. >> and we haven't even talked about elon musk and etsy heavens to etsy. carl, it's brilliant >> etsy, we'll talk some beyond meat we'll talk to gregg hayes of raytheon and we'll talk about the rise, the amazing impact on short-sellers. packed hour. don't go anywhere. back in a minute turn on my tv and boom, it's got all my favorite shows right there. i wish my trading platform worked like that. well have you tried thinkorswim? this is totally customizable, so you focus only on what you want. okay, it's got screeners and watchlists. and you can even see how your predictions might affect the value of the stocks you're interested in. now this is what i'm talking about. yeah, it'll free up more time for your... uh, true crime shows? british baking competitions. hm. didn't peg you for a crumpet guy. focus on what matters to you with thinkorswim. ♪♪ hi, i'm a new customer and i want your best new smartphone deal. well i'm an existing customer and i'd like your best new smartphone deal. oh do ya? actually it's for both new and existing customers. i feel silly. b

tom: etsy is a one-of-a-kind community. i didn't know that.er] romaine: that was the second-best performance stock in the s&p 500 last year. tom: are you serious? romaine: yes, i'm serious. etsy got added to the s&p in september, up 300%. tom: jon, this is perfect for you. an eight ounce soy candle from etsy. jonathan: what do i want a soy candle for? [laughter] tom: you know. seriously, this afternoon, tune in with romaine bostick and the rest of the team, starting off an important earnings for microsoft. right now, matterhorn buck -- right now, matt hornbach joins us from morgan stanley. i want to go to your wonderful paragraph on the real yield. we sort of ignored the real yield here for weeks. right now, -0.13%. what is the distention of the next 30 days you say of the real yield? matt: making sure we do the right thing at a certain point -- but i will try. the real yield is extremely important. if we just look at what happened in 2020, you had a scenario in which the fed was keeping its foot on the neck of nominal yields, but meanwhile, y

in hindsight, i could've gotten a higher return on etsy. i wasn't thinking face masks.etsy did have a remarkable year. what about some of the other stay-at-home names? there are other names that you say weren't getting enough attention. andrew: we bought peloton when everyone bought wayfair. but you could've bought nautilus with a higher return. those actions benefited from the stay-at-home and the urbanization movement. in the summer lockdown, rh is the leader of outdoor furniture. i looked around my house, what can i buy? sonos. netflix, people are watching more netflix. there were great offerings that came out. if you paid attention and looked around, there was more than the obvious zoom, peloton stay-at-home stories. emily: ok, so amazon. will you be continuing to ride that wave this year? they had a fairly high-profile failure closing down their venture with jp morgan and berkshire hathaway. andrew: the company still has so much runway to go. that is no doubt. the only thing that can hurt them is them or the government, actually. so why not? there is a long way to

etsy is higher after elon musk says he loves itty. that's right, the he -- etsy.ew that elon musk was a trotzky fan, as you call can it, right? draftkings is up after goldman called it a buy, along with penn national. looks like microsoft as you point out is announcing after the bell today, first billion dollar quarter on the back of the cloud and gaming. and finally bed bath and beyond getting two down grades this morning. ubs, raymond james. still, though, you're seeing some gains. i guess you're using a lot of those 20% mailed-in discounts, right in. [laughter] stuart: actually, i haven't received one in a very long time, but i used to use them all the time. susan, thank you very much, indeed. what susan has been describing are some of the frothy, speculative stocks, if i can say that, and gamestop is one of them. it's now up 15%. they've been taking investors on a wild ride. lauren are, the latest on gamestop, please. >> that's an understatement. the stock today didn't go negative and surge 150% in the same day like it did yesterday, but it's been volatile. vo

look at etsy, up 12.5%.t site racking up its best four-day stretch in nine months, fueled by a bullish price target hike by jefferies. clear winner is etsy within 1% of the close. wayfair up about 8.5%. chewy better by 7%. >>> if content is king, netflix is emperor or making its best effort to be the emperor. the streamer set to release, you ready, a new movie every single week in 2021. the rock, wonder woman and deadpool's ryan reynolds, some of the stars set to light up the small screens. shares are slipping just a bit ka today by 1.9% but in the past year spiking dramatically courtesy of the stay-at-home binge watching. >>> bitcoin looking to regain its footing after its worst selloff in ten months. the cryptocurrency swing nearly 12%. that between today's highs and lows. overnight in london it was, i want to say it jumped about 5%. now it's down, as you can see, about 1.7%, but also continued to fall from yesterday's close, happening just in the last hour. bitcoin at $34,101 per coin. crypto related stoc

etsy. not loves, just kind of loves it. he made a tweet after buying a hat for his dog. if you're thinking there's something odd about a stock that jumps when somebody buys a hat for a dog, i don't think you're alone. cierra, i got to make this cool graphic. i've never had a hat for a dog graphic before. >> thank you, scott. >>> if you think you have covid, there's several ways to get tested. now you can do it from the comfort of your own home. we'll take a look at all the at-home test kits available and help choose what's right for you. >>> and we'll take another look at weather. kari? >> yeah. last night, during the brunt of the storm, we had a wind gust in parts of the east bay, mt. diablo, reached 80 miles an hour. the wind is starting to calm down. we'll talk about this and the rain coming in. that's all coming up in the microclimate forecast. we made usaa insurance for members like martin. an air force veteran made of doing what's right, not what's easy. so when a hailstorm hit, usaa

