>>> ahead on oa, cathie wood's ark etf -- can you use options to play safely for rebounds? plus, is it time to go long on some of these other beaten down stocks we are driving into it in just a few. those are hints and check out today's big bounce stocks rallying. the dow jumping 466-points and the nasdaq surging nearly 4% higher while tech has been hit hard over the last few weeks, tony is detailing a trade on one etf that he thinks has seen enough punishment tony, what are you looking at? >> looking at cathie wood's ark fund which is down 78% since the february highs i think for traders looking for opportunities, this is now the time to pull the trigger for this etf we take a look at the chart here, what the most important level to pay attention to is $35. that's where the etf broke out in november of 2017. well before we were sitting here talking about cathie wood. the last time being the pandemic low. so the fact that we've pulled all the way back to those levels is now a time to potentially see long exposure in this fund i think we can use options to structure a simple

well before we were sitting here talking about cathie wood.the stock has tested that level three times. the last time being the pandemic low. so the fact that we've pulled all the way back to those levels is now a time to potentially see long exposure in this fund i think we can use options to structure a simple way to gain some long exposure, but also provide some downside protection so the simple option strategy i want to use here is to go out to june of 2023, which is about one year from now and i'm looking to buy the $43 call the options that are just about a dollar in the money. earlier today, i can pay about $10.45 for this one-year option to purchase the etf at $43 that gives me a premium of about 23% of the etf's value so in putting up a fraction of the capital giving me downside protection while giving the unlimited upside over the next year and about a month or so for this particular bounce >> mike, what's your take on this trade we have seen some of the components of ark certainly have bounces and investors getting into some of them

you tell me what you make of cathie wood buying general motors >> okay. sorry, i've got to dissect your sentence but what i make of cathie wood is this perhaps a paradigm shift where there's more of an emphasis on valuation? it's a rhetorical question that i can't answer as far as the actual act of buying general motors, look, i see reason to do so. i mean, first off, the legacy business is strong, it's only held back by semiconductors but even with the the semiconductor shortage, they're putting up pretty impressive numbers. they've got a very very strong autonomous vehicle business that's up and operating in san francisco. that technology is migrating to all of their car platforms, and then there's the ev business now, i want to look at this objectively. their ev business has a lot of promise, and that promise needs to turn into actual results right now. i'm on the waiting list for this new cadillac electric lyric. i want to see this thing with my first hands. apparently it's in production. i haven't received notice of when i'm going to receive it and i

the gop leaders are mehmet oz, cathy barnett and dave mccormick. trump picked oz, but there's concern trump picked wrong. laura ingram went to call the endorsement a mistake. that might be because cathy barnett is being heralded as the opponent most like donald trump. she saw a last-minute surge in the polls. she's most like trump but the party isn't thrilled. we'll get to why in a moment, and why those same folks are very worried, if not angry about the race here. the gubernatorial race. right now, doug maestano is out way ahead, someone they say is unelectable. runninger if primary in the governor is himself running and declaring mastriano as one of trump's strongest supporters. joining me from just outside philadelphia is dasha burns. and here in fill sli jonathan tamari and politico national political reporter holly ottervine. dasha, first to you, give us the state of the race as of this moment. >> katy, i said this to chuck earlier and i'll tell you now so you can get in on it, too. i'm taking bets on how many more plot twists we're going to h

you have a successful launch of a short cathie wood etf. launched that long ark etf what's the motivation to have a long and a short ark fund now? >> yeah, so i mean, if there's one thing that people can agree on on arkk, is that it's going to move. you know, whenever -- whether it's up, whether it's down, it's going to move big, so we wanted to give investors, you know, the opportunity to be able to play both sides you know, we look at sark as a better hedge than anything that's out there you know, we look at tark as a great tactical tool. you know, also for people who are fans of the arkk strategy, maybe people who are holding it at a loss at this point, you know, tark could also create some great opportunities there >> matt, i asked cathie wood a month ago how she felt about having a fund that shorted her ideas. here's what she told us. >> there hasn't been another situation where an etf has been created to bet against another etf, and my attitude towards that is, wow, they are so sure that american innovation is not going to be a sensib

. >>> and cathy wood's ark innovation funds and we'll talk to simon barnett, who cathie wood herself called one of the most brilliant analysts in the healthcare space. >>> we'll begin with apple it's dragging down the whole nasdaq kristina partsinevelos has the latest >> let's start with the fact that maybe a 75 basis-point fed hike is back on the table given the inflation numbers for april. it's weighs on high growth stocks, which is what we're seeing here at the nasdaq, swinging into the red, led by apple, already apple trading below the mid march low. that would be something we haven't seen since mid november 2021 other big weights bringing down the nasdaq, microsoft as well as meta, but i want to focus on tesla for a second elon musk spoke yesterday at a "financial times" event and tried to convince everyone in the crowd the twitter deal would not sacrifice tesla's focus. the biggest on the nasdaq are lucid and zscaler and crowdstrike. and i end on a bright spot electronics arts ending the partnership with fifa, much to the dismay of fans consolation energy, and booking holdings

