Since the. C do thtcom bubble. And your rbi has a stock market stat that should make all you market bulls feel really good on a tuesday. Youll like this one it is tuesday, november 10th, and this is worldwide exchange. And i know youre all not fans, but why not . It is that kind of a day and they did it for me good morning, good afternoon and good evening from wherever in the world you may be watching. Im Brian Sullivan thank you for joining us on what could be another big market day after mondays wild vaccine fueled ride for most stocks, here is how things look to take off on a tuesday and dow futures are up nicely once again up 230 but not all wine and roses out there. Look at nasdaq futures, they are he lower once again as well. Well get to that in a few moments. The dow coming off more than 830 point gain for its best day since early june and nearly breaking back above 30,000 one area of the market left out of the big rally, big Tech Technology stalling late in the day and actually into the session on lower many of the stayathome stocks were thrown in the closet yesterday. Lets take a look at some of the losers facebook, amazon down 5 each. Netflix down nearly 9 and zoom down 17 . Peloton, riding your bike at home, maybe were all going back to the gym tomorrow, who he knows, down 20 . Check this out, yesterday was the First Time Since the spring of the year 2000 tdotcom bubble rose but the nasdaq fell at the same time. Random but interesting of course the focus of yesterdays surge was positive news from pfizer saying that their vaccine is more than 90 effective. And both stocks are higher again now, by on tech up nearly 8 in the premarket but it is not just those two late yesterday, eli lillys covid19 antibody treatment also receiving fda emergency authorization if use this is the same treatment that Chris Christie took when he was hospitalized with covid19 by the way, eli lilly ceo will join the squawk gang in asia, a mixed trade there finding out if the news is resonating as positive with y jumana it was supposed to be all grein but i see red. What is going on yeah, not unite dancing you can see that it is pretty mixed in asia. Worth pointing out even though the nikkei is only up a quarter of a percentage point, were back at 29 year highs. So new highs for the japanese index. No surprise. We saw some of the railway names recover quite desin sinccently well as the Airlines Airlines doing very well hang seng and hong kong up about 1. 1 the shanghai composite is actually softer on the session, so the big news wasnt given as strong a welcome that is mainly because it is reacting to some weaker data they had weaker cpi data, an 11 year low, also weak factory prices but lets turn to european markets. Yesterday we had a very strong session and it belies in of the movement we had yesterday. Cac up 7 in yesterdays trading. The stoxx 600 up 4 . Back to levels not seen since the beginning of the pandemic. So were seeing more green on the board today. Perhaps with less momentum than yesterday, but some of the sectors that are doing well as we saw yesterday, we have basic resources, some cyclicals, banking names, really anything with export driven focus is doing well banks right up at the top. But similar to the u. S. , tech stocks are on the back foot. All right jumana, great to see you again take care. And not just vaccine hope fueling investors. According to jpmorgan, it is a confluence of events in a note to clients yesterday, the bank wrote the equity market is facing one of the best backdrops for sustained gains in years. After a prolonged period of elevated risk, the outlook is significantly clearing up, especially with news of a highly effective covid vaccine. We also view a confirmed Biden Victory with legislative gridlock is goldie lox outcomes f going to see if they agree, joining us isto see if they agree, joining us is john and also liz. Liz, ill ask you, do you feel that it is market nirvana right now . I think over the long term, yes, it is market nirvana. In the short term, well have to go through a new equilibrium finding phase. Yesterday was a great day. Loved seeing the cyclicals and values back up you, but i dont think that well see day after day of a 800 point gains in the dow. I do think that the nasdaq got a little more punished than it should have but this is just trying to find the new normal. And a lot of the stocks are priced for the stayathome thing to be a forever thing and that is not the case we still do have to get through you a couple tough months through the ended of the year. But as we start 2021, election behind us, vaccine progress, a lot to look forward to and the question weve been asking, given the size and weight of big tech, if they dont go up, can the rest of the market go up yesterday it did do you think longer term because apple, amazon, microsoft, they are down again premarket if they dont go up, can the rest of the market do well i think that it is a question of magnitude more than direction. So can the rest of the market