tv Fast Money CNBC December 2, 2013 5:00pm-6:01pm EST
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>> you might have noticed that go go was up 17%. they got permission to install satellite capability. it's a big step to offering go go wifi on international flights. >> planes are no longer a refunl. >> "no more. fast money starts right now. here is tonight's line up. feel like you have missed the run in? stocks have four ways to make you money before the end of the year. a 3d printing stock is getting a pop today. up veils a full color printer. discussing whether or not it's
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too late to jump into the 3-d trade. and investors looking. might want to know how exactly the currency works. just discuss and answer all of your bit coin. searching for santa. it has been the best month for the dow since its inception but today the dow jones is kicking off the month in the red. what was more trouble is that the small caps declined down 1.2%. usually they're a leader? >> they have been. we pointed out how the small caps are getting really extended. so, you need to be concerned. when the generals start to retreat you need to be worried here. there is still places to make money on this market. we have not fallen apart at all.
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one of them for me is a name i have mentioned in the past. when you see today we had very high oil prices. that will drive a lot of natural gas around the world. >> brian is giving me a little taste of the trades you will see. is that a play on your belief that the broader markets are going to decline? >> it was a play that the russel was really ahead of itself. iwms and it was because a couple of reasons. it seemed like it really had to come back in. it seems like that run is in the last leg.
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i think there is more convergence to go. >> can we trace up to the ism number? the blif that it will actually happen? >> i think that has worn off to a large extent. >> so far. a lot of the global pmi numbers. uk was the best we have seen in a few years. i will give you that. the market, i don't want to make a big deal out of friday. today's was more interesting to me. you had the market, every opportunity to continue the rally.
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triple m, big stock. that stock was off 4.5%. %,% and a half. but 4.5% was worth watching. what does it mean? might mean nothing. but we're definitely right. maybe today was a start. >> i actually hope we see a pull back. most are waiting to see new cash to work. >> you need a significant pull back. >> we do. >> what caught my eye was financials today. a couple had very nice runs. almost 1.5%. gained a full percentage up by the end of the session.
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>> that is going to help the financials out. >> as you know the s&p 500 is up more than 25% this year. >> google. and you guys have heard me mention google for a long time. google you have search and youtube. you also have chrome cast and chrome book. i would stick there. it has had a great year. >> i want to go to karen. >> i like. >> i believe we are on the commercial construction rebound.
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you think about it sort of turbo charged. if you have equipment that is sitting idle and then it's rented that is a gigantic plus to the bottom line. >> how does this play into your way? >> guy? >> i look at the world differently. just trading opportunities. i think you got one last week. carl icahn added to his stake. manifests itself in a move to the stock. down to $15. that is something i am always on the look out for.
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any number of things could come out of his mouth. 75 to 80% of which should be positive. i don't think he's going to come out and say i give up, i was wrong. just on the fact that you saw the capitulation alone makes it worth it. >> we are not dead yet. >> that was the joke on twitter. >> blackberry is not for everybody and that's okay. >> for anybody? >> anybody? yeah. >> but, you know, i thought they could separate this company. the problem is what do you do with hand sets? separate it into a security company. the blackberry messenger.
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the problem is they keep repeating that they are dedicated. >> the same thing with windows. they are trying to be apple. the ship has already saled on this one. >> it is gigantic. i love the product. it is held together by duct tape because they can't get a new one. >> apparently you can because they are still alive. >> look for bounces and try to
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find opportunities to sell on bounces. >> apple now positive on the year. the firm up against apple to 625 a share. >> i think it has more room to run as well. when we talk about a product that people want, here you go. and you saw over the weekend. >> 625 is easy. stocks tend to overreact. >> there are catalysts but i will point this out. you had a big day in the upside. we talked about. i think carter pointed out the 385 low we saw this year. the high we saw in september of last year. so, you know, when stocks make that 50, 60% correction.
