i'm derrick chan of fidelity investments.our one-second trade execution is one more innovative reason

i'm derrick chan of fidelity investments. our one-second trade execution is one more innovative reason serious investors are choosing fidelity. call or click to open your fidelity account today. the numbers are impressive. over 400,000 new private sector jobs... making new york state number two in the nation in new private sector job creation... with 10 regional development strategies to fit your business needs. and now it's even better because they've introduced startup new york... with the state creating dozens of tax-free zones where businesses pay no taxes for ten years. become the next business to discover the new new york. [ male announcer ] see if your business qualifies. improving everything from booking to baggage claim. we're raising the bar on flying and tomorrow we'll raise it yet again. >>> welcome back. plug power warning that it doesn't expect a profit this year, this due in part to fallen orders. they make hydrogen fuel cells. they're trading down about 7%. despite today's losses, the stock is nearly up about

i'm derrick chan of fidelity investments. our one-second trade execution is one more innovative reason serious investors are choosing fidelity. call or click to open your fidelity account today. >>> all right. a big ipo over at the nasdaq. seema mody is watching the action for us. seema? >> hey, scott, a lot of excitement over here at jd.com, opened for trade at the nasdaq, opened at $21.75, above the $19 price it set last night, indicating strong investor appetite. jd.com has raised roughly $1.8 billion in its initial public offering, making it the third-largest ipo so far this year, and the biggest chinese internet company to go public here in the u.s. now, like alibaba, jd.com is in the ecommerce space, a $200 billion market. so clearly investors trying to get access to that growth, to that market. jd.com now giving investors one way to play that growth. for that reason, it's drawing a lot of interest on wall street and main street. you can see jd.com up about 10% on the day, scott. >> seema, thank you so much. steve wise,

i'm derrick chan of fidelity investments.trade execution is one more innovative reason serious investors are choosing fidelity. call or click to open your fidelity account today. (man speaking chinese) in a we believe outshining the competition tomorrow requires challenging your business inside and out today. at cognizant, we help forward-looking companies run better and run different - to give your customers every reason to keep looking for you. so if you're ready to see opportunities and see them through, we say: let's get to work. because the future belongs to those who challenge the present. ♪ here's a good one seattle... what did geico say to the mariner? we could save you a boatload! ♪ foghorn sounds loudly ♪ what's seattle's favorite noise? the puget sound! ♪ foghorn sounds loudly ♪ all right, never mind doesn't matter. this is a classic. what does an alien seamstress sew with? a space needle! ♪ foghorn sounds loudly continuously ♪ oh come off it captain! geico. fifteen minutes could save you fifteen percent or more on

i'm derrick chan of fidelity investments. one-second trade execution is one more innovative reason serious investors are choosing fidelity. call or click to open your fidelity account today. passion... became your business. at&t can help simplify how you manage it. so you can focus on what you love most. when everyone and everything works together, business just sings. >>> welcome back to "fast money." we just learned that the bitcoin trust will trade on the nasdaq. cameron and tyler winklevoss known for their association with facebook and advocates of bitcoin. creating this bitcoin atf. now we know it will list on the nasdaq. melissa. >> thank you very much. kay spade some unusual activity. and dan made his way over to the action. >> this is a stock that never seen an options trade in the market. there was an options trade that was basically three times an open interest in the stock here. what this trader did -- it was probably a big investor. they looked out to july and bought 10,000 of the july 33/40 1 x 2 call spread. the

i'm derrick chan of fidelity investments.econd trade execution is one more innovative reason serious investors are choosing fidelity. call or click to open your fidelity account today. . >>> time . >>> time for the final trade. around the horn. >> new core i bought it today. >> if google is down and doc is selling his back, i would buy it. >> i ain't eating there but burger king. >> really? even without a tomato? >> no tomatoes ever. >> i'm melissa lee. see you back here. don't go anywhere. >>> 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." welcome to cramerica. other people want to make friend, i'm trying to save you mono pep my aim is not just to entertain, but to teach. tweet me @jimcramer. what happens if safety is no longer safe? what happens when sellers stop pummeling the momentum stocks? well, then you get a day

