like i'm going to flip this call option in two hours and let me see how much i can make. charles: yeah. yeah, i'm glad you put it that way. a lot of times the media mischaracterizes completely. there's a whole lot of people with varied interest, but i just hope to -- your reporting has been excellent. really appreciate it. the market's heading in pretty good. i'm going to hand you over to connell mcshane in for liz claman. connell, it's on you. connell: good to see you, my friend. have is fun at the movies tonight. so much for august being the worst month for stocks, looks like we might close out the first week at all-time highs. the dow is on pace, matter of fact, for its 30th record of the year. it's two in a row if we get there for the s&p 500. the nasdaq is the laggard, down by 73 points after the monthly jobs report this morning was a strong one. we'll talk all about that. could there be a bump in the road though as we go towards recovery here and towards full

employment? we're going to talk to the zip recruiter ceo hour about the impact the delta variant could have on jobs and the post-pandemic economic rebound. plus, there's one medical equipment maker at the center of the pandemic that could be gearing up now for the next wave. he'll be here telling us what he's been seeing. hospitalizations in parts of the country have been increasing and the use of his life-saving ventilate ors are starting to grow again. and this has been called the airbnb of pools. a company making quite the splash. of course, we're headed poolside later this hour. all right. and we look at the markets today, the dow and the s&p 500 both touched records, the dow up 110, 111 is right now, if it closes at 80 points higher or more, a record high for today. the nasdaq following a strong july jobs report pulling back a little bit. the non-farm payrolls this morning we found out increased

by 943,000. the unemployment rate dropped, went to 5.4%. and then we had may and june revised higher, a total gain there of 119,000 jobs. so it was a good report. as you know, some governors have been is pulling back on the enhanced unemployment benefits this summer, so did that provide an incentive for people to go back to work? the biden administration not buying that particular argument. >> there's no indication at all that the $300, ending the $300 benefit has added to the jobs report, addedded to people entering into the economy. we've seen 800,000, average of 800,000 people come into the work force, and we had the $300 benefit in those spaces. connell: all right, scott shellady's with us as is greg swenson. greg, why don't you start us off just on that particular question, because i've been traveling all around the country and hearing from small business ownerses that the enhanced

benefits were an obstruction. the administration says, no, no, it's something else. what do you think's driving the action in the job market, from your point of view? >> well, absolutely, the enhanced benefits are a huge part of it, and i think the secretary of labor is being dishonest. president biden's been dishonest about this for quite some time. 49% of employers could not fill jobs in july. that's up three points from june. you know, granted, you know, 25 of the states, half of the states -- red states, notably -- have stopped the enhanced benefits. that's helped. that's why 900,000 or 940,000 jobs were filled in july. but there's no doubt about it. and, you know, i wish they could point to some other metrics that are preventing people from becoming employed when there's 9 million jobs available in the u.s. so i think it's dishonest to suggest that, and you'll see as 25 states, you know, stopped with the benefits in july, we

see a bump in employment. you'll see more of that in september when the 25 blue states have to stop paying enhanced benefits. connell: that's when they're supposed to go away altogetherring, to your point. whatever the driver, scott, that's almost a million jobs in a month. and, you know, the dow is on its way to another record, it looks like, today. interesting that some of the tech stocks are pulling back a little bit. what do you think of the dynamics we're seeing in the market and the way people are reacting to it today? >> well, first of all, the jobs -- i wouldn't call it job creation, i'd call it job reinstatement. we didn't really create anything except give people their jobs back that they already had, that's number one. number two, i think the market's going to be tentative because we're at these all-time record highs, we're pricing everything going along smoothly, and i would say it's gone everything but that. we've got every greek letter in the alphabet when it comes to the variant, that's going to be an issue. supply chains being upset and other countries still dealing with covid.

