realities of how antiquated the government is rupp zpl didn't get to stump with santelliy. >> that will be for another day. >> be spontaneous. >> thank you for stopping by >> see you tomorrow. that does it for closing bell. "fast money" begins right now and we'll see you tomorrow here on closing bell. >> "fast money" starts right now. live from the north ameriasdaq e overlooking times square, your traders are pete, tim, steve and guy. tonight on fast, crude oil plunge to a seven month low today and entering a new bear market, but julian emanuel says now could be the perfect time to buy. he'll tell us what has hip so bullish. plus, david faber sitting down can alibaba's ceo, exclusive sw sbur view just moments ago and later, while everybody has been focused on apple and the fang stocks, why only five class bic dow names have been surging. we'll tell you what they are and why one trader sees more room to

run. first, we start off with the brick and slaughter that went down today sinking more than 2% and amazon launches its prime wardrobe program. nordstr nordstrom, j.c. penny, chico getting slammed. could this be the final nail in the coffin for traditional retail. >> for a lot of them, absolutely we give dan nathan a lot of crude, but you got to give him credit op this one he said the etf, worst chart he's ever seen ch he was right good for dan is it the nail in the coffin for a lot of these folk, yes we've been cyst enter on that. what i've been wrong on has been target i thought they held a huge level. the same low we made in 2014 and it looked like they were in terms of the stock, turning the corner a bit obviously, this thus came out u and it's all bets are off. but where would i go i still think target is is interesting. but i think you got to buy it now to break it above 55

>> some is is just a mechanical reaction to last friday's news a analyst community weighing in. you had a bunch of downgrades. is it the final nail not sure, but these are folks that have fundamental and secular issues fundamental side is we're still way too oversupplied probably five times as much square footage per capita in the u.s. than you have in japan an europe and that tells you something a at a time when you have deflation nair head winters in the form of food prices, the costs coming out of china and other parts of the world >> we haven't talked about what exactly it is, but theer etically, you order a bunch of stuff, they give you a discount on the stuff you keep. they've got this camera you can sort of try on clothe, but could this hasten the decline in retail we've already seen? >> sure, it's a prime world, but when you look at the xrt and chart it against amazon, core related.

when yoi loyou look at a name lk best buy, we threw it out years ago. the it's up 20%. so when you start going fishing, sometimes, it's in the most unlikely spots j.c. penny negative story sears. horrific, but it's been going out of be business for years got one foot in the grave. i'm j.c. penny i know what my risk is i'd probably take a flir out on macy's getting time for a lot of these names. >> i think when you look at some of these names, you have to see who really is amazon proof at this point this time that's really what this comes down to. most of these names when you look at the dprxrt, most are go to be affected by what's going on with amazon and how unbelievable they run. big box name, a different story. everybody b's been all over this costco story this is going to hurt them i disagree have i bought costco yet in because i think there's enough pleasure. >> you're still long the

expreerns that draws people into the store. >> i think partenkirchen of it the other part, the private label. >> going out on saturday why is that? they offer gasoline at a cheaper price. that's one more excuse and then people go into the store the membership idea is well. >> it's a different client for the most part. and both buy iing and that's why it seems like some of these big box types, the home depots of the world have more. >> you can both buy on amazon prime. >> you can, but do you want to >> yeah. so i don't have to slep it around inside a cart in a warehouse. >> it's a very different thing that's where you get inpyspired i have say to myself, stay

focused. only game in here for duct tape. >> let's be clear. >> what are you doing with duct tape >> can i say something else, too, about the xrt you look at this on a relative value perspective. from the lows of 2009 to the s&p, the xrt outperformed the s&p by 142% to the peek aak my point is that there was a lopg period where retail really yut performed this market. they had an enormous run and you're probably going to see shom shakeout here and an overreaction to the downside >> is there a retailer, apparel and soft goods that you think is unamazonable >> not certain -- >> or less likely. >> i've never shopped that before but you know, chess king is out of business. >> two for taylor. >> when i can see. >> what i was going to say is i'm with these guys on the costco front you think 90% retention rate for

