Town halls. Who came out on top . I will ask. Also coming up, pfizer announcing it will hopefully be able to move forward with its vaccine next month as americans try to hold out hope. We have the very latest on the trials and how they impact the investing. Of course, its all about your bottom line. We will talk about that at the bottom of the hour. All that and so much more on making money. Charles all right, folks. The markets bolted out of the gate initially powered by higher than expected retail sales through september. Huge number, crushing wall street. In fact, overall, up 1. 9 . The street was looking for up. 7 . More than 300 more above the 0. 4 in consensus and the control group which goes into the gdp report, up 1. 4 . Department stores, they saw a huge rebound, clothing popped as well. Even the internet, its interesting, though, because it had a more pedestrian move. Meanwhile, restaurants, they picked up really nicely as Grocery Stores seemed to have plateaued. Auto sales were also a very big winner as folks seem to continue to flee to the suburbs. Also, eschewing public transportation. There was an extra booster shot from Consumer Sentiment numbers out from the university of michigan. The reading of 81. 2 from 80. 4. It was the Third Straight month gains, even though Current Conditions slipped a little bit. The consumer, we know twothirds of the gdp has a lot of dry powder going into 2021 so what does it mean for the market . Lets ask rob luna, erin gibbs. Part of my investment thesis for next year is that we have consumers with record low debt to disposable income, over two trillion in savings, rising wages, improving confidence. I think it could be huge. How do you see their impact on the economy and the stock market . So absolutely, charles. I think we are really dependent on the consumer. I do believe we really do need a solid stimulus plan and a little more direction from our government for investors to feel consistently more confident. Obviously the retail sales were great but we did have some disappointing numbers when it came to unemployment. I think we are going to see this good news bad news type of sentiment for some time to come. But absolutely, consumer and i think youve really got to focus on your themes because some companies are going to be left behind and some are going to be big winners and its clear that its anything surrounding the home, Single Family homes versus apartments, moving to the suburbs, cars, getting pets, all of that is really where we have seen big winners moving ahead and obviously, Internet Sales as well, of course. So thats where im really focusing on are what are going to be the Companies Leading us into the next quarters. Charles rob, your thoughts on the consumer leading the way next year and how to make money on it. Yeah. I agree, charles. I think erin brought up a good point. For this to continue to have legs, we are going to see a stimulus package, because there are some people that are still hurting out there. I think for the next leg, we will need to get something done. What i would say, though, i think a good thing you mentioned is we are starting to see restaurants pick up. Those type of retail areas picking up versus just stocking up on Procter Gamble toilet paper, paper towels, those things that have led us. I think going into next year, i would start to play some of those themes that havent done as well. I really like disney here. Thats actually been demolished obviously because of the theme parks. Those are going to be reopening. You see disney plus doing real well. Lets remember, theyve got three new cruise ships, 21, 22 and 23 that will hit the market. People will want to have those experiences again with their family. Charles you know, just an aside, i think one of the major cruise operators, they will have a ship leaving italy next week. I thought that was an amazing story. I wish them all luck. Remembering how hard italy was hit and they were the first nation to really take it on the chin outside of china. Now, you mentioned buying disney because its down. One of the facts we do see today is that the biggest winners happen to be the biggest losers. Of course, im talking about Companies Like general electric, long fallen off its perch as the biggest and most admired company and stock in the market. Today, for the most part, number one percentage gainer. Boeing also the number three percentage gainer after the company got the green light for the 737 max. The pair leading industrials which by the way, industrials over the last three months have left the overall market in the dust. So rob, are you buying any of these industrial names . Yeah, no, we are, charles. We like the industrials here. When we look at our dividend portfolio, its really dominated by some of these industrial names right now. You talked about auto sales. We like genuine parts. As you see more cars on the road, you are going to have the need for replacement parts. We like 3m here. 3m is yielding 3. 