and he drops all the merch the outfits and the uniforms worn by mcdonald's staff, it feels like it was chosen by him and that he was involved in the process, which is kind of a new model and has been very successful he's not the biggest star in the world. he's not as big a musician as drake or jay-z but he has this effect when it comes to branding power. i'm melissa lee. this is fast money guy adami, tim seymour, steve grasso and brian kelly snowflake surging in its public debut. plus, boeing stock soars and draftkings taking the crown

today. we start out of with the fed staying put. jerome powell signaling the rates will stay near zero through 2023 stocks getting an initial pop, but reverse course as the fed share took questions from the press. steve, what was it, do you think, that spooked the markets? >> you know, it's always hard to know maybe one of those sell the news things there was a bit of history in the statement where the fed for the first time put in the statement that its new goal is to seek inflation above 2% that was in the long-term policy strategy but it had not yet been in the statement. this is the first statement following that change. it was a bit like there was nothing behind it in the sense that, the question that i asked, i said, well, how come your forecasts don't show you hitting the goal, not even in the four-year horizon here the fed chair didn't really have a good answer for that

you would think if you said, you know, i'm going to move this tanker faster, you know, you'd be pushing the throttle down the fed didn't do that at all. they just said our intention is to go faster but we're not doing anything about it. there wasn't any actual policy substance behind the new policy. >> steve, what jumped out at me was the language in the statement. i don't know if i want to use your medical fotaphor but the f it needs to be on track to see that inflation target as opposed to sustainably hit that inflation target they're saying being above 2%, we just need to be on track for it, we don't need to actually hit it and sustainably maintain it >> i wouldn't say it's hawkish overall i'd say the development is very very dovish, the fed now

saying in its statement it's aiming for a target above 2% and also in that same statement forecasting .4% interest rates until 2023 you can't get much greener than that, i guess. the idea being that there's not any additional policy. the fed didn't come out with new qe or new plans to get there it's just going to be a builtbie same old same old. maybe that new policy didn't resonate much in the market in terms of hey, this is something new. they're not hitting the old policy and now they're not going to hit the new one. >> teve, unbelievable job. i love your twitter feed today i'll ask you a question. there is inflation out there bk is going to talk about a commodity that's been exploding over the last year inflation is in places that we don't really talk about.

again, i ask you the question about a weakening u.s. dollar, albeit a dollar that has bounced recently i understand it's not the fed's purview, but at what point do they become concerned that their actions or rhetoric is weakening the dollar to a point where it might become a problem >> you know, guy, i have a hard time sort of processing the dollar weakening or strengthening as a problem we probably disagree on that, but what i see as a very dynamic u.s. economy that is geared to benefitting from a strong dollar and geared toward benefitting from a weak dollar i think the dollar has been very strong for a period of time. i think now is a period of time when it's weaker i wouldn't say that the u.s. is going to lose its exalted position or special position i don't see anybody challenging that at all, not the euro

certainly. i think it is inflationary, but i think the fed perhaps wants that i think there are some companies that are going to benefit from the weaker dollar. >> steve, thank you. what do the markets look like? what do valuations look like with rates near zero until 2023? through 2023, i should clarify tim? >> well, steve's looking for another color of green i think ultimately valuations are allowed to go higher when you can forecast zero interest rates out to 23. i think 24, because if you talk about some of the dissension, you're probably 2024 i think what's important about the fed policy that is starting to become clear and also very equity positive is that the federal reserve is essentially

allowing for fiscal policy to follow through and they're essentially financing it so financing this deficit is really what the fed is doing they're monetizing the balance sheet of the government and that is something that may lead to more fiscal and certainly can give the context of being accepting of $1-2 trillion deficit, add-ones to the deficit in the current environment, which have people concerned but will pave the way for fiscal which will be equity bonanza we ta the nasdaq lost 175 basis points from the fed announcement and the power conference there were some assets that rallied, commodities and oil oil rallied 2.5% anything that is attached to at ses pri asset priced inflation, i think we have a lot of that and i think it continues to push for the outperformance of industrials, transports and that

part of the market that is going to benefit from asset priced inflation. >> does that mean that the tech trade may have seen its best days, brian kelly? >> it looks that way it certainly looks that way today. tech was actually quite weak going into this. when i read the fed,basically what happened today was there was no new information the fed already said, listen, we're going to shoot for above 2% inflation the market priced that in. today they didn't really give us anything else. and they said you really need fiscal stimulus. fiscal stimulus has been a real problem. i mean, we don't have it yet i don't know if we're going to get it it was not even a fortnight ago that i mentioned that was my biggest concern for the market i think the market has to digest that and we head lower to tim's point, it was interesting to see commodities do well today. to me, that's pricing in the fed is going to do more in the future, but it's not going to be

