first three executive orders will be signed at around 5:15 p.m. mask mandate, paris climbed accord and racial equity "fast money" is next and for more coverage on this historic inauguration day there will be an extended version of the news with shepard smith after that there will be the inaugural special at 8:30 p.m. don't want to miss any of that we're out of time on "closing bell." "fast money" starts right now. >> this is "fast money." tonight's trader lineup. on fast, the biden bounce. stocks sore to record highs as joe biden takes office we are breaking out our presidential portfolio each trader has a new name they're betting on plus we're drilling down on the

energy trade our guest will tell us and we'll tell you about the single piece of video. we start off with an historic day in washington. >> i joseph biden jr. do solemnly swear. >> that i will faithfully execute. >> that i will faithfully execute. >> the office of the president of the us. >> the office of the president of the united states. >> joe biden sworn in at the 46 vt president of united states of america. what is on the agenda and what do investors need to watch >> after a solemn and serious morning, a celebratory if trunk indicated trip to the white house. he's set now for the business of governing. freezing regulations that have not taken effect and readying his pen to sign executive orders

rolling back trump era policies. we're told there will be 15 in total. expect to see three of those signed this hour a requirement of facemasks and social distancing on federal property others signed later will reextend drilling on federal land, stopping construction on the border wall and reversing the travel ban for muslim majority countries as for legislation, it stands as the dpraegs's priorities on that issue. the first 1.9 trillion dollars so call rescue plan followed by a recovery plan the white house plans to unveil in february, those will be top billing on capitol hill the energy moves, they've stirred critics in congress. several senators saying those will kill johns. in response gina mccarthy said

biden has a strong commitment to the labor community and will make good on it in the next week as for whether some of those actions will erode political capital, which is usually at its highest at the beginning of a presidency, chris coons told me earlier today that he believes biden can grow good will on both sides of the aisle by first getting the pan pandemic in check. >> first we want to get to shares of united which are falling in the after hours session on the release of its earnings report. >> let's talkant the numbers for the fourth quarter we knew it would be ugly, as it is, for all the airlines a loss of $7 a share for unite the estimate was for $6.60 a little bit of pricing on jet fuel as well as covid-19

factoring into that larger loss per share. when you look at the daily cash burn coming in, a total daily cash burn $33 million a day. core cash burn when you strip out things, coming in at $20 million a day. the guidance, not good for the first quarter. you're going to see revenue down 0 to 70 kprz capacity down more than 50%. there are three key points that's going to get a lot of attention. first of all, the company is giving no specific date in 2021 when it expects to be cash flow break ian. they believe it will happen sometime midyear but all of this depends on vaccination roll out. if vaccination comes quicker, you can see it come sooner than midyear. there's no specific date attached to this they say advanced bookings, what they are seeing in terms of

booking beyond this summeris improving. there's a sign that there's a lot of patent department-up demand and people want to start trips for later this year. they're setting a target of getting back to 2019 ebida margins. so the margin they had in 2019, a target of getting there by 2023 that's the guidance from united. do not miss our interview at 8:00 a.m. eastern time we'll talk with scott kirby ceo of united airlines. about this outlook for the rest of the year and their belief that they think there's going to be some penalty-up demand and it will come back quickly later this year. >> until then, it could be a long slog. it looks like they still are going through $33 million a day -- >> yeah. >> in cash burn. >> yes >> how much are they

generating -- losing a day >> $24.8 billion, compared to 13 billion which it was in the first quarter of 2019. they've got money on hand in terms terms of -- you don't want to be burning through $33 million a day. they knew that that was their guidance for the first quarter. that part of the numbers is not a surprise it's not as if someone is looking this and going whoa, way higher than i expected they said it would be around that i don't think that's the reason for the initial tick lower phil lebeau, thank you he'll keep us posted on the conference call which kicks off later this hour. shares are down. bouncing off the after hours session so far what do you make of this quarter, tim >> i don't think we expected anything else. the only difference here is that

della's out in front they mentioned spring break, even i think third quarter is probably realistic i think the way the market is treating the airlines is less on fundamentals this is still a recovery trade i think it's less about free cash flow and cash on the balance sheet where it should be and where i think we will be by the fourth quarter these trades, i think, are trades that continue to have some room. remember, when i pointed out, wolf, these -- some of the big airlines, the big four are trading essentially net of all equity issuance at about 101, 102% of where the profile was. i think there's more to do on this trade follow the 50-day for united i think it will hold here. >> if you break it down that way it may not look like a place of

