our traders are tim seymour, brian kelly, steve grasso and guy adami. old technology stocks are becoming the new momentum names. look at the moves over the past five days for ibm, cisco, intel, and qualcomm. is it too late to buy into some of the tech players? let's start off with ibm. hpq's gain this year was ibm's loss. >> look at the last quarter at ibm.

our traders are tim seymour, brian kelly, steve grasso and guy adami. old technology stocks are becoming the new momentum names. look at the moves over the past five days for ibm, cisco, intel, and qualcomm. is it too late to buy into some of the tech players? let's start off with ibm. hpq's gain this year was ibm's loss. >> look at the last quarter at ibm. eps. but they continue to miss under revenue line. and they continue to miss badly. i think the business is floundering right now. but the stock performance, since they reported that quarter has been nothing less than staggering. the stock has held 175 three times. but since october, november, you basically put one in terms of ibm. i think you sell it with both hands here. i think they're going to probably have another lousy to miserable quarter. but the stock has been incredible now for a while. the last -- today's action in ibm, absolutely surprised me.

tim seymour, dan nathan, karen finerman, and guy adami, back from italy. straight to our top story. >> ciao. >> today, investors looking the other way as gold, a safe haven, hit levels we haven't seen since september. and yesterday, worries about china. copper barely moved the broader market. what do you make of a market like this? guy adami, want to go straight to you. fresh from your vacation. >> i missed you guys. in italy, i was in a line and i saw a hash tag. it was on television when i saw it. >> whatever. >> look, the last 40, 50 s&p points have me scratching my head. a great opportunity for the market to sell-off. didn't do it. closed on change. that's remarkable. what stands out to me is the strength in gold we're talking about, interesting levels, four-month, five-month highs. 25 is on the verge, to me, of breaking out the levels we last saw in january. gold trade is really interesting. i think the fact that there still seems to be strength in the tlt, leads me to believe that maybe yields are headed lower. there's some disconnect at some point.

guy adami, does that continue? >> we talk about oracle sort of getting into that next level now where they've -- where they've built on a support level now. growing from there -- >> new high today. >> we talked about that last week. it feels like specifically oracle feels like it wants to continue this move higher. that had the big selloff. two quarters ago, it was pretty precipitous. and it's gained everything back in spades. so people are getting very comfortable with oracle. nice job with microsoft. out of the ones that seemingly want to rally, i think ibm is the outlier you might want to sell here. >> i think at these levels, you've bought the myth, the future that you hope happens. microsoft was the biggest contributor in the first quarter of the s&p. let's talk about apple, though, big cap, tech, i think tech continues, apple 11 times 2015 is the place. people are rotating. this is what's going on. for all the angst in the first quarter, market's up small or flat. and what's happening is you're seeing rotatio

adami, does that make the u.s.e place or is this a time people should think about getting conservative until some of this sorts itself out? >> i have been thinking you have to be conservative for a while. i have missed the last 40 or 50 s&p points. let's get that out there that i've been wrong. a couple things stick out to me. the fact -- the volatility in the nikkei, i think it's crazy that that seemingly moves from 1.5% to 3% on a dailyup and dow talk about it. i think the genie is out of the bottle there. that scares me. i know sara can speak to that. the fact that the tlt has general strength means to me that maybe deflation is what's really out there. that's what we've been fighting all along, and that's a battle you can't win. i think yields are going lower in the u.s. and the fact that the s&p is up at these levels to me leaves me scratching my head. yeah, maybe it's a relative strength thing, maybe people are looking just to hide somewhere. i think they're playing a fool's game. >> the macro backdrop is alm

