Thats what im saying. And i think what were going to see happen, although its so remarkable and im not endorsing his candidacy, is trump is going to ride his way into the white house on a populist wave of anger at our government. And what does the market do if that happens . Goes straight up. You think it goes straight up. Yes, sir. And ill tell you why. He wants to solve the problems that we really have here in terms of straightening out the tax code which i think is a big holdback on these equity markets right now. It doesnt let our companies compete. I think well get a mandate in there, and look, im not endorsing the candidacy here. Im just saying whats going to happen. Well, as an investor you sort of are. Look at it this way. Im going long the anti hillary. Im putting up positions of biotech and phrma, because i think shes going to lose. All right. Im not quite in agreement with kevin. Ive got to disagree. First off, if trump gets elected youve got a real wild card in what has to be the most sober office in the world. How has that been working so far . How do you like the office for the last eight years . I hate it. Thank you very much. You want a change here . I dont want that much change. Who knows what hes going to do . What if he goes through these ideas of putting up a wall . Thats never going to happen. Thats what you say. But he says otherwise. He should say that. But when he actually gets the office, you know, smoother heads around him, if they manage this business for him. Thats what youre hoping and i hope it too. I would rather not elect somebody on hope. Im not endorsing clinton. I would rather have bloomberg run. My point is, with clinton, youve got a known commodity. And its a bad one. 18 months ago we were talking about a hillary presidency. And i think what has happened over the last six months is really the electorate is saying, none of the above. If there was if there was a poll, none of the above would win by 90 . That being said, i think theres two dynamics here. I think there is a trade once Hillary Clinton is actually the democrat nominee. I think thats in the financials. Thats a trade. There is no way shes going to have the path to the white house, continuing to beat up on financial use . S. To talk about what kevin is saying, i happen to agree. I actually think the time for change is 2016. I dont think donald trump as president would enact a lot of the things that the country fears right now. And i think there are very basic things that are pro growth, pro business that he would engineer that he would be the catalyst behind that the country needs right now. Gridlock is not what this economy needs. Pete. You know, i think the biggest problem that we all run into now is uncertainty, right . I think thats why what i think will happen, closer we get towards the election, were going to see a return of volatility. We have watched it come down dramatically, scott, over the last little bit. And we have talked about that for a while now. And its sitting on the 200day moving average. I wouldnt be surprised if we get underneath there and hold underneath there. The closer we get to the election, however, thats when i think the nervousness and uncertainty of this market were trading in right now really starts to jumble around. I think one of the things that actually stood out this weekend for me is when mr. Trump suddenly was able to get christie to back him. Because suddenly when you see that, scott, now you start to see maybe some of the politicians starting to move towards this man in the idea that maybe he could become president , and that way, he would be the ceo of the country. But hes going to have people there who politically would under the landscape. On that note, hps meg whitman comes out and calls christiane opportunist and says the following about donald trump. Donald trump is unfit to be president , she says. He is a dishonest demagog who plays to our worst fears. Trump would take america on a dangerous journey. Is Corporate America afraid of donald trump . I dont think so. And ill tell you why. Let me be an advocate for what he has done in business, having been on the other side, particularly in the debt markets he has maneuvered in. This guy gets deals done. I dont care what anybody says. And at the end of the day, the biggest business in america is america. Let this guy do some business. Let him start solving things we care about as investors that i havent seen anybody care about. You know, it really makes me sad to hear a politician beat up a sector like biotech saying theyre untrustworthy. These people hire hundreds of thousands of people, pay billions in taxes. And our politicians are beating them up. Im sick of it. Soshlths if hillary wins, could you buy a biotech stock or Health Care Stock . Im betting she is going to lose. I have nothing against her, she is a fine woman, i respect her but she has hurt me as an investor in biotech and phrma. Niece are Great Companies doing the right thing. The only reason theyre doingin version our tax code is screwed up. Jeff, immelt, of ge, the ce off speaking of the discourse writes in a new letter today, what is unique in this cycle is the difficult relationship between business and government, the worst i have ever seen. So maybe it boils down to who controls the senate in the house and thats ultimately going to be what the candidates ability to get something done is going to be about. Senate and the house. Stay in republican hands. Hillary wins the presidency. She is not going to be able to go after the Health Care Industry and biotech like she is intending on doing. So underneath flying under the radar, thats important. Go back again, if mr. Trump can win the presidency and have the senate and the house behind him, wow. Thats powerful. Thats change. Let me go back to the health care trade. I take the other side, which is to say the following. This is a classic sell a rumor by the news. Health care phrma and biotech has been hit really, really hard this cycle and happens every president ial cycle. Best deals ive ever seen. I