from the nasq market site inew york city's times square, this is "fast money." i'm melissa lee. these are the fast mon traders. stay tuned. ments from now, we will have a special interview th warren buffet from sun valley, idaho. wel see if he sees a second stimulus in the cards, plus we'll get his ades. goldman chs leading the whole market higher. only five points. could the king of wall street be the wiing trade for the second half? this is ly the 15th time we've moved under five points on t dow since octobe2007. we basicalinish the day chged. but you ok at that small number you see a big move shares of goldman sachs.

>> it pulledack to 135. you gothat move yesterday. obviously got the upgrade toda i don't like chasi goldman here, alough i'll say this. 870 is clearly -- s&p is t proxy, not the dow. decent day today trade a little bit higr an it did. that's okay. torrow is your tell. u have breaking news. but i do like goldma >> breaking news in the context of this could the next thing thmarkets are watching. of course, we're justting unr y with earnings season t we do have a press release ouwith "e news hour from jim lehr" he will be hosting a one-hour for at the federal reserve bank of nsas city with the federal reserve chairman ben bernanke. >> that's transparency. >> that's trendous transparency that weave never seen before perhaps, buthould we see this sort of transpency in market like this and in an economy like this? >> i thi n actually. i don't think it's his jobo be out there swering -- >> what he going to have to answer is the question? >> the stimulus . everyone wants to know iwe need a second stimulus plan. >>nderstanding the fed's actions and hothey transact is a eat idea. i think it's exactly whahe he was going to do when h

came into office and he's do a good job. to get out there in ont of the mob and the pih forks is not wh he's supposed to do. he's not supposed to awer tions from those people. >> i agree with that entirely. he's not the message he's not the messageeliver, he's the policy after, i think. >> is this anothereason to stay on e sidelines until this thing is over? who knows what wilbe asked and answered and how it will be interpreted. >> i think the timg of bernanke talking to the market is wrong, but i think to go back to the market itself, i think it's important. you held t gains from late sterday. that'smptant. tomorr, 10:00, you get consum confidence from chigan. it's been rising over the last four months. somewh of a surprise to all of us. let's see it rises again, and you could build, as guy said, 870 is the bogey. look at the market. the market tells you wt they're doing. right now the mark itelling you,his point of reference is down below to buy again. >> i agree with you. i think the dataoming rough is pretty go. this morning we had jobless

claims which was a bit ohead fake. therwere seasonality that made them look like the best nuer since januar continng claims is the real -- the is worst rosado. auto sales are up 48%. throughout the metaland resources space ain along with a weaker dollar, that was e story today. >> was it surpsing based on the to sales from china that alcoa was not able tho on to its gas? >> no. becae they're not that exposed there. they're obviously exposed to t aluminum trade. but they told usn yesterday's call, eyere more involved in a bottom-line improvementhan a top-line impvement. but in the sense that aluminum is a fini market and if more is bought and sold eve in china that would lift prices overall? >> i think the alcoa tradeas what it was. if y look at everybody else in the space,heteel companies did rally.

they are getting that bid from china d yes, i do think that aluminum is a key part of e auto trade. but we said yesterday alinum inventories e very high. >> lk at copper today. pper was up 6%. free port mcmora that turned arou as well. i'not gog to buy aluminum. i'm going to buy the copper trade. >> goldman sachs the reason why the fincials were moving higher. bank of america. sentially saying that goldman could top its recordevel of trading renue set for 2007 is year. that sakto what kind of trading environment this has been for the besin breeds who can properly manage their ri and their assets. looking for e, and we told thother day when jpmorgan s below 32, now's not thtime to be shortinit. now's the time to be covering. closed at 3360up 2.8%. now if you're looking foa

