or is tech about to step it up mario gabelli is live and exclusively. plus, big calls on at&t, under armour, and micron "the halftime report" starts right now. >>> and we welcome you to the program this friday. here to debate and trade the biggest stories of the day, josh brown, jim lebenthal, jongabelli let's begin with the rally, the dow and s&p hitting new records. mario, good to see you again >> great to be here, scott great to be here with everyone else >> s&p is up the dow higher for the eighth time in nine do you feel good about where the markets are now? >> i like them to go down because i like to buy them cheaper. that's atlanta braves record as of tonight so i'm pitching you on baseball and i want everyone to own a baseball team by buying a share at $26 in the event the market is a function of revenue outlook, the world imf has us at over $100 trillion global gdp in two years and economies are booming in the u.s., the net worth of the household came out yesterday at $107 trillion. wages are rising cost -- food is okay but fuel and pinching the

or is tech about to step it up mario gabelli is live and exclusively.ig calls on at&t, under armour, and micron "the halftime report" starts right now. >>> and we welcome you to the program this friday. here to debate and trade the biggest stories of the

. >>> and mario gabelli joins us live with his take on the media space and stocks. >>> and the call of the day. one analyst says brighter days are ahead for one retailer it is one of the stocks pushing the retail sector higher today i want you to think air force one, but not the plane all of that and more at the top of the hour. right now, send it to morgan brennan. >> if this was trivia, i would have the winning answer. >> do you know what it is? >> you talking about boeing? you say air force one. i can't help but think boeing. >> it is not >> okay. then i am the loser. looking forward to it, brian >>> let's get to the cme and rick santelli for the santelli exchange hey, rick. >> good morning. thank you. like to welcome my guest charles miller thank you for taking the time. >> glad to be here >> all right last week president trump announced he was crafting an executive order to make it easier with regard to cash flows and retirement accounts. what do you think, will it make a difference >> the executive order is to try to get treasury and labor to adopt regulations that allows small b

mario gabelli is with us tomorrow, can't wait for that, for the hour we'll discuss the future of mediabattle for sky and talk about the markets at large. we'll do that at 12:00 p.m. eastern time right here on cnbc and she what mario thinks about these record moves in the stock market we're answering your questions as usual number one is nvidia a viewer in texas says is it a buy after today's drop >> the drop is basically joe moo moore. >> john. >> it's basically because joe moore over at morgan stanley says that this rtx 2080 chip is only about 3% better than the previous chip. not enough to get people to upgrade. i respect joe moore but i'm going to respect the gamers' opinion and their dollars more i'm watching that. >> shawn in new york, joe. northrop grumman, give me your thoughts. >> it's pulling back i'm long this is a great place to buy it. what's being flagged is there hasn't been a change since 2001 in terms of the department of defense, the payments they make to their customers as the progress goes along. >> okay. >> so -- >> buy it. >> okay, thanks. >> how about this, micron

. >> jane, thank you very much joining us now is chairman and ceo of gabelli funds mario, it's good to chat with you. i wish it was under different circumstances. viacom is keenly in play in this scenario it is not a cbs or les moonves story. where will you vote? >> brian, i'm recommending that you pick up the phone and call your broker and buy cbs today. a strategy that is well placed there's a rule we learned in the second grade and that is if she has the gold, she rules. you have to give credit to sherry, she pulled it off. she has total flexibility with regards to what she wants to do. let's count money. national amusement owns $30 million shares of cbs. they own 9 million shares of the nonvoting. they have 40 million shares approximately so if they can get $80, $80 times 4 million shares is $3.2 billion. when you tax -- why would you want to sell the company for my point of view i'm trying to figure out what sherry is doing next you have two guys from columbia business school and you have ianelli running cbs. they have a good -- so where does the world want to buy this? i would st