Its earnings after the close. Should you take it for a spin . Todays initial jobless claims, 884,000. The a stark reminder the economy need as bump. Senate killing the republican skinny bill which i think was a waste of time anyway. Where is the sense of urgency . I will ask senator Marsha Blackburn coming up. Look at the inspiring story of a ufc fighter and his father. All that and much more on making money. Charles so, folks after wild hopingover the last five for equalibrium, market at alltime highs, beginning to sway side by side. It is scary and epic. Even trading before today was wild. It was all over the place. So, is this a session where maybe we can finally get some equalibrium to this market . If so, what is next . Well ask ryan payne, ceo of Payne Capital management, a group im not affiliated with. Fitzgerald group principal, keith fitzgerald. We have optimal strategys Francis Newton stacy. Francis start with you. On the notion that we chose unchanged today, would be some form after victory, maybe a reset button. Feels like were trying to get that equalibrium . I agree with you charles, important to note volatility at the end of last week came from a little bit of a readjustment between dealers and call buyers in the Options Market. So you had big traders buying lots of calls. The dealer being on the other side of that, has to sell those calls in order to not speculate. They buy the underlying stocks. So you have the Options Market driving the stock market which is inverse to how things normally work with. That surprise, youre going to have some violent repricing. Volatility is still elevated. But there is fear and complacency rapidly coming into tech. The stay at home play is still working. Were not fully reopening yet. On the broader term, longer term we have a lot of risk in the market. Well not get the data for a month or two, so the markets are settling back down as you say, charles. Charles stay at home thing, well talk more toward the end of the show whether or not pell ton, one of the big stay at home winners is still a buy. To that point, keith fitzgerald, even story of softbanks billions of dollars of call options we know that helped oil roil the market. We pulled back. If we get calm, sort of unchanged today, would that be a point of resetting for you . Absolutely. You know, this kind of pullback, with he forget, this kind of pullback is absolutely normal. It is not symptomatic bubble behavior. It is symptomatic of digestion. After you eat a good meal, sit around, have nice conversation, have a little dessert, go on your day. The market had a big move. We simply have to digest it. Charles this is an odd way of digesting, ryan. Usually after dinner it is a pleasant feeling. Golly. Ryan, youve been Cool Hand Luke, every time we bring you on, you never really got plus sistered. I like to be called Cool Hand Luke like paul human nan, thank you. I agree perfectly normal for a selloff. Bull markets dont let you in. This is one of the opportunities you can actually deploy some capital. I love the fact, charles, look at cyclicals. We talked a lot about financials, materials, industrials. They only went down like one, 2 , while tech went down 10, 11 . I think that diversification here is key. I know you, charles. I see you in the beautiful suits. You love a discount. If you see a suit on sale you will buy it. I think that is what youre seeing right now. You are seeing a lot of good value. Charles i talked about shopping at century 21. For those who havent been there, it was the best place to buy bargains in the 1980s for sure. A lot of experts are still saying that the market is in a bubble. Here is a question, when 293 of the s p 500 components are down over the year an average of 23 , 595 nasdaq names, majority are down 29 , keith fitzgerald, can we still be in a bubble . That is an interesting question. I think certain stocks still have the potential to be in a bubble but i wouldnt use that term. I think that term is tremendously misused. What that tells me, investors the first time in years have become hyper selective about their future. It is logical to chase Tech Companies because theyre the ones that have the future five to 10 years out. I think if anything, i would argue many of those names are still undervalued. Charles Francis Newton, stacy, i think you believe the opposite though. I think you think if there is a bubble, it is in some of these tech names . Yeah, certainly. I mean at some point fundamentals are going to matter again and we still have a lot of uncertainty in credit markets coming into the Fourth Quarter. Youve got to confront the fact that five fang stocks are basically 24 of the s p 500. We saw that you know, tech, when it goes down from this level its a pretty violent thing. The thing going forward, well have a rotation into cheaper things, particularly value, but the question remains, do we rotate out of tech right into value at these levels, or do we have credit problems in the Fourth Quarter that would have everything sort of