. >> tim seymour. >> it wasn't just about the strike of energy prices. to me it's the drillers, the offshore drillers. case in point, there's real demand coming on into the space as prices go on. baker hughes, halliburton, these are names that still work to their five-year average growth profiles. certainly on an evaluation basis, that's it. >> guy adami, would you roll into the sub sectors that did not do as well. >> for example? >> for example, the refiners. >> they're fine. we saw a huge capitulation. we saw a monster volume, especially in valero. i think the headwind still exists. back to the airlines, they absolutely still work. they had some energy issues. they sold off as we saw a spike in crude oil. they recouped most of it. dell the to me is the one that still stands out, jetblue within a whisper of $11. >> can you be a believer in both the energy trade and airline trade? >> yes. >> yes, i think you can because they move for different reasons. i would say a stock like g.e. would not have participated yet. they have a monster buyback. it's not pa

we will bring back tim seymour. i was watching the oil stocks today, particularly the ones tied up if russia, ooetder through bp's 19% stake or toll which said the bulk of oil and gas by 2020 is going to be russia. >> i think this is you are buying weakness here, i think oil is going higher. i think you look at brent. i think this is a global brand, you have a great mile. i think a lot of guys around hedgeed.n i think brent in the medium term can go to 115, it's a global demand. we have had tremendous data out of china. we had industrial growth around the world. i think oil goes higher and russian oil stocks, nova tech, one of the best companies to trade in russia i would not be buying that here. >> i was surprised by the move, i would have thought the brent move would have been more pronounced. >> yeah, you would have thought that. i would have covered it before all this news came out primarily because it had been down so much. i mean, you took out probably five to $7 of the geopolitical premium in it. it looks lik

tim seymour thinks so, josh brown is staying bullish. it's a street fight of epic proportions heading your way. we want you to cash your vote. who do you think will win? you can log on to cnbc.com/vote and tell us. you can vote as many times as you want. back in two. . . >>> you may recognize this airplane safety video. if you've ever flown on a virgin america flight the airliner is planning to launch a u.s. ipo according to a few filing. cnbc's phil lebeau joins us with the details. >> they say strike when the iron is hot. this is the airline industry, you see the return over a year or some here's what's going on with virgin america and for the time on when they start trading or a price. keep in mind, they first posted its first profit last year. that's the first time they posted an annual profit just $10 million. it has to be funding the expansion of flights and route forget. remember, most of tear flights are in and out of spraens and lax. they plan to do more with the dates they acquired as well as in washington and reagan. itative g

built for business. . >> time for the final trades, tim seymour. >> cifi bank, rates are going higherefit. >> yahoo monster trades today. i think the stock is going higher from here. >> brian kelly. >> tim talked about rates going higher. he is right on that i think. you buy it. it looked like the long end of the yield broke today. might be the top. >> guy. >> we have unbelievable intern. you have been at this a long time. >> page. page. intern. >> amanda garcia. >> ag 1. >> she is scared to be on camera. it's her birthday. >> happy birthday. >> this is going to come back to bite me. given what's transpired linkedin, into earnings tomorrow. >> i'm melissa lee, thanks for watching. we will see you tomorrow at 5:00 for more "fast" meantime>>> my make you money. i'm here to level the playing field for all investors. there's always a bull market somewhere, and i promise to help you find it. "mad money" start now. >>> hey, i'm cramer. welcome to "mad money." welcome to cramerica. other people want to make friends, i'm just trying to save you some money. my job is not just to entertain burk

