quite a week, quite a month, rough start with september markets down in a month that typically causes a lot of agitation and next week, the fed, big question 25 or 50 could go either way. that does it for "overtime." "fast money" starts now. live from the nasdaq market site in the heart of new york city times square this is "fast money. what's on tap tonight. from slump to surge. what a difference a weeks makes. s&p and nasdaq posting best weekly gains of the year last week the worst. rebound for real debate that. plus ultimate chart. a star in defensive times and right now riding the wave of the a.i. boom. take the wraps off this true utility player for your portfolio. later breaking down biotech's big week one shiny moment and uber adds autopilot to the menu. we explain all that.

melissa lee coming to you lie. and our panel is with us start off with that massive market rebound this week with the nasdaq up five days in a row with a gain nearly 6% since monday that is its best week since last november s&p and dow up big as well look at individual stock moves arm, broadcom, super micron and nvidia sees outsized gains more than 6% this week up and rh, restoration hardware, scoring today posting highest close since april. meanwhile, prospect rising for 50 basis point cut by the fed next week rates under pressure ten year treasury hitting the lowest he of the week since june of last year volatility index crushed falling to lowest level of the month does this week's market action give the all-clear for stocks? tim what do you say? >> no. not an all-clear but a different tone than a week ago talking

about the worst week in how many septembers in the worst -- excuse me, worst month of the year pap notable turnaround. but i think hasn't had a chance to digest our view of the fed. whether 25 or 50, everyone's hearing probability numbers now, certainly higher of 50 i don't think they'll do 50. it's about the interest rate sensitivity part of the rotation in the market. what characterized today, but i characterize much as people want to talk about the breadth of the market and small caps, i can't wait to talk about utilities later on in the show, but i think this is a case where i would look at semiconductors closed on highs every day this week the dip buying mentality of the most exciting or a part of the market i think a lot of people still want a piece of, part of the notice notable part of this week's move. i think it's a week we also got a chance to look at that yield curve, now actually twos, tens, normally slow. whether eight or ten basis

points continues to move that favor. someone that this that's a dangerous prelude to what will happen, you're one of those, but i think probably something that people actually welcome seeing tells you where rates are going. >> adding to all that is the move you mentioned, more interest rate sensitive areas. not just technology. small caps did well. as a reit 500 equal weight outperforming s&p. telling you about the broadens in the market and belief 50 basis points, odds did rise as we climbed here. >> yeah. whether tit is 25 or 50, going down why the thing, doing well. you tend to, in this environment small caps outperform in this environment. and well positioned for that this is something we've talk and previously i don't think your technology trade is going away. you're seeing those things are coming back. i just don't know if it's going to outperform in the way some other sector in the economy can. i think that's where want to

make sure you're positioning out as investors don't get out of tech but take advantage of opportunities under valued and might start to take off. >> with you. the trajectory is downward in terms of more rate sensitive areas you're seeing the rotation into there, because until we have earnings again in late october, mid-october, the fed really is the story here i think the follow-through will we continue to see the gap close between tech earnings growth and the rest of the market earnings growth that's the narrative to push this follow-through story. started as a rotation, put it into a broadening. before out of tech and into more economically sensitive sectors now seeing essentially people buying the dips whether it's regional banks or technology, or semis. all of these had issues in moments in time where they pulled back and underperformed balance of the market. that said i think everything else priced in think news narrative perhaps 50

basis points going forward at the next meeting given the market of breadth to prove forward. >> i suppose the biggest in terms of rotation, think about it, because such large cap names, is the move into these non-growth bond proxies with consumer staples, right? discussed that before. utilities a bit different. rate sensitive, but talking about a 45% gain past six months in colgate, no growth at all, record i'mp. walmart trading 40 pe. one of the highest the point, the real money flow as big tech has churned has been into super cap households names that basically over any long period of time don't really beat the market. >> this is really a defensive message? >> the face of fear for sure. >> the face of fear? >> it is no one's going to win the race

two-year stock market race or 118 month because a big position in colgate. forced to do something not allowed to hold cash institutional manager has someone else managing the cash must put it somewhere. they're forced believe a little stall, tesla or semis, do something, and it's going into these staples. >> you've said -- >> thought you pointed to me as the face of fear. >> no. you have a lovely face that equities and credit, certainly not broadcasting a cautious message yet c.a.r.t. arter is searing t of fear. >> poster child is gold. look at move in gold look at move in all of the plays i think we're not sure about growth feel like at least there's, inflation's under control. maybe deflation. so agree everything with what carter said. pointing it out for a while. yes, the bond market, the rates

