tv Fast Money CNBC March 22, 2017 5:00pm-6:01pm EDT
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middleman who they say helped north korea execute that theft. one of the biggest in modern history. back to you. >> yeah. destabilizin destabilizing, too, for the banking industry. thank you today. see you tomorrow. that does it for us on closing bell. "fast money" begins right now. "fast money" starts right now. i'm melissa lee. a correct is coming, according to julian emanuel. plus, snap is soaring. is it just the beginning of snap's big comeback? the analyst minld big call is here to explain why he is so bullish. and later, a smack down. there's a beaten down, one is pushing the buyback. he has the name of the trade.
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first looming health care vote still scheduled for tomorrow. let's get to all the details. >> reporter: it is developing but at this hour, the vote count for the american health care sacramento fragile at best. in the laugh hour, republicans have been taking to twitter and issuing statements to either reaif i recall what was already a no position or in some cases, establishing new no votes. that was the case for iowa congressman dave young who just put on a statement moments ago saying the bill is a very good start but it does not yet get it right. for that reason he cannot yet support it. all of this despite full-court press from the white house. the best efforts today as the president met with some 18 whips, deputies and supporters of the bill. and then also high level staff and cabinet members meeting with the house freedom caucus. that meeting was base clay who's who of the president's closest advisers. and then the budget director, mulvany and hhs secretary tom
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price. according to one attendee, dave brooks, he said that the focus seemed to be on getting health care out of way, instead of his words, getting it right. as the freedom caucus makes its last dix efforts overnight and tomorrow to make some substantive changes to the bill, the white house secretary sean spicer says there is no plan b. >> is there a plan b? >> there is no plan b. there's plan a and plan a. we're going to get this done. >> so you're confident, 100% confident? >> we're going to get it done. plain and simple. >> plain and simple. there could be a new wrench thrown into the mix. we're expecting a new score from the congressional budget office. a new estimate of how many people would lose insurance. how much the bill would cost. and one brink ways and means chairman is not going on narrow the deficit by as much as the previous bill. so how will republicans take to that? will the debate change tomorrow?
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and what does it mean for the overaller vote count. >> the markets seem to be rallying. the volatility index continues higher. does the vote go through? what happens to the market if it does not? pete? >> would you expect to see the volatility start to move around a little bit. even yesterday at the highs, we were the just over 13. you look at the moving average, we have not been above that for an extremely long period of time. because there's been so little movement. we talked about the 1%. we finally got that. you look at the 200 moving day. i would have expected today to start creeping back, to push right on there. we did come back little bit in volatility. we pushed a little higher but we're still well underneath 13. i'm a little bit surprised and it says something about the segment of the market. >> i look at almost every major asset class. small caps, they haven't traded
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through this key level. they've done it once. you have to go all the way back to 2015 when we went into that blood bath. xlf financials for sure. we talked about it. that was the story earlier in the week. and then rates west break this 230 level. you haven't seen this kind of a move. it goes all the way back even before we see the fed in place. this tells me markets, they are in a place where there hasn't been enough volatility. i think it is, markets are trading on the kind of stuff trading into the election. approval polls, i think people are nervous. >> were you surprise in the terms of being kind of flat and giving yesterday pretty much close at the lows of the session? >> and we didn't really see any movement this health care bill at all today. so there wasn't any new news to move the market. s this is a very big deal, not
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just because of health care. and the narrower the market has been. trump wins. 38 be able to run the tables and do whatever they want. if that narrative breaks, then the market could be in trouble. so i think we've done a good job. we're talking about buying protection. and vix is the lowest. still relatively low. not so bad to buy some protection here. if they can't get this done, the idea of donald trump, the deal maker, starts to fade a bit. >> i'm not a political theorist saying this is completely a guess on my part. i think it gets passed tomorrow in the house. i think you will see a knee jerk rally in the moorkt tarket on t of it. when it is, i have no idea. but i think that's how it lines up. everything stopped in terms of technical levels. 160 seems to be holding. the russell seems to have held 130 for now. closed green on the day. to me that's an encouraging sign. if you're asking me what he will
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happen tomorrow, i think the vote gets passed. >> i covered some shorts. if you trade, it has to be what guy said. i think they have no choice but to get this deal done. first, a reconciliation process. the senate will come through. there will be the difference between two houses and you'll ends one a bill to the president that i think they have to get done. otherwise they don't get fiscal budget 2017 done. as brian said, it calls into question so much of what people have invested so much of their faith on this administration. >> you've been trading the health care names at all? >> less health care names and a lot more the financial names. i've gotten much more aggressive. they've been hitting so hard. i think that we'll get a knee jerk reaction to the upside. and i think the financials will be one of those that retact most. peep are basing this on the agenda, as you talked about. if the agenda can't get through, that's a real major hit to the
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trump administration. they have to get this thing moving i've seen so much paper on bank of america, so much paper on citi, in the last week in the xlf that it gave me an opportunity. >> if it is really down to the wire, it passes by just a handful of votes, does that impact how big that market reaction is? >> i think if it is going on pass, it will only be by a handful. >> and that's a knee jerk? >> yes. that's what i think. in materials of health care, i think pfizer drug has traded really well ever since they reported earnings on the same day it turns out that president trump talked about speeding up things with the fda. i thought that was incredibly bullish. they haven't trade that had way necessarily. if you're asking me, i think big cap pharma works. >> for more, staying health care vote could be the catalyst that triggers a correction.