shoridea, and i do think the nancials set up on the srt side, look for jpmorn to trade between .50 and 35. easy short with a stop above 35.25. i think you're sort of late in goldman sachnow. hopefully you jumped on yesterday. 145, 146. >> a guy as hot as meg fox is, i don't kn right now if i want to play the fms from the sho side. en you look at goldman shs. they're talking abou potentially $26 billion in trading revenue 2009, ecpses 07 when they had that rerd year of $25 billion. the only thing standing inour and morgan stanley is e sachs one-off they're going to take th the t.a.r.p. and having to mark up the liabilities because e credit markets have improved. but longer tm, that's just a ort-term negative. if you do see a amatic bump-up in tding renue, you have to go with goldman sachs d morgan stanley hier. >> golan repts on tuesday, is that they're not as healy shorted as thewere in the first arter. don't think you get the same i don't think you get e me

kind of ort covering rally. i would be less concerned about being short nancials here if the fundamental story not there. i think goldma you can feel like lot of good news is pred in here. you can beess coerned about ort squeeze in financials this reporting piod, different than the fst quarter. >> i tnk a lot of these financials are underowned at these levels rightow. and that important. >> perhaps therae of omaha will have something to say aut the financials. americanxpress, wells fargo among them. the oracle 4 alady he has commented abo consumer sales like beshire hathaway companies being very, very soft. those are his words. we will bring you the full interview coming up ter on in the progm. moving on now, nt trade. talk of thtape, oil up over $60 at one point. during today's session. karen what's the best way torade this?

>> the thing that's interesting toe, we started yesterday talking about it on the sh yesterday, the o, a heavy oil fielservices name continued to do much better today ewhen oil was wnt parts of the day. i kn it closed up slightly. and to me it'sery interesting that youave a lot of this rhetoric coming out ofhe obama administrati aut trying to hedge speculion in the commodities markets, in particular t oil mket. out of any oer administration i woulsay you know what, this is going to blow over, forget about it at the end of the day theye not going to do anything. this admintration, though, has shown they are different. and some othe things that they propose to do actuly are getting do. i mean, yosee, you know, gm is in bankruptcy, chrysr is in bankruptcy the way th've done it is kind of steam rolled a lot thing that could happen re. where do you go if you want to spulate in oil? you've got tot go tohe equities or other aces around the world. bui think what's happening in the h is reflection of money going into the equities because they're afraid to ben the futures. >> exactly. >> strangelynough,ou know -- sorry. >> at the same time, are we a little bitoo early perhaps for this trade? and yes, the adminisation has

jumped on a t things and yes, gm isoming out of the bankruptcy, but doesn't that speak to theankruptcy system the court as opposed to congre? congress has to get in and all them -- >> i think very ickly digress to t administration. just jammi down the plan they want to jam down. est matter about bankruptc law, doesn't matter about priority rights. who has absolute priity. none of that sms to matter, so that's a very different thing from the administratioat we've seen so they're doing thingwe hav never seen before. and that could happen here. hove i think that a lot ih names are just inexpsive anyway. >> and tt's another reason why to get? >> agreed. >> diamond offores pays a speciadividend coming up in july. they're payi 4% to 6% a year. at t same time they heave been beat up. it's a great place to get in. a 25% move. i happen to inwith the usos and the place the retail guy have gotten involved playing t

sector are going to be unaffected except for the residual part, if remove speculators that will chae that. but uso and ung ally have not beenracking the spot price of oil and gas. anyway, i think it's going to be a muted response. i thk if you look at gas today, that was the place toe excited about, sangely enough, because nat gas innties came in less bearish th expected on the d.e. numbers today. chesapeakevon, these were thnames to own today. >> are you a believer? if you think about the peopl most impacted on the litations by owning futures it would be dgers, speculators, et cetera. would they go into equities which don't ve as much profit for them? >> some of these guys are degnated commodity funds. so frankly, i don't know ithey cod get into equities if they wanted to. look at schlumberger.e. $63 less than a month ago. at $48 today.

sorry i've got break out re and go to the breakingews de. this is unbelievable, melissa. listen to this. cital a huge hedge fund in chicago, they are suing a company called teza. they hir the goldman sachs programmer that gosted by the fe or the weekend. also in the suit, three former employees of citadel. they accuse those three guys of hiring that programm, getting gethernd forming a company that would compete ainst tadel by perhaps steal proprioritary secrets. secrets and tadel' proprietary code. they're suing those three individuals. so this story is just getting bigger and bigger. as soon as we gere detail as soon as we get more detail we bring th to yo >> keeus posted.

