>> very difficult to imagine a higher bar here just because of the valuation that's been added to microsoft over these months and the fact that people find so many reasons to love it. we'll see how high the stakes are for that report. >> microsoft and tesla reports will be during "closing bell." fa"fast money" starts right now. tonight's trader lineup, tim seymour, karen finerman, chris mil mills. big tech pulling back sharply after yesterday's rally. the latest news on the stimulus package. we'll bring you all the headlines. gold prices hitting a nine-year high today plus jeff mills, the general, he's got a fast pitch on one financial name he says can add to the 30% gains it's already seen this year no, it's not a bank.

nice trifecta reports for snap, united airlines and texas instruments. jew julia, take it away. >> with snap meeting expectations on earnings and beating expectations on revenue, while subscriber numbers came in half a million lighter than expected, what is is putting pressure on the stock, you see it's down over 6%, is guidance that snap is planning for t addition of 4-6 million daily active users the company also saying its combined cost of revenue and operating costs will grow at percentage rates in the low to mid 20s year over year compared to last year the company says these increasing costs are because

it's investing in long-term growth snap did not give any revenue guidance but said from july 1st through july 19th snap has seen 32% revenue growth they're cautiously optimistic that these trends could sustain over time but they're cautious that trends are volatile and could deteriorate. ev evan spiegel saying certain industries have benefitted from some of the covid-related circumstances. snap in its earnings report stressing its strength with mentals and gen z

>> shares ar you make of it even though we're down 6% we've been pretty much range bound on the stock fo yeah, we have been. the numbers going into this were largely extraordinary off the bottom, almost 240%. it's the relative outperformance to facebook. we know that the demographic here is probably more focused on some of the politics and some of the things that have been the he headwinds for facebook the nice thing for snap basically up 13% that was better than expected. the d.a.u. pull forward is something we've seen with other social media and online companies, something that netflix went through

the fact that the third quarter guide all the way through is anywhere from 4-6 million vaus it's been quite a run. >> jeff mills, your take on the quarter for snap is there a read through to some of the other social media stocks >> yeah. so i agree with tim. that is the story about where we've come from. their exposure to e-commerce and digital ad spending i think is important. if you look at industries surveyed, it looks like you're going to start to see digital ad spending start to grow again to the tune of about 13%. if you look at the direct response ads, there's a big trend there. snap has capitalized that held up the best in the downturn overall i think snap is going a good job the problem is the valuation looking at snap at 20 times sales versus some of the others, google, twitter, facebook at

nine times sales, that's part of the problem. anything other than perfect guidance or revenue, you're going to see a little bit of a pullback although the company is doing a good job, i would rather enter at a much lower price. >> with these runs you might have to expect some of these moves like this, like this pullback we're seeing in snap. >> right we went from the bottom to the stop just in a straight line recently the story of where tick-totic tiktok would potentially be banned in the united states. i don't know if some of that facebook money is going over to snap i still find it too expensive to own. i mean it's up 4 or 5% in the after market it wasn't a bad quarter at all

i don't blame them at all for n not giving guidance. >> we're having some technical difficulty with karen's audio and video. chris, why don't you take it from here? >> i think this is an opportunity to add a good chart at lower prices over the next number of days we'll see where it openins tomorrow i think you could probably trade it down to 22 over the next number of weeks. the stock was being accumulated as it got through 20, 21 i think you'll have a chance to add it there you have the 50-day up through the 200. it's a good technical chart. i would add on weakness. shared of united after reportin inin ining earnings. >> we have three things we're going to focus on. start with the q-2 results which a lot of people look at and say

we know it was a disaster, it was a disaster for all the airlines it was a loss of $1.6 billion. they reported a profit of a $1 billion in the second quarter of last year. the estimates were all over the place. revenue coming in a little better than expected at 1.74 blgtd billion. the first key metric, where do things stand in terms of daily cash burn. in the second quarter united's daily cash burn was $40 million a day. that was on the low end of guidance the airline provided. for the third quarter, and this is new guidance, it's going to be an average of $25 million a day. that is the company's guidance at this point. previously it was expecting daily cash burn at 30 million. that's an improvement of about $5 million a day in terms of daily cash burn. the other metric we're focusing

