Fast Money : CNBC : August 30, 2024 5:00pm-6:00pm EDT : Free Borrow & Streaming : Internet Archive (2024)

been looking for. people in bars watching overtime trying to watch out what is going to happen. >> shout out to them. >> yes. it is not just on nvidia days always action after close. winners stay late. >> we have the jobs report next week. in the meantime, higher close for the s&p for the week and the month that does it for us here on overtime. fast money starts now. from the nasdaq market slide in the heart of new york city's times square this is fast money. here is what is on tap tonight. stocks rallying to closeout trading for the month of august. with fall around the corner, sorry to say, what is going to drive the market into the fall? from the jobs report next week to a looming fed decision we get you the playbook for the next few months. ensuring gains, shares of companies like allstate and progressive. is there more juice left in their run. we break out the technicals to

find out. intel says they are looking at ways to revive the struggling business. clearing a 3-year long battle. why approval of bios and mpox fact seen was not enough to lift the stock. we have all of the stories. coming to you live from studio b. at the nasdaq, on the desk tonight we have steve brosso and mike kow. a stunning struggle to start the month. markets rebounded in a big way. the s&p rallying in today's close and 10% higher than the lows hit on august fifth and less than half a perse of the all-time highs hit six weeks ago. all three indexes gained. up four months in a row. now attention turns to september. traditionally one of the worst months for stocks and a slew of

new potential catalyst for the market. next week's job's report to the next iphone launch party to that closely watched fed decision towards the end of the month. which of these events will you watch most closely? i will start with you, steve? >> i think it has to be the fed, right? we got through nvidia that was the biggest thing to focus on. but, it is always nvidia and the fed now apple sneaks in there. you have been doing a lot of coverage on that on the network. a.i. i have an iphone 13, this will be a powerful upgrade cycle. i am going to upgrade. not that i need all of the fancy stuff, i upgrade, what do most people upgrade? >> they want the new gadget. >> the camera. >> this one will be a.i. and a.i. and the camera and who knows what else, a host of other things available. i believe it will be the fed. the fed is the biggest thing that we have to focus on.

>> although interestingly we seem to all on the same page with what the fed is going to do to cut rates you don't think there will be surprises from the fed. they will not overshoot it. >> oh, i think it will be 25 basis points. i don't think there is a case to be made to make it a half a point. it will be uncharacteristic of powell. i think it will be 25 basis points and two more to follow that. 75 basis points total. >> we have other data coming out next week. all attention paid on the big jobs report that we are expecting next friday. which of these moves the needle? the jobs, the fed, the apple event? >> you are moving the needle with us today. [ laughter ] >> great to be here. i think it is the payroll number. it is not that a weak payroll number will signal the labor market is caving and collapsing i just think the market

reaction that we got at the last number and the close scrutiny at least of really, look, the fed is more or less said they are really pushing more towards at least evaluating the labor market and seeing where that side of their two-prong approach may be somewhere they are spending time on. today's number to me. i think it cements the fact that we are 25 bits. i don't think there is a 50 coming. there should not be. july consumer spending up 4.5%. more or less kind of where things have been. we have not seen the fall out of bed. we will talk later on in the show about segments within retail that are under pressure here. but, it has been an extraordinary month. if you think about some of the tensions we had earlier in the month i still think the market will diagnose those. as it relates to the fed that two year, start of june, it was 5%. now in the 390s. a case where the market has done a lot of the fed's work for them. i don't think there are surprises for them here.

>> mike it twice in a week, it is a lot for me, nice to see you. >> look, the payroll number is basically how you are going to judge the magnitude and pace. i think tim and steve are right on that. i mean you don't fight the fed, we know that. what guides the fed is things like inflation and payrolls and next week it is payroll. apple will be meaningful as well as 7% of the s&p and that is the benchmark of what we loor beinga the when we try to gauge the market's health and performance. the thing that concerns me here a little bit, i have to say, looking further on, as we see the front end of the curve come down, you know, we often talk about issues related to recession and things like that. as the yield goes from an inverted state, you know, out of that, that is oftentimes when the first sort of cracks that we see in the recession actually come to light. so, you know, i think we could have some of that coming up as