>> they're both pretty highowered outfits. i uld be running for cover, guys. >> theve got a nice legal staff, i'm se. time for the sector trade. retailales were down. teconsecutive months. one was target. weot decent results out of the discounters overall. but to blame the weath, it was the secondoolest june on rerd. >> and rainy >> the first worst june omy we've had aillennium. soyou know there you go. >> not a good timeo be a specialty retailer. >> but there are some -- department stores, f instance, jcpenney has alwaybeen a favorite. that declitoday by about 3%. ishere an opportunity? >> i still tnk they're expensive ambercrombie and fitch, the numbers are terrie. >> even bule soloff. you' got to stay away from these. >> that was the "word on the street." here's whas coming up next on the program.

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>> welcome ba to "tast money." lie just concluded an interview with the oracle of omaha, other wise known as warrenuffet. he d comment on the need for a second stimulus plan. julia? >> that's right, melissa, d get a chance to catcup with warren buffet. my fir question to him, the coumer. he said the conser is still very, very soft. heaid wee in the middle of a movie th started in september and he's not sure how long ts movie is and wheit's going to en did say the stimulus paage was not enough. >> the stimulus s never designed tact fast.

ped it would start trickling in. and in general, i think -- i believedn the stimulus and would probably bieve in another on but they maybe overrated the terms of their abity to end a recession fast. >> but if yore advocating another one, are they overrad? >> i think they're usefu but i thk anybody who looks at them as a panacea is king a mistake. but they're usefulthey're useful. >>hat do you think should be done now? do you think there should be anher stimulus right now? >> i think there probly should be, but i wouldn expect miracles of it. >> but so little of the $800 billion stimulusas already been spent. should we wait and see unt moref that money is out there? >> well, if you had anotr one, you try to load it on the chrimatree as possible for specic constituents the president said that originally let's go with the ovel-ready projec and congress got into the act and watered it d

some. so the stimulus -- or a stimulus, multiple stimu is not a panacea,hat is a solution? >> there is no silr bullet. i mean, is -- the original cause of this was e housing bubble. now a lot of things were contributing to it and flowed out oft and l of that. we built couple million hoing units a year. we fmed 1.3 million households a year. surprise, we hadoo many houses at a point. you can'work that off in a day or a week or a month. e best thing we can do is no be building a lot of n houses now. we wilwork off the excess inventory. if youan to e the recession as soon as possible, you do thing to encourage construc tough on the home builde. >> what does that mean in terms interest rates? >> low interest rates are a boone to housing. people qualify for owning housing of a given type that wouldn't otherwise.

we still have too many houses. households, get althe 14-yeaolds to start living together which they would probably like, or blowp a bunch of housewhich i don't think any of us would like, we can more than the houhold formation anwe will use up the ventory and get back to a vibrant economy. >> we're going to have morom warren buffecong up on cnbc reports and also in the next hour on kudlow, he tked more about taxationnd also about the healthcare crisis anwhat he thinks needs to be done about at. melissa, we diget one really fun ct abo warren buffet and e of the other hot ceos. e they have one very imptant thing in common. can you gus what it is? they both are fr nebraska. >> wow. >> did youet to ask mr. buffet where he sees value in the market these day >> he says the market has no turned around yet and i asked him if he does s an upswing.

