Coverage are coming. Of course the Obama Health Care law is only one of them. Is the are these changes really going to matter, especially to retirees . Soon and the soontobe retirees and anyone that wants some day to retire. That might be just about everyone. First though, to sue, at the nyse. Great to be back with you. It is just a delight to have you back with us, tyler. You were much missed. Thank you. Lets turn to syria now, as fighting continues in that country. This is new video of rebels firing an antitank weapon at a syrian army target and clearly hitting it quite hard. Heres where we stand right now. The u. N. Is considering asking the Security Council to demand that syria immediately transfer its stockpile of chemical weapons to sites where they can be destroyed or stored. Syrias foreign minister is in russia and says his country welcomes u. N. Inspectors back into the country. He again denies syria used those chemical weapons. Syrians president assad speaks to cbs. Secretary kerry has presented what he says is conclusive evidence. No. He presented his confidence and convictions. Its not about confidence. Its about evidence. The russians have completely opposite evidence that the missiles were thrown from area where the rebels controlled. That reminds me, about what kerry said about the big lie colin powell said in front of the world about satellite the wmd in iraq and said this is our evidence. Actually he gave false evidence. In this case, kerry didnt even present any evidence. He said we have evidence and didnt present anything. Not yet. Nothing so far. Not single shred of evidence. Our john harwood is live in washington. John, congress is back in town today. We know a vote will be coming. One of the key questions is, when will it be coming . Exactly, sue. Members are going to take into account what they hear from the president as well as what they hear from Bashar Al Assad and, of course, we have this previously what appears to be a choreographed move between russia and syria to talk about transferring chemical weapons stockpiles to international control. But back here in washington, youve got the most intensive sales job of the Obama Presidency so far. The president will be speaking to every Major Network anchor tonight for to try to sway the american people. Tomorrow hell go up on capitol hill, have lunch with Senate Democrats who he expects to provide the bulk of the votes for Senate Passage of the authorization to use force. And then hes going to give a speech to the nation at 9 00 tomorrow night. The senate hopes to vote by the end of the week. It could possibly be kicked over into the following week. Democratic leadership aides tell me theyre aiming for a mix of about 40 democrats, 20 republicans to get to 60 votes and hoping that many republicans would be a message to the house and help them round up support on the house side. If they cant get the support on the house side its possible, sue, that they would scrap a house vote, and the administration would take Senate Approval as the concurrence of the congress they would need or at least sufficient concurrence because the president said he doesnt need constitutionally congress to approve this use of force. He views it as helpful. John harwood, thank you very much. Thank you very much, sue. Later this hour we will hear from one republican member of the house who is backing the president on those military strikes. Hes inside a meeting right now at the white house and well hear from him very, very shortly. Sue . And i know the markets will be paying very close attention to that interview, ty. The dow is up triple digits given the cross currents and headline risks out there, its interesting that the dow is up 118 points. The s p is up 12 and the nasdaq is up 34 on the trading session. Gold and oil not necessarily behaving the way you think they would given the situation that we are now up against with the president making his address tomorrow night. Gold is down a fraction. Brent crude is trading down 1 2 3 and the yield. A big day in asia. The nikkei finished the trading session up 2. 5 on the trading day. A very strong session there. And the shanghai composite in china up 3. 75 . Thats where bob picks up the story. An important thing about today, strong japanese gdp with strong exports from china. When you get those kinds of Economic Data points no wonder its to the up side. The Exchange Traded funds in the united states. These economies are close. In japan and china and thailand and indonesia making guesses about where they might think this might open tomorrow as well. You can see those are moving to the upside. Thailand, indonesia, these emerging Market Countries have been battered but strong in the last week or so. Take a look at the eem, emerging market, etf up 8 Straight Days right now. I said two months ago, these things move in a 25 to 30 range. Once again regained about half their losses from may and june. We see materials and industrials strong today on the china and japan news. No surprise here were seeing various commodity etfs to the upside, steel stocks, copper to the upside. Ive been asked about why the s p had a pop after 12 00. A lot of people attributing this to the news that the syrians may be willing to lock up their weapons to an international guardians, but i think more importantly the s p moved through its 50day moving average about that moment, 1666 the 50day moving average when we saw the pop up. I think a lot is a little technicals. Hadnt been above that in more than a month. I think youre right on that. Thank you very much. Talk about asia and europe right now. Peter is chief market analyst with the the Lindsay Group and cnbc contributor, focusing on asia for us right now. Dominic has been talking