The election conversation right now. Speaker pelosi calling the house back into session for urgent action, she says, on the matter. So urgent they are not coming back until later this week. Meanwhile, the market shrugging off any possible chaos from the election. The s p, in fact, could hit an alltime high today. Goldman sachs is raising its forecast on the s p to 3600 by years end. Its also a big week for retail as well. Several Big Companies reporting profits starting with walmart and home depot tomorrow. Lots to talk about. Im Ashley Webster. Yes, stuart is back tomorrow. Varney company is about to begin. Its been run horribly and were going to make it good. Now, what am i supposed to do, let it continue to run badly so if you fix it they say oh, hes tampering with the election. Were not tampering. This is a con game by pelosi and schumer. Look, the post office, theres 25 billion sitting there but they really want 1 trillion to bail out their badly run states. Ashley yeah, that was President Trump just moments ago on fox friends. He says House Speaker nancy pelosi and Senate Minority leader schumer, as you just heard, trying to con him into bailing out poorly run liberal states by using the Postal Service. Pelosi now calling the house back into session after reps left d. C. They want the postmaster general to testify about the growing fears that mailin ballots will be delayed. All right. Lets bring in blake burman live at the warehouse the warehouse. The white house. Look, the first thing i think of here, hasnt the post office already been losing billions of dollars, way before talks about mailin voting, right . Reporter yeah. Live in the washington area, by the way. Yeah. As we heard trump this morning, it is something that he and both the treasury secretary Steve Mnuchin have been talking about for awhile saying look, the post office loses money, so it needs to be reformed and its something they have been trying to get at for quite some time. Thats part of their defense. However, nancy pelosi is saying that the postmaster general, newly installed, donor of the president , is amounting to what is essentially quote, political sabotage, so she is calling back the house after this upcoming weekend. In between the two political conventions, the democrat and republican, to take up legislation that would return Service Levels back to 2019 levels. Heres what she wrote to democrats in her letter. Quote, in a time of a pandemic, the Postal Service is election central. Americans should not have to choose between their health and their vote. As you also heard from the president there, this is also at the core of the phase four stimulus negotiation, relief negotiations right now that are going nowhere. Democrats want 25 billion for the Postal Service. The president thinks that this is all part of some bigger negotiating game to get money for states and local governments that need bailouts or at least that need bailouts as he sees it. Probably, ashley, the biggest political football in washington right now involving the u. S. Postal service. Back to you. Ashley exactly. Getting back to 2019 levels. Were they that great . I guess thats another question. Blake, thank you very much. Really appreciate it. Lets check the markets. We are on record watch for the s p 500 this morning and Goldman Sachs raising its target on the s p to 3600 by the end of the year. Thats pretty bullish. Lets bring in market watcher keith fitzgerald. Keith, you are bullish on the s p 500, too. Noi th i know that. Youre not worried about this potential election chaos . Well, of course im worried but am i concerned enough to change my Investment Strategy . Thats a different question. The answer is no. I think the chaos that joe biden effect, all of that very very real but if you are in to win with the right companies, then you know what, that potentially is just a speed bump. Ashley very quickly, keith, we have talked about the s p, you know, trying to break through the next level through another record level, but it hasnt been able to do that. A growing number of analysts are saying thats a sign that perhaps we are looking for a pullback, losing a little bit of the momentum. I actually agree with that. My experience over the last nearly 40 years which i cant believe i have been doing it this long, is exactly that. If we have not broken through already, theres a substantial amount of buying and selling that still has to occur before we can lead that charge. Im actually coming into this week thinking about it but again, not enough to change my strategy at this point. Ashley all right. Very good. Keith, stay right there. I want to look at walmart premarket. Also bring in Lauren Simonetti. They are extending their store hours by how much, as the stock is up 1. 33 before the bell . Lauren that is a record high, actually, ashley. We will see if it sticks when the market opens. Almost all of walmarts will stay open 90 minutes later starting today. So they will close at 10 00 p. M. Walmart says they feel they can do this safely. They will also have time to clean their stores and restock their shelves and the move gives customers more options, and its a way to adjust workers to extended hours again, just ahead of the Holiday Shopping season. We get their big report card for the quarter tomorrow. Look, walmart certainly a pandemic winner but it costs money to run business safely and also to speed up delivery to customers who are clicking and buying from home. So because of that, earnings are expected to fall 1. 