oracle is lower after a mixed quarter, and those shares down about 6% now. tom siebel telling us earlier that everything went right for the quarter and apparently wall >> yeah, mongo interesting, too. >> mongo is interesting, too. >> that's going to do it for us at overover. >> "fast money" starts now. what goes up, some of the year's biggest high fliers making notable moves lower today. what do these reversals say about the market rally and where loim could be in the new year. plus, new hopes for stimulus in china, sending etfs soaring today. is it just the beginning? and later, oracle on the move after its latest earnings report. the chart master says it's time to buy honeywell. and how a.i. algorithms

could be effecting the insurance company. >> i'm melissa lee, coming to you live from the nasdaq in wall street. on a day where major averages fell modestly, we start with the outsized losses in a number of this year's hottest stocks. palantir falling 5%, as they expanded its a.i. partnership with the u.s. government. palantir still the best performing in the s&p this year. number two on the list, vistra energy, pulling back over 7% today. it's been rallying on surging power demand. cava dropping 12% after a major insiders share sale. and sweet green down. and that's not all. applovin down 15%, after being passed over for inclusion in the s&p 500, though still up a whopping 760% year to date. and even apollo global management which is slated to join the index later this month,

closed 3% lower after hitting a record early in the session. so, what are these reversals signaling to you, dan, i'll start off with you, because you raised some issues during our call. >> yeah, i did. and i'll say this, as our chief salad correspondent here, i think it's the cava and the sweet green, which were really interesting to me today. they were both up 200% and reversed 13% off of the high, closing down that much. you know, if you get to this point of the year after the sort of gains that we had across the board, and you're willing to actually take profits and pay taxes this year, it says something about some of the gains. it says something about where investors, at least in the growth trade, are starting to focus in next year. the one that really stuck out to me, forget the tech stuff. it was apollo. we started the day, it was announced that they and workday are going into the s&p 500. you'll see the rush by indexers. it gapped up.

and the fact that it reversed and closed down on the day from an all-time high, this is a stock up 85%. the idea that -- listen, this is a great company, you know what i mean? this is, like, the goldman sachs of pry vault equity. everybody wants to be them. but the fact that it closed on the low like that, it is says something to me about industrial appetite. >> palantir is the one. and it's the time of season -- that acronym -- >> coming in january. >> if you recall, mine was the hope today, and p was palantir, in the hope trade, and it didn't work out particularly well, but now it's starting to flex its muscles a little bit. today at one point, at its all-time high this was a company trading about $175 billion of market cap on top of about $3.5 billion in revenue next year. it's about 50 times revenue. it's obscene, the valuations it' trading at. but the reversal today on more than two times normal volume cannot be ignored. it's reminiscent of what we saw of nvidia in march and june. i think this can sift its way

into the broader market. >> back to apollo, that was also on heavy volume. so, technically, is that -- >> i mean, that's the view. and it's the precondition before an intraday reversal which is extreme strength, that seems almost unbelievable. and then at some point, it's -- no one can no what day, what particular hour. you get what is known as a reversal which is an intraday event that actually not only undermines the previous strength, but calls into question all of the eceding dales and weeks. so, think about anything mid -- think about horse racing, right? if you two out too fast, people who spent a lot of money gambling on horses, if the horse comes out too fast, it's too fast on the first or second turn, it's over. they've expended too much energy. that horse fades and goes to the back. these stocks are the most popular, the most in flows. and that's usually when it's right to start to question, is there anything more? and it's not random. they all did the same thing. >> is there anything more in

your view, courtney you seeing this group of stocks sort of -- not key versals for all of them, but some. >> the investors, we talked about the animal stir rilts s about the animal stir rilts pi after the election, we're not seeing it all right now. there are $6.7 trillion in money markets right now, which is showing that people still are just not ready to put everything to work. so, i think some f this profit taking is perfectly normal. but there's probably more room for the upside here, because you're not seeing that euphoria and people are just throwing their oney at things. yes, that risk appetite is on, but people aren't, you know, off to the races yet. that's probably going to continue to go here. >> i see there is a problem, though. if the animal spirits don't materialize the way a lot of folks do into the new year, all the crap that's been rallying, because it's been a catchup trade, so, if you weren't participating -- and last week, and i do not think this is bullish behavior, when you see snowflake up 35%, you see a