to traders who are heavily invested in europe so he has the european side. Peter, im going to start with you. Your note i found very compelling because we did see such a good performance in japan. Some of it psychological because they are going to get the olympics but some of it is the better data and that kind of gives the Prime Minister aba a boost. Absolutely. Little pick me up because weve seen over the past couple months Consumer Confidence soften because theyre seeing a rise in inflation pressures but not yet a rise in wages. This was a great psychological boost for the country, thats been a big part of the strategy, not only the monetary and fiscal aspects of it but also psych lonlcle to get people to start spending again, companies to start investing again. Don, youve been talking to a number of analysts and people putting money to work about europe. What are they telling you. Whats interesting about europe a fundamental Economic Growth story evolving. Nobody is saying europe is going gang busters but more optimism about the manufacturing economy, specifically in the core of europe. Youre talking places like germany, of course. Now these markets, germany, france in terms of stocks have been under performers in 2013 if you look at them compared to the s p 500. But the real question then becomes whether or not theres more momentum, more upside left, for those european stocks as opposed to whats happening in the u. S. The one thing i will say there are still risks, of course, if syria happens, anything happens in syria, all bets become off and there are still political risks as well. Remember, europe is all about the periphery, about the countries like greece and italy. Italy may have a political situation brewing with former Prime Minister berlusconi and his fate in italian poll it ticks that could derail a possible Coalition Government in italy as well. Thats one of the things, peter, turning a number of very highlyrate the Investment Managers to look closely at japan. The infrastructure things that might take place before the olympics. Im sure thats going to continue. Japan is threading a needle in terms of policy. The qe is massive. And right now, theyre feeling the positive effects of it and confidence it can work. I dont see any good outcome from a Balance Sheet that goes to 50 of your economy in terms of currency and in terms of potential inflation and a potential blow up of their bond market at some point. So from a stock market perspective, ride it, but keep one foot out the door. Good advice to leave it at. Thank you very much. Appreciate it. Ty, up to you. Thank you very much. Its time to analyze. Monday is the day you get a lot of market calls out of the big houses. And every week at this time we do see whether our experts agree with those calls or not. Jim is in chicago for us. Hes a cnbc contributor. Jim, welcome. Goldman sachs resuming a neutral on target. A 71 price target on that company. Goldman saying target faces tough strategic positions. The valuation drives us to a neutral call. So look at shares of target over one year, basically flat. Thats what they say. Do you agree with this . A neutral on target . No. I disagree with the neutral call and i agree with the fundamental analysis. This is confusing. They come out with a neutral call but say their price target is full 12 over where the stock is trading right now. I agree with their negative fundamental story that target might not have the Pricing Power of some of its competitors. Some of targets clientele might be gravitating toward amazon. Com and ecommerce. And if it trades below 63. 10 i might put a short position on that. You would put a short position on it . Yes. All right. Thats a disagree. You would rather see them go down on it. To lazard capital, upgrading shares of expedia to buy from neutral. They think the shares of expedia are in, quote, an industry leading position in a space with superior secular prospects. The stock down about 20 over the past two months. Do you agree or disagree with this one . No. I agree with this call. What theyre saying is a secular prospects are good meaning people will start traveling again. Expedia has a good Balance Sheet, a good name. Theyre going to be rewarded disproportionately. If i see a trade of 51. 31 thats where the technicals would be telling me time to get in. A hiccup in late july. Citi initiating coverage on lulu lemon. That has been in trouble over the past few months. Citi thinks its a buy with a 90 price target. They say valuation should go higher given store growth, runway domestically and internationally. He said. Lulu lemon volatile year, down 6 yeartodate. Theres the fall in june. Coinciding with the earnings report. The yoga trousers and so forth. Five years ago, that stock was basically nothing, now its come up there. Theyre saying you heard what they said. What do you say . I agree with the call. Put a caveat, as the father of two teenage daughters, i hate the Company Unless they start coming out with bigger and baggier clothes but i like i like what theyre saying, what theyre saying is that they have a great brand name, people want to buy lu lu lemon over their competitors and the chart as well too. I have to see 73 today to get in it but i think what theyre saying is the right thing. All right. Jim thank you very much. We appreciate it as we analyze this. Sue . I agree with jim. My girls are only 10. Youre right, jim. Five years ago, this country was in an economic crisis. Diana olick covers real estate for cnbc and shes looking at what the Mortgage Market may look like five years from now. Over to you, diana. Thats right, sue. Five years ago, fannie may and freddie mac on the brink of disaster threatening to bring the u. S. Finance system