they need to keep up that excellence or lose credibility. one of the best things is there really is accountable. if something is said in print that is wrong, the online community will be all over it. while a lot has changed in media, i would not count out print. that will do it for us tomorrow. i'll see you tomorrow on "closing bell." have a great night. "fast money" begins right now. live from the nasdaq market site in new york city's times square, i'm melissa lee. our traders tonight are guy adami, karen finerman tim seymour ond stephanie link. brace yourself for a special edition of "fast money" tonight. it's not a bear. it's not a tornado. at "fast money's" bear nad doe

night. jcpenney is plunging, gold below 1300 bucks. we're going to do bearish stock picking. goldman sachs are out with a list of companies they say are overvalued. the list includes high profile names, coach microsoft, intel, sell jean, u.s. steel and many many more. guy, will you be shorting any of these names on this list? >> hi there. the coach story is very interesting. their last quarter wasn't great. their international growth is acceptable but growth in north america were poor. so it tells me maybe the cache might be gone. the fourth quarter margins, probably about 33 34%, margin

is compressing. if short is on back of this they could easily get it to the low double digits. coach here might be an interesting short. >> it's a transition, too. they're going from handbags and what not, not the things you're using, guy, but to try to attract men's wear but at the time when they lost some of their creative leadership, that's a difficult time to do it. >> coach's comps were terrible blowout numbers. >> the only thing about coach is you do have a new ceo that's going to take hold. they ran the international business and he ran it very well. that was the one bright spot at coach over the last couple of years. so if he and this new team he has assembled can put it together, i think the expectations are very low here. >> i love the twitter feed i watch it all the time. the common question is is this

a paris trade, long kors short coach. >> i don't love paris trade. you're not minimizing your risk but adding a different level of risk. i agree with stephanie. i think coach is interesting here. the balance sheet is in great shape. even with the brand getting dinged i think it's an enduring brand. you don't get a chance to buy at this valuation. >> paris trade, lloyd said you need to know what you are rooting for. i want you folks at home to think about that. >> i thought he said lose my number. >> he did. >> here's what i would say about paris trades. goldman's point when i see stuff like this it's time to pick stocks and the time for just picking a momentum call on markets coming back and fed in fed out, it's nice to see that stocks are at valuation where maybe you can take a shot at the downside. >> let's get to kroger. >> this stock in the last 12

months up 74%. shocked me actually but this is much more than a 22% gain in the s&p over the last 12 months. you have a lot of good news consolidation happening. that's one of the reasons why the group in this sector have done so well but comps are implying that you need to do 3, 3.5% for the stock to stay where it is. if you look at the valuation you're well above five and ten year averages. comps are tough. you have a generic shift happening, competition. this is one i absolutely agree with. co america on the other hand is one i don't agree with. i think the yield curve is going to bail them out. >> staples? >> it's being priced like a retail internet stock. that's their biggest problem. they had a lot of show me elements to their business and recrafted it to become more of

an online business expansion site. at 21 times next year when their five year pe is around 13, it's overdone. it's overdone because they're not going to be able to compete with the structural shift. i don't think they can do it at this valuation. stay away. >> it's not just amazon. it's walmart getting into the game in terms of back to school. >> although staples has the number two revenue site. it's not like they have not been able to be a real player. they have. the other thing going for it is the office max, office depot merger. if that gets done that's a temporary tailwind for staples. >> staples would imply a 15% decline. that's what we mean in that last column. they set a price target and this is where the stock is trading now and the gap is the percent decline here. in terms of karen, garman?

>> that's interesting. the valuation is really not expensive on the surface. to me the fear is the business model. more than half of their business is in the automotive, gps space. you may have a garmin device and i just think there is a great risk of observe lessens as people are able to get ones in their car. garmin has a few, i think in chrysler but i'm afraid that people with their iphones plug them in and garmin where does that leave them. it's a business model risk not a valuation risk. >> i feel like a lot of people are saying that this one was going to be left for dead for quite some time. >> they absolutely have and it's been a great stock. >> exactly. >> they have a lot of other areas other than the auto market i think they have done a good job expanding and broadening the product line. >> let's look at the bear case for the overall markets.

