with thinkorswim only at td ameritrade. used car, did you know slow internet can actually hold your business back? say goodbye to slow downloads, slow backups, slow everything. comcast business offers blazing fast and reliable internet that's up to 16 times faster than slow internet from the phone company. say hello to faster downloads with internet speeds up to 250 megabits per second. get fast internet and add phone and tv now for only $34.90 more per month. call today. comcast business. built for business. comcast business. oh hey john, i'm connecting our brains so we can share our amazing trading knowledge. that's a great idea, but why don't you just go to thinkorswim's chat rooms where you can share strategies, ideas, even actual trades with market professionals and thousands of other traders? i know. your brain told my brain before you told my face. mmm, blueberry? tap into the knowledge of other traders on thinkorswim. only at td ameritrade. . >>> sprint shares spiked 5% today on reports that the company's chairman m

with thinkorswim only at td ameritrade.h hey john, i'm connecting our brains so we can share our amazing trading knowledge. that's a great idea, but why don't you just go to thinkorswim's chat rooms where you can share strategies, ideas, even actual trades with market professionals and thousands of other traders? i know. your brain told my brain before you told my face. mmm, blueberry? tap into the knowledge of other traders on thinkorswim. only at td ameritrade. >>> it is time the look back at our open trades. they were spot on with that call here is what we mean "option actions" it is how we make speedy profits. carter thought that the down stocks run was over done >> what i am thinking is that 3 m is going a little too far if you are a short seller >> hmm the chart master maybe onto something. shortening this doc of an industrialized disaster. >> what he said. >> so to reduce his risk, mike bought the august 210 strike how to make money? on the road, $206.25 cents by august operations. >> here, there is your $4 for your

sync your platform on any device with thinkorswim. only at td ameritrade >>> welcome back to "options action." a number of big banks kicking off earnings season next week and here's a look at what to expect seema. >> we have the first round of big bank earnings coming out next week with reports from jp morgan and citigroup and pnc on friday the financials is the second best performing sector of the last three months, up more than 6%, but the options market is implying modest moves at least compared to previous quarters, traders anticipating a 2.5% move higher or lower than jp morgan that's a hair shy of the 2.7% move wells fargo and citigroup expected to see a 2.3% rise or decline. citigroup is in line with its average and 1.8% move expected from pnc that's 1% less than the average 2.8% move higher or lower. despite the less than average implied moves, it could represent a $20 billion shift in market cap next week michelle, back to you. >> great set up, thank you so much how should you play the bank into earnings. mike has the call to

sync your platform on any device with thinkorswim.de >>> welcome back to "options action." call it the fang drain it's all getting hit as a tech heavy nasdaq 100 posted the worst move over the year. >> if we talk about the market cap drain here, it's been pretty substantial for those faang stocks if you want to call them that take a look in total take a look at the total percentage drops for some of these names. talking about a massive news here, likes of alphabet down 6%, netflix down by 8, apple down by 6%, amazon by 2, facebook, the leader of this faang drain, only down, only down by 1%. if you take them all in total as of earlier today it was around $94 billion in terms of market cap loss at the close today we've recalculated the numbers and it turns out it's about $104 billion in market cap loss for just these faang stocks. a very rough month for these guys to put it into perspective, $104 billion is like shedding all of kraft heinz in a month or all of honeywell. pretty big deal when these types of tech stocks fall the way they

sync your platform on any device with thinkorswim. only at td ameritrade >>> welcome back to "options action." jpmorgan, citi and wells kickin off lower. bob pasani at the nyse. >>> earnings season begins to pick up steam next week. netflix monday tuesday and wednesday more reports from the rest of the big banks. tuesday united health and johnson & johnson. then there's big tech names, ibm, qualcomm, ebay and you already mentioned microsoft. there could be an updated volatility when all of these names report netflix, for example, is a notoriously big earnings mover the options market is implying a more than 8% move in either direction for that stock that's a big move. ebay is another big one. traders are expecting that stock could move higher or lower by 6% ibm and qualcomm are implying a 4% advance or decline. johnson & johnson and unitedhealth are predicting a 2% move it's going to be a wild week >> thank you, bob. >>> some of the most frequent questions we get from our fans are, one, why doesn't carter have a twitter account that's

