match a strain responsibib for at least 22 illnesesse "fast ney" with melissa lee e starts now. from the sdaq market si in new yorork ci's timim square, this is "fast t momone" i'm melissssa e.e. these arar the fast money adader stay tuned. moments from now, we will hahave specialnterview with warren buffff f frosun valley, idido. wel see if hesees aececd stimulusus iththe rds, plus 'l'll t his trades. goldman sasach leadinghehe whol rket gher. cocod d th king of w walststre e thee w winng trade for t theeced half? this is ononlyhehe5th t tim wee moved under fivee points onon t dow since octotor r 200007. we b basalally finisish e e da unchanged. but you lookatat that smalall mbmberou stau a b big move in shares of goldmamasasach >> it pulled b bkk to 13 you got t th move yyteterd. obviously got the upgrade toda. i don't like c chang goldman

here, althoughh i i'l say ts. 870 islelely -- s&p iss the proxy, not ththe w.w. i would haveve leded t see it ade a little bit higher thanan d did that's okaka tomorrow is your telell. you have eaeaki news.. but ioo like goldman. >> breaking news ithth cononte of this c cldld bthe next inin the mamarks s arwatching. of course, we'r're just getetti der way with earnrnin s sson buwewe do have press release out with "t newshohour from jim leleer" he w wilbe hososngng one-hohour f for at the federal reseservbabankf kansas city with the fededer r rerve chairman ben rnanke. >> that's tnsparency. >that's tremendousus trsparency that we have nevever seen before perhrhap b buthould we s s t thisort of transnspancy in aarket like this and in an economomlilike this? > ihihinkot actually. i i n't think 's's his job to be out there answeriri -- >> what isis h going to have t answerer iththquestion? >> the s stilus plan. everyonene wtsts tknow if wee needed aececd stimulus plan. >> understandingng t fed's acaconons d how they transactis a a grt t idea.

think it's exactltlwhwhate said he was s gog g do when he cameme ioooffice and he's done a gogoodob. to getet o there in f fnt oththe mob and ee pitch forks is not what he's supposededo o do 's's n supposed to awewe questionons omom tse people. > igree with that entirely. he's n nothehe message livererer, he's the popocycy crafter, i i ink. >>isis this another reasonnoo stay on thth sidelines untilil s ththin is over? o o kns what will be asked a a answered and how ittwill be sbp p rerted. >> i think thehe timing bernanke talalki to the market is wrongene, but i do thinkktot gogo bk to the market itself, i ininit's important. yo h hdd the gains omom late yesterday. that's important. tomorrow, 10:00, yoyou g g consumum c condence from michigigan it's been r rining over the ltt ur months. mewhat of a a surprisise t to af us.. t's see if it risesgagainand you cocod d build, as guy saidid 870 0 isheheogey. ok at the rkrket the market tlslsou what thth'r're ing. ririghnonothe market is tliling you, this point of rererce is down below buy aiai >> i agrgreeith yoyou. i think the d dat coming throug

is prettyygood.. thisisorning we hadoboble claims w wchch w a bit of head keke there werere ssosonaty thatadade them l loolili the best n numrs ncnce january. continuiuinglalas is the real nunumb. auto sales are up 48%. throughout thehe malaland resoururs s spe again along with a weaker dollar, that wawathth ory today. was it s sprprisg based on the aututo s sal f frochina tha alcoa wasot able t to ldldn to its gains? >o.o. because they'r're tt thatxposed there. they're obviously y exsese to te aluminum trtre. but ty told us in yesterdayay call, they were momorenvnvved in a bobott-l-linimprovement than a top-line i impvevent. > b i in e sense that al alumininums s f finee marketan if mores bouough a and sold eve in c cna that w wou ltririce overalall? >> i think thecoa trara w was whwhatt t s. if you lk at everybody else inin ththespace, the eel companieses did ray.y. they are g gtiting thatted by fm china and d y,, i do t thi that

aluminum is a kekey rtrt othe auto t tdede. t t weaid yesterday aluminum ininveories are very hihi. . >> lo a at pper today. cocopp was upp 66 eeee port mcmororanhat turned d arnd as well. i'm not g goi to buy alalinum. i'i'm going to buy the cocoerer trade. >> goldman s shs the reason why the financials w we e mong higher. esesntially saying at goldmdman could top itsecord level of trtrining venue set for 2007 thth ear. that speaks to whwhatinind of trading envnvirmeme this ha been for the bt in brdsds who can prprererly manage theirisis and ththrr aetets. >> well, agagai now y're looking fafar trade, and we tot the other day w whe jpmorgan was bebelo2, nonow' not the t tim t bebehorting iit. nos the time to becovering. closed a at 3360, up 2.8%. w w if youou'r looking for a short ideaea,ndnd doi thinknk t nancials set up on the e orort side, look forpmorgan to trade