market, and kmcommodities saying hard land. eck kwquity it's and markets art it's obvious stuff but tend to have more debt, more interest-rate sensitive therefore an inverted curve means higher debt cost short end and benefit only when the yield curve starts to invert again, part of the message this week, but back to staples. also staples really underperformed going into this period i realize that maybe this period may be all, most of this year, but staples a great beneficiary coming out of covid of all the dynamics saw it, spices, cooking at home. >> all of a sudden you need -- >> rerated, now derated and they're back. >> and buying all of these -- i feel you're not? >> i try not to be fearful when i'm scared you can't get too high or low. courtney said many times you need to be somewhat diversified.

when i'm picking my spots it is with higher vetted names, to carter's point trying to outperform where it's going to come with that said i don't shun some of the other pockets of the market, because there's time you need to rest there. interest rates you have given. interest rates coming down you can't sit in treasuries the way you could in the past. >> if you look at it as a factor the factor you can screen for these things low volatility criteria. that basket of stocks is outperforming the s&p at one of the greatest rates that you'll find so the question is should one do that it's already been done right? they've sucked up a lot of money while meta's got sideways. those sponges are full. >> now what? >> fade them off. >> implies you're in cash. >> rather cash than phil morris, at&t. >> or nvidia or big cap tech >> i think so, yeah. >> interesting. >> you're not alone. right? talk about what we might do as investors. what's happening despite the fact rates are likely coming

down more and more money is going into cash. 6.3 trillion dollars in market markets now and short-term cds maturing in the next couple months adding on top of that closer to that as rates go down. you're right we might think one thing but investors very cautious why they're holding cash and that will make its way back in, whether bonds or equities, a big question get ting closer and supportive o st system. >> next two, three months, cash over big cap tech over staples, all the defensive sponges full liquidity now? >> growth scare, still defensive. most important thing i'm waiting for the next payroll numbers not the fed meeting, 25 or 50, it's all about the jobs market here i still think there are

selective places to plant in consumer staples and still a holder of gold long five years and continue to be there i didn't need the 35% kind of growth stock move this year, but i hear carter 100% some of these things, those sponges are full but mega cap tech stocks will be well bid if we're concerned about growth. >> oil steettling higher and brent locked in positive week at 4. expecting more pain. oil analyst paul sankey runs sankey researches gracious enough to join us onset. welcome. >> what you are debating, the big concern is oil in china. major issue. china sneezes oil catch as massive cold china the last 20 years responsible for 40%'s global growth and not looking that good that's that. then everything else you're

talking about. yeah, applies to u.s. oils everything you're saying about cutting interest rates and everything else. looks rough simply because we're oversupplied demand just weakening at the margening. overall outstanding. huge too much supply and oil and natural gas. too much chemicals we like utilities. >> you like utilities? >> the rest of the show -- trade talk about -- might have a swing as refiner just because it doesn't feel -- the smart thing do probably find a refiner in january. scrambling around to find it now. for sure. >> biggest attribute, china, continues to deteriorate as an analyst what data points out of china do you look for, for anywhere to give you more clues about the demand picture >> fascinating

ed morris on my weekly call a couple days ago. asking managers how do you get your information on china? there isn't good information on china. you have to believe what they say. they're like the russians and if they're talking they're lying. not so much in china. >> i heard that nr. >> in china difficult to establish the way they play infantries and everything else yeah that's just a huge oil problem as it stands. so, yeah pretty bearish also referencing refineries, it's not a great time. >> talking about people forced, managers forced to deploy money. can't sit in cash. for those managers that have to mimic some type of index, at least have some, some of their investments in the energy space where within that complex do you think is the most defensive given the macro view you have? >> i've been coving this 30

years and haven't seen this company in such good position as it's been 30 years since 25 years ago. looks outstanding. done everything right. obviously an extremely defensive play. the only remaining truly integrated global oil company and that about as defensive as we can get still like a couple of the other names, phang, and resource, need access to that resource as it global mega theme. market's kind of buying natural gas stocks here relative to commodity and not a good '25 for natural gas nor even possibly '26 for natural gas. i think our hiding post most obvious. exxon. we get a yield from an energy transfer, from an enterprise partner. good to us as well super defensive book for us. >> another side to your long pbf, that's short oxy?

