we'll transition to facebook in a moment, jonathan hoenig. pick up your thoughts before i cut you off, thoughts on microsoft. >> connell, very briefly. positive to hit the stock up even on a beat. one of the things we're seeing continue tradition, whether intel, whether apple today, good earnings news, the stock moving higher. so it is going against what i know a lot of traders anticipated, by the rumor, sell the fact. the fact they're powering up to even new all-time highs suggests as the panel previously talked about, the bull market is intact. connell: what about the growth? in terms of execution, adam, growth does come -- kristina alluded to linkedin. microsoft bought a couple years ago. this cloud business has been quite a juggernaut, right? competing with amazon. >> as you look at microsoft, think about things going on with this infectious disease in china, or 3m having a bad quarter because of concerns about industrial economy, none of that matters, microsoft is sitting on this trend right now of companies everywhere saying we've got t

jonathan hoenig, market watcher, joins us now and the rule i always learned jonathan is when you got a bull market in full run, you get out of the way. what do you say? >> let your winners run and these thousand point increments stuart we'll have to start looking at 5,000 point increments. one percent now on the dow at 29,000 we're talking about nearly 300 points so we'll be seeing numbers get bigger and more of these thousand-point milestones achieved and i don't think you fight it, trends tend to persist in the marketplace and this bull market is still in the way. look at yesterday over 250 new 52-week highs only about 20 new 52-week lows so the trend remains up but the question is stuart is it a little too over bought? oftentimes you'll see a market go back down and it's 200-day moving average that means a 9% drop in the s&p 500 so we've come a long wayment doesn't mean the market can't reverse but i think the bull market trend for stocks is still on. stuart: the bull market trend for stocks is still on. who would have thought after 10 years whatever it is that we would be saying

jonathan hoenig, from capitalist pig hedge fund. he is obviously a royalist. you have to run everything by the queen? >> they want out of the crown. this is spin on brexit. this is royal family saying they're out of here. i applaud them. they are two young individuals, they don't want to be beholden to the tribe, the crown, british people. i applaud the move by megan and mare l harry to extricate themselves from the british people and megan is accomplished actress. harry knows what he is doing coming to business. i think this is terrific move. this could spell eventually end of crown writ large. britain's newfound independence, maybe they should pick this up from the generation from the royals. melissa: i want to see details being financially independent. this is long line of people who live off inheritance of various lands. being independent, they live off the queen's billions rather than taking taxpayer dollars maybe. i don't understand why any of them get taxpayer dollars in the first place, isn't the queen the richest woman? all very -- >> melissa. sounds

jonathan hoenig, a fox business contributor is here. happy new year. >> great to be with you.ible bull run for markets over the last 10 years. everyone is wondering if the momentum can continue. >> look at the first trading day of new year, it seems to be -- as you said, the trend is your friend. that wall of worry that stocks climbed in 2019, everything from trade to issues in the middle east, that's still there. what happened in 2019. the u.s. essentially became a safe haven, those big blue chips like apple up 85%, or microsoft, also killing it in 2019. those two stocks accounted for about 15% of the entire indices gain in 2019. i expect those trends will continue. one of the positive things we saw, cheryl, was the rally in fact broadened out as the year continued and fourth quarter you saw banks, you saw health insurance companies and health providers do real well as well. the trend is up. i don't think you should be fearless in 2020. i think it's a good time to get your financial house in order. we're due for a correction. by all stretches of the imagination, the rally is

jonathan hoenig, with us now. so, jonathan, is it a buy at these levels? >> it is pair roll big, deirdre, you have to cautious of any stock. the story about tesla is pretty amazing. this is a growth stock in a growth market. why the stock more than doubled since october. you mentioned its size. it is quite stunning. tesla is bigger by market cap any other car company except for toyota. toyota has been around over 83 years. tesla is being valued now like a technology company and that is why it has only gone up. we're in a tech market and this is a tech driven stock. deirdre: the october move you alluded to was related to the surprise profitability which most people didn't think tesla would pull off but it did but also a very, very volatile stock. let me ask you about something, jonathan, a little less volatile which is apple. by far last year's superstar, up 100%. the company may be releasing a new low cost phone in march, as early as march. some predicting it could cost about 399. currently we know those who follow apple, the current 64 gigabyte iphone 8 s

bulls and bears" thank you for joining us, happy new year, i am david david asman, joining me, jonathan hoenig, kevin oleary, kristina partsinevelos and john bernet, we had to baghdad with trey on the latest. reporter: good afternoon. a lot of new tension here in baghdad after 3 rockets were fired into 1 the green zone last night, everyone waiting to see what tonight will bring. funerals got underway in tehran for soleimani, the man who was killed outside of baghdad initial friday morning -- baghdad international airport friday morning, many vowing to respond, calling on government and regime to take decisive action again the u.s. we heard from the daughters of soleimani, who made a direct threat against americans. listen to what she had to say. >> families of the american soldiers in western asia have witnessed america's humiliation. and will spend their days waiting for death of their children. reporter: today we saw iraqi prime minister meet with the u.s. ambassador to iraq they were discussing issue of american troops on the ground in iraqi territory, more than 5,000 american servicemember