sync your platform on any device with thinkorswim. only at td ameritrade call it fang drain all getting hit as the nasdaq 100 posted its worst month in a year hi, dom! so, if we talk about the market cap drain here, it's been pretty substantial for those faang stock, if you want to call them that if you take a look in total, at the total percentage drops for some of these big names. we're talking about a massive move here. the likes of alphabet doup by about 6% netflix down by 8. apple down by 6% amazon by two. facebook, the leader, only down by 1%. if you take them in total as of earlier today, it was around $94 billion in terms of market cap loss at the close, it turns out it's about $104 billion in market cap loss for just these stocks in the month of june, so a rough month for these guys $104 billion is like shedding all of kraft hines or all of honey well in just a month, so big deal here when these types of tech stocks fall the way they have the momentum is going to be the real issue, folk, we'll see if that stays that way into

with thinkorswim only at td ameritrade.hey john, i'm connecting our brains so we can share our amazing trading knowledge. that's a great idea, but why don't you just go to thinkorswim's chat rooms where you can share strategies, ideas, even actual trades with market professionals and thousands of other traders? i know. your brain told my brain before you told my face. mmm, blueberry? tap into the knowledge of other traders on thinkorswim. only at td ameritrade. >>> welcome back to "options action." it's time to take a look back on some of the open trades. last week, dan played microsoft for a breakout >> options market is implying about a 5% move in either direction, so here's the trade in microsoft today around 73. i think look to a call calendar if you want to position to own longer dated calls so today, you could sell the july 21st next week expiration strike call at 65 cents and buy one of the september 75 strike calls for 1.30 that position would cost you about 60, 65 cents >> well, microsoft hit a new high in the afte

sync your platform on any device with thinkorswim.nly at td ameritrade >>> getting ready to report earnings, meg is on vacation, no, she's not. she's in sunny key west, florida. >> that's right, staying out on the beach here thinking about biotech earnings because no matter where i am, i'm thinking about biotech earnings, and it's a huge week. thursday, bristol-myers, celgene, roche, astrazeneca, and merck. in terms of projections, doesn't expect a solid though not spectacular second quarter earnings, just increased earnings for estimates across the board and says he expects q2 to be very good. citeding positive currency fluctuations as well as a drawdown on inventory in the first quarter. as is pointed out, those could drive results. 24 increases between april and july 2017 including four from celgene, six from gilead, and six from in terms of stocks, take a look. those have a lot of what cowen calls troubled franchises. those are big ones to watch as well finally, ones that cowen expects to beat, look at alexion, biogen and vertex h

sync your platform on any device with thinkorswim. only at td ameritrade >>> a number of big bapgs kicking off earnings season and we have a look at what to expect >> that's right. we have the first round of big bank earnings coming out next week with reports from jpmorgan, wells fargo, citigroup and pnc on friday. the financials is the second best performing sector of the last three months up more than 6%, but the options market is implying some mod moves, at least compared to previous quarters traders anticipating a 2.5% move higher or lower from jpmorgan. that's a hair shy of its average 2.7% move. wells fargo and citigroup where expected to see a 2.3% rise or decline. wells fargo sees a 3.5% move while citigroup is in line then the 1.8 from p% from pnc that's less than the move higher or lower, despite the moves, it could still represent a $20 billion shift in market cap next week michelle, back to you. >> great set up. thank you so much. how should you play the banks into earnings? mike's at the plasma with the call to action as

sync your platform on any device with thinkorswim. only at td ameritrade >>> welcome back to "options action." a number of big banks kicking off earnings next week seema mody is in the newsroom. >> michelle, we have the first round of big bank earnings coming up withreports from jpmorgan, wells fargo, citigroup and pnc all on friday. the financials is the second best performing sector up 6% the options market is implying some pretty modest moves, at least compared to previous quarters traders anticipating a 2.5% move that's a hair shy of the average 2.7% move. wells fargo and citigroup are expected to see a 2.3% rise or decline. wells fargo sees 3.5%. then there's the 1.8% move expected from pnc. that's 1% less than the average 3.8% despite the higher than average move, it still represents a $20 billion shift in the market next week michelle, thank you. >> how should you play the banks into earnings. mike's at the plasma with the call to action, as we say. mike. >> we're going to take a look at simply buying a call when do you buy a c

with thinkorswim only at td ameritrade.centurylink has been promising fast internet to small businesses. but for many businesses, it's out of reach. why promise something you can't deliver? comcast business is different. ♪ ♪ we deliver super-fast internet with speeds of 250 megabits per second across our entire network, to more companies, in more locations, than centurylink. we do business where you do business. ♪ ♪ where you do business. oh hey john, i'm connecting our brains so we can share our amazing trading knowledge. that's a great idea, but why don't you just go to thinkorswim's chat rooms where you can share strategies, ideas, even actual trades with market professionals and thousands of other traders? i know. your brain told my brain before you told my face. mmm, blueberry? tap into the knowledge of other traders on thinkorswim. only at td ameritrade. >>> it's time to look back on some of our open trades. a few weeks ago, mike and carter said that one surging dow stock was about to stall out and they were both spot

