i know this because i know micron's history.ack in november of 1993, dram demand started soaring when the stock was at $3.80. it peaked in september of '95 at $47 on a legendary call by a top flight semi-analyst who noted that demand had been overwhelmed by new supply. the tipping point had been reached. bingo, less than a year later the stock was back at $8. boom, then bust. we got another cycle that started with micron, this time at $17 in april of 1999. it rallied to an outrageous $98 in june of 2000 as the dot com bubble was in full swing. of course that was followed by one of the most precipitous declines i've ever seen. it plunged down to 8 bucks in january of 2003. noticing a pattern? it stayed down until november of 2012, when it stood at $5. two years later micron went to $36, where it peaked, pir wetted and fell back to 10 bucks in february of last year. this most recent run started there, and so far the stock's gone from $10 to 28 bucks, which is the smallest percentage gain of any of the boom-based rallies that i jus

micron is 5% of this index.d quite significantly and as micron has moved up so has the semiconductor index um 10% for the year. that is one reason tech has been a market leader overall. we've got a few new highs today and interestingly besides micron lam research is at a new high, kla 10corp also at a new high today. as for what the market wants, my unscientific poll of traders in the last 24 hours, it's very clear, they want to move on. and they want a clean tax bill, not the complications with the border adjustment tax. a clean package of tax cuts, obviously they would like 20%. seems unlikely that will happen, but some kind of cut with no border adjustment tax. too complicated, too difficult, and to satisfy the conservatives who are not going to vote for a clean bill, we've seen the freedom caucus enboldened, they certainly won't do anything that will increase the deficit, some time of provision, a sunset provision after ten years exactly what happened with the bush tax cuts. everybody seems to feel that's th

micron reports next week and when micron reports, remember, they pre-announced earlier how well they're doing. and the stock didn't go up. so now they got to beat that pre-announcement which makes it even harder. some people on twitter say, oh, jim, you've turned off on micron. no. it's just when you pre-announce and the stock doesn't go up, there are people who say wait a second. enough is enough. i still like micron, but the pre-announcement does take away from the actual, which is why we got to wait. how about scott in connecticut, scott. >> caller: hey, booyah, jim. thank you for catching me. >> no problem. >> caller: hey, high max technologies. it's increased in the past two weeks, and i want to see if i should buy now or did. >> no, man. you're way too much of a risk taker. if you want to take risk, go buy nvidia. much higher quality, great growth and certainly more diversified. all right. what can i say? let's talk about secular, baby. esports is a powerful theme, and that's great news for these plays. much more "mad money" ahead. is the u.s. becoming a deregulation nation? we sh

micron technology back from the dead at 32%. i'm going to tell you trite now. i think the most compelling story of the small caps, the russell 2,000 took off like a rocket post election. the index was in free-fall and for a noiment was all over. but now up 2% for the square and all of those gains made this week. speak of reversals. don't look now. but vulcan materials hit a low monday.

you heard jim talk about micron.shing the other semiconductor stocks to the upside, xsd you want to look at, remember that's also off historic highs a short while ago here. sectors this week up very simple, the trump trade very much alive. this is the classic trump trade here, financials, industrials and materials on the upside. interest rate sensitive groups like telecom on the downside. finally, you heard about that announcement from our parent nbcu about a $500 million investment in snap. this could be very important for the stability of the stock down the road. remember, they announced their long-term investors more than a year, that's a substantial investment $500 million. so in a sense they could be a factor in stabilizing this stock because they are potential sellers that are not going to be there that are ownership in the stock. i noted yesterday many of these ipos have these six-month cliffs where the stocks tend to move down after six months first earnings report out, people tend to lighten up on their inve

and micron's jump. and a twitter subscription fee. >>> and also coming up, debating some beaten down energy names. and all next week, the halftime quarterly report. how have our traders done so far this year. we're talking about wins and losses, success and regret, all next week on the "halftime report." can i get some help. watch his head. ♪ i'm so happy. ♪ whatever they went through, they went through together. welcome guys. life well planned. see what a raymond james financial advisor can do for you. >>> only one component president cnbc iq 100 hitting a multi-year high. that's micron after yesterday's earnings report. the cnbc iq 100 is up 28.5% in the last year. for more on the cnbc iq 100, go to cnbc.com/iiq100. >> we've lost 50 points in a matter of minutes. the thinking is this. as we reported, speaker paul ryan, a few moments ago, headed to the white house. there was a line of thinking that perhaps paul ryan is going to tell the president that they simply do not have the votes on the gop side t

i think when you look at micron right now, everyone talks about it as a comedy product.the problem. they have exposure to apple. positives to take away, there are better names than that right now. there's upside, though, for sure. >> what names? >> upside, by the way, micron, could be a $30, plenty of upside there, but i go right back to the main names for apple. >> micron's about to make a new high, the prends go back to last may, almost a year. >> does that bother you, though? i mean, that's always coming up at some point in the conference. >> i agree. i have to edge on that. i say take a look at the 50-day, trail your stock with that rising 50-day. that'll get you out if something like the commodity affects people's opinions, but until then, the stock is up. >> new at noon, discussed earlier in the program, a new note out from pimco saying, post-trump, we sold out of the u.s. bank equity position. been able to get the note. we have the note now for context into what they are saying. it's a conversation between a credit product specialist, and their global head of fina

