have. thank you. that's it for "squawk alley. we'll send it over to "the half" with scott wapner. >>> and welcome to "the halftime report." i'm scott wapner our top trade this hour, big tech's big boost microsoft leading it today the etf for technology hitting a better than 17-year high let's begin with tech. we can talk about the markets to be honest with you guys because as we come on the air today in general, new highs again, new highs across the board the dow is up nearly 82 points at the high of the day joe, the melt-up continues. >> steve and i were talking before the show. surat and i also had a conversation about how methodical the rise it it's almost like walking up that staircase. i think it's interesting, tomorrow you're going to get the unemployment report. i think you have to begin to really price in is this also beyond just good earnings, scott, is this about growth accelerating is this about repricing the economy maybe towards 2.5%, something that we didn't think was possible so getting yields of 2.35 on the ten-year tomorrow you get unemployment. i think it's very valid to

for me. >> that ends it for "squawk alley" and now also at post nine, scott wapner with "the half." >>> and welcome to "the halftime report." i'm scott wapner live from post nine at the new york stock exchange on this friday. our top trade this hour, rally watch. why stocks continue to climb higher and whether there is any end in sight for this record run. here on set with us today josh brown, stephanie link, jim lavanthal and erin brown is here, head of asset allocation with ubs and also with us from minneapolis is peter najarian. beginning with the markets, the s&p coming off an eight-day win streak, slightly lower today, it as you can see stocks are lower across the board after the big jobs miss, but for the most part it has been an unabated rally to new record highs which jimle cramer said earlier today is making him a little nervous >> i'm a little more -- a little less constructive than most people the last part of this rally has been on an absence of news when all they arereally hoping for fed rate hike and maybe a tax cut. every day i start the show with like here's what i

scott wapner our top trade this hour, retail wreck. that sector getting slammed yet again today, now on track for its worst week since january and why some say the worst may be far from over. we do want to start today with that rough day for retail stocks, the worst day since august pete, i quote the great philosopher, mr. t i pity the fool who tries to pick a bottom in these stocks. >> right. >> it's a fool's game. >> yeah. the only exposure i have at this point in time is home depot and they're the one that has battled them really well when you look at the growth they have done online but those that are competing and can go after amazon, because that is the big elephant we talk about it all the time, you look around out there, those that are competing well against them, those stocks are doing pretty well. look at walmart, look at home depot. costco to some degree. >> i'm beginning to tihink when do look out on that landscape, you say maybe there's five names before i don't know the thumb goes away, this finger goes away, two or three maybe. that's what it seems like. >> it's how quick

wapner. >>> and welcome to "the halftime report." i'm scott wapner our top trade this hour, big tech's big boost microsoft leading it today the etf for technology hitting a better than 17-year high let's begin with tech. we can talk about the markets to be honest with you guys because as we come on the air today in general, new highs again, new highac

a little bit welcome to "halftime." i'm scott wapner our top trade, netflix shares crossing 200 bucks for the first time ever. eight firms bumping the company's price target so will earnings on monday keep that stock climbing with us on set, josh brown, steve wyse, jim lavanthal and jim brown all with us for the hour let's begin with shares of netflix hitting a new record high today, now up an astounding 60% year to date boy, josh, you looking a the price target increases, every day. monday you got a couple firms, wednesday two more and thursday three and friday today, two more the stock goes over 200 for the first time ever. morgan stanley today, 225. goldman goes to 235. >> nobody should ever listen to my opinion on netflix. i bought it hat like 70 and sold it at 100. that's 100 points ago. i -- i just -- look, it's not that i disliked it i just never felt like i really understood how it would get as big as it now is, and to some extent i still don't i understand how powerful the content is i don't disagree i pay for it myself. i just -- i've always looked at this segment of t

halftime report" is scott wapner is back in two minutes at fidelity, trades are now just $4.95. we cut the price of trades to give investors even more value. and at $4.95, you can trade with a clear advantage. fidelity, where smarter investors will always be. >>> our data partners at kensho has shown this trade has worked 100% of the time since 2004. the financials are up 10% when bought two months before a december fedhifnlgt the decision is set for december 15th for more go to cnbc.com/kensho >> welcome back to halftime. a mixed monday for stocks. morgan stanley is down today despite being upgraded by credit suisse to outperform morgan stanley's best in class and equities coupled with its increasingly profitable wealth management business should drive reasonably attractive earnings growth with less volatility. we like this time, doc >> i like it a lot. >> i said it last week i like this one a lot. it's not, of course, a bank. it gets that by virtue of what happened in 2008 when a bunch of guys slid in as banks, and they do have a great franchise, and i think that they will be able to