sync your platform on any device with thinkorswim.at td ameritrade >>> welcome back to "option action." crude oil making a run at $50 today, and closed its best we can week of the year, but energy stocks can be telling a different story. bob pisani at the new york stock exchange with more >> hi, brian explain this to me oil had its best week of the year it was up almost 9%, but the energy etf, the xle, was up only 2% that's a pretty poor response, given oil has gone from $42 to almost $50 in just a month so here's the problem. after being burned badly, all year on oil and oil company earnings estimates, the street is very skeptical fed oil can stay over $50. so look at exxonmobil. it hit a 52-week low today, because it missed on earnings. international production was lower than expected. now, chevron did a bit better, it beat expectations no one can get their hands around the price or even the direction of oil, i mean, nobody in january, this is an example, when oil was around $50, analysts confidently said oil would be about $56 by t

with thinkorswim only at td ameritrade.hey john, i'm connecting our brains so we can share our amazing trading knowledge. that's a great idea, but why don't you just go to thinkorswim's chat rooms where you can share strategies, ideas, even actual trades with market professionals and thousands of other traders? i know. your brain told my brain before you told my face. mmm, blueberry? tap into the knowledge of other traders on thinkorswim. only at td ameritrade. >>> welcome back sprint shares spiked 5% on reports the company's chairman met with warren buffett about a potential investment that news sent the market into a frenzy call volume was eight times that of puts. dan actually played the stock for a take-out back in march >> we could use options to maybe construct a trade strategy that would let you participate on a move to the upside and give you room on the downside if your long entry isn't great look to january 2018, sell the seven put at 80 cents and use that to buy the january 1015 call spread. costs you nothing. >>

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with thinkorswim only at td ameritrade. pg&e's assistance, without their training our collaboration with pg&e is centered around public safety. we could not do our mission to keep our community safe. anytime we are responding to a structure fire, one of the first calls you make is for pg&e for gas and electric safety. it's my job to make sure that they have the training that they need to make the scene safe for themselves and for the public. it's hands-on training actually turning valves, turning systems off, looking at different wire systems all that training is crucial to keeping our community safe and our firefighters safe. together, we're building a better california. >>> now that we're in the height of earning season, we're been flooded with numbers i need to remind you of something, i don't want you to overthink the market that's why tonight we're going off the charts with tim collins, my colleague at realmoney.com and a friend, to give you a better sense of what i'm talking about. cramer fave united technologies, we

in-app chat on thinkorswim. only at td ameritrade. the future isn't silver suits anit's right now.s, think about it. we can push buttons and make cars appear out of thin air. find love anywhere. he's cute. and buy things from, well, everywhere. how? because our phones have evolved. so isn't it time our networks did too? introducing america's largest, most reliable 4g lte combined with the most wifi hotspots. it's a new kind of network. xfinity mobile. unexpected leadership change in a publicly trading company it tends to be bad news for the shareholders the market likes certainty and few things are less certain than a ceo stepping down without announcing a replacement, but every now and then investors will have such a low vision of management that a departure can send the stock soaring higher. look at zimmer biomed. they specialize in orthopedic implants when the ceo announced he'd be stepping down without any permanent replacement waiting in the wings, zimmer biomed stock barely blinked since the news blinked, it's gone higher. i lik

sync your platform on any device with thinkorswim.rd highs. let's get to the cme group and the "santelli exchange". >> good morning. i would like to welcome my first guestst week, thank you for taking the time, peter >> thanks for having me, rick. >> all right last week treasury and national capital flows otherwise known as tic data, two months in arrears. may day to show foreigners just enamored with purchasing securities best pace and close to ten years. tell us what you think is going on, there peter. >> yeah, i think u.s. yields are just higher than the rest of the world. we're seeing that foreign buy. you're seeing as equity valuations hit all time highs, credit valuations are still a little wider than they were precrisis. i think there is actually more room for credit spreads to perform. which, you know, there's been so much talk about are we in a bond bubble or credit bubble. if anything looks cheap right now, especially with the foreign flows coming in. >> all right everybody watches the dynamic you're describing. that our rat

