money than sense, but whatever they are bets nonetheless, about $800,000 they cost to put the bets on 2008 highs so there have been a lot of increasing trades at 100 plus dollars per barrel and more analysts call to hit that price or more, bank of america recently called for $120 brett crude. basically million dollar bets for oil to hit more than 200 a barrel hello, seven or eight dollar per gallon gasoline. i wouldn't bet on it but some people are ran don butdom but interesting. >>> let's stick with options actions, jon najarian, i'm going to ask you about crypto and bored apes people getting on $250 oil, what do you make of that? people got drunk and threw some trades on? >> if it was ten 10 or $20,000 it$850,000, that sounds like somebody more serious. i don't think we get there but any pop in crude would send those contracts probably double maybe triple that bet. would you put $800,000 down to make 2.4 million i bet you would. i think that's what it is, brian. >> yeah. if i had it, but no, these are big bets and amazingly bullish by the way, that trader, if it paid off, they'll ha

we are working to the apex of this formation so you make your bet long or short. i say wait for the news and go with it as it breaks out or down from the formation >> mike, figuring out a trade. a pair of twos is not a particularly good thing according to google. and guy likes this one >> how you play your hand depends more than just the cards you are holding. we were talking about disney's options premiums being elevated going into earnings. they have nothing on palantir. the call in january alone are nearly 10% of the stock price. so $26 stock at the money with an option that expires in three months will cost you $2.60 however, when you look at the wedge, you could see why the options premiums would be as high as they are we are looking at a range of 10 to 45 in a year's time much this stock can move around. i think we want to buy those january 26 calls if you have a bullish view and then sell calls against it the december 31 call is you collect about 65 cents that's a way to help offset that decay. you could say to yourself, spending $1.80 options premium seems

that would be a loss of nearly $130 per share $13,000 on your 100 share bet.ad you had executed an options trade, and bought the at the money 170 puts that expired in december and sold the 150s against it. now, in order to make $2,000 or maybe a little bit more, you would have needed to trade two of those, the 170s were tradin 18.60 is a per share price because every options contract representation 100 shares. net-net, you would have spent about $14.80 or $1,480 total, again using that multiplier and your maximum profit would have been $2,520. believe it or not, as far out of the monies those puts are, they still have a little value because volatility has exploded there are another options trades you could have done to make a bearish bet. you could have, for example, sold some upside call spreads. we looked at how those were priced on monday i was looking at the 180, 190. that would have collected about $4.10 per contract had you sold five, you would have made the $2,000 you were targeting to make on the down side of course you can face risk if it goes higher,

mobile sports betting is only live in 13 states right now.out ar, vr, metaverse, these are all areas where draft king is going to play in the future we talk about $4 billion for revenue for draftkings in 2025, i think that's reasonable and leaves plenty of upside for the stock. now we are back to the 2020 high at 43.70 and that has been good support for the stock, but i think it's a reasonable entry point. >> i am not a betting person in any shape or form. but the house lost a bunch of nfl bets to their customer and that was the reason. should one be concerned that they don't have the algorithm or whatever it is to figure that out in advance or in a better way? or no? >> you know they will be figuring it out soon, mel. but that's one part of the story. also people are looking for greater profitability. there were also some issues around the partner i do believe from a technical standpoint it is oversold. not to say fundamentally you have to throw this out but there are challenges it is a bit of prove and show me from a technical standpoint we

that would be a loss of nearly 130 per share for 13,000 on your 100 share bet.ad you had executed an options trade and bought at the money 170 puts and sold the 150s against it. you would have needed to have traded two of those. that is a per share price. president so is 1080 if you found two puts, you would have spent $14.80 or $1480 total an your medical aximum profit w been $2520 volatility has completely exploded there is other trades you could have done as well. you could have sold some upside call spreads that would have been about $4.10. you would have made about 2,000 that you were targeting down the downside you can face risk if you're on fire, but you would have limited your losses. that also still would have lost some in that trade, too, but it demonstrates there is more than one way to speculate on a stock's direction using options. you can cap the amount of options you take but i mean not having some form of insurance on the upside that can present really uncomfortable risk that that is not a trade i typically recommend. >> what are your thoughts ab