let's bring back tim seymour, taking dan nathan's place at delivering alpha with melissa and the gangh you. a lot of earnings after hours as we wait here to hear from carl icahn. is anything jumping out at you this afternoon? >> i'd go back to ebay, because to me, this is best valuation. we're at a time when valuations across the s&p and the nasdaq most notably, are at levels people are uncomfortable about. this is a company that is not broken, a company that had transitory issues that weighed down the stock in the second quarter, highly flagged. it's a stock where there could actually be some activity around the corporate structure, et cetera. there could be things going on that are catalysts, but most notab notably, it's a name i like on valuation. >> well, that was a pretty quick second round, guys. we hope to do it again in the future. thanks again. carl icahn is ready to speak at the delivering alpha conference. let's listen in. >> it's great to have you back. >> great to be here. >> you know what they say about sequels. >> great to be here, yeah. >> last year was fun. we'll try

tim seymour -- >> bill. >> -- what did you make of the market action this week, especially this snapbacksaid and done, after all of the volatility, the s&p's finishing positive on the week here. >> well, after last week, though, we had a down week last week. so, on the net week over week, not a huge surprise. today's volume snapback was very light. i actually think by monday morning, we're going to be back facing at least some of the realities of what is the response from yesterday's events. i do think if you look at earnings, they've been a big help here. and fortunately, we're getting some eps growth, we're seeing the s&p in the meat of earnings season, and 77% of the companies have beat on eps, 70% have beat on the top line. so, the numbers are good. we are nearing also some kind of contrarian sell levels, though, in terms of sentiment. and you talk about volatility and how it seems to shrug it off. it's a little scary up here. >> do you agree, michael steinberg? richard steinberg, excuse me! >> yeah, michelle, it's okay, michelle. i'm glad you're not in the ukraine, by the way. >> th

catch tim seymour coming up with the "fast money" crew at the top of the hour at 5:00 p.m.ing to the ceo of the company that helps track movement in smart devices, invensence, she said. that's next, don't miss it. the economy growing 4% in the quarter. will that force jantet yellen t raise interest rates sooner than expected? what that means for the market, next. >>> and the market may be outraged about tax inversions where offices move overseas to avoid their tax bills, but a new trend in tax avoidance may be sanctioned by the irs and that's straight ahead. tdd#: 1-800-345-2550 trading inspires your life. tdd#: 1-800-345-2550 life inspires your trading. tdd#: 1-800-345-2550 where others see fads... tdd#: 1-800-345-2550 ...you see opportunities. tdd#: 1-800-345-2550 at schwab, we're here to help tdd#: 1-800-345-2550 turn inspiration into action. tdd#: 1-800-345-2550 we have intuitive platforms tdd#: 1-800-345-2550 to help you discover what's trending. tdd#: 1-800-345-2550 and seasoned market experts to help sharpen your instincts. tdd#: 1-800-345-2550 so you can take charge

catch tim seymour coming up with the rest of the "fast money" crew at 5:00.t why he thinks apple is the stock of the summer. don't miss that. >>> now, another factor weighing on markets. japan on high alert as a potentially devastating super typhoon is heading towards its shores. the weather channel's kelly cass has latest details for us now. how bad a storm is it, kelly? >> i do have good news, kelly. this system has weakened a little bit over the last couple of hours. it's no longer a super typhoon. it is still packing a punch, though, although it has been downgraded to the equivalent of a category 3 hurricane that we would have in the atlantic basin. but still, you can see it is very close to the southern islands of japan, right near okinawa where cadena air force base is located, but fortunately, winds have dropped below 150, making it a category 3. 125-mile-per-hour winds right near the center of our circulation. and it's going to be moving just to the west of okinawa. still, the japanese meteorological society has issued its highest emergency warning, m

