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market's brought enough at this point with confirmation from other indices that perhaps we'll be able to make it ten. you'll have to see. you said singles are good enough. there you have it. >> that's it for "closing bell," "fast money" starts right now. live from the market site on new york city's time square, i'm melissa lee, here's what fast is following tonight. consumer confidence as the retail sales number, the real deal or smoke and mirrors. if things are really what they seem. facebook folly, why wall street could be in for a letdown when it comes to the social stock. we've got the analyst bringing a reality check in his latest report. and risk on, how you can run with the bulls by betting on bonds. black rock's jeff rosenberg is here with his plays. blackberry shares popping in the final hour of trading after a partner buys 1 million blackberry 10 smartphones.

jon fortt has the latest details. who is this partner? >> not sure, it seems this partner is probably a carrier. this is good news but important not to get too excited about this. put it into context. at&t ordered a million lumias a while back. it's a good vote of confidence in this operating system as far as what it'll do long-term. no telling exactly over what period of time this carrier thinks they can sell a million units. we'll have to see what sell through does. sprint had to commit to 30.5 million units of the iphone in order to get that deal with apple. that's an entirely different stratosphere in terms of orders, guys. >> all right. thanks a lot. we should note that the move in the last hour of trading was about 8% on blackberry's shares and we did see another 2% jump in the stock. you noted unusual options activity just around suspiciously when the release was out. >> and it doesn't look like an

algo trained to read the news. there are those that can respond in a millisecond versus the rest of us that might take several seconds to digest news like that. however, this movement was more than a minute ahead of that press release hitting. it got me thinking they're trading 100 and 200 share lots rapid-fire. this was a lot of buying in that minute that proceeded this press release. so both options and stock i'm suspicious. somebody had this when it came out. >> does the order make you more bullish about blackberry? >> we street fought that a few weeks ago. and i was on a bull camp, traded lower, i'm in the bull camp. not because of those orders. because of this headline that koim out. came out. >> they backed off. >> that's not a reason to invest in the stock. that's not a reason to invest in a stock.

>> hold on, georgetown, man. >> back off. >> there's something to this i think the risk reward on the long side, as painful they are, i think it still favors the upside in blackberry. >> i said this before, in india, the blackberry is cool. >> and indonesia. >> and they are actually leading indicators of how cool we are going to be. >> indonesia, who knew? >> definitely supply shortages out there. and in terms of partners wanting to get an inside track, the fact people are worried about being short supply is something very important. i think a lot of people want to make sure they have the hottest models. zblf by the way, giving us the trade laurt on ter in the show. the dow closing in a record for the seventh straight time. so we go around the horn here. what was the top trade today? bk, kick it off. >> tlt.

i bought the treasury futures, but you can buy tlt. i did not think the retail numbers were as good as the headline. seasonally adjusted, they were better, but when you take that out retail sales were down, which squares more than what the companies are saying. business inventories came out at 10:00. those were increasing. usually a good sign if sales are increasing. great way to hedge your portfolio. but a great way. >> basically buying the tlt is zipping up the bear suit tighter. >> the bear suit is out of the closet, i anticipate putting it on. >> you'll don the bear suit soon. >> exactly. limber up, get into it. >> doc jay. >> initially i bought goodyear, gt because with these numbers double what the street was looking for, that stock started moving right away, strong option activity and then i switched over to blizzard activision

blizzard. if consumers are feeling more confident, they were certainly a lot of buying of calls upside calls in atvi, so i jumped in there, melissa. >> and the new consoles out on the market for the first time in years. >> right. people are tired of the old and they want to move over to something new. they have something new. >> top trade. >> we've talked about this stock for a long time now and one of the better ceos out there, staved off the carl icahn threats a few years ago. we talked about that stock since. had a monster day today, the stock has been par bollic, very tough, but ting the momentum is firmly behind lgf. >> the price target was raised to $27 a share and they're citing the divergent trilogy which is outselling in book form "hunger games." >> it's a lot more difficult to get into the stock than it was. i still think it works here. lgf. >> good to be last because i

