>> we came out transocean it's really linked to a very bad business which is deep water drilling.an it pop from 13 to 16, yeah. but anything above a couple of bucks up here i want you to sell. >> brian in illinois, please, brian. >> jimmy, is this the dawn of a new day at sprint. >> you're at the mercy of a very large investor who may or may not make it the dawn of a new day. i prefer t-mobile. a lot of people thought it was a mediocre quarter and i thought it was just fine. let's go to tim in florida. >> i have radio after the ceo was on the other day. >> it was a good story but it's a high risk story and these ones go up and down. they're crazy. they jump up and down. you have to either believe for the long-term or you try to trade them but the business, the fundamental product is a good one. let's go to zach in michigan, zach. >> michigan state university, 2015, big 10 champs. what do you think about wells fargo. >> giant position for action owners plus.com. that's my charitable plus. you can follow in. i like that very much. we're going to own it for as far as the eye can see

canada or deep water drilling, they're still going to be under pressure so that companies like transocean hard to make a case that these deep water oil rigs are going to be employed in 2016. liz: yeah, i remember it was a hot trade of 2017 and 2014. i would say velaro right now is the only name higher today. andy, happy new year. good to see you. >> happy new year to you, liz. thanks for having me. liz: and in a year i'll bring you back. fifty dollars by the end of 2016. andy, thank you to which. we have the closing bell 39 minutes away. drivers, droids, dinosaurs, and dominatrix? those were the four themes making 2015 hollywood hottest year. we're going to tell you how much pulled in and what they expect next year. from the holiday heat to the ice and snow. jeff flock in wisconsin slow out of the gates. jeff as he wipes off the lens. >> liz, i don't think you can. the snow is flying for the first time all year. but it's not god. it's man. coming back. . .,. . liz: okay, forget gray. try 50 shades of green. it has been record-shattering year at the movies. major blockbusters propelling th

. >> transocean 19 times still expensive. conocophillips and exxonmobil with oil going down are still expensive with these valuations. >> the fed is going to raise rates next week. >> just to piggy back before we go to commercial, rdc down 25% year-to-date. 12% revenues from conoco. >> nobody likes oil here at the table. >>> coming up, golden globe nominations going crazy for streaming companies with amazon and netflix leading the pack. details on what it would mean for those stocks. >> chipotle ceo apologized or the "today" show. why did he wait so long? could the worst be over for the stock? >> a twitter turnaround possibly. the social giant showing investors how plans to generate more revenue. bob peck will weigh in. when you do business everywhere, the challenges of keeping everyone working together can quickly become the only thing you think about. that's where at&t can help. at&t has the tools and the network you need, to make working as one easier than ever. virtually anywhere. leaving you free to focus on what matters

. >> you still have transocean? >> we own the rig p. not the common stock. we own the drop down company which yields have 12%, 13%. they just announced a large buyback, and it's very modest size position. i'm a sucker for 12%, 13% yields that are sustainable. like i said before, if we are at a world where i think i'll be lucky and happy if i headache 6% to 8% a year in equities, and i'm buying something yielding 14% or 15%, where i understand the business, and the dividend is reasonably secure, and they're buying back stock, i'll be patient. i'll be patient. that's all. i'm not a day tlader. i'm an investor. we can afford to be investors. there's 25% of the capital we manage at omega and that's general partner capital. we look at the fact we lose more than we lose when we get it right. we make more than we make when we get it right, and we're committed to do the right thing for the investor. >> look through the eyes of the investor. >> we've seen and you mentioned dividends. cutting its dividend. freeport mcmoran cutting its dividend. there's the expectation

. >> up next, transocean. dead or alive at $20? >> at $20, begs the question of $20 for how long.get going into that, i think it survives. i think they have a big backlog and the question isn't so much where it's oil. it's the credit worthiness of the backlog. and they've been buying back some of their debt. they do have some cash. they do have maturities that aren't huge in the near term. >> next up, eog, dead or alive? >> alive. >> oil was trading around 19, 20 kbuks. eog was trading $6 to $9. it's going to take more money to keep up with what they're doing now. they'll figure out some ways to look a lot different. survives swn, crk, they die. >> in a role even at $50 oil, it's one of the healthier guys. no question about it. but at $20 oil, what are they figuring out? >> best acreage in the space. >> i think figuring it out is being able to roll their debt. >> they're going to figure it out. they could sell it. meanwhile, it could be a lot. they'll be more demanding. unless you move it out. >> you need to see major bankruptcies. >> i think they are better positioned if you're g