telling a little bit more and rotating into those names . Charles right. We have 100 million loans in forbearance on the market. It is impossible to price that in because we have no idea what percentage much those loans will actually become defaults. So the Fourth Quarter could be more of the same where were staying at home, were not reopened, what is working works. The Fourth Quarter could be a rotation into the reopening trade, or the Fourth Quarter could be problems in the credit markets. So stay diversified. Charles im glad you narrowed it down to just three options. Let me ask you guys about this, right . Market watchers, financial media, we all tend to be very myopic, right . Were always looking at daytoday, second to second, short term action. I want to discuss where the market could be one year from now. One year after the aftermath of the fastest correction in nasdaq history, ryan, the 10 fastest pullbacks in history, nasdaq history have seen that the market, the nasdaq is up 90 of the time. Only once was it down for median gain of 32 . Can history repeat itself . Im talking if you held on now to one year from now, would you be okay . Yeah i think you will. Tech, i dont know i think it is a 50 50 game there. Tech is definitely overvalued. The tech sector in the u. S. Is worth more than the entire european stock market. That is insane. Charles if you held from one year now, would you be ever on okay . That is all im asking. If you hold on nasdaq stocks, one year from now, are you comfortable on that, based on most of the time, 90 of the time it goes up . I would be bearish on nasdaq and bullish on the market. Hopefully im wearing a goodlooking suit like you when we talk about it. I agree. Charles keith, let me point that out, that one year it was down, it was down 59 a year later. We all remember that year. Does that change the risk reward ratio for you . Or do the other nine times it was up 32 , does that tell you historically it is worth riding out nearterm volatility . Well, number one, i think market truism, capital is Creative Force that wants to grow. I calculate the probabilities every single night. Three to five years out, 60, 65 higher. 10 years out youre 90 higher. Im totally comfortable handling this here if we get volatility. It is a traveling come pan an i dont know, dont take your eye off the ball but doesnt bother me if youre doing your job right. Charles thank you. Ryan, francis, great conversation. Things to keep on the record. Does it seem like every time you turn on the news, check your headlines on the smartphones it is always bad news or the warning of impending doom . Listen we slow down to rubberneck the aftermath of a car crash hoping everyone is safe, marveling at all the twisted metal and the carnage. The bottom line bad news sells. These days it shape as media narrative i have to say becoming overly bias. I bring this up, i want to play with you the game, did you know . I was researching millenial homeownership over the weekend, i was shocked to discover under 35 homeownership rocketed to 40. 6 that is the highest level since 2018. I 2008. Let check black homeownership, a part of american dream, highest level since 2008. So i kept digging. Did you know that hispanic homeownership the highest level on record right now at this very moment. These milestones should be shouted from rooftops, not only because theyre great, they involve our fellow americans but also because these are trends that would encourage others. I know im cynical, but maybe the folks in the News Business are only interested in the twisted metal and the carnage and not the survivors an thrivers. Employment claims are beginning to fade. Congress failing to pass a stimulus bill, so what will it take . I have will ask senator Marsha Blackburn at 2 40. Football is back tonight. It cannot start soon enough for the world of sports. One sport has no barriers including race or color. Bobby green shares his story. Hes next. The lexus es. Every curve, every innovation, every feeling. A product of mastery. Lease the 2020 es 350 for 359 a month for 36 months. Experience amazing at your lexus dealer. Theyve really stood the test of time. Much like these majestic rocky mountains. Which must be named after the. That would be rocky the flying squirrel, mr. Gecko sir. Obviously ahh come on bullwinkle, theyre named after. Our first president george rockington that doesnt even make any sense. Mr. Uhh. Winkle. Geico. Over 75 years of savings and service. Charles tonight the nfl kicks off a new season with the dream match up in with super bowl champs the Kansas City Chiefs against the talented houston texans. The world of sports will look a lot different. Want to bring in Ashley Webster with the preview. Ashley i am a sports nut. Finally the return of the any of, charles but as you said it will look a little different. Dont expect a loud raucous crowd at arrow ahead stadium tonight. Capacity will be limited to 20 or 15,000 fans for the home opener in a stadium that holds 76,000. In fact