and haliburton. that could mean a crude price might be bottoming, maybe this year. today we hear from core labs known as the scientists of the oil patch because they use the technology to analyst rock and fluids in oil reservoirs so clients can find the best ways to drill. even though the stock has fallen nearly 60% from the high two years ago the company has remained profitable. core labs reported today a company delivered in line earn ings higher revenues and declined year over year. it is in the oil business. manage's guidance for the next quarter came in below what analysts aring looking for but it shrunk to share to a low and is doing better than new mexico every other company i follow in this area. let's go to david demshur, the ceo of core labs. welcome back to "mad money." >> hey, jim, thanks for having us back on "mad money." >> when i read through the things you are doing i realize that the reason why drilling budgets have been able to produce far more oil than they used to is they have hired you to find out where the sweet spots are and you are the optimi

you stay away from haliburton, schlumberger and if you want to trade, maybe haliburton against the $30el that we flagged a number of times, otherwise stay out of the space. >> coming up, the traders will tell you the four names you need to watch that could surprise the street. that is right after the break. >>> plus the consumer could be in trouble, according to one trader. we'll tell you why some of the biggest names to take a huge hit. much more "fast money" still ahead. >>> welcome back to "fast money." where we've been listening in on the alcoa fourth quarter conference call. the ceo saying in large part thanks to acquisition and continued growth in aerospace business. suggesting that aluminum prices which hurt the upstream business last year are unlikely to be repeated in 2016. but alcoa is expecting continued strength and demand. >> we are also projecting robust aluminum demand growth for this year of 6%. and we are believing that illuminum deficits are going to happen in this year. >> now as it looks ahead to splitting the business into two in the second half of the year, one fo

haliburton posted a loss. it was hurt by a steep decline in its north american business. revenue was cut by 50%. shares were off 3%. the drop in oil is having ripple effects throughout the economy. business activity tied to oil and commodities is one of biggest pressure points. the manufacturer sector is feeling the pain. we look at the damage and whether it might get worse. >> more signs depressed oil prices are taking a toll on manufacturing. the dow federal reserve saying business activity in texas has tumbled to the lowest level since the recession of 2009. the data speaks for itself and reflects the major recession the energy match is in and the ripple effect on other industries. it's the latest sign they aren't the only ones feeling the adverse effect of the crude collapse. it has joseph concerned. >> investors need to be worried about the manufacturing sector because even though it's a small piece of the overall economy, it tends to be a very leading indicator of what happens. >> with the economy growing at 2%, the risk of broader recession is much higher than in e

we could be out of the woods when it comes to a decline to the teens judging by comments from haliburton and schlumberger. we could see a cut back in supply. what do the saudis hing? i will ask the ceo of core labs about the rapid recovery. let's see whether he sticks by that. i think we'll see the mid 20s level again. a little bit above 30 before a we wanted to see geez political tensions die down down. remember i came out with the list when it seemed north korea just detonated an h-bomb. you know what? this box, all right. i feel better about that one. i don't want to get out a pen and mess it up. i'll get yelled at. but i will check it out. i'll do it in pencil and erase it if it comes back. seven, i wanted zombie companies to be euthanized and reorganized. now with the stressed-out list of stocks, it's funny. all the companies on the list get new life support from a temporary lift in fortunes. how about the chinese zombie companies? those state owned enterprises are a buzz kill. so are valet and petrobras. life. the zombies live. eighth item, i was cope ing the super strong dollar wo