affirm holdings, is this the stock to bet on? it's soaring in after hours earnings the numbers straight ahead later inflation nation, consumer prices seeing their biggest jump in more than 30 years. how you can hedge yourself against rising prices. >>> disney, the stocks are down 3% after reporting a major miss for disney plus subscribers. let's getright to julia. >> earnings of 37 cents per share instead of 50 that were estimated. they fell short of 18.8 billion. and that all important disney subscriber number. they added 2 million, which was in line with the slowdown the ceo warned about but it was still far less than the 9 million that analysts were hoping the company would add on the call which is happening right now, chapek says they are focused on long-term numbers, not quarter to quarter he said they are still on track to get 240 to 260 million subscribers. he said they are continuing to invest on content. they originally said it would be between 8 and 9 billion by 2024. they said it will be more than that they said they w

i've long said it's never ever been a good bet to bet against the american people. never.t it really means is bet on the american people. give them a shot. give them a shot. that's what these plans do. they bet on average americans. they believe in america. they believe in the limitless capacity of the american people. if you look at the history of the journey of this nation, what becomes crystal clear -- not a joke -- given half a chance, the american people have never ever, ever, ever, ever, ever let their country down. we're about giving them a full chance this time. and when we do, there's going to be no stopping us. i truly believe that 50 years from now, folks are going to look back and say, “this was the moment, this was the period, this year and the next couple years, when america decided to win the competition of the 21st century, to get in the game full bore.” so my message to all of the american folks is let's get this done. god bless you all and may god protect our troops. announcer: c-span is her unfiltered view of government funded by these television compani

i refused to bet, refused to bet in the atlanta, won, a couple world series. so i'm not going there. >> we're in overtime but got to ask you this. all of those games you mentioned where you bet and lost, were you in attendance? >> no, no. the montreal in -- they were all away games. >> away games? okay. >> yeah. no. all away games. afc championship in denver. montreal game game six lost in montreal. penn state game, bowl game, new year's eve. forget where the game was but we lost that game as well. >> so, and i ask that question because if the red sox do, indeed, make it to the world series, are you going to -- going to sneak off to go to one of the games? >> listen, let's -- we're going to -- we have to focus on tonight and we'll fill in later. not breaking any news here. i'm going to take it one inning, one pitch, one inning, one game at a time. >> what i hear -- >> this team -- this team does seem to have something special going on. this red sox team. it does remind me of the '07 team. reminds me of the '13 team. up know? '07. superstars. there are stars on

it has never been a good bet to bet against america. never. there is no limit to at the american people can do. there is no limit to what nation can do. this is not just a political speech. i believe this is a fact of history. no limit given half a chance, just have a chance, the american people have never let the nation down, ever. this is again delegation, this new law gives our people a chance. we are at an inflation point in world history. things are changing. not this year but across the world. the question is how do we respond to it westmark what do we do? -- to it? what do we do? i give you my word. 15 years from now, historians will look back at this moment, the last two years and they will determine whether or not that moment did america win the competition for the 21st century or did we lose it? that is where we are. all of the pieces of the globe are changing. we had get back in the game. we don't have to hurt any other nations. we have to get back in the game. if we don't get back in the game, who else is going to deal with the cri

i bet it is- i bet that _ privilege for a decade now. i bet it is.i bet that if something see. how do you think this $19 million in this agreement enhance the work that are doing? this agreement enhance the work that are doinu? ~ ., this agreement enhance the work that are doinu ? ~ ., .,, ., are doing? well, we are hoping that are doing? well, we are hoping that a significant — are doing? well, we are hoping that a significant proportion _ are doing? well, we are hoping that a significant proportion of— are doing? well, we are hoping that a significant proportion of that - a significant proportion of that transitions from the sources hands to our hands and was evidently on to the local communities, which are the true agents of forest preservation and restoration. so, that's how it will make a difference. but and restoration. so, that's how it will make a difference.— and restoration. so, that's how it will make a difference. but some of these agreements _ will make a difference. but some of these agreements to _ will make a difference. but some of t

i would never bet against nvidia and probably i have not bet enough in favor of it in the last three years and i am bored with it. you could complain about it for the last couple and think about the 120% in the last month do you think there is a fair time of metaverse or omniversus rf n the stock be sure of that. they will be ahead in the next kind of wave, yes, i believe that i don't bet against them i think there is competition coming we talked about amd. they are taking on all of the big players across multiple sets of graphics, gaming, memory and some of the traditional bricks and mortar and intel i think competition is coming. >> 34 times price to book. big numbers everywhere you look. big stock run, big earnings, but big valuation. how do we frame it >> no question about it. the stock moving after hours the stock was down 3% in trading. we will see tomorrow all of the hype around metaverse and all of the things we are talking about. for the short-term my thought is it went too far, too fast. it has always been expensive but never this expensive tim mentioned amd. these companie