6 from last year, and revenue, yeah, is going to rise about 4 to 135. 37 billion. I just wanted to show you this. You are looking at it on the screen. While the stock is near a record high, it is up just 7 in the past three months but the s p retail etf is up 42 in that same time period. So walmart, a winner but the gains are slowing. Ashley thats interesting. All right, lauren, thank you. Back to you, keith. Big retailers as we just said reporting this week. They include walmart, target, tjx. You buying any retailers going into the earnings . I want lauren on my team. Thats exactly the relationship we are looking at. Walmart is undervalued compared to the rest of the industry. They are making great moves. Home depot is attractive to me, foot traffic despite the pandemic up 35 , maybe 40 . Lowes is interesting. Beyond that, not much. Because youve got to have daa digital component to it and not a lot of retailers do. Ashley very good. Thank you, keith. Lets check amazon. The behemoth we check every day. Susan li, come on in. Now they are facing an investigation in germany. Susan yeah. There have been complaints that amazon was blocking certain traders accusing them of price gouging after covid. Germany is investigating amazon on how it influences pricing on the marketplace. Germany is amazons second biggest market after the u. S. I didnt know that. That was interesting. Amazon defending its policies when it comes to price gouging. Amazon founder jeff bezos testifying for the first time on capitol hill just last month, with growing concerns over amazons conflict of interest because they operate the marketplace but they are also a competitor, because they sell their own private label goods. How they influence pricing i guess is important to germany. Ashley interesting. All right, susan, thank you. Check auto zone. They are getting on a hiring spree. They are looking for 20,000 workers across the country for their 5800 stores. Lets take a look at auto zone. Yeah, they are up. 25 . Also take a look at jd. Com, the chinese ecommerce company, reporting Second Quarter profit and revenue jumped last quarter. By the way, revenue grew more than 33 . Mobile daily users rose 40 in june. That stock up 5 in premarket. Take a look at tesla. Tesla shares after wedbushs dan ives is raising his price target to 1900, those shares up 1. 5 at 1677. Thats a hundred dollar jump, by the way, in price target by dan ives and they will open in record territory. Not bad. Next case, the fda approves a new coronavirus saliva test created by yale researchers. By the way, they are partnering with the nba to test players more. Good time to bring in doc marc siegel, fox news contributor. Doc, is this the future of testing, do you think . Ashley, i think it is. Its called saliva direct. It was tested on nba players and it was very successful about 90 to 95 as good as the nasal swab you have been hearing about for months. That means, by the way, this can now be used as a home kit, if we can manage to get the home kits out there. The nba, Major League Soccer and Major League Baseball is testing about 19,000 players a day so they are using it bigtime but we could actually roll it out to the general public. It uses the same kind of testing that we have been doing all along but with a Rapid Response and its something you can selfadminister. Codiagnostics is another company that got a saliva test out there that was approved with an emergency use authorization by the fda a few weeks ago. These two could be huge players on the market and take over the whole testing situation. Ashley you know, doctor, we have a host of companies, we know this, racing to make the very first vaccine but in your opinion, who is leading the race . We just got news that eli lilly and regeneron, both companies not able to meet the timelines they said they were. In other words, seeing delays. Who is in the lead, do you think . Well, actually, eli lilly and regeneron, you are talking about the antibody treatment. In terms of the vaccines, i would put right at the front, lets talk about this like a horse race, at the front, i would say is Oxford Astrazeneca because they are already well into stage phase three trials around the world. They are right up front. Next and very close, neck and neck, would be moderna and the Pfizer Biontech vaccines. Both of them are Brand New Technology messenger rna. Thats a kind of genetic material. All had a very rapid immunological response. They are right behind the Oxford Astrazeneca. Then i look at novavax, which we have talked about a lot. Thats not yet entering the phase three trials but i will tell you what i like about that one. Thats the one, the dark horse at the end of the race. That could come in and with a finishing kick, beat everyone. Tell you why. Ashley, their immune response was four times what you get when you are recovering from covid19 yourself. Thats right. Four times greater, novavaxs vaccine. Looks extremely promising. I would say astrazeneca, pfizer, moderna and then novavax. Those are my top four candidates. Ashley all right. We have to keep a close eye on it. Thanks as always