this thing a mainstream sort of currency? >> it's on "fast money". >> fast bitcoin. that's the wave of the future. >> okay cupid the dating site are now using bit coins. >> the second year in a row for the bitcoin black friday. >> it's going to be great. have a great thanksgiving. >> fast money starts right now. here is tonight's line up. the apple break out rallying to some of the highest levels of the year. wendy's ditching its pretzel bacon cheese burger. can they keep up sales without

those buns? the young man with emphasis on young behind the bitcoin black friday will join us live coming up. let's get straight to our top story which is apple's quiet come back and a technical break out for the stock. it is rare where we will start a show two days in a row with the very same stock. yesterday we were flagging the important level it was reaching. new highs for 2013 at this point. so you said you became more optimist optimistic? >> yeah. >> you finally have apple get above one year ago level and that actually triggers a lot of momentum players to get into this. i look at them as a retailer more than a technology company and this is the retail season. both of those things going for

them. that could really get -- >> i didn't think you said so. that is momentum players. are you a buyer of that? >> i'm definitely being critical. yes, last night we talked about your option on 2014. >> brian looking at it. out overnight saying they were producing 24/7, that they will make all production targets. these are things that have been hangovers for the stock. you add in the fact that we also said in the show, what would i rather buy? apple at 13 times? for a guy that has been very

bearish on apple, i do think this is is a technical break out. >> gobble gobble. your favorite phrase. >> however, september high was 703-ish. so guess what? 546 effectively is? don't get crazier here. for a long time apple will be a second half story. at the end of june, that's when it bottomed out. let's see how it performs. >> i want to see the broker's take on apple. >> exactly. what his technical fake was. this is what he wrote to us.

apple despite a 385 at five months is now just ignored. judged to be beneath despicable, but just gory. the stock has of this week has regained the 545 level. get yourself some apple pie. >> the guy can turn a phrase. that is fantastic. >> with we flagged this break out in realtime yesterday. here's the thing. it's always been a good buy valuation wise but valuation is not a catalyst. what you needed was something to wake people up and it's happening seasonally at the perfect time. this is a great christmas stock and they should blow it out this

year. the break of 5:30 was really your trig ir. now where is it going? who knows. just give it the same benefit. that's a $600 stock. it's the equivalent of buying a stock at 54. >> that's a pretty good trade. >> there are a lot of people who got into this stock. is there a concern. >> that's just kind of how people behave. >> people are going to hold on to the all time high. >> i actually think. that might be the first half. >> if shoppers what will they be buying and will they be buying enough of it? capital senior analyst joins us.

the black friday survey which surveyed all adults going shopping and only 31% said they intend on buying electronics. does that mean that the electronic stores are dead money? >> well, i'm focused on it. >> i still think that there are other things i don't think apparel is going to be a great place. so in terms of the retailers selling the items that you think will be hot, have we already seen the run ups in the stocks? >> i have been chasing my price targets a little bit. i'm still recommending ralph lauren and nordstrom.

>> which one would you say is a good bet? >> the biggest bounce from some of the beat up companies like coach. j.c. penneys. where expectations are extremely low. i think there are probably more negative data points ahead for the holiday season and perhaps some better points to buy some of the stocks. >> teen space has been a disaster. any value there in terms of valuations for the stocks being completely overdone to the downside? >> urban outfitters is an interesting one. i think the business is on a lot stronger footing than abercrombie & fitch. they have a strategy that works

well. they just had some fashion missteps. while the stock is not doing very well right here, i think that's a better place to be if you wanted to dip into a beaten up team name. happy turkey day. and it's hump day. all of guy's favorite phrases. >> and i'm going to fly to bean town and maybe go to fris co-. lol. >> coach or j.c. penney? >> ultimately there have been rumors that these guys are starting to see holiday sales. >> i don't believe there is value there.