teams will play at their home stadiums for the season. But for the most part, those stadiums will actually be empty. Of the 32 teams in the nfl, 26 say those games will take place without any spectators. Six teams, including the chiefs as we mentioned say they will allow a limited number of fans into each game. They include jacksonville, miami, the chiefs, the colts, cleveland and oh, yes, the dallas cowboys. As for the players well, they have been undergoing daily Virus Testing and theyre using reconfigured locker rooms to allow for the utmost social distancing and so far the league has avoided any major covid outbreaks. Lets be honest, in a sport where physical contact is a major part of the game, some players say those Safety Measures are just not enough. In fact, charles, dozens of players have decided it is not a risk worth taking although many more have. Finally the season gets underway tonight. Without that big loud crowd, it will be a heck of a lot different. Im happy to see the action but im going to certainly miss the fans. Charles absolutely. Especially when it comes to football. Thank you very much, ashley. Appreciate it. Ashley yeah. Charles the game cant start soon enough for the world of sports which lost a lot of luster in the recent years n a recent gallup poll, only pharmaceutical industry and federal government have seen a decline in popularity. There are tantalizeing threeset between two moms at the u. S. Open with Serena Williams finding the magic. A lot of younger generations finding new forms of entertainment. It was determined by the team we rooted for and nothing else. Sports provided escapism from the dale hi grind and unites, will it unites complete changers and even entire cities. While the new role of social activism dominating headlines than bock scores, there was a moment much social commentary at sporting event i think we all need to hear. After winning his ufc bought, bobby green was interviewed an sig knolled over his father an trainer to come over. His father is white. Bobby is black. The ufc star reminds us love matters more than anything else, has no barriers including race or color. I was born in foster care. I didnt have a mother or father. They gave me away. My father wasnt fit to be my father this is my dad here, jacob benny. He has been there since the beginning. He laid his life down for me. I would lay my life down for him. Charles bobby, i read about your life. Your father was incarcerated. Your mother was battling drug addiction. Your father stepped in and raised you. Thank you for having me first of all. You know im glad i could be a beacon of positivity for you guys. I personally just, i am who i am, you know. And i met this guy at the beginning of my career, just, totally different. I was really a wild kid. You know, i who had a lot of troubles growing up. Ha he said, hey, you do this and that. Over years i slowly changed this, i changed that about me. I realized im different. There is something to this. Around so then i just kind of built from there im just trying to be Something Different for people to see. Charles well, people are seeing you. I saw the video. I was deeply moved. And i think it is the kind of story that maybe we all need to hear in this country because weve got so much tribalism and so much fingerpointing, i think we forgot were the number one country in the world. Part of it is, when ever the chips have been down we have come together as one country. Yes, yes. That is my biggest focus is like, i felt like instagram and social media stuff is just so much hate and yeah, yeah, this side, this side. Listen, just make sure im clear, i am me. I am oneman army. I stand by myself and i believe in love can conquer all things. Everyone thinks that im going to yell at you, to get you to understand my point. That is not going to work. Maybe if you keep watching and seeing the person i am and what i put out and what im trying to do, maybe that will impact someone for some change. That is all i was trying to do, impact some change, hey, were all not the same. Im me, this is how im not doing me. I love everybody, i dont care what color you are or where you come from, i come from, ive been in foster care since four years old, i lived with white people, black people, with mexican people that didnt even speak english. I had to learn spanish to communicate. My role is so different from the average human being. Charles your record is 2610. Youve been doing very well. I see you picked up on short notice a fight on september 12th against alan patrick. How are you feel about this fight and ufc fight night 177 . I consider myself a bear, you know. I stay in hibernation. I stay out of you guys drama. I just mind my business. When they knock on that cage, i come out and i kill. I go hunting. Thats it. I am coming to hunt him. He shouldnt have took the fight. Now that he took the fight i will make an example out of him. Charles well, were going to root for you in in the ufc but e appreciate your words of wisdom, how you live your