worst day since june 28th, only one third of one% lost there. the nasdaq managing to get into positive territory. the s&p negative. total volume, the lightest this year, maybe no surprise given that it's august. >> watching the etf. maybe people are skprezing views about fixed income or turning their views to emerging markets in europe. >> live from the nasdaq trading site in new york city's times square, i'm melissa lee. yes, it is august and it is slow but today is august 5th. today is the day retailers tend to bottom paving the way for a strong month into mid september.

today is the day we hit a high -- breaking news. amazon jeff bezos buying the publishing business. >> the "washington post" is selling its newspaper publishing business to jeff bezos, bezos the individual, not connected to amazon.com. bezos is paying $250 million. the "washington post" company will retain control of the other major assets including kaplan test prep, post news week stations and cable one. the company says it will be changing its name although the new name has not been announced. allen and company did assist with this deal. jeff bezos as well as the ceo of the "washington post" company, donald graham were both at the allen and company conference last month. this deal probably took place

now. as for what bezos has planned, he says in his press conference that he thinks the post plays a critical role in d.c. and the nation and the post values will not change. it has been on the cutting edge of some technology such as integration with facebook. we'll see what kind of technological things he tries with it. >> in terms of the name change, is it a name change for the corporate entity that would own the "washington post" or would it be for the newspaper itself? >> i believe it's for the new company. the new companies that's left with kaplan, the cable assets and some of these internet assets and real estate. that company since it no longer has the paper would now get a new name. >> it's an interesting transformation within the industry just within the past week or so we've seen the boston globe up for sale and a lot of companies increasingly away from

the print business and more towards broadcasting. >> the paper seems to have been a drag on the stock although recently the stock has done very well. if you go out five, eight years in the stock it's completely under performed and just getting its mojo back now. this move seems to be a little access sieve to me but i think the stock is potentially trying to tell you something here. there might be more room to run in this thing. i wouldn't necessarily try to short it tomorrow. >> reminder of how much jeff bezos loves to lose money and still make money as a result of it. i wouldn't be shocked if he turns this thing into one of the top digital publishers. he's certainly not afraid of this company or this paper having another series of unprofitable years. they just lost $7 million last quarter in amazon. in the meantime i would like to nominate the new name as the bezos insider. i think that would suit the

paper very well. >> it's interesting you -- >> it's interesting you mentioned the newspaper being a drag on the company when you consider what a small percentage it is of the market cap. the company is only 5.9% of the total market cap which is $4.25 billion. >> you make an excellent point. sometimes it's the association that holds people back, sometimes the name recognition of an entity can hold the stock back. i'm not saying blast in and buy this tomorrow but i wouldn't be short in it either. >> anthony? >> listen, this is one of the many reasons why the allen and company conference remains the premiere conference in the world. this came off of the back of that. i think that jeff is a new technology guy, the graham family is in the old school technology with warren buffett and as a result of a 10, 15 years relationship of getting to

know jeff in that conference i think is what precipitated the sale. it's interesting about networking and communication. people are still doing things old school, meeting together and getting comfortable with each other. >> we will of course keep you posted on the developments surrounding this late breaking story. again the publishing business of the "washington post" being sold to jeff bezos, the individual. that's what we know right now and keep you posted. let's bring it back to the retail trade because it could be a critical time for investors to decide whether or not you're going to buy into a back to school rally. karen, part of the note that miller ta beck had out today was that seasonally this is a great time but interesting thing is that the sector is actually at a new high. >> i hope it's at a low for the next ramp up because we are long a number of names. i think that as the economy continues to improve, although it's slow, that that additional employment that's good for these names. there are a lot of names that i like go into back to school which is so important just getting under way right now this

week. names like foot locker to me, macy's, target, those are names that i like. one that i don't continue to be jc penny. >> in a broad sense to the great detriment they have underestimated u.s. consumers. there are one offs that don't do particularly well but whether you think the consumer is strapped or not, that's not the argument. the argument is they will continue to spend money. i've liked gap stores for a long time. i think kors is actually interesting going into tomorrow. >> it doesn't matter that for the past three months gasoline has been up 4.5%? >> i think people -- i don't think it is. i think people complain about it but the bottom line is they're still out there shopping.

