probably. >> they still maintain a big position. >> $4,000. >> that's the target >> that does it today for "closing bell" thank you very much for watching. >> have a good evening "fast money" begins right now. "fast money" starts right now. overlooking new york city i'm melissa lee. tonight the last of the fang stocks, alphabet out with earnings moments ago that stock down about 2.5% josh lipton spoke to cfo he's been monitoring the conference call and will bring us the headlines the chart master says there is one group of stocks that have come too far too fast. they'll tell us what to buy instead. we start with the rally, the nasdaq officially exiting the correction as tech stocks are on the run. the nasdaq now up 18% from the depths of the december lows and you'd think it was off to the races, but with alphabet coming up lame in the bulk of the big

tech stocks actually lower since their reports. has this rally been nothing more than a head fake dan? >> i don't think so. if you go back to the beginning of december, we had this gap opening. there was a lot of enthusiasm on the head winds that had started the volatility earlier in the summer into the fall the nasdaq dropped 18% in nearly a straight line in three weeks we've had this massive view revr reversal we said you've got to wait for earnings, see what visibility they have and how they are positioning for 2019 as it relates to expenses relative to the possible deceleration in sales growth what have we seen? microsoft, apple, google and amazon those are really important stocks they're all $800 billion market gap stocks we are seeing them deal with decelerating revenue growth for 2019 so are we likely to see a stall here now that they've all reported earnings and now that

they've all run after the reversal yeah is it a head fake with the nasdaq up? if you're buying the nasdaq up 11%, you're kind of doing it wrong. >> the ricochet is on the preceding selloff. if you look at all instances where the s&p moved up, almost all are predicated on a decline. it doesn't happen off a high it happens on a low. is the sell yoff the primary event? we're recovering from the damage done, but the damage was still done and key stocks such as microsoft are not performing well. >> their first question, do we think they're overextending is basically paraphrasing i do think we are overextending everything these guys said, we were so oversold on the level in december we rebounded there's a lot of the maga tech

names that drove us down issue lifting us up and they eventually will run out of gas and we'll see the market turn around and flatten out and then rollover. >> when you look at the macro landscape, we're in a period of time where economic growth is decelerating we're seeing inflation slowing typically when that happens and you back toss the different sectors, tech is one of the worst performing sector ppss. i do think with the powell pause in play, i think inflation will start to take up over the next few months. >> i think it's fair to say that amazon down 3.5% on friday is a rounding error when you consider where the stock has been in the last year, what they reported. anybody could pick -- google, the way it's trading or alphabet is trading like a rounding error. there was nothing in any of the results that said you have to run for the hills and you have to sell them what you really are doing is the fact that those stocks made up such an amount of positive performance over the last few

years and now as we see this deceleration in sales and the potential for these head winds to remain in 2019, you're saying to yourself do i have to go in and buy them now >> i will tell you the thing that would make me change my mine, because i do believe we are -- i think we're all on the same sort of page right now. >> you sound a little more constructive, mark. >> yeah. i would say -- i would say that the powell pause, for me, if powell comes straight out instead of dancing around that topic, i would assume that would give me the all clear. >> you think he's going to do that >> he danced around it i don't think he's going to do it that's why i'm hanging on. >> so you're not going to get the all clear. >> i'm not going to get the all clear. >> do you think pausing is the all clear? if he doesn't go anymore, it's a different set of problems. >> i totally agree i'm still negative on the market we sat here during that christmas week and i said i thought we were going to see a round of 10% we overshot that

i still believe that we're -- it was just position at this point. guys are now 100% where they should be. they're long i do believe that you're going to see the last gasp china trade. when that deal gets done, you might have a day or two or three and the market rolls over on that. >> i think you'll see tech continue to underperform relative to the s&p for probably the first half of the year and then i think by the second half tech is going to regain its leadership and i actually expect tech to be the best performing sector we prefer software i think software is where it's at we're looking at higher margins there. we specifically like the companies that are realizing recurring revenues so, so look a company like sales force they're investing heavily to get their platform off the ground. it's tough to leave in a

