you are the best, i appreciate you sharing your time with us, thank you very very much. folks this market all over the place and i got to tell you i love it. i've gone through four pages of notes. i can't wait to start putting on some new buys. won't be right now, we'll see in the last hour of trading what liz claman, now liz, i'm buckled up. liz: no, me too. what was that yesterday? i mean, you had the frantic spike in the 10 year yield, a massive drop in the nasdac as wall street wraps up just a wild week and the final session of the month, look at the nasdac now, jumping about 155 points, but the dow cannot seem to find its footing. it's falling 270 points. the 10 year yield right now, remember yesterday? it somehow made this leap to 1.6%. we're now down to 1.46% but either way, a higher yield reflects a building surge in economic improvement, and that surge could be about to strengthen. the food and drug administration

holding its hearing on the emergency use authorization of johnson & johnson's covid-19 vaccination. now if approved, j & j could begin rolling out millions of doses of the one shot vaccine by monday, but airbnb says do you know what? we can holdup in either scenario after losing billions during the covid year, it hauled in $111 million more in quarterly revenue than expected. okay, so when will they swing to a profit? we'll ask airbnb ceo brian chesk y in just moments and whether he sees vaccinations as a light at the end of the very dark coronavirus tunnel and how his company plans to speed forward. pandemic or not, electric vehicle startup fiskar teasing, did you see this , a mysterious new car as it does a deal with the companies best known for assembling apple's iphone, founder and ceo, on why foxcon can help his company speed up the plan for its all electric future and yes, we will

show you what he tweeted. you get to decide looks like a marshmallow. okay, breaking news you're looking at a live picture of the fda's vaccine committee hear ing on whether to authorize johnson & johnson's one shot vaccine candidate and while approval is not yet confirmed, it is expected, perhaps, as soon as this evening. pentagon officials say if approved vaccine shipments could soon reach 13 million doses per week by march which is double the current rate. j & j stock has been higher it's moving lower by 1.8% as we wait. now the vaccine ramp up has got to be, i don't know, beethovan's ninth symphony to the ears of airbnb ceo brian chesky. the stock is soaring in the final hour of trade jumping 16% after the company reported a $3.9 billion quarterly loss, but a revenue beat by a longshot. let's bring in airbnb ceo brian chesky. welcome back, thanks for coming on the show.

>> thank you for having me today, liz. liz: this is your first quarter ly report since taking the company public two months ago. translate for investors airbnb's near $4 billion loss and why it isn't as bad as it may look on the surface. >> well, yeah, the gap ebitda loss was involved, involving a couple one-time charges. one of those one-time charges was for stock based compensation which is typical when you go public and those charges were a bit higher than we expected because the stock price actually was much higher than obviously when we went out at $68 and so now it's over $200. additionally, we had more than $300 million in charges based on a warrant that we took out as part of a debt financing last april, so these are one-time charges but i think the really important thing to look at is adjusted ebitda. if you look at the progress quarter-to-quarter. last year, our adjusted ebitda was minus about a quarter billion dollars and this past year it was just nearly

breakeven, minus $21 million, so we made a lot of improvement over last year and we actually made improvement top to bottom on our p & l from a cost base perspective so i think what the crisis was for us was a moment to get focused and a moment to get significantly more efficient and that's what you see in the numbers. liz: you know, you just used the past tense, the crisis was. i think that's interesting. obviously, it's still going on but the u.s. just celebrated the 50 millionth vaccination. people are already warming up to traveling again. how are you anticipating airbnb fits into perhaps the tour its psychology post pandemic? >> yeah, it's a great question. let me be clear. of course we're still in the midst of a crisis, but 2020 was a year for airbnb and i think that we may felt like decisions in 10 weeks and now with regards to where we are today, here is what i can say. we've done a research report on american travelers, and we asked

them a few questions, and the first thing they told us is that the american travel and public misses travel. they miss travel actually more than any other out of home activity, even more than live sporting events and going to restaurants. the majority of people we survey ed intend to travel this year, more than 50% of american consumers intend to travel this year, and this includes, nearly all price points, so it's not just a certain income bracket. people really want to travel but the kind of travel people miss is not business travel and it's not really people's traveling kind of a more mass travel format. people don't generally miss those double decker buses stand indiana long lines to get their photo with a selfie stick in front of a landmark. what people are telling us they miss is spending time with their friends and families. this is the kind of travel they want to do so this travel season when people feel safe to do so they will travel and when they feel safe to do so it's fairly subjective, probably has a lot to do with vaccine rollout, but that's very much pegged to the