it just -- gas prices haven't been this low in four years. if you think about where people are coming from for the shopper that we think has been wounded -- >> you know, actually i like coach. exactly what liz said. only going to take a marginal amount to make this thing up. if you can get through that. >> this stock is up from 48 bucks. i mean, the spiral that it was in. >> it's not doing a macy's or any of the ones that everybody just loves. >> josh. >> i liked visa for 150 points now. still think there is upside. 18 to 20% over the next five

years. why would we be talking about coach at all. >> one said that teen retailer could be the perfect take out target. our traders have a few other ideas up their sleeves. we told you monday about bitcoin blk friday and we are introducing you to what was behind it all. le go to a mattres le go to a mattres store and essentially they

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>> we are on winter storm watch as we head into prime time for holiday travel. we have the latest in new jersey. >> hey, melissa. the intensity of this storm seems to be a little bit lower than expected but what we have seen is the cancellations and delays. the snowball effect of sorts as the airline schedules get extremely backed up after three days of really rough travel. so far nearly 2,000 cancelled flights since monday. philadelphia seeing the brunt of those cancellations. the top number with 70 where we are right now, not far behind. dan baker said this storm has impacted every city whether you're going to or from one of the cities.

>> take a listen. >> the airlines have been stepping up to the cause. most of them if not all of them have been waving change fees as well as jet blue have been allowing customers to rebook their flights for no cost. that's key income this time of year. some analysts say there have not been as many stores this year. airline stocks are all up in a big way today. hopefully if you dwis are traveling you can make it to your destination. hoping for that delay.

>> back to you. >> our hearts go out to the people who are affected by the delays and cancellations. blah blah blah. at the same time, kay lala is in airport terminal where there is nobody behind her. >> the fact that the airlines are giving away anything is pretty good for the passengers. >> there was going to be. . >> this is 45%. if you look at the u.s. cars, what's happening is not only record profitability as lean and mean.

delta's cost are up 1.1%. these guys are running it tight. i think these guys will continue to be profitable. >> lcca approves. that's a close first week of december. >> we have talked about that. josh and i disagree. we like this both. i'm taking the other side. i think the recent $25 run -- >> you're going bearish. >> i think you can trade back down to the mid 120. >> i think it can trade back down to those levels. >> they have been doing quite well. those are the ones.

>> they tightened things up. when was the last time you got on a flight and the seats were not fully -- >> when was the last time you didn't pay a baggage fee. >> they charge you for snacks and bags. >> god forbid. >> i got to tell you something, not that it matters. >> you do not go. >> you guys standing on the aisle when i'm trying to get past you. >> no, no, no. put me on a window and that's it. just don't bother me. don't talk to me, no happy hump day me, nothing. >> all right. moving on. next top trade, twitter earns a buy rating. >> josh? >> this week we got a bunch of these. there is is a market perform. miller came back with a hold

today. that being said, starting this coming week, able to go out and meet with large institutional investors. >> next trade here, abercrombie & fitch saying the teen retailer might make a better take. >> now you need to start looking at other places. crocks might be sold to blackstone. but look at aeropostale's free cash flow. you have something like a guess. if you want to look down on the

shoe space, look at dekkers. >> i have one in every color. >> the sparkly ones, too? >> another potential candidate away from retail. this is a really tough business. there are no comp stories that are pubically traded. it's a very stable business. there is no growth. spits out a ton of cash. this is better off not being public and reporting quarterly reports. >> we have a lot here to be thankful for. each of our guys here are getting a trade they are most grateful for but it wasn't always great.

and the young man who started bitcoin black friday is hoping young shoppers will spend some of that digital currency this friday. tdd# 1-800-345-2550 searching for trade ideas that spark your curiosity tdd# 1-800-345-2550 can take you in many directions. tdd# 1-800-345-2550 you read this. watch that. tdd# 1-800-345-2550 you look for what's next.