life as an example for all of us. I appreciate you taking the time, bobby. You definitely have a huge fan in me forever. Thank you. Thank you, sir. God bless and god bless america. I am a true american. I stand up for our country and anyone in it that is willing to fight for this, you know. I just want good human beings, good people out here pushing the right message and lets come together and lets work together. Charles amen. Thank you very much. Well see you soon. In the meantime, folks were staying on the market generally under more pressure right now. But i got to tell tell you something, this is where i find my best ideas. Well tell you about stocks you should be considering. When hollywood says you will never work in this town again, guess who is actually making those decisions now . Well tell you after the break im still on the road to whats next. And im still going for my best. Even though i live with a higher risk of stroke due to afib not caused by a heart valve problem. So if theres a better treatment than warfarin, im on top of that. Eliquis. Eliquis is proven to reduce stroke risk better than warfarin. Plus has significantly less major bleeding than warfarin. Eliquis is fdaapproved and has both. Whats next . Getting out there. Dont stop taking eliquis unless your doctor tells you to, as stopping increases your risk of having a stroke. Eliquis can cause serious and in rare cases fatal bleeding. Dont take eliquis if you have an artificial heart valve or abnormal bleeding. While taking eliquis, you may bruise more easily and it may take longer than usual for any bleeding to stop. Seek immediate medical care for sudden signs of bleeding, like unusual bruising. Eliquis may increase your bleeding risk if you take certain medicines. Tell your doctor about all planned medical or dental procedures. Ask your doctor about eliquis. And if your ability to afford your medication has changed, we want to help. Come on in, were open. All we do is hand you the bag. Simple. Done. We adapt and we change. You know, you just figure it out. Weve just been finding a way to keep on pushing. Charles nbc news reporting that the uyghurs filed a complaint against the Chinese Government at the international court. The predominantly Ethnic Muslim Minority Group accusing beijing of crimes against humanity, torture and genocide. Trump administration abandoned ports from three regions where the alleged abuses occurred. Joining me wall street journal opinion writer jillian melchior. The Chinese Government of course denying these claims but how much longer they will ignore them as the world is no longer ignored them . Well i think that the world is catching on to the oppressive nature of the Chinese Government. We saw what happened in hong kong in the last year. Weve seen increasingly aggressive rhetoric in taiwan. Most disturbing we see what is happen in shenzhen province where more than one million uyghurs put in Detention Centers where there is massive totalitarian state this is out of George Orwell and the world needs to strike back. Charles the problem is china spent so much money throughout the world, belt and suspenders, whatever that is, marco polo thing. The money they invest here, relationship with american universities. Now it is really coming through with hollywood. Disney under a lot of fire. They filmed parts of mulan where the alleged abuses took place. We keep reading about hollywood not being able to push back anymore against chinese censors, going out of their way to appease the communist Chinese Government because of so much money theyre pouring into hollywood and such a large audience. When they start to control our culture like hollywood, arent they win income. Look what happened with mulan is an absolute shame. You have ending credits where theyre thanking government, theyre thanking propaganda departments. I want to point out this, is the same hollywood that domestically for u. S. Audience lecturing everybody else about social justice. Meanwhile there is a recent report that came out that looks at how hollywood, this is not just disney, is kowtowing to beijing. It gives them veto power over some of the scripts. How it changes its message to fit the Chinese Government preferences. Chinese communist party preferences. They lose all moral credibility with this. They are a oppressive government and theyre collaborating with it. Charles how hopeful there, is enough pushback now . You were on the story long before it became the sort of story de jure . You were ahead of the curve on this. Where are we now as far as the country and the world pushing back against the communist chinese . Well were starting to see some movement. I mean, earlier this year the uyghur human rights policy act passed that puts sanctions on officials who are involved in human rights abuses. It is very similar to the act that passed in hong kong but i think there is a lot more to do. One thing i would like to see passed the uyghur forced labor prevention act. Which gives presumption anything created