Straight day, we saw a biggerly sale off that was followed by a big recovery as investors grapple. Were asking a simple question on the show tonight. How can you fed proof your portfolio if they raise or dont raise . Guy . That is the question. You have to answer the question, do you think they are raising for the right reasons or raising because they boxed themself sboosinto a corner. I think the latter. I dont think because the economy is getting better. A lot of the data was in a word lousy. Is that is, in fact, the answer you stay low in the bond market. A huge sell off yesterday and didnt perform that well today but i still think what is happening here is the front end of the curve is going higher. The back end is going lower and i think you stay with that. Youre saying regardless of what they actually do, the economy is weak and therefore thats my opinion. Right. Of course. The folks at home have to answer that but thats what i think. Grasso . Was it real or reverse. Xlu came back today. Thats how you fed proof yourself. Xou yield and hunt for it and thats where you stay. All along this course, thats what has worked. Basically all most the same thesis as guy. Raising for the wrong reasons. I thought they raised for the wrong reasons in december and painted into a corner. I said very early june was on the table because they have to stay away from the political cycle. Right. You have to go with what worked. Karen . Im looking the other way around. I dont agree. I think they raise because the data tells them they need to raise. I dont think they feel like they have to raise so if you see them raising, its because the data allows that and the combination not just being the economy, elsewhere in the world is part of their you know, goes into how they make a decision. So i think they will raise and i think they will raise for the right reasons and industrials and i think yesterday was kind of over done maybe to the upside. Banks came back a lot up yesterday and back today. Im hanging on to those. The one thing i didnt love today, though, was the chrysler truck story about them, you know, really talking up trucks for 2016. All that having been said so youre sticking with the thesis there is global growth. Enough. Enough global with the stories like industrials. Yes, yes. I know you want to get to dan but why didnt they raise with china on the hill . So if everything globally looks rosie now, why didnt they do it way before . When you say way before before december. Before december. They have the ability to do it probably four to six months prior to december. I didnt know when you had in august you had the yen. But you also but before the collapse of the chinese markets, asia markets, they have the opportunity to do what they didnt. I would push back and say the globe is probably a scarier place now than it was. I dont think they will raise in june. I think they will find whatever excuse they can. When you talk about data dependency, the april payrolls were much worse than expected, okay, and they reached the unemployment target and the inflation data which is really what got this starting but well below the inflation target. They will find an execution not to raise in june. Thats my view and people will think about july but i suspect it comes, if it does come, after the election cycle and ill just make one other point when you think about were talking about Economic Conditions around the world to steves point, they are not particularly better anywhere. Yes, weve seen some of the risk assets going haywire in january and february cooled but if the dollar runs ahead of the potential for raise in june or july, then we could be right back where we were before where the ilications of a higher dollar, what does it mean for commodities and credit that sort of thing . To me, i think they have painted themselves in a corner but i dont think they will raise and we have the potential for not too different than volumety across risk assets globally. The question is what do you invest in . Ill tell you what you do. My boy timmy says this all the time. S p and twoyear treasuries because the s p is the best performing and the least risk of any equity market in the planet right now and we also know, you know, treasuries, why not . Thats to your point. 60 40. A plight to safety because relative to the rest of the world. The only problem i see with the overall market, technically looks exhausted but the only problem is the fed governors that keep talking up the ability to raise. Or the need to raise and if they continuously do that, they are going to put a lid on the market. Now it might not crater but i dont think we can make it. That goes to our thesis or the question, no matter what is happening, no matter what is running their mouth off or talking got to buy yield from at the dollar and people come to realize the move to gold is for all reasons other than a falling u. S. Dollar. All right. It has been a year since the s p 500 made a new alltime high so this will be the First Time Since 2012 the s p has gone all year without making new closing high. So what does that mean for stocks . Breaking it all down for you. What are you looking at . All right. Thats right. Its been a frustrating year and a year since we peaked and frustrating for bulls, bears, everyone. Here is the debate around technical circles here. Its really a question right now whether this is the early stages of a very big bear market. You see the topping pattern or is it later stages of this correction