value. but at the same time they're extremely leveraged to any sign of a bounce back this is a group that could really see a snap-back >> i think all the airlines are a buy. if you look at all the charts going to your point exactly, going back to november, they've all been building a base, and if you're worried about cash burn, like we see on the headlines today with united, melissa, you've got to go with the best balance sheets that went into this delta, southwest those are the names you want to buy. those are the names you want too invest in. as a whole, advance bookings when people start to see the vaccine roll out, their -- you can't wait until the vaccine is out and your whole family has gotten it and it's june or it's september to book a date they're going to be taken. there's going to be nothing available.

you have to advance book as long as most of these airlines are doing the full refund or they're giving you credit, there's limbed risk. that's where you're going to see the names start to sky rock. >> united shares were down now we'll keep you posted on any developments in the meantime, back to today's massive rally on wall street guy, is this optimism surrounding the new biden administration or is this simply the snap-back of megatech technology we saw it helped by the monitor move in shares of netflix. >> it's amazing. it's a continuation of a theme obviously it's been derailed here and there steve can speak to the -- if the transfer from growth to value is going to continue or if it's sortof a hi cup today. we'll see. i think it's a continuation of what we've seen. when president trump took office

four years ago, he said the stock market would be his report card through that metric or through that lens, when he gave up office at basically noon today, stock market is trading at an all-time high. in that respect it's a huge success. the chasm between the markets has never been wider what continues to work karp can speak to this we've talked an this stock number of times over the last year google alphabet traded i think within a whisper of $1900 when which probably is justified. they came off an earnings release. i would submit that with probably 20% eps growth, it's still cheap here there are things that worked in the past administration. i think those same themes will work under the biden administration. >> one day does not break or make a trend but at the same time today was a day for megacap

technology so what did you make of that move given the day's historic significance >> well, i think it was a two-day trend but i get your point. it doesn't make a trend yesterday and today. last week when facebook was trading down, i really thought, all right, interesting value, but i'm afraid of some sort of, you know, surprise, some curveball from the trump administration in the final days that would really be negative for alphabet, facebook, and others that went into a bit of a relief rally. i don't know whether it was yesterday or today as guy said, if you look at it purely on an earnings basis and back out the cash -- obviously we know they have an enormous stockpile of cash. you back that out it's not trading at a crazy multiple at

all, especially given the growth there. it is my biggest position. i'm staying with it. it's fun that it moved up that much i don't know exactly why i'm optimistic with earnings at the end of the month i think the 29th is alphabet earnings does it run up too much in front of it like the banks did >> i wane to correct myself. united conference call is tomorrow morning, so thank you to phillip for poiping that out. tomorrow morning is united's call steve grasso, can we still have growth and value continue higher at the same time >> yeah. i think what happens is you mentioned netflix and then there's tesla, all these different moves. if you ask the average person what netflix is, they'll know. if you ask them a name i've been in that's up dramatically,

trensao, no one knows the stock. human nature is you go back to what you know. it's only a handful of names top tech names people complain and say no, it's more than six names. great. it's 30 names, but everyone knows those games. we are in the early innings of growth to value. growth has outperformed value for about 15 years with maybe a blip here or there when you start to see rates increase, it doesn't matter what stock you know, there will be a rerating and it will wind up hurting the tech plays and helping the value plays, so yes, i believe they can move higher >> unless you think rates are capped i don't know where you stand on that where do you stand on the trends in the mark? >> around rates, i think people got worked up that the rates were going to move too quickly i think 140 on the ten-year or

pre-covid level. it's fine for the equity mark. i think the dollar getting a little bit of a bounce but that the trend stays intact even for those people who say this is too crowded of a trade for all of people who wab to call tech dead, these monstrous moves. it's not just taiwan semi. shows a lot of growth. i think the bank trade was easy to beat up on for -- karen pointed out some reasons i think the sexiness of the ipo market in the quarter, i just think we've been talking about fang being dead and being megacap tech being dead since the first time we saw a real rotation in may. we've seen so many of these. the good news for the market is that the breadth continues

