joining me today, stephanie link, amy raskin on set, we have jim leaventhal, and josh brown dow is good for about 87 1/3, we're in green across the board including the ten-year note yield. 291 is where we are today. josh, you have some josh moves we're going to get to those in a few minutes. don't do thebig reveal just yet. i think they're major, major-ish, i'll split the difference with you. i want to start with amy, though, really what jumped out to me in some of the pre-show notes, amy, and look, you've been, i think fair to say one of the more cautious investors we've had on the show in the last six months or so. you are less so today, right i'm less bearish than i was in january is what you told our producers, why >> a lot of bad news has been priced in. we were cautious coming into the year at the beginning of the year, there were only three 25-bit fed hikes priced into the markets. people were still in the transitory camp. we thought inflation would be more double, but now everybody i talk to is bearish and the market's down 20%. and at one point a few weeks ago, we had gotten to

josh brown, let's quick it with alphabet, which you own. ad spending slowdown tiktok competition to youtube. got to watch that. what are you watching most >> alphabet is down 7.5%, just since snap had its disastrous report so the market is very quickly pricing in just this idea that things are tougher than they've been, overall in ad spend. and the thing about alphabet and meta and i said this yesterday, is that they have now gotten so big that there is no longer a secular growth story that works without a cyclical growth story for really the global advertising business it's just too much of the market for them to skate while everyone else feels the pressure. i think that's been reflected in the multiples for these stocks i don't think they have been priced the way that growth stocks historically have been priced i think they're now seen more as a proxy for the overall macro. and that's not as much fun as it used to be however, in the case of alphabet, it's not an expensive stock. it really hasn't been for a long time very reasonable multip

hope you'll join me in a few hours' time from now before we get to "final trades," congrats to josh brownhe 50 top growing financial advise have i firms by smart asset. josh's firm coming in number four on that list. congrats what are you trying to build ultimately >> i think we want to be the most respected wealth management firm in the whole i.r.a. industry we talk about that on a repeated basis. size is good, speed is good. i think we want to just feel that esteem and everybody -- we have 54 people here and that's what everybody thinks about when they wake up, how can they help us toward that goal. it's been an amazing ride. i love what i do so much >> all right we can tell. number four on the top 50 list give me a final trade while i have you >> invitation homes. a solid read it's a play on higher rent, and i agree with jim, that is coming >> it's already now. i hope it doesn't get too much worse for sure jason snipe? >> i like watsco, heating and ventilation business broke through its 50 day, a statistical uptrend. i like it here >> okay. brenda >> abbott labs a stock that's underper

so josh brown, you own this going into earnings.alk about this from where it was to where it is it's awfully different to have a stock where it's trading now versus 700 where it was within the last 52 weeks. at 185, how do you assess this year going into the number next week >> so i -- if i do not think they're going to have a great quarter or anything great to say about, you know, new subscribers so nobody should be invested in the stock thinking the decline they've been seeing in the core business is fixed or over or fully priced in. however, there is a lot of skepticism in the technology community about their motives, like why all of a sudden ad supported, they're desperate i don't really see it that way but i do think there's a huge opportunity here if they get it right. and when you talk to the people at big streaming companies that already have ad supported tiers you get a sense of what the potential might be netflix has 221 million paying subscribers, okay, say a very, very weak number they can add a million subs a quarter or

josh brown and stephanie link with me on set let's check the markets. we have a good day going on wall street dow is good for 500 points over 31.5. 3900, a hill above for the s&p nasdaq tack, 2.6%. russell, better than 3% gain today. small caps are above the 50-day moving average which it has not crossed above since june 7th they, josh brown, are on pace for the best month mid caps are rallying. transports are rallying. tech is rallying are your sentiments rallying from where they have been? >> i think we really want to take a little bit of a pause before about we look at the bigger story the rubber is going to meet the road for the s&p 500 beginning next week. this is when you are going to hear from a lot of market cap and tech and consumer discretionary. i think it's not going to be the reports themselves but the reaction to those reports that will be most important a lot of bad news is priced into large cap growth companies that are down 20%, 25% in some cases, 30%. so it may be suffer. we may have got to negative. maybe the pendulum has swung too fa

act elon musk, breaking tornadic's deal to buy twitter -- along with josh brown, going to bring you liverage throughout the next hour. josh, got you right

