we have earnings, and we hear from janet yellen. >> i think she'll try to massage this message a little bit. >> 50% remain, that was one of the latest votes out of the uk. sally, thanks for joining us. that does it for "closing bell." "fast money" starts now. "fast money" starts right now. live from the nasdaq market site overlooking times square, i'm melissa lee. the traders are tim, karen, dan and guy. tonight on fast, gold did something highly unusual today and it could spell big gains ahead for the shiny metal. dennis gartman is here on the premises to explain. plus, confused about what to do with your money in the crazy market? we've got the one group of stocks that has crushed the s&p 500 in both good times and bad. we'll tell you what it is and why it could be the ultimate safety trade. later, top market watcher raul paul said forget about brexit, there are even bigger problems having right now in europe. it could be calamity for your

portfolio. but first we start off with the news alert out of london on the impending brexit vote. the latest polls show an increase in the stay movement. wilfred is on the ground with the latest. >> melissa, thank you very much. this poll out in the last 15 minutes or so for orb, and the daily telegraph newspaper. it puts the stay vote on 53, the leave vote on 46. so a seven-point lead on the poll that comes out today for stay. this same poll last carried out on june the 13th was on 48 to stay, to 49 leave. so leave had been ahead on this poll. it's a net reversal of eight points. quite a significant shift in fortunes between the two camps, stay very much in the lead now. that is a poll of those who consider themselves certain to vote. it's not quite as pronounced when all voters are included, remain is stable on .

the intention to vote, the rise in turnout has been expected for remain over the last week. traditionally we argued the leave would most likely vote within this portion of voters to remain. it shows a significant fall in the number of undecided voters, and those undecided voters seem to be going towards remain. that poll coming out today. the last time it was done, june the 18th. >> wilfred, thank you for that. the latest poll results out of britain. this confirms the momentum we saw from the poll on sunday which showed increasing number of people in the remain camp. so the question here is, given today's market action, we had first initial fierce rally higher. then it sort of fizzled a little

bit at the end. is it a sell news event here? >> it appears to be. i said last week, and i think tinl agrees, cooler heads will prevail. raoul will talk about it later. there are serious issues throughout europe. to answer your question specifically, it wasn't that robust a rally. i mean, open basically around the highs, gave it another 5 to 7 points on the upside in the s&p and gave half of it back. i'm not that encouraged by it. if that's the best it can do, and if something were to happen on thursday to the contrary, one has to wonder what happens to the down side. one thing, i'll say this, though, the s&p, i don't believe the market gives you this long of period to sell the highs. i still think we take a run at 2135. closing below 25 in the s&p, i totally would reevaluate everything. >> on the sharp rally we saw in the british pound today, the pound is not moving in the afterhours session based on the

latest poll results. >> i think there's a little more brexit fears to be, i guess dissipated over the next day. but i think by the time we get there, which is wednesday night, thursday morning, i think it will be a buy/sell news type of thing. last week was pretty messy. so i think there's still some repair there. but i agree, i think we end up going higher. >> i don't think we've even really begun to unwind the rally, i should say, that should happen from european stocks. if you look what happened to the dax, it was up 3.5%. it outperformed by almost 300 basis points. think about where eu stocks have been over the last six to eight weeks, i continues to be a trade that you're not going to fade it. i think european stocks, of course, there are a handful of other reasons they're under pressure. but no question this has been -- if you believe guy, and maybe one of our guests who's going to be on the show, which is either way you've established a

precedent for which there's going to be votes around the european union, but what about gregsit? ultimately this is a place where markets want to figure out to stay or don't. i think if you want to play european stocks, you still have scope to ride this trade. i don't think it's even that binary. dan's about to tell me the s&p is toppy here and should be selling off. >> i didn't say anything about the s&p. >> well, it's definitely been one of your harping points. >> what i would say is, the only thing you have to watch right now, if you think mr.'s brexit in your stocks, just watch the european banks. just watch them. they're up 10% from thursday's lows. to me, i think you have an opportunity to sell these things. if you have a couple-day rally, oh, yeah, because listen, i get it. i think there's a lot of people who thought there would be some sort of anarchy, if the lead vote won. we knew it would take years for this thing to play out. it wasn't like anything would happen. i think it's more of a function of growth in europe, a function

