24 Burst results for "Tim Seymour"

Breaking Down the Busiest Day of Earnings, and Whats Next for the Markets

CNBC's Fast Money

04:33 min | 4 months ago

Breaking Down the Busiest Day of Earnings, and Whats Next for the Markets

"Well the alphabet bouncing back in the third quarter among big tech. Of course, it has been the underperformed the pandemic. Now, seeing outperforming the after hours core advertising revenue returning to growth after its first revenue decline in more than two decade history that was last quarter key is what the company sees going forward. On this point they didn't really give us much CFO port telling me that they did see a broad recovery and advertising this past quarter, and that was in line with the economic recovery. But she said they're still uncertainty on the call. She said that there are signs that user behavior is beginning to return to normalize levels everything else guys was strong from Youtube revenue to play to cloud which revenue forty, five percent going forward. Co. Sender. said that they will further breakout cloud as a reporting segment so that investors can track aggressive investment and progress. Of course that reflects clouds growing importance to alphabets, overall business, and perhaps the competition their lost the guys I would just note that there have been at least two questions on the DOJ lawsuit and increased antitrust scrutiny which has been building around the world back over to Melissa Deidre. Thank you. Depot with alphabets results, Tim Seymour. This as Deirdre had mentioned had been the laggard going in among the big tech science for the year, a laggard versus its peers laggard, versus the Nasdaq are we setting up here for? Dairy. Say a Golden Age for alphabet. Well, the profitability I look at the the the massive beat here on the bottom line is very encouraging for Google shareholders who've been a little frustrated and yes. If I had to sum up earnings of the big four here, there's no question that the response to the share prices is is a function of really where these stocks have come from not come from. I I love the fact that Youtube is now five billion dollar business. I think that's going a lot higher the fact that the cloud is three point four billion to me breaking out, and if you look at all these separate businesses in addition to the core search Juggernaut, which is showing no signs of weakness at growth backup close to ten percent. So yes, Google is way too cheap at a time when the three other copies were. Talking about and even facebook which struggles on the low end evaluation scale have re rated and Google has not and Google really I think took a major step here, but it's about breaking it out too bad transparency and I think that's part of what we're getting there I mean the saying that it will from this point on breakout cloud gene seems to be a very good sign a sign of confidence in the growth of that business. It is I think it speaks to a bigger opportunity with the stock. We talk a lot about search. We talked a lot about cloud breaking out. Cloud is an indication. You know they WANNA get more at illuminating other parts of business, and of course, there are other beds. This is not above the fold and the. Today but I think any investor who is buying Google right now should pay close attention. They've got some gems in there. Other pets around longevity around the future transportation sensitive in flight, and so I think about this the numbers it's nice to see the swing back in the growth rate snap back to a normal level for Google, but I think it sets up A. Very. Simple. A narrative around Google, which is stable core business and other beds which could provide some upside of the multiple years to come Karen I, want I want your take on Alphabet I'm wondering if this confirms, we already believed about the company and its valuation or if this makes you feel like it deserves an even higher valuation than you. Thought Twenty four hours ago. Feel like Mike Pence. There was just a fly there I think that it does deserve a higher valuation remember Google has one of the biggest cash hoards ever and so we saw a little bit of by back here. I think about maybe about eight billion I'd like to see them do more but this is really a validation and remember Google has much more exposure to the travel business obviously travel. Is. This is not where you want to be right now, and so I think that they're going to continue to see improvement it should be higher. It's actually been surprisingly weak. So if I didn't own any, I would probably buy some even up. It's hard to buy something up this much but I would want to own it because this is an extraordinary business and there's a lot to like remember this. Is An. Evolution when Ruth pour out, got their sort of grown up and then she started to show broke up the two businesses. We started the at more clarity will get some more on cloud. So I really like this

Google Youtube CFO Tim Seymour DOJ Mike Pence Facebook CO Melissa Deidre Deirdre Ruth Sender. Karen I
"tim seymour" Discussed on CNBC's Fast Money

CNBC's Fast Money

01:30 min | 4 months ago

"tim seymour" Discussed on CNBC's Fast Money

"Ago. You said Zeilinger great takeover target. So given this wave of consolidation in the chip sector. What is the next target? You know an annex. I mean that's a great question I. You know I see you put me on the spot without when I can't answer I can't answer this though on and I'm not gonNA, make any friends saying this but it comes down to management. It's sort of like in the NFL draft, the aggressive GM's move up draft to get the player they want and other people sit back and wait Intel's the GM that sitting back and waiting and nothing is coming to them and Lisa sue as GM that's moving up in the draft to make acquisitions and their crushing Intel I mean just look at the ASPCA average selling price year RIA for data Senate Intel it's disaster. I used a couple days ago, use it again now, and in the would you rather game even though amd's had a huge run I would rather amd here still and I think Barclay's just slapped one hundred dollar price target. So I'm in the Lisa, sue amd camp for sure Melba. Acquisitions you. I exist as an anchor as a host of this show. Why? Would you rather absolutely infuriating on a Tuesday Tim Seymour who has his hand politely up. Yes. Absolutely I raised my hand and I follow orders and Mel could you ask guy now one, the power lunch stock drought last year. Was it tim. Seymour Seymour Alpha. Nine actually..

Seymour Seymour Alpha GM Lisa sue amd Tim Seymour Intel Zeilinger ASPCA NFL Melba Barclay Mel Senate
"tim seymour" Discussed on CNBC's Fast Money

CNBC's Fast Money

03:09 min | 5 months ago

"tim seymour" Discussed on CNBC's Fast Money

"So we thought it would be the perfect time for a little game of. Or drop it retail addition. So let's kick things off with Costco. It hit an all time high today a chairwoman, shop it or drop it. Yes I would actually drop it and the reason is those numbers were so great those. Sales. At sixteen point seven X X. Gas was fifteen and a half those are fantastic numbers and I wonder, are they pulling forward and if those numbers were that were in the stock only reacted like this imagine if they don't beat by a lot what could happen to the stock and it's expensive for itself relative to its own history. On on what you say. I hate to disagree with Karen. Maybe I should recheck my numbers here but I'm shopping it. So. You know when I take a look at this when I take a look at what's going on right the move from urban to suburban areas I think that bodes well from Costco which you've seen from a lot of these retailers as the per per ticket purchase item or the aggregate amount spent for each visit is continuing to increase, and then if you really get into the numbers, right this company continues to have robust free cash flow manageable debt around ten, million, ten, billion or so. And it's just really strong financial situation free cash flow of six billion cash on hand if thirteen, billion and manageable debt of around ten billion. So I think the company's position pretty well here. All right. Let's move onto estee lauder also hitting an all time high today. So Tim Seymour shopping or drop it. Yeah like? I'm all about beauty I mean I'm shopping. US wanted and if you look at this first of all, we just broken out to all time highs. A lot of this is coming global a lot of China's strength to China demand story that Delta on essentially their growth is coming not surprisingly, but it's back and it's back in Asia. I think. The here are strong evaluation once again, not terribly attractive, but I think if you look at the margins in the accretion that they showed last quarter, that's what's giving the stock the ability to rate. I know God that I thought more than once. In the past however many years tim is all about beauty I mean that that just it comes to mind it comes to mind guy what do you? What do you make of Estee Lauder? Well when you have those steely blue eyes like he has I. Mean of course he's all about beauty but I would I would I I don't the rules in sports when you're shopping a player, you're looking to get rid of him. Okay. So when you're shopping, you're actually Looking to purge, but that's neither here nor there I would rename the game number one, number two I would drop estee lauder like it's hot just take this into consideration Goldman Sachs had a sell rating on the stock at the end. Of September, they upgraded it to neutral I mean they finally caught up but valuation is ridiculous I understand that China growth, but they better sell a lot of eyeliner because to grow into that valuation, it's going to take a lot mouths. In that entire monologue that you just gave that you didn't say anything about the Christmas music. At the top.

estee lauder Costco China US Tim Seymour Goldman Sachs Karen Asia Delta
Wall Street Week Ahead: After monster rally, investors cautious as U.S. recovery wobbles

CNBC's Fast Money

07:45 min | 5 months ago

Wall Street Week Ahead: After monster rally, investors cautious as U.S. recovery wobbles

