pirates. >> but we love chicago more. >> and jay leno tonight, jay leno's garage -- >> you are going to switch to that. >> i'm a multi tasker. >> and she gets on an airline right now. good luck with that. >> that is it for "closing bell." thank you for joining us. >> "fast money" is up next. melissa. >> see you tomorrow. thanks guys. "fast money" does start right now. live from the nasdaq market overlooking time square. i'm melissa lee. pete, karen, and dan here tonight. go proat an all-time low and shark tank's mr. wonderful has choice words on the massive selloff. find out what he said that has investors running scared. and a game-changer for the markets today. and later amazon versus oracle did they make a major move into the cloud. the details on what amazon is billing as the fastest growing business and why investors should be worried.

but first a dash for trash stocks rallying today but for a second straight day, shunning facebook and google and bought energy and materials, like exxon and ge and low quality names like 3-d systems, all of the things that wornt working in 2015. is this the next hot trade going into next year. pete najarian -- >> you mentioned dash for trash. last year we had huge paper, in monaco phillips and then there was a november calls last week and paid a dollar. today they traded $3.45. i do think this is a dash that won't last long. i think there is a lot of vo volt -- volatility. chevron did hit again yesterday. and there is paper and it is short-term. in some cases weekly options and in other cases all the way to

november. so very, very short. but i think it is interesting to see how the energy names are where everybody is running to right now. >> and let's be clear. we don't want to say that general electric is the same as a 3-d system but the stocks were not working for 2015 and investors are desperate for upside going into year end. >> yes. and it was dupont. and two situations with activists involves. people can see value and yield there and there are people on them. but the energy trade this week is interesting. the sentiment was poor. but there is no data point that suggests there is increased demand for oil and the move in the stocks have gone berserk for all intents and purposes. so i don't think you change the xle or the large integrated. and another one to keep an eye on is the biotech. the index flirted with the lows its been making for the last few days it. was up 40% on the year and now 1.5%. i think it is flirting with breaking the recent lows and

you'll see the high valuation stuff follow it in weeks. >> karen, what do you make of the rotation, the move, whatever you call it. >> i think the pendulum swing too far in the other direction. and when you have companies levered in the pendulum swing then things can get crushed and if it comes the other way, you have have what is called bottle rockets. for ge, the industrials caught a big bid. which was a horrible place to be during the summer. so that is a place that something like you or i, i have owned it, it was up $10 in the past week. >> do you believe it? >> it shouldn't have been where it was. so that it is here now, i think it is attractive here but it shouldn't have been where it was there. >> for me, it is a short coming rally in some of the ---y names, the junky names. some of the coal and steel are

rallying. there is no massive demand for the raw materials coming up. so if you are a long-short hedge fund manager and your long names are not working like facebook and your biotech. then you also have to take off your short side. so that creates that type of lift. >> won't chase any of these. i'm still long on oil. i think it is a counter trend rate. there is still a slowing economy. there is not a lot of demand so it is counter trend trade. >> what is your take on industrials. i know you like ge. >> and i've been in ge for a long time. ge is one of the names and you talked about the activists, it is as much about them in terms of gef as least. and they do have energy spras as well. it has the energy component and the activist and i think there is a lot of reasons and the stock has done nothing. could you close your eyes and say where is ge. it is around $25 or $26 a share.

it hasn't done much in a major way. but i think there is nor upside than down side. >> our next guest said to steer clear of the sectors. carter is breaking it down at the smart board. >> i think we heard the word berserk from dan and karen send the pendulum swung the other way and it is titled dash for trash and so let's look at the charts. so i want to start here -- now i'm focusing in on the average. this average is the three sectors that have had the big move off the low. so energy, materials and industrials. again if you market cap weight these. it is less at 7.6%. but these three pieces of market represent 20% of the s&p and up double that of the index itself. that is the bounce. maybe business erk and too far. what we know now is the six,

seven day rally brought us to the down trend line where there is trouble. so we would not change it. in fact, fade it -- too much. now a few relative charts if you will. here is comparative chart of the s&p 500, orange, and i've taken the entire industrial and energy and materials sector and plotted them as though there was one security. and there is a spread here. and there is a play for mean reversion. and for some reason it is happening. here is a two-year and a five-year. the eye says no they have to converge but it depends on where i start the meter. so how about this. if i start back in the early '90s, all we've done now after the run up in the excessive move in energy and industrials because of the china build out and brazil and emerging markets, we've come back to the level of the s&p. so from here going forward after

