now ceo haktan acknowledge it's a tough year for semi conduct ner general.e says the broadcom core business is holding up well and the ability to grow inorganically through acquisitions of technologies has helped the company diversify and expand business. we are looking at shares of broadcom turning lower in after hours by as much as 1% and it has underperformed the broader semi conductor index this year. it's up 28% versus the etf up 60%. analyst are currently asking questions on the earnings call and we do expect, brian its relationship with chinese tell com player huawei which was a key skplers to broadcom to come up we will be on the call, any details we come back to you. >> seema, thank you very much. >>> semi conductors as a group have been red hot. the smh etf has investors shaking their heads. if they didn't guy buy it a few months how high can the chips rip process christian is over at the plasma to break down the action what are you seeing in semis. >>> we see some risk on markets. i think overall when the mechanic moves higher we want to see the s

to flog. message as well as a point of semi-skimmed to flog.could tomorrow be going into another hung parliament, more drift, more dithering, more delay, more paralysis for the country. to say nothing of the economically disastrous policies of jeremy nothing of the economically disastrous policies ofjeremy corbyn and john mcdonnell. we have got to move forward, we have a fantastic agenda for the country. we can get " b rex it" agenda for the country. we can get "brexit" done. cheering in glasgow, in govan, jeremy corbyn of labour was up before the sun, and

attack at 2 mosques and in christ church killed 51 people earlier this year the government banned semi semi automatic weapons giving owners in till this weekend to turn them in in exchange for compensation. getting guns off the street literally people were still turning in their firearms on the last day of the buyback program the government says more than 30000 weapon owners participated turning in over 50000 guns. commuters is just a little bit sorry for. 6 months but there is still. that the new zealand police can do that be the safest country in the world. the measure followed an anti muslim rampage at 2 christ church mosques in march of this year when a single gunman killed $51.00 people the massacre shocked the country where mass shootings were extremely rare the prime minister just in the ardor and moved quickly to ban semi-automatic weapons like the one the gunman used the legislature passed it nearly unanimously. miss a speaker because 5050 people died and they do not have a voice we in this house are the voice and today mr speaker we have you say voice wisely. further legislat

our reporter olly foster is in doha ahead of the semi—final.e certainly brought some very british weather with them here to the gulf state of qatar for the fifa club world cup. their semi—final against the concacaf, the north american and central american champions from mexico, monterey, thatis champions from mexico, monterey, that is on wednesday. it has been such a fantastic season for liverpool. we had at length from jurgen klopp about what this means to liverpool, to him, and to his players, coming straight in the middle of what has been a fantastic season middle of what has been a fantastic season for them so far —— heard. middle of what has been a fantastic season for them so far —— heardm you had asked me beforehand if i think there should be a club world cup in the middle of our season, they would say no, that is my honest opinion. but we speak about this co nsta ntly, opinion. but we speak about this constantly, this kind of fixture, we are here so it is the most important opposition in the world forests at this moment. so here we are.

that's high pressuappening today semi conductor is your classic trade mover. banks big move down in bond yield. very notable today they had a great year. retail getting hit and defensive names like utilities moving to the upside i do want to point out something today. even with oil up we are seeing new lows in a bunch of big energy stocks even some of the smaller ones like oasis keep an eye on this. even with oil up 20% on the year, oil stocks are not having a good year at all where exactly are we many this whole process. are we deescalating the trade wars or are we ramping things up what are we doing? that's what's the confusion is there's three possibilities about the tariffs. one is no new tariffs. we keep on the existing tariffs that are there i talk about these scenarios, he said that's what the market is dealing with now the market will be happy with that no new tariffs to put on how about what the scenario is right now. additional tariffs of 10 to 15%. well, art feels it's modest. that's what we're dealing with now. if that does happen, modest sell off

conductor. >> when you think about semis so countercyclical in terms of trade winds. the smh for a kwhiel looked like it hit the peak in june of 2008 yet we plowed through the highs. if you think about a lot of the companies where we get updates you listen to taiwan semi, the white label provider for the industry they are seeingenormous demand and resurgent from southeast asia and growth areas. it's get back to though this is a momentum trade if you look at stocks within the smh they are the peak of that momentum. >> it's a momentum trade. >> actually i -- it's a fundamental value. >> i think there is fundamental value there. i think to your point about this being a supercycle for the companies i think semis are part of a broader supercycle. part of what kept semis down was noise around trade and whether or not they were getting hit with various elements of the supply chain, whachs happening with the u.s.-china trade deal the -- if you look at sort of what has happened to semis appear they ebbed and flows. you saw cryptocurrency and bitcoin create semiconductor demand