"We start with that monster rally on Wall Street today the SNP up more than one and a half percent and the Dow jumping over four hundred points. As you can see there, the Nasdaq also up nearly two percent leading those markets, higher energy stocks, financials, and the small caps as well. Investors appearing hopeful a new deal for stimulus is coming down the Pike but markets are still down significantly for the month does today's action give you a reason to perhaps be more optimistic and for that perhaps I I will turn to you first. dominated. Welcome. It's always wonderful to have you on board got a bonus hour with you. So that's fantastic and you know I think the answer. Your question is yes but you can't say that in a vacuum something we talked about over the last couple of weeks was you probably see a short term market bottom on a day the market sells off and the volatility index sells off with it and you actually saw that. Over a few days, NOP can speak to this vicks topped out around thirty six, and as the market was selling off, the VIX was selling off down to the twenty five and a half level that gave you a pretty good indication that maybe we were going to bottom. I mentioned that because one of the things we said now for a while off that low that we made a week and a half or two. Weeks ago the obvious move at this point was probably a moved back to the prior all time high of thirty, three, ninety, three that we made back in February and Steve can speak to this because now does that make sense for that reason it also makes sense because it would be a text book, fifty percent correction of the recent, all time high and the low. We made a couple of weeks ago. So the. Answer is yes. But let's see what happens when we get there and when I say when because I do think we're GONNA rally another forty or so snp handles. All right. So Steve, let's bring you in because guy teed it up for you. There is this level is this a market right now the action you've seen that makes you feel as though you're comfortable being long comfortable putting new money to work right now. So I know everyone wants to have that gut instinct of being positive on the overall market and this market has shown you nothing. But positively, because that gap tom is closing from the corona bottom to when we finally actually restart the economy. But you talked about a couple of levels, fifty percents I'm sorry, the fifty day moving average I heard you talking about today on air thirty, three, fifty, three. So we closed right around that level that's why people are keying in on that level where did we bounce from the hundred day moving average which was thirty, two tech? So this is technically A great set up to play it for a bounce. But the problem is we still have what the problem was. We have an overbought market granted. We work that awful just a little bit. But what has been the most overbought the tech space the most bloated names, those six or ten names that we all focus on. Doesn't mean that. Have not. Rally doesn't mean that other sectors have doubt rally. But it's time to take a pause because the market and the economy or two totally different things. A lot of volatility going forward the biggest thing for me dumb month end quarter in this week. So I heard. I heard it was mentioned prior to us on closing bell I still think it's a big deal I. still think people were under weight energy. We had emanate today I still think people are underweight financials. We saw those rally today what sold off what rallied into month and I think that's what you have to keep an eye on. Let's see if it lasts a week or so Tim Seymour over the last week over the last five days of looking at our screens here it says that the big one of the bigger cloud computing. Is Up over three percent semiconductors that particular ETF the ticker SMH look at a lot is up over three percent right now for five trading days, we also saw financials and energy to Steve's point lead the rally today. So those are two different parts of the market both assuming some kind of leadership role does that then mean that there is this kind of all clear signal, the bad and the good are going up at the same time. Downgrade having you getting me to say you've got an all clear signal is something that's tough to do But I I hear where you are, and if you look at the triple cues and the Nasdaq one hundred, you've rallied almost six percent over three sessions. The semi's which they have multiple times over the last couple of years and certainly coming out of the worst dacoven to have have certainly been a leader and something to follow it. In fact, they've they've kind of lead the way. So both of these are now back over the fifty Todd Gordon will be your to talk some. Of the technicals and a bit, but you're talking about the broadening of the market and to the extent that maybe you're excited today about the move in retail and in small caps and along with that with the banks, and if you look at the European banks were up over three and a half percent. So these are the parts of the mark that I think people wanna see the good news for all investors. So back to at least where you've had an all clear and where I don't think anything has changed is the guys who talked about some oversold conditions I have to do that I. Think. The Nasdaq can contract can correct further down and I I mentioned kind of those late June early July levels but the Fed is still very much your I think the payroll numbers this weaker are going to give you some sense of where the labor market certainly is going to need a lot more fiscal health than just with monetary policy is but I think you've got a case where you've at least seen parts of the economy. Especially, the transports give you a lot of reason for confidence in terms of leadership and they lead you on the way down from two thousand, eighteen to. Twenty thousand nine hundred and transports have been outperforming the market for the last almost four months now. So many key bellwether esque type parts of the market that we're watching right now. So I'M GONNA turn now to Pete and Jerry, and I know that you're on the news line with us right now at CNBC let's talk a little bit about what you're seeing in terms of trading action there is there something that makes you feel as though this is a constructive environment or are we do for a little bit more consolidation perhaps even some more discount pricing in the coming weeks ahead of the election. Well I certainly could see the consolidation side of it. Tom. This. Also though in the derivatives world where I live I gotTA. Tell you something a lot of bullish activity over recent weeks and and it just continues to come come in now A. Lotta that short term today we are seeing a little bit longer term type offer. Options that we were seeing whether we're buying in major indices. So I'm not even just talking specific names or whatever. I'm just talking about indifferent indices across the board we're seeing some buying. So it felt like a bullish tone potentially, but not as much short-term as we had been seeing that makes it a little bit more interesting because it's very easy to sit there in the very short term in. This movement that we are seeing but to commit to buy those kind of premiums that you've got to to be able to go out to January and December that says a lot more about what the what, what they really are feeling those very large buyers out there in the marketplace. So volatility guy brought this up and I just have to address this real quick volatility was selling off all day. It was doing early then it started to sell off. We actually nearly closed on the absolute lows of the session, which was pretty interesting to see how that volatility index was coming down as market came down from being up five hundred down to four hundred yourself. A lot of different things going on right now. But certainly, there are sectors that I'm impressed with the do lead us a little bit. More so out where we have been recently light transports like material and a few other names I like seeing what we thought financial today. But that's one day. We haven't been able to see financial foot back to back to back days together for a very long period of time. So that nothing I think we got to watch very very closely. All

Steve Vicks SNP Tim Seymour Todd Gordon Underweight FED TOM Cnbc Pete Jerry
Walmart’s stock rises 7% on report of Amazon Prime competitor coming this month

CNBC's Fast Money

04:20 min | 8 months ago

Walmart’s stock rises 7% on report of Amazon Prime competitor coming this month

"Check shares of Walmart surging today and reports at the retail giant is about to launch its Amazon prime competitor Walmart plus recode reporting subscription service will launch a ninety eight bucks a year offer same day delivery of groceries and other products and set to go live later this month on Karen. This would be huge and I wonder if this would be. Competition for Amazon or maybe some other retailers big box retailers. I think this is competition for Amazon, and I think Walmart has sort of leading the grocery business, so I really good for them for trying to capitalize on what they've been able to do during the coronavirus shutdown and I think. They've done a really good job. Getting that online business going and I think to really be aggressive here make sense as a target shareholder. It actually has me thinking about you know what maybe I would rather be in Walmart now instead of target. It's a little bit more expensive, but I want to give them the benefit of the doubt for what they've been able to do I. Wonder if finally that Walmart Amazon Enormous enormous P. E. multiple divergence might start to narrow just the tiniest bit, but I think for target. Maybe this is another same day competitor beside Amazon. So might target need to do the same thing, and might that be expensive for them so I think that at the premium that Walmart is to target It's worth it to trade into Walmart here all right. Let's get more about this potential subscription service and what? What it could mean for Walmart joining US Oppenheimer's refresh, Parikh refresh great to have you with us on. How how do you view this kind of service? When it comes to Walmart, I mean if you take a look at Amazon's business for instance, this is a margin business. There are lots of costs involved in terms of the infrastructure to do all these sorts of deliveries, especially to our deliveries with this be a. Positive for Walmart. Yeah, so I. DO think it a deposit, so they look at this offer anything it's for for Walmart's both defensive and offensive move so clearly on the defensive. Amazon rolled out free two hour delivery lay last year to all their prime members. I think with this offering now. Walmart can better compete with Amazon, because they can also offer that free delivery, and then I think in the offensive front now having same-day delivery similar to a counter thing, I think other players such as target I think. Walmart can take from them, and you know on the grocery side. If you look at your pure conventional Grocer Kroger, they don't offer free delivery currently. I think this is also played. Garner more here in the grocery category according to this report from recovery, Pash another offering that will be part of the subscription video entertainment. It sounds like they could be going down. This rabbit hole potential spending and I'm wondering if this may be satisfies, no category of shareholder. Maybe you lose the value shareholder. Who might be in Walmart, the steady. Steady earnings and dependable. Performance and you don't satisfy the growth investors who are looking for something like an Amazon. Years. I think that that for the offering is still very unclear I. Think Walmart is more likely to partner with someone on the video side versus invest billions of dollars in creating their own video service, I would expect their partnership and some type of asset light type arrangement still unclear how they're going to go about doing it so I think that's really gonNA. Be Down the road I think I. Look the launch. The offering discounts and overtime allow these type of for to make it more attractive. Tim Seymour. Thanks for joining us what what multiple because we talk about Walmart Dot Com, and if I think about. The ability to move more of their business to e commerce. We've seen in Kobe. They have a richer online. Mix some of these food trends where they compete on price. They're only getting better, but it's the DOT com multiple. What do I do with it? Yeah, so from multiple perspective you know Walmart is trading at an all time peak valuation mid twenties on on a P. Basis. We think this this is a hit and you start to get more subscription type revenue. He actually start to gain. You know more secure customers in the market. I think then believe that they're more likely. Likely to gain a greater share of their customers, wallet I think he could further multiple expansion from here, so it's really interesting. Walmart's I mean you look at the stock is trading at the same level as trading in late March and you know since then the market has changed some of the Higher Beta names and Walmart is really been left behind even after this rally so I think at these levels. You really not paying for this for incremental offering and I think from here as investors look for defense, I think I, think you will see money start flowing back into Walmart shares.

Walmart Amazon Kroger Kobe Tim Seymour Karen Garner Partner Us Oppenheimer
Financials broke a record for the first time since 2007

CNBC's Fast Money

02:48 min | 1 year ago

Financials broke a record for the first time since 2007

"You're flagging big move for the financial. Yeah so for the first time since the crisis assists actually since two thousand seven X has hit a new high so it's taken almost twelve years to get all the way back up here and one of the things interesting is a a lot of people. Want to buy a breakout. And there's nothing wrong with that but if you look at where the yield curve was when the financials atip topped out back in two thousand seven two thousand eight it was as flat as it is right now and as the yield curve restrained the financials actually sold off. So don't be fooled by financials breaking out out and saying hey wait. A second of the yield curve Stevens again. They're going to do really well if you look back at history. They don't tend to do well. And actually it's because when that re steepening in comes that's when you get the potential for a recession so I think that's a real good point. I would make a point though that when the the banks actually when the yield curve inverted back in two thousand seven entity there you actually saw two thousand six to two thousand and seven you saw that the banks actually outperform during that period which was a prelude to a terrible run. I'm not suggesting that now. I think what what makes now an interesting time for banks is that banks are back to where they were pre crisis in terms of capital distribution so in terms of dividends in terms of their ability to do buybacks. Remember those that last round of stress tests even. JP Morgan almost tried to fail that test because they wanted to be as aggressive as possible. That's what's bringing back. I think big institutions into the sector. Because they can then pay proper I think you you look at the run that we've seen in these banks. It was tax cuts and deregulation. I think that's run. Its course we're not going to see any more of that. And to your point that was picture-perfect today. They capped out exactly the same spot where they did back. Then so I do believe you have to have a perfect world setup and these returns have been great this year. I don't know if they could replicate these returns going forward though. Yeah I would. Just be cautious. I mean it doesn't mean you sell short doesn't mean we're going to have a banking crisis. I just want a lot of people. We'll see something break out from ten twelve year highs. They tend to want to buy that in this case I would use some caution. I don't I don't want to sort of beat the same drum Tim Seymour. But this report move we got one hundred fifty billion coming in on December thirty first one hundred and fifty billion more coming in on January second three hundred billion dollars being put in the overnight repo market. I know it's Wonky guys but this is a big story. Some people think it's nothing some people think it's a lot. Where do you stay? I think it's a lot and I think we talked about this on the this show. In the last couple of days we talked about this yesterday I think you have a case where this type of liquidities two things one is it's actually flooded liquidity to the market. It's also pushed down volatility. Push these people into the market. This is a risk remember because the minute the Fed starts unwind this. They tried to tell you this was not this was not acute. QE again it was stealth QE and it's real and it's been important for the Equity Market

