> that's going to come back, i think that what really matters is that card growth, looking at lockheed martin. he didn't understand -- he didn't read the room no, i'm fine, i got some stuff for you. >> i know you got all sorts of medicine >> wait, wait, you're moving too quickly. you mentioned lockheed but failed to actually mention the news >> do you know i bought it in '63? >> nobody cares. >> rocket dime holdings is earlier this month, they announced, agreed with the ftc they would not close the transaction before the 27th of january. now they've been advised by the ftc concerns regarding the transaction cannot be addressed adequately by terms of the proposed consent order and therefore they're going to be potentially sued by the ftc. so that's what the news is. >> that's the new world. take what's so good too. >> look at what jonathan canner said yesterday head of antitrust for doj, we're in an area where the dwoft seeks to block a deal rather than ask for concessions. >> we've seen so many where they ask for concessions and people made fortunes. >> there's a belief that behavioral remted

of the report thomas willis was making good money in a union job assembling aircraft wings for lockheed martin, the largest military contractor in the world. as a u. s. government contractor, lockheed is barred from discriminating against people based on their race color or national origin by title 6 of the civil rights act. in 2001 mister willis courageously reported to lockheed management. that he and his african american co workers were being intimidated by a white employee. doug williams williams work the assembly line alongside mr. willis. i'm going pulling punches. who am i ask you the believe doug williams was racist? check for you. he had a problem with, with, with blacks in general, and some black, specifically, did he ever tell you why he thought a race war was common? he told me, i want occasion that he thought that the society had got to the point were, the blacks were given everything in the white males, no longer had anybody representing us. and he thought that that was the answer. violence was the answer. they called in an investigator to determine if there was any, any type of

here we are, the lockheed martin demonstration center. we'll be flying an f35. wow. everything that i saw in the cockpit i see in this helmet. >> it's beautiful, it's clear. it's worth every penny. amazing. everybody go out and buy one. still ahead. no finale would be complete without street justice. judge jeanine: there is nothing i love more than hitting the streets to talk to all of you. i know you have been waiting for it, so here is the best of "street justice." she is likeable? what has she done for you? >> nothing. >> do you want her to be the president? >> sure. i'm not a cameraman. judge jeanine: why? do you have a warrant outstanding somewhere? i probably did arrest him. >> i like him. he's a good mobster. judge jeanine: that's me. what about the fact the president saying mentally ill people shouldn't get a gun. >> this is a great new world we live in. well, it's happening now. have a very big truck. is america ready for a woman president? >> we are definitely ready. that's hillary clinton. judge jeanine: how many wheels do you have on this truck? come on,

grappling >> now is the opportunity when you look at some of these lagarde names, look at boeing, lockheed martinre still trying to work through only kron and whatever pote potential variants come out. i do have a tilt we talk a lot about essential and epicenter names. i still like semiconductor look at sosx and last, i know interest rates are moving higher. i believe 2% is the ceiling. housing is pulling back a little bit. we still like housing. home depot has had a rough start since 2022 >> mortgage rates have got to go up >> any one-tier city chicago, l.a we are seeing demand as people continue to look for more housing and opportunities to work from home interest rates are very low. look at the broad swath and i still think there is more room to run there the vix is only at 23. people have to understand, this is normal. we've been in position for so long no one likes a 1% pull back in the 5% pull back of the s&p 500. >> watching ibm, watching lockheed and some of the home builders i love you dropped in a little hopium reference taking me back 10 years ago, 0 pounds ago >> coming up, former spi

and so that's the lockheed martins, that's the boeings, that's the northrop grummans. disrupted the industry. eric: you had to have a little bit of a manic quality to think you could take on the boeings and the lockheeds and, sort of, you know, eat their lunch. one of the early engineers, a guy named zach dunn described it to me as that, you know, the existing rocket industry was kind of bucolic classical music. you know, everyone was kind of polite manners and in comes spacex, which is headbanging band, you know, riffing on guitars, making as much noise and, you know, smashing their guitars at the end of their sets. charlie: if we lost rockets at the rate that elon musk loses his big starship, nasa would have been out of business. congress would have shut us down. if we lo one starship, let alone six or however many it's been, we can't do that. sarah: to beat the aerospace establishment, musk had first to win over nasa, including nasa administrator, charlie bolden, who'd been an astronaut on the space shuttle. male: three, two, one. charlie: in the case of shuttle, yo

