our traders tonight, guy adami, tim seymour, brian kelly, karen finerman and mike khouw. let's get to the big story. hot stocks of july. some big names were a cut above the rest. we're breaking down the reasons for why it could continue for tesla, trip visor apple netflix as we enter the month of august. guy adami. >> tesla, we said as long as it held the secondary the stock would be okay. i think the secondary was 92.5 93. it was okay. it bounced. a couple weeks ago i was convinced it reversed and was headed lower. i was 100 wrong. ten days later anthony deutsch comes out with their note and the stock is off to the races. at these current levels although i was wrong a couple weeks ago i still think you have to look to sell this thing ahead of earnings on the 7th. the last quarter was a blowout quarter. i'm hard pressed to believe they can do the same thing twice, especially given the stock that the stock is 40 $55$50 history. >> bmv revealed it's new car and to quote dr. j. it's a hot car. >> hot is relative to dr.'s standards. >> would you be taking profits ahead of the

it's just not working. >> brian kelly, you're not a believer in the rally. you're not buying stocks. >> 0 no. i understand i josh is saying but a lot of things in the world could bring the market down. if i look at stocks they're not particularly cheap, not particularly expensive. when i see a headline that says bigger breakout to come the trader in me wants to short that. i'm not shorting the market right now. >> it's been the wrong side to be on. >> we did have the pull back. >> what would you invest in if you had ten plus years until your retirement when you were actually using the money where do you think is a better return. >> emerging markets, the u.s. dollar those are two of the ones that i would buy. instead of buying the s&p, i would rather by eem. if you believe we're going into robust growth emerging markets are going to do well. >> give us the hedge fund view of the world as we sit here now and figure out how long the liquidity is going to keep coming. >> unwith of the great things that we get access to at sky bridge is we have over 1,000 hedge f

. >> joining us, brian kelly, founder of brian kelly capital and steven weise or shorthill capitol.illing in the market. and jim urio who plans to read steven weiss' novel. >> i already bought it. i really did. >> then why haven't you read it? >> what's your review of it? guys, what is going on in this market? you love -- you have to love the volatility. we've had a real pickup in volatility in the last month or so. >> sure. that's here to stay, too. if that's the one thing we could take away from this, is what the fed has done is tamp down volatility and now they are starting to let it out a little bit. i happen to be of the mind set that that's not a great thing for higher asset prices. >> you're not that bullish. >> i'm not that bullish. >> how come? >> when i look at what the market is saying today, it's all built on what ben been rnanke i saying. when you book in a book valley higher than 9%, since the back half of 2009. >> right. we've never had corporations that have been leaner, have been more productive. >> 3.6 billion in cash. >> 3.6 billion in cash. we're in the cusp of a

. >> brian kelly? >> a name i haven't trafficked in a while, grlg. >> guy?t going to end at 15. this seems to be wanting to go higher. but i think lumber liquidators, ll looks interesting. welcome back, mel, good to have you back. >> good to be back. and trading as high as 16.77 here in the after hours. i'll see you on monday "options action" begins after this break. know can hurt you. what if you didn't know that it's smart to replace washing-machine hoses every five years? what if you didn't know that you might need extra coverage for more expensive items? and what if you didn't know that teen drivers are four times more likely to get into an accident? 'sup the more you know, the better you can plan for what's ahead. talk to farmers and get smarter about your insurance. ♪ we are farmers bum - pa - dum bum - bum - bum -bum ♪ [ male announcer ] here at optionsxpress, our clients really seem to appreciate our powerful, easy-to-use platform. no, thank you. we know you're always looking for the best fill price. and walk limit automatically tries to find it for

transportation no longer exists as such and in this place there is simply cal sta, which we now have brian proven kelly who's in charge of nothing but transportation and the focus is cal transand high speed rail so you have a very experienced secretary with focus on transportation, which is a very good development. i have two more quick things to brief you on. one is working with staff over the last two-and-a-half weeks an issue has arisen in terms of the -- there's a dispert treatment between your agencies enabling statutes and other statutes that govern local taxes and that is this 1986 enabling statute that you operate under had an overall can only be one percent in 2003 other sections of the revenue and tax code were updated to impose an overall 2 percent cap overall so we're seeking language to be inserted into a bill and mod /tphaoeuz that an bring it up to be consistent /aeu /kwrosz the board. sis >> any opposition to that yet >> i'll give you an overview of the positions, the current status, the agreements that are the /subts of item four and the consultant contract of subject of item number fi

