ground in either direction, will be interesting to see any kind of follow through. >> more comments after the fed we have jobs reports friday and inflation report which comes five days before the fed meeting. >> yeah the fed meeting the following week. >> which is going to be just a big one. that's going to do it for us on "closing bell. have a good evening "fast money" begins now >> live from the nasdaq marketsite in time square, this is "fast money", i'm melissa lee. tonight's trader lineup danica mcadam guy adami, karen finerman, steve grasso, and tim seymour is here breaking down ford for investors and all over shares of snowflake, stock deep in the red on earnings, company call just underway, we'll bring you the very latest. and draftkings striking out with

investors, the headline that spent it tumbling. j powell tells congress we're ready for lift off all three majors rallying with every sector finishing in the green. powell testifying before the house said the impact in ukraine is quote highly uncertain but fed is still on pace to start raising rates an the countdown is on the next increase two week from today given today's market move how are you grading powell too dubbish? too hawkish? or maybe did he perfectly thread the needle, guy? >> i got to give him a grade, you know my overall grade with him, as i said a number of times. >> but this particular performance. >> no, today, the market liked it so you got to give him an a-plus through the prism of the market, if he thinks he's going to thread the needle i have better point guard playing

knicks and my game is pretty good no i don't think they'll thread the needle, i think they know that and i think they're buying time to get through this thing reality is inflation is out of control. they admit it. they basically said as much and there's no tool in their toolbox in my opinion. >> yeah. unless certain things about the supply chain work themselves out, if demand cools off, we're in a period of hyper demand coming out of the pandemic steve what do you think? >> i give him a b, i think it is about supply chain and i think it is transitory hopefully the war is transistor he just said it was extended, and i happen to agree with him, quite frankly, i think inflation is going to be lower six months from now versus higher. and the market doesn't see it that way >> karen >> i agree with you.

i think it will be lower than it is right now but let's look where it is right now. >> right. >> which is extraordinarily high it can't stay this high without things really going out of control. i do think it will be lower. i think it will be well above that, used to be 2% was the line in the sand and they said we'll go over two, i think it will be higher than that even. but he bought himself a little time and 259 bas time and 25 basis points is all the time he needed to buy his credit inter. >> -- credibility. >> he did say the market is pricing in six or seven hikes and that sentiment has backed off a little bit his work is pretty much done if you look at where the high on the street was all year. he doesn't have to do much theoretically. >> right and tim i asked you yesterday what if powell becomes more dubbish, he didn't, he stuck by 25 basis points and left the door open to either a bigger hike in the future or easing off

depending on the uncertainty of this war and impact on our economy. >> well, look, i think he was a little bit more dubbish today. i think he maintained credibility and i think there's changes coming for the knicks and guy can definitely dish the rock, you never know on the point guard but he has a case when he says we're going to proceed cautiously and russia-ukraine leaves uncertainty sand we have to be nimble, i believe is the word in quotes this is a guy that, look, the world has changed and not coming out to say that, it is great if he says 25 basis point, if he wasn't the market would have gone to the other extreme and relative dubbish is exactly what the market needed. and to be clear the labor numbers are very, very strong sub four percent employment. the fed has room to work with on

the strength of the economy and the fed's job got tougher in the last two weeks, oil prices and commodity prices are going higher this is all a growth headwind, even if you believe the economy was very strong going into this, that's going to cost you, i think a lot of people question that today's response, look, this is a bear market rally. we've had a lot of these if you look at the last five or six sessions, we've had some type of interday two percent volatility in the overall market. this is not a market with a lot of confidence here and equity is rallying with oil price up 9%, not what i want to see, i want to see oil prices coming down and that's why equities are rallying. >> guy, for the intermediate term the fed is off the table as a question mark in the market he clearly said 25 basis points for the next two weeks, what's it mean for trading does volatility come in? >> they're rhetoric might be off

the table. but what they're doing is not off the table. he may think it's priced into the market but don't know if the market is priced it, doesn't matter what i think, the bond market has no idea what they're doing. why do you say that, guy i'll tell you, mel, the semi yields 205 couple weeks ago traded down to 171 up 15. 15 basis points today. you think it makes sense whatsoever in the biggest economy in the history of man kind and theoretically the most liquid asset moves with those kind of basis points, makes zero sense, so bond market is saying we don't know what you're doing pal, it hasn't made its way to the equity market yet >> steve brought it up last night, the bond market moves are not as much as they are flight to quality or other things that really make it noisy so we shouldn't look at it as the tens moved out much and moved again the other way today as people