. >> look, i come back and i say technology was so sold down yesterday and yet look there's micron, microning a really great quarter. micron's total commodity, but credit suisse goes from 30 to 35 on momentum. the momentum is not -- the momentum at micron is not stopped by repeal, replace, repair. it's just not. and we can totally equate aca to everything, but i think we make a very big mistake. i do not like the retailers. some people are saying to me, jim, if sears goes -- well, sears has been a shared donor forever. i don't want them to go. i like how they give a little share every month to home depot. i don't like retail, but i do like tech. i think tech is good. i think people want to sell tech. making a mistake. i think that industrial's good. i think that industrial got taken down 1.5% yesterday and i see a lot of good happening there too. 3m in particular. >> yeah, big proxy for global growth. >> a dow stock i think can offset -- by the way, the drug stocks. i've been waiting for the drug stocks. i can't tell you how many people in uk told me you know bristol-myers is in play. i ke

a different story for micron technology. the stock rallied more than 10% after the chip makers beat street estimate thanks to strong demand and higher prices for its memory chips. lauren: wikileaks has released new documents that shows how the cia infected devices over the past decade. the methods are hard to detect and they can remain on a mac even after the hard drive is erased but security experts say there's nothinnew in the documents and apple said the flaws were fixed in all macs launched after 2013 and the iphone problem was fixed as well with the release of iphone 3g back in 2009. nicole: it is time for sports, check your brackets, ncaa men's tournament. arizona against xavier, former wildcat steph curry. xavier not letting down. there it is. under a minute to go. tied to 71. gets the bucket. xavier up 2. a 3-pointer, is it good? and no good. xavier pulls off another big upset. bill murray was there cheering for his son. his son is an assistant coach. oregon versus michigan. this one also a nail-biter. the great move

after the loews, micron, gamestop and kb home. >>> the house is scheduled to vote on repealing and replacing obamacare with the gop's american healthcare act. president trump and house gop leaders are making a major push to get the 218 votes needed. late last night the white house reportedly offered a tweak to the plan by getting rid of the set of men mum benefiinimum ben insurers are not providing customers. >> let's go to fast money trader guy adami. how are you? >> thanks for having me on. >> our pleasure. let's discuss the bounce back yesterday in equity markets. do you frame that as a victory for the bulls? >> not necessarily. think about it, a bounce back, it wasn't some resounding bounce back. the s&p was up four handles or so. let's put it in context. this is a market that has cut back in the last seven years in an amazing way. every time we've seen a selloff of any magnitude. though yesterday did not inspire me much, the resilience of the market is something to behold. we can talk about some of the flies in the ointment and things, but in terms of yesterday, i thought it was a desed

and micron -- so we have an iphone that is super cycle. what can i tell you?ech is doing great across the board. people didn't expect that. people bet against tech. >> as you said it's a contrarian quarter. you would have thought just based on some of the things that the president said in the past that maybe tech won't have a great quarter, maybe health care won't have a great quarter and energy is the place to be and it was the completely the -- completely the opposite. >> there was a belief that somehow silicon valley would be hated by this president who would exact retribution on those who gave money to clinton. it was the opposite. open mind, open heart is the strategy, on the committee. he has lunch with trump and merkel to talk about apprenticeship. apprentice close to the game. it's something that trump cares about. >> he did tell merkel you're fired. handed her a bill -- >> i didn't know -- >> get out of here. >> they're not as chummy as you think. but you're right. when you look at the companies that went up, panera bread heavily shorted. because all

that's for micron. lots of volatility tied to health care reform.er it's time to buy safe haven stocks next and if so, what to buy. >>> also coming up, the head of the american trucking association. he'll tell us what was said in the meeting with president trump a short time ago and whether his organization is backing the new health care bill. we're back in a moment. introducing conduent. one of the largest business process companies in the world. whether it's in health care, customer care, technology, transportation or government. we touch millions of lives every day. conduent. advancing the everyday. >>> welcome back. it's time now for a cnbc news update with sue herera. hi, sue. >> hi, kelly. they say they will oppose kneel gorsuch's nomination. they're urging them to block it with a filibuster. >> i've thought long and hard about this nomination and what it means for the future of the supreme court and the future of our country. what is at stake is considerable. >> belgium police thwarting a car attack in antwerp. the man attempted to drive a ca

micron stock, by the way, more than doubling last year. up 7.25% today.e of course watching every moment, movement on capitol hill as we get closer to what we believe will be that critical vote tro repeal and replace obamacare. but could the president's ultimatum knock the trump train off track. we shall see. richard goodstein play politics as the vote nears. countdown is coming right back ( ♪ ) i moved upstate because i was interested in building a career. i came to ibm to manage global clients and big data. but i found so much more. ( ♪ ) it's really a melting pot of activities and people. (applause, cheering) new york state is filled with bright minds like victoria's. to find the companies and talent of tomorrow, search for our page, jobsinnewyorkstate on linkedin. search for our page, . . ashley: house speaker paul ryan and his deputies making a last minute appeal to win over republican holdouts get it passed through the house f that doesn't happen, does paul ryan become a scapegoat? is his leadership role in doubt? what would it mean for the rest of

