Well look at other names that could surge as well. Its tilman tuesday. He says todays record retail sales are good news but he warns were out of the woods just yet. Kelly, to you. Its the Third Straight day of gains for the major averages. Bob has more on these markets for us more positives than negatives on the reopening story talking about bajs are up today. Industrials are doing well you want to know how tough it is to call the industrial space back look at boeing. 150 to 230 to 198. Thats all in two weeks. 150 to 231 the max is trying to get recertified. The analyst estimates are too high every one is still playing the airline come back story. Thats boeing. Chips, interesting story Morgan Stanley downgrading nvidia it means kla corp. , lam research, corvo and qualcomm, new high for them. You see, more positives than negatives today. The reopening story, retail sales very much a positive beijing closing schools is a negative on the reopening story. Reopening stimulus and treatment. Back to you. Now to the bond market where yields are joining the market rally. Rick is tracking the action at the cme. Absolutely, kelly that retail sales you cant say too much about it. It was a strong number theres evidence all across the country that the ropings in some areas are pretty hots. I would have to say this my little town, the shell shves ar empty. What youll notice is around 10 38 eastern we see the yields dropped and a big bid came into the treasury market. We didnt see a huge effect by jay powells talk or any of the interactions with the senators the dollar index year to date chart are holding instead of last year. Dollar index is up a bit tyler, back to you thank you very much. More jerome towel today. The chair beginning two days of testimony starting with the Senate Banking committee he continued to express concern about the uncertainty for the outlook and including concern about a second wave of is virus and the long recovery that remains ahead in which people may find trouble finding their job again. A large number of people will not be able to go, immediately go back to work at their old job or industry. There will be a Significant Group thats left over after we get the employment mass. I do think theyll be hard pressed to find work and they will need support. Theyll have regular Unemployment Insurance for a period thats something i would be looking at is what kind of support will they need powell repeated the feds commitment to doing as much as it possibly can and using all of the tools and urged congress to do the same. There was some talk from senators about whether the fed has plan for unwinding its Balance Sheet and the possibility of the fed doing too mu much powell said he was concerned the fed did not go in and distort the Corporate Bond market i dont see us running through the bond market and snuffing out price signals and things like that we want to be there if things turn bad in the economy. Well have to watch that whether the ned would ease off getting data like there. Obviously keeping unemployment as low as possible is what they are after there has powell set up a collision there between the fed and either congress or the white house on that particular point . Its hard to look at the retail sales report today and not see the effectiveness of spending people checks. People who are out of work that were still considering spending and a good bounce back probably a combination of the checks send out. He doesnt see everybody going back just exactly where they were before the crisis thank you very much stocks rallying again today. A Record Number of investors think the market is over valued. A record high 78 of respondents say they think stocks are too expensive. Thats the highest since the survey began in 1998 what do you make of those stats . One thing that ive learned throughout my career is the market doesnt carry if you think its expensive the market if you look at it, its been right so far every one thought in march was just the beginning we see better data that expected that doesnt mean the market could predict what will happen next as most people were saying were in a great depression, the market was back at all time highs. We need the v to continue because the levels are still pretty weak. It does seem that the market has gotten a bit ahead of itself if you look at where we are trading, were currently trading about 24 times, if youre at 122, lets throw that away because the year is so murky that still has us trading on 2021 at over historical average levels, which, if you just think about the myriad risks that are out there, some of the negative news that we have gotten cautious fed conversations and positioning. Beijing closing down 22 states having renewed concerns and Health Issues there are a lot of lagging spaces and long term themes that have not been given as much love we think this is the time to position for both short and long term out performance and mid caps, for example and health care, which youve seen today move on the news and which has had an unparalleled level of not only inflow of capital but resources and intellectual capital that we think will play into long term themes. Taking the market signals as a really important piece of information. What happens if we start to get more of a frenzy do you think were there yet they talked about how cash levels are down by the most since 09. I guess thats a good sign. Usually is when theres most right now the data point you gave us was like 70 something percent as over valued when you have to worry is when every one thinks were in a new paradigm and which valuations dont matter and the digital transformations all that matters. Were not quite there at that part of the story. Thats not what they were saying in 99. Nirp else that you would tell people to go right now i would say going back to this sort of marriage of what is fair valuation, we