Unemployment. Well talk with Eugene Scalia coming up. President trump is set to land at Kennedy Space center this very hour, to watch the historic spacex to become the first commercial company to send astronauts in orbit. We will have discussion with space should telecom mander. Chao. More and on making money. Charles the dow is leading the way all session long as reopening optimism is reflected in this what we call the market rotation, cyclical stocks are doing better as main street gains in the economy. Rotation is also the theme of the week. We saw some bonds into stocks be. Defensive stocks into cyclical stocks that just mentioned. Growth into value, about the big question is can overall value continue to rally as tech stocks head in the opposite direction . I want to bring in kaltbaum Capital Management president , fox business contributor gary kaltbaum. You love to tech stocks. Made a ton of money particularly in chips. Looks like theyre toppy at the moment. Are you moving out of them from financials into some other sectors . Here is the good news. I can tell you nasdaq was down almost 200 today trying to get back to even. Maybe this was a couple scare dates. If Technology Gets in trouble it is tough for the market to really, really get going through decade after decade. Were definitely getting major rotation right now. It doesnt look like a bad rotation. Just areas, 85 of the market was pretty much dead and just woke up over the last few days. That is the cruise lines, airlines, energy, definitely, the financials which were up eight to 10 this week. It is good to see, there is nothing wrong with the market broadening out. If they dont crash the technology stocks, just pulling back from extended conditions they will be in good shape. Charles this is actually better news for main street because those industries you talked about, they reflect a lot of jobs. They reflect a lot of local economies. That is what this is all about. I personally love to see it. About 100 s p names are up. The rest is down for the year. This is wonderful, speaking of that, what i find interesting, gary, the biggest winners since march are also still the biggest losers, right . Apache is up 180 since march 23rd. It is still down over 150 for the year. People are looking at these things, they are grappling did i miss the move. Or was that just a bounce and a lot more to come. How do you figure those things out . When you have some names go down 90 , rally up 100 , they are still down, what, 80 . You still have a lot of that in the real down and out oils. You have to be careful about that. If you can catch them right, god bless you, something i dont typically look for. For me it is about on a daily basis, do you have leadership . As of right now if we end this way it tells me the big leaders are doing nothing more than pulling back from extended conditions. But i do have to mention, we have the biggest margin i believe except for 99 between growth and value. Value has been left for dead for quite a while. Growth has been the place. You know all the talk about the fangs. That will eventually change where one comes down, the other comes up. I dont know if youre starting it here. What i would call right now, you have the wake of up call for economically sensitive areas as theyre saying that were starting to open up. Then well start to have a lot of reassessment as we move forward based on demand and based on all these companies decide to do. The disney announced today they will open up, but capacity constrained, no parades or fireworks. Neil sure. So something to watch closely. Neil let me ask you this, now everyone keeps saying that the market is up on vaccine hopes. I think the market is adjusting to a world where we will learn to live and prosper while we live with the virus. Im not your it is a vaccine rallies much as we live with the vaccine we may be learning how to do that. That is my investment thesis that i dont hear anybody else talking about. Am i nuts . I dont think youre nuts. Were great at one very important thing, adapt. Were very good adapting to things. That is what youre seeing right now. Look, we have no control, but we do, somewhat control about the virus. If it starts to accelerate again all bets could be off. No doubt as a people, i mean that, as a people, we are very good adapting to circumstances. Even the worst of circumstances. I do really believe that time will heal everything as we move forward. When you add in, got a guy at the head of the central bank putting in 8 trillion bucks, unlimited amounts going forward, you factor that into markets also, i think youre seeing some of that too. Were in good stead. I like were broadening out. If it is just a pullback in tech im all good with it. Charles always a pleasure having these conversations with you, gary. Thanks a lot my friend. Thanks, charles, take care. Charles state lockdowns are starting to ease. Many expect the u. S. Economy to maybe pick up some steam. Big states are ran by democrats, obviously opening up much slower than run by republicans. Joining me with more, steve moore, Economic Advisor to President Trump. Steve in a new oped you said the democrats foolishly defined themselves as lockdown party. You point to cities like new york, l. A. , chicago, and you talk about the economic ruin, even comparing them to caracas, venezuela, is that going too far . Might be going a little far. Charles, good to be with you. I was in my home town of chicago memorial day weekend. Went downtown chicago. Youre experiencing the same thing there in new york