"squawk alley" and now also at post nine, scott wapner with "the half." >>> and welcome to "the halftime report." i'm scott wapner live from post nine at the new york stock exchange on this friday. our top trade this hour, rally watch. why stocks continue to climb higher and whether there is any end in sight for this record run. here on set with us today josh brown, stephanie link, jim lavanthal and erin brown is here, head of asset allocation with ubs and also with us from minneapolis is peter najarian. beginning with the markets, the s&p coming off an eight-day win streak, slightly lower today, it as you can see

scott wapner our top trade this hour. under assault. chairs of under armour hitting a four-year low and the company cutting its sales outlook and missing its earnings what ceo kevin plank just told investors. with us, joe terranova, stephanie link, joe lebenthal jon najarian. >> kevin plank is calling 2017 a reset for our business and our brand. the question is, steph, can they do that? i mean, it's just been an incredible slide for these shares which are down 50% this year. >> that's going to take a very long time, a lot longer than people thought this is a broken growth story for sure they do 80% of their business in north america. that's where the challenges are. that's not actually surprising nike has had problems with north america. everybody is having problems with north america, but you've got to the find companies that can have offsets nike does, so under armour, not only do they have north america exposure but they have product issues, right, all the performance stuff. they don't have lifestyle, that's going to take some time it's still expensive because numbers keep coming dow

." >>> and welcome to "the halftime report." i'm scott wapner the top trade. the tech takeoff, some of the biggest names in the space surging on this hour on earnings is there still time to buy, or have you simply missed your chance to get in with us for the hour, weiss, jim lebenthal and kevin o'leary here with us as well. microsoft and intel, shares higher leading the nasdaq to another record high. kevin, i don't know what your superlative is, but which was most impress sniff. >> they are all impressive, a beautiful thing to see we can say coming into the end of 2017, that this year was the year of f.a.n.g. it was the f.a.n.g.ology it was fantastic you're up 40% on these names or a collection of them will you make 40% in 2018, or is it time to start thinking about what the rotation will be, because f.a.n.g. is a wonderful thing, but i don't think we'll get 40% next year. development is up there, cash flows are beautiful. this is not like a tech bubble it's an earnings orgasm, that's what it is. >> weiss, the street is tripping over itself today to bump amazon's price target up i mean, ev

halftime report." i'm scott wapner our top trade this hour, taxes or else. the big market warning from the treasury secretary on what could happen to stocks in the president's agenda comes up empty. with us for the hour today, steve weiss, dave leven,hal, michael farr, founder of farr, miller and washington. let's begin with the markets, the dow surging thanks in mart to ibm's big beats but it's comments from steve mnuchin about tax reform and stocks that investors are talking about. tax reform or look out below is that what we need to start thinking about >> well, i think, number one, we don't want to pass a tax bill just to support the market markets are up 80% of the time, number two number two, it's an irresponsible comment by mnuchin and number three, the u.s. market is lagging other markets around the world, so there's no -- or very, very little expectation that a tax plan will occur and that it will occur that's going to impact this market. >> here's steve mnuchin with these comments >> there is no question that the rally in the stock market has based into it reasonably high exp

judge and "the half. >> welcome to "the halftime report." i'm scott wapner top trade this hour. charging ahead, the names jim cramer says are two of the greatest stocks of our time. why visa and mastercard keep hitting all-time highs and whether there's really still time to get in with us for the hour today joe terranova, jon and pete najarian and carry firestone here with asset management visa and mastercard getting a i lot love today from wells fargo. they resumed coverage or assumed coverage of outperforms, joe everybody on the desk likes visa. >> yeah. >> and with good reason. >> and you can't fault jim for saying what he did considering what the stocks continue to do. >> oh, certainly. >> i mean, these are two bellwethers really in terms of getting financial exposure you know, we had long talked about, well, how do you get the financial exposure do you look at the big five banks? there were moments when we questioned and were skeptical about that but never did that with visa and mastercard and now you're witnessing specific with visa as it relates to europe, that's really gaining mo