come on. those guys already emphasize why these valuations at least in google, facebook, and people can make arguments on amazon and microsoft for sure i think we continue-to-the same market >> our next guest dpps biden administration to give stocks an even bigger bounce let's bring in the head of it. lori, great to see you >> thanks for having me. >> isn't this bounce, isn't this rise to new records for the major indices? isn't this already pricing in more stimulus to come? what else is there >> well, look, i do think that we've priced in a lot of good news at this point to me, this is echoing what we saw in 2018 when people got excited about tax cuts and we saw markets kind of get overvalued, get crowded at the beginning of the year and we had

a selloff in january to be honest, this is absolutely normal for what we see in recovery trades. the question is what do you do if the market pulls back five, ten, 15% in here we think the path to economic recovery may be a bumpy one. i'm sensing a decent amount of concern about the virus backdrop in my conversations today. but ultimately we think we're climbing out of the hole we're using that weakness as a buying opportunities we have hope that the biden administration will get this virus under control. >> you're very bullish on the year, lori at the same time, in terms of markets anticipating things, at what point do you think the market answer higher taxes, and does that, you know, does it cause the market to stutter, you know, at the thought of that >> look, that's one of the big

risks, i think, in the back half of the year is what happens with corporate tax policy we did a survey of our analysts and asked them from their own out look what do they think about policy across all sectors, corporate taxes was the big issue. i don't think markets are going to price that in yet i think we need to see the details if we do get something my assumption is it won't be going back to where we were before maybe we won't quite get the worst case scenario. i think it could lead to some gyrations. the one thing you need to mow, though, is it affects most secretariesors second thing you need to mow is -- it's a piece of a cake mix. it's not the whole thing there's a lot of things coming from the biden administration. on balance i think the biden

administration is going to be still la active and that won't derail it. >> tim mentioned ed 1.4%. my sense is it's probably right around this but i'm interested in your thoughts >> we get asked that question a lot. in some of our modelling when we look at the relationship between the dividend yield an the ten-year yield, what we find is you have to get 3% or higher there and get worried if you're modelling. i think to be honest it's not about a level of rates i think it's about the speed at which the rates move up. i think the markets can ham a gentle up crease when it starts to spike suddenly and behaviors have to be adjusted, that's when there's a problem for the market >> we've got some breaking news. we want to go straight to the white house where president biden is signing his first

executive order. let's listen in. >> i thought that the state of the nation today, there's no time to waste, get to work immediately. we're going to be signing a number of executive orders over the next several days, the week. i'm going to start today the compounding crisis of covid, covid-19, along with the economic crisis following that, climate crisis, equity issues. some of the executive actions they're going to help change the course of the covid crisis it's going to combat climate change in a way that we haven't so far we're going to rebuild our economy as well. these are just all starting points, and we're going to in the process of rebuilding the economy do what i said throughout the campaign, and while running that rebuild the

backbone of the country. there's going to be a hot of focus on that. i think some of the things we're going to be doing are bold and vital and there's no time to start like today so what i'm going to be doing, i'm proudly today's executive actions, i'm going to start by keeping the promises i made to the american people. long way to go these are executive actions. they are important but we need legislation. the first order i'm going to be signing here is -- relates to covid and it's requiring, as i said all along, where i have authority, mandating masks be warned, social distance be kept. this is the first one i'm signing. and step one i'm signing here is

the support for underserved communities and already we have -- we're going to make sure we have some better equity, quality as relates to how we treat people and health care and other things we'll give you a package of these. the third thing i'm going to sign -- something to do whale you're all here -- is the commitment i made that we're going to rejoin the paris climate accord as of today [ inaudible ]. >> mr. president -- mr. president -- >> you guys, please -- >> the president wrote a very generous letter. i have it. because it was private i won't talk about it until i talk to him. but it was generous. >> mr. president, rejoining the

paris agreement -- >> mr. president -- >> come on, let's go let's go, guysle press, let's go, let's go. you guys, let's go >> president joe biden siepg his first executive orders first order of business, a mask mandate. >> notably, the president -- i almost called him the president-elect again i'm so used to doing that but president biden wearing a mask himself even though he's received both doses of the covid vaccine. talking about how hard it is to get the pandemic under control that is the first out of the 15 you saw stacked on the side of his desk, almost like restaurant menus, one after the other that he's going to be signing but he wanted to sign the first ones first. leadership on the world stage. on that note, almost con currently with that video coming