in this region of china may be using forced labor. It puts more scrutiny on that. Finally it is important to call out the Chinese Government for its behavior. Charles i hope everyone does, including those folks with a lot of deep pockets and a lot of moral outrage when it comes to anything but china. Jillian, a pleasure, been too long. See you again. Thank you. Charles speaking of china, walmart and microsoft swooned into the close yesterday. Remember the dow was up over 600. Then it was up over 400. They slipped again today. Hence part of the reason theyre selling off. All over reports they may not get to buy tiktok. I want clear advisors managing director james awad. For them to potentially get tiktok would be huge for them but what do you think of this . I find it having such amazing impact on their share price . Dont forget the market was weakening towards the close yesterday. It has been weak today. Theyre not going down in an up market. But yes, i think markets would like to see them get this deal done. It is strategically makes sense. It will elevate the secular growth rate of both companies. If for some reason they dont get it, these are two extremely wellrun companies, executing well and i think the stocks in the companies will do fine regardless but they would do better if they could get this deal done. Charles no doubt about it. And i believe part of the reason were pulling down we dont have leadership from either one of them. You know what is interesting . Just moments ago Goldman Sachs announced they see Third Quarter gdp at 35 , jim. Atlanta fed sees it at 31 . You would think news like that would help the market. Is it already factored into this market. No. I think it will help the rally. When you get Third Quarter earns reports, Fourth Quarter outlooks from companies for the Fourth Quarter. Youre suggesting overshoot on the upside which ended with that whole option phenomenon and momentum got out of balance with the reality. And now youre going through a little bit of a reset. The employment number, the claims number wasnt great. The news out of congress wasnt great. To youre getting a little bit of a correction. This is an opportunity. You want to buy stocks on days like today, not in august when theyre melting up. So i think the news is getting better. The fundamentals are getting better. Stocks are having a little bit of a correction. This is an opportunity. Again i think you should do a blend, a blend of the stay at home and back to work stocks. Charles all right. As far as vaccine news is concerned, is that upset you at all . The last 24 hours with astrazeneca, things like that . You know, you will have setbacks. The news will ebb and flow. What you know directionally were going in the right direction. You have a couple of vaccines next year. Well be in much better control despite the ebb and flow of the vaccine and maybe of the cases with back to school. Charles jim awad. Thank you very much, my friend. Appreciate it. My pleasure. Charles all right, folks, now if you didnt know, now you do, right . Volatility can be crazy from time to time and yet to jims point its a great time to find stocks you want to own. In fact it is one of the aspects of investing i cover in my book, unstoppable prosperity. Its a passion project, folks. I consider it more of a tool than a book. I love the markets but love helping people more. With this book i think you can put you on the road to your own unstoppable prosperity. Get it at unstoppableprosperity. Com. Senate republicans failing to pass the skinny 300 billiondollar covid relief package. Well have tennessee senator Marsha Blackburn up next. President trump would show voters how he would reshape the Supreme Court if he is elected. Well examine his short list later in the hour with jenna ellis. Of the market. Its smarter Trading Technology for smarter trading decisions. Fidelity. Now every bath fitter bathbath fis installed quickly, safely, and beautifully, with a lifetime warranty. Go from old to new. From worn to wow. The beautiful bath youve always wanted, done right, installed by one expert technician, all in one day. Weve been creating moments like these for 35 years, and were here to help you get started. Book your free virtual or inhome Design Consultation today. Charles stimulus standoff continues on can toll hill with the Senate Voting on a very trimmed republican relief bill. Hillary vaughn is live in washington with more. Hillary. Reporter hi, charles. This lastditch attempt to pass covid relief was doomed to fail because republicans needed seven Senate Democrats to support the bill and they could not get one. Senate Majority Leader Mitch Mcconnell saying democrats were deadset against a bill that did a lot to help families and Small Businesses make it through the tail end of the pandemic. If you share the Democratic Leaders toxic attitude, who think the real enemy are their political opponents i assume will follow his lead and vote no. They can tell American Families they care more about politics than