buffet talked a lot over ti about buying in times like these. he says we have not seen the bottom and he's lk to the various ceos herand he sees things are bad. he does believe the economwill recover over te but not just ye it's interesting to hear hi comment on a secd imulus plan most economists are agait a second stimuluplan. the oracle of omawhais saying maybe s needed. >> what aryou zoning in on? zoningn on gting people to spd, which will stimulate the economy, or are you crting a stimul package to actually employ people? think abt this in terms of spenng. if y have $100 that you used toe able to access very easily for discretionary purchasethat being credit a i tell you you can't have that $100 anymore, t i'm going to give you money over here. you're going to take that money that the governmt is giving

you anyou're not going to spenit. e real problem is the availability of credit heen cut off. >> maybe cna-like stimulus plan wre people can actually buthings like cars and appliances. >> or employ people. i think he was saying the fit stimulus bill waoverly watered down. he said it was liktaking half a viag pill mixed with a bunch of candy. we rlly didn't get the right dosage, or somebody didn get the right doge of whatever pi they're looking for, the economy specifically. that's why the refen for the seco stimulus is my reads beeen the lines. we hen't even gotten through the first, how can you a for a second unlesyou know this one was flawed. >> and what i ink was excellent he said the government is not going to end the recession and that's true. >> we all kn that,idn't we? >> he didn't saynything. he talked for o minutes and he di't say a damn thing. if anyone else was talking i wouldn't have been on air. that's me.

>> well,ould have to saee. he did talk a lot abt his thoughts on xation. we'll be playing moron that in the next couple of hours but he firmly beeves taxes need to be hher. and to say that ke here at a conference where there are billnaires walking around. he doe't want to have to pay more taxes buther taxes are going to be a key part in xing the economy. he says you can't have a $2 trillion in taxes comi in when we are spending $4.3 trillion. >> just put this in context for us. you've beetalking to a lot of big players out there, what ar they saying about a send stimulus plan? just sort of a gge of what the leaders from corporamerica want fm e administration. >> i haven'teen talking to a bunch of people aboua cond stimul plan. i think people areoncerned that theconomy hasn't started toecover yet. yestery there was a big panel on the economic downturn a how companies sh be managing it. iteems like people still believe the economy ist in a downturn and bed on everyone

i've been talking it wi start to recover in 20. iteems like people hopefully it wl recor in time but therare various thoughts on ether another stimulus wilbe key to getng us there. got it, julia. thanks so much for your reporting. the otheparts of julia's interview will be airing on "cnbc reports" tonight a8:00 on cnbc. let's head to oudesk. in the spotlight tight, inside refuelling theusiness of nascar an original bc documentary. guadami starts off with stocks that are trading vehics. >> we're in the strading mark in my lifetime or the next four five lifetimes. people will wish ty had a market like is five years from now. intel, for example, we tald back on june 24.

the stock traded up to $17.31 on 92 million shares. remember, we talked about intel at that point that stock was trading at a 20 timeorward multiple. we said listen, niceun, much too much jmp securities urade that day. saying that day, they are late to the dance. we talked about it probably puing back to 15 3/4. guess what 15.78 the low yestery. oracle, very similar. the k traded up to 21.50. 100 million shares in orac they just repoedarnings the y before. we said take mey off the table. not that we didn't like oracle. we said this is a great opportity, especially if the ta is going to correct to get this stock around 19.50 or 2 lo and behold, we pu bk yesterday. itoesn't matter what any of these guys, politicians. whcares. it's all about tradinghe stks in front of you. tornado traid the markets you havenot the one that you want. >> shake and bake. >> a because of that volatility andions stratees, the najarian boys would be all over this to say

this is a time to use volality to yr advantage. protecting you on thdown side, and maki money. >> and take a look at sh. he was talngbout it last week. potash a great trang vehicle. looks like it's found a bottom. gon, buy the july $90 puts for about $1.50 a trade this thing om the long side. i kept some going home tight. potash, take a look that. >> there you have some trading vehicles. not miss the premier of "inside track, refuellg the business of scar." premiers tonight. it should be a fine documear righhere on cnbc. biotech heing up after amgen repoed positive results. where should you place your bets? joing us, mike schoenbaum.