rollout, so initially travel is people getting in cars, traveling nearby, to destination s about 200-p hundred miles away, going to small town, small cities, rural community communities or even national parks and then people get more comfortable to cross borders. liz: i like that house in the middle of the ocean you're showing so you've done a lot of predictive modeling here is predictive modeling as far as the question is concerned. when can investors expect to see you guys swing to profitability? >> well, you know, we're not going to make, we didn't put out guidance, but i think investors, the one thing i would like to call their attention to, is you look over the last year at our forward progress on adjusted ebitda that's a pretty good story of where we're headed and it's a much more efficient company than where we've been in the past. liz: i'm dying to know too. when it comes to where you grow, because in this day and age, if you don't grow, and you don't expand and you don't evolve, you die. you guys, before the pandemic,

in 2019, bought hotel tonight. the website that is for very short notice, hotel booking. i'd love to know how you plan or envision to use that is there a chance at any point where you guys work on an airbnb-branded hotel of sorts whether it's a cluster of small homes with 24 hour room service because people love that and they love to be able to call up in the middle of the night and say i forgot my toothpaste can you bring me some is that an option as far as growth is concerned? >> well the good news is theres a lot of opportunities for us to grow. we can go a lot of different directions but i'll just say this. last year, we lost 80% of our business in eight weeks so what we had to do is in the middle of a crisis, we had to focus and we had to do really really quickly and we acted decisively and we scaled back a number of investments in fact we have a hotel offering, i'm very proud of it. we did scale back some of the investment in that area and some other areas. we put our very best people on focusing on our core business of

individual host who offer homes and experiences. i think that focus starts to help explain why our rebound was as strong as it was in addition to the fact that our model is just inherently very adaptable to any travel-changing pattern and so i think some of the biggest opportunities this year are to get ready for this travel rebound that we're anticipating, we don't know exactly when, we would rather be early than late and we think we have the right product at the right time. we are working on verifying key attributes of listings in airbnb , we work with the surgeon general of the united states, who was surgeon general under president obama to create an enhanced cleaning protocol that more than 1 million hosts have been able to attest, so, we actually think between all the efforts we've done, our two- way reputation system, where both sides review, and 70% review each other and a lot of these things are really standard s for quality and i think what a lot of people are telling us is airbnb now isn't

just an alternative way for traveling, for many it's the default. so i don't think you'll see us putting cement in the ground doing a hotel anytime soon, we're very very focused on our core business. liz: well, i think for a business that started in 2007 just as the housing market imploded, it is a fascinating story and i love to follow it, brian, thank you for coming on. brian chesky. co founder, ceo of airbnb, any time. quickly to the markets let's look at the nasdac. i know you want to look at the bloody stuff which is the dow at the moment but the nasdac is recovering from its steepest sell-off in four months. we are keeping an eye on the s&p , it is off session highs but still up about 15 points, swinging back and fourth between positive and negative. it's the dow that's really struggling at this hour, sinking 189 points low of the session though it had been down 490 but while the major averages are solidly on pace for ending higher for the month of february

, i wanted to pull out some of the biggest laggards because just because they are lagging doesn't mean they're not great buys right? dragging on the dow this month, walgreens, walmart, i'm sorry, and amgen, we also had apple as one of the laggards here losses of nearly 6% here, but flipping it over to the s&p, a defense aviation company is the biggest laggard followed by perkin elmer, and akamai, down by more than 14% and flipping it to the nasdac, peloton is sink ing nearly 18% for the month of february, tesla isn't far behind down 13% and cerney round ing out the worst performers so why are we showing you the months worst performers let's bring in david tinafeyer and phil flynn. do investors want to be picking up cheap stuff ahead of the weekend or going into the weekend flat or short? >> i think the noise trader

risk is at an all-time high here as evidenced by another sort of gamestop scenario. i mean look, if you didn't get scared from the rollercoaster ride the first time with gamestop and you are on there for a second time you've got to be really crazy so i think it's time for investors who care about risk to really move into some of these safer names and walmart, hyatt, a lot of these companies that have profitable, great business model s that are trading just extraordinarily cheaper than some of the stocks like an airbnb, that's the way for people to go right now. liz: wait, you're not calling airbnb a mean stock, are you? that is a company that right now , is looking very very strong and is on at least a trajectory, right? >> i don't know what you call strong, liz, they lost several billion dollars in the last couple years, so look, adjusted ebitda, i live through the tech level. you should see my adjusted ebitda it's really good too,

