he's ross gerber, ceo and president of his own wealth management firm, gerber kawasaki. welcome back. good to have you with us. do you still like apple, imax, both of them down, and tesla 17% higher? >> absolutely. apple more than ever. i mean, they're just killing it today with iphone sales and we expect so much good stuff through the christmas season. and imax is still waiting for the global release of "star wars," which is the premise here. so the stocks have gone down a little bit for now but i think it's a great opportunity. and tesla we love. >> facebook you like as well. we just heard from the ceo the other day. virtual reality. >> we love it. we think virtual reality has so much potential. and facebook has built an amazing platform with the original facebook obviously but also with instagram and with what's app, and now with virtual reality growing like crazy we think this is a great opportunity to own a blue chip of the future. >> it's selling in the 90s now. where do you see it in a year's time? >> well, we see if moving higher, ideally about 20% over the next y

ross gerber, and john petrides. by the way, tesla is slightly. it has been doing -- toggling up nearly half percent. that's not the worst thing in the world, the nasdaq is down 35 point. when you pair it with yesterday it is a huge chunk of loss there. for a change we see health care names leading the charge today after getting beaten up, down, and all around. traders bracing themselves for the jobs report. mark newton, you look at the numbers without emotion. what is the market saying to you on a day like today? >> starting to see stabilization because stocks have pulled back in such a short period of time. the sectors like health care and materials are outperforming on a day like today which is interesting. i think it's tough to make too much of. this three things the market has going for it right now. pessimism is definitely on the rise, you're seeing a lot of fear creep back into the market. equity put the call back up near one. the daily sentiment index in single digits, a lot of pessimism across the board. historically markets get oversold,

gina and ross gerber. dr. the american dream all the time but admittedly, it is getting harder and harder particularly from a spiritual point where people look up the their leader, a president that never talks about really, truly succeeding in this country and other successful people who say it's no longer possible. >> yeah. there are two kinds of rich people, charles, and you know this probably better than anyone, those like obama and this guy with the house who don't want anyone else to be rich. they want to be the only rich guy. and then there are those like donald trump, like you who say, hey, i made a lot of money, i want to help you make a lot of money because i know we all do better when we all make a lot of money. two different kinds of people. so, you know, i just don't have a lot of respect for this guy speaking enter such a sort of greedy, elitist perspective. charles: i agree with you a thousand percent. unfortunately, the message is beginning to seep in. we see entrepreneurship at all-time low are

ross gerber of the on the west coast with us.business exclusive, we have got christopher zook. paul christopher, head global market strategist at wells fargo investment institute. between these three guys we have more than 1 1/2 trillion in asset management. let me start with paul christopher. on a day like today, is this the bears coming back or is this correction in the bull market? >> this is accumulation day. people see low prices want to sell and others see low prices. we'll see up an down same day. even happens one day to next. this is often but not always part of a bottoming process. liz: christopher zook, how do you see it? are you concerned we see six out of 13 trillion pip digit climbs and drops and no way to break out of it? >> we have a lot of volatility and i don't expect that to go away. we have people looking for good opportunity to sell. when we see some bids out there people are lightening up positions. i expect that to continue as we head lower. liz: ross, have you been buying today? or buying and selling is it

let's bring in ross gerber from gerber kawasaki who's bearish and dan ives from capital markets who is bullish. what's not to love about 335,000 new customers? >> i don't know if you deserve a billion-dollar yum jump in market cap for a 15 or 20 million dollar order but i do see the bigger picture here which is popular for fitbit but i think we're talking about a valuation issue and the fact anybody can -- the tracking is not accurate. it's been proven their heartrate monitor doesn't work that well. your wrist can explode on one of the devices i guess. >> what? your wrist can explode? i never heard that. >> it burns people i guess. i don't know. but they've had all these manufacturing issues. and i just think like a show me can come in and make one of these things for 20 bukds. >> but nobody has. they've owned this market so far. >> if you go online right now there's the jaw boeb and there's the best of all fitness trackers, the apple watch. it's a good entry-level fitness tracker and i like the business and they're growing. but i'm not going to pay $7 billion for this company. it's cr