mike murphy, republican strategist, co-director of the center for the political future at the university of southern california. also co-host of the "hacks on tap" podcast. mike, i was following you among others during the president's event. is there a plan, do you think, for this campaign, or did we just see it in tulsa, and what do you think things are like right now at campaign hq? >> oh, i am sure i would love to be a fly on the wall. i think campaign manager brad parscale is going to need one of those ferraris of his to escape the anger from the president and the knives that are out. you know, culture in a campaign is set at the top, and trump likes to play all his people against each other. it's a career reward there to be a yes man. so the knives are out for parscale because the president is so psychologically connected to these rallies, he needs the support. a complete fiasco like this has to set off earthquakes inside his organization. >> if my skype vision is correct, i'm seeing an old barry goldwater poster behind you off your left shoulder, and i am reminded that goldwater us

mike murphy, come back in, please. i have big tech on the screen. leave it on the screen, please. is there any one of these five stocks that you would buy today? >> stuart, the short answer is no. i wouldn't sell them but they are all very extended here. we had the pullback due to coronavirus back in march. big tech got hit and hit hard. you saw names like apple, like microsoft, that you could buy at 30% to 40% discount from recent highs. you're not seeing that today. so to go out, if you don't own apple and you are thinking for the first time can i buy it at $350 a share, my answer is no, there's better markets out there. if you do own the stock, hang on to it because there's still a lot more upside. stuart: can you give me one stock that you will buy today? >> fed ex. fed ex is a name that we have owned. we bought it, we have ridden it all the way up. now fed ex is getting hit with concerns for a second wave of coronavirus. fed ex is a name i would buy. walmart is a name i would buy. we talked about it several times but uber is a company i believe is still going into the mid 40s

in nigeria to do respect that because they're human beings i don't know where you're right yet mike murphy female human beings that we came up that you might be a diplomat turned up then that is a specialist construct i think we are here to say enough is enough we have been incidents of rape in different parts of this country this is on be common. to all n.g.o.s to russia local little fights discord do says these courts that is defying laws this is a court that is demeaning our society to 6 courts that is condom i mean our humanity it is unfortunate that we have to be dealing with the issue of really you at a time when we should be talking about issues of health. the covert pandemic can supply to and here in russia at the moment but imagine only just finding out there's even been a health crisis at all a brain surgery patient here in moscow who's just woken from a lengthy coma is only now discovering that the world around him is changed so drastically. sure after i've been released from intensive care i learned from t.v. about coronavirus the restrictions and lockdown that everyone wears m

i want to bring in jim awad as well as mike murphy. mike, i want to start with you. specific about where opportunities are, particularly on down days or in down environments. what are you looking at now? >> so i think a lot of the big tech, charles, that's driven us up here to where we are almost back to highs, they are kind of extended up here to me. i wouldn't sell them but i would hold them. when i look at names like fed ex, names like uber, quality names that are out there, that haven't taken part in the rally but companies whose businesses we expect to be back to normal, if not better, after the pandemic, those are the names i want to buy. those are two we own and you can buy them today as well. charles: you know, jim, i played both games, i have been in all these momentum names, i did sell my facebook today, i had my subscriber sell it because i think the upside is limited. the value stocks, though, they come to life momentarily, then kind of fade away. it's sort of frustrating for some investors, even those who want to hold long term. >> my inclination is to g

people in niger had to do it because they're human beings i don't care where you are right here mike murphy. that we came up that you might be put up a map that turned up then that is a 1st just construct i think we're here to serve enough is enough we have been there shouldn't of been a different part of this country this is on because our to all and you know through a straw poll it's also quite a discourse do says these courts that is defining laws this is a record that is demean our society do physics course that is condom i mean our humanity it is unfortunate that we have to be deluded. you know at a time when we should be talking about issues of. the covert pandemic is plastering here in russia at the moment but imagine only just finding out that there's even been a health crisis at all a brain surgery patient here in moscow is literally just woken up from a lengthy coma is now discovering that the world around them is changed so drastically of late. after i've been released from intensive care i learned from t.v. about coronavirus the restrictions and lockdown that everyone wears mask

