Bide 253 Electoral College votes, trump 214 biden needs 1 out of those gray states that you see there, which still have not reported their results yet. Were expecting new numbers from nevada any minute now. Were going to watch for that. Look at the state of play in arizona as we move around the country. You see its biden in the lead 50. 5 to 48. 1, a difference of just over 68,000 votes ive talked to some trump people they are optimistic that the tail end of the count is going to be protrump because they are votes dropped off in person. You see the margin in nevada 49. 3, trump 48. 7 86 of the vote in there thats where were expecting some new numbers today the biden margin there is narrow but we dont know exactly what vote is coming in and from where in the state and which counties its coming in were going to have to watch for that one pennsylvania, theres been counting in fits and starts and who is allowed to be in which polling play counting house to see the actual results being counted. Nonetheless trump leading there 50. 3 to biden 48. 5, a difference of over 116,000 votes. The big question with pennsylvania is is this the red shift we were expecting and now were seeing the blue shift kick in as the latecounted mailin ballots that are expected to skew biden are being counted, with that state shift blue in the hours and possibly danin the days to come its the big kahouna if biden gets them, he wins the election the president tweeted earlier today stop the count it seems to be about stopping all legal counts the president didnt mention in his tweet they dont want votes counted that came in after election day that were not legally cast under the rules in the state at which that vote was made at the time it was made theyre providing some nuance and explanation to the president s tweet. Arizona they say is getting closer and closer, theyre leading in georgia and North Carolina and they say philadelphia is a corrupt place thats known for shenanigans so theyre concerned about what might happen in my hometown of philadelphia we shall see. Our Investment Committee, as i said, with me today, josh brown, john najarian, kevin oleary, mr. Wonderful, its good to see everybody. The s p on pace for its second best election week performance since 1928 what do you make of this move weve been seeing in the market, josh its been unbelievable you know, i just think and ive been saying this all year and i think this has born that out that concept that investors were less concerned about who won. They are more concerned that the election would actually take police and would at least on the surface look like its running smoothly and that there would be a resolution i really think that were watching an exhale a lot of money went into treasury bond etfs this summer in preparation to get a little bit more risk off and now some of the things that we were most afraid of about a chaotic election did not materialize i know we still dont know the winner, but people still feel pretty confident that were going to get a winner and that i think is a change to consensus so people are coming back in were still in zero percentage for as far as the eye can see and i think the dollar falling here adds another interesting dimension. Look at xlb. Looks like a rocket ship look at the industrials and loo at some of the areas that got hit hardest last week having some of the bid recoveries one last thing i would mention, we typically do go up after elections. So people shouldnt look at this as its an aberration. I know a 600point dow rally following a 500point dow rally, percentage wise this is fairly standard the s p this week obviously counting the day before the election is now up 7. 5 , jenny and the word that i get from the big investors that i talk to is the following that they think we could be on the cusp of a great scenario for stocks, a biden presidency, a Republican Senate, no massive spending to make bond yields go crazy, no major tax hikes, a ton of liquidity, a vaccine coming and, as they say or it was told to me in their words, no more of the chaos. Its gridlock, you know. Thats the sort of theme but thats the view of the big money and that seems to be where the market is reacting to as well. I think thats spot on. And i dont think im the big money and i dont think my clients represent the big money and thats exactly where i am also im going to call you smart mon money. Thats so nice of you, thanks thank you. But i think thats exactly where we are here also and just to give a visual on it, i like to think of this lower rates for longer as really a foundation thats being built and developed that will underlie and underpin the strength of the equity market for the foreseeable future one caveat thats important to think about as this builds is price to earnings. And we know theres been a lot of bifurcation in the market in year so i think what well see is a broadening of strength and well see some of the companies that have had really low multiples start to build up and start to strengthen. I think that can keep a lid on the multiple of the s p completely running away as like the really high flyers start to weaken maybe not even weaken. Soften and the Smaller Companies start to strengthen and that whole positive setup. Kevin, do you see it that way, biden presidency, offset by a Republican Senate, youre going to get a spending stimulus plan, maybe not as large as you would have before, no Major Corporate hikes, you get rid of some of