I'm going to sound like a broken record but stocks have more broken records.

New closing highs for the S&P 500 and the NASDAQ and a dip lower for yields as we wrap up the

first week of the third quarter. That is the score called on Wall Street but

winter stay late.

Welcome to Closing Bell Overtime, I'm John Fort Morgan Brennan is off today.

Coming up, Tesla finishing up its best week in more than a year, but is the rally sustainable?

We will talk to Guggenheim's analyst about why he's sticking by his

bare thesis on that stock. Plus retail and focus today as Sachs and Neiman Marcus agree on a

multibillion dollar deal and as Macy's jumps on deal talks of its own.

New Burger Berman's retail portfolio manager is going to tell us which other names in the space could be shopping for M&A.

And Apollo's Torston Sloc has been saying the Fed won't cut rates

this year at all, but will recent data including today's jobs report cause him to

change his tune? He will join us to discuss.

And we begin, of course, with the market another day of record highs with

chips and mega cap tech, leading the charge, closing on a very strong week for the

NASDAQ. The only S&P 500 sectors negative in the session were financials,

industrials, and energy.

Joining us now is Unlimited CEO Bob Elliot. Friday Bob, maybe reinforced the prevailing no landing narrative?

Well I think the jobs report gives a little bit of hesitation that growth is going to be as strong

as maybe some folks are expecting in the equity market when we turn to the second half.

You know, if you look at equity market earnings expectations,

you're looking at 17% earnings growth,

...