bell. we got "fast money" with sarah eisen, sitting in for melissa lee. as we handle it off to her, we are looking at a dow jones industrial average up only about 16 points, the nasdaq up 30. the s&p 500 up only about 5. "fast money" begins right now. [ music playing ] >> "fast money," "fast money" start right now, live from the fax markets site in new york's time's square, i'm sarah eisen in for melissa lee. our traders, tim seymour, dan nathan, karen feinerman and steve nagerian, stocks closing higher today, near session lows as geopolitical uncertainty in russia and iraq keep many investors on edge. so, dan, can you trust this rally? >> i'm not certain. we had a nice pullback on a short-term basis. i don't think they were reasons that american investors like to sell stocks that are geopolitical.

we have to remember we are off a low based volatility standpoint. we haven't seen a heck of a lot in that last two months. we got to that q2 season. in the lost couple days we saw the s&p rally about 121st. we saw the vix come in 20%. i thought the breath was kind of poor. but that doesn't mean if rally is over. they couldn't break 1900 on the downside and the s&p. that's probably good support in the near term. >> it sound like your glass is definitely half full. >> thank you i'm glad to be here. >> when i look at today's trading action. i think this is a continuation from the day before we digested the breakup of big deals. more than anything, people worried about the fed. what's interesting is today's action i think is defined by mr. fisher, the vice chairman of the fed basically saying if anything he's moved more towards the dove camp, he's taken -- >> he's new. >> and i think though going into that fed meeting, people were

very worried it was a somewhat of a divided fed. i think the fed is the most important element, not geopolitics. it's real growth in this country. we can point to europe and geopolitics. but this is what matters. today that's why you had fallen growth. >> you see the market is so sensitive, on headlines, on geopolitics and monetary policy has moved to the back-burner. at least in the last week. >> right. the market is trading on the geopolitics, when you go through the earnings season and look at the data we have been given the last weeks, months, it's been improving. it's a little better. i think that's why we were coming off these high, clearly, it's all been about something whether it's gaza, russia, ukraine, you name it. obviously, there is a myriad of places you could point right now. but when you look at the u.s. markets, take a look at what's going on the big cap texts, the physical sectors you would want. the only sectors that has not

participated at all as we lifted off friday and into today is the financials. you expect them to participate. they are not. so we got the transports. we got the industrials, big cap tech. we need those financials as west we well. i think 14 was an opportunity. you buy volatility to protect yourself if you want to stay in the market. >> which group are you watching? >> well, i do watch the financials, as pete said, i have a number of financials. . i was disappointed. to dan's point, i sort of think we get inert to this macronews, you hear ukraine once, you react big. third time less and less as the summer goes on, the volume gets lighter. you could have bigger swings on not much news. to me the vix is sort of right in no man's land, i agree, it's below 14. >> the 200 day moving average. >> ultimately, we seen bad data out of germany as of late.

germany got nailed. that was real move in the dax in the last weeks. >> italy is already in recession. >> so we all know u.s. multi-nationals which are a safe haven trade to pete's point, he's talking about people loading into big cap industrials. they also have tremendous exposure to europe. so at some point if it continues, if it does, you talk about being, you know the more headlines we get the less likely we are to react. sooner or later, though, we have markets at all time highs. if we see it pull back in europe, it will affect valuations in the u.s. >> we have already seen it. the multi-nationals are the ones that did better than people expected. i think look at the other part of the multi-national's naim framework and the map of the world. china last night had positive inflation data. the second half of the year, no question pvoc will be in lose policy mode. asia is kicking it. look at the cyclical and countries outside of technology,

i think this is a help. >> the last two things i would say when the transports started working, they got oversold. but when you really look into the numbers, their numbers have been very, very strong. so those have been opportunities. we seen options coming into that certain area. the other thing that's interesting, the appetite for rick right now. look what performed the last couple days, tesla, priceline, netflix, amazon, facebook. >> emerging markets. >> you go to something with a high p.e. and growth along the way as well. you got growths to the upside. they want growth. >> final question to you, dan, do you buy the dip in every other sell-off we have seen in the last full years in the bull market? >> tim said glass half full. i think you look to take profits. you have to see, what does q3 guidance have to look like or do we start to see some guide downs as we head into the end of the quarter? >> that will be the big question for what it means for earnings and iraq, israel, dennis gartman

