Some of these well known names here in the u. S. , these are chinese stocks that are listed here on u. S. Exchanges. China mobile, its up just under 1 . Youve got lenovo which, of course, is a chinese company, down half a percent. Alibaba is up one and a third percent. Jd. Com, that stock is also continuing to move slightly higher. As we look at some of these other names, alibaba Still Holding on to gapes of about 1. 5. But lets look at the semiconductors, because one would argue that they are the most exposed to what could have been yet another trade war, but it just doesnt sound like that yet. We have green on the screen. A little bit of a relief rally for intel, up two and a third percent, invidia up two percent. So thats certainly a good sign when you see that those names including other names that are bigger when it comes to, lets say, traderelated, tradesensitive stocks, everything from deere to caterpillar was that the fear was that we would start to see yet another trade war or that the phase one of this trade war was said and done, over. We didnt hear that at the moment. As i mentioned, now look at the dow jones industrials. It has now punched into positive territory, up 11 points, after having been down more than 300. I will say because we were all watching it that when the president began speaking, the dow was down 145. It went as low as a loss of 280, but certainly its important to note we dont see any red at the moment in the major indices. Youre looking at i shares and etfs of chinesefocused names, up one and a third percent, China Internet stocks up three percent. Blake burman was there in the rose garden as the president unfolded, i guess, a list of things that really didnt sort of meet the rhetoric that had really been ramped up, but the markets as you see are recovering on the notion that were not seeing what could have been the start of yet another cold war. The president , of course, just making that statement a moment ago, and now we have the dow punching higher by 40 points. Previous high of the session was really just a loss of 37. Low was a loss of 368, so we are seeing new highs. And, yeah, im going to go ahead and call that a relief rally. You know, it was just around this time yesterday that we saw the markets reverse. We had been up triple digits for the dow, we lost it yesterday. And we were not quite sure whether it was the announcement of new possible regulations against, you know, twitter and some of the social media name or this announcement that he would have this meeting today. To blake burman. Blake, what do you make of what has been announced and, again, the rhetoric was a lot hotter than what we just saw unfold. Reporter i just got here from the rose garden, liz, so apologies if i duplicate anything you say. The relief rally there, think, is in part because the u. S. Is staying in the trade deal. That was one of the big questions. When President Trump was asked about this yesterday the oval office, will you be staying in the trade deal, he didnt answer it. He didnt say yes, he didnt say no. He came down here today with a lot of policy tools that the white house had been telling us that they would have at their disposal giving to the president because of what has been unfolding in hong kong. We saw some of those policy tools that the president just unveiled. We also saw the president talk about chinas handling of covid19 and how the u. S. Would react, in part pulling funding from the world health organization. So you had a twofold, sort of a twofold response from the administration; covid19 and hong kong. But the trade deal hasnt been touched. And that, i think, is one of the big overall head reince here, one of the big takeaways here even though, liz, you have to wonder what the relationship between the u. S. And china will be Going Forward in the immediate days, weeks and months and speaking of months down the mind, liz, keep in mind we are roughly, give or take the, about 150 days from election day. What you also just saw today from the president , i believe, is part of his message Going Forward as it relates to china, his administrations stance and chinas handling of covid19. Liz . Liz blake, thank you. Thank you very much, blake burman. The dow up 71 points, we watch this rally start to up fold. Again, were now seeing a swing of about 40 points from trough to peak. All right, let me get you some important stock stories that are also developing right now. Twitter slapped a warning label on the president s tweets about shooting looters in minneapolis. President trump uses the microblogging site to rail against it. The feud between trump and social Media Companies escalated overnight after trump signed an executive order threatening to regulate the sites. Down another, lets call it 1. 8 , that, of course, hits twitter investors with a twoday loss of about lets call it 4, 5, 6 . Yeah, because yesterday down about 4 and change percent. When is a loss a gain . When its mauler than analysts smaller than analysts anticipated. Moving higher in this final hour of trade after narrowing expected profit losses. The secure login Management Company reported a revenue beat as well, so youve got that stock jumping 5. 