Names mascots, redskins and indians feeing the heat. Is this moment of time being, i will ask former nfl star, Burgess Owens. All that and more on making money. Charles folks, really disturbing news over the weekend. We normally start with markets particularly when theyre up this big but we cant have prosperity without peace in the nation. That is the topic of the country right now. Cnn reporting that six people were killed by what they call gun violence t it was bedlam in American Cities this is before Police Departments are defunded. There are issues nobody is discussing. You have to ask yourself why. Why does the media insist blaming inanimate objects for the actions of human beings . I would like to bring in foxs liz peek with more. When i see the headlines gun violence may have killed five children it is heartbreaking. I dont know if we get to the root problem of this if were not honest. Other human beings are trying to harm other people, often people that look just like them for a variety of reasons. I want to get down in there, figure it out, fix it, so we all can have a more harmonious society. Charles, i agree with you 100 but honesty is hard to come by when youre talking about a politically fraught topic. Democrats dont want to acknowledge the facts about policing. We know from empirical evidence that more cops on the beat means less crime. We know that enforcing laws that are small leads to less crimes that are big. All these things run counter to the current democrat enthusiasm for letting people out of jail, no bail and all these issues which really hurt new york. I think new york, new york is something we really need to look at. It is like a laboratory. We had many years of declining crime, increased safety, no one thought about walking out of their house at night after a decade where that was a risky thing to do. Now were just seeing it go completely backwards. You know chicago is a different story. That is just a city where gun violence seems to be out of control. No one has any idea how to stop it. Charles right. But new york, as i say, is sort of a test case and what we know is letting people out of jail who are criminals is not a good idea. Typically they go back or very often they go back and commit more crimes. So right now we have a demoralized police force because even our officials arent backing them up. You have higher suicide rates than ever amongst cops. Attacks on cops go unpunished and not even reported these days. So how many police are charging to the scene of a crime thankfully a great many still are but my gosh [inaudible]. Charles i think the police will do their jobs. Of course my, i go back to new york city, this 1974, so i know it can get a whole lot worse unfortunately. You know, what i would like to see though, liz, is just something more where, it is not even a question about crime or letting people out for, for instance, putting them in jail for smoking weed. I dont think we should be debating. That i think these large American Cities have failed, particularly black populations when it comes to education, you know, the bigotry of low expectations, watered down curriculum, these kids when they graduate from high school, so many of them liz, are not prepared, are not prepared to go straight to work, not prepared to go to college. You can force a college to accept them and youre not doing the college any favors, not doing the kids any favors this is the real sin of these cities, these progressive cities that purport to try to fix these things on the back end, to your point by letting people out of jail who have assaulted someone. Thats dumb. How about we provide them with education, with real authentic opportunities . Get the andy coopers out of the way and get them in the large corporations with the schools to go up the ladder. That is where no one wants to report on this stuff. The roots are the progressive policies, and a mindset that is discriminatory towards black people. They wont admit it. There are some mistakes that have, been made over the decades, charles. One is getting rid of Vocational Training because that was supposed to be racist but it did provide people with an avenue towards a middle class job, something that a lot of black kids dont have that opportunity anymore. They dont even learn to read and write in baltimore schools and in many new york city schools. We are Public Education system. I agree with you, it is failing these kids. It is the charles its awful. Its a awful. It is democrat hypocrisy that they wont challenge that. Charles real quick i have to ask but the latest target of mobs ripping down statues. Frederick douglass, in rochester, new york, ripped it from its base. Makes you wonder if the folks reading books, maybe, liz, true nature of this movement is to destroy all American History, leave a vacuum if you will of confusion and anger in their wake . Maybe that is what theyre trying to do . Well i do think they want to destroy American History because americans are proud of their history. They dont like that. They dont like us celebrating our country. But obviously Frederick