Underway at the masters, while one of the trail blazing golf legends is one of my winners of the week. All that and so much more on making money. Muck charles well, markets rerutted out of the gate erupted out of the gate nicely, but the tale has been the case all year long. The emergence of buyers yesterday is when youve got to watch out. In the final hour of trading all year long, thats when you know the next day is going to be big. Shakeout sessions are becoming somewhat more predictable. To the pros, they buy into these dips into the close, and then the next day the market opens bigger. Put that on your notes for how to make money. Now, there continue to be some dark clouds including, of course, covid cases, a lack of fiscal stimulus and just exactly what the fed is doing because so far not what they promised. In fact, the ecb is doing a whole lot more pumping than [inaudible] meanwhile though, earnings remind investors of fundamentals. Great earnings reports include disney, cisco e, Applied Materials just to name a few. So how do you keep a steady head when theres so many Unanswered Questions . My panel, ralph luna, Veritas Financial advisers managing partner greg branch and courtney dominguez, Payne Capital management, a group i am not affiliated with. Rob, the greatest risk, because yesterday there were a whole lot of headlines, so whats the greatest risk to this market and thats enough in your mind to trigger a move to the downside . Yeah. I think the biggest risk in our view is really Georgia Senate race that were going to have in january. The big move up that we had is really this idea of gridlock, and with biden, you know, potentially getting the presidency there, not being able to get some of his aggressive tax agenda passed, but if that unwinds and theres a tie, lets say, and Kamala Harris would end up being that tying vote, that is not going to be perceived well for the market, and look out below if we see that happen. Charles all bets are off. Greg, what do you think . I actually think its our current gridlock that poses the most risk for us. While were still disputing the resolution of the election, all of the political will and bandwidth is being absorbed when what they should be discussing is the stimulus that our economy so badly needs. In terms of risk, also the rapidly rising covid numbers present a danger side. Many of our most well known, the worlds most well known advisers are positioning themselves that the Fourth Quarter will see drag if these numbers continue to increase. And we so far have not been able to tame this. Charles right. Well, you know, courtney, its ironic because weve got the largest numbers again today, and this is a heck of a rally. What do you see in terms of the greatest risk to derailing this market . Because it hasnt been staying down long. Yeah. I really am not as concerned about politics. I would say actually covid is probably one of the biggest risks we have and are there going to be further lockdowns. We saw when europe was locking down, there was definitely some nervousness with that. Its nothing im necessarily worried about right now because the lockdowns are a lot more localized, and monday we saw the vaccine come out, and the markets did fantastic. I thinks a good idea of what can come once we get that reopening happening. Right now the markets are probably still lower than they could be if we did have that clarity. Charles all right, greg, i want to go back to you because i think this earnings season has been pretty remarkable. 84 of companies have beaten the street, your blended loss is 7 . The street was looking for 21 . Even revenue, 78 beating in a recession, im impressed. What are you takeaways . Yeah, i agree, its been a spectacular Third Quarter relatively speaking. I think that there will be even more optimism after a Fourth Quarter that should see those that were well positioned deliver really strong results. What im really keeping an eye on is those associated with eretail are going to weaponize the massive share gain that theyve accrued over the last six months and post some really blowout Fourth Quarter numbers. That said, the covid numbers will start to bear on businesses outlooks. We saw where they started to indicate that businesses were actually slowing spending, and thats something that warrants us keeping an eye on. Charles courtney . What i found pretty fascinating with earnings season is, i agree, its been a really good earnings season thus far. But if you really dig into it, certain things like your small caps have been some of your leaders and the things that are beating expectations as well as some of your cyclicals. And weve been talking a lot about this over the last few months, your small caps and Value Companies are going to be good plays. Were starting to see that come out during earnings season, but if you break it out, those are really some of the big winners were seeing. Charles even to that point, when youre talking about record covid cases, courtney, you and greg have expressed this as the number one concern, and yet the covid stocks even in the day when the markets are erupting, theyre down, zoom, netflix, peloton, theyre getting beat up. The market, to me, doesnt seem to say this is a big issue, per se, although we know how impactful it is to society. Rob, let me go back to you about earnings, you gave it to us three or four weeks ago, it was a home run. Today its a grand slam, is so