i'm derrick chan of fidelity investments. our one-second trade execution is one more innovative reason serious investors are choosing fidelity. call or click to open your fidelity account today. >>> utilities stocks down nearly 3%, but for the year so far, they have been doing very nicely. utilities still the best-purchasing s&p sector this year, up about 10%, a little more than this. investors chasing dividends, dominic chu. you have looked into some, the ones that have very plump dividends and that are growing. there's or 30 stocks part of this sector. it makes up just 3%. when you're chasing they stocks, you're chasing a small population. we weeded all of them out and figured out which ones have grown the fasters. first of all, the ones with the biggest yields, they a very regional story we're talking about. first of all, be integris. you move on to other big names here, like you can see, first of all, southern company as the name would suggest, down south -- alabama, georgia, that areas down there, it has a dividend yield

i'm derrick chan of fidelity investments.e execution is one more innovative reason serious investors are choosing fidelity. call or click to open your fidelity account today. that's crazy, his boss said. leaving the firm? moving across the world? to join a start up. so he sent money and rented an apartment in a new land. that's crazy, his boss said. what fun is life if you're not,he said. in over 700 cities worldwide, products and services that make a citi client anywhere a citi client everywhere. >>> welcome back. the co-founder of the reddit joins us once again. we talked about net neutrality. and you wanted to also comment about what happens out east versus west. >> ten years it wago it was a v different scene. and combine the growth and investment going in here. and the median apartment rate in san francisco is now higher than new york. so the big knock was it's always so expensive. it's actually cheaper to be here now. >> in the flat iron district. they said since they got their office space about six years ago, per squa

i'm derrick chan of fidelity investments.ur one-second trade execution is one more innovative reason serious investors are choosing fidelity. call or click to open your fidelity account today. >>> shares of whole foods down nearly 3% today and seeing a near 10% move. mike, what did you see? >> we saw two and half times the average daily options volume. the contract that saw the most opening buying activity was the weekly 44 puts traders were paying about 25 cents for those. those were bearish bets that the stock could decline by the end of the week. this stock typically moves almost 9% after earnings. right now the options markets are implying a move of about 6.4%. slightly less than what you would expect. it would seem they're taking advantage of the fact those options are cheaper. just in case when the stock was about 25% than it is now continues after earnings. >> quite a fall from october. down 25%. >> a big short interest. they have been right for a long time. i'm in the whole foods camp. >> meaning you like it? >> yeah.

i'm derrick chan of fidelity investments.ne-second trade execution is one more innovative reason serious investors are choosing fidelity. call or click to open your fidelity account today. carsthey're why we innovate. they're who we protect. they're why we make life less complicated. it's about people. we are volvo of sweden. >>> about seven minutes left. plus signs, not big ones, light volume, thursday before memorial day weekend. joining us, steve krull. good to see you. we've been stuck in a trading range for a while here lately. when you think we break out it is to the up side or downside? >> up side. it is like halftime at a la cro lacrosse game. i think all of a sudden we have low rates and the earnings are okay but we went too far last year. we're taking a pause to reflect. but probably july, august, we should resume the up trend. >> who's going to be buying? the fact that there's no volatility in this market, that volume has been anywhere, that people just aren't in it. from i think there is plenty of cash around. i t

i'm derrick chan of fidelity investments.ur one-second trade execution is one more innovative reason serious investors are choosing fidelity. call or click to open your fidelity account today. >>> welcome back to "power lunch." in honor of our managing editor, i'm going to talk about madison square garden. that stock is currently trading up, about a percent and a half. msg owns hockey's new york rangers. they blasted the canadiens on saturday in that eastern conference file. carrie price was run into by rangers player, but he was able to stay into the game. now the canadiens have announced that price is out for the rest of the series with an injured knee, giving the rangers an easy path to the stanley cup finals. game 2 toke, n -- game 2 tonigh. >>> you see skiingers use it down the slope. sky divers love it from jump to landing. 'em "power lunch"ers used go pro when we went curling. this is a company that makes mounted cameras for just about anything or anyone who wants to go to wall street. josh lipton has the details. >> y

