guy adami, tim seymour, dan nathan and chris verrone a pair of retailers, target and costco going to all new highs. chris verrone and what's got him feeling so bullish disney shares going positive after officially dropping on the results. julia? >> lower than expected revenue but stronger than expected bottom line results. those earnings really driving disney higher. it's up 4.5% on news that disney is bracing its direct relationship with consumers announcing it will show mulan to subscribers on september 4th this is a dramatic change to disney's distribution model. it is sending theater chain stocks lower it's building on a bright spot in the quarter which is doisney plus topping 60 million subscribers. disney now has in total over 100 million subscribers across its direct to consumer businesses. >> despite the challenges of the pandemic, we've managed to take deliberate and innovative steps in letting our businesses. at the same time we've also been very focused in advancing and growing our direct to consumer business, which we see as a top priority and key to the future of our com

chris verrone, i look at the trend base and it is extremely well behaved, extremely well contained. can you extrapolate to a target? if so, how far out can you go with enthusiasm? christohper: the only targets we care about are higher or lower. i think the trend is up here. when trends are positive, you buy weakness. it's been five or six months since we had anything more than a 5% or 6% drawdown. we may get something like that over the next several months, but how do we want to treat weakness? we want to be buyers of what when trend is up, and i think that is still the base case here. tom: which sector has the best relative value? i want to buy the dip in amazon. the banks are unloved. which is the sector where you get the pop off of everything else? christohper: i think industrials are emerging as multiyear leaders. they have been in purgatory for the better part of the last half decade. i think that has changed in a meaningful way. i would encourage everyone to look at an equal weighted industrial sector relative to the s&p. this is the real deal. this is the start of meaningful

guy adami, tim seymour, dan nathan and chris verrone a pair of retailers, target and costco going toew highs. chris verrone and what's got him feeling so bullish disney shares going positive after officially dropping on the results. julia? >> lower tha

chris verrone just put out a note and he said -- is inflationary. participate in a pending powell reflation? mitchell: the question is if there is enough demand when businesses are struggling. apartment rents will be inflationary because of the supply and demand dynamic. i question whether or not businesses have the capacity to pay inflated rents over time. tom: this is the heart of the matter. you have to make more money. some of the realities of new york city real estate is the incomes are not there to support the rent. is that where we are? does the wage growth stop there and the revenue growth stop there for businesses? mitchell: we have talked on the air in the past about the fact you have all these for rent signs in retail across new york city. i think ultimately landlords will have to lower their asking prices to get tenants if they want to fill the space. there is not enough commerce to support that high rent asked. i think you will see falling rent prices or a lot more for rent signs. lisa: is at the same story on the residential side? how