have an unprecedented level of cash in the market. Everything is telling us we are well into and navigating the process to get to a v shaped recovery that will open up again a number of opportunities to out perform over the long term thank you both. Good to see you. Talking about these markets. Tyler. Coming up, Retail Stocks higher as sales in the month of may have the biggest jump ever that is following the biggest drop ever in april whats behind the resilient consumers . Plus, apple back near all time highs. Citigroup says the stock is headed to 400 a share and why one trader is betting on an bigger apple run more power lunch after this. Can i find an Investment Firm with a truly longterm view thats been through multiple market cycles for over 85 years . With capital group, i can. Talk to your financial professional or consultant for investment risks and information. Yeah yyeah yeah hey, hey can i find an Investment Firm with a truly longterm view thats been through multiple market cycles for over 85 years . With capital group, i can. Talk to your financial professional or consultant for investment risks and information. Welcome back retail in rally mode with the xrt up more than 3 as sales surged 17. 7 retail sales, that is, in the month of may is this a true recovery or is it not to great . May retail sales did grow 18 . The best month over month increases on record for both of those. Consumers drove again. Went to restaurants, bought Sporting Goods and more to entertain themselves at their spruced up inside and outside homes. When you compare this may to last may, it looks a little less like retail spending is all the way back the big number still good. Core retail sales down just 1. 4 from last may. Pretty good. Much of the country was partially closed during the month. Clothing and accessories up a really impressive 118 from may to april but down 63 from last year electronics, Appliance Stores was also a very impressively in may from april, 51 but down 30 when you compare it to what we saw last year. Still, the Market Reaction pretty decisive today. Clothing names are surging nordstrom shares up 15 . Koh kohls up. Gap is up. The parent of dsw designer brands is surging almost 15 tapestry higher by 6 . Up almost 15 . Its among the home names that are soared over the last three months all benefitting from this stay at home and fix it up kind of trend. Kel, back over to you. Another group of stocks rallying could ben fits from a 1 trillion infrastructure package that the president is working on talk about those desicisive market moves. Very decisive moves. You can see they are 5 to 9 on the upside here. Over the last three years it hasnt moved that much and the peaks and valleys have coincidesed with the head lieli. One more thing to take note, this particular etf, the global sfr infrastructure etf, the ticker igf has a lot of global power, energy and yutility name back over to you on this same issue about the infrastructure plan, even pour a little cold water on that this morning and the stocks are still jumping. Its almost like they are looking for an excuse to rally they have been although i would point out they did take a bit more of a disproportionate hit over the past couple of weeks even as we saw the big downturn in the markets last thursday one of the things to keep in mind, we have seen a lot of volatility in the names, if you look at a three year chart youll see we have seen peaks and valleys to about a 5 loss over three years if many of these stocks you could be looking at a situation where like i said, a lot of moves, peaks and valleys here just to the upside and down side many of those coincidesing with news about infrastructure. This particular move here has seen a sharp move to the down side just in the past few months well see if that is played into some of those results about why the stock is still surging even despite the fact that some cold water has been poured on the headlines. Guys thank you very much still ahead, health care, industrials and technology are amoung the market leaders and theres one name in the tech sector that has wall street analyst pounding the table now well tell you what it is plus Tilman Fertitta says he is seeing green chus. Te hell explain what it is and why next on power lunch. Yeah yyeah yeah hey, hey the covid19 pandemic is creating Food Insecurity on a scale not seen in decades. An estimated 54 million americans will struggle with hunger. With 200 food banks and 60,000 meal programs, feeding america is the largest hungerrelief organization in the country. Join Morgan Stanley in supporting feeding america and your local Community Food bank. But a resilient business you cacan be ready for it. Re. A Digital Foundation from vmware helps you redefine whats possible. Now. From the hospital shifting to remote patient care in just 48 hours. To the university moving hundreds of apps quickly to the cloud. Or the City GovernmentGoing Digital to keep Critical Services running. You are creating the future on the fly. And we are helping you do it. Vmware. Realize whats possible. Welcome back citi is the latest firm to raise its price target on apple. A street high of 404 400 we think the number one reason to own apple is the second half of this year will be very exciting. A lot of innovation. Many people were concerned that coronavirus would slow down their innovation and they wouldnt have a 5g product line up we have absolutely confidence they will have 5g lineups in time for christmas and it will be big and a lot of people will want those should you buy, sell or hold apple . I think theres three things that kind of benefit apple and tech in general. One growth has been the new defensive. Strong cash flow amid strong Balance Sheets which means you havent been under pressure because you need external finance and return of capital is safe two, i think youll see a big tech