Agenda targeting what they call corporate monopolies and apple and the rock, what that Partnership Means for the future of content well start with earnings. The heaviest week of earnings season begins this week. 13 dow components. 180 companies are set to report. You can see the list right there beginning with google but all week long, mcdonalds, caterpillar, three of the fang names are this week alone. This is a week where it is one of those where i urge people to understand, its going to happen so fast you cant keep track of them. There are some, tomorrow morning, caterpillar, mcdonalds, wednesday night facebook is going to be gigantic because people have been buying that stock endlessly were coming into a week where the large cap stocks have almost all been up. Talking about united health. They were terrific if you get the same thing youll break out here you will break out only wednesday when the fed announces its bond disposal it stands in the way of what i think could be pretty food earnings dont forget a lot of companies are benefitting from the weaker dollar when you read the releases theyre no longer but like had we this, that, we could. And what you just said brings us right to a caterpillar upgrade today. Market reform. Price target 125 their thesis is that we see, they believe, a five year plan in september which on peak earnings times 13 or 15 b eventually 204 they are so high on the street everybody else looking for 480 and 2017 6 45 and 2018. You can certainly say if you put a premium multiple on caterpillar it could be much higher caterpillar has been in this range forever. Commodities are all stronger you could make the case that caterpillar with big cost cuts it could do it and this is probably a name because as caterpillar goes theres a whole group of stocks that go. This is one of those where there will be an ibm and a visa and anybody that makes a forecast this week will have to change it every night. Where do you stand on the need for financials to lead. Goldman is cut at ubs to neutral. They argue the street appears to be counting on a turn in revenue which they think is a big bet. In their words the optionalty here is not free. I didnt think goldmans quarter was nearly as bad as it looked because theyre not so surprised in equities. They referenced that we should go to Morgan Stanley but this has been a big drag. If jp morgan breaks 90 and goes into the 80s even though we have that resolution that could be very very difficult to come back for. Theyre all honest but chevron is a company that could say, you know what, 2018 is as bad as 2017 on friday they said 2018 will be good haliburton puts up a good number today. Theres so many cross currents we have commodities we have oil. We have the really, really big moving nationals with cocacola. Its going to be an exciting week but i think that each day youll end up where you were the day before except for for faang because if alphabet doesnt deliver a great number tonight people will start saying these stocks trade together. Even though they have as little to do with each other as cocacola and mcdonalds even though of course diet coke and mcdonalds is so fresh when it comes out. Jim mentioned the fed meeting this week. That, the imf cut its forecast from 23 to 21. Thats ahead of the fed meeting with the announcement at 2 00 p. M. Eastern time its being characterized as a place holder routers points out maybe this is a meeting in which they start to talk more about other Central Banks and how those decisions are influencing u. S. Policy. The imf is saying that we are being carried by other countries. This has been my thesis. The reason why i liked this quarter so much is theres so many countries that are doing so much better. So many continents that are doing better so you end up with, unless its a very particular kind of group, ppg, downgraded twice today because its a little weak. You get a nice tail wind from overseas when was the last time we had a tail wind from overseas . What that says is where to begin. I dont think the euro is done i dont think the euro is done a lot of people are starting to bet against the euro that could be a fools case. Interesting these pmis this morning, theyre market pmi second month of the slow down. I totally understand that theory if you go over the Conference Calls on friday, particularly the honeywell Conference Call which was extraordinarily good Conference Call. Theyre saying maybe auto is fine you interviewed terrifically theres a lot of commentary about maybe Union Pacific was too down beat and again i think i like auto. Ksu has a big upgrade today. What does Kansas City Southern do they bring awe toes up frawe to. A good read on how they think autos are going to be good reporting that bmw, according to some sources may have tried to fix elementsof their emissions. Now a slogan of a better deal. Democratic leader nancy pelosi offering a new details promises three new proposals, creating jobs, cracking down on monopoly and lowering the cost of Prescription Drugs. The plan would create the role of trust buster focused on scrutinizing big corporate mergers that would have the pow tore review mergers after they have been completed. This is going to build steam before the midterm. The part that builds steam is everybody wants pharmaceutical prices lower so maybe that so theres a lot of shadow boxing here and when President Trump did run against Prescription Drugs and that whole rhetoric just went away when he got with the governor some people would say i always thought he was the governor just from indiana. Watch for that in the Washington Post today. A few rough weeks as you know. Blue apron was trading down as low as30 off the ipo price bu a number of new initiations this morning helping him find a number here. All out with initiating bias today. Goldmans thesis is that growth will accelerate, 12 month target is 11. 1. 