no next chart this is the same chart again with only the 150-day. since google's ipo, this is the longest stretch on record without having a checkback to the 150-day moving average that's the bet, that that's under way now. this chart goes to 2007-2008 you can see how far it has gone without a proper checkback next chart the same chart we are at the top of the channel that has been in effect since the 2009 low we are at the upper band and starting to churn and stall. this is a short-term panel google fails to make a new high and now a bad day today, bad week, but that line i have drawn is still above where it was in september. look at the bottom panel it's making new relative lows to the s&p. this is the beginning of a rollover by my work and i think we are going down to the 150-day moving average >> mike, what is the trade >> this is an interesting one. it's hard not to hit google especially since they have managed to preserve the tickers. fundamentally the company has a lot of very good things to acquit itself. we have phenomenal growth, businesse

no next chart this is just the same chart again with only the 150-day. will point out that since google's i.p.o. back in '04, this is the longest stretch on record without having a checkback to the 150-day moving average. that's the bet, that that's under way now. to make that point, next chart this chart goes to 2007-2008 you can see how far it has gone without a proper checkback next chart this is the same chart and look, we're at the top of the channel that's been in effect since the '09 low and we're up against the upper band to the penny and starting to churn and stall and now the final chart. this speaks to relative performance. this is a two-panel. it's very short-term you can see that google fails to make a new high and now a bad day today, bad week, but that line i've drawn is still above where it was in september. look at the bottom panel it's making new relative lows to the s&p. and the q. this is the beginning of a rollover by my work and i think we are going down to the 150-day moving average >> mike, what is the trade >> yeah, i mean, this

now the next chart, a five-year chart.ng to be an epic sort of spread, one of the biggest stocks intersecter -- five-year spread almost double. you can see where the paths diverge of late. third and final comparison chart. of late amgen is down some 27% from peak. i think that's the tune. -- opportunity here is the chart itself next chart you can see they are down 27% from its peak just four or five months ago that sell-off is down to trend final chart. you are literally down to the penny to the well-defined uptrend in effect for the past ten years. it has bounced there before and we think it bounces there again. >> mike, what is your take >> obviously, one of the side effects of this stock's weakness has been the valuation -- certainly taking a look at price to earnings is getting down to low levels in fact it's trading a little over 14 times right now, getting close to 10 year lows. just because the pe of a stock is low doesn't necessarily mean it is a great time to buy it sometimes it can be indicative in a cyclical tha

no next chart this is just the same chart again with only the 150 day. i will point out that since google's ipo back in '04, this is the longest stretch on record without having a check mark. here is the 100 day average. without a proper check mark. google fails to make a bad day today. this is the beginning of a rule over by my work and i think we're going down to it they've managed to preserve those tickers. this is an interesting situation, flight fundamentally the stockstill -- the company still has a lot of very good things to acquit itself, right we obviously have phenomenal growth we've got businesses within the organization such as youtube which some are actually forecasting can see revenues of $100 billion a year by year 2025 to put things in perspective, the forecast for all of disney's revenues for that same year are about 108 billion. that should help give us some perspective on just how fast some of their key businesses are growing. of course they've obviously got great exposure to the cloud. at 35 times forward earnings its valuation is wel

same chart, i am drawing a line. i think you can get to the high. but before you break out, can exceed a former high, you contend with it which is to back and fill why? there are people who have bought at the high and have nothing but an unhappy experience. the human experience to get back to even is sell and, wow, i'm even so there are those looking to be made whole looking to get out and those who had big gains. that's more than not what often happens. i think that's what will happen with tesla you get to the high and it will stop >> mike, how do you trade it >> this is one of those situations where there are some technical strengths here i think the 900 level is one that anybody who can look at a chart could see. at this point i would be talking about fundamental. it's tougher with tesla which is talking about the promise of at the future of the country and beyond ev than what the company has done in the past, but it seems to have momentum the stock closed around $843 a share so it's an expensive stock in terms of

