Poised for a breakout. First, the ultimate showdown its netflix versus nvidia these two highing flying stoc ig stocks have been trading places all year there can be only one winner if youre putting fresh money to work right now, would you rather, netflix or nvidia . This is hypothetically there can only be one winner you can only choose one the way she said it was there can only be one winner in terms of your answer give me your answer. Netflix ill give you a quick reason why. I think when netflix increased their prices and the stock didnt go down and its now alltime high, the Customer Base is sticky, their International Growth is here to stay hastings has done everything right. If they even get half right in this Autonomous Vehicle thing its going to double when the stock was trading a hundred, guess what, it doubled, now youre getting into nosebleeds would you rather. Hold on a second. Nosebleed territory, and were not including the netflix pe you have a case where also think about what happened this week for media stock. Think about those names that actually are on some level its about doesnt that prove that netflix has a great position in the whole space . Netflix has an annual excuse me, a Monthly Subscription theres a max to what they can get. I think theyre getting near at least theyre starting to saturate their u. S. Market theyll grow in the same way proportionally or internationally. Standpoint they dont deserve the multiple that nvidia who at least is in this frontier that we think the growth could be massive. I get why they have that multiple forgetting the multiple side, when you look at the valuation of these companies, you cant look at a traditional valuation metric you have to look at the growth opportunity. You have to look at the investment theyve made to go after the total doctorsable market netflix has done that. Their operating margins are up from 8 this year. Theyre going to ramp earnings from the at some point because of their costs falling off the ledge, essentially theyre spending Netflix Netflix has been spending like crazy to ramp up their International Business there is a risk go ahead. Theres plenty of different risks here the competition i think right now is a bigger problem than its ever been before for netflix. Disney is going to have a standalone in two years. Disney will have a standalone over the top you will get there. Theres going to be more Going Forward than there are right now. Nvidia, where are people watching these movies . On their cellphones. On their ipads what are all these devices need . They need multiple chips, not just one, in your house, in your car. Nvidia is the way to go, not netflix. The over the top i would argue is probably a benefit right now for netflix. Theres too many offerings right now. Its forcing people to make a decision about one offering that they can really count on amazon prime video, just as much if not more than netflix. U. S. Saturation is basically there. International growth, of course. Youre looking at margins, the most important thing in these stories. My point is simply that who is the ultimate skinny bundle . Its netflix outside of all the disney, all the stuff that my kids watch, and thats been on any channel in cable history for the last 25 years, netflix is spending either an enormous amount on content, thats not going down how many people are absolutely hooked to orange is the new black not that many. If you go international, its not as easy as you think to come up with that type of content, internationally. So i have been a bull on netflix. I am a bull on nvidia. I think at this point, at this crossroads, you choose nvidia, you go down that route when you called my name, i got worried. Guy, earlier this week, we had some interesting numbers from at t about subscriber loss. Yes, we did we talked to Craig Moffett about the fact that theyre actually losing money on their bundle is that good news for netflix or bad news for netflix all these kids, what do they do on a friday night, the millenials this is a family show thank you theyre not amazoning and chilling theyre not disneying and chilling theyre not huluing and chilling netflix has become qtip, bandaid until that changes tim is laughing i actually now want to start calling you qtip for the rest of tonight you want to put a multiple on earnings, you talk about valuing this company theyre going to earn probably ten bucks in 2020ish. Put a 25 multiple on that, its a 250 stock thats at the low end. It could be a lot higher again, you and qtip believe these guys have no competition i think the Competitive Landscape has never been worse i dont see a moat around these guys i see a valuation, when i look at nvidia, lets make clear, when netflix and nvidia and emerging markets and bitcoin are all going higher, bull sentiment has never been greater when that pulls back, who is going to get hurt more to me thats netflix thats what we left out of the conversation on Nvidia Bitcoin mining we didnt mention the whole side of the story which has been a tail end for amt as well. Everybody has made extraordinarily cogent points at this desk. Thank you the one misstep netflix took over the last six or seven years was they increased pricing a while back and the market hated it now they increased prices and nobody bats an eye and the landscape is that hulu just dropped its price for first year subscribers you tell me about a moat. Theres something clearly