rules like don't own too many stocks >> buy, buy, buy >> at my old hedge fund, i would spend three hourslyzing the mistakes of the day before you wonder why i retired made myself sick to my stomach every day. that is a task i completed every morning before everyone came in the office i did it between 4:00 a.m. and 7:00 a.m i'm an early owl i would analyze every trade. i would figure out how i could have made more money or much more importantly lost less money. i was for lack of a better word maniacal about it. i linked it to having fewer positions. when we own fewer stocks, we tend to make more money. it was axiomatic i won't buy a stock without taking one off the table i try that with my trust you don't just buy shares with more and more companies. you need to limit your holdings. that is a great discipline and adopt pronto all of the money managers have hundreds of positions. i don't know how you stay on top of more than 30. all of the really good money managers have a few names they know inside and out. they can buy confidently on the way down when the market goes awry that is why i s

buying or selling? that's a great power pitch by -- >> it's a fast pitch >> it's getting a little expensive. >> that's a sell >> trading 25 times, expected to grow earnings and sales. high single digits >> rich? >> you're preaching to the choir, $235 upside, price target earnings out january 5th, we're looking for strong numbers this is a stock you want to buy and hold and buy more. >> timbo >> the valuation is deserved, double digit growth. these guys are best in class, it's a great global brand, that's up my alley pete, nice job >> two buys, one sell. did pete's pitch on constellation brands get you in the spirit to buy the stock? go to @cnbcfastmoney >>> one stock has been on a screaming tear do not move a muscle much more "fast money" still ead. for your heart... your joints... or your digestion... so why wouldn't you take something for the most important part of you... your brain. with an ingredient originally found in jellyfish, prevagen is now the number one selling brain health supplement in dru

buy more or cut and run?o you have the wherewithal to take a -- can you handle if stocks go down crucial questions only you can answer i would like you to take more risk in individual stocks with growth characteristics once you put away the $10,000 my preference. but hate for you to commit more than 20% of your mad money to individual stocks. not my preference. perhaps add a fund with higher dividends than the s&p 500 but not too quick, not until 30s only in 40s introduce bonds. by this time should have been able to put enough away that bonds, even lower earning bonds will protect some of the capital. in old days heresy to suggest wouldn't by 40s. problem is two-fold. many people running fortunes and lack of good fixed income alternatives that don't entail a ton of risks favor higher yielding stocks to most bonds but as you age, you can and do get your money back. enter your 60s, could be up to 60% in bonds and take them up 10% each decade as i mentioned earlier. but that brings us back to the notion of suita

buy buy! they know nothing! let's take a deep breath i'm always telling you that the government matters far less to a long term performance to the market than anyone in power would like you to believe. while everyone is talking about tax reform and the latest disturbing developments in the russia investigation i want to put that political stuff to the side for a moment and get back to the basics that we do in cra america. investing is about looking at the stocks that don't promise the underlying business. it's true with dow 24,000, whether the top -- the top corporate tax rate is 35%, or 20%. or somewhere in between. that's why i like to search for under the radar names for you that have been quietly roaring higher because every now and then you'll find a long term winner with the rallies have only got started. the trouble under the radar screen says you're too late to the party and it's already been discovered so you need to walk away until the stock drops sometimes for an obvious reason, inv

buy what you know and stay on top of it. had been investing in giant foods and asked me if it was publicly traded. she had bought 35 shares and itching to buy more. what i did was what i tell you to do. read up on it and marry her experiences at the chain personal insight with the fundamentals of the grocery business goldman had what was known as "the ax" best analyst on the supermarkets i had the luxury of having tommy tisch from the lowe's corporation who wound send me a big bag of research from other firms who wrote about grocery stores pretty much every week. here's the process of home work, like an idea, giant food, read about it with the best research, match those insights with other firms. if "the ax" liked it more you might have a slight imperfection as other analysts particularly if "the ax" traced out the game plan if there was terrific gross, meaning national growth and it means it would pay out for than others in its sector the multiple, the price we're willing to pay for future earnings means the p.e. could go h

stick with it, maybe buy some.back after the "mad money" is back after the break. ♪ ♪ ♪ ♪ what we do every night is like something out of a strange dream. except that the next morning... it all makes sense. fedex powers global commerce with vast, far-reaching networks... deep knowledge of industries... and, yes... maybe a little magic. ♪ trust #1 doctor recommended dulcolax. use dulcolax tablets for gentle dependable relief. suppositories for relief in minutes. and dulcoease for comfortable relief of hard stools. dulcolax. designed for dependable relief. i just finished months of chemo. but i don't want to talk about months. i want to talk about years. treatments have gotten better, so... i'm hoping for good years ahead. that's thanks to research funded by the american cancer society. the same folks giving me free rides to treatment, insurance advice,and a place to stay during chemo. i need that stuff like you don't know. and now that you do, please give at cancer.org >> announcer:lightening round is sponsored by t

