we had similar activity in halliburton, scott saw halliburton and schlumberger seeing the unusual activityed it, joined in, and added to a position in schlumberger. i didn't have a position in halliburton, but i put that on as well. >>> we'll take a break and do final trades next. >>> there's your market picture right now. we fizzled a bit from where we came in about 53 minutes ago when we started the show da dow has gone negative. s&p is headed there too. the nasdaq is not up as much as it was before. holding on to a gain of 26 joe, doesn't seem to be a lot of conviction on either side. >> no, there's not listen, the bond market is closed here domestically in the u.s. yields in europe pushed higher so you could expect bond yields higher in the u.s. tomorrow. scott, we have to hear about earnings today is an interesting day because you have oil futures up over 2%. i don't think you're getting that return from energy equities i see the xle is only up 25 basis points, a little underperformance there as the week unfolds, we're going to learn more about the oil and earnings story >> it is kind

oih, 33% of which it halliburton and schlumberger, which i think report on the 19th and 22nd. i think this energy trade is far from over. >> karen, what do you major of this divergence? >> it's interesting to me. i don't have a ton of energy exposure i do have the oih. when i was looking at the oih, i think the prior high was 240 or something. oil itself was a lot lower i can't fully explain it i don't know if we have the chart of the forward curve, and if we see it over the last month and six months ago, we could see that really we're in a backwardation. tim always points out that the curve can be wrong, but it's interesting to me. that tells me at the commodity is more likely to come in, a much bigger run that is the equities instead of hanging on to my oih, a big portion, and then a bunch of various others, but what we didn't see today, the bond market was closed. i would be interested to see if rates tomorrow are moving up or down with this move in energy. >> yeah, it's frustrating to type in ten-year treasury and not get a price on it. tim, is the chart wrong, in your vie

. >> all right we'll see. 47.50 is where it sits stephanie link >> halliburton it was an inline quartergth, pricing pour and i think they're going to increase their buy back. >> halliburton shares up in a nice market. dr. j. >> tilray, the end of october, 29th of october expiration 1050 calls, trading about 13,000 contracts. that's a lot more than normal. i joined the party and hopefully takes us a lot higher. >> farmer jim, you got the last 20 seconds all to you, my friend >> thank you, my brother industrials have a strong bid and within industrials defense and aerospace. look at a company like raytheon or northrup grumer, but raytheon a new 52 week high the bid is there because no budget cuts coming and china is sabre rattling good time for defense. >> good stuff. thanks for watching today. "the exchange" starts now. ♪ >>> thank you very much, scott hi, everybody. i'm kelly evans. here is what is ahead on "the exchange." sell-off what sell-off? stocks are once again nearing all-time highs, the dow and s&p within 1% of their records big fund managers are now the most bearish they've be

i'll give you occidental >> guy >> halliburton >> thanks for watching halliburton. >> thanks for watchingy" with jim cramer starts right now >>> my mission is simple, to make you mope. money. i'm here to level the playing field for all the investors. there's always a bull market somewhere. "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 money. my job isn't just to entertain you but to teach you so call me or tweet me. remember friday when we were all excited about merck's covid drug this market has

i'll give you occidental >> guy >> halliburton >> thanks for watching halliburton. >> thanks for watching "fast." "mad money" with jim cramer starts right now >>> my mission is simple, to make you mope. money. i'm here to level the playing field for all the investors. there's always a bull market somewhere. "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 money. my job isn't just to entertain you but to teach you so call me or tweet me. remember friday when we were all excited about merck's covid drug this market has a memory of a monarch butterfly. i was too generous this market is like a lantern fly. it eats your money they sense your duty and their duty is to kill it that's how i felt today with the dow losing 324 points has me seeking 1.3 but the nasdaq coming in 2.14% where all the damage was here's a point worth remembering though as we go lower, the easier it is to go bargain hunting. so what made this important? first it's been so easy to make money in stocks for so long that lots of

i'll be looking at alphabet and amazon, but i will have my hands full >> tomorrow, jnj, proctor, halliburton. that's just tomorrow before the week getting even busier big week for the half as they celebrate ten years. let's get to the judge >>> welcome to the halftime report front and center this hour, the huge weeks for stock and whether one top market watcher is about to capitulation on his call. we'll debate with our investment company. joining me today, shannon, steve, pete, cofounder of marketrebellion.com. we are also marking the halftime report at ten and all this week, we'll be joined by some of the biggest investors in the world including carl icon and jim chanos today china growth was disappointing industrial production was down oil's the highest in seven years. that's your picture now because the s&p highest since september 16th so, pete, i turn to you first. should we focus on the vulnerability of stocks or the resiliency of stocks >> oh, that's easy i'd say the resiliency we've been watching this for a long time, scott, and we've watched how the markets are always looking ahead

