Target to 1,000 a share. And with the gap reporting, if that is where it stands, it is not a pretty picture. And steph any link with amazon, and you bought the stock today . Well, i did, and i have been underweight, and it is painful. It reminds me of the g. E. Story last year where not a lot of people owneded it and it crept higher, but it is doing well suns the report, but it is a disrupter, because they are killing everybody, and it is hard to ignore if you will. And they aws is the exciting part of the story, but that grew 64 , and the margins expanded 5 in that segment alone with 27 growth in north american retail, and these are the numbers that you cannot ignore. And the port fol e owe wants a big a part of the benchmark, so i nibbled. And you have said on this program, that those would not allow you to go near it . It is very hard, and i missed a nice move as a result of that, and you have to separate why, and figure out why do you want to own it . For the retail piece or the cloud business, and both pieces did really, really well. We will see how it goes, and i pex ebt to have to buy it when it pulls back a little bit more, and this is a place where you have to be and im barbelling it with ebay which is totally cheap, and value stock, and hate it, but i feel that this is have where you want to be within the retail. And joe, up 60 , and the retail xrt is down 12, and amazon is killing it, and killing everyone. Well, the call is not going to 1,000 and that is a stretch, and where is the s p in that environment, because that is nearly a 42 price appreciation from where amazon is now, and now, getting to 800, that is no problem, and they have done the right things in just a skip and a jump are from here. Well, they have done the right things in terms of the investments, and navigating and growing the Services Side of the business and not necessarily so much focusing on the product side, but understand they invest in the infrastructure and logistics, but now the fruition of that and that is going to go back up to 800, and do they have to make the investments once again, and the contraction of the margins, and that is the potential upside, and we dont want to see them go back to where they were years ago making bad investments in the hardware. This is fundamentals versus valuation. And this is kevin oleary, the shark on the program about this very issue. This stock, if it is in a port foal e owe, it is a time bomb. When this puppy gets to gravity, grown men are going to weep. That is only two weeks ago and time will tell, but dangerous to touch because of the valuation. And the lack of the profitability. It has not been. I mean, and when they have showed us ow the make money, and they have done it on one or two occasions, scott, we see how much money they can make, and joe talking about the investment, and what about now the fact that they are going right after youtube. There is something about bezos, and it stood out last week in ira sohn, but it is the comparisons of what amazon has been doing in the last two years, and since steve jobs left apple, and one of of them is innovative and one of them is attacking the competition, and right now, am sop hazon has goi it, besides everything. They have scale, and they have incredible growth. Bezos is going to get the credit, because he is executing to perfection which could push it south. And ber stein to 1,000, and the analyst carlos kirshner says that the margins are expanding, and the well, that is like instead of spending like a drunken sailor, it is starting to come back at least according to this gentleman . Well, folks have been cutting back on the cap x to make the numbers here, and in the oil and the gas space people are cutting back dramatically, and in some cases beating, because they have more cash flow without that spent, however, jeff bezos, and everybody has said it, by wont beat the dead horse, but doing a fantastic job. And judge, people have been streaming into the stock as it has made 660, 680, 700, and now today, sold the 700 to 710. But they are taking the little nips at it, and they are not making a huge bite. Not investing large sums of money. Are you afraid of the valuation . Yes. That is it. They are afraid of the valuation, and people are afraid of missing it like steph described. Im not in it, and i have to admit it i was it for a week ago for the earnings for 24 hours, but i am not in it for a right now, but chasing it. But taking little bites at it is what people are doing, and nobody is chowing down at the buffet here. And you came to the conclusion thaw it is a mustown stock. Well, talking to system of the legacy retailers, nordstrom, pay sis, jcpenney, and tj max, and the one fear is to lose business to amazon, and as a result, all of the companies are spe spending massive amounts of money to keep some of the customer customers. So i think that there is going to be room to own some of the other names and the legacy players, but for now it is hard to ig for that every time you want to go by something, and how many times people want to go google something or go on amazon to get something. So to me that is what are you going to the buy gas and get crushed . I mean, look at the declines in the stock, and lbrands down 27 , and ralph down 19, and gap, and look at those reduction, and so well, i dont believe it is going to reverse, and so thank you for helping me to make the case. I dont think that macys is dead or nordstroms is dead, but i own a little bit of the nordstrom, a because they are a great franchise and they are doing things to get the customer back in and the younger customer, but right now, you have to admit that amazon is stealing the show, and that, i just dont see it ending any time soon. And the mall cant totally be dead, because Simon Property group is high. Yes, i took mine off. I took it off today, because of the move. The one thing to your move is that it is not that macys is dead, and they have great management, and the terry lund gren has to focus on, and he does, they are closing the stores to try to reduce the footprint because they cannot compete the way theyd like to. And we all like the expansion when it is there and needed, but