Might have the bear buying the stock. Cramer will be here in moments. First we start off with a Surprising Development with the trump trade, with the quarter about to end, check out the winners of 2017, tech is up 12 . Health care is up 8 . These were the two sectors that wall street thought could suffer under President Trump, on the full size, energy, financials, go sectors people thought would flourish. They are trailing the s p 500, as the trade seems to be morphing. You stick with whats working or buy the trump laggers. Pete najerian, kick it off. I continue to like the financials, even though i know they lagged this year. They had a big huge run. I think when they come out, its going to be fantastic. I think there is a trump agenda that will be very beneficial for them on top of everything else. I look at the Technology Side of it. Thats going to continue to perform in my opinion. Tech, all of that i think has plenty of room to the upside. If you look at the laquers, i think energy is worth a shot. People are looking at. That i think i can understand the excitement. I dont know how far i think oil is going. Because of that im not so sure how much upside. I dont know you have to chase it at this point in time. What happened do you think . Everything i look at the mperature, in general there is a trade. We talked about that, ecifically the sentint was so bad, the crew probably trades up, maybe low to mid50, 53, 54. And then kind of caps out a little bit. But i look at biotech, in particular, few look in the last six months, its really going up 4 . Yeartodate massive out you see the generalists get back involved here. They were the real impetus for those stocks to rally the way they did back five years ago, six years ago. I like biotech. Id stick with that. The iry, these are two specific sectors the president seemed to be at war with. Right . Technology certainly didnt like him in terms of ceo donations. They were alsooing to get hurt by the potential for a strong dollar. We have n had a strong dollar as well. Exactly. So i actually would go, i like energy. Because nobody else does. Right. We all have this whole thing, everybody thought energy was going to 7. We did everything at the smartboard. A billion dollars long, all of a sudden energy sells off, oil sells off, nobody likes it. Nobody think it can go anywhere. A great riskreward. Energy, etf, great risk reward buying energy right here. I think it can go higher, much higher. Listen, untils have lagged. The biggest reason is, people got scared that maybe the trump agenda wouldnt go as quickly. The yield curve. That will be my second point, no question about it. It all plays handinhand. The yield coach starts to become flattened as it became apparent to some people that maybe president ump was not going to push his agenda through. Its all that risk reward identifying the food trade. We talked about it last night a little bit. Yesterday, Goldman Sacks traded down to 220 t. Same level in the middle of 2015. You have a very defined trade i financials using gold man sax as you pay, using 220 as the low, i got to tell you, gold pap reports april 17th, i think, benign tape, goldman rallies into earnings, potential to make new highs. If you believe financials pick up in the Second Quarter, then . Do. Will it be the Second Quarter . Im not sure which factor will be rolled. Wherever they roll out of. Ill will tell you, interesting, how about the xls . Somebody came in bought 40,000 upside calls in june to 25 straight which means they think it will enenter the etf. I happen to agree, bullish on the financials. They think they have plent of room. This lagerred thing is an interesting concept when you look at the financial, though, theyre not that far off of the highs. They had such a run. They have been in that consolidation phase ever since. Theyve lagged, there have been others that have rotated and outperformed. I will not short the financials. I will give you the risks. We are talking about basically. We tried obamacare lite, that didnt work. Now comes out today we will have nafta lite. The twin things underpinning financials are tax reform and deregulation. If you get white on either of those, then whatever this rally is going to be here, it may be the last one they got. Its not newscast its a part of it. What do you think it is . The yield is. The rates. The lower growth isnt there. Its going off the facts of what we we heard from the last earnings cycle. I think people think the same thing is happening this earnings cycle. Most people will be wrong. You have a fly yield curve. Thats hard for a bank. It usually follows as well as which is blowing over. Its 12 months out. They are leading indicators nineto12 months out. We talked about a lot. Right. Those indicators are nine 212 months out. That doesnt mean people, traders arent going to say, hey, this is coming down the road. Look, its the expectations. I 100 agree it is for the ride. Traders are looking at expectations of whats going to happen under donald trump, you know, and ryan sort of ni initiati initiatives. Reforms, its