rosenstein it? so firms that are looking to move the goal post on how to measure profits are having to move the goal posts because they don't have real profits, and look, airbnb recently faced some major regulation that caused over 50% of the listings in their most profitable market, new york city, to suddenly become illegal. so their business model has got real challenges. they aren't making money, they have low barriers to entry, and the valuation, here is the thing , this is why i call it a mean stock, liz. the valuation for airbnb currently implies their revenue from 10 years will be three times hyatt, marriott and hilton combined. that's what the valuation -- liz: okay, so let me just jump in with phil. as david schweikert outlining this , what do you see as an opportunity, because again, i think the pandemic has altered our way of life. i look at things that will change forever, and i do see

some things on there and then you can see how that may affect a business or investment decision. >> i think you're absolutely right, and i think that's what the we're seeing here. if you look at what we've seen in the nasdac when everybody was staying at home those stocks are the ones outperforming everything, right? and compete stocks were down but now we're getting the possibility of vaccination, we're seeing a little bit of a rotation but does that mean that we're going to go back to the way we were before? does that mean that the nasdac stocks are no good? absolutely not. in fact, if you look at this chart, on the nasdac today, you know, every time the chart has tested this hasn't broken, especially at the end of the month on a friday and bounced it backup, it was a buy, not a sell, and i think people who have over thought the nasdac trades left out on a lot of money. one of these days it may break down, right? but today, this month, this week , looks like the test in a hole which means you want to be a buyer not a seller going

into the weekend. liz: buyer not a seller going into the weekend. okay folks you've got about 47 minutes left to become a buyer if you want, david trainer, phil flynn, have a good weekend. have they watch their shares in gamestop plummet after the online brokerage robinhood banned investors from buying shares but could the sec soon put a stop to all of it or at least part of it? charlie breaks that, next with the closing bell ringing now in about 46 minutes, the "claman countdown" is coming right back although the dow is going to have to fight really hard if it wants to come back to the grain it's down 219 points. ♪ limu emu & doug ♪ hey limu! [ squawks ]

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♪ limu emu & doug ♪ hey limu! [ squawks ] how great is it that we get to tell everybody how liberty mutual customizes your car insurance so you only pay for what you need? i mean it... oh, sorry... [ laughter ] woops! [ laughter ] good evening! meow! nope. oh... what? i'm an emu! ah ha ha. no, buddy! buddy, it's a filter! only pay for what you need. ♪ liberty, liberty, liberty, liberty ♪ liz: well, after a stunning two day sprint higher gamestop shares right now are still gaining, but up just about 4% although this doesn't tell the story if you looked intra- day, it has fought back from a deficit earlier during the session but could this training mania all come crashing to a halt for a different reason than you'd expect. charlie gasparino has exclusive details on a new way regulators

may try to crackdown on day trading specifically, right, charlie into charlie: i think this gets to it, just a minute ago i could be wrong, i looked at gme and it was down, a few bucks. liz: yes it was. charlie: can we show intra-day guys? this thing is wild yesterday it got as high as almost $200 a share. remember it got to $500 a share, during the height of the mania, that caused the lockdowns from gamestop and the entire frenzy of robinhood was around this whole thing, this trading of gamestop, which last summer, was a penny stock. now, how do you define a penny stock? the securities and exchange commission defines a penny stock , something small investors may want to stay away from because it has a highly speculative business model and the markets are saying watch out for this. they are saying that anything that trades below $5 a share. now, look at that, liz.

that's how many trading, how many penny stocks trade on the gold standard of listing venues, the new york stock exchange and nasdac. they are listing penny stocks. gme, gamestop, was a penny stock this summer for a long time. it wasn't a $500 stock but if you look at the chart look at the flat line chart it was a penny stock for a long time, traded on the new york stock exchange. so, what does that mean? i will tell you this that i know that the securities and exchange commission, this has been brought to their attention, that both major exchanges list these penny stocks on the exchange, which allows them to be traded, so long as they're listed they could be traded on robinhood and elsewhere and that has been brought to their attention as one of the sort of root causes of the trading frenzy that let's be clear here. when robinhood traded as high as

