and let it ride or maybe let it liquidate a little. now is a pretty decent time to sell. if you already own berkshire hathaway and you know he won't live forever, i don't think this changes it very much. >> we have to go. we'll see you tomorrow. that does it for closing bell. "fast money" begins now. "fast money" starts right now. overlooking new york city times square. tonight on fast, a theory could be signaling trouble for the markets and we'll tell what you it is. plus, lions'gate is behind la la land. and the box office boom is just getting started. we'll hear what's in store for 2017. and why the surge in stock isn't stopping yet.

and gold is doing something it hasn't done in a year. we'll explain. and first, all three of the major indices in the red. the dow down for its sixth session as the trump rally takes a pause. look at the financials, getting crushed today more than 2%. but they had trans ports. the transports getting hit as well. that stock is down by more than 3%. all of this coming in response to president-elect's trump. with just days until the inauguration, is a trump trade unraveling? >> i don't think so. i thought the banks would go higher. today i was wrong. for the last couple days it's been wrong but a couple things are working. morgan stanley reported, look at the fixed income commodities number on. the revenues side, they beat by 50%. it was an excellent quarter. you're looking at a stock that election day was a $33.50 stock.

the highest it's been in probably seven years. this is look back revisionist history stuff. maybe a lot of people were waiting. number two, we have said all along, steve said this. brian said this for a long time that they're going to be tremendous hurdles in terms of what mr. trump wants to put forth for the financials. i still think the market will look past that. i think they'll say to themselves, i don't want to get caught holding the bag in april, may, when these stocks have rallied another 15, 20%. i didn't see this upcoming. i think it will be short-lived. and quickly, we're talking about an s&p 500 that's less than 1% off the all time high. >> which means we might have more to go. we have priced in an awful lot of good news here. if you look at what's happened, marchly with the banks. they were hardest hit. the yields have gone lower since the end of december. they talked about it declining.

so you have a relatively unstable market heading into the inauguration, everybody said, you guy election. you sell the inauguration. it would not surprise me to see this continue for a bit. that being. all our things being equal, if you have the dollar, and lower rates. that's very positive. >> it wasn't just selling and the stocks that got reflatd because of president-elect's victory. we saw the yields down. utilities were up. >> it was a defensive trade no two ways about it. the financials ran over 20%. can they keep that trajectory going? probably yes. short term, you're probably going to sell them. these are renters in these positions. what do i mean? short term holders. not your long term mutual if you

understand. pension fund. >> i thought that was what was reflating the financials. >> yes. by large vanilla institutions. not guys trying rip forward. rentaling a position in the business we call a short term hold. i think you can guy market. i think you can buy financials. i think you can buy energy. these are on waitings. not valuations. but yes. every so often you'll see sell-offs in both the spaces. >> to answer the question is the trump trade over? >> we didn't say over. >> is it unraveling? maybe a little for the short term. expectations all pointed out have been baked into these share games. so confusion in the marketplace. confusion about whether or not there's going to be something at the end of this beautiful rainbow that we have set up. are they going to be able to implement the tax cuts in a way that is effective? speedy, if you will. which is very important.

also, this border tax, you saw them rally on that news. it was confusing to the market. it showed they don't have a solution yet. they don't know. they talk a lot of talk but they don't know. in today's market, on the desk we saw lack of buy interest. in general. across the board. we didn't see selling and really going to the exits and blog out of position. we just saw complacency and we knew it was going to happen. it is an important week. we've got friday. people are seeing the way the cards fall. >> for me, that's why i think we can continue to see this go on. the fact we all agree, it makes me uncomfortable. we're talking about rain bows and unicorns. throws two things i don't like. let's call it a 3% sell-off or something. as long as there is no external event, then you're going to see the market rally from that. we saw earnings tonight. weak guidance. csx, not so great. you see the surprise index at

highs that we haven't seen since mid year. you're looking at a reversion to the mean right now. >> what has really changed? when i try look and step back, other than today. it was elected on the premise, the markets rallied on the premise there would be lower taxes and less regulation. i haven't heard them back off. i think the problem for the market was that he pushed forward with the repeal of obamacare as the number one priority. and the corporate tax as somewhere down the road. i think the markets were pricing in corporate tax along -- >> 70% of the move. no doubt about it. no question that investors right now are wondering what to do with their positions. if i saw -- i see fake news hit the headlines. banks, lackluster? it's not lackluster. nobody expected this past quarter's earnings.

