and david taylor procter & gamble. and greg hayes of united technologies corporation, and i want to tell you all this american is grateful. to you and what have you done, amazing job you have done. we thank you very much. i would like to come up say a couple words if you might, about your company, mike come up here, come up, please, come up. say what you do. because it has been really incredible. mike. >> well, my pillow is u.s. company, which has been forced on adjust to changing business environment as a pandemic. my pillow motioned a u.s. company funds z as manufacturer logistic management distributor and direct to consumer, given our business lines we're experiencing the effects of this pandemic, but my pillow established an internal task force, monitoring future needs of companies across the country as a result of this pandemic, and given our position we have researched and developed new protocol to address the current and future needs of u.s. businesses across multiple sectors. how companies are prepare themselve

>>procter gamble has been around for a very very long time decades and this isn't the first time we'veseen people kind of go into a panic trying to you know get things you know an emergency stash of things is the first time or has a proctor and gamble seen anything like this you know we had y 2 k we had the whole 2012 potential apocalypse do did you see that they see anything similar to this back then and if not if it was a similar how did it compare. >>you know i can't speak on that specific situation by only joined the company a couple of years ago, but i know for sharman in particular we have experienced the level of volatility similar to that before. it's not our first rodeo kind of how are putting at what we have the best people involved with our work for tv, extremely responsive and adapt to situations. he provided people after 4th quickly as possible. >>so you guys are on you know overdrive with sharman with the toilet paper when will the store's be restocked but when can i go out and buy some toilet paper if i wanted to. >>you know we're shifting all the time so it. simply a ma

david taylor of procter & gamble. and greg hayes of united technologies corporation. and i just want to tell all of you that america is very grateful to you and what you have done. amazing job you have done. we thank you very much. i would like you to come up and say a couple words if you might. come on up. come on up, fellas. please, come on up. say what you're doing. because it's been really incredible. go ahead, mike. >> ok. my pillow is a u.s. company which has been forced to adjust to the changing business environment as a result of the pandemic. my pillow is uniquely positioned as a u.s. company that function s as a manufacturer, logistics management distributor and direct to consumer. given our current business lines, we are experiencing the effects of this pandemic firsthand. but my pillow has done with the established and international task force which is monitoring future needs of companies across the country as a result of this pandemic. and given our position, we have begun to research and develop new protocols to address the current and future needs of u.

david taylor of procter & gamble. and greg hayes of united technologies corporation. and i just want to tell all of you that america is very grateful to you and what you have done. amazing job you have done. we thank you very much. i'd like you to come up and say a few words about what your companies have done. come up. say what you're doing. because it's been really incredible. go ahead, mike. >> ok. company whichis a has been forced to adjust to the changing business environment as a result of the pandemic. my pill is uniquely positioned as a u.s. company that function as a manufacturer, logistics management distributor and direct to consumer. given our current business lines, we are experiencing the effects of this pandemic firsthand. but my pill has done with the established and international task force which is monitoring future needs of companies across the country as a result of this pandemic. and given our position, we have begun to research and develop new protocols to address the current and future needs of u.s. businesses across multiple sectors. how compan

the company california procter & gamble on similar list to keep running in ventura county. in the north bay several hundred have come together to fill a critical need. they are sowing mask to protect healthcare workers on the front line. debra be alone has the story from petaluma. >> reporter: sewing machines are humming in sonoma county. >> they can be worn fitted like that. >> in 5 days 250 masks, made and distributed. >> there is a pocket you can put a filter in. >> reporter: with request for 2500 more. >> what can i do, sit at home, that's as good as it's going to get now. i guess i can do this. women are afraid for their families. as a mom i will do whatever i can. >> reporter: baffert began with a handful of moms, not even a week ago and now 700 people are sowing. >> for people that don't have anything number 1. but to also help them extend the life of their current masks, because they are running out. >> all levels of sowing to participate. >> reporter: organizers have boxes of to pick up fabric and drop off masks. they sowed for their families before, thrilled to ge