sync your platform on any device with thinkorswim. only at td ameritrade >>> welcome back to "squawk on the street." i'm dominic chu. telecom stocks are leading the way higher in the s&p 500 propelled by stocks of at&t. at&t shares are helping to lift the overall vanguard telecom with the ticker vox on pace for the best day since may 5th the telecom sector, however, still the worst performer in the s&p 500 so far this year, down by more than 13% that does it for this hour of "squawk on the street. back downtown to the start of "squawk alley. >>> good morning, it's 10:00 a.m. at mcdonald'soakbrook, ills and "squawk alley" is live ♪ ♪

in-app chat on thinkorswim.ameritrade. >>> time now for trading nation here, let us trade the eem, emerging market etf of its best day in two weeks erin gibbs, i don't like it because it is asia pacific lets call it the emerging etf. >> top nine of the ten stocks are based in china, taiwan or korea. either way, do you like it >> so, i do have concerns about this, ever since we saw a pop in the dollar around mid may, ever since then this etf have been in a flat trading range, it is bouncing around and as long as we are going to have concerns about raising rates in september and perhaps the dollar rising, this etf could again sort of stay in the stable trading range and under perform for the next three or four months once the rising dollar goes away, that's when we make the opportunity because we do see potential high growth in the asian pacific regions. >> what do you see of the chart of the eem >> well, the charts are mixed here i say we don't hate it and we don't love it either the big negative is that on a rel

sync your platform on any device with thinkorswim.ameritrade i put everything into my business. and i had all these points from my chase ink card. so i bought ingredients, utensils, even made custom donut cutters. wow! all with points. that's how i created the ripple: the doughnut in a doughnut in a doughnut. suddenly it's everywhere. i mean, it really took off. what will you create with your points? learn more about the ink business preferred card. >>> dow all time high of 194 today. we begin the second half of the year s&p 500 is back to 2438. we saw signs of this really from the opening bell when the transports posted their first intraday high since march 1st. now here comes some industrials. >> we got some data, 10:00 a.m. that was positive for the economy. stronger than expected rick santelli talked about it. that seemed to add immediately to the intraday chart that we were just showing to you another 40, 50 points. that has some people's attention. >> yep. >> we're going to see some of the components there i thought we were goin

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in-app chat on thinkorswim. only at td ameritrade.r bbut as you get older,ing. 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. >>> it's incredibly painful for an analyst to fess up and say, and i quote, we've been consistently wrong about this stock. but that's how michael pactor starts his research piece where he reiterated his sell call on netflix today. however, he then goes on to say he's been consistent in valuing the company upon its discounted present value, which is a way of measuring the future cash flow you know what? i am thrilled that this guy is just out there honest as the day is long, willing to admit he's been consistently wrong since he slapped a sell on netflix three years ago when he was trading at $63.49 it's now chose

tap into the knowledge of other traders on thinkorswim.nly at td ameritrade. >>> tonight, at 9:00 p.m., stop everything go to amazon and buy everything they have for sale, because it's going to be amazing. it will be so great, they don't even need to pay me for this endorsement. >> that was easy >> there, i did it, what amazon wanted me to do, i promoted their made up event, amazon prime day, that will drive sales. the consensus is it will produce gains up to 20% year over year, new benchmark, making it a day that will live forever in brick and mortar retail infamy today, we heard reports that amazon is coming after best buy with a geek squad of its own that's why the rare retailer that people thought couldn't beat amazon, because the stuff you buy there requires help. but amazon is putting together a unit we learned that is said to do what best buy does. and pop, there goes the stock of what we thought to be a winner now it's a loser down 6% how bad is the fear of amazon? get this, we got a downgrade today of costco's stock. it was titled

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with thinkorswim only at td ameritrade. >>> welcome back for more on what the ceo just said about therter, let's get to josh lipton, who is back at headquarters. >> the key number by this report, commercial cloud organized the rate that hit $1.9 billion. that was up almost 60% take listen. >> i'm proud of the progress, particular ly the strength of or commercial cloud results all up was a tremendous year of customer momentum with cloud, ai and dingital transformation our technology world view of an intelligent cloud and edge is resognating with businesses everywhe everywhere a place for themselves, $20 billion in fiscal 2018 azure, 97% more than 40 countries regionally back to you. >> thank you very much, josh lipton in terms of the cloud leader, now, it's really pretty much on par or exceeded amazon web services, which is a big milestone for microsoft. >> so, what does this illustrate pete's been on this story. what it illustrates is how quickly they, being microsoft, were able to make this turn and not an insignificant turn for a company of their size and how slow ibm is to make a s

