ntmohs, lots of employees are happy to get back to work we're happy to have it open today. >> what did you tell the president about the mba, we heard he was interested to hear from you on that >> he's ready for some nba basketball just like the rest of us he just asked what's happening and have the owners and the commissioner made any decision yet and every day we're looking at the data and the nba office and adam is doing a great job of looking at all the data so we can make a decision in the next few weeks and get these players, they want to play. if they didn't want to play, i'd say let's move on. they voted we're all excited for basketball this summer at some point. >> thanks for joining us i'm sorry we're squeezed on time your meeting obviously ran over,

and we are out of time we hand it over to melissa lee >> coming up on fast, follow the yellow brick road, that is the message from the chart master, why carter worth is betting on bullion. payment problems, the analysts call square tumbling today, and later. >> one more big uptick, i don't know what's doing it. >> we have a major trade update from davy "day trader. we start off with a big market rally. the s&p posting its highest close over 2 months. the nasdaq now up 3% in 2020 a far cry from where we were just a few weeks ago do you believe in this rally,

guy? >> hi, mel >> hi, guy >> no. i don't believe in it at all i've been wrong now for the last couple weeks this move from 2800 has me scratching my head consistently, the paint trade is higher not only was the open of a vaccine -- the 60 minutes piece with joer oem powell which was somebody like me, stomach turning, when asked, where are they getting this money from, that's one way of putting it, that was a lot of this as well i see what happened today, i get it people want to be hopeful, now i really think we're ahead of ourselves. >> he says they're far from running out of ammunition, that

coming much later in the day the question is, though. how much of this rally is baking in the realization of that vaccine there's phase 1, 2, 3, there's a lot of time still ahead. >> if you're banking the rally, it's something you have to be careful about. the fact that he's saying, hey, let's not have washington worry about this, we've always been a net spender, that's actually -- that's bother some to assume this is the same context in which the u.s. has run a deficit, they're apples and oranges. think about what the market has done since 10:00 a.m. sunday morning. think about all the periods we've had. we've taken it right back up to that 29.50 level

if you think about where we are in terms of fundamentals, what people are trying to do, they did it today with value overgrowth at a time when friday raese news on google china retaliates overnight or the jaw boning on that has only escalated these underperformers and these value names if i may that have outperformed over the last couple days. extraordinary relative to this market move. i don't think it's about ma dern in a >> anything that could benefit from people getting that vaccine so they are able to go to a place like a disney benefited wells fargo, that was up almost 10% today. >> right right. >> the thesis there is that you're going to have an economy that gets back on its feet a lot

quicker than the market was pricing in last week i think i'm more on guy's side on that, i'm old enough to remember when china trade issues -- this market canturn on a dime. it does feel like this rally today. i understand where you have to buy in the stock market. if you're an investor or money manager, you can't 34is a vaccine type of rally. there seems to be a lot of hope built into this. all the work i did today tells me, it's a long way from here to the vaccine, which means the market may be ahead of itself. >> i am at heart an optimistic person i believe there is a vaccine out there, it will be found. people will be immune to the coronavirus, the stock market is a forward looking instrument

why is it wrong? why should it be doubted that this rally is believable the market is looking ahead to that day when things go back to normal what's so wrong with that? >> the fact that we just went from a period of the beginning of this year where unemployment was low single dearigits. and now the best case scenario is that it's 10% at its lowest, it's likely to stay that way one of the things powell said, this is going to be a long recovery, maybe as long as the end of next year we are all optimist, we would like to see a vaccine. the reality is all these guys mesh this together here.

