Theres your picture the dow is added up 127 points about onehalf a percent nasdaq muted for the most part still in positive territory. Apple leading the way again. Its been up by more than 1 josh brown, apple is now the single largest s p 500 weight over the past 40 years at 6. 5 that in and of itself tells the story of how well this stock has done yeah. I mean its undeaniable. Apple would be the company you would pick i dont think it would be difficult. You could throw a lot of other names in there this should be the largest wagts. It makes perfect since given the success of the fundamentals of the company itself why wouldnt it be the largest stock . However, this is as extended as ive seen it since 2012. The stock is now 47 above its rising 200day moving average. Historically if you bought the stock at anything even above 25 or 30 above its 200 day moving average, that had typically been a period of consolidation to follow it may not be the best idea with fresh cash to go plowing into the stock. That said, i own it. Ive been in it forever. I never sell it. I never Pay Attention to upgrades and downgrades. Im okay with this stock consolidating at these levels. I dont need it to have returns like its had in the last few weeks. Every week forever i would point out over the last three days, apple has added 230 billion in market cap. Let me repeat, three days, 230 billion. Theyve added an equivalent of netflix since friday thats exactly where i want to go next tiffany, as extended as ive seen it is what josh says. It cant go on forever what is next what ends it what advise do we have for people who own apple all of you own apple presumably a large swath of our audience owns apple. Every one owns apple. What do we do absolutely. Listen, apple is now the most valuable Public Company on the public theyve surpassed saudi arabias arampo we are talking about josh is really correct the old way of thinking, the conventional, not old but conventional way of thinking is if something, if a company is really growing a market cap in the way that apple is, how much more can it grow how much room does it have to grow i continue to think tech always finds way to win apple is a very different company. Apple continues to innovate. This is just a really interesting situation. I dont think we can use conventional wisdom to really figure out what to do with apple next im holding it absolutely im not getting rid of that. Jon, what stops it . If it cant go on forever and maybe the forever is closer than we think, that this stock will consolidate, what ends it . The two trillion dollar question, i guess. Right now its 45 of Berkshire Hathaway thats how big it is this thing bailed out warren when he was puking out ibm and the airlines and so forth. Its really a question of who needs to lightning up and how long or do they, are they able to even meet the demand for the new phones is it going to look like the lines around the block for other things like pop yular movies an things like that we have seen that at apple stores we know that this one, according to most of the insiders is not going to be coming our way until october, rather than september announcement nonetheless, i think a lot of folks are going to lined up for the phone. Will they be able to meet that will it be pushed out so far into the future that that is one of the reasons that people finally say, yeah, i think its got to consolidate remember when we talked every week about the law of large numbers. I kept saying it doesnt matter. That doesnt apply to stocks it does not apply to stocks but that doesnt mean that trees grow to the sky. At some point, they slow down, at least, a little bit we know who the buyers are everybody who doesnt own it or wants to own more of it. Josh is suggesting a huge mistake would be if you dont own it to buy it here. If you want to buy more, to buy it here as a mistake as well this thing is over extended, as extended that josh has ever seen it the stock is up 20 , jon, in a month. One month, 20 we had somebody on squawk box who says apple hasnt changed that much from one trillion to two trillion the fundamentals havent changed to drive from one trillion to two trillion now youre at what could be an unsustainable level. Scott, what changed is the fundamentals of the world around apple. You have now a tenyear treasury thats 50 or 60 basis points if we think its 2 , it could be higher if we measured it differently. In real terms youre losing money on risk free bonds and that situation has exacerbated further over the last month. Thats whats really happened and its not just an apple story. Thats what happened with every growth stock if were saying that, if were looking at things like terminal rates and cost of capital and what the risk free return is for Something Like a treasury and that number now goes negative in real terms, in inflation add justed terms then arguably people that are doing modelling on what Growth Stocks are worth can ratchet up their price targets. That is now getting to the point where its crossing over into abject silliness its not to say that apple doesnt deserve to be the