were maybe more seg urks in on russian-ukraine situation, i don't know how that would be so i think that's important to keep in mind however, that having been said, the two year, ten-year spread is really taking it on the chin. >> financials were higher, sharply. >> yes. >> plus i think the energy side of the equation, we're running out of winter and russia is going to lose their leverage over europe an in theory energy prices should come down and equity prices should be going up maybe the 10-year is telling us there's a misstep, maybe they're pricing in the recession, accounting for the yield running lower. >> winter is running out but electricity demand will be in play in the summer. >> days are getting longer we had 75 minutes of daylight, fun fact, in the month of march without any daylight savings time, i see it every day i think we're actually seeing the light at the end of the

tunnel, if you will. >> yeah. tim, what do you think about the next month or so in trading if one is to think that what the fed does is of course important, there aren't as many question marks as there were 24 hours ago >> i think there's plenty of question marks how we value equities in the world and dealing with margin pressure how do you not have more margin pressure going forward nice to see the smattering of earnings reports, hopeful, no incentive for company management to tell you things are getting a lot better yes we've gotten rid of some uncertainty but there's still a lot of uncertainty we're taking it in small increments today's dynamic was about removing some uncertainty. last time fed went 50 was 2000 we know what that period was like a lot of people are talking about this period is a lot like that period, you know the fed knows that, i think it's just a

case where we have the uncertainty of russia-ukraine is really more for markets and repeating what everyone is saying this is terribly tragic, this is the first time we've seen war in europe since the mid 40s and something i don't think we have clarity on when we say we think the market is priced in russia-ukraine, i'm not sure we've done that. the fed we have will do what they always do they will be data-dependent and move cautiously we heard that today, some uncertainty about the pace but i think there's plenty of uncertainty ahead >> there's many ways in which we don't know the impact on the markets, guys, of this war, of exposure to russia, of exposure to trades gone wrong because of sharp spikes in various commodities across the board i feel like we've seen glimpses of this play out in the past when things go haywire in terms of huge moves in the market hedges get crushed

hedge funds, i should say, to be clear. >> yeah, no, it's an excellent point. i'm glad you brought up commodity. we spend a lot of time on oil, we do spend time on resources, tim does quite often and correctly, by the way. doesn't matter what i say, look at price action of alkoa with 85 handle at one point today and have been talking about that stock for six months freeport off the matt as well. the resource trades are telling a story as well. i get it, they seem to think they can math eckally thread - they can mackica they can magically thread that needle my sense is the next guest is better than i. >> let's go to that guest. chief investment officer and cnbc contributor, great to have you with us. was powell's message in your view exactly what the market needed >> well in a way he didn't back off from his path of hiking

rates in light of ukraine and russia he realizes the difficult situation he's in with rates at zero with the ininflation we're having and in fact the fed funds futures pretty much brought back the rate hike expectations it lost over the past two days. so look at the december contract, it dropped about 40 basis points in yield and today bounced back about 30. so we're basically pricing in 6 again based on powell's comments whereas in the past two days if dropped below that >> peter, when you look at the fed right now, are they so far behind they're winning as the line goes are they so far behind the curve they have to continue or so far behind that they have to change their stance and the second part of that, is the 10-year showing me a resession? >> well, so the first question, the two-year inflation break

even today, closed at about 4.3% so even if they raise 6 times this year, take the feds funds rate 1.5 at least right now is still well below where markets think inflation will be in two years. in the next five years at 3.3% so you want to talk about behind the curve well they're not even in the same state as where they should be relative to inflation. with respect to a recession, i think you talked earlier about what's been priced in. the bond market is priced in these rate hikes with the stock market it's not priced in because what we don't know yet is what is the economic impact of these six hikes? what is going to be the market impact from not just ending qe but shrinking the balance sheet at a proper aggressive pace than last time. that's not priced in we had the multiple expression so far but haven't had a real

change this earnings estimates but expect us to have it because there's no doubt this will slow economic growth. whether it leads to recession, to your direct question, a lot of it will also depend where the sms s&p 500 goods >> it's karen, thanks for being on. if you were named chairman of the fed what would you do right now, given the sounding of the alarm for a long time on run away inflation. >> i would rather than get more aggressive on interest rate hikes early on to give them flexibility. so raise 50 and maybe raise another 50 get us to 1% then you can take a step back and can you wait you can keep going and give yourself some time and some communication this every 25 basis point measure measure pace doesn't really do the job because again monetary policy directs the demand side of the economy so j

