Electric vehicle stocks are scorching, oil stocks are gushing. To chase or not to chase, thats do question ill be the question ill be asking some of the best. We are waiting for the paddenning of the thanksgiving pardoning of the thanksgiving turkey or turkeys. All that and so much more on making money. Charles the broad market propelled out of the gate powered by continued excitement over that midday announcement yesterday that janet yellen will be heading the Treasury Department. Then theres also the transition of power at the white house and continued strong corporate earnings. Wall street professionals find themselves chasing a train long after its left the station. Remember, they were complaining about this or that. Blackrock, in fact, says its now overweight u. S. Stocks with 40 technology and Communication Services alone, only 11 in european stocks. While theyre not really the worst problems like buying stocks or holding during those violent selloffs, chasing bigtime rallies is tough as well. I think it comes from overthug mostly and, sadly overthinking, and sadly, a lot of opportunities are missed. Lets find out what our market pros are thinking, ceo eddie gabor, new street advisers and ceo and cio and Gibbs Wealth Management president aaron gibbs. First, weve got to start with this janet yellen news. From the moment it was announced yesterday around 2 50, then e it was sort of confirmed, the market has been up. And why not . When she was the head of the Federal Reserve, the s p. Rally ared 59 . And the only time she really ran afoul of wall street was that loan rate hike in 2015. She held off and didnt hike again until after the election in 2016. Its clear wall street loves yellen at the treasury. So, aaron, what is it about janet yellen that wall street is so excited about . Well, for one, were very familiar with her, you know . Its someone with we know. Charles you know elizabeth warren. [laughter] this is true. Admittedly, youre right. I think we have very fond memories of the yellen years. No, i think its because we know that shes very datadriven, very thoughtful, shes not going to come out with anything extreme. So its something that you have an idea that shes really going to work towards the health of the markets, and i think thats really what the market is saying, that shes a supporter of the u. S. Markets. Charles eddie, i think some would say money printing, money printing, money printing, and when youre not sure what to do, more money prohibiting. Wall street loves that, dont they . They sure do. And you have someone, the market feels like were going to continue this path versus someone whos going to come in and tighten up monetary policy. Shes proven herself when she was the fed chair that shes pretty dovish and, again, the market loves that. Charles all right. Well, its moving the market, certainly, and the broad market, by the way, is going to get some tongues wagging about irrational exuberance, but i think its too early for that. However, the moves in electric vehicles, those fuel cell stocks, they have been the very definition of parabolic. They already went to orbit, and yesterday eddie, i want to go back to you because tesla is a name youve mentioned on this show. Do you still like it . Do you like others in this space . I still love tesla. Im sticking with tesla. I feel like theyre best of breed. I will say for day trade ors and young investors, i think if youve got a 90 move in some of these in a month, take some money off the table, play with house money and wait to come back in. But i do think tesla long term is going to reward investors. Charles yeah. I had a stock yesterday on my Trading Service went up 234 yesterday, dpw. I mean, we were out of it before the day was over. Delano, i know youve got client s in nio, i hate to admit it, i got out. How much more upside is there . I think theres still room on the upside for certain clients that it makes sense. Were looking at the growth in those industries, thats the biggest thing. Younger investors, certainly, are looking at the growth in those industries and how they can really reshape things Going Forward. You had nio, what the chinese governments looking to do as far as i ecofriendly vehicles in 2035, i think theres still room to the upside in that play. Charles its just absolutely amazing because globally, and particularly in america, the actual adoption of these vehicles to the point where you might justify these moves seems far away. But i do want to bring up elon musk. You know, news flash, folks, second rushest person on the planet, certainly richest person on the planet. He got there with teslas stock, and i think its important to note that anyone watching this show could have owned this stock. Ive mentioned tesla on this network at 40 a share. And i know so many people who have been sitting on the fence, even more always complaining about wealth disparities in this country. Youve got to realize its the stock market, anyone and everyone should, in my mind, invest. You know, the people who are taking risks are getting the big rewards, and i just wanted to say that because stop complaining about everyone else and get in the game yourself. By the way, these socalled reopening trades, i call them normalization trades, are sizzling as well. And this time ive got to tell you, nothing feels temporary like people going back and forth. Erin, you know, before you get in these airlines for a couple days and trade, the cruise liners, but now it feels like you might want to be in these stocks as longterm ideas, notes inly trades. Yeah. November so far this months date, november has been the biggest reversal month meaning the laggards, all the losers from the earlier part of this year are now the winners this month. And this is the biggest reversal weve seen since 2009, you know, coming off the 2008 recession. So this is a real trend and a big difference. And its not just your airlines. Energys been one of the biggest winners for november. But also id say look down across the market cap spectrum. Small caps have almost had a double the pace for the s p large caps for november month to daut. So thats another area that people can really look at and get into. Charles yeah. And thats something that probably is going to last much longer than just november. Charles i love the russell 2000 move there. The top stocks there, of course, penn gaming, caesars is in there, Churchill Downs is part of that. To me, if you want to say were the hot niches in this country, it might be a better representative than the other indices. Delano, how are you feeling about this, some of these other areas . Is this a trade or can you really start to build positions into hotels, airlines and the cruise ships . Yeah, i think for clients ive been spreading and making sure to hedge with our value and cyclical stocks mainly through e tfs. But as you mentioned, if you have retail like dollar tree which reported earnings earlier this morning and did really well, im looking for that essential nature in the