the chaotic policy, tweeting making, whatever. Thats how it was related to me from the people i speak to what i like about a biden win now with what i know after the election is we dont get biden, we get biden light that means no dramatic tax increases, nothing happens in the regulatory environment, no green deal, nothing that could hurt me in my energy stocks, no change in the state and federal regulations on fracking. Its just a slight change in course without any drama and tragedy in terms of massive changes. So he doesnt get to bring with him a leftwing agenda at all because i think it was a wakeup call for the party to realize how thinly they actually pulled this off, if they do pull it off and i think thats fantastic for equities because if you like less chaos, youre going to get it, and youre also going to get nothing in terms of policy no policy changes at all, with the one exception im not happy about is i feel biden will not be as tough on china as i was liking the policy to be. Im a guy thats been doing business in china for almost 25 years now and i was really loving the screws turned turned on them. The other side of this, too, and eamon javers made this point on twitter suggesting that the scenario in which i laid out a President Biden would have to have a much more moderate, say, slate of nominees in terms of cabinet positions than would have otherwise been the case had there been a blue wave, that that may as well be viewed as positive for stocks. John najarian, lets not forget and its been pointed out on twitter today, too, and its a good point to make as we think about the make up of the senate, we may not know about full control of the senate until january because could you have two runoffs in the state of georgia that could be the determining factor on who has that position within the senate. So lets not put the cart before the horse. I know some people are probably saying, well, you guys are doing that a bit with the presidency the way youre speaking about it, but thats the Electoral College lead right now is with the Vice President so thats why were doing that but certainly a lot of things could happen between now and january the 20th yeah. But i think, scott, youre also looking at the folks if indeed they are two runoffs in georgia and they went a different way than right now we think they might go, those are still very conservative southern democrats. So i dont think youre looking a the all at the sort of liberal policies that both josh and jenny and kevin said that we feared because i think those would be things that the market would view as negative and i think that the likelihood is were not going to see big tax increases, regulation increases. We are likely to see that much smaller fiscal package, which keep in mind for all of the viewers which was much less than even a trillion dollars on the offer and i wish they would have taken it in august and maybe that goes through. If you dont have trump to push on a larger package than that, i this i thats the best you can hope for, somewhere between the 600 billion and 1 trillion. The food news about that, not about the support that the people that needed it wont get until much later is at least theyll likely get it before that march time frame that we talked about that would have been during the lame duck. So i think thats a positive i think overall the markets doing pretty much exactly what tom lee and a number of us talked about that a purple congress, thats a great result given where we are right now with, you know, two candidates running vying for the presidency i think a purple Congress Much better outcome for the markets than a straight blue wave would have been. A to your point purple congress, so to speak, doc, with a democratic president has traditionally and historically been very good for investors, the s p up about 34 or so when that is the dynamic, a democratic president , with a Republican Senate. Exactly right, scott. And echoing everybodys points, i think this just takes the level of risks down substantially and i think thats why youre seeing money flowing back in. Look at the mega caps. Everybody thought they were basically being thrown out with the bath water were seeing that huge rotation. And even though weve got a nice 2. 6 rally out of the iwms, the russ else today, were still seeing the mega caps up 10 . John, im going to interrupt you. I got to go back to eamon javers nevada updating its number. The biden lead now widening in the state of nevada. The lead there just over 12,000 votes, biden 49. 5, trump 48. 5. Bidens lead was exactly 7,647 votes before this data dump, which just happened moments ago. Now that lead over 12,000 votes. Theyre saying 87 of the vote in so this was a relatively small dump of data, but the biden lead there continuing to widen. We believe that biden gained a total of 9,000 if you do the math, 9,000 votes in this new batch that just came in. Remember, six Electoral College votes at stake in the state of nevada where does that put joe biden . If that lead were to ten contine and he were able to capture the state of nevada, that alone would not be enough to win the presidency nevada plus arizona would do it. Arizonas got 11, nevadas got 6 and biden needs 17 to get to 270. Biden inching forward here but its not done yet in the state of nevada. A bit more of a cushion in nevada the Biden Campaign had been looking at clark county, eamon, which includes las vegas, as they were hoping there