tv Fast Money CNBC August 3, 2016 5:00pm-6:01pm EDT
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what are the technicalities of that? and is he able to go somewhere else? i think that changes the game a lot. >> the jobs report friday morning, that would be one to watch for, as we turn to thursday to close out this week. that does it for us on "closing bell." "fast money" begins now. and the latest on 21st century fox, plus bill gross set to sell bonds again, but history says he could be the ultimate contrarian, and the zika effect on stocks, with you strategist says it had be worse than you think. the stock is trading to the down side. that move could get much more against once that conference
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call gets under way. it has much more on what to watch. i guess the eps missed. usually there's two or three bombshells, and the stock is all over the place. it makes the conference call that much more interesting. when we hear from elon musk, three things. first the production schedule. i don't think we'll see a whole lot of changes here. they already indicated that they're hitting the schedule as planned in terms of what a couple thousand vehicles being manufactured per week already, and they're going to increase that as the year goes on. the delivery guidance, they said they expect to do deliver at least 50,000 vehicles in the second half of this year. if that happens, you combined that with the 29,000 delivered in the first half of the year,
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that can always be tweaked, and finally model 3 reservations. it's been a while since we've heard any update. it would be interesting to see what they have to say about that. that is crucial when you look into 2017 and 2018 and the ramp-up in production. i was shocked. mine on printed out to three pages, but there was one nugget that interested me, phil. q3, they reached their funding limit with a banking partner. what does that mean for financing cars in the future? >> well, tesla, because these vehicles are so expensive, lease been has become much more of an option for many people.
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>> at some point they will have to strike a deal. i don't think they should have a problem doing that. i think this was more a indicate of them saying, like, we hit the limb with our one bank. we'll have to pursue this with other companies. when you get to that left of price, most of those vehicles will be leasesed. >> okay. phil, thanks so much. i want to start off with you. it was pricing in a pretty bit swing. >> unlikely, but we also have the call to wait on. we'll get a chance to hear from elon musk, but i think it does come down to the delivery the second half of the year. can they get that 50,000 number. obviously that would get interesting, because that does
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pitch them very close to 80,000, but certainly the options market is complete with completely wrong. >> that's the number that matters. it protects you against these big potential drops, these air pockets the stock has seen before. if you said to play with it in stock, though, 215 they prior that secondary in may, you said that one blip below that, but it's effectively held 215. i think you trade it on the long side. if they don't sell this stock off the earnings release, i don't know what they're going to sell it off on. >> on the back of that solar city news, the deal the stock lost what -- lost in a flash,
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but then there was a string of bad news and the stock bounced back, is actually higher than before the deal was announced. i'll say this, on average since it went public, the stock has move the day after earnings about 11%, so the fact that the implied news was so low is telling you that investors were a bit more complacent. one other point, look on you newsy q2 was. ultimate the auld opilot fail, the solar city deal, and then they already announced their deliveries. that being sell, i will tell you deliveries like these guys are saying, that's the most important thing. then you could see downward pressure. >> to guy's point, it feels a lot like bulletproof to me. i'm negative on the stock, but when you start to see everything you have thrown, to your point, everything you've thrown at the name. it's sitting right here at
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226-ish, to me it makes me wary of the down side move. >> i think it's teflon. everything that dan just talked about has bounced off. >> sort of bulletproof. >> but when you think about this thing right now, what i think is most interest, talk about it 15, i totally agree with you. >> there's a lot of reasons why there's a break in the sand. do we get into the 200 range in if we go to the up side? sh. >> i wouldn't be too complacent. that stock sold off 40% in the first three weeks of the year. >> and 180 not that long ago. just a few months ago. >> the question you have to ask is who is the incremental seller? i believe the institutions that own this stock in a make way are
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not moving on this stock. >> because the cost basis is so low? >> i think they absolutely believe in the story. >> who is buying the stock? >> now that it's a part of solar city, some did argue it's no longer the car company they wanted to invest in. >> no, that's fair. listen, i'm trying to -- maybe i'm trying to paint too rosy a picture in terms of the stock. you have thrown everything at this stock in terms of negative news for the last six months or so, and if they don't sell it off on the back of this quarter -- >> when i have three people on this desk telling me it's a bulletproof, teflon, however you want to phrase it, that makes me nervous. i want to run out and -- >> you don't want to run out. >> i'm saying that for effect, but the story has changed. why do we count on the stock reaction continuing? >> i think it's important to recognize the stock is in a massive down trend.