>>mgen. >> what driv value in biotech invasion. and eyad a big drug hit a few days ago. theyeait out of the park. it was an out of theark home run fothem. e stock is probably going to get stuck in a rangeow. right now i wodn't be aggressively buying it bong term we thk 's one of the best bets. >> if you own all right, take a vicry lap. >> wt type of revenues are you going to see from that drug? >> the drug theyeat does $1.5 billn right now. the fa that they beat them an 1.5 billion.

we're talking ov $2 biion. >> you say t pie grows. theye how much of that from novartis. >> probably 70% of the market. at's t cancer pie. the other half othe pie are women th osteoporosis. that'she data set that we saw last year. at's the second parallel track from this drug. th's also another $1 billion in addition to the $llion we'rtalking about for cancer. overall, as much as aheir 3 billion dr. we thought this was aefensive sector. turns ou the economy matters, sometimes ck people don'take their drugs. that was part of t that's part of it. another part was inventory move. that usually comesack. i think we're ing to see some

of that come back q-2. we think it's going to be a ughly in-line quarter. >> thanks for being us. >> what is your the si emerging markets are a lite dangerous at thipoint? >> that's correct. we thi emergg markets are dangerous here they've had an amang run. the price tion in commodity, in pcals, over the last couplef week, we've seen pretty intense sellingcross commoditie crude, natural gas, lumber, grains. and it's accentuated over the last several ds historically, emerging markets and commoties are tied together. we think this is a very dangerous sign for t emerging market tde. >> if they're osely tied, how ou play that? i aume the's a relative value ade in here somewhere. in other words, do you like being short e.m. agast commodities? because commoditiewi at least ouerform? what's the call re? i know you belve the

nger-term story on e.m. that's a very good economic story right now. i hear you talking tecicals. >> y. you know, i think there's o ways to play it. the first you mentiod is the spread. that's what i'm doing. i think this chasm betweenhe price of physicad the price of shareis unsustainable. let' talk brazil specifically. brazil is the world's bigges exporter of soybean ancoming a major poer of crude. t ewz has held in relatively well. we do nothink that breach is sustainablbetween those two or three markets. we're buying psicals, buying thgs like dba, uxo, xle and selling the shar like m and ewz. and that's the spread trade we're looking for. there's a simpler way play it which is simply short brazil. we believe the commodity prices are ad indicators, i believe they are,

going to have a tough time going rward. look, ewhas almost doubled off of the eararch lows. it'serlofty at these levels. >> i would point out that i ok at the move in cde and we're off 14% here? if you looat brazil, it's off 8% or 9% at this point. and i look to thin like capacity utilization i look to a moody'upgrade just about happen here. i know people probably kw me as t eternal bull on e.m. agree that technicals have to be really cautious. it is a commodity trade t i think we've ll back a lot. i'm starting to lo at reentry levels another street is very bullish on e.m everyone is a bulln china and brazil. but i thinthat's reason to be cautious. i think the e.m. world sll needs the american consumer to be t growth engine. bunumber two, what's happening in commodities tells me it's very dangerous. i would say athis point, be long on ewz, after therun it

has had, i think i would rather have a brazilian wax than own brazilian shares right here. >> on that note, steve >> there's l to debate, i agree with you. i think e decoupling debate is over. >> time now for our "fast money" poll of the day. thwhite house is set to make a decision soon. should bernanke be reappoint? a, yes. b, no. townhaul on july 26th. log on to fastmoney@cnbc.comnd cast your vote and let us know whatou think. what's making th group of roller skating digital baby dos ckflip karen firman's stock of the day might have you doing bk flips. we look at the stocks lighting up screens acss wall street tod. foded in the late '90s as e first company to have viewers to have control over their watching and the time, this

company has recely been embroiled in legal battles ove its tented software. >>hey have a five-year case going back and forth, back and forth. now they're backn the forth side othis thing. >> today the stock was on "fas forward" as shares rose afr a partnershihip wi best buy. whwho is i the answerer whe"ft money" returns. the fact is, with alalthe ta of a national al estate market, your town, your r neighbororod, your home, or the home you'd likeke to bu are each unique.e. thnational conversation y t apply at all. if you've been wing about what your opoper may be worth, or wonderirif your dream home mamay filly be affordable, ea, constipation, gas,atg. that's me! can i tell you wh a difference phillipsps con health has made?

