next up is lockheed martin the stock got hammered during the meldown and then rebound and last week itmashed head first into the 200 day moving average and then pulled back but after a few days to regroup it surged up to $380 today. well, broke through that resistance and a bullish cross over, remember how important those are, right there reliable the strength index showing strong momentum. see that break out there and that is still not in overboard territory. the market itself is overboard, the entire s&p money flow stays positive. so we look at all of these rsi nice this has got everything going for it lang recommends buying lockheed martin but after breakout today i don't know if you'll get that. i've always liked lockheed martin but it doesn't have the growth that l3 harris or raytheon and finally northrup grumman. now that it is rebounding the stocks erased the bulk of the losses and down 10% from all-time highs uh-huh, that is too tight for me i want ones that are down a lot. the chart shows resilience take a look at this money flow it is been green the whole time. buying and sel

marillyn hewson is the ceo at lockheed martin. stay safe, marillyn. thank you. we'll be right back.a voice on the other end of the phone. a note to say you're on our mind. a willingness to come to you. the world and how we interact with each other is changing. but that will never change who we are at lexus. now, more than ever, you and your needs come first. find out what service options are available in your area at lexus.com/people first maria: welcome back. well, the looming risk of recession and how severe will it be, an alarming new survey reveals top business executives are bracing for a brutal fallout from covid-19, 60% of ceos anticipate a u-shaped recovery meaning an extended period of time between the recession and the upturn. only 22% predict a double dip recession, 41% of chief executives spoken to fear that their companies will not survive the pandemic at all. these are scary numbers here. we are expecting a severe recession, dagen mcdowell. but we don't know really how severe it will be. but we're talking about a second quarter that could be, what, 20, 30% contraction

she's still working for lockheed martin to this day and she has no intention of leaving. >> very impressive. it is interesting the experience of this group of women. it is different than in many other nasa centers. they were really colleagues with the men they worked with. that's not to say there weren't some bad things that happened, as there are in every workplace but what i found was that for the most part the men at j.p.l. did support this group of women and we see that in their early publications so even in the 1950's and 1960's, they were actually including the female computers on their publications and that was very rare for the time but it ended up making a big difference for their careers later on. >> i was wondering when the women were called engineers, did their jobs actually change or did their titles just change? >> their titles and salaries changed but their jobs really did not change. >> do you have any -- another question, meghann? >> right here. >> hi. so i actually majored in computer science. i have two degrees in computer science and i actually -- building on what she wa

sullivan: lockheed-martin. ckheed missiles and space corporation was the prime contractor and the integrator. susan: based where? dr. sullivan: in sunnyvale, california, and they had a contractor to make the big mirror and with other universities to do the scientific instruments and gyros came from another company. it was quite a cascade to get the pieces together but setting the architecture was lockheed's responsibility. verifying that their maintenance would work starting with choreography and getting more refined as time went forward. that was oh really led by lockheed martin. susan: so do you want to give credit to some of the players, who are some of the most important people that the rest of the public should know about? dr. sullivan: yeah, i think anyone who works close on hubble would tell you that the primary name is ron sheffield. he was in a second career. he finished his illustrious 30-year army career, was hired by lockheed and plunked on to the hubble program on day one. he and a small team stayed

union spring much almost all of the ones that will be on the line in defense with lockheed martin honeywell northrop grumman these are all the top of each company c.e.o.'s chairmans presidents raytheon general dynamics energy who had a tremendous success recently with energy over the weekend and finished with tremendous credit going to russia and saudi arabia. and it could be as much as 20000000 barrels a day a cut so that we can get rid of some of the tremendous excess oil that's been produced because of the fact that the virus just knocked out almost 50 percent of the business it's been an amazing achievement some people say one of the biggest oil deals ever made maybe the biggest 211 made the saying i didn't know that but we were involved in getting that done and it was very important we're going to save hundreds of thousands of jobs for our energy industry texas and north dakota oklahoma all of our different energy states it's great so we're very happy about it i want to thank everybody we had the it's called opec plus that's opec plus meaning some nations outside of opec and i also wan

