grasso?is stock and general motors are running neck and neck in 2013. general motors cleared its headwinds and ran away with it. ford, now, great balance sheet. always improving their products for the consumer. this is the place you want to be. ford versus gm, i'd be a buyer of ford. >>> as digital movie sales soar, what could it mean for the filmmaking companies? we'll go to the vice chairman of lionsgate. >>> and a slew of downgrades hitting the street today. are they clown grades or downgrades? the man who coined the term, josh brown, will weigh in. that's next. [ male announcer ] the new new york is open. open to innovation. open to ambition. open to bold ideas. that's why new york has a new plan -- dozens of tax free zones all across the state. move here, expand here, or start a new business here and pay no taxes for ten years... we're new york. if there's something that creates more jobs, and grows more businesses... we're open to it. start a tax-free business at startup-ny.com. how did

grasso?> people are so used to buying starbucks on any and all dips, this could be a mistake here. check the 200-day moving average. it's lower than that. i think this tells you about the consumer right now, that people are pulling back, even though starbucks has been a favorite. they've had wind at their back with coffee prices and everything else. i think those days are numbers. wait for it to come in a bit more. >> a drop for verizon. down 1%. >> verizon reported fourth-quarter eps. they evened on a penny. they are down at the wireless business, has improved. but one thing they said on the call is these guys are looking at a much more competitive landscape. i think that has people worried. one of the reasons for the sell-off. about to get the approval on the vodafone deal. that's great for these guys. >> the pop 1%, guy? >> raytheon defense. they report on january 30th. they're going to surprise people to the upside. i like the rental space here. >> general motors, a drop of 1%, karen. >>

been down a lot. >> grasso?oleum. >> what is your wrestling name. >> honey bomb shell. >>> that does it for us. see you next monday at 5:00. s biggest questions. like, if you could save hundreds on car insurance by making one simple call, why wouldn't you make that call? see, the only thing i can think of is that you can't get any... bars. ah, that's better. it's a beautiful view. i wonder if i can see mt. rushmore from here. geico. fifteen minutes could save you fifteen percent or more on car insurance. ♪ >>> this is "options action." tonight, just buy it. we'll try the sell-off in retailers could spell pain for nike. >>> pizza, pizza. why are so many fast-food companies fighting other money. >>> and telephone trouble. >> no! >> despite the smartphone revolution, we'll tell you why it might be time to hang up on telecom

steve grasso. city down 5% year to date.is bank of america, up 7% year to date. >> such context, grasso. good job. dan nathan. >> yeah, i'm with that guy guy. does he have big profits like google? i think you take it before the number. >> j.b. >> dow chemical. today's move is the beginning of something more. i think it continues to raise higher. >> guy adami. >> i've been one of the few people in the camp. i think rates are continue gog lower. i'll continue with that. it looks like tlt is breaking out here. i'm going to stick with tlt. >> i'm melissa lee. ing theirs so much for watching. see you again tomorrow at 5:00 with fast. meantime, don't go anywhere. jim kramer with "mad money" starts right now. >>> 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 friends, i'm just trying to save you a l

grasso? >> i've been in and out of this name before. it needs to hold right here.rage is 157. kudos to elon musk. he's managed this perfectly. wait to see if it holds the 157. >> a pop for rosemary's baby. robotic baby. it growls, shrieks and spits up like the exorcist. it's part of a publicity new campaign for a new horror film. >> got to get out to see that. >> i would love to see that through times square. >> traders see more opportunity in the space. mike is at the smart board. >> we saw four-times the average volume in mosaic. about 1 1/2 time in lion bell. it was an institutional player. what it looked like they were doing was rolling one of their covered rites. they were buying the 62 1/2 calls that expire in january. those expire this week. that was covering the short. and go ahead and selling the 65s out in february. so, basically, what they're doing here is trying to collect a little bit of income. they sold those for about 80 cents. may not seem like a lot when you're dealing with a $60 stock. but you're correcting about 1.2% of the current stock price o

