with tech up by nearly 50% this year, we'll have an exclusive interview with tech hedge fund giant, dan niles. he'll give you a peek into his 2020 playbook. >> also, we didn't answer bill's question >> let's do it >> what is your drink? >> whatever gets put in front of me >> great answer. very good answer, indeed mine might be an old fashioned tonight. we shall see but we have to get back to the show let's take a look at what's driving the show 59 minutes left. we're down 40 points on the dow. a little bit of rebalancing as investors get ready for the new year president trump tweeting today he will sign the phase i deal with china on january 15 and consumer confidence data out this morning missed estimates and showed a dip from november >> joining us now for the hour, keith bliss from iq capital usa, llc. it's good to see you here we are, heading into the last hour of trading for the entire decade. where do we stand? >> as you take a look at the nasdaq 100, it's up 400% for the decade tech has been the big story. looking forward, we're going to see a continuation of that into the first quarte

our next guest says there may be more room to run before the year ends dan niles, hedge fund manager d the founder of apple one capital partners joins us now. dan, good morning. >> good morning, john. >> well, it's been a tough year to call. you told us that around midyear, i think it was august. you made a call mid-year about semi conductors. semi conductors have continued to do well you were iffy on the iphone launch, the iphone 11. that's done pretty well. what's going on here what did you get wrong and what do you see happening as we head into 2020? >> yeah, i mean i think everybody has been surprised at how strong the u.s. economy has held up given all the things going on in trade. obviously getting to a phase one trade deal, that's been great. the other thing quite honestly i didn't really count on was the fed starting to go through qe again. they're saying it's not qe but at the point you're buying $60 billion a month, i think most people would say that is qe. and you've had the fed obviously being very dovish going forward. so all of those things lining up, obviously getting t

up next, we've got your last chance trade >>> plus, famed tech investor dan niles will join us to tellhe's seeing any llff ad e ortunitiesmith se-o ♪ ♪ ♪ ♪ ♪ ♪ don't get mad. get e*trade, dawg. >>> welcome back elon musk aririving at court moments ago in los angeles, preparing to testify brought by a british diver. let's get to jane wells, who's at the courthouse. jane, what's the latest? >> well, he just arrived a few minutes ago, which is interesting. we have video of it after jury selection, after opening statements he could potentially be the first witness to take the stand when court resumes in about a half hour. as you said, this is all about tweets regarding that. his attorney argued in this opening statement to the jury said that these tweets calling brend brendon undsworth a pedo guy were just joking, taunting tweets, a fight between men. he said undsworth started pit undsworth says, in fact, musk did call him a pedophile the judge said to the jurors, the case really rests on this, whether a reasonable person given in context would take those tweets to mean that mr. musk was c

dan niles tried to say there was f going to be bad news in semiconductors we'll get information from on thousand trade it. the question >> it's difficult at these levels here, above 52 after a couple of upgrades earlier in the week we'll look for the vote around 7:30 for now, the judge and the half. >> all right, carl, thanks so much i'm scott wapner front and center this hour, what the tech surge means for the trade in the new year ahead. several marquee names hitting all time highs it is 12:00 noon and this is the halftime report. >> the rally rolling on. what's work ng this market right now? and historic day on capitol hill lawmakers debating whether to impeach president trump. the risks facing investors nike, mcdonald's, amazon, uber and many, many more. the best stock ideas for 2020 are straight ahead this drug stock is is up almost 20% in the past two months and it just got a hunl buy call. we'll debate in our call of the day. halftime report starts right now. >> all right, welcome. good to have you on this wednesday. our investment committee, jon and pete, anastasia is the glo

. >> hedge fund manager dan niles told us earlier this year that it was the most challenging tradinge had ever seen we'll see how he'sosio pitned heading into next year coming up on "squawk alley." fights cancer, repairs shattered bones, relieves depression, restores heart rhythms, helps you back from strokes, and keeps you healthy your whole life. from the day you're born we never stop taking care of you. we're committed to making college more affordable., that's why we're keeping our tuition the same through the year 2021. - [woman] i knew snhu was the place for me when i saw how affordable it was. - [narrator] find your degree at snhu.edu. there's room for more than just the business you came for. ♪ whether that's taking in every moment... or capturing a moment worth bringing back. that's room for possibility. ♪ how far we can go, oh oh ♪ >>> welcome back to "squawk on the street." stocks are hovering just above the flat line trying to add to five straight days of gains. tech and communication services are outperforming, both hitting fresh all-time highs in early trading. but othe

niles boulevard. not everyone is onboard with some of the proposals being tossed around. >> reporter: that's right, dan evening, but the majority of city council do support the changes. in fact, city council officials say there's a heightened level of urgency getting these straee changes done given friday's fatal hit-and-run. >> ever since the 50s we've traded safety for speed. >> reporter: he's with a group concerned with biking safety. they point to friday night's fatal hit-and-run that killed 72-year-old susan hit in a crosswalk on niles boulevard. >> clearly niles boulevard has been a priority and with the recent incident it rises to the top of the list. >> reporter: the two areas of discussion are niles boulevard and rancho parkway. the proposals include reducing lanes, creating bike lanes, and putting a travel light at rock avenue, the site of friday night's natal accident. >> there's an urgency to it because too many people have died this year. we're actually on a record pace this year. >> reporter: but those opposed say there's too many changes being proposed. >> we thought we were doing a grea

dan say the. talks aimed at reaching an agreement on a major project will continue if you use building a huge multi-billion dollar dam on the river nile but egypt fit is it will threaten its security the announcement was made after officials from the 3 countries met u.s. authorities. on monday. to come here at al-jazeera including mia myles leader set to crunch the top u.n. court in the hague over accusations of genocide will be live from cox's bazaar. forced to flee their homes bushfires in eastern australia trigger evacuations. had again we have severely unsubtle weather across much of the middle east side into the north end of town china all of the satellite cold air in place as well of course further to the north. as they work in the way 1st of all on tuesday through the eastern end of the mediterranean across into syria as rain and also some snow says high elevations and then quite a bank of cloud working its way through much of iraq through q q a city quite likely on tuesday that rain system working its way further south as we go through wednesday and on through the week so does clear quite nicely wednesday away from q 821 celsi

answer dan say they'll return to washington next month to try to reach agreement on a key dam project is here he is building a huge multi-billion dollar dam on the river nile but egypt fears it'll threaten its walls and security in us it was made after officials from the 3 countries met u.s. authorities and the head of the world bank on monday. well russia and ukraine of a greater implement a cease fire in eastern ukraine by the end of the year russia's president met the new ukrainian leader in paris for their 1st formal talks fighting in eastern ukraine between moscow back separatists and ukraine's army has killed 14000 people within the last 5 years that reports. ukraine's recently elected president was greeted by french president emmanuel micro at the lease a palace selenski flashed a peace sign as he prepared to meet vladimir putin for the 1st time the russian leader arrived shortly afterwards for talks aimed at paving the way to peace in eastern ukraine. outside the elisei police tackled and putin protesters while inside macro and german chancellor angela merkel sat down to mediate before selenski and putin met one on one after nearly 9 hours of talks