at&t, halliburton, exxonmobil but i'm thinking of southwest and american airlines. to thrive they need the mandates so people feel safe getting in the plane. 7-eleven, they need it. i wonder if at some point the business commuity pushes back and say you can't do this to us. >> that woke corporation halliburton. >> so woke. >> look, i mean, look at this, i want to go a step lower than that. think if you're in a nursing home and you're in texas and you have elderly people that have co-morbidities and other reasons they could have breakthrough cases, you -- i think everyone who has their mom or aunt or uncle or grandparent in a nursing home would want that place to have a vaccine mandate. right? who wouldn't want that? in texas, greg abbott is banning nursing homes from being able to have a vaccine mandate so you could have an unvaccinated nurse coming in and there is nothing you can do it. it absolute madness and if you think about how ridiculous and one very small thing. if kyrie wants to be a voice, if these guys that want to be a voice for the voiceless want to qui

related to what he is speaking to, and i apologize if it doesn't, but i know about 11 years ago, halliburtonas investigated by 60 minutes, they were doing a story on them because they had a shell company in the cayman islands and it was occupied by no one. it might've been money laundering. and i know that they get all the military contracts and so forth, so i would like for you to speak to that. guest: such a great question. you are probably more up to speed on that case than i am, but there are a number of cases like that of military contracting that we do not know ultimately where all the money goes to, and unfortunately the latest and very important case, an example of that, is in afghanistan, where our top source or top destination of aid is in the world. and a lot of that money ended up in corruption. and sewing resentment against america. that is what produces a military that will not be so inclined to fight for their corrupt leaders. an echo of that same situation could potentially be in jordan, where one of the biggest regulations in the "pandora papers", the king of jordan spend mo

or halliburton finally, the pipeline places, you can't ignore them. higher yielding oil and gas utilities that typically return lots of cash, that are growing like crazy i like enterprise product partners, or williams companies. i can't believe i said i'd never recommend them again, but there's only a few left. i have to point them out i can't just say i've written them off i had to broaden the list because i think higher prices are probably here to stay, because no one is really pumping a lot more oil the stocks will all work well over time. you're looking at the list, if you had three down days, you would be nuts not to buy three of these stocks. you also have the stocks that do better when interest rates rise, due to strong demand the financials, we have some real standouts bank of america, good numbers last week. they're going to make a killing. and then the investment banks, goldman sachs, morgan stanley, and do not forget one that i think was taking some heat lately with people downgrading it and that's wells fargo they're the wild card turnarou

look at the way some of these oil names traded halliburton and schlumberger which were down early closed up. >> but exxon won't give you some of the same leverage as the other ones, steve. into it is not, but almost like the kinder trade, the stability that you are looking for when you are playing this emts or refiners, who's leveraged or not leveraged. at the end of the day i think we have an administration that wants to limit supply of fossil fuels. that means only one thing to me. higher prices. i think the entire space and sector can move higher >> tony, thank you tune in friday for the entire options actionshow >>> up nt,ex you can still vote. kinder morgan is the name. head on over to the twitter poll we have results and your final trades up next at vanguard, you're more than just an investor, you're an owner with access to financial advice, tools and a personalized plan that helps you build a future for those you love. vanguard. become an owner. ♪ earl: - hey barista: - good morning, earl! narrator: - since our beginning, barista: - there he is! narrator: - we've looked to inspire

halliburton beat top and bottom line estimates, but that stock is down just a bit.he ceo saying the company is well poised to benefit from the energy crisis. investors not seeing that today. finally, bny mellon beat, but the stock is also lower. let's take one look at the stock that the last time i looked, was up nicely. johnson & johnson up 2.2% after they put up a very good quarter relative to earnings. he missed sales a little bit, but adjusted earnings very strong. the vaccine forecast held the same, but they did raise the full year profit view, so it seems as though johnson & johnson, based on what i last saw, this affect it by supply chain issues affecting some other companies out there. guy: the pharma division absolutely knocking it out of the park. we are going to talk a little bit later to the cfo. i am really looking forward to this conversation. such a lot going on with this business, both in terms of its medical devices division, plus the pharma division. joseph wolk is going to be joining us, the cfo. very much looking forward to that conversation. let

they are investing around the move higher -- stocks moving higher, simon property, home depot, halliburton, and state restet a new wireless plan for my business, but all my employees need something different. oh, we can help with that. okay, imagine this... your mover, rob, he's on the scene and needs a plan with a mobile hotspot. we cut to downtown, your sales rep lisa has to send some files, asap! so basically i can pick the right plan for each employee... yeah i should've just led with that... with at&t business... you can pick the best plan for each employee and only pay for the features they need. >>> welcome back cable companies arespending more to gain new subscribers it is taking a toll on returns many are down 6% to 7% including comcast, our parent company. are these companies in a race to the bottom let's bring in two guests. both have negative outlooks and recently downgraded the sector, each for their own reason. steven, what's yours welcome? >> thanks for having me. our reasons were fairly simple i think cable has grown broadband subscribers the last many years almost unfetter