take another i bo, my friend. Bow, my friend. But the earnings in general, whats your takeaway . Yeah. I think its been an amazing earnings season, and thats why weve been talking about this for a while, charles. This is really not an indexing type of environment. You want to do bottomsup stock picking because its very clear in an environment like this, farfetched are the companies that are going to be able to execute. Zoom down today, powell was talking yesterday about this structural shift and the fact that the psyche of the consumers now being locked in so long, this isnt going to change so quick. So, actually, ive talked about zoom for a while, weve used this pullback into the 300s to take a new position. I think those are longterm winners investors should look at, charles. Charles move over, space popcorn, here comes jay powell. The Michigan Consumer sentiment number for november, it declined from october, in fact, well below consensus. And, in fact, when that number came out earlier, the rally stalled, we even started falling back a little bit. Heres the interesting thing, the biggest reason for the decline was plunging optimism among republicans. If you look six months out, even the current optimism was up. The spread between how gop consumers feel ooh right now versus six months are from now is absolutely amazing. Courtney, i know youre not into the politics, but if theres one segment of the population that is starts to lose their enthusiasm as consumers, could that hurt the market . I dont think its wholly surprising that were seeing that. Were right in the midst of a very polarized election, so its not that out of the norm to see that come into some of these sentiment numbers. But when we look at, i mean, at the end of the day, were investing in these companies, and those companies are very optimistic right now. We just came off a week last week with one of the highest amount of dividend increases since february, and thats showing these companies are on n are optimistic on where they are going forward. So when i look at how companies are optimistic, im going to take that over [inaudible] i dont want all of the politics, political news to overshadow anybodys investing strategy. Charles okay. And heres the thing, greg, we obviously, you know, republicans are going to be disappointed right now. But you put that against the cpi numbers yesterday, and we do see where theres a lot of industries that do have pricing power, and maybe thats where the confidence is coming from that courtney just mentioned. Your thoughts on that . Yeah. And i agree with courtney, i think that businesses and investors tend to look a little longer term than survey responsibilities, so this is not respondents, so this is not surprising. We have a number of issues in front of us that need resolution, stimulus, the election, getting control of covid, a vaccine. And i expect a lot of those issues to be resolved in january. So these numbers dont worry me. Lets take the temperature on the other side of january when some of these shortterm uncertainties have reached or are reaching a resolution, and that will be data that is better served for us to Pay Attention to, i think. Charles rob, how are we looking between now and the end of the jeer . Will we end at the end of the year higher than we are at this very moment . Yeah, i think so, charles. Theres no other place to put your money right now. Its going to be in stocks. Now, what sectors going to do well, i think you continue to have that barbell dividend in growth stocks, but until the end of the year, i think youre going to continue to tick up. Charles im going to start calling timeout on the barbell thing because i feel like the guests get over with that, you can be right either way. [laughter] can you be more specific on the barbell . You know what it is, charles . Really, i think, dividends paying, Dividend Growth stocks, those are really the new bonds, charles. You used to allocate between equities and bonds, bonds have come out of the portfolio, so you have to have both in there. Charles i agree. People start looking at some of these utility names, theyre looking attractive. Rob, greg, courtney, have a great weekend. I appreciate it, great commentary, we learned a lot. In the meantime, folks, President Trump meeting with his Campaign Team and advisers today, so what is the next move . Im going to ask Campaign Spokesperson erin per lean, shes next. And later, Justice Samuel alito creating a firestorm after he warns covid19 is threatening our religious liberty and freedom of speech. Is he right . Tweet me, id love to hear what you have to say, cb payne. Well be right back. Staying on top of your game takes a plan. Thats why at aetna, we take a total, connected approach to your health and wellness. With Medicare Advantage plans designed to surround you with the care you need every day. Aetna Medicare Advantage plans. Charles Election Officials from across e country stating that this has been the most secure election ever. Lawsuits, many say, are going nowhere. In fact, china just called to congratulate joe biden. And now some of President Trumps supporters in the senate are saying its time for a transition. Lets face it, President Trump has never been moved by the immediate media or career politicians, and the campaign says, quote, they firmly believe this election is not over. On that note, lets bring in erin perrine. Where is the campaign right