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>on the trade radar tononig, tivo was amongnghehe mt active names on theheasasdatoday. > he's's wt's coming up on the coco half of the program.. hackers arare kikingn targets keke t new york stock exchangege and the south korere g govnment, but ththere e e mpanies out ere coming to the rescscuendnd they could b byoyourext trade. pl, , vi las vegas. y y e beaten down casino stococ m movseen their luck turn ound today. anand a alswant to recap you on thwawaen buffet interview ththat aired right here o o"f"fasmoney" just m momen a a. he did say essssenalallyn order to improve t the enono, to fix it, you've got to slowow downene meme ses.

also, a second s stimus s an may, in factctbebe nded. were talking about ththnonoti of slowing d down memeales. they were floatiti a arod the idea of just p payg g ho builders to stop buildining. >> it t ululd a lot cheaper. d it whh t theararme and coco. i amurure t the are somome reass tot least think about itit >> okay. re's what you really wanant to kn about at least at thihi point. we'lcocoinue the discussion about home builders lalar r on what is the e stocofofhe day? > t s sto of the day is rget. i actually likike taetet i hadn't't plad d until very cecent. bought i iasas rently as today. same-storere sal n nbers were not spectacular at allll. down 6.2%. however, they did guidide tohehe high end of the range.e. they really didn't n need d d that, but t th s sho confidence inin h the quarter is go and they showed margin improrovemes, expense improvememen.. a coupleleeeeeksgo, they announced very mododt t crit card impmproventnt

the mamaititudis not great but thdidireion is a good thing. the ststocpepeak this year anayay aabout $46 or so. $8. the valuatioion ththinhere is veve a attctive, plus i like at value space. i ke walmart as well. i have both. nowawaart and target. >> is the k-fine clan gogoing be doing theheirchchooshopping erere? >> whatever hehelps. i'll pitch in. i iould love to see that.t. >> true capitaliststerere. time for "popsps androro." emulex d dow8%8%. >> this is the dowown si.. >he amateur buyer walkeked away. >>opopere for netflix. up 3 3%. >> i t tnknk ty're trying to kekever the movie renting g business, the entirereususins itself. sony, add that to the e li o of devices yoyocacan w down load netfx x vies on.

up 33% this year.. i still can't bring g mylflf t buy it. >> merck down 4%. downgrade, concerns o or r a chololestel l ug. but the other daday wh i itraded to $29, we said it hahad trououble rereistorically, look r a pullback. you are getting it.. 2323.5 bororyou get back in. >>ututo les, the big catalyst.t. china rux,x, cnana mile, these arare e big hong kong traded names in china. i think part of ththchchintrade is verery crdede ifhey stop lending, be carareful here. >> everybody wants to o live longer, right?t? scscieists have come across s new drdrughehey y can extend a life span up to teten yes.s. researarerers easter island in ththe ututh cific have tested the bactcteriaprpruct found in ilil sples on mice and found the drug extends theheirifife 14%. >> extends the drugs l liforor t people tesesngng t drug?

>> mice. >h,h, oy. all right.t. >> i would imagine j juslilivi on easteteisisla extends your li f f ten years. m michave no stress. western union was up 6%6%. karen? >> they got an upgpgdede t ouerform from credit suisssse. moving high,h,utut n unattractitivelyo.o. >> jpmorgagan .. 3%. > rorts july 16. i i ink you want to hold o on until then. e e stk took off after that. think you're going to o sesosome positive numbers f from momoan. e stock will move higherer. > we veve top for dynagy. >>his has become a an opoponon. it's a $2 stock. >> thihihahas come a an option. itit a $2 stock. >>nd a pop from massey e ergrgy. >> t themamakeulfer coal. the ococwent from 26 to 17. ththiss a bounce. this is nonot lolongrade.

