gang. >> he was saying he wouldn't short the u.s. dollar. we have somebody that says it's a clear long because there's plenty of upside to the tune of 20 plus% to the upside. >> another huge move. >> fast money starts right now. i'm melissa lee. stocks across the board getting pressured over fears of a potential fed rate hike and strengthening u.s. dollar. we are bringing back raoul pal. he told us the rally was just beginning and financials taking a big hit today but tomorrow stress test results could provide a boost for the banks. and a change at google. the company just announcing it's cfo is retiring. we'll tell you what it could mean for the tech giant. we start off with a broad sell off today. not just stocks. oil also getting hit hard on the

back of the strong dollar. pete, the s&p and nasdaq closing at session lows. >> they absolutely dumped in the last 15 minutes of the trading day. obviously the strong dollar, how it's going to effect the mul multinationals. we started to push to the downside and financials started to lose what they had going for them which was a nice move last week. well over 24 and a quarter and pulling back cig any kansignifi. is the dollar going to go higher than it is right now. it's probably a buy. is it? if it continues the market has pressure on it right now. >> you're a longer term investor because longer term the trend is that a strengthening u.s. dollar is good for the stock market. right now it's pretty painful. >> it is pretty painful. i was talking to pete before the show. i bought some s&p puts. even with the index up i didn't think it was up that much that it wasn't worth buying more protection here but i also

bought some long stuff. so for example united rental got crushed today. down four points at one point. this is an entirely u.s. and little bit of canada based business. they should be immune to it if we talk about home building improving this year that would be good for them. >> pete brings up the financials. they're down 3 to 5% year to date but e trade wealth management up 13% year to date. charles swabb flat. i think they both go higher but it's underradar. we're looking at capital return from these major brands but under the radar these stocks continue to climb higher in what should be a rate increase sooner than later. >> i don't know what the surprise is about dollar strength and what it means for our multinationals. when you think about what investors were paying, procter &

gamble is a great example and you and i were talking about this earlier. this stock was trading at 21 times expected earnings growth. >> nobody talked to me before the show. >> tried to talk to everybody and nobody would talk to me. >> png. >> people were paying for what was close to a 3% dividend yield for no growth. 21 times earnings at the end of the year. now down 12% in a straight line. i think this price action where investors are starting to consider what they were paying for a yield and what they were paying for growth makes a lot of sense. it's a reset that had to happen. the s&p is down 3.25% from the all time high. so to me you have to consider the fact that the dollar is going to still go higher. we were debasing our currency for six straight years. now the rest of the world is doing it. i don't know how the fed can talk it down when everybody else immediates the currency lower. >> where do the markets go?

is it a conclusion that we'll see equity weakness? >> i would say overall probably. at least in the near term but i'd also say that volatility -- so karen's point earlier, she was talking about buying the puts. when you look at what's going on in march, when you go back to february and january, 17.9 million contracts per day in january. 16 million in february. so far this month averaging 14 million. what i mean by that is volumes have come down extreme. people don't have the kind of protection in place that they need to have on and all of a sudden you get violent moves in the volatility index. i think to john's point earlier does volatility potentially go toward 20? if you're buying it at 16 right now i don't know that that's high. 14 was ultimate. that's a great area to buy. between 13 and 14 and now at 15 and 16 maybe it's not so bad here either because it's probably going higher. >> let's say dollar goes higher. most of you at least mt. near term believe dollar strength will mean equity weakness in the short-term.

that means what? the tlt trade? the bond trade is back on? >> it should be back on. but if you just carry out the actual trade then oil has not bottomed. you could see that -- we'll have a guest on later that will talk about it. >> more pain in the energy sector. >> and you should see financials do better but if all equities do worse everything is trading within 70% of the overall market going to trade with it. >> i would tell you guys and i know you're going to freak out here. when you think about how much they get from overseas and they felt minimal currency impact in the last quarter. once you get this iphone 6 upgrade cycle wayning toward the end of the quarter a lot of that growth has to come from overseas. >> two days out now and 2.5% later after the iwatch, what do you make of the chart. >> it's not acting well at all. i think and some of us are

talking -- before the show we were talking about the computers coming out but the watch itself that results while tim cook was talking about it apple stock went from very positive down to flat and actually started to go into the negative territory but that watch reception was not very strong and as you watched them start to break down you wonder does it get down toward the 50 day. it seems there's pressure on it right now. at 118 i would be a monsterous buyer. i still own the stock. i would be adding to it. >> our next guest is predicting the dollar's big run and negative effects that come with it for quite some time. back in january on fast money. >> i think the u.s. dollar move has barely started. i think we may have one of the biggest moves we've seen in the dollar. plus 15, and the u.s. dollar. if that's the case oil is going to come down further.