it's bear nado night. we have an analysis of the negative themes out there. basically you're note that you released today takes a look at some of the myths that this bull market was built on if you will. so the number one myth is valuation in terms of what we're expecting from s&p 500 companies in earnings. >> that's right. >> why is this analysis wrong? >> we all hear 110 bucks a share. that seems like a comfortable target multiply by 15 16 17 get a price target. that's cool. however, what was that number 18 months ago, 118. beginning of the year it was 112. the answer is not 110. it's going to be 108 or 107. i'm incomfortable paying 16 times earnings for numbers coming down. the same thing is happening for 2014. earnings are coming in and pest estmt

is going to expand to a point. >>. the rule of 20 says pe -- are we really at a 16 multiple, 17 multiple. it feels like at a 16 to 17 now in this year's earnings we're capped to the upside. >> what is the right multiple then for the environment we currently find yourself in? can you make an argument for 12 or is that low? >> overly bearish. 15 16 is a comfortable band. you can look where the market is traded and how it's moved higher and that's reasonable. past that you're talking about needing to see better revenue growth. >> don't you think if the u.s. economy starts to see improvement and the global economies start to do better that you might see better earnings? >> that is myth number two of the bull. >> yes let's get to that. you're absolutely right. if the market does begin to

incorporate -- the market has incorporated a ton of improvement in the economy. we're kind of on a wing and a prayer right now. let's play the game six months and say the u.s. economy is hitting three, three and a half. the worry that i have is this market -- the spy, all the money flows to fly this year-to-date $15 billion in the last weeks. it's almost 160$160 million market cap. i worry that as we do see that growth money begins to spread out and it begins to look for opportunities elsewhere. >> to that point though if that's let's say bond money leaving the bond market and entering the equity market if we see improvement in the gdp like you sited, wouldn't that

help? >> it will spread out but i think that's bad news for u.s. stocks relative to european stocks. not only be bearish on the u.s. but opportunities elsewhere. i agree with you that money will spread out and there's better opportunities around the world than here. >> thanks for stopping by. we appreciate it. guys, how bearish are you if at all? >> i'm not bearish at all and i live when the s&p is down. ultimately what nick is saying in terms of global markets is absolutely right. i'm a guy that focuses on emerging markets that are trading 9.5 times current numbers. i like that call. i do think that on an earnings perspective -- japanese earnings this season has exceeded by 90%. you go to the places where you see that and you follow them. >> let's get a quick market flash here. check in with josh lipton

looking at disney. >> we are watching disney in the after hours. let's get to the number reports. epx a buck 03. the media networks division reports an 8% increase in operating income as revenue rose five percent. parks and resorts revenue rose 7 percent, profit for that segment increases 9 percent. the studio division sales slipped two percent and profit fell 36 percent in part due to rerelease marketing costs for the lone ranger. >> josh thank you. one percent decline in the after hours for shares of disney. you were saying steph, in the green room you were hoping disney would decline so you can get in. is this enough for you? >> it's not. 20 century fox is coming out with good numbers. the common theme is cable assets, cable growth. that's where you want to be. it has to be more than one percent. >> if you are getting upset over

lone ranger and nba playoffs that had san antonio and -- who did they play? i don't remember, it was so boring. they had small market teams and people were looking at one offs. espn was down. these are not trends that are sustainable. this company has all the content in the world. the issue i believe is 19 times current numbers. this is not a cheap stock so you're looking for a place where you can get something cheaper here. do not sell disney on this disappointment at all. >> 68 in may, sold off in 62. we retested seemly failed. i'm not saying short disney but you might get down to 64 65 that might be attractive for folks. >> before we head to break let's check on off moves. nuance communication -- also 21 century fox popping.

. sotheby's auction house coming in light on both the eps and the revenues. jcpenney shares tanking as investors worry over how quickly the company is burning through the cash. plus sticking with your bear theme, are we on the verge of an even bigger leg lower. >> that is scary, mel. >> that was the point. we're checking the charts next. of the lexus performance vehicles including the gs and all-new is. ♪ ♪ this is the pursuit of perfection. geoff: i'm the kind of guy who doesn't like being sold to. the last thing i want is to feel like someone is giving me a sales pitch, especially when it comes to my investments. you want a broker you can trust. a lot of guys at the other firms seemed more focused on selling than their clients. that's why i stopped working at my old brokerage and became a financial consultant

