, give it a second look? >> absolutely, man. i really think that yesterday, and maybe it was just a one day event yesterday where everyone seemed to be afraid because the red sox-yankees game got canceled i don't know why but when you look at it, we're much healthier and i think the vaccine right now has a point where -- charles: i've got to leave it there, mark. >> we're minimizing the symptoms. charles: an unusual pick for you , mark thank you so much, liz claman, a lot different right, 24 hours, things change a lot in 24 hours don't they? liz: i know. you see? you had your moment yesterday, to buy on the cheap, right? i mean, wall street definitely is in this last exactly let's call it 60 minutes before the closing bell rings, erasing much of the loss endured in yesterday's worst sell-off of the year. remember the dow saw 725 points disappear yesterday. today, 579 points have re

appeared at least right now but if you're the richest man in the world today marks the best day ever. that was amazon founder jeff bezos' description of today's nearly 11 minute flight into space, and bezos said his crew successfully launching into space aboard blue origin's new shepherd rocket. we're going to take a look at what today's giant leap forward in the privatization of space means for the growing industry, and stocks that swirl around it. from the great blue yonder to the outer banks netflix hoping its popular teen drama will bring in new subscribers when season two comes out next week, but that won't help last quarter 's earnings which are due out in one hour. will netflix miss, meet, or beat and should you buy or sell ahead of the closing bell? two streaming super stars are among the best in the business when it comes to netflix analysis, they're both here to game it ahead of the report but we've got to begin with breaking news the intraday chart of amazon pretty much says it all

shares of the e-commerce king did open lower but moved from red to green, for much of the day, and are very close to session highs right now thanks to the success of blue, blue origin. yes, amazon and blue origin founder jeff bezos landing safely aboard his space flight company's capsule under a bouquet of blossoming parachutes the richest man on earth now holds that title in space too. bezos and his three fellow passengers safely touched down in texas after being launched 6f space, after touchdown, he called it. >> it's the best day ever! liz: yes and by the way, it was just 11 minutes earlier when the magestic moment really began listen. >> 2, 1.

liz: the launch marks blue origin' entrance into the private space flight market claiming not only the first paying passenger, but a picture perfect use of a reuseable rocket. a few minutes before the crude capsule's landing the reuseable rocket booster returned following two sonic booms and as you watch this happen, you can see that it blackened the pad as it very gently landed vertically at just five miles an hour. this reuseable component is a pathfinder for blue origin's future possibilities. >> we're approaching $100 million in private sales already and the demand is very very high, so we're going to keep after that because we really do want to practice with this vehicle, so we're going to have to build more boosters and to fly more frequently. liz: all right, what are the

next business possibilities? let's bring in space documentary dave brody, who by the way you guys was the first journalist to cover blue origin nearly two decades ago. dave you followed this privatization of space journey for years and finally in a span of a few weeks two of the early dreamers, branson and bezos made their dream a reality in just spectacular fashion. what went through your mind during today's 11 minute success , from a business standpoint. >> yeah, liz. first of all are you ready to go to space and climb aboard? liz: um, no. not yet. >> you could be, all right, i hear you. you could be the next target market, but what's going through my head is it is the best of times, it is the worst of times on the one hand, we saw dramatic success today, and i'm as a space advocate really excited about and on the other hand the optics of the world's richest guy and a couple days ago, the richard branson, another rich white guy going into space has got to have some people a little bit put off so

i'm thinking about that. i'm also thinking that what we saw today, blue origin, i am not thinking about it as a space tourism company. i'm thinking about it as a space development company because i think the tourism business is capped at a certain level and not really what jeff has in mind , which makes it different from virgin galactic. liz: you know, dave, when he founded this 20 years ago he wasn't a billionaire. so if it weren't for private dreamers like the wright brothers, and of course today the bransons and the bezoss of the world, we really wouldn't have advancement in this area, but 20 years ago he was very secretive about this , was he not, when you covered him, i remember talking to you, god it feels like 15 years ago i think where you said you've got to watch out for this he's just purchased a big tract of land in western texas. why so secretive and how have you watched this develop? >> yeah, i remember the show in fact you and i were on with elon

musk and you asked a question about what's this other guy doing? and what he was doing was developing reuseable rockets which at at at that time, multiples had yet to say publicly that's what spacex was going to do too so yeah. he's had a dream and a plan that goes back years and years before he began amazon, when he was at princeton university, i believe he was involved with the student s and the exploration in the development to space and back then, a number of us were into this vision of gerard neil, the princeton university physicist who proposed the question, is a planetary surface really the best place for humanity ultimately, and people like jeff and i have to say myself too bought into the idea like maybe it's not and what he really has his eye on is the long possibility that humanity could open up first near earth space and then eventually more of space, for the benefit of planet earth and of all human kind. no one is saying that that's going to happen quickly.

