But the chart master says this could be your best chance to bite stock hell explain what has him so excited. First, we start with the markets at alltime highs, the s p having its best start to the year in more than a decade, the dow hitting a fresh record high and barreling towards 26,000 as the tax euphoria takes america by storm whats driving the markets glad you asked its what we call the untouchables amazon and boeing only had one down day in 2018 and this following huge runs for both these names last year, starting the year at all time highs. How much further do these stocks have to run and what if anything can bring them down . Guy . Steve has been all over amazon, ill let him talk about amazon boeing has been a monster. Weve been talking about it for the last few years what do they have going for them commercial aviation, theyre crushing it. A backlog of 6,000 planes, people are ordering planes from boeing what else . The defense component of their stock as well. You lump them in with Lockheed Martin the problem is in my opinion, now youre starting to get a little bit ahead of yourself boeing is trading close to 30 times forward earnings, which is expensive in history terms, in terms of what theyve been over the last decade or so. Theyve grown at 15, 16 , which is great i think boeing continues to rally into earnings, january 31st unless they pull out a miracle number, which theyre capable of, i think they disappoint. You take profits ahead of earnings or unless they guide higher right . Heres the deal on boeing if you think about the fiveyear kind of average on the company, they traded around 17 times. So theyre very expensive in the fiveyear average, not expensive in the 12month. Two days ago, on the 9th, they talked about Fourth Quarter deliveries again, the numbers these guys put out continue to be some of the best on the street i think its one of the best in the space. One said hes stupefied with the valuation. I think it always comes back to valuation. An and move in five days, thats enough for me 13 in five days, yeah, thats a year, thats a really good year if youre up 13 for me, im a seller or at least a put buyer here we asked at the top of the show what brings these things down. You never get hit by the bus that you cant see, right . Or the bus you can see it sounds like you got hit by a bus. My point is, take some profits here the thing is straight up, whether its boeing, whether its amazon, or bitcoin. When markets go by a parabolic move, you want to be there are a lot of stocks out there for this year that have started similar to the way boeing and amazon have started this year. They have just skyrocketed, gone straight out of the gate here. Right, but if you look at im looking jcpenney, up 81 from the november lows so if you look at amazon, i think you have a runway where it can go higher. I think the chart is a lot smoother than a boeing i would sell boeing. I was long boeing forever, since the 90s i sold it and got smacked up on that price i sold it basically 150 points ago. So this thing has defied laws of probability. If you look at retail, though, i think that you have a chance where amazon is not outperforming. I think Department Stores are going to outperform. So if youre in amazon, its going to be slow and steady. I think it can move higher it wont outperform. Department stores in the First Quarter will outperform. The premise is what weve seen is not just you tell Short Covering rally, theres an enough to sustain it for a little longer. We had talked about jw nordstroms, now its a month, month and a half ago the stock was trading at 36 bucks. We talked about the risk reward for nordstrom set up incredibly well to the long side. Now in the after hours, at least i just saw this, nordstroms is thinking about going private again. Last time this happened, the stock had a run up and an unceremonious move to the downside weve been bullish on nordstroms. I would be looking to take profits in nordstroms next week when i said stocks were skyrocketing out of the week, i was thinking of target, which had a massive week theres better entry points lets take a look at a target, and Something Like macys, right . This is one of those beatendown stocks, but at least i had that range its been trading in for the last month, now i know where my stopout point is ive got a fundamental tailwind, okay, tax cuts, people have more money in their pocket. What do you buy, you buy apple, Something Like a macys. If you want to buy target, knock yourself out, but be careful, it had a big run. Perceptions were awful going into the holiday season. Four out of the last five years, the xrt or Retail Stocks did get crushed into the best part of their year because in fact we knew that they were in sec ulawyu lawy lar decline. This year theyve outperformed the s p since early november these guys were giving us their holiday sales. These things were beginning to stretch to new lows. Its a very different game whats interesting about the amazon move is which is about 32 after doing nothing for six months, so amazon, this is somewhat catchup. If you think about what all these other guys are doing, amazon was priced to be the one to take all these other companies out of business. Not only are these guys running