. >> plus, traded or faded, financials from next week, testing, belter, unh, we will is the trader on where they stand on these names. later, our chart of the week, a big player has been delivering since the start of july, up nearly 9% since last friday. we will unboxed the name and see if it should be in your shopping cart. i'm courtney reagan in tonight's -- we are fast money life from the nasdaq market. tim seymour, jeff mills, and julie beale of kayne anderson rudnick, thank you for joining us here tonight. we start with what has become a rare phenomenon for the market this year. and ever elusive weekly gain for the s&p. the benchmark index fell slightly today, but it has still posted a gain of nearly 2% for the week. the dow is also down slightly, but the nasdaq managed to rise for a fifth straight day, his longest win streak since november. all this after the juno report showed the economy added more jobs than expect last month, but the real test could come next week when the second quarter earnings season kicks off in earnest. big banks like j.p. morgan, also delta, pepsi, and

i like preventative health care and i like unh as a main stay in the space.re late, as rob said late cycle defensive i think health care is a good place to be in. and i don't think it's overloved. i know there's a lot of folks on the street that like it but there's still room to the upside, not just the management companies but also in the pharmaceutical space as well. >> abbott, cvs, johnson & johnson, striker, health care was your stock summit sector pick at the beginning of the year. >> yeah. the sector has done remarkably well, many of the stocks have significantly outperformed the broader market but there are still opportunities, particularly for the sector, the one name that we recently added, pet health, it's a lot of reasons or the excited here because one in five households adopted a dog over the last couple of years, pet health you don't deal with the medicares of the world, insurance companies of the world, mostly a cash buyer, people tend to favor spending on their pets this is a name down about 28% for the year so i think there are still pockets

it will lead the dow along with unh and visa. that brings us to amazon.t of notes about prime day and estimates of 19% growth. year on year. which is better than a lot of analysts expected.>> it is better. this is a stock where people will grasp for reasons to say things are turning for the better. if there is a stubborn mega, bullish consensus, it seems as if people have written off the e-commerce side is a growth engine. that could help on that level. you are up almost 3% today on amazon. it has done nothing but hurt the whole nasdaq complex. it is 40% off its high. maybe some relief on that side of things. in terms of the other piece of the business the value in cloud, you are seeing some distant starts of traction in those valuations. but it is too early to say. >> we think there is a decent chance barclays prince a better than feared q3 guide. interesting piece in the journal about getting out of private libel. hard to say if that is about regulatory relief or just week sales on the amazon label.>> they characterized it as a way to inoculate themselv

speaking of winners today like unh, netflix and snap are both seeing a nice rally and we'll trade them in today's three-stock lunch which begins on "power lunch" right now ♪ ♪ >>> welcome to "power lunch. i'm jon ford in today for tyler matheson here is what's ahead lots of green this friday on wall street. inflation expectations fall, retail sales rise. is this a sign equities on the road to recovery kelly? >> thanks and welcome. it's a good day for the broader markets, it's been a tough week for software estimates cut and target prices slashed and multiples compressing. the sector on pace for the first week since february of 2021. this hour we're finding value plays amid the deepening slump but first to dom chu for a check on today's rally. >> the s&p, dow and the nasdaq are up 2% and at the highs of the day we were up 658 points and at the low, still up around 145. that's just to give you an idea of the reign so far. the nasdaq is only up 1.5% from a sector perspective, definitely seeing that outperformance in the financials driven in no small park, driven by two of the big ones out

and i think you catch this for a pop as drawn and finally the biggest waiting in the entire sector, unh to the penny to the penny to the penny to the penny. it's a beautiful 45 degree angle and i think you just take your m arrow and extended. >> my mind is mush. >> it was melissa when you made some of those points. and grasso is here. i actually forgot about you. >> whatever's on your mind, i want to know. >> i felt like i was watching the show. i didn't want to jump in. >> is a friday? >> there's on deck, stay tuned. >> i will just give you a little bit of a drop-down. we start off work harder left off i think you're starting to see safer than the overall market. you have lily, biogen is up in a different sector and that is up 10% for the month. merck up for the month. moderna, that's one that's highly volatile and is up 30% for the last month. i think you see people rotate out of where they got crushed. moving into where they think the puck is going and i think you have a window of opportunity to where tim started off saying, i do believe inflation is peak and i believe you have a win

the 10 year annual return on unh is a stunning 28%, or apple is 22%. how money people watching to this or listening to this would see a boring hospital company will outperform apple, apple, apple? nobody believes that other than bankim chadha. jonathan: to binky 's point, his sector picks were defensive. tom: i am in the chada dow jones industrial fund. jonathan: futures up .75% on the s&p. you were meant to step in and stop this stuff. lisa: i am enjoying it. jonathan: facebook coming up a little bit later. apple and amazon coming out tomorrow. from new york, this is bloomberg. ♪ leigh-ann: keeping you up-to-date with news from around the road with the first word news. i am leigh-ann gerrans. the federal reserve is expected to raise interest rates by another 75 basis points today. looking at the language of the fed's statement to see what it thinks of the path ahead. likely to acknowledge there are recent signs the economy is weakening. president joe biden will meet with china's xi tomorrow. the call will take place during a difficult juncture of u.s.