that's the bottom line. you need to have a high five handle to a low six handle in gas before it makes a dent. >> maybe that's what's underneath apple a little bit which has had a very nice move in the last six months. >> about macy's, they're constantly adapting their stores and they're going to expand their footprint over time. this is probably an easy stock to own on the retail side. not that i'm taking issue with guy, but i want to reference that the performance enhancement drugs that the federal reserve is putting into the economy is showing up in food and energy prices. until we get a little wage effect to go with the wealth effect, it's going to be hard for a lot of the retailers. >> this is the third best month of the year for the sector with an average gain of 2.35%.

this is mainly a technical note. they like these picks based on a technical basis. dicks, foot locker, rent acenter as well as ross stores. karen, you are long foot locker. >> what used to be a weight on foot locker which was their european exposure. now people are seeing an upside if we have an improvement in europe. >> you mentioned american eagle. big move in the after hours. let's go to josh lipton. >> melissa, we are watching american eagle outfitters in the after hours. at tanking. the news here, aeo saying it expects to earn about 10 cents per share in the expect quarter. that's well below who analysts expected. the street was looking for 21 cents per share. the company saying that revenue dropped two percent. same store sales declined 7 percent, that versus an 8 percent pop a year ago. the ceo saying they're not happy at all with second quarter

opinions on the dis pointing results of the women's asourcement and weak traffic. >> the action in the market is hot but one small firm has been even hotter. spoke investment group has been on a tear, more than doubling the performance of the s&p 500. here now with the most recent additions to the list is paul hickey. it's a pleasure to speak with you. a lot of people are familiar with your research. it main lly looks at historical patterns. >> we basically look at top growths stocks in the russell 3,000. we start with large and small cap stocks and screen them on a variety of fundamental factors and apply technical screens to them. the ones making the cut end up in the 50 and each week we go through them.

the thing you have to remember about growth stocks is once they fall out of the favor they fall out fast. if these stocks run into technical trouble, they're taken out. there is very little wiggle room there. >> i want to talk about your recent additions and start sort of at the bottom of the list up. because the two smallest stocks on this list are stocks that we don't often talk about. one is a small market cap, 300 mlgds, twin disc and modine. >> i think it's important to stress these are low market caps. investors shouldn't just go out and buy them. they are expected high earnings growth in the next couple of years and in the case of these two stocks every time they pull back 50 day they have seen a bounce. one is in modine which is heat transfer products. construction and autos. those areas of the economy are driving things right now so that's a stock that has investor

interest. twin disc, that's involved in mostly propulsion and transmission for marine crafts, large crafts. >> let's be clear, when you say they pull back, when they pull back to 50 day moving average they tend to snap back, that's over time? >> it's a sign investors are not buying an weakness. people are going in to buy them on weakness. >> netflix has been a name that we like but some analysts thinks the decimal pointing in the wrong place. what are you seeing that some of the other folks might not be. >> we do a lot of survey work. we did a survey on apple in late 2012. we found people were spending less on itunes and more on streaming. pandora and netflix. netflix is a stock, the stock rallies and it's a classic stair step pattern.

tell cons are going to spend more on networks. see enna which had a good earnings report in june and has been running. >> are you worried that you are late to the game on netflix? >> it was in there earlier, was added this week. as long as the stock works we can keep it in there. there's very little wiggle room so once they break the patterns that we're looking for they're out. >> thanks for stopping buy. coming up next, discount airline jet blue looking to add premium seats on some of his departures. what does it mean for customers? we have an exclusive interview with president and ceo dave barger. someone you feel you can really partner with. unfortunately, i've found that some brokerage firms don't always encourage that kind of relationship.

