it's highly concentrated you see those prominent names there, proctor, coke, walmart, pepsi. this is a comparative chart year to date of the sector as we know it, xlp, versus the equal weight sector what's starting to happen is a divergence that is typically foreshadowing negativity we want to be cautious here. we're sellers of consumer staples. the vehicle, xlp >> know what you own it's so true you're buying five stocks. you think you've got good exposure you really don't what is the trade here, if any, on the consumer and the xlp? >> i think that's a really good point. actually, when you start taking a look at the sector, you recognize that the same thing that carried this whole group higher is a handful of names, then presumably it could cause so some weakness for the sector overall. consumer staples are not typically high data, high volatility stocks. when you group a bunch of them together, the volatility tends to be even lower that said, xlp has an implied volatility of about 20%. that's nearly double what it was at the tail end of last year we understand that given the

the administrators the proctors coach singer had a full-time staff.his bookkeeper, his assistance in all of that to make this work. think the thing that really surprised me was how many close calls there were. at times when they almost got caught in the game almost came crashing down but didn't. it was surprising to learn about why they didn't. there's often a mix of inertia and information. so usc when there were questions the person who got put in charge, into the bottom of it and figuring it out and all of that, somebody that's working with rick singer. and there's always an explanation for why that person was all on the crew team or the baseball team or whatever it wa was. you're learning all these things in your thinking oh my gosh they were so close. and the fact that ultimately when this scheme got taken down it had nothing to do with singer. it led to the takedown. >> host: tells more about what led to the takedown. >> sure. it was just a strange, unrelated case of a thought for the security exchange commission got a tip from an investor who i

if you look at the individual constituents, proctor & gamble making up 17% of this index is really thenly stock holding up this index coca-cola 10%. relatively weak relative stock. pepsi broke below 135, 10% of the index. costco, 5% of the index. you have a lot of these constituents starting to break down i like this trade. i especially like the fact that mike is risking a very small percentage. >> there you go. mike you're getting a boost there from tony. meantime, check out the industrials. they've kind of been quietly chugging higher over the last month despite some choppy trading. along with the rest of the market. now is it time to get in on the action ask tony he'll tell you he's got cat scratch fever. >> i want to take a look at playing a bit of defense here as the markets a little soft. we see rotation out of technology into industrial and mining i have a few charts to share the first one i have is xli, the industrial etf i have a chart of industrials relative to the s&p 500. we know this is a sector that has been underperforming the market for multiple years. but since the mar

on our last visit paid to proctor stressed the importance of saving the forest and teaching the tangs survival skills. the number of covert 1000 cases among humans in indonesia continues to rise the project has a backup plan if the lockdown goes on for too long. it will release its orangutans into the wild before they've completed their schooling but will then provide them with longer term support out in the forest. in many african countries the trade in protected wildlife or its meat is strictly prohibited even so many produce markets are full of it one example can be found in the nigerian capital lego's. it doesn't matter what day it is this market stays open shortly after the april lock down it was the 1st come its customers back crocodiles penguins endangered species are openly source here available to anyone willing to pay the right price yeah certainly it's you know the i never got this one without a business does business follow. a crocodile goes for $30.00 to $75.00 a small penguin for $25.00 bush meat is pricey demand is high. it's not just seen as a delicacy among wealthy ni

with me are kate proctor, political editor of politics home, and jack blanchard, uk political editorlitico. welcome to you both. let's look at what's already in so far. let's start with the guardian. it reports that a new coronavirus test that will give results in minutes is about to be rolled out across the world. the telegraph warns that elderly people in the uk may face delays getting the flu vaccine, as supplies run short and demand surges amid the coronavirus pandemic. the international version of the financial times reports on a surge in the share price of hsbc, after its largest shareholder, china's ping an, increased its stake. the new york times reports that school closures, due to the pandemic, has resulted in millions of children in developing countries being sent out to illegal, unsafe work. according to the express, ministers in the uk are close to placating conservative rebels, who are calling for more scrutiny over covid restrictions. we will have more on that in a moment. but the daily mail says borisjohnson is facing a revolt from mps in the red wall over the covid c

that is equivalent to an entire visa, a j & j, maybe a walmart and a proctor & gamble shares of alphabet, facebook and amazon also dropping this week is this just a tech timeout or do you see a rollover and maybe some more pain ahead on the tech trade? >> no. i see a rollover this is something that i positioned myself forprobably about a month and a half or a month or so. when you look at apple, apple is 13% of the qs, amazon 10%, microsoft 10% of the qs. when you look at a chart of apple, go back to the date where they announced the split that's where the stock jumped. so what's relevant about the price that it's trading at now around 107, that's the level that it jumped to. so if you want to see where the support should be in the name, i think it's going to trade to the 100 day. by the way, this is the first time it's been below the 50 day since april, brian i think it's going to the 100 day, which is 96 and ultimately to the 200. that's $83 do you realize what the world would say if apple traded down to $83 cats and dogs living in harmony together, this would be disastrous for tech, b

