i am brian sullivan in for melissa tonight. dislocation in the marketplace, whether it's old hat or new to options. if you're new with us here you're looking for smart and substantive insight. we'll do our best to provide that with us is mike and tony our collective mission tonight, gentlemen, if you are ready to strip atwai sound and the fury, the names and of course the blame we're going to explain the way it happened and how to proceed tremendous here. i know each of you have very specific thoughts, so mike, i'm just going to throw it up there. a big old fat softball team my friend, what do you make of this week because options were a -- single week options were a big part of this story >> yeah, they certainly were this week was certainly extraordinary on a couple of fronts one of the things we definitely saw was extraordinary options volumes. some of these most volatile stocks that we haven't mentioned yet but are on the tip of everybody's tupgs, names like game stop, macy's, fossil, nokia, blackberry. all these stocks that

i am brian sullivan in for melissa tonight.location in the marketplace, whether it's old hat or new to options. if you're new with us here you're looking for smart and substantive insight. we'll do our best to provide that with us is mike and tony our collective mission tonight, gentlemen, if you are ready to strip atwai sound an

looking for more stock picks, btig's favorite names for 2021 get the full list at cnbc.com/pro brian sullivan joins us with an opec news alert. what's going on? >> reporter: yeah. if i have to pop off because i'm on the press conference, the saudis shocking everybody in announcing a 1 million barrel a day surprise cut the saudi minister prince abdul aziz joked at the beginning in a he had a surprise for the meeting, and he wasn't kidding they are coming out and cutting by an additional million barrels per day. oil is soaring right now oil stocks are soaring right now. nobody saw this coming i mean, opec generally either leaks all the time and we tend to report on things that are being whispered about. a lot harder to do that virtually. we're seeing the price of oil up 5% right now the xop etf is up 8% and some of the more heavily shorted names up 9%, 10% as well the saudis doing it unilaterally doing it on their own, basically a gift to show solidarity and, in fact, the russian minister called it a new year's gift and actually briefly smiled. if you know alexander novax, that's a rarity. they

i'm frank holland in for brian sullivan, aka, big papa.w your money and investments look right now as we're halfway through the 5:00 a.m. hour stock futures they're mixed, they have been mixed all morning. the nasdaq is the only one in the positive has gained a little bit more from just a half hour ago when we started the show the s&p and the dow, both down the dow increasing its decline as we continue the show. now, this all after stocks ended slightly lower yesterday the busiest week of earnings, it just continues to roll on. with big tech once again in focus. you see it right here. apple, facebook and tesla all report their results after the bell today still coming up, we have visa and honey well, a big week for tech also airline earnings and comcast there. investors will also be keeping a close eye on comments from fed chairman, jay powell who will speak this afternoon after the end of the fed's latest policy meeting. a lot going on today clearly. >>> to this morning's other top stories, the biden administration is ordering an addition

brian sullivan. here's how your money and global markets are setting up your day on this thursday stock futures right now, they are slightly higher with the exception of the nasdaq. the nasdaq actually in the red stocks, they've struggled for direction this week after notching records just last week as stimulus prospects, political turmoil, continue to weigh on investors. the dow, s&p and nasdaq are up roughly between 1 1/2 and 2% this year. we have to talk about the russell 2000, it continues to outperform, up nearly 7% in the same period. the nasdaq getting a big boost yesterday from shares of intel shares just surging, 7% after the chip giant announced it had ousted ceo bob swan, it urged sweeping kangs changes at the companies. shares are up slightly, more than a percent and a half, and we are watching shares of affirm holdings, the stock initially opening at just under 91 a share, after the ipo priced at $41 apiece right now, the shares, you can see it right here, up almost 7 1/2%, right at 104,

got a news alert in the nba, and it could be our trade of the day brian sullivan joins us on the faste with hat brian. >> big fan of the show first time in a long time here, guys seem to confirm that houston rockets have initiated and completed a monster trade more complicated than a four way barbell straddling action. james harden is going to the brooklyn nets. it is a four-team there action hard in is the key focal point here he's been unhappy in houston he is out. he'd headed to brooklyn to be reunited with k.d. and kyrie ir irving they get some first round picks and pick swaps as well a pick from cvd, too the headline, the pacers are involves they get victor oladipo. james hardin out of houston, houston set to launch on essentially a big multi-year rebuilding process as well lot of picks, lot of flops hardin is out. oladipo and others, i feel like guy donny calling the wfan >> brian, thanks brian sullivan with the latest he mentioned multi-team, the pacers, the cavaliers as well as the melts. you know i have no idea what was just said by brian he's a great guy, great reporter i wi

