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tv   Fast Money  CNBC  January 9, 2017 5:00pm-6:01pm EST

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that their data will be privileged inside look at how traffic should go. >> it's worse than anybody has any idea. >> it's the yellow cab drivers know the game. >> michael, thank you. until tomorrow that does it foreclosing bell. "fast money" and its tenth anniversary begins right now. ♪ a very special "fast money" starts right now, x marks the spot, america's post-market show turns ten this week and we're kicking it off the next decade with a jam packed week of guest. carl i can is here this week. we got a lot of surprises for you by the way all week long so you won't want to miss a minute of our celebration. we'll kick off where we always have with the markets and your money because it looks like the trump trade could be fading.
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energy, financials, industrials, small caps taking off in the month following the election. but since the s&p touched a record high in december 13th it's been a different story for those trades all lower while tech and bonds have actually rallied. are we seeing the end of the trump trade? guy adami has been here from the start, meaning the start of the show. >> congratulations to guy adami who has been a godfather so to speak. not referencing chronice ining . >> is the trump rally over? no. it's good to have a pull back. one thing that's taken the market down aside from the internals of the market, the advance declines have not been great but fact that energy has given up the ghost. that's the main reason we can't get above this 20,000. if you're looking for dow 20,000, in my opinion, the best possible thing that could happen
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is we see it move down the s&p, back down to levels that steve talked about last week on friday's show. >> everything we're seeing now is appropriate for a market that's had a run. much of it is on expectations of change. this week we have appointment hearings going on. they won't be a clear shot. all expectations, we talked about rex tillerson and different trades that people have gotten behind. none of this is bad. technology is picking up some leadership. that gives the markets some room to go sideways. that's not a bad thing. it's the things that are lurking underneath the surface, credit concerns, china trade war. the fact that you're getting a lot of inflation not a little bit. you're getting wage inflation that puts the fed on front foot especially if the fed is pushed. those thing, the market should be kbernds. the last couple of days what's to worry about in terms of this price action has been fine. >> the fact of the matter is the s&p is close to record highs. a selloff in some trump trades.
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points away from record highs as well, steve. where do you stand? >> i've went a repeat buyer of the s&p. we've seen the financials. we've seen energy be overbought on a relative strength index from time to time then they work it off. financials worked it off. energy worked it off. in a couple of weeks being overbought. they switch leadership and the s&p still grinds higher. can we see the market come in 3%, 4%? yes. >> 3%, 4%, back to 2,200. i'll mention this. the market hasn't been doing anything, i think everybody is looking at dow 20,000. got within half a point. what's going on the dollar has come in, rates have come in, crude is down. those are things that should be beneficial to a long equity trade. at the end of the day i don't think there's any cause for alarm but a lot of people looking to reload in the broad
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market back at the break out level. >> basically a small pull back. are we being a little bit too complacent? >> we're going into earnings. >> so the problem is we had such a big run in the overall market that earnings are never going to confirm the move that we've seen. >> why should we hold where we're holding. if it's not confirmed. >> i've been saying this from the start. people were caught on their heels being long bonds and actually not long enough equities. they have to get longer equities. >> but why is it that valuation suddenly is not an issue any more. i hear you, steve but we're at a place if anything because rates were low we can throw valuations out the window. the bar is higher than it's ever been there's legitimate arguments for these stocks. ten years ago we were sitting around with bubbles every where and a lot of people -- the bond market was ahead of the equity
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market. we got some problems, folks. we're at a place ten years later where you talk about -- more asset bubbles out there. >> when you said why is it about not valuations about rotation because people haven't been able to price in real growth whether it's global or united states centric growth. we're talking about gdp possibly doubling for the first time in years. >> first of all, i don't know that will happen. >> gdp doubled. the market is pricing that in. >> that's what concerns me. >> of course it concerns you but for the first time we're looking at actual growth happening because you have the wind at the back of corporations. >> we've actually had a number -- if there's growth anywhere it's around the world where you're getting production numbers. germany, around the world you're seeing people ignite from weaker currencies. our currency is stronger. that's a drag on gdp. everything that came out of that election from the clean sweep gives you a reason for optimism