with thinkorswim only at td ameritrade. the people, are tired of being surprised with extra monthly fees. we want hd. and every box and dvr. all included. because we don't like surprises. yeah. like changing up the celebrity at the end to someone more handsome. and talented. really. and british. switch from cable to directv. get 4 rooms with hd, dvr, and every box included for $25 a month. ♪ >>> now that we're back from fourth of july vacation, it's time to catch up on some homework when i get stumped by a caller about a particular stock, i always take the time to do the research so i can come back with a considered answer, not just some cuffed answer that says i like it on pullbacks back on may 8, don in wisconsin asked about kpti sense i'm not that familiar with this company i decided to give it another look. it's creates drugs on cancer and other diseases it has a platform designed around something called nuclear transport. i know that sounds like handling uranium, but it's answer the way cells get instructions from the

with thinkorswim only at td ameritrade. >>> we're back on "halftime. what have you got? >> judge, one of the best performing stocks out there this year, even up there with amazon, take a look at that run from january around 78, 79 bucks today. 96 they came in with earnings thursday this week i'm not looking at the weekly options, judge they were buying all the way out to september september, 97.50 something tells me that they are going to have a good report and continue a surge through the summer that's for visa. so what did i do i bought those calls and sold a strike above them and i'm at a call spread. i'll probably be in it not through just this week since it's september options, i might extend it well into august, judge. >> let me get a quick comment from the guest on visa. >> yes al kelly, who is fabulous, a tremendous hand and then al kelly augmented it this is one of the great stocks of all time. stephanie, i know you're going to agree with me this is a monster. >> it's expensive for what you're getting i prefer american express. >> i think charlie is so great >>

with thinkorswim only at td ameritrade. at the lexus golden opportunity sales event before it ends. choose from the is turbo, es 350 or nx turbo for $299 a month for 36 months if you lease now. experience amazing at your lexus dealer. >>> target has everybody talking today. you got a momentary reprieve time will tell which of the retail stocks recover. but you know what makes for the perfect protection from this diversification. that's right, diversification. it can help protect you when the whole industry goes out of vogue. whether the sector be retail or oil or auto or any other one in bear market mode in a bull market that's why we play diversified give me a call or tweet me and tell me the top five holdings and i'll tell you if you're diversified enough and if you need to-sell sell sell boo-y boo-yah! mgm growth properties, am i diversified. really interesting okay mostly interesting because it's six stocks, not five but that's okay. i'm a forgiving person health care for pets this is a humanization that i love so much visa, people went, kelly is always welcome on the show, is d

with thinkorswim only at td ameritrade. it's so... quiet. is it, too quiet? it's awful. yeah. feel at home, pretty much wherever you are. t-mobile is america's best unlimited network. >>> welcome back earnings season is starting up with a major banks kicking things off tomorrow. stocks are holding up well because earnings have been improving since the recession ended last year. we're expecting 7% growth. likely go to 10% in a couple of weeks after they went up 14% in the first quarter and revenue growth has returned almost 5% this quarter, so the market is relying on significant growth from its two big sectors tech and financials. the biggest banks, those with trade l operations are expected to report good numbers because trading profits for stocks and bonds have improved. fees are a little bit better than last year and most reason bable banks have wealth and asset decisions that have grown as the markets have climbed, which has meant higher fees are being collecteded it's also expected to help the as well. >> thank you so much, bob pisani >> then they had a nice little lift a

in-app chat on thinkorswim. only at td ameritrade. >> announcer: cnbc iq 100 up and today's leaders include boeing, at&t, express scripts, texas instruments and broadcom for more, go to cnbc.com/iq100. >>> we are back on "the halftime report" and pete najarian has been sent to the telestrator >> we have activity in the past. i own this as a stock. i'm not in the options right now but own it as a stock. it's pulled back significantly a lot of people are concerned about construction being a big issue but, in any case, look at this trajectory of this stock. by the way, he acquired 2 million shares, scott, of the 12 million he has already here's a guy who actually put his money where his mouth is much like jamie dimon. you've got to like that. september 135 calls, very aggressively bought. about 8200 purchased and call it about $4 change where they were purchasing these calls. by the way, they went out to january as well trading around that $10 range and almost ten times the open interest were purchased out there as