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i think you're going to see one. i'm not saying it's going to 485. >> you see the headlines. apple buying top seed. it's pocket change for apple. it speaks to the direction apple is going in. this is is a company that specializes in twitter data. so analyzing twitter data. this is an interesting one to keep in mind. >> we have got initiations guy, i wonder if there is pressure not to be overly rosy because they are underwriters after we facebooked, nobody wants to be seen in the back pocket. >> okay. the one that sort of surprised me were the $36 price target. that is sort of where my head has been at all along. i actually think it goes a
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little lower than that. when everybody thinks something is going to happen it dipically doesn't. >> that's where it gets interesting again. to me at these levels, i missed it and i will say my bad. this is where you start to get in. >> shares of krispy kreme. >> melissa, those shares are getting really just hammered. they fell short of expectation. international same store sales would likely continue to be
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negative. entering today, shares were up around 160% for the year. so like oscar said, optd mists see the donut and pessimists see the hole. >> do you guys ever eat krispy kremes? >> fresh off the assembly line? >> with the red light? >> really? >> i have to go. >> josh brown on the fast line. >> he has a pot belly right now. . and bit coin investors are enjoying an 8,000% return. tweet us and use the hash tag
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announcing the first ever full colored three dimensional printer capable of turning out multicolored models. it is the latest development in an industry that has been on a tear today. >> it changes the way you see the world. before you have a 3d printer, you think i want something where can i buy it. when you have one you can make it yourself. >> if i'm a consumer and i'm just starting out 3d printing how much would i have to spend and what can i do with it? >> a maker bot is a desktop and it is $2,200. if you have never been into one,
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get one and put it on your desktop and start making wonderful things. the material comes through this tube and it's drawing one layer at a time. it used to be you had to have a tycoon to have an idea and make something. now you need a maker bot and a laptop and you're up and running. >> and a $2,000 machine? >> when you run out you scale it up and make another. >> is there a maker bot economy that is dropping? >> people are using them to pro toe type for other people and making products straight off the maker bot and selling.
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>> is it everybody who might print something? what is the potential here? >> it's one of the things where we're just reaching the threshold. you might know somebody who has a maker bot and if you do you can use theirs. we're coming up on that. i predict we will get to the point that you know somebody who has a maker bot. now you know me. just come to me. >> now i know. >> maker bot was recently bought by statasis for $103 million. there are a lot of practical things you can do. obviously the hands and you can print knobs and things. >> it's a question of do these companies get kmodtized? there are a few of them out there. valuations don't make sense. we have had that whole conversation. do yo really want these kind of
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stocks? 52% short interest. >> uh-huh. >> recent ipo. it's very hard to make money on the short side here. i think you have got to play these from the long side. >> this is the actual pras let that we printed. you can buy one of these printers for $2,000, spend $75 on materials and then print all of your christmas presents. >> i don't know what gifts i would print off of that. >> happy hanukkah. >> there you go. >> the retail audience, a lot of the names can be extremely volatile. i play it through hp. >> that's a lot of time to wait. >> are you -- >> a bigger thing is a lot of
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these patents are not expiring in 2014. i don't know who gets bought or what happens. i would rather play with a safer bet. you have so many other businesses that might crowd out the valuation. >> when you start to talk about 3d it immediately becomes a growth stock. i would like to see something different than this. >> i have got a chain and a screw. >> i feel like that is a riddle and how do you get out of a locked dor? the machines are going to get
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actually today was a lot had to do with what was going on. brent had a big move today. the whole story is the products. heating oil, diesel and gasoline. refineries are running at full capacity. today i went long on oil as well. >> is there another leg for the refiners? >> i have been dead wrong and he has been dead right. brent had held in a much better than wti.
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>> we saw the opposite. i don't know how long it continues. specifically the resistance was 45, 46. the trade is well above it. >> we have been talking a lot on the show about bit coin and since the virtual currency to answer all your burning questions about bit coin. thank you so much for coming by. you cover actual currencies? >> real money. >> how is bitcoin different? bitcoin enthusiasts will say that sit a replacement. >> there is a university of
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digital coins and currencies. >> generates them. >> the nation state hads a monopoly on printing money. >> generated by computer formulas. same way that ben ber yeah key creates dollars. >> we want to answer some tweets. we got a lot of them. they want to catch up trades and they look at bit coin as one. the first one is from will w.
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does this really have a chance? >> money has many different functions. 6. >> the use of money is a stored value. if that is a value when it's va volatile. i think it could help supplement it. fir vin airlines was able to take bit coins. a woman paid. you know what they did? cashed it in right away. otherwise they take on a currency risk. >> what do you predict the tipping point to be? is there one?
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can it become mainstream? >> i don't think it's papal and credit cards can get you as far as you want on the internet now. >> when it comes to the value of the dollar, it's very transparent. the bit coin is hardly a fraction of that. it's a rounding error. the bitcoin is set up to limit the amount of supply there ever will be.
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>> mark chandler, bbh. you said the other day that you would actually buy a bit coin. >> the value of bitcoin is a function of how many people accept it as currency. there will come a day once people stop accepting bitcoin. between now and that day, i think there is is a long way to go. >> robert shiler just the latest name to sound the alarm. we will hear from one strategist who is taking the other side of that argument. that's next plus the company that is paefing the way to use the internet on international flights is going global.