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>> we know that sentiment can -- i think investors are not going to love the vertical integration. this is a massive money-losing company. now all of a sudden elon musk is doubling down. i think if you are -- you're looking 30 years out or ten years out, and they say okay, and ultimately you're going to find spacex? >> to me it's basically -- and then up in the upper 200s, we're trading somewhere around this 225 range. so it's almost like the s&p oirchlts the stock topped out, the mass market electric vehicle, that was in early april, since then it's been a series of lower highs and lower lows. phil lebeau just said it. he wants to know where they are. >> when this stock breaks, it doesn't go to 187 again. it goes to 150.
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the problem is what the heck breaks the stock? i don't see it. >> the model 3. >> if you were to see a material slowdown -- >> other bigger thain expected capital. just last week we talked about a capital raise, a modest capital raise. that was his word, modest. if that becomes more than modest, i don't know. >> i don't know what modest is, but every time they've had a modest -- the stock has actually traded well. >> i'm not trying to play the opposite side of you guys. >> i submit if you want to be in it, you do it again 215 or -- >> the 200-day moving wanch, 225, where is it now? 218. so you're talking about this down trend, i don't agree with it. i any it's flatlined. >> last august when they did -- >> are you bearish right now? >> listen -- a little bit. >> when is he not bearish? >> but this is an important point. since 2010 ipo, they have raised
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capital every year, in either equity offerings or convertible bonds offerings. it was the first win they did at a lower price. that's really important when you think about it. when i this about 240 in august of 2015 -- this one was at 215. we talk about private companies doing down rounds, i'm saying you have to keep an eye on what they need to raise. it was a brilliant stroke when they said they raised $400 million. >> i think all right we'll have much more on tesla, of course. the conference call gets under way in about 20 minutes' time. up next is this man the ultimate contrarian indicator for the bond market? we did some digging. you won't believe what we've found. plus time warner valuing the streaming service at $6 billion. what might that number mean? we'll explain. the spread of zika could have the same a impact on stocks
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money." shares of jack-in-the-box surging. >> poston a big beat. the ceo said third quarter results competed our expectations resulting primarily from healthy margins. the companies also implements the coast reduction plans. the boards also declares a quarterly cash dividend of 30 cents a share. keep in mind long term the company did give weak fourth quarter earnings guidance, but again -- jax in the box shares, melissa up 8% in extended trade. >> seema, thank you. you know, seema mentioned that jax in the box is not only a burger chain, right? >> if it was only a burger chain it would be half the price of the stock. >> that's why i brought it up. >> you loaded me up for that one. you know why? >> hit it out of the park. >> like at qdoba.
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they're crushing it for good reason. if you had a choice right now, you ain't going to chipotle? when you have your also poodle out, max, where are we going to dinner? max is a dog's name typically. margins are much better this quarter. however, it's imperative for this move to continue. it's got to get above that all time. i think it's 98.5 or so. jan us capital's bill gross is sounding the alarm in a recent letter saying -- real assets such as land and gold are favorable. the so-called bond king has a history of betting gex the fixed income market. he apologized to his investors after shorting treasuries that
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year, but in april 2013, he warned the 30-year bull market in bonds was coming to an end. the space recovered. fast forward to january 2015, when he said the good times were over, back in march of this year, he said the bond market needs to be smarter than a first grader. mostly le he called it a super-nova that will explode a few weeks later. so we ask -- is gross the ultimate contrary indicator for bonds? let's go off the charges with ari wolfe. >> i don't know if he as contrary indicator, but this is a view we've heard. the charts still disagree with. let me show you what i'm talking about. it's been our view that long-dated treasuries will remained anchored by global growth concerns and zero to near zero to negative interest rates
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everywhe everywhere else. 1.5% seems low, but when you compare it to negative rates and germany and japan, that 2 1/2 actually sounds pretty high to me, so really difficult to make the kay that rates been going substantially higher, as long as this is the case instead we've had this very steep drop into this low, the generational low. this is a point where we can see some consolidate ace. it's a time where we're expecting consolidation, however, with the long-term trends lower, you can see the falling 200-day moving average. we think there will be a demand for treasuries. we think they even look more attractive there. let's chart the etf, tlt, of course it traits inverse to yield, so this is price. we can see the steep run-up