to tie it together with what these guys were say iing -- it comes in a big big way here, we need to stop the blame china has -- they should accept a lot of blame for a lot of things in the world. getting to defcon five before we have a sense for this thing doesn't make a lot of sense to me right now the markets are ahead. >> despite some of the skepticism that our panel has tonight, surrounding the vaccine fueled rally, we wanted to ask them, what would you buy the one trade you would make if you were to believe the vaccine is on the way it's time to take the position and we'll kick it off with guy >> along with this trade

i would have to buy myself the drum mean or the bonine, i suffer terribly from motion sickness, i will tell you, because i know you're a fan. if you go on the new jersey turnpike and take exit 7a you will find yourself at six flags. it's a meaningful short interest if some magic vaccine comes out, everybody's going to be that new jersey turn bike is going to look like six flags. >> i haven't been to six flags since senior cut day it's been that long. >> there's no way you cut school ever in your life. i think of the auto as airlines light in terms of how their

market has looked. >> the burn we learned is going to be between 7 and 9 billion. gm also unlike ford is relatively close to precashflow, if you get sars back to 12 or 13 million, we're getting guidance that mid may the annual auto sales number is around 12 million, i think that gm was closer to neutral. we know that ford got a plant going today. the autos have been seened burned to you nowhere. i liked gm and it hasn't been a great trade. we've seen their credit improve dramatically it would be one of the things to move quickly

>> brian kelly. >> for me, it's biologically possible to be on the same side of the boat as 9 rest of the crowd. if we have a vaccine, we see everything that goes up today. you want to sell into that rally. i'd be selling into biotech, the reason why is, everyone has been focusing on this one problem it's going to take a while to get there, there's going to be a rally into it. i'm a seller of biotech. somewhat contrary, but that's what i do. >> to me, it would be the u.s. treasury, etf. the rates have been going down for the last year, the 10-year treasury has seen to have found

a home you may see rats going back higher here. obviously it's been a pretty decent trade to be long tlt. i would see that reversal if there's some confidence about a vaccine this year or early next. >> as stocks sore today, the next guest says we're in the recovery portion tony, always great to speak with you. >> in terms of the markets, do you think we're in a range right now, is that why it's going to be frustrating >> yes, so since this crisis began. as you know, we downgraded the market in january. after that, we went into a panic. when you're in a crash environment, you go through three phases, the viewers are probably sick of me talking about it

panic phase, we went through that the second one is the relief rally phase. i think it's something that one of the guys mentioned earlier. as of last thursday morning. the equal rated s&p 500 was within 1% of where it was three days after the rally began on march 26th it was exactly where it was on what we called the game changing decision on the fed on april 9th to buy high yield debt last thursday people are talking about wells fargo needing some kind of help and cutting their dividend and today the banks are up the better part of 10% we're in this kind of -- it feels like it's going to crash, it feels like it's going to spike, and in the meantime it really doesn't do a whole heck of a lot >> road to nowhere is what you're saying. we're right above that right now. what are you telling investors to do? where do you hang out? >> i could see a little bit of

follow through today was a good day we put out a thing as you know, this morning i've never been -- i never thought i would hear a federal reserve chairperson say we're just printing money, we'll worry about what that means down the road and there's no limit to the amount we're going to print. whether you get by whether that's right or wrong, good or bad. when they made that decision to buy the high yield debt market on april 9th, that took the worst case off the table that means the fed is going to make sure we don't -- or do their best anyway, to go into that 2008 style crisis what we're telling people to do at this point. if you're really overweight on the covid-19 trade meaning the work from home stocks and you underweigh the banks and tanks, then normalize

that we're neutral weight in the sectors until we get a better relative performance out of the banks and tanks and until we see better signs and credit like the u.s. treasury market today where you get a lift in yields >> tony, it's b.k., good to have you on >> b.k. >> prior to this and prior to your downgrading the market. you're one of the bullest analysts on the street what changes your mind to all clear, we're going to new hope highs. >> i think it's got to be signs. there's two things, three things, really if you look at what the fed has said and done, it's led to a dramatic improvement in corporate credit but it's still highly stressed if you look at where the corporate spreads are, there's stress relative to where they

were it's probably -- by what the fed is buying, they're the ones printing the money that's corporate bonds right now. you need to see that improve, you need to see the treasuries and other asset classes corroborate that it's not a work from home world. it's a going back to work in a normalized environment and that comes with a vaccine, that's the second thing. and you want to see the -- like i said, the sector rotation really favor the economically sensitive trade versus the covid-19 trade >> tony, it's ten, we saw a lot of reflation out there today, bloomberg article, there's other people saying, demand on oil is coming back to where it was preprices. what are you doing with that trade, with resources, which should have a little room to run. >> that goes into the asset class, the second thing i mentioned is how you get super bullish. you get what follow through you did today.