of yield in europe. i think these stocks are sells on rallies. >> some could argue that the european bank move lower was never predicated on brexit. >> sounds like you're arguing to be long european banks, if you just think it's about the earnings profile. i wouldn't agree. >> the take last week was they got oversold. they were making multi-year lows. we saw them below the lehman lows. you have the rally now. i think they're in a massive downturn. they're way, way oversold on a long-term basis. when you have an oversold rally like this, it gives you an opportunity to sell or take some profits. >> but you don't think the european banks are at risk of completely caving in. i think they're less profitable, there's a lot of problems in their business model. >> how bad were the u.s. banks today? jpmorgan closed up 15 cents.

>> but they didn't -- >> they haven't been trading well for the last couple of weeks. my point is just watch the banks. >> my concern with the european banks in the winter was, they were somehow associated with crude oil, right? but then crude oil doubled in price, from 25 to 50 effectively. now deutsche bank within the last week or so made a 52-week low. clearly crude wasn't the problem. then the question begs to ask, what is it? brexit? i never thought that was the problem. there's something more in that. brian kelly will talk about the de require tiffs book, i think that might be something. there's clearly -- for myself -- clearly something amiss with the european banks over the last year or so. >> what do we think happens on thursday? do you think there's more room higher for the european stocks right now, even with the massive rally? >> i think the deflation trades which were very well intransit

before this would continue to work. the dollar will continue to weaken. it's a range trade. look what happens in the yields in the periphery today. if you're spain or italy, you'll have your own referendum vote to sell off. anyway, the dollar gets weaker. that will support oil, support commodities and industrials. that's the part of the -- the part of the market that has the most room to continue to run. >> listen, i think it sets up similarly last summer. a lot of the issues we have right now, the dollar was selling off. we have a lot of the similar things going on here. i think that the fact of the matter is, we don't have the oomph to break out. i think that they get rejected there. the shvolatility shocks are to e down side. >> i ask this, because could we be setting up possibly for a scenario on thursday where if there's a remain, but if they

exit, it's also a news event. >> i think you can make a pretty compelling argument that what you're saying is absolutely true. if you look at it, that's still about a 2 1/2-year downtrend going back to 2014. that has not been broken to the upside yet. i do think it breaks out above 28. we're not close to that yet. and quickly, we talk about brexit, i'm not on the fed, but they made reference to the external forces that they're concerned with. right now, if that's off the table, we're all saying in some capacity it might be, then some of these external forces -- >> the rate increase? >> the point today, they don't have any -- when do they run out of excuses not to hike? >> agree. agree. it doesn't push it back. >> right. >> the same as pulling forward. >> gold and the bond market appear to be painting a different picture. gold and treasuries continued to rally, though bonds gave back a little bit of their gains.

dennis gartman joins us here on set. who do you believe? >> i think you should believe the gold market. i think the fact that the gold market held fairly well today, it had every reason to be broken dramatically. when i got into the office this morning at 1:00, i expected to see 1275 given, 1278 was given in the spot, gold closed at 1289. gold is not a stupid market. gold is a very bright market. it closed well above the lows, almost on the highs, very impressive. >> does it tell us that brexit is very much still on the table? or does it tell us that maybe gold's moved higher, predicated not on brexit but other factors? >> i think there are other factors that are incumbent. clearly the british referendum had something to do with it. however, the fact that nothing carried through was impressive. there's clearly other things going on. the monetary authorities, whether it's the germans, japanese, or us, continue to expand reserves. i think that's what's driving the gold market more than

anything else. >> the few folks playing at home, he's talking about 1:00 in the morning. a lot of people think you're hanging out playing golf. 1:00 a.m. >> you can play golf at 1:00 a.m. >> putting at night. >> that's a different show. but quickly, crude oil and gold, both linked commodities. i would say crude oil is a true commodity, gold is not. >> i think crude oil is driven more by fundamentals, gold is driven by psychology. fundamentals drive the crude oil market, supply, demand, contango, whether the iranians are or not increasing the supply of crude to the market. what the saudis are doing. far more fundamentally driven market. natural gas maybe even more fundamentally driven than the crude oil. crude oil is a far truer commodity. >> stick with gold, how much higher does gold go? >> you won't like my answer.