5 . The view is so bright, gopros got to wear shades, the action camera makers new zeus mini light is a hit. The magnetic waterproof clipon light is described as insanely convenient. Driven by its hero 8 black camera, so the stock is being driven to the upside by nearly 5 investors are partying with party city in this final hour of trade. The stock is surging after party worked out a bondholder agreement that will deleverage its Balance Sheet by 450 million. The stock is 1. 28 a share, but its jumping 25 . Plus, while shuttered during the lockdown, its stores quickly instituted curbside balloon deliveries during this key graduation and wedding season. I have a senior graduating from high school, i will be waiting curbside [laughter] at party city. All right, weve got the closing bell ringing right now in about 43 minutes 53. 53. Boy, that went quickly. Dell another winner in the work from home environment. The pc maker is on the move after First Quarter sales of its desktop pcs, notebooks and tablets rose 2 thanks to people rushing to set up home offices for remote work. Dells stock up 7. 75 . A rare remote q a with fed chair Jerome Powell reveals the Central Bank Chiefs admission that his team crossed red lines in their emergency moves during the pandemic to shore up the Financial System. Allianz chief economic adviser Mohamed Elerian is is here over whether he sees some unintended consequences from that move. And we will also ask whether he thinks were now in the clear, away from a potential new cold war with china and whether you need to invest with the possibility that we might not be in the clear. Thats next. With the dow up 63 points, were coming right back. Limu emu doug 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. Liz where you see the dow right now, which is in the green at the moment by 48 points, is nowhere near where it was at the lows of the session, down more than 300 points. But now that President Trump has accused china of breaking its word over hong kongs autonomy if, he doesnt really despite his chinabashing sort of fulfill what investors suspected would be the start of a brand new cold war or complete breakage of International Trade between the two superhero e nations, right . Well, the u. S. Is pulling out sorry, u. S. Not pulling out of the phase one trade agreement, nor did it slap any new tariffs on china at least for now. Lets bring in wall streets most closelyfollowed economist, allianz chief economic adviser Mohamed Elerian with us live. Thank you, mohamed. Earlier, i have have to tell you, we got an early taste of what a new cold war would look like for investors, and it was a pretty bitter taste. Are you thinking that were in the clear now, or are you still worried, and will you invest accordingly . Were not in the clear in terms of tensions with china. There are longstanding, general win grievances. Theyre just going to simmer, and theyre going to explode every once in a while. Its part of a degloballization process that were going to go through. As to the marketplace, i was actually puzzled as to why the market reacted the way it did going into this because its not as if global trade booming, and this would change things. I think what youre seeing more than anything, liz, is at these levels of elevated valuation, some in the market can get nervous quite easily. But the underlying optimism is still going to be driving us for a while, and thats based mainly on the fed, liz. Liz when you think about the first couple of days of this week, mohamed, there was so much optimism simply from states reopening. But im glad that you transitioned to the Federal Reserve. We did have jay powell speaking today in that virtual discussion with alan blither over at princeton university. And, you know, he said that the fed is days away specifically from making the first loans in its main Street Lending facility. Hes also made this interesting admission where he said we know that we crossed red lines in our emergency moves to make sure that the Financial System and the plumbing underneath it would remain clear and moving. Do you see any unintended consequences from having crossed the red line by the Federal Reserve . So they crossed the red line, as we know, to restore normal market functioning and to open the market to credit issuance. And weve had a ton of borrowing by companies. And what theyre trying to do, rightly, to stop liquidity problems from becoming solvency problems. But in doing so, they are risking future financial stability, and theyre risking the functioning of market. Its really important, liz, to remember why we have a stock market. It is to allocate capital efficiently, it is to mobilize capital, and it is to price risk efficiently. And that is critical to our market system. The more the fed intervenes with that process, the more we should be worried about long term. So the important thing is for them to understand that there are up intended consequences unintended consequences, and they shouldnt go too far. Liz well, i have to tell you, we saw only interesting up intended consequences, not all of them bad, from the stimulus. We got personal income and spending, perm income was a surprise personal income was a surprise jump of more than 13 because, of course, the government was sending everybody stimulus checks. You actually could see the transfers from government to peoples personal bank accounts. So that was a sort of a positive move that people did not expect. However, personal spending pleatly cratered to alltime completely crateredded to all time lows. I would have expected that because we had