think clearly my point is the strongest, which is this was all about the dollar. >> your point was your trade was the best. >> well, not about best. today was about the dollar. i don't care what anybody is saying. look at what happened, look at the spike of the dollar, when the retail sales number came in. look at where we are on the dollar index. getting to a place we're about to break into multi-year highs. everything flows from the dollar. rates flow from the dollar, the bond market is clearly taking the cues from the dollar and equities ultimately taking their cue, underperforming, emerging markets down 11% versus the s&p this year, that's major underperformance having trouble with the dollar. the dollar is going higher and if you don't pay attention to it, you're going to be caught behind. >> let's get to our next trade here. is the street setting itself up for disappointment when it comes to facebook? the company's revenue outlook. rich greenefield is the media analyst at btit joins us on the fast line. thank you for speaking with us. >> thank you for having us.

>> you downgraded facebook last month, you are bearish overall this name, but in terms of ad revenues, quarter on quarter, you're anticipating a decline. we have a slight increase, it's a small 3% increase, i think the street overall is more bullish. the viewpoint really to your question, melissa because it's a perfect question, why doesn't everyone have it down sequentially when q-4 doesn't have the type of strength? because facebook management has gone out of their way to talk about how it's still very early, you know, mobile revenues did not grow as fast as people thought in q-4 and that's what started the stock's fall from in the 30s right when they reported earnings. and i think the excitement about facebook is that it's still really early and mobile as they start to add inventory and do a lot of things in mobile, this is going to be up and to the right and can grow through the traditional seasonality that the desk top business certainly has. and we're certainly looking for desk top to be sequentially.

what we're seeing, though, and we haven't changed our numbers yet, what we're seeing and concerned about and talking about in the blog this morning is our fear that maybe with the significantly lighter ad load we're seeing in the top of everyone's news feed and seeing a lot of ads that are called suggested. and when you see suggested in your facebook news feed means it's not related to any of your friends. not those very expensive social sponsored stories they sell. these are really just unrelated ads that are being sold. we're concerned that maybe they cannot live up even flat to up modestly and might be down sequentially which would be concerning to the street and a tough way to start 2013 when people have big expectations for mobile revenue growth this year. >> rich, brian kelly. is is there something that facebook could do that would change your mine on this? i read it on the tape facebook's going to do xyz and now it's time to buy facebook because you're going to raise your numbers? >> we could be wrong, obviously

books obviously, but we're seeing what is occurring now and other people's news feeds. and what led us to upgrade the stock during november when we saw an incredible amount of advertising from major brands like walmart and target. we're not seeing those brands, we're seeing, you know, a lot fewer in the top of the newsfeed and a lower cpm nonsocial ad. in terms of what could cause us to change our mind are things that could change our mind i think is new ways of making money or creating engagement. one of our core theses on facebook is in a mobile world, while you touch it more often, you may go multiple times a day versus the desk top, but your overall time spent is down. there's less time to surf ads, and the ads you do surf are more disruptive. figuring out how to get consumers to spend more time on facebook, obviously, would be a very important thing. certainly the new newsfeed last week is a hope for that. i'm not sure it accomplishes that goal. i don't think people are going

to search for things and spend more time that way. but other ways of making money. look, if you're going to be buying gifts for your family via facebook, that would be a new revenue source that hasn't taken off yet. but anything that causes a new breakout revenue opportunity we would have to reevaluate our view. >> thanks, rich. they've got to figure out how to get me on facebook. that's the first step. >> they were just showing the facebook page there. >> the bacon and eggs. >> favorite games and whatnot. >> what's the trade here? >> listen, facebook -- facebook we talked about when anthony was ahead of earnings, thought it was going down, i think it'll continue to go lower. we said the path of least resistance is lower. bk speaks to this, the only one of these social networking, whatever you want to call them companies that have figured it out in terms of stock performances. looked at linkedin. i think if you want to play the