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>> welcome back. i'm julia boors stin with breaking news from disney's earnings call the company saying it expects to take a loss of between $160 million and $190 million on the lone ranger in the fiscal fourth quarter which is the next quarter we're in right now. that's the number that wall street analysts were waiting for. it was not included in the earnings report but this is what cfo says on the earnings call. he was fold shortly there after by ceo bob i thinker who stressed he was very pleased with the overall performance with the movie studio and the company as a whole saying that the company is very well positioned for growth in 2014 and beyond. there was a lot of talk about

how espn was a key driver and it's very well positioned. he clearly seems to be talking about comparisons to some of the other supports networks in the works. >> any sense as to whether or not this was expected on any level in terms of the size of the wright down and the timing of it? >> i have seen a lot of sometimes from wall street analysts. on the low end 100$100 million. all the of the expectations were at least $100 million but this range of 160 to 190 million is significant but its still lower than the john carter write down the company took a year or so ago. it's not totally out of the ordinary when you have this kind of disappointment at the box office. analysts were waiting to hear this number. it's big. >> thanks for that. not as bad as john carter. >> the last week you had gone to

see that movie four times, lone ranger. >> lies lies. >> you wear lone ranger's mask. >> as often as i can. i was thinking about being tonto. >> anyway, let's get to the buzz kill of the day, jcpenney taking another hit as investors worry about how quickly the company is burning through cash. here's what kimberly green had to say earlier. >> our number one concern is this is a company burning through cash at a very alarming pace. our cash grow forecast continues to suggest that jcpenney runs out of cash over the next four or five quarters. >> look at the bond yield prices and the bond that comes due 2020. if you looked at the yield yesterday it was 10.6 percent. this morning it was up to 11.3 percent. the story is not necessarily a good one on the surface, karen? >> it's not. it's starting to get somewhat

distressed. i've been a bear on jcpenney. i think they have a little longer than that. they do have some room. it is possible things bottom out, i suppose. i mean, i definitely would not initiate a short of either the bonds or the stock at this level, nor would i go long. i would not go long right here because the valuation even though the stock is lower, it is not cheap. >> where does this extra burn come from though from a company that's put the brakes on. this is concerning. morgan stanley said they're going to have a billion last quarter but for a company that suddenly has put the brakes on this massive marketing expansion, the store redoes. >> that's part of it. what do you do when half your stores are built out? you've got to commit to the boat. you got to finish up and then they have the inventory and -- >> you have to feel better about your macy's call after seeing

what's going on here. >> yes. >> you have to think about some of the competition that's really going to be benefitting from this distress. >> the balance sheet of macy's is going to be much stronger. they are just a much better competitor than jcpenney. >> we checked the fundamentals. let's see if the technicals are bullish or bearish. let's look at the over all markets at this point in time. we have reached record highs. there are a lot of bulls on the street. it's not stylish to be a bear these days. >> there's reason for that because you've seen the market break out here through the all-time high, through 2007 2000. generally when you see something like that after a structural bear market you can call it a new structural bull market. there is always the can have yot that it's fed let and whether or

not we can sustain that is not question. august is a quiet month. we can see a pull back here. but i think you see maybe a ten percent trading range above the 15, 16 where we broke out through the 2007 peeks. we're constructive unless the june lows break. you can see the series of higher lows here. if we were to come below that one it would be the first time that you see a lower low. >> these are 1100 or so? >> i can show you. yeah, this is from 2002 so you are back around 800. it came back down in 2 008. it's the june low that's important in terms of holding. that's approximately a ten percent pull back so if we were to see consolidation above that breakout level you can have a series of ten percent bull backs and move up maybe later in the

fall. >> let's look at the ten year yield. a lot of people are wondering what's going to go on there. >> structural bear markets for interest rates have run 22 to 37 years. generally the reversals from falling rate cycles to rising rate cycles are very slow multiple year saucer like affairs which is exactly what we're getting over a two-year period. breaking the 2007 down trend. you've broken out through this level of the base. that came in around 241. so now you're in a trading range between 241 and 274. so again, you could see a consolidation within that range which i think would be constructive. we're looking for higher rates further out, three percent, if you go to 271 we see three percent, ultimately 350.