was going to be a much higher percentage of ballots for the Vice President coming in from that particular area. Do we know when were going to get another update from the folks there . We dont. I dont have any data here yet on the schedule. Theyve been a little close to the spres vest in terms of wheny were going to release this data from the past 24 hours or so that data is very union heavy. A lot of culinary workers in the casinoses there. Thats expected to be a strong point for joe biden here they have a none of the candidates choice you can vote for. You can actually go to the polls and vote for nobody if you want to threw see that on the gray 10,717 people did that, actually either mailed it in or went to the polls and did that thats your right as an american in the state of nevada everybody everybody else picking biden or trump eamon, thank you. We may come back to you. Our Investment Committee making a lot of moves today. As we discuss sort of this view of the market having a pretty good runway under the scenario in which i laid out, the next obvious question becomes, well, where . Which particular sectors are going to potentially do the best under the scenario in which i laid out basically the gridlock scenario health care is viewed as one, kevin oleary, which is now by the way your biggest position. Tell us about that yeah, scott, i got a years worth of return in two trading sessions you know, the big names, the pfizers, the mercks, the j j, et cetera have put that sector for me in terms of our holdings at 22 ahead of tech now extraordinary returns with the overall tone being that these companies are not going to be regulated out of existence under a new biden light scenario and if trump gets back in, weve still got to deal with the pandemic and theyre going to be in the lime light and bring therapeutics and vaccines back but it tells you that the repatriation of market capitalization away from our geographies where therapeutics were made and other drugs were made are all coming back to puerto rico, stateside, canada, mexico, this is going to be a trend that lasts for years its a fran tasfantastic sector wonderful cash flow and a release of any abuse on them this is a fantastic place to be. One other thing to talk about here, this gives you a reason why you cannot time sectorial rotations. If you like health care, you got to be in it for those two trading days where you get one rate of return for 48 hours. Otherwise you never enjoy the benefit. Sometimes you get lucky look, the market has pivoted so quickly from the idea of a blue wave to the scenario that i laid out, gridlock biden presidency, Republican Senate and the other features that would factor in to all of that. Thats been remarkable in and of itself, jenny, is the ability of the market to pivot in such a powerful and quick fashion for sure. Ive been stunned by it. Last week was so vicious in moves on both sides, it was just incredible i like the point that kevin made, that you need to be in something for the two days when its actually rewardedone of the things as everyone knows im invested in is energy. Its not booming but its holding its own. Whats happened in the last couple of days has been surprising to me with the split Congress Expectation and the biden presidency but the new green deal came off the table and you saw energy doing really well yesterday. Doing really well today. So pivots like that can happen at the big sector level and at the individual Company Level we have two regional banks that were down yesterday as the thought of Interest Rates not going up yesterday and then i have student loan processors and that was up with the expectations that Interest Rates would be lower and, man, its fast and vicious in this market kevin, i should have buttoned up something with you, health care being your largest position, you add oed to pfizera well yes im feeling very bullish about anything with a strong balance sheet. We have taken the covid count off the news agenda for this cycle but trying to determine which president is go to win but its in the background and its ravishing right now weve got huge increases here in boston where i am, we just put a curfew on at 10 00. I cannot run a second shift in a commerce bakery, i have to shut down my restaurant at 9 00 it allow the employees to get home by 10. This is going to have an impact on the economy, which is why its important we Start Talking about co vivid and since a president is picked i like pfizer and Health Care Going into the volatility. Until we have a vaccine distributed, were going to have vol on covid for sure. Which brings me to my next question, josh, as we take the headline of this potential scenario being good for stocks and the reason why the market is reacting over the past couple of days the way it is and the question of which stocks is it particularly going to be good for, you cant figure at least under this way of that value stocks are so good smaller stimulus you dont get a rush higher would you buy value stocks under this way of thinking about the market well, generally speaking like some areas of value today are going to become tomorrows growth and health care is a good example of that. These were stocks many of Largest Health care publicly traded companies had been trading at the press multiples just like other value stocks, but they actually have a good secular growth story to kevins point. I think that whole exercise is not worth spending a lot of time