volatile day when all was said and done done 126 appointments, the first time this year that the dow had three executive down days in 2013. that was the real headline for this day. that does it for closing bell. thank you for joining us. >> thank you for having me. >> see you tomorrow on squawk on the street. >> fast money begins right now. >> live from the nasdaq market in new york city, i'm melissa lee. the market took another leg down today as investors worry about rising rates and the volatility in japan. tonight we are focusing on the hot stocks traders love to trade. let's get straight to our top trades of the day here. we kick it off with tess la finishing in the green today. they may be the hottest stock of the year up 190% already in

2013. what should investors do with this one? dr. j joins us to take this one up. >> i don't know why you wouldn't love this stock. look, in may the sales were down, the car sales were down about 15%. what's wrong with that? or a 95 forward pe or the fact this they lose about 30% on every car. what's not to like? here's the good numbers of course. short interest is huge. it's about 24% right around that range. and you've got fis kerr going out of business. that means anybody that wanted a $100,000 plug in car -- >> there's so many of those people around. >> about 5,000 of them. because that's about what tess la sells, right. fis kerr didn't sell that many and that's one of the reasons they went out of business. when you take the only other competitor out of the space because the leaf and the other plug ins, the volt are not competitors.

>> plus they're coming out with a model that's more appropria appropriately priced. >> up 193%? >> i totally agree. it's tough to get a read on short interest in real time. a lot of this has come down -- to me this is a cost cutting story. if this is the driver -- and i sense this has been the last move but as much short covering as anything. >> you look at the volumes of trade, 37 million trades. there were 14 out of the 20 days in may that this thing traded north of 15 million. >> have you ever seen anyone able to glamorize electric cars the way tess la has? >> no. isn't that neither here nor there? >> how could that be? perception is 70% of the market and in all stocks. >> how does a glamorous car get me to a -- >> it gets you over the hump. now he starts making a better battery, better car, gets more

people to buy the car. now he starts hoop la that everyone want that car. >> i'm going to make people buy that car with a better battery. >> mike, i know you hate the stock. >> i hate the stock, absolutely. i can't understand how on earth somebody could simply say, all right, just because they have built a hot car that necessarily means i want to invest in a hot stock. ultimately you buy stocks because you hope they're going to go higher and you hope that based on fundamentals and there's no fundamentals here whatsoever and even the most optimistic has trouble getting it. this sold 10,000 cars today versus 400,000 for bmw. this business is not high market unless you're porsche. these guys haven't had to deal with a recall. they haven't had to deal with servicing issues. they have guaranteed the leases. >> mike, you could also say you

were negatives on the stock at $35, too. i'm not necessarily saying it's a win all catchall but the stock has -- >> are you positive on the stock at $35. >> i love the whole idea. >> hold on. were you positive at $35? >> probably not. >> not because -- >> you're positive when -- >> it's not about where i was positive. it's about he has changed my mind on perception halfway through that move. that's where perception does count. >> are you an owner of the stock? >> no but -- >> all right then. case closed. >> i wouldn't have enough money to own everything i discuss. >> your perception is that electric cars are a cool thing. >> the market, yes. >> here it is trading ultimately because it's trading where it is

it's going to be unable to -- >> we got to move on. last comment, mike. >> the company only invests a couple million. that's versus $6 million at ford, $8 million at gm. tess la has to deal with that. >> dr. j, thanks for joining us. let's move on to lululemon that can't catch a break falling another five percent today after a double digit plunge yesterday after the ceo is walking out the door. here's what we heard when the news first came out earlier this week. >> yes, it is the chance you've been waiting for. the guidance comes in better than expected and still shows that you do have a cult following of this brand. >> here we are down another five percent. karen, what's your take? >> as we talked about this, there's something off in this story. it makes me uncomfortable. if the stock had come to a level

where maybe it was really overdone to the downside, then i might say, okay, they're not missing on earnings so they would have said right then maybe you buy. just because it's been down for two days, to me it doesn't make it anywhere near -- i still think it's extensive and we don't know yet the full story. something is off though. >> this stock is trading at 35 to 40 times before this news. goldman sachs is saying it's entering a new phase of life cycle. you can't be trading at 40 times, lose your ceo, don't have great leadership. you need to transition this company. >> to tim's point, when stocks like this, it's a cult stock so when they break, you can't trade these because you don't have the momentum anymore. those buyers are gone. you have to stay away from this. >> i get the argument about the ceo. that's a big wild card.

