the company is always growing so fast and doing so many things and doesn't have a great handle on guidance. alphabet very interesting. been a pretty goodperformer an has had a valuation hold up. we'll see if that gets redeemed. >> both, of course, up nicely, 3 or 4%. not much down of course today other than the likes of gamestop down 30% much more analysis on "fast money. that does it for "closing bell." and i am brian sullivan in for melissa lee tonight and this is "fast money." your trader lineup on this big monday show, tim seymour, dan nathan and pete najarian tonight on "fast," announcing ground breaking plans for the first ever all civilian space mission for the end of this year he spoke exclusively to nbc news we'll bring you those comments ahead. a developing story out of d.c. president biden kicking off high

stakes talks with a group of republican senators.iho silver,y the monetary banking there is a lot to do welcome, everybody hoping you're having a good monday because we're going to start with a blizzard hitting wall street. no, we're not talking about all of the snow that is slamming the northeast. we're talking about the buying blizzard in big tech today just look at some of today's moves. if you're only focused on gamestop, silver, kendees, amazon rallying 4% amazon topping 4%. microsoft up more than 3% as well those gains helping to fuel a big rally in the nasdaq and nasdaq 100 back to nasdaq up 2.5%. as we kick off a new trading month, do you continue to stick with what worked for most of

last year? and appears to be working. at least the beginning of this year timm seymour outside of all the reddit stuff, what do you make of the big tech day to day >> well, welcome, brian. if you look at what's gone on in big cap tech in this reddit run, rebellion run, you had a pull back of the qqqs or nasdaq 100 by almost 5% semiconductors as measured by smh or whatever you want to do, down almost 9% if you take interday high to the low where we were i think on friday. you have a case where you had a massive pull back but that ultimately, the megacap tech as the space, whether it's the numbers we saw out of apple or microsoft, the numbers i think we are going to get out of amazon tomorrow, this has been a place where it's -- valuation dynamics, all the frenzy, euphoria, i know these have been massive moves but these are stocks that actually are defendable and the moves here make a lot of sense when you

consider the pull back and a lot of people have been looking for places to buy in >> yeah, dan, what changed from friday when we were clearly all doomed to today? >> well, i think the calendar, as you mentioned, it is the first day of the month we did see some major, major degrossing, you know, large funds taping down their gross exposures. they were doing it very liquid names last week. as tim mentioned, microsoft and apple earnings were fantastic, but the stocks had run they were trading at all-time highs into the print so i think in a lot ofways it was actually pretty good for the bulls in those names to get a little digestion there microsoft back at the highs. apple obviously feeling poised another day or two is going to be making new highs. then tomorrow amazon and alphabet likely to pose different reports. i would mention this, sully. there are some high flyers from last year that broke towards the end of the year that haven't

gotten going salesforce, they make the acquisition of slack stuck in the mud down 20% from its all-time highs zoom was a huge winner of the pandemic is down 35% or so really stuck in a range here so it does seem to be that investors maybe at the calendar turn, maybe a different sentiment change, maybe now that the back is broken of this gamestop situation that they're moving into the megacaps that deem to be defensive holdings in my opinion and maybe they're a bit more, i don't know, choosey as it relates to the very high valuation names as i mentioned on salesforce and zoom >> work from home, today was a big day. according to cdc numbers, today, guys, we had more vaccinations in total than the total number of cases outstanding 26 million so that's a big deal and maybe the work from home trade goes away on that. very quickly, dan, before we sort of move on to pete, we hear about degrossing i don't think we've used it for 25 years

i think of bill gross whenever i hear about it. explain to our audience in layman's terms what you mean by degrossing >> well, i mean, listen, make no mistake about it sully last week although these short interest names make up a small percentage of the overall equity market, there were major ripples felt across multiple facets of the investment community. so when you start seeing really dramatic losses in very concentrated names, they worked themselves through a lot of different risk managers, you know, risk -- risk metrics, that sort of thing. you get tapped on the shoulder to kind of lower your risk exposure, you take down your gross long exposure here, your gross short exposure in this case if you're trying to do that you might go to the most liquid names that's kind of what we saw into the month end last week. >> yeah. there you go you know, pete, one could see it was almost a market rebellion. i don't know, the term just came to my head