Douglass is the most horrible target for this mob because he was obviously a very important abolitionist. More importantly, charles, maybe, he was willing to work with everybody. He was a really generous human being in terms of sitting down with slave owners, trying to solve real problems. Maybe that is what they dont like about him. Charles i dont know. Maybe it is something but makes you wonder whos next . Liz, thank you very much. Always appreciate your conversations. Thanks, charles. Charles folks, back to the markets, because i got to tell you, we came out of the gate with gusto this morning there were a number of factors. The string of Economic Data recently released are shattering wall street expectations. Including a recorded a digs of 4. Million jobs. That was reported on thursday. Thursday the market popped at open but the s p was low. That was the volume. Check out the volume on thursday. Less than 50 wouldbe buyers wanted to avoid buying or committing ahead of a threeday weekend. I think theyre in the markets. There are other factors. Growing sense that the future earning estimates are way too low. That means you will have key metrics that make the market more attractive. Most of the experts are still busy trying to talk down this rally. However my first guest called the bottom. He has been a bull since the great recession. By the way, breaking news, folks, he just raised his target for the market. Joining me capital wealth markets chief strategist jeff saut. Jeff, how is it going . It is going good. It is hot here in florida. Charles it is hot in the market too, my man got that right. Charles you raised your target. Youve been calling this market. You took heat every time it went down. I saw them rush you on tv everywhere. Lets get that bullish guy here, to see if you can explain this you always did, always have. You see us going higher now, why . Charles, you know the economy is strong. All these economists trying to talk the economy down i think are all wet. You walk around, youre in new york city. Go to the restaurants. Theyre freakin full. Theyre full here in st. Petersburg. The economy is doing good. The economy is on the up take. Earnings as you point out are going to come in better than most people think. And there is 5 trillion of reef tail Investors Cash on the sidelines. So, i mean, before this secular bull markets over, that money will find its way into equities. Jeff, you talk about the Economic Data. It feels like maybe were getting to the point the news could be too good. Maybe you need more bad news for additional accommodation. I say that because this morn when the ism Services Number came out, we saw a little spurt to the upside. The markets lost a lot of ground pretty quickly. Are we to the point where good news is a bad news situation . I hope not. I dont think so, charles. You know, i think theres so much negativity being poured into the economy and the equitying markets and ive seen this act before. Ive been doing this 51 years and i think the market is going substantially higher. Im in your camp. Inin fact, this morning i told people i thought the next 12 months we would be 4,000 on the s p. Charles that is a bold call. Lets talk about the covid19 cases because they continue to climb higher but the headlines certainly not impacting the market like they may have a couple weeks ago and i guess there is an assumption that americans will start to adhere to more of the safety guidelines. Weeing figure it out. Do you think the market already senses well figure out how to coexist with covid19 until there is a vaccine . Yeah, i do. I think the market is turning a deaf ear to the virus. And i think thats the right call because i do think well find a solution to the virus. I think well find some vaccine. I think president said by yearend. I actually think it is going to be before then but i ask the people i talked to at Johns Hopkins where i used to live in annapolis, maryland. So yeah, i think well find a cure to the virus. And i think the markets are looking by that. And if you look at the economy and you look what earnings are doing, you look at the negativity in the market and the cash on the sidelines, in my opinion this thing is going a lot higher. Charles a lot has been made this morning of Warren Buffett finally doing something with his cash. You know, listen, nine billion out of 130 billion. Two years ago he promised his shareholder he would go after a whale. This gas deal today, natural gas deal was a guppy. A 9 billiondollar guppy but a guppy no list. People think buffett is throwing in the towel and that is a bullish sign . I think buffett controls 17 of the pipelines in the u. S. I really like Warren Buffetts style. I mean he just sits back and waits. You know when the rarest commodity on wall street is patience. He waits until bargains come along and then he buys bargains, which is what you need to do in the equity markets. Charles it is hard though, what you say to find bargains . One of the interesting things last week, jeff, only two sectors were down, financials and energy. A lot of folks are saying those