that is note worthy of the additional jabs that might be going out from pfizer and moderna. >> jon najariand the take of the vix. jon, pleasure to have you on "worldwide exchange. my friend, take care. >> thank you >>> that does it for us here on thursday for "worldwide exchange." we will see you tomorrow with the exclusive insider buying segment. we do it every friday. see you then have are gat day "squawk" is next >> announcer: sector-nomics is sponsored by spdr etfs sofi is a one-stop shop for your finances designed to work better together. save, spend, borrow, invest, and earn cash back rewards, all in one app. that's how you get your money right with sofi. and there you have it- woah. wireless on the most reliable network nationwide. wow. -big deal! ...we get unlimited for just 30 bucks. sweet, i get that too and mine has 5g included. that's cool, but ours save us serious clam-aroonies. relax people, my wireless is crushing it. that's because you all have xfinity mobile with your internet. it's wireless so good, it keeps one upping itself. >>> good morning futures are pointing to a dro

jon najarian, i dared paypal to name this little jon i wonder what the future ofs the schwabs or thetrades, which is now inside morgan stanley, what's their future? >> yeah, and i think you're right on there, brian. robinhood is down. there's pretty decent put activity in that one a lot of it probably stephen weiss, but i think the issue here is that they are not just going after robinhood. they are going after everybody in the industry. and the more you make this easy to trade on an app, which robinhood did, paypal will definitely go that route my brother pete and i are going that route with market rebellion, and i think you'll just see more and more of that, brian. and they are going after those legacy brokers because a lot of them can't do on an app as easily what robinhood was able to do and what paypal will be able to do will be very interesting as well. >> it's just like electric cars. you are going up against companies like gm that have huge balance sheets cash flow issues they've got all these legacy assets versus starting new, starting fresh, starting light paypal may be abl

stoing me stephanie link, josh brown, jim lebenthal the jon najarian let's check stocks dow and s&p hitting record highs. i mentioned tom lee. sim bee yotic notes from them today. definitely on the same page. jim lebenthal it's about risk-on. you're on that page too because you say it's all in on risk. and that's where you are >> yeah, you know, i feel like a broken record and hate to be boring on the show repeating myself but same as last week >> too late >> you look at the macroenvironment and you say you have profits coming in better than expected. there is some pull forward from next year but not a lot. you have a supportive fed. they go whenever they go if liftoff is the end of 2022 more than a year ago i'm not worried about that you have infrastructure looks like it's coming it's hard to did he rail that at this point in time you've got the economy reopening, jobs being created. and, you know, this is exactly what i said last week and sorry about that, but i just find if hard to paint the bear case. >> why are you apologizing for having conviction on your view why are you apologizing

jenny harrington, josh brown, steve weiss and jon najarian, the co-founder of market rebellion.com. good to see everybody today. let's check the markets. stocks are mixed the dow lower by let's call it 100 or so, thereabouts, s&p a from a fractional winner nasdaq higher than expected. inflation read higher than expected not far away 25 points on the s&p, 44.74 and change is the number you need to watch today what what li what are you watching today what's most important to you do you think? >> i'd say -- i keep thinking about the rotation that we've seen the last year, and what -- what i keep maybe not what i'm watching but thinking about is this return to normal. as we return to normal it's hard to make money, right and when you just said double in the last year, that means it was really really easy to make money the past 12 months really for the past 14 months and that's getting harder. i'm watching things like the strategist reports where they say, hey, we think we'll have a 4% return in 2023 or up 7% from here who knows if they're right or wrong. but are they directionally corre

joining me for the hour today shannon saccocia deegz wright kevin o'leary and jon najarian good to see everybody on this friday we begin with stocks getting a lift off the better than expected jobs report, rates as you know are on the move a number of sectors are as well. the dow hits a new intraday high i wonder if this is a game changer for thinking about the market, whether it means rates definitively bottomed, certain sectors like tech are on the outs, whether the reflation trade is back in, and whether it moves up the taper are you thinking about those things today >> i think virtually everybody on wall street is thinking about those things today, scott. yes is the answer to that, because it was a great jobs report is it also was a nice revision to the june jobs report. and that had an immediate reaction like that in the bond market and we all know that we hit 1.12 and change for that 10-year on monday and that's which we saw some of the definite compression we saw. and since then we've been working our way back up and moving to 1.27 so that tells you, scott, that if we haven't se

does jon najarian still have any zinga options. >> i do not.like the company. the options i have have expired. i tend to stick to the time frame that the unusual activity is if i were to be in the gaming space, i would like roadblocks much better at this stage. >> last question for michael rob in california writes, a while back you recommended dicken son do you still recommend it? >> this has been one of my more frustrating names, only up about a her sent they face headwinds from materials, cost, freight a 10% discount to the group, 1 times earnings, 1% dividend growing those earnings at 11% and a good balance sheet i think in that space of health care it's a more defensive name. yes, i'm going to hold it. no, it hasn't been a fabulous stock so far >> final trades coming up on "halftime. thank you. that was fast! one call to usaa got her a tow, her claim paid... ...and even her grandpa's dog tags back. get a quote. sofi is a one-stop shop for your finances designed to work better together. save, spend, borrow, invest, and earn cash back rewards