the huge bounces of 8% and 10%. with you rather bet on the blue line, things like dupont and alcoa and chevron or the orange line which has things like nike and netflix and amazon and starbucks and big bangs. i would take the orange line here and fade this rally in industrial materials energy. >> the flip side to the dash or trash, carter, is the investors were selling winners on the year as a source of funds. what would you buy right now? would it be those stocks? for instance or apple or bioteches? >> sure. it is stocks that were winners that are still winners. we had great winners in biotech that have broken. like apple. but things maintaining up trends like nike, footlocker or under armour, and things that have not gotten too hot, nor have they rolled and seem in orderly uptrends and just that, are

working. >> carter, thank you. dan? >> listen, it is my belief that the conditions that made the left leg of the bull market as strong as it was leading up to earlier this year, no longer exist any more. and i think there was a seat change as far as the u.s. data getting worse. i think the purchasing data outside of the u.s., it just doesn't speak to an improving economy. so if you bought stocks from the friday morning low and we're up 5% in that time period because you're excited about an extension, you're buying stocks for the right reason. so i don't think you buy any of the stocks. >> even the ones with the steady orderly uptrends? >> no. because i think you're going to have a biotech moment. pete you are smiling. you can continue to own them but i believe they are going lower because ultimately this rolling liquidation will find its way to those names. so from facebook to 100 is a great risk ward>> here is whereh

you. at the end of the quarter, and it was liquidation, over sold to karen's point and talking about stocks oversold and far too low and now $10 later they are still cheap. i agree with karen. i think there are names oversold because of liquidation and source of funds that have given great opportunities in the market. >> we have details on glenn corp. >> there is speculations about u.s. banks and how much exposure they have to the troubled commodities company with a wild ride in the stock market over the last week or two. a report out estimates the exposure of the major u.s. banks to glenn core, retaining to the $15 billion credit revolving history. take a look. bank of america, city group, jp morgan and morgan stanley tied at $350 million a piece in regards to exposure. and two banks not on the list are goldman sachs and wells fargo. so that puts numbers, melissa,

on something the market has been worried as a liable in general to it self-and to bank lenders and it self-and this is a theme into bank earnings season as well. >> i would imagine the tally is greater and therefore the exposure could be more squarely on the europe banks. >> sure. and this report estimates that the north america banks, including canada, account for 20% of the revolver which is $15 billion. and they have other debt as well. including letters of credit that they've been open about in the last couple of weeks about they try to reassure the market about how things work and they are in a solid liquidity position because that is a big concern. we don't know about the letters of credit and who provides them and the counterparty risk. derivatives could play a big role here as well and we don't have a ton of clarity on that. but i think we'll gete with regard to bank earnings and

glenn core will issue a production report in a few weeks and perhaps they'll get into more detail at that time. >> thank you on that. >> so tip of the iceberg, in terms of exposure. >> tiny. it is very small amounts. it looks like revolving credit so you don't know if it is drawn or not. and where it is in the capital structure, what kind of collateral they may or may not have against it. but it brings up the larger question is where is all of the energy exposure? and are we going to start to see that. >> right. >> so a rising market and oil could save banks from taking any credit hits but it will be interesting to see where that energy exposure really is. coming up next, the upsetting sign in the market that could spell trouble for the recent rally. what that is. and the bleeding in go prowith the stock hitting an all-time low. and we'll tell you what kevin o'leary said about the camera maker that has the street talking. >> and later institutional investors top ranked oil

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deutsche bank. back to mary thompson at headquarters. >> taking a third quarter charge leading to a multi-million dollar loss in the quarter. and recommending a cut to eliminating the dividend for this fiscal year. all of this part of the -- or the dividend possible cut part of the strategy 2020 which is a long-term plan to cut costs and improve profitability. first to the charms which will total more than $8 billion. through cle litigation provisions which most are not tax deductable so likely government fines. this is a preliminary number and finalized at the company is closer to reporting. there is $6 billion in charges for good will and other intangibles linked to the sell of the retail bank post bank. all of this will result in a $7 billion loss for the germany's largest bank in the third quarter. it is the latest in the string of headlines for the bank.

