so, when i levitate and fly around onstage, part of the audience will float out of their seat.n their mind. -no. literally. car vending machines and buying a car 100% online.vented now we've created a brand new way for you to sell your car. whether it's a year old or a few years old, we want to buy your car. so go to carvana and enter your license plate, answer a few questions, and our techno-wizardry calculates your car's value and gives you a real offer in seconds. when you're ready, we'll come to you, pay you on the spot, and pick up your car. that's it. so ditch the old way of selling your car, and say hello to the new way-- at carvana. ♪ lemonis: it's early afternoon at the planet hollywood theater. ♪ and this dirty, dusty stage is undergoing a total transformation, becoming the criss angel theater. you think you're the only one with illusions? -there you go. -okay. i got up here like that. you appeared in the catwalk. i literally just levitated myself up here. -that's pretty good. -i'm gonna come down and see ya. come on down. [ laughs ] he's the mind freak. lemonis: not

things are levitated, so any kind of decline from where we are now really puts the central bank intoilemma situation. the -- how much do they really want to support the existing level? lisa: how much are fed policies bringing jobs back or supporting a positive environment to allow drop growth going forward? in thene: that is all relationship between central-bank action and actions in the real economy that have a lot of different links in the chain. what i can say right now is the dynamics of some of the fiscal , also the mainpp street lending in the u.s. that matters. thatve done some things look like possible downgrades from investment grade into high-yield, and then from high-yield into default. analystsorked with our in those two categories of asset classes and evaluated what are the employment effects of a downgrade on the investment grade or a default out of high-yield. what we have found is that those are pretty big numbers, especially on the high-yield going into default. it has pretty significant implications for employment. so there is a rationale for the fed to be in a supp

piece of it does not stand between absolutely nobody but the next tiger of the levite about to meet the calm of this race 700 kilometers in an electric porsche take out for this weekend they beat the clock and the charging network. the park the. car. meanwhile taxi driver heidi has taken out time to take. for a wild ride in one of the most dangerous cities in the world most be papa new guinea. that's my knife to cut you know the safe in the face of sleep so how long to. he's ready to go. hi i'm my husband johnny and we're going to try and see if you can keep that seat in the electric car so i can. watch it was from the bed to. do so last night john stein info video and read on it is against the clock look at google maps tells us that we can get there in 655 minutes let's go. to we need to decide if you want to be the old. oak or. only 11 who. believes in god ok so this is where they live and all that. i would never do it at night especially if i was alone. keep. in mind. as. you would like to give us an update on the top of the stage we're driving right now on our way to but durham back

of great italian artists today these make up one of the most important foundations of art history levitated a pure chill leonti architect the pittodrie escort tory italian army was 1st published in 1550 and revise in 1568. today the original manuscripts are housed in the if it's the library. most of the artists whose lives were sorry chronicled were already dead at the time of the sari researched very carefully. so too with leonardo da vinci on just a few pages for sammy wrote down his whole life story. in it he also mentions that limato painted the portrait of mona lisa for francesco dojo condo her husband and it's in the possession of king france is the 1st to france. he labored on it for 4 years and ultimately left it unfinished. these words gave the painting its name. mona lisa. who was this mona lisa of whom are sorry route and who was her husband francesco down to come down. francesco was a silk much good acquired some wealth but wasn't part of florence's elite. he was a nouveau riche businessman. was it really possible the renowned painter like leonardo accepted a commission by an or

have the civil civil rights movement and we have the exorcism member of the pentagon they tried to levitate the pentagon i think it was abbie hoffman lead that. the thing and that was towards the end of that civil rights movement and the civil rights movement i don't think it was an accident that it ended once they started looking at the empire once martin luther king jr looked at empire once malcolm x. was looking at empire that it wasn't just the mastic you can't just say oh we're racist domestically and not look at our footprint internationally and that is racist so in terms of that we need to look at the systemic thing as we've pointed out the federal reserve bank but also the u.s. dollar because to have the u.s. dollar. not only does that disadvantage to mastic lay the population the bottom 99 percent who don't get the free money printing 1st but it ness acetates the export being the sending overseas of your jobs like you have to have a way for the rest of the world to get dollars in order to maintain the system so you have to give them dollars and the best way to do that is to look at

