we are minutes away from dow component home depot's earnings report, this could move markets. nd is your favorite home assistant giving you up to scammers? the shocking new details, we've got it coming up. "fbn: a.m.." ♪ want to put this song on replay. ♪ i could listen to it all day. and zero minimums to open an account. at fidelity those zeros really add up. ♪ maybe i'll win ♪ saved by zero ♪ cheryl: maybe don't call me, that's this next story. first reports that your digital assistants are spying on you, now they may be opening you up to spam call. lauren: if i get another spam call i'm going to go nuts. brett larson is here. they are so annoying. >> they are annoying. it's always like i would like to talk to you about your car insurance. which car is that that i don't own? [ laughter ] >> and i hate to say this, this next pack is genius, whoever thought of this. you know when you google search for something, like you search st. maarten vacations and you see an ad from delta airlines, says will fly you to st. maarten. that's what's going on here. when you ask your virtual as

around here. >> home depot, you go in there -- >> where are you getting your flex seal tape >> home pot and i might walk out with a drill or hammer just because. you know, i say it in jest but it happens to be true. quickly back to kohl's, i mean karen brings up a great point. it was a disastrous quarter. it was a $75 stock in april, valuation is not ridiculous. i get it they have no earnings growth, but the fact they leaned on this stock today on the back of that -- on the back of that quarter, you know what it tells me it means the shorts are going to lean into the retailers that just come in okay and the good ones will continue to get a pass that's what you are seeing now so kohl's with a 12% short interest, you know what? they're going to lean in on it again tomorrow. >> the commentary actually was positive when it came to tariffs. there wasn't much they could pass on to the consumers at this point because they worked it out with their supply chain. that's positive. >> but we don't know going forward -- also they plan on doing a big, i think 300 to $400 million buy back there was

, home depot gives me a better read from the bond market or any talking people on tv home depot has all sorts of insights you can't get from staring at the yield curve and right now the spot says the consumer all systems go. after list piening to the blockbuster earnings, idea we're heading to a recession, according to home depot, things are getting stronger, not weaker but there are issues why should you trust home depot? two words. car carol, the long-time chief financial person who is retiring after 24 years at the company. it was her last conference call. money. we spend a huge amount of time interviewing officials going and hedge fund managers talk in the books and strategists that keep trying to keep them busy but carol has a better track record than any of them and has much less of an agaenda and tome we trust, she should be fed chief what does the great carol tome have to say? let's go to this morning's conference call. let's go to the transcript that helped propel the stock nine points as the clueless headline writers called the quarter a big miss, one nanosecond here she goes.

home depot is up one, expectations are low.% comp, they did a 3 in the u.s., which is strong. the second is cyclical rates are down existing home sales high single digits in the back half of the year, up 1 to 2% in recent months investors saying we've taken the brunt of that decline in existing home sales and affects on a lag basis so we're only going to get better. the last thing is really the u.s. consumer is the best house on the block in many ways with core retail sales about 120 basis points lower than last year, it's sfabl in the 3.5 to 4% range if that tariff risk is going away, perhaps, we need to get there. home depot is best in class duopoly with amazon and investors need to own it. >> john, at some point buy-in conditions out of the survey the other day where they said big household items were the lowest since 2015 but investors looking past that on this print at least. >> yes i think chris deals with bigger ticket than i do you about i agree retail is strong wage and job picture is very strong you do have a difficul