on i want to go back to something that the big money is saying can i be honest with you if trump had clearly won and the stock market was up 500 point, they would just like swap out the names. This is what wall street does really well. It looks at market activity and then it tells you why its actually good and they tell you the story after it already happens. So i really dont think that we need to worry about is a split congress and a democratic president. Good for the market. Because were and we know that the fed is going to be more important and of course what was with the virus can you make the case that biden will be better for getting vieus under control, which is obvious to anyone who lives on earth but maybe thats part of this. If i ask you who is the best, most probusiness president in history, youll tale me Ronald Reagan the stock market went down the day after reagan was elected and three months later it was down. And really a year later was so markets and market reactions dont line up perfectly with a president s agenda of course not people need to kind of grow out of that a little bit but i think can you make a smart and credible case that if a blue wave had come about on tuesday night, bond yields would not be sitting where they are today because that evening before the results really started to come in, the tenyear was as high as 94 basis points at least the near term dynamic of Interest Rates, which would directly perhaps impact certain stocks for sure, that dynamic may be off the table and i think thats at least what some of the big smart money is talking about and frankly, thats the way the market seems to it be reacting it and i also this theres an. I guess im making the point we reacting to the election today and maybe more tomorrow and maybe into sext week as the certifications by state start to happen but whats really going to drive your portfolio is what youre invested in, not necessarily like the political backdrop and i go back to look at the stocks that just are working no matter what. Forget about what just worked in the last day, last two days. You see jpmorgan and all the banks up today you know thats not going to last meanwhile, mastercard, paypal, anything to do with contactless payments, you already know for a fact that these companies will continue to Grow Market Share and grow that total Addressable Market no matter what biden does you already know this. These are the stocks, Home Builders are up 11 in four days they were already going up it doesnt matter who got elected. So these are the things that i really think people want to look at so i think cyber security, contactless payment, work from anywhere these are the stories that you want to stay focused on. The election will come and go. You bought paypal you mentioned it just now but you actually bought it yeah, i bought it i stole it i stole it i bought it yesterday at like 182 or 183 or something. Paypals going higher. This is going to be before this era is over one of the Top Three Financial Services companies in america by market cap and its actually in the wrong category they think its a software company. But its already bigger than goldman sachs. 200 million market cap, doing transactions all day every day, whether its ecommerce or venmo, peer to peer. They launch any service they want at this point they have a Massive Subscriber base, audience, whatever you want to call it. Paypal is exactly the kind of stock that works no matter what congress does, no matter what biden does in terms of stimulus or whatever. So like these are the types of things that i think people should be focused on, not like what stocks just had a kneejerk re, a to reaction to an election. You bought more alibaba, my facebook, more pfizer, kevin talk to us you got a gift. Had you a chance to trade this, you got the discount on baba, which is a good gift and talking about financial services, that thing is going to be a behemoth. It will dwarf goldman sachs. Owning regional banks, that is old school and theres no growth there and youre regulated into oblivion when you get an ant, when it starts trading, i want to own that i want to own square i own paypal that is the future a lot of this is based on consumer demand, the microloans, i know theres an issue on ant with that but say the coverage has to got from 10 to 1 if i own baba, i get a big chunk of that in a spinout its my number one consumer stock. People call it a tech stock. Whatever you want to call it, its growing like a weed, faster than amazon. These are the names of the next generation of america 2. 0, even if theyre not domestic stocks facebook, geo locked tiezing is my number one spend in q4 and q1. I bet you they have blowaway numbers. But theyre my number one spend in my small cap companies. The iri is so high on those ads. Nothing else touches is. This kind of goes back to the conversation that josh and i were having about the Election Outcomes and what really matters in terms of certain sectors. Now, josh, in all fairness did mention obviously it can be very sector specific and, kevin, that brings me back to you because youve had to rethink one of your trades in the energy space. Remember, the last time you were on, you said you were short chevron and schlumberger youve now covered it and part if not your entire thesis on that was blue wave biden and change that he wants to make in his oil and energy policy. Well, scott, youre right because even you and i were debating what it