inspirational or mass kiss tick. >> we're going to have a throw-down later. >> thank you for being here. "fast money" in just a few moments with melissa lee. what's on tap? >> spirit airline from a consumer perspective they might be annoying because they charge from everything. from a wall street perspective they're well loved. we got the ceo on tonight in an exclusive. >> over to you guys. >> "fast money" starts right now. live from the nasdaq market site. i'm melissa lee. our traders are here. moving the needle on microsoft. we got the analyst who upgraded the stock. he'll explain why he's excited about the company's growth prospects. the nasdaq and the russell 2,000 breaking out today to boost the economy and battle deflation. then hedge fund giant david

tepper. did tepper give the all clear sign ahead of tomorrow's jobs report. brian, what do you say? >> i think they probably did. it makes the jobs report less important. what the ecb did was quite a big move. because they went to the negative deposit rates. they have the book on point. remember in my opinion, i think mario is one of the best central bankers in the world. he was able to get bonds down to record lows without buying a single body. -- bond. >> almost double. showing that investors are willing to take on some risk. >> yes. it does. i have that long s&p short. i think david tepper is messing around. i really do. if you're watching, i have no

idea if you are or not -- tell the truth, i think he's messing around with us. >> messing in what way? it lines up with what he told us at the conference and that is he was getting concerned. but after memorial day like the ukraine elections, he would be willing to get more long the stock market. he wasn't going short back then even the market sold off. here we are. >> you know, you hear the old expression never short a dull market. we have got record lows basically and we have all the reason that is people were getting beared up in april or may, i don't know, i can't remember what they are anymore. everything seems rosy here. that's the -- the decline was about 11%. we're about 5% off of the lows and 5% from the highs. if this gets going and retests that previous high, it could be lights out all the way up.

i don't even know. >> volatility index coming down here, i had to buy protection. >> pete is smerking. >> karen is doing the right thing. now you look at the s&p. it's up 60 points. and look at the s&p now at 1940 and everybody wanted to get away from it. we had a great opportunity with david tepper. he never talked about anything other than the markets seemed to be trading nervous. he took a leveraged position off and still heavily invested into the market. >> he was still long. >> i'm saying he was negative on the market. he was never a bear of the market. he said he's still in the market but taking the leverage off. it's a smart traders trade. right now with the -- the volatility is telling me i could protect and continue to roll and stay into stocks. great example.

canadian pacific. been able to stay in for $30 or $40. great opportunities. grindi grinding, yes. the opportunities are awesome. >> we get the all clear signal. what did you put on today? i bought german stocks. i actually did somewhat of a paris trade if you will. i think the signal from the ecb is financial assets are going to do well but also a signal that the global economy isn't as strong as everybody thought. i sold some more oil and copper. that's the slowing economy play. i took off gold, too. negative interest rates in europe will be positive for gold. >> think about some things quality names trading at reasonable valuation that is may have a shot of getting back to the prior highs. one of them is cisco. >> cisco. >> another is ford. another is ge. >> do these stocks need catalysts or -- >> if we get the iwm back in the

highs i think people are going to try to play some catchup with some laggers. i think you can go to some quality names reporting descent earnings and maybe as we get into q3 and july and q2 reporting season, people buy cheap valuations. >> so you're waiting for another move and then you put on -- >> let's see how we react to the payrolls tomorrow and what's reported. >> cautiously bullish here. record breaking day on wall street. one analyst says it's a selected environment for stocks. let's go to chris. got to ask you about the s&p 500 because it seems like another record in the books. >> i think the message of this trend is don't fight the tape. and we have seen that the last couple of years. every pullback has been bought. we think this one is no different. internally it is a bit more

selective than it was last year. there are pockets of strength and weakness. we had the great breakout this week. gets up to 1940. 1980, 1990 we think has to be the target. we're modestly a little overbought right here. i would use that 1915 range as a buying opportunity. one point i want to make is when we look internally at this market, there is still a divergence in what we're seeing down the cap scale. about 85% of the s&p 500 are above it's day average. as we go down, smaller caps not participating to the same extent. we're curious to see if today's move will start to change that trend. >> one should assume that either the percentage of stocks in the s&p 100 has to go down above or in the smaller cap size they go up? >> that was the big lesson from

