Sessions. Its been on such a winning streak. Again, i use the word breather right now. While vaccine timing is spooking the markets, colleges across the nation are trying to minimize the scary impact of the deadly virus. Alabama state is teaming up with dragonfly to keep its students safe. The ceo is going to be here to show us how this is all supposed to work. Meanwhile, the covid crisis has caused the makers of one frozen Treat Company to put its Business Plan on ice. The ceo of dippin dots is here to tell us how his freezers are working overtime on new pandemic opportunities. You dont want to miss that. Then one of the Biggest Car Rental Companies in europe is zooming into the United States in the middle of a pandemic. We will ask the board member and namesake about why now is the time for them to expand in america. Less than an hour to the closing bell, im Cheryl Casone in for liz claman. Lets start the claman countdown. Cheryl so after a day of records on wall street, it has been a rough one. The market sinking with the dow seeing its worst day since june 26. We are actually at session lows right now. The dow down 929. We are hitting new session lows. Charles was right, this will be a crazy hour, folks. Now, heres a question. Did the strong start to september just lose its footing . Is this a oneoff, a oneday event . Lets bring in john corpina and phil flynn. John, what do you make of the numbers . You know, we havent seen a day like this in quite some time but lets put it into perspective. We were up 1. 5 yesterday, down 3 plus today. So netnet its down 1. 5 , maybe a little more there. If you look at where we have been and how we got to where we are today, clearly very positive momentum that we have seen in this market. You cannot have oneway markets. They cant always go straight up and straight down. There needs to be some sort of healthy volatility in our markets, two steps forward, one step back. As the market continues to get to even level on 2020 and to new record highs, the conversation of when are we going to sell off, whats going to be that catalyst, how is that going to happen, we are seeing that now. I think this is actually healthy for our markets. In a shortterm basis we will probably see some followthrough tomorrow. Take into consideration this is leading into a holiday weekend, buying is very light this week. Thats going to magnify a lot of the activity. People are working from home who are on vacation as we get through towards labor day. We are not seeing the numbers that we really should see. No one is stepping in the way of this market, whether it was moving higher yesterday or lower today. I think overall, this is a wakeup call the markets not always going to move up. You dont have to make sure you are prepared for some volatility and in the next few months leading up to the election, we are clearly going to see more volatility in this market because the uncertainty as far as covid, china and elections are still there. Cheryl all three of those. Phil, what do you make of that idea about volatility for the fall . Thats a question mark that had already come up this week on this program, because you are looking at these numbers, looking at low volume trading, and then also looking at the other factors, lack of a stimulus deal, lack of a vaccine, the november election, all of that is the uncertainty and markets just dont like uncertainty. No, they dont. They dont like when john tells america that the markets dont go up every day. They want them to go up every day. Im telling you. Why isnt it going up every day, you know . Call john. He knows why. Seriously, i do think we are, i think hes right, this is a healthy correction. We really needed one because we were getting frothy, right . It is the month of september, its a new month, traders are taking a little bit off the table before they head out on their vacations and there are some concerns that, you know, maybe the economic recovery is stalling out a little bit. We have priced in a lot of the good news. You look at some of the data today, the weekly jobless claims, yeah, they were under a million but they are still very very high. You look at the nonmanufacturing data, here in the u. S. And in europe, so it seems like all that momentum we have seems to be stagnating a bit and what that tells us of course is that Congress Really needs to get going and get a stimulus bill to keep this momentum going so we need some help here, you know. The markets calling them out a little bit. This is not by any means a disaster selloff. Its not time to run to the sidelines but it is a wakeup call that we have work to do on this economic recovery. Cheryl to the point about the selloff today, maybe taking some money off the table, if you look at the biggest drags on the dow, its the biggest winners we have been watching. Microsoft, apple, amgen, home depot. These are the companies that have been the power behind the rally, a little bit of cash off the table isnt such a bad thing going into a holiday weekend. Absolutely. You look at the rally that we have had throughout this year, yes, its not the conventional way, but the fang stocks clearly were leading that and you are seeing now today that they are the ones that are leading it to the down side. So you are going to get swooped up into that on both ways. You will get on the way up and then back on the way down. I think that also ties into my point earlier that without volume, you are going to see magnified swings here. Yes, this market needed to sell off. Does it need to sell off 1,000 points, probably not. But thats what we are going to see. It should be down 400, 500 points. If it was a normal