Amerisource is down. Where do we begin . Trexon okay. As far as esrx that john was talking about here on the show yesterday, i bought put spreads in there. Didnt think it would pay off is this fast. That stock along with mchessen just getting clocked. Express scripps, cvs getting hit hard. I think any of the folks that have that massive exposure in pbm, thats where the pain is. Anything drug price related getting taken outside. Well, i mean, you know, you have this week, of course, obama care and the fact that its going to be going up by at least 25 if theyre telling us 25 next year, you can bet, jim, its going to be 40 or 50 . A lot of these guys are rice in the crosshairs. Exactly what john was talking about yesterday. Instead of transparency, there are a couple in this space that do have transparency, but a bunch of them, rather than transparency, to us the consumers, are instead just gouging the heck out of the Insurance Companies where. What do you do with the stock . What do you do with the stock in the space . Just sell them or take advantage of these dips and maybe look for opportunities . The latter. First and foremost, i think you have to be careful about painting with too broad of a brush stroke. Health care is obviously a huge sector. Right . You have pharma and biotech and insurers and bbms. A lot of what you said is right, and anything with pricing aspects to it is a scare as we run up into the election. This really still is a market of stocks. Thats not a trade saying. There are stocks that are outperforming this week, in the face of this down tape. Take a look at alexion. It had great earnings. Up big yesterday, and up more today. Bristolmyers, obviously a name thats gotten hit harder over the last few months but had earnings better than expected. Guided above. Its up. Really dont paint with too broad a brush stroke here. There are names that can outperform general tape. I remember, josh, when you were schooling us on how markets work. Right. That you thought glad somebody knows something. You thought despite some of the rhetoric thats been out there if hillary is elected, dont worry. All is going to be good. Well, fundamentals havent changed. This is sentiment. Amgen hit a new alltime high, 52week high. Its since down 19 . Had the fundamentals of amgen deteriorated in 30 days. Probably not. If the rhetoric changes the fundamentals of the space, you have a problem. Let me school you further. Health care technically lets terrible right now. From an investment standpoint, this is the pitch. The worst yeartodate down 5. 7 . The only thats down on the year, in fact, in the s p, and weve seen this before. Go back to october 2014. Thats the last time the xlv to spy ratio chart was at these levels. Were right back there, and what was going on in october 2014 . More concerns about rhetoric in a Midterm Election year. Here we are again. A couple of weeks from the election. Everyone is freaking out. There is no doubt that obama care is a mess. There is no doubt that there is Health Care Cost pressure and inflation in the system. Its probably the only place where there is inflation, and we all understand this. Im going to tell you something. The xlv right now, u. S. Health care stocks overall in general are selling at about 15 times forward over the next four quarters earnings. The historical average is 19. Okay. Theyre scheep. Theyre making the case that theyre cheap. They look terrible technically. I like amgen. I like bristolmyers. Im looking at some of the benefit managers. These are stocks that have just been absolutely hammered, pay great yields, do have their own Earnings Growth stories. Not dependent on the overall growth in the economy. Theres no doubt these stocks look messy right now, but if you are an investor and you are thinking about three years, five years, this is where you are getting good yields, good Earnings Growth. Mchesin coming out of earnings and where they have come in today, scott, is actually driving a lot of this. I think it can be a buyers market at this point. Were seeing our clients actually buying on these dips because once again, its the entire sector thats being brought down by earnings at this point. I mean, if mchessen and their competitors are having price issues and competition issues, that is a fundamental issue that needs to be paid more attention to. Were back again where its a stock pickers market. If you have conviction in the names, you should be in here picking out the names that you like at these very depressed levels. One thing worth bringing up to your point, health care technology. Information companies that service the Health Care Industry and theres now an etf for them, by the way. This is a great example of what you are talking about where there is no doubt were going to need to apply technology and innovation to figure out what to do on pricing. There are probably 20 or 30 companies in that category. We never talk about them on the air. Thats where money will be made as the stuff works itself out. Sythecizing what you are saying and what you are asking about the rhetoric. Sometimes when the rhetoric is that bad, thats exactly when you want to buy. The rhetoric hasnt been that bad lately. Theres been a steady drumbeat. Ill point out the financials have had a similar drumbeat of negative rhetoric in this election cycle of a fed thats been on hold, and yet, silently they have just been rallying for the past several weeks. Its been a great place to be. Oh, by the way go back two months ago. People