is it just the hydrogen in your semi-truck that powers it? >> well, what was really cool about the nikola truck is in 2016 when we first launched it, we were the first people to ever do it. there was no one else out at that time. nikola beat the entire market, including elon musk and tesla, to it. we had the first zero emission semi-truck that was available from the market. within about four months, the market saw the traction we got, because we hit billions of dollars in orders and it was shortly thereafter that tesla had come out with their, you know, with their semi-truck looking very similar. liz: let's just be clear for our viewers. hydrogen goes into the fuel cells and then comes out to power the electric motors, correct? so what would that equate for your semis to average horse power? >> yeah. so i mean, ultimately whether you have a battery electric truck or hydrogen electric truck, the drive train is identical. there's nothing different. the only difference is instead of a battery where it depletes as you drive it, the hydrogen conti

scotla nd of the semi—finals of the world cup.em if they qualify for the play—offs and the czech republic complete the group. and god will benefit from playing all their group games at wembley —— england will. we have played at least two of the teams before. for us least two of the teams before. for us to be playing at wembley is something very special so we are looking forward to the tournament. wales have drawn switzerland and turkey in their opening group games and face a long trip to azerbaijan. their final and face a long trip to azerbaijan. theirfinal group and face a long trip to azerbaijan. their final group match with and face a long trip to azerbaijan. theirfinal group match with italy will be in rome. wales produced an equally impressive run of their own losing to the reigning champions portugal three years ago. ryan gregson aware success this time more rest on keeping star players fit. you hope when you come around tojen that you have a healthy group of players to pick from and if we have got that we are a match for an

the senior squad's currently in qatar ahead of tomorrow's club world cup semi final.lots of youngsters in the crowd, but plenty of youth on the pitch as well as liverpool name the youngest team in their 127 year history. the average age of the starting 11 was just under 19 and a half, and despite a bright start experience proved key. the goalkeeper won't see that again. nor will he want to see this come into fighting cross and villa had two goals in three minutes. although the home side were not dominant there were clinical. winning the first goal of the season. the second of the campaign arrived before half—time, first time he scored twice in a match since august 2018. replaced by wesley late on, first time to score his goal since october. villa through to the league cup finals for the first time since 2013 and while liverpool's 18 g rover world since 2013 and while liverpool's 18 grover world cup glory in qatar the youngsters still have plenty to learn. jurgen klopp said that he and his players would be staying up late in qatar to cheer on the youngsters. liverpool'

semi conductorers are are at the heart. and the suffolk semi conductor have break broken to all-time highs. the microchild support being stocking about the high end of age positive commentary on becoming it's interesting relevant i have to what joe said before despite the mentals we are see positive developments from the cyclical perspective and a lot of the markets already in recession in calendar 2019 think industrial, automotive, you have really easing camps heading to calendar 2020 you are pricing in goodness with respect to semi conductor give the forward multiple for the group. be cautious in terms of what you are thinking about but in general i think it's clearly the most economically sensitive for the group. but a lot of the companies will power through. >> jerry leave it arthro. >> thank you. >> jerry wisefield. >> adobe aname we talk about all the time finding its way on the list it's a valuation jer jared mentioned valuation. pu you find it is back at the 05, a prior high if you want to play this stock i think we

earlier, nathan aspinall reached the semi finals for a second straight year.e saw off a spirited performance from belgiam's dimitri van den bergh to also win 5—3. he'll play either michael van gerwen or darius la banuskas in the last four. manchester after taking into — zero lead over... at the end howe stadium. i'll be back with another round up at 7:30. this week on the travel show i am in the jungles of borneo exploring malaysia's biggest estate. sarawak. in the western corners of malaysian borneo, sarawak has some of the world's most spectacular and diverse ecosystems. but it can be overlooked by tourists drawn to the bright lights or the resorts of neighbour states. so i am going to discover for myself the sights and inhabitants of this remarkable state. along the way i will be hanging out with these guys. claiming jagged peaks. easily one of the most beautiful and one of the most difficult hikes i have done. i love sarawak. we are very unique in sarawak. we have 26 ethnic groups in sarawak. my trip starts here, in sarawak‘s biggest city, kuching. and the

military—style semi—automatic guns will be banned from tomorrow.ers at two mosques in christchurch in march. a nationwide amnesty has seen over 50,000 firearms destroyed across the country since then. danny vincent reports. a community struggling to grieve. this is not only a place of worship, but also the scene of an attack that shocked the world. friday prayers bring a moment of reflection, but also pain. what happened here changed new zealand. with unity came a warming of the need to guard against extremism. on the 15th of march, a lone gunman walked into this mosque, armed with a semi—automatic, military—style weapon. he killed 51 people and injured dozens more. new zealand is now determined to make sure nothing like this ever happens again. and this is what they're doing about it. new zealand plans to destroy nearly all high—powered semi—automatic assault rifles. centres like this one have been set up across the country, and tens of thousands of gun owners have been forced to hand in their firearms, as part of an amnesty. in the centre we visi