helping them. Reporter they did vote no, rejecting the bill, minority leader Chuck Schumer picking apart issues with the bill saying the big one was Liability Insurance that protected workers and Small Businesses from liability and would help workers get back to work. So leader mcconnell this morning demanded that democrats name exactly what we oppose in their bill like it was some kind of a challenge . How about the broad immunity provisions from the day he announced them he knew it wouldnt get democratic support . Reporter here is what was in the 300 billiondollar skinny bill that republicans tried to push bill. 300 a week in extra Unemployment Benefits through the end of december. A shot at applying for a second ppp loan for Small Businesses this one tailored to those with 300 employees or less. 105 billion for school and child care providers to buy ppe, cleaning supplies to help them safely reopen. Liability protections for employers around Health Care Workers and their facilities. House Speaker Nancy Pelosi saying this is not the end. They still think they can pass another relief bill but on the senate side, the Senate Republicans are saying this is the last shot. Charles . Charles hillary, thank you very much. Is Congress Going to get its act together passing the relief bill . Here with insight, Tennessee Republican senator, senator blackburn, i have tell you up front i was not a big fan of the skin my relief bill. We need 1200dollar stimulus checks. We have 29 Million People on Unemployment Benefits. I think it is too tough to scale back this far. One of the things we wanted to do, charles, that was targeted and focused what people are saying are their primary needs right now. Liability protection, anytime you talk to schools, county governments, businesses, health care providers, they put that at the top of the list. The beefed up Unemployment Insurance, that is something that people wanted to see. An extra 300 in that Unemployment Insurance check. A way for your businesses, that have been so adversely impacted, those that have been the most impacted, to apply for a second round of ppp. And of course, for the entertainment industry, our venues, our spots in tennessee this, was vitally important. So there were good things in here that we should have have been able to agree on and say, here is where there is agreement. Lets move this forward and then keep working. Charles i hear where youre coming from. I agree with you there. I think everything in there was obviously warranted, particularly from the business side. What about the notion, American Action forum put out a piece saying, i doesnt know if it is too complicated or would be too hard for congress but think about like, for instance, people on minimum wage, Single Person on minimum wage might need 200 a week . Family on minimum wage might need 400 a week. Median wage families may need 300 a week . You speak of being targeted. Is that too much of a lift for congress . Should there be a platinum per . If so, why wont the democrats 45 states have taken President Trump up on the executive order to go with this money he found in fema. But that money will run out soon. One of the things we sought to do was reposition and repurpose money that was already appropriated and that is the wise stewardship step to take. Now, charles, one of the things we had wanted to do was exactly what youre talking about but what we found out, Unemployment Insurance is issued by the states and the states systems were not sophisticated enough to handle that type transactions. So that you could further target this. So we have allowed the states to use many so of that money to upgrade their systems. Charles real quick. I want to ask you about your bill, the tech censoring bill. Something near and dear to your heart . Right. It is the 230 reform bill and this is vitally important. We hear from people all the time about problems with online censorship and prioritization and how big tech has been hiding behind section 230. A lot of opaque practices. What were going to do is clarify who can use section 230, when they can use it, how they can use it, get rid of these opaque policies, and these terms of service that allow them to say, well it is not our fault. Were not going to give them the benefit of the doubt. We are going to give them pause every time they try to take down something. Charles well i think the american public, i mean everyone would probably applaud that, that you would have bipartisan support there. Im just telling you meantime, watch these markets because i think theyre going to put some pressure on congress and hurt our wallets until something happens over there. I appreciate you coming on, senator blackburn. Well talk again real soon i hope. Good to be with you, thank you. Charles thanks. Meanwhile, folks, President Trump unveiling his list of possible Supreme Court nominees to showcase his administration how they would reshape the court if given a chance. There are some surprises in there. Attorney for the president jenna