maria: that does it for us. have a great day, everybody. my thanks to this fantastic panel. thank you, everybody. "varney & company" begins right now. stuart: good morning, maria. good morning, everyone. you can let people get out and about, you can end the stay-at-home orders, but you can't make people act responsibly. prime example, at the enclave of the elites, the hamptons, a party on saturday night, hundreds attended. hardly any masks, no social distancing and get this, the dj was david solomon, the ceo of goldman sachs. governor cuomo mad as hell. he says the party was quote, an illegal and reckless

endangerment of public health. he's investigating. in boston, a packed party boat making headlines. absolutely no social distancing. that party boat operation has been completely shut down. in new jersey, no pictures yet, but 700 people attended a liberian independence day party. it was staged at an airbnb rental. plenty of alcohol and twerking. it took police five hours to break it up. hundreds ticketed. there is, however, positive news on the virus. pfizer is now in phase 3 testing for its vaccine. that is the final stage. just like moderna. and the increase in virus cases in two key states, california and texas, is slowing down. you better take a look at this. kodak. remember them? they are getting $765 million from the government to make the ingredients for pharmaceutical products. they will replace china, which currently dominates the supply chain for the building blocks of

drug products. watch that stock go. the dow industrials, they are going to be on the down side this morning. same with the s&p and the nasdaq. the backdrop here is we are walking up to the earnings reports of the big tech names and digesting the opening bid in the stimulus debate. the republican plan starts at $1 trillion. it's very likely to go much higher than that. politicians spend big when there's an election three months away. watch that total spending go up. question. couple of them for you. can we get a strong economic recovery if the kids don't go back to the classroom and workers don't get back to their offices in the cities? it's going to be tough but like baseball, the shochool and offi buildings shut down if the virus reappears. and do you have turmoil for tea? been a crazy year, so much change. are you ready for the turmoil and change a biden presidency would bring? you want another round? "varney & company" is about to

begin. stuart: okay. check the futures to start with. we are going to be down pretty much across the board. i'm going to put two names on your screen. mcdonald's and 3m. they account for most of the loss on the dow this morning. both reported not real good reports, earnings. mcdonald's, some recovery in the states but it's still set to close 200 restaurants permanently. 3m even demand for masks couldn't save them from the sting of the virus. sales slipped around $1 billion for the quarter. we'll have more on that later. all right. no masks here. goldman sachs chief executive david solomon deejay'ing that party in the hamptons over the weekend. susan, take me through the story. susan: yeah. he was one of the opening acts, goldman sachs ceo david solomon,

yes, at the deejay table at that controversial charity drive-in concert that took place in the hamptons. he's opening for the headline act the chainsmokers. it's well known solomon enjoys deejaying in his spare time. his weekend performance coming fresh off a strong earnings quarter for the investment bank that saw multi-billion dollar fines to settle criminal charges in malaysia. as for the hamptons concert itself, it's hugely popular with reports that parking spots are going for as much as $25,000. you are supposed to stay in the car, but not the case for these concert goers. the footage going viral from the event. it doesn't show a whole lot of social distancing or mask wearing amongst the attendees and that caught the attention of governor andrew cuomo, who tweeted that he was appalled by the footage. new york state's health commissioner now opening an inquiry into the event. the organizers say the guests' temperatures were checked, security guards regularly patrolled the area to encourage mask wearing and social distancing, and many criticize

the concert in the hamptons on saturday as being representative of the disregard for rules for the well-to-do and wealthy new yorkers. stu? stuart: do you think it would have any impact on goldman sachs stock? i don't. but what do you think? susan: no, but i can imagine there might be compliance issues internally, especially amongst management and the board in terms of what david solomon should do in the future and maybe to look at the events he actually participates in before agreeing to do it. stuart: thanks very much. now, mike murphy is with us. look, let me put the basic equation to you like this, mike. i don't think you can have a strong economic recovery, strong rebound, if the schools don't open and the office buildings in cities don't reopen. what do you say? >> i'm with you. good morning. i completely agree and if there's science out there that tells you it's unsafe for children to go to school, i don't want to send my children to school. but i think right now, i can speak for new york city, schools

will be reopening in late august and i think we absolutely have to have kids in school, we need parents to be working for the economy to recover. absolutely, kids go back to school. stuart: the thing is, though, you cannot guarantee absolute safety either in the office or at school. that's going to be a big impediment to getting them to reopen. >> correct. you can't -- you don't get a lot of guarantees in life, stuart. sending the kids to school, i think there is no scientific evidence out there that tells you it's not safe for kids say 21 and younger, healthy children, to go to school. there's nothing that i have seen that backs that up. i think quite the contrary, it's completely safe for them to be in school. not safe for them to be at home for another year trying to learn literally losing one year of their education because of fears of some politician. although there's not a guarantee, you don't get a lot of guarantees in life. i'm all for sending my kids back to school.

stuart: okay. i hear you. i will come back to you in just a second. i want to start talking about the vaccines because we have pfizer starting late stage human trials for their vaccine. the stock is up this morning. got any more on this, lauren? lauren: yeah. pfizer and biontech have dosed the first patients in their late stage phase 3 trial. the government is paying the companies nearly $2 billion to produce 100 million free doses this year. pfizer has been the most aggressive in their target for regulatory approval. they are hoping to get that in october. take a look at the shares. they are up almost 3% right now. they are a dow stock. they did report earnings this morning. they raised their outlook for the year despite a 32% in profit and that's interesting, because there is so much hype around their covid vaccine. in fact, the stock's up 16% in july alone, that demand for their other drugs actually fell in the last quarter. stuart: that is fascinating. a vaccine is the golden ticket, is it not, if you can find it.

got it. lauren: yeah. stuart: take a look at the home builders. breaking numbers for you now on home prices. up 3.7% in may. that's compared to may of last year. that's a decline in growth rate there, but you've got -- here we go. that's what i wanted. the median price of a home is now $295,300 according to the national association of realtors. median price means half of them cost more than that, half of them cost less than that. right in the middle. 295,300. that's your price. earnings from home builder d.r. horton and the paint companies, sherwin williams. look at the stock prices. they've got to be lockdown winners. susan: absolutely. america's biggest home builder, horton, doing better than anticipated in the quarter. record low interest rates and mortgage rates and the shift towards suburban living. that's helping boost sales at d.r. new home sales hitting a 13-year high last month while the jump

in existing home sales hitting its highest ever in the month of june. home recovery is alive and well. the need for home offices, schooling have fueled demand for spacious homes in smaller metro areas and less crowded suburban areas close to big cities. horton, which has a high inventory of affordable entry level homes, now seeing strong demand from first-time home buyers and also by the way, given the covid lockdowns, more people have time on their lands to work on their homes and home improvement and that's boosting sale at paint company sherwin williams. a sales jump of over 8% in the second quarter. yes, these two are definite lockdown winners. stuart: that's another one i did not see coming. sherwin williams. a paint company. who could figure out that in a lockdown situation, a paint company would do so well. i missed it. susan: that's okay. a lot more to go to. stuart: you got it. i really want to get to this kodak story. they used to be a film company.

lauren, look at the stock, up 232%. they used to be a film company. what are they now? lauren: it is a new kodak moment. they just got a $765 million government contract under the defense production act to help make generic drugs, as the white house looks to speed up production of drug ingredients and reduce our reliance on foreign sources such as china. kodak is going to use their massive manufacturing footprint to produce the raw materials that go into generic drugs, including hydro chloroquine. that's why this stock, this is a lifeline for them. the stock is up 230%. they did file chapter 11 about eight years ago. so they are re-inventing themselves with the help of the government. stuart: they've got a massive manufacturing complex in upstate new york and they are going to use that to supply the ingredients for drugs. i think it's a terrific idea. i had forgotten all about the company. lauren: and hiring 300 workers in rochester, by the way, to do that. stuart: that's a depressed area. that is very good news for upstate.

all right. thanks, lauren. let's get back to big tech because four of the biggest of big tech names report earnings tomorrow. apple, amazon, facebook and google. mike murphy, strikes me, seems to me, that all the big tech companies, they have got to report huge blowout numbers if those stocks are going to stay at these levels. what do you say? >> i say i expect all of them to have very strong quarters, even in spite of the covid pandemic but what we are going to be looking at is the guidance coming from these big tech companies because as we talk about often, none of them are cheap, relatively speaking, so they have to be able to continue the growth that we've seen in order to support their stock prices here and their stock prices going higher from here. i expect not good quarters from these companies, i expect great quarters from them. as we talked about, we are going to need big tech to drive the market to more new highs and

that's what i expect to see on thursday. stuart: got it. thanks very much indeed, mike murphy. all right. futures still pointing south, i believe, pretty much across the board. yeah. the dow, s&p, nasdaq, marginal losses all around there. now, you would think that cancel culture mob would love a modeling agent who empowers women but no. coming up, we have a guest who tells me she's being attacked after being seen on a boat with a trump flag on it. can you believe that? baseball, total mess. major league baseball commissioner robert manfred is defending the league's testing protocols. listen to this. >> the protocols were built in order to allow us to continue to play through those positives. stuart: as they struggle to prevent the virus outbreak, nfl training is still reopening their training camps today. we've got that story for you. mcdonald's reporting their earnings today.

