diamonds in the rough. couldn't have two better guys to help us figure all this stuff out and i like the positiveness, thank you both very much so we're off to an interesting start the russel leading the way , the s&p struggling just a little bit and the nasdaq down a lot on that rotation thing. i would not be too concerned about it though, there are some key nasdaq names i would not sell them. liz claman, again, you've got the best hour of the day. it's over to you. liz: [laughter] well just as you were describing that, i thought it's kind of like traffic going in two different directions on wall street, as we kickoff this final hour of trade, right? the dow right now is powering higher by triple digits we seen a gain of 103 points but yeah the nasdaq has sort of languish ed in the negative territory all day long. right now down 65 points, as investors start the week by rotating from big tech to cyclical stocks, financials, energy, powering the dow with four straight sessions of gains and by the way we're looking at

crude, it just closed at a three -year high. the mixed markets also show investors have a weary eye focused on congress in the next few hours. we may see real action in both the house and the senate as they grapple with trillions of dollars in spending, and a possible government shutdown, at the end of the week. our floor show traders tell us how to play both the economic and political uncertainty, because there's a lot of it folks. cryptocurrencys fighting to recover after china made its strongest move yet to put the crypto genie back in the bottle but china's ban last week of all crypto transactions, not enough to quench investor thirst for digital assets as coinbase and robinhood make fresh offerings to investors crypto exchange e-toro ceo is here about to debut on the nasdaq next quarter why the delay supposed to be this quarter and how is that relationship with the regulators , the securities and exchange commission going? and one of the nation's top

online gaming investors has identified what he believes is the next big money maker, and no , it does not involve a football, basketball, or any ball for that matter. you've got to hear it jason ader one of the biggest names in gaming. breaking news lawmakers are kind of wearing out the rugs of power right now as the perfect mail brews over capitol hill so right now here is what we're being told by our fox news producers on the ground. we have lawmakers frantically negotiating two huge legislative packages against the back drop of expiring government funding, the shutdown, the government shutdown and the threat of a possible u.s. default, if the debt ceiling is not raised. we are just under two hours and 30 minutes away from the senate 's test vote to break a filibuster to begin debate on the house-approved bill to fund the government through december 3rd. we do know that, of course, funding is set to expire at 12: 01 a.m. friday, risking the threat of a partial

government shutdown plus democrat leaders are wheeling and dealing their way through the roughly $1 trillion buy infrastructure bill and for now, $3.5 trillion social spending bill, which could, as nancy pelosi said, start to shrink a bit. both the bulls and the bears are looking both ways on wall street to see what might come barreling through so let's get right to the floor show and our traders, kenny polcari, scott redler. guys what we want to do is we want to show beyond infrastructure stocks what the dow, nasdaq, s&p intraday have been doing. kenny a few days left in september and suddenly, investors woke up and said, you know what? let's kind of shape shift from tech to value. how much of that, kenny, has to do with all that's looming in d.c. if anything at all? >> i think there's a lot that has to do with what's happening in d.c. but i also think it has do with the longer term view about what's happening at the fed and what the economy is going to do next year because look and you and i know we've been doing it long enough. the political drama creates lots of fodder for late night tv but

in the end does it really price stocks? it's really the economy and as much as how companies operate it's not necessarily going to be driven by all the drama in d.c. the drama in d.c. will create short-term opportunities, but not long term pricing so i think much more of it is driven by you saw the treasury spike up through 1.51% today on its way to probably 1.6 which is going to be probably 1.8 by the end of the year so there's that definite shift that's happening and i think that's really what's driving the action, more so than d.c. liz: but kenny, if we have ris ing bond yields which right now, 1.482%, so we've pulled back a little bit from that what was it june 28, i believe, the highest level since, well, june 29, first time we've seen 1.5% topped, if you have that, and all that's added, with this perfect storm going on, in d.c., plus, you've got all kinds of regulation going on around the world when it comes to things like cryptocurrency, where are the best areas?