. >>> strong demand for memory chips helped micron's earnings. that's where we begin tonight's focus. the maker said demand along with a price raise helped results, revenue up 58%, year over year. and shares initially spiked after hours following report adding to a more than 1% gain during the regular session. they closed that session at $26.47. the packaged foods maker con agra said fewer discounts helped, but the maker of chef boy ar dee pasta and ready whip, they don't go well together, said overall profit and sales slipped due to foreign exchange rates and the company stop ipin the sale of some of its less profitable items. it's moving to more premium. con agra off at 40.35. >>> penn national gaming raised its first quarter guidance thanks to strong, broad-based property performance. also, last night, the casino and racetrack operator said it will be a to the s&p's index on monday. penn national gaming rose nearly 12% today to $17.18. >>> and shares of pvh continued to rise following yesterday's after the bell earnings. the owner of calvin kl

micron, stm.of tech right now. >> such a great story. >> hinge he koild keep gone. >> yeah, it's already, i think, double or so in the last year or so, pricing ape whatnot. thank you forever joining us. evan, what about you? >> if you step back, depends on what you believe happens in the next year or so. you know, i continue to like overweighting in the energy area only because if it's inflation story or global growth story, then that sector should do well. not saying it will do well. >> this is an investment you can afford to lose. you're not throwing all eggs in one basket. >> we talked about, you know, i think the story of this year and first quarter will be what happens with financials. i'm not been a fan of the financials. it's not because i don't think interest rates move higher. i think they will. you'll continue to see a trend of commoditization of advance, the big story of the first quarter should be harvard endowment thrown in the tou. going to robot computers, eatsing park saying enough

index just replaced intel with micron. micron is up 76% since july. intel just 8%. talking about intel, under some pressure today after being downgraded to sell from the number one semiconductor analyst at bernstein who calls for 15% drop in that stock from here. it's our call of the day. jimmy, you first, then pete. >> look, it's a bold call. i disagree with it. the winds on intel blow back and forth every quarter. two months ago we were seeing pc demand in the policy season was better than expected. i'm going to go with the simplyist explanation. economic growth picking up. unemployment picking up. it's not just pcs that are going to be in demand. it's going to be the data center group, an important part of their business, as well as mobile, phone, internet of things. all of these things are going to propel intel forward. you might -- somebody night not want to own it, fine. but to put a sell order on it, to sell it short here, down 15%, cry zi. >> the analysts here, the headline on the note which i have here is the first stage is always denial, the headliner. are

be the best quarterly showing in six years, it might be better than that, the first 12 companies, micronnike, oracle, they've reported average earnings gained of about 12%. those have also seen the best quarterly gains since the second quarter of 2018. it's not just earnings, revenues are expected to jump more than 7%. >> that would be the best growth we've had in five years. so what's the key to these rising numbers? first, the two biggest sectors are technologies and financials. they're set to deliver earnings gains of 15% apiece. that's huge. these are the two biggest sectors, second, energy earnings, after nearly two years of decline, you know what's going on there, they've turned positive as well. is there any risks? yeah the big one is to oil. the ability to pull off big gains in 2017, it seems problematic. oil is in the new 40s, many of the earnings estimates closer to $60 a barrel. but the average price per oil this quarter is $52, and that might be enough to pull off expectations tore earnings for the oil companies this quarter t. bottom line is the markets are about to enter a

she has a problem in that her rivals, like a manual micron, can be seen with angela merkel and theresa emmanuel macron. she has only met as heads of state the head of state of leven on and off chad. meeting vladimir putin shows she can be presidential and talk directly to some of the most powerful people on this land. but is it a wise meeting, given some of the accusations that have been levelled at rush hour over its alleged interference in your selections. there is a lot of fear about that in europe, as well as conspiracy theories on rumours that russia is supporting the far right. my russia is supporting the far right. my feeling is that with her supporters it will go well, because she can show that she is anti— system, that she is a rabble, and that she can go and meet the outcasts of this world and talk with the incarnation of the evil empire, vladimir putin, and that certainly goes well with her supporters. it does not go well, obviously, with many mainstream voters who are sensitive to the accusations about russia meddling with the us or european elections, or the case of ukrain

