if you do, get flat them now. >> pop here for freeport-mac up 7% on the week. pete. >> freeport-mcmoran, copper, and gold, melissa lee, that stock moves higher this week and it finally got through an area that's been administrative for a while fwhou, a lot over 69, 69.50 area. keep an eye on freeport, it's going higher. >> i don't think you ever called me by my full name. i feel like i'm in trouble. pop for the steel stocks like ak -- >> well, melissa lee was up in china. capacity utilization at 100%. >> pop for aetna. >> yeah, melissa, don't get lulled into it. democrats did a good job of pushing it up a little this week but still a lot of trouble there. >> aig was down for the week 4%. joe. >> we had tom gallagher on on tuesday. he was the analyst that downgraded aig. listen, the math just does not add up for aig right now. we've got a $15 price target. that puts it at 75 cents. right now they've sold about $9 billion worth of assets in a fire sale. they've got a long way to go to pay off the government. >> monsanto down for the week by 5%. pete. >> the ag pl

if you do, get flat them now. >> pop here for freeport-mac up 7% on the week. pete. >> freeport-mcmoran, copper, and gold, melissa lee, that stock moves higher this week and it finally got through an area that's been administrative for a while now, a lot over 69, 69.50 area. keep an eye on freeport, it's going higher. >> i don't think you ever called me by my full name. i feel like i'm in trouble. pop for the steel stocks like ak -- >> well, melissa lee was up in china. capacity utilization at 100%. this is an exciting time for steel. >> here's my favorite pop of the whole week. pop here for winkers. she spotted this jam on the funny business log, which i do urge you to check out. seattle designer richard jones has created jeans that appear to wink to you as you walk away, but you have to be willing to pay. pairs cost anywhere from $160 to $580 a pair. >> not me. >> apparently you need to have a real tight muscular butt. >> i think the bigger the better, because the eyeballs will be -- >> that was my point. sfoo if you are going to paint eyeball on your butt, t

freeport-mcmoran's a stock, technically it has to break below 66, but a lot of people are using freeport-mcmoran to get exposure to gold. i wouldn't necessarily sell this sort here. >> we've got a pop here for general mills. gis is up 5% this week. steve. >> my wife has a gluten allergy. i don't see any big makers of cereals that have any exposure to this. general mills does. i'd be a buyer. i think going into the next couple years you're going to see it be more of a presence. >> drop for dell on the week down 8%. guy. >> integrate perot systems, that's going to take a while. i think dell trades down to 14.25. you can buy it there. >> weave got a drop here for moody's. >> not a good week for moody and is one has to wonder what is left of their franchise if they don't have any credibility, people don't think they need the rating what do you get when you buy moody's. i wouldn't buy it. >> pop for natural gas, up 5% on this week, joe. >> absolutely. natural gas technically great rebound. as of 2:30 on this coming monday becomes a $5 commodity versus a $4 commodity. >> united health was down 11% on

>> at freeport you do get a little gold exposure. going back to you that taug about bucyrus all the time and joy global, those are moving to the up side now. they had a nice big move today. can we they extend it i? don't know. they made a quick big snapback the last couple trading days. again, really cheap volatility in the option there's. >> let's move on talk about what was behind this big rally we saw across the board in the commodities space and that is the weaker dollar. in fact, the dollar index hitting lows for the year. let's bring in the big sir, ricy santelli, who joins us from the pits of chicago. rick, how much weaker are we going to be? >> with the dollar i think it's an ongoing stick. all you ayn randers out there, i'm not dismissing the move in goemd i think you want to pay attention to what's going on in the dollar.sy i don't see it changing anytime soon. but if you're talking about a disaster trade with regard to the dollar, it should have happened a year ago. if you're talking about gold now, i think the barrick sto

don't expect you're going to get a 15% to jump back in and buy your freeports. of these company, they've missed. >> are you starting to pull the trigger on some of the cash on the sidelines? >> no, in fact, i'm taking some off. the valuations are getting so stretched. and some of the defensive trades i have on do not work on this kind of environment at all. you would think walmart has worked. it's gone absolutely nowhere. it seems impervious to any uptrend in the market. 13 times next year's earnings i think is great but it does not move pop i used the technical analogy of 2003 throughout 2009. if you look at 2003 and you look at the options expiration for september, that's kind of where you had a top in the market. what do i think right here? i'm going to jump into guy's debbie downer camp. >> whoa. a defection. >> i am defecting from the bull camp. i think right here through the remainder of the month, here's an opportunity for timmy's small shallow correction to happen in the marketplace. i actually today put on a bunch of bearish positions and i believe over