groups will come back eventually or should come back. Theyre the most oversold, even energy down again today. Is there, are people making a mistake though trying to get positioned there now ahead of an assumption that they will finally get some buying going into these bigger names . No. The actually, those are two of my favorite sectors, financials and energy. My father used to tell me, good things tend to happen to cheap stocks and the financials and the Energy Stocks are on the bargain table. Theyre cheap. Charles all right. Well be watching them. Jeff, youve been spot on, my friend. Thank you very much. We always appreciate your wisdom. Thank you, charles. Charles hey, folks, disney not throwing away its shot with the huge showing of hamilton this weekend. The broadway blockbuster turned film helped disney plus downloads 72 in the country. The app was downloaded half a million times globally between july third and july 5th. I do find it a bit amazing people are blasting president trumps Mount Rushmore tweet and slave owners represented there. Hamilton sold and bought slaves as well. I guess all is fair in love and showbusinesses. Folks, parts of the country are moderating reopenings, fears of potential Mental Health crisis from the lockdowns, they have exceeded warnings. What you need to know about that next. Fresh off his utah primary victory. Burgess owens will discuss his campaign. The conversation will not end there. Well dive into the push to change the redskins name, Democratic Party showdown on reparations. Im greg, im 68 years old. I do motivational speaking in addition to the substitute teaching. I honestly feel that thats my calling to give back to younger people. 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Were providing affordable Internet Access to low income families through our internet essentials program. And this summer, xfinity is creating a Virtual Summer camp for kids at home all on xfinity x1. Were committed to helping all families stay connected. Learn more at xfinity. Com education. Charles all right. Folks, you have heard the phrase, the struggle is real . That is certainly true when it comes to Mental Health amid this coronavirus pandemic. According to a national survey, 90 of u. S. Healths reported experiencing emotional distrmenp lines for people who fell into depression or suffered from anxiety. That doesnt take into account on the emotional stress on children. You and i had a couple of conversations at the beginning of the coronavirus was spreading, as lockdown orders were going into effect. You cautioned this was going to happen and its here and its worrisome. Some places reconsider locking folks down again. This is one part nobody is talking about but its real. Its real. I was concerned then, im concerned now. The Mental Health crisis has continued this is a tremendous problem and unfortunately what we view as a solution has now become the problem. This locking down arbitrarily unfortunately at times decisions based on fear is a genuine problem. For an example, gyms, that is not a luxury. That is an essential. You have essential places where people are overworked, coming home, feeling physically ill, mentally unwell. The mind and the body is connected. If the mind is feeling mentally unwell from the pandemic the body is going to feel unwell, therefore our system will not be able to fight illness. If our body is feeling unwell, that affects the mind. People are stressed about the money situation in their life. It is real. Families are at each others throat, too close for quarters. Kid, adults, marriages, individuals, personally, professionally, Mental Health is taking a hit in all aspects of our life. Charles so then, what do we do about it . I think we were allowed to go out across the nation, we saw people were not adhering to social distancing guidelines and things like that. I think there was amazing side of relief to be out of the house, right . We know we need it. We know isolation is deadly. What do we do with it, i dont see a real effort to put funding into this, that will help. Im not sure, if schools are going to reopen across the country. That will layer this with even more anxiety and more frustrations. Lets be honest, people who are front line workers, karen, dont make a lot of money and they probably require the kind of help they couldnt even afford. Exactly. You nailed it. The fact is we do need to be putting effort into money into, time into, how to get people out. Kids need school. Adults need the kids to be in school. Thats the facts. So environments where were concerned about social distancing, we do need to figure out a way to adapt to Safety Measures so that people can be out of the house. People are afraid. Some people, to go out even in environments where it is safe, even in environments where social distancing and cleaning is being adhered to. So you have people who are afraid to live their life and that is making them in essence feel isolated and unwell. Then you have people who are going the other way. There is extremists either way. The fact is we need to really make sure that were