>> i haven't heard a company say the globe has slowed so much that i'm changing my earnings estimates for this year. i need to hear some real -- earnings drive me, not sentiment day-to-day. >> see you tomorrow. "fast mo up down coming up in a few seconds. melissa lee, up to you. live from the nasdaq market site in times square, i'm melissa lee. the $1.4 billion tweet. elon musk's mysterious tweet about unveiling the d sending shares of tesla surging discipline it stale make sentence to buy ahead of the october 9th event. which biotech stock could see major up side from its ebola treatment. for everyone who guessed on twitter, it's not tekmira. a sell-off this morning and yesterday but ahead of tomorrow's big jobs report here in the u.s., economic leaders in

europe were sounding an alarm. >> our recovery is weak, fragile, uneven. >> the global economy is weaker than we had hoped. >> there are those gray clouds on the horizon. >> the recession seems to never end. >> economic clouds, financial clouds and the geopolitical clouds. >> things are not going well. >> so is this a warning sign for u.s. investors? grasso? take it glass half full and say we sold off in the morning. had a decline in the morning following the yoorn declines but then bounced back into the jobs report. >> i don't really see real aggressive buying. the volumes are pretty light. this dip that we see when we broke the 50 and you wind up breaking the 100-day moving average, we're still heading for the 200-day moving average. a lack of real substance in the market today. >> first all, while all the

european guys are saying what they're saying, bernanke was saying the u.s. economy is definitely strengthening. so say what you want. if you look at the nan farm payroll, also look at what happened today in jobless claims and continuing clams. we're back at 2006 levels. so what about the market? talking about what steve said, when the s&p broke 1940 today it looked very scary. that was the 62.5% retracement. it's a place where technically if it broke that and didn't climb back above today we'd be telling a different tale tonight. >> it was fueled by the parts of the market that had been lagging the broader indices. the russell 2000. last year we talked about it being in correction territory. today it led the gains on the major indices. that caused you to reverse a trade. >> we got a little lucky on the timing. i also watch the vix. 17 is the level where i hate

to -- it feels horrible but we usually sell protection. and to be this long s&p iwm is a protection-type trade. this is a grade we've had since november last year. it's moved 11 and change percent which is an extraordinary move for two major indices in the united states. so that, you know, it ended up being decent timing. i tried to buy a couple of things. was hard to get things done. >> some breaking news here an jpmorgan. >> jpmorgan is putting out new information about the extent of the previously disclosed hack against jpmorgan. they're telling their customers the affected households here, 76 million households impacted by this hacking attack. 7 million small businesses impacted. jpmorgan is saying. they're also saying what was actually stolen here was user contact information. name, address, phone number and

e-mail address data. also internal jpmorgan chase information relating to such users has been compromised. jpmorgan is saying. they're also putting out other bullet points important for jpmorgan customers to understand. there's no evidence that account information for such affected customers, account enenumbers, passwords. none of that, they are saying, no evidence any of it was compromised during this attack. also they've not seen any unusual consumer fraud as a result of this attack. they are reminding their customers that customers are not liable for unauthorized transactions. so a lot of new detail from jpmorgan chase on the extent of this hacking attack. 76 million households and 7 million small businesses are affected by the data breach. >> ayman, thank you for that update. >> i'm not thrilled as a shareholder, not delighted as

someone who banks at jpmorgan. >> 1 of the 76 million. >> potentially one of susin the 76 million. what are you expected to do. what do you do? anything. >> i guess you monitor the account. if no account information was divulged then apparently no losses. these kinds of things where hackers steal information it's yet to be seen. it's usually sold an the blacket. it's not for months later you can assess the damage. the information is more valuable if they -- >> this isn't like a hacker into your account. sounds like you could get a bunch of erroneous e-mails. >> home depot, jpmorgan. the reaction to that news is smaller and smaller. >> also underscores the value of the security plays, and these are things that are becoming much more complex. a bunch of ceos coming on,

