Truthful part 2. As they all get set to report on earnings next week. Well tell you which ones could be with to break out. First trumps first week in office and it was a bit of a bumpy ride but the markets didnt seem to notice. In fact, soaring to new highs. The dow and the s p 500 up 1 this week. The nasdaq up nearly 2 . And this in the face of a number of head winds. Tensions between the and u. S. Mexico heated up. Showing less than 2 growth for the Fourth Quarter and some reports from big names. Particularly on the dow jones. But nothing seemed to the rally the rally. Look through this noise. I hate to say just buy blindly. I dont think thats what youre implying. The reality is the market seems to want to gap higher. Look at the vix today. Negative on the day again and ive said for the last couple weeks, i dont want to pretend im some raging bull. I havent been and im not necessarily. I think the vix is headed to Single Digits like a nine handle which is not that far. People will say youre nuts. The level of complacency out there is palpable. I think what youre talking about, because although earnings havent been great, some of the dow names, tim and bk talked about it. Intel which started out lower. Reverse asked went higher today. Youre seeing strength where you need to see it. Gdp is backward looking so i dont want to make a deal out of this 1. 9 that came out today. Right now the market seems to be all systems go. Complacency has an ominous tone to it. You say theyre complacent, theyre not paying attention. And youre saying that. So we get to a point with the fed next week, we have a lot more. And i know it was an exciting week for dow 20,000 which it was for all the right reasons. If you look at the s p over the last two years, weve annualized 5 . Were up 7 since the rally. But from six months ago, look at it in its entirety. Relaxed meaning what . I dont think it has been as gang busters as run as people want to call it. The market was facing a lot of uncertainty for a while. You have the relief after the election. You have the announcement of fiscal policy. This week you have a lot of very concrete moves to get you down that road. But the reality is stocks have done very little in the fast two years. I dont think this is a runaway train. It is your time. What day is today . The 27th . Yeah. So 27 days and 5 . Look at the stock markets move over the last six months. Were talking about 6 . Which means that it can go higher. Especially if you talk about rotation. A lot of guys to tims point were caught in the wrong areas. Or the right areas for the right time. Now they want to be out of bonds and into equities. They want to play the dollar. Pl play s p. You stepped in and was the the financials, energy names. Now do i buy those names . Even though i know there is a good chance that a lot of these names will go higher. Theres a good chance. How much fear is there in you look at the markets and say s p nerngs 2017. Probably 17, 18 times . Not overly expensive. Next year, 136 in earnings. Roughly but saying were going to be at 136 is something that we have not been able to do. My point is thats without trump initiatives. Add that into the mix. But your base case no. Thats just sort of the street. Youre saying that trump and ryan are not in this stock market rally. Of course they are. The sectors have proven to rally appropriately. The financials have rallied appropriately. But heres the part. Theyve rallied fast. Theyve rallied really fiercely. Whats your bottom line . People want to buy this market. They want to establish full positions. But they dont have it yet. Its a name that weve been long. Shes still long in the name. Right out of trump. It was 78. Ran up to mid 90s. I sold it. Karen sold half. Now its 128. Thats an incredible move. What do you do with it . Ive said this before. Do you still ride the gains . At a certain point, do you tring register . You have to assume that every part will be from united rentals. If you had those gains, isnt it your responsibility to lock them in . It is. I sold mine. She sold half which is good. And shes riding it on the other half. Let me ask this. I think youre a good one here. In your opinion, where is the up side, down side . I think in the short run like, always, it is about a time horizon. I think after a lot of optimism, not necessarily back substantial fundamentals, gdp, backward looking, we know. We just print 1. 6. A lot of people are calling for 3 plus percent. That is a show me. The flash pmis which are january based this week were fantastic. You want to get excited. There is a lot of economic information saying the world was better. And my only point was i think people should relax. If you look at the whole thing, this is something carter worth might say. This hasnt been that extraordinary of a run. Yes. Off the election bottom. If you want to do that, look at the dax. 440 basis points. What did you do today . Well, priceline is a name weve been talking about for a long time. The names continue to work. I think this is important. Tim talks about this. I agree by the way. Pete talks about it all the time. You buy insurance when you can, not when you have to. What i think is going on. People have done that for so long. Now theyre saying, why am i and not getting reward for it. Thats one of my main concerns. Then you get to the point where it can go lower. I think the vix can go lower despite what conventional people are hedging in different ways. Maybe its a different ideology. This has been a trend. The vix is not something that is a new issue. Not a new phenomenon. What do we do today . The question is, financials didnt necessarily take off today. Right . I think we can, we need a lot more rate discussions going forward. Good for the financials. Deregulation, massive tail wind. Dont forget the structure. Lawyers get let go. All sorts of back function. I think theres a cost perspective. What did i today, what ive been doing every time we get a pullback in some of the trades and value oriented trades. These things in the minors, in the autos. Ive been trading around a little more aggressively. The reslowed what were going for. With markets hitting record highs this week, what key levels do you reach . I like to look at this as a buy, sell, hold. The beauty of technicals, they give you all the answers. You have to pick your own risk analysis. So lets call this the 227. This was the low december 30. So everyone knows i love retracements. You look for what . 