now, you know i love nvidia, right?t now, just so you know, this is nvidia, the second we lost the first. jensen was kind enough to let me have my dog go into headquarters why would you want to go into headquarters this is a company with a hammer lock on artificial intelligence and graphics processors and become our largest semiconductor company. it blew david faber away and he's not interested in anything i have to say. company has a $516 billion valuation. up from just 15 billion five years ago. i mean that's incredible nvidia caught fire this quarter thanks to an amazing, well, i mean, wow, just the last three months, fantastic raise guidance and increasing likelihood that the regulators around the world will allow it to acquire a company called arm holdings. the british chipmake their makes central processing units for cell phones and personal computers. remember, nvidia makes graphic processors these are two areas where nvidia has zero overlap hence why i have said from the beginning that the deal will go through b

i do think once again if you look at the stocks that have been strongest, take apple, take nvidia nvidia, david, is down a quick h hondo. >> i see that. >> apple is rolling over being pushed by a subtle -- >> rolling over? it's had this incredible move during the month of let's call it june into mid-july. >> the last bastian this market is facebook, amazon, apple, netflix and yes, google, also known as alphabet. those are the last ones, all right? >> yep. >> and david, the one thing we're not talking about nearly enough. >> tell me. >> is the end of takeovers we haven't even mentioned nigh fie. >> no, which we are going to in the next block of our show, we like to call it the b block. >> exactly >> that is what we're going to focus on for this block of our show, we're talking about the markets but also i do want to come back to biden versus zuckerberg no other way to put it. >> that's good >> let's start with the president, this is what he had to say. >> callow youth, the novell la youth by conrad has everything that we need to know about this, pass the bottle. >> i will make sure to rea

hitting all-time highs nvidia up by 50% in three months up for demand things like cars, data center. you might have heard about cryptocommodities and all the mining it takes there. jim, back to you on this, because i noy this is another group i liked a long time. but, again, things just -- i get -- maybe they can go up forever. at some point do the valuations get stupid >> well, listen, this is a great question i think i've got to answer it by saying the semiconductor space is a wide space. maybe look at nvidia say it's overpriced somebody else will say, yeah but that's the call four years and you missed it the whole time i am in qualcomm which i find tremendously overvalued and another share repurchase story in nxpi at fair value. but fair value grows well above the rest of the space because of the exposure to automotive industries including avs and evs. i'm not touching the microns and texas instruments right in the middle of the fairway. if somebody wants a deep value player, go in on intel which i think we got to start looking at again. it's been in the penalty box a long time. t

moving to the cloud and with the cloud is the data centers that uses the technology of ai and so nvidia is leading in that space. and we see those trends continuing you mentioned a dobe, they are the leader in the market for digital media and it continues to lead in that market for instance everyone is moving towards e signature. well, adobe has the echo sign which is the leading solution in that space we really like adobe because of good valuation, profitability and these tail winds will continue >> i'm looking at nvidia right now wondering why you just hadn't bought it earlier i mean, josh brown comes on this show all the time and talks about it >> well, scott, let me share with you, we added to our position of nvidia, we've owned it since 2019. so we got in early >> but you are willing to add more even at these what some might say are elevated levels. >> when we look at the valuation and we're looking at the free cash flow yield, we're seeing that nvidia even at these levels has very good valuation metric that we use. so we're comfortable at these levels >> so let's go back to apple

we even had positive territory for nvidia and other names out there. the bottom line is i think that the big cap growth names, people believe those are going to do well regardless of how the strains of the covid variant works out. major indices, keep an eye on this the markets have been concerned about peak everything for a while and some of the big names out there, the mid cap stocks, the russell 2000, they peaked a while ago. they peaked several months ago there's been a lot of concerns about that peak growth story finally, i want to point out, kelly, the s&p 500 is still up about 13% this year. there's the drop here we are for the full year. just keep in mind it's straight up essentially 13% growth we're down 2% today. just a little bit of perspective. kelly, back to you >>> even before today the markets were experiencing a stealth correction mega cap tech getting sold off with the broader markets back tomike santoli for alook at what that divergence means in particular, mike >> reporter: yeah, kelly, you can go back to february. that's where specul

