"la la land. 900 voteners the academy. >> i think the problem is we are watching tv appear not movies so none of us see the full slate. >> all but one. >> that does it for "closing bell," bell. >> all right see you monday. >> see you monday. brian is back is the good news of the weekend look forward to it "fast money" begins right now. live from the nasdaq market site over looking new york city's times square. i'm tyler math in. traders on the desk tonight. and tonight on fast the markets ending the we can on a down note the fierce of a global slowdown and coronavirus seeping back into investor minds. plus it's friday and you know what that means for the chart of the week, if you are spooked by the swing, guy has an idea you want to check out. there is the chart we figure if pout later counting down to the oscars just over two days until the industry big awards are handed out. but why are the results so very

important to netflix we're diving into the streaming race which has more entrants today than yesterday but we start with old fashioned car talk a big week for the auto stocks and those affiliated ewe uber with the best day ever. better than expected results the company laying out a road map to profitability flipside, ford stalling out this week after missing estimates the stock taking a hit today after the auto maker announced a leadership shake-up. and then there is tesla. that stock went on a total joy ride this week. >> oh, my good miss. >> up and down the electric car make he shall the biggest one day gain in six years monday before cratering to earth. buckle up to hit the road and found out if the stocks should be in your portfolio, guy what do you think. >> i'm not going down the tesla route i've been grim death with that and ford the stock abysmal but what's interesting out of

the three is general motors dan nathan appearing on the show does a great time did a power pitch for gm the other night it made sense. you can trade it on the long side against the low in may around 31.5023. we can talk valuation. but that doesn't matter. but if they can get the ev thing right which they might be on the verge of, the risk reward at these levels makes sense. >> is it long term hold and buy. >> get it right here if it holds the 32 level it could be a general electric for steve and tim, that type of thing, yes. >> look at the chart though they just had up in gm, i still see a lower trend line. >> it's treshl. >> it's a terrible trend line. they're all chasing the ev front, all chasing tesla revamping, restructuring it's not over yet. you have time to buy this. >> traditional auto make eshs if you want to call them that it's bifurcation. nissan seven year lows toyota

has all-time highs you have to get the right one. but there are themes in the auto patch that are obviously important going forward. >> tim, on gm. >> i like gm. >> to be clear did we refer to gm as ge. >> no i said gm could be the same situation that ge finds itself in now. >> you did say that. >> i know. >> that's absurd, not close to ge proportions the realize the stock has been side was this stock has record earnings trading as cheap as it has and that should tell you something but i think they are doing it right at gm pmt they will have the autonomous business and robo taxi business. if we want to annoint tesla the head of the pack the market has done that. that's fine. you have a dynamic where ge first of all one of the reasons the put itself at odds with the white house is that it runs more efficiently. it's focusing on the most profitable vehicles we know are suvs and pickup trucks and well positioned on technology

this is a long-term holding of mine the valuation is good. a solid dividend yield the balance sheet as strong as it's been. i know you weren't doing this. but this isn't a broken story like ge, not even close. >> right. >> it's not even close, because ge is up 15% and gm down 8% i think what guy was talking about was a turn around sort of in terms of the stock. >> sort of the hailo you could have over it >> i don't see it happening yet. they have decided to move away from sedans. no one wants a sedan everyone buys the suv i think there are innings left in the turn around story. >> and so far tesla has been in a one horse race in electric vehicles >> well in terms of the stocks, yes. but the competition has been out there for a while now. but quickly. >> but they haven't nibbled at them much. >> it will come quick. in terms of gm you can make the argument it's been the best decade for car sales in the history of the united states. >> for sure. >> the stock market only going up

close today within 1.5% of all-time high. yet gm the stock is exact price it was five years ago. although maybe the company in terms of record profits and those types of things -- you can make that argument, the stock is awful. that's my comparison. >> lets remember when it started the only competition that tesla had was the toyota prius, a terrible looking vehicle now they have all come really far. but i think the -- we still gauge auto companies, true auto companies to a higher mark on fundamentals than teslas teslas a luxury. >> lets get to ford before i banish to you the telestraiter >> it's worse than gm. it's not the lecture or rrnt that wouldn't account for toyota being all-time highs while mazda and nissan all the lows. it goes to debt and valuation and things people like to talk about. but ford's worse than gm. >> yeah, yeah. they've brought in a new c.o.o.

