Territory, albeit slightly steve weiss, virus cases are exploding, 145,000, hospitalization new record, stayathome stocks are up, reopen stocks are down im wondering in the Bigger Picture but bringing it down to the sort of ground floor level, you just bought Delta Airlines the other day. We just talked about it. And im wondering if now youre reassessing that kind of move and whether other people should, too. Well, deltawas a position position and my portfolio is not very well balanced, its all in growth so i took a shot im not going to buy anymore here these airlines and Brad Gerstner pointed it out, theyre going to be diluted on an ongoing basis this year, next year as they seek to replace their bonds, their debt, with equity. Cramer this morning was right and ignore these covid cases at your own peril next couple of months, probably next three months are going to be very rocky from an economic standpoint as theres no appetite on the part of this administration to take any kind of stand on controlling covid, as we recently heard on a stimulus package i think youre seeing this unwind and some of the stock will be very selective but the economically sensitive stocks are in my view not place to be you will get it much cheaper and unfortunately that includes delta. I cant imagine people buying with 49 states seeing cases a the a level they saw when this thing first started. But thats not, jenny, the narrative that was earlier in the week it was virus news is great news so its time to load up on the reopen stocks. I just wonder if we need to dial that back, take a look at where rates are, rates are coming down as rates come down, its going to be awfully hard to get people to buy value stocks as covid cases continue to soar well, i disagree about it being hard to get people to buy value stocks i think this all depends on your time frame when steve just said at your own peril, i think at your own peril depends on your time frame and if you have a long enough time frame and i dont mean crazy, i mean out 12 months, you can buy these stocks and you should buy these stocks as we look forward, six, nine, 12 months out, things are going to be significantly better and thats what the market does. It prices in whats out six, nine, 12 months. I think convincing people to buy the value stocks isnt really that hard. Again, i hate calling them value stocks i like thinking of them as more of the havenot stocks marriott has been whacked throughout tlout aall this but 12 months from now, business should be fine there are no longterm impacts in fact, probably its quite positive if you have a long enough time horizon, its fine i think the reason we had such a positive response on monday and tuesday was because it was such a relief just to know were not looking into an endless abyss. When cases spiked earlier in the year in april im sorry, in march and april and then in july, it was like an abyss and right now were looking into a dark, bleak period but there is a finite end coming to our misery and lockdowns and that have veis very emotionally comforting. I agree with what you said that the light at the end of the tunnel finally seems as though its there still have a ways to go and still have to get through the pain of the next several months, whats in front of us. Josh, is it really, as jenny says, a time frame debate at this point or does the investor need to focus more on the here and now in is where i see the battle its either youre looking to the point of the vaccine and beyond or youre focused on the here and now and the potential economic pain and virus pain that lies straight head. Im going to agree with jenny from the block chain i think shes saying something that we probably dont talk about enough, time frames. You know, i dont think here clients are like, jenny, how much money are we going to make in the month of november if they are, then she should fire them, theyre not good clients. She cant really help them they have a problem that transcends her ability but her clients are probably not saying that to her does she have to be on the right side of the momentum trade in the market on a daily, weekly basis . Not really i hear you forgive me for one second specific they cou they could also be saying, jenny, i dont want to lose a lot of money in november, december and january all right, i got you. I got you. It may not be lets make all this money, lets not lose this money. That is an Asset Allocation question right the question is how much equities makes sense for me because it really doesnt matter if youre value growth could you loss 20 in any stock any day. Thats how much stocks, how much bonds, how much cash thats a different conversation. I want to throw up a couple of charts here. I dont know if we have these ready. I asked for these because i think we have to stop with this in and out of the work from home stocks or in and out of the epicenter stocks i recall a period of time in 2011 where were playing this on versus off game, meaning risk on, risk off we would say on tuesday its a risk on day, wednesday its a risk day by the end of the year it got so goofy, dennis created onn and onf. They were etns, worse than etfs. They were bets on commodities and 150 so they were using leverage and, like, if you thought today was a risk off day, you would buy off i dont need to tell you how it ended, 2014 three years later they were liquidated because they were nonsense but that kind of way of looking at the market always ends up being nonsense so heres what im going to tell you. Nobody knows the night before if todays going to be a vaccine stock day or a workfromhome stock day. You cant know ignore it. Dont play the game. These