when our dog nvidia died, i got another dog, nvidia the second and by the way, the past for nvidia the second is coming. i got a snapshot of what it looks like no one can get into nvidia's headquarters, except for my dog. nvidia, by the way, is when -- they're going to solve self-driving car they don't talk about it it's black ice, that's the problem, and he's going to solve black ice. you know it's black ice that's the problem. >> i did not know. >> i can imagine a number of different problems. >> they can't -- cars right now can't detect black ice that's the main worry. they don't talk about that at waymo. >> i'll tell you, human drivers don't exactly have an easy time with black ice either. >> if you were going to make a car right now, would you ever have a human drive it? >> no, you'd have a machine drive it. >> yes, i wouldn't even have a steering wheel. >> you'd have the boeing cfo running the -- >> yeah, we're going to talk about some new appointments over at boeing. speaking of cars, amazon says, what, 10,000 evs on the road by next year and calling for the new ftc chair to be

. >> nvidia just, won't stop eating paper it's absolutely driving me crazy.ant to ask you because of your background, the digital background, how do you scale personalities. in other words, can personality dogs be scaled >> yeah, so that's a great question, look the bark foundation is basically high level personalization with high top service. for example, i think i saw you tweet a picture of marley where you described a toy, right, so we learned the data, you understand the cohort so that we can tailer not just the toys the food elements we need them, they can adapt and grow. so we have a very strong machine learning base, which is oriented followed by our happy team which is one of the best customer service teams we have come across. >> i saw, i looked at the turn figures and there are just south of six, which means basically you almost have to get everything you're losing a huge number per year and i was wondering whether you're not hurting yourself by also being in all of these different outlets because the subscription is where the money is. >> subscript

we'll use nvidia, kanye west and oil stocks to explain how. get ready to learn and earn. plus is there a new 800-pound gorilla in the ev space? china's nio bullying tesla in that market. if you can't beat them some say you should try to join them. interactive brokers which had a pretty tough go of it back in january with the reddit revolution making amend and now sheaing secrets that wall street doesn't want you to know. its founder joins me in a one-on-one interview. bipartisanship on capitol hill after all, folks. it is earmarks. is that what it takes to get on board? larry kudlow will join me in moments to give us his take on that. supreme court upholding the ban on ballot harvesting. that is a huge one. so much more on "making money". charles: you heard them all before, folks. today we'll ask the market pros to navigate this market using some of the oldest axioms on wall street, right? the trend is your friend. never catch a falling knife, buy low, sell high, those kind of things. which have kenny polcari, larry glazer and eddie ghabour. we know the axioms. some of th

so nvidia if it pulled back.orrection i'd like to own nvidia but that's the only one i would >> why are you trimming bx blackstone, that's up 5% >> you owe we owned this a rung time one of our largest positions, had a great quarter, really great quarter, private equity and real estate are the two drivers. the assets under management are getting close to $900 billion, close to a trillion, much better than expected. the dividend payout is now over 5% and, you know, it's just been such a great stock it's up 85% over the last 12 months and given that it's 4.5% of the portfolio we decided we should cut back a bit it's a trim, it's not an eliminate the position but this is just, you know, a perfect -- perfect storm of good for blackstone and perhaps it's a time to take some off the table >> okay. we hopefully will have josh brown's audio after the break. i know you want to hear more about the trade he made. i think just before the show in fact the bristol myers. up next two bullish calls on dow stocks, honeywell and bo

you should do nvidia what is better nvidia.of information -- you should do in video, what is better nvidia. all sorts of information. this is changing the world. caroline: you have got so many slides to back it up, we love it. at what point do you get serious about this. . you have been a serious business leader before, you have grown a serious business, at what point do you think ok, this is going somewhere? phil: any day now. it is bound to happen. [laughter] we learned an important lesson, because we did start off by goofing around. we learned that having fun is absolutely crucial, in an indispensable part of communicating effectively. we all got good at doing it in person. we were forced onto video and no one knew how to do it on video. so this idea of letting people have some emotion and expressiveness with this new medium is key. we have many great customers. but fun is a crucial element of it that we are not embarrassed about. we are about having fun and effective communication. caroline: are you being asked about specia