i look at something, call an audible for the x -- see what i did there. i'm going to throw an audible out to the ex-football player. if we took the goldman sachs hedge fund we're looking at this, pete, to dan's point, you look at what was sold and it looked like there was a correlation between the favorite stocks and hedge funds, the most owned, the most loved and that's in this etf and this push for liquidity. those were the ones that came roaring back today do you think it literally was just that, wednesday, thursday, friday sell what you can to make money, you still love the names so you bought them back today? >> it sure feels that way, brian. you're exactly right the way we watched this whole process and the guys were just dissecting the idea of how these stocks all ran into the number, right? when you look at apple and it was hitting up at 140, then they deliver the earnings that were record earnings across the board and yet they sell it off yeah, it seems like there was just that opportunity and i

think that opportunity of selling also created the opportunity of, hey, you know what, maybe this isn't as bad. maybe the ripple effects as dan was talking about, there definitely were ripple effects, maybe it's not quite as bad as first looked upon. i think that's why we saw so much buying. the volumes have been strong we've watched a lot of these great names. when i look at facebook and when i look at what apple reported, along with microsoft, those numbers were absolutely extraordinary in all three categories free cash flow in all of the various names. the percentage of the revenue growth was strong. i can totally understand why there was that need to get back in i feel like that's exactly what we were seeing today was, hey, look, we've got to get back in as a matter of fact, we completely wiped out as far as the nasdaq that drop that we had last week on friday. we wiped that out today so now it's a new game and i think everybody's going to be watching of course the big earnings this week because i think earnings will finally take focus once

again and probably push away from a lot of this short conversation we've had >> yeah. so, tim, tyler mathisen two parter, we're all old enough in this panel, i think, to remember four letters, ltcm, long-term capital management. >> yes. >> 1998, we were all probably in and around this business doing that there was a moment when the world in finance collapsed until we had another rally we were talking about melvin, citadel. some people throwing that around a, to dan's earlier point, you feel like sort of the gamestop melvin s.a.c. whatever it's called these days squeeze is over and then looking forward to the earnings story, what will be the most important numbers for you this week? >> well, wow you've opened up a major can of worms i'll try not to get into

lccm, "american pie" i don't think you were alive, brian. that was the day that the fed really became a major part of markets and backstopped the smartest guys in the room supposedly i think we know how that's played out since then. that's another show. ultimately you get back to a place where, right, what were the crowded trades have we moved past this? is -- i think the most important dynamics for the markets were the things we had on friday even when volatility was spiking into the mid 30s. you still have cash levels in terms of equity investment at a 25 or 30th percentile. we're not terribly overbought on equities i know it's hard to think about when you look at the frothiness around the sector. two, you had the case where what we just said and what you said about covid, this is a tailwind to me, not a headwind. the trade is working around the world.

look at the ism numbers out in the u.s. today that were pretty good certainly with some inflationary pressures that i think ultimately are good for equities finally fed policy and you had kashkari out there saying fed isn't going to do anything when it comes to the volatility out of the reddit rebellion or whatever we're calling this. they're going to sit tight they're concerned about tipping the apple carton the market. the fed has been targeting asset prices i don't think a lot really has changed in the last week i think it's important that we've addressed some of the issues and if there's a focus to be made on parts of the market that are getting pushed around by certain players unreasonably, great, let's put a bright light on it and see what was really going on the fundamentals underlying the equity rally especially with fed policy not likely to change any time soon. amazon tomorrow, they're going to grow their top line 40% on ecommerce extraordinary. i think they continue to be -- the names they're chasing on ecommerce. i think amazon stock in terms of

its chart right now is a bit of a coiled spring. i think it's moving higher >> well, and it moved higher over 4% today. let's bring a new voice into this conversation. talk more about today's big tech rally and bring in julian emm emmanuel good to see you. are you sticking by your s&p 4,000 year end price target? >> we are. you know, what you have to do is step back for a moment and just acknowledge the fact that as is definitely the case in latter stages of many bull markets, we are seeing a greater speculative element. and with that comes more volatility that's what we experienced the last week. in our view this volatility could continue for a little bit longer in the near term, but ultimately it is a buying opportunity. we do think 4,000 is very doable for a lot of the reasons that the panel has just spoken about,