last year. it didn't really matter what you owned last year. you just had to be involved. we still think this year is more about stock selection. >> chris, what do you see? >> favorite name, let's go to health care. thc about to get through 50. the target, 77. great base. it's done nothing for almost 15 years. the street doesn't like it. hospitals as a group look fantastic. hca as well. great group. we think it goes higher. >> appreciate it. what do you think of the pick? >> i like his pick. i think what is starting to propel the market to the upside, when we look at the financials, today new 52-week highs. look at citi and goldman sachs have been trading. i still look at citi. they start to spin off some of the entities they have got

overseas, specifically the u.s. i think that opens up the stock to get closer and closer to book value and call it 60 bucks a share. >> i think it's cheap. i don't know what they're going to spin. >> they're smart. >> well there's that. they're smart. they'll continue to try to pair off asset from citi holdings. i think so much was made of the failed stress test plan. it's a delay. i don't think it changes things fundamentally. i like it. it's cheap here. >> i got to add here. >> what do you got? >> talk about parody. we sound too bullish. we may go up -- >> she has insurance. >> i said we. collective we. we're good. >> oh. >> i think the up side/down side is you get 3% to 5% of the up side. >> the risk reward is not there to be long.

the risk reward the to be long is still not there. >> i think the risk reward is there. you have to have a very tight stock. i'm using 1908. >> this is a trade. >> i don't think you can go all in. >> we're going to 2100 in the s&p by the end of the year. get in now. >> get this. karen told everybody forget the stock. she's got the puts in place. >> yeah. >> last year the s&p was up 30%. this year right now it's up 5%. we're probably up or down 10% market. if you protect everything with puts you're going to kill a ton of performance. >> i disagree. >> it's all so low and hard to hold on to options. they're bleeding away. >> they're bleeding away but starting at a level that it doesn't matter. if you want to go to individual names, even lower. when you look at the pe's of the energy space, and you're looking

at 16, 17, 18, 15. and these are far too cheap. >> man behind the microsoft call. we have got the analyst who upgraded the stock for the first time in three years next. and amazon is coming out with a 3d phone. will amazon be able to break into the smartphone wars? who do you think is more flexible? dan nathan or brian kelly? can we unsee things? we'll battle it out over next week's earnings report. a street fight you will not want to miss next.

one of the most annoying songs on the planet. looks like apple and samsung can have a surprising new competitor in the smartphone market. amazon sending out invitations to a product announcement in seattle along with a video teasing its newest offering showing a woman holding a device that looks like a smartphone.

there it is. just the top. but you see it. all right. so amazon shares spiked. i mean, is that -- does that make any sense? >> i want to see something else. >> oh, my gosh. >> i'm just saying. >> that's phenomenal. >> i will say this. when you look at amazon's entrance into the market, they have low single digit market share. they have never been able to make roads with the fire. >> yeah. >> i just don't -- listen, unless there's something revolutionary there, they're not going to have -- they're going to lose money on this like the other hardware. >> for the stock to be up 5% on this announcement is a little crazy. >> is it an announcement? >> yes. >> when you look at amazon, you have a hard time putting your arms around the stock. you look at pe and it scares you

and the margins. i don't think you have to chase the stock. >> so you fade the move? >> i'm fading the move. >> as amazon hints at a new smartphone microsoft could be trying to expand its share of the market. outperformening after three years. let's bring in senior analyst at capital market. you upgrade the stock now. it's moved up 32% and that would imply a 20-something percent move to the up side. what make you more convinced than ever that microsoft will do something and gain traction? >> it's more about office 365. everything we see on cloud signify the turn-around. we can view $4 billion to $5 billion revenue stream and what

is starting to do on mobile and turn around. we can see an incremental 40 cents to annual earnings. that gets us positive on the name here. >> it's about office 365 on mobile devices and whatever they traction they gain in cloud because you say microsoft is on the heels of amazon web services, that's further upside to your scenario? >> yeah. if office 365 takes off, i mean that could start to -- from a cloud perspective, you could see this company start to grow high single digits and to get away from the challenged pc environment combined with what we see on mobile and tablets. you finally feel there's a pilot on the plane. >> if your scenario came to pass, what would that get you on the earnings and what multiple do you put on it? this thing has had a shrinking

