your traders on the desk are tim, steve, dan and guy adami. tonight on "fast," a great rotation that could stop the bleeding. a special report on where to put your money to work right now. >>> and the force is breaking records. but shares of disney are having the worst day since the collapse back in august. we'll tell you what it is that has investors feeling the dark side. >>> and later, can't take the heat. how to protect your portfolio for less than $5. >>> but first the worst day on wall street. the selling intensifying into the close. the dow closing down 367 points. the s&p 500 losing almost 2%. apple leading the nasdaq to big losses and here is what is really scary. there are erie similarities of what happened today and before the flash crash in august. two low closes into the weekend and both coming on a very big expiration friday. the following monday stocks opened up 1,000 points lower. are we on the cusp of another major selloff to come? guy, what do you think. >> it feels that way, mel. and we didn't talk about the selloff in disne

the traders are tim, david, brin kelly and guy adami. tonight on fast, airfares are cheap and we mean really cheap. and the reason why just might surprise you. co-founder of kayak takes us inside the airline wars. >>> and one investor had a losing trade after another. carl icahn, could the activist be losing. >>> and stocks may be down. but we have the top sign that says the market is about to rip higher this year. we'll tell us what that is. >>> and while it might look quiet in the market, with one day left in the trading year. look at the oil stocks. crude ending lower by more than 2.5%. and exxon, chevron, b.p. that got hit, closing out the day at the session lows here. what are we seeing here? a rotation at the end of the year. >> we pointed that out last night and that is yesterday to those on the metric system. the oil was down after the api report of build. and then the doe report, again a build and people weren't expecting that. and production is flat looiped at 9.2 million barrels a day. so you are not seeing the reduction in pr

i have a question for guy adami. normally we see a little bit of window dressing at the end of the year, given how poorly so many active managers did this year do you think we are going to see outside moves as people try to rearrange and rye shuffle going into year-end? >> you saw it a little bit today. to be honest with you i think it's a little too late for that. they can do what they want at this point but the under performance they've suffered through is going to be under performance regardless. i'm not sure how the 80% or so of these managers that are probably under performing the market are going to get gentleman en where close. you can try all you want, unless something ridiculous happens that underperformance is what it is at this point in my opinion. >> i wonder, too, how that sets us up for 2016. we keep hearing one after the other prognostications that aren't very strong for the stock market. >> the consensus is building around more of the same which is flat. within flat, let's say the consensus is right a

the traders are pete najarian, david seeberg, dave grasso and guy adami. what the breakdown in junk bonds means for the most important fed meeting in more than nine years. and how you can protect yourself from the carnage. what is behind the retail route and whether names are worth a look right now. >>> later, the streak takes aim at apple but is selling about to get much worse? we've got the shocking chart that has apple shareholders running for exits. >>> but first, we start with the sell-off sweeping the high-yield debt market in the u.s. hitting new lows today. and this as stocks close at the highs. with the dow up 103 points. but the unwind in high yield started in 2014 with the markets hitting new market highs after that. so what is high yield actually telling us about stocks right now? guy? >> i don't think it's telling you anything about the stock market necessarily. i think people will make that jump and say it's got to be bearish for stocks. and to a certain extent, that is true. but you know what? the transports didn't really tell you anything a

guy adami, do you think this will repeat itself. history does have a habit of doing that. >> everybody is talking about the transitory nature of crude. i think it continues to go lower. we've said that for a long point. at a certain point, to answer your question, i do think it manifested into a broader market. it hasn't yet. i'll say this though, the pain trade in energy continues to be lower. but the pain trade in the broughter market, the s&p is still higher in my opinion. how do you trade crude? we've talked about the refiners for a long time. that has worked. we have to see if they get the product mix. but stay away from the big cap names, exxon, chevron, still too high in valuations at $38 in crude. >> but the question is how much lower. and it was not so much long ago that goldman got smirks around the table when they put out the $20 price tag. what do you think, dennis? i think that is achievable right now. >> it is quite achievable. if you look at canadian western, it is down to $12 and $15 depending on where you want to pr

it's not all bad news. >> guy, adami -- >> it's all bad news. >> it's all bad news? >> i get the whole consumer things, it's cool going to the gas station and instead of spending $95 to fill up your tank you're spending $40, i get that, but this whole argument that it's somehow great for the consumer, i just don't see t they might be saving money there, but they're spending it in other places not least of which is rent and healthcare. so although i get the headline for the consumer, it ain't manifesting itself. so now what's your question? >> the consumer sentiment surveys which often should be the first to which can pick up at least a bright thing of attitudes if not immediately se spending that money they're volatile lately. where does that leave investors when they're trying to look for further ramifications of what we're seeing today? >> the energy match -- we've said this with you for almost probably the last year and a half or so it, that oil volatility index, do you want to put it up for the viewers, the ovx, we've talked about that forever saying this is elev

