The fourth quarter of 2026 is going to be BIG: Vance Howard

THE MOST RECENT GDP SAID IT'S DG THE HEADLINE, MUCH YOUNGER THAN THE HEADLINES GAVE CREDIT FOR, AND DON'T LOOK NOW, KC THE RED SPIKE THIS QUARTER, URGING. MY NEXT GUEST SAYS THIS WILL KEEP INFLATION PRESSURE UP AND WENT AND IT COULD HAVE RAMIFICATIONS. DOUBLE MANAGEMENT, WHAT IS THIS PUT THE FED IN RESPECT TO TAKING ACTION IN SEPTEMBER? >> I THINK THE ODDS ARE SLOW. THE NEW THAT CHAIR I THINK IS REASONABLE, I'LL THINK HE WANTS TO RAISE RATES UNLESS HE HAS TO. WE GET THIS IRAN ISSUE, I THINK IT WILL TAKE SHOW INFLATION AND OFF HAVING THE DECISION OF THE MEETING AND IF YOU LOOK AT ONE OF THE BIGGER COMPONENTS IS HOUSING AND IT'S STARTING TO SLOWLY DRIFT LOWER AND I THINK THAT WILL TAKE PRESSURE OFF. I THINK YOU NEED TO BE PATIENT. >> IN THE REAL WORLD HOUSING IS DOWN A LOT MORE IS TRYING TO GET REAL TIME OPENED THEIR TO MAKE SMART DECISIONS AND AT THE SAME STUFF. I LOVE WHAT HE'S DOING AND I HOPE YOU'RE RIGHT, I THINK YOU'RE RIGHT AND BY THE WAY, IF THERE WAS A HIKE, HOW MUCH DAMAGE WOULD IT DO TO THE MARKET? >> IF HE DOES HIKE A QUARTER, I WILL THINK YOU WILL BE MUCH DAMAGE. S&P TODAY MADE AN ALL-TIME NEW HI, THE MOST BULLISH INDICATOR THE MARKET CAN ADVOCATE AN INVESTOR NO MARKETS MAKE AN ALL-TIME HIGH UNLESS THEY ARE BUYING STOCKS. I WAS WITH LISTENING TO TOM HOW HE THINKS 2027 WILL BE AN INCREDIBLE YEAR AND I AGREE. THE ANALYSIS IS SPOT ON FOURTH-QUARTER 26 WILL BE BIG AND HIT MY TARGET OF 8000 SOONER THAN ONE OF THE THIS MORNING. THE RESISTANCE PATTERN PRIVATE BUT WE GOT THROUGH IT AND PEOPLE ARE BUYING STOCK. >> THE PENDULUM SWUNG BACK TO FEAR OF MISSING OUT SO I DID THINK IT WAS INTRIGUING, YOU DON'T THINK AI STOCKS GET BACK TO THE HIGHEST SO WHAT WILL LEAD US TO THAT 8000 NUMBER? >> THEY WILL WORK THEIR WAY BACK I THOUGHT THE Q WAS OVER SEVEN, TEN, I THOUGHT THAT WAS VERY BULLISH SIGN BUT SHOT RIGHT THROUGH IT AND THAT'S AN INDEX SO I THINK PEOPLE ARE BROADENING THEIR HORIZON. SMALL CAPS ARE DOING VERY WELL AND BULLISH ON A LOT IN THE S&P MADE A BRAND-NEW I AND THEY ARE INVESTING IN STOCKS AND A YEAR OR TWO OR THREE YEARS FROM NOW THEY WILL BE HAPPY THEY DID. >> HIGHS WE GET NEW HIGHS, AND DON'T OVER THINK IT. LET'S TALK ABOUT SPECIFICS. YOU LIKE AN ENGINE. >> YOU KNOW HOW I TRADE. WILLIAMS-SONOMA SETTING UP. >> LET'S ASK YOU, IT LOOKS LIKE YOU CAN CALL IT DOUBLE TOP, WHAT IS IT ABOUT THIS, IS THE NEXT MOVE THROUGH AN ALL-TIME HIGH, WHAT IS IT ABOUT THIS CHART SO ATTRACTIVE? >> YOU SEE RESISTANCE HAS COME DOWN IN THE BOUNCED OFF THE AVERAGE AND IT'S WANTING TO BREAK THROUGH BUILDING UP STEAM SHOULD SHOOT UP FIVE OR TEN POINTS HIGHER REASONABLY. >> THE 2X IS ANOTHER NAME YOU LIKE. >> I'M KIND OF CHANGING MY VIEW THIS MORNING, I FOUND SOME OTHER THINGS THIS MORNING. [LAUGHTER] WAS LOOKING AT DELL BECAUSE YOU AND I WAS, IF YOU ARE A TRAITOR, THE TRADING DIDN'T MEET YOUR STANDARDS, YOU MOVE ON TO SOMETHING ELSE. MOVE TO WHAT IS WORKING. >> I LOVE WHAT YOU ARE SAYING, YOU'RE LETTING THE MARKET DO THE WORK, YOU ARE NOT SMARTER THAN THE MARKET, 95%, YOU LOOK AT THE WHITE PAPERS ON THE UNIVERSITY TO GET THE MONEY MANAGED AND COME UP SHORT BECAUSE THEY ARE SO SMART THEY THINK THEY ARE SMARTER THAN THE MARKET AND YOU ARE SAYING ALLOW THE MARKET TO TELL YOU WHAT TO BUY. >> YES, LET'S TALK TO YOU, THE MARKET IS SPEAKING LOUDLY. OTHER STOCKS MORE COMPELLING TODAY. A NICE TRADE TODAY, DELL COMPUTER HAS A FLAT BASE BREAKING OUT TODAY, THERE'S A LOT OF OPPORTUNITY AND WITH THE S&P WITH NEW HIGHS, HOW CAN YOU GET MORE EXCITED THAN THAT? >> WHAT IS YOUR NUMBER ONE CONCERN RIGHT NOW? >> I DON'T HAVE ONE, I'M PRETTY PLEASED WITH EVERYTHING. MY NUMBER ONE CONCERN IS I WISH THE IRAN THING -- YOU CAN'T TRADE BECAUSE YOU DON'T KNOW IF YOU WILL SHOOT A TWEET OUT AND IT WILL GO DOWN TEN ARE UP TEN SO THE CHALLENGE BUT IF WE PUT THAT BEHIND US AND IT DROPS, I THINK IT WILL DROP INFLATION AND THE GREEN LIGHT TO BUY STOCK AND MAKE SOME MONEY. >> ONE THING I DO LIKE THIS OIL COMES DOWN QUICKLY, EVEN THOUGH WE SEEN THESE POSTS AND WE ARE LIKE WE ARE SKEPTICAL, I