Im not hearing much by way of right now. Shedding nearly 900 points this week technology, the biggest laggard, their reinvolvement. Take a look at apple, microsoft, does that suggest its because a amazon and nvidia, all moving lot of these u. S. Economies still depend on that lower by roughly 2 or more in a thats kind of what were couple of cases. Well have more on that kelly talking about, right were talking about the fact 5g has civilian and military later. Tyler, thanks to the breaking news expected applications down the road so theres a great deal of concern this hour now. President trump is about to make how this is used in autonomous an announcement with trade on warfare should it come to that the eu there are always big eamon javers has more now. Conversations. I thought huawei was kind of the president s run ining a w taken out of the process to an minutes behind there in the roosevelt room at the white house. You can see cattle ranchers are extent, but not favorably so already gathered for this event. So i dont know whether thats been smoothed over were expecting an announcement of an agreement with the eu to hard to tell from the way they talked about it. When you look at the nasdaq today down hard, about 1. 7 . Allow more u. S. Beef to be if you, do you think you should imported into the European Union based on a quota system there. Rerate Tech Companies and the thats viewed as a positive for opportunities they have. Absolutely not. Whats interest iing about ts American Cattle ranchers market is how calm its been we havent seen any more than larry kudlow earlier said this two days this year where the s p is going to be a fun one and the reason i think he uses that 500 has moved up or down more than 2 . Thats compared to an average of language is because this is a stark contrast between what 17 days. Weve seen in the china trade and even though these negotiations as you were talking uncertainties have elevated, its clear the dow and s p is down less than 2 . I think whats going on here is about in the last hour this is a win for the u. S. And a win for cattle ranchers and an opportunity for the president to show his trade policies are is that this goldilocks economy bearing fruit here ultimately, guys z thanks. As we wait for President Trump, that keeps grow iing at a slow pace with low inflation is enough to reassure investors lets bring in tony fratto that the fundamentals are in Founding Partner of Hamilton Place strategies tony, welcome. Good to have you thanks. Place. Over these concerns so were you caught by i say stay invested look for a dip then invest more surprise that the president did because as longterm investors, you want to be in this market. Two points. Number one, theres an enormous global central bank. What he did . I frankly wasnt after the Interest Rates are too low chinese made it very clear in their statements i believe it was wednesday their time that they were none too pleased with the president s own rhetoric just because i have to, when you i think going into this week, look at that picture, this announcement will in fact be all we didnt hat no cattle. Right we didnt see this coming, you couldnt resist but once we saw the way that you know its sunny in that conversation went and the room but look if you look at the reports out of it, you know, its, when you think about this positive trade agreements weve seen so far, they amount to agreement with the europeans, that may be coming on beef, we little negativity with china is very big. Let me ask you something remember trade disputes are a which i think. Thats a left turn it really caught my eye that the they happen, even with economies that weve been trading with for Defense Department is now going 400 years. Were going to have trade to take a second look at disagreements with china so this is going to be fairly amazons bid in the contract for normal for a while Cloud Services we had a guest yesterday, i believe it was fred kemp who was on yesterday and he concluded with a statement that effect of this. Its really a two horse race why do you think at this point the Defense Department decided dont think this is only about trade. This is only a collision of two to look again at amazon . Systems. Of two economic powers and the youre smiling a guy in a round office doesnt like amazon sm. Resolution of this struggle is doesnt like amazon and made going to last for decades. It an issue. Going to look at second check at its not only trade. A lot of his you saw the same with at t fred is right this is the single most and other activities important economic relationship and more than economic he is upset by something this its more than economic government is doing. For over the next 50 years. Hes not afraid to say out loud. Right. The government is responding to were not talk iing about what the things that he says. Happens in the next five months. Its a 50year dance that were going to see for these two by the way, we went around the economies. Cultures standards for the social compact world. Lets dip in if we might tony between the government and its people these are enormous questions and and go to the big guy in the they have enormous consequences round office for a very long time after the announcement wonderful day yesterday, goldman last night raised the possibility that the a wonderful deal for a lot of president might tariffs on eu people today, were signing a