marvel up 20%, you know, that, to me, is -- is, you know, it's kind of startling that people are willing to buy those stocks up that much after they put together a good quarter that was unexpected or something like that. so, i think there's a lot of bizarre crypto's in there. there's no fear in some of those names. and some of them that aren't particularly high quality. i'm not saying palantir is not high quality, but this was a $175 billion market cap at hope today. you can do that math. and they're very concentrated as it relates to department of defense and intelligence and the like here, so, to me, i don't know if that's lum pill or not, but it just seems like that, if you're dependent on the government and trading at that valuation, that doesn't make a lot of sense to me. >> lumpy. >> uh-huh. lumpy. >> mashed poe day taupes? no, no. >> leave it to beaver. >> in scrooged. remember? bill murray was called lumpy. >> leave it to beaver? >> dan brings up good points

about palantir. founds like something i heard a few minutes prior. >> did you just say that? >> i wasn't listening. sometimes we don't listen. >> i hope you out there, though, are listening to all of us. >> if they tune in late, they caught it. >> sorry. >> the vix was interesting tea. understanding it's coming off a low base, but that move in the vix today should be eye opening. closed over 14 on what was, yeah, a down day on the market, but not entirely panic-stricken. so, you have to watch that, as well. >> another extended name that's in a different category, walmart, up some 80% plus, reversed down 2%. it wasn't just these high flying dream stocks, if you will. it's amazing, think about cava. they have hummus. they must be a genius. walmart's not that. walmart is a serious business, not to say that cava isn't, but the point is walmart also

reversed. so, a lot of big extended names are vulnerable. >> so, when you patch this together, what does this indicate to you -- >> the question is, i think -- there's consensus and rightly so, that this is a good period seasonally to be long. people don't want to book the gains, take the taxes. and money flow is there and so people typically run things until the end of the year. but that is not -- that's not a strategy. that's not a thesis. okay maybe, but maybe not. consensus, it's just fine, it's going to be fine. markets reverse for no reason and perhaps today's an important day. it wasn't a big day for the market. but it was a big day for where the fever is really high. >> uh-huh. >> and fever broke. >> are you looking toll pare any gains at this point? >> i think what's happening right now, if you haven't made changes this year, people are say, things are doing well, i don't need to take profits, but if you are in indexes or mutual funds, all of those tech companies are doing really well and you are overexposed to

those, that is something that we're looking at. probably time to take some profits, but a lot of people don't necessarily have to take the profits if you have all this cash on the sidelines and you can use that toll buy more shares. and that's part of what you're seeing in this dynamic. i think you're going -- at some point in time, you're going to see it go back in. >> we haven't mentioned semis yet. so, a lot of the performance that we saw in the the s&p 500, 25% of the gains was nvidia's performance, right? if you look at the tf that tracks it, taiwan semi and nvidia make up 35% of the weight there, and look at what the smh has done since june or july. it's gone sideways. carter makes this point all the time. this is trading where it was in may. so, it's made no progress versus the s and p. the s&p has mad more than 55 new all-time highs this year. i think that's near an all-time high. so, if you're thinking about, what is the leadership into the new year? is it going to be semis, i'm not

sure. is it going to be soft e that just ripped? we've seen multiple expansion in all of these groups without estimates going up. we're looking at a target, 16.5% or so. the s&p would be lucky to have that sort of earnings growth. so, if it comes in at low teens, that's all multiple expansion. and up better have a better view. >> and multiples are not cheap. but the semis, if the technology sector is the most important, and semis have been the most dynamic within the most important and largest, 32%, the faltering in semis, the equal weight semiconductor index peaked until july. all right, speaking of semis, nvidia falling more than 2.5% today after a chinese

