Go find somewhere else. Charles it works easier leaving the coming end. Theres no locks on the inside of the doors. Liz great to see you. Buck let for a huge week was somebody potential drivers you are going to need charles and me to keep you and your money on track lets start with here now a nice rally as we kickoff the final hour of trade, it was even further just a few minutes ago the dow gaining at the high of the session 460 points right now were at 375, the s p which had fallen 43 points on friday is up 61 blanking out all the losses and more back about 5000, we have the nasdaq better but 222point to 1. 5 and the russell 2000 which showed a small gain on friday adding more 27 points at the moment after an atrocious week for the nasdaq that lost five and half that was the worst Weekly Performance since 2022, we need to look at nvidia a big part of the nasdaq loss was attributed to the heavy chunk that snapped off the magnificent seven rockstar friday the a. I. Chipmaker plunged 10 that was the biggest oneday decline ever for the stock it is gaining back 4. 5 at the moment were 35 box 2797, still year to date shares of looking at a 60 gain, not bad earnings front and center for. Seven, four of them report quarterly numbers tesla tomorrow then meta, google and microsoft first up tomorrow after the bell the ev maker shares of tesla at the very bottom of the nasdaq 100 down three and a quarter marking another fresh 52 week low, investors waking up to a hangover from last weeks recall of 4000 cyber trucks due to an accelerator pedal issue in a pile of fresh headlines including price cuts of u. S. Chinese and germanmade model wise exes and asses, as the stock began to recoil we go back to december, the future funds gary black was already peering his 100,000 share stake in the company. Coming up gary is here to explain why the new price cuts are misguided and damaging but he will also tell you when he will push the buy button hes not totally out he wants to push the buy button again and will give you the level he needs to see. Lets look at bitcoin which dip below 60000 friday the much awaited having event. Right now trading hands at 66350. A nice move up 3 on the upside, what is next as a catalyst for the crypt of record, bitcoin billionaire brock pierce is going to join us live, lets throw the same question at the market overall with the third of the s p ready to report earnings this week will that be the thing that propels or pulls back equities. Were joined by ubs private Wealth Management allie mccartney, we are emerging from but a lot of people felt was extreme pessimism but i dont know if thats even really fair, we have to get perspective. The s p looked at sixmonth returns. That are the best in Something Like 80 years. Its crazy, with your talking about a pendulum swing thats gone from over enthusiasm and extreme optimism pricing in the goldilocks scenario and rate cuts of 150 basis points at the beginning of the year to what feels like a lot of pessimism. 19 jump over six months. Its pretty crazy, that. Seven had a lot to do with nvidia in the First Quarter of the year was 20 of that move, what we are seeing now is a rereading of Interest Rates and a rereading of how the fed is going to deal with the strength in the economy. A little bit of sticky inflation and resilient jobs market, great consumer sentiment. The market is trying to find its feet between interestrate movements and earnings as you discussed. Focus which way to aim the focus the laser point on the horizon. If you look this week it could be the economic data. We can put up a calendar tomorrow were getting gdp im sorry wednesday gdp, thursday we have durable goods wednesday, gdp on thursday and that will be for the first. And friday the biggie the inflation gauge core pce, what are you looking for here what will that do for the markets or even meet expectation. If it meets or beats the market going to continue which has basically been driving the markets here which isnt a lack of selling pressure is a lack of buying back into the market with the cash on the sidelines and you should expect the gdp is going to be strong, that is going to continue to be so, you should expect the pce to have that component where oil has been as basis points for the pce and were looking for directionality, the market right now is pricing in 46 48 basis points of interestrate cuts. Liz if we could put up the financials on the screen, something that would show that indicates theyre doing very well today but then they done poorly that there was a perception that the fed will not cut rates until the end of this year, certainly by september. Financials has been a beneficiary of having Net Interest Income in a very long time with Interest Rates but then the concern if rates go down what does that mean for them. We saw them lead off the season with a lot of strong words about their clients both on the consumer side and on the corporate side and a lot of them were not seen bad credit losses and they let reserves out. Theyre doing well, the question is going to be what we see this week. We think earnings are going to go up 6 9 this year followed by 6 next year. Goldman sachs, j. P. Morgan, clearly the financials are having a great day lets talk about valuations in the s p 500 and theres still a little rich, 21 times forward earnings, the historical average is more like 15. If you start to split that out it is rich, dont get us wrong, the target for the end of the year is 5200 where weve been for a lot of this year already. As many go is 5700. 