business as well as having a strong retail strategy if were really going to expose to a single name. But the trend is increasing and i think, you know, if youre smart, youre going to have to be making sure you have positions carefully in your portfolio. But thats something im definitely looking for and adding to for clients. Charles of course erin just mentioned the oil names, energy patch before today the oil sector, energy up 37 . A lot of these broken down names are really starting to look a lot more compelling. Its not just the oil company stocks, but a whole lot of other niches in this market. So on that note, eddie, are you looking outside . I mean, i looked today to material names, phenomenal. The 3d printing stock looked phenomenal. It just feels like broken down lawyers where you want to sort of areas where you want to sort of suft through the rubble and find the articles. I do. A few weeks ago i thought it was a good time to get into boeing. I liked the aerospace, thats been beaten down this year. I agree with small aps. I think the caps. I think the russell will be the best performing index 12 the months out. And i love the travel stocks. Theres so much pentup demand that i think the second half of next year we will probably have record amounts of money spent on travel. So i think if you have the risk tolerance, buy those stocks, hold on to em for a year and get handsomely rewarded for the risk that you took. Charles i know im going to every concert in the tristate area, i dont care the genre of music, and then im going to get on a plane, erin, and go somewhere and watch the same show over. Real quick before we wrap up though, were all excited everyone should be, i think but, erin, whats the number one concern near term that maybe is being overlooked right now . Well, id say, certainly, some of the risks that we have in concentration, some of the regulatory issues that we could be facing even postpandemic. And then, of course, any type of hiccup. If we see an issue with getting the vaccine out to people, that could delay it. But i think very happy about the medical responses and the Overall Economic recovery, so i think its really about how long is the recovery going to take and how long charles right, right. Is the heightened unemployment going to take. Overall, we think were going to be out of the woods by the third quarter. Charles ive got rick scott coming up, senator scott will talk about the fiscal package, and secretary azar will talk about distribution. Thank you very much. Meanwhile, folks, President Trump vowing to keep fighting despite allowing the transition to officially start. So whats the strategy Going Forward . Were going to get insight from his legal team. Jenna ellis is next. Plus, vaccine optimism giving fuel to this market, but how exactly do we get it into your arms . And, by the way, whos going to be first . No one better to ask than hhs secretary alex azar. Hes up at 2 35. For over 30 years, lexus has been celebrating driveway moments. Heres to one more, the lexus december to remember sales event. Lease the 2021 rx 350 for 419 a month for 36 months and well make your first months payment. Experience amazing at your lexus dealer. Hi, my name is sam davis and im going to tell you about exciting plans available to anyone with medicare. 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Again, we talked before about the clock tucking down. State after state now certifying these election results. So whats the strategy from here . Well, President Trump said it very rt ly in his tweet perfectly earlier today when he said that the General Services administration does not select the next president of the united states. And so because there is doubt about who that will be, and lets remember that the Electoral Colleges which is our constitutional process does not vote until december 14th, we have plenty of time to pursue all legal options. Then this is just making sure that we have the reassurance of government to make sure that we will have a peaceful transition into President Trumps next term or if that ends up being joe biden. And so this is simply a procedural step, and the Mainstream Media rushing the try to say that this is over for President Trump. He has no legal options. Far from it, charles, and he is committed to defending election integrity. Ive spoken with him personally multiple times just today. Hes absolutely committed to making sure this is a free and father process. Finish fair process. Charles theres no doubt about the fact that wall street is happy to see this move, jenna. And i think its admirable to go through with this, because the peaceful transition of power is one of the hallmarks of our nation. Finish you talk about the legal remedies. Some of these cases are either thrown out or stall, the question im trying to get and im trying to learn from you is whats the next move or moves that youre going to do as the clock continues to tick down. Well, importantly are, we have a pending appeal before the supreme court. We also have one in the Third Circuit that just yesterday agreed to hear an expedited appeal, and really importantly, we now have three state legislatures in pennsylvania, michigan and arizona, that have agreed to hold hearings because its in everyones best interests and all americans to make sure that the truth about the voter fraud and the proof that we have comes out. And so they are very concerned. And lets remember that its the state legislatures that are constitutionally vested with the Selection Process of the Electoral College are delegates. Thats the safeguard that we have in our system to make sure that elections that are corrupted do not ultimately render a wrong selection for the president that is outside of what the people actual voted for. So we now have three state legislatures that are very concerned about the corruption of this election and willing to get to the bottom of it. So this is far from over, and President Trump will continue to fight. Charles all right. Well, jenna, i always appreciate when you come on and update us about this. So, of course, thank you very much. Rewe appreciate it. Meanwhile, folks, joe biden introducing his first cabinet picks just to the public a short time ago. The question is will they all get through the senate. Senator rick scotts going to weigh in on that. Meanwhile, the pandemic isnt stopping consumers from tackling their christmas shopping, by the way, are you buying more or hess isthis year . Tweet me cb payne. Im buying more. The market. Its smarter Trading Technology for smarter trading decisions. Fidelity. Birds flyin high, you know how i feel. Breeze drifting on by you know how i feel. Its a new dawn. If youve been taking copd sitting down, its time to make a stand. Start a new day with trelegy. No oncedaily copd medicine has the power to treat copd in as many ways as trelegy. With three medicines in one inhaler, trelegy helps people breathe easier and improves lung function. 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