going to happen. Theres going to be a tremendous amount of cost cutting. He hasnt gotten anything done. They will get stuff done. Why . Any wall street piece of research. You read any competent piece of wall street research. They talk about it. It will happen. It may just take a little bit longer to occur. Theyve done nothing. Theyve done nothing. Nothing. Well talk about cost cutting u. You are a big blockchain fan, its a tremendous amount of costs. Lets talk about wendy, wendy is going to pick up dramatically when you have people off this tenyear cycle of bankruptcy. My point is i dont think can have that confidence that they can get anything done, confidence is eroding. I dont think you can say nobody can get done because of the people he hired in the financial positions. Energy sector, crude rallied the third week session, is oils Long National nightmare. Lets go off the charts, he says, now is the time to buy, rich, what are you looking at . Lets call this segment man versus crude the rematch. Look, i was on here earlier thisen moth. Up around here. I told you, this thing is going higher. We are going to break out of this bullish flag. Cruelly, things go awry. We break lower. There is that. We stuck with the trade here, our long energy, our long is in crude. Most of the damage occurred really in that first day selloff. What we see here is really a setup that looks almost analogous to the same midteens type of climate last year, except the seasonality is better. We stick with the crude long. Once again the weekly, it gets better. You see the previous declines, since we bottomed. Look what happens here the midteens decline, it holds once again, thats what wed like to see in proof. Finally, how do we play it . There is no what i to sort of dress this thing up. Straight down 13 . We break below that 200 Day Moving Average. You reclaimed it here, once again, april is the best month for s p energy over the last 20 years. March is the second best month, clearly that didnt work very well. There is also that. But if we look at Oil Field Services, its also a very bright picture here. We go to the japanese candle sticks, we know you love. It can go at the tail end of a bear market in Oil Field Services, now bullish at this 50week moving average. Thats your bypoint. Ill give you a name. We name names here, halliburtoh, second biggest stock in that etf. Not only we come back to support the neckline at this entire base of report. Once again that 50week moving average comes in to give us eve more support. If you stuck it out this long, stay with crude. At a minimum, thats going to see what you support in energy, Oil Field Services and individual name like halliburt n halliburton. I think he comes over. Thanks for bringing your chair in. So we were just talking, about your big performance in basically quartertodate performance at this point. Does it make you feel better about your energy to see it was a lagerred in the First Quarter . Does that matter at all in terms of fund . I this i the great rotation game is hard to play. One of the problem with energy is outside of energy. Its a world, a very strong chart. When you have so many better alternatives, you need to attract the tourists that come in and buy something thats not working. You have to convince someone to say take a little off facebook. Sell a bank. Why should i sell it . If the chart is there, the story is good, you want me to mix it up . That can work. Its a difficult sell right now. I think as crude starts to firm here, people will play a little of that rotation game. I dont feel better my call hasnt worked here. To your point, we can see a meaner version, meaner version in a tough market can be a tough sell. I want to go back to the halliburton chart. You mentioned there are multiple support. Last time you were long for a little bit here. If it breaks down again and halliburton breaks through those multiples, where is your stop out . Where do you say this is not working at all . Some people could say, it should have been stopped out already. Its the presence of that very well defined nexus support if you will that keeps us in the train and also that strong seasonality to your point. Below that neckline borders on indefensible. Clearly, thats brok breaking over to 47. Its going to be in the xoa. You take out that moving average and i think we will know when we are stopped out in this trade. You leave out the case for the Energy Stocks starting off with the chart of crude. Does the chart of a dollar support the chart of crude you see and does that mother on a technical basis . Dollar is other trade that has not worked and it its defied peoples expectations. I think thats exactly it. When we were here on tuesday, we talk acted that pull back to the hundredish level there. Dxy came off. Gold has rallied t. Safety trade the antitrump trade if you will, now its snapping back with a jvengeance, it supports crude rally, we see yields come up commensurately. That puts it in the banks with the best performing groups today. Crude is going up, upward pressure on yields, banks, stocks, risk