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>> and the ones that should have ended up on the cutting board. let's turn to the traders to find out which ones they're thankful for. here is the trade you're giving thanks for. >> i think this is one of the big cap high growth stocks you actually have. this is the great multinational play right here. >> i'm thankful for that little hang over. i think this is a company.

so if you look at the valuation that a lot of people have scoffed at. so to me, starbucks a name i stayed in and a name i had to trim. a concentrated position that has gotten much bigger. i'm staying long and i believe these guys are going over. >> here is a turkey trade for tim. >> a better way to invest in the truer part of the emerging economies that you want to own. >> you should have probably have emerging markets relative to the s&p 500 have had the worst showing ever. i don't believe i have i think there has been a lot of ways to trade this. that's how i think you should trade it. i do think it could be bought. >> here is is a trade you are

thankful for. >> i think it will be useful. >> i'm not insulting me. listen, the stories are out here. if this comes in between 125 and $150 billion it's a $40 stock. i still like yahoo! >> here's your turkey trade. >> that was best buy. >> i was bearish. let's just get this right. i street fought over this one. he was the loser but turned out to be a winner because that

thing doubled. i haven't been to one. i like going i sit in the chairs and watch the game and sometimes fall asleep and drool. >> i am short nikkei and long yen. that's the best way to play it here. >> you know, most of the year i was long. that particular case i decided it was a good time to get short. i'm thankful for it because it went down about 10%. i was fortunate enough to get that timing right on that one. now, now you want to be long. >> and here is bk's turkey trade. >> i like buying gold here. gld. >> oh. >> i have tried to buy gold. 472 times i was wrong. .

>> you're not the only one. >> all right. josh is next. take a listen to the trade that he is giving thanks for. >> go international. >> the fact that the whole world is underweight. >> now what? >> since that call, some 18% versus the s&p 500 being up 12. we still think europe only relative to 100 markets. there is a lot of room to make money. we still like it. >> great call in europe. >> i don't know how you pick just one.

>> you know you said that out loud? >> yes. >> anyway. >> that's why we put him in. >> your call was on emerging markets. >> that was a terrible trade. that was actually a terrible allocation. emerging markets were really a cost to the portfolios that we manage. that being said we do see value. i think the lesson on emerging markets is that you have to pick them specifically. it's too hard to just look at them. some did well and some were horrendous. >> there is going to be a jsh brown hour long best trades of the year. >> what time for the folks? >> coming back to 15 minutes. i could be wrong.

>> bitcoin, let's talk bit coin. new highs. would you be willing to part with it for holiday shopping deals? we bring in the founder of bitcoin black friday next. that is the balloons by central park. more fast money straight ahead. you really love, what would you do?" ♪ [ woman ] i'd be a writer. [ man ] i'd be a baker. [ woman ] i wanna be a pie maker. [ man ] i wanna be a pilot. [ woman ] i'd be an architect. what if i told you someone could pay you and what if that person were you? ♪ when you think about it, isn't that what retirement should be, paying ourselves to do what we love? ♪

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>> welcome back to fast money. we are live at the nasdaq market site. bitcoin soring to nearly $1,050. john is with us, great to have you. >> i'm going to ask the question that everybody is wondering. how old are you? >> i'm 20 years old. >> so older -- you look very young. anyway, bitcoin black friday. the effort is to get people to use their bitcoins. when you have a vehicle like this going up massively, how do you convince people to part with the bitkoints in order to buy an

airline ticket? >> the people who invest a lot of money in bitcoin have received a lot of money as well because it has been appreciating and the value has been rising. those people will have to do their holiday shopping anyway. is your belief the more it is used the more it will be worth? >> also, if you spend any bitcoins, you can also buy more to replace any you have spent. >> i'm curious, the one flaw is the fact thatny anybody can make another coin. i might start a bk coin. i'm not sure. >> i would buy that. >> what's to prevent anybody from doing that? why do you think bitcoin is going to be the winner?