space it's lnkd. >> linkedin's figured out how the user can monetize their experience on there and that's why people continue to go there. >> time now for pops and drops, the big movers of the day. down 4%, tim? >> yeah, a death drop, back at july 11. we're back at '09 levels, 14 rsi, i think this is, again, a function of where the dollar's going and the impact it's putting on miners. trouble breaking the down trend. >> the move 5%. doc? >> yeah, the people have been waiting for this one to make a bounceback, a consolidation. it hasn't been coming. the bear flag for those in the technical space that are looking at this one, they just feasted on it today, stock traded down. >> a pop up 2%. >> maybe the defense spending is not that big of a deal. i still think there's a huge amount of catch-up in lockheed martin. i think it goes up from here. >> a lot of these home building and construction stocks just keep on giving.

masco up because s&p upgraded them. dropped down 18 of 20 here, i think it's a sell, use it as a gift. >> ebay, down 3%. mike? >> year-on-year sales growth disappointing at 8.2%, which was a little bit lower than it was last month. additionally, there's a little bit of a spread breaking out between them and other internet commerce providers like amazon where the growth didn't drop by as much. also neiman marcus. >> and we've got a pop for the iditarod, the world's most famous sled race ended on an historic note when seavey was named top dog. in nine days, seven hours and 39 minutes. the 53-year-old musher will take home $50,000 in prize money and trade in his sled for a 2013 dodge ram pickup.

he was the oldest guy to win, 53 years old. ripe old age. >> the dogs won. it's like the jockey doesn't win, the horse wins, it's the same with this. you should have -- >> come on. >> yeah. >> we all know it's not how it works. >> redonkulous. three broken stocks you may want to consider buying right now. plus, why a risk-on strategy may be your best bet when it comes to the bond market. and later, retail sales conspiracy theorys, today's better than expected numbers. back right after this. why turbo? trust us. it's just better to be in front.

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okay. [ male announcer ] with citibank's popmoney, dan can easily send money by email right from his citibank account. nice job ben. [ male announcer ] next up, the gutters. citibank popmoney. easier banking. standard at citibank. welcome back to "fast," some stocks haven't gotten the memo yet. but does a broken stock mean a broken company? let's check the charts out there. a chief market technician at oppenheimer, and carter, interesting charts, let's start off with the first one pbi. >> pbi, deckers and one other, but the principle is that something has been a tremendous lagger that stays in a down trend that ultimately actually moves above the smoothing mechanism and checks back to it.

and the red line starts to flatten. that has all the hallmarks of a bearish to bullish reversal. the preceding weakness. and if you look at the other two, they're identical, doesn't matter what they do, whether they bake cookies, make airplanes, doesn't matter. >> or make ugg boots. >> whatever you want to call it. great preceding weakness, the smoothing mechanism flattens and starts to ricochet. and if you look at the last one, again, what does that have to do with hewlett-packard? and it's not about moving above the line and only when the line itself starts to flatten, and that's all the signs that it's something -- for instance, almost no short interest, the other two have 30%, 40%. >> the short interest in the past month has increased 138%. >> and so is that a good thing, a bad thing? interestingly, if you overlay those three together, they're identical in terms of comparative charts, weakness that starts to end. >> right now on a technical basis, you think these three laggers signal by? >> for sure. >> i'm just curious, let's go

through some of these stocks. would you buy any of these based on the technicals when you marry the fundamentals, as well? >> i think, i would look more toward the hewlett-packard, that would be one of those that i would look at. i know it's going to take five years to turn this around, but the street's starting to buy into it, and i think that's what the technicals are showing. there are actually people out there buying the stock, buying into the story and believing that meg wittman will turn this thing around. >> actually a decent quarter for them. a couple of upgrades, but something scares me. the dividend is more than -- >> it's 10.7%, the yield. >> which one of two things in my world is going to happen. the stock's going to go higher and the dividend will go down or they're going to cut the dividend. i think it's probably the latter and then that scares me in terms of owning a stock. maybe the shorts know something here, carter. >> when the stock's going out of business. it never actually starts to do that bottoming action.