5700 is probably a stretch, you never know. Our best Case Scenario is 5400 and is solidly at 5400 for Wealth Management 52, i think we could get there. The earnings number in the evaluation number were full valued but also driven by a few stocks the high market cap. As you start to see all of the others come into the market in the gap she very seen happening with value stocks coming up and coming to meet the Growth Stocks was small and midcap coming back as they look to last costly debt. I think you will see continued market breath. If you see continued market breath and you continue to see that driven to earnings, the other w thing about earnings not only are we looking at her news for this quarter but were looking at what were guiding for next quarter and that remain strong. That is where to look and the markets are going to have to look at the pc on friday. Liz at the moment the devil 358 and the nasdaq powering ahead by 217. Thank you very much. One of the former Growth Stocks, we have to look at is tesla more headlines hitting tesla according to a bloomberg report, the ev maker has cut its entire Marketing Team this move comes less than a year than elon musk approved the company taking a traditional advertising str strategy, so much for that they disassembled the new unit lets bring in future Fund Managing partner gary black he recently pared back his funds 100,000 share position in the stock. How much do you have now and why do you begin peering back well before this big downturn began. Weve been. A back for 18 months this is our largest position to september 22 it was 12point to percent and today its about 26, 27. What we didnt like was the fundamentals look like they were deteriorating and they started to cut price which we thought was senseless and cutting price is fine if you mention cost decline but they were starting a price for which they did in china. Its come back to bite them. When elon started to cut price he was trying to clean up all the inventory discount, basically discounting inventory in the inventory discount, lets drop the price, what happens is you start training consumers to wait for a deal and the inventory discounts came back at the lower prices, thats what happened the last 18 months, one of the things that got us nervous, the price cut seem to be continuing and remember we had a cfo there who gave a promise last year that margins when a drop below 20 in Gross Margins at a 15 range in one of the things that concerns us, elon will say things like we can bring Gross Margins down to 0 and make it up on fsd which we think is silly people are not going to pay, its 8000 or 99 a month and less is perfect and actually drives itself which it doesnt. Weve always been back to the advertising team, trying, educating people who own eyes cars and internal Combustion Engine cars, why evs are better and why theyre cheaper, the charging convenience, more power, good for the environment. Liz he is not doing that he has decided they should not do that. With the low numbers in japan i believe a month or two ago where he said maybe we have to advertise, maybe were not just a different car company anymore which brings me to afford, for it is the best performer on the s p 500 today under real dramatic announcement and maybe it has to do with the fact that volkswagen in the United States and their workers just voted to join the uaw which means you might not have a wage gap between ford and volkswagen, when you look at how ford is trading do investors have to look at tesla as another u. S. Car Company Versus some Technology Company or a. I. Technology as Professor John galloway likes to say lose the jazz hands your car company even as he says lets go to robo taxi. Tax tesla is a tech company. It trades at 60 pe Card Companies like ford and gm trade at six times because people rightly or wrongly still believe that tesla can grow unit that 15 or 20 and earnings at 25 or 30 but the pe multiple is being called into question because now you have volumes actually shrinking volumes of the First Quarter shock by 8. 