i'm assuming you watched "people's court" from time to time, with judge wapner. i did.r it was the first glimpse that everybody had into a court room. tv announcer: what you are witnessing is real. "the people's court." what'd you think? i thought he was humorless, actually. but if you wear anything other than a wedding ring, or stud earrings to work and they're lost or stolen, that's just your tough luck. but it was fine. i never found him a particularly charismatic fellow, and i know he for sure wasn't crazy about me. but i think he wanted to do the right thing. i think he was very interested in a just result all the time. you never thought, when you watched "the people's court" with wapner, "i could do that better," at some point? oh, i thought that every day, that i could do that better. - ( laughing ) - did you-- were you ever interested in it? i did, as a matter of fact. and i said, "you know what?" wapner is retiring, i probably could do that job. and i got the telephone number of the office. and i called and somebody answered the phone, and i said, "hi, my name

. >>> i'm scott wapner.n "the halftime report, why the "which parts of the market are primed to outperform at the ebb of the year we'll discuss and debate that question and top rate annist to tony sa tony sakinagi joins us and after square's 240% run this year, why is one analyst saying to get out while you can? "halftime report" starts noon eastern and we'll see new about ten minutes. >> looking forwardto it. rick santelli with the santelli exchange rick >> thank you, john you know, this morning my guest was dr. lacey hunt and we talked about the u.s. recovery and it is the weakest post-war recovery ever so let's talk about the recovering recovery and has the last year since the election changed anything in his mind regarding that this is not a great recovery the answer is no obviously if you're full pedal to the metal owning stocks you might have a different answer because the stock market, obviously after november 8, really has skyrocketed you heard carl backing away from today's highs, but seems like alm

. >>> scott wapner coming up today. "halftime report" at the top of the hour is u.s.he best or are stocks even stronger abroad >> sell one carrier, maybe another. the call and the debate and as twitter, facebook and others take the hot seat, one says sfamy needs a shake-up that and much more top of the hour jason "l.a. times" to throw a few flames around so he'll do it at "halftime request the request the. >> can't wait. scott wapner, see you in a fee cme e group in a few let's get the santelli exchange. rick >> good morning, carl. and before we get to the main topic regarding the fed i would like to talk about the markets a bit. you know, two-year note yields are still virtually on their high yields of the day hovering at 161 but as you move down the curve, things have changed if you see five years, they have lost two basis points, so have 7s and sos have lost three and 30s have lost three. what i find fascinating is i always like to try to be sherlock holmes when it comes to market moves let's look at an intraday chart or a couple of days of ten-year note yields and

i'm scott wapner our top tried this hour getting defensive. why one well-known stock strategist says it's about to get tougher or investors even as the major averages hit record highs once again with us for the hour, joe terranova, josh brown, jon najarian and the ubs private wealth manager advisor dow, s&p and nasdaq all hitting new highs before pulling back. the dow is now down 60, s&p down about 6. the question is how long will the good times last for investors? our first guest today says 2018 will be more challenging jim paulson is chief investment strategist live with us today from minneapolis welcome back. >> thanks for having me, scott. >> i thought things were about to get really good what's the problem >> well, they could be i -- i just think there's some challenges that are starting to show up. i don't see a bear market next year but i think we'll take a pause and could have a correction here. you know, the biggest thing that bothers me is positive economic surprises to me have been a big part of the rally in the last couple of years

i'm scott wapner our top trade this hour. the stretch run setup with just five trading weeks left in 2017. why stocks are primed for another push higher. the question is which sectors are likely to see the biggest bumps into year's end? with us for the hour today, joe terranova, steve weiss, josh brown and surat atip and kevin o'leary joining us as well stocks hitting new highs today and falling back a bit and the dow manages to be in the green, up 36 points p.josh, the setup does seem to be pretty good between now and the end of the year. >> well, i mean, look, just from a bigger picture, we talk about trend a lot and i think you have to respect the primary trend, and so from that standpoint let's review what went on last week, a holiday-shortened week but so what. a new record all-time high in the nasdaq and the dow, and then you had the canary in the coal mine that was supposed to be down and a new 50-week high in the lts so you can look at all these things and say i'm going to go the other way of things. you'll be on the

