couple episodes. it's interesting, they're not going to tell you a lot more than that. they're not going to say exactly what they served next. >> it would be fun to be on the inside maybe a little creepy, to know -- >> you might get freaked out once in a while. that's does it for "closing bell." thanks for joining us, everybody. "fast money" joins us right now. >> "fast money" starts right now. live from the nasdaq marketsite overlooking new york city's times square the traders tonight on foist, the crypto currency future, and in honor of the historic event, it's bitcoin week, with some of the biggest ballers in the space will be joining us all week long, starting tonight, they call him the bitcoin jesus, roger ver.

bitcoin bought at a buck where he sees it going next. an exclusive interview from the beach. why? because he can check out the far left corner, if you have crypto fever, we'll be fracking the price for the entire show, but first, we start off with judgment day for the fed. what could be the final rate hike for the fed chair janet yellen after four years at the helm all signs point to a go unher reign, it's up a whopping 350% closing along with aish rye. will this meeting prove different? do you just keep buying, guy >> i think you just keep buying. should this meeting prove to be different? i don't see how. i think it would be more volatile i think as long as think stay the course, i think the market is fine. we talked about this, pete's brought it up, i brought it up as well. it's 930 now, so if the the market was concerned about it,

it would be manifesting itself as a higher vix. many, many times, stay the course it seems like the market is volati volatile quite frankly not all that volatile. >> i think the fed did a very good job preparing the -- you would have seen more weakness there. when you look at what's going on with the yield curve, tony dwyer will tell you don't have to worry until multiple rate hikes happen and the curve reinvertebrae, as long as the fed continues this message that we're going to be slow and steady, we're going to be with the economy, then i think they're okay we still have a lot of room to go before people start saying, 3 percent ten-year, now i have some options once we get there, i'll be worried, but until then -- >> all glimpses from all fed-speak we've had heard the past two other three months is inflation is a bit of a mystery. it doesn't that goldilocks for

the stock market we have the fundamentals going. >> and the fundamentals are strong, and you said slow, steady, even transparent the one thing the fed has been is very, very transparent. it's probably why the volatility, and dan and i are always looking -- if it's so lo, quite frankly look around the market, what kind of movements have we had. no sharp moves, everybody is expecting some sort of pullback, look at the 3%, 5%, and yet it's been an orderly move to the up side, like we had today. >> i would say, what is different this time about this tightening cycle is when you think about how long it's taken us to get off that zero interest bound. it's years now, so one of the -- when you look at past up cycles in equity, we saw a pretty dramatic increase off the lows from 2003 when the fed funds got cut in half from the prior highs

during the dot-com it went back above 5%. the difference now is we have global central banks who are this low, we have $10 trail chron in sovereign debt which has negative yields, so this expert will be different we could all guess about the transparency and the turnover will be -- >> you think there will be volatility at some point it make take some other event where people will say, okay, this is a transition here and a new experiment, and who knows, but you know, at the end of the day this has been a gradual walk-up. >> and if you use japan as your template, the yield stayed very low for a long period of time after the debt bust they had, which is exactly what we had in 2007 i would not expect a rapid rise in rates like we did that doesn't mean the stock market can't go up anymore. >> b.k., did the stock market go up when the yield stayed low. >> no, it didn't, but people are

conditioned to be buying into equiti equities. >> so let's say there's not much volatility is there a continuation of the rotation we have seen in recent years? >> you've seen it waning they've come back, i think some of these retail names are on the trading side of things that stock has done extraordinarily well pete pitched target. we talked about the target on july 13th. very quietly that stock is probably up 15% or so. >> some breaking news on comcast dropping its bid for fox assets. julia boorstin has the details. >> comcast says it's no longer interested in buying 21st century fox's entertainment assets this comes amid that disney could announce a deal to buy those assets as early as this week comcast saying when a set of assets like 2 isst century fox becomes available it's our

