>> i think there's no specific strategy that we need to see but i think really what we need is just them to let everyone know they are still willing to step in and do everything that they can if needed. charles: all right. i got to let you go. you've been spot-on with those value ideas. we have benefited from it. thank you very much. liz claman, dow's up 300 points. just another monday morning. liz: hey, hey, hey, let's not miss the 36 points. 336. we are very close if not at session highs. good to see you, charles. breaking news. the nasdaq is just minutes away from a new all time record high close as the dow looks to stretch its winning streak to six straight sessions. reopening momentum driving stocks as the belief that the covid recession will have been the shallowest and shortest in history takes hold. we want to take you live inside the fountain of praise church in houston, texas where exactly three weeks after george floyd died at the hands of police in

minneapolis, mourners have been paying tribute to floyd's memory. the public viewing in houston coincides with a couple of things. one, a court appearance with the man accused of murdering him and a roundtable discussion that's about to kick off right now at the white house between president trump and law enforcement officials from local, state and federal levels. this just hours after democrats unveiled a sweeping police reform bill. we are going to take you to the white house when the president speaks but we have it all covered today along with two powerful guests. morehouse college president david thomas, he taught at harvard business school and is here to answer not just the question has corporate america failed black america, but how to fix that starting today. plus, former democratic national committee chair donna brazile joins us on the impact of the race issue on the 2020 presidential race. the customer amazon jeff bezos says he's happy to lose.

and wait until you see the ceiling tesla's stock just blasted through. we're less than an hour to the closing bell. let's start "the claman countdown." liz: breaking news. a judge has just set non-conditional bail at $1.25 million for that minneapolis police officer charged with second degree murder in the killing of george floyd. a black man whose death set off nationwide and worldwide protests. former police officer derek chauvin participated in the courthouse hearing via video feed from jail. he faces if convicted up to 40 years in prison for kneeling on the neck of george floyd for more than eight minutes, all of it caught on tape. well, as we look at some of these protests here, we should mention that there are many ways to judge an economic recovery

and if we flip it over to some of our stock stories before we get to our major news here, for china, tesla sales may just be the way to really kind of gauge how strong an economy is. tesla's stock is cracking well beyond the $900 level. it stands at $941.90 a share and climbing. sales of model 3 vehicles made in china tripled in may from april to 11,095. that is a jump, you ready, of 205%. from electric cars to fossil fuels. even though crude oil prices settled down 3.5%, oil stocks are now jumping in this final hour of trade after opec plus agreed to extend april production cuts to july. yes, we've got crude down about 3% but look at occidental petroleum, up 14.25%. devon energy up by 5%. marathon bringing up the rear, up .5%. to the drug sector where patent protection rulings can

either make or break you. right now, emergent biosolutions breaking down after a judge ruled in favor of teva pharmaceuticals in a patent infringement case involving the opioid overdose treatment narcan. opiant down 22%. emergent losing 22%. even though opiant developed narcan, generic giant teva got the nod from the judge. teva moving higher by half a percent. emergent plans to file an appeal. michaels stores crafting a turnaround after last week's stock drop. jpmorgan cited an attractive valuation, and expectations the arts and crafts retailer will see improving comp sales. the stock upgraded to overweight and added to the firm's u.s. equity analyst focus list. michaels up 50.9% right now to

$8.32. lot of people crafting. yeah. during this coronavirus lockdown. let me get to rbc and amazon. rbc has raised amazon's price target to $3,300. that is the highest on wall street. right now, the stock is at $2,524. why are we showing jeff bezos? separately, ceo jeff bezos has come out swinging at customers who have criticized the company's support of the black lives matter movement. in response to an e-mail from a customer named dave, who said he was canceling his order after amazon posted its support of black lives matter, bezos posted to instagram late sunday quote, this sort of hate shouldn't be allowed to hide in the shadows and dave, you're the kind of customer i'm happy to lose. jeff bezos, the richest man in the world, and of course, the ceo of america's top e-commerce and tech company, takes on

racism, this damning headline hit the "new york times" this weekend. corporate america has failed black america. then last wednesday, even before this weekend, the "wall street journal" gave its take on the so-called fast-recovering economy with this headline. for african-americans, a painful economic reversal of fortune. two days later, friday, the may jobs report put a number on it. black unemployment ticked up to 16.8% while white unemployment dropped to 12.4%. so we bring in david thomas, president of the historically black morehouse college, who also served as dean of georgetown university's business school. welcome, sir. thank you so much for joining us. >> thank you. liz: has corporate america failed black america? >> i think that the "times" had it right.

