Weekend. Europes own sentiment turned positive in september for the first time in two years. Mixed arrows on the continent. Our road map begins with the president stepping up his push for a strike in syria ahead of his National Address scheduled for tomorrow night while syrian president , assad, denies the use of chemical weapons and threatens retaliation japanese gdp and chinese exports coming in stronger than expected countdown is on for tomorrows am event. Fresh reports about faster and cheaper iphones Goldman Sachs resuming coverage of walmart, target and cosco. The president accelerating his push for a military strike in syria. He will do multiple broadcast interviews today and address the nation tonight. Assad responding to question about chemical weapons being used to charlie rose. Our forces were attacked chemically in another area. They went to the hospital as casualties because of chemical weapons. In the area where they said the government used chemical weapons, we only had video and we only have pictures and allegations. We are not there. Our forces, our police, our institutions dont exist. How can you talk about what happened if you dont have evidenced. We are not like the american administration. We are not social Media Administration or government. We are the government that they would react to. When we have evidence well so, jim, obviously, this is what we are up against this week. A lot of binary questions and optionality. How do you trade it . Assume we are going in. Something is going to happen. President obama is going to go in. I have no doubt about it. I think he does it harder than anybody else would ever think. I think this is going to be a take out of the man we saw and all of his top people. I think this is going to happen sooner rather than later regardless of the vote. Thats one of the reasons the futures arent up as nearly as i would expect. Is that a short equity or long play . I think a goal is doing nothi i think oil and gold are right here. People will say. He will do the speech. People didnt think obama care was going to get through. Do not underestimate this president. He is powerless. Oh, please. President obama is anything but powerless. Are you of the belief that he will win the vote and, therefore, we will move ahead with some sort of military action but he wont but we still sfwhil. I think this man, this dictator is incapable of doing something that makes it suddenly a peacemaker. I think this man is his own worst enemy and he will be taken out. Thats going to be interesting. There has been some chatter as to whether or not the white house if the sen nalt passes a resolution, whether they withdraw from the white house and say, we are going to go with half of congress. There you go. It leads to other questions. If he foregos a fight in congress, does he go back with a summers vote. Does this decrease the chance of summers getting the job . Thats a level of linkage thats sophisticated. I do think that people who think this is one of those things where summers is somehow not going to get in, oh, please. Do you think these press reports are really about yellin winning . No one wants to step forward and say, i want summers to win, which is rather odd. He is a guy that could come back and haunt you if you are against him. I heard the president and the early opposition to summers, the letters written in support of yellen only strengthened the resolve in it being summers. We are not going to get a nomination until, as the president said, after syria is resolved in some form. I had supported summers as i was an alumnus of harvard. Supported summers for president. The women trounced that. There was a little bit of a gender gap. It couldnt be overcome at harvard. Could it be overcome in the senate with Elizabeth Warren . She is a key opposition vote. She is a very tough customer. Along with the Sharon Browns of the world. Do you feel like we are still in for a 15 handle on the s p . Why did we break a fourweek losing streak on the dow . I look at the chinese baltic freight that came out last ni t night. We are talking about staggering numbers, euro zone confidence and chinese exports. I am saying, geez, do we have some sort of boon going oversees, japanese olympics . Could we be carried up despite Mortgage Rates . I still think they are a facto. It did help the asian markets to some hefty gains. Upbeat economic news. Japanese Second Quarter numbers, what were they . Gdp was rising sharply higher, up to 3. 8 . 2. 6 growth had been what we previously were working with. There had been a consensus that number was low and we would get to a higher actual number. You have data showing chinese exports up 7. 2 in august. That was ahead of expectation. A 6 increase with consumer Inflation Holding steady last month. Yum brands, talking asia, reporting a 10 decline in stores. Kfc, taco bell and pizza hut says they expect them to resume in the fifth quarter. You mentioned better than anticipated growth in asia. It seems to be grabbing hold and getting some tracks. There is a tax issue people talk about. There is. Now perhaps they will feel more emboldened to do so with the higher gdp numbers in japan, to raise more revenue. In china, i will say, you said two key things for a while, europe bottoming and china not as bad as feared and leveling off also. So far, so good. Could be better lucky than good. Take credit when due. People give you plenty of a hard time. We did very well this weekend at the barbecue. At my cookoff on ribs. So you take it where you can get it. Im losing fantasy. 