Predictions and youre making another big one. Why next week for what you call a monsterous rally into your epicenter stocks happy friday. We took a look at what happened the last time cases peaked which was late april it took 20 days last time. If we look at the current context, daily cases peaked july 27th the 20th day would be august 14th we have been seeing consistent 7day decline in average daily cases but our clients are thinking this is in the middle ground theyre not clear if its a decisive move. I think it takes another week. That will happen next week and i think lit be violent sdp you think people are ready to get out of these stocks that have been so tried and true. Nasdaq closes above 11,000 clearly money wants to go into big megacap growth yes i think megacap growth is cheap as a bond proxy because youre paying 50 times for an investment bond. Paying 30 times for faang isnt expensive. These are the names that have been written off by the market its only 26 of the market cap. Ta a they are trading at around 15 times four were talking about blue chip u. S. Names i think there is going to be a need for people to have exposure look at the jobs number. We retraced 50 of the job losses i think the economy is healthy these cyclical stocks could rally big. Its over 30 in about two weeks. Still a long way to go in the jobs market. We took a nice step in the right direction today. There was so much damage done. Its going to take a long time to get that back maybe you have to wait until a vaccine or otherwise im not sure thats right. The economy is a wreck theres a lot of aroundage t the biggest depression not only in our lifetime but probably the biggest depression the u. S. Has ever experienced. What we have to keep in mind is theres a binary event if we get a vaccine or a cure, a lot of the things we think are permanent changes and lisirisk the economy start to mitigate and that makes the stocks vulnerable to a massive upset. Youve been more right than wrong. You deserve credit for that yop youre literally saying next friday is the day that youll get and you use the word monsterous, not me what names are we talking about. Youre a broad market watcher but you do bring specific names to the table what do your investors need to know i talked to our head of global strategy. Its names like pulte, target, best buy its also things like auto nation and things like mosaic. List young. You get thefirst crack at tom lee. What do you think about what hes saying . Its a bold prediction i think we use the word rotation too much as an industry for it to really be a rotation it means money has to come out of one group and the same money has to go into oots group. Do you think thats really whats going to happen here or is it more theres cash coming off the sidelines that will be overweighted into some of those epicenter names. Theres it shall its probably a bit of both i think theres so much cash on the sidelines still. We can see it in the sentiment readings i can tell by talking to our clients, ta are very cautionly positioned we see it in the money market a monster amount of buying power. There are some expensive Growth Stocks i dont think faang gets sold. If theres a lot of growth coming from cyclicals, they can buy cyclicals. You talk about where positioning is tom and much money you say is on the sideline they saw the largest outflows from stocks in 11 weeks. Steve, what do you make of where tom lee thinks we could go maybe by next week and the fact that positioning still seems to be somewhat cautious, if not negative you got to be careful about looking at out flows and inflows. Its not exactly an undiscovered trade. Pulte home has out performed amazon since the bottom. Its more than doubled the housing index has out performed amazon facebook, they doubled from the lows its not unknown they have done quite well and basing all of this on a vaccine is maybe appropriate towards the end of the year. Picking a point in time is a very gutsy call. Nobody will abandon this i will tell you the Growth Stocks will grow faster. The old line im sticking with what i have tom, you can respond to steve. I agree you dont want someone to put all their money into epicenter stocks i think hedge funds are net short. I think a lot of managers have really been safer buying growth. Its a truly underown group. If these stocks just went back to their march levels which im not saying they will, that will add over200 points to the s p index. Jim, i know you want in go ahead its probably no surprise that im completely in agreement with you i want you to be right at that point in time, in the middle of june, large cap growth was out performing large cap by 20 to date. Right now its out performing by 33 Percentage Points meaning you got that rally you got that wonderful cyclical rotation and you gave all of it back and more. What is to stop that from happening. Lets say we get this cyclical rotation starting next week and youre ride it for two weeks, whats to stop it for reversing. Theres been so many head fakes. In the last ten years so many head fakes all great points. That has been the fact tom, how do you respond to that . Its the easiest thing to come back to you with yeah, i hear you you may be right but you may be right for two weeks. Thats right. I understand the caution i think thats one reason why i know theres a lot of skepticism i see it in the commentary from our client i think the bar is really high and the future is uncertain. Go ahead. I thought you were finished speaking its been acting really well. Degus, you have a lot of Growth Stocks. You have a lot of the ones that were talking about at the very top for the reason why nasdaq is at 11,000. Apple and microsoft, facebook, nvidia, adobe. Granted you do have names like mcdonalds and