well. >> and carter? >> of all of the choices. thank you. >> yes or more. >> other choices, right. speaking to apple, look, it's relative performance peaked two years ago in september of 2022. i don't exfect to be that heavy. the market returned to the -- expect to be that heavy. the market returned to the crime. it recovered exactly back to that high of july 16th. basically almost two months ago. so, do we break out or don't we? is it some piece of news? some of the items suggested that would cause it? continue to coil here. our hunch is that we back and fill a bit more. we don't have a big week next week. >> well, but for the job's report. and, and given what we saw happen in august with the jobs report there does seem to be a

lot of attention paid to that. and jobs and immigration are taking such a lot of the talking points from the candidates at this stage at the campaign cycle even more pressure outside of the financial world on jobs. and who is doing well and who is not. >> i want to ask about cpi. what we got from cpe today it was mmh, it seems to show that we are even steven. cpi next month looking back at august. and, again, the consumer having such a big impact on these, the stocks that we are seeing and also giving us a picture of the economy in general. >> and cpi and the rate, and able to live in a home or an apartment. that is a third of it basically. we have seen inflation go from 9 all of the way down to sub3

or around 3. the fed has indindicated that there are going to be on a loosening fed policy right now. it would have to be a blowout. no one expects it to be to really change their stance. they are indicated they are ready to cut. there are no surprises on the inflation front. one here and one off there. rates are going, inflation is going down. the markets spoken. a lot of lifting. the fed, they need to pull the trigger. now, heading into september, i feel like on cnbc, past performance and future results how do you look at seasonality when we are trying to brace for what is to come. >> sure. that is san important factor. all sorts of data mining, right? it is an election year. how do you do in the first six

months is important. you can get one's case. "fogust" is poor and so is december. >> some are seeing indicators flashing red. david rosenberg runs rosenberg research. i want you to dive deep into the specifics here, david. pce came in where it is expected. you got unemployment holding steady. you have earnings reports that have surprised the upside even if stock performance failed to follow suit. so, where are you seeing warnings? >> well, for one thing you are talking about earnings from the last quarter. it is in the rear view mirror. it is interesting to me you are seeing the stock market go up. earnings estimates for the rest of the year coming down over the course of the past couple

of months. no change from the analyst for 2025. so, this has been purely multiple expansion related. you mentioned the consumer and, the consumer is really exceeding expectations, no doubt about it. there is this money divide right now. it is really incredible. after the tax and real terms, growing 1% over the past year and real consumer spending. the follow up from that, we are seeing a relentless decline in the personal savings rate. this time last year savings rate was low at 4.5%. today it is 2.9. it only has been this low in the past 5% of the time. 1-20 event. i look at the consumer, i know what you are saying, consumer spending report it is a little quality report, it is not generated by real income growth it is by a draw down of the

savings rate to low-levels and when we talk about the recession we see recession in bureau capitol spending, industrial sector is in recession and the housing market is rolled back into recession. these are not the biggest components but there are segments of the economy that are operating below the 0 line. not the consumer d.o.t. dot, not yet. as are unemployment rate, it went up 80 basis. that caught the eye of j. powell. that is why they are cutting interest rates. too much. >> that is the story. you are not seeing job loss but the unemployment. that is the most important statistic for him right now. >> do you think the fed is behind the curve on this or do

you think that this was unavoidable. just a 2-prong answer. do you think the recession if we are in one or there is, there is one that is coming do you think that it is a first quarter next year issue or a fourth quarter this year? >> well, it is a no-brainer that the feds behind the curve. but the curve, speaking of curves, telling you that for awhile. but jay powell told us both at the last press conference after the july meeting and then last week the jackson hold. what he is talking about, it is how the economy is normalized. inflation normalized to a very large extent. there is pore slack in the late market now than it was before covid. behind the curve. well, you know, everything is norm alex sept the feds rate. the fed's own admission, the

guess of where neutral is, 2- 3/4s percent. that is the normal rate. the normalized economy is what the feds are talking about and they got the funds 5.83%. recession or not, they are behind the curve. >> david, it is tim, i guess i share that view. i share that view at least recession proof, your term. sectors are places to be thinking about. fascinating that it is a year where you had a barbell already. a defensive play to the market if you look at what is going on with gold, going on with health care, certainly utilities. how do you characterize what you do from here on out. based on the moves we have had in the defensive spaces that is telling you, a read on some of the things you are thinking. have we missed the move? some of the sectors that are not cheap at this point? >> of course what happens in those defensive sectors is that they get rerated when investigators start to see the