memberships. they can raise prices. they raise prices on pete tomorrow, he's still going to costco >> and the vertical integration side of it they own the poultry and beef. when you look at the owner operator side, they have everything sort of in this vertical that makes them competitive to the amazons of the world. if there is such a thing as being come pet ty. zwl then maybe it makes sense that amazon is going to have its own generic brands >> this is why the package food guys are selling off the whole part of this story is they're going to be able to understand in better o or real time what te stores can stock their shelves with >> in terms of whole foods and amazon, i'm catching up a little bit because i was away for a kouchl days. >> we could probably do this one every day and still havedevelop. >> you look at whole foods, you don't know where this story is going to play out. you don't know what they're going to use those 440 some odd

stores to really penetrate with distribution centers or not. but i think walmart is the best to compete against that. >> news alert on whirlpool and ceo. dom? >> the ceo is stepping down at whirlpool. this is again jeff fetic, who's been the ceo since 2004. is stepping down from his role he will remain chairman of the board, but relen quish the day-to-day management duties to mark bitzer, the current president and coo of the company. over the skeep of thing, it's up about 7% year to date, 9% over the past 12 months closely tied to the housing economy, one we've seen do well in terms of share price companies, but still, a big proxy. this case here, a long time ceo, long time operator of the company, a career man, has been there since '81. will remain chairman mark bitzer will resume the ceo

role >> thank you in the news room with the news on whirlpool you like the homebuilders, the home space >> i do like the home space and when you look at whirlpool, it's flirting with those all time highs back to 2015, so it's around 217 or $220 still long palty kb homes, still long on that up in the high 30 p percents >> as we mentioned before, while amazon has crushed most of the retailers out there, shares of home dee toe just set all time highs, so it safe from amazon's wrath? who better to ask dhan the ceo >> wow, you guys, i wanted to jump in here early on. >> you should have >> when you were talking about nails in the coffin, i'm thinking as long as you get them at home depot. >> also buy the wood there, too. >> absolutely. >> bob, in terms of our thinking that home depot or investors thinking generally that home

depot is unamazonable, is that too simplistic >> i don't think you ever want to take a position you're unamazonable, if that's the right term i think complacency is the worst thing that happens today, certainly in retail. i think home depot has, craig is is doing a fabulous job there. they have like 2,000 plus stores so, they don't really need a warehouse. i mean, they're using the clicks and the bricks and the clicks together you could order your mulch on wednesday. go pick it up on saturday. and now, you're not wasting time getting distracted in the alisl and you're doing your honey do list on saturday they've increased their online availability their selection. if you like three that are in the store, you can get 25 varieties of colors of fit and finish online, so they're doing a great job and they make the

stores, their capital allocation has been great they're able to redeploy that and keep it fresh, aspirational, great point of sale, plan of gramming, et cetera. >> if if they've got a great digital strategy, which they're executing on, why can't amazon do the same thing with all the stuff that home depot is selling. >> because part of it is when you go into the store, you do like you know, you do like the experience, right? you like the experience, the pros one of the things we did when we were there is create a whole line for the pro contractor, which you know, allowed us to when they were doing one home, three home, they were leaving us to we created home depot supply to extend our business we believed in enhancing the core, extending the business and the core so i don't think you should be comfort bable, but that's a great team doing a great job >> one of the arguments we've made, i think all of us have

said home depot does well when the housing market is strong, also when it slows down. are we accurate and if so, can you speak to that? >> we've seen home depot go through a variety of psychs and the mentality, there's an investment mentality, that when housing prices go up, people invest to do a bathroom, a kitchen. they flip it and quite honestly, they were making more money flipping than they were in the market at that time, so that's an investment mentality, then a maintenance mental think, where in the trough, if it doesn't broken, don't fix it, but we're still going to get good customer traffic. our philosophy was if we could increase one buck a cart, right, one buck a cart, so we'd say, buck, buck, but, kind of thing, it would be $1.8 billion we train the associates to sell the project. if you're coming in for a gallon of paint do you have the brushes? you don't want to make two

trips. don't want them to go to the local convenient, those other stores i don't want to mention, so you sell the project and when you do that, your sales per basket per square foot went up >> with that in mind, is home depot more profitable than ever it's quite expensive relative to its history. >> i think it's prominent. one of the thipgs we didn't talk about is we were able to disintermediate a number of suppliers. so glacier bay rinld ridge, all are house brands, owned by home depot, so we were able to get a margin pop by taking control of those things we took 50% of the market share away from hunter fans when we introduced hampton bay that's how we were able to get margin, customer satisfaction. much more aspiration al the shopping experience was much more aspirational and again, i think more suited to the men,