home depot if your portfolio but youve been leaning heavily on growth. Are you ready to change your tune right now scott, were looking at is that im going to go back to what steve said earlier, i think in this market you really have to select your Consumer Discretionary names. As you said we hold a home depot. We hole mcdonalds we hold mvr. These companies have good profitability, good return on investment the valuations are there. Theres a note from bernstein today. Im sure they listened to tom lee make his case. They say not so fast there has to be a near term change in leadership likely having a concentrated fund would be helpful to achieve out performance. Thats a worrying set up i dont know i dont know where do you come down on this debate jim, aptly pointed out that value has worked but its been fleeting its been 15 minutes of fame and thats it. Liz points out the fact it doesnt necessarily have to be a rotation what does rotation mean . Its over used and the rest of it theres so much money on the side lines still. Its the cautious side its a lot of folk who is have definitely missed. The fear of missing out coming into play. I could see this feeding into both i look at gold and silver. The smh. You look at the semiconductors all of these are hitting highs the reality of, theres a lot of more participation than gets talked about each and every day. To toms point i think it can spread over a little bit further the announcement that schools will be in person plays into the nar tirative that youre tryingo sell thats why you have to be involved in these stocks now things may still be uneven though my question to you, how long are you willing to wait to see if this trade works or not . The problem with our call, we have been early and early is wrong. Im quite nervous about how investors are really very skeptical because at the end of the day the market smarter than any one of us. I must be missing something. Credit has been pretty strong. Im very, very nervous i dont want to think, i know what the market should be doing. The market is a lot smarter than me lets revisit this next friday lets see where we are lets see if that rally looks like its about to happen or in the process of and well see where we go from here. Tom, i appreciate your time. Have a good weekend. Thanks. You too. Thats tom lee joining us guys, tom is not the only one talking about these names. Degus, jim kramer has come out with his go stocks, if you will of stocks that will, in his estimation do incredibly well as you get closer to a return to whatever level of normalcy were able to achieve on the other side of this disney, pvh, emerson, mastercard, any knike, ppg, unin pacific, newcore what do you think about some of those names . Talk to me theyre doing a lot of good things for profitability they are exceeding with sales. The valuations are like where we like to see them they are maintaining that. Were going to focus on more, not the sector but individual stock names. I gle with tagree with tom we want the see the market broadens out that strength it does make me nervous when things are so narrowly led it hasnt been as narrow as it was in the beginning i do think were continuing to see a broadening out of strength sochl the names that you have up on the board, maybe theyre not the sexiest names in the market but it would be nice to see them start to participate im optimistic we will see some of those less sexy names start to take part here. Its a good name wiess, im looking at the notes you gave today and you say why would you own any of these stocks around kramers go list but you did buy disney yeah, i bought disney this is why im such a faithful viewer of the halftime report. When you started mentioning the low was in disney, i thought it was a good trading opportunity i bought it. Ive sold most of it disney is not that unvalued. They have gotten major challenges ahead they are bleedsing money on the parks. I dont see that changing. Why would i want to own those. You dont think nike will be a good performer you dont see industrial or things like emerson or ppg, for example, if theres a willingness to spend more on a retail, why not pvh . That doesnt seem so farfetched to me. I dont view ralph as anywhere near lulu i think its like old economy, old dress. Ralph was a very challenged performer over the last few years and that will continue im not looking to buy stocks that we are poor performers going into covid hoping Something Better happens after i think thats pure folly. By the way, its not that far off. Its all time highs. Im with steve on that. When you look at it and somebody say lulu trades at a higher multiple thats true. The reality is you start looking forward and growth and looking at where was this Company Going into the pandemic. Where was it comes out as we get closer to some sort of pandemic. Are people going to change ha they are doing we talk about this every single day. If thats the case, then cash clothing will change even more so people will get more twaowards that sort of thing its somewhat expensive but the growth is there. They havent really scratched the surface yet of the International Growth potential that they could have as opposed to nike, we know how global the are. It feels like its over priced its trading at a p e level tha ive never seen before in nike we own it. Ive owned it for a long period of time. I have no intention im not even sure what news would come out that would have me say i need to take this off. I think going into the future, i think theres a lot more runway in front of lulu right now especially if you want to compare it to nike i dont think the suggestion take something off of lulu but if you think were getting a vaccine and the spirit of kramers list is vaccine and beyond, you may want to