. >> mike kuo, do you have a question for fred? >> i think he's starting to answer it which it sounds as if some of the self-directed investors from one of the things you're just saying here become a little bit more sophisticated. is that your view and that that probably makes them sort of more durable participants in the marketplace? and my second question would be if you do see somewhat of a steady increase in rates how you think that might impact you this year. >> well, i think the first thing is our client base and the ones that are in the market right now, we did start out and say they're actually coming back but at a slow pace. so it has been at a slow pace they're coming back. but the ones that are there are definitely getting more bullish. and we do have a client base. we have the largest book of active traders in the market on the retail side. and they will tend to be contrarian, and they are increasingly bullish right now. there's no question about that in our experience. >> last quick question, fred. bottom line for us i

mike kuo, kick it off. >> little disappointed by the last earnings but i think dillard's is a decent name in the retail space. >> josh brown. >> i really like pfizer. i think she heads over 30. >> dan. >> for all you guys looking to pick bottoms in apple beware of sticky fingers. >> karen. >> in the retail space i still like foot locker. >> guy. >> that's gross. newmont mine hg a reverse the other day. i think nem goes higher. >> i'm melissa lee. thanks so much for watching. see you tomorrow 9:00 a.m. for "squawk on the street." back at 5:00 for "fast money." meantime, don't go anywhere. "mad money" with jim cramer starts right now. >>> i'm jim cramer. and welcome to my world. >> you need to get in the game! >> they're going to go out of business and he's nuts! they're nuts! they know nothing! >> i always like to say there's a bull market somewhere. >> "mad money." you can't afford to miss it! hey, i'm cramer. welcome to "mad money." welcome to cramerica. other people want to make friends. just trying to save you money. my job is not just to entertain you but to educate you so call m