the ceo stepped down this year and issued with the fed and issues with the financial reporting and being involved in the scandals that have plaqued wall street. down over 4% in the after hours trade. back to you. >> i do want to give props to those on the desk alerting us to deutsche bank because it had as about been rated terribly. and carter mentioned last time or two times ago that there is something going to break or give in the story and here we are. >> and i think carter points it out at about the $26 level. that is support since 2009. when you look at the bank, we talk about a dash for trash, this is a big company that is full of trash. they've got roughly $70 trillion worth of derivatives of exposure. they claim they net off. when things go back. nothing nets off. all correlation goes to one. they have exposure to emerging markets and a lot of areas and

not able to do anything. and the takeaway. one of two things, if we bounce off of 26 you might have a decent trade. if deutsche is having this problem, one of the smaller ones have it. >> and i don't know what people were expecting. they were expecting them to continue to raise capital. 20 was the low back in 2009 at the height of the financial crisis. the thing has been in the dog house for years now. throughout the sovereign debt crisis. to me this is obviously a too big to fail situation for the german government too. so in some ways it's probably not a great try to catch a falling knight sort of situation because we know what happens to equity value when things get out of whack. i don't think you try to buy it on the weakness. >> twitter kicking off the top trades, after a prince upped his take to 5% making him the second largest holder of the company. he owns more than 30 million

twitter shares according to reuters. they first invested $300 million in 2011. beakers. >> if it wasn't up so much, i would have followed the prince into this today. because what they've done with moments is embraced the fact they are the world's largest newsroom. an that is what they're doing. they're making america or the world's home page with moments. it is rough now but any new product takes refining. but now that they've done that, that is the one thing they need to do right and it is a huge thing and so i think you are safe to buy. >> and what concerns me with twitter, the top moment is a paid moment. because i'm gotten moments about the gal app goes islands and how great it is there for three days in a row. >> it is. >> i'm sure it is. but i don't need to see it three times. >> this is a company trying to evolve and bring things out that are fresh but i'm not sure

moments is where it will be. >> a button or things like that. >> there are other ways that are better catalysts. >> but people are complaining about engagement. this won't help grow users right now but will help engage the users that exist right now. and to your point, mel, i love to see they sponsored that. so if we can see increased ebb gagement and revenues ramp, this is what you want to see. i've been in the stock for a while. $35 is a level where everybody wants to own it before it breaks, i think you have a lot of resistance there. so probably in the mid 30s. i look to take some profits or take some off the table. >> rough day for ipos, one takes a hit and the other goes public. let's get to seema in the newsroom. >> the biggest venture backed ipo failed to get investors excited. priced down and closed down 6% on the ferst day which speaks to

a broader trend we've seen in public offerings. most of the companies that have gone public this year are trading well below the ipo price. now concerns over conditions in emerging markets and volatility resulted in digital cell to pull the ipo off the table for now. listen in. >> we're very happy that we pulled the ipo. and we'll come back to the market in time and when the market indications are right for our business. >> now according to renaissance capital, 26 companies have withdrawn ipo plans as of september 30th compared with the 30 companies last year. and will we see an improvement in conditions and will it impact future listings. payment processing company first data looking to raise $3 billion and albertson's both slated to go public next week. >> seema, thank you.

>> and some companies are going public are staying private. >> but it is different than peer storage. >> it is a different company. >> albertson's would be the polar opposite. just food at the supermarket. >> right. but this is a whole notion about market conditions. >> it is market conditions. and we talk about is there a bubble in silicon valley and unicorns and stuff like that. this is a dent toward the vc business model. you won't see money thrown into it if there is not an exit strategy. it is the first sign of something like that. if you can't go public, tough to get out. >> or are the markets settling down and we had the pressure going into the end of quarter and the liquidations that occurred, spiked the volatility back to the mid-20s. and now here we are closing under 19 in the volatility index and we were above 30 in september. >> this is in quite a time. >> today it is under 19.

we're talking about volatility to 30, to 20 and 25 and below 20 again. and when you look at volatility breaking down like that, i'm not sure if we want to overread what happened last week into the coming ipo. >> it is more than one. it is multiple ipos. >> it is emerging markets and all kinds of factors coming in. >> it is commodities type of plays. >> still ahead, it is what team amazon is billing as the fastest growing business and could spell trouble for oracle. john has more coming up. you're watching cnbc, the first in business worldwide. in the meantime, this is what is coming up next. >> go pro. and now mr. wonderful is throwing salt in the wounds. what has go proinvestors running even faster for the exits. plus the age old question. >> to be or not to be.