thats run its course since last may and maybe come into an end. We think were at the later stages and possibly seeing returning strength in the second half of the year. Here is why. On the terms of positive evidence, a lot of risk indicators are turning higher again. Most notably credit spreads. Thats the blue line here. Now credit peaked back in the summer of 2014. Since then they have been widening and it was really those wider spreads that were warnings ahead of the big volatile downside swoons of the summer of last year and coming into this year again. Now they reversed that down trend. Because of that, they are narrowing. I dont think you have the same risk of high volatile selling. Now the near term evidence is a little more mixed. Indeed. More recently the s p consolidated and there has been a pickup as far as volume moving into declining shares. Here is the break down on the bottom. Orange line is volume in the declining chairs, blue is volume into advancing chairs and a crossover. There is more volume going into declining shares. These cross overs have been terrific tactical trading signals over the last year. You had the buy in november, the sell in november, the buy again in february. So near term action is indeed weak here, grosso loves retracement levels and a very important in 1996. The s p 500 could trade down there and carve out a bottom. What we see is a little bit of an inverse head and shoulders that supports the longer term breakout thesis. I look at your chart. Youre talking about a cyclic correction here. When i look at that correction phase, i look at the latest low from january and february and i see the s p did something it not done the entire time from 2009 is make a new lower low and when i see that after the two lower highs since last may, to me, that speaks to a down trend that is likely to be tested one more time on the low end and who know what is happens if it breaks it. Thats right. If you look at the february row, that was an 18month low. Thats a characteristic of a bear market. Thats a major low. The question indeed, is this going to be a continuation of the move or are we at the point to see a resumption of strength. Its not just credit. Were seeing participation broaden out and oil stabilize. Were seeing a lot of the signals that we like to see to expect that strength can continue on the upside. So i just do not see the setup where you get that volatile move down to the february low. We think it was a bear trap. All right. Well leave it there. Thank you. What do you think . The head and shoulders pattern to me, you find basically the Left Shoulder at the end of march, early april and you find the head in april. I think we can rollback down in 1930 and so i missed his by 60 handles or so. Were not going to quibble over that. It holds or stands february low of 1810. Whose camp would you be in . I like camps. I know you do. Its summertime. It is. Terminology. The oxford fresh air. As for you, which camp . The camp that says the fed does hike, i think my biggest concerall along has been missteps by central banks, which i think this one will be. The dollar rallies and commodities go down as to deflation pressures that have been there. The s p breaks 20, 25 which is my level and key support in 1950. Big box, big returns, at the big box retailers the one area of retail that is amazon proof . Were naming names plus what did tesla, chesapeake and valant have in question. It appears Phil Mickelson is safe but one event could land him pack in trouble. Much more fast money right after this. Wrap politely wait, wait, wait you cant put it in like. That, you have to rinse it first bakedon . Its never gonna work. Alfredo. Dish issues . Cascade platinum. Powers. Through. Your toughest stuckon food. So let your dishwasher be the dishwasher. E . Told you it would work. Cascade. Gas is higher on earnings. Courtney regan has more. Gap in closing 75 Stores Including exiting the old Navy Business in japan is 53 Stores Closing 22 International Banana republic locations. It will save 275 million per year pretax and on the conference call, still very bullish on old navys international potential. Real tones compared to past calls but as usual realistic about acknowledging his company and catching up to do. He was asked about his comments from the shareholder day regarding amazon. Take a listen to what he said. Amazons presence in e commerce is undeniable so to not fully consider the distribution for us would not be thinking about things that were important to us. In no way was i previewing a partnership. Gapping said specifically that it will not reaffirm Earnings Guidance but falls within a reasonable range of outcomes and trends in the Apparel Retail environment would need to improve to achieve the estimate. Cfo Sabrina Simmons says downward trends would put negative pressure on the consensus. Youll remember on may 9th, the retailer gave revenue an updated guidance for earnings so no surprise there is for investors. The retailer says traffic was volatile and appeared to be a head wind. Peck says the percentage of fashion is too high and gap and further gap says despite better merchandise, consumers arent willing to buy at Banana Republic unless there is a steep discount. Things are usually 40 off and take that away, it hurts. Karen, what do you think about the cost cuts . Enough . Maybe, hopefully. Guy and i were talking about it. It seems to be trading okay on some bad news. They have been piecing out bad news for awhile now in