more broadly dollar as well. All right. Rich, good to see you, rich ross. It kills me. A quick energy trade, quick, quick, quick, like a bunny. You are sick ifering. We played wouldnt you rather with a crazy pairing of refiners and retailers and they both actually were lousy. But, tesora, tso, traded them 80, why is that interesting . Thats where we traded down in the middle of january. The riskreward given the evaluation tesoro i think sets up well. Credit swus suisse if theyre right thats a 15, 16 move from where we currently are. Coming up, day 70 of President Trump in office. Not a single bill passed. Is that a good thing . We have a special report. Lululemon getting well be right backed. The ceo told jamie cramer that might have investors changing their tune. He will be here right after this break. It all comes down to this moment. Fast money madness the championship game, will guy adami go home undefeated . Or will he be knocked down from his pedestal . You will decide the winner later this hour. Thats more fast money ahead. At fidelity, trades are now just 4. 95. We cut the price of trades to give investors even more value. And at 4. 95, you can trade with a clear advantage. Fidelity, where smarter investors will always be. Anltry align probiotic. Nade your digestive system . For a nonstop, sweet treat goodness, hold on to your tiara kind of day. Get 24 7 digestive support, with align. The 1 doctor recommended probiotic brand. Now in kids chewables. Welcome back to fast money. Check out shares of lululemon following 22 . Our own jim cramer joins us live from the set of mad money. We love having you on the show, what was the highlight of the interview . First, thank you for having me, mem lisa its great to be with you. I love the show. Im used to doing my show. I want to show you a clip of something that the ceo said that i thought shocked me that no ones talked about. Go ahead, take a listen. Will you be in buying back stock, given the fact that you still expect this year to be great and the quarters that already picked up that were in now . On the actions the product has picked up. Right now we are backing by as much stock as we can of late. He wants to buy back as much stock as he can . Everybody is buying down, hes not a joker. He knows what he is doing. I am saying at least he shows conviction, putting your money where where his mouth is. Its a lot of things people are not factoring in at all t. Confidence to go in and buy shares within they are down this much. Jim, whats your take on where we are with athleisure . Its not that easy to copycat them both from a high and low end. So i think it may not be done, it may not be dead or something. It may be so many people are in this industry its hard for lulu to stay on the top of the pack. Everybody has black pants on the market. Thank you so much, we are looking forward to the whole interview, its tonight at 6 00 p. M. Eastern time. Ceo Laurent Potdevin and ceo of honeywell dave cote, his final interview a. Mustsee, a big one. Thanks, jim. All right, so what do you do with lululemon . Is it too early . Listen, there was some support. They still i think they have a decentside size buyback. There is a structural problem here. I think it is. Everybody out there. I dont necessarily think the athleisure has to be over to have problems because they have a glut of it. This the a totally crowded place, a totally crowded sector. I thought last quarter the negative sent its, came out. People are extremely negative on this story, you wait a couple day, you go in, buy some stock. You get a little bounce, inventories are meen leaner, i dont know, this is a coin toss as far as demand for this product still given all the offerings out there. There was an interesting comment made by an analyst this morning on squawk box. She said essentially this used to be a category everybody had to buy their yoga pants. Now everybody has them, they replace them the ones that wear out. With how many pair, guys, you asked home pairs of plaque yoga pants could i have in my own closet . How many, mel . I guess for you, at least seven. Every day of the week, you know what im saying, smart woman. Its not buying at the rate. Pete has strong feelings, in terms of why i think it traded and closed on the lows today, i think people got smoked trying to buy under armour on the first dip down t. Stock disappointed them again and ape gen. I think people are saying, you know what, lululemon looks launt hauntingly familiar to under armour a year or so ago. There is a what i to trade the stock. Im let him do the honors. Ecommerce slowing down is one of the issues. Now its a part of the selloff. The real selloff, everybody is looking at guidance, guidance is terrible. They already showed they are testing and seeing some of what theyre trying to do, start to pan out and be better as they look at the full year. If you really look at it the breakdown last night, you were talking 54 the stock got down to 54, i dont think have you as to worry about buying lululemon until we see it gets up towards that 54. It breaks