day to day with an uncertain future constantly on the horizon i met brian at an immigration reform rally the rally coincided with kelly's tenth birthday but instead of a cake and a party this little girl had cupcakes and a picket sign asking for the government not to deport her dad and the land of opportunity brian risked his life to enter has not been as down to full as he had hoped for who. you know just yesterday i didn't have any money my daughter wanted a gift for her birthday i didn't have any money she just wanted shoes but sometimes he gets lucky as a day laborer do. you know make an american showed up and he asked me if i could rake up a few leaves and i said yes and i asked him how much he would pay me he said fifteen dollars an hour i said yes the american was so pleased with it that he gave us fifty dollars for two hours of work i said wow thank god i have fifty dollars to go buy shoes for my daughter so i went back from work and we took our bikes and we went to a store that is close we bought her shams in part two we'll hear from kelly about whether she'll stay in the us after her father leaves or follow hi

. >> brian kelly? >> sell vgk, sell europe. >> karen? >> foot locker. >> guy? >> see you tomorrow at 5:00. "mad money" starts right now. >>> 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 and i promise to help you find it. "mad money" starts now. hey, i'm cramer. welcome to "mad money." i just want to try to make us some money, although i happen to have a few friends with me in the studio tonight. not just to entertain you, but to educate you, so call me. you can base your whole investing philosophy on what the federal reserve might do next. ♪ or you can base it on what stocks will do next. ♪ and i got to tell you, investing in stocks is a heck of a lot easier way to make money than investing in the federal reserve. while so many people seem to hang on the interest rate, some contributed to the bla performance of the averages. nasdaq advancing, it's the stocks themselves that determine whether or not you made money in your portfolio. individual stocks give you plenty of ways

. >> mark it's brian kelly. the one thing that was going around today was what does taper mean?re talking about -- many at the fomc thought they would end bond purchase by this year which would mean starting in september a steep and fast taper. where are you on this if you are saying they're going to start in october? how fast do they taper? >> the primary surveys significant that the primary dealers that hold consensus that the first tapering will be about 20 billion dollars. that still allow is for even if you assume they start in october, allows for something like $450 billion of long term assets to be purchased here in the second half. >> is that $20 billion a month that they would do? >> right now they're doing $85 billion. we are talking about the primary dealers. what the market expects would reduce it by $20 billion. >> mark, thanks very much. upnext young brand is getting a boost after hours. plus one of the analysts on the street gives us the inside scoop on what he's looking to hear from steve balmer and his crew ahead of microsoft's big reorganization plan. and at th

. >> bowles later invited director of photography brian kelly to experience mattress curling.ne of his improvised in-cell workouts. >> stick your ass out, like you're taking a squat. guarantee that will [ bleep ] you up quick. >> it's heavy. >> yeah. you feel it? >> oh, yeah. >> my arms are bigger than his. >> look at the guns. >> it was as if i was doing a barbell curl. i don't know what the weight was but there was some resistance there and it was an effective exercise for these guys to actually work their biceps. it was great. i'm going to go back to work. >> while prisons are full of male inmates, sweating and grunting through their workouts, we've noticed many female inmates take a more relaxed approach to fitness. >> by far, male inmates work out much more than female inmates. it's -- it's very rare to see a male inmate that doesn't work out. just like it's kind of rare to see a female inmate that works out a lot. >> but there are exceptions. >> and that's all me. all day long. >> this is a cage fighter right here. >> well, not anymore. i got a felony now. but, yeah. >>

our traders tonight, guy adami, tim seymour, brian kelly, karen finerman and mike khouw.the big story. hot stocks of july. some big names were a cut above the rest. we're breaking down the reasons for why it could continue for tesla, trip visor apple netflix as we enter the

our traders tonight, josh brown, brian kelly, anthony scaramucci and mike khouw. bullish break out. 500. could the market be headed for an even bigger breakout? most importantly, how should y

while an investor group led by ceo bobby codic and co-chairman brian kelly will separately buy 172 million activision shares for $2.3 billion. this deal will create a new capital structure, which the company says will drive meaningful earnings per share. after the deal, vivendi will retain a 12% stake in activision. to this point, they had a majority control, 61%, they held for five years. really interesting structure, though, if you look at the terms of the deal, they're paying less than $14 a share for that. you can see that stock is up 10%, well above the price they're going to be paying. >> i remember when this deal happened. >> me too. five years ago. >> bobby codic could tell me, you know, he can laugh at me and make me like eat crow and stuff. it was something about the deal when it was done, or somebody valued some game at this unbelievable valuation and i thought this whole deal, it is not worth that much. that's assuming it is -- and i didn't even understand how it was working and it was a big positive, and it absolutely was. and bobby codic is going to be -- probably got a billi

