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Stocks going for their best week of this year led by discretionary utilities and health care and how about nike today. Investors are simply loving that news. Kevin, nike doesnt pay much of a dividend, but they are rocking today. Wonderful thing that happened. We were so concerned after macys and nordstrom blew up thinking its all over. Consumers dead. No low cost energy dividend. Where is it . Now we see the light, the green chutes. As you said, it depends where you are expecting the consumer to go. Not going macys. They continue to buy stuff from nike and ufshdarmour and other retail names. Abercrombie, footlocker, ross stores. Its a story that you cant say about macys. I think when you look at a nike, its important to say, hey, there is a vibrant consumer story here. Not to extrapolate that out and say i want to oent rtx. Thats probably not going to work. It hasnt worked all year. Feeling pretty good about that. Thats one of the considerable longs in our portfolios. Weve been constructive. I think the important part to think about when we talk about the consumer is that its not just about the retail. Its also about how theyre spending in tech and media and on vashgz spz experiences. That said weave seen the consumer be pretty strong this year, and we expect it to be very strong in 2016. The danger with technical calls like that is you have what nike did with the di denned, the buyback, and then the stock goes up 5 . With the exception of a direct retailer, like a dicks, i think are still great buys, and have a lot of the runway ahead of them. What to make of abercrombie . Stocks up near the 20 . Comps down 12 . You say, eh, maybe thats not that great on the surface. It was better than the street had been expecting. Stock rips as a result. This is a company thats had estimates lowered for it for years. At a certain point all of the bad news is priced in, and then some. All were talking about is where sellers are willing to part with it and where buyers come in. You have kind of retraced all the way back up to resistance, which is 25 going back to the First Quarter of this year, and now you have to consider how much of todays burst is because 30 of the float was short going into today. I think you had a lot of shorts who have done very well. His name is down from 70 a share. Probably overstayed their welcome. Today is a little bit of painful. You are seeing them cover. Im not sure that you want to come in with fresh money and buy on top of that. Sdlars 12 million could have come to me in a dividend instead of maybe buying in shares, maybe in quarters ahead. Can you drive the price for further options. You dont have certainty. You dont know with sesht that theyre going to buy. You dont know when theyre going to do it. When i get a check in the mail, thats certain. It breaks yoo you are heart when you look at the stats. They dont it 100 of the time. You declare a dividend, youre long. You have to deliver that cash every quarter. You have one option if you dont want to pay it out. Cut the dividend and lose your job. I like that discipline. How should investors be thinking about pairs when the fed will raise Interest Rates . Are you rethinking your own view of certain stocks as a result of that . Its a great question. Yes, i am. What im looking for, particularly around the index that is i do with ftse russell, like o shares and usa, i now have to know that those names are growing because im fighting now increased yield that comes from just risk free bonds. Sfroo just having a dividend in and of itself is not enough anymore. Are you going to underweight reets and utilities. Already theyve taken a hit. Look at the utilities. You would be amazed. Health care, for example. Consumer. Even industrials. As a result you have been rewarded with less and more cash flow. You want to bach about yields and dividends and where things may be going from here. You buy the insurers because rates are going to go up. If we can get financials to raise dividends in the u. S. , that would be a great catalyst for a seconder that would be structurally underowned by a lot of the constitutional community. Outside of the u. S. I think its going to be incredibly important part of a Global Investors portfolio to have dividend paying stocks on a global basis. We expect yields to stay very low in europe in parts of the emerging world as well. Its a great point, and the big news is, i didnt even know this until recently, i started mining for dividend yield in asia, hong kong, japan, australia. 350 basis points. Michelle. We should let know you know p there are conflicting reports that it is actually over at this point. Were waiting for confirmation. We do know that six americans among those were rescued from the hotel, and were just getting word from the pentagon that 22 department of Defense Military and civilian personnel were there and are now accounted for. No injuries with them. The french are wondering what to what degree all of whats happening in mali is relating to francois hollande, and his aggressive military policy in north africa. There have been french troops in the country of mali since 2013 whether the country invited them in to help them fight the islamic jihadists who are trying to control the north of the country. Getting bulletproof versus for security and limiting coming gregs out front. Sometimes people like to go outside and smoke. Back to you. Michelle, thank you for the update. We