Tuesdays election. Were expecting to hear from him any moment now. We have a big show. All that and much more on making money. Charles so this morning the Financial Media fixated on the rising covid19 cases in europe, new lockdown, potential lockdown measures might eventually come to the United States and you know i think there is a whole lot more spooking this market, including reaction to a repo tension biden presidency. Think about this after the Consumer Confidence came out yesterday below estimates, that was 10 00 a. M. The early result we saw in the market faded, by the end of the session selling picked up. S p was at 3406. That was the session high. It held as resistance and then we went do you and the dow was 27,689. The high from the session straight down from there. It wasnt just that the headline declined but a sharp drop in swing state confidence. Florida wept from 114 to 110. Michigan 124 to 119. At moment i still believe President Trump will pull this out. If he doesnt the notion of higher taxes, more regulation, a return to the paris accord, not being really, by wall street being a big deal, they say it will be countered with a big spending package. I think that is shortterm thinking there has been a hearing on capitol hill and many people believe that could be precursor what they call the digital gatekeepers. Twitter, facebook. It is interesting, theyre getting hammered today but they were the biggest winners from yesterday. From an investing point of view. There is a lot we have to talk about. This is what i really want to know, if those names are buys, sells or holds . Get straight to it, kaltbaum Capital Management president , Fox News ContributorGary Kaltbaum and bull tech senior capital strategist katheryne rooney vera and payne capital, a group im not affiliated with, courtney dominguez. Gary, the media wants it both ways. On the market was cool with President Biden but today nobody mentioned President Biden or his policies. Would they be great for the stock market . Politics, charles. But first, charles, i first have to to to congratulate you. Yesterdays show was Tour De Force how to help the American Consumer to do better. Very good job. Charles thank you very much. You got it. Politics will enter the fray as we head into the election. I watched big up days and watched on twitter where lefties come out say this is all because of biden. Now you dont hear a peep today. You know my stance. Who knows what the market is going to do come next week after the election depend hog wins, but to take 4 trillion bucks out of the economy and put it in the hands of government to do their bidding, uhuh, i dont think so. My mantra on this whole thing, joe biden says he is not raising rates on americans under 400,000. Well he is raising rates on every American Worker that wants to become wealthy. As they move up in life they start coming after you. You have 50 and 60 even higher if you get into that range. And that to me is just horrid. Oh, well, as they say. Charles kathryn, your thoughts . I think it is more than politics, charles. I think it has to do with the real threat of additional lockdowns. You have a combination of, according to the, resurgent virus. Yes, lower deaths but yes, also more cases n that event combined with potential democratic sweep and the bidenharris touted preferred method of addressing the virus via some form, whether it be partial or full economic lockdown, that is spooking the market. You do not have the fiscal stimuli in the very nearterm future. You have a democratic sweep that is looking possible, maybe not probable but certainly possible and bank of america, charles, did a fantastic analysis where it said if the Democratic Administration doesnt raise the Corporate Tax rate from 21 to 28 that will cause a direct hit. Quantify it 9 on earnings in the s p 500. So yes, you will get a correction. I think it has to do both with higher taxes which means lower earnings. Charles right. Prices have to adjust at a result. The real threat of additional lockdowns, charles . And you know, interesting because, to your point, jpmorgan said flatout yesterday, the market goes higher if President Trump wins. Now on the covid19 thing, cases obviously on the rise around the world including america but deaths are not. Now lagging indicator. Well see what happens but i think every one knows, you know, courtney, april 25th there were 29,000 cases and 2358 deaths. On october 27th, there were 65,000 cases and 768 deaths. Most places are not going to lock down. The places that will lock down to kathryns point already have doubledigit up employment. They will hurt the overall economy but are you making changes to your portfolio based on that . At this point is really early to do so. People are looking to europe. They are ahead of us in surge of cases and face being lockdowns. It is lockdown light. Not the full locksdown in april. They are closing down certain things like bars and restaurants, trying to leave a lot of the economy open as best they can. Here in the u. S. , a state by state basis. Were not seeing mass lockdowns on a federal level. Trying to make changes on that happening is preemptive right now. It is leading to some volatility in the markets here. We cant make any changes on it thus far. Charles right. Gary. Can, i know you are not like a kneejerk kind of guy, you move quickly, make big money but are not making adjustments. I want to ask about todays hearing. Abuse of the powerful digital gatekeepers. Lets go to President Trump in las vegas for one second. Hold your thought. President trump i saw the event. Everybody did. It was on television. It was a terrible event. I guess that is looked at very strongly. We have federal, the federal government is looking at it also. The rioting in philadelphia, they have to stop it. They have to stop it. It is a local thing as you know. We dont send unless theyre asked. If they ask for help well be there very quickly but they should bring in the National Guard if the police need help. They should do something. You cant let that go on. Again, a democratrun state a democratrun city, philadelphia. We dont have that. We dont have it. The republicans dont have it. And you will have more and more of that. Youre going to have it and have it strongly. You cant let that happen. Reporter you mean the federal government [inaudible] President Trump were looking at shooting, yes. Were looking at the shooting. If asked to go in to help we will do that. We have to be asked by the governor. They should be able to handle it themselves. I know the police very well in philadelphia. They gave me an endorsement. They were told, i understand to stand back, to stand back. Dont do anything. And people are breaking into stores and walking out with washing machines and walking out with all sorts of things and it shouldnt be allowed. That is no way to do it. You got to have law and order. Youve got to have respect for our police. The police were told to stand back. Now maybe that is not so, but that is what i was told upon very good authority. You cant allow that to happen. Were watching it very closely. And were waiting for a call. If they want help were there. Well be in there within one hour. Were ready to go within one hour. Reporter follow on that. Former Vice President has condemned the rioting but he also is saying if people neil as you see President Trump in las vegas talking about the violence that has erupted in fill definitely. I do believe the National Guard is being