maybe grasso could chime in. >> no. listen, i don't have any insight on that, except to say the size of the blocks were a lot larger than the 13 f reporting out there. so it is either a group together, getting out, or somebody that hasn't filed a 13f yet. it's very, very curious. one thing i would say, i don't think today's selling was related to the fact that three years from now they might get delisted >> yeah. >> nobody's crushing stocks like they did today if it's a three-year type of process >> steve >> yeah, it was speculated that it was one of two funds. i'm not going to say it wouldn't be prudent for me to say the funds but there's definitely some forensic being done on wall street to see which fund, to brian's point, which fund could actually have the ammo so it is definitely circulating two fund that's are at the top of the pile for who it could be for the seller. >> guys, thank you coming up, we're trading the all-time high club should you fade these record runs or the gains? just getting started buy high, se

too much time spent on grasso tonight. american express, up what do you say? >> i'm going to have to fade this i owned it until recently and i got out of it. when i look at what american express a has done they've done everything right but the reason i owned the stock was the fact that it was trading at single digit or very, very double digit pe levels now it's trading that prejudice at about 37. the forward it's still trading about 22 this is the highest level of, per pe i think it's stretched >> steve grasso. >> i've opened this one forever. i still own it i think it's starting to hit its stride you have to look at what prices are going to do. for me, you look at this it's probably going to be raised, kor gated pricing raised in 2021. we've already seen raises. that means it's going higher china cannot produce their own corrugated packaging due to environmental concerns, so they have to import so for me this is a trade. i'm staying long i think the value is over a hundred. so i'm a buyer here and i'm staying long >> jeff you also like this one >> yeah, i do.

. >> grasso, you've been the skeptic when it comes to the tech trade and how long that can last here we are. is the no-brainer rotation into financials or where else >> yeah. it's a whole value play. you don't want to open growth with a rising rate environment to karen's point, so you have the yield curve as a tail wind you have the reopening as a tail wind to financials you have multiple vaccines as a tail can wind. you see the xsf. it's all acts value. you only want to own value the only thing on my screen that was green were all my value holdings, getting beaten are my spacs, growth. only thing that you could buy in this environment is value. it's underpriced. >> let's fast forward, jim let's look into our crystal balls, if you will >> ok. >> are we going to see this as a dish that will be bought that's what we've seen over and over again we have the tantrum about rates. tech maims in particular, and then we see dip buying every single day of the week, went in, added large positions in stock that sold off pretty hard >> so, look, how high can rates go i mean, at some point, the qu

grasso, do you like this name?that fits into that growth bucket, high growth, high valuation basically we'll be left to see what it looks like in the coming months, but this is one that i thought about actually buying today. i held back because i think it's going to be under pressure i'd like to see it settle in just a bit but it is worth noting that this was the third largest opening print in stock exchange history behind slack and behind alibaba. so this was a huge print it had an enormous following people love this stock, but i'd wait for it to come many just a bit. >> how should we think about growth, though this is trading about stock. they said year on year it would be between 29 and 56%. in the second quarter it will be between three and 9% because of the tougher comparisons. young people not in school or another school learning virtually and they had time to play videos, guy things are going to open up and how are we going to think about this >> it's trading like a growth stock. doesn't mean it is one now t

steve grasso >> i'm going to say fade this one. now, i get the whole idea of why it's been popular, and i do understand that we're starting to see sports open back up and that's seen as a tail wind i think the biggest tail wind for the stock has probably lost its steam. i'd rather go with the more traditional casino players like a pen gaming, an mgm on an economy reopening versus an online thing like draftkings >> i'm going to guess that jeff mills thinks you're wrong. jeff, what do you say? >> i am going to trade this one. it's been an interesting stock, actually it's bucked the trend. bonawyn said during our call earlier today. these high flying growth names pen were down. draftkings was up. although i can understand a view that over $70 it's pricing in some of this news but massive pent-up demand you're talking $2 trillion in excess consumer savings. you have the stimulus checks rolling out. i think there's an underestimation of what the market is going to look like if you go to super bowl, not a good look for the companies at t