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is it really that important? this vote on thursday is that that whether or not we see resumption of the sell-off we saw yesterday will depend on that one vote? >> in the last 48 hours, the market has decide that this vote is the catalyst. our actual call originally was not predicated on this vote specifically. it was predicated on the fact when we went in the past, when the fed has hiked in quarters where the gdp is as weak as it is turning out now. in every case, the market sold off in the near term. we agree with this idea that volatility is way too low. the price of certainty is far too robust given that the economy is in a soft patch. given the fact earnings look too aggressive to us and oh 10% consensus growth. so at almost 19 times, we think there's a risk reset here regardless of how the vote ends
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up. we think there's a knee jerk reaction to the upside. but then a recessment. >> regardless of how the vote turns out. up or down. there will be a knee jerk reaction. >> there will be a reaction to the upside. but it is not going to be of duration. it will be met by selling. again, you have these other uncertainties with regard to the economy, with regard to if the data continues to show weak on the consumption side, there's a chance of thinking about a policy. >> i realize that consumption has been weak. we've seen reasonable industrial data. okay retail sales, housing sectors on fire, confidence is alive and well. what's going on with the economy? what you're saying makes sense except for that hasn't been stopping the market for a long time. >> no question about it. you look back over the last several years when the industrial date was weak, when
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housing was okay, the consumer is 70% of the economy. and if the consumer for some reason continues to be soft, that's a cause for concern. for us the other cause for concern is that bank lending has slowed down last several months. that's completely inconsistent with the levels of confidence we see from small businesses and ceos. >> so when you say correction coming, this is a temporary phenomenon. are you saying we might have the highs for the year? or 5 to 10% and we're back on the bull market again. >> 5 to 10%. if you look at last three or four years, every six months or so, you've had this time of risk reset. the money that has come late. for people who have dry powder, it will be a very good buying opportunity.
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we were talking about the vix and he said typically it doesn't peak at 13. it will go higher. >> 1% is a 16 fix. if we're moving 1% on the day. when we talk about it being low, it's low. and at the very beginning of march. >> we should get used to it. >> i think we will start seeing a little more of that as mr. trump and this presidency starts laying out their plans. >> what did you do today? >> i bought silver. i bought silver and gold yesterday. a little more today. when i look at what the currency sxharkts dollar was doing, it looks like we might get a little weakness there. it might appear to be, both silver and gold. it gives me protection that there is a correction. peel may want to go to that safety trade.
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>> i'm looking at the silver. i'm protecting to the down side. it is bucking. if you think about what oil has been doing, this is a correlation. we have to look at oil and decide what it will do to credit what it might do to banks. if the fed will push too hard, i think julian was at least expressing some concern. it is really testing levels it hasn't seen. i would rather be protected. >> had they've talked about it since the beginning of last year. it did that yoda lousy tape. and it went up a percent and a half today. that has been pete's mantra. if you look at i, it is on the version of break out of a sideways to up price action over the last six months.
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bargain hunting for one name he says it is safe to own. plus, snap bouncing back. the man behind the call is here to explain why he is betting on a 40% jump for the social media company. and the rematch of the century. pete najarian is back to take on six-time winning champ guy adami. nvidia the dark horse takes down gool.
