Temporary amnesty to 8,000 Syrian Refugees already in america, with no fear of deportation, no background checks. What is up with that. We have details. A lot of news coming up this hour phil flynn at the cme. Watching oil and gold move in opposite directions. We have lori rothman on the floor of new york stock exchange. Lori, first to you on this down day. Youre watching a bright spot in media. I love it, lady. What have you got . Discovery communications. Owner of the Discovery Channel and animal planet. My cat from hill, one of my personal favorite programs on the channel. Beat in terms of eps. Shares of Discovery Communications put on the best way on wall street more than a year. Renewed Distribution Deal with liberty global. They have access to discovers full customer base. Biogen, shares were halted. We learned from the wall street journal that allergan and america may be interested in doing a deal with the biotech giant. As you can see, after the halt shares soared better than 9 . On other side of the coin, zika in miami. So zika fears really hit airlines today. Look at those declines. Delta down nearly 8 . United continental down 6. 25 . Jetblue, american, small regional carriers all the way up to the main line carriers everybody was hurt on the same theme with reports of zika in florida. Im going to head back to start looking for some earnings reports for you guys. David a lot of earnings are coming up. Thanks, lori. Phil, oil closing below 40 bucks a barrel first time in four months. Gold going in the opposite direction, settling at a twoyear high. What is going on . That has been the story really nor for the month of july into august. What we saw oil is getting concerned about the slowdown in the Global Economy. That story lori talked about is very bearish for oil. If people dont fly, guess what . That means jet fuel demand goes down. That means lower demand once the stock market turned down then Oil Prices Went with it. Look at gold and silver. This trade has been unbelievable. Since brexit this market has pretty much gone straight up. We saw in the month of july, physical buying for gold was the strongest since prices collapsed in april of 2013. So obviously were seeing a direct relationship in the rally in gold on concerns about the Global Economy and what brexit means and what that means for currencies. So a lot of physical buying of gold. When theyre doing that, david, theyre very uncertain what is going to happen next in the Global Economy. David perfect wrap. Thank you very much, phil. Cheryl. Cheryl the dow as were looking at numbers, we are ending in the red for the seventh day in a row. This marks the longest losing streak in a year. Havent seen these numbers in this type of situations, seven days of losses since august of 2015. Lets bring in jared levy from profitable trading. Com. Well talk to you about the numbers. We have earnings coming out. We have earnings coming out. I apologize for some of the numbers coming out. Overall market breadth is trending negative. August historically can be a rough month for stocks. On top of that we seem to have a knowgrowth environment in this country. Yeah. The s p right now seems on track to be negative earnings and negative revenue. I think about 350 of the s p components i reported were looking at about negative 3 Earnings Growth from last year. Earnings are down. We talked about earlier though, that money is still coming to america. Why . Because were the best thing going. There is a yield chase going on. There is really no other place to park your money. The question now becomes he this, how much longer does the charade go on . Cheryl central bank charade . Im guessing what that your meaning but the central bank charade . The central bank charade, but also the what is the true value for stocks . Growth is negative. Where is reality. What a lot of peoples mind. Cheryl right. Were getting to a point where that might be changing a little bit. Were trending now sideways. This breakdown could change it. Cheryl i totally understand that. I want to bring in kevin kelly. Kevin, stand by for a moment. Were get earnings from electronic arts. I want to bring in lori rothman from floor of the new york stock exchange. Lori what do you have. This videogame maker, there was a beat. They were supposed to report a loss but it was nice profit, seven cents a share. The expected was a loss of two cents a share on much better than expected revenue, 1. 27 billion when revenue was only expected to be 650 million. That is actually pretty good. On the downside, the fullyear forecast. This is what everybody was really looking for in terms of the wall street analysts. Looks like they are guiding lower in terms of fullyear revenue and eps. Revenue about 4. 75 billion versus expectations of 4. 