hated it. What if trump wins . Now theyre up bigley. Everybody has concede the the election to Hillary Clinton. Theres some time left. Lol. I hope so. I hope its lol. You wake up on november 9th, and if something surprising does happen, what happens to these stocks . I agree its closer than the polls, you know, maybe say. I get all of that. You know, again, do we really think that if we dont think theres a landslide and we dont think that there will be real Voter Suppression and we look at the trends right, exactly. Fine. We dont think theres a democratic landslide. These stocks are acting as though were about to completely socialize drug pricing. Thats not actually bhaets going whats going to happen. I dont think either candidate is saying that. Everybody is trying to get some moe motion and movement. Even if Hillary Clinton comes into office, shes not going to come in and completely abolish everything thats going on in these markets right now. I think that its, you know this is a good time to be buying. Just in case, though, they should maybe make some more donations to the clinton coalition. Then youve got situations like mylan with the epi pens and now you have mr. Ficthorn talking about some of the issues about gouging the srx. Take a look at that one yesterday versus today. Like i say, put spreads already paying off in there. Mchessen, courtney is right, thats the real fire thats going on today and why they moved so quickly. As far as broadly in health care, yes, striker implantable devices and things like that. Whether its zimmer, biomed or striker. Both the stocks are up strong today. Its not across the board, but in particular its drug and pharmacy benefit management. Lets pivot to the other big stock stories of this day. Those being amazon and alphabet. Formerly known as he is the former yahoo interim ceo. Joins us live. Good to see you again. Nice to be here. Lets talk about some of the names. When you see whats going with amazon and alphabet, theyre going in opposite directions today. Should we be worried about whats happening with amazon, their profitability, their big spend in bazos likes to spend money. We know that. He is focused on the future. I wouldnt worry at all. In fact, im looking at the charts. Amazon down 34, 35 today. Im calling todd and abandonee, my guys, and saying buy as much as you can. I dont pick stocks. This is a company that for the next 100 years is going to own sectors. Look at two things that theyre doing. First, 65 million prime members. Thats up 40 3erz from last september. 65 million. They spend an average of 1,200 each a year. That business alone is they have a lot of leeway and leverage there. Then their aws business is just skyrocketing up 55 . Its josh. Whats your 100 year price target. I didnt do it. I should have. This is the bets Position Company in any sector it wants to get into for the future. Period. Thats my opinion. I think theyve done everything right. Bazos invests for the future. Theyre spending Something Like 4 billion on shipping. Who else could do that and actually still have a stock thats growing . And, ross, what you are going to see, too, is with the echo and the dots, you know, these things, little devices that you can order even more from, when we start getting numbers, metrics on that next year at this time, can you imagine how much thats going to boost sales through the amazon universe . Its incredible. I mean, you have to just look at this Business Case and say when you think about how to start and run a business in an era, amazon has accomplished everything that no one else in the history of the world has done, and just they can pick any sector they want. They werent in the media business. Five years ago. Now you talk to people, and theyre one of the most powerful forces in media there is. Who is going to win this . Does someone have to win between alphabet and facebook . Look at google. Put take three buckets of alphabet or google. The three buckets is their core business. This is a giant company that was up 21 . Net revenues up 21 . Their core business is operating really well. Advertisers want to spend there because intent. People are buying ads inside of the search results that are relevant to what theyre searching. Thats never going to go out of fashion, and they own the moenl search marketplace. It is they think theyre too risk where i or not performing. This is financial discipline. Then theyre taking excess cash and investing in all the stuff that we dont know thats going to work. Selfdriving cars, space shuttles. I would love to be part of one of those fun projects, but theyre investing for the future. A. I. , v. R. Theyre everywhere. I think thats an interesting thing. Facebook tale of two cities. I mean, their earnings are next week, i think. I fully expect them to crush it. The advertisers are all over the facebook platform. Its really interesting about facebook. The thing to watch in my opinion about facebook over the next 12 months is they have become more and more of a content company. Theyre not publicly saying theyre going out and spending money on content, but theyre doing it quietly. Certainly in the entertainment space. The interesting thing about facebook is they have built their business. Geniuses where, they built their business by getting everyone to set up a page whether its me or you or a company, and then if i actually want to reach my friends, however many i have or the people that have liked my product, i have to pay for it. The question is do they need big