5 we expect them to shrink for the full year of 24. Back i went to the worst of both worlds price cuts and the consumer has been trained for more price cuts and i have volumes falling in tesla will say this, the in between two growth rates. That gets back to the 25000 which we were very helpful. That was supposed to come out late next year one things were going to listen to, is also happening if it doesnt its good because the multiple because you dont have the growth. Liz lets talk about the price target that you have which is 200 a share. Yet youre not in the stock, when do you think that happens and is a have to hit that before you buy it we have it at 142 right now. Price targets are theoretical numbers, there based on discounted or earnings discounted back. The Reference Number its one data point will be use will be think about we still own tesla but is small compared to where was we feel like we de risked it but we look at estimates and whats going to happen over the next few quarters in terms of volume and margins and the challenge that we have, because elon musk seems to be back in the motive, lets cut price to move volume you can see estimates fall further, our downside price target is the upside, our downside we think the stock would fall to 120 level if the market says the good to keep cutting prices ended only put us at 40 50 and today is trading at 60. For not ready to pull the trigger and own it inside like we used to we just dont see a clear path to getting back to 25 or 30 growth, i could be convinced that 25000 car was going to come out at the end of next year, i think that is future expanding to the mass segment, if i could be convinced we would be more optimistic but thats not what im hearing elon musk say that is something well be paying attention to tomorrow. Liz asked to. Thank you very much. Gary black, lets keep in mind that elon musk almost lost this company when all the shortsellers were trying to crush it and this past year the model why was the most popular car on planet earth, the bestseller. Elon musk tries to set tesla, fox nation take a deep dive on the billionaire im part of the team trying to answer the question who is elon musk. Streaming right now on fox nation and you should watch all the other profiles of the worlds most successful people all this week who is jeff bezos launches tomorrow and who is Mark Zuckerberg available wednesday only on fox nation. Hamas has moved at the moment and we have breaking news, the state department is now saying that there is news regarding hamas, stay tuned. We are coming right back. Is bad debt holding you back . The only limit is the sky its our time you dont want to miss it just a little bit louder its our time you dont want to miss it its your moment in the spotlight all your ambitions. All in one app. Low fixed rates. Borrow up to 100k. No fees required. Sofi. Get your money right®. Sup . Who are you . Im your inner child. Get in. Listen, what you really need in life is some freakin torque. What . Horsepower keeps you going, but torque gets you going. What happened to my inner child craving love and acceptance . How about you love and accept this . Pppppowershot when can i drive . You already are the dodge hornet r t. The totally torquedout crossover. Your record label is taking off. But so is your sound engineer. You need to hire. I need indeed. Indeed you do. Indeed instant match instantly delivers quality candidates matching your job description. Visit indeed. Com hire im gonna hold you forever. Ill be there. You dont. You dont have to worry. I suffer with Psoriatic Arthritis and psoriasis. I was on a journey for a really long time to find some relief. Cosentyx works for me. Cosentyx helps real people get real relief from the symptoms of Psoriatic Arthritis or psoriasis. Serious allergic reactions, severe skin reactions that look like eczema, and an increased risk of infections, some fatal, have occurred. Tell your doctor if you have an infection or symptoms, had a vaccine or plan to or if ibd symptoms develop or worsen. I move so much better because of cosentyx. Ask your rheumatologist about cosentyx. The stock market does. In fact, most people dont find them all that exciting. But, if youre looking for the potential for consistent income thats federally taxfree. Now is an excellent time to consider Municipal Bonds from hennion walsh. If you have at least 10,000 to invest, call and talk with one of our bond specialists at 18002173217. Well send you our exclusive bond guide, free with details about how bonds can be an important part of your portfolio. Hennion walsh has specialized in fixed income and Growth Solutions for 30 years, and offers highquality Municipal Bonds from across the country. They provide the potential for regular income are federally taxfree and have historically low risk. Call today to request your free bond guide. 18002173217. Thats 18002173217. Liz breaking news the state Department Spokesperson matt miller just said at the Daily Briefing militant group hamas has moved the goalpost and changed his commands and the hostage negotiation with israel the talks mediated from egypt and qatar aim to free the 100 hostages including under six americans with two hot wars raging around the world both in israel and ukraine the senate is expected to pass a 95 billion foreign aid package which the house approved this weekend in the senate is expected to do that as early as tuesday and send it to the president s desk and President Biden said he will sign it. Heres the breakdown 60 billion for ukraine. 