what seems to really thrive in that atmosphere? >> well, listen. to me, see , i go right back to the value tree because in an environment like that where it's very kind of iffy and anxiety-driven and you don't really know what's coming next, and i've been saying this for a while. i think that it's going to shift to more of the value which is kind of what you're seeing today , right? we're seeing a lot of the value names really excell, especially when there is all this , so i'm still in the financials. i like energy. look what energy did today. you said it. oil closed at an all-time, well not all-time high, but the most recent high that we've seen, right? and likely only going higher, so consumer staples which are only up about almost 5% year-to-date, when the rest of the markets up 20% i think really underperformed and i think there's going to be opportunity there. liz: does it pique your interest , scott, names like apple and microsoft are pulling back, does that make them a buying opportunity? where do you see that real chance to scoop up some things that aren't as expensive as they were last week? >> well, if kenny is right the

way he's usually right because he's such a handsome devil, and we get to 1.8, you don't want to be buying apple and microsoft. going to 1.8 would definitely have the market faulter a little bit. liz: explain to our viewers why, scott, please. >> well, when interest rates go up that means you have to pay more on your debt and the u.s. government has quite a bit of debt, so when yields go up typically markets rotate as well so that's why you're seein, you're seeing them to banks and energy, so at this point, you do not want to be buying apple and microsoft, if yields are going to continue to go that way because they are going to sell the higher pe stocks so we've been dealing with this rotation back and forth for the past year or so, but i'm not sold we're going to 1.8, so i think again, the reason why that's very important because that means that be a new high. i think we went to like 1.7 and felt like the world was going to end then and then all of a sudden boom, we're going back into a depression where we're below 1.2, so at this point, i

feel like washington is a lot of noise. it's something is going to get done whether it's thrown into the reconciliation bill and they come into 1.5 trillion versus 3 trillion the government might shutdown for a day just so the newspapers can sell newspapers, but i do think that again, it'll be a buying opportunity just like last week, evergrande did not produce mass chaos, it just was like an aig, was kind of a situation to take note of but it didn't have catastrophic ramifications. liz: i'm hearing kenny, does anybody use that term anymore? >> i want to jump in. liz: go for it. kenny, the evergrande situation was like a blip on the radar. everybody was freaking out. one week ago today, and now, suddenly, it's like oh, shiny object over there in d.c. >> yeah it was like a flash, it wasn't a big deal. the only thing you have to worry about like if regs do continue to go up and scott is right it's going to get more expensive for everybody including the government which might be exactly the reason the fed is going to try to keep rates lower

right because they don't want that to happen because that could certainly help to derail but one way or the other i think over the next couple of months as we move in through october, which typically can be a very mild time, that the path of least resistance is actually lower certainly for the high-tech names like you just said, apple and microsoft. you don't necessarily want to be buying those if we're going to see rates spike up so i think you just have to be cautious but it is not absolutely a time for anybody to panic at all. i think you just have to focus on the long term. liz: did you guys hear, harvard business school, has had to revert to online because they've had a whole rash of breakthrough cases. what if these breakthrough cases start to really meaningfully start to begin shutting down the organization, universities, once again. are there winners that we should be at least anticipating at the moment, scott? >> well, that be unfortunate for those attending the universities but then that will have the fed, again, become a little bit more accommodative, if all of a sudden businesses

close down you get back to the goldie locks we had a year ago, they aren't shutting down things the way they did a year ago. i think everything will push through, some places might have to refocus their effort and be a little tighter with mass inside but they aren't shutting businesses down the way they did a year ago, so i think we're just going to muddle through depending on how hawkish or doveish the fed is based on the headlines, we'll have to just readjust this rotation right now it looks like the small caps i think will outperform in the fourth quarter so you should have some exposure to the iwmnd a the components if do you your homework. liz: so we'll muddle our way through, guys great to see you. thank you very much. >> [laughter] liz: kenny, scott, we gotta get you this fox business alert the easy spac movement is getting recharged in this final hour of trade leading pop stock, blank check firm, guggenheim shifting into gear in the final hour after a u.s. naval nothing it's going to take electric car maker pollstar public in a deal that would give the swedish ev

company a valuation of $20 billion. now, poll star, which by the way delivered 10,000 of its cars last year, says that'll jump to 290,000, by 2025 you've got guggenheim, ggpi up 4 1/3% but it's really gm and tesla that goldman sachs says will be the winners in the auto industry race, gm moving higher by 2 1/3% right now on that thumbs up but the big bank is slamming the brakes on lordstown, ticker symbol ride, although we'll give you the reason why ride turned around here, doubts on the growth prospect. lordstown investors are undaunted at this hour, shares reverse pre-market red arrows, they don't want to listen to goldman at the moment, lordstown up 3.5%, gm as we mentioned 2 1/3 and tesla is jumping to 2.8% as it rolls out a beta version of full self-driving mode but only for drivers with high safety scores.

