can continue to maintain that >> we bring in cnn international correspondent hadley gamble and brian sullivans. benchmark oil fly below 60 bucks it was in freefall midday. >> there's too much oil in the world. opec demand is over 1 million barrels less a day than last year and production non-opec production, i.e., us and russia is up. you're up 1.6 million barrels a day year over year demand estimates coming down, 2.6 million barrels of additional oil than they see in demand oil is a perfect commodity, if there's too much of something, that additional barrel has zero dollars of value >> in other words, hadley, we've offset the loss of the iranian barrels which is what the secretary of state was talking about. there's a couple different ways this could hit the oil price those actual barrels are gone from the market. any supply disruptions in the strait of hormuz is always the concern but he's right prices went up earlier this year but now here we go >> they're not responding to the geopolitical risk. this is interesting because this is the same tone he took with me a week or so ago when i sat

brian sullivan is on assignment today. >>> a quick check on the marks as we gear up.es pointing to a solidly higher open. you can see these gains carry into the opening bell. the dow would open up by 96 points the s&p by about 10. the nasdaq up by about 63. much of europe and asia are closed today, as i said, for that may day holiday on the treasury side of things wear seeing some movement there as well. the 10-year treasury note yields 2.50%. the two-year treasury note yields around 2.27%. let's get right to your top corporate story. apple shares are popping this morning up by about 5.5% second quarter profits and revenues fell, but still beat forecasts. iphone sales dropping 17%, but services revenues rose 16% apple's third quarter outlook also coming in above estimates and the company plans to spend $75 billion more to buy back some shares. let's talk more about apple with tim lessco, principal at granite investment advisers, and dan identifies, he covers apple among other stocks i guess, tim, we're going to start with i do first. you're april apple shareholder are

. >> fast money does start right now, live from new york i am brian sullivan your traders tonight are pete najarian, tim seymour, steve grasso and guy adami are your stock investments falling again in what has been a month to forget? nervous buyers, though, they've been barging into bonds as more and more warning signs crop up into the market, but we have you covered. the top technician mark newton on what to buy now and salima kroft, and that, my friends is we'll get to the gefrts. it's hit its lowest level since 2017 yes, that sounds bad, but in perspective, we were cut 400 points at the low of the session. guy adami. >> yes, sir? >> good guy adami. do you take solace in the fact that we were 200 points off low the and the china-related stocks and the semiconductors, they actually ended higher. >> and welcome back once again, brian sullivan >> yes >> again, you're doing a great job here, and i think the bulls will be happy that the s&p 500 defended of the 2 hun-day moving average bounced off its seemingly and that sets off going into the rest of the week. i will still say this. i th

i'm brian sullivan welcome. let's kick off the second half of the show with your executive recap. everything you need to know in about 60 pekds e seconds frank holland back with that >> brian, here's what's leading cnbc.com right now berkshire hathaway is finally in on amazon. berkshire has been buying amazon stock, and buffett making it clear that he is not the one personally buying the stock. this morning amazon shares are up more than 2%. that stock far and away the most successful ipo of 2019 it priced at 25 a share. it closed at $65.75 per share. that's a is 63% gain the shares are adding to those gains in the early trade >> st. claire broadcast group striking a deal with disney to into sports networks that deal with value at more than $10 billion. brian, back to you >> frank holland, see you in a bit. thank you. >> let's get you up to speed on how your markets and money are looking on this friday morning, and we do have some green on the screen dow futures are up right now about 60 points. the s&p and nasdaq hire as well. the way that amazon news that frank just gave you has

welcome back to cnbc i'm brian sullivan let's kick off the show. a recap. >> fiat chrysler and renault are working on a merger to create the third biggest automaker. they would create savings over $5.6 million annually. this morning shares of fiat chrysler and renault increasing. >>> this morning johnson & johnson and several in the hot seat j & j denies liability. >>> and alibaba is considering a blockbuster secondary offering the company is looking to race $20 billion in a second hong kong listing shares of alibaba are up 13% year to date that's the news. over to you. >> let's get a check of headlines outside the world of business including tough scenes from dayton, ohio, where a tornado struck last night. phillip has more on that >> good morning. millions are still at risk today after storms wreaked havoc overnight in tornado a tornado described as large and dangerous was confirmed near dayton video capturing the moment the lights when out in that area more than 80,000 homes lost power throughout the state and now the city of dayton is asking it