>> no, not that question. should you put your money into stocks or bonds? black rock's bond guru will make the call when "fast" returns.

. cash is the only thing that

matters in investors. take the go pro name. never returned capital back or a dividend and now down 70% from the high. that is the kind of stock i don't touch. >> that was kevin o'leary, aka mr. wonderful on the show saying would not touch go pro which fell 4% hitting an all time slow. and morgan stanley slashes the price on this saying it is a hard sell because of the price point. >> i don't think you avoid a story like go pro because they are not returning cash. that doesn't make a whole heck of a lot of sense. but i'll tell you this, the stock has a two handle on it. ipo price was $24. it trades at 1.7 times sales. if you believe in this category and what is going on, very soon it is something you want to touch and don't want to pay a dividend and returning capital to shareholders. so to me at some point i think you'll have an opportunity, and

probably the mid-20s very soon. >> and there is a difference of style in investment is what we're talking about, what kevin o'leary is saying, versus what the buys -- >> you could say i'm a dividend investor and deep value and it wouldn't come up on your radar screen. >> would you buy it? >> no. >> but i did like go pro at one point. and dan said something that was intelligent, that is unusual. it is a story stock. and they don't work in this market environment. >> coming up next, pretty intelligent, actually. top ranked oil analysts gives us the top two oil names to buy right now. and the question everyone wants to know. where should you put your money right now. in stocks or bonds. finally the answer to that question with one of black rock's top strategist. mornings. wonderful, crazy mornings.

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welcome back to "fast money." a dow managing to close up triple-digits. and now on track for the biggest weekly gain since february. and nasdaq ended high with health care and materials and energy leading the way. in the second half, stocks versus bonds. why it could be a bad sign that bonds can't keep up.

and rough run for shares of disney and it could get worse ahead of the earnings report. but first today, amazon launched a cloud service that could cause trouble for oracle. john is live with that story. hi, john. >> hi, melissa. the most compelling story line is amazon versus oracle. the two major announcement that amazon has made are both shots across the bow of that data base giant. the first one is called snow ball. and amazon sends theent prize a box that sucks the data out of your old data base system and you put it on the a fedex truck and it goes to the cloud. this is doubling down on a strategy that amazon has it for a couple of years now with other products that laid the groundwork for this. i talked to andy jassy who is the head of cloud for amazon. here is what he had to say about the investment in data base.

take a listen. >> two of the fastest growing services, the two fastest in the history of aws is amazon red shift, which the warehouse and aurora which we started last year to reinvent and both of the databases are performance as the old guard commercial grade data bases but a tenth of the cost. and the adoption of the traction in those services is astounding. our aurora service, the data base service, is only generally available for a few months now. >> now when he said old guard, he means oracle. and they hate that because they are trying to make a big push into cloud. the second product that i didn't mention that is new on data base for them is called quick site. this is business intelligence which is another term for analytics. letting people look at the data they have in the data base and

make decisions based on that. that is an applications layer type of product that going on top of data base, on top of ware. so this is the first serious push into the application space. i asked and ji jassy what the scope of the ambitions are in the enterprise space and he wants to own it all. so expect to hear a response from oracle and i'll be in san francisco for that. but is game on for amazon and the entire enterprise space. >> and the customers, is it a frenemy situation, but the customer doesn't have to move off of oracle and also use the cloud services under the new offering, correct? >> oh, correct. and nobody is saying it is all going to happen overnight. but we're hearing from amazon and just heard from oracle on the last earnings call that the migration to cloud is happening faster than they expected. oracle is arguing they have the

cloud offerings already and that is growing quickly for them. but with amazon trying to suck that data out of oracle's data base, they trying to make sure they benefit more than oracle does and we'll see how customers decide to go. >> john, thank you. out in las vegas for us. for every single company that says cloud is there growth area and it is a tough area. this is exactly why it is a tough area. >> because everybody is there. and microsoft. you talk about a major competitor. but uws, $11.8 billion last quarter. this is a monster market and you see the profit there and you can see where there is oracle and microsoft and now aws. >> i find it hard to get my mind around that a dollar of retch lost at oracle for a commodity is worth 20 times more. that doesn't make sense to me. i don't know the answer to that. >> moving on to facebook.