david teller of procter & gamble and greg hays of united technology corporations. i want to tell all of you that america is very grateful to you and what you've done. maizie in amazing job pe have -- you have done. mike, come on up. come on up, please. come on up. you have to say what you're doing it's been really incredible. go ahead, mike. >> my pillow is a u.s. company which has been forced to adjust to the changing business environment as a result of the pandemic. my pillow is uniquely positioned as a u.s. company that functions as a manufacturer logistics management distributor and direct to consumer. give our current business lines we are experiencing the effects of this pandemic first hand. what my pillow has done is monitoring future needs of countries across the company as a result of this panpandemic. we began to research and develop new protocols to discuss the current and future needs of u.s. businesses across multiple sectors. how companies will prepare themselves when they once again open up and changes to their current operations in order to adjust t

procter & gamble, and greg hayes of united technologies. i just want to tell all of you america's very grateful and have done an amazing job and we thank you very much. i'd like you to come up and sing a couple of words if you might. come on up, fellows. you have to say what you're doing because it's been really incredible. go ahead. >> my pillow is a u.s. integrated company which has been forced to change the changing business environment as a result of the pandemic. my pillow is uniquely positioned as a u.s. company that functions as a manufacturer logistic management distributor and direct to consumer given our current business lines we are experiencing, but they are done with establishing an internal task first which is monitoring future needs of companies across the country as a result of this pandemic. we develop new protocols to address the current and future needs of u.s. businesses across multiple sectors. going to prepare for changes to the current operations to adjust to future threats and pandemics. my pillow has designated a ca

off the water as far as we know, but -- by the way, they're making plenty of toilet paper at the procter oxnard where they're working extra shifts supply is not a problem, but there are these hiccups as everyone goes up and hoards and they're rationing toilet paper purchases. >> i just had to say it and i know you would appreciate it, jane >> one farmer recommended -- one farmer recommended corn cobs, old fashioned. >> old school. >> jane, thank you very much jump in the pool behind you and clean yourself right off >> we just wrapped up an historic week for the markets and what might be next with ubs's mike ryan. - [woman] tyler used to smile a lot less and wasn't the most confident guy in the world. and now, tyler smiles all the time. tyler loves his hair and is finding his confidence, thanks to hair club. [man] in fact, every seven minutes, someone makes an appointment at hair club. why? because we offer time-tested, proven solutions, that have already helped over half a million people fall in love with their hair again. people like bobby, he's a professional motivational speaker, whos

one thing that is interesting, the procter upgrade, procter was up to $87 on that day when we thought we would go into recession. now it's at 108. it says be careful these stocks, i remember that we could have a t.a.r.p.-like moment where -- talking with andrew in cross talk, where you had t.a.r.p. pass, everybody breathed a sigh of relief and then you were gob smacked. if you like that call, you are paying up today versus the people who bought in the last half hour of the press conference i thought the press conference was okay, they were selling throughout that. so be careful when you come in and buy up it's not been a rewarding situation for a single day in this stance. single day it's been a mistake. maybe today is different >> you are still in a sell the rallies and cover the crashes? >> yeah. >> at least until you get a sense that the bottom is truly reached? >> it's the opposite of buy the dips i do think that selling -- i think now instead of selling -- i felt like you should sell everything on a big rally friday afternoon. now i think you sell lower quality. you do have to st

procter & gamble you see just opened there, down 2.9%. some of the banks, you can see further out, citi group, go out there in the distance, you can see citi group there down 13.7%. so slowly but surely the green bands are going away, and stocks are opening at a slight slowdown as we moved into the market getting open here. again, you want to be in a situation where you open the stocks right that's the nyc's attitude for many years that means a balance between buy and sell orders. that why you're seeing the stocks just starting to pen. we'll keep an eye on this and give you an update in a couple minutes. >> thank you very much >>> coming up for the session lows of about 2000 points a few moments ago, jim, gold down says a lot. right? >> yeah. i think there liquidation there, too. what a great opportunity i know deflation people say well, why on gold? i say you need something to give you peace of mind. and i think gold gives you peace of mind. 10% of your portfolio should be in gold if you don't know what to do, buy the gld or the bullion.

