demand, built-up savings start to be unleashed. i agree the fed does not agree to budge whatsoever. it's whether the market tends to over anticipate the fed's incremental tightening moves, not whether it responds. >> ten-year ending at 1.45 s&p down 2/3 of 1% that's it for closing bell "fast money" starts right now. i'm melissa lee and this is "fast money. tonight's trader lineup. tonight on "fast," the record rally taking a breather. the banks kick things off at the end of the week. we'll break down the key things you need to watch. plus, a crypto crash bitcoin falling 13% today. one analyst has a way to play it he said this payment stock will thrive even if bitcoin continues to dive. we'll bring you that name. the chair woman is taking the mound to pitch her next best name we start off with new fallout

this hour to the growing social media crackdown on president trump and his supporters more big names joining the list of tech companies blocking or limiting trump's accounts after last week's capitol hill riots now facebook and airbnb just announcing new measures ahead of the inauguration airbnb saying it will ban guests associated with hate groups. facebook will stop and take off all content with the hashtag of stop the steal we saw twitter fall disproportionally to its rivals down 6.5%. angela merkel said this is a problem if these companies decide who can speak, especially a head of state. is this a problem for twitter? >> specifically twitter, yes it manifested itself in the way the stock will speak it's a problem twitter will overcome it's too valuable property i think it will get past this.

the one that i'm most concerned about and i've voiced some concern whether justified or not is facebook and if you look facebook's down 15% since its all-time high back i think on september 2nd. not a particularly strong day today. i think earnings at the end of the month are going to be fantastic. i'm not suggesting they won't be but, again, i'll say the existential risk to facebook if it comes under the auspices of esg investing i think with each passing day, that seems to be more and more likely that's the thing as a facebook shareholder, which i'm not, by the way, i would be very concerned about. >> let's get more on all of the tech companies that are deciding to do this let's get to deidre bosa who's done some reporting on this. >> reporter: you outlined a few of the latest moves. the tension is turning to essentially what tech is doing ahead of january 20th to prevent the chaos of last week that some critics say they should have had a closer eye on to begin with over the last four years facebook in a blog post says

they are treating the next two weeks as a major civic event and they will remove content containing the phrase stop the steal. airbnb melissa mentioned this, too, expanding its trust in safety defense that seven-step plan includes additional security checks and banning individuals that were identified as involved in criminal activity at the capitol on january 6th but really what started with social media has progressed over the last few days and payments and commerce companies even the cloud providers, many trump supporters have turned to parlor an alternative social media platform january 6th to january 10th the app was downloaded nearly a million times across apple's app store. that's more than 10 times the downloads it generated across the prior five days. today the app went dark. amazon's aws, its cloud unit

went a step further essentially taking the app off the internet altogether, by cutting off its cloud computing power citing the violent posts. tech cutting off the president and his supporter's money flow shopify and paypal won't sell trump merchandise. stripe cut off the president's campaign website and fundraising arms which is a lucrative source of income the last few days, melissa, represent tech's most aggressive steps yet against the president and in their efforts to purge misleading content and accounts so the next few weeks will certainly be a test to see if some of the policies that they have put in place, at least this roadmap, is effective in reining in some of that misinformation and organization that led to last wednesday back to you. >> deidre, thank you deidre bosa. i think most americans want technology to take these steps to prevent any further civil unrest at the same time this begs the question has tech really become

too powerful if it is able to incite and be the source, so to speak, of this unrest in the first place. tim seymour. that's what i was getting at in terms of the criticism, particularly that's coming from europe, about free speech and how it's problematic for free speech maybe in the u.s. it's not raising eyebrows but in europe it is. europe has been very, very out front in terms of regulating big tech >> yeah. be careful what you wish for now. on some level this censorship is something maybe a lot of people agree with but now they're almost underlying, underlining, highlighting the power that these companies have to dictate the conversation and that's something that as antitrust, antimonopoly dynamics are also coming down on these companies, it should only highlight the power that these companies have to dictate the course of the conversation or so it seems even

though we've all said that the conversation needs to be regulated in some way. so this is the evolution of social media there's been plenty of people that have said on some levels social media as we knew it will never exist in the same way again in this country. i agree with guy i think twitter is such a powerful platform for news that i think that that -- that the format works and i think it will continue to work but i'm not going to tell you that this is going to be without pain for twitter in the short term. i also think that this creates an opportunity for other platforms that may not be seen as volatile.