powell can be on the supply side but it's two side. housing and audits are encouraging everyone to buy a house and car when there's not enough for sale. >> you should be fed chair you got my vote, not that my vote counts. another thing we try to mention from time to time, wages in this country lowest than in forever, minus 3.1% companies have to pay more look what target just did. that's the final piece of the puzzle is wage inflation that's so far behind it's ridiculous as well >> well, one of the lessons that volker taught us is you need to have some short-term pain to get some short-term gain and that means having to slow the demand side down in order to control inflation. because you will not have a healthy economy or maximum employment unless you have stable prices. andthe wage spiral situation

that guy you're you sort of alluding to is something that is extraordinarily difficult situation. we're entering a stagflation environment, that's the reality, it's the fed nightmare, pick your poison situation for j powell and no easy way out because how do you subdue consumer price inflation without too much damaging asset price inflation and slowing growth to extent where it would be damaging on that end also. >> peter, always good to see you, thank you >> tim s peter used the s word do you agree is on the horizon stag inff stagflation. >> i don't know, i agree with the sentiment, the forces are stagflation, are we getting to full stagflation, well, growth is slowing, if inflation gets

worst i'm one who leaves could get worse, everything built into inflation in the economy has a lag eventually lag effect -- i also think in terms of the consumption dynamics of full employment i think you erode buying power for the lower middle class suddenly getting $20 as they should i think it is a diynamic where i think some trades are working some moving higher not just denying russian product because we're blocking them out of it. it's because most resources companies haven't reinvested in businesses for years miners that grew too fast and ran their businesses into the ground and had balance sheet issues

i think fortunately through those crisis that were five years ago learned to run their companies better but didn't reinvest in capacity copper supply and demand dynamics are most in clofrn flikt. -- in conflict. even without supply disruption i think you have imbalance in the copper market. we see a lot going on in wheat and commodity prices could be worked off faster. no question the oil and energy companies are not just a trade here they're better-run companies giving money back to investors and they all talk about moving a greater portion of free cash flow or ebitda in terms of dividend pay out ratios or overall how to approach the cap sheet. they're not reinvesting great for investors for this trade. >> coming up draftkings sport betting company in the cross hairs, what's up for investors

stick around for that. and snowflake earnings call underw 're breaking down the quarter when "fast money" returns. zero-commission trades for online u.s. stocks and etfs. and a commitment to get you the best price on every trade, which saved investors over $1.5 billion last year. that's decision tech. only from fidelity. you're a one-man stitchwork master. but your staffing plan needs to go up a size. you need to hire. i need indeed. indeed you do. indeed instant match instantly delivers quality candidates

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snowflake, the stock is down 22% but is off its after-hours lows with the company's call underway let's get to julia boorstin who has been listening in. julia. >> well snowflake revenue $384 million did beat expectations by about $10 million but growth is slowing and while first-quarter product revenue guidance was a range above the consensus, range of $383 million to $388 million versus $382 million anticipated full-year product revenue guidance was reportedly below analyst expectations telling us product revenue growth 102% year-over-year fell short between 105% and 110% growth, fiscal year 2023 product revenue guidance of 25, 27%, well short of what the buy side was looking for closer to 75%. another key piece of news here, snowflake is announcing it is

buying a company called streamlit paid $800 million that just announced just now on the call that's mix of cash and stock with the company staying that together the two companies will help unlock the unrealized potential in data and make it easier to build applications on the earnings call right now the company's ceo said 1.5 million applications have already been built on streamlit and the company will deepen its geographic scope with more snowflake growth outside the u.s. snowflake shares down 23%. >> thank you, julia. i guess it is the case what is price of the stock and what expectations were. when you talk about expectations 75%, more than 100% growth in revenues, guy, those numbers are staggering, but not what the stock was priced for >> thanksgiving, 2020, $400

stock, thanksgiving last year, gob. gobble by the way, $400 stock it has been cut in half $160 billion still $80 billion company trading at 35 times revenue. it's still expensive. >> 40. >> with that said where can it go it bottomed around 185, 190ish a year or so ago that's probably the level but make no mistake though it is cut in half, throw out the metrics you want it's still san expensive name >> tim, still expensive? >> yeah i have it close to 42 times. it's $80 billion and just guided for 23 of $2 billion on revenue that's really easy math. you have workload migration and departmental migration and footprint it's all growing, secular trend but we got way too out of hand in terms of what we