now . Finish. Absolutely. The president is correct, this is an election that is far from over. We are pursuing every legal opportunity and avenue for the campaign and for the president to make sure that we count every legal vote cast in this country and that we do not count any illegal votes cast in this country. Its really paramount to our democracy that we continue to pursue irregularities that we have seen in states like michigan, like wisconsin, like pennsylvania where we saw a huge breach of equal protection and the ability for our poll watchers to be able to be this there. We want to make sure that the American People can trust the outcome of this election. President trump has been saying that for months, so we are going to pursue the avenues to be able to insure that for the American People. Charles the irregularities that you mention and a lot of the things that weve been reading about, the question that some people have, that a lot of people have is do they amount to enough to overturn what has been declared a victory and a contest over . Well, how much fraud is enough fraud for it to matter to people . Because there were major publications that had huge headlines on the front page that said no fraud, and now were all conceding that there is fraud. So if there is fraud, shouldnt we pursue at every opportunity not only for President Trump, but for our great nation to make sure that we root out all fraud out of the election system . Because at what point do democrats concede that fraud is not good, that people that are saying theyre 120 years old and voting is not good, that dead people voting is not good . An illegal vote undermines every legal vote cast in this country. So these irregularities, absolutely, we should pursue those because at what point do democrats think fraud is okay in an system . How do they live with that . Charles about an hour ago, our colleague Geraldo Rivera tweeted that he had a heartfelt conversation with President Trump and that President Trump is a, quote, realist who will do the right thing. Whats the timeline, erin, to the campaign saying, okay, weve exhausted all these avenues and, yes, youre right, theres no doubt theres some irregularities and and things, we e call car things, but again getting back to the notion, would it be enough to overturn this. Youve brought them to light, you cast a light on the process that needed to be cast, but how long, longer will it go before President Trump decides, okay, something went wrong, theres not enough to overturn it or there is enough to overturn it and take the next step . Well, this is a one step at a time, one day at a time process. We just started the hand recount in georgia. In wisconsin we cannot begin that recount until they certify at the county level. So were still not even into the recount in wisconsin. Were pursuing the avenues about integrity in pennsylvania and in michigan, specifically, you know, when it comes to Dominion Software and the serious questions that exist there. Listen, democrats in the media spent years and millions of dollars to run a russian impeachment hoax against a dulyelected president of the United States. A little bit of patience here is more than warranted when it comes to making sure we have an honest outcome in this election. Charles erin perrine, thank you very much. Always appreciate the updates. Talk to you soon, i hope. Meanwhile, record unemployment, record closed businesses and a Mental Health crisis, those are just some of the Lessons Learned from the spring lockdown, but has the biden team learned those lessons . Plus, attorney emily cam bag know weighing in on Justice Samuel alito warning that these lockdowns are threatening our religious freedom and freedom of speech. Well be right back. For over 30 years, lexus has been celebrating driveway moments. Heres to one more, the lexus december to remember sales event. Lease the 2021 nx 300 for 349 a month for 36 months and well make your first months payment. Experience amazing at your lexus dealer. And well make your first months payment. Car vending machines and buying a car 100 online. Vented now weve created a brand new way for you to sell your car. Whether its a few years old or dinosaur old, we want to buy your car. Go to carvana and enter your license plate, answer a few questions, and our technowizardry calculates your cars value and gives you a real offer in seconds. When youre ready, well come to you, pay you on the spot, and pick up your car. Thats it. So ditch the old way of selling your car, and say hello to the new way at carvana. Keeping your oysters growing while keeping your business growing has you swamped. you need to hire i need indeed indeed you do. The moment you sponsor a job on indeed you get a shortlist of quality candidates from a resume data base so you can start hiring right away. Claim your seventyfivedollar credit when you post your first job at indeed. Com promo charles you know, this growing fear over the economic harm that a potential nationwide lockdown would happen under a biden presidency, wall street journal, in fact, Editorial Board writes bidens covid advisers seem to have learned nothing from the spring recession. Then they go on to add, lockdowns dont crush the virus, they merely delay its spread until the lockdowns end. The cost is horrendous, the u. S. Is still recovering from the spring catastrophe. On that note, id like to bring in our political panel. Radio