plus trade uncertaintiys raise pete najarian has a stock that he says can weather the tantrum. we have the name when "fast money" returns >>> welcome back to "fast money. time for an instant replay back in september pete stepped up to the plate and pitched intel. >>s in a company that still has growth, has great earnings, great revenue. and i think going forward any will outperform. by the way, when can you buy a stock off of its highs significantly off the highs that gives you a little bit of something in a market trading at all-time highs i think intel has plenty of room to the upside. >> i think pete's wearing the same tie. >> i like that tie and shirt combination but i look more tan. >> broader market is up a few days after the jitters and intel up 5% since the pitch what now what do you do. >> still love the name huge buyers in tld, emails in a company hanging around without a ceo in place at some point they make the right decision i think it comes from within when they do that i think that gives the stock a little more stability to the upside. >> with trade uncertainty loo

. >> stephanie link, joe terranova, and pete najarian we want to begin, quite a week for the markets, as you know, right in the thick of it between the midterms, the drop in crude oil. stocks are sharply lower today we'll still be up nicely nonetheless, jim, i'm going to go to you first. you had oil drop, ppi, which was a little hot, and i'll tell you what, these incendiary comments and that was the word ylan mui used to describe peter navarro, i wonder how the market will react to that as well. >> i was having a great day hanging out with these young men and women until we started talking about the markets. global growth scares are there the price action in oil certainly says that a lot. obviously the price action in stocks we've been in this period five or six weeks where you've had three steps forward, three steps back now we're in that sort of two of three steps back what will next week bring. these scares are a little bit overdone the remarks you point out don't help, they don't help on a friday where we have three days to digest that and worry about things if you look at the eco

pete najarian says there's one name that could survive the selloff. he's at the plasma with this fast pitch. >> it's going to be lululemon. the pe is very high and that's something you have to deal with. even on a day like today it didn't get hit that hard here's why i like it solid management the chairman himself actually loves the new ceo. this guy a year ago, mr. murphy, bought 100,000 shares in the 60s. now it's in the 130 area he's got a lot of faith in the company and the ceo. it's a new ceo so that's something you have to keep in mind i like the direction of this company. the incredible buyback, you look at the fundamental story of this company, one is the buybacks they've shrunk their share count by 9% since 2014 by the way, they didn't do it by debt, they didn't finance this thing. they did it with cash. when you look at their balance sheet, they have zero debt, nothing like ge, but they have $800 million sitting there as well a great looking side there the one issue is you look at the multiple it's pretty high. but they're growing, growing,

bring them into the conversation joe terranova is with us along with stephanie link and jon and pete najarian. i wish you were sitting next to me in this beautiful location down here. let's begin with the apple question you heard what mr. wozniak had to say pete what do you think of apple? is it the most important stock in the market and how it goes so goes the rest of the market? >> it is absolutely influential beyond words, scott. when you look at yesterday alone, we talked at the top of the snow when we talked about looking at the market watching the nasdaq as it was falling and the different components feed or come from some sort of arms and tentacles of apple i think what we're seeing in apple now we're seeing that -- we've seen this time and time again in the past where we've seen angst, folks getting a little nervous and pressing on the stock. i continue to stare at it. i mean literally i can't wait for the opportunity. i have not seen the options market tell me that maybe now is the time, scott. i'm waiting, still holding, because i actually believe in, hey, the revenues were unbeliev