>> a andn n thlong tradition of funny animal stories. we have a pop for a drdrun badger. drers in a town in germama found their morning cocompe e to a a ttttleonger than expected today after a a baerer w passed ououinin t middle of the road. apparently the a amamal d eaten too many ferermeeded crries, a ttttleit drunk. popoliceveveually removed that police eventntlllly moved that babaer. no harm was done, hopepelllly ththbadger or the on-comining vehicles. >> t thererere bunch of those in uipment thymes square e ghght now. >> p p there. >> mimingp next, do you member the good old daysys whe the biggest ththre o on e web was s p-p-uppam? gecko vo: gegeico's the third-largest

car ininrance company in the natat but, i it's not like we're kicking g back, w, hav' a cuppa tea. geck: kes lots of sweat ecomthat big. gecko vo'course, geckos don't liray sweat... it's just nonot our thing... geckogecko vo: ...b.but i dot w. liray sweat... gecko : : fit rule of "hard work equals succesess." gecko vo: that's's why ico is consistently rated excellent or betetter in terms of financial strtrength. ge: second rule: "don'tteteal a coworker's egg salalad, 'specially if itit's markeke "the gecko." comeme on pele.

oh, hothe mighty have faen. we've se that many, many times thisear. even a 20 to 1everse stock split couldn't save aig. since its splilast week, aig has fallen 50%, including a 25 drop today alone.

and of cours we did have that note today out of citi sing essentially it has a 7 chance ofoing to nothing, which would be very bad news for the ameran taxpayer given the u.s. government has given aig $85 billio >> appently ey have more expore to banks they wrote $90 billion. theyere heavily at risk. they mismanaged how they sclosed what their issues were. this is newenews than we had d. >> and thenly way they pay ck the money by selling back assets. once they se iall off, wh's left? once theyell it off, what is left? the sin the building, yo auction on e-bay. that's not going to be wor anything. >> probably worth more than the stock ateast. >> cyber threats dominating e headlines this week. nyse.com deny afternoon ck yesterday d day's assault on south korean websites. there e digital security

companies rushing the rescue. alex, good to seyou again. >> thank you for having . >> the thing about the types of companies is most of the revenues ce to government spding. literally would weeed toee an act of congre in order for thes coanies to see an increase in revenues from thgovernment? >> it'a big push right now. we're talking about budgs hundreds omillions that are going to be movingp to billions and hundreds of billio of dollars. the that is there every day. the pentagon a is getting attacked hundreds to thousan of times a day. we like to look for re plays, companies that have good balan shts or are market leader ps 7. >> whi names? >> caci hathe best cash. sasis another one. thesare stocks we think are going to benefit goingorward. >> what is the timlines going forwar when will we get aense when these buets will be increased and within the budgets whe more will bellated to cyber security?

>> great questn. when you have stocks that have the fedel government as a customer, my pusack to that is look, i know the govnmt pays when they want, t they always pay. so as far as i'moncerned they're e best customer. trends.hese are long-term the ocks on an historical multiple bisre depressed and i think there's room for margin pansion as the money comes expansion as the money ces in. and i think there's room for margin eansion as the money and i think there's room for marg expansion as the money comes in. >> what gives you confidence they're going to increase e area? >> they have t president obamis talking about a cyber ar. there's an iniative going on where the spending is creasing.

wean't give you what the numbers are. a lot of this is classified. but the thre is the. this is a threathat's more real tn global war on terror, weapons of mass destructio you could wipe outinancial system you could wipe o t pentagon ansteal trade secrets. we d't know necessarily when the money will be spent but it will be spen >> are u.s. compans getting these types of -- >>here a international coanies but i like to follow ones that are pure pla. the ones that alady do it, i know that have been taed, i about, the rl city these guys alreaddo this and they do high-end data mining. they determine trends. and they secure systems. that's what we want to be in. >> ax, tha you for your time >> call it the hanver effect. perhapit's no coincidence that gambling revenues ha made a comeback isin city, just as th bad boy comedy earns $200 million at the box office and the stocks are moving,oo. 'll go trading after darfor your vegas bets next.

guy, you'r're spotn about the sellofand i thought you werere too gative. blblkstoneell below its 20day moving average. was thth the btom? >> hello, harry.y. i s surprised. blackstotone has ce off.

