the earnings event buy the august $82.50, pay $2.5 for that, buy one of the august puts for 3 bucks,ng one of the 70 puts at 50 cents, it breaks even at 80, make 10 bucks between 80 and 70 with your max gain below that. what's interesting is above below, you lose $2.50, about 3% of the stock price but this is just up on a massive, massive spike here. and i like the risk/reward of this trade because i have earnings that i think there's going to be negative headlines about trade the next couple of months. >> there's a couple of things i like about this trade. first fundamentally, you mentioned it was trading 30 times earnings that's a high number in the last five years, it was really only one period of time where this was trading a the a higher multiple, late 2015 had you bought it in late 2015 what you would have gotten was a 20% decline, not that attractive the other thing is thinking about any situation where you're going to naked short the stock, given the direction it's taken, that's a very dangerous exercise it's an ill advised exercise i absolutely think this makes sense. you've

such is the case here, and that's why i'm looking at the august, the 127, 133 call spread, you coulduy the 127 calls $2.67. so you're spending $1.65 against a $6 wide spread, less than 30% of the distance between the strikes. that's cheaper than they typically are to call for a breakout that helps mitigate some of the decay. this is not a situation where stocks you have an upcoming catalyst that could cause a breakout with a gap. i'm not expecting discontinuous. that's why it doesn't have as much decay you take advantage of fact that those out of the money options aren't as cheap. >> yeah, so throwing around that term implied volatility. you think about the last times that we've had some kind of macro pressure that is put, downward pressure on risk assets but caused gold, safe haven to rise the price of options is really cheap. so i think if you're playing for the breakout from a technical standpoint that carter sees and then you see the potential for some stuff to go wrong this summer and stocks to go south, this call spread the way mike is doing it makes total sense it's probably s

you could sell august 150 put about $2.75. use the proceeds and buy one of the august 195 calls for $2.75 like i said, it doesn't cost you anything on a mark to market basis, the stock moves toward the long call strike of 195, this trade should show profits on august expiration it is profitable above 195 on the way down, closer to the short 150 put strike, losses on a mark to market basis below 150, worst-case scenario, put the stock 100 shares per one contract short, and you will serve losses below it. the highest probability is that you don't have a big loss or a big gain if you're prepared to buy the stock at 150, down 15%, this is not a bad structure. and upside snap on any good news, this is also a good structure. >> i think the thing you start with is the key point. it is in no man's land it sold off quite a bit the last three weeks. it is oversold it has been a dud. it could never get back to its high what about selling the 190, 616 struggle it is like a stuck pinball >> do you buy here at 175, down 20% at six weeks i w

what i would do is just look out to august. the 130 puts were trading for about 2 bucks. that is an inexpensive bet one of the things we can notice from tlt i when it starts to move in a single direction, it sort of goes that way for a little while. we are trying to take advantage of that. i think that's the way you want to make a play that tlt could fall >> what do you think of the call and the trade >> i look at his cup and handle and that looks like an amazing breakout to me you think of the momentum and put together the fact that options are cheap in it. i almost take the other side and say i think you could have a continuation of the breakout and tlt can get back to 140 where it got to back in 2016. that's neither here nor there. >> it is important in how you get there. what we know is that in the next recessio next we are going to 1%. the fed could start buying stocks like th bank of japan. the day-to-day angle is a bit much you go to 140, you don't go like this you pull back. >> it's interesting. i think back to the time it was trading above 130. what did we have w

of course from august 1st till the end of december we saw an epic parabolic move in big queen and it went up to $19000.00 by the end of the year that is correct once released from this controversy the price started a. hyperbolic move north toward this 20000 price and i remember being quoted in the press that you know once we got past segue that this really opened the doors out to a new era scaling promise that would be coming is looks like it's going to happen and money started to flow into because of an accelerated pace cash went on its own separate way between stayed as users wanted it into this mix came basically chicago it wasn't wall street it was chicago and options and derivatives . we are recording this quite a few hours before the futures markets opened in chicago. has become a huge massive international story everybody's hearing about it we're getting a lot of tweets and a lot of e-mails asking how to buy it how to buy a people or panic buying and you're certainly seeing that i saw a chart of buys versus and it's all buy is no selling there's nobody selling so you're seeing