putting time, effort, into figuring out how do we get people to not just survive but to thrive, to live in this new norm. We dont know how long it is going to be going on for. So we have to live within the new norm. Not be afraid of it. Not hide from it. Otherwise we feel unwell because is out of our control leads to mental unwell feelings. We have to feel in control, we have to have a voice, feel like were making decisions for ourselves, otherwise we feel unwell emotionally. Charles all right. Karen, thank you very much. Always my pleasure. Charles coming up, folks, air travel is my key sign that the economy has moved from recovery to growth. And also stocks as you can see, theyre in rally mode right now as we are set now to enter earnings season. Two of my favorite market watchers share what they think could be the next big buy signal. Well be right back. Throws at you, were always here to help with Fast Response and Great Service and it doesnt stop there were also here to help look ahead thats why were helping members catch up by spreading any missed usaa insurance payments over the next twelve months so you can keep more cash in your pockets for when it matters most and thats just one of the many ways were here to help the military Community Find out more at usaa. Com. Neil folks airline starting to see return to the skies as American Airlines is now booking full flights and united selling as many seats as possible. Now this is a crucial test for these airlines. Kristina partsinevelos is live at Laguardia Airport with more. Kristina . Reporter charles, youre right, this past weekend this, Holiday Weekend is a seen as a gauge for a lot of the airlines. Are consumers comfortable getting back on planes . What were seeing here is a steady flow of traffic but no more than a dozen to 20 people at each checkin counter. Were all numbers from the tsa we saw a travel bum over the weekend. 764,000 people traveled on thursday. That is a little bit lower, down 64 compared to last year but that number is the highest weve seen in the past four months. As we know, airlines are in trouble. Several of them, five airlines in particular did sign a deal with the federal government to get a loan. American lines, hawaiian airlines, privately held Frontier Airlines are in the mix. We dont know exact amount theyre getting but somewhere in the billions of dollars a lost airlines are getting creative with capacity. United airlines and american, theyre selling all of their tickets, including the middle seat. Officials say it is impossible to social distance on planes, no no mat you see youre within six feet. Versus jetblue, southwest, well not sell the middle seat and operate at 2 00 theirs capacity. I want to point out, a lot of precautions as people come back out to the airport, you see the plexiglass divider, one customer didnt have a mask was immediately given one. There are sanitizing stations across the airport. This will be the new normal as Airlines Hope to get the travel back to precovid levels. Back to you, charles. Charles kristina, thank you very much. It is so critical that we get there. Last year the main attribute of the stock market, its ability to bounce back, its resolve. It stumbled into last year, as you remember. It was tested over and over, found ways to rally. That same resolve is evident this year is remarkable rebound weve seen since march 23rd, the question how will investors react with the upcoming earnings season . Second quarter, 2020 earnings are expected to be a sea of red. Wall street sees revenues down 11 from a year ago. Earnings, negative 43 from a year ago but what do we need to hear . We know the news will be bad but what do we need to hear to keep the rally going . I want to bring in Money Map Press chief Investment Officer shah ghailani and gibbs investment, erin gibbs. Shah, it will be negative earnings and thats fine, hopefully it will be the the nadir, but what do we need to rally into the earnings season to keep this going . We want to see some help. When we look at earnings, Second Quarter is just a bloodbath looking at, i am down 45 but when we get the Fourth Quarter of this year, we look at contraction of about 14, 15 . So, now a lot of companies have stopped giving guidance. Were getting more clarity, lockdowns are eased, we would like to see a little or some positivity about rebalancing as they move forward. But, again, a lot, were still very much market. It is not so much earnings growth. It is about counts and how open china is, open borders that type of thing. And whether people can return to, you know, new normal but slightly more open economy where we can spend. Charles right. I think youre really going to again focus on those growth stocks. They have a much better outlook than the value stocks. Were looking at earnings contraction and large cap. That will push us through for the second half of the year. Charles all right. So large caps, keep an eye on them. Of course, one of the things that has happened during this period is that the Larger Companies have gotten larger as smaller wouldbe rivals are going bankrupt or