. >> and b.k. is talking about with energy, during a rate-rising cycle, you have energy and utilities outperform. i think you will see something different this time. because with energy, they usually outperform because you have a larger global growth. inflation. we had a sniff of it today, but not a lot. so i think energy could be the canary in the coal mine that we are not on track to have the same cycle that we normally do. >> in other words it is not your typical tightening environment. >> when you consider what happened today and what people expect. brian said dollar is going higher. the immediate reverse and inverse correlation for the last year is that oil goes down and goes down big. probably with a beta of two to three. we didn't see that today. and to me, i make the argument that energy shares have seen the bottom and if anything -- again this is good news. i was very encouraged by the market saying if the u.s. economy is strong the global mark is better. >> but emerging markets got hammer

but my explanation is similar to b.k. just because you have 3.8% yield, if the stock goes sideways, it ain't going sideways. you might get a rally. but ibm you come back five years from now it might have a $100 handle. so forget about the dividend, i think ibm goes south so you are better off in bonds. >> this is an educational would you rather. >>> time now for the final trade. around the horn, steve, what do you say? >> yum is my final trade. you have to believe that china is not dead on arrival. if you believe that, yum trades up 20% from here. >> seaberg? >> on a massive selloff, macy's, i think you buy it here. we get one snap of cold spell and the stock is going up 5%. >> beakers? >> i'm not sure i want to be in the, let's call it the retail space. but the one space i want to be in is microsoft. we just talked about bond yield. microsoft has a good yield and momentum so buy it. >> gee. >> great job by dan nathan identifying a buying opportunity unh against 110. options action next, unh, final trade. >> i'm melissa l

people think it is a car company, and b.k. doesn't and i would buy elon musk. >> any guy that could draw a hyper loop on a cocktail napkin and make it work, you invest in him. the growth stocks and there is normal blue chip stocks. he is a growth ceo. you have to invest in him. the more he talks about the names, the more they run. i think you get side tracks with tesla though. >> and what are the ceos that should have been. >> ohhh. >> all right. >> real quick, though. >> i'm going to say schultz and bezos. those two guys are magnificent in two completely different businesses. but what we've seen out of starbucks since the beginning and the return and what we continue to watch, each and every week in the way this stock trades, and you look at bezos and we talked about amazon, but it is miraculous. and the spending and when he pulls back to show you how much money they are making and they continue to put money back into the company, these two guys are doing an incredible job. >> what do you want to say? you didn't want to answe

when you start to change valuation metrics at the high, b.k. gets scared. secondly, what you brought up, apple has not proven at all they could monetize this. they are a phone company and that is it. and they are talking about building a car now. now they are a manufacturing company. so me it is modelled, not to say apple is not a great company. i use their products, i think it is fantastic, but at the highs when you change valuation, you have to be worried. >>> up next, the pain conditions for sun edison and one analyst is saying there could be a nightmare before christmas in the name. that analyst will explain why right after this break. you're watching "fast money" on cnbc, first in business worldwide. attention investors! vectorvest mobile is here and it's free! make faster, smarter, better trading decisions with ctorvest mobile. the most powerful app or managing your portfolio from the palm of your hand. only vectorvest mobile analyzes, ranks and graphs... ...over 16,000 stocks worldwide, everyday,... ...and gives you clear buy, sell, hold recommendati

b.k., what do you make of the quarter? >> i still think you do not buy into this pop tomorrow morning or after hours. i i think there is more to come out in the conference call. i think analysts will be concerned about production. so again i go back to maybe at 180, i would take another look at it. >> it is about 229 in the aft after-hours session into moving on. facebook reporting tomorrow and some expecting big moves. dan is at the smart board with reaction. >> they will report tomorrow. the option market is implying a 6% move in earth direction. versus the third quarter average of about 3.25. i want to break this down quickly. the stock closed at $103. if you looked at the week options, the november 6, 103 calls an puts, if you add them together they cost $6, that is a 6% move in either direction if you were to buy the weekly at the money straddle and that is really important because when you think about this, you would need to move above 109 to make money or below $97 to make money. if you were just to buy the move. he

