. >> i'm going to say fade this one, but a lot of things have gone right -- >> macao gaming was up and that's the last push in this one. no china recession or earnings recession there, but i do believe that it's front loaded and you have to feed it at this point and it's a lot and the numbers are ready. >> we've been talking so much and i realize you're not ter believy sold on the global recovery bottom line, i think a lot of wynn's pain has not just been macao, but the china trade and certainly the pressure the casinos and those mostly exposed to asia and i don't think the wynn is the macao story and what's going on in massachusetts they have a couple of new properties and the valuation relative to the peer group is most compelling and i'm trading this one >> yeah. i'm going with you and i'll trade it on that one, as well. i do think china is a big driver of this if that economy is going to be doing better, if they're stimulating it that's goin but t of other growth levers that are going on otherwise they had serious pr issues out there and it ap they've gotten through that and now th

/china deal, i think that will play to the upside that will play to the macao style that mike mentioned. >> thanks, brian for check, check out the website and check out the news liter and i hear it's got a couple of "game of thrones" spoilers in here so what are you waiting for? >>> here's what's coming up next - >> the most terrible place there is. >> uh-oh, where's that the chart master says winter is coming to one area of the market and there could be big trouble ahead. he'll explain. >>> plus, calling all "options action" fans reach into your pocket and grab your phone and tweet us your question @options action if it's nice we'll answer it on air when "options action" returns. ♪ >>> "options action" is sponsored by thinkorswim by td ameritrade ♪♪ ♪♪ ♪♪ xfinity watchathon week. television is back! now through april 14, enjoy free access to the best shows and movies from hbo, showtime, epix and more. what! so, you can get more into what you're into. whether it's more laughs, oops. epic escapes, or high-flying thrills, get more into what you're into. just say "watchathon" into your x1

think that's a positive but of course as brian was just alluding to this is really more a story of macao. so that's the area to focus on i like the structure and i think we should ask carter about the technicals because we were seeing the trading just below that $60 level you often get asked in options you know the stock has already done something is there a way to use options to try to take advantage of my thesis given the fact it's already moved. so we have seen the stoc move up well over 10% off of those recent sub 60 levels this is a way where you get some upside exposure if it continues to rally if it does not, it's going to fall back, you are actually get to own it where it was trading before that little bit of a breakout so i mean maybe we should ask carter what he thinks about it. >> carter? >> sure. so there are two ways to in principle play direction in the market you find the idiosyncratic long, disney, something unto itself or find group themes, energy stocks move as a group, sometimes, sometimes not. themes are as good eating as any. it's not just lvs, but wynn and mgm. the

i like wynn here. >> macao numbers are getting less worse the stock goes from 97 to 137. there is a very good chance to trades up to 150 which is a 50% retra retracement. i think it continues to grind higher >> let's switch gears and check out the semis on fire soaring to a brand-new 52-week high bob pisani is at the nyse with more on this monster move. hey, bob. >> and it's about china. the semiconductor etf just shy of a historic high and that was a year ago and the simple reason is china so the five s&p companies with the biggest exposure to china, hey, guess what? they're all semiconductors, qualcomm, micron, qorvo, broadcom, texas, 50% of it comes from china trade talks have risen and so have semiconductor prices and in fact, semiconductors are the leadership group among tech and cyclicals this year. amd is up 60%. lam research and applied materials and broadcom they're all up 20 to 40% not surprisingly, there has been a very close relationship between semiconductors and the china stock market itself. look at this chart the semiconductor etf is up 20%. shanghai is up

one hundred percent going to be out here nobody can stop me i look at myself as i am like a boss in macao no way because i can get i can get any drug telling you that's what i used to do to it's like you know you know god forbid i go to jail a lot of been the show like ten times so you know i mean is telling drugs get caught with drugs. was so i wanted the money or whatever and been a struggle china get the money in china be like maintain my so i make sure i got enough money to every mall pocket every single day so i mess with legit people to be how i am like to be in my predicament only has to mess with legit boss people in order to unite i mean people understand me because you know i mean i want to show that she will not like play i'm trying to improve on. like how much of a boss it could be. were . did. she lie. what same. street. says he have a. time when he. had a lot of family members sad. sad. sad . sad he. so. solve all the sixpenny. none of the cases yet. have family is really hurting. children was left. behind this man father. and we just. see it all thanks to all we did. that p