26 billion for israel and 8 billion for the indo pacific region. Joining me now former commander for u. S. Central command general keith Frank Mckenzie who is the author of a new book the melting point which will be available in june. We are melting right now and if you look at the breaking news i want your reaction hamas says move the goalpost again and israel is the one claimed for the hostages not coming back. As we shouldnt be surprised hamas has moved the goalpost again to get a hold onto the hostages to the veteran and one advantage that they had as they held a larger palestinian population of gaza hostages and human shields for the last six months there to hold these people to the very end im not surprised that they moved the goalpost and i would expect them to continue to do that. They know once they give them up there will be nothing between them and the israeli forces. Liz commander from 2019 to 2022 the israeli aspect of the aid package that were getting now goes to something that youre familiar with a huge portion will go or a large portion to the iron dome the defense weapons that are able to intercept all kinds of missiles coming in from obviously iranian over a weekend ago 300 different missiles and suicide drones attacked israel. Also the money iron Defense System to counter shortrange rockets. Considering iran attacked israel for the first time directly ever week and a half ago, give us your sense of whether the 26 billion is enough to help israel. I think its a good start and what happened with iranian attack on israel is a stunning israeli operational victory in every way you can look at it i rain and snow this in any observer that understands missiledefense knows the scope and scale of what the israelis accomplished with our help and the help of other friends and neighbors in and out of the region. Is largely the israelis that defended their country and they did a remarkable job. I think the money will be effective as we bolster up in the iron dome and davids sling, the patriot systems. Its all a complex ecosystem of defensive things that blend together and what we call integrated air and Missile Defense weve come a long way in the region under the concept. Liz i know that syncom does not cover ukraine but your understanding of war and democracy and protecting democracy is very broad. The money expected to get to ukraine is desperately needed yuppie ukrainian morell on the troops level very low they have run out of shells and its running very, very low. How important do you think it is to get the money to ukraine to push back Vladimir Putin and authoritarian who made them push into poland. I think its vital. I think were at the Tipping Point in the hinge of history right here right now and ukraine and we have an opportunity to get the equipment out of idle time in a vital place and i think its very important that we stop Vladimir Putin here because i see no reason why he wont continue to look to the west if he meets success in ukraine and we should be very much aware of that. I know her allies and friends and our polls are keenly aware of that. Liz we look forward to your book coming out i want to have you back when it does. Were very much looking at the melting point and who knows where history will take us. Thank you so much. The war on israel front and center as the jews begin celebration of passover which begins at sundown. It becomes antisemitic abuse are spewing for protest across College Campuses from columbia to yell but the leading kosher food distributor in america is hoping to unite the world through the jewish tradition by rebranding one of the most famous names. Coming up the top name and passover products says the moment is the right one to increase the profile right now. The food and beverage etf pbj gaining 18. 3 over the past six months. High prices, high Commodity Prices all coming together. Were talking to the parent when we return. Bye jen. 100 innovative companies, one etf. Before investing, carefully read and consider Fund Investment objectives, risks, charges expenses and more prospectus at invesco. Com. After last months massive solar flare added a 25th hour to the day, businesses are wondering what should we do with it . Im thinking company wide power nap. [ employees snoring ] anything can change the world of work. From hr to payroll, adp designs for the next anything. I was only 23 when i was first diagnosed with nonmelanoma skin cancer. 