. >> life in the nasdaq markets, new york city's times square, i'm melissa lee. these are the traders here on the desk and there is one name sending a chill down the spine of investors' backs, tesla. showing signs of weakness. this is a single stock story, perhaps a broader cause of concern for the markets? let's find out right now. dan, this is the sort of stock that encapsulates a broader trend of speculative high flyers and people wanting to find the beta in this market. >> to your initial question, is this a problem for the market? it is not. the stock down 13% from a high on september 30th. some ways you could say it's healthy, it's consolidating here above $160. i'm not telling you that means all-clear. they're reporting earnings november 5th. the stock's up 400% this year. it's not on anything fundamental other than the hope that this story becomes a real player in the automotive industry. and that's going to take years to figure out. >> this is a company that is trading labor a tech stock but end of the day what they do is sell cars. people need to remind

. >>> live from the nasdaq market site in new york city's times square, i'm melissa lee.hese are the traders. it is you, the consumer, we are watching tonight. despite the rally in retail stocks, some troubling signs are emerging from very large retail names. is the d.c. dysfunction pinching americans' pocketbooks? let's get in the money and find on it right now. dan, i know you've been worried about retailers for a while, and now we have same-store sales data from the gap which really makes the picture worse. >> yeah, just this week. and this has been going on a couple months now. one of the interesting things to me, all areas of retail. it's low end to the high end. back in august, we had disappointments from macy's and nordstrom's. and we then on the low end had target and walmart disappointing and then in between, we had panera, some of these restaurants. so it's continued into this week. we saw limited, gap and costco miss their comps. so to me, it shows that there is a strained consumer out there regardless of whether the s&p is 1.5% back to its all-time highs. it w

i'm melissa lee, for more options choices, go to our website.at 5:40 eastern time. meantime, "mad money" starts right now. >> announcer: the following paid program for the shark sonic duo is brought to you by euro-pro. [whirring rapidly...] >> both imitate: zzt zzt zzt... [whirring...] >> zzt zzt zzt... [whirring...] >> i have never seen anything like it! >> oh, my gosh, i love the shark sonic duo! the carpet's like new again! >> my kitchen floors are cleaner than they've ever been. [whirring...] >> it's the best cleaning system i've ever used in my home. zzt zzt zzt... [laughs] >> announcer: bright, beautiful carpets, rugs and floors make your home look amazing. but no matter how much you vacuum or mop, you get

. >> i'm melissa lee. here's tonight's line up. he called the plunge in coal and the surge in shippers. >> and will a strategy pay off. karen finermen has the fine print. >> president obama is speaking exclusively with us about the government shut down show down. >> tried to focus on not just the government shut down but also the potential threat of the debt ceiling. i asked the president whether he thought that wall street was being accurate to be a little complacent right now and here is what he said. >> i think they should be concerned. typical trip. . not unusual. . have a situation. u.s. government obligations. then we are in trouble. why can't you just go ahead and do something that makes them happy now. what what what i have to remind people is that what we're debating right now is keeping the government open for two months. we would then be going through this exact same thing in the middle of christmas shopping season, which i don't think many businesses would be interested in. we saw what happened in 2011. and then we woul

i'm melissa lee. fast forward trades earning season heats up next week get the trade ahead of the numbers on yahoo and chipotle. short story, find out why the all star contrarian is restarting his short fund after four years of going long. and retail reality check, the economy may be improving, but consumers aren't buying it. our traders tonight are tim seymour, josh brown and guy adami. our top story, d.c. dysfunction. luke russert joins us with the latest. luke, we want to know what are the chances of us coming back to work on monday and having a deal in hand? >> well, earlier today we thought chances would be good for that to happen. and there still is a lot of optimism here on capitol hill. but we must temper that to some degree. as of right now i'm hearing from gop leadership aides, there is some sort of difference in opinion of how to proceed between harry reid and president obama. there has been talk of a six week extension the debt limit that the house gop would do. they would do this in excha

