money" starts right now live from the nasdaq markets overlooking new york city's time's square, i'm mellissa lee. tonight on "fast" apple's amazing run rages on. the stock having its best start of the year since 2012 and goldman sachs says it can go a lot higher. we will explain. plus the retail rack rages on after a dismal week. we will hear from a former ceo j.c. penny whether or not this is the death of the department store, later, twitter says they have a way to make it easier for the white house. >> that sent shares soaring as far as a twitter war. we got those details. weigh start off with a news alert, new details on what the smart money is buying. >> hey, melissa, it seems like the smart money may have piled into snap during the quarter. this is based on the latest 13 s-filings. third point added 2.25 million shares while david pepper at appaloosa added 100,000 shares. here's what he had to say about snap a few days after the ipo. >> i'm not jumping through the hoops to buy the 2180. should it go down closer to the original offer price, i would love to buy the stock there. i'm a beli

i am mellissa lee, you are watching "fast money" on cnbc.ere's what's coming up on "fast. >> ceo reed hastings says there is one tech company that's downright scary and could stand in their way. we'll hear from him. plus, tim is serving up theich ', different whack he says is the hot et deck stock to own right now t. name queen "fast money" returns. [ birds chirping ] [ inhales, exhales ] [ announcer ] cigarettes are not just dangerous when they're smoked. [ rat squeaking ] they're dangerous long after. cigarette butts are toxic. they release chemicals that poison our water... and harm wildlife. and millions... are polluting our environment. [ sniffing ] [ seagulls squawking ] >> welcome back to "fast money". we're live at the nasdaq market site all the indices are closing higher. the second half of the show, call it mcdonald's 2.o. it's one of the best performing stocks this year t. key may be in technology. check out cyber security firm palo alto soaring after network. the ceo says he had three ways to fix the company. he'll be here to bre

there was nothing there. >> or sit what mellissa just said? is the market the real trump trade?o when you look at the overall mark, what was the tail wind to the s&p. because when we talked about this off the election, there were some days where the utilities ran, there were some days that tech ran, some days that financials ran t. overlay is you can't be in energy right now. that's the lager. everything else seems to have taken a day on, day off. so is the real trump trade the s&p? >> i wonder, you could say because the s&p is up post-election, therefore the trump trade is that equities are a better place to be than other places. you can say if you went back pre-election swoon, we're not up that much, meaning the election that mark took was a big heavy hit before the rebound. i think, look the market has one chance left here for the so-called trump trade, it's taxes. that's not my area. i rely on you all for. that that's the one big thing that could possibly put some real life. >> i hate getting into counterfactual stuff. my sense is this market was trending high over the last

i'm mellissa lee, you are watching cnbc.n the meantime, here's what else is coming up on "fast. >> don't forget hedge funds are rising from the gravy, posting some surprising gains. i'll tell you the stocks that got them there. plus, calling all bitcoin fans, mr. bitcoin, himself, ryan kelly is answering tweets and taking all your bitcoin questions. so tweet us@cnbcfastmoney. if it's nice, we'll answer them when "fast money" returns. >> welcome back to "fast money" with stocks soaring and the s&p and nasdaq approaching big time highs, here's what's coming up in the second half of the show, amazon eeks away to $1,000 a share, at stocks are behind. we will play a little would you rather. hedge funds are cameing a comeback in illinois. marc levine will tell us the big hedge funds and why to ditch the rest. first we start off with a story captivated main street and wall street. >> that is whit coins digital currency hit another all time high. >> reporter: hi, melissa, bitcoin has been on the rise the southern ascension over the

i'm mellissa lee, check out the action.py memorial day, >>> my mission is simple, to make you money. i'm here to level the playing field for all investors, there's always a bull market somewhere. and i promise to help you find it. mad muffin starts now. >> hey, i'm cramer, welcome to "mad money," welcome to cramerica, other people want to make friends, my job is not just to entertain you, but to educate and tweet you. every time i come out here for two reasons, the first one is