we got calls on intel, we got goldman on micron. lot more "squawk on the street" from post nine in a minute. hey gary, what'd you got here? this bad boy is a mobile trading desk so that i can take my trading platform wherever i go. you know that thinkorswim seamlessly syncs across all your devices, right? oh, so my custom studies will go with me? anywhere you want to go! the market's hot! sync your platform on any device with thinkorswim. only at td ameritrade so beautiful. what shall we call you? tom! name it tom! studies show that toms have the highest average earning potential over their professional lifetime. see? uh, it's a girl. congralations! two of my girls are toms. i work for ally, finances are my thing. you know, i'm gonna go give birth real quick and then we'll talk, ok? nice baby. let's go. here comes tom #5! nothing, sps us from doing right by our ctomers. ally. do it right. whoo! look out. >>> morning getting busier now with auto sales. let's get more with phil lebeau in chicago. >> carl, last month ford sales dropped

also out will be home builder general mills and chip maker micron.xisting sales on wednesday, new home sales on thursday, and durable goods on friday. disney is looking for big numbers from the remake of "beauty and the beast" taking in $16 million on thursday. that's the biggest from disney. it could top $125 million, making it one of the biggest march openings ever. >>> the old hippy days when i used to carry my guitar case down spruce street. >> that's john oates of hall & oates fame. tim furlong traveled to tennessee to talk to him about hoagie nation pennsylvania is getting the law requires many to get their child abuse clearances. are you one of them? if you're a coach sunday school teacher a scout leader camp counselor many people who work or volunteer with children may need their clearances. pennsylvania means business when it comes to protecting our children. thank you pennsylvania! find out if you need to get your clearances by going to keepkidssafe.pa.gov paid for with pennsylvania taxpayer dollars. . >>> tickets went on sale friday for th

micron technology back from the dead at 32%. i'm going to tell you trite now.compelling story of the small caps, the russell 2,000 took off like a rocket post election. the index was in free-fall and for a noiment was all over. but now up 2% for the square and all of those gains made this week. speak of reversals. don't look now. but vulcan materials hit a low monday. if you didn't get into the first time i think it goes back to 131 very quickly. the underlying fundamental story remains high. charles: we'll discuss gun rights and americans fighting back. at crowne plaza we know business travel isn't just business. there's this. 'a bit of this. why not? your hotel should make it easy to do all the things you do. which is what we do. crowne plaza. we're all business, mostly. charles: there has been a lot of talk of a return to law and order in this country. a lot of americans are already fighting back. i'm not talk about village land tee stuff. just people standing up for themselves. john croft, 79, woke up to a command of don't move. that's when he shot and kill

in addition to nvidia and intel, we also saw strength out of micron i had the report on thursday.s of bullish call activity. rise up more.m.c. than 6% on bullish comments. the analysts thinking there is more upside available relative to revenue. look at the one-year chart. the stock is on fire up more than 400% over the last year. a big turnaround. one point to be made. is this sector overextended? the bloomberg analyst told me recently he has a big concern about valuation. 3925. look at this is a long-term chart of the stock. the semiconductor index is approaching its 2000 highs on the extended valuation. there may be reason to think we could see a turnaround. the question everybody is asking, what is going to be the trigger for the potential pullback so many are looking for? caroline: amazing topping the leaderboard today. we will see how long that lasts. you know the u.s. inside out. you keep a keen eye on europe and asia. any records for the tech area there? >> there are. there were a number of records today. sat hitting a record high. checkpoint security hitting a record high

they have a pen versus micron. much like what we see there in the u.k. as a poster here in the states, what are you looking at? what are you finding out this fire? >> there's definitely a trend towards the anti-globalization movement. people want their country back. they want to put their country first come of values first and jobs first. they want to put their people first. not necessarily rational argument. everybody is really trying to understand why are people not thinking this all the way through. what is happening is people plus a bit of identity in all threatened by all the things they've had to give up in order to get to the global economy. we see a lot of individual folks say i want my identity back. that's what this is really about in the global play. people are almost afraid to say it out loud because it not an intellectually -- it's about pride in your country. it would be accountable to be a disaster. >> i don't think it's going to turn out to be a disaster. lauren: nigel farage would agree with you. thanks for joining us this morning. nicol

the micronic senators are saying i don't want to be hurt, so will vote against. republicans are saying is okay, we'll change the rules. it's a majority vote in the senate. bingo. 51, 52 votes, get him in. it will take even longer, that's exactly what will happen. the republicans will never walk away from gorsuch. he will be on the supreme court. >> harris: can we talk a little bit about how the democratic party has been hijacked and why this is such a great example of that? you have some in the party who might come to the table for gorsuch. >> meghan: you've got the formea solicitor who said he has worked with him. he votes per has a value system, he votes per details of each case. there is a such huge political penalty to become neutral. some of the questions have to do with all sorts of things and he doesn't even care what the answers are. >> bill: send them to me. i'll answer them for you. >> meghan: is chuck schumer this powerful? if i were an up-and-coming young democrat trying to change the face of a party, i think i would say get out of here. >> bill: i've