i think he's been talking to guy adami. >> janet yellen did a good job.back to the early days of ben bernanke, when he gave press conferences, he was a little unsure. janet yellen sounded very confident in explaining it. the key question is going to be how the market reacts. and also, the emerging market story is going to be interesting to watch the election. >> let's talk about the -- it comes down to labor market and inflation and how those pan out. can we whip around? >> i think greg made a very good point. folks need to realize that eventually we're going to see short-term rates go up. what does that mean for everyday life? what did you invest in? a lot of people need to be paying down the credit card debt. any variable rates, now is the time to do it. you're not going to see rates like you have right now. >> and interesting to see what happens, with the chinese karn currency, as well. >> it's been a shaky, vulnerable time for emerging markets. the question is, higher rates -- the prospect, now that it's out there. what does it mean for the rest of th

guy adami, did you know anything about the markets?val. >> the food court wasn't really much about stocks. those guys are impressive. >> look at how short those cats were. >> stay tuned. >> what color is that bow tie? and it feels like your lifeate revolves around your symptoms, ask your gastroenterologist about humira adalimumab. humira has been proven to work for adults who have tried other medications but still experience the symptoms of moderate to severe crohn's disease. in clinical studies, the majority of patients on humira saw significant symptom relief, and many achieved remission. humira can lower your ability to fight infections, including tuberculosis. serious, sometimes fatal events, such as infections, lymphoma, or other types of cancer, have happened. blood, liver and nervous system problems, serious allergic reactions, and new or worsening heart failure have occurred. before starting humira, your doctor should test you for tb. ask your doctor if you live in or have been to a region where certain fungal infections are co

tim seymour, steve grasso, karen finerman and guy adami. it was an ugly day on wall street, right? the major indices across the board, with the nasdaq, the biggest loser. but we're going to start with the lose in the last hour on the bank stress test. kayla has more details for us. >> there was good, bad and ugly when we saw the banks release what they were giving back to share holders. we'll start with the good. a lot of the banks did pass the fed test with no objections of what they plan to give back to shareholders. bank of america is increasing its dividend to a nickel. goldman sachs, interestingly, was one in question with the federal reserve. it had to resubmit its plan because the original one it submitted, it would give back so much capital that it wouldn't pass the fed level. we got a vague statement from goldman after hours, saying our plan provides flexibility, but not what that capital plan would be and if it would change. jpmorgan, a slight bump to buybacks. we should note, that is very slight. morgan stanley doubled its dividend and announced a new buyback of shares,

our traders, tim seymour, brian kelly, karen finerman and guy adami. we saw a pullback in the nasdaq. it peared the losses throughout the session with the help of tech names, microsoft, apple, ibm. >> these are places where there's some valuation argument, not just momentum behind them. certainly at microsoft. if you look at where the market was, a lot of people came out this week, we failed o break out on friday. we didn't get there. they were weak after triple witching which has been a tough week. we had china pmis last week. this set up for a challenging day. when you have weaker pmis in this country, people were worried. i don't think this is the reason to run for the hills. >> i would agree with that. you're asking about the momentum names, a bunch of them, i'm in. i do think so. i think you get into them now because you saw the bond market today in the u.s. didn't confirm the weakness. you saw copper not really confirm the weakness. china, overnight, was strong. this wasn't a broad based sell-off. this was in some of the high-flying names. they'r

pete najarian, jon najarian, and guy adami. 29 banks tested all passed. most of the big banks were rallying ahead of the results. i'll kick it off with a question that goes to kelly. is this a sell-the-news event? >> i don't think so. the space started to get moving yesterday, well before this. people anticipated the stress test coming out. but a lot of it had to do with the higher yields that the banks are going to be able to earn. i don't think this is a sell-the-news event. tomorrow morning, do i put a market order in to buy bank of america? absolutely not. you wait for a pullback on these. >> pete? >> i don't know whether you're going to get that pullback, b.k. the banks were moving before the tests. now, we've gotten through the tests. maybe there's a slight pullback. but i don't know if it will get people excited enough to jump in. you look at what the options markets were signaling all throughout the day. and finishing the day. you look at the xlf. traded over 700,000 contracts. almost all of those, over 600,000 were on the call side. almost the sa