i wouldn't bet against carter.ave done that in the past and it hasn't worked out well for me >> coming up, shares of lenair and a bet that the home builder will keep climbing black friday is one week away and companies moving to keep up with it. an inside look on how things are gearing up frank? >> this is the busiest ups facility in the nation drivers leave every day with these packages coming up, we will take you inside where they learn the techniques and tactics to get your presents delivered on time and generate profits for ups that and more coming up on "fast money. when it comes to autism, finding the right words can be tough. finding understanding doesn't have to be. together, we can create a kinder, more inclusive world for the millions of people on the autism spectrum. go to autismspeaks.org [ poor audio ] >> hey, frank? >> ups is adding -- right behind -- poor audio ] >> a 30% increase. also predicts -- at ups boot camp we got a look at training -- [ poor audio ] >> labor and cost -- since most recent ear

on an asset allocation bet, is t. rowe price saying wait to small-cap because you are waiting on a certain growthine ss? sebastien: we are slightly overweight small caps at the moment. our tactical asset allocation is looking ahead six to 18 months, which is a world where hopefully , there is likely less covid, and we are thinking that the recovery has been kind of delayed with delta, but not derailed. we have actually sold 1%, which is not a lot of our stock exposure relative to strategic targets, but we have added risk back into the portfolio by playing the recovery trade, which includes a long position in small caps. small caps are the asset class of choice in a growth environment. we are going to face less growth. we all agree on that, and we all kind of worry about the deceleration, but 4% growth next year, that is still a very high number, the second highest in over a decade. so we are still in the recovery, and this is where small caps tend to be the asset class of choice. lisa: how concerned are you about dist

they're betting against your instincts. you have a whole cottage industry of experts why they would never, ever turn a profit no matter how much you like their services and products. no matter how much you pay many of these so called professional money managers were too skeptical. they thought the companies were run by dreamers with their heads in clouds when in reality they were ruthless business men who also happened to be positioners. today both companies are incredibly profitable. they've never been held to account. that's what we do here then tesla came along. that's one of the greatest stock stories ever told. this is a company worth $1.2 trillion when you lump them together, they're not worth a fraction of tesla. maybe it's not so much a car company. every step of the way you heard tesla's valuation was divorce from reality you can't justify that market capitalization on the basis of the numbers. you can only justify it on the basis of vision. if electric vehicles are indeed the future of the auto industry and tesla

the autocrats of the world are betting that democracy is over. that this is the, what did he say, the sunset of american democracy. we need to prove them wrong by showing that our form of government, democracy, still works and can deliver for our people, can make us not just competitive but can make us win the fights of our day. he made this case that we should want that for ourselves in terms of our welfare as a country, but we should also want that so that, to coin a phrase, the, you know, government of the people, by the people, and for the people shall not perish from this earth. president biden from the very beginning making this public case that the autocrats of the world are committed to the idea that the united states of america cannot deliver real results because of this unwieldy, cacophonous, inefficient, democratic system that we've got. they're betting on it. they are committed to our failure. so we have to show our success. we have to show that they're wrong. we have to prove that we can do it. that we can govern. we can deliver. we

so call me at 1-800-743-cnbc when you're picking stocks you're making a bet on the future, which means you need to understand the future. that's why we come out to silicon valley every year. they are possessed by the future, they don't want to be trapped in the past. it's good for business and has the added advantage of being good for the planet. on a day where the dow lost 269 points, the tech heavy nasdaq jumped 0.4%. it's easy to see the power of the future that's how you pick the right stocks i'm always helping you try to make money by any legal means necessary, whether i'm teaching you directly, being taught myself or teaching you in the investment club. but you're going to see real teaching when you see our visit to nvidia's headquarters earlier today. wow. mind blowing now, if you have a sense, a good sense of thefuture, it's easy to identify possible winners but there are all sorts of time frames for the future. when you see the nvidia tour, you'll get a vision of the distant future now, though, we need to deal with the closest future, which brings me to our game plan for next