but essentially what you need to do is to recognize that emotions are running very, very high right now and that means things may get misaligned to the up side as we've seen in a lot of these speculative names in the last week or two as well as some things to the down side and rather than trying to go with the flow, those are opportunities to add returns to your portfolio and take profits when reasonable in a very balanced, less emotional way, which is how good investors really do run money over the course of years. >> and it feels like no matter what we go through, right? whatever the thing may be, whether it's gamestop or reddit, liquidity concerns, new virus strain concerns, whatever it may be, that ultimately the fed,

that tailwind, trillions of dollars, $7 trillion balance sheet, qe basically still on the books, all of them in unison, rates aren't going higher likely for years, does that supersede only from a market perspective, of course, everything else, julian >> brian, it's never as simple as don't fight the fed, okay we like to think that's the case, but it isn't because, you know, clearly there was a time last year the fed was still accommodative and obviously we had the dislocations that we saw in february and march. granted the fed mountain was very in front with extra liquidity, and as you mentioned, that's not going away, but the fact is is that we have earnings growth we have the potential for a significant reacceleration in the economy. the vaccines are there and to us that is ultimately going to be a recipe for higher stock prices and we do actually think that

the value trade is likely to reassert itself in the days ahead based on a stronger economy in the second half of the year in particular. >> so, julian, pete najarian quick question for you so what specifically sectorwise do you look to that's going to push us up to the levels that you're talking about for the s&p 500? >> we really like financials a lot here, pete basically what we see is the fed staying very, very subdued at the front end of the yield curve, but if you look, part of this narrative of the economic reopening, the likely acceleration in growth and potentially in earnings really bodes well for the idea that longer end yields, as has been the case the last several months, will continue to creep higher, an upwardly sloping yield curve is very positive for

financials whose valuations in aggregate are very reasonable. >> julian emanuel, we appreciate your time. have a good one. thank you very much. >> thank you all right. so we have some news on the big move in the silver market today. let's get right now to leslie picker with more leslie, what are you looking at? >> reporter: hey, brian. the regulators paying attention, paying close attention, they say, to what's going on in the silver markets the commodity futures trading commission acting chairman roston benham releasing a statement that the cftc is closely monitoring recent activity in the silver markets the commission is communicating with fellow regulators, the exchanges and stakeholders to address any potential threats to the integrity of the derivatives markets for silver and remains vigilant in surveilling these markets for fraud and manipulation

so this is the first we've heard from the cftc since we scaled that big move higher in silver interesting that they are now on alert for what's going on, brian. >> wow leslie picker, big news there. dan nathan, i'm going right to you. your take on where this all may go >> yeah. i don't think it goes much further. i mean, if you look at the fact that, you know, this gamestop traded as high as $500, closed friday at $325 today closed $225, down $100, it doesn't seem like the big shorts that this reddit crew was targeting are short the stock anymore, okay? if the company comes out and they decide to sell some stock and let insiders sell and the shorts don't need to cover, this thing is toast this is not a call to action by anybody to start defending this position, it's just supply versus demand. in silver it's a totally

different ball of wax. i don't really think that these guys have a clear plan here, if there is a plan, so to me i think we might be done with this trade and as they move on to things that are harder to move around, like commodity markets, that sort of thing where there's a lot of moving pieces and regulatory action that are likely to come swifter, it may get harder and harder to do this i think we might be looking in the rear-view mirror of this little movement here i don't mean to be dismissive. i know there are a lot of people who think there are very valid reasons for this group, whoever they are doing what they're doing, it gets harder here to push around some of these risk assets. >> yes certainly. pete, i know running out of time the physical premium to paper was at a multi-year or all-time high we had a bull ondealer on the exchange at 1:00 and said i'm sold out of physical silver. the problem people have, the fear that people have, it's easy to buy a piece of paper, slv

