steve grasso. >> i think it is telling in guys numbers. but financials, i i think you are -- i think you are forced to buy them. jp morgan up. and bank of america flat. and citi up 2% and e-trade up 25%. and schwab up 11%. so i think you are forced -- a lot of guys have it in their numbers already but the big boys, the mutual funds, pension funds are still basing their case on rates go higher and financials are bought. i don't think it is all in the numbers just yet. >> we talk about the equity market. the fact that the dollar surged which is a headache for profits and equities held up. >> there were things interesting about today and the oil prices held when you consider the dollar moved. finishing almost flat. maybe good news again. but you don't want to own -- gold is going down. gold and goldminers. and some of the miners in the metal space go down. i agree with steve on financials. and the yield curve didn't steepen. the short end came up and the long end one up more and that means that the net interest margins are not getting better

your traders are tim, david, karen and steve grasso. tonight on "fast," looking or sale. we have several hot stocks there that are super cheap and performing well. the names and whether you should get in. and the holiday travel season has begun and more americans are taking to the skies since 2007 but will increased security make traveling a nightmare. we'll hear from the ceo of spirit airlines. and later take a look at this. it is the top of hollywood. that is designating health care rights, coming to light in explosive new court documents as the battle for the media empire heats up. we have a special report on this intriguing new stories and why shares of viacom rallied today. but first a handful of stocks. nike, home depot and lowe's, hitting a two-week high into the make or break time for the consumer. grasso, the xrt, 50 day moving average, i know you like levels, is that good news for retailers. >> it is. it is a problem because when you look at names that are isolated that are a handful doing well. we know the names, home depot and nike. amazon. the ultimate consum

grasso? >> i'm going with c.o.p. stock. i'm going there. only because you paid to wait at this point. so now -- but here is the problem with it. this is why it is a little bit bearish on my assessment. because there is an inverse relationship to price and what the stock yields. that is a good thing. so you are paid more to wait. but you do have that capital depreciation and it is based on crude. i think crude has a bill more room -- a little more room to fall but i would be waiting versus the bond. >> and next up is seaberg, would you rather philip morris stock at 4.8 or -- >> proct or and gamble. i'm proctor and gamble. come on. would you much prefer the stock over the bond. if i'm going to buy the bond at 2.3%, i might as well buy the ten-year. in a rising rate environment, stocks underperform. but we're talking about 25 basis points it. will remain that for a period of time. the pace is what important. i would rather own the equity. >> cater pillar 4.5 or bonds at 3? >> bond. and here is the thing. i will do that every day and twice on s

. >> grasso? >> i think it is the worser of the two. i think you will see him step up. putin has no reason not to step up. we have done nothing, the world has done nothing to putin in the last couple of months, years, with the ukraine and crimea -- >> so no repercussions so he will go all out. >> i don't know if he will go all out, but he doesn't have a reason to back down. and ego drive this is man like no other leader. so the last time this happened we were around 1860 in the s&p and rallied 12%. i think the over all market goes higher. and i think guy's point, lockheed, boeing, they move higher. but the over all market goes higher as well. >> i go with bad and not worse. and i'm more concerned than you are. and the reason i say that is, i'm look at where volatility was on november 6th at 1433. and a week ago over 20. now back over the 200 day moving average. you want to protect the positions you have right now and overprotect and have the ability to buy on a dip. if the market is down 300, 400, 500 points, i think we're there. >> you do think it is potentially there.

grasso. >> i was in the name. i'm out of the name.n you see shortages of 35% in the name, it should pop on any good news. i get the enterprise and the brand name. but to me it feels like another go-pro. i give it a b. i give the up braid a b. but -- the upgrade a b. but i'm not on board because i think it is too early to evaluate the company. >> and philip morris saying that volume trends in the industry are encouraging. tim. >> i give them a b. and we know -- >> b. across the board? >> it is like a tie in hockey. like kissing your sister. it is what it feels like here. maybe better than that. but in a case where the upgrade at least identified the marlboro man still has pricing power and e-cigarettes are going well. 25% of the market. this is a brunt. i don't own this. i own reynolds andality rhea and these are the names i stay in. >> still ahead, bill ackman could hit the sell on one of his positions. we've the details. >>> and guy adami striking a pose while looking inside of the ralph lauren dressing rooms. a special report from i

. >> grasso has been mc-bullish for a while. >> i have. and i thought you should be buying this and selling yum for quite sometime. i don't know if that trade reverses but i think they have 15% to the upside. they are moving toward a 90% franchise from 81% which saves the company a hell of a lot of money. makes them more efficient. they get a more stable and predictable revenue stream. i think you could still be in the stock until it goes to 130. >> look at the tail end of the chart. how much is already in the stock here. >> a fair amount is. but we have had a massive, massive breakout. and look at how the stock traded today it. got hit with relatively negative news in the sense they are not going to do the reit and they got downgraded. so the stock traded well and held up here. you had the big gap up. it looks like it is holding. so i'm going with mc-grasso and say buy. >> how about you, gee? >> all day breakfast would be a problem for me. >> in many ways. we won't get into that. >> i get the all day breakfast. but you mentioned it at som