in looking at betting markets.re is this huge amount of uncertainty as to when we will see a policy pivot. we might not get one, and which case we are talking about a much more difficult outlook as the curve continues to steepen and our inboxes are full of all of those recession types of stories. lisa: you are not alone in looking at. of pages on whether -- looking at prediction pages of whether fed chair powell will be the chair next year. i wonder what it would actually due to the potential stance of the federal reserve when governments want a central bank that is dovish. frances: most of the time we would say do not pay attention who is running the fed. focus on the data. except right now, the outlook for the fed is very binary. the fed is looking from the inflation site, which i don't think they would be successful at taming. in which case we are talking about more curve flatters in a shortened cycle. the fed is saying labor force partition rate -- participation rate is still really suppressed. our job market i

but here and now, actually, i think the trade is to bet it stays where it is. you can make a lot of money in the options market doing that. look at the next slide this is, again, a very well-defined range it's been persisting now for about six months let's drill down and look at even tighter this next slide shows you precisely the ranges that have been in effect 183, high. midpoint is 262. the final chart is bringing it all together what we know is you are talking about 3.5% to get to the high, 4% to get to the mid point i think we will be there between now and the end of the year. vacillating, gyrating, but making no progress the trick is to put on an options trade that can profit from a sideways period >> mike, help us make some money on what carter just laid out >> yeah. so, first, we ought to talk a little bit fundamentally about iyt, the transportation sector, what it really is. first of all, 34% in terms of this entire index is the rails interestingly enough we are all well aware there have been significant challenges with the supply chain that presum bly

part of your question -- >> yeah, as it pertains to sales and promotions, what can we expect >> you bet well, as we were just talking earlier, we are operating our business very well and very profitably and as it relates to consumer pricing, value is a core tenet of kohl's. we are always doing a lot to make sure that we're offering relevant pricing, great deals. we've invested a lot in technology and capabilities from an analytics standpoint to help us price our goods and whether that's up or down. we actually have seen some good full price selling and that's really come off of our pricing and promotion strategies and our inventory management disciplines. i'd say just the headline for kohl's great deals, great value, and especially this holiday. >> you've had some recent experience dealing with some activist investors we know that there are some activist investors present in some of your competitors that are urging department stores to look at what sachs is doing because it is such a growth vehicle. they are a much smaller business, goes after a different customer it's not the same thin

r i hear you, but i think the bigger picture investorsx■ are just not getting that x■granula to bet(eturns. i'm so glad we did this. i'm so glad we did this. i'm so glad we did this. i'm so glad we did this. i'm so... ...glad we did this. [kid plays drums] life is for living. let's partner for all of it. i'm so glad we did this. edward jones with xfinity home, you can keep your home i' and everything in it. more protected. i can wrangle all my deliveries. thanks, hoss! and i help walk the dog from wherever. *door unlocks* ♪ ♪ well, i can bust curfew-breakers in an instant. well, you all have xfinity home, with cameras to home security monitored by the pros. *laughs* learn more about home security or get our self-monitored solution starting at just $10 per month. >>> the broader china teche■ sector getting aç■ booster alibaba up 2%.ç■ tim, good news for now what do you think ofe■ the sect■ >> veryÑi■good news. even theç■ fxi was up. some oft(■the hong kong listed china stuff including banks and industrials.q■ j.d..comÑ■ upe1 e■60% year overr evenl■ though this is 4 percente level off

and we're talking to the founder of the now-super hot reddit wall street bets.ear. you've got to hear how he started this web site, how he watched it grow and the original winning trade that began to happen shortly after he founded it. it is a fascinating story. the developing platform that sparked a retail rebellion. listen on apple, google, spotify, foxnewspodcast.com, anywhere you get your podcasts. closing bell, 17 minutes away. the dow now up 208 points. we are watching every tick of this market. don't go away. ♪ ♪ carefully constructed. to go beyond ordinary etfs. and strengthen client confidence in you. before investing consider the fund's investment objectives, risks, charges and expenses. go to flexshares.com for a prospectus containing this information. read it carefully. you're a one-man stitchwork master. but your staffing plan needs to go up a size. you need to hire. i need indeed. indeed you do. indeed instant match instantly delivers quality candidates matching your job description. visit indeed.com/hire bogeys on your six, limu. they need customi