it's through corporations that we distribute most of the income in this country based on people's jobs and you can look at almost any comparison, even among college educated african-americans. they make less than white americans. the average wealth in a black household is ten cent compared to every dollar in the average white household. and we live in a capitalist society, so those inequalities relate to how we distributed opportunity in our society. it's also very obvious to me, and i spent more than 30 years studying the development and advancement of executives of color in large corporations, that we actually haven't made

any numerical progress in the diversity at the top of america's corporations. i think today, we have fewer black ceos than we had a decade ago. liz: in the fortune 500, 500 companies, everybody, just four black ceos. so i do have to ask you, what is the number one thing we really need to do to change this and really move forward and make sure that it isn't sort of a moment in time? it's very insulting to say that all that the country's faced because right now we are looking at a live picture of houston, where george floyd's body is lying in repose and people are coming to see it, we do not want this to be a moment. it's got to be from now on. so you as the head of a university where you have highly educated young blacks coming out

of it, you have to tell us what it is that corporate america needs to do starting today. >> starting today, corporate america needs to invest in institutions that have already moved the needle on this challenge and ask the question how do we scale them so morehouse college in my view is a great example. we produced a disproportionate share of african-american men who have gone on to provide leadership to this country, they range from jeh johnson, secretary of homeland security, martin luther king, lou sullivan, secretary of health, and invest in those organizations so that they can scale and there are many organizations i think that are out there that are already moving the needle, but we have not been invested in ways that

allow us to scale. second, you know, when i spent a career consulting to organizations about this issue, just before i left to go be dean at georgetown, i arrived at a conclusion which is that for corporate leaders, it all lies in leadership, relationships and alignment. apply the same leadership that we applied when we were trying to master any business problem, we would lick this problem. relationship. most leaders in corporate america do not have in their personal networks people of color who they can talk to and have honest conversations and who can help them learn, and we learn from the people that we interact with. last is alignment, which is, you know, about asking the question what policies and practices in

our organizations undermine our aspirations around diversity. you know, there's a bill that i think was being mentioned as we were moving into this segment about changing policing policy. the same is true for corporations. there are policies that undermine our stated goals with regard to diversity and we've got to be willing to challenge those and change them so that the rules of our organization align with our values and our aspirations. that has not been the case. liz: sir -- >> for corporate america. liz: i do have to ask you, before we go, isn't so much of it about recruitment and what corporations have done it right who have come year after year to morehouse to recruit african-americans and are you hearing from new companies that

are saying you know what, we want to come? >> yeah. we are hearing from new companies. we have companies like jpmorgan chase that has recruited on the morehouse campus for many years, has many leaders who are from morehouse college as well as local companies. i don't want to sound like i'm doing an advertisement, you know, for companies, but -- and the good news is just since we've been in this moment that i described as two viruses meeting, the covid virus and the virus of racism, both of which are pandemics and have epidemic proportions in america, i've gotten a lot of calls even from my former students at the

harvard business school, saying we want to partner with you. and figure out, you know, how to make a difference in this space. liz: sir, thank you. we really appreciate you coming on. again, you taught at harvard business school, you ran georgetown business school, right now at morehouse. you are moving the path forward. thank you so much. we really appreciate it. david thomas. president of morehouse university. we've got the closing bell ringing in 48 minutes. dow jones industrials up 305 points right now. and dunkin shares getting a double shot of caffeine at this hour. up 3.5%. the coffee giant adding 25,000 new jobs as reopenings accelerate across the u.s. by the way, key bank also upgraded the baskin robbins parent to overweight based on its strong position as restaurants look to blossom again. reopening hopes sending major averages into full bloom.

up next, our floor show traders say you know what, time to bring in the garden shears, trim your portfolio garden a little bit of overgrown parts of it. which parts you need to trim back and prune so that the rest can blossom even higher. "the claman countdown" will be right back. (vo) since our beginning, our business has been people. and their financial well-being. it's evident in good times, with decisions focused on the long-term. and crucial when circumstances become difficult. that continued emphasis on people - our advisors, associates, clients and communities gives us purpose, strength and a way forward. today. and always.