were willing to pay for these companies, yeah, high-margin business, the growth is extraordinary but buy sit whispers in the mid 90s on these numbers. good for them buying something with over inflated currency in terms of their shares, that's what they should be doing right now. >> guy, i have a question for you, do you think the stock here wherever it is right now is more expensive or less expensive than yesterday? >> good question. >> that's a great question you know, we played that game with google the other way saying on great quarters google is cheaper then when you walked in. i got to look at the numbers but on the back of what i seen i could argue it is more expensive now, down 25%, think about that for a second, i mean, how outrageous is that the stock is down considerable amount in the after-hours having sold off since thanksgiving from $400 it's staggering some of these moves. these are not $5 billion companies, as we pointed out,

going into this number was $80 billion. it's -- look -- it's -- it's interesting to say the least >> all right don't miss an exclusive interview with the ceo of snowflake on "mad money", that will be a good one, 6:00 p.m. eastern on cnbc. we are just getting started on "fast money. here's what's coming up next >> draftkings, in at third, the sports betting stock in the cross hairs as the mlb lock out drapgs on. so is this trade still with a wager? plus ford charges up the automaker doubling down on the ev-space and giving its business unit a shake up we're driving into that trade, next you're watching "fast money. live from the nasdaq marketsite in time square we're back right after this.

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. welcome back to "fast money. draftkings investors striking out as the major league baseball lock up gets uglier, mlb cancelled the first two games of the season as players and owners continue to lock heads over a new deal draftkings is official sports betting partner of the mlb, let's bring in our senior internet analyst, jed kelly is, covering draftkings, great to have you with us. >> thanks for having me. >> i'm sure the cancellation of just the two games season the the only impact there's other ripple effects in terms of customer acquisition and keeping consumers engaged with the app. >> yeah i think when you look at it it's very transitory. i think last year baseball accounted for 7% of overall ggr.

so it's very small, probably less than 2 to 3% of draftkings's revenue, it's still early. the owners and players are still negotiating. you get a good outcome could see an april 7 start you have to keep in mind with the tv deals the owners don't have to rebate their local networks until 25 games so even if it starts out even early may you will still have the nhl and nba playoffs an the masters to offset some of that. but it gets more interesting as we get after memorial day. >> when you look at these they all trade similar, ballies down 9% year-to-date. draftkings was down coming into this is binary, where, before the pandemic they were doing well, then the games were off the board and now when mlb gets back on it's going to rally again how do we look at these? >> no i will be honest with you, i don't think pauses of games are that big of a driver of the stock. it's more on two things, more on

regulation, and more on customer acquisition. right if you ensure draftkings after governor cuomo came with 50% in new york state would have won a lot of money that's number one. number two, is customer acquisition what we've seen in last three weeks, draftkings missed their quarter, what happened they had mgm say we're stopping, we're going to alleviate our spending and cedar said the same thing. fanduel will continue to spend aggressively looks like we have going out to next year we'll have a two-horse race aggressive customers acquisition for draftkings. >> what are you expect from the investors day tomorrow it sounds like you are saying this is a story of just it being able to ease off on the spending to acquire customers that doesn't sound like a sustainable business model

>> well, i mean, what we want to hear and what they're going to talk about is the cohort states. they're going to try to show how new jersey 2018-19 cohort is contribution profit, it's profitable, right? because what they are seeing they are seeing lte tax to justify the spending look at the market growth, new jersey last month its handle still grew 36% even with new york live. they can make the case to justify the spending we're still early in the market so i expect the spending to continue you look at draftkings and fanduel both well-capitalized, if california goes legal at the end of the year you will see more spend the spending is not going to stop it's going to be how do you message to investors that these states we've been in since 2018-19 are starting to turn profitable and if you look at the leading players in the uk they're all generating 20% ebitda margins.