their business better but they have an ecommerce presence. Thats very interesting. Whether its jc penny, target, lot of people are missing at the margins, Consumer Staples are going lower and lower. I dont think these guys deserve a better multiple. A news alert on apple, lets get straight to josh lipton in San Francisco for the details. Josh [ inaudible ]. Apparently the audio, we have to work that out but i believe this is a headline that republicans are seeking more information from apple about the issue of throttling the system so basically, throttling down the speed of the system to make the battery lifelonger we talked about this before. Now congressional leaders are getting in on the action will this be a concern especially as apple crosses the 900 billion market cap level for the first time today i think you put this on a sideburner for right now apple wants to break out, and this is one of the big consumer plays here you get a breakout in apple, and you need to remember that this is coming down the pike. I dont think this is over, but it will play out over a sixmonth period youve got a little time here. It seems Like Congress is a little behind it, weve got the story where theres too much facetime or active time, iphone addiction. I think the stock looks like it wants to break out from these levels that would shock the most amount of people at the same time thats usually what apple does i think we dont really know what the impact of this story is yet, we dont know if people are holding back, theyre going to upgrade the battery on the 6 and forego an upgrade to the 7 or 8, because this is an option now. Even if marginally some of the upgrade is taken out of that cycle, that could be an impact i think this whole refresh cycle is extended, because of some of the component issues we had with the x, with the ten what are we calling it its called the ten. Thats what apple is calling it, they named it. The x, essentially fiscal q2, the quarter were in, fiscal q3, those are quarters that i actually think apple will see a fantastic move based on expectations i think we frestretched it out im not worried. Nothing derails the apple story. I called them the good looking guy in college, when he does something thats stupid, everybody thinks its cute, as opposed to when i do something stupid, its stupid. Im not apple. Tim is apple im not apple. Im like blackberry. Youve had that metaphor twice now. It worked the first time. Earnings are kicking into full gear. Well tell you the one Stock Traders are betting could surge. It really is the age of ethereum the cryptocurrency is surging while bitcoin sinks. Whats behind the divergence General Motors with a first peek at its driverless car it could be bad news for another stock. Well explain. Much more fast money right after this your new brotherinlaw. You like him. Hes one of those guys who always smells good. His 5 oclock shadow is always at 5 oclock. You like him. Your mom says hes done really well for himself. He has stocks and bonds your dad wants to go fishing with him. Your dad doesnt even like fishing. You like your brotherinlaw. But youd like him better if you made more money than he does. Dont get mad at your brotherinlaw. Get e trade you or joints. Something for your heart. But do you take something for your brain. With an ingredient originally found in jellyfish, prevagen is the number one selling brainhealth supplement in drug stores nationwide. Prevagen. The name to remember. Ethereum soaring above the rest of the crypto carnage this week as its biggest rivals get crushed. Seema mody has the details heavy. Reporter hi, melissa just this week it lost money as china banned all Bitcoin Mining. South korea is drafting a bill to ban Bitcoin Trading thats when bitcoin broke below 14,000. Add to that a warning from u. S. Treasury secretary Steve Mnuchin who said the u. S. Is working with other countries to prevent bitcoin from being used in swiss numbered Bank Accounts to make sure bad people cant use the currency to do bad things. Ripple, another cryptocurrency which has been on a tear recently, closed this week down 27 . While the prospect of more regulation initially hurt ethereum, it rebounded, closing up 24 its one of the only major cryptocurrencies to end the week in the green melissa . Thank you so much, seema mody why is ethereum so hot age the aquarius take it away, bk. So why does any asset class get going . Theres a lot of different moving parts to that ethereum has a lot of development on it. I want to point out one thing that i noticed since the first of the year. Ethereum has been a big performer. What do we have here why since the first of the year do i think theres been a driver we have a Software Upgrade those of you who know whats going on, its the casper net came out on january. Its the first step toward moving away from Energy Intensive mining weve all read the articles about Bitcoin Mining takes so much energy, its a small country, theres a potential for a mining ban in china. With the casper upgrade, ethereum will be able to move or start to move in the direction of whats called proof of stake. I dont need all those big Energy Intensive miners if i use proof of stake so number three, we talked about the potential mining ban as ethereum