>> well, we have established a fantastic relationship with green mountain and brian kelly, the new ceoour new agreement extends for many, many years and it will give us a new proliferation of additional skews, and we just shipped our 1 billionth k-cup, and we have strategy to get stronger between starbucks and green mountain and that how it will continue. >> and ivan writes, what is the plan for teavana and when i order a hand crafted tea beverage? >> well, it is twofold, we can build 1,000 stores in north america and bring high quality, really elegant teas and loosely form and in the beverage form hot and cold into the starbucks' stores and you will see it in calendar '14. >> ralph, what is the status of alcoholic beverages? >> of what? sorry? >> alcoholic beverages. >> oh, okay. we are testing that evening part in about 25 stores and the results have been positive, and we are probably going the increase the number of tests maybe to 50 between now and the next six months or so. now, again, this is an example of starbucks being able to leverage our existing cost structure, labor, real

brian: right. >> gretchen: okay. there used to be more than 1,000 murders in new york city each year. now that he's in office, it's less than 200. but critics say commissioner ray kelly's frisk. >> brian: then when crocks attack, you have to see it to believe it. a crocodile bites down on a trainer's head in front of horrified tourists. after all, the trainer did put his head in his mouth what makes your family smile? backflips and cartwheels. love, warmth. here, try this. backflips and camm, ok!s. ching! i like the fact that there's lots of different tastes going on. mmmm! breakfast i'm very impressed. this is a great cereal! honey bunches of oats. i hear you crunching. apply cold therapy in the first 24 hours. but not just any cold. i only use new thermacare® cold wraps. targettemp technology delivers a consistent, therapeutic cold to stop pain and start healing. new thermacare® cold wraps. a better way to treat pain. mhandle more than 165 billionl. letters and packages a year. that's about 34 million pounds of mail every day. ever wonder what this costs you as a taxpayer? millions? tens of millions? hundreds of millions? not a single cent. the united states postal s

kelly: i started to sleep here. but i thought that might be improper. >> steve: no room at the inn. so he's in for brianeat to have both of you. >> anna: thank you. >> kelly: thank you. >> steve: we got a lot going on. >> anna: the hooters girls out on the plaza, i was having to fight guys. >> steve: funny, that's the first thing i thought of, too. >> anna: let's get your headlines. we have breaking news. a tour bus plunges off a highway in southern italy, leaving at least 39 people dead, including the driver. it smashed into several cars before flying off the highway and plunging 100 feet into a ravine. firefighters had to use saws to cut through the twisted wreckage. witnesses say it sounded like the bus may have blown a tire. the passengers who are from small towns around naples. there have been many accidents ton that stretch of roadway. >>> police just identified the victims of a deadly bus crash in indiana. they are colonial hills baptist church pastor chad felt, his pregnant wife, courtney, and chaperone tanya. they were all killed. the bus packed with teen-agers and their families on the way bac

. >> cnbc's kelly evans, thanks very much. brian shackman dropping in the education with eschewing.ning joe." ♪ [ male announcer ] clearly this isn't one of those speed-eating contests. that's a hebrew national hot dog. a kosher hot dog. that means we're extra choosy about the cuts of beef that meet our higher kosher standards. and only a good, old-fashioned slow-motion bite is gonna capture all that kosher delight. and when your hot dog's kosher, that's a hot dog you can trust. hebrew national. that's a hot dog you can trust. ever hebrew national. ybody has differentou can trust. ideas, goals, appetite for risk. you can't say 'one size fits all'. it doesn't. that's crazy. we're all totally different. ishares core. etf building blocks for your personalized portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus, which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. cheryl burke is cha