buy backs. now a pure play expedition and production company they got rid of those gas stations, with valuable assets in malaysia, gulf of mexico, balkan shale this east guana holdings could be $6 billion. but the company has major issues in the balkan shale there's a general sense they're operating poorly they bought these assets from a guy named mr. balkan pretty early. more importantly, investors have gotten frustrated it's taken these guys so long to get things going. there's a larger scale problem its assets are too disparate, scattered all over the world and that's why elliott has decided to go public with its concerns again what do they want? more asset sales companies malaysia holdings, more buy backs and they want hess, here is an odd one, to cut the dividend n part because ceo, john hess -- let's call it an undeserving bonus for him. maybe that's not the best use of capital. finally, elliott so unhappy with management that they would like to see a full sale or maybe, yes, the whole com

buy, buy, buy. sell, sell, sell [ buzzer ] and then "the lightning round" is over. you ready skee-daddy teresa in my home state of new jersey teresa. >> caller: hi, jim hi thanks for taking my call. >> of course. >> caller: i've learned a lot from your show i'm new to the stock market and my question is on venator. >> we're going to do for work on it because we did a spin-off welbilt. ryan in kentucky ryan >> caller: hey, jim. t-mobile had a nice run since the sprint deal collapsed. is it still a good buy. >> frankly i'm puzzled by the acquisition. i like it. i did not understand the video acquisition. john, come on the show and explain it to us let's go to anthony in california anthony. >> caller: hey, jim. long time fan. first time caller. >> thank you. >> caller: what you think about ee. >> i like it but take two i think is better. activism -- big upgrade from goldman. read that report it's positive. inesti in new york. >> caller: hello, boo-yah. >> boo-yah >> caller: estonia >> we were trying to figure out if we should buy property there. what's up? >> caller: e

but first the walt disney company is in talks to buy parts of twenty first century fox however fox is also in talks with comcast twenty first century fox is run by the murdoch family as most of us know if the deal goes through with disney it could possibly split up the family but reel in billions of dollars and if the deal with comcast goes through the department of trust the tarp department of justice their entire trust division could stop it here's our t. correspondent ashley banks with more actually if the deal is a reach it will be the latest in major mergers and could be worth more than sixty billion dollars it would reshape the media landscape giants like it disney and comcast are trying to compete against new players light not flex and fox is under pressure to shrink and focus on specific businesses under this deal does the would buy big parts of fox is in pyar including its movie and television studios international assets like the star cable and media company n n g m a stake in the british broadcaster sky and a big stake in the hulu streaming service as a result of the deal b

good things happen to those who buy but don't buy big here and don't buy all at once. leave room to pick up more lower prices if we get a pullback. the fact is there are plenty of reasons to get involved with this market even now. there aren't enough alternatives to stock to justify staying away even after such an incredible run. let's take calls. let's go to john in california. >> happy holidays jim from your buddies in sacramento. >> always great to talk to you. what's going on? >> on my infrastructure plan is u.s. concrete and chicago bridge and iron. what do you think? >> it's an intriguing question. even earlier today i would say u.s.concrete is the one to buy after the close mcdermott, not a company i'm really crazy about and cbi combine together in what is a $6 billion deal. let's say at least some thought about what that merger may mean. if it makes it a more attractive company. that's what i'm promising you. there is no sense me saying i'm dismissing that merger. maybe it is really good news. let's go to russell in new york. russell. >> caller: happy holiday b

so look closely as to the condition of your community both before you buy and after you buy. >> it's hard timing thing to do when you're looking at purchasing. but if you don't commit that time, i would suggest to not purchase a home in a homeowners association. >> well, there's certain things you surely can do and that is go around to talk to the neighbors. >> mm-hmm. >> because talking to the board itself could be self-serving. uh, if there's a property manager on site, that's good. to whatever extent they would allow you to see those things that are on the website, budgets... >> mm-hmm. >> things like that, assessments that are coming, any construction defect issues that occurred in the community. that's important to know. you know, you get so excited in the buying of a home that these details is what could take your enjoyment away. >> yeah. >> which happened to you. >> it certainly has. >> so look at... that due diligence that -- that you and i are talking about is very important -- >> mm-hmm. >> before you buy a home. know what you're buying into besides the home. know your comm