report." i'm scott wapner our top trade this hour, earnings palooza, what the busiest week of the season so far will mean for this record rally. can google, amazon, microsoft and so many more big names keep stocks climbing? with us for the hour, jim terranova, jim lebenthal, jon najarian many big names reporting as you can see on the board stock records set every day last week off to a pretty big day. 3-m, gm, boeing, coke, bristol meyers, american airlines, alphabet, amazon, intel, a full swath of names that can really tell the next direction of this move. >> an incredibly important week, and, unfortunately, i have bad news for the bears out there, and that bad news is that buybacks so far in the first half of 2017 are down 16% relative to the buybacks in the first half of 2016 now, authorizations are up nearly 20%, so even if you're getting a pullback in selective sectors or the overall market. those buybacks are coming in november before the end of the year, and it's going to buffer any pullback. >> josh, which names on this list are the ones that are going to matter the most that's s

and pepsi down earlier on a revenue miss has turned around we'll be right back. >>> i'm scott wapner and an especially busy hour coming up on "the halftime report. two influential senators on the intelligence committee expected to give an update on where the russia investigation currently stands plus, with the markets at record highs, the traders tell us where they still see opportunity and where they are taking profits today. and the scathing criticism by one well-known tech investor about facebook and its founder mark zuckerberg. if you're an investor in this stock, you need to hear this "the halftime report" starts at noon eastern mike, we'll see you soon. >> all right, scott. thanks very much gm and ford, meanwhile, announcing a major move to electric focused vehicles. for more on this issue we're joined by former gm vice chairman bob lutz. bob, great to have you here. it's interesting to watch analysts, the companiey very sur that the detroit incumbents are big in electric vehicles and are positioned to invest in the future do you think gm and ford have reached a point where they ca

." i'm scott wapner our top trade, the market selloff on this higher move in interest rates yields climbing now to their highest level since march leading jeffrey gundlach to suggest the moment of truth for the bond bull market has arrived, as well for stocks. with us josh brown, steve weiss, jon and pete narngian. the selloff accelerating within the past hour, most eyes squarely focused on the bond market many stocks falling, especially this

scott wapner with jim cramer live from the new york stock exchange cart quintanilla is off today. a drop in payrolls, down 33,000 in the wake of hurricanes irma and harvey let's look at how futures are shaking out on this friday morning, record-setting week looks like we'll open lower across the board europe is mostly lower, the ftse 100 getting a boost, modest. big boost in rates that's a story as well, the ten year note yield, look there, 2s and 10s on the move this morning, ten year at 238 look at crude oil as well. just below $50 a barrel, $49.65. road map starts with the hurricane effect the labor department reporting that 53,000 jobs were lost last month, first contraction in seven years. does that mean a pause for wall street's record run? stock futures are pointing to a lower open slightly this morning, the s&p 500 coming off its longest record streak since '97. watching netflix sharpen its fangs, the streaming giant up 5% yesterday alone. and seeing some key upgrades today. the september employment report also shows privatesector payrolls down 40,000 the unemployment rate d

the street." i'm scott wapner with jim cramer david faber is on assignment see how we are setting up for this day on wall street. s&p with an implied open, and so would the nasdaq this morning. look across the pond it's a mixed pictures over there. the ten-year note yield. we have some employment data, there is the 232 our road map starts with wall street's record run. u.s. stock futures pointing to a higher open, the s&p at its longe streak of records now in 20 years. >>> plus delivery wars u.p.s. and fedex shares are following on reports that amazon is testing its own delivery service. >>> and bill ackman rumphing up his push for changes at adp, we'll hear why he thinking that company could be more productive >>> making history after the three indices closed at record highs. jobs fell by 12,000. earlier president trump treated stock market hits a record high, business and manufacturing enthusiasm at the highest level in decades a reason for him to be optimistic so too for the gulls industrials, transports, small caps, mid caps, almost everywhere you look. >> i think it will be inte

bit welcome to "halftime." i'm scott wapner our top trade, netflix shares crossing 200 bucks for the first time ever. eight firms bumping the company's price target so will earnings on monday keep that stock climbing with us on set, josh brown, steve wyse, jim lavanthal and jim brown all with us for the hour let's begin with shares of netflix hitting a new record high today, now up an astounding

