there's a proprietary oscillator i watch it very heavily for the cnbc investing club.s a paid subscription. product measures buying or selling pressure. when you get a minus five, that indicates there's most likely too much selling. hey, when you get a minus ten, well, you got to do some buying, even if everything seems horrible. we were getting signals that things were much worse than that near the bottom in 2009. another way to look at it, i got one. i like to see who's been pessimistic or concerned about stocks, but is reluctant to say anything positive. who then changes his tune? the best example of that kind of that big switch came from the late, great mark haines, who had this to say back then. >> i'm going to step out on a. >> limb here. >> the big hold. >> on everyone waiting for. >> this, we're at the bottom. >> i really do. i think we're going to have. >> a rally. >> there we go, man. >> unafraid to. >> make a call. and. >> well. >> let me. >> tell you the rally. >> but i think, in other words, i think. >> today this is for real. >> man, what a call. look at

. >> join the cnbc investing club >> join the cnbc investing club to access gyms monou c ♪(voya)♪ thereings that work better together. like your workplace benefits and retirement savings. voya helps you choose the right amounts without over or under investing. so you can feel confident in your financial choices voya, well planned, well invested, well protected. >> economy. ♪♪ well would you look at that? jerry, you've got to see this. i've seen it. trust me, after 15 walks, it gets a little old. ugh. i really should be retired by now. wish i'd invested when i had the chance... to the moon! unbelievable. stop waiting. start investing. e*trade ® from morgan stanley. >> we're now the closing bell market zone. cnbc senior markets commentator mike santoli is here to break down these crucial moments of the trading day. plus, two retailers hit pretty hard in this sell off today courtney reagan with those details phil lebeau on how the auto stocks are reacting to the latest tariff twists and turns. caught. we begin with you tell us. >> yeah. so kohl's on pace for its worst day on record. back t

sure that club members get the access they need to make more informed decisions. >> join the cnbc investing clubhe cnbc investing club to access jim's monthly mee only the servicenow platform connects every corner of your business, putting ai to work for people. - hr? - yeah. - it? - yeah. - r&d? - yup. omg? uh... oh, i see. uh... yeah. that's the department i work in. alright, enough of that. with certified organic cotton wool and latex. plus ergonomic coils to support your body's natural curves for cool and restorative sleep. featuring a one year in-home sleep trial, complete your bed with organic pillows and bedding. shop today pillows and bedding. shop today at avocado ♪♪ [inner monologue] we're sitting ducks. waiting for them to infiltrate our defenses. millions of tries... and... they're in. uh-oh... this one's in the code. ♪♪ for you. >> you're making. everything orange. >> we're showing we're consumer. cellular gets great coverage. >> we use. >> the. >> same powers as big wireless, so you get the same coverage. >> wow. >> for unlimited talk and text with reliable coverage starting at jus

cnbc. don't miss a members only event. >> we make sure that club members get the access they need to make more informed decisions. >> join the cnbc investing monthly meeting. go to cnbc. com slash monthly meeting. >> when it comes to tariffs, there are two ways to do it. you can burn the forest down or you can do a controlled burn. right now with canada we're opting to burn the forest down. let's go over this. i think trump's heart is in the right place on this issue. our alleged trading partners are absolutely taking advantage of us. america is the only country that plays by the rules on trade. they love getting cheap stuff, even if it devastates entire industries here. but president trump needs to explain his reasoning, and he needs to roll the tariffs out in a systematic, non capricious way. if he did this methodically, if he spoke softly and carry a big stick, i think he'd get a lot done. that's the controlled brushfire that shows we can handle things. not personal, just business. instead, we're using flame throwers and high explosives and they aren't working. it's telling that the greatest success president trump has had so far is wit

