>> b.k. loves a pop in the meat space.ow that you got goldman sachs in there, i think you're all right. you have a floor under the stock. you can probably buy it here. >> all right. time for the buzz kill of the week, and that is the financials. one of the worst performing sectors with names like morgan stanley, goldman sachs and citi all losing ground. do you use this as an opportunity to get in, grasso? >> i think we had an analyst on that said, the biggest exposure you can get is morgan stanley. the least you can get is goldman. it was counter intuitive but you want to play it on that. you want to buy goldman on the dip. >> tim? >> valuation wise, i still like bank of america and one of the big calls this week, a lot of people have said, you don't need major growth. you just need normalization, the balance sheet to continue on. so, there seems to be a lot of momentum in addition to valuation supporting this sector. this, to me, is how you play growth in america and global deflation, which is what i think we have. >> bla

if b.k. was dutch, he'd probably be at an atm stuffing his shoes with euros right now. >> and when b.k. throws the spectacles on, you know he means business. he's actually making a pretty intelligent point with those intelligent specs. he's right. meanwhile, the imf, who says the italian banks, they come out with their review of the italian banks, they say things are better, meanwhile the euro's at four-month lows. italian cds, 21 bips wider. this is something that actually is not very encouraging. and i tend to agree with brian on that front. i'm looking more at the dollar. and to me if you look at the dxy the dollar index is at 82.25. the dollar is getting stronger. even when the rest of the market was coming back, the dollar held on to its gains. and i think it's going higher. so we're at multi -- effectively multiyear highs on the dollar. you break to 84, and then we're look at really getting to almost post-crisis highs in the dollar at 88 on the dollar index. this is very important to wa

it doesn't really excite b.k. that much.hat a nice third person reference. >> and i love the third person. >> pete, your take on qualcomm here, pullback. seems like they're better than trying to pick the sell tablet winner. >> this is a name that's somewhat underperformed despite the 52-week highs. it's going to start to move as we get further into the year. i like what they're doing with themselves with the combination with china mobile. and luke at the p/e right now the forward p/e at a 13 it's too cheap 37. >> back to gold, this one's for tim, liked your article on gold this morning but what did you like about the charts? >> signed mom. love you, tim. >> thank you. we wrote about this op emerging money. and the chart has broke erin back above 209. the chart is 3 1/2% off the lows for the fed minutes. everyone throwing gold out the window from that low point, gold is up and it's gone higher. i still think the best way to play this is by the miners. but people that are throwing gold out are not listening to me and brian. th

b.k., your top trade? >> tlt, a great time to buy some more here. and doc mentioned that we have this -- people are waiting for the fed to do more. if the market rallies tomorrow morning, ignores oracle, ignores fedex, caterpillar and then reverses, that will be your classic blowoff top. but in the meantime, i'm buying tlt as a hedge. >> you are long s&p 500. >> i am long s&p 500 futures and expecting that last blowoff top, let's call it 1,576 and why i'm not short yet. i get kind of a free look. >> we're macro guys too. we're looking at a lot of signals. b.o.j. giving you a lot of signs. we were picking up places where we thought things were oversold, no better place than russia, we're going to talk about it later in the show, but in bombed out names, you can take advantage of the cyprus scare, which i think should be a scare but not in places, actually, like russia overdone. we were buying mbp, consumer based, these guys traded on the new york stock exchange. ways to play this here. >> and we had, of course, a bounce in wti as well as brent. you w

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to b.k.'s point, the only thing i would ask, how much as dragi spent?hat are interest rates versus what our interest rates are? how many dollars has he spent -- >> saving it up. >> exactly. how much has he spent on buying sovereign debt, okay? nothing. >> nothing. >> exact. line of firepower. >> he's got a lot of firepower. >> but that assuming, one, that he wants to use that firepower. he could have used it last week but reluctant to do so. >> didn't have to. >> scott, the big concern here. everyone is talking about when will the fed step away. everyone is trying to be the ma smartest guy in the room. that may get sticky. it may not. but it's definitely not happening tomorrow or the next day. right now stick with what's in front of you. forget about what's happening six months, nine months down the road. right now you have an market that is an orderly march higher. play the market in front of you. >> quick story. about 20 years ago a prominent money manager, now a very large hedge manager told me, thinking about corrections is about thinking about who