." >>> welcome to the halftime report, i'm scott wapner as carl just said, our top trade this hour, big techs, big night. amazon, alphabet and others. will they deliver and keep that sector climbing? with us is joe terranova, pete najarian and erin brown. let's begin with that countdown to some of the most important earnings report of the

the judge and "the half. >> welcome to "the halftime report." i'm scott wapner top trade this hour. charging ahead, the names jim cramer says are two of the greatest stocks of our time. why visa and mastercard keep hitting all-time highs and whether there's really still time to get in with us for the hour today joe terranova, jon and pete najarian and carry firestone here with asset management visa and mastercard getting a i lot love today from wells fargo. they resumed coverage or

. >> dow up 134. let get to "the half" back at hq >>> and welcome to "the halftime report." i'm scott wapner our top trade this hour, taxes or else. the big market warning from the treasury secretary on what could happen to stocks in the president's agenda comes up empty. with us for the hour today, steve weiss, dave leven,hal, michael farr, founder of farr, miller and washington. let's begin with the markets, the dow surging thanks in mart to

." i'm scott wapner our top trade, the market selloff on this higher move in interest rates yields climbing now to their highest level since march leading jeffrey gundlach to suggest the moment of truth for the bond bull market has arrived, as well for stocks. with us josh brown, steve weiss, jon and pete narngian. the selloff accelerating within the past hour, most eyes squarely focused on the bond market many stocks falling, especially this year's biggest winners from the nasdaq and small caps. steve, now we've got to pay attention to this move in rates and how quickly they are going to rise. >> that's the quickly they are going to rise. rates going up alone, particularly when you're in such an accommodative environment they matter, but don't matter all that much, but the rate of increase, like the rate of anything is really what's hitting the markets. so you're also having right now europe is sort of not back away completely from qe, visibly that much that you can see, but they have cut back on the buying. you'll see a press conference tomorrow interesting to see what they say b

>>> and welcome to "the halftime report." i'm scott wapner our top trade this hour, retail wreck. that sector getting slammed yet again today, now on track for its worst week since january and why some say the worst may be far from over. we do want to start today with that rough day for retail stocks, the worst day since august pete, i quote the great philosopher, mr. t i pity the fool who tries to pick a bottom in these

"halftime report," i'm scott wapner. apple, stocks concerns over sales in china, maybe iphone concerns too is there a real reason to worry or should you buy today's dip? wi let's begin with america's best loved stock, the world's biggest company under pressure this hour on a couple different reports. josh, how serious should we be taking them today? >> if you're an investor you want to always pay attention to what the news is and probably shouldn't discount anything, but the real question is do you react to it? so we actually went back and looked, every single iphone launch within let's say the span of six weeks there were supply chain rumors making their way to the sell side that generated either cautious notes. in other words, these things are never like, hey, we're hearing great things about the next iphone, time to get in you almost never saw those headlines. all the headlines we found were this is a reason to be concerned, orders aren't as strong as expected, this or that carrier. so if you've ignored them all, congratulations, you've made like 1,000 percent on your money

half." >>> welcome to the halftime report, i'm scott wapner as carl just said, our top trade this hour, big techs, big night. amazon, alphabet and others. will they deliver and keep that sector climbing? with us is joe terranova, pete najarian and erin brown. let's begin with that countdown to some of the most important earnings report of the season. those big techs heavily owned and closely followed pete, especially on this desk you own microsoft and intel calls. you have a big idea of where you think this space could go next. >> right i've been talking about the value prospect of this entire group for a long time, but it's not about value, it's also about growth if you look at the growth aspect of intel, look at the acquisitions they have made. they have continued to grow themselves into a.i., all the different areas of growth. that's what they have needed to do they have done a great job of executing on that. and we said the day he was hired at microsoft, it's time to own this stock once again. that stock was $35 now you're talking about nearly an $80 stock why? because this guy act

layout innovation. >> let's get to the judge. >>> welcome to "halftime report," i'm scott wapner. apple, stocks concerns over sales in china, maybe iphone concerns too is there a real reason to worry or should you buy today's dip? wi let's begin with america's best loved stock, the world's biggest company under pressure this hour on a couple different reports. josh