whenever we thought we were going to shut the gym lights off on friday and easily turn them back on on saturday morning, that hasn't come as everybody thought it would. number two, slowly but surely, when we get back to a normal gdp when we're comparing quarter on quarter and go back to our regular growth rate of 2-2.5%, we add a bunch of tax hikes, i've got to think i don't know about taking money off the top, i'm probably reticent to put money in, and i've got to be having that in my mind, what's the world look like in eight months' time? i think that's really important. connell: right. to counter what scott's saying, greg, essentially this delta variant despite the covid cases will, i guess in some ways -- and maybe we're already seeing this in the numbers -- kind of scare people that haven't been vaccinated into getting the vaccine, and our numbers on the vaccine side will improve. so when we get the next month and we're supposed to be getting

back to work september, october, we'll be at a better place because people see what happens if you're not vaccinated kind of helps the market. i think some investors are looking at it and assuming that will happen. they may not be right. what do you think? >> yeah, a lot of it's priced in. look, there could be a short-term bump here. more people getting vaccinated is probably better for employment, better for the markets. that's a short-term phenomenon. scott brings up a great point, it's 6 months, 12 months, 18 months out that i'm worried about when some of the biden policies start to kick in they get this so-called infrastructure bill passed. you've got a tax burden, you've got a regulatory burden that he's already put in place. you know, these are real economic headwinds. so i don't know that markets really considering those. as a short-term trade, absolutely, things are good. i think they're going to stay pretty good for the next few quarters, but it's more like 2022 that i'm worried9 about when the biden destructive economic policies kick in. connell: it's good or they are

good until they're not. scott, a quick word to finish us up on how the federal reserve handles all this. when you get into the inflation worries and all the rest, will be, i guess, the ultimate test. >> well, i mean, the chatter after today's number is it's going to make it easier to kind of start to taper. remember, housing's up 23% year-over-year, and we're still buying $40 billion of mortgage-backed securities every month. however, i still think the fed is deadly afraid of what the covid may do or what the next variant may be in the greek alphabet, and i think they go slower than the market things even after this number. connell: already on to delta plus and then move on from there or we don't. scott, greg, have a great weekend. while the jobs numbers were impressive in many ways, there are some business owners raising some of the concerns that scott and greg were talking about. when you talk about the spike in covid cases driven by the delta varian captain -- variant, you look at what companies are doing

ahead of that, blackrock, amazon, wells fargo among the latest to push back their return to office date to october from september. now, let's focus on the job site that's targeted towards small and medium-sized businesses, zip recruiter. it's seen major growth not only in its stock price, up 29, almost 30% since the public debut in may, but also the number of jobs posted in july. so will the spike in cases deter future applicants from entering the work force? we're joined by cofounder and ceo, okay spiegel. -- ian spiegel. let me just go straight to this back to work debate may not be the right term, but the circumstance that we're in for some of these companies that had been saying, all right, labor day comes, we're heading back. now we're starting to see a lot of companies second guess that, right? you think we'll see even more of that in the coming weeks? >> 100%. without a doubt, there's going to be a pushback on the return to to work. that doesn't mean that that this

robust economic recovery that we're currently experiencing will be stymied, but it does mean that it's going to take longer for jobs that need to be done fully in person to reach the full recovery level. connell: because some of those jobs, and you look inside the jobs report today, that have to be done in person, i'm thinking leisure and hospitality, they are coming back. we did see big gains in people hiring at hotels and hiring at bars and restaurants and that kind of thing. do you think that maybe does pause a little bit? it took so long to come back, now they finally start to catch up, now we see a pause there? >> leisure and hospitality represents 11% of the total jobs in the economy, and during the pandemic we lost 37% of those jobs, so it was the hardest hit of all categories during the pandemic. it is a large category. it's like a boat turning, and what you're seeing right now is a hiring backup. it will be very difficult to slow down that hiring backup because right now consumers are

traveling, restaurants are seeing significant increases in activity, and the truth is employers can't hire fast enough. what you're seeing right now is a reluctance from job seekers to reenter work in those types of establishments. connell: right. finally today we saw a little bit ofen crease when we saw the numbers today in work force participation which, you know, had been certainly lagging. maybe we could circle back to the conversation i was having with our first two guests. we've had these enhanced unemployment benefits during the pandemic, and then they a start to go away piece by piece, mostly with red state governors, and then to the point that was made earlier, everybody gets rid of them in september. what's the impact of that been so far? have you been able to read anything into what we saw in the jobs numbers and how it might relate to that? >> you know, it's something we watch really closely, and surprisingly, it had only modest impact. and i think what we're really experiencing here right now is one of a society-wide recalibration of what people