portion of the commodities market, so you can buy a basket of securities, than exxon and chevron at halliburtonse names, and yet we still have the direct exposure if you want to buy oil futures or gold. so both exist because they have different return patterns and different profiles and are built for different investment purposes within a portfolio. so fast forward 10 years, these products will be as relevant as they are today, even as more efficient ways to access the physical currency continues to build. sonali: why did you guys decide to put 15% of the holdings in one of these etf's in the grayscale bitcoin trust? we know grayscale wants to convert into an etf at some point as well. is there any conflict for you there? john: both solutions have a 15% investment that is directly invested in bitcoin, and we think to participate in this ecosystem, you need direct exposure in some capacity, and you need all of the companies building the infrastructure around this. if you are really getting a true play on this space, we think there they need to have some exposure to the physical currency as well,

absolutely exploding yesterday we had slumber jay and halliburton, people that pull it out of the ground is on energy and people that can get it quick. >> so you are seeing some activity there in the options, in the equities of slb and hal because again we always tell people know what you own when you look at etfs they're basically 40%, slb and hal. a couple big companies and the rest are laid up you're seeing more activity in the individual names as well >> yeah. absolutely talked about it yesterday on the halftime report. the slumber jay call activity and both of them have made some pretty nice moves over the last few weeks, brian i think there's a lot more to come there a lot of the discipline from the shale fields i think starts to --some of that discipline probably fades a little bit as we get closer and closer to 90 and pushing perhaps through to 100. i don't know if we can get much higher than that, but i think that turns the spigot on, pardon the pun, if we get over 90, towards 100, i think everybody is going to open them wide open. >> yeah. and also demand is structured. maybe h

, they don't want to be there, it's a small part of the market but you look at range resources, halliburton, all these stocks are reversing multi-year down trends looking to find alpha, that's the place to be. >> that is interesting of course, energy had been beaten down for so long but found legs as the price of the underlying commodity, wti is moving higher and is just around $83 a barrel i understand that you have some other sort of technical opportunities that you've identified can you share some of those with us for the viewers >> absolutely. just this week we upgraded the technology sector from neutral to overweight. downgraded the consumer cyclical sector botd tom line we're seeing a pickup in relative outperformance of technology versus the cyclical sector some of the stocks we called out to be positive we've owned things like apple on the large cap side of things we looked at fort net at another play on the cyber security part of the world also crm is another positive constructive looking stock and we mentioned energy. we did upgrade that as i mentioned a moment ago from neutral to

amazon, chevron, avis, halliburton, you know, sales force, nike, over some of the years, they paid zero in taxes, so 21% is kind of quaint, is it not? i mean, it's very hard, and you also have people like kyrsten sinema who says don't tax corporations, they're the ones that the create jobs. i know you do too, so what is the answer? >> well, i think look, so how are you going to enforce this , give me an example. first of all you talk about i'm mostly in real estate so first of all how do you define income because as to a real estate person like me, who when i saw my properties i can take advantage of the 1031 tax re exchange law and defer my gains, i have depreciation which is a non-cash loss against my income, so i don't make $100 million in a year, so i'm not going to qualify for that income they are going to use and so i don't even know how it's going to work and the other problem is think about this. you go to someone like elon musk , say elon, here is what we'll do. first of all the reason people have all this wealth now is because we've had an irresponsible fed that's just gone co

i'll be looking at alphabet and amazon, but i will have my hands full >> tomorrow, jnj, proctor, halliburtonek getting even busier big week for the half as they celebrate ten years. let's get to the judge >>> welcome to the halftime report front and center this hour, the huge weeks for stock and whether one top market watcher is about to capitulation on his call. we'll debate with our investment company. joining me today, shannon, steve, pete, cofounder of marketrebellion.com. we are also marking the halftime report at ten and all this week, we'll be joined by some of the biggest investors in the world including carl icon and ji

hunt, wells releasing earnings yesterday, halliburton, and goldman, the star of the earnings stage todayig banks there are sub sectors in the group that are countdown closer says are disrupting technology even further. joining us now, chairman and cio christopher zuke. christopher, let's talk about this i-buying phenomenon which has really taken off during the pandemic where people have bought houses, sight unseen, simply off a website. these disruptive names are the ones you like zillow and open door. what about them? >> so always great to see you liz but the key is the disruptive technology. the world is expensive, everything is expensive so if you're going to invest with an eye to the future you have to find things truly disrupting in industry or a sector. when you're investing in technology so we feel like right now, you have to be investing in those to where even if they're a little bit expensive, the growth is going to far overcome that valuation concern. zillow, not so much. we're a little more concerned about that but open door is a name that we have a lot of familiarity with, we

