Footwear sales and incredible numbers out of china, and our question is, is under armour still underappreciated, and pete najarian, you are told us ten days ago not the buy it. I told you that they needed to execute on what they do, and you have to continue to have the growth with the stock that trades with this multiple. The multiple is scary, and in the nosebleed e territory, and you go back to look, and say, that the name i prefer over under armour which is lululemon which is going the trade at a lower valuation, scott, but in the numbers of this quarter, and predicting 11 billion in sales on the women side on top of everything else. That is a big point. And they were gaining market share, and then lulu started to get it from somewhere, and they are getting it back from under armour, and the most critical part, steph curry, and the shoes. That is the area to see the accelerated growth, and not the biggest portion, because apparel is, but it is tlr 264 million of the 1. Whatever billion. That is where the growth is so far. And doc, when does the hy hyperspeed growth trump valuations. So you are going to be paying up for growth, and this is where you have do it. This is is one of those companies that you do it with. Yes, and they manage the inventory, and nike had 4. 6 billion buildup in inventory, and these guys, they get rid of it. And when plank sees something that is not selling well superbut it is just that the inventory to the sales ratio is not as concerting to other people as it has in the past. Yes. But the point of inventory is a concern for some. And yes, anybody who has a inventory build, because it is a question of how much of a hit do you take, but these number, it does not take a significant hit, even though you see the stuff at the Discount Stores for last seasons stuff, and the kids want this seasons stuff, and the 64 growth in the shoe market, and that is huge as pete said. And the slight slip in the gross margins, judge, basically right down now to where nike is, 49. 9 . And just ahead of their own expectation expectations. You want a stat . Yes. In the q1 china sales were more than 2014 in total. In one quarter in 2016 in china, they did more sales than in all of 204. Look, here is what i would say. How you like them apples . I love them apples, but any stock selling at this multiple by definition is not underappreciated, because it is a premium to the market, and in fact, to other companies in the same sector, it is not underappreciated, so it comes down to what type of investor are you . I am more on the value side. And you are willing to pay up for growth though . If you are a growth investor, this is the perfect kapd date, and the metamorphosis is amazing, and they have gone from product to product, and they have stake theed a claim in shoes, and build on it, because lot of people never thought they would get there in shoes, but they are there. And if you are growth meyer, yes, and value player, no, you cant go there so you are willing to buy a stock like netflix with big valuation, and people are playing up for for the growth, and why not under armour . I have been in it, and not right now, and they were buying the 45 calls monday of this week, but it is not big enough, and chunky enough, and volume wise to follow them in, but the steph curry side of it, and we knew that when nike went into china, judge, the draw of yao ming and others in eterms of getting the shoes moving there, and of course, people like Michael Jordan and the rest. Steph curry is all of that rolled into one for china and the exe ppoe sure globally for s is immense. I have not been in the stock, and i wish i were earlier. And so you bring up china are you a buyer of the stock today . I like ut a lot, and if you put a gun to my head, im a buyer y im a buyer, but i prefer lululemon. It is difficult to look away. And lulus traffic is unbelievable surging, off of the charts, and the best in the industry. Yes, near the 52week highs now. Lets bring in analyst camilla kanajui, and you say that this is a once in a generation company, and are we at the point where the concerns are of the past and we should look beyond . Well, it is good to be here, and thank you for having me. Yes, you are right, the concerns that manifested in the fourth and the First Quarter are laid to rest as far as we are concerned. The growth and the management of all aspect s of ts of the top l apparel, footwear and accessories and the management of the gross margin are pointing to the right direction of the company that is distinctly in charge of its own future and we think that the future is very robust, and there is a lot of talk on the panel about the valuation and i dont think that ever in my history of covering the company has there been a point in time that people are comfortable with the valuation, and there is a company that is growing as fast as it has, and consistently year in, year out the justify the valuation, and you have to look at the context tof val rel thetive to the growth, and to encapsulate why it is a buy today, and even more of the bearish views and they are few and far between and yes, we expect them to be great now, and this great quarter, and not a surprise and sit down the road that you need to to be concerned about. Are the womens sales picking up to the level that you are paying up for now . Are they going to be able to manage through the inventory issues which you in your note say remain elevated as you expect they would, and what about down the road . Sure. On the womens side, one thing that came out on the