$500 a share, there was a lot of dumb money, average investors that started piling in the stock thinking it's going to a thousand, and they are probably getting it in now because they are believing all of the hype on the message boards. now, one way to short circuit this is that if they were treated as real penny stocks, and not listed on the stock exchange, back in the summer what has been brought to the attention of the securities and exchange commission is this whole thing, this whole train it frenzy would not have happened because if they aren't listed they can't betrayeded on these platforms like robinhood and schwab and elsewhere so what we understand is this is brought to the attention of the sec which monitors this which is the uber regulator on top of the exchanges and exchanges have their rule which is allow penny stocks to be on the exchange but the sec could stop that and they are looking at that and now whether they are going to impose a rule that stops the trading of penny stocks or stops the

listing of trading penny stocks i can't tell you. i just know its been brought to their attention, they are taking a look at it and they know that this is, if they could have nip ped this in the bud in the summer, theoretically, if gamestop, at that point, when it was trading around $5 and $4 and $3 a share, some with amc, same with blackberry these are all tenney stocks. liz: charlie? charlie: they could not have, let me just make this , this whole trading frenzy would not have happened. liz: okay. the sec is suspending trading in multiple issuers based on social media and trading activity. this is coming out about six minutes ago these are otc over-the-counter names. charlie: well that's different. liz: i'm just saying doesn't it, does it not kind of come under the suspending trading when social media activity gets so hyped up that these prices start

to move and it becomes a little dangerous? charlie: well, yes, but remember , suspending trading on over-the-counter stocks, for example, when stock is traded over-the-counter, its got warning signs all over it, because it's over-the-counter, but when the stock trades, even a penny stock, on the new york stock exchange, and the nasdac, the gold standard, well then people think these are okay companies. i will tell you when a stock trades long term, as a penny stock, $5 a share, unless there are issues with those companies, and the stock exchanges are diverging from the sec in these whole thing, they believe less than $5 a share for a significant amount of time is a speculative stock that you should stay away from. the stock exchanges are saying oh, we want the money we're just going to keep listing them and then you can trade them on robinhood. it's a crazy situation, that's going to get a fresh look right now, liz. back to you. liz: you know who used to love

trading penny stocks, warren buffett in his early days called them cigarette butt stocks with one last puff of smoke you get out of it. charlie: that is how he had fun and gambled. a lot of people think this is like -- liz: he was early and didn't have a ton of money to put into names like disney so charlie, thank you very much. charlie gasparino. president biden traversing texas at this hour, as millions of residents struggled to recover from last week's deadly winter weather blast. we're going to go straight to the lone star state for at least to find out exactly what's happening, right there. that's a live picture on the president's visit when the "claman countdown" comes right back. 36 minutes before the closing bell rings on this friday, the last trading session of february, the dow having a real tough time here down 240 points. ) ♪ ♪

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biden is set to tour a harris county food bank in houston. you're looking at a live picture of that food bank, he will be, he can see just to the right of that green post there, he is there speaking and meeting with volunteers and he's flown to offer a report as the state recovers from a brutal winter storm that caused power black outs that left people literally freezing to death. as houston residents file suit against their local utilities and electric companies, claiming that they were price gouging let's just take a look at national utility stocks it's a mixed picture, duke energy and american electric power are down , we've got exelon moving higher but texas is of course the country's top oil producer. west texas intermediate futures, after a run to the upside, for many many weeks, down 3% today, futures closed down 3% on expectations of increased supply and a strengthening u.s. dollar. we're still above $61 per barrel

let me get to gerri willis now for today's fox business brief. gerri? gerri: thanks, liz. that's right, two pandemic plays moving in opposite directions. doordash shares lower after the food delivery service forecast a slump in its fast- growing order business, as vaccine rollouts accelerate the dine-in economy, doordash's first earnings report as a public company shows its earnings loss widened but etsy is surging after the online marketplace posted up beat fourth quarter results with sales surging as the pandemic proved to be a major tailwind and also gave strong guidance for its first quarter. workhorse is plunging ahead of its earnings results monday, the ev maker expected to report a loss of $0.13 a share, and been under pressure after it lost out on a u.s. postal service contract to build nextgen delivery vehicles, and speaking of ev's liz talks to he