i'm a look at it another thing no treats i'm just saying something made by procter and gamble in order to make pringles sustainably applies to bring those needs to go for 5 times at least and probably move. it off having to fork over something doesn't appeal to me even as a child i didn't like that everywhere there are products that given how dare she didn't really exist at all to destroy of all types of products for a toy. furniture household appliances electronics for communication and entertainment and to test. the right car you got out of my marriage yeah i've been in mourning and. i'm not really on the commute thinking of turning back. so the each journey is not. nice for you because you're not taking every chance so you know they stand on their person and you don't live near or you know the new john because there's just trash as far as i'm concerned now moved us just like they don't really make anything that's worth keeping anymore now it's all plastic. you know there's nothing i mean you know you go buy a new a new and it's not going to look like an old family all fans are actua

i'm a look at it another way no treats i'm just saying something made by procter and gamble in order to make pringles sustainably the price of pringles needs to go up 4 or 5 times at least and probably more. to it at the thought of having to fork over something doesn't appeal to me even as a child i didn't like that the everywhere there are products that to be from hot air but you shouldn't really exist at all to destroy all types of products for a. furniture household appliances electronics for communication and entertainment. into the east coast on. the right in kind are you got a more american yeah i don in the morning and. i'm very honored to be thinking of turning. something and you're. so rich john is not. nice for you because you're not taking a return so you know this turns you why there isn't you don't live here or you know the new john because there's just trash as far as i'm concerned you know. us just like they don't really make anything that's worth keeping anymore now it's all plastic. you know there's nothing i mean you know you go buy a new a new and it's not going to

i'm a look at it another saying no treats i'm just saying something made by procter and gamble in order to make pringles sustainably the price of pringles needs to go up $4.00 or 5 times at least and probably more. to it the thought of having to fork over something doesn't appeal to me even as a child i didn't like that everywhere there are products that even hot air but you shouldn't really exist at all to destroy all types of products for a time to no furniture household appliances electronics for communication and entertainment and taste of course all. right now are you hearing out of more american yeah i down in florida. where you can read thinking of. that and there are so rich german is not. nice for you because you're not taking it returned i suppose you know they stand on their version and you don't. you know the new jonkers is this just trash as far as i'm concerned now. us it's like they don't really make anything that's worth keeping anymore now it's all plastic. you know there's nothing i mean you know you go buy a new a new and it's not going to look like an old family all

it's not bad let's take a look at procter you're getting 2.74. that's not enough. i'm doing yield analysis i'm looking for stocks that have an accidentally high yield because their stocks have fallen and i'm looking for stocks that are not appreciably that far from their lows within the last two years. >> and that have a reason for being in this new world order. >> yeah. and that when the smoke clears, when the illness goes away, they're necessary. darden reports this week, i mean, that's a tougher one do we need olive gardens we need those people to have jobs who work there. i think that's a secondary your first checkdown if this is going to be football, your first checkdown is to look for companies that have a lot of cash that are going to be needed after the illness is conquered the second is, what companies have good dividends and decent cash flow that i think can get through this and the third one is to say, i don't want any of these companies because they can be cash strapped and there you're thinking about retailers, restaurants, airlines, travel, leisure, h

we're alrea give a special thank you to our partners, procter & gamble, for making a $500,000 doe nationo a total of $1 million, $1 million in donations already. what an amazing way to start off the night. let's keep this going. we can do this. stop your hand washing, talk a break, get out your phones and don't eat right now, then go back to hand washing. ♪ >> our emergency room is inundated with patients who are battling the virus, and our nurses are raising their masks, gowns and shields. we're working long hours. >> just finishing up my medical rotation and seeing some really horrific things, but we're banding together and doing everything we can. >> despite the risk, despite the repeated exposure, they come to work every day and work tirelessly to provide care for our patients. >> my co-residents are actual heroes. people in the e e.r., the janitors, the nurses, everyone is really pitching in. >> we are the front lines. we are the first point of contact for every patient. >> just want everyone the stay at home and take this seriously. >> the soon or we can flatten the curve, the soon