here we are, the lockheed martin demonstration center. we'll be flying an f35. wow. everything that i saw in the cockpit i see in this helmet. >> it's beautiful, it's clear. it's worth every penny. amazing. everybody go out and buy one. still ahead. no finale would be complete without street justice. i will bless those who bless you here in israel and the former soviet union the jewish people are living in very difficult times. there are now thousands of destitute elderly jews who are desperately in need of basic food. the international fellowship of christians and jews is on the ground with survival food boxes but the need for food is growing. call or go online now and say, "i will bless these children of abraham." it's the elderly widows who are hurting the most. many of them are also holocaust survivors who are once again crying out for help. their need as you can see is extremely urgent. right now, you can give a gift of life of $25 that will help rush an emergency food box to an elderly jewish person who doesn't have enough to eat. together, we bring them comfor

here we are, the lockheed martin demonstration center. we'll be flying an f35. wow.thing that i saw in the cockpit i see in this helmet. >> it's beautiful, it's clear. it's worth every penny. amazing. everybody go out and buy one. still ahead. no finale would be complete without street justice. what are you recommending for muscle pain? based on clinical data, i recommend salonpas. agreed...my patients like these patches because they work for up to 12 hours, even on moderate pain. salonpas. it's good medicine hearing is important to living life to the fullest. that's why inside every miracle-ear store, you'll find a better life. it all starts with the most innovative technology. like the new miracle-earmini, available exclusively at miracle-ear. so small that no one will see it, but you'll notice the difference. and now, miracle-ear is offering a thirty-day risk-free trial. you can experience better hearing with no obligation. call 1-800-miracle right now and experience a better life. ready to turn your dreams into plans you can experience better hearing with no obli

binding ministration. support for ukraine have also fueled a good week for defense contractors with lockheed martin stock up over 5 and a half percent. while raytheon is merely 4 percent for the week. and finally, let's go over to canada, where the csx is in the green. inflation has soared to 30 year highs in the nation's sparking warnings that it is hitting low income families, the hardest. the bank of canada confirmed on wednesday that it will keep interest rates near 0 from now. but it said it has plans to begin increasing those rates in the months to comp moving into next week. we will continue to keep an eye on the state of inflation and its impact on the ongoing recovery and from inflation to inflation hedges. just days ago, we were talking about gold hitting to month high, but that's no longer the case on friday after back to back drop that goal prices to 2 week low. the federal reserve at its plans to raise interest rates have been seen as having the biggest impact on the trustworthy hedge after the weather, the storm, early on in the week that sent traditional stocks on a rollercoaster. an

above all conventional warfare is profitable for the arms industry. companies like lockheed martin and 1000000000 selling fighter planes like the f 35. it's a technical marvel that's invisible on radar and automatically scans the ground for targets. it's precise, lethal, fast and intelligent, but above all, it's expensive. the whole program costs us taxpayers and allies, $1.00 trillion dollars. this weapon has no utility, it's already obsolete. it's not deterring russia or china. it's not winning wars in iraq and afghanistan get, we're buying more of these things. so the f 35 is like the maginot line in 1939. it's and it's an obsolete weapon built to win the last war and not the future war. for almost 20 years, the highly armed us forces and their allies have been fighting in afghanistan. but the best technology is useless without a clear strategy. o. u. s. troops have also been fighting in iraq for years 3. 0. so they wanted to put on a big show of the american military driving tanks across the borders, going all the way to baghdad and taking saddam down, culminating with that totally

let's talk about how lockheed martin, boeing play into it geopolitical hedge.hink defense is a really cheap way to hedge out geopolitical risk within portfolios. if you look at evaluation of defense names, they are trading at the same discount to the market that they were trading during the sequestration of 2012, when defense budgets were cut 10% across-the-board. as we start seeing some of these geopolitical tensions start to heat up, we do think this will increase demand for these defense assets, which really have been unloved for much of the past 20 months. investors are concerned that you weren't going to get exposure to the cyclical upswing in markets at the same time that there was fear that there would be crowding out of the budget, given physical spending and other areas. if there is more risk on the job little front, most of the times the near peer competitors, i dreaded would support continued growth in defense budgets, and that is an acceleration in the earnings and improvement in the valuation. guy: it is going to be interesting. a different world w

made netflix look bad if you sit back and calculate the winners, morgan stanley, halliburton, lockheed martin and today's class, the players on the scout team, the kids that got picked last and missed practice, they are all there wrecking it for the rest of us there's far fewer of them in the majors see, the bottom line, look at the majors the real companies and real earnings report. the winners outnumber the losers 13-4 if i wanted to add verizon, make it 14. add in travelers now i have 15. pretty amazing i can't even find 15 good companies out of a whole 600 odd enterprises that came public last year especially the spacs that need to be banned they're laughing at you. they're so damn -- they're so rich and they're laughing. looks like history's about to repeat itself. first it was the dotcom tragedy. now it's the cloud-based as far as jonathan in new york jonathan. >> caller: boo-yah, jim. >> spac, i hope it's a spac. >> caller: overweight buy rating do we hold or do we buy more ddi to get rich. >> which one >> caller: amazon. >> go down mission people are saying they're selling amazon we'r