go up yes. Can it go up as much as it has in thes last six months . Possibili probably not so it is a matter of size more than really the trend. That being said, there is still plenty of cash on the sidelines. People were so scared earlier in the year, still plenty of money in bonds i think some of that money will start to get redeployed into equity markets, maybe after europe comes back out of shutdown and so the answer is h yes, but not at the same clip. I dont know, i dont know if it smelled like team spirit, but it smelled like market do you think that weve really got sort of the perfect scenario right now . I dont, sully. I think that we have plenty of challenges ahead between now and january 5th. January 5th is key i think the market wants to see the republicans control of the senate, checks and balances are important. And consider earnings are off year over year, last i looked in q3 earnings season, down around 8 1 2 great Economic Data last week. Ism manufacturing numbers. So it is a push and shove kind of situation but we think very positive for equities and yesterday, it was a big celebration over that vaccine news and we expect that will help but it will be tempered somewhat it is the old im from missouri show me begins to develop as we get closer to a launch of a vaccine. And i dont know if you caught this, why want to put you on the spot politically, but it does matter for the markets. A lot of notes over the weekend said we have the biden win but the senate is still unclear, is there still a chance for the tax package. And yesterday on fox, in the evening, joe manchin democratic senator from west west basically said im going to vote republican with the senate he didnt say it like that, end im not going to vote for any of the far left agendas, effectively rendering the georgia runoffs a little less of a risk how do you read that yeah, i think that is a very positive thing i mean, the big concern that was reflected in the vote, in the democratic vote this year, the difference in terms of voting president ial versu elections around the country, the concern that the Democratic Party has within it, the progressives and the last thing i think centrist democrats want to see is a pivot to the left. We think as capitalists it would be bad for jobs, it would be bad for companies, it would be bad for tax payers it would be bad for our society in general that is not a political commentary effectively ideological. Yeah, from a market perspective in terms of sort of changing tax code in a meaningful way that might impact our audience liz, again, it wasnt all wine and roses as i said yesterday and im sure you are not putting all your clients money into Hawaiian Airlines which rose 50 yesterday, but what happened with some of the consumer names . They dnid not participate do we know why that is one of the things that henlded up being a head scratcher for me and ill add strength in the dollar and a spike in the vix. So i think broadly retailers should have been more optimistic on this news and they got left behind ill watch that probably for the rest of the week, maybe the rest of the month and just make sure that retailers are coming back. It could have been that some of them got hurt by the fact that Online Retail is expected to pull back in the sense that we all go back out and were shopping on our feet instead of online but broadly i think retailing should have been a little strong he than it was and i wrote this out last night, the g. O. A. T. Trade. Get out and travel i built an index Carnival Cruise lines up 39 or 40 40, is that just a forbone day wonder i think that they will find a new range, but lets be real, were not actually getting back on planes yet anytime soon and it wont be until march or april when people are actually vaccinated the other thing about travel stocks being i think the leisure traveler comes back sooner people are ready to go on vacation but the leisure traveler is price sensitive. So those companies arent making as big of a margin it is the Business Traveler where they start to make hay so slower road back to normal, but definitely i think a new higher range for a lot of these stocks yeah, was like if you want to go somewhere next year, book your ticket now because there will be a huge burst in demand so where are you and your team seeing value in the market right now, how can we make money we think that the industrials sector as well as the materials sector, as well as the Financial Sector actually look like good places to be part of your diversification. Still want to own tech, consumer discreti discreti discretionary, shopping persons that make a heck of a lot of sense. But sectors that have been essentially ignored to a large degree over the last few years including industrials and financials look particularly attractive here with the possibility that well be sooner than expected moving in to an economic recovery. And then a sustainable expansion. The roaring 21st or 22s or 23s. A real pleasure to have you both on thank you