talking about why these guys are three or four years ahead of the curve. makes you wonder how quick that's going to be obsolete. that's one of the reasons a lot of those valuations are insane. i think the hackers are ahead of them. >> back to market discussion. how do we set up going into tomorrow's job report. >> in 1940 in the s&p it got a little scary. we had that reversal. it's just because we've had this slow grind higher. a lot of people expect the market to crash off the highs. you think about the breadth, some of the internals we've been talking about for months. the small caps and other breadth indicators. the s&p made a new high on september 19th. automatic not looking for a crash of the highs. if we're going to go down 10%, we can grind higher. it was an interesting name. disney today was don more than 3% at one point. and that's really selling on one of the biggest stocks on the

planet. you have to consider the fact there's going to be legs to a sell-off if we are going to correct. it may take time. may not just happen in a few days. at one point, the s&p was down 4.5% from the all-time highs made september 19th. that was like the third largest draw down we've had in a year and a half. so some damage was done but it's not yet and i think there's more to come. >> since we're talking about technicals if you look back to june last year and how many times we broke the 50 and 100-day. every time we were below the 100 day we only stayed below for a maximum four days. this will be apparent. if we stay below 1958 in the s&p cash, this is something different. if we stay below that level for a week or so. then we're grinding lower to the 1900 level, that 200-day level we haven't tested for two years. >> much of the focus has been on small cap stocks. it officially entered correction territory before gaining background today.

our next guest says there's another part of the market even more concerning than small caps. let's bring in credit suisse global strategist laurie. you're talking about mid caps. mid caps are -- probably contain the companies we talk about every day on this show. >> we look mostly at the russell mid cap index. stocks 3, 4, $5 billion up to $27 billion, $30 billion. >> and what do you see for them? >> we are very worried about the mid cap space at the moment. we think it has the worst valuation story in the market at the moment. just as bad as small cap did to start the year. >> what's your perspective in terms of -- sounds like you are projecting further down side which we did see in today's session underperforming the broader indices. but for small caps already in correction territory, you see much more pain ahead? >> if we had to rank the three different segments, we would say large cap looks best.

small companies and second place and mid cap is what we'd call a distant third right now. >> so why large caps? just the notion of safety? they pay the greatest dividends? what is -- >> is it valuation? >> i think valuation is really the biggie. so if you look at mid caps, they are trading around 18 times. small caps around 17. what gets really interesting is when you compare the three size segments. when we look at midcaps, they are pretty close to their highs in absolute terms. basically near records versus large caps. and when we look at mid caps versus small caps, midcaps look as expensive. basically since the tech bubble. despite the nasty september that they had. >> which sector within the large caps do you like? >> we actually don't rate large cap sectors but we did an

interesting piece earlier an the dollar and talked about implications within all the size segments. and actually we found that within large cap health care does very well in a rising dollar environment. >> lori, thank you for your time. >> health care. i like wellpoint, molina. now i'm hoping for a russell bounce. >> you disagree? >> i'd lump the small and mids together. i don't think it really matters until you get toward the $25 billion and up. i think -- i've said this on the program an many occasions. the large cap is the next shoe to drop. i think they have become -- the deterioration or investor confidence in it. i'm expressing it ways that a month ago i would have short puts and now ibm and disney and a few of these is where you'll get the bang for the buck. if you want to try to find the next 5% to 10% of the down side.

>> making blanket statements about the entire market and saying mid caps are going to do x. you talk about disney. disney is a stock trading at a multiple. it doesn't know what to do. it may be worth that. people are paying tons of money for it. that's why you're probably focussed an disney. i look at small caps. i also cover -- i am -- unlike carry who had it probably on for months, i trade it week to week. you got to a point where these are way oversold. and small caps are trading, 17%, 18 times forward. it's a very different place. you can't say things go down forever. that's when you start to take a look again. >> it sounds like you'd be inclined to be long small caps. >> what i want to be long are mega caps. i think technology continues to offer you the valuation, the size point and dividends. that's very defensive for the

fourth quarter. >> one tweet adding $1.4 billion to tesla stock today. we've got the details an elon musks mysterious word choice and what it could mean. plus go-pro's founder and ceo under fire after gifting nearly $6 million of stock to a charitable organization as the stock sinks today. is this a pullback worth buying?