. >> mellissa, nvidia stock is as hot as the new york fire. feel like the back burner these days, it's the top ten best performing 500 stocks this week, a volatile one at that. we are talking 7% in terms of performance. 30-plus% gains over the last year-to-date period and 211% over the last 12 months. if that wasn't impressive enough, try this market cap comparison. so far year-to-date, nvidia has gained $24 billion in value. that's just like adding on a company the size of united continental airlines in less than five months and six, count them, six record highs so far in 2017. yeah, last year's best performing stocks still definitely all about the bulls, but are they due for a cooling off period? at this point the stock is already 10% above the analyst's target price as tracked. 53% of analysts say buy. 34 say hold and 13% had a sell rating. so mellissa, either analysts up their targets or we see down grades based on valuations. back to you. >> if you are still looking to get into nvidia, we have ways you can do that for less. take it away.

i'm mellissa lee. we are at the credit suisse company, in this room could be the next hot ipo.fast money" trader dan nathan, guy adami made the trip to be out here. they survived last night. we won't ask what happened. we'll see if they can get through this next hour. snap just crapped out, we're in vegas, crapped out, was this a reality check? dan, let's kick it off with you. >> one of the questions you keep hearing in a conference like this, where there is a lot of companies doing disruptive things is whether or not they need to go public. there is a lot of access to capital, both equity and debt. they can finance a lot of their growth, don't forget, look back to facebook, one of the things facebook did in the leadup to 2012, they spent a billion dollars to buy instagram, that was before they went ipo. then what do they do in 2013? they spent more than $20 billion to buy what's app. they needed to do that to raise the capital in the public markets to be able to finance this next leg of growth. here's a company that's valued over $400 billion right now. i think it's safe to sa

to saudi arabia, israel, italy and belgium on a multi-nation day trip much anticipated as well, mellissa. >> i know that reporter asked president trump whether or not he asked in anyway, shape or form director comey to back down, was he asked whether the contents of that memo were accurate or reflective of what happened in the oval office? >> reporter: no that's the format. ewas not asked and pinned down on that point. what the white house has said is they don't believe the account presented in the comey memo is an act rat account of that conversation. what they haven't said is what exactly the president said to the fbi director and what he meant by it. so much will be his intent in terms of conveying those words to the fbi director. was he trying to shut down this investigation or do something else all towing. >> thank you. >>> the market's bouncing back after yesterday's sell-off, which was the worst day of the year for stocks. the dow up 150 points the highs of the day the market is is seeming to get its foot back. it's a late-day jumper, losses that helped move stocks mid-day. as the

. >> mellissa, it was a highly disputed number here in washington and the market.it slowed slight improvement for the bill that got passed by the house three weeks ago. compared to a previous version of that. the ceo saying the american health care act is out passed be i the house with 23 million fewer people with insurance. that's an improvement of 1 million from the previous bill. but it would come as a cost of there are 30 billion to the deficit of that version t. ceo saying it would cost about $1 fine billion. premiums will depend on age and state. it says in the near term, there will be premium increases, in 2020, when the law gets fully phased in, then it's really up to the state, whether they would be applying for some waivers, some patients or some customers who would be participating in these exchanges wouldn't see any change at all. some would see decreases of 20%. then the older or less healthier customer gets the higher the premiums would increase, that predictably has stoked democrats. there has been a very negative and critical response from democrats

mellissa. >> thank you very much. believe that we got headlines a couple days ago saying there was going to be possibly an investigation in europe. we saw the markets react at the time for that. you know, we have these headlines. i feel that stocks usually will recover after that. >> this stock has been very, very offensive within an auto sector under fire, 1050 on this thin sheet, trading up there. i think it's a thin sheet. anyway, it's at a key level. i don't think you need to get in the way of this. i'd get out of the way. >> let's see, if it holds 950. maybe. look at the environment are you in with what's going on before, what is going on with used cars. so i don't think this is lemon, if you try to buy the dip on it, there is what, 4,000 other stocks to pick. don't pick this un. >>> still ahead, pharma stocks on the relief of brand-new data. we will tell wlou the winners and losers will be. we will tell you what has wal-mart nervous. much more "fast money" right after this. tar legend just by playing air guitar.

