terms story falling into place >> does the market want a strong jobs report or a not too strong jobs report? we're still in an unusual place. >> you never know how the market is going to get skittish about things >> we're out of time have a lovely weekend. "fast money" starts right now. overlooking new york city's times square, this is "fast money. tonight on "fast," retail in rally mode they're laying out the case for three stocks ready to break out in new records we'll tell you what they are plus we have lifted shares of virgin galactic as the record gets ready to put passengers into space what should we be doing with winners and losers

we'll find out in your favorite game snoorks trade it or -- game, "trade it or face it." games may be stalling, so what gives should we be concerned that the consumer is weakening or do we take it on nike's word that they're strong karen, what do you say >> i thought the nike numbers were very impressive on so many fronts for me it was more nike. i felt it was more idiosyncratic to them. also on the heels of their last earnings were slightly disappointing, and the direct consumer is huge, so to me it was a specific nike story that's great for their customer i don't know what we can extrapolate to other customers or where they're taking shares,

right? >> or if they're selling direct. ztz >> what about foot locker? >> exactly, the other stores that handle their goods. >> i think markets will be increasing from here, but whenever we talk about nike, it's either china or north america. now it's north america but when china comes book or international kocomes back on, they're opening behind under the circumstances -- us. i think it's a further tailwind. >> delano, what's your stand on nike >> they mentionedwholesale was really strong. this was a company that wanted to slim down distributors as far as a year ago, but that side of the business was stalled, which tells me that demand is there. if demand is there for nike, this could also be a further tailwind for other retail

directors. i think it's just a really strong quarter for the stock that's lagging here today. >> tim, i'm sure you're happy with your nike shares, but i want to get to what karen brought up, which is is this the nike store or should we be concerned about other retailers? it showed a slowdown in certain consumers, so is this a nike-specific phenomenon we're seeing and maybe we should have more concern about some of the others >> i think it's more nike than it is the h halo effect nike's exposure to leisure and just the dynamics of coming out of covid where it was feeling comfortable and looking athletic, but people now partaking in outdoors and sports

that's where, i think, the guide is coming from for nike. steve pointed out north america 32% comps, up 20% sequentially from third quarter overall and global inventory that's been cleaned out. this is not a channel stocking and it's a very good story the closest comparison, i would say, to nike is lululemon. i know karen and steve and delano were looking good in their lulus at home during covid, but they're also looking good in the gym, and they get it both ways as well. in either case, the multiple is very, very challenging, but the innovation and control of the demand is you have a movement. nike actually got cheaper last night despite this move in the after-hours. >> so, karen, if this is a nike-specific story, then which retailers might you be concerned about? which retailers might not see

that sort of benefit at this point and where we are in the pandemic >> i come back to department stores as being challenged you don't think of them as a place to buy sneakers, but the consumer's pocketbook is inif i night, right i agree tim's take of lulu woul be most similar. the shoe space saw goat, right the shoe space is on fire, so maybe foot locker is still fine, but i don't own it anymore it's been the fear of nike taking over their wholesale business which makes me stay away from nike >> it was up today i thought it would trade lower on the numbers for last night. >> to tim's point, people coming out of their house this is michael koors, versace,

jimmy choo >> that's very insightful. >> thank you >> for the consumer during the pandemic, a lot was done online and maybe the consumer has gotten more used to the idea of going straight to the brand as opposed to going to a macy's or an aggregator of sorts, the department store would you be concerned about, let's say, you're mace he's? >> my mace he's is somebody else's mace he's right now i don't own it anymore -- >> does maceie know that >> don't tell her. the story of the department stores has been one in vij although sgroet -- i think that

to me goes back to the stock as well i think what worked during covid is something the consumers were that much more comfortable, and you can make the argument that retail sales only worked until nike brands have power. brands have pricing power. then there are the medians we can go out and get these brands. it's not just macey's, it's also

walmart. >> i think the consumer we're talking about did really well. i think you have to be careful at these levels. it's run up so much i don't think you need to chase it for a long-term investor, you'll want to play back in >> let's bring in carter for "chart master. carter, what are you looking at? >> a lot of good stuff you named out in key names, and the etfs are doing the same the spyder retail etf is headed higher almost $2.5 trillion

look at it fvmt. you're sitting here interestingly, right when it wasly -- so the pre sums is a breakout with that setup, look at two stocks that are set up identically. take a look at urban outfitters, meaning you have a stock and it starts to have a top, and ultimately you exceed the top. 45 would be a price objective and the stock hit close to 41.20. look at the next one it's the same setup. the stocks that determine what

the f1 likes let's look at one, sort of a high flyer this is a weekly chart going fwhook i basically pechblt t woercht studyful. >> you can see we're basically pluls-minus. we deep trying to get above that key eve converge he not tread lichbs here. call it a wedge, it is time to make your bets now you can make your bets my bet is it falls out the other side

>> so you have been in overstocks >> i have been i'm not in it currently. it's too volatile for me it's at 90%. i would rather go 59 below maybe that one is more conservative take your pick, urban. i know none of them are your style. >> what's it highly critical of. >> it's a separate bed you're taking on crypto and/or checks for the short term. it's not expensive at all. >> i like "idolatry," but the

card my wife showed i'm actually worried about it ly -- there is a lot of fluff in there. that spike from 2020 is begun to work out again, i think the five below and that type of period, that summit is actually quite sblgt i ing. you think you should be in the sxt. which ones do you like, danoli >> i believe in urban

outfitters ly i think they'll attract shoppers at this point we're playing our game tonight with some of the biggest and losing leaders that the hour >> thely prrp. network and managed services from comcast business. and get cybersecurity solutions that let you see everything on your network. plus an expert team looking ahead 24/7 to help prevent threats. every day in business is a big day. we'll keep you ready for what's next. comcast business powering possibilities. you need a financial plan that can help grow and protect your money. an annuity can help cover essential expenses in retirement, so you can live the life you want. this is what an annuity can do. learn more at protectedincome.org.