beeeeen 34.50 and 35.5. eaeasy short witith ststopbove 35.2.2 i think you're stt of late in goldman sachs now.w. 14 1 146 >> a g as hot a a megan fox is, i don't know rightht now if i wt to play ththe ss from the shoro side. enen y look attgoldman sachs. th'r're lking about potentially 6 6 biion in tradining vevee 2009, eclipses 2007 when ty had that r rord yeyearf f $25 blion. the only thingtanding in youou way ofof n b buygggoldman sachc anand rgan stanley is t one-off they're gog to take with the t.a.r.p. a and havingo ma u utheiaiabities because the credit rkrks have improved. t longer term,thth's just a shshortete negative. if you do o ee a dramamat bumpp inintrading renue, you havetot go withhgoldman achs and morgan anany higher. >> gogoldnn reports ontuesday, is thathey're not as heavilyy shorteteasas ty were in the first quarter..

i don't ththk k yoget the same kiki of an impact. i don't think you get t thsasa ndnd oshort coverinin rarall i would be e le c ccerned a abo being shoror fancials here if the fdadameal storyis not thther i think goldman, you can feelel like a lo of goodewews is iced in here. you can be less concerned abtt a shorttququee in fananals in this reporting peperi, , fferent th the firstst quarter. >> i think a lot o of these financials a a underorown a a ese levels r rhtht now. and that's important. >erhaps the oracle ofofmamaha will have somemethg g say about the financials.s. american express, wells fafarg among them. alalrey he has commemeeded abou coumumer sales likikbeberkire hathaway c comnini being very, very soft. those are hiss words. wewe wl bringououhe full interview comingg up later on i the prram. moving on n no next tre.e. tataf f e tape, oil up over 0 at one poioint whwh's's t best way to trade ththis >> the tngng tt's interesting me, we s staededesterday talking about itit on the show

yestererda t theoih, h hea oi eleld services name coinued to dodoucuch better t tod enwhwhen oil was dodo a at parts of the y. i know i i closed upslightly.. and toe it's ve interesesti that you have e lolotf this rhetoric comomin o of the obama adadmiststraon about t tryg to hedge speculalaonon in the commodities marartsts, in particular the o oilrket. ouout any other admiminirarati i would d y y yoknow what, thih is going to blowow or,r, fget about t .. t thend of the day they're not going to doything. is admininisatatn, tthoh,h,as own they are differeren and some of t the things that ty prososto do actualllly ee ttttindone. i anan you see, , yoknkn, gmgm s inin bankruptcy,hrysler is banknkrucycy the way ththeyee done it isind of steteamolollea lot of things. th c cou happen here. whwhe do you go if you wanan t spspulate in oil? you've g g tot go to the equities or r heher places arou the wwor.. bubui i thk what's's happening the ih is reflection of meyey going inin t the eitits because they're aaid to be in th futures. >> exactltly. s strgely enough, you knoww -- sorry. >>t t e same time, are we aa littleleitit t early phaha for is trade??

and yes, the adadmiststraon has jumped on a lot of things an s,s, g is coming ououtf f th bankruptcycy, tt doesn't th speak k t the bankruptcy stete or t theouourt as opposed too ngngre? congressssasas tget in d allow them -- i i tnk very q qcklyigress totohehe adniniration. jujustamammi down the p pla the ntnto jam owown. esesn'matter about banankrtctc la doesn't matter about t priority rights. who has absolute priority.. none of thateems to matter,oo that's a verery ffffert thing frfr t thedministration that 've seen. soso t therere doing things we never se bore. and thatat cldld happen hher however, i think thahat loloihi nas s arjust inexpensive anyway. >> a andhahas another r reann w toto t? agreed. >> diaiamo offshohoss pays a special dividendndomominup in july. ey're paying 4% to 6%6% aeaear. at the same time they y hee e be beat up. 's's areat place toetet in. a 25% move.e. i happen to think k ththhe usos and the place thth retail gugu

have gotten involvlvedlalang the ctor are going to bebe afaffeed except for t residual part,t,f f yo remove speck lay rsrs, that llll chane ththat but uso and ngng realllly he no been tracking t st price of oioil ddgas. so ywyway i think itit's going o a mud response. i i ink if you lookokatat gas today, that wawas the place to excited about, strtranlyly enou, because nat gas inventotoriame inin ls barish thanxpected on ththe.o.e. numbers todaday. chesapeake, devon, these weree the names t to nn today. >> if y y think k ouout e people most i impteteon the limitations by owning futureres w wld be hehedgs, speculatorors,t t cete. wod they goonto equities whwhicdodon'have as much moment for them? >>omomof these ysys a designatat c comdity funds. sosofrankly, i i d't'tnow if thy could get intnt eitits if they wanted to. itit'sll about the trade. look at schlumbergeger. $6 3 l les than a m mth ago. atat $ t tod.