the ba balance sheets. The world is vale really volati. Many are not working. I dont know why they give monthly samestore sales. Nobody does it. You said that before. I dont its going to hurt the first time but then its done. Were just now going six months from now, well begin a strategy of no longer giving. Right. Great. Listen, i think this might be the opportunity to buy the stock. Its going to bounce off the news. There is a trade on the long side and the define stop being todays low which is 17. Lets stick with retailers here. The big box players are kicking off. Take a look as a performance in Walmart Stores are sharing. The biggest oneday gain after beating estimates. Walmart shares up 12 . Not just walmart. Lows touching an alltime high and still within big box retail, home depot on monday beating on top of the bottom line. That is flat on the year and market is down. So are these kinds of retailers, amazon proof . Is this where you need to be in retail and ironically, i go to karen not in any of these stocks. Im not. I was surprised, very surprised by walmart. Didnt own it going in. They did a very good job, i think the bar was lowish. Not crazy low. Its trading at an average multiple for them. They do a great job on expense control. Same store sells were good and overseas was good. The one thing they did say, which i havent heard any retailer say, the warm weather helped them and they spent less on energy, which you dont really hear from a retailer but i do think they are squarely in the sites, you know, for an amazon. Sure. Im more afraid for them. When you talk about the consumer that went to the home depot or went to the lowes, we saw that. I think walmart actually wasnt nearly as good as the 9 gain. Remember, back in november they got it done massively for this year, okay . So the expectations were low and we know the stock was down in sympathy with other guys down 8 or 9 and had a 1 count. A 1 count. And then here is the thing, you talk about amazon proof. You know what else . Their online sales up 7 year over year was the slowest in two years so they are not amazon proof . Okay . Expectations are low and they bought it back up here today. People selling it. Makes for a great story about amazon on the trade, amazon is flirting with the old high. 696. So bounced through that now its the support. So if this is going to be the chatter about who is doing better against amazon, exit your amazon trade 696 if it breaks that level on the downside but as far as the other side of retail, stick with whats been working. Ulta salon up 12 . Kate spade up 23 year to date. Buy those on a weakness and dont bottom fish. Guy. There is no comparison. The comparison is in the price action, right . Goes to show you, i mean, home depot i think people said is as good as its going to get. Thats north of 140 when they reported. Walmart is the other side of the coin. Maybe as bad as its going to get and relief. Im not big on pair trades because you have to know what youre rooting for but if there was a time to buy walmart and home depot, now is the time. What do chesapeake and valiant have in common . Im melissa lee and heres what else is coming up. Looks like you lost your focus and cool. Phil mickelson could lose Something Else as an investigation heats up. A top criminal attorney will be here to explain. Behold. The pizza delivery man of the future. The ceo of dominos will explain how hes using technology to corner the pizza market when fast money returns. If youre going to make a statement. Make sure its an intelligent one. The allnew audi a4, with available virtual cockpit. Every year, the amount of data your enterprise uses goes up. Smart devices are up. Cloud is up. Analytics is up. Seems like everything is up except your budget. Introducing comcast Business Enterprise solutions. With a different kind of network that delivers the bandwidth you need without the high cost. Because you cant build the business of tomorrow on the network of yesterday. Technology moves faster than the ever. Ss of tomorrow the allnew audi a4, with apple carplay integration. Welcome back to fast. Elon musk raising eyebrows. Mike is at the New York Stock Exchange with this story, mike . Elon musk planned to sell 2. 8 million shares as part of the stock. Its highlighted musk use as collateral for personal loans. He pledged to back loans totaling 500 million. Teslas offering document notes if the stock price were to drop, musk in theory could face margin calls that would pressure the stock. Musk willingness to borrow and use the cash to finance tesla, those include solar city and spacex is relatively rare among Corporate Executives but ceos have encountered trouble when they face margin loans most notably Michael Pearson had stock liquidated late last year and a few years ago, Aubrey Mcclendon was forced to sell much and Robert Stiller of Green Mountain coffee fell into a similar situation in 2012. Because musk pledged a small amount of his 6. 5 tesla stake against those loans, the prospect of a call seems remote. Hes a selfimposed cap of 5 of the Equity Holdings for use as loan ka lcollateral and sells 2 million shares in the new offering and also donates 1. 