joined me for the hour today, josh brown, steve white.ket rebellion right here on set. let's check the market. is 12 noon in the east. see where we are. pretty much of the highs as carl said of the day. positive day today would tie the current s&p 500 wi

takes to bring inflation down even if that means slowing the economy joining us now to discuss, josh brown

slowdown in economic growth, neither of the above conditions are present today i'm now joined by josh brown i want to toss this over to you, josh agree or disagree with jonathan gallup. >> it's vsemantics. is the recession this year or 2023 not particularly important for investors. and b, is it a severe recession or is it a shallow recession or is it not a recession at all these don't really matter. what actually matters is what ends up happening with your portfolio. and the reality is we've had recessions where the fed was very aggressively fighting inflation. and those recessions have not been terrible for your stock portfolio. and a lot of the reason for why statistically that's the case is because markets do the hard work on the way into the recession. let's look at the last two times we had a recession during that process of the fed fighting very aggressively the first version of that is january, 1980, to july, 1980 short, shallow recession stocks went up 14% during that recession and another 12% over the following year the next year, again, statistical recession july, '81, into novemb

in just a little bit live to ritholtz wealth management josh brown on what investors should do now after blistering inflation report and when earnings kick off in literally a matter of hours. we begin with our talk of the tape is the unthinkable really possible could the fed actually hike interest rates by 100 basis points at their next meeting in just a couple of weeks the market is now betting on it

tonight, do not miss the special taking stocks with frank holland and josh brown.stions or of course you can tweet us. we will be right back after this. of...this. this is the planning effect. >> i said you own the stock and we talked about this before. still in no man's land. maybe an advancement on the story. what is your take care? >> there is a great potential that has never been realized. there about 66 percent. the idea is once we take over and fix that problem -- when i look at companies it's hard going to facebook data. this platform only services wide brands. that's the biggest part of the market. free speech, i've always been an advocate of that. it's a constant issue. they are rotating and it has been a miserable place to be. i want him to buy it. i don't care if he drops the price. or he's never going to get what he wants. he will have to get the actual addresses, sell the email addresses. they're not going to get that because they will be disposing of privacy. i will buy it for 30 or i will litigate you until the cows come home. pick one. >> why should

have the stock moves, the analysis and of course everything you need to know up to the minute, josh brown with a big portfolio move of his. you do not want to miss that one.

adam parker will be along with me and josh brown.es. >> one of my mentors who is a brilliant international investor told me one bests against the u.s. at one's own peril. so i'll extrapolate that saying that one bets against the consumer at one's peril. foot locker trades at six times earnings >> and rob >> vertex pharmaceuticals, we like health care it is the cheapest of the defensives vertex is a high quality phrma name with great growth and profitability profile that is attractive and pipeline is incredibly robust. a little expensive to the sector, but we still like it >> and joe, what have you got. >> second derivative trade on recovery, equities market and blackrock is the name i would buy. >> lori fink owill be on mad money tonight with jim cramer. don't miss it later. that does it for us. and i'll see you in overtime with the tesla numbers >>> hoi, everybody a familiar refrain lately, the nasdaq leading today's rally in fact the dow is negative while the nasdaq is up 1.5%. so is tech the place to be one of our guests says yes

joining me today, stephanie link, amy raskin on set, we have jim leaventhal, and josh brown dow is good7 1/3, we're in green across the board including the ten-year note yield. 291 is where we are today. josh, you have some josh moves

. >> josh brown. thank you very much. jim, farmer gem, nst semiconductors that's my final trade today. >> i will see all of you in a few hours for the big earnings that does it for us. "the exchange" is now. ♪ >> thank you very much, scott. hi, everybody. i'm kelly evans, and here's what's ahead walmart's core customer is under pressure jan niffin gave us the very warning on friday, and now the retail giant gave us its outlook sending the markets lower, at least mostly lower and it's not walmart. sholify is laying off workers. are there any retail winners actually, yeah, and we'll go through them big tech on deck the nasdaq leading the declines right now as microsoft and alphabet are set to report after the bell should you buy either right now? it's actually a yes for one of them says danielle shea who will make her case in a moment, and from lack of product to lack of labor. we check back in with one company that we first profiled during the pandemic. the ceo says job abandonment is now his biggest challenge, but, first,