his latest book is "prophets of war: lockheed martin and the making of the military-industrial complexlieven, let's begin with you. can you lay out why this crisis is heightened to this point? and do you believe putin will inva ukraine? >> the crisis has grown to thi point becae of russia's deep unhappiness with the expansion of nato its borders and the threat of nato admitting ukraine -- wch russia regards as -- hoile military alliances in central america i don't think, in the american intelligence is not saying the russians have made up their minds yet to invade, but there is ctainly an implicit threat that themay do so. if no compromise is reached between russ's demands a americannd nato positions. ju: i would like to ask you, the white house press secretary jen psaki talked about "the sacred obligation to defend the security of our eastern flank allies." but this sacred obligation is only relatively recent and only as a result of nato's direct expansion eastward, isn't it? that is absolutely true. but these countries are now part of nato and so america and the other nato allies hav

because the story is "presented by lockheed martin."rds, defense contractors think it is high time to spend much more on defense contracting in ukraine. let it go is happy to make their case in exchange for money. over "the washington post" you may have seen this op-ed with this headline. "biden must show that the united states dan's ready to support ukraine militarily if necessary." that piece was written by a man called michael vickers. who's michael vickers? among other things, michael vickers sits on the board of the weapons contractor bae systems. that would seem relevant because war with russia would be potentially, in any case, highly profitable for them. but somehow "the washington post" didn't bother to tell readers about this. it remained undisclosed. so how does this look from across the world? welcome of the chinese much be watching this happen with their jaws open, completely delighted. they can't believe their good fortune. they watched as the entire political leadership class of the united states runs at full speed in the

on 20 fortune 500 companies and 10 industry groups, including boeing, raytheon technologies, lockheed martinhevron, exxonmobil, merck, and pfizer that continued funneling money to gop lawmakers even after the violent riot and unfounded claims of fraud in the 2020 election. in a statement, accountable said -- "major corporations were quick to condemn the insurrection and tout their support for democracy -- and almost as quickly, many ditched those purported values by cutting big checks to the very politicians that helped instigate the failed coup attempt." this comes as over 200 grassroots have planned vigils across u.s. cities and towns thursday to mark the first anniversary of the january 6 attack on the capitol. new york attorney general letitia james subpoenaed former president donald trump's two eldest children, donald trump, jr. and ivanka trump as part of a civil investigation into trump's business practices. organization continues to fight to block james from questioning trump and both his children. james has been investigating whether the trump organization inflated the values of its

question and those names are the, nvidias, adobe and ban of america or berkshire hathaway how about lockheed martin or northrop grumman you can look at j&j, or merck. those are the type of companies they think you want to own right now. i think what a balance sheet looks like is finally going to matter in this market for the first time in the last three years. >> it brings me to sarat on the question of the moment as to what you think about where we are right now. are we in a daniel jones markets, sarat we have a couple of good games, right? a couple of days when we did up a lot and we start fumbling the ball the minute we get touched and turning the ball over and we turn around some of the mistakes and we're reliable again, what do you think >> i think joe is absolutely right. cash flow balance sheets will be really important especially as the credit markets open up and that's when we don't talk about that much when the credit markets open up and you get bonds and people are issuing debt you want companies that are reliant on their balance sheets and i think going forward, the ones that can contro

my favorite stock tuesday morning is one that could run away that's lockheed martin.he country feels unprepared for cold war authoritarian access of russia and china not unlike 1952, '55 meet the old cold war. let's see what ceo has to say, i like america going into the quarter, medium and small businesses i actually expect a good quarter from these guys. the close, microsoft we need to hear about continued growth, azure. a lot of people are worried about online, shopify went down big today. people are saying that online is over this is not true the federal reserve open market committee closed out on wednesday. we'll hear from j. powell about tightening and shedding bonds. i disagree with that i believe his comments will -- i think the current selloff simply marks the end of what amounts wholesale pump and dump scheme orchestrated by the venture capital complex in the form of garbage-backed deals and ipos. i bet we'll be fine. a lot of what powell says has already slowed the economy down. of course it's more than the fed. i'm expecting nothing. that's right that's fre

so lockheed martin is a name, raytheon, all these names are outperforming lately. we aren't expecting much in terms of performance from the staples and discretionaries right now. i like e-commerce stocks that deliver what you need to your home because you're afraid of omicron so i like target, i like walmart, i like amazon. target especially becaused on valuation. i also like pepsi because well- rounded staple, and i like cvs health because it's across the staple and healthcare stock, and i believe that the new ceo is turning that balance sheet around. lauren: all right, so sarge has some names to watch in an environment that, i mean, chris? look at it right now. it's essentially baked in four- plus federal reserve voting members are saying we're going to see lift off start in march. how many rate hikes do you see this year, and i say that because, you know, march is baked in but if the economy continues to weaken and we don't like what we see from corporate america they're getting pinched by higher prices are we really going to go forward with four rate hikes this