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>> let's check on shares of "washington post" company ticker wpo in the after hours session sky rocketing up 5.25% on news that the publishing business is going to be sold to jeff bezos, bezos, the individual will be picking up the company. the "washington post" will

undergo a name change within the next 60 days as a result of this sale. during the session "washington post" was up 1.5% and hitting a 52 week high ahead of the announcement of this deal. we have a media analyst to give us the lowdown on what this means for the wpo and the industrial over all. jet blue quipped with live flat beds. it's one of the most well known discount carriers. joining us ceo dave barger. dave, it's always a pleasure to speak to you. >> thank you. here in san diego today it's always delightful to be on "fast money." >> what went into this decision? obviously people are willing to pay more for these premium seats but this is a departure culture-wise from jet blue which is essentially everybody gets a great seat. >> thanks, melissa. the core experience is an award

winning experience. nine years in a row jd power and associates best in class. we listen to our customers. there are two gaps that our customers are saying. if i'm going to fly trance continental into places like los angeles and san francisco i'm not going to fly you. i'm looking for a further enhanced experience and the lack of wi-fi, both of those solved in the near term. the announcement today about a premium experience, we're excited about that. that's more of what we've been doing since 2000. >> what's your sense as to whether or not or when this will be -- i'm assuming your decision is bolstered by the fact that you will make money when you are placing coach seats with premium seats. when will we see that? >> the second quarter next year. so when we look at being -- this is why we're doing it.

we know we're leaving money on the table. high yielding customers, let's face it, they're being gouged to fly from new york, l.a. and san francisco. this is not the kind of price that we're looking at but the enhanced offering is going to be nice to these markets. people are saying we're not going to fly you so look into the latter half of 2014 that we can see further margin expansion as a result of this product. >> dave, it's karen. i'm excited about this product. i am that customer and i will look to fly this. we talk about a premium. give me some sense of what the seat would cost versus what your average seat, if it's l.a., new york, what it costs currently right now. >> thanks, karen. again, i'm not going to share too much pricing but if you priced the other guys today for a business cabin you're talking maybe $4,000. this is august. this isn't the prime travel

season for the business customer. there is no way we're looking at pricing like that. that's part of our success going back to the year 2000. you don't have to gouge the traveling public. this is aimed at the high end leisure customer and the smaller business owner, somebody who is priced out of those premium cabins on the other guys. karen, the rest of the aircraft isn't disadvantaged. that's what we're excited about with this airbus. the core experience is going to be as good if not better because of the new interior. >> the question i have is will you be expanding the routes? are you thinking about going to europe now that you have the flat beds, further to south america and parts of the caribbean? >> it's interesting. two of the best markets in the world that people actually pay for an enhanced offering, it's new york to l.a., new york to san francisco. we feel very good about this. i think that this is the type of product that would be very good

in our boston focus city into both southern california and northern california. we're not looking into europe. that's not what we do. we partner with other carriers for that. latin america, we would love to say bring this into columbia, peru and we'll see how the market responds. >> the market reacted to the report that fouthe founder was going to buy jet blue. he came out and said no, i'm not doing that, but i wanted to get color from you as to your vision of the company and whether it remains a publicly traded company as jet blue and not bought by somebody or some other company. >> melissa, i appreciate that. i do. that story back into the june time frame -- by the way of noise of commerce here in the

background. all that said, the company wishes david nothing but the best. he was just tremendous with the vision in terms of the founding of jet blue. on a go forward basis -- by the way, i haven't been contacted by david and even the newspaper stepped back from that story as well. all lie flat seats and the first domestic suites and broad bond that's what we're about. >> we're going to leave it there. thanks for joining us. >> thank you. >> interesting stock, a stock we've been following for a long time. this year it's been an underperformer. >> total underperformer. jet blue, we all fly a considerable amount.