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pop say gdp will double -- >> it's what the market is pricing. >> let me go to this side of the desk. within markets, between sectors, great, hand over to technology from financials great but what about the bond market. is the bond market telling us. is that a canary in the coal mine? >> maybe six months ago i would have said yes. think about where the tlt went down. >> yes. >> just to be clear. >> basically exactly that. we're seeing a bounce off to me at least pretty oversold conditions. to answer your question not yet. can it still go high center can rates go a little bit lower? you can potentially see ten year going back down. the financials will continue
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especially as we get into earnings season. >> you asked if we're complacent. of courser with. >> every single strategist on street. markets are moving higher. >> trying to fix out what could go wrong. one thing about financials people were caught off sides on that one in early november. they got back to market weight. they are consolidated for the last five weeks. we'll get earnings at the end of this week. >> upside or down side? >> i think if you understand what's going on in capital markets you understand q4 was a great quarter. that visibility is likely to carry through i think early this year. that being said i think there's a sentiment issue when it comes to banks. consensus estimates is too low. sentiment got positive very quickly. i don't think the risk is to the
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upside. >> what do we do >> this pull back in oil i'm intrigued by. i think this is absolutely an opportunity to buy. remember the opportunities you got. so of those names, eog, even hess looking for big cap that has leverage they got free cash they can deploy picking up additional production. those are the names you want to buy. you want a pull back in crude to buy. >> finals to buy them lower based on earnings, earnings could never validate what we've seen in the market thus far. but i believe they are going to be a buy once we get past the first week or two of earnings. if you look at energy the real buying opportunity isn't in the a and p space. it's in the services space. that's where it will happen in the services. >> tesla, i think it was january 3rd we were sitting around here came out with their deliveries. they were light by 11%, 12%, initial reaction was to sell off
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the stock. look what it's done since then and we've talked about tesla. the fact that -- i don't think there's the incremental seller to get it down to that 180 level and tesla does a levytation act now 231. people upgrade namg. guggenheim put a price target. >> etf, identify been bearish. continues to go lower. neiman pulled their ipo. i've been saying this for a while. much fewer department stores. more devastation to go. more store closing, job cuts. these things go lower. >> this is our special anniversary week celebrating ten years in there. a lot has changed. sometimes history can be a good guide on what the two buy in the future. hey carter. >> in the ten years, i have an
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aarp card. when you turn 50. then and now. and it puts it in perspective of what's happened besides getting past 50 for me. in any event, then now and percentage change. to put this in context, 4.8% annualized return. take out the inflation. two talking about 2.8% a year. not that impressive. winner nasdaq, of course but stocks in europe no return, negative return just for inflation, shanghai negative return adjusted for inflation. nikkei negative return. dollar doesn't apply. gold 50% better than the s&p and of course we know yields at ten years ago versus now in this era where at least for now rates are
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low and no indication they are going back there any time soon. couple of other things just for fun. let's have a pick. top five stocks. ten year change. here's a message. this would be internet, this would be internet, this would be internet. that's biotech, that's biotech. that's growth. that's exciting. that's big. and here's the bottom five. i mean this is something out of a horror movie. yeah. of course these people adjusted their flow. huge dilution but financials and energy. for fun i thought we would look at this. biggest stock of the time ten years going, $424 billion. exxon is now 360. stock is up. of course they have been buying back shares. but interestingly at the prior peak apple versus exxon then considered the bigger in terms of its percentage of the s&p.
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all right. the year ahead. so just talk about performance, everyone knows these numbers but good to look at it again. best on the year energy, fjs, telecom. materials, utilities, discretion and bringing up the rear health care. only guy with a red. let's look at a few charts. this is financials versus health care versus s&p. financials up here on a two year basis. health care here. i'll do this a different way. i'll hold the s&p as a constant. now the green line is straight across. that really is the same chart. okay. now if you were to go back and look at history and find where there's 25%, 2,500 base point spread it's happened three times. one at the '09 low, 2000 peak and 1994 just before the s&p,
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only five year run of 20% five years in a row. my bet is health care is the outperformer. >> all right. thanks carter. i mean i think we should invite him over. >> carter? >> he was here at the very beginning. >> bring him in. >> come on over. they will bring in a chair. >> not a real chair. >> sir. >> slow and steady. >> you're looking like a young lad. >> this is the short seat. >> this is a game. >> yes. >> stek a component of health care. how do the biotech charts look to you. >> individual ones are not good.