. >> mellissa, life comes at you fast, the entire landscape is shaking around.t only took a few years to hit that next evolution. by that, we are talking the whole forbes cutting thing, more and more folks are down with ltt yeah you know me. over the top ways to access entertainment content outside of the traditional cable and satellite box is gaining traction. we got a new entrance as google announced it will offer on its live tv streaming service, 50 channels, 40 bucks a month, but that may have been one of the big reasons why you saw that table content provider, disney, via com, discovery, the idea that spread compression may hit content companies as consumer costs continue to be driven by new skin my bundle offerings. now another part of that story, moffett issued a more bearish note telling kwients clients, the quarter has arrived. we are seeing the pace here to see the worst ever numbers for subscriber losses in a first quarter. he estimates to be around 762,000 subscriber losses which is more than five times in the quarter last year. now it wasn't that lo

wait. >> shares of xilinx. >> get you done, mel. >> i'm mellissa lee. thanks, for watching.cramer starts right now. >>> my mission is simple, to make you money. i'm here to level the playing field for all investors. there's 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. welcome to our invest in america, defining the future series from cnbc one market in san francisco. other people want to make friends, i'm just trying to make you some money, my job is not

. >> hi, mellissa, overbought, overcrowded. overvalued. i don't know about. that i know the rally on the nasdaq. i this three stocks that under performed to play the ongoing rally. let's start with the big boy microsoft. we are staring at a weekly chart. this is the relative performance of microsoft from the lows in march of 2009 and you can see, you've under performed the triple q etf by 75%. that's remarkable for a quality company like microsoft. we zoom in and look at that chart, on an absolute basis, we bring up that microsoft chart if we can. there we go. we got that microsoft slow and steady wins the race. that's the 50-day moving average. you want to be long, stay long and get longer microsoft. here's another great way to play it. we're going to get a little sassy here. we will look at a young gun work day here. yes, the stock is up over 40%ier-to-date. you are saying, how is it under performing? you go back over three years the stocks trail that triple q etf by over 40%. now when we zoom in, absolutely. we look at a stock chart of work day, look at th

so is spicy, i mean mellissa mccarthy t. comedian was spotted in her spicy suit rolling in traffic. mccarthy is hosted "saturday night live" tomorrow the show really did the promo video. >> ♪ i feel pretty ♪ oh so pretty ♪ i feel pretty and witty and bright < musical notes> ♪ and i pity any girl that will leave tonight ♪ ♪ such a pretty face, such a pretty hair ♪ ♪ i feel sunny and trusting and running ♪ ♪ for i know i am pretty comfortable ♪ ♪ >> who knew she had such a good voice. that's the late night show taking on the white house stephen colbert who president trump referred to as a no talent guy hit back at trump last night. >> the president of the united states has personally come after me and my show and there's only one thing to say he he he he. mr. trump, there is a lot you don't understanding but i never thought one of those things would be show business. don't you know, i have been trying for a year to get to you say my name? and you were very restrained, admirably restrained, but now you did it. i won. zplp back with nick, katherine and harold. nick, tell me something i

. >> reporter: mellissa, as president trump tweeted this morning, he is off on his first foreign trips he is going to be strongly protecting american interests, but that trip is already on a bad start with hess just barely haven't gotten in the air. why? first of all the new york sometimes reported notes taken by u.s. government officials during his meeting with top russian officials in the oval office quoting him as saying, i just fired the fbi director. he was crazy, a nut job. i was under pressure from russia. now the pressure is off. the white house responded soon afterwards saying the pressure he was talking about was pressure on his ability to make deals with russia. here's why that's a big problem. james comey who was fired was a close allie of robert mueller who has now been named as a special counsel and robert mueller does not think he was hired to take the pressure off. case in point, you got the washington post subsequently reported this afternoon that the investigation of rhode island hospital mueller leads has now torthing a current official in the west wing of the white

sean spicer took the podium in item for mellissa mccarthy to do her now prized infamous impression of him. here is a sneak peek. >> ♪ appeal charming ♪ oh, so charming? itself ♪ it's alarming how charming i feel ♪ ♪ i feel so pretty ♪ it's a pretty face, such a pretty thought such a pretty ♪ >> now we will all have that song in our heads for the rest of the show. >> that is, though the case of what "late night" is doing to take on trump's white house. finally the roundtable will wrap up the show by telling me something i don't know. this is "hardball" as chris said where the action is. >> a mother of a daughter over the health care bill has gone viral after her congressman refused to see her. her daughter loretta has a liver problem that carries an out of pocket medication cost of $12,000 a month. before obamacare, insurers refused to cover the four-year-old. anderson was escorted from congressman patrick mchenry's office in north carolina who voted for the gop health care bill last week. take a look. >> making my child uninsurable. first thing, it's not her fault. it's not okay. if l