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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. i think the second half of the year will be much stronger than the first. i think what we've done every year is to demonstrate, we play the long game. and our shareholders have nbeen rewarded in the past. and i think the ability to lead the company into the future, we could not be in better hands. >> that was outgoing ceo howard schultz speaking about the starbucks stock performance. the stock down nearly 6%. but is it about to make a
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comeback? >> i think it might. so first of all, you never want to bet against howard schultz. while he is the outgoing ceo, he is still at the company. so he is part of the day to day. don't bet against him. 54 is great support on this. you have great risk reward. and flul three, an article the other day that talked about onlike ordering, the apps like guy uses to order your coffee has created chaos at the stores is so busy. it is never been he a bad thing to have too many customers. they'll figure it out. >> i was talking to jim cramer today on power lunch. and he said they were trying to redesign the stores. the stores they redesigned, they figured out that problem where peel aren't standing around for their mobile orders while they're watching people walking through doors getting their orders first. >> if you think about the long plan, ultimately you have a case
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where you have a guy running the company is an operational genius. this is what he does. this is a company entering the next phase. this is out there with mcdonald's. maybe that sounds like they've been out there a long time. but this is a global franl clis , franchise. i've been a long term shareholder. the valuation doesn't bother me. and the company that has plenty of places to extract value, including their online, they're growing. it is all there. >> you may love howard schultz of but do you love kevin johnson? >> i love what you did there. tim made a point. one time he called a howard schultz charles. >> so who would be the johnson that would you refer to? >> anyway. a pause there. >> and i'll pick up on that awkward silence. his ability to run starbucks
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over the next five to ten years, i'm sure he'll do an amazing job. i think the valuation at 21 times forward serngs reasonable of he's leaving in april. i think the report is april 27. would it surprise anyone to see him leave with the stock at an all time high which is about 11 or 12% from where we currently are. >> 11% higher from where it is now? >> from now to the best day to. see the stock trade. to have him leave at an all time high. >> that's a big bet. that's a big call. >> i bottwouldn't be surprised e goes out on a high note. >> herculean, in the next couple weeks. he's walking around april 22 or
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23rd. >> i think what you the want to hang your hat on is their expansion possibilities. they talked today very, very in depth about how much they would expand. globely and everywhere else and in food. when you look at the goals they set out long ago, a huge push today about lunch. when you look at all this, i think you have to look at this company and say, they have figured out how to be a little more diverse. they have a growing area and that will be in food. >> do you like the food? >> i don't like the coffee, i don't like the food. but i eat it. >> every discretionary dollar have any starbucks. thank you. >> howard schultz and incoming kevin johnson with cramer on "mad money" tonight cnbc. still ahead, the financials are getting crushed. you're watching "fast money" on cnbc, first in business worldwide.
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in the meantime, here's what else is coming up on "fast." >> it's a bird, it's a plane. >> no. it is shares of snap. easier to explain why he is so bullish on the beat 81 down ipo. plus, the last time guy faced up against neat "fast money" madness, this happened. but pete has been working on some new moves and he will seek his revenge.
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home builders have been one of the hot he was of the year. and one trader is betting more than a million bucks. we'll tell him what has him so bullish. ? later, pall versus nvidia. only one can be named the better buy right now. pete najarian will go up against six time champ guy adami in what is sure to be the rematch of the century. >> he will knock him off the throne. >> why did my bathroom come into this conversation? >> you said it. >> i'm minding my business. >> i'm minding my own business. we start off with financials. >> fantastic. down nearly 5% and now nearly flat for 2017 after the epic rally informing the election.
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hey, dom. >> the markets may be showing some signs of stableation after yesterday's losses but financials still remain an underperformer and they remain far and away the worst performing sector in the s&p 500 over the last trading week. stocks were among the biggest gains in trump rally so it makes sense there could be a pullback. one in particular that has been seeing lots of action. the trading has been fast and furious. among hardest hits are names like zion, key korms, sun trust. and the volume surge is very evident as well. if you check out the spider regional bank. ticker kre. on average over the last 60 trading days, this trades around 7 million shares a day. yesterday it traded over 28 million shares.
