this will tell you to go to a doctor before a potential fatal cardiac incident hits you. yes, the growth in technology changed industries but the impact on health care that is continuing and it will certainly create new startups vetable ideas and you will want to watch this. we'll be bringing you dechblths. if you would like to read my post checked out linked in for my op-ed. let me know what you think of it. have a great night. i'll see you tomorrow on closing bell. fast money begins right now. >> live from the nasdaq market site in new york city i'm melissa lee. let's get straight to the big story we're following tonight. usa usa markets around the world were falling apart the nikkei in a bear market and the rest of

asia selling off. the u.s. finished with gains of more than one percent across the board. is the united states of easy money also the greatest trade in the world. bk kick it off? >> greatest trade in the world i don't think so. there's probably better places to be in the world at this point in time. i did cover most of my equity shorts this morning. what you saw this morning was all the bad news came out there. the nikkei down six percent, the yen falling apart, europe falling apart. due important coming out with terrible earnings and the market wouldn't go down. >> so covering shorts doesn't necessarily equal bullish, does it? >> the way i'm looking at it now we make a retest of the 22nd is, around those levels and we'll see what happens. over the next week we have the fomc coming out next wednesday. there's not a lot of news until then. so you could get one of those

vacuums up. >> bk had a brief pause. we saw that hoagie. >> that's a hot dog, mister. all american hot dog there. >> anyway i'm freakishly in bks camp although the best trade i think the tlt reversed on i believe it was -- i forgot what today is. reversed on today. we talked about it on the show. it's been somewhat -- not off the races but traded really well since. i thought the rally in the tnt with coincide with the equities we saw today. today is a mirror image in the s&p as may 22nd was. almost had a reversal to the upside, missed it by a point in the s&p. now technically you should have another 25 30 handles. >> karen, are you bullish? >> i have been sort of bearish for the last couple of weeks.

we are a long biased fund but i thought this morning what was happening in japan i think is still really scary. so i'm surprised by this move actually. >> what are the options markets telling us? . it was a black hawks rally! seriously melissa, there was a lot to what all three members said. jae, japan was down but china was closed for a three day holiday. a lot of people that were playing catchup -- >> you're writing off china? >> no. they came in to get balanced and as they got balanced in japan that drove it to that six percent decline. look at the ewj, it finished up here three -- not three, 2.3%. big rally back for that. i'm not saying it's directly nikkei 225 but an awful lot of

it. the emerging markets, huge rally back in the eem. should that have happened if the rest of the world was going crazy. >> stephanie link was pointing out withinon twitter what happened with that. >> it's the currency move. you also have to look to europe. we have keep our eye off of that for a while. what you saw today early this morning you had a big u.s. bank come in, sold a bunch of italian and spanish debt the u.s. dollar sold off, the yen sold off so that's a carry trade. once that firmed up the market took off and then all we had was the end of the day but that was gasoline on the fire. >> is america the best trade in the world. mike, i want to go to you because open hiemer was talking about a rotation from japan ease

stocks and a rotation to u.s. stocks as a safety play a safe haven trade. would you agree with that? >> i think they should be rotating into cyclicals. the options markets are suggesting that that's going to be the case. that's what we should be expecting given what the bank of japan is up to. let's look at the u.s. market. the vix is at a healthy level else coming off as it did about two points today. you still have a lot of names that look cheap even relative to the s&p. sysco, general motors deer. boeing which are more extensive are going to do better than 20% growth this year. this is where people should be investing their money and keelg comfortable about it. >> you said 25 points higher potentially on the s&p.