ceo mark zuckerburg speaking about virtual reality at the vanity fair summit in san francisco. take a listen. >> every ten or 15 years there is a new major platform that comes along. i think virtual reality is going to do that and the oculus folks are just the best folks that are year as head of everyone else in terms of building this. >> vr. we talked about that yesterday. >> yeah, we did. if you justify owning facebook and trading at 13 times sale and if vr is your thing, i'll go back and look at the past cycle. you might want to buy intel because you thought the smartphone was going to be a huge player. and i'm not that is how you justify owning a stock like facebook. it is a big industry, but i don't -- >> but what it is today, absent va.

>> and impressive company. and their advertise is incredible. so to dan points, it is not a now story, this is into the future story and this builds upon something they have grown. >> but you think there is a now business to invest in. >> i think absolutely for facebook. >> taking a dive today after crude is at a record high still oil has rallied 30% and stocks have gone along for the ride. is it too late to get in. dave is with us. congratulations. >> thank you. >> it is great to have you with us. what is the base case scenario for you in terms of the picks and the price of oil. where do you see oil this year and next year. what kind of ramp are you expecting in. >> sure. so hi, everybody. and first of all, we do think that brent has bottomed. we think that opec policy are working. supply and demand are on

divergent paths and not only is there a meaningful inventory in 2014 and 15 probably run its course, we think that inventory will start to decline in the second half of 2016 in a pretty significant way. so we think that we are in a methodical recovery in the price of oil. and we have brent by 2015 and we think we'll head to $75 per barrel by 2016. so we are not heading to a big head wind. >> and every stock would rally if oil reached those levels. how do you decide which is the top pick. do you go after what is hit the hardest. how do you separate the winners and the losers here? >> well, quite frankly, if in fact, all prices are in recovery phase, the areas most levers which is exploration and oil production would do well.

after having said that, my category, the big integrated oil companies are offering valuations on an absolute basis or relative to the market or in 30 years. so my top idea is conico phillips. and they offer a 6% dividend yield and with hess, they are both levered to higher oil prices and have strong competitive positions but could get better if we see acquisitions during the turn down which we consider to be likely. so we consider both names to be good ideas and buys at both levels. >> hi. this is brian kelly. and this is all relying on oil going much, much higher but everyone i have said to around $55 level, the pumps an the rigs get turned back on. how do you account for that in your analysis. >> well, sir, you do have account for it. but it is clear to us that

prices at 50 to $55 per barrel is what opec saw when they deelected not to defend price in december -- or november of last year. it will take higher prices to slow down the growth and demand and to speed up growth and supply. and it will take my industry a while to slow down and pick back up and there will be lag effects and we think supply will decline in 2016. >> doug. we'll leave it there. thank you for your time and congratulations again for being named number one in the integrated oil space. >> he looked happy. i don't know what he looked like, but he looks happy today. >> one of the top picks was what we named at the top of the show. >> conoco and others are hitting with youth activity so it makes sense to me. i wonder if it is fast and quick. we've seen this happen so quickly since last wednesday where the names were. i think you back off. >> you think the name should never have been there in the first place, then it is fine,

right? >> well if you have a really long-term perspective, i think -- i do think exxon, conoco and chevron are steel right now. >> i'm long on counter trade. >> when you take that counter trade off -- >> in the next week or so. but you're looking at a bust similar to what happened to nasdaq in 99, 2,000. why would anybody think we're going back to new highs again. >> don't. >> one market is sitting out the rally and could me trouble. the black rock chief strategist will weigh in. and jay leno is back with jay leno's garage and the traders are naming the stocks they would like to take for a spin. much more "fast money" still ahead.

