Rather you may have heard about this eclipse. No, what happened today, brian . Amazing americans across the nation now comes the hard part. The trips home and the cleanup well show you some of the aftermath. So much to do. Let us begin with your money it was a mixed monday for the market the dow and the s p finishing fractionally higher. The nasdaq slipped just a skosh, i believe they call it in minnesota. You betcha. If we stay weak, guy adami, is it a buy the dip market we stay weak. I would push back and say today was an encouraging day by the way, great having you onboard, great to have you here. Thanks for helping out. Established that earlier. We talked about 2410 being an important level in the s p i think it got down to 2417 today. Pete can speak the vix, down 7. 5 today the ibm, as long as that stays above 130, were okay. Doesnt feel like the worst is over, but at least today gave you the glimpse of levels it needed to hold and it did. You know, we have a dynamic where theres been two things driving price action this year Central Banks and its been earnings if you think about where we are, after almost 13 Earnings Growth in the second quarter, Central Banks bought another 2 trillion of debt, going into a period where i think Central Banks are really about to tell us, possibly jackson hole in a couple days, thats the getting is not going to be so good so to me, means you think fundamentals are fine. What are you saying you think that means theyre going to tighten the market is saying theyre not going to tighten. I think Central Banks are not as dovish as people believe they are. I look at global tate to i think they should not be as dove dovish. Were going to get to jackson hole in a minute sorry. No worries. Pete najarian, theres two ways to look at it which is weve had two tripledigit declines for the dow in the past three weeks which normally is not a big deal at all the reason were making a big deal about it isbecause we havent seen any volatility for about six months you think were seeing cracks in the foundation i think there are some cracks in the foundation, its about cataly catalysts. Weve gotten through earnings season, what is the next c catalyst in front of us . A lot is is going to be political, some economical l as well a lot of it is political. What about technical . Yeah, there might be a little bit on that side of things i tell you what, you talk about buy the dip. On these pullbacks, i think there are opportunities out there. If we already know the facts and fundamentals, gifs tauy was talg about facts, fundamentals. Home depot, it got into the mid 140s today it had a fairly strong day back why is that . Look at the actual numbers that they put up. Thats a company that i still want to buy, because they are doing it on the ecommerce side of it. Necessarily amazonproof but can compete with amazon. A lot of stuff youre going to buy at home depot youre not going to buy at amazon bags of gravel 300 a shipment. Look at the sales numbers, up 6 , people are selling it, why because its a little stretch, theyre nervous. Everybody hears amazon, amazon, amazon not everything is something that amazon can absolutely disem bl absolutely right this moment also the Home Improvement space is not growing floor space. Theyre not competing in the same way that walmart is competing with target, costco, sams, the europeans, all the guys that are there. The fact of the matter is you have a Housing Market thats a tailwind there are parts of retail that make a lot of skeense. Theres housing related and everything else. Look at the amount of people buying homes, what to you do when you buy a house you buy paint, redo your yard, buy a catch. Ethan allen, hooker furniture, stanley furniture. What . Those stocks are all up this year. I dont know whos remodeling his house. Putting a down payment on your home, whatever it might be, not going to macys to get jeans because youre more worried about the curb. Bring up an important thing, pulte homes up 30 , k. B. Homes up 30 year to date. You know whats hidden Utility Space up 12 year to date third best performing sector. Is that the new bond market exactly could be in the last month, its up 4 . The other thing the rest of the market got killed and utilities actually wound up buying in, but technical basis, 2417 is your support right now. On the s p 500. On the s p cash exactly the 100 Day Moving Average which is only 2 1 3 off the alltime highs which is nothing. I dont think youre saying chase utilities, youre identifying that utilities are up i would say at 219, 218 on the ten year, look at what happened today in copper. I think if anything, youve got this trade, the bottom of a range on yields. I think the trade is alive and well, copper above 3 bucks the last time we were here, felt like it was the last Solar Eclipse. This is a very important dynamic for this market. This didnt just happen in copper i agree. The last month and a half, look at freeport mac, some names you like as well some of these other names. Huge upside call buying in freeport tsh. Stay macro here, tim, lets go back to your point with guy a ad adami, the fed a lot of people forget this is the biggest meeting of the year of central bank officials. Hear jackson hole, people going skiing, trout fishing, theyre doing the latter but talking about fed policy mario draghi giving a speech is this the next catalyst, jackson hole tim said for quite some time that people are underestimating the importance of the Federal Reserve in the back half of this year