150 and the 106. Thats where the top is. The specific sell zone is for a retracement level. It is so tight here. This is 150 retracement. This is the, lets just call it 2,300. If we break through to that, you must stay on board this rally. If we break down, lets call it right here again. This is your first stutter step. The 20day moving average is 2271. Thats going to be your first hiccup to the down side. If youre really, really safe on the long side, you can lighten up at that level. Then you go your 50 day. Which is 2245. This is for your average. Your average trade here really wants to have a defined line between bull and bear. Ultimately, unfortunately, this rally, as long as it stays above this level. A guy knows this level very well. The old highs. 2134. It is the rally is still intact. The problem is that this is a long way to go and youre giving up all your recent gains. Help me understand, when something breaches one of those levels. The 2,300, the 2277. How much below in i think people get confused where they will take, be little. Or do you want to stay there. Great question. Two things i look at. I look at a closing basis and a threeday rule. I would need to stay below it for three days. Unfortunately, kit get really wimpy. If it closes should we invite grasso back . One last question . If we pulled back, what is that perspective . Roughly . Were on the way down. 5 . Right . Yeah all right. I was going to say, protect the spiders. Coming up, elon musk is cozying up to president trump. But thats not the only reason to guy stock. Plus, the retail rages on as the biggest names get hit over fears of a border tax. Theres one reason you might want to own these stocks right now. Well explain. Plus, tech didnt impress investors but there is one stock that could be poised. Were drowning in information. Where, in all of this, is the stuff that matters . The stakes are so high, your finances, your future. How do you solve this . You dont. You partner with a firm that advises governments and the fortune 500, and, can deliver insight person to person, on what matters to you. Morgan stanley. Tadirectv now. Stream all your entertainment anywhere anytime can we lose the all. Theres no cbs and we dont have a ton of sports. Anywhere, any. Lets lose the anywhere, anytime too. You cant download onthego, theres no dvr, yada yada yada. Stream some stuff somewhere sometimes you totally nailed that buddy. Simple. Dont let directv now limit your entertainment. Only xfinity gives you more to stream to any screen. The rally during as elon musk has been seen meeting with the president regularly. You could say theyre besties. It could be good for the automaker but it isnt the only reason you should guy stock right now. January 19th, i believe it is. In terms of this close relationship, better deals negotiating with states . Tax breaks . What do you think this could mean . Were not in a position to be specific what it could mean and weve not valued any of that in our of tesla but i think theres been a lot talked about, 25,000 hightech manufacturing jobs in this country already. We think theyre on pace to expand and get close to 50,000 jobs early next decade. A typical auto manufacturing like that could be a pretty sizable economy behind this company that had zero jobs a few years ago. Thats part of it. The other one extends beyond that. The nature of what tesla does, Artificial Intelligence torsion get a car to drive on the pothole screens of manhattan, to do it safely, the military applications for that technology are a dramatic step down in complexity and collateral liability. Throw in space x and the dod contracts and theres lots of different irons in the fire with the elon musk story. Cynic you upgraded the stock which was just reasonly, youve come up with two other reports. It sounds like youre getting bullish. Whats going on in the past couple weeks thats causing you to walk investors up . We just wanted to make extra efforts to remind people of the, in this environment, were not suggesting there will be any unfavorable treatment toward tesla. But e llons time is important. If the president announces a mars mission which is speck hated, does he spend more time with space x . These are concerns that maybe a few months ago would have seemed fantastic but maybe more realistic now. And we wanted to, when youre negotiating, or doing Public Private partnerships for traded partnerships, where the industry going which weve discussed on this program, that involves Public Private partnerships. If youre dealing with two cities, having those connections, they dont hurt. Wanted to emphasize that. Capital raise, when does that happen . We have not commented on that. We can only point the when elon musk is asked about capital raising, as is a natural part and history of the company. He uses language like we dont need it but doesnt rule it out. We do have them sell financing. But