evidence for a meaningful recovery rally if you are a bull, tune in if you are a bear, tune in craig johnson from piper sandler. he looks at the charts for a living craig, what do the charts tell you? >> dom, the charts are constructive we titled the most recent book "on the ropes. the markets have been on the ropes this year with the worst start to 2022 in terms of equities and bond. things are looking more constructive, dom. we start looking at the s&p and reversing the down trend from the april highs. we see measures in the market that are really extremely oversold measures we look at are levels we rarely have seen over the last 50 years. there are a lot of investors that are still too negative and the breadth is just now starting to improve the sa&p is setting up for a rally. we reiterate 4,775 by year end. >> 4,775 that is a meaningful move higher where exactly are you seeing the pockets of strength within that overall trade? you look at the s&p 500. it is a market of stocks what will be the leadership here back to technology >> dom, it will be a couple of things coming off the lows is

for 30 years, this guy was behind the scenes doing the work for this partner in crime, craig johnson. [cheers and applause] if you have ever spent any time with cedric, his phone does not stop ringing, you can't get him alone and he is working day and night. he manages nine programs for us. he also is dealing with the courts. dealing with clients. i've never seen anybody do so much at one moment. i want to bring up my peer, my friend, my colleague, cedric. [cheers and applause] >> all right. [cheers and applause] >> all right. good afternoon everyone. >> good afternoon cedric. >> so once again, the community has spoken, and once again, the mayor has listened. the reason why this happened today because the name of this project is called the minna project and we were trying to figure out a name until i looked it up and found the arabic meaning of minna and it says, god will provide. [cheers and applause] so that has to be the name. so the first thing, i again, i just want to first thank mayor london breed for all her support and for all her love. i want to thank supervisor safai also fo

. >> oh, are we ever in earnings season craig johnson, we thank you.dler, chief technician. >>> coming up, growing trouble nfme franchisees are showing no coidence in the mcdonald's ceo. that story next. your record label is taking off. but so is your sound engineer. you need to hire. i need indeed. indeed you do. indeed instant match instantly delivers quality candidates matching your job description. visit indeed.com/hire >>> some mcdonald's franchise owners are becoming disenfranchised with the company's ceo. a new survey out from a franchisee group said a majority supported calling for a no-confidence vote kate rogers has more on why they're so frustrated. kate. >> the national owners association, which is a large independent mcdonald's franchisee advocacy group recently polled it's nearly 1,000 members and about 700 responded. an overwhelming 87% support calling a vote of no confidence on the ceo and the u.s. president. it is worth noting mcdonald's has reported it has 2400 franchise owners in total. the poll comes on the heels of changes being ma

craig. john, good to see you. i hear boris johnson want to leave. >> no, he wants to carry on until possibly october. he made a rather graceless statement outside 10 downing street yesterday. no apology, no contrition. seemed to be blaming everybody else for all his woes. and he said he wanted to stay in downing street until perhaps early october. there's been a fierce backlash against that. some mps and former politicians like the former prime minister john major said he should go now. that's not going to happen. there isn't really a mechanism in the u.k. for a caretaker prime minister. >> why not the deputy prime minister? >> yeah, we have a deputy prime minister, that is correct. but the british constitution really suggests that the deputy can only really take over if the prime minister is incapacitated or ill. you remember a couple of years ago mr. johnson was quite ill with covid, but we've had a bit of drama in the last hour or so because we've had the first of the big beasts entering the contest to succeed boris johnson. richie

johnson has taken the line of blaming everybody else except himself for, you know, for the difficulties the event. but he's also using you, craig and saying that, you know, he's almost, you know, page himself with, he may need to remain as private as to see us through a conflict. i mean, this is, this is typical. typical johnson he's, he's his now is desperate. he's lost the confidence of the british people. he's got the confidence of not just, not just his background champions, but now we're talking cabinet minister. so the pressure is mounting on him. and of course, as every leader has done in the past, margaret thatcher did it when she was in great difficulty. she, you know, she, the, a one a general election of the back of the focus conflict. and this is absolutely no different. and he's trying to run a patriotic support for him as data and saying that it will be a disaster removed to remove it. but everybody else can see through this, and i think it would be a disaster for him to stay on view, as has reportedly been pressuring the netherlands to stop selling computer chip making equipment to china, allegedly, in an effort

johnson who says he's stepping down. there's britain prime minister that's after he failed to impress fellow conservatives on the home front. despite drumming up military support for you, craig, our country is facing immense challenges. i firmly believe that the public are ready to hear that truth with broadcasting live director of the country's government, masters of angry protesters in the south. asian nation have flooded into the streets and stormed into the homes of the president and prime minister, both of whom have announced that they will resign. the the, the prime minister's home was set on fire with the massive blaze ripping through the extravagant residence. as drove of protesters gathered round and filmed the inferno, neither the p m nor the president were in those homes while they were being rated. 6 the leader, the president said that he would step down on wednesday to ensure a peaceful transition of power. he is now reportedly inside. it protested, had wanted countries leadership to resign over failures to contain the nation's worst economic crisis in its over 70 year history. widespread protest have persisted for a month. it's using the government of perpetuat