. >> that was a call by you, melissa lee. >> melissa on earnings squad said and she was 100% on as fars this cost coming down as big. but i believe it was the liquor sales, melissa. particularly perhaps into the late summer and early fall that really drove them here. they are hitting on all cylinders. $56,000 a week. >> 56,000? >> dollars per week per store. and buffalo wild wings used to be bw 3 which stood for buffalo wild wings and wac. >> none of these people know what a wac is. >> that is why it is bw 3. >> it was one of the people involved in the very beginning. >> how could i not know that. >> i thought it was a be fun wac. >> maybe it is. >> just a broader point on buffalo wild wings. i think this is a really good investment lesson in general. any time you see that if you believe the stock has merit, that's a buying opportunity. >> and apple taking a dip after yesterday's earnings report. how high do the analysts think they will go? that and much more ahead on fast. ♪ ♪ here we are, me and you ♪ on the road ♪ and we know that it goes on and on ♪ [ female announcer ] you're the

i'm melissa lee. here's tonight's line up. what the the best long term play for your portfolio? one of the belly's top managers. we will give you the trade tonight and soy lar flares. have further room to run. we have got a trade update for you. we have got to get straight to the afterhours action in shares of netflix. the stock rocking on earnings. look at that gain up more than 9%. netflix is the best performing stock up 446%. that is more than double the next best performer which is micron technologies. a. >> they missed it. i didn't think it was going to print 400 but it has become an international story. look at the international ads. that is a monster beat on that side. i like to say that you get long netflix. i have got to believe that you will see some meaningful bull back. >> i have been dead wrong on this. my point was that at i didn't want to touch this stock. what these guys have done and what this number shos. if ewe ear coming out of school n now. >> absolutely not. >> you are not. >> but you probably have netflix. and guy talked about this internationally. this is

i'm melissa lee. these are the traders at the desk and chicago and san diego. keep it classy, dan. while it is the investment equivalent of the mile high club, talking about thousand dollar stock prices, google doing what apple could not and joining price plooin as one of two stocks in the s & p with a four digit price tag. begging the question, when will apple join this grand party that is the tech rally? let's get in the money and find out. let's start on the desk and mike, to what extent do you think google is benefiting from apple's woes? >> i'm not sure it's benefiting from apple's woes, i think the problem with apple, people recognize that that's a consumer electronic story. google's story is catching people by surprise. one of the things we keep coming back to with apple is you know, the law of large numbers, we keep thinking that's a problem. the other potential problem is compressing margins, the others potential problem, we're listing a bunch of them, you suddenly get a trend, their products aren't hot. with google it's hard to see who would be potentially replacing them.

america's post market show, i'm melissa lee. it is total request friday. so be sure to tweet us at cnbc fast money, send us questions, comments. we have brian kelly, josh brown and guy adami. let's get to our top story, technology. it is all about the nasdaq, the nasdaq 100 having its best week in three months. the next thought for the composite seems to be 4,000, we haven't seen that since the dot com bubble 13 years ago. and the story getting us there, google. it's at an all time high hitting over $1,000 a share today. larry page combined $5.7 billion on google stock. should investors keep riding this tech train? >> i don't think you can ride the google train now. some people disagree. but when the stock is up, google is up 10% today, all time high on ten times normal volume. it was excellent. but i don't think this magnitude excellent quarter. my sense is if you're the trader and you have to take some profits, and look for pullback. i think you'll get it. i think you'll see pullback down in the low 900s. >> aren't we now pricing growth? finally we perha

i'm melissa lee for more action checks out our web site. we'll see you next friday.rage of the shutdown called the debt threat, starts right now. 5 days until america runs out of money, and still, no deal, the debt threat continues. the dow closed up today 111 points. hello and welcome to cnbc's special report. >> hello, everybody, "mad money" will be on tonight at 11:00 p.m. eastern. but for now, we have an all star of experts that will help you navigate the market. what you need to know before we go into this important weekend. >> and let us begin in washington, where lawmakers are still trying to hammer out a deal.