recession. it's one of the last things businesses are going to cut. >> obviously there is a massive shift going on in that area, but think about the totality of those market cap ps. it's going to be really hard if they outperform and you doenn't have the maga caps i think you've really got to focus on the banks our friend highlighted european bank stocks and it was really important, the sx 7 e is down almost 40% from year ago highs we're talking about the fed pause here we're talking about maybe a government shutdown deal we're talking about things very much focussed on the head winds we're seeing -- let me tell you what has not rallied. jb morgan. it's basically flat. banks have really stalled here >> if the powell pause, like carter said, it's a whole host of other problems. now you're going to have growth issues going forward i think that you're going to

have -- when you come out of that china trade deal, that's going to be a negative for china. that's going to be a negative for the u.s. and for everyone. by the essence of the deal, china's growth is going to come in further that's not going to increase china's growth tariffs are still going to stay in place to keep their good word on t but if they've been raking us over the coals -- >> what kind of deal are you thinking of though if tariffs get suspended or at least they won't be ratcheted up so how will it be further impaired >> they have to give something back because trump wants a good deal. >> so not forcing technology transfer is affecting their gdp? >> let's say there is a deal we could have priced it in. >> when do you think the deal is going to happen? this year? >> they're going to have to have a deal done in the next month. if they don't have something done, the market sells off if they get something done, that

stints global growth even further. everyone thinks this is the magic pill it's not the image ig pimagic p >> so it's damned if you do, damned if you don't? >> i do feel that way. i feel like everyone was so positioned -- not positioned for the selloff that they're ratcheting back up. >> i think it could make the case, though, if you literally have more than a six months time horizon, the crash that we saw, and it was a crash for all intents special purposes fro the highs in september in the s s&p 500 down to the christmas heave massacre, you're going to have opportunities to buy some of the names and sort of the moves like crms and that sort of thing. if you look at the since the start of 2018, we've had peaks and drops and big dramatic lose. we may get another one i just don't think there's any

opportunity to say it's done, the coast is clear. >> it's all about the cycles they led on the way down we're expended a lot of energy if you have latent potential, you have exploitation potentially. how much of the potential that existed in the lows in december have been exploited? a great deal. >> what scenario do you see in which the markets would go hi higher >> as i said before, i think it revolves around the fed. i think -- because right now the fed is not neutral what the fed funds rate minus cpi, you're still positive there. they're still tightening if he still continues qt, even if they year they slow it down, he's still burning through $400 billion this year. >> that's negative for the market. >> negative. if he stops qt -- >> so likely of all scenarios, when it comes to the fed as well as china, the market goes down. >> the market goes down and this is a whiplash effect that everyone was enamored with the

headline the fed is on hold people have factored in that the fed is doing nothing for 2019 and that they're slowing down qt immediately. which is an error on their part. >> this quickly. do you agree >> i do agree. i think the most dangerous thing is that if there is some external event, look where we took a pause i go back to saying this we dreamed up all the twists 11, 12, 13 can you imagine the acronyms they're going to have to come up to support our economy if we do have some sort of event that emanates from europe or china? >> let's get a check on shares of alphabet. they're down more than 3%. let's get some instant analysis on the stock. >> so it's almost identical to what amazon did, frankly what microsoft did. this is the issue for the market you need these big names to perform for the market truly to press higher so is it a nonevent? in a way it is

it's not so much how it's done it's the fact it's not up. anyway, let's put a few charts and see if we can put it all together so the lions are kind of waiting for this google has been up against this. it's going to hit that and move back down. now, again, it's not a big deal, but i would point out something. right here, what you can barely see, i zoom in here, there is an unfilled gap right there you can just see it. there have been about 16 gaps in the past 12 months that's kind of where the stock is indicated it's a very interesting thing. unfilled gaps are very real. here is the tell as to not only did google come up to this line and is failing, but as it was advancing, and this is really the issue, off of the lows, it's been underperforming the market. and now, of course, the facts

