few moments with melissa lee, who is back. what's on tap? >> hey there, we have the first initialized app rating. we will dig deeper in terms of penetration of these camera systems into cars and europe's north america as well as asia. >> that was a nice ipo down here. >> it was. it was. >> more to follow. over to you guys. >> "fast money" starts right now. live from new york city's sometime's square, i'm back in action tonight. it's good to be back tonight. hewlett packard's conference call is starting right now. they were in line with expectations, shares are slightly lower in the after market session. we will bring you the latest session from the call. apple hitting an all time high crossing 101 share per day. >> i state what happened my parameters were originally. i thought my i don't know side was 85. i wanted to wait for a break of that old high, which i guess was

par 72, 74, somewhere around there. i could have waited another couple of days. probably a responsible trader, unlike myself, would have waited another day or two. i didn't. i felt like this was there, it was a nice setup. so i bought more. now i'm in a full position at apple leak they said we would do. >> how do we know this is not the height, itself, dan nathan? >> listen, some of the stock faced in december, 2012 before they were introducing the iphone 5, this is once again the largest market cap company in the world, possibly the world has ever seen. so when you think about growth, how do they get to double digit earnings growth? they brought back 50 billion of stock since then. they will have the aim earnings number. few think about it, where is the sales growth coming from? they can sell 10 million iphones in the first one. it's really not going to matter. >> that could be a sell the

news. we need this buying other stuff that will take it to 110 to 120. >> buying back that stock. >> that is a permanent thing. unless they issue it again in the future so the flow, the financial engineering of that is a value creator there. that's one. the other thing is if you talk about this stock being where it was in september 2012, let's look at where the overall market is relative to 2012. so should apple be the only stock that doesn't rise with the rest of the market? >> let me ask you this, lady. >> okay. go ahead. >> thing to is backt the the highs the gross margins are 5 percent annual lower. >> they're gross margin dollars? >> here's the thing, they've kind of orchestrated this eps. to me, why is it that all of you geniuses, you investors with placing it in such a massive discount to the market. >> first of all, i resent being

called a genius. second of all, i have owned the stock for a while, so it's hard for you to say, you know, i haven't been a johnny come lately to the stock. however. >> when i go in -- >> all that having beb said, i feel like arguing with you over these points, probably with a history it going into the top. now -- >> i can settle it. i can tell you it's the top. because i involved my short today t. reason why i was in it because i thought there was a clang going on, a sentiment change going on. you'd have to sell the news event. i think you can sell the news event. my trading was not right on this. one on one i had a stop at 186 is my average price on that. time to move on. >> i want to ask you this, apple sold off in the last 15 minutes of trading. so it didn't close strong. did that concern you? >> yes, you want to always see a stronger close and see it close,

there is that technical three-day route. you want it to hold that three day on any of the big moves. but this has been such a telegraph move and one last thing to tie it up. i don't think they need to come up with a product. i think it's strong enough to say if macbook sales continue to be stronger, i think it's enough after a caliber to make apple move out. >> no, it's not. we're already seeing ipads massively. it's the only way. $190 billion in sales getting hire. >> you know how they say the price is truth? you have to have at a certain point some being married to ideology and say you are wrong. >> can i button this up? >> no, carl icahn on twitter yesterday, he called the bottom.

>> that doesn't smack of a stop victory? >> as a matter of fact, that's one of the reasons i actually bought it and didn't wait. >> i'm talking about sentiment. >> there is nothing negative about it. >> we saw september, 2012, in the large numbers, is something -- >> did you short it? >> i've short the requests, i'm getting hurt, i have to be honest. >> apple is up since the split. since then. >> i thought maybe. >> you can believe in all that you say. it can go against you. >> we have seen this movie before. we know how it ends. >> all right. let move on here, we got the earnings out at the "closing bell." let's bring in senior analyst, he has a $40 price target on hp.