at least bezos is not. liz: you know, continuing on the money theme, because there's so many stocks that swirl around this whether it's ufo, the exchange traded fund that has a lot of the space-related businesses within it, or of course, virgin galactic publicly traded. the economics of space have up until now been really untouchable unless governments were involved. nasa's own numbers show that when the final space shuttle took off, that was atlantis, i believe in 2011, what did we see we saw that it was 450 million for the actual shuttle launch, and then, the plane, the spacecraft that was hitching a ride on the actual rocket was about $1.7 billion. these guys, bezos, elon musk, they've done it at a much cheaper, let's say frugal level and these are reuseable, so are the possibilities endless? >> i don't know that they're completely endless because after all there is the speed of light but we have a lot of technology

to develop before we get anywhere near star trek and warp drive. you've got to credit musk for developing the falcon launch er, which goes all the way to orbit what we saw today was a sub-orbital rocket and really, the holy grail of this industry is an orbital rocket that can go to orbit that can come back and fly it three to five times a day , like an airplane. you can change out its pay load, and its passengers in under an hour, like an airplane. you can turn the entire vehicle around with a crew of 15 or 20 people like an airplane and most importantly, there's somewhere interesting to go. right now, point-to-point on earth is a possibility for some of these kinds of vehicles, but there's no there-there other than the international space station. that's when the industry takes off when we've got somewhere to go. liz: okay, and for that, we need to depend on bob bigelow, whose putting inflatable space habitat s up but that's for another conversation, dave great to see you one of the top

space journalists for decades great to see you. from blue origin to jeff bezos' original start up, amazon, andy jazzi, the new ceo rocket ing to the e-commerce giant c-suit less than a month ago but is he really steering the ship? charlie gasparino let's bring it in as we watch amazon moving higher by 1%. charlie: well that gentleman is one of the great space journalists i'm one of the great space-out journalists get it? liz: [laughter] no i didn't. yes, i did. charlie: i'm sure he is and i'm definitely not one of the great space journalists but i do know a few things about amazon and i've been talking to bankers and analysts and people who do business with amazon and i said listen bezos just went up into space and looks like he is tied up with this new venture, this new rocket venture. is he running the show? to the man, to the women, to the person, they've all said he is really the ceo, now, mr. jassy

is on the conference calls with analysts and running the day-to-day operations, but from what i understand, is mr. bezos is behind every major decision, he's behind the strategic direction of the company, and he's probably behind a lot more. i can't imagine that andy jassy does much without consulting with jeff bezos right now so i think that's good investors like the fact that there's two smart guys running the show and mr. bezos who created what is obviously one of the great american corporate success stories is still involved, but you know, there's no doubt that the change that jeff bezos is firmly in control from at least going to the bankers and people i talk to who are close to mr. bezos. one other interesting thing today, liz, as it applies to amazon and tech in general. as we were first to report, the

anti-trust chief of the department of justice was coming down, that biden was going to pick somebody, the two people in the running was carl racine, the d.c. attorney general whose a critic of amazon , the other one was a private attorney named jonathan canter, who brought a pretty big case against google. the job just went to canter. he's a fierce critic of google, really tough on anti-trust and i'll tell you, this is going to be a big problem for bezos and jassy going forward and google. you have lina khan at the f t c, mr. kanter at the doj, people populating the biden regulatory apparatus who don't come from the judge borque school of anti-trust which you have to show consumer harm. they are much more in the lewis brondice mode which is these companies are too big and powerful, they need to be broken