the expansion over the last decade is not there for them, and that is the problem, too much Square Footage and positioned positio positioned better, and going to the online world. One thing that the guys cannot beat is the t. J. Maxx, because when it is end of run, and that is what they are selling the excess inventory, and end of run, and amazon cant eat their lunch, because people have to go in to try it in, and lim limited supply of this. And t. J. Is spending a ton of money on the e commerce because of amazon, and i agree with you, but people are spending because of amazon. And tjx, and who else . Home depot and lowes. And cramer talks about it all of the time in the Early Morning show, you go to home depoe and you have everything that you want, and it is a little animal, if you get the next day delivery and that, and you cant wait, and you do it on the saturday, and this is something for now is a little bit bulletproof. That is the consistent theme, the big box, the home depot and the lowes and that is the last three year, costco cas well. But understanding retail, it is momentum oriented and think of the phases, the jcpenney or the nordstrom or the macys that we have bone through in the 3 to 5 years, positive momentum, and then lose, and negative momentum, and you will see it with jcpenny, because they are incredibly challenged as a franchise, and macys is under pressure, and probably going to be reporting soft numbers, and not able to get back to the 14 e ebita margin. I bought under armour yesterday. This is a stock that is fundamentally, everybody own and loved, so it is all about the momentum, and guiding what the fundamentals are doing, and also the technicals as it relates to under armour, becausek the ni t wi technically it was washed out. And now, looking at the gains for the nasdaq and the s p as oil is getting a flip, and what is happening . For me, it is the financials. I think that the Asset Management side of the financial sto story is incredible pessimistic. Going back to zone, and everybody was pessimistic, and getting the information from the brokerage houses, everybody is giving up on the Asset Managers and the the books. Going to the rules. And the Asset Managers ability to gather, and so to me, Goldman Sachs which i bought this morning, and charles schwab, and the affiliated managers and amg, and these are the depressed franchises that have the ability for trade to go. And they have come along and the rin say that, because if you were on the show this morning, oil was negative and the market, from up 100 to up 50 or 60 point, and then suddenly we get a flip in the oil. Flip in the oil, and the markets start to rise to the upside. So it is oil leading the market, and no doubt about it, and anybody who says that the correlation is broken, where . Show me where it is broken. It is a cramer view as well. And the data that came out, it was supportive of a stronger economy, and better jobs, so that the speculation to today is that maybe the fed will go in june, and whether they do or not, i dont know, but right now, nobody is expecting that, and you have better data, and they are rallying, but we will see if it lasts. And so are we saying that the rally has some legs or momentum . Yes. Yes. Yes. And not that in days we were think, pab it is going to roll over . Who was thinking that . Well w you posed the question are we going to be rolling over or see a couple of percent correction which we have seen time and time again and the latter, a couple percent correction, and maybe not a full 2 , and then we go right back to work. If crude does not break, and it had a lot of reasons to especially after saudi this week, and the production levels and the fire being contained or reduced up in alberta, we had a lot of reasons for the crude oil to head back the other washg and it is moving marginal ly. And can we survive the technical break in apple . Yes, 92, and it was going to go to 80 or 75 if it broke th e there . Well, i own apple, and that is not what i want to hear. And it was an apocalyptic call. And what is ahead . Still ahead, down in flames, elon musk solarcity is getting torched, and jim cramer says that the stock is in first class prices. We will debate. And also, in allergan yesterday, we will find out if pete sticks with the trade. And disney earnings in focus, and the key numbers to watch when the Company Reports this afternoon. It is all coming up on the Halftime Report. Or jerry getting dumped every third tuesday. Jerry every third tuesday. We have Pattern Recognition Technology on any chart plus over 300 customizable studies to help you anticipate potential price movement. Theres no way to predict that. Td ameritrade. Man 1 i came as fast as i man 2 this isnt public yet. Man 1 what isnt . Man 2 weve been attacked. Man 1 the network . Man 2 shhhh. Man 1 when did this happen . Man 2 over the last six months. Man 1 how did we miss it . Man 2 we caught it, just not in time. Man 1 who . How . Man 2 not sure, probably offshore, foreign, pros. Man 1 what did they get . Man 2 what didnt they get. Man 1 i need to call mike. Man 2 dont use your phone. Its not just security, its defense. Bae systems. Billions are spent to confuse and, dare i say it, flummox the american public. Save 16 on Car Insurance. Switch now. Well at compare. Com, we say enoughs enough. So we constantly scrutinize millions of rates. Answering the question once and for all, who has the lowest. Just go to compare. Com and get up to 50 free quotes. Choose the lowest, and hit purchase. So you can get back to whatever it is you civilians do when youre not thinking about Car Insurance. Compare. Com boy, solarcity shares are scorched after the company missed on the earnings and cut the forecast. This morning, jim cramer called the Conference Call the worst of 2016. I had not heard these kinds of questions in my career. But bank of america, it says that, you have to love it. What exactly is the Business Model of solarcity, and then this guy ben kalala says, what is solarcity . And last week famed investor jim chanos told me why he is still short that company. The problem with solarcity is that they are losing the money on every installation and making