>> you know a big theme of the media market, warren buffett big or selling buffett, oxy, systemically once got below $58 a share he literally stopped dead and stock went through the floor multiple for us. fairly easy short for us yeah the famous trade, long shore oxy. >> thank you sankey research. where are you in oil >> i tell you, i like the diamondback trade. i think given a lot back and in a prime spot in terms of u.s. production growth, efficiency think about someone liking a eog listen to management talking about margins s optimization have to open a down friend headline oil price these companies are run differently. i think they are they've underperformed i'm bullish on energy but i think you have to be careful

about this announcement by the iea paul mentioned. >> and poor performance. shares not confirming the move in oil when it was strong and of course oil came down at this point 100% i aindustry witaindustry -- agree with the exxon trade and drillers. >> and boeing shares under pressure after factory workers reject at labor contract and on strike first time since 2008 more than 30,000 members mp the yin walking off the job this morning. phil lebeau is at a factory one all the details. hey, phil. >> melissa, a day it began with workers walking off the job at midnight pacific time. we were with them early this morning when they were voek until saying we're not going back to work and then as the day went on started to see the financial pressure that this is putting on boeing. first start with the credit agencies fitch and moody's both issues warnings today they may

downgrade boeing's credit rating obviously, if they lose investment-grade status, huge implications if they have to do a capital raise down the road. cfo says the company is focused on conserving cash going through this strike. one month of a strike, estimated cost according to sheilaisjeff ries bread and butter long been the 737 max. delivered 32 every one of those generated approximately $10 million in free cash flow you do the math. that lack of deliveries will really start to pinch the bottom line at boeing if this is an extended strike. that's the pressure that new ceo kelly ortberg is facing. met with machinists. on the floor earlier this week before the vote not pleading but basically saying to the workers, look,

we're in a spot here where we can turn this company around but got to work together that wasn't enough for the workers i talked with. all said the same thing, which was, 25% is not enough for me. i need 40% over the next four years and rejected the 25% raise. again, the wage target, melissa, they were looking for, 40% not sure they'll get all the way to 40% but believe they're got to get a lot closer than where they are now, is there another set date for a meeting, phil >> there's nothing that has been set in stone i wouldn't surprised we get some type of announcement over the weekend resuming negotiations early next week. boeing management is motivated to get this taken care of as quickly as possible. the question is, how much will it cost them how much, right now the estimate is that the 25% dlact was rejected would have been about a

$900 million annual cost hit probably north of $1 billion, melissa. they're not -- i would be surprised if workers settle for anything less than 30% even at 30% not sure that would get approved. >> wow phil, thank you. phil lebeau. phil mentioned the financial pressures should it get downgraded need two rating agencies to declare junk in order to actually lose investment grade already might's and fitch on warning. s $45 billion in debt. the pressure is real. >> and commandeering first half of '25 $10 to $11 billion in cash, depending who you ask. union nerver had more leverage. and a line to negotiate from first, boeing, i'm sure will make concessions and work quickly to do this, but it's at a time when this company even without any of this dynamic and phil's numbers, i'm sure they're right, $1.3 billion.

the last strike they had of substance 2008 lasted two months. this company's break even on free cash flow now at best, long boeing don't like the news but i do think this is just negotiations with the union >> coming up, uber and waymo expanding they are partnership where you could soon see these cars driving themselves around and what was said about the push-ups. plus, next, a chart of 2k3gold setting its 35th record close of the year the chart master hits the technical to see if this chart can keep rockin' don't go anywhere. "fast money"'s back in two. i'm sorry, there was a long line at the thai place. you get the sauce i like? of course! you're the man! i wish. the future isn't scary. not investing in it is.

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there are different ways to approach the technology. you know, waymo was the original car here very much focused on safety, and we want to make sure that any partner that we work with is wanting to grow this business, but build it in a very safe way and you can't ask for a better partner than waymo in that regard. >> all of this awaiting testesl robotaxi pushed out to next year from august. the fear, would be competitors, uber and lyft. looks like maybe co-exist here >> didn't really have much of a choice essentially weren't able to execute the autonomous business organically in-house picking a prime player looking to expand makes sense. additional upside if able to execute in the new markets, atlanta and austin, on uber eats as well. proven to be a good move by them a positive especially for google as well. i think, yeah.