you covered your shorts. what will it take for you to be in guy's camp? >> i'm not some raging bull. >> neither am i to that extent. i think we're looking at 25 50 p points higher in the sap. we test those high. what will it take for me to go short again? >> once we get to those levels let's see how the global markets react. it's going to be -- it's going to be path dependent. lets see what the news is and how the market reacts to that. >> we were in full gul mode. people were -- the guls were out in force for the last five or six trading days. they overextended their welcome, got caught short down there at the bottom. they were looking for 1600. as soon as everybody said 1600 is the number that's when you knew it wasn't and it turned and burned to the upside 30 handles. so i think a lot of folks overplayed their short-handed

here and now we'll see whether or not you can see that covering going higher. >> let's dig deeper into the global selloff that we saw. this two month chart of the nikkei sense abe nom iks was announced. let's bring in the ceo of pim co. good to speak to you. when we're talking about nikkei we're talking about 7 tenths of a difference. what do you make of the bank of japan and their effort? can we chalk it up as a failure yet? >> i think the market is rightly questioning the effectiveness of the bank of japan, not the willingness but the effectiveness. and do so for a number of reasons. we have yet to hear about the structure reforms. remember central bank liquidity is a bridge. that's about structure, reform and growth. second, japan is trying to do a lot and can only do that through capturing demand from other

countries. finally the initial conditions are the worst possible. they have the lowist popsy credibility and bad demographics. you're seeing the market questioning the effectiveness of unconventional policies in japan. >> i'm curious, from your perspective what happened to the great rotation that we talked about? it feels like a great pumpkin, we're waiting for it and it doesn't show up. today we saw bonds and stocks move up. bonds sell off again is the equity market vulnerable? >> compare the last 24 hours. items incredible how much information 24 hours ago people were worried about the central banks willingness to support the market. why? second they were wondering about effectiveness because of japan. third, the economic data was mixed to weak and liquidity conditions were horrible. 24 hours later we have somewhat better data. the indications suggest that the fed is trying to tell the

markets wait a minute we're not going to tighten that quickly but we have a question mark about japan and liquidity. >> when you say the indications are that the fed wants to say hey, markets, hold on a minute is that the hills and wrath column? >> it is. even last saturday in the "wall street journal" you had the first notion that they're uncomfortable with the word tapering because that session that you go to zero. they want to give the notion that they may actually go up or down. so the fed is trying to change the narrative and i think for good reason. they along with other things triggered this assault on carry trades and this assault an carry trades translated to liquid dye dislocations that were cascading through the markets. that scared them in washington. >> i want to ask you specifically about a tweet that your colleague, bill gross, sent out earlier this week. he said feds not raising interest rates for years, that makes intermediate treasuries a buy at 2% plus.

what are you doing in your portfolio? >> we think that the first phase of a liquidity withdrawal is selling of all assets and we saw that. everything went down. the second phase is bick dated by a view of fundamentals and how tech kals are going to evolve. we don't see the u.s. growing by much more than two percent a year. therefore there's value in the certain part of it. there's value in certain markets like mexico for example. our expectation is the indiscriminate selling that was phase one of the assault on carry and the stock liquidity will give way slowly to much more differentiation. >> let me ask you, for the mortgage backed security trade which is backed up quite a bit, do you see that as having an

effect on housing? >> absolutely. you see that already in terms of what has happened to financing. that's why this economy is fundamentally weak. every time there's a questioning offen conventional policy and experimental monitorization, it weakens the economy. that's why it's a very did delicate balance. it may look stable on top but the underneath is fundamentally dis equilibrium. >> what's the trade here? >> to buy tlt like guy was saying. that's the place to be in. it's going to have the most bang for your buck particularly with the apple omc coming out. >> agreed. you could see that the ten year yield go back down to 1.65 or 1 and a half percent if what i think is happening is happening. japan has lost control, the

flight to quality will take refuge refuge. >> how quickly can japan get back to control. >> that's the thing. the jeannie is out of the bottle. it hasn't been pleasant. that was a 7% move. that's unprecedented stuff. >> the problem is their bond market is so giant they will have to print so much yen to control that that you end up creating inflation which p hurts the bond market and it becomes a downward spiral. >> isn't that what they said about qe though? >> i guess, maybe. >> but the magnitude is so much grater. >> the size of how much yen they're printing as to the gdp is so much bigger than what the u.s. did. >> before we break let's check on one after hours mover, smith & wesson coming in better than expected.