5 times eb to sales. Goldman by the way lead underwriter of that ipo. I struggle. These all read as if nothing has happened with whole foods. They read as if the day that the deal came public is what they were focused on. I think all of these analysts, with the exception of barclays that has a very kind of hold, all of these analysts better take into account that the world changed when amazon bought whole foods. Anyone in the sights of amazon is bad maybe theres something going on they may be not victims. They may be winners. His argument at the time was that competition, when youre creating a new category everybody who is involved is building the mass audience and that there are there may not be barriers to entry but there maybe bare yes, sir to scale. Theres 20 newcomb pet tos. You could argue it could be grubhub. They spawned a lot of competitors and they end up being the winners of come pet tors but they did not go up against amazon its true they created a category but then jeff besos said i want to be in this category every time you buy this stock if you do buy it youre going to get hit by a whisper of amazon as we all know there isnt anybody who has been able to say i amarikwason proof except for perhaps walmart which is not talking like that but i sympathy going to be able to make a very strong presentation saying we are no longer, no longer hostage to we are the brick and mortar play and i think that they are so im not, thats the only one im really im not jumping on the bullish train for apron and snap that fell to 1434 on friday. Market cap has been cut in half since march 3rd. Theres positive commentary about twitter today. One thing about twitter is people dont expect a real come back but they do say, you know what, and this is my friend and he, i know hes the guy i talked about with netflix well, i mean, President Trump has a lot of friends he goes into meetings with people he hates and said my best friend and anthony is talk about being a brother of him and modest top line growth expected for twitter and that would be kind of neat yeah, twitter earnings thursday i believe. I think that twitter is going to make a presentation that if the stock is above 20 its going to be tough. Because its really had a creeping up move but sit twitter in many peoples minds and i think that twitter is starting to get a little bit more traction they better Start Talking about the president because, you know, they never reveal what the numbers are when the president tweets and the president is going crazy on twitter this morning. So you would want a break out of how his engagement effects. They have always when you go meet them say listen we have lots of politicians who talk like honestly i this h this meeting but theres a mayor in spain that generates a lot of tweets guys stay focused. Mayor of spain and President Trump. I have a column devoted to President Trump and hes probably the guy have to read the most because he tweets more than i do. If he tweets that nvidia is going to be up today, the guy is commenting about crooked hillary and im sitting there trying to do my job and then bingo he tweets and you have a onetwo punch. Yeah. A couple of people from high school were friends with him in high school. Apparently hes had the nickname since 1978. Wrong i was with two people calling him the mooch in Elementary School one of them said to me, we called him the mooch back then i said oh man that tag lasted. Is there anyone that didnt at one point have some relationship with the mooch there he is. Very statesmanlike. As youre even speaking the president tweeting right now about sleezy adam schiff the totally biased congressman looking into russia. The crooked hillary thing thats kind of a, you know they do throw back thursday on that show, like at 3 00 a. M. . This is kind of like throw back every day. The krookd hillary, at one point lets say three years into his reign, if he still does the crooked hillary well be thinking about other hillarys and maybe Academy Awards and good actresses named Hillary Hillary duff it could be anybody. At a certain point he has to let go after that hillary. When we return the rock and apple coming together. Well fill you in on that. Also ahead its amazon the Regulatory Risk for besos under a Trump White House. Take another look at the premarket for earnings on the hill Central Banks, crude, more sqwkn e re cties what happened . Dad kinda walked into my swing. Huh . Dont you mean dad kind of ruined our hawaii fund . I thud go to the thothpital. There goes the airfair. I dont think Health Insurance will cover all. Of that. Buth my fathe without that cash from aflac we might have to choose between hawaii or your face. Hawaii what . Haha. Hawaii you might have less coverage than you think. Visit aflac. Com and keep your lifestyle healthy. Aflac oh hey john, im connecting our brains so we can share our amazing trading knowledge. Thats a great idea, but why dont you just go to thinkorswims chat rooms where you can share strategies, ideas, even actual trades with market professionals and thousands of other traders . I know. Your brain told my brain before you told my face. Mmm, blueberry . Tap into the knowledge of other traders on thinkorswim. Only at td ameritrade. Thats why at comcast were continuing to make4 7. Our services more reliable than ever. Like technology that can update itself. An advanced fibernetwork infrustructure. New, more Reliable Equipment for your home. And a new culture built around customer service. It all adds up to our most Reliable Network ever. One that keeps you connected to what matters most. Apple is releasing a new video ad for siri this morning its featuring dewayne the rock johnson. I found ten reminders. Thank you very much. Hey, give me a ride to lax. Can get you a lift in 60 seconds. Do you mind if i drive . I know a shortcut . Whats the temperature in roam today. Its being used as a push to original content siri has been mentally overrun by alexa so maybe this is a way to get back into the consciousness. Alexa solves a lot of my problems siri sets my alarm i like