most valuable company in the world. Forget netflix, exxon mobile is 180 billion should apple add the e kwquival of exxon mobile on market basis. Its getting completely out of touch with the size of the economy and apples role in it even globally. Thats not to say it cant go higher because they are still going their capital return to share holders. They are still buying back stock. I hope they slow down but thats still part of the story here the cash generation of this company is still enormous. You really haveto go back and read about the south seas company to find anything this dominant it better not falter. It better not have a single mistake because then you risk having broader implications for the overall market totally agree with that i also agree with josh and everybody that spent time speaking today this is a story beyond apple it may be some time and volatility around those answers. It is concerning because when you look at facebook, apple, amazon, microsoft, alphabet, theyre 22 of the market cap of the s p 500. In a zero return world, you can get an earnings yield on the s p 500, driven by these Growth Companies of 4. 7 , depending on what your earnings are for 2021, it starts the look like the market may have been acting rationally shunning these value stocks, favoring these Growth Stocks you have 80 of Companies Reported 18 at the bottom line 3 have beat add the top line. Those are extraordinary numbers. I am cautious about the magnitude of moods ive seen shannon, nasdaq has gone negative how do you see this playing out in. I agree with what everybody is saying. I think there are two legitimate sides to this story. Number one, very Sustainable Growth that factor continues to out perform. We were expecting the potential for one of these stocks to make them stay. We didnt see that and now its continuing to pile back in i do think there is going to be an opportunity for investors who want to own these companies long term i think theres going to be an opportunity for them to get into those stocks i think that it the valuations and i think it will be one of these stocks that does not fit where the multiples are right now. Im Holding Microsoft for ten years even at these levels when you look at the nasdaq and the over abundance of performance and outperformance of tech stocks over Everything Else in the market, i dont think it speaks to the strength of the market overall. I love to see the rest of the market catch up rather than see these fall and say ahha, i told you so. Now we can make clear distinctions between the stocks that are rising of this magnitude today and the ones that did in 1999 these are Real Companies they have tons of cash on their Balance Sheets they have real fundamentals and are at the fore front of what the new and current economy is going to be. Maybe we need to look at this in the context of a new and a different kind of run away tech trade that is unsustainable just the way the one in 99 was unsustainable just for very Different Reasons. Do you have any concerns that were reliving it, just reliving with a different narrative i wasnt in the business in 1999 i wont say how old i was but so many people are making that comparison the valuation of Tech Companies now to that time period and i dont think its the same thing. These companies are very valuable for Different Reasons thats a very different scenario these companies do have extreme value and i think, again, we need to take this rule book that we have been following for a long time. I dont think it works here. Do i have concerns, but i dont think that we can use that same reasoning. No, again, were Holding Apple there wont be a scenario where we sell apple any time soon. The same thing goes for microsoft. The same thing goes with amazon. I think were just touching the surface from the tech perspective. I want to move to josh real quick. Josh, what in your mind is more extended apple in some of these large Megacap Technology stocks or the other ones, if you will. The docusoigns, the zooms, the spotifys, the shopifys which are likely to have a crack first . I was going to make this point thats whats very different about now and 1999 is its not as narrow as it was then i was around i was slightly more handsome than i am today. I think its a very different story because at the same time that the triple qs are making a new high today, the qqew, which is the equal weighted version is also making a new high theres much more participation than just the megacap tech stocks i also think you can throw in names like wayfair its not a tech stock. They sell middle of the road furniture. Thats making a new high and they lose money on every piece of that furniture that they sell. Because its a Growth Company and investors have wisely decided that profitability today is not the priority. Market share is and profits will come later you could scoff at that but its been the only strategy to use to beat the market. The stocks that have decided to do that. So it never ends . Its been working for like a decade it will end. Even the dogs thinks it ends. Theyre like it has to end those arent mine the