, walmart didn't work out so well, a better result with home depot.nteresting week, home depot and loews. >> i want to use calendar spreads for it the other thing, with the disaster protection trades, you don't take them off when you get a swoon like you had this week you don't get rid of your car insurance after you collect the one time on a dented door. you got to keep that insurance on >> that's your final trade >> that's it >> sales force is reporting. you get a sense ofc what they'r feeling. i think it's a good opportunity to think about that. if you want to protect it, think about callers. >> that does it for us here on "options action. we'll be back next friday, 5:30 p.m. eastern. - [narrator] the following program is a paid advertisement for the nuwave bravo xl sponsored by nuwave, live well for less. is all the clutter in your kitchen starting to look like an old junkyard? sick of spending hours cooking, only to serve mediocre meals lacking in flavor? wish your family would spend less time whining and more time dining? well, now they can! wit

home depot on the long side.'t work out so well, got a better result with home depot. a sell off to support. buy the dip. >> going to be an interesting week home depot, lowe's and a number of retailers. >> of the two, depot is the better operator than lowe's. i'm with carter. use calendar spreads for it. the other thing is with the disaster protection trades like that, take them off when you get a swoon like you had this week you don't get rid of your car insurance after you collect one time on a dented door. you have to keep the insurance on it. >> is that your final trade? >> that's it. >> okay. yeah, and i would say this so next week salesforce is reporting. it is a great opportunity where there's not a lot of companies reporting earnings to take -- get a sense for what they're feeling in the -- you know, as far as. >> retailers next week. >> you have that, i think it is a good opportunity to think about that if you are long and you want to protect it, think about it. >> good stuff. great weekend, everybody th

on the decline despite good earnings from home depot and and expectations -- home depot and expectationsis is bloomberg. ♪ from the couldn't be prouders to the wait did we just win-ners. everyone uses their phone differently. that's why xfinity mobile let's you design your own data. now you can share it between lines. mix with unlimited, and switch it up at anytime so you only pay for what you need. it's a different kind of wireless network designed to save you money. save up to $400 a year on your wireless bill. plus get $250 back when you pre-order a new samsung note. click, call or visit a store today. vonnie: live from new york, i'm vonnie quinn. vonnie: i'm vonnie quinn. guy: live from london, i'm guy johnson. regaining theden lead for the presidential nomination for the democratic party. he has 29% of the registered voter in the polls. that is up seven percentage points from june. bernie sanders is next at 15% and elizabeth warren at 14%. greenland is reiterating it is not for sale. at a meeting with iceland and the nordic government leaders, they say president trumps idea of buyin

home depot lowered sales guidance for the year.ton post considering another tax cut. the white house says it's not true. then crying foul, social media clucking over which fast food companies make the best sandwich. the heated argument coming up. ♪ we will never be, never be, anything but loud. ♪ and knity gritty. dirty little freaks. ♪ won't you come on, come on. what's up with your... partner? not again. limu that's your reflection. only pay for what you need. ♪ liberty, liberty, liberty, liberty ♪ sleep number 360 smart bed. can it help keep us asleep? yes, it senses your movements and automatically adjusts to keep you both comfortable. and now, all beds are on sale! save 50% on the sleep number 360 limited edition smart bed. plus free home delivery. ends saturday. content on their endless quest, to nowhere.s, run hopelessly in their cage. but perhaps this year, a more exhilarating endeavor awaits. defy the laws of human nature,at the summer of audi sales event. get exceptional offers now. maria: welcome back. good tuesday morni

. >>> home depot, kohl's and tjx missing the mark on sales. is the american consumer running out of steam >>> beyond meat shares sizzling on an upgrade. is it time to jump back in after the recent sell-off? >>> the investment committee is ready to go. "the halftime report" starts right now. >>> welcome. it's good to have you with us on this tuesday our investment committee, joe terra nova, johnna jerian and marian bartell let's begin with apple second best performer in the dow. stock topping $213 this just has been quite a comeback, jim. >> we had that big sell-off the day that the latest tweet on tariffs came out about 2 1/2 weeks ago steadily climbing black. a barometer for the market, a little bit of give from president trump on china negotiations first there was the delay of the tariffs, then there was the talking with the apple ceo tim cook on friday where he said he made a believable case and a discussion he had with the ceos of three major banks so apple as with the market i think is perceiving that maybe there is some recognition from