living by the skin of their teeth. Shah, i remember in the great recession, we used to celebrate green shoots, smallest sign the economy was coming back. We celebrate that as a nation. Also visibility. When Companies Finally started to have visibility, those companies were really rewarded during earnings season. I think this time is a little bit different, charles. I dont think the visibility we saw back then will be the same thing were going to see. What i think is going to happen, were going to see earnings beats. Well see a lot of positive surprises. Analysts knocked down earnings so hard and fast, based on what management has told them and guided them. They would not be giving guidance publicly in terms of analysts, in terms of discussions that analysts are having with management and their connections with these companies, analysts are knocking down their estimates. I think well have a pretty surprisingly good earnings season. The numbers will be horrendous. I have some revenue numbers down north of 80 . It is going to be a bloodbath. It is just a question of will these, whether more beats, more surprised positive earnings than negative. I think if there are, the markets will continue higher. Charles talk about the market continuing higher, shah. Last week energy, financials, those of the 11 s p sectors, those are only ones down. It got us away from the notion of rotation, right . Remember, we were going to leave value, growth going into value. That spells miserably. At some point rotation will actually work. If it does, does that mean the overall rally is derailed . Can they coexist . Somehow the names that are underperformed mightily start to get a bid . Still the overall market continues to go higher . Yes. I think they work beautifully together, as they have started to see. At Second Glance it looked more like speculation. It looked a lot of buying of beaten up stocks, but certain live wasnt a degree of rotation there. Well continue to see that through the rest of the summer especially earnings season that bodes well for the market. Well see all sectors start to rise. There is so much institutional money on the sidelines, charles. It will have to chase all the names higher, think we get another leg in the market. Charles erin, i know youre often contrarian. How much patience then, you mentioned large caps, do we need . You know because someone like Warren Buffett, he waited out this whole thing. Didnt buy the dip. Had 130 billion. Finally made a move today on a fraction of that. The average investor may not have that kind of patience and certainly that kind of money. What type of patience do you need looking to buy nonperformers right now that may be attractive but not moving yet . Im looking at at least 12 month looking ahead. When you look at the Recovery Time expected, particularly for small and midcap stocks. This is, you know, majority of our economy, the economy, not the stock market obviously. That is really going to be the recovery and the true availability real profits and poe potential growth and profits. If you expect profits from Smaller Companies with the biggest potential you have to wait 12 months there are good midcaps out there, a couple, that, i think, if you can wait 12 months, just make it a small percentage of your portfolio, that is where youre going to win big. Charles all right. Meantime, so interesting. I just learned today that the russell 2000 has entire russell 2000 has smaller market cap than microsoft and apple combined. I dont know that i thought we would be here. Shah, erin, thank you very much appreciate it. Washington redskins are reviewing a name change amid mounting pressure. Will other teams follow . Im looking at you atlanta braves. I will ask nfl player turned congressional candidate Burgess Owens about this. Why he is opposing the league, opposed to the League Playing the black National Anthem before football games. Well be right back ech. Find a stock based on your interests or whats trending. Get realtime insights in your customized view of the market. Its smarter Trading Technology for smarter trading decisions. Fidelity. In a highly capable lexus suv at the golden opportunity sales event. Lease the 2020 nx 300 for 339 a month for 36 months. Experience amazing at your lexus dealer. Charles the Washington Redskins now beginning, a quote, thorough review of the nfls team name after corporate sponsors including fedex and pepsico calling for a change. Target and walmart pulling merchandise from online stories. Cheryl casone with more details. Reporter target, walmart, just the latest names urging the Washington Redskins and their owner dan snyder to consider changing the name of the team as respect for the nativeamerican community. The idea of nativeamerican themes and mascots is not respectful is not new. Stanford University Dropped the name indians in 1972. Whether names, traditions, logos, mascots, as of friday the nfl team is conducting a review to change the long criticized name. Likely that will happen before the start of the 2020 season. Just hours after the football preverbal cleat dropped. Baseball