Jp Morgan FED Tim Seymour Stevens Three Hundred Billion Dollars Ten Twelve Year Twelve Years
"tim seymour" Discussed on CNBC's Fast Money

CNBC's Fast Money

05:57 min | 1 year ago

"tim seymour" Discussed on CNBC's Fast Money

"Doesn't work. GM doesn't work so it's clearly saying there's still something wrong with this picture. I think if you're GONNA play autos by Toyota don't buy four when when you look at the vehicle it's obviously it's a copycat of Tesla's vehicle. There's nothing that stunning that says. Okay I need to have that. Over Tesla Vehicle Geico test is still made it cool Mustang that Mustang. Let's say the car looks Carlex. Nice but the Model X. is what everyone's everyone's chasing this is the price point of the model three but I still think Tesla fortunate way ahead of this and that feel like they're they're way behind even the GM speaking of Electric Vehicles Tesla has been on a recent hair. And if you're loyal viewer of the show you know that Tim Seymour has been short the stock so how exactly athlete is he navigating this trade time to go to trade school classes and sessions. Tim Want you break it down for us. So I I just want to talk a little bit about how someone should think about any short. And then specifically how I've been thinking about Tesla ultimately advocates. Here where timing is essential and as we're going to get into this. I'm going to show you where on a chart. I thought Tesla which you'll get a five year chart really didn't do much and also had this period but it wasn't until really January February of two thousand nine hundred nine that you started it opportunity. We'll get into that. Remember size your position this is also so really very important so how going to put the short on for many people short is more of a hedge than it is a tactical short a tactical short folks To me should be a two to three percent position. Maybe four present position if it's very high conviction if it's a hedge it's a totally different ballgame and then finally define your risk so to me. It's very important to to understand how I'm getting my short exposure and in the case of Tesla to me a majority of this position was put on through puts where I thought I could be much more tactical but more importantly define in my risk for a stock that I actually think really is a very difficult one to bet based upon fundamentals. And frankly we've seen the irrationality of the stock on the way up in the way down. What it simply just WANNA share with five year chart is you had a dynamic here where clearly for the most part you had this move? I've been look you've been watching this show. I've been negative on Tesla for a long time. I didn't me necessarily felt the need to go get into the market and actually short it. I probably just told you that I thought the valuation was awful. I didn't understand why people weren't talking about competition for that. You had a dynamic world to me. You were going to get I think some rerating in the share so finally. Here's where I decided to get involved in the trade and where I felt it was time to actually be tactical tactical and take a thesis thesis that I had was really that we're starting to see Destruction some fallout some flaws in the balance sheet. And as you remember somewhere around here when we got q four earnings of twenty eighteen is when the stock really starting to come under some pressure for me. I started somewhere around March putting putting some puts on and I took a small short position in the cast and ultimately by March as we got into April you started to see an acceleration of that as we got into first quarter orange. You GotTa dynamic where people were really able to get in this so puts I think you have to trade them very aggressively. None of you need to find your risk but you actually have to trade monthly puts and trade them actively as we got into April and May it was a case where at 175 I thought Tessa was a company that was actually maybe going to wake up one day and tell ah they're restructuring and right around here I bought one seventy five puts and rolled them down to one thousand five as they got money. Ultimately you have a case here where where I think it was a company that somewhere around here I thought maybe it was going to break and I wanted to be aggressive. The cash short is something that I still hold. But if you look at the average position it also gets to a place where you've got it really a ten to fifteen percent loss in the underlying But that's a function of mostly playing at tactically through puts and then having cash short. When I look at I look at this run for the last three months ultimately? Where do I WANNA be? Well three seventy is the level that I think I have to be watching. And where I it would probably be blowing out this short. But I don't think we're going to get through three seventy until we hear from the company on q three and q two where's profitability. Where's the company in terms of the balance sheet that last quarter but showed us a lot of opportunity but at three seventy? That's where I think it's important to say cash position which is about one third of the overall is time to go so I think it's very important to him to underscore the point that you can be short this stock and depending on how you do it just because the stock is up forty percent in the past month so that doesn't mean that's how much you're down on this trade. Yeah so as I said I was pushing the stock somewhere around one eighty five two hundred Dr momentum behind me and I was pushing it through puts those rolling down and trading pretty actively the cash position that I've held as one that To me also allowed me reinforcement of my underlying but yeah I think if you look at my average position I'm probably around three ten three fifteen overall exposure in the stock cash and puts and I think at the three seventy five if we get different news from the company. I don't need to stick around and wait to this. I still think it's got enormous fundamental issues. But I do think it's case ace where you don't need to stand around and wait for that higher lower over here. I thought lower swamps Tim Scam Jeff raise the price talking to four hundred. I think your catalysts could come in the form on November twenty first going to roll out this sidetrack. Cyber truck can't wait for that. That's I mean so we'll see I mean that's the level that we saw three seventy five. Ish was lovely June. Two thousand seventeen. I'm with Tim. Obviously the cash flow position has improved. Which is why the stock is going up? One hundred dollars a month and a half two months. But I think it's over excuse just quickly away higher and I think there's higher that the Tim's rule don't marry shorts and watch the debt and the debt and Tesla has improved here coming up wonderful retailers falling out of Fashion Shen with Wall Street today which names are not so hip and is it time to buy this dip plus chip socks on a tear this year in the options market betting one is about to break after fresh.

Tesla Tim Seymour Toyota Carlex Ish Tessa
Renault looks for new partners, third-quarter revenue falls

CNBC's Fast Money

04:32 min | 1 year ago

Renault looks for new partners, third-quarter revenue falls

"From the Nasdaq market site overlooking New York City's Times Square this is fast money I'm Melissa leak are traders on the Tim Seymour Karen Finer than guys johnny we're also joined against night by Markelle presidents have strategic wealth partners the busiest day of the earning season is officially in the books and there are a ton of after movers these in tally at all on our radar tonight while the very latest from each on their quarters but we begin with these stock to walk from the after hours that would be Amazon the tech giant falling hard after forty earnings miss we've got fourteen covered standing by to break down the results fast hunting gene monsters getting ready to fire up the old red phone in Minneapolis we kick things off with Warren Amazon's big conflict in his life for us in San Francisco Josh so Melissa besides the bottom top I've seen investors going to concentrate on this Q. Four guidance it is light calm between eighty six point five billion this shoot was eighty seven point four billion obviously for investors that's critical right cue for holiday quarter I did just have a call with Amazon let's see if O'Brien immediate call there are some one time items he did mention what you're going to weigh on on Q. Four just for example he mentioned a consumption tax kicking in Japan went from eight to ten percent that created some pre buying in his words in September that will have a net negative impact in Q. Four but the central question for investors is going to be the bottom line guys that was well below with the street was looking for on that call field a lot of questions about that is it all one shipping and he made it clear they are investment mode they do believe that's where they need to be there's a lot of cost in the short run he clearly believes that's where Emma Zahn needs to be and he says there's the evidence that it's paying off very good increase he said and purchase behavior from prime members thereby more products more often but obviously weighing on the bottom line. Aws I talked about that too with Mr softy listen it came in growth rate thirty five percent that was a sequential tick down nine billion that's a lighter than what the it was looking for guys at Baird I know we're looking around nine point one billion I did question about those some growth rates he says bottom line they're happy with the progress it's on a thirty six billion dollar run rate up nine billion year over year aws's says leads the industry and features in products not worried he seemed to indicate about these fluctuations quarter quarter Melissa back to you all right josh thank you we'll check back in with you with any other developments here let's try Amazon urine obviously going into this quarter expenses were the primary concern as always Amazon operating expenses grew faster than sales growth which I think people anticipated obviously not as much because the stock is down significantly in the after hours but if you look at it it's not it's not disaster that I think people want to portray yes I mean the growth rate in aws slowdown sodas or yesterday it's still pretty significant thirty six percent growth rate revenue guide absolutely disappointing but now you have to ask yourself everybody's dying to get in this thing a few months ago one of the levels tell you well I'll tell you exactly what to tell you. The recently was about thirteen sixty five give or take we made a recent high of twenty thirty five hundred a month and a half two months ago the level that we're at basically right now in the after ours is a fifty percent retracement of that entire move those double tops we've talked about forever have held up but now you're looking to play offense and Amazon instead the defense in my opinion if you're selling here you're trading wrong if you're dying to get into the stock a month ago would you have been dying to get into it knowing that the holiday quarter would have fallen short short of forecasts. Here's I'll take a different spin on what guy says but my glasses have full to Amazon historically the implied volume this thing we'd had it down mm percent I actually think this is a victory I actually think they've they've begun to smooth out their business aws while not growing where it is is clearly along with Microsoft these guys are head and shoulders google a distant third in my view are taking cloud of which we're less than ten percent of enterprise conversion onto the cloud I think it's very good news for them yeah I know that Prime Shipping Q. Four costs are going to be double what we're in the second quarter and if you look at fulfillment costs overall that's really hurting the margin so Amazon which meant a lot of money three four eight years ago into their logistics AARP warehousing and suddenly one day gave them the ability to turn it up a notch is doing the same thing that doesn't concern me as shameful and I have to tell you I do think this is an environment where you wanna be looking for opportunities to add Amazon because there's nothing about what they've told me today that signals is a structural problem with the company. Yeah I agree with that I mean obviously spend spend spend right they can afford to do it so you

Amazon Warren Amazon AWS Melissa Tim Seymour Karen Finer New York City Minneapolis San Francisco Times Square Emma Zahn Japan Mr Softy O'brien Josh Baird Google Microsoft Ten Percent
Market update

