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tv   Fast Money  CNBC  December 23, 2015 5:00pm-6:01pm EST

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song? >> a day in the life. >> elon, mike, thank you for joining us on "closing bell." "fast money" begins in a few moments. melissa lee was is on tap. >> the top council on bill de blasio on why they want to block the cable vision. we start right now. overlooking times square, i'm melissa lee. your traders are tim, steve, ari wald and guy adami. nike reversing course and closing near the dead lows. could this spell trouble for the rally. plus is your portfolio down on the year? relax, because we have four stocks that history says will rally between now and january 1st. we'll tell you what they are and why they could have you back in the black. and later, one dow stock is up nearly 30% on the year and showing signs of an even bigger break-out to come. the one name that could be the stock to own in 2016.
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but first we start off with a market that seems like it won't quick. the dow surging for three straight days. materials and energy leading the way. rallying 3% and 4% in today's session. is this a rally you want to buy or fade. guy? >> some you want to fade. no question about it. freeport macmaran, the movement over the last week. nothing has changed whatsoever. other than the fact the stock is up 20%. caterpillar will be up 7.5% to 8%. nothing has changed there. and on the flip side, goldman sachs. but the names beaten up for a reason over the last year that has rallied in the high teens in three or four days you absolutely fade. >> why does goldman sachs get a reprieve when others don't. and i think in the case of the commodities guys, look at copper. spot copper is up 5%. quietly over the last month. in fact, all kmcommodities, ex oil, are up. and you have to break out the
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suede vest and burn the yule log. >> that looks psych the source of chipolte's problem. >> they want you to burn the suede vest. >> wpix, will be watching me and the yule log for the next 30 hours. copper is up, freeport is getting reprieve. commodities players are getting a look and the aussie dollar tells you about a base here. >> we talked last night about the trashier names in the stock market gaining and ripping the ones that have made the most of the three-day rally here. so would you fall in the camp of that is a good sign, the rally is broadening or is it dash or trash. >> it would be a good thing if it continues. it has the smell of a rally today. >> that is tim's vest. >> the best year back to 1928. the first days of the new year, 1.8 average gain. so it looks like it can continue. s&p 500, a lot the resistance at 2100. i don't think if we get past
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there, i think you fade it and sell the weaker trends. >> so you fade. >> any rally that led on energy and materials has to be treated at suspect as this point. but the large integrated names, energy, thinking about tim's vest again, chevron, exxon, mobile, that is a safer way to play but i think energy and the market is going lower as well. >> i want to show you the stocks that gained the most. wynn is another one that was interesting. it was up for the week 9% on three sessions. is this -- is this a dash or trash or one you want to buy because macau might show signs of improving or stabilizing. >> of those stocks, goldman is the most controversial. but i look at wynn, we talked about less bad in terms of stabilization in terms of macau, but if you believe it is catching a wind, you want to go with wynn. and chevron, and we'll talk
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about it in a second. i'll leave it for that sector. >> are you buying something today or the past three days. >> no. i've added to my disney position because i believe that will rebound. i'm a big fan of buying the guys that are winners. my laggard is bank of america and the financials. with tim on wynn, down 53%, that the one you catch the bait in. las vegas down 23%. but play is safe with casinos, mgm is the way to avoid the macau variable. >> and a big rally, crude oil rallying for the sixth straight date, since december 9th. hell emma croft is here with three possible scenarios which is the most bullish, and bashish and the likeliest. it is great to have you with us. >> thank you for having me. >> let's start off positive. the most bullish here. >> you think about the 60s for
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next year. wti. but a year ago that would have seen bearish. and i think it is hard to get beyond that on a sustainable basis in 2016. >> so worst case scenario for oil. >> 30s for 2016. i think it will be -- >> that is not too bad considering people out there are saying 20. >> i think it could be hard to stay in the 20s. but if you are thinking about a mid-30s average for wti, the low 40s, i think that is a bearish scenario. our base case is the middle range. 52 is our wti call for next year. 55 for brent. >> that is terribly bullish. if you expect 45% from the base case which tells me what i think people are thinking about the entire space in terms of the equities. >> the thing is how much more oil can you add? we look at this market and say iraq was up 700,000 barrels year-over-year, could iraq replicate that next year? probably not. who else is putting additional barrels on the market other than
