19 Burst results for "Scott Wapner"

Dow Falls 400 Points As Questions Are Raised Over Moderna’s Coronavirus Vaccine

Squawk Pod

04:03 min | 8 months ago

Dow Falls 400 Points As Questions Are Raised Over Moderna’s Coronavirus Vaccine

"Questions tonight about Madonna's vaccine sent stocks lower. But there are new signs tonight. The country is getting back to business BALDO session for Stocks Today. Stocks lose ground early to research how this as yesterday star becomes today's goat shares of Maduna tanking. Why is it that the federal government should be the source of this money? Plus IS AMERICA TURNING AGAINST OUR CITIES AS MORE COMPANIES? Allow working from home. What's the downside this? Cnbc special report markets in turmoil starts right now. Here's Scott Wapner. Welcome good to have you with us on this Tuesday night. After a late day SELLOFF. Let's get your first look at futures tonight. It was a sudden sell-off late in the day right now though. We are green across the board quite early as you know. Stock closing at their lowest following report by our partners at got news raising questions about trial results. From dern his vaccine candidate the Dow and S&P five hundred both falling more than one percent the headline from Staten News. That shook the markets today vaccine experts say modern. It didn't produce data critical to assessing Kobe. Nineteen vaccine for more on that report from Stat News. It did move the stock market. We are joined once again tonight by Dr Scott Gottlieb a CNBC contributor of course the former head of the FDA. Dr Gottlieb's good to see you again. What is your reaction to this news in this late day? Report from Stat. Well look I think. The report raised the reasonable questions. But I think the news is what it was which is the data from earners encouraging. There's now data. From multiple different vaccine development programs both preclinical and some clinical data suggesting that it's possible to develop vaccine constructs that produce genetically mean produce antibodies that could potentially be neutralizing against the virus and could afford some level of protection. But the data's very early we don't know what the title levels were for this vaccine for the antibodies produce so we don't know the magnitude the antibody production. We don't know whether or not all the antibodies were neutralizing. So that means whether or not they would actually target the virus and eliminate the virus. So there's a lot we don't know but the data was encouraging but it was early dated. I'm there's still a lot of work to be done including finding the right dose of that vaccine that could be taken into later stage trials and so you know I think the stat article raised all the reasonable questions. That was still out there yesterday as well but I think the totality of the data that we have around different vaccine contracts should give us increasing confidence that at some point in the future and perhaps in the near future going into the fall we should be able to develop experimental vaccines that will deliver some level of immunity against this virus. Some are asking the question tonight. Dr Gotlib whether this data should have been released at all by Madonna. And how would you answer that? Well look I'm not sure why they released. The data set the way they did and I suspect they felt compelled to release after there was some discussion of the data on Friday. Or perhaps of this data there was some discussion about data from an early trial on Friday. At a press conference that was held and if that was representing them returning data they may have felt compelled to release Monday morning but perhaps if they You know we had the opportunity to. They would have waited a little longer until they had data on all of the forty five patients. Whether or not they were producing neutralizing antibodies as well as quantitative data on the level of antibody production so they qualified the data to describe the level of antibody production that they saw the trial but they didn't quantify it and you would have wanted to see the quantity of the antibodies that were being produced really to have an accurate picture of just how robust the immune response was to this virus. I suspect that they didn't have a complete data set. They said at the time they disclosed that they only had data on the neutralizing antibodies. I eight patients so only had data on whether or not the antibodies are actually targeting limiting the virus on eight of the forty five patients for the patients. We know that they developed what we call binding antibodies. Anybody's abound the virus. But we don't know they eliminate the virus

Stat News Dr Scott Gottlieb Cnbc Federal Government Madonna Scott Wapner Kobe America Dr Gotlib Staten News FDA
Special Report | Markets in Turmoil: Healthcare & Reopening

Squawk Pod

11:25 min | 9 months ago

Special Report | Markets in Turmoil: Healthcare & Reopening

"Day. One hundred twenty three of the corona virus crisis new information tonight on a key drug to fight the virus as the nation moves closer to reopening stocks are under pressure the best month for stocks since. Nineteen eighty-seven comes to an end but questions persist about the rally and our ability to stop the virus. What we found out is just a little piece of the puzzle. Also tonight when we take a step forward we don't want to take two steps back. One business owners plead to his State. We're not ready to reopen this. Cnbc special report markets in turmoil begins right. Now here's Scott Wapner. Welcome good to have you with us on this Thursday night after the biggest month for stocks in a decade. Let's get to our first look futures right now early but they are lower following lackluster earnings from some big tech names. After the bell today stocks were lower across the board the Dow losing nearly three hundred points but the real story was the month of April. The Dow gaining eleven percent S. and P. Five hundred almost thirteen percent. That was its best performance. Since nineteen eighty-seven you see the major averages putting in that mark tonight the Nasdaq adding more than fifteen percent. It's best month since June of the year. Two thousand there is also new information tonight and the path towards vaccine drug maker AstraZeneca teaming up with Oxford University information on phase. One of their testing is due very soon our farmer reporter make to route following the details for US tonight. High Bank Scott. Well it is. One of the most advanced vaccine programs in development fur-coated nineteen right now. Researchers at the University of Oxford started the first phase of human clinical trials last week and five different centers in southern England with data expected to be available next month. They say if all goes well a later stage trial could begin by the middle of this year. A key question for any successful vaccine though will be the ability to manufacture it at a large enough scale that is where a partner like Astra. Zeneca comes in under the agreement with Oxford. The British drugs giant will be responsible for development and worldwide manufacturing and distribution if the clinical trials. Prove that the vaccine works. Now it's not the only experimental vaccine already in human studies one from dern and the National Institutes of Health in the. Us began testing in healthy volunteers. In March well small biotech company and no view has also said it's begun tests. Several vaccines in China have also entered the first phase of human testing whilst Pfizer and bio tech began trials in Germany last week. And they're expected to start. Us trials imminently a key question for all these potential vaccines will be whether the course of the pandemic will enable efficacy to be proven. It often happens and outbreak scenarios that the science is too slow to keep up with the disease. Many times in the past outbreaks have subsided before a vaccine could be ready to be tested. The development and manufacturing of new drugs and vaccines is also an expensive endeavor and Gilead who's drug desa. There yesterday showed positive results in an NIH. Trial said it spent fifty million dollars on the drug in the first quarter and may spend up to a billion dollars this year. The company's pledged to donate it's available supply of the drug and hasn't commented on pricing plans. After that Daniel Day was asked on a conference call with analysts tonight. Why covert nineteen is different from other diseases? The company does profit from treating like HIV. Hepatitis and flew. There's been no other time like this in the history of the planet than any of us about live. In terms of the far-reaching reaching effects of this pandemic so medically from a patient perspective most importantly but also economically and so I think there is no guidebook out there. There is no rule book out. There and day will join us tomorrow morning to discuss that and more on squawk box Scott Meg. We'll look forward to that very much in the morning on squawk box. That's Meg Terrell reporting tonight on the money as always joining us now. Cnbc CONTRIBUTOR IS DR Scott Gottlieb. The former head of the FDA. Dr Dot leaves good to talk to you again. You must first your reaction to this story about Oxford and AstraZeneca teaming up good news. We're going to need more than one vaccine developer to be successful here and the fact that Oxford's teaming up with Astra Zeneca which has the ability to manufacture this product at scale. Because the big challenge here isn't just going to be demonstrating that these products are safe and effective and running the clinical trials but also engaging in a large scale manufacturing this can be required to produce these in quantities sufficient to provide them to an entire population. Astrazeneca has heft. They have that ability so this is a positive development. We need more than one vaccine developed. It'd be successful here. We need multiple vaccine to be successful across the world if we're GONNA have enough doses to supply the entire world and also the low and middle income countries that locked out of this race right now. There's a lot of exuberance last evening. Plenty of opportunity today for some maybe to walk back. Some of the expectations of having a vaccine ready as quick as some of the timelines have said through this operation warp speed for example though Dr Falcone this morning on the today show certainly didn't back down. Is it really possible to have a vaccine Dr Gotlib by January? Well we're probably GONNA have by January. Is Vaccines in sufficient quantities to run very large scale trials. So we have outbreaks in American cities. We'll be able to deploy thousands probably hundreds of thousands of vaccines in those cities. I run kind large trials that we're going to need to do to prove that these vaccines not just are effective. But that they're safe. In terms of having sufficient quantities to inoculate the entire population. That's really a twenty twenty one event and hopefully we'll we'll have it in time for twenty twenty one but it's unlikely to be available before the end of this year but we could have tens of millions of doses before the end of this year if you if you see multiple manufacturers being successful because each manufacturer could probably produce millions if not upwards of around ten million doses and so you have involved fires of the company that I'm involved with. You have a couple of small biotech companies engaged to no fee. Gsk's engaged now you have Astra Zeneca J. and J. Working on an ad no viral vaccine. These are large companies that know how to manufacture at significant scale overall. How would you describe your own level of optimism about where we are in our fight against this virus tonight? I'm very optimistic. And we're making very rapid progress and trying to drug this this virus and there's nothing particularly complex about a corona virus. That would suggest that. We're not going to be able to develop an effective therapeutic vaccine against it. We haven't had a vaccine against the corona virus before but we haven't tried really except for SARS emerge typically corona viruses caused common colds. And we haven't really sought vaccines for them. We already probably have one antiviral drug. That's effective not a home run but a drug that looks effective in severe. I think we're GONNA have antibody drugs by the fall. At some point this fall that starts to be the makings of a pretty potent toolbox. Those are the first generation products and so we'll see second and third generation drugs come online. The entire by pharmaceutical sectors really focused on this intently. And I think we're making very rapid progress and so I'm optimistic that we're going to have therapeutics. Never seen anything like it really. Let's move from Therapeutics and vaccines to talk about more reopenings Georgia now set to lift a most shelter in place restrictions tomorrow. Is that a good idea. Well look I think what's taking shape in this country is that we've reached a plateau in the number of infections at about thirty thousand a day. We're bouncing around. But is that about three thousand a day so you have to assume about three hundred thousand infections a day in this country because we're probably diagnosing one in ten infections to one in twenty infections and the number of deaths has plateaued as well. I think we're likely to bounce around on that plateau for a sustained period of time and the risk we face by reopening isn't necessarily that we have very rapid surge in infections and run into another epidemic but we never really snuff out the infections that we have smoldering infections all through the summer. And if that's the case if we continue to have three hundred thousand infections a day by the time you reach September first upwards of fifteen percent of the US population will have had corona virus. And so you starting to get pretty significant proportion of the population. I think that's the risk we face by some of the reopenings that we're seeing when you still see cases going up now Georgia. The cases are going down in recent days. But they're still not testing a lot and so you don't know how reliable those that data is but they haven't seen the kind of sustained declines that we've all said at the outset that you'd want to see to try to safely reopen an economy. We've had this conversation about Georgia. Numerous occasions you tweeted a few days ago that they were still having an epidemic there that cases were on the rise. Though I saw today you did say that. They've seen a big improvement. It seems like a fairly short period of time to have some level of improvement. No improvement was in the model that model that everyone looks at from Washington state and that model is just based on trends. And so what they're doing is they're looking at current trends fitting lines curves so they're trying to project from what the current trends are so. Georgia has shown in the last week of reduction in the number of new cases on a daily basis. Some events probably improvement some of. It's probably under testing Georgia ranks in the lower echelon of states in terms of the testing that. They're doing their population. So it's unclear whether or not the epidemic Israeli subsiding in that state. When you look across the country you see a lot of states probably about twenty five states. Where the epidemic is rising in terms of the number of new cases on a daily basis. So the number of cases being diagnosed on a daily basis is actually going up. Some of that's a function of the fact that we're testing a lot more so we're capturing more cases but some of it's also a function of our seeing expanding epidemics in a lot of states. Now that's said many of these states are states with a very low number of infections. So they're going from one hundred infections of data one hundred ten to one hundred twenty so they're not states that had a big epidemic to begin with but nonetheless it just shows that we're really not through the woods yet when it comes to this national epidemic New York showing a lot of improvement and that distorts the national figures but nationally. You still see a lot of states with a lot of spread. What do you think about New Jersey's plan to open golf courses and parks this weekend? Is that a good idea. I think it sound for the states to try to contemplate what they can do to give people a sense of normalcy again. And the first thing you can do is try to open back up. Recreational activity done outdoors. We know the risk of spread is lower. I've been advocating and talked to a number of local officials about the idea of trying to move things that are traditionally done indoors outdoors and so two extent that we want to restart religious services holding them outside. We want to restart gym classes holding those outside. Even as we contemplate reopening restaurants lifting local ordinances that make it easier to businesses to try to move some of that business outside maybe closing blocks and sectioned off more real estate more public real estate for businesses to try to open up at venues outside. That's not going to be foolproof but holding these things outside does reduce risk and. I think it's important that we try to start reintroducing activities that give people a sense of normalcy about their lives and the first thing to do really is to put the nets backup in parts. Let's let's finish by discussing the