meant i was going to go long the morning after the second debate until i heard biden specifically say he wanted to transition out of the entire Hydrocarbon Infrastructure to me that was a chance to do a trade. I just went to the most liquid stocks i could short, chevron and schlumberger as soon as we hit election day, dont kick a gift horse in the mouth, take the profits. Im lucky i did. I did not go long. I was too nervous. The election was freaking me out like everybody else. I didnt know what was going on so i missed that opportunity because those stocks are actually up nicely but theres other places to make money. Health care and tech thats what i deployed it in but it was a short trade, you were right, and it was based on the leelection and none of that will happen now. Biden light will not mess with hydrocarbons things that looked nibble on a tuesday look like they wont be on a thursday joe najarian, its a reit yes, it has lagged as the company has rebounded the stock side less risk in the preferred and a great yield. So, yes, i am in this one, scott. I also added to qualcomm thats really my exposure to 5g. Kwa qualcomm blew out the numbers, 600 million better than expectation, scott, on their revenue side and profit dropped to the bottom line as well big up side call buying, extending this move, theyre betting that it extends because theyre buying up side calls still, scott got to love that dont talk too loud about qualcomm around jenny. Thats just between the two of us now its a great day for qualcomm. Sshhh, we dont want jenny to hear it because she sold it. She sold it. I did but it was good Portfolio Management its okay. Kevin just said dont kick the gift horse in the mouth, take the profit i had 140 profit. All my work said the preeice target should be between 130 and 140 and i sold it and im miserable today. I knew had you the 140 profit in qualcomm, jenny, so i was just can iing around with you. And the point is youre feeling i think you brought it up as nicely as possible youre feeling pretty good because you are outperforming the market today whereas yesterday was a bad day for breadth within the market, todays a good one right and if we look at the market since it peaked on september 2nd, its a good period for breadth. Its not really just today today is an extension of what weve been seeing over the last two months you can all tease me because i dont own apple and am sfwlazond facebook but its neat to be able to outperform without owning those its good reminder there is a much broader opportunity set out there to make money out of without owning just the really big ones we talk about all the tile. Our special guest today is mobile director of Global Wealth management at ubs. Welcome back nice to see you. Hi, scott thank you for having me again. Its great having you give us your market view, if you will, please, based on what we know now about a still undecided election well, currently theres been a strong trend going into secular stocks so we are, you know, we are still cautious at this point because, you know, we feel like a lot of the talk has been and the election and thats certainly been whats the main focus here but covid is still not over once this election has been decided, all the eyes are going to be back on the rising covid cases. So we still like to maintain a balanced portfolio we like tech, we like the large growth tech areas, but we want to focus more on, you know, just going into next year and looking at whats going to happen in middle of next year when theres a vaccine and when there is more of a normalizing markets when we go into, you know, more stocks thats going to benefit from just going into a normal market. Do you have a different view now than you may have on monday about value versus growth in a scenario in which vice President Biden becomes president but you do hold the Republican Senate . You know, we have actually felt this election and how its going right now, its been predeckpr predicted its going to be going this way our view is to continue to stay balanced you know, its great that growth has been getting a lot of attention and the rotation is going into growth but we like to continue to stay balanced. You love health care and theres good reason to the sectors at an alltime high today and we were just having a conversation about the outlook now under a President Biden. Right, yes. We like health care. Everything has gone towards growth this year right now with the exception of, you know, with the exception of health care is doing great lastly if everything was to remain the same, President Donald Trump was reelected, Republican Senate remained in place, dems are obviously keeping the house, would that impact the way you think about the next, you know, i dont know, year we, you know, like i said, we are still very constructive on stocks you know, looking at going into next year, we like to keep investors invested and we wanted to diversify and rebalance excessive mega cap stocks, if we can. And thats really going to depend on the progress of, you know, whats been decided with this election and also the progress with covid cases. And the development of a vaccine. So i think a lot of that is still kind of in the air so staying balanced is our key right now. Forbes number one next gen wealth adviser for 2020, barons top 100 women Financial Advisers in 2020, top 40 advisers under 40 for 2020. Thank you. Thank you well see you again soon. Gm soaring on its