regulator opened an investigation into the chip maker for potential violation of the country's anti-monopoly law. this, as china leaders promised more pro active fiscal measures next year to boost the economy. that send shares of jd.com, pdd jumping 7% or more. for more, let's bring in dewar drik mcneil. great to see you. i first want to tackle this nvidia issue, and the probe there. let's be clear, is this retaliation? >> melissa, it will certainly be perceived that way by many here in washington and elsewhere. you know, china has spent several years building out a large toolkit of state craft tools like the anti-monopoly law, the anti-foreign sanctions law, the unreliable entities list. and we're seeing these actions of people being -- companies being added to these lists after the u.s. has taken actions that

china dislike. the perception will be nvidia was added to, or at least the investigation was announced under the anti-monopoly law after the u.s. last week tightened restrictions on semiconductors. we've seen this after the u.s. sold drones to taiwan, and so, i haven't seen the details, there certainly may be some will jilt mat monopoly issues here. this dates back to a 2020 purchase, so, people will wonder, well, what took four years to get us here? lending more credibility to this being a retaliatory action, versus one that's really based on the economic fundamentals of anti-trust. >> it's great to have you here. so, on top of this, the chinese are allowing their currency to weaken in a way we haven't seen in quite some time. jpmorgan said recently, you know what, to come bat tariffs, that's what you're going to do. so, you throw that on top of this mix, and it feels like

things are getting a little dicey between the two countries. >> yeah, i think you're doing a great job here pointing out the -- the depreciation. the question becomes, how can you continue to do that and match, let's say this gets up to 20%, 30%, let alone the 60% that trump is talking about. at some point, you're going to create a situation where capital flight is going to become a real probable. you're going to hit the u.s. with currency manipulation. so, i -- i'm not sure that depreciation is the answer here to address trump tariffs, but certainly, that -- this is something that we're going to have to keep an eye on. >> how do the fiscal measures that china says it's going to take next year factor into this whole -- i mean next year, president trump takes office, next year, all of a sudden, they're going to have more moderate policy? that's no coincidence. >> well, listen, to be fair to

the chinese, they have been talking about the need to address domestic consumption. this is familiar to all of us here. last central economic work conference, last year this time, one of the top things on the list was address domestic consumption. this hasn't happened. so, what i say to people is, the rhetoric is great. the policy that -- that they're ap noups announcing, we have to see what the details are. the diagnosis is right. the problem is correct. it's matching the policy solutions to the problems that you suggested, and implementing this in a way nationally that's effective. and that i have not yet seen, so, i would take a cautious approach and say, let's wait on the details before we jump the gun here on them having finally decided to do something about domestic consumption and the handle deflation. i don't know yet what the details will be, melissa.

>> so, you mentioned they're finally doing something, and i can go back 2 1/2 months and i remember they finally did something there, we had a handful of kind of stimulus measures here. you think about the timing of this, and i know the chinese are meeting right now, and the expectation was they were going to come out with something. does it have anything to do with trump's tough talk versus china, the idea of kind of turning up the trade war a little bit? and then, like, the whole idea that we hear this again and again, really, to them, face is really an important thing, flight so, right? so, the fact that the u.s. is going to accelerate growth, they're going to take the upper hand as it relates to high-end chip manufacturing and design and the like here, does this have anything to do -- we talk about the trump trade, is the chinese response maybe part of that? >> yeah, listen, i think it's fair to say that you can't ignore the trump factor and some of the thinking around what we're likely to see in china from an economic policy standpoint next year. they're not going to be able to

export their way out of this -- this challenge. largely because the china stock is something that the biden administration has been on guard for, and trump will certainly be on guard for this. so, you're going to have to turn to your home market. juice domestic consumption in order to help deal with this. but i will say, dan, that in addition to the trump factor, there are just some will jilt mat issues that china has to deal with for its own economy's sake. the issue of domestic consumption has been on the list for over a year. it was part of the agenda last year for the central economic work conference. long before we knew trump would be president. so, yes, there's some trump in there, but there's also a lot of reasons for china to do this for china. >> dewardric, great to speak with you. >> thank you, melissa. >> interestingly, in response to the possible fiscal stimulus next year, local indices didn't really move, but it was the