it's harder to hold coins in silver and that dislocation has some people ervous are you? >> no, i'm not nervous, but i would -- i'd bury myself in the derivatives world. i'm telling you, we see nothing about options paper whether you want to talk slv, silj, pan american silver which has gone up to the up side but there's a couple of other names. i think they're still targeting the same thing they were targeting before i think dan would agree with this they are looking for high short interest and smaller market cap type names with less outstanding shares if they can find that and it works out, those are the names that have been working for them so far as the main streeters are taking on wall street with this whole sort of you guys called it a rebellion. it is a rebellion. it's a rebellion against wall street and they're going avni stocks that they can find that fit into the category of what i just described >> yeah, there you go. and we're seeing all the miners,

p panam, the miner moving up. new developments out of the white house. bipartisan stimulus talks between president biden and a group of gop senators. plus, the big news that sent shares of ford into overdrive. we'll tell you what it was and how our traders trading in "fast money" back in two and in an emergency, they need a network that puts them first. that connects them to technology, to each other, and to other agencies. that's why at&t built firstnet with and for first responders

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welcome back to "fast money. we are following a developing story out of the white house president biden is holding stimulus negotiations with a group of gop senators. let's get more on the progress with ylan mui. >> reporter: brian, president biden is meeting with the 10 gop senators they are backing a $618 billion covid relief plan that they say is more targeted president biden does know some of these members from the time they served in the senate including susan collins from maine, lisa murkowski from alaska and rob portman from ohio this group is prioritizing vaccine funding. they are matching the $150

billion that biden had originally proposed. their plan reduces the amount for schools, job development and direct checks. some democrats are warning that there's a real danger in going too small. on the senate floor today chuck schumer warned that this was the mistake that they made back in 2009 during the financial crisis and now we are getting some of that tape with president biden and those senators take a look. >> no, no, no, i'm anxious for the talk feel like i'm back in the senate all right. thank you, folks appreciate t. >> mr. president, what do you want to see --

>> reporter: so you see there that was just a little bit of the meeting between president biden and the senators talking amy ab bring there senator susan collins sitting there next to president biden as they make their push for the smaller relief package, they have signaled they might be open to some negotiation. senator collins said they might be willing to go higher in their direct check amount to $1,000 to come closer to $1400 if he would be interested in lowering the threshold for eligibility. those are some of the discussions that are going to be underway during this meeting it is clear the democrats, brian, are also making the case they don't want to wait around for republicans to get on board here that is why they took the first step of passing or of at least introducing a budget resolution in both the house and senate so they can move forward without republican support we will see and hear from these senators after the meali ingmees over so we'll find out how it

went. >> quick follow-up, ylan there has to be a sense of urgency because we're seeing vaccines roll out. 12 days of more than 1 million shots. cases are rolling over hard. i think there's a sense of urgency on that side, but here's the thing, with the republicans if you're trying to sell me your house for $500,000 and i come in and bid 150,000, you're going to toss me out on my you know what. 618 billion when the democrats want triple that, i mean, do you think, do you sources believe they can truly find some kind of workable middle ground >> reporter: president biden wants to be seen as at least extending the olive branch that is why he is hosting the senators inside the oval office even before democratic leadership has been to the white house. susan collins says biden has called her three times since he was elected to talk about the covid relief negotiations, most recently on sunday both sides want to be seen as

making a good faith effort whether that yields any covid relief package at the end of the day remains to be seen that's why there are dual tracks they're moving forward with the reconciliation process so they can meet the deadline of march 14th that is what they are sort of staring down the tunnel at that's why they want to move so quickly. >> all right ylan mui, thank you very much. guys, let's go around the horn here tim seymour, i'll come to you. does it matter from a markets perspective what number they settle on as long as they settle on something >> yes, it does, but i think the concept of getting a deal done is the most important thing. look at how the markets and certain asset prices have adjusted a 2% dollar rally in the last three weeks. pretty quiet, right? you've had a chance to see yields test that 1% level on the 10 year and bounce i think are moving a bit higher.

you have commodity prices and some of the at least the by products where you could see infrastructure spend trade well especially in the face of a strong dollar. brent and crude near essentially one-year highs a move in copper which is supportive markets expect to see a deal that's not the question. the size of the deal could certainly influence overall, but either way we're moving that way. again, i would be dating this dollar move. you can be buying commodities, resource trades, buying the banks, i think they're all going to benefit >> all right tim, thank you very much. coming up next, much more on the reddit rebellion outrage growing at robinhood as the company taps investors for billions more dollars. we're going to find out what's next as it plans to go public. will it go public? and ford stock booming like