guidance coming in up by almost six percent. still ahead the company that brought you per fumes by beyonce, halle berry raising a billion dollars today. why is karen not excited about this stock. big changes could be coming to your iphone. apple looks to go big or go home. back in two. tdd# 1-800-345-2550 that i haven't even looked away from my screen. tdd# 1-800-345-2550 ♪ ♪ tdd# 1-800-345-2550 that kind of focus... tdd# 1-800-345-2550 that's what i have when i trade. tdd# 1-800-345-2550 ♪ ♪ tdd# 1-800-345-2550 and the streetsmart edge trading platform tdd# 1-800-345-2550 from charles schwab helps me keep an eye tdd# 1-800-345-2550 on what's really important to me. tdd# 1-800-345-2550 it's packed with tools that help me work my strategies, tdd# 1-800-345-2550 spot patterns and find opportunities more easily. tdd# 1-800-345-2550 then, when i'm ready... act decisively. tdd# 1-800-345-2550 i can even access it from the cloud tdd# 1-800-345-2550 and trade on any computer. tdd# 1-800-345-2550 with the exact same tools, the exact same way. tdd# 1-800-345-2550 and the reality is with schwab mobile tdd# 1-800-345-2550 i can focus on trading anyplace, anytime... tdd# 1-800-345-2550 until i choose to focus on something else. tdd# 1-800-345-2550

[ male announcer ] all this with no trade minimums. tdd# 1-800-345-2550 and only $8.95 a trade. tdd# 1-800-345-2550 open an account with a $50,000 deposit tdd# 1-800-345-2550 and get 6 months commission-free trades. tdd# 1-800-345-2550 call 1-800-578-4439 tdd# 1-800-345-2550 and a trading specialist will tdd# 1-800-345-2550 help you get started today.

>> let's get to the top three trades for today. first up a new way to play. personal cosmetics company, coty hitting the first day of trading pricing in the middle of expect range. karen, do you like this one? >> this coty debut was unimpressive, middle of the range. they didn't raise that much money and still didn't trade great. this is a pretty good day to trade football. that's disappointing. it reminds me of buy the best not the cheapest. so this isn't the way to go. >> 69% of ipos in 2013 are trading above operating price. the fact that coty didn't do well may speak to the appetite or lack of. >> maybe we start using

cosmetics. >> are you a stetson man? remember that? >> yeah. >> look right there. >> that was me on a horse. >> the hat and the hair. >> i miss those days. >> i miss the hair. >> you still have the hat in the green room right? >> and the horse, too. all right, next up, the red hot housing trade cooling off. >> 9.5% move. then you look at mass co wirl pool toll brothers they were in that correction territory, some down as much as 15% but they turned and burned today. volume was strong as well. this is what people were waiting for an opportunity to get back into some of these names to the top of the show where you were

saying usa, usa. what's the strongest part of the united states story right now? recovery in housing. >> back berry trading higher on the back of an upgrade at soft jenn. >> some of the things we said in our street fight earlier this week if you recall. >> are you implying that soft jenn was listening to you? >> i'm not implying anything. you're connecting those dots. the company clearly still has issues but the stock doesn't have issues. the risk reward sets up well. you risk 13 on the downside and 18 and a half to 20 price range. the momentum favors the bulls. >> apple, go big or go home looks to follow in the footsteps of competitors. the company is launching new iphone variance with bigger screens and cheaper price tags to keep up with samsung.

steve, always goods to see you. >> good to be here. >> the next line of iphone 5 is expected to be the same size according to your checks but iphone 6 is going to be the bigger one. when will we see that? >> maybe the first half of next year. we expect a lower end price phone to come in september with a four inch form factor. next year you might see a larger foreign factor from apple. i would say four inches. we haven't seen the phone yet but you might see it next year. >> so a 4.8 inch phone verse 4 inch phone doesn't seem like very much. the fact that apple is coming so late to the party with a bigger phone, is this going to make a difference? >> it helps. apple is so big and successful with the iphone that new

products probably have 2 or $3 of earnings roughly. you need new products to get the financials working. i'm not sure how much surface area it gives you. it's actually pretty significant i think. in the past apple was concerned about being able to manage the phone with one hand and been very clear that they don't want to make tradeoffs of resolution just to get a bigger phone. i don't think they'll go much beyond the 4.8 inches. >> steven it sounds like apple might finally be listening to what people want instead of as steve jobs famously said how do you know what you want unless i tell you. in other words if people migrated over to the samsung products but others because of the size, it makes sense that apple would address that. do you think they're also going to look at an emerging market or cheaper version iphone to be coming out in the early first quarter next year? >> i think they will have a lower end phone.