day. Conversely, would the market have been up as much as its been consecutive days and weeks over the last few trading sessions and weeks, probably shouldnt have been as much. I think the path is in the right direction. We just need to kind of tighten our outside upper and lower boundaries. Cheryl guys, thank you so much for being at the top of the show. We appreciate it. We have some breaking news coming up actually, we have stocks to watch right now. We have carnival corp. These stocks, well, this is the breaking news. Carnival corp is docked at the top of the s p 500. Two of the cruise line brands are going to resume their sailing operations. Costa cruises will restart in italy on sunday and germanybased aida set to resume in november. This is interesting and good for these companies. Taking a look at the rest of the group, as you can see, they are all higher, even if sails arent going to be happening in u. S. Waters, overseas they are. Carnival up more than about a quarter percent. Norwegian higher by almost four. Royal caribbean, 2. 59 higher. More stocks to look at right now, Rocket Companies are sinking despite swinging to a Second Quarter profit and reporting increased loan volume. The parent of quicken loans taking a hit after it predicted it may fall as typical seasonal trends this year in the Real Estate Market which that tends to be softer in the fourth quarter. We will see what happens here. That stock is down almost 15 . Crowdstrikes earnings lands with a thud, sinking along with the rest of the tech sector and a substantial number of price target hikes. Cannot rescue this. That stock is down almost 9 right now. This has actually been a strong stock this year. Getting caught in the technology downdraft and thats the tech selloff we are seeing today, mentioned at the top of the show you have apple and tesla. Poststock split monday, the tech megacaps are losing ground, apple down for a second straight session, down almost 7. 5 . Probably still getting used to that number on your screen, the share price, but thats the split for you. Tesla down for a Third Straight day as investors are driving profits after the stock surged nearly 400 year to date. Dow down 885. More breaking news to get to you this hour. Never disappoints. President ial candidate joe biden is meeting with kenosha, Wisconsin Community leaders right now, just two days after President Trump was in town. Biden also met with the family of jacob blake earlier this afternoon. Thats something President Trump did not do during his visit. You saw it actually live on this show. Hillary vaughn is following the democratic president ial candidates every move and joins us live. Reporter well, this is democratic nominee joe bidens first visit to the battleground state of wisconsin. This is a Campaign Stop for him, which is notable because he criticized President Trump showing up on the ground in kenosha earlier this week saying it was a selfcentered visit that offered zero solutions, but biden today can only offer Campaign Promises to these local leaders that hes meeting with in hopes that he gets elected in november and can actually do something about the reforms they are calling for. Hes also meeting right now with black lives matter activists, religious leaders, even Small Business owners and before he got to kenosha today, yesterday, biden was pitching himself as a better person to protect Small Businesses and help them rebuild for those businesses like those in kenosha that have been gripped by day after day of riots impacted by looting, impacted by arson and burnt to the ground. He said President Trump has done nothing for these businesses but he would be the one to do it. The one thing biden left out was that earlier this week when President Trump was in kenosha, he promised 4 million in federal funds to get businesses in kenosha rebuilt and back open for business. So hes meeting with them right now today. Cheryl Hillary Vaughn following every move of former Vice President joe biden. Thank you very much. We appreciate it from kenosha. Well, back to the big board, back to the markets. Session lows for the dow. We are down 947 points. We are pushing lower, as you can see, we are below that 29,000 mark, well below it, which we had just jumped above just yesterday. But look, theres a lot of things going on and a lot of its tied to the development of a Covid Vaccine by november 1st. The hunt still goes on. Novavax shares are up on positive results out of its early trials. Moderna paring early day gains. The top three developers viewed as nearest to an effective covid blocker, these are the companies and Vaccine Companies to watch. Pfizer falling despite saying it could know by the end of next month if a vaccine it is developing with biontech is actually going to be successful. Its all about the trials, folks. As you can see, novavax, moderna are higher. Until a vaccine is ready, one University Going high tech to fight covid outbreaks and keep inperson learning intact. We have an inside look at that secret weapon coming up next on the claman countdown. i need it so bad dont call it a hobby. Its way more than just a job. This is how we live every single day. Can we go and play . roaring of engines i needed to try needed to fall i needed your love im burning away i need never get old you know limu,g after all these years im burning away its the ones that got away that haunt me the most. [ squawks ] cause youre not like everybody else. Thats why Liberty Mutual customizes your car insurance, so you only pay for what you need. What . Oh, i said. Uh, this is my floor. Nooo only pay for what you need. Liberty. Liberty. 