dead money got to be honest could have a little spike the way the woodstocks did today but have to because to me it sounds like that button i need to go to amy in connecticut, amy >> caller: hi, jim, i'm a long-time listener and action alerts member. >> yes, join me on the grill thursday what's up? >> caller: i want to know about chipotle mexican grill >> chipotle had to raise the workers' wages from 13 to $15. if there was a place on earth to pass on the costs, it's going to be cmg i think the stock is a buy it's the best run and i trust them i would buy chipotle i need to go to david in new york, david? >> caller: hey, jim. big boo-yah. >> boo-yah back. >> caller: so i'm calling today about discovery inc. >> yeah. >> caller: i bought it right after the sell off there i got it at about $42 a share. >> okay. >> caller: and since then, it's gone down. >> right remember, david, we don't care where a stock has come from. we care where it's going to and i think discovery is just okay i'm going to say it's just okay like viacom is just okay that's not enough for me to say buy a stock. i ne

your second gig -- >> woodstock.stock would be the biggest hit on the album released in 1970. the 50th anniversary edition a year late because of the pandemic. includes some memorable out-takes. >> there's a demo of me singing our house, and joanie was there and was at the piano with me, and started to play the top end of the keys. ♪ ♪ >> i wanted the fans of the deja vu record to be thrilled of what they were listening to and get an idea of what we went through as four people to make that one record. >> but the band that made that record may never play together again. how are you all with each other? >> stephen and neil and i are great. >> reporter: yeah. >> we talk often. we don't talk to david. >> i don't know, i don't expect to be friends with graham at any point. neil, hates my guts. >> reporter: why? >> i said bad stuff about his girlfriend. >> reporter: hm-mm . >> probably don't say it, dave. >> reporter: do you regret saying them? >> yeah, sure. >> you know, when that silver thread that connects a band gets b

and it was, of course, woodstock. ♪ >> i think woodstock was an opportunity for people to realize theyensive. this little hamlet has a population of under 100 people. when i started hearing the figures of 200,000, 300,000, finally, 500,000. we had a sea of people there. >> the word got out. everybody and their brother came from all over the country. >> first, the sudden rain. then the thirst and hunger from the shortage of water and food, just for the opportunity to spend a few days in the country getting stoned on their drugs and grooving on the music. >> we got together and had a little powwow about what are we going to do to feed these people? we went into new york to buy 1,500 pounds of wheat, rolled oats, 130,000 paper plates, 130,000 dixie cups, and i believe we served 200,000 people. >> by now there are tens of millions of people who feel themselves to be an irresistible river of change. and you get something incandescent. ♪ freedom, freedom, freedom ♪ ♪ freedom, freedom, freedom ♪ ♪ singing freedom, freedom, freedom, freedom, freedom ♪ ♪ freedom, freedom, freedom ♪ >> we had ha

make then senator hillary clinton's million dollars she lobbied for a museum to help us remember woodstock, makes her fiscally conservative i might add. welcome to washington, neil, where bad ideas never die. this is simply you know, this is, they have a face-lift now in these pork projects. it is ridiculous. not shocking that nancy pelosi is trying to pedal corruption and currency here with earmarks. it is a way to control and influence not only those in vulnerable districts but voters there as well. neil: you know, congresswoman, i was thinking of this, you're new to congress. you were not there at the time these were all the rage and everything else but they were the means by which still more spending was done. in other words, you would try to, putting it in crass terms, you buy off a congressman or

that's what i call them by the way. >> who >> woodstock. >> who do you call woodstock. >> cathie wood's stocks. >> oh, all those stocks. >> why not >> that was an unbelievable concert. >> that's woodstock. >> in bethel, new york, not woodstock. >> stay focused. >> sorry. >> i am focused. i'm focused on woodstock. >> i'm not making, she's obviously got a beat on things, but what she said and another thing i don't approve of, a lot of the stocks are regarded as incredibly volatile in the nasdaq and she uses what she calls, what, cash equivalent, i don't know, david, i can use, i could easily say that right now, facebook is cash equivalent, and i think you would say to me, jim, you've lost your mind >> jim - >> go ahead. >> not yet you haven't. i'll let you know when it happens, carl. i'll let everyone know when we're fully there. >> cash equivalent? >> i'll ask them if they're cash equivalent down 37% for the year. that could be cash >> what were theyup over the last five years? >> the five year, the five year, but david, that was a different market this is a market that is about an econo

