this is a good one >> we'll see you back here pete najarian. contessa brewer with what is coming up on "power lunch. >>> coming up from washington to wall street the latest on the potential resignation of rod rosenstein and what it could mean for the markets the fish oil capsule that could be a game changer reducing the risk for many cardiovascular diseases >>> and tiger woods wins his first pga tournament in five years. what it means for the sport and the sponsors that and a lot more ahead. "halftime report" back after this so they say that some day ai will transform the human race. well, today you're a little busy transforming your call center. dealing with millions of customers a year, like this one. no, i'm pretty sure i didn't order a squirrel playing a guitar. that's why you work with watson. it works with your systems to resolve calls faster and improve customer satisfaction. i detected fraud and helped reassign a new credit card. honey, they're overnighting us a new card. woooo!!! woooo!!! for ai that works with tools you already use, c

plus, pete najarian is joining us for his unusual activity. how the options market is helping him make new trades today. stay tuned for those picks >>> and according to our data partners, since 2009 after seven down days the msci emerging market index rises an average of 2.7% one week later. her more go to cnbc.com. "t halftime report" is back in two minutes. alerts -- wouldn't you like one from the market when it might be time to buy or sell? with fidelity's real-time analytics, you'll get clear, actionable alerts about potential investment opportunities in real time. fidelity. open an account today. fidelity. this is moving day with the best in-home wifi experience and millions of wifi hotspots to help you stay connected. and this is moving day with reliable service appointments in a two-hour window so you're up and running in no time. show me decorating shows. this is staying connected with xfinity to make moving... simple. easy. awesome. stay connected while you move with the best wifi experience and two-hour appointment windows. click, ca

to tell me that. >> pete najarian the catalyst is out. to see what would happen the stock is down significantly. is it time to cover in your opinion then it sounds like that's what you are saying >> it depends on your risk tolerance. people are short the stock for different reasons some are people long the stock. everyone who is short the stock says, it's a money losing car company it'sgoing to continue to lose money and slow demand. people owning the stock think elon is the visionary and a small setback in a greater story. in that case it's the most overdiscussed topic out there. but, the key thing is i don't why people are surprised we he made the statement it wasn't true the s.e.c. had to charge him it's not -- every ceo you couldn't be a short sheller. every ceo could come out saying they are thinking of going priefrt. it's not a shock that this happened. >> andrew we leave it there. thanks for phoning in appreciate it andrew left. >> bye. >> >> he hit a good point is it good or bad if the ceo is removed after hearing the briefing. >>

pete najarian?activity and have more buying now with symantec i think it goes to the upside. >> jon >> spotify why? because spot, s-p-o-t, the hottest. they do have unusual activity, too, out in january. spot >> got it. thank you. anastasia? >> i'm look to go chinese internet names, u.s. tech tech e year and china tech is down about 18% for the year that is one of the trades that is trading much better valuation. if you think emerging markets can stabilize here, we want to go to the second opportunity within that, which is china it ek . >> jpmorgan. 170 and highs 119. it breaks the 119 and going to go all the way to 130. >> we're going to let you two go thank you very much. >>> john and pete, stay tuned. a very special segment after the break. super model and philanthropist petra nemcova is helping those impacted by natural disaster a good 360 a segment after florence you can't miss stick around >>> the call of the day or unusual activity with, no problem, go to cnn.com/halftime to see the moves, tr

click, call or visit a store today. >>> hi, pete najarian. all you have to do is submit your questions to cnbc.com/halftime. we're here for you >>> get us on twitter with the #askhalftime >>> all right. welcome back costco shares have rallied 45% in the past year wells fargo stepping to the sideline the analyst down grading it. maybe this is as good as it gets it's our call of the day steve, what do we do with it >> there are conflicting currents here. number one, i thought the stock was overvalued for a while so in terms of that, i agree with what he does. the consumer is extremely strong my issue is their online strategy >> i was wondering if the danger is downgrading anything out of the discretionary space if you consider costco half discretionary, half staple, however you want to look at it it is a place to go and get out your big wallet. >> it's priced to perfection right now. it's had this great run, up 50% or close to 50%. it just hit a high of 245 on tuesday. i think the interesting part is what you just brought up which is online. we

click, call or visit a store today. >>> hi, pete najarian, we're here for you guys.e want to answer your questions. all you got to do is submit those questions to cnbc.com/halftime. we're here for you >> go to cnbc.com/halftime or get us on twitter with the #ask halftime >>> welcome back to "the halftime report. i'm dominic chu. shares of columbia property after a report that the company is exploring a sale. that's according to dow jones citing source. columbia is a recent trust that turned down joint ventures in the past year until a bid to shore up its balance sheet that's what's driving the shares, guys back to you. >> appreciate that bank of america out on an embarrassed note, chevron and conocophillips downgrading them to neutral pete, you own chevron. >> i do. >> you disagree that they say the tail wind from this recovery in oil prices is all but over. >> yeah, why i disagree. a lot of these oil stocks mo s y chevron as well. oil somewhere near that $70. when you look at chevron when you look at what they're doing with the repurchase program which is not just f

