May of 2016 for the s p 500. 2120, the number we are looking for back in may of 2015. That in the above highs of the s p as well as the nasdaq. Lets look at bloomberg and i will show you, eight of the 10 sectors, industrials continually pushing equities higher in the rally also higher. Telecoms also down, a little bit of a drag from verizon after signing a deal. Lets go ahead into specific stocks in terms of industrials. Can see all up on the order of 2. 8 here. The session high was up by the most in two weeks. Coming out and saying even though operating profits fall as well as sales fall, it says 2016 is a reset your for the company and traders are seeing that in the positive as well as the pricing environment moving ahead. We will show you caterpillar 1. 6 up rising five days in a row. Its best winning streak in the past two month. Jacobs also rising off of the rising commodities. Back to you. Tell us about the other asset markets. The other commodities you want to take a look at our right here. Up 1. 6 , the highest since july of last year. Ground soes gaining the fed may not raise Interest Rates. Commodities higher across the board. We can see this is down by. 5 lets also take a final look at the treasuries with the u. S. 10 down by two basis points 1. 7 . Betty thank you so much. Theie lets check headlines. Mark crumpton has more from the newsroom. Interviewn exclusive with bloomberg politics, donald trump says he is distancing himself from his own fundraising estimate of 1 billion. The nominee says his campaign does not need much money from the white house and he plans to as aon his star power former reality tv personality to earn free media. As for a search for a running mate, he says he has narrowed his choices to four or five politicians, including former campaign rivals are he says he would not pick a Business Executive or anyone with wall street experience. Bernie sanders president ial campaign is downsizing. About half the staff is being laid off. Most of the jobs involve field. Id sanders also announced a rally thursday and washington, d. C. Prime minister says the relationship between the United States and his company has overcome what he called the hesitations of history. The Prime Minister a dress the joint meeting of the u. S. Congress same robust operation cooperation will help both nations. More than with any other nation. He also called on both nations to Work Together to fight the islamic state. Game three of the nba finals between the golden state waters and the Cleveland Cavaliers is tonight and cleveland. The cavs will have to do it because a concussion and game two. Two games to none. Global news 24 hours a day 150 newsy more than bureaus around the world. Betty another green day across the board. Stocks at alltime highs does necessary necessarily the index is up for eight of the last 11 sessions. Our next guest says that is all the more reason to find caution. Kevin, two different opinions earlier today. Goldman sachs coming out and saying, we are risking price here and it will go away. You are more on the bearish side of things . Thing is fundamentals, most of the data on the economy, when you put it all together, it seems a little on the weak side. Earnings are weak even if you energy, share buyback, you will find the underlining underlying earnings are weak. When you think about valuations, we are at a higher multiple on average and more broadly if you look at the aggregate value of equities in the united date, it is at the meaningful premium to underline gdp. Stocks are poised for modest looking returns here. It does not look that great and it does not look like fundamentals should justify the ratio we see right now, everyone else is doing poorly around the world. We benefit from being the safer haven. Doesnt that fall into your outlook . On a fairlyying weak read. You are basing the case on the fact that there is not a lot to be earned elsewhere. If you look at u. S. Treasury year,below 1. 7 on the 10 nearing 0 , you are essentially making a bullish case on usa that young the lines may as well by u. S. Equities. Not a very strong case for the year term for the near term. We prefer determined data to point to. We have been somewhat bearish and we are just waiting for the turn. I should clarify it was more about the fact that they could be a correction because it is likely Portfolio Managers will draw down yields for long now when it is close to that time. Do you think we will see that . I do not know. Those are tough calls. A nice rally off the bottom of january. A lot of that was sponsored by the unwinding of higher and more aggressive fed policy. We came into the year, a more aggressive Global Economy could have handled that. Those expectations could have with thek, certainly relatively weak jobs number off the table now, everything has moved higher as a result of the paring back of expectations. But i do not expect that to happen again. I think that one particular phenomenon is something that was about the last two or three months are not likely to occur again in the next two or three months. Do you think it will continue to move and we will not see a further deterioration . It is way we look at asset data. G for we have not seen the turn in the data. Return looking for 2 gdp in the 2 used to be, considered something close to a growth recession. We are just not seeing it yet in the data and we would need to. What are you recommending, keeping a little cash on hand for opportunities that might arrive and waiting . Number one, we are tactically equities in the Asset Allocation portfolios we managed to the focus is really on the u. S. , which we think has less risk generally speaking, though we would at emerging markets is something that is looking more interesting on an evaluation basis. It is really about the consumer, which has an relatively consistent for us. Sheet care has a balance situation to it. Thank you so much. Vonnie coming