Market, they see the s p going up another 8 by year in based on vaccine optimism, apple is helping the dow and the overall market as well, david big reveal of new products including a new watch, the stock premarket is up three box, better than 2. 5 , we have ray wang back on the show he sees apple going to 150, it is now 118. Im going to show you amazon, the Accounting Firm deloitte expects on explosive 25 35 gain in online sales this holiday season, amazon is up 37. Seven weeks exactly to the election, heres the Campaign Schedule today, joe biden gets out of his house, theres a headline, heads to florida to address the hispanic vote, Top Democrats are worried that hes been playing it too safe, Bernie Sanders wants him to harden up his message and apparently he is listening, on monday called the president a climate arsonist, strong staff, who is writing his teleprompter, is he in control of his campaign . We will ask, big event at the white house. The president witnesses the signing of two mid east deals, it is a sea change in israels relationship with two arab states and maybe more to come, the president will contrast these deals with obama biden mid east record. River great show coming for you, a warning to china, a warning to iran and everything the president said on fox friends this morning, Varney Company is about to begin the Green New Deal is a farce, it would cost 100 trillion, that is more money that we could make in 100 years, that is ridiculous, if you look at biden he is reading notes and teleprompters all the time and he does not read them well, then when his guy gets asked about that, he makes a fool out of himself when he cannot answer the question because he knows its true. Stuart that was the president moments ago on fox friends and he called out for the prompter problems, we will deal with that, my take given by me at the top of the 10 00 oclock hour. The other story of the morning is money, were starting with s p, modest gain at the opening bell, began yesterday, goldman said the selloff is on its way out and by the end of the year that indicated the s p will be up 8 from where it is now thanks to the vaccine makers, on and mike murphy, what do you have to say about vaccines, you think theyre the catalyst for growth of the market . Good morning, the good news is they are a catalyst, not be catalyst, theres so many other things that could push the market up, the one negative icy is election risk but half of that you have vaccines, you have the ruling in pennsylvania where they say shutting down nonessential businesses is against the constitution so people are going to go back to work, theres so many positive out there and i agreed with goldman boat were not new hi. Stuart i have new doubts about the vaccine be in a new catalyst for the market to go up more. We will discuss that later, i want to talk to about jamie dimon, top banker in america says the recovery could be shortlived, the economic recovery short line because the lack of a new stimulus deal, the election and a new infection, he is talking about the wall of worry that the market has to climb to go higher but you still think is going higher from here . I do, i think the point that jamie is trying to make is there is risk out there, if corona spikes across the country and we start chatting on businesses again, that is a negative. But i think where i will disagree with jamie dimon, we were gone down that road, if that were to happen which i dont see any statistics that tell me is going to, but if it were we know its something that we deal with and get over, the market tanked in march and then we rallied right off those lows to new highs within a few months. Even if we get a selloff based on one of the things that jamie dimon talks about, it is going to be a dip worth buying and the market will continue to move higher. Stuart hold on a second mike i want to deal with the other big story of the morning which will be apple, big september event kicks off in a couple of hours, susan, what are they going to reveal today. Susan were expecting a new apple watch, new ipad air, maybe so much more, im so excited, next month in october, you have to wait for the new 5g iphones, it will likely get to new apple watches, one that is cheaper so this is called the watch six series, thats whats anticipated. New Health Features including blood oxygen meters, better sleep tracking, might be more fitness programs for out home during covid, watches her big money makers for apple, they are 140 company on its own doubling in the past year and the watch make it a path of the sales. We are also expecting a new ipad air, the last model came out in march of last year so its time for a refresher apple, lower price, more affordable than the ipad pro and you get a new sleek edge to edge display, i like that maybe 5g capable as well and the ipad still dominates global capitalist sale and apple does making it the third which is almost second or double the closest competitor of samsung in terms of tablet