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b biogen looks good. big drug stocks. its a mixed bag. >> not biotech as a whole the other subcomponents. >> the nature of crowding. people bend things too far and embrace things too far. this is a circumstance again. it happened three other times since 1990. my bet is health care catches up. >> one of the points you make a lot and have for the last ten years people buy things at the wrong time. technology buy growth over value except if there's one sector that tends to be that place where people go bananas at the wrong time. where are we at this cycle for technology because you can make an argument things are frothy. >> technology as a percentage of s&p is not as big as it's ever been but at 21% it's still high. we know it's dominated bay few names at this point are quite quote sleepy, large and cheap. so apple, microsoft, google, some of the stuff which is -- ibm is a big player in terms of
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market. tech will be okay. i would suspect it's a market performer. >> all right. carter, thank you. carter braxton worth, the chart master. >> love the before and after shot too. >> there you go. >> he looks like a bad man. >> he looks kind of tough. >> we'll look for another one. carter thank you. coming up one of the original friends of "fast money," carl icahn is here to talk about what he says is the biggest risk to the rally right now and one stock he would buy if he could go back in time. plus trump speaks and the automakers listen. is that good for the stocks? we got details. not just our anniversary the ten year anniversary of the apple iphone as well. the stock is hit agnew high today. we got up close and personal
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look at the evolution of the smartphone that changed everything and what it could look like ten years from now. much more "fast money" as we kick off our ten year anniversary celebration all week.
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welcome back to a very special "fast money". the auto show kicking off in detroit as president-elect donald trump puts pressure on automakers to grow in the united states. phil lebeau is on the ground with the details. >> reporter: the word of the day is trump. president-elect was not here today but his presence was certainly felt. mainly because so many people are wondering how things might change under president-elect trump's administration, especially when it comes to manufacturing automobiles in mexico. two automakers today we got their perspective on announcements involving where they manufacture. fiat chrysler with an expansion of manufacturing in the u.s. and toyota which is not changing its plans to manufacture in mexico. >> the timing may have coincide with this emphasis that trump is making on sort of american made products and american production. but i think the substance of the
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announcement was inside the house for months. >> it would be difficult for us to do because this is just one piece of the puzzle is we are realigning all of our north american footprint. so to do that would impact our suv strategy and right now the market is red hot on suv. we have to continue that the strategy as well as additional pick up trucks. >> reporter: two perspectives from automakers where they manufacture automobiles that will be sold here in the united states. happy 10th anniversary "fast money". i'm phil lebeau at the detroit auto show. let's trade this because what's interesting all these automakers who have outlined plans quote-unquote new plans to manufacture in the united states, these are plans that have been in place for many years and the timing of it is great for them. >> it's good for both stieds be table have their say and not have to do anything about it. if ford was moving higher quality production back to the united states because it makes sense for at least the electronic and that side of the
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business is great. these guys stole chrysler ten years ago and this to me i think is the best global auto plays out there. nine times it's expensive relative to gm. you can buy the stock here. that's the stock to look at. they have the best of the american carmaker and they are growing in latin america and china. >> ten years from now we won't be talking about ford and gm as much as we talk about wamo, google self-driving. see the announcement they made. >> we'll be talking about ford. >> that's what i was getting to. some other things. >> get to it. ten years ago that wouldn't have happened. >> here's thing. these guys are creating their own centers. pricing has come down 90%. that's going to be really interesting. those are the headlines we'll be hearing over the next few years and a bit more exciting than
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plans that gm had to do a plant there and not do a plant there. whatever. >> dismissive. ten years ago dan was like what a senior in college? >> i used to watch you guys. >> you say that. >> say it regis. >> he knows. >> the stocks. >> ford was a $40 stock in the late 1990s. we start this shine 2007 it was a $10 stock on its way down from tloefls. hasn't gone very far. but now you look at it, tim talked about valuation. it's cheap. that's not the point. the point salomon river three years it might finally be breaking out to the upside of a significant down trend. it need to close about 13.5 which i thought we were getting last week. it has pulled back. ford to me risk reward on the long side sets up nicely. >> ford pent up demand. age of the car historically highest amount.