through there, then its time i think again to own it. Youre not getting to the bottom. If you buy at 64, it could go to 60. Its inordinance, they can stand back, buy as much stock back and hopefully the stock can react well next earnings trends. So you are buyer . It could be a trade. I got it wrong last quarter. I dont want to get it wrong two quarters in a row. I would let that threeday rule roll in. Still ahead, a surprising trend in the biotech space. Which one later this hour. Im melissa lee you are watching fast money. Its getting nasty in washington. With trump fighting with the freedom caucus. And its having a curious impact on the market. We will tell you what that is and how can you profit. Guy adami cant stop winning, crushing that fast money madness. As he goes for the title. An unlikely opponent could keep him from clinching the championship. When fast money returns. You have access to indepth analysis, level 2 data, and a team of experienced traders ready to help you if you need it. Its like having the power of a trading floor, wherever you are. Its your trade. E trade. Start trading today at etrade. Com but i keep it growing by making every dollar count. Thats why i have the spark cash card from capital one. With it, i earn unlimited 2 cash back on all of my purchasing. And that unlimited 2 cash back from spark means thousands of dollars each year going back into my business. Which adds fuel to my bottom line. Whats in your wallet . And then he gets like 19 this was good. Then they mentioned kiss me. Somebody kiss me. Somebody kiss you. Welcome back to fast money. We are live, it was green across the board with all three major averages higher, the nasdaq closing at a record high, the s p raised losses for the month of march. Joining the nasdaq in positive territory, the dow is less than 100 points away from doing the same. Heres whats coming up, a surprising trend in the drug industry could turn into a major headwind for biotech stocks, who the biggest losers could be. Plus its all come down to this. If the championship game is in jade and American Express go headtohead for all the marshalls, can he solidify his status . Stick around to find out. We start off with President Trumps 70th day in officer and what looks like potential development that few saw coming. Gridlock to be prevailing and the trump administrations plans for nafta is no exception. We have more on this. Elon. Reporter mel mellissa, the president called for ripping up nafta on the campaign trail. What we are seeing the dramatic rhetoric used during the election is getting toned down as the administration tries to turn talk into policy here at walk. We got a copy that the administration is wrapping and ready to renegotiate nafta. It lays out broad principles leveling the Playing Field on taxes, moving barriers to investments and shrinking the trade deficit. They sent the draft to the house ways and means and Senate Finance committee. Wilbur ross talked about sending a formal letter today. We need the permission of the two committees to send the formal letter, which is what triggers the 90day period. Were hopeful that that will happen before the spring recess. Well see what actually changes once the u. S. Sits down with mexico and canada to hash out a new agreement. But the lesson in the debacle over the Health Care Bill is changes are really hard and walk is hard wired against it. Look, republicans slammed obamacare as a disaster. Then they realized partsdz are extraordinarily popular, they were unable come to an agreement over how to fix it. House Speaker Paul Ryan says his party is having quote growing pains, now theyre worried if they cant physical out how to govern, comprehensive tax reforms are out the window, analysts are dialing back to a tax cut. Melissa, at least for the moment, we do seem to be stuck in the status quo. I understand people might read through nafta lite and health care lite. When it comes to nafta, specifically, shouldnt it be relief to the market that everything is in place, all the trade deals dont have to be done and there isnt that sun certainty that would hit these companies if they had to redo trees trade agreements . It seems like trade is one of the things markets have been most worried about. If we look at revolution within it comes to a trade deal, then that can be a good thing. Again, you have to see what could happen with these details and what they will come to around that tax questions. Elon, thank you, from washington. Will this status be the quote new reality . If thats the case, what do you buy . Guy adami, gridlock play . I think it makes sense, if it is gridlock, i think it is extraordinarily deflationary, bopped yields will go down because the economy is not moving as quickly as people think. It means you can buy bonds in the form of tlt. Or you can buy bonds like at t, which gives you a great yield, there is a nice story, if you want to go telecom, tmobile valuation is rich. There is a story there. Behind at t . No, not the time, no, no, no at t the directv deal a couple years ago, put them at the forefront