higher. that's the best in 40 years of being here is the best guess. >> look at the long-term chart, it looks like it's still in a downtrend. to me it looks like a blip. >> if you look at gold -- think of gold as being a currency, look at gold predicated in yen, a four-year bull market. in euros, it's a two and a half-year bull market. if you look only at gold in dollar terms, it's only a six-month bull market. i think of gold as being a currency, one to be crossed against the other. it's a four-year bull market. that's a lot of people have missed that fact. >> dennis, good to see you in person. >> always good to be seen. >> dennis gartman of the gartman letter. i know you're long gold. >> i'd rather listen to the

fundamentals than what dennis is saying. he talking about oil and supply and demand factors that really have actually changed dramatically. i think gold's also going higher. whether it's truly -- >> brexit will remain? >> gold is going higher for different reasons. underinvestment in gold mining and a lot of projects that have been scrapped. >> supply and demand reasons, i think we might agree. i started, when it really became clear to me, is with the japanese going to negative interest ratsd. now you're talking about $30 trillion -- excuse me, $11 trillion now in negative yield bonds. that's a big number. in my opinion, only will get bigger. leads to gold. >> be sure to join etf live tomorrow. dennis gartman and a number of other luminaries will dive into the market and much more. coming up, another smash hit for the mouse house. shares of disney lagged with competitors this year. why is the market hating on the stock?

we've got a simple explanation. plus, why we follow raoul pal. he said europe is heading for the gutter, no matter what happens with the brexit. he tells us with what has him so worried. and the safety trade beating the market in good times and bad. that group of stocks that could insulate your portfolio from anything. that's next on fast. olay luminous illuminates skin with pearl optics science. your concert style might show your age, your skin never will.

with olay you age less, so you're ageless. olay. ageless.

♪ no, you're not ♪ yogonna watch it! ♪tch it! ♪ ♪ we can't let you download on the goooooo! ♪ ♪ you'll just have to miss it! ♪ yeah, you'll just have to miss it! ♪ ♪ we can't let you download... uh, no thanks. i have x1 from xfinity so... don't fall for directv. xfinity lets you download your shows from anywhere.

i used to like that song. breaking news out of london. wilfred has the latest. >> thanks very much, melissa. we're getting comments from george soros writing in an op-ed piece due to be published in "the guardian" newspaper tomorrow. he said the value of the pound would fall precipitously in the brexit. they crashed out in 1992 of the mechanisms. people likely to take note and listen. he says, the pound could fall by at least 15% and possibly more than 20% from present level of $1.46 to below $1.15. clearly a much bigger market move than people have expected. so far, the pound year-to-date

has dipped briefly below the $1.40 a level a couple of times when brexit fears have been al their peak. certainly not reached the levels he's suggesting, possibly even $1.15. he also sends a message to voters. after that 1992 fall i mentioned in the pound, it was actually seen by some as a good thing for the economy. he said not likely to be the case this time. he cites the fact that the uk will likely have large capital outflows and interest rates followed in 1992, not where the interest rates are at the moment. he said brexit would make some people very rich if they call those votes correctly. but many considerably poorer. so a message that if brat tan did vote, it could hurt and it would also see a very sharp fall in the pound. much more so than i think markets have priced in thus far. >> we understand that soros had

gold. we wonder in this piece if he expressed the fact that maybe he is playing for this decline in the pound of up to 20%. >> no. i don't think he's -- he didn't specify in the article how he's playing this. it was to warn investors not to vote for exit, because the pound would fall sharply. and the pound falling that sharply would be bad for the economy. he wants to make that clear. he says before the vote. so that people are aware of that. he's in fact trying to usual people to not vote for leaving. about ten days ago, a week ago, we heard much more briefly that he thought a vote to leave would be bad for the economy. though that wasn't his base case expectation. this is really highlighting if we do get a leave, it could be worse than people expect. but that's not necessarily the base case scenario. >> wilfred, thanks so much, joining us from london with the comments from bob soros that will be published later on.