. >> b.k. >> yeah, certainly i tend to be more bearish here on the desk. going into the second quarter, in the u.s. we need to be concerned about earnings. act censure came out today, the largest consulting firm out there, they had bad earnings, their revenues were lower, they can't blame that on oracle's sales people. when i put that together with tbix, oracle, i see the slowing in the earnings picture. going into the second quarter, i would be concerned the market is a little ahead of itself. >> were you ready for the rally, b.k., surprised by it? >> listen, i have been surprised by this rally -- you mean just recently? i have been surprised by the rally for the last few months. >> for the last few months, it has continued to climb the wall of worry. all the things you and others mentioned, the market doesn't seem to care. >> the most frustrating thing for the market and people like me is it is not necessarily responding to the economic data. we saw gdp weak this morning. >> well, you can make the argument, though, that it is not just the economic data.

he uses a microphone as a deadly weapon. >> mattes is thankful that b.k. phillips decided to intervene. he's also thankful the cameraman thought better and decided not to intervene. >> he kept shooting the whole time so that when the police came, it couldn't be mr. mattes attacked me. no. the cameraman says, why don't you look at the tape. they looked at the tape, and that was it. he was gone. so the cameraman saved this situation, saved me. >>> coming up, rescuers battle to save a man at the edge of niagara falls. >> if you go over at this particular spot, you're not going to survive. >> we thought for sure we were going to see this poor guy go right over the brink. >>> and this man -- >> i'd rather have the prosecutor be my attorney than him. >> -- a new lawyer. when "caught on camera: sinister, strange, shocking" returns. wears off. been there. tried that. ladybug body milk? no thanks. [ female announcer ] stop searching and start repairing. eucerin professional repair moisturizes while actually repairing very dry skin. it's so powerful you can skip a d

don't know whether you're familiar with the new woods book tyranny in america capitals of the national b.k. but he makes a number of feeling points there and one of which is. no marcus a list use crispus or sallust for short was an ancient roman general and statesman who had the spirit of the country has to have an enemy the real or imagined in order to keep its people out of sight if you live some time out of the punic wars but he was referring to roman carthage and he was referring to in particular to famous roman macchiavelli basically said the same thing in the prince i mean this is this is basic kind of politics one i want to create another create an enemy tell everybody look out for those guys and then use that for your political advantage good point thanks for the call and since you're take my take alive thanks for all your calls and we didn't get your call tonight tries back next week and keep the video questions coming he just grab your phone tape a question or comment and e-mail it to us at your take my take at g. mail dot com. after the break punxsutawney phil predicted an early

three hundred time or you can transfer around the to your friends or family around the world if you go b.k. she can only take three thousand dollars i could certainly see an tempers flare and still to come max kaiser and stacy herbert turned their attention to the cyprus crisis that they described as nothing but a full fledged war. in greece and papa grayle stole money from the greek people put in his mom's account is suddenly showed up in switzerland how did that get there who now are saying it with the leadership in cyprus stealing money from people we've seen this story before there's a war going on there's two sides there's the corrupt banking bank stirs and then there's people who are trying to hold on to what they have and i think if i'm not mistaken a bomb went off a couple of days ago in cyprus look for more of those types of things happening because this is a bloody war. and this latest gloomy prediction by max seems to be coming to reality in greece a bomb exploded in athens near a famous hot spot the acropolis which apparently targeted the house of a shipping magnate who also us

. >> b.k.? >> tomorrow, we have usda net exports on grain. >> tim? >> brazil. >> i still like omnicare. ocr. >> guy? >> interesting reversal, nem. >> all right, i'm melissa lee. see you back here at 5:00 for more "fast money" here on cnbc. meantime, don't go anywhere. "mad money" with jim cramer starts right now. >>> i'm jim cramer. and welcome to my world. . you need to get in the game. go out of business and he's nuts they're nuts! they know nothing! i always like to say there's a bull market somewhere -- "mad money," you can't afford to miss it. hey, i'm cramer. welcome to "mad money," welcome to cramerica. other people want to make friends, i'm just trying to save you a little money. my job is not just to entertain you but to educate you so call me at 1-800-743-cnbc. sure, the market's high, duh. we can stipulate that today with the dow gaining 42 points, s&p rising, nasdaq back slid .05%. we have broken through to dramatically higher levels. no denying it. i can poke holes galore in the bull case. make the bull into swiss cheese. think of it. th