taking a quick look at other major moves in the ev space, there it is continuing to lose strength at this hour, down about 6.6% after big gains last week, battery recycler continuing its, sorry, its wide ride to the upside right now up 9.25% i would say that's wild, workhorse is moving higher by 9.7%. let's get to facebook a lot of you own this in some portfolio or another. facebook is fighting its way into the green just by a third of a percent after selling off at the hope. today's action coming as the social network hit pause on instagram kids its photo and video sharing option for children under the age of 13 why? well there's a wave of backlash that didn't just fizzle out its continued to increase. we now have 44 state attorneys

general who have objected to this option for children but unable reverse its slide, rewalk the maker of that thing on your screen, essentially a bionic exo skeleton that really helps parapalegics walk up stairs, shares slipping 13.5% after announcing a $32.5 million share offering so we got rewalk at just $1.74 but boy do they deserve a huge hand for all that they enable people to do after bad accidents. >> christmas coming early to best buy after piper sandler called the electronics retailer a "top idea" due to its new total tech membership program, so best buy shares charging higher by 5.5% pretty much getting up to the highs of the session at the moment but could vaccine mandates be a lump of colin big box stores holiday hiring plans? what the most well known names in shopping are asking the

government to do right now to keep the holiday season from getting grinched by new covid rules that could affect their stocks, closing bell ringing in 48 minutes the dow holding on to gains of 127%, the "clayman countdown" is coming right back, so don't move.

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liz: breaking news a jury finding r &b singer r kelly guilty of racketeering in a sex trafficking case you're looking at brooklyn federal court right now, that is a live picture literally happening seconds ago. kelly has been on trial in new york for one count of racketeering with 14 underlying acts that included sexual exploitation of a child, kidnap ping, bribery, sex traffic king charges also charged with eight additional counts of violations of the man act that's a sex trafficking law, kelly, who once was a huge singer star could face decades in prison. anymore on that we'll get it to you. in the meantime, supposed to be the most wonderful time of the year, it's just around the corner major retailers are trying to get ahead of the seasonal rush by going on a

hiring spree, but the latest vaccine mandate kind of a lump of coal in their holiday plans and some very big names in the space are now asking, to have this mandate delayed by 90 days to save the holiday season. let's go to grady trimble, he is live in front of one of those retailers, who has a lot of concern about it in chicago. target, all right, what are they specifically requesting as far as this delay, grady? reporter: so they want three months from when osha comes down with this guidance, liz, to when they actually have to implement it with their workers. the retail industry leaders association and the national retail federation are the two industry groups asking for this , but they represent target, walmart, cvs, walgreens, pretty much all of the big retailers you can think of they are members of these two groups and they have a lot of questions about practically how this mandate will be implemented for example, they think they are around 4 million retail employee s who will need to be tested on a weekly basis.

they don't know how that will happen whether it can be done at home or has to be done at work. they also don't know who will pay for those tests. they also brought up the question of employees who are under the age of 18. will they need parental consent? so they say this 90 day period to implement it will not only help the retailers but also help the white house do a better job rolling out the mandate. listen. >> we think we could achieve the administration's goal, which is broader adoption of the vaccinations, more effective ly, more efficiently, with a lot less cost and a lot less trauma, but unfortunately, at least to this point, they're choosing to go the ready, fire, aim path. reporter: of course, as you mentioned, this mandate is coming down as the big retailers are gearing up for the holidays. if you look at companies like target, walmart, macy's, kohl's combined they're looking to add hundreds of thousands of workers

a lot of other companies haven't announced their seasonal hiring just yet but they're looking to add tens of thousands as well, so if you do the math on this , liz, three months from when this guidance comes down would put them past the holidays which might be an easier time to hire. liz: yup, and macy's made the announcement last week, 7 6,000 holiday seasonal workers, there are jobs that are plentiful right now, grady, thank you. grady trimble. all right, step aside sports gambling, even as jb smooth plays emperor for caesar as it angles to dominate online sports betting one of the world's top gambling investors jason ader says sports gaming faces saturation and consolidation. the next big thing that could drive mobile gaming stocks, live dealers, but for what? with the closing bell ringing in 40 minutes, jason ader is about