republican candidate cathy bar threat has risen to a statistical tie with dr.mp adviser says, for the past five months, he's been told the only threat to oz is david mccormick. this is a twist no one saw coming. let's discuss. let me start with congressman charlie dent. congressman, cathy barnett, this third candidate, who is rising in the polls, she has refused to answer basic questions about her biography and her discharge from the military. she's tweeted some truly insane things about muslims and gays. how worried are your pennsylvania republicans that she's going to get the nomination, thus likely securing a democratic win in the general election? >> i think it's safe to say that pennsylvania republicans are in full panic mode. not just on her situation, i mean, again, you just mentioned that she's just an opposition research document dump just waiting to happen. that's the first problem. and then, of course, she in the gubernatorial candidate, they have endorsed each other and they are both leading. so this is a double nightmare scenario for pennsylvania r

you know dpock and then cathy. cathy's late husband enrique used to team with d-pock and then they turned it over to the city for us to run. mary's done a great job here. no further adieu. we'll let you speak. [ applause ] >> well, so first of all, let me just say, i want to acknowledge many of the people who are outside and working in our various places around the tenderloin community from sciu and many of the workers who even during the pandemic still showed up to work. thank you for your service. thank you for supporting the community in this neighborhood despite the challenges of a pandemic. we were able to still push for an expansion of many new hotels and affordable housing and i know it hasn't been easy. and so i hear your request and i am taking them very seriously and i just wanted to take this opportunity to thank all of the various employees of not just the garland, but many of the supportive service housing locations throughout the city because we couldn't do this work without you. we know this work is

i know you had a chance to catch up with cathy barnett, who has seen this late surge.re. >> reporter: right. pennsylvania is a big state here. you've got the western start of the state, the eastern part of the state. and initially, cathy barnett was going to be here in the greater philadelphia area today. but i was talking with a campaign adviser two made a last-minute play last night to go over to pittsburgh. they're going to be over in scranton tonight. in a complex state like pennsylvania, you're trying to hit those tv and radio markets across the board. they feel good about what they're seeing in the greater philadelphia area, which is interesting, because this is the same place where mehmet oz is going to be later tonight as well as tomorrow. he's relying on the suburbs holding on, the big question is, ultimately, will those two individuals, mehmet oz and cathy barnett dilute each other's vote and give the former hedge fund ceo, david mccormick, a shot to pull this off tomorrow night? i did talk to barnett last night. we talked for a few minutes. this is kind of t

. >> arc invest cathie wood speaking there ark innovation losing 30% month on to date the worst monthsince inception back in 2014 of october. julianna, sometimes you need to say things with such confidence, people believe conviction. >> that is a central pillar of an investor. >>> let's look at u.s. futures if you had conviction, friday offered a real opportunity to buy into a lot of the u.s. stocks at more attractive prices especially in the tech sector. we saw selloff in u.s. stocks. nasdaq dropping 4% on friday the s&p dropped 3.6% dow dropped nearly 1,000 points. we are seeing stabilization. dow jones industrial average looking at 110 point jump at open nasdaq and s&p seeing green there. of course, will this remain the case is the worst behind us earnings season continues this week after big tech weakness came to define the reporting the picture is not as bleak. 80% of the s&p 500 companies that reported so far beat profits. key names out this week with results include airbnb and e-bay and pfizer we have eric with allianz joining us now eric, what is the key as we are halfway thro

. >> numbers 4 and 5 on the calendar, eric glisson and cathy watkins. >> standing next to him is cathyb driver's murder and in 1997 they went on trial together. eric says he doesn't know her now and didn't know her then. >> when trial started, the officers was bringing us up to the court and one of the officer's says this is watkins. i said, cathy watkins? she said yeah, who are you? i said, i'm eric glisson. how are you involved this? she says, i don't know. how are you involved? what's going on? we both didn't know. we was confused. >> now, 18 years later, assistant district attorney nicole keary says her office believes there may have been an injustice. but only agrees to release glisson and watkins if they wear monitor bracelets as the d. a.'s office continues to investigate. >> we have made a decision to take this unprecedented as you know, judge, and exceptional step that we are going to consent to the conditional vacating of the conviction for these two defendants, and the condition being that the defendants do wear those electronic monitoring bracelets. >> all that's left now i

cathie wood bought 500,000 shares yesterday.self you have a strong ego, how do you stop isn't how to make tough decisions? >> first i'm not in either one of those names, beyond meat, coinbase, those are not names in the first place. cathie woods will buy stock. she will average it down. it gets worse and worse with every tick on the way down of the at some point she has to really believe in it, wait, two, three, four, five years, how long it takes but at some point it become as losing proposition, when she starts losing investors in her fund maybe she sits around -- charles: kenny, when you grapple with something you probably made a mistake, how do you say okay, you know what? i just blew it? how do you come to the moment, i will chuck it, down 30%, i will chuck it? >> you do exactly that. when you realize you just blew it, it is not the store you thought it was. fundamentals are not what you thought it was. the stock is not acting the way you think it is. you have to bite the bullet, you have to take your hit. take your lumps.