respond to evaluate if there's a strategic fit. that's what we tried to do we are no longer engaged we never got the level of engagement needed to make a definitive offer we'll continue to drive business and providing excellent experiences for our customers. while comment cast is out of those negotiations we do hear that disney is still in talks with fox for those assets and we are awaiting any more news from them we'll see if we get an announcement this week, thank you, julia, worth noting that comcast shares up by almost is%. what does that say in terms of shareholders' willingness to say let's do a deal. >> i never felt as if comcast was the right buyer. i still think and think that the stock has been slowly moving higher and higher. we even saw that move today over 106. 9 strategic fit is what was brought up it's a strategic fit does work i

think very very well with disney i own both stocks, and i own comcast, because they felt like they would be the loser, and once then get pulled that stock will go higher the reason i say that is, who are they going to buy next what are the circumstances and what is the best fit for comcast in terms of what their portfolio looks like >> guy, you have always made the case this deal or. >> i think it still is it ices comcast out. >> i still believe they have 30% ownership, but i think disney will have -- i think disney probably has 60% if this deal were to go through what does it mean for comcast? i think it rallies off the back of this, but i also think valuation-wise, comcast is not a cheap stock. as a matter of fact, disney is actually cheaper. >> would you rather -- >> i didn't sell --

>> i'm leading you down that path. >> you know who it is. say it. >> disney or -- >> disney. >> bob iger. >> i think it's too expensive. >> interesting article in the journal, nothing new, but talking about the potential consolidation in the media space. the takeaway is but but they did mention that apple and amazon are coming appear 8 spent a billion in original content last year, amazon spent 5.5 bill yoon, the numbers are only going up, but at the end of the day i think you have to keep an eye on netflix. maybe they do become an acquisition target. >> an acquisition target of comcast. comcast for netflix. >> the thing about his thing, hulu, two thirds owned by the fox assets, maybe that's the play. >> i like pete's play, don't get sucked into comcast. you use this for strength. let's bring in jonathan gal,

and at one point, one of the biggest bulls on the street. he joins us on the set good to see you. >> good to see you. >> at one point -- how about for 2018, where do you stand >> i still think we are in a trend of low double-digit returns until we start to see pressure on the fed to really tighten, until we seen wages go up, i think this is going to keep going on. i continue to be bullish >> the fed meeting with week, there's nothing that will come out of it? >> i was talking to our economists earlier, what could the fed say that would be a surprise this thing is baked in already you have to wonder what they are possibly thinking, you were talking about before even if they signal the economy is a bit stronger, we know that the economy is a bit stronger. i think until we get further into the year after the march meeting, after the june meeting,

then we're going to wonder how much damage will they do the other thing is they'll start to roll off this balance sheet, to try to figure out is it tore or three meetings? it's a mix of tightening we'll see from then that later in next we're we're going to have to start to figure out, but not this week. >> where do yields go? let's talk it ten-year before the market gets concerned? >> we put out a report a couple weeks ago, up until about 3.5% -- it used to be up to like 5%, a much lower number, but at 2.4? that means the next 100 basis points, the market is somewhere between positive or a shoulder shrug, you know, that's a very good thing. >> 3.5%, is there some scenario, and this may be sort of not the conventional view, which could spike rates to the up side very sharply? is that what the market is underestimating? you get tax, you get an infrastructure bill, and it

overshoots on yields to the up side >> i was really concerned about this tax bill, that it was going to put too much pressure -- we have a 4.1% unemployment, and we're adding jobs, at some point you get a wage problem for some reason, nobody can actually understand why wages haven't gotten up that much. if you have an infrastructure plan next year, i would still have the same concern, that maybe pushing this trade too hard, but for right now we're not there. eventually this thing will end with higher inflation, but it could be in 2020, but definitely not in the next couple quarters. >> hi favorite sectors are bank and technology pete, what did you do today? >> i actually took off one of the my banks b. continue to hold on to citi and bank of america i still think the financials have up side, i think part of what we were seeing is the tech side we saw some massive, and i added

to my microsoft position to jonathan's point, i think they both lead >> i look at tbt oil looks like it wands as to -- so that will put pressure on the fed, yields will go high her, and i have some room it acts as a hedge. >> daniel? >> i see what pete sees in the mega-cap tech. i want to carve out a sector, the semis. i was early on an smh short, but the outperformance there, and the reliance, kind of let me to lead -- i don't see the balance

