bull, got to stay timely. and every and it was a written end of the homeowners association. i have a burglar in the book. i'm not a big fan of burglars. i had them breaking into a trailer and had a screwdriver and out flies up pit bull, there is a big struggle, the guy takes a screwdriver, a life or death struggle. the dog is dead as a doornail but stuck on his arm. it begins a relationship, 104 pages, it was -- in a way it was a disney journey. he names, he becomes delirious from the pain and names the dog and drives it everywhere. go through the toll booth at the turnpike, you pet the dog and i just didn't find anything strange about it, the ultimate pit bull story. i was out doing what little touring i did with a bunch of lawyers when the book came out. it was a lawyer's luncheon, some guy comes up, who told you, who told you about the pit bull? i made that up, are you kidding me? he proceeds to tell me the story. he lives in a nice neighborhood, he is walking his golden retriever, minding his own business

he fled up into canada with sitting bull, stayed with sitting bull for four years. at the time this was a major international incident. the united states wanted sitting bull back in the united states on a reservation. eventually sitting bull and strike the kettle returned to the united states. sitting bull was killed by lakota tribal police. when he was killed, strike the kettle was with him. sitting bull was surrounded by his friends trying to protect him. strike the kettle was wounded in this incident. he went on to paint this muslin. it's unique because of its size. the other thing is it does not represent one single event, which is usually what these paintings do. the museum brought up a life-size photograph of this muslin to the pine ridge reservatiohn to work with elders to try to understand what going on in this painting. what they say what they think is going on is that a series of preparations leading up to a ceremony or an event is probably taking place. they point out pairs of pipes and the pipe bowls and stems are close together, signifying a ceremony is

there's always a bull market somewhere.d it "mad money" starts now hey, i'm cramer. welcome to "mad money. welcome to cramerica other people want to make friends. i'm just trying to make you some money. my job isn't just to entertain but to educate and teach you so call me at 1-800-743-cnbc. or tweet me @jimcramer. >>> the averages rebounded nicely today

almost like the bull run. good to see you. happy friday. chips are down on wall street on the final three minutes of trade. the countdown closer says it's a different kind of chip you should be betting when navigating the market. he has $25 billion under management. we welcome chief market strategist dan marshall. >> the semi conductors in general. >> microchips, we use them as a barometer and a roadmap for the market. in my opinion based on some of the research i have done there tends to be a positive correlation between a relative performance of semi conductors in the market in general. when the semi conductors are out performing the s&p 500 since last right. the s&p 500 broker to new highs in october and continued into the end of the year. the relationship tends to lead at bottom and top. if we watch it closely the semi conductors continue to upward underperform all the other market will continue to go higher. >> with the exposure to china, they get nearly all of the revenue were the greatest part of the revenue from the mainland. >> a l

mike wilson says the bulls are still in charge. no do you he says the fact we only sold off a paltry 3.5% on valid growth concerns suggests that the buy the dip mentality and the liquidity driven bull market is still very much in charge. >> i don't think growth expectations are that high this year i feel like even if there is an incremental happened cap being applied to the growth expectations also also an opportunity to invest. on the flip side this move in equities you have seen continued yields go lower in treasuries. again it is an alternative where do you want to put your money. cash is paying nothing bonds are great in terms of the volatility perspective if you look at 1.8% global growth or 2.3% global growth, does that change the narrative that you want to be in stocks. >> the coronavirus bears, if you will, okay, the story was teaming to in some respects, steve, it was going to pry the market away from the bulls it worked for a little bit but then you had this reemergence of the bull run. you had the -- you know, the record

red bull acquired and rebranded them as a fifth tier team eleven years — that‘s the equivalent of the football within just eight seasons. they finished third last season and this is the man who spurs will fear the most — timo werner — a striker who like most of leipzig‘s squad was bought young and cheap, none of their players tonight cost more than 20 million pounds. but that approach hasn‘t stopped their critics. red bull managed to evade rules about names and sponsorship by technically naming the club rasenballsport leizpig a decade ago. back then about 2,000 fans came to watch them — but now leipzig have tapped in to the east german market and get 40,000 at home games — you can see some of them here out in london this evening. it would be a remarkable story for them and their young manager if they were to get anywhere near europe‘s big prize, butjose mourinho will use all his experience to try and stop that tonight. let‘s have a quick look at some of the days other headlines. the manchester united manager says he touch and go whether or not you‘ll be here the season. and he has a s