do you buy laggards in the market or do you buy what has been working >> the laggards in the market for the last couple of weeks have been technology you were gallivanting monday and tuesday, you weren't here. >> gallivanting? >> the implications is she was just whimsically -- >> i was watching what was going on >> were you watching the "fast money" >> the "fast money." >> micron, we said on monday it basically recaptured the entire rally back down to levels when it reported, 38 1/2. we said risk/reward for micron works well, steve nodded his head in accord, and look what's done ever since. there are stocks that have underperformed for the last month or so that are doing well again. >>> in case you thought it couldn't get any better than this, let's bring in the chief investment strategist with oppenheimer asset management he's got an s&p target of 3,000, the highest target on the street welcome, john. >> thanks a lot. >> is that scary, to be the highest on the street? >> not really. we have been second highest on the street but at 3,000, just today we closed above 2,650, which was our

who's responsible for buying cars?> i am responsible to an extent. >> so did you buy all these cars? >> no. >> i was buying. >> pete is so committed to proving that his way is the right way that he's ignoring people that know the business far better than he does. and he continues to bury himself in debt and bad decisions. if we don't understand where the market really is, and we don't price properly based on the age of the car, then everything we have on the lot's gonna be full of water. and when it gets past 60 days, it's just depreciating. this is cash that's just--it's melting down on us. they gotta go. can you point out to me the cars that are over 60 days old? >> this one. >> [sighs] what do we own it for? >> 46. oh... >> great. come on, guys. >> with-- >> i'm gonna clear the cache. we're gonna make money. >> i know, but you're taking a big hit. >> how much is this car worth? >> 32. >> 28.5. >> oh... >> next car. >> can't buy that at 28.5. >> it's five months old. this lexus. >> 33 and change. >> how come you don'

martin winterkorn had to resign volkswagen spent more than eleven billion dollars to buy back vehicles paid one point five billion dollars to the u.s. government for the civil lawsuit and paid more than two point eight billion dollars for a criminal penalty schmidt is facing a seven year prison sentence and will have to pay up to four hundred thousand dollars personally. bitcoin has reached yet another record as we've talked about it was just twelve thousand a little bit earlier but now up to thirteen thousand dollars per coin that's pretty crazy and why it's going on we really don't know there's many folks out there suggesting it could be a variety of different things but what has caused this massive price spike you know experts are really confused on it could be a strong asia bidding i've talked about this thing called a digital lake of liquidity meaning it would be boosted by the i c o's out there others have talked about perhaps it's the other exchanges now that are offering futures prices like the chicago mercantile exchange group nasdaq and even the board options exchange but cer

buy less if i am happy. they feel good if they proceeded to speed this up it's night for the president assad annoyed i think probably around two thousand and two. because all the guys was saying you know there are fans of premier league teams. that sort of thing and i was the only guy that said i was a fan of the german to. bomb me to. see. him cause. the stunt in cost c. block defense. and. the medical home by and i think some of them are. thinking the window into your. home wiped on the by surely play safe. as it is not done as a that's you want to. be. fine it's like. you can consider. this dawn to dusk. and that's a bad. voted in. an afternoon of safety. wouldn't be fun money so. you. get your hundred spears. all together. sometimes experience is not going. to be i can achieve you just heard leveled off. just holds the beast and it's in galactic about many details you'll need to know much of this you have of he said to give him lots of hope to then sold one of the works of nine of them but i did would li

anything with bitcoin that i mean that's not true you could buy anything you buy today you could buy would because you buy it at a discount and you could buy credit on amazon have this right out of the first the coupons people have there you go to the site and you plug it in and they give you the know that everything you buy all your big point you have to sell of bitcoin. no you can't they don't have any money don't have unions that we. could buy this for i have never been on the sun oh my god where you use that but you know i'm peter yes you're selling your body of law out there and you're saying burning it all are going to sell your goal of the guys something to no one's taking your gold nor is hanging around with a gold test kit taking your gold not just what i mean all of you want to apologize to but also recall that if you only know a good twenty third alan it's the result but i do apologize we are about to run out of time many thanks to my guest peter schiff chief exec of euro pacific capital an expanded co-founder of the sap project thank you guys it's ok i've been doing somet

