conoco. chevron, exxon, conoco. conoco, today, dramatically outperformed the other two. and why? it's because they have also still got a strong dividend. they did cut it. but you take a look at something like a conoco, one of those names that moves fast to the ups and down side. you've got to know what you've got when you've god it. >> some of these have giant dividends. >> conoco less than the approximate% area and then you start looking at the exxons and so forth, a little bit stronger dividend. >> bp is 7%. >> yeah, some 5, 6 and 7 percenters out there. >> there is a tiny bit of fear of whether or not that would be sustainable. but i think it will be, definitely. >> all right. with the trump rally raging on, our next guest has the best ways investors could profit. julian emmanuel, executive director at ubs. julian, good to have you with us. >> great to be here. >> you like health care. >> we do like health care. >> you like it even more, i would -- >> we like it even more. the reality is, we've already heard some of the rhetoric get rolled back over the last few days. but comi

ceo of conoco phillips. joe: alix steel with conoco phillips ceo ryan lance.carlet: what did you miss? -- a few backed donald trump when the establishment didn't. what is next for these men under a donald trump administration? they have been reporting on this and joins us now. steve was very active in the campaign as well. he advised donald trump. >> it is hard to remember now that trump one, but it seems to do.crazy things to d we wrote in late august. his close friends were basically like, we don't understand why stephen is doing this. they thought it was a longshot bet but he is sitting pretty now. joe: a former goldman sachs banker. goldmaniled against sachs. in the final out of his campaign, he targeted goldman sachs specifically. there anything about his post goldman sachs experience that suggests -- >> listen, joe. after goldman sachs, he worked with george soros. he was there -- scarlet: along with janet yellen. >> the global elite. then he was producing hollywood movies. sachs, to soros, to hollywood, and now potentially, we don't know for sure, but t

we have the ceo of conoco phillips with us to tell us how he is preparing for the new administration. i will be interested to hear from ryan lance. >> live from the dealbook conference interviewing. we look forward to those interviews. goldman on a tremendous run as there is lots of talk about repealing dodd-frank and other factors. comments earlier have chipotle up. >> chipotle is benefitting there. let's start with the dow's run into record territory. bob pisani has been tracking the action. >> the dow is outperforming everything up 1.4%. very unusual because the dow has a lot of stocks benefitting from lower regulations and the infrastructure play. remember the dow's price weighted. here is the biggest -- highest priced stock in the dow is goldman sachs over $200. that has a big weighting in the dow. how about benefits from higher interest rates? travelers over $100 up 3%. there is another reason the dow is outperforming. how about the infrastructure play? home depot another high priced stock. $129. that's up 3%. other infrastructure plays. where is 3 m. another dow component. anot

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the big oil is we still like shell, chevron, and conoco phillips.e get big 5% dividend yields too. >> she's obviously remaining bullish. look, anadarko, highest level since november 15. baker hughes, highest since june 15. chevron, devin, eog, halliburton, marathon, murphy, transocean. i mean, they've ripped. >> absolutely. >> the lesson is you have -- >> some of the gains are absurd. some of the stocks i mentioned at the end devin, marathon, murphy and -- >> there are beta thames really going crazy today, scott. >> you don't sell on some of this news? >> i took off marathon oil based on the move that it made today, and the new 52-week high, and got a little lucky there because it could have gone either way. >> i know josh and i for a long time were -- you might still be in the xle. i was in the xle, and i have been in a lot of the big names. >> i talked about conoco about to break out. boom. here it is. >> how about the pipeline moves, though? look at kinder morgan. >> some of the areas in the marketplace are i don't think are getting covered very

in the bottom of the hour, we with the ceo of conoco phillips.inks crude oil is headed. one hour from the close of trading. julie hyman is here with the latest and industrials left. it is interesting how the trends from yesterday have been sustained in today's session including a look at the financials and industrials on speculation of infrastructure spending under a trump administration. you can see that one thing is different from today. the nasdaq is lower by technology shares. the dow is look like it will touch an intraday record as well and heavy volume. about double the 20 day and 30 day averages. let's give the individual groups. the banks are sorting. it wells fargo has recouped all of the losses since it was revealed that there were fraudulent accounts set up by wells fargo employees. percent gain today. it jpmorgan shares at a record up by 5%. bank of america and citigroup participating in this rally we are seeing as the yield curve widens. technology is under pressure today. oldave this new economy economy split that has been occurring