40 years later, ive had almost 20 mohs surgeries. I had just accepted that the pain and the scars were going to be part of my life. But when i was diagnosed with two basal cells on my face, i became determined to find an alternative to surgery. If you, like millions of others, are affected by skin cancer. Its important to know that surgery isnt the only option. Theres another choice. Gentlecure. It sounded like everything i had been looking for. Gentlecure uses low energy xrays to kill skin cancer cells with a 99 cure rate. Plus, theres no cutting, no surgical scarring and no downtime. Im so glad i did it. It was successful in every way. To learn more, call today or go to gentlecure. Com this is btv Business Television this week, reunion gold. Discover the treasure that lured a veteran mining titan out of retirement. Arizona sonoran. We tracked the development of a tier one discovery in the heart of americas copper country. And prime mining dive deep into the sierra madres of mexico for their promising hunt for gold. Discover companies to invest in. Watch at btv. Com. Hi, im kim, and i lost 67 pounds on golo. When i go out with people, they expect me to eat like a bird. They are shocked by the amount of food i eat while losing weight. With golo, i dont need a cheat day because i get to eat the foods i like any day of the week. Innovation in Health Care Means nothing if no one can afford it. At evernorth, were helping to unlock barriers. Using our 35 plus years of pharmacy benefits Management Experience to save businesses billions while boosting medication adherence. Helping Plan Sponsors and their members be at their best. Thats wonder made possible. Evernorth health services. Music unnecessary action hero unnecessary. Was that necessary . No. Neither is missing your daughters competition to do payroll. With paycom, employees do their own payroll so you dont have to miss your daughters big day. Time to shine. Get paycom and make the unnecessary unnecessary. Its odd how in an instant things can transform. Slipping out of balance into freefall. Im glad i found stability amidst it all. Gold. Standing the test of time. The campus of Columbia University in new york city still at the center of controversy, new yorks finest keeping order on campus after protest got somewhat out of hand on friday President Joe Biden doubling down at a Campaign Stop in virginia condemning the blatantly antisemitic statements exploding from the ongoing protest against the war and y gaza as verbal talks raind down on jewish students new York City Police said at a news conference, while they dont see Credible Threats for the protest at columbia violence of any kind will not be tolerated. But the protest have spread this morning 47 students were arrested at yale as they chanted prohamas jim crow Gaza Palestinian chance raining raising were concerned of the safety of jewish students as passover begins tonight passover commemorates slavery in egypt with the first evening involving a family dinner called the savior which includes special foods honoring jewish heritage, jewish brand established all the way back in 1888 specializes in manischewitz is rolling out a rebound for the jewish holiday. The chief marketing officer which bought it in 2019, she joined me now with fox business exclusive. Lets first talk about the rebrand we have some of the products and what youve done. This is your expertise you really gone heavy on one particular color that is orange tell me about the rebrand and why now is the time to do this . Thank you so much for having me. This rebrand is so exciting we have amazing response and already in feedback and when we set out this journey we recognize this iconic brand has a collective nostalgia, probably because its been around for 130 years and collected memories along the way so were goal was to maintain our traditional jewish roots and you mentioned the jewish orange we were doing a lot of soulsearching. Packaging and we saw a lot of jews in his been around a lot of 30 years over the course of that time there were iterations of the brand during the 40s, 50s, 60s, 70s, you have the orange popping up and has an equity that we felt like manischewitz had. Our goal was to remain the jewish roots and making sure we are still reaching out to the core consumer. At the same time embracing a new consumer so maybe thats a core consumers manchild or their curious friend, jewish or not jewish inviting everyone to try our delicious jewish foods. Liz even gen z our loving vintage and going back to the nostalgia. Nostalgia to me is manischewitz but also the maxwell house, you can even find them on ebay anymore. Lets talk about the fact that youre expanding your offerings and going into the frozen food business as well that is a big step, explain. It definitely is and i think if you look along the way what manischewitz offered throughout all these years were innovation in the way the consumer was eating food. It used to be ironically and if you can believe this shelfstable fish was innovation at his time. Now people are looking to the perimeter of stores so it would be fresh and frozen in their consuming foods at a different way, they want convenience. What we have if you want a matzoh ball, we have every single way you want to make one. We advocate if you want a little help. If you dont want to cook at all and you want a delicious comforting food that you grew up with or heard a lot about now we have frozen matzoh balls in the freezer indefinitely into the frozen section