which of these names is a lay up for your portfolio grasso, they are the two most obvious names, theoo obvious >> yeah, and kudos to the general on this, jeff's been all over draftkings for quite some type that's the brand name, the name recognition you get. i do like penn gaming a little bit more, more of a traditional gaming play. i will go outside the two you game me, i think mgm, under normalized earnings, $2.2 billion coming out of vegas. that's one you can throw in that game as well. >> so jeff, right, so if you've been all over draftkings leading into this, now what? >> i think you still own it here i think there's still a massive tailwind you had over 7 million people bet on the super bowl, just one game, so i think the pie will continue to grow. i will go outside of the box i thought steve might mention bft and pay safe if you are looking to play the infrastructure, company who is processing payments online, this is a real opportunity here i was reading a survey today that shocked me. people choosing which sports book to buy 37% said quick and easies pay outs were important

steve grasso buying or selling?re tim left off there's omni channel, in-store pick up, in-app, there's online, there's vaccinations as pete said, and also, basically you're going to look for all of the debt pay down that pete's going to get, this say quasi turn around story with multi levers to pull. >> guy adami what do you say >> ask you read my smart board please melissa lee >> can you lower it please >> how's that. >> brewer is the best roz since fraser # ppp interesting. >> so roz of course and fraser was tremendous and that brewer is sinsz and pete led with that. i was going to say espn. the hashtag ppp. is pete's power pitch. wba had the best january stock performance in 30 years so i'm with him on this one joker, joker and the triple. >> all right nicely done guys and nice white board and dark markers the traders have spoken it's now your turn to vote on our poll on twitter's poll on cnbc first, disney with an announcemt enon summer flicks when "fast money" returns. i got help from a pro. my financial profes

that nobody's really in any doubt about the fact that south soon grasso will be announced the winner but if you speak to those office issued who are boycotting on the right side to be a say that this was. something that was right predictable from quite a long time ago following the last election which was i think a lot more tense than more and more meaningful you can test it. that one was rigged 2 candidates opposition got this disputed the results were accused of trying to launch an insurrection they were sentenced still 20 years in jail. so. they're not able to run there in that sense a clear message to anyone else that might give it a try the same time rights activists are in jail they complain of. it's the lack of political space some of them describe the dictatorship the campaign theme. thursday popular is experience that are why they say people want him to stay in. of course we'll continue to watch how that voting goes on sunday with the. force in brussels thank you. the hundreds of schools in northern nigeria have been forced to shut because of more attacks by armed groups org

former stock exchange chairman nick grasso will join us forehis take on the markets. first to edward lawrence what is moving the buoyant markets this morning. edward? reporter: gerry, the treasury yield down, market way up on positive news about the economy and the coronavirus. the ism manufacturing number for february came in at 60.8. anything above 50 is expanding. at the end of last week the market concerned about the 10-year treasury yield t has dropped way back down to 1.428. in fact over the weekend the richmond fed president said he is not worried about the increase in yields. as the federal reserve chairman has said there is pent up consumer demand out there. the fed will continue to support the economy even if inflation creeps in. look at online retailers. the market is being look forward. it sees consumer spending on the horizon. on the virus there is a third vaccine has been approved. johnson & johnson, it ships the first doses today. the seven day moving average for new coronavirus cases is back down to where it was last october. hospitalizations also down

the contract to supply turf for the 2022 world cup in qatar citing human rights concerns and drugs grasso hud's are providing turf a major international tournament including the 2 $1006.00 world cup the company's decision follows media reports of more than 6 and a half 1000 deaths of migrant workers world cup construction sites. u.s. president joe biden says his country could make serious progress in moving beyond the pandemic by independence day on the 4th of july presenting his updated covert strategy in a televised address mr biden said his goal is to allow people to celebrate a national holiday with their loved ones by rolling out vaccines faster than previously anticipated by gins appearance was eagerly awaited his speech emotional the message optimistic save the u.s. next nation program has well suppose the president's own hopes i said i intended to get 100000000 shots in people's arms in my 1st 100 days in office tonight. i can say we're not going to meet that goal we're going to beat that goal. more than $81000000.00 shells have been administered in the u.s. since biden's inaugura

president danny saskatoon grasso has been announced the winner of the electoral commission said he won more than 88 percent of the vote some of his party supporters gathered to celebrate the main opposition party has already said that the results that were announced are incorrect their candidate a half acre less died reportedly of covidien on sunday early on monday and they're saying that a constitutional requirement if a candidate dies cancel the election and rerun it as dreams ignored other opposition candidates boycotted polls and some others are in jail after they challenge the results of the last elections rights activists say that there's no freedom of speech or chance of having any kind of democratic process at all one of them that we spoke to said the results were ridiculous and he said that they suggested that congolese people were happy with the status quo whereas the opposite he says is true congo's billions of dollars of oil wealth haven't helped many of its people the country has suffered multiple debt crises also been a string of corruption scandals corruption investigato