levite covers the 1st openly gay person to assume the office of of tisha these signs of the increasing cost more politan nature of irish politics is the obvious for personification of the the concept of global ireland which is beaten unseated by the new administration and husband policy and that actually a great word very young ha ha that's what could be reading but more so i think it's good to see and i think the better worded open i'm dead 1st person of color in a role that it's 352 years strong so there's a 300 if it were you know if it were me that was. anyone of color i get 90 the mellower mare and a tree hugger out for tea tree i will marry that white men and it is what we need to look at it is good that i am different but i can not be the last lot men of our contempt to europe after all as chair of the party was going to be the template on which we should judge the green party's 1st experience of the new experience of of such an influential role in the coalition government so they are definitely through with it because that's what we negotiated with in that programme for governm

the market 34% of the economy the fab five putting microsoft in there the question is, can they le levitate above a macro economy now they've done that. we are not saying their revenues go negative. when you look at the businesses and what is going on there will be pandemic benefits, you have to worry there will be slowing of things like aws and there was a little bit slowing of memberships they had more prime memberships sign on. at the time, we will think these growth rates will come in. that's the premise we look at the valuation of the company. we just can't make it work we use the discounted cash flow. >> to be fair and i've been covering amazon since they went public in '96. valuation never made sense to people and it never really mattered is there a down side to the upside we watched congress grill jeff bezos about being too big. they just got bigger is there a breakup put on this company, if you will >> yes, is the answer. the biggest risk is that washington steps in the bigger they get they didn't pay much taxes on the quarter even though they had tremendous earnings. so, yes, that

it's not jay powell's fault am s amsam amazon is the best way to buy things when stocks levitate, you can say where else is the money supposed to go the fed is taking away alternatives wrong. there are high yielding stocks that are okay that you can buy it's a question you got to do homework you don't need to be that creative to find something safe for the 5% yield but you have to actually open a book or whatever, a cyber book of course, the dividend stocks aren't the ones roaring here instead, the winners are stocks of companies delivering huge earnings growth and giving us encouraging forecast we heard that from amd and starbucks, a pair of great companies with the travel trust you can follow by joining the actionalertsplus.com club and they did something they wouldn't do before. they gave us guidance. reinstated and that's what is causing this rally reinstated guidance, confidence, not jay powell with low interest rates but american companies with a higher forecast we didn't account on the bottom line, go ahead. you can call it a bubble you can call it anti trust i don't care i cal

she's been right all along in this, but i mean, this last several hundred points seemed to just levitatedon't know, magic. magic. >> i would imagine all of the shorts are out at this point i hope for their sake that the shorts are out at this point at what point did you give up on that and would you take a look at this chart and incorporate what he bk said about comparing it to the bitcoin bubble which ended very badly would you short it here? >> you know what, i think you play with options. i've been out of the short mal for 1300 or 11 something in there. but the point in there, storty around -- story around the multipleals, you mentioned the he fundamentals, it's still way down some of this is liquidity flow some of this is, i was reading piper's thoughtful note last week that says we can justify 2300 a share when talking about 90% margin on a software package that would part of a purchase package for customers. there's all these ways to adjust dcf and most of these price targets are dcf and to me dcf's are throwing darts i stopped throwing darts on this long ago i think you play with