says there is another geopolitical spot investors should be watching. let's bring in dennis gartman, good to see you, dennis. >> sarah, always good to see you. >> so what is it that we are not focusing on you say also is another risk spot. >> well, it's libya. i think we need to pay attention on water going on in libya. we have a tribal warfare going on there. most of the embassies in libya have been closed. the americans have brought our embassy back home. canadians have closed theirs. almost have been have left. these are old ancient rivalries going on. you have gadhafi in place. it's almost what occurred in yugoslavia, you had tito in place. gadhafi is gone, the tribes are warring with one another after centuries. you have libya, who had been a big contributor now down to less

than 200,000 actually at times producing nothing. that's a probable. it doesn't mean it's going to be a serious problem. it's a problem we need to pay attention to. >> i think it relates to your position now. you are selling brent the international benchmark for oil, you are telling uti, explain why that trade is on. >> one would think if you have inherent problems with libbia it would be beneficial to the brent park. brent has been falling relative to wti for quite some period of time now. even when the news is as supportive of brent as one would seem to think, given the libyan circumstance that brent can't rally. today, brent gave up quite a bit. markets that won't go up on bullish news are not bullish markets. a market that won't go up such as brent when you have the circumstances in libya expecting brent to rally. brent can't rally. brent tells you there is a surplus of oil in the world. i think you will see brent evaent wally in the next five, six months trading back to more normal parody to the wti

contracts. even though you have projects, one boys, one sells,er ti. >> how does this play out across the entire commodities base. are you speaking of industry issues or lack thereof, where do you see it across the commodities base? i am a believer, i know you have been bullish on industrial metals. these are things i see interesting trades. so you have been right on this call. how do you trade it from here? >> i still want to be long of the industrial -- >> we got to cut you off right now. we have president obama speaking on iraq. let's listen. >> for the past few days, american forces have successfully conducted targeted airstrikes to prevent terrorist forces from advancing on the city of irbil and to protect american civilians there. kurdish forces on the ground continue to defend their city and we stepped up military advice and assistance to iraqi and kurdish forces as they wage the fight against isil.

at the same time, we've continued our daily humanitarian efforts to provide life saving assistance to the men, women and children stranded on mount sinjar and have a disastrous response team to help. some have began their escape on that mountain. we are working often options to bring them to safety. i want to thank, in particular the united kingdom, france and other countries working with us to provide much needed assistance to the iraqi people. meanwhile, our aircraft remain in position to strike any terrorist forces around the mountain who threaten the safety of these families. this advanced, this advances the limited military objectives we've outlined in iraq, protecting american citizens, providing advice and assistance to iraqi forces as they battle these terrorists and joining with international partners to provide humanitarian aid. but as i said when i authorized

these operations, there is no american military solution to the larger crisis in iraq. the only lasting solution is for iraqis to come together and form an inclusive government. one that represents the legitimate interests of all iraqis and one that can unify the country's fight against isil. today, iraq took a promising step forward in this critical effort. last month, the iraqi people named a new president. today, the president masum named a designate. under the iraqi constitution, this is an important step towards forming a new government that can unite iraq's different communities. earlier today mr. president biden and i called him to congratulate him and urge him to form a new cabinet as quickly as possible, one inclusive of all iraqis and one that represents all iraqis. i pledged our support to him as well as to president mossum and

the speaker as they work together for the form this government. meanwhile, i urge all political leaders to work together in this day ahead. they have a difficult task. it has to regain the competence of its citizens by governing inclusively t. united states stand ready to address the needs and grieve antss of all iraqi people we are ready to deal with the humanitarian criess and counterterrorism in iraq. mobilizing that support will be easier once this new government is in place. these have been difficult days in iraq, a country that's faced so many challenges in its recent history. i am sure there will be difficult days ahead but just as the united states will remain vigilant to our threat posed by isil, we stand ready to partner

