Repercussions. We will bring you the speech as soon as it happens. Team foxbusiness is in place right now. Blake burman is hearing all kinds of news leading up to it. Attracting the senates up to the movement. Or remain rooted in procedural quicksand. Theyre also extending my life to analyze the speech that the senate gop will vote yes. The homebuilders are building muscle. Todays existing home sales and prices crushing. Its now the time to lock in low rate which seems to be old enough the biceps as well. They blast passed an alltime record close earlier in the session that can enclose in that thinner air up there. How about straight as. Alpha met with the big earnings reveal. Lets start the countdown. How is this for a monday. Look at this intraday chart. They blast through the record roof. What we need you to do is watch them in the final half hour. It has spiked even higher up 19 points. The tech heavy index is on track to close in record territory be the fourth record close in the last five sessions. But almost more and presently would be the record close purity date. Not bad. Up 17. 6 percent. This is the chief equity strategist. The sector in which it rests. And then outperform in the second half of the gear. They are leading the charge as usual. Coincidentally though there are three names this week. They are on the edge of their seats. Youre not seen a huge runup right now. That is at record a record high of more than 1 . It is the highest level in history and now on track for another record close. Fourteen points right now. Remember we were waiting on amazon to hit a thousand. A show of hands. How many of you have gone on web m. D. To self diagnose random medical system. They are buying the health care. For 2. 8 billion. Still up searching 19 and a half but what that kinda makes you able to see is the fact that its not reaching the buy price. Its pretty while priced for that kind of premium. At that moment we watched shares of web m. D. By then gets some the get some muchneeded love from wall street with an asterisk. We would like to remind you certain things. First, blue apron struggled since the ipo back in june 29. Today it is up 14 and a half after three brokerages officiated a covered with a buy its at 7. 49 but i must tell you many of the brokerages that upgraded and gave it a rosy scenario where the same brokerages that helped bring it public that helped bring up the ipo. See what kind of relationship they head with the stocks into the calls on the stock. We expect President Trump. This is President Trump did warn on twitter that this is what they have to get a deal done. After years of complaining. In talking about it for seven years. Even threatening the Trump Presidency now that there could be repercussions if obamacare is not repealed and replaced. Repercussions such as calling out individual senators. We will see that in just a couple minutes. President trump soninlaw appeared in the closeddoor meeting. They are concerning the russian dealings make it making a statement that the white house said he did not collude with russian officials and that all of his dealings were transparent in press proper. Pressing on the clock here. Supposedly is President Trump in his speech. 315 in the blue room. You can expect them to look right in the camera and report and the motion to proceed. Here is the analogy. This kind of what the president is going to be asking here for republicans to do. As early as tomorrow. You can expect Vice President pence in the room. Tom price along with two dozen or so obamacare victims. The president on this day has already sent out a tweet in which he said it is the right thing to do. The budget director said hes not sure how republicans could go back home in september if they dont get anything done in defend the party. And what we are expecting from the president momentarily. There were words as well from the white house from someone that we never really see on camera and that is of course jared kushner. It started this morning with an 11 page release testimony that he put out in which he said he had four different contacts twice during the campaign and twice during the transition with russian officials but he maintained throughout the he is an absolutely nothing wrong. I did not collude with the russia nor do i know of anyone in the campaign who did so. I have no improper contacts i have not relied on russian funds for my businesses. And i had been fully transparent in providing all requested information. He said he spoke twice with the russian ambassador. Once during the transition. That one time during the campaign lasted less than a minute. Blake burman outside the white house. Any minute as soon as we see the entourage coming in. You have mister price, secretary secretary pricing will be taking the microphone and then President Trump. No shortage of action. We do have a major action but major inks also. They are gearing up for a wild ride this week. With a pretty stunning that will report results. We will hear from the alphabet, facebook and exxon mobil. Of course on wednesday i will be paying attention to her shes. All of the names you know very well. One of about one fifth of the S P Companies that reported so far its about 76 have actually been earnings estimates. What are we really digging for in this weeks batch a bigot names. Hey guys lets ceo. Is there one in each sector. That could set the tone for the entire sector. It was netflix. I got higher and kept going. Today i do think google is important. Its not an alltime high. If it reports a good quarter. Think its about a thousand. I think there will still be more room in those momentum names. All eyes are on google tonight. I would not ignore the homebuilders. Those were existing homes. When you see these numbers we do have the