with your cnbc morning business report, i'm brian sullivan. >> brian, i like how seriously you take that. i will see your chicken and raise you a pizza. an all-new menu item at pizza hut to celebrate the 25th anniversary of the stuffed crust, you can see it on the right, is nothing but a stuffed crust, a ring of the cheese stuffed dough without pizza. you can get it from today through thursday in california and texas. it is free with a $10 purchase, laura. >> i was going to say, it better be free. too early to be talking about that, boys. >>> we are talking about packing up and moving out, next on "today in the bay," the state many californians are now relocating to. it may or may not come as a surprise to you. we'll be right back. my body is truly powerful. i have the power to lower my a1c. because my body can still make its own insulin. and trulicity activates my body to release it, lowering my blood sugar from the first dose. once-weekly trulicity responds when my body needs it, 24/7. trulicity is for type 2 diabetes. it's not insulin. it isn't for people with type 1 diabetes. don't t

with your cnbc business report, i'm brian sullivan. >>> thanks, brian. 4:43 right now. recall support. next on "today in the bay," the california politician now backing efforts to recall governor newsom from office. you're watching "today in the bay." james brown and bill cowher welcoming you back to the midnight snack run. this is one tricky obstacle course. he's reaching... but he pushes it away! he's approaching a plate of iced cookies... he blows right by 'em oh the fridge looks like he's headed for the soda. wait! he jukes left! grabs the water bottle now he's just gotta get out of there. look what dropped from the sky! don't do it dennis. that's the way you execute a midnight snack run. stand up to cancer and rally want you to reduce your risk for cancer, go to takeahealthystand.org. >>> take a look at this monday morning. storm ranger busy tracking rain across the bay area. in fact, here is a live look at it scanning the skies. a look at the radar which is lit up right now. "today in the bay's" kari hall tracking how long this wet weather will last. we knew it wa

i am dominic chu in for brian sullivan we start this morning with the victories by the kansas city chiefs and the tampa bay buccaneers both teams are heading to the super bowl after winning their respective conference championship games yesterday we will have more on those highlights coming up a big dueling battle coming up patrick mahomes, a new-age quarterback, versus the steady tom brady. we'll check out how those games fare later on in the show. >>> the global market, stock futures pointing to whatwe'll call a very flat open. look there, the dow jones implied higher by just five points the s&p by ten and the nasdaq higher by 128. the nasdaq assuming that leadership role in the markets in 2021 after taking a backseat for the final quarter of 2020. this after another report-setting week for the markets. the dow, the laggard among those major indexes only climbing 0.50%. the s&p and russell 2000 small cap index jumping roughly 2% the nasdaq surged more than 4% as shares of the big technology stocks pushed the index to a new all-time high. >>> speaking of big technology, it will be a very

i'm brian sullivan thank you for joining us today on this difficult but now day for america. at around 3:40 this morning new york time, just under 90 minutes ago, congress was able to complete its task and joe biden has been rightfully certified as the next president of the united states welcome, everybody let's get to all of the incredible terrible scenes yesterday, the stock market continued to make new highs. which may seem very difficult for some to understand on a number of different levels but remember, markets primarily focus on what is likely going to happen in the future, not what is happening right now and most of the investor commentary yesterday had a common theme, that things will get better, at least economically down the road and right now, futures there are higher once again, dow futures up 108, nasdaq futures up 66 we are coming off new records for. of the market. the dow up 400, the s&p intra day all-time high. nasdaq did underperform a bit. big tech names all closing lower on concerns about greater regulatory risk with an all-democrat controlled congress ta