>> when you think about the power that exists on that platform and the few people that run that company, how it was let to get this big and as powerful is another question. between 2016 election and the 2020 election, you think of what has happened on these platforms over the last four or five years, we had foreign bad actors co-op our platform by manipulate it and this time around we had our president manipulate the

platforms to incite a riot we have no control, they have all the control. as far as giving any praise to these organizations doing what they're doing now, they're a little too little a little too late they waited until people died. as it relates to twitter, as far as i'm concerned and i said it last week on the show, they added a lot of people in q2. they didn't add barely anybody in q3. you think it's going to get better this year than last year, we know why that stock sold off. i think we're going to be in a world of hurt. they're not growing the way facebook is. they're not monetizing the users. they don't have the scale that facebook does. so you know whether you like them or not, facebook is still fine until the advertisers leave, until users leave, but twitter's in a much worse situation in my opinion. >> karen >> well, it's a really fine line that they're trying to walk, but think about this though. another constituent that twitter and amazon are doing is their

employe employees, right i read, i'm he not sure if it's true, it was coming from pressure from the employees that made amazon make the decision of shutting down parler's aws account. so i don't know how they solve that they can't just completely ignore those constituents. we'll see what kind of regulation comes, but i do think the stocks are already under pressure because of the uncertainty around regulation, right? we're seeing i don't know how many lawsuits filed by attorneys general. we know the government, both a bipartisan issue, if there are any left, how do we rein them in i think for some of them the smaller ones, if there is a lot of regulation, it's going to be hard for them to comply. i don't even know who would be able to do that beside the very big ones i think ultimately one day when there's certainty they'll trade better, but that's so far now on what the regulations will be, i'm going to try to ride it out.

for me i think twitter has more down side. i wasn't surprised to see it open down 11% or so and when it traded back up to down maybe, i don't know, 2 or 3 bucks down only i actually shorted some i think in the near term the news flow will be very bad for twitter. this is not a long-term short. you could actually, i'm wondering, could somebody, probably somebody right wing media orientsed investors decide to try to buy twitter? that's possible. it's $34 billion plus whatever premium. i don't see a blocking shareholder, i don't think if i'm wrong, tweet me tell me that jack could block a deal, but i don't know it's such a crazy time could that happen? theoretically. >> and suffer a fate like parler the interesting company here for me is amazon and amazon web services, guy, because amazon web services as a cloud service,

a hosting service, has decided that this site violates its terms of use and so it has basically cut this site off, parler, at the root and the immense power that aws has displayed almost begs for regulation it seems. >> right yeah no question about it i mean, a lot of people calling for it clearly you go back over the last six months, it's extraordinary how volatile amazon has been it's giving you opportunities on both sides of the ledger the question back to you or the rest of the guys and gals comes, what are people more apt to give up their amazon accounts, which by i way i don't think i have one or their facebook accounts if i never spend another day on facebook that will be fine by me whereby amazon has become one of those things where it's now part of everyday life it's an interesting conversation in the context of what we try to do, figure out where stocks are going. >> all right let's talk more about the

fallout from the social media crack jo crackdown on president trump joining us is rich green great to have you with us. you've got a buy rating. you continue to have a buy rating on twitter. i'll start the conversation off there. and so presumably you think that this is not a big deal for twitter, that the looming threat of regulation is not a big deal for twitter even though an eu commissioner, a german chancellor have come out and said basically that this is a problematic breach of the first amendment? you don't think that regulation is a problem >> you know, look, i'd say that we see lots of forms of regulation or threats of regulation, but let's be clear look at how divided our government is. look at what happened in the elections. the main election, even the runoff last week, our country is, you know, razor thin margin of -- in terms of how we see major issues the odds of sort of transformative legislation happening any time in the next 12 months, probably in the next