you buy cars from them? >> yes. >> how many do you buy a month? >> 40 to 50. something around that number. >> that's what you're buying? >> yeah. >> wholesalers are a broker who stand in the middle of a transaction. they buy cars from jon, they mark up the price, and they sell it to a dealer. why do we need middlemen around here? how often is he here? >> my friend steven? >> mm-hmm. >> all the time. he's actually a wholesaler. i sell most of my cars to him. >> why? >> um, because i trust him very much. he's a good friend of mine. >> but the issue that i have is that you're giving up the spread. what did you put on the car? >> uh, 8,000. >> what did steven pay you for it? >> 8,500. >> this car will retail for what? >> i'd say-- >> 12,900? >> 12--i was gonna say, 12,999, yeah. >> how much margin is that, in between you and the final customer? >> 8,500 to 12,999, yeah. >> it's almost $5,000, right? $4,500? they're gonna go somewhere else and make--between the time you buy it to the time the final customer gets it--$4,000 to $5,000 on a car like that, whereas you

them out instead of buying some company, nuyl. >> he did buy a big one. he likes the auto dealer business so do i. there's a boutique outfit called m science. it mentioned the firm cautiously and that crushed the stock my take, i like your thinking. i would buy if i wanted to have a full position of say 300 shares i would buy my first quarter tomorrow and then build down it's an excellent company doing kplent excellent things. the younger generation holds the key to your investment needs they are the bedrock this age, that's why we focus on fang. not because the stocks go higher when they start going down then you say i've got to sell them because the stocks are going lower. they're real companies, the bedrock of what wall street and individuals and millennials care about. "mad money" tonight, clouds, big data, i'll spare you the buzz words, big trends, part of fang. could worries about tech and the tax code impact profits? i'll speak to a ceo of a company in real estate to understand whether this game in trend is all over facebook, apple, netflix, stocks

right i mean that's was always going to drive the price up and you have a lot more people buying now and i think it's kind of across the board you have a lot of individual interest you have taxicab drivers who are putting small amounts of money into crypto currencies and then you have some institutional investors who are investing now substantial sums. i think they still represent a relatively small percentage of the overall institutional investors but they're they're they're they're in a bigger way than they were a year or two ago when the prices were much lower peter do we do you have a data or is there data available out there that that tells you the amount of money that's going in from the institutional for example as opposed to just average folks who want to get in on the act i don't know i mean i've read that now coin base has more accounts than charles schwab so you do have a lot of individuals moving money and i think it's a lot of small quantities of money but it adds up but of course the increase in the market cap of these crypto currencies is much bigger than the amount of

they said in germany, you buy your stuff and hold on to it. the united states and the u.k., our friends across the pond are really the primary drivers of returns. we're the biggest culprits here so it's partly an american thing. we're usinged to it and it is also driven by the retailers. amazon if it wanted -- not to pick on amazon but it's huge and everyone knows skit everyone shops there. amazon if it wanted could make it a little more difficult to return something. by make it easily, that's how you build good will with your customers. host: crystal is calling in from pennsylvania. you are merely an in-store shore. you're on with andy kroll. caller: good morning, everybody. actually, i do both. i shop in stores and online. however, i work for one of the stores that you mentioned and i noticed this we're you we got less products in the store and i thought that most of the products came in stores that overbought but because stores weren't overbuying products this year, we weren't getting more products into the store. i also trip that a lot of

we have to buy them in we cannot buy them in because then there is no trading, the market is locked upere is no sellers. and god knows what happens next. so as a result, i think that the number of smaller corporations will go bankrupt and that will destabilize the clearinghouse. and i think that the clearinghouse in a great hurry should begin working on putting bitcoin in a separate legal entity >> mr. peterffy, this is brian kelly. it sounds to me like the issue here, and i can't disagree, is the limits, when it stops trading. if they were to change the contract and said, this is going to be trade, there is not going to be a lock limit up or down, would that change your mind, would you think then it's not going to be a systemic risk? >> i don't know. it's certainly going to be easier but still, who are the natural sellers of this product? only the people who have bitcoin. there aren't so many -- there is not so much bitcoin around so if people come in en masse, all buying, there won't be enough sellers there >> so why not allow short selling then >> this price could go anywhere in the