almost all cattle are bred by semi nomadic communities using time consuming methods on communally owned land that the ancient ways are under threat the state is increasingly selling the land to investors and climate change is exacerbating competition for resources like water and pasture many say it's only a question of time before industrial farming and production methods are introduced and cattle sheds replace the centuries old way of life. and before we go emoji is gifts and stickers have invaded all of our chats to fill them with color movement and humor and of course there's big business behind them too if you create the right one it's like striking gold at least in china but there is a catch the government is watch. nice silly piggy this little creature goes through a range of emotions from pure joy to over frustration at the drudgery of a boring office job silly piggy's antics have struck a chord when it 1st appeared in china's popular we chat up user sent it more than 30000000 times in a month seeing its emotional range as an ideal way to express their own feelings and text messa

the pileup included four semi tractor-trailers and four smaller cars. only a state trooper and a driver are hurt. and both are expected to survive. >>> long-time radio personality and tv host, don imus, died today. he was known as one of the pioneers of shock jock radio. he had a show that msnbc started to broadcast in 1996. he was known for his cowboy hat and controversial antics. he lost his job after making racially insensitive remarks about the rutger's woman's basketball team. he retired in 2018. he was hospitalized since christmas eve. he was 79 years old. he is survived by his wife, deirdre and six children. >>> another beloved business closing down. this time, a popular toy store on the peninsula. online shopping is one of the reasons the store is shutting down. it's been selling toys for more than 60 years. >> we're selling toys. we're selling fun. when that ends, it's sad, to know that some kids are going to grow up without having talbott's as part of their life. >> the doors will close for good in late january or february. >>> a big change is

against liverpool, so we are be in semi—final against liverpool, so we are excited.th presidents cup is underway. it's a biennial team event between the usa and an international team representing the rest of the world. the americans have won 10 of the previous 12 presidents cups, with one draw. the international team's only success was back in 1998 at the royal melbourne golf club in australia, venue for this year's edition where chris mitchell is watching on the opening day. chris, it is fair to say at the moment, the international team perhaps have a slight edge. they do have a slight edge, you are absolutely right. there is not been much great golf on offer, plenty of m ista kes much great golf on offer, plenty of mistakes for the galleries to ooh and aah at. galleries along the fairway is two or three deep and around the greens hair, 560, really good to see. because there are only five matches today. and, the international team at the moment up in three of them, but it is very close. they are only well up in one of them. i'm just looking at the scores 110w, of th

many of these accounts are semi or totally anonymous with handles like trump girl or pet lovers for trump. some of these accounts show signs of being run by spam operations, bot operations. others are actual american individuals who really support the president. but you get into this kind of swamp of social media where these are random accounts suddenly being promoted by the most powerful person in the world and it makes you wonder where he's getting this information and why he seems to need to share these kinds of really hateful messages toward democrats, really positive messages for him. i would argue it's a sign of weakness, not a sign of strength on the president's part. >> all righty. brian stelter, thank you so much for coming in this morning. >> thanks. >> good to have you, as always. >>> this morning the faa and ntsb will continue their investigation after a tour helicopter crashed on the hawaiian island of kauai yesterday. >> there's still one person unaccounted for this morning. the debris was found in a remote area of a state park. cnn's josh campbell has more for us from hawai

as you can see, all these are semi—autos. you have your ar—15s here.s. these are the go—to arms for mass shootings worldwide. but, while the ban was swift, it is not without its critics. this is the handloaders range on the outskirts of the city. in a country where there is roughly one firearm for every four citizens, the people here represent decades—long traditions of gun ownership. we've had a really world—class, i would say almost the best in the world, history of low firearms crimes in new zealand, because we regulate the people, not the firearms. but none of this legislation is doing that. across the country, tens of thousands of guns have been handed in. the police are keen to deem the ban a success, but they admit it is impossible to predictjust how many guns are still out there. andrew lloyd webber‘s hit—musical cats is one of the most successful theatre shows of all time. the makers of the film version are hoping to replicate the success of the feline phenomenon, with stars like taylor swift and dame judi dench as cgi—enhanced human—cat hybri