. >> ticket grasso. >> suzanne saunders. >> lee cooperman. >> byron wayne. >> i' m watching "wall street week." >> i watch "wall street week." >> i was the guest on the original "wall street week." >> and i am pleased to be on the brand-new one. >> i hope you are too. >> i am sure you will be, too. >> sponsored in part by hightower. an unobstructed view. >> imagine a business built on the premise of delivering straightforward financial device being the right thing -- advice being the right thing to do. rising above the discord of an industry compromise by conflicts of interest. we live by the fiduciary standard. to put our client' s interests first. not because fiduciary is the were built to do. >> i used to dread getting up and going to work. >> i was done with the grind. starving artist. >> i was looking for a business >> it helped me to create a business plan and implement it. >> they really taught me how to think big. >> help me to make unimaginable >> i' m here because of score. >> get your free business mentor at score.org. anthony: we are back with david rubenstein, cofounder and

>>er be sure to catch more of steve grasso on "fast money" at 5:00 p.m. today.y's earnings called will kick off then. walt disney's earnings are due out any moment now. we will get you the results when we cross the wire and we will speak to steve iger on a first on cnbc interview. keep it here. >>> welcome pack. kraft heinz is out with its earnings. sara eisen has the details. >> it looks like it's a little light on the revenue number and earnings per share number. i will share with you the numbers that kraft heinz just reported. $6.3 billion in terms of sales, that was a little less than analysts were expecting. in terms of the eps 44 cents a share, analysts were looking for 62 cents. it sounds like a big miss but analysts didn't knew exactly what to expect from this quarter because this is the first quarter that kraft and heinz are reporting together as a combined public company. their merger finalized in july so this is the first time they have really put their sales together and their profits together and so it was a little tricky to get a comparison. you ca

steve grasso, nvidia. >> i feel weird calling it best in breed.got a specialized chip function. it's the 3-d chips, this outperformance cannot be ignored. you look at the space and it crushes it. you stay with nvidia. it's telling you there's a lot of rosie colored skies coming forward. >> it's good. >> good skies. >> trip advisor. we saw this in july. the stock reported earnings. stock down 12% after hours. it then recovered. we are seeing another big sell-off. you don't have to buy trip tomorrow. i think if it gets to $75, which is likely to do, you buy it on a huge volume day, which we probably will see over the next two or three sessions. >> where would you go in this smorgasbord of after hours? >> nvidia has done so well. there was massive call-buying on nvidia. all day long. people see more up side. this is one in a space that has so much consolidation and stayed independent and done well on its own right. >> for me, i go back to trip advisor. >> go back. >> if we can fill that gap here, and we do get one of those capitulation days guy talks

have "closing bell" exchange for a monday to go inn this holiday shortened heat, joe heater, joe grasso and rick santelli. steve, you know, we hit some support levels is what happened here and that's what brought the market back down. we're sitting right on one on the s&p. >> it's about 20 handles lower. you look at the 200 day moving average and 50 week moving average, that's where you look for support around the 2065 level in the s&p cash. as i said, 20 handles above that. what you meant was we ran into a little bit of resistance that's what put us into a wall. we are taking our lead from the dollar, from oil, but these buy backs are large and in charge today holding the market right in line. >> what i meant was we hit some support levels and came back down, we are significant on 2085 right now which i'm going told is a support level. >> support level. the real support is 20 handles lower. there are some soft supports right here. >> okay. >> but the real support in the marketplace are your 200 day, that's what everyone looks for, that 50 week and then you have to go back to flat on ye

the difference that pete and grasso are talking about, was reflected in the market. to me it was like you could have read this statement as either dovish or hawkish, depending on your point of view. the stock market took it to say, hey, we're not going to be too tight or too loose and we rallied 250 points in the dow. but ifk you -- if you look at the bond market, you saw 10 year, 30 year yields, go lower and two and five year yields went higher. so it almost inverted -- but flattened a bit, suggested bond market saying the economy might get weaker. that is what i saw. two different markets. from my perspective, i'm more in the bond market camp. >> how do you read the ink blots. >> you will see more qe in europe. i think the fed had that. and unless something completely unforeseen happens, i think they will do something in december. i think that is what the market thinks. but pushing back, they might say here is a quarter point, come back to us in december, 2016 which is what the market wants to hear. >> back up. december 2016? >> yes. >> give us a quarter and we'll