. >> thanks, dom chu, tim seymour, a reason to be excited? >> i think so. it's an impeccable balance sheet. i think the dollar strength. a year ago, people were worried about multi-nationals and dollar weakness so in other words repatriateing those numbers back will actually be a tail wind for these guys. these to me is one of the great multi-national stories. >> let's go to netflix t. conference call is under way, michael past over has an under rating on the stock it's good to have you with us. you expected better than expected results in this quarter. what stand out? how do you get to underperform given this quarter? >> what stands out, they continue to grow domestically. that's a beggar part of the growing story than the international growth and they keep growing at a decent clip 570,000 netflix subscribers. you think thigh will run out eventually. they don't. they keep growing. i think they keep growing because they keep offering better and better content. so they're doing a fine job at a service compelling for consumers. the reason i have a low price t

angie's list, third quarter guidance is falling short of expectations, our traders are tim seymour, dan nathan, and dan nigerian. >> it's a good quarter. i think expectations were high. the dollar was away from the all time high before q1. most people are focused on mobile advertising, it's up, it makes up 60% of the advertising, those are the sort of rants, the stock is up 160% since they demonstrated to the street a year ago they had a way to monetize this mobile platform. >> so they got a couple channels, a few format. they're absolutely monetizeing mobile. 1.7 billion users. i cheated talking to bob back stage saying, call me. we talked about the sheer scale, all of this being done at around 35 times federal government year's earnings. that is top lean growth of 66%. that kind of a multiple. that's much better tan growth at a reasonable price. >> this move in the after hours session, really surprising, considering the stock is up 14% since july 8th on this notion that it has advertising revenue would be much better. >> it is, except when you start to extrapolate what they can do wit

and with us from the nasdaq to wrap up today's market action is "fast money" trader tim seymour. ant to start with you before we get to the markets. generally, what happened in gold today? >> a lot of technicals are working against gold, too. you have some technicals on the chart which pushed things back from the intradays on friday. you also had gold funds taking effectively record amounts, 0.7% of assets came in. so, overbought conditions in gold. i think some of the geopolitical hotspots, the fact that global growth looks better, i would always say that bear markets in gold can be very, very dangerous and deceiving. this was a bear market -- excuse me, a bull market in a bear market gulp, to be clear. >> that's exactly what i was going to ask, because i remember jim grant several weeks ago making it at that point a contrarian call for gold in the miners. they both performed well. and i'm just wondering if that was the trade, is the trade, or whether the setup looks better for this asset class? >> i don't see why gold continues to rally. if anything, we're waiting for the foed t

probably trend up is a 50% correction of that 74 high we have seen and effectively that $30 low tim seymour bought a month first half ago or so. i think trades eastern big volume. i think you trade at that level. >> i want to say, do you guys remember last july when facebook was up 25% or maybe a bit more after they finally demonstrated in the street how they were going to monetize this billion-plus user base, how they were going to introduce ads, that sort of thing, facebook has been up over 100%. it is an exciting quarter. it is a game changing quarter, now they have new morningment in place. anthony miller is coming from the nfl. i think that's interesting, they mention in the press release, world cup. he was at the nfl for a long time. he understands the power of a brand like the nfl. i think we will start seeing a lot of these sorts of deals with these sorts of things. >> also, watch the street chases them a little here. the street is a little bit l.a. you watch, you see a string of upgrades on the stock, nobody is saying anything in the middle 30s. now you want to see a string of upgr

tim seymour. >> this is flying in the face of a lot of momentum, but intel reports tomorrow after thehey're doing fine. i also think the stock which has moved over 20% since may is now trading in multiples that make it something you don't need to run into, i would say at this rally. >> steve grasso. >> apple still long, you see the print above par, above 100 in the next week. >> karen finerman. >> cumulus radio, a little movement back and forth. i like this right here. >> guy, you were off all last week, we missed you. >> liar. >> we did. >> all right. what was i going to say? >> i don't know. >> it's okay. >> mystery guest, we should do a web thing. >> a pool. >> a pool. i like that a web thing. wolverine reports tomorrow, triple ws. good, bad, >>> my in addition is -- >>> my mission is simple -- to make you money. i'm here to level the playing field for all investors. i promise to help you find it. "mad money" starts now. hey, i'm cramer. welcome to "mad money." welcome to kra mare ka. other people want to make friends. i'm just trying to make you money. my joshgs not just to entert