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iraq. at 1.7 million barrels year on year. there is probably 1.1 or 1.2 so we should see a recovery in the back half of the year. >> in crude. which would imply we'll see prices higher than 52 for part of the year. >> trending toward the end of the year. q4 is where you want to look for wti to take off. that is when we'll have the stock draw. is what we anticipate. >> on the demand side, where do you see the greatest increase for demand. i'm trying to figure out how reliable -- if you could bank on that coming back. >> if you look at this year, people are talking about demand being a problem. we've had the highest level of demand in five years. demand is not a problem. 1.7 million barrels of demand growth. it is price elastic. the question is can you replicate that number. which markets are on fire for demand? india. we are looking at that. and again, if you are down from this year, that is still very
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good. this year's demand was outstanding. and the problem of this market is oversupply and that will get us out of the situation. >> so in the race toward the back half of the year having a higher price than 52 to get the average for the year, are we going to see bankruptcies in the shale players for instance? >> i think you will see a combination of capitulation. u.s. production will come down. we have u.s. production coming down by 300,000 barrels year-over-year. and we are watching what are the russian numbers looking like. if you asked in 2015 is russia going to be up or down 700,000. most would say sanctions and ailing fails. i think the post soviet high has caught the market off guard. can they replicate that next year? we think they will be down. but if they are up, we'll have to take our forecast now. >> thank you for joining us. what does the chart look like for crude. >> i think it is a return to 80s
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or 90? >> 1980s? >> looking for crude. i guess it is like wow. i think you are sideways at best. i think the long-term trend is down. we are at a secular price and down to low prices. $32. that is an important support level if we are carving out a base. i don't see the upside. a lot of resistance at the 50 day moving average at 41. if you get a 40 print, that is good. >> 52 would be fantastic for the shale players. talk about dash or trash, a whiting, carriso, today, double-digit percent gains. >> and look at hallie burten and slumber jay up. and i think the valuation is too high. and if you want to be in the space, you have to be in the refiners. >> i think russia has to continue to produce. the economy depends on that. and i think iraq replications an iran continues to produce. saudis continue to produce. and everyone that is looking at
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oil now should think about 20s, think about even the teens. because at 110, no one thought it would trade at 80. no one thought it would trade at 65. >> teens for oil? >> and the top is now probably 50, 55. >> we have breaking news. to dom chu in the newsroom. >> a latest in cyber attacks. affecting one of the largest hotels. hyatt hotels which has told customers in an announcement it has identified mal-ware, malicious software on computer systems geared toward processing customer payments. so think credit card transactions. the company said the investigation is ongoing and updates will be posted to their website. they have taken steps to increase the seek of systems. as always they warn customers to review credit card accounts and statements and report any unauthorized charges to cards immediately. the fraud card rules apply. but hyatt hotels the target of mal-ware possibly gathering sensitive client data. this applies to at least the
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computer processing systems that do payments. so something to keep an eye on. back over to you. >> thank you, dom chu. important information to know as americans are hitting the road and traveling here. the cyber stocks for the most part, and there are a few standouts, have not done well. the cyber breaches have continued to ramp. >> and so those are the cases where you have question the line of business model and the too free cash flow and how they could conceive. the palo alto are the places that you look and they have the more established institutional model and where they've seen the most growth and places i wouldn't get too far from. it is about valuation at these names. the headlines have people concerned. it is not a reason to buy the stock tomorrow. the first down year since 2008 and google did something that could spell more trouble for next year. what that is and what it means for america's most valuable stock. watch out amazon. because one stock is making major strides in online retail.
