nvidia. the man behind the big call andrew left will be here to tell us why the huge run in this stock is over. >>> plus apple's ceo tim cook making a surprise visit to the new york stock exchange today. we'll hear his comment about why he is calling it a great holiday for am. >>> and we're waiting for president-elect trump to make an economic development. he sat mar-a-lago, his resort in palm beach, florida. you're looking at a live shot where he is expected to make some remarks about the economy, an announcement that could benefit the american worker. we will bring them to you as soon as we get them. we start twauf markets in an unfamiliar color, red. there was a lot of it today. the dow falling triple-digits for only the second time since the election. both the s&p and nasdaq also lower. the dow and s&p closing on the dedelows. and call it a wall of worry in today's markets. retail stocks falling today, despite our strong holiday season. the transports taking a hit, continuing a downward t

they'll come back to nvidia. and they'll be helped because they'll want to show their clients they were smart and bought the first semiconductor play with the mostest. so how do you do it, though? this is tricky. first you buy a little tomorrow when it's down. most likely it will be down again. sellers are too huge to finish, off loading their positions in one day. then you wait until it gets closer to where it was when it reported that monster quarter, say in the 70s. you buy a little more. worst case scenario, it gets hammered and you get to back up the truck at a terrific price. i don't know if that will happen. how about the other side? here again, i'm concerned about too much too soon. except this much it's too much in the up side. let's talk cat. stock at a 52-week high. too hot. reminds me of an egg on a red hot griddle. you cook it for nine seconds, delicious. but ten seconds, burnt mess. but if cat pulls back, that could be a chance. now you could apply the same rubric towards so many different stocks. t

this is not nvidia. could general mills merge with nvidia? unlikely. >> we will get the opening bell in five minutes. don't go anywhere. as a supervisor at pg&e, it's my job to protect public safety, keeping the power lines clear, while also protecting the environment. the natural world is a beautiful thing, the work that we do helps us protect it. public education is definitely a big part of our job, to teach our customers about the best type of trees to plant around the power lines. we want to keep the power on for our customers. we want to keep our community safe. this is our community, this is where we live. we need to make sure that we have a beautiful place for our children to live. together, we're building a better california. >>> you're watching cnbc's "squawk on the street" live from the financial capital of the world. s&p and nasdaq have actually alternated gains and losses for seven sessions. we have three inside days in a row on the s&p. it just shows you where we were the earlier part of the month. >> we seem to be able to rotate

nvidia's down, yesterday, that's a great model. picture coming out with a report that's short or that's negative, i would assume nothing stops from shorting the stock. so they're good for ten points already at least. >> and cnbc to explain it. >> of course. >> seemed like he might have been waiting to pick a pretty good entry. the stock had gone vertical for quite a while. maybe you get bang for your buck when the stock looks that vulnerable to a little bit of a pullback. >> now only up 215% year-to-date. >> though mike noted yesterday in a tweet, you see, i read them, you were making comparisons to '99 and qualcomm. by the way i remember those days on "squawk box" when we had this qualcomm sound. when it was above 2,000 percent. >> a stock left for dead, only stock left to own going into -- by the way, i also looked up in '99 there were 12 stocks up in the na nasdaq 1,000 percent. >> yahoo. >> i don't know, possibly, might have been in '99. so the point being this looks like a very overheated stock, kind of like people say amberel

. -- we'lltake a look nvidia isk at thhow surging. ♪ hasline: 23-year-old nvidia had an impressive 2016, the company is the best performer on the nasdaq 100 stock index this year. much of the success is down to the chief executive, who's won over many investors with claims that his products will become key components of developing technologies, from voice recognition to self driving cars. our reporter covers the company and joins us now. a great story on the success story that is nvidia this year. not just gaming graphics. it's becoming a reality now? >> the most recent earnings showed this 54% rising revenue, where that came from, automotive, a lot of that came from data center and that was delivering on the promise they talked about. caroline: they are still such tiny players when you are comparing them to intel, who owns the data centers. are they going to gain some traction here? ian: it's really all still process at this point. they have shown some results. marginsking huge gross out of a $4 billion quarter business. caroline: how do they compete? you go to intel, and their r&d spe

nvidia, by the way, declined to comment on that report. guys, back to you. >> thanks so much, josh, for that. ed venky, the stock reversed course on that citron tweet, as josh just mentioned. we have so many people coming on and saying invest in the semis because they can only go up from here, they're value stocks. but the sector as a whole, when you look at the s&p subgroup, most of them are up 20%-plus this year alone. >> i think the big "x" factor, what's hard is a lot of the front suppliers, whether it's apple or amazon for that matter, they tend to switch out on the back end just to diversify their supply dhan. they don't want to be beholden to one supplier versus another. that's a part of it. and nvidia, their processors are well regarded and can be applied to a lot of this data science we were talking about, so i think that's a big up side for them. but the "x" factor is when will the frontline suppliers switch them out? >> venky, do you agree that there are some risks coming ahead for nvidia? >> well, see, i think there are a coupl