i'm scott wapner our top trade this house, the home stretch with stocks breaking, even more records today. will the final two months. year take the rally even higher, and if so, where are the best places for your money? with us for the hour, steve weiss, john lantial, jon najarian, a full house the market crossing $23,500 for the first time ever. it's pulled back and the nasdaq and russell have gone negative doc, we go to november we've got two months where do you want to play ball for the last two months? >> i think you stick with the one that bring you, judge. in this case it's technology that's where i want to be right now. it's where i am. do i like a certain amount of material stocks right here as well, but i really like technology, and when this tax bill ultimately does pass, as i believe it will, and they are even talking about a bipartisan passing in the senate, if indeed that occurs, i think you get a significant boost from here. >> okay. so on that note, why don't we take a check of where we are, right? we know that technology has had a great run to date. the tech sector is up 3

wapner is retiring. i could probably do that job. and i got the telephone number of the office., and i called and somebody answered the phone and i said hi, my name is judge judy sheindlin and i'm the judge. i'm from new york. did you ever think of doing -- female people's court and whoever was on the phone was a woman. she said to me lady we're packing up. the show is over. and hung up the phone. and hung up the phone. but reason. >> judge judy sheindlin and if you find her a little bit shrill or testy she would be very pleased. >> one of my favorite things i've seen on "60 minutes" was your profile. that had a huge impact on you going into television. >> it must be seen to be done fast. >> could you please move on. i have about 20 other cases to do today councilor. >> from that "60 minutes" piece a couple of years later of the two girls from the people's court called me in my chambers and said would you ever think of doing this? and it was from that came the show. i went out to california. and when he said sign on the dotted line a

i'm scott wapner our top tried this hour getting defensive.l-known stock strategist says it's about to get tougher or investors even as the major averages hit record highs once again with us for the hour, joe terranova, josh brown, jon najarian and the ubs private wealth manager advisor dow, s&p and nasdaq all hitting new highs before pulling back. the dow is now down 60, s&

i'm scott wapner our top trade this hour. the quiet correction almost no one is talking about, and whether this week will prove a turning point for the rally. with us for the hour today, jim lebenthal, josh brown, the ubs private wealth manager, one of baron's top 100 advisers and tom lee is here, head of fund strat global advisers. let look at the market steve weiss, are we going to look back at this week and remember it as the start of a more turbulent if not volatile period for stocks or yet another blip on the road higher? >> i think you have to look at it two separate ways yeah, the seasonal patterns which will take you higher into year end i believe, but what's added that element of volatility is clearly the tax plan. if it's going to happen, it's not. the market trades up and down on that, and my personal view is that that volatility will persist. they gave a christmas deadline for getting it done. i don't think it happens so these are buying opportunities that we saw with tech, alibaba, for example you have an opportu

. >> let's get to wapner and "the half." >> and welcome to "the halftime report."r we begin with a an exclusive interview, billackman and the final fight over adp the proxy vote less than 24 hours away and the company's future hanging in the balance. the stakes also high for mr. ackman himself after two tough years and questions about his own future as an activist investor. bill ackman back with us here today in studio. welcome back. >> thank you >> let's start. this is the final push how are you feeling going into this vote? >> great. >> yeah? >> even though david faber earlier reported that according

i'm scott wapner our top trade, dow drivers, walmart and cisco surging today after earnings, but with both stocks making 52-week highs today, is there still time to get in joe terranova, josh brown, jon najarian, and pete najarian is with us as well from minneapolis. look at walmart and cisco's performance. walmart up 9%. joe terranova, you bought walmart today. >> absolutely. >> even though the stock is up sharply as i said. >> and that does not matter to me because i think the stock continues to go higher you have to re-evaluate how you're going to look at this company in terms of the growth that they are producing right now. this is about multiple expansions this is about a company that we're pricing at x ike i think it's time to price it as x plus clearly the purchase of jet.com was just a sensational purchase and you're seeing evidence of that right now i bought it today. no problem buying it up 8%, it's going higher. >> josh, comps best in eight years. grocery comps best in like six years. >> i'm saying do you remember -- >> you've been talking about this stock for a long time.

