we'll see you in a little bit. >> w looking forward to joining me now is tim seymour.. nothing funny about it the currency is plunging they're asking the imf for a bailout. is argentina greece and will it infect other things? or is argentina just its own problem that is isolated >> argentina has idiosyncratic issues in terms of certain account and inflation that we have dealt with forever. there are tighter financial conditions that have certainly surfaced globally. what the fed is doing. the dollar's move over the last three months but, you know, looking at it as a linchpin for a broader em sell ya selloff, no, i don't think so. i'm impressed by the move that the argentine central bank has taken. it's an aggressive move. i think they'll get their imf loan i don't think it takes away the austerity they're facing i don't look at it like a pan-em asset problem. >> argentina is a tiny nation, because it caused so much worldwide concern for years. so argentina you're convinced is a separate, isolated thing >> as a guy who has been investing in em for over 20 years, i don't

traders are pete najarian, tim seymour, dan nathan and guy adami. it is a bitcoin cash takeover. the cryptocurrency is the best performing coin in the last month, and the prophet himself, roger ver, aka bitcoin jesus is back with a new prophesy that could sent the cryptocurrency universe reeling he will talk to us exclusively deal wit >>> but first we start off with what we are calling the three prongs of pang cue the scary music. the market selling off as pressure increases from rising rates, a strong other dollar and oil prices on the rise could these three major headwinds lead us down the river to selling hell again, like you saw earlier in the year? we're overdramatizing a little bit, guy but you get what we mean you get what we mean here. >> i get your drift. >> we're looking for causality a reasonable why the market was down 7/10 of 1% in terms of the s&p 500. i get it i could make a bullish argument for all three. higher rates should do well for the officials. pete and tim talk than all the time stronger tower stands that maybe the consumer will do well. and higher oil mea

stocks here are rallying and here to talk more about that are "fast money" traders pete najarian and tim seymourtim, are those jeans is it friday >> he's got a casual day going >> we're trying to show the versatility of the team here and how markets can be all over the place. they're not acid wash. just older jeans but thank you for calling me out on that. can we please talk steel >> i like you're saying they've gotten distressed over the kweer years. >> yes there's a metaphor here for steel, i'm sure. >> so how distressed or not are they looking with these tariffs coming down the pike >> the irony is they sohower a fresh pair of dungarees coming down the west. this is actually very, very cash generative to steel. they're probably going to have 1.1 in ebida which is a major, major discount for this company >> pete, you like the steel stocks here? >> i like some of the steel stocks here. i agree with tim on what all the fundamental side of this whole thing. i think the interesting thing is on the options side. people had gone away from materials for awhile then they came right back in as a matter

where do you stand are you a laurel bull or a yanny bear, tim seymour, where do you see? >> great point to kickoff the show love the mush statache. this is the market that got some yanny for everybody. look at that so powerful and '90s and listen to that. anyway, back to this market, i am a tactical yanny, in a short term, i think there are things out there, mortgage rates got to set near highs today the equity market is only 4% off of its all times high in the face of rising interest rates and the feds it is not priced for laurel. i heard laurel every time. if you heard yanny, i think you should get your ears checked >> i like to hear yanny verses see yanny after that last picture. it is undeniable >> it is a crazy thing, for five seconds, i heardyanny and i looked back and i heard laurel tim is a tactical yanny and i am a tactical laurel. >> you are a tactical bull >> i believe we have come really far and fast specifically the last couple of weeks we bounced off those levels and rally aggressively >> you look like yanny >> you don't have yanny's hair, party in the back.

our traders on the desk are pete najarian, tim seymour.he past month. the biggest names rallying high. the traders will tell you how to catch this rally. >>> plus 21st century fox report earnings. and if comcast could derail it. well, everyone's watching the energy

as well as the bond yield side let's get to the market panel in terms of what we should expect tim seymours well as mona mahajin we are also joined by john belos with western asset tim, from a trader's perspective, what's the first thing to focus on? >> the inflation statement their characterization, which we got to in march. they have a lot of flexibility in their language, obviously the word symmetric to me is the word that also means we can undershoot this, overshoot this, we probably don't need to do too much i, from a market perspective, going into this number, i still sense that people are overly complacent about how much fed they could have in the next six months >> meaning what? >> look -- >> not accepting the fact there could be more rate hikes than we think? >> tactically, we went down 5 1/2% after the last announcement people got some false sense of we don't think the fed will be overly hawkish even though they upshifted in their assessment of the economy and inflation. we haven't traded back above that level since then. the market is going into this number feeling the fed can't