with iraq and fight against these terrorist forces. without question, that effort will be advanced. if iraqis continue to build on today's progress and come together to support a new and inclusive government thanks, everybody. >> all right, president obama speaking from martha's vineyard, an update on the u.s. military action in iraq. let's go straight to john harwood from washington. obviously the president voicing political support for the leadership in iraq. what else can you tell us? >> it's notable he didn't say the name of nuri al maliki, he said all political leaders in iraq need to work through the constitutional process. that's his way of trying to say we are embracing the new government, the new designate and maliki gone, which has been clear for some time. they are trying to encourage that process and make it, in effect, a condition for the

continued military help to battle the advance of isis. whether or not nuri al maliki who has been defiant will heed that is what we all will watch the next couple of days. this is the president trying to rush that process along. john harwood thanks very much for that late breaking speech from president obama in martha's 59yard. tim, we were talking about the tensions in russia and ukraine, obviously, will is more of an economic impact. what do you do on these times of headlines from iraq? >> i think again these were headlines people were trading from last weekend. we came in sunday or even on saturday learning we initiated this round of airstrikes. i think it's played in the total mosaic of people are viewing have they played risk owl they view the commodities market, some of the other places, i don't think today's news means anything. i think, if anything, what we got out of russia in terms of the humanitarian aid and on headlines earlier on closing

bell. i think these are opportunities for russia to be a little more conciliatory without looking week at home. so market is trading on these things i think day-to-day but to trade as this as a trader and portfolio manager, no way, nobody is trading on this news. >> coming up, tesla shares are closing at an all time high. find out whether it's too late or not for to you get into the electronic car-maker's run next. and truck companies racing to find treatments for the ebola virus. we have new details on a new vaccine that could be in the works. that's all coming up on "fast." . and i get a lot in return with ink plus from chase. like 50,000 bonus points when i spent $5,000 in the first 3 months after i opened my account. and i earn 5 times the rewards on internet, phone services and at office supply stores. with ink plus i can choose how to redeem my points. travel, gift cards, even cash back. and my rewards points won't expire. so you can make owning a business

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nuance falling in the after hours. let's send it back to bertha coombs. >> reporter: hi, sar remarks the speech recognition maker not saying what wall street wanted to hear. on the top line was where things were soft. they came in are revenues that was short coming in below expectations at 486.8 million dollars below if expectation. what's worse on the conference call they were saying because

they were in the middle of a transition two a petro licensing model to a cloud based software model, they expect next quarter they will also see lower revenues. they point out their deferred revenues are higher up from the last corner. the street doesn't, sar remarks back to. >> you no kidding. the streets are getting beaten up. >> list face it. carl icahn maude eigde it an ic. that's scary for a lot of folks. it will probably be a multi-day thing. it will play out. 16-and-a-half, somewhere in there i think it's a buy. >> i think it's dead money. i agree with pete, when you look down, it was at 15 in may. this company with the character cap, tomorrow it has half of the market cap in debt.

you got to see revenue acceleration or build into some new products or something like that. i think it's dead money, i wouldn't touch it in the low range. >> i will be interesting to see if icahn may have a little room. i don't know if there is a pill, if he guess out and boys more than 1%. we'll have to file away and let us know. >> he can come on the show or tweet it as he often has done. tesla under 5%. deutsche bank citing higher production expectations and profitability. tim, more efficient tesla, higher stock price? in there part of the story is they're bringing costs down, there is an argument these guys may be more cost effective than the internal combustion engine. i think it's a leap of faith. deutsche bank upgraded production deliveries almost 40% in the next couple years, i think it's shocking. i think the whole concept of these guys increasing deliveries

by ten-fold by 22,000 by 2020 is the assumption, there is no other competition in this base. so i'm of the ilk that says this is a fantastic technology company. don't think these guys will be competing in the same way -- >> there are a lot of catalysts for tesla, the factory product. >> i think it's a black hole. >> it's priced for a lot of good things happening. all that having been said the valuation i could never get near it. i couldn't short it either. >> last year it's up 600%. >> nobody owns it here. >> the reason why, i think, sar remarks quite honestly. it's not that we don't believe in the company. it's hard to put your arms around the fact, okay, when do they start to make money? how much money will they be able to make. are you to tim's point making a big leap of faith. we like the expanding the ability to make more. they talk about a million cars