several years, is quite challenging. the only thing i know for sure is it's going to take a very, very long time to get to consensus on very complicated issues that i don't have the answer of, i just listening to you all debate, nobody -- these are very challenging questions i mean, think about the fact that, you know -- think about what we're talking about if we change the topic and instead of overtaking the capitol, if it was about distributing child pornography, there's no doubt everyone would have a consensus view. it's good that google takes it down it's good that facebook takes it down good that twitter takes it down. is it a bright line red rule that overthrowing the government, being the president willfully telling people to overthrow the government, is that a bright line rule that should be viewed the same way? that's clearly what is being done here, that there was a clear view that this is something that just cannot stand and they have to take action we can debate whether it's okay but i think you're going to see years of legislation probably go

nowhere to try to get to the right answer on this >> hey, rich, it's dan thanks for joining us. if you listened to the conversation before, we were talking about the difference in scale between facebook and twitter and one of the reasons why, you know, i just have to be pessimistic about twitter here is before all of this happened, q3 they only had a million net adds i have to think they go x growth when you consider facebook will have $100 billion in sales next year growing at 20 -- >> hold on, dan. let's just stop. >> yeah. >> remember that the only thing that's happening here is a political discussion for everyone -- you may be far right. you could be qanon, i don't care how far right you are in terms of your political views. you may be trump's biggest fans. if you want to know what happened with the golden state warriors or if you love charlie dme demelio, she speaks to her fans.

a lot of his fans are on twitter. the problem with parler, it was only right wing discussion and there's not the broader conversation that happens every day on twitter politics is a small part i mean, we're talking, you know, low teens percentage of total content on twitter twitter's about entertainment. it's about sports. you want to know what happened in the game, it is a critical source of information that goes so far beyond politics. >> rich, rich, rich, i'm on twitter, just like you are, but what i'm saying is listen for one second, what i'm saying here is in q3 they had 1 million net adds and that was about as good as it got with all the sports coming back and everything take politics out of it. take a guy that had 90 million followers and a bunch of cult followers, i'm not being political. i'm talking about the numbers here i'm talking about their advertising. so what i'm saying is it's not growing. it's growing at 15% a year at best in sales right now. that's what i'm saying

>> years have doubles over the last two years there was a pull-forward effect. look what reed hastings said for netflix. there's no doubt about that. but if you think about what really drives twitter, it's not just sports coming back. there's no doubt but think about the return of just live events so much in terms of product launches, events as life gets back to normal, it might be more second half to first half given what's unfortunately happening with the pandem pandemic i think there's no better company positioned for the return of events that's what twitter was built for in terms of ad spend in terms of the future of twitter, it probably has less to do with any form of specific content than monetizing its users better it has built a very substantial -- they had pretty incredible growth year over year through outthe first nine months of 2020. what they need to do is monetize better the flywheel that drives

facebook, it's not the big brands what everyone gets wrong about facebook, it's not the big companies, it's not the coke, p&gs, the small businesses all around that drive. facebook has 10 million advertisers because of direct response teaadvertising. twitter is building that they're slow, they're late there's no doubt about it. that's what hurt the stock their delay coming out of october. but the reality is you're going to see that refreshed and a real new initiative around what they call mac 2.0 in 2021 that's what investors should be focusing on. analysts in february, i think that's what's going to create increased momentum around the stock is getting the advertising piece. monetizing users is all people are going to care about. they have enough users, now it's about monetizing. >> we have 20 seconds left, rich bottom line for us, at the end of the day the social platform could feel no impact from what's gone on in washington, d.c.?

>> i would never say no impact there's no doubt people freaked out about the near-term impact, but i think the reality is these are core parts of our daily lives and i don't think -- you know, you may be okay leaving facebook most people are not okay leaving instagram. most people are not okay leaving whatsapp these platforms are a core part of life whether we like it or not. in some ways, these platforms are almost becoming equally important to the future of the world as the governments themselves and the regulators themselves that's a very difficult issue that's going to take years for regulators to figure out. >> rich, always great to get your thoughts. thank you. >> thanks for having me, melissa. rich greenfield. what does that say about our society if technology is becoming that powerful tim seymour, do you agree that at the end of the day there is very little impact -- there will be very little impact on the social media platforms >> well, i personally, first off, agree that regulators around the world, we've talked a

lot about what's going on in china, i don't think this is an attack on jack ma as regulators having to get ahold of, you know, major financial platforms and social media and ecommerce in china china where the state is involved in every trans ak back to these companies, rich also mentioned the ad spend. there are winners and losers where there is a more brand friendly following snap and following that chart and also following their ability to maybe stand out of the way of some of this i think is clear guy's pinterest is a less controversial place for tidesers it's not for all advertisers i do think there is a case here. guy also brings up the esg kp g component of where facebook has targets on its back. where i've been critical, cynical of facebook, i do think right now unless you take it apart and where i think the sum of the parts might be worth more

than it is right now, i think it's going to be very difficult to change the story there. coming up, banking on walmart. the big news that got this stock moving higher in the after hours. what is it first, shares of eli lilly getting a shot in the arm. what sent the stock surging when "fast mone rury"etns