in that sector. >> on the bearish side, i added to it. to me i can sigh why you can go into the mike roar soft or some of these names that have more valuation support, that sort of thing. to me i think the semis are probably mid to low 90s in the next few weeks. adobe sold on the 186 or so down to below 170, probably on the back of weakness amazon still feels like they got their footing back, so i think this trade sets up well to get long adobe into that earnings release. coming up, he's known as bitcoin jesus, both feared and revered in the cryptocurrency space. quietly tesla -- remember that stock -- it's been in the midst of an electric slide could it make a big u-turn there's still time to make money. the chart maers have a group of left for dead stocks he says are

about to surge much more "fast money" right after this we know life can be hectic.

that's why at xfinity we've been working hard to simplify your experiences with us. now with instant text and email updates you'll always be up to date. you can easily add premium channels so you don't miss your favorite show. and with just a single word, find all the answers you're looking for. because getting what you need should be simple, fast, and easy. download the xfinity my account app or go online today. tesla top the tape today, it hasn't exactly been smooth sailing for the stock. the car company is still down more than 50 percent from the recent highs pete >> it's never been smooth

sailing. both up and down, i think tesla is the most interesting companies out there, and we get caught up in so many different things, but tesla, is it a parent company or something else i continue to lean on the software with the hardware side. because of that i think the valuation is completely different, but that's why i still like the company so what does it do b.k. nailed this double top back in december, around 385. we said very good chance the stock hits 280 close enough for government work well, close above 385, so i think the next leg higher is well win our reach

they report in mid february. short of testing that 320 level, ity tesla goes higher. pretty soon when we see mid level cars rolling out, this is how it's it's not even that close, it's not going to all of a sudden -- >> i think you're wrong. >> i think you're wrong. >> the stock -- because people are. >> c'mon, nobody is going to all of a sudden decide it's a car company. this is all about elon musk. it's all about his vision. who is the ceo of gm >> you guys are really passionate about this.

i feel like you took a hiatus, and now you're passionate about the tesla again. >> we're talking about what's right. i know we have to go to commercials, but friday's show "options action" -- i'm just sayen. >> he remembers. still ahead a biostock juno sinki sinking today. what the ceo thinkings the street is getting wrong. in the meantime, here's what else is coming up on fast. we're asking basic questions about the worldwide bobby. so we're going to take all our basic bitcoin questions, so you won't look silly in the future, so tweet us, and we'll answer it live on air. plus he's the man who bought bitcoin when it was $1 what does he see now

roger ver, aka the jesus of bitcoin joins us next live from a beach. yeah, he's a crypt o-baller, and he'll -- when "fast money" returns. causing a lack of sharpness, or even trouble with recall. thankfully, the breakthrough in prevagen helps your brain and actually improves memory. the secret is an ingredient originally discovered... in jellyfish. in clinical trials, prevagen has been shown to improve short-term memory. prevagen. the name to remember.

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i need that stuff like you don't know. and now that you do, please give at cancer.org welcome back to "fast money. in the beginning humankind discovered toss to make fire bit correspondent futures, launching last night at 6:00 p.m. surged to 20% bob pisani is at the stock exchange with more hi, bob. >> it's been a long way, the price sunday night 15,000, it immediately rocketed up ending the day north of $18,000 that's up about 20%. that's a premium to the cash price of about 5%.

the volume has been small today. that's around $70 million, but trading was orderly, and it's a start. so just to note with spot and future prices. the first, and the gemini exchange, there's a morning and afternoon. the future price, so the futures price of bitcoin today in the middle of the day was north of 18,000, that was up about 20% from the sunday afternoon auction price of 15,000 and change a little confusing, but that's how it works more participation, more volume in the futures contract will go a long way toward making bitcoin a little more respectable. that's good new. more participation, will also introduce an element here's the bottom line the appearance, tots more

transparent. bob pisani, thank you so much. how should you buy futures b.k. is at the plasma breaking down a little strategy with "the more you know. >> futures irfayly simple instrument i'm not as star as the guys at 5:30 on friday first of all, you want to identify your key levels number two, the thing with futures is you'll have high risk/high return high risk/high reward, you'll have leverage in this particular case on the cboe, you have to put up roughly half of what you're doing, and then you always, always want to use a taupe and have a stop-out level, because futures can move so fast, you want to make sure you protect yourself let's go to the next one here. let's take a look at this trade.