look at home depot, walmart.hey've been weak for a long time we see nothing on the horizon that changes that picture. >> i wonder about this from an i investment perspective is it immune to contrary thinking and value investing and looking at what is cheap and what can come back if i sit here and say gap stores trading five or six times. all of these changes with a ton of physical square footage and not a lot of options. >> i know you understand this but the u.s. probably is three triple to four times as much retail square footage of brick and mortar as we need today. particularly in the malls. a huge amount of overstory taking place there you're swimming way up stream. i think it's better to find someone. look at t.j. max one of my heros. >> numbers were a little light. >> that's my point here is a company with $62.5 million market cap. >> yeah. >> there's nothing left in department stores. they killed department stores. not the internet and the internet is finishing off the job. t.j. max very strong company onl

courtney reagan spoke with the home depot cfo moments ago and has more on those reports. hey, court >> weaker than expected results but different reasons for each home depot and kohl's beat earnings all three missing expectations for revenue. the street expected more at 3.5% instead of the 3% they reported. pri prices 50% lower on lumber and i spoke to their cfo she said company hasn't oob served any sales impact on consumers from tariffs home depot is modeling for impact of 2% of u.s. sales but with its mitigation strategies she thinks it will be a less than $2 billion hit however tome questions what happens to consumers broadly with more tariffs. if consumers start to slow down, more broadly, could it actually have an impact on gdp so as a result of that concern and that continued lumber deflation, home depot is cutting full year sales guidance kohl's fell more than expected they point to unseasonably cool and wet weather early in the quarter and says it hurt sales of spring goods but it improved with the weather and turned positive in the last six weeks by 1%. that con

. >> home depot reporting 317 a share. that's above 308 that's what the consensus is however the revenue indicated 30.984 and it's at 30.8. so the stock is indicated at this point down a little bit the same store sales number was 3% u.s. 3.1% for the year the company sees same store sales up 4%. there is some -- they do update the fiscal year guidance but they haven't broken it out yet i can go into the press release. >> just taking a look. they expect their sales to grow and they expect comps to be up by about 4%. that would be strong growth at 4%. >> they beat by 9 cents. so 1010 is where the street is for full year. >> they're saying $10.03 for the whole year maybe they got ahead however the chairman and ceo says they're encouraged by the momentum that they're seeing and believe the current health of the u.s. consumer and stable housing environment continue to support the business but that being said, lumber prices declined significantly compared to last year and that does impact their sales growth too. >> all right at

at least 5% below those of home depot.here's a lot of slack. >> what about the geographic location of stores isn't that another hit against them they don't have the same distribution isn't that why they're under owned? i always thought executional skills were weaker but if you want full geography you have to do depot. >> that's a piece of it. it's very true that home depot has generally speaking better locations because going back to that 5% comment i made, that's maybe 2 points of that the other three is simple -- well not simple but store level execution. >> i have to own both going forward. i can't get enough exposure anymore. i have to have the executional upside of a lowe's now institutional investors always underowned this thing. is this the turning point? >> i think so. the way i'm recommending is you own them both. home depot is a very high quality company and undervalued stock. lowe's turn around opportunity so it's two different type of investment vehicles but i don't think you'd be hurt owning both of them here.

. >>> one of the bright wpots toda home depot. world's largest home improvteent retailer rep better-than-expected earnings and that sent its shares up more than 4%, making it the top performing stock in the dow today. but the company did lower its sales outlook for the whole year amid concerns about the economy and the tradeco war. tney reagan has more. >> reporter: recession fears loom and there are signs of owing economic growth. home depot executives say the consumer remains healthy and the housing market is stable, though it wasn't a perfect quarter for the home improvement retailer. lumber pricetieflation ces to weigh on sales. prices are more than 50% lower than a year ago, and a big reason comparable sales disappointed. unseasonable weather delayed some home improvement projects early in the quarter, though as the weather improved so did sales. saleig of ticket items like floridaing ali aces were strong as were sales to professionals like contractors aseros contio work through a backlog of projects from poor weather yerli we