tesla, perhaps this might be a lead to get out of the downfriend for quite some time this is really the future and now becomes an area no longer focused consquarely on delivery pushed out the last six to nine moss. >> and both parties will benefit. uber, operational efficient sis improve likely help margins down the line and waymo will give the opportunity to get on that taxi network they haven't had ability to do themselves absolutely a positive for them always a comparison each versus lyft this is again kind of going to put them above lyft, in my eyes. something want to look at. i think it's going to help them in the long run. >> and of course, ellen -- >> i'm not sure i want to drive that acronym right now just -- and i will and i won't run from it, but i think the question really is, if this is good news for uber is it necessarily good news for lyft

and are these partnerships, i assume, two playplayers, have t involved ev networks, part of earning uber politicians, less so with lyft relates to waymo, i'm hopeful. a lot more "fast money" to come. >> sitting on a gold mine. do technical back it up? what the chart mast sier is seeg in gold. plus, how the white house is cracking down on china retail giants, and the names in the crosshairs. you're watching "fast money" live from the nasdaq market site in times square. we're back right after this. when it comes to amgen's life-changing medical breakthroughs, every second counts. but without investment, those breakthroughs are often paused. citi's seamlessly connected banking, markets and services businesses, deliver global financial solutions.

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welcome back to "fast money. gold hitting another record high 35th of the year settles above $2,600 first time ever our chasrt master with how high it can go. how high, carter >> lead-in says it all for the newest high. meaning nothing new. nothing new.

gold good all year and continues to be good hasn't broken out from a particular level had a good day 91 basis points today. the main thing, ultra opportunity. talk about gold. year-to-date chart leading the way is gold stocks just behind it, gold and in the rear, s&p. the stock market do the same comparing a charted on a one-year basis. over the past year what is leading? gold stocks. then the metal and bring up the year, s&p 500. two-year basis, you'll see the same thing gold stocks are beating the s&p with all of the nvidia's goings-on and apple and moves in proctor, gld stocgold stocks beh metal. these last two charts are informative. go back far as you can and find an eastern match between the s&p 500 and gold takes you back to

1997 gold bullion matched the s&p since 1997 either the problem or opportunity. add in minors, almost unchanged. so the question is, can minors really come to life in a big way? even though they aren't leading the stock market and leading gold year-to-date, one year two year, can they really get the torque implied by the underlying commodity being so high? i think the answer is yes. be overweight minors and that theme in the market. >> do you like that idea or think there's some technical reasons why gold, the metal, over time does better than the minors and that could be because -- >> inflation -- so -- the operational or lack thereof leverage to the gold price for gold minors for i think from 20021 and to at least this period where they started to pick up momentum, the question

was around inflation, where gold minors were inefficient. by the way, is that performance number s&p with investment >> return. total return, gold has matched since 1998. >> right. >> '99 incredible fop think basically in most people's professional lifetime talk didn't didn't anyone sort of -- >> on gold. >> did just as well. >> take the period since i often sight the august, sorry, october 2022 cpi peak where the market hate low since that point the s&p up 54%. arguably had the best bull market in the s&p's history. gold from that very date is up 58% with a lot less volatility so in terms of risk adjusted returns gold's blowing away the s&p. i love the l minus own gex and own gold in international and want to own more gold minors because i think they've underperformed. >> independent of the long term.

there's this three types. people who never owned gold. people who always own gold but then people who have it as a hedge from time to time. every single incident except one. when you look at aural, peak to trough drops in s&p 20% or greater about 14, 15 great hedge every time. >> slow gold coming up, the white house taking aim on a -- joking. always need "fast money. loophole skiff on tariffs named hit and what it could mean for trade. here to big into the details, dewardric mcneal that's next.

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welcome back to "fast money. stocks positive five straight days announcing best week of 2024 just after the work week of the year awaiting a big fed decision wednesday. dow jumping nearly 300 points today. s&p and nasdaq up more than half a percent. shares of trump media surging nearly 12% today after former president donald trump said he was not selling a stake in the

truth social parent. trump free cash in his nearly 57% stake in less than a week when a lockup agreements expires. meanwhile, house republicans taking aim at china introduces more than 20 bills addressing what they call the country's economic threat. today the biden administration announcing a new rule preventing use of a trade loophole. we have details now here >> right biden is looking to tighten up what's known as the de minimis threshold allows small dollar thresholds imported to the u.s. duty-free and meant to help small businesses shein and temu took advantage. ship directly from china to consumers and most customers spend far less than $800 they've avoided paying import taxes in recent years the biden administration is looking to tight than threshold saying any imports subject to other tariffs will now no longer be eligible for this fast-track process. since 70% of textile and apparel