are out. earnings were not good enough. >> all right thanks for that, carter. why don't you come on back over. we should let carter sit >> i agree with him. google has been trading. it's been fighting the 200 day moving average since back in october. it's had a couple of run at its during this volatile period that we've had. it stalled today was the day it was up most of the day it got rejected again at the end of the day and we see what the stock is telling us. i agree most with the declining tr trend line google has expenses, contact cost, youtube, what it costs to drive traffic through them i don't think they're beyond gdpr yet >> mark, quick take on alphabet. >> love it long term there's one number that that they obviously can't publish and that comes from the advertisers

and that is cost per qualified lead from the advertisers perspective and i think that cost is lowest with google because they do have the best digital advertising platform we'll have much more on alphabet earnings throughout the hour plus volatile after hours. stocks have been breaking out but is a boom about to go bust plus it is the $245 billion question what should apple buy with all that cash? the traders will play matchmaker and after a strong start to the year, a ral ne oly in one groupf stocks is about to stop dead in its tracks we're live from times uasqre in new york city. much more "fast money" right after this

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welcome back we've got an earnings alert on gilead it's down 3.5% >> mixed reaction on wall street to gilead's report jeffrey saying that the stock had some higher expectations going into today's report given how management has talked of the business over the last few months analysts there still expect the stock to bounce in the longer term rbc capital staying bullish.

$70 price target citing the strength gilead is seeing, the hiv franchise which is continuing to help drive product sales above. that's a key question for longer tem, strength in the hiv drug franchise can offset the decline in the happen tigepatitis c drus a longer term chart will show you it is down about 15% in the past one year. back to you. >> thanks. mark, what do you like about gilead or not like >> i don't like much at all. unfortunately sales have been declining since 2015 i think a lot of people were expecting 2018 to hopefully f ffo for gilead be a drop their hiv franchise might be peaking. what they need to do is transition more towards cancer and diabetes they have a new ceo in place who could help them with that

transition, but i think that's where the future is. >> i think that new ceo is running out of momentum. stocks running out of momentum when you look, i always choose to invest in ibb over the individual stocks. ibb slammed from october to december down 27% up 14% year to date. outperforms the majors i would stick with the ibb versus buying the stock specifically. >> and then xbi, which through the big run up outperformed the ibb and has underperformed if you really want to embrace this as a theme, you want to go small, higher. >> what's interesting is it topped out at 100 and went down to 65. to see a weighted index move like that in such a short period of time, now back at $85, it looks like it's at massive resistance we've seen some acquisitions

over the last six months it just doesn't seem like we're in that sort of environment. to me i would be shocked to see xbi make a run at what was a huge double top at $100. >> you know what's a bigger macro theme as well? we talked about drug pricing that has always been a head wind it's a bipartisan head wind. now with the democrats running the house, we saw today the stock buybacks coming out in full force against that. does it really go kanyplace probably not now when you start to talk drug pricing, that's truly a democrat and republican source of contention for these corporations maybe that rears its ugly head again. >> when the group topped out that was a nasty -- small caps leading the market this year, up 12% carter who called the rally by the way in late december said

the group has come too far too fast you're watching "fast money" much still ahead ♪ ♪ our new, hot, fresh breakfast will get you the readiest.

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ready, set, rally. markets on a tear with the s&p 500 up 10% in the last few weeks. >> it's very impressive. the marketis in a slow melt up that's leaving it i think vulnerable to overvaluation. the markethas been outstanding recently many more advancing than declining. buying interest is higher, selling pressure is lower.

the virx has collapsed. where are you on the 2019 earnings debate? strategists are divided. they believe we're headed towards an earning recession those who think we'll avoid that this is not a trivial question the last time we saw two consecutive quarters or more of declining was in 2015, 2016. not surprised. the s&p was down in 2015 that was the only down year between 2009 and 2017. got your attention now right now first quarter earnings are down to 0.5% growth estimate if you're in the camp thabelievs the market will see only 4% growth, the s&p is selling for 16.1 multiple. that's a bit pricey for such low earning growth