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liz: all right, guys. the number to beat for the nasdaq is 9817. we are well above it right now. 9,885. so we are on pace to close at a brand new record high. but if you look at the rally that the tech-heavy index has really enjoyed since its march 23rd low, 44% up off that bottom and the s&p, right there as well with a nearly 44% gain too. if you thought that was good, let's flip it over to the dow jones transports. those are up close to 50% since the march 23rd low but the russell 2000, the small caps, really take the cake. they have jumped 53% since march 18th. so to our traders. scott redler, you know, where would you trim this overgrown garden that has lots of fruit

within it? >> [ inaudible ]. liz: scott, can you hear me? let me go to phil flynn. where would you trim this garden? because we have certainly seen it reap really lovely fruit. >> roses are red, violets are blue, i sell some tech and buy energy and leisure for you. how about that. am i right? we were seeing this a couple weeks ago. we were saying listen, people are going to want to get -- we live in a post-coronavirus world and people are going to want to get back to normal. we are seeing new york open. we are seeing vegas start to open. people are going to want to go there. i know people are dying to get in restaurants, you know, here in illinois and wisconsin, they are reopening restaurants. people are waiting around the block just to eat somebody else's cooking than their own. we are seeing a normalization there. now, listen, what stocks did great.

we have the tech stocks did fantastic. the stay-at-home movement, right? everybody's got work at home, use more tech, that's been great. i'm not saying it's going away. i'm not saying get rid of all your tech. but the ones that have underperformed like energy, like travel and leisure, are coming back and you are starting to see what could be the beginning of a huge move in both of those. liz: oh, my god. you look at the dow up 303 points, again, we are on track for the sixth day of an upside move. it's just been an incredible rally. give me a sense as we move forward, why i should trim some of the big winners. i get that. but then pile into things that are definitely well off their lows. isn't there something that looks really unloved still? >> well, i mean, energy is coming back. i think the answer is one thing you got to remember, is that even though you keep a core position, at the end of the day, this is still a profit-taking business. you have huge profits on the

table. we know there's going to be a correction at some point, so you want to reallocate. if you were heavily into tech on this run, you put everything into tech, and you are sitting there having this explosive breakout move, it's probably a good idea to trim the expensive ones and buy some others. energy, look at chesapeake. i'm not recommending it because i don't think it's a great stock but just a little bit of an uptick in energy in the hope demand would come back. the stock has quadrupled from a stock that could have been bankrupt. that could be a forerunner of what we are seeing in the industry as the price of oil dwoes goes up they should do well. liz: scott, bring out your garden shears. tell me where you would prune right away. >> if you remember, about two, three weeks ago we were talking about buying boeing at around $125. now that boeing is around $230, i would be bringing out the shears right about now. remember, last week we talked about twitter below 31. i think that's a good spot to trim in today, above 36.

what i'm looking for is different types of setups. maybe here you sell some twitter but i like the setup in facebook. face book has been quiet, so i think that kind of gets some flows the next week or two and amazon has been in a range for the last month and a half, just breaking out above its all-time highs of $2525. you can probably extend another 75 points. i think take a little off boeing and a little like casinos, a little off twitter, allocate that to facebook and you hold amazon and maybe trim some tesla, we talked about last week. but i'm holding it to be over $1,000 by the end of the week. liz: all right. yeah. okay. i don't want to get near your garden shears. we will need a few stitches. scott, phil, great to have you both. thank you so much. we are about 38 minutes before the closing bell rings and yes, we have a full-blown

rally at the moment. listen, i just want you to know the session high, the gain of 337, we are near there right now. we are at 322. deutsche bank cashing in its chip on penn national gaming, downgrading the casino owner to a sell. interesting. didn't redler just say get rid of some of the casinos? db citing valuation concerns, arguing the company's 50% stake in barstool sports won't see any payoff in the near term, with sports betting at a standstill. shares down 4.6%. talk about a gamble. the odds heating up on who 2020 hopeful joe biden might pick as his running mate. before you go placing bets on that, you got to hear who charlie gasparino says is moving up in the ranking. charlie breaks it next. look, this isn't my first rodeo...

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liz: the race for joe biden's vp slot may be entering its final laps. charlie gasparino joins us with exclusive new information on who's still in the running. charlie? charlie: yeah. it's clearly heating up amid the situation at hand. i think joe biden wants a strong vp to take -- and he's leading in the polls. what we hear now, we should really stress this, i'm speaking with senior democratic people that work on wall street, they deal a lot with the various campaigns, including this campaign, is it's fluid. it could change in a couple weeks. today it could change. as of right now, here's what we know. it looks like kamala harris, the senator from california, is clearly in the lead. she has national stature, she ran as you know in the primaries, former prosecutor, clearly somebody that they believe, you know, has the stature, essentially, to step in