want and expect from work. to looked at survey after survey after survey, over half of the work force wants either a hybrid office environment or full-time remote. so this is a sea change from what we saw pre-pandemic, and i think we're just experiencing sort of a revolution in what people are looking for from their careers. connell: to emphasize that a little bit more, each, you hate -- ian, you said half the work force wants hybrid or fully remote. i don't know the answer to this, i assume the number was very low before that, how many people would have said that? >> i mean, less than 2% of all jobs are done either hybrid or remote. currently today over 10% of jobs that are just posted live on internet listing services are for hybrid or fully remote, and that number is increasingly rapidly. you are seeing employers get to the idea that this is what the work force is demanding, and this is definitely going to play

a major role in the future of work. connell: ian, thank you. good perspective on all of this because your site certainly has the perspective to provide. ian spiegel from ziprecruiter, thank you, sir. you know, we've talked about vaccine hesitancy and the numbers that we're seeing there. that looks like what's weighing on expedia on the heels of a big miss of second quarter profit estimates. the travel booking giant, the road to full recovery will be a bumpy one. that's the bottom performer today on the s&p 500. expedia. down 7%. but it's spirit airlines that's deflating the spirit of travelers. sixth day in a row we've seen this, and up next a live report. just how many flights have been canceled again today and when might this travel nightmare finally come to an end? let's check in on the big hour, final hour of trading. we're up 117 on the dow, and we need 80 to be at a record. we're in record territory at the moment. "the claman countdown" coming

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customers in low spirits after canceling nearly 1700 flights since sunday citing all kinds of issues amid the surge in airline travel. they've talked about worker shortages, they've talked about technology issues they've had, bad weather, you name it, and spirit has talked about it over the last week or so. how long will all of this last? jonathan serrie live in atlanta with the very latest. >> reporter: hi there, connell. we just got an update from spirit. the airline says that it expects to resolve the situation by the middle of next week but that each day before that things will progressively get better. the situation today is that they have canceled 42% of their scheduled flights so far, that according to flight aware, the tracking web site. and in the meantime, passengers are trying to adapt. >> worried, i've been up all night checking flight status and all that. >> reporter: this is the sixth consecutive day of cancellations which the discount can carrier blames on a combination of

weather, system outages and staffing shortages. spirit ceo ted christy says his small airline is not built for this type of disruption, but that the company can learn from this exexperience and earn back passenger trust. >> and that starts with building the airline back, making it as reliable as we want it to be. but it's going to take us some time to build back that confidence and earn their trust again. we're up for the challenge. >> reporter: american airlines tells fox news it is now operating normally systemwide. earlier this week severe weather at the texas-based carrier's dallas/fort worth hub resulted in flight delays, cancellations and almost 100 diversions. this comes as u.s. airlines are scrambling to meet increased consumer demand for travel. com, as a barometer -- connell, we looked to the tsa statistics, yesterday they handled more than 2 million passengers in a single day and, in fact, they have done this 5 days out of the past 7.

according to the tsa, they're at about 80% the passenger volume we had this time of year back in 2019, prior to the pandemic. connell? connell: that's the real point, it's really picking up. they made a big deal when they passed a million not that long log, and then something like this happens. jonathan, thank you. jonathan serrie live in atlanta. all right, i want you to think about this for a second. would you rent out the pool that you have in your backyard, if you have a backyard pool -- see you later, jonathan. would you rent it out if you need a little extra cash? you know grady trimble, he came over and said i want to rent your pool, would you rent it to him? oh, man, what a disaster. i hope that's live because i want to see how he's going to perform this report when we come back. a company -- soaking wet grady trimble still to come! crypto, as we come to the break here -- [laughter] that was great. it's up 5%. grady's down about 10%.

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♪ connell: all right. fox business alert here -- [laughter] that's a nice graphic. virgin galactic going full throttle as sir richard branson's space tourism company has been surging today. reopening sales for space rides with reservations starting at $450,000. well, it's better than bezos, right? a big beat on revenue for the second quarter also helping to boost those shares currently up about 6.5%. carvana hitting the gassed today, the online auto sale up as much as 10% earlier in the day after posting its first profit, surprising profit. the pandemic-related demand for cars has been showing no sign of slowing down, the stock is up by 2.5%. no green lights, though, for