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if you guys at home have an exciting videos to share with us hit me up at twitter at unh turner or foxt social media. and the happiest places on earth may be getting less happy these days. amusement parks across the country facing impressed an of breakout fights now. senior correspondent laura ingle takes a look. >> gillian the list of unamusing incidents happening at amusement parks around the country continues to grow as fights, threats, and bad behavior has forced some theme parks to step up security and in some cases change safety policies to help curve crude conduct. another aggressive incident caught on camera at a big-name venue. this one unfolding at a parking garage at the universal orlando city walk over the weekend. as the police say a group of juveniles going at each other, crossing the orlando police department to use a baton to break up the fight. the police effectuating the area telling residents in park goers the commotion did not involve any gun violence. there were no arrests and no weapons found on the scene. just days after we told you about this broke out between f

speaking of winners today like unh, netflix and snap are both seeing a nice rally and we'll trade themlunch which begins on "power lunch" right now ♪ ♪ >>> welcome to "power lunch. i'm jon ford in today for tyler matheson here is what's ahead lots of green this friday on wall street. inflation expectations fall, retail sales rise. is this a sign equities on the road to recovery kelly? >> thanks and welcome. it's a good day for the broader markets, it's been a tough week for software estimates cut and target prices slashed and multiples compressing. the sector on pace for the first week since february of 2021.

now, unh did a poll in new hampshire in advance of the new hampshire primary, well in advance of thelook at that, look who is at the highest ranking right there. now, albeit they're statistically tied but pete buttigieg, a guy you know well edging out joe biden. what does this tell you about what democrats want or don't want? >> well, it tells me there might be some awkward cabinet meetings in the future, but i wouldn't read too much into these polls. if you and i were sitting here at this point in 2018 pete buttigieg would have been at 0%. we know by now that he went on to have the closest second place finish in new hampshire primary history. what it tells me is that democrats, american people generally are very frustrated with the state of affairs. they're still feeling the pain of the pandemic, they're feeling the pain of inflation, they're feeling the pain of gas -- of high gas prices, which i will note have been falling for over a month, and they're taking it out on the president and that is quite normal in american history. at this time you looked at republicans approval of ron

the same cefc paid nearly five million dollars to hunter biden and his unhe will.ent firms bought a stake in a company investing in sinopec. we understand that loud and clear. we just don't know how and whether the president is going soft anywhere on any policy with our foreign adversary. >> yeah. what we do know is that we were right two years ago right? when the press told us, when 51 former intel officials told us the story about hunter biden and his laptop, connection, when they told us it was russian disinformation, turns out it wasn't, the information you gave us about the deal hunter biden was put together, we learned auld of that, when finally the mainstream press went public, guess what, the hunter biden laptop was real. eyewitness was real. eyewitness tony bobulinski was real. email, 10% for the big guy. that was all accurate. they finally came clean on that. we owe it to the american people to get the facts, to get the truth to them, if they give us the chance to lead in the house of representatives. elizabeth: congressman, one thing to your point that d

unh up 4.8%. the company does attribute its growth to the a subsidiary with, okta brand. full-year profit forecast for a second straight quarter as a slow recovery in non-urgent medical procedures and lower covid care costs help rein in medical expenses. and unleash the lawyers. twitter shares are are popping at the moment by about, let's see, 3.5%. as it brings in the big guns to aim right at elon musk. the social media giant set to have its first hearing this tuesday on motion to pension we diet -- to expedite a trial against elon musk. twitter is i suing musk for his decision to back out of his $44 billion acquisition of twitter. musk, meanwhile, is using twitter to answer a question about whether he plans to lower prices on tesla cars. elon tweeting: tesla could lower car prices if inflation slows. this is what's interesting about company. he decides whether to raise or lower prices pretty quickly. he controls all of that. he says if inflation calms down a bit, he'll lower the price. tesla, while up a third of a percent right now, is down about 5% week to date. >>> no

>> unh-uh. >> have you eliminated je'michael or another boyfriend unknown?f on her own? >> can't eliminate any of 'em yet. >> your mind is going crazy. you think of the craziest stuff. >> by now, danielle's disappearance wasn't just a hope mills story. she was featured on dateline's missing in america series. >> her face was always on the billboard. every time i'd hit a stop light, i'd see it. >> reporter: the media set up shop in the police station parking lot. deputy chief servie and his team started giving regular briefings. >> and we are leaving no stone unturned in order to find danielle and bring her home. people want information about what's going on. they're concerned about the case. >> we're a hungry beast. what do you got for us today? >> feed the beast. >> did that put extra pressure on the investigators because it had jumped the fence and really become a national story? >> yeah. there's pressure for answers, pressures for resolution. and in this case, you know, you had a beautiful, young 15-year-old girl just basically vanish into thin air. >> re

susan: multiply it by 7, only 30 stocks, adding to the rally on this friday, unh quarterly earnings,recast, raising for your outlook, the strength for united health is helped by strong performance and optimum health care services which allows you to bank money on one of those low deductible plans. ashley: you are going to look at twitter, what's the latest on the twitter musk saga? susan: it will be a long one. we have the trial appointing a judge who has a reputation for no-nonsense to twitter lawyers, it will only take four days for twitter to prove their case and start the nonjury case, the judge will decide and it will take four days for them although legal experts say the entire travel will take two weeks, saw her stocks, if you look for some red across the street, look at those severe declines, joe manchin would not support new climate change funding, no more or less government subsidies like the solar panel maker. ashley: they are down for sure. tesla asking its drivers in texas to avoid charging cars during peak hours because of the heat wave so you don't drive. an instructor