johnson & johnson, procter & gamble more than 5%.you watched red, some of the things in the business press, he would see a number of headlines like this one. joe biden scores big super tuesday stock market source. i was just suggesting some of those clever headline writers that they consider the fact that it was the uncertainty surrounding certain socialist candidate for president that put real life to this market today. the real story sometimes is right in front of them. let's turn now to what is ahead here and up next, lindsey graham, he's doing it again. he opposes the president now, that's right. this time he's opposing the president. this time over pfizer reform. will be joined by congressman doug collins. congressman devon newness in the show and also of the senate minority we are, chuck schumer is actually threatening, threatened to supreme court justices. will show you exactly what he said and what must be done about it. among our guests, now take that up. steak with us, will be right back. ♪ ♪ it's surprising how the bigger

procter & gamble.those are the stable names because they are good capital allocators generating favorable free cash flow. along the way, i want to look at this opportunity and say it is going to be good for the consumer, maybe less for industrials, because capital spending may be delayed still. i want to look at the consumer stocks that are going to win. i want to look at financial stocks that are going to be the beneficiary of what people think about how we do that at home and maybe not do it themselves in the physical bank. scarlet: that is really interesting to hear your position. i specially think so, given that participation today's more muted as well. just before the closing bell we saw volume in the dodw, present and and the net-- s&p, nasdaq below the 20-date average . david, because you are so focused on the bottoms-up story come i'm sure you will be dissecting the corporate earnings when they come out in a couple of weeks. how much faith would you put in anything that ceo's are able to say, g

second, procter & gamble now they already told us there could be down side to its numbers thanks to copd they said that in a conference earlier this year. any company that's called out the damage is likely to be those that haven't stocks had a big run from the bottom i would say it would be worth buying at lower levels but not here third, giant insurance company, the problem with insurance is they take your premiums and then invest it to get a better return they can't get much return these days and the stock market well obviously that's a disaster. i suspect the numbers for travelers are just too high. you can't own stocks where the numbers are too high and no. fourth, united technologies, it's about to merge and then split the company and aerospace and elevator business and climate control business the elevator business is not there. who cares about controlling energy costs this really isn't the kind of business that you want to own going into recession no thanks. it was thanks to the apparent demise of bernie sanders well, at least the presidential campaign right? he's still in but i d

my pillow, haynes, jockey, procter & gamble, raytheon, all hands on deck ramping up the mass production of masks and gloves and other vital medical supplies. and by the way breaking today after getting emergency approval from the fda, abbott labs -- this is huge -- they have successfully created a test for covid-19 that can get the american people results in around 5 minutes and every state will now receive at least 15 of abbott's testing machines which can perform up to 50,000 tests per day. we have more good news from the treatment point and the front they are. we've been telling you about this antimalaria drug. used for lupus as well. hydroxychloroquine has now been authorized for emergency use nationwide after promising results from several preliminary studies. now, the pharmaceutical giant which is described as one of those evil pharmaceutical corporations by many people on the left and the media are stepping up too. they're donating 130 million doses of this drug for treatme treatment. and meanwhile, israeli pharmaceutical giant announced supply with 6 million doses already anothe

feeding america and the first responders' childrens foundation and thanks to $500,000 donation made by procteratched by fox, the concert raised over $1 million. jillian: it was really awesome to watch. one of these doctors, one of the incredible doctors was on "fox & friends" last week and they went viral, obviously and last night they performed an incredible rendition of john lennon's imagine, take a look at this. ♪ imagine all the people. ♪ living for today. ♪ jillian: i mean, wow. >> dr. william robinson playing the piano, resident at the mayo clinic in minnesota, performing after their shift. this is something they posted on their instagram account that went viral. chrisy wrote oy, someone get this doctor a record deal just as good as everyone else in the tv concert. both doctors say they did that tough time. jillian: so beautiful. rob: that is awesome. dave grohl from the foo fighters, great band. let's take a listen. >> i'd like to dedicate this song to all the people out there who are on the front lines that are doing their best to get us through all of this. ♪ there goes my hero. ♪ wat