the bottoming action is the buying. that's what you want. you want that constructive healing kind of action. and they all show that circumstance. >> not to pick on pbi too much, but to the point, the long-term eps compound annual growth rate is negative 6% for the next -- >> it's a horrible business. >> for the next five years. >> horrible business, they make stamp machines. >> if the post office is having problems. >> you can think of this thing and think of best buy, it's the same pattern how they go down and down and start to come off that bottom. >> so you're with all the analysts turning bullish on best buy as well? >> and there's no analyst bullish on these other ones yet, and they typically follow up price action. >> a lot of people own apple out there and earlier this week you came out with a bullish note once again on apple. >> so this is a controversial stock. but let's look at it. i think the things that are important here are if a stock drops and gaps dramatically with a huge one-day plunge, you never step in front of that. this has been somewhat gradual, five months in the making, i

would call it a mature decline. 705 to about 420, talking about 40%. and two other things, you have closed the gap where the euphoria started. this was when apple was becoming parabolic. and, in fact, we think in the event of a market selloff, some sort of normal correction here, apple actually act as a defensive kind of asset and will outperform. >> so looks good on the charts, but does it mean if it's found a bottom, does it mean it's going to go higher? could we be range bound for quite some time? >> you've got to stop going down before you start going higher. it's starting to do that. and the presumption it has some sort of throwback. we think it gets as high as 525. >> good to see you. mike, trade one of these stocks for us. >> yeah, i'm going to go with apple. these other names have some pretty big secular head winds. you know, with apple, i think that one of the things you have in addition to compelling valuation is the fact there's a

lot of cash on the balance sheet. i think selling some out of the money puts and using some of these proceeds is a good way to make a play here. i do think you are basically stopped out by all the cash on the balance sheet. >> let's move on here. less than 24 hours to go until the release of samsung's new galaxy s4, what will it mean for samsung and the stock that's more than doubled over the past year? tim, this is a company you've been following for a long time. >> yeah, and at one point around mid december when apple was falling out of bed, some of the same reasons, i'll say the same thing that samsung runs into that too. what's different is they have a broader business line. and these guys also were effectively competing where apple was kind of the wow factor. what's interesting now with the s4, this is the wow factor. it's a better camera. it's 13 megapixels versus 8, the eye scrolling, and things the cool kids are interested in. the s3 trade value, and there's technical reasons why this will do well because apparently the

dealers are giving a clean wash for the s iii for the s iv. this to me is these guys competing in apple's space. and be careful for what you wish for because they are on top of the heap and an evaluation that looks 13, 14 times earnings, it's not a value play like apple. and that's what you want to be right now because we've seen what cheap means with apple. >> and the eye scrolling is a cool thing. the cool factor is the biggest thing they've got going for them is the larger form factor in my opinion. both the s iii and the s iv sort of like the fablets which are a cross between a tablet and a phone. i think address a major desire of consumers and that is to have a larger device, fingers don't fit as well if you're doing a lot of computing. it's a better device for that. whether or not, tim, the eye scrolling is enough to get them to trade in. >> i don't think it needs to be

and i think that's why samsung is going higher because these guys have i think copy the best features of apple. >> still to come here, why some here on this desk are not buying the accuracy of the new retail sales number after a better than expected report today we have clarity on the strength of consumers from michelle meyer from merrill lynch global research. first, why the traders are not seeing eye to eye on this leading street maker. [ kitt ] you know what's impressive?