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i'm derrick chan of fidelity investments. our one-second trade execution is one more innovative reason serious investors are choosing fidelity. call or click to open your fidelity account today. whon a certified pre-ownedan unlimitedmercedes-benz?nty what does it mean to drive as far as you want... for up to three years and be covered? it means your odometer... is there to record the memories. during the mercedes-benz certified pre-owned sales event now through june 2nd, you'll get complimentary pre-paid maintenance and may qualify for a two-month payment credit. only at your authorized mercedes-benz dealer. >>> welcome back to the sohn conference in new york city. pfizer shares lower after reporting sales well below the street expectations. that's only part of the story surrounding this company lately the pharmaceutical giant making a second play for astrazeneca. let's bring in founder and managing partner of orbimed. nice to see you. >> thanks. >> what's your take on pfizer? >> pfizer is a big story. we have numbers in the

i'm derrick chan of fidelity investments.econd trade execution is one more innovative reason serious investors are choosing fidelity. call or click to open your fidelity account today. true business-grade internet comes with secure wifi for your business. it also comes with public wifi for your customers. not so with internet from the phone company. i would email the phone company to inquire as to why they have shortchanged these customers. but that would require wifi. switch to comcast business internet and get two wifi networks included. comcast business built for business. >>> consider this insane statistic. at the current rate of price increases, the cost of a degree from a four-year private college will soon be more than the cost of the average house in america. four years, probably 22, 23, 21 years old, effectively owing a mortgage. your next guest says the growth in both that and auto loans are probably the best way to create what he calls systemic poverty in the u.s. bring in jeff steiner from al hambra investment par

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i'm derrick chan of fidelity investments.-second trade execution is one more innovative reason serious investors are choosing fidelity. call or click to open your fidelity account today. that corporate trial by fire when every slacker gets his due. and yet, there's someone around the office who hasn't had a performance review in a while. someone whose poor performance is slowing down the entire organization. i'm looking at you phone company dsl. check your speed. see how fast your internet can be. switch now and add voice and tv for $34.90. comcast business built for business. >>> time for street talk. let's move for the first stock, netflix. tell me the stock -- it is a down day overall. >> and the annual cyst settic the price target at $42 a share for net flick. folks that's about a 15% up side. about $408 on weight. they think the internal tv aspects of netflix's core business are undervalued. >>> piper jaffray defending g e gamestop. >> not helping today, but bigger market down day, most stocks, stocks already down, by th

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i'm derrick chan of fidelity investments.us investors are choosing fidelity. call or click to open your fidelity account today. [tense music] ♪ >> robert, come on in. have a seat. thanks for coming in today. >> thanks for having me. >> i'm a meeting with my lawyer to see if i can get out of the lease. i have three years left, and because it's a large commercial lease, not only did i have to sign corporately, but i had to sign personally. there's a lot of money on the line. listen, did you have a chance to look over the lease? >> i did. >> okay. >> the lease is very long, and it's very landlord-friendly. [dramatic drumbeat] >> tell me something good, please. >> i don't see any way out of it. >> there's got to be something in here. he's got paragraphs crossed out. he's got--i mean i can't let this deal slip through my fingers. there's got to be something. >> there's no way i'm--i can see that you can get out of this lease whatsoever. >> then the bottom line is, i'm screwed. [dramatic music] ♪ [hip-hop music] ♪ >> i'm checking i

i'm derrick chan of fidelity investments. our one-second trade execution is one more innovative reason serious investors are choosing fidelity. call or click to open your fidelity account today. are the largest targets in the world, for every hacker, crook and nuisance in the world. but systems policed by hp's cyber security team are constantly monitored for threats. outside and in. that's why hp reports and helps neutralize more intrusions than anyone... in the world. if hp security solutions can help keep the world's largest organizations safe, they can keep yours safe, too. make it matter. we know we're not the center of your life, but we'll do our best to help you connect to what is. >>> it is time now for our trader blitz. four trades on four stocks making news today. first up, caterpillar reporting a 13% drop in global machine sales. steph? >> yeah, it was disappointing. it was worse than last month and the prior month. and it was all resource-related. so it's all mining. the construction part of the business has actual