>> the dollar index is already up 7%. joining us is raoul pal. great to speak to you. the prediction on the dollar index from you is shocking. where do we go from here? >> it's probably going to be up 25% this year alone if we look at how they go. i think it's going to go at least to using the 125 and even further. >> connect the dots for us. if the dixie goes to 125 or further oil goes to 20 and what impact does that have on the cpi? >> it's very interesting because it's looking at indicators right now which is the cpi.

they're looking at core cpi. it lags by 8 or 9 months, slightly longer. so chances are if we see oil fall down to $20 we could see cpi and core cpi into minus 2 and minus 3%. i don't think people are expecting that and that's a big issue going forward. >> people rnltd expecting it. are you expecting it? >> yeah i'm expecting much more deflation than people are imagining right now. the oil price is moving so fast that even priced the yen it's still fallen 50% in yen terms. so everybody is going to feel this deflation. that builds through the product cycle because as you manufacturer things you do it at cheaper cost and it comes through. all of that coming through to the core cpi gets to be felt and that's still to come. >> many terms of oil going to $20. you have a couple of fundamental reasons why.

it's not just the dollar strengthening that is pressure oil to the down side. it's a couple of shocks. demand shock and supply shock, correct? >> absolutely. most of us are familiar with the supply shock in oil that came and from china but the significant thing now is what they deem to be short-term in the price of oil. they're hoping it will rally in due course so the storage facilities are filling up at an incredible rate and should be potentially full so there's no way to store oil on land in the continental united states by june or july. and in which case any oil brought out of the ground has to be sold in the normal market at much cheaper prices or they're going to have to shutdown

production. >> and the demand shock is coming from china at this point? >> europe is slow. china is weak right now. they were always the consumer of oil. there's a chance as i mentioned before on the show that there's a probability that the u.s. goes into recession this year alone. so all of those factors combined make it very difficult for the oil price to have any sustainable rally. >> we're also showing on the screen the chart you have in your latest news letter that's the technical chart of oil. the notion that not only are these fundamental pressures on the price of oil but technically speaking the trend is for oil to go to $20. what happens to the oil industry if it goes to $20? >> it's a classic cycle unfortunately. so so much money has piled in to the oil match over the last 5,

6, 7 years and much of that money is going to get destroyed. it's very typical. we had it in everything from railroads to internet. so the problem is so many of these company versus to shutdown production and the economic damage from that both in terms of loss of wealth and also loss of production is significant. it's not the end of the world but it's something that could create larger problems for the rest of the world. it's not only just the u.s. that has had a big oil production boom. so many other countries will get caught up in this. >> will we see the damage from the industry impact overall corporate bonds? >> will we see it trickle through? >> yeah, one of the reasons why that happened is you were talking about financials before we came on the show, they have money to oil companies so at some point the banks are going to suffer some what in this and

it's a simple fact and very typical of the credit cycle so even good companies end up having to pay more to borrow money. >> we're going to leave it there. thank you for phoning in. we always appreciate our insights. >> thank you for having me. >> raoul pal. oil to 20. dixie to 125. the trickle effect to high yield corporates. what do you think? >> is this an alarmist scenario? everything he said the last time was right. >> totally came true. when i look at the dixie on a long-term chart, 121 is your resistance to the upside. he said we're going to 125. we break through 121 we're going higher than 125. it could be worse than he's talking about.

>> but forget charts here. think about what's going on. the industrial commodities and the dollar going this way. this is the end of qe and this is what maybe the end of it looks like here. we have been focused on equities. bonds had to pop but they could come. >> listen to little miss sunshine. it all makes since the way he lays it out. i feel like we could see it might be europe having some response to the ecb's efforts. >> right. if things perk up. >> right. and that could reverse -- it's a dire scenario. >> we all understand that by this point in time but the other thing to remember is if you look at the way oil has been trading it's been there for awhile.

it finally cracked underneath 50. when you look at what's pushing oil, every day look at it from 11-2. that tells me machines as well as margins are a big factor in where oil is today within that 48 to 52 range. >> so you're saying that 20 is not in the cards? >> i'll take the other side of it. i believe -- i agree with you it's machines which makes the unwind of what we're seeing false stability. >> right. >> talk of a potential rate hike. which names are worth buying. that's next. and news of the apple watch falling a little flat in china. we have the details coming up. the casino is getting crushed again today. another analyst flashing the sell sign. we'll tell you whether any names are worth the fwamabgamble, ahe fast. and a lot helping you.