apple outperformed and largely decoupled just like every other trade war stock or sector including semi conductors. >> for me when you look at the service number and think about how everyone came out as a wall of bearishness against the hardware company and services started on even in conservative estimates where you think the service number is going to go is pretty extreme to the upside goog forward. i've been long a while thinking about satisfying taking some off the table but i can't pull the trigger yet because 270 was the line in the sand and it blew past that. >> is it still a good value. trades at a 8-point discount trailing earnings to microsoft. >> trades at 21 times expectsed 2020 eps, expected to grow about 10% after being flat last year iphone units are not growing the third year in a row. you have to pay attention to credit suisse analyst as a note saying that iphone shipments in the month of november down 35% year over year in china. mcwas the issue in the last q4 where apple had to preannounce negatively on january 3rd. i don't know how it sets up. you guys are right abou

y luego de los penales portugal aprovechÓ y se pudo imponer para avanzar a la final cuando ganÓ en semisponÉs. >>> en el tiempo extra se resolviÓ la historia entre italia y rusia >>> quÉ partidazo. >>> la tiene la cubre, la shkiÁ ra >>> como empezÓ apretar ahora en este tercer perÍodo la selecciÓn de rusa defensivamente van 2 contra uno contra el jugador japonÉs y eso como les comentaba es parte de lo que tiene estructurado siempre esta selecciÓn de rusia. >>> la mete al medio shishin cabeceaba matsuda. la chilena que venÍa de parte de romanov. se iba arriba y ahora pide tiempo. romanov piden que le cobren una falta contra ozu. romanov, tabata se la deja a terukina 8 minutos y 50 segundos 47 en realidad ahora para la n finalizaciÓn del partido. >>> fÍjate diego lo que decia Óscar respecto de las variantes tÁcticas que muestra la selecciÓn de japon dirigida por rui ramos no hablo de la ocupaciÓn del espacio tampoco el tema de cuÁntos jugadores quedan en el fondo no. fero toda la primera fase ozu fue lÍder y en los cuartos de final muestra en muchos picos del partido salir de esa zona y su

earlier, nathan aspinall reached the semi finals for a second straight year.den bergh to also win 5—3. he'll play either michael van gerwen or darius la banuskas in the last four. manchester after taking into — zero

earlier, nathan aspinall reached the semi finals for a second straight year.n bergh to also win 5—3. he'll play either michael van gerwen or darius la banuskas in the last four. sheffield united still nil. that's all from sportsday. i'll be back with another round up at 7:30. now on bbc news, private eye's editor, ian hislopjoins the bbc‘s media editor amol rajan to look back on a fascinating year of front covers, cartoons and satire. hello. ian. come in. good to see you. now, you are everywhere. thank you for having us in, thank you so much. how do you come up with a private eye cover like those? well, this was when theresa may, who — do you remember her? she was around at the beginning of the year. um, she used to be prime minister. anyway, she left and we had to think "how can we pay tribute to mrs may?" so i thought "perha ps a blank page will be good" and so we have the theresa may memorial issue — her legacy in full. and a little thing at the bottom, saying "er, thank you". which, again, seems quite cruel, but was quite funny at the time. do you know how

and then this semi just barrels through. and i want to remind you there is someone in that suv when it flips. we'll tell you what happened to that person and everyone else in this video next. tremfya® helps adults with moderate to severe plaque psoriasis uncover clearer skin that can last. in fact, tremfya® was proven superior to humira® in providing significantly clearer skin. tremfya® may increase your risk of infections and lower your ability to fight them. tell your doctor if you have an infection or symptoms or if you had a vaccine or plan to. serious allergic reactions may occur. tremfya®. uncover clearer skin that can last. janssen can help you explore cost support options. any occasion the perfect coffee occasion. family brunch! just add ground coffee for a carafe, or pop in a pod for a freshly brewed cup. good strong coffee. our french roast. it was a decaf for you, yes? in your favorite mug. there we go. but in my mind i'm still 25. that's why i take osteo bi-flex, to keep me moving the way i was made to. it nouris

on mosques in christchurch this year the scheme ran for 6 months and the government banned certain semi automatic weapons and offered to buy them back for onus until yesterday the government calls it a great success but some gun owners are unhappy getting guns off the street literally people were still turning in their firearms on the last day of the buyback program the government says more than 30000 weapon owners participated turning in over 50000 guns. but i do believe that our communities are just a little bit safer for what is it could only be the last 6 months but there is still a lot more to do and i'm confident that the new zealand police can do that and be the safest country in the world. the measure followed an anti muslim rampage at 2 christ church mosques in march of this year when a single gunman killed $51.00 people the massacre shocked the country where mass shootings were extremely rare the prime minister just in the artery moved quickly to ban semi-automatic weapons like the one the gunman used the legislature passed it nearly unanimously. mrs speaker we are all to me h

