stole the show. i say a star was born as he and melania trump talked about justice for all-americans. speaking of rnc, it seems to have a positive effect on president trump's poll numbers. the swing state trump bump closing the gap with joe biden. all that and more on "making money." ♪. charles: folks, records all over the place as wall street keeps going. the bull market picking up speed this as new data on the economy continues to defy the experts. durable goods orders for july climbed 11.2%, significantly beating consensus estimate of up 4.3%. transportation was higher. electronic equipment was higher. computers were higher. business investment came in better than expected this is more evidence that the consumer isn't dead. which brings me to my stock of the day, dick's sporting goods. reported record revenues and earnings for the quarter. i think another great example of omni channel success. here to talk about all of this, kaltbaum capital management president, fox business contributor gary kaltbaum. baltic capital market chief strategist, katheryne rooney vera, ladenberg thalmann asset management,. gary, how should it inform your portfolio. what we see with the economic data, what we see with dick's, the consumer is doing pretty well. >> i don't disagree. i think definite areas out there. with dick's i think bicycles, treadmills and golf equipment, with what we're seeing. there is some big winners but there are some losers in retail. best buy, big winner, even the stock pulled back on earnings. big winner. you know who all the losers are. kohl's, macy's, things like that but over all easily the economy is stronger than most expected and when i go out here things are busy. it is good to see but for me online, as far as retail is just going absolutely gangbusters. that is where i'm looking on. charles: sure. that's the key, omni channel which includes now curbside pickup, for them up 195%. i want to give you a shoutout. you've been kind of enough to share your workouts on twitter, gary. here is the thing, if people would have bought dick's when you started sharing workouts, they would all be rich. kudos to you. >> [inaudible]. charles: there you go. kathryn, obviously there will be winners and losers within any particular sector. but the sort of notion that the american consumer is dead i think has been overplayed for a long time. we shifted the way we shop but feels like we're shopping more than ever. >> well, charles, kudos to you, you've been in front of this trend for quite some time, calling what a bull market is, an intense bull market. this is an intense bull market. i agree the consumer coming back, if looking to make money, the title of your program, i recommend consumer staples. that is a sector that has dragged the larger upside in the market. so what we're looking at my firm for sectors that have underperformed the broader markets, which unequivocally, charles have been motored by one sector, tech. charles: well, the beginning of the pandemic consumer staples exploded. i got out of things like kimberly clark. i made a bunch of money. i thought there was no way to keep going but you say stay in them. let me bring in phil. one of the things i like from the reports from dick's, phil, this is one ever my investment theses. one company confident to reinstate the dividend and suspending it earlier this year should be on the watch or buy list, what do you think there? >> i couldn't agree with you more. if you look at the reason why stock market does so well with buying strong balance sheets. dividend pay something strong balance sheet and don't forget about the time of year we're in. we're going into the september, the buying season for the year begins in september, grows stronger through the end of the year. the idea the consumer being dead, granted we may need more stimulus to keep the support going. the thesis is spot on, buy dividends, strong balance sheets, con super oriented stocks ride it to the end of the year. charles: my other contender salesforce.com. they also reported after the bell. i talked about sas software names. i look at mark benioff, i know we don't agree a lot of things. you're a great ceo. i love to debate stakeholder capitalism. software is where its at, gary, are there still opportunities? >> i'm loaded in adobe, shopify, service now. there have been a bunch of names top down july 13th, have been sitting around for the last seven, eight weeks. they all topped today, three, four, 5%, off of these gargantuan numbers from salesforce.com. i got to tell you even though it gapped up, i think it is still up in the 50s, i think the stock is much higher. i think software is back in play again and i think that is what will lead a more of a nasdaq melt of up we've been talking about for three months. we're getting 1999ish climactic moves here. i will ride it as far as it wants to go. charles: i got to tell you something, half the names that are up today i guarranty you people haven't heard of. i made a list. i can't find it. maybe we have a full screen we will put up. phil, you talked about sort of a barbell type of approach the last several times you were on the show. so you've got exposure to the more conservative stuff but you also think you've got to have exposure to these hot stocks? >> you do because, let's be realistic here, the money chasing these names isn't going anywhere. you're getting less risk in the equity market than the bond market. for that reason i think you own microsoft or twilio. sales force is the part of the multichannel movement. hold names based on secular change in the economy but don't leave behind the banks here. what will win, most alpha, most return on the other side of the recession is in your banking sector. the ultimate benefit of all this. charles: