now i think it goes higher. >> not so fast, pete najarian. pete made a bearish call on gilead.ten. >> it was off 20%, now a bit of a bound of 4%, or 5% today. i think that's exactly what we're getting, one of these bounces, where people are trying to get the bottom. i don't know that we're there yet. i think if you look at it, you've got to wait a little while longer. >> since the call, the stock is up more than 20%, it seems like we've seen a bottom in in the i about. b. >> i was trying to be patient, because i didn't want to try to catch in falling knife. josh brown had a couple great trades, getting short. i'm not sure where he covered it at which point, but i didn't -- i wasn't short the name. i just never got the opportunity to get in and i don't want to chase it up here. >> it's like being sort of wrong. i'm not trying to rescue you. >> i missed the trade. it's been a great run out of the stock. absolutely. >> but the ibb, this was another area that got crushed, but very different from the likes, joe, of a fire eye or go go. and now look at this, 230-plus. >> okay. maybe

smoking them. >> pete najarian, party pete. >> we talked about unusual activity in metlife. you also see a single digit multiple on this when you look at it forward and the stock is trading right near these levels of right around that 200 day moving average. i think it's going higher, i think it's breaking through. that's why we saw the option activi activity. >> we want to say a special thank you and farewell for now to our page victoria does done a spectacular job at "fast money." we wish you the best of luck in our next endeavor. there she is. yeah! that does it for us on "fast money." catch us back here at 5:00 p.m. eastern on monday. "options action" starts right after this break. have a great weekend. i make a lot of purchases for my business. and i get a lot in return with ink plus from chase like 60,000 bonus points when i spent $5,000 in the first 3 months after i opened my account. and i earn 5 times the rewards on internet, phone services and at office supply stores. with ink plus i can choose how to redeem my points. travel, gift cards even cash back. and my rewa

pete najarian is buying a miner based on unusual activity. >> kenrossgold.me of that lift is -- this is a company that has huge exposure in russia. so there's a lot of diceyness going on with this particular name, but folks are going in buying the november 5 calls, they're buying time, up side and, scott, 20,000 calls were bought. these calls weren't very expensive, 16 cents, but folks are putting a bet out there this is a stock that could break out to the up side. >> what's your holding period? >> probably less than three weeks. i'm not going to be the patience to wait to november, so i'm hoping to see some sort of movement in gold or at least in kinross over the next couple weeks. >> what do you think? >> gold has been put in an interesting pattern. >> today was like, what, 1300? >> so it's been in this kind of wedge where you have higher lows, the 50-day moving average is at a decent support, then this overhead resistance, because the trend has still been down. i think we're coming to a decision point. i this i it's going to make an explosive move, but i

pete najarian is the bull, mike murphy is the bear. 90 seconds on the clock. pete?> i don't think it's time to take it off the table. as a matter of fact, there's plenty of upstock. i think it can get to 30%. you can see the stock trading towards 40. the reason i say that is the earnings continue to grow. that's been a strength. yes, they were a little weaker on the revenue. you can attribute that to almost specifically to the printer section. but this is a name meg whitman, when she took over, she absolutely has had a plan. she's executed to absolute perfection. two years ago in may 2012, she talked about the job cuts that needed to happen. they are happening. that's very unfortunate, of course. but it's something that has to happen with all of the consolidation that they've done over the last few years. they've had to actually trim up some of the workforce. when you look at the earnings trading at 10 times, you look at cash flows, the balance sheet, there is no reason to be negative on hewlett-packard. >> first of all, a great trade. pete's been long for a long ti

our traders tonight are pete najarian, guy adami. the tech giant has been sitting on a massive cash board and sitting on the sidelines of silicon valley rival made big purchases this year. apple ceo tim cooke referenced it last month during a conference call. >> we're not in a race to spend the most or acquire the most. we're in the race to make the world's best product that really enrich people's lives. so to the tune that acquisitions can help us do that and they've done that and continue to do that, then we will acquire. >> so is beats the right company for apple to buy or should apple buy something else? i mean people have been grousing that apple has been sitting on this cash because they've not been doing nothing and now they're grousing because they think it's a lousy acquisition. >> i don't know that i'd call it a lousy acquisition but i don't know where they'd pull $3.2 billions out for some he headphones. certainly beats, it was traded around a $1 billion eva when carlisle decided to jump in there in september and now am de