finally, look at the fifth chart. it's the same chart.s with the 150 moving average going back 10, 12 years. this is one of the longest stretches in terms of magnitude without a checkback and duration we think there's more downside >> all right so mike, what's the trade on bx based on carter's charting >> yeah, so blackstone obviously one of the most well-known private equity companies founded by steve schwartzman and pete peterson, some time ago, obviously one of the most successful financial startups that we've ever seen they've really been operating very well. they've seen their fee related income grow consistently seen their assets under management grow consistently while a lot of financial companies have seen pressure on fees, on fee margins more specifically, you know, this is a company due to the nature of their alternative investing end, of course their diversification, that isn't seeing quite as much exposure to that that said, this is a company that has also benefitted from the accessibility of cheap debt from the increase in as

final chart, this is the all data chart for this etf. see, remarkably, where it's found its footing right on the trim line it has been in the past eight years in terms of this, how far it is from the 150-day moving average. in each sequence, you can see it clearly, every time it's been so far above, below trend, moving average, it's mean reverted to it the bet is this recent action continues and that one is right to be long kweb. >> all right given that technical setup, tony, do you like mike's trade >> yeah, i like it quite a bit and i think, as mike said, a lot of investors are looking at this particular chart and trying to call the bottom. i think carter's chart, whether you look at it as an inverted head and shoulders, you are targeting minimum 55 upside, but i think you have extended targets to about 60 or 20% i think this is a smart way to play for an etf you think is near the bottom. he effectively has a 10% upside for free in exchange for the obligation to buy the stock at about -- the etf at about $45, which is the recent lows h

look at the final chart. longer term one could say this is very low compared to where it could be and should be, but the day-to-day, week over week, or simply 30-day move from 20 basis points to 56 on the high this week, the sequence here, the ink blots would call for sideways or down, at least to the end of the year >> carter, thank you we will see new about 20 minutes. tim, does this change your view? >> i am glad we clarified that we are talking about blot charts i thought you called me horshack and warthogs, i thought it was a version of welcome back, kotter. reasonability, some of these have to be followed by steps back to the extent you are seeing bond yields around the world in places that aren't necessarily driven by the same fundamentals as here, but will be responsive, like every other yield curve in the world is to the u.s., actually, well beyond where they were at this period of covid australia is back at 19 levels and may be moving higher these are things to be worried about. but ultimately we st

final chart, this is the all data chart for this etf. you can see where it's on the trim line it has been in the past eight years in terms of this, how far it is from the 150-day moving average. you can see it has reverted to it this recent action continues and one is right to be long kweb >> all right given that technical setup, tony, do you like mike's trade >> yeah, i like it quite a bit as mike said, a lot of investors are looking at this chart and trying to call the bottom. however you look at it, i think you are targeting minimum 55 upside, but i think you have extended targets to about 60 or about 20%. i think this is a smart way to play for an etf you think is near the bottom. he has a 10% upside for free in exchange for the obligation to buy the etf about $45. i think for a lot of investors trying to pick a bottom, that would be a comfortable spot to purchase this. >> this is a short-term trade. do you think the fundamentals for this stock have changed at all? >> there are two sets of fundamentals we have to confront dealing wit

we encourage a monthly bar chart, a weekly bar chart, a daily bar chart on their radar with whateverombinations they need to help their process. charles: okay. >> for us we like to start with the monthly s&p 500 chart with long-term momentum gauges. things like the very popular mac indicator and simply moving averages of price. that can be incredibly important. we also like to have on our radar gauges like things of market sentiment which we like to track the vix. i think we talked about it last time i was on and the vix stayed below the key threshold of 25. it is still range-bound very close to the lows of its range around 15. those levels and metrics can really help us manage risk and understand how investors are thinking about the market. charles: i've got a minute to go. your assessment on bitcoin, it's on fire. what's next for it on the charts? >> overall celebrating the new all-time highs for bitcoin prices today. they're clearing some resistance just shy of 65,000. if we do see that breakout confirmed, meaning it holds up there for a couple weeks, this week, next week, then we