our consumer behavior is based on years of conditioning but that's when noggin comes in if you the proctors the tries to gently entice consumers to make certain choices some of which can be good for the planet. i got a form and if you walk through here and then you have to turn towards the stand it will be better if you could walk straight to it. and it should be at an angle. is advice in the manager of this supermarket in berlin on ways to draw shoppers attention to regional organic products. this is a bit better so you come along here and see it immediately and now if we just had something like a small close to something from brandenburg from the countryside perhaps a piece of wood. or. the manager is not yet convinced mathias still wants to try out various things regional organic products also tend to be more eco friendly europeans buy lots of imported goods bananas coffee chocolate with a much larger c o 2 footprint. many people know that regional products are more sustainable but that doesn't necessarily lead to a change in the way they shop creams and wants to suddenly encourage consu

dangerous it was and while this deadly disease ripped through our nation he failed to do its job on proctor's was a life and death betrayal of the american people. so do you think peter that this revelation which comes from but woodward who is not just any reporter. will it further damage the prospects of getting reelected it's a very good question i mean biden is leading in the national polls obviously a majority of americans say that they trust biden to handle demick. you know more so than then trump will it matter you know there's a reason that he's also called teflon don these things have a tendency you know he's seen his fair share of controversies none of them stuck. in this case so trump can't rely on his base alone he will need also to appeal to suburban voters who lead to the support of older voters a lot of them have turned their back on trump because of his handling of this pandemic and so you know 2 months election day that is a long time but we also know a lot of people are going to vote early they're going to look to mail in voting because of the pendennis because they're too af

tom: you recommended the proctor and gamble dividend and the bond world selloff is collective chair.give you great credit for coming up with this concept. do we have an asset bubble or bubbles floral because we have your financial repression? bill: i think so. and we have an asset bubble because interest rates are near zero and negative in many parts of the world. that, at least to my way of discussedthrough models and so on, it has inflicted growth stocks and anything that would have profits in the future but is growing fast. so, yeah. financial repression cometh it is something that has always been swept under the rug not only by powell by yellen and bernanke, etc., as something that can be fixed at a later point. prior fed chairs have either focused on inflation or focused ,n reinvigorating the economy and to the extent that retirees and to the extent that pension funds and savers are being heard, that can just wait. at some point it can't, and a think we are beginning to see that. we don't have to talk about credential or insurance companies or banks, we can talk about mom-and-po

with me are kate proctor, political editor of politics home, and jack blanchard, uk political editormorrow's front pages starting with welcome back to you both. let's put through some of the pages that are already in. let's start with the guardian — it reports that a new coronavirus test — that will give results in minutes — is about to be rolled out across the world. the telegraph warns that elderly people may face delays getting the flu vaccine, as supplies run short and demand surges amid the coronavirus pandemic. according to the times, borisjohnson is facing a backlash from mps in his own party, after a range of new coronavirus offences were introduced. the daily mail says borisjohnson is also facing a revolt from mps in the red wall, after new covid restrictions were brought in in the north—east of england. the mirror is critical over what it calls, a "chaotic range of coronavirus rules" — it also carries a picture of crowds gathering on the streets of bristol, once pubs closed at 10pm. and a different story in the financial times. it reports on a surge in the share price of hs

. >> if the sexy stocks aren't taking place, you're looking elsewhere, looking at proctor and gamblesme highs, nikes at all-time highs, some others we can point to the health care sector at an all-time high. a lot of those stocks just zooming. >> bingo thanks for watching "power lunch," everybody. "closing bell" starts tomorrow. >> see you tomorrow. >> it certainly does good afternoon, welcome to "closing bell. i'm wizard frost with sara eisen. stocks zooming through, s&p up 1.2%, nasdaq underperforms that's a turnaround that started after the open early this morning. it was the other way around. either way, indexes are high bit afrotation high tech names like apple, zoom, as just saying, beaten down par of the market utilities. lamb research, micron, nvidia at

. >> that proctor, he will never be -- my question, was the court attached anything or was it jus a oecoration at that point? >> maybe that operates and mayb that is what opens him up. looks like an earpiece accordin to me. he was noted that great having trouble in the field. kamala harris bread into her ow difficulties at a surprise visi to miami late last week. she went to the florida memoria university force the meeting with the reason she was greeted by the university marching band and your pal at a local restaurant. crowds of hispanic trump supporters filled the streets t protest her visit. they were concerned that the biden/harris agenda is socialistic and communistic. this is exactly what these people from venezuela and cuba fled. they are very in fear of encounters up like that of the united states, should biden win. it is quite a scene down there. >> the president is doing a big pitch so why is he going there tomorrow? >> he's going to tomorrow because you look at that poll,r trump is up 50% over biden who isid up 46% among hispanics in florida. think of this come up against