on reddit. >> wall street bets.-hot reddit that's already dtit. >> the reddit effect is real and it's shake up traditional financial markets and lowering barriers of entry for individual investors. >> it's nothing short of remarkable >> the forum was founded in 2012, but went mainstream during the pandemic in 2021 when users spurred by retail investor keith gil better known by his online moniker roaring kitty, executed a short squeeze. >> i'm not a cat and i'm not an institutional investor >> leading to a wild rise in the slumping brick and mortar video game retailer once on the brink of bankruptcy. >> gamestop shares, there's nothing normal about what you're seeing when it comes to the stock right now. >> since then, armed with stock trading platforms like robinhood and ameritrade have championed several money-losing companies like amc, bed, bath & beyond while they take down short will sellers in the process they've led to congressional hearings and a potential gamification of the markets as well as the evolving r

i have long said it has never been a good bet to bet against the american people, never. with that really means is bet on americans, give them a shot. that is what these do. they bet on average americans. they believe in america. they believe in the limitless capacity of the american people. if you look at the history of this nation, what becomes crystal clear -- not a joke -- given half a chance, the american people never ever, ever, ever let their country down. we are about giving them a full chance this time. and when we do, there will be no stopping us. i truly believe, 50 years from now, folks will look back and say, this was the moment, this was the period, this year and the next couple years, when america decided to win the competition of the 20th century, to get into the game full bore, so my message is to get to work. let's get this done. god bless you all and protect our troops. i will take a few questions. >> the election results, how did they bring this bill to the finish line, and how did you bridge the gap between moderate and progressive's? -- between moder

. >> the -- focus of tuesday's meetings with bets it may be scrapped. >> the summit with a pledge toit net zero emissions by 2070. across wall street, u.s. futures muted. the s&p 500 finished again at an all-time high, third consecutive session of gains. we have solid corporate earnings offsetting the disappointing manufacturing data we got earlier today. the dow up one point, touching the 36,000 level for the first time ever. oil at the moment under pressure but still $83 a barrel. we had it rising in the new york session, but paring back earlier gains given that we continue to see rising u.s. stockpiles. take a look at november. this is the fourth day of november in -- first day of november in the u.s. and is historically the second-best performing month for the s&p 500. just trailing april, which would be your month of tax returns. more than 80% of s&p 500 companies have topped estimates, despite the fact be continue to see supply chain disruptions. we continue to see record margin expansion. the s&p 500 rising 6% since earnings season began october 13. that would be the highest f

i made a bet with their mayor and i had to wear a jersey. the following winter, boston college was in a bowl game and i took bc and we lost. i stopped betting. the next sport up was he patriots versus seattle. we won the super bowl. i refuse to bet. i fisa but in the atlanta game and we won the super bowl. we won a couple world series. i am not going there. >> we are over time but all those games you mentioned where you bet and loss, were you in attendance? >> no. montreal -- they were all away games. the afc championship that year was in denver. the montreal game was game six and we lost. the penn state game was a bowl game. it was new year's eve. i forget where the game was but we lost that as well. >> i asked that question because if the red sox do indeed make it to the world series, are you going to sneak off to go to one of the games? >> listen, we will focus on tonight and we will fill in later. i'm not breaking any news here. one inning, one pitch, one game at a time. >> what i hear is -- >> they do have some big special going on, thi

[laughter] caroline: i bet it is really reasonable.o you think he is standing in line with the documents that he has to sign? romaine: he is not putting up with that. [laughter] he is pulling the bentley around. let's talk about it. caroline: we have the bloomberg deals reporter. it was a lot of bright talk from the executives. they have had a remarkable turnaround, all credit to them, but it was not a remarkable day in terms of trading. >> i look at this and i am, like, i am in a meme? or is this reality? the reason they are here is because of retail investors. at the beginning of the pandemic, they were trading really well and that kind of caused why they wanted to come back to the equity market in a more formal way, through nasdaq. sonali: i remember it wasn't that long ago when they wanted to do a stock sale in the sec said, no way. did the retail investors lose out here? crystal: they didn't lose that much. only 10% down for the day. all the existing, all the proceeds are secondary shares and will go to existing investors. some wi