Georgia United States Astra Zeneca Oxford Cnbc NIH Scott Wapner Zeneca University Of Oxford Daniel Day Dr Scott Gottlieb Astra Oxford University New Jersey Scott Meg Hepatitis Meg Terrell Pfizer
"scott wapner" Discussed on Squawk Pod

Squawk Pod

08:14 min | 10 months ago

"scott wapner" Discussed on Squawk Pod

"I I'M NBC producer. Katie Kramer one of the voices behind the CNBC podcast squawk pot. In these times of uncertainty. We WanNa make sure we're bringing you our listeners. As much information as possible as quickly as we can. That's why we're sharing with you now. See SPECIAL REPORT MARKETS IN TURMOIL. Listening good evening. I'm Scott Wapner. Today's Wall Street Rally Fizzles is the Dow finishes negative and on the one hundredth day of the corona virus crisis the city where it all began. Wuhan. China ends its lockdown. We started red hot and ended ice cold reversal stocks loose team this afternoon. A nine hundred point gain for the Dow evaporates. We're going to have to restart that economy with enough to restart a lot of systems that we shut down new information tonight. New York Governor Andrew CUOMO'S PLAN TO RESTART BUSINESS LONGER. It lasts the more disruption. There will be in the harder it will be to come back and the sobering reality of death. Illness and job cuts tonight. How three religious leaders are dealing with unprecedented fear and prices this CNBC special report markets in turmoil begins right now. Here's Scott Wapner good to have you with us yet again tonight. We do start this evening with a look at futures which right now are slightly lower in early trading. You could see after that big give back towards the close stocks did suffer a major reversal. I do mean major. The Dow is up nine hundred points at one point today. Sold off into the close to finish in the red a similar story for the SNP and the Nasdaq after big gains both finished the session lower. Shannon's Akasha is chief investment officer with Boston. Private Wealth Steve Weiss's founder and managing partner of Short Hills capital both. Cnbc contributor is good to see both this evening Shannon. I begin with you. What do you make of the big give back in the fact that we were up nine hundred closed? Negative profit taking this afternoon. That's clearly what was on the table if you look at the buys. Yesterday a lot of people are looking to to grab travel and tourism stocks a retail stocks. There was an enthusiasm there that we were going to come out of this and that the positive data that we saw of New York in particular over the weekend was going to extend and actually compress the duration of this curve. And so today. I think what you saw this afternoon was there have been a lot of investors who held this prior to corona virus. Who held these travel and tourism names who've hung on for a better exit point retail names the same thing and I think you saw that this afternoon. Steve Weiss what are the last couple of days? Tell us if anything about where this market is heading. I've been consistent with saying that. I think the bottom was in. I still believe that. The market really defies analysis traits more on emotion and more than words. It's more linked in my view to what governor Komo's saying because he's at Ground Zero. New York's been the most effective but I think the conversation now is turning to okay. What happens in the aftermath? We're taking for granted at this point to where at least comes into conscious that may be in a month. We'll go back to work but then what happens. People go back to work and does the virus come back. So that's what you're looking at right. Now that's what I was looking at. I think champs correct. I didn't get involved in travel stocks for obvious reasons that I was going to take profits this afternoon after an exceptionally strong day yesterday and the mark fouls pattern. It's risk Friday because you worry about really bad news over the weekend risk comes back on and then you take profits big money where he again. It's that kind of market Shannon. Do YOU AGREE WITH STEVE. Wife's that the bottom is in that we won't retest the lows. I don't think we can say that just yet. We're in this vacuum of information over the course of this week. We're looking just at virus data. We've got earning season starting next week. Scott and we're going to get some really great data about what companies are seeing in their businesses and some of that could be really dire news so I don't I can't say that just yet so we're waiting for earnings season to get more information. We'll see you guys on the halftime report. One day soon. Thank you so much in Secaucus. Kosheh Steve Weiss with us. Let's turn to Dr Scott Gottlieb now the former FDA commissioner and CNBC contributor adding a new title today officially joining Maryland Governor. Larry Hogan's Corona Virus Response Team Doctors. Good to see you. My Home State is in good hands this evening. Thank you let me talk to talk to you about the market clearly rallying yesterday and in some respects for the better part of today on these improving numbers specifically out of New York. Are you as optimistic as the market is suggesting well? The numbers are improving. We should acknowledge that. The numbers of New York that cities probably going to be entering plateau. They'll bounce around the top for some days and then they'll start to come down but by next week we might see the number of new cases. Starting to decline hospitalizations will contain increase for a couple of weeks but the new cases will start to decline. That's true of most of the north and the Northeast as well as Pacific northwest which has been declining over a longer period of time. I'm still in cases in the southeast Florida. Reaching fifteen thousand cases Louisiana sixteen thousand cases. The hot spots in both of those states. Miami in Florida New Orleans in Louisiana are doubling every two to four days right now so there's still rapid growth in cases in those two states and I still think Georgia and Texas remained question marks that you haven't seen acceleration in cases in those states. But they're still under testing and you see hospitalizations going up. There's still some concern so we're not out of the woods yet. But I think we're starting to see the light. At the end of the tunnel in terms of wetness epidemics. GonNa peak nationally and where we can start to contemplate releasing some of these really onerous population-based mitigation tactics and we've been following basically keeping people in their homes. We'll make that transition and may I think there's still a lot of uncertainty going forward. What happens in June and in what happens again in August and I'm not sure the market's really anticipating that I think that there's a lot more uncertainty around what the fall looks like when people are really starting to factor in right now. I'm wondering how you're thinking about the numbers themselves and if you think we can truly trust them. There are some alarming reports. Tonight that a lot of people are dying at home and not in the hospital. Therefore they're not being counted in the official numbers. What are your insights on that? I think most deaths in this country get reported and the closet delegates reported. I'd be very surprised if there is any kind of dramatic under reporting in the US. Right now it is. True that systems are overwhelmed is going to be under reporting on the margins at hospitals outside the hospital setting. We're clearly not diagnosing all the infections. There's a lot of infections happening in the community. That aren't making into official statistics. There was a study out in the British Medical Journal. Today saying that as many as four or five cases maybe eight symptomatic cases. That's high relative to other analyses but we also know that there's probably a lot of asymmetric infection that's occurring that we're not counting so the number of cases higher probably there are some deaths that aren't getting reported. There were some early desperately that weren't reported but by and large I think hospitalizations people who are infected in hospitalized and people who come to the infection I think those are by and large making it into the official statistics. That's why when we look at trying to track what the scope of an outbreak or epidemic in state the first thing to look at his hospitalizations because people who get hospitalized with the infection are going to get counted more reliably than people who are just diagnosed with infection and might be at home speaking of hospitalizations now half of where they were a week ago in New York the number of ICU trips are down. That significant can we for the first time. Doctors say that the curve is indeed flattening tonight. I think the curve is starting to flat and I don't think we're quite there yet but you fit a line to a curve and generally reliable when you do this kind of modeling and unless we really did something to pull back the measures that are now implemented which we're not GONNA do we're GonNa continue with the measures until we see a real trend unless we were to pull back right now. I think the trends are going.