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the rest is up to you. call now, request your free decision guide and start gathering the information you need to help you keep rolling with confidence. go long™. ♪ stocks or bonds? in 2015 neither have been great options. both asset classes are flat in 2015. so if this is a race, like a contest between a turtle and a snail and the turtle being stocks and the snail being bonds. now the turtle is winning as of late. so do bet on him or will the snail make a comeback. so many metaphors here. black rock chief analyst, for

fixes income. so are you going to say fixed income. >> i should say fixed income. when you ask the question, it is about what are you fearing in terms of the downside of the stocks versus rising interest rate. and we are firms in the mixed income because of what the ferd warned of. and this week we're having a little bit of a rally. but from the bond side, it has take and way the fear of a very soon and potentially fearful move by the fed. and that is really going to cap how big an increase we're see in interest rate and if any of the down side risks shows up, it will mean more interest rates. so we're more inclined to bonds in terms of interest rate risk. >> just until the fed decides to hike or is this the way you should allocate? >> i think when she shed global

and international developments it has changed the narrative. that the domestic considerations are less and we know the evolution there. saw disappointment with regard to that in terms of payroll last week. but meaning the market, the direction of interest rate and the direction of stocks as well is focused on what are we learning about what is going on in the global and international very manies. what is going on with regard to china and growth and importantly what is going on with regards to capital flows and outflows. all of those risks that were sort of front and center in august and september, they haven't gone away. they have been on holiday or vacation for a week but they haven't gone away. >> so in your portfolio, you have interest rate and credit risk which is moving. talk about where we are in the cycle of credit risk. >> the credit risk side is as big and important as the ten-year outlook. investors have exposure to credit risk because they need income. and the way you see that is

through exposure to emerging market and high yield bonds and bank loans. all of these have more sensitivity to credit risk. and we've been more defensively positioned on that because of the concern about where the credit risks are going and where are we with regard to the credit cycle. it is a cycle of defaults increasing and decreasing and they have been low but mostly the risk is in the materials, the commodities space and volatility in the equities side in glenn core and the bond side, petrobras on the bond side, the petroleum company of brazil. these are major changes to the outlook in credit. these dropped 20 points in the month of september. they have recovered from the decline this is last week, but it is a new narrative for credit risk. we've been taking credit risk down for some time. >> jeff. good to see you. jeff rosenberg from black rock. so if we enter a phase where it

is more dangerous for credit risk and people are in these issues, are you afraid of being the last out of the door. >>? yes. i would use the rally in the higher yield an the emerging market bonds to take off the risk and take off my positions. because not only do you have credit risk, meaning the company could go bankrupt, but you have liquidity risk. and that hasn't gone away and jeff talked about that in the past. all of the bids disappear so you can get a dislocation in the markets and you can't get out of the door. so on any rally, you take profits. >> what he was saying about u.s. treasuries, it is still a safe haven asset and that is where i'm predisposed to be long here. >> on treasuries. >> and let's get to seema with more details. >> dow jones is reporting that sony is exploring the sale of the music publishing unit. it is looking to sell its half

of atv music publishing and co-owned by the michael jackson estate and including the beetles, rolling stones and even taylor swift. a price has not been set. you can see shares unchanged on the day. melissa. >> thank you, seema. coming up, two months away from the new star wars movie but it might not be enough for disney shareholders. we'll explain in a special "options action." and a sneak pekin side of jay leno's garage ahead of his primetime comeback. that is coming up. you're watching cnbc, first in business worldwide. can it tell the doctor how long you have to wear this thing? ♪ can it tell the flight attendant to please not wake me this time? ♪ the answer is yes, it can. so, the question your customers are really asking is,

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cnbc prime kicks into overdrive with the premier of jay leno's garage. he is talking everything cars with serious star power. take a look. >> right now we're going to see a muscle car buddy of mine, another guy that grew up in the middle of the muscle carrara. he grew up in detroit. let's go check out his stuff. [ honking ] >> he likes to sleep a lot.

hey, tim. how are you? >> what? >> i said, can you hear it. can we come and take a look at your staff. >> i should have had my staff come down and open the door but i don't have a staff. >> you don't have a staff. >> that is right. >> all of the years we've known each other, you've been in my shop. this is the first time i'm here. >> you are working. >> yeah, i'm retired. >> got a job. >> catch the premier tonight at 10:00 p.m. eastern and pacific here on cnbc. now in honor of the premier of the garage, we asked traders to pick one stock they want to take for a spin. let's kick it off with dan. >> i'm going to break the rules again. i'm looking at the etf and puts on the spy. >> really? >> you want to garage this car and put it in the trash heap. >> you want to take spy put short data for a spin. >> i can't top that, really.