yeah. i think fintech is giving traditional banks a run for the money but i want to come to kathryn. another thing helping this market, let's face it obviously the federal reserve. this week we got a bid in anticipation of a jay powell. apparently he will make a historical announcement. something that will change the course of fed history, taking some serious risk here. they will let inflation run hot. here is the thing, kathryn, i said for a long time that they have been deathly afraid of deflation. you're a critic of easy money. it will get easier probably after tomorrow. >> absolutely. i think it is inflationary ultimately. one of the biggest fallacies in modern economic theory that inflation is a phenomenon no longer exists because it hasn't existed the past 10 years because the onslaught of liquidity both from the led ral reserve from the federal government in 2018 and 2010, it did not cause inflation then and will not cause it now. people are underestimating the magnitude of the estimate youlie from the monetary and physical authorities. this dwarfed lehman brothers reaction. ultimately inflationary 18 to 24 month period. timing is always difficult. the fed will move to average inflation targeting. they're so far from the 2% mandate it really doesn't matter right now but the fed is inflating the markets. charles: right. >> going back to your previous comment about consumption, heretofore consumption has been boosted by government stimulus and federal reserve stimulus. what i would like to see consumption base, charles, that foundation solidified in reality. an unemployment rate comes back down to single digits, guys, gals, get out there, spend money, make private investments. charles: real quick, gary k., i know you're a huge jay powell fan. [laughter]. he believes -- >> he is actually telling us he's going to let inflation do what? what does he think, he runs inflation? i got news for you. there is 15 trillion of printed money between europe and the united states. forget everybody else. that is gargantuan. if inflation wants to get out of hand there is nothing he can do about it. he can talk blue in the face. all we know about him is simple. whenever there issue, print more money. market goes down, print more money. if the mets lose a game, print more money. eventually there will be one heck of a repercussion when it is all over. it is unfortunate. one man can -- is crazy but doing a job right now. you're seeing it in the nasdaq. charles: although they are arguing trying to help the little person, not necessarily in the market. you know, that is a debate we'll continue to flesh out, particularly after tomorrow. before we go, guys, durable goods was a phenomenal number. in a sense the market is looking pretty good here. if you can, phil, what is the number one idea? i know you have this balanced approach. i love when you come on to explain it but is there something you really like a lot now, phil? >> i do. i will give you the name, put a couple dollars in, can have real outsized return is marriott hotels. the strongest balance sheet of a hotel chain in the world. 24 months now, 12 months from now. you will be thrilled you doubled your money. company with upside when the whole pandemic comes to an end. it is still very cheap. charles: kathryn, if you have a name for me, i would love to share it with us, otherwise we have to go? >> i think you need to protect the portfolio. i agree with the bart bell strategy. i think upside to gold and t.i.p.s. purchase of s&p 500 sectors married with a long duration put which protects the portfolio with inevitable downside volatility. charles: gary k., you have been killing it in the software stuff. those flames are names are through the roof. always love our conversation. at 2:30 i'm sharing why mixing politics win vest something a sure way to miss out making a fortune. it was the last big moment of last night's rnc. daniel cameron, kentucky's first black attorney general, the first gop one in a while, stepping up as a rising star in the party. first lady melania trumpp, proving liberals wrong, there can be compassion for all lives, or at least debate that and discuss it next. ♪ get real-time insights in your customized view of the market. it's smarter trading technology for smarter trading decisions. fidelity. coming to the green flag, racing at daytona. they're off... in the kentucky derby. rory mcllroy is a two time champion at east lake. he scores! stanley cup champions. touchdown! only mahomes. expect anything different? the big events are back and xfinity is your home for the return of live sports. ♪. >> wants to keep your family safe. he wants to help your family succeed. he wants nothing more than for this country to prosper, to vote for those ideals is not a partisan vote. it is a common sense vote because those are goals and hopes that we all believe in. charles: first lady melania trump capping off day two of the rnc, sharing a message of unity and compassion. the first lady reflecting on racial tensions as well, telling americans to never make assumptions based on skin color. joining me with reaction "washington examiner" commentary writer tiana lowe. it has been a while since we talked. i'm glad that you're on. i thought the first lady did a phenomenal job. i thought she really confounded the critics of trumps. i toggled around, looked at a few networks. they didn't know how to address this because some topics she brought up and compassion she expressed. >> that was one of the most empathetic and honest political speeches that we have heard in some time. we did not hear that level of authenticity at the dnc. the main thing really, if trump's numbers move with women, which i suspect they will after this, it will be because of this speech. it was