home depot cut its revenue forecast. e largest home improvement chain cited lumbar price deflation, but also recently announced tariffs that will hurt u.s. consumption. they reported same-store sales growth worse than expected. elanco animal health agrees to aird's unit at $7.6 billion, one of the biggest a standalone -- billion. that will create one of the biggest standalone veterinary companies. starting today, the wealthiest citizens in denmark facing a reality. one of the country's biggest banks will start imposing negative interest rates on deposits over $1.1 million. earlier this month, they made history by offering 10 year mortgages at negative interest rates. nextank's ceo says for the eight years, there could be negative rates. that is your bloomberg business flash. alix: thanks so much. those negative yields in denmark, germany selling an ultra long bond at 0% tomorrow, so what do you do? the solution seems to be u.s. investment grade credit. the blue line shows exactly that versus the orange line, non-us invest

actual builders have done nothing for three weeks but that's called outperformance in the market home depot, earnings next week, i think you can draw the lines as follows one way to draw the lines, you have sell-offs, and this is a very precise sell-off in terms of days town, 11% and this is 9% what's really important about the two sell-offs is that they both came to rest at this trend line and i'm going to make the bet that we're going to come to life again off that trend line. let's look at another series of numbers. the lows, the highs of three weeks ago, a $63 move, $21 down. that's a ratio, a third. we've come down and again we're right down to this line. i think that all sets up for something quite constructive and then finally, of course, it's all about alpha during the sell-off, this 9%, 10% sell-off, the stock has been going up relative to the s&p i think it's a good place to be as a defensive name and an offensive name. >> come on back over mike is going to give us the trade in the meantime. >> so home depot with lowes, they are the better of the two companies. they have significa

home depot cut its sales forecast yesterday as a comparison and similar to what we heard from home depoteo note lumber deflation and weather were issues, but paint and pro shops were strong, which happen to be two of the strongest parts of home depot's yesterday, too sara, back to you. >> thank you. >>> for more on what to do with these stocks, we are joined by mark astrokan. an $85 price target. also with us is ubs retail analystmichael laser, neutral rating on target, $86 target buy rating on lowe's with a $115 rating both stories were really strong. is this a management execution story on these two names, or something deeper about the u.s. consumer >> there are three things that are driving these strong results that we saw from both retailers. it is a strong consumer, the foundationsful consumer spending are very solid. number two, there is a growing cas mu kassim between those well positioned retailers and everybody else the consumers being more discerning about who they are doing business with. that's benefiting retailers like target and lowe's. third. both management teams deserve

guy: -- not backingffs are the home depot bottom line just yet. retailing home up more thanndex, 1%. home depot up more than four percent right now. the s&p 500 is down 2%, but sentiment is not hugely shifting one way or another. the 10-year yield, 1.56%, a little flight to safety, and crude oil futures before inventories and the eia report, 1.2% lower. guy: let's talk about what is happening in rome. the political drama once again. being generated by that country per the italian 10 year yield, the btp's, as you can see, yields going lower. prices going higher. what has happened is, conte is going to see the president. in a speech before the senate in rome, conte sharply criticized right, basically burning their relationship to the ground, calling his decision to solve this political crisis irresponsible and motivated by personal ambition. joining us now, scott thiel, blackrock's chief fixed income strategist. scott, kind of a weird reaction. good afternoon, by the way. scott: good afternoon. rise, yieldsices come lower. maybe we get a five-star pd

we look at lowe's versus home depot, the operating margins have been underperforming. the same-store sales growth has been underperforming they have a brand-new management team they have turned over basically the entire management team through last year. now they're starting with a clean slate of a lot of folks that came from home depot, to be honest now they're using some of that same playbook in 2019-2020 now, there have been some hiccups in the turnaround, and i think that's to be expected. >> the last quarter was a hiccup, wasn't it? >> exactly >> is this the quarter that the new management shows its stuff >> probably not quite yet. there will still be issues in the second quarter the street is expecting. same-store sales could come in pretty decently, but we'll likely still see margin compression, which is what happened in the first quarter. in the second half of this year, that's when the results start to get cleaner and when some of the initiatives the new management team has put in place actually start to come through. longer term, we think this is a really com