let's say we have -- >> one at a time. >> it is sustainable. gdp. we've watched it. in the last eight years or so, let's even call it five years. gdp has been anemic, sub par growth. if you're looking at doubling of gdp. >> no way we're going on double it. >> tax cuts. >> tax cuts won't do it. >> come on. what's different? what's different is that we're seeing cracks in terms of congress. the will of the republican party to get something done. >> no cracks. no cracks. >> and the rest of the republican there's get in line and they'll make it a little more easy to digest. >> so you're hoping -- >> i'm not hoping. what signal have you seen that paul ryan or kevin brady will stand up to donald trump? it's political suicide.

>> that's fine but we don't know what form it will happen. in the meantime we got an earnings dose of reality from csx. >> this is running off the potential growth. the spike in the marketplace was based on earnings? no way. >> that doesn't materialize -- >> that's my point. if it is not coming through for now and we have this sort of lull in news flow. what are you trying -- >> what would you rather -- long. short. >> first short term. >> long or short. >> we have to wait and see what goldman sachs says. if you look at the fixed income quarter, it suggests that goldman sachs will crush it. i don't know what that means in terms of the stock. we've talked about the potential for a massive double. if you give me goldman sachs tomorrow, i think i can answer a lot better tomorrow afternoon. >> the trans ports are having a tough day.

we've mentioned csx. they're down more than 3%. the ceo making some bullish comments about the incoming administration just moments ago on "closing bell." >> i think it is for csx. they talked about more balance of regulatory environment, tax reform. they talked about infrastructure investment. the public and private. and talked about enhancing and increasing manufacturing jobs in the domestic economy. >> so do you buy the dip in the transport? what do you say, rich? >> that's exactly what you do here. i'm a believer in the reflationary rally. and the trans ports will be a key components. the day before the election, that's one of the best on the board. right back to the 50 day. very similar in the banks off

the top. one sub sector within the group that we really like are the airlines. we continue to like this group based on this technical symmetry here. look at this. multiyear trading range. the bear market decline. you break out in 2013 and you have a compelling full move here. history repeats itself. two-year trading range. 30% decline off the top. and now in very decisive fashion. buyers of the airlines. here's a great way to play it. alaska airlines. you can see the base of support. what i like about this set-up here. we retest break point here that key support. support on the pullback. and you reassert yourself. great way to play the airlines. we move to the trains. you talked about the disappointment out of csx, going to create a nice opportunity. once again, the weekly set-up. very similar to what you see in the airlines. 12 and 13. that 30% decline. this time around, a 40% decline off the top. a very similar head and

shoulders breakout. that's very compelling. you want to be a buyer on any weakness. into this neck line of support. you see that you are here. a lot of upside here even after the breakout. we move to the truckers. this is where we finish. a very nice technical breakout here on the weekly. you can see the stocks have been in a multiyear trading range. you're just breaking out. prices are moving higher in the fourth quarter. volume moving higher. we've seen many seasonal weakness to start the year but we expect to it pick up as we move into february and the spring. i've given you a plane, a train, and a truck. >> i think we have to invite him over. what do you think? >> come on down, rich ross. nick is going to bring in a chair. you showed as you part of it. we look at csx. do the charts look the same? and is this drop in csx temporary and not important in your view? >> look. every drop is important. keep in mind i think this will

be a temporary pull back from that standpoint that we've seen it surge in 2016. all on the back of this recovery. you're seeing the recovery in the sector as well. we think that continues. so yes. >> you can talk the technicals as did you very well. the problem that i'm worried about, they're lacking comps that are very difficult. they have higher wage prices right now. and we can't factor in that infrastructure play. so for me, out of the election, everything was bought. uniformly, everything was bought. based on a new regulatory environment. lower taxes. do you overlay anything on your plays, specifically rails, whether it be a commodity price or wages or anything else or do you rely specificly on the technicals? >> i don't like to overplay or cross the streams when it come to the fundamentals.