also, it's the semi—finals of the uk snooker championship today...itting all the right spots as he chases a third uk title. it's been billed as "the clash on the dunes". we are just a couple of hours away from the biggest heavyweight fight of the year. anthonyjoshua and andy ruinunior will battle it out in saudi arabia in a re—match after the mexican stunned joshua to take three of his world titles injune. the undercard is already well under way at the diriyah arena just outside the capital riyadh. ade adedoyin is there for us. ade — before we get into the boxing, let's talk about the weather, because, despite being in the desert, it's been raining. yeah, we do it only rains an average of 17 days of the year and on the night when the country is hosting its biggest sporting event, it had been raining heavily all day. i wa nted been raining heavily all day. i wanted to speak to you from outside the stadium, but i had to beat a hasty retreat inside. alongside me is former middleweight champion of the world in which he would hold. one positive detector a

now china's president is in the semi autonomous city of macau a territory beijing is held as a model of its one country 2 systems policy unlike hong kong macao is seen few protests despite introducing security laws that have proven unpopular in the neighboring region she jingping is expected to reward the city with policies that will help diversify its gambling depend column e. friday marks the 20th anniversary of my cows returned to chinese rule journalists activists and even the heads of the american chamber of commerce in hong kong were barred from entering the city in the run up to she's a visit. at least 3 protesters have been shot and killed in india during confrontations with police nationwide rallies against a new citizenship law went ahead despite a government ban hundreds of people were detained the law makes it easier for non muslims from 3 neighboring countries to get indian citizenship protesters say goes against india's secular constitution so how raman has more from new delhi. they marched in the thousands across india in the capital with placards in hand they denounce

the senior squad's currently in qatar ahead of tomorrow's club world cup semi—final.ael redford reports. lots of youngsters in the crowd at villa park. there was plenty of youth on the pitch as welcome as liveable named the youngest team in their 127 year history. the average age of the starting 11 was just under 19.5. and despite a bright start, experience proved key. the goalkeeper won't want to see that again. nor will he want to see this, again. nor will he want to see this, a deflected cross and villa had two goals in three minutes. and although the home side once dominant, they we re the home side once dominant, they were clinical. jonathan todd with his first goal of the season. the second of the campaign arrive before halftime. the first —— first time they scored first in amassing 2018. codger would be replaced by wesley later on. time for the brazilian to score his first goal since october. 5-08 score his first goal since october. 5—08 finish, billow through to the cup semi finals for the first time since 2013. and while liveable's 18 gopher club world cup gl

semis had an amazing year, they're all down a little more than 1%. of this makes sense, taking profits, had great years, not necessarily up, some momentum names. how about the underperforming, the mean reversion thing we keep talking about. it makes sense oil service names, halliburton, horrible for one year. steel stocks have not had a good year on global growth. they had a great year in fourth quarter, most of the time they have been struggling due to the fact we haven't had a lot in the way of yields moving to the up side so far it has been a classic santa claus rally. quiet, low liquidity, leveraging the up trend in the market that traditionally happens in december, hopeful macro backdrop means no recession in the u.s., hopes for a bottoming in global growth that's the problem, getting that bottom in global growth. don't know where it is yet and the bad news, we are overbought this is rsi, relative strength index, how much individual sectors and markets moved. when you're over 80, way overbought highest in two years for the s&p 500. what does it

china's president is in the semi autonomous city of macau a territory beijing is hailed as a model ofits one country 2 systems policy unlike hong kong macao is seen few protests despise introduced security laws that have proven non-popular neighboring region she jinping is expected to reward the city with all the seized help diversify its gambling dependency call me friday marks the 20th anniversary of my towels with chinese rule difficult pollack joins us now live from the council the message from she was very much one of continue continuing compliance with beijing's influence right. that he was very flattering about my cow in the way the city was run he said my cows patriotism underscores the reason the city is so successful he said that he praised the hop for being one of the safest cities in the world to which you rationally express their opinion that would be seen as a rebuke to words hong kong he also said the people of my cow make their need to make their positive voices heard once again another message song calling and if you mentioned there we haven't seen the kind of protest