. >> everett martin proctor iii. >> carrie beth progen. >> david lee pruim. >> richard a.gliese. >> edward f. pullis. >> patricia ann puma. >> jack d. punches. >> hemanth kumar puttur. >> joseph j. pycior, jr. >> edward r. pykon. >> christopher quackenbush. >> lars peter qualben. >> lincoln quapp. >> beth ann quigley. >> patrick j. quigley iv. >> michael t. quilty. >> james francis quinn. >> ricardo j. quinn. >> carol millicent rabalais. >> christopher peter anthony. >> racaniello. >> leonard j. ragaglia. >> eugene j. raggio. >> laura marie ragonese-snik. >> michael paul ragusa. >> peter frank raimondi. >> harry a. raines. >> lisa j. raines. >> ehtesham raja. >> valsa raju. >> edward j. rall. >> lukas rambousek. >> maria ramirez. >> harry ramos. >> vishnoo ramsaroop. >> deborah a. ramsaur. >> lorenzo e. ramzey. >> alfred todd rancke. >> adam david rand. >> jonathan c. randall. >> shreyas s. ranganath. >> anne t. ransom. >> faina rapoport. >> rhonda sue rasmussen. >> robert a. rasmussen. >> amenia rasool. >> r. mark rasweiler. >> marsha d. ratchford. >> david alan james rat

if you have a chance to buy it at 245, which if you remember, that's where we fell from when proctor & gamble announced and all the advertisers announced they were fleeing back in june the stock traded down to 206 that 245 level becomes resistance becomes support >> the one-day boycott may give you a little bit more time on your hands because you've got less to go through in your instagram feed, but it's hardly a dent when it comes to facebook and its revenues just as the one-month boycott of some major companies hardly a dent in facebook's revenues. >> guy and i spend most of the day talking about the cardi b offset breakup and some of those issue there is there. steve brings up, i think, the more important point i think facebook was up 3% because apple was up 3%, because the triple qs were up 2% you have this dynamic where everything is hold ing just aboe the 50 if i'm a trader, that's exactly what i'm worried about today unfortunately the social issues and the highlights to some of the politician coming under protest, i don't think are going to change. facebook is not letting comm

think people should understand and may think who is doing this, we used to talk many times about proctorble you have a conference call sometimes we wonder how does amazon have the package? how does it get to you so fast they take advantage of your realtime visibility for the packing materials. >> that's right. not just amazon. it's companies from astrazeneca to bmw to barclays and capital one to barclays. putting their arms around spending, digitalizing it, controlling it this is a huge market early days of bringing people to the digital world. >> we spent a lot of time working and looking at commerce and labor data those are updated once a month i don't know how they get their data i got this business, coup business realtime that shows that things are getting better in the country. >> that's right. we saw an uptick in retail we saw an up tyke tick in finan services and labor and different methods of rate and shipping since the pan dedemic it and started to rebound and saw significant decreases, greater than 50% decrease in the category of hospitality for example. significant decreases i

he's done a few dozen of them, and then will tell proctors.it down on cnn, helicopters. we can cherry pick, and we don't seem to dissect the president in the exact same way. >> harris: when you're doing q&a for a debate, which comes up a few weeks from today, are you concerned? that the rock 'n' roll nature. you have to think on your feet and go forward. maybe the host, chris wallace might have a questions own frond there he doesn't want to forget. the chris wallace would need one. >> he's a rock star, i'm glad he was suggested to moderate. >> harris: will joe biden be a rock star that not? >> he's the nominee, there were tons of debates with hotel bumpers and he won. you have to keep in mind there's a history they are without having any issues during debat debates. i'm looking forward to the debates, i think and honestly people have made up their mind in this race. we will see where it goes. it will be determined based in the next couple weeks. >> harris: several states already beginning the voting process, as well. malin, absentee, so on and

prior everett martin proctor iii carrie beth progen david lee pruim richard a.ohn foster puckett robert david pugliese edward f. pullis patricia ann puma jack d. punches hemanth kumar puttur joseph j. pycior, jr. edward r. pykon christopher quackenbush lars peter qualben lincoln quapp beth ann quigley patrick j. quigley iv michael t. quilty james francis quinn ricardo j. quinn carol millicent rabalais christopher peter anthony racaniello leonard j. ragaglia eugene j. raggio laura marie ragonese-snik michael paul ragusa peter frank raimondi harry a. raines lisa j. raines ehtesham raja valsa raju edward j. rall lukas rambousek maria ramirez harry ramos vishnoo ramsaroop deborah a. ramsaur lorenzo e. ramzey alfred todd rancke adam david rand jonathan c. randall shreyas s. ranganath anne t. ransom faina rapoport rhonda sue rasmussen robert a. rasmussen amenia rasool r. mark rasweiler marsha d. ratchford david alan james rathkey william ralph raub gerard f. rauzi alexey razuvaev gregory reda sarah anne redheffer michele marie reed judith ann reese donald j. regan rob

