They are getting louder and louder, including one from aoc, but she thinks we should just pay people to stay at home. I want to get reaction from congressman andy biggs about that at the bottom of the hour. All that and so much more on making money. Charles it feels like the markets marking time because its marking time. Right now, the s p has moved less than 1 for the week. The nasdaq is up about 1 for the week. The biggest story has been the continued celebration in the oil patch. The blue wave, remember, didnt happen and that was the big play there. The other side of that coin is utilities and thats why they have been actually slammed since the election, including this week. While buy has alternated between growth and value, it was stocks that were deeply hammered that actually enjoyed the greatest revival, particularly brick and mortar retailers. Even today, those names are up on better than expected earnings. All of this creating a dilemma. Do you buy the broken names with the most risk, do you buy these growth names on dips . Do you simply hold value and hope one day they will come to life . Lets ask. We have great ones for you here including rob luna and danny hughes joining us as well as chief investment strategist david dietze. Danny, got to give you a shoutout. You were buying those broken Energy Stocks when the narrative was we would never use oil again, right . So for awhile you took it, every week you came on saying im hanging in there, im hanging in there. Now youre rocking. Do you still like them . I do. You know, you have to longterm because think about it this way. The oil industry and the Energy Industry got hit at every imaginable angle. There was a supply side shock, a demand side shock all at the same time, and everybody decided that never again are we going to go back to fossil fuel energy. But the fact is that fossil fuels are the most dense fuels. That means they are the best ones to burn so that we can have energy in this country and all over the world. So you know, you have to think about it this way, too. Theres been a lot of growth in Renewable Energy and those kinds of things, and those are Great Companies to own. I own an awful lot of them. But with growth, you dont get that much on the dividend side. We look for cash flowing companies with strong Balance Sheets that can come back in the age of crisis which is where we are now. We are seeing like west texas actually is up 20 this month alone. Beating the s p which was up 9 which is very healthy itself. We love those names, if they came back very very well, we would continue to own them. Charles they have. Wti, west texas intermediate, still near resistance level. If it breaks out, a lot more room to the upside. Meanwhile, david, your letter last month was cautious. You talked about value but of course, heres the thing. Value is a word, it feels almost like a euphemism for so many things. It means Different Things to different people. Can you qualify exactly what it means for you . Give me a name or two that qualifies as value for you. Yeah, absolutely. So what i like to call value now is dividendpaying stocks because people need income now. We have no yield whatsoever in the fixed income market, money market yields are close to zero, historically nearly half your return on stocks has come from the income paid out. They have beaten not dividend paying stocks. Thats my focus. I would agree with your coguest. For me, value would include those energy names. I would say we are setting up for the mother of all comparisons. What will we be doing this week . We are all locked down. No one can visit grandmother or the kids. The flights are canceled, the cars in the garage. Whats going to happen next year at this time . Where you have two great vaccines, we will probably have a dozen more, people are going to be busting out to go visit. Fuel usage for cars is going to skyrocket and those are the stocks you want to be in. Chevron and exxon with huge dividends. Charles the comparisons will be out of this world, for sure. What about the rob, i want to go to you. Ironically, both dani and david mentioned dividends. Last week you heard of this barbell term. I hate the term, too many people using it, i feel like its nebulous. It just means anything to me. But you explain you like this whole idea about dividends as well. Are there any beatendown names now, stocks that are still down a lot that people might want to spy or look at for outsized growth . Yeah. I think to that point of the barbell, its combined the dividends with the growth and to give you an example, playing with the oil patch, we like Enterprise Products partners a lot right here. Thats a stock thats yielding over 9 . We didnt get the blue wave but with the biden administration, theres probably not going to be a lot of new pipelines coming on. Theyve got a great Balance Sheet to sustain that dividend. On the flipside, we talked about last week everybody was selling out of zoom. We are buying that in the 300s. I actually picked up more this morning at 427. We will continue to get these scares at least for the next quarter and we also think longterm structurally, business travels not coming back. Those are two names that fit that barbell approach. Charles apd, not to be confused with the rap group which had a whole lot of great hits. Dani, are you looking at anything on the tech side . By the way, zoom, the high is 588. It actually is a buy on dip right here. Right. I do, i mean, i like zoom. I like watching zoom. I like being on zoom. I dont own it. But talk about beaten up names. Intel is one that we do own. We are starting to dip into and dip more into it and i know some people hate the name, they think its a value trap. But this is a company with six years of dividend growth. Theyve got a long way to go in terms of management. Hopefully restructuring