for change even government supporters i think of any of them are very confident that denny sutton grasso is going to stay whatever happens that is strikingly different pictures of what we saw exactly here just a few days ago when soldiers voted in this school in the entire schoolyard was full of soldiers in their hundreds lining up to vote in a process that rights activists say wasn't transparent settle they also complained of problems with the electoral register problems with the election process but they their rights groups here say even even before the whole electoral process began there was already a climate completely unsuited to having a democratic process to the opposition candidates from the last election the challenge the result was sentenced to 20 years in jail accused of trying to start an armed insurrection they complain of rights activists being targeted arrested and disappeared they say there's no real freedom of speech and so no real possibility of having a democratic process at all tell us more about this this dramatic hospitalization of the opposition candidate. so was b

al-jazeera polls have just opened in republic of congo's presidential election president an assassin grasso has ruled for 36 years and is seeking another term many of his rivals are either in jail or refusing to stand the leading opposition candidate was admitted to hospital with private 1000 just ahead of this vote he made a last minute appeal to voters should prepare. my dicom party it's i'm in a difficult situation i'm fighting dave i demand that you rise up and go vote for change fight don't give up the fight rise up please do this for me the protests have been held across europe calling for coronavirus restrictions to be lifted as the continent struggles with another rise in infections many countries are going back into lockdown meanwhile police in brazil's largest city sao paolo are breaking up illegal party is to try to slow the advance of covert 19 curfews have been imposed in several major cities to curb the spread of a local variant daniel trying to has more now from one is aries these measures by the author it is in rio de janeiro to close the b. is there also stopping buses comi

i think domino's is right, 25 times next year's numbers, not expensive in the space steve grasso saide of the month is extraordinary considering that you worked there for five minutes. >> exactly >> nadine, papa john's or domino's >> you know, the opportunity for dough is getting a little stale, i think here the comps are so high. >> ooh >> when the virus first came out -- i know, bad pun -- when it first came out everybody was ordering pizza, ordering in, not knowing what to do it will be hard to accelerate from very difficult comps. same thing, they're having a little bit of trouble internationally in terms of keeping their sales rate up. when i think about the reopening plays, when you get out of your house, where will you go i think you'll go support your local restaurant i'm taking the opposite side here >> when the world is your oyster, are you still going to call domino's to bring you a pepperoni pie, bonawyn >> umm, i will not be. but between the two, being that it's a would you rather, i prefer domino's, given that it's a tech play. i think papa john's still has a little bit

cleanup is underway after deadly storms tour through the south over the weekend reporters sal jigen grasso look at some of the damage left behind. several people are dead after flash floods swept across the nashville area this weekend. the torrential downpours, setting records and proving dangerous they shall receive more than seven inches of rain over the past 48 hours. now, that is the second highest to day rainfall total in our history. first responders rush to make more than 100 rescues. his folks became trapped in th high waters. others appeared to die after being swept away. but city officials say previous encounters with severe weather made them better prepared to handle these incidents. lessons from the 2010 flood did help us prepare for an improved flood response. no, these include well trained swift water rescue teams and improved real time information sharing. meanwhile down in neighboring georgia massive recovery efforts are still underway after a serious of deadly tornadoes ripped through this central part of the state last week. i'll really was backing god that we was all oka

and his wife, meghan, sat down with oprah winfrey to tell their side of the story reporter sal jin grasso explains what the couple revealed about one year after they stepped away from royal duties. prince harry and meghan markle sat down with oprah for the first time since resigning their formal duties in the royal family, and no subject was off limits making says she went into the royal family blindly but received love from the queen and other members. she says it didn't take long for that fairy tale to become a nightmare as she began getting ridiculed in the british press at the family, the promise to protect her turned their backs they were willing to lie to protect other members of the family, but they weren't willing to tell the truth to protect me and my husband, but the betrayal went further when megan was pregnant with her first child, archie, she says the monarchy felt it wasn't right for her son to be called a prince. this led to a conversation about herbie. mixed race and what her child would look like that we have in tandem. the conversation of he won't be given security. it's