homebuilders mostly down at the moment even though we had Housing Starts there were great numbers last week. Do you see any thought of that. Its interesting that you had pockets depending on where you live. Where there is a lot of demands for houses. The shortage of actual supply. We are still significantly below where we were in 2007 so where is the russian markets compact the other has not. Weve have this amazing epic snapback. Apple does not report. I think you might see some movement to the upside. With into anticipation of those numbers. I like revenue. We cant really engineer revenue. In the home prices. And a record alltime high 64 in a row. They are trying to keep a lid on the output. The little play with oil. I just summarize it here. Everybody in opec said take on the production first. It is really important. So the new metric to watch for oil prices is going to be inventory and counts in the u. S. I think they want this big hangover in oil to go down. And to have a lot of incentive to do it. We talked about that. I think theyre gonna try to drive prices up. Its going to go up slowly. I dont think we will reach 50 before the end of the year. They might want to drive prices up. We are going to be a leader in this area. That will put a cap on prices. Good to see all of you guys. Alphabet is actually up for earnings after the bow. People want to hear what they say. They been 36 and 46 percent. A complete analysis to that report. With about 47 minutes before the bell rings we are waiting for the big announcement of when the president is about to enter the room at the white house. He will no doubt have very much. The inability to move forward. Stay tuned. Experience uncompromising performance at the lexus golden opportunity sales event before it ends. 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It still remains to be seen whether they will be voting on just repeal of obamacare or replacement as well adam shapiro cindy by life i just wonder what will happen. On top of that could he go a little rope and start calling out individual senators. He could try to call them out. You dont score points by calling up people who said absolute no. At the jamboree of gym. The president well have an opportunity to see the future leaders of our country. I look forward to welcoming him to the mountain state. They are using the bullet to put a little pressure was going to be right there with them. Now be awkward with the auppercaseletter i would think. Maybe not intensity take amandas tone. He wants to see something done. Is obviously frustrated as are many americans. They are a little confusing. They would be covered many of those would be by choice and to keep this simple. The way the cbo says it is 22 million would be uninsured. There was a leak of numbers would be uninsured. The wording here gets very quick tricky. And that is part of that. I want to bring in brad lakeman who was also standing by. As will wait the president do you think you will he will start calling out some senators by now what Susan Collins has made it very clear the senator from maine is that she wants to go back to committee and talk to more people. Talk to governors. What that should have it in. They been voting to repeal. Careful what you wish for. The American People took your your word. They gave you the power to do it. If a house of the senate and the white house. The only person they should be calling out my name is chuck schumer. They were moving to a singlepayer system. But that doesnt that doesnt put the fear of god into the senate as a body the republicans especially i dont know what well. It clearly could never be on the table. The republicans need to step up to the plate and do their job. I do what they promised. Things can move up the table. And you know how politics work. They look like they were compromising. We also had standing by with brad richard fowler. Theyve had more power than it has have in ages. And yet there is an hourglass with the sands sands of time running down. You should come. We will talk about it. I will keep the rhetoric at a lower timber. Is that a possibility. I think on healthcare it is a possibility. What it lacks right now is a political will when the patriot act went out. Now they had had seven months after the seven years of repeal that they been talking about to put together a plan. They dont have the political will to do it. The democrats are willing to come to the table. They be happy to engage him in a conversation. If they drop the whole idea of repeal why did he just go. What is a he does here everybody has to say. They will give if they get a little get. They do a straight up repeal it could cost 26 or 20 million people. For democrats thats a red line they are not willing to cross. How do we repair the report affordable repair act. They tweak a couple of things and they put in some differences in policy. I think democrats want to have that conversation. They have invited the republican senders a number of times. Brad, as part of that which bill will come if they vote to move forward procedurally. It is a fair question. Im not going to on this. In the next day he said to replace the realize probably that there could be some real mayhem in certain states. They quickly pointed out seam is going through the hourglass and time is almost up. Tony 17 must be a year of action. 