zyngaed today. losing the game with investors after warning of a slowdown in gaming. right now zynga's down almost 18%. and another one that's having a tough day is fireeye getting burned birdies appointing results -- by disappointing results. 14-cent loss in the second quarter, missing estimates. the estimate was for a 9-cent profit. the stock getting hammered down $3, so that's about 16.5%. all right, we've been waiting for this, let's get back to grady. if you need to cool off in august, no problem. there are private pool-sharing apps, and one in particular that is really taking off. it's a saw start-up called swimply, and it allows swimmers to rent out private pools by the hour, and the host makes a profit in doing so. you know, you have more and more americans looking to spend time with family and friends outdoors, maybe a little privacy

as well. you have a lot of these hosts cashing in big this summer. i think they're making, like, ten grand a month on average. let's bring back grady trimble who was, unfortunately, splashed right before our last commercial break but looks to have recovered, joins us poolside with the story. hello, grady. >> reporter: with the culprits, too, who splashed me, these guys. and it's a pretty simple process. if you have a pool and want to be a host, post pictures of your pool on the app, and you can set your hourly rate. this one will lost you anywhere between $100-150 per hour. the average, though, around $45 per hour for people who want to throw a party, have an event. we talked to the coo who tells us they now have 17,000 pools in all 50 states on app, but it certainly didn't start out that way. listen. >> by using google earth, we looked for big blue spots from the sky. we knocked on 77 doors, got --

we knocked on 80 doors, got kicked out of 76 of them. >> reporter: one of those hosts is with me, lawrence spain, the other than of this pool, and he's responsible for the kids who splashed me before the commercial break. >> i am. >> reporter: how's it been so far in your short time on swimply? >> it's been great, a passion project of mine, share it with people, make a little bit of money and meet cool people. it's been awesome. >> reporter: and you just built this whole pool right as the pandemic was really starting last year, so what's it like in terms of being able to offset the costs of that, the rising cost of chlorine? >> yeah, i mean, electricity has jumped up quite a bit, same thing with chemical costs, so it definitely helps in kind of maintaining and affording it every month. >> reporter: and, connell, you touched on this, but the average user, they tell us, makes anywhere from $5,000-10,000 every single month. lawrence has made thousands, and he's only been on it for a few

weeks. i've got to run though because our cannonball competition's about to start. i'm going the take my earpiece off so i don't get electrocuted. connell: oh, very good. he doesn't hear us now. he's going to jump in the pool. grady -- oh, look at that. look at that. that's funny. grady was just told this was going to be his final report. i just got a call from neil cavuto, he'd like you at the top of the show on fox news channel next hour. shouldn't be a problem. there he goes. grady. he does a little bit of everything, this guy. oh, the slam dunk! the perfect 10, give him a 10. grady trimble. that is athletic. varney's going to do the same thing tomorrow morning, funny enough. thank you, my friend. grady trimble out in illinois, i think, jumping into a pool. all right, novavax getting slammed until it is delaying approval until the fourth quarter. its original target had been for

the third quarter. down 20%. this as the urgency for vaccines has been growing with the delta variant's rapid spread. we'll talk about that. hospitalization rates are climbing across many parts of the country. the ceo of -- will be here on the fight being waged against the pandemic's, i guess, fourth wave at this point. about half an hour to go in the trading day, the dow's up 139. the s&p 500 also looks like it may close at yet another record high, but the nasdaq's pulling back down about one-half of 1%. we'll be right back. ♪ reward, i see one element securing portfolios, time after time. gold. your strategic advantage. all the time in the world. it's just a saying. but today, for women living with hr+,

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♪♪ connell: all right. united airlines, the first u.s. carrier to require all of its 67,000 domestic employees to be fully vaccinated against covid-19. united now joining a growing number of major companies announcing plans to require proof of vaccination.

it comes as the defense secretary, lloyd austin, is set to announce all 1.3 million active duty u.s. forces are required to get the vaccine as the u.s. attempts to at least try and get ahead of these rising covid cases. what does it all mean for the breathing tech company resmed? this is a company that pivoted to increased manufacturing of ventilators during the pandemic. the company out with fiscal fourth quarter earning, and the ceo, mick farrell, joins us now. the ventilator business, you pithed to that in the -- pithed to that in the pandemic -- pivoted. i want to talk about your overall business, sleep apnea and the like, earnings up 8% year-over-year. let me ask you about covid at the beginning. it looks like we're going too a situation where i guess maybe more of these vaccine mandates are what people or companies or even governments decide are necessary. is there anything that you can tell us maybe that comes through