>> s sor i've gotbrbrea out here and d goo o e breakakinews desksk. >> this is unbelievavae,e, melissa. lien to th. cicidedel augug hedgege fund in chicago, thehey ee suiuing a compmpan called ta.a. they hired the goldman sachchs programmer thahat ttusted by e feds over the weekenend. also in thee suit, thrhr f forr imployees ofof cadad. they accccus those three guys s hiring t tt t programmer, getti together andorormi a company that would c comtegagain citadedel perhaps steal prress pry tear trading secrets and citadel's proprietary y co.. they're suing thososehrhree individuals. this story is j jtt getting bigger a andbigger. as soon as weetet more tatail wewes l bring them toyou. keep us posted. >ththeye both pretty high-powered ouits. wowod be running for cer, guys. >> they've g got a anice legal ststaf i i sure. memeor the s secr trade.

retail sales were do.. te consecutitimonths. one wawastarget. we got cece results o out of the diououers ereral t t tolame the weatheher, it ws ththsecond coolest june o on record. > a raray.y. >> and also unemplplmement >> rrrrle, ererrie. t t firstororst june economy we've had d in amillennium. so, you knknow there you go. >> not a g goo t te to be a specialty retailer. >> butthere are so -- papament storeses, for ininanane jcpenney hasas aayaybeen a favori vorite. ththatececlid today byby a abo . is there a an popounity? >> i i sllll tnk they're exexpeive. amberomkr ambeberoromb and fitch, the numbers are terrible.. >ououe got to stay away fror these. >> thahawawas e "word on the street." re's what's coming up nextxt o the program.

ourur country's compupute infrastructure i iununde aaack. wharare thesese murky cycybeererrosts and which stocks are ststringngack force? and put on your lab coats, , ast money." amgen up10% this ekek e e ne breakout f fmmhe top analyst in t theieield plus, ourr be play head into momoow. drum roll, pleleas

julie jujust concluded an interview with the o orae e of oma omomah o oer wise known as rren buffet. hehe d comment on the neeeedfora secocondtitimus plan. julia? t tt's right, melissss did geaa chanceceoo catch u up wh warren buffet.. he said the consusumeisis still very, , ryry st. he said we're e inheheiddle of a moe e th started in september ananhe's not sure how longng ts vie is and when it'soing to end.d. he did say the stimumulupapacke was not t ouough the imulus was neverer degnedo act fast. hoped itit would startrickling

inin and d in neral, i think -- i believed in the stimulusndnd would prprabablyelieve in ananotr r one, but they maybe e overrated the terms of ththei ability to endnd a r recsion fa. >> but if y youe a advating another r on a a they overrate? >> i think thehey' useful,ut ii think anybody who lookokatat tm as a pananacis makakinaa stake. but theyey'r useful, t there useful. >> whato you think should be e done now? dodo y t thi there should be another stimulus right n now >> think there probablyy suld , b b i wouldn't expect miracles o o o of it. >> but so little of the $80000 biioiostimulusas already been spt.t. shououldee waitnd see until more of that moneyey is t there? well, if yououadad ather one, u try to ld as lit on the ririmas tree as possible for specific cononstueuentpips t t esident said that originally, let's go with ththeshovov-r-rea projects and congress s goininto the act t dd watered i down some. so the stimulus -- or a stulul, multiple imimul is t a panacea, what is aa

solution?? >> there is no silver r buetet i mean, thth -- t the original causeff this was t t hohoining bubule. now a a loofof things were contributing to it a and flowed ouout it and all of that.. we built a couple m milon using units a yyr. we f ford 1.3 millionn househes a year. surprise, wewe h t tooany houses at a ppnt.. yoyou n'n't rk that off ayay or a week or a m mon.. thest thinggwewe can do is not be building aotot of new usus w. we will l rkrk offhehe eess inentoinine ininveory. you nene t to nothing to encourage morehohous b bei ilil >> whahat es that mean in terms of interest rates? >> you want sfwres rates.. the more affordable houses e e -- people have t to ve a job, oo. people quauali for owngng housing of a a given typehahat wodn't other wise, but still l veve t manyouses. anand e e on way to dodohahat -

we can eieithorm more householdsds, t t al the 14-year-olds to s srtrt liing togegeth w whi they would prprobly like, or blow up bubuhh of houses which i i d't think k y y ofs would li, or we can momore tn thehousehold formation ananwewe wl use up the inventory and get baba t to vibrant economomy. > we'e'regoing to have morero rren buffet ming up onn cnbc reports and also i in the next hour on kudlow, he talked morore about t tatatioand alsobout the hehethth ce crisis andndhat he tnks needs to beonone about that. melissa, weedidid get one reall fufu fact about warrerebubuff ad one of thehe oererot ceo. the they have o vy important ththinin common. n n u guess what iis? they b bh h arfrom nebraska. >> wow. >> did you g to asksk m buffetet where he s seealue in the market t the days? >> h he s say the m mart t hano turnededrorounyet and i asked him ife does see an upswing.