call is that the womens growth in their own Online Business outpaced the growth of the mens business, and that is reflective of the preemization of the womens l e line, and that is gaining momentum, and Going Forward and accelerating, and we see it continuing, and as far as inventory what is lost here is that there was an intentional strategic move the bring on the invento inventory, and hold it longer to meet the better delivery times with the wholesale partners and in prior years, the issue is that the demand is so high they were not able to meet the ontime delivery and consequently they would have to pay the wholesale partners which hurt the margin, and the strategies of that intentional inventory build reis sult manage the more gross margin benefits which continues to be the case, and we expect the inventory to sales spread to narrow in the back half of qthree in the initiatives of last year. Thank you, camilla, for coming on. And look, if you had somebody who called you up, and on the Halftime Report they say that it is a winner, and my friend pete says to buy it, what do you say . Well sh, my clients establis baseline equity position, and around that we have to determine if we like it or cautious and right now we are cautious for three reasons. Still are . Yes. The markets are melting up now, and that is going to be continuing, and three underlying reasons to be cautious for getting ag grgressive in the stocks, and first of all in the golden age of the scentral ban r bankers and gone from zero the negative Interest Rates and a penalty for that somewhere down the road. And secondly, the pes are not cheap right now, and so are we under the belief to have elevated pes and another term because we have a zero Interest Rate environment, and the stock is going to be selling at higher multiples and the tape is not telling it well, because you have telecom, and utilities with the highest performing sector, and market that does well when the oil prices will go higher so it is concern overall with the landscape. And you dance with who brung you. You play the landscape that you are given, and if people were buying stocks that are once out of favor before and going to be that way for a while, arent you still on the dance floor . Well, you are on the dance floor, but you are dancing closer to the door. So you want protection and expose sure for the market meltups like this, but ultimately in the next 6 to 18 months, we will have reconciliation, and primarily with the zero to negative Interest Rate environment that the we are seeing. So your view, and bringing it back to under armour in a way, if you felt differently about the market, you liked the internals of the market, the breadth of the market better than you do, and are you more apt to buy a stock like this, because it would ride with the overall tide . No, not really, it is 65 times the earnings, and the Free Cash Flow is 260 million tlrz which is 1 of the market cap, and we with would rather see the higher cash flow, and better return for the shareholders, but it is a tremendous growth story. It is a good conversation, the growth and value deal as you look tat the stocks like this, and looking at under armour and netflix, and tesla. And facebook. Right . I mean, you look at the multiple on facebook and it is in the nosebleed area as well, and looking forward, okay, but now, it is trading at a ip krncredib multiple and yet everybody seems to love it. H that is my point, at what point do you say, im willing to pay for the growth that these companies can actually achieve and im going to look away from the multiple. It is not that you are looking away from it, but they have to execute, and this is the thing that every one of us has to know every single quarter, have they been able to execute through the quarter. And hasnt under armour been able to do that . Since they started they have not disappointed. And the bearish notes have been a buy signal for the stock. Yes, you are right. And it is more appropriate to pay up for under armour than ib many where the revenues have gone from 100 billion to 82 billion, and the eebida is down and they have increased the debt by 40 so they are taking on omore debt, and buying back the stock, and versus under armour with sheer growth. And people are willing to buy it more . Well sh, it is a value trap. Trap. And in the market in terms of the central bankererser it is going to to be here for a while, and while there be a bill to pay down the road, that is so far down the road. In term of the extended valuations, yes, multiple expansion without growth. So that is an issue, and where are you putting the money now, but a it is not like the credit is going to bail them out. And there are parts of the market that have value, and the dividend plays, and the staples on the debt side where are there are certain sectors that we like. It is important not to get caught up in the value traps, but buy on the growth side. And now, find out what rising rates mean for the dividend stock, and plus the call of the day. Is a sell rating op one of pete and jons energy stocks. Lets do it. Get ready for the monster option smackdown. And gm, yum, american express, and the earnings reports are coming fast and furious, and we will tell you how the trade the numbers all coming up on the Halftime Report. Andrea sikon. Medical doctor from cleveland clinic, watson, lets review the Electronic Medical record of the next patient. No problem. Its a pretty huge file. Done. Sorry for the wait. That was quick. As part of our research, i also compared lab