this company has moved from being just in the bags, adami is buying in, selling slickers and boots ands like that, i'm not sure they're ready to do. the creative team is new, a company trying to do more, why go after it now? >> yeah, i agree. you i think there are two perspectives here. one, a short-term opportunity over the next month or two. to play coach, you know, around, just some slightly better trends than the street is looking for. if you're looking to invest in coach longer term, you have to buy into what the new management team is trying to do, that's going to be a longer process. they showed their new styles a few months ago. positive reception by the press. however, that does not come out until september, so it's going to be a while before investors get a good sense of what the new management, if their strategy is actually working. some roller-coaster rides here depending on what they do the next couple of quarters. trends look better for the march quarter, longer-term, they have to get comfortable with the management's new strategy. >> we'll be watching as well. matt jacob

our traders, steve grasso, guy adami, karen finerman. and tensions in ukraine, sparking a sell-off and it's not just equities. the ten-year treasury yield seeing its biggest drop in two months. copper seeing its lowest close in almost four years. is this the beginning of a bigger pullback. steve grasso. what was it like on the field as the game wassen folding today? >> for me, i thought it was more china. but when you see the drop-off in fields, china wouldn't have done that. art cashin from the floor and myself were discussing it. that would be ukraine. and for me, i think ukraine is just a passing blip. i don't think it's going to be there next week. yeah. that's all i'm seeing next week. if you're short, you take advantage of it this week. but look for a bounce next week. >> pete, how worrisome was today's move? >> there was a solid sell-off. but when you look at the financials, down about 1%. the energy, down 1%. the chips, down a little more. they've been outperforming. one thing that really stood out for me was the monster spike. w

guy adami was talking about priceline earlier.ades a couple turns richer than expedia, on a valuation basis, it's probably the better bet. that's a stock that had less than $8 in earnings in 2009. will probably do 52 this year. so, obviously, there's some good sentiment. but priceline is the one that's really performed over the long term. >> mike khouw, thank you very much for joining us. i don't know about you guys. i think he's looking kind of -- the best going. the combover. i don't know. i like this today. >> he dresses for where he is. he's in alaska or something. today, he's in -- >> sitting on the golden gate bridge yesterday. maybe he can do it for us again tomorrow. please? >> you can watch more "options action" at 5:30 p.m. and check out our website. and check out this move. sfx entertainment tanking today. right in line with karen's short call last night. we have to listen to our traders. ♪ [ bell ringing, applause ] five tech stocks with more than a 10%... change in after-market trading. ♪ all the tech stocks with a ma

our traders are steve grasso, brian kelly, dan nathan and guy adami. and the mother load coming for apple. our top story, stocks kicking off the week in rally mode. there isn't a lot of conviction behind this move. the total trade and volume today, the second-lowest of the year. is all the drama over russia, china behind us or not? and the v.i.x. was down a lot. >> there's fear going into the weekend. people knew it was going to happen here. but in a way, i think equity investors kind of repositioned a little bit. they took some profits. last week, we saw some momentum names get hit hard. winn and tesla. and they battled healthily today. the price action is not that surprising. the s&p 500 today, up 90 bips or something. made back half of last week's loss. i don't think this is one of the things, pound the tables we're going to new highs right away. >> the other thing is yellen, the fed meeting. and "the wall street journal" had an interesting piece saying the last time yellen spoke, the markets went up. >> no one is going to get in front with sell pre

adami and i want to talk about the russell 2000.l caps which we don't spend perhaps enough time talking about, those seem to be really getting a bit out of range, a really big spread here between what's going on with the russell and say the s&p. so i wanted to ask guy's opinion on if he's concerned about what he's seeing in the small caps? >> kel, i'm in your camp. you know i'm way in your camp, but at a certain point as i say all the time, price is truth. yeah, i think you have to look at the russell and you have to be somewhat concerned, but the momentum in the s&p is tremendous, and just to push back on the yields play, why would you ever buy bonds? if you had said to me, guy, the s&p is going to be within a whisper of an all-time high by march, where are ten-year yields going to bei, i would have said 3.5%. the bond market seems to be saying something that the equity market doesn't see. i think the bond market is going to wind up being right, but for now both seem to want to go higher. >> kate? >> if i can just return to this po