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breaking news out of the white house. kayla tash xi has the details. >> reporter: chad wolf has just released a letter to colleagues at the agency saying that he will be stepping down from his post early due to recent events which he says include recent meritless court rulings regarding the validity of his authority to lead the agency it is perhaps not a surprising departure because we had expected there could be more cabinet level resignations in the wake of siege on the capitol last wednesday but it is particularly interesting timing for wolf to be one that is departing especially as there are still incitements to violence across the country, there are fbi field offices and law enforcement preparing for

potential armed protests at statehouses around the country and it is a time where the security of the home land is still continually under threat it also, melissa, comes as president trump is expected to make a trip to the u.s./mexico border tomorrow. that is normally a trip that someone like the acting secretary would have made with the president, appeared in photo ops alongside him. clearly as wolf is stepping down from the post leading the agency and creedi inin ining -- ceding agency he will not be serving until the 20th. >> kayla tausche let's check out shares of eli lilly rising 12% meg tirrell has the details. meg? >> hey, melissa. these results were a surprise. this is a drug phase 2 relatively small study looking at early symptomatic alzheimer's disease. what they found was that this drug helped slow the declines in

cognition and function by 32% versus placebo this is a drug that goes after those amaloyd plagues in the brain. this is probably years from proving out to actually work and get through the fda if it does prove out for the market anyway. you are seeing shares of biogen getting bouied they have the same action going after amyloid plagues. we'll have eli lilly ceo dave bricks on talking about this and their effects of covid along with pfizer ceo.

biggests throughout the day. >> we've been through this before, meg. specifically with alzheimer's drugs and early data, but the bottom line here is there needs to be a much bigger trial confirm this >> there does, yeah. i was talking with some experts and they were estimating four to five years before we figure out if this works. biogen has had a multi-year effort that's why with the burden of the disease, it's heartbreaking to see these not work. you have to cross your fingers it will work but it will take time to prove. >> meg tirrell, thank you. guy adami, i know you follow this company very closely. you've seen this before. we've been on this roller coaster. what would you do? if you were eli lilly with a 12% gain in one day on this one early stage drug result, 272 patients were in this particular trial, what would you do >> are you a fan of the steve

miller band by any chance? >> i've heard of him from you? >> it's a lousy song a lot of reasons to like steve miller and this is one of their worst songs. i would take the money and run here just on the back of the fact it's up 10% traded four times normal volume and coming into earnings i believe on the 29th of january not to say i don't still like eli lilly. we've been steadfast on lilly. when you have a mover with this kind of volume on something that's in phase 2 and probably won't come to fruition until three to four years now, i think the market gave you a gift, mel. >> that should be good tomorrow. we have a lot more on "fast mone money" here's what's coming up next. all eyes on earnings as we count down to the first big reports of the year. it could be a big one. we'll talk to one top strategist about why he thinks we're in for a wave of good news. and later, bitcoin could boom or bust, but there's one company that could get a boost

either way we'll tell you what it is and how it can help you play the crypto craze we've got that and a lot me wh "ston" returns.