if joe biden can't make it through three, four years. she's someone that can probably step in. that's going to be one of the characteristics of whoever they pick. another person who is rising in the list and lot of people don't know her but she's apparently a very formidable politician in florida, she's a state rep, she's also a former police commissioner is -- police chief is val demings from florida. again, little less national stature but someone who is considered to have the chops in terms of policy. she is a former police officer so remember, she was a police chief, so she has law enforcement credibility and she's an african-american woman which obviously could help here. elizabeth warren's name remains on the list. again, i think that's a long shot because she would have to give up her seat in the senate and with a republican governor you would get a republican replacement but still, i hear she's on the list. amy klobuchar, because of the issues at hand, let's face it,

she's a senator from minnesota, former prosecutor, it's just, this is not going to happen given what's going on right now, the national unrest. at least as of now. again, liz, the process is fluid. it could change based on vetting. for all i know, klobuchar makes a comeback. as of now it's very highly unlikely and it looks like again, early on, early read, it's kamala harris's to lose. they are going to vet her like everybody else and the vetting process is pretty tight. you basically, the campaign goes through a bunch of candidates, hands it off to law firms which do extensive vetting, then joe biden is given the final list. we'll see where that goes. we're not there yet. i hear july, august. i just want to kind of update everybody on the mlb scoop that i had yesterday. today would be an owners meeting where they would make a proposal. they did indeed make the proposal. the players rejected it. the proposal was something that went along these lines. a 76-game season.

you pro rate everybody's salary based on the 76-game season. that's a little less than half so you get a little less than half your salary, then 75% of that is what you will be paid. if there's a playoffs. it's 50% of that if there's no playoffs. the players rejected it. this is what i think we are going to. unless something else is happening, the ball's in the players' court. they have to do a counter proposal. the owners have agreed to pay something like $1.3 billion in salary. they are likely to pro rate that over 50 games with a very short season that you can -- the players can get full salary. the only way you can get full salary is if you do a 50-game season based on that. that's where we are. it's not good news. we will see what the players have to say. we are inching forward towards a very short season or if both sides say hey, why is it worth playing a short season, no season at all. that's where we're looking at right now.

it's 180 from initially it looked like something's happening. but maybe a 50-game season without a playoffs, without much fanfare is better than nothing. you're not going to have fans in the stadiums, either, but it looks like that's where we're going. back to you. liz: okay. thank you very much, charlie gasparino. folks, we have breaking news coming right now from the federal reserve. let's go to edward lawrence. edward? reporter: yeah, liz. the federal reserve just announced they are lowering the minimum amount of loans for the main street lending facility from 500,000 to 250,000. they logicawill also extend thed to repay that loan from three years to five years. they are delaying the principal payment not just from one year but also two years. they are going to delay those principal payments as well. the federal reserve also saying they will take 95% of now all of the loans related to this. this is something they have been doing because of the input they have gotten back, lowering the

loan level there to 250,000 allows more smaller midsized companies or larger small companies to be included in this, and that's something those companies had asked for and the fed is now listening. that facility should be up and running, i'm told, soon. back to you. liz: okay. all i can tell you is the dow has taken off and is running even further. we are up 351 points on news that the fed has opened its main street facility and lots of lending is going to happen there. closing bell, we are going to see that in 28 minutes. main street facing a mountain of pressure from covid-19 to civil unrest. mourners gathering in george floyd's hometown of houston at a memorial service in his honor right now. that is a live picture. former vice president joe biden is expected to attend tomorrow's funeral for floyd. coming up, democrat insider donna brazile on these game-changing protests and whether calls for social justice

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liz: happening right now, president trump has just begun a roundtable with local law enforcement from around the country, including some federal law enforcement as well, and has just said quote, this is a quote, there will not be any disbanding of police and that 99% of police are great people, but there are some bad apples. democrats taking a broader stance. they put forth a first of its kind police accountability reform bill. here's what's in it so far. at the federal level, the bill bans no-knock raids. it would create national standards for the use of force, would establish a national registry to track police abuse and increase independent and federal investigations into

police misconduct. all this in the shadow of the 2020 presidential race, where new swing state polling shows joe biden in the lead in swing states like ohio and wisconsin, despite voters saying they trust trump more to handle the economy. let's bring in former dnc chair, fox news contributor donna brazile to break this down for us. donna, do you foresee a binary choice here? it can't be both the economy and fixing the ills of this nation as it pertains to fairness to african-americans? does it have to be one or the other? >> well, i do believe that this fall's election is going to be a referendum on the leadership of the person who currently occupies the white house. he has been in the white house for over three years. we have seen incidents like what we have been witnessing before in our history and i think the american people will take a holistic approach to this election, looking at not just his current leadership during this crisis, but the leadership