i don't mean you tim seymour the viewer at home had you invested you are up 82% year to date versus being7% 82% is years and years of performance that youb can't make up for. >> we're talking about disney and their studio and all the things i don't think they have to worry about and if anything i think once they start to pull marvel. once they get fully over the top. by the way don't thin comcast is looking a hulu to now be another competitor of netflix. we're assuming no one is going to come after netflix. and netflix has the only -- >> in my opinion the only thing this goes against netflix is amazon, amazon prime that is where you see the competition. you are not going to see it in disney we're looking at lirp, very digital very stream. two different games.near, very digital very stream. two different games. mill. >> millennial millennium falcon? what is that thing >> that is the ship. >> what is that. >> that's chewbacca. >> and what episode is drew barrymore in in the trilogy? >> that's e.t. that's a totally different genre space movie. >> little rascals for you. >> till had. a brutal

you soon >>> let's get more on the investing ideas around the news that seema brought you with tim seymour money" trader there >> good morning. >> good to see you you heard seema's excellent report there where can we invest? what kind of themes are you seeing around the world? >> emerging markets, they're selling in may, happening in april. down about 5% relative to the s&p. so investors that are used to seeing this dollar strength story, as eluded to by fed powell, em currencies have made significant fiscal adjustments, it does not mean a number of the historically difficult parts around the world and in emerging you heard maybe of the fragile five or some of these big account companies like a turkey or south africa, they have been under pressure if you look around the world right now, the countries to me that seem the most resilient in the face of what still could be a little more dollar strength, though i think the dollar now is overbought i think if anything tactically em investors may look at this as an opportunity in may to see outperformance i think 93 or 94 on the dixie is where it

danielle, lauren, peyton, and madison along with tim seymour, who is neck and neck with mr. r memory here we go stevens, you picked facebook, disney, sage, and tim, you picked amgen, drop box, and chesapeake good to have you here. you got to laugh, right? >> these guys are kicking themselves >> everybody laughed at you for not picking bitcoin. >> blamed your professors. >> yes exactly. >> you feeling pretty proud of that, at least, that good call >> we definitely think bitcoin has been in bubble territory and at the end of the day, it's an unregulated currency that most people who are trading just don't understand so, it's not surprising to us that it's been down since the draft. >> you did pick facebook and disney i remember i think guy and cramer were calling you for going too traditional, too old school and obvious what's worked? >> well, i mean, it's definitely had some positive returns, both of them currently are about like 5% each. since we selected them and i think that it's just the timing of the markets overall that we've seen the benefit of >> any regrets there any

pot master tim seymour will tell you how to play it when "fast money" returns. digital divide is splitting this country. we have parents who are trying to get their kids off of too much social media and computers, and then we have parents who would only hope their children have access. middle school is a really key transition point, right. the stakes start changing. students begin to really start thinking about their futures. what i like about verizon's approach is that it's not limited to just giving kids new tools, it's really about empowering educators to teach in different ways, and exposing kids to more active forms of learning. giving technology is not a total solution. teaching technology, now that is. >>> home depot building a read on the economy, consumers and retail. quarterly results and instant analysis on "squawk box." >>> welcome back to "fast money." consensus the largest bitcoin conference is kicking off today and it wouldn't be a bitcoin conference without some drama. our seema modi is there live to break down all the action. >> reporter: they'v

tim seymour. >> they told me what my final trade was but i knew it was eog. >> put up my final trade.the mlp space i still like globe iron. it never should have been a glow. >> steve grasso. >> alibaba i've been in and out you will see it guy rate with every trade talk it's a buy, stay with it. >> let's not put up guy's final bid. >> wise guy? remember about march 20 something and in the hat club downgraded the stock guess what they just did upgraded t sckheto play the game. >> i'm upgraded the stock >> i'm melissa lee thanks for watching "mad money" with jim cramer starts right now >>> my mission is simple, to 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" starts 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 but to educate and teach you so call me at 1-800-743-cnbc or tweet me @jimcramer. >>> my mom always said, if you keep playing this hard, someo