when we read sports illustrated -- >> cathy ireland. >> greg: it was for the reader. now it's for the advertiser or it's for the peers in editorial. this is not -- when the reader used to look forward on getting sports illustrated to get cathy ireland, they're like, wow! now, it's a message. i'm supposed to digest this information intellectually and not want to go in the bathroom and -- >> and, ok. >> greg: i don't know where i was going. >> i know where you were going. i will take it from here. >> greg: thank you. >> you can have two thoughts. we always talk about having two thoughts. first of all, pearson was right. i'm going to battle my entire life to stay away from the 400-pound monster. when you -- and if she's -- she's beautiful. hey, a lot of us fellas like 'em thick. ain't tripping. some of us don't. that's not the point. the point is if she's comfortable like that and doing that, good for her but when you promote that message -- and this is where dr. pearson -- peterson was being a doctor and saying that, for example f she had cancer -- if she had cancer and

i don't think this is the time to buy etfs. >> you've been obviously talking with cathie wood who thinks passive management is crap and that this is the time you need active managers, they always say that and then they underperform or at least they have by and large the last however many years now you're making the argument -- >> i would never say do one thing over you have to have a balanced portfolio. >> you said i wouldn't buy etfs. i would not be overweight on those. obviously should be part of the portfolio in a balanced equity portion. you want to be concentrated in a specific name. >> scott, appreciate that vote of confidence. >> you're selling yourself down the river. >> i didn't sell myself down the river. i would be focused buying individual stocks now. that's what i would be doing >> sarat are there stocks that you like here, that you would say they've come down enough forget buying the basket of stuff, you have to be super precise. more precise than you have been in so many years and this name or that name is the one i want to add. or think about it. not saying put you on the

oz and as well as cathy barnettr and those that we spoke to that voted for dr. oz said they thought about two things.o one , president trump's's endorsement and the second electability. purpose was tot come out for us because trump supports him and i'm a trump fan. i think that america first candidate all the commercial that i had seen, i think were not right. i don'te believe he's a rino. it is it was a tough choice between dr. oz and kathy barnett. i the one thing i want somebody who's going to g be electable. mehmet oz certainly has the name recognition and a former president. he took part in a telo rally last night. he called in we're toldal itle s voluntary. he decided he wanted to do everything he can to help dr. oz win. so he called in and he told everybody that he is that theis doctor is a loyal maga person as well as somebody who is a strong and a friend of his . and he obviously went against o dave mccormack and kathy barnettga. one last thing you were talking, sean, about a irregularities. we do have an update. so burk'ses county heresy in pennsylvani

and then you could flip it over to cathie wood's beloved ark innovation fund from tesla to zoom, roku, coinbase, block, it's pretty much crashed 55% year-to-date, but biotech, a lot of top market analysts i've been speaking to say biotech is starting to look like a real buy at the moment. biotech sector, the i-shares biotechnology eft holds some of the big guns of health, amgen, moderna, biogen, regeneron has fallen some 30% since january 1. so let's flip it over to part of the reason. the 10 year yield, remember yesterday it finally went above about 3.1%, 3.2, we're now at 2.99%. so when there's so much bruising under the market skin right now, is the smart money rooting out opportunities? little by little, let's bring in the floor show we've got two smart money guys scott fullman and scott redler our traders. by the way, scott redler, who just yesterday put 25% of his wife's account, this is dangerous, which has been in what all cash since february of last year, back to work. scott you must be very confident some areas are looking right. what are you seeing to give you that confiden

lastly, i'd like to adjourn today's board meeting in the memory of cathy boudin. person who continued a life in pursuit of justice on behalf of many marginalized communities. she was born in 1943 and spent her childhood in new york's greenwich village and her father and mother. and she was soon radicalized by the growing anti-war and justice movements of the 1960s begin her life as an activist, organizer, teacher and champion of social justice. i'm told she loved talking to and learning from people of all walks of life and chose to work on behalf of marginalized war and i am -- imperialism. in trying to obtain money support revolutionary activities, cathy and her partner, david gilbert participated in the robbery of a brinks truck in new york and though they were not armed and did not kill anyone, three men were killed and cathy and david were arrested and sentenced to decades in prison. she entered bedford hills correctional facility and her then 14-month-old son was adopted by friends and fellow activist who's raised him in partnership with his parents including