pro men here like this that changed when they came into a home depot did you ever think you'd see craftsman sold at a local hardware store at a discount i'll mention i couldn't believe i saw it at ace hardware used to be you know, one of the most prestigious coveted brands around >> we're having a spirited discussion about costco. a lot of bulls here on the desk. what do you think of costco and do you think that has a mote enough to fend off amazon? >> what you didn't mention when talking about costco is box. boxed. i was over in one of their warehouses in new jersey a couple of weeks ago. they are the online dedicated competitor to costco all they ship bulk no membership fee, no shipping charge when we were at home depot, we analyzed costco. almost their total profit bability, this may be dated, was

off of membership. that's where they made most of their money. if you do the analysis, it may have changed, but that's what we saw. costco was always the treasure hunt we learned a lot from costco because if you didn't go in, you knew you might miss something because they brought stuff in and out, so stack it high and watch it fly kind of mentality theb they had the fence line, which was seasonal and then, great deals, great bargains, afford bable price, good quality and they got to make sure what got them here, youn, may not get them there, but they can't lose that heritage. they can't let the traditional if they don't pull customers in, they're going to miss out on that elegant watch or something they just brought in got to make sure they're bringing in prugt consumers want s. >> good to see you >> thanks for coming back. >> first time. >> not just me all of us have been. you look at their last quarter

in middle of may, this is what i look at. inventories were up 3% year over year sales growth was up almost 5%. so their inventory, keeping them low, margins continue to improve. every quarter, they beat on comps. 19.5 times forward earnings, yeah, you can make an argument it's expensive i got to say this. during his tenure, they hired 35,000 u.s. veterans to work at home depot, which i have to bring up because i think remarkable >> i think if you like the housing trade, you started the segment off, if you like the housing trade, it would be disingenuous to say sell home depot. p if you think the housing recovery has further lebts to go, it's going to trade right with it. if you chart both of them, they're lock step in unison. >> yeah, i think it's a little expensive. 22 times, what a great company like steve said, the correlation closer to 60%. these gois, that's a volatile

number, but it's going hire. >> a dollar in home depot or dollar in costco >> not just because of that. the same thing as costco with vertical integration, but they're more innovative than people think, so there's a lot of different things they're doing right and speeding up the check out. as a guy who's there all the time, the check out is important. >> see >> thanks, bob >> i gave him the dollar >> coming up, crude plunging today, officially entering a bear market. but is there a bottom, the year to explain plus, fedex earnings after the bell and the ceo just said something interesting about amazon we'll bring you the details and david faber will join us after sitting down with alibaba. much more "fast money" still ahead.

david faber sitting down with jack ma moments ago in an exclusive interview.

>> as executive chairman of alba bah, he tends to think of things in the future. not focused on quarter to quarter. he's focused on 025, even ten to 20 years from now. so our conversation turned to the idea of jobs he's saying they're going create a lot of jobs here in the united states something he promised donald trump when the two met this year by enabling small businesses to sell to their rising middle class of over 300 million people in china our conversation turned to jobs overall and perhaps what would be the replacement of those jobs through machine learning, robotics and ai. one thing he had to say about ai, it won't replace in his opinion, human intelligence. >> it's about wisdom and experience i don't think the artificial intelligence is going to replace the wisdom i just continue to wonder what

that world will look over the next 30 years. >> it's going to be painful because the knowledge is not enough the wisdom is is not enough, so the new way of coming, the jobs taking our way some people who catch up the way will be b rich will be more successful. some people will be more painful. the government, you know, the world is going to be dateded the people will know have nor data than the bosses >> data will be the thing that runs machines. really, data is going to be everything and alibaba certainly picking up a lot of it now, but guys, he's talking b about a word we hear it so often as we talk about the future of the internet of things and all these devices providing so much data, that will be used by artificial intelligence to power even more data drif p software >> and cloud services in that. alibaba has been investing heavily in the use of ai when it