tap into the knowledge of other traders on thinkorswim.itrade. >>> welcome back to "fast money" less than two years ago chipotle faced food safety crisis that had teen most loyal customers running. just as that had blown over the chain now faces another food scare at one of its locations. >> reporter: so we should be clear that it is only isolated to one location in sterling, virginia multiple reports of customers getting sick after eating at this local chipotle. chipotle then issuing a statement to us this morning saying they are aware of the illnesses. the reported symptoms are consistent with neurovirus which chipotle says does not come from their food supply and the restaurant will re-open later today. memories are still fresh from the end of 2015 when e. coli and norovirus kept customers away. that resulted in a sell off from the stock price which was cut in half the stock used trade at $720 a piece. long way away from that. as a result the co-ceo having to step down in december. march said there was a credit card hack. interesting 18

in-app chat on thinkorswim. only at td ameritrade. >>> a federal judge is now ordering the so-called pharma bro, martin slelly to stop commenting on his security's fraud trial. meg terrell is outside the court house there in brooklyn with the very latest, meg >> reporter: hey, bill well that order from the federal judge coming this morning in response to requests from prosecutors monday evening seeking to bar him from talking about the trial at all outside the courtroom. this of course happened after he came into a room full of reporters on friday from a recess and commented on the case the judge saying, it's not a full gag order, saying outside and around the courthouse, she has ordered him not to comment on evidence or witnesses in the trial, citing the possibility for jurors to overhear him now the defense had opposed that motion citing his first amendment rights as well as council's need to respond to terribly prejudicial press coverage, concluding in a response his comments are the somewhat natural, though

tap into the knowledge of other traders on thinkorswim.y at td ameritrade. . >>> welcome back gold breaking a three-day losing streak amid rising ge oh, political tensions mike joins us from austin to break down the action. >> so, yes, we saw about two times the average call volume today. this is one that normally trades quite a lot of volume any way. we saw a big trade in the december 135 160 call spread 35,000 traded for about 42 cents, now, a buyer would be betting it's going to be above that by at least 40 cents or so so above 135.5 or there abouts in less than six months time there has been a lot of institutional interest in both of these strikes since the beginning of the year. it could be some follow on activity from that we saw in january and mid march. >> tim, your thoughts on gold? if aicbm doesn't move gold by more than 3%, it seems like it's not reacting think about brexit, where the collar has gone. you've had no chance higher than this it's been a sideways bet if you're lucky >> thanks for that, mike mike in austin for more o

sync your platform on any device with thinkorswim.at td ameritrade ♪ >>> can the transports bruise the bull i'm a huge believer you do need the stocks that are involved in transportation, because that's a commerce, to go higher in order to verify the true bon feeds of any rally. you've got to move with genuine staying power. the financial stock going up after they reported their quarter, but they've held their ground however, the stocks in the transports representatived by the dow jones transportation average, they've been a disaster peaking july 14, 9,743, plunging to 9,183 today that is a breathtaking, breathtaking decline this group can be fairly emotional, meaning the truckers, the airlines, the rails, the straight, and a barge company can really jump around right now, though, they're jumping into an abyss. this weekend, between trips to my garden, i read the conference calls of every single transport in the index that reported and all i can say is while there are reasons for declines, they not to me necessarily signal a dire econ

sync your platform on any device with thinkorswim.nly at td ameritrade to keep our community safe. before you do any project big or small, pg&e will come out and mark your gas and electric lines so you don't hit them when you dig. call 811 before you dig, and make sure that you and your neighbors are safe. 811 is available to any business our or homeownerfe. to make sure that you identify where your utilities are if you are gonna do any kind of excavation no matter how small or large before you dig, call 811. keep yourself safe. >>> we need to talk about this incredible run in ptla, portola pharmaceutica pharmaceuticals. you'll want to hear about this this is a development stage biotech. you may never have heard of this one. but it has rocketed 190% year to date, including a staggering 78% just in the past month this kind of move is is exactly why i always tell you it's worth speculating in high-risk, high-reward stocks with development stage biotechs being some of the best examples because when they work, they really work. but on the

tap into the knowledge of other traders on thinkorswim.nly at td ameritrade. >>> oil could have a sustained rally. from the looks of things in st. petersburg from the oil ministers are meeting, you can forget about it. there appears to be no consensus about anything, including how to get libya from flooding the world with crude how about the u.s. could spending be on the decline soon the ceo of slumberge made me a believer because the growth targets, let's just say won't be met, and that could change the worldwide pricing dynamic in a positive way. i heard nothing on the halliburton call that would disagree slumberge is the world's largest oil servicing company. he realized oil would say down lower and longer and reconfigured the business to withstand any pricing crash. he feels there's genuine restraint among russia and saudi arabia, those are the two most important worldwide producers. second, he explains that the rest of the world, producers have so underinvested in the last three years, it would take some time to ramp back up, leading