in, we received a statement from former treasury secretary hank paulsen. of course he was a treasury second in a republican administration he's praised the decision to rejoin the agreement, saying that climate change is the most certain threat to our plap, our people, and our lively hoods and he said he commends the administration for making climate change a priority for his administration certainly, not all of the responses from the other side of the aisle on the climate issues have been negative one, for example from paul sten, very positive. then when reporters tried to ask him about plump's letter that he left behind. we still don't mow the contents of that letter reporters asked about what it says what president trump left as a mem for siz successor and president biden said he wanted to discuss it with president trump first before sharing the contents more widely

melissa. >> kayla, thank you. a couple of messages coming out of the oval office tonight from president biden in what he chooses to sign first as president. first of all, that putting the pandemic behind the country is first order of business. second, the environment is going to take center stage so that's a green light i imagine for a lot of the environmental investing we've seen, the favoritism to the so-called green trades like solar. >> no doubt. think about how those stocks have been incredible over the last few months. i will look tomorrow, the next couple of weeks to see how the energy rade, which has also been fantastic over the last couple of months, how that's going to do. if the energy trade hangs in there over the next few days, i think that tells you all you need to know we've talked exxon level off of the 31 low that to me is what will be interesting over the next week

or so. >> we'll talk to paul later on about the entire energy trade whether it be big o'reilly some of the alternatives. what do you think the market takes away from what president biden chose to tackle first as president? >> let's be clear. think about some of the statements out of europe in the last couple of days, whether it's angela merkel or pointing to the virus as being the number one thing and bolting down even more i'm not sure that that's the plan here, but the message is we need to get control of the virus so that the economy can return to normal, and i think that there's some sense that ultimately, the -- i certainly hope that the policy approach to this is going to be a little different than what we've seen and that we have a case where the economy is ultimately the beneficiary, so we've had multiple moments in the market in the last nine months where

we've had to assess the value of the markets. markets have had to move forward with different news, variants of the virus. it's a market friendly message when you goright after the virus and containment to me, which is what he said there. >> containment and deployment of vaccine. we know amazon has reached out to president biden to get vaccines to citizens i would think this is a huge nod to the reopening trade >> yeah. and that's the key, is that masks, you know, that's one agenda for the executive order but the country needs a real rollout for vaccines and that's the key that's going to put this virus stop dead in its tracks. that's what we're waiting on we need the death toll and the cases to drop. i do think you're starting to see some cresting there or at

least when you dig through the numbers, maybe a little flattening there if you start to see you think president biden's agenda is for a million doses by june, i think that was the number and dr. fauci says that was reasonable i think that's what people will eye -- a hundred million doses, sorry -- by june that will tip the scales and get people's confidence back >> if he is able to enlist the support of logistics experts like an amazon which can get a box of paper clips and a pot of yogurt to me in a single day or less you can put your trader cap on and you can put your investor cap on i know you've talked about delta's valuation being too expensive. in light of president biden going after the pandemic so

aggressively as his first order or business, do you think it's trade. >> did you say delta's valuation? >> yes >> no, i don't think it's a trade. it's already traded up so much i care about the balance sheet which obviously is stretched also remember they issued so many more new shares so even though the stock price, right, has a way to get back to where it was, the market value doesn't have as far to go. so i'm -- i'm very optimistic on the reopen trade i agree with everything everyone else is saying this one is where we has to focus first. he can't do stimulus by executive order. >> we've got continuing coverage of the inauguration of joseph r. biden jr tonight 7:00 p.m. a special edition of shepard smith, followed by a special "celebrating america" airing right here on cnbc

analysts go all in on a game we'll tell you who they're saying could be a royal flush. later more reaction to the energy biden could be a boost for big 'ltegy wel ll you how to trade it when "fast money" returns. ♪ ♪ why do you build me up, build me up... ♪ ♪ buttercup... ♪ ♪ baby just to let me down! ♪ ♪ let me down! ♪ ♪ and mess me around... ♪ ♪ and worst of all, worst of all ♪ if you ride, you get it. geico motorcycle. fifteen minutes could save you fifteen percent or more.

