stuart: shah gilani, shah gilani, of all people. we're listening to you. let me recap the market because this is important. the state of the market is intriguing. we open the at 9:30 this morning and the market gradually went up to a gain of around 330 points. i think that was the high point of the market. that is people buying what they thought were bargains, moving the stock market up. at that point people were selling. maybe they take a 10 minute profit you can do that easily, virtually no cost, but you have to pay the tax. you pay the tax. down comes the market and we had plus 190. that was the best we had. now we bounced back up again and we're up to 225. so consistently throughout the day we have been in the green. no major selloff after 43 minutes worth of business, after a 2,000 point drop in the last two days. next, check delta. i think ash has news. ashley: temporarily reducing the number of weekly flights between the u.s. and seoul because of the global health concerns with the coronavirus. latest numbers out of south korea, 12 deaths. delta cut

shah gilani is with us. okay, shah, are we back to same old, same old, stocks just want to go up?precisely. i think what the market is telling us is that they are putting the coronavirus fears behind them with the prospect of treatment, the prospect of a vaccine out there. not accomplished yet, but out there. i think the markets are telling us that this is going to pass. and in the process of this happening, there's going to be a lot of, in terms of inventory draw-downs, there's going to be a lot of that. there's going to be a lot of crimping of supply chains. that means manufacturing is going to have to ramp up to meet those demands later on. the market is looking forward and saying this too shall pass and then when it does, things have to get heated up again. that's positive for the global economy and markets are reflecting that in terms of how they are valuing stocks. stuart: there's one more positive, a big positive, actually, broke earlier this morning. i think this is really helping the market and that's the adp report. you had 291,000 new private sector jobs. 291,000. for h

charles: we have capital wave strategist shah gilani. many go to you about investing.any are hesitant. should there be incentives to entice everyday folks in the stock market? >> the idea is come. it is long since overdue. this is fantastic and proposal as mr. moore said but i hope it comes to reality. the public would be better served if it targets the middle class and lower middle class for potential for those folks. those with $200,000, 300,000, they don't need it, they are heavily invested into the market, good for them. but lower and middle-class families should be incentivized into the market. 10 or $15,000 of their income should be cut out of taxation if the money is, 10, $15,000 put into the stock market for three years. that is how you incentivize folks to create wealth in the stock market. charles: so interesting, a couple days ago there was conversation on tv when george bush talked about putting perhaps social security money in the market. they pointed to the market crash saying, well that would have been a disasterous idea but i look at that differently. i

sh shah gilani, yesterday on the program you said you weren't touching it yet. you weren't buying yet. you were waiting for another downside move. do you see it now? are you buying now? >> no, stuart, i'm not buying yet. this is frightening in terms of how this week has gone. i was hoping to see a bounce. wednesday on your program, as the market sort of tried to gather itself, it was down almost 1,000 points, then came back to down only 250. i thought great, maybe this is going to be an interim bottom. of course, we ended up the day on the wrong side. yesterday's close on the low does not bode well for today. typically, what happens in a situation like this is investors do not want to own stocks, hold stocks or even the bargain hunters don't really want to go in on a friday. they are more inclined to sell going into a weekend because anything can happen with the virus over the weekend. bad news could spring up anywhere. investors don't want to be in position if something like that happens. typically if we end up on the lows today which would be rather ugly, typi