if you think there will be zero earnings growth, the s&p is trading at a multiple of almost 17 that is really pricey for no earnings growth considering the historic average is closer to 15 or 16 with typical earnings growth of 5% or 6% the revenues are strong. 6%, 7%, but earnings are going to zero. this implies margins are under pressure likely from higher costs associated with wages and material costs it's another ran to be a bit cautious back to you. >> thank you, bob. who's in the camp with zero percent revenue th that really shifts how you think about pes. >> we need to see top line growth ifyou don't you start pricing in what we think have been the adverse effects of all these global head winds we're talking about, lower growth. here's the thing we talk about all of the maga caps. >> mega, not maga. >> what is the most economically

sensitive thing? shift towards online advertising? we haven't seen an earnings recession. we haven't seen a recession. people don't think we can see the top line go down in facebook or amazon or google. it's likely to happen. >> the real irony is that wall stree street in general holds out. yet, there's been no changed earnings, yet there was an earnings multiple collapse what is something worth? you know what it's worth it's where it closes on the floor on any given day it moves around so much that everything else is conversation. is this another chance to fade or has something changed the key issue is it's all about sentiment. >> i think we've seen a lot of very conservative guidance out of a lot of companies. i've heard government shutdown being mentioned quite a bit. maybe not much anymore i mean, that was like a significant portion of the earnings calls early on.

i've also heard trade and now i think that if we can get some sort of trade resolution, i don't know that we're going to have a comprehensive trade package, but if we can get some sort of resolution, powell stays put, i do think we're going to seibert top line growth, better earnings growth than is being priced in. >> i think what bob said you're paying a high premium on eps that has been declining. this has all been 100% expansion. if you believe the china trade deal, if that winds up cwith companies exploding with cap x -- if that doesn't happen we're paying a premium for things that just aren't there. >> carter called the rally back in december. >> every single time we have come down and gotten this low, what's happened is that small caps have outperformed and we are at that critical juncture

yet again. what has happened here is this is this. is this. i'm going to make the bet that is going to happen again we are going to actually have a double bottom on this and we're going to have a major multi-point bottom on the percentage above or below. >> well, the iwm is up around 17 -- excuse me, 14%, but carter says the rally has gotten ahead of itself. why don't you head on over and break it down. >> remember, this is just getting into what is known as the january effect that typically small cap stocks subscribe to that kind of thing will outperform having been pressured at the end of the year it was a good year for january let's try to parse it out from here sby, iwm i think the key is that you overshoot. that's the nature to the upside to the russ skpyou will and you

undershoot smaller cap, lower quality they look the same, but what we really know is from the absolutely, from christmas eve you've got the market, s&p up 16.1 and you've got the russell up almost 1. it's kind of what you might expect but what's starting to happen here of late is an issue that i think can't be ignored here's the chart of the russell. obviously it's a big move. essentially it's a little better than 50% back from the preceding selloff. as the rally continued over the past two to three weeks, watch what's happening on a relative basis. this is the interesting thing. over the last leg of the rally, relative performance to the spy has started to stall not only has it started to stall, look where it stalled it stalled up against relative down trend line to the penny

i think this is an issue i think the small cap move, as good as it has been, is likely at an end. >> you're on the same page >> when i think of small caps i think of a group prominent there, energy. i look at the damage that was done it literally got cut in half nearly in the last six months and the bounce off the bottom is just bad it's just not good it's up maybe 25% after being down 50% i kind of like to put those two things together here and i just don't see it for that group, especially the russell looks like it really hit some technical. >> and it's also heavy in financials financial has ricochetted so much now it's starting to stall and that is a problem. >> crude starting to stall too you see crude flattening out as well when you brought up before, if your time horizon is longer than six months, look at xle. it's up 11% or 12% over five years it's done nothing. it's down still 2%

depending on how you look at it on a relative basis, it's down still 2% these are names where yes, you make that big bang for your buck, but as carter said, if it's rolling over, the energy names get hit hard. >> small caps were deep low oversold they're borderline overbought. we saw a lot of small cap outperformance against the s&p 500 for about the first week of january. i think it's already stalled out. when we look at the potential for higher wages over the course of the next year or so, we look at these companies had very high debt levels. we would expect there's going to be underperformance in small caps the remainder of the year. >> let's check on our earnings mover. alphabet is down right now about 3% the conference call is wrapping up we'll bring you the latest headlines. plus apple matchmaker jp morgan thniwith a list of compaes at could get swooned by the tech giant much more "fast" still ahead