that we have a been to before and were offering conditions and glutenfree in the frozen section. A new way that the consumers are eating and finding foods. Liz let me say that kayco owns other brands that are very familiar to her viewers, saba, lipton, we have very high wheat and cocoa and soft Commodity Prices. Really quickly, how are you dealing with that. There are a lot of brands that we distribute and we recognize that we had a responsibility to our consumer to try to maintain a competitive pricing when we hit the shelves. I think like any manufacture weve seen the cost of goods freight go up. I think everyone is dealing with this now and we really try to keep our prices competitive and we have a responsibility to our consumer we make tuition kosher food and we feel like were providing food for our family. We really feel a responsibility to keep these prices competitive. Liz Shani Seidman happy holiday and we wish you peace, good luck with the business rebrand. Thank you so much. Liz bitcoin acted like a safe haven as it rises to the happy event over the weekend. In rock pierces here to see how he sees the crypto currency moving over the next four years, whats new catalyst. Stocks of the crypto universe also popping higher look at digital up 9. 6 coinbase another 5. 8 , followed by block chain leading the pack with a 21 gain. Claimant counter coming right back, s p 500 well above 10 the 5000 mark which is better than what was on friday. Liberty mutual customized my Car Insurance and i saved hundreds. Thats great. I know, ive bee telling everyone. Baby liberty. Oh baby liberty. How many people did you tell . Only pay for what you need. Jingle liberty. Liberty. Liberty. Baby liberty. When it comes to investing, we live in uncertain times. Some assets can evaporate at the click of a button. Others can deflate with a single policy change. Savvy investors know that gold has stood the test of time as a reliable real asset. So how do you invest in gold . Sandstorm gold royalties is a publicly traded Company Offering a diversified portfolio of mining royalties in one simple investment. Learn more about a brighter way to invest in gold at sandstormgold. Com. Me and my friends life is better with the credit gods are on your side. Rewards once available to the few are now accessible to the many. Credit one bank. Get cash back rewards, and live large. Liz bitcoin having a strong session up 3 to 66373 per coin after the first having events since 2020 concluded on friday read over the weekend the token has been on a steady climb rising 5 the bitcoin having event is the moment that occurs every four years when the supply of bitcoin is reduced by 50 . It also cuts incentives to minors and drives up the price that they have to pay to put new bitcoin into circulation joining me on a fox business exclusive on the next catalyst the Bitcoin Foundation chair rock peers very early adopter the having event was the next having event you see. Bitcoin had record fees during the housing because of layer two technology the idea building on Technology Ethereum as all the other applications that moved away from bitcoin but bitcoin is back delivering smart functionality, mean technology all of these things are now being built on top of bitcoin for the First Time Since a decade ago so anticipation of the record fees as people are trying to get in to be the first on having the new things on bitcoin im happy with the price people by the rumor and sell on the news we were at 20000 and we had a record high usually a selloff leading to the actual event and were in a very good position very bullish on bit bitcoin. The record high was about 70000 weve come a little bit off the boil but i look at whats going on with bitcoin and you could argue the biggest fire that lit that he under bitcoin was the approval of the bitcoin bts which today is moving in lockstep which is what they do and are moving higher. When you look at the stock bitcoin etf is there any difference beyond the fee that is charged i just want to educate our viewers on that. Nothing that ive seem these are regulated vehicles and also required to be the best in breed best practices this is no longer the wild west the wild west became california this is like be cad once they approve the spot bitcoin etf this is institutional regulated and is here to stay in the retail public can safely invest its not like it used to be you dont have to worry about losing your bitcoin as you did for so long that we still have a model which is not your key is not your coins, once youve learned and been in the etf market for a long time take the time to educate yourself on how to hold bitcoin for yourself and be your own custodian. Liz you advised el salvador indian president a couple of years ago when he was a forward thinker. Some said absolutely crazy he allowed the country to object bitcoin is legal tender its been a good chunk of time can you open the window into how that is going are people using it in el salvador to pay for things. A few things happen