you tell me where gdx will be. >> the biggest reason gdx or gld has gone up is because of the dollar.f it maintains its current situation especially with strong fundamental news, it does give an opportunity to be propelled slightly upside. >> got a question out there, send us a tweet. check out our web site. we've got the hottest options, gossip this side of tmz. while you're there, sign up for our newsletter. here's what's coming up next. >>> one call does it all. >> in our traders are calling for domino's disappointment. why it may be wise to avoid fast food. >>> plus, mike like you've never seen him before. that's when "options action" returns. >>> how about some fried noodles? noodles and company plunged today. and not the only ones, panera, chipotle dropping shortly. dan, are we seeing a bad trend? >> last night we had the ceo of red robin on. he made a couple of interesting points. he wasn't ready to say that lower gas at the pump is something they're seeing just yet. he says he's seeing a little data. i thought that was squishy. to me, that stock is right at a 52-week hive. the

will be. >> the biggest reason gdx or gold has gone up or down has been the dollar. i think if the dollar maintains its current situation, especially with a little bit of strong news from the miners at lower cost, it does give an opportunity to be propelled to the upside. >> we have a question out there, send us a tweet. check out the website, optionsaction.cnbc.com. sign up for our newsletter. here's what's coming up next. >> one call does it all. >> our traders are calling for domino's disappointment. why it may be wise to avoid fast food. >> plus mike like you've never seen him before when options action returns. friedw about >>> how about fried noodles, shares of noodles and company plunging today. they are not the only ones, panera and chipotle dropping sharply. are we starting to see a bad trend developing? >> last night we had the ceo of red robin on fast money. he wasn't ready to say that lower gas at the pump is something they are seeing just yet. he's starting to see a little data, i thought that was kind of squishy. to me, that stock is near a 52 week high

you tell me where gdx will be at that point?biggest reason gold has gone up and down the dollar. if the dollar maintains its current situation especially with a little strong fundamental news from one of the miners at lower cost that actually gives an opportunity to propel slightly to the up side. >>> got a question, send a tweet at "options action." for everything pkz che"options check out the website. the hottest gossip. while there sign up for the newsletter. news is coming up next. >>> one call does it all. >> and our traders call for a dominoes disappointment by may be wise to avoid fast food. >>> plus, mike coe like you've never seen him before. that's when "options action" returns. >>> >>> how about some fried noodles? shares plunging on an earnings miss on guidance and not the only ones. panera, chipotle dropping sharply since reporting earnings. seeing a trend? >> last night the ceo of red robin. made interesting points i took away. wasn't ready to say lower gas at the pump is something they're seeing yet. he's starting

a buyer of gdx. >> looking out to june at the 21, 26 call spread trying to target that $26 price targetter identified. >> you may have noticed, carter is not here today but did drop us a note. no change to the judgment that gold bouillon and gold money stock are in the throes of going out. stay long. do you a agree? stay long i. do agree. we gave it time to play out and should allow it to exactly that. one of those situations where we weren't necessarily going to make the play for one week. probably looking 60 to 90 days. gave ourselves that amount of time. let's see how it plays out. >> you set quite explicitly you believe the dollar will continue to be stronger. therefore is this trade not going to work out. >> oh, no. no, no. oh, contraire. there are periods of time where it correlates exactly with the dollar and we're headed into one of those periods of time. look at like a three-month correlation of gold and the u.s. dollar over the last 10, 15 years you see 60 months to a year period where these two corps late not one negatively and just starting to switch there. i think this trad

>> gdx. actually went up on the day. and if b.k. is right about the dollar, you will see a move in gold. i do think there's something going on in gold. i think the miners are levered. you're getting on me. you said brian it's tim. you're five feet away from him. don't think i didn't catch that, hash tag. maybe this crude move to the upside is for real. >> you have a way to play it, grasso? >> it's an ultra short etf. this is not one you leave overnight a lot. b.k. got up at the board talking about a dollar. everyone's been long dollar, short oil. there's a good chance you run into resistance on both sides. >> i go for the agriculture space. dba. it's something we haven't talked about it a lot. if you look behind a line, it's all about what can happen with ukraine. >> all right. let's move on. we've got some news on the latest position held by hedge fund heavyweights. green light capital. dom chu back at hq looking through the breakdown. >> that's right. this is all of these 13 f filings for the fcc. every quarter have to disclose th