on, liquid dity. cash is king and it's about having enough to ride it out at the end of the third quarter united expects to have over $18 billion. that includes a loan from the treasury department for $4.5 billion that united has not tapped but likely will tap all the airlines have this secondary loan from the treasury department that's been approved but many of them have not tapped it they have until the end of september to make that decision. we'll be talking with united ceo scott kirby exclusively on "squawk box. are the airlines strictly a vaccination play right now in other words, people aren't going to fly in big numbers and traffic is not going to come back until we get some really

positive news on a vaccine in other words people can say i know it's coming therefore i'm going to get back on board we'll talk to scott kirby about that tomorrow morning on "squawk. >> what's your take on why it's lower than expected? is it probably more head count reduction? >> a couple of things. head count reduction, which kicks in not the until the end of the third quarter it's not about that. it's more about the fact that they've done a great job in terms of limiting capacity when you look at their load factors and where they are in terms of how many seats they've put in the air, they've been much more aggressive than their competitors about saying we're in the going to fly. we're not going to flood the market with seats and hope people come back they have been very judicious. that's showing up in the cash burn come douing down as aggresy

as it has. >> phil, thank you lower cash for the third quarter, higher cash position. that means a longer lifeline for ual. >> yeah. just some quick math, you know, basically four times 25, you get to 100 times ten a billion dollars they burn over 40 days. we know they have about a year and a half i think the story that phil's talking about is matching essentially demand, supply and demand load factor for august would be at 35. it was 40 in july. the concerning thing is the good thing. their cash burn is coming down fwh because they're matching demand. six weeks ago we were talking about if you look at bookings out of newark in the end of june, they were down 65% august they're going to be down 85%. we thought as we got through the summer, we're actually going to see more capacity coming back

online in fact, they're going the other way. that's good news for shareholders, i believe, but ultimately normalized earnings for airlines, we really have no idea. >> karen is on the phone now karen, your take on united airlines especially as new york is adding more states to the list from which visitors must quarantine two weeks when they arrive in new york >> we'll try and get karen on the phone. tim mills, i'll go to you. we were talking about ual having all sorts of cancellations because of its presence in the new york and new jersey area more and more states are being added to that long list of quarantine states, more trouble for the airline. >> yeah. i've been pretty vocal about my trepidation about the industry overall. but do i think look at ual specifically, it's a stock that's down 62%.

it's interestingly showing some pretty good support at the upper sloping moving 50-day average. i do believe it's a reopening play and a vaccine play. if you're an investor that belie believes those headlines are going to be positive, i would keep a short leash on it i think about international demand and international revenue exposure as an example a company like united is pushing upwards of 40% of their revenue linked to international travel that's particularly problematic for them also i think about their pricing and the ability to price profitability. go back to the financial crisis. think about how many years it took for airlines to get back to pricing that led to profitability. when you think about the cash burn and try to triangulate that to profitability, you have to keep that in mind. virus or no virus, how long does it take to work off some of the lingering effects.

i'm still very cautious. >> some might call the airlines zombie companies at this point because they're not making money but yet they have huge cash positions on their balance sheets that will keep them afloat. >> i think jeff got this right is it tradeable in the context of the next number of weeks? it may be that 30 level is big support, but is it investable in the context of is this stock going to be a leader over a next number of years. that's where i'm a skeptic looking at the airlines today reminds me so much of how the banks traded off the 2009 lows the bank stocks doubled and tripled the first couple months off the march 2009 lows. then they were stuck there year after year after year. when you're at the scene of the accident the likelihood you return as a leader the next cycle is pretty low. maybe they're tradeable, but are they a leader on the other side

of this? probably not. >> here's how texas instruments is trading after reporting results up by a percent. >> that call is just wrapping up let me give you sort of the headline guidance has been key this quarter. texas instruments not only providing guidance but raising it for the third quarter that can give some hope to the rest of the chip making industry which has been disrupted on the supply and demand side due to the pandemic it seems that the pandemic didn't actually have that much of an impact on its business otherwise. executives are striking a conservative note saying they've remained cautious during an uncertain environment but they do think growth is probably over the long run the ceo said that the current environment is a great time to make the most of opportunities, but they'll continue to follow

the same framework they have been father or mothollowing texas instruments also continues its so-called strategy of optionalty that is keeping production levels at about the same as they were at the beginning of the year that means they'd be ready if demand snaps back quickly. one analyst asked about the threat of china developing its own chips in the current economic and political environment. the cfo down played that threat saying they're in a good position to compete against chip making companies whether they're american or chinese. >> jeff mills, maybe no surprise we sort of expected this >> yeah. i think so if you look at the way the stock's been trading, for a