i'll see you in a few hours on overtime, of course, along with josh brown, richard fisher as well we'llis likely to do, what it means to the markets see you in a few hours let's do some final trades brinn? >> i'm going to put this trade on later today, the xbi, the biotech sector, but i'm going to buy it, 83, a nice bottom around 65, but i'm going to sell the october 95 calls, collect around $3.60. plus the yield if it gets called away in october. >> the old cover calls correct? >> yep >>> jason, what do you got >> in this environment, i really like cvs, 12% free cash flow yield, almost a little over 2% dividend yield, a long-term growth rate. i think it makes sense. >> good stuff. good to see you as well. mike >> i love jason's cvs. i like disney as an investment, not a trade "thor love & thunder" 16% growth rate. i'm buying it. >> on a day when netflix has reiterated a sell at goldman >> amd and taiwan semi reports i think there's an asymmetric risk there >>> see you all tonight on "overtime. >>> thank you, scott hi, everybody. i'm kelly evans. welcome to "the exchange." inflation soa

we'll see if the investment committee agrees with that joining me for the hour brenda, jason, josh brownbenthal a check of the markets today it is the nasdaq that's green up by nearly 50 points there trying to get to a half of a percent gain pushing ever so closer to 12,000 on the nasdaq the dow is a touch n

joining me for the hour, josh brown, joe terranova, jenny harrington who are on set with me today it's0 noon in the east, see what we're doing on this first day of what is a very big and important week the dow is good right now for about 90 31,000, we're just below 32 on the dow. s&p belo

josh brown and stephanie link with me on set let's check the markets. a good day going on wall street dow is good for 500 points over 31.5. 3900, a hill above for the s&p nasdaq tack,

frank holland and josh brown breaking down the second half investing playbook that's tonight at 6:00cc.eronnb well would you look at that? ♪ ♪ jerry, you've got to see this. seen it. trust me, after 15 walks it gets a little old. i really should be retired by now. wish i'd invested when i had the chance... to the moon! [golf ball bounces off rover] unbelievable. ugh. [ding] (vo) while you may not be running an architectural firm, tending hives of honeybees, and mentoring a teenager — your life is just as unique. your raymond james financial advisor gets to know you, your passions, and the way you help others. so you can live your life. that's life well planned. a jelly bean that's good for you? try nature's bounty jelly bean vitamins. good-for-you nutrients in a tastier-for-you form. more sweet dreams. more flavorful immune support. get more with nature's bounty jelly beans. >>> huge down day for upstart. down 18.5% after a revenue warning. that is resulting in a lot of analysts' criticism. we'll share the details straight ahead. >>> plus health care rallying and investors loving lev

joined me for the hour today, josh brown, steve white. john and jerry, founders of market rebellion right here on set. let's check the market. is 12 noon in the east. see where we are. pretty much of the highs as carl said of the day. positive day today would tie the current s&p 500 winning streak for the longest of the year. you have the dow good for 257. we are watching yields too. the tenure is back above 3% and we are still holding onto stockings. that's interesting in and of itself. i guess our big question and i will go to you first, weiss, is whether the market is finally content on what's coming from the fed? or if it's simply kidding itself? you just had the atlanta fed gdp now go down to -0.19. so they revise that. the big questions about whether we are already in a recession. qt hasn't really gotten going and then they tell me my year before i come on the show that you just bought some cues. >> i did. i think the market is okay with it today. and some week. but my view is still that it's a treacherous market. as you pointed out

joining me for the hour, josh brown, joe terranova, jenny harrington who are on set with me today it's 12:00 noon in the east, see what we're doing on this first day of what is a very big and important week the dow is good right now for about 90 31,000, we're just below 32 on the dow. s&p below 4, 39.69 that's a marginal move to the upside nasdaq's a bit negative. 281 is the yield on the ten-year, 175 s&p companies, apple, alphabet, amazon, microsoft, and meta. i said the fed meeting got gdp, core pce. joe terranova, man, a lot is at stake. >> dizzying week >> did i overstate it? >> no, you did not. >> the week that decides everything it does in terms of the bounce, rally, whatever you are calling it these days. >> it's going to be curious on friday what's going to be the headline and the takeaway from the week i think it might be recession. i think that will be the word that everyone over the weekend is bantering about the three-month to a ten-year is going to invert. i've been talking about this it was 233 in may. got as low as 27 basis points, positive earlier this morning. i think

