Briefing. Well bring it to you live from the white house as soon as it begins. We have a big show for you on making money. Charles folks the broad market trying to rally without the big growth names right now. Ive been pounding the table during these periods of socalled rotation. Dont get blinded by headlines or news that the market is down. Because these value names simply do not carry the broad market but they can make you a lot of money. I think it is critical for the overall rally to broaden out you need more winners. I will bring in two of the best right now and discuss where theyre investing. Fitzgerald group Keith Fitzgerald are and kingsview, Wealth Management cio, fox business contributor, scott martin. Scott, material names have been up. Industrial names have been up. Theyre very tiny fractions of the dow, s p, nasdaq so the overall market will not be up but there are big winners there. There are, charles. I like your call. Feels good to having the fangs go up every day like they have been in may and june, the reality you need more expansive rallying stocks. You talked about the key where this rally is going which means it will probably spread and continue to spread as we talked about to the midcaps and small caps and financials which you know i loved in the last few weeks but it is so funny when you talk about the size of the Industrial Companies and s p financials are very small now too. When they rally, they dont bring the market up much but good to see them go up. Charles i will circle back specifically to talk with banks with you because i know you like them but i want to bring in keith as well. I posted posted a photo of ups e outside. My wife took it. Gigantic line. I went earlier in the week. Same sort of line. Fedex is top five percentage gainers today. There is money to be outside of the facebooks of the world and googles of the world, but it doesnt reflect. The markets could be down but you could still have big winners who dont get a lot of visibility. Is very true, charles. The situation strikes me like the gold rush of 1848. You have a lot of people going into the hills to look for gold. The people making money were people selling shovels. Fedex is one of those shovel companies. Ups is one of those shovel companies. The banks are shovel companies. I would rather sell shovels than looking for gold. Charles you know you gave me a segue to go down the pact, i will not go down talk about shoveling things. This monster month last month for retail sales, up 7 1 2 . Wall street looking for 5. 2 . Driven by auto sales. A lot of components if you look inside benefited from reopening. Look at these winners, folks. Collecting up 105 . Restaurants, bars, up 20 . Department stores up 20 . Cars up 8. 2 . Part of the move to suburbia movement. Sporting goods a lot of that gun sales. On the losing side, building materials, grocery stores. Were not hunting down toilet paper like we were. Internet which is rare. Got i want to ask, when you look at numbers like this, how does this inform your way of investing . By the way, the stalled reopenings, how would that impact your portfolio . To us at kingsview, charles, it speaks of opportunity. These retailers that you mentioned, some of the numbers are staggering. Theyre shoveling into the cash, because reality numbers got so bad in retail, they were bound to get better, bound to get good. Now we started the reopening, government coming with reopening and exceptional stimulus in my opinion. Retailers are bound to rebound because everybody not gets used to it but become more comfortable to the new way of living we have. We look at airline stocks, and people get pent up out here realize they want to take trips and maybe book that airbnb. Therefore i think that is where money will be made in the next few months. Charles i got to tell you, they look so compelling and they were all among the toppersage gainers yesterday including expedia and bookings. I think youre right. If we do get over the hump in any form or fashion they would be the outperformers for the second half of the year. I know you guys, both of you sort of focus on value and opportunities there. For those folks who want to buy tech, buying the dip in tech only worked for 10 years or so. Is there anything, anything, keith, that you would buy in the tech area, the momentum area thats down today . Well i tell you what, i tell you what i have already have purchased today. I have gone after apple. Because i like stuff that goes on sale. Im a Pretty Simple guy. Scott makes a brilliant point using the word comfortable. People will get comfortable living in the new environment were in. That speaks to shovelers, microsoft, jpmorgan. Visa is down today, i havent bought yet and ive looking very carefully. As the world goes forward people will spend and that is great move into digital currency. Charles visa is considered a tech name and also a independent pas name. Real quick, i promised to get back more to banks specifically. Scott, you like jpmorgan and citi. Are you frustrated they have had these amazing Earnings Report in the sector . Morgan today, Goldman Sachs yesterday and these stocks really arent moving . There seems to be a miss match between the results and wall street yawning. Maybe. Looking half full which is cool. I look at them half empty. Frankly the guidance from banks were not great. A lot of ceos whether dave salomon from goldman or jamie dimon talk about the uncertainty that lies ahead. That is real. That is reality but that wasnt exactly reassuring and the Loan Loss Provisions were at record levels and net interest march begins still dont look good. To meeters were not that great and stocks will get smoked. That is opportunity to verify the bottoms are kind of in here. I dont think they have any place to go but up. Charles my man, if the stock picking stuff doesnt work for you, in washington, d. C. , anyone who can spin a thing that you just spun like that, you have a gig waiting for you in d. C. That is all i can say. I will submit my application. Charles appreciate your time. Okay. Meanwhile, folks, number of americans filing for Unemployment Benefits sit at 1. 