i think everyone embraces the greater disclosure i don't know that it was an eye popping surprise in terms of how fast and growing that business is what you hear on the call about their expectations for margins and things going ahead might be the big deal. >> we're out of time that does it for closing bell. >> fast money begins right now >> yes, it does. this is fast money, i'm brian sullivan good evening your traders, strooef grasso, karen fineman, stocksstaging a rebound after friday's sell off. should you put your faith in stocks when so many out there are getting bearish. stocks may be up today, but oil is not china demand collapsing, crude off to the worst start in 20 years. is this the beginning of a deeper route for oil and the unstoppable tesla.

shares have almost doubled this year and today it had its best day in six years. but the chart master says, you better be careful. we'll find out why good even we have a big hour thanks for joining us. we'll start with the last of the faang name to deliver results, that is google its parent company alphabet d p dropping after reporting numbers. why the 5% hair cut for alphabet tonight? >> i spoke with the ceo on a brief media call, i asked about the revenue miss, revenue came in at 46.1 billion there was this shorter holiday period this year i asked any specific challenges or head winds that investors or analysts should keep in mind she said they're happy and pleased with the ongoing strength of the company.

called out she was pleased with cloud momentum hardware did sell well over the holidays, but compared to a stronger report from last year the company did provide new disclosure this time around on search, on youtube ad revenue, saying that was a $15 billion business in 2019 the cloud business, new metrics there, saying that ended 2019 on a $10 billion analyzed run rate. what to make of this i got off the phone with aaron ke kessler. he noted besides revenue, operating at $9.3 billion did miss his forecast. i asked him about the new disclosures. he actually thought youtube ad numbers were higher than reported and finally, cloud, again that $10 billion run rate, they broke out $2.6 billion for the most recent quarter that disclosure, those numbers not a big surprise in his

opinion. of course google's rivals, amazon, microsoft, reporting strong cloud numbers themselves. >> josh, be sure to flag us for anything you hear that's interesting, newsworthy or stock moving on the call guy, this is a company you can be disappointed with the revenue gross, i guess their quarterly revenue last quarter was greater than their annual revenue a decade ago. >> people are looking at the revenue number, i get it the stock had a huge run probably for good reason so just take that broader revenue number aside youtube ads were you up 30% i think year over year, and google cloud, probably 5% of the overall revenue is up probably 55% year over year you have a reasonable stock in terms of valuation and the pull back makes sense given the run

you have to figure out at this point where you want to reenter. i don't think it's going to stop here 1350 if you look at a chart makes sense to me. >> the moving average is 1378 or so i agree with your numbers there. what happens if the youtube income or cloud business doesn't impress the street everyone wanted more transparency, maybe be careful what you wish for is my thought process in this. maybe it's a sell signal to me what do you think as far as the numbers? >> the revenue was disappointing. i like the clarity because i think they weren't getting as high a valuation as they could for these businesses we saw a big increase of buyback, 18.4 billion for the year, i think it was a little -- about 6.1 billion for the quarter. they can do more than that. >> would you like to see more than that? >> i would like to see more. for a long time -- they pickled

-- picked it up a lot but apple did an extraordinary job not just using their balance sheet but selling debt at 37 basis points, right. using it to buy back stocks w k worked well for them google, alphabet has in you have to do that as well i think the stock went up on more transparency and the street would like the transparency. it's giving back all that plus some. >> it's a function where it came from today if you want to look at it on a micro level, the stock was up 3%. it's giving that back plus some. it was a 1800, the level it topped out earlier last year then you think about where did it come from the last six months the stock nearly touched 1,000 in early june and nearly touched 1,500 just last week it should go back to guy's number, 1,300 that's where