i am brian sullivan.eping an eye on oil prices this doirn a touch right now, $63 barrel trading here that is not the story. the story is two-fold. two major developing stories from two major ope krchlc natio. first, iranian sanctions kicking into full effect today due to expire tonight at midnight iran says they will buck the sanctions and continue to export and sell their oil we're also following the latest political unrest out of venezuela. more protests are expected today. they turned violent yesterday. we'll take you live to opec headquarters later on in the show to talk more about both of these important stories. >>> meantime, your money and investments, halfway through the 5:00 hour, unlike oil they're a little bit in the green. dow futures a jump of about 47 points at the open, s&p and nasdaq are also higher do you know what else is higher? bonds. their yield holding steady buyers have continued to come into treasuries as well. we're watching that low yield on the market yesterday, stocks did pull

welcome back and thank you for being with us on a very busy monday i am brian sullivan.s right now. a lot of red on the screen all around the world the trade fight showing no sign of slowing down. friday we had a 450 point u-turn down 350 to finishing higher that's a distant memory. futures off right now. buyers coming into bontsds the yield on the ten year, it's at 2.42% what's ticking up? the price of oil oil up to $62.60 per barrel. there's a lot of numbers there arguably the biggest number of the day is negative 0.05 that is the current yield on the benchmark ten year german bond called the bund. a negative yield means you pay to borrow money from the government instead of the other way around, you pay them that should tell you about the state of nervousness joining us is james camp from eagle asset management james, what does 2 tell you when the benchmark bond has a negative yield. >> good morning. seems like a year ago we were talking about 30% solid debt for me the german situation is really the unresolvable nature of what's going on in the eurozone, at least in t

i'm brian sullivan tgif it has been a volatile week for the stocks and your money.a good couple of sessions but right now dow futures, they are down i will say this. they're down less than they were now they're down exactly 99 points now, of course, the dow gets all the attention. we get it. here's the point the s&p 500 is now just zero -- i'm going to write it down 0.2% to the downside think about that on monday, we had the huge drop. 600 points for the dow s&p down a couple of points. but then tuesday, wednesday, thursday scratching and clawing to the point where we are just a cat hair away from being positive this week now, futures are down. so right now it doesn't look like we'll get there, but that's the key. now, your stat of the day is this on the dow. the dow was down 0.3% in the week if the dow does not reverse that and gain more than 0.3% today, this will be the first four-week losing streak for the dow in three years. think about that one wonders. outside of stocks, bonds continue to get bought 2.38%. you don't need all those lines on that. that is the nu

good morning, good afternoon, good evening i am brian sullivan.d to see you on this monday dow futures down 14. don't make too much of it. the blue chips coming off the fourth down week in a row. the s&p and nasdaq both coming off their first two week losing streaks of the year. as always, more on the markets and your money but first breaking overnight president trump issuing a serious threat to the leaders of iran warning the islamic republic to, quote, never threaten the united states again. nbc's craig boswell is live in d.c. with more craig? >> brian, good morning good morning, everyone tensions with iran going up and down again as you mentioned in a tweet this weekend president trump warning iran not to threaten the u.s. again in that tweet saying if iran wants a fight, it will be the official end of iran now this comes amid a military buildup in the region. also comes as the u.s. -- the u.s. embassy in baghdad has been partially evacuated. all of this on unspecified intelligence reports that the u.s. saying iran is threatening u.s. forces in

live from new york's times square i am brian sullivan in for melissa lee, your traders are tim seymour, karen finerman, tim grasso and guy adami they tried to make a valiant comeback in the last hour. does that mean a comeback of trade war fears may be finally dying down or is it going to get worse from here? a top technician will be here it you think more selling is to come plus the consumer caught right in the crosshairs and the threat of rising tariffs looming and we've got a pair you've got to hear from, former sears ceo allen questrom and tillman fertitta the dow down 450 points in the lows before racing to make a comeback we still closed down 286 points and that's down 1.1% and something, my friend, that has not happened in eight years. the market taking few prisoners today. investors in small caps and they tumbled more than 2% and the crude oil down over 5% and the ten-year yield in its lowest level since 2017 and it's important to remember the s&p 500 is still higher than it was just one month ago the question with all this information and numbers, guy adami, what do we do now