CNBC's Fast Money

10:56 min | 1 year ago

Market update

"This is this fast money. I'm Melissa Leo Traders on the Desk Tim Seymour Karen Feinerman Johnathan and guide Dommie just breaking a little while ago Oracle. CEO Mark Her taking a leave of absence due to health related reasons since the stock selling off after hours. Conference call expected within the hour. We'll keep you updated as the story develops then if you didn't know SAS. SAS stands for software off whereas service but it could soon stan for software as a source of pain down nineteen percents these scales Hong Kong stock exchange launches an aggressive thirty seven billion dollars bid for it wait for a London stock exchange. We'll get perspective from one of their biggest rivals. CME group chairman and CEO Terry Duffy joins US exclusively here here on set but I it's still on and we are talking about the great rotation so many here on this desk. I've been skeptical of maybe even Poo pooing at times the sector showing continuing strength the Russell banks retail just to name a few so what is going to make you a believer guy. It's a fascinating question. Market has an uncanny way not that I need help by the way of making me look extraordinarily silly and here we are as as we just heard within a percent suddenly all time high the S. and P. Five hundred and everything looks fantastic. When do I become a believer I. I don't know the answer that question but I'll say is the headwinds that exist in a couple of weeks ago looked really haven't gone away all that much. Yes rates have backed up a little bit. Probably a healthy move yes to go. Market is an exploding to the upside. Maybe maybe some of the concerns with the China deal situation of Hong Kong have abated but they haven't gone away. There's still there. The markets is looking pass them so I don't know how to answer that question because it concerns since I have. I don't think it get resolved in one day. Well I know how to answer the question like when the rest of believers simple when the rest of Maga- makes the new high and apple is on its way to doing that. It's about ten bucks from the all time highs last September. I'd love to see Google Amazon participate again. Those are three and a half trillion dollars. Dollars of mega cap the largest in the market the other one. You know you mentioned the Russell. I'd like to see the Russell breakout above the seven month range and really kind of get people thinking about okay well. Maybe small caps have digested a lot of the bad news in the ready to go a little bit so those are two areas. I want to focus on. I'm not so interested in seeing Alcoa rally twenty percent off. Its you know that doesn't really convey about too much yet. Karen you know I I love to buy when things are trading down into gers. I'm kind of more more inclined to sell. Some things are trading up and injures less. I talked about taking a little money off table selling by Selig's. JP Morgan calls I I why do on something like a united rental that has obviously participated to the downside heart and back to the upside hard. I still think it's attractive here name like Fedex that Tim and I talked about a lot. That's unknown news. Whatsoever is gone for line one forty nine to whatever one seventy one. I liked it higher than one seventy one so even though that one's up a lot. I'll hang onto things like that the vix today coming in a lot. I want to own volatility here because I think we are one tweet away from going back to those markets you you seem so fresh in my mind they could be any second week could be the Mcginn Tim even sort of on board the rotation since it. You pointed it out to sort of I don't WanNa say a believer Uber but you acknowledge. Its its presence here. Why don't you try to die down your gender. Your Rangers Rangers compatriot here well. He's missed. I've moved from three twenty five down to one forty five on the ten year in effectively six months. Maybe seven months was was was way way too. Excessive relative to the fundamentals in the US economy maybe not to the global economy and I continue to think that some of this rated namic was a function of buns pulling us down in a relative value trait. I think some small and this is not full. Reconciliation and Hong Kong has been important to set the tone tone for at least we're regionally. There's a little more stability going into October talks. Which I think are very important. Unfortunately I'm not sure what we're going to get out of that but then we had reaffirmation of the US S. consumer off a couple of data points and that's the ice and the services I assume which is really the backbone of our country not a manufacturing reading and so while we know the PM is going down down around the world. I think that's been part of the story. The most important from a market perspective is I think we've had these rotations many times in many cycles throughout the last last two years so it's easy to pooh-poohed at the market almost nothing but I actually think you know if if you look at where retail is retail underperform the S. and P. almost twenty percent for a year until suddenly it it makes a lot of that back up recently if you look at what's going on and transports and banks but the thing about it is that the valuations to me do make some sense and we sat around here and we talked talked about food stocks. We talked about restaurant stocks. We talked about things that really were tough to explain and I think the markets rationalization is that those things can only go so high and recession question is off the table for the next six months. That's where the central bank at your back. That's been the justification and it didn't happen three days ago. This happened three weeks ago. When when the rest of the world started rallying relative to our market. Thanks for educating us but do you think that was particularly bullish. When you're the president of the United States vote head Fed should go to lower grades two zero arowar negatively lower because to me that doesn't elicit a whole heck of a lot of confidence in this economy. Is Picking up because you saw good services number less so you're talking about psychology. Do you want one. I'm in an AP economics class again. I think we've got a case where the macro data doesn't add up to a market that should be falling off a cliff with soot and you just mentioned that the last two years the market hasn't done much because you said that you've acknowledged the fact that we've seen lots of rotation so you know the thing is here. We are three thousand the S&P eighty five hundred and we'll make a new high. Do you think we're going straight up. Do you think we're GONNA go to thirty thirty and then go straight up. Five seven eight percent not particularly weekly likely if you look at over the last two years when we made new incremental high. We've gone down a lot. I mean I don't think I don't think most of our audiences is making a call on the market out so and so I think people are investing in stocks. They are themselves rotating in and out the fact that the semi's which I think are again been an easy target of volatility and the volatility in that space has been enormous but semi's are to make another fresh high and semi's are still up almost now they make that fresh high. They'll be nine percent from June of two thousand eighteen when everyone everyone said that's it that's it. I'll take ten percent and I'll take ten percent of the time. We don't really ten percent to thirty percent drawdowns. I mean does that. Make aren't trading those drawdown. I look I understand those people another individual again. I understand statistics and I understand standard deviations and we are split up to tell me that that people should not have been investing in things that overall business you. Are you saying that because they went up a lot and they went down a lot. They were on investable during this period and I think most people aren't trading like that. What's the flip side to not believing in this rotation. What's it's the flipside to necessarily know if you don't believe that this rotation is for real. What did the market do the have. I've been training opportunities listen. I'm the first to tell you I mean I thought the market's going down for quite some time I don't hide from it but within the context of that we brought up some pretty good training opportunities we as a matter Arafat couple of weeks ago. We power pitched bank at a time when nobody likes you did if you recall that was pretty much universally th you know pooh-poohed you use that word but not me by the viewing audience and that's gone from six to one and a half. I think closes sixty nine today so within the context of being a non believer there are trading opportunities again by only the point is everything that got us down to where we were a month and a half two months ago have not gone away. It's gotten a little bit clearer but they haven't gone away and I think in a fifteen fixed accounts point. It's just too it doesn't make sense with the backdrop that that's out there right now all right well. Our next guest says the value rotation can continue and new highs are coming with it. Let's bringing Margaret Kalonovik global head of quantitative and derivatives strategy at J.P Morgan market's always great to see you so you have a bunch of skeptics on the dust in terms of this rotation so so what has to answer guys original question what has changed to make you believe that this value rotation is here. We'll first positioning is extremely low so if you look at the sort of hedge from equity exposure it's about zero percentile so close to all time lows match in two thousand eight. If you look at the individual investors a I will be our sentiment is basically similar to two two thousand eight so a lot of these early price in the market right like and positioning is very low then generally. There's upside. That's pure mechanics. This is not even a economics one to one so so so so that's that's something that we can sort of hold onto low positioning and then you had some positive things within mentioned already. You know so you have a services in us. You had a little bit on Brexit a little bit on a little bit on Hong Kong Essay are and then you had this October negotiations so if we we have like two to three weeks before October where we still have a buyback full force when the Biggs declined from twenty two to fourteen fifteen so all the sort of systematic folks who actually really ever and you have discretion investor who's basically zeroed invested in the market so that's what we think you can continue now why valutation can continue so people adds to market the first thing they will close the short while net positioning get zero percent but the gross positioning gross exposure according to JP Morgan prime is ninety nine percent out so you have like a massive longshore trade where people are super long low vault of quality momentum and growth and they're super short value so if they want to increase the increase the net exporter. I don't think they're going to triple quadruple on software and stuff like that. They'll close some of the energy oil than gas some of the some of the banks and other value stuff so we think that this can continue okay so it can continue in our view until October in October. Basically you have negotiations anything. Anything can happen right so if the negotiations blow up we go back. Even negotiations actually produce some results. I think this loss for a full year like in two thousand sixteen and Seventeen when when it lost more than eighteen months so that's very strategic trade so strategic is until October right and in October. I think we need to reassess. If there is actually progress towards its radio this can can be new two thousand seventeen eighty two thousand two thousand sixteen age seventy two kinloss another eighteen months if the if we have more of the same back you know back and forth tweeting and stuff like that then we go back to software guy thinks will when when you say we go back if there are stumbling blocks oxen trade does that mean that we re-test the ten year yield lows like legal retail would have on

Hong Kong United States Tim Seymour Karen Feinerman Jo Mcginn Tim CEO Russell Banks Melissa Leo Jp Morgan Oracle Alcoa Google Rangers Mark Her Fedex J.P Morgan Market Terry Duffy Group Chairman Russell
Latest from the Stock Market