media or professional premium conte content if they dont go that way, what are the things other than buying kidnaps that keep people coming back because clearly snap chat has come in and taken the millenial market in a dynamic way. Soon to be publicly traded. Absolutely. Theyre talking about 4 billion or 5 billion of an ipo. I presume it will be on the new york stock exchange. Maybe the nasdaq. You have made a lot of people at the nasdaq mad with that comment. So, ross, just looking at contemporary media history, right now google and facebook are being is it realistic that will continue can they get the ball back . Were starting to see what i think will be a wild 24 months of consolidation. The at t time warner deal is all about content. Theyre also talking about ad tech, which i think is part and parcel of what you just said. Can 85 3erz of the ad revenue sit in two companies . You know, we didnt talk about amazon as an ad platform because they never talk about it. They work with companies. Ill give you one prime kpafrm. Im at a Company Called music. Its a smart the iphone or headphones. They did a promotion with music and kevin hart and blew out the product. They took their inventory, and they blew it out. It just it sold out the product. I mean, they were able to move a ton of product. We dont even talk about am zbloon in the ad space, but they can use their inventory. Those two companies are a real threat to traditional media. At t, time warner come together. I fully expect them to start buying ad tech companies. Its been out of favor. Its cheap. Im part of a lot of them. I can see whats happening. You cant be 1 00 reliant on google and facebook, and big media will come back because premium content will alleges be relevant and so if you think about why did at t buy time warner, assuming it goes through, youve got hbo, which is Super Premium, cnn, all the Warner Brothers stuff, and all you have to do is you have to think about subscription businesses, and you have to think about advertising. You can do more of that at the break with ross levinson. More on the time warner at t deal, and a unique take on the future of televised sports. More halftime back. We are back with media and i want to talk to you about twitter, which was another big story this week. Its down more than 20 this month. Does the company ultimately get sold . Yes. To whom, do you think . Ill stick by what i said a month ago. Google sitting on so much money. Theyve not other than youtube, which you wouldnt call a classic social network, other than youtube, they have not exceeded in the social space. This is a great realtime information prulkt, which, you know, google is all about. Google is the right buyer for it. That said, you know, the quarter wasnt terrible. The sales effort continues to be, you know, really good and really strong. I do like what theyre doing in some of the verticals. Particularly sports, the nfl piece is an interesting experiment for them. It was growing certainly from week one to week two. I didnt see week three numbers. I think its still a bellweather in the tech space. Are they really going to go against him . We had bill miller, the legendary investor sitting on the set earlier this week, and he is a twitter investor saying that jack has to choose. The guy has to make a decision on what company he is going to run. He cant run both. Everybody knows it seemingly but jack. Well, i was here a month ago. I said the exact same thing. Fully time i can sync up with a guy like bill miller, im happy about that. He is one of the smartest guys out there. I agree. I think jack has to choose. You cannot run two companies. I think he is a dynamic visionary. He is a leader. Its impossible to do two jobs. What if he is unwilling to choose . He should have chosen lsh, shouldnt he have . Its up to the board. The board, you know, ultimate willy, the ceo works at the pleasure of the board. Its a public company. There are lots of investors. Just as we saw with sales force wanting to buy twitter, and the investors really making their feelings known to mark benihoff, the investors and the board needs to come together and do the right thing for the company. Ross, its josh again. Can you think of any board of any publicly traded company or any ceo who would be able to brush off shareholder concerns and spend 18 billion, 20 billion on twitter . If someone as magnificent as beniho if was not able to . What ceo has the confidence to now do this even if its a year from now . I mean, memories are not that short, right . Well, we talked about sales force when i was on last. You know, sales force isnt a Big Enough Company to do that. When you look at the combined cash that is sitting at apple, google, and amazon in particular, those are very different stories. You know, look at google and apple with combined what do they have, almost 500 billion of cash . It. Thats a lot. Apple bought beats, and people went crazy. Lost their minds. The stock sold off. Where is the stock now . This is about i mean, look, apple could wake up one day and buy spot dsz ify. In addition to beats before it goes public. When you are talking about one or two or half a percent or 2 of your total cash to buy something, its not that bad. I while there may be some noise, if google bought it, i think, though, the strategy at google thoom be able to do that, and maybe there is a hiccup and maybe there isnt. Well wake up a year from now, and the stock will be up. It will be such a small part of their business. Hi, its courtney