kweb, the other stocks international investors are in. >> which makes a lot of sense. carter talked about this last week. the reversals we've seen in these names over the last couple days are really interesting. and alibaba, for example, filled that entire gap that was created on the way up in september. now we filled them. i think that alibaba easily goes back to 100, which is a 50% retracement, but i'm thinking we take out the 120 early next year. >> this is going to continue to be something with the trump administration, there's going to be issues with u.s./china relations. and that's where companies are going to have exposed. you have an nvidia, they already can't sell most of their advanced chips to china. 12% of their revenue is in china. i don't think it's as much of a concern for them. i still like emerging markets in the long run. i think the china aspect of it really takes over the whole, you know, people say, i don't want emerging markets at all, but it's still over 50% of global gdp and only 10% of market cap. there's still a lot of

opportunity there. yes, there's going to be sort term political headlines, but in the long run, you want to take advantage of the opportunities. >> the move in fxi has been hysterical. the biggest in flows on record in october, biggest outflows in november. people just moving, chasing, and the momentum is a great thing, unless you get caught the wrong way and popping today. >> one of the most interesting things i saw in reaction to the china news was evs. they were raging today. and, you know, tesla opened up, it closed lower. so, that is really interesting that those stocks were waiting for this sort of reaction, this sort of kind of -- they haven't even done the lower interest rate thing and i think that probably really helps. coming up, a number of big afterhours movers. oracle, toll and more. details next. plus, major developments in the united health care ceo murder investigation and the slaying stirring up a lot of anger about insurance industry practices.

technology algos and a.i. may be supercharging claim denials. "fast money" is back in two.

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hours. the software companies reporting earnings just short of estimates. let's get to seema mody with the details. >> hey, melissa. oracle's ceo says gpu consumption is over 300% year over year, and that she adds that oracle is delivering the largest and fastest a.i. super computing scaling, up to 65,000 gpus, which is basically this powerful data center that oracle is building to run complex a.i. models, customers including openai and microsoft. the chairman just right now chiming in, saying that the use cases really span across health care and agriculture. also touting the success of oracle's cloud business, which she says is faster and cheaper

than its competitors, and revenue growth is expect ed accelerate. shares of oracle down 7% in afterhours, after hitting an all-time high in today's trade. it's up 70% so far this year, melissa. >> seema, thank you. seema mody. and this, again, fits into that category of reversals of darlings for the year. all-time high today, heavy volume, didn't close at lows, but here we are in the afterhours session. >> this was at 2:33, what do you think of oracle, incoming manager reports steady as she goes or getting topee py is wha wrote. i'm a seller. >> double digit gains on the back of all those quarters. >> quarter was fine. when you are trading at the valuation it's trading at, you're going to get whacked. and there's some unfilled gaps. they have something called rpos, which is remaining performance obligations. they were up 29% over $80 billion. it's all there. cloud business is growing year

over year in a meaningful way. the valuation is a problem. if you don't beat and raise, you're going to get whacked. i don't think the level to buy is 178. >> this is simply a high bar that was set. they are really well positioned here in the a.i. story. data center, 162 currently, they need to get upwards of 1,000. just to meet demand. i mean, long-term, they really have a lot of opportunity there. when they were up almost 80% going into this reading here, i mean, i think you are just setting up for, you know, a high bar, unfortunately. >> yeah, talking about gpu consumption, and i look at that, i look at kind of revenue growth and the cloud space, and i say to myself, it comes in line, so, talking about a story here, lowest price provider, they miss on operating margins. to me, it seems a little messy. you better hope that those contracts come in. you better hope that pricing stays the way it is or gets better, and that is a supply/demand situation. again, i could put valuation there, price action there, i'll probably reiterate what you just said, because that's what i'm doing today. >> repeating everything.