stocks are not all created equal. Zoom had a 30 correction and its still above its 200dmoving day average. Peloton, same story. Huge correction. Now its bouncing. Never came close to kissing that 200day moving average crowd strike, which i own, still in an up trend now teletheir oc telehealth and edoc, that i look terrible. So were separating work from home versus rue growtrue growth work stories if you believe jennys scenario and certainly shes entitled to it, you buy marriott, you buy cruises, you buy airlines, you buy banks and all of those stocks that are going to work on the other side of covid because, as she said, her time frame is more looking a year from now, nine to 12 months than nine to 12 minutes. So im just wondering what the average joe is supposed to do looking at the market and thinking about the end of covid or the other side of the vaccine but realizing that youve got a potentially long and treacherous bridge to get there. Yeah. Well, scott, lets put investors on a bellshape curve. We do a lot of what we do of course based on bellshaped curves the middle of the curve is the c students, thats the high peak on that curve. 68 of oaf kurccurrences should there. Those are investors with a much longer time frame. You put it to the right or left, you get into the quick terrorism traders and the 8 Million People trading through robinhood and online brokers, this is where they are theyre muff shorter time frals. The frames. These are people who are trad g trading, not investing, people who are trying to calf tch or a least ride that wave knowing that, what would i say to the investor, as you said that, is worried about that ridge or that ledge, you know, we got to get over that ledge. Id listen to what jenny said as far as if i can pick up some of those epicenter stocks, tom lee calls them, if i could pick up some of those stocks on the lower end of their bound and many of them are there again, delta is there again, American Airlines is there again. Marriott is not. Marriott is on the upper end of this bound it been on lately its had more of a recovery than thoser guys have i would say of that group, scott, if youre picking up those airlines on the cheap cheap, cruise lines, if you can pick them up on the cheap cheap, they be do that on the sixmonth time horizon i would say put some bands on those graphs and look at which are at the lower band and which are at the upper in the case of marriott, i think its a great stock but whether it 115 a share or wherever it is right now, its a lot higher than any of those airlines right now and so id say id be more of a buyer for a sixmonth out time frame of than i would of at least marriott. Want to respond to jeanne and josh erika my time frame and portfolio is at least a year and possibly a lot longer. Lets keep in mind caterpillar had declining earnings before co yet the stock has doubled from the lows and up from about precovid high of 140 to where it is now, which is ridiculous theyre more overvalued in my mind than a lot of the technical stocks, technology stocks, growth stocks. And stayathome stocks, yeah, when the market gives you opportunity, you take it i sold peloton at 130. Dont be delusional and think peloton is growing in perpetuity it not so josh is look at the techni l technicals, both wok sometimes, both dont work. Lets not say go below the 200 day average go ahead. Steve, the fact of the matter is that what became covid stocks, so to speak, are going to be the rest of our lifestyle stocks people are not all of a sudden going to stop, josh, buying pelotons in fact, maybe theyve introduced their product to a lot more people. Yeah, i dont really disagree with steve im referencing 200day moving average just purely as a way of showing that some of these stocks that are in that group are still in up trends and some arent im not saying its the right Risk Management method its a way of gauging is the stock going up or done oun a reasonable time frame. It no longer going up. Sorry, josh i agree with thatjosh made brilliant calls in go which i still havent bought and i wish i did. But their market is preelium 100 . Youre 100 right. The market of course is giving a premium to a lot of those names. And for good reason. Jenny, go ahead. Right and i think are times for fundamental analysis and times for Technical Analysis thats what this conversation is basically hitting at right now so josh is looking at it from a technical perspective, steve and i more from a fundamental. Zoom is super interesting to use as the poster child right now. We have phenomenal business. We all love zoom at the same time, the preelium valuation is irrational. Lets look at the actual numbers on zoom. Consensus for two years from now says theyre going to ended 3. 25 a share. That shows a ton of Earnings Growth between now and then. Say consensus is wrong and they earn 4 a share. Lets take that and give them double apples that represents a 43 decline from where its trading now. This is really the heart of where were standing right now, which is the stories and the coreasonable doubt now well see which wins out i think i skew towards it being environment environmental. Jenny, it wont be a battle if youre right and this company has no chance of living up to that fundamental expectations, the momentum traders in the stock will get stopped out of it theyre not going to ride it down 200 points. Its not what they do. If theyre using technical calls, theyre basically saying here is my Risk Management in case jennys righttheyre not going to disagree with you do you think the theyre what the pricetosay then who issing if to lose, josh the longs dont care. But, josh, who is going to lose the