. >> take two's tear continues and turn to chief gaming correspondent tim seymour. >> glad to be heres is where the cool kids are if you look at this company and want to put 30 multiple on $4, it's $130 stock. it's rallied all the way up from 90 when we're questioning multiples in the worst of the morning pullback think about what these guys have we talked about mba. that just highlights why i think they have both a currently viewer base, growing current viewer base and pull in guys like me. >> if they being the marketplace couldn't sell the stock after this announcement may 17th after rallying from $91 to $117 how are you going to sell it off i'm in timca's camp. >> looking at ea $5 expected earnings this year, 30, 150, stock at 133 and the real issue is are you going to see trends accelerate earnings maybe not yet. really valuation 30 times mid teens growth that's what's challenging. >> don't miss full interview with jim cramer and ceo of take two adon" "m meytop of the hour. up next final trades if you have a garden, you know... weeds are low-down little scoundrels. draw the line w

our traders on the desk are pete najarian, tim seymour. energy stocks are on fire soaring in the past month. the biggest names rallying high. the traders will tell you how to catch this rally. >>> plus 21st century fox report earnings. and if comcast could derail it. well, everyone's watching the energy sector, bang strikes down. they're on a tear. facebook, amazon, netflix, all up double digits. if the fang strikes back for good. what do you say? >> the answer's yes. if we -- when we talk about all the different technology space, we talk about earnings and look at what the earnings numbers were for many of the companies that have reported by now they're incredible. then you get the warren buffett side of things that fuels the fang name as long as with the rest of technology, even under the chips, but since he came out and talked about his opinion and he talked about the economy as well and that's something that so many people left that part aside, he talked about the economy and the fact that he sees it as much stronger than anybody else

tim seymour stepping up to the plate. much more "fast money" right after this this is a story about mail and packages. and it's also a story about people and while we make more e-commerce deliveries to homes than anyone else in the country, we never forget... that your business is our business the united states postal service. priority: you you mighyour joints...ng for your heart... or your digestion... so why wouldn't you take something for the most important part of you... your brain. with an ingredient originally found in jellyfish, prevagen is now the number one selling brain-health supplement in drug stores nationwide. prevagen. the name to remember. roundup for lawns has arrived to put unwelcome lawn weeds to rest. so draw the line. roundup for lawns is formulated to kill lawn weeds to the root without harming a single blade of grass. roundup, trusted for over forty years. show me the billboard music awards. the billboard music awards knows how to party. [ cheering ] what up, dog? show me top artist. unbelieveable.

. >>> time for the final trade let's do around the horn tim seymour. >> new ceo, old ceo, lowe's is asting story get in there, buy this weekend. >> chairwoman. >> speaking of banks as we did, i still love citi right here. >> 32. >> 32 buyer called kss fullback today is opportunity for buy stocks cheap. >> steve got mentioned on "fast money" for the first time in 11 1/2 years. i mention him was tampa bay lightning. >> just talking about that. >> do you have a final. >> i do have final trade got me thinking about -- >> thinking, that's what was happening. maybe for the theme to come up couldn't remember what it was. >>> my mission is simple to make you money. i'm here to level the playing field for all investors. there's always a bull market somewhere. i prop mise to help you find it i'm cramer welcome to "mad money. i'm trying to make you money my job is not just to ept ntertn you but make you money broken stock or broken company on a day like today, after an explosive rally yesterday, with the dow dipping 179 points a

nasdaq market site overlooking new york city's time square i'm melissa lee mete pete najarian, tim seymour, guy adami. just when you thought it might be safe to buy ge shares cratering, stock seeing the worst session in a decade. did any other traders buy this dip. speaking of carnage bitcoin bloodbath, what is behind selloff. brian kelly has clues. later the president of coinbase is back with a major announcement that will impact anyone who uses his platform and the entire crypto space as we know it. he will join us live but first we start off with the fed to the rescue, stocks sinking at the open. then the fed minutes came out and the message was simple we got your back, market the dovish comments a lift in particular is this return of easy mope trade and is the fed put alive and well again guy. >> part of this past -- i hate to use the word. >> in the context of this conversation because a few weeks ago on thus before the jobs number, we had talked about modest wage growth bullish for the market don't fade it. here we are some 110 s&p points higher now you've got the feds modest oversho

