margin and do better and hope for food inflation some day. >> they have good chicken salad. >> i like the way he said people like to come in with family and friends. kind of a supermarket ceo. >> when does that happen i miss it. thank you so much. that does it for "closing bell." "fast money" agabegins right now >> "fast money" starts now live from the nasdaq market side overlooking new york city's time square, your traders are -- tonight, the fate of the gop health care hangs in the balance. can president trump's agenda survive the turmoil? axis cofounder will give us the latest plus, we're clawing at the summer of discontent for tom lee. one of the most accurate strategists on wall street is suddenly getting a number of big sector bets wrong. but get this he's doubling down on his most controversial calls. and later, the pharma bro

himself, martin shkreli, back in court and it's about to wrap up. we'll head to the ground for the latest but first, we start with the big sell off in technology today tech was the worst feperformer, closing at its lowest level since may 17th this is the one fang stock that got crushed. take a look at e de clines there. netflix down 4%. is something changed, pete >> i think on dip, it depends. i think if i see a 10% move out of any one of those stocks from their high, i'd start getting more interested, but i'm not in a single one of the fang names i'm in a lot of different technology names technology got hit today i think those are opportunities because if you look back to the earnings season, they showed growth, revenue growth earnings growth. across the board very, very stropg. i'm just looking for a better entry point than we see now. >> you see the dip again and

again for the past month seen it in technology stocks and we're still dipping. >> three fridaying ago this week and something happened the good news today, financials hung in there well rates had a big move to the upside we'll have that conversation later. but now is the time to pete's point. the market is giving you an opportunity in the form of the headline you saw about google or alphabet the stock was down .5% that's a significant move. you say to wrouyourself, how may companies have motes around them b i believe google and alphabet. the report on july 27th. at home, if you're playing the game, what level am i comfortable buying alphabet into earnings and you're getting close. i think it gets down to 9:25 that's an area you want to buy the stock. >> yeah, look, pete's right as far as one day sell off in technology doesn't make me want to step in.

do a i look for a pullback in absolutely i think we can pull back 5%. i think it's absence of buyers >> hold on a second. >> not just that some derisking in the quarter we want to make sure we call that out >> i think we're talking about tech like something bad happened the s&p was down 81 basis points more importantly, rates shot up around the world and so, what, why has tech been rallying for the last three months? because it's defensive in a low growth environment there's a lot of market cap to work it's the one place it's growth overvalue. today's trade tells you it's not

just about we've given up on tech if you like it last week, you like it more today there's no question that the interest rate is the same. it happens that mario draghi got out there today and said we want to see rates go higher >> yellen made the comment b about lower for longer financials didn't budge. look at technology and say why are people selling right now again, product positioning they're taking a little off the table. this is not a rotation into other sectors. metals and mining is up for a totally different reason >> what we have today though is a market gut check just a few days ago, we were talk i talking about -- the day was the

day where the dollar moved an enormous amount. the euro said to the dollar, in terms of differentials, the central bank may be more aggressive >> doesn't that macro check tell us there might be questions on the part of o investors about growth or the backdrop for growth that is why we saw the draw down in technology. we saw the sell off in small caps in terms of the growthier areas, that's where we see the most pain is this a rotation i don't know noesly it's a rotation i think some of the folks as we get towards the end of the quarter, maybe we get some positioning. when i look at what's been hitting our systems, what did we see? in the month of june, u.s. steel, ak steel, all those names, those are profiting right now.