not just today, guy adami. but also year-to-date. you compare to the nasdaq or to socl, which is the social etf. >> we talked about the possibility of the stock to trade up to 58 in february. it did exactly that. and to push back to a high 40 print. it's underperformed on a great take. twitter's only gone lower. it feels like it wants to retest. the 47 1/2, 48 level to me. that's where it gets interesting. good stock action. good tape. the other side of that is good tape, bad stock action, which is what we see on twitter over the last couple of weeks. for me, it wants to trade lower from here. >> and the volume in the name is half of where we were two months ago. you look at the valuation. people are looking at what facebook is doing. to me, the whole thing is about getting scale in this space. and it's a battle. and these guys aren't showing where they can get global space. >>> move over cats on a roomba. some people are calling this the office mate of the future. the eva 500. if. >> a duck on a robot? >> there you go. >> that's cra

our traders tonight are tim seymour, josh brown, tim nathan and guy adami. marking janet yellen's news conference as fed chair, her words sent shock waves when she suggested interest rate hikes would happen about six months after qe ends. >> the language we use in the statement is considerable, period. so, i -- you know, this is the kind of term, it's hard to define. but you know, probably means something on the order of around six months or that type of thing. >> the dow taking over 200 points of its session low, ending the day down just over 114 points. and look at how we ended the day in the bond market. gold, financial, and the utilities. it's the intraday movements that were the most interesting in the markets. tim, what did you think of this move? >> for a fed that's being more qualitative. and i think as much as the bond market moves and the bond market leads, the bond market will get ahead of the fed. i wouldn't be that concerned about the move in the fed fund futures. the fed is going to tell us less. for a lot of people, it reinforces the fact that

our traders are pete najarian, karen finerman, and guy adami.h is intensifying. the nasdaq on track for its biggest weekly drop since june of 2012. you see it down there. the biggest point declines coming from big names like google, netflix, priceline and amazon. so, as the nasdaq sits

tim seymour, steve grasso, karen finerman and guy adami. it was an ugly day on wall street, right?nasdaq, the biggest

our traders, steve grasso, guy adami, karen finerman.ties. the ten-year treasury yield seeing its biggest drop in two months. copper seeing its lowest close in almost four years. is this the beginning of a bigger pullback. steve grasso. what was

tim seymour, brian kelly, karen finerman and guy adami.quarter, but first, breaking news on caterpillar. john harwood with the details in washington. john? >> reporter: melissa, we're going to have the latest in a series of senate hearings in which a subcommittee is taking on american corporations for the way they shelter income from u.s. taxation. the committee tomorrow is going to present testimonyut

pete najarian, jon najarian, and guy adami. 29 banks tested all passed. of the results. i'll kick it off with a question that goes to kelly. is this a sell-the-news event? >> i don't think so. the space started to get moving yesterday, well before this. people anticipated the stress test coming out. but a lot of it had to do with the higher yields that the banks are going to be

our traders, tim seymour, brian kelly, karen finerman and guy adami.

our traders are tim seymour, brian kelly, karen finerman and guy adami.your phone, your computer and your tablet. now, it's moving into your automobile, as well. we have details coming up. our top story tonight. stocks rebounding after hitting section lows midday. the crisis in ukraine, weighing heavily on troops. russia is denying

our traders are steve grasso, brian kelly, dan nathan and guy adami.king off the week in rally mode. there isn't a lot of conviction behind this move. the total trade and volume today, the second-lowest of the year. is all the drama over russia, china behind us or not? and the v.i.x. was down a lot. >> there's fear going into the weekend. people knew it was going to happen here. but in a way, i think equity investors kind of repositioned a little