. ♪ >> nasdaq markets in new york city's times square i'm melissa lee. here is the lineup.otal request friday, need a little skinered in your life. trouble in earnings land? total request friday is here. bubble trouble. group on, linked in. will these high flying internet stocks cool down? we're talk bubble trouble. our traders are tim seymour, guy adami. let's gets to our call of the day. goldman sachs, with a research note that outlines the stocks they think are the most undervalued right now. in the top ten, marathon petroleum, tesoro, abercrombie and fitch. we should note this is based on their price targets. these are the stocks with the most upside here, potentially to their price targets. where did you go. >> i like cameron international, i like the drilling space. if you look at second quarter drilling, demand was up 24%, obama is putting a lot of pressure to limit imports, with everything that we know. we saw in the last couple days the united states is the number one energy producer in the world. and there's a lot of opportunity. but again, international. so these

i'm melissa lee for more options action check out our web site optionsaction.cnbc.com. segment inside fast money every day at 5:40 p.m. eastern time. see you next friday for more options action. "mad money" with jim cramer is up next. what you are about to see is one ladder-the strongest, the safest, the most versatile ladder in the world. the strong and sturdy little giant ladder system. twenty four ladders in one. coming up, you'll see amazing demonstrations and hear

i'm melissa lee. these are the traders at the desk. we'll get to those trades. first the story captivating traders and consumers alike. and that's tesla. shares rebounding today after a tough week, they are now almost 8% off their recent high. is this a speed bump? or is america's new favorite stock in trouble? let's get to the money and find out. this got started because of a fire video that went viral. and of course it did. these are hot cars, everybody likes them. and here they are bursting on fire. >> everybody has been waiting for this company to stumble. there hasn't been a big stumble for them to confront. and finally, we have one. i mean, actually, it's not uncommon to see cars on fire on the internet, on youtube, you often see somebody burning up their lamborghini or ferrari. but tesla, this makes the store each. plus, it captures a little of the imagination about the risks of lithium ion batteries, we linked that to fires in 787s, now it's the car. you're not allowed to carry it. so it's easy to understand that. plus, the stock of course had been on fi

i'm melissa lee here's tonight lineup. need a little allman brothers in your life?hy the highflyers are finally cracking. total request friday is here. facebook frenzy a huge run for the stock. thursday's big report be the true tell on mobile monetization, our traders give you the social playbook. our traders are brian kelly, steve grasso guy adami. small caps large caps transports, all hitting record highs again today, we're playing hold them and fold them. amazon fed ex disney and chipotle. let's start with amazon. guy. >> i won the street fight, but i lost the ultimate jury which is the marketplace, which is the stock market. but i mean the quarter was fine but at a certain point we said it during the street fight, it will catch up. they have to start turning a profit. obviously, they didn't do it this quarter. the street gave them a lot of slack. but i don't think you can chase amazon at these levels so i'm in the fold 'em camp. >> steve grasso. >> amazon you have to hold. i would be a holder of it. 24% is what the revenue jumped f. you look at retailers warmed.

. >> i'm melissa lee, thanks for watching.p right now. >>> the "lightning round" is sponsored by td ameritrade. >>> coming up -- looking for a way to play what's next in tech? cramer's got his eyes locked on the company powering google glass. it's already displayed a stunning performance. quadrupling this year alone. but, could technical signals point to more. >>> call me at 1-800-743-cnbc. how did this market come unglued so quickly? what happened today? before we panic, let's get a little perspective about the session, dow sank 160

i'm melissa lee. here is tonight's line up. record breaking rally. the force is with the rally how apple got its groove back. and after hours action big moves tonight hitting all the earnings movers you need to watch right now. and that is is the momentum trade going up in flames? netflix posting a monster reversal today after surging on earnings touching on a high making for 17% drop from the highs of the day. so is this the beginning of the end for the high flying momentum names? big losses across the board here. >> listen, netflix is a pretty isolated situation. the story is the story that has been separated from the market for the last couple of years. today's chart, the price action reminds me of liquidation. the volume was massive in the last year. 25 so that is kind of healthy in a lot of ways. >> is this actually a positive way. >> for so long we have been saying the s&p 500 has been making new highs. don't we want to see participation rolling into the market? is that what we're seeing with money coming out of the momentum stocks. >> i think