i'm derrick chan of fidelity investments.execution is one more innovative reason serious investors are choosing fidelity. call or click to open your fidelity account today. whon a certified pre-ownedan unlimitedmercedes-benz?nty what does it mean to drive as far as you want... for up to three years and be covered? it means your odometer... is there to record the memories. during the mercedes-benz certified pre-owned sales event now through june 2nd, you'll get complimentary pre-paid maintenance and may qualify for a two-month payment credit. only at your authorized mercedes-benz dealer. >>> let's head to moscow for an update on ukraine and more, richard engel joins us now and for anybody that is watching is casual i think, a casual observer, richard, it's so hard to intrempt interpret. the idea that putin says, gee, you elected this guy. i will work with this guy. there is blood shed at the airport. it's hard for us to understand what's happening, how long it will last. whether it almost seems too quiet. >> well, i think it w

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i'm derrick chan of fidelity investments.d trade execution is one more innovative reason serious investors are choosing fidelity. call or click to open your fidelity account today. all stations come over to mithis is for real this time. step seven point two one two. verify and lock. command is locked. five seconds. three, two, one. standing by for capture. the most innovative software on the planet... dragon is captured. is connecting today's leading companies to places beyond it. siemens. answers. when folks think about wthey think salmon and energy. but the energy bp produces up here creates something else as well: jobs all over america. engineering and innovation jobs. advanced safety systems & technology. shipping and manufacturing. across the united states, bp supports more than a quarter million jobs. when we set up operation in one part of the country, people in other parts go to work. that's not a coincidence. it's one more part of our commitment to america. >>> our road map begins with retail. macy's sales falling bu

i'm derrick chan of fidelity investments.ne-second trade execution is one more innovative reason serious investors are choosing fidelity. call or click to open your fidelity account today. >>> welcome back. with about 25 minutes left, some volatility today. the dow -- we were sharply higher this morning, up about 115 points. then as we were coming into the last hour, it actually turned negative. some selling into the afternoon session. now we are back positive again. but the fdz has failed to go positive here, down 12 points. the s&p down a point and change right now. >>> bill, meanwhile the latest tea leaf on the labor market shows an unexpected drop in new claims for unemployment benefits. >> but, don't pop open the champagne bottle just yet. steve leisman has been combing through that report. when was the last time you combed anything though? >> oh, bill! cruel! >> i'm sorry. couldn't resist. but you did find -- we're going to all pay attention because you found some rather interesting but complicated facts. >> this is suc

i'm derrick chan of fidelity investments.ecution is one more innovative reason serious investors are choosing fidelity. call or click to open your fidelity account today. today is wednesday today, we greet you. treat you. care for you. today, you can come to cleveland clinic for anything, everything or just to get that "thing" checked out. big, small, and yes, the best heart care in the nation. it's here everyday, for everyone. that's the power the power, that's the power of today. cleveland clinic. call today, for an appointment today. >>> welcome back. here's a look at shares of zillow. they were hammered today. they are rebounding ever so slightly after hours and after reporting an earnings beat. all of this happening while fed chair janet yellen is warning it could hold back the housing market. let's bring super broker to the rich and bob pisani's and joined by diana olick and the panel. great to see all of you. bob, thoughts here. zillow was down sharply. you heard what diana said about the earnings report and yet not ge

i'm derrick chan of fidelity investments. our one-second trade execution is one more innovative reason serious investors are choosing fidelity. call or click to open your fidelity account today. >>> violence breaking out in turkey. police in the country have unleashed water canons on thousands of protesters at site of a deadly mining disaster. the crowd is reported to be up to 10,000 strong chanting anti-government slogans following the death of 280 coal miners in turkey's worst mining accident ever. bill? >> all right. heading towards the close. eight and a half left in the trading session with the dow up 41 points. joining me to help wrap up this week is michael block and our own bob pisani as well. bob, what have we learned? we were just saying we're coming right back to where we started the week. >> tremendous amount of confusion on the debt, particularly with what's going on with the ten-year yield and what the drop the meant this week. what i saw in stocksy did not see a lot of liquidation of stocks. i didn't see big vo