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here, very similar to what we saw calming into the year. in the first quarter, you needed about four months or so to move sideways, but looking at levels, support starts at 136, becomes very strong at 133. i think it needs time, but we would rather buy weakness than sell strength. >> ari, thank you very muari ar open haimer. if you see the ten-year go back towards those lows 1.3%, i think that will be a bad sign for the u.s. economy, but i don't think the fed will raise this year. if rates start to move ahead of time, i think that's something that can keep the s&p in check here. their stocks don't go up, even
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though they are accommodative. >> we just had charlie even say one rate hike is what he seats happening, but in terms of bonds, we don't want to pick per se on mr. gross, where it seems like he's questioning his track record. we've had a lot of people saying the good times are over for bonds, but in terms of what you think? >> conclusions from it, just to me it spells xlp, which is up 9% year to date, staples, utilities. >> you're not getting yield anywhere else. >> so just to back -- so back-engineering that, you think that bonds will basically remain where they are, keeping yields lower? >> correct. >> this is this is your only opportunity. people are pulling out of they dividend plays, i think there will be a mad rush for yield yet again, multiple expansion, don't let people tell you they're
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overvalued. >> quick, pete. >> i think the valuation has gotten too far. why is tech -- based on what? what other periods of history have given you your presence of mind to say they're overvalued? here is my pushback. when i look at the valuations and look at tech, the semis and haas care, i get everything i'm getting out of what you're talking about, except a better valuation level. i would -- >> tech falls and collapses. the utilities and staples don't fall as much. >> what happens when a rotation starts to move. >> it already happened. 2.5% off the all-time high. >> go to commercial quick, i think i'm winning right now. >> i don't think so. i totally disagree. >> the market will determine who wins. >> as it always does. >> as it always does when it
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comes to trading. check out shares of square, they are surging, 10.5%. i'm melissa lee, you're watching "fast money" in the meantime, here is what else is coming. >> this is my most humble day of my life. >> maybe not, because the messy departure of roger ailes has left shareholders in a sticky situation. we'll explain. plus zika is spreading. one market watcher says it's about to do to stock was ebola did back in 2014. he'll show us what he's looking at when "fast money" returns.
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welcome back. i have the latest on 21st century fox's earnings call, shares of fox moving down about 4%. fox missed revenue expectations by a hair, though the company's earnings beat expectations and fox boosted its dividend and expanded its share buyback. lake lackland, and temporary replacement. >> throughout this process we have moved quickly and decisively to protect the business, to protect its employees, and to protect the unique and month voice fox news broadcasts. there is no one more dedicated or mo able to transition fox news to new leadership than its
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founders. >> lack lan say. ceo james murdoch was quite frank about the need to do better at the movie studios. james and lachlan murdoch's commitment to digit all in all sorts of direct-to-consumer and skinny bundles in the works. they said they will be opportunistic and they're looking for what's a good fit at the right price. melissa? >> any word on the time frame of permanently replacing ailes. >> what i have just heard is they will take as long as they need to find exactly the right person. i hear they're more likely to hire internally, but they say rupert murdoch is the right guy, and they noted, of course he did
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found fox news, so he's very close to it. >> julia, thank you. let's go to the media space here. what is the trade here on fox and/or what does it mean for the rest? >> i think the trade in the space is viacom. if you look, this stock has had a huge run to the down side for all the reasons we have talked about. over the last month, month and a half you have a stock that's gone from 38 to 45. on valuation, it still trades at a percentage of the rest of the space, so on valuation alone, i think you get long viacom. you have to see what happens. in viacom doesn't sell off, maybe it augers well tomorrow morning. >> augers -- >> it's a good haiku. >> disney is going to be next week. it's held $95, just bounced off the other day, relative to his history, it's trading pretty
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cheap. i think this could have a gap fill from maybe two quarters ago, similar to what apple just did over the last week if there's the least bit of good news here. >> let's head to break and check on tesla, as we do head to break, the call is about to start in just a few minutes. we will hear from ceo elon musk and the one word on everybody's minds at this point -- deliveries. the stock is basically flat right now. one strategist has a warning for the market, and it has to do with the threat of zika. we will explain when "fast money" returns.
