come on. >> i think it's dead money. >> grasso? >> agreed.echnicals, you don't care why the stock price moves, you just care that it does and the fact is, it hasn't been moving the proper way. >> wow. so, doc, you are just left out in the cold there all by yourself. the lone bull, but the price action. you would get in at this point though it's not seen any sort of lift? >> that's one of the reasons i buy it. because it's a $21 stock. it was $29 this time last year or peaked out at $29. i think it goes back towards that this year, with the continuation of the rally that we see. because we all know sooner or later we're going to get a pull-back, but the rally continues and intel outperforms during that rally. >> here's the catalyst. the ceo, he's retiring, they're looking for new management. you could see a new look intel come late spring and that could be a catalyst if you see the stock in the teens. >> ron johnson? >> all right, of course, we want to hear who you thought won the street fight. so, tweet us zblvrj@cnbcfastmon >>> still to come

grasso, our bull tonight. guy adami is the bear. 90 seconds to make both cases. grasso?apiece for this one. if you look at cat tractor, everyone has been betting against this. it's managed to hold its 200-day moving average. china has been terrible, but that's been telegraphed. everyone knows that. u.s. construction on the upswing. europe is probably about a year, year and a half behind. i know it's a big if. but i like taking the contrarian bet on this one and hoping to see a pop. maybe mid 90s, after that, maybe 100. you want to exit the trade if you break down below $87. >> 12 seconds is something steve knows very well about. >> i knew there was no shot we didn't get into that. okay. >> couple things. look at their dealer stats they just came out with, i think in about mid-february. they were awful. ourth quarter wasn't t. great. guidance for 13 wasless than stellar. here's a stock that since february of last year is down about 22% on a tape that has been immediate yotic. if the stock doesn't rally over the last year or so, when is it going to? if the tape tops out ar

do you use this as an opportunity to get in, grasso?> i think we had an analyst on that said, the biggest exposure you can get is morgan stanley. the least you can get is goldman. it was counter intuitive but you want to play it on that. you want to buy goldman on the dip. >> tim? >> valuation wise, i still like bank of america and one of the big calls this week, a lot of people have said, you don't need major growth. you just need normalization, the balance sheet to continue on. so, there seems to be a lot of momentum in addition to valuation supporting this sector. this, to me, is how you play growth in america and global deflation, which is what i think we have. >> blackstone got whacked this week. just people taking profits on the back of what's been a tremendous run in the name. bla blackstone here, i think, you be long that name. >> next trade here, coal prices have been under pressure from oversupply and the record production of nat gas. have we seen the bottom in coal now that nat gas prices are rebounding? let's get the latest

. >> grasso, what do you make of bk's analysis? >> i like it. everyone has been anticipating this pullback. butting you're going to see that pullback around 167, 16 1/4 where everyone is focused on 1576, we'll probably blow that right through and that will confuse everybody further. >> let's get to our big calls of the day. we got a lot of big upgrades and downgrades. the street taking sides on some of the big names like jcpenney and apple. e bay also getting a boost. upgrading coca-cola to a buy. but it wasn't all upgrades today. amazon got downgraded at jpmorgan. let's get some of the traders takes and some telephone big calls that really did move some of the stocks interestingly, the jcpenney. >> i was not a believer in the jcpenney call. we're short jcpenney and short the bonds. i want to just show you what has been happening to the bonds. this is a chart that we did just to show you. macy's bonds, jcp bonds, they were very, very similar in the capital structure, same size offering, around same coupon signaturing. look what has happened betw

according to the twitter verse -- >> grasso won! and that's today's show! let's go to cramer. >> grasso lost. congratulations to guy adami. time for the final trade. let's go around the horn. mike khouw? >> i'm going to vote with the loser. i think the cat calls look cheap so i'm going to make a bullish play that way. >> see, mike likes your trade. >> thanks, mike. >> calling you a loser, though. >> go on. >> beekers? >> thanks? >> you know, i think these stress tests certainly have been anticipated with the runup on the financials. tomorrow might be a good day to sell some xlf. >> grasso? >> i'm going to go cat, long. hold onto that stock. use it $87.60 if you want to be really conservative, $87. tight stop. >> karen? >> verifone. we are flat. out of the name. >> guy? >> jack in the box. monster. >> all right, i'm melissa lee. thank you for watching. meantime, don't go anywhere. "mad money" with jim cramer starts right now. >>> i'm jim cramer and welcome to my world. >> you need to get in the game. >> firms are going to go out of business and they're nuts,