upgrade cycle tech has been whats gotten us through the quarantine i think every one is looking both businesses and individuals is my tech good enough can i upgrade. I think 5g will be technology to people want to upgrade to and three the retail sales number you saw today. Consumers have pents up demand, stockpile savings. All three of those things are wind at the back of a company like apple todd, looking at the stock, citi see it going from 310 to 400. Where do you see it going . We hold apple in all three of our portfolios if we get a little technical here, you look at the three advances since 2013, each has been 130 all by a one third give back. The current advance is only 66 . I hold it and our firm holds it. I also note the wearables like air pod and apple watch continues the grow we like the services with subscription, streaming, tv, gaming, the credit card. We think those will be the drivers of growth going forward. We like it hsbc saying its focus on health will play a role in driving apple farther from here. Thanks for joini ining me to dis apple. Kelly. Thank you very much. Lets check on the markets right now. The dow helped by the retail Sales Numbers showing a bounce back in consumer spending. Were up 552 points. Well ask tilman what he is seeing is the nba season really coming back the players are saying they dont want to play its tilman tuesday on power lunch. Stay with us well see if hes right. [shouting] [clapping and shouting] [cymbals clanging] [knocking] room for seven. And much, much more. The firstever glb. Get 0 apr financing up to 36 months on most models, and 90day firstpayment deferral on any model. A lot goes through your mind. With fidelity wealth management, your dedicated adviser can give you straightforward advice and tailored recommendations. Thats the clarity you get with fidelity wealth management. And tailored recommendations. Thats it. Im calling kohler about their walkin bath. [ sigh ] not gonna happen. My name is ken. How may i help you . Hi, im calling about kohlers walkin bath. Excellent happy to help. Huh . Hold one moment please. [ finger snaps ] hmm. The kohler walkin bath features an extrawide opening and a low stepin at three inches, which is 25 to 60 lower than some leading competitors. The bath fills and drains quickly, while the heated seat soothes your back, neck and shoulders. Kohler is an expert in bathing, so you can count on a deep soaking experience. Are you seeing this . The kohler walkin bath comes with fully adjustable hydrotherapy jets and our exclusive bubblemassage. Everything is installed in as little as a day by a kohlercertified installer. And its made by kohler americas leading plumbing brand. We need this bath. Yes. Yes you do. A kohler walkin bath provides independence with peace of mind. Ask about saving up to 1500 on your installation. Welcome back, everybody. Here is your cnbc news update. Pg e pleading guilty to 84 deaths in a 2018 wildfire in paradise, california becoming one of the fewest companies to be convicted of homicide pg e ceo bill johnson entering guilty pleas on behalf of the company for 84 counts of Involuntary Manslaughter the companys failure to properly maintain its electrical grid was blamed for the fire the former Atlanta Police officer who shot and killed rashard brooks had more than ten disciplinary incidents on his record his previous incidents include one written reprimands for use of force and thats according to records released by the Atlanta Police department. North korea confirming it lieu up a Liasion Office amid rising tensions between the two countries. North korea threatened to destroy the office last week here at home, u. S. Senators introducing Bipartisan Legislation to reform aircraft certification. The proposed bill follows two fatal boeing 737 max crashes that have kept the planes grounded for more than a year. Youre up to date. Thats the news update back to you. Lets check on the markets right now which have been all over the place the dow is up more than 800 at the highs. Up just 48 points at the lows. Wee have climbed back to a 620 point gain 2. 3 for the s p just under 2 for the nasdaq the russell 2000 is up a little more than 3 today the oil market is closing up lets go back to dom crude oil futures are generally higher today they are off the best levels of the day but you still have u. S. Benchmark west texas intermediate or wti prices up 38. Brent crude, 40. 82. Prices are being helped in part by news out of the International Energy agency. It also did say Global Oil Supplies fell by 12 Million Barrels per day. Tyler, supply, demand, higher prices are near the highs of the day. Back over to you our next guest ti lirlman s hes not expecting business and the economy to just roar back to normal in that sense hes rather like chairman powell. Not in the v shape recovery group. Welcome back the notes say youre seeing a pick up in traffic at your restaurants and yet at restaurants youre still down 60 year over year thats consistent with what Courtney Reagan was reporting a few months ago about those retail Sales Numbers were improving drastically in which ill show yall what i think of the v coming back this is my lazy v right here this is where we were and this is where we are now. Theres great retail sales now look how far we have come. The problem is we got to get all the way to here which i think is at the end of 21. Its going to take the middle of 21 youre talk about two years from now is how long it will take not a true v i would say here, guys lets look at your casino business this sounds like a tail of thlee cities las vegas coming back some but maybe not as robustly as one might hope youre exactly right. Its definitely a tale of three stories. Our regional casinos are going great. Its a different customer. Theres a lot of stimulus out there. You have to give our administration for putting all this money into