>> sell call spreads, fed ex, and maybe buy spy puts >> dan >> procter, crowded trade.ke august put spreads. >> that does it for us see you back here next friday at 5:30 the following program is a paid commercial presentation for total gym fitness. [music] everybody work out. feel the energy. build a better body. the best you can be. another body easy as 123. oh. ahh. better body as easy as 123 with total gym.

& gamble's trading where it is to me, that's actually really scary procter & gamble trading at 24 times forward earnings makes no sense to me. >> the chart master says there's more pain ahead for the beaten down group >> plus chew on this, another hot ipo shares of chewy surging and the next hot ipo could be just around the corner and mark zuckerberg is about to go full crypto when facebook is expected to unveil its cryptocurrency platform and we'll bring you the latest details we're live in times square in new york city. much more "fast money" right after this plants capture co2. what if other kinds of plants captured it too? if these industrial plants had technology that captured carbon like trees we could help lower emissions. carbon capture is important technology - and experts agree. that's why we're working on ways to improve it. so plants... can be a little more... like plants. ♪ >>> welcome back to "fast money ", look at the cool crowd that turned out outside of the new york stock exchange for chewy's ipo and that's not all, shares of the pet food company surging nearly 60% toda

some of them which seem to be safe like procter & gamble, some it is hard to believe they would be likes if you are looking for a place that you might be inclined to risk a little that they could somehow catch fire as everything else seems to have, financials a the weak space, and that's why you should use options to do it because in this case you are risking 2% of the current stock pace. >> even in the financials, back to the concept of people being defensive as jim was talking about, look at stocks, they're on fire. >> they're good? >> they're fragile we have strong stocks too extended. >> what you said before is everything is great before it goes pear-shaped if you look at goldman sachs and morgan stanley, they should be having a field day with the ipo stuff. i get it, the net interest margin, the yield curve and all of that stuff is challenging the stocks are 25% off their 2018 post-crisis highs if you are telling me it is not some sign -- it is like warning bells screaming in silence what is going on here even with the s&p 500 all time highs. >> check out homebuilders, a fresh 52-w

i think it is the kind of a procter & gamble kind of thing. >> got it. >> have you seen procter nelsonid good work there. david taylor has done a good job. and, david, watch for this for a lot of the companies that have gone public, nice things zoom doing very well chewy, chewy, chewy cocoa puffs, chewy is too high, but i like chewy. >> he'll keep talking and lkg. 'lta a break and then we will be back -driverless cars... -all ground personnel... ...or trips to mars. $4.95. delivery drones or the latest phones. $4.95. no matter what you trade, at fidelity it's just $4.95 per online u.s. equity trade. >>> you're watching cnbc's "squawk on the street" live from the financial capital of the world. the opening bell in 90 seconds busy day as we talked about crypto and facebook. the fed decision comes tomorrow. the list of countries with negative yields at some part of the curve now, germany, japan, denmark,portugal, spain, ireland, switzerland. >> if you're anything other than a fiduciary that says you must keep your money many these countries, there is just -- it is easy to wire money by ou

and the corporations we are working with are starting to make progress, whether it is procter & gambleant opportunities within their labour pool opportunities within their labour pool, within their talent pool, to make improvements, but they are also looking at how they are spending their money. so it is a holistic picture of inclusion. and that was elizabeth vasquez speaking to my colleague. let's have a quick look at the markets. well entrenched in positive territory, the nikkei up by 20 and the all ordinaries index higher by 23 after us stocks gained overnight as investors bet the us federal reserve would cut interest rates sooner rather than later. thank you so much for investing your time with us. i am rico hizon. sportsday is coming up next. —— sportsday is coming up next. —— sport today is coming up next. this is bbc news. the top stories this hour: queen elizabeth hasjoined world leaders to begin commemorations marking 75 years since d—day. an outcry in australia after police raid the headquarters of the public broadcaster abc. official reviews into the brutal murders of two to