happen to agree with him have no idea what theyre going to do. You have to believe theyll continue to assuage the markets of fears theyre going to tighten quicker than people want them to. Im not sure but i think if youre looking for something that could derail this, it comes in the form of Central Banks, specifically our fed. Do. You think thats the biggest risk i persisteonally do, yes. Maybe, because thats all thats in front of us. A little bit on the politics side and the other side is whatever the feds going to be doing. I mean, you look at these big spikes in volatility, sully, weve had three this year, weve had four since the president was elected. The night of the the next day when he was elected, with got 22 weve had big spikes had one in february. You go back and start actually april, may, now again in august. Volatility is back, but its sustainability is not there. Look how fast i love you, youre smart and youre bigger than i am, but youre wrong. Is that right yeah, notice how i how can that be the only i think youre incorrect on most of that statement, by the way. How can that be the only thing ahead of us . Weve got war games in north korea, pete, weve got market doesnt care i know. Im saying those things are going on. When have how can the fed when terrorist let him answer. Go ahead. Well, i im not saying they are, its not the only thing in front of us. The market that weve had for the last two or three years has dealt with a lot of horrendous events. Of course. In terms of global terrorism. Yeah. Some point they wont. Well, they wont when they lead to populist measures. In europe, youre closer to populism than people think because you had a couple election cycles. I believe were at a place, got through a fantastic earnings season two quarters ago, there was no bar. You itchy. Youre going like this. Trying to get pete to respond to my question. Heres one last one, sully. How long can they sustain themselves, right . Ill give you one great example. Go back a couple years ago, how about brexit how long did that truly last in the market steve was saying the same thing. Six hours. Hes an old floor trader, im a floor trader what happens can they sustain that kind of volatility the answers been no, no, no, no. Theyre getting more shallow and smorthorter in duration whee you pick it. Tim started off this conversation with earnings earnings have been great were in a summer doll drue drum september, october, this market should be bouncing and be higher by im pushing back on petes point that the fed is the, quote, only thing ahead of us. Tony dwyer, our featured fest, has been sitting hire patiently. He is im about to take sorry about that, i didnt mean to do that. Seymour here in between us. Reis heighes right next to u careful, pal. Global economy in the back half of the year in a synchronized global recovery, economic improvement domestically, youre seeing an improvement. How do you know that the surprise index is bouncing a off a real extreme low it saw at a minus 80 level a few months ago. Youre getting the atlanta now fed gdp number, that has bounced up to almost 4 growth the trend in iron ore, lumber, copper those are good things youre referencing . The peak in the market, this is the most important point i can ever talk about, the viewers are sick of me saying it, you have to have an inversion of the yield curve to have the peak in the market everything other than that is a buying opportunity thats not my opinion. Thats is the history of my career think of any single correction we have withstood, and is it sustainable . And does it last a long time and the answer is no, without a shutdown in credit were in a totally different environment that we were in the end of 2015 and end of 16 because you have a global synchronized recovery even with the ecb may be tightening, and the u. S. Tightening. So, tony, when you talk about that, they always say, traders always say ever ring the bell at the top of the bottom, what type of a lag time do you start to get worried about equities, when do you ring the bell when you think its too toppy theres a lag time in your opinion, i believe. The mean inversion of the yield curve is 15 months, steve. You can wait, lets call it the market peaks, im going to say this really, try not to it too quickly. Peaks an average 7. 2 months prior to recession okay the mean inversion is 15 curve you dont go into a recession until it comes o ut of the inversion. So the idea with a global synchronized recovery, that because the fed and the ecb might tighten a little bit more with a still steep yield curve, that its time to get out and run for the hills. If youre good traders, maybe. I am awful at it all i know is that you want to buy weakness when it presents itself at a good fundamental this is important to frame this because running for the hills, im not i know i wouldnt be running for the hills even if we got a pullback. I do think you have a dynamic where a very vocal fed, and a big if, could cause a lot of trading action, and i mean trading action that could last with us through the fall with an s p at levels that are there and very quiet passive Equity Investors that might get spooked. On the show, we wrote a piece in early august called that nagging feeling. We got the nagging feeling, too. Everything was at an optimistic extreme, over 60 bulls in i. Vmt. There was no signs of any cracks the a. D. Line, advanced decline lines making a new hype. All the tactical stuff was good. Earnings were fantastic. It honestly, timg, i think