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long term expansion. also did give some color about different business units and segments talk about youtube said the number of youtube channels was more than 1 million subscribers nearly doubled in the last year. said the number of creators earning five or six figures grew year over year no big dramatic breakout of youtube. same kind of goes for the cloud

business pichai saying it's fast growing, it was a multi-billion dollar business but no revenue run rate broken out there, even though analysts did press him on more stats and facts there. calling it one of the company's fastest growing businesses we know that business also has a new chief. thomas curian coming over from oracle he's taken over that business. >> thanks, josh. more on alphabet earnings. let's bring in gene munster on the fast line. what do you make of the results? it seems for a lot of big tech companies, it's all about spending if they're spending more than investor expects, it seems to put a damper on the move. >> melissa, this call had a

subtle tone of confusion that i can't recall from other calls, but it was to your exact point it was related to expenses essentially there's a mixed message coming from the company. on one side we have them saying they're going to spend more on hardware, traffic acquisition, as mobile which carries a higher cost of acquisition becomes the growth driver. so that's a negative that's investing more. on the other side, to josh's point and some of the sound bite that he had, they expect cap x in hiring growth rate to materially slow this year which is positive for earnings so i think it's been -- there have been a few ads just trying to get some clarity in the company reiterating those two points i suspect the bottom line is this investors don't like hearing about investment because we're in a period where investors like profitability, but those investments are really important for the long term. i think that the net of this quarter was very positive. >> gene, it's dan.

last year when facebook told us they are going to be spending more for a whole host of reasons, earning got destroyed and so did the stock here i'm looking at google. now the earning estimates are coming down for 2019 in mid single digits and the stocks trading 24 times is this when we kind of lose that pe to growth for google in the near term? or alphabet? >> i don't think so. i think this is generally going to stay in favor in part because of the stability around this business i just want to emphasize that. that's different than some of the uncertainty around where facebook's revenue growth ultimately is going to be. so google grew 22% that's the same growth rate they've had over the past three years. really incredible to see that kind of stability. there's going to be some wavering in that growth rate based on timing of new products that we talked about but i think the key is this.

google is the oxygen of the internet we cannot live without it. and i think if you look at things like facebook, we potentially could live there's other services that we could supplement for those so i think that, you know, in this case, this is kind of a different type of conclusion here i think the conclusion is pretty straightforward. google is going to be a long-term winner they have an ai first approach which will make their products better and be positive for revenue growth for the long term. >> i get what you're saying, gene, but on awe multiple basis, it doesn't trade like it's the must have thing going forward. you're saying we can do without facebook and netflix they have a much higher multiple how do we think about alphabet and when does that premium get into the stock if you really say that it's the life blood of the internet >> so there's a little bit of effect where they're just not getting the proper credit.

i think apple is probably the best example of not getting credit i think google is probably the second best example. it's always hard to predict when investors willfully realize and appreciate that. i think that if you look at the road map of how investors generally think, there's skittishness, but they also want revenue growth simple t simply to answer your question is what could get the rate higher unfortunately from some other events, kind of their health care initiatives to put it way more in perspective, is i'm not endorsing these numbers, but some analysts think they could be worth 100 to $150 billion if you take the high end, that could add 20% to the overall business here. so these are massive opportunities that the company has longer term and i think as investors have a hint that there's something exciting

around the story in terms of growth, that should be positive. >> what's your grade on the quarter, gene? >> we're giving it a b plus. i think that revenue growth continues to be favorable. expense is some confusion, but this is the oxygen of the internet and it's one investors should own >> thanks for phoning in i feel like we go through this with a lot of these names they say they're going to spend more and then the stock goes lower. we saw that with amazon. facebook had the opposite reaction because they had a handle on expenses. >> so if multiple growth strategy and the margins are going to be small and mobile, then that's the first problem. cap x, when gene said they're the oxygen, there's a couple of players that are stealing the oxygen from there. facebook and amazon. so there's a lot of people where they used to be the only guy at the table or the gorilla in the