city but basically a ghost town now. It breaks your heart to see these great, Great American cities like manhattan and like chicago and like los angeles and like San Francisco completely shut down and comatose. Meanwhile you are seeing in these red states youre seeing in cities like atlanta, seeing like places in florida, like miami getting back up and running and so this breakdown between red state and blue state is just so amazing. Red state america is open for business. Blue state america is not. And the democrats, these governors really locked themselves in to this lockdown narrative they have to keep their economies shut down. Meanwhile were getting really good evidence from florida and from georgia, from tennessee, texas, theyre not only opening up the economy for commerce, but, charles, theyre seeing declines in their death rates and declines in their hospitalizations. Charles thats the part, you know, i mean, the cuomos who have been applauded by the media all this time, he is going to have a tough time in my mind and new york is going to have a tough time. Reminds me to a degree of Hurricane Katrina in new orleans. A lot of people talked about new orleans would be an american ruin. We go there, talk about what it was. It slowly came back but it was a real slow grind. It was never really the same for a long time. Now people are moving out even faster from places like new york, steve. Looks to me that they are still tying to politicize the same thing. It is so sad. Because youre right. It is going to take, good take manhattan 10 years to recover from this lockdown, until these businesses get back up and running. A lot will never come back as you know. You see boarded up businesses all the time in these major cities right now. It is just hard to understand how these governors and mayors think that theyre doing their citizens a favor, their businessmen and women a favor keeping them shut down. Every day that goes by the number of businesses that fail escalate in these areas. I note in my piece, for the last 10 to 20 years you seen twice as many jobs created in red states than blue states. Red states have lower taxes and more probusiness. Charles, what do you think this incident will do about peoples attitudes . Who would want to open up business in new york, who would want to open up a business in illinois or california in these conditions . I hope governors look at what is happening in the red states, say hey well open up too. There is a lot of pressure for them to do so. Charles there really is, steve. Ramifications will last a long time. Always appreciate it, steve moore. Thank you. Charles folks our economy, this economic recovery is underway. The question can it actually get speeded along . Coming at 2 35 i will ask labor secretary Eugene Scalia about the Trump Administration considering back to work bonuses. Furs President Trumps fight with twitter is heating up. He is threatening to crack down on Silicon Valley for silencing conservative voices. Do you agree there is a social media bias against conservatives . Tweet me cvpayne. Well be right back. You wouldnt accept an incomplete job from anyone else. Why accept it from your allergy pills . Flonase sensimist. Nothing stronger. Nothing gentler. Nothing lasts longer. Flonase sensimist. 24 hour nondrowsy allergy relief and now for their service to the community, we present limu emu doug with this key to the city. [ applause ] its an honor to tell you that Liberty Mutual customizes your Car Insurance so you only pay for what you need. And now we need to get back to work. [ applause and band playing ] only pay for what you need. Liberty. Liberty. Liberty. Liberty. Charles President Trump threatening action against twitter over what he calls of silencing of conservative voices. Susan li with more on that. Susan twitter factchecking president forefirst time. Individuals have asked for out right banning on President Trump on twitter or have some of his tweets deleted, very first time last night slapping a warning label on two of those tweets. Bring up the graphic. Says there are warning labels on mailin ballots. Those are the specific tweets twitter highlighted. Trump said in the tweet there is is potential for fraud in mailin ballots. Though twitter will take you to a page of list of facts and news stories on mailin balloting. Twitter response to foxs inquiry says, these tweets, two of them, contain potentially misleading miss information about voting process and labeled to provide additional context about mailin ballots. The decision is in line with the approach we shared earlier this month. President trump, meantime, reaction not happy with twitter. Threatening a reaction in a tweet no less, saying on the platform. Twitter has shown everything weve been saying about them and their other compatriots to be correct. Big action to follow. Exclamation point. Accusing social media of having conservative bias and liberal leaning. We hear about the msnbc morning joe host, joe scarborough, President Trump tweeted, asked for an investigation into the death of his congressional aide in the early two thousands. Something both of the morning show hosts denied. Deceased victims husband asked for those tweets to be removed. Twitter says that cant be done because they dont violate terms of service on the twitter platform. But look, twitter and facebook and other social media sites are really grappling with this tough balance. You want to protect First Amendment rights. But you want to protect against misinformation. This debate im sure will continue to rage as