and what ask mike murphy do when not trading? everybody's wondering. off the desk into the real world in today's "trade-off" segment, that and much more up next on the "halftime report." about stocks out there, how do you know which ones to follow? the equity summary score consolidates the ratings of up to 10 independent research providers into a single score that's weighted based on how accurate they've been in the past. i'm howard spielberg of fidelity investments. the equity summary score is one more innovative reason serious investors are choosing fidelity. call or click to open your fidelity account today. (water dripping and don't juspipes clanging)ncisco. visit tripadvisor san francisco. (soothing sound of a shower) with millions of reviews, tripadvisor makes any destination better. save hundreds on beautyrest and posturepedic.ay at sleep train, choose $300 in free gifts with tempur-pedic. even choose 48 months interest-free financing on the new tempur-choice. the triple choice sale ends sunday at sleep train. >>> welcome back to the "halftime r

unless you're walking into air mez or something as mike murphy was saying earlier. the store's packed. how can you have a disconnect between the stock market going up and retail space and consumers feeling so down? >> first of all, you have to discern whether retail really is in a funk in terms of the underlying economics and demand or just seasonal. you've had i'd say a summer that's had relatively mild weather across the country, number one. but more importantly, if you look at employment growth, look at jobs. look at job openings, at a high, since the crisis, you'd say that the economy underlying economy is in decent shape. home prices rising. to me, this is temporary and should be bought. however, because it's the first time, finish a thought -- >> dow up nearly 100 points. >> first time we saw major job growth and the consumer pupping back. now, weighing on it rye think short-term all the negative headlines. three wars around the world. right? russia, ukraine, hamas/israel, iraq, the iraqis and isis nap doesn't help. but i would say that mostly what we're seein

today's starting lineup, josh brown, along with mike murphy, and also jon and pete najarian, and we begin with the markets. eye-popping numbers. not talking about the s&p 2000, or where the dow is trading. focused today on the sky-high valuations of two steck start-ups. snapchat, thanks to a new round of funding worth a whopping $10 billion, and square worth $6 billion due to its own cash dash. it's got us wondering whether it's all a case of silicon valley gone wild and whether it's a big warning sign for investors. josh brown, start with you. snapchat valued $10 billion. not bad for a company with no revenues and no core business model? >> sounds about right. $10 billion. [ laughter ] here's the thing with this stuff. and we could have had the same conversation a year ago when snapchat was $2 billion, then $3 billion. six months ago $7 billion when the russians put money in. could always have that conversation. the thing people need to understand is, another component at work here that's not about cash flow. that's not about the profitability of these businesses. which is scarcity value

mike murphy, why can't they just say no way?rought up. >> it's a little bit like the kid and the light socket. >> can we waterboard them? is it okay? >> it's not torture. >> it's not. they will be the first to say it's not torture. >> now that nobody has a swing district any more, the whole game is the primary. >> right. >> everywhere. so that is the frequency everybody is tuned into. >> impeachment, impeachment, impeachment. >> it feels like winning. that is the problem. they get together and there is free coffee, you know? the problem is strategically if we are ever going to get outside the minority in a presidential race, we have to change some stuff and the incentives kid in a light socket, don't put your finger in the light socket. zap. >> there it is. whoever runs for president down the road, damaged by it. mike, what do we have? >> we have the big immigration hot button, putting your finger in a socket. president obama will take several more weeks before taking executive actions. house republicans to limit the president's

on to mike murphy. time warner. >> joe?all the other day on oways, it was a bad call down 8%, i don't think you buy it here. it's not done. >> disney. it's not done going up. this stock is going absolutely much higher. >> josh brown, last chance. >> i like freeport. buy it >>. >>> all right. thanks, guys, see you at 5 for more "fast money." "power lunch" begins right now. >>> halftime is over. the second half of your trading day begins now. >> melissa, thank you very much. walgreens decides to stay right here in the usa. no inversion for them, but the stock is getting punished today. down. we'll talk about that one. goldman sachs making a big call on europe today. we will have it for you in two minutes. another inventory killer in the housing market. it's a new trend for homeowners, and it may put potential buyers out of the business. sue is at the nyse, as stocks move a little bit higher today, but we start here in

our friend mike murphy, a daddy primarily, but also a republican political strategist who has advisedfigures including mitt romney and jeb bush. i'd also like to welcome a new face to the program, kristen soltis anderson, co-founder of echelon insights, and democratic congressman keith ellison of minnesota. good to have you here. politics is easier than figuring out the middle east, and in a pretty bad way, mike murphy, the republicans are going to come back in the fall and ask americans to allow them to govern. are they in a position to govern? >> i think we are and i think we're going to do well at the elections, but the question is we're not going to win enough in the elections to govern. we'll still have a democrat in the white house. the next two years for the republicans assuming we win the senate will be a test. do we use the double majority to do something and get some things done or do we just continue to pound away in kind of a campaign mentality? >> what is the mentality, carolyn? "the wall street journal" editorial page lashing fellow republicans for basically botching thi