mike murphy, thank you for spending this time with us. >>> after the break, imagine if donald trump caredout systemic racism in the united states as much as he appears to care about our nation's statues. his over the top threat against monument toplers, next. bathro. you may have overactive bladder, or oab. not again! we're seeing a doctor when we get home. myrbetriq treats oab symptoms of urgency, frequency, and leakage. it's the first and only oab treatment in its class. myrbetriq may increase blood pressure. tell your doctor right away if you have trouble emptying your bladder or have a weak urine stream. myrbetriq may cause serious allergic reactions, like swelling of the face, lips, throat or tongue, or trouble breathing. if experienced, stop taking and tell your doctor right away. myrbetriq may interact with other medicines. tell your doctor if you have liver or kidney problems. common side effects include increased blood pressure, common cold or flu symptoms, sinus irritation, dry mouth, urinary tract infection, bladder inflammation, back or joint pain, constipation, dizziness, and

it's mike murphy, of course. mike, great to see you.kay, today's selloff, is this a blip or the start of things to come? >> good morning, ash. great to see you as well. this is a blip. we have the market's not going to go straight up. we've had a massive rally after we sold off big in march. we rallied hard but this is now, the market will get past coronavirus, the market will get past the rioters and then we are going to start focusing on the recovering u.s. economy. if the economy gets back to where it was, which i believe it will, then the market will not only get back to where it was but we are looking at new highs in the very near future. ashley: how near future? i don't want to nail you down to the day or the time, but are you talking in the next month or two or what time frame? >> i will look for a little wiggle room, within the next quarter. but i think barring anything crazy, we are going to see the markets start to trade on fundamentals and i think the fundamental supports new highs. ashley: but there are those who argue sayin

mike murphy is here. come on in, mike. this rally suggests, the one we are seeing today, the one we saw yesterday, suggests the riots have little impact on the economic recovery. you buying into that? >> stuart, i'm completely buying into that. you know, you look at these riots, we have a real issue in this country and there are deaths that happen that are very negative, obviously, but how that impacts the overall economy, this is a couple of nights. the president will get this under control with the help of governors and mayors. the rioting like it has in the past will stop, and the market is focusing out next week, next month, next quarter, and the backdrop of all this is we have stopped talking about the coronavirus pandemic. we stopped talking about cities being closed. cities across the country appear to be opening. that's what the market likes. the market likes the fact that we are going to start -- after this recovery which we will get, we are going to start talking about reopening the economy, in the face of all th

but that was all mike murphy needed to hear. the republican political strategist and frequent guest of ours and his group called republican voters against trump are out with a blistering new ad. >> where is the president in the time of national emergency? hiding. hiding in a security bunker, watching his shows. afraid. alone. not a leader. >> supposing brought the light -- >> not a president. just a scared, incompetent -- within a couple of days, it will be down close to zero. >> embarrassment. >> you know that. those who have worked with him know that. >> former defense secretary james mattis accusing president trump of being a threat to the constitution. >> our allies know that. and our enemies know that. everyone knows that. it's time for a competent president. let's elect one. >> defending democracy together is responsible for the content of this advertising. >>let call it unambiguous. republican voters against trump playing us off the air tonight and that is our broadcast for this evening at the end of this long week. pleas

rosecliff managing partner mike murphy and gibbs wealth management cio erin gibbs. ke, it has been too long. i have to go to you in part. you were one of the most bullish guests on the show last three months. you were really confident. you were putting your money where your mouth is. where are you putting your money. >> it has been way too long, charles. i think there are still opportunities, charles. i agree what you're seeing executor rotation like energy, i don't want to chase areas. i want to stick where i see growth. that doesn't necessarily mean buying apple up here at its all-time high but looking for companies. i want large caps i can get growth that have been beaten up and haven't recovered. i'm looking at fedex. we own it. we bottom a lot when it was down. i think there is lot of room to run. i think uber a similar story there. i want names where i can get a lot of growth and i think there are a lot of them out there. charles: erin, we ended last week 12 -- 182 up from the s&p. now there is 100. there are more winners. feels like everything is expensive rig

the presidential emergency operations center, something the president denied, but that was all mike murphy needed to hear. the republican political strategist and frequent guest of ours, and his group called republican voters against trump are out with a blistering new ad. [ telephone ringing ] >> i can't breathe! i can't breathe! >> where's the president in a time of national emergency? hiding. hiding in a security bunker, watching his shows, afraid, alone. not a leader. >> supposing you brought the light inside the body. >> not a president. just a scared, incompetent -- >> within a couple of days it's going to be down to close to zero. >> -- embarrassment. you know that. those who have worked with him know that. >> former defense secretary james mattis accusing president trump of being a threat to the constitution. >> our allies know that. and our enemies know that. everyone knows that. it's time for a competent president. let's elect one. [ telephone ringing ] >> defending democracy together is responsible for the content of this advertising. >> let's call it unambiguous. republican vot

