Weve got a jampacked show for you. All that and so much more on making money. All right, folks, the market continues its effort at trying to find its footing but an early rally really fizzled pretty quickly in the fog of uncertainty that includes growing worries about the election outcome and speaking of politics how important is it for another round of stimulus . I say without it, this rally could get slammed. And its beginning to happen. Even as big names like apple and microsoft drift, folks, some of these other momentum names like cloud names are acting great. We will dive underneath the numbers here for you. Meanwhile amazon in fact got an upgrade this morning new share price target. Tesla has a new target of 515 from 480 at piper sandler. But you might be thinking about buying these value stocks, right, you keep hearing about it. The problem is though what is a value stock because not everything thats underperforming is on sale. I know the old sweater analogy, right, it is really popular but just because a sweater that you were spying is now on sale for 40 bucks doesnt mean it is a value. That sweater might have a stain that cant be removed. There are a lot of questions. Kings view Wealth Management cio fox business contributor scott martin, 1847 financials grant branch and Wealth Enhancement Group senior vp nicole webb. Here are the questions forfor you for you, should investors be looking to get back into momentum stocks before they pick up steam . Let me start with you on this, nicole, because earlier in the session they were acting pretty good and of course we know that these are momentum stocks. Once the train leaves the station, it moves pretty quickly. Yeah, i think the first thing that we have to address always, go deep inside yourself and check in, are you becoming are you following the discipline of momentum . When the trend gets too strong you start to pare back. That doesnt mean you buy the stained sweater but you look for the dislocations available in the market and where you are about to see momentum begin to pick up. Charles i feel like the old show, im not i grab the pebble from your hand on that one. Im going to greg because he can help me focus on this a little bit more. Listen, i hear what shes saying honestly, but greg, the bottom line is going back to these same names has paid off huge for investors. So you can understand why people would want to do it over and over again. Yeah, i do understand that. And in the midst of this volatility until we have the certainty of an election outcome, that may not be a bad idea. Some of these names are poised for much stronger growth in the fourth quarter. They are still well positioned. They are poised for a strong 2021. Id look specifically if youre focusing on momentum, on stocks that are suited to outperform again in 2021. Theres some that have experienced structural change like the e retailers, were growing at 18 with 1 annual growth in december. Thats now jumped to 30 penetration from 18 . So thats a structural tail wind that you can bank on. Those earnings will continue to grow and power through in the next few quarters. Charles scott, youre one of my favorite traders. Are you looking at momentum right now . Thanks. Charles some of these big names that have pulled back, apple for instance, some people may say apple is actually breaking down but the old axiom is buy low, sell high. Yeah, whats funny is charles a lot of those names you mentioned whether its apple, microsoft another one we have had our eye on, are coming down to moving averages which is pretty interesting or support levels for the last few months that will be kind of indicative of where these stocks go from here. We own all these names. Were not looking to add to them just yet, but i will tell you to stay with the stained sweater analogy here, youve got to buy stuff that looks ugly and looks stained right now i think in this market because that rotation is going on. I am not afraid to say it. We have been buying it. Its stuff like financials, jpmorgan, citigroup, with the new controversy going on with the ceo, great opportunity to get in there. Travel, leisure, hospitality as well as restaurants. We have talked about darden restaurants, expedia, luv southwest airlines, companies that looked like they were completely stained, completely going to be left on the rack at the store and all of a sudden people are buying them because they have been so trashed, they have been so discounted, and thats where you will see returns going forward. Charles right. Nicole, every stock thats down though, right, for a while if you werent one of these half a dozen tech names, maybe a few of these cloud names, you were considered quote unquote a value name. I dont know that we really want to, you know, because thats a pretty wide swath of names. Are there some names out there or some sectors out there that have been overlooked that you think are really good now entry points . Yeah. Absolutely. I think, you know, theres a story to be told there about the global restocking thats still happening. Think about the things you couldnt get on the shelves for months on end, products that have a shelf life two plus years, the staples you put in your war room, that was sold out around the world. Theres a lot of restocking that needs to happen. In addition to it, when we start to talk about value, i think with as much as guidance were getting around low Interest Rates going back to what we saw about ten years ago, we are going to see people start to buy dividendpaying stocks, willing to buy at various price points to create that type of both constraint around liquidity, create the Dividend Income stream, but also start to take a hold around just how do they create kind of bumpers on their