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we'll reveil the name that could pose a threat to amazon going forward. rur down on the year. some stocks are poised to see big returns. the names that could save your portfolio when "fast money" returns. announcer: it's time to make room
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welcome back to "fast money." nike, the worst performing stock on the dow today. and that kicks off the top trade. shares closing 2% after hitting an all-time high earlier in the session. a big reversal, gee. what do you make. >> a big reversal. they traded five or six times normal value. 27 million shares or so. and all-time high, closed on a low. and that is not a good thing. and especially on a day like today. but i think it is more function of people taking profits in nike and putting it into the names we were just talking about eight or nine minutes ago. so i'm going to give them a pass. i still think you have to own nike. i get the valuation. people think it is stretched. but i think their growth and the numbers they put up yesterday justify the valuation they have. >> great long-term trend behind it. it still looks fine looking at longer term. but guy hit it on the head. classic sell signal, opening up at a high and closing below the
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prior few days. you have to sell it here. i think it goes down to 117 and trades lower over the next few weeks. >> everybody in the street came out today and i heard two different brokers and a handful of others being almost as emphatic and this is the most overriding bullish long. and it comes to the fact this company gave you 20% growth. if you look at third quarter futures, they are telling you they will go 20%. more than 17% last quarter if you take out the currency head wind. this is extraordinary. it is trading at 39 times and that is what everybody is talking about. and it is upgrading, when guy likes to point out, massive volume. i'm long the stock. this isn't a reason to sell it but i think the bar is very, very high. >> everyone has been wrong on this stock because every time you bet against it it breaks against the resistance but be smart about the trade. so the 50 day moving average, you wait until it gets above that and use that as a shortstop. u.a., up 20%.
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it looked terrible on this name. >> finish line, it got an upgrade from green today. trading at 11 times forward versus nike's 30 times forward. >> karen finerman has been talking about that for a while. it got an upgrade at bank of america, merrill lynch, so for half of the valuation you could own a stock -- >> that is totally different. >> it is totally different. but at half the valuation, you have to admit it is somewhat compelling. >> i do. >> but i understand china is not a picture for that. >> and the other thing that jumps out is the dtc, direct to consumer is low. they will soon not need dick's or finish line or all of the players that i think they have fed them their biggest customer. next up, google becoming the latest player to enter the message war. it is building a messaging app to take on rivals facebook and apple. should they be concerned, grasso? >> i'm not sure i understand the messaging app they are talking about. for me, they have never had a
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real good social strategy. i thi i think anything to do to search things is a win for them. the stock is up 34% year-to-date. you never bet against google. but i don't think facebook and apple should be worried about that. i think all three makes sense. >> so let's turn the question around. is it a good thing for google. they don't have a good social strategy so maybe just by moving the needle just a little bit that could be meaningful for them and not a threat to a facebook or apple. >> messaging is a $250 billion annual business and a place where they want to compete. it is a place where people are concerned. this is a company, why they love the alphabet spinoff or focus is because you could leave all of this other garage aside. i think people get worried about hearing this and they should not be going into this business. >> on a would you rather? >> i love this game. ari might want to play. he's never played before. >> something to do with my vest, i assume. >> would you rather, no vest or
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no vest. no, that is not the question. let's make grasso spit out his water. which chart do you like better, ari. >> that is google hands down. we think it continues to lead the market. the best performing sector in january. google is breaking out. we think it leads higher. apple, on the other hand, that has been broken for a few months now. if you get a pop in apple, you could play the short side. >> on the fundamental side? >> is that crushed velvet? >> it is interesting, because i know you were looking -- i know guy was looking at chess king for the same vest, weren't you. but suede, baby. >> is that burlap? >> i think it is inaugalhyde. >> it is a lot of people wishing on a star. >> what does that mean. >> another day, another record for the force awakens. but disney shares have fallen
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since the release and you won't believe how low one trader sees the stock going in the next few weeks. i'm melissa lee on "fast money," on cnbc. first in business worldwide. here is what else is coming up on "fast." >> that sums up your investments. but fear not, we have three stocks that could save your portfolio into year end. we're naming names. plus -- >> tell the truth. >> that is what hall of fame quarterback warren moon said the nfl needs to do when it comes to taking care of tens of thousands of former players. he'll be here to explain what it is that has him so upset when "fast money" returns. the future belongs to the fast. and to help you accelerate, we've created a new company... one totally focused on what's next for your business. the true partnership where people,technology and ideas push everyone forward. accelerating innovation.
