james ramelli of kingofthemarket.com joins us now for a critical look at earnings. ng to you james. > > good morning. > > you are watching papa johns. now this stock has had a great year so far. what do you anticipate? > > right, so they're set to report their next quarterly earnings here and they have had a great year. i think that continue on this earnings announcment here. they have a really good historical track record on earnings day. the stock has rallied six out of the past eight quarters with an average move of around 6.5%. so it does move a lot and it does mean that there is opportunity there. i think that the stock can rally higher-- probably as much as $4 by november expirations so i'll be looking for a price target of around $80. we saw domino's beat on estimates and sell off, but then get a really nice bid off of lows here. so even if pzza has lower on earnings report i think it creates a great buying opportunity for me. > >is it just because we have such a great appetite for pizza that's motivating this stock higher? or is it something else technically

james ramelli joins us now for chart talk. good morning james. > >good morning. > >you are tracking a stock i like to call the other cisco--- the syy sysco and it has more to do with the food industry. what do you see that you like in the chart? > >during tuesday's trading session, we saw some unbelievably bullish, unusual option activity in syy. institutional money is coming in and getting very long this stock through the end of this year all he way out to january of 2014. what we saw them do is come in and buy 6,000 of the jan 34 strike calls and over 14 thousand of the jan 35 strike calls. now that's 20 thousand contracts all told. over ten times the average daily options volume in syy. this is very very bullish looking order flow. an order flow that i want to follow with institutional money as well. the stock is only up 8 percent this year so when we get to markets at new all time highs, that's when investors and traders come in and look for stocks that maybe haven't moved as much or have been underperforming for a final pu

joining us now from the floor of cme group...our pro traders alan knuckman and james ramelli. topic one:yellen sellin'? will a new fed chair change the bullish market momentum? alan: i think people have got it so wrong. the reason the markets have moved up is because of earnings growth. the fed, obviously they're always trying to expand the economy and make things better but you can't just flip a switch and turn it off and on. bernanke was appointed under a republican in 2006 and guess what? the economy went straight down. it's not the fed chair that drives the market. james: exactly, i don't think that the fed chair has too much to do with this market heading higher. obviously qe has been a huge boost to equity and equity prices. i don't see the market selling off...because yellen comes in and changes policies. if we get a taper it won't be until next year and it's gonna be very gradual. alan: it's gonna happen but we don't know when. someday. angie: topic two: retail lame game. target, walmart and dollar tree have all expressed concerns about consumer spending this christmas

joining us now is james ramelli of keene on the market dot com. happy monday to you and no doubt you are in this to watch for the possibility of a way to make money here, so what do you see on the comcast's side? > so, comcast has had some extremely bullish order flows on friday's trading sessions. we saw calls out trade puts almost 10 to one. that's a huge ratio and some very, very bullish indications that the market expects comcast stock to continue higher. they're involved in this deal with twc now and charter communications as well. we saw three of those stocks hit higher on friday. it should be a good thing for any of these companies if there's more consolidation in this space. i'll have an upside target in comcast for the end of this year around $52 which is a little bit more than 4% higher from its current levels here. i will be looking to play comcast to the long side at that target. is comcast a stock you like technically or fundamentally? > i like it in both a technical and fundamental sense here. you know we saw the stock having a reall

james ramelli of keene on the market dot com is checking the charts for us this morning. good morning james. > >good morning. > >let's start with twitter. twitter options opened for the first time on friday. there seemed to be a downward bias. why was that james? > >trading in twitter options on friday definitely did have a bias to the put side and there could be a couple reasons for that. one, there's gonna be a lot of people that are long this stock or have stock that they had before the ipo that are not going to be able to sell it because of lock ups. they're going to be looking for protection---short term protection, long term protection ---in twitter. so we're going to see some activity in puts. another interesting thing that we saw in twitter options on friday was that the markets were extremely competitive and very tight. now this is very good for the retail trader because they don't have to give up that much edge but it is bad for the market. so it's going to be interesting to see how those markets play out as we get some more data on twitter and as the stock conti

joining us from the floor of cme group traders alan knuckman and james ramelli are here for another round of traders unplugged! good morning we are good to go at topic number 1 1)cereal killer - kellogs and general mills are cutting jobs on soft cereal demand--what's the best way to invest in breakfast? > well for me it's the breakfast table. at my house is william sonoma. william sonoma stock came down by 15% after highs. you have to look at powdery barn, you have to look at restalm they have figured out this internet and they monetize it very well. i am looking for about a 30 percent jump in this stock and trading between 56 and 66 and looking for it to get up to 72 or so. > > i like those stocks. i think that maybe a little bit of a strech as far as the play on breakfast goes. i'm looking at dunking brands. this stock is upalmost 45% year to date. so it has ran up quite a bit, however it is just off its 52 week highs and trading with a really good looking chart. one of the best looking charts out there. it's right on support and its implying another $2 higher and by the end of the year

joining us now from the floor of cme group, alan knuckman and james ramelli. gear up guys, here we go. topic one: drop or pop-- goldman sachs predicts a 10% stock market decline in 2014. is goldman getting it right? alan: goldman actually said it could happen. i'd actually think a pullback would be welcome. mathematically the last 7 times the market sold off 20%, it has rallied and made new highs so when it does sell off you have to look at it as an opportunity until proven otherwise. james:and could wasn't even the only qualifier that they included in that statement. they said that it could sell off 10% sometime next year. they really didn't have a time frame in mind. alan: and the best part is goldman lost a billion dollars trading currencies last quarter so i guess they're not always right. angie: topic two---selective company. it's tougher to get a job at walmart than get into harvard. is walmart a stock you would buy? james: walmart is not a stock that i would buy. retail has been very tricky this year. and the discount retailers are the ones you want to