That is higher today theres been that move into value of late. Money is coming back in as stocks are on pace for their second positive month in a row the dow is on track for its best week since early april josh brown, you can take stock in this for me weve been talking about a rotation we have talked about growth into value. On a day where you have red in a lot of place, ive got apple, amazon, microsoft, facebook and netflix and i got all of them higher today can we end the talk about a rotation out of those names . Well, i dont know if its the end but this is what has continued to happen. If you look, 29 s p 500 stocks that are up 20 on the year or more, 25 of those are up today its back to the winners 30. 25 on the s p, broadly speaking looks like a logical place to see a pause that was if you remember, resistance back in both july and september. We got through it that made sense for that old resistance to now become support. The technicians i talk to when theyre looking at internals, one of them pointed out that we now have a situation where 96 of the s p 500 is above their 50 day. Thats the most overbought on that metric that we have seen since back in early 2000s. Youve just had this huge run in all kinds of stocks. It was great to see but as we pointed out on the show, those episodes have been short lived im not shocked at all to see big tech green and a lot of red elsewhere. Kate moore, you have this heightened geo political risk. Havent had that in a while to the level we do today. President will give a News Conference at some point today you have what many perceived to be a stretched market. You put one plus one, do you equal swoon in june or where do we go . I got to agree with josh. I think were at or close to the top of what feels like a rational whether from technical or fundamentals. I think this point around china cannot be underscored enough we are in a much more heightened and much more sort of threatening geopolitical environment. We have no expectation for that to dissipate i believe china will be the core of the debate between trump and biden. Each side trying sthoe th iningy are tougher on a perceived enemy than the next. Against that backdrop where so many of our bellwether companies are multinational and a lot of the tech folks are reliant on Revenue Streams or businesses and supply chains. I think well see a fair amount of pressure. John, let me build off what kate is saying here. Its important and frankly its dominating the narrative on the street today jpmorgan, a guy considered one of those who can move the market he talks about dialing dou inine market optimism and says a complete breakdown would justify trading equities drastically lower. Mem china is front an center in top part of her note as well how concerned should we be now scott, i think both kate and josh touched on the points that i make as well that is that the reason that were seeing all of those stocks that you mentioned, the fang man or whatever, the reason were seeing that group higher is when ever we see uncertainty in the market rather than just a straight out bear market whoosh lower, if we have uncertainty, people go to stocks with certainty. Theyre very confident of microsoft, of apple, of netflix, of amazon. They are confident with those names. On days like that, youre going to see people looking for a little bit of a safe harbor and when they look around and see those names and many of which are lifting as you noted, z scaler, a whole bunch of other stocks that are outside, they want to put the money into that area, scott. Some of these other stocks are drifting lower they are not being slammed lower. I dont know that the rotation is over. It will depend on how much of a fight this is going to be based on what the president says this evening f evening, if it is this evening about china. Does the rally feel fragile to you today or does it feel like its on firm footing . We have seen this market narration from growth to value we have seen rotation before when the markets are sitting in a recovery mode. Now these are coming front and center for investors could this be a reason for some consolidation in the marketplace . Absolutely that doesnt mean there should be opportunities within various sectors because theres such a dichotomy between where the markets are at and some of these more cyclical tech sectors are in the recovery. Steve, its interesting margaret uses the word consolidation which is a popular word today look, some people are looking, if not hoping for some sort of consolidation to get another more attractive entry point. Thats what hes looking at. In many cases whether its the value trade, which over the last two days before today, you had seen some of these stocks just go up by astronomical amounts or the high growth tech trade that have seen those stocks go up but simply over a longer period of time is as stretched as the value trade may be just over a different time period. The upper end of the trade range ive been looking for here is a little lower. I think theres misperception out there. Just because stock prices are lower, doesnt mean the values increase youre going back to growth. Why did those stocks go up the way they did over the period in which they did . Were talking airlines, cruise lines, some of the casinos, industrial name, some materials. You get the picture here i believe they rose because you have vaccines. I dont think its a big risk out there because the markets got a memory we