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yes you'll be talking about them in the future. >> coming up guy adami as you've never seen him ever before. he's taking on one of the hottest trends right now for a ride. you have to see to it believe it. that's later this hour. i'm melissa lee you're watching "fast money" first in business worldwide. here's what's coming up on "fast." did you see that? one of the reasons apple is the world's most valuable company and also the reason why you want to buy the stock right now. we'll explain. plus the man, the myth, the legend, carl icahn. >> we're not worthy. we're not worthy. >> here exclusively to what he sees as the biggest risk to the market and he'll reveal what it is when "fast money" returns.
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welcome back to "fast money". we're live at the nasdaq markets for a very special tenth anniversary week. your ears are not deceiving you. that's the original "fast money" sound track in all of its glory. the song i play at home all time. it's guy's ringer. we have an all-star lineup to help us celebrate with guests like carl icahn who will join us in a minute. a lot of surprises this week if you're just coming up. we aren't the only ones with a big birthday. apple turning 10. is now the time to get in? we'll
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explain. but first we start off with one of our most memorable "fast money" moments in the last ten years and that's the heated exchange between carl icahn and michael burns back in 2010. >> you leverage up and the losses you've had it's a trends. >> the offer is ridiculous we believe there's more value. >> you don't make a lot of money. they all sound great. >> to say television isn't a profitable business long term that's just not right. >> if you think my bid is solo and inadequate, let the channel news tender or not tender. >> those were some tense moments on the show. carl icahn joins us now exexclusively on the fast line. great to speak with you especially on an important day for us here. >> congratulations, and hope you get another ten years pretty quickly. >> we hope so too.
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ten years go by pretty quickly. let's talk about the markets because you've said very recently that you're concerned about the markets. where do you see them standing. we've been at a standstill since the markets hit. we hit a new record high last week. we're sputtering along at this point. >> yep. i don't really have a great view of the market. i think there's going to be some bumps along the road and, you know, that's par for the course, right? you know, the market doesn't go one way forever. but it could go certainly a lot higher before it hits the bump. so nobody really can call the market anyway on a short period of time, over a short period. >> let's talk about the areas in the market where you have the most positions in the natural resources area. do you believe that this reflation trade continues. that's a major trump rally trade since he clinched the victory?
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we own refineries and we own some oil. but we're sort of in a lot of things. some of it private companies. automotive. and we have a lot of aig. so there's, that's public. i'm thinking of the public ones. we have a lot of other things too. i have a big hedge against them. and that's where we really stand. okay, so that's -- >> so let's be specific about some of your holdings. you're going to be an adviser or an adviser to the president-elect and one of your major causes is to get the rims halted because it hurt the
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medium size refiners. is that your number one reason why you signed up to be an adviser for trump? >> it's not -- you know, maybe it sounds corny but it's not a priority. everybody is making so much of it. that it sort of completely off base. you know, i know donald and i think he's a smart guy. i think this country was going downhill fast and i still think it's got problems. so i really backed donald, number one i think he's smart and one of the few people that can shake up the establishment and stop what i consider to be almost idiocy with this over regulation. now there was some very good regulations and, in fact, i do believe that you need wall street regulations for some extent so i'm not as much anti
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as some people but some of them we've run amuck. democrats have done no favor to the lower middle class guy and, therefore, to me it was sort of a no brainer that if you're a middle, lower middle class person why wouldn't you vote for donald? now, i feel -- i mean again maybe at the risk of being immodest, my returns have been -- i was 68 when i started the firm, annualized return of over 28%. and i looked it up the other day, if you had bought the stock -- if you look at the capital it's gone up, it's increased, close to trillion dollars, 500 billion to a trillion in the last few years. we've done a damn good job not just for myself when i owned the
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stock but many of the companies we go into there's a unique opportunity to go buy the stock and do something with it and do something about management or something that management could do. >> let me flip it around. you just stated your returns which are extremely impressive by any metric. if you're looking at this as an investor thinking there are going to be major changes the way we do business in this country under a president trump what would you invest in based on that? would the top investment thesis be deregulation of wall street, deregulation of the oil industry. what would it be? >> well, to begin with, and i've spoken a lot about it and it's true. i own a refinery but that's not a major position for me. but i would tell you that what the epa has done is reprehensible and the way they have policed what they are doing. i'm not against the rfs, i'm not against the clean air act but i'm against the epa operated in it.