she talks about her reaction. >> part of the reason for that is, and remember this is august. we have had a racially charged period of time with donald trump's campaign, black lives matter and police shootings and tragic events in baton rouge and dallas. it was really a time when people felt like all they were seeing on tv about race was bad news. and here was first, a white man admitting that he was prejudiced. which for people of color, we kind of say finally.>> sunday night at eight eastern on c-

august 1st happens we see the user activate a soft fork and we see it the hard for to bitcoin cash the bad actors in the big space basically split off into this hard fork that sets in motion an epic run a parabolic run in the and the price of bitcoin we end 2017 with an all time high and because over 900000 hundreds of billions of dollars of market cap that sort of conversation that you and barry silbert had had when it was a mere $6000000000.00 a market cap had come true and wall street the futures markets the derivatives market which is a quadrillions of dollars market enters this space december 27th yet way out of the air pushing 840000000000 almost a trillion in market and the common was we're having to 5 trillion will see how that works. began to pay down the. democrats on the sounds of kind of fighting into the grown man like wrestling essentially officer hurley. through his tone. which is to do away from the officer of the toys out of his crew. the obvious or did they kind of lunge for the weapon once missed and then what happened on 3 swung at the officers hands didn't hit him

such is the case here and that's why i'm looking out to august. 127-133 call spread and you can buy the 137 calls which were at the money and $2.65 and it called for a dollar against it and you're spending $1.35 and that's cheaper than call spreads typically are and one of the things i would also point out here is that that helps mitigate some of the decay and this is not a situation where, like stocks, you have an upcoming catalyst that could cause a breakout with a gap and i'm not expects discontinuous pricing where you have earnings in the stock and that's one of the reasons why a trade like this it doesn't have as much decay and you're taking advantage of the fact that the out of the money options aren't as cheap as the at the money options are in the single stock >> mike is throwing around that term and implied volatility and it's the price of options and when you look at the price of options over the last five years and you can think about the last time we had some kind of macro pressure that has put downward pressure on risk assets and caug

so today when the stock was trading at about 112.25, you could buy the august 197 half put spread, paying $2, that breaks down even to 108. you could make up to $10.50, down to 97.5 your match risk is that 2 bucks. to me i like the risk/reward risking two, i have two months to earn this out i have an event in the name particularly, but i think i have the potential to grab broad market volatility here i like the risk/reward risking two to possibly make 10.5 if the stock is down 13% in the next two months. >> like the trade? >> i do like the trade considering what you're spending nor thing, it's less than 2% of the current stock price. and the valuation, you said that we are basically at 20-year highs in terms of valuation. >> yeah. >> and it is off the charts for the last 10. i mean if you take a look at this, it is just incredible. this is not a growth story, and yet it is priced as if it is that doesn't really make any sense to me. you know, one can only speculate that this is essentially a combination of two elements related to low rates you know, one of them is a chase for yield. the o

you could buy the august 190 put spread, paying $2.50 for that, buying one of the august $100 puts for60, selling one of the august $90 puts at $1.10, costs you $2.50. that is your match risk, between 97.50 and 90, you can make up to $7.50 between 97.5 and 100 below that, you lose $2.50 you're risking 2.5% of the stock price to possibly make 3x your money. err defining a risk, pressing your short, and it is controversial. if there was a magical answer to the trade war, this group is going to rocket back quickly, but i'm not playing for that i think this will be pushed out over the course of the summer coupled with bad earnings guidance. >> before looking at the structure of the trade -- i mean, that might be the case if trade sort of gets resolved, but there are also cycle peaks in semis prospectively, and it is not random that it stopped right dead cold at that dotcom-era high. >> talking about just the nature of pricing and cyclical stocks, it's interesting you know, you often will see stocks look cheapest at the top and look most expensive at the bottom, and that's because, basicall