and tweaking. But i like to buy things where i have to be patient and i get paid. Dividend intel is one of those things where youre getting paid dividends, getting paid to wait. Thats a name i carry right now. Charles something tells me you have a lot of stray dogs and cats at home. You are so kind. Let me give you a trivia. Yesterday, zero stocks in the s p 500 closed at a 52week low. The worst one was intel. Its 5 within its 52week low. You talk about bottom fishing. David, also in this whole tech space, its not the names we know, right. Its been chips, its been cloud thats really done extraordinarily well. Not all tech is the same. Is there any specific niche there that you like . You know, i hate to sing part of the choir but intel is my name, too. I separate between the stayathome techs, you know, some of the ecommerce plays and so forth, the zoom, which we have maxed out on. We want to break out. Intel of course, someone put it the other day, the nuts and bolts of chimps. Im talking about autonomous driving, about artificial intelligence, about robotics. Theres huge tail winds behind that. As this economy picks up, there will be more and more demand for intel. You have not just the dividend but a growing dividend. Nine times earnings. It seems like a low risk way to take advantage of these tech trends. Charles all right. All right. I dont know. Im a little worried. I think nvidia and advanced micromight be eating their lunch. Got to like the risk reward here. Lets talk about overall a bit more of the macro picture. Estimates for the Fourth Quarter gdp have been trending higher but jpmorgan saying its the first major wall street firm that the First Quarter is going to be negative. Let me go back to you, david. Is this changing any way at all that you may be investing in this market, the notion that because of these lockdowns, we have negative gdp in q1 . Well, so i do think some caution is in order. We are up 65 since march. One of the three pillars people were putting money into this market was for stimulus. I think that with the divided government, i think the stimulus is going to be more cautious. Remember, law makers, they too are looking at these vaccines. The good news on the vaccines means hey, we dont have to spend as much of the taxpayers money. I think that could take a little bit of the edge off the rebound in q1. Having said that, ultimately its the health thats going to drive it, not any kind of stimulus. Charles all right. I want to get a little more granular, then. Lets go from macro to micro, because theres some amazing moves in this market, particularly with this electronic vehicle, lot of these chinese names. For instance, a stock called green power motors. Folks, if you havent heard about it, its an electric bus company, up 170 since october 28th, up 17 today, trading about four times its average daily volume. These names are just really blowing away so many other stocks and im not sure if its just old spec players. It feels like this false into the socially conscious area. I know you are someone who follows esg type principles. You see any value in these names . I mean, you have to see value in the fact that or maybe even growth. I dont know, when you talk about Value Investing or value in names. But i do see a lot more room to grow in the space. Theres a lot of names to look at but theres one i wanted to bring up that ties in a bunch of these themes all together, mobility, china, technology, solar. Niu is the symbol. Its expecting 50 growth in 2020. This is a company that makes chinese lithium scooters. Their biggest market is china, about 86 of their market is there. Stock is up 320 year to date. Its not cheap. It is not cheap. But 88 times earnings. However, this could still have a lot more room to grow. Charles all right. We got to leave it there. Chinese lithium scooters. It doesnt roll off the tongue but dani says it could make you a whole lot of money. Always appreciate it. Have a great weekend. Talk to you next week. Well, in moments President Trump will deliver on yet another promise made, promise kept and pete hegseth will give us his take on that. Later in the hour, aoc says in order to control covid19, we need to pay people to stay at home. The question is who is we . Where does the money come from . And when does it stop . For over 30 years, lexus has been celebrating driveway moments. Heres to one more, the lexus december to remember sales event. Get 0 financing on all new 2020 and 2021 lexus models. Experience amazing at your lexus dealer. Charles in about 15 minutes or so, the president expected to roll out two final rules aimed at lowering drug prices. This follows other promises made, promises kept, including developing covid19 vaccines under operation warp speed, drawing down american troops in the middle east. On all of this i want to bring in pete hegseth. Pete, you know, your thoughts on what were going to hear today and really a Pretty Amazing checklist of promises that President Trump made that have been kept, although many people may not realize it because not too often spoken about in the media. Never spoken about in the media. People wonder why there is such affection for the president , why people are so drawn to him, the enthusiasm remains so deep, even deeper than it was in 2016. Its because in 2016, it was a hope. In 2020, today, even today in the white house, its a reality. This is the first politician who is not a politician but became one who actually said what he was going to do and then did it, and did it his own way, did it while also calling out the media, calling out [ inaudible ], taking on the investigations, being willing to now take on Election Fraud which has been more widespread in our country than people realize and with mailin ballots across the country was susceptible to manipulation and we are learning more