think then you're just kind of chasing your own tail >> all right a case for being long the market jon najariancoverage coming up next >>> good morning stocks at record high as the senate approves a bipartisan infrastructure deal and democrats pass the framework for a $3.5 trillion reconciliation bill we'll take you live from washington. >>> a new regime for new york state. we'll tell you what governor cuomo's resignation means for businesses, taxpayers and wall street volatility in crypto helping the bottom line for coinbase shares trading higher now and we'll dig through the numbers and bring you an exclusive interview with the company's cfo. it is wednesday, august 11th, 2021 and "squawk box" begins right now. >>> good morning and welcome to "squawk box" here on cnbc. i'm melissa leah long with andrew ross sorkin and scott wapner and also joining us is "shark tank's" kevin o'leary who is the host of cnbc's "money court. kevin, congratulations good to see you. >> welcome, mr. wonderful. >> do you actually -- >> very exciting. >> we'll get into "money court". >> are we going to have money figh

joining me for the hour today shannon saccocia deegz wright kevin o'leary and jon najarian good to see with stocks getting a lift off the better than expected jobs report, rates as you know are on the move a number of sectors are as well. the dow hits a new intraday high i wonder if this is a game changer for thinki

. >> jon najarian looking at the meme stocks, the chinese internet stocks which all, literally all almostit was a truly remarkable run jon, we appreciate you getting up early for us, buddy thank you very much. >> thank you >>> all right. with that another "worldwide exchange" is in the books. i'm off tomorrow, hosting the halftime show on friday, but futures, they are up once again. nasdaq above 15,000. we will see if the meme stocks, the tech stocks can continue their record run today as well futures, they are higher hope you have a great day wherever you are "squawk box" is next take care. your doctor gives you a prescription. let's get you on some antibiotics right away. you could have it brought right to your door, with free 1-to-2 day delivery from your local cvs... or same day if you need it sooner but at a time like this, aren't you glad you can also just swing by to pick it up? and get your questions answered. because peace of mind is something you just can't get in a cardboard box. that's healthier made easier. at cvs. every single day, we're all getting a little bit better. we'r

stoing me stephanie link, josh brown, jim lebenthal the jon najarian let's check stocks dow and s&p hitting i mentioned tom lee. sim bee yotic notes from them today. definitely on the same page. jim lebenthal it's about risk-on. you're on that page too

stephanie link, michael farr jon najarian co-founder of market rebellion.com and kate moorehead of thebal allocation team. let's check the markets. nasdaq hitting an all-time high reaching 15,000 for the first time ever. th

jenny harrington, josh brown, steve weiss and jon najarian, the co-founder of market rebellion.com.rybody today. let's check the markets. stocks are mixed the dow lower by let's call it 100 or so, thereabouts, s&p a from a fractional winner nasdaq higher than expected. inflation read higher than

meantime, jon najarian is the co-founder of market rebellion, joining us now because he too bought robinhood doc, what are you guys doing as i argued last week on the show, scott, these guys are truly a disrupter. you know, i know i got pushback from a couple of the other folks. but i think that's just misplaced. if you don't think these guys disrupted the brokerage industry by basically going to free and by not just gamifying -- because people point to that all the time gamification of trading. but any also have a pretty significant educational component, scott they have basically news clipping services about financial data that you can subscribe to i think over 33 million people have subscribed to the various educational things on robinhood. you know pete and i are all about education. well, these folks are not just gamblers they are trying to learn and in many cases doing better than a lot of traders not every one of them, of course but i think this is an absolute game changer cathie woods is right again. does that mean you scramble in and buy it like steven said? i don't think it's going

jon najarian let's check the markets. nasdaq a new high.ix days we are talking about the new target for the s&p from david kostin however, more action from the committee on robinhood that we want to get to first now that options trading open for business pete opened for business yesterday. and you got some action on today. tells.

jon najarian let's check the markets. nasdaq a new high. up five of the past six days we are talking about the new target for the s&p from david kostin however, more action from the committee on robinhood that we want to get to first now that options trading open for business pete opened for business yesterday. and you got some action on today. tell us. >> yeah, well i can tell you this the activity was unbelievably robust yesterday 325,000 contracts trading yesterday. obviously the stock, 172 million, well more than on the ipo closer to 100 million. a lot of very interesting activity coming in, scott. about 50/50 calls and puts but i think the most interesting part was the most active strike yesterday was the august 70s, now the august 70 calls traded $79,000 contracts alone yesterday. i've got done telling you 325,000 was the total. so you -- it gives you a little idea how busy this particular strike was they started low, early on in terms of the prices. that started to accelerate to the upside as the stock accelerated to the upside as we

will be there to do interviews and some of the -- your economic advisory team like kari firestone jon najarian, et cetera. we're superexcited about the event. we except the fact that doevd is going to be with us. and we are taking the protective measures necessary to keep people safe inside that environment. of course it will be well spaced and there will be lots of outdoor activities during that week >> pulling it off september 13th kicks off at the new extension on the javits center as well and i've heard a few of those speakers anthony scaramucci, thank you. good luck. >> thank you. >>> all right. let's move on to technology. because big tech, a big part of the record rally what's new and stocks go up because people want to buy them more than they want to sell them. and that's really been true lately lnlz to the data from bank of america showing nine straight weeks of inflows into technology shannon saccocia, i want to read you another stat, pulled out by the hard working halftime team this is bonkers. every 60 minutes in the markets global technology stocks increase $780 million in value $