moves towards this, the value of not having to rely on miners becomes more valuable. I think thats one reason, at least a tailwind here for ethereum lets take a look at the chart, okay this is from jan 1 you have that little uptick there. That to me was that little thing that changed that made this entire run go higher hey, brian, question for you. First of all, theres been some concern that theres been a lot of congestion on the ethereum network, the transactions are getting bogged down, prices are going up, they need to push through this Plasma Technology which will increase throughput is this a fly in the ointment, will they be a victim of their own success . Scaling for any blockchain is the biggest challenge we have out there right now. This Software Upgrade, again, is a step in that right direction but the problem with all of these blockchains, theyre so popular that nobody wants to go there anymore. And by that i mean, its very difficult to scale there are some Solutions Coming out. One of them coming out towards the end of the month, or actually towards the end of february, is cosmos, an internet of blockchains, full disclosure, im an investor in that. Cosmos was a soccer team in the 80s quick question, bk. If i may, gentlemen. Sorry so what is your position now in ethereum versus the others . Ethereum is one of my largest positions at this point in time. I think its one of the top two in the fund at this point. Because of the run or because you added to it at the beginning of the year . Because ive added to it, yes. Im an active trader, so i will trade around this. But for right now its one of my large positions. Thanks for that, bk the more you know. Shares of cbs and viacom are surging on reports they may get back together. Im melissa lee. Youre watching cnbc, first in business worldwide meantime heres what else is coming up on fast. Facebook shares are falling. But it may be time to buy. Well explain. Plus a strange market anomaly may be signang ali buy sign for one beatendown sector. Well tell you what, when fast money returns whats team spirit worth . cheers whats it worth to talk to your mom . Whats the value of a walk in the woods . The value of capital is to create, not just wealth, but things that matter. Morgan stanley but some of us make somethinge make sommuch more. Dinner. Mom would be proud. With blue apron, any night is a chance to see what cooking can do. Thats it. Im calling kohler about their walkin bath. Nah. Not gonna happen. My name is ken. How may i help you . Hi, im calling about kohlers walkin bath. Excellent happy to help. Huh . Hold one moment please. [ finger snaps ] hmm. The kohler walkin bath features an extrawide opening and a low stepin at three inches, which is 25 to 60 lower than some leading competitors. The bath fills and drains quickly, while the heated seat soothes your back, neck and shoulders. Kohler is an expert in bathing, so you can count on a deep soaking experience. Are you seeing this . The kohler walkin bath comes with fully adjustable hydrotherapy jets and our exclusive bubblemassage. Everything is installed in as little as a day by a kohlercertified installer. And its made by kohler americas leading plumbing brand. We need this bath. Yes. Yes you do. A kohler walkin bath provides independence with peace of mind. Call for a free kohler nightlight toilet seat with consultation. Or visit kohlerwalkinbath. Com for more info. Cbs and viacom could be reunited, according to a report. This has long been rumored on wall street. But wait maybe not. Reuters reporting moments ago that a deal could be off since the split at the end of 2005 viacom is down 16 while cbs has soared 392 . Will they or wont they or, more importantly, should they nice use of peaches and herb. I think they should get back together again its been proven you need some size in negotiation with the networks reunited peaches and herb, so 70s viacoms valuation is 6 1 2 times trailing content is now seemingly king again. Does viacom need cbs . I dont think they need cbs on valuation, you could own the stock on its own but the cbs kicker would get the stock closer than it is now. I think cbs reunited. Do i have to play the song . Reunited and it feels so good. I say they get reunited i think its better for viacom obviously theres some benefits to cbs viacom is trying to change this company. Theyve been stagnant for a while here for me, im a buyer of viacom. We call Herb Greenberg peaches. Because of that hes a fantastic reporter right viacom. They have to get back together you saw the performance coming out of there you saw how viacom lagged. Either way viacom is a buy shifting gears, General Motors is revealing their next big idea in Autonomous Vehicles, with no driver, no pedals, and no Steering Wheel. Is this the future our phil lebeau has all the details. Hi, phil reporter melissa, once we started reporting this this morning and showed people the picture of this chevy bolt thats been modified, and they hope to start manufacturing this next year. This is not for you and i to drive. Its for the Ride Sharing Company that General Motors plans to Start Testing next year who else is in this race for autonomous drive vehicles . Really every major automaker most of them had paired up with