CNBC Steve Weiss Scott Wapner New York official Katie Kramer Wuhan Shannon NBC British Medical Journal SNP governor Komo Dr Scott Gottlieb Illness producer Secaucus
"scott wapner" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:59 min | 1 year ago

"scott wapner" Discussed on Bloomberg Radio New York

"And I'm Charlie Pellett at Bloomberg world headquarters records for the U. S. stock market and a winning week two in a row in fact for the S. and P. five hundred index on the week the S. and P. advanced by one point six percent during the week when the corona virus threatened to become a pandemic the fort's global growth the S. and P. five hundred index advanced four out of five days Scott Wapner is chief investment officer at horizon investments ultimately what we think's why what why within the market really looking through this pretty well and why probably smart to look through it is there can be a wave an absolute wall of stimulus coming out of China and actually a Wall Street was coming out of the United States as well Federal Reserve Bank of Cleveland president Laurent or masters says the impact of the coronavirus and the risk it poses to the global economy have not changed her forecasts for continued growth of about two percent in the U. S. is here master spoke with Bloomberg radio and television we now have some new arrests and turn in including the corona virus so you have to take that into account when you're thinking about growth on right now I'm thinking about is a risk you know I I expect that certainly in China and perhaps in Asia the first quarter numbers are going to be weaker there could be spillover the US economy as well as for the economic backdrop David mas's head of product that direction or getting to the point in my opinion where you can't start ignoring some of the weakness look at the chilled stated that came out look at the retail sales in the control group this is an all out cell signal but it's telling us that if we are truly late cycle maybe we need to know that late cycles often lead to the end of the cycle and then eventual news cycle but in the Friday session a record for the S. and P. and nasdaq S. and P. up six nasdaq up nineteen both a gain there of two tenths of one percent the Dow fell twenty five down one tenth of one percent global news twenty four hours a day on air and on quick take by Bloomberg power by more than twenty seven hundred journalists and analysts in more than one hundred twenty countries I'm Charlie Pellett this is blue Berg.

Asia head of product David mas Bloomberg Laurent Cleveland Bloomberg world Charlie Pellett president Federal Reserve Bank United States China chief investment officer Scott Wapner
"scott wapner" Discussed on WLS-AM 890

WLS-AM 890

08:21 min | 1 year ago

"scott wapner" Discussed on WLS-AM 890

"It was really sorry. But that's that's today's democrat presidential field going around sniffling and grabbing their struggle sessions apologizing for the most absurd of things, but never mind all that. They're just they're bunch of kooks kooks, I say, and they want I, you know, if you can't stand up to joy Behar, you're probably not the person we want to send out there to go toe-to-toe with the ayatollahs and Kim Jong UN and g Shing being ricochet rabbit and Vlad the Impaler Putin and all of this gets about by the way, I think Joe Biden agreed yesterday that the only reason President Trump is living in the White House. It's illegitimate as we know. That's what the Democrats say it's because of his pal Vlad it's because and Joe Biden, he agreed with us because he wants to step apologizing. He just wants to be president. He's not going to win is not gonna win. Anything if you become the nominee is going to lose to President Trump. I hope he becomes the nominee poor fell. I this is his big chance to become the nominee. That's as far as he's going to get Mark Cuban his billionaire. So people listen to what he has to say. I don't think that he really has a lot to say myself. But he says it, and that's good, and he's a billionaire. So, you know, the sports same so people listen to and Mark Cuban yesterday was doing an interview. And he said, listen, none of the Democrats out. There are in a position to be President Trump. And and they were all a God. What do you mean? None of them. He was on CNBC Mark Cuban leaves open possibility of running for president as an independent these guys just have super egos because they they have private jets and multiple mansions, and you figure you're right about a lot of stuff when you have a billion dollars in the Bank because you got to be smarter than everybody else. Everybody else doesn't have a billion dollars in the Bank. So people listen to. And he he said he was asked by by Scott wapner Z related to judge wapner. I'm wondering if like the people's court Scott wapner on CNBC asked him he said, well who's out there that can beat President Trump in the democrat field. You know, we got like twenty six of them. How many are there now twenty two or twenty four even the DNC doesn't know for sure? But he said, well, really there's nobody out there who can who can be Trump. I don't think there's anybody out there right now that can be Trump any of the Democrats and the news media's had Dun, Dun, duh. We're just gonna have to peddle faster. We're going to have to work harder because we can't allow Trump to win again. This would be this would be terrible. None of us voted for him last time. What was the New York Times reporter who famously when Nixon one Pauline kale, a Nixon won reelection in one thousand nine hundred seventy two and she she was asked about it today. Famously said I can't believe Nixon one nobody I know voted for him. And in newsrooms, you see they can't believe Trump won. Because nobody they know voted for him. And that is literally true. And if they knew someone who voted for him, they probably try to feel sorry for them. They be filled with contempt and anger in reality. But but they try to feel sorry for him. I do want to get to you don't want to I want to get to the the question to Joe Biden by one of Joe Biden's fans in Nashua, New Hampshire. Nashua New Hampshire the first in the nation primary. So they're already sniffling and grabbing the election is in November not of this year, though, November of next you might as well be the year after next year might as well be just doesn't matter because of the permanent campaign that Howard Dean thing because this is very disturbing to isn't it. This is the problem. We have in our country is the Democrats decided that we used to have a presidential election every four years, and then midterm elections every two years in between and something like that. And and then the Democrats decided, well that's not enough we need to keep people angry twenty four seven. All right. Every day of the year. We need to keep people angry. That's our base, and we need to keep our base angry furious. That's what we need Howard Dean said I know how to do that we can become more like Europeans since we're so disdainful of America, and we could have the permanent campaign that would never go away and would ruin families and friendships, and and we're really destroy America. So let's do that. Permanent campaign. I do. Now the plummeting for one year when you had a candidate minute. You didn't win you can't pay here. Yeah. Campaign for letting Democrats we have heard can't, hey, influencing policy. It brings us a little closer to the European model. He says excitedly here. The the excitement in his voice at met makes us less like Americans, more like Europeans, pathetic, micro, appendage, clowns. What what does that? Even mean. I'm not sure there is a democrat that plays soccer for the United States women's national soccer team. She has been known to sing the national anthem in the past her name is Meghan revenue. Regular Meghan Rappeneau. She's a political activist as well for LGBTQ issues. She's the co captain the United States women's national soccer team Meghan, wrapping up and she told Yahoo sports. She said, I'll probably never put my hand over my heart. I'll probably never sing the national anthem again. She said, she's a walking protest. This is it. I'm a walking protest when it comes to the Trump administration. She said because everything I stand for. It goes against everything she stands for I feel like it's a kind of defiance in and of itself to just be who I am. And where the jersey and represented because I'm as talented as I am oh, athletic privilege. I guess I get to be here. You don't get to tell me if I can be her not listen, but what your little defensive here having having an episode of some kind. So it's kind of a beep you to any sort of inequality are bad sentiments that the Trump administration might have towards people who don't look exactly like him, which got help us. If we all looked like him, scary, really scary disturbing. This is this was her answer. And Trump is president social probably never say that Ashley anthem again. She'll never she'll never do it again. She'll never she'll never smile again until Trump's not president, she'll never laugh again and. Until she laughs with someone else who is not Trump's president. And I want to and with this because this goes to this is the this is the Trump derangement syndrome. She's a crazy person. Just shut up and kick the ball. All right. I mean, you know, who cares about any of this other stuff? And and she things were different in two thousand eleven when Rappeneau saying born in the USA into a microphone during a FIFA World Cup qualifying match. Who cares? I mean renaissance who who are you and just come down take your pills K and just vote on election day. Sometimes you win. Sometimes you lose get over the economy's great. Everything's wonderful. Obama, you know, the sole illegal alien children to slavers already didn't sell them. He gave them to them for free again slavers. They used them as slaves you should maybe focused on that. It was about putting those children in cages, okay? Obama assassinated Muslims American Muslims overseas without due process. Right care about that K about more countries than any president since World War Two digit care about any of that, they the Democrats they exterminate forty percent of the black population in America. Do you care about any of this stuff? Or is it really just a hair you really obsessed with great audio Joe Biden coming up, you here, this this sort of typical democrat voter, it might be the tree.