when you tie it in, you see what's going on in the commodities, in emerging markets and you see what's going on in currencies, all of is it supportive of this reflationary narrative and i think that plays into the hands of the things that i've been working here. he mentioned a market is going to work extremely well against the back drop if the dollar weakens and it comes down. it seem to work really well. for me that's a virtuous cycle. it mean it will go up. yields will go higher. the dollar will reassert itself and it will take this reflationary narrative with it. perhaps trade got ahead of itself. >> so bullish transports, bullish commodities. >> now it sounds like i'm an hysterical bull. >> i look at it. we talk about pricing. talk about increased pricing

next year. we were optimistic. maybe $10 cheaper. the upside has occurred in my opinion. i think there's a lot baked in. i just don't see the stocks really tearing up out of the gate. i think it is priced in in my opinion. >> i think there's a lot of talk about what's price in the and not priced in. so i think things are priced in. what we think we know about what's price in the is usually not the case as many of us know. things tend to overshoot. i think we are in an environment to overshoot to the upside. >> good to see you. coming up. will the sector finally become a trump play? we'll explain. plus, hitting a record high today. the company is a bubble stock and that makes him steaming mad. and later, gold is doing something it hasn't done since the beginning of last year.

even more gains to come for the precious metal.

welcome back to "fast

money." we just got the results of a new nbc news "wall street journal" poll in advance of donald trump's inauguration. and it underscores just how tough a challenge he faces in trying on build consensus and support for what he wants to do as president. first of all, the overall approval of donald trump's trans, just 44% say they approve of how he is handling preparing for the presidency. that compares to 71% of president obama as he prepared to take office in 2009. there's some broad agreement around the major priorities of donald trump. things like keeping jobs in the united states or getting tough on isis. when ask you how confident they are that he has the right goals for the presidency, just 30% have high confidence. and finally, this is, this pre figures an intense struggle on

capitol hill over who will be in charge. who does america want to set policy for the united states? only 28% say president-elect trump. 19% say republicans in congress. 41% say democrats in congress. now you can discount the frunl% because democrats have no power in the house and not very much in the senate. but the split between donald trump and republicans in congress indicates that the policy fights to come between those two. for example, it is going to be intense. we don't know how the fights will come out. we'll begin to get to watch on friday. >> thank you very much. >> half the country voted for donald trump. so i don't know if they oversampled california and new york. they're not consistent with the actual results we saw from the

election. if 28% of his way of leading the country then why did 50% of the country vote for him? so i think those flyover states had something to say and i think the polls are wrong. >> i knew you would get to that point but at the same time leading up to the election, traders trade asked strategists strategized. so do we glean anything? these the polls. >> it seem to me they forgot on call a bunch of people. you might say he has 28% approval rating. somebody voted for him. i think they missed a couple phone number. >> up more than a percent. up more than 5% in the first ten days of trading with only one down day so far. that was on january 6. gold won't a big tear.

>> so this all started today when donald trump tweeted dollar was too strong. what's interesting about this year is that you had gold strong the entire year while the dollar has been strong. that happens every once in a while. when that correlation goes to one, they trade together. those scenarios are higher interest rates and inflation. so i think that's what the gold market is telling you. it will get a boost from a weaker dollar but don't be afraid. >> it is also interesting that the bond market, they've been on the market for a little more than a month. we talked about when they were trading in the high one teens. specifically up to 125. today it is 122.60. i've thought this before. i think the gold market, you're in the stealth rally that nobody talked about until right this second.