2025. let'sly the about that. 2025. you are really going out. >> it's ridiculous. >> i'm not downplaying tesla. i like the name. we love the car, that's fine. >> we love to buy lower, right? let's look at in this way. gm has a market cap of 54 billion, tesla 32 billion. gm will do $155 billion in sales next year. tesla 3.5. >> but it's the disruption. it's that premium that goes with this stock. >> that's fine, so no one is disputeing this isn't a wonderful thing of technology, there are a lot of places these guys can destroy capital. i think the gig ga factory is that. i won't own candy in china, to be clear, this is a very speculative play traded over $100 million on this news, everybody wants to own tesla the technology, but you want to look at governments around the world are doing everything they can to promote eoms and domestic

players do have electric technology. you will see other places around the world put their own competition on the map as well. >> those analysts keep putting up their test target. >> the morgan stand p stanley. >> they were at 220. the stock is 240. >> it's not as they advanced as the result of the stock moving up. >> nobody buying tesla. coming up, the world health organization declaring the ebola in west africa an international public health emergency. we will take a look into which drugs are ready to fight ebola next. don't just visit new york.

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>> i requested rihanna. all right. it is time for some unusual activity. you are watching a sexy company. >> it's not sexy, in the steel sector, we talked ability two weeks under the radar, you look at iron ore, the industrial metals when talking to dennis gartman. look at that space, it's been on fire, a.k. steel, nukor, bought over 3,000 on the day the opening interest 900. almost tripled the opening interest. it says to me folks are looking for this stock churning between 49 and 52. maybe it breaks out. these options can take off. >> i would think it would be

reportt as well. >> i think they need residential production. that's where they get the highest margins. >> we will watch for it. thanks, pete. moneytime, biotech firms are racing to find a proven cure against the ebola outbreak. the biggest question is who will be the first to get it right? no cure, a few things in the works there. >> that's right. they're early stage. they have entered human trials or been tested in animals. we look at tekmura, and z-mapp, that's raising questions about who should get these drugs, the world health organization has actually convened a meeting of ethicists to try to figure out how do you dispense these and to whom, lou do you give consent and make sure they work?

there are a lot of questions swirling. then the question of vaccines as well. glaxo smith-kline is working on one, johnson & johnson, there is a prospectus bioscience is working in it. however, what experts say is the way to contain this outbreak, which is the longest and largest we've seen is through isolation, identifying the patients, finding out who they've come into contact with, better communication in the communities dealing with this. there is a lot of issues there. they don't have running water or electricity. it's not necessarily going to be drugs. they're not getting to market fast enough. there is a lot of questions ability experimental use. >> when they develop a drug like this how big do they have to think market is to spend the time the energy to do this. i can see a vaccine would be a much bigger market? >> that's what we see, a lot of companies have grnts of about doctor 100 million. that will probably be the revenue they get unless they

build up another stockpile of the drug if it expires or if they need to treat more prashts. really, it's not a huge market necessarily. that's why we don't see a lot of people working on this until we get to this outbreak mortgages-type situation. >> i have to imagine they're speeding up all the clinical trials here. >> there is a small company. we seen the stock rising recently. the fda changed a clinical hold on the phase 1 program from a total clinical hold to ra partial hold. which means they can potentially test it. >> karen is all over this one. intercept pharma, shares soaring. tell us what's going on. >> that's right. it's huge. this was actually talked about. as one of the things the last time i checked. this was talked as a bigger binary effect in biotechs. this is in a disease called mash, non-alcoholics hepatitis. it's talked about the next