bowling alley, when theyre willing to take on more equity premium risk in these momentum stocks, knowing that it goes up, it goes down but i need a safe place to take money from when i need it if i need it but i want to remain invested when rates are as low as they are. Charles i want to talk about the impact of the consumer on the economy and the markets. We just got Consumer Sentiment numbers out, greg, that came in better than expected. We hadnt seen that in a long time. In fact, of all these Economic Data points, almost all of them look like a v. Consumer sentiment looks like an l. How critical is it that we get the consumer and really you know you talked about the consumer earlier that the consumer holds up their end of the bargain and what role does fiscal stimulus play in that happening . You hit the nail on the head, charles. In order for the consumer to hold up their end of the bargain, our government needs to hold up its end of their bargain. We need there to be stimulus, job growth, continuing confidence. Without the architects, without the government kind of shaping and nurturing that without job growth kind of persevering that, i think were in for a rocky road ahead unless we get that stuff. Charles i tend to agree, scott. Where are you on that, scott . I know you have got some defensive areas. You are in gold. You have done well there. Youre conversely buying value. In a few minutes we will hear from President Trump about a vaccine. Im getting concerned about serb certain parts of the reopening trade. Where are we with all of this . Some of those moves we have talked about in southwest have been huge. I dont blame you for taking profits there. You should pair back and wait for a pull back and maybe wait for some more. With regards to the consumer, im not so sure. The Consumer Sentiment numbers from university of michigan im an Ohio State Buckeyes fan, but we will take the data they give us. The numbers look pretty good. With the expectations and current conditions, charles, are the highest they have been since the pandemic began in march. To me the consumer is starting to feel more comfortable, either getting support from the treasury department, starting to see maybe less furloughing going on, so to me the consumer names are where you want to keep an eye on. Dont forget, a lot of the names we have talked about in the restaurants and travel industry are still way off, talking 20, 25, 30 percent potentially off their highs from january and february. Charles interesting, there was a rumor or story actually that dave busters may go bankrupt and then this morning two firms upgraded dave busters. Your point is absolutely right. Wall street is looking beyond the scuttlebutt and focusing on the opportunities. Ive only got a minute to go. Nicole, quickly, if you can, whats the greatest risk right now for the market . We see it looks really weak right now. It looks vulnerable right now. People are afraid. Is it the tiktok drama . Is it the washington, d. C. Drama . Is it the election . What are you most concerned about . I would say that the only thing that im really concerned about right now is that people let their bias about the up coming election keep them paralyzed from investing. We have got to grow our way out of this on the back side. We pumped in unpresent ded amount of unprecedented amount of stimulus, liquidity. The money needs to be spent and invested. Growing our way out is on the back side of covid. People who arent paying attention to that arent seeing the opportunity in the market, they are going to shoot themselves in the foot. I think they will miss out on some opportunities as we continue to grow and excel on the tail winds of additional stimulus and additional liquidity. Charles right, amen. I couldnt have said it better. I love the way you laid that out for our audience. Nicole, greg, scott, thank you all very much. Have a fantastic weekend. Congress and the white house appear to be inching closer towards more stimulus. Republicans and democrats say that they both want to negoti e negotiate. And yet they still continue to play the blame game. So the white house, though, really i think its the white house that may get this done, letting it be known they are okay with the 1 1 2 trillion dollars relief effort. Will it happen . I want to bring in Tennessee Republican senator and author of the mind of a conservative woman senator marsha blackburn. Senator, thank you for joining us. You know, yesterday larry kudlow made comments about perhaps 1. 5 trillion dollars. Your colleague senator kramer was on the show with me yesterday, he acknowledged it could be 1. 5 trillion. You know, i think the stakes are too high for the politics that are going on right now. Whats your feeling on this . We were really disappointed last week, charles, and you and i talked about the bill we put on the floor. We felt like that was a great place to say lets check these boxes. Lets get this ui done. Charles right. Lets get the ppp done, money to the schools, vaccine money that needed to go, testing that needed to go, and we were really disappointed that they chose to say no. So we will see if theyre going to come out with anything or not. They want the issue. They want to keep you locked in your house. They want the American People to suffer, and they are looking they are really using this they think that keeping you locked down, not getting a check, is a way that is going to help them win, but i got to tell you, i think they are misjudging this. Charles well, i tell you what, its hurting those places, and we just got numbers from the bureau of labor statistics. It wouldnt surprise you to know that new york state has a 12 1 2 unemployment rate. That california has a double digit unemployment