breakthrough agreement that will make it easier to export american beef into the european autos. Union. Weve been under negotiation for slightly quite a while. Just saying we have to take all of this now. Maybe as a greater risk. Didnt cliffton had an and our beef farmers we didnt interesting counterpoint which is sometimes the president likes think were being treated fair to come out when hes ratcheting up tensions with china and have but the European Union stepped up and we appreciate it and we have great representatives here a small deal with the eu or japan on the ore hand, maybe pushing the mexican canada agreeme with us today. Agreement. Will we see more movement in a this is a tremendous victory for American Farmers, ranchers and positive way on some of these of course european consumers because american beef is bilateral trade deals to off set considered the best in the world. Were delighted to be joined today by ambassador robert what is now the escalation with china . I think hes more likely to do the things that he says he wants to do. Right . He likes tariffs lighthizer, deputy secretary of agriculture. Sennski, the European Unions he wants to use teariffs he sees them as a virtue, a ambassador to the united state. Means to an end, but he reallys and representative of the presidency of the counsel of the help this economy. In contrast to where the eu Republican Party has been and a i also want to thank senator lot of economic, some of his john hogan, my friend, for being economic advisers have been as well so youre more goldman camp here along with john, good job, absolutely. John along with the president of the he would love to put Auto National cattle mans beef association, jennifer houston. Tariffs on thank you, jennifer. He want to see if he can get something first. This eu beef announcement didnt and the president and ceo of the just pop up this week. Theyve been, in fact, its been United States meat export announced twice already going back to june this has been in the works maybe they took advantage of federation, dan hall strom thank you, dan, very much. Doing the public event with it congratulations. The agreement we signed today today. And to counter will lower trade barriers in because people say wait a europe and expand access for minute, on the one hand, were cracking down on airbus, were American Farmers and ranch rers. In year one, duty free american upset over the subsidies beef exports to the eu will on the other hand, were expanding beef markets to europe increase by 46 . M on the other hand, these tariffs may be coming on europe over seven years, they will increase by another 90 . P specialty foods. In total, the duty free exports its difficult to wrap your head around what that status is so we have to find certainty from rise from 150 million to in any of this 420 million and increase of the uncertainty is the theme of over 180 . My administration is is standing the day. Certainly the theme of the week up for a farmers and ranchers as chairman powell emphasized a number of times and were seeing like never before. Were protecting our farmers in more evidence of that. Many ways including with china stick around. You may have read a little bit ron insana is with as stocks try about china lately for their worst week of the agricultural churl products and exports have increased by more year is there more pain ahead ron is with us and neil. Than 10 billion and beef export we appreciate you being here have increased by more than 31 . I want to go back to this idea not of the collision of china in another major win, we fully opened the japanese market to and the United States so much. But i was hearing this morning u. S. Beef. As i rode in the car about a we are also opened markets in trade dispute between south korea and japan. Tunis tunisia, morocco and australia i think youre pretty happy and its serious about that never seen anything like that and what it says to me is that happen not with your other president s you havent. The world is, has, has started and were reducing burdensome regulations that unfairly to move very distintly away from imagricultural producers when our farmers became victims trade comity to adversarial relationships in trade of unjustified retaliatory tariffs from china and other a mercantilist approach to doing business and that does not auger well it countries b, we provided 28 would seem to me for the global billion over a twoyear period in relief. They were targeted and we took economy. Care of our farm eers. It augers well if you like the 1930s. If you like the 1930s and a and ranchers and i signed a historic farm bill which provides our farmers with certainty and the kind of race to the bottom on currencies the chinese currency almost hit seven in overnight trade on certainty that they need while supporting increased agricultural exports the tariffs. We saw asian markets down hard european markets down even the agreement that we are about to sign keeps one more promise harder on concerns theyre to the great patriots of caught in this trade war between the United States and china and you have a wide variety of american agriculture individuals running around the planet talking about populism these are indeed patriots. And economic nationalism led by theyre also targeted first by other countries to try and take steve bannon, others who are advantage of the United States theyre the first to be