i'm scott wapner on this friday. astounding apple the company crushing earnings.t market cap closing in now on $1 trillion, all this as the new iphone hits had the market today. what the top analyst on the stock is doing to his price target today we'll find out in a moment with us for the hour, josh brown, steve weiss, brothers george nan and kate moss shares rights after the company blows past expectations. its market cap now almost $900 billion. josh, stocks trading at be a all-time high, all the way back to the ipo in 1980. >> yeah, well, and deservedly so look at the size of this business look at breadth of everything that they do and how it all works together look at the services revenue look at the fact that the jesus phone is upon us, and people are waiting on line in every cosmopolitan city in america and soon to be the world you know, i think you have to give these guys their due, and i think big picture what we did on the show with ale is very important two weeks ago. you had those rumors start to surface from the quote, unquote asian suppliers. every ti

i'm melissa lee in for scott wapner the tech index is outpacing the market by a bigger margin than at any other time dating back a decade is it time for investors to move on or to keep piling in? with us joe terranova, steve weiss, jon and pete najarian and also with us is kevin ollie. and we start off here with this giant spread between tech and everything else. dom chu is running the numbers. >> hi, melissa it's really tech and everything else, and just a handful of stocks have been driving all of that action within technology. justier-to-date, look at the lens of exchange-traded funds, the spdr, the s&p, up 16%, very respectable and take a look at the tech sector spdr, xlk, 32% so a doug over its competitors within the market. take a look also going all the way back to 2009 this was the last time that we saw this kind of outperformance by technology overall. that gap is just widening out as we see that performance. we took a look within the xlk, the spdr technology action, so we looked at stocks over $100 billion in market capitalization and have posted better than the index return

women of the united states armed forces now a special edition of the "halftime report" with scott wapner live from the intrepid sea, air and space museum. [ cheers and applause >>> hello and welcome. it is great to have you with us today. we are so honored to be here on the intrepid with an all-veteran lineup of special guests a very special thank you as well to our live studio audience today for braving the cold to mark this special occasion with us several of our traders are with us today we're going to get to them in just a few minutes but with me here onset inside this giant ship to kick things off today our very own joe terranova, army veteran, wall street grad, vinny viola is here, stephanie link as well along with navy veteran jim laventhal. we salute you and your service to this country. vinny, certainly an honor and privilege to welcome you to the show as well. >> it's my distinct honor and my distinct pleasure to be here. >> will you tell me first and foremost what veterans day means to you >> well, for me it reminds me of the service performed by the people, soldier, sailor, a

i'm scott wapner our top trade this hour, the new prediction of how much is really riding on the republican tax plan and what happens to stocks and your money if it doesn't pass with us for the hour, joe terranova, the brothers najarian and jim lebenthal and aaroerin, lot depends on the tax plan. doc, they draw the live. you get taxes through and go to 2850 on the s&p. >> okay. >> you don't, you get an air pocket pretty quickly of 5% to the downside that sound all right with you? >> i think that when we hit the new year, when we ring in the new year, if we don't have a tax plan passed, judge, we will see an air pocket. don't know if it's 3%, 5%. i doubt if it's much more than that, but that's, like i say, a little over a month from now what i'm looking at if it doesn't pass, so not this week, but i think they will do it into the new year if that doesn't pass. >> jim lebenthal, this goldman prediction about where things go they see the market continue to go up over the next couple of years, not nearly as much as they do in '18 they are lacking for a nice double-digit gain. things slow and mu

i'm scott wapner our top trade this hour h.sentiment shift. the stunning new survey showing investors are now the least bullish they have been in more than 16 years. what it means for the direction of stocks in the months ahead. with us for the hour, joe terranova, stephanie link, surat najig and pete narngian. stocks off the lowest level and now more insight into where investors think they could go from here. yale's robert shiller with that today. professor, welcome back. >> my pleasure. >> your new survey says investors are the least bullish they have been since back to 2001 energy. >> well, that's true but they were very bullish just -- several months ago so it's kind of oscillating we're referring to my one-year confidence index. >> yeah. >> yale school of management publishes. >> what do you think it all means for where and how investors see where the stock market currently is after what's been a really strong year? >> well, i'm concerned it's not just the one-year confidence, but it's also the valuation confidence that both individual an