2 million additional shares to charity. So tesla shareholders dont seem to have too much to worry about now when it comes to finances but one can argue for a company that will need access to fresh capital, having the ceo soak up investor demand for the stock with his own shares is one more reminder to investors of how bound up their investment is with the priorities of musk that charismat charismatic. That selfimposed limit is the difference. Im curious, what percentage of their equity stake was pledged or net worth for that matter . When their stocks went down, it was virtually all of their liquid net worth. They could not put up other ka lateral and go to other recourse and sell other shares. It clearly is a buffering right here but i do think people when those offering details came out last night, a lot of people on the street were scrambling to find out whether musks role was a red flag. Seems not to be but i think its interesting when you have such a big player financing three startups that all need a lot of capital and hes doing it however he can. Okay. Mike, thank you. Interesting story that mike has. Karen, does this raise any flags for you . Not really. Its always fine until its not fine. It would seem right now that he could easily sell the stock, you know, the street would absorb it. Go prowhen nick woodman sold stock in the 90s, they ate it up. That is true. For his foundation. I mean, i think elon musk is very committed to owning tesla. Thats the risk. Hes too committed. There was a buyer great look by ashley vance last year about elon musk. We read it. There is history. The guy has gone to the brink with every company hes founded and had a handshake deal to sell the company in may of 2013 or Something Like that because they couldnt make payroll. If we have another financial crisis and stock gets cut in half and spacex loses a contract, its all intertwined and they will be in a lot of trouble. The fact is i would go the other way and say his commitment to those endeavors makes the story interesting why hes unique. Quickly on the stock that traded up today on top of the gain yesterday well, you guys know, i dont think its been priced yet. Yeah. Wherever its priced, thats your level you trade against. Its traded really well since the announcement. Lets see after its priced. Progolfer Phil Mickelson paying up on games he won with an insider stock tip. A top Attorney Says what could change in a hurry and close to entering a death cross. Well tell you what it could mean for stocks. Much more fast money right after this. 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Call or go online today to switch to x1. Welcome back to fast money. The dow falling and not even walmart could save it. The dow and s p are on track for the fourth loss and all three of the industries are in the red for the year. Here is what is coming up for the second half of fast money. Dominos is acting like a company with robots and high tech cars. Patrick doyle joins us to discuss his big bet on the future, later. One charter with a death cross and it could mean big trouble for the broader stock market. Well explain later this hour. But first, we start off with a text message that made golfing proph Phil Mickelson a million dollars. Hes the eighth wealthiest athlete in the world and made 51 million last year but its the nearly 1 million he made based on what the scc calls Insider Information which has Phil Mickelson in the rough. Four years ago mickelson got a tip about a wellknown sports better in Las Vegas Mickelson owed money to and walters tip was based on Insider Information, mickelson may not have known that but went all in. Based on these december kiis he bought 2. 4 million in the stock. That 2. 4 million he put in according to this complaint from the scc was nearly ten times anything he had already had in his stock portfolio. They are claiming he had 250,000 in his stock account, brokering account. The shares popped 40 and mickelson sold the shares and paid off his debt. They are calling him a relief defendant which means he has to return the money, a little over 1 million. Hes doing that but not being charged with Insider Trading. Officials were repeatedly asked if hes getting special treatment. They say thats not the case. They just dont have evidence they knew this was bad information. Mickelson released a statement regret for falling short of the high values he shares with the people around him. For his many, many sponsors, so far nothing negative pull back and saying they appreciate what he has said about values. They regret what they had to do and disappointed. Callaway saying they value the longterm relationship. For now, no change in sponsorships. This has been going on for a few years, these rumors about this case. They have been known he was affiliated and havent pulled back then and not pulling away from him yet. Interesting. The Accounting Firm will still stand by him. Jane, thank you. Yes, the Accounting Firm had its own Insider Trading scandal a couple years ago and the worry was Phil Mickelson might brought kpng. They didnt then and hes Still Standing by them now. They are trading values. [ laughter ] harvard girl. What this means, lets bring in new york criminal attorney. James, great to have you with us. Great. Does it sound to you like Phil Mickelson provided investigatiors with information and thats why he hasnt gotten charged with anything . I dont think so. If you provide information and cooperate in the same way the dean foods chairman is doing, you cooperate and enter a plea of not guilty and then you get a letter of cooperation. It appears here there is simply insufficient evidence to charge him and thats based on a recent 2014 decision from the Second Circuit which seems to insulate what we call remote tips from criminal prosecution, unless there