rb e, right what's the book on him. >> if you look at ford,s in a company that hasn't done the difficult things with the balance sheet. ford credit has been a liability and will continue to be. that's the issue i think this is a more complex balance sheet. and a credit story it's a stock where you have certainly seen significant underperform the last couple years. and back to -- is there competition for tesla? aets not confuse by tesla rallies versus the competitive landscape for ev vehicles. analysts, whoever is doing this, people covering shorts whatever it is are digging tesla because they make it into a data play. obviously the miles driven dynamic that puts them ahead is nothing to do with people selling autonomous vehicles and being car companies. if you look at bmw, volvo has a competitive alternative. the competitive landscape is there. that's not why people value

tesla where they are as far as i can tell. >> quickly ty before you banish one carter worth. >> banish. >> you mention the new c.o.o., the only jim has a chance is farley is a graduate of the georgetown. >> you know the steps that come down. >> don't say the word. >> stop, stop. >> did you ever run to dixie liquors. >> kegs at natty bo. >> you jinxed us. >> run across the key bridge with the kegs. >> i'm just reminiscing i'm reminiscing. carter you think the auto trade. i can guess you think the audio trade is done based on what you said walk us over there. >> the interesting thing you have look they're doing well and others doing poorly. there is a great etf that captured this if one wants to trade it in fact it's a cute symbol carz, the global auto index, 32

stocks, a trillion dollars, names that you know. i mean, and here they are. lets roll threw this quickly in alphabetical bel, mercedes-benz, gourd, gm honda, big names you picture them you know the processed hyundai kia mazda pujt porsche, subaru. tesla. that's a handful of the big ones here is the chart. it has all the elements of a bearish to bullish reversal, a longdown trend turning out bottoming. but is it? it's weighted towards toyota and tesla. the two are 25%. if you equal weight all of those from subaru to mazda to nissan, and so forth, look at what the chart turns into next. there is no bottom so it's being overly influenced by a if you names pulling up -- longer term here is the carz etf as constructed by the owner of

the etf. the betting in the world is this is just like 2016. we in industrial earnings recession and then china skaer and the world improved this is like 2016. and we're coming out so if that's the analog it should hold with you equal weight does it in here comes the equal weight index it doesn't in 2016 we did turn. this time, no be, sir, new lou lows something wrong. >> lets trade it. >> it's interesting -- carter i don't know if you looked at the chart of bmw or we can bring it up but bmw which is i think the third or fourth highest rating in the carz etf that chart looks similar and it's emblematic of the european indices which the industrial part of the dax is daimler bmw. and mercedes much as we saw european rallying before the coronavirus i think that's part of the trade i think bmw and daimler are

traded more as proxy plays for the german economy therefore those charts are interesting. >> interesting, i'm dropping names again. but i have to quickly. >> go. >> i was at columbia university up on 114th street that way. >> no georgetown. >> no. it's not with that nice school nonetheless. with that said there are four power pitches one for a company called car vana by an interesting gentleman. i don't want to get into the details. but look at the stock into earnings, huge run to the upside with a monster short interest is the report towards the end of the pont not the brutal details of this but do homework on the earnings into february. >> a couple of take aways quick. what is interesting is your index back story there, you have to look at those etfs you buy. when you have it so overweighted tesla you don't know what you buy and you see the pullback in tesla and you have no clue why you caved in the investment you thought looked so great. >> you're capturing a theme but

you have two stocks. >> and toyota motors even when the chart is better than the entire industry chart other than tesla of course. when you look at it it's only up a little over a percentage point. they fought a lot of grinding. it's leveled and building a base catch watch that because it's binary as well. >> coming up we dive deeper into the auto sector and tesla later this hour. hour options traders could manage the wild week for the stock. but first our chart of the week. market seems to shrug off the coronavirus fierce and guy will tell us why this name grabbed his attention. and be sure to watch or listen live all the time on the go anywhere, the cnbc app we are live from times square in new york city and much more "fast money" coming right up after this coach saban convinced us. we are committing to aflac. why aflac? because health insurance doesn't always pay it all. aflac! after surgery we had extra bills followed up visits, deductibles. we thought health insurance had us covered up for everything, but it didn't.