i've long said that it is never a good bet to bet against the american people. never. that means bet on the american people will stop give them a shot. that is what these plans do. they bet on average americans. they believe in america. they believe in the limitless capacity of the american people. you look at the history of the journey of this nation, what becomes crystal clear, not a joke, given half a chance the american people never, ever, ever, ever, ever let their country down. what about giving them a full chance this time? when we do there will be no stopping us. i truly believe 50 years from now folks will look back and say this was the moment, this was the period, this year and the next couple of years when america decided to win the competition of the 21st century, to get in the game fullbore. my message to the american folks is, let's get to work. let's get this done. god bless you all, may god protect the troops, and i will take a few questions. >> to what extent did the election propelled the bill to the finish line and how did it bridge the gap between m

liz: i'm good on the bet i'm shaking, reaching out and i'm shaking your hand on this bet about whetherhere will be an invasion in ukraine. we shall see. >> no, best bet, yes. liz: thank you very much. >> bye-bye. liz: hundred thousand troops on the border okay we shall see. i took the side opposite of him. president biden meeting today with some of the nations top retail ceo's as the white house works to straighten out the supply chains before the holidays. the clock of course is ticking down we're going to take you straight to the white house for a live report on what was accomplished and what was decided. 14 minutes before the closing bell rings, the dow still up 269 , we do have the s&p up 67, nice moves for the nasdaq as well. we are coming right back. i promise - as an independent advisor - to put the financial well-being of you and your family first. i promise to serve, not sell. i promise our relationship will be one of partnership and trust. i am a fiduciary, not just some of the time, but all of the time. charles schwab is proud to support the independent financial advisors wh

, or bets in the shape of the yield curve, a lot have been wrongfooted. it has not been a great time in this part of the market. dani: you mentioned volatility and the liquidity, and with hedge funds having difficult he, what does participation look like? are people not willing to step into the volatile market question mark -- into the volatile market? kristine: you have your primary dealers, and investors who have to be invested in one way or another in the most important bond market in the world. in terms of participation, they are there but they are seeing more challenging conditions. we are heading into year end so that is a challenging time for a lot of funds, because they are closing their books and trying to take stock of going into next year. this is contributing to the interesting time where volatility is high, liquidity is doing not so well, and making things more tricky. tom: how should investors think about the geopolitics? we have a warning about a possible invasion of ukraine by russia. on the upside you have this potential meeting between p

next twitter teaming up with walmart for a big holiday shopping event we'll tell you about the big betil dollars. first dark web deals robinhood's data on sale on the dark web as an independent financial advisor, i stand by these promises: i promise to be a careful steward of the things that matter to you most. i promise to bring you advice that fits your values. i promise our relationship will be one of trust and transparency. as a fiduciary, i promise to put your interests first, always. charles schwab is proud to support the independent financial advisors who are passionately dedicated to helping people achieve their financial goals. visit findyourindependentadvisor.com earn about covid-19, the more questions we have. the biggest question now, what's next? what will covid bring in six months, a year? if you're feeling anxious about the future, you're not alone. calhope offers free covid-19 emotional support. call 833-317-4673, or live chat at calhope.org today. >>> welcome back to "fast money. we are following new developments on the back of that massive robinhood hack to eamon jave

are betting we cannot. and i promise you, they are betting we cannot. they believe are too full of angry division and rage. we look at the images of the mob on this salt of the capital is proof. that the sun is setting on american democracy. but they are wrong. you know, i know it. we have to prove them wrong. we have to prove democracy still works, in another era, where democracy is tested, franklin roosevelt reminded us, in america we do our part, we all do our part, that's all i'm asking. that we do our part. all of us. if we do that, we will meet the center challenge of the age by proving that democracy is doable and strong. on a crafts will not win the future. we will, america will. folks, as i told every world leader i've ever met over the years, it's never been a good bet to get against america, and it still isn't. we are the united states of america. there's not a single thing, nothing beyond our capacity. we can do whatever we set our minds to do, if we do it together. so let's begin to get together. god bless you all, and may god protect our t

let's start with sports betting.on since september when you announced the acquisition of open bet. where does it fit here and why is it an important component of your overall strategy at the company? >> first of all, thanks for having me. we already were in the sports betting business this will give us more clarity in our sports practice because we're going to start a fourth segment. we had img irenau, which had the business and data feed and then closed in the first or second period of next year we're a fully integrated one-stop shop for all the book holders. and there's such an upside with all the states now legalizing sports and international also. with where we sit with sports plus the production of sports and sports betting, we think we're the optimal player in sports and sports betting globally and we think the mark probably is 2024, a 77, $78 billion business in sports betting alone. >> i mean, there's no shortage of competition, to a certain extenlt. i know you think profits are going to be big. in-game betti