money who and have that stocks drift down and irrational valuation takes hold if you own a stock from 100 to 500 and youre using a tenmonth weekly closing as your management and if you dont get him and then one day you get hit because the company miss so i think thement at that pee whos have in the its people looking for both fundamental momentum as well as good charts. Those people dont fall in love with the zoom story. Theyre in love with the stock because the stock thats not unrequited love right now. Theyre not going to ride it to zero so what are you, 122 billion market cap for zoom. Youve got a note today from bernstein that talks about revenue potential of 25 to 40 billion and a 300 billion market cap it sort of goes to my point a litt little. Its a household word. Hang on, hang on, jenny, ill get back to you. This is from the note, just quoting herewe are former in in the ka its already staekd Network Effects and provide superior reliability quality l jenny their eshings would need to grow like 100 for several years on end and i think that this is where theres been a problem this year the difference between the magnitude of growth and the sustainability of that growth, right, and bernsteins right, its a great platform. But im not sure what their earnings estimate is to get there and it probably not realistic and i dont know what multiple theyre assigning but i think that at some point 188 times multiples are not realistic to be using. Josh. You know, i think the what if i told you let josh go first then weiss. What if i told you the shareholder arent concerned with what they earn over the next four or even eight quarters and are focused on other metrics that are a better guide to how profitable the company could be should it reach its full potential and join the ranks of the salesforces, the goog ls, the companies that are now indispensable, irrelaysable technology juggernauts what i if told you thats what the growth Fund Managers moe have the money in vested in zoom still all this time are actually thissing about would you wear less about the earnings multiple on 2021 or 2022 numbers . No, ill always care about the multiple would you agree it will matter less . I asked the question long. I think that if the growth is to the sky you know, to the moon and beyond, it deserves a higher multiple. But i dont know what that is. And i did live through, you know, everyone thinks ive always been a stodgy dividend investor i actually own these kind of companies. I made a ton of money from 97 and 01 and it all fell apart because they thought an infinite multiple was sustainable and they werent i dont think when i say fall apart, i dont mean go to zero i just mean come from 188 times to googles multiple of 33 times or 76 times. And that shows either a long sustained plateau in these stocks or a decrease in the share price. The fact is woor talking specifically about zoom but the conversation applies to so many different stocks that were in the cramer covid index or the stayathome names that youre going to have to figure out the answer to this debate as an investor to know whether, you know, all of these things are going to work on the other side of co vid. Just a very, very collect few will continue to work. Now josh said, now theyre household names. I know there are other products. You dont say, with all dew respect, you dont say im going to Microsoft Team somebody you say lets zoom its just the way it is, regardless of how good the other products are the greatest debate because the vaccine is at the end of the tunnel and we can finally see the glamor or do you take the profits knowing that some of these may not be once looked like like they could be. Well, if you listen to how josh described zoom, which is perfectly, you could have stubs they care about the mode theyre destructing around and they care about the execution. Thats all they care about right now with zoom and some of the others unfortunately, of the names that were meed now, microsoft is able to take tales and esay if you want the most theres not a high cost of swifing over from one to the other. The way i look at stocks for our hour, though, at bet if they slip just more that be one time they allegedly willand i dont know if well talk about this late or the vt we will. Covid is coming to an end at some point and i dont think it makes any sense. The ones who are going to lose money because the robin had did Steve Liesman has breaking news for us the fed chair jay powell is speaking steve . Yeah, scott, thanks very much fed chair jay powell making his first comments since the news on the vaccine came out but he does say the economy will have a challenging next few months the recovery, he says, was stronger than expected, but, however, its been uneven. And then talking about the resurgence of the virus. He says it is the main risk to the recovery it i dont know how this fits into the calculus there or the whole trade on the desk there. You have two conflicting, virus and the vaccine. Ewhy, the vaccine is great news it going to have a tremendously positive impact, but you got to get across the bridge. And jay powell knows, as well as most of the rest of us, that that bridge is dangerous, right . Its dangerous you got to get from one side to the other, steve theres a palpable concern, scott. Europe absolutely right about the next few months. These are numbers we havent seen you could easily describe the chart as parabolic its a phrase youd rather associate with a stock price rising, instead were associate associating it with the number of deaths out there thats a huge challenge. If it doesnt come from government lockdown, it could come from the voluntary