>> etsy. i like it. it's ah nicht. it has a competitive advantage 88% of buyers say that etsy sold items they couldn't find anywhere else. it's got a little bit of the unique following to it i think there's a lot of up side to it. the stimulus inspections are going to continue to push money in this space. >> i mean, i know we couldn't find a guy anywhere else in the world for that matter aside from maybe there's a reason for that. >> i'm glad you mentioned that i know you saw me smiling. you knew what i was thinking >> i was in your head. i knew >> hark back to the days -- no, you totally were she was able to acquire that >> she still has it. >> i'll push back on etsy. this is a level where you can take the money, run like eli lilly last time and look for a pullback >> breaking news out of washington >> melissa, republican congresswoman liz cheney is saying that she will vote to impeach president trump tomorrow she is the chair woman of the house republican conference, and in a statement, she said that the president co

again kudos on etsy.e made a lot of money on it. >>> speaking of making a lot of money, bitcoin flirting with record highs again as the top european bank chief thinks there actually could be a digital euro in a couple of years from now. later in the hour the founder of claw tuck joins me on their app in surging popularity. what he thinks that the twitter ceo blocking trump fans could be a dangerous precedent. charles: so file this under the heading, if you can't beat them, join them. europe's christine lagarde says she thinks there could be a digital euro in two, maybe four years. by the way the fed's jay powell was also on that call. one of the biggest lures of crypto is lack of government oversight. where do digital fiat currencies go from here. i want to bring in michael sailor. michael, it is amazing obviously you've been ahead of the curve but when you start to hear central bankers talk about digital currency, maybe creating their own digital currency, hear about countries like china does it make you

loves etsy. not loves, kinda loves. but the world's richest person's opinion apparently matters and people piled into etsy stock. he made that tweet after buying a hat for his dog. if you're thinking to yourself, hold on, there is something odd about the stock market reacting to somebody buying a hat for a dog, you are absolutely not alone. there are some odd things going on on the stock market right now. exhibit a is gamestop. that graphic is not wrong. it's not a meltdown, it's a meltup on gamestop stock. shares in the company, which is a long suffering chain of strip mall video game stores were up nearly 100% yesterday. this as more and more investors, many of them young, many of them new to investing, raced to get into the stock because it keeps going up. up 700% so far this year. remember, we're only 27 days into the year. the company says it hasn't made a profit in a long time and probably will not. so there is a more complicated back story to all of this involving shorts and puts and calls

he kinda loves etsy. not loves, kinda loves. but the world's richest person's opinion matters to people and they piled into etsy's stock. he made the tweet after buying a hat for his dog. if you're thinking to yourself that there's something odd about a stock market reacting to someone buying a hat for their dog, you are not alone. there are odd things going on and exhibit a is gamestop. it's not a meltdown, it's a meltup of the stock. shares in gamestop, which is a longer suffering chain of game stores is up yesterday. many raced to get into the stock because it keeps going up. up 700% so far this year and we're only 27 days into the year. the company says it hasn't made a profit in a long time and probably will not. so there's a more complicated back story to all of this involving shorts and puts and calls. but the bottom line is people are buying the stock because people are buying the stock. >> right. word of mouth, everybody wants a piece of it. >> so interesting. thank you, scott. >> you bet. >>> ne

we are talking about etsy up 13%, and chewy up 6%, and ebay up 4%, and they are online retail.hat does it say maybe it is a trade on the surge in covid or maybe the online retailers are getting a little bit more optimism from the investors the and watch the trades green in the flat session, brian, and etsy is up 13% which is an all-time high by the way, and back to you, sully >> buying the pet furniture or supply masks for your pets. dominic chu, thank you very much. >>> so let's get the chip to sea, and by hitting the bond yields surging to 5-and the 10-year yield taking a sharp turn upwards up 50% in three months. why is this important? well, obviously, it could make things like mortgages and car loans cost a little more, but it is also a competition for equities. and it could hit the valuations, because the higher rates reduce the value of the net present cash flow, and remember that from business school so where do the rates and stocks go from here we will ask sri kumar, and also we shreef, and we have been talking for 15 years now, and you have been out there on your own,

many of the week's big gainers are pull back today including a name like an etsy, one of the hottesthe market, and online shopping, and lot of of that for masks which etsy no doubt sells a lot of, and down 4%, and 15% gain on the week for that stock. and check it out, bed, bath and beyond is a big stock story, and that, those shares are down 5%, and not as much as they were after the heavily retailer rallied more than 40% this week, and they scaled back and maybe the shorts are put back ons, an we are seeing them back down 5%. step back on the stocks, and cnbc news update with sue herera. sue? >> thank you, brian. this is what is happening this hour, everyone. there are now more than 2 million confirmed deaths of covid worldwide. nearly 1 in 5 has been in the u.s. even as vaccination efforts pick up speed, the number of new deaths remains near record levels. nancy pelosi says that members of congress may be prosecuted if an and/or arrested if any members of the capitol helped out and that they need to be aware of domestic threats. >>> muriel bousbowser says that there is going to be

