cash position. liz: flextronics and ford versus apple and tesla. here we go. [closing bell rings] we're at a record. straddling it right now. can we settle there. john petrides, thanks for being here from point view wealth management. here we are on friday. another positive week for the year. there we go, very interesting day on last day of july. let me hand it over to melissa and dade. david: thank you very much, liz. back to the markets. boy we were close on the s&p. 2175.03 would be record high at end of the day. intraday we did have a high today but it didn't end up, at least for now, it looks like it is not going to settle at 2175. but we were so close. dow ending day lower for the day. it was down about 33 points and lower for the week as well but a huge pop in gold and a turnaround in oil caught the attention of price futures and fox business contributor phil flynn.

we'll be going to that in a moment. melissa: all right. the fight for key battleground states is on. donald trump hosting a town hall in colorado any minute where he will no doubt respond to hillary clinton's attacks in her acceptance speech last night. we will take you there live. meanwhile, clinton remaining in pennsylvania, touting her economic plan to boost jobs and build up infrastructure with more taxes and spending. steve forbes joins us with his take on this one. and how weak is the european economy? david: ouch. ouch. melissa: we're about to find out. the results could have major impact on markets here come monday morning. david: we know our economy is weak. we'll be dealing with that as we deal with a markets. the dow ending the day lower, down about 25 points. lower for the week as well, but a huge pop in gold. turn around in oil, that is what phil flynn is looking at. he is a fox business contributor. meanwhile lori rothman on the floor of the nyse. lori despite a turnaround for oil, energy stocks took a big

hit today, exxon a big loser. reporter: when you reported 50% decline in profits, yeah, third consecutive quarterly loss for exxonmobil, that will do the trick. that really took the wind out of the sales for any bullishness in the market. combined with the disappointing gross domestic product second quarter print. we'll get to that a in a moment. exxon down 1.40%. he schiff ron was a loser as well. bloomin' brands, you heard of their restaurants, outback steakhouse and romanos macaroni grill, five plus present of shares decline in bloomin' brands today. another blowout quarter for amazon. third consecutive quarterly profit for amazon. no bad news for this company. shares up .8, hitting an all-time high. look at the s&p 500, even though it didn't close at a lifetime high, it hit lifetime intraday today.

the problem with the economy, the was a 1.2% print on second quarter gdp. less than half what wall street economists looking for on that. that was a lot of problem today. back to you. melissa: lori, thank you so much phil, oil headed for bear territory. something turned it around. crude closing higher first time in seven trading days. i watched it happen on the screen. what was the catalyst? >> bad news for the u.s. economy i guess is good news if you don't want oil prices to go back down. that was really the story today, melissa. it was really about the dollar. the really the dollar was on fire. everybody wanted to be long the dollar because interest rates were going up. that put extra downward pressure on oil and gold. forget about it. we have a very weak, pathetic gdp number. pathetic string of gdp numbers. that reduces odds fed raising interest rates anytime soon. maybe take september off the table for sure. maybe even december. that is how bad the number is.

consumer confidence, it wasn't good either. that absolutely gave us a little bit of a bounce. we also saw that really give gold a bounce. it was explosive today. if you think gold was explosive, melissa, we have to talk about platinum and palladium. you can argue about the merits of owning gold as a safe haven versus stock, whatever, but you can't argue platinum and palladium because there is very strong demand for that commodity. those two commodities have been on fire. they ended the month, palladium, best up month since 2008. platinum for the best month since 2012. melissa: phil, we have to run. we got the stress test results. david: you look great in palladium by the way. melissa: i love palladium, stress test results for european banks are out. this is extremely important what might happen with our own banks and our own financial future. adam shapiro is live from the newsroom with the details. adam? >> it was italian banks that the europeans and investors are particularly worried about and the third largest italian commercial bank, one of the

world's oldest, actually came out worst in all of the euro bank stress tests. it had minus, what was it, 2.7, 2.4% capital ratio. this is well below obviously because it is negative, the 7% they were aiming for. the e.u. was hoping that the banks would be increasing their capital equity. and this heche show for the -- ratio for the bank comes in minus 2.7%. it has come up with a recapitalization plan to raise five billion your roy from different investors including goldman, city, deutsche bank but they are also creating what they call a new vehicle to unload some of their bad loans. they have roughly 50 billion euro in bad loans. that is $55 billion. about the nine billion euro in bad loans. they say they will unload as part of their two-year