economy supportive, it's going to be commodity supportive >> steve grasso, what was your take >> my take, obviously i've been sort of weighing the options of getting longer on the value proposition and selling my growth i think to tim's point, energy, financials, industrials, materia materials. i'm just reading from chairman powell's statement the central bank is satisfied with the current size and shape of its asset purchase program. that to me means that they're not going to do any more right now. so he's trying to thread the needle he's got to say, we're growing where the market is coming back, the economy is coming back, but it's not too fast, so we have to keep rates where we are. but rates aren't going any lower. i understand where could they go but the fact of the matter is people are getting tired of

buying the same old 20 names in the tech complex and i think you're starting to see that real value proposition start to work. >> guy, i'm curious underneath your question is the implication perhaps -- and tell me if i'm reading this incorrectly -- that purchasing power may be decreasing because of the weakening dollar at a time when the price of things like food and gasoline, things that everyday people buy, is increasing >> you read it 100% right, mel listen, we've been doing this a long time together you know the way i think i don't think i need to say it but for those watching for the first time, i am no fan of central bankers and no fan of our federal reserve. whether they acknowledge it or not, their policy has led to a dollar that's been dwindling away over the last few months. clearly it's bounced recently. that's problematic if you were to measure the inflation with the weakening

dollar and asset prices and especially things that bk is going to talk about later, i would submit inflation is well north of 2%. as long as they are able to continue to move the goal post and not having any negative effect on the market, they're in the driver's seat. i mentioned one thing, though, mel. when the market made an all-time high back in february of 3393, vix was trading 14-ish now we're obviously at all-time highs. the vix is almost twice that that, to me, is somewhat prob m problemproble problemat problematic. something is going on here and i think it's going to come home to roost sooner rather than later. >> tim, looked like you were gearing up to take issue with guy's thesis. >> actually, i don't have a lot of issue i may be sharing in some of his passion here i'm not that worried about the dollar what i would say is the fed's signal that everything is free today if you have assets

i tweeted this out earlier and it elicited a lot of strong responses on both sides. if you don't have assets, if you can't take advantage of zero interest rates, this is not your party and this is financial oppression this is eroding the purchasing power of much of our country and i don't think it's positive. i'm with guy i share the passion. this has been great for people that have assets housing prices are going a lot higher the problem is a lot of people can't afford them and i think that's a major problem in our country. >> let's talk more about the fed and the markets. mike wilson joining us, chief equity strategist at morgan stanley. now that the fed is formalized through 2023, what does your portfolio look like? >> i think we didn't really learn anything new today from the fed. they're just reminding us that

they're there and they're going to continue to do their part of what's needed to get the recovery that we would all like. a couple things stuck out to me in today's meeting clearly they didn't give us any formal guidance on kiwi. i think there was some home that there might be some more guidance fort forthcoming there. qe has not worked in terms of getting inflation. they've committed to keeping front end rates lower for as long as it takes i kind it peculiar that they guided unemployment to be 4% by 2023 implicit in that, basically they're saying their policy is going to fail. it's bizarre i think it's a little bit of gamesmanship that's what they do. as long as there's nothing in the headlines that forces them

to start tightening, then they can keep playing this game to be supportive that's all good news the bigger message that i see coming from the fed is they're not going to be tapping deals. they're shooting for the moon, inflation. that means the biggest sort of thing for the market is that back end rates could actually surprise us on the upside over the next 3-6 months. we're bullish on growth. we think inflation is coming that means that back end rates could move that will be the single biggest impact on your portfolio construction that you want to have going forward we're set up for cyclicals and things that are going to do better in a higher back end market. >> you're anticipating much higher volatility through the end of the year. what is the primary driver, in your view, of that volatility? >> we're already there we've moved volatility higher. the big driver is the election any time you're in an election

year you just get higher volatility we also have this fiscal deal, which i agree is more important than what the fed is telling us today because the fed is already all-in and we don't have an answer on that we still have to get through this second wave that we know is coming i'm pretty optimistic it won't be nearly as bad as the first wave ultimately it's uncertainty. we have plenty of events that's going to keep volatility high between now and year end. >> i agree with you. when you look at the fed where they upgrade the economic cycle and lower the unemployment and keep rates the same, walk me through again though, because the cyclical play and the value play hinges on high e.r. rer ras you mentioned the back end of the curve. could you explain that for the viewers? >> yeah. it's not overly complicated.