up. whether they can break them up i have no idea but this is going to be very interesting, how bezos and jassy go forward with this type of regulatory scrutiny they are already under scrutiny for the mgm purchase. they want to buy other stuff, we reported earlier they want to get into pharmaceuticals and maybe betting. this is going to be very interesting, big tech is going to come under big pressure in the years ahead as long as biden is president and the crew running the show from a regulatory standpoint stays there. liz back to you. liz: yeah, the republicans weren't too thrilled about big tech either let's keep that in mind. charlie: it's a huge difference, liz. they don't look to breakup. they did not look to breakup. this is pretty big. these are people that look at the world a lot differently than ajit pai and the people that trump appointed. liz: okay. all right charlie thank you. after yesterday's sell-off, look at the numbers right now, dow

jones industrials up 612 points, the markets are fighting back with a hard left hook in this final hour of trade but question, is this simply round one in a new pandemic-related investing fight? one of our floor show traders today is about to make the call on whether a neck-snapping bear market is on the horizon, or hiding in a cave for a long time. cryptos still licking hire wounds after yesterday's jabs, bitcoin dropping below 30,000, for the first time in four weeks standing right now at 29, 789 that's a loss of 3.25% or $1,000, ether and litecoin not doing so well either, ether is down 1% litecoin down 4.5% with the closing bell ringing in 47 minutes we've also got our pre- earnings panel on netflix, so stay with us, on the "claman countdown."

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rally mode right now, and it's a broad based one. all s&p 500 sectors are in the green look at the nasdaq, up nearly 2% here, a gain of 273 points, s&p better by 76, the dow jones industrials charging higher by 636. let's pull it apart here, financials are leading the charges as investors monitor bond yields which have truly been under pressure, falling to below 1.21%. checking the giants we've got jpmorgan, bank of america and morgan stanley all powering higher with morgan stanley up 4% , regional bank zions and regions financial, well just look at the strength that we're seeing there. you do have some green on the screen, with regions up 4%, zions up 5%, truest financial up 3.7% and the groups hardest hit yesterday, absolutely snapping back. specifically, we've got a look at energy stocks you saw oil falling yesterday, well we do have the energy stocks pretty much all up and down, in the

green, from halliburton, oxy, and marathon all strengthening along with the industrials which got pretty hard yesterday, so many of these happened to also perhaps be in the dow transports which got hit yesterday. today, honeywell, caterpillar, g e all jumping higher plus stocks due to concerns about that covid-19 fast-spreading delta variant, trading higher, remember airlines yesterday were all down 2% to 4% we do have them all higher now by 5% to 7%, and then cruise stocks which followed airlines south yesterday, you see it today. following the north with norwegian as the leader here up 9%, but beyond yesterday and today, because net-net we got one win and one loss, which has the upper hand? the reopening trade or the fear factor? let's bring in our floor show traders, joining us now is the $60 billion man, cap trust michael vogelgang and revere

securities scott fullman. michael, to you first. give me a sense of what you say to people when they say the bear market is just around the corner we have seen way too many records over the past three-to- four years. what is your perspective with all that money you have under management? >> a couple of things. one is we've never come out of a pandemic before, particularly not with the kind of fiscal and monetary support that we've seen for this market. there's so much money sloshing around in the system that to have a significant bear market here is almost impossible, frankly, in our view. we were kind of chuckling yesterday with all of the ring ing hands and the panic as the sky was falling, i mean, we just want to tell the market to take some type of anti aunt a dhd medicine to calm it down because you see what's happening again today not only

is the nasdaq up and some of the other stuff take a lack at small caps over 3%, that tells you the market is broad based. there's a ton of fear of missing out, there's a ton of people unvested, under vested, they need to get invested, this economy will continue to boom, corporate earnings are terrific, there's tons of money floating around it's hard to make a case legitimately for a real bear market of any significance. liz: okay, scott? you've heard michael and he's right. there is still so much money either under the mattress or on the sidelines, so to speak. please tell me what you would recommend at this point, that they do with it if they are watching right now, or at least some of it. >> well i'll tell you, we still believe that equities are the place to be. there's really no other asset class that offers liquidity or offers the opportunity to beat out the rate of inflation. right now, we're looking at our two favorite stocks right this moment, united parcel service, ups, and applied

materials, amat. we think that we're going to go higher, you could be in for a correction here but that correction is a buying opportunity for short, and it is just overdue, given the fact that we're setting new highs in the benchmarks but the rest of the market wasn't. as those new highs are being set last week. liz: michael, you know, give me your favorite names here. i know you've liked microsoft. that has hit multiple records, you know, a trillion dollar market cap. you've got to tell me, do you hold on to things like that? do you continue to believe that there is a long tail for this bear, to stay away and to stay in? >> yeah, i mean, look. the reason, i picked microsoft and jefferies and the reason is because we like both of them and they are very very different in our bar bell, right? so if you think about the market and its sensitivity to interest rates, the fang stacks, microsoft, google and facebook are sort of ports in the storm.

