your traders on the deck are tim seymour, steve grasso and dan nathan tonight on fast, a major shift happening in the crisypto marke that could have big implications we will tell you how he's trading it and later, call it tech judgment day. alphabet, amazon and facebook almost $2 trillion in total market cap and all of report next week and one of them is about to pull up lane. he'll be here later on, but first we start off with another wild day from the white house as president trump making a number of market-moving headlines on cnbc and on twitter this morning. our kayla tausche is standing by with that story. >> president bush successfully jawboning the markets today after suggesting rates should stay lower and that the dollar's strength hurts the u.s. on trade. on twitter he reiterated comments that he made to cnbc that china the eu and others are manipulating their currencies and interest rates lower while the u.s. is raising rates while the dollar gets stronger every day, taking away the u.s.' big competitive edge tightening hurts all that we have done and that the u.s. should,

my friend dan nathan is a principal of risk reversal advisers and a cnbc contributor. >> this is justfirst shot across the bow, right. people are focused on china here. trump has signaled they may go to the full amount, $500 billion, so when you want to just quantify the $34 billion at 25% tariff, that's less than $10 billion, not a real big deal for a $19 trillion economy. but if we get to that full amount, that $500 billion of imports from china at 25% tariffs, that's going to be a real, real thing for the u.s. consumer. it's going to be really important for, you know, corporations here to pass that cost on. or absorb the earnings hit. so these are the things i think you have to look out. it's not going to be in july or august that we're going to be thinking about these. brother goi we're going to be thinking about these in q4 of this year if we don't get a resolve to these issue. the u.s. has more trade with canada and mexico than we do with japan, china, germany and uk combined here. and we are taking shots across the bow at our allies as much as we are with our adversaries. >> le

because dan nathan has a way to protect your profits heading into next week's earnings for almost no money. it's time to risk less and make more the action begins right now. >> we'll get started with am the stock sinking nearly 2% today after an all time high earlier this week and the fate of the tech rally could hang in the balance of this report expecting a 4% move in each direction for the stock. that's nearly $40 million of market cap how could investors protect their profit the rest of the market kind of responded. we saw it go into other areas. today we saw a little bit of a different story here we saw the last of the megacap that's levels where we're trading right now so when you think about earnings on tuesday afterno afternoon, that's how much the stock has moved over the last four quarters here i'm not expecting an upside move greater than that. they responded to better than expected results they had a nice gap and all made new highs but it was to the tune of 2 or 3% to me you want to focus on what facebook did all time highs back in january the lows in february at 60% draw

next >> making three times your money in less than a month it ain't no russian bot, but it is dan nathan's trade on facebook going into earnings he'll break it down. plus -- biotech is breaking out. yep, just like that, and chart master has more games to come. we'll give you the setup and -- fast food stocks have been on fire except one and here's a hint >> big mac, mcblt, and mcnuggets and franchise regular and larger size. >> but don't have an attack. he has a way to make four times your money and he'll serve it up and he'll make more. the action begins right now. ♪ ♪ >> and let's get right to it because it will be a huge week for earnings with all eyes on one big group in particular. call it judgment day for tech as the titans gear up to report, amazon, facebook, alphabet all surging this year over a trillion dollars and all three are looking to keep the tech party going with the sector sitting near all-time highs and which one should you buy and which one should you sell? dan, you're taking a look at facebook >> you want to just buy it every day. the stock closed at a new all-time high

. >> dan nathan has a way to protect profits into next week's earnings for almost no money it's time to risk less and make more the action begins right now. >> we start with apple, the last of the megacap tech names to report next woke stock sinking 2% getting hit with the rest heft of the mock fate of the tech rally could hang inle balance of this report it could move in either direction. that's nearly $40 billion in market cap after the crush this woke if you own apple how could investors protect the profits? look at the money right now and dan as the i protection trade. >> we had the struggle with ffb down what 20% yesterday $120 billion in market cap. the rest of the market responded we saw money into other areas and didn't take down the tech market today a little bit of different story, he we saw megacap tech stops get hit a bit. so apple reports on tuesday, the last of the megacaps and the biggest of the megacaps. 940 billion i know a lot of people are expect going to tick $1 billion, 6% from levels where we are trading right now when you think on earnings on tuesday afternoon.

co-founder and editor of risk reversal dan nathan and josh brown, ceo of wealth management.cnbc contributors. josh, to you first, let's walk through this. because first of all, steve mnuchin is saying he's considering doing this. obviously it would go through congress. if not, they'd consider other measures. they'd use an executive order to do this. when at the end of the day they've had the massive corporate tax cuts. we don't yet know if they're trickling down. wages are not going up. the treasury department is at a position when they're coming out of a bigger hole because amount of money we have from corporations is low. what would be the rationale for the american people to do this? >> historically, it's not common to see two things. number one, a massive tax cut proposal coming less than a year after the prior massive tax cut proposal. and second, we're nine years into an economic expansion. so this kind of fiscal policy is absolutely unheard of. you really can't find an example of it. i understand why they're talking about doing it. it's been a dream of the party for 3

your traders on the deck are tim seymour, steve grasso and dan nathan tonight on fast, a major shiftto marke that could have big implications we will tell you how he's trading it and later, call it tech judgment day. alphabet, amazon and facebook almost $2 trillion in total market cap and all of report next week and one of them is about to pull up lane. he'll be here later on, but first we sta