it has a semi conductor design unit. this is china's most successful semi conductor company.tly replacing capability of qualcomm. huawei has pivoted significantly towards other asian providers. these include japanese, korean and taiwanese. ideally, the supply ought to be time -- all to be chinese. romaine: with regards to potential customers, there is a sense that a lot of countries had no alternative. if they wanted to roll out 5g in any expedited fashion, is that still the case? have these companies given up the idea they can do it themselves, and that way way is the only game in town? dan: it seems the american campaign to beat up on huawei and try to legally exclude way way at a lot of these european countries for a long while has not been terribly successful, that it has been picking up steam. one of huawei's oldest customers have recently announced not only it will phase way way out of 5g, but it will replace a lot of way way over the next five years. joe: let's talk about some of the other tech related issues part of trade. the phase deal does not seem to have anything

china's france didn't is in the semi autonomous city of macau a territory beijing is hailed as a model of its one country 2 systems policy unlike hong kong like ours seen few protests despite introducing security laws that have proven unpopular in the neighboring region she jingping is expected to reward the city with policies that will help diversify its gambling dependent economy friday marks the 20th anniversary of my cals return to chinese rule difficult pollen joins us now from my cal so the speech by she very much a message of compliance. indeed chinese president is very flattering of macau praise the city and its operations praised its government also and also said macau was a model of harmony where people express their opinions in the proper way that could be seen as a rebuke to hong kong now macau is as you said part of the one country 2 systems framework there are only 2 cities in china that can. under that model and macau has shares the same kind of freedoms that are not seen across the rest of china but as you said we don't see the same kind of protests or the same kind of

you made a call mid-year about semi conductors.emi conductors have continued to do well you were iffy on the iphone launch, the iphone 11. that's done pretty well. what's going on here what did you get wrong and what do you see happening as we head into 2020? >> yeah, i mean i think everybody has been surprised at how strong the u.s. economy has held up given all the things going on in trade. obviously getting to a phase one trade deal, that's been great. the other thing quite honestly i didn't really count on was the fed starting to go through qe again. they're saying it's not qe but at the point you're buying $60 billion a month, i think most people would say that is qe. and you've had the fed obviously being very dovish going forward. so all of those things lining up, obviously getting through the brexit, the vote this last weekend where boris johnson won a landslide, that takes disorderly brexit off the table and so when you look at that the market just keeps melting up and that's why i put out that tweet on monday morning unde

leicester won it, and will play aston villa in the semis. scottish premiership after a two—nil win over struggling hearts. ryan christie and olivier ntcham scored to move celtic further ahead of rangers, who have a game in hand. after producing a godlike out, it's great. didn't you watch the football? you are glued to the action on the touchline. football? you are glued to the action on the touchlinelj football? you are glued to the action on the touchline. i brought information to the table. good morning, ben. two yellow cards in two minutes and both of the coaches. jurgen klopp. did they get sent off? just a yellow card. it got a bit feisty on the touchline. between each other? there was a crunching challenge from a liverpool player. there was a bit of anger. there wasn't a thing between them particularly but far be it from me to... you are the expert this morning. all our faces when charlie talks about the football. it happens sometimes, it does happen. let's have a look at the papers. what a mess. many of the paper is looking forward to

. >> three chip makers and all among the battleground stocks and a & d up and he has the semis over towhite house is right. bulls or bears >> i want to try to answer the stock index. the first thing we know is anything that moves. and it's going up. here's the question. when you have selloffs, why do they stop? why would that stop there or stop there or stop there is that random and no, that is not. the trend lines narrow and eefrp one of those stopped to the penny to the penny to the penny to the penny to the penny. maddening or happy you can interpret it however you want it's real, it happens a lot. i think what you're going to get is the next dip to trend so keep in mind that line. keep in mind this line two reference points the level from which you broke out. those both coalesce around the certain level. 1600 and were we to get this, i think that's what we're going to get, you're talking about another 4.5% from here we're do you rememb down 3.7%. that's in kardcards. there is no way around this. this is the popular issue of the market the peak in performance is not here we know it'

. >> wells cuts the semis from neutral to outperform. they say it's outperformed expectations and gone too far. >> they have gone really fast to the up side. as a group, i would agree with them, but specifically, i would say i think you can still own micron we can talk about that later we can also talk about intel it's a value i think in where it is right now, i'll add amd there are names in the tech and semi space with up side. >> liz, semis are pacing for the best year since '03. only up 62% year to date >> is that all >> you can't fault wells for saying maybe we should downgrade the sector it's been a great run. i don't know if it's sustainable or not but what are your thoughts >> i don't want to front run the growth versus value thing, but i think there's too much attention being paid to the calendar and just because something has done well for a certain amount of time doesn't mean it has to stop and vice versa. we should pay attention to valuations we should pay attention to how far something has run but if we expect a trade deal an