targeted, but we, we take that sell i selling this idea all over the world that multilateralism is bad, bilateralism and economic target off their back. Opening markets for our farmers is about more than just an nationalism is is of supreme industry its about a way of life importance generations of hard work, tony and i might disagree. I think were looking at u. S. China and having the same passion and dedication have gone conversation we had in 1989. Into making america the largest producer of high quality beef i dont think china is a threat to the United States ultimately anywhere in the world by far the way steve bannon or others were proud of our farmers and would suggest. Japan of 89 was about as ranchers we love them and with this good as it got for japan announcement, we take one more step in giving them the level and as good for china Playing Field that they have, 22 million unoccupied homes. Theyve really been looking forward to this for many, many years. You folks know that. They want a level Playing Field. Thats all they want and nobody they have a 300 debt to gdp rh can beat them. Owe. They bought things and sold so i want to thank you all for them the same way the japanese did. Being here and now id like to we overestimate their invite a very great gentlemen, a capabilities, particularly as they move tworowards a norwelli friend o mine and somebody thats done a fantastic job for our country. Ambassador lighthizer, to say a few words and well follow that state. Before getting into more on up with some of the very high that, people here who are saying well can i own u. S. Stocks with officials from the european all this going on, the landscape union. Tyler described now, having these major shifts underway, one camp says u. S. The is the most thank you very much. Bob. Thank you, mr. President , for being here today and for your attractive house one says now youve got to price leadership in making trade out the growth and trade policy work better for all americans. Ambassador lighthizer, well opportunities, especially for Big Companies in the s p 500 that you could previously count on we think international continue to monitor what he says there as he gets into the details of this new beef equities is key for a diversified portfolio. Agreement that will boost the you want to own international amount of american exported beef eck quities. Into the European Union. They were the worst. We want to own a diversified it is not a huge deal by any portfolio. This is a globally and stretch, but it has certain interconnected world whether he significance obviously for like it or not and china is the ranchers and beef producers. Lets go to eamon javers at the lynch pin of growth and thk of t white house whos opinibeen monitoring this. Hes actually in our bureau. Thats right. This is the president shining a light here on this deal as you say not an enormous deal tradewise, but this is the president s opportunity to do a little bit of an end zone dance and say that his policies are delivering results for voters across the country, particularly hard hit farmers you saw the president there emphasizing the idea that he is willing to have the back of americas farmers. Thats a reference to the fact that the United States is now sending money to farmers who have been impacted by chinese retaliation to the president s tariffs. That theyve been caught up in these political cross winds. The president is determined here not to allow those political cross winds to become political cross winds that affect him in 2020, so part of what hes doing is is taking some of the economic pain out of the the retaliation by the chinese and then also by doing an event like today where hes shining that spotlight on some successes hes had that are really benefitting farm country so this is an opportunity for the white house to drive home that message today all right thank you very much. And tony before we let you go, we talked about what the real significance of this deal might be is it possible that we will see a better relationship between the u. S. And europe over the next couple of months while China Remains the thorn. We hope so. Trade agreements are hard won. Hard to get so so even though this is a very small agreem lets hope it signals something to more accomplishments in bigger areas we dont want to see auto tariffs. We want them to do a deal that includes agriculture and other products hopefully this is a first step toward that. I notice youre sounding cautiously hopefully. Hope is not a strategy as we say, but we want to see them try to build on this all right tony appreciate it. Thank you, sir well continue to monitor this event in case the president starts making further comments up next, much more on the impact of the new tariffs on china that are scheduled to go into effect next month. Well talk b about how retailers are doling with this and oil is rebounding after yesterdays plunge it was its worst drop in three years. Is the bottom in or not . Well ask an analyst for his price prediction coming up on power lunch. Retail stocks getting rounded. The etf attracting the sector is down more than 3 over the past two days as you see it now down about a half percent thursdays tariff announcements certainly rattled the markets and were going to go to cou Courtney Reagan for more hi, court. Hi there, tyler this announcement that came yesterday, it really moved fear into the