health care vote that is why steve wynn is in steve, other than making me move stuff, what are you working on? let me show you. okay. our thinkorswim trading platform aggregates all the options data you need in one place and lets you visualize that information for any options series. okay, cool. hang on a second. you can even see the anticipated range of a stock expecting earnings. impressive... what's up, tim. see options data like never before. with thinkorswim only at td ameritrade. your insurance on time. tap one little bumper, and up go your rates. what good is having insurance if you get punished for using it? news flash: nobody's perfect. for drivers with accident forgiveness, liberty mutual won't raise your rates due to your first accident. switch and you could save $782 on home and auto insurance. call for a free quote today. liberty stands with you™ liberty mutual insurance. >>> my rare exclusive with the ceo of the corbett is coming up back up. hop onboard. i'm taking this one for a ride "mad money" is next. >>> welcome back to "fast money. we've got an earnings alert on faceboo

steve when -- steve steve wynn. they like you. [laughter] you are self-made multi billionaire and how did you do that? i am told the town was seedy but you built hotels that were more appealing but i would think a lot of people had that idea. >> ideas are easy but doing it is difficult. john: what was difficult? i am not a billionaire. >> first of all, having the benefit of the fis has coeducation that i got to go to college. when my father died we were broke. >> he was in debt $350,000. >> but i had everything i needed to make of life for myself or real life not by twitter or facebook. o real life. not to a virtual was. [laughter] [applause] by all they cared to get on with it. get on with it. to hustle suitor later you get a break. i was interested to get started. john: you were a manager of a hotel. >> before that i was at the university of pennsylvania running being go --. [laughter] i had 60 employees and i was 16 years old. with my dad died that was the only thing that was left of the family business for cry was prepared to

hottest stocks in the s&p 500 this year we'll hear from the company's ceo and "fast money" friend steve wynn on what is driving the stock. plus, chipotle jumps after-hours on an earnings beat. will a strong quarterly leave a good taste in investors' mouth to forget the health scare last week more "fast money" straight ahead. your brain is an amazing thing. but as you get older, it naturally begins to change, causing a lack of sharpness, or even trouble with recall. thankfully, the breakthrough in prevagen helps your brain and actually improves memory. the secret is an ingredient originally discovered... in jellyfish. in clinical trials, prevagen has been shown to improve short-term memory. prevagen. the name to remember. >>> welcome back to "fast money. i'm seema mody shares of wynn resorts are moving closer in after-hours trade. the big topic on the conference is expansion into macau, the world's top casino market and the growth numbers there now, market share is up, but ceo steve wynn pointing to some smaller challenges related to construction and one of its competitors. >> mgm in these fi

steve wynn has said the obamacare was the worst thing ever happened in america. it may be a coincidence that both of those gentlemen stab to get a lot of money saved if this obamacare is repealed. they are both telling rt heller to vote that way. this is a choice between donors and 200,000 people on medicaid. and i don't know where heller is in his heart. i never tried to read into politicians' hearts. it is clear what he has said publicly, if he votes for this bill, and it still contains the medicaid cuts, that will be a devastating proposition for him. >> nevadans, if you care strongly about this bill, you either want to see it or you don't. thanks for joining me. >>> coming up from there was no collusion to collusion isn't illegal to it definitely wasn't treason. we'll talk about lowering expectations. plus, the president tells us what a lot of people don't know. thanks for loading, sweetie. ...oh, burnt-on gravy? ...gotta rinse that. nope. no way. nada. really? dish issues? throw it all in. new cascade platinum powers through... even burnt-on gravy. nice. cas

we're expecting the president to come in any moment now, and steve wynn with his wife. this comes a democrat come out with their own plan, called a better deal to create job growth in the country. criticized by liberal pundits and republican critics, president is about to make a jobs announcement. involving foxconn building a factory in wisconsin. we're expecting that announcement to come short please, wisconsin could give foxconn $1 billion to $3 billion in tact breaks to get the plant built, we had a number of people on our show talking about this talking about job growth in the country under the obama administration, 10 million part-time jobs and independent contractor jobs creates out when benefits, 94% of those jobs, according to harvard and princeton are part time. you see reince priebus next to jared kushner, on a day senate has been debating affordable care act bill, the first round did not go through, we're looking at skinny repeal. senator john as been saying they could go through the night thursday to friday, with amendments coming in on that obamacare repeal

act am we caught up with steve wynn and the founder of britain save our schools downtown dallas and alley right in front of the door of number ten downing street what do you do out here when trays i'm a she says is busy balancing the books in there. with the save our schools campaign the austerity measures are going to be imposing the last seven years i think people have had enough of them to sort of fly the flag for state the state education system which has borne the brunt of many of these austerity measures and i don't know whether it's because the government don't use the state education system or many of them because education system but it's not a priority for them but over ninety percent of the people in this country used to education and it's a right not a privilege and the government needs to. provide a decent education system which at the moment it's not doing. about syria the facts already even the public accounts committee says the government suffering from collective delusion if you think you can make any further savings by imposing three million three billion pounds a year c