during the covid crisis. yes, i want to be able twoso wo but i also want to be able to live. i want to be able to walk out of my house and know that no harm will come to me because of the color of my skin. i want to be able to live inside the house and not thinking that some farm wiharm will come to my member of my family. yes, we want to have a good economy but we also want to live, to breathe and to co-exist with other people regardless of what we look like. liz: well, this issue about defunding police and police departments, does defund the police mean dismantling police departments? because i think maybe there's some words in this lexicon that people aren't really understanding. >> yes, i hope we don't politicize this, because as the daughter of a veteran, as someone who clearly i have police members in my family and i have always had police members in my family as long as i can

recall. the effort today is to look at a holistic approach. how do we reimagine 21st century policing, where there's more accountability, where we share the budget not just with police departments but with public health, public safety, education, health care. so yes, i think that those who are calling for this policy change or this shift in the way we're thinking about policing, there are people who are very frustrated, whether it's stop-and-frisk, whether it's police brutality, whether it's driving while black. we want to see our policemen and women work within the community. i have an excellent relationship with the policemen and women in my neighborhood. i got to know them. i know the fourth precinct policemen. i knew the policemen when i lived on capitol hill, not just the d.c. policemen but the capitol hill cops and when i go home to new orleans, i know the

policemen. we need to know one another. we need to learn from each other. we need to ensure that everyone is held accountable in our democracy. this is not us versus them. this is all about all of us working together and not creating these barriers that exist today. liz: you know, there is some people believe a real danger if the democrats really grab on to this defund the police departments around the nation issue that it may really push away some independents who are maybe disdainful of president trump and all that's happened under him, yet they don't really want to look at something that doesn't really relate to how they feel creates this country and the atmosphere where people can start a business and drive to work and feel really safe overall. >> well, first of all, let me just say this. the nominee of the party that i chose to participate in, joe biden, is against defunding the police. before we paint every democrat

with a broad brush, including the one you're talking to right now, this is a decision that the local and state officials will have to make. they made that decision in camden, new jersey several years ago. they are making it today in minneapolis. we don't know who will make this decision and what will the basis of the decision but here's what i do know. most of the revenues that fund police departments in our country today come from local taxpayers. that's the revenue stream. all people are asking for is accountability. that's all we're asking for. we're not asking for anything radical. we are asking for accountability and oversight so that no one has to lay on the ground and have their life taken away from them, as mr. floyd's was taken away, eight minutes and 46 seconds. liz, i have never been in this kind of pain. i witnessed my family go through a horrific catastrophic hurricane. i wasn't there in louisiana when hurricane katrina made landfall. i thought that was going to be

the worst experience. but reliving this nightmare each and every day and year must end. we want it to end. and we can, we can do it together. we're americans. we can do everything. liz: it must end. this can't be a moment. it's got to be from now on. donna, great to have you. thank you. >> always a pleasure to talk to you, liz. thank you. liz: indeed. donna has been the subject of one of my favorite podcasts, mine, everyone talks to liz. but this time around, you know, you have to learn about her journey growing up in louisiana. hear how she moved political mountains to reach great heights in her career. it's all available on spotify, apple, google, fox news podcasts.com. and with the closing bell ringing in about 15 minutes, we are at session highs. i know i pointed out the dow, up 393. but the russell is just crushing

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liz: all right. is stitch fix stock coming back into fashion? despite being down 2% year to date on covid-19 fallout, because it had to get rid of a lot of their online fashion, their experts, et cetera, because it's a face-to-face kind of situation, stitch fix is flat right now but the online fashion service is on a big run, up 98%

since april 1st. but could the old adage one minute you're in, the next you're out prove true after the bell? let's get to cheryl casone in the fox business newsroom. cheryl: yeah, great question. timing is everything, obviously. this online retailer and personal shopping service is set to report quarterly earnings after the bell. the stock is flat right now. a loss of 16 cents is the estimate on a slight drop in revenue, expected just over $406 million. the company is laying off about 18% of total staff. they will be given the chance to relocate to lower cost locations like dallas or pittsburgh, cleveland, minneapolis, even austin, texas. bonuses and severance will be paid out, additional health care coverage given to them. stylists are a big piece of the business. back in april they did withdraw financial forecasts for the fiscal year. rbc has a buy rating on the