i have guy adami sitting next to me and all of the smart guys here and i dress up for it. you know what i mean. >> we're the fancier show. >> next tweet. what are your thoughts on gdx into the first quarter of 2016. carter? >> if you are picking out of bad choices, this is the least bad of thing. you want to do something like the xlu or the j&j, it held up well relative to other things. >>> time for the final call from the options pits. mike kuo. >> premiums are elevated, look to sell call spreads. i'm looking at mcdonald's. 120, 125 call spreads, sell that. >> if you have mcdonald's, take some profits or try it short. >> dan? >> twitter sentiment is bad and facebook is good. i think at some point in early 2016, it is long twitter and facebook trade would be good. >> our time has expired this year. check out "options action" at cnbc. we'll see you back on "options action" in 2016. >> announcer: the following is a paid presentation for cize, brought to you by beachbody. >> get ready to cize it up. [ beat drops ] [ people cheering ] are you ready to dance? 5, 6, 7, 8! >> ♪ o

really it's dressing down -- in "fast money" i dress down to my competition, i have guy adami sittingt to me and i have these smart guys here and i dress up for it. >> that's all. the fancier people. >> here is the next tweet, what are your thoughts on gdx on the first quarter of 2016? >> if you're picking among bad choices, this is what this is, this is the least bad of things. you want to do something like the xlu or j & j. it has held up well relative to other things. >> mic khouw. >> prescribing yems are elevated look to sell call spreads i'm looking at mcdonald's in february. sell that. >> carter. >> if you have had great run in mcdonald's, take some profits or try it short. >> nathan. >> like i said, twitter sentiment is bad, facebook is really good, i think at some point in early 2016 it trades long short at which timer is a good trade. >> i'm melissa lee. for more "options action" check out "options actiooptionsaction. we'll see you back on "options action" in 2016. >> announcer: the following paid presentation for the power pressure cooker xl is brought to you by tristar prod

overlooking times square, i'm melissa lee, your traders are dan, brian, karen and guy adami. tonight on "fast," oil below $40 a barrel as opec will not cut production. who is winning the oil war now. we have the details. >>> and the yahoo board meeting coming to an end and a shareholder holding $75 million worth of stock. he's not happy. why he has lost all confidence in the board. >>> and later, chipolte hitting a new year-to-date low after the company cut the guidelines and why one analyst thinks it might be more of a problem than you think. >>> but one of the craziest, stunning days on the year on wall street. after commenting from mario draghi, sending stocks soaring, the dow up more than 350 points. and it was stocks, gold, bonds and so if you are an investor looking at this market right now. what do you do? guy? >> i think the bond market still wants to go higher. in other words yields want to go down. the dollar rally despite what we saw yesterday is still in tact. the gold move, although long in the tooth, might have a couple more days in it despite i think the dollar

i have guy adami sitting next to me and all of the smart guys here and i dress up for it. you know what i mean. >> we're the fancier show. >> next week. what are your thoughts on gdx into the first quarter of 2016. carter? >> if you are picking out of bad choices, this is the least bad of thing. you want to do something like the xlu or the j&j, it held up well relative to other things. >>> and like call from the options pits. mike kuo. >> premiums are elevated, look to sell call spreads. i'm looking at mcdonald's. 120, 125 call spreads, sell that. >> if you have mcdonald's, take some profits or try it short. >> dan? >> twitter sentiment is bad and facebook is good. i think at some point in early 2016, it is long twitter and facebook trade would be good. >> our time has expired this year. check out "options action" >>> my mission is simple. to make you money. i'm here to level the playing field for all investors. there's always a bull market somewhere. i promise to help you find it. "mad money" starts now. hey i'm cramer. welcome to "mad money." welcome to cramerica. other

the traders are pete najarian, david seeberg, dave grasso and guy adami.breakdown in junk bonds means for the most important fed meeting in more than nine years. and how you can protect yourself from the carnage. what is behind the retail route and whether names are worth a look right now. >>> later, the streak takes aim at apple but is selling about to get much worse? we've got the shocking chart that has apple shareholders running for exits. >>> but first, we start with the sell-off sweeping e

your traders on the desk are tim, steve, dan and guy adami.ght on "fast," a great rotation that could stop the bleeding. a special report on where to put your money to work right now. >>> and the force is breaking records. but shares of disney are having the worst day since the collapse back in august. we'll tell you what it is that has investors feeling the dark side. >>> and later, can't take the heat. how to protect your portfolio for less than $5. >>> but