if interest rates continue to fall they are going to do just fine as investors rotate away if the economy does somehow slow down, you're going to get real strength there and if interest rates rise, the financials are incredibly sensitive to rising interest rates. the correlations of financials to rising interest rates has never been higher and so, you know, we don't try to tell you where interest rates are going. we think that's kind of a fool's bet but we can built our portfolios for it and we like to stay away from the great unwash ed middle as we like to call it and think about what's going to work in either case. liz: great unwash middle i like it, michael vogelzang, always a pleasure to have you and yes, the 10 year yield, 1.21%, crazy! continues to drop, great to see you both, thank you, both. the delta variant now the cause of more than 80% of new covid cases in the u.s. , we're about to take you to the city where businesses are not waiting around for that number to get worse.

lydia hu live in san francisco with ideas directly from small businesses on how they're handl ing this ever-changing pandemic landscape, and tomorrow , 2:00 p.m. eastern, making money with charles payne presents a special hour, proud american, from the military to the marketplace. charles is going to be taking questions from veterans for looking for jobs and overcoming the challenges of re entering the workforce. is there a veteran with a question, e-mail us at invested inyou@fox.com. charles may just pick and wednesday your question live on the air. a special hour, don't miss it tomorrow, closing bell ringing in 36 minutes, the dow heading backup to session highs, we're gaining 643 points, right now stands at 34, 604. "claman countdown" coming right back. “cracked windshield” take 1. ♪ you say ♪ ♪ i got a crack in my windshield... ♪ uh - uh, lisa, maybe less heartbroken?

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alert, peloton spinning its way to the top of the nasdaq for a second straight day that leads our pop stocks yesterday it was news it'll add interactive video games to its on demand fitness choices and today, the connected bike titan flexing its muscle on a new partnership with united healthcare which is moving higher by 1%. the health insurer, get this , will now fold peloton memberships into benefits options for more than 4 million of its fully-insured subscribers members will be able to decide between a full 12-month digital subscription or a four-month waiver for peloton's all access option both at no additional cost to their insurance fees. nice, all right let's take it to the fall, stifel ungrading simon property group to a buy calling mall reit nearly 15% pullback since june 8, of an attractive entry point. well, you know, hopefully you thought about it yesterday because the entry point just got 8% or 7% more expensive.

that's how much simon property group is jumping at the moment it stands at $125.19 a share. uber and lyft supplier alfie is getting the meme stock round-trip treatment at this hour, shares surged nearly 15% this morning before pulling a full 180 this afternoon. shares now down, well, not a full 180 but down about 7% at the moment. on the flip side look at amc entertainment, jumping 21% and literally climbing every minute, because i just looked at it a few minutes ago it was up 18%, amc looking to regain its reddit room glory the theatre chain jumping after announcing it's reopening the grove and american a and this will happen in august. the popular box office outposts were formerly operated by pacific theaters the new leasing agreement puts amc on track for just its third win of what's been a very rough month for the

reddit crowd, and first draft kings, now fan dual, engine media pulling the pin on its second legal grenade in just two weeks. the win view parent now suing fan dual for alleged patent infringements just 13 days after taking aim at draft kings for similar issues, fan dual parent flutter and draft kings, yes, they are higher but engine media ticker symbol game is out pacing them moving higher by 5.7 % right now. just two days after la county re instituted its mask mandate breaking news this afternoon that the more contagious delta variant of covid now makes up 83 % of new cases in the u.s. , the center for disease control saying that's a gain of 50% since july 3. the resurgence has created a tight rope for businesses still reeling from earlier pandemic losses. crunch fitness franchise ceo ben mitchley telling countdown yesterday his chain is hyper- aware and prepared. >> down in la, they've been