. >> "fast money" does start right now live from the market, i am brian sullivan if for melissa lee and your traders are tim seymour, care know finerman, dan nathan and guy adami tonight it keeps getting worse for investors in semiconductors and the semis slammed on track for the worst month in a decade. one technician says the game may be over and he'll tell you what names he's buying now. from a semislump to a social sag. people are fleeing facebook and people will tell you what's hot and what's not and what it means for these high-flying stocks, but first. we are in our worst slump of the year for stocks and it got worse today. the dow off 207 points and bond yields, they moved down again and buyers moving in the averages ended on the lows for the day and with heavy volume, never a good sign, but investors have been running for safety, real estate at a record high, up 17% this year, consumer staples and utilities both up 11% in 2019. also both near their highs here's the question, what do these run, guy adami a buy in utilities and a buy in real estate and a buy in bonds and an inver

afternoon, or good evening, and welcome from wherever in the world that you may be watching i'm brian sullivanou're looking live there at beijing, china tensions rising as the trade fight shows no signs of letting up there are more tough words being flown on both sides. we will take you there live in moments, but first to your money this morning it could be another rough day for the market futures are down triple digits right now. 131 points on the dow. remember, in the last couple of weeks and months, the futures -- i'm not saying ignore them -- but the futures have tended to understate recent moves, if that's the case, that might not be a great sign for the market today. yesterday the nasdaq 100 and the transports considered a leading indicator saw a fourth straight down session all the major indexes, all of them are below their pace for the worst month of 2019 with the dow, s&p, nasdaq on pace to break four-month win streaks bond yields may be a bigger story than stocks. the benchmark ten-year note continues to drop. it is now at 2.23% this morning, and maybe the chart to watch is this one

let's bring in now cnbc's brian sullivan. brian, a lot to sort through here. first of all, the idea behind this, a 5% tariff to stop immigration, does that make sense? >> does it make sense? not to the u.s. markets right now it does not because the stock market is deeply in the red in the pre markets right now. we are seeing red across the board. if you are a u.s. ceo i know you also probably think it doesn't make sense because nafta 25 years ago told you that it's okay to move your supply chain to mexico. we actually encouraged it. u.s. companies did that and now they could be at risk. here is the reality, we buy a lot more from china but we sell a lot more to mexico. mexico, in fact, is about a 70% larger trading partner for u.s. companies than china is. this all coming, by the way, on the cusp of the signing of the usmca, the unfortunately named new nafta, if you will. this catching everybody off guard. 5% on june 1st, 10% on july 1st going up to the possibility of 25% on $300 billion worth of goods if the president is not satisfied with any changes they ma

i am brian sullivan in forrel melissa lee. >> your traders are tim seymour, carter worth, steve grasso and guy adami. today we dig into the biggest ipo of the year, beyond meat up 250% since they debuted and the shorts are getting cooked and the analyst is here with the bull case and that's noble and we'll start on what was a wild week for the market and your money. investors buying and selling on nearly every trade headline in the markets valiantly and futily trying to make a comeback and the conflict with iran adding to the nervousness, as well, so what is the macro market telling us, if anything, guy adami. >> yes, sir, about the trade deal and is all of this volatility, maybe, maybe, a chance to get in or get out? >> first of all, great having you here you do yeoman's work >> the hard way. >> a five and five >> i knew that >> i'll say it again, i thought the markets were low for a while and i've been wrong, but this week in a lot of ways has solidified my view 2940 in the s&p and we have a great technician, carter worth will tell you that's a pretty decent double top, and i'll say

. >> the next question is from brian sullivan, bloomberg news, your line is open. >> jerry, the last before the official start of the season, -- >> i'm sorry, brian we cannot hear you clearly. >> that didn't help either. ryan -- brian? operator can we take the next question? >> the next question is from josh solomon, your line is now open . circulation in the northern down, what role does that play in the amo cycle . >> let me back up, there is an atlantic thermo healing circulation in the atlantic basin to a clockwise rotation and the changes in that circulation are associated with the multi-decayed all changes in the oscillation. they are part and parcel of the same thing, the deep ocean part of circulation. various studies indicate they may be changing, but what we've seen through the last several seasons is the atlantic ocean temperatures remaining warmer than average, the west african monsoons stronger than average and last year was a strong west african monsoon that help to really strengthen last year's season. so no, we are not out of the high act the error just yet . >> opera