3 million for the week. That is the 15th straight week it goes down. Continuing claims theyre down for six stray weeks. Pandemic assistance, we havent talked about it. It was multiweek track to the upside. All the numbers are still too high. We still need more government assistance what would it look like . I want to bring in Kings College professor, brian brenberg. I dont think congress has a lot of time to dither on this. What should this package look like that is something reasonable to pass that will keep the rebound going . Congress doesnt have a lot of time to dither, charles, the problem they are so far apart. Democrats in the house and republicans in the senate are thinking about two very Different Things right now. The key here, the key has been for months, what do you do to help people get back to work. The centerpiece of anything we do from here has to be that and its got to start by addressing the elephant in the room, that is the bonus were paying people to tea home. If you talk to businesses, i dont care if youre talking to Small Businesses or large businesses, mediumsized businesses theyre all saying the same thing right now. You cant get workers back on the job. It is a reality on main street. Its a reality in peoples lives. That has to be the center piece of this bill. Weve got to find policy that get people back on the job. A payroll tax cut, could do that. A back to work bonus could do that. But it has got to deal with the unemployment problem we have right now. Unemployment benefits problem. Charles i agree with you 1000 . You and i talked before about this assault on the nuclear family. In fact more recently we discovered its part of the black lives matter manifesto. Singlefamily home ownership. Looks like what might save this is the coronavirus, right . This is obviously always been an essential part of the american agreement. We were reminded this morning from the numbers from the nahb, really just phenomenal. Homebuilder sentiment at a fourmonth high. All the components come back strong. Im relieved, although there is still a lot of pressure and still a lot of talk of the singlefamily home being racist which is very confusing to me. So confusing to me but you know this is a fascinating time, charles. I have lived in new york city a decade, made a lot of friends there. I have never seen an exodus from new york city like im seeing right now among friends. They are out. They are going to smaller urban environments. Theyre going to the suburban environments. Because they got a taste of that life in the midst of this pandemic. They liked what it meant for their family. I do not understand this attack on the American Family but ill tell you where it starts. It starts with a caricature of the family. If you look at the folks arguing against the family right now theyre caricaturing what it looks like. It is 2. 1 kids and white picket fence and deck on the back and it glosses over all the sacrifice and all the messiness. The fact is the American Family, we know this, is the heart of the communities that we live in because theyre taking care of their loved ones and their friends and family and neighbors. We have to have more of that. The fact is, the singlefamily home is a big part of that. Charles it really is. I hope it doesnt go away, nor the nuclear family. Real quick, brian, get your thoughts, youve been a big advocate rolling back regulations. President trump will be talking about that at 4 00. What else do you need to see . Explain to people who just cant connect those dots why it is so important . Charles. Nobody has stemmed the tide of new regulation like President Trump. We talked all the time about rolling it back, but the fact is he stood in and said well not have anymore of it and the decrease is shocking. That is important for businesses because they dont spend all their time wondering what is coming next and how will i deal with it. Instead they invest. That has been the real secret sauce. He need to talk more about that because biden has a big regulation plan. That will be one of the key differences in this upcoming election . Charles brian, always great having these conversations. Thanks a lot, my friend. You bet, sir. See ya. Charles Appeals Court rules that msnbc host joy reid must face a defamation lawsuit brought on by a trump supporter. Has the media been too hard on trump voters. What exactly will this mean for all journalists . Trump attorney jenna ellis will weigh in on that. How a massive hack leaves twitter users roasting the blue check snobs. Later in the hour. [theresa] shingles . Oh dios mio. So much pain. Maria had to do everything for me. [maria] she had these awful blisters on her back. I dont want shingles when im your age. [camera man] actually, if youre 50 or older, youre at increased risk. [maria] thats life, nothing you can do. [camera man] uh, shingles can be prevented. [maria theresa] shingles can be whaaaat . [camera man] prevented. You can get vaccinated. [maria] where . [camera man] at your pharmacy, at your doctors. [maria] hold on [maria] dont want to go through that [theresa] hija. [camera man] talk to your doctor or pharmacist about getting vaccinated. [camera man] talk to your doctor or pharmacist Simon Pagenaud takes the lead at the indy 500 coming to the green flag, racing at daytona. Theyre off. In the kentucky derby. Rory mcllroy is a two time champion at east lake. Touchdown only mahomes. The big events are back and xfinity is your home for the return of live sports. Charles so a week after being tapped to host a prime time 7 00 p. M. News slot, federal Appeals Court is reviving a defamation lawsuit against msnbc anchor joy reid. Reportedly the Second Circuit court of appeal overruling a lower court saying the lawsuit the brought by a trump supporter can move forward. She is accusing reid of defaming her, posting a viral photo of