Cleveland Indians are considering a name change. A year after they retired their mascot, chief wahoo, hoe many thought was racist. San francisco, warriors, philadelphia warriors, they once had a logo a stereotype of native americans. The list goes on and on. A lot of teams have changed. What has changed today, not society asking for a change but largescale corporations but major football sponsors like pepsico speaking up, Washington Owner dan snyder said he would never change the team name seems to have a change of heart. He said in a statement, the allow the team to take into account the not only proud tradition of the history of the franchise but also input from alumni sponsors and the nfl. Even Roger Goodell is weighing into the debate. He says the nfl is supportive of this important step forward for the redskins. Goodell a lot of time not weighed into the issues. Questions are out there, send it back to you, charles. Of the kansas city chiefs, atlanta brave, hockey with a team called the blackhawks. Chicago, the list goes on and on. Is this beginning of something . What happens to all those High School Football teams for instance . What do they do . Its a large, large topic. Charles yeah. It really is, it is interesting, i just checked out Stanford University because it might have been admirable they dropped mascot, they took in 0. 36 native americans who wanted to go to the school. That is another area they might help native americans even more than a mascot. For more, bring in former nfl player, current utah congressional candidate Burgess Owens. Burgess, first of all you won the republican primary. You have a shot at a house seat. What does it mean for you . You have been a hard critic of Political Correctness. You predicted things last several years since i have gotten to know you, your warnings, what will happen in america are happening but just this moment in time for you and our country . Charles, first of all, so good to talk with you again, my friend. I think personally, charles, this is a great moment for us because i have so much faith in the american people. We happen to do the right things at the right time for the right reasons. We have a history of it. What happens post talking about in the past, socialism, marxism, hypothetically, what happens when the left is actually going to take over and we see tyranny, weve been talking about that for a long time. We now have a chance to see over the last few months, how it looks, how it feels. We have a lot of good feel on all sides of the aisle, republican, democrat and independents that are hurting based on a lot of things happening from democratic mayors and, and governors. So at the end of the day i think we can start having a conversation what do we want our country to look like . Do we want to hold on to our culture . To have faith, dreams and a future or go to the side were seeing now, a lot of anger and destruction and, Political Correctness . We need to get back from that. I think well do that over this period of time. Charles well, burgess, you know, our country has also evolved right, from the very beginning. That evolution is essentially moves us closer to a quote, unquote, more perfect union. Yeah. Charles that brings us to the topic of the day, right, the redskins and other teams undergoing review of the name. Youve been critical of the nfls plan to play the black National Anthem and a lot of kneeling going on in sports s this moving in the wrong direction for you . Lets remember what we the people have always done. We fought very, very hard to be a united country. I will be honest with you, 10, 15 years ago i think we were a lot closer in terms of get together point we were looking at each other inside out than outside in where we are now. Think about what this does. First of i grew up, beautiful hymn. I grew up at time of separate by equal. Our race was very, very proud of what were doing. The song itself talks about good, talks about our country, but 75 of black kids in california never ever read that because they dont understand those words. Comes down to this, we have Something Like that, are whites expected to stand for the black national an them . Are blacks expected to stand for the National Anthem . Are we talking about division. Were coming under one great symbol, that is what the flag stand for. Cannot lose that. Cannot leftist progressives take away from the concept. Charles right. Lift every heart and sing was booker t. Washington, black excellence, 1900. To your point its a fantastic song. Adding all the National Anthems could become a problem. I have less than a minute, get your take on reparations. New York Times Magazine out with a piece, called what is owed. Now were hearing it more and more. Im hearing it on television. Im hearing it in democratic circles. I think this will be a major issue at the Democratic Convention t could be an issue going into the election. What should happen with reparations for slavery . Will not happen. That is always a good talking point. Let me ask democrats this. 30 million slaves around the country, around the world, 10 