. >> our next question comes from brian sullivan, bloomberg news. your line is open. caller: gerry, the last five years there's been more and more -- [inaudible] -- before the official start of the season. instead, long-term trend you're expecting there? >> we can't hear you very clearly. that didn't help either. [laughter] brian? operator, can we get the next question? operator: all right. our next question comes from josh solomon, tampa bay. your line is now open. caller: dr. bell, i've heard that the circulation in the northern atlantic is starting to turn down. what role does that play in the a.m.o. cycle? mr. bell: let me back up for a little bit. there's what's called the atlantic thurmo hailing circulation. it's a deep oge circumstances -- ocean circulation in the atlantic basin. it's a clock-wise rotation and that -- the changes in that circulation are are associated with these a.m.o.. so they're part and parcel of the same thing. the thurmo hay lean circulation. various studies are indicating that that may be changing. but what we've seen in the last -- you k

cnbc's brian sullivan.hat is the attitude of the counsel when it comes to these tariffs, when it comes to china? you do have -- i was recounting yesterday with the sitting congressman, now 25 years ago, we were fighting mfn. china was guilty of intellectual property theft on a massive scale. that has continued. there's been american corporations that have gone over and made sweetheart deals with china, transferring technology to china down the road. i mean, this is a problem. it is a growing problem. china is not our enemy, but they're our main competitor. if not tariffs, what do we use to check the chinese? >> look, china has been in the world trade organization for nearly 20 years. they have taken advantage of it. trade imbalance is not quite as bad as everybody says. probably 30% less because everything out of china is really produced elsewhere. put that aside. the real question is will raising tariffs do something? the answer is the chinese will agree to buy more american goods. they may reduce some of

. >> i am brian sullivan it's a busy day. let's get right to it.ou would no doubt wake up and wonder if yesterday's market route is going to continue well, the futures are indicating that it won't. they're up 88 points right now, but. the futures were down, what, 200 yesterday. the market fell 617 points futures had the power to change, but we are up right now on the s&p, dow, and the nasdaq five dow components are now down more than 20% from the recent highs, including apple bond yields are not moving that much what about the rest of the asian markets? let's get a check there because the hong kong hang seng was closed yesterday it is back open for trading today, and it didn't fall that much down 1.5%. the shanghai composite again, it fell but only about .7%. the idea being there's a lot of talk perhaps that the chinese government with their stimulus plan has stepped in and started buying stocks. in the early trade in europe, we don't see the fear we had here yesterday moving across. look at that green on the screen. the french market, wow, up near

. ♪ >> good morning, good afternoon, good evening welcome from the world you are watching oom brian sullivanhe u.s. markets and your money are really being controlled by two places right now washington d.c. and the city that you are looking at over my shoulder here. beijing, china trump trade and tensions all topping your headlines we just got some new information about how strong or maybe weak the chinese economy is right now. more on that in one moment it is decidedly better this morning. at least right now do not look for that sell-off to continue futures are slightly higher. very slightly higher dow up 23, but we are not in the red. of course, all this coming off yesterday where stocks got hit across the board nearly every major index posting its worst days since either late march or early january worth noting, however, the nasdaq and the narks 100 are still up 20% context matters. the chinese markets this morning are in the red they lost we'll call it 1% for shanghai about a half a percent for the shen zen composite the chinese yuan at 6.77 treasury yields, they did fall yesterday. buye

let your hair down ♪ you got to keep your head up >> thanks for watching worldwide exchange i'm brian sullivanrms look right now we're halfway through the 5:00 a.m. hour. stock futures are, like i said, knee been trying -- this has been a trend every day, folks. we come in futures are down then they start to turn around i'm simply saying they haven't been ae great indicator. we are mildly higher across the board. remember also at 5:00 a.m., they're very thinly traded a couple of guys to place an order. they can move the markets. you like that? >> i'm watching and learning >> don't do this in the bond market we're seeing benchmark ten-year yields at 2.42%. a lot of money out there it needs a home, and they have been big bonds the'sian markets, mixed trade. we saw japan fractionally higher hong kong up, shanghai down wrash similar story. a little bit of red. a little bit of green. now it's all green it's like the italian flag now it's just green. let's talk about the markets and your money and why the trade war may be more of a tech war, and it could have a big impact on your money the global in