honest. it addressed the opioid epidemic went completely unnoticed at dnc. it referred to the coronavirus pandemic in the present tense. which is something a lot of republicans have shied away from. the truth it is still killing 1000 americans per day. the fact she addressed it. she identified with people's pain and suffering it, was a truly moving speech. quite the spectacle. very, very empathetic. charles: yeah. and she identified with the pain, the racial strife and pain. she at least talked about it. she tried to offer some, you know, listen, let's start off by, you know, looking at other people and not making assumptions. that brings me to the other big night. you wrote about daniel cameron, kentucky's first black attorney general. he took on overpolicing leading to the deaths of george floyd and briana taylor but underpolicing in big cities which are crumbling right now. take a listen. >> it was general dwight eisenhower, a future republican president who said democracy is a system that recognizes the equality of humans before the law. whether you are the family of briana taylor or david dorn, these are the ideals that will heal our nation's wounds. charles: so you know, he brings up the question, and here's the thing, why is there no compassion across the board? what happened, tiana, to the notion you can feel pain for a black man who is shot in the back, and you know, by several police officers and then you know you can feel pain for the business owner who is entire life savings have gone up in flames by looters and rioters? i saw a video of a police officer being hit with a brick. why are we being made to pick a lane in this country? >> sew we've completely jumped to this very tribal reaction where you can't necessarily just say you support respect for general law enforcement and also support some reforms to rein in individual instances of police abuse of power. and so i mean we're seeing this right now with wisconsin. we still don't know all of the details about these horrific killings from last night. we have two dead, one in critical condition. we don't know who the aggressors were. but what we do know, tons of private property and innocent civilians face severe damage in the past 24 hours over in wisconsin. and instead, everyone just has to jump to create their narrative. to medical medical's speech, she is someone who wouldn'ted out, yes the racial reckoning is real and necessary, discussing police unions and quantified immunity. all of these things matter. but saying that we need to reevaluate qualified immunity doesn't give anyone license to hit a cop with a brick. we're seeing the gut instinct, to deny that the abuse of power on the other side is happening. we're seeing that there is an abuse of power in these rights. charles: yeah. i mean, just to have empathy for anyone who has been mistreated regard rest of political ideology, color or they aren't. i hope we merge that back into the human lane. thank you very much. appreciate our conversations. >> thank you, charles. charles: check out fox business complete rnc coverage. i will kick it off at 8:00 p.m. eastern tonight. i have a very special guest, johnny joey jones, tyler good speed, an amazing lineup. so many more. secretary of state mike pompeo using his rnc speech to slam china but how exactly do we fight against china and their bullying because they're stepping it up, folks? data company palantir taking hits to silicone valley as they make their public debut. talking about corporate virtue signaling next i'm a verizon engineer, and i'm part of the team building the most powerful 5g experience for america. it's 5g ultra wideband, and it's already available in parts of select cities. like los angeles and in new york city. and it's rolling out in cities around the country. with massive capacity, it's like an eight lane highway compared to a two lane dirt road. 25x faster than today's 4g networks. in fact, it's the fastest 5g in the world. from the network more people rely on. this is 5g built right. only on verizon. charles: the ceo of software company palantir taking a shot at silicon valley this as the company prepares to go public. ceo alex carp writing a letter to the investors the s-1 that the company's values do not align rest of big tech, slamming them for that are social beliefs and predator use of data. he may, some say he may want to look in the mirror about virtue signaling. nonetheless the bottom line is, someone is calling out silicon valley. one of their own. joining me to discuss independent women's forum director of, policy director, hadley heath manning. hadley, it is interesting because last week we heard palantir is moving to denver from silicon valley, palo alto, smart on so many levels. you can buy four houses where they're moving for one, taxes everything else but the ideology and idea of pushing back against the sort of corporate virtue signaling which often mask other things companies are doing may be a lot more egregious than what the stand they're taking is? >> right. virtue is always more important than virtue signaling, right? that is what palantir is trying to get at here. i hope with an ipo that the company doesn't face any, you know, public pressure or pressure to conform to political correctness but that they stick to their values and principles. i moved to denver six or seven years ago. i haven't turned back. i think it's a wonderful place for the company to be. i hope most of all the message comes through they are a company overall about the safety and security of america first. the face of a time when americans are really concerned about having a strong and big enough government and military to face foreign threats while at the same time, having a government that is limited enough in its dealings