>> repeating everything my smart copanelists have been saying. it seems messy. to open up the all-time high, reverse, close down 5% or so, and then have another 7%, in's no reason to step in and buy any of these stocks. coming up-afterhours action to bring you. toll brothers, vail resorts reports results. the stock moves and what you need to know, next. plus a spotlight on the insurance industry, as the investigation into the murder of the united health care ceo continues to unfold. the latest details and how the surge in a.i. is impacting the way insurance claims are approved or denied. you're watching "fast money," live from the nasdaq market site in times square. back right after this. your travel itineraries are so well written, they're on the best seller list. and you have access to lounges that don't officially exist. that's why you rent with national, where you can skip the counter

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welcome back to "fast money." toll brothers on the move, beating street expectations for its latest quarter. diana olick has all the numbers. >> yeah, beat on the top and bottom lines despite mortgage rates shooter higher during the fourth quarter. home deliveries increased 25% year over year. the ceo wrote in the release since the start of our fiscal 2025 six weeks ago, we have seen strong demand, which is

encouraging. he added that last year reincreased community count by 10% and are targeting a similar increase in fiscal 2025. toll is the luxury builder, so, not as rate dependent as other builders. the average price of a toll home is just over a million dollars. the big gain in the stock market may have had a bigger impact to the upside than morning rates did to the downside. toll is also broadening its product lines, price points, and ies in its increasing spec sales. melissa? >> all right, diana, thank you. diana olick. toll's an interesting one, also a strong stock for the year. >> yeah, it is, and this is going to be the last one in the home builder space to feel if things do sort of get softener the economy, given where their price points are. but they're not going to be -- they're not going to be insulated from it, either. so, you look at this, it was an eps beat. people a little concerned about some of the metrics around it. i can understand why people are

starting to take money off the table in these home builders. especially if you think, for the lower end guys, interest rates will continue to go higher. >> i would just mention some of the folks that play into this trade. if $1 million is kind of the average price for a toll, i don't know if you saw, guy mentioned it earlier, the restoration harold dware, makinw highs, whirlpool, huge gains today. >> walmart. >> yeah, you're walmart. but that reversed, didn't walmart reverse? >> yeah, that's what carter mentioned earlier. >> are you here tonight? >> i didn't say walmart. >> that -- i know, i -- >> did any of you guys say rh or whirlpool? >> no. >> you are doing a great job, tonight tonight, don't.an. don't worry about it. in terms of being worried about the higher end consumer? >> yeah, i understand that interest rates are not coming down, but there are just not enough homes to go around. it's going to take years, because they stopped building after '08, now there's too many people looking to buy homes. toll brothers is a little more

insulated. they have higher end consumers, so think of the baby boomers, the empty nesters. they actually don't have as much exposure to the new entry of homes because it's higher priced. that's where the demand is now. you are getting the lower income, the younger consumers that are looking for entry level, they're just not in there. >> yeah, also, of course, as we mentioned, a great area of the market in terms of strength, but relative performance has been stalling for weeks and weaks. here we are again mid-december. coming up, major developments in the united health care ceo murder investigation. a person of interest now in police custody. the latest on that and how the murder's put the spotlight of the industry's practice of denying or approving claims. more "fast money" in two. missed a moment of "fast?" catch us any time on the go. 'rbaston" dct. meypoas wee ck right after this.

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where you can skip the counter and choose any vehicle on the emerald aisle. because travel isn't a competition. except that it is. and you're winning. welcome back to "fast money." stocks pulling back from records to kick off the week. the dow falling 240 points. the s&p and nasdaq down 0.6%.