while it struggled at that 130 level. even before earnings it broke above that i think there's some momentum in this specific name you could play we just talked about the strategy they're employing the fact they're continuing produce inventory at pre-virus levels sets them up well to continue to drive fundamentals going forward. whether we recover fully or not from an economic perspective, it seems like the chips are still in relatively high demand. this is a stock you could probably own it's not cheap here but neither is the entire industry overall i like the name. >> shares of best buy are trading higher after the company said sales since reopening are up 15% compared to last year it's also raising its starting hourly wage to 15 bucks starting august 2nd shares up by 3.6%. tim, i guess this is what people are buying now they're doing more work and school from home,

electronics. >> yeah. best buy has definitely been a have between stimulus checks and between the work at home trade, people are certainly beefing up their infrastructure the question is how much have they pulled forward. the reality is this is a company that's done such a great job since 2009 in getting their online business and getting their inventory levels to place where they're a very efficient company and they're not sitting on inventory i think the stock goes higher. they have found a place well ahead of what competition is left they are competing with amazon and walmart. it is the place people think of first when they're going for electronics. >> this is one of my favorite

names in this entire sector. it spent the last three years between 50 and 90. just breaking above that 90 level tomorrow what's important for me is this has made new relative all-time highs versus the s&p not only is it going up in affluent terms, it's an outperformer it's best of breed among brick and mortar i think it's a must own here. >> is that the longer the base, the higher the space. >> exactly this is a huge base. 50-90. it caps to about 130-140 >> the next round of stimulus expected to be introduced in the next few days. kayla has all the details. >> top congressional democrats just finished a roughly 90-minute meeting with officials from the trump administration including steven mnuchin and mark meadows in which democrats communicated to the administration that the $1 trillion benchmark they're

currently working with is not sufficient and that they want to see the draft of the republicans' bill before trying to negotiate against broad principles despite $2 trillion of differences between where the parties stand, mitch mcconnell who is drafting that forthcoming bill said today that it will include at least one of several democratic priorities and that is another round of direct stimulus checks. >> we'll layout t out the specis i'm going to introduce a bill in the next few days that is a starting place that enjoys fairly significant support among republican senators, probably not everyone, at that point we'll be more specific about how to allocate. we do envision direct checks again. >> reporter: there is hardly full consensus among republicans. senator rand paul voiced

opposition for another round of checks to people who still have jobs mcconnell himself noted significant differences of opinion on a payroll tax holiday that has been pushed most personally by president trump. the window to get a deal is very narrow, a moratorium on evictions and the expansion of unemployment benefits are both set to end this friday, july 25th the small business grand program ne will end on august 8th the virus itself is showing no signs of dying out president trump at the coronavirus briefing that has restarted as of just this hour just said that it is going to get worse before it gets better. >> not too much time to figure out within the party, jeff mills, what they're going to push forth and between parties what they're going to put forth. >> right now you're talking about weeks

not months in terms of figuring this out i do think it's part of the market's calculus in terms of where it's priced right now. you still have 17 million people unemployed you have 40% of jobs regained last month in leisure and hospitality. we've seen what's happens with the virus since then we had consumer sentiment moderate a little bit last week. i think that all hinges back to filling this income gap. we've seen it filled consumers have had more money in their pocket post virus than previrus because of the bolstered unemployment benefits. the fact of the matter is if we don't get things put into place, this sales trajectory in the overall economy simply isn't sustainable. i think we get something passed. >> i think it's very difficult to expect delays on unemployment and even the mortgage relief there's no way they can't continue to roll that down, at

least until there's some clarity on the same things that were there when they threw those pieces of aid to the public. so more good news for best buy i think stimulus checks are one way. there's folks that need it and folks that don't some of that liquidity has found its way into the stock market. it's difficult to see why these dynamics would change with an administration who wants to push for them with an uncertainty around the virus and everyone believing we need to lengthen the ability for the economy to recover. i think that's what we're going to get and i think the market is going to like it. shakeups in the c suite. gold surging to its highest level in years where should you hide out? a top technician will join us and tell us where to seek safety

