you don't bring tim draper on if you don't expect something provocative. for joining us. >> absolutely. >> as for next week, guys, man, it will be awfully busy. you have the fed and bank of japan, the president is going to address congress, we will get our first look at q1 gdp and then the wave of enks continued in what will be the busiest week names like microsoft, apple, facebook, ford, caterpillar, mcdonald's a good weekend let's get to "the half." ♪ ♪ >>> all right, carl. thanks so much welcome to ""the halftime report". i'm scott wapner front and center this hour only the biggest debate in the market right now, whether a correction or lift-off is coming for stocks and how best to position your money for either scenario we discuss with the investment committee today. joining me for the hour, kari firestone. jim lebenthal is with us along with jon najarian. good to see everybody. let's check where stocks are right now. dow is on pace to break its four-week winning streak it is really the same story today for the s&p, even though you are in

anna: tim draper weight in, saying doubling the capital gains tax rate might sound the death knell forilicon valley. donald trump touted a cut to the capital gains rate, saying the impact would be positive for jobs. where do stocks go from here? we see initial knee-jerk reactions to the story. dani burger joins us now with details. dani: this should not have been a surprise to markets. this was part of the democratic platform going into the election. i want to flakka coat -- quote from goldman. this came in october. you had before the u.s. election to get ready for what would happen to taxes. history shows stock prices fall, equity allocations decline, and momentum underperforms ahead of increases in the capital gains tax. however, any potential equity selling will be short-lived and reversed in subsequent quarters. it makes sense to his point that momentum is what gets hit the hardest. what is rallied the most will face the biggest taxes once those gains are realized. we've seen this in history. this is something ubs has flagged. in the 1986 capital gains tax rate hike, we also saw mo

appreciate that, elon and robert by the way, check us out later this morning on tech check we'll talk to tim draper might kill the golden goose in his words. that's america and silicon valley also with provocative comments on bitcoin we'll talk to him at 11:00 a.m. eastern time >>> and let's get over to dom looking at the bitcoin volatility which is now below $50,000. >> below $50,000, but off the lows we've seen over the course of the past 24 hours or so and to one of robert frank's points here about the recurrence or nonrecurrence of income, for many crypto currency traders out there, they're seeing perhaps some of the one-time hits c one-hit wonders about the gains they've seen in crypto if you look at the crypto complexover all, a sampling of them bitcoin, we talked about the prices below 50,000. you can see athere yum tanking by 10% off the session lows down by a little bit litecoin, bitcoin at 785 the moves are fairly large with regard to all crypto currencies we're talking about. if you look at the chart, one of the reasons why we have seen this is because it is dramatic when you see what ro

draper is tim draper who owns millions and millions and millions of dollars worth of bitcoin. doge coin going to reach a dollar in 24 hours? i think i know the answer to that. and, b, there are already companies that are jumping on the doge coin bandwagon saying, you know what. >>? we'll take that one too. >> yeah. you know, i have no idea, and i won't claim to have any idea what the price will look of doge coin. i doubt it'll get to a dollar, but i doubted it would get here. and companies are getting behind it. the dallas mavericks, i think, were the first people to accept it for payment for various things. so it's getting exciting. but, you know, as we say in crypto, memes are money. and we've had 2.2 million social mentions of doge coin just this week. liz: yeah, i know. mentions though and, again, you had conagra coming out -- [laughter] the parent of slim jim's meat sticks, saying that doge coin had actually engaged, honestly, i don't get it, but doge coin, they've been engaging some of their fans, and now they have a bigger social media footprint. it's not just conagra,