comes to health care to expand their cloud offerings in china as well as in europe how big of a driver does he think that is going to be in the cloud business >> of course expanding it, not making a lot of money in it, but he thinks it's going to be exe treemly important. as he does all financial services we talked so often with mr. ma about alibaba, but we fail td to talk to him, at least i was able to talk to him about anthem, one of the largest companies in china not yet going public he thinks it will with become larger in many ways than alibaba clirnt currently is, but wouldn't say when that ipo will actually hit the mark fr >> in the event there david is to get small businesses, to be on the platform to sell their pru products to china. any thoughts on what the tax policy could mean for small businesses and their ability to

be on that platform and sell more >> yeah, they're here evan jellizing for globalism, which is interesting because we have an administration that certainly people would not think of in that light, and yet their meeting in which he promised a million jobs over time from alibaba's presence here in the united states, he believes will be something that benefits both here and of course the chinese consumer no real discussion of tax, but he did say you know, his meeting with trump, he felt was a very good one as we all know. when you promise a million jobs, the president is going to listen closely. they're now starting to put that plan melissa in place. this is the first big event they're trying to do of selling a lot of stuff to a rising chinese mild class >> thank you so much david faber from detroit and you can catch the exclusive

interview with jack ma tomorrow at 9:00 a.m. eastern time here on cnbc. we have coined in instead of fang, stab b the a being alibaba. what's your pick >> i said it before, stab. i think there's more outside >> pick one of the four. >> of the stabs. >> of the stabs. i thought we were picking one of the other. i think there's plenty upside there. >> china tech has done better than u.s. tech an look at alibaba and the problem is the corps get tough. they're aggressively trying to take market share. cloud is going to go from 200% growth, but they have so many levers to pull, including financial and uku digital media. >> up 57% year to date i'm long, so i have to pick that one. i think you're seeing what happened to amazon i've been in and out since the 190 price tag. i think you're seeing a redo ofry >> stab or fang.

>> fang because -- >> don't do it just because because you know you want to go with stab. >> i don't know with s is. kidding. it's a joke. you look at me with that face. >> i just said it also >> tim and steve have been on alibaba for some time. if you believe their fiscal 2018 guidance, then the stock hit $128 tlrs $138 is ridiculously cheap. i don't know if i believe it just say federal government you do, then the stock is dheep. >> speaking of chinese stocks, the fourth time was the charm for the chinese mainland stock market, finally getting adding to a key index we'll tell you what it could mean to china in particular. you're watching "fast money" on cnbc in the meantime, here's what else is coming up on fast. >> crude just entered a bear market so, why is ubs saying to buy energy shares? yep, you heard us right and the man behind the call will be here to explain what has him bullish

on energy. plus, a number of classic dow stocks have gone wild. doing things they've never done before and creating obscene returns for traders. we'll give you the sord t id details and tell you how to profit when "fast money" returns. (dance music) (large boat honking) ♪ i'm living that yacht life life life life ♪ top speed fifty knots life ♪ on the caribbean seas ♪ it's a champagne and models potpourri ♪ on my yacht made of cuban mahogany

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kind of insight that has lead us to become one of the largest investment and wealth management firms in the country. discover how we can help find your unlock. down day tr stocks s&p down nearly 1% here's what's coming nup the second half of the show. crude getting crushed and entering a bear market, but ubs says oil could be flashing a major buy sign, plus, all back tonight, those stocks are surging. morgan is at headquarters monitoring fed ek.

they'll bring you the headlines as they cross. we start off with oil. last month, our next guest said to buy when oil hits 40 bucks. >>. >> they are a trade. we were on saying these stocks were a buy in low to mid-40s on oil and a sell it's just there's an opportunity >> so, julian is back. do you buy stocks now that oil is low >> if you believe that either the economy is about to slow down in a significant way, or you believe that there isn't likely to be any sort of incremental supply response as oil moves towards 40, you have to look at the sector again. we go back to this entire idea that again, supported by you

know, an oil price that we see as range bound and when you think about it on a broader index level, the fact is that the energy sector is now trade near an all time low as a percentage of the s&p 500. so, we think there's an opportunity. >> why should we believe oil will go higher we're at a time when we've seen two o cuts and oil is back to where we were prior to the november opec cut. then also we're at a seasonable period where oil should be strong isn't it the context a little scarier. scarier this time around it should be much higher so, to us, the stocks are discounting not the fact that oil should be lower, perhaps, than where it is because the thesis last time for us was that the oil stocks themselves would play catch up to the price of the commodity and instead, the commodity fell, so we think