but with two on and two out josh smith over the shoulder, making an unbelievable catch, robin said brown of at least one run, possibly too, so we stayed tied 11 to 5, but the a's go back to back to back in the bottom of the ninth. sean murphy makes it 11 6, then chad pinder. just like that. where 11 7 and finally tony kemp a shot down the line right over the wall, and it's 11 to 8. the dugouts fired up. everyone's having a good time, but the a's would get no closer, seven straight unanswered runs. not enough rangers win at 11 to 8 the eiffel tower, and all of its glory means we are in paris for the final stage of late tour de france. lots of pomp and circumstance. but today's stage was really a mere formality in terms of the winner joonas ving gagarin, the yellow he's taking it easy with an insurmountable lead and victory in hand. as for the stage itself, plenty of drama that's jasper phillips and overtaking caleb ewan in the sprint to the finish, phillips and just too strong, he wins the stage. but as we said the story was 25 year old vinegar, who listen, this guy used to work in a fish

but with two on and two outs, josh smith makes the great over the shoulder catch to rob seth brown ofo we stay at 11 to 5, but the a's go back to back to back in the bottom of the ninth. sean murphy makes it 11 to 6. and then chad pinder, and it's 11 to 7. and finally tony kemp with the shot down the line to write and just like that, it is 11 to 8. the dugout is all fired up, but the a's would get no closer. seven straight unanswered runs. not enough rangers take it 11 to 87 new members inducted into the baseball hall of fame today. the headliner for this generation anyway, big papi david ortiz, who becomes the first designated hitter to be selected into cooperstown on his first ballot. over his 20 year career, ortiz hit 541 home runs. he was named to 10, all star games and in 2004. he forever endeared himself to the red sox fans by leading them to their first world series title. in 86 years . he won three titles in all in boston. ortiz is the fourth dominican born player to be enshrined into the hall of fame. american friends considered as an open invitation to visit my island that d

brown is smash brandon lowe can't handle it. everyone's safe. be my own machine scores one. nothing bottom seven two. nothing oakland machine popping into left josh but nick allen tags and scores. it made it three nothing oakland the play the game. no screaming liner and the ball kid dives and makes the catch. sign him up aswin 3-1 they've won three of their last four. let's kick it jeremy and boba see in the quakes still looking for their first road one of the season in portland. they've actually never beaten the timbers that providence park late first half benji kakanovich finishes one nil quakes at the half portland scored twice in the second take the lead dyron, aspria heads at home followed by a cartwheel and a backflip 2-1 timbers 89th minute espinoza nearly ties it but portland's keeper just gets his fingertips on it quakes fall 2-1. they remain windless on the road and let's go racing nhra nationals in sonoma this weekend three-time funny car champ robert hight. consider sonoma his home track since he spent so much time. there's a kid going for sonoma track record fourth straight win. he's the top seed going into sunday's finals after tha

sherrod brown who is focused on wages, jobs, pensions, fighting bad trade deals and reinvesting into the communities. joe manchin is 1,000 times better in the united states senate than another joshawley or ted cruz. so while we may have some disagreements, it's important to recognize that he's still a vote for a lot of the initiatives that are for working class people and we have our disagreements. the reality is i think senator manchin, when he talks about deficit reduction, we can't keep putting things on the credit card, those are important discussions for us to have. just because i'm a democrat -- we've got to balance the budge. we have deficits. even though they're coming down, these are long-term problems. just like the environment, we've got to steward the environment to the next generation. we can't put all this on the credit card and give it to the next generation. interest rates are going up. so if you're concerned about investing into programs that are important to lift people up and reinvest and help us outcompete china, there's going to be less of that money if we're paying huge interest rates on the debt that we've run up so this is a legitimate thing. i appreciate

brown rolls went down to first low can handle it and they score. run is up one. nothing little d in this one to match it with a foul pop up great effort by joshg the diving grab plenty of time for nick allen. oh, he'll tag up at third sac fly. he scores a swin again 31. they will go for the four games sweeper this afternoon. great catch, though. that catch though. tyler fire ferguson fire and now this. a wildfire near yosemite, forcing evacuations. it comes as fire crews are calling the blaze explosive as it grew even more overnight. also ahead. the global monkeypox outbreak represents a public health emergency of international concern. more than two years after the covid 19 pandemic began, the world health organization has declared monkeypox a global health emergency, plus thousands ofsans morning for the marathon. we are live along the green and across crissy field. from ktvu. fox two news this morning's onto and taking a live. look out this morning at sfo. you can see some of that fog over the hills there , but relatively clear. it s very good this morning, which is pretty good. if you're flying out of san francisco, you know that. sometim