i think you can go bargain hunting and find different value in companies like procter & gamble and pepsisafe and give you a steadier dividend and not as volatile. cheryl: which is good. some of the healthcare companies are interesting purchases right now in the middle of the coronavirus. president trump was tweeting at 1:00 a.m. eastern time at jerome powell. he wants interest rates cut. he says the fed is not doing enough. the fed is meeting this month do you think we'll get 50% cut. >> it seems like it's coming. the fed may be forced to do so. i was critical of the fed when they were raising rates. they've corrected. i think they'll want to see economic indicators come into play before they make a decision. they may surprise the market which would be bad in the short term. cheryl: that would be bad for the markets that day. today is super tuesday. wall street is certainly taking a close look at bernie sanders and his rise in the polls has been blamed for some of the market volatility, the jittery side of markets if you will. how closely are we looking at bernie sanders now and how nerv

the job they're doing, that mike pence is doing, that the task force is done, that honeywell and procter & gamble and mike and all of these people have done. i'm very proud. it's almost a miracle the way it's all come together and instead of asking a nasty, snarky question like that, you should ask a real question than other than that, i'm going to go to somebody else. please go ahead. >> you expressed some concern in the past the medical supplies were going out the back door and that perhaps some hospitals were doing things. >> president trump: i expressed what was told to me by a tremendous power in the business. he said it at a new york hospital for a long period of time, he was giving 10,000, maybe maximum 20,000 masks over a short time and all of a sudden, he is 300,000 emma and i said no matter how bad this is, could that be possible? he said no. so there's only a couple of things that could happen. is it going out the back door? and i reported it to the city and let the city take a look at it. but when you go from 10,000 masks to 300,000 masks over the same period of time, there's

join him to discuss their efforts to help with emergency relief including the ceos of honeywell, procterble, jockey, united technologies and the guy from my pillow. >> our president gave us so much hope when just a few short months ago we had the best economy, the lowest unemployment and wages going up. it was amazing. with our great president, vice president, and this administration and all the great people in this country praying daily we will get through this and get back to a place that's stronger and safer than ever. >> thank you. thank you, mike. appreciate it. please come on up. >> i did not know he was going to do it. but he's a friend of mine. i do appreciate it. >> jimmy: well, you know what? you invite the guy from my pillow, you made your own bed. literally. meanwhile, and i hope trump doesn't find out about this, because he will be very jealous. a bakery in rochester, new york called donuts delight is selling donuts featuring the face of dr. anthony fauci. there he is. his face is printed on top of a thick layer of butter cream. making donuts to bring attention to a health c

we were talking to clients yesterday about some of the stocks they own, disney, procter & gamble. be around a year from now. stay the course with those positions but look to be opportunistic. charles: are you beginning to nibble just a little bit here in equities? >> yeah. we absolutely are. you can't pick the bottom. there's extreme opportunity out there. charles: always appreciate it. dow jones industrial average up 764 points. we are not at the highs of the session but there's this last hour of trading. liz claman, i think it will be another wild one. liz: it could very well be. we are still looking at heavily leveraged sectors like energy names. for now, investors' luck may be shifting on this friday the 13th, one day after wall street saw the biggest selloff since the 1987 crash. the dow has clawed back 760 points of thursday's stunning 2352 point loss. there is still a long way to go. the s&p 500, well, up 90 points, lost 260 yesterday. the nasdaq is attempting right now to erase at least some of the 750 point loss. it's up 240. whether this rally holds or fades depends on w

does remind me other upgrades to watch as well, which we'll get to including ulta, procter and others when we come back, the president and ceo of cigna, david cordani, will join us this monday morning. yes. it's the first word of any new discovery. but when allergies attack, the excitement fades. allegra helps you say yes with the fastest non-drowsy allergy relief and turning a half hearted yes, into an all in yes. allegra. live your life, not your allergies. >>> welcome back to "squawk on the street." let's get over to bertha coombs who joins us with a special guest, he's cigna's ceo, david cordani. >> thank you very much cigna was the first insurer to move to say it was going to cover all of the costs on covid testing, now it's joined with humana to say it's also going to be covering first dollar costs for all of the treatments for coronavirus patients, not just hospitalizations, but also future medications, future vaccines, and they'll do that both in network and out of network. david cordani joins me now to talk about that decision david, how did you come to this decision and what