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stuart: we've got a blockbuster on capitol hill today coming from the attorney general, bill barr. he will tell the house judiciary committee about quote, grave abuses in the russia, russia, russia investigation and he will give a full-throated defense of the police. it's his first house judiciary appearance. he's going to come out swinging. maybe you will see a bit of it. we have already seen republican relief plan so let's

bring in blake burman live from washington. briefly, can you spell out the basics of the proposal? reporter: perhaps the biggest proposed change from senate republicans has to do with the federal unemployment benefits, that $600 per week ends in a few days. what republicans are pushing is $200 a week through september and then starting in october, should you still be unemployed at that point, a 70% cap on what you have been making. also, in their plans, a renewal of the ppp small business loan program. also allowing for a second loan for the hardest hit businesses that are still suffering. then there's those direct payments, $1200 to individuals. now, democrats want to keep it at that amount as well for dependents. republicans are proposing $500 for dependents. $105 billion to safely reopen schools as part of the republican plan and then of course, as we have been hearing from mitch mcconnell for weeks, those business liability protections. however, even though republicans

put that plan together, there is still no real consensus from republicans as to what exactly they might support going forward. there's a divide or a fracture or at least they have to figure out what they want going forward, and keep in mind in all those bullet points, we put nothing up there about state and local government funding which you know, stuart, is something that democrats want. so this is just a marker going forward. the negotiations will continue up on the hill today between democrats and the white house. stuart: it's going to get much higher than $1 trillion. the republican plan, what you just outlined, that's $1 trillion worth of spending. have you any doubt whatsoever that it goes up from there? reporter: i have no doubt, stuart. i'm not willing to say a number but certain numbers have been floated to me, i will tell you that, and i'm comfortable telling you on camera it's higher than $1 trillion. stuart: there you go. the definitive response. it's going to be higher. thanks very much, blake. see you again later. let's turn to mcdonald's. they reported earlier today.

revenue down 30% last quarter. the stock's down as well. mcdonald's says look, this pandemic's going to accelerate store closures. they are now planning to close permanently 200 stores this year. ed rensi is with us, former mcdonald's ceo. what's your analysis? that looks like a pretty bad earnings report. what's your analysis? >> i think it's frankly pretty good. i think it's a strong management team at the company. the franchisees are outstanding. they make big investments in remodeling, they put double drive-throughs in, they spent a lot of money on digital, make the company more efficient. the restaurants more efficient. i was surprised to see that the june sales were just down marginally at 2%. i think the drive-through business is really pounding it and by the way, for the franchisee, a lot of that business is a lot more profitable because the dining rooms aren't open. i think the future's good. the 200 store closings, frankly,

is not bothersome to me at all because historically, mcdonald's always closed between 150 to 200 because markets change constantly and there's changes in the dynamics and with these malls in crisis, shutting down walmart is no big deal, closing these mall locations is smart. amazon is eating up that commercial space. i think shutting some of those down is good. the question is how many new restaurants will they build globally. i bet you will find that will be at the same number later this year. it's got great franchisees. i think they are doing smart things. i think they have overcome this covid thing better than most restaurants i've seen. stuart: okay. we hear you. ed, big problem, obviously, is getting people to come back to the office, come back to work. i'm going to put a big number on the screen. 70%. 70% of us say returning to pre-virus life is a risk. there seems to be a real

reluctance to go back to work. how do you deal with that and how do you explain it? >> well, i've had a lot of conversation with business owners and employees. there is so much confusion coming from state government, county government, federal government on what you should do, how you should behave, wear a mask, don't wear a mask, wash your hands, all these things, and it's confusing to the average individual. i know people are telling me i fear for my family. i'm not going to go back to work and bring this stuff home to my children. i'm just not going to do it. so until they have confidence that the workplace is safe, i think you are going to see a resistance. additionally, a lot of people typically at the bottom end of the wage scale are making more money staying at home than they would if they went to work and they don't have to worry about child care and babysitters and all those kind of things. there's a real variety of forces at play here that are confusing people. i will say this. as a leader of people for the 50

years i have been in business, body language is important, teamwork is important. working from home may be okay in a lot of instances, but by and large, companies and institutions are going to want team members together so they get to know each other and function as a team. i've also done calls with different zooms and things like that. people only half pay attention when they're doing that. the rest of the time they're doing side things in the house. stuart: well, okay. that's not a good recommendation to work from home. ed rensi, thanks for joining us. appreciate it. check the futures because we have red on the board. nothing drastic, down about 80 for the dow, 40 for the nasdaq. 9 for the s&p. we will take you to wall street in a moment. ♪

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stuart: we're moments away from the opening of the market this tuesday morning, and we're looking at some red ink, nothing drastic. dow, s&p, nasdaq probably going to be lower in just a couple minutes' time. you better check out big tech. this is premarket prices. facebook, up. that's the only one of the big techs that's up. of course, we are walking

towards thursday, which is the big day for four of the technology companies. that's the day when they report their earnings. as you walk up to that, most of them are down a fraction. that's all it is, just a fraction lower but facebook is up. the streamers, as in streaming companies on your screens, netflix, disney, amazon, apple, at & t, of course, they all did very very well during the pandemic. walking up to today's market, only one of them, at & t, is just a tiny fraction higher. i want to talk about apple tv. susan, a new series? what have we got? susan: expanding their ongoing relationship with the media mogul, a new series called "the oprah conversation" will feature conversations and interviews with oprah and newsmakers. the first few episodes will focus on race and the black lives matter movement. this is the third series oprah is doing for apple. she launched oprah talks covid in late march and oprah's book club also debuted last year.

this is all part of her multi-year deal with apple. she also released another show with prince harry on mental health. that hasn't debuted yet but we know apple tv plus is competing with streaming giants like netflix, disney plus and hbo max and it's tough competition. you have to spend a lot in order to get the eyeballs and reports say tom hanks' world war ii movie has viewership on apple tv plus that equals summer box office hits. but apple had to pay around $70 million to get the streaming rights for that tom hanks movie. that's kind of the deal, right? you have to pay to get the eyeballs and the content. stuart: very interesting, though, blockbuster movie, tom hanks movie, doesn't go into the cinemas. no, it goes on to streaming immediately and the audience that it brings in is the equivalent to a blockbuster at the box office. susan: that's right. that is the direction, right, since we know cinemas are still closed and people don't want to go back into the theaters so why not just put on it streaming, get some of the money initially

in the digital sales and you still get the same number of viewers. stuart: absolutely. "greyhound" was a test of releasing your blockbuster movie on a streaming platform. very interesting. here we go. the bell is ringing. we are about to start trading and here we go. we are off and running and in the very early going, the dow jones average is down 50 points. the direction is south but again, this is not a huge blowout downside move by any means. we've still got quite a few of the dow 30 on the upside. the dow itself is down 80 the first few seconds of business. that's the direction. the s&p 500, where is that? i will tell you now, it's down a tiny fraction. that's it. the nasdaq, where is that this morning? that has opened lower as well. not by much. about .25% on the downside. back to mcdonald's. that stock is now opened with a loss of nearly two bucks. their revenue was down 30%,

closing 200 stores for the year. former ceo ed rensi says twhaha wasn't such a bad report. down two bucks as of now. pfizer, profits down 32% last quarter but the big news there is they are now in phase 3, the final phase of their vaccine trial. the market responding to that. a gain of 2% for pfizer. 3m, they reported a miss on revenue and earnings. they say the virus quote, significantly impacted them. whoa. taking it on the chin. down 4%. show me tesla, please. always interesting stuff. this morning, tesla is down 36 bucks. susan, they've got a downgrade from who and why? susan: bernstein downgrading tesla to underperform today, maintaining its price target at just $900 apiece which is pretty much almost at half the levels tesla is currently trading at which is above $1500 and the reason, bernstein says it's the

valuation is mind-boggling and unprecedented, since the tech bubble back in 2000. bernstein says they get why there's a bull case for the stock price as tesla has great technology and self-driving, huge leader in an underpenetrated market which means electric cars, and they say they are calling tesla's short-term stock move a fool's game in order to predict where it will go in the short term because tesla could blow out all estimates, especially as battery day approaches on september 22nd. still, bernstein says until tesla can prove that yes, autonomous driving is here and they will put in higher margins, they are still calling it a $900 stock. you never want to underestimate elon musk. stuart: susan, did you just say battery day? susan: battery day. yes. remember, battery day, they are going to talk to us about the latest in their battery technology? we are looking for the million mile battery? still seems a little bit off but this is where the battery can hold a longer charge than 200,

400 miles. stuart: interesting that maybe battery day is one of the reasons why tesla's stock price has gone way above $1,000 a share. susan: deliveries, earnings, profits for the fourth straight quarter, pretty much s&p 500 inclusion. i think those are all pretty good catalysts, don't you think? stuart: i will never get to grips with tesla's stock. it's just bizarre to me. but there you go. let's have a look at jetblue. they reported earlier this morning. now, we are familiar with bad news for airlines. did jetblue have anything good in their report, lauren? lauren: well, it depends on how you define good. i will give you that first. that was an adjusted loss of $754 million. the stock's down 1%. i guess this is the good news they are burning less cash at the rate of $9.5 million in may versus $11 million. revenue sank 90% from last year to $215 million. look, the picture is ugly for

the airlines and travel industry. stuart: yes, it is. i would like to see the tsa security numbers recently. i think they plateaued off. in other words, the growth in airline ticket sales has really slowed. we thought it would go straight up but it's not. i would like to see those numbers. by the way, look at the airlines all together. their first aid package is going to expire october 1st but lauren, they are about to get a lot more money after that, aren't they? lauren: yeah, perhaps. a letter was signed by 195 house democrats and 28 republicans. they are looking to keep the aviation staff employed through april 1st. so six more months after the current aid package expires, when hundreds of thousands of workers could lose their jobs. the biggest furlough the industry has ever seen, that's how ugly it is. i want to point out southwest, they have committed to keeping their staff through the end of the year. however, 17,000 of them have already raised their hands to take voluntary leave. i think the bottom line here is this recovery is taking a lot

longer than expected and the airlines need another lifeline which is actually not included so far in the senate republican bill. we'll see what happens. stuart: it will be at some point, guarantee you that. all right. lauren: they need it. stuart: yes, they do. they do. the hotels, lauren, chief executives calling on the feds, they want more virus testing. lauren: it's a pretty urgent call. the stceos of a dozen travel companies representing the $2.6 trillion industry including hilton, high yayatt, windham, marriott, writing congress urging more virus testing. they want more accurate and faster testing, plus contact tracing because they say that's what can really reopen the economy, if you can do that in a safe way. well, many of the hotel ceos that signed this letter are big companies. they do say 83% of the travel industry is actually small businesses and they are struggling. stuart: is the delay on getting the testing results that's getting to a lot of people.

it's quite common to get the test and you have to wait a week to get the results. that's no good. it has to be almost instant. lauren: they want it in 24 to 48 hours. that's what they are saying. the worry is when we start the regular flu testing, when the weather turns colder, that that will further inundate the laboratories and delay covid testing even more. stuart: okay. here's the news of serious importance. the federal reserve is extending its emergency lending programs through the end of the year. that was just announced. no impact on the market that i can see. i would have thought it would have been a plus for the market because they are going to be chucking a lot of money into the economy. so far, not that response on the market. we are down 90 points, .33% for the dow industrials. the ten-year treasury yield, always a key indicator and we have slipped below .60%. we are at .59% as we speak. here's a market that interests me. gold.