nvidia was the best of all, and that's being crushed. that's all par t group of stocks that they're just -- >> sell, sell, sell. >> let it rain. let it rain a little more. jonathan in massachusetts, jonathan. >> caller: hey, jim. i bought nvidia back at 28, and obviously they've been on a tear lately. it made me think back to a pearl of wisdom from latin class that commission is derived from a word. i think their partnership with rising tides in the market for gpus, and the rapid acceleration of deep learning. and artificial intelligence as a whole makes me wonder if this competition is more than who can make a better -- >> jonathan, first of all, congratulations on that incredible nvidia buy. remember, you would take the money out that you put in and play with the house's money. so take that out. i agree with you, i gave a talk today, and i said amd is in the right place at the right time. i said also that it was going to come down now like all of tech. but you buy slowly into that decline. rodney in ohio, rodney. >> caller: hi, jim. fi

for nvidia we're up more than 260%. i think that's the second best s&p constituents performance for a year. >> yeah. >> i think the whole of that sector all the chipmakers have done well. look at samsung this year up 42% despite having serious issues in its smartphone business, which of course is the biggest part of because memory and chip making has done well. nvidia clearly outperformed all of those but the broader sector has done well too. >> it doesn't take much when you have a big suddenly wants to get into something like nvidia wanting to buy hundreds of thousands of shares. they want to own it as mike said into the end of the year. you mentioned qualcomm, worth noting, stock is down not that much but obviously they are in a significant dispute with south korea chrks is, which is fining them for antitrust in excess of $800 million. they are going to fight that. although they may have to put the money up at some point within the next -- as soon as 60 days. but even though the money is certainly of significance, it

nvidia, facebook, for example. i think these are companies not sois research is unique out there on its own. again, i think he does really terrific work on smaller names, but in this case, it's not his best work. it's a holiday week, so we will give andy a break. : we have to dig into other chipmakers. qualcomm. how worrying is this when we look at u.s. and europe? : $18 million to somebody like qualcomm is nothing. people are much more concerned about the business model, which 70% of that profit comes from licensing revenue. anything that potentially affect how they are able to levy licenses, that is a big deal, and that is the cumulative concern that has always been there and looks like it is manifesting itself. it seems like it also gets to the core of what qualcomm is. not just because it relies so toh on licensing as opposed selling the physical chips they make, but also because they have with that business model achieved market dominance, so that their licenses, their technologies are written into the very co

i look at nvidia and where they are. graphic chips and everything else coming forward and the acceleration of earnings going forward. >> i disagree with up 200%. i agree -- >> it's hard. >> i missed the a.i. >> i mean we've missed the entire run going forward. >> when you think about nvidia, do you think about nxpi and what it was bought for? nvidia is valued higher at the time of the closing of the deal. >> it's reminiscing of the things we've seen and names that seem like they are accelerating. when you've got the growth and there are enough companies out there with plenty of cash looking for growth and look where they stand right now and vir actutwu virtual reality and storage and cloud, all of that is pretty inkreegii intriguin intriguing. >> i like how you turned this into a would you rather. >> i did. >> i'd rather nvidia. >> for more options action, check us out at 5:30. >>> b.k. is hanging up the bear suit. find out which one when "fast money" returns. hey nicole. y!hey nicole. justanteto thank yourupport team fo

amd is taking aim at nvidia. amd will be offering graphics chips tailored for artificial intelligence use in its data center. it will speed up the ability for computers to train themselves and get better at image recognition. ian king covers the major semiconductor businesses. in plain english, you say that amd is trying to get into the business of recognizing your voice, sorting through pictures, and other tasks that companies are trying to turn over to ai with these chips. ian: the task that you said, translating things in skype, recognizing whether it is a dog or a pig or whatever in those pictures. doing those in parallel. a gpu is good at that. small tasks in parallel. emily: this is a chip that normally games are built on. ian: that is exactly it. all of these teenagers living in their parents' basement that have gaming systems, they will pay $1000 for a graphics card because that gives them the most vivid image. those are the chips we are talking about. emily: doesn't intel dominate in service? ian: they h

