l lack lackluster but longer term, i do like the company and it is a buy for me >> let's talk about hca think >> i really like the earnings report and the move. but i'll say the same thing that i did about proctor and gamble when you see a gap up like that and specifically high on the day is within the first 15 minute bar, generally that means that it is not good for continuation into the following week because we're seeing a wick at the top of the candle which means that we have profit takers coming in here and so when i'm looking at it short term trade, it is lackluster but like the long term trade up into a $300 price point. >> and i still remember that big miss and finally, albemarble. a shocker. >> specifically today with the high volume break, we've broken some pretty key support zones. so with that when we have a high volume break like this post earnings, and we've broken some critical support zones, i think that it is good for continued down side. when you look at the lower levels of support, it would be a tar getting first about 165 and then about down to about 150 >> wow okay

. >> last couple of weeks we've seen examples of an hca or intuitive where at least procedure growthback, right? people are sort of done worrying about going to the hospital, certainly, at least the engagement with your medical providers seems to be on the uptake, would you agree? >> i think that's definitely right. i think people are investing in their health as they do that, they're reaching out to companies like teladoc health with a full suite of services. >> you note some of the criticisms around the stock. they're still there, right, on the future of telemedicine, but on the numbers as well still negative cash flow, right? ebitda. >> we definitely said we expect over $100 million positive free cash flow this year. cash flow is really important now. a lot of -- we've seen a lot about small competitors and new entrants into the market most of those are venture-backed companies who are in a tough cash-raising environment, burning through cash i saw something recently that said 44% of digital health companies have less than 12 months of cash on the balance sheet. we have almost $90

hershey's clorox, lily, hca, mcdonald's, yum brands all consumer classic defensive names, but the restcals, like industrials and materials are starting to move up. here's where we are. the bottom line is, it was not -- it's so far not been nearly as bad as anybody who was afraid we got 89 companies reporting, 76% beating, close to the average good enough for government work. the beat is 5% for years, prior to covid, the average beat on the s&p was 3 to 6% so this is within the average before covid we had some whacky numbers during covid try to look at precovid when you look at the numbers. 62% beating on revenues is lighter than historical norms. the key point, guys, for the second, third and fourth quarters, the numbers are not coming down and that's because the analysts seem very reluctant to cut second half numbers ahead of the federal reserve there is still a belief out there in the soft landing that is largely predicated on the fed not only stopping, but towards the end of next year, towards the end of this year, beginning of next year, cutting rates. analysts seem reluctant to cu

hca had great earnings on friday it's been a great performer.s is another new high all right, they do urgent care, they do hospitals, a lot of facilities you go in and do medical checkups in. maybe it's not terribly exciting, it's not tech, but it's consistent performer. that's a new high. speaking of a new high, this is an historic high, merck. merck, of course, is a dow deponent the problem with merck, it's a very low volatility stock, low beta beta of about 30 it means if the s&p is up 1%, merck would only be up about a third of a percent it doesn't move much on a daily basis so people don't notice the movement of it it's been a huge, steady performer for the last several months again, this is a new high. another one sneaking up, and it's been very iffy, either side of positive or negative, but exxonmobil is slowly creeping up it's up about 6% it's been far stronger than most other energy stocks in general and it's right near a new high about 1% and greg is the specialist, one of the big guys down here for many years overseeing exxonmobil bac

so shares are down 10% >>> and shares of hca are hitting a record high trading about 3% higher.the top performers right now in the s&p 500. >> christina, thank you. >>> and up next, five star stock advice, kevin simpson making moves ahead of some names that are reporting next week. he breaks down the trades after the break. i remember when i first started flying, and we would experience turbulence. i would watch the flight attendants. if they're not nervous, then i'm not going to be nervous. financially, i'm the flight attendant in that situation. the relief that comes over people once they know they've got a guide to help them through, i definitely feel privileged to be in that position. ♪♪ ah, these bills are crazy. she has no idea she's sitting on a goldmine. well she doesn't know that if she owns a life insurance policy of $100,000 or more she can sell all or part of it to coventry for cash. even a term policy. even a term policy? even a term policy! find out if you're sitting on a goldmine. call coventry direct today at the number on your screen, or visit coventrydirect.com

. >> on the other hand, if volumes hold in, we saw this with hca and your costs come down, you're in bit of a sweet spot >> margins. >> and you get to have high margins. gross margin increased 150 basis point. >> and all you have to worry about is the backlash of, quote, gouging the customer and you're managing your margin for longer. >> and running the business for shareholders and they're dealing with extreme foreign exchange pressure and they're trying to offset that with higher prices as well that's why -- they also say they have tons of innovation. this also leads them to believe and feel confident they can raise prices it's not recessionary because typically, carl, when you see a recession, and i know png is a staple you always need toothpaste and tide detergent, but normally you see tradedowns from the premium brands you can't call it recessionary behavior from the consumer at all. >>> time for a news update with seema mody >> here's what's happening at this hour. president biden planning to sign an executive order to expand on his administration's environmental justice goals