is evidence that mr. Mickelson knew the information came from a corporate insider that it was a breach of his duty and that corporate insider received what the Second Circuit called a consequential benefit in return for that information. Then he is insulated from criminal prosecution. So it looks like hes doing a great job of Crisis Management and saying i made a mistake and all of that. When you contrast that behavior with what happened with Martha Stewart, whats the difference . Where did it all go wrong for her . Where it went wrong had nothing to do with the Insider Trading. If you compare. The law was different back then. Newman had not been decided. Its hard to tell but what went wrong for Martha Stewart was the obstruction, not necessarily the Insider Trading. Somebody called her and told her buy this stock. She bought it and made money but when asked about where she got the tip from and so on and so forth, it was alleged she lied. The problem wasnt trading but responses to the agents. Is Phil Mickelson truly in the clear at this point . Billy seems like hes in a lot of hot water. Is there a risk he will be pressed to provide more information to snare this high profile trophy of Phil Mickelson . You have the initial source and walters and then you have mickelson and with the Second Circuit said is there needs to be continuity of knowledge. Fit was credible, who knows if the Second Circuit if the Southern District would deem that credible enough to proceed. What would you tell walters to do if you had the choice of giving some information and maybe lightning his sentence . You know, it depends on the climate. What i would do initially is look over the evidence. Hes just been indicted. Hes got to get the discovery and see what they have and makes his determination. He went to trial just a short time ago in vegas and was acquitted so he may feel emboldened. Whats your sense to what the u. S. Attorney will do . Walters had been tied up with another investigation relating with carl icahn, the allegations were that carl had given him some ininformation on clorox. Do you think these sorts of, i dont know, these paths get explored once again to see if there are any kind of connections from watt walters t other highprofile targets. Im absolutely certain youre certain . Im certain they conducted an investigation and if they can go somewhere to broaden and amp fie what they have, they will do that. All right. James, thanks for joining us. Thank you. James, criminal attorney. I dont know if you heard the press conference but it was shocking the percentage of the daily volume in trades and Billy Walters alone had in dean foods between 16 and 37 . Wow. The error in judgment, though. Totally brazen. I got to say allegedly because i dont look good in stripes. Youre wearing stripes, thats funny. [ laughter ] hes just admitting it. No, but just the error in judgment to be taking a tip from a known gambler he owes money to. Hes smarter than that one would think. Seems like a good thing to do. You should be put in jail for stupidity. The rules and laws are so introit. You have to go with your gut. If it walks like a duck, its a duck. If it doesnt feel right, the sniff test, pillow test, mirror test, if it feels wrong back away. Lets make a point about sports. Pretty good athletes, i dont think golf is a thinking man game. You have another guy telling you what to use and this and that. So im just saying that of all the sports out there, if i had to peg somebody to do something really dumb Insider Trading, it would be golf. When you were excelling at bag mitt t badminton were running out of time. Badminton is a great game. With summer coming up, set up the net, buy some shuttlecocks and oh. Thats what you call it. Shares of domino pizza up 9 this year. Why his company is doubling down to heat up the stock in an exclusive interview next. A 3 million bet on a high yield melt down. Well tell you what has one trader nervous about this market after this break. Much more fast money straight ahead. Welcome back to fast money. Call it pizza man 2. 0. Dominos is confident technology can help the brand corner the global market. Joining us in an exclusive to discuss is dominos president patrick doyle. Great to have you back on the show. Appreciate the invitation. Even knows you employed technology and seen efficients. 50 of the sales are digital and 50 of that of the dig nil sales come from mobile devices. Lets move the needle the most and what in your view will move the needle the most in the future . You know, i think if you look at kind of the Retail Industry over the last 40, 50 years, it was about the big boxes and physical world and then you had this period of time where it was about e commerce and just about sites where people took orders and shipping them out. I think where all the most interesting things happening today are in the middle where youre bringing kind of technology to problems that happen in the physical world and figure outweighs for people to access the brand more easily. Get it delivered to them. So you see players like us that have been moving from being about just the pizza and kind of the physical retail side moving into that space in the center and you see amazon and some others trying to figure out okay, it cant just be about e commerce, how do we start to play in that center area and as every time we make advances with our technology, come up with new ways for people to order, we so a lift. What is moving the needle the most . I think number