reality for the retail sector, but 24 hours later, were seeing some recovery in the stockprices. You just noted that etf that tracks retail. The xrt. Now down just about half a percent. Thats better than broader market, tariffs on goods imported from china, like clothing, shoe, toys, electronics will Cost Companies more when they import them and then those higher costs will get passed on to consumers in the form of higher prices. At least in some cases, by some retailers, so steve madden is down b about 3 or so and this is after shedding 9 thursday. That makes sense because 94 of its u. S. Sold goods are made in china. But thats not necessarily the case for all retail. So thursdays wide and deep sell off was a little overdone for some names for instance, levi has said total annual china imports are less than 8 of its u. S. Imports and that stock was moving lower. The impactsligib negligible abercrombie sold up sharp ly, sh up about 6 . Fdr said it could shift more production into the non china factories it uses, so its making up ground coach and Kate Spade Parent Company tapestry sources about 17 of its goods from china, but less than 5 of its handbags and shares are up about 1 today so maybe some cool er heads are prevailing well ask thank you. Our next guest says the additional tariffs wont be catastrophic, but its saying retailers could see a disruption since the Holiday Season is just around the corner. Jerry is former hudsons based ceo. There was somie panic yesterday. Was it unjustified or were we talking about major head winds for these retailers at just the wrong time i think the tariffs are important, but impact has been exaggerated. If you take a look at retail, start with retail. Retailers will respond many have moved their supply chains theyre going to go to their suppliers, go 10 , not that much theyll look to manufacture elsewhere. Third thing is alter their assortments and not carry the things where they dont make as much money and the last thing theyll do is pass price increase on to consumers if they have to, but theyre not going to lose money on this in the end, so the stock results we saw yesterday they were just in my opinion absurdly extreme in terms of the reality for retailers. I was just going to say best buy was down 8, 9 steve madden was down big in todays session by about the same amount. So people you could say are just worried that this 10 is going to go to 25 weve seen that happen before. If it goes to 25 , is that a different story . I think a point at which that it starts to hurt, but even that, as long as theres a rit l bit of time to react, retailers will react on the lines i just outlineded and even theres not time to react. Theres a one, two year impact be from the consumer standpoint the 300 billion in goods that were talk iing about here, they represent a small percentage of the total 14 trillion in Consumer Spending in the u. S. And i did some calculations, ran a little model my estimate would be even if prices on all those goods increased by 5 and i dont think thats going to happen for the reason i outlined, then the impact on the overall consumer is Something Like a perceived inflation rate of a third of one percent, so basically, almost nothing. I know its going to hurt some specific players theres some specific parts of the industry that are especially concentrated in china, but capitalism is fluid and will react to this. So lets go to the one specifically that you have in mind that might be the more vulnerable ones. There are you know, i take you point that the consumer is healthy. But there are a lot more price konz consumers in the United States than i think many of us like to think of so i would think maybe the price conscious segment that would be hit hardest. Do you agree i dont really. Because i think that the walmarts of the worworld. They have the clout and able il to move fast tark, costco, dollar general, t. J. Max, these companies can and will respond amazon is becoming more of a marketplace. Their sellers will just change out and the people who can make money will stay on the platform and will do great. So i dont really see those people as being our hit. However, retailers that are weak, particularly Department Stores, people who have someone like a j. C. Penny, a high concentration of own label merchandise heavily manufactured in china, theyre going to have a lot of trouble because thats hard to move quickly and theyre already in a weakened position just like whats going on o in retail as a whole, the Department Stores are in trouble big time the last few Monthly Retail reports that have come up have looked terrible for Department Stores apparel in general, particularly in mall based apparel is is really on the rocks. We probably have two to three times as much physical Square Footage in the United States as we need given these shifts that are taken place. And so the Weak Companies are going to have to close stores, have to go out of business this moves some to do it more rapidly. Dont exaggerate the impact of just this 10 on this one good that alone is not the Bigger Picture. The Bigger Picture is the shift from bricks and mortar to e commerce the traffic thats just crashing at the mall and the shift from c consumption away from apparel. Thanks. Good perspective appreciate it. From retail to tech stock, that was another sector getting whacked today. The fed stocks are all tumbling, but one