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gopro getting taken to the wood shed today. the stock falling on news that founder nick woodman is breaking the lock-up requirement so he can gift 5.8 million shares to his charitable foundation. the shares have been moved from one of his personal accounts to a new foundation account and none have been sold. there's no date set for selling those shares in fact. earlier this week, cnbc sat don with nick woodman and he had this to say about whether he was concerned about his company's stock price. >> no, it doesn't concern me. stock prices will go up. stock prices will go don. we can't control that. it's important to take a long-term view on this. as ceo of gopro, i am comforted

by the fact we have a very big long-term vision for the business. and at the end of the day, as long as we continue to execute an our vision, everything will be okay. and that's really everybody's focus at gopro is think long-term. and i think that in terms of stock price, there's a lot of people that believe in what we're working an at gopro. they believe in the overall size of the opportunity. and we're excited to work extremely hard and passionately to realize that expectation. >> to dan nathan. he's thinking blah, blah, blah. this whole transaction really bothers you. why? >> i'm not an investor. this is not a stock i would buy. i think it's very good they have a long-term time horizon because they'll need it. this, to me, we've talked about it before. this is the sort of thing if steve jobs were around he'd look at this hardware and say this is the worst hunk of junk ever.

there's very few things. there's a few little things we can do to kill us. that's another story. the transaction to me is, is it a little disingenuous? he's taking his newfond wealth and moving it into a charitable terrorist. they are setting a fondation and will probably support a lot of great things. don't be fooled here. this is creating an interesting tax situation for him. at some point when the shares are unlocked in december, i'm insure he's going to sell shares and actually have a taxable event and this will offset a bit of that. >> that's december 26th. but what this rnd scores is what could happen. we got a taste today of what could happen when that lock-up expiration actually does hit because of the small flow in the stock. >> it's a dangerous thing. i think dan is railing against the fact it's a piece of hardware that arguably is very cutting edge. to the extent the barriers to entry and a lot of competition in this space. it could be my iphone for that matter and the vision he talked

about. the vision as a media company. that to me is not something worth paying for right now despite the fact media companies are selling at major multiples. next up, tesla. elon musk tweeting it's about time to unveil the d and something else. he mentioned the date october 9th. the tweet sent shares of tesla charging higher on speculation of what musk could unveil. joining us with more an musk's cryptic message is ben. ben, great to see you. what could this "d" be? >> importantly it shows how difficult it is to be short tesla because one night you wake up. next morning and you have a tweet out there that's cryptic and you are covering it and trying to figure out what it means. lots of speculation today. you know, all the way from a new model to a convertible model s. my opinion, i think and one

other thing is the more important thing than the d. one other thing will be the unveiling of the model x. i think the d will be an all-wheel drive model s. >> so an all-wheel drive model s. will that drive further upside in your models? i guess that would be a great feature for those particularly who live where there is snow. >> there will be a premium on that as well. i do think it also does increase the total market. i think more important is unveiling the new model x. longly anticipated. we'd be buyers ahead of thursday's event. >> not only do we have this potentially an october 9th. you have the unveiling of the model x. any potential updates on its battery factory. how are we lining up for the trade an this stock if you are saying short sellers could be squeezed out of this thing. >> the quarter set up newsly l

nicely as far as numbers go. i think the street still below delivery numbers. i think we can see some up side an revenue there. and like you said, more information around the battery factory coming together with partners. and that should carry us throughout the rest of the year. and more surprises. >> what do you think the something else is going to be? if you think the d will be all-wheel drive, what's the something else? >> one important thing to remember, and i'm not in the camp that thinks this is a new model coming out this quickly, but because of tesla's technology and the portrain, it does make the development of new vehicles much faster than detroit could do it with having to reinvent a new power train for each model. it's justice a new top an their power train. comes back down to their technology and the value there. so it's one thing we need to remember with announcements like