but the microsoft call, the nvidia -- i mean, nvidia, everyone is back on the nvidia case i think amd is ridiculously valued so tech is going to have a rally today, but mike wilson, i think he would say, look, tech just finished a very brutal correction, and i'm referencing mike because he's on i'm referencing lee because that was the most provocative interview we had on tv, and i think lee was, hey, you know what i'm not that into faang. i only have this much facebook, only this much alphabet. only this much amazon. no, lee, you're into faang. >> his biggest positions, i believe, are in faang. by the way, texas instruments, since we're talking about -- >> that was a conference call. that was a stephen king conference call where everybody dies that was one of the worst conference calls i've ever heard. that was the stand do you know that the analysts were begging them to say something positive one of the analysts said could you please tell us something good i mean honestly, say something good tell me something good. >> wasn't there a time, though, where people looked at texas instrume

tech higher again, best perfper performing sector for the week so far in terms of nvidia, there's allould potentially be brought into the dow as well, which i think speaks to, again, how tech focused not only the market has been for years now, but also just the economy and the future of where the economy's going. >> yeah, which whether that really is going to translate quickly into entering the dow or not, and by the way, if that even matters anymore i would look back to tesla and apple stock splits last summer because there was massive runs in the stocks after the splits were announced, when the splits became effective, that was your nasdaq top for that moment and for those stocks for a while i mean, if that's the reason you're buying, it's kind of similarly. presumably it's not the main reason people are buying nvidia, but who can tell. >> we're waiting on that arm acquisition, which continues tto be a real question mark. let's not forget, we began this week with facebook crossing the trillion dollar mark in market value as a result of the success they had in terms of throwing out t

i called them da vinci it was nvidia, up 49%. this company was a $15 billion company five years ago? now, it's $510 billion >> that is incredible. >> incredible. well, even more incredible, as you know, the uk authorities have basically said, listen, this is national security. this weekend, david -- >> whoa, you're jumping ahead. you have to explain. the arm holdings deal that nvidia is pursuing to buy it from softbank. >> sorry. >> which controls it, owns it. >> $40 billion largest semiconductor. >> they tend to be somewhat confident they can get it done from a regulatory perspective. they're almost alone in that view >> well, no. simon seagers, the ceo of arm, came out this weekend and said there is massive potential for combined expertise to push the technology of the future to new heights. he said people say they should do an ipo. no what would happen again? they'd have to suffocate innovation deliver short-term revenue growth and profitability they basically couldn't move fast and innovate. the authorities are saying to mini

we are supported by these television companies and more, including nvidia comp. -- including mediacom. media, supports c-span as a public service. along with these other television providers. giving you a front proceed to democracy. -- a front row seat to democracy. very good tuesday morning to you. as you are calling in, recent research polling on various aspects of u.s. society, americans and what they think on climate change. 62% say that large businesses and corporations are doing too little on climate change, just 8% saying that large businesses and corporations are doing too much. when it comes to ordinary americans, 66% of adults say that their fellow americans are doing too little. when it comes to environmental advocacy organizations in the u.s., 29% saying they are doing too little. 22% saying they are doing too much, 48% of u.s. adults saying environmental advocacy organizations in this country are doing about right on the issue of climate change. those numbers are from this spring, the pew research center.

great to be back good to be with all of you josh brown aside from those, crowd strike which is yours, nvidia, which is yours and they are ripping. >> yeah, as of this moment, like two months ago where everyone was like, cyclicals, like, you have tos be in these companies that were founded in 1890 and pull copper out of the ground and turn it into pet rocks supercool. but in reality all that was really happening beneath the surface was the growth trade was biding time. you saw the epic setups forming, really long bases, amazon such a great example of that. we talked about the bigger the base the higher the space. amazon has been basing since july of last year. this breakout, which today is absolutely epic, is almost 12 full months in the making. there were a lot of charts like that so now the cyclicals are getting lack the xle down 3%, hitting the regional passengers. there is a lot going on right now. but people are returning to the companies that they know, even if the economy has peaked in terms of its growth rate and starts to decelerate, they know these companies are not peaking, are not