this afternoon you could buy the august $190 put spread paying $2.50 for that, buying one of the august0 puts for $3.60, selling one of the august $90 puts at $1.10. it costs you $2.50 that is your match risk, you could make up to $7.50 between $97.50 and $100. above that, you lose that $2.50. you're risking 2.5% of the stock price to possibly make 3x your money. you are pressing a short this is controversial. this is also a name where if there was some magical relief to this trade war, this group is going to rocket back pretty quickly, but i'm just not playing for that i think we're going to have this pushed out over the course of the summer, coupled with some bad earnings guidance. >> in terms of before like the structure of the trade i mean, that might be the case if trade sort of gets resolved, but there are also cycle peaks in semis and it's not a surprise they stopped cold in that dotcom high. >> with the pricing of cyclical stocks, it's interesting, you often will see stocks look cheapest at the top and look most expensive at bottom, and that's because basically you're looking at

expiration when the etf was trading at 103 this afternoon you could buy the august 1, '90 put spread0 for that >> the semiconductor etf up about 9% in june so far. dan, how do you manage this trade? >> it is up 4%, week over week he obviously outperformed the s&p 500. we said if there's anything on the trade front on a positive measure, it is going to rocket back it did that. we know micron is going to report next week, two weeks after broadcom's negative guidance so let's see what they have and let's see what they have into the g20, because if micron and the g20 stuff is disappointing, the stock likely will be back in the low 100s. >> and the real thing is everything was up in june and semis adjusted for beta and risk, underperformed the market. not impressive stay short. >> mike, what do you think >> yeah, no, i agree we're taking a look as we were earlier at relative performance. i mean we obviously saw the market performing very well yesterday, not quite as well today but also very well, and some of tehese things are not performing well, acting terribly. >> in march mike and cart

1234. >> august?went down tremendously at the end of q4.a. >> august? >> expect takss went down tremendously at the end of q4.l >> august? >> expect takss went down tremendously at the end of q4.l >> august? >> expect takss went down tremendously at the end of q4.u >> august? >> expect takss went down tremendously at the end of q4.t >> august? >> expect takss went down tremendously at the end of q4.3 >> august? >> expect takss went down tremendously at the end of q4.4. >> august? >> expect takss went down tremendously at the end of q4.. >> august? >> expect takss went down tremendously at the end of q4. >> august? >> expect takss went down tremendously at the end of q4.>? >> expect takss went down tremuslythe end of q4.>>ugus xpect takss went dow >> expect takss nt d4. at? tremendously at the of qgust >> expect s weown tremendously ? >> expect s weown tremendoust thd of q4.gust >> et tawentown tremenuslythe of q4.ust? exptaksnt down >>ect s we down of q4.st tremdoust thd of q4.t? exptant down tremendo

, 190 put spread paying $250 for that, and buying the august puts and selling one of the august 90 putst cost you 25 on, and 90, you can make up to $97 and you risk the 2.50 and you are risking to possibly make extra money and it is controversial. this is also a name where if there was some magical relief to this trade war, this group is going to rocket back pretty quickly, but i am just not praying for that and i think we'll have this thing pushed out and pushed out over the summer >> that might be the case if trade sort of gets resolved, but there are also cycle peaks in semis perspectively and it is not random that it stopped right dead cold at that dotcom era high >> talking about the nature of pricing and cyclical stocks, it's interesting, you often will see stocks look cheapest at the top and look most expensive at the bottom and that's because basically you're looking at trailing earnings and this is one of those situations, if you look at where broadcom, for example, is trading on a valuation basis and it is actually more expensive in terms of forward valuation today than it was

