one of those bui builders are the one to ease the supply restraint i still look at dr horton and lennartes stay low, i think housing works. >>> is this the new energy trade? >> and later, one of the worst performing sectors, is that about to change? why banks may be the best bet right now. as business moves forward, we're all changing the way things get done. like how we redefine collaboration... how we come up with new ways to serve our customers... and deliver our products. but no matter how things change, one thing never will... you can rely on the people and the network of at&t... to help keep your business connected. united states can't easily get to a doctor or afford the treatment they need. that's why goodrx has built a leading consumer-focused digital healthcare platform. we wanted to make shopping for healthcare as easy as it is to shop for travel or electronics. as a public company, we hope to provide even more services that help people get the healthcare they need at a price they can afford. if you're concerned about the environment and climate change, how do you find compan

we have seen a stock like lennar which i have been in and out of at 20% i don't think it will kill the housing trade. covid is creating the housing boom everyone is moving out of city areas. not enough housing out there there are multiple dynamics that have created the housing boom, but it is not singularly based on rates anymore by the way, i am going to drop that school. i am going to say put on my mit hat, but it's jeff mills' hat. >> even though you have no tie to mit >> what is the point of going there if i can't talk about it >> we are following a developing story in the after hour session in the race for a covid vaccine. details next >> it was a big afternoon about covid vaccines both as zen ka and johnson and johnson said their vaccine trials are resuming in the united states. they had been put on hold. going back to september after some events in the trial, they said the fda reviewed all data and said it is safe to resume the trial. they said they expect the trial later this year. the company is saying it's ready to resume recruitment in the united states and that's after inde

some of the names i like postelection are starbucks, lennar, apple.he time is right to buy boeing and i like tesla. lex 12 months post election will be strong for the equity markets. investors are not realizing how good the economy is going because we've been so distracted by elections and this stimulus. it will soon all be past us. charles: on your lennar, the home starts permits, you might read somewhere they missed. go to single family. single family permits up 7.8% month over month, 24% year-over-year. startups, up 8 1/2% month over month, 23% year-over-year. dani, are you buying strong consumer carrying the day next year? >> the consumer is everything, charles. the consumer is 70% of the gdp. the consumer has driven the market the last 10 years. absolutely you have to buy that trend. retail sales have changed dramatically as we've seen. we've gone entirely thinking to digital. not just digital by way of buying and consuming but also in terms of your experience. you know you want more from consumer goods. you want more from the brands that you're

a bright and sunny start in these areas but the showers will be as an lennar.eratures will respond to that sunshine, getting higher than today for most and feeling less cold. that ridge high pressure is a transient feature. by the end of sunday and through sunday night on monday, we are already seeing the next atlantic low pressure, its weather fronts and rain. clearing up through the morning on monday in northern ireland the showers following and then the rain reaches all parts. we could see ten to 15 millimetres of rain falling from that weather front and we have got the north—west breeze and the cloud and rain to go ethic. the rest of the week, the risk of rain in the west. tune in for weather forecasts. this is bbc news with the latest headlines: mayors in the north of england say the chancellor's coronavirus financial help package doesn't go far enough, and call for additional support. the conclusion we have reached is that this package is insufficient to protect our communities. as we go into the rest of the autumn and the winter. boris johnson will annou

this is a 30-year chart of lennar that was did rocket ship.he last couple weeks has this started to break out above the '75 level. i think this can be a leader for a long time. and williams-sonoma, wsm is a name you want to own in the home retail space another stock in the fair market since 2015 that fair market is over notice the bottom panel of this chart. you are being paid to own this stock relative the index we like this you have a home, home retailer, you need a place to sleep in so you about sealy. notice it has already broken out in relative terms versus the sapp s&p. i think housing tactically is another strong way to play this. >> chris, great to see you thank you. >> which of these picks do you like >> i am going to go with other i don't want to echo the other two guys here. i still like fortune brands. i think it also is a way of playing the housing sector in a derivative type of way, or defini derivation thereof i think you will continue to see people deploy capital in upkeep of their homes and that's how i would be playing it. >>

. >> lennar is one of those housing stocks apple, microsoft, amazon, alphab alphabet, facebook it obviously way that those stocks have moved certainly early on in the year for the most part of the year they are off a fairly decent amount from their highs do you worry at all about this move higher in rates and that trade falling in any way, shape or form out of favor? >> not too much. i think if we get a move in rates, it probably means the economy's getting better, right? so that probably bodes well for those companies and we do have berkshire as a large holding, pepsi's a large holding. so it's not like we are -- and we own two of the major banks, bank of america and jpmorgan so we try to have a pretty diverse portfolio that can maybe do well under all kinds of weather, if you would. >> what's your most recent buy >> most recent -- i can tell you probably most recent like four buys pinterest we added three or four months ago, green brick partners in the housing area, pfizer and k.b. homes probably two or three months ago >> playing a lot of the themes that have been working, as you said >>