through this before, so we're communicating with our franchisees and our own properties in the area. we're ready for it. i think the members are ready for it. we got through it pretty well last time. we'll take whatever happens next , and we'll handle it as we did before. liz: to lydia hu live in san francisco, where business owners are sharing how they're preparing just in case. lidia what's happening what are they doing? reporter: yeah, liz, the business owners we've been speaking with say this is really a concern for them, some of them are preparing for the worst case scenario which is that this could potentially lead to more lockdowns they say we're not close to that yet. bay area officials just late last week issued updated guidance suggesting that even vaccinated people wear masks inside in this area. we are in the financial district of san francisco where it's lunch time here but not all of the restaurants are even open yet because they don't have enough workers to cater to. you can see life & little here

the owner told us they've been closed the past 16 months. he hasn't even been to the restaurant until today and he says this updated mask guidance he's worried will prolong the return to the office and he might have to stay closed for even longer. we are in san jose yesterday which is about an hours drive away. we saw more closed businesses there in that business district, and, you know, restaurant and bar owners tell us that yeah, they are concerned that this could lead to even more strict restrictions. watch this. >> as soon as i heard that mask mandates were coming back, immediately, i was concerned that that would delay our ability to reopen our restaurant s, because people and business leaders would use it as a reason to be concerned. it's a signal. >> facing the idea of another six to eight months without any real revenue coming in is a very scary thing. reporter: now, apple reportedly announced yesterday that they are delaying their return to the office. you know it was targeted for

september, they are pushing it back to october, according to reports, and the business owners right here in the financial district, the owner said he was also targeting a reopening of his restaurant to align with september when he was expecting workers to return to the office, but now, he's expecting that to be months further away. liz? liz: work-from-home through 202r today. maybe that's just because we're seeing such a powerful rally, but lidia, interesting thoughts and some of the best ideas due come from small businesses. lydia hu in san francisco, and you've heard from ben michley, the crunch fitness franchise ceo a few moments ago and he was on yesterday. what you didn't hear was how he became founder and ceo of crunch talk about an amazing story. he never finished college, ended up trading out work at a gym for a free membership. what kind of work? try cleaning and repairing gym equipment. flash forward 15 years and he

the ceo of crunch fitness franchise. you've got to hear his story in my latest everyone talks to liz podcast epidemic that just dropped today available on spotify, apple, google wherever you get your podcasts. okay folks apple tv, not apple, apple tv right? the streaming part of this , apple tv plus going full hollywood, the wall street journal reports the streamer behind the morning show looking to lease a large production campus in los angeles to support its growing entertainment portfolio, but will it be enough to win the streaming crowd? apple moving higher by 3%, but with just minutes to go until netflix's second quarter earnings report, our power panel tells you who the real king of content is in the streaming wars , and which names you should buy or sell before the closing bell. michael pachter of wedbush and greg portel is with us next, stay tuned.

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liz: streaming king pin netflix set to release second quarter earnings after the bell, hey that's 21 minutes away ahead of the big moment the stock, which is by the way flat year-to-date, is moving higher just by a third of a percent so investors are waiting at the moment to see what happens. wall street here is what it's expecting profits of $3-point sam nunberg a sharon 7.32 billion in revenue, but are those metrics kind of secondary to one that is perhaps way more important? subscriber growth. to the long time netflix bear michael pachter of wedbush keeping his clues out despite admitting he's been wrong about netflix's growth in the past joined by greg portell, head of global consumer industry and retail practice who has his bull horns poised for more netflix growth. michael i'll start with you. i'm sure netflix is

disappointing sub numbers in the first quarter and then weak guidance on new subs for second quarter only reinforced your negative outlook but what's the possibility that netflix beats that number, which was a low 1 million for this time around. >> oh, i'd say, you know, over 90% probability they beat. i mean, the domestic number or u.s. and canada number is very likely to be pretty close to flat, possibly up 100-200,000. the international number is completely controllable, and if they just spend marketing dollars, they will sign up, you know, low quality, low arpu members any place they care to so i would expect they beat that by a couple million. the bulls will jump all over that saying growth is back. i think the bigger story is that they are saturated in their profitable market which is u.s. , and they are having real trouble now accessing content and getting content pulled back by the other streamers, so