CNBC's Fast Money

10:10 min | 1 year ago

Latest from the Stock Market

"I'm Melissa Leo Best Carter Worth Tim Seymour's Karen fighter men and guide dominated Tommy. The countdown is on its apple's big event tomorrow. Will it be enough to convince enthusiasts the world over to trade up in the middle of trade war also ahead activists investor. Elliott management taking a three billion dollar stake in at and T. A. Saying ix nay on the bank they see a sixty percents upside potential traitors take a second look and Boeing pausing using stress tests on its new triple. Seven after issue is discovered. We've got the details ahead. We begin with the Big Bang breakout on the day. The S. and P. Five hundred ended in the red checkout. He's he's moves from City Bank. America Wells Fargo David Morgan all firmly in the green for wait a minute. It was just a few days ago. The racer plunging yield curves inverting cats and dogs living together together and now look so the banks turned a big corner guy this desk by the way cats and dogs living together guy who's not sorry sorry who had a cat or a dog. I guess well how good question to answer on TV well. Let's go to the marketplace Sultana think they've turned the corner at all but what happened is everything got a little ahead of itself and it's not like we haven't talked about this. We're not saying this in a vacuum. Go back Tuesday. I think before Memorial Day we actually power-pitch some of the banks specifically it was city saying that you know what boring markets slow week into a holiday markets probably GONNA rally the toto's probably gotten and ahead of itself when city trades that discount to tangible book historically over the last couple of years. It's been a buy and that's pretty much what's happening. I mean I don't think again. The landscape has gotten better for the banks. Necessarily just the trading landscape in the short term has so the city have more room yeah probably overshoot seventy two like it undershot to sixty one but I think the the headwinds that they faced still exists today are some rays of sunshine based on what the CFO told the Barclay Financial Services Conference today that they expect growth in the back. AH The year that there are other parts of the business that can offset some of the losses or the softness in sort of the rate sensitive businesses so can you sort of extrapolate that some of the other brings thinking. Maybe things aren't as bad as people thought yeah I think I think that what the price they were trading at before. Two days ago really reflected a lot of things so I don't think I more that a lot of bed extra too much penalties there. I think if you think about where Citibank was trading you know well under ten times earnings a three percent yield. JP Morgan tend to change times earning a three and a half percent yield Bank of America under ten times earnings. I mean that's a lot about news priced in and their business models aren't all interest income right. There's a lot of other income in there as well so I think you know the market just saying Oh the whole book of Big Money Center banks is a giant two year tenure spread it must be going to zero didn't make sense. I'm not selling them here. I think they're still attracted. I'll actually question because we've had one kind of from a market position. Technicals Protective Talk and fundamentals. I'll talk to you the context of the overall market this this could you could make a comparison to the first quarter twenty sixteen when we're worried about global growth and banks essentially got through this period where once we got the sense that recession was off the table banks want on argue a very historic run for them relative to at least the cycle. Citibank's up thirteen percent eight days. It's up close to sixteen percent in sixteen days if you look at the X. L. F. It's basically kept pace with the SNP. Despite all of the things things that have happened to bank so the most important thing that happened today and I hate hyperbole may but I will tell you I think this is one of the most extraordinary trading days of the year that no one's talking about impressive was flat and yet you had banks three percent. You had expertise three and a half percent. You would transfer this is a major day for the march is not about the banks banks right. It's a behavioral thing. Is You look at the one hundred. What was the best performing stock the more beaten down. You were the better your slumber J. Lead. You Got Simon Property. You've got things like I mean in hindsight which is literally down eighty percent. Ge in the top ten so it's it's not a bank story although it is that's part of the story because they matter the most. It's simply dead. Cat bounces and dead cats do bounds but do they really come to life. No they're still dead heartbeat. It was more about deflation isn't as bad as you thought. I'm not going to tell you that deflation because I believe it's there's some stuff as leftover from the crisis but but deflation as it was exemplified and illustrated through bond yields around the world through gold going through the roof through everything else that was related to acid replacing going through the floor. The rally today are asset based their reflationary based and that's very exciting sites the retail these are retails that won't exist at some point in three five seven whether it's an urban outfitters. Tayo Ay and it's again it's it's it wasn't specific the banks the fact that it was craft. Ge tells you it was just an unwinding. If there's two sides here on this side of the desk extraordinary training day or just dead cats that's bouncing to make extraordinary trading day in terms of the move in yield terms everything he pointed out was extraordinary the context of what we've seen but I tend to sort of I I well. It should come as no surprise ten more with Carter Worth. I do think these are bounces within the framework of things that have just been oversold. I mean you mentioned Simon Properties. These go back and look where it bottomed out in April. Two Thousand Eighteen look where recently bought them at so you can understand the bounce slumber. J. has been left for dead. I mean we've talked about it. Seemingly for a year and a half trying at least I have tried to ascertain when the bottom would be unsuccessfully. We've seen moves like this before. This will be so again. I guess the fact that the SNP when he was unchanged today bowls could say what that someone constructive bears could say it should have been up twenty five handles on a day like today the other flipside of what happened today was growth oath at any price which had been where everyone wanted to go no matter what terrible complete reversal names like crowd strike or zoom right just absolutely getting annihilated highlighted today so you're just a rotation is just everything that didn't work now pile into that everything that did work time to bail but the question is exactly. I can't can't be in a crowd strikers in there too expensive. They're expensive. Yes two days ago even down ten percent too expensive for me. I think would momentum goes out. Those kind of names have were down to maybe more it's not. It's not terribly surprising that a crowd strike in company and their ilk are going down. Maybe on a daily today or just not rallying as much what's been interesting. Is that Koogle Amazon anything. That's been defensive relative momentum but actually you know they. They tend to be low momentum. Stocks in in difficult times in the market are under performing to Carter cares rights talk about. I don't know anything changed slumber J. in the last week in fact I think lenders as got some tough times ahead of them but when I look at some of the other parts of the market including the transports that are very real companies that are not going out of business that I don't think they're dead. Cat bounces. I'm not saying the world has gotten better in two days. I'm I'm telling you that it's always about positioning. It's always about where I think. The market momentum is we've got an ECB meeting coming up in a few days it's also going to I think help tell the tale of work. Global yields yields go because I think that the European Union is the one that was dragging global yields down and we know that the machines momentum is on both sides momentum down or some momentum up in if I go and when it flips. It's the you get these levers going on both sides but it doesn't usually last that long. At what point do you think I mean. Would you would take a lot of time and a lot more of this kind of thing. Because we saw the bouncing we saw in the certainly bouncing today. You just need in a lot more than I I agree cars. I don't think anything can you can't say suddenly it's it's all good for all these things that have underperformed for long time but for the last three weeks we've seen the DAX ax outperforming the machine emerging markets outperformed so This isn't a one day phenomenon today. It was a bit of an exclamation point on things that really suffer from deflation all right her neck. Scott says you may WanNa pump the brakes on the banks especially ahead of next week's. Fed Meeting joining us now. Steve chaperone equity strategists portfolio manager at Federated Investors Steve Great Great to see you again. so is it just the banks or is it all of these sectors that were dead cats bouncing Carter. I don't know if I'd do as far as the dead cat I. I'm somewhere in between I think Carter and Tim here and what I mean by that is it's very enticing when you look at the move in the banks today and you put it in the overall context then that context has rate rates bottom two weeks you go and have moved higher. The city surprise index bounced into positive territory week ago and value in general has moved up so there's an inclination to want US okay this is. This is the move in the value cyclicals that we've been waiting for. I think you need a little bit of confirmation on that. I think you need see what the Fed does in a week. I think they need to deliver against market expectations I think. ECB similarly has to at least provide some some delivering. I think this meeting is not as important as the one that comes in November when Christine lagarde takes over but move the ball forward and then I think you need the data that continue to come in strongly. If what we're talking about is a global reflation trade because the stimulus that's been put in the system helps the economy to move in the in the back half of the year. That's incredibly bullish and so I'm enticed by it but I'm not willing to kind of jump all in on it just yet so how are you. How are you positioned in the market right now. It sounds like like your you want to see how the data plays out. It sounds like you think I mean the federal probably cut twenty-five deliver on something that's sort of in the expected realm the the data is a little bit of a question mark at this point. So what do you do you think about the market right now is really a battle between the P and the right the P. should be higher. We've taken the discount outrage for stocks and we've cut it in half the only reason why the market isn't higher is because the market's concerned about recession and so they're worried about that e part so I think what it really comes comes down to is how our earnings gonNA come through and that's why trade matters. That's why Hong Kong brexit matters our view. Is that our base case. Scenarios earnings are going to be okay. They're going to be flat right to slightly up. You're going to get a revaluation higher because of those lower yields and that's where you play out over the next six to twelve months however over the course of the next month or so. I WANNA WANNA see how that goes. I want to see how the Fed goes. I WANNA see how earning season so when we were here earlier in the year we were eight percent overweight.

Carter Citibank David Morgan FED Tim Seymour Apple City Bank Melissa Leo GE America Hong Kong Elliott Bank Of America ECB Boeing Sultana Big Money Center T. A. Toto
"tim seymour" Discussed on CNBC's Fast Money

CNBC's Fast Money

02:12 min | 1 year ago

"tim seymour" Discussed on CNBC's Fast Money

"Money. I'm melissa leo traders on the desk. Tim seymour marks effort chris brown and dan nathan breakout. The eggnog president trump just saved christmas socks soaring after the u._s. Delay tariffs on chinese imports ahead of the holiday shopping season everything from big tax or retail rejoicing video games clothes and toys all get a pass ask but wait the telltale indicator of global growth concerns grinchey. Oh bond market barely budged today so was was today's rally actually your last best chance to sell now. We don't want to rain on anybody's radar. A lot of people out there are very happy that that stocks rallied today but at the same time for an asset class the bond market that has moved so <hes> extraordinarily in the past week and a half or so. It's a barely move today. That's a head scratcher. Results be clear love mariah carey whenever i can get her especially in the heat of the august summer season so <hes> but what you're talking about that is is that treasury is so to stands now three basis points. We haven't been here since two thousand seven yeah the dynamic with the bond market long bon about to set historical lows. We've talked about the u._s. Curb ad nauseam awesome so let's talk about the rest of the world in germany there z._e._w. Economic confidence back in two thousand and eleven levels where we are still talking about green shoots or so it seemed so if you think about the equity markets euphoria today and is it. Is it a gift from santa wars. It truly just a reminder that the market is responding to headlines that that really are masking asking what is going on underneath the surface. Maybe as a function of trade. I look that's where the bears are lining up. <hes> i think the bulls can say if you remove trade war and you actually. She had a dynamic where we felt comfortable that <hes> geopolitics as trouble hotspots. We're not gonna take the world down that the economics for stocks down a low rate environment arm are not awful. They're not awful but we haven't removed trade where we've just said. We're gonna delay trade war for now on certain goods right so i mean the bond market is obviously obviously much more rational than the stock market stock market's moving based off of a tweet. It seems like every other week bond market much more rational. There's nothing has changed on the trade front right. I mean we just kicked the can down the road to basically.

mariah carey bulls melissa leo Tim seymour president germany dan nathan chris brown
"tim seymour" Discussed on CNBC's Fast Money