it up on volume, and that is a problem when you are the levered Balance Sheet. I think they get in trouble in 2016. And compression call and a few days ago and the stock is detroyed. Over the last year, the stocks have been obliterated. Are they buys . Any one of these names . No, solarcity is not a buy. And we asked jim last week, and he correctly pointed out that jim hancock is not the elixir for the problems that challenge the company. They continue the grow the installments up nearly 75 last year, and yet on the other side of that, they cannot make money off of the installments themselves, so clearly a problem, and it is almost as if they are giving away what the product is, and that is creating a challenging environment to not grow revenues and i agree with jims position. And they are levered un. This is one of them. Unedison, and sun power down, and solarcity, and terra form 77 , and j. A. Solar, 20, and solar dead . Well, i dont know necessarily dead, but we talk about all of the time whether it is correlated or not, and again, i bring up the oil, and it should not be correlated, but it is. It is trading with the solar, and because of that, if you look at what is going on and talking about solarcity, with leveraging, it must be up there with the worst, and 40 short on the stock, and you have overlevered company, and to joes point, they cant make money. There is a lot of problems, and jim chanos did a good job to identify those. And there is an article out today, and im not sure who it is from termed it as solar coaster. We are at the bottom, and now we have gone up here, and down, and are we back up again, and is there a rebirth of the solar stocks, joe . Oil is going to 125 dollars again . H. Is that the only thing that gets it, and we have so many that told us that we were when we were talking about correlating it with the the price of oil, and solar itself, and that is the thenarrative, a that is the visionary, and you should not understand the new dynamic that relates to the energy domestically, and there is no correlation, and we did not understand solar itself, but we do, and your story is a complex one that is representing years ago for those of us telling us that there is no correlation, and simplistically there is. And so, the solar names are going to work again, and i would lump tesla into the conversation again, and to me many, there has to be a correlation of what is going on. And yes, a great correlation to have, but as chanos said on this desk with us august of last year, he called them a subprime Financing Company solarcity, and so, he, when judge and i had a dinner with him not too long ago and the stock had fallen by half from where it was at that time, and it had fallen to 30, and i said, jim, have you taken it in, and he said, nope. Down here at. 8 at. 16. 80 or what did take it, and full disclosure, i hope i dont take a hit on it, but i am willing to own it at 12 which is where id own it if it breaks down more, and should could, but it is a horrible stock, but i like it. From the longer term perspective, bookings have to stabilize. They can cut the costs all they want, but you have weak bookings, and no pricing power, and the ishb shoe with the oil, too, and from the longer term perspective, it is too early to get in. And you know who is not levera leveraged . Per solar. In term of the leverage you own it . Not at the moment, but they have the valuation. And they do the ins stalllation. Yes, which is different than the subprime financing. Allargan is on the mends with pfizer, and maybe the stock is showing signs of life. They the announced a buyback here, and this is what you are seeing with the 2. 75 gain. Is that what the doctor ordered . And plus, the wildfires in canada are rippling through the markets. We will see what supply disruptions in oil really mean for the price of crude. All right. For the trader blitz. Four trades on four stocks. Credit suisse is back up after reporting lower than expected. It is a 12 today and restructuring story, but focus on the wealth division, but not time to buy. And what is up with herz, pete . Miss, miss, miss and this is something they missed on the earnings and the revenue, and then you project forward, but it is back to april when they did it, and the stock had taken most of the pain, but you see it, it is not a buy now, and they have to show us something. And how much does uber have to do with this . Uber lift and all of that . Well, the various factors of people not taking in are starting to understand, and that is why the stock is near a 52week low. And you own allargan . Yes. You have been buying . Yes, painful since the break of pfizer and it is now my Largest Health care position. And what do you think now they announce the buyback . Well, it is good news in the quarter, and beat on the gross margins, and Free Cash Flow conversion, and the 10 billion buyback, and some in the next fife or six smonths, but it is Balance Sheet that is very levered, so i believe they are a winner this space. And pete . We didnt have a chance to do it on the show, and we did it later, scott, out there, but somebody was buying huge on the august 10,000, and selling on the august 230 call, and not just on the big news, but i was in the stock, and i believe it is going higher, and probably o going to hit 250. I want to make it clear that Everybody Knows what we are talking about, and it is allerg allergan . Yes. And now, zoetis where they may be cut back the position. Yes, doc. It is nearly triple volume, and again today, the stock is hammered as goldman just days before that cut them to excel as well, and time to be out of the way on this one. Okay. We do have something was said in my ear at the last minute, so sorry. Let me give you a check of where the stock market stands, because we are look at the biggest gains for stocks in a month. And we are clear ly in the high of the day, and the Dow Jones Industrial average is 17,905 and 200 points is better than 1 gain for the dow, and the s p is 1 gain, and crude oil, and is that continuing to be the story . The dollar is closely watched . The dollar is higher, and the materials and the financials are hi higher. Yes, and you talked ab