and it's an interesting performance return this year you have nvidia up almost 50ers% intel up 6% and amd down about 1% on the year there is wide performance divergence there for me this is the stock that works well for my strategy, my portfolio and my time horizon. you need to know what kind of investor you are and where you're going with it >> yup okay that's fair >> not that i care >> we're coming back with portfolio moves from our investment committee we'll do it next ence, hyper pere that takes you further. at the lexus golden opportunity sales event. get 0.9% apr financing on the all 2021 lexus hybrid models. experience amazing. get 0.9% apr financing on the all 2021 lexus hybrid models. experience amazing. ♪ ♪ ♪ cisco. the bridge to possible. baaam. internet that keeps you ahead of the game. that's cute, but my internet streams to my ride. yeah, well mine's always got my back. okay chill, 'cuz mine's so fast, no one can catch me. speed? we'll show you speed. wow! -that's nothing... ...because my internet gives me a flex 4k streaming box for free. impressive! that's 'cuz you all

>> love it largest holding in my portfolio besides nvidia for individual stock holdings totally agree with jon this 5g supercycle is beginning to materialize the revenues up 50% year over year anecdotally, i was on the beach on long beach island two weeks ago. on the 5g phone, i was getting 2 gigabyte download. i'm paying for business internet we could live stream from the beach. this 5g -- this is real. they are generating massive amounts of free cash flow and plowing that into stock buybacks they could produce free cash flow next year going into share buybacks the gross margins are 37%, 39% they just pumped up to 42.5% so the margin is getting better i know the stock is underperforming but look what it's done over the last five years. another one like microsoft you just have to own it. >> now we need to see you on the beach and compare the quality of the signal >> i'm in. >> thank you all very much >>> coming up -- are munis the big money play one strategist says they're the best bet for high net worth investors looking for a tax haven. >>> plus, shares of alaska air trading higher

companies like nvidia, broadcom, the various power companies.e have to think about this like we do the internet. some of the end consumer platforms where the estimate of 800 billion is organized but we have to think all the way down to the companies who produce the hardware we use to access the meta-verse, the computer chips. the companies that need to deliver this at ever-increasing bandwidth and reliability. all the way down to netflix and tinder who have to find new ways to exist in this averment. emily: curious how you see the worlds of d5 and the meta-verse potentially converging. this is another 10 knology folks -- technology that some folks are really bullish on and i imagine there is some intersection. >> for a very large contingent of the population, blockchain is synonymous with the meta-verse. i cannot believe it is not a strict requirement. all the things that blockchain does can be done through other means. the question is is it a superior way of doing said things or is it the likely way to which we do that? the best technology stan

. >> caller: i love the picture of your rescue dog, nvidia. >> i miss nvidia. >> caller: i love the picturef you in your garden wearing a suit. >> i love that wear that when i garden it's important, you have to be sty stylish. go ahead. >> caller: my question is about the steel company. >> sure. >> caller: hit the estimates yesterday, yet the stock continues to go down is this because the infrastructure bill is stalled in congress, or are there other factors and should i sell? >> first, thank you for all the kind words second, here's what you have to know leon was on this morning speaking to becky on "squawk box. i think that if you look in nucor's record, we're in year one of a multiyear cycle i want you as i did with the club when i explained on the wednesday call, i want you to buy more it's a great level to pick up some more nucor. if it goes to the 80s, buy even more go to steve in florida steve? >> caller: cramer. how are you. >> chief, i'm good what do you got. >> caller: i'm thinking about shorting carvana, and i want to tell you why. >> okay. >> caller: i've been in the car busines

nvidia off 9.5.covid concerns, norwegian, by the way, has sued the states of florida from prohibiting businesses from -- for prohibiting businesses from requiring proof of vaccinations. all down 12, 13, 15% down for norwegian. >>> all right. gamestop and amc trying to finish another rough week on a high note. maybe not. to how about gamestop? up 1.5%. amc down nearly 3%. and as charlie gasparino pointed out, turning negative here in just the final hour on amc are. the reddit all-stars going all cold in july, as you can see, down for the month. amc off 38 percent. gamestop off, well, nearly 21 percent. however, our countdown closer is still hot on the trend. joining me now, my good friend ryan payne. great to see him, president of payne capital management and host of the payne points of wealth. you're a busy guy, ryan. okay, meme stocks -- it's a big title, a really big business card. meme stocks, you're still not counting these out. you think there's still room to run. >> for the record here, i don't