earnings. Josh just told you about that. Well trade it along with uber and row cue and square theyre all up and you can always watch and listen to us live on the go. The half is back after this. Less get now to sue herera hi, sue. Thank you very much heres whats happening at this hour, everyone maines governor janet mills is now mandating face coverings be worn in public by everyone over the age of 5 maines infection rate remains far below that of many other states, but today it reported 183 new cases and that is the highest daily count since the beginning of the pandemic. Voters overwhelmingly improve Police Reform measures in at least five states on election day. Measures to create or strengthen Police Oversight boards passed in nearly a dozen cities or counties italy reporting a new daily record for covid19 infections with over 34,000 confirmed cases. Officials reporting 445 coronavirus deaths, making italy the sixth nation to confirm more than 40,000 covid19 deaths. And tennis superstar rafael nadal has notched his 1,000th win. Youre looking at him winning the french open last month in paris. Nadal is only the fourth man to hit that milestone but when asked about the achievement, nadal said, in part, it means im old okay, hes 34. But maybe by tennis standards. I dont know but congratulations to him. You know, borg retired in his 20s thinking he was getting a little up there. It may be ancient by tennis standards. But not by any other. You got it. Thank you. Farmer jim deserves props for his repeated backing of General Motors no, he doesnt. This is the difference between me and jim hes in the stocks on fundamentals hes owned it since i was bas mitzvahed and i came in on technicals like 25 minutes ago this is one of those stocks thats been trading in the same 5 trading range since it became public its done nothing. Now all of a sudden its about to break out give the credit to the technicians. This was on every technical analysts screen you could think of eve everyone that we have on our air, this is a clear and present threat to break out to the up side above 40 its already started to move its not overbought on rsi you can do the valuation thing if you want but its been the same valuation frenorever they havent stated dividend yet. We are entering the age of the autonomous and electric vehicle and gm is a big time player in both its not tesla but huge potential for a rerating if they were to spin off autonomous and electric, that could be a 100 million company. Cruise is the first to get approval to go into a major city and do robo taxes. The electric hummer sold out its first year of production run this is the perfect combination of a cheap stock on fundamentals thats starting to make a move higher. So the praise i giveth, you take it away no, no. Yeah poor jim. We could all agree gm is cheap. Its been the same for ten years. When is it going to break out . I think its going to happen now. He could have thrown up his hands and gotten out of it but he did stay with it. I love jimmy. This isnt personal. You have been saying it was technically ready for a breakout hes not here to defend himself. So well wait until the next time youre ready to defend yourself uber tell me about the calls and then ill go back to josh sure. We were in it for cal22 and got the monumental pop when they and lyft had spent 200 million on that vote, got it in californi so that these are not employees, they are contractors, which i think most people thinking thought they were contractors, not employees. But anyway, id still like it into the earnings next week, scott. If we see soft shut downs, i think you hang on to this one. Im still in it and adding to it today. Josh, whats your outlook postelection day, postballot initiati initiative give me a oneyear chart. Let me teach you guys something. This is very important on february 19th all right. Vinny, give me a chart were getting it. Im on a delay. On february 19th, this stock was on the verge of a major breakout, breaking above 40 a share, had been the ipo price, had a really tough first go of it but it was finally starting to break out a lot of positive news flow. Believe it or not, people were saying they should spen off the food Delivery Business and then a week later everyone got covid, we go into this pandemic and the only thing uber has to talk about thats working is food delivery so a lot changed but now were approaching that level. 4166 right now above 42 i dont think there are sellers. If you were going to sell the stock, you had a million reasons to sell it between february 19th and now. So watch that level. That will be key im hoping the earnings are the catalyst that get us over it who knows but very good week so far. Thanks for the lesson, we appreciate it, the reformed broker johns following the action in the Options Market s p is good for 62 1 3, thats just fishy 5 back in two minutes. At calvert, we know responsible investing is hard. If youre concerned about the environment and climate change, how do you find companies that are driving the right outcomes . If you care about economic equality and social justice, which firms are addressing it in their workplaces and their communities . For nearly 40 years, calvert has delivered competitive returns by investing in Companies Making a difference because we see value in doing good. Talk to your Financial Advisor about investing responsibly with calvert. Talk to your Financial Advisor about investing responsibly music anncr