so halliburton should be an immediate ben fieficiary of tha.ries will continue to go higher putting pressure down on energy and consequently on halliburton. make this a short-term trade. >> it depends where you are. take a look at stocks that has been a pick. may have upgraded it today or yesterday. that's down from $100. you'll see the u.s. dominate the pricing conversation and they'll keep producing and producing, so you want to go with companies like halliburton on the service side as opposed to the commodity producers. >> we talked about southwest energy briefly on the upgrade. that's like range resources. both of them sliding like this. so if you're somebody with some risk capital, would you take a shot? like steve is saying about range, the answer is yes. but other than that, i'm not excited. >> last year, remember, the group is up 28%. it was the strongest sector for 2016 coming off that low in january/february. and it might be too soon for this group to begin to come back at this point when the markets are really looking for growth and

halliburton.l stocks have been taking a beating today, is there more pain for halliburton or more gain in 2017? >> i like that quarter very much, the chart's bad, people are giving up on all the oils. i'll take some halliburton if it gets to $44 or $43. that's a good price. christopher in new york. christopher? >> caller: my question for you is cray incorporated. >> hi performance computing. you know, i think it's okay, i have no real edge on cray. and that, laidies and gentlemen is the conclusion of "the lightning round." [py neighing] what? hey gary. oh what with the dog-sized horse? i'm crazy stressed trying to so iisn't that right warn?l.y, well, you could get support from thinkorswim's in-apphat. it lets you chatnd share your screen directly with a live person right from the app, so you don't need a comfort pony. oh, so what about my motivational meerk? in-app chat on thinkorswim at td ameritrade. in-app chat on thinkorswim ♪ hey, i'm the internet! i know a bunch of people who would love that

what is your opinion on halliburt halliburton? >> halliburton, about to report. here's the problem. slumber will report tomorrow. not one to call bottom. they won't call bottom and if they did, halliburton would get hurt. i believe over the long term you want to own it. it's going back to 47 and you will get a better price then. steve, in my home state, new jersey. steve. >> caller: hi, jim how are you? >> fine. how are you? >> caller: i'm doing good. my question is about yahoo! market cap at $45.5 billion and $47 stock price. with the yahoo! sale of the core business only 60 days away, the fact they will be getting $4.5 billion for the core business, $43 billion they have in alibaba stock, $9 billion in yahoo! china stock and $7.5 billion in additional cash currently held, totally $64 billion versus the current market cap of $45.5 billion, which would be a stock price of $67 or difference over 40%, what is keeping the company stock from adjusting to the component value and should we back the truck up? >> noy don't back the truck up. it's a plan merger. you have great numbers you re

halliburton, and u.s. drilling dignity. a horrifying moment caught on tape. a 4-year-old little girl falls out of the back of a moving bus. a firefighter took the video and immediately came to her rescue. check your pantry. a massive recall. not one involving golf balls, but one by frito-lay over salmonella concerns. turbulence to the airline industry will look at the latest incident but it is not all bad news. kenny g holding an impromptu concert with the delta flight. buy some are calling it an awesome moment. some are not being this kind. all of that and so much more. cheryl casone is here to bring you everything you need to know. is professor of business and economics brand renberg and wife of american sniper, chris kyle. good to see you. you fly a lot. >> idea. i would've loved to been on that flight. something about kenny g, just as general president is very soothing. cheryl: there's a lot going on. none of the real good. somebody should talk about in terms of the market reaction. >> markets pop after this election. the question is does it relate that l

>> halliburton we had unusual activity.eph is in that one and they've had the missteps that they've had. i'm curious whether they can give a positive call. i think they will at that time. i'm rooting with you. alphabet and amazon on thursday. >> thursday will be. caterpillar, anything -- there are so many. how do you pick one or two? >> oil. we talked about it a little bit. see how they react if it's lower numbers. i like the names and union pacific. >> csx has had boom earnings. they were blow-out. and they're upgraded today. >> union pacific had some problems with weather in their quarter. i like it. it's one of my biggest positions. i'm rooting for it. >> google for multiple reasons. >> alphabet. >> i can't do it either. it's google. >> i want to see what advertising is, important in terms of pricing. masco building products, fortune brands, lowe's. >> are you looking to see what housing is going to do? is it a tell on the broader -- diy economy? >> on consumer spending. are they spending more on their home. what prices