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liz: well look at that my cleveland browns not the only ones making major moves on the grid iron, thank you, baker mayfield. >> [laughter] liz: yes, moving on, sorry, chicago, if you watched any football at all yesterday, you definitely saw commercial after commercial for these sports betting sites. they were everywhere, but it's more like shrinkage versus explosive growth when it comes to the number of companies pil ing into the sector. last week's big news, the draft kings and international sports betting giant entain are in merger talks for more than $20 billion and in august, pen national gaming's $2 billion acquisition of the score indicates maybe its consolidation of sports wagering companies, that's really shooting to the forefront. so where's the next growth space for mobile gambling? to the man who says it involves

the fusion of table games, live dealers, your iphone, and 5g, jason ader, one of the largest investors in online gaming, jason, great to have you on. well how do you first of all view the sports side of mobile gaming right now? hot but saturated? something else? >> great to see you, liz, and thanks for having me on. i think it's real exciting area, sports betting is expanding. it'll be in almost every state in the not too distant future, performing for the states that legalized much better than cannabis as a source of revenue, so i think what's happening is now the states are very quickly starting to think about where's the other source, where's the other best source of revenue from the gaming industry, and what we've seen in europe, and the uk, outside of online legalized sports betting is online legalized could seen casino and it's involving very

quickly and the technology is just absolutely amazing and with apple launching its iphone 13 and 5g almost everywhere, the experience to the consumer and the potential for states to generate revenue has never been better and as you know, the states need revenue more than ever. liz: let's talk about these skills-based games and live table games, that people are watching on their phones. in fact we pulled some video because we really wanted to show people what it looks like. there are actual live dealers here, who can they, they can speak to players? i mean, here's the picture of what somebody whose playing these games this is courtesy of evolution which is really a leader here. is this guy talking to me if i'm looped in through my phone? >> you can play at home, you can talk with the dealer, the games really feel like you're in las vegas. it is really quite something. we think about how evolved playstation 5 has gotten, for example, in the video game side,

well the gaming industry hasn't fallen behind. the technology that you see in video games at home exist for the casino industry and now it's happening in the states, sports betting and say well wait we need revenue post-pandemic let's figure out other forms of gaming to generate revenues for the police, fire, hospitals, schools, and so online casino is next. liz: now which names are best positioned, jason, for these new table games with friends as you call it blackjack with friends. whatever, and then, the piece that involves 5g, which makes the graphics insanely clear, and really quite realistic, correct? >> yeah, i mean, you can see the evolution games that you have on the screen, but in addition to that, draft kings is absolutely going to be a leader in the u.s. and in addition to that you're going to have

flutter entertainment which owns the fan dual brand, both our well known around the world and in the u.s. specifically, can't ignore bar stool, just doing an amazing job and mgm and caesar's aren't far behind so those are the big five. they're all in sports, they're all going to be an online casino and what you'll find, liz, is that online casino, with live dealers, is going to end up being a bigger business than online sports betting. liz: and again, i'm always looking for other prisons through which to look and the 5g stocks will play an important role here and i'm also thinking as you have this fusion between live table games, people who want to do the social aspect of it, loop that in through the 5g picture that seems to be a real opportunity, you say that the states look at this as a much better revenue source, very

productive way to raise money. you really feel that the states will support all of this? >> not every state but most states will. what will happen, what will grow the industry we've started to see it in poker is states like nevada, new jersey, delaware, have linked up their pooling, so eventually, the states will link up their sports betting markets and what will really be amazing and it's inevitable is the u.s. will link up its sporting betting markets and its gaming tools with europe and the uk, and once you have international pooled betting, that will grow the market exponentially from what we see right now, so it's an exciting time. it's very competitive, it's consolidating, but the enabler, if you will, is mobile devices, 5g, high speed internet, none of this really would have been possible 10 years ago. liz: wow we're watching all of it. jason, thank you very much, jason ader, great to have you. the world of crypto trading can