brian, it's great to have you with us. it looks like the revenue is the surprise of the upside here. what did you make of the quarter? >> obviously, it's philanthropic growth. most of the upside is earned by the pc business. notebooks were up 17% year over year this is the enterprise side of the business. it reversed and grew 2% year over year. we saw enterprise group as well. >> where are we? i hate to use the baseball analogy, use whatever analogy you choose, how far along are we? >> we're still early. i think we're in the 3rd or 4th inning. if you think about it, they are offering 8.5%. the peek margins are north of 11%. so we think there is a lot of profit growth and upside in the

business again, they're facing challenges across their portfolio. again, here is a company few expected to grow and they did here this quarter. >> is it enough, though, to have those personal computers. i hear you on the server side. how much was it benefiting from going back in that shift, going back into old tech versus momo tech and the other thing just to tack along on that, mna, they have a bicker r and and d budget than anybody. they don't need to take out a 3d printing company. they can do it themselves, where do you see the growth going forward? >> they have a per spect relative to the market on the whole. are you talking about a mature technology company. it's trading on nine, ten earnings. the market is 15 times next year's earnings. so if you look at the earnings of the business, $4.40 we see in the next couple years, i think the stock higher. could people make a case that

notebook pro is as good as it gets? yes, that's professionally true. there is a lot more levers to profit growth and ultimately, i think that's why you are involved in hp. it's a value play. i think you will see earnings and multiple expansions going forward. it's less about growth. 3d printing is a good area. i think internalization going on there. i think low probability than mna on the printing side. >> thank you. karen, what do you make of the argument that it is a value play at this point? >> it is kind of a value play. i 234r50e8 is a lot of head winds there. i think meg whitman has done as good a job as one can do. it is a value play. but for some reason i'm not that interested. >> well, i think the problem is, it may be a value play, where will you get the growth?

where do you want to be? they will get their growth potentially from 3d printing. i'd much rather be a stratysis than hewlett packard. now what will you do? i would much rather deem the space. >> they request get the market share from ibm. they can gain market share and servers and improve the operating margin and increase consulting. >> that's what meg's turn and story was, was trying to steal market share in that server business. but i am afraid, i have been in and out of the stock. i am afraid it's really hit a ceiling on this because it's being judgeds a olding the. it's benefiting from that. it's actually not growing fast enough on the server side. we're still in that grey area of 3d printing. that's what everyone sees as growth. that's not rewarded. it's become a raw trap in my

mind. >> more on that conference call which just started. banc of america striking a deal with the justice department. will the settlement have an impact on that stock? they say they will fall. now it's $5. we'll explain why coming up on "fast." . .

tonight shy of expectations. the retailer posting flat comp sales and fallout from the math and data breach continues on its way since the last quarter, lots of changes there. >> you guys were saying it, they've reset the expectations, they went well below the street for fiscal 2015. now they're set up to regain consumer trust. i have been very intrigued with the stock. i have been waiting until it retested at that 55, 56 area. it hasn't done that, that reversal pre-market was trading at $58 bucks. before you knew it, it was at 60. to me, i think you see people coming in here playing for a turn around with new management. they said some decent things about recent traffic in july, stuff like that. i think it's interesting here.

>> we know what the problem with is. it's canada. just plain canada. >> you are a real problem, randa, i agree with dan, $55 heads out very well. we just talked about hewlett packard, that was $12 bucks grasso pointed that out in november 2012. here's the thing, the turn around quarter, things should get better from here. as long as you get 55, you are safe on the stock. >> we talk about the kitchen sink all the time. yet i was hoping it would trade with the kitchen sink kind of multiple. >> so you can get it? >> in fact, it doesn't. >> what does that signal? >> it signals that probably the street thinks they were sandbagging a bit, setting the bar too low. even compared to it's own p.e. ratio it's not particularly cheap. i will have to let that one go.

>> next up, banc of america's role over the sale of mortgage back securities in the runup. the bank will pay $10 billion in cash and provide consumer relief valued at $7 million bucks. karen feinerman do you still own banc of america? >> yes, i still own banc of america i think this news has been telegraphed for some time. the deal isn't the headline number that you see. so i look again at fundamental also. i got some tweets. shouldn't it trapd to book value? you have to take out the good will. they are right around 1-point. tangible values, if they were under, i would be buying a lot. i think the stock can trade to 20 over the next

year-and-a-half. >> i have been currently in and out of the name. for me you use 14-and-a-half, 16-and-a-half. it bounced around there. i don't think it's in danger of break out either way, if it does, you wind up buying the momentum, not selling. >> the stock acted horribly, this news has been pretty well dell le graphed. it doesn't matter, it made a flatlean here between 14-and-a-half, 16, something like that. people don't want to be in certain u.s. money center banks. this is the top of that list. >> why should banks trade at one point in time? it's completely different tan five years ago, ten years ago? what's the catalyst? why should they trade so well? . you know, we see net interest mar jens that are really, really

low. i think the grade is going higher. i think there is earnings .er there. i'm not sure. >> coming back, we are looking at jackson hole, fed chair janet yellin left more dovish than expected. a large stake in rental company hertz, karen feinerman takes you behind the filing, how to read between the lines t. "fast money" trade school heading your way. i make a lot of purchases for my business.