highs over the last week, and pulled back slightly chewy for pet food, up 65% wayfair up 180%, and etsy that online trade is one to watch for sure as a possible at least incubator for possible gains ahead if the work from home trade stays in tact we'll see if that happens. this is a huge move to the up side it could be a pull back. this week's inauguration festivities would normally be a boom for travel companies in and around the washington, d.c. but increased security following the de deadly riot at the capitol is creating new challenges. seema mody is back with more on that big trade and story seema. >> dom, typically this week hotels would be sold out in washington, d.c. in fact, hotel occupancy during past inaugurations for president trump and president obama was at around 97% this year it will be very different with the virginia governor and d.c. mayor urging americans not to travel to the capitol due to the risk of violence companies have issued different responses. airbnb blocking all reservations around d.c. around the event this week. verbo is not blocking reservations but req

i know black behr, i think, etsy and even tootsie roll? what are some of the areas. >> i've seen amc as well. i guess there was a list of short sold stocks on the reddit thread. you see that happen in a couple other ones where they're trying to push the short sellers out. the people betting for it to go down. and those people have to buy to cover the downside and you get a lot of upside. >> the institutional investors are betting that those will go down then fundamentally those are fallout companies with rosy futures. but you can make money trading off of companies that don't have rosy futures. >> i would agree this is short-term -- this is short-term trading. but, look at gamestop, i wouldn't argue their fundamentals in the past haven't been good. they've been on the decline. but a couple of board of directors, chewy founders who are moved to pet industry online are on the board of directors. that may fundamentally change the company in the outlook. however an 800% gain in two days is always a caution for anybody looking to invest at this

he can't even get on etsy. you have to be to be banned from■ç craft. >> i think there should be substantial punishment. >> crafts! that's right, trump needs real punishment, and i know his supporters are saying, "can't we just let it go? trump's gone. he waved and went on a helicopter like godzilla going into the sea at the end of the movie. but it turns out letting it go is exactly the wrong thing to do. >> we may think that january 6 may be kind of this critical juncture where the unfathomable has happened, and, therefore, we will do things differently. and that usually doesn't happen. what happens is people will say, "okay, it's time to heal and it's time to forget and move on," and, therefore, never holding people accountable, and never deconstructing the institution that allowed such violations take place. >> that's how you stop racism. you have a terrible moment, and then at a sporting event, you have a moment of silence, and then a month later you act like that shit never happened. >> that is very danger

elon musk really likes etsy, so that stock is up. those things push and pull underneath the market in the u.s. that is not really moving. guy: no, but we are near record highs, so i guess every once in a while, we are going to pause. let's talk about this vaccine spat that has really reared its head today and europe. the german health minister gents bonds -- minister jen spahns speaking about this. the ceo of pfizer speaking with briggs john micklethwait about this. -- with bloomberg's john micklethwait about this. >> let's keep in mind that a lot of the raw materials that are needed to produce this vaccine are coming from other countries. so if one starts bonds, what would response of the other? that would be a lose lose situation rather than a situation that would help europe when=== -- europe win -- help europe win. guy: we are starting to get into quite difficult territory here. bring us up to speed with what is really going on here. maria: what the europeans say is that they don't fully believe the explanations that astrazeneca

former president, the youngest inaugural poet, an amazing singer wearing her own etsy store, an old man on his way to the post office and even a lady whose outfit just called me a broke bitch. biden was so committed to unity that he even invited enemies of the state. no, i'm joking, i'm joking, ted cruz didn't try to overthrow the government, he just supported the people who did even mike pence attended the inauguration raise to honor the democratic transition to power. kudos to mike pence. you can see him with his mask featuring the vice presidential seal. and as tradition dictates once kamala was sworn in he gave that very same mask for her to put on. but before the new president could walk in, the old one had to be kicked out. >> there you see marine one on the lawn of the white house. >> president trurch is still there but is expected to de part any minute for andrews air force base and give a final speech before heading to mar a lago. >> i can tell that you from the bottom of my heart this has been an incredible four years. we rebuilt the united states military. we created a new fo

if there is one marketplace you can get inspiration from, it would be etsy. sellers are much broader and more diverse because what they are selling is everything ranging from what they have in the closet to building out whole boutiques and shops on the platform. we think of ourselves as socially engaging with every seller and treating a plan. that shows long-term engagement. 30 million active users will spend more than 27 minutes on the platform. emily: i talked about this with the ceo of the realreal. she talked about the waste in the apparel industry and obviously secondhand marketplaces. can you give us an idea of posh mark's role of cutting down the waste and making the apparel and fashion industry more sustainable yucca >> that has been -- more sustainable? >> that has been one of our core missions, to get the maximum usage, continue to go forward. we have built an entire platform, making it super easy to settle. super easy to take an item you bought and resell. ultimately find and discover and reconnect. it is not just about the fact you are reusing thi