after me i joseph robinette biden jr. -- >> joe biden officially sworn in at the 46th president of the united states today. that got us thinking new president, new portfolio traders have come up with two to three names they're betsing on under biden. to steve grasso, kick us off >> right let's rip it down. you've heard me say these names before wrk, and oln this hinges on the growth to value rotation it hinges on the trade war becoming less intense and it also hinges on fundamentals. all these companies have accelerating fundamentals. this is about higher rates they don't have to scream higher, but rates on a

percentage basis have jumped about 114% since a couple of months ago that's enough to keep this trade going, in my mind. melissa. >> if it were president trump still in office, would those names have changed >> yes, they would -- >> along the trump presidency. >> yes i was -- those names going into the election because the lower trump went in the polls and the higher biden went, the higher there was the odds on a rotation trade. president trump sat on rates for a whole four years they didn't go anywhere. they pushed people out into the risk curve, i should say lower rates, you push them into technology stocks and now with president biden, you have the potential for rates to move higher and that's what happened going into the election because it was all but done that biden was going to win that's when you saw value

actually start to trick up trinseo is up. olin is up wrk is up. >> karp, what's your biden portfolio? >> it's a biden acronym, but, b-u-t. we vice president seen that margin as positive as i think it will become. the economy improving. that's good for banks. if they can up crease the amount of lopes they make, that's a good spread for them as well that's the b, banks. u, united rental the house and senate both being that a infrastructure bill has a higher chance than it has had in a while. and then the last one is really

a reopen trade tjx of all the retailers. it really doesn't lend itself to an on line business the way some of them have been able to shift. so when the trade happens, i think the shift back to in store cjx will be high so that's my "but" trade >> i like how she chose to go "but" instead of "tub. what do you make of this basket? >> yeah. you're leading me down the primrose path. i'm not even going to anywhere near that. i think karen's clearly on to something. t.j. maxx seems to work in almost every environment i think an acronym or whatever you want to call it, notwithstanding i think karen is on to. with her -- i thought i better not say that, so i'm just going to avoid it.

>> with her bask of stocks >> exactly hef basket of stocks >> he's always tough to follow but i'm going to try the three sectors are cannabis, on line sports betting and emerging market. i think these benefit from the biden presidency going into this actual itself today. cannabis, the georgia runoffs, a 20, 25% move my pick there is g.w. pharma they just gave an announcement on prereleased numbers incredibly strong. on line sports betting the policy armed the country and the result of covid dynamics mean that online sports betting is off and running it's not going to plug all the holes but they're going to try the play there is draft kings. we've talked about it.

the valuation is difficult the leader and presumption they'll get x am of that profit share. emerging markets, we are the world by the way, almost 35 years a day was recorded the emerging market story broke out after 2007 highs, it had been a wall of resistance for a long time. lower interest rates, lower dollar, maybe a little bit more cooperation but that's not really the trade here. the trade is that emerging markets are cheap to themselves and this trade is finally breaking out after a decade and i think you stay there. >> 35-year anniversary of "we are the world. that's the kind of information you get here on cnbc >> that's what we do >> what's your basket of stocks? >> before i get to that i'll say it is as flawless as it was 35

years ago. i'll spare you sipping any of it i think it was 52 where they priced the 32 million share secondary. that stock has traded very well. my basket are two names -- to answer the question, they worked under the trump administration i think they'll work faster now. the first is the iov, biotech nick similarly continues to grow higher i think you're going to see maybe a further push into the biotech space. the other name is something we've talked about since the spring $132 or so that's caterpillar they also raised their price target from 175 to 205 i think that's going to wind up being light in terms of price target they report at the end of the month i think we're going to see big numbers on january 29th. cabin earnings at the end of the

month and stay with ibb, which has been a monster all last year into this year >> coming up, what the executive orders mean. later we're gearing you were for intel's stock surging. we'll have your tusep when "fast money" comes right back. i want t new smartphone deal. well i'm an existing customer and i'd like your best new smartphone deal. oh do ya? actually it's for both new and existing customers. i feel silly. but i do want the fastest 5g network. oh i want the fastest 5g network. are we actually doing this again? it's not complicated. only at&t gives everyone the same great deal. like the samsung galaxy s21 5g for free when you trade in.

keeping your oysters business growing has you swamped. you need to hire. i need indeed indeed you do. the moment you sponsor a job on indeed you get a shortlist of quality candidates from a resume data base claim your seventy-five-dollar credit when you post your first job at indeed.com/promo (upbeat music) - we did it! (crowd cheering) - [narrator] wherever you start, snhu is where you can finish. (crowd clapping) (crowd cheering) - here we go.