♪♪ >>> welcome, everybody, and hello, i am brian sullivan jim and "mad money" have the night off.have a big and important hour special coverage for you right now. the reddit rebellion taking a bite out of the overall market as well as stocks selling off in a big way. the markets ending their worst week since october with the dow falling 620 points, the first 2% drop on a friday since back in june the tumble taking place amid wild swings in the battle ground stocks like game stop, amc and more look at the moves up 58% 53 and 52% but this story is no longer just about the internet versus a few hedge funds. it is larger than that now robinhood, limiting trading on many big name stocks you know. names like gm, starbucks and others the question is why? it has a lot of people growing more concerned about robinhood and we'll discuss whether this turns into a story that's far bigger than just a few traders and trades with this, growing calls of investigation and maybe more regulation one former scc attorney joining us with what should and can be done and later on, they have been called by

i'm frank holland in for brian sullivan let's get right to the markets this morning stock futures indicating dow will drop more than 250 points at the open. down 277 right now however, the nasdaq is the most in the red, the tech heavy index still impacted by apple and facebook trading lower since really strong earnings reports but we are seeing a bounce back in some of the so called reddit stocks, that includes game stop, and amc. you see game stop up here with 115% this comes after robin hood announced it would allow limited stocks and restricted trading in many of the names td ameritrade, schaub and others put trading restrictions in place this week. robinhood ceo vlad tenev speaking to cnbc addressing the widespread criticism his firm is now facing >> i want to address misinformation that's out there because there's a lot of it. we absolutely did not do this at the direction of any market maker or hedge fund or other market participants. the reason we did it was because robinhood is a brokerage firm. we have lots of financial requirements there was no liquidity problem, and to be clear. t

"worldwide exchange" right here on cnbc ♪ ♪ ♪ >>> and good morning, i am frank holland in for brian sullivan's how your money and the global markets are setting up their day. stock futures in the red across the board right now. we're seeing the nasdaq taking the hardest tumble that's following some big tech earnings, and this after the major indices falling since october. for the week, all three are down now more than 2% investors also digesting the latest policy decision by the fed, maintaining its current monetary plans chairman jay powell acknowledging the economy has softened in recent weeks we continue to follow buying frenzy and shorted stocks that have kept investors on the edge of their seats there's growing fears hedge funds could be reducing their stocks shares at the stocks of the center of the action, gamestop, bed bath & beyond, amc all suffering steep losses after discord banned the wall street server for allowing hate speech. now to the other top stories and the after math of big tech's latest earnings. we start with apple, shares in the red this morning despite blow out first

afternoon, or good evening, and welcome from wherever in the world that you may be watching i am brian sullivan, everybody hello, and good to be back with you at least for one day on this thursday here's how your money and the markets look right now at this 5:00 a.m. hour futures, they are mixed. mildly higher, though, all this after the s&p 500 and nasdaq rose 1 1/2 and 2% yesterday. by the way, marking a new record for an inauguration day. we'll tell you more about that soon all three indexes are now at record highs again the markets are doing so far on this holiday shortened week. the dow is up more than 1% while the s&p and nasdaq are up even more 2 and 3 1/2% respectively. of course we are also in the midst of earnings season, and today, another big day you get results from ibm, intel, csx, and union pacific and huawei mwhile we may be onls into 2021, we have been crunching numbers in the hottest stocks in the s&p 500 this year. all three are up about 30% or more just this year. they are names you know but they might not be names that you expect to top the leaderboard, who are they we're g

. >>> good morning, i am dominic chu in for brian sullivan, and here is how your money and the global markets are setting their day up stock futures looking to pull back from some record levels the dow is implied lower by 12 points here, the s&p off by just about 7 and the nasdaq down by 39 we'll call it relatively stable here in the premarket trade ahead of the opening bell for regular cash equities trading. this is all after a volatile day to kick off the trading week the s&p 500 climbing a third of a percent to a record high after doing down 1% earlier in the session. the nasdaq meanwhile climbing nearly 3/4 of a percent to close at a new record high the dow pretty much ended flat on the day as you can see there. yesterday's session was marked by very wild swings in heavily shorted stocks including game stop, amc entertainment, blackberry, bed, bath and beyond, among others as retail investors and day traders started betting against funds. the battle was huge. the premarket trades you can see still very wild today as well. we also want to look at the bond market we are seeing a sli

worldwide exchange" here on cnbc >>> good morning, welcome to the show i am dominic chu in for brian sullivan this morning. here's how your money the and global markets are setting up for inauguration day 2021. futures in the green, dow jones higher by 60 points, s&p 500 by 12 points, and the nasdaq higher by 21. we'll have more on why the nasdaq performance is driving the headlines in the market. this is after the stocks kicked off the trading week with modest gains yesterday. the dow climbing more than 100 points, while the s&p 500 rose nearly 1% to snap its two day losing streak. the nasdaq also rallying 1 1/2% as big technology stocks rebounded from last week'sshar losses taking a look at the bond market as well, as president-elect joe biden prepares to take office, holding steady with ten-year yields, a hair blow 1.1% two-year, 1.35%, and ten-year, 1 p1.84 i mentioned the nasdaq out performance. we're watching netflix those shares are surging as you can see, they're up 12 1/2% showing fourth quarter results that showed strong subscriber growth. and they will be cash flow positive by next