very much. And we are just getting started. And when we come back, not all great news, how a bad day for beyond meat got even worse after the close. Beyond meat shares down 19 . Well tell you why plus the great energy m m wave rolling on, two names with a potential 15 billion deal and travel ceos weighing in on reopening hopes. Our Retirement Plan with voya gives us confidence. They help us with achievable steps along the way. So we can spend a bit today, knowing were prepared for tomorrow. Wow dad, do you think you overdid it maybe . I dont think so. What do you think, peanut . Nope. Honey, do you think we overdid it . Overdid what . See . We dont think so, son. Technically, grandparents cant overdo it. Its impossible. Well planned, well invested, well protected. Voya. Be confident to and through retirement. Its time you make the rules. So join the 2 Million People who have switched to xfinity mobile. You can choose from the latest phones or bring your own device and choose the amount of data thats right for you to save even more. And youll get 5g at no extra cost. All on the most reliable network. So choose a data option thats right for you. Get 5g included and save up to 400 dollars a year on the network rated 1 in customer satisfaction. Its your wireless. Your rules. Only with xfinity mobile. Maybe the freezer that you have in the garage might be full, and plenty of parking at the maum and why both of those things may be bad things for investors, are a held sole mondrahel solomon w more yeah, shares of beyond meat plunging after the Company Reported a Third Quarter loss that was hit by a drop in restaurant sales also not helping things, the freezer stockpiling trend that drove consumer demand earlier this year, that has largely subsided and not giving guidance for the year but the will be on mad money tonight. And roeuters reporting that evergy as inadequate they south takeover bids earlier this year under pressure from Elliott Management and Simon Property groups missed forecasts as they continue to feeling the impact of the covid19 pandemic the company says that it is seeing increases in shopper traffic, retail sales and rent collections, down about 3. 5 in premarket and watching shares of amazon, the Financial Times reporting that the European Commission as soon as today could lay out its formal antitrust charges against the company. Charges are likely to he focus on how amazon uses data about Third Party Merchants while also selling its own goods. Shares down a little less than 1 premarket. And so you dont have to answer this honestly, okay are you ready . I know youre a vegetarian do you like some of these fake Meat Products . Yes or no . I love beyond meat. You dont have to you do i love all of them to be fair and the people in the calf tear year here can attest it that because i get a beyond meat burger every single day. Youre the one. Rahel solomon, thank you very much coming up, much more on the new yous that just might have changed the world. Pfizers vaccine news, eli lillys treatment news, and what some investors are saying about where to put money now. There is new hope for one sector beaten the most, travel, lodging, leisure and ceos making comments to cnbc in the wake of that news trip adviser says that as soon as the vaccine was widely available, a welcome step in the right direction. Carnival cruise, this is a very positive development for the world and our company as well as the cruise industry. But Bookings Holdings says it is not all clear just yet and joining us now is Raymond James managing director bill crow appreciate you coming on kind of on late notice your sector, some of your stocks up 12 , 13 , 15 yesterday do you think those kinds of gains, not sustainable on a daily basis, but does that refleblgts tr reflect the change in their outlook . Yeah, brian, good morning i think there is no doubt that what we were waiting on was this announcement of a vaccine. It is a game changer it is take time to phase in of course we have two or three really tough quarters coming up with little fundamental change. Should we get another package from the xwoichlt, that wougove helpful. We find ourselves in a difficult time with Hotels Closing and bankruptcies losing among private owners so we could use a bridge to get from here to say the third or Fourth Quarter of next year. No document this is a Game Changing moment for the industry i will say this, i was just out on the road the last couple weeks, and i was a little surprised at the level of activity i noticed at some of the hotel that the we stayed in. Of course a lot of cars with out of state licenses, people driving not flying how is core demand right now not looking at the vaccine, but right now, have anybody except for us ding dongs going out for the election, are we the only one out there . Leisure demand has strstayed good through labor day you look at the transient demand, those of us this business go out for one or two nights very, very little raffle travel from that segment. You look at