the fires. >> nvidia has been the surprise breakout star of 2016. those year to date performance gains, i was reading in the "journal," match up to one of the best performing stocks ever for a year, that's netflix in 2013, i think it was. up almost 300%. so not quite there, but definitely not the same consumer name recognition for nvidia. who knew. >> of course not. >> it jumped another 6% yesterday after goldman late to the party put it on its conviction buy list. gave it a new spurt of life. >> hope you had nvidia in your portfolios this year. >>> when we come back, the 2017 play books, predictions on what next year will hold in the world of politics. that should be good. >>> first, our facebook and twitter question of the day. what do you think was the biggest market surprise of 2016? we'll read some of your responses on air before the end of the show. buss was built with passion... but i keep it grow byaking ery doar count. that's w i havthe spark cacard . with it, i en unlited 2% cash bk on all of mpusi. and thatnlimited 2% cash bkfr sa ousands

caroline: nvidia might be different. is their anger against qualcomm in years gone by that perhaps they cut the market to drive out competition? ian: there has been no price gouging. the argument is they have built this market position to 100%. nvidia failed, and mobile they underestimated. it was nothing to do with qualcomm's actual power then. there were companies stronger than qualcomm in the past. qualcomm had the right technology at the right time. that gave them this initial lead. there are arguments about what they have done with this market power, but the technology decisions and bets that were made back at the beginning of digital were won by qualcomm. caroline: bloomberg technology's ian king and editor-at-large cory johnson. facebook and google reigned supreme in the 2016 app wars. they dominated the list of the top app according to nielsen. facebook was number one with more than 146 million average unit users per month, a 14% growth over last year. not to be outdone, the company known for the world's most pop

qualcomm, amat, texan, nvidia, all down dramatically. and this rotation by the way i'm told at least by people who do this for a living having spoken to a number of my guys this morning is not over. they don't think it's over. >> no, it's not. >> it's going to keep going. may keep going for quite some time. >> you know, i think you mentioned comments on workday, i just want to go over again what happened in february. it was watershed, could be like this. workday stock fell from 64 to 54 when linkedin and tablo data. service now downgraded today by piper, don't forget salesforce dropped from 67 to 58. you're going to see and this is over several days they didn't bottom. you're absolutely right. this is day three of what could be seven-day, eight-day, at this pace it can't be 20 days. >> this repositioning will go on for a time. far beyond threats about leaving the country really having much more to do with tax policy. >> yes. >> which we should get to. but, yeah, facebook sub 115, that hadn't been seen since july. >> no. look, these stock

now, nvidia is up 220% this year. so at this point do you join the investment banks out there, the wisdom of the banker says and say, you know, it's a buy for me too? >> no. i don't. we were talking in the break, mel, about advanced microdevi s microdevices, for instance, where you have seen week after week a new 52-week high set over at amd, and it did it again today. new 52-week high. i'm goefocused in on that, and t one also has unusual activity. haven't had it in nvidia in a while. unfortunately, i haven't been on this train since 0 a80 all you way up to 25. missed the ride. wish i was on it. i'm not really tempted here at 105. >> it's interesting you mention amd. within the goldman note, they're talking specifically about gaming and the gaming population growing, and amd has repositioned themselves over the past few years as more of a gaming chip stock. also, there are the other areas. virtual reality, ai. i mean, these are the hot sort of tickets. >> when you are talking about the potential for semis right now a

send nvidia to the moon. considering the tenor and tone of these upgrades and the ease with which they moved stocks higher, loop capital, which stocks should be the next names to receive anyone from wall street's blessing? anyone? all right. first i'm saying that 3m is a natural. they held an analyst meeting last week and nobody really thought much about it. everything seems fine. no catalyst. that's perfect. some analysts can say that 3 m. can benefit from trump, right? there's a fight about that. but i got to tell you not when it comes to the stock market. oh, by the way, you can say that asia is getting better. how about this? innovation? yeah, the same stuff that's always talked about. but i think it can work. 3m, buy, buy, buy. how about walmart? all right. here's another one. this time next year we're going to be thinking about jet.com, not amazon. we can look right through this christmas and bet that jet acquisition will give amazon a run for their money next year. hey, buy, buy, buy. finally home depo

speaking of volatility, nvidia shares are lower. on pace for the worst since december 1. -- put out a cautious tweet citing concerns on market share competition in the data center business, and intellectual property. nvidia is now halted. it will be interesting to see what happens when the stock reopens. taking a look at oil on the bloomberg dollar index. we had oil up for eight days in a row, the longest winning streak since 2010. january 2010. dailyllion barrels starting this sunday. vonnie: it happens quickly when it happens. let's check on the first word news. the head of a labor union representing senior uk's civil servants criticized prime minister theresa may for not alleging the complexity of brexit. that's according to the guardian newspaper. the latest critique as for incerns the u.k. has not put place the resources for such a large task. may said she will trigger article 50 by the end of march. this may be more fallout from the brexit vote. may be's -- britain preparing for economic uncertainties. were at anposits annual