commitment to change their portfolio of non-performing loans and lower from the 50 billion euro down to about 14.6. bottom line they are the worst of the worse, this bank in italy. their capital ratio came down with minus 2.44%. that is not pass fail. they failed the test two years ago. europeans decided not to use a pass fail grading system you might say. they're saying what the capital ratios are. this clearly is not sufficient. david: ouch. this is not good news for europe. to put it in perspective, italy alone, italian banks alone have $366 billion in bad debt those banks are holding on to. with these stress test failures, that could be a problem. adam, thank you very much. melissa? >> you got it. melissa: what does all this mean? what does impact of stress tests have on u.s. markets. that is what you care about. charles payne host of "making money." steve forbes, chairman and editor-in-chief of forbes media.

lenore hawkins, meritas founder and advisor. steve, with do you make of what you just heard? >> everyone focused on italy rightly some they know a crisis is coming. the government could fall later this fall. the question how do they bail out the banks. whether they create a bad bank, or whatever name they want to give to it. whether they pump in capital directly which the european community is not too keen b. one way the government will take action or knows it will fall. if it falls it will be replaced by a left-wing government wants to pull italy out of the european union. this is bad news. melissa: charles, i was going to say, did "brexit" break out of there just in time? >> perhaps. again i think the whole "brexit" thing we should probably wait another year to find out if it really worked out. i think it will, by the way. "brexit" is interesting, italy to a degree has germany oaf a barrel. all those other countries are saying if we can't get help from european central bank and

angela merkel, go it alone, get our own central bank and print up our own money? we saw on heels of "brexit" there were negotiations for european rescue package if you will for these italian banks. it has been talked about and in the works. i think the impact in our markets should be pretty small. melissa: lenore, what do you think. >> he has it right. merkel is really backed into a corner here. let's not forget the potential disaster deutsche bank is. all of this can trickle very quickly over to deutsche bank. if this falls. we knew it would be bad, the bottom of the barrel. if they don't get a solution over the weekend, that is the first domino that falls. you will see bank after bank after bank in italy starting to fail. that will affect merkel and deutsche bank. she can't have that on her watch. melissa: steve, do we care banks in italy fall? >> we do. it is essential to get our own economy in shape. sadly what we heard last night

at the democratic convex was just the opposite. more tax, higher capital-gains taxes so you have weakness around the world that will have ugly political consequences. that is the what we have to worry about more than particular banks what it is going to do politically. these things have ugly consequences. melissa: charles, what do you at this of that? we know allied irish banks did poorly as well. what are the implications of all of that given what steve said? >> we don't have to go back that far, used to wake up at least i did, i wanted to know how greece was doing. melissa: right. >> think about it. less than half of 1% of the global gdp we were on pins and needles. i don't know the contagion is there but possibly there but there will be major intervention. i love what steve said, cautionary tale is important what we're been told we can go further down the path of europe. we can gallop down the path or finally draw a line in the sand. melissa: yeah.

>> contagion is we're looking at for solution. look what was happening in greece and what is still causing problem there, it is too hard for businesses to function. they can't start. they can't grow. we have the same thing in the u.s. you have got it in italy. businesses can't hire and fire as easily as they ought to be able to. they can't get it started. look what ceos across the world is number one problem. it is red tape. we have problem and let's make it worse. david: bring it back to the united states, steve forbes, because we had a market, slight market reaction to the gdp figures today, but not a big one. we certainly haven't had big market reaction, in fact just the opposite to slow economic news abroad. china is slowing down. we see in some. figures, even apple going great guns right now had to show figures in china didn't look so good. what effect does china and europe have on the u.s.? certainly hasn't had any affect on our markets as of yet? >> no. which of is kind of amazing but the fact of the matter is when

you look at that second quarter report, david, business investment continues to be very weak. it is continuing to fall. six quarters of profits essentially flat. if the market gets any real legs after this it has to have something boosting the bottom line. it is not coming from china, not coming from europe and not coming from here. where is it going to come from? david: charles, we have had a earnings recession, although some of that talk is discounted because we had good tech earnings recently. is that concern to you? because a lot of the earnings recession has to do with our sales abroad which haven't been doing so well? >> you're right, they haven't been doing so well. what we're seeing this earnings period so far is better guidance. we'll see. this better be the inflection point. for the gdp report, consumer spending 4.2%, that is the best in two years. consumer is holding thing holding this economy together. if wages go up, maybe that even helps but at soap point to steve's point, businesses have to kick in. not sure they will.