if you think about this thing, it's never been a good bet to bet against america. every world leader i meet with and he starts something, i said it's never been a good bet. never. give americans half a chance, ordinary americans half a chance, they have never, ever, ever let their country down. not once. because of maggie and gene and annie and chris this bill give ours people a real chance. gives us a real chance, gives everybody a chance. that's why i true lew believe that 50 years from now, when historians right wreath about this moment, i think we're going to talk about this is the beginning of the time where america recaptured the competition of the 21st century. we reasserted ourselves. that's exactly what we're going to do. what we can do, what we will do. i promise you. god bless you all. may god protect our troops. thank you for your time. [applause] thank you. ♪ [captions copyright national cable satellite corp. 2021] [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy visit ncicap.org] ♪ ♪

your best bet? lori: the europe and u.s. are best bets for the near term.s better participation in economic whatever there. consumers are very flush with cash. they continue to get better wage growth as well. we see the u.s. and europe as being an anchor for global growth. we try to be more diversified in our exposure. shery: always great having you, global chief investment officer at state street goebel advisors. -- global advisors. shares of tesla dropping, elon musk posting a puzzling tweet about a car ordered from hear st. also unraveling the mystery, su keenan is here. let's start with elon musk and pursed -- hearst. su: he is sending a tweet to allay concerns for the owners, what about me? perhaps hearst getting in front of him, they made very big news last week. the rental car company recently emerged from than group c and placed an initial order of 100,000 teslas. 4.2 billion planned to electrify the rental fleet. that announcement sent shares of both tesla and hertz on a big rally. apparently in response to a cap dutch tesla fan account pinking mus

i bet you know, church boy.en ♪ ♪ wade in the water trouble the water ♪ >> we'll be right back. of your ? lowering your a1c with once-weekly ozempic® can help you get back in it. oh, oh, oh, ozempic®! my zone... lowering my a1c, cv risk, and losing some weight... now, back to the game! ozempic® is proven to lower a1c. most people who took ozempic® reached an a1c under 7 and maintained it. and you may lose weight. adults lost on average up to 12 pounds. in adults also with known heart disease, ozempic® lowers the risk of major cardiovascular events such as heart attack, stroke, or death. ozozpisn f peoplyp1 abes.ck in my type 2 diabetes zone. don't share needles or pens, or reuse needles. don't take ozempic® if you or your family ever had medullary thyroid cancer, or have multiple endocrine neoplasia syndrome type 2, or if allergic to it. stop ozempic® and get medical help right away if you get a lump or swelling in your neck, severe stomach pain, or an allergic reaction. serious side effects may include pancreat

now bullish bets narrowed out bearish and this is longer the stock by about $5.5 million worth of theecember 15 calls, over 1900 were trading at about $1.72 and buyers are betting that the stock could get above that $50 strike price and obviously there are hoping for a bit of a rebound after earnings >> tim, what do you think? do you like lyft >> i like uber more than lyft. i think both of the companies have had exposure too reopening and cyclical and labor cost. think lyft is losing market share. enough where it is costing the stock and the under-performance. if anything, i realize that the uber business model which is one that seemingly pushes oust profitability is the one that is so much more interesting again the super app that has not just grocery deliveries but the purchase of drizzly. everything that would be transported, i think they're going that way and it is a much bigger opportunity so at a time when both stocks have been largely dead money for the last couple of years, uber has outperformed lyft an i think there is a reason for it. >> once upon a time you wanted a more fo

that's contrary to those who are betting against things i bring this up because there are so many hedge fund managers endlessly shorting stocks, up to 50% short, which means they always have to find creative ways to bet against something, even if they're not confident. let's think about what happened this week. remember, these funds got hit with an ugly cpi number. all those commentators came out, fantasizing about how jay powell will watch cnbc and come out and say we need to call an emergency fed meeting, slam the brakes on the economy. that leads tons of hedge funds to short the growth stocks i'm talking about airbnb and jordache, as well as the semi-conductors and fang in football, what comes next is a trap game. an upcoming game you're not even worried about winning, then the other team puts on a spirited contest and somehow wins or beats the points spread, and everyone who bet against them is crushed. and that's what happened that drove stocks up at the end of the week it was the short sellers covering they got beaten in the trap game everything was supposed to go the way it simpl