. >> i'm assuming guy adami is fast asleep in his footy pajamas now. >> how many people are avoidingte. cho pf chipotle. >> chick-fil-a. >> is it smooth? >> it just made a noise. >> almost like a 400 thread count sheet. >> tim's best has its own twitter account. >> about time. ♪ >> and now "deep thoughts by bill gross." a sneeze is, to be candid, sort of half erotic." ♪ >> steve grasso is going to make his way over to the smart board. >> he's at a studio in woods hole, massachusetts that happens to look like a chinese restaurant. >> it could be a chinese restaurant in woods hole, massachusetts, as far as you know. >> man of mystery. >> the market's health has to be called into question. >> exactly your point, dan. >> carter and i we're brothers from another mother. ♪ everywhere you look ♪ everywhere is a heart is a heart ♪ everywhere you look >> had some good times this year, guys. >> i tell you, the miami trip was great. >> it was fun. >> the full espradrilles, the pastel guy. >> i find it sad you have a twitter account for your vest that has more followers than i have. >> investmen

traders on the desk are tim seymour, dan nathan, karen, and guy adami. we will hear from the man who has predicted some of the biggest market moves of our time, from the flash crash this summer to the massive october rally. jp morgan has had a quantitative strategy. joins "fast money" for his first tv interview in years. plus, finding danger in the herd mentality, and if yellen is about to send investors heading for the hills. it could be one of the biggest beneficiaries from the force. will "star wars" send imax rocketing higher? how is the company gearing up for the biggest movie release in years? the ceo of imax joins us live. >>> but first, we are now just hours away from the biggest fed decision in nearly a deck indicate. the dow closing higher by 156 points. oil higher by more than 2%. first, what happens at 2:00 p.m. when the decision crosses tomorrow, and two, what are you trading? we're going to start with the consensus here. the fed raises 25 basis points. and we get a dovish statement. what happens to the markets? >> i think the market rips fr

your traders are tim, dan, karen and guy adami. tonight on "fast," positioning for profits into 2016. the two dow dogs that are ready to rip higher and bring you gains into the new year. and the names might surprise you. and the force is breaking records but disney stock is in free fall. could the star wars fade be the perfect time to buy the stock. >>> and don't look now but gold is on the first three years of back to back losses since 1998. but the kmod said not so far. but the bear market in gold is over says our analyst. >>> tonight there are only 7.5 trading days left this year so we are shopping for the best buys heading into the new year. do you put more money into the names working or buy a loser at this point. gee? >> i'm a believer when you put money into things that were working. losers were losers for a reason. and few play catch-up into the next year. and the defense stocks, lockheed martin sold off since the all-time high a few weeks ago. but with a 3% dividend in a good valuation and the tail wind the space has behin

your traders are dan, david, karen and guy adami. tonight on "fast," nike surging and we'll hear from the ceo. and the one stock getting crushed by nike's success. >>> and what do disney, apple and amazon all have in common. the answer could have major implications for your portfolio. we'll explain in a "fast money" report. >>> and later chipolte is in full-blown crisis mode as they battle the e-coli outbreak. could this stump the growth investors were banking on. >>> and first the head-scratching rally in the market. up 200 points at the highs and here is what made it so interesting. the names that led the rally, like caterpillar, ibm and walmart. check out go-pro, twitter and 3-d systems catching the bid here. is this the dash for trash. do you buy the trashing names into the end of the year. guy, what do you say. >> this is a quick trade. whole foods markets up huge. abercrombie and fitch off a huge move up again today. so is there still room on the upside? probably yeah, because the shorts are still covering and people absolutely

tim seymour, pete and guy adami. hedge funds are having a terrible year but good news for a hand full of stocks. we'll tell you what the names are and how you can make serious money. plus looking to beat the market, we have the three stocks that history says will outperform. and the names and how you can get in on the action and later mark zuckerberg announcing plans to give nearly all of his facebook stocks to shareholders. >> but first, a market mystery today. the s&p closing near the highs of the day while we saw the worst economic data since the financial crisis. the ism manufacturing index dropping to its lowest level since 2009. bonds rallied hard on the news. we saw the reaction in the bond market. so the question here is which is telling the real story? stocks or the economy, what do you think? >> stocks are telling the story of the stock market 100%. the economy is weak and getting weaker. lowing reading in six years. the bond market is telling you that but the stock market says the fed will move in december