were going to have another push lower. You havent gotten the indicators. How long and how steep . I think you could have another few percent and either be a day or couple weeks. Depends how it plays out theres indicators we use. The vix over 20. Okay oka percentage of stocks, the tenDay Moving Average, below 20 better is below t lolow 10 s p, below 30. Still in the 50s just had bulls on the i. I. The bears would say, tony, everybody is too complacent. Thats fantastic, thats been true for seven years. Been saying that, what, seven years . I dont mean to make fun of them listen, the bears will be right. This will end so badly, you cannot fix debt with debt. Not many bears left well, everybody tends to get bearish when prices get weak funny how that works corrections are only natural, normal and healthy until they actually happen then theyre, uhoh, this is fundamental right now because the yield curve, because of the fundamental backdrop, there isnt anything in my opinion, think of the two corrections weve had over 10 this cycle. The european crisis, and weve had the chinese slowdown crisis that caused commodity price collapse those were two things that made investors think, okay, were going to go into a fundamental recession. What is that now outside of a bomb going off in korea . It is totally easy to forget that last january, a year and a half ago, was the worst start to a year weve ever had. That the average right. The s p 500 stock fell 20 . Maybe that was the big correction it was. Everybodys been look at how the bottom on emerging mar t markets, put a bottom under commodities, a bottom under europe. It made the ecb buy corporate debt the pure genius well, someday the pure genius move of alltime because that stimulated continental europe. Look at the pmis and the manufacturing and services of europe and asia, they have improved since the ecb made that plan tony dwyer, always a pleasure to hear your views. Great to be here, thanks, guys all right lets go around the horn what did everybody buy today, guy . Target was interesting. We talked about it last week especially was interesting because the day that walmart got sold off, a pretty meaningful way from walmart, target actually held in there up, against, say a percent and a halfish on a tepid tape, a nine tape i think target has room to the upside. Target. To stay in the retail space, oddly enough, jcpenney, bid long, got longer in the last week or so seems to be providing an opportunity, if you believe that this thing is going out of business, you know what your stop is, youre going to lose 3. 50. If you think its going to trade higher is this an investment or bet . Its a bet for me its a bet for me. Its an expensive option for me. People have been talking about retail brick and mortar going out of business. Sears holdings has been going out of business for a long time and presented itself with a hell of a lot of trading ideas and opportunities going forward. The investment is definitely in banks financials been taking it on the chins. Got down to 218. Were near the bottom i think of this point on rates. I think you actually have been looking for reasons to buy financials a lot of people have been looking for reasons to buy them. We havent seen options in there. Weve seen it in some of the material space we saw the huge upside buying. I think that thing is ready to break out, get over 11, 12 possibly gilead, i sold it friday, got back into it today because of the options. Gilead, banks, jcpenney, a big bet here, guy adami, target. After a tough few weeks, nike getting hit again on a downgrade. One trader said he might be ready to tip his toes into the nike wreckage. Well explain. Plus, more than half the stocks in the Energy Sector are now officially in a correction or bear market down 10 or more from their highs. Some down 20 30rk, 30 . Is it finally time to go bargain hunting in energy and oil . Were going to talk more about it later on. The infamous, you know, f. A. N. G. Stocks those names. Theyve all been in the gutter in the past month except for one of them. Why are chinese stocks outperforming as well . A lot more to do youre watching fast money. Stick around hey. Pass please. Im here to fix the elevator. Nothings wrong with the elevator. Right. But you want to fix it. Right. So who sent you . New guy. What new guy . Watson. My analysis of sensor and Maintenance Data indicates elevator 3 will malfunction in 2 days. There you go. You still need a pass. There you go. If only the signs were as obvious when you trade. Fidelitys active trader pro can help you find smarter entry and exit points and can help protect your potential profits. Fidelity where smarter investors will always be. You myour joints. Thing for your heart. Or your digestion. So why wouldnt you take something for the most important part of you. Your brain. With an ingredient originally found in jellyfish, prevagen is now the number one selling brain Health Supplement in drug stores nationwide. Prevagen. The name to remember. Thats why at comcast were continuing to make4 7. Our services more reliable than ever. Like technology that can update itself. An advanced fibernetwork infrustructure. New, more Reliable Equipment for your home. And a new culture built around customer service. It all adds up to our most Reliable Network ever. One that keeps you connected to what matters most. All right. Welcome back alibabas epic run rages on. That kicks off our top trades. Investors are nearly doubled their money in alibaba this year, even as the