sales, inc. Of this is a taster before the 5g launch next month. Stuart quite a reveal, while i got it. Hey murph, you own apple, everybody got a piece of apple in the stock market, now priced at 118 bucks a share, where you see apple going. I think apple will take out the previous ties very soon, that was up on over 130 a share in the people watching at home running into the split, apple had a run from 115 to almost 140 then it sold off from 140 down to where it was yesterday 115, 118 this morning, if youre sitting at home and have not zoned apple when can i get in, you take a 20 holdback, thats the time are you getting, if your long the stock, stay long because as susan pointed out, this watch is not about a watch on your wrist, this is about health, healthcare, 100 Million People in this country who are suffering from obesity and apple is looking to tackle that problem, its not a big problem and not a big potential for apple its a massive potential for apple, although it is a watch, its really healthcare, watch that closely. Stuart i shall remember that, see you again soon, was get the latest on the hurricane. Off the gulf coast it makes landfall later tonight, we believe Grady Trimble is on the ground in mississippi any evacuations. The stronger winds and rain are picking up, you can see were in a parking lot in the water is already moving in from the gulf into the parking lot here and thats a real concern in the southern mississippi coast and the storm surge combined up to e flooding not only here on the coastline but potentially in the interior area as well and in biloxi in terms of storm prep, there are a lot of boards upon homes and a lot of businesses closed like restaurants down the street and you can see down there, those buildings are the famous casinos in biloxi, one a hard rock, every casino in biloxi in the gulf coast of mississippi has been ordered to close because of the storm inches his way toward this area. Stuart grading is in the middle of it, thank you very much, ash come into this, do we have the usual and expected uptake in the price of oil because of gulf Oil Production shutting down . Ashley maybe a little bit but not as much as you would think, dont forget hurricane laura came through three weeks ago and already we saw a lot of the Gold Production shut down right now about 21 of goal Oil Production at 25 of natural Gas Production has been shut down as Hurricane Sally slowly bears down, that means close to 400,000 barrels of crude or offline in about 25 of the natural gas output, that region produces 17 of the u. S. Crude oil, 5 of the natural gas output but back to your point, oil is up ever so slightly today, all thanks to the oil glut and the lack of demand, we have not seen prices rise despite the disruption from the storms. Stuart by the way the price of gasoline is going down, it was 223 National Average a couple weeks ago now it is 2. 18. I find that interesting, glut of oil. Facebook, facebook is launching a Climate Change information center, lauren are they going to decide what is right and what is wrong and climate coverage customer. Lauren it sounds so fancy, they are going to provide information about Climate Change based on science and they say the reason is to combat myths and misinformation that are often spread on the platform, most recently we saw this with a wildfire in the west, this is going to be similar to the information hub that they set up about the pandemic and covid19 and since then facebook has taken down 7 million post for a pandemic misinformation and they also slapped another 98 million with a label, i would say they are not deciding what is right or wrong, they are just saying will give you the information based on science, so you decide. Stuart all right lauren, i will believe you. Question, are inviting and joe biden voters getting worried hes reading from a prompter, it doesnt seem accusing control of his own campaign, i will have mike take ethicon for the 10 00 oclock hour, to the election President Trump welcomes the idea, he welcomes the idea of a fourth debate moderated by superstar joe rogue, what if joe biden would expose himself to a joe rogan grilling with no prompter. How did a proposal like this get started in the first place, weve got that story for you, walmart is here, the new Subscription Service for the amazon prime but what else does it do for you, what else do they offer, we will tell you, lets get back to futures, you will like this, up again this morning, 200 for the dow, 143 for the nasdaq and well be right back. 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. Will i give you my world how can i, when you wont take it from me you can go your own way go your own way your wireless. Your rules. Only with Xfinity Mobile. Stuart we have the latest read on industrial production, ash tell us how are doing. Ashley how about this for a number 0. 4 , that is disappointing the number is expected to be 1 , july it was 3 in june it was 5. 