take money out of Something Else and put it into one of his so called go stocks. Say if you have a stock thats been a e covid winner and you get a vaccine, you may want to talk money out of up with of those stocks and put it in the go list. Theres no doubt about it, you want to put it in some part of the go list im with steve in terms of i dont know thats my go list i think there might be other names out there. Tom lee talked about a couple of those names. He talked about target those are names i own already. I do think theres more upside especially when we get past and start to see maybe some light with vaccine and all the the rest of it that also feeds into steves point about Disney Disney does make total sense right now youre just riding on streaming and waiting for a vaccine for all the other entities they need to have work in the right way right now youre kind of basically on a hope strategy when we get that vaccine we dont know the time line for that thats what makes that a little more of a dangerous play i still like disney. I think they do a great job and always had great management. That behavior buying online has been much stronger you look at this list and see the industrials. Industrials are starting to come back hes got emerson electric. Ive got dover ppg is in the Housing Market i got Sherwin Williams thats running if you really think a vaccine is coming and getting back to normal then my question is, wheres the financial stock on here why isnt Goldman Sachs on here where is the energy stock. If you think were getting back to normal because a vaccine is coming, and god i hope so, why isnt chevron tex kaco on here. Back to normal is relative. Remember the Goldman Sachs article from yesterday this is the thesis im not saying they are right or wrong. Im saying this is the thesis that if you get a vaccine youre going to get a return to normal. That is a thesis we dont know right now whether its true or not what im saying is, if that is in your play book book, im notg buy some crummy shell producer but at the top of those sectors or the big super mayor agr integrated oils, thats where youll get the bang for your buck pete, you have several moves that you made. Can you tell us a bit about, you bought the metals in nining etf. We know gold and silver has been off to the races im assuming thats the play. Thats definitely the play. I like this name and the sizable trade made a lot of sense for me to jump on top of it i do like the metals and these Mining Companies they bought even more going into the close. Thats an area that i think still has plenty of upside as people are navigating through all of what we have been talk about for the first half hour or so which is where do you put your money it seems to me a will the of folks because of that have started to put more and more towards gold and silver. Whats the most recent stock you bought and why this goes back to this Consumer Discretionary we bought ross stores with the concept being as the recovery gets further along, these types of Retail Stores will make a recovery once we started looking at the various options out there for us or sleks, we said that ross has a very solid profitability profile. Also valuations. We really Like Ross Stores valuation. This is a pun that we were talking earlier with tom about you have to select where youre going to put your dollars as it comes to Retail Stores they are maintaining their social license to operate. Thats an example of placement we feel good about in the retail space. Why does it have to be what it sounds to me, i know im going to be a little over the top in the way i ask this but lulu or bust cant there be other retail winners beyond lulu. It didnt mean that everybody is wearing lululemon every day, all day for the rest of their lives or the stock would be up like 8 p million percent. You really do make a great point. I agree with that. If im going to have one of my stocks that i continue to ride that trades t a pe multiple thats extremely high and they still have growth, thats the one im going to select. Im just comparing those two because the multiples are so close. Well take a quick break and come back. We have our call of the day on dex. Well debate that, next. What happens when a wireless carrier puts its customers in charge . Well, the good news gets shared. And it gets rated 1 for customer satisfaction. But dont just take our word for it. Take theirs. Its your wireless. Your rules. Only with xfinity mobile. Call, click or visit a store today. Were back lets go to sue with the headlines. Thanks very much. Here is whats happening at this hour more than 160,000 americans have died of the coronavirus. This as florida reports another 180 new deaths today the university of washington predicts the death toll could hit nearly 300,000 by december you can go to cnbc. Com to see how many lives could be saved if nearly all americans wore masks. Canada says it will impose tariffs on u. S. Aluminum products worth 2. 7 billion. The move is in retaliation to the u. S. Yesterday reimposing tariffs on canadian aluminum goo goods. In india, a plane skidded off the runway and split into two. It was trying to land in heavy monsoon rains. Some injured have been hospitalized but details on other casualties not yet available. Still a developing story there youre up to date. Scott, back to you have an update on where stimulus talk stands down in washington lets get to ylan down in washington. Reporter House Speaker nancy pelosi offering some new details of the democrats offer in these relief talks she said that democrats had offered to come down by about a trillion dollars on the overall size of the bill democrats had wanted a 3. 