there's probably some valuation support. not a lot changed between june and the time of the reporting their q-4 and the full year of 2019 what happens is multiples expanded here's a company that's growing to your point, sully, you have $150 billion in sales growing 17% year over year, that's astounding but -- >> you're looking for the multiple expansion based on the numbers they disclosed today and maybe it's not enough to expand it but i think you brought up an interesting point. november is where they broke out, october they missed stock fell 6%. so to fall again 6%, is the recent day from the top. >> coming into after hours, the stock was still up 11% this year 3% to todd ddan's point today. this will still be a stock higher this year, with the coronavirus concerns that we have got, is this a relatively

macro worry free -- >> insulated. >> insulated, thank you, stock >> steve talks about this all the time, 55, 57% of the stocks are correlated to the market if you believe believe like i do, no, it's not isolated. if you believe this coronavirus magically goes away, then i think the 1,350 level is where we broke from in the middle of december that makes sense. >> connect the dots. coronavirus is impacting the equity markets theoretically because china is going to slow down, and consumer spending. google is a company i don't believe in any way that relies on china or mostly consumer spending >> i'm going to interrupt. advertising is the most cyclical

business we just haven't had a recession in ten years talk to anybody in the tv business, they know about it there's a massive secular shift going on towards offline stuff we haven't seen a material slow down people worry when this operating expense number and percentage gets too high, you go this way, that's when you have a problem with a stock that has a trillion dollar multiple. >> all of that is extremely educate but we look at the stock, two thirds was on search, then it went to the political anti-trust issues and now we're in the realm of it's about cloud and the quote/unquote other businesses so we have to decide tomorrow whether it's due a continued multiple expanded based on these results. >> call it $9 billion in cloud revenue, that looks like not much compared to aws are they losing to amazon? >> the problem is that they're going after cloud business, google is going after amazon's

cloud business but amazon is going after google's search business so it winds up a lose, lose after the numbers are released for google in my opinion. >> i hear what you're saying, dan, and i get it, but the youtube deal, which would be the smartest deal of all times, look at the numbers, whatever they played isn't it kind of counter tv cyclical, as tv slows youtube tv -- which sponsored a segment of the super bowl last night. >> are they making money on the recurring revenue, we don't know they have seven properties that have a billion plus monthly active users it's massive but to steve's point, it's a bipartisan issue that regulators will come back for these companies, they have too much power. >> do you want to see sundar give us more insight inside these divisions?

>> i do. the fact they broke them out is a big step for them. i think ruth was an important step and now to try taking the reins. >> let's turn to your other big story of the day, tesla. the electrified start to the year continues, stocks surging 20% for its best day in roughly seven years. the recent rally puts tesla's market cap at $117 billion, that means it's almost bigger than ibm. it's bigger than american express, starbucks, goldman sachs. tesla up 36% this year alone your take on tesla, this year. >> i don't have much to add other than it's a mania like i have not seen since the late 90s. the stock will not be at $750 in

a few months from now. it might be 2,000 or it might be 300. it's not going to continue this activity, it can't the fever is going to break at some point. >> who's the tesla buy erhere? >> i can't answer that i thought it was going to stop at $320, and here we are pushing up against 800 i'll say it again, i absolutely missed the move. i don't know the answer to that question now it seems outrageous. however you could have said the same thing two weeks ago, $200 ago. >> this was two months ago, six months ago, this was a business going out of business, everyone was worried about that and this last leg, particularly today, was about batteries you see a battery, it's a car company, a tech kpcompany. to me it's not about covering it's about two days to cover. >> look at esg, a lot of money

pushed into this, out of chemicals, thrown into these type of investers. >> this would be considered one of the the only pure play on electrify indication there's hybrids, windmill companies, this might be the only one but that doesn't mean it's worth the valuation. >> i checked on a borrow today, i was curious, how expensive is it to borrow, not expensive. in fact, you get a rebait. that was surprising to me -- >> in english, please? >> mean this is not a squeeze where people are forced to cover their shorts that's not what's happening here. >> what does that mean you get a rebate >> you lend your stock and you get paid a small amount to -- i'm sorry, you get paid a small amount to short the stock. you get a little bit of -- >> that's not -- that's rare >> no, no. that's --.