item number 13-a to august 29. that was the slot that 233 san carlos had, and item number 17 to august 29, i think they said. >> if i might, just for one moment, speak to the continuance dates. we had requested july 25. i didn't hear that in the motion. if the commission is inclined not to give us july 25, then we'd prefer to go into september because of some schedules and other issues. >> commissioner richards: okay. how about, then -- i appreciate that. how about september -- >> 12 would be the date. >> commissioner richards: sept 19? >> commissioner hillis: why not -- why not in july? >> commissioner richards: because the san carlos one, it's already been heard twice. you don't have to vote for my resolution. you don't have to second it. >> second. >> clerk: very good, commissioners. there is a motion that has been seconded as proposed, item 2 to july 25, item 3 to august 27, and item 13 to sept 25. [roll call] >> clerk: your discretionary review item, number 17, has been continued to august 29. commissioners, t

>> well i think it will come down for a vote before our august recess.bviously, i don't want to speak on behalf of speaker pelosi but i can tell you, if it doesn't, the chances of it actually passing as we get closer to 202u there are a number of us that are committed to making sure that u.s. trade and the american worker are protected and debbie dingell is a very thoughtful member of congress hopefully we can get together and make sure that happens in the latter part of july. maria: but has the initial notice been sent which in fact starts the clock ticking according to the trade authority >> well, you're right to point that out. actually the white house has given the first of those notices to congress, there's actually a multi-step process, but that has been set in motion, was just a week or so ago, prior to the president leaving, so hopefully we'll be able to see that as we all come together here, in the next six weeks. maria: so then you do think it comes to the floor for a vote before the august recess then? >> i do. maria: let me move on to the inv

sadness as everyone remembers those 43 people that were killed as a result of that tragedy back in august last year built the new bridge is expected to be the most expensive in europe what can you tell us about the plans for that new bridge understand that the foundation has for at least a foundation stone has already been laid yes and they plan to go full steam ahead if you understand this is really a key challenge for this populous government in power now it's really they came into power in june 28th and then in august this tragedy happened that hit the morandi ridge when it collapsed so it really was the off key challenge and they're keen to show that they can fulfill their promise says the century they say the new bridge will be up and running and traffic will be running on it by april 2020 so the plans are in full steam ahead you have both deputy prime ministers my tail salvini as well as he need to be my present to be at the demolition keen to show a united front on one issue that they want this project to go ahead the project of course that sign of the new bridge by red so piano th

. >> sunday night on q and a, heather mcgee was a guest on c-span's washington journal in august of 2016 when gary called. she talks about that interaction and her follow up. >> part of the reason for that is you have to remember this was august. we had this sort of racially charged summer with donald trump's campaign, with black lives matter and police shootings and tragic events all in baton rouge and dallas. it was really a time when people felt like all they were seeing on tv about race was bad

was august. we had this racially charged summer with donald trump's campaign, with black lives matter and the police shootings, and tragic events, baton rouge, dallas. it was really a time when people felt like all they were seeing on tv about race was bad news. and here was, first, a white man admitting he was prejudiced, which for people of color, we were kind of like, finally. night at 8:00day eastern on c-span's q&a. c-span opened the doors to washington policy for all to see, bringing you unfiltered congress -- content from congress and beyond. a lot of

in 2016. >> part of the reason, you have to remember this was august.had this racially charged summer with donald trump's campaign and black lives matter. all ingic events, dallas. when peopley a time felt like all they were seeing on tv about race was bad news. admittingwhite man that he was prejudiced. all juste of color, we said, finally. former special counsel robert mueller at the house intelligence and judiciary 9:00ttee on july 17 at a.m. eastern to testify in open session about his report into russian interference in the 2016 election. watch live coverage and online at c-span.org or listen on the free c-span radio app. early this morning, president trump became the first u.s. president to step into north korea. leader kimh korean jong-un shook hands at the demilitarized zone and spent a few moments posing for photographs. president trump invited the north korean leader to the white house. the two met privately for almost an hour and agreed to form working groups. here is the president walking out to the line separating north and south korea.

