>> j.c., president of the united states will be inside this building here tonight. the convention. we'll hear from the president tonight. of course, the democratic nominee will speak tomorrow night, before she does that, president obama will speak to perhaps, for the last time in front of the largest audience he'll speak at a convention, at least before he leaves office. take a look. >> there is not a liberal america and a conservative america. there is the united states of americ keynote speech in boston in 2004 brought hillary clinton out of her seat. >> anything is possible. you stay worried until all those votes are cast and counted. >> tonight, i think the president is committed to ensuring that this message of ensuring all votes -- >> he'll focus on painting a compel picture of secretary that the president of the united states is profoundly optimistic about america's future, and is a hundred percent convinced that hillary clinton can be a great president. >> the vice presidential nominee will also stand center stage tonight. >> i'll be honest -- >> every race have i is as clo

j.c. penny, dick's sporting goods. many of the stocks at 30, 40%. >> pete talks about tj maxx all the time. i will say this. i think as a show collectively, we've been talking about home depot now for years. $145 price target. people will say it's too expensive. i say with about 14% eps growth, into earnings, i think the climate still works for them. it has for years. they have their inventories under control. you want to stay long on retailer, i think home depot's the best in the space. >> i agree i think you have to stay long home depot. i think my len yals are going to shift, move out of the cities and be shopping home depot. i love tj maxx and i love the dollar stores. >> okay, there you go. the names we mentioned. next up it is official. federal health workers announcing today the first locally spread case of the zika virus. meg has the details. >> that's right. we've been expegting these cases to start spreading in the united states and today, we got confirmation from the cdc and florida department of health that

>> j.c., president of the united states will be inside this building here tonight.

. >> j.c. penny. still up about 34% year to date. not under any pressure now. i'm long it. continue to be long it. >> guy. >> want to be a tough guy or gal? by yourself a harley. you're going to be the talk of the party. gl all right. see you back here monday. options action starts right after this. snoelt ♪ ♪ se, with new cabinets from this shop, with handles designed here, made here, shipped from here, on this plane flown by this pilot, who owns stock in this company, that builds big things and provides benefits to this woman, with new cabinets. they all have insurance crafted personally for them. not just coverage, craftsmanship. not just insured. chubb insured. thank you. ordering chinese food is a very predictable experience. i order b14. i get b14. no surprises. buying business internet, on the other hand, can be a roller coaster white knuckle thrill ride. you're promised one speed. but do you consistently get it? you do with comcast business. it's reliable. just like kung pao fish. thank you, ping. reliably fast internet starts at $59.95 a month. comcast business. bu

on our facebook page, j.c. penny is hiring 250 mu employees in the san francisco bay area. they're preparing for the back the school shopping rush. more news after the break. thank you so much. did you say honey? hey, try some? mmm that is tasty. is it real? of course... are you? nope animated you know i'm always looking for real honey for honey nut cheerios well you've come to the right place. great, mind if i have another taste? not at all mmm you're all right bud? never better i don't know if he likes that. yeah part of the complete breakfast >>> one of the most popular gifts last xharks but now, more than a half a million hover boards are being recalled because of fire hazards. federal regulator says at least 1100 of the boards like this one in february have burst into flames. they blame the problem on lithium ion batteries that overheat. half of the board rs manufactured by a company called swag way. >> this is indicative of improper design, improper manufacturing. and i would actually say irresponsible fail. >> you have a hover board, take notice. the fires have also

former ceo of j.c. penny. great to see you.ctually say these guys, these i was going to say big box, but these department store guys are spentding too much money on yoin line. why is this? >> i think they have to have online, but my concern is that they've taken money out of the bricks and mortar side. that's 85% of their business and it will continue to be the dominant part of the business. and when you take the money out of keeping those stores up to speed and what needs to be take care of customers in those stores, it will only detract from what they to. the internet business has every added oth total volume. every time you add a customer on to the internet, it's one last time they come on to the store. now, i'm not against the internet, but you have to make stores exciting an you have to have great service in the store to take care of the customers and when it's exciting and theatrical, they come back into the stores and i think they have done less than a perfect job of that over the last five to six years. >> you're also s