126 was the addition for the baltic freight. Here is a good example. Young, that was not a great number. My Charitable Trust says. What is the stock doing . It is up almost 1. This is the benefit of the doubt being given to overseas. Whats wa the last time . These positive articles about mexico. Mexico is taxing people. Suddenly, thats good. I believe that japan olympics cob a gamechanger. They have needed a giant infrastructure program. They have olympic quack squawk street. They need a stadium for that. We dunk each other. We saw the video when the announcement was made by the ioc. Literally, jumping up and down. What is that . It is kind of like the age of walmart, isnt it . The age of walmart, yes. Walmart buys this recommendation by goldman. They say target and costco are holds. I think they are too negative on those. Obviously, front page of the ft today, i dont know how you feel with europe. A lot of increasing anecdotal information that investors are dipping out of, taking some money off the table of the u. S. Going into europe. I thought that was my Charitable Trust owns a big position in europe. I read that article. The numbers are staggering. Ft has been doing some very good reporting. This art icle said risk is back. This isnt anything but emerging market. Every day, the data out of europe seems better and better and better. I do wonder if spain would recapitalize the tax, we would get good news out of spain. The u. K. Seems very strong. You mentioned that. You mentioned raising rates. Really . I think that mr. Carney, dr. Carney, did you notice he is dr. Carney. Dr. Carney may be in a difficult position because the uk is doing well. How many times did they say special relationship. The special relationship seems to be breaking down. Yes, it does. It doesnt seem as though our memories of our employment number on friday are very long here, though. David, you know how much happened this weekend. U. S. Open. Geno smith had a pretty good game. It was all right. That guy who shoved jim out of bounds. That was incredible. They are saying the job is his. That jobless number was a very long weekend ago because of these. Thats gone. Well forget about that. 148 average over the last three months. Well forget about retail sales being very mixed picture. We talked about it. The consumer, not so bad. What else can we forget about . I remember the labor secretary saying it was a good number. Thats what i recall. I remember him saying that every single months for the last foif years. It reminds me of Brian Cranston saying in the movie argo, it was the least bad of the least bad numbers, Brian Cranston and the Labor Department. Excuse me. Walt. Jesse finally went and called him walt. You so decco on the bottom of the screen, jpmorgan tends to elect Linda Bammann and michael neal as directors. Those who work with mike neal at g. E. Know that he is one tough ombre. Also, some changes to the corporate governs practices, establishing a lead independent director that will be able to call a Board Meeting at any time when the ceo is conflicted, not just when absent. Can approve the board agenda for a meeting and may add items. Incremental move here, david . It would seem to be. This has not been an easy period for jpmorgan, we know that. Diamond succeeded strongly in keeping the chairman of the ceo and jobs together. What that is been. The last three months have been unrelenting in terms of them taking a pounding. It goes on and on. They are the target. We dont talk about Goldman Sachs as much anymore. Goldman was in front of the senate with, listen, senate, this is wait it is going to be. They also insisted they didnt need the tarp. Jamie did the fortress Balance Sheet. Money was coming in, not going out. They think it is feeling like the fortress in bojes. Every man must do his part, dead or alive. It has been a typical time for jpmorgan. People are saying, they are showing more responsibility. I am worried about mortgages. I think mortgages are bad. One of my themes is, how can you maintain the housing market. We have autos. We do not have housing. We need Mortgage Rates down. Interest rates down. Trying to figure out why the market isnt more. By the way, this week, also busy on the apple front. A lot of anticipation surrounding tomorrow ace big apple product event. A new report says the tech giant will unveil two models, a new iphone with a faster processor and another lower price modeled which could allow apple to expand into other overseas markets. 160 million subs. Is this an answer to a low android around the world . It seems like it. This is a stealth moment for them. This is the china play. They were very defensive on the Conference Call about how they didnt have enough china exposure. This is an teens the analysts, which is basically, we are back. In the meantime, i dont feel samsung having that great edge anymore. They seemed to have that momentum. The ceo was speaking last weekend talking about taking over the world. It felt like it had more of a brain feel the way that apple has come on. How can you have a straight face. You have mentioned that a lot and i never connected to that a lot. Your kids watch pbs . All he watches is sports center. He is 11 years old. Thats it. He does this fantasy football, which he just sits there and watches while the games are on. Well, i went up against a buzzsaw of adrian peterson. Here i am sitting with andrew luck looking really good. Fitzgerald is busy. He is back. It didnt matter it. I was put to shame by kyle, who happens to be my stage director on mad money. Or was. It gets that nasty on mad money . Yes. Kyle is not going to be happy to hear that. How do you think i won the super bowl last year . Guys playing a lot of guys against me. You have had 100 turnover on your staff since then . Lets just say, there is more to life than the show. Fantasy. And tonight the eagles play. This is another reason i wont be thinking about the Labor Department number. It is called an employment number. It wasnt very good. There was no one they could find except for paris to say it was good. If you want to be that negative, go right ahead a retail hat trick. Golden making a call on walmart, target and costco. Well tell you who got the buy rating. Well talk about that. This is a good one. A lot more squawk on the street live from post 9 in a minute. With fidelitys options platform, weve completely integrated every step of the process, making it easier to try filters and strategies. To get a list of equity options. Evaluate them with our p l