everybody is on holiday in august, the european commission is changing... on holiday in august, the europeanon holiday in august, the european commission is changing... i think labour will try as soon as presumably boris johnson becomes a minister in late july to go for a no—confidence vote. they are much less likely to succeed them. conservative mps will say, give him the summerand see conservative mps will say, give him the summer and see what his brexit plans really. otherwise there would be an election in the middle of august. it has never happened before. i think tory mps, even the most remain would say let him go to paris and see emmanuel macron and go to germany and talk to angela merkel, talk to the new european council of you in september but it is worth stressing how few sitting days there are left. they come back in september but shortly afterwards, they go for three weeks of party conferences so the opportunities for mps to exercise these levers are pretty minimal and they will have to get it absolutely right otherwise even mps determined to stop a no—deal brexit may not be able

good luck, good luck for august and yourfurther studies but good luck, good luck for august and yourk you. nearly 300 more homes are being evacuated in lincolnshire because of fears a river could burst its banks again. people have already been moved to safety from a hundred properties in wainfleet near skegness after the river steeping overflowed. the raf flew in tonnes of gravel to try to repair the breach, but new areas are now under threat. our correspondent michael cowan has spent the morning in the town. it was after the river steeping broke its banks after two months of rainfall fall into days that raf chinook helicopters were flown in to fill the burst banks with 270 tonnes of sand bags, good news when they said that had stopped the flooding and river levels were starting to recede. but, people here still do not know when they can get back into their homes, and now fire crews work across the county, to feverishly pump water out of those affected houses. this is a very difficult situation for a close—knit local community. two teenagers have been killed in london in separate att

she talks about the interaction and her follow-up with him. >> part of the reason, this was august.had this sort of racially charged thing with donald trump's campaign, black lives matter and the police shootings, tragic events, baton rouge and dallas. when peopley a time felt like all they were seeing on tv was race was bad news. here was first a white man admitting that he was prejudiced for people of color was, we all said, finally. announcer 2: tonight at 8:00 eastern on to a >> next, history david stradling. he joins us from cleveland, -- he joins us from along the cuyahoga river in cleveland, where 50 years ago a fire helped galvanize the clean water and environmental movement. mr. stradling is co-author of "where the river burned: carl stokes and the struggle to save cleveland." this is a coproduction with c-span's "washington journal." >> the cuyahoga river, as most think of it, the brown stream that meets lake erie, an industrial waterway if banks populated by steel mills and factories, its channel filled with ships and tugs. ♪

sanchez will be gone august 14. don't tell me it's your birthday. >> it's the week after my birthday. i'll be coming back just for that hearing to be available. to ensure that it is staffed. so it will be okay. >> wow, you are a city guy. >> would august 14 work for the parties? >> i think two of the commissioners realized the 14th, we'll be absent. >> two of you are absent? >> we may not have is hearing because we don't have a quorum. >> right, we can put it on the calendar in july and we'll have a later evening. >> make it happen. >> okay. 17 or the 31st. >> you prefer the 31st? >> doesn't matter, but base -- >> why don't we try the 17th? we may have cases moving off. >> july 17 works for all parties? >> right. >> so we're amending the motion to july 17. on that motion from commissioner honda, commissioner lazarus? aye. that motion passes and it's continued. let's confirm, did you want the department to submit additional documents or just a verbal report? >> i would be comfortable -- city attorney, i think -- >> i

i expect that to happen in july, certainly before the august recess. then, if you go through regular order in the senate than lindsay graham and a judiciary committee would market up and mitch mcconnell would have to put it on the floor. it does have a majority of support in the senate. i don't see any problem and it passing it comes down to the leadership decided we need to move this and need to move it fairly quickly. the way it has worked in the past and much to the dismay of the responders is it has been attached other measures and has had to go through this legislative sausage making process that is rather on pleasant if you are the person affected. they would like to see it on the floor even on september 11 of this year to pass on its own. whether or not that will happen, i don't know. >> you mentioned mitch mcconnell after the jon stewart clip went viral, mitch mcconnell was asked about john stewart's testimony. here's what he had to say. >> we have never failed to address this issue. and we will address it again. i don't know why he is all bent