meanwhile, halliburton is the world's number two oilfield services provider and while oil prices areating will riggs and equipment is putting pressure on earnings. finally, starwars and disney princess dolls gave hasbro a big boost this time last year. comparatively, though, it will be ha rd comparatively, though, it will be hard for the toymaker to meet and beat the numbers from a year ago. that was michelle, giving us a heads up on what is ahead in the us. we have the head of multi—asset is at royal london asset management with us. royal london asset management with us. trevor, are royal london asset management with us. trevor, are you royal london asset management with us. trevor, are you with the share markets and the euro and cheering the outcome of sunday's election in france? it is a positive outcome. one way to look at is that 40% of voters voted for somebody who was anti—euro, so that was a bullet missed the markets, because if france were seriously considering leaving the euro, there would be all sorts of financial stress. you might say marine le pen is through to the secon

halliburton boosted sales in north america. it's a rapidly rising count in shale. but thesep as much are some of the earnings winners we are watching. helpingr thing that is in the financials is that we are seeing celery in the treasury market as part of the risk on reaction to the outcome of the first round of the french election. this is a two day chart of the 10 year yield. the trend has been a falling 10 year yield. we are seeing an increase of four basis points is not huge in the grand scheme of things but the fact that it represents a reversal in the short-term trend, it's positive for the financials. it is negative for real estate. and retail real estate, they are weakening, sears announced another round of restructuring. the company is losing its second cfo in the last two years or so, rieker will and rob be the new gfi oh. one reiterated its equal group on shopping centers looking at slower organic growth and weaker tenant credit outlooks. vonnie: thank you. the first round results of the french presidential election showed centrist independent emmanuel ma

also going to hear from halliburton.he oil services provider said last month its profit would miss the estimate due to higher costs and hasbro will report its latest numbers this morning. the toymaker facing a tough comparison from a year ago when results got a nice boost from demand for "star wars," action figures and disney princess dolls. tech earnings, twitter, microsoft coming up. nicole: the trump administration looking for funding for the border wall in a budget showdown with congress. >> we are asking for our priorities and importantly offering to give democrats some of their priorities as well. lauren: the latest news and reaction of nearly 200 points. you are watching "fbn:am," your first look at morning markets and breaking news. do you remember what your sdad and i taught you. about hands only cpr? yes. uh, kind of. if you see a teen or adult suddenly collapse, the first thing you do is...? call 9-1-1. and the second thing you do is? push hard and fast in the center of the chest at a rate of at least one hund

i know it's starting to get more heat behind it, then halliburton.h expiring, so the last weekend in april, these expire. extends out an extra week. 22,000 of these were bought today, around a dollar up to a dollar 40. don't have a lot of time, three weeks. i'm in it. >> another time you told us about on monday was tech resources. >> yeah. we were talking about tech resources and coal and steel coal and actually, jim has been b talking about that a lot. tech resources, we had great call buying in here. 160 was what they're paying. those are trading for $2. those are august 26th calls. you've got plenty of time, but if you want to start trimming, not a bad idea. >> up 8% a week to date. halftime report is coming right back. with leon. >>> welcome back to "the halftime report." i'm jackie deangelis. crude oil hitting a one-month high today briefly breaking above its 50-day moving average for the first time since early march. scott, you say that crude is actually in a big channel to the upside here. how much more room do we have to run? >> that's right.

