craig irwin on tesla's split and bertha coombs on amazon's health care pivot mike, i wonder what youging. >> no. i think the market is reading the messages that have been out there from other fed officials and essentially saying they're not out of step with what they're likely to hear tomorrow. sure, they're going to prepare the market to keep rates at a higher plateau for some period of time and not look for an opportunity to cut them next year but that seems digestible the s&p 500 has grinding or drifting higher here we've gone above the levels everyone was hoping to hold. it's a benign reaction i wouldn't say that it's really driven by any particular catalyst or growth indicators, it's much more about i guess we're more or less in gear with what the fed is going to tell us. >> you do say it seems sensible to work on the premise that the june equity low was a good one, although you and i did talk this morning about goldman's warning that liquidity will fade in the next few weeks. >> for sure. even if that low from june is going to hold and maybe is the start of a significant uptren

joining us with what's to come this time around the garrett nelson also our bear this morning, craig irwinsearch analyst at roth capital. why don't we start with you, garrett. you admitted that just the stock split itself doesn't necessarily mean anything, but it does tend to mean something in terms of the stock prices afterwards, why do you like this at this point >> it's more psychological companies with improving prospects and rising stock prices tend to execute stock splits and conversely, companies with deteriorating prospects tend to do reverse stock splits. it is worth mentioning that academic studies have shown that post splits tend to outperform the broader market by a one to three margin it might appeal to more retail investors. tesla has a very avid retail investor base. >> craig, we're calling you the bear this time around, but that may not be completely fair you've got a neutral rating on this company do you do give tesla props and point out that they are the ev leader but think there could be better valuest w elsewhere >> tesla's the leader that created the market they've don