coke or procter & gamble, those names are holding up much better overall. elsewhere, certain market gainers, largely consumer names as well. rite said -- rite aid is up, color exgot an upgrade buy recommendation, some are making some bold calls color exgot an upgrade but caterpillar got an upgrade hard to believe but some people are really trying to buy into the markets and there you see caterpillar holding up much better than the industrial brethren. >> thank you so much i should mention the white house briefing at 3:15 we'll bring you that live when it begins. over to mike santelli looking at the various key market levels. >> well, will, thanks very much. with the huge moves it is hard to kind of remember where we stand in the short and long term bob mentioned the s&p holding above the morning lows it's refused to go below thursday's lows. we basically have gone back into the vicinity of the december 2018 low but we only spent one day below that this was headed all up and i want to point out if you go back to where we first got around the levels in the mi

focusing on winners and losers >> i like this idea of the brands stay at home brands coming back procter has held up decently the last couple days down. it's led by tech and industrials. the money is going to flow back to the stay at homes franks, very good. i like -- i used it on my salad last night i have the same salad every night. my wife is cooking for everybody other than me in the hamptons. it goes on anything. maybe david is even sitting in his lulu sweats. i'm eating cereal for every meal we talked to the ceo of general mills yesterday. they are getting a lot of life into that category which was left for dead ahead of this crisis as american stocks up, you're seeing soup, smuckers. i'm bringing on all the ceos to hear how they're growing double digits now >> how about the center aisle of the super market hormel was saying it's never really been bad. they have a great dividend record the stock is terrific. i know spam, there are documented cases of the surviving thermal nuclear bombs. that's a joke. i think hormel is another stock you want to own. you want to own it >> it's -- sa

. >> goldman sachs, exxon, procter & gamble on the downside if you look at the s&p futures we moved in 100 point range. 2500 to about 2400 a little bit below that. remember, 2351, the close the old december 24th, 2018, closing low. that's the last mental technical level people are watching. sectors today energy a bright spot early on. industrials were none of this is holding. banks underperforming. consumer staples have been weak in the last day and a half utilities, we pointed out yesterday had a big discussion on this. one of the things they're looking at the senate may be moratorium on bill paying. that includes utilities disconnecting people that's an economic impact for them as well if you look at other things. consumer stocks as well. a little bit of weakness there remember, these stocks had big runups and a lot of people overvalued hard to believe in this environment. but you see some people having second thoughts about running up food stocks in this environment. i thought it was interesting that virtue announced the earnings today and announced a new expansion of their borrowin

a parade of c.e.o.s from procter & gamble and other places, but president was undersring he was doing wha he could do to get testing the testing is saying testing is ert as widely available as oth countries, including south korea. >> woodruff: yamiche at the white house for us today. thank you, yamhe >> thank you very much. i haven't we we want to look now at how ters responding to his leadership with our politics monday team, joining us via skype. that's amy walter of the cook political report and host of public radio's "politics with amy walter." and tamara keith of npr. she also co-hosts the "npr." politics podca you're with us. we're so glad let's talk about first the president's approval rating. amy, there have been a number of polls out, a few polls out showing president trump's support among the american people is up over what it was just a month ago. there's these numbers from the latest "wsashington t"/abc poll conducted last week has his approval rating up to 48%, 5-point bump from the month before. why do you see as somebo looks at polls all the time as behind this? >>, eah

technology executives and very high regard, but they look down on industrialists, manufacturers, procteramble, united technology and really looked out on people that use infomercials to send their product like mike. what really set them off first was saying read the they don't understand mike as a recovering addict. that's an affirmation for him. everybody understands that people recovering from addiction do that. and it's important to them. the other thing to understand is whenever a culture is challenged by a war, a pandemic, and economic depression, the culture always digs deeper into their face. it's happened throughout history every single time and the fact the media doesn't have the empathy for that, the business intelligence, the compassion to understand that really just makes me realize how shallow they are. on chuck todd and nancy, you can either be with us or you can be against us. some people in this country that are trying to help and there are some people in this country who are trying to divide. the president, the democrats, no one has been perfect. that's been much more cr