results with notes about prior treatments, then cross referenced it with thousands of medical journals. And i get the benefit of much more data, and a lot more time to plan the best treatments. I stay focused 24 7 and never sleep. You sound like a lot of medical students i know. Lacking at apple shares undepressure, and now, back into the bear ter toy, and are richie, you own it, and after swoon of the stock market comeback, do you like it . Yes, we hold it and it is a great long term hold, and separating out the cash, and the cash flow free from operations, Great Company to own. The ecosystem will grow, and we like the penetration. We like it all around. And james, once again, the cut of the iphones and what are you seeing . Well, we would think more this quarter, because everybody is talking about the 7, and it is like the talk, and a couple of years ago, this is a second half story, because everybody is waiting on the new release, and hopefully it is not going to be disappoint i disappointing, but because of bill campbell, and shoutout to that family, because a wonderful friend and good man and columbia football coach, and wonderful man in the silicon valley, and he is going to be missed. And you own the options . Well, i own it, and long on the calls, and i have overwritten calls, but like it, judge, the catalyst is the 7. 0 coming, and you dont get the lift out of it until probably july, time frame. So between here and july, i see it trading in the band, and to richs point, i would not exit the stock here, and it needs to break 100. Better and more exciting places to make money . In the short term, yes. Than say, apple . Between now and july, a lot better places. Such as . Today, i bought lvs on this big swoon, las vegas sand ash andly talk about it at length lateer, but the reason that you can buy a premier stock down like that, and i this they somewhat misinterpreted some of the things Going Forward for them, and Sheldon Adelson at lvs has more potential between now and ju high than apple does. . And now a special issue of the trading blitz. And now sh, the estimates of raising the guidance in yum . Well, some of it due to what is going onn china how to recognize the taxes over there, and so on and so forth and they said that 2 growth, and 2 to 3 growth out of china is pretty exciting. This stock i think that opco raised it from 83 to 90 a share. And what about gm . Well, they blew it. They are favorable mix with the sales, and more suvs, and so you have the stay with the stock. And barrons said that ford and gm have a big upside and the stocks are such dramatic underperformers for whatever reason in a incredibly strong auto environment, and why is that, ben . They are lagging unnecessarily, and it is a great way to play the consumer wo is employed and Free Cash Flow, and the gas prices are down, and go with the autos. And biogen with bert than expected earnings . Steve weiss . Well, part of it is if there was a fear that they could have had it worse, but it is a good quarter and positive quarter, but mixed numbers in terms of the sales of the ms drugs for example. And pete, why is United Airlines getting smoked today . Guidance. It is all about the guidance and when you look at the quarter, it is decent and nothing great, and it should be great, because over at southwest they put up the unbelievable numbers, and they have been the lagger, and we have talked about them being the lagger, and i thought that they would catch up quicker than they have, scott, and the guidance is going to be taking longer, and the new board and a lot of it are steps in the right direction, and the stock is way too cheap, but it is not meaning that it is too lower, and i am in the calls on the zero upside, and that is unfortunate for me, but ape not giving up on it. I believe it is going high e and rich, american, press . No. They beat by ten cents a share, but we believe that there is tremendous competition with the visa, mastercard on the branded cards through synchrony and we dont like the stock. And pete, you pulled the rip cord on this one a while ago . Yes, i did. The thing is that it is off of the lows, but it is still a stock trading over 100 a year ago and in the upper mid60s. When they lost the costco contract. It is the beginning of the end so to speak. And this is just one of them. United airlines. Yes, they lost all of the partnership teals, and potentially another one with marriott, so there are issues aed headwinds and when you look at the visa and the mastercard, and the pure plays, and discover the other day crushed it. So other places to be other than american express. Stay with service, pete, while you are at it, because the stock is blasting off up 15 . Well, it is up 17 to the upside and another on of the cloud plays. These guys, when you trade in this environment that ewe were talking about earlier, the huge growth, you have to continue to have huge growth, and the ceo talked about how we have to have the best quarter every single quarter, and so far, they are executing on it around and the revenues up 44 , but the valuations in the clouds as well, so be very, very careful. And steve weiss, verizon . Well, they have been a great stock this year, and spiking down today, but it has done well year to date, and the Top Performing for the yield so the quarter was mixed and the earnings good, but the revenue not, and the yield is still 4. 