so many states under lockdown. The savings rate ticked up, which i thought was interesting. Are there investment plays you can make from what we saw from this april data . The most important call on this data is why did people not spend. Is it because they were couldnt get out and spend, or is it because they were afraid . And you and i are looking at these reopenings not only to assess whats happening on the health side, but to ask how are people reacting, how are businesses reacting. So were going to get more data. I suspect that people mostly didnt spend, and the saving rate shot up, and personal spending came down by 14 . Thats a record, as you just pointed out, because people couldnt spend. Hopefully, were going to see spending pick up. But lets not fool ourselves. This is a check mark recovery. Its going to be long, its going to be slow, and the hope is we can just keep it consistent and policies can accelerate the process. Liz yeah. Would you invest in the safety of treasuries as we wrap up here . I would invest in shortterm treasuries, but youre not going to get paid much. I think youve got to be careful not to go somewhere else simply because youre not getting paid. Sometimes its better to do nothing than do something. [laughter] liz yes. You know, as they say, you know, on the stage in theater dont just do something, stand there. Mohamed correct. Liz good to see you. Mohamed elerian of allianz, thank you so much for joining us on this friday. The closing bell, we now see it ringing in 43 minutes. Weve turned negative again, not a surprise considering there are many headlines, and maybe people just arent sure, as mohamed said, what will happen between the u. S. And china and the ongoing tensions. For now, the dow is down 19 points. Major valuable payloads for both the spacex rocket and elon musk. The billionaire visionary and ceo of spacex adding to his wealth with a massive boost in tesla pay as spacex gets set to send american astronauts to the International Space station saturday. Details in just a moment on that. And blood money, the hottest new commodity may be coronavirustainted blood. Find out what the cleave clinic ceo Cleveland Clinic ceo and president says about running plasma trials of its own as the price of liquid gold spikes on the open market. Were coming right back, stay tuned. Thats why fidelity offers dollarbased trading. Buy what you want based upon how much you want to spend, even if its just a slice of a share. In this world where peopleupon how muare staying at home, many of lifes moments are being put on hold. At carvana, we understand that for some getting a car just cant wait. Thats why the new way to buy and sell a car is also the safer way. At carvana, you can do it all 100 online from home with a touchless delivery and pickup process to keep you safe. And for even Greater Peace of mind, all carvana cars come with a 7day return policy. So if you need to keep moving, its our goal to keep you safe. Check out carvana, the safer way to buy a car. Liz wow, teslas ceo elon musk is set for an electrifying payday. Quite frankly, benchmarks a lot of people thought he might not hit including keeping teslas market capitalization at an average of 100 billion for six months straight. Well, he did it. He has now earned the first of 12 pay tranches which includes the option to buy about 1. 7 million tesla shares at around 350 each, theyre at 826 right now. Equaling the profit of around 775 million for the electric vehicle innovator. So teslas up 2. 5 to 826. 48, to be exact, and today its market cap stands at 15 is 3. 3 billion 153. 3 billion. So if that doesnt cause hum to dance around doing walk like an egyptian, he does have to get one more milestone over the hump here. After being scrubbed on wednesday, elons spacex crew dragon capsule set for blast off just 24 hours from now. This will be the first manned space flight on a commercial vehicle are ever and the first to launch from the u. S. Since 2011. Liftoff is scheduled for 3 22 p. M. Eastern tomorrow, weather permitting. Let me just stress that, ashley. Weather permitting. You know florida weather, ashley, right . [laughter] reporter yeah, i do. This time a year, good chance for afternoon storms. Well is have to wait and see. All right, glue mobile tmobile gaming the mobile Gaming Company raising Second Quarter guidance as three of its top games, disneys sorcerers arena and Kim Kardashian hollywood whos going to miss that one they continue to exceed expectations. All three setting several daily booking records since the First Quarter report. Nordstrom, though, slumping into the close. A 40 drop in Quarterly Sales due to pandemic closures certainly weighing on the Luxury Department store chain this hour. Nordstrom planning, though, to reopen all its stores, it says, by the end of june. The covid19 crisis also weighing on tyson, the meat producer temporarily closing one of its iowa pork plants after 555 employees test positive for the virus. Tyson looking to resume operations next week, after sanitizing that plant. All right, coming up next, liz will take you to the front lines from the middle seats of the new coronavirus line. What the ceo of the Cleveland Clinic says it will take to get all americans back into the workplace safely and also back on airplanes. The claman countdown is coming right back. 