okay looking at the bitcoin futures i know some people thought bitcoin would be anighated, because it went up 20%. here's what it looks like. the nice range right here, so you want to use that as a protective stop area so if i look at futures here, my stop is at 1730. that's just below this range here i'm going to buy the futures at 1790 my target is 2180. you might say b.k. you're crazy, that's okay, because 2800 is 3800 points, which is exactly the measured move that we had overnight. so, we put up about eight or 9,000. we have a risks of $500. if we drop down to 1730, we'll use 500, but if we go up to 2180, we're going to pike 3800 that risk/reward is much greater than 3 to 1. the one thing to say about these particular contracts, it's one for one. if you buy one contract it's

just like buying one bit town. haz how you trade futures. >> that was sharp, b.k here's the thing with futures, you know equity investor oftentimes after hours will trade futures against stock holdings you're long a bask of stocks, and may short some futures to lower your delta exposure, do you expect the futures to be used that way? or is it because, you know, cryptocurrencies trades 24/7, it will be less of an impact because all these markets are trading. >> i think as the market matures, you'll see those. if you're long bitcoin, you can sell futures against this. you almost make it a yielding instrument it's going to take time a lot of

institutions because of their mandates aren't a laed to own -- are they allowed to trade futures? , yes, they are. that's why i think this is a whole step if you're already trading currency futures, you can trade bitcoin currency the same way. it's bitcoin week, kicking it off is none other than the bit counsel jesus himself, robert ver he bought it trading at $1, and became the first proponent for it the fast-forward to today, and that invest is roughly -- he -- and online platform, he joinses on the faye line from a beach. why a beach? because he can he is the original crypto-baller.

i want to get your views that's what most of our retail viewers are trading these days what's your view on where this asset could go i think lots of people are excited, for piling in, and just don't be the last one holding the bag. the reason i became investing in it is allows to enter change any amount of money with anyone in the world basically for free and there was nothing anybody could do to stop it. bitcoin cash still has its properties if you want to send it, it costs to send money. if you're trading futures, all those things have utility, where is bitcoin, i'm really, really concerned about the future, because a group of developers got in charge of it, and they said they wanted high flees if

that is the case, people won't want to use it we're going to cross 1 million bitcoin in the next 24 hours it's a really, really exciting time you feel like if you some issed out, take a look at bitcoin cash, give it, you know, use, i think you'll be really, really impressed, because it has the same economic formula that let it to be a worldwide phenomenon, but the one that's being traded on the futures market no longer has those characteristics. you think it has even more up side a million dollars from the beep here, to you in snowy new york and it cost less than a penny to receive it on your phone instantly. if i tried to do it with bitcoin core, it probably would cost,

and it may not show up for days or weeks there's a difference in the utility. if you're looking at a cryptocurrency, and if it's bitcoin cash -- >> if it has less utilities and you're concerned about bitcoin, does that mean bitcoin's price will go down or do both go up in tandem >> i think there is in the short run people are going crazy at the moment, but i'm in this for the long run -- and not require for banks, governments or anything at all. that's clearly a vision -- not the vision of bitcoin core at this point and very pleased with that 400% in the last couple weeks, and bitcoin.com, one of the top wet sides in the entire world for bitcoin is fully supporting

bitcoin cash if you want to get in at the ground like, i would think about bitcoin cash in my book, bitcoin cash is bitcoin. >> glad to have you on here. is there a world -- where bitcoin cash is that transactional currency, and bit counsel core is calling it just the digital gold it has all sorts of other evaluations. it's used in -- and it has the secondary uses that people feel safe, whereas business coin core at the moment doesn't have any other cases other than being a core value i don't think people will continue to use that, but use the digital currency you can buy your coffee at starbucks, for example the price of bitcoin going