management is very important. when it comes to the multiple, you've said it. the current pe is 34. you look at nike, that's 24. underarmor is 51. why is this stock so extensive? >> how about gap at 15 times and express at ten times. >> but athletic gear is different, athletic apparel? >> i agree. i think that the future growth rate won't be as high. it may be great. i just don't think it's prized great right now. i don't think it's priced to own. we still have a big uncertainty. it was an odd transition. >> let me get this straight. everybody here no touch on lulu? >> i need it around $60. >> you sell, you don't short it here. >> hugh let pack ard, sdiet

falling sales the ceo seems to be selling investors on the turn around plan. listen. >> this is going to be a five year turn around to get hp running like it should for a company of this iconic status. you don't have to wait five years for results. we're just a bit ahead of where we thought we would be. we're 18 months into this five year turn around and where we have to be. we have a long way to go. >> the stock responded to her. >> meg whitman has the ability to turn this company around but she's demonstrated of how good of a sales person she is. the stock is up 100%. if you look at the deal with google they talked about the software and that's supposed to double in revenue by 2016. you look at market cap it's up $24 billion in the last six months. this is fully priced into the stock here. if you are fortunate enough to buy it on the lows at 12 or so

and you're up at 100% -- >> i'm not sure. it's been about cost cutting, a dead cat balance in terms of business model. good support for the stock at 20. i don't know that you have to short the stock but to expect this to ride higher on cost cutting and someone at the switch who knows how to run aan. that will be the linchpin but dell is undergoing management changes right now. hp can capitalize on that in the short term. >> who is going to capture the left overremains of the pc market, probably google with chrome book. >> what they're going after is the software business. you have ibm. oracle. so many competitors are not going to give up the business. it's a tough road from this point. a lot of low hanging fruit has been picked. >> bottom line, no touch for hp

either? >> i wouldn't touch it here. >> let's get to the broader markets. investors seem to be shocked by a recent spike in interest rates. let's bring in dennis gartman, publisher of the gartman letter. dennis, you say don't worry, why. >> i tell you rates are going to go higher, especially at the long end of the curve. there's no question. the fed has no intention of tightening the monetary policy. the fed likes a positively sloped supervisor but you don't need a bear market in stocks because rates went up next year. i'm bearish of the bond market. skeptical of the stocks for a while but if you take them down another five percent you're going to get me interested in it even if rates are going up. >> why is the dollar falling then? why is the dixie at february lows where we're rising on rates because the world is slightly better than the u.s. that makes sense why rates are

going higher but why is the dollar falling at levels we haven't seen since february? >> is that the only driving force? there's more going on than that. concerns over the deficit, concerns over the inability -- concerns over obama care, politic political circumstances, many other things driving the dollar down and it's still higher compared to the yen six months ago. it depends on what you are talking about. >> let's get back to rising rates, stocks can rise as well. where is the biggest buying opportunity right now? the nasdaq? >> if you make me buy something i'm going to buy nasdaq stocks. clearly high tech is probably going to be a much better phenomenon. the age of owning high dividend players has seen its play,

they're going to have a hard time. >> dennis gartman, thank you. let's check in on shares of h&r block moving in the after hour session at this point, let's go back to headquarter -- no. karen, you're trading this before. they preannounced before, correct? >> a little while ago so i hope what you are showing is that it's -- was that up in the after hours? >> yes. >> i like this name. i don't think it's this quarter of 2013 story but this quarter that they did announce is the big quarter of the year. big season ability in this business. i like the transition they have been doing and maybe we'll see them sell the bank. i like the name. >> whether they miss orbeat, the stock has a knack of grinding higher either way. hopefully it continues. >> does the word easy to wear, hard to resist mean anything to

anyone out there? if not, take a listen. ♪ >> yes, we are taking it back to the days of stetson and talking the pricing of cody as it gets ready for its first day of trading tomorrow. later on one of the hottest stocks of the d systems. the company announcing today the acquision of phoenix systems. we'll hear about the big announcement later. stay tuned. [ male announcer ] when gloria and her financial advisor