it's the best airline to fly but it's been poor. i think they're going to catch it but they haven't done it yet. spirit airlines, if you want to play the airline, look at what that did last week and then the subsequent announcement they were going to do a secondary we talked about a potential to bounce and that's what happened. the moment tumult is behind it on the upside. >> let's hit the top trades. facebook continuing its upward trend crossing the $39 mark and hitting a fresh 52 week high. it remains above its identify identi ipo price. >> here we are now, i haven't said so short it yet but i think what's going to happen is the quarter prior they reported a great quarter. they didn't get credit for it but they backed it up with a similar quarter. now you can make the argument the next quarter is going to be

the best one in their history. clearly there is momentum behind it but i'm hard pressed to buy it right here. >> the iwm trading at a new all time high today. >> it's not shocking. but what's making this one run, it's very u.s. centric. small cap have been the beneficiary of that. if you have more money going out of bond funds and into equity funds it's a great place to be. >> the content wars continue 3 million time warner cable customers we main without cbs. the blackout began on friday after the two parties were unable to strike a deal over distribution fees. josh? >> i would say this wraps up quickly. if you look at a history of these little tiffs and they do happen it's not in anyone's best

interest to continue. usually it's a last ditch effort to force the parties to come back to the table. i wouldn't be shocked if this wasn't over by the end of the week. if you are selling based on this you're probably making a mistake. >> is this a homeland thing? >> show time. there are a lot of series that people are going to be upset about not being able to see. >> that's a great show. have you seen that? >> i brought that up on friday. you looked at me like i had nine heads when i that that. >> you're crazy. >> whatever. >> the bid ask is $1 to $2. where do you think it's resolved? >> i have no idea. >> it's important for the future of cable tv. >> the biggest story, jeff bezos buying the "washington post." plus why black box chief investment strategist will tell you how to play the volatility

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>> to get back to the story of the evening. jeff bezos buying the "washington post" publishing business. let's bring in an analyst with paa research. you've got a negative view of this stock. now that it has changed, do you become more bullish? >> thanks for having me on. this is certainly a surprising development given that most people who know don graham personally never thought he would sell his baby so to speak in terms of the number asset.

there is two things to observe here. one, they got a full price for the newspaper business, roughly $200 million higher than we would have valued it. there is more value in the company today than there was yesterday. outside of that if you look at the rest of their businesses, the broadcasting, cable, education business, where the stock is trading now is kind of where i see it on the sum of the parts basis. however, what we have is a seminole event in the history of the company. there are a lot of people who advocated breaking this company up. in this environment it could be higher than what i've laid out as the sum of the parts. >> for shareholders tonight what do they own? what is now the core business? it doesn't change obviously because the "washington post" the publishing side was a small percentage of the business overall but can you give us what the new company is at this point? >> sure.

so they own a cable business, cable one which is the single largest business. they have an education business which includes legacy kaplan test prep, kaplan higher education which is the biggest component of that. both of those have been really struggling. they have international assets. they own a broadcasting business and more recently they have been allocating capital towards expanding to nonmedia, they bought a hospital and an acquisition of an industrial company. i don't know how much you guys know about it but don graham has always had a close relationship with warren buffett and is trying to emulate his management style. these recent acquisitions might suggest that the company is now going to be looking across a

variety of articles to allocate capital and ideally improve returns for shareholders. >> are you saying that "washington post" or what will be whatever new company, whatever it's called within the next 60 days, that it could actually move away entirely from media and its core business could be something else, industrial or what not? it sounds like you're expecting or you wouldn't be surprised if the company really fundamentally changed? >> well, they've already made two acquisitions at least that are well outside of what you say is the core of the company historically. will that continue? this latest sale certainly suggests that they're looking to allocate assets in different verticals and maybe they will reapply the proceeds of this sale into another media asset. i would say that what we've been doing recently certainly serves as an indictment on some level of what exists within the company today in terms of the long term growth prospects. there is a lot of excitement