be very daunting. a lot of you are still kind of squishy about it but a ham steyn ham steyn, seems to have figured it out, starting back in june, mr. gox began trading in his tiny office, can we take that video by any chance, his tiny office in germany, complete with wheels and tubes which depending on the one he wiggles through means he's buying or selling. his portfolio, are you ready for this is up more than 20% that is a better return than bitcoin over the same time period, s&p, nasdaq, and warren buffett's berkshire hathaway, meanwhile the trading platform e toro seems to be caught on a wheel of its own as it tries to go public amid increased regulatory scrutiny, the ceo is here on when the exchange may finally make it to the market, and what's working with the sec is really like right now. cryptocurrency is actually turning around seeing some games , bitcoin had been lagging

earlier today it's up half a percent of $183 to 43, 178 and yes, ether moving higher too, we're coming right back. as an independent financial advisor, i stand by these promises: i promise to be a careful steward of the things that matter to you most. i promise to bring you advice that fits your values. i promise our relationship will be one of trust and transparency. as a fiduciary, i promise to put your interests first, always. charles schwab is proud to support the independent financial advisors who are passionately dedicated to helping people achieve their financial goals. visit findyourindependentadvisor.com

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an asset more relevant than ever before. gold. your strategic advantage. >> i think we lose sight of the fact that crypto is regulated. it's regulated by the cftc, by other government entities whether it's the u.s. treasury, and so what i've heard the sec people come forward and say hey, this is the wild, wide west, not regulated well that's not entirely true. every time someone goes to talk to them from the crypto community, it feels like it's just a lead generation to bring enforcement action. that's not a good way to help this industry thrive in the united states. liz: that was our exclusive interview friday, where ripple ceo brad garlinghouse worked to address his company's standoff with the securities and exchange commission, which has, as you know, filed suit over whether

the xrp token which is trading at $0.93 is a currency, or an asset, which should be regulated differently. speaking of regulators crypto trading platform etoro says it pushed back its nasdaq debut to the fourth quarter due to regulatory hurdles for special acquisition companies. etoro was supposed to edge m in the third quarter with fintech acquisition corp. joining me in a fox business exclusive the ceo of etoro the trading platform, y oni, thank you, but right off the bat, what specifically, if you can explain to our viewers, was the holdup that traders, you guys having to push it to fourth quarter? >> well we're at the end ofq 3. we filed our prospectus and we keep all of the information updated on investors.etoro.com and we're very excited about the transition from a private company to a public company,

through the spac merger and obviously, as q 3 ends, we wanted to update shareholders and investors that we expect closing withinq 4. all in all, again very excited about transitioning to a public company, as a company that's in capital markets, offering customers from 100 different countries to trade capital market stocks, alongside cryptocurrencies and our social network, we're excited about the transaction. liz: okay, but yoni to the point about regulators and what they had demanded. you had to re-state your financials because of some changes that they had made. can you articulate exactly what that is so that people understand, and i'm sure you're really geeked up and excited to take this thing to the public markets and list on the nasdaq, but tell us exactly what the sec had changed that kind of forced you guys to put this off. >> oh, there hasn't been, again it's a part of the process on

the filing, and updated filing and updated on the website, so you can see the prospectus as well as al l of the investment materials in the presentation, so i think it's just a part of the process. liz: okay let's talk about your relationship with the regulators are they open-minded to you, chilly, are they easy to reach? >> well, etoro is regulated one of the very few high growth fintech platforms that are regulated across europe, uk, australia, u.s. , with pending licenses now also in the process in abu dhabi and singapore. we've been one of the very few and first regulated securities brokers in europe to launch bitcoin trading back in 2013, and we've always been innovators around the fact that we integrated the social network alongside the trading platform to enable people to actually see

each other's performance follow and automatically copy the most successful investors on the platform so we've always been cooperative and working closely with regulators around the world to make sure that they understand our business, understand our innovation, and it always requires work together with regulators to basically work on innovative products, and there's no doubt that crypto is something that regulators all around the world can't ignore anymore, it's $2 trillion market cap and a pace of innovation that everybody is talking about. liz: and i'm hearing you say, and it's something that we've noted on this show, this is a legitimate emerging world that is very hard to squelch at the moment. last week, china of course said we're banning all transactions conveniently it comes at exactly the same time, of course that china is trying to launch its own digital currency, but your commissions for crypto has