welcome back to "fast money. there are only a few days left in quarter so we thought we would play a little game of "trade it or fade it?" >> let's start with florida. 20% this quarter would you trade it or fade it? >> i'm going to trade it if i could only pick one, it would be ford. i like what they're doing with ev, they're turning the business around, i like their products. i like ford. >> you told me i would get kicked if i did -- >> yes would you trade it or fade it, steve? >> i would fade for it i think ford has moved awful quickly, awful high, it's overbought

what's going to happen when they have to deliver these cars and suppliers can't deliver the products, right? i just ordered the bronco. it's not going to cam on time. i think we're getting ahly. >> penn narm down 20% this quarter. trade it or fade it? >> i would trade it, melissa that was bautz best pflt those people are also wagering on different things with their i-game ng one of those girls places where way off the highs,

so i think that's a great opportunity. >> if i tried to do what karen d did. i'm going to fade. they're good numbers, consumer trends are better and this stock is suffering i think it's going to break 76 and i think it's got more to go on the fdownside >> but by mentioning you weren't going to do a trade or fade, you effectively won. is that right for the benefit of our viewers? >> i believe tough companies are cuff multiples to dive into, and i believe the leading we have, is it something you would rather i didn't do? >> the dow went down more than 14% this quarter steve, trade it or fade it

>> trade it. it's a must hold at this area right here, 96, 97 pipeer sanders said they were worried about inflams or i would be a traifr. >> i think there may be some question here. i'm sewelly a believer pfld. i think at some point we're working through the sugar high with the skumpl, and this segment very well positioned and the valuation is pretty attractive >> let's get to nvidia 42% this year. karen, trade it or fade it >> i would have to fade it so many businesses are doing

fantastically well they've been delivering infection which doesn't leave much room for the downside, expectations are way too high. >> trade it or fade it, danoli >> trade winds are a data center of the business, and i think this is an area where we still ride that high coming up, there is a virgin galactic going interstellar today. we're digging into why the tech stock is better than ever. shep will have more on that condominium collapse "fast money" is back in two. hin. dr. petsworth welcomed these new patients. the only problem?

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welcome back to "fast money. virgin galactic topping the take today, soaring 29% to fly passengers into space. it hit all-time highs in february steve, you've been in the stock. are you currently? >> i'm 80% long. i sold 20% on the way down i thought it was over. i don't think management did a very good job of communicating through all of the delays that they recently had, so there is a couple reasons why this is trading higher the short answer, number one number two, bezos auctioned off that seat sitting next to him and it went for 20 million virgin galactic thinks they want to charge 200,000 or 250,000

so they can charge more and the stock will go higher people are pent up for a limit amount of space stocks this is, what, the fourth one out there? i'm staying with the stock because i think what happened today can happen again in the future, so i'm staying long for now, but i wasn't happy with management over the last year. >> delano, you wouldn't be long. why? >> i'm still trying to figure out what's going on on earth i'm not ready for space right now. during the run-up in january and february, that was too high of a price at that time so i missed out on that run. then as it came down, it was a stock i just wasn't sure on. now we ran back up i think it's still time for me where i would be paid at this price. i think it's good norfor long-t

hol holders. >> long-term doesn't necessarily mean when space is commercially specialized. could you be persuaded >> i think, you know, i'm probably so jaded by my own not lack of desire, intense non-desire to ever do anything like this. i always think when seats go, how much would the most be i would pay to not have to go. it's hard torfor me to get on bd with that business model >> point-to-point travel is something they should really start to tap into. point to point from london to new york in 90 minutes they're way ahead on that.

that would make the stock go higher >> that might be more persuasive for a guy who is a little more value oriented >> well, yeah, i guess so. and, like, i'm with karen on this put me on a plane to almost anywhere, but i have no interest in going into space. i think these headlines which are very companyspecific, of course, and a 50% shored interest have a lot to do with this move today. but it was an incredible week for high momentum, weahether it was ev or canvas, it was appropriate you got this today stocks were back up to the 60% level and really chased out a ton of shorts. it's a scary headline. >> go around the horn, final trade ds delano >> i would buy square. >> part of the story for delta

airlines is the front of the bus the more interesting place to travel, i think, is starting to fill up. you're starting to see overseas travel and i like delta airlines >> karen >> the selloff was just way overdone >> dellcom >> "fast money" will be right back after this break. retirement income is complicated. as your broker, i've solved it. that's great, carl. but we need something better. that's easily adjustable has no penalties or advisory fee. and we can monitor to see that we're on track. like schwab intelligent income. schwab! introducing schwab intelligent income. a simple, modern way to pay yourself from your portfolio. oh, that's cool... i mean, we don't have that. schwab. a modern approach to

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it's friday. welcome to the action tonight. we'll divest the divergence. why pentagon is back -- peloton is back in the race. mike coe and tony zang associated energy names have not quite followed suit. the chart master is drilling down on what that means. carter >> obviously a great move in the commodity, all