. >> i think micron. >> i want to know if you think it is rigged.ow the expression. >> five in a row? final trade. >> netflix will get you done. >> i'm melissa lee. see you here tomorrow. "mad money" 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. other people want to make friends. i'm just trying to save you a little money. my job is not just to entan but to kaech and coach you. so call me at 1-800-743-cnbc or tweet me @jimcramer. nobody. i repeat nobody likes to be disciplined. they don't like to be

micron is doing ok.hink investors were ever realistically thinking there was a big probability of taking marine le pen power in france, but she could cause some nerves. the markets tended to anticipate things. as you get closer, i would say now they are starting to get to a point where they think it is an unlikely outcome. time to load up on all sorts of euro bonds, and if so, what? john: not really. ofs is fading a little bit excitement ahead of the dutch election and now the french election. this is just warm up perhaps for longer-term concerns about the euro. we think there is a small but real chance that a foreign -- five star led government could be formed in italy over the next 12 months or early next year, and that would be a bit of a game changer. clearly think the ecb are increasing less comfortable with monetary policy. it is quite likely they will begin to taper qe next year, maybe replace it with long-term recuperation, but the support is coming from the ecb. if that fades, the miskick premiu

we used to love talking about micron because we had all these lord of the fries.s higher this morning after jeffries upgraded it to buy from hold. under armour shares have lost more than half their value over the past year. there it is. thank you. jeffreys says the stock is now at an attractive entry point given a compelling growth story. >>> nomura instanet has raised its price target on apple based on high hopes for the iphone 8 upgrade cycle. the firm rates apple a buy. >> i love when they raise it after the fact. >>> when we return, congressman mo brooks on today's health care vote. he has said he will vote no. later, stocks in the health care sector you should consider for your portfolio. no matter what the outcome of today's vote. right now, as we head to a break, the ten-year note yielding 2.42%. you can't predict the market. but through good times and bad... ...at t. rowe price... ...we've helped our investors stay confident for over 75 years. call us or your advisor. t. rowe price. invest with confidence. we're drowning in information. where, in all of th

. >>> micron earnings beating the street.he chipmakers results helped by stronger demand and higher prices for memory chips. >>> kb home topped estimates on top and bottom lines saying they are benefitting from a forgaavoe housing environment. >>> shares of oxford industries dropping this morning. the owner of tommy bahama posting earnings below wall street estimates. i don't know that brand. >> clothing brands. one is for men, lifestyle, resort wear, the other one lifestyle resort wear. >> as well. >> yes. >>> amazon winning 1$1.5 billio in a dispute with the irs over its transactions with a subsidiary. the u.s. tax court made the itself made arbitrary determinations and abused its discretion in several instances. >>> and macy's naming jeffrey gennette as its new ceo. no move in the stock price. >>> still to come, washington takes center stage this week from healthcare to supreme court nomination hearings to an update on the proposed travel ban. we'll tell you everything on the agenda here. your path to retirement may not al

we had micron that was great. and we had red hat that was great.at are independent of washington. that's what i've been trying to tell tell you. i'm jim cramer and i will see you tomorrow. >> welcome to the shark tank, where entrepreneurs seeking an investment will face these sharks. if they hear a great idea, they'll invest their own money or fight each other for a deal. this is "shark tank." ♪ my name is barbara lampugnale, and i live in west hartford, connecticut. i am a mother of six girls, two of which have gone off to college. (chuckles) my girls and i absolutely love doing fun things together, so on sunday nights, it's become tradition that we all get together and paint each other's nails. do toesies. it was on one of these nail nights where my idea just hit me. wow. with the economy being the way that it is,

jimmy mentioned micron and oracle had great numbers.numbers and nike had some disappointment on the guidance and the stock went down, but if numbers were good on the reported numbers. we see revenue gains of 6, 7, 8% on average. there's only a dozen but the early signs at least are pretty decent for earnings. the hope is that once the market understands it's not just the trump agenda we're high priced because the numbers are going up even independent of tax cuts adding to things the market hope here among the bulls is that that will stabilize things. can better earnings commentary help move the market? we'll find out in the next couple of weeks. there's a lot of damage to the market. look at your etf leaders. some of this is fundamental. you know about the problems with retailers. the retailers had highs in november and december and straight down ever since then. the exploration companies moving towards a 55 to $60 oil if not $54 oil. another fundamental problem there. regional banks we were supposed to be moving up on interest rates, t

lumina, micron technology and apple rounding out the nasdaq as well. i will send it back to you. connell: thank you, lori. melissa: here is a quick check on oil, settling down more than a percent to $48.22 a barrel as the rise in oil rigs raised concern about a glut in production. analysts are worried about the change in the g20 policy around global trade. connell: the clock is ticking as we know on the president's plan to repeal and replace obamacare. president trump gearing up for a rally later this evening in kentucky. two major hearts meantime taking the spotlight in our nation's capitol today. blake burman is all over it all. he is at the white house with the latest. blake? reporter: hi, there, connell, it is one of those days of where do you begin? the world's richest person was here at white house today. that might be the fourth or fifth biggest headline out of the white house. let's start with bill gates. he was here at the west wing speaking with the president. white house press secretary sean spicer said talking about gates foundation work and desire to stop disease out