david: you can't live on consumers without producers. >> consumers is much larger portion of the economy. david: yes or no. you can't consume anything if you don't have a job. lenore, let's talk about italy because you know it very well. you spent a lot of tile there. i'm just, one thing that is not spoken about too much with italy, 40% of the its economy is underground. that is where the real free market is. that is where real innovation is taking place. you think eventually because there is kind of a political revolution going on in italy like there is elsewhere in the world the underground economy will become the mainstay and they will get rid of all the regulators and bureaucrats? >> well there is definitely, when you go to dinner there are two prices. one with the credit card and one with cash if you know the owner. melissa: that's true. >> makes sense given the tax rate is so high there. get anything done the mountain of paperwork you have to get through. so there is the formal and then there is the informal. david: will the formal become informal?

will the revolution, to put it mildly, will the political revolution affect the economy and turn it around? >> i think there is a good chance that you have got so much disillusion what is going on with leadership. nobody seems to get their arms around it. they keep electing people like five star movement. they say they fix everything. they get in there, only gets worse. no matter which direction italians to the situation doesn't get better. i wouldn't be surprised to see big changes. david: relying on stability in italy is not a way to get rich, is it? as simple as that gang, thank you very much. appreciate it. melissa. melissa: americans may have been affect with the zika virus here at home, infected. disturbing new details out of florida coming up. david: meanwhile, donald trump hosting a town hall in colorado springs now. set to begin any minute. he will no doubt respond to hillary clinton's attacks. melissa: i think so. i think so. david: you could get rich betting on that. melissa: absolutely. clinton back on the campaign

trail today, pushing an economic recipe to get america's economy tooking again but steve forbes says she is leaving out a very key ingredient. >> in my first 100 days we will work with both parties to the biggest investment in new, good-paying jobs since world war ii. you owned your car for four years. you named it brad. you loved brad. and then you totaled him. you two had been through everything together. two boyfriends, three jobs... you're like nothing can replace brad. then liberty mutual calls... and yobrk into your happy dance. if you sign up for better car replacement™, we'll pay for a car that's a model year newer with 15,000 fewer miles than your old one. liberty stands with you™. liberty mutual insurance.

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coverage compass™ gives you the policy information you need at a glance. available 24/7 on your mobile device. switch to liberty mutual and you could save up to $509. call that's liberty stands with you™. liberty mutual insurance. donald trump about to take the stage for a town hall at university of colorado, colorado springs. this as the republican presidential nominee gets his first national security briefings today, to begin the general election efforts. peter barnes in philadelphia what we expect to hear from trump today. what sort of national security information he is now receiving. peter, a big kerfuffle about

whether he deserved to receive national security secrets because of some of the things he said. go ahead. reporter: well, but, david, as under 2015 law, presidential nominees and vice-presidential nominees are supposed to get these national security briefings this, there are actually, intelligence agencies, the government is actually following the law in this case so, yes, there might be some controversy about it, but, donald trump is entitled to these national security briefings as the republican nominee. so is his vice-presidential nominee, so is hillary clinton, and so is tim kaine. and so they're all going to start getting them now. they will not be daily briefings like the president gets but they will be regular briefings. then they get some strategic level briefings occasionally as well. let's go back to what is going on here between hillary clinton and donald trump because they're both on college campuses today. all right. it is battle of the campus bands

only with politicians. why is that? at leave some bernie vote is up for grabs. donald trump is not going to cede that to hillary clinton, despite bernie sanders endorsement of her at the philadelphia convention here this past week. so being, we have seen, polls showing perhaps 10 to 20% of these younger, of these bernie supporters, a lot of them younger people, a lot of them college student, could go to trump and so we saw hillary clinton here today, reaching out for that vote. she didn't do well that vote in the primaries against bernie. we see donald trump making sure he will be competitive with that as well. his remarks due to begin here shortly. i will get back to hillary what she said about trump here at temple university today, a little later in the hour. back to you. david: peter, thank you very much. melissa? melissa: playing major role in the 2016 election but one

nominee is gaining much more than the other one from people in hedge funds. any idea which nominee that could be? take a wild guess. plus we give you latest details of a fatal shooting of a police officer in san diego. that's next. >> heroic efforts by the officers on scene, heroic efforts by the doctors to save his life, but again, heartbroken to report that they were unable to save his life. ♪ snow. what super poligrip does for me is it keeps the food out. before those little pieces would get in between my dentures and my gum and it was uncomfortable. just a few dabs is clinically proven to seal out more food particles. super poligrip is part of my life now. legalzoom has your back. for your business,