multiple for a decade. >> you could add 40, 50 cents to earnings. it's really about giving them more a view on the cloud business and more respect on the mobile turn around. nokia is going to be an up hill battle. but the 40 to 50 cent earnings could start seeing investors going to overweight on microsoft. >> so i'm curious, everybody seems to be bullish on microsoft now. what can go wrong? what news item would you see that says this is not working out? >> 70% of stock are still kind of on the sideline. it's more about nokia that that could blow up. we think they're going to guide

lower in the next quarter. i think they could go from 2% market share to 10% being everything we hear. nokia is the x variable. cloud you feel good about. nokia is one variable. >> that could be a -- nokia $7 billion acquisition. >> they're going to write that down. him talking about getting the 10% market, that's a dream. this stock works because it's got a 2.7% interest yield. they seem to have things in order here under the new management. i'm not saying you chase it as a trader. >> i not only think it's going to break out, i think it's going to go towards 50. i think it's now most recently because adella brings something

to microsoft. he's got the direction for the company. part of the transition is the cloud. maybe the smartphone market, maybe they get incremental there. >> again, dan said not about that at all. >> when you think about it, you talked about some of the yield that you get on the stock right now and all the rest of it. the $80 plus billion dollars sitting on the balance sheet. they can still making a significan -- acquisitions. >> they can leverage up, too. >> you mean like nokia? that's the problem though. >> no. >> earnings on verifone. dom. >> verifone shares are spiking just off the after-market highs in the after hours here. that's after the company beat wall street earnings for the second quarter. you can see the stock is up about 3%. what's interesting, a big reason why they beat result is because

retailers are upgrading their point of sale machines to the ones that can read all those advanced chips on the credit cards. they're selling more advanced products and a trend you can see continuing as people becoming more weary of credit cards less secure than others. >> dom, thank you. karen you have been investing in that for a while. >> for a while. but i would revisit this name. but something like a target where that big breach, that's good for them. they had to replace all of their -- >> point of sales. >> yes. >> need someone to go to the outdoor summer beach party with? yes, there's a robot for that. one capable of expressing emotions. plus, move over dan nathan in your triangle of death warnings. bk is coming with a dog of death chart and ready to take you in a street fight over lulu he mon.

♪ ♪fame, makes a man take things over♪ ♪fame, lets him loose, hard to swallow♪ ♪fame, puts you there where things are hollow♪ the evolution of luxury continues. the next generation 2015 escalade. ♪fame

. soft bank kicking off with the introduction of pepper, the company's new human like robot that can sense feelings designed for personal use such as baby sitting, accompanying you to a party or a make-shift nurse. selling for $1,900 u.s. karen? >> i bought into the whole alibaba story and they were great allocaters.

not this. >> you spread the cost over -- >> you can reuse it for whatever your needs are. >> moving on, seeing big gains following through, the chinese offering $1 billion. >> why are they raising this money. they said general purposes. is there some sort of acquisition strategy? when you look at the company and you break it down, they own search in china. you look at the forward pe, where it's trading, extremely low. this is interesting. i like baidu here. >> twitter, paying $50 million for mobile add startup. >> i think you're going to see a lot of acquisitions like this. this company knows they're up against the ropes.

the stock is down 50%. i don't think they care about that right now. i think you have to focus on their q2 results. coming in early or mid august. i think this company has the potential to see a bottom in around 30. that was the post ipo lockup low and it wants to bounce off that level. every time i get down there it bounces. i'm on the call. >> lululemon gearing up for earnings to neutral from underperformed. the street fight. 90 seconds to make your case. kicking off with the bull, dan nathan. >> the bull. this thing may be so bad it's good. they report earnings next week. the implied move is about 10%. that's a pretty big move. they have a new ceo. the stock is down 50% from the all time highs. down 25% on the year. when you think about it on a valuation basis, like under