russell 2000 has been consolidating for a couple of weeks. Emerging markets have been consolidating. The medals are ripping the xli is consolidating before its 200day moving average thats on break out watch. You have new highs in Health Care Many the month of july. You have new highs in communication. Its not just about tech its just this idea that money is so cheap, capital is so abundant that basically investors have decided they are going to prioritize growth in their portfolios and so when you look at sectors in the market, its not about what industry is it its about which companies are taking share and growing and which ones arent. Those are the stocks that are working. I understand it cant go on forever but people were saying that in 2013 also. Its seven years later its the same tree i dont know why, rob, you have people over at bank of america saying values poised to outperform why do we keep trying to say that value will have its moment in the sun when the market and inverstors are telling you what the winning trade is and what it will continue to be i think its because value is not going to win until the sun comes out. The sun coming out is a function of the economy returning to some level of normalcy. It might be a new normal and theres clearly going to be winners because of trends that were accelerated because of this covid situation. The sun has to come out and how does the sun come out . It comes out with Effective Therapeutics and vaccines for the virus. You probably want to set yourself up. The big winners are tech i think the catch up trade happens at that pivot point. You have everything in place that will allow that catch up to happen from an economic standpoint once that light switch is flipped. Its not going to be a light switch i get it the dimmer has to go up slowly i think its going to flip the switch theyll announce the approval before the election. Approval of the vaccine before the election . One of several. Stocks that are on the 52week low list will become the hottest stocks in the market i agree you think well have this v shape recovery im talking about the stock market not the economy. The stock market is already ripped up. Im talking about the bottom half other stocks. Lets be clear. Im talking about if you think the value trade is going to one you want to put money into, you need the economy to snap back. Let me give you a scenario. I was talking about this this morning. The fed has done so much and treasury, have done so much to offset the decline in spending that would have ordinarily happened during a moment like this that it may be the case that the announcement of fda approval of a vaccine and roping of millions of businesses across the country overwhelm, overwhelm all of the traditional ways that we measure price inflation, all of a sudden there may not be enough things to go around, physical things and service things there just may not be enough you could get this moment where trillions of dollars in the bond market say oh, my god, were in negatively yielding in real terms bonds right now and the economy is coming roaring back you have a treasury yield at 50 basis points that overnight could be at 1 what does that do to the value trade scott . It concurrently with the improvement in the economy all of a sudden bank stocks could go up 20 in that scenar o scenario i do think youll get an approval it will have the affect of switching on a light switch. I think first it will be reflected in the stock market. The economy will take longer but we might be in a situation where the fed and treasury have done too much in hiends sight and were having an inflation conversation that could flip every ones head around if it happens its a provok tifr point of view i hope youre right you still have to deploy the vaccine and that will take a bit of time. Your point is well taken jon, go ahead. I said we will range. When we get that vaccine, it will rage. None of that know when it will be i think it will be much more like josh says it will be much more like that light switch and we will rage. Weve heard that from other folks and i believe this deep down in my soul, scott that people are just anxious to get out there and i think airlines, obviously, anything thats facetoface communication rather than remote all of a sudden those really come roaring back to joshs point josh, quickly when you talk about where youre putting your own money, its growth you have a new buy and its called build. Com the ticker symbol, bill. Bill is a company that came public quietly last december its now being discovered. The stock broke out yesterday. Its a trade it may turn into longer Term Investment im trailing it with a stop. Fundamentally, this is a company that will go from 150 million to 180 million the next year. 200 some odd million its a Growth Company in the small and mid size Enterprise Software space it gives Companies Like mine the ability to work with our vendors in a very streamline way it fits perfectly in the category of the best performing stocks of this year. This is one of those companies that allows businesses to get more efficient, work from