box new sal jian grasso, reports. several people are dead after flash floods swept across the nashville area this weekend. the torrential downpours, setting records and proving dangerous will receive more than seven inches of rain over the past 48 hours. now, that is the second highest to day rainfall total in our history. first responders rushed to make more than 100 rescues. his folks became trapped in their homes and vehicles, authorities say. least one victim passed away after their car became submerged in high waters. others appeared to die after being swept away. but city officials say previous encounters with severe weather made them better prepared to handle these incidents. lessons from the 2010 flood did help us prepare for an improved flood response. no, these include well trained swift water rescue teams and improved real time information sharing. meanwhile down in neighboring georgia, massive recovery efforts are still underway after a serious of deadly tornadoes ripped through the central part of the sta

this afternoon but no one expects it to be any other outcome other than president any subsequent grasso being announced the weight of the votes on sunday welcome thanks very much indeed that's markham where bringing us up to date from feel. tanzania has its 1st female president some here who haasan has been sworn in and during a ceremony in the city of daraa salaam and comes 2 days after she announced the death of president john the mughal fully at the age of 61 cotton so he has more from the kenyan capital nairobi. just given how fast maiden speech and it was a very emotional tribute to her predecessor john paul mcgeough we are she also said that he's going to be buried on the 25th that's next thursday and i mean are these peek into the people in tanzania just trying to get a sense of what she is about and what they're telling me many of them is that she her leadership style is very different from that of the late president michael fullilove they say that she listens to counsel more she's not one to make unilateral decisions she did not talk about coronavirus understandably so it was a

steve grasso, won win, pete najarian the chart master says it's time to pull the plug on the energy tradeld you stick with that's trades later,

steve grasso, brian kelly, jeff mills and bonawyn and tonight china tech stocks falling hard if you own

. >> senator grasso, thank you.to the witnesses, thank you for what you're doing and bringing the conversation here today. let me go through several things. let me ask you about the battery recycling that's come up several times and the challenge we've had with minerals coming from conflict areas and child labor and from multiple areas where we have nations like china and cuba that seem to dominate the market. the battery recycling is a big issue for us. we're at 5% for some of the batteries and not dealing with the existing car batteries now, we're near 100% of recycling. but for some of the lithium, ion and where are we for recycling and what can we do better on that? >> well, first and foremost, senator, no child should ever be harmed with materials that are used in batteries, full stop. that's why it's so important to understand a full life cycle of these materials as i mentioned in my testimony from mining to manufacturing and end of life recycling. and the chemistries are being recycled today. there's a signif

he took the show to the meadow lands and produced in business, dick grasso, ken langone, mark cuban andour love and support to his sons, his partner, his brother dean and we want to send our love to his mother ines. all of us at fox business send you our love and our support. we will all miss eric so much. ♪ ♪ ♪ not today! ha ha ha! ha ha ha! jimmy how happy are folks who save hundreds of dollars switching to geico? happier than dikembe mutumbo blocking a shot. get happy. get geico. fifteen minutes could save you fifteen percent or more. hi, i'm debra. i'm from colorado. i've been married to my high school sweetheart for 35 years. i'm a mother of four-- always busy. i was starting to feel a little foggy. just didn't feel like things were as sharp as i knew they once were. i heard about prevagen and then i started taking it about two years now. started noticing things a little sharper, a little clearer. i feel like it's kept me on my game. i'm able to remember things. i'd say give it a try. prevagen. healthier brain. better life. maria: the opening bell is about 30 minutes away and we ex

from wyoming expressing his concern about the amount of spending in the american rescue plan, john grassosterday. [video clip] >> to call this covid relief is really false advertising. only 9% of the money actually goes to defeating the virus. only 1% of the money goes for vaccines. this is a nancy pelosi payoff to the liberal left. this is something she has been working on a long time. today we see her taking a victory lap to what is now known as the most progressive bill in the history of the united states, according to the white house, and the price of it shows that. host: republican senator john barrasso yesterday. taking your phone calls here, democrats, it is (202) 748-8000, republicans, (202) 748-8001, independents, (202) 748-8002. as we talk about the news this morning and expected tax hike, perhaps the largest since 1990 three, coming from the biden adminstration, in an effort to pay for future initiatives, we want to hear your reaction to that news this morning. shirley out of arkansas, an independent, good morning to you. caller: good morning. everybody's taxes will be raised b