show host rick unger, fox nation host david webb. All right, folks, lets talk about this. Let me start with you, david, david webb. You know, should we go to a nationwide lockdown . A couple of folks are saying six weeks, itll be all over. Yeah, you know, the very people who tell us to follow the science dont want to follow the science and the data. You just nailed the point down on that wall street journal piece which is the lockdowns didnt crush the virus, they merely delayed these resurgences. We have things we can do to mitigate. We know a lot more now, but theyre still pushing these lockdowns. Its political, it crushes the economy, a business that i have visited for many years in new york just closed multiple locations. People are paying a real world price for these lockdowns. Charles mr. Unger . Yeah. Im not in favor of a National Lockdown either, but i gotta tell you something, the wall street journal did not have it exactly right. There was one member of the task force who went on tv and made suggestions. He later pointed out that he has never made those suggestions to the task force. Now, i can until you i have personally talked with three members of the task force, not a one of them is in support of a National Lockdown. I think said the committees not in support of a National Lockdown, and most importantly, it doesnt appear like president elect biden is in support of a National Lockdown. I dont think thats the way to go, and i dont think biden does either. Charles real quick [inaudible conversations] whats he in support of . Possibly more targeted. What you actually saw here in new york. I know you guys have a lot of trouble with what happened in new york, but they started taking a different approach. As they would see something crop up in a small community, they reacted to that small community. So, you know, maybe you see its an area where you might see a few blocks being locked down, but youre not going to see a city being locked down. That seems to be where the science is going right now. [inaudible conversations] unfortunately, the virus doesnt charles one second. Well, you know, if you lock down the bronc, i think last time if you looked at the way it was going Lori Lightfoots under a lot of pressure, she went to this big biden celebration, and she was saying, well, that was okay. I think the problem, you unfortunately, with a lot of this is, you know, the hi pockily su and how these hypocrisy and how these officials, one day its okay to have a peaceful protest, the next day its not okay to have a political gathering. I want to switch gears, guys, because i talked about this yesterday on the show, and i thought it would be great for you. Deutsche Bank Economists proposing a tax, 5 on people who have the privilege to work from home to help fund workers who cant work from home, folks making about 30,000. Rick, do you like this idea . No, its ridiculous. The proposal they made was for germany, not for here, and thats good because, a, it would never happen here and, b, i think its a stupid idea. Charles well, the proposal actually went on to talk about the impact in the u. K. And the United States because germany is sufficiently socialist already. I think they were trying to help the rest of the western world, you know, be nicer and kinder, david webb. [laughter] how dare you read the rest of the story, charles. Yeah. The fact that this is such a ridiculous idea, as rick said, it should not have been proposed to begin with. But this is what you have with these socialist democracies, government control and people who are actually making decisions that are not capable. More often than not individual businesses, companies, people who want to save both their lives and their livelihoods can make better decisions based on their situation charles right. Than government. For a virus that doesnt kill. Yes, some die, but 99 recover. Well, the some die is not the best argument in the world. What . Charles no, no, thats not the best argument [inaudible conversations] [laughter] shut down a community over i didnt hear what he said. Charles im going to bring the buzzer back. David and rick, love to see you again real soon. [laughter] okay. Charles Justice Samuel alito issuing a passionate warning about the covid19 pandemic and these lockdowns associated with it. Saying its cost what he says is, quote, unimaginable curbs on freedom of speech, freedom of religious liberty in a speech to the federalist society. In fact, he said we have never before seen restrictions as severe, extensive and prolonged as those experienced for most of 20 20. The covid19 crisis has served as a sort of constitutional stress test. Fox news contributor emily come pan owe joins me now compagno joins me now. A constitutional stress test, and a lot of people says a lot of things that have happened to americans have been unconstitutional. In fact, emily, this is what the mask debate is all about. Its not about masks, its about government overreach and people are afraid its a slippery slope you cant come back from. Thats exactly right, charles. And that was the entire concept of the hundreds, frankly, of lawsuits that have been filed this year arguing just that. And arguing that, look, you cant infringe on a constitutional right, a fundamental right such as religious liberty without a tight nexus and a compelling reason why. And there can be an acknowledgment of the health value and the Public Health