with individual citizens. charles: yeah a absolutely. they have already faced some of that pressure you talked about from workers in silicon valley that work with the u.s. government. we'll see as a public company where that comes into play. there will be some fund managers who might avoid the stock but i also want to bring up something that you retweeted t was an article about jetblue kicking a family off one of its flights because the toddler was not wearing a mask? how do you think the airlines should have handled it. >> first of all this is 2-year-old child. i'm the mower of a two-year-old. it really hit home with me. a mother was traveling with six children by yourself f you ever travel word children by yourself as a caregiver, hard enough outside after global pandemic. she paid i presume for six or seven seats on the flight and was not allowed to travel as she had planned because she couldn't force her two-year-old to wear a mask. i think the, it is obvious how the airline should have handled with this grace, with understanding. the other passengers were rooting for the mom. let her stay. she is doing the best she can as a mother. the cdc guidelines don't say 2-year-olds wear masks. says start at age of three. i appreciate the plight of the mother. i thought it was really ridiculous how the airline responded. charles: absolutely, hadley. six children. i hear you. always appreciate it. we'll talk to you real soon. >> of course, thank you, charles. charles: hours after slamming china in the rnc speech, secretary of state mike pompeo tweeted this message to beijing. the united states is dismayed to learn that the chinese communist party continues to bully our british friends and their corporate leaders. he went on to right, we must not allow the beijing's campaign of bullying. how exactly do we fight back against china? i want to bring in hudson institute senior fellow rebecca heinrichs. you and i exchanged emails. there was an interesting article in the japan times about a more collaborative effort. it is clear china is lashing out. they're using their waste and really pressing europeans, another warning today to nokia and ericsson, if you don't, if you do anything against huawei we'll stop you from doing other business as well. what is the solution here? >> yeah that, article you referenced by eric sayers, an analyst talking about what the united states needs to continue to do to push back on china. this is not going to be a short-term thing we can do. we are in this for the long haul. he was talking about having collectively resiliency. economic resiliency between the united states and like-minded allies and partners so we can bolster our economies to make sure we are not going to be exploited and vulnerable to economic coercion which is something that the chinese communist party is increasingly inclined to do. now the trump administration i think, there is enormous credit for ushering in a seismic shift in u.s.-chinese relations to finally taking on china and treating china like the competitor and the adversary in many ways that it is, rather than as merely just an economic partner that we can continue to engage with. charles: right. not just a competitor and adversary but one that doesn't play by the rules and to your point when president trump started all of this off everyone really jumped on him. now joe biden is trying to piggyback sort of on the coattails of president trump. i saw an article in foreign affairs that sort of dovetailed what president trump was saying. they were some of the harshest critics of president trump's war on china. what turned this around? what was the general epiphany the whole world knows what is going on and they're speaking out? >> something president trump gets a lot of criticism for the foreign policy but that is one of the most underrated achievements of his administration has been in area of foreign policy. donald trump for years than anybody else talking about the china threat. railing on the threat of china from not just trade but other areas. the coronavirus pandemic pulled the nature back on the chinese communist party and how inhumane treat their own people, inhumane treatment of uyghurs and christians what they mean to the united states. we can see some of this the way they treat people in their trade practices and in the way they treat other nations. but, i think that, joe biden is going to have a hard time convincing the american people that he too will be tough on china when he has had 40 years in government, most recently the vice president of the united states, the chairman of the foreign relations committee when he was senator, on being very soft and amicable towards the chinese communist party. continuing to downplay the threats that government poses to us. kudos to joe biden to waking up even if it is just for political matters. we're going to need bipartisan consensus moving forward. it has taken the guts and of president trump and the ability of this trump administration to see the nature of the chinese communist party and how to combat this threat. charles: yeah. well i got to tell you, rebecca, i've always appreciated the way you've given us additional insight on this but something has changed and the world now sees things a lot differently. thank you very much. always appreciate it. >> thank you, charles. charles: hillary clinton, folks, preparing for another election fight. that's right, now this time she is telling joe biden, do not concede if the election is close. she says, don't concede at all as a matter of fact. i will tell you more at 2:45. we have a great panel. i will tell you how much money you might have missed or could miss out on if ideology comes before profit making. we'll be right back. - the world is in turmoil. been turned