Of the acquisition. Not only growing user numbers but engagement with the 60 increase in the linkeden feed with search traffic also growing faster than overall member activity. Plus, mobile, which has been a big driver continues to grow at double the rate of overall member activity responsible for 52 of all linkedin traffic. In the call, the Company Plans to weigh in on the early interrogation efforts, the Company Released the prepared remarks ahead of time saying that lindas Promotional Campaign exceeded expectations. With growing attention to international attention, jeff weiner said they released the 10 million member milestone saying china is the second largest market behind new signups behind the new u. S. Well Pay Attention to the q and a session. Julia boorstin, thank you so much. Guy on the closing bell at the top of the 4 00 show. Love the show. You called it right on linkedin. They raised guidance for the full year. That is true. They raised it by 29 cents, the beat for the Second Quarter was 25 cents, so effectively they raised full year guidance by four cents, if you want to knit pick and revenue guidance was okay, not great. When you close near 70 time earnings, thats what happens. The reason was down today was because of the facebook price action over the last few days. I dont think linked in can be replicated. I think they have a mote but the quarter was good enough to get it north of 250, which it did. Now its right back down. What does it mean . You dont touch it right here. You wait and see how it plays out. You got the spike, now i will be honest and say i thought it would last longer than half an hour with that said, now i think it test back down to 200. I want to go to colin who has a hold on linkedin. 250 price target. On the red phone with us and colin, i want you to solve the mystery of linkedins quick turn around in the after hours session. Its a volatile stock. Another example, you see the numbers skyrocketing on the headline beat but when you dig in deeper, you realize expenses are still growing at a rapid rate and most of the beat came from the linda. Com acquisition that they under guided to the revenue contribution and turned out it will provide more revenue in the later half of 2015. So its not the core business. It was really accounting moves. Colin, i would rather see and spences because i feel like thats something the company has much more control over than a revenue miss. So how do you think about that . You know, the area in expenses, you look at g and a in pa parainparticular, all the expenses came out higher than expected except for product development. There is one area you want to see them spending it would be in product development. Linkedin is a great company. Linda. Com will provide cynergies down the line. These in the September Quarter will be transition and you have to bear with this in mind and except the volatility. And colin, as you get back to the Conference Call, what are the outstanding issues you want to hear about on that call . We want to see what is happening on the enter side. They talked about this has gotten better in the Second Quarter, lets see if management validates it and hear effort and tranks with sales navigator and finally, what are they doing in marketing. Well check back with you later. Jump back on the red phone. Turn was a mention, upticked in the march quarter. What did you make of linkedin . When the numbers are bad, the stock is actually bad. When the numbers get better as far as jobs get better, this gets better because people look for it, look for jobs. I think that jobs numbers are so good for so long that were stalling here in linkedin. The chart is a mess right now. Its a no touch. Definitely a notouch. Its been up, down, with the last stock i saw go up and down like this after reported earnings was twitter. I would stay away for a little bit. I need more conviction in the charts. What they are doing to get the engagement with influences, doing something more than just jobs or at least management is trying to do something more than just jobs. I know sally friend of the show is one. She writes fantastic stuff on there and its the only place she can get it. For me. 3 million in the revenue so the others dont move the needle as long as hiring is where its at, you run into a wall. I would rather see a company make aggressive, not aggressive moves but making moves to change their Business Model a little bit and i think when you reflect against this, now we have facebook against what twitter has done, it makes twitter look a lot worse. Put it into context in terms of the social stocks. Its been a difficult reporting season for a lot of them in terms of the price action, facebook, yes, it ran up into the quarter and had a descent quarter. Look at the price action, twitter was a disaster in and of itself. People get concerned are evaluations now unless you can show the growth, that growth will continue unless people, they are not giving you the benefit of the doubt they gave you a few quarters ago, lets put it that way. Its not effected the Broader Market yet. Steve probably has a view but maybe closer than we have been. Got to get to another earnings mover popping. That Conference Call getting underway. Lets get to meg terrell. Melissa, big raise for amgen by about 6 . On the call, folks are listening for a couple things, first the big cholesterol drug expected to get approved in the u. S. Next month. People will listen to any color about the market and maybe the pricing. Be look at more pipeline updates, specifically about their migraine drug, people interested about that like the Heart Failure drug and bio similars will be a big topic, ones that might compete and i have to mention piece of news, amgen adding fred hassan to the board. Pharmacy, to pfizer, big deals. Sparking a lot of speculation the that maybe hes come on to help with some mna. Guy thinks its crazy amgen is a target but that doesnt stop the speculation. Thank you. Keep us posted. Its a huge company. That is really interesting. It is. He wasnt sharing for a handshake basically, turn around and sold it to merck. I dont think amgen deal would be 140 billion dealish. I think the stock goes up regardless. This was a great quarter. Guidance, operating margins now pushing 50 and at 17 times forward earnings, its a relatively cheap biotech name. Weve got amgen, gilead. Good price earnings. Its a big waiting there, so in effect, 8. 