>> i know you're the best technician on the planet but put your economist hat on for a second. is the economy actually getting better? >> that's a very good question. >> it is. i asked it. >> i can't give you the answer to that i don't think. i think what we will find out is as they begin to taper and i think they sort of floated that boat a little to see how the market would react, as we begin to taper if the economy continues to be at least growing at a moderate pace we'll know the answer. >> what is your time frame on a 3, 3.25% ten-year yield? >> it's a good question. i think it's going to take some time because there is more of a period of enlarging this basing process over time. but if you go through 271 all

better off.s are off. gold is a bear market. there is no question about it. carter had a very good rally call. you're up 80 points on that but you stopped right at resistance right here. right at the declining short term downtrend and also the 50 day moving average. i think we're due to come down and test the low again. once before here everybody was calling for it to be a double bottom. we don't know that until it holds or breaks so i think you get a test of the low and see -- >> what level is that? >> 1200. >> thank you. always good to see you. let's head back to ec and get a market flash on first solar. josh has the story. >> first solar reports investors not happy, missing on the bottom and the top. reports 39 krengts. analysts were looking for 52.

on the top line 520 million, analysts expected 720 million. first solar also lowering its full year eps and revenue guidance. other news the company and ge announcing a technology partnership, ge getting 1.75 million shares as part of this transaction, the stock down more than 8.5 percent in the after hours. back to you. >> thank you. guy? >> i think you can trade first solar around 41.5. it's a level we bounced from recently. if you want to play this from the long side the quarter was lousy but everything is looking for a trade. >> after this break much more on disney fresh from the conference call bus barns making the case for green mountain coffee. should you buying the shares ahead of the earnings report tomorrow? guy says yes tim says no. it's a street fight heading your way, stay tuned.

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nadal hassan. >> barrons isn't buying what green mountain is brewing. the magazine reporting shares could fall 20% if unlicensed competitors gain market share in single serve coffee. the company reports earnings tomorrow. the stock is up 95 percent this year, but are shares about to get roasted? time for a street fight. guy is the bull tim is the bear. 90 seconds total to make the case. >> it takes a certain amount of courage to be a bull ahead of earnings. barrons outlined it for you. they lost their patent about a

year ago, increased competition coming. guess what they lost their patent a year ago, competition has come but this stock has done unbelievably well. you associate the things with the name and i think that's what's going on here. also, you're talking about a monster short interest. all of these short interest stocks north of 15 percent, people have gotten their faces ripped off. green mountain's is 37 percent. guess what starbucks was a big bug-a-boo, well back in may starbucks said let's rev up our partnership and that's worked for the stock. >> let me get in here. the short interest is way down but if you want to talk about the technical elements of the stock, it's run 37 percent since the second quarter numbers came in, up 100% on the year which is what we've talked about. you talked about earnings.

when the stock misses on earnings, think about this 45 percent down on the last miss and 37 percent the time before that. do you want to be long. the k cup sales were doing very well. people are encouraged by that. the barrons note on the competition is not what you worry about. you worry about the valuation, expectations that are way too high for a stock going into numbers that's been known to kill you. >> valuation isn't ridiculously high. >> it's relative to where they are in the cycle. >> buzzer rang, hello, thank you. >> verdict from stephanie, what do you say? >> i go with tim i guess on the valuation for sure but i'm worried that they're not going to meet their top line growth. i think they will hit the earnings but i'm not sure on 25 earnings people will be excited to pay that. i think itl fall but once it falls that's an opportunity to take a look. >> we want to know who you thought won this street fight. tweet us at cnbc "fast money,"

hashtag bull for guy and hashtag bear for tim and we'll get you the results at the end of the show. top trades teen retailers taken to the wood shed. the news dragging on shares of abercrombie. back to school is here. >> that was disappointing. i'm long the retail space. there are a number of names that i like. aeo isn't one of them. i do like foot locker which had a miserable day. it seemed to be very much an overreaction. they are early in the back to school season maybe days. i would buy macy's, rather be there than jcpenney. >> ibm getting downgraded. the shares sliding more than two percent on the news dragging the dow lower.

>> we sold this actually back in may after the stock rallied from a disappointing first quarter. it's been so lumpy this story. it's kind of odd. this has been a company that's been a defensive tech. you know you're not getting good organic growth but you're getting double digits growth and that had been in the past enough to please investors. i think you want to wait for this thing to pull back. 180 gets interesting. i do like the ceo. i do like the transition into the software and security and services and that will help them offset the declines in hardware but i think you have time on this. >> guy would you agree with this call? they're saying that they're losing market share in software. >> did we go to the pierre hotel. >> delivering alpha. >> this is a reaction to the

first quarter and here we are now. the last quarter was okay. the quarter before was a disaster. i do think it could trade down to 180. >> if you believe in the budget flush and the fourth quarter and you have cap spending coming back by the end of the year that you might get a little bit of a rally. like at 175, 180 it gets interesting to me. >> i believe in my jump shot. after that everything else is -- >> i doubt you have a jump shot. >> we have to do the driving thing, the parallel parking which i'll smoke you. you want to shoot foul shots, any time you want. take that. >> anyway a refreshing quarter from coors, international markets helping to lead the way. >> it was a bit of a low bar, also a low quality beat. a lot was a tax gain a lot was consolidation of central european beverages that they had acquired and that's great business.