called up. We have Cassie Smedile coming on shortly to discuss that. Charles i want to pick up though on the question i had about todays hearing on capitol hill. Gary k. , your thoughts, are you making any Investment Decisions based on this and where do you stand on these names . I dont own the stocks right now and im going to wait, tomorrow is the big earnings. I want to see the reaction. I got to tell you, charles, i consider myself just a logical guy. This seems to be no logical answers from some of these people. Cory gardner asked the gentleman who runs twitter how they flagged the president on something they believe is not true but they keep up the ayatollah from iran saying that there was no holocaust and death to israel. He said that is not part of our rules and regulations. Im like, what . Where are these people coming from . That in itself is the bias that has to be addressed and looked at. You know the fact that they have opinions on rules and regulations tells you everything you need to he no. As far as the companies though, i dont think anything is going to get done on this we may switch parties here. Who knows. But i have seen so much flapping of gums over the years what will be done to the Tech Companies and then needle never moves and they keep growing and growing. They will be great investments Going Forward but right now i dont own them. Charles they become more emboldened to do things you described. You mentioned earnings. Lets talk about that more. It has been a amazing earnings season particularly Forward Guidance. We havent seen this kind of Forward Guidance ever. Courtney, at this point it doesnt ever. Many pop, go straight down. Many have gone straight down. Is this in your mind that stocks are priced for nearterm perfection . I think it is getting overshadowed realistic. Earnings season doing real well why the markets were doing so well up until this week. We are a week from the election. We have covid cases rising. Earnings are stalling. That is overtaking the great earnings that were seeing. At the end of the day earnings is what wall street focus on. And the focus will shift there once the other headlines past. You dont want to get out of the market to be nervous about other headlines. The shift will focus on guidance, you dont want to miss the upside when people turn back to that focus. Charles i love when management can tell me things are going to be fantastic. So, kathryn, where do you see the market between now and the end of the year . Where might be the opportunities . Im recommending that my clients accumulate positions in u. S. Equity markets as well as highrisk, high return emerging markets. I think stimulus is inevitable not imminent. The market would have to wait to inauguration for whoever wins. But whoever wins, it is coming. Infrastructure spending is coming whoever wins. Im accumulating today. If there is some electoral, maybe a contested election or electoral uncertainty and blue sweep, the market gives us opportunity to enter i suggest we take it. From here to the end accumulate positions and barbell strategy and protect them with comparable positions and purchases in golds, tips, even treasurys. I think at 1 and fed the again starts about controlling the yield curve. Charles that specific items. That is what we appreciate. Kathryn, gary, courtney, thank you very, very much. Thanks for the compliment again, gary. Were six days out until the historic election. Could pennsylvania, you heard President Trump talk about it, could that decide it all . Well ask gop Communications DirectorCassie Smedile about that next. The big hearing on capitol hill wrapping up. Will that finally spur real action against conservative bias . Well ask Deneen Borelli that. Well be back. The American Dream means everything. Generations sacrificed so much found a way and a way of life. That dream, owning a home. Took hard work good job, bills, mortgage, keeping up with the kids. But, you know what its worth it its where we want to be. 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[ music stops ] time out only pay for what you need. Liberty. Liberty. Liberty. Liberty. Charles President Trump making a huge push in pennsylvania this week, many believe the state will decide the election outcome. The president pitching urban voters, miles away rioters and looters destroying philadelphia. A moment ago, he told reporters what is going on there will not stand. Will his strategy work in time for him to gather more votes. Joining him on that gop deputy Communications DirectorCassie Smedile. Cassie, it is interesting, a lot of chatter this morning about maybe the tide really turning, particularly in light of the violence were seeing, the looting and the rioting in philadelphia . Yeah a absolutely. When you have President Trump who has been very deliberate in his words about being for law and order, for having safe communities and you have joe biden who was very delayed in the response, barely being able to put aer the words law and order. That means something to folks who thought their once safe communities being ravaged by looters. You combine that in pennsylvania with the fracking individual. That is point number one, because that is for everybody. That is their economy. To hear joe biden say he would ban fracking he would end the oil industry, would walk it back once bailed out by the mainstream media, or in front of a crowd that pins him on it, he repeated that, that means something in that state. Polling is swinging in the president s favor. Why you see enthusiasm. Why we see it on the ground. Looking forward there in pennsylvania where folks are pounding the pavement for the president. It means the difference between your family being able to put food on the table and your family being safe. Charles yeah, there is a good chance that vice President Biden might have tried to play this down the middle to, not effectively enough after that debate. That final answer i think was maybe the final straw for a whole lot of voters. Peoples whose livelihoods depend on the industry. Your party spent nine Million Dollars on health care ads in several battle states. So what is the message there . Because one of the criticism has been that there hasnt been an effective articulation what would replace obama care . Right. Well President Trump over the last four years has been responsibly dismantling what hasnt worked with obama care. Getting rid of the individual mandate but bringing down Prescription Drug prices, a huge issue we hear people generally but seniors especially talking about and President Trump has said we need to have health care that works in our country, not the health care that the government has power over for you. And so this, the point of this weeks ad buy, nine Million Dollars, this is in addition to 14 million we did last week, directed specifically at seniors and for those who say health care is the number one issue, that what the democrats is spouting is a lie. The democrats plan obamacare failed you, what President Trump is doing fighting for you is working. We need to continue that. We need to have health care that empowers you and your doctor to make decisions. Not a government bureaucrat. That is the point of this next tranche advertisements in battleground states this week. Charles before i let you go, you mentioned internal polling and i do know one of the secret weapons women for trump. The ground game was extraordinary in 2016 and completely underreported. What state at this point do