& gamble procter & gamble is about to make an all-time high and a company that trades 23 times next year's earnings and that valuation in this environment makes zero sense, but people are reaching i don't think that's particularly healthy >> do we think about the jobs number and the quality of the number that we get tomorrow and whether or not it is more likely that the mexican tariffs will be put on on monday and i put that forth because for a while president trump could bank on the fed cutting rates and right now that's what fed funds futures are pricing in. >> i think that's -- maybe that's -- maybe that chapter for the week is over, and i don't think a good number or a bad number matters either way and i'll take the op sitd and that good is not bad. i think good and bad are both good tomorrow. >> despite the fed euphoria one of wall street's biggest bulls is turning bearish, let's bring in jan than gallop good to see you. >> good to see you. >> are you, in fact, turning bearish? >> there's a part of the conversation that's being missed, if you took the fed out entirely and trade

powder on verge has triggered gender equality rather and i think comes after consumer goods giant procter and gamble opted to show women taking on traditionally male roles. that. you have that advertised and those images really have drummed up plenty of reaction including expect on social media with some people even calling a lie for a taste to take action against the brand boycotts dariel who are muslim and we love our culture or religion and our rituals the government should take strict action against ariel brand i miss my request to all my dear pakistanis that please boycott ariel the soonest possible because religion comes 1st and this is our responsibility to protect our religion boycotts ariel prime minister of pakistan we want ariel cloth washing detergents banned in pakistan immediately for driving and spreading anti islamic campaigns through media you have a story has got people talking we asked a number of social commentators whether the detergent and was right to push the boundaries of cultural norms in pakistan. i don't think it's a big u.s. companies job to insert themselves

they add to a strong reaction on social media with some people calling for action against procter and gamble the us fan behind the aerial brand boycott burial were muslim and we love our culture or religion and our rituals the government should take strict action against ariel brand i miss my request to all my dear pakistanis that please boycott ariel a soon as possible because religion comes 1st and this is our responsibility to protect our religion boycott ariel prime minister of pakistan we want ariel cloth washing detergents banned in pakistan immediately for driving and spreading anti islamic campaigns through media. we also all guess for the take on the and how fall foreign companies should go in pushing religious boundaries. i don't think it's a big u.s. companies job to insert themselves into pakistani culture if it was women speaking up against their own culture that would be one thing but i feel that it's very wrong for a western company to come in and insert themselves in a culture that maybe isn't adapted the same way that american culture has in a lot of these women it ha

a washing powder advert has triggered a gender equality ra in pakistan after consumer goods giant procter and gamble opted to show women taking on traditionally male roles. well the advertisement house drummed up plenty of reaction as you might expect on social media with some people even calling a thorough haste to take action against the brand. boycotts dariel were muslim and we love our culture or religion and our rituals the government should take strict action against ariel brand i miss my request to all my dear pakistanis that please boycott ariel a soon as possible because religion comes 1st and this is our responsibility to protect our religion boycott ariel prime minister of pakistan we want ariel cloth washing detergents banned in pakistan immediately for driving and spreading anti islamic campaigns through media. well we have a few coleman tutors who have the courage and dad was right to push the boundaries of social norms in pakistan. i don't think it's a big us companies job to insert themselves into pakistani culture or if it was women speaking up against their own culture t

washing powder out has triggered a gender equality right the brand owned by american multinational procter and gamble opted to show women taking on traditionally male roles. you've. played down. not advertisement those images drummed up plenty of reaction on social media with some people even calling for the authorities to take action against the problem. boy could ariel we're muslim and we love our culture or religion and no rituals the government should take strict action against ariel brand and it's my request to all my dear pakistanis that please boycott ariel assoon as possible because religion comes 1st and this is our responsibility to protect our religion boycotts ariel prime minister of pakistan we want aerial cloth washing detergents banned in pakistan immediately for driving and spreading anti islamic campaigns through media we are some media commentators whether the the tertian to was right to push the boundaries of social norms in pakistan. i don't think it's a big u.s. companies job to insert themselves into pakistani culture or if it was women speaking up against their own c

procter and gamble the consumer because corporation has angered religious conservatives in pakistan with an advertising campaign from washing powder that promotes gender equality. he believes. that. a campaign was launched on twitter in pakistan a to boycott aerial. boycott burial where muslim and we love our culture or religion and no rituals the government should take strict action against ariel brand i miss my request to all my dear pakistanis that please boycott ariel a soon as possible because religion comes 1st and this is our responsibility to protect our religion boycott ariel prime minister of pakistan we want ariel cloth washing detergents banned in pakistan immediately for driving and spreading anti islamic campaigns through media. companies have challenged conservative values in other countries too coca-cola came under fire after releasing a video depicting a woman driving inside here rabia critics blasted the front saying it was sleeting of the oppression of. the conservative muslim country. for marcus this. american company should insert themselves in a pakistani culture an