5, so i dont see a lot of downside. And coming up, one of the hottest trades this year, and speaking of what steve weiss just said, stocks with big dividends and the utilities and telec telecoms, and what do we do when they come up . And now, looking at jon najarian who is exercising at his desk and he is not alone. Its tricky we are back on the Halftime Report and wondering if the yield could hit the 3 . Well, the utilities and the telecoms have been the best performing sector and that is a problem, because it is based on the lower Interest Rates and the gravitational pull from the zero and negative rate Interest Rate globally and when and if that changes, these stocks are going to be impacted harmfully. You keep riding them until the landscape changes or what . No, no. I would rather own pure dividend pays like xig or xlp and not focus on the higher yielding utility telecomtype stocks. Well, we believe that at some point it is going to be hurt, because it was a bubble out of the zero rates and the low rates, and now mlps are the place to go and the yields are back down, and that is a reasonable place to go, but im not so worried about the exit of the yield trades yet, because you have a 10year that is trading nicely below 2, and when it is closer to 3, let me know, but one more rate increase or two more coming this year from the fed, there is a need for yield. Pete . Yeah, there is a need for yiel yield, and it has to be something over 2. 25 or Something Like that, scott, before you are going to be seeing the big shift, but to your point, is it is not the place to be. And you want to be ahead of it, right . Well, one of the names i bought in the last week or so, and a great example is cisco, and this is going to be a lo longterm hold for me, scott, because i like the newer management. That is going to be something that is going to be moving the stock in the right direction, and the transformation is going to be perrific, and 3. 5 yield, and if i can find that and the Management Team that understands the landscape Going Forward that, that is where i will go. And can i put in a qualifier . Yes. And i cant say buy yield just for the sake of yield, but when there is a story accompanying it like cisco. And to the point that we are make, utilities and tell toecome up 10 , and since the rates started to rise, each is down 1 or 2 as people are starting to think about the potential of rising rates if it continues in the impact that it would have in those areas. And if we hit the top again, and touched 2 here on the show three weeks ago or so, and touched up right against the 2 and came down hard and traded back down to 11. 74 or whatever the lows were on the 10year yield recent ly and now pushing back up, you can trade them if you want to. I dont really want to own them long term here for the reasons that you mentioned, but i think that you can trade them. If we get up towards 2, we will come right back off of the yield again. And we are in an environment with where stocks are the new bonds. Roughly 54 of the s p is yielding greater than the 10year treasury, and the investors are going to own dividendpaying stocks and the customers are happy to own them, and the question is what sectors . And tech and telecom as you pointed out are more intrasensitive than other sector like staples. Hold on, will let me ask you a question. Since february 11th, the market has had a tremendous rally and pushing back towards the alltime highs. It is likelier than not people think or some that the fed is going to be raising the rates once this year, and say that is the base case. Okay. Fair . Yes. What make you more bullish on the stock market . If you are negative now in the throes of a good rally and we believe that the feds will raise rates sooner than later, when are you bull snish when the feds are going the raise rates that is going to make us more comfortable normalizing the policy s and even though there is a tremendous convergence, and i want to see more normalization than the policy, because they have to carry the load without the fiscal policy, and that is one of the inherent problems over the past several years, and seven years over the well, those are two different conversation, and they are in the camp saying that the feds should raise rates and that is different from where the market is going to go up or down in the current environment that we play. And the market could bubble up, and the fed tightening is going to be on that news. Well, my real concern is the underpinning of where the bank are killed and how does the market move to the new highs if the bans cant make money . Well, tha shg, because they. They are been making money. The hottest asset class for Hedge Fund Investors are the volatile inversions and the algos and so it is as the bonds move up, the machines will kick in, in, and the bonds will move in at yields and not price. And you have to be aware of that, and for the very reason that utilities are going higher, it is because the rates have gone down, and that is going to reverse on the way up. And rich n your mind, the markets are largely going up because of the Central Banks around the the world juicing the market and continuing the do that. Absolutely. Well, if they stop, why not wont it drop off . Well, the markets are likely going to u scuttle through, but what my concern is that we have a negative trade policy and the outstanding mortgages, and when that improves and the banks are not going be participating in it, and there is a global issue, and the zus great with the job growth and the great oil sales, but i dont see the u. S. Decoupling. And Precious Metals are at levels that we have not seen in nearly a year, and can gold and silver keep rallying . We