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welcome back to "fast money. a couple of c suite shakeups today. shares of wells fargo jumping more than 6% after announcing a takeover as the chief financial officer. he's been at wells fargo for 22. he's one of the few surviving members of the c suite through all those fake account scandals and of course the ress test wite fed. the stock is up. is this a good thing >> yeah. i think this is. i think this is consistent with the other changes we've seen at wells fargo and the need to

really clean house and have a fresh start that goes from some of the regulatory oversteps or understeps down to just the perception and then to the business model and the balance sheet which had to fortify itself for potential provisions and writedowns and litigation. 6% move for this beleaguered play which has underperformed to morgan stanley in the 40-50% since this pullback, i mean, it's extraordinary where this large money center bags 6 in terms of opportunity there's no reason for me to change it. i do think a clean start with management is part of that and this is a step. tapestry the parent company of coach and kate spade ending the day higher around 4% following the bankrupt departure of its ceo the ceo says he felt compelled to resign after recent allegations of misconduct. this was a really fast moving

story because it concerned a relationship in supposedly he posed as a photographer, had a relationship with this woman this was 13 years ago the relationship was started and ended. yet, here he is today because a yuf journalist was going to publish an article about this. the layers to this must go really deep and far in terms of time >> they do go really deep and far. you sort of wonder at what point, is there a statute of limitations on something i don't know i understand why he would want to step down just because the negative poliublicity is bad fo them i thought he was an interesting choice, much more of a banker and a wall street guy than a merchant i thought it was an unusual choice i guess back to the drawing

board for the board. it's a weird story i don't really know what to make of it. i don't know how much it really changes the story because the macro for kate spade and coach. >> unless you think getting rid of a ceo who hadn't been in the role for very long paves the way for some sort of takeover because you've got an empty seat there, karen. >> i don't see many retail deals getting done for companies that have enough liquidity to make it through. the ones that are bankrupt, we've seen some interesting stuff from the mall operators who are looking to buy retailers who are really struggling. i haven't seen many deals in the restal retail space i wouldn't buy it on that hope. coming up, chris ver roan is going off the charts and later how much of a boost did online brokers see from the

surge in stay-at-home trading?

gold prices hitting a nine-year high today on the back of a huge dollar selloff chris verrone thinks there's a few ways to play this. >> i think as you said it, what's driving this entire story is weak dollar this is a major regime change in dollar here. if you bring up the chart of dxy you're challenging that 95 level. i think you risk something like 90, 91 in usd. in terms of euro context, you're

talking 117, 118 in euro usd is gold stretched? probably stretched in the near term, but you have good support back near 17.50 on the gold chart. i want to continue to respect the uptrend there. higher lows has been the story there, not just for the last number of months but really gold started to turn up and bottom 18 months ago before any of us knew about this crisis or u.s. dollar, gold ban to forecast that i want to respect the strength there. if you're looking for beta or something more timely, silver i think is another good bet here, breaking out of an absolutely huge base going back about seven, eight, nine years silver getting up through 19 is a major, major move. i think 26 is where this is on its way to i think bigger picture, if you want to play it through thties,k

that tend to be most correlated to moves in gold and silver and lower moves in dollar. we came up with this list of about ten names that have negative correlations with dollar dollar down, these names up, southern copper and john deere there's a good group of industrial material stocks that tend to benefit when dollar down if you're looking to play it through the equity market, ten names here i think very good opportunity. >> a lot of these names get a double boost because they benefit from being multinationals with the weak dollar, but also the weak dollar provides them upside on the commodity price at which they sell basically. >> yeah. queue up the huey lewis and turn on your vcr. think about southern copper. this was a name we barely talked about. first gold silver. gold silver ratio essentially went to all-time lows for silver

players. since those lows, silver has actually outperformed. it's been up 40% relative to gold in this rally for gold. there's a lot more to go with silver i think the other pgm, look at platinum and see the breakout there. we're going to get back to those highs we hit before the crisis i think these mining stocks -- the ultimate play for the weaker dollar se meris emerge eging ma. >> you self-would you rathered you're so stuffy, you thought i wouldn't catch it. servi it was a silver and gold would you rather >> grasso isn't here. >> jeff mills, to play a weak dollar where would you go? >> tick took the words out of my mouth in terms of mergie i emer

markets. if you look at the correlation between the overall index there and the dollar, it's been fairly negative especially as the dollar denominated debt has increased. i get a little cautious about some of the names in the industrial space we're right back to where we are in the beginning of june if you look at small cap stocks, industrials, value in general about to do battle with that 200-day moving average i still have questions about the sustainability and the speed of the economic recovery. i would be more inclined to go overseas and get the exposure there. >> yes, tim? you've raised your hand. >> it's not self-would you rather if you don't say