buffet has tkeked a lot t ov time about b buyg g inimes like esese. he says we have e nosese the ttttomnd he's t tald to the vavaris s ceceos herend he sees the senen is things are bad. he does belieie the economyilil rerevever er time but nust yet. >> it'sinteresting to hrr his mment on a sononstimulus pl.. mostconomists are against a second stimumuluplan. the. >> what are you z zong in on? zoning in onon g getng peleleo spd, which will stimulatete t economy, o or e e yocrcreang a imimus package to actually employ pepeop? think about thisis inerms of spending. you have $100hahatyou used to be ablele to access very easy for discretionary purchase, that being credit and i tell yoyou y can't haveve ttt $10100 anymore but i'm going t give you mey ovoverhere. u're going to take t thamoney atat t government is vivi you anand y youe not gogogg t spend d .

ththe real problem is the availalabityty o ocrcred has be cut t of >> maybe china-like stimumuss plan w whe people can actually y things like cars and pliances. > o employ y peleleop i thin w was saying t the first smulus billllasas orly watered down. heheaid it was like taking hala a viagra pill mixed with a bunch of candy.. we reallllydidn't tt the right doge, or somebodyididn' get the rightdodosa of w wtever pill they're looooki f forthe economomspspecically. that's's why theefeferce forthte second s smulus is my reads tween the lines. we h henen'tvenototn through e fit, how cayoyoask f for a send unless you know this one was flawed.. >nd whahat i think was excecellt t said the gerernmt is not gog end the ressssioand that's true. >> we all knene that, didn'tt w? >> he e di't't s anything. talked forwo minutes and he didn't say a damn thing. anyone else wawas talking i i ulul't have been on air.r.

th's me. >> w wl,l, iould have to disagree. hehe d talk alot about his thghts on xation. wewel l belaying more on thatn thnext couple of hours. but hehe firmly bieves taxes need to be higher. d to say that li here at a conference wherereheherere llionaires walking aroroun he doesn't wantt to have to o y more taxes buthihier taxes are gogointo be a key part in fixing the economy. heays you can't have a $2 trillion in taxes coming in when we are spending $$4. ililli. >>ust to put thisn context t for us. you've been lklkinto aotot of big players ouout tre, what are they saying a abo a second stimulus plan? st sort of a gae of whhe leaders fromomororpote america wawantrorothe administration. >> i haven't b bnn tkiki to a bunch of peoeoee about a seseco imimul plan. i i thk people are concerned that thecocono hasn't s staed to rececerer yet. yesterday there was a big pane t theconomic downturn and ww coanies should beananing it. it seeee like opop still believe the economom isn't in a

downturn and based on eryryon veve bn talking to it will ststt t toecover in 2010.. it sms like people hopepefuyy it will recocor r inime but there e arvavaous thoughts on whher another stimulus w wl l be key to getting u usthere. >> got itit julilia. thanks s so chchor your poportg. the othehepapartof julia's ininteieiewill be airing on nbc reports" tonight a a8:8:00 on cnbc. let's head to our desksk. the spotlight ninigh insnsid rereelelli nascar. an ogiginacnbc documentary. guy amami starts off with s scks that are tradingng vehiclele >> we're in the best t trang rkrk in my lifetetee the ne f fr or five lifetimes. intete f forxample, we talked baba on june . ththststoc tradededp to $13131 n

92 millionshshes. remembmberwewe talked about int at that point ththat s sck was trading atat a 20 tee forward multiple. we said listen, ni run,ucuch too much. jmp securities upgradede tt t da stha erratate to the dance. we talked about it probababl puing back to 15 3/4. guesess wt? 158 the low yesterday. ororac, very similar.r. the stock traded up p 2 21.. 0 0 llion shares s inoracle.. they just r rorted enining the y before. said take money off the table. nonot atate didn't l likororac. we said d isis ia great opportunity, especialllly t the tape is going to correrecto ge this stock around 19.50 oror 0. lo andndbehold,, w pull backk ststery. doesn't matter what a anyf f these uys, liticians. who cares. it's's a a aut trading the stocks in front of you. tornado traid the rkrket y you have, not the ononththatou want. >> shahake and bake. >> and beususof thatvolati volatilityandptions

rategies, the najajarnn boys would be a all over ththis toto ththiss s a time to use volatily to your r adntntag >> and takaka a lo at potatash he was talking a autut ilast week. tash a great t tdiding vehicle. looks like it's's fndnd bottom. gogo i b buy the july $90 ps for about 1 $1.5.50 d d tre this ining om the long siside i i ke some goinghome toghgh potash, , keke a lookatat ththat >>here you have some tradingng vehicles. do not miss ththe ememieof inside track,refuelling the buness of nascar." it p preerertonight. it should bebe a fine documenta right here on cncnbc time now w foa a ctor tradad biotech h hehehehing up aer amgen rerepoeded positivereresu. where shshldldou place youour bebets joining us, mike schchoeauaum.