group, that is 60 to 70 of business in the Hotel Industry and there is no Group Business it has been canceled not just this year, but march, april next year, you are still seeing cancellations. Book of business out there for the second half of next year should we get this vaccine out and distributed, confidence levels go up, looks pretty good. 2022 looks really good so its just a matter of getting the confidence up from what should be a return to normal the next couple years. Do you think that they will have lets start with hotels, have pricing airlines have shelved half their planes. So demand comes back, they can charge more for the seats. They wont roll the planes all just back into business at once. Hotels though just sitting there kind of empty, will Hotel Capacity be where it was or where they actually have Pricing Power when demand begins to return yeah, there nwont be Pricing Power for a while. You look at okay pansity, you a, you are seeing some cost cutting actions by the Management Companies and that is sure to allow ebitda levels to getto prepandemic levels. So there are some offsets there. And number your favorites. We like hilton, they continue to have an oversized presence. And they dont have the franchise or ownership, so it is a feedriven area. But the booking window is so long that you have great confidence in what lies ahead toward the end of next year and into 2022. So they dont have to rebuild that base of business and many of those contracts were locked in at higher prices. All right good recommendations and reality check for the industry bill crow, appreciate it thank you very much. And still on deck, what investors like you are saying about stocks as we head into the final stretches of 2020. Is there still room to run or take profits and run away . Dow futures have come well off their high, up 64. Nasdaq futures are in the red. You can go your own way its time you make the rules. So join the 2 Million People who have switched to xfinity mobile. You can choose from the latest phones or bring your own device and choose the amount of data thats right for you to save even more. And youll get 5g at no extra cost. All on the most reliable network. So choose a data option thats right for you. Get 5g included and save up to 400 dollars a year on the network rated 1 in customer satisfaction. Its your wireless. Your rules. Only with xfinity mobile. It is looking like a week to remember for stocks as dow futures are hire once again after mondays 800 point surge and well introduce you to the best of the best, what were calling the xwoet oig stog. O. A. And as we get closer to a vaccine, what will it take to do contribu distribute it . And the morning rbi, a little bull market history to make yyo smarter to start your day. It is worldwide exchange. Good morning, im Brian Sullivan thanks for being with us could today be another big day for many stocks . Dow futures are higher, up about 100 right now. And nasdaq futures, they are in the red. That is one to watch the dow coming off more than 830 point gain, its best day since early june all the major indexes are coming off fresh record highs that were hit earlier in yesterdays session. But as we noted, you got to watch Big Technology because it did not play in yesterdays big rally. And names like amazon, apple and microsoft fell yesterday and they are also down premarket today. Monday was historic in many ways and not just because we have a great shot at a real vaccine which i think that we can agree we can be happy about, but also because stocks not only surged, but they diverged. Domestic nontechnology stocks which had underperformed for a long time, they surged the dow up more than 800, nearly crossed above 30,000 but small caps were the star the small cap 600 index up nearly 4 or 5 really but big tech, a big disappointment the nasdaq actually closing lower. Amazon and facebook down 5 , apple down 2 , all down again premarket and here is a rather incredible rbi from our friend and cnbc market guru robert hump. Monday was the first day in 20 years, you have to go back to spring of 2000, that the dow rose 3 . But the nasdaq fell on the same day about of the biggest bust from the socalled work from home oig stocks got bludgeoned, zoom down 17 , docusign off 15 and pelton down 20 . But lets check it out, the g. O. A. T. Stocks. Not greatest of time, but get out and travel li like that . These were yesterdays moves these are not likage or monthly gains. All the airlines much higher, the xal etf up 19 its best day since march if you owned them before yesterday, congrats. Now to the latest on the 2020 election u. S. Attorney general william barr has told federal prosecutors to begin investigating any, quote, substantial allegations of voting fraud barrs directive comes amid President Trumps continued claims of fraud despite failing to produce any evidence whatsoever at anytime. In the meantime, President Trump bidens Team Reportedly weighing legal action over an apparent delay by the federal agency tasks