her that was inaccurate. President trumps attorney joins us right now. Jenna, when you read the story, it is very egregious, a woman was trying to diffuse a situation. Because she had on a red maga hat, she was reported actually instigating it. A child was later on hugging her, thanking for her assistance. Once again the red hat was enough to spark the ire of the media. They went after her. I will say joy reid apologized later but this lawsuit will move forward. And it should. So i think this indicates that courts are increasingly concerned that media figures like joy reid cant use their twitter accounts and shows as a bully pulpit to try to silence or intimidate Trump Supporters. So what is important two things, charles, about this legal opinion from the Second Circuit that i think is really important. First, the circuit, the Second Circuit joins an increasing majority of circuits saying antislap lawsuits, essentially defense trying to remove frivolous lawsuits does not apply in federal cases. So the standard under the federal rule is just that the plaintiff has to show the plausibility of being successful on their claim, not under antislap suits which is a probability. The second thing, that the circuit also found a limited purpose public figure is not someone like libert. You have to be a limited purpose public figure, someone who has regular continuing access to media. Not someone who shows up to a Community Meeting and is only thrust into public life because someone like joy reid goes after her. So i think these defamation suits should survive, absolutely. Charles let me just ask you to take off the attorney hat for a moment just as person, you do a lot of interviews. Occasionally i will see your name trending, usually for some sort of explosive exchange you have had with an anchor. You do this, so youre accustomed to that, regular folks attacked over and over again for vote fog are President Trump or even supporting him by the media this, is not good. This is something that i think is, should be called out and i, i dont know if it will take more legal action to do this, but what do you make the of the notion Trump Supporters themselves should be targeted like this . Yes, absolutely ridiculous and it is frankly unethical if someone like joy reid and others to go after common, everyday american who is not a spokesperson like i am. Not in the public light, voluntarily, intentionally joining the campaign for the purpose of speaking in the media. Im used to those types of attacks and thats fine but for the regular ordinary american wants to show support for President Trump, want to wear a maga hat, for the Mainstream Media to go after them, just like the covington lawsuit, just like other instances that weve seen, that, the Mainstream Media is bullying people, simply because they support President Trump, thats not okay. Again, that is unethical. That is something where defamation suits like that should survive. That is where President Trump is right, the silent majority, people who dont want to deal with things like this, they might not wear a maga hat. That is actually sad. We should be able in this country to promote the candidate that we prefer without fear of reprisal from media entities and people like joy reid. Charles that is what i thought this moment in time was all about, shed things like that, love who we love, be who we are, express optimism for who were optimistic about but it is one side and vicious and i hope that it stops. Jenna, thanks very much. Thank you, charles. Charles blue check marked twitter users were put on a lockdown, a timeout after a massive attack and unverified masses loved it. Exactly how did hackers pull this off . Amazing story that we have the details. While all the focus is on twitter, the europeans top court announcing a bombshell that is probably a much bigger worry for tech stocks. Well be right back. Experience the adventure of a bigger world in a highly capable lexus suv. At the golden opportunity sales event. Get zero percent financing on all 2020 lexus models. Experience amazing at your lexus dealer. Charles well, folks the investigation is underway after unidentified hackers broke into twitter accounts of tech moguls, politicians, including jeff bezos, bill gates, joe biden, barack obama to name a few. Apple and a few other companies were hacked in an intent to siphon bitcoin from their social media followers. For more what happened, i want to bring in susan li. A fascinating story. Susan fascinating, yes. Probably one of the biggest Security Breaches in social media history. Investigations do continue today. As you mentioned the accounts posted same message to a bitcoin scan that may have netted the hackers 100,000 worth. Twitter for its part said it was a coordinated social engineering attack by people who successfully targeted some of our employees with access to internal systems and tools. That means employees were tricked to giving up passwords and access to the internal system, thereby these accounts. Jack dorsey twitter founder tweeting his apology, writing it was really tough day for us at twitter. We all feel terrible that it happened about raises questions and concerns about privacy and security on social media as we head into the november elections. Youre probably wonder why hackers could not get into President Trumps account. I was speaking to some of the security experts, there are probably heightened security around the president s account and very limited restricted access internally. Biden this morning tweeting off the hack event yesterday. He was able to get back into twitter and biden writing, i dont have bitcoin. I will never ask me to send you any. If you want to chip in to make donald trump a oneterm president , you can do that with a link to his campaign fundraising. Twitter shares down in the session. Sizable volume selling off with the stock. U. S. House intelligence officials saying they are in touch with twitter regarding this hack. The fbi says they are aware of thi