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increasing threat of zika. the number of cases in florida has reached to 15, and the number of states affected is up to 45. >> this is not just a florida issue. this is a national/international issue. we're just the tip of the speer. they should be our partner, and they haven't been our partner so far. >> the next guess the market's reaction is looking a lot like how it responded to ebola in 2014. tony, what are you looking at? >> there's two things i know, corrections are only natural d. and the only thing that scares you more than your health is your kids' health. >> we looked at is there a precedent where you're trading near an all-time high and had some kind of health issue bring the market down after a period of lower volatility. we found back in the fall of 1994, the first ebola case that was report -- by the time that
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the third case was reported, the market was down 7% close to close, if you does it intraday, it's closer to 10%. i'm not looking for anything like a 10% decline but this could be the catalyst. obviously earnings, economic data and central bank and action meetings are not enough to do it. >> tony, come on over here. you're making us comparison with ebola, but there is a key difference from ebola and zika. ebola is very fatal, zika so far is not. isn't this a very -- >> i'm not comparing the two. >> what my suggestion was is at the same time in 2014, you had a european economic -- perceived european economic crisis, especially in the banking system, a market at an all-time high, a vix under 12 and
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accelerating u.s. data that creating a hawkish tone. believe me i'm not -- i can't even pronounce them right. i'm a guy of simple things. >> what i do see, to quote -- or to parrot mr. gartman, lower level to upper right. how many times do you see those breaks in the overall market? for me they get shorter in duration. >> correct. >> trying to thread that needle. if you're not looking for 9% or 10%, if you're looking for 3 to 6, basically, is that correction. that might only be a week and a half. >> correct. so hear, you get criticized for make a is to 6%, okay, well, you had a 5% drop on the most recent brexit vote. how many people were getting bullish down 4%? if you're in anticipation of a market to pull back, if i'm doing my job, i've got to be wrong right away, convince the
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weakness is temporary and go lower left or upper right. i think that's the case, but if you're not anticipating, it's pretty hard to buy a down 4%, because with it always becomes the perception of fundamental change and what you're getting is transportation neap issues. i heard one of the guests, i think it was from royal caribbean cease that 20% of the cruise linz go out from miami. >> and saying there was no impact. there was no cancellations, but 16 ebola cases, it was only the first three that created market weakness, because there were other things in the -- this is a set upfor a simple market correction. >> so it's funny, you want something about a perceived european banks crisis, we actually have a crisis now in europe. >> we had one in 2014, too. >> but it's more dire right now
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when you think of what's going on, what is being done to combat -- it's not improving the situation. if you're calling for a 3%, 4%, that to me seems different. 3%, 4% is a breakout level. 8% is down at 2040 where the 200-day moving average is, and i think that's an interesting spot. you don't see that? >> it's a market with no structure. it's not like you're a specialist, i used to work in a bunch of them. i don't think price level is exactly what you look for. i think it's sentiment levels. where is the vix? where is the different options indicators that pete looks at each day? i think those are the important things. >> see, i think they're useless, you want to look at something, the most important indicator is ssx-7-e, the euro bank index. >> i'll give you better. dan -- >> you're looking at the wrong
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stuff. >> it's more than he did three letters, cds. the italian cds, they are very, very benign relative to where they were in 2011-2012. if woulder in a crisis, we've been in a european crisis since 2011. i want to see evidence. same as in the u.s. i get this will end badly. those are words that have decimated so many portfolio. it's always early. let's wake for some of the shadow banking indicators to give us the clue and then i'll -- most of my bearish friends forgot about me. >> tony, great to see. >> good to see you, melissa. >> a couple things. if you killed it on johnny carson as a exceedian, he invited you to the couch. that's what you did to tony. >> absolutely. >> number two, we talked about royal caribbean yesterday. we had a whole conversation, and i said you know what? you get long the stock.
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up decently today out of all the things we talked about here, i think rch hits 65. >> david brenner had a nose for com by. >> meh. >> she hasn't no yesterday what to do with that. >> i have no idea. just taking to the came moments ago. pretty good day to be jack. later, crude oil may be surging, but one market says the rally could soon end. we'll tell you what that is when "fast money" returns. how will you keep up with the new demands of today's digital economy? the fact is: some believe they won't need a traditional bank down the road, so at cognizant, we're helping banking and financial services companies think digital, be untraditional, and reimagine what the bank of the future can be. our clients can now leverage customer intelligence to predict their financial needs and provide more contextualized products and services.