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welcome back to "fast money." move over amazon because there is a slew of other retails dominating the season. mary is here at the nasdaq with us today. >> the data is showing that the traditional retails are having increasing success embracing that omni channel model that so many of them need to embrace in order to survive. whether it be through a mobile app, better management of inventories, competitive pricing
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or something called click and collect where you order online and pick it up in store. they are showing impressive year-over-year sales growth for the holiday season. see at what slice data or intelligence found. costco having success in year-over-year sales growth for the holiday season. up 29%. it has been expanding online inventory and that has helped that company. kohl's has also been improving the online experience. in particular, it is having success with the click and control programs, target two benefits from the programs and free shipping as well. nordstrom is investing heavily in digital. a 16.5% year-over-year increase and home depot which is slowing down the opening of brick and mortar stores to focus on online. the holiday sales up over 15%. now when it comes to market share, though, amazon continues to be a leader. and while it may be hindered by the large numbers, the year-over-year holiday sales
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growth is still impressive 10% plus. but the market share, 41.8% of online sales and that is up from last year at 41.3%. so take a look at where the other retailers we showed you, where they stand as far as market share goes. not one of them has more than 3% of online sales. suggesting, of course, there is a lot of room for growth for these stocks. that is the upside. but when you look at the stock price, the only one showing gains this year are home depot as well as costco. others not too impressed with their online efforts. back to you. >> mary thompson, thanks so much. merry christmas to you. >> you too. >> and so should amazon shareholders be concerned. and ari is looking at the chart. >> long-term holders, there is nothing to do. stick with it. momentum strategies only work if you let your winners run. amazon is a winner, stick with it.
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near term traders, i think you get better opportunities and put it on your buy list. here are the levels to watch. first thing, stock is having problem with $680. have a double top there. i think we are due for a little bit of a breather. we've seen this throughout the year. sideways for a number of months earlier on. once again, middle of the year. and in the third quarter as well. i think we're due for that. here is where we look to buy it. a lot of levels converge at $600. first thing, this orange line, that is the minimum retracement level. that is the healthy bull market convection. and converging there, your 100 day moving average, and i think you get pullback, around $600 a lot of buyers looking to purchase these shares. >> so grasso, you've been a lover of amazon. levels concerning here. >> there is a lot of being said. you could own more than one stock. it checks the box for retail and tech. there is a lot of things this covers for your portfolio. but when you say the stock is up
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113% and everybody is going crazy saying should you buy it. and keep it on a shortstop. i would use the 642 moving average. and costco is up 17%. maybe you ride that one if you have a stomach and not one that is up 13. >> and you see some break away from the pack. even a coach, or gap or macy's, these are names that continue despite struggling. and are in a place where they are seeing ground share loss to the same group of stocks. the online sales is something i don't think macy's and gap are really competing with. so right now i say the jury is still out. it doesn't matter about the valuation. they get cheaper. >> where did you buy that vest? >> i think maybe lord taylor. might have had my haberdasher buy this for me. >> she's going, she didn't even
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care about my answer. the whole time she was thinking about how i'm going to ask him where he got the vest. move on. oh, yeah. >> the last two quarters, it is hard to have a straight face with him. >> because it is flammable. >> it is funny. first of all, i have to ask you is do they make that shirt in your size? >> time-out. we have to go. >> and then the next thing is are men wearing that tie? >> apparently so. >> that is just -- >> coming up, the three stocks that could save your portfolio heading into year end. and the woman leading the charge in new york city to block jim dolan's able vision deal. she is here on set. here she is. she'll tell us what it is about the deal that has new york city so up in arms when "fast money" returns. yeah, a little. you're making money now, are you investing? well, i've been doing some research. let me introduce you to our broker. how much does he charge?