, averaging a 3.6% return. "the halftime report" with scott wapner and the traders is back in two minutes what powers the digital world. communication. that's why a cutting edge university counts on centurylink to keep their global campus connected. and why a pro football team chose us to deliver fiber-enabled broadband to more than 65,000 fans. and why a leading car brand counts on us to keep their dealer network streamlined and nimble. businesses count on communication, and communication counts on centurylink. the s&p is up a month later, the ten-year yield rises >>> welcome back shares of gm are up 24% this year goldman says the run may be over that firm out with a note today downgrading it to a sell we've made it our call of the day. all right, weiss, you battled with lebenthal on numerous occasions about this stock, which has had a great year. >> it has had a great year. >> haven't battled with him lately. >> gm, well, i mean, sort of became a one-sided battle for a while given the stock's moefrgs right? >> it did. here's hoy see it. >> in his favor, i might add you know where i'm go

halftime report." i'm scott wapner our top trade this hour. under assault. chairs of under armour hitting a four-year low and the company cutting its sales outlook and missing its earnings what ceo kevin plank just told investors. with us, joe terranova, stephanie link, joe lebenthal jon najarian. >> kevin plank is calling 2017 a reset for our business and our brand. the question is, steph, can they do that?

halftime report." i'm scott wapner our top trade this hour, earnings palooza, what the busiest week of the season so far will mean for this record rally. can google, amazon, microsoft and so many more big names keep stocks climbing? with us for the hour, jim terranova, jim lebenthal, jo

to "the halftime report." i'm scott wapner our top trade this hour, electric shock ge tumbling on earnings today. its worst day in years, but is that drop finally, finally are the opportunity now to get in? with us for the hour, jon narnlg narnlg john and josh brown, kevin o'leary is with us, good to have him with us as well. we begin with shares of ge off the lows of the day. still getting slammed though, this after a disappointing third quarter. the company also cutting its forecast josh, you were in this stock a long time ago. you've since been out. what do you make of the quarter and what's happened with the stock? >> so, i'm not getting back in but i would tell you if you're looking to sell, make you already had that opportunity, i'm watching the canned. i want to see how she goes out, because when you have a stock that's down almost 10% pre-market and it gains back as much as it has in that day, psychologically you're just thinking like anyone that want to be out of this thing may have already gotten out maybe we saw the worst of the news that we expect to see all year this.

." >>> and welcome to "the halftime report." i'm scott wapner the top trade. the tech takeoff, some of the biggest names in the space surging on this hour on earnings is there still time to buy, or have you simply missed your chance to get in with us for the hour, weiss, jim lebenthal and kevin o'leary here with us as well. microsoft and intel, shares higher leading t

talked to scott wapner a month ago, he ma i hde it seem he was going after the retail investor now it seems like he's reaching out to people at home. >> the people who watch at home who are not involved in the thick of these battles, they don't like ad homhominem attack. i think he's trying to wait out the last bit of bad news i'm with him with the idea of stocks trying to bottom. i mentioned it to him, america doesn't have a long term memory but they have a short term memory for some of the bad things they saw. i think it's a longer slog than he does. he's pretty optimistic >> dan, nathan likes the qqq >> stick around for the final call, jim. >> all right i'm skeptical. >> jim, thanks jim cramer for the full interview, do not mid-"mad money" tonight, 6:00 p.m. eastern time. >>> up next, are you buying or selling karen's pitch for manitowoc? we'll reveal the results aer e orbrk.ft i can't wait for her to have that college experience that i had. the classes, the friends, the independence. and since we planned for it, that student debt is the one experience, i'm glad she'll miss when

over to the judge at hq. >>> and welcome to "halftime report," i'm scott wapner. our top trade this hour, finding value in a record breaking market with the dow crossing 23,000 for the first time ever earlier today, which stocks can still deliver for your money with us for the hour to discuss and debate that, jim leeben that will, john and pete najarian we begin with one of the best past performing of the decades, bill martin beaten 99% of his peers over that period, he is with us today with two eye