and more about that. This is a guy who you know exactly what he stands for and he fights for it and whether it is drawing down in iraq and afghanistan, building the border wall, moving the embassy, what hes done with our economy, operation warp spe, faster than anyone could have imagined, this is a guy that delivered even you could only imagine if it were the other way around, charles. You know this. He would be lauded and be on hundreds of magazines as the businessman who came to washington and changed the game. Instead they dont want to talk about it. Instead they want to obsess over every tweet or everything he says as opposed to looking at the action. Charles lets talk about some of the things youre doing, pete, because among them, you are hosting the fox nation patriot awards tonight. Give us a preview. Yeah. Im really proud of this event. Theres a lot of award shows in this country and its almost always selfimportant actors giving awards to other selfimportant actors while they give some left wing speech from the stage. This is the exact opposite. The patriot awards celebrate america. Real heroes, real sacrifice, real service. Last year it was inperson. It is for an amazing event. This year its virtual but just as powerful. These are people who never thought they would be awarded. They have never thought they would get recognized but everyday, unsung heroes, heroes in blue, military heroes, most valuable patriot. You are going to love this show tonight. Hi, my name is sam davis and im going to tell you about exciting plans available to anyone with medicare. Many plans provide broad coverage and still may save you money on monthly premiums and Prescription Drugs. With original medicare youre covered for hospital stays and Doctor Office visits, but you have to meet a deductible for each and then, youre still responsible for 20 percent of the cost. Next, lets look at a Medicare Supplement plan. As you can see they cover the same things as original medicare, and they also cover your medicare deductibles and coinsurance, but they often have higher monthly premiums and no Prescription Drug coverage. Now, lets take a look a humanas Medicare Advantage plans. With a humana medicare plan, hospital stays, Doctor Office visits, and medicare deductibles are covered. And, of course, most humana Medicare Advantage plans include Prescription Drug coverage. In fact, in 2019, humana Medicare AdvantagePrescription Drug plan members saved and estimated 7,800 dollars on average on their prescription costs. Most humana Medicare Advantage plans include a Silver Sneakers Fitness Program at no extra cost. Dental and vision coverage is now included with most humana Medicare Advantage plans, and you get telehealth coverage with a zero dollar copay. You get all this for as low as a zero dollar monthly plan premium in many areas, and your doctor and hospital may already be a part of humanas large network. If you want the facts, call right now for the free decision guide from humana. There is no obligation, so call the number on your screen right now to see if your doctor is in our network, to find out if you can save on your prescriptions, and to get our free decision guide. Humana a more human way to healthcare. Charles the financial world is all abuzz after treasury secretary Steven Mnuchin wrote a letter to the Federal Reserve chairman Jerome Powell last night, requesting hundreds of millions of dollars be returned used to create a number of programs. Actually, its hundreds of billions of dollars. Now these programs are used in part to support large corporations in the financial markets. The facilities were announced on march 23rd. Does that date sound familiar . Well, it was the day that the vicious bear market hit a bottom. Since then, we have seen a vshaped rebound in many areas of the economy, and demand for some of those emergency tools never really matched the initial hype. Moreover, the Worlds Largest corporations are doing pretty good and probably dont need assistance anymore. Small businesses, a different story. The fed has bought billions of dollars of bonds from the Richest Companies in the world, not just america. Apple, 3m, volkswagen, toyota. In addition, they used almost 8 billion to purchase 16 Corporate Bond etfs. So the question is, would it be smarter to take that money and make it available to congress so they can help households and small businesses, or perhaps just keep funding trillion dollar businesses and lining the pockets of Billionaire Fund operators . Lets ask heather zumarraga. Heather, we are talking about a lot of money here, billions of dollars. Really, the question is, where should it be focused, really in the midst of rising covid19 cases, more lockdowns, i pick small business. What do you pick . Absolutely. I think youve got it right, charles. There is a lot of pushback and criticism but i think Steve Mnuchin said it best. Its really simple. The legislator made the rules, Congress Said this is set to expire on december 31st. So hes just following the rules that were set in place and look, the fed has about 500 billion at their disposal passed through by the cares act to lend out to big corporations like you said, and buy Corporate Bonds. They also needed help during the pan ddemic but they are doing jt fine right now so hes not taking the money back. That money hasnt even been used. Its still sitting there, over 400 billion, at the fed. So treasury secretary mnuchin is saying i want to get that money to the American People in the form of direct payments or maybe in the form of other paycheck protection type loans. Congress has been appropriated to get that out better than the fed right now. Thats the argument. Charles sure. This is something that jay powell himself says over and over and over again. At the end of every fomc meeting, every interview, every press r