get the copper, prices, commodities, you want commodities higher, you want treasury yields higher, the yield curve steeper and corporate credit rallying. we got all that today, but if you look again, i mention, if you go back and just look at the end of last week, that was a relative performance low in the banks and industrials, so i want to see more than a spike, i want to see a trend this is good, you don't want to -- this is an epic battle where the fed is fighting the economy, the fed on one side, the economy -- they're both an incredibly powerful force. i don't want to guess on a spike in either direction. i didn't want to sell them last thursday, i don't want to chase them up 7% from last thursday to today. >> great to speak with you, thank you as always. >> guy, last word? >> all right. >> that's your last word

>> pardon me no, it's not my last word. i'll say a couple things you mentioned the road to nowhere which is a talking heads song, just throw that out there. i understand what tone nehp's saying, if you think things are going to normalize, there's nothing wrong with taking someone off the tabling. but he also mentioned panic on the way down, i got to tell you something, it's funny how people use the word panic when when the market's selling off when it's up 900 points, it's no big deal, nothing ever happened. coming up, airline stocks taking flight today, what one major carrier said about the future that gave the sector a rare lift. we'll tell you what had square investors missing out on this big rally, a million reasons why t r hina radeisavg greaday.

check out the airlines taking off today along with the broader market we got big headlines out of delta on its path forward. let's get to phil lebeau with more >> delta released its june schedule, they didn't give a lot of information in terms of adding a ton of new flights. they said they're adding some flights on some routes because there is slightly greater demand that was enough for people to say, the airlines are coming back well, keep in mind, when you look at the number of people who were flying yesterday. we're still way down from where we were a year ago, by the way, delta's schedule is going to be down 85% in the second quarter yesterday, 253,000807 people

were checked in at security by tsa. the most since march 24th. guess what, still down 90% compared to the same day last year, by the way, the worst in early april was down 95% so while it has come back a little, it's still a long ways from where it was a year ago still that has people saying let's move into the airlines, they should be moving higher, they were all up more than 7 or 8% united was up more than 20%. these stocks got a bit of a pop today, and what's interesting here is, people are saying, what delta is saying, they're going to retire some of their 717 aircraft, focused on the a-220 yes, the expectation is that you will see newer aircraft being purchased and flown in the future, does that mean we're going to see a surge of orders any time soon melissa?

>> no. when you talk with airline executives, they're deferring stretching out their orders as opposed to placing huge numbers of new orders. it will come around ventually, but not right now. what a world we live in. if air traffic is down 90% year on year, that's an improvement from the lows we saw in april. tim seymour, are these really green shoots for the airline industry >> they're relative green shoots look at southwest, which is as much of a consensus as you can have in airlines right now, it's all relative they deferred united airlines planes i say south because because of their cash position. in april, they wondered why they did something diluted when they could have done a secured

borrowing as others have they have 18 billion or so in cash they can be opportunistic, capacity down 40%. southwest is probably best positioned coming out of this. >> a vook seen would help them all, a world in which airlines have to operate under strict safety measures, perhaps there's an argument to be made that some of the more regional carriers, the ones that specialize in point to point destinations as opposed to those up in smoke, they may be better off guy adami, because the connection times may not be there, they may have to get bigger because of safety measures, et cetera >> either you're sprinting and sweating from one end of the airport to the other or you're sitting and sipping your venti

ledee. i think we were collectively all negative on the airlines that changed on thursday on thursday when that terrible news about delta came out, the stock traded to 17 1/2 we said today's the capitulation day, you can buy this for a trade, that's proven to be correct. maybe the airlines showed their hand on thursday of last week, and maybe these are stocks you can stay with on the long side for a trade, mel. >> we have breaking news on disney julia boostin has the latest >> he was appointed to become coo of bike dance and ceo of tiktok he's leaving now because he sees this as an opportunity he thought disney plus was in a