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so i went onto ancestry, soon learned that one of our ancestors was eastern european. this is my ancestor who i didn't know about. melissa: another attack on police in america, this time in san diego. fox news's jonathan hunt with the latest. jonathan, what a story. reporter: melissa, it really is and across the country it is worth noting that 33 police officers have now been shot dead in the first seven months of this year. that is compared to 39 for the whole of 2015. now this latest incident began

with a routine stop that suddenly turned deadly. two officers from san diego's gang unit, calling for emergency backup. their colleagues arriving within minutes and finding both of the officers shot. jonathan de guzman, a 16 year veteran of force, a husband and father to two young children was fatally wounded. >> we all took an oath to protect and serve all of our communities, and to have this happen, to our police officers, we have seen this happen way too many times. just in these last few weeks across our great country. it is tragic for everyone. reporter: now the other officer, wade irwin, also a husband and father was seriously injured. he was rushed to a nearby hospital and is expected to survive. one suspect was taken into custody at the scene, having suffered a gunshot wound. he is only being described by police as a male hispanic adult.

now, we have had a standoff ongoing for several hours outside of a house in san diego throughout the day. that standoff appears to be coming to an end. police had said that they believed a second possible suspect was inside of that house. we don't have any confirmation at this point of whether any further arrests have been made. meantime, the san diego police chief says both officers were wearing body cams. there is video evidence from the incident but, melissa, she said it is too early at this point to say whether this was ambush-style attack on officers or whether it was something that happened more organically, if no less tragically as a result of that initial stop. melissa? melissa: wow, jonathan. thank you for that report. we'll stay on top of the story. david: god, we owe them a debt to the men and women in blue. meanwhile the general election matchup is set. it is all over folks, thank god. with the party conventions in

the rear view mirror hillary clinton and donald trump click off their battle for the white house. so what to expect in the month ahead. we have all the details coming up. melissa: plus hillary clinton promising free things but it might cost the taxpayers even more cash. david: no, it's free! it's free! melissa: right, right. steve forbes is back to break down the painful details of her tax plan. ♪ >> we looked a the each other and we realize, as of tomorrow, we have 100 days to make our case to america! [cheering]

melissa: hillary clinton kicking off the general election today. the democratic nominee hitting the campaign trail with a bus tour of two battleground states, pennsylvania, and ohio. let's go back to peter barnes with the latest. peter, are you on the bus? i'm kidding. reporter: no. i didn't make it on the bus, melissa. we're still at campus at temple university where she made her remarks today. as you mentioned she is on a bus tour of pennsylvania and ohio two battleground states in this election. she is talking about jobs and economy. of course a lot of students here want jobs when they graduate. they talked about the battle over younger voters, between her and donald trump, earlier. the fact that a lot of them went for bernie sanders. she needs to make some inroads

among younger voters and college students if she hopes to put together the obama coalition that helped put barack obama into the white house in 2008. but, of course she also continuing to bash donald trump as she starts this general election campaign. listen. >> so on our bus tour we're going to be visiting a few places where people are making things. i find it highly amusing that donald trump talks about make america great again. he doesn't make a thing in america except bankruptcies. reporter: and she is going to be promoting her $10 billion plan to revive american manufacturing on this bus tour. she is hitting a lot of manufacturing towns. she is headed to a factory, supposed to be at an event at a toy factory north of philadelphia but a bit behind schedule. of course we're waiting on donald trump remarks out in the university of colorado at

colorado springs where we expect him to give as good as she did. melissa? melissa: i feel like he is going to say "crooked hillary," but i'm not sure we'll see when he comes on here. >> bernie sanders and i will work together to make college tuition free for the middle class and debt-free-for-all. [cheering] we will also liberate millions of people who already have student debt. david: hillary clinton last night mentioning just one of the so-called free things, she will give us to boost the economy and great jobs, but doesn't somebody eventually have to pay for all the so-called free things? steve forbes is back with us. so, steve, her economic plan as far as i can tell, she will get the economy moving again with all the government handouts. we have a list of some of them. they add up to $1.5 trillion over 10-year period. guess what, the free college