exports from china already face tariffs this would go a long way towards forcing companies to pay up ecommerce stocks moving on it today. temu's parent company closed down about 2.5% and wayfair up almost 6% and etsy up 7.5% this comes during china week most bills including on evs unlikely to go anywhere. the biosecure act pushes companies to stop doing business with chinese biot ttechbiotechs that could have legs and we'll be watching. >> thanks. and bringing in dewardric o'neal a partner and great havy with us a lot of bills not likely to go anywhere the signal is clear to china i wonder how you think what the chinese response will be

ither in a harris or trump administration appears they will both be hawkish on china and there will be barriers to trade put up >> good to see you, melissa. thanks for having me you're right chinese won't be happy about what was largely china week. it was a messaging week and the message is clear here. that is there is still a restrictive and increasingly more restrictive environment with respect to trade and economic engagement with china we know that the chinese foreign minister has raised some of these issues with his counterpart. we know that this is something that they are likely going to figure out a way to hit back on, if any of these bills actually become law, but you know, the important part here, melissa is, these would be laws. not policies that are going to change with the trump or with the harris administration. so when you're deal wig congress

and legislation, i say to people, pay attention. because this does not move with the policy whimming once it becomes law. it is set as the law of land i think for china legislation in particular is a big challenge, because this cannot be undone with some policy conversations, with whatever the administration is. >> dewardric, great to have you. paying attention i'm sure american companies most affected by temu and shein are paying attention curious if the dollar trees and dollar gens talk about how their business is disrupted almost destroyed by not only inflation and whatnot here but by a flood of imports from china. are u.s. companies active here in d.c.? and are they helping to fuel the fire because ultimately these constituents in washington end up going back home to companies that have headquarters in very important states >> yeah. this is a very good point, tim

i think many in washington will say, changing this rule is long overdue. that this rule was no lever fit for purpose. put in place to try to reduce administration protections of board whir these were low-cost and low-volume packages coming into the u.s if you believe they are coming out of the u.s. government, in 2023 we saw over a billion of these packages flooding on to the market and temu and shein, the two companies in particular, who had taken advantage of this, have damaged i would say a lot of u.s. consumers, but to your point, this is not just going to impact temu and shein. there are other companies. third-party sellers on amazon that could be impacted from the closure of his particular loophole there's a 30 to 60-day comment period tim, i'll be watching carefully to see what u.s. business are saying they would like to see

this rule softened a bit so it doesn't impact them, but the main target here were the two big chinese ecommerce giants that are really crushing it. >> and dewardric what about the biosecure act? unlike oh proposals this doesn't go after an industry per se. actually names chinese companies. a real departure putting aside tiktok being specifically called out. i wonder if this will anger the chinese even more? chinese government and perhaps get them to start naming names that they want to persecute? >> yeah. i think we're in some uncharted waters here, melissa in terms of what the action/reaccess cycle can be china will always, saw it during the trump era with 301 tariffs be careful not to harm their long-term interests and how they respond. they may find ways, direct or indirect as we talked about

asymmetrically to hit back on what they see as an attack on very specific chinese companies within the biosecure act i think it's up in the air they know this is not going to become law anytime soon. this stuff will literally wait for a lame duck, see if it can be rolled into an omnibus package end of the year. hold back if indeed this becomes law. >> thank you for joining us. no matter how you slice it all of these acts imply higher costs, if you're bringing things here putting more tariffs on things if you're expecting consumers to pay taxes on the $2 beads they're ordering on temu it's more money. costs more money. >> it is you really have to weigh the affect on the consumer clearly front and center for the fed and unemployment and whether

enact protectionism making sure jobs stay here locally a bit of a balancing act tim mentioned. you have alternative dollar tree, dollar general and low-priced retailer. coming up, just found the ultimate trade a defensive play and benefits from the a.i. surge. get out of town, you say 's best performing sector in the market this year can it seemingly run on stoppable? that's next. a twist of america's favorite game. how you can play the big biotech moves. don't go anywhere. "fast money's" back in two. ardl help you find and unlock opportunities in the market. e*trade from morgan stanley

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the totally torqued-out crossover. welcome back to "fast money. utilities hitting a fesh all-time high bringing gains for the year up to 23% makes it the best performing sector so far in 2024. games on one hand as investors see utilities as a defensive play and on the other as it gets a boost from growing demand for a.i. data centers. seems like a win-win trade you always win with utilities. tim, do you believe that >> you don't always win and certainly a period where two years ago worried about not just inflation truly worried about cost structure and dead burden and inability to meet a lot of infrastructure a lot of that needs rebuilt.