lastly, i'd like to adjourn today's board meeting in the memory of cathy boudin.markable person who continued a life in pursuit of justice on behalf of many marginalized communities. she was born in 1943 and spent her childhood in new york's greenwich village and her father and mother. and she was soon radicalized by the growing anti-war and justice movements of the 1960s begin her life as an activist, organizer, teacher and champion of social justice. i'm told she loved talking to and learning from people of all walks of life and chose to work on behalf of marginalized war and i am -- imperialism. in trying to obtain money support revolutionary activities, cathy and her partner, david gilbert participated in the robbery of a brinks truck in new york and though they were not armed and did not kill anyone, three men were killed and cathy and david were arrested and sentenced to decades in prison. she entered bedford hills correctional facility and her then 14-month-old son was adopted by friends and fellow activist who's raised him in partnership with his parents i

now attendance and joe and under pressure a cathy strain can not hateful consequences. so what can we do? bear with even cat. you can keep running, worry free. in good shape. 30 minutes on d, w. o. christian of whether the next crisis will come. but only when and how the media will deal with it. how can we stay focused on what is important? shaking to morrow, now. exploring opportunities for media professionals in times of crisis. the global media for june 2022. your ticket now. one of mankind's oldest ambitions could be within reach or what is it really is possible to reverse aging researchers and scientists all over the world for in a race against time. they are peers and rivals with one daring goal to outsmart nature. more life starts may 28th on d, w. ah, ah, this is d w. news and days around top stories. ukrainian president flood him is the lensky has asked the g 7 countries for reconstruction aid. he said it will cost more than $600000000000.00 to rebuild everything russia has destroyed since its invasion. zelinski also said that about 60 people sheltering at a sc

of course, you can always get the most and latest cathy, w dot tom, and i'm our social media at the w news on instagram and twitter. we will see you more at the top, the hour i print with ah, what secrets lie behind these walls? discover new adventures in 360 degrees. and explore fascinating world heritage sites with d. w. world heritage. 360. get the out. now to meet it out in the south bay. mother was going to spend the rest of her life behind bars for murdering her 3 dot. call me back. i. i see the signs down postpartum psychosis is an awful illness to have mothers nightmare starts june 4th on d w. ah ah, there is vo raging and such as homeland the 2 and no refugees and germany. oh, as i stand here i think my husband, he died early on in this war. and when you do, the future is uncertain which how, what they adapting to the new life in germany. ah anon, sasha have been living in berlin since feeding from ukraine. they found accommodation with a host family wide stroke of luck. they managed to flee the russian columns. they got out of geneva, full weeks after the russian, a tech on

you know, your girl, the gussy li, cathy. man, they were thinking, knowing that was in abilene, all available and at homer, it different micro on battery all, yawned on the lateral, but it to the more they and we go off of the mom. i was a little of in a good mother you it's a really good you're my give them a good jungle going early. yes. i believe was just a little really bother with her when i get a really bad or are you lot of a a need for that? they don't feel like i said i with with a a a are out in the mail both. okay. a me and i mean they would have leo humana a ah ah in yet they will or where to get sleep over, but if or is your mind. i mean, i believe in either over one marathon that on legal i l. e. i am all enrolled by me blue eyes or a u. s. i mean for a struggles full of pleasure. fun to play. when police look at it via the name or what is the name girl? well, lot of the going list a, what an intimate look at life in cuba will work a mom with the like. i say i came up with the gum in there yet again. my cuba on

on the reticent cathy done this under the draft law, the state would pay for the recovery time, not employers, and not workers who sometimes use up holiday allowances or take unpaid leave to cope. a spanish doctors association estimates that extreme period pain affects around a 3rd of women campaigns. hope this bill will be the 1st step for workers suffering from under research conditions like endometriosis not get em us and gay. we don't want this to just be 2 or 3 or 5 days a home yet, and then you go back to work as if nothing ever happened. what we're asking for is for this to be a 1st step towards investigate research and finding a cure it. so that period pain really stops being such a problem for many women. when i get the element in the road that will lead the hillis in berlin over. i'm ok if spain passes the baylor would join a handful of mostly asian countries that already offer a menstrual leave law. and it would be a european 1st. but the draft floor is controversial. not all trade unions support it, and some believe it won't help women in the workplace. i mean it, but as it was, t

if you want to, angela, she asked cathy are locking us with a door when buffy? hi, atman could jump ahead. vialva. yep. what can i be? what? well, i thought i'd give you how the la eligible mccomb got in chuckle. how the leilani his scenario of a birth. far ahead and then i got this mahogany. what? plenty at every aloe to force it cut off to let them push lymphoma. curiosity had the no estimated the over the to the v as kathy initial june. well why? why should we sat up behind the lanier nakesha? deduct hill on maloney in the 30 monsieur to qualify them physically, milady little hagar amish. i see an atmosphere then we'll have the other one. if you're gonna worry about a felicia later than on it on to hardy lanier, lawson veneered hey door len han and medical in lin. it tend to he will in italy, a dominant equity eloquent you ah, with, [000:00:00;00] with a mr. them ali from one i hope will love you about a car to while and be cool man. i feel about manage. oh, tough. but i hello is eman infinity. jimmy? a little mother. jimmy. will your more quick miles and non