on it's head. of a possible recession.. - american cities are experiencing a devastating surge.. - hello, i'm michael youssef. lately, we are hearing so many conflicting voices and i don't blame you if you are anxious and worried and troubled. but if i told you that there's only one voice that you can absolutely trust. after all, he wants nothing from you and wants to give you everything. i'm talking about the lord jesus christ, who said, " come unto me, all who are carrying heavy burdens and worry and anxiety. and i will give you rest. " he's the only one who can give you true rest and peace. will you come to him? - [female voice] are you waiting to find a trustworthy voice in the midst of the chaos of this world? visit findingtruepeace.com to find a voice that will never let you down. again, that's findingtruepeace.com. ♪. charles: taking a look at the market today, big tech and consumer services rocking. that has nasdaq hitting an all-time high. the s&p as well. even though the majority of sectors in that index are down. i want to talk about mixing investing and politics, folks. earlier i said dick's was my stock of the day. they had backlash, pulled assault rifles, all kinds of rifles from the store. 78 said they were just hunting rifles. the assault thing was a misnomer. people told me they would never buy the stock. i understood where they were coming from. i hear this a lot. i got it tell you since then the stock is up 70%. up big today. my next guest is in charge of the maga fund. we'll talk about the choices made on personal, social, political leanings. hal lambert point bridge capital guy there. hal, here is the thing, i think there are instances with religion where i will not buy a stock but i try to divorce my feelings towards a ceo i know has political ideology that i don't have. for instance a mark benioff. i've been in salesforce.com on and off for years. how do people draw the line and do you agree they should draw that line? >> look, charles, i think it is perfectly okay for individuals to make decisions on investing in a particular company based on their values and if those values happen to be whether or not that company is supporting certain politicians or not, whether or not they're taking political positions i think that's okay. i think where you run into danger, when you decide, hey, i will be completely out of the market because i think president trump will do a terrible job and therefore i'm not going to invest. that is where you run into real problems. yep. charles: do you make the distinction though between someone saying hey, i donated money to joe biden but i run an amazing company, it is growing, stock is going through the roof or companies that get more involved in political activism? isn't there some sort of a dividing line? the reason i say this, i think people have lost out on tremendous money. to your point when president obama was in office, conservatives didn't make any money in the market. now that trump is rocking and rolling, a lot of progress serves made no money. by the way many progressives in the financial media haven't helped at all either. >> exactly. but i think it depend. charles, let's talk about dick's. if someone pulled money out of dick's, but they bought home depot, did they miss out on a 70% return? there is way to say look, i will not invest in particular company but i may invest on that one based on that. at the end of the day money does matter in politics. if you have corporations, you do, big companies giving millions of dollars to politicians. those politicians are voting to raise your taxes and put more regulations on you, is that a positive for you long term? versus a short-term difference. i think it makes sense to do that but again not to be completely out. charles: i gotcha. i say the same thing about boycotting products, right? if i boycotted every product i felt like i would have to learn how to field dress, run a trout line, a whole lot of skills i have to pick up. i hate when i have to buy it but i do. the let's circle back to the financial media thing for a moment. when president trump won, the market sizzling at the beginning, i remember hearing it was a bump. inference it would be short-lived. now the financial media lost their mind. every time this market is up, they go crazy. even today i read there is euphoria. i don't see euphoric investors. you can argue whether the market is. believe me, we'll hit rough patches, corrections, that is part of the market. how do investors sort of invest in the market when the so many talking heads that are just so upset that they're trying to talk this thing down every day? >> boy, it is really tough, isn't it? you have this narrative. by the way it has gone on from the moment president trump won the election. in fact if you remember, mark cuban, who is a smart guy, came out in september of 2016, said if president trump wins he has no doubt the market is going to tank. he will put a 100% hedge on his equities. we're up 50% since then. we ought to ask him at some point when he took it off? it is pretty tough, media narrative. market goes down, economy will go down, policies are terrible, president trump is terrible, hurt people in march and april this year, everybody was panicking saying you have to get out because of the pandemic. charles: yeah a lot of people said we would never come back. of course we have. hal, thank you very much. folks, we'll be right back. ♪ come on in, we're open. ♪ all we do is hand you the bag. simple. done. we adapt and we change. you know, you just figure it out. we've just been finding a way to keep on pushing. ♪ yeah. this movinginding a thing never gets any easier. well, xfinity makes moving super easy. i can transfer my internet and tv service in about a minute. wow, that