good place, he felt comfortable leaving now. i asked him if he was leaving because he did not get the ceo role he was one of the people who was a potential successor to bob iger, he said that had nothing to do that he enjoys his job, but he isn't getting any younger, and he wanted to try this new opportunity. i asked about the data and privacy challenges that are facing chinesed owned by dance and tiktok he has experience with privacy and security issues. he does know how to deal with those challenges as for the advertising opportunity at tiktok, he says it is massive. guys, back over to you >> julia, thank you. this could be a statement on where media is going these days or it could be a statement on disney and what's going on there. >> well, it's also a statement well about a chinese company

hiring a u.s. based ceo. that's pretty interesting. there's been a lot of talk about some of the potential regulation against tiktok and the data that that company is compiling largely on teenagers throughout america, but make no mistake, tiktok has been a phenomenon, if you're thinking about who they're competing with, they're not going to be competing with your eyeballs for disney, it's really snap chat this is one they are locked in a death match here, and you can throw instagram in there too, with the teams mind share, this is an interesting move at a time where there's a lot of consideration, i'm sure there's a lot of u.s. media and social media companies that would have loved to have bought tiktok but they can't and they're fighting behind a chinese behemoth right now the stock that got this whole rally going today. we're counting down to the earnings from the world's

biggest retailer, walmart could hit a new all time high. we'll bring you that trade when fast money returns i wanted to help protect myself. my doctor recommended eliquis. eliquis is proven to treat and help prevent another dvt or pe blood clot. almost 98% of patients on eliquis didn't experience another. and eliquis has significantly less major bleeding than the standard treatment. eliquis is fda-approved and has both. don't stop eliquis unless your doctor tells you to. eliquis can cause serious and in rare cases fatal bleeding. don't take eliquis if you have an artificial heart valve or abnormal bleeding. if you had a spinal injection while on eliquis call your doctor right away if you have tingling numbness or muscle weakness. while taking eliquis, you may bruise more easily. and it may take longer than usual for bleeding to stop. seek immediate medical care for sudden signs of bleeding like unusual bruising. eliquis may increase your bleeding risk if you take certain medicines. tell your doctor about all planed medical or dental procedures. what's around the corner could be your moment.

ask your doctor about eliquis. there are times when our need to connect really matters. to keep customers and employees in the know. to keep business moving. comcast business is prepared for times like these. powered by the nation's largest gig-speed network. to help give you the speed, reliability, and security you need. tools to manage your business from any device, anywhere. and a team of experts - here for you 24/7. we've always believed in the power of working together. that's why, when every connection counts... you can count on us.

welcome back to fast money stocks, soaring on wall street after mederna shares jumping 20% to touch fresh all time highs. the company is getting ready to sell more shares >> we're talking about essentially eight patients worth of data that are moving the market to this extent. it's really amazing to see

the vaccine enrolled 45 participants, were focusing on those eight, it was they that showed the neutralizing antibodies are what you need in order to fight off a virus also it was generally well tolerated. and now the company is saying phase three is planned for july. already questions are being lobbed to the ceo how they're going to price this potential vaccine. we talked to the ceo about that on squawk box this morning >> we need to stop thinking about pritsing we know it's a pandemic, we know people are waiting for the product. we have to figure out what's the right place. they needs to be able to fund,

they are doing a stock offering of 1 and a quarter billion dollars in shares. they're going to use the proceeds to mainly fund the manufacturing and distribution if it's successful and mel, this is at a time when mederna's stock is at this unforeseen height. he said, you have to strike while the iron is hot, and you can see the iron is very hot for mederna right now. >> in terms of where this is there are other multiple vaccines that are in clinical trials already, you can see them here, in terms of when they're going to start or when they already have started, going out to johnson and johnson and saying they're planning to start them at the end of this year >> this is moving quickly. the first very early data positive for moderna. >> you mentioned the iron be hot. how unusual is it for a company