of 2020 but their getting crushed this year in part because it's a different market many of the woodstocks have real issues, though like iovance when the lead experimental drug was delayed. the ceo is leaving to pursue other opportunities. i hope they're good ones no need to worry about the fact cathie wood is the largest shareholder because she's invested a host of other companies, some are connected with bitcoin although not always in a positive way like tesla, which said they're not going to take payment in crypto currency anymore. never mind the crypto collapse this morning wood told bloomberg bitcoin is going to $500,000 $500,000 the trillion dollars that lost in value today alone i thought was significant but maybe that was just -- what a relief. i feel better already. i guess it's not a problem that it's down 39% from the highs because elon musk is going from chief to critical chief. cathie wood remains unmoved. wood said she expects and i quote e llon will come back andb part of the ecosystem. today this crazy speculative track broke down but what about the second track, the same t

woodstock is up today. >> i think the movement in arc yesterday was interesting. it was down even though the broader market was up. >> you know there's a break woodstock. >> i do know that. in fact, i had a couple of conversations about that this morning. to be fair, when it comes to the arc funds, it's more being used to a certain extent as a hedge i'm buying microsoft, short arc because nothing is correlating from what i understand properly. >> right plus it's more than ten time sales versus 33 -- showing a woodstock video again. >> why wouldn't you? but, you know, jim, there are those buying puts on a rxarkk are they trying to get redemption >> there is no redemption. >> 64 million flowed out yesterday. so that doesn't seem to be the game that works. arkk is fascinating and it was down yesterday tesla of not up. one of the largest holdings. she's been selling stuff >> cash equivalence. one of the things you can watch, the call at the bottom i want to tell our viewers you can see people want the arkk funds go up they are saying come after us. these incredible de

yes, oil, lumber, bitcoin and woodstocks, bled by kathy wood bottom line, if oil, bumler, bitcoin and woodstocks keep going down, the four horsemen, slay the bull, then you will get many more days like today. if not, this rally will turn out to be nothing more than a temporary reprieve. let's go to kevin in illinois. kevin! >> cheers, jim. interested in umh united health, had a pretty good run. unh. it dipped to 23. i'm inclined to see the dip as a buying opportunity. what do you think? >> i totally agree with you. i can't believe it's coming down with another chance to go in i was so mad, it is such a good stock. you are precise on. that is exactly what you want to buy if days like today continue. you have horse sense. to clark in florida. >> caller: hey, jim, how you doing, booyah. >> booyah. >> caller: a couple months you created a sudo for the 5g companies you thought was the best ones. and insg was in there. obviously, the company has taken a little bit of a nosedive. i was wondering, do we hold this, buy more at this level or get rid of it. >> i had them on and put their feet to

>> you let woodstock do whatever he does, roll all over, put his feet in your face.> i really don't. he sleeps next to me and stays put. he gets in his little ball and just stays there. >> okay. >> if woodstock was literally sitting on my face, taking his paw and moving like this, trust me, he would be out. >> you would have some problems. >> we would have a problem. >> bye woodstock. >> usually a one dog night there at the household. >>> let's look at what's going on outside. that was tough. a couple things to unpack. first is the cloud cover out there. that's going away eventually. look at the flags at the ferry building. they are up and out already this morning. that means we are going to have a cooler day. here is a look at the highlights. after a cloudy start we'll have sunshine but a cooler ending. tonight will be mostly clear which is great. we've got the full moon, the lunar eclipse that you will want to see. it's got a twin of red because of the light moving through the atmosphere towards the moon. then we will have a summer start this weekend. by monday it'

>> that's a woodstock.wood has been buying it her erkft is strong this crazy market might allow that company to do well because cathie is buying it. that seems strange the market is buying it as you quite correctly said doesn't like these stocks. that said, it has the wood blessing for a couple days probably goes higher buckle up, tonight's chart shows we could be in for a little trouble. the market could test new lows but that, the carnage will likely be over by july now much more "mad money" ahead. could diamonds be an investor's best friend? i'm sitting down with the ceo of significant that to find out and is it worth considering plug power? i'm talking to the ceo and all your calls, rapid fire in tonight's edition of the lightning round so stay with cramer what happens when we welcome change? we can transform our workforce overnight out of convenience, or necessity. we can explore uncharted waters, and not only make new , but get there faster, with better outcomes. with app, cloud and anywhere workspace

hottest in the world cathie wood of ark invest and that's why i call these woodstocks remember that? that was hot once, too don't get me wrong that's about as well behaved as it got it's woodstock don't get me wrong, i love every one of these companies you seen them on air how about shopify? i love shopify does anyone love twillo more than me? nobody cathie wood is fantastic at identifying stocks like twillo they're not stocks for all seasons, people. you don't just want to -- no they're not. let's stop pretending. they don't work in this environment and as i learned 40 years ago at goldman sachs, they really don't work at any inflationary environment woods knows that, too. zes she's up front about liking the names. the market is i'm pm inpatient we get retail sales that are higher it ends when inflation goes away or is tamed somehow with the exception of lumber and semis, there is no sign the commodities are cooling off any time soon. they are still going higher. i was checking the grains today. don't bother the woodstocks, okay, the wood stocks will keep heading lower punctuated by