they will continue to grow. if you look at their core u.s. and canadian business they're down four or five percent. margins is what these guys are going for. blue moon a lot of people are in the craft moon market. i'm in the bar business. i'm frustrated that a big giant is coming in a belgian brew and claiming they're a craft brew. they're winning and i think they will continue to. i like this stock but at 53 it runs into trouble. >> david rosen berg gives us his take on the markets and who he is endorsing as ben bernanke's replacement. we'll tell you how to play the market ahead of the big reports next. before their gift helped preserve the point... before a credit solution was used to expand their business...

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share. that was in line with estimates. revenue climbed to $2 billion. that was basically in line. it approved the repurchase are up to 200 million in shares. you can see avis down nearly four percent in the after hours. >> next trade, food stocks hitting all-time highs in today's session. boring is beating the bear-nado. >> i can talk to you about food stocks. investors have been feasting on these type of stocks lately the group up 30% in 2013 outperforming the s&p's 20% person. all hitting fresh all-time highs joining awe number of names in the sector kellogg, craft foods have all hit all-time highs in 2013. in addition to share price gains these stocks currently offer investors relatively strong yields. craft 3.5.

buyer beware they all have rich premiums compared to historical pes. while hershey's shares have returned more than 35%, city recently added its name to top picks list. the chocolate maker's revenue growth has old and new product lines as well as growing sales around the world. kellogg's has experienced slower than expected growth in developed markets blaming busy consumers on earnings call. paul norman said quote, we recognize that sometimes consumers don't have time for a bowl of cereal.

>> i think there's a place for the staples stock in a portfolio if you are looking to balance it out from the cyclical stocks and offsetting it with staples stocks. they have been consistent performers. the one that's still trading at a 15% discount to the group is conagra. i do think that that story is very attractive. they have got an acquisition that they made and we will see sinner gees and again you have the valuation that's not as rich as some of the other players in this space. that's the one i would look at. >> let's get back to the theme of the evening in the markets. let's well long time bear or in this case bear-nado, david rosenberg. where do you stand on the markets at this point? >> i think over the near term the very near term i can see the market struggling.

i'm sure that comes as a big surprise, but i think we're full i priced right now. you have price earnings ratios bumping against cycle highs. margin debt is up 32 percent. i think there's a lot of good news priced into the market right now. my sense is that the economy is weak earnings and revenue growth are back in low single digits. we have to deal with the tapering issue and that's a matter of when, not if. the market is battling against bond yields. my sense right now is i'm probably more agnostic than anything else but i could see the market struggling over the next couple of weeks and months. >> agnostic. you outlined a laundry list. in your view have we seen the best levels of 2013? are they behind us at this point? >> i don't think we're going to go into a sustained bear market unless we fall back into

recession or the fed tightens liquidity. the overall bull market combination are in place but in terms of a correction my work shows that at this stage, the market is usually up at an 11 or 12% annual rate. in today's action we were up 18% for the year. i think it would perfectly normal and i would say healthy for the market to enter into a near term corrective mode but that opens up another lag in terms of a buying opportunity. >> when you say a near term corrective mode give me a sense of when or what monthly tudagnitude of selloff you're talking about. >> i don't think it would be anything dramatic. of course it's a two edge sword because if the markets corrected significantly the fed wouldn't bother tapering off and put those concerns onto the back burner. my sense is that the markets will undershoot and overshoot. if we're up 18 percent for the

year and my work shows normally at an annual rate the market is up 11 or 12% at this stage, do the math yourself in terms of what correction that would mean. >> i want to get your view of what should succeed ben bernanke. karen made the case for larry summers. listen to this and we'll get your reaction. >> not that i think janet yellen would be a bad choice. she would be a fine choice but larry would be a better choice. i think he's had more real world experience around the world, not just in the u.s. >> would you agree with that? you clearly disagree but what experience would you cite for janet yellen for being the next fed chair? >> i don't know why real world experience matters for this particular job. i spent the last numbers of years -- i've hired dozens of people and when i look at a resume i look at a bunch of