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liz: i don't know, it's kind of like the week for ceo's to put out cryptic tweets. first gamestop investor ryan coh en tweeted out this ice cream cone meme which people interpreted as a signal to buy game shares and today look at the founder and ceo of fisker tweeted out, is it a ghost car, made out of marshmallows or something so revolutionary that the ev company says he's going to keep it top secret for now,

all we know is that fisker will could lab with foxconn, and as fisker hits a record high let's see in my countdown can pry at least some details out overmix's chief, we welcome hinr ick fisker. can you give us at least one juicy detail about this mystery vehicle? >> well i can give you a couple one is that we haven't announced yet one is is that it will start under $30,000 and the reason is we want this to be kind of a vehicle that goes across social borders. the independence always their vehicles and coming out with a new sedan so it's like okay that's fair, or it's just luxury car, whatever, and we were trying to make a vehicle that really appeals to everybody and the only cars that i can think about that has done that in the past is the volkswagen beetle and the mini cooper so that's something where we want

to reinvent itself of the appeal of the vehicle and the second part is it's going to be super futuristic because we're going to forget everything we know about cars today, and really design something that has never been seen before, in terms of how you use it, because i don't think people that let's say live in new york or los angeles or london uses a car the same way they did 50 years ago and essentially the car itself hasn't changed in 50 year in terms of the hardware and how it looks and finally the interior will be extremely dramatic of course fully connected and with some very unique features again we've never seen before so that's why we keep the secret until the last moment. liz: okay, so no marshmallows, sedan suv commercial truck oral three? >> something completely new. it's not in the segment right now. liz: okay, you know, sub-30,000. you've heard elon musk, of course of tesla, say that he wants to do a $25,000 ev and that's when you will hit critical mass of people driving

these things around. how soon do you think we will see your, at least, 30,000 or below car? >> well, definitely below 30,000. we will come out with it inq 4 2023. i mean one of the reasons we are doing this with foxconn is first of all, we are jointly investing into this program. secondly, foxconn is the largest manufacturer in the world and they got a gigantic supply chain they already supply some automotive parts, and i have full faith that foxconn can really come up with some new ideas of lower end costs both in the supply chain as well as in manufacturing. liz: foxconn, of course, is known for assembling iphones. it is no secret that apple maybe very deep into creating an electric vehicle car, who knows it may be fully autonomous are you worried at all about foxconn working with apple and then working with you, who could be a potential competitor here?

>> no. i think the other way around. i think it's great that foxconn is part of revolutionizing the phone business so they understand what revolution means i think, you know, one of the events is that i'm the ceo and chief designer so i can do something really radical that most likely won't go through a lot of committees so i'm pretty convinced we will have something so dramatic, so different, it won't look like anything else on the road so i'm not worried about that. liz: the fisker ocean which is the first one that comes out, i guess the msrp is around $37, 499; however with the tax incentive, the tax credit for buying an energy efficient car, such as yours, it goes way down. have you guys modeled at fisker for a time in the future when the u.s. government says no more federal tax incentives for these things. >> absolutely because we started this program during last

government so nobody knew what was going to happen and if you look at our starting price, $37, 500, that's exactly the same as any similar gasoline-powered medium-sized. isuv would cost, and we probably beat any of our competitors gasoline competitors when it comes to acceleration, connectivity, over-the-air updates, et cetera, so this is actually more value for money than any gasoline car, and quite frankly, you're buying any gasoline car today, probably have a really terrible resale value in three or four years from now when buying our cars that are state-of-the-art technology so that's the difference. liz: interesting point. lithium batteries are key here, and now that you see scaling up on behalf of companies from tesla to neo and now cciv is trying to bring the lucid into reality at some point, where do you source your lithium ion batteries and are you worried about a shortage? we keep talking about a shortage in semiconductors but at some point we're going to see a shortage if not relatively soon

perhaps sooner or later with the lithium ion batteries. >> no i'm not worried at all. we already eliminated our lithium ion battery cell supplier, and what's happened in the industry, liz, is that there was a lot of predictions a few years ago where someone of the traditional has launched electric cars and they never hit the sales goals, so the truth is that the battery manufacturing actually geared up for more batteries, electric vehicles to come to market much more successfully, so i think they have kind of pulled back a bit, and probably really picking and choosing who they want to work with and i think we have shown to our battery supplier which by the way is one of the five largest in the world that we have a solid business model. we have over 12,000 orders, we are building our first car with makna, known for making high-quality cars in some of the best high-quality cars in the world, they launch on time, they are in charge of quality, they ramp up fast, so that takes