and the third chart. the unfilled gap -- the trend line is not random, not valuation or gdp the market filled the gap, went to the down trend line and now will it be able to push on we have a head and shoulders bottom i think the september highs will not be easily exceeded >> wow so we might have seen the best for the rest of the year carter, good to see you. thank you so much. >> dan, do you agree >> carter redefines right in front of us. that's pretty specific it may not be random if the market was still open, i think it would still be raising higher it feels like that was the sort of reversal day that a lot of bulls needed to feel microsoft is less than 1% from its all time highs a lot of constructive charts if we are saying a lot of the news is discounted in the last five months or six weeks price action, then it leaves you to be left bearish if we are going to digest fundamental news better and the chart is constructive, that's how i feel about it. i would like him to be right during the earning seas

amazon's chart does not look as good as apple's chart. microsoft's chart looks better than both of those but the three of those names are roughly 30%. if they rally, they drag the market along with them this had more to do with the ten-year yield action than anything else. so when you see it go from 1.77 to 1.55, i don't think rates are going to rip i said months ago i think deflation will be prevalent versus inflation we have the cost of milk and gasoline, that's more a supply chain shock. i believe you will see large cap tech rip and see the overall mark get rip as well >> tim, that got you concerned about the market >> i think outside of microsoft and google, we know what the percentage is. that's 18% they held everything up and by the end of the day the market was selling off. this is the fast money call because i think ultimately the feds direction is looking what will dictate where markets will be and how aggressive. we have gotten some inflation and reads into why they may be well behind the curve. bank of canada put the stop on it

melissa lee tonight's lineup -- tonight on fast, bitcoin breaking out where is it headed from here the chart master is standing by to break it down plus our chart of the week one of our traders has been recommending for a while, but it's down more than 7% since monday and later, a huge week of earnings take a look at that list we will tell you the four names traders are watching the straw that may have broken fac facebook's back. it is tied for the longest losing streak in the company's history. it has been under pressure since the damning article on the impact it has on young girls this is not just broad tech sector weakness. facebook shares may have come away unscathed from everything from elections, but in the last month it's different could things be different this time >> if you think back to june, july of 2020, a lot of advertiser pullouts and facebook down 10 to 12% and stocks stormed back for a lot of reasons. mostly because it's the only game in town in terms of ad growth the ad growth is nothing short of spectacular facebook is at the front of the loin ad pricing up 43% last quarte

oil itself was a lot lower i can't fully explain it i don't know if we have the chart of the forward curve, and if we see it over the last month and six months ago, we could see that really we're in a backwardation. tim always points out that the curve can be wrong, but it's interesting to me. that tells me at the commodity is more likely to come in, a much bigger run that is the equities instead of hanging on to my oih, a big portion, and then a bunch of various others, but what we didn't see today, the bond market was closed. i would be interested to see if rates tomorrow are moving up or down with this move in energy. >> yeah, it's frustrating to type in ten-year treasury and not get a price on it. tim, is the chart wrong, in your view >> well, commodity curves across the commodity complex are starting to strengthen i think they are starting to have more conviction karen brings up a good point on bod markets. this oil price move puts the fed in a different position. although we have inflation everywhere, we don't need this here, and i think that's a place where it needs to be cons

it has momentum and a great long-term chart. i think it's going to 175. then there is one name i don't want to touch. i think we have to be very skeptical of amazon. there are 60 analysts who cover amazon on the street all 60 have a buy rating on the stock and no one has made money in 18 months i thought it was tepid today if amazon can't hold 3175, it's going lower. three names we like, one to be careful with, but maybe more selective in the final months of the year >> that was strong calling out the sell side on amazon. jeff has a question. >> you know i read your stuff. looking at some of the recent reports and the strength of the market we have seen reemerge and talking about some of the areas that have been beat up and starting to recover, you are seeing 95% above the 00 day, 95% of banks above the 200 day. so is it a symbol of longer term growth >> you said it eloquently at the top of the show. this growth scare with the market four or five months is coming to an end i am not sure that's great for the index chgt it might be good for the average cycl