this. that's why i always say you don't have to own the stock, but i want to short it. >> ben, going to leave it there. thank you. r.w. baird. you've not liked the stock for a long time. you were in his camp to short it. >> ben has had a great call. he's a great guest forror show. it's a guy that's not necessarily in belief of the valuation even though he may have a buy on the stock. the tweets that would keep me up at night, no question that the capital nature of this company are going up. they are going up with production and with their warranties. this aggressive time table for what is going to be a money pit and something they should not be developing themselves. these are things that are the concerns. ms. tesla. >> i hear all the bearish concerns and i agree with most of them. china is what's really up elon musk's sleeve. if he's so oversubscribed in china, they are so far behind on their alternative vehicles, that

they really have to catch up there and do a lot for their environment in china, and i think -- >> are you long tesla? >> i'm not. i haven't been long tesla for a while. i don't have this -- i'm fully invested in what i am. i got real defensive -- >> is this an the top of your list in terms of wanting to pick it up because we have all these catalysts. >> it trades nicely with all the moving average but i've got long my apple, long my facebook, so i have risk with the mobile eye and a lot of risk already filtered into my portfolio. coming up, the fears over ebola suddenly intensifying. one biotech name you may not have heard of that could see huge gains in the race to treat the outbrack. and crude oil. could it be a test for u.s. supply? fast money means trading. everybody has to bring their best every night.

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oil hitting its lowest level since april last year before reversing and settling slightly higher as saudi arabia adds to the pressure by kuth crude oil prices. how low could oil go? paul, good to see you. so let's get to that question. where do you think oil is going to go? >> we need help from the saudis or libyans. the libyans is total lly unknow. what's worried the market so much is we've had no real signs of a cut from saudi. how low would it go to the marginal cost of u.s. supply. low 80s, even below for wti. in practice, i think the saudis have seen a swift move in oil. it's been incredible from very high risk in july to ultimate

bearishness at a bearish time of year. they're just watching what's happening. automatic convin i'm convinced that'll come back into the market. >> do you start getting worried about rigs being pulled back and production being scaled back? >> we think it's a marginal player in the balkan and north dakota. it's going to be the wti equivalent of $70, $80 a barrel. that gives us in the 60 handle that's going to have to be that low. the profitability and rrns on oil here are very good in the u.s. it's going to take a good 10 to 15 to 20 more bucks before we see a serious scaleback. >> that would be just here. what about more global -- how sdlong it take for that marginal cost, to get down to that marginal cost where supply is less and then you get back in balance? >> we can analyze the market. it's a free market.

what we said about the market has been correct. where we've been wrong is brent. brent we had libya, saudi. those are not marginal supply cost type questions. whether or not libya is back in or not, whether the saudis cut or not, that's totally -- it's got nothing to do with the price. the issue of high break veterans for some of these countries. the fear saudi wants to hurt the russians who are at a very high break even. we don't buy the idea saudi uses oil as a weapon. they've done that in the past. we think they act conservatively. the fact of the matter is with the scale of the move and pace of the move, we're not surprised we haven't heard a lot from them. >> so given this backdrop on oil and keeping in mind the brent wti spread is at a 14 month low or lower. which companies set up best for earnings? >> i think the temptation. >> and worst. >> if you believe that we're at a seasonal low, if you believe

this is a negative vortex of everything going wrong for oil simultaneously really fast, which is basically how we see it, we think they'll hold a rally over the next few weeks. this is turn around season in the u.s. we don't know whether it's hot or cold. it's totally the wrong point to go bearish. do you buy quality, an eog, something that people love and it's really good? or do you buy something deliberately rough that you know will make a lot of machioney. we're not recommending any stuff. you've seen them get crushed. if you believe in a rally you very much buy those. we love the restructuring at hess. those would be two top names for us. we are struggling with refining because we thought brent would hold and it hasn't. we think long term we've always set up callers long-term. we think there's plenty of value there. marathon are our standard names. >> where do you go in oil?