plan turns out, topping the list. that is $500 billion right there. >> the whole thing is preposterous. replay of what barack obama did back in 2009. big stimulus package. they go in deadly circle. they raise taxes. keep on piling regulations. hurts the economy, creative real sources. less resources more after crisis, more government intervention. she will make us poor. she will make this economy look like babe ruth by the time she is done. david: another free thing talking about recently, free wi-fi. she tweeted out a tweet. i think we can put it up there. two words, free wi-fi. in fact when the americans for tax reform looked into it, they found that free wi-fi would cost $275 billion. i mean the point is, eventually somebody has got to get paid. >> how about, if she says free wi-fi. how about freeing internet from the clutches of federal communication commission which is crushing that.

investment is slumming there. they get out of the way the economy would take care of itself. david: that is perfect segue what i was going to talk about, there wasn't a word last night about how she would cut red tape. what is slowing up the economy in the minds of many, when you ask business people are massive new regulations we have, higher taxes. we have the highest corporate tax rate in the world. she makes higher. >> that is the thing, if you want economy higher you you have to enable people to create resources. she will give us more clogged arteries. we need statins, not fat in the veins. david: hillary plans to pay for things by raising tax. this doesn't bother one of her rich supporters. take a listen. >> i'm ready to accept it. i think it is the price of getting our economy and, conveying general population

that even the people, people who benefited perhaps more than others are willing, on realistic basis to try to come up with a system that is more incentive for people who haven't participated. david: steve, according to supporter she will only tax the rich for the extra 1 1/2 trillion dollars. that is okay with that. >> he is okay. he already made his money. why he can go traipsing off to philadelphia to pretend a tribune of the people. melissa: exactly. >> fact. matter you want people to get ahead in life you have to have booming economy, vibrant economy. that means business investment. new businesses, created. banking system is clogged with regulations. so those loans are not being made. david: right. >> so yeah, let's match reality with rhetoric, instead of saying we want to help you but kicking us in the groin. david: much more than just taxing the rich. you hear about some taxes on hedge fund guys and so forth but income tax increases, $350 billion. business tax increase,

275 billion. increases more new college compact, 350. 275 billion business tax increase for infrastructure. it goes on and on. there is even a proposal, they haven't thrown it off of the table, for a carbon tax. it is in the democratic platform. that you should pay more for the carbon you use. that was too much even for nancy pelosi but apparently not for hillary. >> she wants to change the name of this country to the united states of greece. greece has been piling on taxes for years. we've seen what that's done. we piled on taxes in the early 1930s and got a global depression. did the same thing in the 1970s. horrible malaise decade. but talk about in need of education, even though i'm conservative, i would spend reeducation for hillary clinton and talk about free and giveaways. i will giver had a copy of my new book to show how you to get an economy moving again, reviving america. david: pretty good deal for her. a lot of people trading tidbits

most astonishing line they heard. for me it was her statement that america is great because americas -- americans are good. which doesn't seem to quite make sense. america is great because it is free. i think that is very simple. it is freedom that gives us the power to do what we do here, make the economy great. it is freedom that some thousands and millions of people come here for. she just doesn't seem to get it. that there is something about freedom. if you don't get it, freedom itself is in jeopardy.m means te freedom to take what people make and freedom to tell them what to do. we have a different concept of freedom. david: we do indeed. steve forbes, thank you very much. >> thank you. david: see steve forbes and myself every saturday on "forbes on fox," 11:00 a.m. eastern time on the fox news channel. and, that interview that you saw with the hillary supporter, catch the full interview with alan petra could have on "wall

street week," tonight at 8:00 p.m. eastern on fox business. a lot coming up. melissa: florida governor rick scott stating this morning there are four likely cases of domestic mosquito-borne zika in his state. asking all blood donation centers in miami-dade, broward, to stop accepting blood donations so they can be tested for zika. phil keating in miami with this one. scary stuff. reporter: this is the worst-case scenario, all year long disease experts have been warning us about, that that is a zika virus contraction which did not involve travel but all involved was an american mosquito, specifically in these four cases here in miami. one square mile in the city limits of miami north of the downtown core is now the prime target for the state's investigation. it is an area called wynnewood