million children are enslaved for slave labor, for,org organ donors, we have a way to flight slavery. Lets not talk about what happened 200 years. Talk about the people around the world caught in slavery coming across our borders, put into slavery. In todays society. Lets do something about it. Right. If you want to do it, lets go for it. Not to talk about 200 years ago. It doesnt matter. What happens right now does matter. Burgess, congratulations once again. Hopefully well be talking to you soon. Maybe next time as a congressman. Thank you. Well talk. Thank you, so much, charles. Appreciate it. Charles heres a question for you, folks, are american women today more free than they ever have been with unlimited opportunities . I have a special guest that says the answer is yes but society is trying to tell women their American Dream is unattainable. Well examine that next. Tada did you know Liberty Mutual customizes your Car Insurance so you only pay for what you need . I should get a quote. Do it. Only pay for what you need. Liberty. Liberty. Liberty. Liberty. vo touch and go. Handwriting recognition and the audi a4. Charles 4th of july holiday bringing, renaming focus to the American Dream. Everyones kind of looking at. That you know there is gallup poll for last summer, very relevant, women were less likely by large margin to view the American Dream is unachievable. Its a situation you would think probably is worse now considering women are on the front lines in the fight against the coronavirus. I want to bring in iwf senior policy analyst inez stepman. Inez is that even true what is the American Dream for everyone . What do you think about this . I bristle sometimes when i see these kind of polls . Look, its very sad to see these numbers. It is driven primarily by young women, right . It is driven primarily by women in my generation, millenials and generation coming up after me. They believe that america is sexist. Objectively this is never been less the case, objectively, prior to the pandemic, and the economic downturn we had the lowest Unemployment Rate for women since they started recording those numbers in the 1960s. Women wield enormous political power. They make up majority of the electorate in every election. We earn majority of the degrees. No way to cast women, that is the message coming from schools and corporate boardrooms. That is sad young women will believe that message and that is what we see in the poll. Charles you can certainly argue coming from media and hollywood in particular. Actress Cate Blanchett saying this weekend she had to put her personal values aside to play conservative icon, Phyllis Schlafly, that it was easy to say she was a crackpot and but profoundly influential. Backhanded compliment. You wrote an oped the serious producers made enormous error that Phyllis Schlaflys ideas would sound ridiculous to most of america as they did in hollywood. Belittling women being housewives, homemakers, things like that, certainly the politicians back then were caught flatfooted by her. Even to this day, youre saying that many dont get the message, they dont understand whats going on. Well its a funny thing about the Womens Movement both then and now. They, as you say they belittled the choices of actual women. Women in the United States today are most opportunity laden generation, the most prosperous generation, most freest generation of women that have ever existed in Human History and yet, when women use that freedom, that extremely important, precious freedom that our society and this country grants to us, when women use that freedom to make different choices on average than men do, suddenly the feminist goes crazy, that it is about discrimination. When all of the social Science Research we see, women simply make difficult choices. Women prefer, for example to work fewer hours on average, even what is called fulltime category. Women make trade offs about flexibility versus career and make different choices about balancing career than men do. This is not a bad thing. We are different. We might be equal men and women, but we are different the fact we make different choices are expected. A lot of arguments that Phyllis Schlafly made came through in the mrs. American series that had a bias perspective against her, as i said in the mistake, they let too many much her wise words slip through, through that hollywood filter. They did. I got to tell you, watching it, knowing how much bias there was, i would recommend that people watch it because i think to your point enough slipped through. I think the acting was pretty good. I dont know that people know enough history. It is something to start with, if you hadnt seen it before and you never heard of Phyllis Schlafly which too many young folks havent. Absolutely. It is timely. Were fighting same battle that Phyllis Schlafly was fighting, ratification of the equal rights amendment. To see a lot of history, helpful, Cate Blanchett, politics aside, did phenomenal job how she spoke and i think it is still worth watching because i think the arguments Phyllis Schlafly made against the era