. >> gdx. instead of playing with the glt, play something even more levered. third time this week we've used the word. >> "we" meaning you. no one else pronounces it that way because it's incorrect. >> everybody in england does. >> i have feelings as well by the way. this had a huge move in january. it's pulled off a little bit. i'm with beaks on this. i think gold is moving higher. if the market stabilizes, which it has been doing, these gold miners are going higher. >> seaburg? >> yeah, europe is the place to be. at least for the short term. they're kicking the can down the road, but i think it's a trade. it's up 12.5%ish year to date. it may pull back a little bit. >> we have a street fight. >> i do believe it's going to go up. >> this is the euro stock, the etf. >> would you short it? >> here's the thing. we started looking at this this afternoon. it's been in the downtrendz since last week. it just broke out. there's a lot of optimism this deal was getting done. but i think the situation in the ukraine lingers here. i think we will see the west have to st

gdx horrible day. i think that's if play long term. >> a week ago we were talking about factory orders and the economy. maybe the weakness in europe spreading out to weakness in the united states. and now all of a sudden we get the jobs number. what everyone knew about. cap-x spending that everyone knew about. rig counts coming down that everyone knew about. >> people didn't know about the wage pressure. this is the one thing that's been missing. to say that was out there, that's what scared the markets today. >> no, i think it's a combination of everything about oil. when you talk about what scared the market, people have been waiting for wage pressure, so maybe that was the added, maybe that was the cherry on top. i would say 99% of what we moved on in the last couple of days was everything that we already baked into the cake. okay. let's follow that logic through. what moves in the market were based on what we already knew? therefore, false moves. >> all were based on false moves. >> you talked abou

i think gdx continues to go higher. >> i still think germany is going to continue to perform. if you're worried about the currency, if you want to buy it outright, buy bmw, buy honda. these are names that are going to do very well with the weak euro. >> are you inquiries about investing overseas? >> europe actually outperformed the s&p. today you see the s&p have this huge range day, flirt with that 200-day moving average. trading down to 1980. i think the next couple of days, crucial for the s&p. i think we go much lower here. >> let's get under a radar for a look at what tim seymour is watching here in the u.s. as the venezuela price gets worse. >> there's a number of multi-nationals. they've been talking about it for the last couple years. this is no major surprise. not just the earnings hit, but also the asset. the official exchange rate is 6.13. there's another tier, and that's for companies that are essentially operating in a government exchange environment like food and medicine and things that the government can sanction. but if you're doing business outside of that, y

platinum, if you're looking for bigger gains he recommends mining company stocks or the gold minders etf-gdxuld short the semiconductor index, sox. from mr. gloom and doom to mario gabelli, chairman and ceo of gam coinvestors, mr. gabelli has specific stock plays. he is looking at shares of education company ram holdings and ryman hospitality properties. he is bullish on chemtura he recommended last year. liz: president obama releasing what turns out to be nearly $4,000,000,002,016 plan. how much of this budget is expected to pass and what should investors be on the look out for? adam: it was unone of the most exciting endings in super bowl history. the lombardi trophy if i is not only prize they winning team takes home. we have super bowl. so you can enjoy that second home sooner. know the right financial planning can help you save for college and retirement. know where you stand with pnc total insight. a new investing and banking experience with personalized guidance and online tools. visit a branch, call or go online today. nobody's hurt,but there will you totstill be pain.new car. it com

barrick gold newmont gold even the gold miners etf, the gdx movement to the down side. you can see they're all very much, sue, in the red. back to you. >> it's been a wild week. there's been a lot of the moves. rick tracks it all from the cme. hi, rick. >> yeah sue. 8:30 eastern. almost every market in the world. they all moved in a logical, intuitive fashion. if we look at intraday at tens we're up on the day. we also look at a one-week chart. down 28 basis points on the week. we are down 25 basis points on the year. there's a lot of numbers there, but the long and the short of it is, if you have been long looking to test some of those 20 month low yields from last week at 164, you've been in the long way in the marketplace. there's a lot of action that you could tell by the way, it's stuck at the highs. it still looks as though there might be more liquidation driving yields a bit higher. one week of the euro currency want good. it looked like it was getting traction. all dissolved on today's better than expected data. one market that's finally woken up and looks like

the gold -- the market gold miners etf, the gdx, and that's the gexj. both you can see there p by 2% as well. back to you. >> dom thank you. >> oil prices continue to move up. morgan bren airborne has the fall-out. >> that is the national strike. more than three decades. it's getting bigger. we'll have that story when "power lunch" returns. hey, girl. is it crazy that your soccer trophy is talking to you right now? it kinda is. it's as crazy as you not rolling over your old 401k. cue the horns... just harness the confidence it took you to win me and call td ameritrade's rollover consultants. they'll help with the hassle by guiding you through the whole process step by step. and they'll even call your old provider. it's easy. even she could do it. whatever, janet. for all the confidence you need td ameritrade. you got this. >>> i'm sue herrera, and here's your cnbc news update for this hour. president obama and german chancellor angela merkel had their news conference earlier today. the president said a military solution in ukraine remain unlikely. >>> w