nvidia today. it's like set the clock, my apple watch -- oh, look at this. upgraded nvidia today. >> you give us a note each morning on the research, and i think you're line was you have to be kidding me. >> yes. well, because they went from buy to conviction buy. so then i started thinking did they not have conviction? did they not have conviction when it was just a buy? i mean, come on, guys. >> let's get to fed ex. down in the premarket. missing estimates by a dime. quarterly profit 2.80. the company did see higher volume compared to a year ago but margins were down, spending a lot on ground here, jim. how much of a macrotell is this right now? >> at one point fred smith who is an economist by nature who's the chairman, i'm not saying he lashed out at the analyst, but he did say, listen, guys, he says a thing here seems to be not clear to a lot of people these huge facilities opened up at fed ex ground are being opened with firm belief that our fed ex ground traffic is going to grow. well, i sur

steve says berkshire and nvidia. >>> good morning. santa runs out of steam. futuring poie ins pointing to a open on wall street. >>> and president-elect trump praises two companies for bringing 8,000 jobs to the u.s. >>> it's thursday, december 29th, you're watching "worldwide exchange" on cnbc. ♪ >> a lot of good songs in 2016. welcome back to "worldwide exchange" on cnbc. i'm sara eisen. >> i'm wilfred frost. to explain sara's point, we are playing all the best songs of the year for the remaining couple days of 2016. you mentioned the santa claus rally proving elusive, just like that dow 20,000 level. let's check in on global markets. more softness in the u.s. equity futures. saw a selloff on wall street. futures just flipped positive. we will see what we get in thinned out holiday trading. dow futures down five. that's an improvement from a half hour ago after a triple digit decline. as for the nasdaq, futures down about six. if also fell off of recent record highs yesterday. some of that softness is weighing on early european trade. let's show you what'

nvidia. some hedge funds have recently cut their stakes in the bioforma. qualcomm down 65%. they have a refusal of licensing its ski technology to a rival and rival chip maker. >> i thought you said you went skiing in europe. you went to canada? >> something like that, yes. >> international woman of mystery. >> she is. susan lee. thank you. >>> 30 minutes left in the trading session. a little less than that with the dow down 103 points. >> the ibb is still down about 20 points this year. which stocks you might want to consider adding to your portfolio when we flip the calendar. stay with us. hthis badoy is a bile trading dk so that i can takey ading platform wherever i go. you know tt thinkorsm seamless s across so that i can takey adinalyour devices, rit?i go. oh, soy custom studies will go th me? anywhere you w wt to g synconly at td aritrade sdevice wh thinkom.me? >>> welcome back. the dow down 100 points right now. home builders are under pressure with the national association of realtors

nvidia that's up two bucks. i want to caution people. i mean, these stocks have been going up over and over again. >> jim, see you tonight. big day ahead. "mad money" 6:00 p.m. eastern time. facebook live at 2:00. when we come back, more on the dow's march toward 20k. and then investors awaiting that rate decision at 2:00. janet yellen's news conference is after that. that will be all right here on cnbc in about four hours. ♪ ♪ for decades, investors have used a 60/40 stock and bond model, with little in alternatives. yet alternatives can tap opportunities that traditional assets can't. and even though they're called alternatives, they're actually designed to help meet very traditional goals. that's why invesco believes people should look past conventional models and make alternatives a core part of their portfolios. translation? goodbye 60/40, hello 50/30/20. enjoy your phone! you too. all right, be cool. you got the amazing new iphone 7 on the house by switching to at&t... what??.... aand you got unlimited

. >> caller: jim, whenever i see if yous about nvidia, it looks to be positive. with money recently rotating back into the tech sector, why has nvidia been going down so much? there must be profit taking and it's heavily shorted, but should it be going down so much? >> i got a lot of tweets today about this same question. i've got to tell you, i am always hesitant to criticize or knock a stock, sometimes stocks give you enough. this stock is up 171%. i think you've got people who say bulls make money, bears make money, hogs get slaughtered. that's what it's about. business i good, but the stock had such an advance from the last quarter, i think it's big stuff and you'll see profit taking coming in. you've got the right word for it. ryan in massachusetts. >> caller: jim, ryan murphy in massachusetts. how you doing? boo-yah. >> what's going on? >> caller: so get ready for the pats game tonight. before that, got a question about palo alto network. >> it's an expensive stock and this market does not like expensive stocks. there's been a lot of turmoil in the cyber se

nvidia is like american pharoah, now a great horse. calling an audible could help you find a solid company. best stocks have the triple threat going. go through the check-down. there it is. xilinx. much more "mad money" ahead. the u.s.-mexican border is 1,590 miles long. the wall would require three times as much concrete as the hoover dam. i talk to the ceo of u.s. concrete. the days of being chained to your desk to make calls, guess what, they could be numbered. all your calls rapid fire, during a very special edition of the lightning round! stick with cramer! we need to be ready for whatever weather may come our way. my name's scott strenfel and i'm a meteorologist at pg&e. we make sure that our crews as well as our customers are prepared to how weather may impact their energy. so every single day we're monitoring the weather, and when storm events arise our forecast get crews out ahead of the storm to minimize any outages. during storm season we want our customers to be ready and stay safe. learn how you can be prepared at pge.com/