the company is contingent uponp the c and it's gaining license in las vegas and masshusetts and macao is paramount to a successfully ongoing operations. >> wn resorts is still hoping to open its new encore boston harbor res jt ine. the company has been cooperating with the state's investigation for the past year. by the way, the nevada gaming commission also recentlyyn reviewed resorts and it assessed a fine of $20 million and it did allow theoompany keep its casino license there. shares of wynn resorts rose 4% in today's trade. >>> delta's shares take off and that's where we begin rktonight focus. nce airline raised its quarterly earnings gui above expectations and it expects unit revenue to rise 2% in the march quarter. the carrier adds that the american express credit card will likely double by 2023. delta rose 6% to $55.33. delta's outlook rippled through the sectorifting thether airline stocks. mcdonald's has taken a nearly 10% stake in the mobile app company. the deal marks the fast food company's first-ever investment in the mobile app vendor and its second major investment in

these nine point five percent of these companies have their ownership based in china hong kong or macao or up significantly from two point five percent in two thousand and seven. the company compares that to the control of twenty nine percent controlled by either u.s. or canada right now and that is a significant decline from the forty two percent back in two thousand and seven analysts and estimate that comprehensibly china has invested three hundred eighteen billion euros into the e.u. over the past decade while the total amount is not huge relatively speaking that pace is alarming. chinese entities are already partially or wholly own at least four airports six seaports wind farms in nine countries and thirteen professional football teams the volume and nature of these investments have raised a red flag and e.u. leaders are pressing for a strategy to handle china's relentless advances into europe thus the e.u. is introducing a new mechanism for screening foreign investments to evaluate if it threatens the security or public order of more than one member state or if it undermines and e

posturing because they want to do it later but it got leaked and you know when has seen growth slow in macao so they were looking for areas of growth elsewhere this was supposed to be it now they're saying the deal's off the stock did ticket today the market did not like this news but again it's possible that we could be posturing deal's off and maybe they're just looking for better terms maybe so how about let's talk about a stock that's up you mention the market overall was down today but apple apple is doing something it has not done since two thousand and ten apple stock has actually gained for tin straight days now we know that that comes on the heels of all kinds of talk about the i phone not necessarily being the future of apple the apple now moving into the content creation industry and that particular fairly crowded field what's happening with them why are they up so much. apple is having a great year on the actually i'm most excited about you know we have the fanning acronym but there's a new acronym people are talking about and it's m.v.p. because master card visa and pay pal have

speaking of china, positive news from its territory and the gambling mecca of macao lifting shares, including wynn resorts. u.s. casino shares are cashing in as the march for gambling figures coming in with a smaller than expected decline. that's better than expected, folks. this is not something that you hear every day. we are talking about technology and facebook. ceo mark zuckerberg calling for more global regulation on internet companies. writing in "the washington post" in an op-ed, we have zuckerberg saying the social media network and other tech firms have too much power over data and content. even said that he supports the eu's general data protection regulation. gdpr gives consumers the right to choose how their information is used on the internet. >>> now, also breaking this hour, homeland security -- secretary of homeland security kirstjen nielsen ordering more personnel to the southern border and this after president trump doubled down on a threat to shut down the southern border after cutting aid to central american nations and accusing its leaders of doing quote, nothing to prev

there, too >> this market is influx i got to tell you also let's not forget that lvs has exposure to macaoiting time until casino business >> let's get to the opening bell with our cnbc realtime exchange. at the big board is alcon and limoneira at the nasdaq. >> jim, since boeing been the one moving the dow and s&p is on the street i guess we'll watch that chi china aircraft denying that report yesterday hauling for 137 maxes. >> there is an article in the new york times that everybody should read today that talks about what boeing did with the old planes and remodel it to the new. it is very negative for boeing i think there will be continual sense it is going to get tougher to get this behind them. i don't think it is a buy. technicians were telling me, jim, you better get on board this thing will not crack support. i think the analysts are kind of saying hey, listen, this can take longer. i thought the myril lynch downgrade yesterday -- that's most importantly a down year you know how analysts say when they are down -- >> goldman cuts to 393 it has ramifications on american guidance tod