to release phase 1 data. i understand everyone's watching this closely but this seems to be an unusual move for a company to release data so early. >> phase one is not completed yet. we heard on friday from president trump's new head, that he had seen certain clinical trial data that made him confident that we would have a vaccine by the end of the year we assumed he was talking about moderna, but we didn't do. did moderna present this data, because he had seen this on friday it's an interesting situation, nothing is normal about how things are operating in this pandemic >> very true thank you. meg terrell. >> brian kelly, you said if there were a vaccine, you would fade ivb >> yeah. >> what do you say at this

moment >>. >> i still stick with that we're talking about eight people it's a vaccine, we've never had a coronavirus vaccine before this is something new. there seems to be so much hype built into this, and the fact that the company is selling shares right thing for the company to do but as an investor, i probably don't want to be a buyer of those shares >> guy adami >> if the vaccine is successful that's why they issued this secondary to pay for the production that's great they say that, i think brian's spot on. they're taking advantage of this to the upside. if the vaccine were to be

successful, the stock would be higher, there would be a better time to do a secondary if they're within six hours of this stock going parabolic to me, at least, to the tune of $1.25 billion, that tells you all you need to know >> coming up, day trader is back on fast. he has a big update. first guy is winding up for a fast pitch why this group of cksos is ready to shine fast money is back in two. connected. ou so you can keep your patients cared for. your customers served. your students inspired. and your employees closer than ever. our network is resilient. our people are strong. our job is to keep your business connected .

it's what we've always done. it's what we'll always do.

gold took a breather he's got a way to play >> as i mentioned earlier, i found myself watching the 60 minutes last evening hopefully most people were as agast as i was, when he said, yeah, we're just digitally creating money, that tells you all you need to know in terms of what's going on in gold. the money supply continues to go through the roof number one, that doesn't show any signs of abating, physical gold, there's a premium for it, if you look out there and see what's happening people are tripping over themselves to get to the actual commodity. the reason i think there's a

delay, is because of the price of the underlying commodity. you have a little kenros in there, a little smaller mines, if you don't want to play the individual names, i'm receipt sent to pitch an etf gdx works. if you've been waiting for gold, it doesn't get much better than this, mel. >> this as fast money viewers know is usually where we open the floor to traders in fast money first, we're going to kick things over to the chart master to see where he sees gold headed carter, take it away >>. >> agast is the world what you're hearing from your federal authorities is ghastly let's look at a couple charts. the first is just the point.

this is the gold and metal what you can see there is the spread gold is getting back to its all-time high. they're still operating companies and they struggle with so many things if you want leverage, this is where you wan the to do it the second chart goes back to the bullion, this goes back to the lows in 2000, 2001 it peeked in 2011 in the summer of 1924. and it gives back half, we've been climbing back since 2015 as all will know, we're sitting here at 1735 plus minus, it's just if i use the word inevitable and ultimately exceed those highs.

finally, just a hear and now chart. today's weekness simply brought you down to that minor trend line this will be another chance for those who are not involved, to get involved days like this, keep adding to longs or get long for the first time >> the man who sits atop a pantheon of technical an lift essentially backs guy's pitch for gdx. >> buying or selling, what do you say in. >> i'm sorry i believe in gold, but i don't believe in the gdx here. i think investors will be chasing this one this is not a guy with a mustache, this is a guy frowning i'm a seller, guy. >> the stash looks not bad on guy. >> brian kelly

>> more stash. >> buy or sell, gdx. >> you know, for me, it's a buy. i got this emoji guy here. i expect their labor costs are going to go up with oil rising, it's a big input to them gdx isn't bad. >> carter's back dan nathan, what do you say? >>. >> you guys know i buy guy all the time, i certainly buy carter i think on a pull back to that breakout level looks like a great load to look at the long side this thing had much higher highs, i get the costs this looks like a decent

selloff. >> i guess carter left the traders have voted is it injure turn now, are you buying guy's pitch >> coming up, wall street's betting it's not so hip to be square after the stock got slammed today. t ne.arh investors so beis onheam ya (vo) our communities need help like never before

and wells fargo employees are assisting millions of customers across america through fee waivers and payment deferrals, helping people stay in their homes through mortgage payment relief efforts and donating $175 million dollars to help hundreds of local organizations provide food and other critical needs... when you need us, wells fargo is here to help.