>> what driviv v val in biotech isis iasion. and theyey h a aig drug hit a few d day ago. they beat it out othe papa.. it was an out of thehearark hom run tthe ononof the biggest successss sry wes eve seen i ibibioth. thststoc is probably going to get stuck in a range n now right t no wouldn't be grgrsively buying it but longg term we think it'sone of the bebesttsts. >> if you owntt all right, would you loek in profits and sbsbl sbr at a anoer date. >> m may t tm a litittlbibit. just take a a ctctorlap. > what type of revenunu a aru goining s s from that drug? >> the dgg theyyeaeat does .5.5 billioion ghght now. the fact thathey beatat them anan ds.5.5 billion. 're talking over $2 bibilln.n. >> you sayay t pie grorows

they take how w mu o of at from nonortrtis >> probably 770% othe market. ththat the cancer pie. e other half of the pipiarare women with osteoeoposisi that's the da set atat we saw la year. ththat the second parallel t tck from this drug. that's also anotheher $$1 biio in a addioion the b blion we'r're t talng about for cance. qq-1 the earningsgs w n noto hot. we s ses. q-2, are we going toeeee a stababilatatio >> yourtataken q-1 is aurate. we thoughtht ts s waa defensive sesect. we thought t thecocomy didn't maerer. it t tur out the economy mattete even sicick opopleometimes don't ta their drugs when they losose their insurance.e. atat part o of it. another part was invenento m me. that usuallycomes ck.. i i inink 're going to see s so ofof ttt come backkn q-2. we think it's goingng tbebe roughly y ininine quarter.

>> thanks fofobebeinus. > many vevests have been nning to emerging mamarks,s, bt haththe ade gotten too hot, too fast? what's yrr basic thehesi emerging marketstsrere a little dadangououat this point? >hahat'correct. wehihink emerging markeketsrere dangerous s he.. they've had a aminin run. the prpree action in c cmomodi, in phicics, over the st couple of week, we've sn pretty intenense s sling across commodities, rude, natural gaga, lumber, grains. ananit accentutuat over the lala several dpaps hiororicly, emerging markets dd cmodities arartitiedtogether. we think t thiis a veve dangererousisi for the emerging rkrk trade. >> if they'y' closely titi, how do you play that? uh i assume there'e's relative vae tradede heresomewhere. o oth words, d do u like bebeg g sht e.m. a agastst commmmititie because commodities wiwillt t least ououtpform? atat the call here? i owow y believe the

longer-termmstory on e.m. that's's very goconomic story right now.. hehe you talking technicalals. >> yes. yoyou ow, i think there's two ways to play i the firsrst uu mentioned i is t spad. that's'shahat m doing. i think this chahasm between th ice of physical and theprpre ofhahareis unsustainable. let's talkrazil spefktkticlyly. brazil is ththwoworls biggest t exrtrt of soybean and becoming major exporter of crurude yet ewzasas held inelelately well. we do not think thatat bacacis sustaiainae e beeen those two or threemamaets. we're e bungng physicals,s, yin ings like db u, xle and sellllg g th s shas s ke eem an ewz. and t thass the s sprdd trade we're looking for. there's a simpler way to play t which is simimy y sht brazil. believe thecommodity p pris are leadad ind kay forpsps brazs going g h hav a tough time goig foarar look, ewzz has almomostououed of of t the ely march lows.

itit'sery lofty at these leveve. >> i would point o outhahai lolk at the move in crude andnde'e'r off f 14% hehe? if you look at brazililitit's o 8% o or at this point. and i look to things like capacity u ulilizaon. i i lo t to moody's upgrade just about t toapappehere. ii knonopepeop probably know me as thehe eternal bulln m. i agree ththatececicals have to bebe rlly cautitiou it is a commododittrtradbut i think we've pulled bacack lolo i'mtarting toooook at reentry leveve.. another street is very bubuisis on e.m. everyone is aaulull an china an brazil. bubut ththinthat's a a ason to be cautiouous. i think the e.m. w wldld sll needs the e amicic consumer to bebe t growth eeinine. bunumber two, what's happenining in commodities t tel m me 's ve dangerous. i would d sabebein longg ewz r the run n it's had, i think i would rather have a brbr zilian wax than orarazian shares

ghght re. it's spot,t, ielelve. >> on n th n not steve.e. >> there's a lot to dedeba, , agree withth y.. i think the e could believedecos over. >> timee w for our "fast money" poll of the day.y. ththwhwhithouse is set too me e decision s soo should bebeanankee repointed? a,a,eses. b, no. log ontoto fastmoney@y@bcbc.c ad cacastour vote and lets know what you think. whatat making this group of roer date scathingg digital bies do black flips? rerenfinerman's stotock o of e daday m mig havee you doing bac ips. wlolo at the stocks lightiti u up screenscross wall reet today. fofound d the late '90s as the first company to havavviviews to have contrtrolvevetheir tv

wahihingnd their time, this company has recentlyly bnnem pll l roiled in lel battle oefrs itsts patentedftware. >> they have a ve-year case going back andnd orth, back and fofoh.h. now they're backckonon the fort sidede oththishing. >> t tayay t stock was on asas foard" as shares rose after a partnership p wi b bt buy. who o ist?t? the answer whehe"f"fasmoney" returnrns. oof!