the only reason why rates are where they are is because nobody wants to challenge the fed nobody thinks there's value in a ten-year treasury bond but they're there because of financial oppression, as tim was saying there's a general belief that the fed wants to keep rates lower. i don't actually believe that. i think if we get a recovery that's driven bybetter growth and maybe some inflation, the fed will be thrilled with that i personally think they want back end rates to go up. if it's not holding back the recovery, that would be very helpful in their ultimate goal of getting inflation you can't get velocity in the system with a yield curve that's flat as a pancake. i think folks have gotten lazy here they don't really see that all the other indicators are telling us that rates should be higher there's going to be a nonlinear

move here at some point. those events collectively is going to look a lot like 2016. we all know what happened in 2016 when the election occurred. rates shot up. i think that's going to be the same setup this time >> mike, thank you bk, do you agree with that, 2016 >> yeah. i mean, i agree with what mike is saying in terms of i think the biggest risk to this market is that you do get ten-year and 30-year rates shoot up rates include what growth is plus inflation so the inflation part of rates really started to get bigger today. so i think everybody says the fed hasn't been able to create inflation. they did all this qe it didn't happen they have no credibility when it

comes to inflation when everybody thinks that way, bk wants to be on the other side i would argue that i do think we're going to get significant inflation in certain areas of the economy. >> let's get to boeing now that stock gaining more than 2% today, this despite a new house report blasting the company for serious failures surrounding the 737 max crashes. phil, it was a damning report. >> very damaging as well, but there's nothing new in this report i read it. you come through and you go, okay, that was reported, that was out there. almost everything has previously been reported over the last 18 months none of it is good news. basically they said, look, production pressures and faulty design within the software for the flight control system, incorrect assumptions on the part of boeing as well as on the faa. basically they blasted boeing and the faa. the conclusion of the report, the fact that there were so many

technical misjudgments, bureaucratic missteps and flawed design decisions paints a deeply disturbing picture of a federal regulatory structure in immediate need of robust reforms. that last part is aimed squarely at the faa administrator steve dixon said, look, we've learned from this. we will make corrective actions when it comes to certifying not only boeing aircraft but all aircraft in the future don't forget, dixon, who is a licensed pilot, will go through the new training for the 737 max and he will fly it himself before he signs off on the plane being approved for return to service. as for boeing and its response, the company says, as this report recognizes, we have made fundamental changes to our company and continue to look for ways to improve. change is always hard and requires daily commitment, but we as a company are dedicated to doing the work take a look at shares of boeing. keep in mind this has been costly for the company on a n

number of fronts they've already set aside several billion dollars in terms of the 737 max clearly they have felt an impact from this. as you asked earlier when you were at the start of the show, the fact that the stock moved higher today on this really bad news across the board, is it a bottom for boeing? that is really what i think people are going to be asking. >> phil, thank you phil lebeau. reading through the details of the report earlier this morning and the stock was trading lower, you thought that was going to be the trajectory of the stock for the remainder of the day, but here we are finishing up 2%. >> bad news, good stock action it's unbelievable that you continue to reside in amy head.

what phil was just describing there is very leonardo dicaprio in "the aviator. leo happens to be a huge "fast money" fan that 158 level in boeing has been the support level going back to total request "fast money" a week and a half or so ago, one of the questions about airlines on a day you had really negative news but the stocks traded higher, we said the same thing look at delta since then delta very quietly is trading up to the last levels we saw in the beginning of june when i think the stock traded 38. it's a really good sign for boeing if you're trading the name. >> as a shareholder, tim, what do you think >> uh-oh >> we're having a problem with his audio, obviously he's not just lip syncing.