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i don't know. okay. uh, do you get your fees back if you're not happy? (dad laughs) wow, you're laughing. that's not the way the world works. well, the world's changing. are you asking enough questions about the way your wealth is managed? wealth management, at charles schwab.
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welcome back to "fast money." a another big day of stocks
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rallying. the s&p 500 surging more than 1% and the dow closed up more than 180 points. here is what is coming up in the second half of "fast money." new york city officials are sounding the alarm on the cable vision tie-up. the woman leading the charge against the deal and will tell us why it could be bad for you, the consumer. plus the new movie "concussi "concussion" has warren moon lashing out at the nfl. you won't believe the hall of famer has to say in a exclusive "fast money" interview. but forget the last second shopping day. how about last trading. only 4.5 drtrading days in the year. dom has the details. >> if history is any guide. our colleagues at cnbc pro looked at the stocks that may provide a year end slight pop if history has anything to do with it. if you look at the winning trades here, cnbc pro used ken show, a tool used by hedge funds
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to go through historical data and checked out for the last week of the year, since 2000, which stocks have performed well. macy's is a beaten-down retailer. it has been chronicled the trials and tribulations this year. but it has gained quite a bit here. and perk and elmer one of the stocks as well. so there are a handful of names that do do well at least over the last 15 or so years with regard to the last week of december. and everyone is looking for the stocks that have been oversold, beaten down a little bit that may be due for a pop short-term. that is part of the story. our friends at cnbc have the full story up on cnbc.com. i want to toss it back to you and tim's vest, because i haven't figured out whether you guys have figured out what the vest is made of yet. >> it is funny, dom, because i'm seeing you tonight and i think this vest and that do would go very well together. >> let's keep this going,
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everybody. >> bring on your best lines. let's go. >> you'll be here all week. i know, guys. >> thank you, dom. we'll check out that story on cnbc. let's trade some of the names. ari, do any names standout? >> perk and elmer. strong industry. marked $55 on the chart there. that is key resistance. good long-term head into it. i think you bet the breakout there. >> what do you think? >> i couldn't hear over tim's vest. if you look at halliburton and the merger, and if it happens, you want to be a buyer. if you it doesn't, you want to be a buyer of slumber jay slb, down 6% year-to-date. and that is what will happen. >> and hope by the end of the show, your vest has its own twitter handle. >> i think we've talked the
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twitter-sphere into that. >> and new york city officials are toying with the idea of blocking a $10 billion deal between cable vision and altice citing quality of service. mia wyllie is the lead legal counsel to mayor bill de blasio. it is great to have you here in house. >> it is great to be here. >> you hear about federal regulations trying to block a deal and not a city. and on what grounds and what are you hoping to accomplish. >> the city hasn't taken a position on the deal. that is very important. essentially the alarm that we have sounded is that we need more information about the si s synergies in the deal because at the end of the day the commitment of the mayor is asking for the services through the franchising authority so our contractors are doing what they are supposed to do and we are advocating in front of the state that the public interest is being served in the deal.
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and as we know, broadband, cable, television access is incredibly important to our residents as it's to the business. >> you have met with altice officials and their argument seems to be there is going to be $900 million in sinls and they are going to -- synergies and they could use that money to invest in infrastructure. and you are concerned there wouldn't be investment in making internet speed better and more reliable. >> at the end of the day we are encouraged by the fact they have promises fiber to the home. but the question is can they prove they could execute on that promise. at the end of the day, we have to ensure that our franchisers could do what they have committed to the city they will do. we need more information. we need more transparency in order for us to make a decision on whether we would approve or disapprove the transaction. >> when are you going to decide and what more do you need to know in order to decide. >> the categories are straightforward.