armour trades at 78 times. expectations have come down massively. you have a setup with poor sentiment and poor technicals. i would be shocked if the new ceo lowers guidance on the second quarter with the company here. heading into the quarter here, i think you probably have the potential for a bounce on the slightest bit of good news. i wouldn't short it or press the thing. >> a ringing endorsement. the slightest bit of good news, we might get a bit of a bounce. take a look at the chart. you can see that that's the -- >> that's a person. >> that's a person. >> funny. >> doesn't go with the chart. >> it's resting on some very key support here. i don't think it has the momentum to push through. i think you can fall into corpse

pose after this. you have nike, under armor and the gap coming in. their margins are going to compress once everybody gets into the space. i don't think you buy it. >> 23% -- i'll make one point. support with high short interest, it's a tough trade to press a short there. >> i agree with this guy over here. >> why? >> it seems asimilar it trick to me here. >> pete, what do you say? >> i'm with you, dan. you convinced me. >> whoa. >> but i liked this company for a long time and obviously they have gone through some serious issues and with those issues they lost market share and started getting that market share taken by nike. >> who do you think won the

street fight. using #bull for dan or #b for bk. coming up, how would the exposure of hidden costs affect spirit airlines? plus less than 24 hours from the massive apple stock split. what's the trade ahead of the big move after this brake. 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? ♪ paying ourselves to do what we love? drivers want to go further with their electrical vehicles. but you can't take a trip from lisbon to stockholm if you can't plan and re-charge along the way. the european commission is using cloud to make this possible. creating a single charging and billing network across 28 countries. so drivers can travel as far as they want to go and when they want to go.

trwith secure wifie for your business. it also comes with public wifi for your customers. not so with internet from the phone company. i would email the phone company to inquire as to why they have shortchanged these customers. but that would require wifi. switch to comcast business internet and get two wifi networks included. comcast business built for business.

. if the government gets its way, all air lines may be required to spell out charges for items like carry on bags. that's a practice spirit airlines has in place. doing better than many of its rivals as well as the mx rival index. joining us the ceo of spirit airlines. ben, great to have you with us. >> thank you. >> clearly the government has this notion that consumers are confused and so somebody out there, another competitor perhaps, maybe a legacy carrier

will have to spell out the fees and that could be off-putting to consumers. do you think this is an advantage for you when it comes to fees? >> we do think it's an advantage for us. we like to think of ourselves as the transparency leader today. our website has been a model for the transparent industry. we think the more people know, the more decisions they make. all also, it's good because today there's a disconnect between what airlines are required to show and what third party sellers are required to show and leveling that playing field so people see the same information whether buying direct from an airline or an online travel agency. they'll see the same thing and we like that. >> i want to talk about the catalysts, and that is your move to buy planes rather than lease. how much in savings -- you're going to buy 4 of 11 this year.

how much could that be in savings per aircraft? >> it's going to save us a lot in some ways and make our costs lower. obviously when you buy a plane, you can amortize it over of life of the plane versus the lease rate. we're also a full taxpayer. there's tax advantages to owning. we think that longer term a mix of using leased and debt financing will be right for our balance sheet. >> there's an estimate assuming financing of 75% debt, 25% cash, when you buy those aircraft, it could be $845,000 of savings per plane. does that sound right? >> that is right. that math is right, yes. >> getting back to what you're seeing in terms of the summer travel season, what are you seeing in terms of the strength of the consumer, the willingness to buy airplane tickets now into the next few months?

>> we're seeing bullishness in our bookings. summer is always a busy season for spirit. a lot of customers like to travel in the summer and pay low fares. we feel very good and we're going to be flying a lot this summer. we pushed our utilizization to up to almost 14% in the day. we take advantage of the strong demand. >> tying back the consumer to what you're seeing in cost savings. you pinpointed how much you're going to save. are you going to pass that on to the consumer in any way? >> absolutely. we go to bed every night thinking about how we can make our fares lower. and that's to lower our costs. as our costs go down, customers will see that, absolutely. >> thanks for your time. thanks. >> the ceo of spirit airlines. a lot of analysts are favorable

on the stock. you will not find just a market perform rating on this stock. >> listen, they have a great record of operating this airline and operating it well. look at save and look at jetblue. i don't see why there isn't any reason save couldn't do the same thing. >> in terms of the ability to lower fares further, i would think that would put the screws into guys like a frontier or the other low cost carriers. >> i think this is all about consolidation and we see the pricing ande everything else an you see some of the gains. baggage fees absolutely incredible. off the charts. approaching billion dollar type years. i think they have a price advantage even over some of the discounts. look at the price performance between delta and save. pretty impressive. >> pop for whole foods up 4%. >> yeah.