one, i think it is the different platforms that weve launched and the fact that people now expect that any kind of technology that they are accessing, they are going to be able to access our brand. So honestly, i think the biggest answer is thing a get of technology and clearly mobile is the Fastest Growing part of that. So, you know, it is over half of the Digital Sales in mobile and over half of the total sales are now digital. So, you know, honestly, i think its the fact that people now expect that they can order dominos anywhere they are at any point is really whats been driving the business. So there is a dominos robotics unit. Youve talked about using selfdriving cars. Look out, patrick, five years into the future, ten years into the future. What will be the most shocking difference in the pizza experience between now and then . Yeah, you know what . Predicting that with the Way Technology is going is tough because so much is happening and weve been doing a lot of work with voice ordering. We think thats important. If you look at what we do fundamental fundamentally, we take orders, make pizza, terrific pizza and deliver it to people and weve done a lot of work on taking their orders and coming up with easier ways of doing that but youre seeing we built a car. We got robotic units and weve done a lot of work in different areas on new ways that were going to be able tofficiencies n get in the store. Thats where were focussing investments. Last question, are there ways to bring more efficiency in actually the pizza making process . I know that you know that guy here on the desk actually made pizzas a great pizza maker. I was good. Hes worried his opportunity to become a fulltime Dominos Pizza worker may be gone. We drove perfect efficiency with him because we made him nothing to make those pizzas. Our labor cost was zero. But look, there are absolutely ways that we can help people in the stores be for efficient making pizzas. Hand stretching the pizza is always going to be what were about. People want to know that their pizza is hand made but there is certainly things we can do to make them more efficient at it and we can continue to look at those. All right. Patrick, great to speak with you, thanks for your time and we hope you come back to fast some time soon and thanks for the pizza. We got so much pizza here. Its nuts how much we have. This is a longtime favorite of you yours. Dominos gapped up and down and worked off the over sell and i believe its probably got another 10 to the upside but i believe yum has 10 to the upside. Mcdonalds has been a reorganization story so to speak on their menu and strategy. I think they will probably flat line a bit mcdonalds. So i think you go dominos or yum. Wow. Interesting he was talking about retail out of the gate and you wonder how much more retailers can learn from the example of a dominos, for instance. They just you watch that digital robot. Yeah. It was fascinating. Im wondering if you get your i think down the road you could see that happening. If you dont need to tip the robot, which i assume you dont for real. You think it will be in 20. They charge 20 and you keep the tip, basically. And you avoid the minimum wage debate. And dont have to pay the guy. Minimum wage debate is a huge impact. Yeah, yeah. Why are you shaking your head . Because the Employee Experience is part of it. Were talking about extraordinary defleation narcoticry. I spent the day at dominos in queens and got paid zero, which is what i was worth that day. All right. We got a news alert on gap cutting gains in the after hours session. Lets go to susan lee. Despite the fact gap came in line with the latest earnings, cutting gaps Credit Rating down to junk level status and b plus, double b plus and siting the fact they expect a weakened Competitive Position for gap and challenging Apparel Retail space and dont expect it to improve at least the upbringing results to improve meaningfully in the near team. Back to you. All right. Thank you susan lee. Do they need to access the credit markets, karen . I dont think so. I dont think so. Not sure. Not a huge issue for the gap at this point. Speaking of junk, dan, you say there are a lot of bearish option bets on high yield today. One big one. We were talking about Economic Conditions since january and february at the storm back earlier in the year and we know that was a function of Commodity Prices and possible bankruptcies. The tracks, high yield index in the rally 10 off of those lows down near 75. Today put volume was four times that of calls largely in one trade when the etf was trading 8270 there was a buyer of 22,500 in the december. 75 puts. Those break even at 7367 down 11 from here. So when you think about what this trade may consolidation after this run and you do have something. The 200day moving average and 50day moving average. Those are indicators suggesting the thing could be moving lower. Ill make one point about puts so far about Something Like this. This is implied volatility. They are the cheapest options on the board if you look to play for a disaster, this is one way to do it with defined risk. Thank you for that, dan, for more options action, check out the full show on friday. Still ahead, congress approving half a billion dollars to fight the zika virus. Meg terrell joins us for a special dose. Here at td ameritrade, they work hard. Wow, that was random. Random . No. Its all about understanding patterns. Like the mail guy at 3 12pm every day or jerry getting