there's a compelling discount and we think about it the same way we did last time when you're doing something that's counterto the prevailing trend, you want to limit your risk we think call options make a lot of sense >> i think for me, when i look at the xle, i see sort of an opportunity here as you just discussed. i painted as even as oil, i see 42 as a huge level of support. i go back to 98 then to 140 top for my retracement it's the level of watching can you by xle with a fallen crude price? >> you can scale into it and again, if you think about it in terms of risk reward, if you use limited risk means, such as options, it really makes it you know, appealing strategy because if you're wrong and you go to 30 or 35 and take the rest of the market is like lick to be weak as well.

but you've limited your loss >> hue how is yohow high is your conviction on the in if it sounds sort of like there could be a big swing higher, but this could be a dangerous trade. >> well, again, trading against the trade, trend, is not foreveryone. our view is that oil is likely to hold $40 because we really don't see the elements of price going much lower and if that's the case, these stocks are going to bounce >> which kind of sector, i know you're a general strategist, but which sector within oil, if you're playing for the move in oil, do you want to be in the sort of sub sectors that are more leverageded to that >> what tends to happen is when you're having moves like this. people reach for the safety first. and then the higher beta second. so the stocks that have said all along that they're dividend is safe, regardless of where the prices are, are the ones they're

likely to go to first then the more speculative ones on a secondary basis. >> thank you integrated >> the good news i guess is exxon mobil has been hang iing n there. the it's held 81.5 a number of times. it feels like it wants to hold and bounce to the upside one of the levered names i've liked has been anadarko petroleum, but if oil goes south, it's a difficult name to make a compelling argument for, so i don't know the reasons why crude is going lore. one name i have to mention in the context of oil, if you want to know when oil might turn, take your cues from deutsche bank db because that seems to lead -- look at what -- >> guy's getting into good point here think about credit markets and high yield bonds just had a breakdown in the last couple of days in the hyg. the uf nrn european financials, sliced well through. >> i get it, but i don't because

we've had a shakeout in the industry when it cops to the weaker players balance sheets that had been replenished. >> i mean, why should this be a credit event for the ones still standing if the balance sheets are that much better isn't it different from 30 something dollars a barrel >> it's mark edly different. i think sat here on this desk a year and a half ago and said i think bouncings are in fantastic shape. but i go back to anadarko, find oil companies that can be profitable and take the share at $40. it's up 5% >> you have common mobile, down 8% year to date, it's actually up >> what i like is first of all, julian is talking about options and your risk. what have we seen? people trying to find a bottom what's really interesting, most aggressive buying we've seen in the last month, they've been wrong, but they're doing the right thing. because there's leverage and

limbing risk in the highest beta names you can find in energy like weatherford and wieting and all of these two to four type names. >> from trash to treasure. a rally in some of most widely held names a number of classic dow stocks have been surging. dom chu, classic himself, is in the news room. >> i hope i'm not old enough to be a classic just yet, but i appreciate the sentiment but like you said, tech is not the only thing that's sexy these days you talk about the blue chip dow stock, many of which are at record highs among the best so far in here, united technologies. up 11% johnson and jo& johnson, up 17%. mcdonald's, up 26% a name that was by the way over the last couple of years given up for dead. boeing, the best performing stock in the dow, up by 28%. that's kind of o like apple

performance if you think about it lots of attention has been focused lately on the surges of facebook and amazon and netflix and alphabet. some have been making the steadier moves higher. many haven't been in favor when stocks are all making record highs by the way in intraday today and have done so in less volatile fashion than some tech names, it gives you some molt of pause, so some of those name, yes, they fell through intraday, but still, record highs for these guys. melissa, back to you >> thank you very much all right, guy, i'm going to ask you now. fang or these dow stocks, these classic dow stocks that are hitting. >> can i p pick a couple zm. >> yes >> and can you make an acronym were you good at scrapple? scrabble >> this is -- >> nobody better >> any way