that would imply a big decline also in the euro. >> yeah, it would. i think first of all, the fact that soros is back in with his cautionary tale is something everyone should be listening to. whether that means -- what i hear from that statement is that this isn't a binary event. it's more the negative thing. the good news is that if they don't leave, things are going to be okay. either way, i'm playing things that are very defensive. the bad news is, you want to be positioned to the down side. that is not my view. ultimately it is a case, i think part of the reason why this won't happen, even though i don't think it's wise for any investor to make a binary call on will they/won't they. own positions that will trade well in either regard. >> there's a disconnect here somewhere. if he's right and $1.15 is the number, there's either a very big disconnect with that, $1.15, or the vote is as close as it is now. unless you think the pound goes

to, i don't know, something much, much higher if they vote to stay. but i don't think that's the case. i don't know, disaster insurance? i don't know if there's pound disaster insurance. i hope i don't need it. >> i think what tim is alluding to, look at the element that wants to leave vote. look what happened with the member of parliament. look at what's going on with the terrorist incidents, refugee crisis. europe is in a really, really tough spot. as guy was saying, there's no real growth there. and the central bank there is really hell-bent on debasing that currency. so we're not much off of those lows from last year in the euro. i say no matter what, it's probably going back there once we get by next week. >> you don't have to agree to george soros, but you have to listen to him. 20-something years ago when he made the first call, he proved to be a visionary. right? but now if he's not talking about the things that you want to hear, you can't allow yourself to discount him because

he doesn't suit your dog ma. i'm not suggesting anybody here is doing that. you don't have to agree with him, but you absolutely have to listen to what he's saying. facebook shareholders meeting wrapping up moments ago. what could be the next pig growth driver for the giant. here's what else is coming up on fast. >> coming up, widely followed market pundit raoul pal said the situation in europe could have dire consequences for your money. confused about the market? there's one group of stocks that have surged in good times and bad. and here's a hint. >> if you want to get loaded, why don't you just order a shot. >> we'll do more than that, tom. we'll give you the names that are crushing the market, when "fast money" returns. we call it dark data. 80% is invisible to most businesses.

the ibm cloud has tools that can help see dark data and put it to work. hello, my name is watson. working with watson in the ibm cloud, we can help an energy company predict pipeline corrosion. and help a start-up to use social data to predict market trends. now businesses can get more out of their data. that's what the ibm cloud is built for.

my m...about my toothpasteice. she eveand mouthwash.ice... now businesses can get more out of their data. but she's a dentist so...i kind of have to listen. she said "jen, go pro with crest pro-health advanced." advance to healthier gums... ...and stronger teeth from day one. using crest toothpaste and mouthwash makes my... ...whole mouth feel awesome. and my teeth are stronger too. crest-pro health advanced... ...is superior to colgate total... ...in these 5 areas dentists check. this check up? so good. go pro with crest pro-health advanced. mom's right...again!

welcome back to "fast money." investors are on the hunt for safety this week as a potential brexit could send shock waves through the market. fear not, because carter is over at the smart board with charts that is sure to get wall street buzzing. >> i'm looking at one of the most p offensive things in the world which is alcohol consumption. s&p, blue line, going back to the peak of the prior bull market versus consumer staples, the ultimate yield trade, or safety trade. we've got effectively a double. meaning this part of the whole outperforming the whole by almost two times. i'm going to add another line. this is a global alcoholic beverage index. it has everybody in.

about three dozen names. you've got yet another double. green line doubling the orange, orange doubling the blue. let's put in one more. we've got a double again. this is consolation brands. if you look at all consumer staple stocks in the s&p 500, this is the best performing except for one, and to my eye it looks like it's just steady as she goes, more to come. here's the chart. going back over the past two to three years. you can draw the lines any way you want. the lines in a way draw themselves. we're very much in the ascending channel. i think it's a place to be, almost no matter what, if you will, is coming with the market. stz, a favorite. >> no matter what, that's quite an endorsement from cbw. guy? >> you know the way i feel about carter -- >> i don't know. you have kind words for rich ross. maybe you might not --