4 of that, im happy to be in the space although this is one that on evaluation basis, amgen and the whole space you kind of have to, you know, throw away normal met tricks. It will be interesting to see how biotech trades tomorrow. We got good news here and if you look at the chart of the biotech, looks like there could be more. If you look at ibb maybe down to 340 is where i get excited about it. If we get a reversal tomorrow, just trading on good news, thats a sign to take profits. Ill go back to the main stage. Go ibb or your xbi and those are the best ways to play. You get cell gene and am agagen regeneron. I dont think they will all turn around. Coming up next, ford and gm may be in the dumps but one undercover auto stock is surging. Why it could send gm and ford for a great trade and the man that called the big dollars breakout is back and you wont believe what he says about the green backs next move. Top tech investors getting out of apple. Here to explain what it is that has him so worried. That and much more ahead on fast. Can a business have a mind . A subconscious. A knack for predicting the future. Reflexes faster than the speed of thought. Can a business have a spirit . Can a business have a soul . Can a business be. Alive . Money. Check out what is happening with fireeye. This after the Cybersecurity Firm beat on both the top and bottom lines, however, maybe some investors focussing more on the fact that the companys chief Financial Officer is going to leave the company. Hes going to join a private technology firm, the current v. P. Of finance will take over on an interim basis. The Third Quarter outlook is better than expected. The losses that they are looking for in terms of the Current Quarter were in line but again, a change in the executive suite. The Conference Call is on going now. Well listen for more headlines coming in but remember, the headline for a lot of people here is that companies spent 56 more, at least fireeyee scored because companies spent more on preventing with things like the cyber intrusions weve seen. Back over to you, melissa. 6 now, we got thoughts from our friend at fbr. He says thats not moving the needle now. This is a prove me stock on wall street and need to deliver a home run quarter. The in line product number wasnt enough but billings and guidance were strong enough. He says the knee jerk reaction looks over done now. You never like to see a cf leao leave, but if it is true, that is much better than just leaving . You never want them to spend time with their family. Thats bad. Thats really bad. Something has gone wrong. I disagree with that statement. I think this is all, billings up 57 . This is a name up 51 year to date. I agree with him on that that i hate that term, price to perfection but palo alto. Double the market cap of this. This should be bought on any type of pull back but the cfo leaving, thats why the stock is down in my opinion. Guy . Sale off in fire eye is over done. I think there is a chance that fireeye gets gobbled up. Thats a potential but they had so many management credibility issues when you hear the cfo, you shoot first and ask questions later. Thats what is going on now. Sticking with earnings, lots of names hitting the tape. Time to get to the earnings playbook. Its kick it off with big oil play, Conaco Phillips but the company lowering the forecast to 11 billion from 11. 5 billion and guy, this is a string of companies cut. It wasnt a disaster given what it could have been but guidance is not great. How do you trade 24 times forward earnings and an Energy Market that wants to go lower. B. K. Is on that plan, as well. I happen to agree i dont think it will go as low as they think. We are at levels we last saw in early 2012. It is critical that the stock holds effectively right here 51. Play it from the long side and do it against the 2012 low which is basically 51. I was talking this week and said why would you invest in oil stocks now . Dont you need a higher wti trade . He said yes. Catching a falling knife at this point. Yeah, so my view is oil goes lower since the dollar will go higher and well have raul on. Not only that, think about the dynamic, all these Companies Still pumping oil. They cant get the price that they want so they have to pump more oil. To me, to try to catch this falling knife is way, way too early in oil. Yeah, by the way, rig count, just because rig counts go lower, doesnt mean they pump more oil. Cut in half and production is the same. All right. Next up, tmobile ending higher by more than 4 after a solid Second Quarter and the company raising guidance. Another 2 million subs. Thats the name of the game. John ledger, the stock up 44 year to date. The number four operator, probably going to number three because probably going to be a deal, more consolidation in this space and i think its still a buy. He had mentioned he was look for a partnership of sorts with a Cable Company because he thinks the broad band is a nice fit with his wireless network. He likes that fit and its a spectrum game. Hes looking for spectrum so who has the specspectrum . We know who has it. Will the deal get done . Who knows. The stock can move higher. Done, stalled or stalled on price . Where does it stand . Thats the key. Probably stalled on price. Thats where the deals do stall, right . They cant agree on price. Thats the number one thing, number one thing on everyones agenda. Stock is up 44 year to date already. Chrysler reporting a jump in profit. The stocks soaring in todays session, china, however, still a concern. Well, they also upped their guidance, too, and i think the reason fiat has done better is because while china is a concern, not necessarily the mayor focus