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sifrmts welcome back to "fast money. markets breaking the win streed friday and pulling back from record highs as you see there. a bit of a sell off late in the day. but a strong week for stocks the s&p 500 posting the biggest weekly gain since june was the pullback profit taking or the sound of something bigger, steve. >> i feel like the market is looking for a reason to pull back

i feel like it was trade, then it was impeachment and now we are looking at coronavirus. i think this could be a selling opportunity. even though i'm constructive off a balance i think the market wants to see much lower in the s&p before it goes higher. >> waiting for something to tip it. >> it looks for a reason down to the 200-day moving average around 3 k in the snpd 37 but lets put the -- lets not put the cart before the horse. 3230 is the 50-day a lot of wood to chop before the 200. >> 3030 is my level in the s&p that's where we should trade to. given you will a the back drop opinion the coronavirus does not seem to be getting better. the market is underestimating. you have a weekend to look at this last monday we have the huge move upwards i'm not sure we repeat next week. >> midday i hear they were tightening down in guangzhou,

the sen zen area and one of the biggest machining areas in all of china. >> i think, though, i was rather talk about the context of markets have done and need to do the s&p moving 16% since october 3rd is something that needed to take a breath anyway we were down 2.2% last week for the s&p. coming in. by friday we had a nasty day last friday and people had a chance to evaluate it's amazing as the coronavirus news i don't think got better this week. the number started to build. the market took some confidence. i think positioning was off zbliedsat the end of the day i you are bearish you believe the wants needs should go lower and if you are bullish you should want that too. the more you stretch it dips allow markets to go high it's do you for a dip and if you are bearish you think it turns into something else. >> think about other times we questioned global growth and we

know the u.s. economy and global economy is linked to that. but we trade as an island at times. if you look at the payroll noms. >> job numbers goo. >> at 2.25 on average. process if you look at the payroll numbers and talk about the consumer all the time on the show, we are going to outperform in this country even in the face of this. and i think at some point you have to think about that as a trade. because it's a flight to quality trade on equity. >> and speaking of that, the dollar has been firm that's not particularly positive element. >> no. >> as that continues >> all righty. fears of the coronavirus loom over the markets for more upon the virus and your money please tune in the cnbc special report, outbreak: coronavirus tonight at 7:00 p.m. after "mad money." and if you think the markets have been glossing over the risk look at this, the chart of the week what is it what is it it's not the blt. >> no. >> it's the tlt. >> i've ordered a blt.

>> yeah. >> i'd say the blt without the t because tomatoes on any sandwich are brutal. >> you just get a bl. >> yeah. >> exactly with that said, we talk about in on the desk. i know c.b. dubs is in agreement with this. 149 in the tlt was the high in august yields bottomed out around 141 or so. i think we are back to that level in the tlt which means rate falls. >> what sends them down? >> i think that -- what sends them down is exactly what's the forces working against them or for them the last five years the global environment, the fact that i don't think the global economies are nearly as strong as people want to say, and the fact that nesting yields seem to rule the day and the u.s. seems to be destined to get there and get damn close. >> even with the dollar

strengthening gold rolling it's all suggesting it's not the all clear sign that the equity market is telegraphing. >> there is no sign the fed changes gears on the liquid which hadty trade at this point. if you think about the reaction, reflation trade in the form of liquidity out in the markets historically that's that's done for qe at least two, three and four it's had the opposite effect wove seen it with the ecb if anything you see a rally in european passengers, the ecb no longer believes in their version of qe. until the fed changes gears we have more of the risk of deflation than risk of inflation. >> final thought, you have one. >> i think the utilities shocked a lot of people everyone thought they were overvalued but the truth is when you look at the chart it's impressive how it keeps ratcheting up and forming bases. to that point if you invest in gold i always like buying the gdx, the gold miner etf. you have more leverage out of that it's a three to one ratio. >> no tomato, lettuce and tomato

oho. >> i don't know the human being likes the tomatoes >> does it come right when you order that. >> when i go to the burger king where kids are king. >> hold the mayo. >> i don't. >> it always comes out right. >> hold the lettuce. all right come up netflix goes to hollywood, fogg top bilk. taking really top bilk with most oscar nominations this year. can the streaming giant be the big winner julia boorstin live from the doll by theater. what's the buzz, julia. >> well, tyler the big question in the oscars is whether netflix makes history and be the first streamer to bring home the top award of best picture. this year two films nominated we break down why so much is at stake coming up after the break. could switching to geico really save