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over the next weeks. he is a contributor for cnbc's future's now. greg, good to e'you. >> thanks, for having me. >> what is going on, for the month, brent and wti is down. >> what is happening geopolitically isn't affecting supply at this point. there is no demand, china 8% lower in june. 9% lower in imports in july. same thing for u.s. as far as demands for oil. same thing in europe. if you took that out of the mix right now, it would be trading $85 a barrel. >> i was short until today, i covered it until today. i can't see a catalyst that will get us lower. i understand it's a supply issue. what are you seeing that everything everybody else isn't? >> go out for the last 15 or 20 years, you will see demand drops extensively. so that's number one i don't see the economy in europe picking up

any time soon. production in the u.s. is off right now. when you look at brent and dubai, they're in tango right now. >> so the $5 below current levels call, what time frame are we looking at? >> i'm thinking this contract, i'm thinking by the end of this contract. so another month. >> if you are saying this is a seasonal thing that happens in the 4th quarter, you would see can tango, is it deeper? what does this tell you? >> it's not as deep as it's been in the past before, but it's certainly there and that does tell me this probably will happen. you don't see that in the wti market, which is surprising, wti would be least affected by geopolitical concerns at this point. you look at the supply, there is about $200 million barrels in the golf waiting to have something done, i think

geopolitical is holdings up a bit, i don't think it will last. >> basically to wrap up that conversation of whether it's heading. am i looking just for weather to be my next catalyst? a crude weather play? >> can we see abnormally cooler temperatures? >> even hurricanes. even looking at the weather forecast, there is an interesting phenomenon where the hurricanes can't dworngs i'm not al roker. >> really? >> i don't know, exactly. so there is something that's cutting off the tops of the hurricanes as they develop. so that's not a factor at this point either. certainly that can change and certainly geopolitically something could change, looking at the market right now, i can see it's $5, even $8 long. >> thank you for coming by. we should know it's al roker's birthday by the way. did they confuse that? >> very much. >> right. let's trade lower oil here,

grasso. >> if you think oil is going to continue to move lower the names should be sold. i saw a couple new annual highs in the refiners, so that spot is always per nexting. >> what will get you back in the oil short? >> some kind of demand catalyst. some sort of reduction in demand we don't know about already. maybe it's europe. maybe peace breaks out around the world. >> wrej i hear there is tons of supply. it makes me think who uses that supply? tankers. >> they move with how much supply is looking to be moved around the world, not so much oil costs. >> mna shifted their members to much more of a tanker leak. now to janet yellin's speech on friday in jackson hole. will the fed share i chair be as

dovich around the horn? >> it was amazing, steve liesman did this great poll and said 6% of investors thought yellin would be hawkish. to me, everybody on the cover side of the boat sets up a nice trade to be short treasuries in. that i have a small put on tlt. >> that expires on friday, just that exact reason. >> the problem with the marketplace, everyone has been on the same side of the boat. i feel they will be the right ones at this point. maybe this is why you can't see banks run. we're looking for interest rates to move a little higher. the banks fajtorred that in. >> are you looking to move out of the market? >> i could be. i think the biggest thing you have to look for in yellin's speech, really, is how long is the fed going to stay low and if they're going to stay low, if they're willing to tolerate a little more inflation than their 2% target. if that is the case, then you

get negative interest rates where inflation goes higher than interest rates, positive for gold and real estate and positive for stocks short term. >> i will not trade around it even if i knew exactly what she was going to say. i can't tell you what the outcome of trading would be. >> and that has been different than in years past? >> i don't know. i never know what to make of it. >> the market is up from that original taper tantrum. it's up from that peak 17, 18% from 2013, may, 2013, it's up 25% from when we did that initial dive. so even though no one understands it, the only right thing has been buy equities. >> coming up next, the call halfway through with meg whitman, later, amazon is looking to set up shop in chosen's shanghai free trade zone.