it must be a pit bull.ive-looking pit bull that's in hollywood." >> stephen: he's an incredible dog. ( cheers and applause ) you've dedicated a lot of time to supporting the image of pit bulls, rehabilitating them in people's minds. why is that so important to you? >> well, we began fostering about four years ago because, you know, we travel so much and move about, but within 36 hours of fostering ginger, who is now an international superstar on social media, we knew we had found the dog for life-- for the rest of my life, certainly. and then we discovered we couldn't take him to england because he's a banned breed. they call it "breed-specific legislation." there are four breeds banned, and one of them is pit bulls, because they're dangerous dogs. now, they're not dangerous dogs. all pit you bulls want to do is make their owners happy, please them. but if that means-- ( applause ) thank you. if that means fighting other dogs because it makes your master happy, yes, you'll do it. because you're pleasing the

a great day for the bulls on wall street. the s&p and nasdaq posting record closes and the dow jumping more than 480 points with stock touching fresh record highs our next guest says don't chase the rally. why do you say such crazy things. >> i don't know, stocks going up 10 oh% in a month. that might be a bit of froth china throwing a ton of money at the situation. the fed throwing a ton of money at the situation what we've been saying is you should have put cyclicality on, puppet on risk now you want to start harvests it save the risk for a rainy day. but at some point we have a repricing of risk. take the opportunities to start repositioning the portfolio. there are a lot of opportunities we see but more so on the lower risk side. >> what are the opportunities. >> we didn't like the bond proxies we are starting pick up those. latvia we downgraded the semis we are no the going back to them but at the same time we said take profits on. >> bond proxy reits, utilities. >> reits, utilities, lo vol products, anything that has a

going the see 3 or 4% for this quarter and i wasn't expecting anywhere near that i am an earnings bull, and i thought this was the trough. if this is the trough then we have a lot to look forward to in 2020. >> from a global manufacturing standpoint the number yesterday got a lot of people thinking the worst is certainly behind you. you do a 50 after think you are going to be stuck in the 40s for a bit. >> we were stuck in the 40s for a bit. 50 was very well expected. the u.s. ism lagged all the other countries' pmi if it had cop in below 50 that would have worried me. we were talking before the show started, emerson cat today. >> united rentals. >> is that risk on or a response to earnings. i am going to disagree sales, $19 million, i don't know if that's the pell weather i look at. it is a mixed bag. auto sales yesterday were much better than expected on the other hand, google just missing on revenues is not really what you like to see. i am putting this all together and i am saying, this is a great opportunity to have dry powder i still stay with that i bought om last week. it is a

and what is the bull case near-term from here? >> so it's not just a near-term bull case.hink it's a multi-year and a long-term bull case. because if you look at the company, more and more of the revenue is moving to a ee ratable business model subscription office moving to 365 the on premise server products moving to azure. windows and offerings like microsoft 365 getting people to pay on a skrurpgs basis for things like windows. what that means is not just more predictability of revenue stream but means they are getting lower churn rates over time. which equates to more gross profit i think they are becoming utility. and i mean that in a positive sense of enterprise computing. yeah, i think it's -- it's got a long road ahead of it. >> heather, karen let me have you bounce back to facebook a second i think you have a $250 target how do you get there is it earnings expansion is it a multiple change both how do you get to the valuation? >> so we look at it a couple of different ways we look at it on a discounted cash flow basis. we look at it on a -- on a cash flow basis we