. >> i have j.c. penny where i thought there was a story, but for them, i think it's a single stock specific story. >> what rings the bell for you? >> i need to see new highs across the board, but most lickly ooen if i see the new high, i'm going to go in where i see multiple expansion. they're not overvalued. we've never seen an environment like this. you can't value, what is the environment though? >> this is why the bond market and yield and you're right to be in yield. i bought some cme because it has a yield and you get the idea that they're going to benefit from volatility. you have to understand this is a huge, huge bubble. u.s. bond markets are a massive bubble and yield is a massive bubble. it's 100%. that it's right move to make. >> we have talked about the notion, the differential between the yield and bond yields and dwraeter that gets, the more compelling being in stock, particularly dividend yielding stocks are, so, can that overcome the valuation case? you know, how can you pay 22 times

i got into j.c. penney. >> why are you 75% in cash? >> because i think that the market is topee here. there's no real volume. >> you just told us that the multiples were going to expand because people were forced into it. >> i said they can go higher. >> right. >> it doesn't mean that they should and it doesn't mean it's going to stay there. the volume has been atrocious. this was the second lightest volume day outside of the thursday before easter. that's not conviction. people are not buying into it. >> there's no panic. you're consolidating for the summer. >> but people are not buying into it so they're not covering short. yes, it can go higher, but we get one blip, one sniff of weakness on the earnings front and this market comes in as quick as it went up. >> the one thing i would like and i would not necessarily disagree with what you're saying, karen, we have to understand we do have growth, it's in old tech and there is growth there. you look at cisco, that's the company in the midst of a transition, a new ceo taking them in a d

j.c. penney has up to 50% off winter coats. we found a pea coat $200. down to $39.hose are really good prices. >> that is a great deal. hard to wrap your head around a winter coat. but if you're a forward thinker, then, you know, christmas is coming. there are things you should not buy this weekend. we've been pitching this all morning. drum roll please, becky, share with us. [ drum roll ] >> i'm going to tell you. the good folks at dealnews.com my bible for savings like this. they crunched the numbers. they say do not buy laptops. they get 25% -- that was a long time for the drum roll. thank you, guys, in audio. they get 25% cheaper in august with back to school ramping up. tvs, a don't buy right now. tech generally a dud this weekend. and remember, we talked about walmart and amazon going head to head earlier. amazon's prime day sale is coming up on july 15th. so, if you have one tech item in mind, watch that on amazon and their big competitors. they might price-match. don't buy tech this weekend. >> great advice. thank you so much. thank you for getting up early

j.c. >> yes. >> did you see that. >> hold on. jenna is a skeptic. she's looking at the able.rd. let's isolate it completely. just that little bit you wrote on here. isolate this entirely. hoda, not even air can touch this. hold my hand. think of this person. open your eyes. imagine right there in the glass that piece of paper. energy swirling. think of the first name. think of the last name. do you feel something happening? focus now. >> gosh. i knocked something else over. >> jill conley. >> yes. >> don't show anything. give me a hug. bring it in. >> i want to show them. >> are you all scared? >> i believe you. >> i wrote that down earlier in the show. >> crazy. >> jill conley, we had a wonderful girl on our show who passed away. i never forgot her. my god. that's crazy. >> thank you. >> you're amazing. >> thank you. >>> up next, i need a drink. >>> up next, i need a drink. two-time grammy winner♪ you must be the new teacher, huh? yeah. remember, days like today, you'll never forget. so enjoy it, you're going to do great. thanks. ♪ kleenex, someone needs one. spending the da

. >> and j.c., to think about how much your life has changed from that moment, from standing up on thatur neck, can you reflect on that? >> you know, that moment led us into who we are today and we learned how to work hard, how to manage our time, just being disciplined. i'm very grateful that i was able to be a part of it. >> amy, speaking of legacies, you have two moves that still young girls do. the chow. what does that mean to you? >> it's just really cool. i mean my coach and i weren't aiming to do that at any point. it just kind of happened. it really is an honor. >> amy chow's gymnastics could still hang on this sport. we need you for bars this year. >> you went in as olympic gymnasts in '96. you came out as olympic heroes. i am so proud to have this team to have been role models for the next generation. to be able to leave a legacy where people think back to our team and they smile. >> once an olympian, always an olympian? >> yes. >> absolutely. >> from that moment the girls all reflect and say their lives, really they've gone so much further because of that moment than they eve

screen.ers are on the we'll start with j.c., cedar texas, republican line. good morning, what do you think becoming the rump republican standard bearer. a trump es, i was not last night. nor have i been a fan of donald rump since he's run for president. i feel him declaring last night, long with the other four days of the rnc, was a joke. he doesn't believe what he says. compulsive liar, a narcissist, a sexist, a racist. policies, they're not real. they're not realistic. countries aren't going to agree with that and neither people.of the american this is all here demagoguery at finest. this is why i had to leave the epublican party and the democrat party for that matter because they let polarizing lead the party and it's just not something i believe and libertarian and will be voting for gary johnson november. host: virginia, democrat's line, go ahead. caller: good morning. i just found the convention to be the least diverse i've ever seen and with the globalization and diversity that's increasing in the u.s., it just rang very of touch with true society, an