johnson who says, be stepping down as britons prime minister. that's after he failed to impress a fellow conservatives on the home front, just by drumming up military support for you. craig. our country is facing immense challenges. i firmly believe that the public are ready to hear that truth. a broadcasting live direct from our studios in moscow. this is our international. i'm john thomas. certainly glad to have you with us. i know violence, fire and chaos entry long as a severe economic crisis, mid fuel shortages and a state debt default has uploaded the country's government masses of angry protesters in the south. asia nation to have flooded into the streets and stormed into the homes of the president. and prime minister, both of whom have announced that they will resign the the, the prime minister's home was set on fire with the massive blaze ripping through the extravagant residence. as drove protesters gathered around and filmed the inferno, either the pm nor the president were in those homes while they were being rated. the beleaguered president said he would step down on wednesday to ensure a peaceful transition of power. he is now reportedly in hiding. proteste

craig this week, that either experience in all my time. and i'm please, we've got here today, bit, we should have been hit months ago, and recognizing that force johnson was not going to allow us to win the next election that was proved to the local election results in the by elections as well in the polling to we were constantly fire fighting, we weren't able to get on to the big picture issues and provide that vision that the britain actually requires. and i'm afraid that wasn't any sense of contrition. there wasn't any sense of apology in that speech itself. but we all way we are, we draw a line, we now need to have that important leadership contests and have that quickly efficiently. so we can actually choose a new leader and start to regroup and rebuild that trust with the british people that we've hemorrhage of the last few months. it's a lot of consent. i put it probably mildly when i describe it that way about the fact the forest johnson is going to stay in danny street for potentially up to 3 months. i mean dominic cummings, i well no nemesis at the prime minister said the promise to my course carnage if he's allowed to stay. john major, a fo

craig, mark a professor and also the author of the abbe restoration. we appreciate your time on his knees. alan. if i can, let's move on now. and 2 other world news bars, johnson says he intends to stay on as u. k. prime minister, despite resigning his later of the governing conservative party, he says he'll continue in a k to a capacity until potty members elect his successor. because our growing for his immediate departure, the stage is now set for a leadership race that could take weeks. let's bring in poll brennan, who's been covering developments in london. hello, the poll bars johnson wants to stay on in a k. take a capacity. will that actually happen, though? when it can happen? because there's no definitive mechanism for removing him if he doesn't want to go voluntarily. i mean, it is traditional for the outgoing prime minister to at least have a hand over period before the new prime minister comes into office. there are differences though, between, for example, gordon brown, who lost an election or david cameron, who was on the wrong side of the bricks. it debates and theresa may, who couldn't get legislation through those. those were matters of polic

craig is here with me. >>> boy there was big news overnight, early the morning that's where we start overseas. uk prime minister boris johnson is expected to resign. this right here is a live shot of 10 downing street in london, the official residence of the prime minister where boris johnson is set to speak in just a bit. >> johnson, of course, no stranger to u.s. politics either having formed that bond with former president trump and also working quite closely with president biden since taking over as prime minister in 2019. >> the resignation coming after a series of high profile cabinet resignations and multiple calls to step down, including some members of his own conservative party on live television yesterday where members of parliament took turns telling johnson to, face it. it was time to resign. >> the public can't afford to put up with this farce of a government a minute longer. >> and at some point we have to conclude that enough is enough. i believe that point is now. >> once again the prime minister puts political survival before public duty. >> does the prime minister think there are any circumstances in which

craig: about vandals? stuart: you had to bring that up. we are not going to run it. raymond asks this. happy belated birthday, with boris johnsonhe fixed socialism and gave us in your of prosperity, she was a wonderful lady. what have you gotten? ashley: winston churchill, come on, got britain through the second world war, he was so inspirational, not a bad combo, churchill and thatcher. stuart: one last one i've got to get into. peter writes what talent do you possess that is unknown to your viewers? happy birthday. i don't have any hidden talents so you are a tennis player. susan: i do horrible british accent once in a while. stuart: we noticed. lauren: i have no talent, jack of all trades and master of none. stuart: we don't believe that. come on. ashley: has to be sports. i play a lot of golf, tennis, you name it, i love it, sports is my life. >> we should do this, maybe on the line at some point. stuart: my age you got to figure -- i've got to go. time for the friday trivia question and this is a really good one. what is the record time for the longest breath held? 2 minutes and 25 seconds? 10 minutes and 11 seconds? 18 mi