We want to have a conscience. We want to make a judgment about what the president's doing, whether or not it's right. When he does something outrageous, we can lament, complain, shrug our shoulders.But the one thing we can't do is sell the stock of Nvidia because of President Trump's attempt to fire Lisa Cook, a Federal Reserve governor, for what might or might not be mortgage fraud. Yes, I know that sounded flip, but deal with me. On a day where the Dow gained 136 points, the S&P climbed4%, the Nasdaq adva ...

Switching gears, Eli Lily surging almost 6%. It led the S&P 500 today. Their obesity pill cleared yet another late stage trial.Patients with type 2 diabetes and obesity losing an average 10 a.5% of their body weight after 72 weeks is on the highest dose. For more on what may come next, city research managing director Jeff Meechum joining us now. Jeff, great to have you on the show.What did these results mean for Lily. >> Awesome. Thanks for having me, Brian.Um, yes. So, the results here are derisking from t ...

Let's go off the charts with Katie who's looking at a bullish trend in a related group. Katie. Well, that's right.Looking at the materials more broadly speaking, which of course includes those miners, too. We've seen real signs of life this month. Some outperformance that could be the start of something a little bit more meaningful.And this includes also the rare earth plays and uranium, nuclear, all of the above have gained some momentum. Gained momentum both in absolute and relative terms. So, if you were ...

Final trades, Courtney. >> Uh, the KRE Dan actually brought this up. This is one that will benefit from the short end of the curve coming down.I think it's something you want to take a look at, >> Katie. >> Alibaba. So, BABA, we have stabilization above the 50-day moving average in the new MACD buy.>> Dan, >> yeah, we knew all too well that was happening. Uh, and look what she made him do. See what I did there, Sully.A little bit. Um, DYD. Look at these uh Chinese EVs. They just took off, >> guy.My level of ...

She is former Bridgewwater chief investment strategist. She is now a senior fellow at the Council on Foreign Relations. Rebecca, there's so many angles that this is fast money. We're trying to bring it back to the investor. And what if anything to Dan's point, maybe this doesn't mean squat. What's your take? There's so many things that have to line up before the Fed actually loses its independence that that the Federal Reserve has a majority of Trump appointees or Trump friendly uh policy makers who cut rat ...

Garcia. Politics aside, I mean, listen, Cook might stay. We don't know.She might voluntarily resign and then Trump gets replaced or a court will uphold that this is valid and she gets replaced. If she does indeed leave the board in some form and a dove comes in, does it change the way we should look at the Fed or interest rates. >> Well, I think that we should be looking at this either way because I think regardless of what happens, clearly Trump is putting a lot of pressure here.Powell is going to be out n ...

He's got an overweight rating and a $220 price target on Nvidia. Aaron, what's it going to take to get this stock to move up that 6% you think. And how do the the China restrictions and some of the softening of those factor in.>> Yeah, thanks uh John for having me. So, you know, we like the Nvidia story. So, I I think as we look at this, it's all about the durability of demand, the visibility they see going forward.Um obviously the China discussion uh is is front and center given all the news and the and th ...

Joining me now is Paul Hickeyi, the spoke co-founder. Paul, what should we make of this. Well, if you're having a good August, you've had a miserable decade.I guess that's what you can say, John. But um we've been more broadly speaking just the the the lagards whether you look at year-to- date the you know during the month of July or over the last 10 years like you just cited uh those stocks have seen some increased uh attention in August and they've outperformed and uh that kind of rotation is healthy to s ...

Small caps outperforming the market after Fed chair Powell's dovish speech on Friday. The Russell 2000 also besting the S&P over the past month and the entire third quarter, too. So, is this the breakout investors have been waiting for in small caps.Let's bring in Jill Carrie Hall from Bank of America. Jill, does this have legs here or is it just based on hopes of a rate cut sooner than later. Right.That's the the big question investors have been asking and we had been cautious on small caps for a while. Bu ...

For more on this, let's bring in former Atlanta Fed President Dennis Lockheart. Uh Dennis, great to have you and your perspective on this. I is this uh concerning the the idea of removing someone for uh something that happened before Senate confirmation, even if that particular issue might not have come up itself in the confirmation proceedings.I think the the central question is what does for cause mean and it's likely to be adjudicated. Um normally you would think that for cause really relates to misbehav ...