that's the only legitimate thing you can say about whether or not to own nvidia.ely been one of the most expensive stocks in its category and it has continually gone substantially higher it's up about 12%. i tend not to look at the day-to-day i accept a lot of volatility from being a shareholder here. the software platform they've built for ai applications is probably the least known about part of the company that has the biggest implications for the next 5 to 10 years so we are all aware of the gpu business the data center business the cloud business on and on. i think the fact that they have built the de facto standard for ai software that every other company is going to have to build their stuff on is really the key here if you want to stay long the stock from here, which i do >> josh, one point that you just mentioned there, and i know anyone that's threatened too much about p/e multiples over the last decade has been wrong and had terrible performance because of it but does it keep you up at night thinking that might change at some point in the future or do y

before anyone sells nvidia on that, nvidia makes cards that they're selling. but why is it, david, i got to ask you, why do people not see it as the cold war >> i'm not sure that they don't. in the conversations i had this morning with some money managers, i mean, the biggest threat is china, taiwan. >> taiwan. >> a lot of people are concerned about that because if you keep going down this road and this level of aggression in our ca capital markets, but it were to extend beyond that you've talked about this many times. >> previous presidents -- i want to make sure you understand i will do something drastic if you touch taiwan i think people are testing biden. i think the russians are testing biden with their cyber attacks, and i think the chinese are testing biden with what they do first financially and then it will be -- >> you discussed prospect, the possibility could it actually happen that they would make a move on taiwan of course the chip making capability there is such a key to the overall world economy. >> people think it's going to be military they're

the resolution which made it possible for nvidia to become independent.hat kind of work is being done right now between u.s. and other multilateral groups? >> first of all, let me say i was excited that president biden appointed linda thomas-greenfield i know you know linda and our other speakers as well, cindy and ben, she has been an africanized, has been an ambassador to countries, so we have the tiptop representative in regards to africa, at a lot of what the security council deals with and also the peacekeeping lead by the united nations of the majority of the peacekeeping russians, they are on the -- and the majority of peacekeeping missions are on the continent of africa. our role in the united nations is critical and i'm glad we will be stepping up our involvement, including the support of those peacekeeping missions. when you mention the international front, i want to detour and shift to an experience i had last year when i chaired the congressional black caucus. the whole country was dealing, we still are, with the george floyd case, i received

that is true not just for large-cap but also some of the smaller companies like nvidia. romaine: we are at a point where you have to start to look at that as potentially short-term. if we were at the start of a cycle and we saw yields drop, i would understand why people would be partying. but the economy is supposed to be growing, right? you would think yields would be growing with it. >> what is very interesting, i was looking and thinking about it from the reflation trade perspective. the interesting it, when you look at earnings estimates, they have not come down too much for q2 or q3. what has come down is the now cast. when you look at the federal reserve bank of new york or atlanta, they are trending down for q2 and q3. what that says, at the margin, there is that level of disquiet out there. it is not just the fact that yields are coming down, but they are coming down for a reason. potentially, we saw peak growth and the relative to expectations growth is waning. caroline: i thought it was all technical to a certain agree. are you discounting that in direly, or th

move on to the low-risk stuff like the 10-year outlook microsoft has and their suite of product and nvidiaerest rates, that would be a problem, but not now. and their competition is so weak compared to the market they have so we get to look both cyclical, inflation and growth oriented here this is a rare opportunity >> there is some business tax deduction that encourages people to go out and buy pickup trucks even if they don't need one. there's demand from ford for the traditional f-150, the all electric one, for whatever it wants to introduce thanks, jerry. >>> still ahead -- kimco realty is reporting a faster than expected improving occupancy rate and hiked its 2021 outlook. the shares are up nearly 4% today and 43% so far this year the ceo joins us next. >>> you can catch this show any time, anywhere by listening to our following "the exchange" podcast. we're back in a moment age before beauty? why not both? visibly diminish wrinkled skin in... crepe corrector lotion... only from gold bond. ♪♪ the ey entrepreneurs access network has a tremendous impact on my business because it's given

