right now we're already there and well above it gaining 343 points tony, the spirit and t3 tradings prop trader scott redler. tony, right mow you're looking at all different kinds of things and looking at where money is best spent. >> it's a combination of fundamentals and really good and song and looking beneath the surface, there's a lot of opportunities in the market and for example we've been talking about the equally wait versus caprate. liz: this level is hair here and scott cops in with s&p 500 level and at the moment standing at 5,781. that is something that you have said, scott, it's 167 held for two weeks and what do you think about that? >> a new level and market is a technician and tactical market timer and we need to see for them and fundamentally it's irrelevant >> we done want to fight and go with it and equally very important and first half of the year and everyone was saying it was the mag 7 and equally s&p took over for them and fed expectations for 72 basis points of a cut and then with the jobs report on friday, being so strong, went to 50-basis points and the market had to prove

it is truly a honor for me to introduce tony scott to you today. tony spent 29 years-i counted all those days and he met june to june. 29 years with the sfpuc, all that time he was at the sunol valley water treatment plant. rose through the ranks and became the chief of the plant. he knew the plant inside and out and called the plant home. all his crews went to him for all the questions but can't just his us. if you are working at the project engineer or contractor you be talking to tony where is what and what did this do what to. tony always knew it wasn't a 9 to 5 job and took it seriously. he want just answering calls. i remember tony going into the plant to cover shifts that we had a hard time getting people to go to. like midnight to 6 a.m., but that is how dedicated tony was. i also want to say tony was so skilled. when we had emergencies and we wanted somebody to start up the plant it was tony we called. i want to thank tony for really saving the system countless times with his skills, with his dedication, and also doing it with such a positi

scott, back to you. >>> we're just getting started on "the bell." tony pasquariello is back with us breaking down how investors should position their portfolios ahead of a few critical weeks for the market. we're live at the new york stock u' wch.e yoreating "closing bell" on cnbc. ♪♪ ♪♪ ♪♪ at state street, we know everyone's trying to get somewhere. ♪♪ take the next step toward your future, by investing in the dow with dia. getting there starts here. ♪♪ i got my (bleep) together. the whole class knows i got my (bleep) together. you can get your shots together too. ask your healthcare provider about getting this season's covid-19 shot when getting your flu shot, if you're due for both, as recommended by the cdc. ♪♪ ♪♪ i joined sofi because they've helped millions of members earn more money, save more money, borrow better, and invest for their ambitions. ♪♪ join a generational player. sofi. get your money right. growing your business is easy once you know the moves. with godaddy websites plus marketing, you can quickly create a website, and ai will custom

scott. >> pippa, thank you. pippa stevens. we're just getting started up next, lo tony is up next. he's going to join us after the break. we're live at the new york stock exchange you're watching "closing bell" on cnbc. (cheerful music) (phone ringing) [narrator] not all multi-millionaires built their wealth the same way, you have... the fearless investor. the type a cpa. the bootstrapper. the bootmaker. yeehaw [narrator] but many do have something in common. we all trust schwab with our wealth. [narrator] thanks to our award-winning service, low costs and transparent advice. every day, over a million multi-millionares trust schwab with more than two trillion dollars of their wealth. what will you do when the power goes out? power outages can be unpredictable and inconvenient, but with a generac home standby generator, your life goes on uninterrupted. because when your generac detects a power outage, it automatically powers up, giving your family the security and peace of mind they deserve. we don't have to worry about whether we lose power or not. if the utility company does not c

tony hinchcliffe, opening speech at that trump rally, which quickly drew bipartisan condemnation for calling puerto rico. >> a floating island of garbage and quote, florida's republican senator rick scott, quote, this joke bombed for a reason. it's not funny and it's not true hinchcliffe remarks, not the only speech that took a dark turn as several of trump's allies attacked his opponent kamala harris kamala harris, she's just she got 85 million votes because she's just so impressive. >> as the, first samoan malaysian low iq former california prosecutor ever to be elected president. >> here's the anti-christ when i hear kamala speak script from hollywood with a really, really bad actress turning now to talk more new york democratic congressman dan goldman a congressman, good morning. wonderful to have you on the show but let me just start with your reaction to what you saw last night. >> you know, let's first make it very clear that this entire rally was donald trump's rally. everything was vetted through donald trump and his campaign. all of these speeches were up on a teleprompter. they had been edited and so what has come out of that rally is nothing that donald trump has to say oth