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all right. welcome back to "fast money. the reddit rebellion raging on today as robinhood taps investors for more money, billions more. kate rooney has the latest kate >> reporter: hi, brian robinhood is getting emergency cash from venture investors to help the startup essentially stay in business robinhood announced a $2.4 billion fund raise from existing shareholders including horowitz, ribbit, sequoia on the list and

that is on top of $1 billion they brought in last week. total $3.4 billion since last thursday to put this in context, in robinhood's eight-year history it had raised a total of $2 billion. as far as why they need this money, ceo vlad tenev talked to elon musk on clubhouse and said robinhood had to post $3 billion in deposits. he said that the capital requirements from the clearing partner increased ten fold last week that's been thanks to people bidding up stocks on social media and piling into some of those same names, and after restricting some names like gamestop last week, robinhood lift ed the limit for gamestop. that maximum is 20 shares per person that's up 1 share per person this morning we have a new class action lawsuit over the weekend and still there's a lot of blow back on social media.

sources telling cnbc that an ipo has also been what they call deprioritized. the company, we're told, is working through some of these more pressing near-term issues brian, back to you >> all right kate rooney. kate, thank you. dan, your take on all of this. listen, here's the thing first off, i don't understand why the ceo of robinhood is talking about putting material stuff on a super exclusive invitation only network clubhouse to elon musk what's your take on the whole thing with robinhood do you think it does have a big future >> listen, i give them credit. they're trying to be transparent. they went to clubhouse with elon because they're trying to talk to the people that are using their platform and who are really annoyed listen, they have a huge pr problem. it doesn't seem like they have a capital problem especially if some of the volatility and some of the issues plaguing them over the last week or two go away

here, but, again, here's the question can this company operate if they are not selling their order flow to operations like citadel and the question -- the answer might be no. and if the answer is no, then they may have a hard time kind of growing this valuation from these levels this capital might be a stopgap to keep them in business in the meantime, but their customers are pissed they're moving away. talk to anybody who works at a major brokerage form the last 24, 48 trading hours have been really busy. they're signing up new accounts and they're coming from robinhood. >> yeah, pete. very quick before we go to our next guest on robinhood. do you think somebody will pay 6 bucks a trade? can they do without the sale of order flow >> i think they're going to have to continue with the model that they had in the past they're going to have to work on that when you add as many clients as they added in the last year or even if you go back 36 months, it's an amazing number

they're fortunate they aren't public now because then i think they would have an issue, but they were able to raise that money so quick it was unbelievable $3.5 billion in just a matter of days i think that's a statement for what people think about the future still for robinhood >> yeah, there you go. okay let's move on. our next guest believes robinhood will ultimately go public let's bring in rick heightsman, a venture capitalman with early investments in pinterest and airbnb you don't thinkthis will scuttle plans to go public and lack of public confidence? >> i think for the short term there is a general lack of confidence some of the other players in the emergent public space are picking up the public accounts i heard what dan was saying. i think you're seeing a lot of the other emerging financial institutions are doing whether they pivot away from selling the order and data, will

they persist in this model they have aggregated millions of accounts and this whole generation of investors sees robinhood as the way that financial markets are being democratized >> i understand that, and that's one side of the ledger, rick, right? customers and their order flow those customers, they don't pay anything now you have robinhood every couple of days going to its partners and asking, can i have a billion here, a billion there. they've taken in i think to kate's point, more money in the last three days than they raised in the entirety of their existence. >> and i think they needed capital to support that overflow, and i think that's just a normal part of their business model transition. what we're seeing is they're accumulating assets and they can monetize those assets through order flow, through traditional measures and other ways in the future even if you looked at companies like facebook, like twitter when early monetization issues, but