. >>> here is a look at the top stocks in the top sector which is energy, apa, halliburton, occidentalall jumping between 14 and 23%, benefitting from crude's 10% rally this month >>> still ahead, construction, crypto, cooking and cruises. the ceo of meritage homes joins us to discuss it plus, bobby play is cooking up a surprising new business venture. we will talk to him about that >>> the ceo of royal caribbean is here fresh off earnings to talk the future of the industry and their new 274-day cruise a lot more coming up right oof this >>> this is "the exchange" on cnbc as i observe investors balance risk and reward, i see one element securing portfolios, time after time. gold. your strategic advantage. [uplifting music playing] ♪ i had a dream that someday ♪ ♪ i would just fly, fly away ♪ ♪ >>> welcome back, everybody. the housing market continues its wild run as yields soften again and demand for homes remains sky hugh that helped meritage homes, the stock up 30% on the year, taking a profit on a little less than 1% the question is whether the housing market is showing signs of los

. ♪ halliburton, schlumberger and vf ♪ ♪ ♪ hey google. ♪ ♪ ♪ ♪ ♪ ♪ - [narrator] introducing the grubhub you the lowest price, or you'll get $5 off your next order. as i observe investors balance risk and reward, i see one element securing portfolios, time after time. gold. your strategic advantage. >>> no time to die bringing in $56 million in its domestic box office debut this weekend. that was at least slightly below in fact analyst projections for the movie. $13 million coming from imax screens. joining us is rich good morning are we back to pre-pandemic levels >> we sure are, david. i mean, if you look at imax's september, we did $55 million in box office, which was more than '18 or '19. when you look at october it's only a couple weeks in, but i would be surprised if we didn't beat our october for '18 and '19. we're completely back. for bond our domestic indexing was 13%, which was the best blockbuster release since 2018 it sure looks to me like we're there. >> is it bond related or is it more reflective of just the ability and interest of people going back to movie theaters at thi

side for oil we are not quite where we were yesterday, however, in the pre-market trade, hess, ha halliburtonevron. then we end the yesterday's full session cnbc.com southwest airlines cracks the top ten for obvious reasons there, a lot of stories about their cancellations. sofi technologies was a big mover into the top ten down three-quarters of 1% acon, it was a spac, it's now called ess technologies, that company was a spac i guess deal that went yesterday, it was a big battery company, bill gates among their investors there. so watch those shows 21% today, crude oil is in the top ten as well, bitcoin prices, by the way, bitcoin, beck yip the only crypto currency that cracked the top 50 ticker searches in yesterday's session. over to you. >> that is unusual dom, thank you >>> in the meantime, we heard of surging prices as the global supply chain struggles to break out of a pandemic-driven slump but those shipping prices may not be sustainable and we could be seeing the first evidence of that now, frank collins joins with us more on that please tell us there is light at the end of the tunne

halliburton, merck, dupont and tesla. stuart: tesla's on there too. >> value plays. stuart: yep. dollar tree, it's no longer a buck, a dollar store, it's $1.25. stuart: the big board now shows a gain of 30 points in the early going. the 10-year treasury, is it still just below 1.50? yes, it is. 1.495. bitcoin, last time we checked it was 47,000, thousandst 48,000 -- 47,000. and price of oil, $77 a barrel. the opec meeting starts today. they may decide to pump some more oil, we'll see. nat gas, whoa, here we go, up 6%, that means it's way back, very close to $6 per million british thermal units. >> look at you. that's inflation story, by the way, heading into the winter. stuart: absolutely. and, by the way, $6 here is $25 in europe. >> wow. stuart: can you imagine that? >> wow. is that because of pounds? stuart: yeah. that's an adjustment. that's in dollars $25. "saturday night live" is back with a new joe biden. roll it. >> how's everybody's summersome mine was bad. [laughter] definitely not afghanistan good. on the bright side, i went the entire summer without falling down the s

related to what he is speaking to, and i apologize if it doesn't, but i know about 11 years ago, halliburtontigated by 60 minutes, they were doing a story on them because they had a shell company in the cayman islands and it was occupied by no one. it might've been money laundering. and i know that they get all the military contracts and so forth, so i would like for you to speak to that. guest: such a great question. you are probably more up to speed on that case than i am, but there are a number of cases like that of military contracting that we do not know ultimately where all the money goes to, and unfortunately the latest and very important case, an example of that, is in afghanistan, where our top source or top destination of aid is in the world. and a lot of that money ended up in corruption. and sewing resentment against america. that is what produces a military that will not be so inclined to fight for their corrupt leaders. an echo of that same situation could potentially be in jordan, where one of the biggest regulations in the "pandora papers", the king of jordan spend more than