>> on a company like this. some micro cap -- >> on a company like this, i was surprised. i thought it would be expensive to borrow, as many short squeezes are >> real quickly, ark investment they've been on the show, they have this story playing out the way they think it should have. if you think it's a hardware company, apple is, but they had 60% growth margin on a business they were incubated, 150 million units a year, creating an ecosystem out of it. talk about elongated upgrade cycles i know people that bought their model s in 2013 or '14, they have them still none of these car companies have ever been able to keep a $100 billion market cap.

>> the chart master says it may be time to pump the brakes on the stock. carter worth over at the plasma to break it down lay it out. >> it's a fun one, and a dangerous one. but that's what fast money is all about. let's look at the line and put it in perspective. here's a chart, no judgments or annotations by me. and move it forward and see what we have. we have this breakout, that's well defined then we have the resolution of the breakout, which is the assent since that point and then we have what i think you have to say is the blow off. we are going up and to the left, you're not allowed to do that, you have to go to the right every day. it has all the elements of what you would call pair boll you can. the issue is, it's sort of knowing who you are in the market we know that a breakout is a fairly well defined thing. long term, short term, but tactically it's no different and

history has shown this, you see it in so many instances, even if it triples, a lot of people believe that, go to that 7,000 price target but presumptively it passes through a lower price. it's just too hot. >> is this -- come over, you can answer as you're walking back, a stock that's going to go up until it stops do you know what i mean? people are going to buy the momentum until it doesn't work anymore? >> there's no way to approach it fundamentally you can make up a long term story when you have no profits. the point is, it's not a shortage anymore there's only 21 million short and traded 47 today. biggest line ever. the real thing is this, it's only done this big a move twice in its history, the i.p.o. and

another day. the value traded, today's value trade is $35 billion that is 5x microsoft and 2x apple. that has only happened one other time in the history for apple and two other times for microsoft. >> it is -- >> it's a frenzy >> that's an important point to reemphasize what you said. you're not making a judgment call all the people -- as guy would say, don't at me which is the dollar volume traded on tesla was 2x -- >> more than 2x apple and more than 5x microsoft. >> which have market caps at 8x tesla. >> exactly >> let's say you did have the cohones to short, where would you put a stop >> we've done this on the desk end lilessly we've been long, short like any position you try it, you're wrong, you have your stop loss and get out it has the elements of a blow

off top looks like it gets steeper and steeper, at some point, even if you believe it triples, the path higher passes through a lower price or as dan was saying it could be 300. >> the market cap to your point or the volume of shares outstanding, tesla traded one third of the amount of available stock that is outstanding. i'm looking at apple here trying to figure it out apple has how many shares outstanding? 4.3 billion, according to capital iq guy, it and traded 43 million. so apple would have had to trade a billion plus shares to do, effectively, what tesla did today. >> i think carter makes many great points, that's the most important point. traded 46 million shares today, typically trades 12. if there was ever a day to say this might have been it, it's today based on everything you brought up and carter said earlier.

>> one last point, looking at the options market, you look one month out, what is the options market expecting, the 780 straddle, the call and put, divide it by 780, that's an 18% move in either direction that's $140 billion stock, expected to move that much in one month? >> it did it today >> that is just extraordinary. >> extraordinary >> good stuff, carter. good data on tesla we'll hear more about tesla tomorrow morning from ron baron, billionai billionaire investor he was an early tesla bull i know that ron is probably still bullish on tesla but he can speak for himself tomorrow morning 7:00 a.m racing for a cure, the bio tech stock that surged today

because they're testing for a coronavirus treatment. goldman giving up on exxon and nearly every stock is slammed. is this maybe the perfect storm to buy energy in be sure to watch or listen to us on the go, anywhere you are on the cnbc app we are live from times square in new york city. much more fast money right after this we built it to help them go beyond. because beyond risk... welcome to the neighborhood, guys. there is reward. ♪ ♪ beyond work and life... who else could he be? there is the moment. beyond technology... there is human ingenuity. ♪ ♪ every day, comcast business is helping businesses go beyond the expected, to do the extraordinary. take your business beyond.