down with them. Now thanks to government backing theyre making money hand over fist. This as Congress Seeks to do away with them both. The biggest problem is that Congress Wants super cheap mortgages and they want to eliminate taxpayer risk for the housing market. And thats just a holy grail you cant get. Now the leading proposal in congress is a bipartisan bill from senators corker and warner. The bill would require that both investors and borrowers pay into an insurance fund. The government would be there, but only to guarantee the Mortgage Backed securities. Not the loans themselves. The fund would act much as the fdic does for bank deposits. You cant have a functioning housie ining finance system whe private capital leaves it in the next recession. Constant liquidity provided to the u. S. System and that comes from the u. S. Mortgage backed security. Investors would have to come back to a market thats been dominated these past five years by the government. Just look, fannie and freddies share of the market. First at the height of the housing boom in 2006, 27 . By 2008 when they were taken over, it was 30 to 40 market share. Today 68 . With fha and va loans making up the bulk of the rest, that according to inside mortgage fine nance. Federal regulators are trying to wind down fannie and freddie. They have increased their fees they charge lenders and also talk of lowering the loan limits. That hope then is that investors would come back to the market and banks would start lending outside of fannie and freddie. But that will, of course, take a loot of time. Plenty more online. Tyler . Thank you very much. Lets go to dominic for a market flash on an airline that is joining the s p 500. Dominic . How about the friendly skies delta in this case here. Theyre getting a pop in trading up about 7 . Late friday, s p, dow jones end disease will add indices will add delaware dell delta. Heres how some of the other big s p 500 additions have fared in trading so far this year. On july 1st we found out that info and Ratings Company nielsen would replace sprint nextel. Shares finished up 2 in the next regular trading session but a month later were down 1 . On june 3rd, we found out gm would replace heinz, shares jumped about a percent and a half the next day, down a percent a month later. Some stocks have carried immediate gains through the next month. Take Animal Science company zoetis. Still up 2. 5 a month later and then 21st century fox traded up half a percent on june 21st and still up about 12 even a month after that. So tyler, there are some hopes, but again, admission to the s p 500 doesnt guarantee a success in terms of stock market performance. Back over to you. Thank you very much. Carl icahn on the Halftime Report on his decision to throw in the towel in the big fight over dell. Highlights from the always outspoken billionaire, coming up next. Phil lebeau come fly with me. If you want to find out whos doing business, see who is using their Corporate Jet and where theyre flying to. We have the latest numbers on what industry is up, what industry is down and where in the world is business taking these Corporate Jets to. Thats when power lunch returns. You really love, what would you do . [ woman ] id be a writer. [ man ] id be a baker. [ woman ] i wanna be a pie maker. [ man ] i wanna be a pilot. [ woman ] id be an architect. What if i told you someone could pay you and what if that person were you . When you think about it, isnt that what retirement should be, paying ourselves to do what we love . Carl icahn is taking his marbles and going home. The investor is bailing out of efforts to block the 25 billion of dell saying it would be almost impossible at this point to win. He talked with scott on cnbcs a fast money Halftime Report. We did the work the board should have been doing. I never seen a situation that points up to me for better Corporate Governance in this country. Not only were they not interested but offered me 25 million to go away. Take a look at where shares of dell are trading up a fraction, 1 cent at 13. 85. Icann enterprises up almost 3 at 77. 85. Taking flight, takes us to the world of Corporate Jets today. Phil lebeau following the streams and the numbers, live for us in chicago. Phil . Tyler, this is new data from jssi which basically services and maintains about 1600 Corporate Jets around the country. They have a pretty good sense of whos using their jet and where theyre going around the world. Theyve broken it down by industry. This is q2 data, what stands out, Corporate Jet use in the Second Quarter up about 1 year over year. Not a huge increase. Up 3 quarter over quarter and an increase among Industrial Companies and in those sectors in the industrial complex, power and Energy Leading the way. Increase of 35 in terms of use of the Corporate Jet. Followed by consumer goods. Reals estate no surprise given what weve seen with that sector if the first half and automotive up 10 . Whos not using the Corporate Jet as much . Well, tech firms. They saw a noticeable depreciation in the amount of time spent in the air on the Corporate Jet and Financial Firms slowing down their use of the jet in terms of where theyre going around the world. And where are businesses flying more often to in terms of conducting business . Well, jssi breaks it around by regions around the world. Europe up 17 , the middle east up 9 , and then here in the u. S. Up 6 . Surprising that you see asia and australia down 13 . The bottom line is this, we are seeing the Corporate Jets used more often, its not a huge spike, but we are seeing it continue to grow at a steady clip and in europe being up 17 , sue, im not surprised. Eastern europe from what i hear from people in the Auto Industry its red hot and the