reasons behind these decisions, but it cant come at the price of our constitutional a race. I point as well to Justice Alitos comments last night when he also said, actually, there was a disturbing trend before this, and it was simply the covid pandemic that allowed this sense of government overreach and this trend to flourish. I point to the emerge court filing made just yesterday by the Roman Catholic die seize of Brooklyn Diocese arguing just that against the governor of new york. Look, how is it that in a hardware store, in a pet store, in a, quote, red zone which means that its the highest spike of cosid cases how is it theres no capacity restrictions . And yet in a place of worship with room for hundreds, we are limited to 10 people . They argue, rightly, that their freedom, their free exercise clause of the First Amendment is being infringed. So stay tuned for that developing case as well. Charles i cant wait for it. I agree a thousand percent. That part stood out to me as well. This was already happening, covid was an excuse to speed if it up. I also want do you about another part of his speech where he said, quote, tolerance for opposing views is now in short supply. Do you agree with that . I do agree with that. I think we are seeing it manifested in myriad ways including cancel culture and sort of the social media mob that seeks to silence, not listen to differing viewpoints. In fact, were seeing it about his speech, right, with him being vilified in the Mainstream Media and social media for daring to articulate his points of view. Some say, well, the scope of a sitting justice in his offbench statements should be more limited, but its no secret how Justice Alito feels. And, again, you talked about that cull culture clash, his hobby lobby decision in 2014, it was he that wrote for the majority and sort of recognized, essentially, that religious liberty was being curtailed. Again, yes, i think, unfortunately, the knee jerk now is to mute rather than listen to differing i view points. Charles yeah. And you know what . We might be happy one day with only muting, because it feels like the next step is to punish after hay mute. Emily, always enjoy these conversations. Hope to see you again real soon. Meanwhile, covid cases are spiking, and thats causing working parents to be anxious about new lockdowns. How are you handling your children . Are they able to learn remotely . Tweet me, id love to hear your thoughts, cbpayne. We are examining the impacts on the stock market and the economy as these restrictions continue to roll out. Well be right back. vo im a verizon engineer and today, were turning on 5g across the country. 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There is no obligation, so call the number on your screen right now to see if your doctor is in our network, to find out if you can save on your prescriptions, and to get our free decision guide. Humana a more human way to healthcare. Businesses today are looking to tomorrow. Adapting. Innovating. Setting the course. But new ways of working demand a new type of network. One thats more than just fast. You need flexibility to work from anywhere. And manage from everywhere. Advanced technology. With serious security. And reliable coverage, nationwide. Forwardthinking enterprises, deserve forwardthinking solutions. And thats what we deliver. So bounce forward, with comcast business. Charles as coronavirus cases tick up, a new round of lockdowns seem highly likely to go into effect, but what could it mean for both working parents and their workplaces . Lauren similar net i think has more. Lauren . Reporter headaches . Back to you. No, im joking. Look, at School Districts including new york city, as they start to think about closing down inperson learning, again, to stem the spread of covid19, there might be solving one pop. Honestly, charles, only creating another. Listen. What young people are feeling is this constant sense of inconsistent i. A inconsistency. A feeling of being knauss yous from anxiety, and who are the adults in the world that are going to show up. Reporter the back and forth is creating a generation of young people suffering the worst Mental Health ever, especially in the middle and High Schoolers where emergency room visits related to Mental Health increased 31 since march. Look, this is also a problem for parents, particularly working parents, which are onethird of the labor force, charles. Its not just about kids. This is also about allowing parents and marley women particularly women to contribute to the work force. So i think its really important that we prioritize keeping the kids, the schools open as much as possible. Reporter yeah. You know, companies are being very flexible, they are being very compassionate. The pandemic has exposed the importance of childcare. But childcare is shutting down in some cases just as fast as major cities. A new report shows that Office Occupancy in our biggest cities stands at 25 . And its worse in places like new york city where its 13 . So you cant get the workers back in the office when theyre home home schooling and baby sitting and dealing with the kids. Its one circular problem, charles, as you probably know in your house. Charles yeah, absolutely, lauren. Thank you so much. And, folks, theres a report out that governors of six northeastern states are going to have a summit this weekend, and cuomo believes the situation is going to deteriorate. Weve got a rise in cases, but already these cities are gutted from inactivity. 