that wouould s save copies like halliburton quite a a bit of moy .he interior is still trying to roll back a rule that would -- the obama a administratation pun place that would have cut down the methane emissions from pipeline and oil rigs on private lands. the interior department has considered rolling back were in the process of rolling back safety rules for offshore drilling rigs, which would be another thing that serve companies such as halliburton would save money from not having to it here to stricter regulations. amy: so this brewery that the in -- the business partners the ceo of halliburton? own the brewery. there brewery has been proposed. zinke has been trying to get a brewery off the ground since 2012. he first proposed it than along with the bed-and-breakfast for the town. but he has been pursuing a pretty much nonstop since then. even the was congressman in montana a few years ago, he was sitting on the planning board committee with the whitefish city council and attending meetings to talk about his microbrewery idea. those plans got s

how halliburton made his dreams come true is thing two in 60 seconds. >>> in the trump swamp. zinke was only over shadows by scott pruitt. zinke's insistence that an important flag be flown. colluded to have the chairman of halliburton with lots of business build him the micro brewery he has always wanted in his hometown. politico reports there is evidence that the micro brewery that is proposing to build is the same one zinke has planned since 2012. the developers of the project told him the micro brewery is intended for zinke. quote at this point in my life i am more interested in sampling hand crafted beers than making them. >>> the house may be in recess. but the trump administration keeps chugging along. take a sledgehammer to vital regulations. announcing its first big step to weaken fuel efficiency standards. standards that are a win-win for the consumer and the environment. consumers pay less in fuel cost and there is less carbon put in the atmosphere. who complains about it? even the auto agencies are complaining that they are going too far. this one, better fuel effi

how halliburton made his dreams come true is thing two in 60 seconds.f you're on park street in reno, nevada, the high winds of the washoe zephyr could damage your siding. and that's very different than living on park ave in sheboygan, wisconsin, where ice dams could cause water damage. but no matter what park you live on, one of 10,000 local allstate agents knows yours. now that you know the truth, are you in good hands? ♪now i'm gonna tell my momma ♪that i'm a traveller ♪i'm gonna follow the sun♪ ♪now i'm gonna tell my momma ♪that i'm a traveller transitions™ light under control™ >>> in the trump swamp. zinke was only over shadows by scott pruitt. zinke's insistence that an important flag be flown. t colluded to have the chairman of halliburton with lots of business build him the micro brewery he has always wanted in his hometown. politico reports there is evidence that the micro brewery that is proposing to build is the same one zinke has planned since 2012. the developers of the project told him the micro brewery is intended for zinke. quote at this

>> halliburton i think we talked about energy at the top of the show i think halliburton is one of thoseames. >> doc >> i'm seeing etp paper meaning call buying. >> josh. >> jpmorgan higher. >>> again, the ceo of caesars coming up in just a few moments on "power lunch" which starts now. >> thank you, scott. the countdown is on. the fed's latest interest rate decision set to drop in just under 60 minutes from now. no news conference, but the statement could be a real market mover and we'll be all over it. >>> amazing apple. the stock hitting $200 for the first time since it split. the market cap in striking distance of $1 trillion. is the iphone becoming a sideshow to what's really driving growth for the company >>> and the race to zero now it's fidelity turning up the heat on vanguard offering the

this halliburton manner is designated for older and disabled people at the rededication ceremony theeople she grew up in public housing and knows how important it is to those homes -- for this homes to be well- maintained and safe. she called us halliburton manner a national model for revitalizing public housing. >>> us department of labor says san jose-based cisco systems discriminated against american workers by securing visas for foreign workers instead of hiring u.s workers for certain jobs according to a report on the legal news website bloomberg law federal investigators say cisco secured visas for foreign workers and paid them at a lower rate than american workers doing the same job for government records show the company employed nearly 1600 visa holders last year with an average salary of $128,000. we santa rosa is banning the use of synthetic weed killers like roundup on the city properties the weed killers will no longer be used at parks, city buildings, and medians around santa rosa. the manufacture of roundup earlier this month a jury awarded a former phoenicia school di