generating 20% ebitda margins. >> what's the new margin

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welcome back to "fast money. who said breaking up is hard to do ford surging today after announcing it will not spin off but simply separate operations for ev and gas powered cars and trucks let's here from phil with the

details, phil >> melissa, this is ford believing it can be more profitable if it has teams working on specific types of vehicles opposed to what they're doing right now, which is building electric, internal combustion vehicles. they will have ford model e dedicated to working electric vehicles, jim naturally will run that ford blue is the legacy business, internal combustion vehicles and ford pro works on commercial vehicles a very profitable business. when it comes to ev they are doubling down on the commitment, they're going to invest $50 billion through 2026 previously $4 billion in 2025, they believe they'll be in the 2 million ev annual by 2026, huge increase

from previous guidance through 2025, jim farley was emphatic this is about driving faster innovation. >> this is about new talent and capability and focussing that on the areas we need to catch up and pass not just on the product on the supply chain but also on the customer experience that's what model e is going to do >> so here's ford committing to do even better and build more ev's because they see where the u.s. is going. this is the ev sales forecast through 2025 look at that only 2 million are expected to be sold in the united states in 2025 and ford is committing to building 2 million by 2026 that's globally but the u.s. will be a big part where they expect many of those vehicles to go what's in it for investors, ford is raising long-term outlook to

profit margin target in 2026 of 10%. melissa, for point of reference, i think they did 7.2% as profit margin in the fourth quarter that would be a substantial increase they say if they do well this year may even be able to go to 8% in terms of profit margin ford definitely doubling down and believing by focussing on ev's they could be much more profitable. >> phil, it's interesting because i think this is first time one of the legacy automaker specifically named tesla as the competition to gun for. >> oh, yeah. >> i think it's a very interesting change of tune and i think an important one to acknowledge what the competitive landscape is, do you feel they have the supplies for 2 million vehicle for that amount of time, especially when every other automaker is racheting up their targets for ev's as well.

>> and jonas brought it up on the conference call today, he said you committed to building 2 million vehicles annually, can you come up with nickel supply, a lot of this they locked in with long-term contracts that said, if you add ford to what gm is doing what we know tesla will be doing it all comes home to roost at some point. there's not enough supply in the world for all of the commitments that have been made out there. at some point we'll have to see a dramatic increase in raw materials for the auto industry when it comes to things that go into making the electric vehicle battery cells and battery pack or you will have to see the automakers around the world bring down their estimates because right now it's a game of we're doing this we're doing this and i'm not saying they're lying. what i am saying is there's a lot of big commitments out there and a lot of analysts scratching their heads saying where will they come up with the raw materials for these batteries >> karen's got a question.

>> yeah there's a lot of we're doing this and we're doing that. big picture of the presentation today, not granular at all how much of that do you think is we are really sort of dividing the dna and people are going to go to different sections with the idea of, all right, if we have transparency maybe we'll get a better multiple on part of our ev business and therefore on our stock overall. >> i think they do want a better multiple, no doubt about that, karen, they definitely believe if they can show people here's our ev business and why we're profitable, if they do it over the next couple years they believe they should get a higher multiple not just because of the ev business but they see a lot of waste and area they can grow the gasoline-powered division. having said that, i think the real question will be will they be able to move as quick as jim farley has said they want to move and it's one thing to talk about it it's another thing to take a legacy automaker who has been

building vehicles more than 100 years, and getting them to move faster, they are already moving much faster than i've seen before, jim farley said it's not fast enough, i want the to go faster he knows, in the interview today talked about tesla and -- didn't hear him talk about general motors did say we have to be as competitive at atlantis, he is clearly focused when they know who the competition is when it comes to ev's. >> phil, thank you tim seymour this is what investors probably want to hear, separating the business and allow them better talent if you're assigned to the ford e-unit as it's called. >> it's become hot, it's become sexy they have the maki, the ford f- 150, electric, it's particularly exciting time at ford

jim farley has been so laser-focused on this issue. good news for investors, yes, can they produce 2 million cars globally by 2016, you're buying the company right now at a multiple somewhere around 7.5 times 2023, 250 a share, at the same historic multiple its always traded at that's really the story. of course they're working on the multiple and of course they should get a higher multiple that's the tailwind for investors. coming up, citi held its investor day and gap earnings on deck got options trader giving this name a try on. the detail when "fast money" returns.

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welcome back to "fast money. we need to transform our bank. that's what citi group's jane frazier said this morning in her first investor day as ceo, shares closing higher, though shy of wall street expectations for intermediate return targets, and said russia exposure was just 0.3%

tim, you're in this one. why do you stick with it >> well, look, as a guy that spent a lot of time in russia and knew how much focus citi bank had in russia and had been trying to unwind this consumer bank with probably $10 billion what they stated as exposure your and may be more we don't know about, disappointing over the years, whether bant them x or other region, where citi bank is global money center bank. really sometimes what their strength has been has also been a weakness if you look at their core, call it their leverage to the u.s. economy i think that's the other story here look, i think banks in the u.s., citi bank had more exposure than probably any u.s. bank but probably less exposure than the european banks, i think the