where is it today? $1,954 an ounce. only a small retreat from recent highs. bitcoin, what's that today? $10,000 -- no, no. $11,025 per coin. bitcoin's doing well. oil, $41, $40 a barrel. $41.20 is your price. what about amazon? show me that on the screen, please. it is down a mere $3 as we speak. they launched -- wait a second. what's this, alexa, a new app? susan: that's right. the alexa app on your phone that links to your echo devices, your fire tv and this is all based, of course, on your prime account. looks like amazon is rolling out their new redesign for the iphones, looks like also for the androids and fire tablets in late august. the new app will show a custom home screen based on what you use most in the alexa app and the complaint has been the current alexa app is often too hard to use. it offers random prompts on the

home screen and forces users to really dig through menus to find different settings. that should be fixed in the update, according to amazon. in the new app you might see reminders, spotify playlist, shopping list and also upcoming alarms and audible book you may have started, for example. this is to keep users loyal to their amazon devices. aren't you an amazon echo user? stuart: my grandchildren all have these devices, these alexas. constantly surprise me by asking it questions about me. it's very interesting. susan: what does it come back with? stuart: don't ask. don't ask. don't ask. some are calling it nasa's [ inaudible ] moment. on thursday they are sending an experimental helicopter to mars. nasa's deputy administrator joins me next hour to explain what on earth is going on with the helicopter on mars. do you remember these guys? the new jersey gym owners who continuously defied governor

murphy's lockdown by staying open? they have been arrested. they are speaking out bit. more on that coming up for you. president trump heading to texas tomorrow to tout his plan to keep america's energy independence. former texas governor and secretary of energy rick perry joins me on that next. ♪

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energy-independent. what is that plan? who better to discuss this than rick perry, former energy secretary, and with us this morning. mr. secretary, give us the plan. how do we retain our energy independence? >> mr. varney, it's a pleasure to be with you. it's continuing what we know will work. the great privilege i had as secretary of energy was to assist, to be part of this great energy renaissance in america, when the united states became the number one oil and gas producing country in the world in 2018, and it was, you know, a pretty simple plan but you had to have somebody with the courage to implement it and donald trump was that individual. stuart: don't we have a lot of bankruptcies, though, in the oil patch which we have to get around somehow? >> certainly two things happened that were body blows to the oil and gas industry. when russia and saudi arabia went to war probably two weeks

before the coronavirus, that really staggered the oil and gas industry and then of course, the coronavirus has been a devastating blow to the economies around the world. but number one, there are two things going on here. you've got to be able to get this virus under control. got to be able to kill this virus. technologies that are out there, there's a company called integrated viral protection that's got technology that i think you'll be seeing if you haven't already that will kill this virus using the hvac systems in buildings. that will send a clear message to schools that you can open them back up safely. you can get business, get the economy going back again. once that economy starts pumping, then you are going to see the oil and gas industry start pumping, so to speak. these are interconnected from the standpoint of, you know, what the president's message

tomorrow is going to be is thank you all for what you've done. you have made america independent of other countries who don't necessarily have our best interests in mind so that we can have an oil and gas industry that is as strong as it's ever been, drive an economy and i think that's right where it hits joe biden in the gut. he wants to destroy the oil and gas industry in america, shut it down. this green new deal would cost billions of dollars to our economy, hundreds of thousands if not millions of jobs. listen, if you're a union worker in pennsylvania, and you are in the oil and gas industry, the last person you want to see is the president of the united states is joe biden. stuart: so why is the president not running away in the polls in texas? i've got numbers here that show he's supported by 45.4% of

voters whereas 45.2% for mr. biden. why? why is it so close? >> stuart, the same old story we have heard here in texas for literally decades now since i became governor december of 2000. two years later when i ran for re-election, oh, texas is going to be back in democrat hands. here's a poll that shows the democrats are coming back. the last democrat that was elected statewide in texas, i think, was in 1994. i can assure you of one thing. they may come, they may dance in the streets, they may spend hundreds of millions of dollars. texas will continue to be red. donald trump will carry texas overwhelmingly. stuart: we hear you, mr. secretary. thanks very much for being on the show this morning. don't be a stranger. come back soon, okay. thank you very much, rick perry. i'm going to put twitter's stock price up on the screen.

it is up a fraction, $37 a share. the president has a beef with their trending section, susan? what's that about? susan: twitter's trending section in a monday tweet, calling it really ridiculous, illegal, he says, and of course, very unfair. so disgusting to watch twitter's so-called trending with so many trends are about me and it's never a good one and they look for anything they can find, make it as bad as possible, blow it up trying to make it trend. also last night i should remind viewers that twitter removed a retweet from the president that falsely claimed there was a cure for the coronavirus. mr. trump says he prefers to use twitter as one of his favorite modes of communication, as he gets his message across unfiltered but we know twitter has been stepping up its policing of the president's tweets, especially in this election year, and that includes the fact-checking on mail-in ballots, shielding his minneapolis tweet for inciting violence and in response, president trump has signed that executive order in may of this year looking to repeal some of

those protections that social media companies like twitter enjoy from any liability stemming from what their users post on the website. stuart: sorry, but i think twitter just wants to censor the president. that's what they're up to. susan: they say they can censor other world leaders including, for instance, khomeini of iran, but they don't. stuart: exactly. repeating the news, bill barr's hearing in front of the house judiciary committee has been delayed after the chair, jerry nadler, involved in a car accident. again, we have to say he's not injured, but no word on when that hearing will resume. take a look at the price of gold. doing very very well during the pandemic. it's up again this morning, $1958 per ounce. i want to know, did jewelers raise their prices when gold goes to these levels? we will bring you the story next. ♪

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stuart: harley davidson, motorcycle people, reported earlier. oh, look at that stock, really on the way down. 9% lower. their sales, we understand, were hit by the virus. there is something of a silver

lining. they say their sales have steadily increased since april. that's not helping the stock, still down 9.5%. that's harley for you. how about the price of gold this morning? very much in the news recently. right now it's at $1956 per ounce. wow. it's done well recently. joseph shovak is with us, from iannelli diamonds in new york. he's been on the show before. welcome back. good to see you. >> hey, stuart. how are you, bud? stuart: bud, i'm well, thank you very much indeed. do jewelers raise prices when gold goes to these kind of levels? >> that's a good question. i would say yes, they do, because they are trying to get out of the gold they have been sitting on for a long time. are they buying now? no. they're not. honestly, i think if you are looking to buy a really heavy gold chain, something like this, i would probably hold off for awhile. if you are buying a wedding band, something like that, it's going to cost you $100 more.

that's not a big deal. don't put off your life moments just because of the gold price. but if you're looking to invest heavily, now, i'm not a financial adviser, now that we got that out of the way, i'll tell you what i think. it's probably not a good time to buy gold. it's at highs we have never seen before. since 2011. stuart: in your experience, are customers spending the way -- now the way they spent before the virus hit? >> it's been really difficult. i mean, we're in new york city. they closed us down for two and a half, three months. i was dealing with customers on the phone, people still needed their anniversary gifts, people still needed to get married, engaged. the wedding venues were cut down to smaller amounts of people. so it's been a real struggle for our business, but good businesses, they thrive, they still pressure on, they go through all the adversity that they need to go through. we are doing okay.

people still need the sending s essentials. people still need to get married, still need the special moment gifts. are they buying like they used to for every little thing, no, they are probably thinking twice. that makes a lot of sense due to the environmental atmosphere we're in right now. stuart: joe, we wish you the very best of luck. we thank you always for coming back on the show. interesting. >> any time. my wife thanks you because i got to shave my covid beard. thank you very much. stuart: you're welcome. see you, joe. thanks very much. >> you got it. take care. stuart: still to come on the show, bill mcgurn on not caving to the cancel culture. brian kilmeade on sports. really struggling to return. and netflix' cofounder and former ceo mark randolph, emmy nominations out today. will netflix dominate those awards? then we are 97 days to the election. i believe we could see another round of radical change if joe biden is elected. my take on that, next. - hey, can i... - safe drivers save 40%!!! guys! guys!

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mcdonald's, coming off its lows. no, its not. down, it will close 250 restaurants permanently. former ceo ed rensi said that report wasn't so bad. watch this. >> i think shutting some restaurants down is good. the question how many new restaurants will they build globally. i bet you find net-net they will be at the same number at the end of this year. stuart: the stock is down. that is hurting the dow. we're supposed to be hearing from attorney general bill barr shortly on the grave abuses, his words in the russia investigation. however that hearing has been delayed. house judiciary chair jerry nadler was involved in a car accident. we're told he is not injured. the hearing is expected to start later. maybe ben 10:45 eastern. check big techs, please. as you walk up towards the earnings reports most of the big

tech stocks are ever so slightly lower. amazon up a buck at 3056. here we go. a new read on consumer confidence. susan, what it is it telling us? susan: confidence is fading a little bit in the meant of july, 9 2.6. they are looking closer to 94 1/2. june was slightly revised upwards. people feeling more confident in june than initially thought. 95.3 is better number. the confidence confidence is looking at some of the reopenings stalling, in fact repealing some reopenings and jobless claims going up in the past week as well. that is hurting a bit, pitching a bit on consumer confidence. stuart: bring in market watcher scott shellady. we have fading consumer confidence. difficulty in reopening in

various states. probably not going back to school. probably not coming back to offices. that is not great, is it scott? >> no. i've seen this for a while, stuart. we'll not have a v-shaped recovery, as long we can't fill a theater, stadium, restaurant other bus or a bar we'll not have a v-shaped recovery. we'll have to learn to live wit, slower longer. we'll not be firing on all cylinders, that is common sense. restaurants only opening 25 to 50% of the people. that is 25 or 50% of revenues but have to pay 100% of overheads. this will be the 9 american psyche a is battered and bruised until we're. stuart: price of gold is getting fairly close to $2,000 an ounce. what does that tell you about the state of the market and state of the economy. >> i think people are expressing their nervousness in gold,

right? if you think the stock market might crash anytime soon. you might want to hide yourself in gold. if you're worried about inflation because the fed pumping all the money in the economy, you will hide in gold. i always said gold is place to run to when you're running from armageddon. i don't think we're having armageddon but american psyche is unsettled and they're expressing that in gold as well. 9:00 years ago, 2011, we last saw the levels. we sold off hard. as far as an investment goes, since 2011 you've seen some stock indices triple. i would still absolutely have my money in stocks than gold but right now it's a great story but really only reflecting how unsettled the american consumer is feeling right now. stuart: would you act as a reporter for us for a moment because i know you're back in chicago now. >> yep. stuart: when i look out of my studio here in new york on sixth avenue, it is deserted. what does it look like in

chicago? i ask the question, because i think our cities are in crisis. i don't see office workers coming back anytime soon. and i think a lot of people are very nervous about going back new the center of big cities. what's it like in chicago? >> you're exactly right, stuart. i've been back a while now. guess what i got to do today? i got to ride the elevator with another human being first time i've been? a lift with another person since i've been back. there is nobody in the city center, couple or two or three tourists. nobody crossing the streets. a lot of buildings with the riots in may, are still boarded up because the owners don't know they will reopen up. there are a lot of boarded windows. nobody in the streets. you can park where you want. nobody in the buildings. think of all the big knock-on effects that will have. restaurants in the concurses of high-rise buildings, in bars, they will never come back. how will these people ever reopen when we don't have anybody in the buildings?