>> i think in the short run. it continues to have these -- and slow unreliable transactions, which is what the -- core process should do, if things are super expensive and reliable, i think that's -- and once bitcoin cash surpasses bitcoin core and people are just going to call it bitcoin and not much longer after that, they're just going to you call it cash, the carb for the entire world. >> so bitcoin's days are numbers it sounds like you're almost saying >> i'm pessimistic on the long-term future do an experiment and it has a bitcoin core and bit counsel cash wallet. have someone send you $20 and send it back, they are if they send you $on bit concore, it costs an additional $50, and you

probabliant send it back, because the -- it crumbles into nothingness every time you use it >> it took a long to invest in it six years ago do you feel more about bitcoin cash today than you did about bitcoin six years ago? it's no longer cryptocurrency sit. and they can go on for a long time, and it might go on for farce -- the developers behind it have detroited that at this point. i think it's bitcoin cash. there's a lot of competitors out there as well. >> and if you can't offer your customers the best products with

the best users experience with the lowest cost, they're going to go somewhere else we have seen by coin go from 100 market hair to down around 50% market share that's a direct result of it having a bad user experience and the development in openly saying they wanted to have a bad user experience it pains me to do so the world's first investor in bitcoin startups to say these bad things, but the fact of the matter is utility of bit coins has been damaged severely bess these people it's -- >> roger, a pleasure to speak with you we hope ujoin us again roger ver. >> would you rather today bid coin cash or bitcoin >> if i said to make the choice -- i own both, but i would own bitcoin cash, because i think the market is bigger

if that's what bitcoin wanting to to fantastic, but bitcoin cash is going after global n-1 or the cash market effectively so much bigger market share. >> i would just say listen, i'm not an -- have had this amazing run, so when you hear someone like him, an early evangelist -- i probably would go bitcoin cash. ahead, is the crypto-craze head spin? we're going to ask the questions, send us a tweet want to play catch upin the market the chart master carter rtwoh says there's a stock that's about to break out he'll give us the name when "fast money" returns markets.the his advisor ran the numbers and showed

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as we head to year-end, there are some left for dead stocks finally joining the party. to a man who is always the life of the party, dom chu in the newsroom hey,dom. >> you might be partying if you are lucky enough to do a little market timing, melissa so we wanted to take a look for who could fit the bed. the stocks may have been beaten up a bit we did a little screening. we looked at russell 1000

stocks, after hitting a 52-week low sometime after june 30th this year, so our search got down to around 40 stocks the list is populated by a lot of energy, retail and financial-related names that have managed to put together real positive momentum as of late among the more well-known names, chevron, which after hitting a 52-week low, has rallied around 17% since then then there's nike, which just did it, hit a 52-week low a couple months back on october 12th since then it's up around 22%. who is in the mood to do bulk christmas shopping costco hit its own low for the years on the 21st, then rallied since then the dip buying definitely worked here, but will it last into 2018 time will tell back over to you. are these stocks trades or

traps? chevron. pete >> i have to go with traps >> i think it's a trade. do yourself a favor, pull up the weekly chart it looks like, and there's a reason why they don't triple tops >> anybody thin there's a trade -- >> i own it -- i think the last earnings cycle disor if you're looking at the right spot, it's the right trade. when you look at the growth internationally, which is what i think they're focused on, that's why i like nike. >> $50 for about six, seven months, now i think it's added towards the old highs.

if that's the trade, that's a trait. >> costco? >> i think it's a trap >> declining margins, increased cost, same-day delivery. amazon prime has come in this stock traded at 155, so to me they report on -- this is one i have a bearish view on >> speaking of comeback trades, the next says says there's one underperforming stock. carter worth is at the plasma to break it all down. >> this is a story about merck three lines, this goes back to the inception of standard & poor's current sector nomenclature what we have at the bottom is merck. merck is a subsays of s&p 500 is pharmaceuticals, which is a subset of health care, so it's