we have to do more than what i did just now we'll go off the charts and find out. >>> energy companies are taking more interest in esg i'm learning how embridge wants to move. 6% yield stay with cramer >>> don't miss a second of "mad money. follow @jimcramer on twitter have a question? tweet cramer #madtweets send jim an email to madmoney@cnbc.com or give us a call at 1-800-743-cnbc miss something head to madmoney.cnbc.com. that building you're trying to sell, - you should ten-x it. - ten-x it? ten-x is the world's largest online commercial real estate exchange. if i could, i'd ten-x everything. like a coffee run... don't just sell it. ten-x it. in business, setbacks change everything. so get comcast business internet and add securityedge. it helps keep your network safe by scanning for threats every 10 minutes. and unlike some cybersecurity options, this helps protect every connected device. yours, your employees' and even your customers'. so you can stay ahead. get started with a great offer and ask how you can add comcast business securityedge. plus for a limited time, ask how to ge

a one-year chart hardly took a dip. went up to 136 in september. now down to 116. i bought it at 28 in 2018 and have a lot of shares of it o'wanted to know what's happening to it? >> well, the kinds of stocks rolling over a lot of people feel a lot more deals happening. othering moving on to another part of the cycle. my take. you have too much of it. big gains. i need you to -- play with the house's money by taking some off the table. you'll do that on monday morning, please. sounds like you're a very nice person who likes me. i'm give ug that go to stephen in new york. stephen! >> caller: jim, thanks for taking my call. >> good to go. what's happening >> caller: calling on behalf of my and your second biggest fan my sister lisa in st. augustine, florida. >> wow leaped right over my two daughters. but that's okay. i mean, they have mixed emotions go ahead about the show, i mean, about the show >> caller: i love the new invest, game changer. >> club is fun we make love in the club -- not really i have his book by wait. right here and see that just in the bucket >>

the divergence in the chart, i think it will continue for a while. i think amd will go higher while four others will go slightly lower. >> do you not want to be in the suppliers, you want to be in the others >> i wonder if we are missing a little bit here. guy mentioned a great point and i don't think i could be more eloquent all of those guys have conceded the leverage of supply for apple. apple wasn't very transparent for what their supply chain looks like iphone is about 50% of apple's revenues much who am i looking at apple. i am surprised the stock hasn't traded off more. i do expect amd and mvidia has been top in class for sometime texan, i'm with guy in that that price is bloated but its return on equity supports it. i think you are paying for a premium there. i would be waiting to get back into apple i would be looking squarely on them vis-a-vis the suppliers >> sounds like bonawyn thinks there is more downside to apple. >> i am in apple i think it hasn't sold off because of the 53 or 54 in services even though he is correct on the iphone num

chart thinks you need to bet cautious of crude going forward.hink that makes sense, much more "mad money" ahead including my inclusive with santeen, i am talking with the ceo there is one new pieces of facebook's puzzle that could be criticized i could be the biggest and tonight's edition of "the lightning round," stay with cramer i just became eligible for medicare and, can i say? it's so overwhelming. a, b, c, d - all the different plans and all those stacks of mail? i didn't know where to start. then i called humana, and they helped make everything simpler. i talked to a real live agent who treated me like a real live person. she was kind, patient, and she took the time to get to know me and answer all my questions. she told me that an all-in-one humana medicare advantage plan includes coverage for hospital stays, doctor visits and prescription drugs. most plans include dental and vision. but first, the agent i talked to, laid out all of my options. i learned that original medicare covers the basics, like emergency care and doctor visits. it

let's take a look at the charts.st, this is a chart of what's known as the baker hughes recount. it's a company that always generates the numbers that come out on friday. last week there were 433 rigs running in the u.s that's from a low of 172 in august of last year. that was -- that was armageddon for the industry garner notes that the rig count has consistently marked higher since the beginning of the year but, see, it's not going up birks all right? but there's no reason that it should giving the price of oil, that it shouldn't keep climbing. of course, before the pandemic and the opec price point, the recount was well above 600, but we're getting closer and closer to that level. now, it's not fast enough for the oil bears, all right, because you can extrapolate. this is -- this is, you know, going to be like march, but it's going in the right direction if you're a bear. i talked to many of the producers myself, okay, and i know they have been holding back, and they were holding back i think correctly. they don't