President Trump president Joe Biden Trump Mark Cuban Howard Dean Meghan Rappeneau USA America joy Behar Obama Scott wapner Z Vlad soccer Kim Jong UN Scott wapner Nixon Nashua CNBC
"scott wapner" Discussed on WMAL 630AM

WMAL 630AM

08:42 min | 1 year ago

"scott wapner" Discussed on WMAL 630AM

"In John's. Nice. We should run for president is democrat. Really sorry. And it was really sorry. But that's that's today's democrat presidential field going around sniffling, and grabbing their struggle sessions of polish sizing for the most absurd of things, but but never mind all that. They're just they're bunch of kooks kooks say and they want I you know, if you can't stand up to joy Behar, you're probably not the person we want to send out there to go toe-to-toe with the Ayatollah and Kim Jong UN and g Shing ricochet rabbit and Vlad the Impaler Putin and all of this gets about by the way, I think Joe Biden agreed yesterday that the only reason President Trump is living in the White House. It's illegitimate as we know. That's what the Democrats say it's because of his pal Vlad because of his pals and Joe Biden agreed with us because he wants to step apologizing. He just wants to be president. He's not going to win is not gonna. Anything if you become the nominee is going to lose to President Trump. I hope he becomes the nominee poor fell. I this is his big chance to become the nominee. That's as far as going to get Mark Cuban his ability mares, people listen to what he has to say. I don't think that he really has a lot to say myself. But Betty says it, and that's good. He's a billionaire. He owns a sports team. So people listen to and Mark Cuban yesterday was doing an interview. And they said, listen, none of the Democrats out. There are in a position to be President Trump. And and they were all Gog. What do you mean? None of them. He was on CNBC Mark Cuban leaves open possibility of running for president as an independent these guys just have super egos because they have been private jets and multiple mansions. And if igure you're right about a lot of stuff when you have a billion dollars in the Bank because you got to be smarter than everybody else. Everybody else doesn't have a billion dollars in the Bank. So people listen to. And he he said he was asked by by Scott wapner Z related to judge wapner. I'm I'm wondering like the people's court Scott wapner on CNBC asked him he said, well who's out there that can beat President Trump in the democrat field. You know, we got like twenty six of them. How many are there now twenty two or twenty four even the DNC doesn't know for sure? But he said, well, really, there's nobody out there who can who can come about on think there's anybody out there right now that can be Trump any of the Democrats and the news media's had Dun, Dun, Dun. We're just gonna have to peddle faster. We're going to have to work harder because we can't allow Trump to win again. This would be this would be terrible. None of us voted for him last time. What was the New York Times reporter who famously when Nixon one Pauline kale? Nixon won reelection in nineteen seventy two and she she was asked about it today. Famously said I can't believe Nixon one nobody I know voted for him. And in newsrooms is see they can't believe Trump won. Because nobody they know voted for him. And that is literally true. And if they knew someone who voted for him, they probably try to feel sorry for him that be filled with contempt and anger in reality. But but they try to feel sorry for him. I do want to get to you don't want to I want to get to the the question to Joe Biden by one of Joe Biden's fans in Nashua, New Hampshire. Nashua New Hampshire the first in the nation primary. So they're already sniffling and groveling the election is in November not of this year, though, November of next might as well be the year after next year might as well be just doesn't matter because of the permanent campaign that Howard Dean thing because this is very disturbing to isn't it. This is the problem. We have in our country is the Democrats decided that we used to have a presidential election every four years, and then midterm elections every two years in between and something like that. And and then the Democrats decided, well that's not enough we need to keep people angry twenty four seven. All right. Every day of the year. We need to keep people angry. That's our base, and we need to keep our base angry furious. That's what we need Howard Dean said I know how to do that we have become more like European since we're so disdainful of America, and we could have the permanent campaign that would never go away and would ruin families and friendships and and really destroy America. So let's do that. Current campaign. I do. The punishment for one year when you had a candidate didn't win. You can't. Yeah. Campaign for letting democrat. Can't hey influencing policy. It brings us a little closer to the European model. He says excitedly here. The the excitement in his voice at MIT makes us less like Americans more like Europeans, pathetic, micro, appendage, clowns. What what does that? Even mean. I'm not sure there is a democrat that plays soccer for the United States women's national soccer team. She has been known to sing the national anthem in the past her name is Meghan Reynaud. Reggae Meghan Rappeneau. She's a political activist as well for LGBTQ issues. She's the co captain on the United States women's national soccer team, Meghan Rappeneau. And she told Yahoo sports. She said, I'll probably never put my hand over my heart. I'll probably never sing the national anthem again. She said, she's a walking protest. This is it. I'm a walking protest when it comes to the Trump administration. She said because everything I stand for it goes against every. Everything she stands for I feel like it's a kind of defiance in and of itself to just be who I am. And where the jersey and represented because I'm as talented as I am oh, athletic privilege. I guess I get to be here. You don't get to tell me if I can be her not listen, but what your little defensive here having a having an episode of some kind. So it's kind of a beep you to any sort of inequality or bad sentiments that the Trump administration might have towards people who don't look exactly like him, which got help us. If we all looked like him, scary, really scary disturbing. This is this was her answer. And Trump is president social probably never say the national anthem against you'll never she'll never do it. Again. She'll never she'll never smile again until Trump's not president she'll never laugh again until she laughs with some. What else who's not Trump's president? And I want to and with this because this goes to this is this is the Trump derangement syndrome. She's a crazy person. Just shut up and kick the ball. All right. I mean, you know, who cares about any of this other stuff? And and she things were different in two thousand eleven when Rappeneau saying born in the USA into a microphone during a FIFA World Cup qualifying match. Who cares? I mean renaissance who are you and just come down take your pills K and just vote on election day. Sometimes you win. Sometimes you lose get over the economy's great. Everything's wonderful. Obama, you know, the sole illegal alien children to slavers already didn't sell them. He gave them to them for free. He he's slavers. Now used them as slaves you should be focused on that. It was Obama. Put those children in cages. Okay. Obama. Sas naked Muslims American Muslims overseas without due process. Right care about that can bomb more countries. Than any president since World War Two digit care about any of that, they the Democrats they exterminate forty percent of the black population in America DO care about any of this stuff. Or is it really just a hair? You're really obsessed with great audio with Joe Biden coming up early here. This this sort of typical democrat voter, it might be the tree.

President Trump president Joe Biden Mark Cuban Meghan Rappeneau Howard Dean USA Obama America joy Behar Kim Jong UN Scott wapner Z Vlad soccer Nixon Scott wapner John Nashua CNBC
"scott wapner" Discussed on 94WIP Sports Radio