agree. Some say the sector is uninvestable in the election cycle. Because of the rhetoric. By the news. When clinton first off, when you get the two primaries set, the nomination set, then youll start the jockeying, you know, to see who is really going to win it. If its clinton, i think you can actually buy the phrmas in particular the big cap phrmas at these prices. There is just no way were going to get price control. If you tell me trump wins, i win. If hillary wins, i win. You guys are both pharmaceutical investors. You bet i am. I have never seen a sector on sale like my entire life. Hillary, thank you very much. To john harwood in d. C. , as the candidates make their final push ahead of super tuesday. John . Well, scott, before we get to the general election, weve got to get candidates nominated, super tuesday, tomorrow. Hillary clintons favorite to do very well across the word against bernie sanders. But on the republican side, much more intense competition. Lets look at the super tuesday targets for each candidate. Ted cruz is targeting texas, must win his home state to survive. Polls show he has a lead there. Youve got john kasich targeting places that are more moderate, like vermont and massachusetts, trying to stay alive until march 15th. Marco rubio targeting states where you can get delegates under this proportional system like tennessee, like virginia. And donald trump is targeting everywhere, because hes leading across the board. But hes been dealing with this intense controversy over the weekend over his refusal to condemn david duke and the kkk. Marco rubio in knoxville this morning, was ripping him for that. Hes unelectable now. Hes he refused to criticize the clku klux clan. This morning on the today show, he blamed it on a bad earpiece, he couldnt hear the question. I dont care how bad the earpiece is. Ku klux clan comes through pretty clearly. And he refused to criticize it. Now thats exactly the kind of thing that meg whitman was condemning that Christie Whitman have condemned in terms of donald trump and Chris Christie endorsing donald trump. Republican party has some very serious fishers right now. Theyre going to have to work out. But all the signs we have externally tell us that Donald Trumps on track to be the republican nominee. New cnn poll, john, showing trump opening up a 30point lead in the gop race on a national basis. Stunning numbers with 595 delegates for the gop available tomorrow. Very stunning numbers. And as long as you have a proportional system, though, the other candidates, if they can clear the thresholds for getting delegates can amass some, and curb his ability to get an outright majority. But when we get to march 15th, john kasich is going to be on the ballot against donald trump in ohio. Marco rubio is going to be on the ballot against donald trump in florida. Those are winner take all primaries. March 15, at which point more than half the delegates are be selected. Thats really where well know for sure whether this is a race that will go all the way to the convention or whether it will be over that night. John harwood live in d. C. Thanks. Kevin oleary, the banks. Can you buy a bank, should you buy any of the banks based on what you think the election outcome could be . I dont think its going to have as much effect. My theory about the Financial Sector is this. I believe in the next couple of quarters or maybe sooner, were going to have a decoupling between the market and price of oil. The benefit to the rest of the economy as oil goes to zero about energy, if it went to 18 and stayed there, the rest of all the nine sectors of the s p would benefit. And those are all the banks customers. You go along the Banking Sector now and go long consumables or consumer, anything transportation thats going to benefit oil collapsing. And i think you are going to be rewarded. Yes, im long as a result of that. Pete . Well, i think the problem is going to be this whole talk about the curve, right . Thats what everybody brings up every time. I dont know whether or not our were sitting in a position right now. Weve heard were going to have four hikes. Then we have heard three. Now were starting to hear more and more about two, maybe none. I think thats going to be a headwind, kevin. But overtime, i agree with you. And i think to kevins point, that just shows you how many different sectors really could benefit from this. Talk about transportation, talk about airlines all of the time. There is a lot of beneficiaries of oil being down once we did he couple. Its a matter of when. If you look at sectors in the crosshairs of the political candidates as you get closer to november, its going to be health care, and its likely going to be the banks. The populist message that kevin oleary you told me a moment ago is helping to push donald trump in this populist wave. If you think the old crusty brands are going to work then you go long banks. There will be no bashing banks under a trump leadership. Hillary clinton talking about a risk fee for the banks. Thats unamerican. What are we talking about here . Thats nuts. And at the top of the show she is going to repivot, she is going to need to embrace wall street, going to need the dollars. There is a trade there just like in 2015 at the beginning of the year. There was a trade surrounding energy. Its a six to eightweek trade. In the Second Quarter this year youll get past the stress tests, past the First Federal reserve meeting and then surrounding rates. And then youll have does she pivot enough, though . Does she pivot enough for the markets to be able to say we live in a competitive world still are completely go the socialist routes where the banks and utilities she is going to pivot enough to buy a sector down materially that on a valuation basis is incredibly attractive. All this pivoting is hurting her. There is a lost of young people dont trust her now. You cant go negative for two months and say oh, just kidding. You get people upset. I think youve got to remember, though, she was first lady during one of the biggest waves