. >> b.k. is a buyer of hogs and epv, short europe. >> joe?hanie and i had an off-camera dialogue about the ritz in south beach, we both don't like, but i do like the marriott franchise. >>> that does it for us. don't forgets to catch more "fast money" 5:00 p.m. tonight, follow me on twitter. have a great rest of the day, and "p lun in one second. >>> halftime is over. the second half of your trading day begins now. >> scott, thank you very much. rally on. what's an investor to do right now? the inside track on where hedge funds and the wealthy are investing their money in this market. what's the market money doing? are they really as smart as sometimes we think? home sweet home ownership. housing on the road to recovery, but is owning a home still part of the american dream? exclusive results of our cnbc all-merge economic survey. and could this be the beginning of the end of those expensive cell phone contract plans? one of the biggest u.s. carriers -- that would be t-mobile right there, the first now to end contracts under some conditions.

b.k.? >> again, love the euro trade. i think there's a catalyst coming in this week. not only, like andy said, you could get a surprise out of italy, but say they don't form a government. a government, i again think that makes the euro closer to becoming the german deutsche bank. >> and i like to hopefully get you into the position or out on wednesday or thursday when you get better than expected pmi numbers. >> amelia. >> i'm sure it's sterling and me gusta like todd. happy st. paddy's day. >> indeed. that's it for "money in motion." thank you so much for watching. i'm man di drury, have a great weekend. >>> hi. i'm cramer. cramer. cramer. cramer. welcome to "mad money." other people want to make friends. remember that? i just want to make you money. money. money. money. money. for the past eight years my job has and continues to be not just to entertain you but to educate you. so on this fabulous eighth anniversary of "mad money," i want you to continue to call me at 1-u e 800-743-cnbc. welcome to the eighth anniversary edition of "mad money." not a great day for an

. >> b.k. >> spoke about the meat space quite eloquently, i like the ag space, dba. >> i bet you do. also, $56, 40 times earnings, john rogers did great, i would sell it here, though. >> j.j.? >> the food space, starbucks likes like they can go up and test the 52-week high. >> gold, gld, a nice reversal a couple weeks ago, i think gold's in play again. >> see you tomorrow 9:00 a.m. for "squawk on the street." back here again at 5:00 for more "fast money." meantime, "mad money." morning "squawk on the street." meantime, "mad money" with jim cramer starts right now. >>> i'm jim cramer. welcome to my world. >> you need to get in the game! you're going to go out of business, they're nuts! they know nothing. >> there's a bull market somewhere. "mad money," you can't afford to miss it. >> hey, i'm cramer. welcome to "mad money." welcome to the cramerica. people want to make friends, but i'm trying to save you some money. i'm trying to coach and teach you. so call me at 1-800-743-cnbc. i got two of them here. you've got the good economy. tremendous housing numbers, miraculous retail sales,

b.k. gold star for dressing yourself today. >> i left my parachute pants at home. >> the dow is on track for the biggest point gain ever in the quarter. but is the blue chip index really the best barometer of sentiment. jane wells has been looking into that question. joins us now from l.a. jane? >> melissa, on the other hand it's like the college of cardinals, on the other, it's like the entire roman catholic church. the good, the bad, and the mediocre, one worth $4.25 million market cap. it was there since the 1890s, even as money managers benchmark themselves against the s&p and most etfs based on the s&p, one makes headlines, the other gets the work done, kind of like this. ♪ >> reporter: the dow is the beatles, legendary, the s&p is the stones -- still rocking. the dow is mobile, the s&p is regular old internet, rodman versus jordan, alexis versus crystal, black smoke versus white. and while the emperor seemed most powerful, turns out darth vader was. luke -- identify always loved vade

. >> b.k. >> pretend you're a russian billionaire and buy gold. >> have a great day.wer" starts now. >> "halftime" is over. "power lunch" starts right now. >> all right, folks. oracle's ceo's message to wall street, do not blame me. the sales guys blew it. what was really behind this uncommon comment from an american corporate giant? >>> and the eu to cyprus. lots of straight talk today. figure it out and do it fast! get back to us by monday. the bank lines long as cypriots try to get money out of the atms while it is still there. we're talking about an economy on the brink potentially of collapse. how far might the dominos fall? >>> domino's. i like domino's sugar, but i like milk a lot. i drink a lot of milk. you got money? you got milk? the milk industry as an utterly big problem on its hands. think about it. >>> and new costs. they may be about to get passed on to you in the milk market. the stock market has taken a hit, sue. >> i'm laughing at the "udderly," and it's utterly ridiculous that some things down here are focusing on. we're down a little bit but not as