>> plenty of people create these at coins but you're really fighting the network effect. >> it's josh brown. i'm curious. if we're saying that the value will go up and it's an investment, why would you be encouraging people to spend it. >> what's the right answer? >> so, there are two ways to look at bitcoin. you can use it as a speculative instrument, much like gold. that's the real edition. >> thanks for your time. interesting premise.

i'm glad you brought that up. if you are in this investment which has gone up so much this year and you think it will go higher, why would you want to cash out? >> let me tell you what this really is. this is gold for techies. you are seeing all these guys with huge ipos and huge takeovers. everyone's a billionaire that lives in silicon valley. i just think it's like something that is really hot. it can go on for a long time. if you think it's going higher, i have no idea why you would want to trade this for something that is not a bitcoin. >> we are wondering, it's a game? >> i like it.

>> maybe this coat is pinterest page? >> the zoey coat. >> i got it on sale, by the way. >> why are you not modelling it? >> forced to choose. >> priceline. the coat is spectacular but how many times can i wear it? price line, that's where i would go. >> with easy for me. bitcoin. >> come on. >> are you serious? >> i am dead serious. it is speculation. this is tulip mania all over again. >> we will hold that clip. >> hold the clip.

>> molly was one of the better trades. >> google. 29 times earnings. it's not cheaper. this is 20 times growth at a multiple where you are seeing a company that is dominating three different segments of the economy. i like it. >> i know that a lot of you folks are wondering why are they always talking about bit coin. are you still confused about bit coin? we have answers for you. we are bringing in a global currency expert to answer all of your burning questions. >> yesterday's number blew people out but the reafter mags is probably the best side of this. if you look at where their growth is coming we don't exactly know.

today it hit the highest set back in august. i would not buy this tomorrow. >> move 3%? >> if there is ever a day of fast money, we had him on pauking about how this is is a great company. >> personally i don't think this one is done taking pain. i would not try to chase this bounce. >> you trade close to 40 times you need more than decent. i think there is still room for downside. >> and we get a drop for easy break ups. suing for secretly with holding shares the plan claims she

posted to twitter. 10 to 50 million dollars according to court documents and he claims that money should be a marital asset. >> absolutely. >> come on. >> stick around. >> he should have a happy turkey day tomorrow. and leave him alone. >> gobble gobble. >> i disagree. take half. you know what's coming to you? >> what's coming to me? >> i'm just saying. >> let's move on. after new jersey officially legalized online gambling but many warned not to bet the house. hey, mike. >> it was pretty interesting. right before thanksgiving but actually these were names that saw above average put volume. first caesars saw two times its average put volume. boyds was seeing about 1.5 times its average daily put volume.

this on a day where you would expect to see fairly light activity. >> and you're watching the mgm trade? >> that was one that stuck out a little bit to me. it was the one that was clearly one institution. we saw a buyer of the march 16 puts. the fact that it was fairly far out of the money, this was close to $1100. basically a bet on 800,000 shares. and that's ektd pekted to continue. >> props for the pocket scare. it's a preturkey day show. and sometimes people dress down the day before a holiday.

>> wendy's ditching its beloved pretzel bun. what is replacing it and will it be as much of a hit? [ 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. ♪ [ male announcer ] this december, experience the gift of exacting precision and some of the best offers of the year [ ding! ] at the lexus december to remember sales event. this is the pursuit of perfection.

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the u.s. dollar may be giving you a hint. time for the chart of the day. >> i think the bond market likes to get ahead of the market and ahead of the fed. this is is a major trend line where it's now basically support for the dollar. the yen was seeing serious resistance. if you look at the data that came out today, very good data.

the commodities today, i this i you should be scared. >> you saw the euro weaken and dollar strengthen. >> wendy's has pulled its pretzel bacon cheese burger. the burger has always been offered as a limited time promotion but it has certainly helped sales. wendy's ceo saying our third quarter two year operated same store sales was our strongest comp, driv driven by the highly successful bacon cheese burger. maybe they can pull a mcrib and bring it back occasionally.