am i saying that the deal include that is well woodstock violation again? it's policy to induce him, especially alexa, most raw but it wasn't clear at the, in the statement that issued by the gyptian side. so far, it's unclear on the details. but the most important for the, the people here and there isn't garza, it's over yes. and then, and now how much is of course portraying this as a victory will ordinary people in golf the see it that way? some of the, i mean, i says, debility and does, according to many analysts that has to be either a t ob some, some people are talking about that this was, that was kind of a big victory for her mind as day to day. this is the 1st time that the title of this war is not garza and located in both in the book jerusalem, jerusalem. and i like the most is very important for palestinians not only in gaza, but even elsewhere in the west bank or in abroad. and some of the celebration in gaza and even in the west bank, clearly talked about that very important moment for the philistines has some 230 people killed a 1000 more, th

ummer >> woodstock. >> our second gig was woodstock. it hard ♪ ♪ got to get ourselves back to the dawn ♪ ♪ >> reporter: the song "woodstock," written by joni mitchell, would be the biggest hit off of "deja vu" when it was released in 1970. at l.a.'s gallery, stills recently signed prints of the cover photo. >> the rebellion was getting very sio's w theni lmost t myair pandic, indesome memorae outta theis a m singing "our house" and joni was there and sat with me at the piano, and she started to play the keys. ♪ only for you ♪ ♪ ♪ hour house, is a very, very fine house ♪ >> i wanted the fans of the deja vu record to be thrilled about what they were listening to, and get an idea of what we went through as four people to make that one record. >> reporter: but the band that made that record may never play together again. how are you all with each other? >> stephen and neil and i are great. we talk often. we don't talk to david. >> io epect to be friends with graham at any point. neil hates my guts. >> why? >> i said bad stuff about his girl

>> poor woodstock. anyway.er. >>> coming up next. >> i don't need animal >>> it is 6:58. number one, breaking news, pg&e is selling its san franciscfranc headquarters for $800 million. a delaware based partnership is buying the two buildings. pg&e will move its headquarters to oakland next year. >>> the cdc investigating a possible link between the covid- 19 vaccine and heart inflammation. the condition decreases the heart's ability to pump blood normally. some cases occurred four days after vaccination. >>> number three, hilton san francisco union square will be welcoming back guests for the first time in more than a year. enhanced disinfecting protocalls will be in place. not all rooms will be available. >>> number four, closing arguments set to start in lawsuit between apple and fortnight fortnite maker, epic games. >>> number five, it's a partly sunny start to your monday. low to mid 80s inland. near 70 around the bay. >>> number six, our hot spot is you guessed it, the bay bridge toll plaza. metering light

. >> i wish i had a picture or video ready to go of woodstock, here it is. >> look at sweet woodstock yoga with you? >> well, i actually trained him to come to the mat with a treat, so now every >>> good morning, america. pressure building for an immediate cease-fire in the middle east. new this morning, hamas officials predict a cease-fire to come within days. the israeli prime minister publicly insists operations will go on until calm is restored. president biden pushing for immediate and significant de-escalation. all this comes after the 11th straight night of attacks. we're live in the region with the latest. >>> breaking ranks. dozens of republican members of congress defying their leadership and former president trump by voting to establish a commission to investigate the deadly january insurrection on capitol hill. the latest this morning. >>> deadly storms slam the south bringing tornadoes and flash floods, rising waters trapping residents and drivers.

, and woodstock is up today but i don't trust woodstock. >> okay.doing on masks >> on masks? >> masks >> masks i decided not to wear one this morning to the office and they told me right at the door no you have to put it on. i took it off. i listen to the cdc but gofrp murphy is not ready. but it's good enough for me. i'm making a statement, no mask. i'm vaccinated and i'm not wearing a mask >> i heard about your story with the security guard that's why i wanted to tee that up. >> really? >> we'll see you in a couple of minutes. >> okay. coming up some top stocks to watch as we count down to friday morning's opening bell on wall street continue watching "squawk box" on cnbc. wait, this isn't your bed... how'd you get here? ah yes... groceries. earn points now to use on travel later. one of the many things you could expect when you're with amex. that building you're trying to sell, - you should ten-x it. - ten-x it? ten-x is the world's largest online commercial real estate exchange. if i could, i'd ten-x everything. like a coffee run... don't just s