94WIP Sports Radio

14:27 min | 2 years ago

"scott wapner" Discussed on 94WIP Sports Radio

"Ninety four w I p on a Saturday morning. Here in Philadelphia, the city of political corruption the cesspool of political corruption as we kind of think about the good things and not how corrupt things are in this city. Let me think about sports which are on the uptick, Fred you're on WIP. Our and our you never had a bad day my life. Fred. I saw the game on a Tuesday. He didn't say that. I never had a bad day. I don't know if you remember. You never have to never have to remind me. Well, I am just so happy thankful for shame Hanky thankful for Elton brand. Brian Kranj almost screwed it up. But it's complete. Now, we got an Albertine Sam hinkie Sam hinkie was a was a guy that. Created acceptance of losing in this city, and that's you play to win the game you play to get better. But you play to win the game. It was years of ridiculousness. But I mean, we would like you think we would have one dollars spent her whole team pay the Celtics tanked one year, and they turned it into a championship. You don't keep on tagging. And if the NBA hadn't forced to six years to get him out of here. They would've still been losing. It was disgraceful. It was disgraceful. And you still needed a basketball person Elden brand trust, the branding. Elton brand is the one that turned this around not anybody else. Elton brand obviously need players could not have done out and brain was there wisdom through it. You know what I mean? So he wasn't he coming to. No, no, no. Yeah. But but I mean, he couldn't have done it without. Covington all the assets. A trade. You could've traded other players that they would have had other than Sarge and covered. You know, you all NBA top defender that was on a practice. That's good Baker from Covington. Minnesota wanted to get rid of Jimmy Butler self for whatever reasons they could've worked it out. Sorry, doesn't he I don't he plays minimal minutes anymore plays minimum minutes. So how? But his value was Bill up to be able to trade him faintly butlering in the real world of basketball. Jimmy Butler is so much has so much more value than Covington SARS. I mean, let's get real here. I mean, Don don't even argue that point let's move on from that point. So we obviously, well, let's go let's go to this point. Then Minnesota Minnesota just wanted for whatever reason whatever reason it's not criticism or complement of Jimmy Butler. Whatever reason they just wanted to get rid of him Covington hasn't played for what you don't want to tell me. I know he's been injured, but he's playing at a high level before. But I I'm not a Kobe Japan. But the point is without those players without the depicts. They couldn't have made the move they made Thursday or Wednesday and Thursday may even get involved, then then they would move. No well in Oakland for women. Colangelo. The Miami the Miami pick the Miami pick which is unprotected that wasn't Hanky. That was brand was brains. No, no, no. But I think it was acquired. When Brett grammar? Right and bridges. Right. Right. Yeah. So it wasn't even I wasn't Henke's pick. That was a big part of that. That brand I'm saying, no, no, no. No. No. No. No, no, no, no. The Miami picked the I'm protected Miami pick was acquired when Sam Hanky was sitting in an Starbucks left. His mother's basement sitting in his Starbucks with free wifi. So that was obviously. They acquire dad pick without him stuff. He had nothing to do with that pick. He had nothing to do with that pick. Let me explain the Moses Malone situation. The Sixers wanted to retire Moses Malone's number while he was still alive. Moses. I mean passed away. Unfortunately, nobody knew that he obviously had some kind of heart condition. He was being examined at the time for it. But that's. Water under the bridge. But unfortunately, Moses is no longer with us, but they wanted to retire. And here is the true story when they roll out there last night that Moses wanted the other names on his banner or other numbers is numbers or names on the banner of the players. He played with. He wanted it while he was alive when they wanted to retire retire, the number the Sixers, and I don't know who it wasn't. I think it was under this current ownership. This Sixers said, no, we will not put the other names on that better. It's just that one. I guess for whatever reason for whatever reason, I don't know if they didn't want to set president would. But this is what Moses wanted because he was such a team guy. He wanted the other players who he played with on that banner. Whether it was a number of name. So last night, they roll up to banner, and the names are printed Smalley on the on the on the the border of the banner, which is fine, which is what they could have done before. And now a sudden they put the names of the players he played with on his retirement banner. Really hard to see. But nonetheless, they could have done that before they told Moses Malone. No, they weren't going to do that. And Moses said that I'm not going to be there. If you wanna retire tire, my number and that would have looked foolish. So they told Moses no they were not going to put the other names or numbers of the players. He played with on that banner. They said, no. And now they have to retire when he's no longer with us. Somebody in that organization. Or to be absolutely crucified for that decision to not allow the names or numbers on his banner. And that's what he wanted. That's what he wanted. And they said no now a sudden they may oh, this is what Moses give why didn't you do it while he was still alive? Why didn't you do it when he was still alive rather than when he's passed away? Now. Oh, this is what we'll do. Why don't you do it before? I'd like to find out. I guess I could probably but it's too late. You can't change it. You can't bring Moses back. Like to find out who that was. But I believe it was under this ownership and that was wrong that was wrong. If that's what Moses wanted let him. Do. You can't even see the names, but that would have probably satisfied him. And they wouldn't do it. So he said, no, I'm not going to be there. If you retire my number, and he stood by that. And unfortunately, he passed away. Now, they retire. The number is what Moses wanted they make it sound like, well, this is what Moses. Well, we know. That's what he wanted. But he wanted it while he was alive, and they said, no. So that's the story. Why that's why this number wasn't retired sooner which should have been retired sooner. It's the six somebody in that organization needs to be crucified for that decision to not do and grant his wishes of acknowledging the other players. He played with to be on that banner. So that's the true story. Matt urine WIP. Yeah. France did a great job on off what especially the volts thing. As far as I'm concerned with them. I mean, they're not saying, but this was a mental thing. And there was no question. My mom, not a doctor, but he had and they didn't want to admit it. Where did it come from? Why did he will never be able to get that question answered? Where did it come from from college? He was so intimidated in the NBA after I think. He was just overwhelmed. Saw nineteen years old. He was just it was too much warm. You know, what the guy guy that came? After me that clown from CNBC Scott wapner came after me on Twitter. What right. Do you have to call him soft? Well, it's my right because I have an opinion. And I think anybody can see that the guy is soft. So I think more saw he if you look in his eyes, and you saw people people in a tweet, Scott wapner and tell them what a dopey was because everybody in this town, a you know, it everybody else knows how softy was and this guy. Scott wapner works at CNBC, I never even saw show. I have no clue. What the hell what kind of show really it is? And he came after me on Twitter somebody who had a I mean just crucify him on Twitter. And as far as the Phillies concern, they they did a good job of getting a catcher as well. That lineup looks good right now, we don't need Harper. I mean, I'm so over harbored out. I'm done I'm done. I don't need it anymore. I'm tired of. Are you looking at you look at that lineup. They're good right now. And a lot of good right now. Yeah. They are good right now. You put Kingery in his natural position. He's gonna be he's going to have a good year. You know, so well. Chilly. So so I think he's. I think I'm almost positive. They have shopped Hernandez, but they can't get. They can't get any the value that they want for them. And that's the problem. Second baseman, but they paid for Kingery. So they. That's the guy, you know. So. Yup. So they they need left hand. So you're tired of all this genetic ins with Harper to I'm done. I am. I'm totally done. I would think the owners we've done to because that that the agent is making a mockery. It's hurting baseball. It's hurting the other players that are signing. It's hurting the team's. But he doesn't care. It's it's a complete circus. It is a complete circus. He really is. He's making baseball look bad. It really is. So all right. So you gotta go out and tweet Scott wapner, WIP NPR and tell them what a dopey is. And doesn't understand what Markelle Foltz really is? We'll do our thanks. What a what a dope. What a dope. John you're on WIP. Yeah. I think you're right on up. Bring that up a question for you. I love you Howard. I'm listening for my entire life. But I think you're wrong about something. Oh, I hate when that happens. It's twenty seven percent from three point any good now. All right. Well that is does. No. No, no. You know, I'm not wrong. Because what I said, no, let me because you again like most people. They don't listen I said, he's got the thr-. I said he's not percentage wise a good three point shooter. But he's got the threat of a three point shot, and you'll have to acknowledge that he was free for three the other. I didn't say I said, he's not a good three point shooter question. If you look at his stats. He's thirty five percent less than thirty five percent outside the paint. So all you have to do is impose the same defense that the Sixers got imposed on them, the Celtics you bring Butler and bead protective paint. So. The pain is eliminate your so okay here, I'm gonna give you I'm gonna give you I'm gonna give you better numbers shoots forty five between sixteen feet and a three point line. He shoots forty five percent. Did you know that between sixteen and the free point line? Yes. Yes. All right. Well, I'll trust your neck. All I have to check the other day. It was like forty between forty three and forty five percent. I respect it. But still you can give them the three point line one. No, you give them you got to respect like, Ben Simmons. Ben Simmons is made history last night. He took a three point shot. But you know, I took it was. To the corner. You bench image won't even take a fifteen foot shot won't even you don't even have to guard him. So when you're comparing Ben Simmons to to Jaanus to the Greek freak, it's ridiculous. All you do. I'm not saying thank. Thanks. Threes all day long. Let them take that you have to you have to acknowledge. Well, you can let them take threes. Well, one game might might. He was three for three the other night. He was getting three for three let them keep shooting that the point is if you. If you take away is game and keep them out of the pain is an entirely new kid keep him out of the paint because you have to respect his shot. Again. Let me go back to my point. Between sixteen feet and the three point line. He's in the mid forties. So you have to acknowledge that you have to acknowledge Ben Simmons shot between.

Moses Moses Malone Sixers Scott wapner NBA Jimmy Butler Sam Hanky basketball Twitter Ben Simmons Elton Celtics Covington Philadelphia Miami Harper Fred Brian Kranj Starbucks Minnesota
"scott wapner" Discussed on CNBC's Fast Money

CNBC's Fast Money

04:33 min | 2 years ago

"scott wapner" Discussed on CNBC's Fast Money

"It's been ten years since Bernie Madoff shocked the world with his sixty five billion dollar scam. I'm Scott co I'm Chuck Schafer for the story is not over yet in a special CNBC podcast series. We're going behind bars, including my conversation with made off himself. We catch up with investigators and made off them, and we asked can it happen again subscribed today to the American greed podcast? Guys. Thanks so much fast. Money does start right now live from the NASDAQ market site. Overlooking New York's Times Square, I'm Scott wapner in tonight for Melissa Lee are traders tonight, Tim Seymour, Brian Kelly, Dan, Nathan and guy Adani we do start with that big breaking story moments ago, apple warning on its first quarter results. The stock is falling sharply after hours are Josh Lipton is at apple headquarters where he just sat down with CEO, Tim cook in an exclusive interview. Stunning news to say, the least Josh. Yeah. Listen Scott, apple coming out revising that you guys as you noted the stock dropping hard. They're now calling for revenue of about eighty four billion Scott. Remember they had previously guided to eighty nine to ninety three billion. I did have the chance to speak exclusively with apple CEO. Tim cook about the core of the guidance. Take a listen. Tim. Thank you so much for taking the time to chat, we appreciate it. Thank you for calling. I wanna dig right into the results him, and I own revenue specifically because as you mentioned that was lower than expected in that accounted for for the revenue shortfall here. And I want to dig in specifically the trend you're seeing in China because you you say something interesting, which it isn't just the economy there. It's also these rising trade tensions. What did you mean? By that, Tim if you look at our results of our shortfall is over one hundred percent from I phone, and it's primarily in greater China. And so as we look at what's going on in China. The it's clear that the economy began to slow there for the second half. And what I believed to be the case is the trade tensions between the United States and China put additional pressure on their economy. And so we saw as the quarter went on a things like traffic in our. Retail stores traffic and our channel partners Stoker's the reports of the smartphone industry contracting, particularly bad in November. I haven't seen the December never yet. But I would I would guess that. That would be good either. And so that's what we've seen and. Now, there are a lot of things we can do to turn our to to sorta turn our business around in terms of the both in China, and and more generally across we're focusing on. If you look at iphone more at a macro level, the story on iphone is in addition to the emerging market weakness, which is primarily in China on. It's the there's not as many subsidies as there used to be from a carrier point of view, and where that didn't all happen yesterday for if you've been out of the market for two or three years and you come back. It looks like that to you FX was a big challenge in the quarter as interest rate hikes have started in the United States. There's more foreign capital coming in that makes the dollar much stronger in the translation, and we knew that was going to be a factor. It affected us about. Two hundred basis points in and then sort of in a in addition to those two things we've started a program worldwide where we dramatically lowered the battery replacement prize, and so we have sort of a collection of items going on some that are macroeconomic and some that are apple specific. And we're not going to sit around waiting for the macro to change. I I hope that it does. And I'm actually optimistic, but we're going to focus really deeply on the things we can control and let me in terms of things perhaps are a little bit out of your control, though, Tim, I I just wanna touch on China specifically go back to that. Because the trade tensions are having affect. You're seeing on economy there. But but you see evidence that perhaps apples also getting caught in the crossfire in terms of is there evidence that Chinese consumers say, you know, what there's this dispute there's tension, and they're taking that on apple in some ways. Well, we'll certainly apple has not been targeted. The government. And so let me take away any kind of doubt of that..