let's have a look at the chart of cpi.his big diversion's that you are seeing between china's factory gain inflation which was 10.7%. we are looking at u.s. inflation now and cpi. this is really adding to this chorus. you will see a 50 basis point cut to the rrr. bloomberg economics saying that the pboc has room to maneuver. let's look at how it has flowed through. there's a beautiful chart on the gtv. let's have a look at how it flowed through the markets. we have seen weakness coming through in china's equity market. elsewhere, growth straw -- stocks pushing higher. the nikkei doing very well in supporting asian equities. it's just about this reopening theme as well. monetary authority in singapore tightening. they are worried about inflation. have a look at the indonesian yeah. bali is reopening to tourists including the uae. dani: thanks so much. juliette with all the charts, whether she wants them or not. let's stick with that u.s. picture. u.s. inflation coming in harder than expected, underscoring the perspective of

the chart i am presenting has been reformatted for this presentation, but they'll derive from charts and tables in the 21 report. at the bottom of each side, you will see a note in blue identifying that. this exhibit shows the results of our analysis of the relative influence of the factors driving change in worst-case needs between 2017 and 2019. we see an increase in worst-case needs of 159 households. shifting toward homeownership reduced worst-case needs by about 45,000 households. growth in renters legs the growth in homeownership. -- increased worst-case needs by about 20,000, but there was a net increase of very low income renters. worst-case needs increased as housing became scarcer. the rental assistance counter -- can tracking these needs was a modest expansion in the renting supply over this period. the increase in rental housing reduced worst-case needs by 218, 000. this slide shows the number of households with worst-case needs in 2019 across racial and ethnic groups. about 3.6 million of the households with worst-case needs were non-hispanic white. about 1.9 million wer

♪ bottom of the chart bottom of the charts ♪ [ cheers and applause >> jimmy: all right.aughn." >> steve: really >> jimmy: now -- [ laughter ] >> steve: wow. >> jimmy: i think this is a cover of the kelly clarkson smash "since u been gone." >> steve: but sung - >> jimmy: this is sung by the actor vince vaughn >> steve: and he renamed it -- >> jimmy: "vince u been vaughn." [ laughter ] i don't know for a fact, 'cause i also heard rumors on the internet -- i mean, it was down today, obviously >> steve: right. [ laughter ] >> jimmy: that vince wrote his song first >> steve: really >> jimmy: "vince u been vaughn," and kelly - >> steve: did a cover of vincent vaughn's "vince u been vaughn?" >> jimmy: yeah, kelly clarkson's "since u been gone" is a comedy parody version >> steve: like a weird al. >> jimmy: like a weird al version of the original song by vince vaughn >> steve: "vince u been vaughn." >> jimmy: "vince u been vaughn." >> steve: really [ laughter ] >> jimmy: i saw they heard - >> steve: so now people -- the interwebs are going like crazy and stuff. >> jimmy: i would

i announced my chart of the year this morning. jonathan: you have a chart of the year? since when?: i have been doing a chart of the year for 20 years. jonathan: i thought that you did book of the year. jonathan: i do book -- tom: i do book of the year, album of the year. lisa: we get bowtie of the year. jonathan: that was rude of me. i interrupted. tom: this is not the bowtie of the year. jonathan: tell us what the chart of the year is. tom: the rate of the change of commodities. it is jaw-dropping. other than the 1970's, it has happened maybe two or three times. lisa: what was it last year? tom: nothing like this. jonathan: i don't remember it. lisa: i don't either. tom: i read did between deficits. never done that. that is why i used the commodity index. jonathan: that is why it is chart of the year. on october 15. tom: if i do a commodity chart i have to do -- jonathan: is it this week? it is october. i don't even know when it is. lisa: when is the road trip? jonathan: you can add that to the road trip, too. tom: emily wilkins is with us from bloomberg government. i want to tal