this will have big knock-on effect. right now it is a ghost town. stuart: on your screens right now i have sixth avenue in new york, just look at. that i can't quite read that. is that from, right-hand side of the screen, july of 2019. now you're looking at it with a live shot as of today. what a complete difference. this goes back to our story, scott. you don't get a strong, rebust rebound if the schools don't open and the big cities are empty, basically. >> right, we have to have the american consumer. they have to repair their psyche. it has been battered and bruises. the problem, stuart, you see what the hill comes up with, government comes up with another stimulus. only stimulus we'll ever have ever work, get everybody back to work to open everything up again. that is the true stimulus. these are bandaids that will not solve anything. we can't keep throwing money

after a virus. it will just not work. stuart: you got it right, scott. i'm in your camp on this one. scott, see you later. this news coming at us, joel sherman from the "new york post" reporting that tonight's game between the yankees and phillies in philadelphia has been postponed. that is two games in a row between those two teams postponed because of virus concerns. doesn't look good for sports. >> now this, are you ready for the extraordinary turmoil that a joe biden win would bring on? after this crazy year, 2020, you have to ask, can we take much more of this? maybe you have turmoil fatigue. if you are exhausted now a biden presidency would really knock you out. it would be a complete reversal of the last four years. taxes would go up across the board. red tape would come back to bind you in knots. you can say good-bye to cheap

energy. that is a lot of change. is america ready for it? i don't think so. we've had so much turmoil already this year. failed impeachment drive. stunning virus shutdown the likes which we never seen before, and an explosion of race-based protest and violence not to mention the cancel culture. i know a lot of people who don't follow the news anymore. not that they are for or against president trump. it is basically that the extremes you see in the news are so unsettling. so you walk away from it. now some people approve of joe biden's radical policies but there is a difference between supporting a policy and living through the change that it brings on. raising taxes dramatically, you wake up in the morning to see a recession. walk away from fossil fuels, you wake up in the morning look at $4 gas lien. defund the police, you won't even get out of bed, you're so scared. all of that will happen. this may be a factor in the

election. when push comes to shove, you cast that vote, will you want to stay with what we've got or change everything around all over again? the committed anti-trumpers will definitely want things to change but the rest of us, i don't think so. there is such a thing as turmoil fatigue. i think america feeling it now, i think it works in mr. trump's favor. what do you think? let us know for our "friday feedback" segment. email us at, put it on the screen, what is it again. tell me in my ear. varney viewers? varney viewers @foxbusiness.com. e-mail us and keep your comments short and to the point. virus, no. are you fatigued, turmoil fatigued. good question. "wall street journal" guy is with us right now, bill mcgurn. do i have a point here, turmoil fatigue? >> you do and you even underestimated it. i think it would be a disaster.

vice president biden says, admits he is campaigning on a far more radical agenda than either hillary clinton or barack obama. he is a good chance of retaining the house and perhaps democrats capturing the senate. so this could just unleash torrents of this. i think he is doing it because he is so old and there are questions about his age and fitness. i think he thinks this kind of agenda makes him look more young and vigorous. i'm not sure that is true. he won the nomination by being the moderate but now it looks like bernie sanders has written the platform that you're alluding to. i'm not sure over the campaign, that this is a good strategy. i think people that don't want president trump, they have kind of want calm so forth. i don't think this is going to provide -- i don't think offering a radical disruptive agenda is the way to do it. i also think, you know, the

biden is making a mistake by being so angry when he campaigns. the people again, that don't want president trump, the best case i think is we're going to have calm, we're not going to have riots, i don't think he can do. that his constituents, are trapping him in this between this agenda, between the unrest and democratic cities. i think he is really caught. stuart: bill, "wall street journal" editorial board is standing up, shall we say to cancel culture. they write, the opinion marriages will continue to publish contributors who speak their minds within the tradition of vigorous, reasoned discourse and these columns will continue to promote the principles of free people and free markets which are more important than ever is what is a culture of growing, progressive conformity and intolerance. that just about says it all. you're on the editorial board. did you write that? >> no, i did not. my boss wrote it. i think that the editorial speaks for itself.

it is called the note to our readers. i do recommend people read it. it basically just outlines that we're going to do what we've always done, stand up for principles of free people and free markets and, and also puts in perspective the letter, you know from our reporters. most of our reporters report the news squarely and so forth. so i would recommend people to read the editorial. stuart: yes, indeed, read it, and well-done, fill mcgurn and the "wall street journal." cancel culture taking aim at the modeling industry. a high-profile agent facing backlash for posing this photo with president trump. or trump flag i should say. she is on the show in our next hour by the way. joe rogan calling it quits on california. he is fed up with l.a. listen to this. >> when you look at the traffic. when you look at the economic despair. when you look at the homeless

ness problem accelerated radically six, seven, 10 years, i think there are too many people here. i think it is not tenable. i don't think it is manageable. stuart: he is going to texas. you could call it a texodus if you like. we have a guy specializes helping people move to red states. boy, has he been busy lately. first that is a on "varney." they're launching a mission to mars this week. we'll bring you details, including a helicopter on mars, next. ♪

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stuart: oh, dear, bad for baseball. espn reports four new positive cases among the miami marlins team. that brings the total to 17. now moments ago we told you that tonight's yankees phillies game in philadelphia, postponed. the marlins were playing in philadelphia when the positive tests came in. that is the second night in a row that a yankees game has been postponed. grim news for baseball. the consumer electronics show, that is ces, moving online for 2021. this is a very big deal. that is the largest trade show in america. it is almost, usually at las vegas. you go to las vegas in person for this huge show. not this coming year. it is going to be online and that is a big blow to las vegas. have a look at walgreen's. two news items there. there is news on the cure curbside delivery or curbside pickup program and data security. what have you got, lauren?

lauren: walgreens is offering curbside pickup four same day online orders at 8600 stores nationwide. easy. you have your order filled in an hour. you arrive on email confirmation. i'm here. store associate puts items in your trunk. it is surging in popularity right now. also wanted to tell you, stuart, about a breach that happened at walgreen's. it happened during the george floyd protest and the looting. some information was stolen by customers. this is what walgreens had to say about that. they say, quote, as part of a comprehensive investigation and review of the damage we learned there was a limited unauthorized access to certain patient information at some of these damaged locations. they add we worked with local law enforcement and are continuing to take steps to assist and notify customers who may have been impacted. so what you need to know is that payment information was not stolen but names, addresses, and health data were.

walgreens has contacted those who were affected but the riots took prescriptions and customer information as well. stuart: despite that, the stock price is up a buck. that is a 2 1/2% gain for walgreens boots alliance. go figure. nasa launching the mars 2020 mission this week. they're going to try to fly a helicopter on mars. how about that? jim moore, nasa deputy administrator is with us now. that is what i want to focus in on, jim, this helicopter you're going to fly on mars. what are you doing? >> stuart, first off, thanks for having me. great to be on the show with you. the helicopter is one of seven different experiments and demonstration projects and it is, really strapped it to the belly of a mars rover we call perseverance. this will be the fifth rover we've sent successfully to mars. we have three expensive craters we learned from to get there,

but with that, that helicopter we're really trying to get it there, see if we can fly it. the density of mars, the atmosphere, is one percent that of the earth's. so it is going to be tough to do. but if we are successful, we'll be able to use it as a forward scout when we send astronauts to mars in the 2030s. stuart: oh, that is what i was going to ask you. you have real live astronauts going to mars, what, 10, 12, 15 years from now, is that right? >> in the 2030s. you think about, we think about one campaign, this is really starting with president trump, who has lit a fire under nasa. we're trying to expand the economy in low earth orbit. that is one domain. the second domain is moon. we're going to the moon. he is told get there by 2024 in preparation to go to mars. with that, we're doing that. we're getting prepared to do

that. then we're sending precursor missions to mars in preparation to get there. you look back at apollo, we had 23 precursor missions before we landed apollo xi with neil armstrong and buzz aldrin on the moon. this time when we go back to the moon we'll send the first woman and next man to the moon which will again be an american first. stuart: can you give me 30 seconds on what we in america will get out of this mars program? what scientific developments are we going to get out of it? >> you know, stuart, i will get there, first off, you know how things are difficult right now. we hope to bring hope and inspiration to the american public but as far as the scientific parts of this, parts of this mission, you know as well as i do that cameras we're using right now, a lot of that technology came from apollo. the miniaturization of a lot of electronics today is because of

apollo. there are some things we've done to help the human condition because of past nasa programs. that is our intent. stuart: if you could inspire our country at this time you've delivered a very valuable service. we wish you the very best of luck. jim morhead from nasa. appreciate it. >> my honor, stuart. stuart: thank you. i will put virgin galactic stock price. they will reveal the first design of the what the spaceship cabin looks like? susan: it will be very sleek. unveiling of spaceship design two at 1:00 p.m. eastern time. this stock is rallying from march depths. that is because the company is helping train nasa astronauts going to the international space station. it is at the forefront of

offering space tourism seeking to fly people to edge of space on the short trips. they have so far 603 reservations. not cheap. the majority of the tickets are selling 200,000 to $250,000 per person. the company is based in new mexico. last summer virgin galactic wanted to start possibly flying passengers by middle of this year. they hired away disney's amusement park head recently, still being ambitious getting people to the edge of space pretty soon. stuart: would you go on that flight, susan li? susan: once richard branson goes on the flight comes back safely and few other billionaires, sure i will think about it. stuart: that is a good answer, thank you very much indeed, susan. let's get serious. two gym owners in new jersey are arrested despite lockdown orders by the governor. they were on the show a few weeks ago. watch this. what do you think the response is going to be? likely to be arrested maybe? >> that is certainly a

possibility. but we consulted with our legal team early this morning. they have been reviewing the orders posted. they told us to go ahead and open. we'll deal with the consequences at that point. stuart: well, they're going to have to deal with the consequences right now. you can guarranty that brian kilmeade is fired up about this. he is on the show in a moment. gold up again, but my next guest just got out of gold for the first time, first time in years he has been out of it completely. i will ask him why he has done that. and look at this, a big backlash after these videos were posted showing crowds of revelers partying in the hamptons with the ceo of goldman sachs playing d.j. no social distancing and no masks. goldman sacks was there. ♪