adam jonas lowing out a bull case where tesla could hit 1,200 a share.y though sticking by the underweight rating on the stock. it could hit sprattly bernstein raising rising the price target to 730 to $325. the analyst saying it's time to start believing the company can sustainably be profitable. so do we actually, b.k., believe either of the calls? i want to -- morgan stanley is not wildly bullish they have the superhigh target if certain things happen. >> i'm not sure that's superhigh the way the stock traded the last couple weeks. we could keep reach that in a couple of trading days if you look at the calls it's what the market has been pricing in six months ago, a year ago you thought tesla might go out of business they were going to have a cash problem, have to raise money now they are profitable. that's what the market, surprised the market that's where we are. the calls are great analysts but i think they are looking in the remember view mirror on this going forward what you have to look at is can tesla now make that transition into the car compa

i believe in the bull case i'm aligned with the bull case of partners. in the bear case of nathanson. reid in florida. >> caller: boo-yah, jimmy chill calling from clearwater, florida. >> jack, we're ready for you what's shaking >> caller: your thought s on virgin galactic. >> not a lot of stock around do not touch it and that, ladies and gentlemen, is the conclusion of "the lightning round. [ buzzer ] >> announcer: "the lightning round" is sponsored by td ameritrade i see best-in-class platforms and education. i see award-winning service, and a trade desk full of experts, available to answer your toughest questions. and i see it with zero commissions on online trades. i like what you're seeing. it's beautiful, isn't it? yeah. td ameritrade now offers zero commissions on online trades. ♪ apps except work.rywhere... why is that? is it because people love filling out forms? maybe they like checking with their supervisor to see how much vacation time they have. or sending corporate their expense reports. i'll let you in on a little secret. they don't. by em

because going into that the 11th year of a bull market, the building blocks foundation if you will is still very, very positive. that is low inflation, low interest rates, growing economy, growing earnings and strong balance sheets. these are the building blocks of actually create returns. that actually hasn't changed with the coronavirus. incrementally the news is getting a little better when there are more people contracting it. but in terms of finding a cure and being able to treat it. i think the news is getting incrementally a little bit better. we need a reaction in the market. the 7-foot thing the dat and healthcare side, the worry is when the market goes off on the china coronavirus issues. because you've got planes, no in-n-out travel there, airlines are saying were not traveling to china. you've got companies like starbucks and google are shutting their offices there. are you worried about parts shortages, component shortages, medical supplies. i was on the phone with a hospital guy the other days who said they were waiting for simple things like plastic gloves and masks. ar

that i mean what happens we're going to see big fall below 9000 again or we're going to see these bulls push the price back up because i remember this and this was maybe about a year ago you told me not on the air but you said we're going back to 20000. i don't think we'll get back to 20000 i think that will eventually happen but i also said i believe it's going to take a long time to get there it was not going to be as quick and that's actually a good thing if prices rise the way that they rose at the end of 2017 that was a positive for the market it was a lot of people trying to get in not because they actually saw a big coin as a sustainable currency or as technology they saw it as a quick way to make a quick buck and that's not what it's there for look i think right now do we see it actually drop further than then 9000 it's possible the question is going to be how did the bulls react to all of this some of them kind of got caught off guard by this latest drop where they when they thought they were going to push it above 10300 it didn't happen but i think the question becomes do we h

a woman was holding a baby when she was sgrazgrazed by the bull. the baby was also injured.t may have been dropped in the shooting. both were taken to a trauma center to be treated. fremont police are trying to find the suspect. but detectors belieives believe have gotten away in a car. police are saying that they don't think this was a random shooting and not

. >>> a man and his dog were attacked by two pit bulls.describes his desperate struggle after the owner took off. >>> an outpouring of emotion as a lakers returned to the court to pay tribute to kobe bryant. >> we are grieving and heartbroken. when we go through things like this, the best thing you can do was lean on the shoulders of your family. >> a first confirmed case of coronavirus in the bay area. health officials are retracing steps. >>> we are streaming, breaking news in contra costa. a shooting at a basketball game, happening at 9:00 at deer valley high school. it is not clear where the shooting happened. there is evidence markers outside the building. police were seen speaking to people in the parking lot. police said one person was shot, we have no word on their condition. we are following breaking news in union city, where police fired at a pair of suspects during a high-speed chase. we go to betty yu with information on the shooting.>> reporter: at this hour, union city police have parts of the streets blocked off for this inv