you let cathie wood buy it you don't buy it >>> the investing club, you can always sign up and find outore at cnbc.com/jointheclub. not just about the daily updates, but these meetings he has, pretty incredible use the qr code if you need to. >>> we want to check the bond report the ten-year did get to 3.12 bullard tonight. >> wow >> announcer: the bond report is brought to you by pimco. a global leader in active pitched income do you have a life insurance policy you no longer need? now you can sell your policy - even a term policy - for an immediate cash payment. we thought we had planned carefully for our retirement. but we quickly realized we needed a way to supplement our income. if you have $100,000 or more of life insurance, you may qualify to sell your policy. don't cancel or let your policy lapse without finding out what it's worth. visit coventrydirect.com to find out if your policy qualifies. or call the number on your screen. coventry direct, redefining insurance. cal: our confident forever plan is possible with a cfp® professional. a cfp® professional can help you build a co

shery: talking about buying opportunities, we had cathie wood's arc funds being big buyers.hie wood's fund came under a lot of criticism is in lid because it favored high beta tech stocks. but if you drop into the bloomberg, even as her own fund was dropping some 10% in the middle of last week, investors were flowing in. in fact it was the fifth straight week of inflows, which shows there are a lot of investor diehards that adhered to her strategy. let's talk about what else she was doing. she was buying on the dip coinbase, one of the big drags on her fund had dropped dramatically last week, and yet she bought about 860,000 shares, millions of dollars worth, in the week through thursday. critics and others who were taking a close look at her fund say it really has a risky strategy that tends to load up on losers. her portfolio was largely spilled with speculative bets, but she has never wavered in her conviction. you can see bitcoin, which dropped a lot, and the ark fund itself has had a lot of inflow, even as it has dropped. the buy on the dip strategy has -- is one a lot

carl, we're in this era where what she seems to pick which is cathie wood, seems cursed, and you knowi don't know what to make of it. >> jim, for the time being right now, the more pressing concern is the s&p back to 41.13 our prior low for the year, 41.14. ten-year is knocking on the door at three, amid reports of the japanese selling treasuries en masse. one of our biggest holders, obviously. >> i had thought that there might be a peak this week because i see copper down, g grains are down. what really does concern me is that -- is ukraine, coming back to ukraine it's such a huge part of our food complex, inflation is eroding the everyday person who goes to the supermarket and has to pull back they've not pulled back yet, but carl, the inflation situation has to get under control i would speculate that the speculators have driven up a lot of food and this was -- this has been historically the peak this week in grains, and we've got rain coming in our country, but we still are lacking the 13% that ukraine's putting out there, and i don't know. we're seeing nancy pelosi there. i don't

if you look at the arc fund, cathie wood's headliner, if you will, its relative performance collapsed to back to where it first was in 2017, almost five year's worth of no relative performance. then if you just look at the weighting overall s&p 500 tech index, carl, in 2000, that weighting was 34% at the peak. but the companies that made up that index, their sales only comprised about 8% of nominal gdp. so the market cap weighting to economic weighting was four times higher today, the weighting is 27% of market cap, but 18% on an economic basis, much more fundamentally supported, if you will, overall. so i just kind of think, you know, the valuations reached 55 times future earnings in 2000. they reached 30 here they are back to 22 forward now. it just seems like a much, much different cycle with much less overexub brans small caps haven't had nearly the performance they had back then back then you didn't need earnings, you just needed a story and a dot com behind your name. >> sure. >> they haven't participated that way this time. >> i noticed this morgue, goldman's non-profitable te

the target for bounce is 4342, above 4300 talk about the cathie wood short is likely over bryn references growth names that absolutely ripped they say that's some evidence you'll get a sizable bounce from here doesn't mean that the bottom is necessarily in, but we're poised for a big bounce minimum 8% there >> and it could happen you see bear market bounces 10% or more some days and some weeks. that could be it look, bearish as i am, i have been expecting a bounce, i am not participating in it. i don't think they're tradeable. i defy anybody that seays they'r tradeable how. we'll continue to see this i'm not going to change because the market is short term oversold i think the conditions that caused me to be bearish are still in play. that's high inflation as we saw day before yesterday. consensus is fed won't be able to get inflation down below 4.5% for a year or two years. looking at persistently high inflation, twice what the target is going forward seeing earnings revisions, strong dollar will be more with the s&p. i am going to be the last one proudly to call the turn, i am so bearis

cathy killick has more. here at the former raf base at linton—on—ouse. 60 asylum seekers were expected here, rising to 1500 later. but here we are, it's may 31st and there's no sign of any arrivals so far. villagers and hambleton district council have been fighting the plans, but they see no reason to celebrate just yet. the positive in me wants to see that they have been rattled by the mp, by the villagers, by all the agencies saying this is a bad idea, and i'd like to think that they're thinking about it. on the other hand, the cynic in me says they're just buying themselves time. the home office says it's continuing to work on the plan and, in a leaked letter, it says consideration of whether or not to accommodate asylum seekers at raf linton is ongoing. now whether they admit to a delay or not, it's clear the necessary consultation still needs to be done before the government can use this base in the way it wants. cathy killick, bbc look north, linton—on—ouse. meanwhile, the parents of a buckinghamshire