will check back with Michelle Caruso cabrera throughout this day once again in paris. Coming up, why kevin oliar where i is saying im out to appear and what he is buying instead. Plus, a super bullish call on intel today. Why one analyst says the stock has a lot further to run even after its recent rally. Later on, the devil is in the details. Youre watching cnbc first in business worldwide. [announcer] when you see this truck, it means another neighbor is going to sleep better tonight because they went to sleep trains ticket to tempurpedic event save up to 300 on the cooling comfort of tempurbreeze. Plus, get up to 36 months interestfree financing. Sleep riskfree with sleep trains money back guarantee. And of course, sameday delivery. Are you next . [announcer] make sleep train your ticket to tempurpedic. Your ticket to a better nights sleep welcome back to the half tame report. We want to call your attention to whats happening now with tesla shares. Theyre down by about 2 . They were down by as much as about 3 1 4 . This headlines of the company is going through a recall of about 90,000 model s sedan models for a possible, again possible defect to the seat belt assembly. It was first called to attention in europe with one single incident. Tesla will recall 90,000 model s sedans to check for a possible seat belt defect and this elizabeth have a material affect on its financial results. Still, we want to call your attention, scott, because the stock did move on those particular headlines. Well bring you more when we know more. Back to you, guys. The stock down 2 . Kevin, does a shark take a bite out of tesla, or does he pass . Pass. Its coming, and it will be extremely painful. Youll need two seat belts. Hoer side of that trade, or no . No. At the right level and for a trade i own the stock occasionally. I dont own it here. If i say activity and i saw an institution getting interested, i would take a shot. Ahead of a rollout, of a new car, whatever. This one, no. Not at this level. He does quickly play into the spot that we had in this theme of growth versus value in the months ahead for the market. I can explain to you why people are trading this stock. It doesnt mean they should, but theyre overpaying for growth they think they have an edge because theyre willing to hold it longer, and so ultimately this valuation will work for them. Historically thats not a good move. Investors should not be playing that game. If you actually look at when gravity is going to hit, i would argue it hit in february of 2014. Starting to get a drumbeat of folks coming on the program and saying that value is coming back in 235i6r. Is that how you would play the market as well . I think Everyone Wants value to be back in favor. Weve been in a world for so long, and were dying for this return to normalcy. Im very hopeful that once the fed starts normalizing policy, that will be a catalyst for people to start really looking at value opportunities. Too much of what is cheap is its cheap for a reason. There are value traps. I think you have to be specific about the industries and the companies that you invest in at this point in the cycle. Talk to me about apple. I was surprised hear that you sold out of it recently. Why . Took it down from 5 weighting down to is zero. Increased microsoft from 2. 5 to 5 . Apple did some things that broke the rules. Increasing the Balance Sheet and trying to repat wrat cash with the bill wron dollar bonds. My biggest concern, though, is im getting the odor of you know how you pass garlic over a great italian dish. Just a hint. Im getting an odor of Consumer Electronics creeping into the story. That bothers me immensely. The story about apple all the time is ecosphere. Software and hardware was a peripheral. This company is about iphones. If you look at the history of the phone business, and im this is a debate that goes on every day. I get a lot of hate mail when we have these conversations. I have to tell you, judge, its really brutal. Ill let you know if the tweets start coming in. The Balance Sheet 200 billion in cash. They have if theres a good versus bad debt, dont i mean, 50 billion in debt i think is the number of what i lookeded up because i knew we were going to have this conversation. Its irrelevant. Rates are so cheap, right . Its not like its debt to make the business run. I get it. The point is when you are a disciplined Financial Investor and you are looking at one right here, you cant tell me one persons debt is different than another. Debt is debt. When you lerchlg a Balance Sheet, i dont care. You take a look at it. Margin pressure. My concern is about growth. At the end of the day, my trade worked. I went in to something that is building its base, increasing its cash flows, agnostic to hardware, which is microsoft, office 365 is kicking it. All the companies i own in the private sector are now using microsoft when they hated it two years ago. I was going, to you asked me two years ago if we would be having this conversation now. I tell you youre crazy. Selling out of appear to wet into microsoft and telling a fundamental story in microsoft to believe in, but the tide seems to have turned under to kevin ace point, the value stock between these two is still apple. Apple it a. 8 peg, price to earnings growth. Its 2. 