Chinese Technology giant spends big money on media and entertainment assets this is most of the bigname tech stocks here have been weak, with only facebook and internet stocks, thats a beta play on that market. So, if you im long alibaba, 92 . Year to date it outshines everything. Why not take some profit . Because i do believe when you have a company thats guiding up 45 on revenue, in 2018, were scratching the surface not only that, you know, im long baba a long time. Whats happened to baba in the last couple quarters is not only is there core Commerce Business growing, but their Cloud Business is growing a lot faster than amazons for example. Theflowing on amazon is a web multiple. Not a brick and mortar which is what theyre selling at low margin stuff giving them the benefit of the cloud. Essentially alicloud, alipay, all different kinds of pieces. Meanwhile, these guys trade at 25 times next year, where does amazon trade where does tencent trade, also to own and long it trades it around 34, 35. I would take thissing a nich ia the way, i would make it s. T. A. B. , seen thina is inconsequential. Samsung. Add in taiwan semi got an asia tech play that competes with f. A. N. Fwvmt. Focus on internet, 50 penetration in china, versus 80 penetration in f. A. N. G. Stocks here theres your upside. When you say buy them, running out of gas, sounds like they have a hell of a lot of run left. There are a lot of smart people out there who they say alibabas not what house of cards. Could be. Could be. Theyre not saying thats little overvalued or that its slowing. Theyre saying basically its a house of cards. Ards. I cant speak to whether it is i have no idea i mean, the stocks suggest that it is not. Jim is a smart guy been saying that for quite some time d push back and say if youre looking for valuation now, alphabet, google is giving you an opportunity now with 23 times forward earnings, traded down to 920 today. Same level we bounced from i believe in early july. I think thats pretty interesting to me. I guess, steve, my point with jim, sometimes hes way early. He may be totally wrong here why invest now in a company thats so smart people say they dont believe the balance sheet. They dont believe the numbers. If you dont believe the numbers, then youre assuming that china that all these companies are able to perform at the pleasure of the government which means that theres a mote around them which means amazon cant compete there, which means that google cant compete there. So if hes right, thats an even better reason to buy the internet stocks. Well, i would risk quickly, people have been betting against china. A lot of people have bet against china and its been the wrong move ultimately, babas biggest issue, if anything, is big brother in china its not the governments in cahoots. Theyre probably their and issue. All right. Moving away from that, next up, nike getting kicked when it is already down the stock getting a downgrade today falling more than 2 it is now down about 11 in the past month jeffries cutting its rating saying nike is at risk of losing share and margins among increased competition primarily from adeese daadidas pete, buy nike and web traffic some on the desk like it, i dont. The reason, when i see a Company Finally start to go into cl decline, i believe in the fact theyre a great brand. Foot locker, sells 5 , 6 of the sales of nike. They said they were not selling the air jordans. Theres a real problem that is the brand. Within the brand, thats the brand. Thats the problem i see right now. If theres enough weakness there, thats what foot locker points out, finish line, you look at all these numbers and start to look at dicks sports, dissect, hey, how does this affect nike, affect under ar armour no, no, jim cramer this morning on squawk on the street, the thing thats worrying is the lowdown in air jordans, foot locker hit, what you referred to, he said web traffic. I believe jeffries noted that google searches led people toward adidas more mept sort of that may be the future sales trend. By the way, this relative value trade, adidas nike, is six months old adidas has been eating their lunch. Is it overdone . Its way overdone the reason for nikes weakness, finish line seems to be going out of business. Foot locker may be not far behind them. I dont think thats happening we know nike with dtc orders, 52 pu bucks on nike is a place ill start nibbling to me, this pullback is great. Adidas and nike, duopoly both have margin power and pricing pressure they can exert on all their vendors i buy nike. Buy nike. Tim. Pete says no. Still ahead, the president getting ready to address the nation tonight about his plan in afghanist afghanistan. Were going to bing you the latest details on what we can expect from President Trump coming up. More fast money coming up. In the meantime, heres what else we have. Energy stocks on track for their worst month since december of 2015. And well tell you what it could mean for the markets plus im going to soak up the sun the total eclipse is over and the sun is back. And the traders have the stocks that will help light up your portfolio until the next moraj eclipse. Much more fast money after this i wear my sunglasses at night corey hart. Never did anything again. Should have. Dont put out a terrible song. Dont have to do anymore after this this is it. I knew you were disappointed they never came back from that from happening in the first place. At cognizant, were turning the industry known for processing claims into one focused