of everything thats trying to happen right now. Well, for me, going into the election, biotech, health care, those were the ones that were no touches. You had no idea what was going to happen. You had gridlock. You have status quo. You probably have a good idea whats going on, xvi, you can bring it over to health care. I knew you were going to say health care. Common nmon now. Usually i say it im usually light. I think in general, like, housing stocks i think i have been bullying for a while. I think it will continue to work out. I think the housing recovery will continue. I think a lot of these you know millennials are happy having children. They need a place to live. Rents are going down. New houses i think at the lower ends are going up. I think it will be a winner. I want to swiven it up for pete. I didnt want you to get all complacent and answer the simple gridlock question with everybody else. It appears the gridlock is a reality. Does it make you less bullish on financials . Probably a little bit. A little bit. Some of my enthusiasm about financials, in gridlock, you know whats performed best. Tech will go higher. I had a fair amount of tech. I think tech continues and. Three or four big trades in tech. Will you let that hang . I think that thing is not only breaking out, i think its breaking out further than it has added to an apple position, i also own wesrn digital. With winners. You need a ride . C gates, these names are awesome. Well, washington may be stuck with status quo. Its anything but the status quo. A chief strategist is here to them white house the inaction in d. C. Means for stock, tony, its good to see you, you would think it would mean bad things in action and gridlock, actually, gone ep dont they do better . This whole narrative the trump trade was going to create a stronger dollar, its going to create offensive sectors off to the races, eh. All of the trump sectors have under performed since the middle of december. So you took the market up huge into early december from early december to now. So when you actually think about the narrative of i want to buy the trump trade, nobody has actually bought it. Theyve sold it. Now i think you get closer to the time. I talked on this show, my correction called for the market. Its worked out really well. Now you are as over sold as you get in the energy space. You had a relative disaster out of the financial stocks. Its not about trump. Its about economic backdrop. Now this soft data, this will be the term excommunicated, soft data versus hard data. The sentiment stuff. Small business opt mitch. Its been extraordinary. You dont just start spending in the next 15 minutes. When i sit down with cfos. I ask them, what about your Capital Spending plan . They were convinced you are going to have another eight years of higher regulation and taxes. So what i think is not discussed on the desk or on the street. Its the nonnegative thats the benefit. You dont need lower regulation, what you are getting anyway. You dont need lower tax regulation. You just dont need new taxes or new regulation and that is, thats got an excitement in corporate america. The animal spirits isnt just in the s p 500 trading up a quarter percent every day. Ceos are getting excited to start, think about Capital Spending to improve productivity and margins and have their earnings actually go up. So im kur yuls, tony, everybody is talking about this tax cut, though, if you talk to your clients, thats all that everybody seems to worry about in terms of investors, maybe not ceos, in terms of investors, is that the one thing that if if we dont get it could cause another correction . I would say no, here, you could get. The market is already corrected. I think this judgment by the street is that the market is not correct. You had the most outside attack, the most offensive sector that corrupted meaning and relative to the market. The answer is i dont think, that would have hit the tape. That took a 3. 8 cut in taxes away from, you know, the top 20 . That is an if, i dont think there is better regulation, i know you will not have worse. So you come on, you mention this, a lot. Talking about this correction doesnt seem to happen. Do you think that maybe we are looking in the wrong places for the correction . You mentioned certain sectors correcting, we seen sharp one, actually. Yep . That the better way to look at this correction . 