4 trillion bill. That would take the price tag closer to 2 trillion. The said democrats could achieve that by changing the time line for when certain benefit expired but the white house rejected that offer minority leaders, Chuck Schumer said you should have seen their faces. The rejection was vehement and blame the white house for blowing up this deal and threatening to walk away last night. Mark meadows is slated to meet with pelosi and schumer in the next hour or so. The democrats will make the same offer again of coming down by a trillion dollars well see if its enough to move the needle appreciatethat update thank you. Lets talk about fedex now that stock has surged 50 over the past three months. They rise the price target to a street high of 215. Ill begin with you because you own the stock. What we see in this 44 billion Company GlobalPackage Delivery people are working from home. They are oerding, mail in things whats going to happen as people go back to work, they will start using that system again. Also, when the virus comes out, it will have to be delivered lastly, the impact of the Postal Service and we really like expectations were seeing it had a big surprise in june and also its going forward. They are maintaining their social license to operate. What they are doing with Business Owners and for the safety of their employees and also the sustainability projects with their airline and also with the vehicles lets set up a debate because i think we have one. Pete and wiess, you both prefer u. P. S. Pete, tell me why. When you look at the last quarter, it was extraordinary. They beat in a big way they did revenue in terms of pack an growth is unbelievable they are on the small package side of things ecommerce, they are doing everything right i chose u. P. S. A while back because of the differences i think it has been more upside. Its been on a tear, scott we saw it afterearnings. The stock is moving in the right direction. I think carol told hes doing great job as ceo it was over 4 . Its still under 3 and with fedex distancing themselves from amazon, that gives u. P. S. Pricing power there. I think u. P. S. Overall is just a better call. Youre not going to go wrong owning fedex either. Degus, last word to you eps, fedex, we have a heavier weight to fedex. I think its well positioned because the International Aspect of fedex brings a lot more value to the table when you compare it to u. P. S see you again soon. Have a good weekend. You too lets start with dish the Earnings Call happening now. Were watching for any major headline pps the stock is up after a better than expected quarter. One scott thats not doing well is data dog. Thats down almost double digits close to 15 its been a big winner in the stay at home trade up more than 100 year to date some analyst think theres more room to run. Year to date up about 103 drop box also under pressure the company did benefit from increased demand amid the work from home trend with the ceo saying in the last hour he expects part of that shift to he main even when things return to normal whatever normal will be in the future uber down more than 5 on pace to snap a fiveday winning streak back to you appreciate that very much thank you. Pete, youre in uber drop box, dish yes talk to me. Yes i own called in all these of those. The dish calls make me feel pretty good today. Obviously, uber and drop box is why i would rather been in the options. Lets take a look at uber. Youre looking at a company at some point in time will start to make money they havent been able to make money yet. At some point in time i think ill be much more excited about this as they continue to evolve their business, obviously uber eat, major contributor on the Positive Side but youre still looking at a company that will have to deal with this in is up with of those stocks, i think, that would fall into that category of we find any kind of vaccine nap will vaccine. They will be a monster for uber and lyft those numbers will continue to be depressed those options will go out worthless. The beautiful thing about the Options Market is you know your risk reward going in you know exactly how much you can lose, which is what you paid im looking at thoese names and uber not doing well. Drop box not doing well. Dish having a little better day. Well take a quick break. Come back. Unusual activity on deck first, well get you a check on the s p sectors right now. S p is just moved back you tillty is the best halftime is back after this. At cdw, we get that employees working from the road are a major security concern. Cdw can assess your needs, then design and implement a secure Mobility Solution using the hp elitebook powered by intel 8th generation core processors. The hp elitebook features groundbreaking builtin security, like sure view to thwart visual hacking and cdw configures them to your companys specs. For mobile security, you need hp and it orchestration by cdw. [intel jingle] its time to answer some questions. Farmer jim, you are up first from brandon in boston, massachusetts. Im 24 years old and have 10,000 to invest. Do you recommends putting a couple thousands into a few stocks or a few hundred into a basket of stocks good question. Whats the answer. Brandon, i love that youre doing this 24 years old, 10,000. Great. Take half of it and put into spiders. I want you in the market in general to see how the market moves. Take the other 5,000 find three or four stocks that mean something to you that you want to learn how stocks individually move and you will if you invest in those stocks. Make sure they are stocks for companies that you know and like their products good stuff there. Is micron a good buy they are two completely different separate Companies Micron has been down because of memory being down. I like micron out right. I think its a cheaper stock i own it didnt sell any. Looking to