the philippines has managed to now called freeport zones, clark and subic operate today under the flagnd are bustling with economic activity. companies from japan, korea, europe, canada and even the u.s. have come to set up manufacturing and production while filipino firms have moved in with shopping malls, housing, casinos, tourism. it is all pouring millions a year into the philippine economy and might help this country become another one of those famous asian tigers. and there literally are asian tigers here now as well. but more on that later. first -- meet filipino senator richard gordon. >> i've been a mold breaker since i was a kid. >> reporter: he was mayor of the subic bay town when the u.s. navy sailed away for good. that's him on the right signing the final handover papers. >> we were very, very glum. we were looking forward to the day that we would see our lives, you know, suddenly change overnight. these are people i grew up with. i mean, the whole base i grew up with. >> reporter: gordon was not going to let subic bay sink. he personally organized thousands of locals who

slammed toda alcoa and freeport-mcmoran. you're probably on the subway over here, but richard from freeport-mcmoran was on "the closing bell" with maria saying yes, the china story is intax and seeing the demand for copper right. >> you and yes, i do ride the subway too. >> oh, you in your -- >> inventories in copper in shanghai have increased. you look at freeport and the momentum behind that stock, that's not surprised it's sold off three bucks today, almost 4%. that stock is now resting on its 20-day moving average. an average that i think actually matters and if we break that, we probably go down to the 50 which is around 63. i think copper is not a trade that's dead. but i do think people are concerned about the china growth. i know we're going to talk about this a little later in the show. i don't think it's dead but i do think that copper is not the strategic metal they're buying. i think that they're buying other things here. if i look at the move in copper earn in the space, i will come back to the dollar. the dolla

freeport-mcmoran's a stock, technically it has to break below 66, but a lot of people are using freeport-mcmoranre to gold. i wouldn't necessarily sell this sort here. >> we've got a pop here for general mills. gis is up 5% this week. steve. >> my wife has a gluten allergy. i don't see any big makers of cereals that have any exposure to this. general mills does. i'd be a buyer. i think going into the next couple years you're going to see it be more of a presence. >> drop for dell on the week down 8%. guy. >> integrate perot systems, that's going to take a while. i think dell trades down to 14.25. you can buy it there. >> we've got a drop here for the washington nationals. the nation's capital's baseball team recording its 100th loss this season, losing to the l.a. dodgers last night 7-6. this makes the nationals the first national league franchise since the '70s to post trim-digit losses for the second year in a row. >> they don't do anything good in washington. >> guy. >> not true. i went to school in washington. big d.c. fan. georgetown '86, baby. ? a long time ago. >> 3.9 average gpa. giddy-u

so freeport's going to have a couple weeks of problematic trading. if you're long, you might want to be somewhat less long. >> but let's not confuse what's going on with copper -- the dollar's strength today was a reaction to the fed and again a reaction to the stronger markets, i believe. therefore, i don't think this weak dollar trade is over, and i think this is a lot of guys who came into this number, were nervous as hell. the short dollar trade was the most crowded trade on the street. i'm curious, dennis, what your view is then not on today's reaction but on tomorrow's because is the dollar going it continue this path higher? i think the street right now is very confused and that was why we traded violently toward the end of the day. >> again, tim, i think it's a matter of where do you think the dollar's going to be in a month as xhcompared to where it's goi to be tomorrow. tomorrow the dollar might get strong again, not dramatically. a month from now, two months from now the dollar's going to be demonstrably weaker than it is now. in the next

you can bet that night i'll tell you that freeport is overvalued. trust me. you do not want to own a whirlpool or fortune brands which just went up huge this very week, if peanut butter and cheerios start runnign big. some companies are great forecasters on entire industries. they give you the temperature of the whole sector. when they report you've got to pay attention. what i'm looking for is air. that's the symbol, a-i-r. the symbol of the company is aar. this is an incredibly well-run company. it reports on tuesday. the symbol is air. okay? again, i'm going to clear that just so you have it. air. now, this company has always given you the greatest tenor of the aerospace industry. do i care whether you buy or sell this? no, i just want you to learn from it. given what's happening, yesterday amr got its couple billion. the big aircraft leasing merger this morning. we're going to be paying incredibly close attention to see if we can come back and recommend the controversial stock boeing. how about wednesday? another really interesting tell here is, again, ju