welcome back to "fast money. stocks trading at record highs the real truth of the market may come later this week jpmorgan, citi, wells fargo on at that point with q4 results. earnings season will exceed expectations as predicted. jonathan golub, head of quantitative research at credit suis suisse. >> you think it's going to be much, much stronger and guidance is going to be great isn't that what the month of

december was all about though when the s&p 500 went up about 100 points >> i think some of that is i think that the market is anticipating another fantastic earnings season and the market is probably discounting that i don't think the market is discounting the surge of economic activity that's going to happen once everybody gets the vaccine and everybody gets these dollars in their pocket and starts spending money. so i think there's a lot more good news ahead. >> so in terms of the markets not estimating that in terms of the vaccine, are companies going to go out on that limb and say, you know what, we think the vaccine is going to come we think it's going to be distributed. we think economic activity is going to be stronger than we think and therefore we're going to raise our guidance? our guidance is going to be strong it takes that next step, right,

of company confidence to go out there if we're going to expect guidance to be good coming out of the earnings season. >> i think there's this feet dragging that's going on there's no such thing as a model, whether it's an analyst or strategist or economist that can tell you what this is going to look like, and when you don't have eye frame of reference, you play it safe and you put your numbers in a little bit lower. so even if companies tell you that they're looking for a really big second half to 2021, whatever they tell you is going to on average be too low the same thing for stock analysts and that's why earnings revisions in the last, you know, couple of months have been fantastic. analysts keep adjusting their estimates higher as they get more news, that's why earnings season is going to be higher and that's why i think the whole year is going to end up with more positive moves on earnings.

>> john, it's karen fink thanks for coming on as the economy heats up are you afraid about inflation and whether that could ultimately hamstring the fed? >> yeah, karen, i think that's going to be the big conversation we're going to have. i just don't think we're going to have it until probably the end of this calendar year. here's what's going to happen. this thing is going to open up and people are going to have more money in their pockets and this economy is going to beat economic expectations and you're going to start to see inflation not because of wages going up, which is the normal way, but you're going to see shortages. you're going to see demand for products and supply chains opening up that are not going to be able to meet the needs and inflation is going to spike up on us. the thing, the fed knows that's not kind of sustained long-term inflation that they normally focus on and they're going to let it run a little bit hot, but i'll promise you that if you have me back here next january, we're all going to be saying that the fed is behind the

curve, that they in fact left policy too stimulative the same thing with all of this money we're putting in people's hands. great news for now and in a year from now we'll debate whether it was too much or not. >> jonathan, great to see you. thank you. >> pleasure. >> jonathan golub. he has a 4200 target favorite sectors, health care, likes energy, industrials. we started off talking about the banks. karen, i go back to you as a bank shareholder what are you expecting in terms of guidance? there are high expectations given the six-month chart here. >> right, there are high expectations, but i think that the net interest margin spread, that's what everyone is excited about as the yield curve gets steeper. i think we're not going to really fully see those effects because going into the fourth quarter the 10-year was at 66 basis points, now it's at 114, 15 so we're not going to get to

see the full nim stim expansion. maybe the headline is a little bit disappointing. what they're seeing in the economy and of course credit quality. i'm optimistic on long things. >> our friend mohamed el erian had tweeted earlier today, 20 basis points of steepening in the curve in the first five trading sessions of the year, which is absolutely remarkable, guy adami. will we see that in any way, shape or form in bank guidance >> in the guidance it's interesting if they'll speak to that. my sense is they will so that's a positive as karen mentioned. think about how quickly that happened again, the move in rates has been staggering. 10-year yields have more than doubled i think over the last six months which is, i think, concerning if they continue to move at this pace, what is clearly a positive right now is quickly going to turn into a negative with that said, quickly, if you are looking for a place to figure out where these stocks are going, when jp morgan tells

you what their tangible book is, which they will when they release, you put a 1 point upon 8 multiple on that, that's where the stock is. ev marc emaker nio is only accelerating from here the chair woman is winding up fast why this stock could see sizeable gains, thanks to your new year's resolution. that name when "fast money" returns. and strengthen client confidence in you. before investing consider the fund's investment objectives, risks, charges and expenses. go to flexshares.com for a prospectus containing this information. read it carefully.

