. >> shares of seagate sinking. dr. j owns the calls. >> i did yesterday. i'm out of this one.y were buying puts going into this one. i didn't, i was not long puts into it unfortunately. but i'm not selling puts into this big decline. normally, i would just as you said at the top of the show. i'm not doing that. i think it's got more room to go. they lowered guidance and missed sales in a big way. if it breaks 40, that's when -- >> is this applicable to wdc? >> could be and solid state drives as well as these hard drives. anybody with storage. that's been a focus area and the ones that are winning are wdc more so than seagate. >> i invite you to sell puts on that. >> please. please. it's down 3% by the way today. wdc is. northrop. weiss. >> look, i think you got to be in this sector. i own oa, 18 k, aerospace, defense, it's a great sector, they'll do well, but budget is going to be more. nobody's disagreeing with that. many military, we need it. did a great b job. it's a great company. >> proctor and gamble missing due to a stronger dollar. courtney owns the stock. what do you

not a seagate, but it could be a boeing, just to use the analogy. >> not going to be a seagate. >> see>> yeah. boeing. okay. >> i think it will be hard. i just think these are issues that don't just get done. i don't know why anyone just thinks they get done. even with reagan. they didn't just get done. they'd recapture for every few months. that had to do with real estate. >> we'll get "stop trading" with jim in a moment. the dow is up 26 points, a lot to get to. don't go away. and the wolf huffed and puffed... like you do sometimes, grandpa? well, when you have copd, it can be hard to breathe. it can be hard to get air out, which can make it hard to get air in. so i talked to my doctor. she said... symbicort could help you breathe better, starting within 5 minutes. symbicort doesn't replace a rescue inhaler for sudden symptoms. symbicort helps provide significant improvement of your lung function. symbicort is for copd, including chronic bronchitis and emphysema. it should not be taken more than twice a day. symbicort contains formoterol. medicines like formoterol increase the risk o

we saw seagate down 16, 17%. there was shooting versus asking questions later. we don't have 10% up in the $400 $500 dollar name. we seen them in the past. they opened up in an all time high. >> who is the buyer other than david seaburg? >> well the thing ability amazon that's interesting. they have massive investment in infrastructure and hardware. so do they need to continue to invest that they had? i think they do. >> would you rather, amazon on google? >> amazon. >> hands down? >> that's a good question. >> why? >> again i believe in the platform, i think they're investing correctly. there are overhang issues. i think google looks cheap. i think it will perform well, i think amazon will outperform them. >> the regulatory issues. >> they are referencing the android. there's more issues. you want to talk about someone with a targeted on their back. so. >> when i think about this whole space with egot these massive guys dominating and pushing guys out of tear business, including face boong and google. they control commerce, period. to me, amazon, you talked abo

trades on seagate, western digital, toll brothers, yelp, disney. maybe even another one.arl, we'll see you in a bit. >> thank you very much. let's get to the cme group and check in with rick santelli and hope he's okay. >> i see everything in a new light now. i'll tell you what, it's so fascinating to listen to mark olson, former fed governor, and title then and title of this piece. reducing the fed balance sheet. kind of what it means. we all think we know what it means. many of my compadres on the floor say, listen, just talk and you can see the way the market respo responded, it's okay with it. we don't know for sure. mark olson brought up great points. first of all on the issue of maturity. the fed has a couple hundred billion of securities that are maturing in less than a year. what he said was, boy, plenty of firepower. what does he mean by that? if you don't reinvest proceeds and things are dropping off because their life is no longer than a year, boy, you could make some big reductions quick. that is an interesting aspect to this. the other interesting aspect that

higher following a trucking merger. .e also have seagate a little higher earlier, but still finishinge top 10. on the bottom of the board, some chip stocks lower, including micron. it appears there are some bearish comments on non-pricing. something that could be a little bit of a correction in that pricing. joe: let's take a look at the government bond market. guilds ended lower today. a very interesting action. we saw modest gains in equities. also, people buying bonds with yields lower. attack,ake of the syria and also the mediocre jobs report, we briefly what both -- went below .2%. check out the french two-year yield. we were talking about this in the block before, more concerned about the french election, now of for wait race with the left-leaning candidate joining the pack. no one knows what will happen there. negative territory for france. a look atm taking currencies today. obviously, a big week, geopolitically speaking. if you take a look at g-20, you the currencies, interesting countries. look at the rand, erasing all of its gains from last year already. all week, seeing in

seagate up 19%. v verisign is up 15%. best buy up 14% year-to-date. tesla not the only one. should point out tesla not in this screen because it's not in the s&p 500. back over to you. >> still ahead, trump talks with ceos almost a weekly occurrence in the west wing these days. are the conversations productive? that debate coming up. >> the cnbc trend tracker live data board is brought to you by the cme group. ♪ approaching medicare eligibility? you may think you can put off checking out your medicare options until you're sixty-five, but now is a good time to get the ball rolling. keep in mind, medicare only covers about eighty percent of part b medical costs. the rest is up to you. that's where aarp medicare supplement insurance plans insured by unitedhealthcare insurance company come in. like all standardized medicare supplement insurance plans, they could help pay some of what medicare doesn't, saving you in out-of-pocket medical costs. you've learned that taking informed steps along the way really makes a difference later. that's what it means to go long™. call now and r