the marketplace and thats tremendously helping the regional casinos i told yall a week ago it was a bunch of bs what everybody said was happening in vegas and today or yesterday, they finally came out and said it. Vegas will be a slow road back i can tell you, in squjust the first two week, its already starting to trek up. Whats interesting is our reservations that are coming in arent coming in for today and tomorrow they are coming in for two weeks from now, three weeks from now, four weeks from now. Vegas will be fine its just going to take a long time because theres so many rooms and you need so many flights to get back to coming into vegas again atlantic city, i dont know what were doing. We have a three month season in atlantic season. June, july, august and september, really. Part of september before the kids go back to school i dont know what they want to do maybe they want to put us out of business obviously, the governor and whoever else is making the decisions really doesnt care about us they are showing up they wont even give us a bait whdate whene might open no plans at all its crickets from the state nothing are you having to discount to attract customers. Whats the average rack rate if i were to make a reservation for two weeks from now u did not look at it today or yesterday. I think youll start seeing it its getting stronger every single week. I think for the next 12 months, 18 months, 24 months, youll keep seeing it go up you have to remember this, after the 20082009 financial crisis, it took us basically eight years to nine years to get back normal in las vegas i dont think that will happen this time because we have a more robust economy, but i think its still going to take a couple of years to get back to where we were let me take you into this political thicket when you said a lot of the people at the regional casinos werethere you posit because they have stimulus money in their pockets. Are you of a niends those supplements ought to be continued for a little while longer past july 31st . Youre getting these in retail sales and Grocery Stores is because of the 600 check then you have the other group of people that truly want to get back to work and say, i dont care about the 600 check. I want to go back to work because i can even make more money. You got to remember, we still have 25 million to 30 Million People unemployed. If we dont continue to 600 a week, youre going to see it all where these casinos and restaurants are going like this. Youll see them taper off quicker than you would think for me, even though it could cost me some employees i want back, lets keep the economy going. This administration has made a lot of good calls. Lets do it for another 90 days. You brought a lot of people back on. If you finding it, those Unemployment Benefits an impediment to getting people to dock back or most of them eager to come back thoes people were losing their minds. Remember, dont forget about the 25 Million People out of work. If a few people get caught in the web and its a good deal for them because they are coming back to work and giving it up, its okay. Lets keep the stimulus going with the other 25 to 30 Million People to keep spending the money. Lets talk about reality and how you are navigating the relationship between your businesses and property owners, landlords. Take me through that whats it been like . Remember this, how can you have a business that the government said it was a crime to open. If i went and open my business it was a crime but you telling me i have to pay its a lease its not a promissory note the government in the landlord did a temporary imminent domain on you all leases, most of them, have a provision. Either a casualty provision or equitiable abatement provision these landlords need to work with their tenants if these landlords dont get some religion, theyll lose 20 to 30 of their tenants. Then what are they going to do im getting to the point where you want to location back, take it back and then ill fight with you. Im sick of so many of them not being reasonable a third of the people are being reasonable out there and a lot of them are your Small Business owners who have tentenants, anoe third o Bigger Companies but the worst are the public reits they need to pull their heads out of the toilet and decide were going to work with you and lets sit down and Work Together if not, we all need to keep battling all of you retail and restaurant people out there, dont throw in the towel. Keep punching. Tilman youll be leading the charge we have thaeheard that from a nr of other people and we heard from the landlord who is are trying to hold the line. I wonder if that goes back to something were mentioning last time if there were ppp funds left, thats something you would look at for as a source of cash did you get any blow back about that or do you think its something that other companies consider or you would consider doing . I told you the 130 billion is there and the money is to save companies. For some reason, if youre a Public Company who really doesnt, theyre only other way is to sell equity. Then you have private Companies Like me but because im a texas billionaire, how can you take money from the government. Yet its all right for the law firms, the small Investment Banking firm, all the Construction Companies because theyre not high profile people like myself or a Public Company, theyre kind of sneaking through and getting the money. It hasnt been equitiable at tall who has gotten the ppp money. Thats something i would love for the administration to fix. You have two houses. The democratic and the republican senate. Theyre having a hard time with the democrats saying lets do something for the Bigger Companies. My employees are just as important as anybody elses. Would you qualify for the main Treat Program that is fundamentally starting to get up and running . Were looking