100 . Is that a 5 correction . The guys with fast money. What happened is historically. It ends up in the broad mark, you get a concentration of stocks, lifting things higher, it ends up with a correction in the index just as your relative performance bottoms for those areas you want to buy. So our call has been to lower your offensive sector to a more neutral weight so you can buy them when theyve come down. Theyve come down, its time to think about getting by them. I wouldnt be expecting in essence a correction a little bit more from here. Its not a time to get defensive. Its time to get offensive. When ceos, at the big companies, especially the Small Companies have this kind of optimism, you nt want a shortcut. Energy and banks . Energy financials, you can look at industrials. Okay. Health care. Those are the areas that probably will get a lift. All right. Tony, good to see you, thank you. Great to be here, thank you for having us. Big fan, in terms of his sector rotation spot on. I am still of the belief that he can heck is chep. Its under loved, under, unstood, i think biotech is bricking out for you. I love tony, hes been spot on. But i like the sector he didnt name. In health care . The question i have. Hey, hes going to lose today, nominal growth, i think stoz much important than the d. C. Initiatives, right. You say cracks in that foundation is slowing a little bit. Is that more of a hurt to this stockmarket than whatever you know initiatives in d. C. Get pushed off . Its slowdowns in the positive credit backdrop. Cpo curve even after flattening, they just proved temporary opportunities get longer and a positive economic backdrop, its not whether you are a buyer, its whether you are a more aggressive buyer. Tony, thanks again. Thanks again. Still ahead, big drugs, big problems, drug makers slashing price, major head winds in the industry. We will break it down. Plus, it is the final. We ne mean final. We have the untested champ, he makes a comeback of the century. You decide right after this break. Much more fast money still ahead. O give investors even more value. And at 4. 95, you can trade with a clear advantage. Fidelity, where smarter investors will always be. And at 4. 95, you can trade with a clear advantage. The power of 100 of the worlds tocompanies. The power of a proven 15year track record. The power of an etf. The power of qqq. The thinking we put in, clients get out. Power your clients portfolio at powershares. Com qqq. Before investing, consider the Funds Investment objectives, risks, charges and expenses. Call 8009830903 for s containing this information. Read it carefully. Distributed by invesco distributors inc. Containing this information. Read it carefully. Thats why a cutting edgeworld. University counts on centurylink to keep their global campus connected. And why a Pro Football Team chose us to deliver fiberenabled broadband to more than 65,000 fans. And why a leading car brand counts on us to keep their Dealer Network streamlined and nimble. Businesses count on communication, and communication counts on centurylink. We cut the price of trades to give investors even more value. And at 4. 95, you can trade with a clear advantage. Fidelity, where smarter investors will always be. Welcome back to the show. L tonight is the night we have all been waiting for. Its time for fast money championship, the 11 time champion. Guy adami, going headtohe for the trophy, they are fighting for t crown with nvidia, he will be fighting with American Express. Who will go home with fast money madness champion . Guy sentence are you the undefeated champion, you go first. Why does American Express deserve the championship . Thank you, when i was a kid, i watched happy days, why am i bringing it up . You know why, arthur fox 2 newsarella was campaigning for 2008 eisenhower, he said i like ike, my bike likes ike, he walked away. Dwightisenhower won. Crushed them. Why do i mention that . Warren buff at the time owns 17 of American Express. I think its his fifth largest holding. He doesnt know what nvidia is, ladies and gentlemen. He knows what American Express s. He is the dwight eisen how tore david seeburgs adelai stephens, you can have the rest of my time. Mediocre. Im tired of guy adami trending on the buy so were going to bring in the ring. Sorry, david. Its a rib shot. Im bringing in some hired guns here to take it over. Nvidia, 45 seconds on the clock, rich do us proud. Unpress dernted. Guy, look, this is houston, five slamma jama, i am the wolf pack. He said one thing, if you laugh, you think and you cry, thats a full day. Thats a heck of a day, guy adami. You are about to do all three when i get done with you. Whittenberg, we one more. Lets see, nvidia not that. Org express. Nvidia, look at this stock. You know the run this stock is on. That purple line. Thats your 100 Day Moving Average t. Last me, a democrat was in the wte house. Look at this, you tested whole key support here. Bullish flag at the 50Day Moving Average. Heres the key the trading rate. 25 points from toptobottom. Were being to get a bake here. You get to 145 on nvidia. All right. Buzzer goes off. This is going to be quite the matchup. Lets vote here on the desk. Who deserves the crown . Pete, which stock . Guy adeem and warren buffet . Thank you. However. Oh. My man, the best wrapper i know, unbelievable. Thats a great sales job. I like it. Thats a full day. Im going with that. I actually lost on the nvidia apple last time. He was you know all this positive stuff coming out of his mouth. Rich ross took this down. Everybody needs to vote on twitter for. That rich ross is the man. Listen, rich ross is the man. Guy is americas sweetheart. We all know that. He is wrong heres the thing. I went against him the other