. >> i'm cathy, and i'll be going to santa clara university. >> reporter: the class of 2022 leaving their mark and setting the example for future students at the school. >> we did not doubt them. it was just a matter of helping them step by step through the process. ♪ [ cheers and applause ] >> reporter: in oakland, juliette good rich, kpix 5. >>> why a woman accused of killing a cyclist was released from police custody, and where she might be tonight. >>> it's been years since the teenager went missing from vallejo. how the family is keeping hope and memory alive. >>> thinking of hitting the red this memorial day weekend? get ready for some serious sticker shock. i've lived in san francisco for 20 years. i'm raising my kids here. this city is now less safe for all of us. chesa boudin is failing to hold repeat offenders accountable. he prosecuted zero fentanyl drug dealing cases, even though nearly 500 people have died of overdoses. i'm voting yes on h to recall chesa boudin now. we can't wait one more day when people are dying on our streets. >>> the woman suspected of murdering an elite

balanced and profitable growth, i don't know shopify, you're totally out of that uipath those are cathieonic and interesting, those are the names that she continues to bet on while you say i don't need this. these aren't the kinds of stocks appears to me the investors want to be in now. >> scott, you and i talked last october and december and i said we were lightening our load. we were lightening our load in those type of names and our concern was as the market pulled in on the risk curve, those would be the first names penalized in the growth sector and they were. those names are down 70, 80, some cases 90% not saying they're not investable, but i don't think you have to go that far out on the risk curve for terrific returns for yourself and for your investors so it is about your appetite for risk but you're right, we consolidated i told you this in march consolidated around our best ideas because i don't know if the market is going to have an appetite to invest in three weeks, in three months, whether this will take 18 months for us to work through the inflation and rate concern during

did your cheerful cathy? more to grad wanted to stay, legible to be what wasn't long as a bunch of stuff. what did you, ah, you could order me to move it uncles than you will to watches a bunch of yet, but i'm throwing on wheels, toys, i'm grab your life, just you did put it with the job. sure. still with the i'm sure species i'm show prices. yeah. and you personally, i knew the deal garage i found on russian berlin miller's or for but i wanted to cough shops plain. just throw a choice up us to go muslim canyon balloon. b, disclosure info discovery bernoulli better means hanging in the mundane. but fuck umbrella providential slith, system, elderly, no trans, communal, foolish thought student of kid william would be that the were new santa of the my dying and what's happening with no one else seemed wrong. when i just don't move to see proud, dizzy because of the african and engagement. it was the trail. when so many find themselves wilson born, we choose to look for common ground with ah, my seely pros thereo

i mean, of course the market could go a lot lower i mean, what's the opposite of a cathie wood? we've been talking about cathie wood a lot but in this market, what's passed for debate is somebody who's bullish about one thing arguing against somebody who's bullish about another thing. equities-wise. but, what, a little bit more than a year ago there was this argument, we should go away with shorts, shorts should get out of the market the shorts were right, you know, and things traded at inflated valuations for so long, that people started to think it's normal carl, things could just as easily trade below where they historically have for so long, that people think that is normal and so that calls frs investor conviction what do you really think is worth it what do you really think is going to last? and by the way, the math is going to change here as growth slows, you know, both the numerator and the denominator is going to shift on these multiples. >> indeed. you know, we're starting to use words like the tmt covid bubble bursting, dee, interesting work by michael battenik, parti

you're welcome listen, jim, the debate rages here as well you know, cathie wood who we talked about aot has been in attendance, continues as you might expect to talk very positively about many of the names in her portfolio you got ken griffin on the other side and this debate continues to play out take a listen. >> these are very trying times because the pie is getting smaller. really difficult to maintain your purchasing power, your nominal equity we've had difficult days over the course of the last four months has that pie has gotten smaller. so i would say that for the -- for all investors, these are really trying times. >> and then there's cathie wood responding by the way, this was not a debate we're just pointing to two separate sort of schools of thought here we've obviously talked a lot about the ark funds and their performance, especially from the top, you can see what it's been year to date that looks a lot like tiger global, by the way, numbers of which have just been reported by bloomberg. down as much as 44% this year. here's what cathie wood said she's still a firm belie

cathie woods, her long-term vision, her long-term plan can it work out? coming up right there. can't wait. stay tuned. meet jessica moore. jessica was born to care. she always had your back... like the time she spotted the neighbor kid, an approaching car, a puddle, and knew there was going to be a situation. ♪ ♪ ms. hogan's class? yeah, it's atlantis. nice. i don't think they had camels in atlantis. really? today she's a teammate at truist, the bank that starts with care when you start with care, you get a different kind of bank. lemons. lemons. lemons. the world is so full of lemons. when you become an expedia member, you can instantly start saving on your travels. so you can go and see all those lemons, for less. your shipping manager left to “find themself.” leaving you lost. 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 charles: so the market got started today with bond yields rocketing higher to start of trading but they have beginning t