. ♪ >> this is fast money and i'm melissa lee.here is only one story that matters today and that is washington d.c. the market is on fire today. the dow, the s&p, and the nasdaq posting their second biggest gains of the year. the spotlight ahead of earnings that led the gains today. let's get the latest out of dc. >> the president wanted to see all of the house republicans but the president decided better to send a smaller group. the chairman who is here is paul ryan. that will be an interesting one. he is obviously a huge player. nationally we will see if he plays a role in this meeting or not. the white house wants a debt limit extension and they want the u.s. government reopened. house republicans saying we will give you a six week debt extension. what about that? we should get more intelligence a little later on. >> keep us posted in dc for us. let's break this all down. the question at this point is are we really out of the woods? and key to this is whether or not you truly believe there is a deal in the works right now. tim?

i'm melissa lee.tching. >> cnbc special report hosted by carl quintanilla that starts right now. >>> monday, you can't catch a break. the debt ceiling deadline looms. as washington bickers, we're running out of time. so what do you do to take your mind off the impending fiscal doom? well, you can't go to a national park, get your tax refund, get a loan for your small business, check out the national zoo panda cam. and if you live in d.c., you can't even cash that winning lotto ticket. is this any way to run the greatest country on earth? america, it's the 11th hour.

i'm melissa lee. tonight's lineup. we're all about the action tonight. afterhours action. amazon microsoft, zynga. there's huge earnings movers to trade tonight. stay tuned for updates from the big conference calls starting right now. look out below. could now be the time to take some chips off the table? top equity strajtegists say the s&p is headed for a triple digit drop before year's end. getting active. should you be investing along with big players like carl icahn or is it better to sell the news? tim seymour, dan nathan. >> dan nathan? >> jim seymour. brian kelly. karen finerman. mike coe. >> i'm here, too. >> i always live you out. amazon and microsoft. both surging in the afterhour session. microsoft reporting earnings. 62 cents a share, topping estimates. let's start off with the big surge in shares of amazon. guy, interestingly, you did a bull/bear debate with stephanie link yesterday. you were the bear. you won. >> the market still continues to cut them -- you just said it. continue to have an operating loss. i think courtney reagan posted since they became a p

. >> thanks >> i'm melissa lee. thanks for watching.for more "fast." meantime, "mad money" with jim cramer starts now. >>> my mission is simple, to make you money. i'm here to level the playing field for all investors. there is always a bull market somewhere, and i promise to help you find it. "mad money" starts now. hey, i'm cramer. welcome to "mad money." welcome to cramerica. other people want to make friends. i'm trying to save you a little money. my job is not just to entertain you, but to put it all in context. so call me 1-800-743-cnbc. the stock market craves certainty, confidence. it hates uncertainty, waffling, and the unknown. so when president obama acts

i'm melissa lee for more options action check out our web site, and also, take a look at our daily segment inside fast money every day at >> my mission is simple, to make you money. i'm here to level the playing field for all investors. there's always a market somewhere, and i promise to help you find it. "mad money" starts now. >> hey, i'm cramer. welcome to "mad money." my job is not just entertainment. it's to teach. call me at 1-800-743-cnbc. this market doesn't seem to know how to quit. it's running on empty. it's on fumes. well, the likes of amazon and microsoft. >> buy, buy, buy. >> dow gaining 61 points. s&p rising 4%. these big capitalation companies blue chips jump up as they're junior growth stocks. once they're in orbit, they keep flying higher. 3m, boeing, honeywell. after all of these, who can back the next? i say look no further than apple. there's a lot of chatter. what apple has to do to get its stock moving higher. that's in part because carl icahn has managed to hijack the debate about the soul of apple. icahn wants apple to move the shares up with its own buying power.

i'm melissa lee.e is dominic and herb greenberg who has made his way from the east coast for the earnings squad. we have to connect it off with ao smith. shares trading higher after the full-year guidance, herb. >> i love this story. i've been talking about it all morning. >> all day. all day. >> because look at this stock, stocks up big, boring company wins. that's what you love. a company that makes water heaters, boilers. it's a great view into the housing industry. they are also talking about replacement water heaters, not so much on the commercial side but also big story here is china. so you have to say right now the company is doing acquisitions so you have to keep an eye on that. but a.o. smith comes back to the zone. >> and china, by the way, the numbers are huge. up 35% in terms of revenue growth and 10% in north america. the story really here is a play on china. let's be clear on that. >> we are very clear. >> let's talk about vmware. analysts have been more optimistic because of positive c

i'm melissa lee. here is tonight's line up. record breaking rally.ow apple got its groove back. and after hours action, big moves tonight hitting all the

america's post market show, i'm melissa lee. it is total request

i'm melissa lee. here's tonight's line up. what the the best long term play for your portfolio?lly's top managers. we will give you the trade tonight and soy lar flares. have further room to run. we have got a trade update for you.