2 times sales. Microsoft is four and a half times sales, and its a peg of two and change. Which one is cheaper . However, the market is voting. The market is saying, kevin is right. Za think the point of not being tied to the phone cycle and being involved in utterly different areas of the market, like cloud, that is why people want to own microsoft. I would be long here in microsoft as well. Intel shares are higher after the stock gets upgraded over at somewhere np securities. The Company Raised its outlook during our program yesterday. Alex is the analyst making todays call. He is with us live once again. Welcome back. Alex, good to see you. Hi, scott. Would you have made this call today had intel not raised its good nightedance yesterday . We would have, scott, because it comes out of trade show checks that weve made in recent weeks as well as other industry investorings. Thats what were excited about for intel. Its about the cloud driving the company, driving better growth out in 2016. Its doing that because, a, intel is executing, and, b, because the competition in our based servers is not happening, and, c, the demand drivers are all there right now. Thats a big shift in our thinking recently, and we think thats a reason to buy the stock. Maybe shift is the appropriate word because you are told investors back in march to sell the stock so are you really telling me that in seven months or so that the fundamental story here has changed . Yeah. That was a good call back in march. Now we have the runway ahead of us where cloud is going to be the majority of Intel Data Center revenues next year. We think pcs are likely troughing here, experiencing the worst of their headwinds, and now windows 10 and sky lyght from intel will make it a little bit better going forward. Intel has strategies in terms of reduced cap x to give that gross margin leverage even in a tough pc environment. Lets switch gears before i let you run to go pro. I believe youre still the biggest bull on the street. You still have 90 price target on that. Thats right. We do, scott. There vsh developments here recently talking about Virtual Reality on youtube making its way into normalcy and go pro will be a key enabler of that. Again, our optimism, that 90 price target isnt just about the hardware for the story. Births the things the company can do in the cloud with media and as a unique differentiated player in that category. Thats an awful lot, though, of faith in something that is not viewed as their core business, is it not . Thats a fair point. It is a faith and innovation, and a young energized Management Team that absolutely gets it when it comes to social media and new media. Were making that bet here, and we dont think things have changed that fundamentally from where we were a year ago when the stock was knocking on the door of that price target. Im hearing im not even thinking im changing the price target of 09, or ready to make a move on the stock, is that right . Thats not in the psyche of jnp securities right now. Thats correct. Well talk to you soon. I appreciate you coming on today. Thank you, scott. What do you make of go pro . I like his call on intel. I think gopro that was 26, the ipo, right . Were under water here. The whole story is forget were a camera and its pure Consumer Electronics thats proprietary. We have a social media platform that you could weve got cats jumping off roofs. Weve got dogs Walking Around with camera on their backs. This is really going to be worth something. Apparently not. Thats the problem here. By the way, i love the guy that started the company. He is a fellow shark. I think he is a fantastic entrepreneur. Nick woodman. Yeah, nick is terrific. He is a good guy, but is he a smart guy too. Because he brought this thing out. Apparently if you stayed long, you got killed. Now he has to prove that his original vision of taking the content and making it valuable somehow and thats his challenge. The camera, the price of that camera is going to keep going down and down and down and the guy is knocking it off in china. Its just the camera. I got a couple of them on my phones that are just as good, and so i dont know. Thats the question. I dont want to glaze over intel. Mr. Oleary likes the call. Same reasons that kevin likes microsoft really, and that is because intel is all about the cloud. They talked a little bit about yesterday on the call about pcs, but they said, hey, if pcs go down by another 10 , sales, that is, this is still going to be a great play. One of the things were cautious about, i know that weve talked a little bit about beforehand was valuations in the sector, and we were looking to make sure that youre assigning the right multiple for the growth that you are getting off of these different industries. People have gotten very enthusiastic about social media. I would say thats a place where weve seen a number of crowded trades bla out. Sometimes well. Sometimes less well. We need to see that the social media and new tech can follow through on the growth promise that is are embedded in multiples. Coming up, nimble storage falling off a cliff. The reason for the 50 drop in how you should strayed treyed it is just ahead. Kate moore has been Underweight Energy all year long. Find out if she can dip her toes back in the oil patch yet. Were back right after this. Today, were seeing new technologies make healthcare more personal with patientcentric, digital innovations; from selfmonitoring devices that can interpret personal data and enable targeted care, to Cloud Platforms that invite providers to collaborate with the patients they serve. Thats why over 90 of the top 25 Global