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welcome back to "fast money." i'm seema mody, on canadian pacific, bill ackman unloading his entire stake in canadian pacific for a grand total of 1.5 billion or 9.8 million shares. the proceeds will be used to fund one or more investments. ackman did begin building a stake in october of 2011, according to this press release, ackman will stay on the board until the next annual meeting. back to you, melissa. >> thank you so much, seema mody. so since 2011. his cost basis would be -- that is the key question here. >> the stock was just below 50
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at its lows. >> what's your take? to fund future investments. >> maybe he wants to buy more valiant at this point. >> the stock going down? >> at this point what does he have to lose by doubling down at this point? why wouldn't he double down? >> what's he going to say? >> he 'lost a lot. for him to get back to break even, karen can speak to this about hedge funds, for him to get back to the high watermark, he has to do something unbelievably outside the norm, so maybe if he were able -- make that's the play, but he's lost all right, is the point, why not add morse. >> and he's done a great job in terms of execution. i'm talking about canadians pacific, putting people in place where he needed them to be, and i think quite frankly -- i'm not so sure he's yew it for doubling down.
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he might be doing something, or maybe he has other issues. >> mean redemptions? >> i would think. >> kayla tausche has more in the newsroom. >> pretty much just across the board, gross payment volume was better than expected. the company raised its guidance. pretty much a hat trick if you're a company reporting earnings. stock is up about 11%, because much of the conversation on the call is about the fact that square has not only been able to brings larger merchants into its orbits, ceo talking about the merchants like the cohesion, and the fact that they have all the tools in one sweep and no other competitor has that. they also have institutional investors on board into the square capital product, which lent more than 100% growth in the quarter, about $189 million in loans. just because these new parts of the business is growing is not to say that the core business
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has slowed down at all. the hardware business, which is the traditional just sales of the core card reader that is square's bread and butter, sales up more than 200% in the quarter. while that is down from the first quarter, dorsey was talking on the call about the fact that largely growth is because of this transition to chip cards, but word of mouth and thanks to one particular retail partner. >> you can walk into an apple store and see the -- the content -- the chip card reader right away, definitely helps continue to push a lot of people into the square ecosystem. >> yes, having real estate in the apple store does help. recently they opened the call to a couple square customers, merchants namely, one casablanca salon says what happens when the
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headphone jack goes away? and they were quick to say the contact list reader, which is the new payments platform, it operates wirelessly, so you don't need to plug it in anywhere. they have a solution for when and when that happens. interesting to hear merchants and customers participating in addition to analysts add shareholders. kayla tausche, thanks so much. we've had so much about the -- it seemed like jack dorsey was the opposite of that, that everything he touched was in trouble. is this the start of a turn? >> i think it's too early. you have a stock? square that was up recently 24%, basically off the june lows, a stock that's dramatically lower than where it was a cupel months ago. i think it's more to do along with tesla and the short interest. it's 21% or there abouts. this one could probably trade up, but then i think it flushes back. >> i also read a story about sweet green, a hot salad place,
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they're going to go towards cashless transaction. if that became a trend, this could be huge. this technology is so faceant. forget the chips, i mean there's a lot of -- so you're bullish on square, i think it's a pretty cheap option on a strong secular trend. you hope they have a horrible earnings release. it didn't get that low, but it has traded well ever since. pete is seeing something i know. it is trading as if something is going on. i think maybe in terms of the stock, the worst is behind it in twitter. >> i think the rumors today are very interesting based upon who they are and what they may do. i think the most interesting part is i think we all on the desk agree about balmer. what he's willing to pay for
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something is not always an issue, if it's balanmer, it mak for an interesting time. i know he says no comment -- >> i look at though two guys and say -- >> and microsoft. >> totally agree. shifting gears here, many are pumping the brakes. dan is breaking it down for us. >> the energy select etf, massive put volume today. that doesn't mean it was exactly a bearish thing, it could have been somebody who was wrong, a
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bunch of large integrated stocks. thought time was up. the most active puts were the september 63 puts, 34,000 traded. that was the number of open about. that leads me to believe they were closing here. the -- 40% is exxon, chevron, schlumberger, about 2.25%, and 4.25%. there's a certain defensive nature to that. here is the one year chart. it found resistance earlier at 7 on, the xle has shown relative strength. so this is appeared i'm going to
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let it run. more options action, 5:30 p.m. eastern time. as we head to break, a look at shares of tesla. we're 17 minutes into the conference call. the shares amazingly are still flat. it's a real departure from past reactions. plus nike is the worst performing stock this year, but phil knight just told jim cramer something very interesting. you'll hear it on the other side of this break. 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.