or let's move the program on procter and gamble the consumer goods corporation has angered religious conservatives in pakistan with an advertising campaign for a washing powder that promotes gender equality. down. there is a campaign running right now on twitter in pakistan to boycott. boy could ariel we're muslim and we love our culture or religion and no rituals the government should take strict action against ariel brand i miss my request to all my dear pakistanis that please boycott ariel a soon as possible because religion comes 1st and this is our responsibility to protect our religion boycott areal prime minister of pakistan we want ariel cloth washing detergents banned in pakistan immediately for driving and spreading anti islamic campaigns through media . well companies have challenged and at other times overlooked staunchly conservative values in other countries as well coca-cola came under fire all through leasing a video this pick being a woman driving in saudi arabia critics blasted the brand saying it was smoothing over the oppression of women in the largely conserve mu

procter and gamble the consumer goods corporation has angered religious conservatives in pakistan with an advertising campaign for a washing powder that promotes gender equality. he. laid down. a campaign was launched on twitter pakistani to boycott ariel. boy. were muslim and we love our culture a religion no ritual the government should take strict action against ariel bron i miss my request to my dear pakistanis that please boycott ariel the soonest possible because religion comes 1st and this is our responsibility to protect our religion because our prime minister of pakistan we want aerial cloth washing detergent is banned in pakistan immediately for driving and spreading anti islamic campaigns through media. companies have challenge conservative values in other countries too coca-cola came under fire after releasing a video depicting a woman driving in saudi arabia critics blasting the brands saying it was smoothing over the oppression of women in the largely conservative muslim country we put the issue to participate. i don't think it's a big u.s. companies job to insert themsel

procter & gamble, mcdonald's, american express, walmart. it is a very diverse group of stocks travelers also hit a new high. so no one particular sector dominated. if you had o'wick one i'd say consumer staples generally had a good week. not a defensive tone to the week pepsi, colgate, paul olive, err shi, kimberly clark. coca-cola. all the trade sensitive sectors this week were the biggest movers i know everybody talked about the fed but if you look at auto parts which moved on mexico, semiconductors, metals and transports all big movers. back to you. >> bob pisani, thank you very much for that. the nasdaq closing higher for its fourth straight day. not quite five, though, alas but let's send it up town to bertha for a breakdown of all the movers hi, bertha >> considering where we started the week where things looked so dour, it's been a remarkable comeback best week of the year for the nasdaq best week since that christmas eve into the end of the year rally that we saw. and among the best gainers was amd as chips this week really roared b

procter & gamble is not the sort of stock when -- i think you sell the staples >> i like when dan payingu do enjoy this. you have fun i know you're tired, but then you ramp it up this is fun, high energy terry duffy watching your show. >> big fan >> and 19% up year over year atoe being with all of you th ds it >>> 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 patrol mromisep 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 want to make you money. i want to educate and train you. tweet me at jim cramer you want to know the most useless thing you can do in this business i

amazon.com are holding their breath for what could be a purge that would favor major brands like proctereduce amazon's overhead -- why is amazon even considering such a thing? >> basically as e-commerce business has two parts, it has a retail side where it buys products wholesale and resells them at a markup like a traditional retailer, and it also has this marketplace model similar to consignment shops. matchmaker between the seller on one hand and the buyer on the other. amazon is trying to shift more peoplesmaller vendors, it buys through wholesale model, and shift them to this where thesemodel suppliers will be selling directly to amazon shoppers one shopper at a time. ♪ >> apple has unveiled its first updated ipod touch in four years, it has a way to tap into apples new services and a new price tag of $199. apple is revamping a product that is cracking on. time the ipod touch and nexted was in 2015 week is there annual developers conference where they roll out new software and oftentimes in order to get the newest features you need the newest hardware to make it work. some of these

amazon.com are holding their breath for what could be a purge that would favor major brands like procter they are expected to reduce amazon's overhead and increase revenue. what is behind the purge, why are they considering such a thing? >> e-commerce business has two parts. they have a retail side where it wholesale and resells them at a markup at a place like walmart. they have this marketplace similar to ebay where there is a website as a matchmaker between the seller on one hand and the buyer on the other. what is happening is amazon is trying to shift more of its to thisvendors marketplace model where suppliers will be selling directly to amazon shoppers one shopper at a time. unveiled its first updated ipod touch. way toa new chip and a tap into apples services. why is apple revamping a product that is 20 years old? >> the last time the ipod touch was updated in 2015. so, four years ago. conference is next week where they develop new software. in order to get the newest features, you need the newest hardware to make it work. are of these features processor intensive and require a l