Pharmaceutical Companies are turning to cognizant. Our domain experts, technologists, digital and data specialists, clinicians and scientists are transforming the way Clinical Research sites collaborate with pharmaceutical companies, and enhancing Patient Engagement with innovative platforms and solutions. Our populations growing healthcare needs present growing opportunities for our clients to advance the future of medicine with digital, and improve the quality of lives. I finally did it ew, you did it all right. Let sparkle paper towels clean it up. Do the math and youll see sparkle costs less. Plus its perfect for cleaning spills. Desktops. Windows. And chalkboards. Now thats what i call clean. Too clean . Sparkle. Because its a messy world out there. Earnings were that bad . Snoo they were that bad. And the guidance was that bad. I mean, top line missed. Bottom line missed. Thats enough to drive you anywhere from 10 to 20 down. Then you lower guidance, throw in another 10 on that. Then, judge, compression on the margins. I mean, thats the quad that they just pulled on this one. Dp you do all four things wrong, youll see a big drop. I really dont understand why everyone thinks this is such a great business to be in. When you look at what intel is able to do, theres no limitation on how much storage is possible, so its worse than a commodity. Its commodity thats losing value all the time. We keep storing more and more data for less money. Why would anyone want to invest into this . We need to look at other companies in the space. Pure storage is getting beaten up. Box is another name thats pretty close to its 52week low. Its just not a great business when all of the technological prostz progress hfd you is about making your product cheaper and more commoditized. It is graeft, and thats whats happening here. The huge buzz last year about cyber skrurt and Software Cyber stocks took the keys up into the hundreds, and then one day some institutions said, you know, i think this is a moderatety. I think there will be a lot of Companies Offering services at a lower price, and look at how the stuffing has knocked out of hose names. Gravity, graft, gravity. Its interesting because, you know, a name like fire eye, i think, is the one dimension. Can you throw up the chart if you could, please. They come out with their last earnings report, and they say there werent enough cyber attacks, and that is sort of what some of these stocks are susceptible to if you dont have the kind of events that drive activity in the names. I hate event stocks. Thats terrible. You just are is that what you think those are. I just think there was a time, and i think these trends occur. I remember the euphoria around the idea if you can create a company that can solve for stiber attacks, its priceless. There was fantastic indexes and they we want straight to the moon. If one guy can do it, why cant another. Why would we charge 50 less to get the account. Thats whats happening. Fire eye down. Yields are falling. Jeff killberg, what is the tenyear telling us with the big move that were seeing . Its immaterial that they move rates. After the hike of the 25 basis points, well see lower for longer. Specifically in the tenyear. Were looking at the flattening of the yield curve, and that lower, longer end comes lower. Look for lower rates as we go into 2016. How much more are we going to be rangeling here, and how much more will be ringing their hands . Im watching the 219, 2. 19, 2. 220 on the down side. On the up side 2. 34, 2. 35 on the up side, and as far as bond yiel yields. You can get more on futures now. Cnbc. Com. Well be back with a live show next tuesday. Back to you, scott. Bertha, well be there. Labor market is good. Inflation is going to stabilize and is stabilizing, and i think everything is in place for the fed to get off the zero bound. Coming up, kevin oleary is going unicorn hunting. Were going to need a bigger boat. Coming up land shark, right . Why the shark says the square ipo is a turning point for tech. Back after this. Im here at the Td Ameritrade trader offices. Ahh. Steve, other than making me move stuff, what are you working on . Let me show you. Okay. Our thinkorswim Trading Platform aggregates all the options data you need in one place that lets you visualize that information for any options series. Okay, cool. Hang on a second. You can even see the anticipated range of a stock expecting earnings. Impressive. Whats up, tim . For all the confidence you need. Td ameritrade. You got this. At t and directv are now one. Which means you can watch in the house, in a treehouse, or even in miss pepperpies house. Pause in your pjs and hit play during a pb j. Nice and enjoy some cartoons instead of listening to dads car tunes. dad meet you all the way get the best of both worlds. Directv at home and 2 wireless lines. From directv and at t. Announcer if youd give thanks for a bette[barks]s sleep. Sleep train has just the ticket. [train horn blares] during sleep trains thanksgifting sale save up to 300 on beautyrest, posturepedic, serta, even tempurpedic get up to three years interestfree financing plus, choose a free gift with selected mattress sets but hurry, sleep trains thanksgifting sale wont last sleep train [train horn] your ticket to a better nights sleep hello. Im sue herrera. Here is your cnbc news update for this hour. Military officials tell the mali hostage tell us the mali hostage crisis is over. State division says that there are