went through this before in spades last year as tariffs first came on and we got out of it those stocks, if tariffs come back, the value stocks, so called value stocks are the ones to back it i also think what were seeing here in addition to return from growth were ignoring some of the risks to the Technology Stocks here is how i see it playing out. Theres not a lot that trump wants to do to further put the economy back on its heels. Hell talk tough but i dont think anything will happen frankly, the reopening stories around this country, thus far, arent nearly as bad as the worst of the fears were when some of these states were roping he may feel like thats a bit of capital to use it to push on china a little more than some people are expecting maybe thats a hidden risk we have to take into consideration. I want to bring in the fact of where the market is technically and for that we bring in jonathan hes back with us today. Its good to have you back thanks. How are you feeling about how far we have come last time we were on your show was may 18th and were making the call for a momentum reversal theres a lot of talk about value versus growth but the reality is the markets trading on high momentum stocks and low momentum stocks. We had a reversal of that by pretty meaningful magnitude. A lot of the banks and retail cruise lieps, all stuff you have been talking about had very significant rallies off the lows thats what you see toward the later innings of a rally i think now were getting to a point where we had Growth Leaders off the lows in march and we had value play catch up or low momentum play catch up. Now were at a point where i think things are getting difficult. One of the major rons that leads us to this conclusion is sentiment. If we look at Something Like a tenday moving average of the call ratios were now down below. 6 on that ratio when you had that come bibibineh rally of this magnitude, we only had that 15 times. Were only up about a third of the time i think the set up here is a move back down it doesnt have to be massive but some of those value stocks that led us off the lows will lead us back lore. Well see if we finally see a pull back in sochl the more high momentum growth snams that have been so resilient of late. You raise an interesting point. One we sort of kicked around a few moments ago, whats left to move you higher. You had a massive move in tech growth you had a massive very short term move in beaten down value what are you going to hang your hat on now thats the call if youre looking for place to go, can probably go back into some of the real defensives, the utilities and the staples that have kind of been more yield plays but as far as the megacap tech growth names, they are still in good structural positions but to your point i think a lot of money has moved into those names for the perceived safety we dont really see the next upside catalyst in the very near term unless i counter that by saying the unprecedented liquidity from the fed is so overwhelmingly powerful. Dont discount that, which i know youre not and nobody else is its the reason we are where we are. If the reopening stories, jonathan, continues to be positive and we hope it does, its going to be hard press to figure a reason why you would want to push stocks lower if you can actually add some fundamental turn around in the economy. Even incremental and all be it small. If you could add that to a liquidity equation, you could come out with a sum thats pretty good on the other side of that i think thats fair again, when markets get extended, they can correct in two ways i think the bullish scenario will be a sideways consolidation like some of your prior guests were talking about i think the risk people got a little too complacent given those ratiosing some of the other sentiment measures we can look at. Were already seeing some of those retail names that we highlighted last week. They rallied 40, 50 and now they are giving back 50 to 30 of the rally you just have to be a bit careful and know your time frame. We think the risk reward as we head into june june is the second worth month for the s p going back 30 years. We think you add all these things up, the odds for a bit of a pull back. I hear you. I would say you come boo may every year and you hear that sell in may, go away stuff history only takes you so far down the road. Blow out earnings and through the 52week high we both know some of the reason for that retailer to blow up like that is because people were buying more stuff for their homes while we were all hunkered down how about that 33 , the amount of savings that money along with the reopening, very low interest rates. People can go out in these stores, what do you think of that as the drooier to lift you significantly higher than where we are right now that a good point its a little different set up than the shorted retailers that were sitting out in 52week lows there are going to be certain stocks that buck the trend i think on a broad base market call the risk reward is not great. Youll find your certain stocks and thats where you have to do your homework. Appreciate it be well. Have a good weekend. Thanks, you too kate, you have a few things may be working against you if theres a rotation out of some of the higher flyers what do yo u think about what you heard from jonathan here he made some good points around momentum and seeing a bit of reversal. These are companies that are putting up the numbers