buy some more if it gets lower stewart, chicago. Whats your thought on lvs las vegas sands. I bought this one thinking it would be all kinds of up sid its been flat lined since a small minor recovery since the march lows i continue to hold onto it for now. I continue to sell calls against it im disappointed in the early results. I think at some point in time it will start moving back up to the upside i like this particular area, the casinos but theres a lot of pressure still on theseguys. I think as long as youre willing to hold it for that nice break to the upside, i think its well worth it all right liz. Benjamin in massachusetts. Should we be bearish on bonds . If youre looking for bonds to produce return above equities, yeah you should be bearish but if youre looking for them to produce a correlation benefit, stay in them you can get a nice income kick and even in the high yield space theres a decent amount of default risk priced in im a little more comfortable there than three months ago. Round two, the farmer jaylen in atlanta. How do you see caterpillar stock perform nging in the near nu future theres nothing to indicate it will go up or long. You have to think about on shoring the supply chains. Steve, kevin in chicago, illinois what is steve wiess recommendation on in, sego is it a hold it sure is a hold revenues are up 66 . They are where you want to be. More than half the nfl stadiums have private network thats where its going to be and thats where they play i would buy it here for sure pete, speany comment on lett x, u. S. Steel i think theres some up side there. I prefer copper, gold and silver doi have a position in the calls. I think theres upside i dont know what sort of time frame. We havent seen a huge move yet. I think its Worth Holding onto. Liz, kurtis in new jersey, how would you leg into the market what basket of securities, etfs or other funds would you recommend . Thats a question about what my goal list is on the recovery after a vaccine. Industrial, Consumer Discretionary, health care and europe thanks, everybody petes unusual activity is coming up next in just two minutes. This is decision tech. Find a stock based on your interests or whats trending. Get realtime insights in your customized view of the market. Its smarter Trading Technology for smarter trading decisions. Fidelity. Were helping members catch up by spreading any missed usaa insurance payments over the next twelve months so they can keep more cash in your pockets for when it matters most find out more at usaa. Com for when it matters most lookentertainmentour experience xfinity x1. Its the easiest way to watch live tv and all your favorite streaming apps. Plus, x1 also includes peacock premium at no extra cost. This baby is the total package. It streams exclusive originals, the full peacock movie library, complete collections of iconic tv shows, and more. Yup, the best really did get better. Magnificent. Xfinity x1 just got even better, with peacock premium included at no additional cost. No strings attached. We are back. Welcome back among those reacting to todays job report is blackrock. Rick, welcome. Thanks. How are you . Im good. We reached out to you because of noticing your tweets here. You sound a bit tepid about sort of where we are. The report shows the pace of job gain acceleration has now slowed marketedly and its our best guest that the rapid rate of return to work will now exhibit a very deliberate pace of rebound from here. You mention some of the sectors in leisure and hospitality and entertainment and things like that give me your overall view of what we got today and what it means. Part of it was todays report was pretty good in some sectors relative to what we recently thought markets thought we would get. Particularly in some areas like restaurant, et cetera. Some of the bous back has been quicker than you would even think. One of the things you think about where were going to go from here, that pace of recovery is going to, some of this has to do with what you get in stimulus a lot depends on what we get on vaccine. If you dont get something significant, we are going to see a slow down from here in terms of that rate of recovery the rate of recovery has been pretty rapid in the last couple of months. Its one thing thats really important. You have to be really careful about your cost structure from here and a lot of businesses are realizing you can operate virtually and be successful operating virtually. Some of those workers that intended to come back or the intention to bring back maybe a bit more deliberate from here. By the way, we think the economy is in good shape the pace of employment may lag how the economy does from here then, if you have somebody like tom lee who we had at the very top of our program and im not sure if you had chance to listen to our conversation or not who makes a recommendation that now is the time to go into cyclical name, how do you parse that if you think the economy can do reasonably well but the job market is going to remain relatively stunted you need people to have jobs to have money to spend for those stocks to work and if businesses are going to be a little more skiddish in spending, am i going to want to own industrial stocks, for example. How are we supposed to think about that then . Its a great question i think its really good point whats ironic about whats happening now versus anything we ever seen before think about this job recovery will be slow we could end the year with an Unemployment Rate still around 9 , maybe a bit lower than that, and its going to be very sticky to bring it down from a year when you think about what happens, if you believe there is more stimulus that comes in, you believe there is more vaccine that comes in, you can actually have an