will debate that coming up. And Oil Prices May have stabilize, but there is still some concerns where there is cheaper crude hitting the economy of alaska. Scott . It is a challenge both from the economic standpoint and an engineering standpoint that also comes back to the economics of it. I will tell you how they are trying to get the Alaska Pipeline to work as we are live in juneau, when the Halftime Report continues. I like zuckerberg, because he takes risks. Real money. Real rates. It was a modestly higher beginning. And the most profitable hour of the day. Dont be surprised if it moves 5 the other way, because that is what is happening for a while. They found out whos been hacking into our network. Who . Guess. I dont know, some kids in a basement . You watch too many movies. Who . A Small Business in china. A business . They work nine to five. They take lunch hours. Like a job . Like a job. We tracked them. How did we do that . We have some new guys defending our network. New guys . Well, theyre not that new. Theyve been defending things for a long time. [ digital typewriting ] its not just security. Its defense. Bae systems. All right. Welcome back to the Halftime Report and sue herera with the latest headlines for us. Hi, sue. Hi, scott. This is the news update for the hour. Volkswagen has reached a deal with the government with the optionf buying back the car or the fix them, and it is going to be what the judge calls substantial compensation. And Solar Company edison is filing for chapter 11 bankruptcy. Ta were a onetime star but fell on the hard times after rapid fire acquisitions. It was worth nearly 10 billion in july. Wall dwrooens is paying 500,000 to settle the the latest case of a company accuse of duping new york consumers over the prices. The Attorney Generals Office of new york found several probes of misleading advertising. And the olympic flame for the 2016 rio summer games was lit today, mark iing the start the olympic torch relay, and the lit was lit before the temple of hair harrah in olympia. Back to you, scott. And now, this edison thing, steve weiss, they filed for chapter 11 and another what was a Hedge Fund Hotel blowing up. I know more funds that were short shorted than were long. And so when you look at the crowded trades that is the function of the funds getting so, so big where the opportunity set is unlimited but so many people made a fortune on the shortside and you have to look at what happened on the other side of it with appaloosa and fairly responsible for exposing it. The tariff form . Yes. And you look at hertz, and chesapeake and sunedison, and im not saying that they are going to bankruptcy, but it is stunning that a lot of the funds were in that are not doing well. Absolutely. You wonder where the Risk Management is. As assets are biggerer, and the number of stocks that were moved and indeed in the portfolio shrinks and they are all going to the same names which is an issue, however, the number of holders are greater with the long holding managers, so in i think that the largest and the second largest was a long holding fund with onethird of the assets in it, so there is irresponsibility spread around. And no state relies on oil more than alaska. And the Falling Oil Prices have dealt a blow to the frontier, and the economic woes are sure, but engineering challenge as well. Scott cohen live in juneau with the crude reality series. Scott, good to see you. Hi, scott. Good to see you. You know, it is difficult in alaska from the money standpoint, because the state his a 4 billion budget deficit, and then the engineering issues, and one of the great engineering marvels up here is the transAlaska Pipeline which is about to enter the 40 years of operation, and it is running from 800 miles from the north slope down the valdez, and it is designed to carry 2 million gallons of oil, and 2 Million Barrels of oil per day, and now with the prices sharply lower and it is 144 to peek in 2008, and now the producers are pulling out, and cutting back production, and the pipeline is pumping 500,000 a day or about a quarter of the capacity, and this is where the engineering challenge comes in, and this is the pipeline that runs normally, and it is full of oil, but it is running at a trickle of the normal pace. It is normally going to take four the days for a barrel of oil to get from north to south, and now it taking three weeks as it is going through some of the toughest terrain on earth. Half of the line is above ground, and half of the line is below ground, and with those very cold areas in the winter, and there is some water in the crude oil, and there is a potential for the ice. It is not just ice, but also wax, and it is a buy product of the oil that can clog the line like plaque in my arteriearteri ev every problem has a solution, but the problem is that all of the solutions have costs. I have woken up worried about kind of the future end of the transAlaska Pipeline system, because gangs it is not again, it is not just technical, but economic. And this is for the companies that own the pipeline, and here is the bottom line, pumping oil in alaska is a losing proposition, breaking even is 52 a barrel, and as you know, we are well shy of that. Guys . Scott cohen in juneau for us. And we will see you soon. And now, the energy calls, jefferies is downgrading conocophillips and the call to sell. You are both long calls, so you are positive on the direction of this stock . Yeah, yeah. We have had a decent run on this thing, because when you go back to when they cut the dividends