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>> seema mody is watching safe way. >> it's selling its canadian operations to soebys for $5.8 billion in canadian cash. that's a canadian retailer. the proceeds are expected to be used to pay down debt with the majority of the remainder to be used to buy back stock. after hours shares spiking higher. >> thank you seema mody. cat pillar investors find

themselves in a whole despite the increase. is now the time to get in. tim is a bull, brian is a bear. 90 seconds on the clock. tim, kick it off. >> from a impact perspective the devil went down to george. everybody knows mining companies are pulling back. dealers inventories in china were flabby. ultimately, this is a company who is still growing in other parts of the world. 10% in africa, it's a company trading at 12 times earnings. that's the most important thing here. you're very near the bottom of a one year range. it's not at 100 bucks. precrises arguably one half of the profitability was trading at 15 times. for their balance sheet and their earnings it was five and a half times. this is a valuation call on a company that's not dead in the

water. mining is not buoyant but not dead in the water all over the world. >> so we've heard from blue steel. here's what you need to hear right from the company. today they announced a dividend increase. that tells me they have nothing better to do with the money. if they were putting it back in the company, bk would change his mind. they are saying we give it back to the shareholders. mining is in a decline, tim mentioned that. their best thing is housing in the u.s. rising rates are going to put a crimp on the housing area. this is a name while it is down 12 times pe that's fine. but the world has changed for mining stocks. >> is brian kelly also there? >> yeah. >> i wanted to make sure. >> what's the verdict here? >> i'm going to go with tim.

what ends up happening here is people tend to price companies cheaply when they think the world is coming to an end and richly when everything is firing on all cylinders. this is a situation where you can buy a stock cheaply and even if they underperform you're getting a good deal. >> they are firing on all cylinders. >> who won our street fast. tweet us @cnbc. it's shaping up to be a pretty goodyear for ipos. jackie deangeles has a preview. >> renaissance cap tat estimates we could see 200 ipos and all eyes on cody. the stock begins trading tomorrow under the symbol coty. strong investor afternoon tight

because only a handful of consumer names have come to market. cody is known for sally hanson, stetson, calvin klein. the last few quarters have flattened out a bit blaming the slowdown on the relatively small share of the skin care market and they say they need to do better in latin america and asia. >> thank you very much, jackie. we'll keep you posted on the actual pricing of that issue when it does come. if you look at the competitors like es stay lauder or a vonn. >> they have great businesses but phenomenal price. this is going to come in cheaper and of the two cheapers ones i'd rather own coaty. >> i'd go the other way on this because avonn to me is a company who has been through their soul

searching period. coaty is not there yet. i'm looking for a company that's finding ats place in this market. avonn is a company priced for dead. >> look at that, the horses, the hair. >> look the way coaty stayed on her face as she was riding through the fields. >> again, coaty, we'll bring you the price when we get it. after the break we lay out how to trade violent swings in the yen. later on what name offers three day printing is making good on acquisition promises and has gains of more than 30% since the start of the year, 3 d systems. we'll hear from the company's ceo in a live interview straight ahead. >> everybody has to bring their best information each and every night. the entire trading day is the

preparation for the show that night. >> it's all about giving you a framework for how to look at the market. as the world has changed, our show has evolved. i am guy adomy and i am fast money. >> are you fast money? go to the nbc universal store. run with the big dogs. you get to take ownership of the choices you make. the person you become. i've been around long enough to recognize the people who are out there owning it. the ones getting involved and staying engaged. they're not sitting by as their life unfolds. and they're not afraid to question the path they're on. because the one question they never want to ask is

