strategist david nelson will weigh in on not hearing stock index futures now. dow lower 26 points. s&p lower. the nasdaq trading higher 16. you are watching "fbn:am." ♪ at fidelity, our online u.s. equity trades are just $4.95. so no matter what you trade, or where you trade, you'll only pay $4.95. fidelity. open an account today. you'll only pay $4.95. but i'm not standing still... and with godaddy, i've made my ideas real. ♪ i made my own way, now it's time to make yours. ♪ everything is working, just like it should ♪ cheryl: welcome back. taking a look at futures are to call morning for you on this thursday. the dow down two for the premarket critics be done 1.5, technology stocks. watch the nasdaq today. a big break in one of the worst unsolved crime sprees in u.s. history. the so-called golden state killer who terrorized california for decades is finally behind bars today. 72-year-old jason james deangelo junior, former police officer charged with eight counts of murder. he is a suspect in four dozen than a dozen murders. police say dna analysis broke a co

trish: for more on these markets, let's go to bellpointe chief strategist david nelson and steve malagna. yesterday was incredibly vulnerable. we see volatility kicks in right around now. 23,766 on the dow. how will this shake out today in your view, david? >> i don't know. around this time if you're a mutual fund manager if people invested into your fund or took money out. you won't know until the close because around 3:30, that selling will start if in fact money is coming out of the market. the volatility, it is pretty tough for investors to take it day by day. you have to look beyond this. in the end stocks follow earnings. price momentum we have to address it. price momentum often leads fundamentals. that lately is to the downside. we have broken pretty key ranges here. trish: steve, if you look at our economy right now, we're doing okay. we're doing okay. if you look at earnings, those have come in many very, very strong and expected to continue being strong. the jobs market is better and wages are increasing, still slowly but they are increasing. when you think of all these things

scott hodge, and here in studio with me, david nelson. maddy, i don't know if you saw the whole event with president trump down in west virginia. i was so moved when this one mother stood up and talked about the personal impact. she almost broke down in tears of the tax cut they have had for her. that's the best way to look at all this. that woman to me represents what it's all about. but do we need another one? >> i agree with you, this is a story everybody republican needs to be telling for the rest of the year. that's a story for the american people. the family talking about how they can take their tax dollars and give them back to their church, their church that is doing work on combating the opioid crisis. this ways happens when people are given their money back to invest in their family or businesses. i would like to see the president continue to have teaser these town halls with americans. you had the president talking about expensing. we need person i -- we need per. it will allow politicians to have energy to continue to reform t

cheryl: david nelson about point asset management.the phone for breaking news. >> thanks for having me. cheryl: are you surprised by what could be seen as a bit of overreaction by these traitors when the truth is all of this at this point is just proposal, rhetoric, dealmaking. we haven't even gotten to the negotiating table with china and investors had in the file button this morning. what do you think? >> the reaction is clearly not 3 billion now network. could be 25% of u.s. imports. now we talk about big ticket items. cars, machinery, big fears over boeing in big-ticket items. cheryl: obviously overnight the breaking news and folks who are just waking up this morning is that china responded overnight, announcing they will hit 106 types of different u.s. products with their own tariffs and to your point, aircraft was in there. soybeans, corn, things they export to china. watch names a caterpillar today. there we go, down four and a quarter of a percent. all of this escalation is heading with stocks in the premarket. but again, if t

charles: let me bring in david nelson for one second.l get to you, katrina, but i want to get your take on this as a professional investor. i think it's starting to take a toll on the markets. we've already seen so many crazy swings that we hadn't seen in years, and that spooks people. doesn't it make the market even more vulnerable? >> it certainly did monday, and it's showing up in consumer confidence numbers. the numbers were a little weak today. and trade and all this news and certainly what's taking place in washington, i think the political and geopolitical aspect of what's hitting the market right now is probably weighing more on anything. but i'm going to take my financial hat off just for a second. it's disturbing to see this kind of politicization of the fbi and other organizations like this. clearly, mccabe, you know, is trying to wash his hands like pontius pilate at this point. charles: sure. you've always said you think the biggest threat to this investigation -- >> the investigation, absolutely. charles: -- the mueller inv