you look at home depot, people are still going in, people still want to fix up their homes.of homes are at the highest levels they have ever been so people want to invest in that asset. stuart: $fi5 gain is a nice gai. dow stock, too. what do the retailers tell us about the state of the economy? >> i think it's giving positive overall reading because you have some that are not doing well, kohl's got hit, tjx surprisingly got hit because they have been pretty strong. but you look at walmart, look at some of the other big names, the people that are doing retail well are doing it really well. i think the mall-based stores are in a bit of trouble, but retail in general is doing really well. that's good for the economy. stuart: now, the "wall street journal" says there's a group of states that are going after the big tech companies on antitrust grounds. okay. i don't know the details of this. but dr, with that in the background, would you invest fresh money into the two principal targets, facebook and google, would you put money in? >> i would and here's why. we have some experie

earnings from home depot, target and more will the great american consumer keep spending? and a bullish new call on a major apple supplier it's our call of the day this committee is ready to go. "the halftime report" starts right now. >> welcome, good to have you with us on this monday, our investment committee, josh, steve brown, we begin with the markets, stocks continue to stage their rebound, rise in bound yields giving relief there. you finally can take a little bit of a sigh of relief that yields have stop going down, maybe they bottomed and stocks did too. >> i feel like we're in one of those moments and we have had them off and on over the years it remind message a lot of that risk on, risk off kind of market environment that we had previously spent months in different years throughout the recovery 2011 stands out. we probably did this in 2015 too. where you have days is obvious, today is a risk on day, and so they sell off all the bond proxy, defensive sec ttors, and lasts a di or two days, and find yourself in other days, they're taking up consumer stable stocks

some great results out of home depot. mixed results, but a great reaction for the stock driving a lot of that home construction surge over the past year to date period. and if you are looking for the stock of the day, balance some of that optimism with pessimism. since the highs we saw last november, this stock is now down around 41% although when we look at everything overall, it's still been a nice rise for some parts today and yesterday and it fell off again today. so, joe, pessimism, optimism, a little bit of everything for everybody in the market. back over to you >> we'll talk retail in not too long of time, dom, thank you. >>> we heard from many market participants of what could be next we recovered all the losses from last wednesday's low and what is driving the optimism let's get to bob pisani. i've seen a lot of your reports. give me something new, dude, customize it to me now >> we have lower yields and lower stocks it's been that way the whole month, joe it's a broken record and happening again today. the cycli

ruben said he reported the problem the same day home depot delivered. we didn't hear back from the store but within a week heem depot refunded $1,552.52 so he could get a new refrigerator. it's tricky. there's no one universal answer, so we recommend asking a salesperson up front what do i do if there's a problem in the first few weeks or months? who do i call? ask to see their policy in writing. if you have a consumer complaint, please call us 888-996-tips or go to nbcbayarea.com/responds. >> thanks, chris. >>> coming up here on "today in the bay," the latest on the breaking news we're following out of contra costa county, where investigators say an off-duty police officer shoots a man. what detectives are just telling our reporter at the scene. >>> and it's going to be another hot day as temperatures peak and will also be a spare the air day with unhealthy air quality in the inland east bay. i'll talk more about this and what's ahead temperature wise coming up next. >>> and san mateo bridge westbound with the taillights headed over toward 101, san mate

they went long home depot and short lowes.o bet on performance of companies honestly, it made sense if you look at the last quarter, lowes was wanting and if you listen to the good home depot call from yesterday, it was easy to believe they must be taking tons of market share from their main competitor when lowes reported this morning and shot the lights out with strength across every isle, that paris trade was blown. traders know that discipline trump's conviction is a rule if a trade goes against you, you have to get out, which in this case means covering your short positions at any price that's how the stock surged up 10% today. discipline short sellers bought back stock to close out their positions and take the loss and catapu catapult target has a different set of circumstances. there was a two-fold case. the bears argued they couldn't compete and argued target would be hurt by the tariffs because they import so much from china i had suspicion it would be a terrific quarter which is why i included target in my watch acron