the president went from head of state to a world leader the future favors the bull and a lot of Amazing Things have come from that period at the time only 30 of the population of el salvador was banked the wallet in the government incentive to get free bitcoin to everyone the registered cause 30 Financial Inclusion to 70 Financial Inclusion within 12 months. I would say thats flipping the script to thriving accessibility for those that dont have access to financial tools where we as americans are so blessed and often take for granted. Liz what is your outlook i always love to ask you this for bitcoin. Is a very good chance i think its likely well see north of 100,000 will see 150,000 at some point this year and longterm and million or more is a binary outcome, bitcoin goes to 0 or over a million unless something happens its really binary in terms of what will happen over time. Im bullish and i definitely advise everyone to buy 100, 50, 20 a bitcoin if youve never done it before or put a little bit in your retail brokerage account so you can begin learning i dont encourage people to invest than other than themselves take the time to be in forms you can buy informed decisions for yourself. Liz thank you so much. Rock peers from bitcoin to gold and epic run giving investors reason to smile. Todays countdown closer says dont overlook another shiny metal that could be worth its weight in gold. The claman countdown is coming right back, 13 minutes before the closing bell rings. Dont go away. Guess. players hey, get out of here man. Get off the field. luke understood. players security grab him marci great studentteacher ratio. luke marci weve got to go marci we have got to go we bring you the real, indepth school info. marci what were you thinking . luke i dont know. I. Dont know. vo ding dong homes. Com i got injured, um, my back got injured very bad. I was off work for about a year. Did physical therapy, did. You name it i did it. I heard about relief factor from my wife. She basically made me take it. Relief factor is a daily supplement, developed by doctors, to help your body fight pain naturally. It doesnt just mask pain, it helps reduce or even eliminate it. I took it every day, three times a day, for three weeks. Woke up, laying in bed, roll over and look at her and i said, the pain is gone. And she said, im glad it helped. I said, no, you dont understand. Its gone. You feel better every day. Call or go online to try it for yourself and get our 3week quickstart for just 19. 95. My wife making me take relief factor literally changed my life. I suffer with Psoriatic Arthritis and psoriasis. I was on a journey for a really long time to find some relief. Cosentyx works for me. Cosentyx helps real people get real relief from the symptoms of Psoriatic Arthritis or psoriasis. Serious allergic reactions, severe skin reactions that look like eczema, and an increased risk of infections, some fatal, have occurred. Tell your doctor if you have an infection or symptoms, had a vaccine or plan to or if ibd symptoms develop or worsen. I move so much better because of cosentyx. Ask your rheumatologist about cosentyx. The stock market does. In fact, most people dont find them all that exciting. But, if youre looking for the potential for consistent income thats federally taxfree. Now is an excellent time to consider Municipal Bonds from hennion walsh. If you have at least 10,000 to invest, call and talk with one of our bond specialists at 18002173217. Well send you our exclusive bond guide, free with details about how bonds can be an important part of your portfolio. Hennion walsh has specialized in fixed income and Growth Solutions for 30 years, and offers highquality Municipal Bonds from across the country. They provide the potential for regular income are federally taxfree and have historically low risk. Call today to request your free bond guide. 18002173217. Thats 18002173217. Charles the house this weekend passed legislation that would force the Parent Company of social media behemoth tiktok to divest its stake in the u. S. Chinese Parent Company bytedance. Could face a ban if it does not sell within a year Charlie Gasparino has been speaking to bankers as the issue heads to an uncertain vote in the senate. This will have a long fuse on it. So dont think because this thing passes the house and ban it that this thing is done. It will have a long fuse it will have extensions. What we do know is this, im getting this from, just so he know how wide Investment Bankers know what is going on with congress in this, they hire people to follow stuff because they may have to sell this. Goldman sachs, jpmorgan, major lawyers would be working on a deal. This would be a multibillion dollar deal. The u. S. Arm of tick okay. I heard numbers like 40 billion. That is huge deal to sell to someone else. Not a lot of natural buyers, exec companies have billions in cash. Apple, amazon, google, oracle, theyre all there. Here is what we know. Still, not a done deal. If theyre going to do it in the senate the way it has been described to me, they will not do it as a separate vote. They will do it as part of a supplemental thing. This will be like some sort of a package of funding. To what i understand the understand is really divided on this. It is still, there is not a lot of consensus. It is like 5050. 