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and it's sort of unique -- the value for everyone. same thing. you have to reign in the epa and regulate it and if anyone knows that area, again at the risk of being immodest, i think i'm a smart guy. i've done a lot of work on these regulations which you have, and, therefore, i won't tell you go buy refineries tomorrow because there's a lot of other packages there, but i would say that you take -- you take companies in that refinery industry, not just mine that have been crippled by fiancee. and there are other areas like that in this country. now, if you -- if you have a business not perceiving their war with government by being over regulated, i really do
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think that's a great thing for our economy and it will create jobs because it will create investment. and then people come in and they keep saying oh, my god carl icahn owns a refinery, he shouldn't be allowed to advise. who should be allowed to advise if they don't know the industry. jaime dimon can't advice. i'm not telling donald who to appoint and, in fact, you know, they make a lot of the fact that pruitt got this job. i never knew pruitt. donald asked me to speak him to and i spoke to him a couple of times. i never knew pruitt. so some of the criticisms i find to be almost apparent. >> carl, let's switch gears a little bit. i want to talk about apple with
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you. you had been a shareholder of apple. you sold in april of last year. you sold primarily on china concerns. at this point when you take a look at the stock it's still trading at a pretty cheap valuation here. maybe the concerns of china are worse. i'm not sure. you said you expect a trade war with china. how do you look at the situation with china? is that enough for you to -- has things gotten worse, basically, under potential trump administration with china for to you say you know what i'm not going to go near stocks like an apple that may have significant dependence on china. >> i'm no great expert on china and i'm the wrong guy to ask. you know, we bought china -- we like to do them when nobody wants them, when there were problems there to some extent. that's what i do. i buy them when nobody wanted, it was on a downswing when i did it. and. people were negative. a lot of people negative on it. now the stock, we made a huge
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profit on it, obviously. and, by the way, the shell profited quite a bit. i think i was somewhat helpful in doing a major buy back when it was much lower and so, therefore, you know, i generally sell too soon. so in this case i don't think i sold it really too soon. i'm not the one to ask. i think it's a great company. and i think -- >> would you look at it again given the cash it's got and the potential easing up on repatriation. >> i wouldn't look at it unless it went a lot lower. that's me. >> just one last quick question. there was a rumor a couple of weeks back or maybe a week ago you were wrestling around in gilead. any truth in that? >> no. i don't think i can spell it. >> that's one reason not to be in. carl thanks so much for phoning in. always love to talk to you. >> sure thing and
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congratulations again. >> thanks so much. carl icahn of icahn enterprises. talked a lot about energy. >> he touched on a couple of things with refiners. refiners, it is border tax control. no one knows what that bothered adjustment tax will look like. that's why guys are staying away from refiners. real money made in service. as long as oil hangs around $50 sul see an increase in rates and drilling that will benefit that group. >> another stake he's got and been very aggressive on is aig. a year ago he was staying break this company up. systematically important financial institution and, therefore, what do you do now in the world? this played right into his hand. i'm not sure that's a company that will have the same kind of regulatory head wind. aig is up 10% since the election. a name he don't push hard on. paulson was behind that activist movement. >> in the spring carl talked about a reckoning for the
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market. he also said he didn't know the timing of it. all the fears he talked about then has not gone away and seems to be -- a lot of his fears seems to have been assuaged. the points he made in the spring or still foin cuss. >> apple celebrates the iphone 10th anniversary. if you bought the stock when the phone debuted you would be up a whopping 800%. is there still room to run? guy adami tested out one of the hottest fitness trends out there. so how did he do and can you profit? that's when "fast money" returns.