procter & gamble shares hitting a record.f you come into the terminal, a nice chart that shows you how we are seeing the move from investors into more defensive sectors. the fact we are seeing them pay more for premium for those defense sectors versus more value stock. that red dot showing the premium for defensive stops is at the highest in six years. other big movers, i mentioned health care not doing so well. this on the news from bristol-myers squibb and celgene. bristol-myers said they would divest one of celgene's top-performing drugs. this is a bit of a surprise to analysts. they were not expecting that happened. bristol-myers saying they are doing that to get the deal between these two done. let's take a quick look at oil. falling a little bit after conflicting messages from the president. new sanctions on iran but also questioning who should be defending the strait of hormuz in the middle east. oil falling on the day, but over the course of five days up 10%. tensions in the middle east planning into the oil price. re

i am more influenced by procter & gamble by tide and a and by russia and how i go.erstand how that can be. because i signed on to facebook somehow, that influence me. i still cannot get to the bottom of the. >> you're entitled to your opinion but the intelligence agencies made the point clear and mueller through his indictment that the interfered in the election. you can choose to not believe that that had any result in anybody changing their mind. it's a free country take whatever you'd like. >> that is ridiculous. >> is conclusive, they try to interfere in terms of meddling -- >> the key is the own intelligence agency said it had no impact -- >> they said they cannot find chuck -- charge the president. they did not say there is no impact. >> it was a lighthearted joke, the only thing would've been funnier if he would've said i would have more flux ability after get reelected. >> first of all compared to the last meeting, it looks like two people are not going to be at work anytime soon which is the former soviet union. if he wants to use for enemies, i think that

compared to something that you can purchase, like procter & gamble, a really solid company.vidend. so it makes the stock market and a lot of the big safe, companies much more attractive. is >> up for long time, up until that, he saw some really strong job numbers, certainly. employers across the board adding jobs. as what we saw, and pulled here in may, will have to see how it shakes out what the final figures are, is this a sign that the economy is doing well? >> yes, it is. the economy is softening. the big question mark is what are the effects of the trade were on this economy? we just don't know. you can look at the stock market, it is always related to trade. it is a tough nut to crack, but it has to be cracked. the trade were has been the chinese in a position, they are trying to defend forced technology transfers, dumping, trademarks, trade secrets, -- cnn did a story where 20% say that face is >> thank you for being with us. >>> now to a very important topic, life after retirement. any review says that most americans don't give enough thought to their future when it

bank of america, meryl lyncrill >> i know mary anne knows this but talking about procter & gamble, 11% eps growth probably trades at a standard deviation at its multiple. i understand why people chase it but i think it's wrong i get exactly what she's saying. not ridiculous to think the s&p, i could cite five reasons and probably none will come to fruition i'm nor cautious maybe the consensus is right. >> what's encouraging for the market is that she talked about the reach for yield, and what you're seeing is a dynamic, first of all, if you look at high yield, we're basically back to the tights, krecredit spreads from the blow off topic, if you look at duration risks, people have been pushing out the curve in terms of duration, without getting overly technical, buying longer term debt, where you have more volatility is something people have been doing and something where people get concerned. the rotation in the market the last two days tells you people are going back to big cap tech. >> icto your point, people got o overlevered with the defensive names or the growth names, and i think

amazon.com are holding their breath for what could be a purge that would favor major brands like procter or lego. the purge is expected to reduce amazon's overhead and increase revenue. what is behind the purge? why is amazon even considering such a thing? >> basically e-commerce business has two parts. it has a retail side, where it buys products wholesale and then , like athem at a markup traditional retailers like walmart. then, it also has this marketplace model, similar to ebay, or a consignment shop. they basically use the website as a matchmaker between the seller on one hand and the buyer on the other. what is happening is amazon is trying to shift more of its smaller vendors, people that buy through wholesale model currently, shift them to this marketplace model where those suppliers will be selling directly to amazon shoppers, one shopper at a time. >> apple has unveiled its first updated ipod touch. it has got a new chip, a way to tap into apple's new services, and a new price tag, why is $199. apple revamping a product that -- well, it is cracking on, isn't it, 20 years old.