soared 23 fold to $264 million in the second quarter. what are you seeing in the current quarter? >> so we see the direct correlation with the markets and up-trends in the markets. obviouslyq 1 andq 2, we've seen a significant rally in crypto, we've seen customer demand grow to trade cryptocurrencies from all around the world, something that very much reminds us of the crypto rally of 2017, but this crypto rally is by far the longest rally in crypto history and while we did see the correction in may, also generated by china with bitcoin mining back then and we're see ing a correction now, all in all we're still in a crypto rally with prices of not only bitcoin but other crypto assets still not very far from all-time high, and we see a lot of engagement, a lot of discussions

about what's happening both in bitcoin, but also i think everybody understands today, bitcoin is here to stay, financial institutions are going into bitcoin. liz: well, yoni, we tend to agree when the investor, and the user speak with their wallet s and they want to use this they somehow feel this is worthy of investment, very hard to put that gea nexte back in the bottle please come back when you launch and debut on the nasdaq. we appreciate it. >> thank you very much. appreciate it. liz: etoro's yoni assia. we talked all about crypto regulation and whether governments can kill it. we always tackle the top business news stories on tiktok in our morning market minute. i rollout of bed, no hair, no makeup, and i just jump in and that's exactly what we were talking about today, we've got about a quarter of a million followers now on@redsocksliz on

tiktok, come join the party, we have so much fun, tune in and see what the hot stories are. an out of this world deal hoping to send space stocks into orbit. we're counting down all the action next, 18 minutes before the closing bell rings we do have the dow up 101 points off the highs of the session, the s&p and the nasdaq in the red.

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atlas 5 rocket, taking flight from vandenberg air force base in california. today's lift off the start of a new geological mission for the u.s. , shares of ula boeing and lockheed have had very nice session, boeing shares i believe have been up pretty much most of the session, we do have at the moment, lockheed martin up 1%, yet boeing up 1.25%. red cat shares also rocketing higher on a new deal with nasa the space agency awarding the drone software provider a five-year contract to provide drone and rover support for upcoming simulated mars mission, look at that gain, 51% it's a $3.64 share of stock, but nice move we'll take it 50%. not to be left out rocket lab also going full throttle the rocket launcher landing a $24 million space force contract to build the upper stage of it

new drawn vehicle rocket lab. that sounds too cool. okay? so rocket lab is jumping a cool 2% as blue origin giving its own booster to the space sector, jeff bezos start up saying today , it will make its next man ned sub-orbital flight on tuesday, october 12. space tourism rival virgin galactic though losing steam in the past hour, right now we do have virgin down about half a percent, rocket launcher broadband satellite competitor ast right now up 3.6% for ast, astra up half a percent. american express under fire for promoting critical race theory among its employees. the backlash has several wall street executives rethinking their corporate seminars which critics say promote divisiveness in the workplace. what's it doing to or for the stock though? charlie gasparino on this story, charlie? charlie: liz, i think after the tragic murder of george floyd last year, and rightly so, corporations across the country

began to rethink corporate inclusion and diversity seminars , it was an appropriate response. what he's got what started as a nobel cause i think growing evidence has gone too far some of these seminars have gone into politicizing and divisiveness and i think with what happened was there was an expose by christopher rufo of the manhattan institute into what went on one particular firm american express, the big credit card company. that basically exposing that, when chris did that and the backlash that occurred caused other companies, again, to rethink their own corporate inclusion policy seminars and diversity seminars. i can't say the names of the firms that i'm getting this from, but trust me, these are major firms that i'm speaking to on wall street. the amex thing got them essentially re-examining what they're doing and to make sure that they don't have real

divisive stuff in their corporate inclusion seminars and they are rethinking that, this is following rufo's reporting. again, liz, most places diversity and corporate inclusion is part of corporate life and it's a necessary part of corporate life. we go through it as well. the question is, do you find the balance? and i think where american express erred was bringing in seminars that basically touted the critical race theory which, you know, is very political. it's very progressive, it's basically attacks the united states of america, i mean, it is kind of ironic that a company that calls itself american express that pulled in 3.1 billion in earnings last year based on the american financial system is telling its employees how horrible the u.s. government is and our nation, and you know, listen, we all need, there's room for improvement here, don't get me wrong. i'm not against diversity