for your expertise this morning. The saliva test is interesting. Lets take a look at the futures. Going to be higher, at least thats what the futures are telling us. The dow up 118 points before we officially get under way. Same story, up half a percent on the s p. Up nearly 1 on the nasdaq. We will see how accurate that is at the opening bell. The riots and protesting following George Floyds murder is set to become the costliest displays of civil unrest in our nations history. Its a number, well, you frankly wont believe. We will tell you in a live report from chicago coming up. The dnc, yes, kicks off today but joe biden and his campaign largely absent on the sunday shows yesterday. So where is joe biden . We will debate whether his basement strategy will help him win the election. Speaking of the convention, the democrats are doing everything they can to keep the peace after chaos broke out from the bernie bros in 2016. Can they stay unified this time around . We are on it next. Im a performer. Always have been. And always will be. Never letting anything get in my way. Not the doubts, distractions, or voice in my head. 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The dow futures, as you can see, up 117 points. S p and nasdaq also nicely in the green. The Democratic Convention starts this week. We know that. We will see the democrats economic policies along with joe bidens vision for america, but could we see a potential replay of 2016 . If you remember, where angry Bernie Sanders supporters threw the whole event into chaos. Could it happen again . Maybe. Lets bring in hillary vaughn, who will give us a preview of the convention. Good morning, hillary. Reporter good morning, ashley. Todays lineup goes as far left as Bernie Sanders and as far right as former republican Governor John Kasich. Bernie sanders, though, has promised to use his delegates at the convention to make the partys platform as progressive as possible and reflects what he calls his economic bill of rights including things like medicare for all and a government guaranteed job, but some in his base feel that he fell short of that. Today is supposed to be a show of unity for the party to avoid what happened in 2016, but there are some delegates that are protesting the platform because they dont think its progressive enough, things like medicare for all are not on the table and really, we are expecting to get some pushback for that. We did hear from Bernie Sanders yesterday. He said that the first step is to get joe biden elected and then the next step is to try to push through progressive policies like medicare for all through his using his base to do that. So we are expecting to hear a little bit more from sanders on that today, but while this is happening, the president himself is putting himself out there in key battleground states, providing a countermessage to the dncs programming. President trump will hold rallies in several swing states today starting in wisconsin, where the dnc was supposed to kick off in person, now its mostly virtual. Tomorrow in arizona and thursday in pennsylvania. They are also planning a multimillion dollar ad spend this week including taking over youtubes banner for 96 hours and the reason why thats key is because a lot of people are going to be watching the dnc online, on youtube, on streaming platforms, and that is where the Trump Campaign is investing their money this week. Ashley . Ashley yeah. Its going to look very different. A virtual convention, a lot of pretaped speeches and so on. Hillary, thank you very much. Appreciate it. Lets stay on this, if we can. Lets bring in our good friend jeff sica. Jeff, good morning to you. The democrats unveil their Economic Vision for america this week. I would imagine higher taxes, more regulation. What would all of this do for the economy and the markets . Well, i think its going to have an immense impact on the economy and the markets because primarily, you are talking about two very very different agendas and if we begin to see higher taxes and how they relate to Small Businesses, we are going to see the markets react to that, because as it stands, the polls are too indecisive to determine where this is going to go so investors have to realize that its not only investing about for today, its investing for the future and our futures very uncertain right now. Ashley its interesting because i saw an opinion in one of the newspapers, National Newspapers, who said you know what, the democrats are good for the markets because democrats love to spend. The markets like lots of money out there. Lots of liquidity. Yeah. I mean, theres a lot of truth to the fact that the democrats love to spend. We have these massive stimulus programs going on. If these stimulus programs continue, you cant really say for certain that they wont help the market because so far, they have been the octane behind this market. This market hangs on every word of the fed and if those policies are continued, i think you are going to see more inflation. You could see, could see more inflation of financial assets. That creates a greater vulnerability in the future. Ashley right. All right. Lets move on, jeff. A subject you are very happy to talk about, streaming. Because netflix is taking a page out of disneys book by streaming its own musical. Wha