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>> google plans to have that transition complete within the next six months. google stock is unchanged. >> thank you very much is this a big deal for google? >> i hope not. this is the way to do it. to announce they'll be in the transition. you have to think they have the resources to pretty much get anybody they want. so i don't think it's a big deal. >> moving on, the broader markets one analyst saying investors are paying more attention to european concerns than the positive impact of a rate hike. all of this ahead of the results tomorrow. joining us is the managing director. great to have you with us. >> thanks for having me. >> any surprises that you're expecting? >> if history is any guide there will be some. the foreign institutions that are first time through this process are probably at the greatest risk of failure and the results that came out last week suggest more down side than upside. >> in terms of concerns, what is

going to be a bigger factor in how bairngs trade? is it how much they can allocate or what's going on in europe and how that's going to impact the banks? >> all of them. the european saga is an on going saga. we have seen this before. most of the focus will be on what happens after the close tomorrow. >> what are your top picks going into the results tomorrow? >> top picks for me are probably bank of america and on the down side i think they may disappoint. >> bank of america is top pick going in but on the down side it's what? >> goldman. >> it represents fear already baked in. i think they'll get it right.

we'll see. i wonder if others getting it wrong presents a more systemic threat to the trade than each person looking at individual companies. >> there's certainly some risk of that but one of the things that occurred is firms that have gotten it wrong in the past end upcoming ahead in the year. they continue to raise their game with respect to capital planning. >> you think the u.s. banks will fly through this however how about names waiting for this moment? bank of america action city come to mind. do they have the most bang for their buck if everything goes well? >> well, there's two parts to the question, really. one is do they pass? the other is if they pass will they return all the capitol that people hope it would be a tremendous embarrassment if they

didn't but there's a lot of room for capital. >> thank you. we actually did stats and this is what we found in terms of how banks trade after these results. it's specifically the results that tell the banks how much capitol they can return. 100% of the time they had an average return of 4.85%. wells fargo 3.7% and that was followed by regions financial, bank of america and goldman sachs. >> my view is this. if there's any disappointment, wells fargo is down 2.5% today. i think banks are going to rally. they're going to be anticipating. >> you don't think there's going to be a rally tomorrow? >> i don't think there's a lot built in. we just kind of said that.

to me if you see bank america on a follow through of today's weakness i think it's a buy there. wells fargo is down 2.5% today. it was about to break out a couple of days ago to new multiyear highs. that was a bye and then the fed meeting next week. >> he said there's a qualitative risk to the down side at this point. that has been the reaction in the marketplace right now. they're not trading well. if hi to play something i would look at the household formation chart we talked about nelast we. >> finally there's more lending? >> yeah be but that was q-4. >> go to commercial quick. don't let him embarrass me. >> coming up next is there no relief in sight for macau. slashing gaming estimates for the major casinos.

are there any names worth buying? ahead. later u.s. dollar hit a 12 year high in today's session. we have your best ways to play the soaring green back. that's later on. can data help cure a disease? the right treatment for you is out there. the problem is some of it's in this lab. some of it is in her head. some of it's in this new journal. and the rest of it is in your personal medical history. ibm watson can not only read this data, but understand it. it's trained by doctors. and it's always learning. it can help find hidden correlations

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>> we received the following statement. when train goes on a board our goal is always to work collaboratively with management. i'm encouraged by the board's

reaction to our ideas and managements sense of urgency in achieving significant operating improvement. switching gears, shares coming back off their lows. they're up over 2%. in the after hours trade that's after the company reported first quarters earnings that beat on earnings and revenues. earlier negative stock coming from companies guidance saying that they'll come in below analyst expectations. back to you. >> thank you, kate rogers. karen, that was a name you used to trade. >> yes, awhile ago. we had been short. it worked and we covered. i do believe they're going to be a part of mobile pay everywhere but i don't know how to play the stock break here so i don't have position. not sure what to do. >> it is sell to news day two. this as tim cook met with investors today just one day after the production of the

apple watch. speaking of the watch, according to reuters the newest member of the apple family could be facing a tough road ahead in china. the watch carries a hefty price tag in the country with the cheapest model selling at a little below 3,000 or 479 u.s. dollars. reuters also noting the chinese have yet to grasp on to personal tech the way americans have. >> i think that everybody just needs to calm down on apple. it's so early. we haven't seen what the stock can do. one thing that was interesting was the desire to have a tesla-apple merger. >> why don't you buy tesla. >> that seems bizarre and a terrible idea. i would be quite distressed if they were to do that even approximate they could afford it which they can. i do think the idea of some kind