no more hostages at the are aed s aedradisson blue hotel. President obama was asked about the mali attack as he attended a summit in malaysia. He told reporters he was monitoring the situation. He made the comment during a meeting with malaysias prime minister. Jonathan pollard checking in to a Probation Office following his release from prison in north carolina. He served 30 years for selling u. S. Intelligence data to isr l israel. His attorneys beginning a Court Challenge to the terms of his parole which state that he must remain in the u. S. For at least five years. Gop candidate jeb bush criticizing republican frontrunner donald trump over his comments about muslims being required to register in the u. S. Speaking on squawk box this morning bush called trumps ideas horrible. That is the cnbc news update this hour. Back to you, scottie. Sue, thank you so much. Well, the question of whether some of the skyhigh valuations in the valley will start to pop following the square ipo front and center, yet again stoed, that stock, of course, priced below its expected range. Kevin, you have fidelity marking down the vault wags of its snap chat investment by 25 . We have a turning point . Well, lets just go back and examine what happened. That actual ipo you shared, so the last three years of private placements are all underwater. Now it killed the early investors that got diluted. Heres my issue with this stufr. If are own this stock from the early rounds, you are in had jeopardy because, lets take heres my theory. Take all the ones that have to go public. The snap chats, the air bnb. Uber. Uber. Pinterest. Bring them all the same day. Are you going to clear at the last round . In other words, are you going to clear the market with the last valuation made . My answer is no. If. Nashgs of the, this one, does it start to be a woosh as a result of what were starting to see . Its interesting because the new dynamic here is now you have mom and pop investors who are actually in these private companies by virtue of the fact that some of the highest bidders in recent private market rounds have been fidelity, and so there are mutual funds. They dont have huge exposure. I dont want to freak anybody out, but theyre in snapchat, and theyre mark it down 25 . Theyre in zenefits and theyre mark it down. Theyre small compared to the real venture money, but because theyre doing this kind of marking down activity, its having a reverb yags, and its definitely changing the math. He said two years ago we topped out sfargs valuations, and he thought we would see it down. That was when uber had an 8 billion valuation. It is saying some of these are silly. You better be a lot more selective. Fully time you dont want to get if late, just like people did in facebook. In that, yeshg the ipo is screwed up, but they got in late and there were people just clamoring to get in at 40 if you guys recall. 40 and 42. Right before it came public. Then they couldnt hold 38. We need to place ipos. Everyone wanted it until they were told they could get it. Thats the scariest phone call you could make to a savvy investor that, hey, have as much as you want. Thats what started to happen here thats precisely the moment when they should question whether or not they really want it. Got to run. Where is the liquidity if you are actually a fiduciary in a mutual fund. You cant get market to market. Be you cant tell is. What here . I think people will be asking questions. All right. Coming up, its the worst sector of the year by far, but some of our traders are going bottom fishing in energy. A big oil debate is coming up. Plus, you tweet it, we trade it. Were answering your investing questions next. Youre watching cnbc first in business worldwide. And then santas workers zapped it right to our house. And thats how they got it here. Cool. The magic of the season is here at the lexus december to remember sales event. This is the pursuit of perfection. They come into this iworld ugly and messy. Ideas are frightening because they threaten what is known. They are the natural born enemy of the way things are. Yes, ideas are scary, and messy and fragile. But under the proper care, they become something beautiful. When a moment turns romantic why pause to take a pill . Or stop to find a bathroom . Cialis for daily use is approved to treat both erectile dysfunction and the urinary symptoms of bph, like needing to go frequently, day or night. Tell your doctor about all your medical conditions and medicines, and ask if your heart is healthy enough for sex. Do not take cialis if you take nitrates for chest pain, as it may cause an unsafe drop in blood pressure. Do not drink alcohol in excess. Side effects may include headache, upset stomach, delayed backache or muscle ache. To avoid longterm injury, get medical help right away for an erection lasting more than four hours. If you have any sudden decrease or loss in hearing or vision, or any symptoms of an allergic reaction, stop taking cialis and get medical help right away. Ask your doctor about cialis and a 200 savings card advisor and team who understand where you come from. We didnt really have anything, you know. But, we made do. Vo know you can craft an Investment Plan as strong as your values. Al, how you doing. Hey, mr. Hamilton. Vo know that together you can establish a meaningful legacy. With the guidance and support of your dedicated pnc wealth Management Team. Coming up at the top of the hour on power lunch, shares of tesla