9 billion. Driven by digital downloads. Made up 55 of revenue. That is consistent. Fifa games, or star wars games. I dont know if you have experience up loading these games. I certainly dont. Apparently the rage in video becaming community. Pretty decent quarter for electronic arts. Going forward there are obviously questions. Cheryl looking for a little bit of a build in the stock. We got a pop on that one for you. What are the numbers for you. David aetna saw a boost beating wall street estimates. Ceo also announcing, this may have something to do with the companys value going up, the company has plans to reduce expansion of obamacare. Nobody is making enough money to sustain the enterprise and what we have to do we have to create a risk adjusting mechanism to manage that if its a highrisk pool, call it a highrisk pool and manage it that way. But we tried to create a level pool across the whole country with one premium rate and that just wont work. David it wont work. Here is devin kelly from Recon Capital Partners and jared levy is back with us as well. Will any insurer make money with obamacare. Weve known this with the writing on the wall. They are the last of the five big insurers to cut their programs. One of the reasons why, the ceo actually said it himself, earlier through the Earnings Call and through the reports is basically all the costs have shifted to specialty pharma. So the really, real sick people who need health care are enrolling in these programs but not until they actually need the care. There is no incentive for Healthy People to join the marketplace. David so, jared, since all five major insurers are going to be pulling out of obamacare, it is only natural who will be move in for private insurers . The government. There will be some Government Entity to insure those people. Isnt this what president obama always had in mind . We know from the beginning he was in favor of one payer, which means, you know, it is the government . Right. So you know, the obamacare is basically like betting on a threelegged horse, right . Were forced to keep betting on it, betting on it, beating on it even though its a loser. Two things happening. Potential towards government owned or governmentfunded program and youre hearing a lot of this, mergers and acquisitions. They are like, how do we beat the system . We become monopolies and keep raising penalties. This year if you didnt enroll in obamacare it will be 695 for individual. That is 600 increase in two years. David right. So the government is trying to figure out ways to force us in or take it over themselves. It doesnt work. David either government will come in or we have more earnings out. Company that makes fitbit is out with Second Quarter results. Lori rothman has the numbers. Hi, david. A beat top and bottom line for wearable fitness devicemaker. 12 cents a share versus 11cent estimate. 586 million versus 578. 48 million. Fitbit says they told 5. 7 million devices. Now im not sure how that compares with what wall street analysts were expecting in terms of devices sold because were seeing fitbit shares in the extended session really bounce between gains and losses. Now the company has not released a new device in this quarter. They did spend a whole lot in sales and marketing some there is perhaps some concern that the spending is a little bit high compared with the device rollout schedule. Well continue to follow the reaction in extended session here. But for the most part for the quarter looks pretty good. It came in better than expected. Back to you, david. David cheryl has one she is wearing right now. Lori, thank you very much. Cheryl like it but again they have a lot of competition, david and lori. Lets talk about automakers. They reported mixed u. S. Sales results for month of july. Got numbers in today. Raises concerns that industry is starting to stall. Ford, gm, toyota announcing yearoveryear sales declines. Truck sales were driving numbers for last several years. Now trucks seem to be flattening out in particular. That tells me the overall economy might be stalling a little bit, kevin. Big suv market that drove growth may be starting to stall. We may see peak auto sales as subprime starts to increase. Fleet sales were up. There is highly incentivizing consumers now. Saw that through gm. Theyre using incentives to drive sales. Everybody needs to be really careful, especially looking at the durable goods number that came out last thursday. That was disappointing. That is forwardlooking indicator. Car numbers are forwardlooking indicators. Investors need to focus giving guidance for the future. Gdp came in below expectations last friday. People need to be careful. Cheryl they worry numbers are plateauing despite the fact oil is 40 bucks a barrel despite the Global Economy, still this is a plat foe tore these guys. Sort of a problem if you think about it. With low fuel prices they should be selling, larger cars should be selling. This jibes well in last weeks gdp report. Weak business spending overall. A lot of Small Business owners buying a suv or truck to haul and move up. If theyre not ponying up for autos, again that forwardlooking indicator could be a sign of things to worsen in gdp. This is second sign of bad month in industry. Cheryl if ford f150 is not doing well, i dont know what is going on. Appreciate it. David its a pickup. Cheryl we love our trucks, come on. David here is something you may not love. The u. S. Border patrol providing a guide for Illegal Immigrants how they can avoid law enforcement. Why one policy aimed at helping the community could be making matters a lot worse. Cheryl meanwhile president obama, running out of time and support for his pacific trade deal as he tries to make the case to america again. David the president using his strongest language yet to make the case against donald trump, calling him unfit to serve and woefully unprepared. Trumps National SpokespersonKatrina Pierson will be respond. There have been republican president s who i a disagreed with, i didnt have a doubt they could function as president. I was right and mitt romney and john mccain were wrong on certain policy issues. But i never thought that they couldnt do the job. Ng back on my longterm control medicine. I talked to my doctor and found a missing piece in my asthma treatment with breo. Oncedaily breo prevents asthma symptoms. Breo is for adults with asthma not well controlled on a longterm asthma control medicine, like an inhaled corticosteroid. Breo wont replace a rescue inhaler for sudden breathing problems. Breo opens up airways to help improve breathing for a full 24 hours. 