>> so, there's the names that stick out to me are the ones that come mentioned. boeing to me, we've talked about this for a long time we said own boeing into the paris air show, which started yesterday. take a look at the number of boeing got from six or seven different airlines it's stagging. people say it's expensive on valuation. it continues to grow into valuation. i think despite the move boeing has had, you stay long there the one that scares me though is triple m the move has been -- for a huge company at 23 times forward earn, not saying short it, but if you're in it, i would take some profits >> pete, you pick. trade what, fade what. >> i actually disagree with guy on that one. it's a minnesota company and second of all, the fact they raised the 2017 earnings just in the last quarter, looked very, very impressive. these guys all are show growth, whether it's united technology or 3m, there is demand, growth

in all of their high areas for revenue. so i think i like these names as much as the fang names >> still ahead, fedex out with earnings tonight, the stock hitting a new high three headlines moving the stock, plus do you own an emerging market index? tt'thca, enour portfolio saw a major change we'll tell you about that right after this you too, unnecessary er visits. and hey, unmanaged depression, don't get too comfortable. we're talking to you, cost inefficiencies and data without insights. and fragmented care- stop getting in the way of patient recovery and pay attention. every single one of you is on our list. for those who won't rest until the world is healthier, neither will we. optum. how well gets done. ray's always been different. last year, he said he was going to dig a hole to china. at&t is working with farmers to improve irrigation techniques.

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welcome back to "fast money" in landmark decision for foreign investors. the msci has agreed to add chinese mainland stocks to its index. >> that's right. index provider including chinese mainland saw in its emerging markets an historic move that comes after three rejections in an exclusive interview, the ceo told cnbc the reason they got a yes is easier access to the country's stock market >> the stock connect program linking the hong kong market with shanghai is very effective. we were able the consult with our clients and they thought it

was a good access into the market that it's better than the two other accesses >> now, the inclusion of china shares will be gradual 222 stocks will be added betwee june to september of 2018 increasing china's leading into $1.5 trillion benchmark. analysts say they expect the inclus of shares to be b a catalyst for substantial inflows into china's market over time. similar commentary from blackrock b and a lot of traders in asia got in early for this big decision it's considered a watershed moment as china has been trying to elevate its global market status for many years. >> all right, thank you. back at headquarters and to her point about 2.9 billion u.s. dollars have gone into china shares in may, prior to this decision in anticipation of the decision >> china's 28% of the index, in fact, if you buy the bxo or eem,

you're buying something that's essentially 28% china, 63% asia. so, in the short run, this doesn't mean anything, but as she b pointed out, this is very important sentiment towards china. these guys have been b working very hard to at least make the appearance and clearly, it's working that their markets are open i would say just tactically right now, if you look at emerging market, today is an interesting day. you broke down through the trend line off the december 22 low you had the ruble breaking through the 200. oil is a big deal and dollar's resurgence is something that i don't know, you want to see where this settles out i'm long emerging. been long, but the last couple of days have gotten rocky. >> it sounds like you're saying you wouldn't by eem on the back of the news of the chinese inclusion, but could you buy china shares or e trtf to ride a wave >> get china right you get emerging markets right because it's such a heavy weight >> i wonder if that stab, i wonder if if just because it's

china related, even though it's not the direct relation, i wonder if that gets a bid out of this one, guys scream and china related stocks across the board, i don't know, i'm long alibaba, but it would be interesting to see, samsung, too. it's 4.5% of that index. >> all right >> yeah, right >> no, i'd be involved if you want to go there though that's the you know, you're the same as i am in terms of i love alibaba. i'm not any other names. but i'di'd rather be in those fr >> coming up fedex with a new high in the after hour, although the stock u' wchg asmoy" of its gains. yoreatin"ft ne on cnbc, first in business worldwide. hey gary, what'd you got here? this bad boy is a mobile trading desk so that i can take my trading platform wherever i go. you know that thinkorswim seamlessly syncs across all your devices, right?

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nothing nice to say, don't say it at all, little guy. i have to say something because we're on tv right now. what's the right multiple for a company trading single digits now for the last i think 20 quarters give or take. how much time do you want to give ibm to turn this aircraft carrier around it seems to have held 150. the wbad news, i think the stoc is expensive >> catch the full interview next top of the hour on "mad money." fedex rallying to new high but giving up most gains morgan is at headquarters and what did the fedex ceo have to say?