twoed a two ad agencies merger. the deal is expected to close in the second half of next year. shares of apple hits another record high. shares up 28% this year. and some afterhours action, vail resorts on the move after reporting revenues that beat estimates. c3.ai and mongodb up, as well. eli lilly announcing a new $15 billion share repurchase program, as well as a 15% increase in quarterly dividend. well, a person of interest in the murder of united health care ceo now in custody. police arresting 26-year-old luigi mangione. the new york police department says he is being held nearal toon that, pennsylvania, after being spotted by a local mcdonald's employee. brian thompson was shot and killed in manhattan last wednesday. authorities have not given a motive yet, but the murder comes as insurance companies rely more

and more on technology, specifically artificial intelligence to process claims. dr. ashish jha joins us now with more. thank you for being with us. we do appreciate it. we talk about typically on this show, a.i. is being great for corporate america, it saves a lot of money, it costs down on cost, et cetera. for the insurance industry, what are we seen so far? because it is still early days in terms of the impact. >> thank you for having me. it is early days, and insurance companies are using this technology to do a lot more denials, a lot of inappropriate denials. some data that suggests that 25% to 30% of claims may be getting denied using a.i. technology. so, it's a real challenge. >> how do we actually know that it's causing an increase in denials? those numbers aren't readily available, and part of the affordable care act allows federal regulators to collect that information, but in large part, that information hasn't

been collected, so, how do we know this is actually causing a spike in denials? >> it's a great question. certainly, anecdotally we hear this from doctors and patients, as well, and really caused a lot more frustration. we hear it from health systems. i think it's important that companies report this data. what proportion of claims are they denying? transparent si is going to be very, very important here. >> the important thing to understand also about the use of a.i. and we know this from the use in other industries is that it's only as good as the data you put in. and so, for the insurance industry, what sort of data is being put in there? because you think about a.i. models, and the potential is they have denied certain amounts of claims, so, that perpetuates those denials perhaps biases when it comes to race and gender. >> yeah, exactly. and so, look. in the past, when you denied claims based on really expensive drug for which there was a cheaper alternative or expensive treatment, that made sense, or, at least it was reasonable to do. the way these models are getting

built, we know very little about it. what we're seeing is a lot more denials, including denials of things that are obviously necessary services. and so, that is, i think what is causing so much friction in the system, and so much frustration for doctors and patients. >> do you think a.i. is -- and i hate to ask this question, because it is so early in sort of the a.i. impact on any industry at this point, but a.i. uses historical data, do you think it's agile enough in the medical industry to actually say, you know what? we can approve this medicine, because it is better and it's new. >> yeah, it's a great question. my view is, over time, these models will get better, as long as we're focused on trying to make them better. a.i. can be used to make sure care is more appropriate, that unnecessary stuff isn't being done. it's just not how insurance companies are using it right now. right now, they're using it to try to denial a lot more things with the hope they're going to be able to spend less money on health care. it's causing a lot of side effects, as it were.

over time, i hope the models get better. >> do you think this is going to be the moment that we look back on, you know, this moment in time here, with the tragic killing of this ceo, when we actually took this moment to try and address some of the issues in the health care industry? >> yeah, well, first and foremost, this murder was completely horrible, unjustified, and i hope that we see this nothing but evil. that said, it has sparked a national conversation, i think insurance companies have to do a better job of focusing on these issues. and to the extent that it might lead to some policy action, that would be a good thing. again, the murder itself is terrible, but i am hoping that maybe we can see some more reforms in this industry. >> you have worked in the government during the covid pandemic, and so i'm wondering, if you were to advice lawmakers, advise whatever agencies, hhs, so, what to look into in the insurance industry, what would

that be from 2 the consumer standpoint? >> i think we just need a lot manufacture transparency. we don't know what proportion of claims are being denied is a huge problem. i think companies should be transparent about, what are they denying? why? what models are you using? i think all of that would be extremely helpful, would create incentive to make better models, and for people to be much more appropriate in how they do denials. that's all stuff government regulators can demand. >> dr. jha, thank you so much for your time. we do appreciate it. >> thank you. >> dr. ashish jha of brown. we ask all these questions because we wonder what is going to be the lasting impact on the insurance agency. all these things that need to be done that are cited, potential additional regulatory overhang on this industry. >> absolutely an overhang, without question. potentially a headwind. but there's a reason why warren