statements in hope is in fashion they talk about democracy for us is we talk to see they talk about woodstock received in russia they talk about it was obviously in elevators but they don't reference or want to talk crissy in a saudi arabia or they are go from arab countries they don't talk about that because saudi arabia and other gulf countries are some of them most important friends and allies in the world and it should be said pizza that saudi arabia for instance is not just one of the most kids off countries in the uk it is the leading financier of islamist terrorism in the wells and when they talk about when the g 7 foreign minister spoke about holding ukraine's independence and democracy well what's a bounce in the late c. files and 1st state when american politicians including the los i'm john mccain flew to care and addressed the protests this on the might then encouraging them sued over from the elected governments the elected president of ukraine at the time namely nikolaevitch that's was the ultimate affront to ukrainian democracy so they can nothing about democracy what they do c

woodstock. the pill. james bond. tiny tim. "hair." bobby. wallace. golda meier. psychedelic. wyeth. namath. malcolm x. armstrong. nixon. indira gandhi. demonstrations. l.e.m. but no name, no single word repeated itself as often on the pages of the 1960s and with so much controversy as the name "vietnam." >>> it was a strange mixture of peace and war. a battlefield nowhere and a battlefield everywhere. life during the day, death at night. an ally at one moment, an enemy the next. a lush jungle mixed with the rust of barbed wire. it was all of this. those who wanted to find the war might have had to hunt for it. those who didn't want to find the war often became the hunted. and around the world, and particularly the united states of america, there was another battle. a battle of words, of politics and debate. the question was who was the hunter in vietnam and who was the hunted. who would define aggressor and defender. and there was the larger search for a definition of the word was a large search for the definition of the word peace. did peace only mean the absence of war or the abse

troops patrolling from the country last month president biden announced the pullout woodstock's he may be finished by the symbolic dates of september the 11th just because our troops are coming home doesn't mean we're leaving we're not our embassy staying the support that we're going to afghanistan that remains and not only from us. meanwhile as the deadline for u.s. troop pullout in afghanistan past on may the 1st the group has warned it may take action against american forces and the taliban says its leadership will make a decision in light of the sovereignty values and also higher interests of the country but elsewhere in afghanistan the taliban reportedly attacked an army base in the country's west on sunday night with the militants digging tunnels to gain access to it local sources claim that over 20 soldiers were killed i can believe a former senior security policy analyst at the pentagon says that there's more instability ahead i don't know where blinken is getting here's a position of strength from in dealing with tell about the taleban war even talk to the government and how t

it's woodstock for capitalists. he said it's a killer -- that won't go on forever but it's where the money is now an wall street goes where the money is. in talking about it being killer, buffett really pointed to spacs as to why he has not done large acquisitions he has a massive cash pile. a lot of that has been spent doing buybacks and he talked about this competition he now faces. spacs go in, make big, splashy deals, and they can easily outbid a bargain-hunting buffet. he spent time talking about the retail, casino like attitudes he described in the market but this was a way of explaining some of his actions over the past couple of years. matt: he has a large cash pile. we are used to that. he did generate some of that in sales last year. what did he say about his moves? he always makes apologies for his mistakes. dani: this was really the most revealing. he was not afraid to admit some of his mistakes. he had sizable sales over the past year but he talked about mistakes he made in terms of selling apple, selli

that's the way that he plays for germany at the euros live will have the final say on woodstock. this is live on but up next a documentary called tsunamis danger from the depths you can also find much more news and analysis was video on a website that is j w dot com i mean i'm a homage thanks for watching a bike. play. station . expect. to discover the secret language of oil. company research team to the pacific to. whales starts to slow. tsunamis deadly waves that have the power to destroy entire cities in a matter of moments. there was little public awareness about them until december 26th 2004. that was the day a gigantic tsunami in the indian ocean killed more than 230000 people images illustrating the pools of these natural phenomenon shocked the world. 7 years later in 2011 a nuclear power plant in fukushima japan exploded after being engulfed by an earthquake generated tsunami. since these tragedies scientists rushed to the scene redoubling efforts to determine what causes these killer waves. because that knowledge. can save lives it's clear that tsunamis can strike any re

dani: it is the annual meeting, the woodstock for capitalists.verybody loves to hear what buffett has to say. it is no surprise he has really concentrated on spacs because you mentioned the cash pile he has, more than $145 billion. i think there are questions as to why he didn't spend that. why didn't he do more acquisitions? he spent a lot of the past year going for buybacks. this is where he glop to onto spacs, saying it is a killer that will not go on forever, but it is where the money is going now and wall street goes where the money is. this is his reason, he says, why it has been harder for him to do deals. these spacs that move quickly, can go in and make a splashy deals and outdo a bargain-hunting buffett. manus: what caught my eye, because everyone is shaking the tree now, but he had the second-highest sale of stocks in that quarter in five years. there are a couple of nuances here. and this translates to a much broader market. income tax is coming, and the question is for a lot of americans, where do i go to protect myself in a rising i