>> carter is -- he is the zenith. >> there you go. >> we talked about it last week, we had don who said stocks get whacked on the back of brexit. i still think valuation is reasonable. look at the way the stock has traded. go back and look at the quarter, a month or so ago. i think, like carter just said, i think holson coors is a buy. >> the stock was beaten silly on brexit stuff. rallied back a little bit. i think you can stay in that stock. i look at the rest of the spirits space. the consolation brand rallied. anheuser-busch takeovers have made divestitures come their way. brown foreman i think is the name. >> you get the little brexit hedge, based in the uk.

we get a headache like brexit, i think it will be good for juan. >> you just hurt rich ross's feelings. >> no, i -- >> you guys can't be the zenith. >> i used pinnacle, i think. zenith trumps pinnacle. >> coming up, a market watcher said no matter the brexit vote, europe is heading into the toilet. raoul pal will be here to explain. the next big growth engine for facebook, we'll hear what it is later this hour. much more "fast money" right after this.

& in a world held back by compromise, businesses need the agility to do one thing & another. only at&t has the network, people, and partners to help companies be... local & global. open & secure. because no one knows & like at&t.

♪ no, you're not ♪ yogonna watch it! ♪tch it! ♪ ♪ we can't let you download on the goooooo! ♪ ♪ you'll just have to miss it! ♪ yeah, you'll just have to miss it! ♪ ♪ we can't let you download... uh, no thanks. i have x1 from xfinity so... don't fall for directv. xfinity lets you download your shows from anywhere.

i used to like that song. welcome back to "fast money." fast starting off the week in the green, although closing well below the session highs. the dow gained 130 points. here's haes coming up in the second half of "fast money." mark zuckerberg just moments ago.

looking for a way to beat the market? it may be as simple as liking your job. the upcoming referendum on whether to quit the european union, jackie looks how a potential brexit could cause chaos for the whole financial system. >> good evening to you, melissa. it appears brexit fears have backed off for a moment, but that doesn't mean there won't be more volatility this week. large futures clearinghouses, these are the companies that process and finance trade. signs last week they're raising margin requirements on gold, s&p futures, the british pound and the euro. what this means is that traders will have to post more money against their trades. now, margin requirements isn't all that surprising. but what traders tell me is interesting is the timing of the move. it's not that margin requirements haven't been raised before, but preemptive strikes ahead of an event is definitely more rare. stone, fxcm and 4-x.com.

dramatic moves in the asset classes that i talked about, as of late. look at gold particularly. because it's being traded as a safe haven. last week gold hit a high of 1318. we haven't seen that level since august of 2014. even today, as the market seems a little calmer, gold did sell off, but marginally, hovering under 1300. many of the people i've spoken to about this say that it's never over until it's actually over, and even if the brexit vote ends up being a nonevent, until that decision comes down, the market's going to be on edge. >> thanks so much, jackie. i guess that makes the stakes a little bit higher if they are increasing margin, that much more to actually place a bet on a directional move in the currency markets, for instance. >> the currency markets are also the most liquid markets in the world. so to the extent that volatility should be a little lower, we talked about it multiple times, the pound moved 2.2%, it's a three sigma day. that never happens, people. that's not necessarily good

news. so to say that you can feel like today, we know what's going on around the event. i think the volatility and vix levels will stay very elevated today. closing above the 200 was important today. >> whether the brexit goes through or not, our next guest said europe might be about to unravel. he did predict the surge in the dollar in last summer's stock moves. raoul pal runs global macro advisory publication. great to have you with us. >> thank you, melissa. >> if you were still a hedge fund manager back in the day, would you still be putting a price on the brexit? >> really, i think the key is to see what happens after this. understand that there was a long process that goes on after this whole thing goes through. the key thing is whatever happens, it's going to be close to 50/50 between the fifth largest country in the world deciding to leave europe or remain in europe. that's a big sea change in what's happening within europe

itself. >> there's not a lot of thought about what happens after. but if it is very close, does that signal to you that perhaps the uncertainty politically surrounding the european union and sanctity of the european union could still be in question because other countries could then put forth perhaps their own referendum? or maybe this will empower some of the anger, you know, the angry citizens of great britain to actually sort of go on and make ripples within the government? >> yeah. i think that's absolutely right. it sets a precedent, even if i think they remain. but who really knows. either way, what it means is, that for the greeks, or somebody else, they know that they're very close to a country moving its way out of the euro. if the uk votes to remain, that shows a good clear vote of confidence in the europe. >> it sounds like no matter what