tell general is up 3% and blue burg buy i don't is the third one. >> let's take them blue berg buy i don't, i like their science. sell jean has been upgraded a couple times, told me it's finally bottomed this alex i don't know, elliot is in there, elliot partners i like the really high quality work not going to go wrong with that. let's say sell jean is the most, say plain vanilla. alex i don't know, bit up today. i don't care for that. blue berg is total spec. nate in washington nate. >> caller: hey jim, love the show, love your book. >> thank you >> caller: my thought is et see, i bought in around 14 bucks a share. and last -- the stock gradually went up. last month they reported a 15 cent earning beat and the stock flat lined recently and been on a tear despite amazon's home made platform. is this uptick, can it be attributed to the holidays if so, should i ring the register >> no. this is brooklyn's own i went by their headquarters just the other day i have to tell you, this company is now run by professionals, it is doing a remarkable job. i've always liked it my daughter sold s

buy less if i am happy and they. are getting. good speed this up it's night for the president the sun annoyed i think. probably around two two thousand. the guys was saying you know they're fans of premier league teams and that sort of thing and i was the only guy that said i was a fan of german to. see. in college fifty thousand. in costs a block defense. and a. medical at home by and i think that's a some of them are. even doing it on the window if they are. home wiped on the head by surely play. it as it is not done as a group that's you want to. be. about as. it's like. it includes the. if you call problem. so i. hope this doesn't get done. then that's a bad voted in. as my obit begins one day i wouldn't if i don't mind it so be. you hundreds of years or. confront it all together. sometimes spirits or something. i don't achieve it just heard evildoer foosball must wins even. me. just holds the beast and it's in about money detail that's the moment of the biden this is of he said to give them lots of hope to been sold and if h

they can only be used at best buy. so my money goes back to best buy. they buy goods and then they sell them on the black market for whatever they can get. >> reporter: best buy says it works closely with law enforcement once a crime has been reported and its employees have been trained to spot seniors buying large dollar amounts of gift cards, but no one stopped dr. tomasimi. >> i work in the hospital, so i deal with a lot of elderly people and i was surprised how many of them said they'd gotten the same phone call. >> reporter: best buy released this statement, "we certainly feel badly that mr. tomasini appears to be a victim of this scam. we have warned customers and worked hard to train our associates about these scams for months. at the emeryville store this year our associates have helped more than 20 customers from becoming victims." best buys it does post information how to avoid this scam and others on its web page. unfortunately it doesn't have that information at the register. they urge all customers to look at this information on the web pag

is it a store of value is it a means of exchange what is because well investors are dumping gold to buy bitcoin say strategist a key trend of the gold market has just been broken and big going could be to blame the gold miners e.t.f. d.d.x. is falling nearly fifteen percent from its september highs while gold has plunged to lows unseen. since the end of july this is curious says larry mcdonald head of u.s. macro strategy at a.c.g. analytics as the move lower in gold has also been followed by a move down bond yields which according to the strategists is very rare of course after this article it did kind of swap a little bit starting to rise and it going to start to rise as well but yes well we've been saying this for quite some time there is a move out of everything into bitcoin and this is part of the big black hole is pulling gold right now gold and silver is being pulled into the big black hole because it's a superior store of value centrally and nobody wants to carry around pounds and pounds of silver in kilos of goals that really you know i mean when you can put all this on a thumb

if you want to buy some furniture and other things you can come here and buy. mandarin lessons at the ben to kids agrarian university in tbilisi the teacher is and his mother. she can't complain about lack of interest there are more students studying chinese than russian here. i study china's because i think that it's a more perspective language in the world and also china in a vis innovate to much money in georgia we already have a good relation with chinese people and i think that we will we have to continue this relation more few of the gods a family know their future is with china and it's a sure thing that their youngest member is going to grow up speaking mandarin that it was. one of the most important commodities on that ancient silk road spice pepper for example was only for the rich today everyone can afford it thanks in part to spice companies like german importer fox fox dominates the german market for spices with an eighty percent share a husband and wife team from hamburg is making fast inroads into that market partly by using a clever social media

so you buy these dips. >> and that would be a dip to buy.f you're looking, waiting for the opportunity for a pullback listen, all we can do is talk about targets for 2018, the continuation of a lot of the trends that we've seen this year about earnings growth and how that factors into risk assets. the one thing we haven't been able to put our arms around, is there any major legislation, is there going to be some sort of infrastructure plan after this sort of thing. that would be the sort of thing where they can get some momentum i don't think they're going to get it to your point, if they limped into the finality of this bill, nobody comes out a real big winner >> if they pass it, no one comes out a winner >> listen, the republicans have a win in 2017. but that's about it. no one's particularly happy about what went on here. >> why are you saying no one's particularly happy investors will be happy, a lot of ceos are happy. i think there's a lot to be happy about for corporate america. >> jamie dimon says it's qe4, if you buy back >> as mike