so what might we expect, i‘m joined by the political correspondent at the guardian, kate proctor ande daily, 50,000 cases a day by the middle of next month. what do you think boris johnson by the middle of next month. what do you think borisjohnson could announce tomorrow?|j you think borisjohnson could announce tomorrow? i think today what we heard from chris woody and patrick vallance about laying the ground almost from that and that is tomorrow from the prime minister, a pre—justification in some ways for what the government is planning to do. —— chris whitty. i think we still need to see what is eventually decided by some of the options under consideration include that 10pm cu rfew consideration include that 10pm curfew nationwide, probably apply to licensing so the times that pubs and restau ra nts ca n licensing so the times that pubs and restaurants can be open but also things pacifically on pubs, if a pup only says alcohol into the surf boom they could come under a specific receptions, that is one thing they‘re looking at. we know the prime minister is clean the schools they

enimore, the owner life stone health care, a business located in proctor, minnesota, that is dedicated to providing compassionate and reliable medical care for clients in a home-like setting. it opened in 2014 as a 2,000-foot house with five employees. thanks to the strong leadership of its owner life stone staff and capacity doubled by 2016, allowing them to serve more in the community. in addition to her work at life stone, she enjoys serving as a mentor to young african-american women in the community and volunteers much of her time at organizations like the duluth area chamber of commerce and african women's groups. due to the valuable services this business provides to the northland and the dedication of dr. enymore, the small business association recently named life stone health care as the 2020 minnesota minority-owned small business of the year. thank you to her and the entire staff at life stone health care for providing excellent health care to the residents of minnesota's eighth congressional district. your commitment to our community serves as an inspiration to all. mr. spe

we can talk to andrew proctor.” we will try to stabilise it. we can talk to andrew proctor.d talk about it but also we are hearing more about the other problems that come with the condition and how it affects lives. we hear it every day on our hotline. that is why we wanted to do this survey to highlight and demonstrate how tough it can be and how it can affect almost every aspect of your life from your friendship, relationship, career, job prospects and to the way you and others see yourself. it can be a profound thing difficult to deal with. clearly, there are the practical elements about what they can do and what you have to do to help ease the condition to a degree but then there's the psychological effects which may be even more damaging? yes, most people have heard of eczema and seen yes, most people have heard of eczema and seen someone yes, most people have heard of eczema and seen someone with red or inflamed skin but what is not always understood and recognised is that eczema fracture how you feel about yourself, your self—esteem. nine out of ten adults in our surv

. >> if the sexy stocks aren't taking place, you're looking elsewhere, looking at proctor and gambles at all-time highs, nikes at all-time highs, some others we can point to the health care sector at an all-time high. a lot of those stocks just zooming. >> bingo thanks for watching "power lunch," everybody. "closing bell" starts tomorrow. >> see you tomorrow. >> it certainly does good afternoon, welcome to "closing bell. i'm wizard frost with sara eisen. stocks zooming through, s&p up 1.2%, nasdaq underperforms that's a turnaround that started after the open early this morning. it was the other way around. either way, indexes are high bit afrotation high tech names like apple, zoom, as just saying, beaten down par of the market utilities. lamb research, micron, nvidia at the top of the leaderboard right now. new data points to a sluggish economic recovery as payroll, points in the beige book shows a modest increase in activity. 59 minutes until the close we're set to have another record highs for s&p and nasdaq up 1.2% on s&p 500, sara >> it's utilities leading the way higher for a ch

but june 26th proctor & gamble announced they were going to pull ever since that day, i've said i don'tfacebook for a myriad of reasons, but you have to own the stock, because to pete's point, they seem to be teflon here and the stock continues to grind higher the one existential risk in my opinion continues to be the potential for them to fall under the auspices of esg investing. short of that, this thing seems to be unstoppable. >> it's got reels, the competitor to tiktok it's got shops the chinese government might have to also approve the deal which could really hold things up here which could be bad news for facebook >> it could be i think that tiktok has the secret sauce there i don't think they're going to have a forced deal i think you may have an announced deal, but i don't think it actually goes through i think tiktok continues to see what it looks like in our country, what the atmosphere is for this sort of product here owned by a chinese firm. i think they're going to be a formidable competitor. i don't think reels is at all catching on. trust me, i have two teenage daughters