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>> how should you trade the wild swings that we're seeing in the currentsy market. dennis gartman joins us once again. these are historic swings we are talking about. >> they are. when you see three handle changes in three days in a row, a handle being one big figure change from 95 to 96. three is he'll unusual. i haven't seen action like this since the days of the russian problems in 8 97. these things frighten me. i'm cutting my position way down because of the volatility. >> way down meaning you went all the way until your fingers closed, dennis. what does that mean? >> i trade only for my only

account. i'd trade 2, $3 million at the most of the yen. i'm down to trading half a million, maybe a million dollars just to keep the volatility to reasonable. these are scary times. >> so you want to step away from the yen. how about the aussie trade? >> first of all i'm going to be bearish about the yen. over the next two years, dollar yen sees 125, maybe 150. again i traded back in the 1970s was the trade was 285. to think of it going to 125 or 150 is not that large a move for me over a broad period of time. i tend to trade one currency against one another. i'm going to be buying canada, aussie or kiwi and selling against that. >> always good to see you, thank you. >> how are option traders playing japan. mike has the action.

mike? >> both of these have seen immense upticks in interest. people have been trading these actively. usually with etfs you see more put big than call big. with these we've been seeing call buying probably because people are looking for inextensive ways to take speculative positions to the upside. one of the trades i was noting today was the july calls. those are trading at 50 cents. >> thanks for that, mike. options action every friday, 5:30 on cnbc. pop for live nation up 15%. karen? >> there was an arbitration that was settled today. this was three years in the running. it was unclear what would be the penalty. for live nation it is zero.

>> drop for first solar? tim? >> it's raising new money. they're going to possibly buy new projects. that scarce you to me in a world where solar is well over supplied. >> speck tra energy. >> it dropped its assets into mlp. gives us flexibility with dividend and pipeline projects. i would wait for the stock to settle in. >> mass co? >> the deutsch bank, industrials, they highlighted the reasons people have been bullish on the stock. $600 million of cost cutting and their goal for 11 to $12 billion revenue figure before the housing bubble came undone. that's speculative and the valuation is rich. i would avoid it. >> drop for leg mason down 3%. >> the whole asset management space has been under pressure

recently. if you look at demographically they're challenged over the next two to five years. i would be out of all these things. >> a pop for kanye west. the gold digger rapper p can't stay out of the news. the latest jolt comes from a bizarre interview with the new york times where he compares himself to steve jobs. he testifies he's the steve of the internet, downtown fashion and culture and predicts that he will be the head of a million dollar company one day. >> isn't the same guy that wore a skirt at a concert, not that there's anything wrong with that. >> if he's scottish. >> when you are in scott land, why not? >> coming up next we're bringing the world of about 3 d printing to the forefront. we have your first look at the headlines. stick around.

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>> welcome back to fast money. we're live at the nasdaq market in times square. let's look at tom r tomorrow's trade. barnes and noble expecting a loss of a buck a share. karen? >> now that i like the book business, i think they could meet expectations with a big loss. you have to be a believer in microsoft being there to own it. >> grew upon sholding it's meeting in chicago. >> i'd rather be a buyer of amazon versus grew upon. >> the u.s. open is kicking off in pennsylvania. we'll go to mike with the golf trade. >> two names you could look at. eli cal way is one of them. they're not making money nike at other one. tiger woods the favorite to win.

rory mcilroy is probably more important but you highlighted earlier in the show that this company rs trading 24 times earnings. that's a bit above average. the stocks don't typically run in june so i would wait. >> above average to who? >> actually i'm talking about to itself. i mean, at 24 times earnings what we would like to see is probably sub20. this is a little bit of a growth stock. the other way to play this had been fortune brands but they spun off with curb net which is a maker of titlist. >> iron you're in with the retailer of foot wear. >> i like foot locker. >> back to school? >> finish line has the? macy's story roll out. i look both, particularly foot locker. >> next, in her new book our own