job employment continues to come back >> so some of the names are names we talk about a lot like lennarractor supply who else do you think? >> those are names ranked attractably and there's a huge debate on whether you want to be growth or be in the value space. we think you want to be right in the middle right now that will allow investors to benefit from companies and good fundamentals, but still acknowledge that valuations have become extreme for some of the better companies so beyond there, again, those sectors, household durable, even travel companies look attractive covid remains an overhanging issue there. i think housing specifically can continue to do really well even a company like home depot fits that mold anything in the specialty retail space does well, looks attractive again, it's all about this idea of consumers having more money after they pay for their credit cards, their leases their rental, their mortgage and energy prices. in addition to food, all of those costs are historically at such low levels. i can't think of a time where we've had a recovery in employment and

it definitely takes a pause here, scott, given the reaction that we've seen from holders of pulti, lennar, d.r. holton, from the holders of those, whether they're institutions or individuals. i think they hit a pause and i think you switch back over to the suppliers of what goes into those homes. look at those numbers out of whirlpool, for instance, or any of the folks that basically make product that go into those homes that are being built, and/or the homes being rehabbed and so forth, scott buti don't think it's over, no with interest rates down here where they are if interest rates -- if the ten-year goes over 1 and goes to 120 or something, scott, and the 30 follows suit, different story. but if we stay below 1 for the ten-year, i think you're going to continue to see these stocks do well but i think this is profit taking right now after a very good performance. >> the other thing that's obviously worked, if we want to continue this theme of stay with what's working, anastasia, is this idea of staying in technology you're going to really get an indication next week about where this t

same for lennar.ome depot and home improvement ant mohawk industries, do flooring, all of the housing and building-related stocks, kelly, moving to the upside so interest rates a key focus. watch the housing data that's helping to propel that market to the green as we're seeing today i'll send things back over to you. >> yeah. leading us out of or through the recovery, we hope. dom, thank you very much. >>> investors are continuing to watch washington as the clock ticks on house speaker's pelosi's deadline to make a stimulus deal. moments ago, in fact, the house speaker says she has hope a deal could be reached by the end of today. despite all the back and forth we've seen though, markets which have been having a rough time with some of these headlines and generally don't have a great october in an election year, well, they are not doing so bad. the nasdaq is up about 4% this month. 3% for the s&p and 2.5% for the dow. my next guest thinks this market is due for a pause joining me is jeff crumpelman,

others that have been on a tear year to date like lennar and taylor morrison taking a hit today.uilder stocks are up pretty redramatically year to date thanks to the unexpected demand from the new stay-at-home and work from anywhere culture of the pandemic. we did get the september read on new home sales this morning and it was slightly lower than expect pedestrian but still up quite significantly from a year ago. one plus for the sector today, bond yields falling which correspond with mortgage rates, but rates have been low for so long it may not be enough to build builders back into the green today. kell >> diana, you answered my questions before i could even ask them i was going to say could lower rates take the sting out here of what looks like a pause after a strong run is anyone saying it could be more than that because i do remember that polty number, down 5% when we had the strong existing home sales report is the there something more than just kind of a pause going on here >> reporter: well, you have to remember that is some seasonality even though there's no seasonality

there's horton, there's lennar, even masako to the upside. guys, back to have. >> we'll take that one green spot today bob, thank you very much bob pisani. >>> look across the major averages, and you'll see the nasdaq is actually the worst performer today. let's drill down on that big steck no safe haven and stay-at-home winners like zoom are lower. dom chu has more. >> reporter: there's kind of that narrative in place right now, but look at technology, some would argue it is the most important sector to the overall market looking at the nasdaq composite, it is now down roughly 8% to 9% from the highs that we saw just over the course of the past couple of months as you can see there, if you take a look at some of the breakdown of what we're looking at in hot spots, recent bellwethers, take a look at cloud computing. one etf that tracks it is the ticker clou, the global ex-cloud etf. that particular move that you can see right here that right side is down 8% to 9% from recent highs. within that particular constituency, look at these -- these s

. >> go hammer nails for lennar? >> i know. a result aof things not being shown. >> we'll watch the mcconnell ckn mihelis,or more adne ba ia nute she wanted a roommate to help with the cooking. but she wanted someone who loves cats. so, we got griswalda. dinner's almost ready. but one thing we could both agree on was getting geico to help with our renters insurance. yeah, switching and saving was really easy! drink it all up. good! could have used a little salt. visit geico.com and see how easy saving on renters insurance can be. >>> dow gainers for the week, ibm, sales force, travelers and chevron, mcconnell says that although a package is needed, unlikely in the next three weeks. and with that, the dow has come a uch, back in a home. . >>> to jim and stock trading. >> maybe a winner for pfizer, lilly, keytruda with merck, they got a deal with a company that was known in seattle until the last day, it is now called cgen. they are a winner, they have very good breast cancer and other cancer drugs, so they decided to go worldwid