stock, saying there are a few things to look for in that report. revenue per client, a forecast of three and a half million clients, a jump of 12.5% from last year. sun trust more cautious, saying they will come up shy of consensus estimates due to covid induced weakness. the stock has jumped, by the way. you mentioned the big jump since april. 50% in just the past 30 days. we will see if the numbers can live up to the hype when they report after the bell shortly from now. liz: you know, i'm kind of happy with my target yoga pants. working from home. cheryl, thank you very much. cheryl casone. folks, brand new session high for the dow jones industrials, a gain of 427 points. we've got nine minutes left before the closing bell rings. we are looking at markets surging into the close even before the pandemic began to wreak its havoc, $600 billion

man steve otts told you not to go on lockdown with your portfolio. as wall street's backyard, new york city kicks off its reopening, the investment guru is back with his latest and new advice, plus top picks. that and more coming up on "the claman countdown." . . at carvana, no matter what car you buy from us,

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because at carvana, your car happiness is what makes us happy. ♪. liz: closing bell, we are six minutes away. we've got yet another brand new high on the dow. 435 points. we're just off that right now, up 412 points. the dow is about to rack up its sixth straight day of gains. that would be the blue chip's longest winning streak in nine months. s&p also feeling the vibe. very positive in the fine minutes of trade. president trump just wrapped up a meeting with local and state and national law enforcement officers this is moments ago. we just got the tape turned

around. the president has said that he is not for defunding police departments. of course donna brazile said there is difference between defunding and dismantling, and that joe biden, likely candidate, democratic side is against defunding police departments as well. as we look at the headlines we can tell you that the markets are looking not just what is happening today but also what happened on friday, that was a very strong jobs report. where we saw an unexpected gain of 2.5 million u.s. jobs. we now have the nasdaq about to close at a brand new all-time record high. since its lows back on march 23rd it has seen a 44 1/2% gain. but remember, how much fear just a couple of months ago was swirling around like a maelstrom in the markets. well, today's "countdown" closer is somebody who was with us in

late february and he had said back then, don't panic but leg in, meaning nibble around on stocks you really want but only on down days. he now has a brand new perspective. with us now federated hermes equity cio, steve ott. we don't forget when our guests made great picks and bad once, because we want to hold everybody's feet to the fire, boy were you right when you said people should be nibbling around the edges on down days. that was a couple of months ago. we hadn't even gotten to the worse of the coronavirus. what are you telling investors now? >> we really thought you had to hang in there, liz. my experience over 40 years is you just can't panicked in these really bad environments because the market has a way of coming back. you know, we think we're in a secular bull market here. we didn't that i that changed, based on thedown draft. we still think that is the case but we've come a long way in a

hurry. we made up a lot of the ground that we lost. we think the going gets a little tougher for the average. we're talking to our clients, active stock picking. the big gains the last six months we think are behind us. we can climb higher. stick with equities. we're still overweight equities, two or three years from now, a year from now, markets will be substantially higher. but in the near term it will be about stock picking. we're trying to hang on to the growth winners because they're winning this game but we're also at the march grin playing catchup. we had a month ago added to small caps both on value side and the growth side and on the international side. liz: good call. >> it was a good call, lucky but we went there mostly because we just saw things were still way behind. there is still about 9% behind

the large cap market and there is more opportunity for stock picking there. so our ability to perform there is even higher. liz, yes. >> you good stock-picker you can make up ground even in the small cap space. liz: you're picking las vegas sands up 30% quarter to date, alaska air which is bigger jump, 76% quarter to state. that has been a nice gain. as you look out there, are you liking smaller cap names? you pick boeing back in february. that was a complete winner certainly. and give us a sense of the overall picture you have for the markets going ahead? >> again, overall we think it is going to be a little tougher with the winners. las vegas sands is a good example of a name that it has had a big run but we still think it could be up another 50% in the next six to 12 months.

that was way oversold on idea that no one would go to a casino again. [closing bell rings] liz: great to see you, steve. there is the closing bell. steve auth of federated hermes. thank you very much. that will do it for "the claman countdown." >> rally marchs on as new york city begins phase one of reopening. stocks surging on growing hopes for a economic recovery. right now at the white house, president trump sitting down with top law enforcement officials. we'll bring you any breaking comments from the president this hour. market as longest winning streak in nine months and nasdaq closing at the high of the year. i'm jackie deangelis in for melissa francis. weld come to "after the bell." connell: good to see you, jackie. i'mon