i'm derrick chan of fidelity investments.e innovative reason serious investors are choosing fidelity. call or click to open your fidelity account today. the numbers are impressive. over 400,000 new private sector jobs... making new york state number two in the nation in new private sector job creation... with 10 regional development strategies to fit your business needs. and now it's even better because they've introduced startup new york... with the state creating dozens of tax-free zones where businesses pay no taxes for ten years. become the next business to discover the new new york. [ male announcer ] see if your business qualifies. ♪ >>> our road map starts with google. the tech giant making headlines at the code conference unveiling its driverless car. former gm executive bob hurts will weigh in on what it means now. >> morgan stanley's chief u.s. equity strategist adam parker tells us where we should be investing. >> miking kors seeing a boost in revenue but its a struggling stock. we'll break down the fourth-quarter

i'm derrick chan of fidelity investments.ne-second trade execution is one more innovative reason serious investors are choosing fidelity. call or click to open your fidelity account today. trwith secure wifie for your business. it also comes with public wifi for your customers. not so with internet from the phone company. i would email the phone company to inquire as to why they have shortchanged these customers. but that would require wifi. switch to comcast business internet and get two wifi networks included. comcast business built for business. >>> welcome back. could be another big day. the just is just slightly negative. see if it closes positive. 30 points shy of its all-time high. the s&p is on track for its fourth consecutive record high close. we've been talking about the fact that, by the way, where are the had lines? don't know it if you're not following quite closely. >> the stock market rally that everybody loss of to hate. at this point getting very little attention outside the world of wall street. established

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i'm derrick chan of fidelity investments.e more innovative reason serious investors are choosing fidelity. call or click to open your fidelity account today. >>> welcome back. i'm eamon javers in washington where attorney eric holder just posted a special video message on the department of justice's website where holder lays out his belief there is no such thing as too big to jail that no financial institution has such size and clout in this economy it is immune from prosecution. holder says the department of justice and regulatory agencies are working closely together and moving forward raising the possibility of some kind of charges against large financial institutions in the coming weeks and months. this statement today is a marked difference from what he said up on capitol hill, back in early march, in which holder seemed to raise the possibility that in fact financial institutions could be too big to jail. in march, he said, i am concerned that the size of some of these institutions becomes so large that it does become d

i'm derrick chan of fidelity investments.n is one more innovative reason serious investors are choosing fidelity. call or click to open your fidelity account today. >>> welcome back. futures down 16 points. which is not that significant given the potential for more weakness after yesterday. we're watching the shares of darden restaurants. they sold shares of red lobster to golden gate capital for $2.1 billion. the move to sell red lobster had been opposed -- >> you asked whether this was something we knew. they had already announced to sell or spin it off. and there had been some commotion. >> without commentary -- >> yes, sir. >> we mentioned some of the buffett stuff. he bought in verizon. it's not him probably. >> it would be weschler. >> 11 million shares. >> they must like verizon. >> what's the total price? >> 524 million. >> that is something ted and todd could have done without warren. it's possible. >> but we asked about ibm because of the uneven results and the revenue. >> light way of putting it. >> wondering wheth

i'm derrick chan of fidelity investments.-second trade execution is one more innovative reason serious investors are choosing fidelity. call or click to open your fidelity account today. >>> i think that, you know, there's a tremendous damage in this crisis. you know, worst damage to unemployment, businesses, housing, people's basic sense of security. worst damage since the great decision really. and enormous loss of confidence in government, deep lasting scars to people's confidence in their security and their quality of decisions they get from their country. so you may not have seen it in the shape of breadlines and soup lines, but you can still see today in people's sense of darkness. >> and that was former treasure secretary tim geithner. jim cramer last night. jim joins us from the new york stock exchange. i'm trying to think back on your entire shift with geithner. am i wrong, did you have -- did it start out bad and became better? do you remember? isn't that the way it was. >> it started out real bad. >> real bad. but