here is roy in woodstock, georgia. roy, go ahead. caller: yes, i think she should step down.he republican party should be selling unity, but right now we are sowing too much division. there were so many trials going on in philadelphia and other places that people wrote up affidavits showing how the election was actually stolen. but nobody talked about it. it wasn't in the news, but hundreds of people filled out affidavits not only there but in georgia, saying that the election was stolen from him. but so many people want to cover it up, and some of those republicans did not support trump. and all that he tried to do with our country. host: roy, you think after two recounts, that is still the case? caller: but the corruption, day -- host: i'm asking you, you don't believe that state officials after they twice certified the election in your state? caller: you did not hear what i said. i said they did a recount and the county that did it correctly, the county where he one of the recount, they did not touch. host: ok. to jose in falls church, virginia. good morning. caller: good

flipping out, and is only what you got an assignment to go to new york to cover a music festival called woodstock that she could relax. she hung out with some veterans with her and i think that was sort of the beginning of her somewhat recovery, although it wasn't complete. we were not cognizant of all that. >> some of the men i worked with in vietnam are still suffered from ptsd us will physical injuries because of course journalists get shot at. i remember when i would come back, i never covered any war, thank god that our member whenever i would come back from leave in new york i would lie awake with my jet lag and think i can't do this, i'm not good enough, they're going to find out. i think it's really, for women to have an posture senate i just think they are lucky and that's how they got the job and actually can't do their job. self-doubt i think is a way we undermine ourselves sometimes. >> although i must say these three had a confidence level that i admired a lot. they just did not, did not falter ever. they kept pushing. that was not the problem, no. >> fantastic. i know you will call

. >> watching live aid on tv was my version of driving to woodstock.t live aid, it showed musicians, for me, seemed to be the most altruistic people in the world. >> a group whose heart is in dublin, ireland. whose spirit is with the world. a group that's never had any problems saying how they feel. >> when u2 play, things had changed, rock and roll was getting serious. music could change the world. bono could change the world. >> u2. formed ten years ago, when its members were still schoolboys. is now, arguably, the hottest rock and roll band in the world. their last album the joshua tree has, so far, sold more than 13 million copies worldwide. >> u2, somehow, in the video age, were still developing and becoming a great band. and maintaining that kind of connection with people. and not getting the message lost in the medium. >> spent the last ten years finding out how to be in u2. spend the next ten years seeing what u2 can do. it would be cool to ride a horse on the moon. with armor all, a little bit of this... ...protects you... ...from a lot of tha

on apple and banks and airlines and so much more we'll show you the best moments from the virtual woodstockcompany, after buffett and charlie munger took a hit at robinhood investors calling them casino participants it is monday, may 3rd. "squawk box" begins right now. ♪ ♪

what we learned for this is we may have to rescue woodstock. >>> good morning, america.overnight, path of destruction. a major nighttime tornado slamming tupelo, mississippi. 1 of the 23 reported tornadoes touching down from mississippi to louisiana. a massive funnel seen at close range. that twister crossing the road. power lines snapped, homes and businesses damaged by the powerful winds. rescue crews working through the night. now, more than 40 million on alert for more severe weather. the new storms on the move right now. >>> disaster at sea. a crowded boat with at least 30 people on board capsizing off the california coast. part of a suspected human smuggling operation. >> oh, my gosh. >> people thrown into the water. at least four ki.

none of the managers want to own a woodstock.for these stocks that the economy keeps heating up and allows inflation. there is not enough money from young people or efts and too much opportunity for insiders to do it. even though np reported a great quarter last week, it didn't matter because they had done so much stock in the market and that's what they are known as, too much supply, not enough demand the newly hated high risk stocks are hated and the winners i talked about keep winning and those are the ones you buy when the market goes down there is raualways is a bull mae somewhere and i promise to find it for you here on "mad money" as i did at the top of the show. i'm jim cramer see you tomorrow >>> the pfizer covid vaccine authorized for kids as young as 12 i'm shepard smith. this is the news on cnbc infrastructure attack. the nation's largest fuel pipeline remains offline, held for ransom by a russian criminal gang. >> my administration is committed to safeguarding our critical infrastructure. >> now the first statement f