the outcome, if it is a close vote, there will be increased volatility in europe, and perhaps dampened growth. >> yeah. i absolutely believe that. i think the euro is showing that today, how it traded. you know, at first the dollar looked like it was going to be particularly weak today. but in the end, the euro went unchanged on the day. the european situation is not as good as we talked about. the banks, it's a really concerning issue beneath the surface of europe. >> you put out an update simply on the brexit vote, 16-page update, you made clear you didn't want to say either way what's going to happen. but that these charts, they're all sort of at critical juncture points. which charts are you most concerned about at this point? >> well, the things that had changed, such as the bond market, i've been on the show that the bonds are going to rally and the tlt will do well.

that's something that's happening. so something's changing in the u.s. economy. and globally. and then we got very close to breaking down on wednesday in the euro stocks, and some of the european stock market. many of the european banks have been trading terribly. the euro looks like it's very close to -- the euro could fall significantly. we've got lots of things at a key level. the biggest level of all is probably the pound, at about 140 against the dollar. if that level were to break, that's a huge sea change. a 30-year low in the pound. there's lots to keep an eye on. it's not time to go to the beach and not look at the markets. >> is it time to put on positions? the last time you were on the short, you said you were short the s&p 500. and the bond market is reaching a critical level. do you put on new trades? >> the bond trade is really well. it continues to do well.

it's about where it was where we started that. i'm really keen short the euro again. i'll wait for the brexit vote, see what happens after that. maybe use some of the volatility to express that view. and i think that potentially i'll be interested in shorting the european stock market. i want to see how they trade post-votes to get a good entry level. >> raoul, thanks for phoning in. good to hear from you. so interesting. it's more important what happens after the vote in the days after the vote as to what will happen with the markets. >> i think that's sort of the way we led the show. it's not so much what's going to happen with the vote, the fact that it's as close as it is, i think that's what gives them such concern. there's clearly unrest there. and again, the european banks, why have they traded as poorly as they have. i don't know what the answer is. i thought it was crude. it's not crude. i thought it was commodities in general, it's not. there's something else going on. but i can't put my finger on it. but clearly there are other

issues -- >> it's called negative interest rates. that's the worry here in the u.s. we saw the yield in the ten-year treasury trade as low as it's ever been, almost to the 2012 lows. that was just last week. i think to raoul's point -- if you look around and our sovereign yields are going toward the negative interest rate, look at equity markets in japan and europe and how they've acted going from $1 trillion in sovereign dead to $7 trillion in negative interest rates. i think that's the pain trade for equities right now if the risk is to the downside. >> except bond yields do not represent fundamentals. i hear you and agree the market's response in japan and europe has not been great. the trend on the chart is going higher. if anything technically, the euro over the last couple of days had a couple of other technical crosses to the golden cross, you could argue the dollar weakens up after a positive vote, a positive meaning to stay.

all it's going to do is further cement the fact that the dollar has put in a top. that to me takes all the trades off the table. if anything, it puts a major bid under the trades that have worked so far this year, a stronger oil, a stronger em, all the things i've said. the periphery in europe will outperform the core. >> up next, mark zuckerberg speaking at facebook's annual shareholder meeting today. what's his next big growth engine for the company. starbucks falling 13% from the all-time high.

welcome back to "fast money." facebook had the annual shareholder meeting today, where mark zuckerberg talked about the next big drivers of growth. julia boorstin has the very latest. >> reporter: hey, melissa, that's right, because mark zuckerberg controls the majority of facebook voting shares, his proposal to solidify his ongoing control of the company was adopted. all of facebook's directors were reelected. in prepared remarks, zuckerberg laid out his vision for the company over the next three, five, and ten years. he also fielded questions about what will drive the company's next leg of growth.

