gene munster joins us with his top pick. and cutting the cord, as more people use netflix and hulu. which media companies are most at risk? plus, solar flare. solar stocks making a comeback. is it a short squeeze or maybe something more? first, let's find out where our traders stand. b.k.? >> i was a byer, but with options, call options, because you wanted to find your risk in this. it's almost impossible to find out what these politicians are going to do. they are coming closer to a deal but i don't want to old the bag if the whole thing falls apart. >> hi. >> hi. what did you make of today's swoon here? >> it was as expected. dan's actually showing me headlines that might make the selloff -- might exacerbate it in the aftermart, but today was expected. if you stay above 1425, you remain a buyer. and the one name that performed, a name we've talked about forever, look at thc, which has been explosive after doing a reverse split, which historically doesn't work, it's worked for them. >> dan? >> just real quickly, white house said to tell business leaders that budget talks regressed.

gene munster said the supply constraint issues are gone. the stock didn't do much today.he iphone 5 will hit china mid december. it is not likely to move even on what would have rallied the stock. >> the story has changed. to me this was a stock where the expectations were so high for so long. expectations have come down and the fever has broken. to me that china launch is going to be really interesting with the iphone 5. we are waiting on china mobile. china mobile has more subscribers than americans in america. that could be the next stage of growth. >> if you had to bet higher or lower on apple. >> mike was right. i would say higher from here. it is reasonably priced. >> and the promise of a special dividend. >> a reminder as we head to break if you want updates be sure to follow us on twitter. dan posts regular updates of his trades on twitter. if you are on facebook stay posted throughout the week at facebook.com/optionsaction. and you don't want to miss it with thinkorswim by td ameritrade. you get knock-your-socks-off tools, simple one-click orders, real-time paper

gene munster. >> thank you. >> oh, man.hat seems so 2012, to be talking about when the apple tv is coming in. especially now that we hear it could be 2014. i mean, listen. here's the thing. this company just refreshed, almost their entire product line. if we're going to hear about when the apple tv launch, if that's the next catalyst for the stock, this stock's got a lot of problems in my opinion. i would have loved to have asked him where the next thing is where he can actually adjust his estimates higher. >> you think the holiday season will come and goal -- >> slimmer margins. even after the refresh, slimmer maher ask g margins. iphone, you have one choice. android phone, you have a choice, anything that fits you. you don't have to fit them. >> okay. got to take a break here. >>> coming up next, the pops and drops you may have missed. >>> and later, consumers and the cliff. danny meyer stops by with his take on the company and how he is preparing for 2013. >>> welcome back to "fast money." netflix was a big gainer today.

we just got in touch with gene munster of piper jaffray.ils the digitimes article was misinterpreted. do you agree with that? >> yeah, absolutely. the point of the article was that iphone orders are very strong this quarter and don't forget these orders typically fall off in march. i think they put a 20% number out there. that's completely normal. the fact that it hasn't happened yet is a very good sign for apple. i would note for most smartphone manufacturers appear to be very strong this season. >> todd, if i can ask you, what is the impact on the ipad mini? what's it having with the market share as far as these other smaller devices, who's buying it, is it helping, hurting? >> i think there are two ways. one worry with the ipad mini, it might be cannibalizing sales of the fourth generation ipad from apple because it is more expensive. people are like i want an apple product, i'll just get the cheaper one. i think they're also in a little bit of a danger zone. people might be like it's $200 and not $330 or not $420 as you move up the line

of effort put in with cancer in return, and i couldn't help, you know what else involves a lot of munster in return? renting books. i don't get the tax break and you get the tax break. >> just to clarify the question of very interesting, when a private equity or hedge fund earns money from their customers they earn a fee, that is their income. they are allowed to defer that and i used to work in the industry, you can defer that and invest in your business and end on any gain, you pay capital gains from the original fee income to income-tax and now transforming that incoming to capital gains which it is not. this is legalized fraud. [applause] >> confessions of a former hedge fund. healthcare, the phrase you used is how we manage our markets. i remember 41 of the most profound papers i read was the paper nearly 1960's on why health care is different. why doesn't the free-market rescue work, what other designs do we have? >> what arrow did, you have this wonderful idealized version of a market that is in our textbooks. which a market is a perfectly efficient way to work, and not necessarily