again perhaps as early as fall this year. the problem is we're thinking 350 to $400 which really isn't a low end phone. that's the best a immediate range phone. i'm not sure they're going to go much lower than that. they're listening to people and perhaps underestimated new marketing opportunities but apple's mantra is making better products, not more products in contrast to samsung and android. they're a premium brand and they can't chase everything in the marketplace. i think they're going to make the tradeoff. in the short term it may not be what wall street wants to see but i think there's a lot of brandty brand equity that they need to pro protect. >> why not make it competitive with the products in the market as opposed to increase the screen size by.8 inches and have

a phone $150 more than the competitive phone? >> they want to have the best products. the problem is it's a little hard to see how you just defunct a current phone and, yes, the price comes down but what's really different and exciting. you might say for somebody who couldn't afford that class of a phone before it's exciting where you or i might be bored by it. that's the question of 5 s. we think it might have fingerprint qualification but it's unclear how different that's going to be as well. >> steve, thanks for your time. karen, is that going to be enough for apple? >> no. that can't be all i think even though the valuation is chief that can't be enough. >> if you look at s&p chart look at a qualcomm chart, same thing.

it's been trading awfully. traded against 60 and a half. >> i want to ask you about the issue of apple addressing its competitors with a lower end phone and a bigger phone but not really low end and not really much bigger. >> a lot of folks are going to focus and it sounds like karen was as well about p whether or not they make money from those particular phones which to me is not the issue. the issue is the $335 they make from every single person that purchases an apple product. that cash flow is $95 per person that buys something from apple because they're going to use the mac store, the itunes store and the rest as well as the retail stores. getting them into the oak co system that's why it's so valuable. for all those people that traded over to get the samsung or the people that wanted the emerging cell phone company to expand that, that is huge.

that's going to be big for apple. >> check in with josh lipton on restoration hardware. >> we are watching it here ripping higher in the after hours, beats on the bottom and the top. sales jumped 41%. for the second quarter also better than expected. the stock up more than 90% just this year. back to you. >> they also announced of course going into other businesses rh kitchen which would put it -- >> and you're looking at williams son ohm ma there and urban outfitters. >> do you like rh? >> i remember also the short interest. i'm a little afraid of it here. i actually think i like williams sonoma better. >> we have hammered this home now. another short interest stock and you see what happened. it's impossible to play the individual names from the short side. for me specifically the short

side. you scratch your head. the quarter was a tremendous quarter. you can't argue with that but should it be up as much as it is. they made a new all time high today and you're up another ten%. >> coming up will the latest edition in the superman saga set to hit the silver screen tomorrow be enough to boost disney's bottom line? >> fast money means trading. 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 adami. i am fast money. >> i'm pete najarian i am fast

money. are you fast money? order your fast money tee. run with the big dogs. ing he has. the 401(k). insurance policies. even money he's invested elsewhere. we're building a retirement plan to help him launch a second career. dave's flight school. go dave. when people talk, great things can happen. so start a conversation with an advisor who's fully invested in you. wells fargo advisors. together we'll go far.

some people are never satisfied with a good idea. because they know that things can always be better. well, us, too. introducing the redesigned 44-mile-per-gallon-highway civic hybrid. from honda.

>> latest installment in the

superman man of steel hits theaters tomorrow. will it be enough to boost diz disney? >> it's not about superman as much as i'd like it to be and i'm sure as much as disney would like it to be. it's about planes which is like cars. i think that's going to be huge. also competition from nbc sports and fox sports have focused disney and made them tighten their belts. theme parks, i don't want to be short this one going into the summer. you may be willing to put on the bear suit but that suit gets too hot. i have been to disney in the summer when it's 100 degrees. >> what dock j is relying on is a lot of luck.

he can wear a shirt today but let's talk about disney. down 2% this year. everybody is talking about how abc and espn are going to have great ratings. it's not happening. let's go to superman. while they are looking for 115 million dollar this weekend, everyone is expecting stock to go down. if it goes lower, stock goes down. it beats stock goes up. >> like i said it's not about superman. it's going to be about planes short term very short term. >> superman comes in light, disney is going down. >> but they're going to be looking ahead to the theme parks. >> in this market i don't have time to wait. >> has nobody mentioned star wars? >> huh? >> star wars the impact. mike, where do you stand in this street fight?