taking a hit. A big recall for the electric carmaker where are consumer discretion with the best performing sector this year with the fed widely expected to raise rates next month. What happens to Consumer Discretionary stocks in a rising rate environment . How worried should the smart money be . Lots of things to talk about. Back to you. Well see you in about 15 minutes. We to have a twitter question from one of our viewers. We love the interaction with awful you on twitter. Bob coast guard asking on the longterm shareholder of pfizer, what is the allergan deal going to do with my. Cramer says by allergan over pfizer. Kevin oleary, you own both pfizer and allergan. These are in my sweet spot. They do exactly what i want. Theres tremendous cash flows. Really lack of volatility. Health metrics that i like in terms of growth. Heres what i think will happen. The agencies that will make all kinds of noise. Except they dont have the power to do that unless congress acts. This is going to be the test case in Business Schools around the world about why we have to fix our taxes because the incentive for this is it is really interesting. Their job, those ceos, those fiduciaries are making more money, and if we dont have competitive tax rates, youll see more. Play by the rules that are in the game, right . I dont think you can change the rultz by just threatening and jawbone and saying, gee, were going to try to get this through congress. I think the companies are going to try to make this marriage work. Thats a different debate about what its going to take to clear regulators on concentration, but theyll dough whatever they have to do, and there will be lots of buyers for those assets. Im not worried about that part. You want to be long the combined i would argue that this could be considered a merger of equals. You know . If they have to go that way, they can start as an acquisition and then go back to merger of equals, which is a pooling concept. Theres lots of optionalty here. As an investor, i like the larger player, and the scale and subjecter jej jis. If we dont fix our taxes, everything is moving to ireland. Im an irish citizen too, so im happy. Does that change the way you view your space . Weve been constructive on health care all year, and really all of last year. Its been a sector thats performed so well for us up until very recently. We do recognize that it could be a sector that comes under scrutiny by candidates from both sides, and so were watch this very closely. We havent seen a decline in demand. Nothing even comes close. Coming up, you thought knew the meaning of the term bull market. Well, think again. Straight ahead, well meet the man who literally redean dee fined some of the most popular words on wall street. With hiss devils financial dictionary. Were back after this. Guage ski, guage ski, ive read all of your lyrics. Youve read all of my lyrics . I can read 800 million pages per second. Thats fast. My Analysis Shows your major themes are that time passes. And love fades. That sounds about right. I have never known love. Maybe we should write a song together. I can sing. You can sing . Do be bop. Be bop do. Do be do be do. Do do do be do. Were back. Think our traders are fluent in wall streets secret language . Lets find out. Here is jason zwei, the author of the devils financial dictionary. Weve all been having a lot of fun with this i have to say, jason. Where is did the idea come from and then well go through some of the definitions you have in here. One of my favorite books is the devils dictionary and i thought 100 years has gone by and its high time to bring it to wall street. Stock market, a chi yotic hive of millions of people who overpay for hope and underpay for value. Day trader, see idiot. Idiot, see day trader. Where did you come up with this stuff . You know, experience. I have to say one of the ones that stuck out to me was the definition for market strategist. It hit a little close to home but i just say there was something in there for everyone. Our whole team was laughing. I like to say theres something in there to offend everyone but i also hope something in there everybody can get a kick out of. Its funny stuff obviously, but almost every one of those definitions also has a kernel of undeniable of, hey this, comes from somewhere. Its not just pure lampoon. Theres some wisdom. You have been covering markets for, what, 20 years . 28 years but who is counting. You have heard every pitch, seen every boom and bust and a lot of that is baked into the book which is why i love it. To your bull market. How do you know youre a genius . If you bought stocks and theyre up youre a genius and thats a bull market. A period of rising prices that leads me investors to believe their iq has risen at least as much as the market value of their portfolios. They will learn both increases are temporary. See bear market. I think the message is being a healthy skeptic makes you a better investor, thats what i get and its really funny to go through the process of reading it. I think you have a hit here. Thanks a lot, kevin. Who will play you in the movie . Maybe we can bring leo sayer back. Well try to find him. Are you do you have your own sort of cynical view of the markets itself . I mean, do you maybe trust is too strong of a word to say, but what does this say about your own view of the market even in trying to have some fun with what youve written . Well, scott, i think its important for people to be