home, work from anywhere and take care of things as though they were a fortunate 500 company. I love the story i love the growth here i love the market share gains that the company has been making throughout this pandemic period. Hopefully im in it for a while. I would just point out its not cheap. In the scenario i just laid out where value comes roaring back, absolutely this will be a stock that will under perform if and when that situation trails out this is the perfect example of being willing to pay up for growth and even for a stock thats already had a mag nif sent run stocks up 150 year to date. Yep tiff, you have stocks that you like as well theyre all for the most part in tech overstock, pinterest, tell us. Absolutely. What i love about overstock is it does have the tech basic factor i like the fact its solving an issue. It buys the excess inventor. It allows retailers and Small Businesses to sell their goods and platform i love that model. Its doing really well in addition to over stock i like mercadolibre i love the tech story. Its up 87 in the past three months 103 in the past year. I keep talking about what these companies are doing the past three months im a long Term Investor normally im not as concerned with performance over the past three months given this really crazy uncertain time were in, im really looking at what companies have done in the past three months how theyve reacted to this pandemic i also love, love, love pinterest. It provides inspiration for its users. It allows users to create these virtual vision boards. Earnings were amazing. They are very against hate speech and said so when they opened the earning call. Lets take a quick break. Tiff, you stay with me well come back. Steve has been buying shares of a company youll be interested in as well well do that on the other side. Disney reporting its earnings. Well do that when we come back. The covid19 pandemic is creating Food Insecurity on a scale not seen in decades. An estimated 54 million americans will struggle with hunger. With 200 food banks and 60,000 meal programs, feeding america is the largest hungerrelief organization in the country. Join Morgan Stanley in supporting feeding america and your local Community Food bank. And welcome to campunity tonsafun on xfinity its summer camp, but in your living room. Learn how to draw with a minions expert. How to build an indoor Obstacle Course plus. Whatever shes doing. And me, jade cattapreta. The host of es the soup camp tonsafun. Its like summer camp, but minus the poison ivy. Unless you own poison ivy. In which case, why . Just say summer camp into your xfinity voice remote to join. Were back and we go to sue for the headlines. Heres whats happening a massive explosion has shaken the lebanese capital of beirut b theres a high number of injuries Associated Press reports widespread destruction in central beirut some local tv stations are reporting that blast was at beiruts port inside an area where fire crackers are stored in st. Paul, minnesota, a houston fire has seriously damaged a hotel and an apartment complex that was under construction nearby buildings were damaged, including a homeless shelter no injuries have been reported so far in new york city, the citys Health Commissioner has resigned in protest in a letter obtained by the new york times, she said she was disappointed that her departments expertise has not been used more during the Pandemic Health officials have criticized the mayors decision to move responsible for the citys Contact Tracing to Public Hospital system. You are up to date see you in an hour back to you. Thank you very much now to julia who has a news alert for us julia. An alert on cnbcs parent company, ive confirmed with the source close to the situation that Nbc Universal has beguatemalan layoffs they are expected to keep the layoffs at less than 10 the layoffs will be of the companys entertainment side of the business at the parks business, the layoffs will be tied to covid. The tv movie entertainment side of the business, those layoff will be more part of a restructuring of that entertainment business back over to you thank you very much disney shares have fallen nearly 20 so far this year on the heels of park closures, delayed film release and lack of live sports content. Investors will be hanging onto the guidance tonight shannon, you own it. Youve got 13 buys youve got 12 holds. I think most people are expecting the earnings themselves to be bad its the outlook is it going to be any brighter i agree with you. I dont think anything is expecting big things its a value catalyst play that is mas ka raiding. Estimated spending needs to be about 60 to break even on the parks. Disney plus has been bright spot were looking for substantial growth plans to release some of their featured films maybe direct to consumer maybe than through the theaters also looking for some color on advertising demand you need sports. I know were all watching back and seeing it on tv. They get enough advertising revenue out of that when its so this is really a 2021 story at best. We need some sort of guidance on when