wealth management and david nelson, chief strategist at bell point asset management. start with apple. the stock of the day. a lot of anxiety out of that news from taiwan. i think the financial -- i thought the financial media went overboard. it's dangerous how crazy he went. when the analysts drops the its price. >> we have seen this so many times. they will probably sell a little less apple phones. whatever. they are buying other phones. all the chips got crushed because of it because of the fear they are going to use less phones. they will use more data and technology in the future. it's only going to grow. just relax. go with it and take advantage of people overreacting to something that is kind of trivial to drop the stock price. charles: i think twitter reports before the close. but it's not the bellwether that will set the stage. tell was to expect because i think you like some of these names as long ideas. >> i do. i'm hoping there will be some volatile headline news because it presents buying opportunities. i love facebook here. they are really cheap, they ha

for more, with the name david nelson. good to see you. >> good to see you.uckerberg to say to lawmakers? the talent, demeanors, i keep hearing that this is going to be the biggest grilling of a company in decades by lawmakers. >> to one looks good in front of a congressional committee. mark understands he has to start off with a pretty heartfelt apology and has to do quite a bit here. he's been studying pretty hard in meeting with members of the last couple weeks. originally he didn't want to testify an effect on sheriff samberg and general counsel to do his bidding had identified now he finds himself in front of two committees at this point. people are calling for big changes here. senator john kennedy authorities said this problem may be too big for facebook. lauren: what you make of it? >> it may be the case. originally it was wrong on this. originally i thought the business model would have to change. further that is wrong. comments from senator john kennedy, that smells like regulation is coming in the ground shifting under our feet when it comes to the

david nelson, thank you so much. appreciate it. tranthree tesla in the hot seat once again say that otto pilot feature would engage before a deadly suv crash. investors looking at the company can meet production market. and what was up with an april fools joke sent by tesla ceo elon musk. cheryl: bad timing. lauren: really bad timing. the space station crashing back to earth. where did it land? the second quarter of the new month of april in wall street. dow futures are down 84 points. nasdaq giving up 42. we'll be right back. the ♪ from the market when it might be time to buy or sell? with fidelity's real-time analytics, you'll get clear, actionable alerts about potential investment opportunities in real time. fidelity. open an account today. cheryl: welcome back. let's get you caught up on what's happening now. schoolteachers in oklahoma preparing to walk out despite receiving $6000 pay raise in response to protests last week. organizers say the bump in pay rush did the state legislature doesn't go far enough to address issues of

on set david nelson and our own kristina partsinevelos. st time we were here, none of you agreed on anything. perhaps we get more consensus. what do you think is behind this, david? >> not just the 10-year going up 3% today. it is really technology. technology right now has a confidence problem. apple with a mixed product cycle. that weighs on the entire food chain for technology. analysts are tripping over themselves trying to cut iphone estimates in front of this quarter. despite what they come out with now earnings projections have to come in. trish: kristina, what happened? why did we start in positive territory to end up where we are? >> maybe it has to do with president trump but a lot of earnings reports are coming out a lot is priced into the market. comments about iran nuclear deal, possible inflation, investors are fickle and react ing to sell. tech a big factor. 3m, boeing, caterpillar, their results were pretty decent, downwards. trish: are they overreacting? >> i think so right now. i listened to the comments from the ceo of ca

let's bring in david nelson, chief strategist with dull point in the potomac wealth advisors.t's start with the issues that these precision airstrikes. seems to be a sigh of relief this morning in the futures market. tell us about it. >> that's true. investors have gotten smarter over the years. and that like this, we would easily cause a market selloff. we've gone beyond that. now we don't even get the debt. they were obviously by in sunday night and they are this morning. we will see how that is today. cheryl: another side effect of this is they are planning to impose sanctions on russia over use of chemical weapons in syria. nikki haley fan yesterday on "fox news sunday" that you can't take off the table more airstrikes down the line. how do you do as an investor? >> the risk to the market or the geopolitical risks. they're not corporate earnings, global growth, strength of the concern there. it is what happened in the headline. as an investor if you focus on strong fundamentals, you've got three pillars right there that you can hang your hat on as reasons to stay invested