"bulls and bears," thank you for joining us, i am david asman, joining me today, caroll roth, jonathan hoenig, capri caforio and john burnett. >> we'll be able to process usmca here in senate this week. that is good news, something i think we have broad bipartisan agreement on. with regard to impeachment, our understanding is that and i thinkure understanding is, well the house is likely typhoon alley send -- finally send articles on us it were that would set us up to begin the actual trial next tuesday. >> that was senator majority leader mitch mcconnell, joining us now, indiana republican senator mike braun. and senator, you voted in two committees today to push through usmca. will the big trade deal pass the senate and be signed into law before impeachment trial tuesday? >> leader mcconnell is the master of scheduling stuff in a tight time frame. sad that we have to do all this within the process of a couple of days we've been, this could have been across the finish like last year, but it is so important farmers, and state like indiana, agriculture a big deal, number one manufacturing stat

let's bring in jonathan hoenig from capitalist pig hedge fund, also a fox news contributor. than, i did my part. i was all over target for christmas. we had mostly toys and electronics. to me i was wondering was this about expectations? >> that is exactly, liz. this was not a major problem at target. they missed their own internal expectations. think when this was, november, december, 2019, the trade war was really waging, a lot of families were cutting back on their own purchases. it didn't stop target's stock last year. it was up 100%. today's drop of 5% has to be seen in that context. target has done a a master if you recall job but also in location. they're beating amazon and costco as well. melissa: online game is killing it. probably an opportunity here with this pullback. meanwhile in some successful company news, disney plus pulling in 41 million subscribers since the launch in november. this is according to a new report. the number is a quarter of netflix entire subscriber audience. wow. jonathan, that's staggering. >> yeah, it is. this is in effect what the aol-time

we ask fox business contributor, jonathan hoenig. how much of a threat, jonathan?mocrats historically have been very anti-market. they see government as really a central player in education, in energy, in healthcare. so it really depends how much this rhetoric turns into legislation. when it comes to impeachment, that's a lot of theatrics, has no impact on the market. historically, the clinton impeachment was very good for markets. the nixon impeachment was very bad. when it comes to legislation at large, democrats have been anti-market and anti--- lauren: if you say i'm going to pay for the free stuff by taxing the rich and that comes up short, you're going to tax the middle class eventually, that's how a lot of voters might see it. bank of america did a survey, and they found the election, the 2020 l election politics was the biggest risk to the markets. now a that th that the trade wah china is what over, phase one is signed, sealed and deliver, however, can you make the argument if it's all about politics that the potential trade war right now brewing with euro

jonathan hoenig with us now, managing member at capitalistdig.com and fox business contributor. thanks for being here. the earnings season so far i would say net-net looks pretty good. what is your take? >> i mean, so far it has been rational. we're seeing companies that are doing very well, tesla, for example. others, facebook where there's issue with spending, it's dropping. amazon has beaten earnings estimates 75% of the time over the last two years. in the last couple weeks, a lot of the earnings estimates for amazon had been rising. this is going to be a real tell for the market after the bell today. we're going to be watching everything from its prime adoption, about 5 million new prime members signed up in the fourth quarter during the holiday season, new products like echo and kin del an -- kine and some of the shipping initiatives. those services have quadrupled. that could worry investors. they're spending a heck of a lot of money building out services. margins are starting to compress, this could affect amazon. all eyes will be on the stock. deirdre: i like that you a

