our very own tim seymour will our very own tim seymour will breadok wn the tax cut playbook. lot of tech companies are reporting today. and, how's it looking? >>i don't know. there's so many opinions out there, it's hard to make sense of it all. well, victor, do you have something for him? td ameritrade aggregates thousands of earnings estimates into a single data point. that way you can keep your eyes on the big picture. >>huh. feel better? >>much better. yeah, me too. wow, you really did a number on this thing. >>sorry about that. that's alright. i got a box of 'em. thousands of opinions. one estimate. the earnings tool from td ameritrade. wifiso if you can't live without it...t it. why aren't you using this guy? it makes your wifi awesomely fast. no... still nope. now we're talking! it gets you wifi here, here, and here. it even lets you take a time out. no! no! yes! yes, indeed. amazing speed, coverage and control. all with an xfi gateway. find your awesome, and change the way you wifi. >>> welcome back to "fast money. america is getting a tax cut how do you decide what t

tim seymour has another cryptocurrency that he says will crush the competition. i'm melissa lee.ou're watching cnbc, first in business worldwide here's what else is coming up on "fast. ♪ got to be the shoes >>> a number of sneaker stocks are surging. we'll tell you which the traders think you can buy. >>> plus if you think the crypto scam won't finish ad, wait until you hear what short seller andrew lt efhas to say about riot blockchain when "fast money" returns [vo] progress is an unstoppable force. the season of audi sales event is here. audi will cover your first month's lease payment on select models during the season of audi sales event. this is not a cloud. this is a tomato tracked from farm to table on a blockchain, helping keep shoppers safe. this is a financial transaction secure from hacks and threats others can't see. this is a skyscraper whose elevators use iot data and ai to help thousands get to work safely and efficiently. this is not the cloud you know. this is the ibm cloud. the ibm cloud is the cloud for business. yours. ♪ ♪ >>> the crypto craze conditions with

are you buying the dip, tim seymour? >> as an asset class this week relative to the s&p, a ratio i like to look at, the em fell by almost 6% in six sessions and took out the entire out performance of the summer. this is not just a china story look at nvidia, mega cap names in u.s. tech again, high multiple names we saw in allocation. this is not an indictment of china, folks if anything, the consumption story in china has been validated by baba. all the numbers we've seen, people universally acknowledge that whether it's s.t.a.b. versus faang is just as interesting of a tech story. >> the bigger overarching picture that concerns me is they have a ton of debt, they're raising interest rates, they're taking that debt down. >> are we going to do this again? come on. >> they're doing it now. i didn't say they were going to blow up. i said they have a lot of debt and they're taking that debt down when you deleverage an economy, it slows down. so therefore stocks should go down that to me is what concerns me about china. >> lo

tim seymour stuck around but let's get to elon with what is in that bill apparently we're having someficulty with elon -- >> reporter: is now public >> there we go >> reporter: melissa, as you said, that bill

tim seymour stuck around but let's get to elon with what is in that bill apparently we're having some difficulty with elon -- >> reporter: is now public >> there we go >> reporter: melissa, as you said, that bill is now public and here is some additional details that we have learned about what's in it the repatriation rates are slightly higher than what we had been reporting 8% for liquid assets and 15.5% for cash previously we were told that rate would be 15%. also the individual mandate, that repeal will begin in 2019, so a one-year delay of the are repeal of the individual mandate. also on carried interest, we are told the three-year holding period that both the house and the senate have proposed will remain also, first-in, first-out provision that would limit investors' ability to choose when they sell their stock, that is out of the final version of the bill other headline numbers are now confirmed. the corporate rate would be 21% and that would take effect immediately immediately. the top rate for individuals, 37%, and that would apply to individuals with individuals of $500,000

wow, tim seymour, what do you make of these moves. >> when i look at the vox, i think this is a functionstocks that get weight overdone and hit multiyear levels in the case of at&t, it's rallied roughly 12%, 13%, i think you probably take some profits off the table. i think we're in a range bound, obviously a lot of uncertainty if you think about this time when we've been talking about extraordinary moves in higher-growth stuff, a very big rally back in stocks, utilities, big-yield plays. >> which is weird, steve grasso, considering that interest rates are expected to rise >> they happened for so many years now. >> but why >> i do think it's more of a value versus growth play i think that's number one. number two, there's m & a. that caught a bit. that's why the reason that one outperformed i do think this is going to be short-lived. i think it's another month to get to the new year. but i would lock in profits. >> on the yield plays, that's kind of a canary in a coal mine. when you see bonds start to go up, to me that's the warning sign for the rest of the equity national these should s

the ceo sat right next to tim seymour, i cooked that chili burger >> allegedly i don't know if you actually. >> we talked about it that night, the stock was trading $36, we said there was a lot of room to the upside look at their operating margins last quarter margins are actually going up, they're running the business better and they are expanding overseas shake shack has had a big move i still think there's room to the upside and analysts are behind the curve >> we're seeing the same thing with macy's, up 43% over the last month >> i wouldn't own the stock, just because the short part is over, you're talking about the transition >> exactly >> under armour maybe sort of interesting, i don't know. of all of them, shake shack i think is the one to own. >>> ahead, the countdown to bitcoin futures is on. and our resident crypto baller, bk, brian kelly over here, will break down simple steps to shorting the digital currency when they launch on sunday, the futures, that is >>> plus jamie dimon speaking right now in new york city cnbc's wilfred frost with there. what's with all the protests, wil?