and edgewater. it is here one or more mosquitoes is believed to be flying around and spreading zika. south florida's largest blood bank, one blood, is implementing fda brand new directive screening for zika in every single pint of donated blood it collects not only in florida but also georgia, alabama, and south carolina. all of this coming as cdc and state department of health now believe with confidence four active zika cases where the patients did not travel to the caribbean or latin america or have sex with somebody who did, did in fact get zika almost certainly spread from a florida mosquito. two lived in miami-dade county. the other two live up in broward county. mosquito control officers and health workers are hitting neighborhoods, knocking door-to-door and collecting blood and urine samples voluntary from residents and trapping and testing mosquitoes taking them off to the lab. positive news on that, every

mosquito captured and tested has not shown it had zika. >> now that florida has become the first state to have a local transmission likely through mosquito, we'll put every resource available to fight spread of zika in our state. if it comes clear that we have more resources need, we will not hesitate. reporter: zika is serious for pregnant women. scientists say it can lead to microcephaly in the fetus. when the fetus is born, it is formed with very severe deformed and smaller brains and birth defects this is important in florida right now, long predicted to be ground zero for zika, is that if there is open, standing water in and around your house, you have got to turn it over, drain it. of course at all times, wear mosquito repel lant, that includes the ingredient, chemical called deet.

melissa: phil keating, thank you very much. david: deet is good folks. use it. we're expecting donald trump to kick off his town hall in colorado any moment. hillary clinton and donald trump looking ahead to november. neither one is planning to go down without a fight. >> just ask yourself, do you really think donald trump has the temperment to be commander-in-chief? >> this is the legacy of hillary clinton. death, destruction, terrorism, and weakness.

david: hang on there, folks. we're still awaiting trump's town hall in colorado springs. we'll bring that to you live as soon as it begins. melissa. melissa: both conventions in the book as presidential nominees take their best shots at the other. >> i accept your nomination. >> i humbly and gratefully

accept your nomination. >> don't believe anyone who says i alone can fix it. >> nobody knows the system better than me. i alone can fix it. the world is far less stable than when obama made the decision to put hillary clinton in in charge of america's foreign policy. >> it comes down to what donald trump doesn't get, america is great because america is good. melissa: what does that even mean? james freeman from "the wall street journal." mustafa temiiz, former department of homeland security consultant. james we're in quite a political season? do we get any substance or right down in the mud pit wrestling for the next 100 days. >> i think it is funny.

media talks about how donald trump is never very specific but on substance in some ways i think he had a a coherent convention. he stickses to the theme of economy and national security. that is what people think about. if you think last night, hillary clinton apart from the zingers on donald trump i don't know if anyone will remember a single line from that speech. melissa: she is a change maker, but, if you like president obama, she is promised to continue those policies and that you should really elect her because he didn't finish his work and she is going to do it. those things are die met exly opposed. >> she is doubling down. she doubled down on president obama and his legacy. they not only are campaigning together but through the convention, through the videos. he, this is in a way, a continuation on the progress of president obama started and that was underscored very clearly. melissa: so, james, i wonder if that is winning strategy because on one hand, people really like

president obama. he continues to be, you know, very popular. at same time when you ask them are we headed in the wrong direction, 70% say yes. they like him but don't like his policies. she is his policies without sort of the charm in him. >> yeah, even, i don't think they like him that much. they like him considering how barred things are and how much they think the country is on the wrong track but you look at reuters poll today, as you said, people think the country is at wrong track. he is about the 4 points underwater, below 50% approval. melissa: yeah. >> you know, even in that convention, depending on when you tuned in, they were telling us how horrible and unjust the country was, how terrible the economy was. melissa: right. >> until, probably the best speech of the week, the president making the case that things are great but people don't believe it. so, i don't see how it works for her. melissa: mustafa, it was confusing on that. >> look, i don't think it is president obama. what people believe the economy

is rigged. the system is against them. that is why they believe the country is on the wrong track. numbers show president obama at all-time high in popularity. his popularity is growing after this convention, not only hillary clinton will see a bounce but see a bounce in president obama's numbers fairly high. melissa: james freeman what do you think of that? >> i don't know what the message of this convention was. i don't know what anyone would take away from it. they did a "black lives matter" moment. then they would go to honor police officers. ditto with the economy. it is great. no, it is horribly up just. really surprised if she gets any kind of big bounce out of this. melissa: we will see. thanks to both of you. >> thank you. david: wall street donors diving deeper who the political fray. hedge funds are pledging their allegiance to a specific candidate which it means, for the race going forward, what all that means for the race going forward. we have details. charlie gasparino is coming up. can you believe it? ♪