. >> micron the same thing. my favorite is intel.hem. >> we have 15 seconds left. >> i'll take them all. the trade i put in yesterday which is short treasuries. i still think that yield pops up. >> you did leave me time. it's been a great quarter for stocks. we'll see what the next one brings. the next hour "power lunch." >>> i'm michelle caruso-cabrera. here is what's on the menu. commerce secretary telling cnbc this morning, you're worried about a trade war? we're already in a trade war. he says we've been in one for decades. what the administration says it's going to do about it and what the impact will be on u.s. manufacturers. that's first. the details strit ahead. also, rebuilding america's crumbling infrastructure, and there's a lot of it as we've told you. we're going to tell you how to profit by investing in one of america's most hated airports. i hope their on time payment rate is better than the ontime arrival rate.

micron is rising on earnings it hand di handily beat the chip giant's prices. manufacturing efficiencies helped drive gross margins higher. that stock a real stand out to the up side today. a gain of about 7%. >> it was up almost double that earlier. it's interesting the way this turn here overall has taken a stellar performer like micron down a couple of notches. >> we're awaiting a house vote which is supposed to take place during this hour. for more on the health care sector impact, let's bring in two guests. welcome to you both. ipsida, let's start big picture. when we're talking about the health care sector itself, let's say the bill doesn't pass because that was the latest reporting kayla was bringing to us right now. if it does not pass, who does that help and hurt the most? >> well, high drama here in washington today. thanks for having me on such a busy day. if it fails, well, if it fails that's obviously bad for republicans. and i would say that likely the hospitals would rally because it means that health care reform might not be happening. managed c

had an interesting opinion poll this morning, 55% of startups prefer a manual micron as a candidate -nuel macron as candidate and small and medium companies favorite marine le pen, big businesses, 45% prefer filon as their candidate. francine: is the issue of -- how key is the issue of immigration? >> it is a concern among the french people. it is a security concern, given france has had to face terrorist attacks over the past two years. ron said that marine le pen was lying and she claimed she could ban even legal immigration. she fired back, saying macron was too soft on immigration. marine le pen is the strictest on immigration, she wants to cap immigrants to 10,000 per year and add a 10% tax on foreign workers. she wants to reinstate border controls. filon have a softer approach. , his priority is to deal -- theyugees and priority among the french people is on the economy front, the top three priorities among the french voters are the jobs, french power, and welfare protections, immigration comes as number four in this election. francine: thank you so much. let's stay with immigra

micron going bananas. this has been a quiet preannouncement season. this bodes well. >>> here's what else is coming up on halftime report. >> blackrock overhauling its active stock picking business. planning to use more computers. the dao bait on man versus machine ahead. >>> dunkin brands cut to sell at sax. it's our call of the day. >>> plus, the halftime quarterly report. we're tracking the best winning and losing trades so far in 2017. scott wapner and the traders are back in two minutes. ckn two min. usaa gives me the peace of mind ckn two min. and the security justike the marines did. the process through usaa is so effortless, that you feel like you' a part of the family. i love that i can pass the membership to my children. we're the williams family, and we're usaa members for life. we cut the price of trades to give investors even more value. and at $4.95, you can trade with a clear advantage. fidelity, where smarter investors will always be. >>> shares of dunkin brands under pressure today. the firm citing peak valuation, risk bs to growth as

. >> you go to the chips, mike-on-sky-- micron. oracles. it is broader than we put it out there. this is a great trade going on. >> i just add other one salesforce.com people are worried about on valuation, it had miserable last year, it was down 13% of the year. it's 25% this year, late in the day i know you saw it. call buyers, 85 strike in june. above the all-time high, playing for new highs. here's the thing, we talk about this a lot on the program. option premiums are keep. you are not risking a lot par tis makes. if you are worried about all time highs and getting too giddy on a near-term top. there are ways to find it. >> sold off that stock, primarily based upon, they thought it was going to make a bad acquisition. >> bingo. >> but now that that's maybe pushed to the side he will make a foolish acquisition, i think there is much more upside, giddy up to you. >> coming umm, shares of lululemon, the stock is tanking. look at that, down 18% right now following its earnings report and guidance, we will tell awe caused the retail wreck. plus, one thing the markets are getting

symantec, microsoft, micron, intel. tech has been such a high-flyer, with markets a little shaky investors glued to washington. we've seen a little bit of pause, some pullback here. so we saw a bit of a relief today. back to you. david: lori rothman, thank you. melia. melissa: proving the president's claim? members ofhe trump traition team including president trump were caught up in quote, incidental collection of communications of legal surveillance operations of foreign targets. according to devin nunes our blake burman is live at the white house with latest on this one. interesting turn of events, blake. reporter: there is a lot to sift through, especially devin nunes came out here in front of the cameras at the white house after he spoke with president trump, basically could unveil some things but not others clearly because of the highly classified nature of it. the headline, no doubt the chairman of the house intelligence committee saying there was quote possible surveillance activities that he has been able to see