with handling the transition of power. The biden team says the trump appointed head of the General Services administration is yet to sign off on a key document recognizing the president elects win and beginning the transition of power. Now back to the markets and your money. And even amid the legal wranglings over the election, investors have optimistic over president elect biden. S p 500 was one of the best postelection performances in 90 years. For more now on the market and what investors are searching for, were joined by caleb silver good to see you again. You guys track real world responses. The election at least according to most is in the books. What are your readers searching for now, what are they interested in . They are very optimistic bunch. And most think that the market will go higher in the next 12 months 10 to 25 , and weve been surveying them, they are bullish now. They had been worried about it as an overhang now that most of that is resolved, they are very bullish on the next 12 months thinking that well see returns between 10 and 25 . Many are not committing new capital. They are amazed at the rebound, so not committing new capital to the market, but they are curious about a lot of things going on in the market as soon as it looked like biden might overtake trump in some of the states, the search for bitcoin and marijuana went through the roof. So very engaged and optimistic about the future, but not ready to commit new capital. So i guess you could say they are not willing to put their money with their mouse is. See what i did there yes so they are ready to look, bullpen n but not ready to commit. What do you make of that i think that they have seen the topsyturvy market of 2020 to put it lightly, they ever seen some gains come blacack, bt the older investors have been pulling back a little bit all year and hiding out in dividends paying stocks and cash younger vest informations a sin after Airline Stocks and now cannabis, green energy, thinking that there might have been a blue wave or at least money from the Biden Adminisatration going to those areas so they have been aggressive there. At the same time, they are still worried that things are a little heavy in the nasdaq and that unusual sellingoff with the market going up, with the big tech stocks falling for the first time in quite a while. Well, somebody is committed because bitcoin has been red hot, up 45 , 50 in a month. Stand druckenmiller likes bitcoin. So i sai sounds like yourkru viewers age absolutely. And our readers still think that stocks will outperform bitcoin this year and outperform gold. So they will stick with the horses they rode in on but they are witnebit down oi bitcoin. Of course we had the noise out of Central Banks talking about digital moneyed a donk ed adoptn but they are very interested, as soon as the election started turning, the searches that they started looking into on our site, top terms made us scratch our heads a few times. But when you look deeper, they are looking at marijuana, looking to find opportunities in some of the sectors that have been asleep and are starting to wake un. But they are also very interested in what could potentially happen in a Biden Adminisatration. We had a lot of searches for socialism, what is marxism, people interested in Capital Gains and what will happen to their money. You got to love it, you talk about sectors that havent woken up in a while and people poking around in marxism, that is a sector that has not woken up in a while. Hey, it is 2020, it is america, people can dough do what they wt its been a year thanks and coming up, more stocks that you need to watch including boeing and Southwest Airlines on the rise of good news around the 737 max. There is good news everywhere. But as we head to break, a few other pieces of news this morning, not all good, brazil has suspended the final stag trials of corona vac after a serious adverse reaction to the drug last month. And many in china are already receiving that vaccine walt disney says that it will furlough more workers at its disneyland park, and that will include executive salaried and hourly workers, this is on top of the 28,000 employees laid off in september mostly across the american theme parks and shares of hd supply soaring as much as 20 following reports that lowes may be in talks to buy the company but then lowes dumping a big bucket of water on that, be releasing a statement saying it was not in talks and no plans for a deal. What if you could have the perspective to see more . At morgan stanley, a global collective of thought leaders offers investors a broader view. We see companies protecting the bottom line by putting people first. We see a bright future, still hungry for the ingenuity of those ready for the next challenge. Today, we are translating decades of experience into strategies for the road ahead. We are morgan stanley. And the 737 max is inching closer to getting approval for its flight plan. And so some of the stock stories to watch rahel is back with more. Yes, kn nikola says that taln a propose the partnership with General Motors are continuing and shares up more than 3. 