where skie are so blue ♪ ♪ sweet home alabama >> good morning to you, i'm frank holland, in for brian sullivanart with congratulations to alabama, crushing ohio state in last night's college football national championship, and notching its 6th title under coach nick saban we'll have highlights of that match coming up, and here is how your money and the global markets, they're setting up their day. a big win in alabama, remains to be seen. we're starting with the futures in the green the nasdaq, seeing the biggest gains, a bit of a reversal from yesterday, and as we mentioned, stocks snapping their new year's win streak yesterday the dow seeing a slight dip with the s&p shedding over a percent. the nasdaq a big laggard this is shares of tech giants, hammered on fears of potential new regulations amid the crack down on president trump following last week's capitol hill riots shares now this morning however in the pre-market, they're actually up. twitter, a reversal here, down about 6% yesterdayme up over a percent and a half facebook over a 1/2% tesla falling nearly 8% yesterday as investors too

. ♪ i'm dominic chu in for brian sullivan, the global markets are setting their day with stock futuresncoming a pull back modestly so. the dow jones implied lower by 15 points, the s&p lower by 8 points at the bell, and the nasdaq at 12 points. this losses, yes, right across the board, but very modest the dow closing lower yesterday, posting back-to-back losses for the first time in a month. the russell 2000 small cap index and the dow transportation index were the two winners, both posting new, by the way, record highs, so yeah, the dow is off a little bit, but record highs for small caps and transports. treasury yields backing off again slightly this morning as well bench park ten-year treasury note yields 1 p.11% two year, 1.4%, and now, to today's top stories. president-elect joe biden unveiling details of a 1 pnlt $9 trillion covid relief plan. among the things the proposal calls for, direct payments of $1,400 to most americans, an increase in the federal weekly unemployment benefit, as you can see there, raising the federal minimum wage to $15 per hour, extending eviction and for

you're watching "worldwide exchange" right here on cnbc >>> good morning i'm frank holland in for brian sullivan here is how your money and the global markets are setting up their day. stock futures are down big the dow, 2010 points down. we're seeing the s&p down also the nasdaq, the tech index also down the markets are coming off a solid start to the new trading year despite that violent riot on capitol hill. all three major indices hitting new records with the dow gaining 1.5% the s&p jumping by nearly 2% the nasdaq climbing nearly 2.5%. that is nothing compared to the russell 2000, often considered the reopening index. you see it right here. up last week about 6%. right now down fractionally. this week, however, it's going to be all about earning season kicking off as investors will get their final look at the impact of the covid-19 impact on corporate profits in 2020. big banks will kick things off, getting under way later in the week with some names like citigroup, jpmorgan, wells fargo, pnc financial and blackrock all reporting. wilfred frost will have that later this week. we have to tal

♪ 1, 2, 1, 2, 3, 4 ♪ >> good morning, and welcome to the show, i am dominic chu in today for brian sullivane's how your money and the global markets are setting their day up with stock futures pointing to some solid gains at the opening bell the dow implied higher by 180 points, the s&p by 28 pointis, and the nasdaq higher in 133 points wall street will look to bounce back following last week's losses the s&p 500 and nasdaq both shedding around 1 1/2% while the dow was down nearly 1% during that same time span. that marked the worst week for the three major indexes since october. this week investors will have plenty to chew on with a slew of big earnings names out today, we get results from the likes of bank of america, goldman sachs, charles schwab and netflix after the closing bell later in the week, as you can see there, it's names like morgan stanley, united airlines, ibm, and intel so let's also get a look at the bond market right now. the yield on benchmark ten-year treasury notes, currently trading just a hair, well, that's wti crude, and we are now looking at some of those moves for