one of the biggest mistakes i made for my charitable trust was i sold freeport, i knew what you said. you have got the statistics, you're absolutely right. i should never have sold it. it's going higher. it's cheap, it's well-run. my bad! okay. pay attention to the great expectations. we all had to read that book. hey, wasn't that book horrible? this is habersham? it was awful. that's why the tide is above the cheerios on the cheerios tide-a-mid, and well -- no, not going to do it tonight. "mad money" will be right back. >>> coming up, not all mad gas craves are created equal. cramer drills down on the insuring sector to find out which name must now be sentenced to the cell block. >>> plus, with millions of people now spending hours a day on their smart phones, who is in demand? cramer tells you which stocks could be dialed into next on "mad money." >>> and later, try to keep up with cramer as he takes your calls rapid-fire in an all new "lightning round." all coming up, on "mad money." >>> tonight, with natural gas jumping a huge 15% in one day -- i guess a chance to meld my crusade

freeport u.s. steel and murphy, getting a look there. carnival raised their outlook and their earnings beat expectations. getting a jump of about 7.5% and pulling royal caribbean along today as well by about five. weak dollar, higher xhcommoditc. >> we're near the session highs, about ten points. a couple of floors above me, ceo of yahoo! is doing a question and answer. really being asked several times about the stories the last few days, whether or not they're selling some of their businesses. she basically said generally, maybe. she says it's integrated into our system and let it at that. we'll see if there's truth to it. google, above 500. it's off the highs, but again, hitting another 52-week high. a lot of strength in big names. rumors of nokia take out out of europe. a nice note of citi saying it's a short-term buy. dell slightly negative on that deal with perot. >> it's an interesting day. folks are starting to talk about whether the dollar is now the so-called carry trade currencies. you get the cheap dollar and buy up commoditie

the earnings for these big copper companies, freeport southern cpu, all these guys, their earnings will be upgrade. just keep that in mind when you're looking at the valuations because these stocks aren't valued for 2.75 copper. gold, really quickly it's all been about the dollar and the dollar this week toward the end of the week started to see a little bit of foundation, a little bit of turning around, 7 6 on the dxy. if you believe the dollar's going to rally and a lot of people have asked me how can you play the dxy, which is again this gakt of dollar stocks, it's not playing the dollar-euro, the dollar-yen. . ept replicates the dxy. it's very interesting. >> you and gartman touched ton yesterday when you said the eighth new etf. that's just so crowded. this is about to be on the cover of "business week," this story. and you know, that's the -- absolutely. >> let's come back for one second on the fundamentals of copper because again, this is important for the entire economy. if you look right now, inventory, 16 days in a row. the lme measures inventories. we've had 16 consecutive da

freeport's going to have a couple of weeks of problematic trading. i know you're not confused but copper is really an inventory thing. the dollar's strength today was a reaction to the fed and a reaction to the stronger markets, i believe. therefore, i don't think this weak dollar trade is over. in fact, i think this was a lot of guys who came into this number, were nervous as hell, the short dollar trade, with the most crowded trade on the street. i'm curious what your view is not on today's action but tomorrow's. is the dollar going to continue this path higher? i think the street right now is very confused. and that was why we traded violently toward the end of the day. >> again, i think it's a matter of where do you think the dollar's going to be in a month, as compared to tomorrow. tomorrow the dollar might get strong again. not dramatically. a month from now, two months ago, the dollar's going to be weaker than right now. where can it be the next 48 hours? wouldn't be surprised if it were slightly stronger. when it does get slightly stronger, f

now called freeport zones, clark and stubing operate today der the flag of the philiines and are bustling with econoc activity. compies fromjapan, korea, europe, canada and en the u.s. have come t set up manufacturing and pduction wheilipino firms hve mod in withhoppingmalls, using, casinos, tourism. it is pouring millions into the philippine economynd might even help this country beme another one of tse famo asiantigers. and there literall are asi tigersere now as wel. but me on that later first -- meet filipino setor richar gorton. >> i've been a mold brker since i s a d. >> reporte he wasayor of the stubic bay town wn the u. navy sailed away for good. that's him on the right signing overthe final handover papers. >> we were very, very glu we were looking rward to the day tat we would see our lives, you know, suddenl change overnigh these are people grew up with. i mean, t whole base i gr up with. >> reporter: gordon was not gog to let stubing bay sink. he talkedthose left without jo into a volunteer army to preserve and prect what the u.s. army left behind. he kt preing the cenal govem