economy cooling off. the economy is cooling off. it is not in recession right now. there is a consensus. it is not going to go into recession. we have the supply side going over 4% and gdt, that is what we focus on, that is what i am talking about. building up, getting slack in the economy. so i think what is happening here, interest rates have been coming down, has not cut yet but they will continue to come down. the rates in the sectors in this environment get re-rated. what i call the bonds and drag. you mentioned utilities. it has defensive growth characteristics, too. drag in spok market, talking reach, utilities, yes, they are appropriate right now and re- rated appropriately because of the interest rate outlook. >> david thank you for joining

us and sharing your thoughts and perspective with us. mike, jump in, are you positioning for a recession? >> well, i mean, i think there are two questions here. if we think a question could be on the horizon. articulating no landing. one of the things david did not mention this time but spoken about it in the past is the concept of sort of a corporate debt maturity wall of give or take $7 trillion. the fact that the refinancing rate on that was high. one effort things that was keeping them down. that obviously is going to slow industrial growth, meaningful or real growth and that of course is one part of the problem. the second question, of course, for investors what does it mean for the stock market, though. for that, we are looking at less whether or not the potential for recession is there. just what the market is doing day to day. what it is doing day to day is

moving violently. we have 19%. that is higher than average. that actually is a warning sign all of its own. >> meanwhile, we are watching shares jumping after china's market regulators saying that the tech giant completed a 3 year reactcasion rectification. >> part of the investigation. which accused the company of forcing merchants to choose between two e-commerce platforms rather than work with both. let's talk about alibaba here >> wherever you are dealing with the chinese government and stock performance. you look at the long-term chart of alibaba, it is horrendous. you look at it in the last couple of months it looks okay. up 7.5%. maybe the chinese government

given us the all clear. they can renege on it pretty quickly. if you are going to be on it keep it on a short leash. i feel like you are due for a bounce this year >> and we heard it from retail companies in their earnings reports even this week, tim that the concern over the chinese consumer is real. how much goes that play into alibaba? >> i feel that is concerned for the chinese government. state market regulator. that, to me it is a reset. looking at the chart going back three years that we got these -- getting it and they have been destroyed it is a discount rate, raised to the roof. the risk around the company, i mean it, it, look, we had our

weekend at bernie's moment. we never knew what happened to them. we were concerned there was a lot more going on. i actually think this is great news. people who watch the show know i have been alibaba for a long time. i traded around the stock but for the most part this is what you want to hear. add into the fact, a week ago, completing the duel registration in hong kong. it provides more. i care about the chinese consumer. i like the fact that the evaluation here does not really need to worry about the strept or the lack thereof in the chinese consumer. if anything it is a alibaba share price. 40% of it is in cash. i like that. all right, coming up, another intel update as they look to address the recent woes. is this the beginning of a real turn around? chapter two, we will debate

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talk about easier investing. . welcome back to fast money. intel shares topping. logging in their best day since october 2022 on news that the chip maker is in talks with bankers, including morgan stanley to address weakness in its core business. earlier this month intel announced they will layoff 15,000 workers after a disastrous earnings report. it sent shares plunging. wow, what do you make of it? >> right. the key s the data point you cited of course is that plunge on earnings, trade 300 million shares, dropping from 30-20. spent the entire month of august going absolutely dead

flat. a massive re-rating and a tight consolidation. you are talking a stock that is valum of 50. a big thrust higher with the gap. what i would do is sell puts. that is the news today confirms those lows as descent lows and you can collect premium here and that is how i would play it. just getting along because they want to address their weakness in their core business, they had a weakness in their core business for a long time. talking to a banker will not change that. a big day in the market. i would become an insurance company and sell premium to someone else. >> this is a company that is really chased everyone in the space. they underperformed every one in the semi-conductor space. investigator if nvidia. even amd that is flat, basically, intel has been the ibm of the semi-conductor space. they can not move the ship around too much. they are not nimble.