what is your most important chart right now? have an a cup of coffee with ed hyman, and you say this is the chart that matters. which one is it? ed: i think it is definitely the consumer inflation charts. i like to look at whatever is available there, and one of my charts shows the consumer price inflation has picked up by the ppi, which does not include rent , and then of course the cpi, which comes out a little bit summer than the consumption deflator, but that is the one i like to watch. the cpi gave the market some hope that on a year-over-year basis, it may be peaking in august. but on the other hand, the consumption deflator continued to move higher, and so did the ppi numbers. i think we will be looking at that same chart because he just recently said he is frustrated by the shortages, and that he now thinks because of the bottlenecks in global supply chains, that inflation may be more persistent and less transitory than he thought. so he is clearly moving away from the base effect and talking about shortages. tom: do you

so you can see from the charts in the way switch to households experienced the worst-case needs vary by race and ethnicity predict native hawaiian and pacific islander households have the highest rates of worst-case needs of 55 percent and 13 percent of all households. and the nation households and hispanic households. black non-hispanic households had a relatively low rate among very low income renters - 36 percent. this reflects a relatively high rate of housing assistance among very low income black renters. however, the orange bar to see the rate amongst all black households is 10 percent, more than twice that for white households. this revokes the fact that a much higher share black households are very low income and rent the housing. [inaudible]. this chart illustrates the vital role that housing assistant place in preventing households from experiencing worst-case needs read in the exhibit, central city were shown by the blue bars in the purple bubbles and non- metro areas by the green bubbles and the other bibles represented the larger national sheriff the worst-case househol

now this chart is showing how u.s.onsumer prices in china's producer prices have been really closely intertwined. metrics remain extremely elevated for ongoing supply chain challenges and material shortages continue to add upward pressure. those issues are likely to show up in chinese trade data on wednesday. the bank of korea will likely refrain from back to back rate hike and up for a move we get a policy decision in singapore with the city states third-quarter gdp numbers in that series ahead. haidi: all of this comes after another bigamist for u.s. payroll. the addition of 190 4000 jobs in september signaled a slowing labor market recovery and further complicates the fed taper calculus. quakes there is a supply issue in terms of labor. >> what held workers back was the delta variant. >> the demand for labor is high. coming back in the labor force fast enough. >> i think it keeps the fed taper on the table. >> the fed doesn't modulate supply of labor. >> they should go in for and begin to taper. the vehicle and is w

all kinds of different artists that were like nothing else in the charts.become slightly more corporate as time goes by, there has been an encouragement for us to head for the middle. >> these are some extreme times in the best possible way. ♪ laura: i can tell you that my father always wanted hair like simon. now my dad has more hair than simon. i have to tell him. we bring you ns of a new arrival at his sue and the u.k.. the black rhino is a few years old and does not have a name yet . there are 3000 black rhinos left in the world. they are a critically endangered species. the zookeepers are very pleased with his progress. he is just figuring out how to take his first steps. orable. i am laura trevelyan thank you so much for watching bbc world news america. good evening. narrator: funding for this presentation of this program is provided by... narrator: financial services firm, raymond james. man: bdo. accountants and advisors. narrator: funding was also provided by, the freeman foundation. by judy and peter blum kovler foundation; pursuing solutions for

but this chart is not what i would expect to have seen with a vaccine that was highly effective and we all were hoping would happen pretty was we have a high percentage of americans vaccinated together with thoseid who had like myself it had covid-19 and you can see, prior to the vaccine to be able to take effect, the first major surgery was winding down and i would've expected to see a continuing winding d down. but that is what we saw, we sing the surge. an additional deaths rated in the tragedy continues. now back on september 9, president biden said this pandemic will go are that was of the vaccinated also not about freedom rated our personal choice, no, this is exactly about freedom and personal choice. he also said, in july of this year, july 31st, he said that if you are vaccinated, you're not going to be hospitalized. you're not going to be in the icu unit, you're not going to die. not going to get covid-19 if you have these vaccinations. today, i received an e-mail from constituents in wisconsin and reading the excerpts and i'm not going to identify the individual because he f