ellis, she will give us her take. Shes next. Joe biden has refused to release his list, perhaps, he knows the names are so extremely far left that they could never withstand public scrutiny or receive acceptance. You can go your own way go your own way your wireless. Your rules. Only Xfinity Mobile lets you choose shared data, unlimited or a mix of each. And switch anytime so you only pay for the data you need. Switch and save 400 a year on your wireless bill. Plus, get 400 off when you buy the new Samsung Galaxy note20 ultra 5g. President trump unfortunately in is a growing radical Left Movement that rejects the principle of equal treatment under the law. If this extreme movement is granted a majority on the Supreme Court, it will fundamentally transform america without a single vote of congress. Charles President Trump warning our American Values will be at risk if joe biden wins in november. Now this warning comes as the president revealed the names of 20 more people that he considered nominating to the Supreme Court. The list includes sitting republican senators, ted cruz, tom cotton and josh hawley. Here for reaction, attorney for President Trump jenna ellis. Anytime a list like this is unveiled. There will be a lot of critics. In this case from the left but also some folks on the right as well. What was the thought process, decisionmaking process here . Charles, i think this shows the president is the law and order president and his fidelity to the u. S. Constitution an recognizing with this list that it is important to get jurists on the court who understand our rights come from god our creator, not our government. It is the sole purpose of government to preserve around protect those rights. When we put justices on the Supreme Court, they have to maintain impartiality and balance. Over the last 60 years with democrat appointed jurists that that balance has been swing together left and so that is why we need another four more years of President Trump so he makes sure to put on those justices that will protect our freedoms and liberties, including religious freedom, the right to life, everything given by god, our creator. Charles i want to point out a pew poll recently says Supreme Court appointments are the number three most important issue after the economy, health care and even above the coronavirus outbreak. Certainly a key issue. Hey, we have some breaking news out just moments ago in fact. You and the Trump Campaign have issued a cease and desist order to the Biden Campaign as well as to twitter and facebook to stop running an ad based on the atlantic and others reporting that President Trump bashed members of the military. Tell us about this cease and desist order. Thank you for the opportunity. We sent that from the campaign because the Biden Campaign put out a false and misleading ad that is based on the atlantic article which is unverified and anonymous sources. Twitter and facebook should remove this ad. If it was from the Trump Campaign based on false and unverifiable sources, they would have flagged it as misinformation. We would have hoped Biden Campaign and President Trump and all misinformation from the Mainstream Media with honesty and integrity. Were calling on facebook and twitter to correct this mischaracterization and apply the rules equally and fairly. Charles there is no doubt if the shoes were own the other foot, whatever the saying going, they would have taken it down and something on it. Facebook and twitter are very aggressive with President Trump. Im surprised they allowed this ad to go up. A busy day. We appreciate you coming on particularly with the breaking news. Always good to join us, charles. Thanks. Charles here is the question can peloton pedal itself to strong earnings . We have a preview for you. Those last things you need to consider as we swoon into the closing bell. Well be right back and etfs for any amount you choose instead of buying by the share. All with no commissions. Stocks by the slice from fidelity. Get your slice today. Stocks by the slice from fidelity. These days, businesses are adapting to new ways of working. And innovation is at the heart of it. Verizon 5g ultra wideband is the fastest 5g in the world, with speeds up to 25 times todays 4g networks. Its massive capacity and ultralow lag time is already available in parts of select cities around the country. Which means businesses both large and small can innovate like never before. I buy my own rocks and i flaunt it rolling through the streets so stunning you know im a diamond honey im a celebrate this feeling watch me while i break the ceiling you know that unstoppable feeling so ima showem how im shinin walking bold. Ice on me raining down like Diamond Rings everyday did you know that you can shop online with a virtual consultant . Ask about special financing yeah i do it right cuz with the diamond credit card. Im a diamond. Guys guys safe drivers save 40 safe drivers save 40 safe drivers save 40 thats safe drivers save 40 . It is, thats safe drivers save 