. >> mike ko i would buy halliburton. >> stick around, we have a special guest and i'm going to detail long ea. >> special, really >> yeah. very special. >> oh. >> guy >> nothing special about that guest coming on, but that guest will have a chat and i will have my oa jacket on because that's what i do. they told me last night, you better bring a jacket swiss. >> a wardrobe change coming up >> i call him discovery. >> "options action" right up after this $4.95 online equity trades? great question. see, for a full service brokerage like ours, that's tough to do. schwab does it. next question. do you offer a satisfaction guarantee? a what now? a satisfaction guarantee. like schwab does. man: (scoffing) what are you teaching these kids? ask your broker if they offer award-winning full service and low costs, backed by a satisfaction guarantee. if you don't like their answer, ask again at schwab. ♪ ♪ >>> hi there, no, you aren't experiencing deja vu you are watching o"options action" with guy here's what's coming up. >> maybe not video game stocks are tanking, but dan nathan says one is poi

also seen is that some of the names, even names i like, like the oil service company names like halliburtondown 10% since i got in this stock, if something is going to take crude down, it will take the whole space down since we're looking at an etf or the same thing applies when we look at an index, i think what you want to do is look to things like put spreads i specifically was looking out to october at the 71.67 put spread you could buy the puts at $1.67, sell them at 60 cents, that's a net debit of about 95 cents, a little less than a quarter of the distance between the strikes. the idea here is a lot of these types of things, etfs and indices, out of the money puts imply higher volatility, we call that skewness. that's one of the reasons these type of trade structures can set up favorably if you're looking at a basket of stocks like this. >> or skewiness on a friday afternoon. here's the thing, he's risking a quarter of the risk of the spreads. if you look at the components of the xle, the oil service names are the worst charts in the entire market. they look like they're going much, m

to do to try and our college a disaster because halliburton has managed to come to. try to recruit groups who are online the government has offered to. so i don't know if it's huge also showed. how you can choose sides to keep up close and targeted. to when president garvey took office he promised that he would secure all the country yet again we see as you say we see another attack within what is a very sensitive area of the capital near the presidential palace near the diplomatic zone and it really highlights how insecure kabul can be. certainly kabul is not a problem two years ago because the war. surrounded like for example the. other part of the. provinces of the kabul. expected. inspired by. the big hope for the afghan people. unfortunately should be a. national security force regardless of where these apparent rockets missiles landed what action do you think the president and his military generals will take next. the helicopters. looking for the insurgent targets. power. conventional. logs. to fly taliban back to this. position. longer. mr hamdan while our vie

we've also seen is some of the names, even names i like, like the oil service company names like halliburton down 10% actually since i got into this stock. if something is going to take crude down it will take the whole space with it whether it has a direct impact on them or not. since we're looking at an etf or same thing applies when we look at an index, i think what you want to do is look to things like put spreads i specifically was looking out to october at the 71, 67 spread. you can buy the 71 puts for $1.55. when i was looking at that earlier, sell the 67 for 60 cents. a net debit of 95 cents. a little less than a quarter of the distance between the strikes. and the idea here is that a lot of these types of things, etfs and indices, what you'll see is out of themoney puts trade at higher implied volatility, sometimes significantly higher than the at the money puts we call that skewness. that's one of the reasons these types of trade structures set up fafrlab faf favorably if you're looking at a basket like this >> or kewiness he's risk a quarter of the width of the spreads if you look

people on the left wing are looking at corporations, halliburton,e halliburton,est, et cetera. so the belief in conspiracies, in other words, right wing, left wing, democrat, republican, they all have a secret room where they are meeting to do things we don't like. but the membership list and the name cards on the seats in the secret room are completely different. right? george versus dick cheney. you have very different people depending on what side, right? those higher on the index are less likely to vote or give money, which is not surprising. more likely to be gen xers are more likely to believe in conspiracies than millenials that are born later. that may change, who knows. slightly more inclined to violence. this is a big question that people who believe in conspiracies are more inclined to violence. slightly. they answered the question, violence is sometimes an acceptable way to show disapproval of the government. 60% of people on the high end said yes. 11% of medium, 6% of low. so if you believe in conspiracies, there is a higher chance of committing violence or -- mayb