amd stock is a monster lisa is in the same league as her competitor and nvidia is first place. they may be the two best designers of chips in america or the entire world when the xilinx deal closes by year end it will be additive to earnings making amd's stock look cheap compared to peers. another cramer fave they claim they shorted, alphabet used to be google. here's a company that is the best at what it does and does pretty much everything it has the best advertising model in the form of google search it's got the best one in terms of youtube, the latter reaching young people who no longer watch tv a great break for advertisers trying to reach that hard to reach cohort the best self-driving car and google cloud is already giving amazon and microsoft a run for their money. be careful new competitors, boy, i think this google cloud is about to explode best of all alphabet has some of the smartest people on earth if you listen to the conference call you'll hear i think they try to restrain their glee the way it used to be with netflix my legion of detractors alphabet has been a

share, ford or tesla remains the top dog i'd rather own the tech in ev space and i'd like to own nvidia that's not a cheap stock is it either luke? >> no, but the growth is there and there's not that premium that comes with everything that elon musk has, so you know, the technology is here to stay, cloud computing, ev's i'd rather bet on the trends that ev's are here to stay not whose going to win. charles: so let's talk about other, these other earnings, again, i made a baseball analogy earlier in the show to the yankees lineup. all the big most consequential names are out this week. who do you think is going to stand out? >> yeah, so right now the russel 1,000, 360 companies right now are going to report this week. there's going to be many stand out companies, some are disappointing but many stocks are trading two standard deviations above historical levels so the expectations are high and the stocks are even higher so i saw your tweet this morning about being cliche that is the stock picker's market so that's the true its thing i've heard all day long so talk about some of the semico

apple a name i own, nvidia a name i own. growth trade is working today as 10-year yield are falling. that is ominous. this is not the risk-on trade. it is largely defensive move today where you go to grow when you think the out years will be slower growth. charles: yeah. david, mitch, i got to leave it there thank you both very much. i hope you had a great 4th. we'll talk to you soon. >>> the media loved it, and the white house couldn't step bragging about it but i think the jobs report was a dud. brian wesbury with us in a moment to talk about it more. plus we're in the cusp of the greatest wealth transfer ever. oiler americans stocks piled $35 trillion. every society knows transfers like this are squandered. how do we avoid the fate of being human? stick around to find out. ♪. some say this is my greatest challenge ever. but i've seen centuries of this. with a companion that powers a digital world, traded with a touch. the gold standard, so to speak ;) it's another day. and anything could happen. it could be the day you we

you could pick your names and go to etf and smh >> but i will say that taiwan, mike, and nvidia, two stocks that are 25% of the smh. if those stocks don't perform, it is tough to see how the overall etf does. >> that is true. at same time i would say that the upside. >> you just bailed -- >> nadine, i would say he's so eager, he's started prepping are you worried about that concentration on that etf, nadine >> sorry, no i even look at taiwan semi, we have about 8 1/2 to one upside to down side so it might have broke ep some short-term trends but interimme interimmediate trends are still there. you could also just get a basket. >> thank you and mike if you're out there, thank you. and we are were sitting in front of the camera there waiting for tomorrow because "options action" is in 24 hours mike is ready to go. 5:30 p.m. eastern time check it out after the 30 minute "fast money" at 5:00 p.m coming up, forget netflix and chill. maybe it is time to netflix and game streaming giant may be making a big move toward making gaming a reality. julie boorstin up with that next >>> plus, happy