>> i don't think superman is going to have much of an market. the movie studio business is small relative to disney's business. you see consumer confidence rising that probably is going to fuel that part of it which is 30% of revenues. espn is one of the stickiest bits of entertainment and profitable as well. >> we want to know when you thought won our street fight. tweet us using hashtag bull or doc or hashtag bear for beakers. men's warehouse up 6%. >> you're going to like the way you look if you are a shareholder. good earnings good conference call. nice job by them. >> drop for adt down 1%. mike. >> they were presenting at the william blair growth conference which is ironic because this is a company that people are

concerned is going to face competition from some of the broad band like fios. i don't think the valuation. >> pvh. >> it was a pretty remarkable quarter. i didn't think the guidance was great. this stock has been a rocketship up ten percent. you got to wait for this to pull back. if it doesn't you missed it. don't get long here. >> talk about huge pop gannett. >> you don't see this when one company buys another. apparently the market liked it. you got a 30% pop. i still like them but nothing wrong with moving the register. >> hall burton. >> it does heavy turnoverades up about 3.5% easing after hours but i like it. >> breaking news here.

>> i just got off a white house conference call in which the white house officials announced a significant uptick in u.s. assistance to the syrian opposition because the united states has formally concluded that chemical weapons were used by the assad regime. they said it was both political and military. so far they have been providing nonweapons assistance. most people said they didn't want the united states government to intervene militarily. obama said a red line was crossed and there will be more u.s. effort to the rebels. where does it go from here? no fly zone actual bombing by

the u.s. or the coalition involving the u.s. all of that is going to be discussed at the g 8. which was a significant move by the administration. we'll have to see how it plays co out in the coming weeks. >> the markets don't look like they're reacting too much to this news. tomorrow you'll probably be looking at oil. >> you asked me what would turn me bearish against something like this. oil has been unchanged but if you get escalation in the middle east oil goes higher gas prices goes higher i'll get my bear suit back on. >> nomura the nikkei says it's going to 1800. why one wall street player says the em is the next ticking time bomb. 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. ♪ ♪

farmers presents: 15 seconds of smart. so you want to save on auto insurance? drive a hybrid. get good grades. lose the bling. go paperless. combine policies. make automatic payments. and of course, talk to farmers. hi ♪ we are farmers bum - pa - dum bum - bum - bum - bum♪ >> welcome back to fast money. we are live from the nasdaq impact site in seems square. let's head over to asia right now. >> futures are suggesting an

oversold bounce could be likely today. your market was stronger, dollar recovered on the as well. so that should help cap the rise on the japan japanese yen. market volatility is a big wild card here. there's a major unwind of short positions. some are saying 9260 could be the next stop. if we see dis sense in the ranks of policy makers on the target within two years, in a nut shell as for long term investors many are saying this is a buying opportunity. >> thank you very much. it does look like we're going to see a bounce out of japan. let's stick with asia. this made waves this monk.

nomura saying it has not given up on abbey nom iks. they raised the forecast from 1600 saying we have not seen the full impact of abbey nom iks or household incomes. would you agree with this bullish call? >> the time frame by the year end i'm not sure but the volatility would suggest you have the potential to get there. 4% gdp in japan so they're one of the better economies and a lot of the selloff had to do with the unwind of the carry trade and the liquidity. if you get that to firm up and japan prints more yen, yes. >> the united states has already had three qes and as far as this one i think japan is just in the early stains of this. if you want to fade them do so at your own peril.