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chains requiring masks. chipotle down 19 bucks at $1123 a share. look at apple, oprah win any debuts a streaming service on apple tv plus. it begins july 30th, the it begins with leaders and newsmakers around the world. the stock apperks down four bucks this morning. 374 on apple. nike their first ever chief of diversity and inclusion is leaving the company after two years. no response on nike's stock. it is down 20 cents. that's it. take another look at gold. that is the market mover of the week actually. 1965 per ounce. pretty close to 2,000 bucks. and look who is here. dennis gartman who sent me message this is week saying he for the first time in years has gotten out of gold completely. tell me why, dennis. >> well, i'm practicing social

distancing the as yogi berra once said about a restaurant in new york. nobody goes there anymore. it is too crowded. that is what happened to the gold market. suddenly on front page of "wall street journal" of the front page of "business week." you were talking about it. you were talking about it. cnbc was talking about it. cnn was talking about it. nbc was talking about it. didn't make any difference. everybody was talking about gold. i couldn't get anybody to be interested in gold two or three years ago, suddenly everybody is now. i think it is time to go to the sidelines. as i often said in any bull markets only three positions one can have, really long, reasonably long or neutral. i've gone from really long to reasonably long to now being neutral of gold. i think gold can fall $100 an ounce without too much difficulty. by that time the public will be hurt by the positions they took on last week. it will be time to be bullish again. i'm neutral of gold having been bullish for several years on a

consistent basis. stuart: are you long on stocks or neutral on stocks? >> i'm marginally net short of stocks, operative word here is marginally. i trade only for my own account although i'm chairman of the university of akron's endowment. when i talk on this show what i do in my own retirement account. i'm long number of etfs and bonds that pay monthly dividends fairly well covered. so i'm hedging those with short positions and derivatives in the stock market. the operative here i'm marginally short. not demonstrably so, not materially so, marginally so. stuart: okay. you know me quite well, dennis. you know i'm worried about the election. i'm worried about the strength of the economic recovery. i'm worried about the virus lockdown and opening up the economy. and i'm think about selling some stocks that i own, a portion of stocks i own, selling them now in advance of the election. what do you make of my strategy?

>> i think that is very wise. i think selling calls against positions. covering some of your positions. i think buying puts against some of the positions. becoming less long in your instance is exactly what should be done. right now i'm with you. i'm concerned about the economy. i'm very concerned about the election coming up. it looks like mr. trump is going to lose. it looks like mr. biden is going to win. maybe that will change. i hope it changes before the election in november. but if biden were to win, right now looks like he will win demonstrably so. maybe point of carrying senate with him. suddenly talking about large tax increases. you're talking about detrimental activities involved with the largest stocks, trying to break up the amazons and apples and the netflixs of the world. those cannot be taken well by stock prices. so i think your idea of being less involved and taking some profits is absolutely the path to take. no question about it. stuart: if i do sell anything you and our viewers will be the very first to know.

dennis gartman, thank you for joining us. always a pleasure. see you soon. >> always honored. stuart: all right. big party in the hamptons attended by some real bigwigs. susan, one of the bigwigs was the ceo of goldman saks. what on earth is going on? susan: david solomon, known as d.j. dsol. the headliners were popular modern band the chainsmokers t was meant to be drive-in charity. attendees were meant to stay in the cars. parking spots were $25,000. looks like they got out to mingle instead. not a lot of social distancing. you don't see a lot of mask wearing in the viral footage. it looked like a regular concert. that caught attention of governor governor andrew cuomo sweeted he was appalled by the southhampton footage. new york state health commissioner opened inquiry. organizers say guest temperatures were checked. security guards were regularly

patrolling area to encourage mask wearing and social daning. many criticized concert at the hamptons as representative of disregard for rules among wealthy new yorkers. so the rules don't apply to us. as for david solomon himself, goldman sachs came off a pretty strong trading quarter. pretty good earnings reports, paying a multibillion-dollar fine to settle chargeses in malaysia. criticism is raging across social media. stuart: d.j. sol has no impact on the stock price. he has impact on status of elites that go to the hamptons. susan: i'm sure there are internnal conversations taking place with the board and compliance. stuart: oh, to be a fly on the wall. thank you, susan. here is another example. the boston city's mayor issuing cease panned desist order of a cruise company after a photo showed a very crowded boat party.

lauren take me this one. lauren: this sunset cruise was hit with a cease and desist order. show you the photo. the photo went viral on social media. waiting for it to come up 140 people on the top deck. there you go. 70 on the bottom tech. that is within the legal limits by the state. capacity was only 33%. but boston said this cruise company can't operate until they finish their investigation. people were wearing masks but they all crowded on the top deck, and they didn't social distance. now this company is in trouble. i don't know if you were on that cruise, would you have gotten off stuart, went to another level? what would you have done? stuart: i can't answer your question. i probably wouldn't gotten on in the first place. lauren: in the first place. that's what i said. stuart: you have to be responsible here, you got to be. you're out and about. partying around. the mask and social distance that is being responsible. when people are irresponsible, you end up own the news. that is the way it is. all right.

lauren: yeah. for this company who was abiding by the rules for the most part, they're being investigated and they can't operate until that investigation is over. stuart: real, got another example of the cancel culture. president trump's son, donald trump, jr., his twitter account has been suspended for posting a viral video of medical doctors talking about hydrochloroquinn. the twitter said the it violated 9 ruse of sharing misinformation. joe biden voters are less excited about the election than trump voters. what does a bernie sanders guy think about that? we're on it. we got a bernie sanders guy on the show coming up. violent protests and total chaos over many democrat-run cities. no wonder people want to move to places like texas. we told you about joe rogan leaving california, going to

texas. up next you will hear from a guy who specializes helping families move to red states. how busy has it been during the pandemic? we'll tell you. more "varney" after this. as you get older, staying sharp is more important than ever. where's my tablet? you have to remember the names of your grandkids, pets, your son-in-law. favorite son-in-law. and the eternal question, where did you put your glasses? sure, you can spend the day looking

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stuart: he is getting out of los angeles with its chronic homeless problem. they have an education problem too. no classroom learning for l.a.'s kids until next year. they're cutting the police budget while crime is rising. does anyone doubt california will be raising taxes. people are voting with their feet. that was me ranting in an editorial yesterday on joe rogan's move from california to texas. paul chabot he founder affirm

who helps people move to more conservative states like texas. how is birx paul? >> good to be back with you and your viewers. business is booming. we literally have thousands of americans across the country reaching out to us daily, working in 40 different states. our team has grown to 400 referral agents across the country. stuart, it is the same story. americans are fed up living in the deep blue states. feeling they're i have a abused by radical leftists policies and moving to places like texas, tennessee, idaho, south carolina and migration has only picked up in recent months as well. stuart: how many of those people come to you saying we would like to move how many do actually move? >> well you have different subgroups. you have families with young kids making the move immediately. they're worried about the future. you have retirees who just retired, and are making the move. you have this other subgroup, those are planning.

i will give you a personal story was very emotional for i and my wife to deal with a police officer came out to texas with his family, wife and four kids. he works in california as a police officer. he felt like he had to get his wife and kids out of that state. they bought a house here in texas but he still has three more years to retire. so he is going to be flying back and living in california and working those shifts and then coming home occasionally. it reminded me of being in the military when i went to iraq. going overseas to fight for your country. he is still going to hold on to his job to earn that retirement but setting his family up for success in a state like texas where they can be safe. stuart: we hear a lot about this. paul, thank you very much for joining us, keeping us up to speed on your movement. very interesting indeed. paul chabot. thank you. >> god bless. stuart: you got it. new jersey gym owner defiant after being arrested yesterday for defying the state's lockdown

orders. here is what he had to say last night. roll it. >> i'm not afraid of tyrants. no american should be because we outnumber them greatly. the only thing that they run off of is fear which is why you see what you see in the media where they're pumping fear into the coronavirus when what they should be pumping is solutions. stuart: he was arrested. you can bet brian kilmeade has something to say about that. he is on the show very shortly. plus the nfl opening training camps today but more players are opting out of the season. meanwhile baseball scrambling to contain a virus outbreak. mlb commissioner says, don't worry. seven not alarmed. roll tape. >> i don't see it as a nightmare. we built the protocals to allow us to continue to play. that is why we have the expanded rosters. that is why we have the pool of additional players. stuart: okay. that was monday. but now we have reports of another game canceled for tonight. sounds like both leagues are in

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stuart: a lot of market action this week will be dominated

bitic tech. why? because on thursday four of the biggest names report their latest earnings. if they're not blockbuster reports, watch out for the market overall. also, we've got four of the big tech titans so to speak appearing on capitol hill, answering questions before congress. if there is any word about breaking them up or fining them or taxing them heavily or restricting their operations, big tech will suffer and you will see the markets suffer as well. we're walking up towards that. meanwhile on the screens, the race for a vaccine. pfizer, biontech says their late-stage trial, fades three. moderna is in phase three as well. there is real open for a vaccine and a vaccine soon. i will show you some of the winners for the dow. let me see, we've got pfizer,

walgreens boot, they are on the dow stocks. solid winners. nasdaq winners, wynn resorts, even though ces, the consumer electronics show that is not going to be in las vegas physically. it will be online only. that is a blow to vegas but wynn is up. 10:51 on the radio. host of the "brian kilmeade show," brian kilmeade. brian, the owners of a gym in new jersey arrested for ignoring a government lockdown order. they are trying to punish small businesses paying bills during the epdem pick. >> if you want to avoid prison, tear down a christopher columbus statue. if you want to avoid prison, fire a molotov cocktail at a police car that is fine. if you have a grim, nobody go through it test positive, preach health, fitness, responsibility you have to shut them down to the point where they tried to board it up. they tried to lock it up.

they finally took their own doors off the gym and slept there. they kept the locker rooms closed. these guys are, have great constituents. they're model citizens. yet they end up in jail. what a joke. by the way, people listening right now, not only do you not go to gyms, think about the gym owners, their margins are small. they, on best day they're barely making a profit able to pay their people. guess what? they have been closed with no hope in the new york long island area. they're all going belly-up. and the governors don't care. stuart: they absolutely don't care about business in the northeast. >> not at all. stuart: in new jersey in particular. i got that off my chess. let's talk sports this is real serious stuff. major league baseball trying to contain the outbreak of virus. marlins, 17 of them tested positive. we're hearing yankees phillies game tonight is canceled second night in a row.

nfl training camps start today. eight players opting out. seems to me, maybe baseball, football, real trouble here. what do you say? >> let's put it in perspective. what is working. nls is working. they went into the bubble, it is almost done. mini tournament, full term play, visit other stadiums in the fall. that worked. what is working? nba goes to the bubble. what do i mean? they're not allowed to leave except cases of family emergency. if they do, they quarantine. take daily tests if they're away. that is what happened with others. those are working. baseball was working. biggest challenge for them, stuart, they travel. different locker rooms, planes, buses, cabs, whatever. i'm sure they're not allowed to take cabs or ubers. this is the first hurdle. question with all the months, six months, have they built in protocols. okay, weapon lost 11 players. they have a aaa, they have a double a, they have a single a, they have a rookie league. marlins are basically aaa. you bring up people to fill in.