. >> woodstock is a quiet dog, thank goodness. even though he is a beagle.er. [ laughter ] >>> let's talk about cloudy conditions in the east bay, just like all of us are waking up at if the clouds haven't made it to you yet, we've still got a couple of hours of migration to the spirit 47 and elsa brought it to 54 in union city. as you head into the hills, there may be drizzle as you drive into that cloud. mid-40s to mid-50s just about everywhere this morning, thanks to the clouds, a more homogenized air mask. that will continue through 7:00 . good news, kids walking to school or the bus stop will be easier to see because of the lack of fog this morning. also more comfortable in him outside and burn off energy at 3:00. 50s at the customer low to mid 70s in our binary -- bay area neighborhood. that is why the drizzle is a little of a caution for the roads this morning and breezy conditions on the bay, not only this morning, but also this afternoon. good news is, look at all of this, only one area of the coast in central bay, moderate today. everybody will be

on now ♪ ♪ in the middle road ♪ ♪ yeah ♪ >> watching live aid on tv was my version of driving to woodstock's never had any problems saying how they feel. u2. >> when u2 play live aid, things had changed. rock and roll was getting serious. music could change the world. bono could change the world. ♪ sunday bloody sunday ♪ ♪ sunday bloody sunday ♪ >> u2, formed ten years ago when its members were still schoolboys-s now arguably the hottest rock and roll band in the world. their last album "the joshua tree" has so far sold 13 million copies worldwide. >> u2 somehow in the video age were still developing and become a great band and maintaining that kind of connection with people and not getting the message lost in the medium. >> we spent the last ten years finding out how to be in u2. we'll spend the next ten years seeing what u2 can do. can i have both? new dove care & protect body wash eliminates 99% of bacteria and moisturizes for hours two for one! can i keep it? new dove care & protect, zero compromise! ♪ ♪ ♪ ♪ to prove our aa battery is the world's longest-lasting, we tested it against o

ok, maybe it wasn't woodstock but it will forever be part of the french music history. so put on, hold off a jan and scott, i was wearing a mass, i felt safe. i had enough space on this that the concert ended early in the evening . so everyone had time to get home before frances 9 pm curfew. and gonna be in queer me in spacing discrimination from society and from the police are queer people do have some allies, musicians, one love, the cuba floor is known as the godfather of gone, his hip life music movement, a combination of hip hop and west african melodies. one of songs are full of colorful expletives, but they also express his support for the l g. b t q plus community. in a country where being gay is illegal. their thoughts ends with the wild main of dreadlocks and manuel elusive bones who stands out on the streets of cra, best known by his stage name, one love the google or the gun. a and romanian musician is known for his distinctive style as much as his controversial songs. and the 1st time it was the mean, the look around at each other to try and see if somebody

woodstocks got really over sold and reboundedbut until we get to memorial day, i think this part of tech is merely a short term trade and not an investment. i like to say there is always a bull market somewhere and i promise to find it here for you on "mad money. >>> developing news out of the middle east, and a pipeline problem that's a whale of a thing to solve i'm shepard smith. this is the news on cnbc the east coast oil pipeline still down who runs it? why so many unanswered questions? and when will this end >>> the fallout, early pandemic style panic buying. >> these next couple of days i think will be challenging. >> gas lines grow in some areas. gas prices hit a six-year high where the troubles are and how to avoid them. >>> dramatic escalation. hamas rockets rain on israel, strikes on a fuel line and fires in tel aviv. israeli forces down buildings and other targets in gaza. dozens dead, hundreds injured. now netanyahu vows they will pay a dear price >>> medina spirit will run in the preakness with conditions. and a new admission from the derby winner's embattled trainer. >>> ha

more than a year since i have seen something on the street that i saw last night when i was taking woodstockhat? >> people twerking on the street. >> you missed it, didn't you? >>> good morning, america, and we begin this thursday morning with a hopeful headline from the cdc. a sharp decline in covid projected by july. >> we are not out of the woods yet, but we could be very close. >> broadway set to open in september at 100% capacity. vaccine provider moderna with a new headline on booster shots and the virus variants. the fda is poised to authorize the pfizer shot for teens 12 to 15. all this as the covid emergency in india explodes. cases now topping 21 million. the country scrambling for oxygen supplies. why the outbreak there could impact the rest of the world. >>> firing back. congresswoman liz cheney challenging her fellow republicans to choose the truth after coming under attack for refusing to stand byor

." >> it's like woodstock only with advertisements everywhere and tons of security guards. >> it is inr. now we're getting down to real commerce and there's a certain kind of disillusionment going on. >> since i've got everything i wanted i could put a zero after the number of record sales i've had. i could play 200,000-seat halls instead of 2,000-seat halls and i could go on mtv 1,000 times a week rather than 1 time a month. and i thought maybe when i reached all these goals i'd find some sort of peace. i didn't. it's like i'm more miserable now than i ever was. ♪ it would be cool to ride a horse on the moon. with armor all, a little bit of this... ...protects you... ...from a lot of that. keep your car cleaner longer. armor all extreme shield plus ceramic. i order my groceries online now. shingles doesn't care. i keep my social distance. shingles doesn't care. i stay within my family bubble. shingles doesn't care. because if you've had chicken pox, you're already carrying the virus that causes shingles. in fact, about 1 in 3 people will develop shingles, and the risk only increases a