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. And let me tell you something, rodeo. I wouldnt be here if i thought reverse mortgages took advantage of any american senior, or worse, that it was some way to take your home. Its just a loan designed for older homeowners, and, its helped over a million americans. A reverse Mortgage Loan isnt some kind of trick to take your home. Its a loan, like any other. Big difference is how you pay it back. Find out how reverse mortgages really work with aags free, noobligation reverse mortgage guide. Eliminate monthly mortgage payments, pay bills, medical costs, and more. Call now and get your free info kit. 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Liz we gotta talk about the booming business of blood. Not just any blood. If youve recovered from covid19, it turns out your blood has become a red hot commodity. Convalescent plasma, as its called. This is the antibodyrich part of blood, its now selling for as much as 1,000 per milliliter to private labs. One teaspoon has about 5 milliliters, so were talking about a very tiny amount. Should covid survivors blood be treated like a commodity on the open market when more than 100,000 americans have already died from the virus . Lets bring in dr. Tom, hes the ceo and president of the famed cleave clinic which is Cleveland Clinic which is conducting studies of its own. Thrilled to have you here on so many levels. I know youre in the very early stages of a study. How are you using plasma from recovered patients . Well, liz, thank you very much for having me. Were losing using plasma from recovered patients as a part of clinical trial. It is not an established therapy, but it has its early promise. This convalescent plasma is enriched with an antibody of patients who have survived and recovered from covid infection, and it is primarily used to treat patients with severe forms of covidassociated disease, primarily those who are in an intensive care unit. Liz well, were hearing from some other hospitals one in New Hampshire where it appears to work when you inject very seriously ill patients with covid antibodyrich blood. But, you know, were now also hearing stories of private, different blood banks or different pharmaceutical companies that are paying people in 800 gift cards and 1,000 checks just to donate their blood. Is there anything unethical about that . I mean, how does the clinic view Something Like that . Well, we do believe that this is very early stage of our clinical investigation in the use of plasma. We would not support any financial reward for plasma donation. This has to be done in a way that is ethical and structured. Liz okay. I want to move on to your partnerships, because you are looking forward and moving with company like chlorox and some of the airlines, united airlines, on partnering to make sure that they reopen and start flying once again but safely. Do you feel that americans should feel confident about going on these planes simply because the middle seat isnt filled . We do believe that there is a way to bring people back to work and to say a new normal of life by using best practices and creating a safe environment for them to travel often and to work. Very Many Companies have approached this, Cleveland Clinic, to help design those environments. We have put very many measures in place. Very many of those measures are the measures that we implemented in our own hospitals and created a very safe environment inside a hospital. So we believe that our experiences can help create Safe Environments for the industries and their employers as well. Liz in the end, as a business network, were always hearing from businesses who say that the world wont truly feel open once again until we have a vaccine. Tell us what youre doing with remdesivir, because thats certainly shown promise as a treatment. We also want to know from your knowledgeable standpoint whether you believe well have a vaccine by the end of this year. Remdesivir is an antiviral drug that is currently being used to treat severely ill patients can with covid. With covid. Early results with remdesivir are very encouraging. It shortens the duration of illness and is improving outcomes. Yet the complete understanding or the true effect of remdesivir is still to be studied. When it comes to the vaccine, i have to say that having a vaccine by the end of this year is possible although i would like to say its very optimistic. There is a reason for optimism. There has never been so Much Research effort in any area of health care as were seeing today in the effort to develop an effect i vaccine against covid. But to develop a vaccine, it is a complex and complicated process, and there are very many good reasons behind it. So if we get a vaccine by the end of the year, it would be absolutely wonderful, although i do believe that timeline is probably a bit too optimistic. Liz a little aggressive. We do hear that from scientists and doctors, but we can only hope. One last question, telemedicine. This has been certainly a Silver Lining out of all of this. People have leaned on it. And beforehand your telehealth lines were about 33,400, believe, averaging per month. That number shot up to 200,000. Has it remainedded at that elevated level, and do you feel this is sort of the future of much of medicine . Oh, were very enthusiastic about the use of telemedicine. It will allow us to deliver our high quality care to our patients in the comfort