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more gains here? answers in our street fight, guy is our bull, bk is the bear. kick it off. >> oracle is going higher, i'll tell you why. great recurring revenue stream. they have pretty good clarity in terms of earnings are going to be. operating margins have been improving, will continue to improve. look at the quarter they reported back in december, and i believe these guys are the best m&a firm on the planet. yeah, they've had a few misses along the way, but they integrate better than anybody else out there. that's how they grow nonorganically. and look at the valuation, it's not rich. this is a stock that continues to levitate, i think it will continue to. >> enjoying those arguments by guy. however, let me tell you why i'm bearish on this. and it's really the macro call. top of the show i talked about business inventories increased highest since 2006. the global economy is slowing.

this stock has risen so much and up to $36 that any hiccup in the global economy and jour going to see capex coming down at companies and that's going to impact the bottom line at oracle. 36 seems to be a formidable resistance and finally i'll go jeff goodlock on you and say almost every major firm on the street has a buy rating or overrate rating on oracle. >> another good point, they've all been right. and sometimes stocks do that levitation, it's a formidable company which is why it continues to go higher. >> those macro points are pretty scary when you apply them to any stock. >> true. >> how do you get into a stock if you believe there are all these head winds and business inventories are high, et cetera. >> i'm not into that many stocks, in fact, i bought tlt today, i still have my long position, however i'm trailing.

every company out there is subject to all of these macro head winds, doesn't have to be -- i'm not picking on oracle. >> way to go. >> tim, weigh in. >> beaks is right on 36, significant head win, i've got to go with guy. recurring cash stream. 12 times 2013, not expensive, this is best of breed, like this stock going higher. >> me, tim -- >> the pope. >> it's all good. >> we have a pope. by the way, canacord in the note, in the upgrade, oracle is trading at a discount to the closest peers ibm and s.a.p. >> well, that was where, unfortunately, that is where i would come down too. when they said that, i actually took a look at the s.a.p. and the earnings stream going forward and i said, boy, one-to-one, this looks cheap, and i think they're both great companies, i would buy oracle at a cheaper multiple. >> all right. so we want to know, of course,

what you guys think out there about who won the street fight. use #bull or #bear and we'll give you the results at the end of the show. meantime, retail sales for february soundly beating expectations. our traders say not so fast, don't believe this number. and of course, all these traders are true traders at heart. they are conspiracy theorists, as well, there's a streak of that in each of them. and why do you think you shouldn't believe them? >> one, it doesn't square with what we've heard about companies like walmart. that was a couple of weeks ago, but when you look at the seasonally adjusted number and the retail sales, the seasonally adjusted was up. well, actually retail sales went down and the difference between the two is the largest it's ever been in the history of the series. something's wrong when i look at reality like walmart, says to me these probably aren't as strong as the headline numbers suggest. >> i like the numbers. >> i think they're very fine numbers, they just don't

accurate -- they don't accurately reflect. >> the chinese numbers -- >> no, i'm saying they don't accurately reflect what's going on. >> i think everybody was overly concerned with what the payroll tax coming back on and the government cutbacks and everything else, the gasoline prices, the impact that would have. this is not as much as a head wind and the consumers are proving that. >> let's get more on this number and bring in michelle meyer the senior u.s. economist at bank of america merrill lynch global research. great to see you. >> nice to be here, melissa. >> should we dismiss this number in your view? do you agree with brian? >> i think it's a fair debate. and frankly, we were quite surprised by the strength of the report. we were looking at the head winds that the consumer was facing which was delay tax refunds. higher gasoline prices, poor weather conditions and, of course, the lagged impact of higher tax in january. we were looking for a weak report and we were surprised by it. whenever you look at the seasonally adjusted versus the not seasonally adjusted, maybe we'll get a revision. but i think to me what it tells us is something a bit more

fundamental about the consumer which is the tail winds are maybe a little stronger than we had thought, which is healthier laboring because job growth has done better. wealth appreciation which is helping to boost consumer confidence. the consumer's still in a challenging place, but receiving some cushion from the labor market. >> how can economists be so far off, michelle, then you get a number like this today and two major houses go from 1.5% to 2.5% gdp. this kind of blows my mind. were we that far from the mark? >> we're one of those houses. >> okay. >> i didn't name names. >> no, it's okay. >> a lot of people did this and you weren't alone. >> deutsche bank, jpmorgan, as well as bank of america. >> we'll be out there very honest, we revised up our forecast for q1 growth to about 3% on the back of healthier retail sales and stronger inventory build. retail inventories came out strong, wholesale inventories