steve grasso on the key levels to watching today's trade. and morgan stanley's vince reinhardt on the fed follow. we begin with the biggest movers on the biggest day for earnings so far. pete, you nailed it. facebook and under armour. >> you know, we talked yesterday about facebook and the fact it had done absolutely nothing when you look over the last monday or so. basically it had been up 1 1/2% maybe. trading around $55 a share. they absolutely slaultherred these numbers. exactly what murph and a lot of the guys who had been pounding the table on this name or a long time were looking for. they did it, through execution. under armour signaled they were going to and then they actually delivered. it was february notal, scott that the folks actually -- that's why it's a stock picker's market. you're looking for the right stocks to be in at the right time. under armour continues to go up for the upside. >> your brother, jon. which reports matter tonight? amazon, google, chipotle. >> the first two. chipotle not as much. no offense, love them, l

. >> grasso. >> s.o. again the final trade. >> we've had a little mascot rivalry here. we've got miles of the broncos, blitz of the seahawks. they're both here at the nasdaq market site and they have also got their final trade. so, miles, what is yours? >> bud "light." >> all right. blitz? >> hello, pete. what's that. >> lob -- oh. loblaw. lesion of boo. >> the crisis is upon us. thanks for watching fast. see you back on monday for machine "fast money." meantime doing go anywhere. "options action" starts right after this break. >> lob -- oh. honestly, i'm a little old fashioned. i love chalk and erasers. but change is coming. all my students have the brand new surface. it has the new windows and comes with office, has a real keyboard, so they can do real work. they can use bing smartsearch to find anything in the world... or last night's assignment. and the battery lasts and lasts, so after school they can skype, play games, and my favorite...do homework. change is looking pretty good after all. ♪ change is looking pretty good after all. hi, are we still on for tomorrow

this includes john mccain and john grasso who were also there.ding skepticism about the largely secret deals in the peace agreement. >> support a legitimate peace process. we are also very concerned about some aspects are presented to us about the agreement as to whether or not they are truly enforceable where does not put the state of israel in jeopardy. lou: blasting the palestinian counterpart, accusing him have embracing them as heroes. and violence surging over the past year and launched a series of attacks and joining us now is a political analyst former clinton adviserougschon. pulitzer prize winner and fox news contributor michael goodwin. and i have to sayhat as i am watching senator mccain, thinking of senator graham being there to help along secretary john kerry's position is somewhat ambiguous. it doesn't get much more more difficult to take than that. >> first he is burdened -- that is not clear in terms of allowing enrichment. in this includes that sanctions and the peace process that is very murky or israel has been attacked now fo

[laughter] did grasso. starbucks, if something doesn't scare you, maybe ronald well.he business splits. mcdonald's is getting ready to brew male announcer ] e new new york is open. open to innovation. open to ambition. open to boldids. that's why n york has a new plan -- dozens of tax free zones all across the state. move here, expand here, or start a new business here and pay no taxes for ten years... we're new york. if the's something that creates more jobs, and ows more businesses... we're open to it. start a tax-free business at startup-ny.com. there's nothing like being your own boss! and my customers are really liking your flat rate shipping. fedexne rate. really makes my life easier. maybe a promotion is in order. good news i got a new title. and a a raise? management couldn't make that happen. [ male announcer ] introducing fedex one rate. simple, flat rate shipping with the reliability of fedex. ♪ neil: if you had your choice between paying clos to five bucks for a cup of coffee in worth about a buck, which would be for you? well, mcdonald's those narrows and

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here is an ad on the air number grasso -- in nebraska. ♪ >> that's it.o cureto ensure -- everything in washington. to move the capital to nebraska. we have to choose, the most conservative voice to send washington. host: why is he getting so much attention? he's not even the nominee. guest: whoever wins the nomination is going to be a pickup for the gop. he has gotten -- guest: he is good looking. guest: he has gotten the support of the tea party national groups, and is building a consensus among the traditional republicans. if he wins this thing, that may be the model that other republicans look for. probably some of the democrats with a good turn it upside down, to look forward to bring some sort of cohesion to it otherwise splintered party. i think he could be the nominee, and the senator. guest: i want to go back to wanting the caller said about christie. he would not be happy to be called a moderate. he has tried to push back against that, because things seem -- being portrayed as a in terms ofa death winning the presidential primary. white house of

