Liz former secretary of state, senator celebrating achievement with bill clinton, daughter chelsea and family on stage in philadelphia, wrapping the dnc conventions with the scandals trying to put them in the Rearview Mirror but her republican opponent quick to remind everyone of those scandals the dncs problems and split in Democratic Party over Bernie Sanders. Donald trump virtually live tweeting. Weve got team fox business coverage peter barnes on the trail with hillary. Our Political Panel battling it out. How would she scare a pretty horrible Second Quarter growth number with her economic plan . On plan, on wall street, check it out. Messy oil trading and looming european stress test, investors cautious but the stock market is doing relatively well. Its friday, we made it, you guys. Lets start the countdown. Liz there is a lot of talk about chattering ceilings but the gdp did it today, can put a damper on the s p, the index hit lifetime high of 2175, at this hour looking for eighth record close of the month. We are at 2173 but lets keep an eye on the 2175 number. Whats leading the tech, the tech center, 16year high and thanks to strong earnings from alphabet, Parent Company of google. Do you own this stock . Apparently a lot of you town website, youre looking at it, clicking on ads that you see on your phone, yes, mobile ads skyrocketing so shares are up at 96. 26, see amazon, that earlier today, lifetime high. The ecommerce giant finally figuring out how to make money and profits too. Goldman sachs raising prices, shares are up 15 year to date. You can forget the lacy dais of fridays and summer, no way, its the third way in the row that the dow is battling to the very last home to end the day in the green. Its the last hour of tray for the day, the week, the month. Dow was up for the sixth month in a row, longest winning streak since 2013. General election battle to lead america has now begun, Hillary Clinton after a long time climb to the democratic summit formally accepting nomination, first female president ial nominee in history ever. Daughter chelsea introducing mom prior to democratic commanding speech in which she labeled donald trump, erratic and reckless. You really think donald trump has the temperament to be commander in chief . [shouting] donald trump cant even handle the rough and tumble president ial carvian. Liz it did not take long for billionaire businessman to command the twitter verse, he was counterpunching by a twitter. Crooked hillary said that i couldnt handle the rough and tumble of political campaigns, really, i just beat 16 people and im beating her. Hes talking about the latest polls. Hillary and tim kaine just wrapped up and peter, america is bracing for one of the most divisive elections in history. Well, she just started a threeday bus tour, liz, to highlight bus and the economy, to try to start roll over donald trump. It started here in philadelphia, here at Temple University where, of course, a lot of students want to get jobs when they graduate, also, dont forget this was one of her poorly performing demographics in the democratic primary. She did not get the students, she did not get millennials as much as Bernie Sanders did so this is a good place to start getting message across to those voters who she will need to beat donald trump but on jobs and the economy, she took she started taking the gloves off today going right after trump here at this venue, listen. So on our bus tour we will be visiting a few places where people are making things. I find it highly amusing that donald trump talks about make America Great a thing again, he doesnt make anything in america except for bankruptcies. So shell be going eight cities, seven more here in pennsylvania and ohio, shes now headed to a toy manufacturing facility just north of philadelphia and she is going to promote her ten billion dollar plan to help revive american manufacturing. Liz. Liz peter, thank you very much. Peter banks following the very start here of the campaign trail here. Clinton paints a pretty positive picture last night and thanked Vice President joe biden and in the light of day the picture is not so perfect, folks. The u. S. Economy grew far less than expected. This number came out today for Second Quarter gdp. Expectation was 2. 6 . Emily is a democratic strategist, blake is a republican strategist and former assistan to george w. Bush. Esm emily this is a slow recovery here. Hillary clinton is trying to say, thank you, president obama, its growing so slowly and how does she square with what americans are really seeing with the numbers . It was a positive vision for the country, she very seriously and precisely acknowledged pain that people are feeling, both because of job loss and wages are not growing. She talked about that squarely. Her vision that she put forward during entire convention it was a positive one, it was a start contrast from the Republican National convention the week before which was really about fearmongerring. Shes not trump. Shes actually about something to the country. Liz i get it. Brad, donald trump was given in a kind of twisted way a really wonderful talking point with the gdp number yet he spent most of the day tweeting insults at hillary and rebutting anything that she said, why didnt he seize upon this number . Our convention was about telling telling the truth. Hillary didnt talk about the economy because shes tied to the economy because she was part of the process by which Foreign Policy had a lot to do with the state of our economy and she was part of the obama administration. But here is one thing we know, people are looking for work, not fast enough getting employed. Kids