economy thats operating pretty well where employment is longer to recover. It also means youve got a Federal Reserve who has got a dual mandate of full employment and price stability. Thats going to be certainly on hold with regard to rate, and i actually think theyre going to do more in terms of asset purchase because the treasury is going to have toi issue more frm here to fund the existing stimulus, let alone additional stimulus i actually think you can have a market including cyclicals can actually do a bit more, although muted. You look at housing and retail data and autos, theyre actually pretty good. Will it moderate a bit from here potentially. The point he makes is its just a very Strange Point in time where the jobless recovery could take a bit longer, but the economy broadly can actually perform reasonably well. Interesting so the economy can perform reasonably well, the stock market can do reasonably well, the feds going to get more engaged, which tells me that you think yields are still going to remain pretty low. I dont know if tenyear at 56 basis points is your answer, you tell me, but is that the dynamic . There is no pressure to lift rates because the fed is going to get more engaged . Thats right. Although i dont think from tth tenyear note is particularly compelling when you think about what tenyear equities are or cyclicals are, theyre so focused on the next tenyear earnings when you bring the discount rate down and you keep it down on longdurated assets, which equities are, what you do is create a potential increase in what your multiple should be and where youre more reliant on not necessarily this quarters earnings, but what are earnings going to be over the long term where treasuries are going to b two, three, fouryear hence, and theyre still pretty darn close to zero. If thats right, and you think about trying to generate return if youre a pension fund, youre an individual, the dynamics around where equity can be lifted may surprise people if that Interest Rate stays down for an extended period of time the feds cant be any more clear about how vigilant theyre going to be when referring to their mandate. Are you thinking about thinking about thinking about negative rates no. Not today. I dont think. The economy would have to get significantly worse for them to go down the negative rate path its not impossible, but i think its pretty darn low the feds articulated well that forward guidance, i. E. , we keep rates down for a long period of time until around the average rate of inflation over a longer period of time is targeted and they arent at it yet or close to it yet. And the other asset purchases, theyve got a lot of room in terms of what they can do with asset purchases. I think those two tools are the ones theyll utilize well before they consider negative Interest Rates. Rick, i so much appreciate you calling in helping us make more sense of all this thats blackhawks rick rieder my pleasure gold has been much higher as investors have turned to Precious Metals for safety lets get to jim iuorio and tim. Jim iuorio, youre up next what happens from here whats the question whats going to happen from here what i would ultimately like to see is gold trade below todays low on monday, and i think well see that the fundamental picture hasnt changed at all this is about technicals i think between 2000 and 1980 is where it goes on the down side i think it goes down to there. Ill be probably buying more at that point because the fundamental picture is too compelling jeff kilburg. Its interesting, jimmy expressed that love for gold, but what were seeing in silver, the higher beta trade, up 65 year to date weve seen most of that move on silver in the last few weeks, so i agree, gold is good, but silver kissed the Interest Rate last night ysgu, have a good weekend. Well see you on the other side. Well take a break and do final trades straight ahead on the half. This is decision tech. Find a stock based on your interests or whats trending. Get realtime insights in your customized view of the market. Its smarter Trading Technology for smarter trading decisions. Fidelity. Pete is tracking unusual options for us today pete, what do you have for us today . Im looking at snap it was trading at 27 a share, scott, and they bought 27,000 of the calls. They were going for about 50 cents. That was a really big buy that happened early in the session, so i like this one this one goes out about two weeks. Ill hold onto it. The second one is jumia. Its ecommerce out of africa. Theyre buying the august 30 calls, looking for something big. They do have earnings next week, so maybe thats a sign but they bought about 4,000 of those, very aggressive buy im at that one as well and ill probably be through with earnings in about two weeks. Liz, final trades european right now. Believe in the Global Recovery if youre putting new money to work, the valuations are attractive stimulus and a weaker dollar just firth fuurther tailwinds thank you for being with us farmer jim, its you cvs they had a good earnings report. Stock really hasnt responded. I think it will in the near term thats my final trade. Steve weiss xpo is my worst final trade of my career a week ago. I think its coming back its my go trade okay. N najarion, what do you have for us thanks for watching. The exchange with kelly starts now. Thank you, scott. Hi, everybody, on this friday. Heres whats ahead. The jobs report was better than feared after that bad adp earning. Will it take the onus away from a stimulus deal . Nancy pelosi is meeting with Steve Mnuchin any moment for more talks a big loss for the quarter and massive marketing cuts investors are sticking with booking holdings well speak with the ceo ahead trump tackles chinese tech main street says no thanks