Ride Share Companies or with other tech firms speaking of tech firms, people today are saying, whats waymo doing, arent they building a car without a Steering Wheel yes, theyve tested one for a Ride Share Program that starts in phoenix this quarter. Its going to start with selfdriving minivans. By the way, those minivans will have a Steering Wheel. They have yet to petition the federal government for manufacturing and using a vehicle without a Steering Wheel. As you take a look at shares of General Motors, remember, they give Financial Guidance next Tuesday Morning at the detroit auto show. Well be there, melissa. Im sure there will be a few questions for them about when they expect to turn a profit when it comes to autonomous drive vehicles are there stop buttons in that car if something goes wrong and youve got to reporter theres an emergency button is there one in the front seat, one in the back seat reporter i havent looked in the back seat. Ive only seen the video of the front seat theres a very prominent one there. They realize that youve got to have a way for people, if they truly need to stop that vehicle, that they could. And who makes Steering Wheels, phil reporter a number of companies. I mean, theres a whole host of suppliers. I dont think that thats going to be a huge hit look, were not looking at this taking off right away. Its a test program at first all right, phil, thanks, phil lebeau in chicago. Grasso if you want adoption of autonomous drive, you need a Steering Wheel why nobody wants to get in an Autonomous Vehicle ive been in one. Did you feel a false sense of security as long as theres a stop button, im all right. Shes definitely not getting in the back seat with you. I dont know how i got there it was a stop button but i think its a positive for Chip Companies its a positive for gm to look at it as a tech company. Tesla is a tech company. You thought that they would lead but now that gm is taking the forefront in autonomous, i dont care if its ride share you would hope it would get some of the multiple, but so far its not i mean, its not getting it because this is were talking a couple of years away before this becomes this is one year. But for the bottom line i love what theyre doing, theyre starting ride sharing, thats the future. But for their bottom line, thats not something that wall street tesla doesnt make any money either tesla doesnt have to make money. Im just saying, you could have an Autonomous Car gm gets the tesla p e sorry we want to go to dan faber while we have a little more time to get some more news on viacom and cbs. David . Reporter hey, melissa. Listen, lets see if i can help our viewers understand whats going on here. There are various things we draw lines through saas journalists shari redstone, according to people im close to, made it clear she would like to pursue a transaction under which viacom and cbs would get back together. But importantly, nothing has actually been done in that effort other than perhaps the sense on the part of participants in it that it might be something that takes place yet again or an effort is under way. And when i say nothing, i mean no bankers have been hired, no independent committee has been formed, no offer has been made or communicated at this point. Of course it would come, as you guys know, from cbs to viacom. You would have noticed viacom has moved up a decent amount of late and certainly it is fair i think to speculate that this is something that could come together and again, when i refer to standards, there are those of us who actually wait before the actual talks to begin before reporting something. Thats not the case here, so it is our intent to try to bring that to fruition yet again i just wanted to share that with our viewers. It does sound like a trial balloon. David, thank you for phoning in, have a good weekend. Time for the final trade tim . Oh, sorry. We dont have to do the final trade yet. Okay. Lets not do that. What shall we do viacom and cbs. We basically missed the report david is one of the most responsible journalists out there. Shari redstone can say what she wants but its not like theres necessarily a story there. Viacom sold down too cheap the content wasnt deemed to be worth the value. They seemed to be losing their mojo with the kids, comedy central. But it makes sense and i think these two entities, this is not the first time this has come up in the last couple of months. David is doing the professional thing but stocks trade around that before you have any substantive news what do you do, do you fade that i still think youre able to buy viacom even up this much, youre able to buy viacom. Where theres smoke, theres fire i agree, i think viacom continues to be the play, mel, 100 that does it for us here on ast. ll be off on monday see you tuesday. Options action is right after this hey there, were live at the Nasdaq Market site on a very foggy friday the guys are behind me getting ready for the show talk about a face slap shares of facebook are experiencing a rare down day but something suggests now is the time to buy. And one tech stock had a massive run in 2018. The Options Market is pointing to a big breakout when it reports earnings next week well give you the name. Plus its the second w