and feminism are relevant to our old times. Charles inez, i thought about you when i watched it last week. I caught up with the entire thing. By the way, folks, thursday, 1 00 p. M. Eastern, please join neil cavuto in a virtual town hall. America together, open town hall she will real estate pioneer barbara corcoran. Is america undergoing a rapid and drastic change. Feels like we are. Send your questions to fox business on facebook or instagram. You can also email us at invested in out at foxbusiness. Com. We havent broken key technical resistance levels. Folks, we better break out soon or this rally could be derailed. I will tell you why with a special guest after the break im an associate here at amazon. Step onto the blue line, sir. This device is giving us an Accurate Temperature check. Youre good to go. I have to take care of my coworkers. Thats how i am. I have a son, and he said, one day im gonna be like you, im gonna help people. Youre good to go, maam. I hope so. This is my passion. If i can take of everyone who is sick out there, i would do it in a heartbeat. Charles we got another day of green after a week that saw stocks surge more than 4 but theres still some technical hurdles, folks, that we got to get across. Joining me to discuss, money morning. Com chief technical strategist, d. R. Barton. The s p and dow, they keep coming in the shadows of those key resistance numbers. I worry because i think you keep bumping up against resistance and you dont break out, that means you pull back after a certain amount of failures. It wouldnt be the worst thing in the world but you know, what are you looking at . What are your key numbers on the upside that may put some extra fuel into this rally . Yeah, charles, the break point we have been talking about for a long time, we have been in a rectangle we are trying to break out of now, shortterm resistance. The longerterm resistance, three, two, three, three, 3233 on the s p, about 27,580 on the dow. Those two numbers at the same time, back just before that big drop we had, the highs we made that week. We get through that, we will go up and test alltime highs in the dow and s p, just like the nasdaq has been doing. I think this time, we have the fuel to do it. Charles you know, its so interesting you mention that. A guest earlier in the show mentioned all the trillions in dry powder thats out there. To your point, even if you are a fund manager, you dont believe in the market, you dont like this rally, if we break out, they will have to buy, arent they . Yeah, they are, charles. I think all of that dry powder is one of the great reasons this is happening. We talk about trillions of dollars of new deposits coming in just this year, 3 trillion in the Second Quarter alone, in the first half alone. That money is going to go where its treated best. Right now, thats in the stock market. We saw china taking off, we are seeing Central Banks around the globe helping this thing out, and if those folks are saying hey, we have to disconnect with the economy, are going to sit on the sidelines, they are going to lose out. They cant do that. They cant be wrong for long, charles. Charles you mentioned Central Banks. You talked about impetus for this market to go higher. Its still important that the market believes jay powell is ready to add more accommodation at some point. Well, you made the point earlier in the show that i actually agree with, that when we had that great nonmanufacturing ism number this morning, really great, much better than expected, the market popped and then sold off really hard. I think we are getting to that balancing level where good news, if its too good, if its too enthusiastic, people will start worrying that the fed might not add more juice to the punch bowl. Charles i want to share with the audience, i know you still like amazon, again, a couple weeks ago i heard a target of 5,000 on that one. Qualcomm. You also like hyg, which is your corporate bonds, right, the high yield corporate bonds. Got less than a minute but explain why thats so attractive here. Yeah. So this is something unprecedented has happened. You and i talked about it before when the fed said they were going to start buying corporate bonds, just the mention of that sent things up. Then in the next directive they said they will buy high yield corporate bonds. So theres basically a Jerome Powell charles thats it. Underneath the bond market buying on every pullback. Charles the fed is our friend. D. R. , always appreciate it. Cheryl casone, not a bad rally as you fill in for liz claman today. Cheryl not bad at all. We will continue what we started last week. Thank you very much. No fourth of july hangover for these markets. We are seeing more fireworks on wall street. Some of us actually missed the real fireworks over the weekend. The dow up 346 right now, s p up 39 and the nasdaq is headed for a Third Straight record close as investors say positive signs the economy is bouncing back from the coronavirus lockdown. Nasdaq up almost 2 , best performer of the three, as you can see. Nasdaq up 194. This is all coming as warren