. >>> the san francisco chronicle is reporting cathy boudin has died. she was a former member of the radical group weather underground. both she and her husband were involved in a deadly brink's truck robbery in 1991. she was released from prison in 2003. she went on to become a professor at columbia university. >>> in other news, recent coyote attacks in san francisco have a lot of residents on edge. a lot of hiking trails are closed this time of year just to be careful, but twice in one recent week, small dogs were snatched in front of their owners. one resident said coyotes aren't afraid of humans either. >> it noticed us and then crossed the street no problem and started getting closer, so we ran back inside. >> reporter: so it actually came closer? >> yes, it saw us and came to us. >> reporter: that's a little unnerving, isn't it? >> very. it's not the first time. >> reporter: in the castro district, signs across the city are warning pet owners always keep them on a leash. >>> sun down marked the end of ramadan for muslims world wide. it's a month

and governor cathy hochul says the hate crimes task force is also taking part. >> the alleged gunmanhearing is scheduled for next week. it happened just a year after an attack that killed ten people at a grocery store in boulder, colorado. >>> still ahead on kpix news at 11 and streaming on cbsne news, bay area will tell you where a bear ended up. >>> and fighting wildfires in california. >>> we've got the forecast coming up after the break. fanduel and draftkings, two out of state corporations making big promises to californians. what's the real math behind their ballot measure for online sports betting? 90% of profits go to the out of state corporations permanently. only eight and a half cents is left for the homeless. and in virginia, arizona, and other states, fanduel and draftkings use loopholes to pay far less than was promised. sound familiar? it should. it's another bad scheme for california. >>> well, a bear is on the move in fairfield. >> yeah, police say in the past 24 hours, they've received multiple calls about bear sightings in the wood creek park area. the bear seems t

cathy mcmorris rodgers is joining us now, thank you so much for being here. we had this timeline that really begs the question should there have been more action sooner? the whistleblower reported concerns in october, didn't interview them at the f.d.a. until december, plant closed i think january/february and now it's may, we have the recall. >> absolutely. this is devastating. it's a matter of life and death. frustrating for moms across the country when you go to the grocery store and the shelves are barren. it is a desperate situation and then to think you might have to drive somewhere with record high gas prices is just contributing to the crisis that americans are facing. i was at the grocery store over the weekend and i checked for baby formula. the shelf was bare. it was really shocking to see that. so, we have been -- we have been demanding the alarm, sounding the alarm for months for the f.d.a. to figure out what is going on. why do we -- why are we facing a baby formula shortage, and seems to be a combination of factors, why is the f.d.a. not taking

more speculative stif cathie wood ark fund was about 48 # or so, 230 yesterday.roughly $48 why is this happening? well, powell might have taken 75 basis points off the table but inflation didn't go away inflation wasn't taken off the table. energy, a big thing here today, you see energy moved up, the energy stocks moved up yesterday. sold off at the open didn't make sense to me. oil went from 103 to 111 there's your inflation concern right there. and energy is sort of flattish today with the overall market down that's the big issue so what's next for stocks? i think the key point here is sustained inflation, and we keep oil here at 111. 112, 15, 120, is going to be a problem for margins overall, for the stock market multiples have already contracted to reflect the higher interest rates and some of the inflation concerns, now we're going to see concerns about some earnings sitting out there, david, that's a major question believe it or not, david, earnings estimates for 2022 are higher now than they were in january. that's a little hard to figure out right now, mo

anna, if etf flows are good proxy of where investors think the money is, i wonder what you make of cathie wood's ark etf receiving its biggest inflow in a year earlier this week, her fans are buying the dip, despite the performance. what do you make of that >> well, investors are buying on high conviction. so it's a proxy for concentrated strategies, and taking risks with a manager, a really high conviction this is not dissimilar from what we see in our flows, even if our strategies are different i mean, as i said, we are registered $1.2 billion of flow yesterday alone and yesterday the fund was down 5% to me, that really indicates the fact that there is a little bit of fear of missing out on an investor so they don't believe that the technology sector is under pressure, and those companies are set to fail. so investors are really trying to jump into the sector again when they believe that information is going to become available, something is going to change in the macro level. and, you know, numbers are going to turn, and are going to turn around we have a high conviction that this is g