i'm mellissa lee, check out the action. happy memorial day, >>> my mission is simple, to make you money. i'm here to level the playing field for all investors, there's always a bull market somewhere. and i promise to help you find it. mad muffin starts now. >> hey, i'm cramer, welcome to "mad money," welcome to cramerica, other people want to make friends, my job is not just to entertain you, but to educate and tweet you. every time i come out here for two reasons, the first one is obviously i like adventure, but secondly, i want to help you're build and preserve your wealth. we live in a time where it's difficult to maintain wealth unless your born that way. there are millions upon millions of people in this country, but there simply aren't -- the truth is if you want do become really wealthy in this country, unless you're born with a silver spoon in your mouth--invest it wisely year after year, you can make your wealth grow to the point where you become, if not filthy rich, then at the very least, financially independent.

. >> i'm mellissa lee. thanks, for watching. "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's 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. welcome to our invest in america, defining the future series from cnbc one market in san francisco. other people want to make friends, i'm just trying to make you some money, my job is not just to entertain, but to coach and teach you. email me or tweet me @jimcramer. this trump trade, the dow advancing 36 points, s&p climbing.02%, and i think the president is starting to confuse the heck out of everyone in the business world. this show is about investing not politics. tru you should not invest based on his musings. stocks are going up because of self help and because of mergers. and there are those that are going down because of the uncertainty created by the president's tweets and

. >> i'm mellissa lee, thank you so much, see us tomorrow at 5:00 from las vegas. meantime, do not >>> 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, my job is not just to entertain you but to educate you as well. so call or tweet me yaat jim cramer. and maybe the trump trade is all about not paying attention to donald trump. i have to tell you it's shocking to me that the president can fire the fbi director. out of left field, possibly for his handling of the hillary clinton e-mail investigation something that possibly got trump elected. but more likely because of the russian probe, and the stock market was down points. even if the s&p actually is lower than 11%, not taking advantage of the 4%, have the investors simply stopped caring about the stuff or was comey so hated by both parties that no one was bothering to freak out? and look it's not just the sto

. >> i'm mellissa lee, thank you so much >>> my mission is simple, to make you money. i'm here to level the playing field for all investors. there's always a bull market somewhere. i'm here to help you find it. "mad money" starts now! >> hey, i'm cramer. welcome to "mad money." welcome to cray america. other people want to make friends, i'm here to educate and teach you. call me or tweet me @jimcramer. on day two, they go for growth. that's what this market found to its liking today. dow gained 56 points, s&p advanced point 37 and indeed 73 after yesterday's nasty pasting. it's worth talking about why they're suddenly piling back into these growth stocks with no hesitation. first, you may be wondering, cramer, who the heck is they? they are the money managers, the big ones on the day after a sell-off like to take advantage of every dip to do buying because they've gotten so few chances to pick up stocks at bargain prices of late. many investors look at sell-offs like yesterday and say, oh, boy, here it comes, look out, the sky is falling. they started out very bold, li

. >> mellissa cookston has won it all twice.he's a bar-b-que superstar in her quest for the perfect plate is now raising her own hogs. >> are they cute? >> reporter: each team has their own recipe for success, secret seasonings or sauces, there is a common thread. >> the whole idea of bar-b-que, cooking out, being with family. >> reporter: anyway you slice it. >> i don't think there is any right or wrong way to cook bar-b-que. i think it's good when you put it on the plate. >> reporter: clearly, they're doing it is right way here in memphis. jay grey nbc news. d >> its sloppy mess by the time i'm done walking through there smr perfect bar-b-que weather. it makes you hungry and hopefully people can get out and do it this weekend t. weather is changing. few like the heat, we will go into the weekend, we will have cooler temperatures. so if you don't like the heat, you will like this weekend. the good news though we look ahead of next week, memorial day weekend actually does look like it's shaping up to be pretty good. that's good