plus, chips have been one of the hottest trades of the year and one analyst says this semi stock is poised for another year of double digit returns it's our call of the day the invest committee is ready to go "halftime report" starts right now. >>> welcome, good to have you with us on this new year's eve tuesday. our investment committee here today, joe, josh, jim and amy is back the chief investment officer of chevy chase trust and one of barron's top 50 registered investment advisers for 2019 we begin with the markets. stocks are trying to end a great year with another day in the green. bouncing from the worst day in four weeks >>> we do have big news today from one of our very own, he's making a move on a stock that he's been a big believer in for a big part of this decade. josh brown, selling twitter. >> i'm out feels good. >> first time out since the ipo in 2013. tell us the reasoning. >> first of all, happy new year and thank you for ending your -- no, i'm telling the viewers, happy new year by the way, this is completely filled with gray goose, so take everything i have to say with

the overriding thing about semi conductors is moore's law.ear for which we have numbers, the market was $474 billion, with a b when i started in chips, it was $30 billion. so basically there's little bounces on a curve that just keeps going like that. >> this week we got reports that said huawei is making a smartphone without american chips. do you think it's appropriate to say that we are seeing this decoupling between the u.s. and china in terms of tech and would an actual trade deal change that? >> there is a decoupling it was initiated by the chinese several years ago. they use about 33% of the chips made in the world and the americans make about 42% of the chips in the world so there's an imbalance. we ship a lot more to them than they ship to us and they declared as an official five-year plan they were going to become self-sufficient in chips. so this phone is what i would call a demonstration vehicle it's not economically significant, moving in that direction. >> so the key point here being this was happening even before the u.s. start

>> doc, what kind of action are you seeing in tech >> i love the morgan stanley note, judge, about semis and basically taken them to inline morgan, on this one? morgan's made a lot of nice call us this is really late. scott, i've got a couple of came examples today one that might be part of the unusual activity, but there's a ton of activity in these names apple continues to work, the name we talked about yesterday netflix. tech stock, you bet. especially when people are watch ing in india and the rest of the world on their devices rather than just through televisions and so forth, judge. the connected world to netflix, it exploded higher again today so you look at the move that stock has made josh and i talked b about it on monday as well too early to say that disney plus or anything el is going to kill these guys. nothing is is going to kill netflix in the short-term. in the long-term, it will be netflix itself does it kill itself. >> what about the idea as we run through the names of the stocks as i did, as to whether tech is overpriced or too expensive by virtue of the gains these st

. >> a semi-truck coming straight at him. >> that's when the semi overturned and then slid on its sideo the shoulder and on top of the pickup. >> but he wasn't the only one there. take a look at the video again. watch as this trooper runs for his life away from the truck and ends up tripping. >> as i was running away i remember seeing the trooper also running and then he -- i could see he had fall endown and that trailer was coming really close to him. >> the trooper was hit by the semi. >> he's going to be okay. he has some serious injuries but nothing life threatening. >> you can see a man jump in his car right before he was pinned underneath the trailer for a few hours. he was saved by officials who had to use the jaws of life to free him from the wreckage. >> i've never seen anything like that in person. >> the dense portion in that area brought visibility to less than a quarter of a mile which explains why the semi driver didn't see what was in front of him. nobody was killed in that crash, thank goodness. >> at least 10 million people are under a dense fog advisory in nine states

that semi-truck losing control in heavy fog. sheets of ice sending this school bus skidding. winter weather alerts from the rockies to new england. >>> no survivors. new details coming in on that fatal chopper tour, crashing in hawaii. the concern tonight for rescue teams.

this pileup included four semi tractor-trailers, and four smaller cars. and amazingly only one state trooper and one driver injured, both are expected to survive. >>> back here in the bay area, an assault at a day spa. palo alto police say they arrested a south bay man for sex crimes during a massage. police say the man went by the name adam, and sexually assaulted a woman at a day spa in palo alto. this happened in late august. during the massage, he reportedly touched the woman inappropriately and did not stop when she asked him to. the spa fired him, after the woman reported it to police. investigators do believe he may have assaulted other clients as well. >>> well, we have a bit more perspective now about how bart police are enforcing their no eating policy at bart stations and on trains. you might remember the man who was cited for eating a breakfast sandwich at a bart station back in november. steve foster of concord. this is a picture of him. he was furious. when the act of simply eating his breakfast landed him in handcuffs last month. so we sent