your trader are pete najarian, tim seymour, steve grasso, and guy adami. tonight on "fast," one hot foreign market is up 57% in the past month, but one fund manager who oversees $70 billion in assets says it's a, quote, hot mess she'll be here to tell us why. >>> plus, the ceo of ripple sitting down with us on power lunch today. there is one thing he said that's got the crypto universe in a frenzy. >>> today stocks soaring back after yesterday's losses the dow up more than 300 points as the fears of a full-on euro crisis subside and it was small caps leading the charge and the stocks soar a group of economically sensitive stocks could be telling the true story of the consumer shares of retailers raging back. check out some of the huge moves, and it's across the board. footlocker, low loews, macy. should you keep betting on the fact consumer and what does this say about this rally guy? >> well, yes is the short answer and it's interesting you smenmeo small cap. >> rome on fire, nero, yes >> and that whole thing. >> of course i do. >> one of the thing we sai

tim seymour makes one of those many points and right now he looks like he might be correct going back to gm quickly, think about this gm is still after today's move cheaper than ford. ford traded 1.5 times to normal volume, close to unchanged what the market is telling you is gm deserves a bigger multiple than ford does and i think it will continue to trade its way into it. what does that mean? it's got to go north of 45 for it to break out. >> i'm not buying good m on this news because i'm like okay, what's next? >>> coming up, deutsche bank getting slammed and has some traders recalling the dark days of 2008. we've got the details. i'm melissa lee. you're watching "fast money on cnbc here's what else is coming up. >> $550 billion. with today's rally that's how much facebook is worth but tech guru gene munster says the stock is dead money. he'll break it down. >>> plus, bitcoin has had a brutal month, but a top hedge fund manager who made a fortune e meing on crypto says now is thti to buy, and he'll explain why when "fast money" returns. thank you clients? well jd power did just ran

traders are pete najarian, tim seymour, dan nathan and guy adami. it is a bitcoin cash takeover.orming coin in the last month, and the prophet himself, roger ver, aka bitcoin jesus is back with a new prophesy that could sent the cryptocurrency universe reeling he will talk to us exclusively deal wit >>> but first we start off with what we are calling the three prongs of pang cue the scary music. the market selling off

. >> the man knows what he's doing here >> you know, i've told tim seymour i can't hold two trophieser bowl and i've asked him, according to the rules of the draft, he can carry my 2018 trophy while i accept my 2019 and i'll hire a psychiatrist to work with him to take the pain away. >> blue apron has gone the other way. >> it's up for me about 24%. >> maybe a little bounce. >> my theory on blue apron, i was in this sector and i got to know all the ceos including the ex-ceo of blue apron they have to be acquired my hope is somebody buys the asset at around the $4 price range. >> we'll have tillman furtito on in a few minutes he just bought a food delivery company. they're delivering premade food as opposed to blue apron and plated w plated where a person has to work is one better than the other >> the world changed with amazon bought whole foods all of a sudden, albertson's buys out plated. what's going to happen with, you know, let's say a kroger what are they going to do? a costco. >> they're making deals, too >> i think there's a lot of optionali optionali optionality. blue apron

nasdaq market site overlooking new york city's time square i'm melissa lee mete pete najarian, tim seymour it might be safe to buy ge shares cratering, stock seeing the worst session in a decade. did any other traders buy this dip. speaking of carnage bitcoin bloodbath, what is behind selloff. brian kelly has clues. later the president of coinbase is back with a major announcement that will impact anyone who uses his

seymour actually is. >> oh, man this is kind of a last chance inspiring story, mike, thank you. >> any analogy for caterpillar there, pete, what do you think >> time great points most important thing about this downgrade today was may of '17, same analyst upgraded this stock had an unbelievable run. this is a discipline call on his part let's not forget, he still does have a target of 156, significantly lower than he was, but that still gives you plenty of upside, kelly, so are they decelerating in growth? yes. all the things tim brought up are correct, but 13 multiple, and if they are a $10 earner this next year, this is a stock that actually could see 156, and pain in from 173 to 143, talking about a 30 point correction. that's big >> all right tim, we have to go, but can the industrials and market leave cap behind if you are not keen on them >> deere has a better shot, again, based upon fundamentals cat has issues in asia the industrials have challenges here, frankly. people are looking at the reporting indicators, some head winds facing all industrials >> ism >> stronger dollar >> yep >> it's far from a disaster. remember, the companies had n