seeing value is cam partners they initiated facebook and google as a buy. Should investors also buy this dip . Michael and martin are your trading nation team. Michael, lets start with the fundamentals here. Has anything changes for you over the past 24 hours with this announcement no, absolutely nothing at all. I mean these companies are relatively immune from this announcement i have no problems with the buy ratings at mkm assigned to thes companies. Theyve been strong performers and are not immune to pullbacks, but i would use them opportunically as i look through these stocks, im going to include apple in there. When i look at the companies that i thought had the two best quarters, i thought google had a great quarter. I would use any pullback to buy google i thought apple had a accident quarter, but i thought they had b better guidance. Mark, what about you . How do the charts look for your and the whole group . Technology is just not that attractive right here. Just recently in the last few days, youre seeing evidence of deterioration. The fang stocks in particular have lagged since last june and yes, there are some winners. Twitter, facebook, google, amazon, those look very good technically. However in the near term, theyve begun to show near term signs of pulling back. How much downside are you seeing i think 5 to 8 in general in the market between now and the end of september really any sort of balance i would use to lighten up or be defensive. Well leave michael to do that guys, thank you both appreciate it today. And for more trading nation, head to our website or follow us on twitter at trading nation ahead on power lunch, oil in the green after yesterdays major declines, but Energy Stocks still underperforming and our next guest has some names he thinks are worth betting on even in one of the s ps worst performing sector. Plus, a pins resting quarter shares of pint rest having their best day ever. And women on tflight deck. Heading to alaska where one Flight School is searching high and low and everyone in between to find more female pilots all this when power lunch returns. Whos dog is this . Its my special friend, antonio. His luxurious fur calms my nerves when im worried about moving into our new apartment. Why dont we just ask geico for help with renters insurance . I didnt know geico helps with renters insurance. Yeah, and we could save a bunch too. Antonio fetch computer antonio . Ill get it. Get to know geico and see how much you could save on renters insurance. Yeah, i think we can take five. You had to open your big mouth. Heres what im gonna do. Im gonna smash him right in the face. Kill all thirteen guys in three seconds. Im gonna drop kick him. Him, and him. No, no, no thats my guy. Thats my guy. Look at you the fate of the world is in your hands and you cant even get along. Your momma. [ screaming ] welcome back heres your cnbc news update President Trump praising kim jongun saying he has a great and beautiful vision for his country. This following a flurry of short range missile test that lowered expebations for Nuclear Talks between washington and pyongyang. Palestinians clashing with forces near the sight of a recent demolition of houses which israel claims were built too close to the security barrier with the west Bank Hong KongCivil Servants joined an antigovernment street protest as chinas top diplomat accused the u. S. And other western nations of fans the flames of those protests Civil Servants in hong kong are traditionally politically neutral. Back here at home, one of the largest music fest values in the country is is underway in chicago. Lollapalooza gets underway in grant park where thousands are expected to gather for some pretty darn good music and theyre enjoying themselves. Back to you guys no better city in the summer than chicago really a great place to be sure is thank you very much have a great weekend lee markets at the halftime of our program. In the Third Quarter now red. Red, red, red, red, red across screen the dow, north ameriasdaq and se losses have been sort of mitigated a little bit over the last hour or two check out the semis. That group down a whopping this week along with the broader markets. Theyre on track for their worst week of the year ouch. All right. Thanks the oil market is closing for the day. Speaking of ouch, lets go to leslie picker. It was a better ta moving in opposite direction from those equities tyler was showing you crude up 3 . Brent up 2 . 61. 82 al are falling, so is the more pain ahead for this group here to discuss is a Senior Vice President and Energy Analyst at raymond james. Nice to have you with us pavel . Thanks for having me. Just wanted to make sure youre there how you doing . Good. You are kind of out there on a limb i think among your peers in predicting that next year, wti will go to 93 and brent to 100 sometime in 2020 why do you see that happening . Yeah, so that marks the cyclical peak, absolutely sometime in 2020 we have an undersupply Global Market now to the tune of a Million Barrels a day, so global inventories in 2019 are poised to shrink by over 300 Million Barrels. That alone is a lot. Now in 2020, u. S. Production growth, weve been watching this closely. Is is likely to slow by half becausctivity has been declining in recent months that will feed into 2020 declining why because thndsn there or because the price is too lo t and companies, emp