i dont think theyll get a sustained rotation into some of the more value oriented, weaker quality Balance Sheets and frankly more structurally impaired industry. Youre just not going to get that unless were talking about a return to an economic environment that looks more like it did in january or february. Wi don we doervets expect that to happen some of the reopening stories are not as bad as people feared. Activity is coming back. I will go back to the china model. I think this is super important. Look at china which has largely reopened its economy the supply side has rebounded. There are pockets of demand that are remaining relatively weak particularly around consumption. You might get some high end consumption and some low end more staples or consistent consumptions but the discretionary spend hasnt really rebounded yet thats going to be the key thing to watch ill tell you what, josh. You dont have some of the more bullish people on wall street backing off their targets. 3400, tom lee, you could hit this year. Barry banister, 3200 david costen has not been the most bullish throughout this thing. Hessticking with 3,000 by the tend of the year you may get some push and pull here and there and theres bryan belsky who is like i understand that pe multiples have expanded recently because of the moves that we have seen in the market. He says dont fret it. He says the s p may not be as overvalued as some investors may think. One of the smartest people i talked to, hes an anonymous on social media but he posed the question would the market be higher or lower absent the coronavirus situation. I forget if it was a poll or just people responding but the consensus was the stock market might be higher than it would have been if we were just in an ordinary period of time. The points youre making are the right ones. How many large investors are under invested given how well the market has done. You can make the case logically that toms target will be proven correct. Id love to hear kates point on this were at a Decision Point come july about whether or not to extend the 600 per person extra unemployment benefits. Its been estimated that twothirds of workers are making more right now not working than they were in their real job because of that extended benefit. That runs out. I know a lot of the Retail Stocks we have been talking about, walmart, target have benefitted as a result of consumers having more money than they were accustomed to having even though they were furloughed or unemployed. I dont know what congress is going to do. Thats going to have an impact on some of the biggest, most important index stocks we have been having all this time. Do we extent it or not or do they do a return to work credit of 450 which is something the republicans are thinking about i think thats on the horizon. I dont know how it will fall. That will be a moment for the market kate, do you want to answer that in. I think thats great point youre making josh to date, the stimulus that we have gotten has been really about income replacement really stort of plugging the hole and some cases plugging the hole and then some relative to the incomes that some of these workers were receiving before the crisis be more about supporting businesses instead of individuals. I think this policy and debate over the next 30 to 45 days will be critical and especially as we start thinking longer term second half of 2020. First half of 2021 in terms of the earnings for a lot of these Consumer Companies our expectation at this point is youll have some air pockets its not going be a smooth ride and become difficult for the government to consistently provide overall income support on an ongoing and indefinite basis. Theyll have focus on other policies and a looss dictated around the election. The best way to really truly find out where members of my investment economy stand is how they are voting with their wallet, so to speak, or their portfolios by that i mean i want know what youre buying, if anything thats a good tell and where as the how you truly feel about where we may be going from here . What can you tell us sure. I echo a lot of the points what kate said around the focus on quality. The focus on companies that are generating revenue and earnings or that have some fundamental underpinnings as to why they can recover in that revenue and earnings trajectory. I shared some of our adjustments early on this year which was really focused in on the companies with the Balance Sheets that are unlikely to have some real particularly impairment or damage up to come. We have been reducing areas that are highly levered reducing areas that on the flip side might have gotten the market a bit ahead of itself in the pull back of the market, again, taking opportunities that was presented in the lows of march adding to certain names in health care, certain names in the discretionary side that we see as part of the recovery, the venal eventual recovery. I think its critical to not focus on rotation within the market thats what we focus on every day but the rotation thats happening in the economy and what will structural be changed from this day forth giving covid, the work from home environment an reopening theres going to be a substantial amount of change thats something were really focused in on is ensuring were add ju adjusted because theres so much structural change ahead. In addition to what is likely to be structurally high unemployment and that will shift where