and how it plans to make money from its messaging platform. >> we're at a starting stage with what's happened. in terms of starting to think about how we build a good organic business, that way people in addition to messaging your friends and your family, maybe you messaging a restaurant if you want to get a reservation, or you message a company if you have a question about how to use their product. >> reporter: there's also a question about the potential for facebook to expand dramatically into china. ceo cheryl sandberg saying they're researching that. zuckerberg didn't weigh in, but cheryl talked about the opinions on facebook. there was also a lot of talk about the company's focus on transparency and creating the trending topics. >> julia boorstin, thanks so much. what did you make of the growth

drivers? >> well, i think he deserves a lot of credit, and he deserves sort of the benefit of the doubt. i'm a facebook shareholder, i used to think it was a crazy expensive endeavor, but not anymore. i am comfortable with the voting structure as it is. >> you are? >> it's not great corporate governance, for sure. you knew that going in. right? i own google as well. you know that going in. i hope we don't end up 20 years from now in a viacom ridiculous situation. but given his age and the acumen, i think he's a bill gates type businessman. i'm comfortable with it. >> 50 years really. >> hopefully. >> tim? >> i think it's a case where like a lot of the tech names that had a good run, the valuation at some point becomes difficult to support. i think facebook needs to show where it will dominate the ad space.

i know this sounds obvious, but we need to see the next round of numbers. right now they're supporting that valuation. they will not dominate like they do right now. >> you talk about dominating ads. look at all the levers. listen, i've been offsides on the stock. think about what they're talking about today, how do they monetize the property. advertising, payments, messaging. a lot of stuff. if you think about it, they're expected to have about $25 billion in sales. google is obviously much more mature company. it's got a much lower growth rate. they're going to have $70 billion in sales. i think there's a big runway if they can really execute on this app centric -- and it has to grow in the valuation. you're saying you feel okay with the valuation, on a gap basis it trends like 55 times earnings. so i think that's really important. $3.50 a share is really $2.50 on a gap basis. >> i'm a gap fan. i don't love nongap. it's not about what -- >> it's about the levers you

mentioned, pull a couple of them. >> levers, levers. >> i say lever. >> i will say this. to back up -- i've been a big facebook bull as well. however, you have people shooting against it. negative comments last week. the stock did not trade well today. open on the highs, gave most of it back during the day. i think what tim's point, and i agree, they report on july 20-ish. this is an extremely important quarter for them to knock the cover off the ball. which i happen to think they will. but they better do it. the stock over the last three weeks or so has not done well. >> the comps have been getting tougher and tougher for these guys. >> up next, it could be as simple as liking your job. shares of starbucks falling more than 7% in 2016. it could get a lot worse. the heirloom tomato.

when you cook with incredible ingredients... you make incredible meals. fresh ingredients, step-by-step recipies, delivered to your door for less than nine dollars a meal. get your first two meals free at blueapron.com/cook .

oa skin transformation that rivals the leading department store moisturizer. revives skin to fight 7 signs of aging. with olay, you age less, so you can be ageless. olay. ageless.

♪ no, you're not ♪ yogonna watch it! ♪tch it! ♪ ♪ we can't let you download on the goooooo! ♪ ♪ you'll just have to miss it! ♪ yeah, you'll just have to miss it! ♪ ♪ we can't let you download... uh, no thanks. i have x1 from xfinity so... don't fall for directv. xfinity lets you download your shows from anywhere. i used to like that song. welcome back to "fast money." some of the most attractive companies to work for are also among some of the stocks with the heftiest returns. what gives? breaking it down, most attractive man himself --

>> melissa, people will really start talking. anyway, there are more than a few lists, melissa, tackling that whole topic of best employers out there. over the, of course, the past years, the folks over at linkedin used the data from their networking and recruiting operations and put out a list of their own for top attractive employers out there. tech companies dominate the list, especially among u.s. employers. the top five companies are names that we're all familiar with. for the most part, we'll characterize them as being the mega cap tech space. number five name we know, amazon.com. next up the chain, apple, then facebook, and then sales force.com, which is the smallest of the names here. and the top spot goes to google. we'll call it alphabet or google whichever your pick here. many of these companies, they get high marks for things like family benefits, tuition assistance, great physical work

spaces, you name it. but can these perks actually help translate into stock gains. you could argue the correlation or the causation, whatever you want, but some believe that getting top talent helps both the top and bottom lines. each of those companies in the top five i linkedin, top attracters list, have doubled in value in stock price over the last five years. that beats the 65% return for the s&p 500 during that same period. so melissa, maybe there is something to the whole getting the right people thing. we'll find out. top attracters something to watch for the stocks. >> thank you, dom chu. obviously a rise in stock helps people like their job. >> but for other reasons as well. you don't know which comes first, the chicken or the egg. it's great to have people happy at work, they're productive, they're not busy looking for jobs elsewhere. like valeant. they're focused elsewhere.