calculator. And execute faster with our more intuitive trade ticket. Im greg stevens, and i helped create fidelitys options platform. Its one more innovative reason serious investors are choosing fidelity. Now get 200 free trades when you open an account. Welcome back. Remember that big battle over the leverage buyout of dell . Thats going to go to a vote on the 12th of september. Of course, expect it to fly through, get approval for that deal after they change the voting standard you may recall. In fact, this morning, carl icahn, the main enemy of the deal itself has thrown in the towel, saying there is not much more i can do at this point in a letter that he just released, an open letter to dell stockholders. He will continue to look for appraisal rights and continue to say this is the wrong thing to do by icahn also says, i realize some stockholders will be disappointed we are not going to fight on. Mainly through activism, we have enhanced stock holder value. Billions of dollars, we didnt accomplish this by waging battles we thought we would lose. According to the chance report in delaware, they were perfectly legal in what they do. We congratulation michael dell and intend to call him to wish him good luck. In parenthesis, he may need it. How about the clark gable line invoked here at the end of gone with the wind. Frankly, my dear, i dont give a a damn. Friday, tkr, interest, the ceo cop seeded to the relationships. He came on air saying, i think relational is wrong. It is a mistake to split it up. The board considered it and said the ceo, you better get on the case. If there has been anything this year that has been a trend of great significance, it is the rise each more so of activism. We could have seen that the year prior and even the year prior. The Larger Companies have responded and done so. Whether it is microsoft, very interesting there. It appears they signed that stance of value act and did this incredibly unpopular nokia deal. So many large he have companies where activists have been able to potentially change even though their economics is so strong. To your point, the companies where they are able to take sizeable stakes. Icahn got you a little more money. Without carl, you would not have gotten that. I think when i see Something Like a jcpenney, there is a givup of an activist. Mark cubin, on squawk on the street, little notice, took down 1 million shares in that block. Other than us, is there any one that didnt take 1 million shares down. Thats a very chunky shareholder basis at jcpenney. Perhaps they go and buy a lot of stocks and. They are going to need a bigger closet. Taking the fast lanes towards profits. Cramer has you ready with his mad dash. Dont go away. [ female announcer ] youre the boss of your life. In charge of long weekends and longer retirements. Ask your financial professional how lincoln financial can help you take charge of your future. How lincoln financial can help you take charge of your future. Nascar is ab. Out excitement but tracking all the action and hearing everything from our marketing partners, the media and millions of fans on social media can be a challenge. Thats why we partnered with hp to build the new nascar fan and media engagement center. Hps Technology Helps us turn millions of tweets, posts and stories into realtime Business Insights that help nascar win with our fans. Time to do a little mad dashing 5 30 before the bell. Mole xcels to koch industries. This has been around for a long time, venerable company. Everyone has said it is great. Everyone has said there is two classes. You have a 56 premium. 38. 50 is the price for the people that care. Thats the one that trades. We have learned that life is unfair. Is this the type of thing that can be blocked or is that okay . You have family control. They have the vote. You are paying more for the vote. It doesnt trade. You knew that going in if you were a shareholder there. You have a controlled share hd. D 115 billion in revenues for co koch industries. The techlt ntacles reach widely. If you are going to see takeover names in tech, this might be a precursor. One of the things you get being checked on correctly are deals. They havent been that big. Jim stewart with a piece in the New York Times talking about the regrets of verizon not moving earlier. Every tick up in Interest Rates costs some money. We dont have a lot of deals but we have a lot of, a. Stay tune for that. Brace yourselves. A busy market week ahead. The opening bell coming up next. In a world thats changing faster than ever, we believe outshining the competition tomorrow requires challenging your Business Inside and out today. At cognizant, we help forwardlooking Companies Run better and run different to give your customers every reason to keep looking for you. So if youre ready to see opportunities and see them through, we say lets get to work. Because the future belongs to those who challenge the present. [ babies crying ] surprise your house was built on an ancient burial ground. [ ghosts moaning ] surprise your car needs a new transmission. [ coyote howls ] how about no more surprises . Now you can get all the online Trading Tools you need without any surprise fees. Its not rocket science. Its just common sense. From td ameritrade. You are watching cnbc squawk on the street live from the Financial Capital of the world. The opening bell set to ring in about 20 seconds time, coming off the best week for the dow and the s p since midjuly despite the worries of syria. Developing economies around the world continue to grow and even emerging markets, like china. There is an endless resilience that keeps befuddling people. Where is the big worry here other than people talking about taper . On the big board today, masonite international, the designer of interior and exterior doors celebrating their listing. At the nasdaq, the swedish minister for trade. You are going ton the presumption the president will move in syria . Are you, looking at rtns . They have been so, so strong. A lot of the strength defying the reality. T