room now there's a couple of other gorillas in the room that are stealing oxygen from them. i would wait until a little of the smoke clears waymo is not enough of a driver now. >> there are things that are timely at any given moment in the market and things that are maybe dull frankly the stock is dull. it's had a recovery. it's not indicated well tomorrow, no is it indicated sometimes stocks are fairly priced i think that's the case with goop. >> it has been dull for a while. >> i still think it is a great long term stock. i think it is the biggest gorilla in the room when it comes to digital advertising as a business owner, i've tried facebook and none of the other platforms. none are as effective as google. you can scan people in their facebook news feed or actually get qualified people to come to you through google so i think when it all boils down to how effective the

company is, i think they're head and shoulders better than their peers. >> i think the bigger thing relative to its peers is it's very diversified they have about seven platforms with over a billion users. obviously a lot is based on selling ads, but there's a lot of other drivers there we're not going to know what it means for a very long time, but it's one of those reasons people didn't like the other bets it was kind of in the box for that sort of thing now they have another bet that is the size of many fortune 500 companies at least in market value within it. to me, i think that if you have a longer term time horizon, it's likely you'll see the stock back at 1,000. >> here's a question if you had $245 billion, what would you do with it that's probably a question tim cook asks himself, except that he's actually got the money. one top wall street analyst is helping with some possible answers. that is next also ahead, a handful of media

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prevagen. healthier brain. better life. welcome back to "fast money" it is a $245 billion question. who should apple buy

jp morgan out with a note creating a short list of potential candidates including gaming company activision blizzard, streaming giant netflix and speaker company sonos. we love our games, so we thought we'd make a couple matches of our own and play a little matchmaker we ask who should apple buy. >> this is an easy one people like to think of this 100 plus billion dollar acquisition. to me surius xm is one they should look at they just closed their deal to buy pandora. surius has 34 million streaming subs they're in cars. we know that's a place that apple would like pandora has 70 million monthly active users apple told us they have $50 million paid subscribers on a 90$900 $900 million ios i think they should get into streaming. i use the xmrs app

i think it's amazing and i think it should be part of the apple ecosystem. $6.5 billion in sales annually apple services is going to be a $40 billion, so that would be a substantial part of that and they're also competing with amazon who we know is going hard they have about $100 million prime subscribers. apple prime. >> it's a nifty pick and it wouldn't be spending any money $26 billion. you'd just be getting started. >> but when you think of apple buying something, they want to buy something sexy i don't know if it hits the sexy. >> it was because they wanted that little play for them and i think when you look at siri, it sort of feels like that's run out of gas i love the product i think the app is great i think the home is great. but when you look at apple, i think they have to really make a splash for them to do something. i like both stocks, but i don't

think they'd do them. >> who would you say >> you have to look at what dan was talking about, increasing services you want that $37 billion. i love this song that $37 billion revenue from services you want to increase that. you've got to go services. for me i'm still long square square is not just a payment processor. it's a whole host of services. they don't touch the small consumer, apple, as much as they should in this venue so they have the big splash everywhere else. i think they should incorporate this in their ecosystem. >> are there businesses that -- >> we know he loves square >> but should apple love square? >> i just see that's just a big mess it's not something -- >> i mean, food delivery, is this something apple would want? >> square cash, apple pay, the whole thing fits the whole product, the guy who designed the square point of sale was a former apple

employee this is something where i'm not sure either, by the way, but i think it would make sense. if i was sure, i wouldn't be here tonight >> carter. >> i'm talking about sex appeal. we've been spending the most money. tesla, of course if the idea is to make further penetrate into the user base, you spoke about cars this meets all those objectives. all the other things we're talking about are 20 or $30 billion. this is in the 50s i would say tesla. >> you like tesla? >>, no i don't like tesla at all. maybe a little more stability that way not a big fan of tesla at all. apple seems like they're getting away from the autonomous driving, so i don't really know where tesla fits in. it's very, very expensive. >> they have the technology and all the miles driven. >> i know it's been kicked around for a long time