that's the beauty of benefiber "afv's" mysterious mysteries of mystery -- freeport, bahamas -- suspectotection program... buys hat... hat looks good. pompano beach, florida -- garbage goes on strike, refuses to be collected. sydney, australia -- australian football team washed in hot water, shrinks. australian-rules football still a mystery. hades, ninth circle -- hell freezes over. checks in mail finally arrive. kirkland lake, ontario -- kids warned to stop staring, don't listen. eyes stay like that. tokyo, japan -- uh, nothing new to report. business as usual. have you ever put on an old pair of pants, you stick your hand in the pocket and find embarrassing stuff you haven't seen in years like your lucky mood ring, a ticket to a christopher cross concert, your missing hamster, freddy? look what i found. the cool thing about mopeds is they're so easy to use, anybody can just hop right on and go. they practically drive themselves. woman: are you okay? [ xylophone playing ] isn't it too cold to play outside? [ music continues ] when he's done, he's gonna make a snow piano. [ music stops

freeport copper and steel. farmers are putting copper in their barns and stuff like that. we expect a pullback. we think the commodity names are ahead of each other, the coppers, the steels. right now we would be underweight those groups. in the next year since they have $2 trillion in reserves spending on infrastructure, we will go back then. our biggest concern is the treasury market with 50% of treasuries turning over because of short duration nature of the paper, there is a risk if we don't get a strong bid in these auctions. we are worried about interest rates. >> that could be negative for the consume. gentlemen, great conversation. >>> consumer staples higher after the broader market is under pressure. is the rally for real? matt nesto breaks it down. he looks as we approach the fourth quarter. back in a moment. by selecting from eight advanced triggers, your order gets executed, even when you're busy. and with trailing stops to help you lock in profits and minimize risk, you can be confident in your strategy, no matter which way the market moves. find out why more

freeport mcmoran, murphy oil and u.s. steel with gains. retailers as well. lowe's reaffirmed 2009 outlook below estimates. their 2010 outlook was below estimates, at the low end of their range. $is 124 to $134. the street looking for $134. carmax topped estimates, conagra raised full year forecast. google shares, the price target got raised today to $560. that from a cancord adams. the dow closing higher. >> nice to see you, sir. >> i'm going to hand it back to maria bartiromo. >> we are talking with the prime minister of poland. we have vaclav klaus coming on the show. so nice to meet you. >> you never know who you are going to run into on the floor of the new york stock exchange. the prime minister of hungry stopping by the set. i'm going to sit down with the president of the czech republic. vaclav klaus to weigh in on a recent policy shift from the u.s. in terms of the foreign policy situation. we get his thoughts on that as well as the economy in the czech republic. here are the business headlines, singapore's foreign wealth fund cutting its stake in cit

freeport and some of the copper names should be very vulnerable and i think are high momentum plays actually are trading very well. the places to watch, though, are the emerging markets that have the most commodity exposed economies that would be russia, that would be brazil to some extent. that would certainly be south africa. those are places. and then the fx currencies look at the australian, you know, the aussie, the canadian dollar, some of those other places i would be most wary. >> tell me what you like. what would you put your money into right now? >> one thing that's notable in the midst of this, a few of these economies are doing very well. brazil is one of them. we're looking at a tremendous deal calendar over the next few weeks in brazil. today sandara stating they're spinning out their brazilian entities. if you look at a number of the plays in the banking sector and brazil, which is still obviously your emerging markets. >> let's get away from emerging markets, because i don't have that much time. what sectors do you like in this market? >> i still think you're going to see a v

your freeport-mcmorans tend to rally a little bit. same situation with energy. we've got a nice boost when we got the weekly inventory levels for oil out. oil stocks moving up. stocks like eog had a nice day. they helped start the rally here. let's talk about the other groups here. consumer discretionary stocks had a tough day here. darden restaurants, you know them olive garden, red lobster had comments out. earnings okay, but the not a lot of topline growth nor guidance. we had weekly mortgage rates out. mortgage rates are going down, yet applications not increasing. we are at a seven-week low in applications to purchase homes. that is putting pressure on the home builders. finally, let's take a look how we ended the quarter up. settling out here. got to get the final numbers here. the dow is up about 15%. the s&p, rats, i think we are just shy of it. we were up 15% the last quarter. we didn't get any multidecade beats here. look at the disparities here. financials, materials and industrials. there is the big outperformers for the third quarter. financials, ma

he said he traveled from maine to freeport in 2008, and that six people made that journey with him, includingife, who was with him in court, his son, his daughter, and four nannies. he said the day that his son died, he was sleeping with his wife when he was awakened by one of the nannies. as a result, he ran down with his wife, and he said he saw his son lying in the bathroom, and there was another nanny. they were attempting to revive him. he then took over and began administering cpr. shepard: , unfortunately, on this network, we just do not have this amount of time. neil cavuto is next. @=h ♪ well i was shopping for a new car, ♪ ♪ which one's me - a cool convertible or an suv? ♪ ♪ too bad i didn't know my credit was whack ♪ ♪ 'cause now i'm driving off the lot in a used sub-compact. ♪ ♪ f-r-e-e, that spells free credit report dot com, baby. ♪ ♪ saw their ads on my tv ♪ thought about going but was too lazy ♪ ♪ now instead of looking fly and rollin' phat ♪ ♪ my legs are sticking to the vinyl ♪ ♪ and my posse's getting laughed at. ♪ ♪ f-r-e-e, that spells free- credit report dot com, baby.