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we need to understand how this impacts consumers and their ability to deliver the services that they are committed to delivering to consumers. their ability to do that -- if $900 million in synergy is a lot of money, they are telling us they will do us through efficiencies and tell us how that won't reduce the quality of service to our residents. and on the public interest side, of course, it is critically important that we understand what the job picture looks like. these franchises are very important to our economy. jobs are important to our economy. we want them to be successful. we want them to be successful as an economy power. we get $200 million in frees on our franchises so we are invested in their success so we need to see the proof they could achieve. >> if the city is in favor of blocking the deal, has it ever happened with a city was able to actually block a deal like this? >> well, our goal, at the end of the day, is the success of our franchisees. that is always our goal. and we won't ensure their
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success to the detriment of our residents. that is not the role of our government. we need to get the information we need and have the conversations we need to have and see if they could give us the insurances. to the extent they can't, see if we could make changes to ensure us they can. at the end of the day we are perfectly willing to recommend to the public body that will make the decision, the federal -- see you got me now, the franchise concession review committee, we'll make a recommendation to them about whether we think it should be approved or disapproved. it has not happened. it is not our goal that it happens. and we will do it if we have no choice to meet the needs of our residents. >> mia wyllie, top legal counsel to mayor bill de blasio. >> every point she brings up is a valid point. jp morgan said they expect the deal to close. the synergies close to a billion dollars and they expect that happen and the deal to close in mid 2016. they upgraded stott -- the
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stock. but cable vision. expensive at 40 times forward earnings. so you have to wonder, what is priced in. good news, someone just bought a million sharz. but the valuation is rich. >> would rather own comcast. >> what has happened to altice. >> the spread is interesting. if you listen to alt he's, they are saying they think they will get the deal with the negotiation with the city and with everything mia is saying, these are concerns. broadband speeds and customer service and employment levels, it makes sense the city is concerned about this. the new movie concussion is the talk and warren moon is lashing out at the nfl. you will not believe what he has to say and le tell us in a interview. and disney "star wars" is smashing records so why do investors continue to dump the stock. we'll tell you what it is about the dow component that has investors heading to the dark
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>> that was from the new movie "concussi "concussion" opening on christmas day talking about the safety of nfl players. what the league is doing to better protect them. kate? >> they are crowd sourcing in an attempt to tacking theishure of -- tackle the issue of concussions. the nfl has ip vested $65 million over four years, awarding entrepreneurs cash to bring their ideas to market. they have received 500 entries from different countries and narrowed it down. they are trying to solve the big concussion issue. the company based out of university of washington thinks the key is in the helmet. >> today's helmets have the hard outer layer and some padding underneath. we have a multi layer solution. the outer layers work to deform and slow the impact forces an the inner layers provide improved fit and comfort.
