andrew keene, president of keene on the market dot com steps into the ring with us this morning. good morning andrew. >>good morning angie. >>you're here to talk about wwe and no staging. promise me that. >>no staging. this stock ha s been a beast. it has taken off to the upside and i continue to see unusual option activity, call activity, bullish activity. first i saw it in the april 30s. then the july 30's. then on fridayapril 35 and july 40's i'm in some of these calls. i think wwe has a lot more room to run. they're coming out with a 24 hour wwe station. it's all about content right now. you see all of these stocksdirectv 52 week high, dish 52 week high, netflix 52 week high. all of this activity makes me see that make a push for wwe. it's very heavily shorted and the stock moves a lot but i think wwe could hit 40 by the end of the year. >>are you surprised by this monster move? >>the stock used to be 8 bucks and to be honest i didn't actually know wwe still existed. so i am surprised at how big a following they have. i never knew the following was that big. i know in chicago

trader andrew keene, president of keeneonthemarket.com, joins us now. andrew, it seems like ipo's are all the buzz in the market right now. what do you think about the money that's going into those initial public offerings? >>it's really interesting because a lot of the ipo's have done pretty well. then you look at the two biggest onesking candy crushwas very hyped up ipo and then it sold off all day on the ipo. it came in at around $22 and sold off to around $19. facebook was very similarit got hyped up so much and then fell flat on its face. obviously facebook has recovered from there. but a lot of the lesser known ipo's are doing very well in the market. >>what about apple? there's some news that apple is about to come out with news potentially for this iphone6. >>we see old technologycisco, intel and microsoftall performing really well. we saw microsoft hitting a 52 week high. cisco and intel both loook to be on a breakout to the upside. apple is almost in old technology with the fact that it's so cheap on a pe ratiothe iphone 6 is going to have this

andrew keene, president of keene on the market dot com joins us on this monday morning. happy monday once again. you always seem to join us on mondays. i love that andrew. > >yep. i love mondays. > >i do too. let's talk about nike. you might want to talk about this because it looks like it might jump higher. > >yeah, there's a couple of things i always look at. one of them is institutional order flows so i watch options being traded. and i'm not talking about a 10 lot, 1 20 lot, a 100 lot--i'm watching for big blocks of prints. so last week on friday we saw a trader come in and buy 5,000--2 weeks from friday--nike 78 calls. they paid $1.10. these exploded to the upside and went to about $1.40. so someone thinks there's more upside in nike. so i think about that unusual option activity, the i bring up the chart. nike looks like a clear channel up to 80 if not higher. we see institutional call buyer in nike 3 times over the last 2 weeks. > >wow. nike at 80 or above. moving onto ecana. this is also a stock that you're watching. > >last time i was on the show i talked about n

andrew keen is at the cme. what are your picks?ndetatand best buy is one of them. >> simple and easy, radioshack, best buy and game stop. i'm looking at three things, number one, a week looking chart. from atop the bottom, all going to zero. best buy, game stop, radioshack are all brick and mortar. radioshack has an unbelievable super bowl commercial. it doesn't matter, all of these stocks are headed lower. increased competition. go on the computer, get something from amazon prime shipped to my office in 24 to 48 hours for a fraction of the price of best buy and game stop. with game stop, a lot of it is going to the cloud computing space and getting a handheld devices. all these companies are headed lower, looking to get short on any rally. melissa: i was in game stop the first time the other day, it looks like a radioshack. so beaten down and dirty, nothing left on the shelves. best buy at least seems like it has a chance for a turnaround, they are making the most of having both online offering and a store for people who want to g

>> let's bring in andrew keen, founder of keen on the market.com and itie.in optimistic they will pull through. >> i would agree that the risk of short-term market share losses have increased with the escalation over this past weekend. we have to keep an eye on that. we look at past recalls, usu usually. in the last week of march, the last week several perception metrics for gm improved from the third week where they took a major dip. a lot depends on what will happen tomorrow, but typically we don't think these types of share losses in the near term typically sustain with recalls. if you look what the stock has down. you mentioned down 15%. it seems to price a significant share loss already. >> andrew, that's what's so interesting about this. there have been a number of high profile examples of companies dealing with huge legal issues that carry on for years and yet it doesn't seem to be reflected in their share performance. gm, that's not the case. this is clearly weighing on the shares. how much downside could there be? >> when you said earlier that they