financials just start nd the last three or four training sessions xlf. monstrous buyers in there. is there going to be a second half trade that's going to be financials pushing to the upside i don't know if that's a rotation, but instead of being in the box, the bond market now maybe it's financials. >> for the past month, they've been up 2.5% we've got results tomorrow yeld curve showing signs of life in terms of cooperating. does that mean the rotation we have been seeing all along for the past month as technology has declined >> the friday the day amazon went from 978 to 927, had a huge move to the upside of financials they haven't given a lot back since. what this could part of is the market's concern that maybe the trump health care agenda is not going get pushed through before this summer recess which will cause concern for the market as if that country happen, people say maybe tax reform and other regulation roll

backs won't happen either. >> technology or banks >> valuation, banks. it's not even a question especially with what's going on here you can see the tech trade is is tiresome tiring and maybe the returns are going to become tiresome rates are going higher >> i don't think it's tiring i think ths the very, it makes sense they should be pausing for the last five or six, give or take. financials have been in that 23 or 24 on the xlf they haven't had the performance you'd want >> that's not a rather there are sectors that i wouldn't be. like for instance right now, i don't think that we have to be, everybody wants to pick the bottom in energy i don't feel like i have to. i'd rather be in tech because they've proven to me how well they can earn right thousand >> tax cuts are going to benefit

technology finnells as well they have to do it before march. there's no doubt we're going to get before qq18. we've got a little gyration going into budget. we've got the right. you could have some gyration tlrgs no question. a pullback in the market, but in general technology, you want to own tech long-term >> this is in the last three days of the month. about 3% or so from where we

are. that is critical support >> what did you do today, pete >> i was a little active i did add a lot to the financials credit suisse was interesting. i wanted to be involved more in the banks. i added to bank of america, citi i think there are areas of the marketplace now, i'd agree with you. financials i think that the whereupon siup here is unbelievable i think you'd see the xlf pushing towards 27, 28 >> i saw the range when rates are making a move. you can trade this one and european financials, eufn. again, if you want to play interest rates, they are supercharged and no question what the ecb said today. >> coming up, republican senators delaying the vote

but jim vandehei says it could be a good thing for the gop and the trump agenda why is that? he'll be here. plus, stepping up to the plate with an under the radar play that he says is about to take off and here he comes. one of the most accurate strategists on wall street tom lee, but he's in a bit of a cold streak with calls to buy energy and technology. he's here to tell us what his next me wn asmoy"ovishe"ft ne rurps. at johnson's we care about safety as much as you do. that's why we meet or exceed 15 global regulations for baby products. and where standards differ, we always go with the toughest. johnson's.

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yogig-speed internet.me? you know what's not awesome? when only certain people can get it. let's fix that. let's give this guy gig- really? and these kids. and these guys. him. ah. oh hello- that lady. these houses! yes, yes and yes. and don't forget about them. uh huh. sure. still yes! you can get it too. welcome to the party. introducing gig-speed internet from xfinity. finally, gig for your neighborhood too. welcome back tensions rising in d.c. as senate gop p leaders delay the care vote. let's head to washington >> republican leadership is essentially admit iting they kon have the vote to pass this bill. gop senators appear to be at the white house right now meeting with president trump, who said they are quote getting very close to an agreement, but not

there yet. >> we have to have health care and it can't be obama care, which is melting down. the other side is assaying all sorts of things before they knew what the bill was. this will be great if we get et done if not, it's going to be something we're not going to like and that's okay and i understand that very well. but i think we have a chance to do something very, very important for the public >> senate majority leader mitch mcconnell told reporters this afternoon that the white house has been very involved in negotiations and that he's still optimistic his conference will get to yes >> legislation of this complexity almost always takes longer than anybody else would hope but we're going press on we think the status quo is unsustainab unsustainable. >> just about an hour ago, two more gop senators came out

against this bill. west virginia and ohio, both of whom havconcerns about funding r medicaid portman was spotted ride iing ve president pence's limo so clearly, the pressure is on >> do yu get a sense any are going to be staying through part of the recess to work on this? >> not staying through the resays, bcess, but it's going tp of mind as they go back home they want to see how this shakes out and come back perhaps ready to move. >> thank you lots of moving parts there >> stay over the recess? are you kidding me >> they should >> very good point but to your point and we're going to talk about this more with the ax yous cofounder if we don't get health care soon enough, we're not going to get tax reform >> tax cuts. >> tax cuts. >> i stand corrected you think you can go from this