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>> for others like vibe onic based in dearborn, michigan, the focus is on turf. they are aiming to create safer films, adding an extra layer to impact. >> it is a technology that we've been developing. and actually started in automotive. the product has used on 65% of the vehicles for head impact protection and we're taking that technology and applying it to certainly synthetic turf and sports under layment and military for impact and blast protection for our soldiers and war fighters. >> after a billion dollars concussion settlement last year and more than 150 concussions this year already it is clearly an issue not going away any time soon for the nfl. back over to you. >> kate rodgers, thank you very much. and despite technology and rule changes, our next guest says more nfl players are entitled to compensation. joining us is warren moon. great to have you with us. >> thanks for having me on. happy holiday to you. >> happy holidays to you as
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well. the billion dollars settlement sounds like it is a lot of money. with a lot of players. you say this falls short. why? >> well, there is probably 20,000 retired players that might be compensating for them and those players need to get legal representation so they know what the procedure is to make sure they get compensated for any injuries they have right now or injuries that might come about later on in life. so a billion dollars seems like a lot of money. it is in appeal right now. they are asking for more and hopefully it does get increased so there is more money available for the players who might be suffering from head injuries throughout their playing days. so i'm just out there making sure and bring ago wearness to the retired -- bring ago wearness to the retired players that there is a process to get this compensation and if they don't go through it in the timely period, they will miss out on the compensation opportunity. so we've developed a website called for the players.com and
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if you go to the website you'll find out the information to get the compensation from the settlement once it is -- the appeal is final. >> you've had a legendary career, warren. how concerned are you about long-term affects to your health? >> it is something i worry about. or think about it every day. and you worry about it when you have short-term memory loss or things like that. because i did have six concussions while i played the game. and even though i don't have any symptoms right now that i know of, who knows that will happen down the road. i know go players that have taken their lives, dave durson or junior seau, i was on the board of his faund found -- foundation or other guys suffering from alzheimer's and als and some have passed away. so all of the different levels will get some type of compensation for the players but they have to make sure they know the protocol in order to get
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this compensation and that is why i'm making all of the players aware. because most guys think maybe they will get a check in the mail or if they didn't have a concussion, they don't even qualify for this. but all of those are false reasons. they need to understand what this is all about. and they need to get legal representation to help them with that. >> how would you characterize the nfl in all of this and how -- how reactive they have been and concerned they have been for former players and former players' health. if you had to choose one or two words. >> there is no question they did stick their head in the sand for a lot of years. but you have to look at what they've done over the last ten years of trying to make the game safer. they are taking away the big hits as far as using the helmet. the game is being taught right. and players are being penalized when they don't play within the rules and the equipment is much better. so i think all of the things that the nfl is trying to make the game much safer to play in, no question about it. but we still have a generation or a couple of generations of guys out there that are suffering from those type of
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injuries so we need to take care of those guys. >> warren, thank you for joining us. we do appreciate. it keep up the good work. >> thank you very much. >> warren moon joining us here on an exclusive here on "fast money." this is a real issue. >> it is a real issue. and the nfl, it the not about credibility and a safety issue which makes you wonder if you'll see the athletes continue to play football. it is difficult to see how they could change. the technology we led into this piece is unbelievable. and the awareness is a important thing. and warren is doing a fantastic job of telling people. guys that could get help, and there is help for them, how to get it. >> the popularity has never been greater, the sport of football. and one is the one thing that could derail it? it is this issue right here. because fewer and fewer parents are allowing their children to play the game and you wonder about the viability. not now or ten years from now, but in the long run. >> coming up on "fast money,"
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the festivous. and shares are down 7% and why some traders see more trouble for the media giant disney. you're watching "fast money" on cnbc. we're first in business worldwide. but in the long run.