. >>> i'm dominic chu in for brian sullivan we're looking at a live shot where we're following a big developing story wrish prime minister theresa may under increasing pressure to step down in her role as prime minister some reports say it auto could happen within the next 24 hours. we'll take you to rond with more in just a little bit here. we are seeing yields fall for a little bit here. on the u.s. ten-year note side of things, we are currently at 2.37%. the two-year note around 2.2% as well in the asian trade, we also saw specks of red there going as well a good amount of it. the nikkei and japan off a half a percent. the hang seng in hong kong 1.5% to the down side the shanghai composite 1 .5%, and the south korean kospi to the down side. in the european trading that negativity also carrying through today. the da & in germ ann off by over 1.5% same with the cac in france and the ftse 100 off by a little over 1% as well. wr also watching and keeping a close eye on the british pound calls are growing louder for theresa may to step down let's get right oit to steve sej we can live

i am brian sullivan. you come in. you expect one show. an entirely different show let's get to your big breaking story of the morning british prime minister theresa may announcing she will step down on june 7th steve sedgwick is life outside of 10 downing street with more on what was a passion yats and at times emotional and brief resignation speech from prime minister may >> yeah, absolutely, brooirn i think she held it together right until the last moment when you could hear that emotion coming through in her voice. we learned a lot in this speech although there is a lot more we have to know how things will transpire. the question is will a remainor or brexiteer eventually become the next leader of the conservative party hence, the next prime minister will that change the whole convoluntarily outed brexit process? let's listen in to a couple of key points we heard right at the start of her speech from prime minister may. prime minister saying she will stay as prime minister for the state visit of donald trump and the memorial services o

let's bring in cnbc's brian sullivan. let's be really clear about what a tariff is and what it does and who is impacted by it, not quite the way the president explains it. >> it's paid for by u.s. importers. you're china, i'm the united states, you sell me a good, i pay for it at the port of entry and theoretically pass it along to consumers. u.s. consumers pay. larry kudlow sid that as much on an interview on sunday. right now it's mostly raw goods but this new round of tariffs could impact more of the stuff we buy directly at the store. if the third round kicks in, that's 25% on everything that we import from china that, is shoes, toys, household goods, that's the direct pass-on to the u.s. consumer. >> so, elise jordan, i'm trying to think of a way to phrase this but you just wonder is he deliberately trying to tank our economy? i mean, what would be the win for donald trump and the united states of america and the united states of america being co-equal with the president, what's the win here for the united states? >>

i am brian sullivan. thank you very much for joining us on a very busy morning. stocks in selloff mode this morning. president trump threatening to ramp up the pressure on china. dow futures are down big is he threatening to raise tariffs from 10% to 25% on 200 billion worth of goods issuing new tariffs on another 300 billion in chinese made products dow futures off 507, s&p and nasdaq futures down as well. this, of course, coming off a very big friday for the markets where the dow and nasdaq 100, anyway, posting one of the best days in weeks. bonds getting a bit of news. yield down 2.52% stocks in china plunging overnight. as you can see the shang heng index down 5%. effectively the nasdaq of china down more than 7%. now in europe overseas we are seeing the u.k. market close germany, france, the other major markets like us are down as well now in the broader markets the price of oil is actually down. why would you say that we are sending a carrier group to the east. tensions are rising. we should see the price of oil up that's not the case. if this is enacted it

good morning good afternoon good evening from wherever in the world you may be watching, i'm brian sullivan thank you for joining us on a very busy friday looking at a live shot there of washington d.c. where as of five hours ago, 12:01 a.m. eastern time, a new round of talks on $200 billion in chinese goods kicked into effect they go from 10% to 25%. we have full team coverage of the major breaking eunice is in beijing tracie potts has more from washington d.c. about the negotiations >> we have word from state-run chinese newspaper overnight that the negotiations are set to continue, but will it really change things? we heard overnight nothing we didn't see any sort of break-through even though investors and consumers and manufacturers were also holding some sort of late night deal. is this a smart move by the president to impose these tariffs right in the middle of negotiations well, there's some debate about that here in washington, but, bottom line, it's a done deal now as they try to continue to work out things like intellectual property rights and currency and all the terms that the p