so here is the pressure chart for tuesday.e uk. this weather front will be affecting more northern and west parts of the country. further south and east you are, close to this area of high pressure over the near continent, then it is likely to stay largely dry. but it will be a breezy day wherever you are. like i mentioned, staying largely dry with some sunny spells across southern and eastern areas. cloudier further north and west, outbreaks of rain, some heavy and persistent, particularly across western hills, northern and western scotland, perhaps into north—west england, north west wales at times. it will be pretty cloudy and dull, but look at these temperatures. despite the cloud and rain in the north, all the sunshine in the south, looking at temperatures a good five degrees above average. it's very mild as we move into the middle part of the week. further wet and windy weather across north—western areas, and by friday, it looks like some of that wet weather will reach southern and eastern parts as well. see you later. t

take a look at our chart of the day. ripping higher, the 32 year treasury spread.ar tim, what does this tell you >> that's pretty incredible, especially when you think about the peak in yields in the last three weeks -- you have seen the shortened of the curve. inter day i think got near 57 but closed below 50. the chart you are showing here, this is a dramatic reassessment of where interest rates are going. it is the long end you worry about. what this is telling you where clearly they are moving without the fed. ultimately we have seen central banks, talked about them with the bank of canada or bank of new zealand or central bank this morning. hiking rates and beating the fed to it. the dynamics, everything we have heard around systemic inflation, market service inflation tells us where this is moving. we talk about sensitivity of banks, something investors need to be watching >> karen, to connect the dots, the factit is flattening and the spread is tight, the market is anticipating higher rates in the near term but not accompanied by longer term growth, right? h

something that equities price in a couple of charts the shorter chart, look where the dollar was goingo covid. we were closer to a 98 handle. it crosses with the euro, the pound, the yen the dollar could be moving higher some of that is implying the fed will be taking liquidity out of the market if you look at the ten-year chart, go back to 2014 and look at the huge dollar rally which was painful. that was a sign the fed was moving more aggressively we may be getting that again >> guy, we are just coming off a segment about rising commodity, what is the best performing commodity of the year, coal, nat gas, and yet we have strengthening dollar can you walk me through that >> much different story. a weaker dollarwill be a tremendous tail wind for the things we mentioned and a stronger dollar is a bit of a headwind but ain't stopping it these are two different stories in my opinion. president trump, say what you want about him, but he correctly pointed out that's the last thing we want in this country. a strong dollar is great for you and our buying power as citizens, but it's miserable i

to me, those charts look peaky. it's a very service driven economy. it's not a widget driven economy. so prices are probably picking up, but the whole concept of commodity prices are going up so inflation should pick up, it's a 1960's view of the world. our market intensity of the stock market has dropped dramatically to report -- two or 3% of various indices. with the service economy consumes his human beings. it's not copper and iron ore its humans. so you have to look at the adjusted cost of human beings, unit labor costs, and unit labor cross -- cost across the developed world are exceptionally contained. if you look at the u.s. labor costs second-quarter is rising to a -- .2% year. and that's because productive areas picked up quite dramatically. i think that's what people tend to ignore. they talk about wage growth is high. but they forget to account for how productive workers of become , i guess because of the use of technology. rishaad: just very quickly. you could've called me a 1960's men. >> i would have. rishaad: let's have a look at possi

charts going. i think you run into, again, i know we're trying to xbi or ibb it i think you have a case where you've got big cap names that all have issues growing their top line so look at amgen they have got declining businesses in asthma, cancer and the goal is to extend the duration of the drugs. so i think, you know, in the case of gilead, you have hep c, hiv drugs the story is tomorrow's savior, there is a lot of concern about m&a, chasing the next shiny object some companies need to find growth even though the balance sheets are okay. >>> a news alert out of the s.e.c. let's get to bob pisani who has the details. >> the staff of the s.e.c. has released a long awaited report that focuses on the meme strong craze that speaked in january, particularly the trading around gamestop what caused allthat volatility the report examined institutional accounts that had significant short interest in gamestop and concluded that while short covering was a factor, it was a small fraction of the overall buyi