>> halliburton i think we talked about energy at the top of the show i think halliburton is one of those names. >> doc >> i'm seeing etp paper meaning call buying. >> josh. >> jpmorgan higher. >>> again, the ceo of caesars coming up in just a few moments on "power lunch" which starts now. >> thank you, scott. the countdown is on. the fed's latest interest rate decision set to drop in just under 60 minutes from now. no news conference, but the statement could be a real market mover and we'll be all over it. >>> amazing apple. the stock hitting $200 for the first time since it split. the market cap in striking distance of $1 trillion. is the iphone becoming a sideshow to what's really driving growth for the company >>> and the race to zero now it's fidelity turning up the heat on vanguard offering the first-ever, listen to this, no fee index funds to investors what it means for the $19 trillion mutual fund business and your portfolio "power lunch" starts right now >>> hello, everybody, welcome to "power lunch." i'm tyler mathisen a mixed session as you see there, but stocks are steady ahea

given moment and it's usually wrong, i can't count on a portfolio of exxonmobil, chesapeake and halliburtonj, bristol-myers and united health, even as i like all they leave you way too exposed to health care risks that could overwhelm the whole group all at once having an underdiversified portfolio is not only an amateur mistake. if you concentrate all your best in one sector and that sector takes off, you beat pretty much whoever is diversified out there. that's the nature of the beast a huge fund manager who does that and gets lucky can then market himself as a huge success, get profiled by every magazine, raise tons of capital from unsuspecting investors who don't realize how much risk they're really truly taking on here is the bottom line. whether you're an amateur or professional, you always need to do your homework and keep your portfolio diversified. it may not be exciting it may not be sexy but this is the kind of routine maintenance stuff that protects you from monster losses down the line mike in south carolina. mike >> caller: hey, jim, from south carolina. >> thank you for calli

his secretary of the interior, ryan zinke, may have asked the chairman of halliburton to build him aicrobrewery in his home now. now his secretary of commerce, wilbur ross, is facing serious financial allegations. according to "forbes" magazine, wilbur ross is accused of stealing more than $120 million from former business associates. he's the secretary of commerce. that's wilbur ross. gee. who would have guessed the cabinet member who looks most like emperor palpatine wound up being evil? [ laughter ] [ cheers and applause ] in all the accusations in the stories, and there are many, my favorite is "forbes" says ross habitually stole sweet and low packets from restaurants. the man is worth $700 million. stealing sweet and low like my grandmother. i believe -- what is this now, a half dozen members of trump's cabinet in hot water? maybe even more importantly, this is the first time a person named wilbur has been in the news since 1935. [ laughter ] they're the best people, though. the best. [ applause ] with all this nonsense happening all the time, maybe the most destructive thing th

are looking at communist and socialist and people on the left wing are looking at corporations, halliburton, etc. so the people they are picking for conspiracies are very different. the degree to which they are willing to believe in conspiracies, in other words, right wing left wing, democrat, republican, they all have a secret room where they are meeting. to do things we don't like. the membership list and the name cards on the seats in the secret room are completely different. right? george soros versus dick cheney. you have very different people depending on which side, right? those on the high index are likely to vote and more likely to be jen x them millennials. my generation was born in the late 60s and 70s, are more likely to be believers in conspiracy them millennials who were born later. that might change as they get older. slightly more inclined to violence, that's a good question. weather conspiracy people are more inclined to violence. slightly, the answer the question violence is sometimes an acceptable way to show disapproval of the government. 60% of people on the high end sa

are having a tough time the oil service names are all down rather noticeably transocean, rowan, halliburton they provide services to the oil industry production stocks are also weak. general material stocks are weak too. the steel names are weak freeport-mcmoran down 1 %. you see different ones aluminum corps for china, that's a double whammy. the china markets generally weak gold miners, there's a bunch of new lows out there got a lot of emails asking about what's going on with the gold miners barrick gold, that's a two and a half year low. gold corp. two and a half year low as well. the other ones are all weakish as you can see, as for gold, it's not that hard to understand the dollar strengthens, a real problem for gold overall of course, there are a lot of rumors out there that some banks might be selling gold just to get liquidity. i wouldn't say that would be beyond reach nobody is putting out any press released about that one, but that's certainly very much within the realm of possibility. guys, back to you. >> all right, bob. thank you very much. >>> so what do investors do with the

people on the left wing are looking at corporations, halliburton, et cetera, so the people they're picking for their conspiracies are very different. but the degree to which they're willing to believe in conspiracies, that, in other words, right wing, left wing, democrat, republican, they all have a secret room where they are meeting to do things we don't like. but the membership list and the name cards on the seats in the secret room are completely different. right? george soros versus deick chene. you have very different people depending on which side. those on the index are less likely to vote or give money, which is probably not surprisingly, more likely to be gen xers than millennials. my generation, those born in the late '60s and '70s are more likely to believe in conspiracies than millennials who were born later. that might change as they get older. who knows. slightly more inclined to violence. this is a big question as to whether conspiracy -- people who believe in conspiracies are more inclined to violence. slightly. they answers the question, violence is sometimes an acceptable