of course lam and nvidia are the top two performing semis today.e, let me go to you real quick on consumer spending. it is 2/3 of the economy. last week i've been pounding the table on the brick-and-mortar stuff. amazon helps consumer discretionary but i like the idea it looks to me the biggest reopening winner so far, you look at airlines, you look at cruise ships and look at brick-and-mortar names, macy's and kohl's they're killing it! can this go on? >> best thing invented for kohl's, is something called kohl's cash. every time she gets $50 in kohl's cash, she spends another $200 to get another $50 of kohl's cash. but you can go get the things there at different price. there is no differentiator. tj maxx, marshall's, home goods, ever since consumers got burnt, they shifted to value shopping. tj maxx, is a great shopping experience. home goods, the stock is playing the housing market with new homeowners looking to buy decorations. >> my mom turned me on to tj maxx when she was alive. i used to spend hours with her in burr linker ton and tj maxx,

let's move on and expand the conversation a good discussion on technology with the exception much nvidia has remained pretty darn hot get more on the inflation, on the economy, bond yield and the fed chair powell's testimony today. joining us one of our friends paul mcculley, former pimco chief economist, senior fellow at cornell university. paul, perfect day to have you on because you know -- all the stuff karen just said she was confused by, you're probably not. explain to us how we should view inflation because, do you know what, used car prices are soaring. do i need to worry about that in three months or what's the real inflation worry? >> i think that chair powell did a great job at explaining the dynamics today in that we've got a unique experience of reopening the economy after a medically-induced coma and the demand side a coming on much faster and much stronger than the supply side. that is what's going on. the demand side is stronger than horse rad dish and the supply side has got to catch up what jay was communicating today is he believes in a dynamic u.s. economy and that th

you might get there but it's not easy to scale cars like software other folks have mentioned to me nvidiale difficult if you of course need to make a bet i would go with visa they were $500 billion a bit of attack and financial services hybrid the company makes money on every transaction that runs across the payment network, its economic recovery and by the way the stock is returning 30% on average annually for the next decade it wouldn't take it too much longer to get to the trillion dollar. >> that's an extreme regrowth trajectory let's go to actionable idea, we will start with you been. >> i don't want to wait to hit a trillion dollars i'm looking at visa right now people are traveling in their still using it for e-commerce and we see people use their cars generally total consumer credit rose 10% that's the biggest increase since march 2016 the stock is looking really interesting. jack: postcode i'm not using cash much anymore. carlton which are suggested and might be a good time to rebalance if you haven't already this year the market hit all-time highs on friday were getting a ton of

set up and then we know that's not always going to break your way but we know that adobe broke out, nvidiad so netflixpresumptively will break out the implied move is 7%, closed at 535 you can buy at the money calls for the end of july at 20, the 535s, i would buy those. >> all right, our next viewer question asks this what strategy would you use to short term protect profits made on an apple september 17th, $145 call, mike, bought 2 bucks and 13 cents >> well, one way to do it is obviously spread you can do out of data calls preferably ones that capture earnings, slightly elevated in price, maybe the 150s or the 155s >> all right wrap it up there thanks as always for your tweets and your questions up next your final call of the week i'm searching for info on options trading, and look, it feels like i'm just wasting time. that's why td ameritrade designed a first-of-its-kind, personalized education center. oh. their award-winning content is tailored to fit your investing goals and interests. and it learns with you, so as you become smarter, so do its recommendations. so it's like my stream

apple, microsoft and nvidia, apple just a little below its own record high.cular stocks didn't really fall at all over the course of the last couple days indicating that some traders still consider them safe haven is the wrong way to say it, but a relatively safe trade momentum-wise. and also taking a look at the com services companies like the googles and alphabet and facebook as well, strong moves there, no real pullback in sight there as well. so again, some of these names have done pretty well. and by the way, just take a look over the last ten years at the relationship between technology that sector versus the s&p, on about '16 here, it really started to get wide. so yes, a consensus trade on the quote/unquote safe side for a lot of people. back over to you >> and you may call those mega caps, safe havens are perhaps the new value in tech. and we're also take a look at the biggest winners on the nasdaq looking at the laggards, as well chinese tech leading the way to the down side. >>> in just a few hours, it will be friday night, so check out shares of b