karen fiederman reveals tips and tricks on how women can find success in both their professional and personal lives. mona scott young sat down with her to talk all things media, music and muscle cat toe. >> what i did after 20 years of building a management company, managing the premiere acts in urban music, i made a life decision. i decided i was no longer happy doing business in a dog eat dog environment. so i left all of that behind and made a decision to just switch careers and move from being a partner in the company to striking out on my own. ire formed mona entertainment and started following my passions which were television and brand building and product development and consumer goods. that was something that i always felt i had a skill set and

aptitude for but i didn't have an fortunate to explore it fully. i just took a leap of faith. >> do you think of yourself as a woman in business or a person in business? >> i think of myself as a person in business but i'm viewed as a woman in business. especially the industry, it's male dominated. i'm navigating men at times. i have a tendency to jump in head first. i don't know how they view me specifically but i feel that i hold my own. >> i would imagine that you have negotiated a number of deals in your day. >> absolutely. >> what is your style for negotiating? >> i have a tendency to want everyone involved in the deal to feel good about being in business with me, feeling like they got their money's worth and they got more than they ask for. i pride myself on reputation and relationship. >> having conquered reality television you are branching out again. tell us about it. >> my newest venture is mixed

fusions. it's a muscato ready to drink beverage. do you drink it? >> no, but i may start now. >> it's taken the wine industry by storm. we have taken it to the next level. >> is there anything else we should know about you? >> i'm a woman trying to fulfill her potential. there are so many things that we're capable of whether it's because we're told this or it's instilled in us that there's a glass ceiling of some kind. i love the idea of getting up every day and striving to shatter that. whatever i set my mind to i want to be able to accomplish. >> you can see karen's full interview with mona scott young you can log onto fast money .cnbc.com. >> i started that day and i found her fascinating.

she represented 50 cent. ll cool j, big names and decided i want to do something else, walked away from that lucrative business, started love and hip hop. it's just a wildly popular reality show. he is ambition unleashed. she is ready to conquer the world. i found her fascinating. >> full interview on cnbc.com. bk, our traders are quick but not always right. he fielded a twitter question on micron. >> wire house i like. it's that second play on the housing area. micron is a commodity to me. that had a pretty good run recently. i would not be in micron right now. >> regis got that right. micron is up 30% since that call and wire hauser dropped. what's the trade now? >> you want to listen to me

after that bomb? i don't know. actually, a couple weeks after -- that was in april. you started to see lumber prices come down so you needed to get out of wire hauser. i don't think you get back into that now. micron i have zero feel on. what i would do is not listen to bk. listen to yourself on micron. >> in case you weren't aware, there's a hedge fund club coming to the island of manhattan of all places. could this be a sign of a market top? we'll talk to the hedgy behind those hidden doors. still ahead what the streets waiting for on grew upon shareholders meeting tomorrow. we have your look on tomorrow. stay tuned. before they funded scholarships to the schools that gave them scholarships... before they planned for their parents' future needs and their son's future... they chose a partner to help manage their wealth, one whose insights, solutions and approach have been relied on for over 200 years. that's the value of trusted connections.

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>> seema mody. >> talk about an after hour mover. pvh posted first quarter earnings of $$1.31. $1.35 was expected. tommy hilfiger was up five%. in new york city america the stock up 7% after hours. >> we should know cramer has the ceo on mad money.

next right here the hardest hit sector here has been the financials. we saw again today concerns about city. there's a research note that you pointed out early in the morning say that city could face up to losses because of currency swings. >> look at goldman sachs. dennis gartman said he's trading smaller than he has in a long time and i am and everybody i've talked to is trading smaller. that's going to hurt the commodities area. they're going to get hurt on fewer people trading here. >> from the fixed income perspective it's been about people unwinding, big interest trades. as you get farther than the credit curve this is a boom for these guys. during the most extreme periods of volatility they're making a lot of money. >> then it's over.