skeptical and a little cynical, but you dont want to be too cynical, right . You dont want to be so cynical you refuse to participate at all. The best perspective i think is just solid skep at this simple and its a good idea to try to poke fun at the ideas people bring you, right . I mean, you probably do this, kevin. I mean, if you can find the humor in an idea, you probably understand it pretty well, and if you understand it well enough to poke fun at it, then you can make an informed decision about whether you want to invest in it. Its a form of trojan horse because through humor you can make people aware of the risks inherent in investing because thats really what youre saying here. Youre poking fun at it, but youre baferl saying a lot of what happens in markets is irrational and you should question it and i think its a very healthy message. Jason, thanks for coming in. Good luck with the book. We had some good fun with it. Im sure others will as well. Well see you soon. Thank you so much. Coming up, next week may be short on trading days about you theres an actionpacked earnings calendar. Your game plan is coming up next. Short on trading days about you today, were seeing new technologies make healthcare more personal with patientcentric, digital innovations; from selfmonitoring devices that can interpret personal data and enable targeted care, to Cloud Platforms that invite providers to collaborate with the patients they serve. Thats why over 90 of the top 25 Global Pharmaceutical Companies are turning to cognizant. Our domain experts, technologists, digital and data specialists, clinicians and scientists are transforming the way Clinical Research sites collaborate with pharmaceutical companies, and enhancing Patient Engagement with innovative platforms and solutions. Our populations growing healthcare needs present growing opportunities for our clients to advance the future of medicine with digital, and improve the quality of lives. We are back. I want to show you our leaderboard and our halftime portfolio challenge. Take a look at the emojis as well. Cant get enough of those. I can get enough of them. Poor pete. Pete sold out of footlocker before todays news. That stock was up 6 last i checked. Josh brown continues in the lead followed by stephanie link and joe terranova. You need an emoji, do you have one, oleary . No, just a picture of a shark. We need one. Energy, lets talk about that. This week we saw at some points the market trade in tandem with oil and then try to divorce itself from that trade. What do you do here . Huge divergence. The good news is weve seen great cost cutting, were seeing head count reduction. Were seeing people become more rational about the prospects for Energy Stocks in 2016. Just for us we dont feel were quite there yet. We think visibility on supply has been very, very cloudy, and is going to continue to be cloudy in 2016 with so many different producers, not just in the u. S. But fragmentation around the world but were saying not yet, were not really bullish on the sector. Im in or im out . For first time in two years im getting in here. This is personal. This is my own strategy. Canadian dollar a lot of peep dont realize has collapsed. Lost 30 of its value. So my trade is to take dollars, buy Canadian Dollarettes, get a 25 lift in value from 24 months ago. Then take those dollarettes and buy on the tsx big large cap Canadian Energy Canadian Oil Stocks . My theory is this, and the ones im buying, prairie sky, white cap, gibson, theyre all part of this strategy so im going to buy them in a 5 waiting max on this play. Here is the thing. If you do back and look historically what happens to the Canadian Dollar when energy moves, its the uniqueness of that country. If oil goes up, the Canadian Dollar goes up almost exactly at the same pace and youre getting significant yield on these names. Theyre paying dividends. So my play sooim hoping for 6 to 10 on the can you are ren si and looking for cap gains on my names. Kate way be right. I may be way early so i will only put on hafer half the position before the end of the year. Best thing i can say about xle is when it sold off in september, it did not make a new low. As long as that holds i think it could be somewhat constructive. Look at xle versus spy on a ratio chart. Its down 55 . Thats massive underperformance. The worm will turn, the names will work. I wouldnt say oil has bottomed but the stocks might have. The message of the market this week is what . A week in which a fed move in december, doc, seems to become more clear. I think we will get that. The market is reacting positively to that, so thats one of the reasons im optimistic into next week. Kate . Consumer is in good shape and we have reasons to be optimistic about growth in 2016. Kev, its been a pleasure having you. I loved it. Thanks. We loved it as well. Kevin oleary. That does it for us. Have a great weekend. Power starts now. Thank you, folks. Thank you, mr. Wonderful. This is power lunch, everybody. Welcome along with mandy drury, im tyler mathisen. The next wave of terror strikes. This time a luxury motel in mali, a country with a heavy french presence. Today though were spinning it back to the u. S. How do you protect a soft target like an office or a hotel. Total recall. Tesla recalling its entire fleet of model s sedans. You see the reaction in the chart. Down for 2. 3 . And is mickey mouse out of the hole . Rememb

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