as we await zuckerberg's testimony we're joined by bellpointe chief strategist, david nelson. ris versace and our own deirdre bolton who is live down in d.c., getting ready for all these fireworks. david, do you think there will be some? >> there will. he will be talking, apologizing, going to start off there. i would encourage everyone, take a hard look at his written testimony, very important. he talks about nefarious actors. he talks about bad actors everywhere from macedonia to russia. i think senators will come down pretty hard. i would take senator john kennedy's words yesterday to heart. he says very clearly this problem may be too big for facebook to fix it on their own. i think that is probably where we're going. trish: wow. if that is where we're going, you know what that means? >> regulation. trish: possible regulation. regulation or let me throw this one out there, too talking about antitrust and amazon, has facebook gotten too big for its own good? >> has facebook gotten too big for its own good? it has grown from revenue of 7 billion a decade ago to 40 billion. do

i want to bring in lee monson, and back with us is david nelson. i want your assessment.d down. we did show some resolve. we made a 1,000 point reverse off the low wednesday and we gave a lot of it back today. >> i'm not too concerned. as were you talking before, i look at the close of the day, have we closed on the s&p lower than february 8th. no, we have not. i'm not concerned. here's what the fear is. we have earnings next week. the consensus is looking at something ridiculous like 12% or 13% earnings growth for the year. i only need 8 to make this market work for me and my investors. i think there's fear we will have ceos talk about tariffs or make excuses for the poor execution of their business plan and blame somebody else for it. if we get a couple big names have some disappointments it could bring the market down. i'll tell you if i see 2500 on the s&p i'll be a bigger buyer. doubt that's going to happen. >> charles: david? >> i was going to follow up on what essaying. i think earnings will be pretty strong. i was looking at jp morgan, they report next friday. sta

set with their outlook for how things are heading from here, we have bellpointe chief strategist david nelson and our very own kristina partsinevelos. well management analyst kimberly foss. kimberly, does it stay this way? do we keep moving higher throughout earnings season? >> i think we will, trish. two-thirds of the companies will be reporting here in the next three weeks. we're looking for earnings anywhere between 15 to 20%. growth over the next 12 months. this i think is very, very solid reflection of a big part of it is the tax code. dropping from 15 or 35%, down to 24%. this is going to be a trickle-down effect t will take time for companies to materialize. i think this will drive earnings. if we have good earnings, obviously we have good sales in retail it will drive market, everyone's 401(k)s will be higher at the end of the year than they are now. trish: i like the sound of that. i hope that happens. i do think tax policy will lend a little bit of wind to the sales, shall we say. i know you agree with that, david, so walk us through it. >> certainly. on tax policy that is a big par

david nelson joining us there. new information on how the fbi probe really began.what the house chairman of the intelligence committee told us. dr. oz helps students who are escaping a bus fire and a new jersey highway. dramatic video coming up. [music] at fidelity, our online u.s. equity trades are just $4.95. so no matter what you trade, or where you trade, you'll only pay $4.95. fidelity. open an account today. about type 2 diabetes.with some surprising facts so you have type 2 diabetes, right? yeah. yes i do. okay so you diet, you exercise, you manage your a1c? that's the plan. what about your heart? what do you mean my heart? the truth is, type 2 diabetes can make you twice as likely to die from a cardiovascular event, like a heart attack or stroke. and with heart disease, your risk is even higher. but wait, there's good news for adults who have type 2 diabetes and heart disease. jardiance is the only type 2 diabetes pill with a lifesaving cardiovascular benefit. jardiance is proven to both significantly reduce the chance of dying from a cardiovascular event i