little wonder that on that day, august 17, 2016, donald trump wasn't warned about russian interference in this campaign. he wasn't briefed about the dossier, he wasn't briefed about carter page, and jim comey came out this week and said well, we didn't want to tip off anyone about that. the problem with that, maria, is that the same time they want warning and protecting donald trump, they were warning his political adversary and jim adversaries. on august 25, director john brennan picked up the phone and called democratic minority leader harry reid and briefed him on russian interference into the trump campaign about the steel dossier and about carter page. this is why bill barr is saying this stuff doesn't add up about the origins of this investigation and why he is, why he says it doesn't jive and we need to get to the bottom of it. >> here we are, the president's candidate trump, he supposed to get this intel briefing, they tell him yes you had to be careful about china and russia, but they don't tell him, in fact they are investigating him. they are investigating his campaign and i

the hottest august is definitely not the average climate change film.eople's anxieties and thoughts about what the about the environment. connections to climate change are loose at times and it can be how to identify what really binds the documentary together. but this film might serve the purpose the director intended, it documents the fears that ordinary people have for the fate of our world. and amid those fears, the hope that people can change the course of the future for the better. well, that brings this edition of talking movies to a close. we hope you've enjoyed the show. please remember you can always reach us online and you can find us on facebook too. so from me, tom brook, and the rest of the talking movies production team here in new york, it is goodbye as we leave you with this montage of sounds and images from the show. it's been raining like this for three days now. yesterday was the hottest day of the year so far with temperatures in london reaching 3a celsius. today is

maria: so then you do think it comes to the floor for a vote before the august recess then? >> i do. maria: let me move on to the investigate the investigators story because you've done such an incredible job in terms of exposing what has taken place and communicating this to the american people. there are now new questions about misrepresentations in the

she talked about the interaction and her follow-up. >> part of the reason for that is this is august.have had this sort of racially charged moment with donald trump's campaign, black lives matter, police shootings. tragic events in baton rouge and dallas. it was a time where people felt like all they were seeing on tv about race was bad news. here was first a white man admitting that he was prejudiced, which for people of color, we finally go finally. >> on c-span's q&a. complete guide to congress is now available. it has lots of details about the house and senate for the current session of congress. contact and bio information about every senator and information. plus, information about congressional committees, state governors and the cabinet. the 2018 congressional directory. order your copy from the c-span online store. >> earlier today, the house debated a measure that provides $4.5 billion in emergency spending for humanitarian aid and security at the u.s. southern border. the bill was approved by the house 230-195. the gentlewoman from

in august 2006 the u.s. has net imports of crude oil and petroleum products was over 13000000 barrels a day of oil. and then this past march that number was under 842000 barrels believe it or not so this graph takes you all the wood. to 973 so you can see that drop is very vivid in the way that it's happened and alex with us production ramping up so high how what is the effect on global oil markets. well the global oil markets it's basically we're in a bear market right now so even with countries like what we were mentioned a little bit earlier in this whale up under sanctions by the u.s. it doesn't matter that oil is being pumped out from the united states of america and the crude prices are also meant to mention the brant crude the $61.00 yesterday over $62.00 today that's mostly because of what happened in iran but still we're looking at low prices some analysts are even afraid that the prices might drop to $40.00 so this type of manipulation when you're telling stories about ships getting sunk that are c