welcome back to "fast money. karen finerman says one stock could get some gain. karen has the fast pitch take it away. >> my fast pitch is ww international. you might not know it by that name which is weight watchers. so there's a lot of reasons i like it, but first let's go to valuation which is where i always start the pe multiple here is 14ish on this year's. it's actually closer to 11 for next year's earnings which for a brand as valuable as this is way too cheap. i know they have debt, they've been paying it down. they've done a great job with their balance sheet. second, this is the most important part, the acceleration of their switch to digital

that started when covid started so they've had to make that shift really, really quickly they've done a very good job doing it even though they are losing subscribers who are in the studio subscription model, they gained a lot of subscribers who are digital only the thing about a digital subscriber, it is so much more valuable than a studio subscriber even though they lost subscribers in studio, they gained some in digital, they were able to increase their gross margin, increase their operating margin that is really significant that's a very important part of the story. the last thing the total addressable market, the tam. that is the acronym for our arrow. the tam expanded literally people in america all over are gaining weight i can tell you i can eat a lot more calories in 45 minutes just snacking while i'm bored than i can burn off on my peloton doing

a jan sherman class. i don't mean to be glib. i know there are a lot of people in america who don't have enough food my family foundation has made a donation to try to help that back to weight watchers, they've also expanded their business it's not just about weight loss, it's also about fitness, it's about wellness, it's about sleep and they added a great new brand a.m. bass so door james cordin who is important and of course they still have oprah. you put all of those things together and i think this stock is way too cheap here. i've been buying it since '21 began, only this year. >> they've got oprah until 2025 because they re-signed the relationship with oprah. tim, you got a question? >> yeah, i'll buy anything james cordin is selling. what's more important, digital or secular to this story >> digital digital is going to drive this story. >> all right no more questions. time to vote

are you buying karen's pitch on weight watchers? guy adami, we'll start with you. >> could you read my smart board for me because i wrote this prior to that. >> oprah, exclamation point. >> oprah she's the greatest activist investor of all time when she said she was involved remember where that stock went another foray into the world of oprah and that stock doubles from here. good for karen. >> up 450% since oprah's initial investment in 2015 remarkable dan nathan, what do you say? >> yeah, i'm a buyer i thought that was a great power pitch. she covered so many different areas and karen is a great value investor too, not just oprah as the activist. >> tim >> clean sweep that's a big person with a big addressable market that's the story here. i think that's what makes weight watchers exciting, lifestyle, wellness that's the story >> traders have voted.

are you buying karen's fast pitch on ww? head to our twitter poll on @cnbcfastmoney. bitcoin having a bad day but our next guest has a way to play the weakness why this is the real winner. we'll bring you the trade when "fast money" returns yeah...uh... doug? sorry about that. umm... what...its...um... you alright? [sigh] [ding] never settle with power e*trade. it has powerful, easy-to-use tools to help you find opportunities, 24/7 support when you need answers plus some of the lowest options and futures contract prices around. don't get mad. get e*trade and start trading today.

welcome back to "fast mon " money. kate has the details hey, kate. >> hey, melissa. walmart has a new stand alone fintech company. they are joining with ribbit for modern and affordable financial solutions. this is a separate company majority owned by walmart with financial products for employees and customers. walmart's cfo and u.s.ceo will sit on that company's board. walmart will bring on more independent industry experts they may acquire or partner with some other fintechs. no word when that will launch and what it's going to look like whether it's more banking or payments walmart's partner here, ribbit capital is one of the best known vcs. its current portfolio includes robinhood and credit karma back to you. >> thank you very much, kate

rooney. dan nathan, we looked at walmart in very different ways since there was that report that it was interested in buying in part ticktock and now look at it it's in fintech. >> yeah. well, fintech makes a lot more sense than ticktock. when you think of the customer base and how they may not be adequately served by existing financial institutions with walmart's reach it gives them a great opportunity partnering with a fintech like ribbit. let's move on. bitcoin plunging 7%. our next guest says the cryptocurrency flies or dives square will still thrive let's bring in the analyst at mizuho dan, great to be with us >> thank you,melissa always a pleasure to be here. >> how does that work? if bitcoin reaches $100 billion gross profit could be up 9

times. this is a gross profit for the catch app. if it's 10,000, it still doubles. how does that math work? >> all the way back to 2017 and what we found out is that the revenue from bitcoin for square continues to go up even in periods where bitcoin doesn't go up right now we've had an active rally since december and even november that's easy to think about bitcoin going to 100,000 historically in periods where it was going down the gross profit is going up. the reason for that is twofold one, there's more users actually using or trading bitcoin on the cash app and, two, the number of transactions per user is going up so what we've said in the note is that even if bitcoin goes up to 100,000 or stays at, you know, 30,000 or 10,000, square will still benefit. >> do the dynamics change if the people who are on the catch app