clear dragging, but they're both dragging the entire sector one stock, pharmaceuticals so the sector itselves, nine stocks, here are the top three names. they collectively are about 70%, you know the names i want to talk about merck the group has really lagged, and i think we have an opportunity for a catch-up relatively -- even as you've got up, you're going down relative , this is the last five years, same circumstance. the farm suit cams are not performing it is literally making new lows, so even as it goes up and makes

highs, you're not generating alpha as a portfolio manager let's talk about merck here's the current one year chart. america on the bottom, that is a hell of a spread 18 versus down nine. let's do the five-year chart same thing, this is getting pretty extreme, and now let's drill down on merck. merck, it has bounced off this trendline, once, twice, three times, four times. i think you're going to get the bounce again i want to play for that. let's do the short-term chart. here's our drop. well-defined lows, a plunge, and i think what we've got is a minor head-and-shoulders bottom, and i want to play for a retracement. a big laggard, closed around 54 today. thank you very much, carter. unfortunately we're tight on

time we can't bring you back, but we still love you >> number one. thank you very much, carter. merck, by familiara 1234 call the application forsh and stuck with that 14%, like that but you know what? they have another stud,in progress for another application that if it gets through, they'll reapply for europe, which could mean big things for merck in the first half a roundabout way of saying i think it will have a comeback. i own this take basically for the pipeline, but i also like the management the one thing i struggle with all the time, when i look at the p.e., it seems hefty but i agree with carter, and i like his charts, i think this thing is going higher. still ahead, confused about the crypto-craze get out the phones and head to

twitter. plus juno therapeutics sevening 14%, what has investors hitting the sell button. megan materitirrell is standingy with the ceo >> we bring you the ceo to talk about what's driving the business back after this. (news anchor) downtown traffic is still bad. expect massive delays. (radio channel changing) (news anchor 2) all lanes on highway 50 remain closed at this hour. (news anchor 3) the stats are in and this city leads with some of the worst traffic, with the average driver sitting in gridlock the equivalent of three days a year. for every hour that you're idling in your car, you're sending about half a gallon of gasoline up in the air. that amounts, over the course of the week, to about 10 pounds of carbon dioxide.

growth is good, but when it starts impacting our quality of air and quality of life, that's a problem. so forward-thinking cities like sacramento are investing in streets that are smarter and greener. the solution was right under our feet. asphalt. or to be more precise, intelligent asphalt. by embedding sensors into the pavement, as well as installing cameras on traffic lights, we will be able to study and analyze the flow of traffic. then, we will take all of that data and we use it to optimize the timing of lights, so that traffic flows easier and travel times are shorter. and sacramento is just the beginning. with advances in cameras, sensors, and network speeds, we have the ability to make cities smarter, and happier. what excites me about this technology is that we're using some of the most cutting-edge machine-learning, and ai, to help solve the most fundamental challenges that cities face around the world.

who knew asphalt could help save the environment? (lani) and the possibilities are endless. of the most important events for

the space of the year, our own meg tirrell is at the ash conference with the ceo of juno therapeutics meg, take it away. >> melissa thank you so much hans bishop, thanks for being here. >> a pleasure. what handlists are calling a pretty good update in your cancer program tell us about the data and why you think investors are reacting. >> it's difficult to know what one-day stock moves you about, we think about what doctors want in the treatment of refactory patients, they want good efficacy and tolerabltolerablit. and the tolerablity profile looks equally encouraging. the two most common side effects we're showing quite low rates.

>> about that run up, you see a jump around the time when your competitor was acquired, your partners celgene ko -- how do you look at the future >> we focus on execution and science. what's in our control is getting them approved, we're moving into the clinic early next year with a car directed, it's j-carrish 125. we have a car-t cells and crs and solid cell tumors, and looking at that programs next year that's the focus of everyone who works at the company. >> two of your competitors are already on the market having set prices of around $400,000 a year for their drugs, do you see that as a good paradigm >> i think it's too early for us