your business about what's been happening here in the last few weeks around the country? >> yeah, connell. well, firstly, thank you for having me back here on "the claman countdown." there's a lot of dynamics going on with this delta variant around 140 countries that we operate in. we saw a year ago unprecedented demand for ventilators. we saw $12 -- we sold $125 million worth of ventilators just in the june quarter of 2020, and here we are just finishing the june quarter of 2021, we reported out our earnings yesterday to the street, and we had only $20 million worth of ventilator sales. so that sort of gives you the idea that the number of hospitalizations and ventilation needs are dramatically declining. and a lot of that 20 million was sales to india. we had -- when the delta variant

went pretty uncontrolled through india. we're seeing a true reduction of the dynamic of the hospitalizations and ventilation needs, and even though hospitalizations are picking up on a relative basis, people aren't ending up needing life support intervention at the same rates as they were in 2020. we're ready to pivot back, and we have the resources to pivot back for the countries and the states and the cities as they go in and out of these crises, but the nag my tuesday of -- magnitude of hospitalizations and ventilator needs is tenfold less than in 2020. connell: tenfold less. obviously, that's good news and speaks to a lot of different things including the improved way in which we treat patients that a come into the hospital, to your point. if that's not necessarily driving your business, what is? what led to the earnings growth that you did come forward with last quarter? >> well, connell, it's a great question, and our core business

with, as you said earlier, is treating people with sleep suffocation or sleep ap any -- apnea, asthma as well as software as a service for outside hospital care, home medical equipment, skilled nursing facilities, hospice and beyond. what we've done these past 12 months, 18 months as we've gone through covid is really have worked with our customers to adopt digital health solutions, remote diagnosis, screening and doctor visit ises and set-ups of patients. remote patient management. we now have over 9 billion lines of medical data in the cloud, 100% cloud-connected medical devices on people's bedside tables helping them engage with their therapy. what does all that mean? it means patients use their devices more. it means. >>s are engaging with their patients -- doctors are engaging with their patients like never

before and health care systems can do population are health management over a large groups of people. and for the business that meant that this year we grew to $3.2 billion. that's up 6% despite the covid headwinds. and we had great operating leverage. we had 12% growth of our net operating profit. but on a humanitarian level, the really important thing is we helped 126 million people in the last four months sleep better, breathe better and live a better life outside the hospital. connell: right. and doing it in their own homes in most cases which we all found out has been so important, whatever element you may have. i did see as well phillips has sleep apnea machines, they were forced to recall their machines. what was the impact on your business from that? >> yes, connell, you're right, our competitor, you know, in the 140 countries we operate in, we're usually the number one provider and often the number two provider is the company you mentioned.

they recalled 3-4 million cpap and ventilator devices june 14th, so just 16 days before the end of the quarter. we did get some incremental revenue in the quarter. i think our cfo qualified it around $60 million of revenue during that june quarter from the upside from that recall. but, look, on a humanitarian basis, this is really sad. we have 3-4 million people who are needing to replace their sleep suffocation prevention device or their ventilator that gives them breath. look, what we've done these last seven and a half weeks since that announcement is we've pivoted again, hike we did -- like we did last year, but this time in our core business of sleep apnea and copd. so we're working with our supply chain which is incredibly tight now because of all the covid restrictions on manufacturing plants and on distribution on

planes and ships and the lack of availability of transportation. so i'm spending a lot of my time instead of, as normal, with customers and governments taking care of our customers, but with our suppliers asking them for the parts and pieces and capability to keep up with what is unprecedented, almost infinite demand for resmed products that we've seen and will see for the next 3, 6, 9, even 12 months. connell: right. it's more than, obviously, the business and earnings reports, but this is helping to save people's lives. not only yours, but the companies that have been able to pivot, have been successful ones, and it goes beyond just dollars and cents. congratulations, mick. mick farrell there from resmed. all right, robinhood, that's been a big story as well this week, finding its target looking increasingly more like a meme stock of its own. charlie gasparino's all over it. he has more on the favorite trading platform of those reddit are rebels. charlie breaks it in a moment.

on the big board today, are we headed for another record? certainly looks like it for the dow, up 140 points. we'll be right back. ♪ ♪ limu emu... and doug. so then i said to him, you oughta customize your car insurance with liberty mutual, so you only pay for what you need. oh um, doug can we talk about something other than work, it's the weekend. yeah, yeah. [ squawk ] hot dog or... chicken? [ squawk ] only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪ to run a growing business, is to be on a journey. and along the ride, you'll have many questions. challenges. and a few surprises.