consumers spend and away fromareas like leisure and lodging, away from traditional apparel and more of these needs based, consumers looking for value and convenience which sets up very beneficially names like amazon, like a costco or target that are delivering this for consumers. John, what you doing in the market youre pretty nimble you got a lot of stuff going on every day. What about now well, scott, theres a couple of stocks ill have one of which on unusual activity that have announcements coming our way ive been sort of focused in on these in the short term as noted last week. Took some pain in those chinese stocks, exited those anticipating a little more pressure to the down side after the president makes his announcement, whatever that might be tonight i think either way its not going to be positive for those stocks josh, there was a point where you had been invested in k web, the chinese internet etf would you advise people to get into that or just if you are in it it, now to get out if you look back at the last round of tensions with china, these stocks didnt necessarily perform in any specific way. They might have moved daily on headlines but i dont think it hurt the Underlying Companies at all. Most of the companies were talking about do not do business in the United States if you look at the makeup of an etf like that, those are main land china operating businesses. Theyre not its not as though alibaba is selling product in north dakota. I dont really see that to be an issue for those stocks i understand from a sentiment perspecti perspective, it might make an investor say we have too much china, lets not add so maybe at the margin i think those stocks need to be looked at as a world onto them themselves quick break well see you in two minutes where will you go first . Will it be familiar streets . Or perhaps unknown roads . Wherever you may go, lexus will welcome you back with exceptional offers. Find a lexus for every road at lexus. Com. No payments for up to 90 days on all 2020 lexus models. Experience amazing at your lexus dealer. Iits not acceptable oor nothing. And its definitely not close enough or nothing. Mercedesbenz suvs were engineered with only one mission in mind. To be the best. In the category, in the industry, in the world. Now, get 0 apr financing up to 36 months on most models and 90day firstpayment deferral on any model. Mercedesbenz. The best or nothing. There are times when our need to connect really matters. To keep customers and employees in the know. To keep business moving. Comcast business is prepared for times like these. Powered by the nations largest gigspeed network. To help give you the speed, reliability, and security you need. Tools to manage your business from any device, anywhere. And a team of experts here for you 24 7. Weve always believed in the power of working together. Thats why, when every connection counts. You can count on us. We welcome you back. You saw stocks were lower on these escalating tensions with china and now we have a time for that president ial News Conference it will be at 2 00 eastern time in the rose garden well see President Trump and find out exactly what he is going to do this afternoon sue, we have been watsi inwaiti time stocks havent been waiting around they have been selling off absolutely. We saw that before the close yesterday. Well be monitoring that News Conference with the president in the rose garden. We are also monitoring the situation in minnesota minnesotas governor is promising justice will be quote, swift and fair for the officers involved in the death of george floyd. While he understands quote, generatio generations of pain are manifesting themselves in front ov the world, he believes order must be restored before addressing long term racial issues im asking you to help us help us use humane way to get the streets to a place where we with restore the justice so that those that are expressing rage and anger and demanding justice are heard. Democratic president ial candidate joe biden is criticizing the arrest of a cnn reporter and crew on live tv while they were covering the protest kweeting this is not abstract a black reporter was arrested while doing his job while the white Police Officer who killed george floyd remains free, end quote. The governor has apologized for the arrest saying theres no reason it should happen. Well have an update on the developing situation in minneapolis every hour today back to you. We look forward to that thank you very much. Lets go to dom with breaking news regarding Morgan Stanley. Consider maybe green chutes if youre looking for a term of normalcy take a look at whats happening with Morgan Stanley. Cnbc has learned via sources familiar that Morgan Stanley will look to target bringing some of its trading staff back to its Headquarters Office in new york city some time in mid to late june this follows on Goldman Sachs with its own plans to bring back some of its trading staff in the coming weeks and months aez well they willrequired to wear the masks in Public Places although not at their desk another sign of wall street trying to bet back to work i should also point out that foul story is right now on cnbc. Com a great story if youre looking for any signs that wall street is returning to normalcy back over the you. It will be interesting. I appreciate that. Well continue to follow that story. Lets talk now about lululemon holding up despite the market shares hit a new all time