strong, as well. so it all -- it's an adding up model if retail sales are very important component, consumer spending is 70% of gdp, you get a big surprise and it impacts your tracking estimate. now, the bigger question is what do you do going forward? how much do you read into the report that we saw in february in terms of telling us something about the consumer. >> you're not reading anything through. you're leaving q2 alone. >> exactly. we still think that second quarter growth is going to be weaker. we're still looking for that slowdown. we think that, yes, there's momentum, we're not completely discounting fiscal cuts. >> thanks for coming by. michelle meyer bank of america. >> i think people feel richer because they see the stock market go up every day, but i don't think people are necessarily richer. i think people are president putting themselves in the same trap they were in four or five years ago. listen, it's clear people are spending, doesn't mean they should be spending. how do you like that? >> psa. coming up next on "fast," a

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welcome back to welcome back to "fast money," we are live at the market site in new york city's time square. interesting developments for jc penney today. let's get a market flash from josh lipton. >> jc penney's cfo says he isn't going anywhere. . speaking at an investor conference said he nor ceo ron johnson plan to resign. the cfo said results have been unacceptable but also said, quote, it's going to take a lot more patience from our investors. melissa, back to you. >> thank you. so let's get the options trade on jc penney. mike, what are you seeing? >> there's been quite a lot of activity in jc penney options lately, and most of those have been on the call side today. about twice as many calls traded as puts. one of the active strikes that saw some buying was the may 17 calls. you know, one word of caution, i think this was being spread against the july 20. so what might be going on here is a little bit of a stock recovery strategy. this is where people sell out of

the money calls, buy some closer strike ones to try to recover a little bit of money if the stock gets a bit of a pop. anybody long it for a while has taken it on the chin. >> certainly has. meanwhile, are hedge funds safe for the little guy? the average investor? private equity firms are seeking out individual investors, but are there better places to put your money? kayla tausche with story. >> for decades, the entry fee to invest in private equity was in the millions. now those firms are letting the gate down for retail investors. they each have different theses and offer exposure to complex credit instruments if you want that. but we benchmark each against the s&p 500 all underperform. take apollo's floating rate fund which bets on interest rates. since its inception, it's underthe market by 20 percentage points. wanted access to exclusive hedge fund managers, $50,000 in a 1.25% fee will get you into the

alternative alpha funds of funds since inception and through the first month of if year, it has also underperformed the market. kkr has two debt funds at $25,000 apiece. and since then the high yield fund up 2.5% against the market which was up 13% in the same time and also lagged the high-yield index. melissa, the latest one is carlisle, it's too soon to tell what will happen here, but laump launches later this year. those have been the cash cows for the private equity firms. we should note, past performance is not indicative of future returns and don't have many data points, but it is very interesting to see this smart money underperforming the rest of the market. >> you're talking about the lower minimum requirements, but have those also been lowered? >> they haven't, actually, melissa. the shareholders want them to have more sustainable, more predictable revenue streams. you grow your overall assets under management.

growing the fees you're going to take in, as well. because of that, i think they're trying to tap into a new type of investor, not necessarily bring the gates down for those high net worth individuals. >> kayla tausche, thanks for that story. tim, go to you as a hedge fund manager. it seems like it's a growing trend, especially as they're under pressure for performance. >> this is stickier money, what they want. and you don't necessarily -- i would be buying blackstone stock, kkr stock which has gone from 14 to 19 in a rich environment for these guys to make money. the underlying deals will probably be too complicated for people to look at to be honest with you. but i think there's a great opportunity to invest in hedge funds, the better opportunity is for the hedge funds to find the retail investors. >> the bulls charging forward as the fed maintains historically low interest rates here. rates remaining at the lows for the next year. what is the best risk-on bond strategy now. let's take a deeper dive with the chief income strategist at blackrock. blackrock, by the way, $1.2 trillion of fixed income assets