freeport-mcmoran moved up here. it's been weaker in the last 15 minutes or so. same thing with the oil stocks, energy stocks. oil rallied on the weakly inventory numbers we got out around 10:30 eastern time. oil move up, dollar weaken. there are the energy stocks moving to the up side. where are we in the third quarter? take a look. we have 58 minutes to go here. 15.4% move in the s&p. best performance in 11 years. we'll see if we can stay there. as for what was the big movers and what wasn't, a huge disparity, unshally large disparity in the top four and bottom here. financials, materials and industrials. that's the story. everything else including consumer and health care, telecom stocks were only up 4%. you normally don't get this big a range in terms of the sector trade. tradertalk.cnbc.com. let's go around the horn and start with all my friends. we'll start with brian chapman. >> you gave the number for the quarter here. for september, the best one in 11 years. after all the volatility today, we are down 0.1%. big cap names that are strong right now, amazon

freeport-mcmoran and u.s. steel and murphy oil. aig heavy volume after a government watchdog group says it is stabilizing. citi is higher. bank of america

look at the freeports of the world eking out small gains or finishing around flat after expectations. these are some of the heaviest momentum emerging markets slash commodity inversion dollar trades and they're fine. i'm not telling you the people who are bearish about valuations don't have a pretty good argument right now but the reality is some economies in the world are doing pretty well. >> people like mr. guy adami. >> that's me. no, look, it was an impressive die. no doubt about it. the volumes were anemic. people were are waiting for the fed meeting, people are waiting for a lot of things, frankly. but that being said, yeah, i thought the market was going to be down 200 points today. especially when oil gave up ghost the way it did. very impressive day. >>

look at the freeports of the world eking out small gains or finishing around flat after expectations.t momentum emerging markets slash commodity inversion dollar trades and they're fine. i'm not telling you the people who are bearish about valuations don't have a pretty good argument right now but the reality is some economies in the world are doing pretty well. >> people like mr. guy adami. >> that's me. no, look, it was an impressive die. no doubt about it. the volumes were anemic. people were are waiting for the fed meeting, people are waiting for a lot of things, frankly. but that being said, yeah, i thought the market was going to be down 200 points today. especially when oil gave up ghost the way it did. very impressive day.

anybody who's been in names like apple, freeport-mcmoran, goldman sachs, that keep hitting 52-week highs, you want to roll up that protection. as they roll it up, i tell you what, it keeps those stocks elevated much higher. >> you know which stock's up nicely? the parent of our network. >> i knew nap another takedown for me. i was r-o-n-g on that one. oracle shares are moving sharply lower. remember during the session they were down by about 2%. after hours they are also moving lower, right now down by about 6% total, i believe is the move on the session. we had earnings coming out. eps was in line. sales were light. and really the tell, guy, as you've been pointing out, the licensing refunds came in at just about a billion dollars. and now it's a little bit weak compared to what analysts -- >> gap operating margins up 590 basis points to 34%. non-gaap operating margins 570 basis points, so 46%. they're running the business better. a lot of companies are unrunning the business better. that's the good news. the bad news, new software licenses down 17% year over year. so corporate america,

today 52-week high, we talked about freeport-mcmoran momentum being dead bottom. 75-80 call spread. they bought it. why? because it's really cheap. it gives them an opportunity. 10,000 of these traded today. an opportunity if it can continue to the up side you've got yourself an opportunity with very limited exposure. >> to the point of the miners and john tolson investing in some of the miners as well he invests in gold but also invests in the miners we made the point yesterday that these miners are overpriced. these are 13-f filings, these are as of the late quarter. >> they are overpriced, but people will buy them. and they'll work -- >> but does that logic hold? >> no. i think it is faulty logic, i'd stay away. the old walter energy is up 7% today. you talk about gold being up or whatever. this stock's up 120% since march. and petey's been on it for about 319% of it. that's a name that works. buy wlt -- >> heat has also been on the coal names. in addition to you that want to talk about natural gas right now. i truly believe natural gas has found a bottom, enough of a bottom that