>> i think as paul said, large cap names start to look interesting after this kind of a pullback. if you think we have an incredibly mild summer so people were under weight and the supplies are something that could get burned through on stockpiles, there's probably a lot more up side an the nat gas side. and ultimately, i think you get to a place where oil has to find a base here. >> i'll echo paul on hess but throw in apc, oxy, marathon. you should still be in the service names. even though they're still up on the year, still 20% off from their near-term highs. you have a little room if you see this whiplash back. carl icahn and a big win this week as ebay splits with pay pal. traders are betting gans o inti of his other plays. a look at the act as investors move forward yahoo!

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welcome back to "fast

money." wi live at the nasdaq market site. how yahoo! can save $16 billion. and carl icahn may not have the midas touch. and more bad news from argentina spooking investors today. should you buy this dip? we start off with new developments an the ebola outbreak. the ebola outbreak is disrupting oil drilling plans and a false alarm in hawaii where a patient was brifly placed in isolation before being fond to not be at risk for ebola. meg terrell joins us from dallas with the latest. >> hey, melissa, how are you? >> what's the latest? >> you mentioned that false alarm in hawaii. they told us the scope of some of those inquiries they've been getting. they've gotten 100 inquiries from different hospitals or health departments concerned they have people with ebola. they've identified 15 where

testing was warranted. of those, just one was positive. that's thomas duncan being treated here in dallas. they are treating him in the hospital. and they are assessing about 100 people he may have come into contact with. and of those, they've identified just a handful who may have had serious exposurexposure. four of his close family members have been ordered to stay in their home until october 19th. that's the end of the incubation period for the virus. in terms of -- the cdc director tom frieden said experimental therapy is being discussed at the hospital with the patient and the family and it would be made available to them if they choose. there's some concern here that they are emphasizing they know how to contain this. >> i want to talk about the aspect of the cures and treatments and vaccines. we've seen a number of these biotech stocks surge on the hopes they will land some sort of government stockpiling contract. there was one interesting note today that flagged a company and

the analyst is overweight this stock because of the pipeline it already has and ebola would just be a bonus impact here. and that company is camarics. >> they are working an an anti-viral which is pretty far along in some other testing. it recently since the beginning of september showed some anti-ebola activity. it wasn't putting a lot of stock in that necessarily, but they did say because of showing adaptivity and showing activity in smallpox and it's shown some -- it could be a good option. it could be worth $100 million a year or more. and because it's in smallpox, that's another reason the government may get a double wammy from smallbox and ebola. >> in order to test it, its

efficacy on ebola, it would probably need more funding because the finishes iunding it that's specifically for testing in smallpox. >> that's true. it could need more funding. however, in order to get a government order for a stockpile, they told me they'd need efficacy in two animal models and safety in humans. it's already shown that safety data in studies in other viruses. so to do the animal model is not as expensive as doing clinical trials in humans. it's helping fund clinical trials in west africa. i don't know whether chimerix is participating in them. but that's another potential option. it's not necessarily necessary to get that data in humans, efficacy data in humans in order to get a stockpile order for a disease like this. >> meg tirrell in dallas. thanks for phoning in. >> chimerix, a massive month

along with a lot of these other biotech and pharma stocks that have potential ebola treatments and cures in the pipelines. it's a dobl year to late and yet piper says it's the safest way of playing this space if one must do that. >> i don't know if you have to do that, though. it just seems -- i'm so out of my element. somebody will win probably. won't be me. >> that's the thing. a lot of investors are very out of their element, unless you are someone as piped in as meg tirrell. she's not an investor. she's a great reporter. we banged the tape an this yesterday. if you look at how this disease is transmitted, with the airlines actual exposure. the market caught some sanity. and rallied these things. they snapped back. that's have you have to think about pharma names. be careful on the overreaction because they may snap back when

people realize that's not exposure that you want. >> i don't know if it's second or third derivative. automatic a germophobe. >> lately. >> one thing i know about you. >> i understand this is one case. potential for more. one case. keep it all in perspective. if you look at a stock like amazon, if people want to start to shop online versus -- so i'll go ninth derivative. so amazon on a different scale, usually bounces from this level. if you believe the market is recovering, i would be in an online shopper like amazon and e-commerce. >> it's working in favor of that trade is you are entering a seasonally strong period. >> i'd rather shop my computer. >> if it comes to the pharma names, i'd rather go into idb. even though they aren't bigger players you'll get your bang for your bugck. >> mel was sipping your cup there. >> i'd let it sit there for 24