b.k. 0-4. 103-96 the final. >>> time for us to step aside for a moment, and when we return, the giants joined an exclusive club yesterday. make it 2 members but not a i will explain. fi gesouptns wter eeyone,osast wi t fte iertanwii aiblfr 50o 0 gs pl y c uoayo voteids t5xst tn bl buthma rsotoetfi? 'rrad i cuom sisctn. geouofheas g fs. >>> welcome back, everyone. so what do the 2015 giants and the 1963 oilers? the only teams in nfl history to score 49 points and lose. no footage of the oilers losing, but we have the lowlights from new orleans last night. manning tossed 3 td passes, but both defenses were on vacation. drew brees passed 7 tds, and it was 59-42 loss. anyone have pennington or farve's number. a thumb injury here on the first drive, and geno smith got in and got hurt as well. both are day-to-day. >> thank you otis. >> back in just a moment. it was pricey, but a total bargain compared to this little beauty. i have such enormous respect for these creatures. which is why i stuff them and hang them on the walls. (vo) you'd make a way better rich person. lotto. making more new y

it is b.k. i'm curious how the fed thinks about the euro and the dollar. you mentioned a move down to parody might change their mind. does it have to get down -- my question is how big of a move in the dollar sparks bells at the fed? >> you know, i think a quick move down to parity would be something the fed would certainly raise their eyebrows at. look, the thinking at the federal reserve, and this is just simple math, is that the moves in currencies are temporary. they don't last forever. you have a move in the currency and a knock on effected imported prices. and by the way, you have a drag exerted on u.s. exports and manufacturing. but that doesn't go on forever. once you get into the next year or the cycle or the comparison, that goes away. i think there is something in the fed that the dollar could strengthen further against the euro. but i think a big move is something that will raise eyebrows. you have dubs on the fed that think we ate to wait for this to pass through the data and not act ahead of it. >> steve, thank you. good to see you. steve lie

. >> but b.k., at the top of the show made a cogent point about alcoa, the levels that we've seen. and typically i'm reticent to do this. i think alcoa off this move will continue to accelerate higher. back to you. >> i'm melissa lee. thank you for watching. see you back here tomorrow at 5:00 for more "fast money." don't go >>> my mission is simple -- to make you money. i'm here to level the playing field for all investors. there's always one somewhere and i promise to help you find it. "mad money" starts now. >> hey, i'm cramer. welcome to "mad money." welcome to cramerica. my job is not just to entertain but to teach and coach you. call me at 1-800-743-cnbc or tweet me @jimcramer. >>> a day lik

i was just ribbing b.k. a little bit. >> i can't disagree with you. we have very low unemployment. we can pick it apart. we know all those issues. just from the investors' standpoint, as i look at it, the dollar has already moved. rates have already moved. in my mind, it looks like the fed has already moved. the market has already moved for the fed. to me, that's going to have a bigger impact on the market than any increase in jobs. >> we'll come back to this and also dig into retail in a moment. we have a news alert on bill ackman. what's happening? >> more frustrating news for bill ackman as well as valeant pharmaceuticals, embattled totally for different reasons than what i'm about to report. in terms of accusations that ackman and valeant engaged in insider trading in their efforts to purchase allergen, which, of course, later combined with a third quarter activist. and the allergen we know is a combination of activist and allergen. a judge in california saying that ackman must face accusations from plaintiffs that he did engage in insider trading

he is founding partner at b.k. asset management. let me start with you.e're reaching down into the 105 area on the euro. is this the highway to parity? >> it feels like everybody is pressing down. you saw a lot of speculative lows. there's a lot of support underneath this 105, 104 level. i have been arguing that one of the reasons why the fed will do one and done is because they don't want to see the dollar strengthen so far, so fast. but the other thing happening is on the other side of the atlantic, nobody is standing still. the ecb has been aggressive in indicating they will expand qe as much as possible. they're probably not going to do it in this meeting but the point being is all the other central banks including the swiss bank, getting weaker today. >> huge move today. >> yeah, everybody is trying to push their currency lower and that's going to force the fed in many ways to not do more than one and done. >> the currency has been a challenge to u.s. corporate profits. do you continue to see them to be challenged by what's happening with currencies