also last week mike and carter worth bet against coca-cola.ere's what they said. >> to me this looks like a fairly major topping out formation. i think we break this trend. i'm a seller of coke. >> as people move away from the core products. i think what we're seeing technically is an indication that people think that the fundamentals are likely to follow suit as a result of those head winds. my trade there simply is to look to april, by the put spread. >> carter's in london this week, but he did send us a postcard by sticking by his call. and it says, the stock hasn't changed and as such our thesis hasn't changed. a bearish chart pattern, plain and simple. and speaking of bearishness, it is telling in a strong week for the s&p 500 coke is virtually unchanged. not good. mike, you agree with your friend carter? >> absolutely. i was surprised by the positive result to the earnings which i thought were tepid at best. a turnaround against coke. we didn't see that. >> we did see them beat expectations. >> lower expectations. what we continue to see

coca-cola, betting big on milk. could a new premium line be the soda giant's next big billion-dollar franchise? ♪ >> the euro is down againstpite data showing exciting growth in germany, greece still clearly a concern. brent crude and west testis -- west texas intermediate are down today. gold advanced for the first time in three days after china announced it would cut its reserve ratio by 50 basis points reducing the amount of cash lenders must set aside as reserves. let's get back to bringing you the most important stories you need to know before the bell. olivia sterns and alec sherman joining me. coca-cola, trying something different. they are tried water, juices, coffee. what about this? milk. fair life milk. would you buy it? >> i would buy it. i also drink things like almond milk. i'm part of that weird alternative milk crowd. people are tricking less and less soda. people are tricking less cows milk so it makes total sense. >> cope milk. -- coke milk yummy. >> would you feed it to your kids? >> i would. >> coca-cola is facing the same kind of problem you see with mcdonald's which is that type of food or drink is no