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happy festivous. >> what is it? >> it is nothing. it is a stupid holiday my father invent invented. it doesn't exist. >> the tradition of festivous begins with the airing of grievances. i have a lot of problems with you people. now, you're going to hear about it. >> that is right. it is christmas eve -- eve. or festivous as many seinfeld fans call it. it aims at the commercial aspects of christmas and instead celebrate with an undecorated aluminum pole. but the airing of grievances, got us thinking what stocks do these guys want to air grievances about. tim? >> i can't give the best jerry stiller imitation here but i'll tell you, yahoo belongs in there. if you think of this year, amazon tookoff. facebook went crazy and extended
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to what yahoo should have been doing for years. google has taken the next steps in terms of search. the core part of the business should be outperforming. the sum of the parts that goes on and on, way undervalued. they have done nothing. management is very much responsible. this is a frustrating stock. i stay in the name, but it is really ridiculous. >> grasso? >> it is twitter for me. it is down 36, 37% year-to-date. i still hold a 27% in the name. it should be the instagram or the youtube. they just can't fire or click on it. so hopefully the year to come is a better year for them? >> ari? >> citi group. i found the break out at $55 in may. a lot of long-term potential in this chart if it can break out. but fool me once, i already -- i'm under water. >> gee? >> i have a number of grievances
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tonight. >> that is too easy. that is a layup. >> keep it low hanging. keep it on the road, buddy. >> with that said, i was a believer in nick woodman and go-pro and his vision to become from a hardware company to a content company. and i bought in hook, line and sinker. and a couple of quarters ago they crushed it. but ever since then it is grim death. so my major grievance is with go-pro, their vision for the future and the performance of the stock which is nothing short of disgusting. we have breaking news here. let's get to dom chu in the newsroom. >> daily fantasy sports. another state has joined in the illegal gambling. the illinois attorney general issuing an opinion saying they believe it constituted illegal gambling under illinois law. they expect fan duel and draft
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kings to include illinois as an additional state whose residents are not eligible to participate in the contests unless and until the general assembly passes laws exempting daily fantasy sports. so illinois the latest state where the top law enforcement official, the illinois attorney general, has said daily fantasy sports are illegal gambling under the state law. we'll bring you more details. and that is what we have right now. and melissa, as always, comcast, nbc universal are investors in fan duel. back over to you guys. >> dom chu, thank you. and there are plenty of investors in the sites here. and you have wonder, we were talking about unicorns and highly valued private companies getting hair cuts. this is one example of an area that everybody thought was the next unicorn and here we are and they are facing challenges. >> and i will say nbc universal has a big investment in sports and something i'm very active in and very popular and lucrative but i think the regulatory environment, i'm not one for more regulation but this is stuff that i think had to be
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regulated. there was rules of the game that were being made up daily and i think it is a good thing. >> yeah, a lot of the casinos were going to get involved in something like this. but it happened before they got a chance to put their toes in the pool, so to speak. this is something that was supposed to be the next greatest thing and it caught people off guard. >> disney shares have gotten crushed since the release of "star wars" and some traders see more pain for the stock. mike kuo is in option with more "options action." >> disney saw two times the average daily put volume and the largest trade is a buyer of the january 8th weekly. 108 put spread, spending over a dollar and targeting the recent lows around $100. >> how does the disney chart look? >> the trend is changing. that failed attempt at $120, that was the first time the stock put in what resembled a double top since the run began.
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so i think the trend is from up to sideways but the low end is $98, which markets the september low. >> quick, would you rather? tim's vest? >> mike kuo's jacket. >> mike kuo's anything. >> it is out there. >> that is a hasn't some. look at the nice blue he has going on. >> i don't need to go after mike. he looks great tonight. it is not about mike. >> thanks, mike. merry christmas. the final trade is up next. >> merry christmas. i'm here at the td ameritrade trader offices. ahh... steve, other than making me move stuff, what are you working on? let me show you. okay. our thinkorswim trading platform aggregates all the options data you need in one place that lets you visualize that information for any options series. okay, cool. hang on a second. you can even see the anticipated range of a stock expecting earnings. impressive... what's up, tim? for all the confidence you need. td ameritrade.
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>> you know you've arrived when this happens. yes, tim's vest has its own twitter account. follow him and get the latest fashion tips and trends in men's wear. he also talks about investing. time for the final trade. tim seymour. >> thank you, ralph lawrence. merry christmas. >> apple, limited down side, i think it is up from here. >> delta, flirting at the break out of 51. great long-term chart, buy it. >> gee?
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>> merry christmas, everybody. tim, semantic will get you done. >> thank you, ari wald for joining us tonight. i'm melissa lee. we'll see you back here on monday 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. i promise to try 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 some money. my job is not just to entertain but to on the job kate. call me at 1-800-743-cnbc or tweet me @jimcramer. they are over. underperforming stocks have now raised all the cash they need to

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