you got to have it as part of your portfolio if you're further out on the risk curve. >> steve grasso. >> alus, it's a clean battery company, alusa energy. >> interesting that does it for us. how am i doing? some say this is my greatest challenge ever. governments in record debt; inflation rising and currencies falling. but i've seen centuries of rises and falls. i had a love affair with tulips once. lived through the crash of '29 and early dot-com hype. watched mortgages play the villain beside a true greek tragedy. and now here i am, with one companion that's been with me for millennia; hedging the risks you choose and those that choose you. the physical seam of a digital world, traded with a touch. my strongest ally and my closest asset. the gold standard, so to speak ;) people call my future uncertain. but there's one thing i am sure of... tonight, a directional plan. disney rolling the dice on mgm keeping cool with yeti with us, carter worth, mike co-and taupe zhang let's get right to it. magical ride up. our chart master says the house of mouse could be heading to a fresh all-ti

. >> i'm melissa lee and this is fast money money steve grasso, jeff mills, brian kelly and pete in a jerian las vegas casinos getting ready to open the doors a little wider. plus not clear for takeoff a second set back sending shares of virgin galactic tumbling. with two days left before valentines day we're taking a look at some of the most loved stocks on wall street. or will it be true love or heartbreak for these names big week for twitter shares surging more than 25% since monday for its best week in six years the jump coming after the company reported the second billion quarter of 192 million pete, though is selling. he's out pete, why? >> well, i think the run was just absolutely extraordinary, mel, and when you make a look at it, they did everything right, right. they had some great amountization, up. when i look at the pe, i feel like it's stretched at this point in time, even for this particular name. twitter's always traded at an inflated pe. this was a stock that i was lucky enough to get at $35 a share in august. i based my thoughts upon usual actions that got me into it

so there is a lot of cash waiting to be spent, steve grasso, and that could really spur an uptick in economic activity as well as inflation. >> you know, just a couple of weeks ago we were worried about -- or let's even go back we've been worried about a deflationary death spiral when we don't have that right now we haven't had any whiff or sniff of any inflation for the longest time now we finally do. so i think they're going to let it run a little bit hotter as all of us have said and, yes, it could to guy's point, it could get out of control, but we're going to watch the next four years of unprecedented stimulus. we've seen the first 2 trillion tranche. we've talked about the number that's been hinted that we could see 10 trillion in stimulus. but let's not forget this. if you would have sold this market 900 handles ago on the s&p s&p that would have seemed like an intelligent thing to do and you would have missed this rally that has been so aggressive to the upside so although we're all waiting for the bottom to fall out, we're just riding the course right now, and i think you ha

i'll let you get returned to the phone call >> thank you >> steve grasso, what would you want to know know, i reached out to jeff sonnen felt, our friend and expert in ceo leadership, in particular, and he said that there are many examples of founders going on to play, you know, important roles in companies as executive chairmen. bill gates, howard schultz, larry grove. he said there's about 30 other examples of that it worked out pretty well for the companies. >> yeah. i think it can work out pretty well obviously, jobs to tim cook, everyone thought that was going to be the end of the world for apple, and tim cook has probably done a better job. the question i would ask is how would you keep this retail operation moving forward obviously, we know what his focus has been what does he see what will he bring that will bring a new voice, a new vision for the retail arm of it what does he see, what's his next agenda. what is his next new prick when it comes to the retail site? >> when i heard the news and saw that everybody was so comfortable with this guy taking over, i thought about the

joining us for more on what is driving this big comeback is steve grasso i guess we can understand whynancials are higher how much longer can stocks keep going up as interest rates go up >> let me tell you we had a 1.94% ten year before back in november, 2019 i don't think that is the issue. it is how high can value go? the way i'm playing it, and then ge has been a long term holding of mine as well. now you flip over to the growth side look at the spacs. wpf. bft. stpk grossly under valued they've been thrown outbaby with the bath water. it is not doing it justice look for the spacs that have great management teams and companies with earnings and a future in front of them. don't throw them out just because they're spacs. i'm still playing it with value. look at the names. they've more than doubled and i think they'll do again >> we were talking about it earlier and charlie says the same thing that value is going to be the big trend this year. we have about 30 seconds final thought. >> we've had growth outperform the last 15 to 20 years and now we are looking at value out performing fo

. >> steve grasso. >> so virgin galactic was pulled into this stocks that rallied and had the short covering6% since january 1st their test flight window opens up february 13th i'm looking for 15% to the up side very quickly above 62 >> james mcdonald. >> i've got something new in ode to my friends in houston, especially a huge fan of yours, brookfield renewable partners. they own and operate the large earth portfolio of assets. they've got no debt and 11% growth over the next several years, and any condition, especially a bear market >> guy adami >> clearly a misguided plan. >> obviously >> lmt >> thanks for watching fast. mad money with jim cramer starts now. >>> hey, i'm cramer. welcome to "mad money. welcome to cramerica other people want to make friends, i'm just trying to make you some money my job is not just to entertain but educate and teach you so-call me at 1-800-743-cnbc or tweet me @jimcramer. dow falling an

steve grasso, or in december it was a great opportunity to raise more capital than they thought they could raise just a few months ago >> yeah. i think that's probably why he's leaving. so all the questions that we have, that's probably the crux of it is that somebody tapped him on the shoulder and said, did you go away for a couple of weeks? why were you asleep at the switch i think we all knew on this desk how this was going to end and the chart reflects that. but yes, i agree they could have changed a lot by raising some capital he didn't do it and i think that's why he's butting elbows out the door >> did you catch the gaming reference? falling asleep at the switch >> i didn't even know about that. >> the stock is down whether you appoint hello kitty or kitty carlisle, it doesn't matter is you've got a case where it's just amazing to me that the stock reacts in the aftermarket when this has nothing to do with fundamentals >> coming up, issuing digital dollars. much more on that straight ahead. first, earnings news check out shares of toll kband square eds on car insurance and a w

i remember steve grasso, 386, was on and said he wasn't as encouraged and thought you would see a failure. steve had it spot on here we are with a significant move to the downside so the question is, where does it trade down to? what's your next entry point 2950 level if you remember from that september 2nd high, well two weeks later with was trading 2950 i don't know if we get there, but that's a fantastic entry point and remember that i think a day after earnings for amazon, i think on february 3rd or 4th, morgan stanley came out and put a 4200 price target on it. that's probably going to be right. the question is, does it get to 2950 first it's absolutely worth watching the next week or so. >> all right let's get to tesla here. dan, tesla is down markedly down about 15% here >> it's actually down 21% from its closing high last month, mel. what i think is interesting today down 8.5%, it was a bad break below its 50 taye moving average. the last time the stock closed below its 50-day moving average was november 16th, the day the s&p 500 announced they would be adding tesla to their 500 i

. >> i'm melissa lee and this is fast money money steve grasso, jeff mills, brian kelly and pete in a wider. plus not clear for takeoff a second set back sending shares of virgin galactic tumbling. with two days left before valentines day we're taking a look at some of the most loved stocks on wall street. or will it be true love or heartbreak for these names big week for twitter