by the way, micron just got added to my list. symbol mu. only on a downturn. just to be sure, when i used the tarp example, i'm laying out an ridiculously extreme case that i do not think will happen no matter what. that said, i'm so sick of hearing about how badly this failure to pass this legislation will hurt trump and the stock market that i picked the worst case imaginable. help inoculate you against panic because as you know if you're a close watcher of "mad money," no one ever made a dime panicking. here's the bottom line. get your plan in place. be ready for all considerations. but most important understand that the republic, it's not in jeopardy. it's not in jeopardy with the postponed obamacare repeal vote. there is no systemic risk, and there are so many companies doing well regardless of washington that a selloff could give you just the break you need to do some serious -- >> buy, buy, buy. >> -- buying. ed in texas, ed. >> caller: booyah, jim, from sunny houston. love your show. >> thank you so much. thank you. what's going on? >> caller: well, th

>> i think micron. >> i want to know if you think it is rigged. >>er you know the expression. >> five in a row? final trade. >> netflix will get you done. >> i'm melissa lee. see you here tomorrow. "mad money" 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. other people want to make friends. i'm just trying to save you a little money. my job is not just to entan but to kaech and coach you. so call me at 1-800-743-cnbc or tweet me @jimcramer. nobody. i repeat nobody likes to be disciplined. they don't like to be admonished, and they don't like to follow the rules. i don't blame them. i was a rambunctious kid myself when i started managing my own money, and at first i didn't know the rules. then when i learned them, i spurned them either because i didn't believe they could help or because they cut off my upside. even

if one wants to look at the scraps for optimistic side of things it would be a victory by micron in francewho could work on a partnership with germany. the old german-franco alliance. the center of the progressive solution to these particular issues. yes liberal. yes open. in a wave it is also meant and designed to take care of those most affected by change. a european solution to this which is inclusive growth. that's where the potential for europe resides. anna: let's get through these elections. he did point me towards this 27,ect, asking the other was the what you're up to look like? , don't we?get this thank you for your thoughts this morning. staying with us here on daybreak europe. manus: china's producer inflation surges. why are consumer prices not giving up? anna: crude could come back or not. a sharp drop, find out if u.s. will handle opec strategy. manus: in aisle three we headed to the checkout with a basket of financials as this supermarket releases its latest comedy results. this is bloomberg. > opportunity for> europe and players to take advantage of precisely these constru

they're less than 2.5 microns across, which means you could fit 400 in a single millimetre.loodstream. the largest particles get caught in the nose but the very smallest can pass through the nerves that connect the nose to the brain and it is possible but not confirmed that they can cause what are called could clacks — breaking the connections between brain cells leading to dementia, though this is not proven. uk scientists estimate that air pollution cuts british lives by an average of six months. it is linked to heart attacks, lung diseases and asthma. pollution limits are breached by 23 of the 28 countries of the eu and the government here is under legal pressure to come up with a new clearer plan next month. david shukman with that report. we'll have lots more on the subject of air pollution this week, as part of the bbc‘s "so i can breathe" series. are you afraid that you might miss something if you leave your phone at home? well that is known as "fear of missing out" — or fomo for short. and public health england reckons its such a problem amongst young people, it shou

what do you think about micron coors. >> i think the numbers are coming lowers still.is down so much. wait for a bounce before you get rid of it. how about t.j. is alabama, t.j. >> caller: booyah, jim. >> booyah. >> caller: my stock is chemical corp. >> people want to be in this uranium so badly. too speculative for this guy. >> caller: let's go to bareth in california, bareth. >> caller: hi, jim. how is it going? >> good. how are you? >> caller: i'm good. i want to get your thoughts on tableau. >> no, no, no, no. it's a faux cloud company, frankly. i'm not there for that one. i need to go to ryan in north carolina, please, ryan. >> caller: hey. booyah, jim. >> what's going on? >> caller: not too much. i've got aaoi. >> optical semiconductors. i got a little nervous because of the finisar. we're going to stay away from the group. it's had too big of a move. how about we go to ed in west virginia, ed. >> caller: hi, jim. i'm calling from huntington in wild and wonderful west virginia. >> i love huntington. been there. it's beautiful. john chambers is not far from you. >

fedex, nike, micron, kb homes all reporting among others. "the halftime report" top of the hour.in about 15. >> scott, thanks very much. >>> it is deregulation nation all day on cnbc. one of the question on investors' minds, how the administration's new policies will affect u.s. growth. the economist jury still out, some might say. steve liesman has details. >> economist vaez a love-hate relationship with deregulation. they love it because they think regulations can be a dead weight loss on the economy. they can reduce competition and make companies inefficient. but economists hate deregulation because it's almost impossible to measure either the cost on the one side or the potential benefits on the other. in a surprising result from our cnbc fed survey, second time in a row respondents say the most important initiative for president trump not individual and business tax cuts, it is deregulation. since president trump was elected, the percentage of respondents saying tax and regulatory policy are the number one threats to growth. it has plunged to just 7%. it was the number one t