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welcome back to "fast money" we are following new developments in the outbreak of the coronavirus virus. here's what we know at this hour more than 17,000 cases have been confirmed worldwide, 11 cases here in the united states, including a second case of person-to-person transmission. princeton university today asked 108 students to self-quarantine. china reporting 64 new deaths just moments ago meg is back with more on what is being done to stop or contain this outbreak. >> the first line of defense is attempting to identify and isolate those who may be sick. in the united states that's led to unprecedented actions by

quarantining those who have been to the hubai province. the cdc is not expecting to catch every travel lerwith the coronavirus but the goal is to catch the majority the second line of defense is a public health system on high alert. the drug industry is moving quickly on potential treatments and vaccines the nearest opportunities are existing drugs to treat other viruss there's news over the weekend about an experimental treatment by gilliad he appeared to improve but it's not enough information they warn to know if it works. they're working to run more clinical trials. >> gilead having its best day since 2017 you like it? >> i do. you see this where they're

working on a cure or a vaccine, but the truth is, if one of them hits it and they develop a vaccine, they're all going to be forced to share it on a federal level. so i don't think this is something you buy gilead or any other name based on the fact they're the ones that are going to be the sole recipients of any profit from this because all of them have to share it because they're not going to be able to produce enough. >> so steve says maybe buy the ibb. i'm going to channel my inner carter worth >> look at you >> yes, we're going to talk about oil. i get to go to the plasma. i want to talk about oil because obviously this has been a huge part of the market as well, folks. and the coronavirus and global demand slow downs, everything is factored in. let's go to the charts here. wti crude, 4991. below $50 a barrel this is the worst start for oil in more than 20 years. actually, nearly 30 years as well and this is really a one month

chart of oil there's been nowhere to go but down keep in mind, back in early december, we were in austria as opec was extending and making increases to its production cuts, 2.1 million barrels a day if you believed the numbers. and yet oil can't get out of its own way. let's talk about this, we talked about it about two weeks ago, the exchange, why? china is the second biggest consumer of crude oil behind the united states. if you think 20 to 30% of china's demand is going to come off line because you're not flying, driving, taking planes, trains or automobiles, then you could see two to three million barrels a day of demand come out of the global supply luckily demand is about 100 million barrels a day, so it's easy from a math perspective, a 2 to 3% drop every day in millions of barrels. opec, their technical committee, the jmmc, it's boring

th they're meeting tomorrow and wednesday to crunch the numbers. opec's next official meeting is set for march 5th but everybody we're talking to says look for that to be moved up, pushed by the saudis because they don't like this price as well. looking at some data, shorts are really pressing bets hedge fund shorting on oil futures is up 52% in a week. also, do we care about the stocks of course we do. you watch "fast money" this is wti crude versus xop, this has been nothing short of a disaster that's where the opec meeting was, a little bit of life put into oil and gas here as the production cuts went through the market but guess what, the coronavirus and everything else, global demand fears wiping out all of the gains and more. and guy, by the way, goldman

sachs which was neutral on the biggest of them all, exxon mobile for three years, cut them today and put them for a sell. everything is going against oil right now. any reason to own energy given that everybody hates it as much as you can hate any sector. >> there was a trading opportunity in the fall, slummer j being one of them, had a 30% move i think that's over good for goldman sachs with their $59 price target we 'been talking about exxon headed in this direction for a long time. go to chevron, a low we saw in december of 2018, that's a huge number these integrated names, everything you talked about working against them but the whole esg craze we talked about

