we have the big names coming through, schlumberger, halliburton, so a lot to look for two in the comingours admits -- amidst a global backdrop. manus: when you talk about the oil market, a couple of great columns. three people at the g20 will drive the oil price, mohammad bin salman, putin, and trump. they produce more than 15% of opec. when it comes to fear and loathing in the market, volatility is the word you used. forers are paying more downside protection on the oil market than when oil was trading at $47. let's talk about the markets. a board for our viewers. s&p 500 down .6%, the second correction. it was the third worst thanksgiving week since 1939. the pe has dropped 17%. is that a value proposition, or are there bigger risks to come? bitcoin, 24% it dropped last week. $700 billion wiped out. the market value of all cryptocurrencies has been demolished. billion, down from $835 billion. was that a bubble? good morning. how are you? yousef: yeah, well, you look at u.s. treasuries. i want to look at the oil selloff and the treasury curve. it was mixed. limited movement on the 10 y

we debated buying schlumberger today. the prognosis is still too negative bp is a better yield thank you for that call. i wouldn't be surprised if you're brought into a stock cyclone if the bulls don't get their way this weekend, and i don't think you will, bulls, because it's not about the market, it's about keeping our country strong you now have a shopping list that i think can work. coming up, dollar tree is known for luring customers with discounts. but it could be the best place for the stock market i'm eyeing the company after earnings then the fed has stokpoken. and i'll give you my take. and the ceo of the company behind the brand of calvin klein. don't miss my ex-chclusive withe ceo. so stay with cramer. >> don't miss a second of "mad money. follow @jim cramer have a question? tweet cramer at #madtweets send jim an e-mail to madmoney@cnbc.com. or give us a call at 1-800-743-cnbc miss something head to madmoney.cnbc.com. xfinity mobile is a new wireless network designed to save you money. even when you've got ser

that includes william companies, kinder morgan, and even big companies like occidental and exxon, schlumbergerese high dividends safe or not? with rates likely rising in 2019, it's going to be more difficult for companies to go out and borrow money there will be more pressure to fund it from cash flow and with oil prices down that could be tougher for companies like exxonmobil which has seeng lower production in the last few years, though production has grown in the last quarter. son's 4% dividend is probably safer than most. it raised its dividend 36 consecutive times. that has to be a record. >> bob, thanks >>> we thought it would be the perfect time to go yield hunting. are these surging dividend stocks a buy or should you let them fly away? i know you have a question out there, how does this work? here's how i give you a name like exxon yielding 4.3%. if you're buying that name, you'll see that target as this name is worth the hunt if you'd rather let it fly away, see the duck in red taking off no thank you, duck got it, everyone. >> brilliant. >> you're going to kill the duck with a green

pb and schlumberger will be good but i seem to be the only one that feels that way. illinois dave how you been, buddy? >> caller: i'm doing well. how are you? >> i'm doing well. you know, tough week with the eagles but go ahead, what's up >> caller: my stocks are today marley, da vinci and i like intuitive surgical. >> my boy had a good weekend, i'm with intuitive surgical and say buy, buy, buy. we have to give up on everything in this market and that, ladies and gentlemen, is the conclusion of "the lightning round. >> announcer: "the lightning round" is sponsored by td ameritra ameritrade so all... evening long. ooh, so close. yes, but also all... night through its entirety. come on, all... the time from sunset to sunrise. right. but you can trade... from, from... from darkness to light. ♪ you're not gonna say it are you? at&t provides edge-to-edge intelligence, covering virtually every part of your finance business. and so if someone tries to breach your firewall in london & you start to panic... don't. because your cto says we've got allies on the outside... ...&

schlumberger is now trading at an eight year low. back company taking a hit. vonnie: a headline crossing the , there is taxed now. -- officials say negotiations are concluded but there is still some shuffling between london and brussels. according to the unidentified , the eu and u.k. negotiators have agreed in taxed on how to avoid a hard order. t on how to avoid a hard border. if this is true and there is language on how to avoid a hard border, this would be massive. >> presuming it would actually pass the u.k. parliament. there has always been the potential to avoid a hard border by putting the u.k. into the customs union, which hard-core brexiteers do not want or making a border at the irish sea which wantusly the dup does not and the conservatives need their votes in parliament to have a majority. until we see the details of the text it is hard to read too much into whether it will successfully pass or not. you can understand why markets and simply would reach to buy sterling on the headline. vonnie: a little movement in thes as well as selling in two and

halliburton, schlumberger both down today. another headline crossed the bloomberg in the last 10 minutes which showed u.s. crude output in september rose to a record of 11.5 million barrels a day. a bit of a concern there as well. oil's is a boon for transportation. airlines doing well today as they face much cheaper fuel. among the topan 10 performers in the s&p 500 today. apple having a bad day today, capping off a very bad month. david: thank you. president trump may be in argentina but robert mueller continues to work here in the u.s. does the latest indictment mean for the president and his administration? this is bloomberg. ♪ david: this is balance of power. we turn to mark crumpton for first word news. argentina's president has opened up the summit for a call with member nation to support international cooperation and multilateralism. todayeted president trump as the annual meeting of leaders from rich and developing nations opened in argentina. president trump spoke about his longtime personal friendship with president