i pepe hhas that insurance. aflac! oof! you rereal n nd it these days. how comeme well if you'rereururt d can't youwork it pays youou ch.h.ys. yeah to hehelpitith everyda. ..nd groceries. yeit's like insurancncer da. soso..hahas it called? aflaaac!!!!!h aflac. we've gogoyoyou der our wing. y yea that's it! a-a-a-afaflac!

on t thereredare dar night, tivo wa among the mostt active name today.y. here's what'soming up on ththe cond half of the progrgr.. hackcks s ar taking on targets ke the new york stock k chchan and thesosoh korean governmement but there are cocoananieout there comimingo o e rescscue a eyey cld be your next trade.e. plplusvivi las vegas.. whwhy e beaten downwncasino stocks move seenheir luck tu arouou today. and we also w wt to recap you on the warren buffet iintvivi that aired right here on "f"fas mone" just moments ago.. he did say e eenentily in order to improve t thecocomy, to fix , , yove got to slow down nene home tale saels.

alal, , a cond stimulus plan y,y,n fact, be needed. we were talkiking aut e notion of slowing down home s sal.. they were floating a arodd the idideaf just paying home builders to ststopbuildiding > i s surthere's some reason they're not, but they shshou a a least thinink ouout . >>kay. here's what you realal w wanto know aboutut alelet at this int. we'l'l coinue theiscussion about home builders latereron. whwhats the stock ofhe day? >he stock of the day isis target. i tutual like target. i dn't playedt til verery recently. bought it as recently asas tayay same-store s sal n numrs were nonospectacular att all. down 6 6.2 however, they y diguguidto the hihi e een of therange. ththeyeaeall didn't needed tdod that, but that shows cononfincnc in howhehe qrtrt is go and they showed margin irovements, pepensimprovements. a cocolele weeksgo, they anunund very modesest eded

card prprovents. theagagnide is not greatutut the e dictctiois a good t thi. the e stk k aked this year ywyw at about $46 or so. the valuatioioi i thk here is very attractive, p ps i l lik thatalal space. i i li w walrt as wewe.. i have b bot w w waart and target. i is thek-k-fi clan going to bebe dng their school shopping there? >> whateverr hes.s. i'll tchn. >> i w wldld le to see that. >> true capitalist herere. me for "pops and dropsps ulax down 8x down 8 8%ex down 8. >> the amatateububuyewalked awaw.. >> pop hereoror netflix. i think they're trying to take over the movie renting bubusiss, the entire business self. sony, adadd atato the ststf devices s yocacan w down load tflix movies on. up 33%thth yeyear

i still can't t ining self to bubuy . . > mck down 4%. > dngngde, concerns over aa olesterol drug. t the other day when it trtrad up to $2 we saiai it h had trououbl rere htorically, look r r pullback. yogegeerng it. 26.50 is where you getet bk k . >> auto salele t theig catalyst. chinina x,x,hina momobi,,hese are the big h hg kong tradeded names in inin ththinpart of the china t tdede is very crowded.d. if they stop lelendg,g,e careful here. e evebody wants to live nger, right? ieientts have come across a new drug theyy say can extenend life span upup tteten ars. researchererinin eter island in e e soh pacific have tested thth b bacrial product fouound soil sampleses o mice and fouou the drugug extendndththeilife u to 14%4%. >> extends the drugs life e t e people testing t drug? >> another mice. >> oh, okay. alall ghgh >> i i wldld igine just lilingn

on easter island extendnds your fe for ten years. >> mice have no stress. >> western union was upup 6%. karen? >> they got ann urade to ouerform from credit suiuie.e. ving high, but not unattra unattractively s so. >> jpmororgaupup. >> reports july 16.. i i thk k u want to hold on til then. e e stk took off after that. i think you'u' g goi to see some poposiveve numbers from jpmomor. > we have a top for dynagy. > t thi has becomeme a an op. 's a $2 stock.gy. >>hihis s become a an option.. it's a $2 stock.egy. >> this has become a a aopopti. it's a $ $ststoc >> and a pop from m msesey ergy. >> they mama s sulr coal. e stock went from 26 to 17. ththiss a bounce. ththiss s t a long trade. >> a a i in e long tradition of

funny animal stories. we have a p for drunk badger. drivivs s in a town in germany und their morning compmputtotook a little lononr r th expected day after a baerer wasassed d out inin t m mdle of the road. apparently the animal hadd eate tomamanyermented cherrchererri, little bitit unun lilice evtually removed that snooping badger. no harm was ddon hopefully the badgdgeroror t ondom comomgg vevecles.. >>heherere a bunch of those in equipmenthymes square right now. >> a p p there. > > cong up exex do you remember the good olol dsshen ththe bigigstst threat on the was s poupup sm? hahaerers ve tried to take down the nenew rkrktock ehange and the south keaea gogovement. butt fearr notot, c comnies are coming to theerescue.e. we havave ay to trade them. ay tuned.