cnbc don't. miss a. >> members only event. >> we make sure that club members get the access they need to make more informed decisions. >> join the. cnbc investing monthly meeting. >> go to. >> cnbc.com slash monthly meeting. >> to canada today announcing 25% reciprocal tariffs on some u.s. imports. meantime, the president's. 25% tariff on all steel and aluminum imports kicks off today. and as a result, our next guest company has paused all shipments to the u.s. michael garcia, the ceo of algoma steel, one of the largest. >> steel producers. >> in canada, joins us this morning. michael, thanks for the time. appreciate it very much. >> my pleasure. >> can you talk about the preparation you've made. for this. particular day? >> sure. >> well, the pause in shipments is really temporary in nature. yesterday around midday, we picked up news that there may be a 50% tariff as of midnight last night or this morning. that then changed by the end of the day to 25%. and there was talk about a further follow on meeting happening on thursday between premier ford and mr. lutnick. so i think for a matter of a couple of days today and maybe tomorrow morning, we

. >> join the cnbc investing club to access jim's monthly meetinga smart. >> find an advisor at smarttocks are higher today, but recently, terror fears have hit the market. a big concern is whether consumers can hold up. should prices increase, even if temporarily. so let's check on a couple of consumer companies, starting with costco. the stock's down 6% following earnings, which were after the bell last night $62 billion of revenue in three months. not enough for analysts. the company has said it's ready to adapt if tariffs are imposed. they had a miss on the bottom line. on the other hand we have gap now. its earnings were much better than expected. so is it margins beating slightly on revenue, saying every brand gained market share as far as potential tariffs gap. gap says it will have a small impact on margin. less than 10% of its products come from china, less than 1% from canada and mexico combined. you can see those shares are spiking 16% right now. this has been a turnaround story for a little while now. >> everyone loves richard dixon, the relatively new ceo of the gap. >> h

investments right now. stay ahead of the market. squawk box today, 6 a.m. eastern. cnbc. don't miss a members only event. >> we make sure that clubeed to make more informed decisions. >> join the cnbc investing club to access jim's monthly meeting. go to cnbc. com slash monthly meeting. >> welcome back to worldwide exchange. quick look at us futures right now. we've been talking about it all morning in the green off across the board after a very volatile day yesterday. take a look. looks like the dow would open up about 200 points higher. up just under a half a percent. the s&p moving up over half a percent. similar story for the nasdaq as well. i want to take a quick look at the s&p 500 premarket gainers right there on the top of the list. that's intel. we kind of touched on this very briefly earlier. intel shares up about 8% on a report that tsmc pitched an intel foundry joint venture to nvidia, amd and broadcom moving that stock higher. tesla, palantir and nrg rounding out the top performers on the s&p 500. and looking at the nasdaq 100 gainers right now, intel top of the list there, followed by apple and tesla and palantir. k

investments. shaping tomorrow today. breakthroughs the state of the sector inside an analysis for investors john fort morgan brennan closing bell overtime for eastern cnbc don't miss a members only event. >> we make sure that. >> clubthey need to make more informed decisions. >> join the cnbc investing club to access gyms monthly meeting. go to cnbc.com slash monthly meeting. >> we're back. concerns about the economy and the way the trump administration has escalated its trade war. sending stocks into a meltdown lately is the worst is behind us. let's ask ron insana, eye-fi ceo with me here on post at post nine on set. it's good to see you. good to see you. what's your sense of what's going on here? i know. >> it's from a market perspective. >> i don't think we're quite done. >> i mean, this was not exactly an. >> impressive bounce off the lows. yeah, yeah, it's a little feeble. yeah. >> i think. >> the chaos and the. >> uncertainty is unsettling. >> and you're starting to see. >> more and more stories come out of business. executives quietly are complaining, but not. >> yet. >> publicly willing to say anything. >> and you're seeing a lot of disruption take place. >> both at the business. >> level and, you know. >>