rate. All those states that tried their best to get people back into the workforce, alabamas and the georgias of the world, the tennessees of the world are looking significantly better. By the way, speaking of tennessee, i want to ask you about, its a local story, but it is making national headlines. This report in nashville about uncovering what it looks like its a coverup by the Mayors Office to keep shockingly low covid cases numbers down. Out of the eye of the public, what do you make of this . I have heard more about this in the past 24 hours than just about any other issue. People are incensed. There should be a full investigation of this. If these city employees, the Mayors Office, if they decided they were going to manipulate this information, and mislead the public on this, then of course they are going to have to have accountability on that. You have a lot of businesses, a lot of minorityowned businesses that have been shuttered. You have people that have lost their jobs. You have places that are never going to reopen because they made decisions based on what they were hearing from the Mayors Office, and now to see this email chain and to hear this, i mean, charles, this is something that is completely unacceptable, and of course, youre going to see an investigation and accountability and this Covid Task Force and the metro health department, i tell you what, there needs to be a little review and maybe some House Cleaning that takes place in the Mayors Office and over at the health department. Charles it boggles the mind. I mean, it kind of the only thing i can think is you guys have so many people coming to your city, maybe it is like when the folks in iceland called the country iceland because it was so nice and conversely the folks in greenland called it greenland because it was so awful they needed to get people in. But it is baffling to me. Good luck with everything, senator. Thanks for your time. Listen, the American Public really needs one more push. Im telling you, im going over the data, im look at something out of the Federal Reserve moments ago, if we can make it happen, lets make it happen. Yes. Charles always appreciate your time, thank you very much. Data means something. We need access to accurate data, and then we dont need people to be playing with it like happened in nashville. Charles yeah. No, that we definitely dont. It should inform us so we make the right decisions. Thank you very much. Thats right. Charles parents are fuming over new York City School delay and now theres growing fear that that delay is going to hold back the Financial Capital of america, the Financial Capital of america, its going to hold back that recovery. We will break that down for you. We are awaiting President Trump. He is going to speak at any moment now. He will give us a vaccine timeline update. We will bring you those comments as soon as he starts to speak. We will be right back. 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Charles, the amazing part of this story is that everyone found out almost at the same time, very last minute. It was a huge shock to administrators teachers at the school behind me tell they are angry and of course parents. It is adding another setback to the comeback for the big apple as parents have to scramble to get child care. This in turn affects companies. You have administrators that really just found out at the last possible second. One principal emailed all of his families, broke the news down and then signed off that email with quote, im just as mad as you are. So the countrys Largest School system at this point needs to hire 2,500 educators in less than 12 days. And details about the recruitment process are still a little bit murky, leading some to believe that this could create further delays for inperson learning and slow down the citys attempts at overcoming covid. Listen in. Were making decisions on education right at the very last minute. We dont allow this in businesses. I dont know why its allowed in our schools. Businesses like parents need to be able to plan for the future. Right now we dont think the city has any plans whatsoever. Were talking about planning. Its been a little bit difficult for families here. Theres a lot of talk about an exodus. New poll shows that 44 high income earners those making six figures or more have considered leaving the city within the past four months citing the cost of living as a major concern. And i mentioned this stat because these high income earners are major contributors to the income tax revenue here in new york city, roughly 80 of it comes from them. So overall, charles, we have a situation, administrators, families have to wait, but i know they are hoping that inperson learning will be delayed no further. Back to you. Charles everyone is hoping for that, kristina, thank you very much, appreciate it. Joining me now folks New York Post columnist carol markowitz. In your New York Post column you say postponing inperson learning is a serious dereliction of duty and the mayors basically telling parents to give up on new york city. Thats right. The reporter just said that people were very surprised, shocked by this setback. I wasnt. Anybody who follows me on twitter knows that i was expecting it and said it on fox programs many times. I dont think schools are opening on the 29th either. I dont know how theyre going to be able to hire all of those teachers before that date. And i think its just too bad that were in the situation where school has become such a last priority. Charles you know, its interesting, the ramifications for this go it covers so much from prer children who dont have laptops or special needs kids or kids who need to be in person to learn, to the economic ramifications, th