auguste mentioned it to us, i jt thought that was so cool.nge as it sounds, i want 's see the piece of tissue thaused all these problems. >> i had one buddy who kept texting me, saying, have you flown through your brain yet, have your flown through your ain yet? >> reporter: that day finally u rived. >> hello, how are ys doing? nice to see you. rlcome, welcome, welcome. orter: dr. auguste began the session by showing the family a rendering of jake's head, with electrodes that were isplanted several weeks before to determine whereeizure activity was occurring. >> you can see how w strategically place all these electrod. >> reporter: then it was time to go inside. >> you guys think you want to fly for a little bit? everybodstrapped in here? keep your arms and hands inside uge ride at all times. ( er ) >> reporter: after orienting the family in the new space... >> okay, good, now, stop for a seco, mom. look over your right shoulder. >> oh, yes. >> okay, good. and then, jake and daddo you see mom and me? all right, good. so, here we are. >> repor

these are august 14 strike calls. earnings, i believe, the 5th of august, scott second one, u.s. steel, letter x. they're coming in on this one, buying calls aggressively as well one of those material names, you can see how it kind of bled off from march all the way into the beginning of june and now it's starting a little bit of a rally. maybe people are betting it comes back i'm in these calls as well quick update, se this one we highlighted just i think june 6th or something like that, scott. the stock has made a very nice move, the calls have tripled and now the stocks are selling off you only have half the trade on when you establish it, you have to take it off >> good stuff. >>> vietnam becoming a manufacturing hub as some companies try to avoid a trade war with china carl quinl quintanilla is live hanoi with his coverage. >> the headline that got my attention was out of lennar, talking about the additional cost to a finished home, because of tariffs on lumber so obviously tariffs and trade very much a part of t

it was great to be alive on this august evening.he is a history professor at the university of wisconsin madison. she is joining us in our focus on d-day to talk about her book "d-day through franchise." eyes."ch take us back to before the invasion. what was normandy like on june 5. what was it like? guest: the french had been under german occupation since 1940. in normandy, the food situation was the rest of france. it was the dairy land of france. it was the wisconsin of france. food.was more abundant at the same time, the germans took pretty much the majority of dairyod, the milk, the that they had produced. there was hunger, there was a lot of fear. gestapo, members of the resistance were taken away. it was a very grim normandy which greeted the invasion. most french norman citizens have an idea it was coming at some point, but they did not know when? guest: exactly. the year between 1943 in 1944, after the tide turned in italy. the french new the invasion was coming. this filled them with great hope. they did not know where and

decision to declare the treaty dead on august 2nd unless moscow announces it will destroy its programbefore then a unanimous nato stance that once and impossible to achieve. terry szell so reporting there and we can take you now to terry in brussels where she is still at the nato h.q. good to see you terry let's sepic up where that report left off with the end of that landmark arms control pact between the u.s. and russia looming in the back ground what i'm going to search is advocating where you are do they want to beef up a defense or do they want to try and bring russia back into the fold. officially ministers are still giving russia until august 2nd to come back into compliance which would mean destroying this massive expensive missile system and nobody thinks that's going to happen but they definitely want to be seen as giving every last chance to the kremlin there's expected to be a nato russia meeting next week so that at least nato can say look we tried until the very last minute not to abrogate this treaty not to have this treaty declared to defunct but the same time they're

the hottest august is definitely not the average climate change film.s about what the about the environment. connections to climate change are loose at time and it can be how to identify what really binds the documentary together. but this fellow might serve the purpose the director intended, it documents the fears that ordinary people have for the fate of our world. and amid those fears, and hope that people can change the future for the better. well, that brings this edition of talking movies to a close. we hope you have enjoyed the show. please remember you can also reach us on line and you can find us on facebook too. from me, tom brook, and the rest of the talking movies production team, here in the order, it is goodbye as we leave you with this montage of sounds and images from the show. hello. it is hot, it is human, and it is sunny it is hot, it is human, and it is sunny across many eastern areas it is hot, it is human, and it is sunny across many eastern areas at the moment, to which into the 30s. a good peak around 3a celsius this afternoon. a