i'm really not into that music that was in woodstock, you know or heydashbury that that you know, i watched a special the other night on peter paul and mary they were kind of a little bit off, you know, their music was great, but they were a little bit on the other side and i watched that and i said gee i never realized that they were quite that liberal in their you know, thought process from the get-go, you know, i never realized it because you know if i had a hammered, you know, that's that's the kind of stuff that you know, we all love and in saigon, we had a good morning vietnam. oh, yeah, they did play our music, but the thing i remember is that we never my parents never sent me like the boston herald we'd get the life section or the comic section. i'd get better homes and gardens. i'd never get time magazine because our parents didn't want us to know what was going on. and that is the difference between our war and the war of today. the war today they're connected by email skype. i mean just, you know, six ways and they know what's going on back home when we came home when i came home

. >> plus the woodstocks tumble. cathie wood's ark etf hitting a new low. and pipeline pressures with much of the colonial pipeline on the east coast still shut down, prices of the pump are nearing $3 a gallon. that would be the highest since 2014. >> yeah. we're going talk about gas demand, especially on the east coast. the open is the focus of discussion this morning. friday we got the jobs number. we got the brief respite for tech and you said it would be short-lived and it has been. >> these stocks are -- i don't want to say they are all poison, but they are so sensitive. yesterday the city downgraded couple of advertise related faang names was incredible didn't hold up under close scrutiny versus trade disney this morning whisper numbers, substantially higher that's a woodst stock the great closing trade is going on we have the opening trade. how about the closing trade. well it's closing and it's closing quick. >> does it close out and give -- >> no i like tj, no it is a close, like a coffin >> that's terrible. >> okay. it is a close like a closed boo

moon and i think we're at the moment where we're questioning meme stocks and questioning crypto and woodstockhings that worked well for the last 14 months and instead going back to cleveland clips, so i don't know, carl, it's not as exciting as watching adam aron furiously sell stock to the meme people, but they sold stock, too. >> carl, are we past the joke stage? are we back to things like fundamentals and stuff like that like amd buying back stock or just stay with ripple >> we're going to find out, jim, certainly these 30, 40% corrections, as you say, have had people asking more serious questions. we haven't gotten to, speaking of fundamentals in the consumer, gotten to kohl's, they beat, raised the guide, 1.04, crushes, and another string of evidence points in retail >> this stos stock has been relentlessly going up relentlessly and in the 30s, i said i can't fight it anymore, and it keeps going up and kohl's has chaps those brands and they don't have the first-ranked ralph lauren, ralph lauren doesn't sell into that, so it's important, nike does nike stock has been a complete dog. ever

nothing to do with these kinds of trades, but you really got to steer clear on what i regard as the woodstockde because those wro were stocks that she's buying these things all the way down, that's tremendous, as cathie wood, tremendous lack of discipline, tremendous amount of conviction and i think what you have to do is fall back on stories that are really good that have moved up a lot that could difficult. say there is a catalyst, i mean that is kind of interesting. >> i was going to ask you about that i was going to ask you about financials, jim. because ubs does cut wells to neutral today, they go to 47, no longer trading at a discount to peers, it's up, more than double since october, and earlier in the week, we did see firms like value ax try to trim their morgan stanley and their citi, are they too early on that front? >> i think that these are a good place to be, because they can raise their dividend, they can buy back stock, there's actionable catalyst. you can let them come in could bank of america be a 39? sure could citi which is below tangible book value go to 70 yes. and well,

. >> but what about the woodstocks, very hard. >> and barry has an incredible ability to analyze capitalucture, balance sheet of companies. >> yes. >> and that he's obviously, he's got the other part - >> he's a great humble guy, and does not come on - >> he's just very, very good and very smart and don't get him started on spacs he's been just, spit fire has done a bunch of them but he has some interesting things to say on that subject too, when it comes to other promoters out there. >> if i would own one, i would own his. >> there is the opening bell, guys s&p, heat map at the bottom of the screen, as we're starting the trading day. united says it is starting to repair those electrical groundings, jim, on the 737 max. and we do have a call on boeing today, out of wells. they initiate equal weight, 244, they talk about the max losing some share, within their own body but that the summer will look good for leisure, long term, international, a little less certain. >> i'm not sure about this quarter. this problem that they got fixed. the execution at boeing is questionable they were pretty