of collaboration on car play or whatever they -- there's probably a lot of things they can colaborate on. but for the iwatch, it's april 10th i believe. it's a lifetime and i think just to speculate on its already to dismiss it as a flop or not. i think it's premature. >> i have been very bearish about this watch for a long time. i didn't get any more encouraged after yesterday than going into yesterday. obviously he's one of the guys more on the negative side as well. that being said, i think this new refreshed mac books was meaningful and i think that was very powerful because where has their strength been coming from? people forget about this, their pc is not dead. they're selling these books. now thinner, lighter, faster, all the things everybody wants, better battery life, all of that

coming from the mac books. that was the more impressive part of this thing. >> he is rolling his eyes. he disagrees with you. >> when they introduced the cash return in 2012 and they doubled it in 2013 to $100 billion and they have gone through about 100 billion of that. if you were expecting that $200 billion number you're not going to get it. they only have about $30 billion in cash in the u.s. they're going to have to continue to raise debt to fund their buy backs here so that has the potential in the last week of april or so to disappoint investors if you're expecting massive upgrade to that number. >> more bad news for maca uconn assumers. they're all sliding near 2 to 3% on the day. this is the latest firm to slash

it's numbers for 2015 saying gaming revenue will fall 30% this year versus the previous estimate for 13% decline. for some of these these are new 52 week lows. saying some of the dividends -- >> i think stocks are getting oversold. wynn in particular. the stock went up 100% in 2015. it spent last year going down. it continues to go lower here. it's a combination of things. it's adding capacity. it's weak demand. i think the bigger issue right now, i think at some point wynn will be oversold but you want to think about multinationals that have exposure to china. because to me i would say that there's some underlying weakness. our guest in the a block was talking about how poor china is. so i think you have to take something away from the weakness. >> i'm not going to dispute they may be challenged. is it because of a slow down in china or is it more of a case of

the government cracking down on vip junkets and smoking ban coming into effect in the fall. >> it's more to your point. but if you're trying to limit your exposure you go with mgm and the free markets capitalized on this. it's down 6% because it's in the same group but has less of a dependency. sands is down 9%. stay with mgm if you want to place your bets more on vegas here. >> coming up the nasdaq getting hit hard within today's broad based sell off but we'll hear from a venture capitalist that says tech is healthy. details ahead. plus pit boss spotted some major bullish activity in one consumer staple name that's had a rough month. is the tide about to turn? the unusual activity you have to see, ahead. as we head to break, take a look at the s&p 500 heat map. s&p closing at session lows.

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the nasdaq falling today nearly 2%. exactly 15 years since the peak. it comes days after mark cuban

warned investors a bubble bigger than the one in 2000 was effecting private tech companies. he told cnbc there are more than a million apps in the app store. the problem is all of these people are investing in them. they have no chance of getting their money back but they think it's a smart investment because the app they're investing in could be the next twitter. our next guest says cuban is wrong. rick. always good to see you. >> good to see you again. >> why is mark wrong? >> there's a new wave of companies being valued differently than 15 years ago at the height of the bubble with revenues, profitability and you're able to put real erngs multiples on the values. >> so you're an investor in pinterest. what metrics are used to get that valuation and what multiple are we using? >> when you look at any of the companies a lot of them have

come up with very good valuations recently and everybody looking at them are saying how do i look in the future? here's a multiple i could put on that and discounting back that value. >> just because smart investors, all due respect to them are looking at this and coming up up with valuations doesn't mean there's not a bubble forming. so are there valuations from the public market or is this another entity? >> no, it's a public market. you're going to compare a snap chat to a facebook. >> use that multiple. >> here's the margin structure of a facebook. here's how that trades. if you think they'll have a lot of the same dynamics here's how that could look. >> when you think about the companies that just had 40

billion and pinterest at 11 and snap chat at 14. if they were to go public the valuations will be much higher once the public starts piling in and the worry that i have is that money could suck a lot of life out of some of the existing names. when alibaba introduced a $200 billion market cap google went down over 10%. gook fl facebook flat lined. it's not really a valuation bubble. >> supply and demand. >> yes. >> the same thing happened to twitter when facebook went public. especially ipos of that size suck all the oxygen out of the room from a demand side capital markets from some of those companies. so i think you're going to see although q-1 has been one of the slowest quarters for tech you're going to see very large ipos from uber and a lot of these companies and you have to figure out is that going to fall off everybody equally? is that going to suck some of