going on can you tell me what that is . I cant i cant tell you what that is. From roku and amazon and everybody else that has the same ubiquitous programming and then their own small slice of something. Content. What separates jello from the gelatin generic in the store . Bandaids are adhesive strips. Youre saying stuff that we grow up with kids growing up now, theres so many other over the top. And thats why kirkland at costco is a success because there is no loyalty to a brand lets take a vote, shall question would you rather, hands raised for netflix. Hands raised for nvidia. Split i am reluctant to raise my hand for either. Were in an environment where the animal spirits are off the charts gun to my head, nvidia cotton swab still ahead, Health Insurance stocks getting crushed after President Trumps executive order to cut Health Care Subsidies. Plus earnings reported next week well reveal the stock set for a breakout weve got a way to get your money back if tesla took you for a ride much more fast money ahead its not just a car, its your daily treat. Go ahead, spoil yourself. The es and es hybrid. Experience amazing. Thats why a cutting edgeworld. University counts on centurylink to keep their global campus connected. And why a Pro Football Team chose us to deliver fiberenabled broadband to more than 65,000 fans. And why a leading car brand counts on us to keep their Dealer Network streamlined and nimble. Businesses count on communication, and communication counts on centurylink. Throughout history, the one meal when we come together, break bread, share our day and connect as a family. [ bloop, clicking ] and connect, as a family. Just, uh one second voice guy. [ bloop ] huh . Hey . I paused it. Bam, family time. So how is everyone . Find your awesome with xfinity xfi and change the way you wifi. Welcome back to faster fast. Health insurers and hospital stocks are down after President Trump signed an executive order ending Health Care SubsidiesBertha Coombs has the winners and losers reporter after months of threatening to cut csr subsidies, the president has pulled the plug. That money is going to Insurance Companies to lift up their stock price. Thats not what im about. Take a look at who those Insurance Companies support. And i guarantee you one thing. Its not donald trump. Reporter the move could leave Exchange Insurers facing new losses in the Fourth Quarter since they wont be getting reimbursed insurers still have to make those cost repayments to enrollees, 6 million under the law. Most have priced in the uncertainty of csr cuts into rates for 2018, with really big increases, some of them more than 20 centenes ceo tells cnbc he expects they will get those big increases approved in all of the markets where theyre participating next year. The cbo expects that a million fewer people will actually sign up because of those high premiums, and more people without coverage means more pressure for hospitals that are already facing debt problems like tennent, thats going to be a hit for them when you add the executive order, some people are calling this a synthetic Obamacare Repeal without congress. The president talked about stocks when you look at whats actually driven the Health Insurer stocks, they have profited from obamacare and expanded medicare enrollment whats driving growth in profits these days is medicare as more boomers reach the age of 65. Back to you, melissa bertha, thank you, Bertha Coombs in the nysd ill stay with the hmo trade, thats better than the hospitals trait right now. The tailwind of an aging demographic, an aging population is going to be much better than the headwinds of a failing obamacare. So unh, humana, aetna, those names. But if we look at the ones that are facing centene has had a great year i guess they factored in, they figured out how to navigate. I would stay in hmos youre in hmos. Theyre the best in breed, they should trade at premium and they do. Theyre expensive but these guys are on the right side of Public Perception in terms of the provider payout conundrum. Theyre doing things to at least try to be on the same side as ultimately their customers, which is theyre trying to drive down certain costs theres no place in here where i think where we are right now with the Affordable Care act or where there could be a new Game Changing plan, these guys are left out in the cold theyre always going to be cream of the crop and receive the highest premiums a deepening scandal involving covey steel. The japanese steel maker revealed it found falsified data other Steel Companies rallying on the news. Time to buy these stocks, grasso they popped in the last couple of days, i would let them breathe a little bit i definitely think this trade has some degrees Going Forward china is ramping up, has increased in imports, decreased in exports earlier this year when wilbur ross was put in his position, we talked about it on the desk, it proved to be wrong, but he said he should be great for the Steel Industry the u. S. Steel industry had a lousy run but has come back. Steve is right, theyve had a great run. I still think these things are levered to move higher you watch the moves u. S. Steel has had, every time youve counted them to the upside or downside, they overshoot on both i think what china is doing, steve is talking about production, supply side, theyre doing everything you want to hear theyre cutting back on bad and inefficient production