at 6 cut of the dividend february 5th, you look at this stock 66 cut of the dividend, and you look at the others that didnt do that, chevron and exxon, and you look at the outperformance and it is not close, because it was the bay of play there. And one of the issues they have is debt, but holy moeksmokes di look at chevron or exxon debt . Ta have debt, too, but, it is a nonissue, but a huge move from 26 in oil up to 40 a barrel in oil. Can it continue . That is what we dont well, they say no. The valuation is high, and it is time to look at the value over these kinds of stocks which have had a lot of momentum, and the kind of gains that you are talking about. And it all depends in my opinion what is your guts telling you about where oil is going. If oil is going higher and oil is breaking through the 44 and goes to somewhere closer to 50, conoco is the place to be, but under 40, absolutely exxon and chevron. And what if it stays in the tight range and it is 35, 40, 45. Well, lets say it is, and i do i think it is, and nonetheless, barclays took the opposite view that jefferies did. They came out, and upgraded it be by 10 to i dark and took the target from 50 to 55. So it is a very minor selloff today in conoco philip, and i say it again as a long. And however, i think that if we meander here, you will have plenty of opportunity ahead of the inventory reports to trade out on the higher price rather than the downgrade today. And now, happy birthday mcdonalds, the golden arches. That stock is hitting all time highs, and see if that trade is more upside. And also, lets talk about the health care trade update, and the trades by our guest. And now, with the update on our trades h will eben tshd lebenth right there up top. All right. On deck for the next hour, and three big factors that could help or hurt your money, and the most important things to know in the market right now, and the oil uber bull makes a case for 85 a barrel by christmas, and yes, this christmas. And new proposals unveiled to c curb the eu to pay, and too little or too late . H we will find out after this. Scott . And our guest host Jeff Saperstein made the bull case in february, and lets are listen back sfwchlt cvs is a name that we are adding now, and a 105 billion cap company, and it is two themes that we are interested in aging pop ulation and the consumer employed more and more discretionary income. And there is a reason that you are in the barrons top ten, my man. It is up. Good pick. Well, we liked the name, because it fits into the two themes, but it is a cash flow story. When you look at the company, it generates 6 bill kron in Free Cash Flow, and they are returning 5. 5 billion to the shareholders and 4 billion through the stock buybacks and the rest in dividends, and so when you contrast that out to the other companies who are attempting to financially engineer themselves, they are using the cash flow to reward all tof the shareholders. You like it, too . I love the name. I dont know why i have not bought it yet. I used to own it, and the cash flow is great, but they have the well, he could have gotten you 7 . I dont know why it is not higher than it is. It is a great story. And the precious metal and gold, and big reversals today, and Jackie Deangelis at the nymex with the crude futures as well. Yes, the metals have been on a tear, and interesting, and jim, talk about the reversal today of gold. What is behind it . Well, it is really interesting to me, because as we know that the current markets lead all other things, primarily, but today, it seems that gold was hit a minute before the euro was hit, and they are talking about draghi, but i think that the huge seller came into the market, and they talked about somebody selling a huge contract worth 65 billion gold, and then they were dovish, and people were saying, i am supposed to be buying the dollar and then selling the euro after that. So unusual set of circumstances here today. And bill, would you rather be in gold or silver . I would rather be in gold, and i believe that is gold is going up to 1,400 this year, and we have seen the chart come off of the 1,200 level, and the trend lines abound, but silver is interesting, because it has broken out of the twoyear down trend which is going to be dragging gold out of the consolidation pattern, but for goal, it is not the dollar or the fed, and so intraday moves there could affect the gold, but it is yield. We do not see the yields going higher in the long term, and that is going to be keeping the trend higher for gold. All right. For more on metals watch the live show at 1 00 p. M. Eastern time, and we ve jeff spiro with us to talk about the levels, and also jeff kosar why we may have seen a peak in the gold prices. That is coming up at 1 00 p. M. And working out at the workplace. Our own diana olick in d. C. Scott, more than 12,000 people watched me do this live h on facebook this morning, and we are talking about the big business potential, and we will bring you the big players coming up next. Sup jj, working hard . Working 24 7 on mobile trader, rated 1 trading app on the app store. It lets you trade stocks, options, futures. Even advanced orders. And it offers more charts than a lot of other competitors do on desktop. You work so late. I guess you dont see your family very much . I see them all the time. Did you finish your derivatives pricing model, honey . Td ameritrade. Freshly made in the tokyojapanese tradition, each batch is small. Special. Unique. Every bowl blurring the line between food. And art. When you cook