probably not the case at google, facebook and amazon. >> one of the things the tech world got in trouble in the past but cleaned up dramatically, but the high quality work situation is the stop option gain. at some point it's not an employee cost. this was historically a big problem. this is one of the reasons people are willing to get paid less in the current if they have some of the other benefits and lovely lifestyle things, knowing there's massive upside. for these guys it's not easy to pay these people. >> you've also got five companies with five extraordinarily dynamic ceos. the people want to line up behind, in this case, all these guys. but there are other companies as well. i'm surprised tesla wasn't in that group. i still think sales force is one of those companies, i think valuation is stupid. it had a blip down to 60 bucks. i think that's a stock despite valuation that you can get behind. >> it's important to remember, microsoft paid $26 billion for

linkedin. one of the reports last week they said they couldn't think they could keep the best people there. it's a massive gap between the gap of how they account for it. the same thing at facebook and twitter. at some point, the chickens are going to come home to roost. that's the way it did in web dot one dot o, whatever it is. >> let's talk about another brand consumers love. that would be starbucks. dan seeing bearish bets in the options pit. dan? >> you didn't think i could walk and talk at the same time. starbucks today caught my eye. option volume. two times average daily volume. generally, most of that came in one trade with the stock trading about 55.70 today. a buyer of 6500 of the july 22nd, weekly expiration, 53 -- 50 1/2 put spread. weird strikes there.

paid 46 cents to open. what i found interesting about this trade is the company is going to report the fiscal q-3 earnings on july 21st. this put spread which gives protection between basically 52 1/2 and 50 1/2 on july 22nd expiration for that earnings event gives you a little cover to the down side. maybe it's protection against a long position. this low in february was 52 1/2. if you're looking to get protection into a potentially volatile event, i wouldn't do a put spread. i would buy the put against the long position. look at this air pocket below the february lows. basically from 50 all the way down to 40, if you look at that long-term uptrend and the breakout level. if you're looking for protection in starbucks, just buy down side puts. >> i tell you what, i think this is a company that's going to continue to agree, 6%, 7%. america's outperformed. they were able to pass 5% of that outperformance, that came from increased pricing. and yet the question you have to ask, is the consumer ready to

take on more of that. the new geographies for starbucks gives a lot of people hope that the global growth remains. i stay long the stock. dan's charts are compelling. up next, "final trade." i'm here at the td ameritrade trader offices. 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 and 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. td ameritrade. a good car has to maneuver quickly. that's also true of a good car company. people have always bought cars. but we saw an opportunity in sharing cars.

so we moved fast and launched car2go in 29 cities, all around the world. doing that required dozens of data centers, designed for speed and performance. we built our business on the ibm cloud. because that's what the ibm cloud is built for. thank you. we built our business on the ibm cloud. ordering chinese food is a very predictable experience. i order b14. i get b14. no surprises. buying business internet, on the other hand, can be a roller coaster white knuckle thrill ride. you're promised one speed. but do you consistently get it? you do with comcast business. it's reliable. just like kung pao fish. thank you, ping. reliably fast internet starts at $59.95 a month. comcast business. built for business.

to bring in reinforcements today. this is an important day in the day of cinema. 41 years ago "jaws" was released. it went on to become one of the highest grossing films of all-time. what you probably didn't know is our very own tim seymour had a cameo in that film. remember when roy schneider first encountered jaws? all of a sudden jaws came out of the blue. look at tim. unfortunately that scene never made the film. apparently spielberg thought tim was too slick to play the role of a shark. >> i thought sharks were slick by nature. >> time for the "final trade." >> thank you, allison. >> you're welcome. >> ssa, get long. >> google.

>> eufn. >> the shark's name was bruce, by the way. viacom b. >> i'm melissa lee. thank you for 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. some people want to make friends. i want to make you some money myself job not just to entertain but to educate and teach you so call me. or tweet me @jim cramer. i hate to complain on a day when the dow roared 103