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No strings attached. Cheryl we have some breaking news, more breaking news, believe it or not. Suny uniata is sending its students home for the semester, after over 300 cases of the deadly virus since the start of the semester which started 11 days ago. This is a wakeup call to colleges and universities across the country. Alabama State University choosing technology from dragonfly company we have had here on countdown to help assess Student Health and social distancing compliance in realtime. To find out more about it, how this all works, i want to bring in dragonflys ceo, here in a fox business exclusive. Cameron, this is fascinating what your company does. It really is. Youve got these ten stations set up at alabama state. Explain what each does and how this works with students. Sure. Thanks for having me back again. Dragonfly is the oldest operating drone manufacturer in north america. We trade dflyf is our symbol. We appreciate being here. We originally developed the technology to work on drones but where we have really seen traction is in fixed base cameras and even in on cell phones for telemedicine. What the technology does is it can actually read temperature through the thermal sensor, but it can also through the rgb sensor, the regular camera sensor, be able to read heart rate, respiratory rate and o2 saturation. These are all additional symptoms as well as temperature which may sometimes be asymptomatic that can help give indication if somebody may have an infectious condition. Cheryl do i let me interrupt. For that particular station, do i walk by it, do i walk through it . Do the kids have to go through a specific area and do they know they are being screened . Yeah. For that particular, yes, absolutely people know they are being screened and its voluntary. That particular rig, you cant be without knowing, without consent, you cant be giving your temperature or heart rate or respiratory rate. You would walk up to it, face it directly. It can be manned or unmanned depending on the use case scenario. If people are walking into a stadium or tightly controlled area where you really need to manage the health measurement, you would have it manned and make sure every person goes through a process or you can have it as an unmanned situation where people can go up and do a selfassessment. Cheryl i know when you were doing drone work and drone scanning, that there had been some privacy concerns. But at alabama state, you are not collecting any data from the student, you are not collecting name or anything, right . Theres no personalized data, absolutely, involved at all. It doesnt do any facial recognition. The technology was originally developed for two use cases which was one in Disaster Relief areas to be able to see if survivors on the ground are alive or how serious condition they are in so you can triage appropriately. The second use case was to actually monitor the health of wildlife who might be in a dangerous situation like a fire or challenging migration. Of course, in both cases you dont use facial recognition. Cheryl i like that. I like that. Real quick, any other universities approached you . Are you talking to anyone . Yeah. The fact of the matter is you cant test everybody every single day. Theres not enough tests to go around anyway. To be able to have a proactive action like this for people to screen and get a sense of where they are, to see if they need to go for a test, what we are seeing is that its having an impact immediately already in the first week. Cheryl you are talking with some other universities . Yeah. Dozens and dozens, actually. Cheryl okay. I wanted to get that out to the viewers. We are running low on time. Cameron chell, thank you for being here. Appreciate it. Very interesting. Lets take a look at the big board. We are a little off of the session lows for the dow, down 926. A lot can happen in 40 minutes, as you know by watching this show, but again, we are seeing pressure and the dow, nasdaq and s p have erased all their gains for the week. Technology, the big piece of this selloff, if you will. Beyond meat bucking the red arrows this hour. The shares initiated at outperform with a price target of 160. The firm bullish on beyonds Revenue Growth pointing to increasing distribution and the introduction of new beyond products. Right now, beyonds stock is barely down. Coming up, how fake meat makers are helping a big name we all know and love ice out the pandemic. The claman countdown will be right back. And etfs for any amount you choose instead of buying by the share. All with no commissions. Stocks by the slice from fidelity. Get your slice today. Stocks by the slice from fidelity. These days, businesses are adapting to new ways of working. And innovation is at the heart of it. Verizon 5g ultra wideband is the fastest 5g in the world, with speeds up to 25 times todays 4g networks. Its massive capacity and ultralow lag time is already available in parts of s which means businesses both large and small can innovate like never before. And then found the home of my dreams. But my home of my dreams needed some work sofi was the first lender that even offered a personal loan. I didnt even know that was an option. The personal loan let us renovate our Single Family house into a multiunit home. And i get to live in this Beautiful House with this beautiful kitchen and its all thanks to sofi. Cheryl markets are basically sitting at session lows right now. During the commercial break, the dow went down to 984. Thats the new low we just hit about a minute ago. Right now we are down 982. We are sitting there. S p, the low was 147. We are at th