7 which is the biggest month in 61 years, the trend is not great, it is slowing down industrial production, this number 0. 4 a little weaker than expected. Stuart tell me about walmart, they launched amazon prime buster walmart plus, what a way get with walmart plus . Lets run through for you, walmart is going toe to toe with amazon by launching the new Membership Program today, walmart plus will allow subscribers to get unlimited free delivery at a faster same day they more than 160,000 items with instore prices by the way, the big question, how much does it cost, it will cost you 98 bucks a year, about 2 a week or 1295 a month, homer is offering a 15 day trial so you can give it a try before signing. As you go through this, the new Subscription Service will offer members stand and go, tough free way to shop store, you can use the walmart app and scan your items as you shop and pay using the walmart pay app, it also gives discounts at the gas pumps by the way up to 5 cents a gallon at certain stations, walmart and murphy stations, all of this offers amazon prime which is launched amazingly 15 years ago and now has 150 million members who pay mo more, they pay 119 a year or 1299 a month, to faster shipping a discount and amazon holds the supermarket, a question is, does this, how big is it and can walmart make into the space against that we know is amazon, probably can make its way but the question is it is cheaper and with 15 day free trial, its interesting to see how many people will be enticed. Stuart at least they are trying, at least walmart is making trying to go up to amazon, the amazon of delivery and online shopping, at least theyre trying in the back to 138 i see, thank you. By the way susan, is walmart still in the running to get tiktok. Lauren they say they are, the reason is advertising to a young growing demographic, thats a lucrative prospect, ecommerce selling is good online to 100 million users in the u. S. And growing, walmart said it would talk further with bytedance and other interested parties, this is after microsoft announced they did not win the bidding for tiktok, its not clear the oracle is opening the door to walmart that is still question because its outright sale in the recommendation to a white house. Stuart i dont know whether oracle is going to get it, i dont know whether microsoft will get a piece of the action, i dont know whether walmart will get a piece of action, and i dont know how much the treasury will get out of this deal, its up in the air. Susan the talk is a treasury will get the 25000 jobs that tiktok has promised if the oracle deal does go through and headquarters will be based here in the u. S. , we dont have anywhere detailing in terms of pricing or what other cut the u. S. Government will get in the oracle deal. Stuart one more, tell me about chinas version of tiktok, inside china. Is started in china before elsewhere in the world, they have 600 million daily active users, 600 million daily active users, that is 12 times the number of daily active users in the u. S. , theres only 50 million daily active in the u. S. , 100 million monthly and tiktok is known to help its creators, they make money, they help the creators make money by connecting them with sponsors which is the reason why tiktok is so popular and in china 22 million creators making over 6 billion on the social media apps, think of it as a growing moneymaker which is enticing for a lot of the influencers to move to tiktok instead. Stuart none of that china tiktok is coming here. 0 absolutely 0. Susan thats a Growth Potential that tiktok can offer. Stuart by the way everyone google, youtube is a part of google, they are offering and launching their own version of the tiktok app is called shorts, testing begins in india where tiktok is banned in his experience just countries after that. Premarket alphabet, that is the google stock up 15 bucks, that is up 1 . Lets get up to sports betting, ashley is going to tell us why draft kings and caesars are teaming up with espn and why thats important. Ashley i think it is a sign that the industry is going, marriage between sports brokers, steamed casinos and Online Gambling sites. Espn says it will use caesar sports which is provided by william hill, its a sponsor for fantasy products and draft king will act as the daily Fantasy Sports games and a sports book provider. Espn also launched a recent sports gambling studio at the late hotel in las vegas and draft kings announced Michael Jordan will be advising his board, big names, big cities, this is where its going to spite the fact that sports itself is been so severely hampered by the pin to make that so many more states have legalized sports gambling and as a result we are seeing the partnerships come together unless we get sports back online if and when this will be a huge business. Stuart sit in the bar with your ipad or your tablet, watch the game on tv and gamble as you drink. What could go wrong. [laughter] calm down stew. 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