up, it is not easy to keep employees happy. Who ranks highest in employee satisfaction. Betty a quick check on how the markets are trading now. We seem to be inching ever and highs onrd the record the s p. Above 18,000 again on the dow. Faster and more efficiently than ever before. Author Michael Lewis raised suspicions of something going on. He stock market it accused automated friends of changes to retraining. Todaychatzker was told that they can see automated traders. We have delivered enormous improvements to how trading is done. The market is extraordinarily doing well. It is a really unfortunate thing. Vonnie the oneill conference x,ay, also a proponent of ie creating a Stock Exchange speedbump. Does not need another exchange saying it would be bad for markets. Betty brazil antitrust regulators approved the acquisition of a look agency unit. Regulators added a restriction that keeps restraint from additional acquisitions for 30 month, 10 months after the Bank Announces the plan. Leaving the company price, less than a year, germanys biggest bank. The confidence from june 15 after going from medical leave in april. Ty operating in the night claim of responsibility for blowing up another chevron well. They the fourth attack militants have rejected all offers. They Won InternationalOil Companies to leave the region and are demanding a greater share from local communities. Vonnie a movie does not open until friday, secondlargest the popular this on video game, world of warcraft. 46 million in sales across chinese theaters opening day for the Chinese Box Office this year. Is your business flash. It may not be easy to keep employees happy. Claimies are laying according to a new report from glassdoor. We are joined now. What is the criteria . Employees can go on anonymously and raise their employees. They just did over a oneyear time and compile the data. To make sure it is not just 10. You did a great job. Have expectedight. Mckenzie and companies, and then you have names like mark zuckerberg. He is number one. Wasd not know who the ceo until a list came up. Vonnie is this to do with how much people are compensated . They want a Clear Mission of what is going on, they want transparency. How is my role going to change . We see a lot with yahoo , a lot of uncertainty. The list . Dropped off julie she was not on their. Betty who else did not make it on the list . Julie some are pretty close. Jack dorsey had about an 88 Approval Rating at both companies. Vonnie how much does personality have to do with this. They pay a lot of attention to this. I talked to people before. The Hr Department will go people this and see what are saying and give this to the executive team and say these are what suggestions they are doing. See what they say. We are looking at the list to see what the ranks are doing. Vonnie companies can act asset website in the company. It is one metric anyway. Thank you so much. Still ahead, the s p 500 is inching its way up high. Betty im betty liu. Time now for our options insight. Ramy thanks. Is the chief strategist at bubba trading who cboe ine from the chicago. Good to see you. Markets are higher for the third day in a row with record highs. You are saying greed and the fed are pushing equities. Talk to me about that. Great to be here. Dollars into more margin, with more people buying stocks they cannot afford and they wont be able to pay for. Should the Interest Rate ever change . As long as the fed maintains this low Interest Rate policy and refuses to raise rates, we will have people flooding into the market and eventually, that will end the right now, a lot of people are she chasing with the money that will not end, all part of the big scheme in the big picture. We are not building fundamentally, we are building through dollars. We all know that usually ends up being a house of cards that will come tumbling down. I love the show on netflix well forill not end Frank Underwood and you think it will not end well for all trying to ride this high . I do not think it will end well for anybody. We have to face the reality that they can say with they want about jobs. We have not had good jobs or good growth or a true recovery. After four chilean dollars being invested in the Federal Reserve into the system, this is where we are. I do not think it has been all that great if you was the money it has taken to get here and we are still a zero Interest Rate policy. What would cause this to collapse and win . I do not think it will be anytime soon. What will happen is the greed will start to wear off and the flowing in andt maybe some events will start some selling. Usually what we have seen, the selling gets bought up right away. One of these times, the buyers will not be a put to step into the market. It has to do with a higher Interest Rate policy initially. There will probably be some event and the ability for the fixed income people who cannot stand being in the equity markets right now, giving them an opportunity to be somewhere else. They would love to pull out their money today pull their money out today. Up about 1 today, year to date, this is down. You say there is some stuff already factored in. Just yesterday or the day before, i was talking about how background checks are down. I think when you look at a chart and the overall mechanics of the markets, they have already sold off the stock pretty good. Bringing the lows around 21 or just under 20. We have got earnings coming out next week. I do not believe the earnings can be worse than they are already expecting. Is one thing to understand, market expectation. They have already priced in a lot of information to the stock. It is great to be able to buy the stock. I think gun sales will improve and the market will be better than what you will see is they already priced in a very bad earnings number and probably a good pop in the stock. I want to do a ratio spread here that allows me to be a lawn the