are staying in school because they cant find jobs and this is an economy that is not working for the vast amount of americans. Dont take my word for it. 70 feel america is on the wrong talk. No talk in the democratic National Convention about Debt Reduction or balance budgets, only about free college and liz i would argue too for both of you hold on, emily because i really want your opinion on this, for both of you, both candidates what they articulated was big or bigger government. We could put uphill ri, hillary was talking about wall street will pay their fair share, Free College Tuition for the middle class, raising the federal minimum wage, 12 an hour, donald trump for his part expanding the military, expanding law enforcement, building the wall, making child care affordable for working moms, that to many people looks like subsidization. Emily where is the Smaller Government . Smart government, the way it helps people from the bottom out, it helps stabilize them, thats the kind of government shes talking about and she was specific in her speech that it would not go unpaid for, it would not increase the debt. In fact, she had a specific way as you mentioned to pay for everything. Everything trump has talked about he has given lip service to but no plan to implement them, but everything he talks about is bigger and bigger government. I mean, he was essentially talking about a nationalized police force in his speech. Liz there was a lot of talk about expanding things. That takes money. Donald trump is talking about prioritizing, you take from some where else liz if not social security, then where . We have to start solving problems. Thats why they want an outsider. We have to reform enintointo entitlements. This is so much of what the obamas have kick it had can in the last year. Thats our problem, we live in the moment at the expense of the future. Thats why donald trump is catching on is because hes going to be a problemsolver, its not creating more government prioritizing where we need to spend more money. Liz it may be uncomfortable to hear this but everybody on both sides need to do belt tightening. We started with emily, we will end with brad, thank you so much or a busy day with 48 minutes before the closing bell. Thanks, guys, we really do appreciate it. Take a look at the heat map. Thats what we call it. Its actually cooler than hotter although it is split much down the middle. The markets close up on final trading day of the month. 48 minutes to go before that happens, but the traders are still in the sweat of it flt we are going to take you to the floor show, what you should be doing with your money before august 1st rolls around. Youve got to hear that. And star trek helping cbs alabama up 27 in net income. Out of this world. Syfy franchise, but even with the ad sales failed 3 . That has investors zoning out about the broadcast earnings, cbs pulling back about 3 and a quarter percent. America jimmy walker shot the round of his life. How he is doing so far in round two of the fga championship, oh, we are going show you when count down continues. The dow is down 27 points with this level of intelligence. Its a supercomputer. With this grade of protection. Its a fortress. And with this standard of luxury. Its an oasis. Introducing the completely redesigned eclass. Its everything you need it to be. And more. See your authorized dealer for exceptional offers through mercedesbenz financial services. Mercedesbenz. The best or nothing. I wanted to know where i did my ancestrydna. The most shocking result was that im 26 native american. I had no idea. Its opened up a whole new world for me. You just stuck it in a drawer somewhere and forgot about it. Until a dump truck hit your pickup truck and now you need a tow truck. Does your policy cover the cost of a tow truck . 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The company cited oil prices same as exxon mobile with disappointing results. Tough times for oil companies. We are in the bust part of it now. Look, if you shook off brexit fears and Oil Volatility that has paid off for you and portfolio. July has been a month of record for both the dow and s p closing at recordhigh seven times this month alone. Lets get right to the floor show and all of our wonderful traders in the New York Stock Exchange. S p hitting an layoff time high, dow on track for fourweek winning streak. You could argue its been swamped by the terrible gdp number, does that worry you for august as a trader . Not really. Hidden inside those horrible gdp numbers was a pretty good personal Consumption Expenditure number and if you have seen core retail sales for the last three months, theyre pretty good, and we are still two weeks away from the retail part of earning season. As you get to the part of the earning season where youre going to be trading the tax, you might want to slight into the retailers into those numbers and get out of them right before the numbers because thats when you have risk the most. Liz let me just tell people. You have the Consumer Spending, increasing the portion thats 3 portions of gdp. The fastest pace since 2014, thats what youre referencing, right . Oh, yeah, the best quarter for the item and second best in six years. Its a decent number. Liz chris, what are you seeing the fast money do in the floor of the cme . Well, i think we talked about this before, weve had a great rally, weve rallied 1500 points since the brexit low. You can protect that rally and i talked about it before, you get long in new york, you buy your protection in chicago, you need to be buying at this level to protect yourself, thats why this building is built. Managing your