the bull bash continues. records across the board for major averages.ll rings] i'm so glad you're here to witness another three in a row. dow, s&p, nasdaq all in never-before-seen territory. that will do it for "the claman countdown." connell: another day of records on wall street. all three major averages at record highs. fourth day in a row we've seen it. we have china cutting tariffs on imports into the u.s. some argue easing of political uncertainty now that we're past impeach and everything. i don't know. the way we got past it, president trump taking his version of a victory lap at white house following the senate acquittal in his impeachment trial. in the midst of all that, the dow closes up by 88 points. the sixth record close we've had this year. good to be with you. only thursday by the way. i'm connell mcshane. melissa: feels like f

this is "bulls & bears". we've got a very special edition of "bulls & bears" tonight.oxbusiness green panel is in for the hour. lou dobbs. charlie casper arena in fulton, probably dreaming? >> how would you like to get stuck in an elevator? is great to have you here. our dream team. let's get to it. lawmakers and health officials raising new concerns as the horror of health organization is reporting that for the first time, more cases of coronavirus are being reported from outside of china. stocks reacting to every headline today. the dow rounding earlier, up more than 460 points but that it came down. how long will all of this volatility last? be met three days. >> it's very cold. the professionals dealing with the volatility we are looking at. my guess is we have seen at least the beginning of a period of stabilization with today's mug we did get up 461 points, we are down 100, that looks very good against two days which we lost over $2 trillion. i'm voting for stability right now. we'll see where that leads. it's largely dependent on the coronavirus and what the pre

you know, the bulls i understand are calling in a second deejay to ramp up the music. stocks in rally mode ahead of tonight's state of the union address. president trump will face lawmakers on both sides of the aisle ahead of tomorrow's historic senate impeachment vote. t-minus two hours until the delayed and confused iowa democratic party announces the winner of last night's iowa caucus but the democratic candidates have already skipped town to refocus and rebuild in the granite state. what we are going to do is take you live to new hampshire to get the latest on who's doing what. make no mistake. this rally is powered not by politics but by news that the coronavirus has just jumped from host to host but even though it's killed 427 and infected 20,000, it is not mutating to outsmart doctors, according to the scientists. but why is the nasdaq far outpacing everything else when it comes to percentage jumps? because tesla is reaching heights even its outer space loving ceo elon musk couldn't dream of. could the electric vehicle giant make it past the 1,000 mark this hour

one is a pit bull lover. maybe the other not such a pit bull lover.heated and the thing is that's why i don't like these -- this pussy footing approach. i think if they will vit, have the argument and have it out and see where it goes. >> ed: barking up the wrong tree. >> julie: thank you for that, ed. i want to move on to robocalls. they're very annoying. the fact that you have a phone call coming in on your phone with a local area code and might be somebody you know. i don't answer my phone so i don't have the problem. for those who talk on the telephone you can't sue. realistically does a class action lawsuit seem probable? >> just what we need. more lawsuits. so you have these robocalls coming in. first of all i don't believe any of these do-not-call lists. i feel whenever i sign up for them and i've signed up many times, i feel like the following period two or three weeks i get robocalls like crazy. so i think that when you sign up for do not call you go on some robocall list and they call you all the more. i think these lawyers, when they come w

suddenly you see what's happened is, there's a bull case developing a china bull case. we're getting our first data that shows a much higher percentage of people are recovering from the disease while fewer die, which suggests maybe we're through the most lethal stage more importantly, at least as far as the stock market's concerned, a legendary hedge fund manager, ray dallio, says concern about the outbreak is exaggerated. according to him hardly anybody's going to be talking about this virus in a year or two. that's academic what we needed, a good old-fashioned hedge fund manager tells us fears are 84 done come on in weather's fine. i know he didn't say that, but that's how the market interpreted it, his comments, or misinterpreted them. what happens i think we got a sneak peek into what this market will look like once this outbreak is truly beat let's go to the tape first the cruise ships despite unappealing steps recommended by the cdc yesterday to make these quarantine ships sound like floating hospitals, anything that gives these companies relief is met with massiv