2018 was there. It has to be repeal and replace. Insurance companies had to plan for next year. A Good Corporation is looking five years down the road when you talk about repeal you have to talk about replace and by the way any repeal in replace would have a sunset for at least two years in order to satisfy what they talked about. The winding down or the modification of obamacare itself. People who know me had felt like they are the ones who are sitting in the stand clapping and eating their popcorn no matter what happens. At night up 346 since the obamacare. Theyve only piled on. Look at united healthcare. We are free marketeers. I dont begrudge any Company Making money. But at what point do they insert themselves and say okay. I will take one leaf off of this. How can we take some of the burden. I always in famous for saying that. They have a fiduciary responsibility not to the customers but to their shareholders. This is why even in the Affordable Care act i saw this problematic. And then try to rein them in and regulate them to cover people they would not regularly cover. It has everything to do with the factthat they have all those new insurers. As problematic. Having private Companies Engaging in our healthcare maybe should consider the options. When you talk about 16 million of the 23 million that would be uninsured is because they dont want to pay for it. And then when their house is on fire they want to run in and say quick i need to sign up for insurance policy. Are you kidding me. The ends is upon us. There has to be consequences for bad decisions. Wouldnt that be some kind of requirement. If you make the penalty so as i then you force the insurers to offer skinny bundles for people who dont need that much does that help you bring both sides toward the middle. And they love to let the Insurance Companies and lobbyists to write a letter to Mitch Mcconnell who then blackline that right out. Whatever they decide on healthcare window we know has to be conference. That is just the beginning. They do this under reconciliation. And we dont even get to the marketability. I head at best and im in the obamacare system i have casualty insurance. Before i ever get to healthcare in addition to a high premium. I think there is news now that we can say that they are a step closer to getting this through. We found out today that mike lee one of the holdouts in the conservative holdouts the amendment that allowed Insurance Companies to sell other types of plans. It is likely to be a guest now. In the current form of the bill the full monty of the cruise not some watereddown version will be in the new bill. They can get lee than then they are chipping pretty close. If they get lee on board. Which is more free market. That is a real question. If you want lee on board and looks like he is coming on board and youre getting kind of close. After they had 50. They have 250 because there is no way that this thing goes anywhere if we lose one person. We cannot afford to lose anybody. With lee and do we had 50. The republicans have 50. It will be awful close. We have some people sitting on the fence and is a reason why the president is coming out. This is a team effort. And its better half then know at all. Republicans have to be a team and this is where we will score. We should really be counting votes here. I dont know if were close with that. They have the hell are out of nevada. I have just been told that we are two minutes make that now one minute and 40 seconds away from what the white house is calling the victims of and Michael Price who is Michael Price why do i keep saying that. He was a prominent money manager. The president will be there as well. The real question is for the moderates that say this moves to the cruise side. Is there any sort of modern political are they fearful that anything is can happen to them. What is the better way. Here is the thing. What they are saying a lot of them are in states where their state decided to expand medicaid. In her seat. They wake up and they will be uncertainty. That is a hard bargain for them and where democrats come and i do believe that if republicans are willing to drop this mantra of repeal in replace then we can have a conversation on how we come away with that. Then you basically enforce and make stronger i think the problem that you have here is that the argument everything he did was bad. There something they did very well. Think you for inviting us to the white house today. We are grateful for his an incredibly strong commitment to patient centered healthcare reforms. I like to think the families who are with us today to tell their stories. The uncertainty and hardship that each of them had faced in confronting the Health Challenges are of the remember minder for all of us why in action on this is not an option. They are failing to deliver for the American People in the folks here in this room are a stark reminder of that problem. The principles of healthcare are pretty clear accessibility and affordability and quality in choices you all represent millions of americans for whom doesnt principles have been violated. And it is because of your voices and your experience that we are here today to urge congress to give the president about the sign the president has laid out a positive vision for how to fix this mess by putting patients and families and physicians in charge of this assistance. The American People enjoy a Healthcare System that works for them the president has made that crystal clear. And an individual who just like the president has a working day and night on getting this accomplished is the Vice President he understands the imperative of patient centered healthcare and its an honor to introduce to him my friend the Vice President of the United States mike pence. [applause]. Thank you dr. Price and good afternoon to all. To the families who are gathered here from all across america on behalf of the first family. Welcome to the white house. Since the first day of this administration resident donald trump has been working to keep the promises that he made to the American People. To rebuild our military revive our economy and this president has worked tirelessly to repeal and replace obamacare. President trump knows that