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regulators have deemed no further steps necessary. so tesla at least getting a clearance if you will from german transportation safety authorities. >> thanks. germany was the market where tesla faced very stiff competition. the likes of bmw actually gaining share there. i have made money in it. >> the dough losing ground today as we enter one of the best months of the year. bob, always good to see you. >> are you going give me the whole chase for performance line? >> probably some of that will happen between now and the end
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of the year. let's hope both months live up to expectations. if investors are going in and they are looking for their catch up plays what would they be in your view? >> i think we will get modestly more economic and earnings growth both here in the u.s. and globally. >> all of the bubble talk. i don't think there is one. i think valuations were reasonable five years ago when the world almost came to an end.
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which you can see in the vix. but new york city stock exchange we talk about many times on the show as record levels. do those things concern you at all? >> have to. we are in unchartered waters. a bubble consists of oef valuation, over ownership and over leverage. i think the proeblt of that is very low. >> bob, great to see you. >> it certainly was a little bit of a tough day.
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>> i mean, to move it out of our systems is going to take us 12 to 24 months. >> it's about 15% of our asset base. >> large retailers are cautious this year. >> we pick up over 34 million packages. >> our forecast will be an increase of t% oh in the year. >> that's an important indication. >> we regular ly.
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>> are you concerned that perhaps you will promote your way to a decent season? >> maybe. we did see a little bit of macy's today. i want to wait. i really want to see what cyber monday looks like. you have got to look at the whole season. it sounds like it's here to stay. >> it has been nice. had a nice run today of 2.5%. this is is a level that we had trouble with back in 2011.
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>> all week highs. >> huntsmen. >> in flight internet provider having a break out day. the stock jumping 17% on news that it will install technology. joining us now is the ceo of go go. michael, welcome back to the show. what will international fliers be able to do in the first quarter? to commence operational service internationally and on select flight flights we expect it to be available to customers.
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>> so e-mail, twitter, streaming, all of that? >> still won't be streaming directly but we will have our go go vision on the planes. so you will be able to see pre-loaded tv shows while you're flying. >> is it better that customers are using it for longer so you get more of that? or is it the contract with the airlines? >> we charge the customer and then we share a portion of that revenue with the airlines. the more people use it the more money they will make. >> what are the barriers to entry? can someone come in and undercut you? >> go go has made tremendous
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investments. we think we have clear technology leadership in the space. equipment moves around and you have to be able to take care of it anywhere on the face of the globe. >> international expansion has always been viewed as that catalyst. >> there are about 4,000 commercial aircraft and there is 13,000 commercial aircraft outside.
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in terms of percentage of u.s. aircrafts that you're on, is that the same target? or are there other barriers there? we hope to do well so it's a little harder logistically to be everywhere serving all the world's airlines. but we plan to do quite well and get our fair share. >> all right. we're going to leave it there. appreciate it. up 17% just today. >> it's a monopoly business. there are not anybody else realitily out there. it's a momentum trade. you can be in it but you have to be nimble.
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you decide which is real and what is not real. >> i cannot wait to see how this connects to the amazon drone. >> jumping shark. >> that's it. every great company dies some sort of death. if he can market the company as a cutting age innovative company. >> he also said it's going to be five years away and he's an optimist. it's a really cool idea but you cannot buy amazon because you think they will cut costs with drones. >> can you imagine if it's too windy and the thing kand land
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and you can't get your book? >> it's really interesting. >> we will have more on the drone age. he will join us live to discuss the newest technology which of the regional banks does the desk like? >> last week i talked about taking profits to the regional bank. but look at suntrust. i look at banks at this point in time. >> all right. next up, what is going on with yelp? >> it looks like once i filled that gap it spiked higher in early september. i wouldn't buy this stock.
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i don't like the technical. >> is j.c. penney a buy? >> i don't think so. it's a lot lower than it was but it's not cheaper and it's not cheap. >> i think for a lot of this move on fundamentals. i think the last now. it is sort of scary. it could last a little bit longer. n now. >> all right. we have your first move tomorrow when we come back. stay tuned. tdd#: 1-888-648-6021 there are trading opportunities
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>> yes. i'm sad to part with some of my macy's. it's time to take money off the table. >> identify risk reward. i think it sets up well. >> all right. thanks so much for watching. see you back here. don't go anywhere. mad money 5:00 for more "fast." don't go anywhere. "mad money" with jim cramer starts right now. my mission is simple, to make you money. i'm here to level the playing field for all investors. there is 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 safe you a little money. my job is not just to entertain you, but to educate you. so call me at 1-800-743-cnbc. leave it to twitter to produce the ultimate question that is defining this stock market. including today where the dow sank 78
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