avoidance of consumers 0 rises in inflation. That tells you of an economy performing bow low its potential with a very lashlg output guide right now that has to be there is a bright light but theres a deep and dark tunnel before you get to the light how do you think jay powell is thinking about the vaccine or how the fed could take away some of the tonic earlier because the vaccine is going to be good basis on the efficacy in these trials that weve already seen and the fact that more are coming along the line that the experts say should be similar. Does that change the feds calculus he hasnt answered that i asked noncommittal i would think for the fed this would be a highclass i dont see him in any hurry to declare the virus cleared because of the existence of the vaccine i think its an excellent question, i think its one the ned p fed has thought about but i think theyre a long way of acting, removing any stum lus. Particularly when you think about how much the economy is per fortunatelying that i think a lot of your folks around the tea powell is worrying so the rest of the folks dont have to. Hes been very strong in terms of the amount of stimulus out there and he continues to call for additional fiscal stimulus as congress is going to need to do more and thats the vaccine notwithstanding. Thats exactly where i was going to go next there are these reports today that the administration seems to be pulling away from stilless in any way, shea or if at a time when congress db youll these sites to get together and have more stimulus. Thats the owe will they pu from. Scott, if i could just correct it and you know this, which is in the first instance its the problem of the million of in, in terms of joblessness and problems that are out there. You still have 750,000 americans filing for first time claims in the data this morning. That may be flatter about oo if and those are going to run out between now and when President Donald Trump may leave office. Youre going to get a new president but in that period of time theresing is to, if and theyll lose assistance because of this part of the resurgence in the rye. Yeah, well, i took to a lost vs one of the questions that keys coming up it what will the fed do next . Theres no stimulus. Theyve had their lending prals, which have had mixed results and one is going to one out, by the way, end what she just leave you aing in they dont necessarily have to do more. Just dont leave just stay around with a security blanket. Well all feel okay. Its the first inkling of the fed doing anything powell said the virus remains the biggest risk to the recoffee are, right the market looks like its down a little bit, maybe on his comments i dont know but you got to get to the other side the dow is now down 200 points, the reports are that the administration, the current one, is backing away from stimulus. Theres not going to be help on the way for a while to liesmans point about these numbers, the people who are still unemployed, losing their wobs how to keep the restaurant open during a cold and dark winter doc, i see you raising your hand yeah, i would say this is the cases that are driving the market today because of the midterm nature of when the vaccine gets developed and delivered and so forth, not so much whether the administration sports stimulus. The administration has supported stimulus for months but they cant get it through the senate and thus you dont have an agreement between senate and house. You know the whole story there, scott. So whether or not the Administration Pushes it or not, if Mitch Mcconnell will not push in his senate, then nothings going to happen and thats pretty obvious that nothing would happen and thats why we are where we are theres nothing new about whether or not the administration supports or doesnt support. Its not going to drive the markets for more than seconds that that, you know, news reading ill go see that other than that its a big nothing burger, i think. Can we throw up the vix i disagree. Hang on, weiss, forgive me, please i wanted to ask about the vix and volatility before we ended up taking a break. The reason why i wanted to is you see the vix up 4 2 3 today at 2455. Tom lee is out with a note that says a vix below 20 would be a huge buy signal for stocks, that it would be even more what he says fire power. The question and what im thinking is that do we really expect volatility to collapse at a time when the virus is exploding . No, you shouldnt im also thinking about, you know, youve got a sitting president who refuses to acknowledge the results of the election, but the vix is going to go down below 20 . John one of those two catalysts, scott, that has the potential to send it down to the tom lee sort of numbers is of course covid cases. If they were to drop off dramatically suddenly, inexplicably between both of us theyre not going to. Right i think tom is a really smart guy, i love following his work as far as the vix, i dont think well see that as far as the fever what is the pandemic if that does break, we could go into the teens but i dont see that i dont think you see that i think it keeps bouncing around probably between 22 and 28 right now, scott, unless we see an even bigger super spike than weve seen so far. It just seems where the news flow is and things that are happening this is the silver spike thats what i think, too. Let me take a quick break kwal street is getting ready for earnings from cisco. Disney as well well be back in two minutes 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. Welcome back, everybody, im sue herera at least 74 have drown off of libya trying to cross the mediterranean. In tampa, florida, residents