thank you for being here with us here on cnbc i'm brian sullivan appreciate you joining us.second half of the show. of all the news you need to know in about 60 seconds. kate rogers who is fired up about something is here now with the news kate >> brian, don't know what you are talking about. here's the news that's topping the headlines right now. the u.s. is rolling back some restrictions on huawei it gives suppliers and its customers a 90-day break from penalties. they black listed huawei from national security concerns fed chair jay powell talked in corporate debt in a speech in florida overnight. mr. powell saying the level of debt in the corporate balance sheets could sfres stress if the economy were to weaken aeedded the fed would continue to impact growing jet and sees the overall risk to the economy as moderate. and the eocd is out with the latest global growth forecast. the headline here, broen, global growth has slowed abruptly over the past year and is going to continue the eocd expects global gdp growth to be 3.2% this year. the group blaming a lot of the slowdow

brian sullivan is off today. let's get you up to speed on the markets. futures are pointing to a higher open after a rocky session yesterday with the dow briefly dipping below that 25,000 mark all major averages are on track for their worst months since december of 2018 futures now up about 62 points for the dow, meaning we could open up around 43 points when regular cash trading kicks off the s&p 500 up by 5 points the nasdaq up by 17. treasuries, a huge focus every trader across all asset classes is watching what's happening with these interest rates and the yield curve. overall the differentials between rates, two-year note yields right now ticking slightly higher. 2.11%. the ten-year 2.27% we'll keep an eye on those rates. turning overseas, in asia, we are seeing a bit of an action in trading there. we have the nikkei off by a quarter of a percent the hang seng is off by a half of a percent the shanghai off by a third of a percent. the kospi in south korea up by three quarterers ofs of a percet the dax is up. the cac in france also up. the ftse is up

i am brian sullivan. stock futures are mostly higher now.out 40 points right now the nasdaq and s&p are up, not a lot. we're not seeing a lot of green on the screen, but there is green on the screen. as always, more on the markets and your money in moments. but first, we have to begin with this following a major, developing story out of the white house president trump signing an executive order that effectively black lists chinese telecom giant huawei let's get live to beijing with more on this big story, eunice >> reporter: thanks teach. that executive order from the president is meant to safeguard america's i.t. infrastructure from quote, foreign adversaries, it does not mention huawei specifically, but at the same time, u.s. officials have been criticizing huawei and calling it a security threat separately, the commerce department added it to the u.s.' entity list, saying they are suspected of activities that have breached u.s. national interests, and because of that, u.s. firms that want to sell to huawei are now required, first, to get

welcome back, and good friday morning, i think, and thanks for being with us here on cnbc i am brian sullivanr strong cup of coffee. it is shaping up to be a big market day a lot of things are in flux. stock futures, this they are deep in the red. dow futures are indicating a drop of nearly 260 at the open all this as president trump threatens to impose a round of tariffs on mexico starting at 5% on june 10th, moving up to 10, 15, and then 25% by october. if they do not stem the flow of migration over the u.s. border it is not just stocks the bond market, which has already been on a big move this month continues the move look at that the yield on the ten-year treasury note down to 2.16%. that is its lowest level in nearly two years stocks in the mexico, they could be the international market to watch as well. the biggest etf, there's a couple, but the big one is the eww, and we have a premarket trade on that, and it is ugly. the eww down 7.4% right now. what else is down is the mexican peso the yen is rising but watch the peso remember, this is an inverted chart, so as that line goes up, that

live from new york's times square i am brian sullivan in for melissa lee, your traders are tim seymourn, tim grasso and guy adami they tried to make a valiant comeback in the last hour. does that mean a comeback of trade war fears may be finally dying down or is it going to get worse from here? a top technician will be here it you think more selling is to come plus the consumer caught right in the crosshairs and the threat of rising tariffs looming and we've got a pa