at it its got you got to fit in a certain box and were looking at to see if we fit in the box. But at the same time, our employees are coming back. Were open for business. Were run our business very tight. The good operators will survive. Its really just the landlords just recognize that work with us and well all have a merry, Merry Christmas in two years even this year, lets just all Work Together and make this happen lets switch the subject to basketball i know kelly will want to jump in here because shes my favorite basketball fan. Knows a lot about it its true. Over the weekend, there was some rumblings there were players who were not exactly thrilled with the idea of living in a bubble in orlando on disney property for however many weeks or months it might be. Are you still confident that the league will be able to proceed with Training Camps and then with games starting at the end of next month . I truly do. What ive seen happen in the last 7 to 10 days and this just my opinion and right noi today it seems like more of opinion tuesday than to the best of my recollection lman tuesday. Ive got a lot of opinions today. We love it. The country has got to recognize that people are getting covid. Two weeks ago, three weeks ago, i did not know anybody that had covid. I know 25 people that have it today. None of them are sick. Theyre all under 30 none of them will be need to be hospitalized if we dont recognize that if were going to play basketball, baseball and football and players are going to get it and we dont panic, okay, everything will be fine if we fannpanic because a few players have to be sent home then were not going to finish the football, basketball or baseball season. Everybody has to decide are we going to accept covid as part of our society or not going to accept covid i think people that have a chance to get it and have preconditions need to be really, really careful im seeing the young people that kind of go right through them opinion i dont know whe i dont know where i fit in that group but im still careful out there. Sports will not complete their seasons if we dont recognize that covid is part of our society through 2020 tilman thats not interesting. I thought you were going to say i know a bunch of people who have coronavirus and we need to be more cautious youre saying you know young people have coronavirus and it doesnt affect them. Youre saying the nba should start the season in the bubble and if people get coronavirus, do you think they should just keep playing would you not want them kind of pulled off the court and i wonder too about, we think so much about the school this fall. It will be a nightmare you wonder if it would be better to say kids will get coronavirus but they will be okay. Were all afraid of that, right . Thats not exactly what i said if you get coronavirus you need to go hide for 14 days until you test positive. You cant take one player of one team and say, ive got to shut down the whole team. I cant take one or two employees that at a restaurant or more Corporate Office and say im going to shut down the Corporate Office you have to take the person theyre starting to say you have to be around somebody for like 15 minutes for them to really get it from you. What im saying is you have to take that small group, put them away but you have to keep going on with your life and your business if you dont, were going to shut it down again and then youll really have an economic fall because nobody is even in the condition that they were in before this. What im saying is, the people i know that are young that have it, theyre a little sick. None of them will be hospitalized they need to stay away until they are better. We have to lever ave it there interesting perspective on a whole range of topics. Great to see you thanks. Appreciate it. The market rally is in full effect right now the dow is up about 550 points the nasdaq is higher by 2 up next, well look at some of the individual stocks that are a making big movesod tay stay with us on power lunch. Can i find an Investment Firm with a truly longterm view thats been through multiple market cycles for over 85 years . With capital group, i can. Talk to your financial professional or consultant for investment risks and information. Talthat Liberty Mutual customizes your insurance,ant i just love hitting the open road and telling people so you only pay for what you need [squawks] only pay for what you need. Liberty. Liberty. Liberty. Liberty. Welcome back lets get to todays power movers eli lilly is on for the biggest gain in years. Ww formerly known as Weight Watchers reporting a 7 increase in subscribers over last year. Seeing a pickup in subscribers since mid april. There it is up 18 today and stop me if you heard this before Chesapeake Energy is reportedly on the brink of bankruptcy preparing to file this week. We hear this a lot though. The shares have down 18 today thank you very much cnbc unveiling our disruptor 50 list it is a diverse list in a number of ways. It leaves room for who leaves the up and coming companies. Not a single one of this years disruptors is run by a africanamerican or black ceo. Julia joins us now with more thats right. Tyler. Now diversity is a key criteria. There are still no black ceos and only six female ceos included in this years list which reflects the lack of funding to companies with diverse leaders. Now less than 1 of Venture Capital fund goes to black ceos. And only about 3 goes to female ceos now that is despite the findings that diverse leadership yields Higher Results according to a Venture Capital study, they were 30e higher returns on ipos and acquisitions than all white starting founding teams. Those that have diverse executive teams yield 65 higher returns. One explanation for the lack of funding to diverse founders is the lack of diversity among Venture Capital investors. 