now after the close, we heard from micron, the commodity semi-conductor maker i told you to expect a good quarter and that's what i got. the friend of the show said that the quarter would mark the bottom for micron's business the future is looking better than the past. no wonder it's trading again omorrow. it welcomes a serial disappointor by the way. they only declined a couple of bucks and the news is that the market assumes that fedex's problems are fedex specific you should be willing to more than you should do some buying while today's impeachment debate doesn't seem to do much damage it was met with no buyers today and that's not what you want to see if you're hoping for smooth sailing going forward into your end. even if we have a few down days coming up, more of the market being overbought than the president being overimpeached. market history says it's a mistake to freak out about the impeachment process. stick around and i'll tell you why. why don't we go to dave? dave. >> jim, i just want to thank you for sharing your market knowledge, your hard work and enthusiasm deliver

so 5g really has a long tail to its and it's much of what we are seeing in the semi conduct are landig now and wehink that continues multiple years. >> chris wres letter with the rowth fds. thanks for squoing us. >> thank you. >> as we close on the end of the year and decadehere is a belief on wall street that the stocks and is secretary esper that outperform one year often underperform the following. and vice versa. but is the same true over longer periods of time? bob pisani takes a loo >> what a decade it has been. it started out with fear. ends with historic highs. ending with a search for growth that's buy technology the ultimate growth stock have dramatically outperformed this decade u oh oh% as a group. the bottom sectors have a notable standout. energy. oil stocks have had no gainshe st decade. what's next? if history is a guide investors should avohe fallacy that the future looks lik the past. we have often noted that stoins sectors that outperform wund year uer perform the falling year it's called mean reversion it's the tendency for most investments to return to long-term

chip companies are waiting to see how much they can or can't sell to huawei we are underweight semisterday went to overweight on software selectively it is a mixed bag. >> overweight on software, what was the calculus that caused you to upgrade that sub sector >> the trends are good the group underperformed the last three to six months semis that outperformed. looking for semis to come in, they're at a high historically you have software selling ten times revenue, don't want to touch those. bigger cap names look attractive microsoft service now, sales force, maybe vmware, we're looking for software to come back after underperforming much of the year. >> with regard to internet, we spoke about faang names getting upgrades is faang attractive to you largely or no? >> i think faang is. internet in general had a horrible earnings period a lot of midcap e-commerce platform names, pinterest, etsy, twitter had a tough time, but part of the problem was losing share to facebook andgoogles o the world. we maintained that the thing that really concerns me about the stocks longer term is technol

new zealand plans to destroy nearly all high—powered semi—automatic assault rifles. to hand in their firearms as part of an amnesty. in the centre we visited in christchurch, these are some of the guns that have been handed in injust one day. and why do you think it's so important that these guns are now off the streets? as you can see, all of these are semi—autos. they can take up to 30 or more magazine capacities. sks, again, semiautomatics. these are the go—to firearms for mass shootings worldwide. but while the ban was swift, it's not without its critics. this is the hand loaders' range, on the outskirts of the city. in a country where there's roughly one firearm for every four citizens, the people here represent decades—long traditions of gun ownership. we've had a really world—class, i would say almost the best in the world, history of low firearms crimes in new zealand, because we regulate the people, not the firearms. but none of this legislation is doing that. across the country, tens of thousands of guns have been handed in. the police are keen to deem the

semis are the most important indicator and group for this market in our view as long as they continueghs, as they're doing, i think it bodes well for the broader market so, december 18th, micron earnings, that will be an important gauge to watch as long as they continue to outperform, it's hard to get negative on the market >> just under seven minutes left to go in the session let's get to meg terrell for a look at biotech's biggest movers >> two pieces of news have biotech stocks on the move a positive vote from a panel of outsider advisers to the fda for its drug for a rare eye disease. an approval decision from the regulator is expected by march amarin getting approval for its heart drug vascepa. the stock rose friday, but it has been down today, as investors already are gearing up for the company's patent battle over the drug. a trial is scheduled to start in january. finally, biomarin getting news for its medication on the most common cause of dwarfism >> meg, how is that being received among people in the little people community? >> it's a really important question, contessa it'

bafetimbi gomis with the goal putting them through to a semi final against brazilian side flamengo. miss that match but the al hilal coach took time after the game to respond to criticism his team only won as they had more money. money gives quality but at the same time it is a team, a group, motivation. the way that this team has showed until now... and the result, you know it is not done finally by the money. patrick reed's caddie has been banned from working in the final round of the presidents cup after he shoved a fan on saturday. kessler karain confronted fans in melbourne after reed was being heckled — as he has been all week — following his two—stroke penalty in the bahamas last weekend for improving the lie of his ball. play resumes in around half an hour with the american‘s trailing 10—8 against the international team. the americans need 71/2 points to win an eighth successive title, while the international team need 51/2 points to record just a second victory in 13 attempts. 12 singles matches take place on sunday. now to cricket, where australia will take a a17 run lead