amazon.com are holding their breath for what could be a purge that would favor major brands like proctere, sony, or lego. the purge is expected to reduce amazon's overhead and increase revenue. what is behind the purge? why are they considering such a thing? >> basically e-commerce business has two parts. it has a retail side, where it buys products wholesale and then resell them at a markup, like a traditional place like walmart. and they have a consignment shop. they have this marketplace similar to ebay where there is a website as a matchmaker between the seller on one hand and the buyer on the other. what is happening is amazon is trying to shift more of its smaller vendors, people that buy through wholesale model currently, shift them to this marketplace model where suppliers will be selling directly to amazon shoppers one shopper at a time. >> apple has unveiled its first updated ipod touch. it has a new chip and a way to tap into apple services and a new price tag, $199. why is apple revamping a product that -- well, it is cracking on, isn't it, 20 years old. >> the last time the

at the time, there were procter & gamblesty 24 comic book shops in san francisco. today there are just eight left. com comic experience is the oldest comic bookstore with the same location and the same owner who is also a major figure in the comicbook industry. the features and traditions that define the business include the two locations, 305 divisadero and 2381 ocean avenue as well as their window displays, graphic novel of the month club, reader and creator focused business model and the video archives. the second legacy business application is for hockey haven, which is a neighborhood sports bar established in the outer richmond district by renee trudeau, a french canadian who played hockey for the new york rangers. he moved san francisco and opened hockey haven. the bar has had only three owners and remains a thriving neighborhood business. the features include the location at 3625 balboa, the televised sports t wall of fame on one interior wall, including photographs of renee trudeau. the monday night steak dinner. pool table, outdoor garden, pebble dash fron

. >> coca-cola, procter & gamble all these safe-haven stocks showing growth >> and walmart doesn't haveh yield, so you can't chalk it up to a bond proxy. this company has found its groove after a long time of sitting back and waiting on e-commerce >> walmart is josh's last-chance trade. >> meantime, lululemon out with earnings after the close sarah? >> lululemon is a darling of the system it's way outperforming retail and the market it's beat revenue expectations 17 of the last 20 quarters so investors will want to see whether it can keep that momentum going watch those same-store sales always key expectation on the street, 11.6%. the company just guided during the quarter and said expect the low double digits. that's where the market is men's business will be in focus, a huge growth driver, international as well. it's a small part of the business it's growing very, very fast they don't necessarily break it out, but in recent quarters, they have been pointing to the numbers on men's and international because they've been that impressive i would put e-commerce in there as well. options i

. >>> the 10th performer is -- it's stunning, it's procter & gamble up 20% year to date. proctor was the best performer before it was taken over by united technologies. complicated story, break up, merger, i like it, but proctor is simple. consumer package goods company gave us terrific earnings. many to come of accelerated growth rate, good dividend 2.7% yield unbelievably low 10%, ceo doing a superb job, there you have it. the large cap companies most responsible for the terrific run in the dow, and looking at them as a group, i remain fairly bullish. that said, i think people have gotten too optimistic about the prospects of trade deal which is why i recommend waiting for that dip which we're going to get before you build a position in some of the bottom line, there is still a lot to like here. but i'm right, i'm right did i think these trade talks could break down you'll want to keep some powder dry to buy new weakness and get real bargains. let's take questions let's start here to our left thank you. >> thanks, jim my name is amanda and i'm from connecticut. my quest

you see colgate, coca-cola, pepsi, procter & gamble. utility names. finally, you noted beyond meat, but look at some of these big ipos today pager duty, revolve, zoom video, all down 7% or 8%. pinterest and crowdstrike are down 4%. not quite a trend, but something that bears watching. guys, back to you. >> bob, thank you very much. the dow edging toward record highs. on track for its beth month since october of 2015. its best june since the late 1930s. even i remember those. should you keep riding this run? joining us is sylvia joblonsky, and david katz, at matrix asset advisers silvia, let me start with you, is the big story this week what happens at the g-20? is that the thing the market is going to hold its breath about >> i think the market is pretty happy about what jerome powell said the other day as well i think there are a few factors. one is we have a very active fed rate cuts coming our way. they would like to sustain the economic expansion, at least support it that's what helped the market in the near term. and the g-20 thing is hope is sti