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♪♪ connell: all right. draftkings going for a big win intraday despite reporting a wider than expected quarter hi loss. the sports-betting giant seeing its stock move higher, up almost 3%. raised its full-year revenue outlook courtesy of an increase in a unique monthly subscribers helped to fuel a 300% jump in revenue in the second quarter. $1.46 higher for draftkings in today's trading. well, this ark may have sprung a leak, short interest in the famed investor cathie wood's

ark innovation etf. 12%. the fund tends to go long on momentum stocks and recently added robinhood which is coming off what has been an interesting week. charlie gasparino joins us, he's been looking at robinhood. what's the latest? >> it's only fitting that, i guess, the platform, the trading platform that instigated the meme stock trade e is now a meme stock. i mean, look at it today, up another -- not bad -- 7%, but it was down double digits yesterday, up tremendously the day before. i think it got as high as $80 a sharaf the $38 print on its -- share after the $38 print on its ipo. a couple interesting trends here, you know, mainly -- listen, we hear most institutions have bailed out on robinhood. this is largely a retail-driven frenzy, at least that's what trading sources are telling us. i can't imagine it's totally retail-driven. one thing i coknow about hedge in particular is that they like writing on the backs of --

riding on the backs of the retail investors. if you think hedge funds were just short the meme stocks, they were riding on the backs of a lot of the amc apes, for example, profiting off of their irrational exuberance on the way up, selling at center points. that doesn't mean they haven't been short the stock either, but clearly, they know how to play this game. this is a really interesting stock. i think the long-term holders, and this is one of the problems i think the company has, i don't know if there's a lot of steady hands in the stock for the long term. if you're a company like robinhood, you want to be able to build a business, be able to have your stock in stable hands. you don't want to see double-digit trading swings every day. you want to be able to issue stock, you know, when you need to expand your business, and that's a real issue for them. i think another issue for them is that insiders are selling shares, and it doesn't give you a lot of confidence in the company's business model. and i think they also said they weren't going to do a secondary. if there's one thing that

robinhood needs right now, they just did the ipo, i get it, they don't want to lose shareholders, but they need more money to expand and do other stuff. they need to be more like charles schwab and e-trade, and they kind of said no to that today today. that being said, the stock is up 7%: and it may go down 30% monday. connell: especially, as you said, if the fed signals we're going higher, ferret about it. >> then all bets are off. connell: i want to talk about back to work. we were talking about it earlier in the show, but there's been a headline on amazon that came across from reuters that a says they're going to require people to wear masks indoors regardless of whether they're vaccinated or not. i bring that up because it just crossed and you've been talking to a lot of the wall street firms, what's the latest there? >> well, we reported i think it was monday or tuesday that jpmorgan was reevaluating its back to office plans, they were going to make some change, and

the change was said to be imminent. they did come out today with a change, and they didn't say, listen -- as of now, they still want people back in the office. but they just ramped up their mask mandates. and if you read the policy as they sent it around to reporters including myself, it looks like if you're, even if you're vaccinated and there's a lot of times where you have to wear the mask indoors. you know, if you're unvaccinated, you've got to be double masked. i wouldn't go that far -- connell: you can still go to work, right? >> you can still go to work. they have not -- that, i know that was on the table, whether to bring people back or not, whether they should change or modify that in some ways. they haven't yet, but they have ramped up mask mandates and testing. if you're unvaccinated, from what i remember reading, from what i remember in terms of the policy, i read it, it's -- you almost need two tests a week. connell: right. they're trying to make you get the vaccine, obviously.

make it hard as possible. >> i just find this fascinating, jpmorgan must have 15,000 people here in new york. connell: right. >> how do you walk around with masks for eight hours a day? connell: yeah. >> it's going to be interesting. connell: especially as we've all gotten used to not wearing them, and then to go back -- >> you imagine if we were doing this broadcast with masks on? >> we did in the field for some time, but i get your point. you get so used to not doing it -- >> it's not even that, connell. i've been on flights for eight hours with a mask on. it is incredibly difficult -- connell: i know. >> and, you know, doing that every day is rough. connell: right. people would rather be home. >> we'll see how this -- i think they're going to, if this is the change, let's see if it involves just a little more, like people can work from home three days a week. connell: yeah. you might see a lot more hybrid stuff. thank you, charlie. charlie gasparino. president biden making the push to a zero emissions future.