13 percent in new york city . So theres going to be more restrictions whats the impact going to be on the economy, the tock market . I want to bring in Strategic Wealth partners president and ceo mark tepper. Hey, charles. Charles hey. What do you think . Because the stock market sees this news, knows whats happening, and maybe its looking ahead. Obviously, remembering, of course, the kneejerk reaction when we thought there was going to be a recession, over 95 of economists said wed be in a recession e, and the stock market had the fastest bear market in history. A lot of that turned around quickly. People got stuck, some took big losses. Yeah. Well, look, the walmarts of the world are going to be just fine. The stock markets up 10 this year in a year where we literally experienced a 100year flood. The thing that stinks is this has an outsized negative impact on small and mediumsized businesses, and those companies employ 50 of the work force. I work with a lot of Small Business owners, and theyve already been talking about rightsizing decisions they have to make if theres a second lockdown. Thats going to make that decision to right size easier, and thats not a good decision theyll is have to make. Charles how ironic, mark, that these places, you know, you have progressive politics, liberal politicians in charge, places where people complain about inequality. These shutdowns are shutting down these Small Businesses, mediumsized businesses, its the large businesses. You make the point of walmart that are going to end up taking market share, and a lot of its just irreversible. Yeah. I mean, a lot of these companies are going to go under. Some of them were lucky enough to survive the first lockdown with a lot, trillions of dollars of fiscal stimulus to help em. I dont think they could survive a second lockdown. I think the second lockdown would be very devastating for these Small Businesses. Yes, i mean, the walmarts of the world with, kroger, amazon, those companies are going to be just fine. I mean, i can tell you one thing thats for sure going to happen if theres a second lockdown, the number of amazon packages on my front porch is going to go up exponentially, right . But as far as these small and mediumsized businesses, theyre not in a good spot especially in the democratrun cities. Charles so lets talk by the way, i know you, did you have covid recently, i was told . Yeah. Yeah, so my family, we recovered the from it over the course of the last few weeks. My kids school, they actually they were in person, they switched over to distance learning. So, yeah, its been, its been interesting, to say the least. Charles everyones okay . Everyones better . Everyones okay. Look, were in perfect health. It was no big deal. But theres, obviously, a lot of people that have some different symptoms. Charles all right. I just wanted to get that in. Listen, ive got a minute to go. Your thoughts on the idea that individual investors are pumped up. We saw a huge spike in bullishnesses, the highest since january 2018. Inflows into the funds, right . Every week usually tens of billions come out. Is this good news . I like it, but i know wall street thinks its a sell signal when individual investors get bullish. Yeah. I mean, thats typically a contrarian signal. I like it though. Charles, youve got to look under the surface at this rotation thats happening, and i would say dont fall for it, dont fall for the head fake, the juke. I mean, look at today, you see a lot of these travel stocks rallying. Youve got the casinos, the airlines, the cruise lines. I just dont think thats a good place for money. I think right now the best strategy is to buy the dip on a lot of these names that have worked all year that suddenly are out of favor over the course of the last few weeks. Charles so you would be buying a zoom and a if elton on weakness . This. Peloton . I would. If zoom were to come down not low 300s, yeah, id buy that. Charles mark, im glad youre well, my friend. Well talk to you next week. Every day i do this show and theres so many topics with so many great guests and so many transitions, some things to discuss and we never get to it. So i invite everyone to read my daily market commentary. I try my best to connect the dots, and i go a lot deeper than the headlines, something im very proud of, go to w street. Com to check it out. Meanwhile, the masters are underway, but its not the current players on the green that im crowning as my winner of the week. It is a golfer. Stay tuned to find out who and why. And speaking of the masters, sports stocks helping out and fueling todays is session. Later, the trades that you need to consider before the closing bell. Well be right back. Our Retirement Plan with voya gives us confidence. So we can spend a bit today, knowing were prepared for tomorrow. Wow, do you think you overdid it maybe . 