." >>> starting lineup, jon najarian, and mike murphy. stephen weiss, and josh brown, and we begin with a countdown to what could be the market's moment of truth. janet yellen's speech in jackson hole on friday. so will the fed chair be as dovish as investors hope, or is there a surprise lurking in the grand tetons? someone who probably knows. our own steve liesman who is there. steve, will she disappoint the markets or not? >> depends on what the markets want, scott. >> you know what they want, steve. >> you know better than i do. >> you know what they want. >> the story, markets expect yellen to be neutral and the cnbc survey prepared for the jackson hole conference here, 63% are looking for yellen to be neutral relative to a prior stances which would be essentially dovish. 31% think she may actually be more dovish than she was before. how dovish does the market think the fed will be? we asked our respondents, 36 of them, scott, to look forward. where will interest rates be in '15, '16 and '17, and where will the fed stop? we plotted it

. >> mike murphy? >> yeah. to add to that point, the market doesn't like uncertainty. got a little certainty from president obama. remember, we were down, was it 11 out of 12 sessions? something ridiculous. we need add snapback. the market saw it, buyers stepped in. again, watches 1925 range. reclaim that, i think it's back to the rally as usual. if not, you have to be prepared for a little more of a sell-off. >> and yet i feel we're going into the weekend wondering what will happen in rukraine? seeing notes, the riisti risk o invasion, putin is so concerned what's done against the rebels. >> sentiment seems to be worse and worsening, if you will. just kind of getting that relief rally at guys have said. over the weekend, things can change on a dime. what we have done right before earnings, raised more cash. been raising cash all along taking profits where we have them, but this is what we wanted. we wanted the stocks to pull back so we could add to the companies that reported good earnings. for example, magna, auto parts. blew ow numbut numbers. up 4%. so did lear, bu

mike murphy, and stephanie link, also we have jon najarian. co-founder of option monster and ben willis from princeton security with us today as well. we're going to begin today with a saleoff on stocks on reports that the fighting between russia and ukraine is intensifying, may have expanded to a new front. so far investors mostly brushed off those concerns, pushing stocks nearly every day to new highs, but is it time to be fearful about what's going on? not only there, but elsewhere. doc? >> we took -- >> what's halling here? >> too guilty over milestones that the market's hitting? >> no. i don't think we are. doesn't mean we go straight up to the upside, judge. we've said time and time again. a lot of smart people like warren buffett, george soros, putting on hedges. it's hedging against longs. these aren't straight bets to the down side. these are folks who have exposure either through as stephen weis said, hedge fund investments they've mand r made and want add floor through the usa of s&p 500 puts or vix calls. smart investors. doing wha

joe terranova is holding on to number one followed by john and mike murphy.brown's currently in fifth place and made two moves in the hope of getting a little boost here. so josh, what did you do? >> i made some sales, melissa. i'm almost 40% cash right now. >> i was criticized for that. supposedly that's not allowed, but go ahead. >> okay. thank you, joe. >> let's get to it and then you guys can go at each other. how's that? >> no, i made some sales because i think the market is getting a lot more selective. and given the volatility last week, if that's a sign of things to come, i don't want to be fully invested and not able to buy great stocks coming down. i got out of my india trade. i still like the trade from a long-term investing standpoint. but i only have five months to catch up. and i think that's the wrong fit for this contest. the other stocky sold was softbank which continues to act terribly since it has since the beginning of january. alibaba the largest shareholder, unfortunately also the largest shareholder of sprint which got negative competit

. >> mike murphy? i kinder morgan, kmi. dividend after the restructure. >> priceline i think looks good here. >>> that does it for us have a great rest of the day. dow up nearly 100 points s "power lunch" picks it from here. >>> halftime is over. "power lunch" and the second half of the trading day start right now. >> shares of macy's getting discounted after a weak earnings report and even weaker outlook, a tough month overall for retailers. mayy's moving lower, there are the stocks over the past month. all down. where are people buying? where are they getting clothes? who is doing retail right? we've got some insights on that. oil down almost 10%, as you see there, about 8.5 in recent months. is this the best predictor of the economy. oil, should we forget all the forecasts and run for the hills when you see prices moving down? that's brent. west texas even lower. >>> walls of water from the midwest to the east coast. look at that. major flooding, really intense storms this morning on the east coast, and through much of t