5 the faa is reportedly in the final stages of reviewing changes to the boeing max. The process could be completed in the coming days, sources say the faa is set to lift the grounding order on the max as soon as next week. Shares of boeing up about 3. 3 and Southwest Airlines is in talks with boeing to buy more 737 max planes, the airline looking at socalled white tails or aircraft built but never delivered. And Occidental Petroleum had it fourth straight quarter in the red, and production did rise 11 , but the price occidental received dropped by 31 . Shares down about half a percent. Oil prices about to collapse when the pandemic was going to hit, probably not the best result all right. On deck, it is your morning rbi, the most random but interesting thing that you will hear all day and why the s ps recent rally may just be the beginning for markets. Plus Courtney Gibson is here and lays out whether there are still opportunities even after yesterdays big jump the perfect day to toe cuss more on the big news out of monday and while we in this business tend to overuse terms like big news, this arguably is not one of those times pfizer and Germanys Biontech out extremely positive results of a vaccine trial shares of both companies understandably rose yesterday and they are up against this morning. We also had good news on the treatment front as well. Eli lilly getting fda emergency use authorization last night for its Monoclonal Antibody treatment. For more on this, head of health care and research and senior biotech analyst at Cantor Fitzgera fitzgerald thank you so joining us. You have regeneron and gilead on your list, those are names that have been in the mix certainly with remdesivir and others are there other names that you expect some positive news out of in the coming weeks and months well, i think that there are still other large phrma companies waiting for vaccine data that were all kind of aware of so were looking for more vaccine data, but on the treatment side, i mean a lot of companies have antibody treatment approaches but it really is rejen rob and gilead who are in the lead and gilead has emergency use authorization. And i i feel positive that regeneron will also get emergency use authorization. Dryeah remdesivir basically approved, sales exceeding expectations does the news out yesterday from lillys treatment and the potential of a vaccine change your outlook on gilead or regeneron at all i guess the concept is if we have a vaccine fully out in a year or two, you wont get it so you wont need to be treated for it yeah, i mean both companies have overweights on. Fundamentally the story is much more and always has been than covid19 it is kind of a cherry on top for both stories that no one would have expected. I do think covid will remain a challenge for all of us for a while going forward, so you will need fortunately if you get this, this would be more appropriate because you wouldnt need a vaccine so i think that the treatments will remain relevant especially as you see the cases rising and the winter could be particularly challenging. And because the pandemic has really eatenle world and eaten our attention, understandably, are we overlooking other noncovid related opportunities in other stocks, names like amgen or everybody is focused so much on covid, there is still a lot of other bad stuff out there that will be with us for a while. You look at a company like virtex who has a drug for Cystic Fibrosis and also developing a pipeline and the stock has kind of pulled back based on the first phase one, but they have backup assets behind it. They have other programs in their pipeline so we like that company because we think that right now the stock prices in most of their business and they are one of the worlds most innovative companies. So they really dont get a lot of credit for the future and you have to remember, there is other bad stuff out there that will be with us a long time and companies are working hard to solve those companies as well. A pleasure to have you on worldwide exchange. Thank you. Perfect day to bring back the rbi, most random but interesting thing you will hear you all day and this may make you feel really good it comes from sun trust. The s p 500 up more than 10 in just six trading sessions. We note that because suntrust notes that has only happened 12 other times going all the way back to world war 2. And with all of those days happening in just the last 50 years. And historically that says very good things about stocks one year out suntrust sews that of the 12 times, the s p rose 10 in six days there has only been one time when the s p was lower within year later, the tech bubble of 2000 other times an average gain 12 months out of 20 . In other words, a lot of numbers there and it is early, unless you think that there is a tech bubblelike crash coming, history says given the gains the last