i think the most constructive thing about today is that etsy sold off after the open.llion in market cap just on a positive tweet, that's something to be worried about. but i think to that comment, the fact that you have these areas, bubbles that didn't impact the entire system. you look back at the.com crash, we saw a recession after that. it was the mildest recession in the post world war ii period i think what the fed is looking at here is they are stuck treen two tough choices. do you keep things loose and have some areas of the market definitely experience froth? or do you cut things back, pull things back a little bit and derail the economy where there is people really hurting from the weakness here in the overall economy? it is a very tough situation to be in. but i think if they are looking a the fact that, well, you have already seeing areas of froth but they may not impact the economy when things do, you know, reset, i think that would be -- you know, that's the course of the risk reward they are taking here. >> she called it mini bubbles, mike. >> yeah. i wo

the xrt up 11% in 2021 another 12% move for etsy mike at the top of the s&p 500. how much of this is already priced into these stocks, which were a big part of the 2020 rally off the march lows already. >> 100%. i mean it is very difficult to really frame it as something that the market knows anything really about these businesses except rewarding them for being in the right place during this period and being able to retain a lot of the customer flow plus the backdrop of the fact that we keep talking about more than $1 trillion of unspent, in aggregate consumer savings that in theory is going to be unleashed in the coming months and quarters i think that's giving a tail wind in general to this trade for consumer leverage names in the new mode but it is difficult to say whether the market is doing anything but just sort of jumping a the buzziest names in an area with tail wind. >> what ha amazondone >> intraday it rallied bounced when the rest of the mega caps didn't when when bonds recovered, the ambiguous cap growth stocks got a little bit of reprieve i think peo

chipotle, no wonder it was up 3.6% today and same for the e commerce enablers, shopify, etsy, square, don't forget it of the and prematurely considered dead fang. facebook is the best way to advertise online amazon is well, amazon apple has the e commerce device and netflix is the king of entertainment and a cross between between facebook and amazon and led the market today. second theme, the great reopening. let's keep it simple marriott, southwest air and airbnb all those, what are the obvious ones go with them, sales force, workday, the number four cybersecurity. earnings season is in full swing and listen to the calls, it's breathtaking how much they spend. you have operators like crowd strike and z scale and cramer family fav octa and palo alto i like them all. as for number five, that's the 5 g wireless buildout. last week i gave you a basket of the t-mobile, crown castle, man, sky works, qualcomm, taiwan semi, that basket is paid for itself nine ways until sunday. those are fine especially the chip makers because we have a massive worldwide semi conductor shortage 5 g is a jugg

well in that category and now kroger and the grocers are doing well but there is plenty of room for etsynd shopify and new names like wish. there is so much room in e-commerce if you look at what happened in e-commerce in the u.s., we were 20% penetrated in digital. it rose the fastest growth in hist rich. history. it's not just those names. but the market is so big and amazon, obviously, has i think the earth's widest selection. but they, you know, we look at what happened with instacart and doordash with being able to get thinged delivered on demand and what value they created and airbnb in travel and who thought they could compete against booking and other public companies? there is so much room for opportunity and now they're well capitalized. they have strong balance sheets and the money to grow the next three to five years. >> a lot of enthusiasm about the e-commerce space after the stay at home period spencer, you're bullish on e-commerce as well i want to ask you about one of the other public companies that's one of your top holdingsen that is faceboholdins and that's facebook. a

his images on a set of birch coasters selling for $11.99 on etsy.rred to forrest gump's bench, behind the resolute desk, seated in the "game of thrones" throne, appropriately dressed for crossing the delaware, or less heroically -- >> an old man on his way to the post office. >> as if he had an appointment at the dmv. >> reporter: or as he was taking a break with the boys in that famous construction photo. true, his mittens may be on the far fringe of fashion, but so what if he seemed dressed for riding the subway rather than attending the inauguration. looking warn tweeted dionne warwick. people were smitten by the mittens made for him two years ago by a vermont school teacher fan. >> i gave those mittens to bernie just as a gift, expecting nothing in return. i think it's beautiful they've gone so far. >> reporter: they're made out of old wool sweaters with fleece from recycled plastic. sadly, i have no more mittens for sale tweeted jen ellis after a flood of requests. maybe the look isn't everyone's cup of tea. >> maybe you'll never be described a

etsy was leading the s&p, and overstock, stitch fix and f yfair all moving higher and ofthe best levelsst year more "squawk" in a minute. >>> welcome back to "squawk alley. before we go, take a look at tesla. that stock up another 6% and up about 22% so far this year, john. >> you know it's up more than that stitch fix up 11.5% today as that valuation makeover continues. we'll see if it continues to fit, carl, beyond here >> yeah. tight range today. session high plus 92 session low, minus 82. let's get to the judge >> all right carl, thank you so much. welcome to the halftime report the rate run and your money as yields continue to move higher, the ten-year up 50% in just three months so what is the risk to stocks if they keep going? we debate and discuss that today with our investment committee. joining me for the hour are stephanie link, jon najarian and amy raskin of the chevy chase trust and michael farr is from farr, miller and washington. that's where a lot of focus is all of the way on the righ

