the bear won, karen finerman takes home the trophy tonight. gold metal for karen. horn. mike khouw? >> one of the things that the event upcoming in apple for investors is the opportunity to buy calendar spreads. >> grasso? >> deckers, did i mention earlier that i bought it? >> and that you won in the marketplace even though you lost in the street fight. >> wait until it closes above 60 for con firation. >> brian kelly? >> buy tlt. >> karen? >> it was a drop from today, realology but i want to add that blackberry wouldn't be short. >> guy? >> eastman chemical rallied which is encouraging. i think oil see you back here tomorrow at 5:00 for more "fast money." meanwhile, don't go anywhere "mad money" starts right now. >>> my mission is simple to make you money. i'm here to level the playing field for all investors. there's always a bull market somewhere and i promise to help you find it. "mad money" starts now. hey, i'm cramer. welcome to "mad money," welcome to cramerica. other people want to make friends, i'm just trying to save you a little money. my job is not just

we are trading tonight with karen finerman, dana than. let's get rate is to the big story "fast" is following tonight. the september rally the dow and s&p on track for their biggest weekly gains in more than six months. so should you stick with what's working or is this bull running out of steam. we are also awaiting marissa mayer to take the stage at the tech crunch concert. as soon as she does, we will bring you there live. in the meantime, we couldn't help but notice, yelp, facebook, groupon, new highs in today's session. >> to me, when you think of these four letter names up fabulously to date. that is obviously speaking to a risk on environment. it doesn't exactly speak to breadth. there is one of the things, we saw some rotation, added some different yielders, the yields just started going up over the last couple months. to me, i think we have a situation, a technical situation here the breadth is improving as the s&p is getting back to those highs. we sold off and now we're up about 4% from the recent lows in a straight line. what

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our traders are dan nathan karen finerman and mike khouw. over the great wall. we all know about the apple event next week. could the bigger deal actually with the day after, september 11. could this be the long awaited mobile deal in china. more importantly is this the game changer for the stock. here's what brian marshall said today. >> if you think about it china mobile is the world's largest carrier from a wireless subscription standpoint. over 740 million subscribers. this could be a huge mover for the company. >> he said this could mean 5 million new iphones in the december quarter alone. >> when all these iphone 5 c and s leaked out the stock sold off. investors thought it was going to be a run-of-the-mill upgrade. everyone was waiting for that 700 million china mobile deal. what brian doesn't say is there are 180 million users on their network that this 5 c is going to be made for. this is the exact sort of gee graphic exchanges this this company needs right now for this product that is facing a high end saturation in the market. >> there has been so muc

. >> i'm melissa lee, the traders tonight are dan nathan, karen finerman, john najarian and mike khouw. let's get to the big story that fast is following. the third rail, interest rates zoom higher today, the ten year yield finally breaking three percent just moments ago. so the question we ask is, as treasury yields surge will the rally in stocks get zapped or can rates and stocks rise together? dan, there are a lot of young folks in our audience. they don't remember that they historically rise together. >> there are periods that you'll see a disconnect and the sense that we have had in a short period of time. basically doubled since the summer. these trades have been very crowded, these yield trained, bond proxies, some of the names that people have crowded into like utilities and reits. if you look at the prices, they stalled out months ago. they anticipated this. to me you have to be careful here. home depot is a great example of a stock we heard about in the observation there, that this company reported great earnings two weeks ago. it's down ten percent from the highs making new

. >> i'm melissa lee, the traders tonight are dan nathan, karen finerman, john najarian and mike khouw story that fast is following. the third rail, interest rates zoom higher today, the ten year yield finally breaking three percent just moments ago. so

our traders are dan nathan, karen finerman and mike khouw. over the great wall. apple event next week. could the bigger deal actually with the day after, september 11. could this be the long awaited mo