begin ston. I wanted every wanted to go back. Jack obviously repositioned his company on the last call, right . Where do you think you actually value it and how low does the stock need to go in order for someone to actually say, okay, this is time for me to come in and its worth it . Its a great question. We could add a couple of Companies Like twitter in that mix. I think you could talk about pandora in the same breath. I think you can talk about etsy in the same breath. When i are doing the technical analysis, you might say theyre still too expensive. If twitter dropped down into the 8 billion to 10 billion range, i think its gone pretty quickly. You would say if you are trying to compare pure tech you are right. We almost have to start erasing that. Its really becoming a blending. Its going to be a tech powered Media Company or a Media Company with technology. I dont want to belabor that. If there is more consolidation ahead, cbs, viacom. That seems like it has a likelihood at least the speculation is that could happen. Who else . Do you believe that . Well, i do believe that over the next 24 months its going to be a bonanza of consolidation. Great for bankers. Probably good for the stock market. A lot of activity. Viacom plus cbs makes sense. That made, by the way, be step one of a second transaction. I could fully see Something Like verizon, someone like verizon coming and buying the combined company because of this consolidation. Who knows . This. You really think something that big could happen . Why not . I mean, you know, look at at t bought direct tv a year ago. It was a big deal. These companies are money is so cheap to borrow. The Interest Rates look like theyre going to remain low. If youre going to do it, do it now. Yes, i fully there are out liars. What happens to sony . Thats one i probably start looking at because, you know, i think the Parent Company needs to decide what to do with sony entertainment. Viacom, obviously, and cbs together makes a lot of sense. Viacom looks like its going to name bob backish, who is a terrific goo guy. I have known him forever. Theyre staying within the family. I fully expect a number of these transactions to occur. Ross, just real quick, you mentioned sony already. What about lions gate, amc . What about maybe even stars . Those are obviously much smaller than that cbsviacom conglom rags you just spoke of. All of these have to be on the radar, right . You have to own it. If you are going to be in this platform business. I fully expect that to happen. You have to build subscription businesses. You cant do that. We just saw it happen, right . Vessel, which really took a revolution earl approach to the influencer market in the tech space. You know, i think jason did everything he could ultimately ended up selling it to verizon. The premium Super Premium stuff matters. It goes to the sports idea. We touched on it a minute ago. I think the world is going certainly to a skinnier bundle, but within that skinny bundle, it has to be about super strong vertical content, and nothing is stronger in the world. Certainly in the united states. You could say the same thing about the u. K. With the premier league. Nothing is stronger than sports live programming. So let me stop you there. Since you went there, and i wanted to go there anyway. The ultimate Super Premium programming, the nfl. Whats going on with ratings . Why do you think ratings are down . There could be a myriad of reasons. I have no doubt were going to wake up at the end of the year and you are going to see that the nfl has performed better than any other any of its other competition. It is the cream of the crop. People always talk about, well, if you are going to draft one player, who would you draft in baseball and football . Who would you start with . If i were starting anything that had to do with media, whether its over the top, whether its mobile, whether its television, free to air or cable or pay cable, then the number one draft pick is the nfl always and will be forever in this country. Period, full stop. Theres nothing like it. Its scarce. Theres only 16 games in the regular season. Die hard fans sports is tribal, so you have this incredible passion, and while were seeing a bit of a blip, it could be because of the election. It could be because of weather. Who knows . Are you surprised the way the stock moved afterwards . I bought it because i really do think that little a longterm great play. I think at t is doing absolutely the right thing. I think theyve done the right thing, and this play on getting hbo in particular because lets be honest, thats what theyre bag. That done tent play there. It could be huge. What if it doesnt happen. Anything is a possibility. I would hope that the deal would happen because it is its a vertical sbreg grags. Its not going to cause issues from a competitive perspective. Everybody is saying that its vertical sbreg grags story zbloosh it may not matter. I think the deal will happen unless someone is trying to make a statement. Everything says that the deal should happen. There will be sh the laws are against the laws are arent they all . Im a little bit concerned. I have people are coming out of the wood work criticizing the deal. The laws are against consolidation in one industry. Its to prevent time warner. Ive owned time warner for a year now. Its to prevent monopolization. Theres nothing wrong with vertical integration. Do you think it matters after the election logic will matter. Absolutely. I think