secretary kristin nelson and we saw henry kissinger, david rubenstein and the ambassador to france andnight state dinner. no other democratic house or senate lawmaker was invited. we saw some republican lawmakers speaker of the house paul ryan, the majority leader kevin mccarthy also attending. we are waiting for the president and the first lady to come out of the white house from the front steps of the white house which is known as the north portico. they will coming out of those doors. there will be the color guard and others in attendance there. as they wait for the french president and his wife brigitte macron to come up in their car. they will get out and meet the president and first lady for the traditional picture and then they will make their way back into the white house for a brief visit before they descend the grand staircase and mingle with their guests to kick off tonight's festivities. a few more guests are trickling in. let's watch. [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible

david cameron in 2006 did apologise to nelson mandela but emily thornberry is saying, you know what,se to the commonwealth for that as well? which i think is sensible. what do you think? i think this also politics behind it. ithink think? i think this also politics behind it. i think the government commits a big deal for the next week, the meeting of the commonwealth leaders summit in london. they wanted to be about things like the environment, i got plastics, about brexit. plastics and brexit! that it! look into the future, not the past stop look exactly, and the soap emily thornberry is throwing a bit of a grenade into that... that's a key question she is asking. you can take the moral high ground that there is some party politics involved as well. talking of which, in case anybody did not know, we are in the middle of local council elections. rachel, its social care again on the front of the ft. this is a really shocking story and it's one we keep seeing rumble on. this is what happens post financial crisis, austerity cuts imposed by the coalition and conservative government. in p

and then we speak with david solomon from the nelson institute in beverly hills.rexit balance shifts. theresa may names the eurosceptics as home secretary. we are 30 minutes away from the end of the monday session and stocks arising for the third day

and then we speak with david solomon from the nelson institute in beverly hills. and the brexit balance shifts. theresa may names the eurosceptics as home secretary. we are 30 minutes away from the end of the monday session and stocks arising for the third day , the highest level for the european benchmark stoxx 600 since february. the second comes on the back of the fifth straight weekly gain, the best front since october. in the gauge is heading for the first monthly gain in three, the strongest monthly performance in september, up by 3.7%. all these currencies falling that it'se dollar, is he continues. bond yields are declining and there is an appetite for risk. there's a bit of m&a activity today, that's an understatement. look at sainsbury shares, rising 20% today, most on record and the highest since 2014. they agreed to buy walmart's $2.98 billion in cash and $4.3 billion and talk and walmart gets a 42% stake in the merged entity, becoming the biggest shareholder and the deal would create a supermarket giant tesco inor surpassing market share. the stats ar

david, thanks. south africa's winnie mandela died today. she was married to nelson mandela for 38 years and was a powerful anti-apartheid voice while he was in prison. trnnie mandela spoke to the late bob simon for "60 minutes" about her own treatment under apartheid. >> in that atmosphere, i left. >> reporter: solitary confinement for 18 months. that's a long time. >> yeah. >> reporter: interrogations? >> that was really brutal. >> reporter: but they didn't y hek her. in fact, they helped create her. the woman eventually released from prison was no longer just we wife of nelson mandela. it was winnie. nther of the movement, mother of the nation. >> glor: winnie and nelson mandela divorced in 1996. while her later life was embroiled in scandal, but she is remembered as a woman of the people. she was 81 years old. it was 50 years ago today that martin luther king, jr., was assassinated in memphis. king's three surviving children haven't spoken about their enther's legacy in a dozen year, but they did with michelle reller an interview they'll you'll see only here on c

senator nelson telling me yesterday that is not far enough. david the text of his testimony is going to be given tomorrow in front of the house. it looks sort of like a laundry list. if you were advising mr. zuckerberg today, what would you advise would be a win for him? great questiona and i put this to some crisis communicators inside the beltway. they suggest he is going to be sticking to the message we have seen him give in recent days. that testimony is basically verbatim some of the talking points we have seen in the public comments. i would also note that because this is going to be such a long and sustained hearing, it is very hard for there to be any type of broader off message comment than what we have seen mark zuckerberg give. he was wearing a suit yesterday and we should note that he did not talk to reporters when we were chasing him. david: thank you so much, kevin cirilli. i have done this and i was told it is the 80/20 rule. the temptation is you want to defend yourself but if you talk too much, to get in trouble. even if they are be