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welcome back to "fast money". we aren't the only ones celebrating a milestone this week. today marks the 10th birthday for the iphone. josh lipton is in san francisco with more. >> reporter: that's right. on january 9th, 2007, steve jobs took the stage at mac world to introduce what would become his
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company as flagship product. >> three things. a wide screen ipod with touch controls, a revolutionary mobile foerngs a phone and a break through internet device. >> reporter: he hailed the product as revolutionary and magical. apple has gone on to sell 650 billion dollars worth of iphones. in fiscal 2016 alone iphones generated revenue of $137 billion. there are more than 2 million available apps. when that device was introduced apple's market cap was under 75 billion. today 635 billion. there's debate about the hasn't future of the iphone franchise. iphone sales are coming off their first year of declines and analysts are forecasting meager growth ahead. that's why apple shareholders say the new phone fill a needs to be a hit. >> i hate to say it's the last chance but i think it could be a
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really important turning point for the company. so if they don't execute on this opportunity, i think they may just be relegated to, you know, a slow growth annuity type company. >> reporter: right now investors do appear optimistic. the stock has jumped 20% in the past six months and today it did touch a new 52 week high. there are estimated 300 million active iphones that are at least three years old. betting many users will upgrade when that next iphone is considered to. before i forget a very happy ten year anniversary of the from your friends here in san francisco. >> oh, thanks. thank you, josh. appreciate that. apple's iconic device changing the fabric of the stock. the market stock price soaring over the past ten years giving investors a whole lot to celebrate. could a new super cycle be ahead for the iphone. joining us now is
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editor-at-large at national. he's got the original iphone as well as the latest 7. >> i'm calling 2007 right now. hold on. >> are your getting through >> it's not getting through. the original iphone. >> i bet that joke didn't work back in 2007. >> no, it didn't. but i'll keep trying. >> beautiful new set. congratulations on ten years. >> that looks pretty good. the iphone 8 has got to be like leap years. >> it's interesting what they said. i do believe that a lot of people held back waiting for this next device. the design, this is the iphone 7, the design of the iphone hasn't changed in three generations. we have the 6, 6s and now the 7. this is expected to be something quite different. maybe thinner. maybe curves. toej edge glass going all the way around. doing a lot of different things to the device to make it as different as these two actually
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are. i don't know whether or not that will happen because one of the things to keep in mind, 2016 was a really interesting year in the mobile space. samsung had that problem with the battery and explosions and some people think that had to do with tolerances and making the device too thin. >> in terms of glass and curves and all that, the cosmetic changes wouldn't they have to pull out something very important in terms of battery technology. >> you think apple is afraid to pull stuff out. they are not afraid. let's look at the jack. oh, wait it's gone. they will remove. took ten years to do that. they will consider doing things. they will consider moving stuff, tightening stuff up. the usb c port won't necessarily be thinner. >> we actually tested the phone, the original versus the iphone 7 you did. the photos. let's take a look to see how the photos compare. >> i worked really hard.
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>> left one is which one? >> what's left. my left. >> the original is on the right. it's a marked difference. right? >> i didn't see that. >> sorry. >> the resolution is just -- you can even compare. there's so much technology, so many different technology changes here. high resolution screen. 3.2 mega pixel camera. faster. everything about it -- this guy doesn't even have bluetooth. >> that's crazy. but it was, you know, i talked about the first time i touched an iphone ten years ago and i felt the earth move because it was exactly as good as promised. i never had or touched a smartphone quite like it. and it did change things.