failure into tax >> absolutely not. that's why i believe there's going to be gyrations. we have the upcoming debt ceiling. budget that we've got to get through. so there's going to be issues. september, october, problems we're getting cuts, cuts will come the beauty is the market isn't pricing in cuts. we saw immediate reaction. isn't that because if we don't get health care, we're not going to get tax whatever you call it reform. >> because we have three days left in the week and if things don't happen by friday, there's this recess where nothing is going to get done. but with that said, you look for areas of strength today where they shouldn't be and we talked about the hospitals last night cyh up significantly and uhs up as well

you say wait a second, hospitals trade d well on a day they shouldn't after having a significant run. something is going on. >> for me on this vote, let's bring in jim vandehei. so, jim, what's your interpretation of the delay? >> we're having a good debate there. in terms of whether or not this failure if it goes down, i don't think it does. to get shifty with farm s pharmaceuticals in and some of the insurance stocks republicans is to get beyond health care. the politics of it suck. in almost every district, popularity is very low once you move beyond health care, you get into tax cuts. i agree with the discussion you're having. probably tax cut, not reforms. now, you're giving something to people not taking something away.

might want to give tax cuts to people back home most likely, it goes down and they go to tax reform. you're going to hear this that this is reform almost everyone thinks they can't do that. but they can cut rates >> at what point do the republicans have to just sort of admit maybe that it would be cuts and not reform. here we are, we had mcconnell saying we'll have a vote this week the vote is now delayed. we've got kohn saying some sort of bill will hit congress in the fist two weeks of september, which seems like a very aggressive time frame.

the more they set themselves up here, the more room they have for failure. perceived failure. >> why would you care if you're at home, you want lower taxes. you have you have more money to go spend so if you're a voter, a regular joe, you want the tax cut. and so, whether or not you get wrapped up in reform and u yo change deductions and pay for it most people don't care about that i don't think the markets are going care as much about that. if there is a significant tax cut for individual rates or corporate rates, then it would have a positive response i think we'd have a positive response for republicans oh, my gosh, republicans are never going win the house or senate if they can't do health care we're five months in there's 12 and a half months bf the next election and if they can get tax cuts, ooempb minimal, maybe something on infrastructure reform, i think that will have a positive market

effect and positive political effect but republicans do at some point, have to prove they can get something done that is what is almost criminal here is that you have republicans with all republican rule with pretty healthy majority in the house, decent majority in the senate, you're five months in and they don't really having anything to show for it other than some deregulation that's not as significant so, they have to start showing they can do something with all party control and that they can do something that the markets respond favorably. >> jim, fwragreat to see you gu what would you say do the markets not say if it's tax reform versus cuts >> good question tax cut, ipg you get a a short-term boost in the market, but tax reform is where, that's where i think the devil is in the detail, but if that gets done, the market is off to the traces tax ruts first, reform second. jim is saying the market, it's just a gaming the system that's

going to invariably get done we'll see. but you have three days left before things will get interesting. >> i tend to agree with jim. one of the other, you brought up the hospitals. how about the health care space? did you see humana in afterhours, still moving to the upside when you look at what the company is doipg, this is one of those names that really does well depending on where this bill goes down >> i still think the names that have been defensive while -- very expensive, anywhere else to play i think the target is off the back of bio tech >> when you look at those name, united health and humana, the growth factor, they can grow into those because the growth is so stropg. >> should they trade where they have been? i'm not sure >> does the market carry tax reform tax cuts?

ink is a positive. no question about it i think it's going to be tax cuts i don't think it's reform. i think it's going to happen before first quarter next year i think the market is going to rip on that news still ahead. winding up to get what he is calling his best pitch yet can he spell the traders on his under the radar retail play? we'll find out i'm melissa lee. you're watching "fast money. here's what else is coming up on fast >> coming up review of rock 5,000 >> think there are too many sequels? you might be right because a disturbing trend is gripping hollywood and spell trouble for a number of media stocks plus it's tom lee's summer of discontent his high profile calls on energy, telecom and fang are not working out. ise'hiill he stick to his guns th wll put him to the test

when t "fast money" returns often reveals a better path forward. at wells fargo, it's our expertise in finding this 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.