pete najarian joins us live from minneapolis.eporter: hey, great to see you, scott you talked about intel and what we're seeing today is some very large buying buying we're seeing is in the very first week of november. and so that actually does include the earnings that will be october 25th, scott, somewhere in very late october this does include that but they're buying 9,000 of those november calls, the first week in november. they're buying those calls, selling some upside against that, some putts as well what you're focusing on they're buying these calls, everything that trade encompasses is bullish. so can this stock finally start to break to the upside i love what we're seeing on these calls. i just added to my intel just last week, i think part of the issue right now has nothing to do with earnings and all to do with who will direct this company? who will be the ceo? cigna has been up and down and all around if you look at that chart from the beginning of the year, very, very volatile. looks like it wants to move higher the

speaking of pete najarian, he's next with us for unusual activity we'll tell us one stock he's tracking it surged 45% in a month will that continue that's the big question. we'll try to answer it next through the options market. >>> first, though, the s&p sector check, you see the s&p down 13.5%, utilities are in the green. it's pretty ugly elsewhere at least modestly so on this unofficial day of the edged of summer halftime reports back in two minutes. vi to retirement, it takes someone with experience and knowledge who can help me build a complete plan. brian, my certified financial planner™ professional, is committed to working in my best interest. i call it my "comfortable future plan," and it's all possible with a cfp® professional. find your certified financial planner™ professional at letsmakeaplan.org. you mighyour joints...ng for your heart... find your certified financial planner™ professional or your digestion... so why wouldn't you take something for the most important part of you... your brain. with an ingredient originally discovered in jellyfish, prevagen has been shown i

three with advancing e-commerce and technical capabilities >> joining us to discuss is karen and pete najarian afternoon to you. it's had a decent run already but another upgrade. >> i'm sorry, i couldn't hear you. had a decent run but what? >> but another upgrade how much more upside is that >> it's getting pricey they've done a great job phase one and phase two. obviously e-commerce is a big thing for them however, at this price when i look at companies in the middle of transformation, i would rather go to target which is maybe a phase behind but they're making progress. they're making progress and trades a lot cheaper than walmart so that's where i would go if i had to be in the space, which i like to be in. >> what do you think, pete >> target. i own target for that reason i got in at about the $50 range and continue to hold on. i continue to hold on and this is why when i look at this thing, and it's trading at a 15 and walmart trading at a 20. when i look at margins, it's not comparable walmart, 50% of the revenue comes from grocery that's low margin. when you look over at target, you ha

pete najarian. tim i sold my tilray seymour tonight tech stocks under pressure despite the broader rally and one small company predicting the rally for the space. plus a stock that has wall street, pizza man, mom and dad talking. tilray practically broke the ticker halted not once, twice, three times, five times turning negative at one point before finishing higher by 40%. so crazy we are ditching the bitcoin bug that's out giving you what you want. a tilray bug there we go. we'll be on tilray watch the whole hour and you won't have in any reason to look away from the screen if that doesn't mark the top nothing else will. well have more on the story later in the hour. but first we start off with dreams coming through waiting for the bank stocks to rally check out citigroup. jp morgan and morgan stanley jumping today at rates moved higher are the banks out of purgatory for good pete what do you say. >> i don't know if they are, but i like the start what we see right now. when you see the 10-year appr

> with us today to debate and trade the biggest stories of the day, joe tear nova, jon and pete najari najarian and sarat setee and liana barton eaton-vance poifrtfolio manager. >>> amazon shares can they reach $2500 apiece, that's the call today from steeple's scott devitt a big jump from your previous price target of 2020 who how do you get there >> amazon has a knack for building businesses out of thin air. they have a new business advertising, that's scaled for a few years that's going to be doing about $20 billion in revenue by 2020. that's $100 billion cap business in terms of market value alone a business that is somewhat newly created. if you begin backing up in time, in terms of these businesses that amazon has created. aws started in 2006 and our conversations nnlly in our team in talking to our software team, they tell me this company is a public entity. is $600 billion plus, we assign a $500 billion value to it as a component of amazon's business, and if you look at the oldest business, the retail business started in '94, including prime and logistics, the device business, alexa and

here to debate and trade the biggest stories of the day joe tear nova, steve weiss and john and pete najarian and megan shue, a chief investment strategist we do begin with new records in the dow and s&p. caterpill caterpillar, amex. banks are up, hard to have a down market if the banks are going to wake up. >> we've talked about the industrials over the last week or so we talked about the healthy rotation, we've seen a lot of technology selling off of particularly yesterday we were talking about the f.a.n.g., when you see other areas starting to take the leadership roles, we've seen bowing and caterpillar, we've seen 3m moving to the upside throw in the financials and suddenly everybody loves the banks when they start to get to those levels once again. it hasn't been about the velocity of the move that they've been fearful of in the past it's been a nice steady move out of the ten-year. >> jp morgan has been pushing on a 52-week high cat pillary outperform at baird, nike, got a price target raise what trade skirmish war, whatever, market doesn't care about any of it. >> it's a perfect soluti

pete najarian.our tonight tech stocks under pressure despite the broader rally and one small company predicting the rally for the space. plus a stock that has wall street, pizza man, mom and dad talking. tilray practically broke the ticker halted not once,