>> this call going on, starting to wind down it came after a week fueled by the express egg segment, but there were a lot of questions about cap pected thanks to more aircraft deliveries to keep pace with the e commerce growth, so executives in this call only taking questions by e-mail this is a different format for them, but the cfo tried o is sum up that spending in his response to those questions >> homost of the increase year r year is at the express egg segment. we're going to take advantage f of some opportunity ons the fleet side of the house we see in front of us ground will have a slight increase and freight will have a decrease so, that explains the change largely to underspending of ground in '17 and increase in expense press of 18 is why we're up to 5.9, but we like what

we're invest ng and going to be b a key part in a 1 pbt 2 to 1.5 target that we've laid out for you. >> now, on the heels of ups announcing a new holiday season charge to some packages, a lot of questions on the fedex plan for the peek season. executives saying they're considering additional pricing change, but they have not made a final decision yet but there is a focus on ensuring fedex is compensated for the investments it is making to meet the surge in holiday package demand also noteworthy, fedex say growth of heavy package deliveries, furniture, mattresses, exercise equipment, that's accelerated over the past year and they're make iing a lof investments focused on those oversized shipments. shares are up a little less than 1% not as high, they were up as high as 2% after the earnings, so they're coming off of it. really, one of the concerns is this cap ex number for 2018. >> thank you very much

the set up for fedex is that it yoet performed ups all time highs here. >> i'm not surprised with withe reaction it's outperformed, these guys relative to those same peers have the greatest ability to grow eps i think you have a chance for the ground margins to get a lot better i think these guys made acquisitions that are going to be paying off. i stay long the stock. >> the concern morgan was talking about was the investment of the residential delivery network. it could be less profit bable unless they lower their cost for the overall system >> which is mi margins seem to contract it a little bit this quarter. it's a great quarter now, you ask yourself they've lowered guidance down to 1245 or so from 13 and change. are you comfortable now with fedex having the same valuation as ups

the answer is yes. probably a better company, but now, you're going to start to talk about fedex being a little bit expensive. >> ups is down 5%. fedex is up 12%, but it's not one of those going to make new highs. >> all right, stick with earnings here. oracle set to report here tomorrow one trader seeing some interesting moves. hey, mike. >> hi there, so, yes, this is a name that normally moves about 5% that's approximately what the opgs market is implying given the 190 milli$190 million marke. last friday, carter worth made a bullish call on the stock, but today actually most of the flow was bear the most active. the weekly 43 puts those were trading for about a quarter, so those traders disagreeing with us thinking the tok might have a move to the downside >> mike, i'm curious the hot and sour pork is there >> i've got -- maybe you should be more concerned about the

fortunes than the food. here's a fortune for you fearful when others are greedy that didn't come from a fortune cookie >> we actually are out of time now. thanks enjoy the chinese restaurant there in massachusetts for more, check out the full show fridays at 5:30 p.m. we're joking he's not in a chinese restaurant just a studio. up next, we'll give you the names wh wco bk. busins stagnant. we didn't have the daily insights we needed. so nothing was moving. [ horn honks ] then the experts at cdw worked with us to orchestrate an intel powered infrastructure optimized for advanced data analytics. [ horns honking ] now we have the answers we need to make informed decisions. moving more product then ever before. i forgot my keys. expedited insights by intel. it orchestration... [ horn honks ] by cdw. ♪

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final trade. >> jump on the back of mike talking about this oracle stuff, i think that's protection being bought to the downside >> tim >> jump on the back of o jack ma alibaba has multiple levers. i stay long. >> housing recovery is for real. staying long >> bob nardelli. that was -- >> first time ever >> perhaps, yes. >> very stropg i'm going to stay off mike's back because east got enough of you guys on him. >> he was on jack's back >> you know what i'm on the back

of whirlpool. that headline made me look at it, realize it's still cheap whr. >> all right, thanks so much for watching see you tomorrow at 5:00 adon" t o anywhere "m meyw "mad money" w j with jim cramer starts right now 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 save you some money. my job is not just to entertain but to educate and teach you so call me at. or tweet me @jimcramer if you listen to most commentators, ever