three weeks or so ago. i don't see any compelling reason to lick your finger and put it in the air. >> we were oversupplied. now we move to the under demand side of it so opec, looks at whether they cut or the saudis cut. either one doesn't make a difference to me, cuts couldn't send it up, i think we're over supplied and now under demand. >> where do we get, we're in the u.s., what price of oil do we see production get cut meani meaningful meaningful meaningfully >> you nailed it oil is a four letter word, debt. there's a couple hundred in debt outstanding. you can hate cartel -- opec was a four letter word for years, they're a cartel, price fixers they wish they could get together and say stop the

madness. there are companies that have net debt three, four, five times to ebitda. some stocks down 30% this year they have to keep drilling short answer, karen, i don't think there is a price -- >> on the way -- brian and karen, on the way up they say 50 you see a massive amount of supply come on 42 is a major level in wti crude and every $10 or so, that's where you see the real issues come on when production comes back on. >> and by the way, it's not just oil. if you're out there and talking about natural gas at $1.80 below $2 it was a $60 stock a decade ago. this is what's happened -- >> we used to talk about refiners, their costs are going down they should be reaping the benefits now

it's not just e&p, it's refiners getting hurt >> gas stocks -- >> sell it, sell it. >> guy's a seller. >> i don't see any real reason -- again, you're playing stock market here and there's no real reason to do it we didn't talk about the fact that the globe is slowing down that's working against the companies as well. you can say what you want and when we talk about regional banks in the southwest, in texas and stuff start to go belly up based on everything you just said, that's really problematic. i don't think we realize how big a deal it could be to the broader market. >> good discussion on what has been devastating i know crammer hates it as well. as the dangerous coronavirus continues to spread, join us tonight for a cnbc special report, coronavirus, 7:00 p.m. eastern time all the facts you need to know 7:00 p.m. eastern time if you're curious and you should be particularly with the

economic environment and everything it could impact tune in tonight at 7:00 here's what else we have coming up on fast >> u.s. stocks staging a strong rebound monday but should you believe the rally? the traders break down where they see the markets going nike getting a boost today on two big calls we'll tell you what's getting so bullish in our call of the day we have that and a lot more when "fast money" returns

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manufacturing numbers helping drive today's gains but, of course, the coronavirus fears still exist. up next is one of wall street's biggest bulls. let's bring in julian emmanuel i think you had -- by the way, welcome. >> great to be here. >> the third highest target in the s&p 500 of the watch strategist, correct? >> yes >> are you still there or are you taking the number down. >> we're still there december 31st, that upside only represented about 6% so from that point of view, there is still a note of conservativism going on in the community. we look out and we look at election hedging there's still conservatism going on there the thing is that the market x, even if we didn't have the coronavirus as a catalyst. we got so overbought in january we look at the monthly relative strength index, you hit 70

13th time in 40 years. two things tend to happen. number one, looking out medium and long term, stocks continue advancing. double digits. there could be upside risk to our 3450 number, but the bigger picture is that things become more volatile. with what's going on politically and in terms of the public health -- >> we have the second biggest economy in the world effectively on lockdown. we have concerns about pandemics, people being quarantined at american universities now arguably not a lot of cases, thankfully, in the united states yet. but are you surprised we haven't seen more of a pull back, more volatility why go up today when we lost 600 on friday? >> the ism manufacturing number was positive.