- [narrator] and it's it. - [group] yay! - [narrator] you did it, high five! - southern new hampshire university. - [man] that gets a hug. (laughing) - look at that! master's degree, i did it! - i did this for my children. i am very proud of myself. - [narrator] finish your degree at snhu.edu. welcome back to "fast money. president joe biden already implementling new orders signing executive orders to rejoin the police climate accord what does this mean for the energy sector. leads bring in paul sanke.

great to have you with us. >> we talked about how a biden administration could be bullish for big oil. could we have a scenario where big oil benefits but also alternative benefits >> that's certainly the way the market's maying it right now right now we've seen very good performance here today not many days but the strongest sector in the market you've seen huge performance from the solar names ev, electric vehicles. at the moment everything's working in the same direction. i tend to think the laughs are basically in a bubble. i don't think they'll be valued this way in five years time. that's really the case for oil prices >> is it a bubble? >> you make the points in the furs that i read there is so much money in this alternative

energy trade and not enough places to put that money, so that's why we've seen huge runs in a tesla, for instance if its mandate is to be invested in alternative energy, is this a trade that can keep working? >> yeah. think about the incident bubble. the market was brilliant in identifying and you could have bought amazon at the top of the internet bubble and made a lot of money same applies to apple or microsoft. you had your pets.com, one of the ones that people remember, that were absolutely worthless that's because google and facebook and netflix didn't exist at the time. i think there will be some remaining once there will be a generation of companies that really come in behind and what we're really doing is prefinancing this shift. the next ten years, reality will

kick in. that reality is something we use. a hundred billion gallons of oil. >> hey, it's tim thanks for joining us. why does it take the street or energy analysts to have a 40% move in the slf outperforming the s&p to finally upgrade energy and saying this is not just a big trade, some housed are calling it an investment what is the investment thesis? >> i remember one of my boss asking me, how can you always be so wrong on oil? i'm just less wrong. the public transport and i said to him, it's when covering transport and the iranians move up in the middle of the might and move the train tracks. this was completely of surprise. the saudis unilaterally, which

they haven't done in many years, saying they would cut the oil production in this semicovid resurgence the saudis stepped in and added dollars to the barrel of oil we just get those external factors. people don't like that volatility, but the reality is i think people do see a genuine tightening occurring in the rocket a genuine new capital discipline and really just needed that confirmation that we've got of prices going up. the problem is the back end hasn't really gone up at all it will be interesting to see if we get genuine follow-through in the early part of the year, which has been so positive >> this is steve quick question so the keystone pipeline seems more like a symbolic gesture on

president biden's behalf canada's supply is not increasing they're building other pipelines. basically the wall street journal said they're building a $1 $1.7 billion pipeline. should we be afraid of the rhetoric or just invest right through it >> we're not sure. we think that biden is going to be pretty rational he comes from a refining state, with delaware. why we think there will be a lot of restaurants like rejoining the paris accord, it doesn't make any difference. you know the keystone excel pipeline baby needed ney it was a totally a symbolic act. that might be a way for them to

actually let that keep going we'll see. i think that biden's going to be pretty reasonable in terms of keeping the u.s. economy going and not going too far down the line of turning back everything which dapple being an operating pipeline, the access pipeline i'm talking about, of course, that is currently operating. to turn back existing pipelines would be a significant negative. i think that economically there's an awareness in the biden administration that the economy is a big issue here. if you start hurting the u.s. oil an gas industry too much, it's not going to serve you well at all i'm hopeful this is going to be a rational balance that's one of the reasons we like it, actually. we think the fear of things is overblown. what we've seen in covid is demand is structurally very strong that's what covid has proven to

us >> paul, during a past appearance you made a what some might call a controversial trade, a call for a trade, which was long exxon, short apple. on a relative basis that trade had worked exxon is up 17% and apple is up only 5%. would you stick with this trade or is there another pair of trades that you would like put in place or call for at this point, especially given the comparison of pets.com and to some of the solar names and alternative names right now? >> no. i retired. i'm kidding. i thought someone else would bring it up. i tag the o.g., the apple of oil because of its technology. i was thinking how can i get another one like that. let's do it. >> all right it's documented. >> by the way, the other trade

was a five-year trade. we'll do it on a one-year. >> all right one-year deal. thank you. good to see you. paul sanke of sanke research feel like that trade >> hi. >> hi. >> if you go back, we talked about paul said it's probably not right here where you're buying exxon then we had a whole conversation about where et would potentially trade down to. think about i. exxon is up almost 60% since the november low, which is staggering paul's being humble here he actually sort of -- he gave a little bit of mitigation i think exxon trades up to 53. you had three analysts, j.p. morgan, barclays and somebody else late to the dance i think it continues to rally on november 2nd

good for paul sanke. i could listen to him read the phone book, by the way >> something about that accent what you should expect and how to trade