training, i'm just saying where they went was too far, and you know, what was interesting, when i talked to these wall street executives when they start looking at their seminars a lot of them we didn't go as far as american express but we started in that sort of in that direction, so what they're trying to do now is strike this balance. they want inclusion, they want to promote diversity they want people to get along at work, as opposed to dividing people up by race and class and gender, and i think that's what you're going to see going forward. listen, rufo is an interesting guy. i've interviewed him. he has compelling evidence about what went down at american express. he started to look at other companies, and i think, the positive that's coming out of this , is that these corporate inclusion diversity training seminars are going to be more inclusive and less divisive, liz, and i think that's a good thing. back to you. i don't know if it's expecting the stock though, that's a whole

other question. liz: we're a business network, people get their politics elsewhere, i just think it's really important to tell the story, charlie, and also, in the end, these are companies, yes, they are publicly traded but they are not government-run, they can run their businesses anyway they want. charlie: and but the problem is, liz, they are getting a backlash from their employees too. that's the whole thing. this is a big business story. you know what's going on in the world. how do you dramatize that inside your company without with being inclusive as opposed to diversity? liz: better to be not divisive, we're all hoping to get along charlie gasparino, thank you very much. i mentioned this at the top of the show oil a three-year highs as black gold topped $75 a barrel and today's countdown closer has one clear idea, he says could be a gusher for your portfolio. sarge guilfoyle shares that name when the "clayman countdown" comes right back.

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go to golo.com to get yours. ♪. liz: folks, three minutes to go before the closing bell. the energy sector is so strong today that all five leaders on the s&p 500 are energy names, apache, marathon, occidental, diamondback, cabot oil. our "countdown" closer says he has another energy name to create what he says is a energy portfolio. bring on sarge guilfoyle joining me now. conocophillips, why that one? >> conocophillips is kind of a counter culture choice every win else is divesting fossil fuels.

these guys are buying land in the permian from royal deutch. number three ranked stock in the xle behind exxon and chevron. both of those stocks created gaps. this one has not. it has better chance sustaining gains made. you have a breakout, 63 pivot. target price of 7dollars. panic price at $70. we can move our target price up to 81 or 82. liz: you guy with the cup an candle patterns, all kinds of things. i never see it. it is like a rorschach. sarge it is trading 13 times forward earnings. i like that. give us a line on bank of america. this is one of your picks. today the 10-year-year-old popping up to 1.5%. we haven't seen that in a while. whats it it mean for bank stocks? >> when yield spreads expand that is food for traditional

bankers. bank of america is strong with a good trading decision. trade 13 times earnings, 2% dividend. earnings two weeks, on the 14th of october. you might see the stock rise into earnings. i think with the balance sheet this strong, you have a chance, tangible book, trading less than two times book. liz: real quick. >> target price 54. pivot point 43. panic point 39. liz: we have breaking news, dallas fed president robert kaplan is resigning. he is actually stepping down. this on the heels of eric rosengren of the boston fed this morning announcing he was retiring september 30th. both of these gentleman had admitted last week they made investments in certain assets that the fed was also trading. so both robert kaplan of the dallas fed and eric rosengren leaving the federal reserve. sarge, i want to quickly thank you very much. we still see a slight gain for

the dow up 66 points but as we break that news, we do have the s&p down 12, nasdaq lower by 78. that is going to do it. as we hear the closing bell for "the claman countdown." [closing bell rings] i will see you tomorrow. "kudlow" is next. thanks very much for joining us. we have a big show tomorrow. don't miss it. ♪. larry: hello, everyone, welcome to "kudlow." i'm larry kudlow. save america kill the bill but we still don't know exactly what's in this bill. for the latest let's go to hillary vaughn live from capitol hill in the swamp. good evening, hilly. reporter: larry, there is a lot stuffed into the social spending package but a lot leaves the price tag a mystery. the cbo has not offered their score how much these things will cost but they're pricey,