i am one of those bulls who thinks that ultimately they still have demand. whether it's the demand now or whether it's a demand one month, two months from now, you have 46 billion in services ref knew. >> i think five or six years ago this is devastating. but the world has changed a lot, passive investing is now the norm i think money continues to flow in the concern for me for apple so none of this, it's just vags and 21 times next year's numbers, this is historically at the deep end of the pool for them the market doesn't seem to care whether it's the broader market or apple at some point it does and that would be my concern. >> karen, you were asking about how much inventory do they have, what's the cushion there what if they close the factories again? they could say, never mind, never mind. >> 10% have come back. i don't know how much production they can do. they are lucky on timing this quarter and next kwuquarter areh lowest earning quarters of apple. that's a little luckin coffee. so it's oney so it's one stretched. >> the stock has done nothing. thin

"bulls and bears" now. >> we were treated unbelievably unfairly. and you have to understand we first within through russia, russia, russia. it was all bull [bleep] but now we have that gorgeous word, i never thought a word would sound so good, it is called total acquittal. david: the president taking a cele--celeb -- victory lap overs acquittal and calling the trial evil, as nancy pelosi explains why she tore of the president's state of the union speech, this is "bulls and bears," thank you for joining us, i am david asman, joining me on panel, gary kaltbaum, liz peek, and robert wolf. nancy pelosi still under fire for tearing up the president's state of the union speech, where he tightetouted his economic po, she started tearing process during the speech positive. here how she is defending her actions today. >> it was a -- in my few a manifesto of mistruths, he did not inherit a mess. he inherited a momentum of growth in our economy. he still has not matched president obama's growth in the stock market, if you call that a real measure of success.

] >> bull [ bleep ]? buzzer ] [ fog horn ] >> okay. >> i don't know. >> it was a mechanical bull. >> oh. [ laughter ] >> that's exactly what that was. [ laughter and applause >> that's so hard. >> jimmy: that was perfect it was perfect all right. it's time for the final round. it's going to be - >> no. >> jimmy: oh, my god >> all right >> --seen a virtual mechanical bull before. >> yeah, yeah, yeah, no. >> all right, here's the show down lil wayne, you will draw this. if claire guesses the clue first, then you guys win if lana or i get it, then we win. >> okay. >> okay. >> jimmy: here we go all right. ready? all right, it's up to you. you can pick a clue. which one? >> i have to pick the number >> all right >> jimmy: yeah [ audience shouts [ laughter ] >> jimmy: i guess the audience just saw what the word was >> what's the category or whatever it's, like - >> it's a person >> person. all right. [ laughter ] >> okay, here we go. >> okay. >> all right, let me know when you're ready >> all right >> you ready

the bulls were closed with a leather feel that hurt players head but 3 friends from bellville invented the super bowl with an invisible seem that is currently used today this city is considered argentina as a ball capital and what makes this balls unique is that bare hand made something that generates hundreds of jobs every. but the dire economic situation in the country and imports from china and pakistan are having a strong impact in factories like this one that are struggling to remain in the. family has owned this factory for years he says in the past for production has dropped dramatically the previous administration. allowed imported walls to take over the market. when the g 20 happened with all the presidents from around the world. president's made in china we have all these factories here that need to so. he says in these past 2 years he has been forced to reduce his staff more than half of those on us i had 104 years and now i have 15 working and like all small companies if we had a decree that we could fire everyone we should have done so we were working to remain open to tho