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today, trading wasn't as fear but still over twice normal volume. the interest rate markets will be key to watch. and if that spread between two year and ten-year treasury yields continues to fall, we could see even more weakness in the banks. so it could speak volumes as well. >> all right. thank you very much. let's trade the financials. i think you on my right bulls. >> two nights in a row for me. now we're in my price point where i think you can own it. and i realize the yield curve has flattened. the banks have done very well. and i think you have a case where lending has improved across the sector.
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people are betting the next thing. in terms of of loans, yes, there are housing loans. but commercial is falling. that's what concerns me most about the banks. if commercial and industrial loans weren't falling, i would get more bullish on the banks. >> you're telling never economy is about to go into a tail spin. >> we're getting a lot of data. to me the economy as being on the edge of going down is not the call that we've been getting from macro data. >> i don't believe i said the economy is in a tail spin. if you believe that, it will get a lot worse for the banks.
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everything else we're seeing in terms of macro. >> you're just saying not higher. revv blmpb er we have the economy starting to roll over. it doesn't 19 world is falling apart. >> and there's a spread that has been narrower since the election. you wonder if the fed is hiking it. >> i thought it was -- >> this is your fast pitch. >> they beat me on the opening round and i'm still bitter about it. >> you know. >> with that said, 225. i thought needed to hold.
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you need a couple days for goldman sachs to get back on the horse for the financials to get back on their horse. >> before we jump completely off this. we've had two days of a sell-off for the most part of financials after this consolidation. i'm not sure i want to completely leave this trade because of two days. so we'll see. >> and we've got earnings coming up. not that far away. forget deregulation for a moment. >> so to settle it, let's go off the chart to scott. what do you see? >> well, first of all, i don't think the trade is broken. i just think it changed. ever since president trump was elected, you can see this trade ignited. boom. very fast trade. then it consolidated and had follow through. so what trade has been following is this accelerated trend. you didn't have a lot of time to
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get invested in the banks. right here on president trump's speech, we call that an exhaustion gap. sfims means the excitement got overexcited. and then right here, the 8 and 21 day broke. and all you're seeing is a correction. so at this particular point, this accelerated trend is broken in the xlf. that just means it has a little more to prove and the speed might be slower. so what i want to do is show you a chart that i looked at today. i think it has a big opportunity to buy, which did i this morning. bank of america. you will see it looks pretty much like the xlf. it ignited here. booxt as soon as president trump was elected. and this was an accelerated trend. you have to buy it he have time. some might have made some money short. so you see big support. today around 22.60 and we'll see what kind can of bounce happens.
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maybe tomorrow on health care. if it gets rejected at the 50 day, then we'll see if there's any broader ramifications. this could turn into a head and shoulders. and this is probably bigger problems for the overall market in the banks and that will tell us whether or not it is really broken versus just slowing down. one other thing i want to go over. the small caps. they ignited the same time bank does and they lost home rthat. that's the ignition. had fast and furious trend to the side. it made a lower high and then look at that right there. i do agree this is big time support so it is worth a trade. i did not buy it today but if we try to bounce, it gets rejected at the 50 day. this could turn into a head and
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shoulders. that could mean a bigger correction. people are saying we could be down 5%, 10%. so it is a bit of a bounce. we'll see if it is rejected or if the moving averages get reclaimed. scott, good to see you. guy adami, you can interpret those yourself. it seems like we're at a critical juncture. >> interestingly enough, scott's charts, it reminds me of what carter was saying weeks ago. now right now carter is appearing to be correct in his there are assertation. i think they're building a base. my concern again, i'll say, goldman sachs to me is the lynchpin. as long as it stays above 225, i think it is intact. so i guess i would side with scott this one. >> i think he brings up really good points. you just had a cooling off period. go back five years and look where we went for a long time
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with the s&p 500. agree if small caps break down, it is a bad sign. >> yesterday someone went out as the market was falling apart. they were early and i followed it. what did they do? they bought 55,000 of the june 24 calls. you're going to be able to wade through. i think eventually, has the $30 stock. i think it is going higher along with goldman sachs. >> let's go to the home builders. one chart is betting a million dollars that it will rage on. >> so had today they were reaching out and buying the january 38 call. they spent 60 cents for 24,000 of zmoes those are making a
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substantially bullish bet that itb will be at the 60 cents they paid. volcano still low. therefore options are cheap. you don't necessarily have to buy puts. you can also go out and buy calls like the itb and the bank of america pete was talking about. >> if you're negative on financials which you are. this trade goes out the january so you have a lot of time. you can let the market and the economy develop and you'll have a better snenls three months or six months, what's going on. >> i'm in one. anaheim beeser. so i've owned the calls there a long time. what i like about what's going on, the potential of deregulation, they talk about how much that adds to their cost
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as well. if anything happens in a positive way there, that limb pact them as well. >> all right. thanks. for more, check out options action at 5:30 on fridays eastern time. the company received the second buy rating since going public. you won't believe how high they see it going in the next year. we'll talk to the man himself. plus, besties turn frenemiefren. can pete dethrone the six-time winner? we'll let you be the judge. you're watching "fast money." [pony neighing] what? hey gary. oh. what's with the dog-sized horse? i'm crazy stressed trying to figure out this complex trade so i brought in my comfort pony, warren, to help me deal. isn't that right warren? well, you could get support from thinkorswim's in-app chat.