i'm melissa lee.ades earning season heats up next week get the trade ahead of the numbers on yahoo and chipotle. short story, find out why the all star contrarian is restarting his short fund after four years of going long. and retail reality check, the economy may be improving, but consumers aren't buying it.

. >> melissa lee's over the desk with a look at what's moving. >> apple on the move on pace for its ninth straight day of gains. buy to hold. price target $575 citing continued sales momentum for the new iphone 5 models, the highest level since january 11th. the same guy downgraded the stock a month ago because apple didn't raise estimates on the back of iphone numbers. >> somebody said apple's been up nine sessions in a row. >> yep. >> right? >> yep. >> it's amazing. last week, you and i talked about it as it broke it held 505, that was a key level. pete has said all year, this is the second-half story. look where it's been, in this second half, and it's been basically from 410 or so pushing up now to into the 520s. i still think it goes into 540 by year-end. >> yeah, i missed this one. the question is now, is this going back to the old pattern which trade up into a product announcement and sell on the news? we'll know that tomorrow and the day after. >> i think there's a lot of pent-up demand for -- >> it's a big push forward. >> joe, quickly, comment before break? >> you've seen it wit

i'm dominic chu in for melissa lee.nbc's mary thompson and the great and ever great herb greenberg here. talk about apollo group, scheduled to release earnings after the bell today. the company reporting lower revenue over the past two quarters. herb, what can we expect? >> the first of all the for profits that will come out. this whole enrollment issue, what will enrollments be, turnover of students be. some people, my pal brad saflo of pa research talks about this being an inflection point that investors are looking for. some people think these are value stocks but the reality is, has this been a fundamental change in the industry. people want to take a close look at this one just to see what we can expect to see. >> sets the tone basically. >> absolutely. >> so let's talk about another one because caterpillar is expected to report its third quarter earnings tomorrow before the opening bell and mary thompson, you've been following this company for us, what can we expect to hear? >> obviously weaker results. back? july

. >> i'm melissa lee. thanks for watching. in the me tomorrow at 5:00 for more "fast money." meantime, "mad money" with jim cramer starts right now. >>> my mission is simple, to make you money. i'm here to level the playing field for all investors. there is always a bull market somewhere, and i promise to help you find it. "mad money" starts now. [ bell ]. >> hey, i'm cramer! welcome to "mad money." welcome to cramerica. other people want the make friends. i'm just trying to help you make a little money. my job is not just to entertain you, but to educate you and to earn money. so call me 1-800-743-cnbc. it's all about the managers who come in and buy stocks despite the gloom, selecting companies they think are immune from the morass in washington. whatever. ♪ as we saw today with the averages getting hit hard in the morning, only to recover later in the day. dow only falling just 59 points. remember, how ugly it was in the morning? and the nasdaq climbing 0.08%. you would need a microscope to see that decline. by the way, did you notice anything special about today's close?

i'm melissa lee. joining me is dominic chu and contributor stephanie link. let's start off with the score card about 7% of s&p 500 companies have reported so far 53% beat estimates earnings season kicks into high gear with a half dozen dow components and over 50 s&p 500 companies expected to report this week alone. start off with granger and the industrial sector, the company set to report earnings before the bell tomorrow and what are you watching for especially after they gave us a data point to work off of. >> that's why this is important. more so than the earnings numbers themselves is what this company is going to say about manufacturing. they're one of the largest industrial distributors in the country. 2 million customers, 1 million products. we'll get a good read not only on manufacturing but nonrise construction. i've been on a bull on nonrise construction recovering. listening to data points on that point. i would say they have 17% of their exposure is government. so we'll see if they start to blame the government. but down 6.8% last week, up 4.7 f