to say what we need in our hand is the data on which the drug already approved we have to think of value for the system one thing we think is important about j-car-17 is this low side effect profile and the timing at which the side effects will develop, we think will allow the drugs in the outpatient setting. >> so outside the hospital. >> these patients, many of which have had a lot of chemotherapy, you don't want them in the hospital because of the risk of infection, if we can give this drug in the outpatient setting, it will be good for patients, clearly good to the hospital resources and good for payers. i think that's an important opportunity with respect to the value. >> a lot more to discuss, but we'll have to leave it there mel, back over to you. >> what do you think >> rhyme still bullish, the stock is still a double from when we started talking about. cash burn continues to go down,

that's a good thing, and the science works. i understand why the market sold it off they were concerned about some adverse effects, let's just say, but i think they're missing the boat the science behind these companies is intact. i think the stocks continue to go higher. >> how about you, pete have you been in and out of the juno >> i have not been in juno right now not in any biotechs, they had a great year, whether it's the xpi, but right now no biotechs. one trader is betting on paying ahead for the entire group. >> juno is down a lot, but right after the open today, options volume was running pretty hot, about two times ample daily value. there was one change where a trader bought 3500, 9669 put spread is about 600,000 in

premium, down 1303.30. i just thing this chart is likely protection against a basket of biotech stocks look at this one year truck, not too did i from what carter was showing in merck, but look where the up trend is. so make just a little near-term protection in a space that's getting a little volatile. for more options actions, check out the whole show on friday. coming up, you have a question about bitcoin you're too%ed to ask? now is your chance we'll tell you everything you need to know for"fast money" after this well, it's earnings season once again. >>yeah. lot of tech companies are reporting today. and, how's it looking? >>i don't know. there's so many opinions out there, it's hard to make sense of it all. well, victor, do you have something for him? >>check this out. td ameritrade aggregates thousands of earnings estimates into a single data point. that way you can keep your eyes on the big picture. >>huh. feel better? >>much better. yeah, me too. wow, you really did a number on this thing.

>>sorry about that. that's alright. i got a box of 'em. thousands of opinions. one estimate. the earnings tool from td ameritrade.

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fast, and easy. download the xfinity my account app or go online today. welcome back to "fast money. we wanted to alert you to an s.e.c. statement that was just published about cryptocurrencies it's a pretty long statement, but the concluding is that the s.e.c. is committed to promoting capital formation, the technology may in fact prove to be disruptive, but that the s.e.c. encouraging main street investors open to the opportunities and ask good questions, demand clear answers and apply good common sense when doing so so you can go on to the s.e.c. website to real the full statement. b.k., we did see some move. >> you say bitcoin spot a bit and futures come down a bit. i view this as relatively

bullish. we've talked a bit about ethey'rium and the offering which are generally done with ethereum we in the meantime are taking wire bitcoin tweets tonight. our first guest asks -- is it a good investment tool i'm trying to get rid of traditional stocks to get half bitcoin. >> it's highly risky, so, you know, i always say 1% to 5%, put it in digital currencies. good advice. up next, final trades. just like some people like wet grocery bags. getting a bad haircut. overcrowded trains. turnstiles that don't turn. and spilling coffee on themselves. but for everyone else, there's directv. for #1 rated customer satisfaction over cable, switch to directv. and for a limited time get a $100 reward card.

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welcome back to fast time for one more tweet. jeffrey asks -- is bitcoin a currency or commodity? >> great question, hard to answer i'm going with commodity it's too volatile to be used as a transactional currency maybe the future is coming if the volatility gets tampened down for today, think of it as digital gold. time for the final trade around the horn. pete >> there are some unbelievable volatile currency. microsoft. giddyap. >> i'm going with the apple. that news with shah s.a.m. are bigger than people think. >> that's laughable. you killed it on the bitcoin stuff, but shah s.a.m. --

>> i think you can take profits in the earns on thursday. >> i thought meg's interview was great. juno is too much, i think, so i would say juno. thanks for watching. more fast and more bcoitin week cramer starts right now. my mission is simple, to make you money i'm here to level the playing field for all investors. there's always a bull market somewhere and i promise to help you find it. "mad money" starts now hey, i'm cramer. welcome to "mad money. welcome. my job is not just to entertain you but to educate and teach you. call me at 1-800-743-cnbc or tweet me @jimcramer. here is the question so many people ask me, how the