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welcome back to fast money. still ahead, amazon looking to take on ali baba on its home turf. rico's kara swisher joins us, they are revealing a stake on hertz, we have a trade on this afternoon's filing coming up. the driving of the car mobileeye, find out where he's so bullish on this stock we kick it off for the drop, jet blue. up 3%. >> everyone has been waiting for this stock to take off. that was not intended to be a joke. the stock is unleave e even. it's up 49% year -to-date i woud probably still be on board. >> cumulus up 6%, karen. >> the lord giveest and taken

away. this has been a panful one for me t. earnings were disappointed. >> solar down 6%. beakers. >> this name got ahead of solar rally. it came in with missed estimates. i think you stay far away from this one for now. >> you can't catch a bid. obviously, it's a high profile bull bear debate. carl icahn owns 17 million shares of this thing. he's the largest shareholder. sooner or later, he's a good trader. he will say, how do i get out of this thing? somebody is selling it right now to me this is not one you want to bottom fishing. >> ever wish you could change the color of your clothes like a

khamelion? they have developed a camouflage material that does that, the fabric shifts from white to black and back again and scientists hope it will won u one day imitate real life patterns. >> awesome. love it. >> let's talk about hp. the company maxing out earnings, boating on revenues. the stock is trading lower in the after hours session. david faber joins us now from cnbc headquarters with the very latest. >> hey, melissa, they were finally getting around to answering questions on that conference call. you typically have these 15-minute presentations, few will, scripted comments from meg whitman the chairman of ceo and the cfo. as for the quarter, you guys have already been discussing it. 1% revenue growth they are celebrating to the extent that

they haven't seen it. personal systems group quite strong. in fact, on the call, in her prepared remarks, whitman discussed the fact that not only have they seen growth overall in terms of personal assistance, but they believe they will continue to take market share. >> our product line-up like our elite series, it's the strongest we've had in years. we continue to see customers looking to refresh their aging installed base. we believe we can continue to gain share in pcs, despite the challenges in this market as it consol dates. >> when have you 50% still in the hands of toshiba or asys or shinsoney. hp and dell market gains will be coming. >> that important part. not as important on the profitability side given the markets are 4%, not bet were tan

lenovo. not incredible. as for printing, the markets are higher. the revenues there did not come in where they were expected to. supplies revenue was $3.7 billion. that's just supplies in terms of ink and the like, made up 65.5% of presenter revenue. ink may be down. we may be seeing pressure on toner, which is happening japanese sellers of that particular product. they also were talking about larger than expected inventory correction from consolidation of u.s. retailers, which may suggest softness in demand. they say too early to confirm this trend. overall, enterprise group not bad. enterprise services, actually. speaking of maeg whitman prior to the call. she says she is still encouraged by that part of the business. it is in turn around as is so much at hewlett packard. revenue is still down. she says it's going the right way. interestingly, they did see

significant gains in china. they have new leadership there she said is making a difference. a guy bob mou turned that around over the last year sort of a mixed picture if you will, nothing to dissuade those who think the turn around is taking place at hewlett packard. >> it's interesting what you touched on in terms of the strength in pc sales, that weighing in operating margins which are at a seven-year low at this point. in pc sales, i imagine the main question of analysts during this q & a session which is just beginning will be how much is sustainable as opposed to a one-time blip because of a lack of support for xp. >> yeah. they say that is running its course. speaking of whitman as i did earlier today. again, she came back to this idea that we'll continue to stake i take share. some of these other weaker players, whether a sony or toshiba or asys will not be able to compete with the bigger guys in there. >> that at least seems to be her

belief melissa they will continue to see traction when it comes to pcs. >> david, thanks a lot for the update there. david faber joining us. of course, be sure to catch david's exclusive interview with meg whitman tomorrow, that's on ""squawk in the street."" meg will be live to talk all things earnings turn around as well. it's on odd reaction. >> we get 4% mar jens because other people are going out of business? awesome. >> it can still be a trade. >> here's the thing. you know what the catalyst is. the likely thing of them whipping after the sustained turn around. they have cut a lot of costs, doing numerous restructuring. you won't wake up seeing it out of the blue earnings, that being said, i think it's a steady increase off the lows last year.

i think if you put together a couple quarter growths, you are much more positive. >> you are positive hp than apple? >> i like apple. >> contrary to popular belief. >> the thing with apple is expectations are very high. >> you have a run year-to-date. >> fundamentally expectations are very low. forget about the price. to me it could be a 40 leg back. because expectation is low. the probability of apple being able to skip up 10, 20%, based on where expectations are now is not very high. >> move over ali baba, ecommerce giant amazon is coming to town. they plan so set fwlup the free trade zone across china. so what does it mean for amazon's bottom lean and ali baba's upcoming ipo? let's bring in the co-editor, great to have you with us. we love stories in general about whoever has a dominant position