first up, suntrust, b.k. >> in suntrust, i think you take profits. minor tweak.been on fire particularly for regionals. i would take a little off the table. >> what do you do, josh, with apple? someone asked for this, obviously, before the stock was spiking, but now maybe there are more questions people have given this move. what to do? >> i'll tell you something interesting about apple. first of all, it's probably been as hated as it can get at this point. the second thing, it's become a noncorrelated asset to the s&p in a very weird way. correlation has been steadily dropping since beginning of the year. it's now at .8 which is a total sea change versus last week. i think apple works under these types of circumstances. and let's start focusing less on whatever the dividend's going to be and whether or not the next wave of products is going to throw samsung for a loop. it's apple's turn. >> the market seems to be transfixed, however, with whatever sort of financial move they make. >> it's the most widely held name there is, pretty much. we'll get past that divid

. >> two questions for you, b.k., before we move on., would you be a buyer of dell without the takeout bid? >> no. >> would you be a buyer with the takeout bid? >> yeah, i think in this environment, actually, it could. >> with the three potential proposals on the table? >> yeah, absolutely. and that's because generally i'm bearish on the market. >> i would have never guessed that. >> let's call it 14. my risk/reward's not bad. i don't have to worry. it's not going to trade with the market. i don't have to worry the market being down 2% and dell going to be down. >> there's 1.75 billion shares outstanding, you're talking about 20 cents, 30 cents, talking about huge sums of money on this bid that's going higher. i don't think it happens. >> let's move on to the next trade here, s&p 500 wiped away earlier gains. less than a point away amid concerns that cyprus' bank restructuring will pave the way for losses. for more impacts on the cyprus deal, we're joined by the global head of g10 strategy at citigroup. it seems that the whole problem a

. >> b.k.? >> you know, i like buying for profits, some places -- >> oh. >> that's a good one. >> thank you. anyways, i looked outside -- >> yeah, anyway. >> i looked outside the u.s. for the trade today. i think china is a great place to be right now. fxi is the trade. i've been waiting all week for them to make comments about supporting the stock market, about supporting economy. we got that last night. china, the fxi, is up 26% from the december lows as compared to the s&p, only up 14. >> what was it specifically? 10% increase in spending on stimulus programs? what exactly was it? >> no, it actually was the fact they talked about the pension funds need to expand their scope of investments. so, to me, that is kind of a first step in, where else are they going to invest, instead of real estate. >> if it's had such outperformance, versus the s&p, isn't that, you know, some place that say it's already priced a lot of that in? >> it's come off a little bit. 26% run, it's come off, 6%, 7% from the

>> b.k. looks for a hug after this show. i'm getting it from all angles. >> what's changed? run, now it can't get out of its own way for some reason. >> at that point i thought that finally facebook, the management started to understand that they were a public company, started to manage the company for the shareholders. i still continue to believe that's going to be the case. i think it's going to take -- it's clearly going to take longer than i thought it would. >> if you liked it before, the stock is 15% cheaper than when you said you liked it. >> i think you can still buy it, with one caveat. from the beginning of this ipo, i've been wrong on facebook. so i'm not sure how much credibility i have, but i have called facebook wrong for six months now. >> you're nothing if for the honest. >>> testify any, link and pete, you are both in this name, what do you make of the recent problems? >> certainly after it got towards that 30 numbers, i think this is a show-me type stock. every quarter or release theme get from the gang at facebook, you've got to wait and see, can they deli

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president and both received permission to conduct pretty extensive leadership screening and i know that b.k. mohammedy has begun to fire and remove a number of commanders who are either incompetent or who are home stetters, they have been there forever or they're corrupt. the idea of being in som ways to improve the capacity of the leadership of the afghan forces that both lead by example and lead by -- lead from the front morally and spiritually but lead by example and also lead competently as well. we're still suffering at the most senior ranks in the afghan military. mid-ranks and senior ranks, from a dirge -- dirth of education. many of these commanders, who were very capable jihadi fighters and they fought the taliban during the civil war, in an environment where staff leadership is important for the development of coherent plans for large-scale operations level, brigade level, we have work to do. to tpwhailed leadership. -- to build that leadership. there has been an increase over the last several months of the attrition in the army. the afghans are getting after that. and in their vi