stock here i am doing a two by three ratio, buying three of the 23s. I can do that for 25 credit. , i get to keep the 25. If i am right, i can keep unlimited gains. Thank you for your thoughts. Reports, support say turnaround. That is up next. Okay, ready . Whoa [ explosion ] nothing should get in the way of the things you love. Get americas fastest internet. Only from xfinity. Scarlet lets begin with a check of the headlines this afternoon. Mark crumpton has more from the newsroom. Mark Hillary Clinton has all but wrapped up the nomination but does not have the endorsement of president obama yet. That is expected to come soon. Josh earnest says it will not happen before tomorrows meeting between the president and brain sanders in the white house. The center is also expected to meet with harry reid. Up former staffer who set mrs. Clintons private email server while she was secretary of state has confirmed the Justice Department granted him limited immunity from prosecution. Also claim a reasonable fear of prosecution. If he testifies in a separate case. This came in a court filing explaining why he is asserting his constitutional right not to answer questions in a lawsuit filed by a conservative watchdog group. Police say a gunman has wounded nine people in tel aviv. The shooting was at the Shopping Center near the defense ministry. Of the injured is reportedly in critical condition. A suspect is in custody. The mona lisa is high and dry and waiting for vintage ,isitors at the museum in paris reopening today after it rose to the highest level in three decades. The levels have peaked but remain more than 10 feet above. Global news powered by our 2400 journalists in more than 150 news bureaus around the world. Back to you. Alix the markets close in 30 minutes. Nonetheless, the nasdaq is trading at its highest levels since december 2015. Abigail is here with the latest. Abigail the nasdaq is up, another relatively flat day despite being near that high. It is pretty similar to recent trading. Has been since may 24 that the nasdaq has made a 1 move up or down. Perhaps the start of quiet summer trading or maybe we have investors in wait and see mode ahead of the fed later this month. Trip. Com, the biggest shares are punching and having their worst day in about four months. ,fter somewhat bearish comments saying changes in the air in the way Airlines Offer commission could hurt the company, basically Chinese Airlines may cut or reduce those. Over the longterm, it does like seatrip. Com. Ctrip. Com. A mixed first quarter. Positive results really driven by new items. Strong sales growth and improving growth margins should help the stock higher. Carrying aroup is price target. Does the chart make room for that kind of upside . It does. A longerterm chart shows pretty nicely in fact. Up, we see that shares of lululemon have traded up and down in volatile swings, tapped by selling pressure, two levels. The stock has taken a that first level, subject suggesting they will probably push the shares higher to a second level, right near citys price of seven dollars. It looks like the shares could see more strength in the near term. Thanks so much, joining us from the nasdaq. Company we arer keeping a close eye on is lending club. The company canceled its meetings just as it was about to begin. Written on piece was it and the author joins us now today. It is very unusual. I cannot think of the last time i heard of a company that postponed a shareholders meeting. This is the meeting where they elect the board of directors on important issues like that. It, basically, the webcast was just about the start. I was on my computer hitting refresh, waiting for it to start and in the headlines came that were canceling the shareholders meeting. Theymes a day after canceled an appearance at a financial conference. That tends to happen sometimes. People assume, that something is going on and maybe they are getting a takeover did or Something Like that. Meetingg a shareholder is that the deal and it raises a lot of questions about what exactly is going on. That theyreg deal trying to announce or they just do not have it together enough to hold a Shareholder Meeting . Unanswered questions at this point. Another in unanswered question is the ceo who was ousted, wanting some investors to keep the Company Private . There is a new episode every week. Reports surfacing that he was looking together investors and take over the company himself. Interesting reaction in the stock. They kind of jump on it. Stock tends to just go straight up with reports of a founder like this trying to keep the Company Private. Came back down a little higher now. There must be a lot of skepticism about whether he can pull this off. He was ousted from the company because of questions about disclosure practices. They were changing dates on some loans to make them qualify to be purchased by jefferies. He was an investor in a fun eying loans from lending club and trying to get the company to invest in them and there were a lot of issues regarding how they disclosed that. Lately an industry rhetoric regulated but it is clear they will be even more heavily regulated. Seems like a launch that a guy like this could come back and take the company what kind ofse premium would you have to offer and who would be investors be who would be interested . It also seems the big issue for them is can they keep investors interested in order to pass them off . Demand drives up and they have got nothing. Is probably the Biggest Issue for them. There are other competitors doing similar things online. Tons of online lenders. There were a lot of questions about the funding of the entire industry in the first quarter. It is understandable because it is a volatile quarter in the market and a risk off quarter. The question is, will the rebound go forward . A lot of people are waiting and backing away from the stock. To see if this is a Sustainable Business