around cable currently but if you look at cable one and the markets in which they have subscribers, this is not going to be top of the line for most people thinking about consolidation of the space. >> last quick question, in terms of what jeff bezos is acquiring, do you see him being able to work that work in terms of making it a profitable business? >> without getting too specific about his management capabilities, he certainly has a history of running companies in low levels of profitability. will he figure something out? it is a strong brand. what we have seen at least in the newspaper and the media space, those who have acquired these assets, news week was only a few years ago, obviously they've struggled extraordinarily, had a lot of difficulty trying to turn that around. i don't see a scenario in which the "washington post" can be run as a profitable entity but maybe that is not his objective.

>> thanks for joining us from paa research. that's an interesting point, good point being made in terms of bezos being willing to run companies that don't necessarily make a profit. >> i totally agree. he's not going to shy away. look, this is a business. the newspaper business has seen revenue decline 7 years in a row, subscriptions done 30% since 2008. you need a buyer willing to support this until the industry changes or it becomes profitable by attrition. don't be shocked. you're going to see more deals. this is shark week after all. >> some people have an art collection, other people own sport teams. mr. bezos may be interested in journalism and what it means in the washington d.c. area. i will say this though, if warren buffett was advising the graham family which he has done for the last 40 plus years, it's very difficult to buy businesses from warren buffett.

so my guess is this is not going to make money for a while. >> from newspapers to your smart phone let's get the options action on blackberry, brian sut lynn joins us with the trade. >> option activity extremely active, especially in the calls today, really a pick-up in value. we saw the stock pop. some saying the valuation should be higher. others talking about the value of the intellectual property rights and the book value being around $5 a share. what we really saw today by midday, the august 10 calls were being purchased for less than 20 cents here. 5,000 have been bought. traders are expecting blackberry to trade over $10.20 over the next 20 weeks. it wasn't that $10 strike. it was the $9.5 strike call, the $9 strike. certainly traders expecting potential in blackberry and saying there's more value here. the stock took a hit after

earnings. maybe now here's a time to step in and buy it and use options risk less to control your risk factor by buying a call option and play to the upside. >> still ahead from liberty media to fosle a look at some of the biggest earnings moving on tap for tomorrow. listen up federal reverse, dennis gartman will be here in two. [ indistinct shouting ] ♪ [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it's so close to the options floor... [ indistinct shouting, bell dinging ] ...you'll bust your brain box. ♪ all on thinkorswim from td ameritrade. ♪

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>> welcome back to "fast money." we are live here at the nasdaq market site in times square. a bumpy ride for investors. black rock expects the stock market volatility to rise in the next few weeks. in terms of rising volatility is that specifically related to the fed or is that specific to the u.s. or is it global markets? >> it's global markets and certainly the fed is likely to have a lot to do with it but

there are other things at play. we think the long term of equities is up. this is a short term issue but there are things investors should be aware of. you've got a strong negative seasonal bias. you've got budget battles that we put off until the fall closer to home. together what we expect is that as you get into the fall volatility is likely to rise from these fairly low levels. >> interesting that you say the best country to invest in now is not the u.s. but japan and that it could be a great time to get expo exposure to europe. >> i think it's a matter of bringing up under weight allocations to international markets. the u.s. has done well year-to-date. we like the u.s. market but many investors particularly after the last six or seven months are

under weight international equities. given the discrepancies you see, it makes sense to bring them up. japan is particularly attractive because you have the possibility of positive callous in the fall as the government introduces the third arrow, the structural reforms that many are waiting for. >> when you talk about volatility, are you talking about a vix that's going from a 11.5, 12 handle to a 20 or somewhere in the mid teens? >> certainly going back to 15 or 16 would represent an increase from today but that's still below average volatility. my guess is it's more the former. something that resembles the long term average which is the vix in the high teens or low 20s. >> i want to get your sector fix.