that was -- other than nvidia. i mean, they've got machine, the artificial intelligence, the automobile. look at gm, it's loaded with nvidia and then gaming. advanced market is second-tier -- advanced microshows, not -- it's not a question of coming in second. it's not placing but advanced microis a company not nearly as good but pus jeffries. nvidia is the umbrella to take the whole group up. nvidia may be the story of our era because they got the chips for machine learning and artificial intelligence and cars. >> yes. i know some guys for whom that was their biggest position this year and they're buying drinks all holiday season. >> they got horse sense. come by me the o'donnell which is 12 bucks and probably cost me a dollar. sorry. cost me 11 bucks. >> jim mentioned the flash at b your screen, chipotle, getting the dealing with pershing square. four new names added to the board. i'm looking through the release right now. paul capucio, ali namvar this week. >> it's packed with pershing. it's not the directors. c

nvidia, micron doing really well. nvidia's up, gosh, just a lot this year. probably 200 -- advanced micro's probably up 200% for the year. micron's probably up 60%, 70%. these stocks have had enormous moves and the stock you want to own is sxd has been going up for a long, long time. it's essentially doubled in price since 2013. so the overall market has been strong as chips are virtually in every item these days. and that's the internet of things out there. guys, right now the dow 28 points to the downside. back to you, david. >> thanks very much, bob pisani. let's head to the bond pits. rick santelli joins us from the cme in chicago. rick. >> good morning, david. you know, the fixed income markets, foreign exchange markets, equity markets, many are trying to find exactly baht rhythm is to this with regard to fundamentals versus things like hope, but i can tell you there's a lot more with regard to clues there. we've had a very orderly move. now, check out one-week in tens. really tight range. hovering basically in the mid 2.50s and consider this the high y

and that's nvidia's. it's a higher performing product. >> reporter: now, nvidia will have to work hard to meet investors' expectations though. stock is now priced at 58 times earnings. more than double its five-year average. from leaders to laggers. one of the worst performing tech stocks this year is salesforce. the stock is down some 10%. and one concern there that ceo marc benioff might make an acquisition, but bulls at evercore expect this to work next year if salesforce gets back on track. emphasizing expansion and not headline making m&a. back to you. >> thank you for that, josh. >>> coming up, a case of whodunit. how the amazon echo might be able to offer a few clues in a murder investigation. that story is next. seen that on "dateline." "squawk box" will be right back. yo path to retirirent may nowayse clear. but t. rowe price, we can help guide your retirement savings. so whever your retirement jrneye your takes you, savings. we canelp you reach goals. or your adsor t. rowe ice. vest with confidc

if you look at stocks like nvidia, they have schematic boxes. the most dramatic play is games for millennium population. 50% of millenniums have played 10,000 hours of video games before the age of 221. >> my gosh. >> it's the number one hobby for male and females and their bread and butter. they have moved into super computers for autonomous driving. >> the $10,000, anything do you for 10,000 hours you become good at. moza mozart, bill gates, now you will be a good gamer. >> when you look at nvidia, up 250% year to date, some may say that's as good as it gets. you think it has more room to run? >> absolutely. they're creating new end markets for themselves. i don't think the markets are fully pricing in the potential within autonomous driving and vr yet. what about apple? we can't talk about tech and not mention apple what happens for apple's fortunes? >> i would be interested to see what they do with regards to augmented reality. it is my opinion that ar and vr will drive forward the fourth computing revolution. they have made more than ten ac

one of the real standout stocks the today was nvidia. goldman sachs says, it's time to out it on the conviction buy list. nvidia makes chips, graphic chips, used to be a big gaming chip, but now it's also in cars like tesla, model s. so they really are the power behind al of technology these days and a lot of different sectors. and that's the stock that's given us momentum. the best performer in the nasdaq 100, also in the s&p this year. interestingly youb take a look at some of the others that had stork highs today along with nvidia, they include comcast. we're getting a little bit more broadening, although chip names are up on that list. broadcom, one of the big, strong performers. microsoft may have been part of the reason why the dow faded a bit. it hit an all-time high this morning and then just kind of faded and was sort of flat the rest of the day. but when you take a look at microsoft here, you know, this was one of the stocks, one of the four horsemen that powered the dow to 10,000 back in 1999. and it's really come back here ov