a lot of the risk out. if i was telling all battery suppliers hey, we going to make a factory in the desert and hire people who never built a car before, i be very worried because they wouldn't be sure if i could crank out cars from the get go in the same quality as a normal car today. liz: henrik, as we are speaking your stock hit 52 week high, or a session high rather, session high, that could very well be 52 week high because you guys are topping 33% or $7, yeah, let me look. okay intra-day, it's actually at highs. good to see you, henrik. listen we're cheering on all in novation here in u.s. so we'll be watching it thank you so much >> thank you very much, liz. liz: henrik fisker ocean. the fight for $15 minimum wage raging on capitol hill. coming up larry kudlow we'll ask him how he sees the

$1.9 trillion house stimulus bill playing out once it gets to the senate, and one faithful night, a tragic accident torpedo ed anthony jang's entire world. he was riding high graduated from usc, mark cuban was invest ing in his company, peter teal was bringing him on but everything stopped, so how, today, is he launching what, his third, fourth company, veno vest? what an incredible story and conversation with monday of the most inspirational people i've interviewed for my everyone talks to liz podcast. it's available wherever you get your podcast, apple, google, fox news podcast.com check it out. closing well ringing in 17 minutes. we are coming right back. our retirement plan with voya, keeps us moving forward. hey, kevin! hey, guys! they have customized solutions to help our family's special needs... graduation selfie! well done!

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liz: space tourism leader virgin galactic tumbling again at this hour down 11.33% following a flurry of announcements that a pushback test flights and all kinds of services, first virgin galactic said its next space flight will be delayed until may it was originally scheduled for february 13 and that has delayed the test flight where billionaire founder richard branson will actually be a passenger. branson's trip now likely planned for sometime this summer with dates still pending all of this culminating with the company pushing back its entire space tourism backing plan until 2021 while shares, yes are down today, they are still up 58% so far this year. which brings us to flip it over to ufo procure space, the exchange-traded fund which does hold virgin galactic shares in it, it is flat at the moment slightly lower but up 22% over

the past year. we do have this breaking news, house speaker nancy pelosi and fellow democrats are about to hold a press conference ahead of tonight's vote on the american rescue plan act of 2021. that of course is the $1.9 trillion biden coronavirus stimulus plan and it includes the language on that $15 an hour minimum wage, something that will not be included when it gets to the senate after passage later tonight, due to parliament. let's bring in larry kudlow, the host of "kudlow" so what happens, what do you predict, larry when it gets to the senate and they have to remove this $15 an hour part? >> it'll happen. it'll probably pass. i don't really want it to pass or i'd like to have a much different bill, by the way, we have republican leader kevin mccarthy on, so he'll comment tonight about the house activity i don't know why the speaker, look, the parliamentarian rule that's it, it's all over. if they want to do minimum wage they have to have a separate

piece of legislation to do it so we'll see about that. but you know, liz, just i looked through some of these crazy number, the bond market is in full vote, and the rates are rising, they don't want excess government spending, this thing, you could have a bipartisan bill i think put unemployment help which is necessary,, ppp re-queue, vaccines, health, school, essential stuff you could have done it for 400 billion. 400 billion would have been fine close to the republican option which i think was 650. i'm just saying if you had a real bipartisan bill, we would have much lower number, much more targeted we wouldn't have interest rates rising et cetera. that's my quick thing. liz: well what do you think, larry, quickly about the theory that at a time like this when you do more that really

accelerates a recovery. i don't buy it. do more for a month or two. you saw the numbers today, huge spending, 21% saving rate, earlier this week, we had manufacturing, capex, retail sales, we don't need it. i just cut back to the bond market vigilant e. rates in the long end are rising , there's some worries about inflation and some worries about selling all that debt, all those bonds. we're going to have the greatest bond salespeople in the history of the earth, so all i'm saying, liz, there's a limit to it. there's a limit to it. liz: there's no limit to my ability to watch your show right after the "claman countdown", larry we'll see you at the top of the hour and of course larry does have minority leader kevin mccarthy great timing because the stimulus bill will be voted upon by the house some time tonight and he also has special u.s. envoy to northern ireland, mick mulvaney joining him, nine

minutes before the closing bell rings, an important question, pot stock canopy growth and silver, yes, the metal, what do all three have in common? well, today's countdown closer, todd bubba horowitz is about to link all three together when the "claman countdown" comes right back. don't go away. vs were engineered with only one mission in mind. to be the best. in the category, in the industry... in the world. lease the gla 250 suv for just $399 a month at your local mercedes-benz dealer. mercedes-benz. the best or nothing.