i get the questition "does it work?" all ththe meme, and yoyou owowhat, it works. nutrisystem m fomemen: flexexib n newrograms personalized toeeeet ur goals. whwhat g gre about nutrisystem isis y eat the foods you love and you loseseeieigh m m damarino. i lost 22 pounds n nrisystem fofor lilimid time, get an extrara teeeeeeks of meals freree! th's right, you can get an extra 21 breaeaasasts lunches, nners, desserts, d d snks. that's 105 meals freree! i mean, i lost 22 pounundsmy go, i had awesome resesul.. it c ce e offast, and the food wasas gatat it's what eveverguguy' been waiting foror it's healthy w weit t lo and it's flexiblbl you'u'llavavhundreds over otr r weht-loss programs.

order now and get an extxtra three weeks of fantaststiceaeals that's's rhtht105 meals absosolulyly fe. callll oclclicnow. guguysyoyou n do this. just pick up the phone anancall. yoyou llllose weight.

oh, how ee mighty haveve fafall. we'v'vseseenhatmany, many times this year. even a to 1 reverse stock split couldldn'sasa aig. since its split last week, aig has fallenn 5050including a 25% op today alone. ananofof crse, weidid have ttt note todod o outf citi s saygg

essentially it h has a 70% cha going to n nhing, which would very bad news for t americanan xpayer gin the u.u.. government has giviv aig $85 biion. >> apparently they have moree exposure to banks theyroro $9$0 billion. th w we heavily at rk. th mismanaged howowthth disclolod d wh theirisissu were. this is nenewenene than we had hahad. >> and the o oy y wathey pay backck t money by selling baback assets. on they sell it all off, what's left? ththe gn on the building whihi you auction off oebebay ththat n notoioi to be worth anything. . >> probably worth h mo t tn the stocock l lea. >> cyberthreatss dodomititinghe headlilis s th week. nyse.com deny afafteoooon attac sterday and t tay's assault on soututh rere websites. ererare digital security companies rushing totohehe rcue.

alalexgogoodo see yougaga. >> thanknk y f for having e.e. >> t the thing abobout these ty of mpmpies ismost of the vevenu come to government spending. lilitellllwould we need to s see an act of congrere n noror these companies to see an increasesen revenues frorom e e gornment? > itit a big pupushigig now. we're talking a autut bgets of hundreredsf f llions thahat e e going to be movining up to billions andnd hdrdredof billioio o of llars. the threat is t trere ery dayay. thpepenton alone is g age tacked hdrdrs to thousands of mes a day. l likto look for pureplays, companies ththatavave od balanan sheets o or a a market ader ps 7. w whi names? >caciciasas the bestt cash. sasi is another onone. these are e ocockse think are going t to benenitit going forw >> what is ththe memeine going forward? whwh will we gett a sense w whe these bgege will be crcread d d wiin theudgets whether more will b be allllocededo cyber sesecutyty? >> great queueioion.

when you havetocks that have e federal g govnment as a cucuster, my pushback toto thats lolo, , i ow the government p ps when thehey ntnt, t they always pa so as far as i'm cceceed they're the best customer. i think these are e long-termm trdsds these ststoc o oan historical multiple basis a areepepss and i ththin there's roooomformargin expansnsioasashe money comes in i inink ere's room for margin n expansion as the moneyey cesesnd i i thk k the's room for margin expansion as the money c com i i >> what gives you u coididce they're going to incncree e th area? >> they have to.o. prprident obama is talkikingbobt cyber ar. there's initiative e gog g where ththe enendi is increaeangng. we canan'tivivyou broo what the nunumbs are. a lot of this is classified. bubut e e reat is there. is is a threat t tt't'sore rerealhaha globalarar on terror, weapons of masasdedestction. you coululd we e oufinancial systemems. you could wipe outut the pentag d d eal trade secrets. wewe d don kw cecearily when e e moy will be spent but itit will be spent. >> are u.s. companies getetti

these types ofof- - >> there are interernaonon companieies t t i ke to f flolo ones that are pupurelala. ththe es that already do it,t, mean, you can look at namam i i know that have b beetataed ababt,t, the realitity ese guys reread do this and they do high-end data mining. they determine trendnds. dd they secure systems.s. that's what we want toto binin >> alex, thank youou f y yr time. >> call it t the haover effect.. peperhs itit no coincidencece tt gambling revevens s ha made a comeback i in nnitity,ust as this bad boy comedy ens $200 million atat e box office and ththstocks are moving, too.. we'll go trading aftft dark for your vegas bets s ne..