their gross cash levels to get to around a billion dollars. So depending on their opportunity, and their opportunism, and taking advantage of the low cost capital, has been and could continue to be an important part of the competitive advantage in building this company. Building this economy. Thank you for coming by. We appreciate it. Weve been talking about tesla as a potential trump beneficiary probably since the first time elon musk was spotted near trump tower. Adam has forgotten more about this company than ill ever know, just so we understand it. My thing has been with every piece of bad news that has been thrown at this stock over the last five years, it doesnt seem to want to go down tax certain point, there are no sellers necessarily left nflt my opinion the people thrown stock are in it for the haul. Theyll sell it at 80 but not at 180. Another reason to be bullish, by the way. Im sort of in the adam camp. If you see a secondary. Every time theyve done it it has been an opportunity to buy the stock. The Short Interest is high. The other story is who is the incremental buyer . Every time its gone through 250, it has failed. The market is at a record high . Massive short move. We know that. Institutional investors know that. When you talk to the core owners. Hold on. Two people talking at once. Tesla was, tech companies, an able company. That served as a tail wind. Right now there are so many levers they can pull. No one is getting in front of this. A number of big earnings reports next week. Im melissa lee. Youre watching fast money. First in business worldwide. In the meantime, heres what is coming up. Heres whats happening to Retail Stocks of late. But there is an underlying reason the start buying now. Plus, one group of stocks is suddenly looking a little vulnerable. And heres a little hint. And well tell you how theyll profit when fast money returns. The dow 20 k for the first time. Will it hold . Theyve been saying now is the time to put up or shut up for the markets. 13 out of 15 that i would buy. Donald trump tweeted out this morning, great. Dow 20,000. Can trump keep it going . Retail stocks getting crushed on worries of a border tax. Check out some of the dividends in some of these names. Macys and nordstrom have 5 dividend yield. Is it time to guy dip in some of these high paying dividend Retail Stocks . I do believe it is the time to buy these stocks. First they are trade specific retail. Who wants to be in a mall some people want to shop online. Thats why you saw the results for amazon so stellar. When you see at moving out of the christmas season, it picks up again and border tax is the reason a hot of these spooked. That will not be voted on and decide for a while. And to be implemented, another headache on top of it. So i think time to buy. Macys communicated 550 in cost savings. It is a 5 dividends. Trading roughly 11 times. To me, i think the times to buy have bought these stocks is when sentiment has been so horrendous. Im getting emails from the street. Retailers are trying to final out how bad sentiment is. It is really bad. If you figure out where they were after the last round earnings, i believe after second quarter, things are so bad that they wont to rally 7 . You saw nordstroms what it did into the winter. Heres a stock from 45 to 60. And we did a good job by cautioning people to pull the rip cord on that right back to 45. Now they get to plefls are interesting. It is significantly higher than now. They reported in the middle of february. I dont think you have to go out on monday to do this but the chance for a short recovery is substantial. I think it is an assault to everybody that voted for trump. So i think you can pick up a name like jwn and get a nice dividend yield as well. Tomorrow marks the beginning of the Chinese Lunar new year. In honor of the annual celebration, we get to the stocks sure to bring your portfolio good fortune. Lets go around the horn. So staying in that part of the world, alibaba. The ad sales are much better. The margins are getting better. Things like ali pay. And it is growing through mobile which is what everybody expects. The stock is not expensive. The other side of jack dorsey. He has a number of higher priced markets. Mobile payments are attractive but they have a targeted helpeding solution and thats why i purchased the stock. I do believe it has some up side. Lets play some ubiquitous chinese music. So mine is a trade. Under armor. I think you can make some money here. For a trade of 22 Short Interest in the name. The bear case is well known. They have meet number. For a short trade, buy under armour. Reporting a couple weeks. Just upgraded. Up there, dividend west never talked about it and probably should. Ill see you back here at 5 00 monday. Only at t offers you all your live channels and dvr on your devices, datafree. Its entertainment. Your way. This car is traveling over 200 miles per hour. To win, every millisecond matters. Both on the track and thousands of miles away. With the help of at t, Red Bull Racing can share critical information about every inch of the car from virtually anywhere. Brakes are getting warm. Confirmed, daniel you need to cool your brakes. Understood, brake bias back 2 clicks. Giving them the agility to have speed precision. Because no one knows like at t. It was a busy week for the markets. The guys back there will make sense of it all while theyre getting ready. Out of gas. Thats what the charts are saying about one hot sector. Well tell what you it is and how you can cash in. Plus do you know whats cool . Buying facebook for just 3. Well show you how to do it using options. And a groom of stocks can be in danger of selling