65 of bc firms dont have a single female investor and about 80 dont have a single black investor now taking steps to close these gaps, the gnashnational Venture Capitalists have funded others a lot of work to be done here. Thank you very much, julia. Will. Kelly take a look at the s p 500 sectors. All 11 are moving higher right now. You can see right there in the middle one we dont always talk about until tillman really railed about them. The reits, but the mall rechlt its in particular are having a nice day on reopening hopes. Up next, another group of stocks that need the reopening to go well, the theme parks. Well talk to an analyst that says buy them right now. Will well be right back can i find an Investment Firm with a truly longterm view thats been through multiple market cycles for over 85 years . With capital group, i can. Talk to your financial professional or consultant for investment risks and information. Woi felt completely helpless. Hed professioonline. Consultant my entire career and business were in jeopardy. I called reputation defender. Vo take control of your online reputation. Get your free reputation report card at reputationdefender. Com. Find out your online reputation today and let the experts help you repair it. Woman they were able to restore my good name. Vo visit reputationdefender. Com or call 18778668555. Yeah yyeah yeah hey, hey because when you want to create an entirely new feeling, the difference between excellence and mastery is all the difference in the world. The lexus es. A product of mastery. Experience amazing at your lexus dealer. Welcome back its been a roller coaster ride for the theme parks. Regional theme parks keep going higher take a look at shares of sea world and cedar fair, up 116 from the march lows. Six flags up 175 . My next guest says there is more room to run. He just upgraded cedar fair tow buy. Lets welcome inure o. You are senior entertainment and outdoor analyst. Eric, you know, some would say youre catching up to the Stock Performance here well, we want to get a better sense of when the economy is locally and statewide start to reopen and more importantly that the theme parks could open efficiently under the new regulations and do so in a manner that isnt entirely detrimental to the experience and what consumers are looking for. Officialously, the stocks got absolutely clobbered where are we in terms of the current valuation . What do the price targets imply . Were below where we were at the peak this year is a loss year given that most parts are starting to reopen right now as you look towards 21 and 22, there is a very good chance the parts can get baparks can get b normal attendance levels the theme parks play well into that 80 to 90 of the ascendance comes within a few hour drive of the parks and avoid hopping on a plane and staying in a hotel the membership programs give people a reason to come back to the park now and build loyalty going forward. As attendance builds next year and 22, the stocks get back to levels they were at before if not higher given the view that parks can be run more efficiently coming out of this than they were going into the pandemic. Which ones do you think people will be first and most likely to go back to i think cedar fair has an advantage. Theyre locally based and not dependent on the major states and a lot more less of the tourist market and california is a market that we still have a lot of visibility to win that and reopen cedar fair is one parkthere. I have to maeimagine that is big risk for the parks for quite some time. Yeah, were watching out for the risk of a second wave. I think the regional parks have an advantage most of the companies have very few parks that are open year round. So if we get into the fall or winter when the parks are usually closed, there is a second wave, you really wouldnt miss out on much you have a winter fest or a halloween haunt. We want to live this schedule and their closed i think they have a chance to hunker down and wait until the 2021 season opens next spring. The second wave impact is significantly less severe than the first. Finally, what do you think is priced in. Is that a binary, you know, good vaccine comes out and, you know, everything is off to the races do you think investors are pricing in that likelihood somewhere down the road. I think somewhere down the road i think right now, you know, the parks have taken it very carefully. Youre limiting attendance to 25 . That probably gets raised 50 higher they loosen he the restrictions, its more beneficial to the parks. I think people are taking a cautious approach at these levels like raising the price target, as you said, on six flags to 31 from 27. And raising the others to a buy. Thank you for joining us well, we have about a minute until we hand it over to the closing bell, kelly. Obviously, the dow has come back earlier in our hour, one of your guests at the top said that the year end target for the s p 500 was Something Like 2950. Were now at 3127. That would suggest some bumps between now and year end it is very interesting how tillman but put the landlords on notice youre going to cut off your nose despite your face we have examples of that in my town landlords tried to muscle Restaurant Owners and they just said okay, take the keys were gone right well see if there is any movement in atlantic city. Go back and watch it, everyone thanks for watching power lunch. Closing bell starts right now. Kelly, thank you. Welcome to closing bell. Im sara eisen stocks surging on this tuesday the dow back up over 500 points. Helped by a bevy of bullish news lets look at what is dragging the action now a historic jump in retail sales as the economic pain of the shutdown appears to have bottomed for now jay powell did give investors one reason to be a bit more cautious positive data from a stud why in a coronavirus treatment. It is being called a major