disney, hbo, peacock are all pulling back their own stuff and that means that the quality of netflix content is going to deteriorate unless they come up with new original ideas and we'll see. liz: greg what about that savannah point here in the u.s.? netflix has about 60 million here in the u.s. , there are 115 million left that or 115 million of which 25 million have no internet access, and those are numbers michael would give you, i'm sure. makes you wonder, the ripley is not that much further or longer but 35 million so maybe people are now making a decision and there's subscriber fatigue. how do you counter that with what you believe will be strong growth and what's your prediction for subs this time around? >> well anytime we're working with a company that is making this transition from fast growth to profitable growth, you're going to see this trade-off of how much you want to continue to churn and saturate the market versus start to increase the

profit margin from the subscribers you have, so what we're looking for in this kind of situation is what's the trade-off between high numbers of subscriber growth versus increase in the profit margin you're able to take and thus far the trends in the netflix story have been that they're able to start taking profit which is a good use of their scale at this point. liz: michael, what about the competitive landscape that you even referenced, you've got disney, amazon, which just bought the mgm catalog, obviously a ton of movies, there of course is paramount, discovery, warner. if people have to choose, wouldn't they choose netflix and why do you continue to be a bear over that? >> i mean, first of all, greg's right that i think they are in transition to try to be much more profitable, so i think that what he said is spot on. as far as access to content and why netflix remains number one, they will always be number one. they've saturated above median income households, all of them

in the west, probably likely in europe as well. now they are competing for lower income households, and the trick is that the other services are new to everybody, so upper income households are signing up for disney but they are already netflix subscribers. lower income households are going to have to choose because they can't afford five or 10 services like i have, and they are probably going to end up picking one if they have small kids they pick disney, and i think each of these guys has to actually brand itself, so i think we have to see if peacock can actually successfully brand that they have the olympics for example, like people just don't know that, so i think it's just going to be a battle for the second and third subscription and i think netflix is saturated top subscription but the key is content is flowing elsewhere. go ahead. liz: greg, if you got investors watching do you tell them to buy or sell before this closing bell, which is coming up. >> well it comes down to how well do you think the management

team is positioned to compete for that share of wallet? as michael was saying, it's very important to realize that they are no longer adding incremental ly fresh households. they actually have to win the share of wallet battle for those most valuable subscribers, so if you believe that the management team has that capability to win on-brand and compete more like a cpg company then the outlook is very positive. liz: okay, and michael, by or sell before this bell? >> they will beat the subscriber numbers so if you think the stock trades on that it's going up. liz: and yet you're still a bear great to have you both, again, the numbers come out after the bell which is 15 minutes away, ahead of it netflix up just a quarter of a percent, michael pachter, greg portel, great to have you both "clayman countdown" is coming right back. liberty mutual customizes car insurance so you only pay for what you need. how much money can liberty mutual save you?

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liz: breaking news, we need to take you to the white house where president joe biden is now beginning his meeting at the white house with his cabinet at the this moment to marxism months of his presidency, we're getting these pictures from inside the room just moment s ago. the president saying a couple things there, he specifically talked to his inner circle about fighting the pandemic, urging vaccinations saying once again that most of the new cases of this delta variant are with un vaccinated people. they are hurting unvaccinated people, talked about the economy , also talked about the american rescue plan, saying we've got to go forward with infrastructure, and he complemented his administration for the creation of 3 million jobs in just the first six months, more, he said, than any other presidency. the meeting comes as the bipartisan infrastructure bill is making its way through the senate, to edward lawrence whose live from the white house.

edward? reporter: liz, and literally minutes ago the president saying that the american people support rebuilding roads, and bridges, and hard infrastructure. this is the first time the president is using that cabinet room for his cabinet meeting. it's also the full second cabinet meeting he has during his presidency at the white house. now the bipartisan elephant in the room is that infrastructure deal, and that's something they are both going to have to talk about all sides of this. now he will be hearing from the treasury secretary janet yellen about inflation and how inflation may seep into those talks for that deal, other economists though believe that the inflation once it's out of the bottle will be hard to get back in the bottle. the white house though sticking with the point that they believe that inflation will settle back down when the supply chain issues work themselves out. now, inflation intersects with the new bipartisan infrastructure bill because republicans are weary about spending too much money, and they want a way to pay for it and that's where the bill is stuck right now, how to get that final piece on how to pay for it