with incredible ingredients. You make incredible meals. Fresh ingredients. Stepbysteprecipes. Delivered to your door. Get your first two meals free blueapron. Com cook. Test. Test. Test. You shouldnt have to go far to get the help youre looking for. Thats why at xfinity were opening up more stores closer to you. Where you can use all of our latest products and technology. And find out how to get the most out of your service. So when you get home, all you have to do is enjoy it. Were doing everything we can to give you the best experience possible. Because we should fit into your life. Not the other way around. Head to diana owe licks office for more on that story. One word here, move. Thats whats behind all this. Because most people sit all day long and its literally killing them. Right now, there is a fast growing 19 business behind getting you and me and everybody else off their you know know whats. What we see this Healthy Office segment can be as much as a third of that total Office Segment over the next three to five years. Bicycle desks, ball chairs, mushroom chairs and a couple of chicago entrepreneurs took it literally one step further. We started working full time jobs, we realized our activity levels considerably dropped. She and a fellow university of chicago grad invented a desk elliptical. Our plan is to really scale cubi because we see immense potential in the market and were still a young company. Young is putting it mildly. There is barely two years old. They did it on kick start. They stole about 3,000. Now they have a new round of funding they expect to sell 15,000 of these cubis this year. Its connected to an app as well. Its not just sitting down. Im going to remove the ball chair, pull the dress down, its also standing desks. This is a veri desk. This is a barely threeyearold Company Selling in 100 countries around the world. It is very big business. The Office Furniture business, 10 billion. Analysts say they expect the fitness side, the fitness subsector of office to be about onethird of that in just the next three to five years. Big Public Companies doing it, herm an miller, steel case, knoll. They started with standing desks. You know the startups are going to up their game as well. Diana is showing off the guns there. I know. Lets be honest. Im paddling here. Im paddling. The lift up the desk thing. Ill tell you what, diana, thank you. You can doing one of these this is not my thing. This is john. John is already all over this. I feel sorry for the ball. Wait a minute. I got one of those bikes, those desk bikes for my mom and dad. Because that way they can either put it on top of the desk and get the shoulders or arms or they can run it basically under the desk and its easy. Its light weight. And it gets them moving around. Its good. All right. Nope. I have a deal with what is possible coming up. Big earnings after the bell. We have to go to break. Big earnings after the belt. Nothing unleashes power. Quite like the human foot. Introducing the 241 horsepower lexus is 200 turbo. With almost twenty percent more base horsepower. Once driven, theres no going back. All right. Were back on the Halftime Report. To date 51st anniversaryst mcdonalds ipof you were lucky fluff to buy any shares fwh 1965, that investment would have produced over a 500,000 cumulative return adjusted for stock splits and dividend reinvestments. It hit new all time highs including all you can eat fries. Are the golden arches, just looking at you. That is International Food correspondent. Hes not here. Mr. Dunkin donuts came over. He obviously got paid in hamburgers instead of shares and dividends. I hope hes watchinging now wherever he is. Hes not happy. Probably not. What about the stock . Do you own it . We dont own it. We dont plan to buy any here. I agree. Look, i think managements done a great job turning it around but its not cheap. A huge and quick turn around. They address what people have been complaining about for a long time which is they wanted breakfast hours extended. They extended them. They made it 24 hours. That was a great move. So look for that to continue to feed into it, judge. Youre an owner of the stock . Owe own it for clients. I do not own it in my trade account. I dont own it now. Still like the stock. We talk about management and yield and cash flows, mcdonalds, check all the boxes. Yeah, the vat wags luation is d good. Microsoft earnings after the bell. Buy, sell, hold . I own microsoft and buy it. Starbucks . Own it, buy it. Alphabet . Dont own it, but its probably a buy. Dont own it either. I agree with him. Microsoft . Yep. Microsoft and starbucks both, in fact, starbucks is in both of our halftime portfolios. Dont care about the quarter. I like all three. You like all three . I do. Do you own either of the three . Microsoft and alphabet. You do . You have to be in cloud today, security. I think its very important. Microsoft is making a big turn around. And google with moon shots, got on it. Its been good having you. All right. Well see you soon. Thanks for watching. Power lunch starts now. Washington taking another swing at wall street as new rules are proposed to limit big bay pay. It is too little, too late . Hi, everybody. Welcome to power lunch. Im with tyler and melissa. Michelle is on assignment for the next couple days. We look at the war on wall street and banks in general. Regulators from six angencies looking to change big banks. Mary thompson joining us with more on this developing story. Mary . The National CreditUnion Administration unveiling a proposal that s