risks and you dont have to go to bed at night worrying about risks, you can protect yourself. Liz what happens if oil goes alan, into bear market territory, we are pretty much there . I want people to know their market territory youre off 20 from the recent highs, recent high had been 51 bucks or so, earlier we hit 40. The number to watch is 40 and 98 cents. We are not there yet. But, alan, anybody who thought that oil had plateaued at 42 or 43 has just been plain wrong. True. [laughter] liz go ahead, alan. Im making a call here, we are close to lows, we hit the lows. I dont see it much going lower here. Theyre cutting back. We saw with the rig count and also in oversold condition. Its not going last long. We are heading back up from here. What im calling back up to the 4344dollar level. As for being down here, its a good thing, im glad, producers have to come and get more efficient and consumers are benefiting from this. Liz i dont know, they count back year over year but over the past i think we saw another grinding higher, thats the tenth week in a row. Overall steven, you like retailers, you think that thats maybe the play because we have the better than expected Consumer Sentiments number, actually the Consumer Spending number but consumers sentiments itself is not that great. You know, youve got a retail audience on balance watching the show, what is the number one mistake you dont want them to make right now . Well, like the like one of the other guests just said, you to cover your basis, you have to make sure youre protected. Make sure you always have 15 to 17. 5 of your money in fixed income. Make sure you have 40 to 45 in equities, make sure you have an enough cash on hand in case your boiler blows up. Liz great to have all of you. Steven, chris, and, of course, alan, thank you for joining us. Our favorite traders are the best. Be sure to watch wall street tonight because Anthony Scaramucci talked with alan while he was at the dnc. It airs tonight 8 00 p. M. Eastern, the big money and how he views whats going on with the election. Then stick around, john is focusing on the good, the bad and this time from the dnc convention. Thats 9 00 p. M. Eastern time w. The closing bell 38 minutes away, the dow down 30 points at 18425, a brand new start to a brand new year. Excitement on and off the field. A very dark cloud of controversy is hanging over their heads. What you need to know as nfl Training Camp kicks off, countdown is coming back with that and much more many people clean their dentures with toothpaste dentures look clean,ugh their in reality theyre not. If a denture were to be put under a microscope, we can see all the bacteria that still exists on the denture, and that bacteria multiplies very rapidly. Thats why dentists recommend cleaning with polident everyday. Polidents unique micro clean formula works in just 3 minutes, killing 99. 99 of odor causing bacteria. For a cleaner, fresher, brighter denture every day. Liz round two of the pga championship you know way today in new jersey. American jimmy walker shot the round of his life yesterday to take the first round lead. It is the first time he led any round of a major. So what is he doing at this moment . He just is off the lead. Argentine grillo out front, 7under par on theth hole. Walker tied with british open champ henrik stenson. Martin camer and patrick reed tied for third. All 32 fnl teams headed back to camp this week. Nfl. Some of them decided to retire. Peyton manning retired after very lengthy career. Many younger players called it quits after a few seasons, citing fears numerous concussions will have later on in their lives. The Nfl Players Union agreed with the league on new concussion protocols. Will that keep players around longer than just a short average of 3. 3 years . Joining me sports Business Journal and nfl sport writer, dan kaplan. Dan, enough guys have quit the nfl numbers so much they could form a third 33rd team. They retired early. This is becoming something extremely serious. We have to look like eric bowlan, who truly retired unexpectedly young. Those players advanced in the careers not getting contracts they wanted. Such as the guard for new york jets who retired unexpectedly. Ferguson. There is distinction. Could you cite a whole team of players. There are players, who said, unless you pay me a lot more money, im not going to play. It was not health was real issue. They wanted more money and didnt get it. Liz ill tell you something, money is going toward this concution issue. You now have paid independent spotters who will be sitting in i guess the upper press boxes scanning the fields, correct . Scanning for any disoriented players, pulling them off the field. These guys are used to hiding if they have a bit of a jangled head after one really bad hit because they want to stay in the became. Spotters were in place last year. A big part of the problem the players want to stay in, if they get taken out they could lose their job. That has happened. Liz what do you think about the fact that the ivy league teams, starting this year, will not have body body contact during practice or during the preseason . I think its great. Because all the evidence shows that a lot of these injuries get sustained during practice. Liz do you think that the nfl will follow this lead . It is going to be very hard to get coaches to come along. Theyre already upset with the limitations in practice put in place in the last round of collective bargaining. Liz lets get to the open olympicses. Were one week away. This has become a extreme study in the frivolous which is the outfits which came out today, for the american team. And then, on the othe