the market cap off microsoft or sap or legacy company who these companies are taking share from or is that going to come from somewhere else. >> we'll leave it there. >> thank you. >> do you buy into the theory, either of you that you can get investor interest from other shares. >> it could. sometimes they come public with a valuation that's huge but they only sell 15% of the company. only 15% of that market cap is that much. >> it's actually incredible how small they're releasing out to the public when you break it all down. that's one of the biggest issues we often times have is how much are they releasing to us as they're doing this and i think that is an issue. >> your point about facebook and google how it trades post baba ipo, when we get the uber ipo because we will get it. what are you going to say? you know what -- >> i think the issue would be if you see a rush to market by some of the guys and they all start

coming together. if they think the gig is up soon and that would be really bad. look at a facebook that never confirmed the new highs in the s&p and things are going well there. so i do think there's a potential in the second half of a year if you see a rush to market by some bigger names it will suck a lot out of the high valuations names. >> times for pops and drops. we got a dropper, united natural foods down 9%. >> it was a day to announce mediocre earnings. they missed on metrics and earnings. they had some to go in against them. i think it's actually interesting in the long-term because i do believe in health and wellness and they're right in the middle of it. but give it more time. >> united airlines down 2%. >> the whole space had a tough day on a day that oil was down so in some ways they're kind of breaking this reliance on the oil prices on the near term but the stocks have been volatile and this is one where to me i don't like the international exposure. pete is a big fan here obviously.

to me i think the break of 65 from a technical standpoint is dicey here and we could see 60 in the next week or so. >> lumberally inqui liquidators. you have to have a risk strategy in the stock or go in a tiny bit. nobody knows where the end is in the stock. >> it's a march 12th conference call. a big drop for barnes & noble down 10%. >> crappy day but to karen's point earlier, for crappy earnings in this particular case. barnes & nobles numbers well off what was expected. 30 cents off of the points per share. sales starting to wayne as well and the lack of ump. sales down 50%. wow this say company right now i'd say touch off. no hands. >> let's hit some unusual activity. pete is krawatching kraft.

the 62.5 calls is pretty aggressive and a few minutes later going out to swrun and buying the june 67.5 calls this is a name that's pulled off the highs. huge activity today on a negative tape. one you want to keep an eye on. this is a name in the past. when we have seen the unusual activity it bounced back nicely off of it. we'll see if it does it again. >> coming up next on fast money, the strong dollar sengds fear across the market but some sectors had great returns following big dollar moves. we're naming those and some stocks you can buy. speaking of currencies, one omgss tradomg options trader making a bearish bet before the close.

we've got some news on the on going copyright trial involving the blurred lines case. >> a federal jury found that the hit song blurred line did

infringe on marvin gay's got to give it up. that popular 1977 hit. now the jurors awarded $7.4 million to marvin gay's family. they found that the record company and rapper t.i. were not responsible for the copied elements. now robin thicke and pharell both earned more than $5 million for this song. so people will be listening closely and now they will definitely hear that marvin gaye song or elements of it that were copied the jurors found in blurred lines. so certainly going to be a precedent setting case i would expect. >> julia, thank you so much. in case you were wondering out there we were playing blurred lines while she was giving the report so you knew what we were talking about. the dollar soaring 24% in the last year but the ride won't be over any time soon. let's bring in the co-founder. paul always good to see you. >> hey. >> we had a guest on earlier in the show saying that the dollar

would go up another 25% from here. so let's just say that he is right to some degree. the dollar will strengthen. what happens to certain sectors. >> just to be clear what we're looking at here is following a big move in the dollar what is the market and sectors done. so we looked at the stock market performance. this is only the 6th time in history we've seen a 20% year over year move in the dollar index. the last time we've seen a move this big was in 1985. put that in perspective. half of the world's population wasn't arrive so it's a big move. what happens to the stock market next? you look at the s&p 500 over 3, 6, 12 months. it has been positive but not above average returns. so it's descent but not great. what we want to do is po cuss on sector returns over the