, and the progressives are now saying that let's just move on and get to the real spending to $3.5 trillion spending package, reconciliation bill, that progressive democrats would like to see. they will say let's just move on the white house though, address ing that somewhat today listen to this. >> we're going to have to continue to communicate about every single piece of the president's legislation and every single piece of his priority packages and we don't know that we have the votes until we have the votes. reporter: right now, they don't have the votes for that second part of it, the bipartisan deal is one they are going to try and work forward, first that's what senator chuck schumer wants to bring up and start that vote tomorrow, however senate minority leader mitch mcconnell is saying if they don't have the exact language for what's in that bill, then they can't vote, the gop won't support that bill going forward. so liz, a stalemate, the president trying to break that stalemate and the cabinet meeting trying to help them do all of that while inflation is that big elephant as a sticking point in almost all of it.

back to you. liz: yeah the big one trust us we're hearing from so many business leaders, ceo's saying my costs are going up edward thank you very much, edward lawrence. we've got two bruised stocks, now apparently, according to our countdown closer, right for the picking. both are on branches of the ever -growing digital tree, but not names you normally hear. today's countdown closer gives me those picks right off the tree, next, closing countdown let's see is seven minutes away. will we not only race but totally best the losses from yesterday wait until you see russel and nasdaq they may just do it. usaa is made for the safe pilots. for mac. who can come to a stop with barely a bobble. lucia. who announces her intentions even if no one's there. and sgt moore.

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♪. liz: well, color us green. the nasdaq, s&p, russell, and the dow transports have all entirely erased yesterday's

losses and then some. only the dow which got clipped by25 point by monday entirely not blanked those losses -- 725. s&p actually, s&p is even now. it lost 68 yesterday. it is up 68 right now. nasdaq lost 151. it is up 240. russell yesterday lost 32. it is up 64. tranies up 283. yesterday lost 227. nice move. yesterday's dip helping to create some new buying opportunities in the market. joining us george young, portfolio manager of theville lori balanced fund. you have two names. they're in the digital space but not entirely the best known or hottest space. >> that is what we like. names people don't know that will be a big winners going forward. p.j. a, that is the digital exchange business.

post-covid we don't use cash. stay away from cash. that is good opportunity for paya. they have 17,000 merchants they work with. they're well-known in the space they want to be in. it's a huge addressable market. so a lot of opportunity. the other one you want to pay attention to is ehealth. as an aging senior, there are 11,000 americans turning 65. talk about a huge market. figure out how to penetrate that. they have got seniors who depend on advertising coming from every different direction. complicated business but everybody needs medicare supplements. that is the thing for ehealth. liz: the key for the markets broader picture, yesterday awful. today really strong. we're almost in kind of a churning atmosphere at the moment, depending on the headlines. the powerful rally had more

muscle today than yesterday. one thing remains that is a very, very low 10-year yield. i believe 1.21%. you've got to tell me what should investor read into that? >> that's right. >> well the first thing investors should do is look into the future. day-to-day trading is very hard to do. for those in taxable accounts it is very expensive from a taxable standpoint. you need to look out two or three years. that is difficult. we have a lot of impatient investors. this is not gaming. this is not gambling. making bets on your retirement. bets on your children's education. these are long-term investments. you need to plan. there is great opportunity in the small cap world. these are neglected stocks people are not familiar with. they will show their colors soon enough. question of being patient. that is hard to do. liz, thank you for letting me come on today yesterday. the tone is a lot better today than yesterday. thanks for that. appreciate it. liz: george, thank you so much.

george young of villere. anytime. as we look at green on the screen. we have erased the dow, s&p, nasdaq, russell losses from yesterday. the dow with a bit more to go. [closing bell rings] a strong rally nonetheless. one thing for sure. we have more action tomorrow. join us for "the claman countdown." "kudlow" is next. ♪. larry: hello, everyone and welcome to "kudlow." i'm larry kudlow. now with all respect to president biden and again as always i repeat my criticisms are never personal, always based on policy. now his statement yesterday that if we increase affordable child care, elder care, paid leave, college entitlements and subsidies he is proposing in his 4 trillion-dollar spending plan, that, and i quote, they will