i'm scott wapner stocks bouncing off what was shaping up tonight worst day for the s&p in three months. now the question is this pullback the start of something more ominous for stocks at the beginning of a bigger rollover with us today, joe terranova, jim lebenthal, jon najarian and karen firestone. once again, as you can see there, stocks pulling back today. it's the pull back in small caps that got our attention earlier they, too, now, josh, have moved off of their low so should we be focusing today on this comeback for stocks intraday or the fact that for the fourth day in five both the dow and the s&p are negative >> well, so it's a really -- it's a really outlying year just overall. we haven't really even challenged the rising 200 day. the entire day in the s&p. not even the 50 day for most of the year so i think if we are to have a 5% or a 10% pullback from the highs, i just don't feel like anyone should think that that's out of ordinary or that it signals some kind of a shift in the broader trend which is higher just to reiterate. we're in a secular bull market that began in th

. >> let's get to wapner and "the half." >> and welcome to "the halftime report." i'm scott wapner we begin with a an exclusive interview, billackman and the final fight over adp the proxy vote less than 24 hours away and the company's future hanging in the balance. the stakes also high for mr. ackman himself after two tough years and questions about his own future as an activist investor. bill ackman back with us here today in studio. welcome back. >> thank you >> let's start. this is the final push how are you feeling going into this vote? >> great. >> yeah? >> even though david faber earlier reported that according to his information that you're going to come up short. >> yeah. so here are the facts. facts are i don't know whether we're going to win or lose tomorrow neither does adp, so when i saw faber's report i was kind of puzzled by it, so i looked the top ten investors own 32% of the company. 75% of those shares have not been voted yet, and why is that? because the big institutions wait until the absolute 11th hour to vote because they don't want to get lob

i'm melissa lee in for scott wapner the tech index is outpacing the market by a bigger margin than atime dating back a decade is it time for investors to move on or to keep piling in? with us joe terranova, steve weiss, jon and pete najarian and also with us is kevin ollie. and we start off here with this giant spread between tech and everything else. dom chu is running the numbers. >> hi, melissa it's really tech and everything else, and just a han

i'm scott wapner stocks bouncing off what was shaping up tonight worst day for the s&p in three monthsthe question is this pullback the start of something more ominous for stocks at the beginning of a bigger rollover with us today, joe terranova, jim lebenthal, jon najarian and karen firestone. once again, as you can see there, stocks pullck

wapner will be pleased with that one.he drama is next week the nfl is talking about we want to have a rule we'll keep the players in the locker room for the national anthem rather than having them come out, so we don't see anyone kneel or not. they're not sure what to do with that even donald trump tweeted at the commissioner and the league saying this is a bad idea, this is worse than people kneeling because they're not even out there. and commissioner goodell's contract may be signed as early as next week >> 40 million we're thinking >> he was asking for 50, but 40 million is where it will probably end up. >> is this a crucial weekend for the nfl? are we on track to continue to slightly disappoint on the ratings? >> it's hard to imagine what will change the direction. it's been on track negotiate sie negative the whole year. those are just three games yesterday, you have so many more sunday and monday. they usually give a full weekend average as the number they give you the. >> great stuff thank you very much. lovely to

i'm scott wapner our top trade this hour, the tech wreck and what today's big selloff in that sector could be telling us about where the market could head next with us for the hour today, jim lane ial, steve weiss, pete najarian and carrie firestone, the ceo of arias asset management and michael farr, and we to want to be

let get to the judge >>> and welcome to "the halftime report "i'm scott wapner. milestone for apple crossing above $900 billion in market cap within the last hour. the first company ever to do so. a remarkable run for this stock. as you know this year, the question is now how high can it really go. >> with us for the hour today to discuss and debate that question is jim lebenthal and jon and pete najarian. >> i

i'm scott wapner our top trade this hour, the new prediction of how much is really riding on the republican happens to stocks and your money if it doesn't pass with us for the hour, joe terranova, the brothers najarian and jim lebenthal and aaroerin, lot depends on the t

mike, thanks for being with me here hand it off to scott wapner. the half >> welcome to "the halftime report." top trade this hour the big move in the markets some charts are predicting a pattern that held true for more than 50 years. the question is, is is the calmest market we've seen in decades about to change? with us for the hour, joer erj, stephanie and pete stocks poised some say for a bigger move. eric is here

i'm scott wapner our top trade, dow drivers, walmart and cisco surging today after earnings, but withh stocks making 52-week highs today, is there still time to get in joe terranova, josh brown, jon najarian, and pete najarian is with us as well from minneapolis. look at walmart and cisco's performance. walmart up 9%.