under management. good to see you. >> thanks. >> when we talk about a risk-on bond strategy, you're talking about returns that would look like equity returns, very high returns. >> well, i would characterize it a little bit different. >> okay. >> kayla mentioned past returns aren't indicative of the future. fixed income investors have gotten used into average bond fund managers, not just last year but over the last 30 years, 8% returns, you're not going to get that next year, you're going to get 1% to 2%. if you want better fixed income returns, you've got to change the risk mix. fed is keeping rates too low. all you're going to get are single digit returns in those kind of strategies. >> where do you go? >> away from interest rate risk, toward credit risk, currency, sovereign emerging market risk, housing related areas of the fixed income markets. anything away from government-related areas of the market where you'll get a better, fair return for your risk that you're taking. >> so a lot of people get into hyg, the etf on high yield. you mentioned getting into high

yield. that has not performed -- it hasn't hit new highs with the market. as investors getting into that, what do they need to be aware of buying that type of fund or investment? >> great question. when we're talking about high yield and setting investor expectations for high yield this year over the last couple of years, investors have gotten used to equity-like returns. did 16%. where does it get that return from? from price appreciation. you have no more price appreciation in high yield. what's left is the income. so bring your return expectations down, you're not going to see price appreciation, but you will see income around 7% is what we should expect out of high yield. it's a fair return for the risk that we see for 2013. lots of liquidity, no the a lot of default risk. but scale those returns expectations lower and diversify high yield into bank loans into other areas that are better values as we see it this year. >> and jeff, those diversification, as far as the time frame of the diversification and how nimble you need to be getting in and

out of some of these, do you have a specific time frame that you guys would focus on? time frame as far as the folks running the money on the fixed income side? >> well, the diversification for 2013 and the time frame we're talking about is for this year for the year's outlook. we want to see investors diversify their holdings, talking about high yield, which has been a popular asset class, you can achieve similar type yields with lower risk through a bank loan product. so seeing diversification reduces some risk. and achieves the income that these products are best suited for. >> jeff, thanks for stopping by. >> thanks, everybody. coming up next, who would you rather "fast money" edition. jane wells is hanging around. this could go so many ways, jane. >> would you rather date someone really popular, solid, dependable, or maybe somebody a little less popular but could be exciting. what does this have to do with the stock market? we'll talk about it after the break. ♪

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♪ [ female announcer ] you're the boss of your life. in charge of long weekends and longer retirements. ♪ ask your financial professional how lincoln financial can help you take charge of your future. ♪ welcome welcome back to "fast money," i'm josh lipton. we're watching men's warehouse

which is rising in the afterhours. two headlines, one men's warehouse reporting a wider than expected loss on the bottom line. just missed on the top line. but here's the other headline. now saying it's hired jeffries to evaluate strategic alternatives for the k & g stores. investors reacting, men's warehouse higher in the afterhours. back to you. >> that the the key headline, josh lipton because the competitor joseph a. banks also earlier in the quarter were saying heavy promotional activity. >> you hate the way this headline looks. thank you very much. a stock that has some short interest also not terribly expensive. this is a bit of a relief, but i think people are reacting to the possibilities of maybe, i don't know, maybe a little combo. >> yeah. i mean -- >> speaking of combos, is that a men's warehouse combo you have on? >> no -- >> it came together in a package. >> i did this all myself. mrs. b.k. didn't help a bit.