joining us on the phone is an expert in eastern european investing, tim seymour, of course a "fast money the u.s. stock market has largely come back from its lows. the dow is down more than 100 points initially. it has, as i mentioned, come almost all the way back. that cannot be said for the russian stock market to, which is certainly suffering today. the dollar is at the highs of the day against the ruble, which is suffering today as well. i guess this brings into question the pitfalls of investing in certain areas of the world where geopolitical flashpoints do exist. >> ultimately, i think russia had snapped back to a point where if you look at the index, through part of last week, russia had pushed through some significant resistances, all emerging markets trading higher. russia was doing fine. russia even well before these events, well before the buildup over the weekend, which led to the sanctions of yesterday before the plane disaster today, russia had pulled back, you know, 5% or 6% and emerging markets hit 16-month highs yesterday. i think investors are able to discern where the

tim seymour? >> i tell you what, to me, it was less about portugal than positioning. yes, a catalyst, yes, still something on people's mind. complacency. i think we talked about it plenty of time with the lack of volatility in these markets. you look at espirancito santo. i think you are in a place where you have a lot of people that really didn't understand the situation, in fact, significant cross holdings. if you did the math, it was just discussed. i think if you look at where the markets are here, the s&p gave them handles. it's really where you want to go on positions that are under weight. we will talk about minors, the banks. these are places where you have a lot of upside. you have earnings moment item going into the second quarter. >> i think if you sold the mark, portugal, a $3 billion port goes bank, the news has been out there a while. we know they have had problems. >> you insure. >> not because of portugal. because of retail sales, because of what happened in japan. we have japan machine orders down 19% overnight. that was a pretty big number. we seen s

angie's list, third quarter guidance is falling short of expectations, our traders are tim seymour,

tim seymour? >> i tell you what, to me, it was less about portugal than positioning. on people's mind. complacency. i think we talked about it plenty of time with the lack of volatility in these ma

out to fork city's time's square, the traders are tim seymour, guy adami, tonight's top story the chinarkets today are somewhat calm, there is lots of action if asia, the fx closing up more than 2%, the shanghai getting a seven-month high overnight. >> let's appreciate the cone growth him we came if before doing anything else, a big breakout last night on big buy. one fight, a

each ride and drivers will make less per trip so the company claims drivers richard seymour -- should see more riders. tim draper with the highest bidder for a large cache of the bitcoin currency. bitcoins are part of a larger pool. he will join us later. has to our lead -- box raised $150 million in funding and a valuation of $2.4 billion. this according to people with knowledge of the situation. time before more to going public. the cloud storage provider had planned to go public last month but at the latest ipo. -- it delayed its ipo. time will the funding really buy box? we are joined by leslie in new york. what exactly does this mean about boxes future -- box's futeure? >> to give them the opportunity to wait for better market conditions to do with ipo. million provides a nice cash infusion but the rate is pretty high. it is unclear how long it will take them to go public but sources have said perhaps after labor day would be a good target date. inn most investors are back the summer vacations and people are paying closer attention to the business model. >> their financial situation has not changed.

kayla tausche, sima mody, fast money trader sympathy seymour. timer isn't a great metaphor for the market these days. >> no. i think some of the economic data, we've been pretty consistent. look at the labor numbers. today was an aberration to the upside. i think tomorrow's payroll numbers on the private side and the nonfarm payroll will be somewhere around 2.25. the big thing here is inflation anxiety. and if you listen to yellen, her main point was macro prudence and regulatory produce can fight asset bubbles. we may be avoiding one or not looking at one that's building right now and one that we might be creating. >> so people are very, very anxiety ridden over the fact we may be missing inflation. >> oh, yeah. this is such an important point. i want to go to what guggenheim was saying, as well. he's like, look, yellen is sticking to her guns. she's vocal in her defense of the separation principal. the same with bernanke, the same with greenspan. she's not going to take a more active approach to lean against the market. >> right. and i think you h