third, you can buy a defense contractor like raytheon contractor or lockheed martin.ry about our government sending lethal aid i wish you could buy some tech into this weakness because of this but there are 600 companies that have come public in the last year and that oversupply makes it harder for the newer stocks to bounce. at lower levels we'll have more ideas. but you need to start somewhere. and for now that means the oils, the consumer staples, and the defense contractors. ukraine, it should belong to ukraine. but i don't make the rules i like to say there is always a bull market somewhere. i promise to try to find it for you right here on "mad money." . see you tomorrow "the news with shepard smith" starts now >>> heightened alert for american troops and a big rebound in stocks. i'm shepard smith. this is "the news" on cnbc a historic day on wall street. >> what a turnaround more than 1,200-point swing for the dow. >> markets tanking the s&p hitting correction territory. what caused the panic and the rebound? >> the decision has been made to put these units on

this time as i mentioned we are expecting more news on this when the ftc puts out a release but lockheed martinits of the transaction for the united states and its allies a little bit of background here, this is a space in hypersonics based deal, $4.4 billion announced in december of 2020. we've seen delays to regulatory approvals, and of course it comes in the midst of rathian technologies also reporting mixed results this morning where those shares under pressure ratheon has been publicly opposed to this deal and i suspect it's going to put a pause on the sector more broadly. >> obviously a big impact for aero jet rocket shares >>> the conglomerate says its annual shareholder meeting will be held on saturday, april 30th. and it is planning for an in-person gathering, though the shareholder meeting has not been in person for the last two years because of the pandemic. it's a little different than most shareholder meetings. they have 30,000 plus people than annually show up for this over the weekend a company press says more information is coming for scheduled for release late next month. andre

down so-called value stocks so this week we will be getting earnings from the prime contractors, lockheed martintechnologies. that happens tomorrow followed by general i do nammics and boeing and northrop grumman on thursday it's a mixed picture for trading this morning while the conflict between russia and the ukraine could translate into the demand for more weapons in the near term, not just u.s. defense spending but foreign military sales, analysts are largely cautious on pure play defense names coming into the tape. many preferring aerospace names with commercial aviation exposure and the recovery play that could be happening. ex supply chain issues, possible la labor headwind amid the omicron variant to be in play. so vcs continuing resolution expiring mid-february, it's chipped away at the pentagon's bunch as, guess what higher inflation has meant unexpected billions more spent on rising costs. we talk about it in corporate america. it's playing out in defense -- or in government agencies such as the defense department as well guys, there is going to be key factors to watch as 2022 unfolds

and another loser, air aerojet, they expect the ftc to block the lockheed martin transaction for $4.5t: the new omicron sub-variant, it's called va.2, it's been detected in two states. jonathan sorry with us this morning. tell me more. >> reporter: definitely. well, it's similar to the original omicron variant but has several mutations including to the spike protein. researchers say it's unclear how this subvariant compares to the earlier strain in terms of transmissibility and severity, but as long as the coronavirus is spreading, it has the potential to mutate. as the omicron surge shows signs of easing in some parts of the u.s. and around the globe, the head of the world health organization is urging the international community to redouble its efforts to get 70% of every country's population vaccinated by july. >> it's dangerous to assume that omicron will be the last variant or that we are in the end game. on the contrary, globally the conditions are ideal for more variants to emerge. >> reporter: this morning pfizer announced it has initiated a study in adults 18-55 to evaluate t

the s&p, wells fargo, bristol-myers squibb, hormel, the spam people i believe, wells fargo and lockheed martinthat list. let's take a look at the nasdaq winners. we've seen the losers on the up side, gillead sciences, am gen again, comcast, vertex pharma and xl energy these are the stocks doing well on the nasdaq that is struggling overall. the dow itself down 178 points down about half a percent. now, let's take a look at the 10 year yield. as that has risen, of course and look at that, it has now hit 1.8 % up another 3.3 basis points , as that yield goes up you can see the money coming out of equities. gold meanwhile down slightly, down nearly $5 at 17.92. let's take a look at bitcoin we've been talking about this this morning there you have it now below 40,000 at 39, 545 down 2,300 or 5.5% and as for crude oil down $0.25 at 78.65 that's good for about a third a percent drop on crude oil. natural gas up slightly, up $ 0.19, $4.10 that's about a four and three-quarter percent gain for natural gas and take a look for the average price of a gallon of regular in the united states it is now $3.30