and safety of their own home in a way that is going to be probably more pleasant. It is certainly should be affordable and accessible at the same time. So we are very optimistic by the usage of Digital Technologies for the future of medicine. One really important thing that happened during this pandemic is that telemedicine has been warmly embraced by both patients and providers. And regulators have loosened the regulations and allowed Health Care Providers to provide Telemedicine Services across the entire country. It didnt used to be the case before the pandemic. Liz doctor, its great to have you on the show. Thank you for all youre doing at the amazing Cleveland Clinic. Im a fan. Ilyed in cleveland i lived in the cleveland, i focused on the clip constantly. Clinic. Thank you so much. Thank you, liz. Liz closing bell is ringing in about 24 minutes from now. Yeah, a little bit of red on the careen here, the dow down 45. I remind you we were down 368. Not keeping up with the kardashians. Up next, the somewhat ugly e accusation in the world of kylie jenner. The cosmetics mogul thrown out of a very exclusive club. What shes saying right now about her billionaire dlisting. And as the pandemic continues to hurt Fitness Studios across the country because so many of them have been shuttered, one company is making moves to come back and fight back. 305 fitness founder and ceo sadie is this weeks guest op my everyone talks to liz podcast. Her top wellness picks, tune in on those, and how shes fighting to keep her business alive even as it remains closed. Trust me, if you know a millennial or you are a millennial, you know about 305 fitness. And right now, is a time for action. So, for a second time were giving members a credit on their auto insurance. Because its the right thing to do. Were also giving Payment Relief options to eligible members so they can take care of things like groceries before they worry about their insurance or credit card bills. Right now is the time to take care of what matters most. Like weve done together, so many times before. Discover all the ways were helping members at usaa. Com coronavirus discover all the ways were helping members 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. Liz a lawyer for kylie jenner is telling fox business that forbes new expose which just came out in the last day or so accusing the kardashian sibling of faking documents in order to claim billionaire status is, quote, full of outright lies. So lets just let you know that forbes, after declaring in 2019 on its cover that jenner was the youngest billionaire in history, now the magazine is accusing her of inflating her worth and engineering a, quote, web of lies regarding her wealth. Kylie sold 51 of her company, kylie cosmetics, to beauty giant coty back in january, but forbes now points to new filingsing by coty as evidence that kylies Namesake Company was never earning the numbers that the young jenner claimed and that she may not be a billionaire after all. Well, the reality star not entertained at all tweeting this morning, quote what am i even waking up to . I thought this was a reputable site. All i see are a a number of inaccurate statements and unproven estimations. Lol. Ive never asked for my title or tried to lie my way there ever. Period. Well, theres questions about tax documents, etc. , but hows that for reallife drama . Coty trading down 12. 8 . Major League Baseball hoping to hit it out of the ballpark if, looking to strike a deal with players that will finally insure a smooth 2020 season. Charlie gasparino has those exclusive details for us now. Hi, charlie. Reporter my lawyers going to be calling you for suggesting im not the hottest man alive, i want you to know that liz ill take that ill take that call and agree. For you to suggest such a thing outrageous, and my lawyer will be in touch. [laughter] was that funny . Sorry. Anyway, lets get to major League Baseball [laughter] there was, as you know, there was a proposal by major League Baseball for the 2020 season, a whole host of safety precautions. You cant spit, highfive, hug, you know, you can play baseball with no fans, and then there was a salary proposal which was essentially a revenue cut. The players said huhuh, not going for, not going for excuse me, a revenuesharing plan. Sounds too much like a salary cap, and weve been fighting for years even if its a onetime thing during a pandemicshortened season. Mlb came back with a sliding scale based on the player salary and the number of games. It was a formula. Players are now expected to come back with another proposal, and that proposal from what we understand could come this weekend. It has to come fast because they have to start spring training sometime soon if they want to open up baseball and salvage the season by july 4th, which is the target date. So what were hearing is this, the mlb, were getting it from some sources inside the mlb, they are expecting the players response to a new salary proposal to come in days. So look for maybe this weekend. Thats what ive been told, you know . Listen, for all i know, it takes us into next week, but, you know, people are saying it could come this weekend. The way the mlb players are expected to go with their proposal is Something Like this we dont want salary cuts. We want, you know, our salaries, player salaries, thats their salary. It gets prorated based on the number