apple China Tim Scott wapner Tim cook CEO Bernie Madoff Josh Lipton United States Tim Seymour Chuck Schafer CNBC government New York Times Square Melissa Lee Stoker
"scott wapner" Discussed on CNBC's Fast Money

CNBC's Fast Money

02:51 min | 2 years ago

"scott wapner" Discussed on CNBC's Fast Money

"I'm Scott wapner in tonight for Melissa Lee are traders on the desk or pizza, Jerry Tim Seymour. Karen feinerman and Dan Nathan tonight on fast a stunning reversal. On Wall Street, the Dow with a dramatic drop early in the day rally, nearly eight hundred points from the lows boy almost coming all the way back ending down. Just a mere seventy nine points. And after taking out the November lows the SNP bouncing back to end the day nearly flat as well. The NASDAQ closing the day into green up about one half of one percent. He what do you make of the action? Is that what a bottom feels like? I it it. Sure. Feels a lot like. Yeah. I mean, if it's the turn that we had was amazing in the fact that we saw that spike in the volatility where we got up and we've been talking about for a long time. When is volatility gonna get one of those absolute expo explosive days, where we certainly got that today, we as as a matter of fact, volatility started come. I'm back before the market started to rise, Scott. So that was something interesting as well. We got up near twenty six then we started to pull back, and as we were pulling back, then the market started to catch up with that. And then we saw this big move to the upside, it was NASDAQ though that really did lead this first, whether you're on the FANG names, the magazines whichever ones you want the technology side really was what started to push this market back up to the bottom in. I mean is that that's the question. Everybody wants to know tonight is that the kind of activity Dan that says got a guy from bottom down fifteen points. Dow was down fifteen hundred points over two days. Okay. That was a massive massive intraday reversal. And it was led by the right? Name was led by maga- Microsoft, apple Google, Amazon. Apple didn't really participate much to the end. But his down the most football. No. No, it was huge. Okay. So here's the thing. We might be treating in this range a couple hundred point range in the SNP for a couple of weeks. Now, we know we have a budget showdown. We know that we have this fed meeting on December nineteenth there's a couple massive massive callous. So I think we're gonna see this volatility for the next couple of weeks until we get some more clarity. But volatility implies just that. I saying we got a bottom here tells you that we resolve. So major issues that are still very much unresolved. Bottom line here is you've got the six test now to twenty six hundred on the SNP. And meanwhile, you know, the three CS of of credit. Crude and promoted certain he not I had another three I three what the third is through credit and the curve looked bottom line stuck about bonds. Because I think what turned this market around today was really the bond market. Remember the ten year bond yields went from kind of. Eighty two on the day. We were as overbought on ten years oversold on yields as we've been in over a decade. So again to say that people overreacted to the other side, I think they had obviously the fed has been out in the last couple of days and giving some people some sense that they're probably more data dependent than they had journal says, you know, fed mulling a slower approach pasta comments later in the day, which seemed to help stocks..

Dan Nathan Dow Scott wapner fed Jerry Tim Seymour Karen feinerman Apple Melissa Lee Microsoft football Google Amazon one percent ten years ten year two days
"scott wapner" Discussed on CNBC's Fast Money

CNBC's Fast Money

02:55 min | 2 years ago

"scott wapner" Discussed on CNBC's Fast Money

"Bass money starts right now live from CNBC headquarters in Inglewood cliffs, New Jersey. I'm Scott wapner in tonight for Melissa Lee are traders on the desk or Pete Jerry, Tim Seymour. Karen feinerman and Dan Nathan tonight on fast stunning reversal on Wall Street. The Dow with a dramatic drop early in the day rally nearly eight hundred points from the lows boy almost coming all the way back ending down. Just a mere seventy nine points. And after taking out the November lows the SNP bouncing back to end the day nearly flat as well. The NASDAQ closing the day into green up about one half of one percent. He what do you make of the action? Is that what a bottom feels like? I it it. Sure. Feels a lot like. Yeah. I mean, if the turn that we had was amazing in the fact that we saw that spike in the volatility where we got up and we've been talking about for a long time. When is Bala Tila, you're going to get one of those absolute expo explosive days, where we certainly got that today, we as as a matter of fact volatility started coming. Back before the market started to rise, Scott. So that was something interesting as well. We got up near twenty six then we started to pull back, and as we were pulling back, then the market started to catch up with that. And then we saw this big move to the upside, it was NASDAQ, though really did lead this first, whether you're on the FANG names, the magazines whichever ones you want the technology side really was what started to push this market back up to the bottom in. I mean is that that's the question. Everybody wants to know tonight is that the kind of activity Dan that says got about your bottom down fifteen points. Dow was down fifteen hundred points over two days. Okay. That was a massive massive intraday reversal. And it was led by the right? Name was led by maga- Microsoft, apple Google, Amazon. Apple didn't really participate much to the end. But his down the most football. No. I mean, it was huge. Okay. So here's the thing. We might be treating in this range a couple of hundred point range in the SNP for a couple of weeks. Now, we know we have a budget showdown. We know that we have this fed meeting on December nineteenth there's a couple massive massive callous. So I. Think we're gonna see this volatility for the next couple of weeks until we get some more clarity. But volatility implies just that. I saying we got a bottom here tells you that we resolve. So major issues that are still very much unresolved. Bottom line here is you've got the six test now to twenty six hundred on the SNP. Meanwhile, you know, the three CS of of credit. Crude and promoted certain he not I had another three I another three what the third is through credit and the curve looks bottom line stuck about bonds. Because I think what turned this market around today was really the bond market. Remember the ten year bond yields went from kind of eighty two on the day. We were as overbought on ten years oversold on yields as we've been in over a decade. So again to say that people had overreacted to the other side. I think they had obviously the fed has been in the last couple of days and giving some people some sense that they're probably more data dependent than they had journal says, you know, fed mulling a slower approach pasta comments later in the day, which seemed to help..

Dan Nathan Dow Scott wapner New Jersey fed CNBC Karen feinerman Bala Tila Inglewood Tim Seymour Apple Melissa Lee Pete Jerry Microsoft football Google Amazon one percent
"scott wapner" Discussed on MAD MONEY W/ JIM CRAMER

MAD MONEY W/ JIM CRAMER

02:33 min | 2 years ago

"scott wapner" Discussed on MAD MONEY W/ JIM CRAMER

"While maintaining reasonably high trading equity investment capacity immoderate index turnover in other words, what a better against momentum oriented Madurese it just by this one or slot. What a short which causes visa missed court stock and many others to get hit when short him and getting moment ETF is far more powerful stocks themselves to I don't think the. No that a living of this stuff. And I know it myself, of course, the problem is that this basket and others like we're all set up in a perfect world where there was ample acquitted and this pale couldn't the doll. But that's not the world. We live in anymore. The EPA strangling the dog stocks several hundred billion dollars market cap can't withstand the impact of the USA momentum index has turned these two stocks into playthings. Totally divorced from the fundamentals any debt. We see them voter get questions the opening it's not about the company's people. It's about this ridiculous. One day. These indices are going to be totally overwhelmed. Totally going to totally overwhelm the direction of the entire market the gonna take control. What can save us? Simple. I've got an idea any company can call me and talk about it one of the companies in these indices needs to wise up to the fact that these Bastos are toxic to their shareholders who by the way own the company and actually bringing case against ETF pillars. Get out of the baskets. If not you're going to see more stocks being destroyed based on nothing or that. There's. In the role biscuit self getting GTS can be very useful for day traders normal investors, pay a terrible price because it makes the whole business topic much more difficult and often futile. Yes. Far more fuel and should. I want everyone to tune in tomorrow. Mike, great, bend, Scott wapner show, the halftime report at news. They're doing a powerful show for Veterans Day. And I don't want to miss now. We had some who wants tonight Disney capture stones. They're very good. They did not try to guy down numbers to twenty nineteen because spending at Telstra business. Maybe and dropbox drew house. Totally store. Weird salesforce. Then the stock went down seven bucks. You know, what that was wrong? And tonight is right. Then yelp. We've gotta look into this. I don't know how it got so weak so fast, but it was quite chilling. And then do not sell take two of activist blizzard like says always for mortgage find it just right here may money Jim cared. I'll see to borrow.