>> the manufacturing number they pulled off because they changed the data in is going to overcome concerns about coronavirus. >> we think you're in this period where there's volatility to the upside and the down side and you're going to have a lot of headline risk look, if we get an outcome in iowa tonight that the market interpreting as something that's a threat, say the progressives do even better than expected or the moderates do not do as well, that could be something that causes a pull back. >> wrap this up on a macro level for me on sectors to give the viewers something to look at when you look at tech, that's been outperforming, you look at the growth names, the momentum names but what hasn't performed for me is my chemical. i have an idea with the esg investing, when you screen, a lot of the chemicals are thrown out. but they're not sexy comparing

it to tesla. when are they going to start to perform? >> no question esg has had a huge influence on some of the cyclicals, certainly energy you just spoke about it. thinking about the higher volatility environment like 2018 nothing moved in a straight line throughout 2018. we think we're returning to that think about the tobacco stocks in 2000 whenever executive raised their hands in front of congress and talking about tobacco. over the next 20 years, tobacco stocks outperformed, despite they're being downsized in those types of portfolios. from our point of view, what you can see and what you had from time to time is when technology momentum slows or reverses, money finds its way and rotates back to those areas. >> julian we appreciate your views as always. karen you remain optimistic? >> i do. i was hoping to see a down day

today. we had a bad sell off friday china opened down, 7.something i forget they're pumping money there, 173 billion. i was hoping we would see a down day, more of a flush out and then hopefully a turn around tuesday. this rally seemed like a bit of a head fake today. i wouldn't be a buyer on this, but i'm more optimistic in the long term. >> tune in tomorrow. >> i'll be here. our calls of the day on nike why analysts, multiple say the stock is a valuation play. we're getting ready for disney earnings after the bell tomorrow how options players say you should play disney right now fast money is back in two. ♪

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welcome back to fast money the consumer discretionary sector finishing just shy of a brand new high today a handful of consumer names kicked off the week with a breakout one of the biggest winners was nike company the subject of our calls of the day ubs upgrading nike to a buy from a neutral. while jp morgan added nike to its pull back list nike finished the day up more

than 3%. and j.p. morgan says we have a quote multiyear buying opportunity on our hands do you buy that call >> nike is expensive but it should be. i don't love when a multiple expansion is part of the bull case, right. but it is -- i mean, they've really done an extraordinary job. i think we might have a chance to get in at a better price. if this were your only chance to get in tomorrow for the next however long, then i would say buy it >> in this environment, people are going to say that might be expensive. i understand it's pulled back from 107 to current level so they're playing a game of stock market here. i'm with karen on this one, if you get a move lower in the broader market, nike is not going to be insulated from it. >> he's flagging the fact it did pull back 9% and traded up 5%. so is the benefit or the pros to buying it, are they cut in half

now? he's talking about multiyear ability to buy this thing. just judging for a trading ability, already gave up half of the gains he was looking for with the next downturn with the virus issue headlines you'll wind up seeing, once again, two thirds of the stock market sell off based on those inflammatory headlines. coming up we'll check back on shares of alphabet, which is hosting its conference call right now. josh lipton has been listening in, he'll bring you the latest the stock down 4.5%. tomorrow, disney earnings what can you expect when the company reports in less than 24 hours from now how much did baby yoda add to the bottom line? we're back after this. legendary terrain in telluride,

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welcome back shares of alphabet, google's parent company are down about 4.5% in the after hours. let's go back to josh lipton, who was on the company's conference call and brings us headlines from it. >> this is the first time you're hearing from alphabet's ceo,

remember that transition was announced in september with the founders stepping back from their roles. he began the call talking about how he seized that role, how he's going to approach managing alphabet take a listen to that. >> alphabet structure allows us to have a different portfolio with different businesses and time horizons without stretching a single management team across different areas. we'll continue to take a long-term view with the discipline needed to deliver long-term returns. >> on the call talking about results for the quarter, revenue up 41%, it did fall short of expectations talking about strength and search, youtube and google cloud, though it was offset by declines in hardware revenues. also talked about the outlook. the name of the game is leaning into investment for long term

growth google cloud they're happy with revenues and contract sizes, tractions with large customer. they're going to invest aggressively there she talked about the fit bit acquisition, but they're investing in hardware engineering and distribution change they expect the growth rate to be higher in 202037 they repurchased $6.21 billion in shares >> dan, do you have a final comment on alphabet? >> most of these things went parabolic not to the extent of tesla, it's not a mania, but the stock got ahead of itself and a pull back to the breakout level, a level it was below for 18 or so months in 2018 or '19 there's entry points for the stocks you love that have hiccups and i think 1300 is it.