i want to bring in "fast money" steve grasso just off the floor.ttle it looks like 318 points off the dow. what do you make of it 1234. >> in the middle of the day when we had that touch or that break of the 50-day moving average, to touch on something mary ann spoke about, the last time we touched the 50-day and broked 50-day ever so slightly was december 18th and that was when we first heard -- i should say that was when we first experienced taper, right? so now if you think about it as a point of reference, we closed much higher on that day. today totally different set of circumstances. that's why i think we have to go down and touch that 100 day which is what mary ab saidey ann said there's some support. 1762 in the cash. she referenced the futures but the cash is where we need to go down. i would have liked to see the market close rallying back with guys wanting to cover maybe their shorts -- >> explain that if you could. art cashin talked about this too. the fact if you don't necessarily want to be into a weekend exposed to what could be happ

want to bring in "fast money's" steve grasso into the conversation.ve, commenting on qualcomm tech or the market more broadly, until about five minutes ago it was all about the fed. >> a couple things going on. you saw the s&p tested that level we breached the other day. it was 1772 in the cash. everyone has been trying to guess, second guess taper. i mentioned it the last time is on the show. december 18th was the first time we saw taper, and we were right back to those levels intraday with 1767 on the cash. other than that, people have been playing for this one off event, kelly, and the market should move sideways to higher here. we got exactly what we were expecting. >> and what does the action say to you? >> it says to me everyone is still locking in their gains from last year. no one wants to look a gift horse in the mouth. as far as qualcomm, we were dressed down on apple and samsung. people sold that first, asked questions later. that got pulled into the ramp up of selling going into taper. i'm personally long qualcomm. there's so much more wea

steve grasso of stewart frankel is standing right next to you.o bring him into the conversation as well. steve, you've been listening to bob. and the guys here on the desk discuss what's going on on the street. what's driving this and how long is this going to last? how deep does it go? >> everyone, i heard you before when you asked bob, every sell your han greeted with buy side. today was the first time when they started to get portfolio managers asking me where the support levels were in the s&p. and the cash there are 1821, soft there and then firm supported 1815 which is the low from january 13th. everyone's eyeballing that. it's not panic but i see a sense of urgency on the sell side. >> all right, steve, thanks so much. bob, thanks so you as well. we'll continue to watch this unfold throughout the day and see how this ends up. again, the dow is having its worse day since august the 15th. so it's been some time since we've seen a sell-off of this magnitude. one comment? >> we were up 32% including dividends last year. down 1%, 1 1/2% to star

. >> steve grasso, what's the buzz at the new york stock exchange?o put three down days in a row on the board. >> everyone is waiting for this massive sell-off. i don't think it's going to happen. earnings will provide the floor for the stock market. i don't think -- you will continue to turn blue waiting for that sell-off. keep buying stocks. >> all right. guys, thanks. steve, talk to you soon. >>> coming up, you've got questions, we've got answers. our traders weigh in on tweets from you. stick around. we'll be right back. huh, fifteen minutes could save you fifteen percent or more on car insurance. yeah. everybody knows that. did you know there is an oldest trick in the book? what? trick number one. look-est over there. ha ha. made-est thou look. so end-eth the trick. hey.... yes.... geico. fifteen minutes could save you... well, you know. to get your best night's sleep [woman] aevery night.t's like [announcer] why not talk to someone who's sleeping on the most highly recommended bed in america? [woman] ask me about my tempur-pedic. [man] ask me h

even and landscaping.i said if grasso's that such as grass grows and he creates it has to be good. >> and i helped my family out. >>stanley: it could in fact be a fairy tale ending but it's all up to marcus. we will discuss that next. in san francisco stanley roberts, kron 4 news. >>darya: 680 is looking good roberts, kron 4 news. >>darya:safeway presentsgood real big deals of the week. or how to get great deals the easy way. you do enough flying around. that's why we give you real big club card deals. this week, honey nut cheerios are just $1.88. that's a sweet deal. brew up a great cup for less. starbucks is just $6.99. and lean cuisine entrees are just 2 dollars each. real big deals this week and every week. only at safeway. ingredients for life. we will see you back here tomorrow morning. thanks for joining us. doctor phil is next. >> announcer: on an all-new "dr. phil." >> dr. phil: you call him fat, [bleep], [bleep]ing obese, [bleep]ing lazy. >> announcer: torn apart by weight. >> dr. phil: you have an eating disorder. your mom couldn't get you out of bed for three years. >> i s