was it an old pipeline that was not properly charted? these are the questions we have to ask. >> reporter: the coast guard says the pipeline may of spilled 150,000 gallon of crude oil into the ocean. a nonprofit organization that uses satellite technology to track ships says it never came closer then 1500 feet from the line and unlikely the ship's anchor is to blame. southern california, though, just like oakland is experiencing heavy containership traffic during the pandemic. >> there is no space to put the containers, lack of equipment. not enough chassis. >> reporter: a spokesperson tells the ap that the company is fully cooperating with the investigation and that the company also says that the ship was pretty far away from the pipeline. in oakland, back to you. >>> switching cross-country, looking live at capitol hill tonight. the facebook whistle-blower expected to meet with the house committee investigating the january 6th as toow cording to cnn the committee wants to ask francis hogan how the platform was used to organize and enco

let's look at a 5-5 and a chart of west texas, -- let's look at a five-day chart, west texas, holding $82 intraday. looking at brent crude also holding higher, and many say it is on target to hit $85 imminently. but the real issue here is whether the crunch will force many natural gas and other generators to switch over to oil . that is adding demand that was not even anticipated a short time ago. let's jump into the bloomberg and look at coal. that underscores the never before seen prices we are seeing. we also have rain with flooding in a key area of china, and that is just adding to the energy shortage and the energy concerns. lastly, look at the aluminum price, which sophie mentioned, and you can see how that is continue to skyrocket, further adding to inflation concerns and just wrapping up how commodities are the big driver here. haidi: some banks and analysts, where do they think it will go from here? su: higher and higher, $90 being the next up, citigroup raising price outlooks from $85 to $90 for west texas intermediate. a big jump from the height of the pandemic. one year ag

we like to do our favorite charts of the week.ick from when it comes to the energy and gas crisis. this is actually a chart of the dirtiest coal you can burn and their prices. it is from indonesia. you can see the massive spike we have seen, despite the fact that it is among the dirtiest. we saw prices as low as $20, $20 a ton, now looking at $135 a ton as of this week. they just want the energy, no matter the cost, and potentially no matter what the environmental impact will be. they are really into decarbonization. this isn't cutting it. guy: it is interesting to see what they are saying about coal at the moment. they won't be building any external, but they weren't really doing any external coal plants anyway. so when are you moving? alix: maybe next week and on weekend after. guy: i get to see it tomorrow. i'm taking my eldest son and some of his friends as a birthday treat to see the bond movie. we are super excited about it. obviously it has been heavily delayed, so we have been waiting to see it. the last one, i have to say

billy billy, alibaba -- i want there to be a chart with about about and o'reilly auto parts. about about o'reilly an obscure who reference anded by you soring in october this as the chinese economy slows. at its weakest pace in a year. should the bounce be believed. we asked our trading nation team ava, can i trust the bounce in chinese stocks is it time to lag a little money in >> we would say no we would advocate no more than a small risk speculative position when it comes to china we are tracking 170 entrepreneurial chinese companies of which our holdings appreciated 11% year to date much of it is because of the overreaction we saw early in september. the regulatory risk is real. it is unpredictable. it's here to stay. many companies that we are tracking are grappling to meet the regulatory demands >> so you are worried about regulatory risk. in other words you would rather put your money to work in a place where the rule of law is more consistent, it is not sort of up to one man or one person to decide. am i understanding you right >> that's exactly right. there are two k

however, look at this chart. they are expected to raise that key rate by 25 basis points to 0.5%. it was pushed down 75 basis points in march of last year when the pandemic started wreaking havoc on the economy but a move to 0.5% today because look at the blue clyburn. -- blue line. that's at 3.3% and breeched the top of the target in july. you think maybe something low rates had something to do with that? let's look at house prices because in the latest month they were up 25.5% at a year over year rate. surging house prices are a big, big, big concern in new zealand. another reason why they're expected to move today. now, let's see and again, the price there is another reason that there's a concern. but in terms of the rbnz they held off in august not because they didn't think they needed to raise rates, probably 50 basis points but there was the day of the meeting lockdowns announced. and the head of the rbnz said later it was a communication challenge. how could they turn on a dime so quickly? so they didn't. then -- and we spoke to him two days later and asked him about well,