. >> i think of pete najarian with tj maxx. do you go to the skounlt thinks that's the best discount. >> i thought that for a long time and i still think that. when you look at tifrpt retailers obvious lip near different entities when you look at wal-mart with 56% of the revenue after just reporting of coming from grocery, mel, that's a lo low margin that needs to be kept in mind especially when you compare wal-mart with a target or something. but absolutely i think the discount erps -- and i thought that for a while now because even though we had -- we did have the strong move in retail to the up side and was finding against a lot of the selling we had seen in other areas. i think at some point some of the names look elevated. and i think wal-mart is one. it seemed like everybody refell in love with the whole wal-mart story. but when you look at wal-mart and compare to target for instance and look at where pe levels, the pe levels of target is invitely lower than wal-mart and they have better margins you have to go throughout

traders are the pete najarian. dan nathan and guy adami tonight on fast a sea of reed as the mechanic heads back to the october lows which names survive? the top technician tells us the two names he says are a screaming buy right now. plus morgan stanley mike wilson with a warning, do not buy this dip. he is here to explain why it's time for bulls to take a back seat the market selloff the dow sinking 600 points at the lows closing down 550 points. that's nearly 1,000 points in two days the bears certainly on the attack the dow and s&p 500 erasing gains for 2018 both in negative territory the s&p lirmly in correction with ner neerply half the stocks in the bear market the nasdaq plunging fromhighs down a whopping 15% from the peak seemingly to no catalyst as the market heads in bear country which would be another 10% down from here. pete, what do you say. >> i think it will approach the levels steve grasso was on on power lamkin fantastic with the charts up there. he was talking about different levels and he talked

najarians' radar. to unusual activity. pete up first >> we've had a number, i like when we're seeing it we've had this hit three times in the last, call it ten days of trade. people buying the february upside calls and just last week on thursday, they were buying december 92.50 calls and now today we're seeing these and this is the december 90 calls. it gives a little bit of time. not a whole lot of time. this is something i will likely hold this. i'm in december as well. two to three weeks, see where this is. i like it, scott, for a couple different reasons. they have been right in the past there's a lot of money going into it. it is higher multiple so that's concerning for me and they're coming after those particularly today, but i like what we're seeing when you looked at the last earnings report, this is a company that's absolutely clicking they're doing everything right, so i like what we're seeing in the paper. >> good stuff. jon, what have you got >> we have verizon, judge. if you overlaid telephone over it you know whic

. >>> and pete najarian has unusual activity in a stock that could be about to move big time.noon on the half. morgan, see you in a little more than ten minutes away. >> a lot of cliff hangers. looking forward to it, scott. >> there you go. >>> let's get over to cme and rick santelli. >> thank you you know, many issues have been large or loom large in the minds that trade fixed income market and try to handicap how the markets will trade under certain and changing and constant fed policies one of the issues is the yield curve. for the longest time, potential inversions in the curve made many nervous because of implications of that being a signal for warnings ahead, maybe recession ahead, slower growth ahead, and it makes perfect sense. back in the day, on the trading floor back in the '80s and '90s, it wasn't the ten year note that was the stellar fixed income benchmark we all discuss, it was the 30 year bond what chang-- but the bond is something to watch one of the favorite spreads on the trading floor is the knob spread, notes over bonds 30 year over ten year note yields be

he tells us which entertainment stocks will surge in the next months and pete najarian on a stock's nextsee you in 15 >> see you then, scott thanks. >>> now over to cmo to rick santelli and the santelli exchange rick >> thanks, jon i like to welcome my special guest on fed day i would normally say fed wednesday but it is thursday vincent reinhart, thank you for joining me this fed day. >> thanks for having me, rick. >> all right there's very little doubt in anybody's mind that this particular tightening cycle, whether we look at our fed or central banks is unique in every way. we are pulling back from types of liquidity we never put forth. do you agree with that >> no question about it. central banks dig deep into the tool kit of unconventional policy and what they found is it was easier to start them than to end them the fed is in motion, shrinking the balance sheet, motion with policy rates, is going to take the ecb another year and bank of japan longer after that, but they've got a long way to go >> i don't mean this as insult to investors, but i think over the years investors have go