hepatitis c in how big the market is. a liver disease. these were the results that people were really anticipated. i was talking to rbc great biotech analyst, he said it exceed all expectations and showed reversal of fibrosis, which is a scaring of the liver, that's what they were looking for to see this disease reversed. >> how do you pick a company? >> when you have a binary outcome like this, i think it's too dangerous, unless you have tremendous expertise, for us, we like being in a biotech space. i can't wake up with failed free phase 3 drug trial. >> dan, you are trading biotech. >> when it first gapped up, i knew smart edge funds buying it in the after market. i'm not certain that will go on. we thought the results back then were so positive. now you have a move back to that level. you probably see profit taking here. these drugs have to come to

market. you have to realize those sorts of sales. i don't touch anything up 50% on the day. >> good to see you, thanks for all the biotech movers. thanks for those names as well, coming up on "fast money" the hot social media player that could be the next takeover target. yes, it is a business of selfies, plus big name hedge funds, one commodity play that's seen solid gains so far this year. the details on what we are talking about who that trade coming up. .

it's time now for pops and drops, the big movers of the day, tim, starting with you on jet blue. >> these guys finally break out, it included the margins, these guys are starting to kick it up, technically after 1140. our friend at options monster talked about it, a very impressive move today. >> pandora pops 4%, dan. >> i guess the reporter was sucking google, amazon, any number of guys can be looking at them as a takeout. options volume ran hot in the afternoon. i tell you this, it wasn't the short call buying you normally see. it was looking out to january

which mainly could lead to the credence they take it out. >> adt corps. >> a mini pop. it struggled last year with an ill timed expensive buy back. earnings cable out last week. i don't know what the catalyst was here today. i'm long. >> you got a drop tore us? >> i do. it's in king. when you look at king entertainment, this is a stock, candy crush comes out of king. obviously, it's an 08er name. they have to continue invent themselves going forward. pacific crest downgraded on the fact that they don't have much following. i think that will be interesting after the call tomorrow. gutsy call, after the call tomorrow, they report earnings, if some of the numbers are good this stock is going over 20. >> i have a drop. it is a drop for x & m, the 51st bond annual hotel is getting tied up. the mayor is vowing to stop the

hotel's launch claiming it bullies the image of the town. it's inspired by a forthcoming film "fist shades of grey." it has a dungeon, karen, you, in particular, were disappointed to hear that news. >> i was crushed, actually. >> to think this hasn't taken off already. >> this is a real thing. i have been reading up on that. >> the only sound track we can play. >> oh, that was good. i didn't notice it. >> nice job. >> zip it. >> all right. >> love hurts. >> we'll keep an eye on this bond annual b & bs. it turns out one of the last year's worst trades is out glittering among the hedge worlds. there is your year-to-date gold miner, the gdx soaring, coming back into favor with hedge funds driven by stronger earnings and cuts to mining costs. the big names involved, ju juli

robertson. >> i'm not bullish in terms of spot gold. i think it can test to 1,100 if we see the ten year get 4-and-a-half in eight months. the miners the comps start to get interesting. realize gold prices, which have been driving the valuation, guys pricing gold at 16, $17 bucks an ounce without an edge on it destroyed these guys. now are you plus 5% or minus 5%. look at barrick, abx, who conservatively put it in the balance and their cash is flow efficient. numont reported decent numbers, gold reported good numbers today. get the best of breed. i don't think small cap minors is where you want to be. i think the small caps are repaired. big cap gold miners, it's an interesting time. >> i wonder if they're learning their lesson here, like the

airliners, instead of destroy shareholder value to cut costs, focus instead on the production, they're coming back in favor as well as the price of gold. >> and i think all those things together are actually working to tim's point, why some of these names, only some i think are attractive. i think, obviously you go with something like the gdx or something like that is one way to play it. we talked about the industrial metals. how about the industrial met cold stocks and that cold mining. they have been moving to the upside in a big way over the last couple weeks. under the radar of just about everybody. >> yeah, coal was so beat up for so long in this country. daniel, do you have any of the coal or gold miners? commodities? i have never heard you say i know nothing about anything. >> really, interesting. you could put a gun to my head. >> walter energy. again, talk about something trading in a intrupsbankruptcy .