here in the georgia his parents worried that insurance would not cover a water so they went to a home depot when cedartown georgia last week to buy parts to build one themselves when employees heard logan story they surprised his parents building the walker for the call me crazy but i don't find the one wanking kid gets to walk things to a chain hardware store story kind of disturbing what about the other disabled children who are in surrounded by extremely healthy for home depot employees what do they do if these volumes about the people there actually trigger that's i don't think you know really does everything and that's the america we know and in other countries their basic assistance to a handicapped child would be basic human rights on the other hand when it comes to home depot into. my experience is much different. do you know where the orange pipe is. no i don't think that's my department you think we sell that sort of thing we have i just saw a kid with the orange pipe crippled kid with the orange walker he had the pipe you know lady we don't show kids in another similar story and

disturbing what about the other disabled children who are in surrounded by extremely healthy for home depot employees what do they do if these volumes about the people there actually trigger that's i don't think you know everything that's the america we know and in other countries their basic assistance to handicapped child would be a basic human rights on the other hand when it comes to home depot into. my experience is much different. do you know where the orange pipe is. no i don't think that's my department you think we sell that sort of thing we have i just saw a kid with the orange pipe crippled kid with the orange walker he had the pipe you know lady we don't so kids in another similar story and picked up by a major news networks who year old couldn't walk on his own so one high school robotics team built him a customized toy car you know what would make good news if you close your eyes and just imagine those teenagers are congress just an amazing story what wonderful young people so remarkable the coming of the market cornered to one of those actually cost $20000.00 if you like that

home depot earnings were in focus. home depot numbers beat the street. a reminder of the thorn in the market's side. home depot is worried that the trade war a new round of tariffs will cause consumer spending to slow down. it. j max, positive report was dampened by earnings guidance. numbers were under wall street expectations. headwinds to consider here, global slow down, europe, china, parts of europe, bond yields continue falling, continued flight to safety less proannounced than last week, fundamentals pretty strong. gdp more than 2%. july retail sales are pretty strong. the consumer is hanging in there right now. despite the recent volatility the stoke market is higher for the year. now the white house blames the fed, but also taking steps to support the economy. delay of some new tariffs until mid-december. also, white house deputy secretary hogan gidley telling fox that a payroll tax cut is not being considered at this time but that they are looking at the possibility of other tax cuts. connell? connell: talking about hogan's comments in a moment

i need to go to home depot because the boy cot begins. ran to home depot and wanted to put on a disguise but i realized no one looks like me. some people on the right were criticizing netflix. i cannot. boycott starbucks and nike. at&t. the president tweeted that. this is free speech. if you run for congress, i might give you a nickel or two. i won't give you all my money. i might even throw a fundraiser. because i know you and like you. >> that's nice of you. >> hell yeah! do you think i am scared? hell no! >> [laughing]. >> lawrence, did you go to the gym today? >> still light today. >> is the boy cot working? >> i think it is working and i don't care. it's a clean gym and that's the only thing i care about. >> it is the cleanest gym. the point that bothers me about this debate is the hypocrisy. saying that the president is the only one escalating things. the democrats and the president are not far apart. it's only one side telling the other side to calm down. everything is taken so personnel. the democrats call the republicans hateful

more of my interview with home depot cofounder and nyu health ceo.n addition to healthcare he shared his opinion on the trump economy and the possibility of recession. >> isaac were probably going through one right now. but let's understands of the. i think for possibly at the 2% gdp rate which is very good considering where we are with unappointed, we have a shortage of people now. maria: 50 year low on unemployment. more important for the minority, that is the thing that excites me. their lowest since we have been keeping records. in the more we make our economy widespread and beneficial to everybody the better we do it. that is what is going on in america. trees don't grow in the sky. at some point, we are going to have a slowdown. at some point we may have a recession. that is okay. i'm very worried about one thing. i'm very worried about the low interest rates. they do not have a happy ending. gogod for bid there's nothing to do about it. maria: and yet here we are talking about the federal reserve cutting interest rates. >> these people are liv