this. Sometimes i feel that apple feels, you know what, we dont need to do anything. Whether it be original content or whether it be this. You know what, if alphabet feels the need and if amazon feels the need, i like apple being in the fray i think this is good siri has become a bit of an after thought for a lot of people i deal with. In terms of Brand Awareness alexa came out of nowhere and took a poll position. Netflix Conference Call by the way, we really should have gone hit it again and again and again because really what theyre saying is, you know, were at the festival and we have movies in south korea and hollywood cant do what were doing. At the same time, dunkirk may have created a buzz for imax which has been down. I have been watching Entertainment Properties epr thats been going down because of a relationship they have with the chinese owned amc and i think that thats probably wrong. When you go to these new theaters or go to the theaters where you can order drinks and have dinner, that is just the savior in that industry. I have to tell you that i just love it. Im not alone. Those seats get packed i do think that imax is going to be down so much. Its a big chunk of twnd box office well countdown to the opening bell on this monday. Dont go away. We, the people, are tired of being surprised with extra monthly fees. We want hd. And every box and dvr. All included. Because we dont like surprises. Yeah. Like changing up the celebrity at the end to someone more handsome. And talented. Really. And british. Switch from cable to directv. Get an all included package for 25 a month. And for a limited time, get a 100 reward card. Call 1800directv. So thats the idea. What do you think . Hate to play devils advocate but. I kind of feel like its a game changer. I wouldnt go that far. Are you there . Hes probably on mute. Yeah. Gary wont like it. Why . Because hes gary. phone ringing what . Keep going yeah. laughs voice on phone its not millennial enough. There are a lot of ways to say no. Thank you so much. Thank you so were doing it. Yes start saying yes to your companys best ideas. Let us help with money and knowhow, so you can get business done. American express open. They came in at 979. I got Brian Goldman on tonight often times this stock has been slammed and it shouldnt its been one of the great performers it has its own movies, its own tv and a lot of that is going to come in the third quarter. This might be a buying opportunity. Im not saying you bought it here, okay listen i get it. But listen tonight he is often told a terrific story versus the print numbers this is a Conference Call must hell be on at 10 00 i would not take action until i listen to the call. One reason to tune in we should point out 39 in a year 50 since the beginning. Its been amazing a lot of this old games. Some people are saying some playskool numbers werent that strong but talking about monopoly or whatever they have a lot of my little pony and hes incredibly resourceful. Do not say i guess hasboro is finished thats a mistake that many people made in the last four years. Jim has got them tonight on mad money. Well get the opening bell in a couple of minutes. Dont go anywhere. Hey. Pass please. Im here to fix the elevator. Nothings wrong with the elevator. Right. But you want to fix it. Right. So who sent you . New guy. What new guy . Watson. My analysis of sensor and Maintenance Data indicates elevator 3 will malfunction in 2 days. There you go. You still need a pass. Busy week for earnings. I saw it 191 but trust me its the busiest week and thursday will be the single busiest day. Yeah this is a week where you go home and you listen to a day as well. That was a good quarter. People understand that the bandwidth of those that make decisions about money is not able to comprehend this week lots of mistakes made. Lets get to the opening bell the s p at the bottom of your screen celebrating their 10th anniversary at the nyse. Hib bets sports here at the open, jim. Its a Sporting Goods company that is more regional but people know them as a pretty big alpha. Declining sales defeats 10 . Thats really extraordinary. The climate sales along with significant pressure on gross mar jins result in a loss well look out dicks Sporting Goods because these are competitive. Foot locker will be down a lot too. I dont think they are as competitive but we in the shoot first ask questions later and this is just a plain old bad quarter. Specialty retail. Retail doesnt end. Every time you try to bottom fish in retail someone says were getting crushed in retail. Thats why i suggest take a look at suppliers to retail i think that under armour got a lot of very good publicity this weekend because i think people were riveted to the british open under armour was there theyre making a very slow come back but kevin plank has been absent i invite kevin plank to come on to talk about the momentum that is building for his company which i think is bad. That was a good quarter that stock has been frup 53. Its been a quite move up but this is again an affirmation that perhaps the suppliers to retail are not being hurt by amazon maybe theyre even helped by amazon witnessed how much we liked nike when they partnered. A very strong business in europe anybody thats been to europe knows they are an incredibly important part of the fabric of the great avenues of europe. You see their stores everywhere so lets not akwat thquait them macys. Its up 2. 5 . Beats by 6 cents they do raise their guide and i think people say wait a second do we want to touch ghaicthat we believe these are merit less and well defend ourselves the stock did fall about 3 points after that. A global role which is the area, global role its up but the margins were up. They had very strong engine growth arrow up 9 . Thats the business that we are, i think im very focused on, they make a lot of parts for say united technologies. But its down 4 overall, remember, it doesnt really have a ceo and as an acting ceo a