>> tech is catching up to the rest of the market as they cozy up. this is suddenly a trump trade. you're watching "fast money." first in business worldwide. in the meantime, here's what else is coming up. >> when the money is coming your way, you don't ask any questions. >> and the money is coming into netflix. he says he is streaming out. what has him so bearish? plus -- >> i can't deny the fact that you like me. >> and investors can't deny the fact movies are a hot business again. and we've got the stock that is surging off the blowout box office.

quickly. what member of the doors? your insurance company

won't replace the full value of your totaled new car. the guy says you picked the wrong insurance plan. no, i picked the wrong insurance company. with liberty mutual new car replacement™, you won't have to worry about replacing your car because you'll get the full value back including depreciation. and if you have more than one liberty mutual policy, you qualify for a multi-policy discount, saving you money on your car and home coverage. call for a free quote today. liberty stands with you™.

liberty mutual insurance. welcome back to "fast money." netflix soaring to a record high in the same day this davidine horne said it is in a bubble. plus, a retro year for the box office and one stop in particular that's really cashing in. plus, alphabet seems to be cozying up to trump. this is as they made their dissituation the president-elect known. hey, josh. >> reporter: that's right. donald trump was not tech's choice for president. his views on a range of issues from immigration to climate change, he alienated left leaning tech employees is that

none more so than those who work at alphabet. during the election employees donated just $20,000 to trump. for hillary clinton, $1.6 million. it wasn't just donations. there was a revolving door during obama president swi 22 former white house officials leaving the obama administration to work for google. bengal if a bet executive chairman eric schmidt met with the current chairman who e-mailed that schmidt was ready to fund, advise and recruit talent. alphabet could use a friend in the white house given thele shoes such as privacy, anti-trust issues and the moon shots like self-driving cars, the cfo just talked about those moon shot with our very own andrew ross sorkin. >> we are continuing to invest for the long run. that doesn't mean you can take pass on how you're doing it. because our view, success is as

much about what you do as what you stop doing. so prioritization becomes key. >> alphabet is clearly trying build a relationship with trump. schmidt has been very visible at trump tower. visiting at least twice so far. alphabet's ceo larry page recently joined other tech leaders and a meeting with the president-elect. and while the relationship with trump is up certain, it does have plenty of conservative friends on capitol hill. in 2016 the political action committee donated $1.5 million to federal dwats nearly 60% directed to republicans. >> we're making a big deal out of alphabet but trump also needs them. he recently hosted a bunch of sea level executives at trump tower and he came out pretty glowing as well. >> i think it goes both ways. you're right. i don't think he wants to cut himself off from some of the most dynamic and innovative work going on in silicon valley.

and listen, he looks at his own son-in-law. his brother josh kushner runs the widely regarded. >> thank you, josh, in san francisco. all of this as tech has had a bit of a bump. the stocks have started out strong driving the nasdaq to new record highs. this after they underperformed the market. could it be that the tech is new, is the new trump trade? what do you say? >> i think it could be. i apologize. you look at alphabet, for example. i think valuation wise, it is reasonable. on a gap base i and i hear him. if you look at the eps growth, the valuation, look at the stock just recently made an all time high. they reported on january 26. i don't think it is a stock you want to be short in earnings with. is it going to be tech friendly?

i don't understand the answer. can it grow into a new valuization? the answer is yes. >> i think for the new term for me. 30 days. i would rather own tech over the financials. i think tech has less headline risk. i think you will see money flow in. i think there may be confusion in the financials. but for the long term, if all goes right and we'll read the tea leaves as we move forward. i think the financials have an opportunity to massively outperform technology. >> if you go everyone is huddled up, curled up in a corner, you go with, utilities led today. i can't see a world when utility there's lead when we're entering with a new president and a new era. the bloom is not off the rose just yet. there is always a place for tech. tech is your growth environment and i think that president-elect trump's bark has turned out to

be less than his bite. after that meeting, the stocks all ran. >> these stocks are where serve trying to find the growth. they may not have the profits. you have to be worried about that. you look at it. they have not resolved the fake news issue. all it takes is one tweet and facebook goes down 5 or 10%. so a huge, huge risk. i don't know if these are trump's best friend. i would argue they're not. >> the short answer is probably yes. >> i would argue one point about that. taking a hit, 10% if there's one negative headline. it is not the core holders blowing out the stock. they think model is broken. it is the buyers just walking away. >> maybe the model is broken. >> the focus today is not tech. his poster child is still

biotech. still health care. still pricing. still margins. he brags about it. that's where you get real risk. >> one trader is over for the streaming giant. plus, lionsgate la la land won seven golden globes. more than any in history. how the companies bet on the box office is paying off. off. bp engineers use underwater robots, so they can keep watch over operations below the sea, even from thousands of feet above. because safety is never being satisfied. and always working to be better.