significant cost to that ultimately there are some utilities that are under pressure if you look at the xlu and this all-time move come with dynamic interest rate sensitivity and also companies with rates moving lower. obviously dividend why people always own utilities gets more attractive a number of companies, mentioned southern company enormous exposure to the upside that comes from the demand and their exposure to data center infrastructure. >> carter, how does the chart look >> yeah. a couple things. in terms of, key point you made, about the total return right? if were you to go back say to the dotcom peak, utilities trailed the s&p substantially. s&p up 275 utilities maybe up 150 since the dotcom peak total returns in utilities, dead even. think about that 24 years total return utilities, total run of the s&p

dead even. dp just as well in utilities humbling utilities go -- >> i know! >> all the striving to find these rates, to be fair, find a great winner and can get 10x with a great tech stock but long term dividends are half the total return and in anyone's portfolio and you want to have utilities. >> and coming up from obesity to oncology a huge week fo buy biotech is in the news more "fast money" coming up.

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welcome back to "fast money. pandemic winner biotech gaining oe 17%. experimental lung cancer drug and speaking of summit therapeutics shares up again today up more than 160% over the last five days not all biopharma names are surging. closing out, others closing out in the red and trading or fading this week's action. great to see you start off with summit here i mean, keytruda, amazing but worth the gains seen this week

>> great to see you, too i'm not sure i'd be buying the stock here incredible move over just a five-day period. a tough biotech knock if you exclude amgen and bilgilead not in love with it here got to take profit considering this is nearly a $25 billion company now. data is great. got to run a phase three rile h trial in the united states and europe not a commercial drug for a while. take profit here obviously a great story. over 100% gain in a week is pretty amazing. >> what about keytruda bio similar in 2028 and if it comes to market, lower alternatives. does that change the market in which they launched the new drug >> for sure. this is something we kind of try

to keep tabs on just given the competitive dynamics in oncology, but merck will lose exclusivity in 2028 or '29 and given that, we're going to see price degradation. there are going to be competitors here a lot of interest comes down to data summit says that the pd1 is better than keytruda if it winds up being so maybe there's an angle there or edge they can kind of maneuver to taking market share, but we'll see. a lot of moving parts obviously. >> all right bio and tech similar therapy, therapeutics. what can you compare >> this is complex right? finally moving past the pandemic with this stock, i think i mean, it's been a vaccine play since 2020 did a great job along with

pfizer getting that product to market, but now, yes kind of a summit comp. you have a situation here where you've got a therapy and plus -- running at least a dozen trials as we speak across different tumor types, and reason i think this one continues to work is that the enterprise value is just around $10 billion. which is less than half of summit just going to play a market cap gain here, which i think a lot of bio tech investors will do, stock goes up from here. >> is mark a buy here? >> oh, man this is a tricky one i'm staying way from it for now ban because of the gardasil issues they presented the street with on the second quarter call don't really seem to be ironed out. now a keytruda risk we knew about but tightened given the sunlt and other io plays not sure what they'll do from a

business development standpoint. everyone is keyed in on. have to be more aggressive i believe to combat some of the exclusivity issues to me it's kind of a hold here i'm not sure i don't love it at this price. i would like to see some progress with gardasil kind of just staying neutral. >> quick, novo everybody was excited about amycretin, oral obesity, manufacturing could be tricky here so should we be excited based on this or need more evidence it can be manufactured at scape scale? >> that's the question i think they'll figure it out over time. i know it's a peptide technology, difficult to manufacture at scale they do have another oral which is a ka nab noyd receptor. data coming within weeks may month. another oral weight loss drug acquired last year they seem excited about. layer that on top of amycretin

which will get better in time in terms of ability to figure out logistics. i think novo is a buy. as we look into next year in great position plus alzheimer's disease data about a year from now. stock is great. >> jared, thanks good to see you. up next, "final trades." business. it's not a nine-to-five proposition. it's all day and into the night. it's all the things that keep this world turning. it's the go-tos that keep us going. the places we cheer. trust. hang out. and check in. they all choose the advanced network solutions and round the clock partnership from comcast business. powering more businesses than anyone. powering possibilities.

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crowdstrike, given how many pulled back. my indication to buy. >> weighted. >> all right carter >> gold, silver precious metals and mining stocks associated with them. thank you for watching "fast money. see you back here monday at 5:00 for more >> my mission is simple to make you money. i am 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. >> i am kramer. i am just trying to make you a little money. my job is not just entertain but educate and teach you, at last, the economy slowed enough that the fed could