if you have to delay, you delay. you can't take off two weeks. there is opportunity here. when the marlins come barks they're healthy, you see them diving for balls, hitting home runs, knowing 10 days prior they had the covid-19 virus, what a great message that is. you can get it. you can beat it. you can keep anti-bodies to prevent it, you can move on. they need to expand the roster to get people in. the next challenge would be clean out the locker room, so yankees play the phillies where the marlins were. i don't understand how uv cleaning can clean prisons and clean the space program and space shuttle, when we had one, is, can't do this. i mean why don't we have that? so clean up the locker room. it has been a day. stuart: there is clearly a demand for sports. i'm told that the yankees opener, fox had highest baseball game rate national 10 years, of any network, right? >> need it.

absolutely need it. resourcefulness and resilience. when things go wrong in life, we learn so much from sports if you choose to learn from it. resourcefulness, your coach gets fired, you overcome injury, play anyway. how do you adjust, hostile crowd, bad field, how do you play? we lost seven guys to the virus. who will step up to use it as opportunity? what happens in football, invary bring, it will happen in football. they expanded the rosters. i talked to david caldwell of the jacksonville jack wars. welcomed players last week, rookies this week. we'll not cut you because you get the virus but we'll give other people opportunity to fill your spot while keeping you on roster. 32 teams, 60 man roster, maybe bigger, only eight players don't want to play, they get basic salary which is fair i think that is pretty good number. football is colugs sport anyway.

to get on the field you need courage and persistence. stuart: well-said. >> what is virus compared to getting hit by defensive lineman at 100 miles an hour? stuart: well-said. look on upside. look at courage, determination and grit. good stuff. brian, thank you, sir. get back to the radio. a former major leaguer, at this rate what are the chances that baseball finishs the season? i will ask him. we're watching the big streaming names. any nominations revealed 30 minutes from now. which streamers dominate? i say if schools don't reopen, if offices don't reopen, we will not have a v-shaped recovery. that's my take, top of the hour. here we go robinhood believes now is the time to do money.

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♪ stuart: 11:00, here we go. where are the markets now? on the downside, off 120 points for the dow, off, what is it, 35 for the nasdaq. that's not big. and down 3 for the s&p. we did receive the consumer confidence number for july, it was a very soft number as virus cases climb around the country. that's something of a negative for the market. and i want to cover this again, breaking news out of baseball, espn says four new positive cases among the miami marlins, that brings the total number on that team to 17. by the way, tonight's

yankees/phillies game in philadelphia postponed again. more on that baseball news in just a few moments. but first, this: if the schools don't open, if the office doesn't open, there will be no rapid v-shaped recovery. that is my opinion. so where are we with schools and offices? i've got to tell you, it doesn't look good. you've seen this before, a deserted midtown manhattan. we've had four months of this, and if google is anything to go by, big cities will stay empty. 200,000 google people will work from home til next summer. next summer. they're not going back to the office. other companies will very likely follow suit, and why not? you save on rent, you save on commuting costs and stay away from other people. unfortunately, it kills the cities. it drags on the overall economy. it slows down the recovery. when midtown manhattan fills up, we'll let you know.

but, please, don't hold your breath. as for the schools reopening, the news is grim. if children return to the classroom, absolute safety cannot be guaranteed. therefore, some parents and some teachers will say, no, not going back. and besides, the rules aren't clear. if the kids go back and one catches the virus, then what? the rest of the class goes into quarantine and the teacher and the child's parents as well? really? it's a bit like baseball where 17 marlins players have tested positive, and their game was canceled haas night. you can't -- last night. you can't get parents back to work if their children go to class two days a week and home school for three. as of now, late july, schools going back to school is completely up in the air. the great hope is for a vaccine. that will help, but the mass inoculation of america is at least months away. sum it up. millions of youngsters will be at home. millions of office workers will

be at home. empty schools, empty cities, and that means, surely, a slower recovery. i want to bring in market strategist and major leagues investor david bahnsen. you feel as strongly as i do about this. what are you doing about this? you sent a letter? >> i did. the new york post was kind enough to publish the letter yesterday, stuart, and i feel extremely strongly about this although it sounds like i'm a bit more optimistic than you are. i don't believe all of these people are going to stay home forever, i don't believe that life will not be able to continue until a vaccine comes. the good people of sweden are proving that on a daily basis. but, stuart, we don't is have leadership in the city of new york, and so we have to turn to the people who, i think, have the most competence and the most capability here, and that's the business leaders. stuart: yep. >> the ceos, executives that run the companies insidal of those gorgeous -- inside all of those

gorgeous skyscrapers that fill the skyline of manhattan. they, right now, have figured out a place to run their companies efficiently with a lot of their work force at home, and i think that's fine. but they have the ability to get people safely back in the office. they have unlimited resources to do social distancing and proper hygiene and so forth. they can handle the logistics. what they -- [inaudible conversations] stuart: but, okay. if they've got the will and they want to do it the way you say it, do you think they will actually do it? will people come back to work in our big cities? will they really do that? >> yeah. so i have no doubt in my mind because i watched new york city after 9/11. this is not a city that lost its heart. this is not a city that lost its tough theness. it's unbelievable -- toughness. it's unbelievable to me that terrorists could put airplanes through buildings, kill thousands of people, and the city could come back swinging and fighting, and i'm supposed to believe that this virus is going to permanently kill the great spirit and will of this

tremendous global city -- stuart: no, no, i'm not saying it permanently kills the city. i'm not saying that. i'm saying that in the immediate future this city the, look outside, is not doing well and will not do well for months to come. >> yeah. stuart: and that will slow down the economy. >> that's right. all i'm arguing, stuart, is let's talk about the timeline. don't accept -- i'm talking to the ceos of jpmorgan and blackstone and the great employers throughout manhattan. not just financial firms either. i mean, media firms for that matter. all kinds of industries. what i'm saying is don't accept new year's day as your return to work day. let's look to labor day. let's start phasing it in sooner. i understand it's summer right now and de blasio's making it as difficult as possible for life to go back to normal. but move the timeline higher not for your sake or my sake or other folks that are probably in a different stratus economically. for the sake of the dry

cleaners, the restaurants, the busboys, the blue collar workers, the service workers that need the city engaging. they need that life that makes new york new york. stuart: absolutely. well said. well done, indeed. thank you, sir. see you again soon. thank you. straight to your money and bring in market watcher mark tepper. hey, mark, i've been saying earlier on the show i'm kind of nervous about a selloff coming. i'm nervous about the election. i'm nervous about the pace of the economic recovery. i'm nervous about big tech earnings as well. do you think a big selloff is coming? >> stu, good morning. so i think there's a lot to be nervous about right now because the market seems to be priced for perfection, you know? we're within striking distance of hitting all-time highs, and we're definitely not seeing that in the economy right now, so i think there has to be a selloff at some time in the near future. and what we need to be doing right now is we need to be prepared to take advantage of opportunities when they present themselves. so what you should be doing is

you should be trimming your winners, sell your lose ors, right? put your ego in your back pocket and just take ab l on those, get out of them, and build up some cash so you can be op por tubistic on -- opportunistic. stuart: i'm interested in your -- what are you calling it here? >> expedia for health care. stuart: that's it. explain it and tell me what's so good about it and why you like it so much. >> yeah. so we have to have some exposure to financials within our client portfolios, but it's tough to love the banks right now. we have to think outside the box. we love identifying companies that have a rock solid, long-term growth story when they're surrounded by controversy. that gives you a good entry level for a particular stock. so e-health, like i said, it's basically expeez ya for health, they provide an online marketplace for consumers and small businesses to shop around. the stock got whacked last week after just an awful earnings

call. their return rate on their policies was hutch higher than expected -- much higher than expected, but they've identified the culprit. they've got both inside sales people and outside agents, and some of the biggest issues is that, you know, some of these outside agents, they're gunslingers, they're cowboys. they do a great job making sales, but they don't service their clients. so they're committed to bringing more people in-house where they can service people as well. stuart: all right. e-health, buy the dip says mark tepper, and watch out for a selloff. thank you so much, mark. see you soon. thank you. quick earnings check, going to start with 3m. even mask production couldn't really help them that much after the effects of the virus. revenue took a 12% hit compared to last year, lots of uncertainty about future growth. sure enough, big -- 3m is down 4.5%. quite a drop there. dr horton is a home builder. we've been calling -- we call it

a real estate and pandemic winner. they're proving the point, but they're down today. their sales up 40% over a year ago. that's dr horton. that led to a nice growth in revenue. investors have been liking the stock but not today, down 40 cents. sherwin williams, they make paint, they sell paint. that's a lockdown winner. people staying at home to improve their houses. their sales up 8% for the quarter. the stock is up $16 at 642. who saw that coming? not me. kodak. you think they're the film and camera people, think again. lauren, what kind of company are they now become? and look at that stock, up 260%. give me the story. >> so the government is partnering with kodak to make ingredients for generic drugs including hydrochloroquine and in doing this, reduce our reliance on china. let's listen to trade advisor e

peter navarro on this. >> what we have today is a $760 million loan, fully collateralized so so minimal rik to the taxpayer which is going to how this country over time -- allow this country over time to be able to produce a full 25% of the active pharmaceutical ingredients that are necessary to make our generic medicines. >> so kodak has a massive manufacturing footprint from its film days, and they're going to use that to make pharmaceutical drugs. and the white house, as you just heard from mr. navarro, is billing this as the start of american independence in the pharmaceutical industry. stuart: what a stock price performance, up 264%. kodak, film, cameras? no. pharmaceuticals these days. >> drugs. stuart: thank you. the consumer electronics show is going completely digital. susan, that's got to be a huge

hit to its normal home base with, las vegas. >> huge, you're right. so last year more than 171,000 participants from over 164 countries attended the ces. this is a big blow to las vegas which only just reopened on june the 4th and now dealing with unemployment rates still hovering around 15% last month. ces takes place every year in january, and it's only july, by the way. there isn't a whole lot of confidence out there that coronavirus will be solved by early next year, 2021 is, especially with the resurgence of cases in some states. so couple that news with google yesterday taking the lead in silicon valley, extending work from home until july next year. it looks like companies are predicting not really a quick bounceback, right in they're looking at pushing back with their reopening plan. so we have other big conferences and trade fairs have also been forced to go virtual including the apple worldwide developers

conference, and then sales force's huge dream force event, that was also forced to go online as well. this is the world we're living in, and it doesn't look like it's going to change for at least the rest of this year, maybe into next. stuart: oh, clearly. i think it's a new trend in which we're not going to go back to the old ways. i just don't see that happening. >> yeah. stuart: thank you. minutes from hearing this year's emmy nominations. it's the first year in this year's virtual awards season. is this year the streamers take over? we'll tell you in a moment. and the mlb virus outbreak leaves the baseball world on edge. watch this. >> i'm going to be honest with you, i'm scared. i e really am. wear my mask everywhere i go. but, you know, there's always that concern. stuart: all right. is the baseball season destined to be a disaster? we'll ask the question and answer it too. first though, democrats divided. they have a a major enthusiasm

gap. the sanders' supporters are more excited -- [laughter] than biden supporters. we've got a sanders' delegate on the show who joins us next. ♪ ♪ this piece is talking to me. yeah? so what do you see? i see an unbelievable opportunity. i see best-in-class platforms and education. i see award-winning service, and a trade desk full of experts, available to answer your toughest questions. and i see it with zero commissions on online trades. i like what you're seeing. it's beautiful, isn't it? yeah. td ameritrade now offers zero commissions on online trades. ♪ ♪ breeze from the air ♪ wind ♪ blows through my hair ♪ don't care ♪ if people see my dancing in my car ♪