welcome back we are live here in times square stocks closing the day lower dow dropping around 100 points

nasdaq closing at its lowest in one month. here's what's coming nup the second half of the show. martin shkreli back in court today with the trial will the trial shine a new light on drug pricing? we'll have a special report. plus, stepping up to the plate to pitch the one stock he's calling a home run for investors. will the other traders agree we'll deliver his past pitch, but first, our move of the day crude oil closing higher for the fourth straight session after entering a bear market just last week the rally sending the oil etf up nearly 2%, but not giving a boost to the energy sector, equities, that is, which closed lower on the day the sector is down tracking for its worst first half of the year ever. is this just a dead cat bounce could it be the start of a real recove recovery >> as much people want to make a call in a range bound for oil -- >> first of all for the underlying commodity therefore, i think on the equity

side, you're not going to see a major breakout, think about companies that are profitable at $50 oil and have free cash flow and at $40 oil, they can have maintenance cap ex that will get them through you get drg, anadarko. >> should we be afraid that oil will not range bound, but the risk is is more to the downside? we're at this point where opec has already cut. and here we are in oil >> it seems like that range it's getting lower and lower. both on the high and low end if we break 40 and have a three and l on this, i think it impacts it

i own some as well just concerned that can it c perform if oil continues >> i think oil is going to see a three, no question i think it's going lower structurally, it's wrong i think that you know, traders are betting on tomorrow's data expecting bigger draws based on the fact there was a storm going through et cetera. so i think two billion barrels per day is anticipated some bulls are saying six. probably around three and a half, four which is still significant enough ek wii tiss aren't believing that necessarily, so the commodity is trading ahead here. i think it's a sell. it's going a lot lower our next next tom lee made a call on energy just about a month ago here on the show >> i do think energy is a lot more contrarian, so i'd rather stick with a contrarian, which say i'll buy energy. >> tom comes back here

tom, what can you do now >> well, it was an interesting comment you made energy has had its worst start first half ever. but energy it's a huge divergence from what equity investors feel about oil in the future still think energy is pretty attractive here. this is a generational bottom. >> is there a possibility the credit markets have it wrong >> yeah, they git wrong but the probableties this is one of our corner stones for our work, credit markets more than half the time whether it's consumer or tech, in fact, this is the only sector this year where the credits and equities have diverged is energy

>> now, tom, that you are a friend of the show dear to our hearts, all of us. >> about to assault him. but energy is not the only bad call you've had. toll com and fang. you like those >> fang represents one of the most important areas for investors over the next five years. the spread overage is over 20% they yield 5%. you're better off buying the stock and bond and i think that's a potential catalyst. if there is any consolidation in wireless, you guys have seen the

numbers. $40 billion plus so, there's reasons to like the group. >> in terms of energy, is it as important as it was five or ten years ago? entering a zone where crude becomes less and less important where other sources start to come to the forefront? >> it sounds like there are, whether it's power generation or transport, other alternatives developing, but at the end of the day, we're still going to be using lots of ail. every electric car sold only displace 13 barrels of oil so, in order to -- >> 13 a year >> yeah. 50% of cars sold globally become electric that's 44 million a year over the next five years, that displacement would only keep oil con sunlgs flat. so you have to see a massive change in the 1.3 cars to

actually change oil demapd of course, auto is only a small portion of total oil >> if you think have made a point today? >> i would say telecoms is still an easy overweight relative to utilities if interest rates are inflected because again, to telecoms are yielding 5% ten-years are yielding two, so you're still better off owning telecom equities over ten years. >> tom, thanks for stand iing by >> stapding in there >> exactly sticking to his guns stick to those guns. >> the energy, i don't support the energy i think it's going to trend well i look at say the credit markets are maybe telling a different story. i get that but there's been a tremendous amount of hedging by the producers. your also seeing recount rising, so, the hedging i think has made these plays more palatable to certain investors. i think it's going lower i think equities are going