nasdaq's performance has levitated the stock of its parent company which reported stellar earnings before bell this morning. adena friedman joins us live right now to talk about all this and more. welcome back to the show. congratulations on beating estimates by a long shot on both the top and bottom line. you know, yes, mega-tech has captured investors' hearts but to me, a perhaps bigger story for you right now is all the biotechs that we just mentioned that trade on the nasdaq during this pandemic. i need you to tell us how that story has been developing for you. >> sure. well, liz, it's great to be here. thank you very much. we are really proud to be the home to biotech in the united states. i think that we have 592 biotech and pharma companies, we also have the nasdaq biotech index which has almost $15 billion of assets under management tied to it. and we continue to be the place where a lot of biotechs turn to in terms of supporting them as they're looking for investors and managing their lives as a public company. we are really really proud of our role in the u.s. economy when it co

people from getting in and out, it's actually part of a magical rite, and if done properly, they can levitate the pentagon. because the pentagon, everybody knows, is the ancient symbol of evil, so we have to do counter magic. this is kind of a goof. but the press is like, that's funny. it is like our poor republican friend down in delaware, gets a lot of news coverage for saying stuff that's special. well, same idea. the press is like that's cool. you have long hair, you're funny. can we take a picture of you? -- same idea. the president is like that is cool, you have long hair and you are funny, can we take a picture of you? suddenly it clicked. if you want attention and you are trying to reach the majority and get people to hear you, maybe you have to do clever, goofy stuff that rakes the paradigm. think about it. civil rights, very sober, people angry. these guys are like, let's make it funny, let's make it clever. dangerous. we are talking about war, people dying in vietnam and the american public is kind of fickle. it is another -- how do you do contentious politics and get the majority

and if done properly, they can levitate the pentagon. because the pentagon, everybody knows, is the ancient symbol of evil. and so we have to do counter magic. so this is kind of a goof. but the press is like, that's funny. it's like our port republican friend down in delaware who gets a lot of news coverage for saying stuff that special. it's the same idea. the press is like, that's cool. you have long hair, your funny, can we take a picture of you? it catches people attention. suddenly everyone kind of clicks. if you want more attention and trying to reach the majority and trying to get publicity and people to hear you, maybe you have to do clever goofy stuff that breaks the paradigm. the civil rights movement right? think about it. very serious, very sober, even the people who are angry. these guys are like, well let's make it funny. let's make a clever. dangerous. right? we are talking about war. we are talking about people dying in vietnam. but the american public is kind of fickle. so maybe to reach them -- it's another how do you

stanford university is levitating 11 sports programs. stanford is facing a $25 million budget deficit which will only get bigger because of the coronavirus. the 240 athletes affected won't be losing their scholarships, and coaches will still be paid through the end of their contracts. the sports being eliminated include fencing, field hockey, sailing, and men's volleyball. >> 2020 has been the worst year of my life, getting emotional because, i love the school, i love my team, i love everything so much. i love it altogether. it sucks that volleyball might not be a part of it. >> stanford looked at things like fan interest, possible savings, and the history of that particular sport at the school. this cuts coming academic year. >>> let's talk about the weather, things are warming up, and we can feel it already. >> a bit. thankfully you are not in livermore. where it's going to be pretty toasty. in the temperatures are jumping up. let's over the bay is over the burning back. there's been a decent breeze for some. warmer for most. morning f

they now decided to levitate again. it is hard to know exactly what it means on a daily basis. i'll say the pullback and the big growth stocks did not do anything to disturb the longer term up friend and leadership profile and the rest of it it's not a zero sum game either. it's not as if the big growth stocks have to fall apart in order for more cyclicals to work better i do think it makes sense even talking about the kind of bizarrely huge moves in mega cap stocks on no news like microsoft. i think it's unstable backdrop you have a lot of speculation and the faster moving names. >> you set it doesn't have to be buy or bubble. does that valuation gap, does that have to narrow again at some point >> i don't know if it had as to narrow on a sustained basis. you'll have the episodes where it just does get pulled apart too much the groewth stocks are expensive they're not growing very much to match those moves. yes, you have crowding risk. that is another thing that does happen i think you have a lot of crowding in names in terms of hedge funds and individual investors. that gets