he will be our guest on "bulls & bears."w york state association of chiefs of police will be talking about the trump and como dust-up today. we have a full show. connell: see you at top of the hour. david. >> sure thing. melissa: act of contrition. houston astros with words of regret about the team's sign-stealing scandal. details next. ♪ do you recall, not long ago ♪ we would walk on the sidewalk ♪ ♪ all around the wind blows ♪ we would only hold on to let go ♪ ♪ blow a kiss into the sun ♪ we need someone to lean on ♪ blow a kiss into the sun ♪ all we needed somebody to lean on ♪ the new xc90 plug-in hybrid electric. xc90. recharged. connell: they issued there are first public apology since the scannedalscandal broke, some ofs of houston astros. >> imreall i'm really sorry aboe choices that were made by my team. by the organization, and by me. i have learned from this. and i hope to regain the trust of baseball fans. >>> i am sure that satisfies a grand total of no one. >> that was pretty weak. if i were astros, i would mak

food bulls have helped arjun tines laugh and cry throughout the years but in this factory in bellville in the central province of course they have played a much bigger role. at a metal camera has been producing them since he was 11 years old it was his 1st job and it's been his passion since then juggling i was raised in a factory and my 1st payment was a pair of jeans that was my salary i'm talking years ago and now i see they're importing balls and they blow up on their own because it's not the quality we have we want to make the best balls handmade that can make it to the leave. until the 1930 s. the balls were closed with a leather feel that hurt players head but 3 friends from bellville invented the super ball with an invisible seem that is currently used today this city is considered argentina as a ball cap. and what makes this walls unique is that there handmade something that generates hundreds of jobs every year but the dire economic situation in the country and imports from china and pakistan are having a strong impact in factories like this one that are struggling to remain

up next is one of wall street's biggest bulls.ring in julian emmanuel i think you had -- by the way, welcome. >> great to be here. >> the third highest target in the s&p 500 of the watch strategist, correct? >> yes >> are you still there or are you taking the number down. >> we're still there december 31st, that upside only represented about 6% so from that point of view, there is still a note of conservativism going on in the community. we look out and we look at election hedging there's still conservatism going on there the thing is that the market x, even if we didn't have the coronavirus as a catalyst. we got so overbought in january we look at the monthly relative strength index, you hit 70 13th time in 40 years. two things tend to happen. number one, looking out medium and long term, stocks continue advancing. double digits. there could be upside risk to our 3450 number, but the bigger picture is that things become more volatile. with what's going on politically and in terms of the public health -- >> we have the second bigg

they have a big impact in the community as they hire local sewers to create the bull's body. that he learned how to sew balls from his mother he has 5 children and says he can make a little extra cash every month. or so i started sewing balls when i was around 5 years old to help my mother this is the only job i have for now i don't have anything else aside from government help it's difficult these days to care for my children everything is expensive with inflation argentina needs around $4000000.00 a year factories like this one say they could survive by producing only 20 percent of what is needed there only waiting for the government to look their way. argentina. this is al jazeera and these are the headlines turkey's military says its attacking syrian army positions after 33 of its soldiers were killed in fighting in the province the un has warned of a dangerous escalation and is calling for an immediate cease fire simcoe cielo has more from istanbul. those soldiers were killed during an airstrike by the syrian regime as governor said last night and those people were were

run because of bull run creek. in this was an artillery shell hired out of a cannon. -- it can go much farther than a revolutionary war cannon. the cannon ears firing this could have a fuse, it would explode, and this would go farther and more accurate. again, it would explode, making it much deadlier than anything else you would have seen in the revolutionary war. it is heavy, isn't it? anyone else? i have other things if you want to see. articles of clothing, again what you would have been wearing in july. at manassas, if you were in the union artillery. this is what people war at the -- this is what people war at a time. , shirt,se, wool pants jacket, vest. have beenot unpleasant being fired at, you would have been burning hot. >> i wanted to know how to chew -- how did you gather all of this stuff, and i noticed there are initials on that gun. is that your initials, or is that a soldier from back in the day? >> i love that. i'm old enough, they were issued to me and i just kept them. this is part of my professi

connell: i get it. >> "bulls and bears" now.ed as fears of a global coronavirus pandemic wipe out this year's gains for dow and s&p 500, dow down -- ending down more than a thousand points, this is third largest point drop in history, second largest for s&p 500, this is "bulls and bears," thank you for joining us, i am david asman, joining my, steve moore, liz peek, gary kaltbaum and robert wolf. the sell-off began in italian, there are now more than 200 cases of coronavirus and 6 deaths focused around milan. it is the business center. there are m