that might reappear it would provide some comfort to a very difficult and uncertain environment. Okay. The dogs are back, as we here. They have sell ratings on disney multiple sell ratings so it sounded like multiple dogs f theres two tiffany, you own disney as well we do weve owned it for a while we definitely like their diversified revenue. Its really a tough time for them right now theyve lost revenue there just be looking for any glimmer of hope. Its been good having you back with us today, tiffany. Thank you did you ever hear from wells fargo . No. I did not. I got to talk to kramer about that lets set it up i thought he was hooking that up ill get back to you i promise. You be well. See you soon thanks so much. Theres a big call on take two interactive. A rare downgrade for the video game maker hitting all time highs after solid beats on bookings and eps. Bank of america thinks the good news is baked in downgrading the stock to under perform but raising their price target to 166 from 155. You can see the stock is up more than 50 eps was 44 higher than expectations and recurrent Consumer Spend accelerated 127 year over year those are those in game purchases that account for a significant amount of their revenue. 65 of the First Quarter take twos guidance shows that area is slowing. What is not slowing at the moment is sales across the industry they surged 26 in june to 1. 2 billion dollar well learn more much when a Activision Blizzard reports in two hours. Josh, brown, this thing has been a juggernaut. Stocks up 40 in three months. It raised its full year Sales Forecast we get the whole story they have knock out profits. Yet youre going to go to sell a downgrade to sell on this. If you do go to a sell, no one will be mad at you i dont know what the history of this particular analyst covering the stock is the stock price, forget about the fundamentals of the company, the stock price has gone vertical it was 100 three months ago its 176 has the business gotten almost twice as good as it was three months ago, probably not that being said, the company repeatedly reports earnings that exceed expectations quarter after quarter. They have hot properties and arguably one of the most important areas of entertainment right now, video gaming is completely on fire were going into a double console cycle at the end of this year youll get the new xbox and playstation at the same time before the holiday season. Youll setoe tons of games bein sold the stock has gone up a lot. The people that have been in this name have done well i dont think theres anything wrong with saying its more expensive here than we want to pay for it i think thats reasonable. Well listen to what straus has to say well see that tonight i mentioned that steve was buying more shares of a stock. Its an auto maker now ford ceo is stepping down. Steve is with me steve, you bought more shares of ford because of this news. Partly because of this news i was thinking of buying more any way once they launched the bronco where they picked up 150,000 preorders this sort of put me over the edge i bought ford gm the catalyst buying it was that used car prices have remained stubbornly high. I think thats largely temporary but i expect it to continue for a little while the ceo has auto experience where the ceo that just stepped down came from steel case. Didnt really have auto experience you have far lley who has been there for ten years and bought stock cently over the summer and i like what whair doing in terms of the changes you have the new mustang youve got new launch on the 150. Thats still the high margin it is an option on a new vacc e vaccine. I dont think theres a lot of down side here i think it works out quite well. Minimum downside interesting move on top of gm i appreciate your calling in well follow it. Thank you. Well see you soon up next, Avenue Capital marc lasry joining us for a check in on the markets the nba which is under way a programming note on wednesday august 12th, join the cnbc Small Business playbook Virtual Summit its about providing resources to survive todays crisis and a path forward come on in, were open. All we do is hand you the bag. Simple. Done. We adapt and we change. You know, you just figure it out. Weve just been finding a way to keep on pushing. Try new natures bounty stress comfort. Three unique gummies for your unique needs. Find peace. Boost mood. Sleep well. Stress comfort comes naturally, only from natures bounty welcome back we check in now with marc lasry. We lost to houston. We shouldnt have lost it was a fun time. Can you put me on the ground there. Take me through the experience what it was like what you did how many times you were tested, what you saw sure. We fly in you get to the hotel and the minute you get to the hotel, i apologize before you go, youve got to have a test and you got to be negative you get tested every day you go to the game youre in a plexiglass area and youve got to wear a mask. Youre watching the game when i went, it was me, my son and the owner of the celtics my partners. It was literally six people in stands that was it. You know, ive