watching "worldwide exchange" right here on cnbc ♪ ♪ and a good morning, i am frank holland in for brian sullivanre's how your money and global markets are setting up their day. we begin with stock futures. slightly higher, pretty much flat, this after stocks finished flat yesterday as traders increasingly find themselves in a bit of a holding pattern they remain lower for the week after monday's slide financials, they were the big winner yesterday amid rising rates with goldman sachs climbing 3%. jp morgan, and bank of america climbing 1 1/2% along with charles schwab which hit an all time high. speaking of rates, let's look at treasuries, the benchmark ten-year yield is hovering at 1.127%, close to its ten-month high, which is the pre-pandemic highs, and continuing, we're keeping a close watch on bitcoin, and whip saw action it's crazy in recently days. look at this chart right here. it's now holding in the 34 to $35,000 range as of late right now, you see it's up about 4 1/4%, volatile to say the least, let's go worldwide now with julianna tatelbaum in our london newsroom with a look at the ea

watching "worldwide exchange" right here on cnbc >>> top of the morning, i am dominic chu in for brian sullivan stock futures pointing to some modest losses at the opening bell dow lower by roughly 250 points, the s&p lower by 26, and the nasdaq down by 71 points as well the nasdaq has been an out performer. treasury yields, meanwhile, with some slight movement here. you can see benchmark u.s. treasury note yields a hair below 1.1% the two-year note yield slightly higher to 1.25%, and the 30-yearlong bond, 1.86 percent. we have more on the markets in a moment first, we have breaking news from washington, d.c the biden administration saying the president will sign two executive orders today, both focused on the economy the first executive order will deal with food assistance. in part increasing the emergency snap allotments, that's food stamps, for lower income families it will also include items on workers safety, specifically saying that workers have a federally guaranteed right to refuse employment that will jeopardize their own health. the second executive order includes a plan to promote th

i am brian sullivan in for melissa. it has been an astounding week to say the least discord and dislocation gripping outlying corners of marketplace. whether it's old hat or you're new to options, if you're here with us now you're looking at for smart and substantive insight. we'll do our best to provide with us carter word, mike khouw, tony zhang our collective mission if you are ready, to strip away the sound and the fury, the names and the blame. we're going to explain the mechanics of what happened, the different ways it could resolve, how to proceed from here carter, tony, mike, i know you have specific thoughts mike khouw, i'm going to throw it up there, a big, fat softball to you, my friend. what do you make of this week? options, single stock, single week options were a big part of this story. >> yeah, they certainly were this week was certainly extraordinary on a cup of fronts one of the things we definitely saw was extraordinary options volumes. some of these most volatile stocks that we haven't mentioned yet

florida works to battle the pandemic how is it handling vaccine distribution brian sullivan is live with 45,000 or so, getting vaccinated at the expense of using the vaccine -- florida is cracking that down, by issuing driver's licenses, you have to bring a utility, be a seasonal resident, by here for 31-plus days some people say that actually hurts distribution to the poor and underserved who may not have that documentation that's sort of a debate that rages on still today. >>> re, the vaccinations are hand by the states, but with the states, it is primary the ones that are controlling the -- how is florida doing they used about 51% of their doses, it's about a weekly shipment florida has done about 1.5 million of the first dose, and about 150,000 people have had both their doses nurse, they would be considered fully vaccinated >>> everybody is asking, how often will it take we asked that very question to the mayor of miami this morning. >> at the current rate, it probably will take about two months to vaccinate the vulnerable population. if we stay at that rate, it will take way too lo

brian sullivan joins us live from florida with more hi there, brian. >> reporter: well, thank you this. we've talked about the vaccine rollout and how it's going listen, underserved communities are being underserved when it comes to the vaccines. you can look at percentage, vaccination rates and some of the poor areas and counties of florida and they trail some of the wealthier counties a lot has to do with maybe the age distribution, too, but at the same time there's a lot of confusion and it's very difficult often for underserved communities, particularly communities where there's perhaps no internet access or language gap to figure out how to make the appointment howe to get to the appointment and end up getting vaccinated. we came to the little haiti district district 108 and spoke with state representative dottie joseph, her district and constituents and when you talk about families that maybe don't have internet access at home or a smartphone or language gap we asked her what can we do, what can the state do to try to bridge that gap to make sure that everybody has an equal oppor

i'm brian sullivan thank you for joining us here is how your money and global markets are setting upith the georgia senate results in one of the races still too close to call. stock futures aren't bothered by it on the dow, but the technology names are getting hit hard dow futures are up 48 points, but nasdaq futures are down 217. it is a rare day where we see technology futures down over 100. they are now down over 200 because technology trumping taxes as there is a belief out there by some that full democrat control of the government could lead to far more regulation for big technology and look at that, apple, microsoft, facebook and others are all down 1% or 2% we'll get more on this all throughout the hour. we also have to get an eye on oil. surging yesterday on what we'll call the saudi surprise. the kingdom shocking everybody by cutting 1 million barrels per day out of production at the opec plus meeting. the country saying it did so out of good will for many struggling nations. it sent oil up five bucks and up again right now and over $50 for the first time since all the way b