on prevention with predictive analytics, helping them proactively protect the things that matter most. Get ready, because were helping leading companies see it and see it throughwith digital. Whether its connecting one of or bringing wifi to 65,000 fans. Campuses. Businesses count on communication, and communication counts on centurylink. Without pg es assistance, without their training our collaboration with pg e is centered around public safety. We could not do our mission to keep our Community Safe. Anytime we are responding to a structure fire, one of the first calls you make is for pg e for gas and electric safety. Its my job to make sure that they have the training that they need to make the scene safe for themselves and for the public. Its handson training actually turning valves, turning systems off, looking at different wire systems all that training is crucial to keeping our Community Safe and our firefighters safe. Together, were building a better california. All right. Welcome back to fast money. Heres whats coming up in the second half of the show. President trump will address america tonight about his strategy for afghanistan the first time we will hear from the president since the rather Infamous PressConference Last Week were going to let you know wha to expect tonight. Plus the Solar Eclipse captivating americans across the country today. Well take you to madras, oregon, with more than 100,000 people gathered to watch that historic event but first, we start with energy that sector sinking 7 so far this month it is tracking for its worst month since december of 2015 lets get to bob pisani at the New York Stock Exchange for more on energy. Bob . Reporter hello, buy wrriabr. Another ugly day for big energy with many of the biggest names again at or near 5 2week lows whats going on . Another epic miss on oil prices is causing traders to push down their earnings expectations for oil. Theyre not done yet back in january analysts predicted oil would be close to 60 by the Third Quarter instead, its been mired in the 45 to 50 trading range, with oil well below expectations, analysts have been aggressively taking down thirdquarter estimates. So, at the beginning of april, Energy Earnings were expected to be up a whopping 222 . Not a typo 222 for the period ending september 30th now theyre expecting to be up only a little more than half that at 131 , thats a huge cut. You got two problems now with the Energy Complex first problem, despite the price drops, theres still not a compelling valuation for oil companiy ies because no one knos where oil is going to go, up or down they cant get the direction right. How can you get anyone interested in the energy story even with stocks at new lows why can traders get interested when tech is still performing well who cares at energy . Hope springs eternal over the weekend, strategists out cdonald, again, argued that oil stocks should be considered for a buying opportunity again, the argument is simple. In recent earnings reports, companies have implied they would be spending less to look for oil. Thats true due to lower price that should reduce supply and help oil stocks. The fed tightening could also help that means less easy money ash around which would also make it tougher to raise money for more drilling still, so far, no one has done anything but lose on the long energy trade this year brian, back to you. That is very well said, bob pisani, thank withdryou very mu. Guys, lets trade this listen, bob makes excellent points larry mcdonald, a smart guy. Libya. A pipeline you have venezuela, their tanker traffic is down. Everybody whos been going long oil has been burned, burned, burned. Being long oil hold on a second being long oil not all oil stocks, forgive me. Long the oil sector, youre down 25 from the highs. People are underestimating these companies are never better run this isnt aefb, theyre cutting capbacks theyre paying down debt theres very good Balance Sheets eog, i mean, some of the better names that are opportunistic i still think its about positioning and, therefore, i do think its interesting to own energy here. I think people are so far on the other side of the boat. Unsuccessfully in times this year ive said you got to play leftered na ere lef levered names. One thing weve been consistent on, takes your cues, in my opinion, from exxonmobil, a stock that made its alltime high in the middle 20614 were getting toward the end of 17. 70 or was so the low in mid 2015 i still think its probably expensive at close to 20 times forward earnings so, for me, until exxon turns which it hasnt done for two numbers, steve grasso, 44 , 41 , percentaging off 52week highs for marathon these are not small cap wild these are massive corporations down 40 from the recent highs. Right, the problem is the xle is down, was down 12 , now its down 17 when the market goes up, these lag aggressively when the market goes down, they get sold off aggressively. I do think you need crude to be above 5 1 1 2, technically, in order to buy any of these names. I would stay out of them still. Its been a widow maker weve all tried, everybody on the desk talked about, if it can hold here, we have a shot. No one can catch this falling knife. Everybodys tried it seems like, including me many times. I missed out on the financials i tried in exxon, ive been in everything ive been going more for the beta names because of the fact we start to see that turn, those beta names will be the fastest move to the upside. If you go back long term, weve