and then there's the real real which is already public and in a lot of ways you also compete with etsy think about the competitive marketplace at a time both buyers and sellers can move freely between all these platforms? >> for us the focus has been building a very social model where we don't take any inventory and allows to thrive one of the things that has been a real challengefor the econom and for people is that people stop wearing the things they were wearing before, dresses, shirts, things to events, and instead shifted to sneakers, sweats and our marketplace was able to quickly reconfigure. many people can turn to poshmark to make an income and thrive the third thing is everything we do powers sustainability and when we combine these things we think of our model as having both relevance from where we've been but more importantly re-inventing the few door where we can be social, simple and sustainable. >> the social piece really does seem like a key differentiator with your themes and various brands i'm curious in reference to the realreal which does authen authentication, you d

winners with zoom, door dash, airbnb and lemonade, apple, amazon, netflix, alf, i can go on and on, etsyy, these stocks are so accessible they become irresistible like candy, or maybe like crack if you're feeling cynical. as someone waiting 20 years for individual investors to get back in the game, i got the tell you, i'm torn you know i'm a huge believer in stocks i think a diversified portfolio is the best way to build wealth by putting the first 10 grand in index funds. part of me loves seeing the younger generation embraces stocks and blessed with an incredible ability to do research online quickly. older professionals scoff at these because they haven't paid their dues i say there are no dues to pay if you're willing to do the homework, you have my blessing to pull the trigger and another part of me hates what this market is teaching people. if you started picking stocks in the last nine months, you got rose colored view of investing we've been blelssed with one of the most bullish tapes in history and if you search that you should or have made a killing but you know something it ca

. >>> watch etsy up as much as 6% earlier, in part, because of a boost from elon musk over twitter.hough, that stock has come way back down this morning now it's down more than half a percent. musk tweeted, quote, i kind of lovettcy after he bought some marvin the martian gear. stock in today's trade consumer ends up. a lot more "squawk alley" is still ahead. so stay with us. welcome back, everybody. i'm sue herrera. here is your cnbc news update at this hour. president biden will update his racial equality this afternoon the exec siv actions will include police and prison reform. >>> in alabama one person died and 17 in the hospital after a tornado ripped through the suburbs of birmingham. officials say the path stretched for 10 miles california officials say the state paid at least $11 billion in fraudulent unemployment benefits last year and another $20 billion worth are questionable if those are found to be fraudulent as well, more than a quarter of all payments have gone to people who didn't qualify for them. >>> and for the first time in nba history, two female referees effici

it winds up being an opportunity for people to coalesce out of normal etsy -- normalcy. i would have to say, it would be a different speech -- it would have to be a different speech than what we heard from donald trump. >> i do not think you will hear about carnage necessarily. dave: thank you. editor-at-large marty schenker. thank you for being with us. he knows this stuff so terribly well. stay tuned on bloomberg television and radio. much more coverage of the impeachment efforts ahead. this is balance of power on bloomberg television and radio. ♪ . . . mark: i am mark crumpton with bloomberg's first word news. mitch mcconnell has rejected a call by chuck schumer to convene the chamber in emergency session to start impeachment trial proceedings against president trump. that means a trial for mr. trump on an article of impeachment expected to be approved today by the house almost certainly will not get underway before the president's term ends on january 20. nancy pelosi said he is a clear and present danger and must be removed. kevin mccarthy says mr. trump bears respo

trump can't tweet, snap, post or stream it's gotten so bad he can't even sell embroidered pillows on etsyourse now we're going to have to settle with him holding 50 press conferences a day and yelling 280 characters at a time it's 2:00 a.m., time for another press conference it's gotten so bad, pga will no longer hold the 2022 pga championship at trump national golf club in bedminster, new jersey [ applause ] no more twitter, no more pga if diet coke comes out against trump, he's going to lose his mind again. let's change gears nickelodeon aired first ever kid-friendly broadcast of an nfl playoff game check out what it looked like. >> now plunging forward. end zone and touchdown >> ai meannd there's the slime [ imitating fog horn ] >> and now will lutz will come on for the extra point and he kicks it right through spongebob. [ laughter ] >> jimmy: yeah that actually looked normal to me, then again, i watch every game after dropping an insane amount of acid [ laughter ] "right through spongebob there, congratulations. [ laughter ] it was great the slime cannons. it was awesome a lot of peo