40 . Hes right there. Its him safe drivers do save 40 . Click or call for a quote today. Hello, im michael youssef. Lately, we are hearing so many conflicting voices and i dont blame you if you are anxious and worried and troubled. But if i told you that theres only one voice that you can absolutely trust. After all, he wants nothing from you and wants to give you everything. Im talking about the lord jesus christ, who said, come unto me, all who are carrying heavy burdens and worry and anxiety. And i will give you rest. Hes the only one who can give you true rest and peace. Will you come to him . [female voice] are you waiting to find a trustworthy voice in the midst of the chaos of this world . Visit findingtruepeace. Com to find a voice that will never let you down. Again, thats findingtruepeace. Com. Charles nasdaq chasing a key support level and with all the anticipation that happens after the close, that might help make the difference. One of the biggest lockdown winners, peloton, helps people shed pounds while fattening wallets. Wall street seems to believe good times are here to stay and also, this month alone, think about this, the exercise bike maker has seen three upgrades. September 2nd, jpmorgan went to overweight, on the 9th, wedbush went to outperform and goldman went to a buy. I want to bring in david nicholas. David, you know, the stock was up, it was at 98 bucks, rocking, now its at 88. All the high flyers have made massive reversals this session. You have to believe its going to be a double digit move one way or the other after the close. How you looking at it . Yeah, i agree. For me, i think pelotons a stock you want to own. Its in the business of changing behavior. Its obviously been a recipient of the pandemic so i think from a technical standpoint, if you can pick up the stock under 90 a share, i think thats a good deal. I want to see it trade up and close above 100. If it can do that, i think 115, 120 is not off the table. We could see some post earnings profit taking. 72 a share for me is what i want to see it hold. If peloton holds 72 a share, im not concerned. I think that stock could go higher. Look for some profit taking. I think you should buy on dip but i think the stock could get up over 100 with positive momentum. Charles you would own it before the close . Going into these earnings after the bell . I do. Its got some downside. For me i would own it before the earnings anticipating a slight pullback but not being concerned if it holds that technical 72 a share level. Charles okay. I will point out on may 6 after they reported, the next session it was up 13. 5 , a week later up 16 . Its a high flyer. Let me ask about some of the other names. Chewy, oracle, dave busters. Which one if any of these are getting your attention . Yeah. If you look at chewy, the breakout above 60 was powerful. Traded all the way up to 75. It couldnt break through 75. But i think theres an outlook there for chewy. You mentioned dave busters. I was looking at the traffic data. Traffic was down close to 90 year over year. The recent traffic data for august, that number had dropped to about 70 . So i think if you are looking for a big bounce recovery play, i think dave busters is that play. I think chewy could give you some upside as well. I think we should see how well they do for earnings. I think their profit should be up substantially. I think a lot of charles less than a minute. Watch the downside. Charles okay. Of course. They are all volatile high beta names. Two others we could add to the list, i think, amc and beyond meat. Sort of an eclectic duo there. You like them both as well, right . Amc is my flyer. Look, there is still a lot of work to be done there. Beyond meat, china, its all about china. Three times Meat Consumption than here in the u. S. The outlook for beyond meat is good. Look at what its doing today. I like that action. Charles do you eat that stuff, man . No. But my wife does. I dont touch it. I like to buy the things my wife is buying. Its a buy for us. Charles so funny you said that. I made a fortune off michaels this year. My wife was going there every single day. She told me about the lines. I got in. I think we made like 70 on it, got out. Always follow your wife and kids. They are better stock pickers than all of us. Thank you very much, my friend. Liz claman, i wish i could give you a better market but this is part of the process, finding equilibrium. Liz well, yes, and i think right now, we have got gravitational pull yanking the markets all over the place. Charles, also breaking news, we are being told that President Trump is expected to hold a white house News Conference at any moment. This announcement of the conference actually came just about an hour and a half ago and minutes after the senate failed to pass a procedural vote for the gops 300 billion coronavirus stimulus bill. With the republicans bill now dead and the democrats house bill which was passed in limbo, that froze the idea of future Financial Aid to those affected