this is "bulls & bears". we've got a very special edition of "bulls & bears" tonight.s in for the hour. lou dobbs. charlie casper arena i

see a big point of its biggest daily fall in 3 months on wednesday setting up a tough day for big bulls prices were respected near the 10300 mark but then fell by $800.00 to just about $9300.00 in just 30 minutes it was the single biggest one day drop since november 21st of last year on thursday the price has been hovering around 9500 so did you expect this. so i what i saw was that i saw getting rejected at the 10500 mark before so we always expect a little bit of pullback because that. where huge line of resistance is so when you have that line of resistance you expected to kind of puncture through with enough volume but since we didn't get enough volume and then couple that with the unexpected fact that by and decided to go offline for about 5 hours of training yesterday that also contribute to a shortage of liquidity so that i believe contributed to the drop but i don't think it's anything to worry about in the long term so i've been told that we have been back so we can bring back and swung back into this bed i don't know if you heard. her but we're going to the next where we're go

see it actually drop further than then 9000 it's possible the question is going to be how does the bulls react to all of this some of them kind of got caught off guard by this latest drop where they when they thought they were going to push it above 10300 it didn't happen but i think the question becomes do we have this new floor of around 9300 or do we drop lower than that to around $9075.00 we dropped in $1075.00 it's going to be difficult to stop it from dropping back down into the mid $8000.00 but if the bulls react positively to this it's a we can push it up higher. and they can get above that 2300 number if they push back and do that i think we kind of have a new floor for bitcoin around 10000 that would be a huge positive it's going to take time to get it back up to 20001 of the reasons why the drop actually happened so suddenly was because there were a lot of big bulls who were leverage up to the help so as soon as they come in dropped a little bit all of them actually got stopped out and had to unwind their positions very quickly so typically as big point goes so do other crypto

melissa: "bulls and bears" now.79 after more than a thousand point drop yesterday, world health organization and cdc issuing warnings to prepare for more outbreaks, as democrats say that the administration is not doing enough. senator daines will join us to respond. this is "bulls and bears," thank you for joining us, i am david asman, joining me jonathan hoenig, caroll roth, adam and burnett. jackie in the markets. reporter: another brutal

as a bull, you couldn't ask for anything better from a fundamental perspective.ons, though? even some bulls are saying hey, a good thing can be too good. >> look, you always have to look at valuations but let's also put this into perspective. when i look at where we are right now, we've fwgot a ten-ye treasury note well under 2%, the strongest labor market we have seen in nearly 50 years, we have got a consumer that's extremely strong and a dovish fed. when you have an environment like this, you are going to get valuations, get stretched above normal levels and then you as an investor have to make sure you rebalance and don't take too much risk. people have been saying, i have been debating bears for the last four years that don't believe in this bull market. until we see a recession or until we see rates change, i feel like the path of least resistance is upward. the biggest short-term risk to the market in my opinion, this is not a political statement, this is how i feel in regards to how it affects my clients' money, is if we have a surprise in november. right

, mr. 305. >> pit bull is here. >> i know, go find him! >> i'll track him down. and ask him about the jimmy g. prop bet and a wardrobe malfunction. >> see you at 11:00. >> run for cover. it's going to start raining. and that's going to doit. >> he'll be back at 11:00, with pit bull and an umbrella. >> bye, folks. have a great night. california phones offers free specialized phones... like cordless phones. - ( phone ringing ) - big button, and volume-enhanced phones. get details on this state program. visit right now or call during business hours. it helps to have someone in your corner. that's why there's covered california. we're the only place where you can get financial help to pay for your health insurance. new this year, almost a million people could receive additional financial help from the state to help lower the cost of health insurance... more for those already getting it, and new help for many who haven't gotten help before. so check to see how much you could save. it only takes 5 minutes. the last day to enroll is january 31st.

we will bring those comments to you on bulls and bears.ally on the hot seat tonight facing his first major test on the 2020 debate stage as the democrat presidential