its just horrendous headline risk. The wall street journal had a story yesterday, the professional they dont want thinking anything to do with it. You know from his bold short calls today. Andrew left joins us with some of his buys. There he is. He is with Citron Research. Well talk to him in just a second. Before we go to break, todays big earnings movers, including master card, hersheys, hanes. There they are on the board. Hey gary, what are you doing . Oh hey john, im connecting our brains so we can share our amazing trading knowledge. Thats a great idea, but why dont you just go to thinkorswims chat rooms where you can share strategies, ideas, even actual trades with market professionals and thousands of other traders . I know. Your brain told my brain before you told my face. Mmm, blueberry . Tap into the knowledge of other traders on thinkorswim. Only at td ameritrade. Welcome back. Citron Research Founder andrew left best known for his short ideas. Well, today he is making the case for his latest long positions. Skbro i had to do a double take. The guy who has railed on malencrock is long mila. Talk to me. If you are going after mylan for the senate to bring in mylan and that become the next victim of public outcry over pharmaceutical pricing, its completely outrageous. The epi pen pricing, yes, its been there. The stock has lost. Mylan. Its whats happening in congress. Thats exactly exactly, scott. I understand its a consumer brand. It became a great whipping boy and a wonderful thing to go ahead and stand on your soapbox and say, look, were doing something. Wgs did. Lets talk Restoration Hardware. Floer one of your longs. It will done incredibly well ask then fell back to earth. I guess thats when it became attractive to a guy like you. Yeah. Well, its funny. Rarldless of what the tape says today, amazon is just beating up everyone in retail. Youll have some form of experienceal type retail. For anyone who has been into a Restoration Hardware store, youll see it. Also in the path, im short wayfare. It is an experience. You see a big depressioned dinner table for, like, 10,000. Thats an experience. Oh, now they have rh modern. Yeah, true. Thats your opinion on the taste. Each to his own. Youve never invited me for dinner. I cant actually comment on your dining table. That being said, i think that restoration by the way, price points at Restoration Hardware are decent when you are looking at highend furniture. I wouldnt be surprised if William Sonoma would add them as the higher end to the pottery barn. Thats why wayfare has zero future. Go try to return your couch. Tell me how that works out. Has good stores. They have a nice product. A stock has management has not the rh modern launch was a complete debacle, and once that gets settled out, you are looking at a company right now at 1. 5 billion. A stock thats 3 billion. One thats profitable and one that will never make a roft. Not to mention furniture online. I think thats one area that even amazon if jeff bazos was here right now, i would say, yeah, i dont think were going on win in the Online Furniture business. Most importantly, these Companies Like a Restoration Hardware are selling 50 of their product online. Similarly right now when you take a Restoration Hardware, these are not brick and mortar companies. Theyre also ecommerce companies. Youre short wayfair. Thats what you are telling us now . I believe short wayfare and long Restoration Hardware. It was 40 right after their quarter one month ago, and now i think its, what, 29. Management, i think, will be able to go ahead and launch the rh modern line and get the stores. Hopefully put some nicer dining tables for you, scott, and be able to get the stock back on track. I hope so. Or at least you do. Andrew, thanks. Andrew, Citron Research out in l. A. For us. Coming up, world series champion threetime allsometime tax teixeira will join us on the set. His business plays life after baseball. Well talk about the world series. We will talk about the state of the game as well when the Halftime Report comes back. Is happening before our eyes. Shift in Human History sixty to seventy Million People are moving to cities every year. At pgim we help investors see the implications of long term megatrends like the prime time of urban expansion, pinpointing opportunities to capture alpha in real estate, infrastructure and emerging markets. Partner with pgim the Global Investment management businesses of prudential. This is my retirement. Retiring retired tires. And i never get tired of it. Are you entirely prepared to retire . Plan your never tiring retiring retired tires retirement with e trade. Im in vests and as a vested investor in vests i invest with e trade, where investors can investigate and invest in vests. Or not in vests. Sign up at etrade. Com and get up to six hundred dollars. We need to be ready for my names Scott Strenfel and r im a meteorologist at pg e. We make sure that our crews as well as our customers are prepared to how weather may impact their energy. So every single day were monitoring the weather, and when storm events arise our forecast get crews out ahead of the storm to minimize any outages. During storm season we want our customers to be ready and stay safe. Learn how you can be prepared at pge. Com beprepared. Together, were building a better california. Power lunch starts in 19 minutes. Heres whats on the show today. We have 11 days to go. How will the strong gdp numbers play into the race . Hot nation. Were getting there. Nine