5 . Last time we saw that was in the recession, 08 and 09. Those are two good names that give you good income here and have got some good positive momentum behind them. Charles erin, i know you have been making a move toward these sort of underloved sectors for awhile now. Anything in this particular space or Something Like materials that you like hoer . So in materials, Construction Materials are doing great. Sherwin williams has always been a favorite of mine. Not so sure about boeing. I think the positive news today, you still have to get people to buy. Im a little more cautious about some of those. And im really still focused on big cap old school tech. Ibm, intel. I think those are the companies that are really going to see more longevity going forward. Charles all right. I hope youre not playing pong after this show. You are going back to its been awhile since they have led the market although ibm did the right thing finally. Hey, before i let you all go, whats going to be the most important input for the market next week and your favorite way to take advantage of it, quickly, if you can. Erin, first you. So i think again, next week is a smattering so i would say really like look at the retailers that are going to do the early Holiday Shopping season, even though they are not the reporters. Walmart, target, amazon. I think their news about early Holiday Shopping is actually going to overshadow the Earnings Report next week. I think these are the guys that are going to be the winners. Charles rob . On tuesday, weve got new Residential Construction numbers coming out. Its going to be important that we see that continuation of strength. To continue your theme. The way to play that is through toll brothers. Thats been a stock thats rocking. I continue to see it happening in the next week. Charles great answers, great having you on. Always appreciate it. See you next week. Have a great weekend. I want to shift gears now. Lets go to the heartland, the farming economy, because things are improving pretty rapidly and the stock market is taking notice. This morning, Farm Equipment maker agco fetched its third brokerage upgrade since last month. This stock, by the way, began the session at a 52week high, up 110 from the march 23rd low. One of the reasons these Farm Equipment companies are coming on strong is because farm commodities like soybeans have been erupting higher. China has begun to step up its purchases per the initial phase one trade deal, Soybean Prices now higher than when President Trump came into office. The question is, how long can this last and how can you make money on the rebound in the farm economy. We had to get them. The cal gow guy, scott shellady. Farmers seem more confident to me, certainly they have been helped by government subsidies as well but can agriculture now take it to a higher gear . Yeah. You know, theres a lot of stories floating around out there. Obviously we have our biggest customer back, thats china. Chinas purchases over the last eight weeks, sometimes they are setting record after record with what they have been buying as of late. Thats great news. Number two is weve got demand coming back domestically because we are opening up the restaurants again. You saw stories about Dairy Farmers dumping milk down drains in march. Now that stuff with schools coming back online is also coming back to life. Then the last big thing that we really havent talked about but the usda is talking about it is the fact we just have less of the stuff around. It was a very dry summer. Towards the end especially. So what you thought you might get out of the soybean and corn fields, we are just not getting so we have less of it with more demand and the charts are showing you what that looks like. Charles does agco got an upgrade, do you like any of these stocks associated with the farm company . Yes, i do. You know why . Guess what led us out of the 2008 recession . Agriculture. When that turned around, the rest of the market really went. You have to keep that in mind. I love it because look, we have to rely on mother nature. Its a difficult trade to make. But when 2008 happened, we were at the depths staring at satan, what led us out of that recession, i firmly believe, was agriculture. Keep an eye on it. Charles i love it. The heartland took us out of this. Let me switch gears for a moment. Crude oil moments ago, baker hughes released its update. Oil rigs now, 205, slightly higher again. This of course after the whole thing bottomed out this summer. Folks, drilling activity dropped to a 122year low. I personally have written off these oil stocks. Inventories are declining. The group is looking more intriguing to me. Where do you think crude goes from here, scott . You know, i think it goes sideways. I like to think it goes sideways to slightly higher because i do think with our own domestic demand, slowly but surely coming back online, that will be the case. But you can see in those futures products, we are not really expecting a massive hike of prices. So with the consumer as healthy as they are but not having to do anywhere, thats another issue, we have got a lot of we have oil on our hands. We are not using as much of it. We have a very low rig count but theres a reason for that. I still see it grinding sideways to slightly higher. Charles to your point, energy was the big gainer yesterday. Today its the only losing sector in the s p. Folks, put it on your radar. We will bring scott back because he is the man when it comes to all of this. Its been too long, my friend. Have a great weekend, scott. You, too. Charles all righty. Hey, vaccine hopes have investors cheering but the folks at home, are they still as optimistic . We will break down all of these surprising trends. First, President Trump and joe biden holding dueling town halls last night on rival networks but only one candidate came off more like a debate with the moderator while the other was throwing soft balls. I will let you guess which one. Tweet me. We have more when we come back. Did you know you can go to libertymutual. Com to customizes your Car Insurance so you only pay for what you need . Really . I didnt aah ok. Im on vibrate. Aaah only pay for what you need. Liberty. Liberty. Liberty. Liberty. That selling carsarvana, 100 online wouldnt work. But we went to work. Building an experience that lets you shop over 17,000 cars from home. 