high as Raymond James raises its prices whats the story today, weiss . Well the story is that im long in it after i sold it, i realized i made a big mistake and i went back in. I wear lululemon i went on the site to try to buy some things. Nothing is available there are no more sale items than there typically were. When the company last spoke to us, same store sales were up 20 . Their wear has become the new office wear for home anybody i talk to as you do in formal survey is buying more, repleni replenishing they have a mode around their business theres no koch ticompetition ie upper end. I think it plays perfectly their website is great and the company is doing extremely well. I also believe its ahead of itself on a price basis. I think it plays out for while and continues to march higher. Its such a unique retailer in this environment. If you get back to normal is, you have a winner and in a work from home environment where you want to be comfortable, you have a winner and in a work from home environment or going back to Work Environment where you want to work out, you have a winner thats why the stock is where it is and now you have a street high 335 from Raymond James. Yeah. I think weiss is going to make some money here. This is one of the stocks i hate myself for not having been smart enough tone. Weve got a house full of lulu clothing over the years. I knew it and never bought it or maybe i bought it and never traded it. One of the things that lulu has going for that no power retailer has is intensely loyal cult following. The customers know that other Companies Make athleisure. They dont care. They go to lulu. They want the newest stuff if lulu starts doing masks, everybody thats a lulu customer is buying the mask they have that going on in the way a lot of companies dont have in apparel. You can find examples of that. Every one knew there were all these other alternatives to netflix. People want to watch netflix when you find a situation like this, its hard know when the love affair will end other places sell the kind of apparel. Theres such a brand loyalty to lulu like there is no nike it holds the story up even as competition comes down the pike. Exactly right a lot of the people that tried to compete against lulu whether its athleta or under armour and nike unfortunately, they didnt get the idea that it cant look as much like sweat pants. If its translating over spoo the male populous. There are new customers coming into this brand because of being more casual at home and when you go back to the office if its socially distanced that maybe it wont be as buttoned up with suits and ties that just plays more into their strength that right in between the dress and those sweat pants is that lulu area for men. Lets take a quick break. You can reach us at cnbc. Com halftime. Were back after this on the half machin ever since weve gone mobile on the now platform, somethings gotten into the office. I hear you. Feels like theres no barriers between departments now. Servicenow. The smarter way to workflow. But a slice is just right. Thats why fidelity offers dollarbased trading. Buy what you want based upon how much you want to spend, even if its just a slice of a share. And wells fargo employees aren assisting millions of customers never before across america through fee waivers and payment deferrals, helping people stay in their homes through mortgage Payment Relief efforts and donating 175 Million Dollars to help hundreds of local organizations provide food and other critical needs. When you need us, wells fargo is here to help. Welcome back turning tout be a pretty busy friday we have shares of taubman centers. They operate these mall type facilities news they will move ahead. The company is with a vote on whether or not they should agree to an acquisition by Simon Property group those shares moving higher on that news. We should almost point out that Simon Property group the moving lower on those headlines as well back over to you steve, you know taubman pretty well. I do. Its a high quality mall out here most square most retail dollars per square foot in the country, i believe if i were property group, i dont know if i would be paying the price i agreed to. Its been damaged. I wouldnt buy mall stocks here, period were looking at the stocks with interesting moves well continue to follow that. Lets answer somequestions now josh youre up first paul in minnesota. I bought slack on your recommendation its up 36 now. What do i do well, i am not selling. If you want to do some Risk Management here, i would look at that 30dollar level that was a triple top. It went for a fourth time and broke above. Big volume came in it was an obvious break out. I think we talked about it on realtime if you wanted to say, thats now support, wheres my out. Where does the market tell me the trade is over. Thats not a terrible place to put in a stop loss and let it ride i am not playing with the stop loss im long im an inverstoinvestor im a huge believer. We run our whole business using slack. I think its a phenomenal product. I think theres a lot of years of growth ahead. My outlook on it is bullish. Sflp watching that stock get a lift there tom, what is your opinion of akamai its one of my favorite companies. Its really not that well known of a story if youre on the internet and we know how internet traffic has exploded, your chance are youre dealing with akamai, best buy, Chinese Internet Companies the top 25 banks in the