i don't think it's a dumb idea whatsoever when you think about it, it's considered this -- >> it's not a dumb idea. >> thank you >> it's the supply chain and billing out this huge manufacturing sort of thing. i could tesla could probably use the help they're building model threes and tens their opportunity is to go mass market in china. you know who knows how to go mass market in china tim cook does. to me, listen, i think ultimately tesla is going to have to license their software and license what's good about whatever they're doing it's not going to be an auto company, but i could see apple doing that. >> i like activision blizzard. gaming is growing at a rapid rate esports viewership is up every year viewership in all major league sports is down except for major

league baseball which is up 1% year over year super bowl champion robert kraft owns an espaort team shaq owns an esport team it is a legitimate league. when you look at what gets people to process upgrade products, video games. when it comes from going to a playstation 3 to playstation 4, it's video games i like activision. >> it's also content potentially for a streaming service for apple. >> i've been a little chatty i'll be quick. >> you hate it that's all you have to say >> they're not known for gaming. >> that's true >> the other point, look how far behind they are almost all of their competitors in this. to me i don't like it. >> well, i think it would be if you really jotted out and white board it you have apple tv. my kids play apple tv but nowhere near what they play

fortnite or call of duty >> square is 30% off cha ching. >> coming up, lights, cam remark media earnings twitter snap, disney, and electronic arts all on deck this week we'll tell you how to trade them next jim has got the ceo of clorox. after that company reported solid numbers this morning and as stocks soared top of the hour, 6:00 p.m. eastern on ""mad money"" much more "fast money" just two minutes away randma. randma. cognizant ai solutions are helping healthcare companies advance diagnostics and prevent blindness in patients with diabetes.

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set to report earnings after the bell tomorrow. what should investors expect dan is over at the plaza. >> surprisingly the options market is -- about a 2.5% move in either direction following disney results but it's only moved about 1.7% over the last four quarters. call volume was two times that put a little disclaimer, it looked like there were a lot of people closing out of the call of the market here in march. not exactly a bullish or bearish endorsement from what i could tell the chart put up is really interesting here the one year, it's been about a 20 point range it's kind of like at the midpoint here about 111 here

it's really been consolidating what i found really interesting about it was look at the five year i'm going to do my best carter work look at this thing right here. obviously since its 2015 highs, it's been in this kind of wedge i guess you would call it, a series of higher lows or lower highs. it broke out of that last year you take out the december massacre and maybe you have a little support or long-term support at 110 you could have this thing on its way back up near 122 that was at all-time high in 2016. >> the line from the peak at 122 was "star wars." the stock is ultimately headed back there. >> thanks for the action for more options, check with the fu sllhow fridays, 5:30 p.m. eastern time final trades up next the hesita eh, it just feels too complicated, you know? well sure, at first, but jj can help you with that.

jj, will you break it down for this gentleman? hey, ian. you know, at td ameritrade, we can walk you through your options trades step by step until you're comfortable. i could be up for that. that's taking options trading from wall st. to main st. hey guys, wanna play some pool? eh, i'm not really a pool guy. what's the hesitation? it's just complicated. step-by-step options trading support from td ameritrade people know aflac... aflac! ...but not what they do. so we're answering their questions. aflac is auto insurance, right? no. uh uh. is it homeowner's insurance? no... uhuhuhuh! is it duck insurance? nope. ahhh! do they pay me money directly when i get sick or injured? yeah. aflac! you got it. you know aflac! boom! get help with expenses health insurance doesn't cover. get to know us at... aflac dot com.

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all while helping you to and through retirement. um, you guys are just going for a week, right? yeah! that's right. can you help with these? oh... um, we're more of the plan, invest and protect kind of help... sorry, little paws, so. but have fun! send a postcard! voya. helping you to and through retirement. final trade, carter. >> small caps have come a long way. >> xlv, there was a defensive nature to this last year, so if the mega cap or maga starts to peter out, you might see that defensive nature come back. >> mark? >> sell tesla. model s and x test drives are down 60% year over year. sell tesla. >> generally jiit's not a great idea to buy stocks for takeout

that's why i wouldn't buy surius i think it's well set up with a combination of pandora. >> that does it for us don't go anywhere. "mad money" with jim cramer starts right now