cnbc live. ambitiously, don't miss a members only event. >> we make sure that club members get the access they need to make more informed decisions. >> join the cnbc investingess gyms monthly meeting. go to cnbc.com slash monthly meeting tomorrow. delaware governor matt meyer the strategy to keep delaware america's incorporation king. plus, how changes in washington are impacting his state. stay ahead of the market. squawk box tomorrow, 6 a.m. eastern. cnbc. what's the. >> worst phone. >> call an exec can get? >> bleach. what? >> scott harris. >> right now we are completely offline and there is. >> a. >> ransom alert. >> so how are you going to recover. >> from that? what if you could instantly. >> rewind back. >> to before. >> the attack. >> with commvault? you can do it in just minutes. >> like it. >> never happened. >> it's the. >> fastest. >> most complete. >> recovery anywhere. so you can be a. >> continuous business. small companies sometimes disrupt the pharmaceutical industry through innovation and speed. introducing khalidi biotherapeutics, ticker cl d on the nyse american, a clinical stage company pioneering a transformative approach to treating c

. >> join the cnbc investing club to access gyms monthly meeting. go to cnbc. monthly meeting. >> welcome back to the exchange. congress only has about four days to avoid a government shutdown, and the chances of getting a bill passed are looking somewhat tenuous. emily wilkins joins us with those details. the margin, emily, as we know, is very slim. and they already lost massie. right. >> they did already lose massie. kelly. and, you know, there are two hurdles that congress is going to have to overcome this week if they want to keep the government open. and the first is you identified its house republicans, if you remember, for the last two years, republicans, they have not been able to keep the government open without democratic help. but this time might be different. democrats are a hard no in the house, and trump met with these holdouts last week to make the case that if the department of government efficiency doge, that they need the government to stay open so they can keep working. and some republicans have bought on to that argument. you see, some of th

. >> join the cnbc investing club to access gyms monthly meeting.nthly meeting. >> welcome back to the exchange. just as lumber is getting caught in the tariff, tit for tat. homebuilder lennar's first 3d printed community in texas is now complete. people have moved in. diana olick is there with a look inside these homes. and what's different about them? diana. well, kelly, this is. >> the. model home for what is now the world's. largest 3d printed community. and yes, the walls do feel like hard, wide wale corduroy. and yes, they even continue well into the bathroom now. lennar partnered with icon, which is a 3d printing technology company. they printed 100 homes here and they actually, believe it or not, did it a lot faster than it would have taken conventionally. >> we have a durable product here that if you look at its wind resistance for hurricanes, it's fire resistance for fire worn areas, the ability to adapt modern product to what we need for the future in housing, in building a healthier housing market, is amazing. >> icahn started two years

cnbc. don't miss a members only event. >> we make sure that club members get the access they need to make more informed decisions. >> join the cnbc investing club to access jim's monthly watch golf from the best seat in the house with xfinity. from the tee to the green, catch every pivotal moment of the players championship in crystal clear enhanced 4k. find tee times, tour your favorite holes and see live leaderboards and scorecards. and with xfinity multiview, never miss a moment. watch up to 4 live events at once. brought to you by comcast business, proud partner of the players. just say “the players championship” into your xfinity voice remote. >> buy. and measure tv ads. >> all right. welcome back to worldwide exchange. quick check on momentum stocks like stocks powering the market over the last year and their performance since president trump took office. you can see palantir shares still holding on to some of their gains up more than 6%. but vistra energy big i power play pulling back more than 35%. walmart down about 5%. broadcom pulling back more than 20%. checking those same names in the premarket. right now you're seeing palanti

. >> join the cnbc investing club to access gyms monthly next on the red carpet we have gina costa... simply stunning... with this season's hottest accessory. -[ cellphone vibrates ] -oh, what's this? she's opening her fidelity app... to buy that stock... for exactly the amount she wants... no fees or commissions... what will gina do next? gina has roller derby at 6:00 pm. i'm there. get started investing for as little as $1. talk about easier investing. >> get your. >> new solar generator and free solar panel. >> at four patriots.com. >> you did it. you took an idea on a napkin, built a successful business, and. >> made it look easy. >> but at us bank. >> we remember. >> what went into getting here. the hard work, self-doubt, tough. >> decisions from. >> all those. >> extra. >> hours to finally enjoying the rewards. our wealth management team is always here to work with you. and every generation to come, because there's nothing as powerful as the power of us. >> life doesn't come with. >> an owner's manual. freedom is getting to write your own. so get. 10% off a jeep wrangler. >> or.