things, not just whether or not you have an iq of 1,000 or whether you traveled around the world or who your best friends are in politics but it comes down to experience. in fact, i would say the three major factors behind this choice should be experience experience, and experience okay. mark carney didn't get the top job at the bank of england because he's got friends over in london or because he was a big shot at goldman sachs. the reality is that he built up a dossier at the bank in canada as being a pre'em ent central banker so it comes down to experience in monetary policy making. she's got 12 years of it at a very senior level, three years as governor when green span was at the helm and six years ahead i would argue the second most important bank which is the federal reserve bank of san francisco and another three

years as vice chair. she's got the experience, not just that but the forecasting record. go back to 2007 fomc transcripts and she was packetly the only one that saw the clouds coming on the housing market and the credit market. she got the call bang on. i think she deserves in terms of forecasting accuracy and her experience at the highest level of the fomc. i think she should be hands on the next fed chairman. >> david mohammed of pimco this morning essentially said whoever the fed chairman is this open discussion about the warts of all the possible candidates will undermine the credibility of the next fed chair person whoever that may be when it comes to their ability to deal with an international or a national crises? would you agree that airing dirty laundry is detrimental to

whoever that person may be? >> it's an unnecessary distraction. it has to be somebody who has credible monetary policy making experience. don's name has come up. he was right there at the senior level in his research period. roger ferguson again, somebody who was right there at greenspan's side who has the experience. the problem is that they have been out of the monetary policy making business for too long. janet yellen is still there and been in the front trenches. who else can you name that has the most important attry beauty. warts and on. is she too much of an advocate of quantitative easing? that may be so but she's a brilliant economist. and i'm sure when it's time to turn the corner she'll turn the

corner. she voted for tightening when the time actually came. she's got an open mind. she's a brilliant economist but most importantly and i'm not here just as an advocate for her but strongly believe experience matters most in this role. >> david, got it. thank you. >> coming up from electric vehicles to clipping coupons look at where to find tomorrow's hottest trades. we get to the core of solar city's stock and whether there is room for upside as the company gets ready to report earnings. back right after this. i get one view of my bank and brokerage accounts with one login... to easily move my money when i need to. plus, when i call my local scottrade office i can talk to someone who knows how i trade. because i don't trade like everybody. i trade like me. i'm with scottrade. (announcer) scottrade. awarded five-stars from smartmoney magazine. ♪ ♪ [ agent smith ] i've found software

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time to hit our brand new executive edge segment, a rapid breakout of the cnbc moments just in case you might have missed them. take a listen. >> the first quarter, second quarter gdp were both disappointing, earnings have been disappointing. the thing i'm most worried about is that revenues have disappointed. that usually means more earnings trouble ahead. >> there's a horrible whispering campaign in washington hitting all the stereo types, wouldn't be good in a crises. i'm sorry but i think the people

who are opposing or have made arguments with traditional stereo types have kept them out of these jobs. >> a sell on ibm. >> we tried to make adjustments. for example, they have done about 50 deals since 2010 the actual business is in decline. >> i'd call you bullish but i risk understating it. >> this has been the most powerful bull market since world war ii. they have only seen five, six other bull markets that have lasted this long four years, five months. this is the best of all of them. it's unkillable. i'm calling it the walking dead market not because it's unkillable but it gets no respect. >> they are two guys in a garage with a power point and a dog. so you have to sort of see through everything else and say is this guy or girl going to build something that is going to

be enduring. >> let's deal with the lpl because he's extremely bullish. >> jeff has been right for a long time. give him kudos. if you go to the other jeff who has been right all along on the way up he's cautious here. carter worth has been cautious as well. there are definitely reasons to be a little fearful here but a nine handle selloff as we mentioned with the s&p is not a big deal. i think there's a chance we're at 1725. >> what about the argument about janet yellen. >> it's so interesting that it's been a popularity contest or whatever you want to call it. i don't see a sexism there. rosenberg was just on. he was very voguecal.

it's not as if larry summers has never done anything. he was secretary of the treasury deputy secretary of the treasury. he's been in the real world. it will be interesting to see. i haven't seen a contest like this so open for a job like that. >> still ahead our viewers have questions on everything from line i don't know's gate to the home builders. we're trading your tweets neck.

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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, i'm just trying to make you a little money. my job is not just to entertain you, but to educate and teach, so call me. every nigh i come out here and help you find stocks that will