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♪ ♪ stuart: have you noticed what we're going to call the enthusiasm gap? there seems to be plenty of enthusiasm for the president amongst his core supporters. there was also a great deal of enthusiasm for bernie sanders, but he's not going to be the candidate. there is not that much enthusiasm for joe bidenful -- joe biden. so we bring in norman sullivan,

a bernie delegate. welcome to the program. >> hey, good morning. stuart: i'm not going to have a fight with you about whether your progressives are right or wrong, how you're going to ruin the country, okay? but, norman, i do want to talk to you about the level of leverage and and influence that you guys, you bernie people, have on the biden campaign. you've got all the enthusiasm. doesn't that give you leverage to put into the campaign when -- what you want? >> not too much. it's to the winner goes the spoils, and biden is going to dominate this virtual convention and really the democratic party. certainly, bernie delegates like me are unhappy that biden is, apparently, the nominee. we think he's way too conservative. a lot of his positions have been similar to republicans' during his political career for four decades, so we're not too pleased, but we understand that president donald trump has been a disaster for the country, and his handling and mishandling of

the coronavirus is a case in point. so we've realizedded we're going to have to get behind biden and, frankly, hold our nose. stuart: you can't guarantee that, can you? the way you're talking, you're not that enthusiastic about joe biden -- >> that's true. stuart: i see all you guys, i mean, bernie has a lot of supporters -- [inaudible conversations] >> we are not -- stuart: vote for biden. >> we are not enthusiastic about joe biden, we are very enthusiastic about making sure that donald trump does not get back in the white house for four more years, and really that's where our energy is. stuart: okay. i'm going to put on the screen a lit of the reported -- a list of the reported, short list of possible running mates for joe biden. it's a long list on the screen. i don't know when you can see it or not. we have got about, what, 2, 4, 6, 8 -- you've got a dozen people up there. who's your favorite? who do the progressives want for the vp spot?

>> well, really the only couple people that we're enthusiastic about we're seeing on these media-driven lists, one is elizabeth warren and the other is karen bass. frankly, the others -- and we're told that kamala harris is the front-runner -- the other we're not enthusiastic about. kamala harris has been very willing and able to change her positions to be more centrist, sometimes even center-right position. so it's because and it's warren. otherwise we're going to be disappointed. but, of course, we know we've got to beat trump. stuart: okay. if it were senator warren as the vice presidential candidate, does it concern you at all, do you care at all that there would be a stock market crash if senator warren was the vice president? does that worry you, bother you at all? >> no, it's really main street

that loves elizabeth warren, not wall street. and certainly when franklin delano roosevelt came in, wall street a hated this guy, and a lot of the corporate media hated roosevelt as well, and we got the new deal. so that put 10 million people back to work, and elizabeth warren is progressive. finish -- unfortunately, it doesn't look too likely she will be the vp pick. stuart: no impact on the 1 is 00 million americans who have got a 401(k) or ira largely invested in stocks that would crash with a warren vice presidency e and a biden presidency? no concern there? >> well, you know, biden has been a creature of wall street for almost half a century since he entered politics out of delaware. he was a servant of a lot of corporate america. you know, we've heard these scare stories before. i'm old enough to remember in 1964 when medicare was enacted we heard conservative fears that there would be socialism in america. some people said medicare was

communist and certainly wall street was against that too. so that's a historic reality, and we just have to press on and try to create a better country. stuart: you going to come back in 2024? do you think the progressive movement will be stronger by then? >> i think it's quite possible, again, using the analogy we fdr, there was a big push among people at the grassroots to support the new deal in 1933 and throughout the decade with that awful depression. we may be very much headed to another depression. we're seniorly in a recession at this point by most definitions, so there's a strong possibility that as in the 1930s, progressive policies will be enacted. stuart: okay. norman, i think we completely disagree, but we shall agree to disagree. we thank you very much for being on the program today. norman sullivan. thank you, sir, appreciate it. >> thank you. stuart: okay. got an update on tiktok, the controversial social media app.

susan, what's going on with biden's staff and tiktok? >> well, it looks like they have asked their staffers to remove the app on their personal and work phones according to a directive from biden's general counsel. bloomberg news was the first to report this, and the biden campaign, they don't have a presence right now on the social media platform while the democratic national committee, dnc, had already reportedly warned campaigns, including biden's, to take additional security precautions when using tiktok. security concerns have now become a bipartisan issue. tiktok, owned by the most valuable start-up in china, and we know that secretary of state mike pom fay owe has -- pompeo has said they were considering a ban of tiktok. also senators schumer and cotton have called for the intelligence community to assess the national security risks. they say, look, we have hired a new american ceo, and meantime we also got some news from

biden's campaign that they have also asked their staffers to get a approval before buying or selling any stocks according to bloomberg to keep the highest ethical standards, they say, and this is so that campaign staffers don't trade onion public information. -- on nonpublic information. it's pretty unusual for a presidential campaign to have a ban on any stock grading. stuart: yes, it is. susan, thank you very much, indeed. a quick check of the markets, red ink pretty much across the board, but knost not a -- it's not a serious, sharp decline. happening today, the federal reserve kicks off its latest policy making, and we're told that joe biden, we understand that joe biden wants the fed to focus on the racial wealth gap. not sure that affects the market, but that's what joe biden wants from the fed. pfizer, the ceo just said they plan to make enough of the vaccine that they're working on to achieve herd immunity for a

number of years. he also said that the virus will be cheaper here in the. the vaccine, i think he says, than anywhere else in the developed world. they and biontech just entered late stage, final stage trial of that vaccine. pfizer's up, biontech up today. how about this? a top modeling agent attacked online after posting this video on social media. the mob trying to get her canceled just because she was spotted near a trump flag. she's going to join us later this hour. day trading really taking off during the pandemic. e-trade reporting a 260% spike in daily trades during the second quarter. i want to know what are they buying? we're going to tell you in a moment. ♪ ♪

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♪ stuart: still seeing some red ink, but again, i keep selling it, not a huge, serious selloff by any means. how about jc pen incentive they have a buy offer from sycamore partners, it's a $2 billion offer. they want to merge it, jcpenney,

with another retailer they already own called belk, so there's something going for jcpenney but not much. the boom in online trading, my goodness me, look at these numbers. they're from e-trade. over a million trades per day in the second quarter, up 260% from last year. a lot of day trading going on. and they saw a 327,000 new accounts, that makes them pandemic winners. look at this, here is brandon krieg, he's the cofounder and ceo of stash which is another online broker. brandon, are you saying exactly the same thing as e-trade, a huge jump in trading from home? >> yeah. we're seeing massive increases. this year so far we're seeing exponential growth. we've opened over a million new accounts since the beginning of 2020. we've seen stash banking grow over 200% this year, and one of the really cool things about our data, we're actually seeing a 60% increase in new retirement

accounts that are opened on the platform. so it's been amazing to see how healthy the landscape is for the investor who typically has been cast aside are now allowed to start investing and participating -- stuart: oh, i think it's terrific. brandon, i think it's absolutely terrific. but there is a tendency if you're trading from home, you're sitting at your computer, you turn the stock market into a gambling casino. your comment on that. >> i'm happy you said that. i think there's two different categories. some investors are look at long-term investing and taking it very seriously. that's what stash promotes on its platform, long-term investing, thinking about five, ten years out and buying quality companies and etfs they believe in. the other side of this is active day trading. i've been in the markets for 20 years. i started as an electronic algorithmic trader. you know, right now i think it's all about time in the market, not timing the market. i've never seen a more

news-driven market, and i think day trading this market is a little crazy because the market can be up huge or down big on any given day and, quite frankly, that's more gambling than investing. stuart: an honest man. brandon, well done, indeed. [laughter] not many people are prepared to admit that there's an element of gambling there. they don't kind of like that. but i want to know what are the top stocks, which stocks are the stash of people buying most of? can you tell me? >> yeah. it's really the names you'd think. it's the amazons, the apples, the teslas, you know, names like that. it's also risking a lot of buying of highly diversified etfs like stocks around the world, dividend etfs. the difference with stash is you can invest with as little as one penny. we're seeing people put an average of $28 into an investment but do it every week on a regular basis thinking long term. stuart: really?

that's fascinating. that is fascinating. i think that used to be called dollar cost averaging, you put the same amount of money into the stock market on a weekly, monthly, whatever it is, basis, and you always do it whether the market's up or down. and you're seeing a lot of that. that's very interesting. >> it's so important. we have almost a million people that have used a tool called auto-stash which invests for you every week or every two weeks. it's a really important tool when you're thinking long term. of it's really critical. stuart: so you do it for them? let's suppose i put in $100 a week into my stash account, and you would tell me where that money goes? would you do that? >> yeah. you would, you would say -- you will pick what you want to invest in. so say you want to do a company, have a company in the etf, and then you'll say i want to do this on a regular basis. and if you want to do it every week, we don't care how much money you invest. what i want to see, what stash wants to see you do is just do it and create a really positive habit out of doing this on a

regular basis. it doesn't really matter if the market goes up or down. over the longer term, you're participating at all prices. that's what's most important. stuart: and how many accounts did you say that you'd opened, was it this year or since the pandemic? >> yeah. this year we've opened over a million accounts so far, and we have now over five million open accounts on stash in about four years. so it's been really, really cool to see the growth that we've seen this year. it's wild. stuart: that's really cool, especially if you're the co-founder and ceo of stash. that's your company. congratulations, babs done. that is -- brandon. that is a success story. thanks again. >> thanks very much. awesome. stuart: hold the horses, here we go. emmy nominations being announced right now. i bet most of you have not been to a movie and in a theater for a long time because the pandemic closed the cinemas. and, actually, it also stopped film production.