. >> coming up a viewer wants to mo what the traders think of schlumberger you can reach us on our websiteom/halftime or tweet us @halftime 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. and then, more jobs robegan to appear.. what started with one job spread all around. because each job in energy creates many more in this town. >>> twitter shares have lost a third of their value since their june high. is it time to buy the dip? find out on cnbc.com now. now back to scott wapner and the "the halftime report" traders. >>> time to answer your questions. first one, brenda is for you. comes from mike from pittsburgh. what do you think of slumber jai. >> he had earned it earlier in the years. we sold it in the 50s. it was a disappointment for us, but this was a company that had great technology in the oil services business. the whole group has been honestly horrific this year but --

oil is extremely weak not just as a commodity but stocks like schlumberger, fifth -- 52-week low. could go a lot lower. connell: jonathan, thank you for the time. always appreciate it. >> thank you. melissa: absolute devastation in california. the death toll is rising as three separate wildfires burn across the street, the state, excuse me. crews are working round-the-clock to try to contain the flames. a live report from one of the hardest hit areas coming up. connell: recounts are now underway. we'll have the latest on that ballot battle as we continue. connell: county officials warn they will not meet the thursday deadline. with all of that happening fox news correspondent phil keating joins us from lauderhill, florida. what is going on, phil? >> two things unite florida republican governor rick scott and florida republicans, that is, those are, broward county elections office, number two, the superintendent of elections brenda snipes. governor scott this morning filed a brand new lawsuit, hoping a judge would allow state police officers inside of this building behind me to gua

chevron, schlumberger, chevron >> yes >>> final trades are straight ahead. know what's going on. i've done all sorts of research, read earnings reports, looked at chart patterns. i've even built my own historic trading model. and you're still not sure if you want to make the trade? exactly. sounds like a case of analysis paralysis. is there a cure? td ameritrade's trade desk. they can help gut check your strategies and answer all your toughest questions. sounds perfect. see, your stress level was here and i got you down to here, i've done my job. call for a strategy gut check with td ameritrade. ♪ >> announcer: the mimissed the z or the call of the day no problem, just go to cnbc.com/halftime to see the moves, the trades, who's winning and who's losing plus, breaking news and analysis of all the top stories just go to cnbc.com/halftime i'm tecky. i can do it all. go ahead, ask it a question. tecky, can you offer low costs and award-winning wealth management with a satisfaction guarantee, like schwab? sorry. tecky can't do that. schwabbb! calling schwab. we d

>> schlumberger, pipelines. >> energy infrastructure? >> slb is the ticker.mberger is doing oil services in the field. buy pipeline companies. ticker a m.j. is basket of different oil pipelines. buy chevron and exxon all day. they participate up and downstream. great way to play it. stuart: another hit, david. you packed a lot in there. >> the new seat is comfortable. stuart: come to see us again soon. check that big board. we lost a little bit of the rally. we were up 150. we'll take it. half a percentage point higher. big tech names bouncing back all of them. i'm squinting to try to see but i can see green. they are all up. >>> microsoft is one of the -- don't you love it? liz: why do you love it? stuart: i got a little sliver of it, okay? apple's new ipad and macbook are available. you can get them today. three dow stocks hitting all-time highs. they are mcdonald's, coca-cola, and unitedhealth. got it. >>> you better look at walmart, very important story here. walmart has surpassed, they have beaten amazon. they're now the most popular grocery store for on

in the meantime, energy companies are getting hit by that, the likes of halliburton and schlumbergeroils pain -- oil's pain is the airlines' gain. they look to gain from lower fuel prices. lisa: we are looking at the negatives, so i will pile on here and talk about deutsche bank. i want to look at it not from an equity point of view, where the shares have fallen to the lowest on record. but from the bond side, if you take a look, these are investment grade rated bonds of deutsche bank. you can see the prices have absolutely plummeted. these were bonds that were sold less than two months ago, at the beginning of october, about $500 million of loading rate notes -- floating-rate notes. the reason why this is interesting, it is interesting to talk about deutsche bank's profitability. abouther thing is to talk credit readiness or potential liquidity, which we have seen in its contingent capital bonds, also falling. if you take a look at goldman sachs, we are looking at how goldman sachs equities have had a very bad month. there bonds have -- the bonds have as well. yield bonds of goldman