halliburton also adding 2000 jobs in the first quarter. jonathan: there we go.res, 214 on the dow, positive 27 points, coming up, we talked political risk , j.p. morganer asset-management global head of equities. this is bloomberg. ♪ jonathan: the runoff for the french presidency. expectations keeps elevated on wall street, tax reform and tax reduction announced a this wednesday. it means risk is back on. from new york city and our viewers worldwide, good morning. i am jonathan ferro. we will call it le squeeze, futures up, the euro as well. alix: i'm looking at the safety trades, dollar-yen jumping higher, speaking to that risk asset. yields backing up. . gold off $75 since mid-march. oil continues up .7%. jonathan: our top story is the first round of the presidential election as the country braces for a runoff between nationalism and globalism. talk to me about how we are set up. but we are seeing is the globalization, to and it opposite views, is also the story of discontent with the policies of the past five years of the socialist president and the need for

and a drilling activity in north america that helps halliburton's bottom line, $47 a share right there more sabre rattling from north korea. what do they say they're going to do? >> they're ramping up the rhetoric, they say they're ready to sink a u.s. aircraft carrier with one strike. and they do missile testing korea is on high alert. stuart: the price of gold is $17. that implies that they're not taking the north korean threat that seriously, realistic. berkeley students, some threaten to sue the university if ann coulter isn't allowed to speak on thursday, the day she was supposed to speak and the day she wants speak. get this, too, anti-israel activist will speak at city university of new york on graduation day. all rise, judge napolitano is here. >> i'm shaking my head. stuart: what a contradiction. >> we shouldn't be surprised that academia will not further their ideals, supposed ideals, left wing propaganda rather than figure of speech. and kuny, city of new york, and berkeley owned by the state of california so they're regulated by the constitution, but the supreme court has s

leaders include halliburton, baker hughes, pioneer natural resources and marathon oil, all up betweengher. if it closes above the 1.5, it will be the best day since march 28th. keep an eye on that sector. for now, let's send it back downtown for the start of ""squawk alley."" >>> good morning. it is 8:00 a.m. at amazon headquarters in seattle, 11:00 a.m. on wall street and "squawk alley" is live.

the passage of the halliburton amendment, it reopened the bottom of the mining and oil development, them, they could use fracking with -- dodo whatevever you wan. that changed everything in north dakota. the boom came in with the ugliness. the sexualal assaults, the contamination of everything, and the loss of common sense and decency, frankly.. in the meantime, no one was there. no one has been up there for a long time. civil society abandoned north dakota. the american civil liberties -- liberties union, which i am a fan, hadad one pern n covengng north d sosouth dakota.. let me know w how that works ou. the sierra club had one personn. that is not good. that is when you have been abandoned by civil society. a lot of people didn't want to live t there becausese it is co. you can n get your starbucks or your cool s stuff. there is not all of the cool organic places. they said, i want to live somewhere cool like new york city o or madison, wisconsin. they left. you have older white people. things went bad. our people were treated pretty badly in north dakota. that is why we call it the

mass been a market leader in venezuela for 35 years and ford fled the country or dialing down, halliburtonp&g, companies are leaving the government continues to nationalize and seizing assets, including a lot of cars they took. stuart: would you agree this is crisis time, the moment of crisis has arrived. liz: it is crisis, we know three dead in the recent uprisings, and seven, nearly ten people dead. there is torture going on. young people are being cattle prodded, electric shocked, hand tied to pipe and beaten. they're being tortured. it's a collapse of socialism, a best example how socialism is an abject failure around the planet and we've never seen the fast and spiraling deterioration. remember that vice-president, he has ties to hezbollah and he ran in syria and baath party the. >> and they were giving visas to syrians. ann coulter's speech is canceled and she's going anywhere. byron, it seems like the free speech ball is in her court, they can arrest her or protect free speech. >> that would be quite a scene. it's not unusual, the birth of the speech speech birthdays. a speech was c

halliburton reported a profit of 4 cents a share. that was involve estimates beating by a penny. by increased drilling activity in north korea. european bank stocks, the trade in the u.s. are surging following the results of the french election including shares of deutsche bank, credit swiss and barclays. o'reilly was a good value and worries about amazon's growing move into the auto parts area. analysts feel o'reilly is better positioned to fend off amazon. >>> medical supplier becton dickinson will acquire c.r.bard. they value bard -- a premium over the closing price on friday. it will help improve its market position and becton expects the transaction to increase its earnings share and a cost saifgds of $300 million per year by 2020. both shares are unchanged in early trading this morning. the transaction is expected to close in the fall of 2017. >>> and luxury retailer jimmy choo is putting himself up for sale. he is seeking offers for the company was part of a review of its strategic options to maximize shareholder value. they have discussed the process with their majority s