i'm scott wapner our top trade this hour h.sentiment shift.g new survey showing investors are now the least bullish they have been in more than 16 years. what it means for the direction of stocks in the months ahead. with us for the hour, joe terranova, stephanie link, surat najig and pete narngian. stocks off the lowest level and now more insight into where investors think they could go from h

mike, thanks for being with me here hand it off to scott wapner. and the half >> welcome to "the halftime report." top trade this hour the big move in the markets some charts are predicting a pattern that held true for more than 50 years. the question is, is is the calmest market we've seen in decades about to change? with us for the hour, joer erj, stephanie and pete stocks poised some say for a bigger move. eric is here with that evidence. >> that's right, scott take a look at the chart behind me it shows the trading days between 5% drops going back to 1950 in the s&p 500 an if you discount what happened here in the '70s don't worry about that. the patterns we're right here around 2,000 trading days since the 5% drop and that happened a few years ago and it happened a few years ago, and it happened many decades ago in the 1950s, so this pattern happens over and over and over again, and we're due for a big drop it's very different than the markets we've seen so far. we are due for a 5% drop but if you look at the flipside, the other side of this c

i'm scott wapner on this friday. astounding apple the company crushing earnings.market cap closing in now on $1 trillion, all this as the new iphone hits had the market today. what the top analyst on the stock is doing to his price target today we'll find out in a moment with us for the hour, josh brown, steve weiss, brothers george nan and kate moss shares rights afte

let get to the judge >>> and welcome to "the halftime report "i'm scott wapner. we begin with a major milestone for apple crossing above $900 billion in market cap within the last hour. the first company ever to do so. a remarkable run for this stock. as you know this year, the question is now how high can it really go. >> with us for the hour today to discuss and debate that question is jim lebenthal and jon and pete najarian. >> i expect this to go higher. and guys always say where do you think it's going, $200 a share and the numbers we got this past quarter were absolutely astounding we saw the service numbers as they came across start to look at the miscellaneous being as big as most companies, scott, or bigger than most companies, quite honestly 12.6 billion that says so much about what apple has been doing and-wises wants to call it innovation or not, that's not really the issue. do they make the best and release what they have got when it's actually ready to go, and the answer is yes and yes. >> well, let's see, josh, what happensif it can close above thi

i'm scott wapner a few minutes past 12:00 our top trade is about taxes and the hidden truth about the republican tax plan and ma little known proposal changing the rules on how investors can sell stocks. that provision first revealed by "the wall street journal." already under fire now a tweak to the plan is sparking even more outrage today. our eamon javers live in washington with the very latest on how every individual investor could pay the price. eamon? >> yeah, that's right, scott i mean, this is washington, d.c., so every single thing needs an acfive. this is called fifo, first in, first out, a little noticed provision. we talked about it last week on cnbc, but it's getting a lot of attention today again. it requires individual stock sellers under the provision which is in the senate bill to sell the oldest stock they hold in a given name first so the senate tax provision forces them to sell the oldest shares first blocking a tax minimization tactics of selling the shares with the least gain, that is presumably your newer shares would have left gain if they have run up over the

i'm scott wapner our top trade, the runaway rally and your money the dow smashing through 24,000 todaying for eight straight months of gains what, if anything, can stop stocks with us for the hour today, joe terranova, josh brown, steve weiss, and kevin o'leary is with us we do want to begin with the markets and the cnbc exclusive interview this hour, carl icahn joining us liv

i'm scott wapner our top trade this hour.et correction almost no one is talking about, and whether this week will prove a turning point for the rally. with us for the hour today, jim lebenthal, josh brown, the ubs private wealth manager, one of baron's top 100 advisers and tom lee is here, head of fund strat global advisers. let look at the market steve weiss, are we going to look back at this week and remember it as the start

