copper that dictates how our call is from here. >> good to see you >> chris verrone, guy? >> let's talk about unh very quick. the stock is up 28% and it trades in a valuation and great american company and the quarter was fine and not only was it fine, and there was a raise and people are shooting first and asking questions later because somehow they believe that magically things are going to change i still say buy the weakness. >> i would agree with guy. >> and by the way, unh, great company, gotta love them minnesota. >> by the way. >> more on the healthcare go to trading nation.cnbc.com. check out shares of ibm. the stock has been on a tear all year we'll tell you what's driving this move. >>> weed week continues on "fast money" and we'll talk tohe t ceo of a company bringing luxury to the cannabis space much more coming up next you've worked hard to grow your wealth. make sure you're working with a wealth manager who can grow with you. cfa charterholders have the investment expertise to unlock opportunities other advisors might not see. learn what a cfa charterholdr ca

chris verrone. >> he's going up again twice? >> animal style. >> triple. >> i think we want to stay long here and what's compelling is sometimes we forget what the longer term price action looks like this is the semis over the last 25 years we're only just now beginning to take out those highs from 1999. this was on a 20-year basis, a net return of zero just breaking out to new highs this high, 1475 and the low here is 1057 and that's about a 400-point difference and we can then extrapolate and we think ultimately 400 more points before we get your next target and that's how we measure price targets and when you look at the semis just in terms of message, i think one the really important stories is you're starting to see the semis now outperform software and that is a big change from last year in the low growth scare environment, semis underperformed all year and that's started to change here. i think this is a reflection of cyclicality. i think it's a reflection of global growth. what names can we play catch-up with because the

a couple of points and greatjo from chris verron and what did he say quintuple bottoms and someone put a big quint, and the captain in the movie jaws and tif and tim seymour has been on this thing and 175 is now critical support. if you're looking for a level, that's it. >> i suspect what's changed now is the story is pretty muddled all of those times in the leadup to the model 3 release, that was the thing and that was the great white that they were going after. >> oh! >> right now it's out and sort of underperforming and the financials are kind of strained and i think if they do a capital raise it has to some with some strategic announcement and a package where they basically clear the decks for the next two yearses so they can go and execute. >> what are the things that they did that 15, 16, 17 and 19 now and other competitors have had five years to get closer to building a real competitor at tesla's product. would you be more inclined to say long or short? >> the outcome seems too binary. as an investment and the long-term investment it will either go really well or really poorly a