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♪ ♪ liz: four and a half minutes before we close out the trading week. markets are wrapping up the week, and what do we see here? well, for the day the down is down 328 points. the s&p, of course, now back down. it's now down 1 point. nasdaq up 114 points. by the way, the s&p has crossed the unchanged line today more

than 100 times signaling so much uncertainty as investors struggle with rising interest rates and inflation prospects. but for the month of february, green on the screen. you see the dow will close up about 3.6% for the month, s&p up 3%, nasdaq up 1.25 the % for february. mixed markets this afternoon, but today's countdown closer has three totally unrelated names he says has one common thread. let's bring in tom horowitz, he's joining us now what's the common thread? >> hi, liz, thanks for having me back. you know, listen, the common thread is draftkings and canopy growth will work in any environment, and they're both growing very quick he. you know, gambling at home, fantasy sports, they're legal in 50 states, they're going to get into new york eventually, they're going to get into california, and, of course, these apps are exploding, and there's more and more handles. you see in new jersey last month

they handled $1 billion in a month. and, of course, the pot, the whole key behind pot stocks is they have to get the fed to pass a bill, which they will because they need the money, and they'll get the tax base. they're going to pass a bill that's going to legalize marijuana in every state federally instead of state by state, and that will create a huge boon for those stocks and especially the canopy growth because of the overall ability it gives them to be able to operate like real companies and bring in outside investors like these funds that cannot invest in these now. and if you bring in silver, silver looks like it wants to explode. not as a precious metal, but it's also a industrial metal. and it looks like there's a lot of use coming forward as well as what's there, and i can only see it going significantly higher with very little risk. liz: todd, the markets shivered yesterday when that 10-year treasury yield jumped above 1.6%, albeit very briefly. we've come up off that -- we've

come down off that level, i i should say. we're at 1.428, does that send you any kind of signal as a longtime, experienced trader about whether stocks and a fierce bull market can really continue as rates go this high? >> no, i don't think it can, liz, and i think here's the story with the rates. the bond markets, the fixed income markets are the biggest in the world by ten times, and they are not happy. and they are fighting it every step right now. and they're going to continue to keep the pressure on the fed. they don't want all this stimulus. they don't want all these plans. and, again, the banks are making a fortune right now because the lending spread because the fed won't get off the zero line. so these bond guys, they're going to continue to fight this because -- they're the one market that can actually try to put some pressure on the fed. they're big enough to do so, and this overall inflation that they keep trying to hide through this money printing is laughable. look at the commodities.

look at the bubble. so, look, we could go for another year, but at some point we're going to get a lot more warning signs today than we had in the past. liz: yeah. you know, what an incredibly wild, wild week that we had. and you can see that some of the losers are very popular and strong names. salesforce, freeport-mcmoran, copper at multiyear highs. todd, give me a prediction for monday trade. really quick. >> i think monday trade we're going to open higher, and i think we're going to be able to sell into it. i think the markets are going to open the new month on a rally, and i think that you can then probably look for some selling and look for volume to increase every day because it looks like there's a lot more movement coming, and i think we're going to see some real action. liz: yeah. folks, we are now down on the dow, 419 points. session low was 490, so it looks like we are heading back down in that regard. it's been a very red day for the dow. todd horowitz, bubba, always great to have you. folks, todd actually teaches

trading. you've got to listen to him. he's a longtime expert in this stuff. folks, thank you so much for joining us here. it is a mixed picture, but the nasdaq comes back 81 points after yesterday's rally. that'll do it for me, time for "kudlow." ♪ mug. ♪ ♪ larry: hello, everyone, and welcome to "kudlow." i'm larry kudlow. folks, here's the leadoff thought today. i'd like to connect the dots between huge volatility in stocks and bonds this week, mostly on the losing side and the so-called stimulus package. now, i mentioned last week to my wall street pals who are sort of baying for stimulus, be careful what you wish for. all the numbers show a rapidly recovering economy largely from vaccines, herd immunity and economic reopening. so this past week we saw a bond market revolt against the stimulus package which now