. >> brian, the thing i think links what bill o'reilly said on his program last night and ray kelly'secord is the idea that the best thing you can do for young african-american men, young african-americans in general is have a very intense law and order state that is very aggressive about policing and putting wrongdoers in jail because the victims of those wrongdoers are, themselves, african-american, and you have spent your adult career working in the criminal justice system. my question to you is, does that argument have purchase with you? >> no, it really doesn't. it's a distraction. trayvon martin wasn't killed because he didn't have two parents who loved him. he wasn't killed because of some social deficit or some cultural deficit. he was killed because of a presumption of guilt. all over this country, we're allowing black and brown children to be burdened with the presumption of guilt so they live their whole lives always being suspected. we had the president of the united states acknowledging his own dealings with this presumption of guilt. when anyone says that's not a problem

brian westberry, chief economist with first trust advisers. >> hi, kelly. >> michael, first, to you we'veairman lately. it seems inevitable between the statement and question and answer, we going to hear much more. i this going to trump earnings again? >> i i think they're both important. the fed talking around in circles. but what they have done is candidate the market to the inevitable you know tapering when they're occurs and the fed's disinvolvement going forward, whenever that is. i don't think it's anytime soon because you've got the dual mandate of monetary supply and unemployment. unemployment continues to remain around 7.5%. corporate earnings in the middle of the second quarter earning season now. it's too early to gauge what's going on there. i suspect earnings growth is going to be slow and consistent with overall lack of economic growth in the second quarter and that could put pressure going forward on stock prices. >> do you think it's strange that we're talking so much the fed's talk so much in particular about taper when we have gotten the retail sales second quarter out o

kelly evans is with me today. look forward to seeing you at the top of the hour for the all important last hour of the trading day on "closing bell." meantime, brianore "street signs" after this. ♪ ♪ ♪ ♪ [ male announcer ] if you can't stand the heat, get off the test track. get the mercedes-benz you've been burning for at the summer event, going on now at your authorized mercedes-benz dealer. but hurry, offers end july 31st. [ agent smith ] i've found software that intrigues me. it appears it's an agent of good. ♪ [ agent smith ] ge software connects patients to nurses to the right machines while dramatically reducing waiting time. [ telephone ringing ] now a waiting room is just a room. [ static warbles ] [ telephone ringing ] now a waiting room is just a room. ♪ "first day of my life" by bright eyes ♪ you're not just looking for a house. you're looking for a place for your life to happen. i've been doing a few things for playing this and trading.ove-- tdd#: 1-800-345-2550 and the better i am at them, the more i enjoy them. tdd#: 1-800-345-2550 so i'm always looking to take them up a notch or two. tdd#: 1-800-345-2550 and schwab really helps me

. >> kelly: new study showing americans are living longer than top years ago but they are not enjoying the picture of good health and at what cost? brianlive in the newsroom. >> good news and bad news. the study institute for health, americans are living longer but not necessarily healthier. the study published in ama's publication showing the life expectancy of life expectancy rose to 78.2 years in 2010. while americans are living longer they are spending more years suffering from non-fatal chronic disabilities like depression, anxiety, bone and joint diseases and chronic illnesses like dike and alzheimer's. >> the combination of all those disable conditions means people are spending more time with chronic disorders. that something that we will need to deal with both as individuals and more the healthcare system. >> doctors blame obesity which has overtaken tobacco for living a long healthy life. high blood pressure increase the possibility of being unhealthy as you age. in the last top years the u.s. has spent more per capita on healthcare than any other nation. during that time they fell in every major health category including life

brian: he doesn't have to get up until 2. so this is great to get up early. >> steve: meanwhile, let's tell you the story about an army vet, ron kellyit was estimated he had fired close to 100,000 rounds of government ammo during his life serving in the u.s. military. so recently he went in to a wal-mart to buy a gun and he was declined because 42 years ago in high school, he was caught with a bag of pot. he served probation, never served a single day in jail. >> anna: i talked to him. let's hear from him earlier this morning. >> i was getting a little worried about the restrictive gun laws that were going to be passed and i filled out the on-line electronic application and it came back telling me i was delayed for some reason. it's sort of like that thing when you see people stand in line and they are writing a check and it comes back the check is declined. you're standing this in line, there are people around you. you get embarrassed because you've been turned down. i know it's happened to a bunch of people. i know that the f.b.i. is doing this wrong. this law may have been with the best intentions, but they've messed it up really