states voting on marijuana this year. The big money and the big names that are getting into the pot business. Royal caribbean is one of the best performers in the s p 50000 today after their earnings report. Ceo joins us on power lunch. Scott, back to you. Okay. Michelle, thank you. Well see you in just a bit. Mark is in the house. The just retired new york yankee is talking with us about life after baseball. The world series. So much more. There he is. Half hiem report back after this. Experience the thrill of the lexus is f sport. Because the ultimate expression of power is control. Get up to 5,000 customer cash on select 2016 models. See your lexus dealer. With new cabinets this wfrom this shop,house, with handles designed here, made here, shipped from here, on this plane flown by this pilot, who owns stock in this company, that builds big things and provides benefits to this woman, with new cabinets. They all have insurance crafted personally for them. Not just coverage, craftsmanship. Not just insured. Chubb insured. Welcome back to the Halftime Report. Mark better known for his Major League First baseman. Five gloeld golden gluf awards. He has a new plan in place for life after baseball. Its good to see you back here. Congratulations on the incredible career you had. You seem too young to go. Yeah. Im young for the world, but old for baseball. I feel good right now. I dont know how much people know about what your interests are off the diamond, but you do have a lot of business interests and a lot of investments that you have made over your career. I do. I wasnt just a baseball player. When i was a yankee and during my career, i had a lot of other interests. Philanthropy, real estate. I actually do take a look at my portfolio, unlike a lot of guys. Because of that, i already have kind of that balanced life and i have things that i can do postbaseball. Stock market . Are you into the stock market at all . Are we talking other kind of i cant following the stock market every day doesnt really float my boat, but being aware, absolutely. With the election coming up, i have to know that we might want to scale back on equities right now, and we might want to diversify a little bit more in this coming year. Juice press. Early investor, too, right . Early investor. We were literally Walking Around new york city with bags of cash, you know, paying people for produce, you know . In new york city. Thats how early i was in juice press. Because of that you can have a huge up tick in your investment. Those type of things are fun for me. I can meet people and touch the product. Wheels up. You have a unique opportunity. Obviously based on the profile that you have had from your major league career. To get in on the ground floor of some of these what you would call startups in a whole variety of industries. Are you looking for more of that . Is your portfolio full . Its a little bit full right now. I dont have a job. I mean, right now no one is going to pay me what the yankees just paid me to come talk on even though Interest Rates have been low. Im sure you have been a good saver, though in. I have been a good saver. I took the last eight years of new york as a really long internship. I met people. I learned about different organizations. Learned about different industries. Learn what i like, what i dont like. I like real estate. I like philanthropy. Im involved in a huge it brings the two together. I have dipped my toes in enough. You live outside atlanta or stay here in the city . Imauto going to stay here in new york area. I live in greenwich with my family, my kids love it. Ill spend a lot of time in tland and spend time with my dad and visit my friends and family all over the country. Whats the Real Estate Investment you have outside atlanta . We bought over the last eight years, 300 acres of midtown real estate. Its a real industrial area. A lot of people had moved out over the last few decades, and atlanta is a growing town. Millenials are flocking to atlanta. Georgia tech being there. I went to georgia tech. Its kind of like the southeastern hub for technology, and because of that we have so many different Job Opportunities and all these great investments in raw land that were starting to develop now. Watching the world series obviously a lot of hooplah about the cubs. Indians would be great as well. Whats the state of the game as you walk away . The game is in great ill say that. I think you can tell a lot about an industry when how many people are selling. Nobody is selling baseball teams right now. The industry is doing great. I do worry about young kids not watching the game. The kids, even though their dad played baseball, they dont watch baseball like i did. Are they in a consumed baseball. But i still couldnt watch the whole game. If anyone is going to figure it out, were going to do a great job figuring it out. Im not judge, jury, and executioner there. He made a lot of mistakes. Theyll tell you theyve made a lot of mistakes, and i think that pete rose, who also made a lot of mistakes, he is not in the hall of fame. Those guys might get held out. Do you think he should be in a hall of fame. I dont think pete rose should be in the hall of fame. Now that imauto not playing baseball, i can give that opinion. He broke the Cardinal Rule of baseball, and then lied about it for a long time. I dont think thats probably what the the Cardinal Rule is no crying. Its not betting on baseball. You know, and then lying to everybody about it for 30 years. Thats a tough thing to swallow. The game has to be in a good state if you guys were ticket p series, im sure youre talking secondary market, but nonetheless. The lowest ticket now is just under 1900. And the average ticket price to go to the cubs game tonight in chicago where i live, 4,000. Wow. 4,000. Cubs fans waiting a long time. And people waiting to go to bars in wrigleyville for the last 15 hours. 