. >> -- please find some other artist on etsy. >> i might be late.this. >> i'm going to beg snl right now to bring larry david back and do a skit on that. >> that works. >> i think it would be quite hilarious the if they can do that. that would be so much fun. i can just see larry david just tearing that up. let's take a look at what -- bernie was true to himself. got to say that. the root swi 4 it cllit wher it mtlle. increasing high clouds, that and a wind shift brings milder temperatur temperatures, still above average. but this is our last mild and dry afternoon so soak it in. because we're going to be soaked by some storms. not necessarily tonight's one, . thgh it brings a chance of en snow down to around500w a two. moderate healthy rain coming for us. and upper-50s along the coast. low-60 in the north bay, around the bay and mid-60s in the east bay and south bay. the last areas to see the thicker clouds. tonight you can see the light to mod erlt showers moving north to south. temperatures milder tomorrow morning, low- to upper-40s. let's look a

how do you especially treat these kind of second-tier names, your etsy, shop-a-fy and big wishes duringperiod? >> so there were two questions, i think, in that one was, first, kind of regulatory environment, the changing kind of landscape relating to what's happening politically in the u.s. and the second is around the improvement and growth rates because of the pandemic relating to smaller cap internet first on the regulatory, my view is pretty simple, which is that it's coming, it's been coming, i'm somewhat indifferent in terms of what administration you can't do a test in terms of whether it's republicans or democrats. the point is, there will be regulation these are large companies. it's time for it and kind of end of story it will be a headwind for many years to come. i think the concern more that investors have in terms of what happened overnight is actually the possibility that you get more government spending, possibly inflation and higher interest rates these are long-duration assets, and because of that you have the potential for multiple compression in the group and the inve

keeping our eye on names like gamestop and etsy, elon musk saying he likes that stock. we should get more information from chuck schumer and mitch mcconnell later. the market is really moving on what kind of stimulus we will get and when. just pay attention to the 10 year. we get a five-year auction later today. there was a strong take on for the two, so we want to see what happens there. you see the pboc draining some money out of china, yet the metal still holding on relatively well. guy: let's talk about gamestop and alone more detail. shares trading again. they were halted around the market open. let's get some details as to what is happening today with abigail doolittle. ritika: it is really ash abigail -- abigail: it is really pretty extraordinary. this is the poster boy of messageboard trading, this stock heavily shorted by wall street on the idea that brick-and-mortar gaming store would have a demise, but on these message boards, you were mentioning reddit, saying by the stock -- saying buy the stock over the last four days. up 131%, something incredible, especi

interesting, especially in nantucket, because that's a maritime community, where many husbands were etsy. so there were women on the island, not just in pennsylvania, as the person asked for, and give us an example, but there were women conducting business on the island as well. >> let me put you on the spot for a second, what would you say is the ratio, or you don't between women, doing things, running businesses, making contracts, selling and people or women who applied for the exception? >> i think it changed over time, i am not lying trying to give it statistics here, but i think it i think we had a great presentation over the summer, from local harrison, who did some research about petticoat row. and if you're not familiar, it was a street on the island, that had a lot of women who are running the businesses. there's a concept there's idea that while husbands were at sea, that this was a flourishing center of commerce, run exclusively by women. hence petticoat row. but it was more after, the end of whaling on the island, that men were kind of coming for the gold rush, or older man o

shares online retailer does have about 20% amazon, but it's also got a dozen other companies like etsyubhub, and it's been significantly outperforming for the past three months or so. so, again, i like to use etfs to get diversification and get some of the names that aren't always in the headlines every day. charles: i like that. hey, luke, what are you doing with these names? they sort of a paused, collectively they -- everyone was kind of bailing out of them, but all of a sudden this week they remerged, and they have retaken leadership. >> there is a reason these stocks make up over 20% of the whole index, it's because everybody wants to own then, as you said. these top dogs were the safe haven to get returns. nobody wants to buy a 10-year treasury paying 1%. the majority of them will continue to be winners. i think you have to own the majority of them, but we are avoiding amazon, i think that's a stock where you have to be overweight compared to the other four. charles: let's talk about complacency and opportunity. i want to start this off by sharing a quote. complacency often affli

etsy is the pest performer in the s&p, up about $25 a share.ls, names like uber. you have got shake shack, two stocks that i own that clearly are relying on the reopen to reach their full potential so there is a lot to love for everyone big day for energy names, big day for consumer games like gap, under armour, stocks that have been left out for a long time. when you see this level of breadth across all these sectors, especially consumer related sectors i feel like the tone of the tape even though we are not decidedly green is darn good. >> it is not just consumer related either some of the stocks that hit fresh highs today have been industrial names, deere, carrier, fastenal. going back to shake shack, how does that speak to the fact we have been seeing positive preannouncemen preannouncements. >> it is a company that needed to good to see it. >> i guess we will celebrate with a burger. thanks for watching "power lunch. "closing bell" starts right now. >> thank you morgan and josh welcome, everyone, to "closing bell." i'm sara eisen with wilf