. >> i'm melissa lee, thanks for watching. stay tuned, "mad money's" up right now. >>> the "lightning round" is sponsored by td ameritrade. >>> coming up -- looking for a way to play what's next in tech? cramer's got his eyes locked on the company powering google glass. it's already displayed a stunning performance. quadrupling this year alone. but, could technical signals point to more. >>> call me at 1-800-743-cnbc. how did this market come unglued so quickly? what happened today? before we panic, let's get a little perspective about the session, dow sank 160 points, nasdaq .2%. first, even after this two-day, market's not down much at all. the s&p 500's only off about 4%, dow's off 5.7%, nasdaq which totally red hot going into this week is down 3.t2%. barely down at all especially when you consider this high index is up 22% for the year. that perspective matters. today the high fliers in the nasdaq, the linkedin, teslas finally cracked, my favors celgene, regeneron and gilead. but very few can hold up even if they don't hav

i'm melissa lee here's tonight lineup. need a little allman brothers in your life?are finally cracking. total request friday is here. facebook frenzy, a

i'm melissa lee. joining me is cnbc's dominic chu and doc najarian, founder of option monster.com.. 56% of s&p 500 companies have reported so far. 69% beat their e ps targets. 11% met estimates. 20% of reports have come in below forecasts. and we got to start off with buffalo wild wings. the company set to report third quarter earnings today after the bell and, of course, everybody knows this stock because it has been a monster performer this year. so we're looking for pretty big move off earnings. 75% gain year to date. a lot of analysts are bullish although it's past track record when it comes to beats and misses has been spotty. four substantial earnings misses in the past five quarters. still going into this report, the stock is hitting a fresh new high. wonderlic securities out with a bullish report saying they expect 20% eps growth in 2014 and 2015 and points out that importantly, spot wing prices have come down recently and that could actually help, of course, buffalo wild wings. >> margins. >> of course the bigger question is, are people going to casual dining establishment

. >> i'm melissa lee. here's tonight's line up.he plunge in coal and the surge in shippers. >> and will a strategy pay off. karen finermen has the fine print. >> president obama is speaking exclusively with us about the government shut down show down. >> tried to focus on

. >> thanks >> i'm melissa lee. thanks for watching. see you back here tomorrow at 5:00 for more "fast." meantime, "mad money" with jim cramer starts now. >>> my mission is simple, to make you money. i'm here to level the playing field for all investors. there is always a bull market somewhere, and i promise to help you find it. "mad money" starts now. hey, i'm cramer. welcome to "mad money." welcome to cramerica. other people want to make friends. i'm trying to save you a little money. my job is not just to entertain you, but to put it all in context. so call me 1-800-743-cnbc. the stock market craves certainty, confidence. it hates uncertainty, waffling, and the unknown. so when president obama acts decisively and appoints a near universally liked candidate, janet yellen, as the next fed chair, the market reacts positively. aided by a whiff of secret talks on the debt debacle. as joining 0.06. the nasdaq declined. it show yos uthat washington may not be totally dysfunctional. it's reminiscent when it worked. sure, washington is poison

about and to help you trade the stories you might have missed out, i'm mandy drury sitting in for melissa leeg you is dominic chu and dr. jon najarian, co-author of "how we trade option." let's hop to it and start with united health. the company is set to report tomorrow before the bell and this folks is a stock that's already up about 38% year to date. we're expecting i think eps to be up about 2%, revenue up about 13% from a year ago. i think what's more important here is going to give us a bit of a peak from a big insurer's point of view into the health care overall. for example, how enrollments have been so far. it's a bellwether for the sector so that is where the devil is going to be in the details. >> so much optimism, right. the stock has been on a tear along with sigma, aetna, all those big guys. >> all the insurance, hospital stocks, cyh, hcas and so forth. >> which do you like in the sector some. >> i like the hospitals the best myself because i think these are the guys that will be paid under the affordable care act that presently have to provide services and wait months and month

i'm melissa lee. tonight's lineup. we're all about the action tonight. afterhours action.ft, zynga. there's huge earnings movers to trade tonight. stay tuned for updates from the big conference calls starting right now. look out below. could now be the time to take some chips off the table? top equity strategists say the s&p is headed for a triple digit drop before year's end. getting active. should you