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he founded . the competitive arena is our fashion runway, if you will. that's where we show our stuff and show that it is the best product, because it's being worn by the best athletes. the olympics are huge for you, the ultimate athletic contest. we're very optimistic how we will show in rio. >> knight also reveals what he paid michael jordan for his first nike contract.
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jim's full interview tonight on "mad money," 6:00 p.m. in terms of rio, wouldn't that have helped the stock already? >> it's not like the games are a mystery. >> by the way, this friday is the opening ceremonies. >> anyway, nike trade. >> that's where it traded down to. but it has to hold. >> they have shocked us in the past, we didn't expect them to do well, so i would expect them to see this stock bounce and go higher. still ahead, shares of tesla, volume tilling after-hours, we have much more "fast money" "fast money" right after this.
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let's get the latest from tesla with phil lebeau. >> one of the great things with tesla's calls, you never know where it's going to go. sometimes you get a slew of head likes, and sometimes you don't get a whole lot. it's a rather boring call, relatively speaking. just a few minutes ago elon musk talking about he's fairly confident about where the
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company is. he's optimistic about the core business. there was a question about whether or not tesla could potential someday see itself merging and integrates with spacex, and he said no, i don't see enough synergies. and with regard to its deliveries in the second half of this year, remember they have already have a plan to hit 50,000. here's elon musk and his confidence. >> in a nutshell, when you think about tesla right now, we're right around 2,000 quarters a week roughly half x and s. >> that's elon musk inch 373,000 model 3 reservations, that was the previous number. they're not updating it. they're sticking with that number for now.
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guys, back to you. >> thank you very much. bill kallo, ben, we're tight on time at this point, but the stock is not moving. the shareholder letter was only three pages long. >> i still said boring is good. i still trying to learn that. demand is up. the bears are worried about the model x and s demand after the recent deliveries. on we were wrong on this being impacted by -- to actually come in with a 200 base appointed improvement. number four, the introduction of the other -- and they countered that by saying they should
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expect marges to brof. >> there's they're on the street that they can miss on deliveries, it's almost expected. here we have a boring report you because they have met the guidance and the stock isn't doing anything. does that make you nervous? >> not at all. this is what i dahl as de-risking the quarter. potentially in the back heart of this year, a different type of styles and basically the classifications of it. i think that's a positive catalyst. it might be even more than obviously the battery factor will continue to ramp up. we have some time for additional without going through another quarterly report. to your point. people are much more focused on next year rather than the near-term earnings. >> literally 40 seconds, but quick question. >> they've been outspoken
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thinking we're going to break that 150 level. did this quarter give them any ammunition to further that call? >> no the at all. the stock goes higher tomorrow, i believe. >> there you go. >> ben, thanks for phoning in. >> takes care. thoughts on tesla, how it could trade tomorrow given the surprising lack of action. >> i think that we didn't get enough negativity based upon what we sort of -- >> but a positive data point on the margin, but the stock is not moving. >> maybe the fact that it's holding i think is important enough. >> still bullish. teflon is the word you used. mr. bulletproof. >> you look, it almost seems so contrived. he's trying to say, first of all, if he didn't tell me who that was, i wouldn't have any idea who that was. so i think you have to watch the level. that guy points out 2014 -- that's the level to keep an eye
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on. >> i think for the traders from a gap fill down towards 200 that could be a dress trait in the near term. >> didn't give anything to the bears. >> is there enough for the public polls. >> tomorrow, sister. >> we my mission is simple, to make you money. i'm here to level the playing field for all investors. there's always a bull market somewhere, and i promise to help you find it. "mad money" starts now! hey, i'm cramer! welcome to "mad money." welcome to cramerica. other people want to make friends, i just want to make you some money. my job, not just to entertain but to teach. so call me at 1-800-743-cnbc. we can start picking winners, an
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