that was talked about on the program yesterday, but today the countdown closer thinks crude oil could still be with black gold for your portfolio. we'll talk about that in a moment. and then, we're keeping an eye on the records, the potential records. the dow right now on pace, up 110 points with fewer than ten minutes to go in this trading session and in the week. "claman countdown" coming right back. don't go away. ♪ ♪ - i'm norm. - i'm szasz. [norm] and we live in columbia, missouri.

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one of 11 who have come forward accusing governor, sexual harassment this year. leticia james earlier in the

week set an independent investigation concluded formal acted inappropriately so this is essentially a response from the governor's team. rummel has continued to deny allegations and said he never touched anyone inappropriately the event, this is video of moments ago from what i understand, it's been a disaster in terms of technical pavement trying to stream it as freezing up in a tough time following it, it just started up again so we'll keep an eye on this and see if any more news comes out of it. this is their response to the allegation and filing today. five minutes ago the trading day here as we look, the market action for the dow is set for its 30th of the year, 80-point are marked to the upside. s&p 500 on pace for record-keeping with the nasdaq.back. look at the week, all three averages are higher for the week and even though nasdaq is down today, it's up in prison for the week. at some of the stocks powering the gains under armour has been

the big winner on the s&p 500. up 22%. sheriff's anna pumped up forecast and blow up from the earnings report document earlier in the week. goldman sachs has been the best performer in the dow, backed up by 6% for the week rising alongside treasury yields we've been reporting on this week. goldman is up by $23. in this maternal, covid vaccine nasa big winner on the week inching closer to emergency authorization booster shot for those that have compromised immune systems and maternal gained 17% this week. at the other end of the spectrum, gaming stocks have been the big losers in the tech heavy index nasdaq two. these have been down from 15%. vapor and hurt by the post- pandemic meant him turning the other way but it's the chinese

company i mentioned that taking the biggest blow down by $15 after china's attacked the sector on multiple fronts this week so that's a quick mockup of the week. three minutes until the opening bell. oil price looked at it today, is pulled back about a dollar spent on an absolute tear your today up by more than 40% since the first of january, global preopening sparking demand despite renewed covid fears, count on closer says that on oil in your portfolio. president and ceo. it's interesting because this time yesterday there were during the show and president biden comes out and it was all about pushing electric cars and men here you are 24 hours later saying big oil but by oil stocks. what's the rationale?

>> it's a value play looking at the sector trades, it might be 60% of the market cap of the s&p historically but from a value perspective, a look at chevron training at 14 pier and 530-year-old and you look at the rate of growth of earnings going forward, it's already been adjusted earnings forecasts. the last three months from 6332782 so you've got any multiple expansive increase of earnings going forward which i think is easy to assume close to $70-barrel oil and nearly every forecast after so let's say we are wrong and oil space 50 -- 70 range from about a goodbye so

think about the diffidence, you can't the dividend in a world where high-yield is trading summer between four and 7% and you get stocks and hold onto it for five to ten years, that's up 135 -- 150-dollar stock into yours. >> do you like at one or two. but oil and at chevron. they are going to release the belt in a minute. same time everyday so let me squeeze one or two in. walgreens, you like that? >> yeah, i think you are nervous, stock trading at 34 pe, where can i find value, something that works in case something goes wrong? you're right about the delta variant and increased spending and all kinds of things. 5% correction in nine months then look at some of these consumer staples. i love walgreens, you get a nine forward pe, are you kidding me?

it's a stable company with 4% yield. that's a great by. midland two and a half. >> there you go, chevron have a great weekend. thank you for joining us. it's a record. thank you for joining us for the claman countdown. next is kudlow. ♪♪ larry: hello, i am larry kudlow. it's friday and let's have some random thoughts on money and politics and life, liberty and the pursuit of happyness. first, our friend, bill haverty who's kind enough to come on our show, a number of times refusing to vote for unanimous consent to close down for the debate and amendment to the infrastructure bill why is it? the cbo