been above 100 bucks twice in the last ten years so maybe theres recency buys look back 30, 40 years the average inflation adjusted price for a barrel of crude oil is 47 a barrel in todays terms. Maybe this is just where oil prices want to live. Well, thats fine, if you think about it, if we were having this conversation 15 years ago, the longterm oil bryce was actually 20 to 22 bucks a barrel, so i think as everyones talked about, even bob pointed this out, people are trying to figure out where the natural place and resting place for oil is a company like exxon down almost 5 in the last week or so, thats a major move for exxon. People wonder, exxons old profitability plateau it continues to fall to the downside, im talking about the stocks, not talking about oil. As they decline, we watch this decline, how many have tried to buy it the problem is, we havent seen a sustained move to the upside thats been more than a couple days atstarted to see some rota into the laggers this one has definitely been the widow maker. As guy said. If youre going to be talking about the big caps guy, if youre going to be if you want to bet, youre sitzing sitting at home, believe oil is going to two go up, you dont buy exxon. You buy as i started out the conversation, thats one of the thing s ive said. I said its been mostly unsuccessful to that this year as levered a name out there which should do very well if you see a spike in crude is basically around a 52week low, so you can try all you want. I think to petes point, though, you havent nothing has indicated theyre turning yet, in my opinion. Its also emphasized by the fact that look at where yields have gone, theyve gone way lower. Exxon, look at also where the dollar has been. Should be very supportive, the oil, should be very support if the dollar, dividend dollar. Thats been the widow maker a lot of people, not you, as oil has come down, exxon, chevron, its great dividend. That dividend is long gone because theyve dropped well past what the yield tsh. Your point, 52week lows today, apache, Whiting Petroleum and a few others the traders are betting on more pain ahead for the beaten down sector. Just heard that . What about on the options side mike joining us from austin to break down the action. Mike, some of the names are based in austin. Youre probably around the men and women that run the companies. In the options market, what kind of bets are we seeing being placed reporter yeah, i think its interesting here the xle, the etf that tracks the Biggest Energy plays on the equity side, weve seen the put open interest double since late january. Weve been seeing a lot of bearish bets september and december, the 62 and 60 strike puts are the ones that have the greatest open interest so basically bets for more pain to come. Look f youre long energy stock, to buy the stocks portfolio, th would probably work. On the crude side, just in the futures, seeing a little bit be the widow maker bullish play here. All right, mike, hey, thanks very much for joining us from texas. For more mike and options action check out the full show every friday at 5 30 p. M. Eastern time 30minute version of fast money , of course, right ahead of that. Still ahead, get this. Adp Ceo Carlos Rodriguez sat down with jim cramer moments ago, they wrapped the interview. You may not believe what he just said was wrong with bill ackmans presentation about his company. Were going to bring you those comments. Plus, our very own guy adami today taking to the wild streets of times square during the eclipses to see how new yorkers were viewing it all po cinpeal very guylike sci rertomg up right after the break. [pony neighing] what . Hey gary. Oh. Whats with the dogsized horse . Im crazy stressed trying to figure out this complex trade so i brought in my comfort pony, warren, to help me deal. Isnt that right warren . Well, you could get support from thinkorswims inapp chat. It lets you chat and share your screen directly with a live person right from the app, so you dont need a comfort pony. Oh, so what about my motivational meerkat . Inapp chat on thinkorswim. Only at td ameritrade. All right back Payment Processing company adp rejecting bill ackmans three board member candidates earlier today. Ceo Carlos Rodriguez told our own jim cramer what ackman got wrong in his presentation about the company, moments ago one of the things that i think was a central thesis to his presentation was our Sales Results were overstated, which as you just mentioned around s. E. C. Disclosure, we kind of take offense to the implication that we are, i guess, playing with numbers or not disclosing information that we should be disclosing basically, he got everything right except for everything. All right. Ackman who owns a more than 8 stake in adp called for rodriguez to be replaced this is an odd play by ackman. Not only the stock has done great, its outperformed its peers. Right. What do you make of this battle so the problem is, he has an uphill battle on ackmans side to, with a stock that has performed well and even by ackmans own words, he says that if this company is run the proper way, within five years its going to be a double. So, i think it would get a lot more eyeballs on the name that has been performing well as of late and ultimately this is a buying opportunity in my opinion. Are you saying that, steve, because youre sort of piggybacking on bill ackman or thing the company no, i thcink it was a buying opportunity for ackman got involved and picked the wrong one to pick on