i'm not going to walk out of best buy if best buy is going to match the price that amazon has, right,of the day the same thing with walmart. people aren't buying online as much at walmart as they are with amazon but who knows where the growth will go how are you adapting to be able to compete >> i'd take costco with a 10.7% stock. >> you don't have to pick one. you can hold both. >> i guess you can but i follow like in retail you want to own the companies with a good business model, and they have a proven amazing model with recurring revenue an they just but up a crazy double-digit comp number that walmart and target would die for. >> they would. >> you choose costco over walmart. >> i do. >> it's expensive so i wouldn't buy it right here, but you'll get a pullback this company is doing all the right things, and they have a lot of opportunity they just started in e-commerce. they haven't been there for a while, and some people are negative about that, but i would just say that there's a lot of opportunity there, so -- i like that story. >> i have both of them and i might buy target i

what exactly did you buy by buying ziddu. >> you don't understand. have to understand one thing form the bank are not lending. the fin-deck is basically loans. why are not banks lending? because that you have to have full results for every declare lending. you don't understand that, because i am yew ethereum, mi o microlending. >> using that notice. >> using this coin, that is what we told and what we disclose you downed understand that i am a profitable company, and -- >> you paid your company 2.5 million shares for ziddu and it's not going to make profit? >> not this year this year we are just integrating. >> how many transactions are you doing today? >> i just say, research and development company. i'm not saying it's a -- >> why would you pay for it why not just start it up >> i wanted to take it a separate, but i became a listed company on nasdaq doing officially an ipo. what's wrong with bringing my company and creating value for the shareholders. >> i have a question, though, it maybe make how many money? 5% of what >> you don't understand. >>

i think some of the changes we're seeing with people like walmart buying jet.com, target buying shipped, we're moving into a different kind of retailing environment where retailers are going to buy capabilities. shoppers are moving more and more online. >> do you expect that this particular shopping season, as we finish out 2017, will be strong? that's what we're hearing, anyway. what are you hearing? >> i'm seeing a very strong shopping season. both online and in store. i do believe there will be a fairly interesting day tomorrow as shoppers rush to the store because of deals. i was at the stores earlier today, 90% off, 70% off. this is a tremendous time, a tremendous time to buy for the holiday season. >> now, what about shopping in 2018? you mentioned the migration to online. i assume that will grow expo ne >> next year we'll see in the mid-20s. america has found convenience shopping online, whether from the couch, the office, or the home, has been something they like a lot. easy, expert, and fair. >> now, in terms of value, and in terms of pricing, you mentioned what you saw today.

are you buying the dip, tim seymour? >> as an asset class this week relative to the s&p, a ratio i like to look at, the em fell by almost 6% in six sessions and took out the entire out performance of the summer. this is not just a china story look at nvidia, mega cap names in u.s. tech again, high multiple names we saw in allocation. this is not an indictment of china, folks if anything, the consumption story in china has been validated by baba. all the numbers we've seen, people universally acknowledge that whether it's s.t.a.b. versus faang is just as interesting of a tech story. >> the bigger overarching picture that concerns me is they have a ton of debt, they're raising interest rates, they're taking that debt down. >> are we going to do this again? come on. >> they're doing it now. i didn't say they were going to blow up. i said they have a lot of debt and they're taking that debt down when you deleverage an economy, it slows down. so therefore stocks should go down that to me is what concerns me about china. >> lo

they were aggressively buying calls in here today. they're buying upside calls in january. i believe they bought about 13,000 of those calls very quickly today. i jumped on them, i'll be with them in first data. >> do you have an update for us too? >> i do. last week we talked about discovery communications, disk this one -- there it is, disck, i dropped the "c" by accident. it's up 7% today, a lovely pop there you see it moving up last friday through here. still long it but i sold half of it. >> pete, good to see you, bud. what have you got? >> good to see you i'm going to the energy space. we have seen nothing but heavy, heavy activity there as well 50,000 of the june calls were bought about a week or so ago. yesterday more aggressive buying more again they were buying two different strikes going out to february. today what we're seeing is in the xle. it's a very concentrated index in the energy space. if you put chevron and exxon together, they're 40% of that index. i know that we just saw that on earlier, but you can see some of the reaction that we're seeing already to