mobility is very important to me. that's why i use e*trade mobile. it's on all my mobile devices, so it suits my mobile lifestyle. and it keeps my investments fully mobile... even when i'm on the move. sign up at etrade.com and get up to six hundred dollars.

welcome back to "fast money." they agreed on a $50 million merger. all rallying to boost consumer staples stocks. can they set the sector on fire? >> i think they can continue to move higher. think about what is the usual head winds for tobacco names? regulation and taxes. and i think both of those take back seat. when you see the activity like this, you shrink the size of the competitors. it is about vapor any way. smokeless tobacco so it is a healthier tobacco. so i think it is moving in the right direction and there's

probably still more profits left. >> so tobacco specific or staples in general? >> i think staples. for the short term. you want to hide out? i think staples in general. that will do well. that's where you can hide out for the time being. >> forced to choose. >> well, would you rather. >> over! >> i like that. right now, bonds. tlt ahead of staples. i think there's room. that's a tough one. time for the call of the day. netflix hitting the high. adding netflix to his bubble basket in his annual letter to

shareholders. this follows run-up. nearly 7% in the past year. it is poorly positioned for a donald trump presidency where he thinks they can skip the valuization. does einhorn have the case? >> i have a tremendous amount of respect for him. we happen to disagree. i think they'll blow out the subs. neal subs specifically. if you remember the last quarter. roughly, i think the number was $2 million. they came in at 3.2. this quarter, 3.85 estimates. the streets whispering roughly $4 million. it could be a real blowout. i don't see any reason they can't. the fourth quarter is the second seasonally. we'll hear more about it. i think it is super important to keep in mind. the markets were negative or going to be negative. they'll be up a little bit marginally. up 4% this year.

but really going to ramp up this year in the outer year. i look at that and say i hope we get a pathway on that. >> i'm going to give you two reasons. i agree einhorn. the first is competition matters. there are so many choices out there. we've had a tremendous run in netflix already. >> they have to pay so much. >> i like the product. >> focus on what's good. you forget it. this will come out wrong. it is like paying for toilet paper. a necessary evil. you have to do it. >> you watch tv very differently than me. >> they have pricing power. they're the brand.

they're going to have -- >> [ inaudible ]. >> all at the same time. >> they went through a very difficult third quarter. we were expecting it to be a little bit dicey. it came out blue numbers out. that contribution, negative 10% last year. took hit of like $300 million. we're talking about a gain of 500 million. they'll ramp significantly. this stock will work. if it doesn't, it will get taken out. >> the other thing is that this is a very high valuation stock. it won't benefit are corporate taxes. it doesn't make a profit. it sounds like he's talking more of the trade. you're talking about the netflix. i get it. valuation is going to knock on this forever. i'll push back and say this. with two exceptions that i can

remember. er reed hastings has not missed a beat. he's done everything right. as a matter of fact today stock made an all time high. so everything that happened in 2015 has been erased in one fell swoop. given that, you have all kinds of chatter. whether it is true or not, i'm a big believer where there's smoke there's fire. i heard about disney being interested months ago. now facebook name comes out. i'm not sure anything would happen and the deal would be valuation wise. and price wise, ridiculous. there's clearly something going on. >> that's one of his caveat to the short. >> that's a huge caveat. >> and i signed up for it this weekend. >> and toilet paper. >> einhorn is not the only one with the bearish view. mike joins us in austin to break down the action. >> we did see two times the average daily options volume. the bears were edging out the bulls. where we saw the activity, i saw

now, i would make the quick point though that the options are actually relatively cheap going into earnings. normally this stock moves about 13.3% the day after earnings. right now it is only implying a move of about 9%. it is the right way to do it. we made the bullish call so we're with seaberg on this. check out the full show. 5:30 eastern on fridays. coming up interesting u.s. box office enjoyed a banner year thanks to nearly $1 billion from rogue one. but will it help in 2017?