we head into the november ballot. Charles . Charles all right about who determineses what is misinformation. Great stuff, susan. Thank you very much. Joining me with reaction to still has bruises from her bat well the liberal tech giant, Fox News Contributor deneen borelli. You used to get a million views with youtube videos. Something went horribly wrong. Hurt your life, hurt your income. I think you probably feel what President Trump is laying down here . I certainly do, charles. My facebook posts were suppressed. The ad revenue went down and i was fired from blaze tv last year. Black female conservative who was speaking the truth. It is good that President Trump called out twitter because it is important. So many conservatives are being censored and shut down right now. You know a lot of them im sure. I hear about it all the time. Which is why competition is good. Let me just say im an advisor with clout hub. A new social media platform. I hope you and your viewers will go to get clout hub. Com forward slash deneen. Charles okay. While were on it, what is interesting how this played out. Over the last two weeks a tremendous amount of pressure from liberal media, from liberal known folks in the media, directly tweeting jack, to take action against trump for shutting down his twitter account. Kara swisher, article entitled, twitter must cleanse the trump chain. Suggested Something Like the fact check thing that came to fruition. Do you feel like jack dorsey, ceo founder of twitter thought maybe this is would assuage the left by the same token keep trump on twitter, he is making a lot of money with trumps presence there . Of course he is. A lot of out lets is making a lot of money. Twitter is supposed to be a platform but theyre acting like a publisher, a media outlet, theyre picking winners and losers and that is why the president called them out. That is why so many conservatives are losing their accounts and their followers. Theyre getting their voices stifled, and they need to be called out in more ways that an one. This has been going on for way too long. It is about freedom of speech. It doesnt, it is not working both ways. It is only working one way as far as twitter and Silicon Valley platforms are concerned. Charles i got 30 seconds. There was talk over the last two years of maybe rescinding this special category that they have social media in, treating them more like publishers. If twitter find as need to fact check, maybe they should be treated like other publishers, not have it both ways . I totally agree. That would be up to congress and the fcc in terms of regulations but something clearly needs to be done because they have been getting away with this for way too long, charles. Charles certainly have. Deneen borelli. Always a pleasure, thank you. Thanks, charles. Charles President Trump on his way right now to the Kennedy Space center to witness the spacex launch. It is two americans going back into space, nearly a decade long. Later in the hour, why this is a true display of american spirit. Plus before his florida trip the president meeting with Governor Cuomo of new york about federal government funding for massive Infrastructure Projects but will congress agreed. Georgia republican congressman jody hice weighs in with me. He is next. Together, well weather this storm. Charles secretary of state mike pompeo has certified to congress that hong kong is no longer autonomous from china. This after beijing decided to impose a security law in hong kong without that citys approval. What comes next, i want to bring in Georgia Republican congressman jody hice. Congressman hice, this thing is heating up. Ive been talking about new cold war. Obviously hong kong is part of that. President trump is going to be coming up with something very soon, perhaps before this week is over. What do you think we should be doing here . I think at end of the day, by the way, charles, good to see you again, great to have you back in the saddle. We need to stand by the people of hong kong. It will be interesting direction we go from here. No question china is on the march around the world, be it not being forthright with the coronavirus epidemic with hong kong. Their footprint is literally all over the world. Theyre not one to be trusted. Were going to have to handle this appropriately and i believe at the same time were going to need to stand with people of hong kong. Charles at the same time, you listen to larry kudlow. Were certainly actively wooing American Companies back from mainland china. Some in hong kong may decide to leave too. How do we walk the democrat line not doing anymore harm to the economy by wooing businesses . Although some will want to flee this aggression from china . Yeah. You know, china cannot be trusted, the movement to pull businesses back from china, to the u. S. , is something that has broad support, something we will be able to accomplish. Something that i believe most businesses will be ready to achieve. That obviously will be step one. As we deal with china from a business perspective, and again hong kong going to be a little bit different. Well have to see how to navigate through that mine. Charles meantime speaking of navigating, new York Governor Andrew Cuomo laying out what he and President Trump discussed just moments ago regarding infrastructure. Take a listen. How do we take some of the big Infrastructure Projects that have been sitting around for a long time, we just were all smarter and better, we would have done 30 years ago. And actually get them up and running because we