been watching the games and i guess ive been a little surprised i didnt really know what to expect, frankly. The quality of play is good. The quality of the viewing experience is much better than i expected seems like the league and the broadcast partners have done a pretty good job making this feel about as normal as you could make it feel they do i think theyve done a great job. They said youll have a home team and an away team. We were the home team. The announcer would go yannis for the jam. Then he could go basket by tatum. You could actually see it. Its fun i think the players are getting used to it i think having the eight games first before you get to the playoffs is really good. When you look at how Major League Baseball is going through some issues with positive tests and series being cancelled, do you think anything but the bubble environment is going to work for professional sport . I know a lot of my viewers, maybe you as well are thinking toward the nfl in the fall and thinking about how this is going to work. I think adam has done a denominal job deno phenomenal job where you have to be in a bubble i think for two months to two three months, i think thats fine i think it will be hard for the nfl. Youre seeing whats happening with baseball. Its tough if youre in a bubble you can control access and control what happens. I think thats what youll need to do. Will you address some of the criticism that is out there when people like you and others and other sports mention the amount of times they are able to be tested, how quickly youre able to get the results back. Do you understand why theres criticism around that . Here we are having adebate about how to send our kids back to schools and it seems as though professional athletes are being tested every single day and the results are coming back quickly. I know the nba is privately financing the tests and that whole system, but how do you address that criticism whether to our priorities as a country are in the right place i think the government should be paying for the tests and making it available to everybody. Its a matter of cost. The nba is paying for that and i think those tests are available but they are expensivexpensive. If the government comes in and makes the tests cheaper and makes it available, then we could do that. I think ultimately this is a responsibility of the government and im sad to say the government is not doing what they need to do for all of us to be tested. You play again today . We do 3 30 hopefully we win its good to see you. Thank you. Take care in jon coming up with seeg some unusual activity. Well get his latest trades. Derek, seems like your team is operating just fine remotely. Yeah, everything is running smoothly with the now platform. bling see, incident resolved. How did you. Gotta enjoy the small wins. You keep being you, derek. Keep being you. You say the customers maklets talk data. S. Only Xfinity Mobile lets you switch up your wireless data whenever. I accept. 5g, everybody is talking about it. How do i get it . Everyone gets 5g with our new data options at no extra cost. Thats good. Next item, corner offices for everyone. We just have to make more corners in this building. Chad . Your wireless, your rules. Only with Xfinity Mobile. Now thats simple, easy, awesome. Switch to Xfinity Mobile and save up to four hundred dollars a year on your wireless bill. Plus, get two hundred dollars off when you buy an eligible phone. Were back with breaking news the sec is investing Eastman Kodaks announcements of a 765 million loan from the government to make drugs at its u. S. Fak ris nap was last week. It was a huge spike in the stock. It produced basically a wind fall for Company Executives who own Stock Options grants here is the interesting twist to that those grants were issued july 27th, the day before the loan was actually made public the sec is looking into this they say its at an early stage but the areas being probed how disclosure of the loan which emerged on july 27th, one day before the announcement, caused stock prices to surge considerably, and basically they want to know what executives knew when, why was there possibly a leak. Thats what the sec is looking into, scott. Ill send it back to you i appreciate that update. Jon adjerion, we spoke about this at the time, and certainly the windfall you saw ahead of the trading volumes. What can we tell our viewers who may have missed the conversation that day scott, just to recap briefly, it was averaging i think, 6,000, 7,000 shares a day it went to 2 million when the stock went from 6 to 8, i think the t think. The very next day trade the at 60 and just hammered all the way back down the next day obviously to see something go from 280 shares plunge to millions of shares the next day, it makes you scratch your head and ask who had that newspaper the day before it happened, and with sues reporting, it sounds like a lot of those executives will be under the microscope here im curious, too, josh, if you had a thought on this story. Knowing you, i would be surprised if you didnt because of the way you sort of viewed