. >> join the cnbc investing club to access jim's monthly meeting. go to cnbc.com.onthly meeting. >> time. cramer's mad dash as we count down to the opening bell. >> david faber often asked me, what's the key to this market? i'm going to have to give three keys. i'm sorry a lot of doors. sj smucker sjm. >> presenting today. >> yes, colgate and jnj. these are two companies, sjm and colgate, that are not doing well. they had suboptimal results. jnj has moved up mightily and is right at the level where it can either break out or be repelled. not sure about this. and what i'm saying is, is that these three have been bid up unnaturally by this program, which is out of the really good stocks of companies that are doing really well and into the companies. and i don't mean to slight j&j, but it's been suboptimal. this is see look at this. all right. well anyway this is the breakout level for jnj. if this market is going to bottom j&j has to be thrown back to the 160 level. smucker has to be thrown back to the 110 level, and colgate has to be thrown back to 92 level where th

to make more. >> informed decisions. >> join the cnbc investing club to access jim's monthly meeting.t and you're watching squawk box right here on cnbc. i'm becky quick along with joe kernan and andrew ross sorkin. and the futures on this monday morning are significantly weaker. you are now talking about the dow futures off by more than 440 points, s&p futures down 70. the nasdaq down by 278. of course this comes after a down week once again last week. let's get over to mike santoli at the nyse. mike these losses are really starting to add up. >> they are becky. >> in fact. >> the second week in a row where we had kind of this phantom friday afternoon rally that seemed to take the pressure off. that was kind of immediately given up on monday morning. so down around 70 points. >> in the s&p 500 futures. >> that means. >> it's. >> going to put the index at. >> as indicated right now around that 5700 mark. >> we've spent. >> the better part. >> of a week there kind of chopping around that level trying to make it count. it's unclear if the. >> market is kind of over. >> enough on the dow

cnbc live. >> ambitiously join the club and. >> start your investing day before the opening bell with specificmembers only. >> by joining the. >> club. >> it gave. >> me. >> access to. >> that knowledge. >> from jim that. >> gave me more confidence in my investing decisions. >> it's very helpful. it's information that you have is privileged information. there is no other source of information that you can get as much as you can get from him. >> get invested, join the. >> club. >> get invested. join the club >> get invested. join the club today. go check in time is 3:00 it's 2:55. i know. is this what he's doing now? as your host, i have some rules. first, no showers longer than 5 minutes. this isn't a spa. no games. no fun. yes, coach. (♪♪) meanwhile, at a vrbo... when other vacation rentals make you share your turf with a host, try one you have all to yourself. my mental health. with my physical health. >> i get my vitamins. >> enzymes. >> probiotics in that morning shot. >> it's like. >> a little morning date meat, avocados. >> best selling green mattress made with certified organic cotton,

cnbc. >> i started the club to help you feel confident to invest yourself. >> free market. >> morning meetings. >> afternoon meetings. >> and his show, mad money. jim cramer gives you. >> much more. >> than. >> you would ever get. >> from any advisor. >> jim cramer is an excellent teacher for someone that wants to learn how to. >> manage. >> their own money. he teaches how. >> to invest versus just what. >> traits to make. >> we teach club members how to invest the right way. invest the right way. >> get invested. join the ♪♪ well would you look at that? jerry, you've got to see this. i've seen it. trust me, after 15 walks, it gets a little old. ugh. i really should be retired by now. wish i'd invested when i had the chance... to the moon! unbelievable. stop waiting. start investing. e*trade ® from morgan stanley. numbers. some watch from the safety of the sidelines, but others saddle up and ride that one ton rowdy ribeye for all he's got. if that's you, join us he's got. if that's you, join us on tastytrade. named b only the servicenow platform connects every corner of your business, putting