we've got so many companies like nvidia doing well. i'd rather buy nvidia. alfredo in florida. >> caller: i want to ask about life sciences? >> this is down way too much on a series of misinterpretations. they have a ground breaking device. christi in alabama. >> caller: hi, yes, we love your show. what is your thoughts on pandora for now and later? >> roll tide. i want you to be long in it. think about the company for sale, i like it. and that, ladies and gentlemen, is the conclusion of the lightning round! this is my new alert system for whenever anything happens in the market. kid's a natural. but thinkorswim already lets you create custom alerts for all the things that are important to you. shhh. alerts on anything at all? not only that, you can act on that opportunity with just one tap right from the alert. wow, i guess we don't need the kid anymore. custom alerts on thinkorswim. only at td ameritrade. i am a first responder tor and i'emergencies 24 hours a day, everyday of the year. my children and my family are on my mind when i'm working all the time

he mentioned nvidia too. so obviously tesla is going to be huge in the autonomous thing ultimately. but invidia, 10% of their sales is going to auto right now. that's their graphic chips being used for the infotainment, but moving more into the autonomous segment. that's part of the reason this stock is up 200% this year. it's one of the biggest stories going on right now. tech is really the new frontier, which is the automobile. >> and that's why an xpi was bought. absolutely in the same areas. >> i'm with you, dan. it's the first thing -- i think the stock is a phenomenal stock. and again, the reason why it's up. i wouldn't necessarily -- phil made the point -- very important point. it's very early to play these stocks for this particular sort of partnership that's being established. we're talking a long runway here. i wouldn't jump into invidia. >> back above $200. i don't know what's going on, but i will tell you, every time they try to bury this stock below $180, it comes back, and the stock will be up $5 quietly. and i think it's going to make a push to all-time highs. we can

we're also watching shares of nvidia, stock of the year. the best performing nasdaq 100 stock in 2016. goldman sachs last week adding the stock to its conviction buy list, giving it a little more air, up another 5%. stay with us on "squawk on the street." an onean tbe bald ng you o but ere hop wi'm ppy th the way th elook.d tme ry eed abouty ha. feel beautif [ male anc ] haiclub offers aroven i love my ir. ir loss solution ckedour commitme to satid to aer prove haiross solutin nsant hair at no ch. ititas the best ing ve ever done looks good on me. malennncer ] call in xt fivminus to get youee brochure atobliga. it will tell y everythingyou t your hailoss problem and itree if you cl am more pleased than wh. eaook, i woulday, five yearser i'm 52 a i lk tter now i d when way s. [ male annnc ] anthat's not all. the fit 10opleleho call will alsfrom hair club y hairn ca now! what?y nehi] hey gary. oh. i'm crazy stress trying to afigu o this compx trade i bht in my comfoony, en, elp deal. isn't that r warre wellyou could get pport om thkorsm's in-

nvidia, sky work solutions, broad com. let's broaden that out. nvidia has been the biggest gainer of all stocks this year up 220%. >> huge gains below the surface here that we are about to put into the books. we are in the final minutes of trade frg 2016. let's open the trade book. predictions for the transportation sector. >> reporter: what a difference a year makes transport stocks rocketed to record highs in 2016. that ride could continue next year as freight demand picks up. first rails will recover after nearly two-year route volumes will finally begin to get back on track. put up more rigs. and shippers move more containers from trucks to trains. >>> package wars will be waged as e commerce surges ups and fed ex will face more competition. xpo logistics will become a household name and transport imports, dhl and tfi will double down on america. the wildcard, amazon which will keep building the network as the industry remains in denial. lastly, high tech trucks will hit the street. by year's end 3 million drivers use devices that log hours a

this is by nvidia investigation and after the event, but in other countries would be monitored more closely? would they have been able to monitor him more closely? germany does not exceed a thing. they do not. they have a strong liberal culture which is commendable, but this is not the first time they have slipped up like this. the 9—11 plot was carried out and executed by a cell in hamburg. they were living in flats in hamburg. we went to the mosque where they used to pray and gather in hamburg in october 2002 and local worshippers said that they used to see the german police but they did not know what was going on. it was hatched under their noses. they have had some very good intelligence su ccesses had some very good intelligence successes and they have stopped plots, but their aversion to snooping, which in some ways is understandable, is costing them now with things like this. thank you. a reminder of the headlines: two men have been found guilty of manslaughter after a tipper truck crashed in bath, killing four people including a four—year—old girl. the first footage emerges an