"bulls and bears," thank you for joining us, i am david asman, joining me today, caroll roth, jonathan hoenige'll be able to process usmca here in s t

jonathan hoenig rules, 123 you're supposed to use different passwords.nternet reuse or modify a new password. >> my new password, the new york giants hired a terrible coach for next year 123. connell: very timeless. speaking of things on a lighter note, this is one of them. everybody talks about the video of elon musk today. the happy dance i guess we're calling it? ceo of tesla and he gets the first consumer car deliveries from tesla's chinese manufacturing plant in shanghai. he does this dance. first of all -- melissa: i think he is having a stroke. connell: that's right. i was going to say stealing some of gary k.'s high school moves which are patented of course. we might have a patent infringement case on our hands but you know what this guy knows how to do, gary? generate free publicity. melissa: that's true. connell: commercials. here we are talking about it. we're guilty as charged. >> here is the problem with me talking about this. my dancing makes him look like fred astaire. connell: very good. >> i'm like elaine from "seinfeld." that is how bad

market watcher jonathan hoenig with us. than, these events like this virus tend to be short-lived in terms of their impact on our market. what do you say? >> on our market, yes, but you have to be seriously concerned if you are in china or investing in chinese stocks. look, the good news is that these horrible types of whether it's sars or coronavirus, they tend to happen in third world countries. frankly, as gordon alluded to, in less capitalist countries. america, keep in mind we invented hand sanitizer so this isn't going to affect our markets as much as it's going to affect those emerging markets, places where this will spread and spread quickly. in fact, it could even help some american companies, a lot of those small scale and small cap virus manufacturers have shot up 40% and 50%, very small stocks, but they are already reacting on anticipated need for a virus to solve this issue. stuart: hold on a second. i will deal with a couple earnings reports and the impact on their stocks. first of all, american express. they r

market watcher jonathan hoenig joins us now. jonathan, futures were up 40, 50 points, then we got this huge surge in housing starts. that looks to me like a primary factor in today's rally. what do you say? >> bull markets beget more bull markets, stuart. the trend is up and as we have been saying for weeks now, i don't think you want to fight the tape right now. two people buy the bottom and sell the top and they are both liars so don't make that your goal here. this is an opportunity to focus on your own portfolio. we don't know how high the stock market will go. instead of worrying about that or trying to pick that top, look at your position. if you have a position that's going to be 15%, 20% of your portfolio, great opportunity to set stops below the market but don't sell a stock because the market is up because as we demonstrated, highs beget highs and the trend continues towards more highs. stuart: just hold on for a second, jonathan. i have more, i'm going to call this positive economic news from the federal reserve. what

market watcher jonathan hoenig with us now. obvious question, is this a temporary blip in the bull market, or a full-fledged rundown of stock prices? >> we don't know. why? because of the middle east. not because of superior u.s. companies like apple, like microsoft. look at all those 52-week highs yesterday. the trend is up for stocks. so don't panic. look, the middle east is a powder keg. iran has promised retaliation so there's an unknowable now war premium that is being baked into stocks. don't panic. look, the market isn't even down 1% at the open but now there's the potential for retaliation from iran and more retaliation for that retaliation from the u.s., it's clear there's going to be some impact on stocks moving forward. stuart: but look at the price of gold. it's at its highest level since september, up about 20 bucks this morning, reaching $1548 as we speak. the price of oil to an eight-month high, i believe we are at $63 a barrel. how do you invest, how do you play this market? >> i think you actually participate i

the first time, this is "bulls and bears," thank you for joining us, i am david asman, today jonathan he hoenig. and gary kaltbaum. >> there no better combination than massive liquidity, a ton of cash on the side line, an economy that is growing and earning that are starting to reaccelerate. bull markets feed on themselve as greed picks up, let me tell you, i am a big believer not in the dow but in nasdaq and technology. it is en few ego --en fuego . >> i believe it has been a while since we had pullbacks. the more that continues up and up the more likely there will be a period of time, it could be 4 or 3 days where you have a sharp sell-off based on something. other factor, gary knows, that when you have interest rates below 2% and a lot of cash looking for returns equity look treve, yield on s&p 500 alone. dividend is above yield on 10-year treasury. it may be more risky but have you potential of significant upside. we in a good position for the markets, they are not the real economy or what goes on in the beltway. david: there is a way that work together, last week, i said after we hit solei

jonathan hoenig, come in, please, market watcher. that's not what we have been hearing. i thought the economy didn't work for everybody, we were all down in the dumps and a rotten bunch of people to boot. >> no, no. people are satisfied, stuart. look, an 11-year bull market has a lot to do with it. the stock market tends to follow consumer confidence in a lot of these statistics but i think there's also a moral element going on here. look, for eight years under obama, we had a leader who was constantly apologizing for america. he literally went on an apology tour. there was a little bit of sense of guilt, little sense of just not feeling right about living and succeeding in america. i got a lot of problems with donald trump's positions on many policies but he doesn't apologize for this country and i think that's why so many americans are actually feeling the exuberance and feeling that optimism that the gallop poll refers to. stuart: left-hand side of the screen, i'm not sure you can see it, the markets are going to open lower. i take it this is because of virus fears. n