>> but in terms of wendy's josh, i turned to you and i don't know why. >> i think i do. >> go ahead. what have you got? >> they are discontinuing it at least temporarily but they are replacing it with these specialty sandwiches. one is the pretzel pub chicken sandwich and this is the briosch bun. >> forget thanksgiving. >> take one? i'm not touching that. >> i'm not eating turkey tomorrow. >> i can't choose. >> you're going to take two? >> what would you say? is it cold? >> my trainer is going to have a

ka nipgs. >> trainer? >> let's talk about the trade. >> it has got big short interest. i know this has become a running joke. i think if you want to be in the restaurant, look at how poorly mcdonald's traded now. >> i have special sauce all over my hand. >> is it delicious? >> these guys to me are still the standard. the global business is also alive and well. it's not as if mcdonald's didn't

grow sales. >> i think yum brands which just broke out 72 to 75 had been resisted. think about their hot product, the doritos taco, they're not pulling it. they're not pulling it off the shelf. they're expanding it into different flavors. >> speaking of expanding -- >> you put two burgers. if you eat them -- just just because you eat them you gain weight? >> what is that? an art escalation? >> this might go on my pinterest page. >> what could become the biggest market in the world? you tweet it we trade it that's next. announcer: where can an investor

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welcome back. in case you missed some of today's top moments on cnbc, here is is a rapid fire recap of

tonight's executive edge. >> if you have a lot of cash, i think you probably couldn't spare the market. you don't stay out of the market waiting for the moment of truth. >> they are being more conservative with their holiday spend and travel. >> and the question of revenue growth is really going to be how fast can they growth the growth businesses. and can we slow the decline of some of the legacy businesses? >> chi that is going very well for us. think we have three commercial theaters. it's been very rapid. china is probably our biggest

market in the world. >> we have always been open on thanksgiving. we staffed up this year with hotter than 70,000 seasonal employees. >> what do you think about stores taking a stand on not opening on thanksgiving? >> good for them. >> i think it's fair. i think their employees. >> i think the kpen tear he explained about waiting and not being in the market. that's a really important lesson for most people who aren't trying to time things or have learned thash lesson in timing. i don't try to time myself. i don't wait for dips. i wait for dividend to come in. i think for most, that's a much

better approach than thinking you have an edge. >> the markets screaming highs. >> you have missed the best rally in the s&p 500. you could be walking into a tidal wave. >> you always could be. that's the point. of course. >> as bad as it's been in five years. >> in 1983 we were at all time highs. you could always be walking into a tidal wave. >> in 2006 if you were first allocating a portfolio you had a good run for about a year. and there was no uncertainty. i think that is really a key lesson to be learned.

>> it's volatile stock. i think it pushes up towards 40 bucks. >> let's get to tweets. this is for guy. give me a list of good indicators. >> you know, i think increase in ipo activity, that's something you want to watch. and the one thing i watch for is ib creased volume. >> tim? thoughts on baidu? >> this is 25% growth at roughly 30 times earnings. i didn't want to be buying it. it has traded this level and held this level. i think it broke through. i like google. these guys dominate. you want them. >> could you play u.s. nat gas fund in something like arch

coal? >> you can but they are not perfect inverses like they used to. a lot of cold and gas happened in the rez accidential. a lot of the demand for gas has come from residential. so it's not exactly a great. it's patchy. >> it's not a great distance. it's not a great shape. they have nothing positive to say for a couple of years. they do have a tremendous amount of balance sheet strength. they could really work against you. so if done well, there is a kpoen after all and they will find a way to grow. >> got your first move tomorrow when we come back. stay tuned. tdd#: 1-800-345-2550 trading inspires your life.

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>> turkey day final trades. >> we is had a spirit's expert. buy vco, wines and spirits in south america.

>> this day before gobble gobble, i'm giving you pilgrim's pride to buy. >> oh my godness. >> don't give him any more of the good stuff. after the first wine. don't give them any more of the good stuff. >> happy thanksgiving. mad money starts right now. >> my mission is simple, to make you money. i'm here to level the playing field for all investors. there's always a bull market somewhere and i promise to help you find it. "mad money" starts now. hey, i'm cramer. welcome to mad money. other people want to make friends. i'm just trying to make you a little money. call me at 1-800-743-cnbc. today, i want to talk to you about the big picture. building wealt