lower. >> in the energy space, we have seen inabcredible amounts of paper. people trying to pick the bottom they're using that leverage, but at least it's in very inexpensive options. low volatility, massive options being bought and they're wrong. but at least that doesn't carry you out and it seems like the defied risk trade is trying to find that bottom and nobody's been able to find it >> now, you got to figure out like slumberje, for two days, looked like it was going to be right. 52-week low today. if you go back to the january 20th of 2016 low, here's a stock that basically put in 60 bucks, so about 9% away from double bottom if i remember looking for risk reward, that would be it >> would you buy telecom >> i do. first of all, i think you buy yield product in this environment no matter what

i think utility space is interest iing. i just think the energy space, it comes down positioning. people are so negative right now. the off the charts first of all, demand is continuing higher. i think there's a self-governing help to the oil market below 40 bucks, not there. chevron went from 36 billion to 1 billion in two years that has an impact and i think these companies are more than that >> won't be there immediately, but you'll see the trade down fiercely below >> still ahead, a new trend at the box office could have a number of stocks paying. michael burns will be here to explain. plus, it is seaburg's time to ship he's warming up to pitch the one under the radar stock that he t yr,utging in the second half ofheea b will the other traders agree? the power

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how would you bikelike likew what the guys are really like?

head to charity buzz and bid for a chance to come here, meet the trards and catch a behind the scenes glimpse of the show >> being nice about this that's what you do i'm not as nice. what show's on with bill and kelly? what's that "closing bell. they're doing is same thing. they jacked it up. bill griffith going to donate money. up to 25 grand so i'll tell you, you want to come out with us, we'll grab dinner, but it's got to have a 25 handle. so get on it now charity plus >> come on, guys >> forget about that oh, stakes are high. >> go and bid. it's for a great cause switches gears, time to play everyone's favorite game where we have one of our traders p pitch a stock they think is worth a buy. when they're done, the traders will vote on whether they're buying or selling. seaburg is look iing at retail.

>> retail as we know has been demolished and every stock in the space without a rail brand or discount aspect has been destroyed. so i like in my opinion, tanger fa factory outlets, skt is the boll this is the company that has been smashed down. i think 30%. it's a name that's had incredible brand sort of recognition. they've been attracting tj maxx's of the world, really eququality and sell product wit their store. a better food offering to tim's point, you got to buy yield. 5.2% dividend yield. this is a company that's increased their dividend every year since inception every year since inception, they've raised their dividend. it's covered 2-1 it's a very safe dif dividend. this company, if you look at the chart, really beaten down. 32% year to date, a name that i would own here in this retail malaise. this is a a company doing things right.

getting high quality tenants in there. so this is a company that is really solid in my opinion i think it's a buy here with a 5.2 yield. i'm all over it. >> my question would be and i'm probably going to wind up agreeing with you, but isn't your concern that all these names they're getting sold off malls, anchor stores, just getting taken out to the wood shed when does that abate is this. >> i think retail in general is a sea of gar ganlg unless you have a couple of things. a really unique brand or discount factor to it. i look at these outlet centers tanker bei tanger being one. names like lululemon equal thety names. tj maxx coming to their properties is a real endorsement for these names. >> let's vote. time to vote

>> he got he at occupancy level and the other one, tj maxx you kidding me >> you know why? because i'm a max all the way. >> you know what, don't get too fooled on this whole thing with dividend yield 5% it's great but there's a reason. the stock has gone up and down >> what do you say >> i'm with steve. there we go. >> i hate to do this, david. there we are if you walk around these exactly. ultimately, i think you have a big problem. prices where the ten nates are not priced to market >> the ties are us with that

number i'm with lefty why? seaburg because he's wearing the left-handers mitt. >> it's a great story. >> two buys in one sell. coming up, did seaburg's pitch make you want to shop for shares vote in our poll reveal the answer later on plurks summer at the box off office sequels that probably should not be sequels michael burns will be he to re explain. you're watching "fast money" on cnbc ch first in business worldwide. i hired some help. he really knows his wine. this is the new guy? hello, my name is watson. you know wine, huh? i know that you should check vineyard block 12. block 12? my analysis of satellite imagery shows it would benefit from decreased irrigation.