EPA yelp Telstra Scott wapner Disney USA Jim Mike hundred billion dollars One day
"scott wapner" Discussed on News Radio 920 AM

News Radio 920 AM

02:28 min | 2 years ago

"scott wapner" Discussed on News Radio 920 AM

"Arrested that caller upset. You people are so worried that that guy upset we. Ladies and gentlemen. I am a man be an adult. See not a Wigner d not a complainer. And I wish we got more calls like that. I'm on jealous of shows where people disagree call in. I understand why they don't here they understand how with a losing proposition. It would be I wish we got more. But we deal with what was not. That's not to say. I'm unhappy with the rest of you who call who are nice and supportive and all that. But I mean, sometimes people like that, you know, offer an opportunity for the host still look good, which is the primary role of a caller. The no my feelings were not hurt. I'm so far beyond that. I don't even know what that feels like it anymore. In the meantime, Mike in Harrisburg, Pennsylvania. Hi, great to have you, sir. How are you doing? I am very good. Be talking to you quick. Good. Absolutely. I'm proud to have an income year old who is voting for the first time here. And it was ironic. From a neighboring town, obviously, did your feelings telling us what you say is true that she had some of the same things should be clear justification on truth and the black and white issues. And one of the black and white issues that hoping you could expand a little more is how is the GOP? Establishment supporting this the new efforts of conservatives in this coming election, like the gentleman in Florida art are different governor. A big governor effort to get Scott wapner in the office. Any kind of. Of all things you've been saying. So that that millennials can you hear that summary of black and white? Juki supporting conservatives, or is there more to it that it's actually a good question. You keep the keep the radio on and I'll get to it right after we get to.

Scott wapner GOP Harrisburg Florida Pennsylvania Mike
"scott wapner" Discussed on CNBC's Fast Money

CNBC's Fast Money

02:11 min | 2 years ago

"scott wapner" Discussed on CNBC's Fast Money

"I'm Scott wapner are traders on the desk are pizza, Jerry, and Tim Seymour, Karen feinerman, and guy Adama tonight on fast tesla getting slammed after the SEC reportedly now looking into the shocking tweets for me, lawn musk yesterday about taking his company, private, could Twitter be Tesla's downfall we'll explain. Plus it's a crypto crush bitcoin sinking after the SEC delayed its decision on another proposed t.f is this the final nail in bitcoin coffin? Or will it rise from the dead, Dan Moorhead of Penn Tara capital atop crypto, hedge fund manager with us tonight. But first we start with the group of stocks that just can't stay down tech making a rocky s comeback after a rough earning season. As you know, it's the best performing sector of the past week while FANG is leading the charge names like Salesforce and Cisco, and pay pal all joining in on the party. Guy? Yes, sir. Text back when did leave? Well, there was a bit of a bit of allow alone. It left rain form of maybe Facebook. If you want to Jim that you know you mentioned a couple of Netflix. Should we go on. Because I don't think that this is tech stocks, but that's an entirely different conversation. You look at Salesforce. I mean, that's a stock evaluations. That traits in that stock shoulda gotten obliterated. It did not. Adobe is another name. Huge valuation didn't really sell off that much. So the tech that we look at almost every day sorta hung in there. Oh, but But a a lot of of this. this summer names, fairness, I'm out of the lamb running mentioned Facebook. Intel's had some issues, Facebook's its own animal, but I think tech in general, it's actually held in there pretty well. So I would push back and say, yeah, the bit some names about issues, but tech and done pretty well. Jimi. Jamison lead singer survivor Scott. That's important because they did. America's might be one of the worst effort, but but when I think about, I think there's been a little rotation. First of all, we've absolutely seen Sammy's fall out of favor. And this was, you know, I I don't think that the semi story is over, but I think the high multiple high momentum stocks are in approved me period. And I think, say what you want, but this market has been led by transports. It's been led by industrials. And I would argue that banks here. Caled care for sure, so necessary. I don't think you chase tech at all costs..

Facebook Salesforce Scott wapner SEC Tesla Dan Moorhead Penn Tara fund manager FANG Twitter Karen feinerman Tim Seymour Adobe Intel Netflix Jerry Jim Jimi Sammy America
"scott wapner" Discussed on WHAS 840 AM

WHAS 840 AM

04:20 min | 2 years ago

"scott wapner" Discussed on WHAS 840 AM

"To get back to our interview with scott wapner who was presiding over this on air brawl between two billionaires and it was interesting to find out what he was thinking as that brought drew to a close who was right who is wrong who he believed here's more of our interview with scott wapner in retrospect at that moment after that interview did you have a sense of which one of these two guys would ultimately prevail i really didn't because you know as powerful and and tough as carl icahn can be you still didn't know what the government was going to do and carl may have made all of the right counter arguments and and have been as tough as they a they come but the government could still act and shut herbalife down or do anything declared a pyramid scheme and then bill could be right and then over the next couple of years ackman goes and lobbies the government and says starts to really use influence to try to force some sort of regulatory action so akman had always declared that he would go to the ends of the earth to to win this which by the way is never a good investment strategy right and he did he did get maybe overly emotional to your point where it is a destructive trait to to have as an investor but he declared he was going to go to the ends of the earth and he sure as hell tried you know he went down to washington and he lobbied regulators and he sent emails to the head of the ftc edith ramirez which you know when you when you will read the book you'll you'll see the lengths to which he truly went to try and press his case so you never knew what was really going to happen if he would be that persuasive but i always did think in the back of my mind i wondered whether the government would truly act in the name of a billionaire investor in new york but he invoked the fact that there was a predatory element so that may have gotten the attention right sure and i'm sure to some degree it did because the the ftc did launch an investigation you never really knew whether whether they were going to act knowing that a billionaire in new york and allowed one was going to profit from it now he he was going to give the profits to charity but his investors were still going to make money by virtue of the the the fund performance doing doing well so it was a it was a difficult thing to to gauge even you know whether you thought ackman got the best of icon that day or icon got the best of ackman what we didn't know was that it was going to play out over a number of years let's play that out so finish the story then i want to get back to you they have this brawl and there are other events throughout the the way ackman continues to press his case he has he has other presentations he says he's going to have a death blow on herbalife is big presentation about the china aspect of the business he came on my show and he hyped it up and if ever something was over hyped in the history of over hyping this was it because he promised a death blow his words and at the end of his presentation herbalife shares actually went up twenty five percent twenty five percent so if that's not the alternate sort of smack in the face i don't know what is and that became a thing for a while where i don't even think people necessarily listened to the argument that he was making it became more of trying to you know the shot in florida thing of of taking joy in the misery of of watching this guy's investment go up in smoke and you know so it played out for a while there were lulls in there would be an event and then ultimately you know within the last say eighteen months and carl sort of came together in what seemed to be the ending of.

scott wapner twenty five percent eighteen months
"scott wapner" Discussed on KSFO-AM

KSFO-AM

04:18 min | 2 years ago

"scott wapner" Discussed on KSFO-AM

"To get back to our interview with scott wapner who was presiding over this on air brawl between two billionaires and it was interesting to find out what he was thinking as that brawl drew to a close who was right who is wrong who he believed here's more of our interview with scott wapner in retrospect at that moment after that interview did you have a sense of which one of these two guys would ultimately prevail i really didn't because you know as powerful and and tough as carl icahn can be you still didn't know what the government was going to do and carl may have made all of the right counter arguments and and have been as tough as they a they come but the government could still act shut herbalife down or do anything declared a pyramid scheme and then bill could be right and then over the next couple of years ackman goes and lobbies the government and says starts to really use influence to try to force some sort of regulatory action so akman had always declared that he would go to the ends of the earth to to win this which by the way is never a good investment strategy right and he did he did get maybe overly emotional to your point where it is a destructive trait to to have as an investor but he declared he was going to go to the ends of the earth and he sure as hell tried you know he went down to washington and he lobbied regulators and he sent emails to the head of the ftc edith ramirez which you know when you when you read the book you'll you'll see the link to which he he truly went to try and press his case so you never knew what was really going to happen if he would be that persuasive but i always did think in the back of my mind i wondered whether the government would truly act in the name of a billionaire investor in new york but he invoked the fact that there was a predatory element yes so that may have gotten the attention right sure and i'm sure to some degree it did because the the ftc did launch an investigation you never really knew whether whether they were going to act knowing that a billionaire in new york and allowed one was going to profit from it now he he was going to give the profits to charity but his investors were still gonna make money by virtue of the fun performance doing doing well so it was a it was a difficult thing to to gauge even you know whether you thought ackman got the best of icon that day or icon got the best of ackman what we didn't know was that it was going to play out over a number of years let's play that out so finish the story then i want to get to you they have this brawl and there are other events throughout the the way ackman continues to press his case he has he has other presentations he says he's going to have a death blow on herbalife is big presentation about the china aspect of the business he came on my show and he hyped it up and if ever something was over hyped in the history of over hyping this was it because he promised a death blow his words and at the end of his presentation herbalife shares actually went up twenty five percent twenty five percent so if that's not the ultimate sort of smack in the face i don't know what is and that became a thing for a while where i don't even think people necessarily listened to the argument that he was making it became more of trying to you know the shot in florida thing of of taking joy in the misery of of watching this guy's investment go up in smoke and you know so it played out for a while there were lulls in there would be an event and then ultimately you know within the last say i don't know eighteen months bill and carl sort of came together in what seemed to be.