is seeing a threat out there. ali baba is about 80% of online shopping in china. how much of a threat do you think amazon will be? >> almost not at all in the beginning for sure. it's sort of like ali baba coming to the united states, except it's china, it's unclear how they will operate with the free trade zone with a lot of hype around it. doing business in china is a little different than anywhere in the world. so right now ali baba is the dominant player there. they're the amazon of chosen, essentially. they have jd.com, which is another company and a million more behind it. so amazon is not amazon there it's kind of pygmy if you think about it 12k3w4r how much will help amazon? china is the big market. it's where the burdening middle class is happening this is a company coming into its own in terms of digital commerce,

everything from car sharing, every single thing that's happening here is happening there. smartphones, apple is doing incredibly well there. you kind of have to be in the chinese market. so the question is, can am sob, will that brand name translate there or is it too late? ali baba las the advantage as do other chinese companies. >> you make a great point. what conviction level do they have? yahoo got into the ali baba shop, because they folded up shop. amazon has been losing money in chosen and india. i think they lost $126 million through june 30th this year. >> right. >> what's the conviction there? are they going to throw ipgs up against the wall and she what happens? >> isn't that jeff beso's favorite thing? i think he's doing all kind of thing. they got to see areas for growth beyond their original business,

which is commerce, which the markets are tight and interesting competition. interestingly companies like uber and goggle are getting into the commerce business. it's a tough thing in the united states to see real growth. so carolina is the next big thing in that regard. the question is, can they break into that market which isch a rated by home grown companies, which are powerful and have networks across the country? it will be interesting to see how much aws stuff they the and the storage. it's a big opportunity. it's hard not to go there. a lot of u.s. companies have had real trouble in chosen in the past. it's certainly not going to be easy. >> kara, thank you. >> no problem. >> ten kara makes a big point of a u.s. company operating in chosen. we seen that time and time again with ibm, microsoft, qualcomm getting pushed back from the government to phase the

companies over there. >>. it's like aol to fly a flag. i think amazon is recognized as a u.s. consumer company. >> we are five years down the road, ten years down the road, this might be a concern d. concern about amazon is when the market decides they no longer want to pay for that future growth, amazon has a real valuation problem. >> still ahead, coupons.com, mobileeye and go pro all had ipos with different price action. so what does the first analyst to initiate coverage think will happen to the stock for the rest of the year. find out when he join us live. that's next. ve. .

. >> shares of mobileeye up, some say it will be the standard in vehicles within this decade so will mobileeye be able to keep up this post op? coupons.com for instance up eight% on its first day now down 57% from that day's close. gopro are up 82% after popping 30% on its first day alone? what happens to mobileeye?

let's bring from our bc analyst joseph spa josephpack. we thank you for being with us. >> we think it's a unique asset. the company does the software that enables advance drivers systems. we see a coming inflexion that will allow it to grow 50% through the end of the decade. you will see strong earnings and free cash flow. >> there is very little overhead. the margins are extremely high. you make the point that it's the intel. you don't need to bet on the vehicle maker. you can bet on the platform that will go in many vehicles what are your assumption of vehicle steals? >> we are assumeingagely on a

global basis roughly inline with the rest of our auto coverage. we see penetration going to the high 30s by the end of the decade. thatly allow for that growth. europe has some safety requirements that's going to help with the uptake of these features. our surveys show the u.s. want it with or without regulation. we think it's coming. by the end of the decade, they probably have their largest growth opportunity ahead of them, which is the semi autonomous for fully autonomous driving. >> of course, the guys got the shares off the deal. originally, the price was supposed to be 1719. it got ratcheted up. where it did eventually open, they said let me take that profit and walk away. i bought way too early. i was so eenamored with the name. at this point do you think the head winds have died off to lock

in a wind? >> it's 180 day fwrgs the offering, it's sometime in january. look, clearly it was a hot deal there might be a little bit of a price skoefr here. we are believers in the growth and the profits that are coming. >> i don't have. we got the leave it there. thank you for coming back. now what do you do, grosso? . yesterday, if you look at it on a couple i object to the form days since it's been public. if you look at the retracement levels, right around here is where it's leveled off. this is the level you want to hold. so $35 is the level it has to hold i was actually going to buy it yesterday. i thought it was going to hold it. i didn't, unfortunately. will you have time on this. you will see eb and flow in this type of name. you want to dip your toe in because i believe in technology.

>> it's one of those things you dip your toe in, this will be a huge thing. >> it's a long-term hold. lets me rephrase. >> coming up, dan nathan takes us behind the options action on why there could be a massive move on earnings tomorrow. that's next. .