scarlett: that was conoco phillips c.e.o. ryan lance. let's get to loomberg's "first word" news. mark: vice president elect mike pence is now leading president-elect donald trump's transition team, replacing embattled new jersey goff christoforous tifment a federal jury convicted two of his former aides in the bridgegate scandal. mr. trump reportedly wants to use mr. pence's washington experience to move the process along. an executive committee, including members of congress, will advise pens. house speaker paul ryan and senator majority leader mitch mcconnell are both urging resident-elect trump to select priebus, both leaders say the national committee chairman is the best choice. mr. trump's campaign chief is also said to be a candidate. in ohio, jurors have told a judge they can't reach a decision in the trial of a white former police officer who shot and killed an unarmed black man near the university of cincinnati. the panel is trying to reach a verdict on either murder or voluntary manslaughter charges against ray, who killed 43-year-old sam bose during a traffic stop in

alix: thousand interview with ryan lance, chairman and ceo of conoco phillips. time for the industry with the potential of a lot more drilling and how they will manage that. jonathan: interesting time for the banking industry, as well. european banks hit hard over the last six months and the new presidency may not be great for the future. what a week it has been with the stoxx 600 thank index up by 7.82% the president-elect's policies could have a negative effect on european banks and the ability to compete with u.s. counterparts. cheaper could get settlements as democrats leave perhaps the trump presidency is not all bad. for more, we bring in bloomberg economist from london. great to have you. so many moving parts, the rally perhaps the trump presidency is not all bad. for more, we bringwe have seen e last week or so, but berkeley coming out and saying, this could be good news for the likes of deutsche bank, etc. walk me through that. >> again, there is a lot we do not know. i think the market reaction has panic buying because european moneyare under arms with

it doesn't have to be the balance sheet of conoco phillips. >> we haven't talked about the possibilityhowever remote it may be, of an opec cut. did i hear you say earlier this morning that if you do get a cut, it's chevron as the one that could be zbloosh i think chevron has got -- it's become the big cap stock that everybody feels is the growth big cap, and i can't fight them. they actually had been developing some properties in the gulf of mexico that have come on that are very long-lived, and once they get open, their cap x. chevron is a great company. it's a really great company. they're a bunch of scientists, and they've done well. i like apache when it comes to the perman, and i like chevron when it comes to deep water. >> i can't think of any more foolish bet to make based on analysis because there is no analysis on whether opec cuts or doesn't cut. >> if you are right, you stand a 50-50 chance. we know the stocks are discounting. 65, 70. >> howard marks likes to say there's nothing intelligent to be said about the future of the price of oil, and this is a guy that ends up inves

. >> exxon or conoco phillips. i think the valuation might be a little more interesting on c-o-p.asn't ready for the game. >> you played really well, considering you weren't ready. >> i wasn't ready. i never know when it's coming again. >> that's the beauty of the game. for more "options action," check out the full show, friday 5:30 p.m. eastern time. this friday we don't. i'm telling them now -- >> sorry. >> we're off this friday, because of thanksgiving. but we'll return with the full show following friday at 5:30 p.m. eastern time. >>> coming up, guy looking at one stock he says is breaking out. find out what it is when "fast money" returns. hey nicole. hey! i just wanted to thank your support team for walking me through my first options trade. we only do it for everyone gary. well, i feel pretty smart. well, we're all about educating people on options strategies. well, don't worry, i won't let this accomplishment go to my head. i'm still the same old gary. wait, you forgot your french dictionary. oh, mucho gracias. get help on options trading with thinkorswim, only at td ameri

problem is once oil starts to slow back down again, that name is just going to sit while you might see conocoexcuse me, chevron and exxon moving to the upside. >> what do you say about the oil trade? >> today with crude oil out a lot of equities were down. i thought that was interesting. we'll talk about some activity we saw in the options market, mel? >> maybe we will. >> it seems like it's friday. >> hold on -- >> hold on? >> it's option actions time. dan, what's the action? >> today xle and the xop, the energy etfs there was a lot of put buying. it looked to be short-term hedging in front of this opec meeting but there was one name, halliburton, that caught my eye. put volume was three times that of calls and there was one trade in particular that caught my eye. there was a buyer of 5,000 in december 49 puts, a buying paying $1.45. those break even at 4755 down 3.5% from the trading price. what's really interesting here is that just the action, like i said, xle, xop, even in halliburton, there was short dated put buying. it could an outright bearish bet, could have been hedges against long