cnbc. >> join the. >> club and start your investing day before the opening bell with specific strategies for members onlye. >> from jim. >> that gave me more. >> confidence in my. >> investing decisions. >> it's very helpful. it's information that you have is privileged information. there is no other source of information that you can get as much as you. >> can get from him. >> get invested. join the club. >> get invested. join the club today. go to cnbc.com. join jim. >> in new comments from commerce secretary howard lutnick, saying in a television interview that the trump administration expects to make an announcement on tariffs this afternoon. lutnick said that the white house is considering certain sectors on which the u.s. could give canada tariff relief. he said that the tariff relief will be 25%, and that the administration is focusing on compliance with the us mexico canada trade agreement, including for the auto sector. lutnick also saying that trump is aiming to renegotiate the usmca agreement next year. we were watching the markets on this. and robert frank was pointing out that, yeah, initial

cnbc live ambitiously. >> join the club and start your investing day before the opening bell with specific strategies forgave me access to that. >> knowledge from jim that. >> gave me more. >> confidence in my investing decisions. >> it's very helpful. it's information that you have is privileged information. there is no other source of information that you can get as much as you can get from him. >> get invested. join the. >> club. >> get invested. join the club today. go to cnbc.com. slash join jim. >> support. >> eu leaders. >> have agreed to increase defense spending. by hundreds of billions. >> of euros. >> this follows signals from the trump administration that europe should strengthen its own security, and a landmark proposal to increase spending in germany. european defense stocks have been surging this week, along with the european markets overall. and joining us right now to talk more about it is michelle caruso-cabrera, mtk global enterprises ceo, also a cnbc contributor. and michelle, this is pretty historic. people are looking at this and saying, wow, this is a complete change in what we can

cnbc live. ambitiously. >> we created the club to give investors more confidence in their investing decisions. >> there's aning that can. >> happen by just. >> listening to. >> jim and. >> jeff in the morning gives you a diversification of your portfolio. >> the return on investment for the club pays for itself. >> jim cramer is the. >> benefit you. >> get that you can't. >> get anywhere else. >> he has a unique. ability to know the market, explain. it to people. it's a great value. >> get invested. join the club today. go to cnbc.com. join jim. >> welcome back to squawk box. right now we're going to talk about president trump's messaging in his first six weeks in office. we got a pretty good distillation of it all. i think we. got to see most of it on tuesday night in various forms. when president trump addressed congress, our. >> next. >> guest spoke to voters after that speech to try to get their biggest takeaways. joining us right now is pollster and political strategist frank luntz. frank, it's great to see you this morning. a lot of folks obviously watched the speech. for some it was fabulous. for ot

cnbc. >> we love teaching. >> club members how to manage their own portfolios. >> i don't have the time to do this full time for the value that we get the investing, but it's veryd. join the club today. go to cnbc.com. join jim. >> is this. >> your dream of retirement. >> how about. this sweet deal. i like fishing. >> or is. >> this. >> a little more. your style? retiring wealth isn't. >> a guarantee, it's. >> a goal. >> it's easy when markets are going up. but what about when they're not? that's why you need. >> this call for fishers retirement survival kit, featuring your guide to surviving market volatility. our stock market outlook plus the fisher investments difference three indispensable guides. yours free for calling 1-800-213-5317. >> fisher investment's. >> disciplined approach will help see you through the market's ups and downs, and give you the confidence. >> you need to reach. >> a comfortable retirement, and our fees. >> are structured. >> so we do. >> better when our clients. >> do better. >> call now for your free retirement survival kit. 1-800-213-5317. >> see if your dream retirement. >> is on track. >> if your. >> portfolio is $1 million or m