>> they said today we are doing this because it is really important that we are super nimble and flexible and can adjust quickly >> too little too late. the market will not believe it until the market believes it. you know, to carter's point, maybe you got to play it that way instead of buying into theeckit. the -- the equity. >> these headlines i hear about restructuring and we put it in the context of a company that is cutting 15,000 jobs et cetera. people, it is not about solvancey, these are not headlines that would be driving a stock up 9%. it feels like the activists investor day. a day where, you know, you get a sense that their -- they say this about markets, too. markets do not start rallying in a big downturn until policy makers start panicking. it does feel as if, there is a little bit of that going on at intel. >> how much do you think --

>> we have nothing concrete. >> how much do you think it is about the leadership or lack thereof? >> well, i think in terms of long and those lag effects we talk about in regards to the fed. the lack in intel and market share it is something going on for years before he got there. it is a it is a dynamic that you can not just turn around. seeing, seeing their market share even stabilize would be seen as a positive, that got the stock rallying from the lower 30s to the middle and upper 30s going into the second quarter print. we got sense there was stabilization. i think it is important news. i think intel has a lot of access. there is m&a around there. private deals in some of these, these boundary stations. i think there is more they can do. yes, it is his let's just say

his reputation here, his credibility it is something that needs to be proven. you have a lot more to come on fast, here is what is coming up next. >> ulta beauty. >> can they get investors back in the name? a roller coaster for one bio-tech. getting the nod from the fda. what weighed on the shares and what it means for health care space. >> you are watching fast money liven tis imesquare. we are back right after this ? maybe rich is less about reaching a magic number... and more about discovering magic. rich is being able to keep your loved ones close. and also send them away. rich is living life your way. and having someone who can help you get there. the key to being rich is knowing what counts.

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with t-mobile for business. . welcome back to fast money. dropping 4% after missing top and bottom estimates to the bell yesterday. stock is just one of plane retailers out this week. nordstrom, gap, beating estimates where lulu lemon, american eagle, dollar general policed the mark. the sector is having a mixed earnings season s. there anything that we can broodily read about consumer behavior right now from the reports of the retailers, steve? >> yeah, those retailers that

have really been the wolf on top of the hill, those days are gone. there is too much competition, lulu sees it with a lot of competition, ulta sees it. you have a competition. and rising inventories and more competitive market. then they try to do it jd with target. so, theyor the defense. there is no offensive push. and, we are worried about an economy that is slowing. people are bargain hunting. amazon becomes a competitor. walmart, a lot of things that are bad. >> an interesting thing that we, take nordstroms, came out and said we have great earning season. where it is really making hay while the sunshines it is in its off priced nordstrom rack. other off priced labels if you look at dollar general missing it is not a consistent narrative here. what do you think here? who wants to jump in, mike?

>> yeah, look, we saw results from burlington stores. you know, burlington, dollar general is the bottom in terms of the consumer demographic. burlington is sort of middle and slightly higher. the competition will be things like tjx and ross. did not perform that well on their earnings results. they were arguably the best grower in the space. they were expecting net ads of 100 stores over the next couple of years or so. the whole story speaks to a weak consumer. the savings rate, low, net savings, also low. consumer debt levels are at all- time highs and delinquencies are up. a lot of them are struggling, that is part of it. >> carter do you see a consistent narrative emerging in retail? >> you look at competitors, elf, one of the best stocks in

the russell 3,000, hard stop, they are all under pressure. so, also a mixed bag. you had a big move a day ago in best buy, up and down in dollar general that is what stock selection is all about. specific to the news, it is the group overall. >> all right, coming up, under the radar bio-tech stock with a whiplash reversal after securing fda approval for the m- pox vaccine. inside the move and the treatment, next. plus, insurance stocks near all-time highs is it too late to add some of there to your portfolio. the chart master says no. the technical tale of this highflying group okay, team! oh, thank you so much i couldn't have done it without you. honestly, i don't do a whole lot here. i'm really just here for the at&t internet,

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nasdaq surging 200 points. morning star, ge vernova. decarbonization. the energy company says its recent wind turbine blade incidents are not related and that it is continuing to investigate. shares are up 5%. netflix closing above $700 a share for the first time ever. research boosted the target for the streaming stock to a new street high. of $900. they went up 1.3% higher. mike, what do you think? >> netflix is one of the place that still represents growth at a reasonable price. they are winning the streaming wars, growing the top line, offer a product that everyone wants, needs, uses, they don't charge a lot for it. they have some room to even increase the prices i think in

the future. if you are going to play in the streaming space and everybody is using it, netflix is still the place to be. >> bio solutions secured fda approval. and danish pharm accompany got its shot approved in 2019. the stock, which has a market cap of $440 million. it is up premarket. then, a big reversal. closing down 7%. let's get more now. good to see you. >> you, too. thank you for having me. >> what is the opportunity here for them and what do you attribute the drop in shares. >> the low for the stock year to date i think if is around