brian kelly, what do you make of the action in boeing >> i won't do my best impression of a mime when it comes to boeing, you can have it. i want nothing to do with it i'm old enough to remember when this 737 max was going to fly in q-2 of 2019. this thing will never get off the ground the world has changed since the initial part of this has happened and i don't think the defense side is anything that i want to be involved in for me, it's just an absolute no touch. i don't think there's anything here. >> steve, quickly? >> i'm going to say i'll take what bk is selling here. i think boeing on a technical basis, guy covered bad news, good price action. i think this thing can probably ratchet up above 200 in short order. if you overlay all the airlines, all the charts look similar and there's a lot of news flow that's starting to be constructive one last thing, spirit airlines'

ceo said he looks for a recovery in the back half of 2021 that's bullish the airlines and boeing >> tim, why don't you finish your thoughts here >> i think the mime was saying, first of all, what would leo say? but i think if you look at airlines, you've had a 30% move in delta in 30 days. i think with boeing, the issues really are 737 max now looks like it will get certification in q-4 the issue may in fact be the 787. when we talk about international air travel and the lack of demand, i don't think the max is really the story anymore i think boeing will be free cash flow positive in 2021. >> coming up, gold miners getting a boost after today's fed announcement there is one stock in particular

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shares of facebook under fire today as the social media giant deals with a boycott in a possible anti-trust lawsuit. julia boorstin has the details. >> the ftc has been working on its investigation into facebook since last june. the agency is gearing up to possibly file an anti-trust lawsuit later this year after investigating concerns that

facebook's been using its position to stifle competition and examining its acquisitions of potential competitors we got a no comment from facebook and the ftc on this report that still raises the question what could come next a majority of the five-member commission would have to vote in favor of the suit. then potential remedies could range from breaking off a piece of the company, to a fine, to restrictions on facebook's operations this conversation comes as a dozen of top celebrities on instagram abstain from posting on that platform today in solidarity with the hashtag stop hate for profit campaign including kim kardashian with 18 million and katy perry with 107 million

kim kardashian posting yesterday, quote, that she can't sit by and stay silent while these platforms continue to allow the spreading of hate, propaganda and misinformation. the ncaa ceo derrick johnson saying it speaks volumes that there is now widespread concern that facebook's complacency. now the question is whether this will impact consumer behavior and whether it could drive facebook to make any additional changes. >> it's interesting, the basis of the ftc potential suit or complaint in that when facebook bought instagram, these were nowhere near competitors at the time at the time it instagram was purchased for a billion dollars. it had 13 employees. i don't think anybody ever thought it would become what it is today it was not seen at all as a potential competitor >> absolutely. it's worth pointing out that the

ftc approved the acquisition of instagram and the acquisition of whatsapp facebook has argued repeatedly it's because these companies were part of facebook, because they had the investment of a giant like facebook that they could grow to the scale and reach that they are now. interestingly facebook has been focused on integrating the back end of those apps, allowing people to message between them >> what's your take on this more than 3% decline in facebook shares today >> i'd be worried about the anti-trust, but not to much because we know that they have shirked that off in the stock price. but we've done this boycott before as long as ad dollars continue to funnel in because they have a

limited amount of options to go for the buck, you're going to see this thing trade up. we had this issue in july and the stock traded up 32%. i'd be more worried about the rotation out of growth and into value versus anti-trust or boycotts in facebook at this point. >> if you believe that this rotation is going to happen, guy, is that even more reason to get out of facebook shares if you're going to weather the storm, so to speak, in a growth name, why weather the storm in a growth name that might be fighting the ftc at the same time as well as the other regulatory agencies? >> pushback would be because valuation is still reasonable and advertisers aren't going anywhere julia said all these people were abstaining from. think about that the use of that word tells you everything you know about the power of the actual platform again, i loathe everything about facebook except the stock. if you have a chance to buy it at 245, which if you remember,

that's where we fell from when proctor & gamble announced and all the advertisers announced they were fleeing back in june the stock traded down to 206 that 245 level becomes resistance becomes support >> the one-day boycott may give you a little bit more time on your hands because you've got less to go through in your instagram feed, but it's hardly a dent when it comes to facebook and its revenues just as the one-month boycott of some major companies hardly a dent in facebook's revenues. >> guy and i spend most of the day talking about the cardi b offset breakup and some of those issue there is there. steve brings up, i think, the more important point

i think facebook was up 3% because apple was up 3%, because the triple qs were up 2% you have this dynamic where everything is hold ing just aboe the 50 if i'm a trader, that's exactly what i'm worried about today unfortunately the social issues and the highlights to some of the politician coming under protest, i don't think are going to change. facebook is not letting commercial interests impact their policy they've made that very clear love them or hat hate them, i d see it changing. a record breaking ipo. who's really cashing in on the surge in shares of snowflake later the big ten is heading back to the gridiron that's having a big impact on one stock.