u. S. Top 25 or 24 in europe, et cetera, et cetera. Their web security and improve the customer experience. Now, this is all happening its almost hitting a new all time high with sports but they handle the sports web traffic. When that comes back, then youll see it really exploedexp. I think stock goes a lot higher. John to you, i bought apple at the end of march. Is it safe to trim some for profit thats a good question if youre in a tax free account, absolutely. If youre not, i would sell calls against it, scott. I know what a fan of hollywood you are. They just did a big deal with scorcesi that will be on apple. They have other big things in the works. I think theres more positive runway here. I wouldnt exit the stock entirely margaret, if you had one stock to pick among walmart, target and costco for medium to long term growth, which one would it be . No investor can argue against how well positioned all these of those companies are given what just occurred with our economic crisis the number of customers, all three of these have acquired during this time frame as there have been building out their supply chains for e commerce and delivering value and convenience to consumers costco has been a long term core holding. A very durable growth model. They deliver unmatched values to consumers. We are still yet to hear about any kind of special dividend i imagine in this environment we wont get one. Thats a long term upside for investors looking for dividend and income round two josh brown what about berkshire hathaway, is it a buy . I bought a whole bunch of stocks in march. This was the worst one of all ive bought. Its bounced a little bit. Im okay with it koilds have bought anything else and been up like 20, 30 this has not performed for me as well as some of the other stuff i pickedup im low on the stock i was very surprised that they didnt take advantage of the human drop in stocks and buy more of their core positions berkshire were actually out there selling that maybe related to insurance liability with the pandemic and that uncertainty. Im not sure maybe he was talking to bill gates too much i think a lot of people are disappointed with how berkshire has recovered. Im not excited about this holding of mine but im in it. Understood. All of thoeds poise points you e well taken steve. More of a general investing question if i have some funding to invest for for two to four years, what are stocks that have the most gain potential over that time period to me thats a very, very easy question. Im going to come back to what ive talked about in past. 5g the pmerformance has been great but youll see extreme out performance from these names that is akamai that is sky works and also the edge, data centers thats where 5g will play as well thats where id be. I had another tweet for you about the same topic asking you about sky works. What about corevo. Do you own it . I do. I own more skyworks. Both in the same business although corvo had some additional businesses. You need more of those than you needed in 4g verizon was saying maybe six chips instead of one or two and then take that and it goes into all those businesses i was talking about so it i creases so dramatically its impossible to calculate the last question was put money to work on twitter thats the twitter handle. Thanks for answering that extra question john, whats your outlook or gilead near term i like it im still long and strong. I am writing calls against it because i think its bit of a long road into at least the fall before we get a little bit more certainty about how well the vaccine work is going, but, south korea just said they are moving to approve remdisivir has a treatment for covid. Lastly, is Pnc Financial a buy . Hi, larry i see thats a local Financial Service firm near you, locally this stock is down 28 this year its up 40 off the lows theres such intense investor concern right now around the risk to dividend and all of these bank stocks and some of this investor concern will have some clarity i do see pnc has a good value here 4 dividend yield. It just exited its 22 stake in black rock creating likely obscene amount of capital needed to fund their dividend on a go forward basis. Pnc, High Quality Bank well positioned and trading below book value good stuff. We got a lot of questions and a lot of answers in there. We have more trades straight ahead. Well still do unusual activity with jon we have some of theaine rngs coming up. We have a lot more ahead service will do. Thats why were expanding your range of choices. Many dealers now offer optional pickup delivery and athome maintenance, as well as Online Shopping with Home Delivery and special finance arrangements. So, whether you visit your local dealer or prefer the comfort of home you can count on the very highest level of service. Get 0 apr financing up to 36 months on most models, and 90day firstpayment deferral on any model. All right. We are back and going to jon najarian unusual activity today i got two for you first is zenga with the stock basically right around 8. 