let me stay on this reclosing and bring in market watcher mike murphy. look, mike, that's an extensive list of reclosings we just heard. i find it hard to believe that this will not slow down the recovery and stop a v-shaped recovery. what do you say on this? >> i would say not so fast, stuart. good morning. so when we went through this in march, there was so much uncertainty. we had no idea what we were dealing with. we were shutting down the u.s. economy and we didn't know when it was going to reopen. this time is different. there are clusters that seem to be controlled where the local governments are slowing the reopening. that's not going to have a major impact on the markets. the market will look right past that to earnings season, so this time, i think it's going to be a lot less of a drag on the markets. i think the markets are going to continue what we saw yesterday which is a move higher. stuart: stay there, mike. i will get back to you in a second. that's a nice piece of hand holding as the market sells off just a little bit this morning. want t

mike murphy is with us. look, mike, there's all kinds of reasons for the rally today, but you're saying that president trump has a lot to do with this. you're calling this trump rally again? >> good morn morning, stuart. yes, you look at what the president has done since the beginning of the year, we got hit, behindsided by the coronavirus -- blindsided, and now what the administration is doing, the president understands business. and what he's doing by having the fed is out there supporting businesses, now he's supporting that by having this new infrastructure plan that's coming out. i know he's a fan of your show, and i'd just like to say that the president's doing right now is great for the market, it's what we expected him to do, and that's why we've been saying we'll see new highs. and they're coming a lot sooner than later, stuart. stuart: in the immediate future, right, we've got new highs are coming? >> absolutely. look, we talk about big tech leading us there. they're there already. the apples, the m

market watcher mike murphy joining us now. the virus surge doesn't seem to be affecting the market, mike. you are still saying buy, right? >> yes. good morning, stuart. i'm still saying buy. the reason is the market is being held back in my opinion by the concerns around coronavirus. but it's different this time because we saw what happened when the country got shut down in march. massive selloff followed by a huge rally. we're not going to go through that again. i think the media's doing their best to scare as many people in the united states as possible but the reality is there are a lot less deaths, hospitalizations aren't spiking the way cases are, so i think we will still see the u.s. economy continue to reopen, get back on track and that supports not higher prices, stuart. much higher prices in the market. stuart: okay. i'm making the case that it's my opinion that the money flowing into big tech and the rise in big tech stock prices, that's a fundamental reason why the overall market is going higher. will you be buying a

so you know this group that mike murphy's involved in and a couple other apostate republican voters,mp. they do a poll in duvall county. it's basically jacksonville. it's the county that jacksonville is in and it's pretty much a direct overlap. and they wanted to know how the people of jacksonville felt about the convention coming there. because of course, trump's like jacksonville's going to love me. that's why i want to move the convention down there from north carolina. they found it's 41-31, a ten-point spread, against having the convention in jacksonville. so jacksonville's not into the idea of trump coming down there. a huge proportion of, again, the 60s, of jacksonville residents are worried about that being a superspreader and having seeing a coronavirus outbreak after the republican convention. but here's the thing that i'm interested in, and i think you'll be interested in, which is the ballot test question, right? duvall has not voted democrat since jimmy carter. it's reliably republican. in the last election -- it's been getting narrower and narrower, and trump won it by

republican voters against trump which i'm doing with mike murphy, bill kristol, our goal is to elevatey with trump in the hopes that their stories will resonate with their peers. i think that maybe they've heard a lot from people like kurt and joe and me and it's more compelling for them to hear from people like them. and if you go to rvat.org, you hear moving stories about people who have left the party over just the absolutely despicable behavior of this president. and so what we did is we went to jacksonville to see what real voters there thought about a gop convention coming. and what we found was they don't want it. and i think it is reflected in the lack of turnout in tulsa. if you looked at republican voters in jacksonville, 60% are worried about the virus coming to their city. about one-third of republican voters in jacksonville didn't want the convention at all. overall, by 10 points, the entire community duval county did not want the convention to come. i think that's an ominous sign for tulsa reducts for the president if he gets there. and it shows the disconnect with the wa