$1.50. for anyone looking to come and trade around it, it is getting due to this news flow, i think, it is the biggest driver and it is allowing traders to sell some strength, maybe they will buy it back at a later date. that seems to be fairly common with these vaccine stocks just given the headline orientation of the names and all of the news that is coming along with it. as far as the opportunities, i think it is not all that clear. they are going to give a lot of the vaccine away from free. most of it going to the developing world, central, eastern africa, so, figuring out the financial impact i think it is more difficult than the narrative which i still think is pretty good and the stock is, you know, as you alluded to, not that much in dollars, $400 million. upside here for sure they can get it right. >> so, jar ad, when you look at the stock -- jarad, when you look at the stock you are

touching on the key points. i don't want to belittle the effects of the disease, if you do nothing the recovery rate is between 2-4 weeks. we know vaccines all work in different ways, shape and form. being such a low market cap stock you spoke about this, is it just poise because it is a low-market cap stock that it will jump all over the place and everyone should sort of sit on the sidelines? >> steve, yeah, that is my gut here. it is a tough one to nail down. the population obviously when you are talking about an entire continent or a big piece of it, it is huge. and, there are a lot of reports that this has seeped its way into europe. europe has been dealing with it, continental europe has been dealing with it for a couple of years now. the amount of cases are small. there is sort of like covid at this stage in the game whereby you got a lot of cases but how

severe are they? and based on all of the reports that i read and ave kind of gone through unless you are immune compromised or have underlining health conditions, similar to what we talked about over the past four years you are probably okay. >> the market is big. >> we don't know how the governments are going to pay for it and how much emergent will make off of it. >> the difference between mpox and covid not medical responsive. people who were sick did not look different but small children, blisters all over their body. and the emotional reaction it is concern even though it is not a problem in the united states you are hearing the parents ask about it. you have to wonder if demand is going to outpace what the real relevancy is in terms of, you

know, medical treatment. >> totally agree. that is a tough thing to kind of decipher in the analyst community demand versus actual severity of mpox itself and then tie it all together and kind of putting together a model that makes sense. you got companies out there that are going to provide the drug for little or no cost for much of the population that is directly impacted. it might be europe if patients over there are willing to get the vaccine before they get it. or shortly after. of course, if we hear cases in the u.s. it will be a stock, you know, ebs it will be a stock that winds up trading a lot of volume and volatile. at $400 million you have to take a look at it. you have to see more before it erodes again. that is kind of like a trading

point. you have to be long in the stock here for that. >> it is tim, congratulations on beating forest gulf in the ping-pong championship over there. in addition to being the forest gulf of pharma, you can talk about so many things, let's talk about the week that was for lilly. a stock, despite the fact that there is competition in the space and again, we talk about evaluations all of the time. any thoughts on the week that was there? >> reporter: yeah, incredible couple weeks for them. a lot of weakness into the quarter. a salute monster. they are doing everything behind-the-scenes to, you know, take more market share in obesity to provide the market with a bunch of different options, now you got this vile that is cheaper to manufacture, gets to more patients, cheaper

cost. i think everything they are doing makes sense. evaluations, it continues to be and has been for the past couple of years the one kind of not, not overhang but the one concern ininvestors have. but, i don't see a lot of -- vestors investors. you have earnings that are exploding over the next five years. as you keep on moving forward here. the pe multiple gets lower and lower as earnings get higher. a lot of investors look at lilly, yes, expensive today but over the long-term, not so much >> great to having you, thank you for joining us. insurance stocks are surging up this year at 30% so far. can the run last? the chart master gives us the take. the wait is over. this is so excited. college football is back.

we get into the lineup and what it could mean for sports betting stocks, fast money, back in 2

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insurance stocks gaining gains. hitting fresh all-time highs today. can the good times last in the chart master, digging into the technicals to find out. carter, what do the charts show you about insurance? >> sure. let's get right to it. a couple different charts to look at. so, first, the waiting. there is an important area of the financial sector as we know. the s&p500 insurance index, 50 stocks you see there $1.3 trillion market cap. let's look at the top five waitings in that index. and of course what jumps out, progressive, they are all property casualty, affleck bringing up the rear. number 5, life insurer. let's look at the performance on a comparative basis. you will see that here. of the shares versus the xfl, all financial versus the bkx. what jumps out is insurance is 4x of the bkx, just slows how