my mother worked for lock heed when it was lockheed martin. at one point, probably 25 years ago, she was applying to jobs in the mechanical engineering field and she was told that there were two things wrong with her. her age and her sex. >> very interesting. this group of women is different than any other nasa sectors. they were colleagues with the men they worked with. we see that in their early publications. so even in the 1950s and '60s, there were actually including the female computers on their publications. and that was very, very rare. >> hi. so i actually majored in computer science. i have two degrees in computer science. in 2004 it was difficult to get jobs at that time. it was right after 9/11. they weren't hiring people like that. i don't know why but i think there may have been a bit of the softening of the economy. so that could be why. all right. any more questions? >> so the glass ceiling is this a national problem or an international? does the soviet union during this time period have the same problem? in terms of getting wom

in defence, we have lockheed martin, honeywell, northrop grumman, these are all the top of each companyof each company, ceos, chairman, presidents. general dynamics, energy and a tremendous success dynamics, energy and a tremendous success recently with energy over the weekend. it finished with a tremendous credit going to russia and saudi arabia and it could be as much as 20 million barrels a day we cut so that he get rid of some of the tremendous excess oil that has been produced because of the fact that the virusjust been produced because of the fact that the virus just knocked out almost 50% of the business was up is been amazing achievement supposedly will say was the biggest oil deals are made and may be the biggest ordeal ever made. i did not know that but we were involved in getting that but we were involved in getting that done and it was very important and we are going to save hundreds of thousands ofjobs for our and we are going to save hundreds of thousands of jobs for our energy industry. texas and north dakota, oklahoma, all of our different energy states, it's great. so w

defense contractor lockheed martin posted first-quarter estimates,at beat saying it is starting to feelavirus pandemic. in part, that has to do with the delays from suppliers. lockheed maintaining its full-year forecast. coca-cola posted better than in the first quarter, but says global volume declined by 25%. coke warns the impact on the second quarter will be material. it also says full-year results can't be estimated. buyers with some prime -- with subprime credit scores are putting their loans on hold. there has been a sharp drop-off in payments. to get through the pandemic, borrowers are shifting their financial priorities. that is your bloomberg business flash. alix: thanks so much. let's stay on the economy for a second because we are looking at record debt. congress already approved $2.3 trillion in emergency spending in just a few weeks, and more is certain to be on the way. the u.s. budget deficit may triple this year to push the federal debt to an estimated 107% of gdp. that would beat the previous record set during world war ii. even deficit hawks are hard to find today now

of companies reporting the first quarter numbers expected to show the initial impact netflix, lockheed martin and coca-cola all report later today. tensions turn to u.s. drug makers with eli lily and more reporting. as well as tesla, verizon and at&t expected to report. >>> netflix expected to see a boom in subscriptions. >> netflix shares up 35% year to date ahead of earnings coming tuesday afternoon. on expectations that the streaming giant will report a surge in subscriptions as lower churn as americans are sheltering in home and around the world. the key number is subscribers which analysts expect to be 1 million higher than forecast last quarter expected to grow 116%. on the company's earnings call, we are listening for guidance from the ceo, discussing price hikes and how much they plan to invest in content going forward. reporting for cnbc business news los angeles. >>> bringing in our next guest from vodafone. he says they've seen six months of growth in the last four weeks alone. we'll get into that as well. geoff will also join the conversation thank you for being with us. a major s

in defense, lockheed martin, honeywell, northrop grumman, off the top of each company, ceo's, raytheonsidents, general dynamics. energy, we had a tremendous success. over the weekend, it finished with tremendous credit going to itsia and saudi arabia, and could be as much as 20 million getels a day cut, so we can rid of some of the tremendous excess oil that has been produced because of the fact the virus knocked out almost 50% of the business. it has been an amazing achievement, people say one of the biggest oil deals made, some say the biggest ever made -- i did not know that. we were involved in getting that done. were going to save hundreds of thousands of jobs for the energy dakota,, texas, north oklahoma, all of our different energy states. it is great. we are happy about it. i want to thank everybody. it is called opec-plus, it is opec plus, meaning some nations outside of opec, and i also want to think the president of mexico, because he was terrific, showed great dexterity, flexibility getting the deal done. we want to thank him very much. on the energy front, exxon mobil , co