grasso, we'll start off with you. >> i didn't trade today. but i was -- >> what? >> i didn't.se i would have got sucked into selling stocks today. so what i did was i'm watching people buy -- rotate out of a google into apple. i'm long apple but i'm also long google. i would have got sucked into selling it. >> when does the rotation happen for you? >> it's not going to happen for me. i would have bought more google but i felt as if i didn't have enough clarity right now. i want to see how the week plays out. >> pilot? >> i look at the energy space and for weeks for months we've been talking about just about every subsector, sector in energy. whether it's refiners. today was integrateds. conoco phillips is one of those names. c.o.p. this is not psx. conoco phillips the integrated space. plenty of upside buying in the calls. 60 strike calls in the weeklies. 18,000 in the first hour and a half was trading. marathon. another that spun off the refining business. we're seeing upside buying there as well in the july 39 calls. i like that energy space. i jumped in there. i've already

grasso, good talking to you. see you soon.rasso on the floor. >>> how about health care stocks, quick? got a flame that you like better than merck? >> thc, tenet health care. >>> coming up on the "half," the big movers of the day covered in our top three trades. is it finally time to buy gold as the metal closes in on 1600. heading to the futures pit next when we come back. how do traders using technical analysis streamline their process? at fidelity, we do it by merging two tools into one. combining your customized charts with leading-edge analysis tools from recognia so you can quickly spot key trends and possible entry and exit points. we like this idea so much that we've applied for a patent. i'm colin beck of fidelity investments. our integrated technical analysis is one more innovative reason serious investors are choosing fidelity. now get 200 free trades when you open an account. you name it...i've hooked it. but there's one... one that's always eluded me. thought i had it in the blizzard of '93. ha! never even came cl

do now is make sure, well, it doesn't happen any time soon, i will ask former nyse chairman dick grasso about, that but first, swiss america chairman greg smith, and joe durham did anything change today or punch wait and confirm what we've seen in recent days? >> i think two things have happened that are important, one, the market is a reblixive of our -- reflective of our collective psychology, until it hit a new high, the average investor was still in a, what do i do to avoid losing more money mind set, they will start shifting to an, am i missing opportunities so that fear from shifting money to missing opportunity its real, unfortunately for most people watching this show, the net flow into equity started increasing in december could for most people, you have net outflows of stocks for most of that rally until 4 months ago. to me nothing fundamental has changed. you are right in your preamble. the fundamentals true in the past are not true today, this is led by a lack of opportunities to invest anywhere else, interest rates hovering 2%, there is no real place to put your money, this

grasso, kick it off. >> it still has room to run. u what is the sort of the fundamental overall macrothesis that drives the prices higher. >> it's all supply and demand. if you look at it, with think and everything else -- >> where is the demand coming from? you could see that spike higher. >> have you seen him imitate regis done micron? >> micron! the china recovery is on, but the weekend data is not good. eastbound though i think commodities have been -- it's relative value. the dollar is going higher. and a bit today. i like the story with grasso showing me some for sale on the bell. i think it's overdone. i like the valuation, love the management team. >> i completely take the other side. last week we debated. i think there's more room to the up side. when you look at what's really been propelling the market, financials number one hitting new highs, and the other is energy. i bring that up, because freeport mac has obviously with that acquisition that they have made, this name's now about 25% going towards the energy space. i thi

grasso. >> what's up, brother?is reverse itself, sort of this apple move one way lower, goingogle good the other way? >> i don't know if it reverses itself. you know, i don't think you're going to see guys dump google to bet back into apple. i think what people are doing now is it's lack of google selling, more google buying and a presence of apple selling aggressively. that's what you're seeing. >> it's funny, you had this big price target put on google. i think it was last week. a lot of people said hey, is that a sell signal? and the stock has continued to work higher. >> because they're trying to use the same mental state that it was for apple. those price targets were sell signals for apple. but apple's out of favor until the next catalyst. maybe it's a product that comes -- they've come out with. google is much more than search now. that's why you see that strength. >> you know, for me, i've been buying google from 700. i've been in and out of the name because we're traders, not investors. i'm staying long th

we'll see you next week. >> steve grasso on the floor of the nyse. stress test results are in for the banks. if you're betting on a wave of dividend increases you may want to think again. we're trading the biggest movers midday. tdd#: 1-800-345-2550 seems like etfs are everywhere these days. tdd#: 1-800-345-2550 but there is one source with a wealth of etf knowledge tdd#: 1-800-345-2550 all in one place. tdd#: 1-800-345-2550 introducing schwab etf onesource™. tdd#: 1-800-345-2550 it's one source with the most commission-free etfs. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 one source with etfs from leading providers tdd#: 1-800-345-2550 and extensive coverage of major asset classes... tdd#: 1-800-345-2550 all brought to you by one firm tdd#: 1-800-345-2550 with comprehensive education, tools and personal guidance tdd#: 1-800-345-2550 to help you find etfs that may be right for you. tdd#: 1-800-345-2550 schwab etf onesource-- tdd#: 1-800-345-2550 for the most tdd#: 1-800-345-2550 commission-free etfs, tdd#: 1-800-345-2550 you only need one source and o