thats reverberating all the way through. The kobe steel thing is affirmative for all steel makers they will get protection from the Trump Administration the september data got this group going. A lot of these names, the steel names, the iron ore players. In general its shortlived. I think the data that comes out next month will be truer based on the fact that there is government restrictions on the Steel Manufacturing over there i think the numbers will reflect it next month. I would be taking profits here especially in the iron ore names. Another week, another box office bomb. As movie stocks are tanking, it could get a lot worse. Well explain why. Im melissa lee. If youre stupid enough to buy, youll pay the price one day. Not today, because bitcoin just hit another record. Well tell you why there could be even more to come plus its beautiful. Thats what a top technician is saying about facebooks lart. Wel show you what he means, when fast money returns. Something we all think about as we head into retirement. 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Thankfully, the breakthrough in prevagen helps your brain and actually improves memory. The secret is an ingredient originally discovered. In jellyfish. In clinical trials, prevagen has been shown to improve shortterm memory. Prevagen. The name to remember. The only value of bitcoin is what the other guy will pay for. People are very good at manipulating the press and getting news out every day, cnbc, nonstop bitcoin. Who cares about bitcoin . Just watch the show that was jamie dimon speaking out on bitcoin, which hit another alltime high today. His words were opposed to the cfo of jpmorgan, who said we are very open minded. He said he would stop commenting on bitcoin but had more to say today. Is dimon in bitcoin denial hes an amazing ceo but hes definitely in denial the barn door is open and all the animals are running out. Its a more than just a fad. Youve got blockchain which jpmorgan he likes the technicaology. He loves the technology will there be more regulation Going Forward . There will be is that a negative . Weve got no institutional ownership. Once they start to put gates or moats around it from a security perspective, its lights out it can have incredible momentum higher the facts are hard to dispute. You have double the amount of digital wallets than a year ago. Youve seen a selloff in lesser known coins. Youre seeing some consolidation, some best of breed coming through what a lot of the guys who are spending days and nights doing bitcoin, mining, you name it, bitcoins Technology May not be, you know, of the icos out there, of the coins and tokens out there, may not be the one ultimately seen as the most technologically advanced i think were at a place where this is where it comes down to, who will be the winners and loses. Theres no question blockchain is something every big Financial Institution in the world is spending time on, including a lot of smaller ones. Stay focused thats it. A frightening year for the box office as even major blockbusters fail to boost attendance Julia Boorstin in los angeles has the details. Reporter the u. S. Box office is down about 5 year to date, its been struggling since summer and the trend is getting worse with october so far running about 22 behind the same period last year. Its been dragged down by blade runner 2049 which grossed a third less than projections. Four movies open this weekend including happy death day which grossed 1 million in previews last night. The film thats expected to come in second, the foreigner, a u. S. china coproduction starring jackie chan its grossed 44 million overseas disneys thor ragnarok is expected to be huge. Theater stocks really need the boost. Amc shares are down 56 over the past year. Regal and imax are also down what kind of roller coaster will lie ahead . One we hadbush says he expects box office to be 5. 7 down in q1 in 2018. And a stronger summer lineup than 2017. With some familiar brands returning to theaters, well have to see if moviegoers suffer more of the franchise fatigue that we saw over the summer or whether the movies are just better thank you, Julia Boorstin in los angeles. The quality of the movies, but also do people want to go to the movies no. We talked about it at the top of the show, people are hanging out, watching netflix and eating dominos. All fun. Amc, she mentioned remember back in the summer, went from 20 down to 12. You had a short bounce up to 17. Guess what, its back below 14 again. Trades at a huge valuation the only reason the stock is hanging in there is because theres 20 Short Interest no touch i agree, no touch disney, ahead of the star wars films, theyve done well not only from the film but also the merchandising perspective as well thats probably the only play from a music perspective weve overpriced the death of the Movie Theater. Can you imagine sitting behind qtip in the Movie Theater you wouldnt see anything, hes got a very long torso you play the content, you play disney. You saw the three movies up there, those are the movies everybody is going to see. Im a germophobe, im the wrong guy to ask about Movie Theaters. Millenials, the guys and girls are watching on their computer theyre watching on their phones theyre not sitting in seats anymore, theyre just not. Im a lousy moviephobe. How many star wars movies will they make . It doesnt matter, its working. Today is friday the 13th the