self-would you rather. i feel like i was classified with something that i didn't say that >> okay. well, it's like metaphor i mean, basically you did it out using the actual words it's the same thing. anyway. >> i'm sorry. coming up, a 25% rally by friday you heard that right options traders are betting on a full speed ahead rally in this name first, the general winding up for a fast pitch. banking on one name. will he knock it out of the park (vo) the time is coming for us to get out and go again. to visit all the places we didn't know meant so much. but we're all going at our own speed. at enterprise, peace-of-mind starts with our complete clean pledge, curbside rentals and low-touch transactions. with so many vehicles of so many kinds, you can count on us to help you get everywhere you want to go... again. whenever you're ready, we're ready for you.

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welcome back to "fast money. our jeff mills is stepping up to the plate with a fast pitch on one non-bank financial you can

take to the bank, he says. >> in the financial space i think this is a company that's almost inversely levered for the low rate story and the craziness going on in the debt markets i think there's a lot of areas that can drive growth. number one is the debt issuance in the corporate bond market their market share is huge there. i think that's going to be a big growth driver. then investors, companies, they're looking for individual assessments in terms of those metrics. s&p global has a lot of exposure there as well. china's a big driver they've made big inroads in china. they're the only independently owned agency able to operate in china. i think it opens the doors to investors in china i think the business in terms of the indexes, passive indexing is

not going anywhere in the investment space and they are certainly exposed to that. the stock has run some but it's priced alongside they get that premium for being a duoply i think they will do well in that space overall perhaps you can buy it at a lower price i think this is a really good long-term story in the financial space that is not a bank. >> tim, you have a question for the general? >> i do. my question is do you think they've been overly conservative on the indices and the etf lows? the last real guide we got from them was before the market had done what it's done. is that even a bigger tail wind to this story than additional corporate issuance >> i think it probably is.

i know there's big talk about active and passive and what's going on with indexing and perhaps usit's swung too far in one direction. i don't think the growth in that space is going to slow down at any point in time. the technology they have to deliver those services, i do think is a massive tail wind overall i do think the indexing is a big story for them. >> time to vote. are you buying jeff's pitch on s&p global karen, what do you say >> i actually am as a value investor, it's not right in the sweet spot of valuation but i like the story i think we're going to see debtish yurdebt i debt issuance for a while >> chris verrone >> yeah. i think the answer is yes.

this is still a buy for us when you look at the trend of the stock, this has been an uninterrupted up trend for the last seven years until it proves you long, it's remarkably hard to bet against >> tim >> joker joker and a triple. this is a buy. this is a buy. if anything, the indices are trading expensive as well. the corporate issuance may be the sweet spot but i do think the flows into these industries go higher. nice job, general. >> are you at home buying jeff's pitch on s&p global? not too late to vote ahead, interactive brokers and td amher trade on the move.

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interactive brokers in td ameritrade on the move after hours following their earnings report let's get to kate rooney. >> the brokerage firms were helped by a retail trading bonanza last quarter td ameritrade up about 3% after hours. the firm seeing record new accounts and, quote, unprecedented trading volume in fiscal third quarter daily active revenue trades came in at an all-time high of 3.4 million. that was more than four times what it was a year ago and up of 62% from the prior quarter td is expected to be bought by

charles schwab for 26 billion. that deal is on track and expected to close in the second half interactive brokers seeing the same tailwinds with a beat on the top and bottom line. commission revenue is up due toto increased trading activity customer accounts jumping 36% from the year ago quarter. ibkr reporting a rise in expenses due to $104 million loss due to compensating customers affected by crude oil contracts settling below zero back in april. seeing the effects of lower interest rates as well with a drop in net interest income. >> chris verrone, what do you make of these charts >> i think ibkr is improving here in a meaningful way, 50 back up to the 200 ameritrade i'm more of a

skeptic. this has been in a down trend. if you want best of breed in the brokers, morgan stanley is the best chart among the brokers and it's the one where i think longs should be concentrated >> i feel like it's the story of the second quarter and that is to what degree are you pulling forward from the third quarter, jeff i feel like there's a little bit of that here as well there's also the question of sustainability of all of these trading levels given work from home and if the economy reopens, people have less stimulus, et cetera, they could change the dynamics here? >> i brought that up last time too. i don't know whether it's the dave portnoy effect. to your point about the pull forward i think it's legitimate. you're seeing so much consolidation in the space and i know the stocks had a hard time.