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it lets you chat and share your screen directly with a live person right from the app, so you don't need a comfort pony. oh, so what about my motivational meerkat? in-app chat on thinkorswim. only at td ameritrade. your insurance on time. tap one little bumper, and up go your rates. what good is having insurance if you get punished for using it? news flash: nobody's perfect. for drivers with accident forgiveness, liberty mutual won't raise your rates due to your first accident. and if you do have an accident, our claims centers are available to assist you 24/7. call for a free quote today. liberty stands with you™ liberty mutual insurance
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row. 45 seconds on the clock. go ahead. >> so i'll pull up my little nvidia chart. you're familiar with a guy named jerry bailey. yes or no. >> no. >> as he jockey. why do i bring that up? sometimes a jockey will ride a bunch of different horses. but then one certain horse they have to choose. i was asked to choose between google and nvidia. i chose nvidia. why? i think there's more upside. jim cramer was talking about it. he said look at these professional gaming leagues. it is all about a.i., this automated car. look what happened with intel and mobile eye. i'm not saying nvidia will be bought out but they're on the precipice of doing something huge in this space. so i think although google is an amazing company. amazing. i think will nvidia has more. >> seven time champion -- 45
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seconds on the clock, pete. make a case for alphabet. >> when you look at alphabet. it's kind of boring. it's been around long time. here's what you have to understand. $95 billion in cash. fundamental story? absolutely under believable. what could they do with that cash? all kinds of things. get a little dividend yield. all kinds of things they could do. acquisitions. they have 44% share. they dominate everybody else in the ad space. that won't slow it down. this is where you want to put your money. video. when you look at it, it is going to work for google. they'll continue to move the upside. it will only get you about 20% a year. >> that was sarcasm. >> he did not pick nvidia.
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>> you picked google! >> all right. >> i rode the gool horse the other day. and i rode the nvidia horse and there was a choice to be made. you picked google. i'm sorry. >> thank you. you've had your time. it really gets down to it. and it becomes ridiculous. >> when this stock was trading 120 and it looked like it would be a moon shot. people were still talking about valuation. the only thing took wind out of satisfies will was the down grade. i got it down to $94. i think people are warming up to the fact this is a wild card stock. that valuation will look cheap in a year from now. that's my opinion. >> i was going on let bk ask a question but he was going to ask pete, do you think you lost. >> no.