host: we know congress typically goes on break in august. aside from what you listed now, what are other big things that need to be considered and passed by congress before that? guest: there has been talk about a $2 trillion transportation bill. that, in all likelihood, will not happen. priority is getting congress to approve the new nafta, the usmca. however, that looks shaky. there have been some negotiations going on between the white house and speaker pelosi, because that is where the action has to start, the house. if it passes the house, it will probably pass the senate. i talked to some members who safely want to get this deal done, first, democrats say we need to change some labor and environmental provisions on it. the administration has been semi-open on that, but has to pass by the august recess. if it does not, it probably will not pass because of 2020 politics. the other thing that has to pass as a budget deal. otherwise, we are looking at another shut down september 30 or october 1. to raise social spending. a lot of republica

with the august options right now, they are pricing in roughly a 5% move between now and the end of augustcant. it is about 8.5% to 10% between now and august. that is pretty sniffing it, so the options volatility is heightened, and that's what everyone here is focused on. vonnie: are you looking at any other asset classes as they relate to oil in terms of prices, or is this purely a geopolitical and supply-demand trade? in the other factor, we have sanctions that will be on by the end of june, and we have the opec meeting. whatever comes out of that july meeting is also going to be a very big packed or -- very big factor. but those will be offset by any type of military action in iran. as we have seen just over the last 24 hours, the u.s. president saying an attack is imminent, then authorized the attack, then pulled back from it. there's a lot of things moving back and forth. no one really knows what's going on. as for all year relating to all the commodity prices, as well as oil, everything is going to be joined to headline risk. everybody i know has their finger on the button, and they

now they are saying august 1st maybe. that's halfway through the fire season. do you blame pg&e for the fact this isn't open yet? >> unfortunately, i do. >> reporter: contra costa supervisor has seen enough of this unfinished fire station in lafayette, one that was supposed to open last year. anderson says the dispute with pg&e over the placement of a meter has caused much of the delay. >> we got into a back and forth argument about whether, in fact, the meter reader should be placed outside rather than inside. and it should not have required me as a county supervisor getting involved, bringing in pg&e's legal counsel to say, enough is enough. we need to move forward with this fire station. >> reporter: station 16 actually closed six years ago. the victim of various structural issues and budget cuts at the time. but in recent years, the decision was made to reopen the station in lafayette's happy valley neighborhood. long designated as one with high fire danger. >> so there will be an electronic display here where the engine company will be able to map their ro

they say it will open on august 1st.e people live in the happy valley neighborhood hope they will keep their promise. in lafayette, cheryl hurd, nbc bay area news. >> 400 passengers spent part of their day stuck in one of bart's brand-new trains for more than an hour. train broke down underground, triggering some big delays, forcing riders to evacuate through a pitch black tunnel. this is some video of it right here that one of the rieders shot. between the 12th street station and lake merritt station. passengers were told to walk down the dark tunnel until they reached the closest platform, which was several yards away. >> it was a little scary. i mean, getting out of the train, them opening the door and it's pitch dark. there aren't many lights. the bart staff were telling people not to touch the third rail. if you just deviate a little bit, you can get shocked and, you know, your life is at risk there. >> bart is trying to figure out if a mechanical failure or technical glitch caused this new train to stop. >> one of

bridge collapse without warning in august last year. well joining us now from rome is freelance journalist seem a good singer the general a bridge collapse was a major blow to italy's once proud engineering history just half an hour ago the remains of it were demolished as we just saw that were people around the country following this event yes they were very closely i mean it was being covered by local television channels as well as news outlets now seconds before it was demolished the sirens ran out and we didn't seconds the entire needs of that bridge would demolished a putins of dust spilled smoke rise rose into the air as the residents that could see the process applaud the appears it things have gone according to plan but we still seeing those want to cannon's heating up to control the dust i think for many of those watching there's a feeling of relief that this i so it's fine to be removed but at the same time a feeling of sadness as everyone remembers those people that were killed as a result of that tragedy back in august last