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It inflates and deflates in less than 30 seconds using the electric pump. Head to aerotrainer. Com now. Now its your turn to lose weight, look great, and be healthy. Get off the floor and get on the aerotrainer. Go to aerotrainer. Com, thats aerotrainer. Com. Charles well, the first fall masters is underway, expect most famous Golf Tournament kicking off with a trailblazing tribute to a legend. The first black man to play at the masters is lee elder, invited to be the honorary starter next year and also has been honored by augusta with a scholarship in his name. That makes him my winner of the week. I want to bring in District Media president beverly hallberg. I remember once reading he was on the verge of winning the canadian open, and someone ran over to him and said, hey, if you win the canadian open, we just heard youre automatically not invited to the hes. Of. [laughter] so, obviously, he dealt with a lot of things. I dont know if thats urban legend with, but you can never tell when you watch him. For me, hes a trailblazer, and long before tiger came along, he made me interested in the game, and im glad hes finally starting to get some props. And this is someone who endured many obstacles in his life. At age 7, he had already lost both of his parents. But golf was his passion, and he pursued it. He received a lot of heckling, death threats, but he continued to persevere. Well deserving of this honor by augusta because he is the first black man who is on the green in augusta almost 50 years ago not as a caddy, but as a competitor. Charles your winner, also, is from the masters this week. Yeah, jon rahm is my winner of the week, 26yearold professional golfer from spain who have what many are saying could be the best golf shot ever seen. When he hit this shot, twitter went crazy calling it ridiculous and outrageous. You dont even have to be a golf fan to look at this shot and realize this golf ball really did walk on what water. Im excited about the masters, and well have to wait and see if there are any more winners after this week. Charles rahm is great, im just wondering if he called it. Basketball sometimes you see a crazy shot, yeah, i hear you it was only in the practice. [laughter] it was only in practice. So it didnt count. Charles exact well, it was amazing though. My other winner of the week, ups, because they finally loosened up the guidance on how people work. You dont have to worry about having a beard or an afro, anything like that. I consider banning casual fridays at my firm, but these guys unloading trucks, i think thats long overdue. I want to switch real quick, im going to do an audible because marlins hired kim ng, general manager for the florida marlins, and shes the first woman and asianamerican general manager in history to join a sports team here. I think its phenomenal. Quickly, my loser, i think its awful and funny, i want you to check out this recent restoration job a sculpture in the city of valencia, spain. The facial features are completely unrecognizable. Someone wrote it look like donald trump. I think its really sad because the world is losing true artists and craftsmen and craftswomen. People should take their time and create beauty and even restore pew beauty. They just cant do it anymore. Theyre also referring to this as mr. Potato head. [laughter] finish you dont have to be an artist to realize this is a bad job. A lot of projects have been butchered, theyre calling for more regulations. Im not a huge fan of regulation, but as an art enthusiast, this is a regulation i think i could stand behind. Charles yeah. Every now and then theres an outlier. Tell us about your loser. Event br are it the e, they brite, they decided to take an event off their platform that was a totrump call protrump rally on saturday, and on twitter their bio says they are a Global Platform where anyone can create, share and attend events, but apparently anyone doesnt mean anyone if you dont share the same political ideology. Its just another company thats leaning into this cancel culture. Heres what i would say to customers, there are a lot of other businesses that do similar things. I did a search of it. Go check them out. You can use the free market. Charles well, ill be looking for alternatives. Beverly, thank you very much. Always enjoy the segment. And, you know, just in time for the masters, golf popularity is surging, and so is sports betting. Scott martin with his green jacket ready to give us his hot take on the market right after the break. For over 30 years, lexus has been celebrating driveway moments. Heres to one more, the lexus december to remember sales event. Lease the 2021 is 300 for 339 a month for 36 months and well make your first months payment. Experience amazing at your lexus dealer. But when i started seeing things, i didnt know what was happening. So i kept it in. He started believing things that werent true. I knew something was wrong. But i didnt say a word. During the course of their disease around 50 of people with parkinsons may experience hallucinations or delusions. But now, doctors are prescribing nuplazid. The only fda approved medicine. Proven to significantly reduce hallucinations and delusions related to parkinsons. Dont take nuplazid if you are allergic to its ingredients. Nuplazid can increase the risk of death in elderly people with dementiarelated psychosis and is not for treating symptoms unrelated to parkinsons disease. Nuplazid can cause changes in heart rhythm and should not be taken if you have certain abnormal heart rhythms or take other drugs that are known to cause changes in heart rhythm. Tell your doctor about any changes in medicines youre taking. The most common side effects are swelling of the arms and legs and confusion. We spoke up and it made all the difference. Ask your parkinsons specialist about nuplazid. Ask yourand sweetie canecialist