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tap into the knowledge of other traders on thinkorswim. only at td ameritrade. >>> i was trying to listen to the last minute. there's lots to get to on the earnings call but questions on amazon's guidance going into the third quarter and what the whole foods acquisition means for the bigger picture here's what the cfo said about their grocery strategy. >> we're experimenting with a number of the formats from fiscal pick up points on amazon go to online ordering and delivery to your door through prime mail and amazon fresh and we'll see how customers respond. we like the response we have seen so far. we think all of those are valuable services. >> now he ended by saying they were excited to add whole foods to their grocery offerings and as i was getting on tv he started to talk about cloud as well some concerns around the operating margins and it's decelerating and when you compare that to microsoft's last quarter, nearly 100% growth some analysts are suggesting a better position and big corporate customers but scott as you said amazon stil

in-app chat on thinkorswim. only at td ameritrade. >>> take a look at the heat map this morning up five points or so we'll keep an eye on that as we work to the afternoon session. let's get to the group get to the santelli exchange with rick, hey, rick. >> yes hi carl. on friday eve, charles, aloha, thanks for taking the time >> aloha, ricky. >> all right king of flows. give me the around the block on what investors should be paying attention to to what you're monitoring globally in flows >> well, we're seeing huge in flows into bond funds. we're seeing huge in flow into global emerging etfs, and we're not seeing much money going into the u.s. etfs the last few weeks which is surprising. and also the largest outflow from commodity, etfs, in quite a while. mostly due to oil. even though oil prices have been going up in the last couple of weeks, we've seen 14 out of 15 days worth of outflows >> all right you know, when it comes to commodities in particular, and oil to some extent being a subset therein, the dollar

you know that thinkorswim seamlessly syncs across all your devices, right? oh, so my custom studies will go with me? anywhere you want to go! the market's hot! sync your platform on any device with thinkorswim. only at td ameritrade >>> welcome back. president trump speaking about health care. that will take place at 3:15. at 1:00 p.m. in about 15 minutes the democratic leadership is talking about their own plan to better deal plan which will include a plan to lower drug prices. >> the democrats drug pricing plan essentially would do three things according to documents we have seen, create an independent price gaujing enforcer to oversea drug price hikes and give pow toor negotiate directly and require drug makers planning to raise prices by a certain amount to provide justification. that sounds familiar many parts of the plan are ones we have heard before including from hillary clinton in the tweet that took five percent off bio tech stocks in the fall of 2015 contributing to bursting of the bubble. investors haven't been too spooked by democrats' plans bec

sync your platform on any device with thinkorswim. only at td ameritrade >>> welcome back stocks rallying across the board today. s&p and nasdaq up around 1% while the dow closed at a record high here's what's coming up in the second half of the show. heading out to sun valley, idaho where we spoke to barry dill lard today she'll give us the details on what he said will be the next big merge ner the space. plus, he's pribringing the heat with the one stock that he says will knock it out of the park, but can he convince you to buy we'll find out later in the show but first, we start off with the move of the day. check out the semiconductor rallying more than 1%. the stocks etf now tracking for its best week of the year. the move has been underscored by one stock that continues to seem to defy gravity. nvidia, up more than 4% today on the heels of yet another analyst upgrade, this time from sun trust. that's fifth in just the past month. wall street just cant seem to get enough of this stock, so will chips keep grinding higher? >> i thi

sync your platform on any device with thinkorswim.y at td ameritrade we, the people, are tired of being surprised with extra monthly fees. we want hd. and every box and dvr. all included. because we don't like surprises. yeah. like changing up the celebrity at the end to someone more handsome. and talented. really. and british. switch from cable to directv. get an all included package for $25 a month. and for a limited time, get a $100 reward card. call 1-800-directv. >>> all right. what the heck just happened to the transports one after another rolling over just when we expected them to be rallying the transports are one of the most sectors in the market so this week, this is becoming unnerving to me. with the broader market hitting new all-time highs again today, we've got to be concerned about this both the airlines and the rails have seen their stocks get obliterated. and the whole pulverization i find it shocking take today's news about norfolk southern the railroad reported a terrific quarter with solid cargo growth down the lin