good thing i'm here with justin and trever grasso, you guys do this every single week with a home game. >> yep. >> reporter: tell me what the game porkies, pork on the menu. >> big pulled pork contest oust of the mcgill family. >> reporter: so tell me what is exciting about today's game, justin. >> i want four quarters of consistent football, in the two, or three i want four quarters. >> i want a big day from sam bradford too. >> that might actually happen with the dolphins. they have their friend here. they are from all over the area. show us what is going on. you have eagles green every where from the chairs, to the t-shirts. >> yes, flags, we have got stickers, all kind of cool stuff. >> all kind of cool stuff. >> reporter: you guys were alerted to the increased cure but you have a game plan. is what the plan to make sure that you do not miss any part of the game. >> we have to go in earlier and it the is, what it is, you have to stay safe and it is all good. increased security. keep us all safe on the field. >> reporter: nfl also released a statement on saturday saying that there w

if you want to be in the space and credit to steve grasso, down to 98 and it has rallied great since. i can't believe they are going two lousy quarters in a row. >> surn your face to -- turn your face so people can see the ears. >> which way. >> into the camera. >> because it is very -- it is very pointy. i've not noticed it in the eight years i've known guy but it is startlingly pointy. as you are talking. any way. okay. >> still ahead -- >> i don't know what you are doing. >> tough day for chipolte as the company has an e-coli outbreak but could it mean good news for other fast food competitors. i'm melissa lee and you're watching "fast money" on cnbc, first in business worldwide. here is what else is coming up on the show. >> a bombshell has some wobdyerred if the worst is over for valeant. >> i would love to know who told you that. i hope not my ex-wife's attorney. >> no it wasn't her. but we'll tell you what has traders betting on biotech. >>> plus don't look now but apple shares are on a tear. and it is not just the iphone that has traders excited. we'll explain when "fast money

your traders are tim, david, karen and steve grasso. tonight on "fast," looking or sale.ve several hot stocks there that are super cheap and performing well. the names and whether you should get in. and the holiday travel season has begun and more americans are taking to the skies since 2007 but will increased security make traveling a nightmare. we'll hear from the ceo of spirit airlines. and later take a look at

steven grasso from stewart frankel and that's rick santelli of course in chicago. so, steve, this will be the first down week for the dow at least and i think for the s&p since going back to late september and we're really right now seeing lower commodity prices and now retail wreck that's causing a lot of this selling. is that what you're seeing? >> exactly. you know, it's a pretty symmetrical selloff here. when you look at where we were october 22ndish right about there we ran out to november 3rd to the level 2116 in the s&p cash and we ran right back down, skidded right back down in just as many days basically. everyone is selling everything at this point indiscriminately, it's about growth or lack thereof, it's about the fed raising, commodity prices signifying that there isn't any growth anywhere, signifying this isn't any inflation anywhere. there's not a lot of places to hide because the breadth has been so bad in the overall market. >> healthcare that had been leading hit the skids as of late. you talked about leaving your valeant position, biotech has been

today cnbc contributor heather hughes from sun america sundays, steve grasso is at post 9 and we have mississippi in chicago. steve, you were just regalg me, your thoughts on match group, you fit them where in the consumer staple category. >> to me it's like a pet stock, it's a pet food stock, right? you have to date when markets are bad, you have to date when markets are good. to me it's a universal thing. i think the competition is pretty good there, but we think that it's a universally loved stock pardon the pun by i love that informal poll by seema, informal. >> heather, meantime as we compare that with how square is doing, again, it priced low finally but having a decent session today. were you involved in any of these in doo other look appealing to you guys? >> no. i must say there is obviously the massive gap between public and private valuations that is becoming or has to be reconciled and we're seeing that trend play out among various different sectors within the ipo market. the technology ipos are down 60% this year from last year. so the ipo market is something we all want

steve grasso will also join us shortly off the trading floor. mike, interesting to see us bounce around during this session. it doesn't really feel like a decisive move higher at all. >> it really wasn't, although i think the muscle memory of this market is so strong to kind of buy geopolitical bad news. that was obviously in effect again this morning. obviously oil, the increase in energy stocks is the reason that we're not a little bit negative on the day. i think it wouldn't have been a dramatic day otherwise. what caught my eye was the rally in retail. if you look at the xrt, i don't know if that's the market saying, hey, these are going to be beaten down, or maybe we'll have a black friday. >> interesting you bring up retail. dollar tree, which if you think about the commentary it gave us, was an ugly picture of the consumer. they're saying they're hard pressed so they're coming to us more. meanwhile, the consumer confidence number. i know this didn't get a lot of attention, but it was quite weak. almost unusually weak. >> the consumer conf

tim, dave, steven and tim grasso. tonight on "fast," the raging bull.o, we're talking about tom lee. he came on the show and said buy. the market is up since then. where does he see stocks going next. he joins us in just a moment. >>> plus this man's word sent one company tanking and another soaring. we'll take you behind the famed short seller short call. plus how you can get in on the action right now. but first