confident financial plans, calming financial plans, complete financial plans. they're all possible with a cfp® professional. find yours at letsmakeaplan.org. . shares of payment process are square dropping 4% on a double down grade from bank of america. many of the small businesses that square relies on for 70% of its payment volume could struggle when the economy reopens. what's your take on this call. it's a downgreade right away

>> it's severe when you see a wall street bank going to a sell this is a trading call bank of america, the analysts like this company, they like the secular trends that they are exposed to they're saying, go to the sidelines here, the uncertainty about the majority of their customer base is going to exist and it's going to exist for a while. the stock was already trading at a premium of many of its peers the fact that the stock was only down about 3%, tells you that investors are not hitting the sell button. i don't think that was a huge deal this is a stock that you'd love to see it get nailed, you'd like to buy it in the hole. the stocks sold off 60% from its february highs to marlowes i think they're moving it sidelines with the stocks still up on the year >> brian kelly, what do you say? >> i think that's right. you probably wouldn't to buy

this on any dip or pull back here this downgrade flies in the face of the broader market. and what the small caps have been doing the small caps have been rallying, if they are only a third of them. you would think the economy becomes weak, just like they're saying there's a dichotomy going on i think there's more to square than a transactional volume. i'm a buyer on a dip >> quick thoughts on square? >> are you familiar with the christmas story? >> yes i am. >> the answer is no. but you recall the triple dog dare they could have done a flick and a schwartz and taken all of this down the stock went from 97 to 50 we have seen significant moves to the up side and down side in

this stock in the last year, i think they're taking advantage of the strength. you're going to be able to buy this significantly lower, good for them to have the temerity to put it out there >> i think they've taken market share, proven to be a consumer friendly platform, yes, it's been a trading call and this stock doesn't move in slow documents. you want to lean long on this one as i do. and trade it around. >> it's not too late to weigh-in on guy's fast pitch, go vote in our twitter poll we will reveal the results later in the show. a huge slate of retailers set to report this week including walmart. why the stock could rally to all time highs we have a major trade update davy day trader will joining us when fast money returns.

i am totally blind. and non-24 can make me show up too early... or too late. or make me feel like i'm not really "there." talk to your doctor, and call 844-234-2424. ♪ ♪ ♪

i geh. common bird.e. ooh look! over here! something much better. there it is. peacock, included with xfinity x1. remarkable. fascinating. -very. it streams tons of your favorite shows and movies, plus the latest in sports news and... huh - run! the newest streaming app has landed on xfinity x1. now that's... simple. easy. awesome. xfinity x1 just got even better with

peacock premium included at no additional cost. no strings attached. just say "peacock" into your voice remote to start watching today. welcome back to fast money we have a major slate of earnings coming at you this week mike co has the action >> we're taking a look at walmart, a stock that has been

doing well recently. it traded at about 3 times the daily call volume today. the stock is going to move a little over 6% by the end of this week. that's about 3% or so over the last few quarters. most of the activity was in the weekly call options, specifically the 135 and the 130. the 130s were trading for about $2 buyers of those 135 calls are expecting walmart to actually hit new all time highs after they report earnings and hit those highs. by the end of this week. let's trade these retailers here what's the key here. they're going to be looking through the quarter they report. >>. >> yes, but probably not the way people are thinking about it,

walmart had this tremendous tail wind because of this crisis, because they went digital. they were able to take advantage of this much like amazon did, what i'm concerned about, as products, this is over the medium to long run as products get on shored their costs are going to go up if i'm trading this, i probably stay long into the earnings and i'm a seller on any upon into earnings >> there are a lot of sellers you don't like is there a retailer you do like? >> what he just said, the big box guys are going to do better because of the volumes costco because of their competitors. 95% was shut down. they said you can only shop here

for the most part. they've been buoyed by that action in general. i expect the winners to continue to win you're going to see a lot go bankrupt in the next year or two. >> be sure to tune in to the full show, friday 5:30 eastern time coming up, davy day trader, he has a big trade update he'll join us next ♪ ♪ ♪ ♪ ♪