"the halftime report" with scott wapner and the traders is back in two minutes is the monolithic view of emerging markets obsolete? at pgim, we see alpa in the trends, driving specific sectors of out performance. where a rising middle class powers a booming auto industry. a leap into the digital era draws youthful populations to mobile banking and e-commerce. trade and travel surge between emerging markets. everyday our 1,100 investment professionals around the world search out opportunities for alpha. partner with pgim, the global investment management businesses of prudential. throughout my career, i've been fortunate enough to travel to many interesting places. i've always wanted to create those experiences for others. with my advisor's help along the way, it's finally my turn to be the host. when you have the right financial advisor, life can be brilliant. ameriprise >>> welcome back to "the halftime report. i'm dominic chu. robert mercer of renaissance technologies is acceptisteppings co-ceo of the company. bob mercer got a lot of notoriety for being a big supporter and financial

i'm scott wapner our top trade, the runaway rally and your money the dow smashing through 24,000 today now pacing for eight straight months of gains what, if anything, can stop stocks with us for the hour today, joe terranova, josh brown, steve weiss, and kevin o'leary is with us we do want to begin with the markets and the cnbc exclusive interview this hour, carl icahn joining us live on the phone for his first interview in ten months since president trump's inauguration since then stocks have roared to all-time record highs, including today's 24,000 milestone mr. mr.icahn writing a letter criticizing the planned deal with bonanza creek and its adoption of a poison pill, which he calls a travesty. carl, welcome back it's good to talk to you again. >> good to talk to you. >> we'll get to this incredible stock market in a moment, but let's begin with sand ridge. that's your news of the day and this letter that you've written to not only criticize this planned acquisition but a poison pill that you refer to as a complete travesty and representing a new low in corporate governance why so

i'm scott wapner our top trade this hour, the tech wreck and what today's big selloff in that sector could be telling us about where the market could head next with us for the hour today, jim lane ial, steve weiss, pete najarian and carrie firestone, the ceo of arias asset management and michael farr, and we to want to begin with the rollover in technology stocks because even though stocks overall hit new records hit again today, the group that's led this rally all year long is getting hammered from chips to the f.a.n.g.s and almost all points in between pete, it is an ugly day. >> it is. >> boy, the semis are having their worst day in nearly a year. >> after absolutely sprinting. >> why >> they sprinted after the numbers and we talk about the banks and the pauses and we don't talk as much about the technology names take it a a look at where some of those names were going into earnings, apple or facebook or any of the chips look at micron it pushed up against 50 and now it's obviously been on the slide. to me it looks like another part of what we've been talking about the entire year

scott wapner reporting it is not just the cowboys owner jerry jones that's upset about the current deal on the table. scott is here with the latest. >> this has been portrayed as jerry jones versus the other owners and the commissioner himself about his new contract extension. i'm told from sources that more than half, more than half of nfl owners also do not want to rush into the extension with roger goodell, which is said to be asking for $50 million a year, 49.5 million, with lifetime use of a private jet that for a variety of reasons the owners just don't think they need to rush into anything mr. goodell is under contract through next year. there's a new harris poll out today that shows that 60% of voters disagree with mr. goodell's handling of the anthem issue, and that his job approval rating is at 50%. and that giving an extension now, especially with that kind of money on the table would be a pr disaster for a league already hit by decline in ratings and grumbling from some of the league's sponsors. i am told owners would rather wait, at least half would rather wait until owners

. >> you keep getting defections and then you get little things like the -- i'm on scott wapner's showout the last in, first out versus first in and you can overchoose your lot in order to be able to avoid taxes legally, you have to take your first lot but the mutual funds got exempted from that it's one more reason why people may not want to own individual stocks but go with mutual funds, which is really -- i don't know why the republicans seem to think that's such an important issue because they are so pro stock market but i'm hoping the president realizes that's really hurts the vest investor. he seems to be pretty pro -- >> he's been vocal on twitter all weekend, made fun of jeff flakey as he calls him now, says it will be a no. apparently flake's office is not definitively said that. >> i saw a little not. volvo to supply uber in 1 billion in self-driving cars this is again and again, self-driving cars, i mean, we're just going to see them on the street we're just going to see them >> let's get to the opening bell and s&p at the bottom of the screen at the big board, october gone