13 down 8.5,, i didn'n't like everything elel. ifhe s&p fell below 870, y you could probablyly get a l of things. 0 s&p is your bogey. >hanks r riding harry in ngwood. also a fast memeage fr ed in danvnville, lifornia. what shod i do with citigroup p stock, sell, h hd or b more? karere what you say? >> if you want play ther financial l rebound,itibank is not e way to do it. theyeye tryi toperate with at least one arm tieiebehind their back.. you wt to be in this space for a rebounund, go th bank of america or jpmorgagan. ey're going to be a betttter pure play and ththey don'tave quite e e sameaggage as citi has rit now. is there a s sign th the casino names are startrting to

tuturn arod? john naja an, tounde opons monster.com. go to see you. what's trara here? >> is about times being leless baright now quite obviouslsly. they ire not about to o t a lo better when itit's 108egrees in las vega know they do gaming ououide of l will have, but if f you focuin on tha people don't go to vegas in the summer. but seeing a turnaround d in the susuer wou be strange. you'veot sands, wynn, mgm, that what we saw bringing investors in. lvs selling over 2 million sharesoday. an eraordinary amount of volume on the inststitutionaside all hiing on the third market t which ain is either dark poooo or people trying to o hide tir footststeps, whi i like to see. luily our computers track k that as well. and i uld say that as good as s those plays may bebe, some othe

strong players in ththspace e wms, a c company tt basically suppes the casino gaming machines a awell avideo lolottery. video lottery y is goi to be huhu. it'soing to be bigger becaususe states, cicies, angovernmental agency that wants momoy righ w is looking at video lolottery as one of ththe ways thelp balalae budgs that are so streed right now. so wms, , if youake a look at the chart, i it's doled off the march ttom. it back over $30 a sharere i lovet at this level. i ink it trades close toto 40 by year-end. would so say bally's, byi would be another one t to keep your eye on.n. i don't like it as mucuch as w. and therere's igt d shuffle ster, t my number one pick on the supply side w would be s. do youuysike playiyinghe supply sidide here

th is taking for granteded the thesis that these e casinos ll continue spendnding moneor the spspe willontinue speing momoney even though they are sh-strapped as well. >> i like some of ththese onli gamers and the guys inin china doing a ant interactive. they're doing a littttle bit o alall of tt. >> dr. j, always a pleleure. nice glasses. >> thank you. >> speing of casinos, who mamade the most money betetng witthe house. plus, our final l ade isour first momove tomrow. 'll tell you what theyey are in a minute.ghgh ee. but with aleve, i t hy about es hurting. only two aleve cacan stop pain all day. at would take three e times as many tylenol arththritis in. e wos for me.

mrevevan this is janicecerorom star. i haveve reieid an automatic s sigl l u'u'veeen in a front-end crash. you need help? i'll cononta e emeency servicesesndnd sy with you. you ayay yeah onstst. . stdard for one year on n 14 cvyvyodels. are e you right? a rocis white whale wrked boat. well, it looks like t had a claim ovefour years, soou don't have to pay aedtible. that meansns you saved $500! $500? i could get an electroc fish-finder. at's the spirit. now that's progrgressi

ca or ick today.

time nowow to reve who made the most m money tay. ron babarron of rron exam group ma $13.3 million in a relatively quiui tape. he watchched his million shares of wynn soar m more than% today ale. time now for theheinal tde? >> gd is legging up, so is thisiserger. i i think the's going to be a hihigher bid > bni is teresting below 70. >> sticking with t target,tock of t day. owe? >> talk about t one ofhe benefificiaries the alcoa eaings, i think it's copperr prices. you sawaw tm bottom today, up 3%. the trade e on this, freepopo-mcmor. yeststerday's ose, that's your op. > i'm missa lee, see you back here at 5:00 p.m. eaeaern ti for more " "fast mey." have a a great nht.

tomorrow, takeke your potion with t t "fastoney" playbook priew. has ththe rally ally run its cour? get the earnings edgdge you ne now. cnbc 5:00 easterern.