brian sullivan is on the ground of marlins park in miami there he is. want to be clear. i am not a vaccine tourist if you are going through this line, do not have the license plate of another state or maybe another country. to your point, 45,000 people came down from canada, flew up from argentina there is a report about a guy who rented a motor home, drove from california to florida to get vaccinated they are clamping down on that you have to have proof of residency. have to be here 31 plus day, show a utility bell, et cetera they are clamping down to make sure that the vulnerable population, which there are many here, over 65 in the state of florida, are able to get the vaccines they need this is a mass vaccination site. this is as close as we are allowed to get for obvious reasons. you see the cars coming through here, guys they are doing about 1,000 a day. that's the supply that they have got. they get about 1,000 doses a day. they are using all 1,000 doses the problem is the appointment getting. you get stories, guys rg of people on three or four co

morning, good afternoon or good evening from wherever in the world that you may be watching i'm brian sullivanlad to have you with us let's get to the markets and your money after monday's big tumble, futures are looking like we could bounce back a little bit they are higher, not a lot, dow up 49, nasdaq 17 but they are in the green. your restmeinvestments likely t big hit yesterday. s&p 500 had its worst start to the year since 2001, and its third worst start ever by the way. really it is a triple or even quadruple wall of worry for stocks to begin the year let's walk through them. number one, you've got fears of potentially higher taxes, maybe much higher if democrats take the senate those two seats are toss-ups right now here on election day you've got a the new lockdowns in europe, uk and scotland as well as spikes in viruses and the new strain here. and iran getting more aggressive enriching more uranium and seizing a south korean oil tanker on yesterday. the big winner monday was fear the volatility index, the vix, up 20%, up mildly right now. also bitcoin a big winner. now it had a wild

. >>> i'm brian sullivan in for kelly once again. inflation, rising rates and stimulus, and oh, my. can the federal reserve handle this delicate balancing act with $7 trillion tax dollars on the line we will speak with the boston fed reserve chief. >>> walk through no problem. the market is so strong that the buyers are doing something that they have not done since before the financial crisis and what that is ahead. >>> can somebody reboot the movie "war games" because the biden spending plan is planning to spend a lot on cybersecurity, and we will show you some names that could spend out, joshua. all of that is ahead, and right now, let's dig deeper into the markets and on a friday where it is one of the weaker weeks, mike santoli that we have seen, and maybe some disappointment around the stimulus, and what work? >> well, brian, the markets are due to have a little bit of the slippage after coming into the year hot. and a half year decline to the broader s&p 500, and the small caps are down 1.5%, and the whole week is fatigue with the mega cap stocks and hyperactivity coming off o

i'm brian sullivan and this is an incredibly busy friday capping off a heavy week of trading and reddit rally rolls on, and a stock of vaccine news can't keep the overall markets higher. has the fiscal share come for robinhood and forced to raise cab tall and too many stocks on gamestop and does it put the entire company at risk >>> and bill de blasio says that the companies need to do this to ramp up the vaccine rollup, and we will talk about that with the mayor and when we can ramp it up. and so markets are down in a big way. dom chu and the smartboard of stocks to watch, and it up one and down the next and that is what it seems this week the new normal. >> the new normal for this week is right because there is continuing chatter among the trading desks of the gross down or the taking down of the risk on the short and the long side for many folks out there, and something to keep an eye on, but what it is leading to is the dow down 657 points, and the lows down 667 and that happened in the last 57 minutes here, and the s&p 500 is down 82 points and down 91 was the session lows and agai

i'm brian sullivan thanks for joining us here on this\friday here is how things look after another eight day workweek here in the united states futures are higher, not a lot. remember that any gains on most of the major averages will bring new record highs it has been a terrible week for america on so many levels. the d.c. riots, covid cases, hospitalizations spiking, but through all that, it has still been a good week for stocks because like we talked about yesterday, the markets look forward and they see betterday ahead. in many ways and for many reasons. thursday was another new record for the s&p 500. heading for its third straight higher week in the past four look at that change, the small caps up 6% this week that is a return to america reflation trade. mid caps doing well as well. one big theme, the consumer, which many believe could take off the second half of the year. of course one of my 2020 predictions was that we would see this roaring 21st and 22s. it will take a while, but we'll get there. the xly rising nearly 2% yesterday. and one thing that you must begin to watch if yo