hours. >> tdan nathan is at the smart board. more pain ahead? >> there's a continual roll in the puts down in the stock. down 36% on the year. made a new ten-year low for the second day in a row. today options volume ran 2.5 times average daily volume. one big trade who was -- or a buyer of the may 2017, 26 puts paying $1.65 for them to open. $3.3 million in premium that break even down 20% on may expiration. this is a stock down 46% from the 52-week high. when you look at the chart you can see it was trying to base earlier in the year. it's just fallen off with the price of crude. you look at the ten-year chart, this could be one of the worst i've seen. you look at that back to 2004. the break even is way down here.

all this put buying has caused the price of options to shoot up near two-year highs. it's likely to continue if the stock continues to climb. you'll continue to see what is probably protection buying. an equity that's a market cap. about $10 billion in debt and $2 billion in cash. this could be some protection for people who own the debt or for long holders. >> more "option actions" tomorrow. let's hit the chart of the day. this is an interesting one out of argentina. the merval stock index falling today. the head of argentina central bank resigning this week. >> a guy that at least was seen as having a very independent voice. running counter to the finance minister who was very active in the debt restructuring talks.

it's become personal in addition to legal. it gets to a place you have essentially maybe a puppet figure in the central bank. the problem for argentina is really one of macroeconomic deterioration. the currency probably will continue to suffer because it's of the view of the finance ministry we weaken it. this is a market in 2015 will have presidential elections. whether there's massive change, this market is beginning to change. this is a market up over 150% year over year. even with that news today, this is a lot of this is pull back to buy. a lot of adrs you can trade here. >> you are in some of these banks. >> i'm in bma. >> and you are holding. >> this is one of the high quality nams. tro is a telecom company. >> it has been a busy week for starboard, first targeting a slim down at yahoo! and then taking aim at real d. will the company cave into the

pressure? much more "fast money" straight ahead.

time for pops and drops. big movers of the day. a drop for garmin down 2%. >> this stock has not had a good run. broke a key technical support level. the gap level from this past february. i think things are lining up against this company. i'm surprised they are still -- have the momentum they've had in wearables. the apple watch in 2015 will be a big story for this. not a story i'd step into. >> drop for honda motor. ubs dongrading the automaker to neutral. >> a trip to the 52-week low club. this stock saw a significant pullback. 4.9% decline after almost 40%. a lot of automakers are wondering whether they've peaked. that's how to trade in these stocks. >> big pop for wayfair after debuting on the new york stock exchange. >> it's home goods. they are very aggressive. it's interesting.

huge growth. footwell, joss & main. huge growth. really spending money to get new customers. it's kind of working. just a little expensive for me. great ticker for them, w. >> this stock is up about 85% since the security breach back in 2012. it's recovered amazingly from there. it's running into a lot of resistance around the 75 level. i wouldn't be a buyer just yet. >> a pop for private eyes. detectives in dubai will have a high-tech device for going after bad guys. google glass is capable of recording video and sound. they hope it can fight crime as well. police eyeing a perk. can use google glass to match up the image of mug shots. >> you had to go with hall and

oates. >> you like the song "maneater," right? >> me again? >> you're sitting right next to me. busy week for starboard. after its campaign to get olive garden. it's saying it could save shareholders $16 billion and starboard is going after real d, a supplier of 3d technology to cinemas. joining me, john janarone. aka, j.j. flash. j.j., we've got two stories. let's unpack the first one in terms of yahoo!. everyone was thinking, now what? what's the catalyst? >> my source explained they want to take the core iyahoo! out of yahoo!. so this is a pretty elegant solution. one is the tax issue. so starboard estimates in the