>> is emerging market debt the latest ticking time bomb in a sea of violent marketing moves? larry, always good to see you. ticking time bomb is pretty incendiary. would you agree with that? >> we have a qe conundrum. this week we had the largest spiking currency since lehman on a percentage basis. if you think about the banks around the world, they're long a lot of currency risk in a lot of bonds. it sets up a strange dynamic. lastly, the last time we had this type of really sharp currency in bond price volatility was right before long term capital. it sets up those dynamics. >> you mentioned lehman brothers because if we look at the

emerging markets that saw the biggest decline also bond funds as well. so when you talk to clients, what do you tell them about what is going on about this ticking time bomb and how you trade around that? >> this isn't a joke but you think about the movie franken stein. there's a scene in the movie where he gets up and attacks the doctor. the side effects of qe manifests themselves around the world. those side effects, the market is starting to play games with. that's what i'm telling clients, with the emerging markets dead qe is forced capital into weak places in the world. and it's really the opt of capitalism. capitalism should put money in strong hands. so we are very careful of some emerging markets debt and companies in the markets. >> i'm sure michelle will be

happy to hear that we are we are using her book for this purpose. in asia or europe there's a book on the verge of -- almost if you think about it by definition it has to be out there somewhere. do you believe that there's a book out there that's not positioned for the volatility? >> absolutely. >> absolutely without a doubt. >> we have always seen this in our careers, a month later we'll see the news and it will be in the headlines. think about bernanke coming year-round. he's exiting. i think what's going on in the last month is he doesn't want to throw everything on yellin's risk seat. think about back to '87 you had green span coming in.

bernanke wants to put a fire hose on the fire here before he leaves. >> we are out of time but i can't let this statement go the notion about this book that's ready to explode out there. are we going to see the ripple effect of that? if this exists is this going to pose a risk to our system? >> i would say enjoy the rallies trade by fear though. if it creates a nice fear moment, your greatest moment of fear do the opposite of what you want to do. the people that bought fear the last four years made the most money. >> coming up next the biggest story sure to rule the tape. bullish activity in one fiber optics supplier. we'll tell you how to play it after the break. vo: 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 afraid to question the path they're on. beca use 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. so you can use ink for all business purchases. so you can capture your receipts, and manage them online with jot, the latest app from ink. so you can spend less time doing paperwork. and more time doing paperwork. ink from chase. so you can. here at fidelity, we give you the most free research reports customizable charts,

powerful screening tools and guaranteed 1-second trades. and at the center of it all is a surprisingly low price -- just $7.95. in fact, fidelity gives you lower trade commissions than schwab, td ameritrade and etrade. i'm monica santiago of fidelity investments, and low fees and commissions are another reason serious investors are choosing fidelity. now get 200 free trades when you open an account.

>> fast forward to the top three trades sure to drive the market tomorrow. toyota holding shareholder meeting tomorrow while clocking in at the top of the game in global sales in 2012. how about the violent swings in the yen? >> everybody is thinking that they're going to be supported by a decline in value of the yen.

toyota being a beneficiary of that in terms of the appreciation of the stock price. regardless of what you think about asian sales which are good and they have cut cost which are good the valuation is stretched here. you can buy volkswagen at about half the price and that would be a better way to play it. >> i would get out of gm get out of ford takes profits in those. look at car sales they're sag nating. i'm out. >> tomorrow morning after surgicaling to highest sales will the recent market show a pull back in sentiment or will the pick up in jobs signal more strength? >> as long as the markets stays strong it will be fine. tiffanys that's what you need to look at in terms of gauging this thing. there are certain properties that will always have value. tiffanys is one of them. the stock spiked. it's been going down ever since.

it was down today. go back and look at this same period of time in 2011 the exact same thing happened. so tiffanys if you are buying it from a long side you're praying. you want it to go down to 70. it gets interesting. >> what was the name of her book again? >> finerman's rules. check that out. >> exactly. >> it was in the book. >> it was in the book. >> what a segue way. >> last up smithfield foods out with forth quarter earnings. will the deal undervalue the earnings potential? >> i'm so glad you had to say that because i could not pronounce that. so the people i talked to think it's going to go through but are aware it's political football. that's the big thing here. ultimately it will bring jobs to the u.s. most people think the deal will

go through. hog prices up at two year highs. it's probably a win-win. >> shares of finisar are up. >> the june options which expire next week saw a lot of activity. for comparison usually 740 calls trade. ten times the average daily value. they were paying about 40 cents for those and there is going to be news next week they announced earnings on the 19th. this stock has been volatile around earnings moving more than ten percent. in 2011 it got sawed in half. there are people thinking it might reverse course in pop on whatever they're going to announce in the middle of next week. >> catch more optioned tomorrow at 5:30 eastern time.