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>> fish? >> call to action. >> fresh fish. >> come on, people >> come on out make a bid >> great, great, great charity >> let's switch gears here i ishtar 2, anyone audiences are not turning out for big budget sequels julia has the details. >> well, the u.s. box office so far this summer is down 7% dragging the year to date box office down 1% it's largely on the disappointing performance of big franchise films. the latest to fall short, the fifth transformers grossed just $69 million in its first five days here in the u.s. a third behind the prior film. since the mum my opened two weeks earlier, it's grossed less than $70 million in the u.s. on a $125 billion budget. fox's alien covenant dropped a record 71% from its underwhel m

debut to the following weekend, but the overseas box office is proving to be a saving grace for many films that have fallen short here many of them have far outperformed internationally, particularly in china will fo transformers five brought in $123 million and pirates of the caribbean dead men tell no tales as well as the fate of the furious, each outperformed the u.s. box office in china now, even in the u.s., it's really not all bad news for familiar names the se quul to dward yans of the galaxy is the biggest so far it's brought in $380 million in the u.s. and over $850 million worldwide and this weekend, hopes are high for universal's despicable me 3. predicting it will win the weekend with over $85 million at the u.s. box office. at the epd of the day, it's about the quality of the films because word of a bomb spread faster than ever

thanks to both rotten tomatoes. >> julia, our next guest is a hollywood studio executive who knows a thing or two about successful sequels michael burns joins us now great to have you. >> thanks for inviting me. >> julia makes a great point you have to look at the box office more globally because you can have a sequel here that looks like it bombed but else with where, it does fantastically. how can you tell that would be the case >> i don't think anybody has a crystal ball, but sometimes, you can buck the trend obviously, john wick did for us. the sequel did more than twice the business of the first and it's the highest grossing electronics sell through film we've had in history, which includes the hunger games, which is increde bable for some of these big movies,

enormous results in china. do you have any hunger games like films coming up where you have a glimpse as to what part two and three could be sm. >> i think we have a sleeper coming out in august hit man's bodyguard with sam jackson and ryan reynolds comes out this august 18th i think that has a chance to be a potential sequel producer and ipg this american assassin with cbs in september, that looks like it has a chance to be a franchise. >> there's a consolidation the industry what are you thoughts on that deal are you concerned that there would be preferential treatment for an hbo over starz? >> i think i was, i felt good about the fact that i heard over half the attorney generals in the states are paying close taepgs to that and concern eed

ma merger. i think the department of justice will look closely at it. hbo is a big competitor of starz and directv is a giant distributor across the entire united states, so the idea would not play well. or showtime, so we're just looking for a level playing field. >> so when you say half the attorney generals are looking into this, do you think there could be doj concerns? a lot of conditions on the deal? would that make align on's gate or another content provider less attractive in the ice of a cable company or carrier in materials of cross industry deals. >> as much i'd like to think we're the size of time warner, we're not, but i do believe that the department of justice is going to look into it. obviously, you had president trump who when he was candidate trump was talking about how much he didn't like this potential deal of consolidation, so again, we're just looking to be treated fairly >> we're short on time as always, michael, but with

sequels in mind, we know you must get pitched movies all the time before you go, we've got a few we want to get your take on. first up sequel to blade runner would you green light this if it came on to your desk >> yeah, i think the e is quell, harrison ford and ryan gosling i think that's a good bet. >> twins two with eddie murphy. >> did you know there's a twins one? >> first one was great >> yeah, it was. a lot of time has passed probably pass on that one. >> you would >> i probably would. all right, lastly, another classic. tom cruise in top gun u. are y >> i loved the first one so much, i'd say yes. >> it can work >> tom cruise, you think about the longevity. put the mummy aside. which internationally, it's doing fine but tom cruise has been a movie star for 35 years.