i'm derrick chan of fidelity investments.tive reason serious investors are choosing fidelity. call or click to open your fidelity account today. >>> welcome back. jim cramer joins us now. lots to talk about. exxon mobil. i'm curious about the directv/at&t negotiations. i'll take your lead here. >> i think that directv/at&t always talk with each other. i've got to tell you, this is david faber's story. when i read through i kind of say, i don't believe. we're not talking price. why would they want directv? it has all this latin american business. at&t said we're not going to go international. it created a whole new world. i think it makes sense that everybody has to talk to get bigger. >> right. >> i think a lot of this, by the way, has to do with the regulators. we just reported earlier that the conversation is actually in large part because of time warner cable and comcast. if you put both deals on the table at the same time you have a better chance. >> look, the field is very, very competitive. and i think that is what matt

i'm derrick chan of fidelity investments.stors are choosing fidelity. call or click to open your fidelity account today. what is this place? where are we? this is where we bring together reliably fast internet and the best in entertainment. we call it the x1 entertainment operating system. it looks like the future! we must have encountered a temporal vortex. further analytics are necessary. beam us up. ♪ that's my phone. hey. [ female announcer ] the x1 entertainment operating system. only from xfinity. tv and internet together like never before. >>> let's get down to the new york stock exchange. jim cramer joins us now. a lot to talk about. jobs numbers first. your take and where the market goes? >> well, i think you guys have been digesting it pretty well. i think the idea maybe we get some kind of a re-do basically of what i'm seeing where you're just getting a lot of jobs that would have been created coming up, the revision is terrific. when you go boots on ground whether the auto industry, whether it be not the residenti

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i'm derrick chan of fidelity investments.ond trade execution is one more innovative reason serious investors are choosing fidelity. call or click to open your fidelity account today. ♪ >>> tuesday, about eight minutes to go before we open trading on this tuesday. time for our mad dash. when i think eog i think jim cramer. >> thank you. >> this is a stock you have talked about numerous times on "mad money" and also right here. >> it's been my favorite. mark pap retired ceo, set a pace of 40% growth. david, when we talk about these cloud and software as a service companies, some of them are averaging 35, 40% growth. tabblo 80%. i should have said that. eog, kind of fooled a lot of people. stands for enron oil and gas, but it hasn't been that in so long so people don't understand. permian, they've got the delaware basin. looks like that's going to be the third leg of a three-legged stool. best assets. 3,000 barrels per day in eagleford and bakken, ramping spending. people thought they were going to ignore bakken, so much more, b

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i'm derrick chan of fidelity investments.-second trade execution is one more innovative reason serious investors are choosing fidelity. call or click to open your fidelity account today. >>> 10:00 a.m. eastern time. this is "squawk on the street." our road map, is this the year of volatility. a day after a rough ride in the markets yields dipping below 2.5, relatively quiet this morning, is it the time to sell in may. >> hedge fund moves into mature names like verizon and out of high flying tech names. start-ups like pinterest and ubber see sky-high valuations this morning. we'll ask jim stewart, growth or value, which market is it. >> american retail is dead until last night, cold weather, weak consumer blamed for bad earnings and then jc penney and nordstrom blew that story out of the water. stocks up huge this morning. >> the major indices are stable this morning after, of course, being hit hard yesterday as bond yields fell and the ten-year dropped below the key 2.5% level. the dow lost 1%, the s&p 500 almost the same as

i'm derrick chan of fidelity investments.is one more innovative reason serious investors are choosing fidelity. call or click to open your fidelity account today. we know we're not the center of your life, but we'll do our best to help you connect to what is. >>> some exciting news from cnbc and "squawk." starting monday, we're taking our coverage to the next level with the launch of squawk alley. 8:00 a.m. on the west coast, 11:00 a.m. in the east, squawk alley will stand at the heart of wall street. we'll be joined by the top voices in tech, the biggest ceos and biggest vc. we cannot wait for monday. congratulations to you and you and all of us here at "squawk on the street." >> it's going to be really fun. we've talked about a lot of the products as new launches. but they're really affecting the way we interact in our day-to-day lives even as some of the companies go public and they're on the stock market and affecting investors, too. >> yeah, it's fwun to get to do this. i'm still a silicon valley at heart. not really tha