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a blockbuster debut for the biggest ipo of the year, cloud company snowflake at $120 a share, closing at $253 a share that is a gain of 111% >> you think snowflake up over 100% on its first day is a big deal not really there's been plenty of companies that have first-day trading up

more than that what they have in common is they're either tech or biotech firms. are they outliers? the historic first-day pop for an ipo is usually about 14%. that's historically. not this year. the average first-day pop in 2020, 36%. what's going on? it's not just that stocks are cheap. the multiples for a lot of tech stocks are historically high people are willing to pay more for tech because this is a higher degree of risk appetite out there. if you're suddenly inspired to start buying high flying ipos, i would be very cautious about this the post first day returns of other high fliers is not

encouraging. there have been 11 ipos this year that have popped more than hur 100% on the first day. big pop on the first day for some of these, but after that very difficult to maintain continued momentum >> who's holding the bag in the after market when these ipos decline from the first-day pop probably the retail investor this has been the story since time began and it couldn'ntinue today. >> yi'm not a banker i never was a banker i'm sure i'm going to upset some people by saying this. but there's no way to put it other than the fact that this was completely mispriced i'm sure the great bankers at jp morgan and goldman will say, no,

we price it right you can't tell me that a company that has a $70 billion market cap which tripled almost in price and had to be halted at some point today for price volatility was priced right. people watching saying how is this not a rigged game i get it that's problematic >> what's the problem, tim they thought it was valued at something, investors in the market thought it was something else that's the way the markets work, right? >> again, though, it's terrible price discovery. bankers want a price and the companies want a price that leaves some upside for investors. to be clear, this is three times more than the guide from last week the question really is how can they be so far off in an environment where we know people are paying almost anything for growth and that software and cloud based services

i think the real question is who gets teaccess to this ipo this is not a fair game. the allocation process makes you sense that there are plenty of opportunities for people who did not serdeserve big opportunitieo get them this is a dynamic of a company that will say i want a certain institutional investor on my cap stack, i don't want certain people retail investors typically are not the group that companies want there's a perception they're going to be in there flipping stocks faster. the reality is there are a lot of hedge funds that probably flipped this thing aggressively today. my issue is with the allocation process. it's not a fair process. maybe it's not supposed to be. ask the bankers that >> there are some companies that actually say in the allocation that they want a certain amount to go to retail trading firms

for those firms to dole out to retail investors in terms of the average first day popping 36% this year, that really shows you what this market is these days, the search for growth and what investors are willing to pay for that growth >> yeah. also, you have to factor in we're in a different environment. so the offering price is different than the opening price and all of that is based on interactions with institutions, trying to figure out supply and demand while everyone is filming from an ipad in their home so it's very different than last year it's very different, the whole ipo process. having said that, it really speaks to the reach for growth if you have the price action that we saw today, think about it, as tim said, you want to have if you're coming out as a public company, you want to put your stock in institution's

hands where they're less likely to flip out of that stock on the day of the ipo that's where the whole system might be flawed, but it's worked this way for a tremendous amount of time and there's always going to be a problem with any system anywhere coming up, a building boom the home construction sector soaring to new highs ♪ ♪ ♪ this was the theater i came to quite often. the support we've had over the last few months has been amazing. it's not just a work environment. everyone here is family. if you are ready to open your heart and your home, check us out. we thought for sure that we were done. and this town said: not today.

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welcome back to "fast money. time for our move of the day check out the itb home builder etf getting a boost today.

the move also helped by a call from a pair of builders. bk, you see potential trouble for the builders here? >> well, yeah, that's right. listen, there's nothing against the builders at all. they're obviously doing really well, taking advantage of this change here. but if you look at what's going on with lumber prices, that's the part that concerns me. lumber prices up about 170% since april this year, almost qu quadruple. that's all fine and daddy whndyn you're involved in this exodus, the movement of the people out of the city into affluent suburbs paying whatever they can so they can get that house eventually the cost of lumber going upstarts to make homes unaffordable this is exactly why i think people are wrong saying the fed

can't create inflation this is where they're creating it, right here you have contained supply in lumber that creates inflation that creates a problem for anybody trying to afford a house, not to those moving to the affluent suburbs. >> lumber is a relatively small cost when it comes to the cost of an overall home, right? assuming labor costs are down now because labor is fairly plentiful in general, but maybe the consumer won't feel this. >> i would argue they already are. in april it was 50 currentsents. it's now a dollar a foot it's not just that you go into your home depot. you want to repair your house, you want to put up some plywood.