i bought lockheed martin in early april and rebounded well considering the recent earnings report, would you hold or take profits and reinvest >> i would absolutely hold the stock and on any dips buy more, actually they had a very good quarter, good guidance. a book to bill of one. mar generals have upside very good visibility insulated from the pandemic. this is a name to own. >> all right from dave in boston, massachusetts, jim, you often speak of portfolio management an trimming don't you feel like this philosophy erodes profits? shouldn't we just buy and hold >> hey, dave, sometimes the stocks in a portfolio that underperform you want to add to them if the thesis didn't change and find capital with which to do that. that's why i trim winners. your question is a good one. the secret is not too often. you have to let the winners run an then use them as a source of capital for the withins that underperformed. >> pete, jimmy of tampa, is canada goose a buy at these levels >> i own it. trading a forward of 21 times. very inexpensive premier brand and plenty of upside downside's been seen.

in defense we have lockheed martin, honeywell, northrop grumman, ceos, chairmen, presidents. raytheon, energy. we had a tremendous conference with energy over the weekend with credit going to russia and saudi arabia and could be as much as 20 million barrels a day, a cut. so we can get rid of some of the tremendous ex-set ocess oil tha been produced because the virus just knocked out almost 50% of the business. an amazing achievement. maybe the biggest oil deal ever made people are saying. i didn't know that. we were involved in getting that done. we are going to save hundreds of thousands of jobs for our energy industry, texas, oklahoma, north dakota, all of our different energy states. we are happy about that and i want to thank everybody. it's called opec-plus meaning some nations outside of opec. i also want to thank the president of mexico because he was terrific. showed great dexterity and flexibility in getting the deal done. on the energy front, exxonmobil, continental resources, chevron, alabama power, conoco, phillips, o occidental petroleum and a few others. financ

in defense we have lockheed martin, honeywell, northrop grumman, these are all the top of each company. ceos, chairman and presidents. raytheon general dynamics. energy, we had a tremendous success. and that's russia and saudi arabia, and we can get rid of some of the tremendous excess oil that has been produced because of the fact of the virus just knocked out almost 50% of the business. and but we were involved in getting that done and it was very important and we will save hundreds of thousands of jobs for energy industry. texas and oklahoma and all of our different energy states, it's great. it's called opec plus. that's opec plus, meaning some nations outside of opec. i also want to think the president of mexico, because he was terrific. he showed great dexterity and flexibility and getting the deal done and we want to thank you very much. on the energy front, we had exxonmobil, continental resources, chevron, southern company, conocophillips, kinder morgan, test corporation, pro group and a few others. financial services we have blackstone, stephen schwartzman, paulson and compan

big names include coca-cola, lockheed martin, philip morris and travelers this morning. after the bell attention turning to streaming giant netflix. we will anticipate what the numbers will be. president trump saying he will sign executive order temporarily suspending immigration as part of the war against the coronavirus pandemic. getting america back to work, georgia's governor announcing businesses can reopen this week. other states including south carolina and tennessee also starting to ease restrictions. meanwhile battle over additional coronavirus aid continues on capitol hill this morning. businesses are waiting for the much-needed funds to become available. senate likely to vote today. the house tomorrow. banks are warning that the proposed amounts could run out in days. plus questions rolling about kim jong un and his health after reports of a heart prejudice. mornings with maria begins now. let's check global markets right here. european indices down across the forty, ftse down 92, cac quarante in paris down 100 points and dax index lower by 250 this morning. g

