Polls. I will ask liz peek for her thoughts and more all that and more coming up on making money. Charles so after failing to hold on to early gains the market is Building Momentum to the downside. We havent gotten into panic territory but theres a fair amount of frustration especially coming to nasdaq which continues to stumble. Well see what this is all about. When it comes to the economy, well the u. S. Consumer is in very strong position right now. The lowest disposable income ever. This powered credit schwarzenegger to the highest point ever. Wall street is looking 2021 earning to eclipse 2019 although there was stronger yearoveryear estimates when you go back to july. Back then the street was looking to 32 increase. As of this weekend a 26 increase. As for now the market continues to grapple with the inability to widen the rally as the same names move higher. When the growth names falter the entire market falters and become vulnerable. Who is iroing wolf . There still fiscal stimulus headlines out there. I cant imagine anyone is investing in them. Lets look what the markets are looking forward as we move forward. Shah ghailani, Blueprint Capital advisors jacob wall tower, and shana sissel. Shah, let me start with you, all talk of stimulus, market moves on earnings. Looking forward to 2021 i think they will be up substantially the question is are they high enough now for the markets getting back to new highs . I think getting higher. Analysts already started to raise the estimates for q3 reporting companies yet to report. 10 s p company have reported, charles, 86 of them beat on earnings numbers by a pretty good margin. The fiveyear average is 73 beat. Already doing well. Granted a small sampling of the s p 500 companies. Analysts are starting to raise estimates for the rest of the group coming out and for the Fourth Quarter and 2021. Those are all positives for the market. Charles right. Shana, to that point there have been more positive preannouncements for the Fourth Quarter than negative announcements which is odd. Typically there are more warnings certainly this year. How are you feeling about earnings . Ultimately it is earnings that move the market. Are they moving in the right direction for you . Like you said were seeing positive earnings outlooks for going forward. Analyst estimates are coming up as is already pointed out. 86 are beating. It is more than that it is revenue too. 82 have beat on revenue surprise. So those are all really positives. But the market is not necessarily moving on the earnings. What is being underappreciated is that the Free Cash Flow margins that are really helping a lot of these growth companies. In a low rate, low growth environment, Free Cash Flow is king and those companies are the ones that are leading right now. Charles jacob, your thoughts where we are. I know it is early. I like to focus on this because im not so much on the stimulus talks as i am on the bread and butter markets and that is earnings . Sure. I think it is great were having a positive earnings season. I think it will continue. I think it will continue this quarter. I think well into 2021 well continue to see earnings surprise on the upside. However, i dont think that were going to trade entirely on the earnings. I think well continue to see a market that is going to trade on fundamental dues and i think you will see a market that is going to experience tremendous liquidity flows as Savings Rates continue to go up in the u. S. And the fed committed to Holding Interest rates at near zero. Charles well, you know, thats a good thesis for the market also. I think it couples with my big investment thesis for 2021. That is the robust american consumer. I say position like never before to have a major impact particular to unleash everything once a vaccine ask approved. Consumer discretionary was the best former. L brands gap stores. Can the consumer carry this market next year . I think so. I think there might be stalling in Consumer Spending in the last quarter because of the stimulus. When we get into election and positive vaccine news will be good for the consumer. Overall there is a lot of pentup demand. We saw real strong retail spending and freight retail sales in september, mostly online. However there is pentup demand for people to spend the money on actual brickandmortar stores. I think that will continue to happen. Charles right. Especially because consumers have been focusing more on savings. Charles yeah. No, the savings rate over 14 , over two trillion dollars. Jacob, some of these names again will be considered value and you have been cautioning value is quote, dead weight, can be dead weight. Explain that. Yeah. You know look i think the marketplace that were at today is going to have winners and losers and this is a stockpickers market. I think growth, particularly Technology Names will continue to do well as they have for the first half of this pandemic. I think value names are a real potential trap. If you think about a lot of val valladares you names are capital insensitive. They will rely on another stimulus package bailing them out. I think a lot of those situations that we consider to be value could be binary. Either they could rally that would really rely on some type of cure to this pandemic over the short term, or they could end up in that massive pile of bankruptcies that weve seen so far. Charles right. So, essentially hit or miss. By the way im always a stockpicker but i do agree it is more than a cliche these days, you better know exactly what