day, American Express, rich ross is 100 right. I dont care about warren buffet. Hes the trd richest man in the world now, hes lost it. Its rich ross. We topple guys quest for victory. Head to twitter and vote in our policy, this is fast money. Do not miss the moment when the champ is decided. Go now to vote. Plus, President Trump called for lower drug prices, two Major Companies, listen, we will have the names after the break. You are watching fast money on cnbc first in Business World wide. What we do every night is like something out of a strange dream except that the next morning it all makes sense. To power global ecommerce Fedex Networks are massive farreaching and, yes a little magical. Is it because so many go after it the same way . Chasing after short term returns. Instead if getting caught up with the crowd, the Investment Managers at pgim take a long term view, teaming specialized active investing with riskmanagement rigor, to seek out global opportunities. We manage over a trillion dollars this way, attracting many of the worlds leading investors. Partner with pgim. The Global Investment management businesses of prudential welcome back to fast money. President trump doesnt need to pass legislation to get things done. Following his calls for big pharma to lower drug prices, two Major Companies are responding, it could be just the beginning. That could be the session of stock therapy. This whole time will be trumps focus on drug prices result in anything . People are the most worried about legislation specifically giving medicare the ability to negotiate on drug prices, you can see some of the things trump has said about bringing good prices down, he has focused on it consistently and even when house reform didnt get done last week, this is something people expected him to continue to return to. Drug companies are responding, maybe preemptively avoiding this. We had two big drug problems, as a side note, people are taking as a good sign, but regeneron a rosche. Roches drug is for multiple sclerosis, where they priced it raised some eyebrow, it is priced at 65,000, its an older medicine priced at 91,000. Roche said they want to be clear they want to clang the pricing paradigm. Regeneron getting approval for a drug first skin condition. Pressing out at 57,000 a year. It may sound like a lot. Some are saying compared with other drugs that are used to treat similar skin conditions or like psoriasis and rheumatoid arthritis, that is actually lower than they might expect. Some are wondering, is this a good move . To try to avoid actual legislative pressure and people will be interesting to see in future drug approval, were expecting one in april from eli lilly, where will they see their drugs . For that roche drug, analysts say that is lower than expect. Its hard to make the case when the sticker shock is still 65 grand a year. How do they plan to attack that . Its a really great question, what we hear about the messaging is they keep comparing it to the other drugs on the mark and showing how much those have increased. But its such a populist issue. When you hear 65,000 aer 82. Thats a substantial amount of money. Of course, insurance, hopefully will pay for that. There will be discounts on top of that as well. But it will still be a problem lift populist issue. Finally is it an issue republicans and democrats can rally around . The godfather was on earlier, he said he didnt my things would happen there. Its not other opportunities, if they want to address it legislatively. There are other bills that you can try to get it into. He does have democratic support there. Republican, however, have not wanted to touch their pricing on a legislative level. So its still a big battle. Free market pitalism. Price right. Price control. And theyd be happy to see whats happening, Drug Companies making their own decisions here, rather than being forced to. Mech, thank you. Mech terrell with stocks therapy. Tom successfulios. Look t. Guy ask a genius. Hes a godfather. Drug pricing is the hottest debate around, its taken the wind out of the sails of this group. I dont believe that anything is going to come to fruition here. We are actually projecting drug prices to be up year over year. I look at it and say no reason to panic here still, list price is different. Mech mentioned discounting. All that stuff that occurs. So i do not believe its going to be impacted. I think its smart for them to be proactive to take heat off it. This highlight, how outrageous the prices are, if you drop it from 90 grand too 60 grand. You compare them, right . I mean, so this is a massive, masive you are taking a 5 long. You are trying to be the defender of roche and biounion. They say this is a brandnew drug probably more efficient or effective. Okay. But presumably there are whole argument has been we need to have high drug prices, they need to be very high because of all the r d, which i understand. When you come out and say, oh, guess what, we can be price competitive. We are dropping our prices which only highlight what is you have been doing in the past. President