>> gold star for dressing yourself today. >> i left my parachute pants at home. >> the dow is on track for the biggest point gain ever in the quarter. but is the blue chip index really the best barometer of sentiment. jane wells has been looking into that question. joins us now from l.a. jane? >> melissa, on the other hand it's like the college of cardinals, on the other, it's like the entire roman catholic church. the good, the bad, and the mediocre, one worth $4.25 million market cap. it was there since the 1890s, even as money managers benchmark themselves against the s&p and most etfs based on the s&p, one makes headlines, the other gets the work done, kind of like this. ♪ >> reporter: the dow is the beatles, legendary, the s&p is the stones -- still rocking. the dow is mobile, the s&p is

regular old internet, rodman versus jordan, alexis versus crystal, black smoke versus white. and while the emperor seemed most powerful, turns out darth vader was. luke -- identify always loved vader. bottom line, the best america has but the future is tucked inside the s&p. and also in the nasdaq. melissa? >> that's crazy. some of those metaphors were on, jane, but stones over beatles? no way, man, the stones needed the beatles to become what they were -- >> so did the s&p. >> what do you think about alexis versus crystal? >> i don't know what to do with that one. john? >> dallas. >> long both. but in all seriousness, guy -- >> the dow's a joke. >> thank you. >> the hacks -- >> it's not even, nobody talks about the dow. >> or willshire 5,000.

>> why do we always mention the dow first? why do we always say -- >> not on this show. >> the dow is up -- >> not on this show, jane wells. >> you should know better. >> my destiny. >> you are my daughter. >> coming up next, we trade the tweets lighting up our twitter feed much more fast straight ahead. [ male announcer ] i've seen incredible things. otherworldly things. but there are some things i've never seen before.

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from kim from kim kardashian to the chase bank website, seems no one is safe on the web anymore. president obama meeting with ceos including jamie dimon to tackle the issue of how the government and the private sector can work together to shore up cyber security. and doc, there are a lot of trades here because we saw a lot of them pop just before the state of the union address. >> yes, we did. and now at least some of the reason is today because michelle obama along with kanye west and as you say jay-z, their accounts were hacked. and here's a couple of the cyber security plays you might want to take a look at as far as ways to play that. caci, these guys handle that for

the tip of the spear, if you will, or for folks out there right on the cutting edge or bleeding edge sometimes because these are for soldiers and the like. next one, harris, these guys do the same thing more or less but for 125 different countries. mant, i like this one, as well, all of these stocks moving today, i don't think you have to buy them on this pop today, but if they pull back, they're going to continue to have interest over the next little bit. lastly, level three or l3, rather, communications. all of them deal in one way or another with various spy networks. whether it might be the cia, nsa, no such agency, or somebody else in the government. and this is the hard core security play. let's move on to our tweets and we love to get to them. let's get to them. this is for you. why the volatility in the refiners? >> that's a great question. couple things -- "wall street journal" article that wasn't favorable for them talking about

the federal mandate and the ethanol thing. downgraded the bank, and stocks parabolic over the last few months, you'll have a lot of volatility. still like the space, but i think you've got to let it play out. >> this one for you, will it go through? or is it derailed by carl icahn? the options are cheap, no way to make money here. what do you tell roberto? >> i like trading august 13 and 15 risk reversals. icahn's involvement obviously would be viewed as a positive for shareholders. if it's going to be a deal, price higher than the one previously negotiated. >> if we do get that expected equity selloff one of these days, where do you see gld and slv moving directionally. >> well, i would say that gold and silver, actually, have been pretty much risk off trades. they've been doing well when the market falls apart. i'm long gold, i think it goes higher, i would use 150 on gld. >> tim, this one's for you.

>> let's do it. >> for segue to ask tim a brick play. got an argentinian one? >> yeah, teo, a stock that's had a big run this year. a lot of people have rallied back in. and up 21%, this pays a decent div. where people are still expecting a massive devaluation and there's a question over ownership of assets. >> going to take a break here, but coming up next, we will reveal the winner of tonight's street fight. plus your first move tomorrow when we come right back. tdd#: 1-800-345-2550 seems like etfs are everywhere these days. tdd#: 1-800-345-2550 but there is one source with a wealth of etf knowledge tdd#: 1-800-345-2550 all in one place. tdd#: 1-800-345-2550 introducing schwab etf onesource™. tdd#: 1-800-345-2550 it's one source with the most commission-free etfs.

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