you know why 38 special, we're so caught up in you craig johnson, thanks for joining us appreciate it. >> time to reveal your mystery chart. it's also your morning rbi today it has to do with netflix. that's the chart we showed you they turn 1,000 into 90,000 if you had bought the stock back in 2007 okay you know the news. netflix raising prices again going from $14 to $16 on the top tier this is random. >> for 436 years dvds in the mail streaming to one of the leading content companies in the world, and making you $89,000 richer on a $1,000 investment. that is the power of the stock market, and we're going to try to find you names i like that every day. we're going to leave you with the 38 special have a spectacular day see yotorru moow "squawk box" is next which i used to offer health insurance to my employees. what's in your wallet? my mom washes the dishes... ...before she puts them in the dishwasher. so what does the dishwasher do? cascade platinum does the work for you, prewashing and removing stuck-on foods, the first time. wow, that's clean! cascade platinum. i am a techie dad

is this a sign of a retail resurgence and if so, what name should you reach for craig johnson and global ceo gina sanchez weigh in. craig, is this a bounce in retail stocks you can trust? >> i think it is a bounce that we could trust if you look at the xrt, we have corrected about 28% from pete to trough we're off the october highs. a move further than here, back to the 200 day moving average. it's not just some of the smaller names like five below and stitch fix that are seeing those moves. even some of the more defensive names like dollar tree with longer down trends and here on those kind of stocks. >> 10% to 15% up wouldn't get you to the old high. there's room here. american consumer worth a bet here >> i think we are starting to see some wage growth but unfortunately, a double edge sword for the retail sector. while that will drive spending and see earnings growth, it will likely pair down and go how strong it is it's a sign and also go up for retail and the bricks and mortar versus amazon trade i think the consumer is healthy here overall >> that's a pretty good bottom line then.

is this a hot trade heading into the company's earnings on thursday craig johnson with piper and eringlobal craig, how does the trend look right here this is one of the big ones like with nike. >> the stock broke out of a huge multiyear consolidation pulled back from support around 64. 65 now at $66 it looks like it's starting a new leg higher from a technical perspective, this should be a decent entry point to buy the stock earnings coming this week but i would be buying this stock into that print >> starbucks has never looked particularly cheap like a high value growth stock do you think that's justified right now? >> they definitely made some missteps over the last few years with the purchase of teav narann announced expanded uber eats delivery which is creating a lot of buzz and 10% earnings growth for next year which is well above the s&p 500 so certainly deserve that and organic revenue growth and interesting partnership going forward and we like the stock we have in a couple of our portfolios >> escaped a lot of negativity about china. thank you very much. for more "trading nat

craig, thank you for that. this is bloomberg. ♪. vonnie: live from new york, i'm vonnie quinn. guy: i'm guy johnson. here's kailey leinz.ailey: democrats will ramp up the pressure this week to end the shutdown of her border wall funds. saide republicans have measures are dead on arrival unrest they have the money president trump once for the wall. blockite house may try to portions of special counsel robert mueller's report from being shared with congress and the public. democrats have said they will demand the justice department and over the report. the white house may assert --cutive privilegedemand fro executive privilege to keep key aspects from being released. vice president -- former vice president joe biden is reportedly close to a decision on whether to run in 2020. tokyo, the former nissan chairman will speak publicly for the first time since his arrest in a japanese court, where his lawyer says he will declare his innocence. they want an explanation for why he remains in jail. global news 24 hours a day, on air and on tictoc, powered by more than 2700 journalists and analysts in more than 120 countries. i'm ka