companies, are responding to shareholder pressures for more capital discipline which means less rigs runs thats bullish for supply. The other thing that happens in 20 is imo. This is the low sulphur fuel regulation taking effect in january. That we think will wipe out about a Million Barrels of high sullivphur ply that will be rendered unusable so whos going to fill that gap . Well, saudi will have to pump all out. But en wiven with that, we thi inventories are likely to continue to shrink over the next 2 months lets go to a couple stocks you like and one you dont the one you dont like is is is exxon mobil because you dont see it benefitting from the cyclical highs that you see xt. But lets go to the ones you do like oxy, marathon and cos mos. Why . These are three essentially pure Oil Producers about as close to 100 crude oil exposure as you can get among u. S. Based companies if you believe, maybe not 100 oil. 80 would be just fine for 2020 if you believe in significant 30, 40 upside in crude from current levels, you want the most operating leverage. Exxon by contrast is a highly integrated company it is the Third LargestChemical Company in the world and at a time when by the way, the Chemical Industry is in a down cycle, exxons chemical earnings were at the lowest level in 11 years, oil prices go up. A head wind for the chemical operations sure, exxon will make more money overall, by the pure Oil Producers like oxy, which of course is about the close to anadarko acquisition, will do much better on a relative basis because they have such a tightly focused base thank you very much appreciate it. Always good to see you to the bond market now. Rick santelli is tracking all the action b and theres a lot to track at the cme today, rick. There is and lets go fast. One week charts, tens minus twos hovi hovering at 14 down eight points. The long end got clobbered one week of tens, down 20 basis points which means twos are down 12 to make up the eight point difference boons briefly touched minus 50 today as they keep going down and if we look at going on in the dollar index, it is hovering unchanged on the week, which is miraculous considering all the volatility and downward pressure one would think given the market moves. Mike, back the to you. Pick it up. I wasnt sure when he said mike. He said mike, didnt he thats a mike drop exactly all right read this. 2019. That was your turn aisle mouth it. Clearly the year of the ipo as several ewan yorn corns have gone public. Some have struggled, others have soared up next, were talking all things ipo having its best day ever and so are we are we well be right looked at chart patterns. Ive even built my own historic trading model. And youre still not sure if you want to make the trade . Exactly. Sounds like a case of analysis paralysis. Is there a cure . Back. Td ameritrades trade desk. They can help gut check your strategies and answer all your toughest questions. Sounds perfect. See, your stress level was here and i got you down to here, ive done my job. Call for a strategy gut check with td ameritrade. One bright spot in the market today is pinterest which is having its best day ever. Its up more than 20 and inv investors are pinning their hope ons a Strong Quarter ch what they got they hit a milestone of 300 million users. To talk about thisr at first mark and early pinterest investor what did they do right in terms of how they set up the whole ipo process . I think they were very thoughtful in setting up the ipo process. The Company Brought in a very experienced cfo, head of Investor Relations and did what any Good Communications strategy says is communicate what youre going to do and then go do it and then communicate what youre going to do next i think the Company Setting themselves up as a discovery platform has put them on the right trajectory you have a lot of other investments including air bnb and draft kings. Are those Companies Paying attention to this in the contrast between uber and lyft i think everybodys paying attention to the current market. Theres a lot of companies that got out in if first half and everybodys taking notes on what they did well and poorly haldane the tawhat would thee dont try and rush yourself out because you feel pressure. Be prepared to tell your story and have crisp metrics that you can continue to over exceed. Over time. Sure. And in pint rests case, a simple story an Online Advertising platform they kopt to put up numbers like that, they should do well. Does that tell you theres room in the Online Advertising space in social r for those just beyond facebook and google and fang i think it falls in not only the social space, but the broader advertising space as they take discovery share, but it shows that facebook and google have such a high share of the Online Advertising market but that market is growing so fast theres room for pinterest and snap chat over time. What is the trajectory by which they become profitable and how soon do you think . I dont know the exact time, but youve got to think over the next 12 to 24 months, the company has set themselves up on a growth path and both understands their expenses and revenue, domestic and internationally, to prove they can generate cash. Rick, thank you and coming up on the tasting menu, a profitable form of pot an ethical goose and fists of curing lower carbs. Lower calories. Higher expectations. The light beer youve been