following six months. the topper forming sectors have been consumer discretionary. materials and financials. they outperformed and they consistently had positive returns 80% of the time. so four of the last five they have been positive. so it's a small apple size. so look at those sectors we want to find stocks that we currently find attractive in those sectors and in the consumer discretionary sectors it's shake shack's recent ipo. valuation here is nothing to bang the table at. but it's one of these cut food stocks like a chipotle, and panera and consumers are going to higher quality food as the mcdonald's same store sells yesterday illustrated. they're not going back. they want this. we're going to see expansion so you don't get in on these high growth stocks at a cheap price. the second stock, rpm international it's in the

sector. they have 40% international exposure. so it's not just domestic plays we're looking at here but it's attractive within the sector. it's in our dividend model portfolio. they raised their dividend 41 straight years and they have been modeling weakness in europe and the strong tldollar and we' seen strength in europe. >> we have to leave it there. thank you for coming by. >> thank you for having me. >> raymond james. you know how i love the financials. u.s. bank-type stock. i like that sector anyway. >> you're not going to believe this but i'm intrigued by shake shack. >> i know. tremendous growth. with mcdonald's and the trouble they have been having and you wonder if this is a bigger issue and then you think about shake shack and their position. >> the valuation. >> the valuation makes me sick.

>> but you're looking at it. >> i know. >> this is shocking. >> i am shocked. >> it's the kind of thing i buy for my kids and put it away and when it gets to 7 i'll sell it. >> will were massive bets against the euro. dan is at the smart board. >> this happened before the close. there was a buyer of the january 10294 put spread paying almost 200, 200,000 times. that was nearly $40 million in premium and if the etf is down toward that short strike at $49 the trader could make up to $120 million. that's a massive, massive position. i suggest with the thing so oversold possibly it's a hedge but let's go look at the charge right here. this is euro versus the us dollar. we are very oversold here. a lot of traders are betting on

parody. this isolates it over the next 7 to 8 months here out to january expiration. i want to look at the fxe here. this thing started long after the euro currency was trading. it's obviously just falling off a cliff here. it's down about 20% over the last year here and this is a really tough press people. we have a lot of people on the show today saying the dollar is going higher. the euro is going lower and i want to make one other point. the price of options is obviously very elevated here. if you're going to make these sorts of risk plays sometimes it makes sense, especially in an etf where volatility is high but has the potential to go higher on a spike. >> thanks for that. for more options action check out our live show, 5:30 p.m. eastern time on friday. a cfo switch at two chinese internet companies. that story and the trade is next. ok, if you're up there, i could use some help.

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did you just share a listing with me? look at this one. it's got a great view of the lake. it's really nice mom. ♪ your dad would've loved this place. you're not just looking for a house. you're looking for a place for your life to happen.

>> welcome back to fast money. take a look at sina. shares moving higher in the after hours after announcing in it's earnings report that it will swap one of its cfos with a

subsidiary. that will be effective immediately. now weibo, that stock moved lower by 6% on the news of the swap and weibo remains lower. back to you. >> kate rogers, thank you. dan nathan. >> i'm not sure that's a ringing endorsement. it's been cut in half in the last year. so you're going to send your cfo over -- listen, weibo, chat, alibaba owns about 7.5%. stock moved already. chinese internet stocks have gotten nailed. you can look at any number of them but to me there's got to be some value there weibo is one i'd look at. >> coming up on mad money tonight cramers take on today's downturn plus he'll continue his 10th anniversary celebration in the first interview with the new ceo of ford and a surprise guest with big news on one of the biggest raids of the day that has nothing to do with the stock market. all that and much more straight ahead on mad money.

meantime we have your first move tomorrow when we come right back. stay tuned.

>> take a look at the s&p 500 heat map. it's down 1.7% close at the lows of the session. one of the weakest sectors today the financials. that will be the sector to watch tomorrow as the banks find out how much capital they can return to shareholders. time for the final trade. let's go around the horn. >> i said it during the show, instead of having to pick the financial hah does better in it's capital return to investors, pick e. trade. the chart looks great. it's up 13%. i still think it goes higher. >> i'm going to sell your household formation thing: i think they take the home builders out next. >> i bought a little bit. i'm already long the stock and if it comes in more tomorrow i think they're attractive. >> it's not the most exciting sounding name in the world.

>> it can be exciting. >> i think it's exciting because i think the stock is going higher on the call buying. >> i'm melissa lee. thank you for watching. see you back here tomorrow at 5:00 for more fast money. meantime do not missth anniversary celebration. jim starts right now. 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. other people want to make friends. emp on today i want to safe you a little money. my job is not to entertain you but educate you. call me at 1-800-743-cnbc or tweet me @jimcramer. all right. even though we're ringing the bell in the morning, even though it looks like a