of games played. They want with then to have more games, they could possibly i think the league wants 80 games, 82, i could be wrong on the exact number. They want to try to expand that so they get more games, the salaries for the players are prorated. And were also hearing that theyre asking for deferred compensation, that they get paid maybe next year. At least thats what the league thinks is coming out of the players association. Obviously, the exact document has not been proposed yet. Again, understanding it could come this weekend, so this could be a busy weekend. It has to come soon, liz, if were going to have a season. You have to have some spring training if you want to start the season on july 4th. And, you know, if you dont start the season on july 4th, you know, youre wasting the summer away. You know, its not football coming very soon, at some point its not worth it. So at least thats what were up against. I will tell you this, the league, people i speak to, theyre still pretty confident. They think theres going to be some deal reached. The league has already got off the notion of a salary cap. Thats where you cap a players salary, 50 50 was too close to that, so theyve come off of that, and theyll go back and forth. Again, this weekend could be a big weekend for this, liz. And my lawyer will be in touch with you momentarily. Back to you. Liz i will, i will take the call, charlie. Weve got some serious news to bring people right now. Breaking news, video right now, live pictures of protests breaking out across the country at this hour. You are looking at pictures of both new york city on the left and houston, texas, on the right. This as fastmoving developments in the george floyd case in minneapolis continue to develop. That city, of minneapolis, has been wracked for the past 24 hours with violent protests, fires set and looting over the past several hours. Of course, authorities Just Announced in the past hour that the former police officer, derek chauvin, seen in the original video of an arrest of george floyd using his knee to pin down george floyd who, of course, was the africanamerican man who later died, that officer has now been arrested and charmed with thirddegree charged with thirddegree murder but also seconddegree manslaughter. An investigation into the three other officers present at the scene, a couple of whom were also leaning on George Floyds body, we are waiting to hear more about that. We do understand that protesters set fire to a police station. The National Guard has been called in for minneapolis. But as you see these protests develop across the nation even in the wake of the arrest of the officer in question, we will break in with any developments if any more of these pictures come available to us and any more details on this developing story. Closing bell ringing in just under 12 minutes. Up next, taking a hard turn here, but weed stock. Canopy growth taking a bit of a bad hit at this hour. But our countdown closer has one pot stock that he says set to take your portfolio to new highs. The claman countdown coming right back. Dow jones industrials down about 71 points. G you can spend what you want, even on just a slice of a share. If. Liz eight minutes to go before the closing bell rings on this friday. The dow has just turned positive again. What a friday this has been. [laughter] a lot of people have tuned into my futures at 6 p. M. Eastern on twitter live, and they say, oh, god, fridays always tough. This friday has been wild, a little tough, but looks like the bulls are pulling one out. The nasdaq up 119. But let me show you this last trading day of the month of may a what a good picture we have actually seen. It looks like the dow will close up 4. 5 , the s p will gain 4. 5 , and the nasdaq a winner here, up 6. 7 for the month. Can you look at the roll tilt index . Today volatility index . Earlier today it was up 3, 4 . Now it is down about 2. 9 , probably on the belief that the president is not going to start a brand new trade war with china at least for the moment. We get back to Ashley Webster for im dying to know some of the weeks biggest winners, but also the losers. Ashley of the month, liz, its going to be june 1st on monday. What the heck happened to may . Its just gone by in a funky blur. Lets take a look at some of the winners for you. Home depot up, as you can see, more than 13 . Solid organic sales growth, leader of the Home Improvement retail sector, you could say, and also one of those few companies that manages to thrive in the age of amazon. Take a look at zoom. We know why their company has done so well in the lockdown period. In the month of may the stock up 31 , nearly 32 . The question is how much of business can it maintain as the lockdown eases. L brands, the Parent Company of victorias secret, already announced theyre going to close a bunch of those stores, but investors like the fact this Company Still prepared to sell off victorias secret and keep bath and body works which does much better. Very quickly, the losers in the month of may, its interesting. We have verizon on the list, verizon down 2. 3 . Not a huge loss, but it has struggled. Its also, you know, look, it does pay a dividend of 4. 