in defense we have lockheed martin, honeywell, northrop grumman. these are all the top of each companies, ceos, chairmans, presidents. raytheon, general dynamics. energy, we had a tremendous success recently with energy over the weekend. that it finished with tremendous credit going to russia and saudi arabia and it could be as much as 20 million barrels a day of a cut. so we can get rid of some of the tremendous excess oil that that's been produced because of the fact the virus knocked out almost 50% of the business. it has been an amazing achievement. some people say one of the biggest oil deals ever made, maybe the biggest oil deal ever made, they're saying. i didn't know that we were involved getting that done. it is very important. we'll save hundreds of thousands of jobs for our energy industry, texas, north dakota, oklahoma, all the different energy states. it isit is great. it is called opec plus. that is opec plus, meaning some nations outside of opec. around i also want to thank the president of mexico because he was, he was terrific. sho

in defense, we have lockheed martin, honeywell, northrop grumman, the top of each company, ceo's, raytheon, general dynamics. energy, we had tremendous success recently with energy over the weekend. we finished with tremendous credit going to russia and saudi arabia, and it could be as much as 20 million barrels a day of cuts, so we can get rid of some of the tremendous excess oil that's been produced because of the fact the virus knocked out almost 50% of the business. it has been an amazing achievement, some people say one of the biggest oil deals ever made, maybe the biggest. i didn't know that. but we were involved, and it was very important. we will save hundreds of thousands of jobs for our energy industry, texas and north dakota, oklahoma, all our energy states. so we are very happy. i want to thank everybody. opec-plus, that's opec-plus, meaning some nations outside of opec. i also want to thank the president of mexico. he was terrific. he showed great dexterity and flexibility in getting the deal done. we thank him very much. on the energy front, we had exxon mobil, continental re

in defense, we have lockheed martin, honeywell, northrop grumman, these are all the top of each country's ceos, chairmans, presidents. raytheon, general dynamics, energy. we had a tremendous success recently with energy over the weekend. it finished with tremendous credit going to russia and saudi arabia and it could be as much as 20 million barrels a day a cut. so that we can get ready of some of the tremendous excess oil that has been produced because of the fact that the virus just knocked out almost 50% of the business. it's been an amazing achievement. some people say maybe the biggest oil deal ever made, they're saying. i didn't know that, but we were involved in getting that done, and it was very important. we're going to save hundreds of thousands of jobs for our energy industry, texas and north dakota, oklahoma, all of our different energy states. it's great. so we're very happy about it. i want to thank everybody. we had the -- it's called opec plus. that's opec plus, meaning some nations outside of opec. and i also want to thank the president of mexico, because he was terrific.

goldman points to regeneron, facebook, nvidia and lockheed martin in the absence of any real earningsaditionally -- >> what has been working, not working will continue in that fashion for a while now. because the market is already kind of clung to those as abandoned bad balance sheets and exposure to you know in person ret retail it's a call to say more of the same and i don't know if we have enough information to know if we've been in this mode for a while or if it's going to be a brief period where we have this retrenchment and then the market going to shoot ahead and start giving efb a mulligan for the next two quarters and look towards a resurgence i'm not saying it's easy to handichand or the one or the other, but you have to know we're making a bet on the kind of environment we're going to be in if you stick with the strong ambulance sheets. >> that call would have been the one to make a few weeks back maybe it will still be right, but certainly r already p performing in that way over the last couple of weeks now apple reportedly delaying production of new iphone models. josh ha

lockheed martin. good cash flow nothing to do with the situation.oca-cola, that did have something to do with the situation. that hurt the market ibm said some things they dropped the bomb on the call when i did my interview with the ceo look the business got bad at the end of the quarter darden did a big equity offering it could work. some stocks are down too much. other stocks are very exciting here then there's this huge percentage of companies that just don't do well in these environments and then there's the oil stocks which are in a quandry because the financial markets are driving down much quicker. not unlike the retail terrifies financial market and, of course, the covid market are driving the retailers down to the point where macy's is looking for 5 billion. there are two markets here you got that retail chart up now. those are the ones first ones are the ones that have finance second ones with the exception of home depot need the finance if you have a great balance sheet like chipotle this is your time it is just a great time. but it happ