Take a hit. The covid consumer, walmart, home depot and kohls among retailers reporting earnings today. Walmart says ecommerce sales up 79 . And elon musks billions, tesla getting a spot in the s p 500. It is among the highest valued companies to ever enter the benchmark index and musk is on top to become number three, that is the third richest person in the world. Indeed, guys. Well start with the retail picture this morning, jim, youve been vocal as to the investor response on home depot and walmart. I guess thats related to the news out of amazon. Look, by the way, those stocks do tend to run up in the quarter and sell off thats nothing new a more aggressive amazon is always something we have to Pay Attention to i remember when amazon bought pill packs, the drug stores got killed i also point out that walmarts online david, thats not going to go away you can argue someone is going to argue thats the peak i would argue that amazon and walmart have taken so much share in this country,
Right now. Welcome. Our Investment Committee today, jim lebenthal, jon and Pete Najarian, brenda, adam parker is the ceo of triveria Capital Management lp. Much of the focus today on the drop in bond yields. The 30year hitting a record low. Some saying the countdown clock for a recession has started. So, pete, i turn to you and i want you to answer the question i asked at the top where is the best place to invest people want ideas. Sure. And i still think the gold and silver trade is on what were seeing today, scott, some of these individual names are still moving to the up side. Gld, slv have been a smart place to be. If you go back to the end of may. Thats been a great place to be. The slv in the last month up about 10 . Its still playing catch up. Those are more on the conservative side. You think thats the best weve got . Gold and silver and 10 in a month isnt so bad if you annual ize that out i ask, i dont hear tickers i hear gold and silver oh, im excited to talk tickers early, b
And fed week lululemon stock up more tha 50 this year. Is it getting stretched or is there more room to run and a slew of group grades on the street, its our call of the day. Halftime report starts right now. It is a big show and good to have you with us here on this thursday your Investment Committee today, joe terranova, steve weiss, jon and Pete Najarian and kristen bitterly with citi private bank. Welcome. Thank you so much to discuss. Lets start with the macro markets. The dow posting its biggest gain since early june and kind of incredibly back to within 2 of its alltime high. Joe, should we really trust this rally or is this all just algorithms and Computers Gone Wild by the way, congratulations yesterday you said the next 50 handles we dont go there, i still have a position. The president could tweet something and it turns into a loser. We dont touch that until were out of the position. No congratulations, the trades you theoretically have not made the president is staying quie
Former dallas fed president Richard Fisher is with us live and we are hours from a key report from netflix. Which way is this stock going to move the Investment Committee is ready to go. The Halftime Report starts right now. A lot of good questions there. Of course, its good to have you with us on this wednesday. We have a very good Investment Committee as usual for you jim leventhal, steve weis, jonny in najarian. Not for investors, not for today. Csx shares derailed. Investors suffering their worst day in more than a decade. A lot to unpack here lets get to frank who has been following the story since last night. You were just talking about economic indicators. The economy is strong. Retail sales strong. Unemployment at record lows. Inflation not a worry. But their new fears of a freight recession. Now csx, lowering guidance from 1 to 2 growth to a 1 to 2 decline, largely due to weaker demand for domestic and export coal and the everpresent trade tensions first half volumes fell 4 ce
Giant as oil jumps today is this beaten down sector finally about to move up the Investment Committee is ready to go. The Halftime Report with scott wapner begins right now. Welcome our Investment Committee today, joe terranova, steve weis, john and Pete Najarian. Lets begin with the markets and that semi surge. The chips on pace to close above a key level. Their 50day moving average for the First Time Since early may still a long way to go to get back to the highs but, pete, if this is legit, it could be extremely positive for the overall market it sure could people were leaning on this. This is exactly why this particular name moving everybody else, micron, thats why it was beaten down as much as it was. You look at yearoveryear numbers, this is abysmal but they priced in the fact they werent looking year over year but for this quarter can they beat, and they did. They beat on earnings and on revenue by a little bit, not a lot. And you look at the company. We all talk about valuation