and this is a different one than the transocean and the other names that he owns in the energy space that seem like distressed equity. yes, it is in a down trend but it is also up from $10 a couple of years ago. so when you think about this one, this is probably not one of the ones you want to jump in because he mildly raised his stake. >> okay. still ahead. stocks taking a beating today. but by the close, there is one part of the market that could be telling the real story about what will happen next. the shocking chart you need to see later on this hour. you're watching cnbc, first in business worldwide. and here is a sneak peek of what else is coming up on fast. >> that is what biotech is doing. but traders are betting that some names are due for a bounce. we'll tell you the stocks. >>> plus, it is a tale of the tasty tape. mcdonald's shares hitting all-time highs as chipolte falls to the mat. but are investors missing a crucial part of the story? we'll explain when "fast money" return. can you help santa with a new data plan? sure thing... uh right now you can get 15 gigs of data

are seeing consol energy and chesapeake energy and transocean which fell yesterday coming back in today'snergy -- in today's trading. these are some of the worst performers this year. iran a ranked returns number so chesapeake energy is the worst-performing stock this year, falling 79%. sometimes you see this rotation and to some of the worst performers at years end. happens as weat get into it to 16th in scarlet: what about oil itself? so much of the rally has been driven by the direction of oil. julie: oil is up today so that helps explain what's going on in stocks. it looks like the outlook for stockpiles in the u.s. on a weekly basis is for them to have fallen for a second straight week. the government is at with numbers tomorrow but we tend to see movement in the oil ahead of that so the drawdown in inventories is perceived to draw that down and is causing a pump up and oil. the increase in oil is not coming at the same time the dollars down. the dollar is up today by 4/10 of 1%. hedge funds have in this their tour positions against the british currency. we are seeing the dollar inde

it's transocean. so drilling type stocks, exploration and production companies like newfield.ervices like halliburton. exxonmobil interestingly enough has just peaked into positive territory in about the last hour or so along with chevron hovering between gains and losses. as we start to see the trade pan out, the large integrated oil companies are at least starting to catch a little bit of a bid. it's not major but still worth pointing out it's marginally higher. if you look at wti crude oil, we're hovering around that $40 per barrel mark overall and that means as oil goes lower as we've seen today, some of those airlines do pretty well. you look at alaska airlines, southwest, american airlines, delta, all of those stocks moving decidedly to the upside, up by 2.5% or more and crude oil again, we're hovering right around that $40 mark. we had crossed below it earlier today. so as we watch what's happen with the energy stocks and airlines, certainly a focus for traders down here from the floor. we'll see if that continues into the final hour of trading, melissa. back tophover t

chesapeake, kinder morgan, transocean and marathon all down.o date the charts look worse, in fact. we'll look at some of these. there they are. all down. the big names, oil companies like exxonmobil, chevron, conoco, total, royal dutch shell all down big today. if you want to see something, look at any of the coal stocks. for example, console energy. this stock down 80% this year making it the biggest loser among s&p 500 companies. mike? >> ugly. >> you're awesome. >> back soon. >> you have brains and beauty. please come back. >> ditto. join us tomorrow. "squawk on the street" is next. >> you do, too. >>> good tuesday morning, welcome to "squawk on the street," i'm carl quintanilla with jim cramer, david faber at the new york stock exchange. m chinese trade data comes in weak. mining stocks hit hard, anglo americans spends the dividend. europe taking the queue from china and japan, the big story today, oil below 37 for the first time since

posture, without question, is based on the assumption that we can project overwhelming power across transoceanic differences -- distances and exert our will on any opponent. so the first problem is breaking into a theater where the opponents enjoyed guided munitions parity and cutthroat long range missile strikes as dense as her own and as accurate as her own. and as long as we can. that's the anti-access, or a two-part of the threat. they want you in the theater the second on this fight against an episode with conventional capabilities that are as fans dashed as advanced as her own and that is area denial part of the problem. and a third is doing both of those while under intense cyber and electronic warfare attack. we can get a rough a sense of the a2 problem just by reviewing russian demonstrations of long range conventional strikes that are occurring right now in syria. they are firing missiles from surface ships, from submarines, from strategic bombers into medium-range bombers. you can also get a sense of what's happening just by seeing what the chinese do into massive exercises, exercise