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Well planned, well invested, well protected. Voya. Be confident to and through retirement. Charles President Trump talking to seniors at ft. Myers, florida. He Just Announced a Public Private partnership with cvs health and walgreens to provide free vaccinations to residents of nursing homes. Lets take a listen. Cape coral mayor joe coviello. Thank you, joe. Great job. Great job. Were also tremendously honored to be joined by world war ii and korean war veteran, a very brave guy, wally cortese. Thank you, wally. You look good, wally. Ill tell you, two wars and youre looking good. Thank you, wally. Appreciate it. Beautiful. Thank you very much. Thanks also to all of the members of the vfw golden gate honor guard. Theyre with us today. Thank you. Thats so great. Huh . Thats so great. Vfw. Fantastic job. Thank you very much for being here. As i fight to protect our amazing seniors from the china virus, im also fighting to protect you from another danger, one which threatens everything we cherish, value and worked our entire lives to build and to defend. As we gather today, seniors are under threat from a radical Left Movement that seeks to destroy the american way of life. Were not going to allow it. Charles President Trump in florida taking his message to seniors. Meanwhile, the president and former Vice President joe biden holding dueling town halls last night but if you were watching President Trump on nbc, you would think it was a debate between the president and the moderator. Watch. That was a retweet. I will put it out there. People can decide i dont get that. Youre the president. Youre not like someones creepy uncle who retweets me whatever. Theyre dumping garbage we could go all night which we wont. Will you denounce White Supremacy . Have yyou have done this to. I denounce White Supremacy, okay . Charles a quite different scene at the biden town hall. Take a watch. I have not been a fan of court packing. Youre still not a fan . Im not a fan. It depends on how this turns out. Make it clear, i do not propose banning fracking. My deal is a crucial framework but not the new green deal. Really terrific questions. I think you did a service to our mom ra democracy tonight. Thank you very much. Charles by the way, not a single question about hunter biden and that bombshell New York Post story. Joining me now, beverly halburg. Beverly, your assessment of how things went last night in these dueling town halls. I think the dueling town halls showed the stark difference and striking difference between how these different candidates are approached by the media. Heres the thing, though. This actually benefited donald trump because his ratings were higher for the nbc town hall and thats because its more interesting, more energetic. People wanted to watch that. The type of questions and the type of media appearances that joe biden is doing, theyre not very interesting. Theyre not very exciting. So in the end, i think this benefits President Trump because hes willing to take them on and hes willing to always have entertaining tv, whether you love him or hate him, its something to watch. Charles well, that brings us to this weeks winners and losers. Start with the winners. My first winner also from last nights town hall, when President Trump let his guard down. Lets take a watch. Good evening, mr. President. Thank you very much. I have to say, you have a great smile. Thank you. Thank you. He does. Youre so handsome when you smile. Charles i got to tell you, President Trump seemed like he was really he even looked like he was blushing there. I think he was a little bit caught off guard. Hes so used to the tough questions to have anybody compliment him, especially just on his looks, i think it threw him off a little bit. Heres the thing that is just sad in todays day and age. For someone to even stand up and give him any type of compliment, they are going to get a ton of backlash for it. I think its nice that we can give each other compliments and im glad this woman stood up and did so. Charles all right. My next winner is nba allstar jimmy butler. He actually started his own coffee shop while he was inside the bubble and if you know his story, its the ultimate underdog. Braer barely drafted into the league, now one of the premier players. I want to skip to the next one even though i know you are a basketball fan. Perhaps the biggest winner of the week was judge Amy Coney Barrett. She didnt need any notes in her comatiireaonrion andon and and soly rte ciranes acles adroun em. H hebs abselyy cshed. Of crse that tent tttentt t lnheased athathathat hed on not oe p aadhe hhedhed d it u it andai oynlhe unid stst satesateesatendhe had that e t ha went w atng witng w w it. 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