they were pioneering a new business model i think public is trying to do it in a very transparent way among the next generation brokerages they'll be able to get through this i think trust is going to be a key issue and robinhood has to rebuild that trust when they get to the other side i think they're going to be this generation's financial services brands >> hey, rick, it's dan thanks for joining us. >> hey, dan. >> so, listen, when i look at your portfolio and i look at your investments and be your exits, i look at companies that were truly innovative and disruptive and changed industries on top of their heads. tell me, what is robinhood innovating on? what is their massive disruption other than price and do you think that these guys, the pr problem they have with their existing customers is going to be something that they're going to be able to get over if they change their business model in a way that actually costs them money as the customer? >> and that's the big issue, right? is robinhood, my space or are they facebook? and is public.com or one of the

other players going to wind up being the big winner in the space? what they're innovating on is actually going directly to the customer instead of having the layers of financial institutions, brokerages, research houses, wholesalers, they're enabling the elon musk's of the world or the next grade companies to have a more direct relationship with the customer this generation of investors are used to having a direct conversation and they're getting closer to enabling and facilitating that direct conversation with the companies. and what you're starting to see and whether it was on clubhouse last night or even some of the private chat rooms that in a compliant way they're going to facilitate how companies interact and how investors interact with the companies that they're part of. it's going to be a direct to investor or direct to company relationship no different than direct to commerce brands have been created or even direct to

consumer media brands like netflix. >> rick, we've got to go, but i've got to ask you this >> yes. >> if you are an investor do you approve of the idea that the ceo is in a private chat room on an invitation only app, clubhouse, talking to elon musk about basically capital requirements that the clearing partners -- i mean, is that a good strategy? >> i wouldn't say that's a good strategy it's a private company so he gets to make his own decisions i think a lot of that came out later via twitter or other places i think there's a lot of conversations that goes on if i was robinhood, their real concern is building trust, credibility and having authentic conversation if i was that ceo i would begin by having a much more public, much more honest, much more transparent conversation with my investors as well as all of these other stakeholders, parties and interests. >> yeah. i would say they would need a better pr strategy that might imply they have a pr strategy rick heitzman, thank you.

for more now on the retail trading mania and how to capitalize on the market rotation triggered by the reddit rebellion you can head to cnbc.com/pro tim, you know, i wasn't trying to knock robinhood but i think you get my point they're fumbling around on this thing. they're a startup. i get it what would you like to see from robinhood? >> well, i think they need to -- again, they need to come out formally and talk about what the strains are from the clearinghouse perspective, what pressures are put on them, why they needed to raise the money it's easy for them to go to their existing investors they can buy more shares in the future at a discount, et cetera, it was good for them think why their business model ran into strains and to clarify, was there some protecting of seemingly investment partners which i'm sure they're ready to push back on i think that's really critical i think for the broader investment community, it's

interesting because then there's some sense that people are now looking at spacs differently well, guess what, spacs may be a place where a lot of this group of investors that are disgruntled are seemingly going to get a little bit more accountability you actually will have better market to markets in spacs because they behave like public equity and vehicles. we could spend another segment on this. i think it's about clarifying structures, products and ultimately where robinhood's business model ran into these strains. >> yeah. certainly, by the way, your point on spacs is well taken our friend tilman fretitta, wheels up doing a spac up next, high ho silver, away. the metals market today. you may have heard a little bit about that we'll break down that trade. later, what do gamestop,

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welcome back look at you go, ford topping the tape today the stock driving nearly 3% higher the company announcing a new six-year partnership with google a deal will put the tech giant in the vehicle connectivity and cloud computing services there ford certainly with a big day. pete, you got a comment on ford? >> yeah. you know, they've had these partnerships in the past, brian. i think this makes a little bit of sense now based on everything we've learned be about the vehicle market especially a lot of these evs out there now they've got a transition and ford is going to do that as well they've been with blackberry, microsoft, amazon and now they're are you being around with google. i love the fact that we've seen nothing but activity for quite a while, brian stock was 9.5, they were buying june calls, the june 11. they continue to get very, very aggressive i love the leverage you're getting out of that now from

ford they continue to come after it i'm going to hold on to these calls now. i love the story i think this is a moment where ford starts to turn the corner >> i love the glove. i'm rooting for michigan, tim seymour. stock is up 90% for ford justified move, do you think >> well, i mean, pete's talking about reasons to be excited and some of them also include getting better at their core business and improving profitability and unprofitable segments, especially europe. this was something gm was ahead of them on they started to show profitability. their numbers were fantastic on profitability. this is the prove it, prove it to me. el it's not the f-150 when that thing goes ev, there's going to be lines around the co corner we've talked about the mustang and their ev exposure, as it has