6 , but it also, you know, reduced its outlook for this year and basically withdrew its guidance. The question is how much into 5g can it get as we come out of this pandemic. United, well, we all know about the airline, do we not, liz . Down 5 for the month or but they are recovering. The tsa screenings numbers proves that, the question is how long will it take before people are confident to get back on planes and start traveling. Of course city e dental, we know whats been happening to the oil package, recovering slightly. This company just slashed it dividend to one cent a share, down almost 70 on the year, of course occidental down 21 in the month of may, liz. Liz one cent. Well take that. Ashley one cent. Liz by the way, oil up 77 for the month. Boy, you could buy it, but where were you going to stash it, that was the problem. [laughter] ashley, thank you very much. Breaking news i know. Not in my backyard. All right. Any minute now President Trump is expected to meet with retail, lodging, hospitality and dining ceos at the white house to talk about getting back to business and to reopening the american economy. But no matter how rocky or blocked the road becomes, our countdown closer says always, always be invested in stocks no matter what. The host of the butter show, Todd Horowitz joins us live. Were talking about a rocky road, but look at the month of may. Lets say we see traffic jams ahead, which stocks are you still picking today . Liz, its great to be back with you and, listen are, you want to get high with a little help from your friends, right . If im looking at til ray as a player because i think, you know, again, i believe that the federal government will eventually legalize pot throughout the nation. And that then opens up those stocks to be invested into by major funds, and i think tillrays going to be one of the places they run to. The stock was at one time over 300, i think its a great value play here. Its got a little bit more risk than normal, but i think its a great value play. You have a chance for a huge possible return. Thats one of the ones im looking at. Liz why that one over canopy . For such momentum plays, you have to be careful when youre looking at a hot sector because, boy, did this one turn cold. You know, i think that i just i pick i watch them all. I watch canopy, i look at em all, and tilray seemed to have the best opportunity to make the big explosion. Again, i think the overall return could be much bigger, and i think my risk is really less when it comes down to it. This is like a risk reward, a little higher risk play i would normally make in my longterm portfolio, but a play i think is well worth making. Liz okay. Carnival is also on your list, i find that interesting. Yes, the president is going to be talking to lodging and travel and leisure companies, but carnival and weve had arnold donald, the ceo on, and he says science will dictate when they start putting their ships out on the water once again. But we know its not going to happen well, you know, liz i think carnival is, they were the number one in the industry, they are very wellbudgeted for everybody and i think people are going to want to get away. They may not be on cruises tomorrow but im hearing a lot of people are already booking cruises at really drastic rates but i do believe the hospitality and Leisure World is going to come back and where else can i park money with a huge dividend at 13 or 14 a share at 11 or 12 a company thats proven over time will grow and again, if the leisure industry fails we have a lot bigger problems than Carnival Cruise at this price here. The entire economy could be in jeopardy but i think overall, i think carnival is a great, another great value play thats actually paying you one heck of a dividend when you sit and wait for your money and i do believe that the industry is going to come back strong because they price it to get people to come and i do believe what were going to see a cure and a vaccine for the virus, and eventually i think all things go away and i think five years from now youll regret the fact you didnt buy carnival now. Liz todd its great to see you one last comment youve got to tell me what do you expect for june really quickly . Well right now the markets are going up liz, so i cant get in the way of the markets going up. I think theres rocky roads ahead and weve overshot our target but until the market stops going up theres no reason for me to say well this is it. At some point i think were going to see a Pretty Healthy pullback, but for now maybe we make new highs well see what happens thats all i can say because i wont get in front of the fed, and right now if it wants to go higher. [bell ringing] liz dont fight that fed, Todd Horowitz, Market Action in the green on this final day of may what a nailbiter its time for after the bell have a great weekend. Melissa keeping the trade deal intact a turnaround on wall street after President Trump made no indication of pulling out of the agreement with china, the president did announce that he will pull the u. S. Out of the world health organization. Im melissa francis. Connell im connell mcshane, on this friday, we welcome you to after the bell and was there a real turn to the upside for stock, the s p and the nasdac firmly in positive territory the dow was down 300 points at the low of the session and now moving between gains and losses well see where it settles looks like itll be a little lower down 17. 5 points at the close. President trump is about to hold a round
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