you own. Speaking of overall optimism, the National Association of homebuilders sentiment, that came in at a new lie. Every single component, folks, hit a new record or a high. Six months out 3 points, traffic prospective buyers unchanged again at a record high. Shah, this turn is extremely intriguing because its a combination of things. It is not just an economic thing in my mind. It speaks societal trends, people leaving big cities. How do investors benefit from that . It makes look where consumers are, enough ways for people to buy new homes, bye buy new homes, that bodes well for the market and bodes well for the economy. There is a lot of great material stocks, and talking about construction, Home BuildingEconomic Growth, there a couple i love. Rio tinto in that space. Big miners will do well in 20201. Honeywell speaks across the entire growth of what is happening in Home Building and other areas of the economy. Lots of growing opportunities abound. I think investors need to step up. I think the economy will get better and i think the consumer is in a great place. Charles to that point some people are i buying material names also believing if biden is elected well finally get one of those big infrastructure bills d. C. Has been promising us for a while. Final thoughts what will have the greatest influence on the stock market this week . Earnings, debate, president ial polls, stimulus . Shana, let me start with you, at the end of the day when the closing bell rings on friday, well look back, well say wow, that moved the market more than anything else . I will go a little off what you suggested but i think it will be current covid cases worldwide. We saw a huge spike at the end of last week. I do think that will impact the market this week, especially if there is nothing else in the news cycle that is different than what weve been hearing. I think on the election front we kind of know what is going own. Early voting is happening. But it is really going to be covid cases rising worldwide. Charles just to your point, a headline in italy that theyre asking for curfews now to be reinstated this week along with everything else. Not helping our markets. Jacob, what is going to be the biggest mover . Im not so much concerned about rising cases because i think america has figured out how to transact business and how to get everything it needs into its household, principally using technology. What i think will drive the markets over the course of the short term and the the intermediate term is the stimulus package. At the end of the day corporations have strapped balance sheets. They have no liquidity. Theyre trying to rationalize their expenses and trying to keep employees employed and the only solution to that is a healthy stimulus pack on out of washington. Charles right. The good or bad news maybe we have only 24 hours to go through this agonizing. Either well get it or we wont. Jacob, shah, shana, thank you very much. Shah, he no you wanted to press the i know you wanted to press the point, buy these dips, buy these dips. That brings us to this, folks on this day in 1987 the dow suffered the worst lows in history. It will be forever known as black monday. I was a young stock broker. I was working on 100 commission. I thought my childhood helps melt so i thought. I came to work the next day. I spoke to my clients. I prospected for more. I was surprised people were eager to buy stocks, it doesnt take long for the stock market itself to rebound. Ive learned a lot more of course since that day. Living through that particular moment, i was wondering if really my chance to escape poverty and provide a good life for my family was gone. It was the ultimate baptism by fire but i learned to focus on building a great portfolio of stocks i want to know. That no one else puts together for me and also to never panic t has served me well, my subscribers well and i think the viewers on tv well, particularly those who watch me across all the channels this spring when i implored you not to take big losses. If you had the wherewithal even be a buyer. Investing has to be a lifelong endeavor, which means from time to time you will be tested. How markets recover from crashes differ every single time. They always recover. Keep that in mind. Despite the Mainstream Media and National Polls trying to give joe biden a huge lead. Early voting data says not so fast. Fox news contributor liz peek will weigh in at 2 45. Not only the media and polls on bidens side. Trump Campaign Press secretary hogan gidley, that Silicon Valley leftists are openly bragging about interfering in the election to help joe biden. He will explain next. Hi, this is margaret your Dell Technologies advisor to listen, is to hear more than whats being said. 