stories more about people always price citi at a discount and prove they have compliance score and operational control over far flung units at a time banks are flattening tighten frg and some of the growth hits main street. we did this coming out of the crisis people didn't believe the banks when the rest of the market was rallying. >> karen, in the green room we said this is a multi-year story, hearing the ceo acknowledge the under performance relative to peers but is priced so only book basis. >> i hope so yes. right. it's been a multi-year story, a really long multi-year story, you know, i can't imagine how difficult it is to move an organization like this the first year hasn't really gone so well it's not so much the specific russia exposure, i agree that's

probably somewhat contained. they do have more exposure to europe and to the extent europe goes to recession as a result of this i think they'll have more credit losses and we talk about that contagion so it should be cheap. it's frustrating i don't know what to do with it at this point. i feel like i'd much rather be in u.s. bank of america which is far more insulated to the u.s. so kind of lukewarm on this one now. i want her to be very successful i think she's trying to do the right thing but got her work cut out for her. on sale, as it should be. >> guy, just quickly citi or jpmorgan >> mmm -- for a trade, citi. i'll tell you why in december, we traded back to that level, seemingly held 75% tangible book. citi for trade >> don't miss the interview exclusive tomorrow at 9:30 a.m.

eastern right here on cnbc check out pay save topping the tape shares getting a boost following earnings report. steve you got in when it went public, as spac, down 80% since going public. >> this is not one i'm putting on the mantle. not suitable for framing but if you look at fundamentals and net income 90 million versus loss of 3 million. i-gaming up 50% year-to-date adjusted ebitda up 11% last earnings cycle was horrendous this is a balance look at the stock price, terrible i'm still in it because i think there's a disconnect with the fundamentals -- >> same size at the ipo. >> it's a lot smaller now. >> but you haven't sold. >> i have not sold what happened to this was the spac attack ruined it for entire space. this thing went from 10 to 18 to

3 and change the fundamentals for this name should be trading back to 18 i'm still waiting. it's been a long haul. it's been definitely wood shed event after wood shed event. if you look at their digital wallet and size of their digital wallet and their acquisitions if you take a second look at this name you can truly see the investability. >> all right coming up, gearing up for gap. retailer on deck to report earnings tomorrow has options traders browsing for some deals, we'll tell you how they're playing this when "fast money" returns.

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welcome back check out gap store ripping higher after-hours, let's get to tony zhang with the set up, tony >> yeah, melissa, gap options traded 50,000 contracts about 4.5 times the daily average volume and options implying 13.7%. one trader taking advantage and rolling 2,000 contracts with march 15 puts to the june $14 puts for a net credit of 30 cents. this is an extension of what is

a neutral to bullish view on gap and obligating them to purchase $2.75 million of gap shares if the stock is below $14 by that june expiration. >> tony zhang thanks for that, more "options action" on friday at 5:30 eastern. coming up next your final trade. it's a thirteen-hour flight, that's not a weekend trip. fifteen minutes until we board. oh yeah, we gotta take off. you downloaded the td ameritrade mobile app so you can quickly check the markets? yeah, actually i'm taking one last look at my dashboard before we board. excellent. and you have thinkorswim mobile- -so i can finish analyzing the risk on this position. you two are all set. have a great flight. thanks. we'll see ya. ah, they're getting so smart. choose the app that fits your investing style. ♪♪

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♪ time for the final trade, let's go around the horn, tim seymour? >> the regular operations for ford are run bet around more cash flow positive than ever, trading 7.5 times multiple with ev-optimism, got to look at ford here. >> guy >> alcoa continues to be the story here >> karen >> we don't talk about it often as a final trade, alphabet is safe place to hide, i think it's a good stock. >> oldie but goody, disney, looking for the parks to recapture the light and looking

for streaming, this is round trip, it popped on earnings and reversed on the ukraine-russia incident, i think it's a good time to buy this >> all right thanks for watching "fast money. see you tomorrow at 5:00 for more "fast money." meantime don't go anywhere, "mad money" with jim cramer starts right now. my mission is simple to make you money. i'm here to level the playing field for all investors. there is always a bull market somewhere and i promise to help you find it. "mad money" starts now heying i'm cramer. welcome to "mad money," welcome to comerica. my job is to entertain and teach you. call me or tweet me. how do we explain today's rally? s&p pulled 1.6%. the nasdaq jumping 1.26%