let's bring in mark randolph, netflix cofounder and former ceo. producer -- hold on a second, mark -- i take it we've not yet seen the emmy nominations, is that correct? not seen 'em? okay. okay, i'm going to -- i believe, mark, that when we do see these emmy nominations, the streamers are going to dominate. are you going to take me on? i think they'll run the show. >> well, i certainly hope so, stuart. it's certainly one of the things i think everyone in the country can agree on, that there's some great television television on. right now more of it seems to be coming from the streaming services. one of the things, of course, i'm watching eagerly as these things get announced is two things. one, of course, is how are the streaming services doing against the cable companies. and certainly in the big categories you're going to have hbo, of course, and again everyone's wondering how netflix is going to do.

stuart: yeah. >> netflix won the very, very first streaming service nominated for an end emmy, but it's never won in one of those two big categories, in drama and comedy. so in some ways we're kind of always the bridesmaid but never the bride. stuart: yeah. i mean, i'm astonished, because i've become a netflix addict in part because of you, mark, but i am, and i like a lot of the stuff they put out. but tell me this, hollywood is shut down. not much production of any kind going on. how does that leave the streamers? have they been able to cope with all of this? >> well, certainly it's impacted people. netflix, for example, had so much of their production finished. it was in post-production. so their 2020 slate really wasn't impacted much, so it might slow them down in 2021. i feel a lot more sorry for the news services. peacock announced weeks ago came out the gate limping, it had a

clipped wing because they were planning on having a brand new proprietary content, and it was down to a handful of shows. they were going to be anchored by the olympics and, of course, that was canceled. so it's been tough for the streaming services. but with i think what's helped them, of course, is two things. one, of course, that no one can go to the theaters and watch the movies, but we're also seeing this movement by the studios to say i've got to put my content out somehow. we're seeing things that were planned for theatrical now coming out in streaming. case in point, of course, was greyhound which came out most recently, and that was actually a huge hit for apple. you have hamilton which moved to streaming, another huge hit for disney. i mean, these are interesting things we're seeing in this transition, and i'm wondering is it going to go back. stuart: yeah, fair question. by the way, we're just learning that the actor, the acting. my award is being dominated by

the streamers, which we expected. but this you go. one quick question for you, mark, we're going to get into these results shortly, but the question is, if netflix is the clear-cut streaming winner, and i think it is and i believe you think it is, who's number two? >> i have to say right now it's disney. i mean, disney has certainly gone all in on this, and aye got to say everyone's now had their first at bats. disney hit a home run. if i mean, certainly the hand laurean was fantastic timing, be they've got this tremendous category, fantastic fit and finish on their user interface, and they've demonstrated that this is critical to them. they're putting this first. and i'd actually be proud to have disney as a competitor. [laughter] stuart: i'm sure you would. mark, thanks very much for joining us. i'm sorry we didn't get the emmy nominations in in time because they're releasing rather slowly. >> no worries. stuart: see you again soon.

>> my pleasure, stuart. stuart: he's picking up on my english accent there. no worries, cheers. there you go. do you remember this? dr. fauci's terrible first pitch at the washington nationals' game? kind of a flop at the time, but now it's breaking records. how come? we'll tell you all about it in a moment. at least 14 baseball players are sitting out this season. actually, the number's gone to 17. that number's going to go up, it has gone up as virus cases climb. we'll deal with that next. but i've got to tell you wrigley field in chicago, courtesy of earth cam. there you go. ♪ ♪ this is decision tech.

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♪ stuart: it's an ongoing story, baseball having big problems keeping it players safe. 17 marlins reportedly testing positive.

doesn't bode well for other sports as well including football people, nfl. kristina parse neverless is at the nfl headquarters. they can't guarantee player safety, can they? >> reporter: no, because you can't contain the virus. we know, like you mentioned, the mlb is dealing with an outbreak right now, and now nfl players are choosing to opt out of the season because of the pandemic s. so that's leaving a lot of people to worry and wonder about the future of live, high-contact sports. the latest is dante hightower who is opting out of the 2020 season. he just had a baby with his wife about two weeks ago. he is expected to be the fifth patriots' player to opt out of the season. nfl players can opt out because of an agreement they signed with the players' association as well as the league. but like you said, this is coming at a time when major league baseball is facing a major outbreak. you had over the weekend in philadelphia they had to

postpone four games, two on monday if, two tonight. miami was expecting to move forward tomorrow in baltimore but, unfortunately, it seems like you mentioned there are more cases bringing that total to at least 17 between players as well as coaches. which is why football is playing -- paying very close attention to what major league baseball is doing, because it could impact them. and i'm going to end on this note: football taking it one step higher, telling players that if they caught, contract the coronavirus through high-risk activities like going to a club, an indoor concert, they could face a fine and discipline. but on the positive, the nba so far has not based any positive tests for coronavirus just yet. we're going to wait and see how the football, baseball decide to go forward. stuart: don't go to clubs. don't mix, don't mingle or you'll get find. i can understand that. thanks, kristina. >> reporter: exactly. don't party.

stuart: do not do that. listen to how worried dave martinez, washington nationals' manager, is. >> i've got to be honest with you, i'm scared. i go from here, home, back here every day. that's all i do. i wash my hands. i went from 47 times a day to probably 99 times a day. wear my mask everywhere i go. there's always, i mean, that concern. stuart: all right. here is c.j. anytime kousky, former major league pitcher. c.j., welcome to the program. >> thank you, sir. stuart: look, we all know we want baseball to come back, but in your honest opinion, do you think we'll get a full 60-game season in? >> i certainly hope so. obviously, this is not great news, finding out about the 15 marlins' players, the 2 staff. that is essentially half of their roster. rosters starting the season this year were at 30, we're supposed about at 26, and this was the reason why major league baseball allowed them to be bigger.

they will eventually be trimmed down as the season goes on. this is certainly very concerning, but i would say on the positive side this morning i heard with the live in phillies -- with the philadelphia philliess, there have been no positive tests. perhaps major league baseball, even the marlins themselves can look back at maybe their last 48 hours or so and see if there was any behavior that needs to be addressed, and it doesn't necessarily mean going out and being in clubs and being in crowded places, but also the protocols that a major league baseball has put in place and asked the players to abide by while they're playing the games. stuart: if you were still playing, would you go back and play this season? >> i guess it all depends on your status, at what point of your career you're in, right? guys with wives that are pregnant or due to give birth have decided, some of them the, not to play. you have some players with pre-existing conditions that are out there playing. so it's hard to say. i feel like i would is have played based on everything that we know and where -- my age and my health and maybe how i would

have been affected even if i did catch the virus. a lot of it also has to do with what else do you have at home. what about your parents, your loved ones, those that you're around and the risk you would pose to them and the idea of either staying away from them or just making some really tough decisions. stuart: it's the same dynamic for us all, isn't it? >> it is. stuart: that's the way this work. but i want to say this, the yankees/nationals' tv ratings -- i think it was the first game of the season, actually -- huge. i mean, that was the best network tv performance rating in ten years for a baseball game, i think. clearly, america wants and needs sports. that was remarkable success there. >> it was. and for me calling games for the texas rangers on television here, we're seeing similar spikings. we knew that would be the case coming into the season, so we love the idea that we have an opportunity to bring some entertainment into homes maybe to help people get their minds off of everything else that's going on. unfortunately, more people are home because of where we are with unemployment, and so

there's more opportunity to watch games as well. you're right, the thirst is there for live sports. baseball's excited that we got to be the first sport to come back even though there are no fans in the stands and we miss them dearly, especially here in texas. we just opened a brand new field, but there's nobody in it right now except the players and the broadcast team. stuart: i think you're trying to raise the morale of the whole country. c.j., thanks for being with us. see you soon. >> thanks, stuart. stuart: now, wouldn't you think that the cancel culture mob would love a modeling agent who empowers other women? oh, but no. this top modeling agent is says she's being attacked after being seen on a boat with a trump flag on it. can you believe? she's next. ♪ we made usaa insurance for veterans like liz and mike. an army family who is always at the ready.

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stuart: a manager at a large modeling agency e is the latest target of the cancel culture. susie schwartz attacked online after posting this video. you can see a trump flag on a boat. it's prominently displaid, and she's next to -- displayed, and she's next to it. the mob is telling her models,

drop her. walk with away from susie schwartz. well, she's with us now. it seems like you're just not allowed to be anywhere near a trump sign. what's the mob actually doing to you? >> well, they have attacked me. they have viciously come after me and spread lies that i am a violent racist. for having a trump flag on our boat. they have, they went into my employer, they came after my employer, they came after my husband, they trieded to get me fired. today actually were dming all of my models and telling them to get a new agent -- stuart: what's been the response of the models that work in your agency to you? >> so, you know, they know me. and these are rational thinkers, you know? these are intelligent human beings. [laughter] and they know who i am. so of course they had my back and they ignored it.

and, you know, they too just think it's awful, what's been done. the bully aring. i mean -- bullying. i mean, these people have really gone too far -- stuart: have any models left your agency? >> absolutely not. absolutely not. i do -- they know -- [inaudible] i have been doing this for 25 years and been super dedicated to them. they know i'm the farthest thing from a racist. stuart: susie, i've got to cut this short, and i'm sorry about that. i'm glad you were on the show to see how far the mob goes when they see someone just with a trump flag. i find that incredible. we're on your side, susie. >> thank you -- [inaudible] stuart: i'm sorry, we lost the field there. out of time. there'll be more "varney" after this.

. . . .

stuart: this is indeed a business alert. listen to this. the american federation of teachers, the second largest teachers union, said today, that that union would support its 1.7 million members, if they choose to strike in districts and state has moved to reopen classrooms without adequate health and safety measures. this is very important in business, because you can't get the economy to rebound rapidly and vigorously if the schools are not open, because the parents have to stay home with the kids, and that obstructs the

economic recovery. here's the teachers union, 1.7 million, saying, yeah, you don't adequately protect those teachers and we will support strikes on behalf of our 1.7 million members. not good news for the economy. my time is up but neil's back. neil is back. neil, it is yours. neil: thank you for david and connell filling in my absence. i got more emails, like, let's pray neil is not returning. i can't believe my wife wrote that. if you don't like it, turn the sound down and imagine it is someone else. we have all concurrent developments right now. we're on capitol hill, we're looking at a new stimulus package. republicans w