. >> you see grasso imitate regis doing micron. >> well, he was right. regis, you were right. micron is up 5%, on better than expected revenues. >> quarter was great. gross margins, better than street was looking for. revenues up 24% quarter over quarter. that's a pretty solid quarter. regis, ahead of his time. >> ahead of his time, a couple years. let's talk internet stocks. soaring, will they continue their run? who will be the last one to stand out? let's bring in mark. great to see you in person. >> great to see you. >> this is relatively new position for you. so you're initiating coverage on a lot of them. what struck me, is that everything seemed to be an outperformer or sector perform which doesn't make much sense, because there's not goodbye underperformers in your sector. do you have those? >> we do. but i like to stick with the positive calls. positive calls would be google first, price line second. throw the really controversial name in there, netflix third. >> so what's the next catalyst higher for the stock? >> the sub numbers. this is at hbo levels. they get 35 m

. >> grasso? >> cog, capital oil and gas. some of the best gas exposure and assets in the u.s. >> karen? >> the mid kaput spreads to hedge portfolio. >> happy 14th birthday, tim adam my. >> happy birthday, amy lee. my sister. i'm melissa lee, thank you for watching. "mad money" starts right now. >>> i'm jim cramer, welcome to my world. >> you need to gelt in the game. >> stearns is going to go out of business and he's nuts, they're nuts, they know nothing. >> i always like to say there is a bull market somewhere. >> "mad money," you can't afford to miss it. hey, i'm cramer. welcome to "mad money" to cramerica. other people want to make friends, i'm trying to save you a little money. my job, not just to entertain but to educate. call 1-800-743-cnbc. after the tenth straight up day in the market, seemingly endless winning streak, the day where the dow gained 84 points, s & p, .6%, nasdaq, .43%. we need to take about something that a lot of people are taking issue, the fed's role in the stock market rally. we are going to make i

. >> grasso? >> i'd like to finish off where i started, micron, there's been price targets on this upwards of $13. stay on the micron train. >>> and who won the street fight, i wonder? according to twitter, i think it was tim. it was tim. it was tim. see you tomorrow, back here again at 5:00. meantime, stay right there. right now stay right there. "mad money," jim cramer starts right now. "mad money," jim cramer starts right now. >>> i'm jim cramer and welcome to my world. you need to get in the game. firms are going to go out of business, and he is nuts! they're nuts! they know nothing. i always like to say there is a bull market somewhere. "mad money," you can't afford to miss it. hey, i'm cramer. welcome to "mad money." welcome to cramerica. other people want to make friends. i'm just trying to make you money. my job is not just to entertain you but to try to coach you. so call me at 1-800-743-cnbc. somewhere along the line, the psychology shifted. somewhere along the line, it stopped feeling g

. >> let's bring in our friend, steve grasso from stewart franco, who apparently got lost on his way to the "fast money" set. >> i was here the whole time. >> have you? >> i have to tell you, i'm enjoying the conversation. >> and what do you think? >> i think it's going to be impactful, once bernanke takes his foot off the gas. when he does, you're going to lose all sorts of traction on this market place. people are waiting for that to hit the exits. that's point-blank and everyone knows that. >> so you're on santelli's team on that one? >> you have to be. everyone has gone out there. it's going to be a is show-me marketplace when you see these earnings come in without the fed's backstop. and i don't think it's going to perform well. >> steve, real quick, in terms of the end of day here, what are you expecting the flow to look like, given the fact that we've had this record run and we are looking at this record high in jeopardy with this decline today. what kind of end day you looking at? >> we're going to see a lot of volume, but usually it's offsetting volume. i don't expect us to

this, one prominent one, that was prominent board member of the new york stock exchange during the grassoarry fincke. he runs largest money management firm blackrock. if anyone wants cheap trading, electronic trading wants to run a money management firm. doesn't want to go through the alleged specialist and human beings which are allegedly slower and leave you guys skimming a fraction of a penny here and there matching buyers and sellers of stock. larry fink was an advocate of the new york stock exchange because he worried more about goldman operating a dark pool and matching buyers and sellers themselves and not knowing what is going on than he did about the new york stock exchange. dennis: they have the new york city prices to compare. not will pay 30% more than the published price apple is trading at. >> what if you're paying more over here and less over here? no one knows the problem. lori: that is the problem. >> that is the problem. listen remember why they set up, this is reflective of rule nms. why did they do that? to have competing exchanges, competition creating the best market