CNBC's Fast Money

03:37 min | 1 year ago

"tim seymour" Discussed on CNBC's Fast Money

"Pete nigerian tim seymour dan nathan guy dummy we begin with an earnings alert on uber dot getting the skids in the after hours after reporting its biggest loss ever but uber's reclaiming some of those losses now down just under five percent. It's not the company's conference. Call is kicking off at this very moment. We've got full team coverage listening to that call to break down all the big headline fast money for gene munster's manning the red phone but let's begin with deirdre bosa and more on uber's a big missed it or what are the details here. What melissa uber results didn't just miss but they looked particularly ugly. Next two lifts big beats beats yesterday revenue grew just fourteen percent versus lifts seventy two percent and as you mentioned it's quarterly loss was its biggest ever now. A large part of that was costs costs related to its i._p._o. But uber's also facing ridesharing competition in markets abroad like latin american india competition is even stiffer in food delivery livery. We saw that play out in this earnings. It's eats business co. Dr khazar shahi telling us that they're likely to keep losing money here for years as quote. There's a lot of capital chasing a lot of growth for the question of overall profitability. This is what really matters most to. The street while lift was pretty direct on their pathos nights saying that last year wasn't fact peak losses for them 'cause rashad. He was far less clear telling us quote. We think that twenty nine thousand nine will be our peak investment here ear and we think that twenty twenty twenty twenty one you'll see losses come down. I think our break even something that we can push the company to break. Even if we really wanted to frankly he he added no doubt in my mind that the business will eventually be a break even and profitable business. The question of course is one guys digging into that idea that the price wars are easing and ride sharing. This has been a theme this year something that both uber and lyft had been suggesting that may be true in the u._s. Which is why you might have seen lift post really good results but take take a look at uber's revenue in latin america and extremely important market to the company and ridesharing abroad at large revenue actually fell by twenty four percent. The the story here is that chinese ridesharing didi has been moving in aggressively now in the u._s. and canada. I should note which makes up a bigger proportion of the total will but where there may be less opportunity ridesharing grew nineteen percent that is still far below lists number now asked about the shortfall in revenue and gross bookings caused her shy he said said the developing markets develop and the law of large numbers at some point catch up with you. Listen back to you all right thank you we'll check back in with you in a little bit <hes> a little bit but in the meantime year me and if that is a path to profitability that's like saying so go that way and keep walking. I mean it's hardly a path guy. I think i'm going to play for the giants tonight but it's not gonna happen. He thinks a lot of things over the next three years none of which might come to fruition as a c- over company. I think you have to have a little more certainly in something with that said. I'm glad you're up latin america because that's their second biggest reached down twenty four percent. You're that's a big deal. Net granted u._s. and canada is four four times the size but when you have those kinds of ray when the kinds of losses or declines that's problematic on top of that the fact that they don't seem to have a path to profitability and last night we lift may have one makes you sort of say you know what lift is actually a better quarter last night than we actually probably thought at the time and it just goes to show auburn probably continues to be a no touch. What i think is really interesting. Is that you know it really is a tale of two days here and these are two very different companies. Despite the fact every lift you get into that guy is probably driving for suber an uber you get into that guy's probably driving. I also lower case letters..

rashad giants latin america canada deirdre bosa gene munster Dr khazar shahi Pete twenty twenty twenty twenty auburn twenty four percent seventy two percent fourteen percent nineteen percent five percent three years two days
"tim seymour" Discussed on CNBC's Fast Money

CNBC's Fast Money

03:57 min | 2 years ago

"tim seymour" Discussed on CNBC's Fast Money

"Melissa Lee. Tonight's lineup is Tim Seymour Grasso. Jeff males guide me. Here's what's on deck as a rally rages on. There is one that signals even bigger gains for stocks this year, if history's any indication we will explain plus gold is serving but that shouldn't surprise you. If you listen to the chart master, and he is back to tell you how long this golden rally will last, but I a big week for stocks all three of the major indices hitting the highest level since the beginning of December. Also, the Dow lock in at six straight week games as the fed hold steady earnings role in and it is the final countdown to another big weak earnings. I tip the market in one direction or another General Motors Twitter, alphabet, Disney all on deck GM and Twitter the to stand out so the group this year. So we thought it'd be perfect time to play a little traitor fan right off the top. It's a Friday show. So. For weeks. Era of. Yeah. I mean music week on fast money that. Yes. Come on, man. Gyco college because we had survivor either. Traitor to fading the product show up seven percent this year. Trader faded sucks up some twelve percent over the last probably couple of weeks, and you're gonna say most people would say trade this sucker it so compelling valuations. Great company Swizzle here, saying ready faded, but that graph faded. And why would you say that guy? Quarters stock is traded down five percent. They've only really beat EPS estimates eleven outta last twenty quarters pretty much the same thing with revenue. I think they're setting up for a disappointment. I'm in the fade Cam. I'm definitely a trade evaluation to me is very compelling multiple businesses that are undervalued including YouTube, which they're starting to really begin to monetize. I think the regulatory headwind has been well flagged Google management of all the big tech management teams that actually have this kind of exposure seems to me the most balance in terms of how they're preparing it. And I think whether perception is reality investors, don't think that these guys have a business model that is flawed. And I think that's really what it comes Facebook problem. Not going to say, I don't think especially concerned. I don't think privacy concerns are done yet. Right. I mean, there's still a headwind for a little bit of a Facebook problem. I think it has a Facebook problem much less than Facebook Facebook problem, right? But technically it's challenged right now it's running into tremendous headwinds. I do you see. The stock roll over. I think costs are going up till? Jay of YouTube content. Costs are going up at a usually go up at the tail end of the year that strong dollar has been a headwind, and it strengthened to through the quarter. I do still like tech. Typically, I think about things for more. Macro perspective. Right. So we think about sector rotation. We think about it from a business cycle perspective. So if we're right and the economy actually is slowing down it's going to continue to grow. But at a slowing pace typically tech does. Well, investors look for companies that can face productivity growth is slowing increase productivity. So we still think the sector as a whole can do. Well, all right. Let's move move along General Motors. It is up sixteen percent this year trade her fate at Tim up. Definitely trading. This one I'm the most excited about the of these names the fact that this company continues to generate four billion free, Kathy. Trade correction. Okay. Thank you. Oh, we're looking out for you all to me. This is a company despite all the negative chatter about the price action of the company they've actually continued to perform the gave us updated numbers two thousand nineteen at six seventy share. This is five point seven times earnings for a company that's invested massively in autonomous is very well run. Mary Barra is my candidate to run for president far as I'm concerned. I love this company. This this is one where I would fade it on this one of the twenty four percent up since December basically at a large move right out of their shareholder investor meeting. I think a lot of this is already in the stock and all the good news that Tim said the stock never holds the good price..

Tim Seymour Grasso Facebook YouTube Twitter Melissa Lee Dow Kathy General Motors Gyco college Jeff Google Mary Barra GM Disney Jay president twenty four percent sixteen percent twenty quarters twelve percent
"tim seymour" Discussed on The B2B Revenue Leadership Show

The B2B Revenue Leadership Show

03:59 min | 2 years ago

"tim seymour" Discussed on The B2B Revenue Leadership Show

"Nobody else does and working, and we're talking about these giant companies Snapchat linked in it absolutely comes down to main street businesses. Right. So if if you're a plumbing company and your point of differentiation is is your reliable will pick up the yellow pages or Google plumber. And the first ten responses the second word in their descriptions can stay reliable too. If that's your that's your claim to fame. It's not good enough. It you need something that makes you different that that gives you an advantage that gives you pricing thority get, you know. Something that makes you different. You know, is it your hours is it the, you know, the tenure of your of your your the people on staff is that, you know, customer satisfied me, whatever you you decide to hang your hat on a can't be the same as the other nine guys, you're competing with or essentially, you're just monetize companies get acquired when they've got something unique. Yep. I see that in this town that I live in. There's one restaurant that is like always packed four o'clock in the afternoon. The on a Tuesday it is packed and there's although those fifty other restaurants within walking distance. They're all kind of go to three people in it. And and me, and my buddy, we we look around, and we go, you know, the ambiance is nice. But it's is it really much nicer. There's a Morton's. There's a Ruth Chris. There's you know. The big franchises right down. The street is the food that much better. You know, they've got a recipe. Well, oftentimes, though in here's the here's one of the interesting things, I find about, you know, building successful companies versus valuable companies because what he might find. I don't know the restaurant you're referring to. But but what if you got him to the covers of the restaurant? You might find that they are successful because the owner is driving. Right. Unlike the roots, Chris where they've got some manager. They're paying any grad year to manage the thing in this case, they've got an owner. Right. And that owner makes you the napkins are folded just the right possible way that that customer comes in every Friday night is acknowledged in exactly the right way that the stake. They buy is exactly the right way that it's age, and it's the owner driving thing. Right. And and that can make a very profitable successful business, but it's not a sellable company. And so as owners, we need to decide which is our prior do we? Want to have a lifestyle business where we know that people in our community that that gives us a good living that the we're able to pull profits out of the end of the year. That's great. That's we need those businesses. But it's not a sell the company if the goal is to sell it. Then you've got to totally rethink the way you you approach. You probably see that a lot his like when Ruth Chris you look at that as an example ten years ago, where I think it wasn't as franchised as much as it is today because now I live, you know, walking distance to one of them, and it's just gone totally downhill in the, you know, the menus identical. The ambiance is identical. But the service is a little off. You know, it's just not the same. And probably bought suffice. Look, I I don't know if restrictions bought by prominent going to your guest about by some private equity group is ripping out all the heart soul, the company. Yeah. That's it. I think your point about, you know, the the the accountants take over, and they they're looking to shave pennies off the margins to increase the stock price or the PE ratio. Yeah. I mean, we see this. I live in Canada where we had this brand called Tim Hortons. Yeah. So Tim seymour's is like I I can't think equivalent in in the United States, but it is the is the heart and soul of Canada like like the customs agents when they wanna prove your Canadian..

Ruth Chris Google Snapchat Canada Tim seymour Tim Hortons United States ten years
"tim seymour" Discussed on CNBC's Fast Money

CNBC's Fast Money

02:55 min | 2 years ago

"tim seymour" Discussed on CNBC's Fast Money

"Bass money starts right now live from CNBC headquarters in Inglewood cliffs, New Jersey. I'm Scott wapner in tonight for Melissa Lee are traders on the desk or Pete Jerry, Tim Seymour. Karen feinerman and Dan Nathan tonight on fast stunning reversal on Wall Street. The Dow with a dramatic drop early in the day rally nearly eight hundred points from the lows boy almost coming all the way back ending down. Just a mere seventy nine points. And after taking out the November lows the SNP bouncing back to end the day nearly flat as well. The NASDAQ closing the day into green up about one half of one percent. He what do you make of the action? Is that what a bottom feels like? I it it. Sure. Feels a lot like. Yeah. I mean, if the turn that we had was amazing in the fact that we saw that spike in the volatility where we got up and we've been talking about for a long time. When is Bala Tila, you're going to get one of those absolute expo explosive days, where we certainly got that today, we as as a matter of fact volatility started coming. Back before the market started to rise, Scott. So that was something interesting as well. We got up near twenty six then we started to pull back, and as we were pulling back, then the market started to catch up with that. And then we saw this big move to the upside, it was NASDAQ, though really did lead this first, whether you're on the FANG names, the magazines whichever ones you want the technology side really was what started to push this market back up to the bottom in. I mean is that that's the question. Everybody wants to know tonight is that the kind of activity Dan that says got about your bottom down fifteen points. Dow was down fifteen hundred points over two days. Okay. That was a massive massive intraday reversal. And it was led by the right? Name was led by maga- Microsoft, apple Google, Amazon. Apple didn't really participate much to the end. But his down the most football. No. I mean, it was huge. Okay. So here's the thing. We might be treating in this range a couple of hundred point range in the SNP for a couple of weeks. Now, we know we have a budget showdown. We know that we have this fed meeting on December nineteenth there's a couple massive massive callous. So I. Think we're gonna see this volatility for the next couple of weeks until we get some more clarity. But volatility implies just that. I saying we got a bottom here tells you that we resolve. So major issues that are still very much unresolved. Bottom line here is you've got the six test now to twenty six hundred on the SNP. Meanwhile, you know, the three CS of of credit. Crude and promoted certain he not I had another three I another three what the third is through credit and the curve looks bottom line stuck about bonds. Because I think what turned this market around today was really the bond market. Remember the ten year bond yields went from kind of eighty two on the day. We were as overbought on ten years oversold on yields as we've been in over a decade. So again to say that people had overreacted to the other side. I think they had obviously the fed has been in the last couple of days and giving some people some sense that they're probably more data dependent than they had journal says, you know, fed mulling a slower approach pasta comments later in the day, which seemed to help..