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Doing the right thing has never been easier. Legalzoom. Legal help is here. Olympics 2016, let me get you on my level. So you never miss a moment, miss a minute, miss a medal. Why settle when you can have it all . Soccer to wrestling. Track and field to basketball. Fencing to cycling. Diving to balance beam. All you have to sa is, show me, and boom its on the screen from the bottom of the mat, to the couch where you at . Show me the latest medal count xfinitys where its at. Welcome to it all. Comcast nbcuniversal is proud to bring you coverage of the rio Olympic Games. Cheryl well, taking his biggest swing against donald trump yet. President obama denouncing the republican nominee at the white house earlier today. Listen. I think the republican nominee is unfit to serve as president. The fact that he doesnt appear to have basic knowledge around Critical Issues in europe, in the middle east, in asia, means that hes woefully unprepared to do this job. Cheryl here now, Katrina Pierson, Trump CampaignNational Spokesperson and steve murphy, a democratic strategist. Katrina, he is unprepared, no knowledge. What do you say . Katrina . I think this is, this is a classic case of projection. This is coming from a president who when he first ran for office, had zero experience. Had never created a job. Had never had to meet payroll and never had a real job. And look, this is a president who today has been singlehandedly destablized middle east. Were currently operating a economy that is 2. 2 trillion under average, killed millions of jobs with obamacare which is policy that the americans didnt want and forced it down their throats and unleashed global terrorism. So this president is unfit. Cheryl all right. Well lets talk about this for a second. You know what, steve . President obama is winding down. He is very confident he will get the Transpacific Partnership approved yet still will have some roadblocks in congress. Is there trump, mr. Obama really right spokesperson for Hillary Clinton right now considering where the economy is and where trade deals are . Oh, absolutely. Barack obama is one of the most popular politicians in the country. His Approval Rating is over 50 . The economy is very strong right now. Microeconomicly, real wages are up for the first time in many years. That is best predictor outcome of the of i will say one other thing about this. Katrina has her opinion. Barack obama has his. I certainly agree with him. The American Voters in all the polls by 60 say they do not believe that donald trump is qualified to be president. And they get to make the decision. Cheryl okay. Let me get your response to this then, because you know, steve, mr. Trump actually last night referred to Hillary Clinton as the devil. I want you to listen to this real quick. He made a bad deal. He should have not made a deal. If he would have just not done anything, just go home, go to sleep, relax, he would have been a hero but he made a deal with the devil. She is the devil. Cheryl steve . Well, they said the same thing about barack obama and he is a very popular president today. The same thing will happen with hillary. He can call her the devil right now. He is going to call her madam president in january. Cheryl katrina, your response . Well, you know, this was kind of funny today because this made the headlines. After all it was Hillary Clinton said saul alinsky was her mentor, and he did pay homage to lucifer. This was just a case of context here. Mr. Trump was talking about Bernie Sanders selling his soul, for example, like tpp. And in fact, in that case, Hillary Clinton would be the devil. Cheryl katrina, before i let you go, really quick, we just learned today that congressman richard hanna, republican here in new york, came out in support of Hillary Clinton. Is mr. Trump concerned about losing those in his own party . No. Simply because weve known from the beginning that this is going to be an election of the people versus the elite politicians. And for decades politicians will go and give canned answers, canned responses and read from teleprompter, tell you what you want to hear, get into office and do everything but fulfill those promises. Weve seen that time and time again. Donald trump is the outsider. I think you will see more of those elite politicians fall on side of Hillary Clinton because theyre all in the same pockets. Cheryl karina pierson, thank you for your time. Good to have you. Steve well see you in a little bit. David steve may want to respond this a later on. Election alert. Democratic National Committee announcing leadership changes in wake of email controversy. Donna brazil announcing departures of amy dacey. Louise miranda and brad marshall. Well see how that plays in the campaign. To russia with love. New questions about the Clinton Foundations ties to the kremlin. Next peter schweizer, author of clinton cash making a connection between Hillary Clinton and russia. He joins us next to explain. Why there is nothing terri about the United States taking in refugees from syria. Were going to take them into our country. Weve already started. Thousands and thousands. And we dont know, are they isis . Is this a trojan horse . What is going on . Many people clean their dentures with toothpaste or plain wate