because it had been per stoforming so well. I think this is a gift not to criticize the company, in fact, their multiple i think is high because its been so well run, because, in fact, theyve done everything to squeeze as much profitability out of this company but 27 times, i mean, thats the big issue. I dont its surprising choice not because the companys in bad straits, its in great straits and its in the price. The ceo does not back down. Catch the full interview with jim cramer and the very outspoken adp ceo tonight on mad money. Not going to want to miss that at the top of the 6 00 p. M. Eastern time hour. Moving on. The president will address tonight the nation with a new afghanistan strategy this is one of wall streets biggest names singles him out after a tough week for the commander in chief eamon javers is in d. C. With more reporter hi, brian, i guess you can say fwoegoldman sachs c Lloyd Blankfein was throwing shade, saying wish the moon wasnt the only thing casting a shadow across the country. We got through one, well get through the other, solareclipse yo other, solareclipse2017. Not clear whether thats directed at gary cohn, or the president , himself indicates white house officials here have no comment on that particular tweet another thing theyre not talking all that much about here at the white house is the specifics of what the president s going to announce today and his address to the nation we to know hes speaking at 9 00 p. M. At ft. Myer, virginia, going to talk about the strategy for afghanistan that hes decided on with his aides. We know that at camp david last week on friday, they came to some decisions about how to proceed in afghanistan the president tweeting this last week saying, important day spent at camp david with our very talented generals and military leaders. Many decisions made including on afghanistan. So the president will reveal that decision tonight. Its expected that its going to include some form of troop increase in afghanistan which would be a switch for this president. Take a look at this other fwetw the president put out way back in 2013, gave you a sense of where he was on the afghanistan issue at that time he said we should leave afghanistan immediately, no more wasted lives if we have to go back in, go in hard and quick, rebuild the u. S. First. So, brian, this is a president who very much campaigned as somebody who would bring the boys home, so to speak, somebody who was more of an isolationist in terms of his geopolitical world view tonight well see if that remains the case or if the president decided to two go in different direction. Eamon javers, Lloyd Blankfein might have a wicked sense of humor, month or two ago, it was infrastructure week. The president had all these problems blankfein was in china, comes back, lands, said, just landed back in the states, hows infrastructure week going . Its clear it had not gone well. Reporter hes the master of the subtweet among other things. Youre the master of much eamon javers guy works literally 4 30 a. M. To midnight every single day. Eamon javers all right. Lets trade this, guys i mean, is there a way to trade this i know. Tonight specifically, no,s w the way to trade this, though, since president elect trump went after Lockheed Martin for the f35 cost overruns, what have you, is to be in the defense sector. Regardless of whether or not he talks about defense, increased defense spending, defense stocks specifically Lockheed Martin is where you want to be. Its interesting, guy has been totally right on these names and to me, those valuations, again, defy gravity. I mean, youre out of place here boeing on top of all them, which has really been a cash flow machine over the last couple quarters i think that the trades really are strangely enough in infrastructure, where i dont think we get a whole lot done. I think youve got a lot of just global cyclicality behind all this weve seen whats gone on with copper, seen whats gone on with the housing industry, and by the way, great to see ceos emboldened again the question, it seems like they dont have they sound like their confidence is somewhere where it was about 18 months ago which is not a great place to be. Cash flows in boeing are so extraordinarily strong if youre looking at that versus where the stock is trading rather than the p es right now, those cash flows are unbelievable okay. You like boeing. Okay there you go, a little boeing love. Still ahead literally in case youi were living under a rock, today marked the first coasttocoast Solar Eclipse in nearly a century jane wells in oregon are she witnessed it all. Reporter twitter tells us over 6 million tweets have been tweeted related to the eclipse, but its gone. The aftermath continues. Up next, we have some really cool timelapse video to show you as the country has its sort of woodstock for nerds. When fast money returns. Duncan just protected his family with a 500,000 Life Insurance policy. How much do you think it cost him . 100 a month . 75 . 