Dan Nathan Dow Scott wapner New Jersey fed CNBC Karen feinerman Bala Tila Inglewood Tim Seymour Apple Melissa Lee Pete Jerry Microsoft football Google Amazon one percent
"tim seymour" Discussed on CNBC's Fast Money

CNBC's Fast Money

03:03 min | 2 years ago

"tim seymour" Discussed on CNBC's Fast Money

"But if you if you attribute any of the run-up due to pro growth policies, less regulation, if that is going to be gridlock. You're not gonna get any of that. So how do you make the case with whether or not rates are coming in now or not to guys question? They're still going to be higher than they once were we're going to have less pro-growth policies. How do you make the case for twenty nine forty in the SNP again or above twenty nine? Oh, four so. Yeah. Exactly for this year. Or even when you're talking about the landscape has changed. So we've had a lot of. Pain so going and talk to we telling clients that de risk when you're twenty one hundred d risks. We saw a lot of good news priced in that derailed has occurred. I haven't seen this kind of de risking in years. There's going to be a massive culling of the herd at this point in time that is going to less sellers at this juncture now when we look forward there's a lot we've dealt with a lot of negative news as we look forward. We're going to have positive news around the holidays, we're going to have positive news as companies look forward apple worn Amazon warned whether it's whether whether or not those are the two names so that dictate where the consumer is going to be so apple worn Amazon one. And now it's in the price. So now, we can work higher from here. And if the consumer is better, and what we know from the credit card companies consumers better we haven't factored in lower oil prices. And as we look forward, the employment picture is still very strong, all these other issues. I'm not saying things are great. What I'm saying is things are difficult, but there's now opportunity here and that opportunities because you've uncovered. And as we go forward you can start to unlock that in the short term portrait. Thanks, chris. Get to see Chris Harvey Wells Fargo Tim Seymour. Well, by what Christmas selling a rally into year? I always listened intently to Chris. And I think he brings some good points. I think what's what's debatable? Okay. He's gone. The line is look I think what Chris has to say in terms of the rally being exhausted in where people are positioned differently than they were say a month ago. Yes, they are is my sense that people actually still believe that we have this year end rally. Yes. And that's a bit of a concern. But forget reading tea leaves market sentiment. I'll say it really simply bond yields are they going lower because oil prices are going lower. No, the price is going lower because bond yields are going lower possibly, but the bottom line is the bigger issue is a gross scare is much more important than an inflation scare for markets. And that's what we're experiencing right now. It doesn't mean that we think we're going into recession. What it means is if you said seven percent earnings growth on the SNP next year. I don't think we're going to get there. And I don't think stocks have that in. All right. The great oil plunge rolls on as cruising so its lowest level in the year as takes down the energy sector. We're asking how much worse can get the traders will weigh in nets plus small caps could be signaling a big problem for the market atop technician breaks down the dreaded deck cross. And what that could mean for stocks and later checkout shares of till right that pods. Taking a hit. After starting support. We will tell you at the CEO said that has Gerald or so nervous. We're live.

Chris Harvey Wells apple Pain Amazon technician CEO Tim Seymour Gerald seven percent
"tim seymour" Discussed on CNBC's Fast Money

CNBC's Fast Money

03:13 min | 2 years ago

"tim seymour" Discussed on CNBC's Fast Money

"I'm Melissa Leo traders on the desktop Pena Jerry and Tim Seymour. Dan, Nathan Dahm tonight on fast the earnings wreckage rages on this season taking no prisoners, but put the sell auspey, be creating the best sales of the year of the traders way in plus Teflon test the socks sorting nearly thirteen percent because of something Elon Musk just did. We will tell you what does investors so excited. But we start with a wild day for the markets. It started out looking like total chaos on Wall Street. Soccer getting slammed right at the open. The Dow was down nearly five hundred fifty points at the lows. The NASDAQ was getting quash, but then just like magic. I river slip fortune when everything was awesome. Once again, south station, a major comeback about ending the day down less than half a percent just over a hundred points. The NASDAQ recipes snapping back as well. So today's action assign the market lows are in and is it safe to put fresh money to work guy, love smoked in brush money by the lentil. I like it in certain contexts in the context of money for some reason, it just irritates you. Believe that now says, no, I don't think so. And Pete now we're talking in the green room prior to the show actually independently. We came up with the same conclusion that although today felt like a bottom and obviously the reversal was pretty interesting, and I think gave bulls renewed optimism. I don't think the worst is over for a number of different reasons that we've talked about and continue to talk about. I think the situation with China continued to get worse and I got to something the earnings reports that we've seen, especially today had nothing to do with the fed. I mean, they had everything to do with companies that see a slowdown. And that doesn't Harkin vol. I think going forward slowdown, they see the impact tariffs. They see increased materials costs, increased labor costs, increased freight costs, and you're starting to get some data points. We had to Richmond fed out this morning, people Richmond fed. What does that mean? Well, you're seeing continuation of these regional fed surveys that show first of all the job market, and there's not enough skilled workers. That means a lot of companies are actually foregoing projects. You're seeing major price input pressure, and you're seeing actually more weakness in terms of competent. So some, it's it's not time for Sarah and Teague and Dan, and I know you listen to them at home the every ES everything is not awesome. And in fact, I would look at high yield is a place to say, everything's not awesome. In fact, we're getting near two year lows on high yield, and people want to say, hey, it's not affecting credit guess what it will affect credit. And I do think that when you consider that money's been almost free and the fed has guiding to a very different paradigm in the near term. I actually think there's reason to continue to stay cautious, but there's zero reason has guy said to expect that the concern. Making your view this return backup. Because everything awesome p well, I would say this, I, if you're just looking at earnings themselves, I thought they were pretty fantastic. Three aside, you look at the rest of them. They just the members guidance is a little bit off. And why was that? Probably because of the Chinese tariffs, right. I mean, that's one of the big things. I think that's a lot of this right now, but I think it's really interesting. We saw a lot of excess by and what that means is people in the short term feel like volatilities here to stay. So we'll see how long of a stay at is we had that spike up today and get up and through twenty five, Dan, I know you're guy was talking about optimism and I know that that was going against what you you've been right. We've seen this market going down down down down some choppy down to the downside. I would say this. I.

fed Dan bulls Melissa Leo Elon Musk Richmond Soccer Tim Seymour Pena Jerry Nathan Dahm Harkin Pete China Sarah Teague thirteen percent two year
"tim seymour" Discussed on CNBC's Fast Money

CNBC's Fast Money

02:35 min | 2 years ago

"tim seymour" Discussed on CNBC's Fast Money

"It's a small play, but it's still a much more promising play for me. It's Karen, the me ask you something. I read your piece which I thought was great. By the way you talk about, perhaps some disappointment in in if states do more states legalized pot that actually it won't grow as quickly as the market might think you talk a little bit stat. I'm speaking for the experience of being California where part was legalized on January first, two thousand eighteen. And what people have been noticing in this market is that the illegal market continues to exist Buckley because legal weed is so much more expensive than legal. We'd here. So I have a feeling that those people are expecting the momentum that we'd is legalized that the legal market will cease to exist are really not made the missing the point. I think this is going to be a market where it's going to be a slow bat. It'll to win the market even if it's nikolai's. So when you see a canopy, excuse me as constellation brands, investing an additional four billion dollars in a company like canopy growth. What does that say anything about constellation brands in terms of their valuation or maybe where their stocks should be trading. In fact, if you think about it tobacco and alcohol, stalks companies, perhaps best suited to get into the space, especially the recreational space, partly because they know this business, they've been regulated. They've been selling essentially the equivalent of sin products. So they actually well-suited to enter this area. I would expect more entry into the space if in fact, the laws and regulations start to ease up. So what does last question here? I mean, let's say these stocks across the board cut in half. It sounds almost like there's no real way of pinning that valuation because the potential is so unquantifiable at this point that it's very difficult to put any valuation on a stock and it's trading game, right? You know, and this is not uncommon right early in a business. It's all about the pricing which means you're going to. It's going to be built on mood and momentum and incremental information, trivial pieces of news going to move to stoke all over the place. So if you're an investor, you're going to have you're going to have a strong stomach do stick through this market. But I think that would be a time when in fact you will be able to get into the market. My suggestion is to stay out for the moment. All right, Aswa. Thanks so much for your time. We always appreciate your analysis us walked think you're in a professor at NYU before you get a final word on this lead. Just want to note that Tim Seymour is all in on this space. He's long number of names also sits on advisor. Reward for three cannabis stocks and for all of Tim's disclosures. You can.