250 cover to go to a bar. They give you a bottle with the thousand. Okay. Let me ask you before i let you go, you mentioned the philanthropy. Ive seen some of the work you do first hand with harlem rbi, celebrating the anniversary of the organization this year. Why is it important to you . Were changing lives. I feel strongly about giving kids opportunity, i had an opportunity, i grew up in a middle class family, i had a great school where my teachers cared about me. Kids in this city and cities around country dont have that. I feel strongly about giving kids that opportunity. Harlem rbi is an Amazing Organization that does that. Stop by again. Thanks. Mark teixeira. Final trades up next. A look ahead at next weeks big earnings. Facebook is on tap. Baba as well. Halftime back after this whats Critical Thinking like . A basketball costs 14. Whats team spirit worth . cheers whats it worth to talk to your mom . Whats the value of a walk in the woods . The value of capital is to create, not just wealth, but things that matter. Morgan stanley welcome back to the Halftime Report. Yesterday, iex hosted a Charity Event for wings over wall street, that firm raising 71,000 to help fight als. You can still help by going to wings over wall street. Org. This is important to you. Yes, and our buddy kevin oleary, because we still have that dinner with kevin oleary, three people get to have dinner with kevin oleary, ocean prime in new york city, you can bid for it. If you go to bidding for good or to that website. You were at their event last evening . Yes, i got to host it, just as you got to be the emcee last year. My turn. Lets talk about next week. Big earnings reports coming up, some we talked about already, others we have not mentioned. Lets start with facebook. You like it . I love it. The chart looks pretty good. I love facebook. Absolutely love facebook. People talk about stocks getting amazoned and everything else. You talk about why vine is no longer part of twitter. It got facebooked via instagram. Lets be honest what happened there. I think facebook will crush numbers next week. It is a long term solid, solid name to hold. Josh, alibaba. In a week where we had jim chanos sit over the this side of the desk talking about why hes short. I hate being on the other side of the trade. I traded this from the long side, never shorted it. I traded it poorly, actually. I bought it in the high 60s, sold it in the high 70s and went on to triple digits. My take on alibaba is that they seem to have it figured out what wall street wants to hear, how to communicate with the street, took a few quarters. I wouldnt be shocked if they deliver exactly what the market wants to hear. And i wouldnt be shocked if the skeptics come out and poke holes in it, which seems to be relatively easy to do with this name. So many moving pieces, so much opacity, so many governance issues that are still unresolved, so it is just a really, really tough battleground. I stay out of it. Funny, a stock we dont talk about probably enough in this program and the way we talk about other Food Companies and mcdonalds, starbucks. Starbucks chart technically the stock has been a mess. Really since the spring. But this is the type of name where if they do disappoint, thats when i would want to pounce on it. Thats when i would get interested in buying it. You own it already . I do own it. I love it. I bought it when they talked about their Growth Strategy in china. Theyre sticking to it. Theyre on it. They get it. It is absolutely another longterm name to hold, were seeing our clients involved and active in it. It is a very, very good name for the longterm. Jimmy . I think there is some cross currents we might miss under the big names were talking about. Want to highlight. Please. We mentioned time warner. There is a few Entertainment Companies reporting next week and they can certainly comment on the environment for the merger space. So cnbs is one. Lions gate is another. You got adidas reporting. You had under armour and nike disappoint. So were going to see has adidas been winning share. We know they have. They have had this amazing resurgence. But are they going to Say Something that gives the whole sector a little bit of a pause here . It is hard to imagine that even though adidas has done so well, that those other two, which are powerhouses, have fallen that hard. Judge, lulu, keep an eye on it, because of the explosion this week. Bottomed at 54, going through 60. Good stuff, guys. Great having you here. That will do it for us here at the Halftime Report. Power lunch starts now. All right. Good afternoon. Im melissa lee. Heres whats on the menu, the final threat, were hitting the campaign trail with 11 days until the election. Full steam ahead for Royal Caribbean following a big earnings beat. The ceo joins us. Why mr. Good bar is having a great day. Were serving up some candy here on power lunch starting right now. I want candy welcome to power lunch. Im michelle carusocabrera. We have three hours left in the trading week. Stocks are in the green. You see the dow now higher by 79 points. The s p by 7 and