i'm brian sullivan in for kelly, and call this the rising risk of rising rate.e interest rates are on the move and the highest in nearly a year, and could the super tank or swing stocks we will debate. and the energy is not tanking, but soaring, and leading the market as it rallies, but do you buy

i am brian sullivan. good to be back with you and by the way, happy new year.t looks on the first trading day of 2021. kind of looks like 2020, from a stock perspective, that's a good way. well into the green, futures dow up 179 points now. nasdaq up higher on a percentage basis. new year, but same momentum. of course, all the major indexes up over the last month of course, one question is whether small caps can remain red hot. certainly have been. now, we have got to check bitcoin and the cryptos. could have led with them a wild 24 hours for bitcoin and others bitcoin is down big right now, off more than $2,500 per coin, but briefly overnight on some exchanges it went above $34 now. was up literally a couple thousand points now down $2,500 all in the last 24 to 36 hours litecoin and others like ethereum down as well. more on the cryptos later on in the show and bitcoin is the subject of your rbi. you want to hear this one at the end of the show. meantime, now to your monday check list we'll pick out the big three events of the week of course, the biggest one f

i'm brian sullivan in for kelly, and call this the rising risk of rising rate.s scott noted the interest rates are on the move and the highest in nearly a year, and could the super tank or swing stocks we will debate. and the energy is not tanking, but soaring, and leading the market as it rallies, but do you buy in, if you want to get in? goldman sachs brian sing ser going to join us, and name names. and speaking of power, plug power rallying 80% this year in seven trading days and surging again today on the big new deal, and the ceo is going to join us on the broadcast exclusive and so much to do on this tuesday, and let's talk more about these markets, and your money, and while scott correctly noted that the dominant markets are not moving in a big way either way, it is about the idea of the rotation, and it is about the rising rates, and the domino, and what are you looking at, my friend >> so many cross currents in the market, but as you point out, it is relatively stable, and gains and losses, and right now as the things stand, the industrials are flat and

let's get out to brian sullivan and it is great to have you on our show usually it is the other way around we're on your show but under these pressing circumstances and many of us were glued to our tvs yesterday watching the shear scenes that were going on at the u.s. capitol. luckily they were able to clear the premises after four to five hours, but many of us are still jarred by the fact that so many protestors were actually able to access the building. what is the mood on your side and what are people telling i about what happened yesterday? >> well, good morning, joumanna. it was jarring like you said we were jarred because it was indeed jarring it was a day that we had not seen in fact the last time that really an armed group of people have invaded the capitol was in 1814 by the british army, the war of 1812. that is a remarkable and terribly statistic to have and certainly we were all glued to our television because i don't think that most of us could believe exactly what we were seeing, which is that people, a mob, rushing past metro washington, d.c. police, capitol hill police and

welcome to "the exchange" everyone i am brian sullivan, shaking off limits robin hood and others cutting halted and some are beginning to cry foul as those shares fall the overall market goes straight up as investors look past this and focus on the end of the pandemic and a brighter day as vaccines are rolling out at more than 1 million per day and more on the way is there really a need for 2 trillion more in government spending an

i'm brian sullivan and bringing in biden and go big or go home, and big banks are boosting the bottom line, so it is a triple play on the big news to begin the week we will find out what the key bits really are. a run up into the results and the banks are posting a big rally ahead of the earnings and now the investors are asking themselves is that all they got, and now top investor anton shooks is here. and the first of the phafaangs reports, and what investors are saying is the biggest market bubble. can you guess? i am sure you can. a lot to do this tuesday and we will kick it off with the man himself, dominic chu, and more numbers and look at the inflation, and very interesting chart today, dom, but we would expect nothing less. >> a lot of inflation happening in the markets right now, and it is being driven by the large cap technology stocks. lk at the nasdaq here on the highs of the session and far outperforming the other major indexes and nasdaq up 1 1/3%, and 13,165 there led by netflix and other faang stocks. it could set the tone for the mega cap trade that has been lagging a

i'm brian sullivan and bringing in biden and go big or go home, and big banks are boosting the bottom the big news to begin the week we will find out what the key bits really are. a run up into the results and the banks are posting a big rally ahead of the earnings and now the investors are asking themselves is that all they