melissa lee, back to you. >> thank you. >>> the power house, we travel to the top real estate marketsn america and today hitting charlotte, north carolina. plus, underdog ceo's bank of america brine moynihan bringing the bank back. earnings growing and stock up 25% this year. are these type of ceos better performers. breaking down the talent code straight ahead. [ banker ] sydney needed some financial guidance so she could take her dream to the next level. so we talked about her options. her valuable assets were staying. and selling her car wouldn't fly. we helped sydney manage her debt and prioritize her goals, so she could really turn up the volume on her dreams today... and tomorrow. so let's see what we can do about that... remodel. motorcycle. [ female announcer ] some questions take more than a bank. they take a banker. make a my financial priorities appointment today. because when people talk, great things happen. make a my financial priorities appointment today. sometimes they just drop in. always obvious. cme group can help you navigate risks and capture opportunities. we ena

i'm melissa lee.oining me, dominic chu and herb greenberg. 41% of s&p 500 companies have reported so far. 68% beat their eps targets. 12% have met estimates and 21% have come in below forecasts. got to start off with decker. the company set to report third quarter earnings today after the bell. and two words, guys, replacement cycle. >> oh, there we go. >> a replacement cycle that is going to hit the company. also margins are going to improve because costs should start to be lower in the third quarter and fourth quarter. >> how long do uggs last? do they got to be replaced every couple years? >> i don't know because i don't own any, but apparently somebody here does. >> somebody here does. i have some uggs slippers that i've had for a number of years. but i keep them in a shoe tree because if you don't, they will wear out. i don't want to participate in the replacement cycle. >> deckers do not like you. they want you to buy new uggs. >> the other thing they have going for them is this pure wool line w

he's on fast money tonight with melissa lee. >> herb, great stuff, buddy.use a smile is the best umbrella. next to an umbrella. nice background too. >> when it's raining. >> office building and look where he is, like swimming with the seals naked. >> no one he's perfectly charming right now. wouldn't you be. >> not wearing pants. >> coming up next, one analyst is raising the red flag on restaurant stocks and going to make his case for us next. >> the shutdown is it turning out to be one big buzz kill for wannabe beer makers. the american dream is of a better future, a confident retirement. those dreams, there's just no way we're going to let them die. ♪ like they helped millions of others. by listening. planning. working one on one. that's what ameriprise financial does. that's what they can do with you. that's how ameriprise puts more within reach. ♪ >>> upgrading chipotle to buy with a 525 price target. our next guest has a hold on chipotle and sounding the alarm for casual dining sales for october not just because of general weakness but because of every

. ♪ >> this is fast money and i'm melissa lee. one story that matters today and that is washington d.c. the market is on fire today. the dow, the s&p, and the nasdaq posting their second biggest gains of the year. the spotlight ahead of earnings thed

. ♪ >> nasdaq markets in new york city's times square i'm melissa lee. here is the lineup. your life. trouble in earnings land? total request friday is here. bubble trouble. group on, linked in. will these high flying internet stocks cool down? we're talk bubble trouble. our traders are tim seymour, guy adami. let's gets t

i'm melissa lee. joining me is kayla tausche and stephanie link., and that's a controversy surrounding jpmorgan's earnings, because there's a dispute about how legal expenses will be treated and have been treated in the quarter. >> well, in the report on friday, melissa, legal expenses were considered a one-time item, and without those jpmorgan said it had profits of 142 a share. but analysts on wall street had been forecasting 117, and they've now come out and said, our 117 estimate actually had the legal expenses in it, so, therefore, we are not going to exclude that from the estimates. they're now saying it's a 17-cent-per-share loss, and that's dragging down the growth estimates, 1.6% is the earnings growth forecast now, including jpm, and without it's 4.2%, even worst effect on the financials. >> is this a big deal, because a lot of the financials are facing legal expenses and will continue to face legal expenses, because it will change the way we look at whether or not they're beating estimates. >> it certainly is. as a p.m., you look at earn