coloryou just be. Gentle with the pens. Okey. Okey. I know. Gentle. Gentle new projects means new project managers. You need to hire. I need indeed. Indeed you do. The moment you sponsor a job on indeed you get a short list of quality candidates from our resume database so you can start hiring right away. Claim your seventy five dollar credit, when you post your first job at indeed. Com home. Now every bath fitter bathbath fis installed quickly, safely, and beautifully, with a lifetime warranty. Go from old to new. From worn to wow. The beautiful bath youve always wanted, done right, installed by one expert technician, all in one day. Weve been creating moments like these for 35 years, and were here to help you get started. Book your free virtual or inhome Design Consultation today. Find a stock basedtech. On your interests or whats trending. Get realtime insights in your customized view of the market. Its smarter Trading Technology for smarter trading decisions. Fidelity. Charles stocks surging as we head into e final hour of trading for the day and the week. Lots of earnings winners today including draftkings. The stock, well, it had pulled back after announcing theyve raised money to sort of get em on track, but now all of a sudden its been taking off. Nevertheless, my next guest, fox business contributor scott martin, scott took profits into todays strength, but you still have exposure to gambling. Yeah. We still own penn just because from, i guess, extended basis e when you look at the charts, charles, as i know you did, penn just isnt quite where draftkings was this morning. And granted, our position on draftkings was something that we accrued in the fall and spring, and as sports came back online, we continued to build a position. So were happy to get out today on the bounce and see it pull back, i think, is justification for that. Well probably reenter, by the way, the draftkings stock position because i think its a Great Company going forward, gets more prevalent and sports do continue to come back even though were seeing a lot of cancellations these days. Charles yeah, yeah. Eventually, the sports world will be back, youre absolutely right. You know, scott, over the last few months in general you havent been necessarily that excited about the general market. I know you had a big hedge with gold. The train looks like its leaving the station. Are you adding any more stocks, looking at different things, perhaps small caps . The russell is absolutely on fire. Yeah, russells been awesome, so is mid caps too. The train is kind of leaving the station, charles, but its leaving it at a slow Miles Per Hour here, so its easy, i e guess, for somebody who likes to run to catch up with that train. Weve been doing that slowly. Weve been taking positions, you know, staying in things like big tech, the adobes, the amazons, the microsofts when they pull back. For small caps, theres another name that weve talked about a lot, bloomin brands. Outback steakhouse, my friend, thats a Small Company thats still playing in that kind of take home takeout business thats doing very well. Their comps look really good, their Balance Sheets look really good, and theyre a Small Company that could be a takeover candidate as well as we pull out of this thing. Charles and you hate to talk about it in business terms, but the fact of the matter is as these smaller restaurants go out of business, its the chains like that that are big enough to survive but also, to your point, small enough to become attractive as take theover candidates themselves. You know takeover candidates themselves. Im looking at the covid stock pull back, but im looking at semiconductors and some of these other names. Is it time to start looking more at quality . You want to be in tech, you dont necessarily want the high fliers, you know, its great when they move up 20 a day, but its not so great when theyre down 20 a day. Are you at that point . We are there in some case, by that i mean sometimes you have to take position off. Youve got to take things off sometimes as youve been doing with charles, lemonade, vastly, yeah, those are real companies, by the way, billion Dollar Companies that are publicly traded. [laughter] heres the thing, it sounds crazy, but i think you can still buy those on pullbacks, youve been adding to them, but youve got to be realize for a roll till ready for a volatile ride. Theyre going to go up 20, 25 sometimes in a day or a week. Charles ive got 30 seconds, whos going to win on sunday . My moneys on d. J. Dustin johnson, which i sent to your producer this morning before he teed off, i said he looks charles all right. By the way, folks, the s p and russell on track for alltime highs. Lets see what liz claman can do to help them get over the hump in the next hour. Liz okay, all right. Its the witching hour. Lets see what i can do. [laughter] thank you, charles. Have a great friday. All right, breaking news. In less than an hour, President Trump expected to hold a rose garden News Conference on operation warp speed, an update of sorts. This as the coronavirus death toll in the u. S. Tops 240,000 with more than 10. 5 million cases leading to increased lockdowns and restrictions across america. But look at the markets. The dow and the s p, you just heard charles say, on their way not just to weekly wins, but record highs. For the russell and the s p, and
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