>> i think the manufacturing story is clear. we're seeing a renaissance in u.s. energy production, u.s. oil production last year was up by a million barrels. that was the most we've seen since 1859. there are a lot of parts of the manufacturing sector that benefit from that. petro chemical manufactures, fertilizers, plastics, these are all companies in parts of the manufacturing sector that benefit from very chieap energy. >> we're going to leave it there. thanks for joining us. >> thanks again. >> tonight we are kicking off a new daily segment here on "fast money" called executive edge, a rapid fire recap of the day's breakout cnbc moments just in case you missed them. take a listen. >> i don't think the fed is going to do anything between now and year end.

i think the economy is going to be fast, fast, slow, slow. right now it's slow, slow. i don't think they're going to taper. >> what do you want the next fed chairman to be? he needs to be someone who understands the economy, understands financial markets and can lead a consensus based organization. the president is leaking these trial balloons and making this a political circus. >> there is no market right now for microsoft tablet. they wrote down and will continue to write down the inventory because people do not want the products. >> the square was down. >> it's unbelievable how many of this capital he has held onto given the nonstop parade of people bashing him, bad publicity, talking about the individual positions and his mind-set. i think he's doing a pretty good job. >> give us the economic

justification on your end for proposing the unbundling of the cbs platform. >> it's the purest say to find out what customers want to pay and it enables them the flexibility and choice to pick what they want to avail themselves out of and takes us out of the middle of it. >> a lot to get at for today. what a day we have had. guy? >> jeff has been spot on the entire way up in the marketplace. recently he's gotten a little concerned that maybe we've gotten too fast far too fast. josh brown looking so relaxed. >> did you see the delts, the definition in the shoulders? >> what? i missed that. >> i want to say i thought the

microsoft commentary was spot on and i think the journal has been skeptical for a while on the prospects of them actually having a mobile business. people talk about the microsoft tablet business as though it exists. it's fictitious and it was nice to hear that point made. >> i'm sticking with janet yellen as the next fed chair. i do think there's a group of insiders in the white house that want larry summers. i think the president likes larry summers, but i think this is an historic moment for the president. he likes historic moments and we'll have the first woman fed chair. >> let's look ahead to tomorrow. fast toward trades here. first up liberty media gearing up to announce earnings tomorrow before the bell. the stock is up 22% in the past month initiated overweight at barkley's last month. anthony? >> i love this stock. i like the management team and some of the part assets. if this thing underpfs on the

earnings i'm a buyer into the weakne weakness. this is a very good long term core holding, great management team and assets. >> zil low out with earnings tomorrow. president obama is scheduled to field housing questions with zil low ceo spencer rasscof. >> this is the most exciting stock. all of the traders are fix yated. i don't think you can buy it with a straight face. if you do get a blowoff on these earnings number maybe you're get a better crack at it lower. >> what's obama doing? like rich greenfield on the netflix call? i'm surprised. >> it's like a live chief of zillow is going to field questions and ask obama who is an expert on housing. >> moving on, finally fossil

reporting earnings tomorrow as well. the stock was cut to an under weight from an equal weight at barkley's and reporting that it's going to revamp its watch line. >> that's the story. we get on analysts all the time. here's a guy that comes out ahead of earnings. it's brave on his part and downgrades the stock. i don't know if he's going to be right or not but it didn't matter. in terms of the stock, this stocks way too volatility. i'm not certain what's going to happen tomorrow, but unless you love playing in names that are just all over the map, stay away from fossil. >> coming up which indicator does dennis gartman say the fed should be watching for a true gauge of inflation. later on why anthony scaramucci may not be singing the same tune. back in two minutes. stm

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the fomc emphasizing inflation saying the persistly low rate could pose risk to economic growth.