i think you have huge supplies, coal players. you have a more constructive environment. that's all it will take. >> what about the geopolitics? we didn't even talk about gol as a safe haven, you want to be in gold? yen? u.s. treasuries? >> look at the politics over the last few months, gold hasn't done naeng anything on that news, if gold can't really based on where we are. it won rally on geopolitics. it will rally on inflation and fed inflation. the u.s. chart, the markets might be more resilient. let go off the chart with mart newton of execution partners. >> reporter: let's look at the perspective by looking at the gdp. there are fears ramped up of late concerns that fed rates have to be taken higher. if you look at this s&p chart going back to november, you can

see the rally is pretty well contained. initially july lows caused a little acceleration. we really held this longer term area of trim line support. that's key. so the market dropped about 50% of the entire move from april until july highs. we also held this area right 94 march, april former highs, which is decent support. if anything from the february lows of this year, we rallied 180 points in prime and price to hit this level right here, 1,900 i think was very important. so since then, let's put things into perspective, we rallied in s&p futures terms in the last two days. so things haven't gotten a bit overdone in the upside in the near term. my thinking is as long as this trend line really holds for large caps, things are still very much intact and there is a chance the s&p even after a little backing, likely pulls up and tests these former july lows and potentially can go higher.

>> do you have a sector to break out for us, mark? >> there are a couple different things, before we go on sectors,ly talk about the market in 2003, this is interesting. a lot of people are saying fewer geopolitical markets draw this down. this was march of 2003, this is actually when the u.s. began operation iraqi freedom and so this is interesting, that the market had a substantial rally right after we went into iraq, whereas these days, people are saying, well, why can the market rally? we're going into iraq, yet the market is rallying, as of today, we say those fears subsided. >> sure. >> if anything, it doesn't have to do with military action as to whether the market goes up or down, that's the key point. >> yeah. >> industrials are another sector that has gotten washed out. this is a reason the market started to rally. industrials after breaking down under this key level of trend line support, you saw junk bonds start to decline, just in the last couple of day, we saw

stabilization in this. so we saw a lot of things which coincided with the market pulling back, subsideing lfts. brent last week was far less than what was the prior week. we only saw it three to two on the decline, remember the prior week, it was almost 12 to 1 neltive. that's one of the key things correlates with the market going up or down, also when you start to show signs of rallying, these sectors start to move back up. it's likely we can make a little progress on the upside. >> bullish industrials, thanks very much for running through charts, mark newton you had a buy. >> i disagree with you. i think the balance in the industrials is pathetic. if you lock at boeing, it was the chart. look at the xli, i think if it closes below the 200 day and makes a new low, i think it is going lower. i think you could see 50 soon. >> that chart looks a lot like the other charts, stocks that were overbought in this period were oversold.

you dip below the 200 you regain it. >> that cart doesn't look any differently. >> it topped out in june. okay. it never confirmed the s&p high of july 24th. that to me is showing underlying weakness and weakness in breath. >> debate, love it. we got to leave it there,gys. coming up, should faszbook take a page from justin bieber? yep, the pop star led a million dollar round of investments for a selfie app that is being used for millions of teen agers. those guys are selfies. we will talk to the ceo of that new app right after the break. the "fast money" team wanted to get in on the fun. we got our own selfies for to you check them out as we go to break. .

well, as young people are searching for more privacy on the web, shots may actually be the answer. the social selfie app by justin bieber gained more than 2 million users after years on the mark. females it turns out between 18 and 24 make up three-quarters of the users.

a key demographic that social network like facebook and twitter targets. they allow them to share picture, keep bullied out by not allowing comments or public miamiing. joining us know is the co-founder of shots with a massive twitter following. good to see you. >> good to see you. >> how on earth did you make an entire app business just based on selfies? >> well, the goal was shot as to create a platform where you see nothing but people. that's why we only encourage users to take pictures using the front facing camera. you know, part of our miami also is to reduce the amount of bullying. most is hang pence comments. since it's your face out there, we never want to have criticized, so we eliminate the comments and the only thing can you do is like a selfie. >> okay.