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>> amazing. thank you. >> my pleasure. i'm going back to my call. >> go to london bet yellow tooth and bluetooth in one shot. did i say that >> where are we in terms of you mr. apple. you also own every single -- >> here's my original iphone. real quickly. i think what lance said that people are waiting for this ten year design coming out in the fall you'll see in the guidance. >> i'm waiting. mine charges in five minutes. >> i know lance believes this the service side of their business is still something people are extremely excited about. it's almost like we know they will continue to develop this in line with where technology goes. it's a service business. the app store. apple pay is the one place where i'm not sure what the margins are but it's growing. >> iphones are not the only thing flying off the shelf.
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apple stock is flying off the shelf since the election. here's the deal. volume exploded specifically in calls, two times that of puts. two most active strikes were the january 13th next week exumpiration, 130 calls. january 20th regular exumpiration 120 call also 40,000 traded. that's like try to be momentum buyers just playing for that break out from the 52 week highs. i want to take you back to 2007. look at this. this was the day that steve jobs announced that iphone. it went up 8.5%. by the end of the month it gave back those gains. here's the chart of apple back in 2007. look at this thing. by the time they released the phone in june the stock was almost almost 60%. by the end of the year it was up about 125%. that's astounding when you think about it. here's that move. it's make agnew 52 week high
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right now. i just want to take you here. this is what traders are looking at this air pocket january 31st. about 5% in either direction. >> ever wonder how guy adami stays in tiptop shape? i know i do. well the secret to his success can lead to gains in your portfolio when "fast money" returns. ni lkmeouh firpt oer po i fererey wealabucpelees. wewolecc myd.
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ticathkiike? fh dict., muoptiinwith in? wealabucpelees. at'ssp wertolkyouromue o n thod tho thkiike? fh dict., muoptiinwith in? wealabucpelees.
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wh, but haer rg tadirectv now. stream all your entertainment! anywhere! anytime! can we lose the 'all'. there's no cbs and we don't have a ton of sports. anywhere, any... let's lose the 'anywhere, anytime' too. you can't download on-the-go, there's no dvr, yada yada yada. stream some stuff! somewhere! sometimes! you totally nailed that buddy. simple. don't let directv now limit your entertainment. only xfinity gives you more to stream to any screen.
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welcome back to "fast money" and our special tenth anniversary week. a lot has changed over the years but one thing stayed the same, guy adami. that's right. our very first show here at the nasdaq back in january of '07. decade has passed. how do you stay in great shape. >> watch this. i'm down in the west village at soulcycle. i'll find out why everybody is coming here and why spinning basically has taken the city by storm. will i be able to walk out of here this morning. >> it depends on what you mean by walk. >> we'll find out. let's go.
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>> talk to me about expansion. you said you just went no aspen earlier this week. tell me what your plans are. >> we've opened over the last couple of years 70 studios in 14 markets across the country. we've been incredibly excited to see the reception we've seen end houston, dallas, open in seattle in january, toronto in march and we're focused on the mission. >> i have to ask you we're cnbc have you considered an ipo. what is if there's an exit strategy. >> we filed for an ipo in 2015. we're in a holding pattern. >> your growth in your opinion international growth an option or just here domestically. >> we're excited about canada. we're looking at other markets in canada and focused on bringing this abroad. >> thanks for your time. >> welcome. we're excited to have you. that looked really hard.
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>> awesome. we should all soulcycle together. take a class. a "fast money" class. >> a way to celebrate our tenth. >> what's your fitness play, though? >> mine? not go to soulcycle. >> go to these guys. >> it's too tough to invest around fitness. you have to know these products. >> final trade next.
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>> time for the final trade. >> ten great years. google. >> pulte homes buy. >> retail stocks have not body. >> thanks for watching. see us tomorrow at 5:00 5:00 for more "fast." "mad money" starts right now. my mission is simple, to make you money. i'm here to level the playing field for all investors. there's always a bull market somewhere, and i promise to help you find it. "mad money" starts now. hey, i'm cramer. welcome to "mad money." welcome to cramerica. other people want to make friends. i'm just trying to make you some money. my job is not just to entertain but also to educate you. so call me at 1-800-743-cnbc or tweet me @jimcramer. we call the setup as in how are stocks set up going into events? today was all about the setup,

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