buffett bought geico when he did. if you pull up a cb chart, for example, there's a reason why this is lower evident, er left. so, it's an incredible business that potentially could have the existential risk, but i don't think it's imminent. >> if you are unfortunate enough to have somebody who has a chronic illness in your life, you will recognize that this is exactly the sort of experience that you have, you are denied coverage, you are denied medicine, treatments, that sort of thing and it's very frustrating. when you think about the idea of adding a.i. into this, this is a very personal thing for the folks that are suffering from this sort of stuff and need this treatment and it's being done in a very impersonal way. so, let's hope there is some change and something good comes out of a horrible incident. and, you know, maybe it is policy, i would be surprised under this new administration if that comes, but maybe some companies recognize the fact they can do better. >> impersonal, literally. it is being done by a machine that has been programmed and doesn't necessarily have the

oversight of a human being, or that human being is a doctor who isn't necessarily as familiar with that particular patient's experience and needs. >> yeah, and i think this is where we talk a lot about a.i., and there's a lot of pros about it, but obviously there are going to be cons. we are just now getting this figured out. i don't know if the implication is, do the insurance companies know that more claims are getting denied, or are they relying on a.i. more than they should? i don't know. but those questions have to be asked, and will i affect bottom lines, it is quite possible. coming up, warner brothers discovery shares, they are jumping after inking a major deal that pave the way for growth. details next. plus, is this long-term laggard ready to break out? what the chart master is seeing in honeywell's technicals, right after this. more "fast money" in two.

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welcome back to "fast money." some media moves in today's six. comcast and warner brothers dollars coverry inking a new distribution deal and settling a dispute over harry potter rights. julia boorstin has the details. hi, julia. >> comcast and warner brothers discovery announcing a renewed

and expanded global distribution deal. comcast will be able to bundle max and discovery plus in its streaming bundles, plus the deal now includes an ad-supported max app when the service launching in the uk and ireland until early 2026. warner brother is dollars coverry shares were higher, but then ended the day down fractionally. comcast shares, though, plummeted, down 9.5%, after comcast cable ceo said that the global media and communications conference that the broadband business would face similar challenges in the fourth quarter as it did in the first half of this year, saying that in the fourth quarter, they could just over 100,000 broadband subscriber losses, in part due to an impact from the hurricanes. watson noting broadband competition remains intense, and that improvement seen in the third quarter would not be continuing this quarter. shares of rival charter also fell 9% on those comments. watson did note that comcast is

the nation's largest internet service provider with 32 million subscribers and they're growing average revenue per user. they said they are one of the fastest grows wireless companies. melissa? >> julia, thank you. what do you make of this? >> i have to tell you something, the reversal in wbd today, traded -- almost $11.50 today, closed unchanged to absolutely lower. this, if i recall correctly, this was a bearish to bullish reversal awhile ago. but when you see a move like this, it leads you to believe that maybe that portion of the trade is over, so -- take this one, i think, and tread lightly. >> yeah, big move, up 70% off its low and far above the 100-day. it's made the turn. a little rich, trim, take profits. >> yeah. how about you? >> it's a tough business. cord cutting is early going to continue to be a problem. you need to see that streaming platform and the content to continue to have the subscribers there. it does cannibalize some of

their customers in the short-term. but i think there's a lot of headwind. >> this is such a confusing, like, scenario here. no one knows where these services are. they need to get rebundled. when you see these deals and these stocks both trade down, i know there's other stuff going on at comcast, but the next piece of news is somebody like apple just rolling them all up and giving you, like, a, you know, like the cable companies did before, without the cable boxes. >> who wants to have five different streaming services, which i'm sure some people have. i know guy, you don't stream anything. >> no, and i wanted to watch the ranger game friday night. because i'm a fan. and, you know, jacob trouba got traded. and i couldn't -- i won't use the vernacular, but i had to find, like, the hulu thing and espn -- it was a nightmare for somebody like me. it's infuriating. i got this e there early second. you don't care. >> i do care. >> you don't. but it's madness. >> you have to download and app from msg plus, it's $29.99

moobt. to watch the knicks and -- >> 30 bucks a month? >> to watch the knicks and the rangers. how does comcast's chart look, carter, asking for a friend? >> a little less well today. but here's something that's just been a long-standing kind of so what, not really working. i would -- whatever. yeah. just would -- >> keep it in your 401(k). >> tell me. i want to know. >> i guess -- does it look as though it's imminently at risk of really getting weaker? no, but there's no life to it. coming up, a sweet buy call from the chart master. why you can catch more flies with these technicals. that ne amahead. more "fast money" in two.

