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To knock the argentine peso down by about 2 percent against the dollar falling to 59. 00 against dollars. In the trade war continues to rage on as weve reported in the scuffle and spread to the auto sector now theres a new moves in the auto sector to report and pulling up to catch us up on all busy this and all things automotive is the cars coach lauren fix so lauren 1st lets get right into the tesla news this week china a ministry of industry and Information Technology said on friday that the cars all 16 models sold in china will now be exempted from a 10 percent sales tax in the ministry did...

And fed week lululemon stock up more tha 50 this year. Is it getting stretched or is there more room to run and a slew of group grades on the street, its our call of the day. Halftime report starts right now. It is a big show and good to have you with us here on this thursday your Investment Committee today, joe terranova, steve weiss, jon and Pete Najarian and kristen bitterly with citi private bank. Welcome. Thank you so much to discuss. Lets start with the macro markets. The dow posting its biggest gain since early june and kind of incredibly back to within 2 of its alltime high. Joe, shoul...

Theyre cooking on fire. Right i mean i think the whole thing with electric vehicles the people that are buying them and those people that can afford them and so that means that were looking at. It was strictly those people that believed in not just green energy but also the fact that they had enough money and they were getting that 7500. 00 tax credit which is now gone on tesla vehicles and then of course your state credits if you can afford to buy a new car most people cant so its those wealthy people and if you look at the average buyer of a tesla they make about a quarter 1000000 dollars no...

By the latest move automobiles we are fortunate to be joined by the car coach lauren fix welcome back lauren and 1st lets just get into the details of this move with regard to autos what will be the new tariff level on u. S. Cars and when will it kick in ok september 1st is going to be the 1st tariff level this is sort of a tit for tat because President Trump put it terrifying china there are matching that tariff and again on december 15th theyre going to increase the tariff on foods and goods we have to keep in mind as we are right on the cusp of the g. 7 and theres already weve already been ...

Foods and goods we have to keep in mind as we are right on the cusp of the g. 7 and theres already weve already been told today that theres going to be meetings there with our people in china so were expecting that maybe this is sort of chinas way of saying were not going to back down because President Trump is not backing down and this is a good starting point and were going to see that happening right away. I think by the time monday rolls around just like last monday we may see the market turn around so for everything we lost last friday at this time we were talking about it we may read aga...