give customers access to precisely what they want, when they need it the most. With adyen, the payments platform that delivers convenience for all. Adyen. Business. Not boundaries. John, you have a threefer for us tell us. I do. Em th eem this would have been bigger had we gotten a blue wave. I like the up calls in january ill probably be in these about two months, eem. Take a look at upwork. We been in and out since it was a multiple stock in february multiple readings. Thats why this one is getting a lot of love today. Up side call buying here at the november 30 strike lastly, scott, zenga, january 9 calls, big buying in this one as well, 27,000 theres a lot of robin hoodsters in this one. I like it, ill probably be in these about as long as the mont. Good stuff. Lets talk silver. Silver prices are rallying well do it next on the half. At dell technologies, we started by making the cloud easier to manage. But we didnt stop there. We made a cloud flexible enough to adapt to any size business. No matter what it does, or how it changes. And we kept going. So you only pay for what you use. Because at dell technologies, we stop. At nothing. Youre choosing becawhento get connectedgies, weto xfinity mobile,. To the most Reliable Network nationwide, now with 5g included. Discover how to save up to 400 a year with shared data starting at 15 a month, or get the lowest price for one line of unlimited. Come into your local xfinity store to make the most of your mobile experience. You can shop the latest phones, bring your own device, or trade in for extra savings. Thats simple, easy, awesome. Visit your local xfinity store today to ask, shop, discover the latest on xfinity mobile. Time for the futures outlook. Silver surging investors piling through that for safety lets bring in bill baruch for the trade. Tell us what the trade is. Thank you for having me im invested in silver i think theres a lot more upside were going to get stimulus from the u. S. Silver doesnt care, whether its coming, fiscal or monetary with Interest Rates as zero. Were also seeing stimulus from the bank of england today. Were also seeing eurozone growth cut thats going to bring more stimulus from them i think thats all very supportive to the metals on top, the dollar is weaker, too. Not only u. S. Dollar weaker but chinese yuan, which is up about 7 against the u. S. Dollar another 3 to go thats from june so, silver has been constructive on this pullback i think we stay above 21. 50 which is the brexit level. Whats the trade were running into the 50day moving average look for buy of 2475 im looking longterm. Im using the march micro contract your stop is at 1975 youre risking the 5, which is 5 your target to the upside is 3475 thats a 10 move and 10,000 profit potential of 10 to 1 reward risk. Bill baruch, see you soon were back on the bullish call on verizon. Upgraded to overweight, jpmorgan, 65 is the price target a lot of ownership on our desk today. Kevin oleary, you bought more yesterday. You go first, and then jenny, who also owns it. Whats not to play. Its a great 5g play youre dating apple when you own it monster cash flow should be part of any dividend mandate. I love this stock. So, i think ive owned this since josh was bar mitzvahed for that long. I love it. Dont laugh. Highlight that its its a good way to play 5g. Unlike qualcomm that its obvious its a 5g play and i think its been priced into the stock, on verizon i think you get to play 5g for 4. 25 yield, trades cheap long island bell, josh . Yeah, im in this stock its got heavy resistance between 60 and 62. The sellers seem to come out whenever it attacks that level but the more times it knocks at door, eventually it will get through. This is another name i think is overdue for valuation rerating because of 5g and because of the super tight integration with apple and the iphone i agree with everything jenny and kevin said good stuff. Lets do final trades. A little bit of time you can tell me the why along with the what. Kevin oleary, go first, please. Alibabaalibaba, spin out people hate it because its a chinese stock and theres the jack ma surprise like we got last week. I love this long term and its growing faster than amazon does the same thing around the world. Faster growth, fantastic spinup. Love it. Jenny National Retail properties. So, big box, gas stations, not clothing stores. They have 6. 25 yield when they reported earnings they said october rent collections are at 90 i think thats a lot higher than whats seen in the stock price at 33 a chair big yield and upside josh brown . I think i would say jpmorgan for this one its really, i think, the best name in the space. And its got a great yield and buyback activity should be solid. I think you have valuation in l high 90s, low 100s from a total return standpoint, i think youll be okay. Less than ten seconds tesla, scott, up 60 bucks since it bottomed out last week. Bot more i like the upside. Good stuff. Dow is up well, now its over 500. The exchange starts right now. Thank you, scotts stocks are surging again today and theres a whole lot to get to on the exchange. Were waiting for updates on the president ial election. We just got updates on nevada. We do expect some more updates this hour. The markets, though, are loving what they know about the outcome thus far the dow is up more than 500 points right now all the major averages have seen strong gains and on pace for their biggest weekly gains since today. These are th