. >> thank you etsy professional. here's one more. let's see. seth: oh, my god. [ laughter ] that is absolutely -- now how long, start to finish, does it take to make a wreath that size? >> this one i made yesterday and it took me -- i'm going to say six hours. >> seth: that's -- >> really that's it? >> seth: that seems about right. >> i binge watched "real housewives of potomac" and made a wreath [ laughter ] >> seth: if i don't know what could be more christmassy than that [ laughter ] martie and emily, were you aware that natalie was making wreaths? is this -- are you guys close enough as a band that this information made it to you >> i didn't know specifically, but i did not -- it was not a shock to me. she's always doing something like crafty. one year it was it was latch hooks. she was going to make -- [ laughter ] >> that's right. >> and then, you know -- >> i did the entire -- what is the supper -- the supper from the bible? >> seth: "the last supper? >> "the last supper. i latch hooked "the last supper." [ laughter ] >> where is that do

she knit sweaters and sells them on etsy. [ laughter ] right behind kylie at a distant number two, with $170 million in earnings, is her half brother-in-law, kanye west. kanye did well while running for president. some of his money came from music. a lot of his money, more than half, came from his wife. every night, kim pays him $2 million to stop yelling and go to bed. [ laughter ] [ cheers and applause ] kylie's number one. kanye's number two. kim was only number 48. she only made $49 million this year, she's poor, guys, really poor. [ laughter ] what do these people do, again? this year, the fourth most popular member of the kardashian family made more money than lebron james has made playing basketball in his whole life. i'm starting to think maybe my lips aren't plump enough. [ laughter and applause ] president trump did not make the list, i'm sure he loves that. donald trump could use a good spanking from "forbes" magazine right now. this is day 42 of squattergate. the trump train has a lot of empty seats today. yesterday the electoral college made it official for joe biden. some

. >> you know what else is hot, carl, etsy, that stock up more than 4x over the past 12 months and up% today. >> indeed, and gilead, guys, getting some love for the first time in a while and it will take you back to the best levels since august as morgan stanley goes to overweight and price target 83 and some of the investments in pipelines like breast cancer and hiv are finally paying off so we will continue to watch for yellen and some of the hearings this afternoon for now, it's time for the half. >>> all right, carl. thanks so much welcome to "the halftime report." the one call from a wall street firm to buy big tech again as companies start to report earnings and we'll discuss with the committee. stephanie link, josh brown, joe teranova and jon najarian. the stocks are higher led by tech and nasdaq. josh brown, i turn to you. we focused on the call by j.p. morgan since the vaccine confirmation of november 6th of last year, faang names are the worst-performing stocks in the coverage universe. they have underperformed the s&p. almost all are down over the last 1

he just launched his new profile on etsy, right? there you go., and we will be right i do motivational speakingld. in addition to the substitute teaching. i honestly feel that that's my calling-- to give back to younger people. i think most adults will start realizing that they don't recall things as quickly as they used to or they don't remember things as vividly as they once did. i've been taking prevagen for about three years now. people say to me periodically, "man, you've got a memory like an elephant." it's really, really helped me tremendously. prevagen. healthier brain. better life. ♪ >>> before we say good-bye we want to acknowledge that our colleague janai norman celebrated a birthday this week. >> oh, yes, she did. >> did not go by unnoticed. we were going to do hot dogs but we did get her a cake that says stormin' norman. >> i was wondering when we get to eat. i'm so hungry. >> what does it say on the cake? >> it says, this is dan's last day. happy birthday, stormin' norman, thanks, guys. >> there you go. >> i want to say this was my

i bought it on etsy. it's really a good one, too.s find out what the future holds for members of the trump administration. there we are. that is white house press secretary kayleigh mcenany. kayleigh will go back to her old job, working as a wax figure of paris hilton at madame tussauds in orlando, florida. rudy giuliani signs on as foreman at total seasons landscaping, where he's later fired after a homeowner catches him masturbating in a shrub. former press secretary sarah huckabee sanders, 14-1 fighting, her only loss to a juvenile elephant who was forced to swim to shore. white house adviser stephen miller wrote and stars in a one-man show called "if hitler was bald" which he performs at demolition derbies throughout south dakota. former housing and urban development secretary ben carson can now be found asleep in his car for the foreseeable future. former counselor to the president, kellyanne conway, returned to the white house where she scares crows out of the rose garden. former press secretary sean spicer found work as cmo of

the martian, the cartoon with the guy with that yeah, he's right you can get just about anything on etsytatler and waldorf. >> the muppet show. >> that was wonderful. >> bravo. >> that have been knitted with them of the bernie gloves and bernie jacket. that's perfect that's what i'm in the market for. >> you know, it's easy to look at this action and kind of be scolding does it matter if etsy was trading at 95 or 195 which is the difference between the premarket price? i think first of all this is always going on on wall street, stray tips people chasing it. >> mike, i feel like there's so much more of it these days there's 15 stocks a day you can look at and say, oh, my gosh, it's up x percent because of this, y percent because of that. that feels a lot more like 1999, maybe 2000. >> it's victimless we'll talk about it more still to come on "squawk box," we'll take a look at stocks after reporting results. equity futures still looking at a positive open. then mega mansion listed for 160 million, nowup witnoh reserve robert frank joins us with the details. the holidays weren't exactly sm