it would now buy just sixty a green light from brussels raises other questions first among them who will buy the airline nicky which remains insolvent there are already a number of interested buyers including the original owner former austrian racing car driver nicky lauder yet another decision for a turbulent european airline market. is in frankfurt forest and that it seems likely that the e.u. competition commission will essentially be approving a monopoly when it comes to some routes is it a necessary deal or a dereliction of duty for the regulator. well probably it's a mixed bag when you look at the results which are expected to come out from the commission authority competition authorities in brussels so reuters is reporting that the compromise is that giving up on lending and starting rides and visit often also in the future would not expand its presence in in order not to have a monopoly there but of course there are the stretches and there are other destinations where they really will have one and i guess that the competition authorities will monitor the pricing policy or fl

this is what the gun buy back means to ne.his is why i support up and as difficult as this is i am telling my story because of what happened 17-years ago. i remember it every day. i have so much respect for up and every one on the team and the work they are doing. they have seen the worst in gun violence and loss and tragedy and they choose to come every day so that every project you have going on so that hopefully no one else will have to experience the loss of the senseless gun events and violence. they represent what makes a community stronger, they lift each other up instead of slamming others down, and it is what we need in san francisco, in the whole bay area, i am from east bay, and what we definitely most certainly need across the country. [applause.] i want to say thank you to rudy, the up family, to the civic leaders and to the city of san francisco. thank you. [applause.] >> i want to thank everybody who is a part of making this happen. mayor breed, thank you so much project level, big ridge always represented, west

and when it comes to actually not buying for yourself the buying for others when it comes to christmas say. the buzz there is is just the same as. yes so buying father us also has this aspect of really building relationships so what you want to do is you want to show intimacy as well you want to show look we are close to each other that is why that is why i know what you would like a reason actually more at stake than just getting a bug definitely and what if that's not reciprocated i mean sometimes i've got presents from people who have thought the parents of a friend who wasn't really a friend and for whom what's old and they say they give you a present if you don't have one and i was really expecting anything at all ok then of course this creates this creates a difference and you want to this creates tension somehow and you want to reduce the tension so you really don't feel well but the other person feels very well and it's because he was somehow a bit more dominant i'm giving you the. the humane aspect of all of this job and seem too great low in comparison to other countries is t

lea: winning bid to buy a stake in uber.auren: tracee carrasco joins us on that and other headlines making news this morning. for uber this significantly devalue it is company from a prior valuation in tracee: this is about a 30% decrease, the deal values uber at $48 billion, that is less than what it was previously valued at $68 billion, but soft bank did win bid to buy major stake in uber at steep discount. own about 15% of uber and other members of soft bank's bidding group, they'll own about 3% of uber, as part of the deal soft bank plans to invest $1.25 billion into uber. lea: let's talk about amazon. amazon has been killing it this year, there's something big going on today. >> the holiday deals aren't not just day, today is digital day on amazon. lauren: if you need to shop some more. treys treys if you didn't get enough shopping for the whole month of december. digital downloads, e-books, movies, music, tv shows, all of that, for example, 60% of wonder woman on amazon video, 33% off of games like sonic forces and civ

i do think you can probably buy those. i also agree with pete and guy on goldman sachs i was wrong last week, i said to sell it at 255, thinking we would get a double top absolutely wrong >> you guys are right, guy, everyone wasn't calling for a tax reform, i think you were, good for you i think a lot of people who felt this could get done with the ones that sit on the right side of the ledger. the other people that will be upgrading this tax reform is the fed. i don't think that banks rally today because of the fed i think banks rally because people recognize that these guys still have enormous amount of valuation. >> that's going to take forever. >> but did you need the fed to meet today to know they're going to go tomorrow the question, this gets back to my points. >> it's been transparent, that they're going tomorrow >> why do you need to rally the banks when the fed meets when we've known all along? >> you get these tax cuts and stimulate the economy, maybe you'll go a little faster than the market price income two da

love you, jimmy. >> buy, buy, buy how about lee in arizona lee?boo-yah, jim from sunny arizona. >> how can i help? >> caller: my stock is egrx. >> no. especially pharma that i don't care for don't buy. don't buy. let's go to harold in maryland >> caller: how you doing harold how you doing? >> good. >> caller: thanks for everything fpr. what is your recommendation to hold, sell or buy more >> sell, sell, sell, sell. >> i'm not sure. what do you think? >> sell, sell, sell, sell. let's go to ed in nevada ed >> caller: hello, jim, vegas strong i lost my shirt with century link not in the casinos but century link what do you think -- >> i think you'll lose your pants next whoa you'll be naked. how about steve in massachusetts? stephen? >> caller: hey, jim. how you doing? >> i'm good. >> caller: i wonder about sky works. >> it's on the down side pick it up in the low 90s. joanne in ohio >> caller: boo-yah >> what's up >> caller: i want to know something about cisco systems? >> cisco, any time below $38, pull the trigger i think it's cheap now and that i