. >> if you look at the energy space, watch conoco phillips november 10th. >> all right.ions action"s, check out the full show friday, 5:30 p.m. eastern time. tim seymour has a contrarian plan how to profit from the election. more "fast money," right after this. [pony neighing] what? hey gary. oh. what's with the dog-sized horse? i'm crazy stressed trying to figure out this complex trade so i brought in my comfort pony, warren, to help me deal. isn't that right warren? well, you could get support from thinkorswim's in-app chat. it lets you chat and share your screen directly with a live person right from the app, so you don't need a comfort pony. oh, so what about my motivational meerkat? in-app chat on thinkorswim. only at td ameritrade. ♪ ♪ ♪ is it a force of nature? or a sales event? the season of audi sales event is here. audi will cover your first month's lease payment on select models during the season of audi sales event. (bing) what are you doing? getting your quarter back. fountains don't earn interest, david. you know i work at ally. i was being romantic. you kn

. -- conoco. capitalsachs saying will return in 2017 and 2018 after a buyback.y upgraded at the ml. -- bmo. the new york post saying the company ejected and $18 a share bid. we are seeing shares up 10%. david: too far too fast? the dollar comes off a decade highs as enthusiasm folders. -- falters. francisco blanch joins us to talk oil and opec and commodities. this is bloomberg. ♪ julie: after two years of trading in a limited range from the euro may be poised to resume its slide against the dollar and drop below parity next year. already begun,as one could argue. even this morning we have started to see an attempt at a pullback by the dollar. it did not quite materialized. how far and how long do you think it will take us? could -- you-- you have the potential for a move. typically at the end of the year you see rising dollar funding problems so that in offshore markets, outside the u.s. you see a lot of demand for dollar hedging activity which could make the dollar stronger. in addition, we know that we have this heavy political -- thatthat may provide may cre

conoco up 2%. freeport-mcmoran is up by about 5%. oil at the highest price so far this month. board. you had that dollar which is weaker today but fundamentals were also firming. copper inventories have been drawn by about 34%. that fundamentally helping some of the copper names. late breaking news on some eminent a that came in the last few minutes. energy transfer partners will be teaming up three at this will combine a natural gas pipeline, mitch green operator in an oil-rich cream operator. about moving natural gas and oil about the united states. a unit for you transaction. it's hard to suss out the number . if you look on a unit basis it's about 10% premium. sunoco will be buying energy transfer partners. in terms of what the markets are looking at, the s&p and what winds up meaning for overall financial conditions. this is a chart of the day for me. i'm going to go ahead and explain it. the whe line is the s&p record levels and the blue line is the goldman sachs bloomberg financial conditions index inverted so you can see how the two move in lockstep. as you have an equ

exxon, conoco, royal dutch shell, up very significantly. those are energy stocks.ostly up. how about big technology names, still not back from the selloff after the election. microsoft is doing well but the rest of them not where they were. back to carrier, the air conditionermaker. back in february when that company announced they were moving jobs to mexico it was on tape, roll it. >> new production from indianapolis, to mexico. >> this tweet from donald trump, from carrier, pleased to have reached a deal with president-elect trump and vice president-elect tends to keep close to 1000 jobs in indianapolis. tammy bruce is here. there is a mood change in the country. >> my face is hurting from all the winning, the smiling. he is not even president yet. the carrier job start fantastic, here's what the left was afraid of, the existence of the conservative ideal highlighting what they have never done or wanted to do. all the ability donald trump has, president obama has had, and these jobs aren't going to come back. he brings these job back. how are you going to do that