trading, quote, unquote trading bitcoin don't trade as much and they hold as bitcoin goes higher or lower for that matter >> yeah, obviously so we had to do with the engagement that's going up because of the bitcoin volatility as bitcoin stays very volatile, i think it boosts engagement if bitcoin stays at a certain price and does not move, that wouldn't be as good for the engagement on the app, not just square but pretty much everyone else that's offering bitcoin trade. >> right you've done work on paypal and the relationship to bitcoin. do you see the same sorts of trends or is paypal more vulnerable to the volatility of bitcoin? >> no, absolutely. we're seeing the exact same trends on paypal the only difference is paypal and square and paypal's offerings started in november. what we saw in november is nearly 20% of the user base started trading two weeks out of the gate i would imagine this number is much bigger now. i would expect the exact same trends to work for paypal with

the one difference is that square's offering is much more broad based which means that the engagement on the catch app, rigapp,, the engagement on the cash app is more meaningful to stock trading, p to p which is on the pay pal app where venmo is still yet more limited right now, but they're working on it and you should expect more and more products to come there. >> dan, thank you. >> you're welcome. >> guy adami, simple question, paypal or square >> yeah, i think honestly paypal, i think. i probably would have given you a different answer two weeks ago, but square traded up to 246 i think on december 22nd, did it again on january 8th short term double top. at these levels paypal over square, mel. >> same to you, tim. >> it would probably be square, and i hate the price i hate the valuation, but it's a

would you rather, i'll have to give you an answer i think the cash app, stickiness, cross selling. square clearly has not only an ecosystem but a very loyal following and their ability to monetize this group is proven. it seems to be overly hinged to bitcoin. coming up, nio shares are charging higher. a more electric rally. what is the skinny on karen's pitch. head to her twitter poll vote and let us know your take on ww. your results when "fast money" comes back in the s&p 500, even if their shares cost more. at $5 a slice, you could own ten companies for $50 instead of paying thousands. all commission free online. schwab stock slices: an easy way to start investing or to give the gift of stock ownership. schwab. own your tomorrow.

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big interview on deck tomorrow gm ceo mary berra at 11:30 a.m. here on cnbc autos. nio, plans for a new sedan you can read back it on cnbc.com/pro let's bring in bono, what did you see? >> thanks, mel the ev momentum continues for sure taking a look at nio, you can see the calls outpace puts 3 to 1. 11% move in either direction

between now and friday the trade that really jumped out to me, about 85,000 of the jan 15th weekly 65 weekly calls traded about $3.10 breaking even at 69.10 i like selling an up side call but bullish momentum nonetheless in nio. >> nio is one of those stocks that ras really benefitted from this whole retail trading wave, guy. this enthusiasm surrounding evs. why are you laughing i mean -- >> no. no. >> what's so funny >>. >> i love the ice breaker. a lot of things are funny. there are many things that are funny. it's funny when alabama wins by 28 tonight a lot of things are funny. what else is funny is k fine in '09 pitched the weight watchers or whatever they call themselves and the stock is up 10% in the after hours. this is not a small company. she's got the might ddas touch.

no comment on nio. >> bono, always good to see you. for more "options action", be sure to tune in 5:30 p.m coming up, time is running out head on over to our twitter poll lots of people are buying into this literally e sus right after this quick break. ♪ ♪ ♪ ♪ ♪

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are you all buying karen's pitch on ww international? apparently, yes, by a slim margin 50.1% in the after hours it's up 11%. wow. so maybe that's the true arbiter of the pitch, karen, up 10%. time for the final trade. >> that's how divided we are. >> let's go around the horn. guy adami. >> halliburton in earnings on the 19th >> caught you off guard, didn't i. tim seymour. >> you did. >> yeah, i'd say the move in energy stocks yoefr all has been

girthy >> karen finerman? >> yeah, i have to go with my fast pitch i like weight watchers, ww. >> dan nathan? >> yeah, i like karen's pitch, too. twitter. if you see it over 50 in the next few days, that will be a seller. >> thank you for watching here t 5:00 meantime, "mad money" with jim cramer starts right now. my anything 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 lot of people want to make friends. i'm just trying to make you money. my job is not entertain, coach you. call me at 1-800-743-cnbc or tweet me @jimcramer we have a donny mercer mar