50, they started coming in and you drained four phasers and they still came. They bought 23,000 calls at the nine strike in june so one month out, june calls, 23,000 thats huge volume i followed that one. The second one was as i mentioned uber are they going to have a breakup fee that is very significant . Whats going on with uber . Thats why we think we see speculation, buying the june 35 calls right at the money so if you want bang for your buck this is that. I bought these as well today ill be in both trades probably for two weeks, scott. Josh brown, you have a quick comment on uber for those who may not know the current view . Im long the stock, happy to hear that theyre seeing ridership up we know that uber eats business has been a really key strategic part of the story throughout the pandemic and what would be really nice to see is by the end of this year ridership is back to normal or as close as possible and the eats business humming along and scaling and then i think the stock should do okay. Well come back for joshs view on zoom earnings next week and final trades straight head feels like theres no barriers between departments now. Servicenow. The smarter way to workflow. There are times when our need to connect really matters. To keep customers and employees in the know. To keep business moving. Comcast business is prepared for times like these. Powered by the nations largest gigspeed network. To help give you the speed, reliability, and security you need. Tools to manage your business from any device, anywhere. And a team of experts here for you 24 7. Weve always believed in the power of working together. Thats why, when every connection counts. You can count on us. Its a thirteenhour flight, tfifteen minutes until we board. Oh yeah, we gotta take off. You downloaded the Td Ameritrade mobile app so you can quickly check the markets . Yeah, actually im taking one last look at my dashboard before we board. Excellent. And you have thinkorswim mobile so i can finish analyzing the risk on this position. You two are all set. Have a great flight. Thanks. Well see ya. Ah, theyre getting so smart. Choose the app that fits your investing style. You know, the chef here trained in france. Mmm, it shows so good. Oh hey, did you say you needed help with investing . Because i know someone whos really great. And you trust him . Totally. Yeah. We went to school together. Ill check him out on investor. Gov. So, whatll it be . Ill just have the burger. Before you invest, get the full report. Check out an investment professionals background for free on investor. Gov. Before you invest, investor. Gov. A portion. A chunk. With dollarbased trading you can spend what you want, even on just a slice of a share. With dollarbased trading you cadad, im scared. Want, its only human to care for those we love. And also help light their way. Its why last year chevron invested over 10 billion to bring affordable, reliable, ever cleaner energy to america. A reminder tune in tonight at 7 00. Eastern time all right. A couple minutes left, josh brown. You sold peloton which is interesting. Tell me. Yeah. I bought it wrong. I said i was chasing it and i had fomo and i just changed my mind i said, you know what . I should be in the stock but i should have been in it much earlier and lower prices so i got out around where i got in and i may be back. What about zoom which is reporting next week . I cant remember what you told me the other day about zoom. Yeah. I took my original investment out so its houses money. This is conflicting because its 300 times next years earnings so if youre in a stock like this, if they say even the slightest thing thats not a bed of roses theres a lot of potential Downside Risk so i did come out of some of the stock. The momentum is so sick. Like its so undeniable that people want to be in the name so it will be a big moment and change minds i dont think its a quiet reaction in one direction or the other. I do think that the business is on fire. And i do think they have the Video Conference game on lock right now. If im wrong the stock will come down big but i dont have as much there as i did. You said momentum is sick business on fire people just want to be in that stock. If you would have said that about peloton i would have said, okay, i totally get it but youre going the opposite direction. Yeah. Well, ive been in zoom for a long time. No, i know. No you could have said the same thing. Yeah. Thats true. Good point listen i spent this weekend pumped in the face by a thousand people and im punch drunk so i get it. I get it margaret, nice to see you to what is your final trade for us . Final trade cisco still cheap areas in tech and from a dividend yield perspective, 3 , we get another value rotation, cisco should do well in that environment. Jon najarian, im glad youre back on the game of throne. I had to go push the dog back into the other room, scott uber, buying even more upside calls right now, scott a ton of them at the 37 strike final trade, fireeye weiss target. I went back into it after they traded down unexpectedly in the earnings and added to it this week. Josh brown, what is your final trade . Jpmorgan, sticking with it even on the pullback. Interesting week for the banks v. A good weekend. Nice being with all of you stocks are lower pretty much across the board and continuing to follow that story with kelly evans now. Thank you, scott hi, everybody. Heres whats ahead. The president is expected to lay out his plan to go after china the white house is holding a News Conference at 2 00 p. M. Markets waiting to see if a pullout out of the trade deal. Plus, senator ted cruz is joining the president and others amping up the fight against twitter. Will jack dorsey regret policing political speech irks the boss wants to know what youre doing this weekend because of covid19. Well get into that on rapid fire which is