tap into the knowledge of other traders on thinkorswim.itrade. >>> welcome back it's time now for the cnbc news update with sue herrara. hi sue. >> hi kelly, here's what's happening that the hour, everyone president trump summiting gop senators to the white house. telling them they must not leave town without sending him an obama carrey peel bill to sign afterwards, majority leader mitch mcconnell said they will vote to repeal next week >> it's pretty obvious, we've had difficulty in getting 50 votes to proceed but what i want to disabuse any of you is the notion that we will not have that vote next week we're going to vote on the motion to proceed to the bill. next week. >> a brazilian judge says bank accounts belonging to former president silva have been frozen due to his kwix on corruption charges. they amount to $190,000 in four accounts silva has been sentenced to nine and a half years in prison by that same judge. >>> chipotle has reopened a sterling, virginia, location after temporarily closing it when some customers reportedly got

in-app chat on thinkorswim. only at td ameritrade. a used car, to keep our community safe.efore you do any project big or small, pg&e will come out and mark your gas and electric lines so you don't hit them when you dig. call 811 before you dig, and make sure that you and your neighbors are safe. 811 is available to any business our or homeownerfe. to make sure that you identify where your utilities are if you are gonna do any kind of excavation no matter how small or large before you dig, call 811. keep yourself safe. >>> you may think bang is indomitable. you might be right but while facebook, amazon, netflix and alphabet formerly google seem to be on an unstoppable path to domination i wouldn't put all my money in one space. they all trade together, they're joined at the hip, but build a defense in the event heaven forbid these stocks no longer perform the way they do now. or one brings them all down. you should put together a well diversified portfolio from many different sectors. why we play "am i diversified. give me your call, tweet me, tell me your top five holdings

sync your platform on any device with thinkorswim.nly at td ameritrade the power of the nasdaq market. the power of 100 of the world's top companies. the power of an etf. the power of qqq. the thinking we put in, clients get out. power your client's portfolio at powershares.com/qqq. before investing, consider the fund's investment objectives, risks, charges and expenses. call 800-983-0903 for the prospectus containing this information. read it carefully. distributed by invesco distributors inc. >>> welcome back the number of ipos in 2017 were up because numbers may not be the whole story. let's get to leslie at the new york stock exchange for more on this >> hey, melissa, that's right. we've seen 91 companies debut on u.s. exchanges this year, raising about $28 billion, that's more than double the 42 companies that went public during the first six month of the last year. that generated about $8 billion, so, yes. those numbers show a rebound, but more important for the ipo market is is performance of recent ipos. here's why investors w

sync your platform on any device with thinkorswim. only at td ameritrade we, the people, are tired of being surprised with extra monthly fees. we want hd. and every box and dvr. all included. because we don't like surprises. yeah. like changing up the celebrity at the end to someone more handsome. and talented. really. and british. switch from cable to directv. get 4 rooms with hd, dvr, and every box included for $25 a month. >>> this is senator lindsey graham after the meeting with mitch mcconnell on health care. >> do you think that's going to bring any of the holdouts around >> i think if you get governors liking this, that's going to free up several senators who are in a bad spot. on the politics of the democrat, if you're a single-payer person, this is not a good idea. we take the money and power out of the washington and bring it back home. if you're a moderate democrat and i leave the taxes in place, a generous new benefit, we don't do away with the tax cut -- we do away with the tax cuts for the wealthy. you've got to go back

sync your platform on any device with thinkorswim.itrade >>> welcome back the real estate sector having its worst day of the year, down nearly 2%, but new york city which is known for its skyscrapers and sky-high prices is showing no signs ref treating robert frank joins us now with the new manhattan real estate record that i really don't want to hear about. robert >> reporter: well, kelly, if you own you want to hear about it, but if you haven't bought yet you don't want to hear about it because you'll have to keep on waiting. it was a surprisingly strong second quarter the average sale price hitting an all-time record it will now cost you $2.19 million on average to buy an apartment in new york city in manhattan. median sales also up total sales volume up 15%. a lot of this is driven by condos the average condo price now topping $3 million, and new construction condos, those are the giant glass towers we see all around town, those average sale prices were $4.7 million for an apartment now, this is a big turnaround because last year

in-app chat on thinkorswim.ameritrade. >>> i've got to tell you, i'm all over the g20 meeting i feel like europe is doing better right now than we are the european economy has been picking up for a year. i think it will take a sharper turn for the better. it's about the changes in the banking sector that make things work at the end of the day, the health of the economy depends on the bank's ability to make loans. if they don't have the capital or credit, they're not allowed to make loans. nor years that's been the problem with europe. their banks were sick. aside from germany their economies were sick, too but it's changing fast how fitting that it ends i believe right now with the stabilization some would say seizure this week of the bank of sienna the oldest bank in the world seized by the italian government $6 billion bailout to put the institution back on its feet at last this week capitalization is huge, people i believe it brings to an end the chapter in european banking history. the regulators simply refu