trump, he does actually make a pretty cogent point when he says here in the United States we pay multiples for the fair drug. It actually is accurate. Im sure there is reason for that i dont know. Im sure we do over i also think a lot has to do with spending on r d. We have have that argument for hours and hours. I dont think its unimportant right now. I do think these stocks valuation wise are cheap, these stocks, pfizer, for good example, sticks out like a sore thumb, after the last quarter, they reported the stock has grown straight up in a nice pattern after not a decent quarter, why . Because President Trump said we will ratchet back the fda. We will spin back the process. Spinning up that process, that combination, we might not have to have the government step 234. This is going to be much more, what this drug was able to do that the old drug was not able to do. That part is wide, that you have to have that r d spend. Lets say you dont have to have it. My point is this highlights the fact that Drug Companies, theyve said, we cant change our prices, this price is where its at because they can change it. What happened . Everything gets more efficient over time. I think theyre getting more efficient and able to get through the process faster. You have to hope so. They have years to get developed. At amazing. Right. All right. Lets stick to health care here. One trader is betting nearly a Million Dollars at hospitals are due for a sick day. Mike is standing by with the max. Reporter we saw three times the average daily put volume and hca if some Health Care Reform was taking place might see action. We have seen it. What they were doing is buying the june 27. 5, 77. 5 put spread, to 3,000, thats a trade that itself going to make profits as long as the stock goes below 85 expiration. And the reason for this is that, obviously, there was some chatter starting yesterday that maybe congress would try to take another run at Health Care Reform. This was the sector that saw arguably the most volatility if there was going to be a change there. Thanks for that, mike. For more options action, check out the full show tomorrow. Yes, you do. What thai did they mention before . A d, when it was a 7,000 stock. He saw crazy activity, trading 14 now. All right. Up next, the moment you have all been waiting for. A mans trophy . Indication, believe it or not, rich ross ahead. So if you are a guy adami fan and dont want to see him cry, vote for him. He is vying for the championship. Please vote, there is no tomorrow. Have you two minutes left to be back cnbcfastmoney the handle. Hey nicole. Hey i just wanted to thank your support team for walking me through my First Options trade. We only do it for everyone gary. Well, i feel pretty smart. Well, were all about educating people on options strategies. Well, dont worry, i wont let this accomplishment go to my head. Im still the same old gary. Wait, you forgot your french dictionary. Oh, mucho gracias. Get help on options trading with thinkorswim, only at td ameritrade. E trades powerful trading tools, give you access to indepth analysis, and a team of experienced traders ready to help if you need it. Its like having the power of a trading floor, wherever you are. Its your trade. E trade remember here at ally, nothing stops us from doing right by our customers. Whos with me . Were like a Basketball Team here at ally. If a Basketball Team had over 7. Im in. 7,000 players. Our plays are a little unorthodox. But to beat the big boys, you need smarter ways to save people money. We know what you want from a Financial Company and well stop at. Nothing to make sure you get it. One, two. And we mean nothing. 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It is the moment we all have been waiting for, years of preparation, hours sharing at stocks and charts. All for this one moment in time and the winner is in a squeaker, rich ross. Here we go. Thats the order. So can you pass with that . Winner. That was a heck of an architect. You did a nice job selling tha that. How does it feel to a deep groan . The 11time champ . Words really cant describe the emotion. I dont think i saw anything since th grade, you know what, ill take it. Today the underdog came out ahead. Thats right. Great job. Great job. Everybody is hearing this. Looking at vis sarks one of the others in the financial world, big activity. Get in. Cop breakout, asset sales, stocks will contie to go higher. Brian kelly. Tony dwyer, tells you to buy energy, you buy energy. Rich ross, stud, tso against 80 bucks. Over to you, melissa lee. Bye, at 5 00. Mad money starts now. My mission is simple, to make you money. Im here to level the Playing Field for all investors. Theres always a bull market somewhere, and i promise to help you find it. Mad money starts now. Hey, im cramer. Welcome to mad money. Welcome to cramerica. Other people want to make friends. Im just trying to make you some money. My job is not just to entertain but to educate and teach. So call me at 1800743cnbc or tweet me jimcramer. Sometimes sometimes its as simple as busting the