. >> reporter: hi, mellissa. the president says the vote in the house for obamacare was a sign of unity and show they can get things done and tax reform is coming up next. >> we're going to get this finished. then we are going. as you know, we put our tax plan in. it's a massive tax cut. the biggest tax cut in the history of our country. i used to say the biggest since ronald reagan. now, it's bigger than that. also, pure tax reform. so we will get that done next. this really helps him. >> before we can get to all that, there are still a lot of pieces that need to fall in place t. senate needs 51 votes to pass through the upper chamber using a process known as reconciliation. the bill that's expected to undergo major changes along the way. majority leader mitch mcconnell said the status quo is unacceptable, but an aid said he won't bring this bill up for consideration until we get a cbo score that offers a little more clarity on exactly how much this bill is going to cost. meanwhile, another republican senator, l

live from the nasdaq markets overlooking new york city's time's square, i'm mellissa lee t. traders are pete najerian, tim seymour, dan nathan and guy adami. tonight on "fast" something they haven't done since the dark days of the financial crisis a. top technician says look out below. he'll explain why he's so bearish. plus get this, shake shacks are usually the best burger. now wall street's most hated stock. could that signal a buying opportunity? gartman's says bitcoin investors will face the one thing has them beefing. first, you start with the nasdaq near record highs, the fang stocks leading the pack higher. but caution, this is the no fang zone, like the no school zone, but even better, because outside of fang, there are some other, scare we say even more lucrative opportunities. other tech names are soaring. square is up a whopping 67%. tesla and ali baba up 40%, invidia is up 36%. is it time to start betting on some non-fang tech zone? no fang zone? >> a food job with all these great, great for a tuesday, mel, well done. yes, there are names you can invest in, in t

i'm mellissa lee. we are at the

live from the nasdaq markets overlooking new york city's time's square, i'm mellissa lee t.adami. tonight on "fast" something they haven't done since the dark days of the financial crisis a. top technician says look out below. he'll explain why he's so bearish. plus get this, shake shacks are usually the best burger. now wall street's most hated stock. could that signal a buying

money" starts right now live from the nasdaq markets overlooking new york city's time's square, i'm mellissages on. the stock having its best start of the year since 2012 and goldman sachs says it can go a lot higher. we will explain. plus the retail rack rages on after a dismal week. we will hear from a former ceo j.c. penny whether or not this is the death of the department store, later, twitter says they have a way to make it easier for the white house.

live from the nasdaq markets overlooking new york city's time's skwooir square, a i'm mellissa lee, tonighthing it could mean trouble for the entire market. what have some warning aboutant auto apocalypse. >>> plus the united ceo in the hot seat testifying what went wrong when a presentation was forcibly taken out of airlines, what the repercussions could be? later, twitter soaring after ll

like from the nasdaq markets site overlooking new york city time's square, i'm mellissa lee.than seymour, is the bromance over? elon musk might be taking a step to distance himself from president trump. what is causing the beef and what it could mean for the stock. palo alto soaring after hours t. current shareholder cyber security fund has a bone to pick. you won't want to miss this. >>> late

good morning, mellissa. >> i'm looking at 66. they moved the cam kra on us.tter. we have cleared all the lanes, inbound suitland parkway, before stanton, a broken down vehicle is blocking the roadway. >> we will take a short break and check your forecast next. stay with us. ♪ [doorbell] ♪ ♪ ♪ when you have doctors working as a team for your health, you get the care you need to help you thrive. ♪ visit kp.org to learn more. kaiser permanente. thrive. ♪ . >>> good friday morning, cloudy skies right now, temperatures mostly mid to low 50. so you might want a light jacket this morning. we do have rain on the way, though, it will mostly be here overnight and into your saturday. you will be waking up with rachael. tonight, few head out, grab the umm bella. we are dry for mother's day, maybe on isolated showers, nothing to ruin your plans, we're in the mid-70s, also, much warmer as we go into next week. >> thank you, another local news update in 25 minutes. we are now back to the "today" show. >>> it's 8:00 on "today." coming up, not holing back. >> he's a showboat.