welcome acack. we are live atat w w rk city times square.. ti n n to ananerer some of your fa messages. guy, you're spot on abouout the selloff and i i thghght u were totonenegave. blblactoto fell belowwitits 20200-yy moving average. was that theheototto >> hello, harrrry. i was surprised. blblkstone has come f.f. ii didn't think you wououldeeee

mo of that gnitude. 's become a trading g veclcl like everyrythg g else. if the s&p&p fl l below 870, yo could probably g get l lotf things.. 870s&s&is your bogey. >>hahankfor riding harry in longwood. alalso fast message from e ed in danvnvil, , california.. what should do witith citigroup ststoc bull, hold or buy more?? >> cibank is ting to operarate wi aleast one arm tied behind their back.. if you want t to nn this space for r a boboun go withh bank of america or jpmorgrg.. they'r're inintoto ba better rere py and they don't hahave quite the sameme bgagages citi haharirighnow. is there a sign ththathehe

casino namesesrere srting to turn a arod?d? good to see you. > grereato o beere, melissa. ananyou. >> w whas s thtrade here? >>t't's out tes ining ss bad ririttowow qte obviously. th ire not about t to t a lolo better when it's08 degrees in las vegas. knknowhey do gaming o outdede f l will have, but ifif uu fococun that,eoeopl don't goo to vegas in the s smemer. but seeing a tururnaununin the summer would be strangng yoyove got sandnds, wynn, m,m, that's what we saw brbrgiging investors in.. anxtxtradinary amount of volume on the institutiononal se all l ttttin on theththir marke ich again is either darkk pools or people ting to hide their fofootepeps,hich i like to sese luckily our compututs s trk that as well.l. d d would say that as good as those playays yy be,some of the

ststng playeye i in the space a s,s, a comompahat basicalal suppppli the casino gaming chchin as well as video o lottery. dedeo t vi going to be huge.e. 's's gog to be bigger because states,,cities,, a g govnmental agency thatants money rightht now is looking at video o loere as one of thth ways to h hp babalae budgets that are so ressed right now. so wms, ifyou take a look at the chart, itit's doubled off t march bottom. 's back over $30 a sharare. i ve it at ththisevev. i think k itraradeclose to 40 by yeararndnd. i would alalso s bally's, bbyi would be a anoerer o to keep urur e on. i don't like itit as much as wm. and there's igt and shuffle master, but my number r onpipi on the supply sideould be s. >> do y li the supply side here? that is s tangng forranted the thesis that t thee sisinowill continueue spenendi m mon or t

states will l ntntin spending moneneyven though they are cash-strapped as ell. >> i likik some ofof tsesenline gamemer d d th guysin china dog a giant interactive.. th'r're ing a little bit of all of that. >> dr. j j, wawa a pleasure. >> speaking of casinos,ho made the momo m mon betting withhehe house. plus, your firstovovtomorrow. we'll tell yououhahat ey are in a miminu.. ♪ lk at this man ♪ ionon know much ♪ but i i kw w love you ♪ a t tt may be ♪ all i need ♪ to know alalmo a as ch as we love makakg g th. innovatitionodod for america's totomoowow.

sure, but dodoee speak hybrid? yes, we do. and we can say 7 700 miles on a single tatank and epa estimamate 41 mpg city and all the words stickk b bause they're true. wewepeak the most f fueefeffient midsize sedan iamamera. we speak the allll-n 2010 ford fusion hybriri t in... and drdrivonone. with annnntitiesrom fidelity. turn your savings to incom, llll. to get started, anand ararn w to secure rererereme income tcall fidelity atat.. guaranteed.. for details about guaranteed income for r fefe, and chanangehehe w you think about your retiriremt t sangs.

time n nowoo reveal w w mad the most money totoda ron barronf barron examam groro made $13.3 million inina relatively quiui tape. hehe watched h 5 million s sefes wynn srr morere than 7% tododay alalon time now f forhehe fal tradad >> gold d isegging up, soo i this rgrg. i thinink erere' going to be a ghered by. >> b bniss interesting lolow70. >>titickg with targrg,, stock t t day.y. >> talk about one e t the neneciaries of the ala earnings, i thinink it coppeper prieps yououawawthem bottom today, u up %.%. the trtree on isis, freeeertrt-moran. yesterday's close, thahass yr

op. >> i'm melelis l l, see you back here at 5:00 p p.m easternimime for r rere "st money." haveve arere night. >> morrow, take your position with the ast moy"y" playbookok preview.w. hahashehe rallyy reallllrurun i course? geget e e eaings edge you need now. cncn 5:00 eastern. cecesso favorite coursesncer) mmmmesrites at the t theerer wi extra special sesess additional hotel nit,t, o treat yoyou rld in perfect hahaonony:riceless look for world on yoyo mastercard

d d i the chief shoe gigir r atoms shoes. i opopere e myntire business froromymy pne. because for eveverpapairofl we give a a irir ay to a child in need.. it would be e imssssib for me to do thisisititho a network that works aroundd e e wod. (announcer)) re bars in more placeses. at&t. the best covovagage rldwide.