wall street weighing in on several names in the chip sector today, including intel, palo alto and micronalftime report" top of the hour. mike, see you in about ten minutes. >> all right, scott, thanks a lot. let's get you right out to the cme group, where rick santelli has "the santelli exchange." hi, rick. >> hi, mike. you know, when i look up and see how the dow's up 260 points and remember back not only to the conversations before yesterday's presentation in front of congress by the new president, but all the issues of the day regarding details, the complexity of legislation, but one thing really has been true, in my opinion, since november, you could even argue since a little before the election. but certainly, after the election, cemented it in stone. i still believe what's going on in equities is what we used to call the old thermostat trade. it's a repricing more than it is really a move. and repricings are very difficult. they're easier in commodities where you can just gaap move prices right out of ranges. but for the most part, the interesting thing about the equities is they u

a new poll has micron with 27%, leading by less than two points. juppe would lead if he reentered the race. he lost the republican primary to francois fillon who is currently under pressure to step aside after being called out in a corruption investigation. thel is -- still with us is jpmorgan chase analyst of global assets funds. >> this is an opportunity for investors. if you look at the polls in france and the netherlands and things also, everybody we get another populist surprise this year and i just don't think we are. after brexit laugh and after trump. but look at this with president trump. average,in the last with hillary clinton leading by 3.9% in the popular vote, she won by 2.1. the lead candidate was actually leading in the last polls before the brexit vote and not by as much as the eventual margin but these are small this -- small missions -- small misses. whether runs against marine le leadould have a 20 point and we are not that far away from election day. people do not want to vote for the front national in france. jon: there is a m

the polls at the moment are indicating in the second round isinst micron -- macron polling 62%.idering the potential to the vote to go of the first-round ncaa narrowing in that poll, i think markets will become increasingly 55-45, ind if we have think markets will be scared. draghi getill mario the support he has been asking for, which is what donald -- donald trump is getting? which is structural spending? our politicians in europe going to wake up to that? fabio: it will be difficult. maybe government is going to have a sort of bias towards more fiscal union as a medium-term project. we saw the paper on the project for europe. way fiscal only integration can take place is if they start from something perceived as a common project, like the migrant crisis. you could use the migrant issue as a way to fund europe together in a medium-term. francine: i know we talk about france and the fact that marine le pen could be president. but it is the weakest president -- entry in the eurozone? and the most dangerous one question mark fabio: to me, it is a slow burning issue. i don't see a

a fine performance from micron this morning. and then we have atibo, they make gummy bears, okay? to open a manufacturing facility in the united states. give me any background. liz: yes, right outside chicago, it's going to be half a million square feet. a number of jobs there. so, people in wisconsin are excited and the first time they've done this in north america. stuart: has it got anything to do with president trump saying we want jobs in america. liz: they talked about this doing this last year before the election. stuart: so we can't credit the president. ashley: german gummy bears. stuart: the gummy bear in america, they're going to cater to it. let's get to the vote on obamacare, tom price says that the bill is done, voting-- >> the fact of the matter, the bill before congress is done. the kind of proposals and changes that were agreed to yesterday, that's it. and as the president said yesterday, look, it's time to put up your vote. stuart: yes, it is indeed. it's vote. you've got to do it today. david schmick is with us, the author of this book "the great equalizer" a fo

see our trending charts and the odds checker tells us that he has a 16% chance of winning whereas micronsen 30.5%.0.5 percent -- what can he do to salvage his candidacy? >> he has to put all of these revelations behind him, and that is the hard part because these things keep coming out. over the weekend, they were revelations about him spending a fortune on the spoke suits that were paid for in cash by a friend of his. that does not help when you are calling for huge austerity in the french economy. newspapersuff in the about mysterious transfers between him and his children. he has to get those behind him and he has to focus on the campaign, on the subjects it self. there was a debate next monday that could be decisive. he is a good debater. he won the primary on the strength of his debating. mark: one of the more interesting developments, and something you touched on yesterday, about who is backing which candidate when it comes to prominent figures and the former socialist prime minister, even he does not seem to be backing the socialist candidate. there seems to be momentum behind that

leaders include micron. shares up more than 20%. also, monster beverage up 13% as well.tech like facebook, microsoft all up between 2% or 3% so far just this month. back over to you. >> thanks so much. bank stocks on pace it to have their worst month. the regional bank etf down 8% and today trading on very heavy volume. is now the time to buy? let's bring in the managing director. great to have you with us. bank stocks didn't move around this much and here we are where a 3% move is almost par for the course of the how do you interpret these moves on very heavy trading volume. >> there is bifurcation. those that looked at the outlook as decent, the benefit of higher interest rates, the income edging higher. and that's consensus. financial reform and a pullback and a fiscal stimulus agenda things accelerate. >> what are some of the questions you're getting from investors? when you have a 9% decline over the past month in a name like goldman sachs or morgan stanley you think the gains they made had in the past month have been made on the premise there would be deregulation,