have to do this work anyway and because we need the jobs now, more than ever. Charles cuomo also lambasting republican lawmakers over reluctance to fund States Corona relief packages. Both needed congressional approval, not President Trumps. Chances of either these things happening or b, the anger, that Governor Cuomo is exhibiting towards republicans about these things . That anger in itself is nothing new, there is no one in washington, i dont know, i dont know the vast majority of people in america understand the importance of infrastructure. We get that. There is couple of issues come into play here though. Number one, how in the world will we pay for it. That discussion has to be on the table. We have just gone through enormous amounts of money in a record period of time virus and weve got to discuss honestly how do we pay for for infrastructure recognizing it is something that we need. In the middle of that conversation however, is the right time, the right way to have these conversations than not. In the midst of a pandemic, in the midst of an emergency like we have been under is not the time to then throw into the mix a infrastructure bill. This is not where it belongs. It doesnt need to be added on to a pandemic issue. They are two totally Different Things and they should be treated separately with the conversation of how to pay for it. Charles i would love to see a lot of these places like new york start now working to get rid of regulations that made the last infrastructure stimulus bill null and void. Congressman, thank you very much, appreciate it. Folks right now, all three major indices turned positive, but i want to focus on what im talking about today, as the stock of the day, if you will. Track supply, it has seen most growth this year in entire s p 500 since the lockdown started in march. Management updated the current process, strategic moves. I think it is perfect blueprint. Want to know what Companies Invested in, strong business, strong hiring, strong visibility, making major investments. Joining me Gibbs Wealth Management president and cio, erin we talk all the time on the show what you should be buying. I think Tractor Supply made it out. Any company with market share, pricing power, has visibility, actively investing in your business means should check all the boxes. Not taking on too much debt as weve seen some companies trying to expand successfully like hertz and filing for bankruptcy. This is interesting take off Consumer Staples as well as retail, this is unique retail story. I think there are just a few retailers or consumers discretionaries out there like Tractor Supply, that are actually going to do really well over the next 12 to 18 months. We have to look how were going to change in our spending. Were spending more money on our groceries rather than going out, were spending more money on our homes. Less money on apparel. So i would say looking towards something that is more of a play on either technology, obviously home improvements, i love home depot and lowes, also sherwinwilliams. I think another one really just been putting a ton of money into capex spending without a ton of debt. And really having strong, stable earnings. Charles i just reiterated sherwinwilliams today myself. I love the way it has been acting. Moments ago we got notes from the federal reserve, beige book report. There were a few highlights. I want to ask you about them. One said most districts noted increases in high demand and essential sectors. Of course wages are flat in certain areas, even declining in others. They noted that auto sales were substantially lower although a year ago of course, but several districts already seeing recent improvements. You talked about a new normal, you alluded to it a few minutes ago. It is a pleasant surprise. The idea were moving out to the suburbs. We dont want to take mass transit. I had written off domestic automakers outside of tesla. Could these things be chinging . I think there might be, there is probably going to be avoidance of wanting to take mass transit. Also we work from home we may have that vehicle, does it make more sense to do individual trips. So we may not have to take mass transit to go to the office every single day. We might want to take the car two or three days a week. That may help alleviate some of the traffic. It makes sense to drive into the office or go see the clients as we all start working from home more often. So i think that is definitely a possibility, that is moving to the suburbs. Having more space, moving away from the high density population in cities. Charles of course we are talking about moving out in the hamptons but that is a little bit further away. Erin, thank you very much. Youre welcome. Charles all right, folks. Check this out. If you are a Small Business owner or just an individual with a question about the reopening of this economy tomorrows your lucky day, at 11 00 a. M. , Stuart Varney will be Holding America works together virtual town hall, guess what, i get to join them at 11 40. Not too late. Email a video asking questions investing in you at foxbusiness. Com. Invested you foxbusiness. Com. Labor secretary Eugene Scalia talking about the white house considering back to work bonuses . What is the plan for the economy if the vaccine doesnt materialize anytime soon do you have concerns about mild memory loss related to aging . Prevagen is the number one pharmacistrecommended memory support brand. You can find it in the vitamin aisle in stores everywhere. Prevagen. Healthier brain. Better life. It is