been with gm when you consider the fact this is an oem that knows how to build cars, it's part of what people are getting excited about. oh, and secular dynamics very much in favor of the auto industry coming out of covid >> yeah. i -- this summer driving through i-75 i saw the mack e, electric car driverless the guy was sitting in the passenger's seat cool looking car. coming up, virgin galactic i know you've been waiting out there, folks popping after hours. elon musk news a big trade in spce. later, the reddit rebellion setting its sights on silver best day in nearly 12 years. coming up. 7 moisturizers 3 vitamins 24 hours hydration gold bond champion your skin hey, dad! gold bond hey, son!

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big interview coming up your way on "mad money. a bunch of big interviews. cramer speaking with top odanutives at dick's sporting gos d top of the hour on "mad money." we're back after this.

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all right. check out the move in silver i'm sure you heard about it, but did you know it was the best day in nearly 12 years well, mike khouw, what did you see? >> we saw a lot of options activity that's what we saw in slv, the etf designed to track silver

which saw more than five times the average daily call volume. more than 2.5 million contracts. the 30 strike calls expired this week and next week traders were paying $2.10 to buy the 100,000 contracts overall. the 35 strike calls, they were extremely busy traded 23,000 call contracts for those watching don't know, the silver futures represent 5,000 ounces it's much bigger than slv. it saw 75% of the interest being traded today a lot of bullish bets in both spaces. >> mike, thank you dan, is there a trade left on silver >> i'm going to reiterate this the cme reaches 18%. this trade gets harder and

harder pushing these markets around that's all i'm saying. >> all right there you go big headline anyway. 18% margin "options action" 5:30 m.p. eastern time up next, your final trade. ♪♪ ♪♪ ♪♪

all right. welcome back look at virgin galactic popping after hours. spacex, elon musk going to spend the first ever all civilian space flight up. musk just sat down with nbc news to break that news you can catch it tonight on the "nbc nightly news. pete najarian, you've got to love it. space had a big day. big after hours. >> yeah. yeah, it's been an amazing run not always easy to hold on to, but i got it back in the spring. i continue to hold onto it this does fit the criteria of what we've been seeing when you talk about names that have fairly high short interests based upon people betting against this thing some of these moves do get exaggerated at times, brian. this might be one of them. stocks continue to make a move to the up side i'm going to continue to hold on >> well, tim, do you think it

was exaggerated, 30% i think in 24 hours >> yeah, i do. first of all, good for pete. i definitely have not been in this trade and i do think the success of the suborbital plane. some delays and less successes have been big push backs this is great news for stories that people expect to be mainstream the people that own it don't care about valuation that's why you get this kind of momentum behind it >> well, if the stock keeps going up, pete might be on that first flight at this rate. >> no. >> popeye's. much lighter note. popeye's is hopping on the reddit bandwagon they're using the hot stock particularers, they're all in the mix.

popeye's calling it free tendies for you all. that's a nod to a term that regulars use to describe a big financial gain or potential financial gain, am i right do i sound -- i'm just in it for the tendies? i'm not sure how this work. >> you sound cool, brian, but it's kewl, you know what i mean? >> use those to get free tendies, tenders at the popeye's time for your final trade. tendie seymour, what have you got? >> you remember that song, by andrew gold in the late '70s called "lonely boy." gold the yellow metal has been the lonely boy around 18.60 you have a lot of technical conversions. gold, weaker dollar is going to break out bitcoin and some of the short sells have stolen its thunder. gold is ready to make another

move here. >> pete? >> i'm looking at bank of america today downgraded moderna. i think this creates an opportunity. i've been waiting for an opportunity. waiting for a selloff. i think this is it i'm going to be looking at moderna to buy. >> dan >> yeah, exxon reports tomorrow. be a 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 not just so entertain, educate, teach, oh, boy put in context, call me or tweet me @jimcramer. let's talk risk. everybody wa