high protein. low sugar. tastes great! high protein. low sugar. so good. high protein. low sugar. mmm, birthday cake. and try pure protein shakes, with 24 vitamins and minerals. right now, there's over a million walmart associates doing their best to keep our nation going, while keeping us safe. we've given masks to all our people and we're helping our customers practice social distancing in stores. we've implemented shorter hours, so we can sanitize our stores from top to bottom while also restocking our products. but if anything, these days have reminded us

why we do what we do. because despite everything that's changed, one thing hasn't, and that's our devotion to you and our communities. we're working together, in-store and online, through pickup and delivery, to make sure you can still get the essentials you need. and as we move forward, know that our first priority will always be to keep you and our associates safe. ♪ welcome back to sfaft money, we have a big tradeup date for you.

we spoke to dave portnoyd. he told us he was down to $1.1 million. check out what happened today. >> one more big up tick, i don't know what's doing it, give it, give it. >> after today's rally, davy day trader's portfolio is up more than $1 million. he joins us now. >> you had a lot of roller coasters trading, we have you on, becauseyou are the every man, so many people are at home and day trading their accounts now. they see a little bit of them self-s in you. now that you're up a million, what are you doing >> well, i let it all ride, today was a good day, i'm wearing the green, i'm going to start by saying it's a lot more fun to make money than lose money. today was the most fun i had they were way up, the cruisers are way up, alibaba which i'm going to hold through earnings

there's more today, i think we're going to have a big week, but i think the airlines will come back, and i love this gain. whenever i'm on the show other critics like why have this guy on, he doesn't know what he's talking about, he's a moron, i made a million today, now i'm the smartest guy in the room >> you don't make money until you take profits have you done that, have you actually sold anything you made money on today >> no, well, you're correct, but that's why i wasn't down money either i'm pretty much back even. i'm still down 100 grand i was up a million, i was down 1.1. i guess it's all on the internet right now. >> i want to get you some advice tim seymour is an expert on chinese internet stocks. he was probably referring to the results we got today what do you think of alibaba >> well, i like alibaba. i guess the metaphor is when you

have an aging veteran hitting 220, but he hits for the cycle do you want to keep him in your roto team. if i look at the chinese internet names, it was an early pioneer, but it's not the name i want to stay with long term. rather be ten sent and ultimately, rather be a alibaba. >> that's what i'm in. >> i thought you said buy due. that's relative value to alibaba. love alibaba stay long. >> that almost got real confusing. >> that would have been good tv. >> dave, we have to leave it there, but it's always fun to hear from you. congrats on the $1 million profit today quickly, obviously we don't have dave on because he's the next warren buffett, there are a lot of people at home that identify with this guy. >> and you hear the -- i

understand the joy in his voice, i mean, that's what we spoke about last week, he's an emotional being, i think that's fantastic. i have to tell you, the exuberance today and he knows what the other side of that is, that sign curve of emotion over the long haul as he knows is somewhat unsustainable you know what, you're the man, keep going >> time to reveal the results of the fast pitch did guy win? over 60% of voters are buying your pitch congratulations. time of your life for you. final trade time, guy? what do you say? >> gdx >> brian kelly >> this had is a great macro environment, oil, gold, all kinds of stuff going up. trading via cme. i think they're going to have some good earnings. >> dan seymour >> we got some best bayernings coming out on thursday this is one of those retailers that's pulled forward some

sales. seller of best buy >> dan nathan? >> yeah, that square call i think is interesting, you're going to have an opportunity to buy it lower, and i would be a buyer in the 60s pretty interesting company, they're going to be faced with a tough time in the near term. >> tnkhas fo my mission is simple, to make you money i'm here to level the playing field for all investors. there's always a bull market somewhere and i promise to help you find it. "mad money" starts now hey, i'm cramer. welcome to "mad money. welcome to cramer. other people want to make friends. just trying to make you some money. my job is not to entertain but educate and teach you. call me at 1-800-743-cnbc. or tweet me at jim cramer. today wall street decided that it's better to b