something were looking at very carefully, senator portman has a good idea. He understands incentives and disincentives. The problem with the 600dollar plusup. Maybe we needed it in the emergency period, it is a major disincentive to go back to work. We dont want that. We want people to go back to work. Were looking at that. Charles well the Trump Administration saying it is considering a weekly back to work bonus for americans returning to the workforce. The idea coming from republican senator rob portman of ohio. It would keep 450 of the 600 theyre getting in traditional unemployment now. The idea is to entice workers making more being unemployed than they were at work. Nor my i would like to bring in labor secretary scalia. It is a serious pickle. Some conservatives said this was going to happen. You can call it unintended consequences. Larry kudlow said it was an emergency but it feels odd having to pay people to go to work . As you say, charles, it is good to be with you, when the cares act was enacted one of the really important supports that it included for American Workers that 600dollar plusup on top of regular state unemployment compensation. It was at a time where our government is, states and locales were prohibiting people from getting to the work place. We would never been in a situation like that. And we wanted to tide people over for what we expected to be a short period of time when in many places they couldnt get to work. That was the concept. It was one of the important things being done to help workers out. Were now in a very different phase. Were pivoting, were reopening. We seem to be reopening safely. That is good news. We are taking a look at the things that can be done to bring people back to work and, yes, larry kudlow has mentioned a potential disincentive for some people of that 600dollar plusup. It expires in july. I think there are a lot of good reasons to get back to the work place, even despite that plusup. Charles okay. July 31st is when, it expires of course. We probably will get some kind of package before then. But i do want to pick up own what you were talking about, the reopening, because the white house put out a plan with phases of reopening. Right now all states are at least partially open. That kind of seems to go to phase one. How close are we now to phase two of reopening this economy . Well, that is going to vary by state and vary by county too. As you know, i was in florida, georgia last week, traveling with the Vice President and, got to tell you it was really encouraging to see. Got to go to a restaurant i hadnt done for a while in the d. C. Area. And people were out and about. We saw that over memorial day weekend too. So i think we are in a number of places headed into phase two. Have to reiterate, people need to be cautious, careful. We cant get sloppy in the practices that we learned that slow the spread. But the early indications are good. The state has reopened early are doing so safely. That is really encouraging for the rest of the country and that is why there is this focus now getting back to work. Charles as i was researching for this segment, i went through your website, i went through the labor departments website. It is amazing criticism this Administration Takes from certain areas for being against the workers. You guys are so active on behalf of workers, all over this country, i, i just wanted to commend you on that. It is really amazing to me how much action youve taken all the smallest niches of this country on behalf of all workers . Well, thank you on behalf of the team at the labor department. Weve got people across the country that have worked so hard for months now, to help American Workers. Im so impressed with what they have done with the sacrifice that many of them have done and it really has been very early on. Occupational safety and Health Administration which as you mentioned some have tried to criticize but, they were our first agency focused on getting the word out. As you probably saw on our website, they put out extensive guidance for employers, workers how to get back to work safely. Theyre investigating complaints. Making inspections. I think, vast majority of employers are trying to do the right thing. Were helping them. If they dont, were there to help the workers too. Charles sure. So thank you for that charles. Charles you got it, intervention in the smallest of cases. That seem small to us but probably mean everything to those workers. I was impressed with. Secretary scalia. Thank you very much. Thank you. Charles all right, folks were only hours away from a amazing moment in display of american spirit coming up. We are going to preview the launch of the First American in space nearly a decade, former nasa astronaut leroy chao. We will be right back. This is a unique opportunity to bring all of america together in one moment in time. Say look at how bright the future is. King. Which is why when it comes to his dentures only new poligrip cushion and comfort will do. The first and only formula with adaptagrip cushioning technology. Choose new poligrip cushion and comfort. There are times when our need to connect really matters. To keep customers and employees in the know. To keep business moving. Comcast business is prepared for times like these. Powered by the nations largest gigspeed network. To help give you the speed, reliability, and security you need. Tools to manage your business from any device, anywhere. And a team of experts here for you 24 7. Weve always believed in the power of working together. Thats why, when