it's never been a good bet to bet against america. never.'s no limit to what the american people can do. no limit to what our nation can do. because folks, this is just not a political speech. it's a fact of history. no limit. given half a chance, just half a chance, the american people have never, ever, ever, ever let the nation down. never. because of this, this michigan delegation, this new law gives our people a chance. more than half a chance. we're at an inflection point in world history. things are changing. not just here. across the world. and the question is, how do we respond to it? what do we do? i truly believe, i've given my word as a biden, i truly believe that 50 years from now, historians are going to look back at this moment, the last two years, the next four or five years, and they're going to determine whether or not that moment did america win the competition for the 21st century or did we lose it? because that's where we are. all the pieces on the globe are changing. we've got to get back in the game, folks. we don't hav

four of five institutional bets were puts.rnings, we did see some bullish bets. on balance, the "options action" did get a little bit shorter in qualcomm today >> tim, what is your take on qualcomm >> in the world of supply chain and chip world, the valuation is so cheap what we have heard from apple and a few other folks doesn't bode well. i think the stock is interesting. i think it's weathered a handful of existential issues. i think it makes sense in this environment. >> top chip pick, dan? >> last week after the earnings call from intel, i thought if you saw this in the mid 40s, i thought it was a good value play the other one is taiwan semiwhich i have played a couple times in the last six months that valuation looks good, too, if we can get by some of these taiwan frsea and bottleneck supply fears >>> up next, final trade we list. like jack. he wanted a streamlined version he could access anywhere, no download necessary. and kim. she wanted to execute a pre-set trade strategy in seconds. so we gave 'em thinkorswim web.

although you won't be bed bet betting or twitter, you're going to download the twitter app. we're going to continue to grow the investment you see from the financial services and crypto advertisers on our platform over time >> one last question, this comes from my daughter who first put me on twitter in 2009. she said you've got to ask ned why he allows all those nasty comments about you, and ask him whether that's because twitter makes more money having those than not >> well, as you know, we work so hard to promote a healthy conversation on twitter. >> you do. >> we want people to feel safe being a part of the conversation we want them to trust the information they see we have policies that we try to enforce consistently, transparently, and all around the world in the same way, and we've promoted more and more controls for people. you can go to twitter now, and you can start a conversation and if you don't like how people are replying, you can remove people from the conversation. you can block them >> how about if we ask for their real names. >> there's some situations whe

this is the end of the year and i'll ride this thing higher and thanks what that bet told me and i'm all of the more comfortable with my tech bet right now >> that's why i posed the question the way i did at the top of the show whether it confirms or questions the move in the overall market. the nasdaq being where it is seems to me to be yet another signal that we're only confirming the rally this week if we're able to withstand the kind of move that we saw in rates and what may continue to go from here and the nasdaq may get a 1% gain on the day that needs to be viewed as nothing but bullish. >> yeah. i just feel like the nasdaq is highly dominated by 5 it 10 very large companies and so what you're seeing there may not be that great of an indicator for the rest of the portfolios unless you're in the cues specifically because when you look at some of the technology stocks that have been struggling, there's really no balance in sight for any of them twitter and snap look like tech on toast zillow look doesn't look like it's bottomed yet. >> i don't want to talk about peloton. >> carri

how much does that play into what your bets are, you're leaning a little bit more sick lickar than what you think of to be the next growth, quote/unquote environment to be. are you perplexed with the ten year and why rates aren't really acting the way you would think they would >> yes, steve, i am a bit perplexed to be honest i think if you look at the long-term trends since rates bottomed, it is actually been in a steady upward trend. as soon as it getz a little bit of ahead of itself, you start to see the downward pressure on rates but we're right in the long-term trend if you were to have one of the technical analysts on, on the show, they would tell you we're in this nice little trend channel and very supportive of furthermost higher rates so i think the reality is the fed has cornered the market on treasuries, they own 15% of the 10 to 20 year maturities and that support will come out so i think that especially in the environment where growth we think will still be pretty good here, that should continue to send rates higher and sos that where we're positioning in the book. >> what