whereas gm it really is global motors. So that being said, fiat is rumored to buy gm and doesnt seem like perhaps the ceo of fiat has the board on board with him on this. I dont know if that deal gets done. In this case, i would rather not be in the auto space at all, with fiat chrysler, if we can get to 16 or sustain above 16 looks like a breakout. Who wants to play would you rather . I love this game. Wait, thats a new rule. Fiat, chrysler. Three stocks. Ford or tesla . [ laughter ] you werent expecting the last one. Thats a hard one. I know. I wasnt prepared for this. Let it rip. Tesla tried that 290 level, failed. Its at 263. I still love the story but i think that needs to trade back to 220. Given the three choices you gave me you want to play . Fiat, chrysler, ford or gm . Im going to go with ford. Wow, ford wins. Two times, would you rather, rather. Would you . Okay. [ laughter ] would you rather pudding, rice pudding or vanilla pudding . Forget it. Thats not the game. Moving on. Coming up little kernels in it. Coming up, coming up, coming up, the man that called the dollar break, what he has to say next. Raul paul joins us and here is what is coming up on fast. One of the best tech investors on the street is here and you wont believe what name he got out of and plus, facebook shares are falling post earnings. But there is one industry that could take the stock to new heights. Well hear on exactly what that is ahead on fast. When you do business everywhere, the challenges of keeping everyone working together can quickly become the only thing you think about. Thats where at t can help. At t has the tools and the network you need, to make working as one easier than ever. Virtually anywhere. Leaving you free to focus on what matters most. The probability of a dollar breakout is good, if that happens, the chances of the dollar moving rapidly for many years and would lead oil to go further. Prices would go down to 30, 40. A barrel. Easily if the dollar moves in the way i think it possibly will. That was global macro investor publisher raoul pal predicting the dollar rally in november. Its up more than 1 in the past two days and since his prediction, it gained 11 . Also in that time frame, oil dropped 37 and gold is down 6 . So how much higher could the dollar climb and what impact could it have on commodities. Raoul joins us on the phone. How are you . Good, how are you. You had a chart of truth for the dollar that led you to believe the dollar index will explode higher to use your words. What are you seeing and how high are you talking about . I think the dollar will go up so expect to see by the end of the year, the dollar up maybe 20 . So we got maybe another 10, 12 to go this year alone and next year something similar. The dollar will go a long way. For example, against the eros, maybe down to 75 cents. So quite a big move from here still. Down to 75 cents. Then what are the trades youre most concerned about at this point . Back then in november you said that we would see oil, you know, down to 40 or so and back then, obviously, was shocking because oiler was closer to 80 at that point. What are you forecasting at this point . If the dollar continues to do what its doing, the probability is the oil will come back down into the 20s. It sounds shocking and ridiculous like im extending the forecast headlines but thats how the correlation plays out and as the dollar gets stronger, Global Growth is falling and that means generally that Commodity Prices should fall, as well. I know that you dont have many strong thoughts on china but how does china play into the decline in oil that you see down to 20 . I mean, is that part of demand equation that goes away in your view . Absolutely right. China has been having tremendous problems with a strong currency and chinas economy is a mess now. So i think that, all of that demand from china disappeared affected commodities around the world. What is fascinating about your newsletter is you go and visit investors and gather the consensus trades and seems like the consensus belief is that the stock market crash doesnt have an impact and the government will fix everything. Are we under estimating the Ripple Effect on other economies whether emerging markets or here in the United States . Absolutely we are. We know the economy is bad and i know people wouldnt dare to go against but they suggested that the chinese economy could be turning around because the stock market was turning around. The stock market is imploding and becoming less clear. China is a wild card that could create more problems because people try to look through this and hope things pick up again but i dont see that yet. I want to go to the other consensus trade, thats long european stocks and specifically, that germany is supposedly the best place to invest these days. You see it completely the opposite way. Yes, i do. I just look at what is happening to global export growth because of the slow downgoing on everywhere and germany is the big exporting nation of europe and i see slowing down and look at the pmi. I think germany is at risk of leading europe into a recession which is against everybody elses opinion. Specifically, you see the German Economy basically being one or two cycles behind the u. S. The germany will feel weakness because of what is going on here. Absolutely right. The u. S. Is weak. The gdp numbers came out first half of this year is the weakest first half since the recession. I think that feeds into europe. Takes time. Europe lags the u. S. So i think that wont help germany because u. S. Is buying less goods from germany so that doesnt help now. One of your shocking predictions is the last question is about Deutsche Bank and that germans will have egg on their face because they will be forced to bail the institution out down the road. How are you how do you form late a trade around . Are you short the bank . Im looking at the bank and makes me concerned and look at the numbers and dig into the Balance Sheet and im concerned there is a kind of banana skin on the floor waiting for