every connection counts. You can count on us. Thats it. Im calling kohler about their walkin bath. [ sigh ] not gonna happen. My name is ken. How may i help you . Hi, im calling about kohlers walkin bath. Excellent happy to help. Huh . Hold one moment please. [ finger snaps ] hmm. The kohler walkin bath features an extrawide opening and a low stepin at three inches, which is 25 to 60 lower than some leading competitors. The bath fills and drains quickly, while the heated seat soothes your back, neck and shoulders. Kohler is an expert in bathing, so you can count on a deep soaking experience. Are you seeing this . The kohler walkin bath comes with fully adjustable hydrotherapy jets and our exclusive bubblemassage. Everything is installed in as little as a day by a kohlercertified installer. And its made by kohler americas leading plumbing brand. We need this bath. Yes. Yes you do. A kohler walkin bath provides independence with peace of mind. Charles the whole world is watching, waiting for the next big leap in space travel today. Were talking spacexs rocket in next two hours t will carry two nasa astronauts. This is kicking off a new era in corporate space missions. Cheryl casone joins us with details. Cheryl. Reporter this is history in the making. Elons spacex will attempt to send the astronauts for first commercial spaceflight to the International Space station. We have not done this as a nation to be specific since 2011, when the Space Shuttle atlantis flew final countdown. Look at graphic. We got the sneakpeek from them as spacex. The crew greg dragon, will ride on the falcon 9. They will use the rocket to manuever towards the iss were monitoring live pictures out of cape canaveral, remember nasa in 2014 awarded 2. 6 billion to spacex and 2. 4 billion to boeing and standard liner project. This is no longer the soviets versus the americans. It is no longer the 60s. This new space race is about corporate dollars. This is space travel for profit. I believe air force one were looking at right now. This is about public partnerships, private partnerships hopefully advance our Missions Beyond earths orbit. Time, 4 30 p. M. Eastern time from floridas Kennedy Space center. If they hit any snags they will try on the 30th or 31st. This is from pad 39a. This is launched from the Many Missions including the moon landing in 1969. They are veteran astronauts. They expect to be in space anywhere one to three months. When they make the journey home, they board crew dragon, and parachute hopefully, safelies, these two gentlemen will land in the Atlantic Ocean and come home. President trump and Vice President pence will be on hand for the launch, live pictures from cape canaveral. Very exciting stuff. 80 of the space economy comes from the private sector. Charles, this is certainly historic day. It will be pretty fun. As you made the point earlier neil cavuto will have fun with the launch today. Charles how appropriate is that. Cheryl, thank you very much. For more on this historic trip i want to bring in former nasa astronaut leroy chao, former commander of the International Space station. Commander, thanks for joining us. Pleasure. Thanks for having me. Charles you know just talk to us about how momentous this occasion is considering, our Space Program was really falling behind and we were paying russia 80 million to piggyback on their program. Not exactly what john f. Kennedy had in mind when he started all of this . You know, youre right. In 2011 when we retired the Space Shuttle i personally thought that was a mistake there is a lot of life left in those vehicles. We should have kept flying them. It is what it is. Well be today returning. As mentioned this is historic this is the first time in nine years, almost nine years we will be launching u. S. Astronauts into orbit from u. S. Soil. Also commercially of course, this is the first time this has happened on a commercial vehicle. And so nasa. Spacex, big milestone. For spacex this is the first time they will tempt a to put humidities into space so im excited about all of this. Charles what are your filings about the commercial aspect of this . Spacex, blue origin, boeing, it will get crowded up there. Are you okay with that . Perhaps it can make it even more exciting . Absolutely im in full support of this. In 2018, 2009, i served on a White House Committee called review of human spaceflight plans. Our committee actually put forward the commercial option to the administration saying hey, we think this is something you should consider because these commercial outfits will likely be able to develop human spacecraft faster, with nasa oversight. They will be able to safely take astronauts to and from the iss now that youre planning to retire the Space Shuttle. Were happen this worked out. Weve gotten to this point. You know, i fully support it. I think it is great we have different commercial entities because competition is what america is all about. It is what getting the best deal for the government and for the consumer is all about. Weve already seen it with spacex, dramatically cut cost of launching satellites. Even incumbents are sharpening their pencils, trying to i am ie them. Charles we have less than two hours before the launch and i have got less than 30 seconds. I do need to ask. It is raining there right now. Could that potentially scuttle this launch . Not so much the rain we need to worry about. It would be lightning. Lightning could scuttle the launch. Lightning in certain radius of the pad. High upper level winds, things like that. Hopefully