hey nicole. hey! i just wanted to thank your support team for walking me through my first options trade. we only do it for everyone gary. well, i feel pretty smart. well, we're all about educating people on options strategies. well, don't worry, i won't let this accomplishment go to my head. i'm still the same old gary. wait, you forgot your french dictionary. oh, mucho gracias. get help on options trading with thinkorswim, only at td ameritrade. and the wolf huffed like you do sometimes, grandpa? well, when you have copd, it can be hard to breathe. it can be hard to get air out, which can make it hard to get air in. so i talked to my doctor. she said... symbicort could help you breathe better, starting within 5 minutes. symbicort doesn't replace a rescue inhaler for sudden symptoms. symbicort helps provide significant improvement of your lung function.

symbicort is for copd, including chronic bronchitis and emphysema. it should not be taken more than twice a day. symbicort contains formoterol. medicines like formoterol increase the risk of death from asthma problems. symbicort may increase your risk of lung infections, osteoporosis, and some eye problems. you should tell your doctor if you have a heart condition or high blood pressure before taking it. symbicort could mean a day with better breathing. watch out, piggies! (child giggles) symbicort. breathe better starting within 5 minutes. get symbicort free for up to one year. visit saveonsymbicort.com today to learn more.

did you know slow internet can actually hold your business back? say goodbye to slow downloads, slow backups, slow everything. comcast business offers blazing fast and reliable internet that's over 6 times faster than slow internet from the phone company. say hello to internet speeds up to 250 mbps. and add phone and tv for only $34.90 more a month. call today. comcast business. built for business.

helping drive 2016's domestic box office to a record yearful will 2017 receive similar results? hey, julia. >> that's right. this past weekend saw "rogue one" top $500 million domestically and nearly a billion dollars worldwide. it is the number one release last year giving disney top three films last year including finding dori and civil war. disney has seven of the top 12 films of 2016. disney is helping drive the total box office to record highs. 11.4 billion in north america. up 2.2% from 2015. the analyst says this year could be another record thanks to a number of highly anticipated sequels. beauty and the beast, pirates of the caribbean and guardians of the galaxy sequel as well as the next installation of the "star

wars" saga. sequels to fast and furious and 50 shades of gray. warner brothers has the highly anticipated wonder woman as well as the lego batman movie. we've already seen one big hit, la la land which got a boost from its record film. melissa? >> all right. thank you very much. "la la land" seven gold wins more than any in history. they plan to release this in china next month. how else will it maintain momentum in 2017 had joining to us answer that question. >> nice to see you as well. >> congratulations on the seven golden globes. that's extraordinary. what does that tell you in materials of the longevity of how much money la la land can make beyond just the theatrical release in the united states? >> well, we were really pleased,

ziggy runs it in the u.k. to a higher number than the first hunger games. so that was very encouraging. and a bunch of nominations. we won a bunch of golden globes. we have oscar nominations and we're hopeful to get a few of those. and it keeps building its auns. we did more box office domestically than the weekend before. so far so good. >> china is a major market for you. you're coming off the biggest year of the chinese box office. in terms of trump and potential trade war, let's call it, with china. is that a concern of yours at all in terms of maintaining a relationship in order the continue releasing films there? >> well, we feel very good about what's happening in china for us. last year, our box office in clean was up 65%. we have a mid-february release

for "la la land" there. we think it will do very well. i can't comment about whether we'll get in the trade war or a bunch of rhetoric. with you the content business is quite good. and it is an export that we have over here that does terrifically well around the world. >> we were having a very spirited discussion. we've had several of them. special when i the deal coming up for approval. whether or not content producers need to own or be part of some sort of distribution company. where do you see consolidation in the industry? this year? >> you know, we had an investor day. it was very interesting to listen to gordy crawford, to go to our website and listen to that. we have about four hours of dialogue about lionsgate. but again, they talked about predator versus prey and we're on the food chain content versus