treacherous of an area banks are. and beating the sector. look at the 10 year. here, too. insurance stocks, carrying the day. winning overall. xfl has it. but, handlely beating the banks. in terms of the actual group itself, we can look at two final charges. there is the etf, iak to use if you are going to try to capture this theme. it sold off to the 158 average. let's look at the exact same five-year chart. looking at trend lines we are on the way. it will number this area of the market. progressive, up 88% over the last 12 months, we are seeing it up 40%. stocks moving. i just wanted to point out one other interesting note that came out today. it is that cat bonds, catastrophe bonds that big institutions buy, they are up a

record amount of a record amount last quarter. they are bonds that, you know, they only cost you if a big, very specific weather event happens. and, so, you got some of the big institutional players playing here, what do you think, steve? >> i think you nailed it. we were talking offline about this. the lag effect of the insurance stops where they are taking in all of the premium. if there is no issue that they have to pay out. the stocks will run. obviously it can flip the lingering insurance thing. the iak, the number one holding in that, progressive, up 50%, year to date. that is a great return. i never really looked at that as an investment until charter just named it right there. >> so we just gave you an idea. >> yes. mike, weigh in here. i mean, insurance, insurance for your portfolio is it insurance for it? >> i think it is. one of the names you can add,

of course, it is berkshire. one of their areas of business, low volatility name, a huge cash position, anything they can do to deploy it is a way to get exposure to the space and a low volatility way to look at it >> coming up, a look at the sports betting stocks before a weekend of college betting. speaking of football. amvaatn s cnbc's official nfl te eluionext thursday on squawk box, more fast money in 2 ts. it should be called wiffle tennis. pickle! yeah, aw! whoo! ♪♪ these guys are intense. we got nothing to worry about. with e*trade from morgan stanley, we're ready for whatever gets served up. dude, you gotta work on your trash talk. i'd rather work on saving for retirement. or college, since you like to get schooled. that's a pretty good burn, right? got him. good game. thanks for coming to our clinic,

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gina costa... looking simply stunning... what's this? she's opening her fidelity app.... to buy that stock... with no fees or commissions... because what does gina got? gina's got the look. that never gets old. talk about easier investing. . welcome back to fast money. there is the moment many people have been waiting for, maybe not all. most of us. college football, it is back, baby, the season officially kicking off this weekend. some of the country's biggest d1 programs are hitting the field. the action really highlights a mixed bag for sports betting stocks this year, though. fan duel parent company fluter up 20%. remember it made the u.s. primary listing, a lot of movement there. draft kings, just barely negative. traditional gaming stocks that have sports betting operations like mgm that is a partner in

bet mgm, cesars, pen, espn bet, they are all down double digits in 2024. so, not necessarily a touchdown nonot one when you look at all of the charts, i am sure carter knows the charts, they all look terrible. there is some volatility in some of them. a declining tread line. i go back to the traditional names to the vegas to the mgms. to, a different sort of brick and mortar and all of them have these sort of online presence as well. but, as you cover in-depth a lot of these can not make the money or they can make the money but does not move the needle as much as the online direct play. >> while you are seeing with m -- mg m and cesars it is a

rebrand, they are offering new offerings and technology paying off. cesars has the biggest rewards program in the business and mgm can offer its customers go stay at the bilogio if these are the rewards you want to spend. they have something that the giants in sports betting don't have. >> no question. and, if you know your vegas you know you should pay the gaters this weekend in miami. i know that is how you are leaning. i would be. that is just me. i like draft kings here. i acknowledge the chart downtrend, i think, in terms of the pure play. in the online sports betting in terms of the growth in the market. making acquisitions, the cost in some of their competition weighed on margins a bit. they also missed on it and that is there. that is something that at least two years ago we were concern

about it and the racialization in the space rationalization did not take place >> don't miss cnbc and board game conference, bringing together athletes, owners, investors, innovators, i will be, there i will be talking sports betting with some of the biggest names in the, you can scan the qr code or go to cnbcevents.com/game plan. up next your final threes it's all the things that keep this world turning. it's the go-tos that keep us going. the places we cheer. trust. hang out. and check in. they all choose the advanced network solutions and round the clock partnership from comcast business. powering more businesses than anyone. powering possibilities.

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stay there. >> poised to pop. >> mike. >> up more than 9% or so. >> three seconds, steve. >> walmart. >> okay, thank you for watching fast money. "mad money" starts now. 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". i'm just trying to make you a little money. my job is not just to entertain, but actually to teach you, so call me at 1-800- 743-cnbc. you want to know the

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