don't miss cramer's match up between two stocks that have taken a beating but could be poised for a come back. jim crowns a winner all that and much more. coming up next why dr. j might not be smiling about a call on one specific network solutions name. stay tuned. ♪ ♪ [ cows moo ] [ sizzling ] more rain... [ thunder rumbles ] ♪ ♪ [ male announcer ] when the world moves... futures move first. learn futures from experienced pros with dedicated chats and daily live webinars. and trade with papermoney to test-drive the market. ♪ ♪ all on thinkorswim. from td ameritrade. ♪ ♪ [ 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. this man is about to be the millionth customer. would you mind if i go ahead of you? instead we had someone go ahead of him and win fifty thousand dollars. congratulations you are our one millionth customer. nobody likes to miss out. that's why ally treats all their customers the same. whether you're the first or the millionth. if your bank doesn't think you're special anymore you need an ally. ally bank. your money needs an ally.

>> not so fast. dr. j. our traders are quick but not always right. back in february john had this to say about areview ba networks. >> i would hold them here. i think it pulls back a little but if you have got intestinal for the tud and calls into it it carries over to the next quarter. >> shares of arub ba are down 30% since that call. doc? >> i need tums. that intestinal for the tud, that's not what you needed. you needed lubrication. >> oh, my god. >> put on the horse's legs when they're running. that's what i meant. get your minds out of the gutters. >> what's the trade? >> the trade now is at 14.

i got to love it if i liked it at 22. everybody is cutting numbers on these guys including jpmorgan. i'm not encouraged to get back in. >> a little off the rails. let's move on. you tweet it we trade it. let's get to it. this one is for guy. anybody buying adm? >> it's trading 33.5. i think there's room in this. you can see it back to the 11 highs which was 38 bucks or so. don't be surprised to see this continue. >> karen, big drug stores like cvs and walgreens closing in on 52 week highs. is it time to look at rite aid? >> no. >> explain why. >> they're so big in the city. their balance sheets are better businesses are better so much

bigger. it's really hard for rite aid to make head way. >> beakers, why do you think asset managers are under pressure or would be challenged. would you stay out of black stone and black rock? >> yes i would. listen, they're going through a secular change if you think about it in the next five years all the baby boomers who are investing in mutual funds are going to start taking that money out to retire on it. you have overcapacity in the industry. that's not where i want to be. that said, they had a nice bounce. if you are in them leg mason you might want to sell that. >> this is for mike. with safe way moving higher does kroger look tasty? >> i don't think so. it's amazing to me when you see these low and no growth stocks rally as much as this one has, i think right now it looks fairly valued.

people were buying it because it was cheap before. now it's fair money, dead money. >> this is a fun one. can i get into mooch's man sonic lounge if i don't drive a lam bow. >> what does that mean? >> his p hunt and fish club. >> oh. >> maybe you should have explained. >> i'm sure some of the folks at home have no idea. >> good point by you to include. we like to be inclusive. >> inclusive group. >> i don't know the answer to be honest. we have to ask anthony. stay tuned.

wg >> earlier we had a street fight on disney. we want to point out that man of steel is a time warner film and not a disney film so no impact on the disney story. time for the final trade. >> i like boeing. >> john? >> western union. >> if rates are going lower, xlu is a nice trade. >> i like h&r block.

>> restoration hardware. again, home depot wins. it didn't have a big day today. should have a bigger day today. >> i'm melissa 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. i promise to help you find it. "mad money" starts now. [ applause ] hey, i'm cramer. welcome to "mad money." welcome to cramerica. you want to make friends? i'm trying to make you money. although family is above all else, and i'm honored to welcome