they buy throw pillows. they buy lighting. they buy a barbecue for outside.n store. heath: the biggest challenge is it's certainly at a price point significantly greater than where most of our retailers are at. lemonis: what is that typical price point? heath: bought around $5,000. damion: some of our customers say to us, "we've been contemplating a $1,000 costco gazebo," and they're happy to spend $30,000 with us because they have everything they could possibly need. we actually look after our customers, which is i'd say 9 out of 10 of our customers actually say that's the reason they bought it. lemonis: the starting price point, the most affordable entry level, is what? damion: $15,500. lemonis: i would like to ultimately have it also be known as the true value gazebo. ♪ angelique: well, it sounds like the direction that you want to take is very compatible with what we like to do at true value. i think it makes a lot of sense. what are you thinking? heath: yeah, i mean, i would say that we would be absolutely open to that. i think it's a good fit. lemonis:

judge jeanine: if you had a buy donald trump a gift for christmas, what would you buy him?> he's trying to give a smooch. >> oh, my. >> a mill dollars would mean nothing. but a heartfelt thank you for the bottom of my heart and i can't wait to vote again for you in 2020. >> a hat and scarf to make sure he's warm in the white house. >> a heart pillow. i love him. >> probably a bought of champagne to celebrate him being the president. judge jeanine: he doesn't drink alcohol. >> sparkling apple juice. judge jeanine: how -- here i am in bryant park and i think this is a perfect place to buy something for president trump. truffle oil. if he were on your list what would you buy him? i'm buying him truffle oil. >> i'm buying him the wall? judge jeanine: will you help him build it? >> absolutely not, but i have truffles. judge jeanine: if you had to buy president trump something for christmas, what would you buy him? >> something gold, something beautiful, maybe a nice pen so he can sign all those correct orders in for our country. judge jeanine: you like the executive orders? >> i

few months eighteen thousand will face off with the justice department in court over its attempt to buy time warner and the trial will begin on march nineteenth but a decision isn't expected to be handed down until after april twenty second which is the deadline for both sides to complete the deal while eight hundred eighty announced the plan to acquire time warner back in october two thousand and sixteen and wasn't until last month that the government sued to block it from happening over antitrust concerns following the news eighteenth tee shot back and called the lawsuit a quote radical and inexplicable departure from decades of antitrust precedent during a hearing on thursday judge richard leon said he would likely rule on the issue in april or may. leaders in the u.k. and the e.u. came to an agreement early friday to move on to the next round of brecht's at talks to get here both sides had to agree on the future of the border between ireland which is part of the e.u. and northern ireland which is part of the u.k. they also had to hammer out details on the rights of british citizens

more trillions of dollars waiting to be invested in crypto plus the central banks so the amount of buying pressure ready to come into the space is in the multi hundred trillion people are piling in and now they're piling in against the likes of bill miller and all the early holders and the the people who have been around in the space who have survived and least five or six down markets of fifty sixty seventy up to ninety percent so people are piling in and i do notice something that's happening is that they're just looking at the price of whatever small whatever one of the thousand all coins are tokens is and they're thinking all of it will go as high as big corn and they missed the big queen ride so they're going to invest in anything that's under like one hundred dollars and hope it rises and there it has of course as they all pile in it's the are tiny markets. and the pile in and drive the price up so there is a bit of a. speculative bubble going on there in terms of some of the coins well you know people compare let's say like coin charley at least going with silver and bitcoin being

these ships are packed with the things we all buy.tuff arrives in europe, tax has to be paid, vat, which helps pay for our public services. but thousands of traders are evading the tax. i've come here to commit a crime. i'm going to buy a load of electronic goods, ship them back to the united kingdom and sell them on amazon. but i'm not going to pay the vat to the tax man. criminals have been getting away with this fraud for years. well, look, we know that we've had online marketplaces and we need to make sure that our tax authorities are able notjust to deal with this but are ahead of the curve for whatever the next scam down the line is, and that's a real concern. criminals are dodging two types of vat. they're evading vat at the border when it's imported. that's up to 20% of the value of the goods. and then they're not charging vat when they sell the goods to customers. there is two key moments where vat stops working so well from an evasion and fraud perspective. from the moment you stop complying with the law, you're in the fraud