this is procter & gamble, folks, one of two dow 30 stocks in the green this hour. they got a buy upgrade. the stock is up almost 6%. and as boeing's recent winning streak comes the an end, treasury secretary steve mnuchin told maria bartiromo this morning the aviation giant has not asked and is not planning to tap the $58 billion in stimulus funds set aside for aviation. take a look at shares of boeing. as you can imagine, we have a selloff across the board. dow down 445 as boeing is a piece of the dow 30, down more than 8%. >>> from one hot zone to another. coming up next, we will talk to the california-based company that's helping to keep hospitals and schools online in the birthplace of the virus, wuhan, china and in devastated italy. "the claman countdown" coming right back. ♪ limu emu & doug [ siren ] give me your hand! i can save you... lots of money with liberty mutual! we customize your car insurance so you only pay for what you need! only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪ from anyone else. so why accept it from your allergy pil

the last three or four days clorox, walmart, which got an upgrade today, kroger, campbell's soup, procter & gamble, all notably outperforming the market positive for the most part the other story the opposite end we mentioned this on our special at 7:00 p.m. eastern time the destruction going on in the retail area continuing today these are not typos. l brand downs 27%, guess, kohll's. the consumer is not going to be shopping if and when the stores close and many are closed in the tristate area. i would note we have gotten a read on some of the metal names today. new u.s. steel and reliance steel and dow inc a material name rebounding a little bit still very, very tentative back to you. >> bob pisani, i will take it. now let's bring in david katz, chief investment officer at matrix asset advisors along with sam stover of cfra good morning to you. david, in this market which has been just so volatile, stocks down quite a bit, of course, it is time you argue for those who anything but a short time horizon to think about buying. who should buy right now and who should sell? >> well, basicall

same with procter & gamble, all down 3 to 5% far outperformed the broader market down 7.6% only good news here today is the circuit breaker did serve to sort of halt the horrible sentiment at the open. the vicks did drop after we reopened >> bob pisani, never flustered, thank you. if oil helped drive us down, okay here's the thinking, i wrote about it this weekend. i think it's still on cnbc.com the russians wanted to punch u.s. shale in the face because trump put sanctions on rozneft, it's a big russian oil company, who is putin's former employee and ostensibly best friend >> trump didn't put sanctions on russia those were leg as acy sanctions. >> if the two can talk, do you think there's any chance there's anything we can do to get russia back to the table with the saudis and get the opec deal done which might stabilize oil and thus the market. >> you have to ask what is negotiating tactic, and what are they trying to achieve my view, having spent a lot of time in russia, i can tell you, the oil and gas industry gets more profitable as the rubel devalues and we get in crisis moment

semiconductors these move faster than the rest and i watch for them for sign of volatility kelly referenced procter & gamble, some of the consumer state many are holding up better but kelly referenced the earnings situation yes, refinitiv has us down 0.5% for the year and a lot of analysts are talking 15% declines in the case of credit suisse all the way down to 13% potential declines in the case of goldman sachs, so the numbers, kelly, are all over and the bottom line is we don't know and it's not going to help that a lot of the companies are not going to decline to give any kind of earnings guidance for the rest of the year when we get earnings season in about two weeks. >> bob, will we have an earnings season because as you correctly pointed out the s.e.c. is giving the companies a break on the filing dead lines, right >> yes they are going to allow a 45-day deadline for companies reporting between march and july essentially, and that implies that a lot of companies are now going to have the ability to simply say we're not only not going to provide you any -- any guidance, we're not going to fil

procter & gamble, facebook, apple, certain things in there. also pharmaceuticals and that sort of thing. how do travel ban's effect that? even if they are not in the countries -- >> that's true, certainly in china that supply chain problem has really let us know how dependent we are on that country. want to bring up in particular prescription drugs. 80% of that chain originates in china. quite frankly, the president has said this has got to change. we had the travel ban the president announced last night from europe, with people coming from europe here. the does not include cargo and goods. >> harris: we want to get that straight. the president tweeted that after. it's important for us to know. why? >> commerce goes on. if we start coming off the entire world, the possibility of our economy shrinking is raised that much more. >> harris: it's more of a probability. >> yes, this market is telling us he believes there is going to be recession. >> harris: i was watching you on fb and earlier and you are talking about with the cruise lines are doin