that's going to be twice as expensive as it was before you can look at the big picture and say it's not that much, but when you break it down and look at how people buy that lumber and what they do with it, it is going to pinch again, that's why i mentioned affluent suburbs when you get outside of that and you get housing prices that are $100,000, that's going to be a problem. coming up draftkings taking the crown today. and later options traders are r isiny a golden opportunit foth mer

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welcome back to "fast money. we have some breaking news on tiktok >> president trump addressing tiktok at a briefing that is still ongoing at the white house right now. he was asked about the status of the deal and he said he's expecting to be briefed by his advisors tomorrow morning and that he has not signed off on any deal just yet. we did say for national security concerns to be addressed, that it needed to be a 100% deal and if reports are true about the structure that would allow bytedance to maintain a majority stake, then that would not be okay with him. he asked if the u.s. treasury would be getting a cut of the deal proceeds, he said that the answer is no amazingly, i found we are not allowed to do that he said the lawyers have cracked down on the ability of the u.s. government to collect that

payment and he expressed disappointment in them doing so. we knew that lawmakers on both sides of the aisle were concerned about a potential deal with oracle because a structure would remain in place where byte dance is a majority owner still and oracle would be a minority owner. >> until this thing is signed, it's going to be wide open oracle doesn't solve the security issue this was not a deal. it's basically a move from one cloud to another over here you're not investing in walmart because this deal gets done. therefore, this stock shot up to 145-ish as it seemed like they were the front runner along with

their partner microsoft. i think the walmart plus story is part of a longer term move that increases the valuation for this company whether they get tiktok or not. >> are you ready for some football draftkings trading a touch down today. >> whatever we can seem to expend the amount of content that's available on which to bet is helpful, is supportive. you know, this is a game of revenue and the stock is being valued on revenue. we have it at about 38 times our 2020 revenue estimate. at some point this will come

down to technology and execution. but for the moment this is about the ability to generate revenue. what we've seen draftkings do is market heavily their communications with us have been that they intend to get there first to capture as many customers and they can and generate as much revenue as possible the more football there is and the more relationships there are to capture that football, the better. >> in terms of the big 10 specifically, in the past how much betting can be attributed to big 10 games. >> i don't know that it's fair to put some math on what big 10 can do football in general captures something like 40% of all the wagering that has gone on over the past 12 months in new jersey just as a reference point. so the addition of football in

the big 10, which obviously draws an awful lot of eyeballs as i said earlier, this is a race for eyeballs. it's certainly helpful i think it's too early to put some math on that. >> david, thanks for phoning in. appreciate it. guy adami, what do you make of dra draftkings >> as a giants fan, it's clear that draftkings is starting from the bottom and moving their way higher it's a good development. this is one thing we've said for a while now that they could stop sports tomorrow and you still buy draftkings i'll stand by that i think disney got a stake in drings vis-a-vis the fox deal, i think. with that said, they should have been prescient enough to gobble

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welcome back to "fast money. the gold miners ticking higher after the federal reserve said it has no plans to raise rates any time soon. over in the options market traders are betting on a breakout for one name. mike khouw has the option. >> we're taking a look at freemont which happens to be presenting at a morgan stanley conference yesterday calls outpaced puts 6-1. the september 17 call, about 26,000 of those traded for over 50 cents buyers of those calls are betting that the stock is going to go above that strike price by 30 cents or so that would mean an creaincrease the share price by 3% or more by

the end of the week. >> grasso? >> i like the complex. if you look back in august, you know, warren buffett also likes the complex. barrett gold jumped 20%. gold miners is probably where you want to be gdx and etf that holds all of these miners is probably the way to play gold and the commodity because it outperforms the mtual metal by roughly 2 and 3->>ike khouw, thank you for that up next, final trade this piece is talking to me. yeah? so what do you see? i see an unbelievable opportunity. i see best-in-class platforms and education. i see award-winning service, and a trade desk full of experts, available to answer your toughest questions. and i see it with zero commissions on online trades. i like what you're seeing. it's beautiful, isn't it? yeah. td ameritrade now offers zero commissions on online trades.

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time for the final trade tim seymour? >> copper, southern copper >> steve grasso? >> pse is breaking out buy, buy, buy. >> oil 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 just trying to make you some money my job is to the just to entertain you but educate and teach you. call me or tweet me like