50 . Actually, duncan got his 500,000 for under 28 a month. Less than 1 a day his secret . Selectquote. In just minutes a selectquote agent will comparison shop nearly a dozen highly rated Life Insurance companies, and give you a choice of your five best rates. Duncans wife cassie got a 750,000 policy for under 21 per month. Give your family the security it needs, at a price you can afford. Since 1985, selectquote has saved over a million families millions of dollars on Life Insurance. They save us from getting lost, getting hungry, and getting tired of places like this. Phones changed everything shouldnt the way pay for them change too . Introducing xfinity mobile. Where you can pay for data by the gig, and share it across all of your lines. No one else lets you do that. See how much you can save when you pay by the gig. Xfinity mobile. Its a new kind of network designed to save you money. Call, visit, or go to xfinitymobile. Com. All right. Welcome back the nation remains in awe over the historic Solar Eclipse that weve all witnessed live or on television for many of us. Jane wells has emerged from the dark in oregon join us for the details. Jane reporter brian, it was really amazing and whats amazing still is how long its takiing for everybody to get out of here. Millions of people flocked to the zone where they could see the total eclipse today across the country. Madris, population of 6,200, saw 100,000 people 20,000 just in this campground traffic is still outrageous. Trying to get out of here. Nobodys complaining so what was all fuss about was it worth it . Were going to show you two time lapse videos, first this one from gopro which we set up during the e clipsclipse becaus gives you a sense of how it was gradually getting darker when all of a sudden it dropped down to pitch blackness at 10 19 and shortly after, two minutes later, wow, the lights came back on now i want to show you a second video, the perspective of what we saw, what i saw again, as i was there watching the eclipse starting at a little after 9 00, then after 10 00, pfs stait was starting to gradually get darker the temperature was dropping boom, at 10 19, darkness, temperature drops, black as night. Everybody waiting. Then about two minutes later, the sun starts to peek out again and its like the light came back on. People were cheering and applauding it was something to think about for once that was positive going on in the country. I think that is one reason why as people are leaving here today, no one is complaining and another reason, you know, they really did i have to give a shoutout to the folks here they did a fabulous job with this this could have been really ugly the portapotty guys, they are not paid enough. They were working overtime and what could have been a disaster was not so, cheers to the often unrewarded overlooked, put down portapotty guys, you have a fan. Back to you. Jane, you just crushed it as usual. I mean, you know, as you know, jane, you come out from time to time, new yorkers arent impressed by a lot of things, so i went out in times square to find out what people thought about this whole, what is it, the Solar Eclipse, right so check out this little tidbit. Hey, its guy. Unless youve been living under a rock, you know that today is the first continental Solar Eclipse since 1918 long time ago. But you know what the next ones going to be in 2045, so we came out to times square to ask people what the worlds going to look like 28 years from now. Check it out what will the world look like in 2045 i think it will be polluted it will be run down. I honestly believe its going to look like flying cars and the jetson age is going to come to place. Kurt russell in escape from new york. Co alienation. Planes, ubers that pick you up. You can hope for a bills championship for sure, maybe one or two. What will Morgan Brennan be doing in the year 2045 working for cnbc, naturally. Will fast money be here in 254 2045. It will be, you wont. Ouch. Thats hurtful where are you . Over here you really cannot see. Lets get to stocks. Next eclipse, 2024, april 8th. I already requested the day off. No one else is getting it. Stocks for the next 28 hours, Pete Najarian . Look at the camera. Where is it ill continue to own it, likely, unless something major changes, apple i love the company they continue to innovate, go the right direction. Augmented reality will be the next step. Listen to gene munster hes right. These glasses, its tim seyless. Brian, goog the is the one that sticks around a company that has their operating at margins up to almost as high as theyve ever been multiple billiondollar businesses within the company were going to hear about over the next 20 years. Unless the internet is a fad. Steve grasso look at alibaba i dont know about the next 28 years, the next 2 to 8 years alibaba is following in amazons footsteps. Alibaba. Guy one of the greatest companies domiciled down by me, honeywell, doing everything right, three, four, Major Business components. Theyre not basically theyre not hostage to anyones specific business so honeywell, 25 years from now, i think will be significantly nt,urin t upex o falrade what did you have in mind . I dont know. 4. 95 per trade . Uhhh and i was wondering if your brokerage offers some sort of guarantee . Guarantee . Where we can get our fees and commissions back if were not happy. So can you offer me what schwab is offering . Whats with all the questions . Ask your broker if theyre offering 4. 95 online equity trades and a satisfaction guarantee. If you dont like their answer, ask again at schwab. Whuuuuuat . Rta mortgage offer from the bank today. You never just get one offer. Go to lendingtree. Com and shop multiple loan offers for free free . Yeah. Could save thousands. You should probably buy me dinner. No. Go to lendingtree. Com for a new home loan or refinance. Receive up to five free offers and choose the loan thats right for you. Our average customer could lower their monthly bills by over three hundred dollars. Go to lendingtree. Com right now