joe, i want to bring steve grasso into this conversation. >> everyone has been waiting for this pullone wants to sell this market, kelly, ahead of earnings. i think you're going to started to see us take out those old highs and it might be the obvious trade that wins once again. >> is that because so many companies have lowered the bar that everyone is expecting them to clear it and generate upward momentum throughout the season? >> everyone has been so afraid. analysts have been so afraid ever since the financial crisis of setting that bar too high. so that's become cause and effect why you see a lot of this rally. >> steve, here is a question about market psychology. everyone i talked to, my small sample poll, seems to think it's going to be a good 2014. a solid one, 10%, maybe even 20%. however, i did talk to one fellow yesterday who thinks in his group they're talking about a correction sometime in the first quarter that could be substantial. are you hearing that as well? >> well, we are all looking for that sell-off late in the year. we're all looking for it in the first quarter

grasso, karen finerman and guy adami. we'll talk to the executive editor of citron research.le new tech

. >> let's get -- if you don't mind let's bring "fast money" steve grasso into this conversation justn volume late in the session and the dow did manage to finish up 41 points now that things have shaken out. what was driving that? >> you had option expiration. it was largely to do with options and guys making sure they were covered on the equities side of business. but, you know, i don't really see a huge sell pressure on the market even on days where we get catalysts to the downside. i don't see people selling this market just yet. >> for all the worry, we're 0.6% below the historic high on december 31 -- >> i will say, mr. dean brought up a good point that we have an edge on biotechs. what about an edge on energy? what about this keystone pipeline? canada is losing their patience with us, and i do believe that mr. dean is for the keystone pipeline but i could be wrong. >> do you want to comment? >> i don't want to comment particularly but -- >> are you more simple thet toikympathetic to the keystone pipeline that you might have been in the past? >> i think it's the wrong target. if

grasso, brian kelly, karen and guy adami. their conference calls this hour, after reporting enearnings just hours ago. we'll bring you those details as we get them. we hav

here is an ad on the air number grasso -- in nebraska. ♪ >> that's it. ensure -- everything in washington. to move the capital to nebraska. we have to choose, the most conservative voice to send washington. host: why is he getting so much attention? he's not even the nominee. guest: whoever wins the nomination is going to be a pickup for the gop. he has gotten -- guest: he is good looking. guest: he has gotten the support of the tea party national groups, and is building a consensus among the traditional republicans. if he wins this thing, that may be the model that other republicans look for. probably some of the democrats with a good turn it upside down, to look forward to bring some sort of cohesion to it otherwise splintered party. i think he could be the nominee, and the senator. guest: i want to go back to wanting the caller said about christie. he would not be happy to be called a moderate. he has tried to push back against that, because things seem -- being portrayed as a in terms ofa death winning the presidential primary. white house officials

santelli, grasso, that jaand wh the big buzz words and why should you care?d see you in 20 minutes or so. >> busy hour, scott. thanks for that. meanwhile, shares of proctor and gamble. the company saying it expects to see strong earnings growth but not until the second half of this fiscal year. senior household and personal care analyst with jpmorgan chase. he has an overweight rating on p&g. john, thanks for being with us. >> start off with your general deck aways because xwekives the said it was as expected. media said mixed and analysts say better than feared. how do you handicap this quarter? >> i think that last comment about better than feared is how we look at it. the quarter definitely started off weak. we had seen weak consumer data in terms of the data we get from grocery stores, mass merchandisers, what have you. i think they had a really strong december. they talked about that on "the call." that allowed them to hit the revenue number. a little bit of tax drove the earnings upside. mixed but it could have been worse. >> he does expect etf growth t