of Bank Consolidation and Investment Banking we ever had, including the collapse of glass steagall. You may be right, kevin but i think joe is very right. There will be a huge pivot. She is absolutely pro banking here. Last point. The other thing she is doing is deterring what wall street needs. You watch Warren Buffett today. Who is next on wall street . Where is that person coming from . Intellectual capital is being deflected away from our industry. All right. Heres whats coming up on the halftime report. Still ahead, a battle over big blue. The oracle of omaha is sticking with it. Should you . And getting paid to wait. No way. Dividend stocks are the winning trade so far this year. Eve got some slow and steady stock picks the desk likes right now. Plus, jump in. The water is warm. Our resident shark, kevin oleary, grades the halftime portfolios. Which trader would he trust with his money . Its all ahead, on the halftime report. Theres a lot of places you never want to see 7. 95. [ beep ] but youll be glad to see it here. Fidelity where smarter investors will always be. If only the signs were as obvious when you trade. Fidelitys active trader pro can help you find smarter entry and exit points and can help protect your potential profits. Fidelity where smarter investors will always be. Serena williams. Hi watson. You are a fierce competitor. Ive heard that. I have analysed your biggest matches. Oh really . When down a point, you serve an ace 5. 8 times more than other top players. You sound like a coach. I am not. But i can customize Training Programs based on biomarker data. Watson, thats pretty impressive. You might say i am the Serena Williams of cloudbased cognitive systems. Nah, i wouldnt go that far. Welcome back to the halftime report. Prices for west texas crude up 2 . Near the best levels of the day so far. Here Energy Related stocks, though, not really participating as much in that upside. There are a handful of notable exceptions, refiners like va layero, phillips 66 up a percent each and some of the more beaten down names as of late. Also catching a bit today, inspect oil and gas company, new field exploration. Also Natural Gas Company one oak and nat gas and coal company. Some of the most beaten up stocks over the past year. The question becomes, fundamental buyers, maybe a bit of Short Covering or mix of both, guys. Back over to you. Dom chu thank you so much. Kevin oleary, do you buy Energy Stocks here . Yes. So i have been. My normal low occasion in a healthy market for energy was 20 . Im about 10. 5 now. The names just looking at some of the names we put on last week. Exxon, schlumberger, conoco phillips. Chevron. You know why . Theyre Balance Sheets. Theyre the best Balance Sheets in the industry. My theory, they will benefit from the consolidation that will occur as the smaller guys go out of business, their assets are acquired by the bigger guys. These guys have rocksolid Balance Sheets. This is how im entering back tippy toe. Would you buy an energy stock that cut its dividend . No. You draw the line. Well talk about dividends in greater context later. When you cut your dividend, you go down to hell for two years and live with the devil. Thats what happens. Joe . Yeah, i do think you nibble on them here. Im taking obviously a little bit more exposure, some of the high beta names. I believe the world was reminded over the last couple weeks the risk to reward on being short oil in 25, 26, 27 areas. Give me a high beta name or two. Pxd, the survivors of the shale play. And i think shale will come back into the conversation as the we get more towards 40 and 45 level and i think that can happen. I disagree with kevin in terms of the cut. I think the ones i want to go after are the ones who cut the dividend. The reason why, they are biting the bullet, kevin, and making sure their Balance Sheets are right, so they can do the kind of acquisitions youre looking for under those the distress situation. So you look at those names, the ones who have cut, theyre actually the ones that are really starting to outperform. Ill give a great example, if you go to the pipeline world. Look at kinder morgan. That made that huge cut, 70 on their dividend. Stock is bounced around auto little bit and now off 11, here we are in the 18s. I think some of those kind of names. Thats why i like the dividend cut. I dont agree at all. If you look over the next two years, theyre going to underperform the sector. You always pay the price. You have to go to hell for a while. When you do that, your shareholders are mad and say, ill let this trade retail. But you dont think that theyve gone to hell by not cutting them . Because what if theyre giving up the opportunity dont buy the evil stocks in the first place. Do your work on the Balance Sheets. All their Balance Sheets are terrible. Not so. The level look at the leverage theyre under. Even chevron. Any of these names if they do cut and come back here, youre going to fry me. Im telling right now, exxon schlumberger, conoco phillips. Conoco said they werent going to cut and did cut. If you look at it now and say to yourself, of those names, who has got the very best ratios, theyre the biggest so if you have to go by that theres no doubt about size. I understand what youre saying. What im saying is, i think conoco did the right thing. They needed to cut that dividend. So they cut that dividend, because they did, now their Balance Sheet, when the time comes, will be set for them to be able to make some of those how do you know a dividend cutter doesnt do it again . You dont. You never know if theyve taken enough how about the ones who havent cut, and theyre sitting there, and theyre leveraged to the hilt, and they have got some cash flow problems, their cash flow isnt the same as it once was. Prime example. We had sun corps ceo on last night. I think thats a different situation. Thats got political problems. The woman running the profits up there doesnt know what shes doing. You dont touch that. I think you guys are missing a key point. I dont think Energy Prices are