. >> next tweet, this one asks what is your outlook on nvidia in 2017. the ceo has been selling while everybody has been buying. carter, remember this is a stock that citron said he was short. >> right, a good kauchlt think about this, you are talking about a stock in the last three days has traded 115 million shares on a total of 105 million outstanding. 20% of the flow has turned over. a great run. highly unlikely it is a big performer next year. i'm a seller. >> next tweet, ryan sutton wants to know does carter ryan have a voice coach to keep that smooth, silky baritone. >> that's funny. my friend used to say it was quite nasally. we'll see. thank you for that. anyway, smooth and silky. >> comes natural. time for the final call. carter, what do you say? >> i like catch up trade xlv. >> i like cell gene, buy call spread. >> in 2017 think about what is going to happen. the set is going to remove more volatility, suppression of volatility. watch it go higher in 2017. >> looks like our time has expired. i'm melissa lee. thank you for watching tonight, and

nvidia was added to goldman's conviction list. nvidia is up in a big way, up more than 200%. 282%, justyear is up a big winner on the year. david: coming up, we turned back to the tragic attacks in berlin and uncorrupt and here for -- and uncorrupt -- ankara. this is bloomberg. ♪ jonathan: from new york, this is bloomberg. the dollar index the highest 2002, up 4/10 23, of 1%. goldman sachs forecasting another 4.3%. the consensus is quite clear, more dollar strength set to come throughout the year, next year. is really turning into one of the major stories at the end of the year. now we want to turn back to that tragic attack in berlin. german police are hunting for the driver of a heavy truck that you liberally plowed into a german christmas market. the suspect arrested for monday's terrorist attack may not have been the one responsible. isncellor angela merkel going to use the full force of german law to bring the perpetrator to justice. we are joined by nick burns, former secretary of state and now a professor at harvard's ken

winners and losers on the year, starting with winners, we are looking at nvidia, up two point 8% year on year. strength for their business, one higher, natural gas is up more than 8% of the year. of having a good of the year 99% as gold is on pace to finish up 8% on the year for its best year since 2011. to take a look at a couple losers on the year, health tripions for solar advisor, down about 75% hit by its business. trip advisor down 45% of the year as it continues to try and stage a turnaround. not so far this year. one day to go. >> thank you. we have breaking news, potentially exploring a sale of the company. we know it plans to kickoff a formal option next month with six possible bidders in mind according to a person familiar with that situation. the maker has been facing pressure to find an acquirer that could help improve profit margins. but the big move came yesterday up 23% in yesterday's trading. is after investors pushed the company la month to find an acquirer. that seems to be gaining steam. clearly, getting a voice at the company. taylor riggs has more, taylor. taylor

nvidia has been the best performer on the nasdaq 100, gaining more than 200%. powered by 2600 journalists and analysts. time to see how the asian markets are shaping up. we are watching toshiba. here is david ingles. david: we are obviously winding as you16, a quiet and would expect, volumes are thin. of trading for these two markets. you look at the futures, chances are we are going to get declines in southeast asia. one group of stocks i am watching closely, we will talk about jakarta and some of the other movers, or the mining stocks. that means it is quite a rally we are seeing. just to take you through a few of these names. 4%, 5%, 6% gains. these are closely correlated with the price of gold. are cominge, yields down. some money coming back into the bond space. , 251.0 year that is what you get as far as the spreads are concerned. we are looking at toshiba and also the airbag maker to contact. the daily limit on the back of wallreport out of the street journal, close to reaching a settlement. to hopefullyng have a settlement before that and of the year. w

premarket, nvidia shares are off another 2%. they lost over 6% yesterday, and a tweet by citroen came out against the stock. , we couldys by nvidia see some product announcements coming from the january consumer electronic show in vegas. david: oil falls from its highs closed in 17 months. how high can it go in the new year? that is next. ♪ alix: oil is off today, snapping its longest winning streak since 2010. nevertheless, it has been quite a ride for the commodity. this shows what we have seen in the last few weeks. we have seen a huge rally, the biggest since 2010 -- i should say the longest winning streak as we end out what looked like a dismal year. , authorus is dan dicker of shale boom, shale bust. $26 in february and now we are at 53. what happens in 2017? dan: i think that is the worst chart of oil prices i have ever seen. david: congratulations. dan: i finally figured it out. 27 looks to be -- 2017 looks to be one of the best oil years in my history that i can remember. everything is lining up as a perfect storm and

nvidia also gaining in premarket trade. it is higher by about 1.5%. the stock is the best gainer in nasdaq. tumbled 7% wednesday after citron research share says it should be at $90 a share. but nvidia rebounded 2% and they're higher again this morning. >>> coming up, a perennial fan favorite. we're going to take a look back at the best and worst moments of "squawk box" if there were any bad moments. >> so cute. >> that's coming up right after the break. today, ahelping pele . i amelpingpilsale eatmts today, ahelping pele . ing biions of pnts. predict thehs and ls of dia hours in advanc today, ahelping pele . d i am working wh orreco use biomarker da boost e performance athlete heo, my name is waon woing together, can outtnk athin wanto pamore to ste returns. paying try heo, my name is waon i wa my tax software t char mat the last second. there isotng i cano th an extra $. id no one ever. fileour taxes for free with edit karmaax. ...bter than a manua and my gie. toothbrueaeans ...t.ty're notllhe same. tus out, they're rlly... ifreo knewhad ea. so, e s