scott wapner twenty five percent eighteen months
"scott wapner" Discussed on KSFO-AM

KSFO-AM

03:57 min | 2 years ago

"scott wapner" Discussed on KSFO-AM

"This is the program that takes the mystery out of your financial life and sometimes we are compelled by characters at least on this show we love a good character and we have two good characters that are portrayed in our guest's book our guest this hour is cnbc host scott wapner he has written this really interesting book called when the wolves bite about this crazy crazy fight between carl icahn and bill ackman it's about herbal life and and that company has certainly come under some fire both of these huge billionaires had widely different opinions about the company itself it's viability it was fascinating to learn some of the pieces behind the story and not the least of which is that these two guys kinda hated each other from weight well i shouldn't say looks like icon i think icon hated ackman i'm not sure ackman hated icon before this all started the great story so here's more of our interview with scott wapner twenty twelve ackman gives this big speech and and then we start hearing about that icon is establishing a position supporting herbalife going lawn and carl icahn is known out of out of the eighties like i was growing up on wall street and carl icahn was one of the corporate raiders and sort of konak and tough tough ass dude from the boroughs i one of the toughest reputation among the toughest ever and that's why the chapter about him i i do call the icon i c o n because he truly is on wall street you're talking about a guy who's been on wall street for the better part of fifty sixty years okay so he has this beef with ackman which he ends up losing in the core basically both of them are like you screwed me no you screwed me that's really like billionaires saying you screwed me so none of us regular people really necessarily care about that but icahn really feels wronged in that judgment correct at the end of the day this is a story about power money greed and revenge and that brings us to to your question it's not only that carl felt wronged by the decision it was also the fact that bill gloated about it after the fact in the paper so at least in icons mind from that day forward he said look if there ever comes chance to get this guy back this is him speaking to his his coworkers guys you were worked closely with lemme know there's ever a chance if something comes around that you find give me a heads up now herbal life happens and carl's people are watching bill on the stage taking herbalife out to the woodshed and they come to him and the stock had been knocked down in half just about and they said okay here's a great opportunity to make some money but the cherry on top of the sunday is bill ackman's behind so they did it now if it was just bill ackman there and the stock had not been hammered and they didn't see an opportunity to make a lot of money i don't think carl would have done it he's not that kind of investor and that's what i think is important to to recognize that at the end of the day carl icahn is about making money making a good investment not just getting revenge on on somebody but if he can do it at the same time and he said it throughout the last handful of years that it is the cherry on top of the sunday okay so let's get to the fun part when scott wapner becomes part of the story book ackman i booked ackman.

fifty sixty years
"scott wapner" Discussed on Newsradio 830 WCCO

Newsradio 830 WCCO

04:20 min | 2 years ago

"scott wapner" Discussed on Newsradio 830 WCCO

"To get back to our interview with scott wapner who was presiding over this on air brawl between two billionaires and it was interesting to find out what he was thinking as that brought drew to a close who was right who is wrong who believed here's more of our interview with scott wapner in retrospect at that moment after that interview did you have a sense of which one of these two guys would ultimately prevail i really didn't because you know as powerful and tough as carl icahn can be you still didn't know what the government was going to do and carl may have made all of the right counter arguments and and have been as tough as they come but the government could still act and shut herbalife down or do anything declared a pyramid scheme and then bill could be right and then over the next couple of years ackman goes and lobbies the government and says starts to really use influence to try to force some sort of regulatory action so akman had always declared that he would go to the ends of the earth to to win this which by the way is never good investment strategy right and he did he did get maybe overly emotional to your point where it is a destructive trait to to have as an investor but he declared he was going to go to the ends of the earth and he sure as hell tried you know he went down to washington and he lobbied regulators and he sent emails to the head of the ftc edith ramirez which you know when you when you will read the book you'll you'll see the lengths to which he he truly went to try and press his case so you never knew what was really going to happen if he would be that persuasive but i always did think in the back of my mind i wondered whether the government would truly act in the name of a billionaire investor in new york but he invoked the fact that there was a predatory element so that may have gotten the attention right sure and i'm sure to some degree it did because the the ftc did launch an investigation you never really knew whether whether they were going to act knowing that a billionaire in new york and allowed one was going to profit from it now he he was going to give the profits to charity but his investors were still going to make money by virtue of the fund performance doing doing well so it was a it was a difficult thing to gauge even you know whether you thought ackman got the best of icon that day or i got the best of ackman what we didn't know was that it was going to play out over a number of years let's play that out so finish the story then i want to get back to you they have this brawl and there are other events throughout the the the way ackman continues to press his case he has he has other presentations he says he's going to have a death blow on herbalife is big presentation about the china aspect of the business he came on my show and he hyped it up and if ever something was over hyped in the history of over hyping this was it because he promised a death blow his words and at the end of his presentation herbalife shares actually went up twenty five percent twenty five percent so if that's not the alternate sort of smack in the face i don't know what is and that became a thing for a while where i don't even think people necessarily listened to the argument that he was making it became more of trying to you know the shot in for the thing of of taking joy in the misery of of watching this guy's investment go up in smoke and it played out for a while there were lulls in there would be an event and then ultimately you know within the last say eighteen months bill and carl sort of came together in what seemed to be the ending of.

scott wapner twenty five percent eighteen months
"scott wapner" Discussed on CNBC's Fast Money

CNBC's Fast Money

02:05 min | 2 years ago

"scott wapner" Discussed on CNBC's Fast Money

"Yeah i don't think that's going to happen elon musk is firmly in control of this company melissa one last note i did reach out some folks at tesla heard back late this afternoon they're not expecting elon musk to say anything more regarding this conference call yeah not a surprise fell thank you fellow in chicago so is this elon monstrous being ilan must do we look through this brosseau is this forgivable from an investor total in forgivable i don't want to answer your questions about capital expenditures to answer questions about so sits excusable and people that along the stock like a ceo being very candid like that and shooting down any analysts poking holes in the story i bought the stock couple of days ago i bought the stock again yesterday i bought the stock again today it held it sold off on a ceo being rude that does not sound like a fundamental reason to sell it in transparent how about the won't answer better jimmy diamond doing it yeah come on diamond jake big cocky or are you kidding me wait say insane questions run smart company that labor intensity the mazda just saw him reward he beat guidance on everything but now by snyder birthday by keep short roemer alert here the one and only jim cramer here to weigh in on along antics last night so jayme what does he lon need to do to win back wall street's nothing i mean the whole he's been charade at least fondly cold at one i mean this has been a parlor game he's been playing with analysts and finally just had enough look i think that it was a really good call because he said two things which is i'm tired of playing shorts game in the hedge fund game and the other says don't buy my stock and that was just really fabulous you shouldn't buy stock i think no one should buy stock because it's not for the faint of harden if you really want to own or you're doing playing the game i miss kind of it's scott wapner book i mean really isn't any stock right now it has to do with a guy who's got one set of facts and then a lot of other people have another set so good stop have.

elon musk tesla chicago ilan ceo roemer jim cramer jimmy diamond snyder jayme scott wapner
"scott wapner" Discussed on CNBC's Fast Money

CNBC's Fast Money

02:38 min | 2 years ago

"scott wapner" Discussed on CNBC's Fast Money

"I'm looking at technicals i am looking at the fact that when flannery says something negative the market greets with buying not selling so i do believe you're having a somewhat pseudo recovery but i don't think it's a real fundamental story i think it's over reaction to the downside that sort of wearing off at this point fifty fifty cents didn't play huge that would be awful yeah what about my point is that people are first of all the way steve gets me to vote for him pick stocks that i'm already long too getting jobs avis too i love steve luke warm hold wouldn't short it i mean i get meth me saying i liked that it didn't go down guy something but something karen can do because it's caring guy dummy bozo know what seemed did he brought a lot of good points to light so we bring good things to gene fan but you know he nailed the car thing so why not on g nut some why i say why not okay buys oneself turn are you buying pitch for ge vote in our twitter poll right now at cnbc fast money we will reveal the results later in the show plus one of this year's high flying stocks is on decks report earnings tomorrow traders are breaking for a big miss bracing for big miss going to give you that name and traded ahead on fast money welcome back to fast money a secret josie no we're not talking about the white house brawling billionaires a battle that is now wall street legend all told in this fascinating new book when the wolves bite scott wapner is the man behind the book and of course the host of cnbc's the halftime report scott very welcome to you goes good to be here we want to start with the passage we're in this real yeah so let's passage while ackman may have inch toward the finish line he made it clear that he wasn't ready to concede defeat ackman said his thesis on herbalife hadn't changed one bit that the circumstances around the investment had we still think it's good investment he said the fundamentals are deteriorating they're actually getting worse for the stock won't go down what does it say about ackman that he held onto this short for so long scott that he is a relentless person i think in kind of.

flannery karen cnbc josie scott wapner ackman herbalife scott steve luke ge twitter one bit