that is a, that's rarefied air >> i wish and i tell you, pete's egois writing checks his body can't cash >> you know i was going to say one more thing you have to think about this 360 of it all. you have shows that are morphing into movies and i wouldn't be surprised that one day after it's off the air, we have power as a movie >> good to see you thank you. vice chairman of lion's gate speaking of media and a man who narrowly missed out being cast in quick silver, some interesting options activity >> charter communication, we saw more than seven types the average daily call volume today. they managed to sell $1.5 billion worth of debt and what we saw were buyer of the july 345 calls. more than 3,000 of those traded for just under $5. that would have a value of about

$100 million if the stock should rise a bet it should go above 350, so up fairly significant ly in lez than a month so, this is kichbd an interesting bet. i think it's related to the fact that they just did this debt deal >> thanks for that for more action, check out the whole show friday. 5:30 p.m. eastern time by the way, in case you forgot, charity buzz take a look at this. the total is up to 8250 and that's great generous but you know what, america, you can do better. this is your chance to ask guy and the gang anything and they might answer >> anything. >> it's for an amazing cause five minutes left, so get in line >> ask anything and do anything. >> throw that out there. >> for a great cause speak for yourself still ahead. farmer bro martin shkreli back in court today. meg is on the scene with the

latest >> hey, melissa, well day two of u.s. versus martin shkreli co d othhe courthouse on t sendayf e trial of the so fathering pharma bro after this hey gary, what are you doing? oh hey john, i'm connecting our brains so we can share our amazing trading knowledge. that's a great idea, but why don't you just go to thinkorswim's chat rooms where you can share strategies, ideas, even actual trades with market professionals and thousands of other traders? i know. your brain told my brain before you told my face. mmm, blueberry? tap into the knowledge of other traders on thinkorswim. only at td ameritrade.

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martin shkreli is back in court today. meg has the latest >> day two just wrapping up. shkreli along with his attorney just leave iing the courthouse a few minutes ago. we were able to ask brafman a few questions, tried to talk to shkreli. brafman said he's used to this kind of jury selection it is tiring they are still trying to seat this jury after two days in the trial here saying he hopes to get to opening arguments tomorrow, but has no idea if that will actually happen. we could have fireworks today in the courtroom. brafman starting the day by asking for a mistrial based on negative media coverage. citing this morning's cover of the "new york post" with the headline jury of his jeers, quoeling some of the reasons jurors said they may not be able to be unbiased

a lot were dismissed because of scheduling conflict. still others coming in with some opinions about shkreli, calling him the face of corporate greed for example, the judge denied that and they are moving on with jury slek. that will continue tomorrow morning. some experts saying that motion for a mistrial really just sets brafman up to appeal at this end of this if they lose the case, but that to come >> thank you very much in terms of the bio tech trade, david. >> i like it i favor the ivbs over the small mid cap trade. i think they're going to continue to outperform, so i stay long right there. >> by the way, just look iing at the charity buzz, there's actually eight and a half minutes of bidding every time you put in another bid in the final ten minutes, i gets extended by ten minutes >> could last forever. keep on going forever, so don't think top of the hour, it's going to end no eight minutes right now. 97.50. so america, you've been

generous, but come on. let's crack ten, guys. >> ta 25 >> guy loves a grasshopper as an after tea. >> guy's favorite. time for the final trade around the horn, pete. >> you know, i'm going to stick with the steels for a little while longer a trade, not an investment where we've seen buyer, buyer, buyer. letter x going higher. >> a company that went from nat gas. it's very, very strong and efficient in the virm. i buy. >> and seller of energy here xle. selling tomorrow after the data comes out. i think draws are going to be a lot less than the bulls are anticipating >> gi. >> so dan nathan will be there you can throw things at him. dinner rolls that's worth 10 grand by itself. pete's going to be there he's a behemoth of a man tim, david seaburg without

poison ivy will be there with that gray hair. mel lee in the middle of dinner. >> yeah, baby. >> weather made it >> plenty to do. >> thanks for watching see you back here tomorrow at 5:00 "mad money" starts 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 money. so call me at 1-800-743-cnbc or tweet me @jimcramer we too often investor the day. i hear people talk about what is working.