Tim Seymour constellation brands Buckley Karen California NYU cannabis Aswa professor advisor four billion dollars
"tim seymour" Discussed on CNBC's Fast Money

CNBC's Fast Money

03:57 min | 2 years ago

"tim seymour" Discussed on CNBC's Fast Money

"Soaring hundred eight percent. Both names reporting earnings moments ago. These momentum stocks just continue to charge ahead totally. Oh, and they are big after hours. In fact, fourteen and nine percent respectively. So Tim Seymour is still a sign that at least those two them stocks are still a good. I'll tell you what twilly out what their numbers showed us that they actually see significant reacceleration in the growth. And that was something that ultimately, especially in the small and mid cap land. A lot of these tech companies have been very easily pushed around. They come with a lot of fanfare, ultimate growth needs to support that. It hasn't this though it seventy two seventy three bucks right now is right at all time highs and read it a very significant resistance level. I like the growth. I think the multiple still really tough to get behind. I mean, look, you can get. This kind of move out of stocks that are Smith cap names. These are not big news, but the bigger issue is we've lost momentum in some of the real powerhouses frankly, adobe Microsoft, even a visa and ISR g things that are hundred billion plus are not showing the life that they've shown as certain value type being up. Names have come to life. You think money is coming from Microsoft twi- Leo, no, it just that I'm saying there's not enough money to window Carter. I would think if the leadership of the big boys, I would think that the little guys will get pulled up in the wake it with a beta of two versus the big boys shouldn't. The big boys be killing these guys? Well, we're talking about just such different assets. It really doesn't matter many. I'm saying this kind of after hours move. He's atypical, very, super cap name. Right? And that's all that, well, I think it's it's a good it. Well, it's not a bad sign for momentum stocks. Listen. I look at the corner and say decent quarter, but there wasn't anything to shake stick at and you're looking at a stock the traits at sixty three times four. Earnings up percent the aftermarket. So if nothing else in the environment that we find ourselves in, I think if momentum stocks tell you anything, you know, maybe this is a bit of a white flag in the short term momentum socks. At least those maybe soaring. But Carter says that might not be the case for much longer gonna head over to the plasma and break this all down forest with yet. Another acronym acronym, there was a lot of ways to play. Momentum is a great ETF dashers Mt UM. But let's talk about what you'd either call value defensive. Whatever might be. This is simply just the first letter of these five sectors. And these are basically defensive assets as as as all, we'll know they're sickle has its industrials financials and then their growth assets. But this area of the market just take a look at some of these numbers to put this in context. These five sectors. You've got thirty two stocks sixty three utilities. Keep track over here, percentage of the. Move forward. It's more what we've got is essentially a third of the market, one hundred sixty stocks. So if you consider this an asset, right? We know that the tack discretion about a third and we know that industrials financials, materials energy are about a third. So this very defensive, third of the market. Let's look at this in the context of performance of late in the context, honor performance. The top chart is this basket, five sectors plotting away those one hundred sixty stocks. And what we know is that yes, it's been up, but here's the real important thing. We're starting for the first time to outperform the market. In fact, this group of the past two weeks up almost three percent virtual mental down. So take a look if I put in the following lines and what we have here for the first time, and I'm just going to zoom in here so you can see this. We have broken above the relative downtrend line. Meaning what we know is we have failed at this line over and over and over. And now for the first time, essentially, we. We are moving above that down online. That's a very important development. Let's go on. Here is the issue. Again, this is just five sectors. You can call it everyone..

Carter Tim Seymour Microsoft adobe Smith Mt hundred eight percent three percent nine percent two weeks
"tim seymour" Discussed on CNBC's Fast Money

CNBC's Fast Money

01:40 min | 3 years ago

"tim seymour" Discussed on CNBC's Fast Money

"Right now from the nasdaq mark aside overlooking new york city's times square i'm melissa leo traders on the desperate tim seymour karen feinerman david seeburg and seem grasso tonight on fast bitcoin just can't seem to crack that ten thousand dollar level dropping back toward nine thousand bucks today but atop technician says it history is anita indication something happening next week could have the crypto currencies sewri contrast robert slime or will be here to break down the chart plus check out chairs of invidia the high flying sucks sinking after hours that conference hall kicking off right now we'll bring you all the details but first we start off with the market rally that's right everything's awesome again the dow surging nearly two hundred points now back in the green for twenty eighteen it's now up twelve hundred points from thursday's low last week so is it safe to buy socks again we'll the market momentum last timothy it's safe to listen to seren teagan again just in case anyone did know who that was so so here here's where i think we are for so we had an inflation number this morning thank you it's safe to listen to it again get in way the way to to keegan keegan assert assert so you can cares but anyway just so people know that i don't really know who that band is which is even better bottom line benign inflation number this morning treasury tenure goes to three or three pulls back dollar pulls back you've had a number of the good earnings finally settling and you act you're seeing the market reward those companies that still make sense to take it higher we'll talk about invading a second because i think that is one of these is this all we get but again relief from the fed out of the way relief from inflation the fact that you're actually seeing the dollar softened up a little bit those reporting things to their from the fat those hearing up for june i mean there's still like a lot of uncertainty it just feels like the market is more accepting of these uncertainties.

new york city tim seymour david seeburg technician melissa leo grasso keegan keegan ten thousand dollar
"tim seymour" Discussed on CNBC's Fast Money

CNBC's Fast Money

01:40 min | 3 years ago

"tim seymour" Discussed on CNBC's Fast Money

"Had their eyes glued to computer screen for hours and hours on end well that is the stigma right coming out of a generation era where it was put down the video game controller and get out of the house that was our error my son is an example had a passion not to go into the family business of basketball but to stay competitive himself but in the arena of east sports my entrance was simply as rocket fuel is apparent to him in so i can't honestly say that there was an executive around that but as i explored and got deeper into where each worked was growing to my anxiety started to alleviate because no different for an nba young man or woman wanting to be a professional athlete and say tennis or basketball or some other field of sport each sports is now giving individuals opportunity scholarships to colleges they're having careers being professional athletes in east sports making a living for themselves so some of that he can go by the wayside because if they do fall short industry itself provides coach jobs analysts jobs broadcasting jobs training jobs sports i colleges all of those career paths that reside in traditional sports are now being bridged together between traditional and these sports and we're starting to see now there is really no difference hey rick tim seymour thanks for coming on so you in two thousand fifteen talking about how this was a massive business opportunity but as an athlete we play game would you rather would you rather cut the nets down at at the alley form having won that championship or being sold out garden for legal legends championship and echo fox taken the title what's more exciting for you.

basketball tennis fox executive nba rick tim seymour
"tim seymour" Discussed on CNBC's Fast Money

CNBC's Fast Money

01:32 min | 3 years ago

"tim seymour" Discussed on CNBC's Fast Money

"Here's where i come down i adore square it's got fabulous fundamentals a great wall term gross story what i don't adore is how the ceo got overly promotional about using squares platform to trade bitcoin and now this talk is all these irrational moves and scare investors away i think it'd be smart for the company to play down this connection on the other hand all this ball tony squares giving you to amazing opportunities to buy the stock and weakness so jack dorsey wants to keep flawed crypto cars can action you might get another chance to buy the stock into unjustified weakness thrown jim cramer last night talking about how square might be better off without bitcoin the sock surgeon again today now up two hundred twenty five percent in just the past year now the sock did ride the bitcoin wave to the top and december then back down to near the lows but now squares rally without bitcoin so here's again we like to play games yeah is a bitcoin stock or not tim which it off absolutely not these guys are the top grower forget it's shipping morgan it's one of the big houses has them as their top organic grower in payments period they are the choice of small medium sized business they're going in mobile payments like nobody this is a great call the valuations tough but i am long been long for a while love it guy what do you say coin is the tail to the story and it's extraordinarily small tells with tim seymour not sixty five percent earnings growth evaluation can be a factor at certain point it's not one now new.

ceo jack dorsey jim cramer tim seymour two hundred twenty five percen sixty five percent
"tim seymour" Discussed on CNBC's Fast Money

CNBC's Fast Money

02:00 min | 3 years ago

"tim seymour" Discussed on CNBC's Fast Money

"Art fast money starts right now live from the nasdaq market site overlooking new york times square i'm scott walker it tonight former lists the lee our traders on the desk are tim seymour karen finerman david seeberg and steve grasso tonight on fast bitcoin breaking out soaring forty percent in the last month but there's another cryptocurrency that everyone is talking about right now we'll tell you what it is at what has everyone's so exciting plus one of the biggest and most controversial media voices on the street rich greenfield is here and he says get this disney can beat netflixing at its own game if it does just one thing and tell us what that one thing is but first this don't but what else the market said your mission should you choose to accept it by stocks in the face of rising rates a potential trade war and a number of major global indices in correction and that is exactly what investors did today the dow closing up more than three hundred points after being down as much as one fifty the s p and nasdaq also higher by a percent so what has changed since last week tim we begin with you once got welcome and i think obviously the tone today was lesson by saying that there's possibilities that this is a negotiation ploy it said cetera art of the deal whatever you want it the interesting thing again two days and route market's rally when rates start to rally and yet the anxiety that we were feeling before that was all about rate so if you look at the stocks that have really been outperforming though it's the ones that are arguably more immune to interest rate pressure so look at the sammy's you see and tell you see the the smh all near essentially alltime highs and then you see some of the bank's back to a big day for financials with rates and i think those replaces you stay scott funny rates went up karen and sorted stocks right rates were down when stocks were down rates turned market turn right well i think would turn the market was ryan starting to come out really against this and that there would be a much bigger fight a much bigger discussion and big push back on trump i mean i for me i i couldn't agree more i think that he's already done.

tim seymour disney new york david seeberg steve grasso karen forty percent two days
"tim seymour" Discussed on CNBC's Fast Money

CNBC's Fast Money

01:34 min | 4 years ago

"tim seymour" Discussed on CNBC's Fast Money

"Despite the higher the socks are trading and much lower multiples and they did back in their heyday in the late nineties a you remember the nineties when brian was in tim seymour sporting actually was forty one yesterday making regular trips to canada back in the dot com bubble cisco's 270 awards now sixteen the last time oracle was at these levels the stock at a p of eighty eight it's now 23 microsoft was at seventy eight in ninety nine fast for nearly twenty years and it's around thirty one and then there's an intel about how to p of more than fifty now sports a multiple a fifteen those all tech your best but at this point should you play catchup in some of these names guy oracle yes and we see the subpoena journey but we've all been pretty bullish on oracle i didn't think it was grew up ten percent today of the anybody did options apply to five percent move but what what did oracles show you showed is they've made the turn to cloud almost as fast as any other company out there used to be bad new software licenses got nothing to do with the now it's about the growth in clouds so you have to ask is this is a question you sit twenty three times it's trailing its seventeen times forward multiple if you like salesforce which by the way i still do at close to sixty times forward you gotta love oracle and what they're doing at seventeen times forward earning so i think you can chase in these companies that are making the turn an sap for the front of the show bill mcdermott that stock is up twenty three percent year today these are big companies are massive mortgage companies i don't think this translates to an ibm.

brian tim seymour cisco microsoft bill mcdermott ibm canada twenty three percent five percent twenty years ten percent