. >> he unleashed an all-out assault on institutions of our democracy from the etsy. -- from the outsetyesterday was the culmination of that attack. president isthe dangerous and should not hold office one day longer. the quickest and most effective way to remove this president from office would be for the vice president to immediate lee invoke the 25th amendment. the vicealling on president to remove this president by immediately invoking the 25th amendment. i as for the 25th amendment, do not believe that is appropriate. >> if the vice president and cabinet do not act, the congress may be prepared to move forward with impeachment. >> if the vice president and cabinet refused to stand up, congress should reconvene to impeach the president, plain and simple. ♪ politiciansominent commenting on president trump's role in washington protest sprayed let's get first word news with karina mitchell in new york. karina: we will stay on that topic, president trump said to have prepared a sweeping list of people he plans to pardon. bloomberg understands the names include senior white house officia

she sells them on etsy and has great examples lines like what a year but we rolled with it featuringlike that. and then the company shutterfly getting into it and introduced a new group of greetings with messages like good riddance 2020, home together and loving it and in parenthesis it says mostly and top seller was, well, that was crazy. the popularity of these peace out cards indicate that people will ready to put the year behind them and now that it's over at least we have a sense of humor about it. by the way, riva pasted out on this whole situation so with that, it seems right, it seems like a fitting way to end this "pop news." i send it back to you in the studio. >> lara, that was a great inaugural 2021 "pop news." happy new year to you and riva, bid her happy new year to her from us too. >> thank you. >>> now to new year's resolutions, simple seven care trends to help you feel like new. >> we have not one but three, yes, three of our favorite experts joining us maya feller, dr. richard besser a dr. whitney bowe and dr. jen ashton. i want to start self-care talking from the i

. >>> keep your eyes on etsy that's soaring more than 10% it's up 13% now. a record high.hs for the dow transports and the russell 2000 we'll be right back. stay with us >>> wall street could be finding itself with a false sense of security says economist stephen roach. find out why on tradingnation.cnbc.com more "squawk on the street" coming up. keeping your oysters business growing has you swamped. you need to hire. i need indeed indeed you do. the moment you sponsor a job on indeed you get a shortlist of quality candidates from a resume data base claim your seventy-five-dollar credit when you post your first job at indeed.com/promo >>> the city of portland has been rocked by violent rioters and clashes with law enforcement and downtown businesses have taken a big hit. more on that today. >> carl, that is right portland best known for the natural beauty and food and wine scene now home to ongoing demonstrations for nearly eight months covid concerns about public safety and the homeless situation resulting in an 82% drop in foot traffic, and that has resulted in a growing

. >> reporter: she created her etsy shop son of a stitch in september where she makes custom embroideredortunities, these freelance opportunities in everything from tutoring to cooking, to fitness instruction. and keep in mind, consistency as you're getting started, consistency here is key. there can be some upfront start-up costs so keep in mind that you want to make sure that you'll ultimately be able to make that money back and you can use those sites to make sure that on an hourly basis you're getting paid enough to make it worth your while. robin? >> always good insight, rebecca. thank you and just really appreciate the creativity of people during this time. thank you, rebecca. >> yes. >> amy? >> all right, robin, thanks. >>> now to "the bachelor" heating up last night. tensions running high before a surprising exit and entrance. will reeve is here with all of those details. never a shortage of drama, will. >> reporter: certainly not, amy. good morning. last night had it all. there were roses. there was fighting. maneuvering for matt's attention. there was a donkey, a romantic novel

a lot of people who are rotating into pay pal, and etsy and the small cap companies that, square, that dominating the people who are trying, david, to create businesses online, and get away from brick and mortar, of course, gamestop is a brick and mortar, so it is a little surprising, david, to run like this. >> yes, i think that was part of the thesis for people who were shorting it. right, that it was a difficult position and digitalization of games and the fact that it was brick and mortar and at 65, it was trading at 33 times enterprise value over ebitda, i can only imagine that, at where are we now, 87, down from the high, it was over 100 not long ago. >> how about tilray. >> bed bath and beyond is moving up dramatically and another one you highlighted and could be a focus. >> why are people -- >> mark is doing a fabulous job. the new ceo. john dustin moved in there has created a lot of what are a whole new way of doing business. they had a lot of skus, they weren't focused, and mark tritten has done a terrific job in bringing it to the 21st century, but you know, carl, i don't ma

etsy no specific reason i can find but this company pierced $200 a share. new all-time highs.% today, stuart. stuart: we asked for some big movers. you gave us big movers. that is good stuff, lauren. >>> while big tech crack down of president trump, alumni from those same companies are joining the biden administration. tell me more. susan: former executives from facebook, amazon, twitter, joining administration in budget, national security, among many departments. amazon former international tax director tom sullivan vetting state department deployments. emily horn brokering white house national security council. mark swartz, formerly of amazon web services he will help vet appointments in the budget office. the list goes on and on. we're not talking about famous, high flying executives, these are not top executive positions but after silicon valley clamped down on president trump accounts, long list of silicon valley execs working in the biden administration, i think that fuels criticism there is conservative bias and lean for one particular administration over the other. stu