letter last week they'll save $16 billion in taxes if they can do this. that's a massive amount of company. the entire market cap is $40 billion. the other issue is the lock uf. yahoo! isn't allowed to sell this or spin it off in any normal way for about a year, until next september. if they do this, that would be $16 million. aol is another piece of this which would be icing on the cake. they believe aol and yahoo! could be a good match. there's the reverse morris trust where they'd spin out core yahoo! into aol. that doesn't need to happen. the real juice is in freeing up the ali baba stakes. >> the stock went up a lot. is aol on board for this? they talk about, you know, synergies, cutting costs, display. >> i think -- i spoke to aol and they didn't want to comment. i think they'd probably be interested. a lot of scale. and my guess is starboard would

want to put aol's management in charge. they went in there. there was a proxy fight and they lost. they wound up selling off these patents. the stock went up 43% in one day. i think starboard probably is pretty happy with aol's management. i could see it happening. >> let's get to real d. what's going on there? >> starboard, a lot of news this week. they anonced a stake in real d. they want to buy it. i think their view here is that just agitating is not enough. i want to run the company. so what it really does is they install this technology in movie theaters n get a cut of every ticket that's sold. they make something like $120 million a year in revenue. their ebitda is only about $50 million. it looks like they're just not managing the company well enough. spending a lot of money investing in new technology to go out and put in other theaters. they think they can run the company better. >> john, thanks for coming by.

otherwise known as j.j. flash. we've been wondering ever since this whole spinoff news came about, what would be the next catalyst. why would one like a dan lobe take a stake -- i'm sorry. not dan lobe. why would anybody take a stake in yahoo! at this point? >> well, i think if you read the -- >> after the ali baba. >> they talk about, you are creating yahoo! for negative. so if you believe that it's not worth negative if they aren't going to continue to -- people think they haven't been using their cash wisely, i am unclear if that tax thing works. let's say it does. then there's a compelling argument. with or without the aol piece. >> i don't know why this is a surprise. if you get a tracking stock for this, this shun locking significant value. this is based upon ali baba which people have been trading for years, much less

transparent, much easier to trade. the catalysts are right there. you have an underlying business valued at zero. meanwhile, there are thousands of people that could probably put this structure together tomorrow. >> it's the whole code discount issue. it's huge. if they can get rid of it -- >> will this quarter be different? we're trading your tweets right after this. [ male announcer ] your love for trading never stops. so open an account with schwab. and when a market move affects, say, a cloud computing stock you're holding, we can help you decide what to do. with tools that help you see how market activity is affecting your positions. so when the time comes to decide whether to scale in or scale out... you can make your move, wherever you are. and start working on your next big idea.

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you tweet it, we trade it. this is for tim. what is going on with starbucks. nothing but down side. time to get out and free up some cash? >> what's going on with starbucks? they just did a deal with starbucks japan on the piece they didn't own. this is a very innovative way to deal with offshore cash that's trapped. they have multichannel ways to expand their growth and getting mid to upper growth out of one of the largest consumer companies in the world is something you shouldn't republican awrun away from. i'd be looking to add on this weakness. >> how about deere and company for the long-term? >> if you overlay corn, whether

or not you think corn has bottomed. if you think the commodity corn has bottomed, then be a buyer of corn and deere. i would shoot it against an 80 stock. keep it an a short leash but i like the setup going along. we have your first move tomorrow when we come right back. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities.

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it is time for the final trade. tim seymour? >> i talked about some directional stuff. eem, i bought. this is a way to be directional. it's way oversold, tight stop at 40. i'm playing this probably for five or 6%. not going to the moon. short term. >> steven grasso. >> mobile eye. you know i'm crazy about autonomous driven cars. i love this space. this whole sector. but it is not for the paint of heart. i own it right around here. i think this stock is poised to move higher. >> karen? >> novios acquisition. they are in the product tanker and oil tanker business. a big hedge fund that got out yesterday. printed 270. i think it's good down here.

>> nasdaq 100. i think puts are a great way to hedge your portfolio. you probably all own a lot of apple, microsoft. >> we'll see you back here for more "fast money." "mad i'm here to level the playing feel 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. other people want to make friends. i'm just trying to make you money. my job is not just to educate you and to dietteach you so cal at 800-743-cnbc or tweet me @jimcramer. we decided that whatever can go wr