distribution. we like the place we are right now. no matter what the technology, no matter whether it is a streaming service or linear programming or an app. again, the plan that we came out with. everybody talks about the overnight sensation. we came up with a pretty sim many strategy. to be the benevolent arms dealer. so 16,000 in our library. a ton of new television shows. showtime that just got announced, which is quite famous. we have a show with netflix. again, between stars television budget, our television budget, the linesgate side. close to $2 billion. maybe not up to netflix budget but a significant number of new content. all thesezn4 new mat forms. we think we're in the right

place at the right time. >> thanks for chatting with us. you started on answer the bundle question. do you fear the king of content, disney, has the thorn in its side of espn? in a zero bundle, fat or skinny, do you think about it that way? >> well, we like the idea of the ability to take, if you look at stars, which we thought was an under appreciated asset. and we thought the man that they had there was the right plan. to focus on specific demographics and go after those. whether you're paying for stars and watching it in a traditional bubble or going direct and buying the app or buying it directly or going through amazon. the idea is we're trig to get that product to as many

different could n different constituencies. we're making a point to the consumer. >> i should know the answer but i don't. does the stock language wish in 2016 after a tremendous run. does the street understand the synergies which i think got finalized in early december. >> yes. people are setting in. there was an interesting report from bernstein today, talking about what consumers think about the stars' product. we thought it was under pressured. so what we told the ratings, tweld street. we're focusing first on it before we talk about stock buybacks or dividends.

as our cfo has said publicly, we'll take it down a turn to a turn and a half. >> great to speak with you. thanks for your time. >> i hope you saw la la land. just terrific. >> not yet. it is high on the list. >> michael burns. vice chairman of lionsgate. apparently everybody has seen it in the world except me. you want to be the number one arms dealer. >> that's the bull market. that's the case for netflix. if you have content, they can demand whatever they want. >> i think it is, i love that they talk about deleveraging. i like disney. really warmed up to disney. >> we talked about it. the par as a support lever.

a worry about of disney. now it's at 108 or so. so you can still own it. but leak i said. if you think, if there is a henlt of espn coming pack to the bear side of it. you will see disney come back in. lionsgate. it will outperform. when it is on the way up, a stock like disney. >> we've been talking to michael burns for a long time. >> ten years. >> you started in, eight years in march. amazing. and it just about coincided when it was an $8 stock. and once or twice a month, he came on. we stuck by him then. >> do you now? >> i do. it seemingly got its foot underneath it them report on or

about february 9. here's the stock that i think 2017 will be very kind to them. >> coming up, guy is behind one tech stock that he says he sold off too fast.

♪ we're drowning in information. where, in all of this, is the stuff that matters? the stakes are so high, your finances, your future. how do you solve this?

you don't. you partner with a firm that advises governments and the fortune 500, and, can deliver insight person to person, on what matters to you. morgan stanley.

coming up, looking for a glimpse into security. next, top of the hour on "mad money." time for the final trade. let's go around the horn. >> walmart is my final trade. two of the things that scooped walmart were originally way back when when the minimum wage discussion was at the forefront. i think that goes away with president-elect donald trump. and also the border tax adjustment. we heard today that it will be watered down at best. too complicated. both those things are at the wind of walmart. wmt. walmart. >> netflix. i have to go with it. i think they'll have a great international guy. i look at netflix and say it's a stock going into the quarter. >> tweeter in cheek. you bought the pepsi cola.

>> so qualcomm today. anti-trust issues. they just responded to it and said the complaint is based on that. >> thanks for watching. see you back here tomorrow at 5:00. don't go anywhere. "mad money" starts now. anywher with jim crime e starts now. my mission is simple, to make you money. i'm here to level the playing field for all investors. there is 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." well coal to cramerica. other people want to make friends, i'm trying to make you money. my job is not just to entertain but educate so-call me at 800-743-cnbc or tweet m me @jimcramer, if you keep riding the trump rally, fin