are assessing flood damage as the big storm has moved to the northeastern part of the state across florida more than 25,000 customers are without power. Democratic leaders are urging republicans to accept the votes. On a happier note, one holiday tradition is being kept this year. The tree for the Rockefeller Center in new york city has been cut down in the up state town. The 75foot tree will eventually be decorated with 35,000 lights and the official lighting will be december 2nd and broadcast on our Sister Network nbc so at least that tradition didnt get cancelled yet well see. Scott, back to you thank goodness. I was wondering about that i drove by and i was wondering if we were going to see that covid is not going to keep everything down. I hope not. We need it right now thanks, scottie thats sue herera steve weiss, you must have had like five espressos this morning or something nows your moment. Got a great new machine i recommend it you must. Hold on. You added you mentioned earlier you added what you say is meaningfully to moderna yeah. It was a big position, have been there since about the 20s with the initial position and it gotten bigger and heres why. I added some on the pfizer news because moderna sold down and i added more yesterday im doing this with impunity number one, they had great news on their cancer vaccine phase one yesterday and, number two, i think its a superior drug to vaccine to pfizer, assuming the efficacy, which we dont know, but fauci said it should be good, they use the same technology ill tell you why. Because you can transfor tport e Moderna Vaccine at essentially freezer temperatures minus 4 degrees celsius versus minus 70 is major, major bonus the reason why i added so meaningfully with impunity is because i looked at the options and im able to sell weekly calls in the data based upon the notice of the press release they put out at 4 01 yesterday, well see the data on the vaccine any time from the next 24 hours to the next three days in terps of what their efficacy is i was able to protect the whole position for less than 1 of the price of the stock thats like a gift i could lose a couple of points on it or make another 50 points on it. Thats why i added meaningfully. Its a great segue, jenny, to disney coming after the bell today with its earnings. You own that stock so tied to a vaccine on the other side of whatever thats going to look like what are your expectations here . What do you advise people to do who are either in this stock or theyre feeling more optimistic about things and thinking about buying it . I think you can buy it here we added it in july a little bit lower but its still completely buyable at 136 a share right now. Expectations are for 8 Million Subscriber ads for disney plus when the parks reopen, thats the cherry on top. You saw a really positive stock in the Third Quarter they had hamilton and mulan and customer expansion in europe and indonesia and bob was on saying theyve exceeded growth in every geography in every smoun far. Its hard for me to imagine this isnt a reassuring, comforting positive quarter want to give me something on cisco as they report, too . Sure. This one is a lot different where the bar is set very low. Analy stock is super cheap at 12. 5 x i would like to say it should be an easy quarter to beat but the last time i said that was intel and i dont always do so well on those easy quarters to beat. Sometimes they dont play out. I wasnt thinking you saying it it was literally saying thats what they said next well go to break and take a look at the s p sectors. We were at the lows of the day for the s p, down a little bit more than 26 now the financia ls well, energy is now the worst were back after this. For over 30 years, lexus has been celebrating driveway moments. Heres to one more, the lexus december to remember sales event. Get 0 financing on all new 2020 and 2021 lexus models. Experience amazing at your lexus dealer. Get 0 financing on all new 2020 and 2021 lexus models. Lets get checked for those around us. Lets get checked for a full range of conditions. Introducing letsgetchecked a Health Testing you do at home. Lets get round the clock support from a team of nurses. Lets get fast, accurate results. Know your health. Know yourself. Order now at letsgetchecked dot com to help you build a flexible wealth plan. Youll have access to taxsmart investing strategies, and with brokerage accounts online trades are commission free. Personalized advice. Unmatched value. At fidelity, you can have both. Welcome back bob pisani here with the etf edge portion of halftime report. Our guestguests, todd and chrisn christian, your amplify etf has been a monitor it is now a balanced etf trip adviser down, etsy down, stitch fix down, all on concerns of stimulus or lack thereof. This is a diverse etf. Which portions are working and which portions are not working thanks, bob a company has to have 70 or more of their sales from online or virtual avenues you see a variety of different companies, Marketplace Companies like shopify, amazon, ali baba, etsy but peloton and travel and transportation names like uber, expe expedia, tip advisor you dont have over concentrations in large market caps like alibaba and amazon and some of the smaller pure play names have been some of our best performers amazon is number 22 in terms of our holdings weve got some definitely stayathome and shopathome plays but we have reopening exposure with travel and transportation names as well vanek has a retail that is a 25 largest market cap weighted out there and thats done surprisingly well and up about 30 and includes amazon and walmart and target as well todd thats right. Theres a couple of ways to play this you mentioned vaneck investigateors, it includes not only amazon from the online side of ledgers but walmart and target are holders onln is a pro shares product, which is also doing well this year, heavy weighting within not only amazon but alibaba. Smaller stakes in some of the other companies. It depends on what you want and what is going to drive future performance. Thank you, gentlemen. And everybody, remember, our etfedge show every monday at 1 p. M. Eastern time. Half will be back in 30 seconds. Were back lets bring in rahel nike expects total sales growth of almost 12 , theyre growing in directtoconsumer and you can see the stock is down about 1. 