is easy. almost as easy as having those guys help you move. we are those guys. that's you? the truck adds 10 pounds. in the arms. -okay... transfer your service online in a few easy steps. now that's simple, easy, awesome. transfer your service in minutes, making moving with xfinity a breeze. visit xfinity.com/moving today. ♪. charles: you know feels like august 2016 all over again, doesn't it? many pundits are writing off president trump. they're saying win can't happen. the liberal media wrapping up their attacks. the president trailing joe biden in most of the polls but if you take a closer look at the polls, president trump is actually showing signs of strength. cheryl casone is in the newsroom with details. cheryl share that's right, charles. polls show president has strength in swing states and his base is still strong. they play depend on working class voters even those that didn't vote in 2016. they will this time. building, plumbing manuel jobs doing fairly well amid the pandemic economically. to the polls themselves, overall the public image picked up a bit of steam. more voters saw him in a negative light than positive in a recent poll by margin of 12 points. that is better than four years ago where negative views out numbered positive ones by 33 percentage points. his standing among white voters is improving. in recent "wall street journal" survey, currently equal divide, four years ago the negative far outweighed the positive from white voters. 54 to 35%. that is 20 point improvement in four years. 0% of electorate are white voters. know excuse me, with hispanics maintained or i will proved his standing. 31% will back the president. slightly higher share than 28% who voted for him in 2016 that is it according to the exit polls. not over until it is over, charles. charles: certainly is. howard cosell says that is why they play the game. cheryl, thank you very much. for more on these polls, and what has been happening the last couple nights, i'm joined by fox news contributor deneen borelli and former obama director of press advance johanna mata. johanna, i know you know maybe there shouldn't be so much comfort by the democratic party. we have seen though where the press sort of been, sort of snickering a little bit, seemed pretty complacent about the notion of a biden win being a foregone conclusion. >> yeah, no one should assume that this election is over until it's over. it is interesting to me from the trump administration's point of view when they choose to listen to polls, they listen to them when they agree with them. that is pretty indicative of this administration. i think that you know, biden campaign and everyone who is worried about where we are in this country needs to continue reminding people we have 4% of the world's population but we have nearly a quarter of the world's deaths due to covid. so this is going to be a long, hard fought campaign. voting is going to start next month. so absolutely, i think we've got to have, you know the democrats have to be fired up because the president trump has the power of the presidency and showed us that last night. charles: right. you know what, deneen? in all of these issues, economics, covid death, cases moving toward president trump. i could see why democrat was love voting start next month and today if possible. maybe there could be some fundamental changes that also help president trump? >> yeah, well, we're looking at what the president has accomplished, charles, prior to the virus. the record low unemployment. the booming economy. it is, was about jobs in 2016 and it is still about jobs today. and that is one of the things that democrats are ignoring because they want to push their socialist agenda, their big government agenda. more taxes, more regulations, open borders, green new deal which is a job killer and will raise energy prices. they are ignoring the economic consequences of their failed policies. we have seen the results under president trump prior to the virus. you mentioned at the start of your show something about a monster economy that we're seeing. we want to see more of that. it is about the forgotten men and women and president trump's promise of promises made, promises kept. charles: right. well let me switch gears a little bit to a segment i'm calming, here's hillary. hillary clinton, suggesting in a new interview that president trump will do whatever it takes to win the election. so listen to her advice for joe biden. >> joe biden should not concede under any circumstances because i think this is going to drag out and eventually i do believe he will win if we don't give an inch. charles: i'm confused. i thought it was trump who wasn't going to concede. she said under any circumstances, don't give it up. in fact move the moving vans to the white house gates. no matter what the outcome is, don't give it up. that is kind of nuts we're hearing that. what does she mean? >> i mean i honestly that we need -- charles: johanna? >> deneen, you go? >> look hillary is still bitter for losing the 2016 election. so for her to come out and continue to make the comments that she makes especially don't concede, she is the one who hasn't conceded. with democrats, with biden you can't run a campaign in your basement. you can't ignore the rioting and looting. charles: right, right. >> you can't insult black voters. but hillary, they're all pushing for universal mail-in voting which would be an absolute nightmare, charles. charles: sure. >> you can't confirm if people are dead or alive. you can't confirm the address. you can't confirm who filled it out. so they want to find the easiest way to win because their policies are horrible. charles: all i'm saying johanna, we keep hearing that -- >> talk about hillary. >> that trump