this id love your take ive never seen anything like it i think its a oneoff, one of a kind situation where this company somehow managed to convince someone within the government that they have what it takes to all of a sudden start supplying in large quantities the materials necessary for an industry that theyre not even really in peripherally, i guess you could say theyve always been a chemical company, but its just so bizarre, and so anyone that you saw trading ahead of this or rewarding themselves with options, theyre really going to have to, i think, go to Great Lengths to make the case that the whole thing is kosher. Its just very strange, and i cant even think of something, at least not in recent history, that compares to this situation. And then all the warrant exercising makes it even uglier. So they priced this money raise that then swamps the market with additional shares, and thats an even worse twist because you know who was buying the stock. Yeah. Well certainly keep watching it you see shares have taken a negative turn on that news of that sec probe said to be in its early stages right now according to dow jones, that news brought to us a few moments ago by our very own sue herera. Crude is bouncing back its higher on the day im taking a look now. Its about 1 for wti. Still in bear market territory, though scott nations and bill baruck breaking down whats behind that move scott, lets begin with you. Whats your take on crude now . Nice rally from the bottom, about a dollar and a half. Unfortunately it came on the news that explosions in beirut, so were worried about geopolitical turmoil thats part of the supply problem. Also on the supply problem, you know, last week we saw a 10. 6 million barrel draw from supply, and now were starting to wonder if were going to see another incident tomorrow when we get supply data again, and the fact that Domestic Production is extremely weak and that last week we saw the lowest level of crude oil inputs going back to the early 1990s. And so as far as the bulls are concerned, supply is where its at bill, where is the catalyst to break it out . Thats the thing. We really dont have a catalyst right now. I see the path of least resistance higher. Thats undoubted but i dont really want to be a buyer until we see lower prices. 34 and a half, 35 is where i see value, and heres why. If you look at the chart, where crude oil fell on march 6th, there is a big, big gap on the september contract thats overhead resistance thats keeping rallies in check. The other part of it is the trade is becoming overcrowded. You look historically, you have about 400,000 contracts long right now, and about 350,000 contracts net long right now, which is about 75, 80 against historic full capacity of what weve seen positionwise. So if this market were to start moving lower at all, you start to see some liquidation, but also, if everybody has already bought, who is left to buy i need to see this market lower in fund value or really break out about 42. 5 coming up soon, jons unusual Activity Still to come, plus your final trades straight ahead on the half. Were back jon adjerion its all yours on unusual activity talk to me weve got bp, and the stock explodes on that news. This stock could, easily, i think, take 25 and move toward 30 bucks a share, scott. Today its 23. 50 they were buying the 24 exploration 25 calls, paying 29 cents for those calls. I bought those ill probably be in them in the neighborhood of two to three weeks, scott okay. Second trade, cannabis play, tilray on the lows in march, this was a 2. 50 stock. Its moved back up to 8, which is still way less than half of where it was in january. It was a 21 stock in january. So they have earnings on the 10th next week theyre buying right at the money. The eight strike calls, i bought those. Ill be in these about a week, scott. Do the dogs have final trades for us today, doc . The dogs do, yeah the dogs, their final trade was the amazon delivery guy who dexter is feasting on that guys leg right about now. I hope some chewy was being delivered. Doc, thank you final trade from you fim sector etf. If you want to play that rotation to the extent it happens, thats a great way to do it. Okay. Josh brown i mentioned ego minds last week the other one i bought is barrick. I really like this name. Our apologies to shannon. We had problems with her line and we hope to talk to her later on the show. Scott, you have some final trades sure. Lyft, lyyftlyft. I like the final call were seeing during the show i bought that one during the show interesting stuff guys, thank you. Well keep an eye on what the markets do i know kelly evans is doing that, because she begins the exchange right now. Thank you, scott hi, everybody, and heres whats ahead of us. The battle over jobless benefits would extending the extra 600 a week help or hinder the economy . With payments of millions of americans hanging in the balance as Congress Works on a compromise well have that debate from 30 bucks to 23, back to 30 bucks again the electric truck maker is ahead as a company tonight a reality check with rates at fresh