2 salesforce gets a downgrade to equal wait at Morgan Stanley target remains 2 75 analysts see 40 billion in revenues in 2024 the firm doesnt believe margins will improve in the near term as the Company Continues to prioritize that growth and costco named a favorite Holiday Season retail play as the firm sees it reaching 400 in the next 18 months its about 3 off its alltime highs and it should continue to benefit for small consumer demand, Paper Products and food. Weiss, you want to talk about nike quick i think its one of the best Global Brands and managed companies out there. Id love to own it its the kind of stock you buy in a Market Correction too expensive up here. We have more trades ahead two stocks hitting all time highs today, tmobile and devita back after this. Before money, people traded goods. Tools, cattle, grain, even shells represented value. Then currency came along. They made it out of copper, gold, silver, wampum. Soon people decided to put all that value into a piece of paper, then proceeded to wave goodbye to value, printing unlimited amounts of money as they passed the buck to the future. Thats why its time for Digital Currency and your investment in the grayscale funds. Go digital. Go grayscale. Welcome back lets do the futures outlook nasdaq extending its gains lets bring in Brian Stutland in the trade. The debate over growth and value. It has been obviously, the vaccine news was bad for growth, good for value were starting to see that trade unwind and reverse itself as were getting more governors wanting to lock down in certain forms and whatnot. Thats good for the nasdaq i dont know thats necessarily good for the whole market. I would like to see the nasdaq trade above 12,100 on the december futures contract. If we get above there, i think it goes to 13,100. Some technicals would suggest that happen. The nasdaq, scott, has been so volatile, im going to use microcontracts, which are only 2 buck ace contract. Risking 1,000 to make 2,000 on the upside on the 2 to 1 payout. All the markets go down if we start to lock down and see cases rise here. The unwind of the trade back into the nasdaq seems to be in play if we can pop above that 12,100 level, im in on the nasdaq. I got it. Thank you. Lets do unusu aivy tethis quick break sofi made it so easy to pay off my student loan debt. They were able to give me a personal loan so i could pay off all of my credit cards. I got my mortgage through sofi and the whole process was so easy. Choosing sofi was literally one of the best decisions i could have ever made because it gave me peace of mind. Lexus has been celebrating driveway moments. Heres to one more, the lexus december to remember sales event. Lease the 2021 nx 300 for 349 a month for 36 months and well make your first months payment. Experience amazing at your lexus dealer. And well make your first months payment. My mom, siblings and i faced more than our fair share of adversity. But i believed in a future beyond what others saw. When it came time for college, the kpmg future Leaders Program was there to help. It was more than a scholarship. It was four years of support, mentorship and training. Now, with a degree in animal science, im my familys First College graduate and im just getting started. The kpmg future Leaders Program. Empowering young women to reach their potential since 2016. Markets turning pretty hard down our show. Dow down 300 you have a triple for us speaking of three. What have you got . Real quick. Canopy growth, this is one back in april 9, now its all the way up to 24. Theyre buying the upside calls 27. 50 out in december. Second one, scott, rocket, rkt, with the stock at 21. 50, theyre buying the 23. 50 calls that expire next week and sun power, nov 20, they expire next week i bought all three today jenny, what have you got for us total, 8 yield, longterm benefit from their investment in renewables. Josh brown . Crowdstrike a name youve owned and you said at the top of the show you continue to like steve weiss . Same price im sorry, im sorry. Josh, go ahead quick same price as disney, crowdstrike. Switch one for the other there you go. All right, weiss iff, recovering from a missed quarter. Jon najarian. Park hotels, phk, i bought it during the show. Were at the lows of the session. We just showed you the dow was down by a little more than 300 points value upset yet again today. That does it for us. The exchange begins now. Thank you, scott. Hi, everybody. Im kelly evans and heres whats ahead this hour the markets are hitting new records this week. The same week that covid is with record cases and hospitalizations how long can this disconnect last we are going to dig into dha the covid spike is straining medical resources, especially in the south. What happens now well talk that over with one of the ceo of the biggest Hospital Systems in texas. Bitcoin is higher, disney in the queue and the tax from working from home. Records this week, dom, but definitely a pause tay