big oil, exxonmobil, conocophillips, chevron, look at the services, halliburton, baker hughes, schlumberger the pipelines. this is very interesting, trans-canada, enbridge, kinder morgan a little nugget there, decision by a federal judge in montana repudiating one of the president's first acts in the energy space, to fast track the keystone pipeline. this morning that ruling say nothing work can go forward until the government more fully reviews the pipeline's environmental impact back to you. >> thank you, jackie >>> as we head to break, shares of yell reason plummeting, the online review company missing on revenue by slower-than-expected local advertising growth you don't often see a stock lose 30% of its value "squawk on the street" will be right back i am a family man. i am a techie dad. i believe the best technology should feel effortless. like magic. at comcast, it's my job to develop, apps and tools that simplify your experience. my name is mike, i'm in product development at comcast. we're working to make things simple, easy and awesome. >>> shares of disney are up 3% after reportin

the lower end of its trading range and actually think it will go up over the next three months schlumbergere best and the stock has done miserably down 28%, at a ten-year low pays a 4% dividend really good management and think as oil comes back this is due for a great catch-up we think it's got 30% upside east. >> i >> deep value play and peter, your next one is the hottest and coldest chip stocks out there. tell us about nvidia >> well, unlike united rentals with i have a classic value play and simple to understand business this is the opposite. this is a growth story and it's a more complicated business, right? and i do believe that it has been drastically oversole, sure, there is negative news out there about the overhang of inventory. but to us, two periods of inventory cleanup, that's not an infinite time and that does seem to take over things and i really i think that within two quarters nvidia will be back on track. >> that hot chip play back in focus for peter and, david, your final pick, it's a name we all know >> yes, google so, the faang group has been devastated and still think

t hughes, schlumberger, marathon oil. today's markets, let's go to bertha at the new york stock exchange. >> it's a risk off day we're watching treasuries move higher, the yield lower and technology and communications are the names leading the decline here at the big board. financials are weak as well but consumer staples are what's leading today. making the dow's day an outperformer, a new high for disney rallying on record results pg&e up on its restructuring. sarah had a great interview with the ceo. coke and mcdonalds hitting record highs along with united health and even with the decline, the dow is on pace for its best weekly gain in five months one of the interesting things is the divergence, look at the do you versus the russell 2000. the dow is down, and back in correction down more than 11% from their highs energy are among the biggest losers dragging small caps lower. when you have large caps making new highs and small caps dragging, it's really seen as a barish divergence for the market overall. >> let's talk

there are other things, things like schlumberger, e-bay, good earnings you never know what's going to happen on a macro level, but you can buy good business at attractive prices. >> thank you all appreciate it. >> sure. >>> shares of disney basically flat over the past three years as the stock has been clawing its way back from a big drop cause bid concerns over a decrease in espn subscribers have markets moved through that issue? everything you'll need to know before disney's big report and don't wait until the last minute to do your christmas shopping, and you don't even have to wait until black friday. we'll tell you which season are offering big deals right now stick withpor "welunch" we'll be back after this break only half the story? at t. rowe price our experts go beyond the numbers to examine investment opportunities firsthand. like e-commerce spurring cardboard demand. the pursuit of allergy-free peanuts. and mobile payment reaching new markets. this is strategic investing. because your investments deserve the full story. t.rowe price. invest with confidence. >>> magic. that'

first time ever, and we're not doing too much cabot, a gas oriented stock, eqt not down as much schlumberger is down 20% and a lot of discussion about the big banks and what's going on with that goldman is down. there's speculation what, if anything lloyd blancfein might be having with that. bank of america, jpmorgan chase, citigroup to the downside. rates are flattish maybe some specific goldman issues but also issues around rates and maybe about capital markets in the first quarter of 2019 guys, back to you. >> bob, thank you very much, bob pisani >>> the sell-off we've seen in equity since october sending investors fleeing to quality what the quality stocks and what does it mean for the market overall in rick santelli has be - mike santelli is looking closer at that. >> the quality stocks and wall street jargon are businesses that have high profit margins not dependent on the overall economic growth rate and low debt levels. strong cash flow, not leveraged and they have defensive properties if you want to look at stocks that are near 52-week highs think of mcdonald's, starbucks walmart is