. >> fast money does start right now, live from new york i am brian sullivan your traders tonight arerasso and guy adami are your stock investments falling again in what has been a month to forget? nervous buyers, though, they've been barging into bonds as more and more warning signs crop up into the market, but we have you covered. the top technician mark newton on what to buy now and salima kroft, and that, m

let's bring on brian sullivan.round the world are seeing heavy losses on this latest developments. what are the chances talks gare in tact. our futures indicating a 500-point drop at the open. the market was thinking we're going to get some kind of a deal. these trump sweeps and the pro expects of peacekeeper because chinese does not like to be backed into a corner as well, which is what the president's peers to be doing. we're talking about 15% higher on the 200 billion. so about a $30 billion increase in the amount of tariffs. keep in mind, i know tariffs are confusing. tariffs are a tax. if joe ships something to me and joe is overseas and he ships me something, i pay the tariff. >> you know, that's the thing, though, it's not confusing to anybody except the president of the united states who in tweets is bracing about all the money that's he got kwen any third grader -- mean not third grader but a smart third grader would know just what you said, tariffs are taxes ares. >> well, there's also the new round of ta

. >> "fast money" does start right now live from the market, i am brian sullivan if for melissa lee andseymour, care know finerman, dan nathan and guy adami tonight it keeps getting worse for investors in semiconductors and the semis slammed on track for the worst month in a decade. one technician says the game may be over and he'll tell you what names he's buying now. from a semislump to a social sag. people are fleeing facebook and people will tell you what's hot and what's not and what it means for these high-flying stocks, but first.

i am brian sullivan in forrel melissa lee. >> your traders are tim seymour, carter worth, steve grassof the year, beyond meat up 250% since they debuted and the shorts are getting cooked and the analyst is here with the bull case and that's noble and we'll start on what was a wild week for the m

. >>> let's ge to brian sullivan. >> we have a big drop yesterday. good morning, by the way.nes are in control at this point. people are still very optimistic. some kind of a trade deal is going to get done. you can talk to insiders. they may whisper. i don't think it's going to get done, but the markets still say they are. the other big news is theresa may. 2 1/2 years as the helm of the prime minister of the united kingdom resigning at 5:01 eastern time. short speech, at times emotional. trumping what she did do in her time, but it was what she couldn't get done, which was brexit. she couldn't please the hard-core brexiteers, couldn't please the anti-brexiteers. now the uk is going to have to find a new prime minister. the odds right now are on former london mayor boris johnson. you could get a hard core sort of right-wing, very pro-brex pro-brexiteer in as well. sad day, difficult day for many in the uk. the uk. can i say that on tv? >> i think you can say that on tv. >> the poop imemoji? >> absolutely. >> have a happy memorial day weekend. we greatly appreciate it. jay ro

you have a personality, too i find you very entertaining do you >> you are tweeting out about brian sullivan >> do i entertain you? >> tweeting out about him. how many followers have i gotten you on twitter how many have i gotten you i follow you >> hundreds. hundreds hundreds hundreds yes, that is true. zoo does he do all that for you? >> no, he doesn't. no, he doesn't >> i didn't think so >> yeah, that's really annoying. yeah he should. >> keep it up. keep it up thanks when is this going to be over? we are going to still do this by friday i'm counting on this no >> you think it's happening on friday >> probably not. >> i'm hoping. i'm hoping so we can all relax >> you think this is getting done on friday >> i think the tariffs will go on >> you think the tariffs will go on friday. >> midnight thursday >> you remember u.s. mca that was weird >> with canada, right? >> it could loo like we were so far apart, and then it's like the next day it was like, oh, yeah, we're going to -- >> same thing happened >> we'll see, eunice thank you. i liked what you tweeted out yesterday, eunice, that showed

he saw the beatles on the ed sullivan show which was filmed live right up the street and that changed everything. briants a dream to actually be neighbors with paul mccartney out in the hamptons. ainsley: i saw him uptown girl christie brinkley was on the front row and the camera zoomed in on her. the audience was zoomed in on her the entire time so pretty. brian: if you have to break up with your wife have their relationship. they get along great even though she was two or three wives ago. steve: happy birthday, billy joel. the president of the united states was down in the panhandle in panama city last night and can hardly pick for the democrats to pick their nominee so he can start running. he had a wide ranging rally as they all are here is a snippet of you who these investigations on capitol hill actually help him. >> you got some real beauties, crazy bernie. a choice between slippy joe and crazy bernie. [laughter] and i will take any of them. let's just pick somebody please and let's start this thing. they think the more they can hurt us the worse they make us look. i think they are making us loo

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