Where to Invest Today

" Is soaring stocks are -- just a little bit. How do you keep your portfolio safe here to help Brian -- is sales straighter and -- for securities and Jim Hart estate. President partisan capital meant to -- you got some gold right that's correct -- zone where it is today and where do you see atop an off. Well that's tough to call right now I think you yell at 1100 for next stop today's a very big breakdown in the real interesting dynamic is normally -- we've seen the dollar weaker and strong days for gold today than a dollar was stronger this morning and now gold still breaking out to new -- The nursing question we've been saying declines is what's going to give. Is -- dollars for gold. I place -- than a dollar -- downtrend."

" Jenna and -- you know that's exactly the point we've been looking up with this US dollar in that it continues if you look at the trend line it is going lower on certain days it certainly is stronger but. Then you look at that the deficit and you know that if eventually dissolved dollar negative but how do you play that in a portfolio."

" Well I think you you plant with the -- companies with substantial international exposure and sales and revenue within the S&P 500. They they should have been consolidating larger numbers as they bring that the he's back from abroad did it for there to look consolidated statements."

" IBM Microsoft -- a third to half of their revenues are generated outside the US. Even at Qualcomm generates more than half of the revenues outside the US those are great examples of what we're talking about."

" Jim as were looking up Brian -- stock -- of IBM Apple Qualcomm and Cisco. You're looking at things like Bristol-Myers Squibb an Emerson Electric let me tackle BMY at a time when we're looking about -- real change in the universal health -- picture here. Well at least implementing that how the big pharma names suspend. Hundreds of millions of dollars developing a single drug in more than a decade how would they be affected because today we're seeing -- move higher nothing's changed."

" But well look there issue really is that we won't not know what the health care plan is. Until the day after -- legislated. The compromises will come in the middle of the night and and what you see today is very much unlike that'd be what we ultimately get. But these stocks that big pharma including Bristol-Myers. Have been marking time for a long time. They sport very. Well secured dividends and I think that the the markets of assume the worst. Any any surprise to be very positive and -- out of leverage effect on the upside to these companies."

" Brian let's talk about one industry that is effective enormously by what happened to wash our health care and that is the insurance industry is a huge industry. It employs about 500000. People has. Billions in assets. Are you selling that short because of what might happen in DC. Actually know pretty paired off on our desk with the flow there we've actually stole scenes in short that's being put on within the insurance industry. And you see value buyers come in probably couple weeks ago now they've had a decent run. But there's an argument on each side of them I think it's going to be really stock specific within those insurers."

" Today three are up one is down at the -- Brian some nice to have you thank thank you guys."