there was -- stock is down. options volume exploded. four times average daily volume. a lot of call buying. that jived with the rumors here. this thing got killed. is there going to be consolidation in this space? probably at some point. i wouldn't think premiums are paid though. >> drop for vera bradley down 5%. >> awful earnings release today. they said short term will remain challenging. you don't want to hear that. valuation is kind of high. the only thing was it did bounce a bit off the bottom. i think when it starts to slow, stay away. >> got a pop for joy global up 7%. >> great earnings. up almost 7% and guidance going forward. however, with this move you're pressing up against the highs. i would fade this move and be

cautious. >> clovis oncology up 6%. >> they released the stocks but hammered today. you get an upgrade. put them in a buy. that's positive. buff they have got to perform. i think this is one of those dead cap balances. >> we have got a drop for guesswork. it was a wheel of fortune contestant who tried to solve the puzzle. listen. >> where do we go. >> no. >> couldn't even read. >> of course, surf city here we come is a lyric from the surf city. surf, here we go is an epic fail. i mean, the last four lateetter- >> i'm sure none of his friends saw. making no comment whatsoever. >> shares of apple up about 23%

since reporting earnings. announcing it will be gin trading at the new price monday. we have seen unusual activity. >> massive call buying. yesterday somebody bought $58 million of premium in calls. the 675 strike and the 700 strike. obviously that's going to be split 7 for 1 monday. but that's implying to break even on the 675 that gets you back to the september 2012 highs here. i never thought it would have happened. i'm the wrong guy to ask. i think the company is just fine. i thought wwc was fine. i think they better come through on the new phones on the fall. but i'm not a buyer right here. >> new phones in the fall, september. and talking about the iwatch later on in the year. i think things are going better for apple than people expected. you're starting to see the options going up. post split then the stock has an opportunity to spike.

psychologically, i know it's the same stock price, but nonetheless. psychologically people look at it differently and now they can buy the 1,000 shares instead of 100 shares. i think the stock is going higher. >> it doesn't matter that i think that's stupid. i believe you. i believe that phenomenon happens. >> yeah. it's just the psychology of folks in the market. >> still ahead, verizon and netflix at war. we have got the details next. plus pete breaking the trade down in nike after the break. stay tuned.

oh my god! look. you need to see this. show 'em the curve. ♪ do you know what this means? the greater the curvature, the bigger the difference. [sci-fi tractor beam sound] ...sucked me right in... it's beautiful. gotta admit one thing... ...can't beat the view. ♪ introducing the world's first curved ultra high definition television from samsung. in today's market, a lot can happen in a second. with fidelity's guaranteed one-second trade execution, we route your order to up to 75 market centers to look for the best possible price, maybe even better than you expected. it's all part of our goal to execute your trade in one second. i'm derrick chan of fidelity investments. our one-second trade execution is one more innovative reason serious investors are choosing fidelity.

call or click to open your fidelity account today. honestly, the off-season isn't really off for me. i've got a lot to do. that's why i got my surface. it's great for watching game film and drawing up plays. it's got onenote, so i can stay on top of my to-do list, which has been absolutely absurd since the big game. with skype, it's just really easy to stay in touch with the kids i work with. alright, russell you are good to go! alright, fellas. alright, russ. back to work!