the analyst says is a crypto winter which means nvidia is in the crypto world.n quite a bit from those highs but they give nvidia a $900 price target. $100 in here. they see it benefiting in this is not from ai adoption, from the data center sales which get high margins by the way and oppenheimer's price target is greater at $9.25. teflon stock. ashley: all this despite the chip shortage. analysts are warning for china's crackdown on didi could hit tesla and other stocks. >> the warning comes from adam jones at morgan stanley. like walid phares is like collect mapping information, send the data so when china's cyber security regulator clamps down on that in the name of national security you have to wonder what other companies that do business in china collect data? is this a data cold war? they are raising the red flag and you see tesla down today, they are part of those concerns. ashley: very good, thank you very much. take a look at this op-ed in the washington times. it reads divisive critical race theory spits on the civil rights movement. byron donald wrote

and nvidia has consistently seen that >> all right thanks for that, mike.orrow for options action, that's a full show torr. moow >>> up next, we'll have your final trades it's a thirteen-hour flight, that's not a weekend trip. fifteen minutes until we board. oh yeah, we gotta take off. you downloaded the td ameritrade mobile app so you can quickly check the markets? yeah, actually i'm taking one last look at my dashboard before we board. excellent. and you have thinkorswim mobile- -so i can finish analyzing the risk on this position. you two are all set. have a great flight. thanks. we'll see ya. ah, they're getting so smart. choose the app that fits your investing style. ♪♪ [swords clashing] - had enough? - no... arthritis. here. new aspercreme arthritis. full prescription-strength? reduces inflammation? thank the gods. don't thank them too soon. kick pain in the aspercreme. millions of vulnerable americans dstruggle to get reliable. transportation to their medical appointments. that's why i started medhaul. citi launched the impact fund to invest in both

we have seen the tests, microsoft and nvidia now accounts for 27% of the s&p 500 index. how much of that is a risk as we get more volatility? kiran: the interesting thing about the u.s. equity markets is it is quite edged between the secular growth plays and cyclical plays. at the index level, things have been relatively calm even though we have seen rotation between things like tech and the reflation plays. if the index does start to concentrate, that is more of a risk at the moment. things like the u.s. equity market diversify themselves quite nicely. we talk about how to diversify across different sectors and regions. i think the relatively low volatility of the index level has been a good manifestation. dani: we definitely need to get into some of those other regions so you will stick with us. that is kiran ganesh, ubs wealth management. let's get over to the first word news with annabelle droulers. annabelle: starting in the united states, a handful of states with the lowest vaccination rates are driving the recent uptick. missouri, infections or cnet records not se

if you look at the chart, they point out the performance compared to apple, nvidia, amd. see intel it does has been lagging for a while. they need to up their manufacturing capacity and that is why this deal was important. let's see if it comes through. emily: all right. thank you so much for the roundup. have a great week. facebook critics say they have had enough. there are heading to washington in their battle to force tech companies to regulate heat speech. organizations like color of change, the anti-defamation league, commonsense media are hoping to use the white house to exert change. members anna edgerton. there is so much going on when it comes to tech --scrutiny in facebook in particular. talk to us about the latest developments. anna: the complaints we have heard from the civil rights birds are things going on for decades. they are worried about micro-targeted advertising that determines -- discriminates against women and people of color. they are worried about the hate speech and white support -- supremacy we see proliferating on the sites. despite the efforts

. >> you talk and we focused on in nvidia i wouldn't call beat up. >> a 4 for 1 split yesterday i would have -- well, selling is actually up today. >> yes. >> and david, hcap one of the largest peaks of the year moderating people are getting, like, the surgeries. the question is i think vaccinated people will continue to get elective surgery. then the -- potential opioid settlement how good it is for mckesson. >> a lot of news to get to but we've got a launch 2 minutes 43 seconds. >> what are you? walter cronkite? get your car washed? >> when he gets to mr. car wash time to go to morgan brennan let you take it away with about 2 and 1/2 minutes. >> reporter: the video we're showing exteriors of this reusable rocket and capsule on the launch pad here in west texas. give you a sense of the interiors, and what the future astronauts are likely experiencing having been inside that simulation capsule myself, that they had days of training inside six seats. partially reclined to help evenly distribute that g force, and -- a flight suit, but no other special gear as you can see -- retraction rig

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