not so fast, mike murphy. our traders are quick, but not always right.all on kkr. >> a great different, also a lot of the investment banks deals that are out there, a lot of the asset management as you touched on. that's the way i want to be in the financials right now. kkr. >> talked about the financials. what do you do now with the stock down? >> you stay there. >> is this a playbook move? >> moved it into my playbook. it's down 2%, you factor in the different it's probably up. not doing what i expected it to do, but same thing. i think it's a great way to play the financials, kkr, a great dividend, investment banking, a lot of up side, cease management. >> well, you may think you know the halftime team, but you only know half of the story. we're taking you off the desk into the real world to find out what the traders do when they're not trading. what gives pete najarian his competitive edge? take a look. >> when i'm doing "fast money" i am focused -- literally laser-focused on everything we are talking about. trading is a monster rush for me, but when

today's starting lineup, josh brown, along with mike murphy, and also jon and pete najarian, and we begin-popping numbers. not talking about the s&p 2000, or where the dow is trading. focused today on the sky-high valuations of two steck start-ups. snapchat, thanks to a new round of funding worth a whopping $10 billion, and square worth $6 billion due to its own cash dash. it's got us wondering whether it's all a case of silicon valley gone wild and

mike murphy, and stephanie link, also we have jon najarian. option monster and ben willis from princeton security with us today as well. we're going to begin today with a saleoff on stocks on reports that the fighting between russia and ukraine is intensifying, may have expanded to a new front. so far investors mostly brushed off those concerns, pushing stocks nearly every day to new highs, but is it time to be fearful about what's going on? not only there, but

. >>> today's starting lineup, josh brown, mike murphy, jon najarian co-founder of option monster andeiss managing member of short hills capital. right flou to michelle caruso-cabrera for breaking news t

." >>> starting lineup, jon najarian, and mike murphy.phen weiss, and josh brown, and we begin with a countdown to what could be the market's moment of truth. janet yellen's speech in jackson hole on friday. so will the fed chair be as dovish as investors hope, or is there a surprise lurking in the grand tetons? someone who probably knows. our own steve liesman who is there. steve, will she disappoint the markets or not? >> depends on what the markets want, scott. >> you know what they want, steve. >> you know better than i do. >> you know what they want. >> the

stephanie link, josh brown, joe terranova, and mike murphy, the ceo of rose cliff capital.ry today. that would be retail. shares of kors on he werings with ralph lauren and kate spade also reporting this week. we're looking at the space and hunting for the most fashionable and profitable retail stocks. we want to bring in courtney reagan who covers the beat. courtney, i feel like this is not a surprise. >> yeah, it's not a terrible surpri

starting lineup, mike murphy, stephanie link, pete najarian, and jim lavinthat, straight to our top storyca facing a record $17 billion fine and traders buying the banks with both hands. is the worse news behind the big bank at this point? the make or break for the year-end rally. kate joins us. >> thanks. the most recent settlement deal finalized now, and to be announced over the next couple of days. the were e for stock investors becomes are these banks out of the woods on

josh brown is with us, pete najarian, and joe terranova, and mike murphy, and let's get straight to thend stocks bouncing back today after the s&p and dow hit lowest levels since may, but the blight to safety is still on. treasury yields are near multiyear lows. what is going on here? and how are you trading it? the fact that yields are so low on

. >> big shout-out to mike murphy. yesterday, he bought on the dip. bought on that big dip hertz was taking yesterday. he's feeling pretty good about that. murph good job. >>> talk family dollar. rejecting dollar general's bid for the company citing antitrust concerns. something we on the network told you would likely happen. steph? >> the family dollar tree combination makes more sense for family dollar because the ceo keeps his job. incredible. and also they're going to, have less cost cuts under that scenario. so it's not a surprise. i do think dollar general comes back with a higher bid. i think they can get as much as 90 and i still like the dollar general on a pullback and would buy that one. >> doc, what's up with ebay? the information, right? a blog. comes out says they'll spin off paypal in 2015. telling recruits. stock shoots higher. what do we make of it? >> there had to be a reason carl icahn stuck with this one. we remember, what he went to them with. you guys have to spin out paypal. and then came back after this meeting when he met with

lot of comedians, just talking about this here, me and mike, you know, look at a lot comedians, real small, cat williams, kevin heart, eddie murphy, a lot of guys are small. so they use their height as defense mechanism to work hard. they use harmony -- comedy, women look at them oh, you are small. so they have to work harder like i can be caring, i can be a kinds guy f a tall guy walks in the building he doesn't have to work as hard, oh,'s protector, he is tall, he is handsome. so i think as a smaller guy you have to work extremely hard in your life. >> good point. >> other, ryan seacrest guy. >> he is pretty tyne. >> i five-six? >> so many actors in hollywood. time and time again, tom cruise, wahlberg, only five-six, five-seven. you hear so many times about male actors and how they are below the average height of a man. >> you women, you always say you want a tall guy. so short guy, or average height guy, you have to -- let me ask you this, is your husband smaller than you? >> no, he is actually pretty tall. he is six-two, although he shrunk about an inch since he's married. >> well, he is getting older and you're beating him d