i wonder what you made of that >> i thought it was, there was a lot of woodstock buying and those were the stocks that turned, this is for those who are unyinitiated, that's cathie wood ark stock, and if you want to know what to do, take those off the screen and watch tesla tesla led the rally and on the other side, it was octobera and ring center, and two of the highest value and crowdstrike and servicenow, after the excellent interview with bill mcdermott, servicenow rallied very big faang can't get any traction and the reason that faang can't get any attraction is because they're expensive or inexpensive. and amazon had a great day yesterday. amazon had a great day and because of it, we get a price target boost that's another time-honored thing that analysts do well, amazon, they're going to boost the target why, because the stock is up circular reasoning david at the absolute best and we know circular reasoning is not particularly helpful. >> as we take a look at amazon shares down less than 1% you were very enthusiastic about the quarter. >> great quarter. >> not to mention the ye

is the weakness is in the pc and high multiple to sales and the people who are shooting against woodstockre is an opportunity to buy into ark? >> i think the people who have a five year horizon and those may be the right stock for five year horizon, they are not stocks that -- actually i have to tell you've looked at the stocks. i don't like the companies it is not like i don't have a five year perspective. there are a lot of those companies i just don't like. but some i think are very good so i think that it is an interesting aamalgam she has such conviction as we saw, she has such conviction that she can't change. why is stan druckenmiller great. if the facts change, he says i will change. well the facts change for a lot of kathy wood's stocks but she did not change true believers, i guess you can take a five year i think we all kind of who have been around know that a five year is often an excuse. >> two quick questions one related to palins here might put bitcoin or explore crypto currency on their own balance sheet. i actually thought their numbers were better than some expected. >>

you would have felt you were in woodstock with what was going on.will be getting back on planes, racing up a few points, they are going to drop everything and get on a plane. stuart: business travel the main stay, will it get to the same level it was in 2019 or better? >> we will get there much quicker than people think if we are competitors, and clients across the country. if you jumped on a plane to visit his client in person, and shake it that way or am i going to get on a plane and make the trip. when kids go back to school, and when they get back to the office, they are going to see a pickup in business travel. from leisure travel i was trying to book a rental car, rental rates for a car were $1,000 a day. shortages going on in that. and they are ready to go out and see a big boon. stuart: greg smith on the ball, see you again soon and waiting for the summer rally. here we go. ohio's $1 million vaccine lottery program. if the lorry got more people to take the jab. ashley: it did. mike dewine announced $1 million lottery prizes for adults, 5 sch

that things are a little more muted than people realized, other than the so-called multiple stocks woodstockss, we're acting very surprised, and i am surprised that -- >> let me ask you this >> i'm sorry. >> who came up with those predictions, do you -- >> i think it was going to be 5% with what i follow. >> i want to go back and look and you were tweeting earlier this morning, in order for these high-tech names to really take off, you have to see some of the industrial name, some of the materials names really start to turn over before it happens and ha brings a great question, what happens next what's the leadership? is it going to be the dow? because we do see the inflation sticking around for a while longer yaed. >> historically it is the biggest companies that are the biggest beneficiaries, they can pass on huge price increases with amazing leverage because their cost of production is exactly the same whether they have good pricing or bad that's what goes up. that's historically that goes up it is not on the stocks on that board most certainly and i know people think that the bank stocks

on apple and banks and airlines and so much more we'll show you the best moments from the virtual woodstock for capitalists. >>> robinhood is responding, not the guy, the company, after buffett and charlie munger took a hit at robinhood investors calling them casino participants it is monday, may 3rd. "squawk box" begins right now. ♪ ♪ >>> good morning welcome to "squawk box" here on cnbc i'm rebecca quick along with joe kernen and andrew ross sorkin. this is the first trading day of may. looking back at april. the dow was up 2.7% and the s&p was up 5.25% and the nasdaq up 5.4% this morning, you are seeing green arrows again after the gains from last month. dow indicated up 137 points. i saw it indicated up almost 200 points earlier this morning. maybe an hour or two ago the s&p 500 is indicated up 14 points right now nasdaq up 11.5 we should check on treasury yields right now, it looks like the 10-year is yielding 1.649% you are at the higher end of the range. we should look at the cryptocurrencies this morning. they are all trading higher this morning. an article in "the wall street journ

course, counterculture, everybody would say, how repugnant that they have taken, you know, sort of woodstockways looking at that bottom line. so if people criticizing corporations for being, quote woke, that's because they believe their consumers are, quote, woke, and it all comes down to the bottom line. >> still ahead on "morning joe," americans give president biden high marks on many major issues, but his handling of issues of immigration border security is not one of them. we'll talk live to the secretary of homeland security, alejandro mayorkas about efforts to get things under control. and as we go to break, the white house released this photo yesterday of the president and first lady's visit with former president and first lady last week in plains, georgia. >> how wonderful. many online got a kick out of the camera angle, which makes the bidens look like they're about 12 feet tall. you're watching "morning joe." we'll be right back. watching "" we'll be rightac bk. this is how you become the best! ♪“you're the best” by joe esposito♪ ♪ [triumphantly yells] [ding] don't get mad. get e*t