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welcome back to "fast money." honeywell lagging the broader industrial sector this year, but the chart master out with a note this morning says it is prime for a pop. so, let's turn to him now for the details, carter. >> all right, so, this is not exciting, right? honeywell, old line, sort of industrial, about a third aerospace and other divisions. they are into building and so forth. but a laggard is either a problem or an opportunity. and if you have the setup of

long and pronounced underperformance, cent outperformance, that's what you have here. you have the prospects of something good. you have s&p and you have the industrial sector, and then of course they're bringing up the rear. basically unchanged over the past four years. let's look at it a different way. two charts coming up and they're identical. these are two panel. honeywell at the top. it's been going up since the covid low, but relative performance to the market, of course, going straight down and to its sector. let's it rate this a different way. and what i think is coming here is that we're going to break out on an absolute basic, and you get a move up and out of that downtrend line on the relative performance. finally, just the last chart, playing for a breakout. now, do all stocks that are toying with past highs break out? of course not. but we play the cards as they're dealt. you play breakouts and after that, you take a chance.

>> that's a word that is -- >> i won't repeat that word, because i have no idea what it means. >> guy? >> so, from 2020, to pull carter's chart, it's an uptrend, and over the last year and a half, two years, a series of higher highs and higher lows. if louise yamata is here -- >> because we have carter here. >> she would say, bigger space -- >> longer the space, higher in space. >> 232, carter, is that the prior high from the fall of 2021? it's going to take it out. i'm with carter on this one. >> industrials? >> i agree. i think there's a lot of optimism here when you look at this stock, but this is also something where there's a lot of talk of m&a activity with the new administration. if it doesn't hit the new highs, it could be a company where the sum of the parts is higher than the company as a whole. there's a lot of opportunities there to go higher. >> industrials overall, is that a terrible chart or is this just relative strength versus the

sector? >> no -- well, honeywell has been terrible, that's the opportunity. but industrials relative to the s&p, they're running at a higher correlation. and a few big names have dominated. >> boeing gets drag into the mix. that's probably part of this whole thing, but you know, very quietly, boeing is seemingly stopped going lower on news and the news really -- the news cycle hasn't been there for them. >> time has come. >> i think so. i mean -- what do you do? dan likes dogs of the dow? >> i love it. >> that could -- >> by the way, what courtney just mentioned honeywell and m&a, she was in grade school when ge tried to buy honeywell, it was a disaster. just saying. >> all right. she is the younger panelist. >> that's what i meant. she should be flattered by that. >> she should be, absolutely. we're all -- >> not you. you're fine. >> we're all old. up next, final trades.

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time for the final trade, let's go around the horn. carter? >> honeywell. buy it for a breakout. >> courtney? >> the home builders. i think i'd continue to take a look, even with higher rates here, xhb is the way to play it. >> build your dreams. byd. >> is that what it stands for? >> largest ev market share in china. they're killing it right there. i think they lower rates, i think this goes higher. lower rates, byd higher. >> i did not know that.

>> perplexity just told me that. >> guy? >> i mean, it's crazy, right? fun show, though, for a monday night. >> it was all right. >> it was raining out. ah, gold, it's barrick gold, melissa lee. >> thank you for watching "fast money." "mad money" starts right now. monday. "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's always a bull mark somewhere, and i promise to help you find it. "mad money" starts now." hey, i'm cramer. welcome to "mad money" welcome to cramerica. some want to make friend, i'm just trying to save you money. call me at 800-743-cnbc or tweet me @jimcramer. it used to be a big deal to reach the