people aren't going to come back as they did in the past. >> what's going on here with the financials is i don't believe that the housing market is falling apart. i believe you have 150 basis points before you squel much this. the treasury is on a ten year level 275 area. good for the banks, steeper yield curve. a lot of guys haven't made the money that people expected them to do. their earnings haven't been that supported over the last few quarters. i think the word gets better for these guys. the credit story behind their consumer and behind the mortgage is getting better. >> does the run in the stock reflect that? >> i don't think so. ultimately again we always talked about normal lies earnings for these guys. we're getting to a place where they get down that track again. >> i agree with tim. in city you have a credit quality improvement as part of the story. in bank america i don't think you're going to have those

currency swings. jp morgan, i do think of them having good risk control. i like all three of those names and i wouldn't be trading around them because of this volatility. >> that's the separation there bank america is seen as the winner if you are looking fo escape the exposure. >> mike, quickly on financials, what do you see? >> i agree that i would be bullish on all of this. these are really opportunities than anything else. the whale is a good indication even if there were currency exposures, that's the scale and scope relative toll balance sheet that we're talking about. jp morgan survived and so will city. >> 3-d systems one of the hottest stocks, shares rallied almost 1,000% in the last three years. that plan to acquire 80% of phoenix systems. it's expanding opportunities to key sectors like industrials and health care.

we're joined by the ceo of 3-d systems. it's always good to speak with you. >> thanks for having me. >> obviously this is a cult stock. we got to put it out there because of the tremendous run that you have seen. i'm going to play the bear here in our discussion. today you're announcing the acquisition of phoenix systems. this is the 32nd company that you have acquired since august of 2009 which would make it one acquisition every 42 days. bears will say you're time is going to be eaten up by integration. what can you say about phoenix specifically and how you're going to integrate that into your current phoenix. >> we think there's a great deal of corporate sponsorship that encourages us to invest in meta metals. we see advanced manufacturing taking hold in large corporations like general electric and others. we think it's timely and important to our advancement initiative.

as far as the integrations, we have done extremely well with integrations. they have gone without a hitch. when you do over 30 integrations in several years without a hiccup and your margins are extending and you're operating results are improving it becomes competent and evolves well. >> quite a few players in the 3-d printing space. maker has been rumored as a target. any interest on your part? >> we always look at opportunities but as it pertains to entry level i think we've already build a powerful presence and we have taken on our 3-d printer and others not far behind them. i feel that we're extremely well positioned. >> let's talk about that deal with staples. that puts your 3-d systems for the consumer level on the

shelves by the end of this month. william blair had a down grade in mid may and even if you told 10,000 systems per year that would only be a few cents for eps at best. what are your projects here? >> we expect that staples will obviously enhance our presence. we haven't given projections on it. but i would point out here that a, our consumer initiative is a complete upside to our business models as it stands today. over 95 of our revenue comes from manufacturing opportunities which are on the rise. secondly, our consumer initiative has exceeded our expectations. we have done so while extending overall growth profit margins for the entire company. so, you know, i would say that it's premature to discount or

downgrade our consumer initiative. it's going extremely well. >> one criticism of your company and of management is that managers, top managers had been selling the stock to the tune of about 20% of holdings, you included. why is that? >> i think that after ten years with the company the dye vest tour of my holdings doesn't constitute a trend. i'm still holding 80% of my shares. i've been holding my shares for more than a decade and i intend to continue to do so. i have done it in a very transparent and straight forward way. >> we're going to leave it there. thanks for your time. >> thank you. >> the ceo of 3-d systems. as we said, very hot stock because of its tremendous run. >> we talked at the top of the show of hpq how they're trying

to revolutionize their business. to me this is how you do it, buy triple d. if i was meg whitman i would be talking to avy right now. >> i guarantee you she's having a lot of meetings involved with 3-d, 3-d systems, not with them directly but with the technology. that's the next step for them. >> the growth is priced multiple. >> 100 current pe. >> there you go. ultimately this is something that the market starts to expect -- i don't think he's selling shares. he's a core shareholder. he built the company. he needs to get some money out. that doesn't concern me as much as the multiple. >> i don't know if it can price in growth. it just matters if this technology stakes takes off on industrial are level that's how you price it. >> industrial and consumer level. this is a growth story that i sort of find intriguing. >> really? >> the value girl can possibly

see buying 3-d systems. this is big. >> you have the pie growing substantially, however it getting more crowded. i don't know what that means for their margins. if they can continue to have big margins or growing margins it wouldn't be shocking to see the stock higher. >> first for everything. >> coming up on mad money, the spurs own the heat in game three. can san antonio top miami when it comes to stocks. don't miss kraimers's sclusive with the ceo. ahead on fast, an inside look at an up and coming hedge fund club coming right here to the island of manhattan. . o create our future. you get to take ownership of the choices you make. the person you become.