couple of days, stocks should be higher in a year on average 20 higher random but interesting and hopefully also profitable. All right. Lets get more now on the markets and your money and where there still may be some opportunity. Courtney gibson, president of loop capital, and no doubt someone who is not just buying into all that historical stuff, but i think that. Dick a cool stat, that maybe it is a wind in the sails of the markets, but those were not during pandemics what is your take . Hey, sully. Good to see you. I like the good new, i like the optimism and i like what suntrust put out because they are putting the numbers behind this. Everyone is talking about this kind of euphoric craze and that our valuations skyrocketing because were paying it forward, et cetera, either either i honestly do agree with suntru suntrusts data. I cant really argue with it past results arent a prediction of the future, but it is nice to be able to look at it and i think that it is right so i dont care what kind of sector you are looking at, there are names out there that you can put into your portfolio that should do better we have comeincredible stock pickers market and yesterdays ral was i think a good leadin to that if you will and who are some of those names, courtney . I think it is depend end on your risk tolerance, et cetera a couple names that i thought were kind of overdone yesterday that im looking at right now, it is funny, i just picked up my phone here, you have names like toll that was down 6 , 7 because i guess suddenly people think that people wont be buying houses going forward. Interest rates are at historic lows that is a tremendous opportunity to be able to pick up this name that has been knocking out earnings and i think has moved forward, the fed says that well have low rates through the end of 2023, you have tons of cash and people still are going to want more space in this new environment. Were not going back to the ways of old people have gotten a taste of what it feels like to work from home and companies are adapting and adjusting and we dont know how long it will be before we have a widespread availability of a vaccine, we dont know how long it will be before which i am excited about lilly by the way and the treatment probably more so than the vaccine so there are a lot of opportunities across a myriad of names that sold off that shouldnt have hedge funders and robinhooders acted like the vaccine would be out tomorrow. Carnival cruise, up 39 . A lot of Short Covering in there too im sure but go back to some of the other names. Amazon didnt participate, apple didnt participate, they are down again this morning. Big tech kind of getting left out. How come i dont think big tech is being left out, i think people are looking at where can i guess those 50 , 60 returns versus the good old faithful names. And i think that the apples, netflixs, amazons, those are names that should remain in your portfolio. Those are names that are have changed the way we live and those are names that will continue to grow i mean, i think there was news out this morning where apple again, they continue to innovate they said that they will put their own shifts into max. They are not going anywhere. Netflix, ubers of the world, again, names that have changed the way we think and live, and, you know, they will see returns, they may not be triple digit returns like were seeing in this market right now, but they are names that the risk tolerance, if the risk tolerance is low and you like and believe in tech, that you still want to keen in your portfolio. Well said, some good names there. Everybody will be watching the markets today. Court any, always a pleasure to have you on. Thank you, have a gatgreat day. And that does it for us. Goes by like that squawk and the gang picking you up the coverage xtne you can go your own way its time you make the rules. So join the 2 Million People who have switched to xfinity mobile. You can choose from the latest phones or bring your own device and choose the amount of data thats right for you to save even more. And youll get 5g at no extra cost. All on the most reliable network. So choose a data option thats right for you. Get 5g included and save up to 400 dollars a year on the network rated 1 in customer satisfaction. Its your wireless. Your rules. Only with xfinity mobile. Dow up you struggling i would say with the other averages, but looking to add to yesterdays 800 point rally. Nasdaq meanwhile set to continue its pullback well show you what is moving. Trouble in youueurope for amazon details ahead. And a rough morning for beyond meat, that stock falling 18 , well tell you why it is tuesday, november 10, 2020 squawk box begins right now. Good morning. Im becky quick along with joe kernen and andrew ross sorkin. And the u. S. Equity futures are higher for the dow for now we saw the dow up by about 200 points earlier this morning, right now up by just 74 points and there is big pressure coming on the nasdaq, it is down by 260 points jo