pete najarian points out suspicious trading activity in hill shire brands. it all happened before today's news of a possible deal. >>> pfizer is walking away from the table on astrazeneca. shue walk away from the stock? a bull/bear debate. going head to head, next. in today's market, a lot can happen in a second. with fidelity's guaranteed one-second trade execution, we route your order to up to 75 market centers to look for the best possible price, maybe even better than you expected. it's all part of our goal to execute your trade in one second. i'm derrick chan of fidelity investments. our one-second trade execution is one more innovative reason serious investors are choosing fidelity. call or click to open your fidelity account today. ♪ ♪fame, makes a man take things over♪ ♪fame, lets him loose, hard to swallow♪ ♪fame, puts you there where things are hollow♪ the evolution of luxury continues. the next generation 2015 escalade. ♪fame in a we believe outshining the competition tomorrow requires challenging your business inside and out today. at cognizant,

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. >>> still ahead, michael kors, pete najarian are lacing up their gloves. >>> michael kors reportingearnings today. the company said sales growth was better than expected. profits surging 60%. the stock is having a volatile day as you can see on the chart there to tloeg news. what's the real story? we have pete taking the bull case. joining us from california today to make the bear case which he's written about is herb greenberg. 1:30 is is on the clock. herb, you've got to wait a second. pete has buck 30s on the clock. pete's going to make his case first. >> seven of the last eight reports, we've seen the earnings beat the estimates, revenues beat the estimates and today, they beat the estimates once again. actually crushed the estimates and it's not just north america. you look at how they're expanding globally and the fact they've added 100 stores. this is a global brand that just continues to get better, continues to be stronger. when you look at these numbers, herb, when they put out for their full year what they're looking for was basically above the street, so they're powering

i'm joined by two traders, steve weiss and pete najarian, and the first guest we'll get right to, the legendary stock picker and founder of the $10 billion hedge fund omega advisors, leon cooperman. lee, welcome back. great to see you here in salt. great to have you back on our show. especially on a day when the markets, as we come on the air, the markets are at the lows, the russell's now in a correction, the s&p has broken its 50-day moving average, and everybody's talking about these headlines from david tepper of appaloosa, out here, spoke to many of us, spoke on the stage, and said the following about him getting cautious on the market. i want your take on it to see if you agree. there's times to make money, there's time not to lose money, this is probably a time when you're supposed to think about preserving some of your money. i'm not saying don't go short, but don't be too freakin' long right now. what's your take? >> my first reaction is opinions are like noses, everybody has one, though i think david's opinion should be listened to and respected. he's a very capable fellow.

pete najarian is our bear. 60 seconds this time on the clock. >> i think the set upis a little over $50ition, so earnings coming out tonight. this is your chance to buy best in breed in an industry that's growing rapidly. look at the people trying to get into the industry, in a company that has better stores than anyone else out there. they're hands down better than all the competition. and the comps getting back above 6%, 25% pullback, buy it here. >> the reason i disagree, murph, i like the store quite frankly. i like whole foods, but the competition is killing them. if you go back to the november earnings, and then again in february broke down again, march broke through the technicals, so when you break through the technicals, you start heading to the down side, you see competition everywhere you go, all across everything in the grocery business, their margins are definitely getting squeezed. >> abbreviated debate, we want to know who you think won. tweet us using #bull or #bear. we'll give you the results at the end of the show. >>> mean time newsal investment student analyst compet

our traders tonight are tim seymour, brian kelly, steve grasso, and pete najarian.hit hard. reporting weaker than expected revenue. we have michael burns in an exclusive interview coming up. the top story tonight, the s&p closing at a record high for the 14th time this year. the index up

our traders tonight are pete najarian, guy adami.massive cash board and sitting on the sidelines of silicon valley rival made big purchases this year. apple ceo tim cooke referenced it last month during a conference call. >> we're not in a race tond

i'm joined by two traders, steve weiss and pete najarian, and the first guest we'll get right to, thege fund omega advisors, leon cooperman. lee, welcome back. great to see you here in salt. great to have you back on our show.