guy adami. >> i like him too. >> i like that rotation. i like that analysis. >> he talks about being tourist in the biotech space and fatigue. i would agree. the political rhetoric hurt the space. no question about it. but pete would back me up. there are things that don't trade like biotech do. am gen, 2.5% dividend. the celgene news, when it traded up to 120, it has held those gains and i think it builds from there. that was tremendous news from there. and gilead, to pete's point, is ridiculously inexpensive. >> but celgene trades at 20 times. if you are long on a name like this and you believe -- and i don't remember this argument, but whatever, dude. >> because you have so many arguments. >> another day and a number of arguments. >> and i think you guys would agree with this, celgene was 30 and went to 140 and now back at 120. it has held the trend line like a boss. it needs to held. as we go into next year, you don't want to see them breaking long-term trends. >> that would be down at 107. >> like a boss. >> the news came out, it was

your traders are tim, steve, ari wald and guy adami. nike reversing course and closing near the dead lows. could this spell trouble for the rally. >>> plus is your portfolio down on the year? relax, because we have four stocks that history says will rally between now and january 1st. we'll tell you what they are and why they could have you back in the black. >>> and later, one dow stock is up nearly 30% on the year and showing signs of an even bigger break-out to come. the one name that could be the stock to own in 2016. >>> but first we start off with a market that seems like it won't quick. the dow surging for three straight days. materials and energy leading the way. rallying 3% and 4% in today's session. is this a rally you want to buy or fade. guy? >> some you want to fade. no question about it. freeport macmaran, the movement over the last week. nothing has changed whatsoever. other than the fact the stock is up 20%. caterpillar will be up 7.5% to 8%. nothing has changed there. and on the flip side, goldman sachs. but the names be

your traders are tim, steve, ari wald and guy adami.course and closing near the dead lows. could this spell trouble for the rally. >>> plus is your portfolio down on the year? relax, because we have four stocks that history says will rally between now and january 1st. we'll tell you what they are and why they could have you back in the black. >>> and later, one dow stock is up nearly 30% on the year and showing signs of an even bigger break-out to come. the one name that could be the

the traders are tim, david, brin kelly and guy adami. on fast, airfares are cheap and we mean really cheap. and the reason why just might surprise you. co-founder of kayak takes us inside the airline wars. >>> and one investor had a losing trade after another. carl icahn, could the activist be losing. >>> and stocks may be down. but we have the top sign that says the market is about to rip higher this year. we'll tell us what

traders on the desk are tim seymour, dan nathan, karen, and guy adami.e will hear from the man who has predicted some of the biggest market moves of our time, from the flash crash this summer to the massive october rally. jp morgan has had a quantitative strategy. joins "fast money" for his first tv interview in years. plus, finding danger in the herd mentality, and if yellen is about to send investors heading for the hills. it could be one of the biggest beneficiaries from the force. will "star wars" send imax rocketing higher? how is the company g

your traders are tim, dan, karen and guy adami.ht on "fast," positioning for profits into 2016. the two dow dogs that are ready to rip higher and bring you gains into the new year. and the names might surprise you. and the force is breaking records but disney stock is in free fall. could the star wars fade be the perfect time to buy the stock. >>> and don't look now but gold is on the first three years of back to back losses since 1998. but the kmod said not so far. but the bear market in

and for more on today's market action "fast money" trading guy adami.ke, beginning with us, we did move lower later in the day, what do you think is the move in the market primarily? >> obviously the sharp sudden moves in these unexpected ways in the currency market that were driving everything else and i think really you had these popular consensus ideas, obviously if you were very aggressively long stocks for this month for a trade it probably was because the european central bank was going to be that much more aggressive because you had great seasonal factors in december and that hasn't played out and also probably because the fed is going to move and you hope it's for the right reasons and hope the data support that. all that stuff gets compromised on a short-term basis. i do think when you see these macro moves you know people were caught off sides, it's what else might they have to sell so general risk reduction. >> steffy, do you agree? >> i totally agree. i think the setup was really kind of bad today because everybody was thinking the ecb was g

tim seymour, pete and guy adami.unds are having a terrible year but good news for a hand full of stocks. we'll tell you what the names are and how you can make serious money. plus looking to beat the market, we have the three stocks that history says will outperform. and the names and how you can get in on the action and later mark zuckerberg announcing plans to give nearly all of his facebook stocks

overlooking times square, i'm melissa lee, your traders are dan, brian, karen and guy adami.ast," oil below $40 a barrel as opec will not cut production. who is winning the oil war now. we have the details. >>> and the yahoo board meeting coming to an end and a shareholder holding $75 million worth of stock. he's not happy. why he has lost all confidence in the board. >>> and later, chipolte hitting a new year-to-date low after the company cut the guidelines and why one analyst thinks it might be more of a problem than you think. >>> but one of the