>> welcome back to "fast money." jack ma resurfaces after months of laying low. it appears briefly in a video and all of a sudden, they're out of the doghouse. how do you feel about backa now? >> i've been long, i didn't add when it traded down. i think somewhere in the low 200-something. guy would know the actual low. it's sort of ridiculous that that less than one minute video was worth that much. i tweeted his billie jean video back in 2017, which who knows how much that would be worth some of the rhetoric around china has calmed down with the biden administration taking office not that i think they're going to go easy on china. but i think that's part of it. the chance of being delisted which seems to be not the case i'm long, i'm staying long right

here >> intel shares ticked higher today. up more than 10% let's bring in bonwin isom >> taking a look it's almost 2-1. they're implying a 6% move in either direction between now and friday compared to about a 9% average move over the last four quarters the trade that really jumped out to me despite the call volume, about 3,000 of the jan weekly for 53 cents putting your break even at 55.47. traders are betting that there might be a pullback into and coming out of earnings >> all right guy, there aren't too many mystery when it comes to the quarter since intel prereleased

at the time it announced swan was stepping down. what are you looking for out of the quarter? >> well, first of all, kudos to dan nate app who's been on top of this for a while. the interest in this stock has given it some giddyup. i think the quarter's going to be a disaster. whether or not the stock agrees with that remains to be seen if the ice breaker is still here, i'm not familiar with the tick tock. i'm probably not the right demographic. but for those of you who are not following on twitter, you should do it. he did one of those tick tocks with this or that, which is just amazing. it's worth the price of admission, i got to tell you. >> and it's free on twitter. it was very good we might have to look into maying this or that instead of "would you rather. tim, what are you looking for? >> yeah. look, let me take another shot at this.

sorry. i think data center's very important. that was the strength that was the weakness last quarter. we're going to be watching that. a little more insight into outsourcing. that which has been taiwan semi's explosion game, by the way. for a stock that's so beleaguered it's been well performing you have to be careful and the earnings have to have this big rebound. i am long term in the future it's going to be ok. >> thank you up next, falrain tde i'm searching for info on options trading, and look, it feels like i'm just wasting time. that's why td ameritrade designed a first-of-its-kind, personalized education center. oh. their award-winning content is tailored to fit your investing goals and interests. and it learns with you, so as you become smarter, so do its recommendations. so it's like my streaming service. well except now you're binge learning.

see how you can become a smarter investor with a personalized education from td ameritrade. visit tdameritrade.com/learn ♪ does your vitamin c last twenty-four hours? only nature's bounty does. new immune twenty-four hour plus has longer lasting vitamin c. plus, herbal and other immune superstars. only from nature's bounty.

- [narrator] at southern new hampshire university, plus, herbal and other immune superstars. we're committed to making college more accessible by making it more affordable, that's why we're keeping our tuition the same through the year 2021. - i knew snhu was the place for me when i saw how affordable it was. i ran to my husband with my computer and i said, "look, we can do this." - [narrator] take advantage of some of the lowest online tuition rates in the nation. find your degree at snhu.edu.

pack for the final tips around the horn. tim? >> mentioned gf pharma earlier epidialex. a lot of lers to pull for this stock. breakout level around 140. >> steve grasso. >> west rock, wrk earnings coming up. i think they're going to continue stronger. i'm still long on the stock. wrk. >> yeah.

whirlpool, i like the valuation. i think there's room in the housing trade. whr. >> guy adami. >> steve gave you a rock i'll give ah stone black stock in about a week. >> thanks for watching mad money with jim cramer starts now. my mission is simple, to make you money i'm here to level the playing field for all invest to investos there's always a bull market somewhere and i promise to help you find it. "mad money" starts now hey, i'm creamer welcome to "mad money. welcome to cramerica my job to entertain and teach. call me or tweet me @jimcramer the trump era is over so how do you prepare your portfolio for the biden era? this feels like the most