[applause] another big investor in our country, steve wynn. ising so much money for our great republican party. andrea, please stand up. thank you. thank you, steve. you have done a great job. thank you. foxconn will invest in southeast wisconsin, while a larger facility is constructed over the coming years. that facility is currently under negotiation. it will be about the biggest there is anywhere. the company's initial investment of more than $10 billion will minimum,00 jobs at a with the potential for up to 13,000 jobs in the very near future. minimumthe construction of this facility represents the concern of lcd electronics, and electronic manufacturing to the united states, the country that we love. that is where we want our jobs. to make such an incredible investment, chairman gou put his faith and confidence in the future of the american economy. if i did not get elected, he would not be spending $10 billion. [laughter] [applause] his great company -- you see what i am seeing, has seen our administration's work to remove job-killing reg

anthony scaramucci had said -- excuse me, donald trump had said it was in josh's book, i deal with steve wynnblow these politicians away. it's not even the same category. this politics is a category that's like 19 levels lower. yes, he has dealt with killers like carl icahn and others for years but is playing a completely different game, different scrutiny, different accountability. you can play buff against carl icahn and walk out the door. he can't do that here. >> the business that those gentlemen are in is a wildly different business, for solely making money and extracting the last penny of every deal they do, donald trump in a licensing deal or carl icahn green mailing some company to buy his shares back at a different price. those are different businesses. this government is deep, xheks a -- complex and complicated. a good number of members of this administration not only don't have experience but are so in over their heads when it comes to the operations of government, this compares nothing to business. being a good businessman does not necessarily mean being a good operator in the nat

ide love to see insiders be buying show us jamie dimon, steve wynn. stocks down, compressed. do you believe this is the bottom and we're ready to start the move to the upside is this sustained or not >> this is happening just when there is increased competition within the space and particular ly in grocery. today, courtney rag b b was at a lead l, a german grocery >> you're probably right is it? really sending prices down more promotions. so, i don't know >> i think actually, this might be sustainable target, if you look at target, prior to the, it seems as though the stock was starting to turn a corner it means things aren't as disastrous and at 13 times forward earnings, if you like walmart, i think target is about to catch up. >> what i would prefer to do is take my target if i leicht and i agree with you on the relative value. i'd like to throw walmart out on the short side when i look at what's going on with the xrt, think about the double bottom here first point of this is the walmart whole foods. second point is prime day. these are the two motes that take the xrt down

. >> i agree and i think steve wynn has been opportunistic in a way others haven't been brave enough to do, but how do you get past the valuation? >> well, it seems like everything, but how about this >> what if i told you, if if mckau is four times bigger than vegas and they are starting to take share in mccow, i think you'd say this is pretty impressive if they can grow their share advantage there, that could be huge each percentage is billions of dollars, so this could be something big for them do you guys left side of the desk, remember meeting mr. wynn in las vegas >> we did a lot of thing >> lack at that picture. you know something, you want to hash it out now. >> simon sorry any way, you have any questions requester pete let's vote let's vote no more questions. made such a solid pif. go first >> sttim is behind me you win. with wynn. and this is a story since he started buying stock when they had a $60 handle maybe a $50 handle i think it continues to grind higher dan. >> i found pete b to be very concise and i found him to make a compelling argument. the stock up 50%, i would

shortly after they became friends, he was at a fundraiser with steve wynn, who he had gotten to knowittle bit, and wynn calls over donald trump and says, i want you to meet my friend, dave aussie. you probably have heard of him because right at that time, bossy's group had just won a supreme court case, citizens united versus the fcc. his stock was trading at a high and trump was very impressed with that. trump is very impressed with status. he starts going to trump tower to tutor him on politics. one day, bossy said i went to the come along and introduced him to donald trump. charlie: what reaction did they have to each other? josh: according to the people i talked to about trump's orbit, they immediately clicked. the reason they clicked because bannon is someone who knows money and wall street, but also somebody who has worked in entertainment, cares about it, and speak the lingo. bannon is a guy that is full of political ideas. trump really was getting serious about running for president. not just to boost the ratings of the apprentice, but he really wanted to be president. charli

&p 500, that moved up 600 million shares of stocks 33 it's a buy i want to own it i want to own steve wynna much better buy for other reasons and in addition to that, i like these microcaps el dor rad dado is doing a terr job. >> okay. phil asks for your thoughts on the auto parts companies no word if it's phil lebeau. it might be. >> look, the infrastructure in this world is going to be improved and how do you do that? a derivative is class a trucks $24 stock. and then the retailers, o'reilly's oversold and i think that's okay even though amazon is lurking independent of all of that, my own reaction is that you have to own the parts of the ecosystem inside of the week because of autonomous driving and the electric vehicle and we had a big valuation but a small price that could be topped by someone. >> because nvidia is playing a big role in the future of autonomous driving and that stock has been an unbelievable winner, are you in that name >> within the framework of a billion cars on the road, 1 billion. and there's a lot of ways to participate. i don't know if -- i'm recommending navast

that was as good as the steve wynn cold shot when he bought millions of dollars at 55, 56.dorsey starting to look better on his buy. >> on his -- >> i'm warming up to dorsey himself because of the amazing -- because square has to be bought by something >> just so easy -- the stock goes up and suddenly you warm up to -- >> is there something else involved in this business that i don't know about, other than higher and lower prices? is there some sort of -- >> up or down -- >> what jefferson? it's about stocks, suddenly, he's gone. >> so rude, so rude. >> ghandi favor. >> what's tonight? >> gandhi faivor. zpr there's a biotech stock that is going to be able to be -- >> jim, we'll see you tonight. "mad money," 6:00 p.m. we will take a break and when committwe come back, more yellen -- no, go back to the hearing. here's chair yellen at senate banking. >> your words. in addition to these few unusual reductions here, is it possible that certain easpects of foreign economy, as far as slow growth in china are artificially lowering our influence in inflation in this country? or what