the weather will hold but if not well try in a few days. Charles sounds good. Commander, thank you very. Always appreciate it. Were on the stock market, all day long were watching a classic tugofwar, i think the bluechips are winning. In fact the major averages are doing pretty well early on, massive selling in tech stocks, to nasa went down. Were watching amazing reversal theyre. What it all means as we head into the final hour of trading. Well be right back. In your customized view of the market. Its smarter Trading Technology for smarter trading decisions. Fidelity. Charles folks, an hour ago i didnt think this was possible, but all your major indices are in positive territory as we head into the final hour of trading. Now the major averages are trying to break out. The dows big breakout is through 25,000, the s p above 3100. Resistance, though, is huge, right. Thats why clearing these hurdles would be absolutely huge. I think we do it. Your next numbers, dow 27,000, s p 3300. How would that impact your portfolio . I want to bring in jim awad along with courtney dominguez. Courtney, we are on the cusp of a major breakout. We have been building up for a few weeks. It changes everything. Even if you are a reluctant money manager, you have to participate. For the viewers out there, how would that possibly change their approach to this market . I think youve got to come into this optimistic. I think theres a lot of people out there who have been waiting for the second shoe to drop or another dip to buy back into the market but we are still seeing optimistic signs here. Even the s p is trading at 3,000 with a big mental hurdle for a lot of traders, but we are there. Lets face it, the government did not put 9 trillion into the economy to let this fail. I think we can really see some light at the end of the tunnel. The markets dont really care are things good or bad. They care are things Getting Better or worse. They are definitely on the end of them Getting Better right now. We cant wait for another dip for an entry point. We have to participate in this rally as its happening. Charles jim, you are known as the Coolhand Luke in all of this. Sometimes nothing is a real cool hand but the time for chilling out and watching this from the sidelines, you missed a pretty good move already. Is it worth the risk of sitting on it further . No, you dont. Its happening before our very eyes. The economy is opening up. All the metrics are improving. Industry after industry is seeing improvement. We will regain all that we lost from the economy. There will be changes within the economy. Some companies will emerge stronger, some companies will emerge weaker, but in our darwinian way, we will emerge as a stronger economy and more productive economy and stocks will end up making new highs. We may have some trouble getting through resistance right now. We dont make it now, we will make it in a couple more weeks when we get better metrics on the various openings. You go in and go in balanced. Buy some of the growth stocks, some cyclical stocks and participate in what should be a broad recovery in the economy and the markets. Charles some of the worst performing stocks of the year have been the best performing stocks since march 23rd. By the way, the top ten, almost all oil companies. Darden restaurants, whirlpool. People are trying to figure it out. A lot of folks say to me, still down 50 for the year, how do you decide if a stock is overbought or oversold still with that kind of dynamic . Yeah, you cant have a healthy market with only a few stocks participating. You cant go back to five stocks being all the gain in the s p. Youve got to have it broadening out in the market. But you cant abandon the strong five or Six Companies because they will keep growing for the foreseeable future. I think what you do is, you do a packageme package. Many stocks are still down from the high, admittedly up from the low. A year or two from now, they will be higher as the economy grows and i do think you take a packaged approach with a 12month view and you will do much better in a package of stocks than you are in bonds or cash. Charles courtney, where do you see these opportunities as we break out . I think kind of exactly what you are saying. You want to look at those hardest hit sectors and one of the big rallies had been tech which we are finally kind of seeing got reversed. I think if you have new money to add, there are still some sectors that are really good opportunities. For example, i would look at your Value Companies over your growth and tech firms right now. I look at your small over your Large Sized Companies because those rallies still have a lot of room to grow. Maybe there is still a lot of potential. Charles all right. Thats a big theme of the week. You are spot on. Jim, courtney, thank you very much. Lets call it the c. P. Effect. This is the highs since the opening, since the bottom fell out of the initial rally. Liz claman, i did it again. Cheryl cheryl casone, actually. We will get to liz claman in just a few moments. We have a lot of breaking news to get to. We are tminus one hour, 33 minutes to witnessing history as spacex gets set to become the first commercial Space Company to launch humans into orbit. That is if Mother Nature plays along. You are looking at live pictures of cape canaveral, florida, where it is raining at the moment. But the countdown clock has not stopped ticking. Two american astronauts are scheduled to blast off from american soil for the First Time Since 2011 which marks the end of the space shu