i think about a schwab, really big company that's able to buy up other companies that can leverage that size for cost efficiencies, i think that's really important a name like that has a lot of catchup to play. i would focus my attention there. it's time for another edition of total request fast. one viewer had a question about w wayfare. >> we've seen robinhood and retail investors get knocked for overexuberance and unsophistication in their reaction to the markets. but we also see goldman sachs stick a $200 price target for a company like wayfare >> good question tim? >> that's a nice skeptical cautious question. it was almost rhetorical i think i know where he's going.

i tend to agree. i think the trends in nesting and home improvement and buying a new bedspread are largely overdone i think the valuations are not going to be sustainable. i think disposable income, with or without a stimulus check, is going to be down 3.5% in the third quarter as far as i can tell these guys with the tailwind within the sector were taking market share and actually growing their presence in the space. i don't chase these. this is one that i do think has been a retail play having said that, if we're expecting more retail stimulus checks, some of these could go a bit longer be skeptical you're right, the valuation doesn't make sense. >> you have this notion of this pull forward, karen. i don't know how many coffee tables one can buy over the course of a couple of quarters i only have so much space for

the coffee tables. i only drink so much coffee. >> right then you wear out the coach and you want to redo the couch i understand why people -- we haven't spent this much time as home maybe ever. now you want to fix your home up maybe. every home in america i guess can't be filled. the first thing is you have to look at balance sheets and do they continue to improve their margins. sometimes you see big revenue growth and giant expense growth and that's a really hard one for me to value. if the margin improves, that at least gives you a path for a way to profitability. coming up tesla has been on a tear what the options traders think about it plus, it's a triple tech night on "mad money.

welcome back to "fast money. tesla down nearly 4% today taking a rare hit ahead of tomorrow's earnings report the stock has added nearly $146 billion in market cap since april 29th

it could add another $75 billion more by the end of the week. mike khouw >> it's hard to run out of superlatives when we're talking about tesla. we call call volume outpace put volume by about 2-1 today. the options market is implying a move of about 14% by the end of the week most of that activity was concentrated in the weekly 2000 strike calls almost 20,000 of those traded for around about $25 buyers are betting calls could go above that $200 strike price by the end of the week the average trade size of all of those contracts, just two contracts. that suggests there's a lot of retail participation in options and continuing to bet on the momentum in this stock there's a really low probability it actually gets to those levels. >> chris, what do you see? >> this is a stock we've liked

for a long time. it broke through 1,000 we got that right. the value lastock tried to rally yesterday on less volume i think the guides are starting to sell this one i'd be careful. >> jeff mills, what do you make of this? jim cramer called the move in tesla, the move in microsoft insane >> it looks kind of insane to me but it has for a while jp morgan basically said they think all the near term good news is priced in. i agree. the chart is straight up this is what a top looks like. this generally is a story stock. it's extremely volatile. i wouldn't own it. i wouldn't short it. is it a tech software company or an auto maker?

if it's a hardware auto maker, it is ridiculous maybe it falls somewhere in between. i don't know i'm still on the sideline. >> here's a tough one, karen let's say you have a three-year time horizon general motors or tesla? >> gosh, i mean the risk/reward to me, general motors i guess is better but that is a very difficult one. yeah wow. what would you say i'll put it right back to you. >> you know, i can't opine on individual stocks. that's why i leave it up to you guys, the experts. tim, go for it >> i'll take gm. obviously the valuation is apples to oranges but gm has underperformed massively and gm has a balance sheet that actually i think you can own. for more "options action" tune into the full show friday

5:30 p.m. eastern time up next, results from the fast pitch poll and final trade

welcome back to fast time for the results of the fast pitch poll let's see. no sorry. unbreak my heart, jeff you get the dance version, which makes it even worse. 65.8% no sorry, buddy >> we're playing baseball so i'm batting .500 that's okay. >> jeff, kick us off for the final trade? >> i thistick with emerging mar. >> chris verrone. >> caterpillar higher. >> karen >> wells fargo

i like the new hires and there's a lot of expenses to cut >> tim >> we talked precious metals tonight. silver is going to continue to outperform >> thanks for watching we'll see you back here tomorrow at 5:00. "mad 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 cramerica other people want to make friends, i'm trying to make you money. my job is to entertain, educate and teach you say call or tweet me @jimcramer. it's