let's bring in dennis gartman. good to see you. >> good to see you. >> you're looking at crop prices, correct? >> absolutely. we are growing one whale of a large corn crop. we're going to have a huge soy bean crop but worn being dominant to meat production, cattle and livestock and turkeys and chicken, we're going to have close to -- at least a 14.5 bushel corn crop. a large crop seems to get larger. we have had adequate rains, great weather and we're going to have a large corn crop putting downward pressure on food prices for a long period of time. throw into that the fact that next year you're going to have extraordinarily low fertilizer prices with what happened with pot ash. that's going to come in quickly in brazil where low prices are going to increase production there and we're going to have a

larger corn crop next year because of fertilizer prices. on balance food prices are going to stay low for a long period of time. that's going to take some pressure off of the fed to worry about inflation. >> on gold it looked like the bounce was in the offing and now it's kind of falling apart here. i noticed it's having trouble at that declining moving average and now back under this somewhat important level. what are your thoughts? >> first of all, on friday they killed both sides of the trade. they took the longs out, shot them, took the shorts out, shot them. hit stops on both sides. now here we are. look at that chart that you just put up there. that tells you a lot about the gold market. i'm quietly tenuously bullish on gold in terms of euros. anyone who wants to be long has

a very difficult technical circumstance to overcome and each rally has failed at progressively lower levels. each low has been progressively lower. that's a hard chart to be aggressively bullish. that chart is telling you that inflation is not a problem. incorporated that with the grain markets and you have a problem with inflation. you have a problem with deflags. i should have said you don't have a problem with inflation. you have a problem with deflags and that's what the fed is worried about. >> you're so bullish equities. how bullish are you at this point with markets at new highs. >> less than i was last week. i actually reduced the size of the long positions in the equities market. it is a bull market, period, end of discussion. as we learned from the greatest book about trading, reminisce sense of a stock operator it is a bull market and you can only

have three positions on really long, reasonably long or neutral. i'm reasonably long. >> good to see you. thanks for your time. >> always good to be seen. >> dennis gartman of the gartman letter. not so fast anthony scaramucci, we'll get an update on a trade recollection you had right after this break. and if you do it. and your friends do it. and their friends do it... soon we'll be walking our way to awareness, support and an end to alzheimer's disease. and that? that would be big. grab your friends and family and start a team today. register at alz.org if then schwab is the placeing your trato trade. higher level, tdd#: 1-800-345-2550 call 1-888-284-9410 or visit schwab.com/trading to tdd#: 1-800-345-2550 learn how you can earn up to 300 commission-free online trades tdd#: 1-800-345-2550

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. >> not so fast. back in may much made a bearish call. >> something is happening at gap. they are going to start to expand their store base. they have a tendency to under perform earnings expectations. i think this thing is go to fade into the next six to 12 months. >> since then gap is up 13%. do you stick with this call, anthony? >> i have to say that i was wrong and the main reason i'm wrong is that we are in a bull cycles that dennis referenced. i am negative to things like macy's going forward. >> first move tomorrow. stay tuned.

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otherworldly things. but there are some things i've never seen before. this ge jet engine can understand 5,000 data samples per second. which is good for business. because planes use less fuel, spend less time on the ground and more time in the air. suddenly, faraway places don't seem so...far away. ♪ >> time for the final trade here. anthony? >> i'm going to stick with facebook. been fast on it twice but it's going higher. >> josh? >> i think google takes out 1,000. >> karen? >> if you want to stay long in this bull market buy some s&p puts. >> guy? >> that's aggressive to google.

i like that. iron mountain seems to have held a double bottom. that's sort of interesting. >> i'm melissa lee. thanks so much for watching. see you back here tomorrow at 5:00 for more fast. don't go anywhere. my mission is simple, to make you money. i'm here to level the playing field for all investors. there's always more work in the summer and i promise to help you find it. "mad money" starts now. hey, i'm cramer. welcome to "mad money." other people want it make friends, i'm trying to make you money. my job is not just to educate, but to teach. call me. i'm using my pulpit here on "mad money" to preach to all accesses when it comes to investing. it's the sin, the