waiting for has arrived. Welcome back to power lunch here is a taste of other stories were watching check out aphria. They had earnings of 12 million making them the First Canadian pot company to turn a profit. There you go. Sorry. In other canadian news, canada goose are sliding today. Its not its 89 degrees in much of the United States its that the company removed statements regarding the ethical treatment of animals used in the 900 coats with fatmous patch they said coyotes used for trim were from overpopulated areas where they attack pets and, quote, sometimes even people the company denying this removal of this disclaimer was a response to false advertising allegations from the ftc. If they removed it. Theres a lot of buyers who thought it was not an indulgent purpose. Im doing something virtuous here an nbc universal, our parent company, is looking to throw down with disney hawpes and shaw is the ninth edition to the fast and furious series its estimated 200 Million Worldwide by sunday. In total, the franchise brought in 5 billion in ticket sales globally if you didnt read todays wall street journal, its not a review, its insight about how the men on your screen right there count the amount of punches they land and the fight sequences they win to make sure that no one comes out looking like make sure they come out looking macho enough so vitam the punch count the punch count it almost went official it got that serious. Dwayne johnson is a machine in the box office. A machine. Doesnt he have a shoe deal, too . Probably. I dont know. Yeah. Hes just really are you going to see it no. Youre supposed to say yes. No. [ laughter ] up next, were going to jane wells in alaska where one woman is helping to close the gap in the cockpit. Jane reporter guys, shes an faa gold steel Flight Instructor shes live you can see her above me giving a lesson started off Flight School when she was working and didnt think she was that good. She was that good. Guess who had the most laugh you should be mad at leaf blowers. [beep] you should be mad your neighbor always wants to hang out. Ould be mad your smart fridge is unnecessarily complicated. But youre not mad, because you have e trade which isnt complicated. Their tools make trading quicker and simpler. So you can take on the markets with confidence. Dont get mad. Get e trade and start trading today. They have businesses to grow customers to care for lives to get home to they use stamps. Com print discounted postage for any letter any package any time right from your computer all the Amazing Services of the post office only cheaper get our special tv offer a 4week trial plus postage and a digital scale go to stamps. Com tv and never go to the post office again hauc how often do you get on the plane and you hear a female voice saying this is your captain speaking. Jane wells is in anchorage, alaska on the effort to recruit more women to be pilots. Hi, jane reporter and just to recruit anybody to be a pilot. Boeing said the u. S. Alone will need over 200,000 new pilots over the next few years. One is behind me right now. A hopeful taking his lesson. I think you can see inside the cockpit. Thats the student on the right. Jesse hefly is on the left one of the top instructors in the country. Jamie, how is jesse doing . [ inaudible awesome jesse is doing fantastic were doing our process landings here and hes doing just great [ inaudible hes doing a fantastic job. Okay. Reporter thank you well get back to you in a second jamie tells me 70 of her students are men which means 30 are women including 19yearold madison who wants to become a pilot. Asyou said, tyler, only 6 of the Big Three Airlines have female pilots. Its still unusual to be a female pilot especially when trained by a female Flight Instructor. I think its cool to learn from women i played hockey for eight years, as well. I had all male coaches and it never really worked for me so i do better with women. Reporter all right so american, delta, united all tell us they have special recruiting programs and Financing Options including citizenshi scholarships to attract women. Jamie, if you can hear me, youve been flying for over 30 years, are you seeing more women take flying lessons . Yes i have noticed a great uptick in student pilots taking lessons. Its a great profession for women to get into. Theres a great demand for pilots in general. Female and male pilots they fly the same, the airplanes dont know the difference. Its great profession to women to get into. I love having the female pilot the and train with guys, too its fun, too. So, yeah its always fun to fly to teach people how to fly airplanes. Thank you reporter her school was named the best in the nation in 2017 we have more on cnbc. Com. Ryou had four live shots in anchorage get through beautifully. How did you do it . Reporter its all me nobody helped me. Thats wonderful. Wonderful. Thank you, jane shes the best. Thank you for watching power lunch. Closing bell right now welcome to closing bell. A crazy week for markets and the fed to tariff to earnings. What is the result were set for the worst week of the year as we head to the final trade, we have everything you need to know coming up. Im sara eisen. Happy friday lets look at what is driving the action lower in stock trade fears sending stock sharply lower. Wage gains did come in ahead offestments and the 10 year yield continues to fall. Coming