will not concede. she is actually telling him not to concede, isn't that setting up, that is kind of dangerous stuff. >> well, it is. and it is dangerous that this president has sewed so much doubt in our election results as well. i would say hillary clinton is not on the ballot. joe biden is. i don't think joe biden is taking her advice via zoom. especially he was looking running against her in 2016. so i would not be worried about whether joe biden is going to concede. charles: okay. >> but what i would say we talked to rosario mayor ren on the podcast, said this is not a republican national convention. we're seeing a party of one, donald trump. he is not listening to anyone. and that should concern all americans. charles: okay. johanna, deneen, always appreciate it, ladies. thank you both very much. right now both the nasdaq and s&p 500 on track for mirrored closes but they have they do, we have some top picks that you should be considering for the last trade of the day. maybe a couple of names you never heard of. we'll be right back or what's trending. get real-time insights in your customized view of the market. it's smarter trading technology for smarter trading decisions. fidelity. i'm a verizon engineer, and i'm part of the team building the most powerful 5g experience for america. it's 5g ultra wideband, and it's already available in parts of select cities. like los angeles and in new york city. and it's rolling out in cities around the country. with massive capacity, it's like an eight lane highway compared to a two lane dirt road. 25x faster than today's 4g networks. in fact, it's the fastest 5g in the world. from the network more people rely on. this is 5g built right. only on verizon. liberty mutual customizes your car insurance, so you only pay for what you need. i wish i could shake your hand. granted. only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪ charles: folks, we got breaking news for you. the justice department is mulling a civil rights probe into states which issued covid-19 orders that may have resulted in thousands of nursing home deaths. the doj says it's requesting information from the governors of new york, new jersey, pennsylvania and michigan. meanwhile, the market strongly into the green as we head into the final hour of trading. in time to give the viewers some stock ideas based on what's happening in this market at this very moment, shorter term stuff versus long term, michael lee strategies, michael lee. michael lee, it's just really absolutely phenomenal what's happening with this market right now, particularly the hot areas. i know you've got a four pillar system but these new names that are popping up that people have never heard of before, how do you find them and are you buying some of these things? >> look, charles, i don't get too far in the weeds. i'm looking at the bigger names. it seems to be where the money is flowing. there was a great article about small cap names where if they're not included in any sort of small cap etf, they trade at like a third of the multiple as their competitors so you know, the russell or wilshire5000 is only 35 stocks. i like to stick to the tried and true. but some of the unloved names haven't really run with the market, particularly at & t. i think that dividend is safe. i think they are much more likely to have asset divestitures instead of dividend cuts. those that don't want to buy the expensive market that are kind of afraid of where to go, you can just buy some at & t. it's going to be there. it will pay you over a 6% yield. charles: now, so i know where you are coming from. we talked about that earlier in the show. what about some of the names, though, today there may be 20, 30 names that are up 20%, 30%, 50%. people are always asking about these names because some start off small and become bigger names. i had one this week, the last two days, big commerce. it's up right now about 45% in two days. you know, do you tell people don't try to do those things because i know for instance, you like oracle in technology and you just stick with these that are moving at a more pedestrian pace but have less risk? >> well, look, you know, one of the names that's been like a loser for almost a decade that i recently have come to love is barrick gold. i think of gold as a trade, not an investment. every good trade needs a catalyst. when the government plants over $5 trillion overnight, i say that's a pretty good catalyst for something like gold. the levered way to play that is through the miners. barrick gold is a much smaller company. warren buffett just took a huge stake in it based i think on the same principles. if you want to lever that gold play to the upside, you can look at the gold miners. i would say from a risk adjusted standpoint, sticking in the tried and true s&p 500 names, you can really make all the return you need without really losing sleep overnight. charles: it's got a great symbol. easy to remember. gold. mike, thank you very much. talk to you again real soon. all right, folks. nasdaq, s&p just ripping. the dow, trying to keep up but it really can't. liz claman, it's another big day in the markets. liz: oh, huge, charles. each day has been huge. you hand it off, i take it and things have just been exploding. we have a fox business alert here to start with. with the deadline to submit bids for the u.s. assets of tiktok less than 72 hours away, sources close to negotiations are now telling fox business that quote, what last week was a quote, baseball game in the seventh inning with microsoft in the lead has now turned into a tighter sports race with oracle but for now, our sources are saying microsoft still has it by a nose. sources familiar with tiktok's

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