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i don't. >> that was a bag of candy. he's taking candy from guy's mouth. >> did pete's argument pack enough heat to beat guy? right now our poll is on twitter. the winner will be announced later in the show. >> wow! >> this is like ming dynasty time. all right. one analyst initiated as a buy. the man behind the call will be here to explain why he is so bullish. when "fast money" returns. you do all this research
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ways wins. especially in my business. with slow internet from the phone company, you can't keep up. you're stuck, watching spinning wheels and progress bars until someone else scoops your story. switch to comcast business. with high-speed internet up to 10 gigabits per second. you wouldn't pick a slow race car. then why settle for slow internet? comcast business. built for speed. built for business. snap surging 7% after receiving its second buy rating just three weeks ago. the man behind it explains why he is calling it a unique tech company. welcome to the show. your price target is bullish as well. it is $three over the next 12 months. it is $30. you said we view snap as a
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platform for the imagination. i think that's what investors have trouble with. they can't imagine what it will be used for and how to monetize it. >> i think you're starting to see it. in the first quarter of 15. and we have it at the end of 2019. it is less about daily active users as you might foex on someone like facebook or twitter. it is more about how can they monetize it? so you're seeing a lot of new lenses come out. they've gotten a lot of content that's starting to come to the platform. i look at this as a fun place to be. it is very entertaining. that means people want to engage with it. if people want to engage, you can drive it higher. >> how do you handicap the
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competition? you have facebook and now apple most recently. it seems like the new product wants to be like snap chat. there's instagram stories, they came out with a platform. and this is a great millennial play. and they are 27% of the global population. 2 billion. >> what is their spending though? they're 27% of global population. do they have the dollars? >> it is 19 to 26. it is much broader. and because you need good smartphone and a connection to use snap chat, unlike most. as you see 4 g networks go from 20% to 40% over the next four years. as you see, 1 billion had in the
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next four years, the biggest from india. also the biggest millennial population in the world. i think you will see this platform spread around the world in a much bigger way. today it is more developed world use users. is there a chance or a possibility that not millennials, you're talking about new content coming. on we use twitter a lot. is there a chance that they switch over to snap and it becomes something more than a millennial platform? a new communication platform? i think what will happen. it is a cool place to be. very authentic. this was the original. other companies didn't have lenses. it is going to start to spread to other age groups.
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i can go into india in three to five years. but the demographic is going to expand as well. i think good people aren't familiar with it. if you had to give advice, would you say don't talk about daily active users at all? they have the ability to challenge the conversation entirely. i think it is a great point. on the call you'll to have give these numbers. i don't think you'll emphasize them. i think you'll emphasize it and i think you'll talk about how, there's something different. we're the camera company. we're not twitter or facebook. don't pigeon hole it. and it reminds me of apple. it is apple when apple was a
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baby. cache, brand. and they have a great opportunity here. >> all right. thank you. $30 price target. >> he makes an believable points. i'm sure he will be right. everything he said pushes me toward facebook. i think $175 price target. snap might be in play. they're on things with not mouse ears. i'm not certain it is right now. >> you asked about a broadening demographic. to you does that increase the size? had it will increase because it is tnl cool place to be but i think it increases the value of it. if you look at it from a pure wall street perspective.
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there's not a lot of ways to do it. some people will be buying it just to make that pure play. >> what has the paper indicated? have the puts -- >> not as much as you would expect. given that i think everybody was so excited. when do they get the options? i owned this stock for a total of $3. i was lucky enough. i got it on the ipo at 17. my problem -- >> i feel fantastic. i will say this. the millennials, they are not somebody who is going to stick with something for very long. when you start putting in ads. when you start trying to monetize. i think they pick up and say, what's the next snap? where is it.
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it is telling that you these people, the demographic hasn't really switched. that to me is the exciting part. >> how about this? another reason i got out of stock was they were decelerating as they went into the ipo. facebook was growing in absurd numbers and meanwhile, snap was decelerating. >> in terms of what? >> the growth. >> what growth? >> what they put out, the second -- >> the monday at thisization or the users. >> the users. when they started going against twitter. they got beat and beat immediately. >> the mondetization. up next, the winner. of tonight's "fast money" madness. you can keep on voting during commercial break.
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and the winner is -- guy adami. seven straight games. unstoppable. >> that's terrible. >> oh! >> you lost by the smallest margin so far in this competition. so you should feel proud. it was a good fight. >> come on! >> i'm with you. >> final trade. pete will go first for this, pete. >> i'll take the number one. kmi. keep an eye on this name. i'm in. >> we're positioning shift in the energy sector. best of breed, eog of. >> for me i'm going right back to starbucks. you bet on howard, not charles. schultz. >> charles was pretty good though.
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snoopy. >> woodstock. >> same bat time. >> we're talking about it. >> i'm knocking you down tomorrow night. >> bring it. >> i'll see you tomorrow night. more 5:00 for more fat. meantime, "mad money" with jim cramer starts 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 and teach. so call me at 1-800-743-cnbc or tweet me @jimcramer. did we run too far too fast after the election? are we too tied to washington? have things
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