>> coming up we are getting ready for disney earnings. they're out after the bell tomorrow night it's the first since the launch of disney plus and mand lorian james, mr. crammer is sitting down with the ceo of one stock breaking out as the coronavirus spreads. how does zoom video. we'll tie the two together jim's interview coming up at the top of the hour on "mad money" and following that, a cnbc report on the coronavirus. we'll break down the facts that you need to owkn about the outbreak and the possible economic problems because of it. we set out to make the best bike on the market,

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welcome back disney keeping the earnings parade moving along tomorrow the magic kingdom reporting tomorrow after the bell. it is disney's first report since launching disney plus in november will disney deliver magic? options traders are not convinced. mike is live with the action what are you seeing? what bets are placed on disney >> the bet we're going to look

at today is one by someone who holds a decent share of the stock. right now the option is implying a move of 6% higher or lower than the end of the week that's larger than the eight quarter average move of 8% somebody went and bought the weekly 135 strike puts and financed the purchase of those by putting the weekly 155 strike calls that expire next week. the stock was 141 when this took place. set that aside and consider what the options represent. what's going on here, the person is getting protection for a 5% move to the downside and willing to sacrifice any gains of 10% or more to the upside for basically the period that goes from this friday until next week this is an interesting trade that people who have had stocks that have gone up a lot, maybe tesla you may want to consider, put a trade like this on and give yourself protection

it's more interesting to me at disney because the stock is sort of sideways over the course of the last couple months it's hard to see why they would be expressing such a concern but they're implying a larger than average move. >> what do you think about the trade? i asked you what you see, you said it's a caller >> your long stock, you're saying this event tomorrow could yield maybe a move to the downside you're not that comfortable with, so you're willing to give upside for the down side protection looking at the chart in april when they announced the service. it basically held off of that in november when they launched the disney plus service, stock bounced up to 150 or so. i think traders would have loved to see it get lower today back to 130 this invester saying i want to hold my stock. >> it's similar to nike, premier company. it should trade at a big

valuation, disney does trade at a big valuation. we'll see tomorrow, but i think ultimately it's, as steve was saying, short term and market stock. >> i don't want to take anything away from our coverage, another great show tomorrow night, but this coronavirus is a first quarter thing for disney, not a fourth quarter thing. >> it is i hear you but a lot of times stocks trade on perception not reality. so depending on the commentary about parks and what they're doing around the coronavirus you can see it come out and translate to a lower stock price. watch the 135 level at disney, that's the recent low. and it has held that gap up since the release of the new streaming product. i would look for more multiple expansion going forward, but keep in mind 135 in case the stock trades lower. >> thank you guys very much. for more options actions tune in to the full show thifrayats id,

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your cost to maximize your return welcome back time for your final trades let's go around the horns. >> this is my final trade on friday, at the peak it was up roughly 10%, this is the chinese netflix. i think you'll see further strength in this one, 24 was major resistance keep an eye on this one. you get an opportunity to buy it and an opportunity to sell it, higher. >> karen >> i thought the margin was a head fake i did buy anthem today. they missed earnings last week and got crushed too excessively i thought. it's down on bernie's rise in the polls. i think the valuation is trag attractive the ceo bought $2 million of stock. >> gm reports this week, maybe

the tesla fever breaks, it's got a hold >> are you a baseball fan? >> i am. >> you might have seen the noah syndergaard won the "power lunch. so inhonor of >> my mission is e you money. i'm here to level the playing field for all investors. there is 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" and welcome to cramerica you want to be one of my friends. my job is not just to entertain to educate and put it in context and figure out what is the heck is going on so call me at 800-743-cnbc or tweet me @jim cramer are people too eager to buy.