hello, everybody, i'm brian sullivan in for kelly once again, and inflationnation is hot topic right now, because while you weren't looking, the prices suddenly became red hot everywhere for everything. does this put the federal reserve between a rock and a rate place. the focus is looking at a second impeachment of president trump, and the situation is e vvolvingy the hour. >>> and the intel swan song, and air bnb doing something surprising. >>> as long as you are here, know how your money and investments are doing, and who bert than dom chu to deliver on that promise. >> well, sully investments are highs of the session, and it was not that case at the opening bell this morning, but currently the dow industrials are a modest 50-point gain and still the highs of the session near there right now, and 3812 up one-third of one percent, and the nasdaq composite up one half of one percent, and so speaking is of higher prices of inflation, the housing is hot, and the interest rates are on the rise which is prompting more people to lock in and refinance lower rates and what are they using t

i'm brian sullivan and this is an incredibly busy friday capping off a heavy week of trading and redditp the overall markets higher. has the fiscal share come for robinhood and forced to raise cab tall and too man

. >>> i'm brian sullivan in for kelly once again. inflation, rising rates and stimulus, and oh, my.g act with $7 trillion tax dollars on the line we will speak with the boston fed reserve chief. >>> walk through no problem. the market is so strong that

welcome to "the exchange" everyone i am brian sullivan, shaking off limits robin hood and others cutting off trading for red hot stock. shares are collapsing and also halted and some are beginning to cry foul as those shares fall the overall market goes straight up as investors look past this and focus on the end of the pandemic and a brighter day as vaccines are rolling out at more than 1 million per day and more on the way is there really a need for 2 trillion more in government spending and debt we'll ask white house adviser jared bernstein who is here. so much to do and of course much more on the entire robin hood soap opera all throughout the hour let's get all you need to know on the numbers and the markets and of course all of the hot stocks amcs and gamestops of the world. >> that's right, brian on any other day if there wasn't those types of stocks to talk about i'd be highlighting the fact we are green across the board, right near the session highs for the dow up 593 right now. at the highs we were up roughly 632 points that is important because we lost 633 yesterday by the way

hello, everybody, i'm brian sullivan in for kelly once again, and inflationnation is hot topic rightuse while you weren't looking, the prices suddenly became red hot everywhere for everything. does this put the federal reserve between a rock and a rate place. the focus is looking at a second impeachment of president trump, and the situation is e vvolvingy the hour. >>> and the inte

. >>> hi i'm brian sullivan in for melissa lee. this is "fast money.s a big show. tonight on fast, j and j delivering will this be the game changer that

let's get to brian sullivan with more on saudi arabia's move to cut production which fueled the rallys through what happened here. >> yeah, a saudi shocker this opec meeting was supposed to be boring, and maybe about raising output a bit they're still off 2 million barrels a day from their lows of last year. the big reveal was a surprise cut of 1 million barrels a day by the saudis. the saudi minister said they were doing it on their own, as saudis, as a gesture of what he called, quote, goodwill from crowned prince salman. in the nearly two-hour video call, he sort of laid it out at the beginning saying i've got a surprise in my pocket and then later on revealed this massive cut. now, i asked him in the call if this was maybe not just about goodwill, guys, but also projections of big demand cuts due to global lockdowns. >> what is going on now is lockdowns and this and that, so immediately we'll take a preemptive action. this is what i was told in january last year with the current lockdowns seriously impacting the world's economy, they may, but not necessarily in the same size magni

yeah i don't know if you heard brian sullivan talking about the best performing s&p this year generalme as a surprise we'll talk about all of this when "squawk box" comes right back it's either the assurance of a 165-point certification process. or it isn't. it's either testing an array of advanced safety systems. or it isn't. it's either the peace of mind of a standard unlimited mileage warranty. or it isn't. for those who never settle, it's either mercedes-benz certified pre-owned. or it isn't. the mercedes-benz certified pre-owned sales event. now through march 1st. shop online or drop by your local dealer today. >>> welcome back to "squawk box. auto stocks are revving into high gear so far in 2021 gm, ford, tesla, all up more than 20% while newly formed stellantis up 8% this while tech big wigs like facebook and apple have been flat general motors is called the auto story of the year for that story, adam jonas is here, head of global autos at morgan stanley good morning to you. >> good morning. >> it has been wild in some ways to watch gm stock rise the way it has make the case. e