one that has gotten killed in the retail space is coor's. that is actually stabilized. kohl's sorry. kohl's. it is ridiculously cheap, i don't own it but that is one i would take a spin. >> wow! b.k. >> it is a name that dan will admonition me for in 60 seconds. and here is why. short-term trading, be concerned about risk reward. tading up. 102. 102.50 is the stock and you get a roughly three to run risk reward. >> stick with it. don't get rid of it. >> you are saying don't listen to dan. >> right. well dan is going to be wrong. but my little test drive is in the slv. and the reason is everybody is talking about gold. when is the last time we heard anybody talking about silver in any way, shape or form. you haven't.

i think in the short-term, it has gone from 13.90 to over 15 and i think we'll see 17. >> slv. >> let's change gears and see what dan says about disney. some traders are predicting more pain for the stock. so dan, what do you see? >> that was today. options volume, put volume was two times that of calls. and the most active -- the most active option on the day was the november 1, '00 put 600 traded hand at 1700 were bought for $2.19 when the stock was 104.35. that caught my eye. and mel, this is a stock that was up 30%, early august. it went down 9% in one trading day after they gave that guidance here. and if you want to look at the chart. we have the 50-day crossing below the 200 today. the stock is struggling. trying to find a home here somewhere in the 102-105 range. not been able to bust out of

105. so this trader may be looking out to the november 5th earnings and event and looking for protection at a support level. i want to make one point, this is implied volatility of disney options. you saw a massive spike from a low level when the stock was near the highs on the earnings event into the august 24th lows where the stock traded down to $90 here. so option prices are not particularly that high if you think that the stock is poised for movement, either from a broad market move or for the earnings event. and this is the 15-year chart of disney people. so remember what you are buying. you may be waking up for the force awakening but you might look at the december 18th movie and you think it is a catalyst. >> all right. so dan is saying that you -- >> no. >> i tell you what, i think my short-term trade works and the reason why is because we have the earnings coming up. if you have people getting long puts here, they are less likely

to get out of it before the earnings here. so you get pop. >> check out "options action" on friday. coming up, the traders will tell you what they are watching for tomorrow. stay tuned. here at td ameritrade, they work hard. wow, that was random. random? no it's all about understanding patterns like the mail guy at 3:12 every day or jerry, getting dumped every third tuesday. this happens every third tuesday. we have pattern recognition technology on any chart, plus over 300 customizable studies to help you anticipate potential price movement. there's no way to predict that. for all the confidence you need. td ameritrade. you got this.

we all know that directv's better at this whole tv thing. so, to beat them, we're gonna get bigger. we're gonna merge with cableworld. (exec 1) cableworld? i can't stand those guys. (exec 2) they're the worst. (exec 3) they're totally incompetent. (exec 4) that company stinks and i mean they smell.

i used to work there. i had to breathe through my mouth the whole time. (cole) shh, shh, shh, they're here. (newhart) this is gonna be fun, firing everyone. (vo) get rid of cable and switch to directv. call 1-800-directv. we've gotpeptocopter! ummy town. ♪ when cold cuts give your belly thunder, pink relief is the first responder, so you can be a business boy wonder! ♪ fix stomach trouble fast with pepto. ♪ ♪ (charge music) you wouldn't hire an organist without hearing them first. charge! so why would you invest without checking brokercheck? check your broker with brokercheck.

and finally fast but certainly not least, want to know why the bears are in retreat. it is not the fed. it is not earnings. it is this little guy. meet a french bulldog that attacks a pair of bears and served up a poignant metaphor about fear, greed and the market. go jewels. time for the final trade. around the horn. pete najarian. >> there are names in the health care space that are getting hammerings. i'm liking allergan. upside call buying in there. i bought into some of the calls in november. giddy-up. >> p.k. >> i'm watching kre which is the regional bank etf. and the reason why, they could roll over and watch out for the market. >> karen? >> i like anthem which is the old well point. i thought it is caught up in the

biotech down draft and not expensive here at 13 times earnings. >> and dan. >> go pro. i'm considering a long here in the 20s. let's see. >> i'm melissa lee. thanks for watching. see you back herewatching. see you tomorrow at 5:00. "mad money" starts right now. mission is simple. to take you money. i'm here to level the playing field for all investors. there's always a bull market somewhere. and i must help you find it. "mad money" starts now. hey, i'm cramer. welcome to mad america. welcome to cramerica. i want to teach and coach you. so call me or tweet me gently @jimcramer. are we banking too much on a turn from bear to bulln