. >>> welcome to the "earnings squad," and i'm melissa lee, and kayla, and jackie.ed. 62% beat the eps targets. 13% have met estimates, 24% of. >> reporter:s have come in below forecasts. we'll kick it off, morgan stanley, one of the last big banks to report. kayla, a lot of smaller banks out there that may give us a good read as to what's going on here. >> and a good read on the consumer. two of the bigger regionals, capital one, suntrust reporting, and if you looked at the actual reports, you would think that capital one beat estimates on the top line as well as the bottom line. suntrust hit with a big litigation expense. even without it, the company's 66 cents a share missed, but look at the stocks. you see capital one is actually down slightly, and suntrust is up. the fngts health of the customer is the reason why. of all of the loans in suntrust, mortgages, consumer loans, credit cards, only .5% are so delinquent the company has to take a charge to get it out of the portfolio. at capital one, the business is mostly credit cards, but the total charge-off, down f

i'm melissa lee. joining me is dominic chu and jackie deangelis. to the scorecard.tes. 21% of the reports have come in below forecasts. starting off with zynga, posting market gains after third quarter earnings. jackie? >> we looked at the numbers yesterday. a two-cent loss, better than expected. down 36% on revenues, also better than expected. up 14%, shooting up, in the after-hours session. a couple of things to think about here. first of all, the first quarter on the books for the new ceo. he's bringing in a coo to work on the mobile gaming strategy, so that's important. analysts saying they like the cost cutting and management changes, there could be a turnaround here, but it comes back to mobile. if they can't get that right, it's a serious problem. >> the user trends have not been favorable. even analysts came out raising the price target, saying the user trends have not been good, and they face competition in terms of investors' attention when it goes to going public sometime soon. >> it has to be don matrix's biggest challenge, and he has to show that the tr

i'm melissa lee, and joining me is dominic chu and herb greenberg.uarter earnings, but the stock is down today. >> the stock is down. it's down with the overall market. it's the latest defense contractor to say that the budget cut, sequestration, everything else in washington, d.c., is going to weigh on them. but what they are saying is they're trying to sell more missiles to the middle east, to kuwait, to oman, to qatar. they want to go internationally to keep the profits, and that's a big deal. they make tomahawk and cruise missiles. >> yeah, five of the large contractors have beat on estimate, locking, a lot of them have run up. >> i want to say on the shutdown, they only said it nine time, and minimized it, versus lockheed martin, which mentioned shutdown three times on the calls. they're all sort of downplaying it. >> do they count if they say it when they refer to shutdown, or the -- >> only the word shutdown. >> all right. herb, you've been following xerox, and you got so excited about this one when i mentioned -- >> i'm actually very pained.

i'm melissa lee. joining me is dominic chu and stephanie link.weaker-than-expected, and talk about sinking in on the conference call. unbelievable. >> this was a darling. 56% headed into the quarter. across the board, earnings miss. organic growth negative 1%. and all of the regions were disappointing, and also sg&a up a lot more than expected. this is in the face of estee lauder beating and raising. right? and having 6% organic growth. so there's really a contrast here. i think it will take a while for the dust to settle. i won't be buying it. >> is it just they appeal to a different sort of consumer? we heard, we heard from visa, that spending slowed down towards the end. >> i think it's that, and the transition is taking longer than expected. they've gone from being more of a paper company and boring products, and really trying to upgrade. and it's taking a lot longer. by the way, a lot of competition in this arena. >> that is true. shares of oshkosh, as well. they are also sharply lower, and this after than weaker-than-expected, and what's th

i'm melissa lee, and joining me is dominic chu and herb greenberg. herb is fired up about this one.ess worse is good. >> well, you know taeshs interesting, yesterday talking about it, we said some investors would look at this as an inflection point. the company came out. the guidance was not good. its enrollments, it missed. but one thing, it said it would cut costs. they see this as a turnaround play, as a value play. the cash is there. the question is, will it be, how long will it take? >> it's not just -- it sets the tone for all of the for-profits. this is the first one, and cocoa, and it could be a good story. >> enrollment down 22%, and that's better from the third quarter of 2013. the student base next year will be smaller. this is an interesting move here, 25% gain in today's session. let's talk about cree share, because also a wild move, trading sharply lower after a second quarter loss in earnings, and the l.e.d. bulb market, they're commodity, and there's pricing pressure around the retail complex. walmart is marketing its own l.e.d. bulb for nine bucks. >> l.e.d. bulbs a