it's a would you rather within shop it or drop it. >> a lot of game. >> i would take home depot over the homebuilders home depot it continues to grow into its valuation, 19 times earnings isn't ridiculously expensive for these guys i'm in the dan mason camp, i shop it. >> let's move on to target, tim, shop it or drop it >> i'm going to drop it. i think there's too much pressure on these guys i think target's had a great run. it's kind of a victim of its own success. a little late on my drop it. yeah, my red bag is getting kicked to the curb i think if you look at the comps, they're also becoming more difficult for this company. if you look at what's going on in terms of tariffs, the labor component of their business. i think there's a margin issue, and i think there's way too much store space in the big box retailers for them to not have margin degradation. >> talk about the cross hairs of the tariffs. >> yeah. skpi agree, and i think if you're looking at walmart's results last week and you want to extrapolate to target these are two different companies. walmart gets half of its sale

francine: i like home depot. on as a bellwether of housing. about, to write home probably my favorite u.k. expression never. bones are climbing a touch in europe -- bonds are climbing a touch in europe. watch for the prime minister of italy talking in about four hours. overall as you said, treasuries climbing in the dollar holding close to the year's high. stories,one of our top fed president rosengren is pushing back against interest rate cuts. president trump called for them to cut by "at least 100 basis points." eric rosengren is not convinced slowing trade and global growth will dent the u.s. economy. >> was tied to the fact that economic conditions are still pretty good, 3.7% unemployment is very low. inflation is a little bit low. the core measure is 1.6%, but if you take out the outliers using the dallas trim mean, it is closer to 2%. my own view was we have to be careful not to ease too much when we do not have significant problems. the focus is not to do something that affects the exchange rate or necessa

now home depot, as you know, used to be focused entirely on the new home market, the market for people buying and catching up. now with people holding on to homes longer and longer they're hoping to ramp up sales for those folks. but lots of focus on home depot. it is the only dow component, retailer reporting today. they did very well indeed. the stock did well, but of course that wasn't the news across the board. we also had tj maxx which had a lot of trouble. that stock in the red. so really been mixed reports for retailers. back to you. melissa: gerri, thank you. our panel is back. gerry, let me ask you, apple reportedly committing to more than $6 billion in original programing ahead of the launch of apple tv plus. what do you think about this in terms of the streaming wars? they want to get it out before disney, whether i'm selling a show, or i'm a viewer, it sounds pretty good to me? >> i think apple knows that if you look at the iphone numbers, the ipad numbers, the watch numbers, not that great. they have to go elsewhere. the good news services are way, way up. they're trying s

last quarter though lows had strong points that were better than home depot for the first time in awhilegoing through a turn around under a ceo lowe's will be one to watch to see if the operations are changing significantly and how close they're pairing to home depot because we're beginning to see a divergence there everyone keeps pointing to target along with walmart as the company that's really merging online, physical stores together in a way that's working for consumers. you can argue that target and walmart are a bit more stable and lastly we have nordstrom and focus on department stores and people point to them as a service oriented company that does have a lot of loyal following t sales are weak so what's going to happen there and what does the future look like today we'll get really good and important reports to help us continue tmuch we appreciate it. >> the trade war has hit home and emotions battled chinese tech company huawei is laying out it's plan for the on going u.s. pressure. we're joined with the latest here life or death is a fairly strong way to put it. >> well, that'