i don't know what that is. time for unusual activity. nike you're watching. >> it started when we started to see the june 75 calls being purchased. 8,000 traded for 80 cents. yesterday rolling out of this position and wanted to have some options going forward. june 27 strike. when you go out to june the 27th, look at the 77 calls

against the 80 calls. $3 call spread was paid for. taking the profits and rolling it to the upside. completely traded out of the one and into the other. maybe tesla's 52 week highs of $50 a share. >> netflix messaging customers and verizon firing back with a cease and desist letter. julia. >> verizon is threatening legal action if netflix doesn't stop blaming them for slow streaming. verizon says there's no basis to solely blame it for its playback issues. that there's a range of factors and netflix relies on panopli of

content distribution. the cost quality tradeoff is one netflix has chosen. n netflix responding we're trying to provide more transparency and verizon is trying to shut down that discussion. now despite verizon's threats, netflix says it will not showing this kind of message to a couple hundred thousand subscribers. verizon and netflix partnered in april to make it easier to stream. >> what's interesting is verizon said that message netflix sent was a pr stunt and here we are talking about. it brings the issue to light. >> but it did say -- i thought verizon said that it was a number of factors. >> yeah. yeah. >> they're admitting they're one of them. so it's due to a number of

factors including verizon, we have slow speeds. >> that's a good point. >> would that help them? >> if you're watching. >> netflix is untradeable here. >> untradeable? >> it is. >> why? >> i have been turned around on this thing. it's been tough to trade. verizon is interesting. if you see the stock and given some of the stuff going on in the space, the move that telephone did, i think it's a buy. buffett just got big in the name. i think it's interesting in 48. >> what do you think, pete? >> i continue to look at the international expansion they talk about. i look at europe and specifically germany. i can see the growth. they have not penetrated like they can. when you look at the plus the growth in the u.s. with the streaming, i tend to like them. >> but a stock that goes from 450 to 300, back to 430 in a month is -- i mean, you're better than i am than. >> the trade is through options

not the stock. >> news alert. monster. let's get to dom. >> melissa, a jury has just awarded the hip hop group the beasty boys $1.7 million against monster bej. the band accused the beverage maker of using its lyrics like this one called sabotage in a 2012 promotional internet video without permission. monster argued it felt it was a good faith mistake by one of the employees who mistakenly got permission to use the music. i'm telling you all. it's sabotage. that's what the jury thought. again, a $1.7 million was the award. >> is this the song, dom, that you use as your ring tone? is that why you're in the newsroom all the time. >> i can't stand it. i know you planned it. yes. >> nice.

>> frightening, dom. dom chu. a man of many talents. who knew? >> i'm not going to sing it for you. >> okay. monster -- that's just noise. stop playing that. >> it's based on streets of san francisco. >> i didn't google it. it's right up here. >> anybody have a trade on monster beverage, a serious trade? >> i don't. i really don't. >> we're going to move on. we'll tell you why one trade betting its all coming to a screeching halt next. tdd#: 1-800-345-2550 bring what inspires you tdd#: 1-800-345-2550 out there... in here. tdd#: 1-800-345-2550 out there, tdd#: 1-800-345-2550 there are stocks on the move. tdd#: 1-800-345-2550 in here, streetsmart edge has tdd#: 1-800-345-2550 chart pattern recognition tdd#: 1-800-345-2550 which shows you which ones are bullish or bearish. tdd#: 1-800-345-2550 now, earn 300 commission-free online trades. tdd#: 1-800-345-2550 call 1-888-648-6021

tdd#: 1-800-345-2550 or go to schwab.com/trading to learn how. tdd#: 1-800-345-2550 our trading specialists can tdd#: 1-800-345-2550 help you set up your platform. tdd#: 1-800-345-2550 because when your tools look the way you want tdd#: 1-800-345-2550 and work the way you think, you can trade at your best. tdd#: 1-800-345-2550 get it all with no trade minimum. tdd#: 1-800-345-2550 and only $8.95 a trade. tdd#: 1-800-345-2550 open an account and earn 300 commission-free online trades. tdd#: 1-800-345-2550 call 1-888-648-6021 to learn more. tdd#: 1-800-345-2550 so you can take charge tdd#: 1-800-345-2550 of your trading. tap it here, digital insurance id card. and tap it here, boom, roadside assistance. on'tday ooklay, it's axwellmay. the igpay? otallytay. take an icturepay! onephay, onephay! really, pig latin?