to "halftime report," i'm scott wapner. our top trade this hour, finding value in a record breaking market with the dow crossing 23,000 for the first time ever earlier today, which stocks can still deliver for your money with us for the hour to discuss and debate that, jim leeben that will, john and pete najarian we begin with one of the best past performing of the decades, bill martin beaten 99% of his peers over that period, he is with us today with two eye opening stock picks. bill, welcome back it's been a while. good to see you again. >> thanks for having me. >> you look at the stocks that have taken the dow from 22 to 23k in only 76 days and it's boeing, cat, home depot, goldman and i look all the way to the bottom of the list and the worst performer is general electric, a stock you say you are buying and it has become now a contrarian call because nobody seems to like it anymore why are you buying ge? >> well, i guess it shouldn't be too big a surprise that a value firm like oakmark is buying something that is tremendously out of favor we think this is a very different compan

the judge and "the half. >>> all right. welcome to "the halftime report." i'm scott wapner the index is the best performing of the major averages over the past throw months so how can it really climb with us joe terranova, stephanie link, josh brown and jon najarian and our special guest, leon cooper man of omega advisers, with us for the hour today from florida the dow almost halfway now to the 24,000 mark. lee, it's good to have you back. how are you? >> thank

halftime report." i'm scott wapner the index is the best performing of the major averages over the past throw months so how can it really climb with us joe terranova, stephanie link, josh brown and jon najarian and our special guest, leon cooper man of omega advisers, with us for the hour today from florida the dow almost halfway now to the 24,000 mark. lee, it's good to have you back. how are you? >> thank you, nice to be with you. thank you. >> so, when you were with us on august 7th, you said the market is fully valued. from then until then the dow jones industrial average is up 6%, the s&p% up 4 we overvalued now? >> not yet, no i would say that, you know, basically bull markets ended over valuation and i don't think we're overvalued use whatever adjective you want to describe it the market is not cheap and it's not expensive. so as i think i've been saying, i think we're kind of approaching normalization, and to me normalization is a 17 multiple on earnings and the trick is what is the earnings you're looking at? you know president trump and the republicans get their way, and we ha

. >> let's get to wapner and "the half." >>> and welcome to "the halftime report." i'm scott wapner our top trade this hour, electric shock ge tumbling on earnings today. its worst day in years, but is that drop finally, finally are the opportunity now to get in? with us for the hour, jon narnlg narnlg john and josh brown, kevin o'leary is with us, good to have him with us as well. we begin with shares of ge off the lows of the day. still getting slammed though, this after a

." i'm scott wapner our top trade. industrial strength rally. another new record for the dow this hour. how high can that average fly, and are the big blue chips the best bet for your money? with us for the hour steve weis, josh brown and the brothers najarian and ian winder, the co-head of equities at web bush securities we do begin with the major averages, the industrials and transports making another new high the nasdaq joining the party, albeit slightly as well. steve, is this the place that really should be getting a lot of focus i know we're talking a lot about small caps and all the talk about the f.a.n.g.s building, visa, apple, mcdonald's all great years and now the transports have joined along as well. >> the transports were just waiting there, waiting to move higher they were down 25%, 30 boss so as the market looked like it was fine, everything was great they were getting pummeled so over the last week they started moving up. delta yesterday came out and said, you know what. the hurricane is not that big of an issue they still gave better guidance so i think, you know, as p

welcome, guys. kenny, last week, scott wapner was here and said a poll of a lot of traders indicated that something like 78% of those traders or investment analysts think stocks can go higher will go higher from here but 0% of them, 0% of them think stocks are anything like cheap in fact, most of them think they are expensive. how do you square the two? >> i would agree, because i'm in that same camp we are at high valuations, yet this market does not want to go lower no matter what you throw at it. it does not want to go lower now we went through -- ended up being a very strong third quarter into the fourth quarter. we have earnings starting next week so people are focusing on earnings they are really starting to talk about and focus on the underlying fundamentals are getting better so the market feels much more secure in terms of janet yellen tapering and rates rising. actually, people look at that as maybe it's finally really here maybe we hit escape velocity and the market and the economy will do better so we are going to normalize. that's all bullish look at this feels like toda

"squawk on the street." i'm scott wapner with jim cramer david faber is on assignment see how we are setting up for this day on wall street. s&p with an implied open, and so woul

street" begins right now. ♪ >>> good friday morning. welcome to "squawk on the street." i'm scott wapner with jim cramer live from the new york stock exchange cart quintanilla is off today. a drop in payrolls, down 33,000 in the wake of hurricanes irma and harvey let's look at how futures are shaking out on this friday morning, record-setting week