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all right. welcome back to "fast money," everybody. camera, lights netflix. the stock is on auto play since late september with shares gaining almost 50% and the streaming service racked up the most oscar nominations this year ahead of sunday's big award show but this weekend could be more important for netflix nan traditional studios. julia boorstin joins us live from the red carpet with the details. hi, julia. >> well, tyler, the oscars is a high stakes test whether netflix earns the ultimate honors from the hollywood establishment. netflix is more riding on sunday's oscars than any other studio both in terms of reputation and dollars spent investing an estimated $70 million on awards marketing it has so much riding on it because netflix has the most nominations including two for best picture

followed by disney with 22 nominations then sony with 20 and warner brothers and useful with 12 and 11 respectively. now, netflix's film with the most nominations is marten scorsese irishman. netflix reportedly spending $160 million to produce the film. an estimated 25 to $30 million on award season marketing for in movie. why is netflix spending so much on marketing for awards in netflix says it's not just targeting academy voters but promoting the premium content to the subscribers and potential subscribers. now netflix ceo reed hastings said and analysts agree that the award are important because they boost the ability to draw top talent and the competition for talent spheres it's also for stars and content producers back to you. >> julia thank you very much will netflix continue to lead the way among the stream esper

it's a businesses that getting more crowded it seems, steve every day. >> i didn't think this was going to have a stellar out of the gates beginning to 2020. and it's done the opposite of what i thought it would do >> netflix. >> netflix i thought people would start worrying about valuation stretch. we had the on the back of not the same companies but on the back of wework, testing all valuations and overbloating and no earnings, if you look back in the rear view mirror netflix had an incredible run and i thought it was petering out of growth. but it seems the market is recard warding it for being the only pure play in streaming. my other play is disney. i think they are going to really start gaining market share and of course apple, big splash, more subs than hue will you and disney already out of the gate so netflix, apple, disney. >> kind of overlooked, apple on that point. >> not a lot of content. but they are roughly 33 million

or so in subs. >> who wants the last word on this before we move to the final trade? >> well, they beat -- international subs were part of it i think the expectations in the request quarter were not good. reed hastings has been encouraging about the competitive landscape but basically saying the move from linear tv helps us all i think it needs to be profitable and that's what it comes down to. good for them, i mean with those nominations. there is no question they are producing content but what's the cost and cash burn because the other guys are not burning cash like this. >> this show goes by fast. who wants to go first on final trades. >> eep though you're sick of me talking i'll say we talked about gm early in the showlet me get it out of the way. but the valuation and earnings dividend yield makes sense. >> carter. >> short auto through carz and long toitdia as good as any. >> yes. >> the miners etf if you think the mechanic has trouble getting

past the next couple months gdx. >> guy. >> apologize to tomato farmers out there. huge '08 come up >> we'll be here kicking it off. >> you bring the gas, man. >> we bring the heat. >> thanks for the coffee earlier. >> bring the gas is that a compliment oupexij. to go boen >>a nt. at leaf blowers. you should be mad your neighbor always wants to hang out. and you should be mad your smart fridge is unnecessarily complicated. make ice. making ice. but you're not mad because you have e*trade which isn't complicated. their tools make trading quicker and simpler so you can take on the markets with confidence. don't get mad get e*trade and start trading commission free today.

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teens gain the skills needed to find good jobs. obama: at a time when washington is divided in old ideological battles he shows us what can be achieved when we bring people together to seek pragmatic solutions. bloomberg: i'm mike bloomberg and i approve this message. welcome back everybody. a news alert now on the coronavirus. and meg tyrrell has the latest. >> tyler, getting reports of new cases out of hubai province, the epicenter of the outbreak in china. they are confirming 2041 new cases where to put it in the context we are getting number from china later tonight but this confirms the direction of new cases they had been declining for two day. for broader china this is a