[ male announcer ] geico. anywhere, anytime. just an aptay away on the geico appay.

the beer index is about to surge. dan, what did you see. >> massive activity today. vicks options trading two times options daily. there's 1.2 million total option contracts traded today. it was a massive four-way trade. i want to focus on one aspect. it was a bullish trade.

the july 1316 risk reversal. $2.7 million in premium. what they're doing is sold the july 13 put and using the proceeds to buy the july 16th call. they paid 19 cents for it. the break-even is above $16.19. let's look at the chart. this is the chart over the last five years of the vicks. we know about the relationship here. look at this. is s&p makes new highs. the vix makes new lows. it's also well below -- look at this. it's about 20. i want to make one other point. this is vix's futures curve out to february. look at this. 18. that's below the average. people are not pricing a heck of a lot of risk into the new year. >> dan, thanks for that. more options action. check out the website.

optionsaction.cnbc.com. these are the tweets everybody sent to our crew. this is for beakers. everyone including david tepper is now bull yiesh. so why sell anything? where is the risk? >> again at the beginning of the show, the trader in me says if everybody is bullish you have to take the other side. you do have the potential for the meltup. i think the risk for this market is in the junk volume. >> do you think zynga is justified or a great buying opportunity for. >> i couldn't say a buying opportunity. i actually think nadel has got a different -- i don't see this. i actually own some calls in

here but i don't see this happening. >> karen? >> yeah. >> do you still like bank of america? >> i feel like this is groundhog day. i get that question every day. but i see it's from chris martin. if it's from the chris martin from cold play, please ask me every day, ask me anything you want, i'm happy to just chat, tweet whatever. but i am still long bank of america. i am in for the long term. i think this whole $4 billion capital issue is nothing. so yes, i am still long. >> dan? facebook failed to break out today, what's next? >> there's three stocks we think about. we think about linked in. twitter looks interesting and facebook is like -- as you would say. it's stuck in a range. if money comes back into linked in and twitter maybe it comes

out of facebook. >> that man knows a lot, doesn't he? >> it was in my head. >> that was in your head. tomorrow is national donut day on your calenders. tonight cramer has got a treat for you about the impacts of the harsh winter on his business. >> these days if you get up in the morning and you see 18 inches of snow as we had in massachusetts you can work from home. it is very disruptive and i was listening to a program about ford and they were saying they missed some sales in the early part of the year and make it up in april or may. you don't come back in april for the coffee you didn't get in february. >> good point. cramer has got a lot more including how the donut maker's future could depend on apple ahead. who won the street fight on lululemon? it's your last chance to vote on

twitter. please do. we'll tell you who the winner is after the break. plus your first move tomorrow when we come back. stay tuned. [ 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. all on thinkorswim (man speaking chinese)

little things, anyone can do. it steals your memories. your independence. insures support. a breakthrough. and sooner than you'd like... ...sooner than you think. ...you die from alzheimer's disease.

...we cure alzheimer's disease. every little click, call, or donation adds up to something big. alzheimer's association. the brains behind saving yours. [ girl ] my mom, she makes underwater fans that are powered by the moon. ♪ she can print amazing things, right from her computer. [ whirring ] [ train whistle blows ] she makes trains that are friends with trees. ♪ my mom works at ge. ♪

we have tallied the results. you guys at home said dan, the bull, is the winner tonight with the lululemon street fight. the downward facing dog of death. >> i think people misinterpreted that. >> ddod. i don't think so. maybe they saw it and that's what -- time for the final trade. let's go around the horn. >> csx, huge upside buying. i think it's going higher. >> brian. >> despite all the bullishness, doctor copper didn't have a good day. so i think we sell. >> karen. >> you got to buy some protection. it's cheap. buy some s&p puts. >> dan? >> here's a name that is still poor. i think you can be long twitter. use 30 as the stop for the

down-side. >> we'll see you tomorrow. meantime don't go anywhere, "mad money" with jim cramer has got an interview with dunkin' brands. stay tuned. my mission is simple, to make you money. i'm here it 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" startses now. hey, i'm cramer. welcome to "mad money." welcome to cramerica. other people want to make friends, my job to entertain, teach, call me. 1-800-743-cnbc or tweet me @jimcramer. be your own guru.