>> where is pete najarian?or the buccaneers in warm clients, there's lots of other things to do >> i'm skeptical >> thank you very much >>> up next, facebook under fire could sheryl sandberg be on her way out? >>> and something just happened in housing that has not happened since back in 1999 'lte is it wel ll you coming up rebekkah: opioids has taken everything and everyone i've ever loved away from me. everything. i blew my ankle out and i got prescribed pain pills by my doctor. if making my detox public is gonna help somebody i'm all for it. i just wish i would've had a warning. oh, there weren't enough intehours in the day to maintain are old data center. so we made a twelve a fifteen. three extra hours. but that really doesn't add hours to the day. yeah it does, look. i'm not sure it works that way, but at cdw we get that time is precious. so we'd access your needs then design a nutanix enterprise cloud. to give you more time to grow your business. yeah that's better. hey we still on for lunch at 15 o'cloc

here to debate and trade the biggest stories of the day, joe terranova, stephanie link, jon and pete najarian and kevin o'leary, a cnbc contributor. also senior economics reporter steve liesman. let's begin with the market. stocks are trying to republic from their early slide all of this as the president re-ups his rhetoric on trade telling "the wall street journal" he is, quote, highly unlikely to hold off on additional tariffs on chinese goods and the iphone and laptops could be hit as well pete, i don't know, big day yesterday. didn't look so good early. here we are at noon in the east. >> and day in and day out we've seen this. you go back to last friday we're down on a half day as well the volumes have not been there either everybody used to bring up, you know what, it's an update but it doesn't matter it was low volume. we've had low volume days on up and down the last three. it's been surprising to me how low we've been we had the thanksgiving holiday. i get all of that. coming in yesterday you would have expected that volume with that up 400 that there would be more activity. we weren

. >> pete najarian has pitched this name a number of times, correctly, i might add, and i'm sure karen at some point has as well. this is my mayden fast pitch voyage in terms of apple. >> okay. all right. come on back over. buys all around, are you but buying guy's pitch for apple vote in our twitter poll @cnbcfastmoney and energy stocks catching a byrd and one top technician says the rally is just getting started what names to buy when "fast money" returns my name is chris hughes and i am a certified arborist for pg&e. i oversee the patrolling of trees near power lines and roots near pipes and underground infrastructure. at pg&e wherever we work, we work hard to protect the environment. getting the job done safely, so we can keep the lights on for everybody. because i live here i have a deeper connection to the community. and i want to see the community grow and thrive. every year we work with cities and schools to plant trees in our communities. so the environment is there for my kids and future generations. together, we're building a better california. >>> welcome back to "fast mone

. >> pete, najarian what did you hear >> to his point talking about tech, i bought more intel today. took off of a microsoft position today. moving around a little bit took off the options that was one of the short terms they expire friday mel. they were buying them yesterday. moved that much in a sim day but i bought cvs as well there were certain names with interesting story lines when the options are there i jump in. >> yes flagged health care look at the move in thc over the last trading days but big cap pharma is trading weapon. pfizer is up against $45. >> after the broad base rally, a top technician says the bottom is near, showing us the chart that gives him hope the bulls could be back foor good. plus a stock not rallying, tiffany down 10% after the report and it could be a warning sign for retailers. later, it's alive. that's right bitcoin is rallying above $4,000 is the cryptocollapse over we have the details. we are live in new york city where the rockefeller center tree is lighting up for the season soon. you're still here? we're voya! we stay with you to and through ret

the traders are pete najarian. tim seymour, brian kelly and guy adami. few billion away from taking over the apple top spot and the answer might surprise you. the man calling the november selloff is back. mark yusko is back why he thinks it's getting where is before better the seems like

traders are the pete najarian.than and guy adami tonight on fast a sea of reed as the mechanic heads back to the october lows which names survive? the top technician tells us the two names he says are a screaming buy right now. plus morgan stanley mike wilson with a warning, do not buy this dip. he is here to explain why it's time for bulls to take a back seat the market selloff the dow sinking 600 points at th

lent us this desk for a while before we move downstairs on squawk box these guys are my friends, pete najarianlly and tim seymour. i wish there was a better reason for us to be together tonight but it's not once the market started selling today it didn't let up the dow sinking 600 points, closing near the