i've been around long enough to recognize the people who are out there owning it. the ones getting involved and staying engaged. they're not sitting by as their life unfolds. and they're not afraid to question the path they're on. because the one question they never want to ask is "how did i end up here?" i started schwab for those people. people who want to take ownership of their investments, like they do in every other aspect of their lives.

>> have you ever asked yourself, i wish there were a cool place in mid town manhattan where i could hang out with my hedge fund buddies? >> aults time. >> you're in luck. one of our fast money friends is about to open a hedgy clubhouse. anthony is one of the pro pry

ters of the hunt and fish club. great to see you. >> great to see you. sounds like a hedge fund a a cool place is an oxy more on. >> i was thinking that. no comment. if you are going to open a restaurant, hedge funds, attracting the hedge fund crowd, this has to mean something. >> the guys from southern hospitality which i own a piece of with justin timberlake came to me. dave barrett used to be at morgan stanley, him and i always say wouldn't be great if we had our own place and we could invite our friends and sort of like the cheers thing where everybody knows your name and that sort of thing. hunt and fish came from hedge fund club. it's not a club where it's going to be exclusive. it's literally two blocks away from our studio up on 44th street. it will be accessible to the public. the hunt and fish stands for hedge fund club but it's also a

steak and seafood place. i think it will be a lot of fun for people. melis melissa, we're counting on you to hang out in there with me after the show sfl total lee. all over it. >> you too, karen. >> tim, you could be a short order cook, emphasis on the word short. >> oh. >> the pot calling the kettle black there. >> anthony, we got to go. we're going to visit though. >> it's not a top but the bond markets is going to be shaky. >> thanks for that tlae. good to see you. at a dry cleaner, we replaced people with a machine. what? customers didn't like it. so why do banks do it?

hello? hello?! if your bank doesn't let you talk to a real person 24/7, you need an ally. hello? ally bank. your money needs an ally. [ agent smith ] i've found software that intrigues me. it appears it's an agent of good. ♪ [ agent smith ] ge software connects patients to nurses to the right machines while dramatically reducing waiting time. [ telephone ringing ] now a waiting room is just a room. [ static warbles ] [ telephone ringing ] now a waiting room is just a room. in parks across the country, families are coming together to play, stay active, and enjoy the outdoors. and for the last four summers, coca-cola has asked america to choose its favorite park through our coca-cola parks contest.

winning parks can receive a grant of up to $100,000. part of our goal to inspire more than three million people to rediscover the joy of being active this summer. see the difference all of us can make... together. [ engine revs ] ♪ [ male announcer ] just when you thought you had experienced performance, a new ride comes along and changes everything. ♪ the 2013 lexus gs, with a dynamically tuned suspension and adjustable drive modes. because the ultimate expression of power is control. this is the pursuit of perfection. how old is the oldest person you've known? we gave people a sticker and had them show us. we learned a lot of us have known someone who's lived well into their 90s. and that's a great thing. but even though we're living longer,

one thing that hasn't changed: the official retirement age. ♪ the question is how do you make sure you have the money you need to enjoy all of these years. ♪ >> the winner of the street fight, tim. >> karen. >> foot locker. >> i'm melissa lee, see you back here tomorrow. don't go anywhere. mad money with jim cramer starts right now. my mission is simple. to make you money. i'm here to level the playing field for all investors. there's always a bull market somewhere. and i promise to help you find it. "mad money" starts now.

hey, i'm cramer. welcome to "mad money." welcome to cramerica. other people want to make friends, just want fewer days like today. my job is not just to entertain you but to educate and coach you. so call me at 1-800-743-cnbc. to accept the beatdown or not accept the beatdown. that is the question. to accept the thrashing that