cathy, we'reis watching this rae very, very closely.t's days away and we really appreciate your being here. thank you so much. as cathy just mentioned, the shortages of baby formula threatened thousands of babiesfe in the house of o representativs just passed a bill sending another 40 billion of your tax money to ukraine. what do americans really think t about this ? >>he the angle hit the streets for answers. twitter. i feel stronger. i just feel healthier. my blood pressure and healthy and i find i have more energy throughout the day. why are so many people giving five star reviews? the super virtue's because super beets are nature's heart healthy secrets a delicious way of getting the antioxidants. you need to support your circulation and enjoy more healthy energy without caffeine. that's why super beef is america's number one beef brand of circulation super foods. there's caffeine in it and i could take something that i know give me a totally different kind of energy. my blood pressure is even more healthy. i'm loving it. inspired b

host: cathy mcmorris rodgers wrote this -- " the framework was instituted in response to the policy guidance from the national science advisory board to oversee pathogen oversight. are oversight of the framework, including what has been revealed about the inadequate management of the risky research at the wuhan institute of virology, has raised concerns about the process." can you elaborate? guest: they have dungan work -- done good work. without a subpoena, they are limited. sometimes -- the committee has tried to talk to some key officials in the nih, and they have not been permitted to really talk to them. naiad employee who warned about this plant --that is information we do not have. it is through their work that we know the current chairman has said he thinks the system needs to be more transparent. host: let's hear from david in arizona, republican line. caller: i have a quick question -- have you ever heard of something called event 20 or 21 that john's hopkins put on that studied -- it was an exercise to study what a virus coming out of south america would do? it was a panel or roun

i think cathy was the kiss of death.ty well, but people don't want to own that stock going into recession. let's deal with the setups not as bad there's a lot of food and drug that's good. i know people don't want that, but it's working and there are a lot of companies that have come down a good bit general motors offered a dividend, which mary barra didn't want to do. it is true that cathy wood is the kiss of death. you usually don't want to say that, but i think you have to throw out all the bromide and speak truthfully here because the viewers deserve it she's awful. >> i've been asking because maybe i'm just looking for some silver lining of some type but do you ever remember a market bottom that's made before there's an overall capitulation across all indeces i mean, is it possible that the individual leaders could have their own little, you know, where everyone just basically pukes up everything that they, i mean, you don't get netflix or even the big tech leaders. aren't they down enough to make a real bottom indi

cathy was like this. have to be opened carefully to avoid damaging the slip of paper inside. if the name is legible, they will be able to find for soldiers, relatives, and that's what matters most. we have to read, do you mean you maybe just crazy. you're putting asleep. accepting me the exact number just in your book so fast. okay. more thing it. she missed the prism i dismissed the particulate on that's going to live with poignant, initial pictures and shit. a voice in the mutually stip on h. u. a still oak desk with so much la, emergency or small on that you select a new york. ms. mallory was eulogy molly or butcher. if you wish to rose, he could issue you said you need to ah, who the pop up so i wish i knew i'd meal. and when you come monday, morning, machine or percentage, if you me a moment that could me be sure cuz i should be good to go with the civil associate there you're looking for the nurse pushed through the garbage off was among several for them. soldiers recently found near the 1000000 schools it was identified from his id, tech and to search for relatives on

new york governor cathy hochul called it white supremacy terrorism.ave been trying to warn about repeatedly. here's christopher wray doing just within that. >> what i can tell you is that within the category as a whole, racially motivated violent extremism i think is the biggest bucket within that larger group and within the racially motivated violence extremist bucket, people ascribing to some kind of white supremacist-type ideology. certainly the biggest chunk of that. i would also add to that that racially motivated violent extremism for years has been responsible for the most lethal activity in the u.s. >> following saturday's shooting, president joe biden issued a strong statement saying, "a racially motivated hate crime is abhorrent to the very fabric of this nation. any act of domestic terrorism, including one perpetrated in the name of a repugnant white nationist ideology is hate to america. we must do everything in our power to end hate-fueled terrorism." tomorrow the traveled with first lady to buffalo to grieve with that community. how do w

cathy, to. the standard answer these questions or sit and answer these questions. but we cannot get to tuesday without thesenoue questions beig answered. selina said it right. you can't run out the clock in a primary. it's disrespectful. well, she's not answering our phones. we tried to answer she wrote me a note on twitter and said i'll debate on one on one on the day' before election day. >>t that wouldn't be fair. fair to either of you. i've watched you both in the debate. i think i think all the candidates have shown on fox. i won that debate, sean. i won that debate. yeah, i won the during the debate. you know, it never stops. this is too serious an issue. i don't think republicansth can get control ofon the senate if we don't hold on to the seat. this is pat toomey. tsosie way run strong in pennsylvania. it's true . yeah. yeah,nn carl. exactly right. the this this seat will decide control of the united states senate in january if we're to hold the biden administration to account, if we're you to get inflation under control, if we're to help our family farmers