so i mentioned justin bieber, he is on investor in your business. i know he's an active user as well. how much of the success do you attribute to that? >> a good amount. he's been supportive. he helped us not only did he join as and i investor. he helped build the product. more importantly, really, communicating the miami of shots and wise shots exists and what we want to do if creating place for teenagers to be positive and he's been great with that message. so, yeah, it's a good part. he's played a great role. >> hey, john, i'm pete nagerian do you have other investors that have come out specifically on the athletes as well as some of the celebrities? >> yeah. well, yes, we do. so both i mean our first actually check ever was from floyd mayweather. he was our first investor.

he's also an active shots user and very supportive. he believes in the miami. he wants to create a better place there is a small group that have invested. a lot of great companies out here in the valley have invested in us. we had a good group of investors not just the money part isn't that important. they believe in long-term vision of shots. >> what if people post something that isn't a selfie. how do you tend to police that? >> we can't, really. it happens. but, you know, you can't upload

from a camera roll. you can only take pictures using the camera pence the app. so it's, if you are taking a picture that's not a selfie, you just don't feel like taking a picture of yourself that day. there is nothing we can do about it. we don't say image.

this isn't something -- >> rough on the biebes. >> this is not an app i would want my kid to have pictures of him in a tattoos and a shirt looking like goon. >> not all these start-ups get bought out. coming up, a big bullish bet by shares, one trader had a release of the next hobbit movie. we'll have details for you next. what we're doing right now, along with ibm, is to actually transfer data through a satellite from our wind farms directly onto the cloud. i think we could create a far more efficient system across the whole network where we could actually draw down different kinds of energy based on when it's needed by the consumer. a smarter energy system is made with the ibm cloud.

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well, it lab a slow year for summer blockbusters. some traders are makeing huge bets right now that one entertainment company is about to catch a big break. name a name for us, dan. >> maybe it's all about the christmas releases. it's imax. it's a name we don't talk about a whole heck of a lot t. volumes trades, predominantly calls with one trade. the very bullish roll. we say one trader sold 20,000 of the august 26 calls when the

stock was 2705 and bought the december 30 calls for 95 cents. >> that trade breaks even at 3095 up about 15%. when you look at the chart over here, here's the one year. this has been a range bound stock. it's under performed. the break even is right about at the previous 52-week highs. so, obviously the trader has had a bullish view for some time. he's rolling the view up and out. so i don't really know what the prospects are for the companies here. it's interesting the break evens are at the 52-week highs. >> i think dan is bullish on something. >> it's sort of counterto your bubbly personality, dan. >> thank you. >> don't you think? >> i guess not. dan, bullish on imax. all right. you can catch more options action every friday at 5:30 p.m. check out our website optionsaction.cnbc.com. coming up later on ""mad money"" the energy world is

heating up after kinder morgan meganews today, cramer will tell you what it means for the oil and gas phase and where to look for the next energy deal. that's all coming up on ""mad money"" on cnbc. [bell rings] ♪ time and sales data. split-second stats. ♪ its so close to the options floor, you'll bust your brain-box. all on thinkorswim, from td ameritrade.

all right, it is time for the final trade. let's go around the horn, tim. >> i traded little russia to the positive side. i think it gives you a small window, i think you can trade this and sentiment will prove the next couple days it is not a commitment to turning stripes around. i think you can trade it. >> a good way to put it, dan. >> pete mentioned people looking for a yield, looking for a return, at&t, while you will not have a heck of a lot of growth, in an environment where buy yields won't go up. i leak it here. >> they go down. >> what about the beef? >> it's over, karen, what about you? >> you know, i thought this kinder news was really interesting today, they really were at the forefront of the whole mlp thing so early. they did a phenomenal job, incredible. now they're the ones i think that may have just called the

top of the market saying this structure no longer works for them. i know it was up a lot. if you would happy, if you were on a night, time to sell something. >> mlp up big. pete. >> first name basis with glad. him talking about vlad. him talking about biebs. the airlines are going crazy. i think this is going higher. >> that's it. see you tomorrow. my mission is simple, to make you money. i'm here to level the playing field for all investors. there's 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 to entertain and teach. call me at 1-800-743-cnbc. tweet me nicely @jimcramer. takeovers need to happen. takeovers need to happen because takeovers can spur the growth that's required