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written up by a script white writer. it was all cliches. use ad tweet one on me and said something about the campaign. donald trump doesn't know how to campaign. i just beat 16 people and i'm beating her. [cheering] thanks. i'm watching this. i'm watching it. oh, and by the way, this is very important, so, nielsen ratings just come out. these aren't polls. these are for television much more important than polls. television, these guys, they don't care about polls. they only care about ratings. at the nielsen ratings just came out. so, it is trump against clinton, right? you know you heard about how wonderful -- because i tell you what, i liked the republican convention better. i did. i liked it better. i liked it better. [cheering]

i thought we had a far more beautiful set, like not even a contest. how about the first night? they had no american flags up on the stage. [booing] second night, no american flags. then i started saying there are no american flags up there. then they run up with a flag, right? and then last night, they put some flags. it is called overkill. it is called inget tense. they put some flags up there, you didn't know what to do. you didn't know what to do. let me just tell you, so thursday to thursday, that is the big one, right? thursday. we beat her by millions on television. by millions. millions! [cheering] we beat her by a lot. and they both did good. we really peter by a lot. but honestly the numbers were

incredible. which tells you, which tells you, isn't it good to have trump running for the presidency? [cheering] now, let me ask you, so we beat her. we beat her. and i think you tuned in out of curiosity with her. most people, i was actually more curious. i was curious to see whether she would do a class act and not mention my name, or mention it with respect, like say, i'd like to congratulate my republican opponent for having done something that nobody has ever done in the history of politics in this nation. and i would like to congratulate my opponent for having gotten more votes than anybody in the history of the republican party

in the primary season. [cheering] see, i thought she might do something like that. i thought she would give me a big fat beautiful congratulations, if she did that, would that have been cool? would that have been great? i thought her daughter did very well, by the way, chelsea. i thought she did very well. my daughter likes chelsea. my daughter likes chelsea. what are you going to do? that's okay. that's okay. my daughter likes chelsea. ivanka did great, right? [cheering] but i asked ivanka, do you like chelsea? i do, dad. really? no, i really do. ah, i wish you didn't it would be a lot easier, right? no, but they like her. chelsea likes ivanka. so i think that is nice. that is the way life is and that is the way life should be, right?

do we agree? it's okay. but, we had, i had an amazing time. i watched last night as different people spoke. much it was scripted, much it was scripted. it was funny, at one. rallies, we have these massive rallies, honestly much bigger than this, but not much bigger if you let all the other thousands in. [cheering] this is like an intimate gathering. it is true. that's true. but i said to, i said to some of the people, look at that. then yesterday at the rally, i said, boy, because, i had some people up there that i knew and i actually saw their names. and i said, why would they put them up? they will speak so postively about me. i was wrong. i said, oh i'm going to hit them. i'm going to get them. am i boeing to get them.

i'm going to start talking about them like you never believed. i am going to hit them. obviously i'm talking about with my verbal. said i'm going to get them. i'm going to let them have it. maybe a tweet or maybe this or that. but i'm going to hit them hard. so -- [cheering] i'm going to hit them hard. so on cnn this morning, on the bottom, trump says he is going to hit speakers. i mean, they are so dishonest. i'm going to hit speakers. aye yi yi. that is why we have to win.

i'm going to hit them i'm going to hit them hard. and we even called up a friend of mine. don't do anything. don't say anything bad about anybody. then they they take it out of context. i don't know if they said that. cnn is so dishonest is actually it's actually discussing if you want to know the truth. isn't it better when they don't have the teleprompters.

i watched hillary, no matter where she goes she is teleprompters and i like using them but you know honestly when you do these things if i'm standing here like this and ladies and gentlemen of colorado , welcome. when it be nice if she would actually get up and just talk to the crowd and be real. she the speech this morning and the reading teleprompters. then she doesn't do news conferences. she has it in a news conference in 237 days. and honestly the reason is she