i went home depot last night. they only had one tower had everyone else was checking themselves debt all right what you have to get fix my air conditioner o well, it's a good thing is going to get hot. >>the bay area was a manly man and thanks to their conditioning. for you right now you know what to to appease that's that's probably the number one thing you don't want to tell you. >>but with that being said, i'm you know billion in revenue not too shabby billion in profit. >>not too shabby their stock is up over 20% for the year lowe's is up 3%. home depot is a play on baby boomers um it's a play on millennials it's a play on people who own homes who want to put a fresh coat of paint out freshen up the house because we really can't buy a lot of houses in california. so we stay the ones that we have and therefore we go to home improvement retailers like home depot and service them quite the company great company push a company i would own shares of home depot consult broker visor for taking action in stocks i ever

home depot shares take off. head of canada's biggest pension fund weighs in on how negative yields are affecting his decisions. help wanted. workingnce industry is -- looking for a few good souls alo can get along with met colleagues. let's get a check on the major market averages. treasury yields falling again today, across the broader s&p 500. consumer discretionary, tech, utilities all seeing modest gains come but everything else is negative. materials are leading the decline for the dow. down pretty sharply more than 4%. consumer discretionary is strong. you can think the retailers for that. low passome depot and moving higher today. we are watching the unfolding political drama in italy, conte offering his resignation. we saw the spread between italian bonds and bunds fall. an interesting interpretation of what happens next. there is a sense that nothing will happen quickly. shery: at least we know for certain, the uncertainty around the world will continue. this comes on the back of more u.s. china trade t

. >> home depot gaining 7%, veriz verizon, merck coca-cola do you stick with these? jim, boeing, you owned this, they just pushed babb the return of the 737 >> so united did that. >> i'm sorry, yes. >> that's an important distinction. boeing as of last week is still defending early in the fourth quarter they'll be flaying the 737 max. honestly that sounds a business aggressive, but management keeps say this i have to believe that they're saying that, because they have some inside knowledge of this. if not, they are setting themselves up for a world of trouble in terms of shoulders lawsuit it gets back in there in the fourth quarter, the stock goes back to 400. >> if it doesant >> if it's late fourth quarter, fine if we're talking we don't know, maybe the first quarter of 2020, look out below. >> jennie, in boeing >> no. >> is it too risky >> it's too expensive for me >> i agree. >> i've always said i would look at it if it traded with a market multiple i don't think we're going to get there. >>> let's go walmart joe, you got this one? >> it's interesting. when i look

our team contacted home depot because home depot's return policy says it handles problem appliances whenumented within 48 hours of delivery. ruben said he reported the problem the same day home depot delivered. we didn't hear back from the store, but within a week ruben told us home depot refunded $1552.52 so he could get a new refrigerator. it's tricky when a product doesn't work early on. do you call the manufacturer or does the store handle it under its return poll sni there is really no one answer here. we recommend asking a salesperson up front. what do i do if there is a problem in the first few weeks or months? do i call them? do i call you? who do i call? ask them, and ask to see that policy in writing. if you have a consumer complaint, please call us, 888 had the 996-tips or online at nbcbayarea.com/responds. i know it's no fun to shop for a refrigerator, but you have to ask some questions right there after you pick. >> i love looking at refrigerators. >> do you why? >> i want to open all the drawers all the things. >> when i need one guess who i'm taking? you're fun. >> can you

remember home depot a few months ago when bernie marcus a co founder of home depot had left home depothat, 15, 20 years they were trying to get a boycott, the left was trying to get a boycott of home depot because marcus had supported trump and he wasn't involved with home depot in the last 20 years. the left is trying to lineage people -- david: it is a form of public shaming. >> guys, it's been on both sides, come on, now. >> the rhetoric with which he surrounded it, that you are against a community. that's demagoguing stuff, inviting violence, bad. >> people should be able to choose whether they do business with these people or not. >> a fundraiser for president here in new york, here in new york city, and he's the owner of sole cycle and also equinox, there are now calls even by celebrities including chrissy teigen to boycott sole cycle and equinox. i'm not stopping my spinning classes i will tell you that. >> i may join you. >> robert might want to ride the bike next to me. >> robert go ahead. >> when my name was coming out on wikileaks, i didn't hear you guys yelling and screamin