50 want it banned, 50 dont. It is a weird political thing because trump has come out, republican leader, going to be the president ial candidate, has come out, been throwing cold water on a boon. Yeah. He said elon musk is throwing cold water. Liz one minute he hates the chinese. How do you really want to ban it . It dont want to go to war with china. This could touch off a trade war. That could lead to inflation. China could turn around start putting tariffs on u. S. Products. We just banned their steel. Liz well the president has floated a 10 tariff. You can do back and forth, back and forth. This could get nasty. You get a spike in inflation, when the election is coming even more. So again, this is fraught with politics. The next step is the senate. Its heavily divided. I said if youre going, if youre going to betting man ive been told, it comes to some sort of a vote and its unclear, probably going to be a long process. So this story, were still talking about this. By the way i broke the initial story that trump was forcing, when he was President Trump in 2020, during the pandemic, i remember this, we were all in lockdown, he was going to sell it, force to sell it. Cfius would make sure it had to be sold, couldnt be used and microsoft was in talks. Liz and oracle. It was microsoft first who had real talks. Oracle was just taking data, it fell apart t wasnt a pure buyout. Microsoft was actually going to buy it then. That was the talks and it fell apart. So weve been discussing this for how many years . This story never goes away. Liz Steve Mnuchin may want to get in there. I put him lower on the list. Liz we shall see. Based on the money. Liz closing bell four minutes away, starting off the week with green on the screen. Nice market rally here. Look at the dow 256 off the highs of the session. You add 200 points it feigned on friday, not a bad doubleday move. S p up 43. That is exactly the amount it lost on friday. Nasdaq is seeing a 166 point gain. It is the biggest winner, up more than 1 at the moment, followed by the russell 19 points, just under 1 . Look at gold, today, today it is falling 69 per troy ounce as fears the conflict in the middle east would escalate over the weekend have subsided at least for the moment but after multiple fresh alltime records the precious metal is on track for its biggest oneday drop in a year but over the past year it is up nearly 18 . Our countdown closer says just because it is down today, dont go running for the hills certainly but there is another metal he is looking at. He is the sound Planning Group ceo. Lets tackle gold first at the moment. Is it a buy right now for people who missed out on the runup . Absolutely. When we see corrections like this is the opportunity to put fresh dry powder to work. Getting a nice pullback like this because future contracts are expiring, ultimately al go traders are manipulating market. Im buying today. This is an opportunity. Liz in what form do you like to buy it . Physical gold, etfs, miners . Okay, so all of the above can work. I personally believe were going to see some challenges maybe with oil and diesel and so if you look at metal productions it may become more costly on the input cost side to produce the oil. So im interested in physical that currently exists and so i like to hold it at comex facilities but you could buy gdl, sld or gdx. All are part of the right answer. Part of the reason im interested in that persian of a play, im looking for banks to give me loans. I never want to sell it and receive my Capital Gains for those gains. So if we can get loans that is a business expense. Liz china is driving up the price. They are the Largest Consumer and producer of gold but that said, theres a second precious metal you are on board with at the moment. That is silver. Where do you cecil, see very going. Silver is most underpriced commodity in the world. Look at ratio of gold to silver, that is a tell as far as supply and demand. 85 ounces of silver for one ounce of gold today. I tell you i will do that deal every day in my life. Im not personally interested in buying gold as i am silver. Look at ratio of silver how it is mined, nine ounces of silver for everyone ounce of gold. It is important to ask this, nine to one ratio, basic supply and demand, silver should be 200 an ounce. This is gift, a opportunity, something im very interested in getting involved with. Liz im interested in wearing it, gold and silver. David, thank you. [closing bell rings] the dow is up the Third Session in a row. Everybody is in the green. That will do it for us. Kudlow is next. Larry hello, folks, welcome to kudlow, im larry kudlow. Well bidens partisan prosecution, day one of the trump tria