. >> chance of hertz trading at the end of the trading day after carl icahn took an 8.5% stake in the company and immediately sending shares higher so what exactly should you be looking for? karen feinerman has the trade school on how to file like a pro. >> like a pro. you see this news that carl icahn has taken a stake. i want to know when did he buy the stock on the front page of the 13d it says the date he took an action that triggered this filing. we see that. we have a nice graphic there.

he has ten days to file he's done nothing wrong. the second thing, you want to see how much stock he owns. we get to that 18.5 number. the third and most important thing is item 4 it tells what you does he want to do? this is really important. so if you read this one. a lots of times we see carl being extremely aggressive, put a company up for sale. things like that here he's frustrated with the managing issues. for carl, it's not the most aggressive 13d we've seen. if you think, don't put hertz up for sale. i think it's likely. they don't have their accounting in place. nobody wants to buy before they know what they're buying. that's how you read a 13d. >> are you in let's? >> no, i am not in hertz. >> let's bring in david faber. he has been in this a long time.

no surprise to you. >> it started in january, to karen's point, i reported back in journal when the company put a poison pill in. they were aiming at carl, they outed him in a sense if you will and got ahead of him. he then sold down but never fully sold out of his position. back then he was focused on the separation of hertz' equipment leasing business from the rentsal car business, that's something he has undertaken since he came down, now as karen pointed out he seems very misfocused on the management miscues. he's in the a loan. half of these outstanding shares may be held by hedge funds, speaking of a number sense we gottesman a filing from hertz last night indicating they were withdrawing, whether he will hold the job with carl at 8.5%,

you have to ask that a lot, including the lead director who is a supporter is stepping down from the board of directors as well. >> thank you, david. be sure to turn in next week, send in your video questions. yes, we want video questions. we will be showing your videos and answering your questions live here on air. get on it. salesforce.com reporting earnings after the bell. dan is at the smoortboard breaking it down. dan. >> let's do a little trade school here t. options is talking about a 6% one day move. it's at 7%. that's actually a pretty big move for a company of this size over $30 billion. i get the question all the time. what is it? how do you figure out the implied move. especially when you have reporting on thursday, salesforce.com has weekly positions, today ween the stock was 55, i looked at this friday

expiration, 55 straddle. >> that is being long to put and the call okay. if you bought that premium for instance today the august weekly 55 call was offered at 165 t. august 55 weekly put was at 165. if you bought that, that would cost you 330. you wouldn't need to move and if you look over to the chart here, you wouldn't need to move. these are your break evens, 5830 on the upside, 5170 on the downside. so that's how options traders look at this, especially on a short-term period of time so the thing to me that's interesting, you look at the chart, that's basically the range the stock has been in. obviously a high valuation, a fast grower here. it's one of the last tech names to report. when you look at this chart. it's not participated with the nasdaq as its come up to the prior high. so to me i think it's a very

good stock, if it outperformed to the upside or they were to disappoint, it seems like people are disappointing for it. you can see that move. >> check out the website options action.cnbc.com. coming up next, your first move. tomorrow, stay tuned. in new york state, we're changing the way we do business, with startup ny. we've created tax free zones throughout the state. and startup ny companies will be investing hundreds of millions of dollars in jobs and infrastructure. thanks to startup ny, businesses can operate tax free for 10 years. no property tax. no business tax. and no sales tax. which means more growth for your business, and more jobs. it's not just business as usual. see how new york can help your business grow, at startup.ny.gov

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. >> time now for the final trade. dan nathan. >> i know this sounds so july 2014 t.iwm, russell 2,000 under worming again. i'm looking for a stock to reshort. >> apple and i said that i used this in my final trade on monday. i will use it again, it's a habitual tester. don't be spooked if it trades to 95. >> we have a big rally. it is a great time i think to buy some volatility put but basically buy bulk. i'm doing that from buying the s&p put. it's now below 12. >> it pique peaked at 12. >> high yield bonds, junk bonds,

they've had a tremendous rally. i think that's a trade you can do all year. >> thanks, so much for watching. it's great to be back. sue eback here at 5:00 tomorrow for more "mad money" starts right now with jim cramer. my mission is simple, to make you money. i'm here to level the playing field for all investors. there's always a bull market somewhere, and i promise to help you find it. "mad money" starts now. hey, i'm cramer. welcome to "mad money," welcome to cramerica. i'm trying to make you money. my job is not just to entertain, but educate and teach. call me at 1-800-743-cnbc or tweet me @jimcramer. how do you judge an economy? how can you figure out how things are rea