double upgrade and a rink amd with a buy, saying this is the only vendor that can take on intel and nvidia. big movers on the day, especially in the retail area we are looking at lululemon and taylor brands. lululemon is surging on a better than expected third-quarter and they beat earnings by 9%, the holiday quarter is turning fornd and taylor on pace its best day ever since 1992 after they raise the low end of the forecast. julia: interesting for lululemon because stock has been down quite sharply for the last month and a half. thank you so much, abigail. let's check in on bloomberg first word news. courtney: president-elect donald trump lands to name restaurant executive andrew as labor secretary. of a parent company of carl's jr. and hardee's fast food chains, he is a critic of the labor policy. more americans are optimistic about finances, especially the u.s. stock market according to a new bloomberg national pulled it shows growing optimism about the u.s. economy following the election of donald trump. that ll shows 38% say they expect a better financial year at about the same antici

the worst percentage performer for the s&p 500, nvidia shares are down although at one point they were pledging the most since 2015. all of this a short seller. andrew list put out a cautious tweet saying shares could be closer to $90 in 2017, and has concerns around market shares. this stock is up in an absolutely huge way, more than 230%. another andrew list short, this book in june on june 13, he said he was shorting facebook. over that time, shares are about flat, even up slightly, climbing into the third-quarter reports. 7% to 8%,s down about on pace for its worst performance since 2012 shortly after the ipo. they are plagued with fake news along with a bar being considered disappointed for some investors. mark: erik johnson has more -- vonnie: erik johnson has more. ik: secretary of state john kerry is said to outline a plan for the israeli palestine conflict. atcomes after the u.s. anger the yuan government last week. we will have more on this in just a moment. senator john mccain is not yet sold on donald trump's choice for secretary of state, rex tillerson. mccain spoke today.

>> although, nvidia is a fantastic story, that's also up -- >> but less affected by the volcker rule. >> exactly, exactly. and a steeper yield curve. >> mine are not that smart. the average dow stock is up 12.8% this year. the dow is not up that much. there's nine names up more than 15%. if it wasn't for nike, the average dow stock would be up a lot, a lot more. but the average dow name is up 12.8% in 2016. you're welcome. >> do you think dow 20,000 matters? >> i think it gets people interested. the retail investor interested in the stock market. >> i think, literally, watching channel 4 in dubuque, iowa, and they'll be like, dow 20,000. i think it does matter, because you're going to hear it more. >> i think symbolically, it's important. technicians will say, it doesn't matter that much, but symbolically, it does. >> for really deep wonky wall street people, it means zero. nobody looks at the dow anyway. but for america, and i love america, it does matter. >> all right. >> thank you for watch iing "por lunch," america. >> "closing bell" starts right now. >> hello and welcome to the "

we continue to watch the big names in this sector, but also with the likes of nvidia making near 200 gains this year. in europe, a quiet session. a lot of traders rushing out to celebrate the new year. a fair amount of red on the board behind me. we've been keeping an eye on the ftse 100 to see if it will hit the closing record high. doesn't appear to be the case this morning, off by 0.14%. let's get a shot of how the uk market fared on the year. it's a real outperformer. globally this index is higher 14%. a lot of that down to the post-brexit strength taking a cue from the weaker sterling. on the session, a bit of weakness, off by 0.14%. despite the ftse strength, you can't lose sight of the gains on the german main market. the dax is holding out on its own here, higher by 0.65%. yes, a bit of weakness today. overall investors have been relatively relieved given the political risks we've seen towards the end of the year. >> thank you. talking about markets and performance in 2016 in a moment, in other news president obama has ordered sanctions on two russian agencies and the expulsi

. >> there's a nvidia as well. >> perhaps facebook ultimately will be the one. unfortunately right now facebook has some other issues. i was in the best buy the other day and they had one of those oculus rift things. nobody, nobody was even buying them at all. and i think it's because it looks so ridiculous, sorry, guys. >> it looks ridiculous. >> really. as ridiculous as you normally look, this was five steps beyond. >> that's what i do for the team, i take one for the team. there's zero shot, by the way, that you would have done it. >> tom tom got a little sick. >> where is the baby cry? >> wahh! still ahead. >> no baby cry. >> a bloodbath for biostock exchange this year. it's gotten so bad, it's good. why the selloff may have created a buying opportunity for biggest names in the space. >>> oprah is getting slimmer. weight watcher's stock is getting fatter. shares surging after the celebrity spokeswoman said she lost 40 pounds using the program. how much bigger can the stock price get? we'll explain when "fast money" returns. oprah's cost basis on the share is