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Charles twitter is facing increasing accusations of bias as it faces backlash over its decision to censor the New York Post article about hunter biden. The paper revealed dozens of accounts at top employees at the social Media Company showing Senior Executives have a long history of antitrump hatred. As the rnc is filing a complaint over twitter claiming it amounts to an illegal contribution to biden. Joining me from the trump campaign, National Press secretary hogan gidley. Hogan, we knew the social media types were antirepublican and antitrump but this stuff is tough when you see it put out there like this, isnt it . Absolutely. Theyre bragging about interfering with this election. The veneer is off. Youre looking behind the curtain right now. We now know so many people who work at twitter, who work at facebook all worked for democrats in the past. That is kind of the norm out there but for them to try to do this, to our campaign directly is downright egregious, it could be criminal thanks to the lawsuit filed by the folks over at the rnc. Look, this information is important for the American People to know. Joe biden has been lying to us for a long time now about what he knew and when he knew it as it relates to his son and his dealings with ukraine and with china and lets not forget, joe biden was tasked with working on two countries, building relationships with the united states. Ukraine and china. Those two countries gave hunter biden massive millions and millions and millions of dollars in contracts over the last little bit. And joe biden knew about it. These emails prove that to be the case. Thats very problematic. We know ukraine to be a corrupt country. We know burisma to be a corrupt company. Charles right. We know china is a corrupt and communist nation and the press arent even asking the questions . They hauled up all of the trump kids to congress about a russian witchhunt hoax that was completely fake, completely phony and the media, they can only bring themselves to ask what kind of ice cream joe biden has . Theyre not asking anything about this . It is disgusting. Charles you know, hogan, speaking of disgusting, to me, really, what this is all about too, are these Silicon Valley types, their disdawn for people who voted for President Trump. I think that this is something that we really have to consider in this country that these folks who get to shape opinion, who get to make something a hot topic or a cool topic, in this case in a president ial election, that they have utter disdain for other people in this country to the point that they dont want their voices or their thoughts or their beliefs to be even able to be echoed and shared. Thats exactly right. They dont like joe biden. They hate donald trump. And they hate all of us because donald trump took power away from the elites. Took power out of Silicon Valley, out of washington, d. C. , and gave it right back to the American People. These, these folks in the positions of power for decades, they are angry about it. They dont like donald trump for doing what a president should do. And that is give the power back to us and get out of the way. And because of that situation, now you see it is more than just bias. It is censoring information against a Political Campaign to try to help joe biden and hurt donald trump. Weve seen it before. I mean all of the quote, unquote glitches that happen on these platforms, right . They never benefit us, you notice that . Almost as though theyre coordinated. If youre going to be a platform, be a platform. If youre going to be a publisher, be a publisher. These folks have clearly chosen the latter. They cannot hide behind section 230 anymore. Thankfully the republicans in the house and know it and even democrats are saying this is unacceptable. Charles im surprised how many progressive and liberal outfits said section 230 is kaput. This is because of the arrogance of the social Media Companies which pushed it too far. Hogan, thank you very much. We appreciate you coming on. Well have much more on the early voting when im joined by liz peak later in the hour. You will be shocked what is happening with some of the trends. Meanwhile, pandemic, violent protests election uncertainty creating a historic year for gun sales but inviting more scrutiny. Texas congressman chip roy will give us his take next. Universal basic income, will this create less incentive for people to actually go out and work . Well be right back. Charles gun owners scrutiny at and all time high. The fbi has done more background checks this year than any other and we still have two months to go, folks. On the other side of the coin prospective gun ownership is through the roof as we look at one of the most important elections of our lifetime. Joining me, congressman chip roy. Many say president obama was the greatest gun sales in history. Is there is concern President Biden going after gun rights. Is that one of the reasons driving behind all this. Thanks forehaving me on. There is concern what a harrisBiden Administration would do with our second amendment. President biden said he would put bait ohio beto orourke in charge of our guns. 40 of the them are for fur time gun buyers. Americans know that the current climate is not respecting our Law Enforcement community and are endangering our communities on the street. So the American People are doing what you would expect them to do, want to exercise their godgiven rights to protect their family. That is what were seeing with those kind of numbers. Ive seen it firsthand in texas. Ive seen friends of mine, people i know, wives who are seeking to have the ability to carry conceal permit theyre worried about the community safety, when the Austin City Council cutting our Law Enforcement budget by a third and you see a massive spike in crime. In the 50 largest cities, weve seen 25 increase in homicides yearoveryear. Austin is number one and the highest. It is direct result of absurdity of leftist democratic policies. Charles i want to ask you also about a report on the economic side from the American Retirement association. They find that the biden tax plan it, could force companies to slash 401 k benefits to employees by reducing benefits for higher income earners. They say businesses could just qui