dumped every third tuesday. Jerry every third tuesday. We have Pattern Recognition Technology on any chart plus over 300 customizable studies to help you anticipate potential price movement. Theres no way to predict that. Td ameritrade. Hi, im henry winkler. And i know there are many myths about a reverse mortgage so i want you to know the facts. A reverse mortgage is insured by the federal government; you can get taxfree money from the equity in your home; you can use the money to pay off your current mortgage, if you have one; the remaining money can be used for anything; theres no monthly mortgage payments, and you still own your home call today to get your free guide and dvd. Its explains how a governmentinsured reverse mortgage works. Theres no obligation. One reverse mortgage is a quicken loans company. Their licensed experts can answer all your questions. Call to find out what a great solution this can be. Dont wait. Call now amazing sleep stays with you all day and all night. Sleep number beds with Sleepiq Technology give you the knowledge to adjust for the best sleep ever. Its the semiannual sale save 500 on the memorial day special Edition Mattress with Sleepiq Technology. Know better sleep. Only at a sleep number store. Welcome back. The battle is heating up to fund the zika virus. Meg terrell and our resident stock therapist. Meg . So as the summer months approach and the weather warms up, people are saying this gets even more urgent that we need to fund zika efforts in the united states. President obama earlier this year asked for almost 2 billion in funding to fight zika and Congress Really has not. You can see that the Senate Just Passed a bill that would allocate 1. 1 billion out of the 1. 9 billion requested. The house is more stingy with 622 million in its proposal and they want to actually reallocate some ebola funds to zika. Thats something the white house has already done because this funding was coming so slowly. Folks are saying now the senate and house have to come together and try to reconcile these two bills and that could take a really long time and people worried how this funding would get passed. If it does, which companies are working in the space. You have Companies Working in vaccines. Trying to take their Vaccine Technology and translate that into a zika vaccine. They are working the space. And drug development, gilead is a developing story. They have a library of compounds of drugs and screened them to see if they can work against Infectious Diseases and found a drug that looks like it could potentially work for both. Thats interesting. Sitting on the shelf in their library. Literally sitting on the shell. Cool story. On the Mosquito Control front, this is a way to make a dent in zika. We have a medicine that can make money for them and there is a battle brewing in florida over whether they can do testing there. That will be interesting to watch and of course, Big Companies like bayer are working and on the diagnostics front, a lot of Companies Working in the space whether super investment is another question like we saw with ebola. Meg, thank you. Meg terrell with stock therapy. You know, guy, you look at some names, not going to move the needle. Not for gilead, its not. For a company like intrexon. Thats a good company. A lot of interesting things going on. Again, this would move the needle more than gilead but here is the stock that you might want to take a look at on a flier listen. Another play but the upside is interesting right here. Up next, the traders tell you what they are looking for tomorrow, ak, the final trade. Stay tuned. The call just came in. Shes about to arrive. And with her, a flood of potential patients. A deluge of digital records. Xrays, mris. All on account. Of penelope. But with the help of at t, and a network that scales up and down ondemand, this hospital can be ready. Giving them the agility to be flexible reliable. Because no one knows like at t. You wouldnt order szechuan without checking the spice level. It really opens the passages. Waiter. Water. So why would you invest without checking brokercheck . Check your broker with brokercheck. Time for the final trade. Dan, nathan. Yeah, walmart was one of the bright spots today in the market and retail earnings. I wouldnt be buying it and a descent short leaning against 70. Karen . Yeah, kors is pricing in i think a very significant miss already right here. If you want to play, you can do call spreads. They report june 1st. 386. So in light of retail being ultra confusing, i spoke to a retail pm, Portfolio Manager that loves childrens place. Another kicker to it, they are ramping up with amazon. Plce, childrens place. The kicker is karen owns some. I do. She could have jumped in. Patrick doyle, man. I got to tell you something. Youre carrying a favorite for a job, for future job. You said i was what did you say . I was pretty good. I wasnt the guy i worked with said its the best he ever seen in terms of learning. Because youre anyway. Made pizza sounds like gps. Bad news is in. Im melissa lee, thanks so much for watching. See my mission is simple. To make you money. Im here to level the Playing Field for all investors. Tlls always a bull market somewhere and i promise to help you find it. Im cramer. Welcome to mad money. Welcome to cramerica. Other people want to make friends. My job is to entertain and to teach you. So call me. Or tweet me jim cramer. The sum of the parts is worth more than the whole. You cant tell on it a day to day bas