trade to being an investment you can't wear both hats in my opinion. >> all right great advice. >> guy adami, thank you very much. >>> coming up next, the final trade. see that's funny, i thought you traded options. i'm not really a wall street guy. what's the hesitation? eh, it just feels too complicated, you know? well sure, at first, but jj can help you with that. jj, will you break it down for this gentleman? hey, ian. you know, at td ameritrade, we can walk you through your options trades step by step until you're comfortable. i could be up for that. that's taking options trading from wall st. to main st. hey guys, wanna play some pool? eh, i'm not really a pool guy. what's the hesitation? it's just complicated. step-by-step options trading support from td ameritrade trust #1 doctor recommended dulcolax. use dulcolax tablets for gentle dependable relief. suppositories for relief in minutes. and dulcoease for comfortable relief of hard stools. dulcolax. designed for dependable relief. >>> all right. big day around the horn final trade. >> all weather stock al true a mo. >> karen. >> i'm

guy adami? >> yes, sir. >> the longer this goes on, mom and pop are going to read about it on the cover of u.s.a. today. should they feel safe getting into this market >> safety -- you are implying that volatility makes the market less safe. it just makes the market more volatile i think in terms of safety, stocks are a collateral damage of what's going on the stock market is intact what's not intact is that the volatility is back for the first time in a long time pete said he saw $20 put buyers in the vix i think vix printed. >> close >> and it came right back. i said volatility is here to stay i happen to think it's going to be here for an extended period of time, march or april. >> what i'm trying to so though pete, the vix aside, i get that. for mom and pop they are not talking about the vix. what they are talking about, hey, the dow soared today, now it collapsed oh, but then it soared again is that a safe market they want to put their money into? i think that's a conversation a lot of peop

guy adami?> kudoings to tim and brian last night who said tomorrow good news is going to be bad news i didn't see it 600 down markets don't end of old age they end on a credits endoof good news. you couldn't have had much better news a couple weeks than apple saying they were going to repatriate all that money. that was great news. a lot of people thought that would be the catalyst to take the market higher. that's not been the case i don't think you have put in a bottom on a friday i think you see more pain next week >> the market is down. the vix is down as well. the tuesday after martin luther king day, then i would say it's all getting it back in the pool. >> the other side, it's probably as good a day as any to put a bottom on a friday put the chips on the table they are going long with the speculative plays. apple got drawn with the overall market it could have been an up day, if the market was up, apple would have been up everyone was worried about iphone x demand. purely speculation the

in the middle of the brexit selloff when we were here last bill joins us from the nyse along with guy adami the desk what do you make of this guy, what do you make of the selloff? why is it happening? >> what's interesting about today is open lower, rallied, unchanged, slightly higher gave that all up we haven't seen something like that in quite some time. historically, the last four or five years, a move like that to the upside would have exaggerated to the upside and continued to move. we didn't see that you have a series of lower highs and lower lows none of that's good. what do i look for on days like today? look for stocks that are outperforming. i can look at two right now. i'm not suggesting mr. wynn did something wrong or right, but look at wynn resorts today, higher on a lousy tape, on a stock that should be getting throttled, it's not. target is the other name if you like walmart at their valuation, you have to like target at theirs both those stocks green on a lousy day, suggest there may be something going on that's bullish. >> bill griffeth, you're on the floor of the new york

the dow closed up over 500 points guy adami. welcome again. >> i'm here all week >> is it safe to go back into the market obviously some people thought so today. it was in many way as more volatile market today than yesterday. >> i agree with that so in that question what you are implying is volatility over now have we seen the last of volatility >> i would answer i think we are seeing the beginning of volatility but is it safe to get back into individual stocks? yes. we talked about home depot and micron yesterday they raised guidance and that stock was up 10% i think have tilt here for a long time. the mark were in turmoil yesterday, and again today other than the fact that we have closed up near 600 points. now you can see the winners from the losers >> what is troubling is i think traders and investors want to put it in a neat backs and say this was spurred on my higher realized volume timt on friday selling as risks heightened selling more getting essentially back the neutral. this is part of what we had. we can blame it on

. >> guy adami. >> welcome scott i love when you are back with us on a friday. >> thank you very much>> the short is, i don't think the worst is over. let me say this, if you have been looking for a tradeable bottom steve can tell you where we bounced off of the s&p today and he will be spot on trough to peak moved 100 s&p handles. vix closed lower you talked about it in the green room this felt like one of those days where a tradeable bottom is in what does that halloween. >> again, i don't think the worst is over but if nothing else today as given you a road map for how to trade certain stocks goldman sachs trade down to $239 and change use that as sort of a low if you want to get out on the downside. the best names, including apple. the we versal was lower, trade off an important level and vix was low. >> that was off the record in the green room but whatever. >> i didn't say anything what did i say >> bk? >> the reversal happened today when the dollar started to weaken, too. i think that's another clue going forward. you need to see a weaker dollar here the worst case scenario for

. >> at the look, i think when it comes to apple, and good job, guy adami, we had a special. you're talking about which companies are worth buying in this environment they have a lot of cash. apple. >>> brian kelly like you've never seen him before. taking your tweets just a few moments you're watching "fast money", the one and only timesque. sar don't go anywhere. we'll be back after this short break. in the s&p 500 there are 11 sectors, but did you know the same can be said for cryptocurrency sits? it's true. b.k. has broken down the university in a way it's never been done before check it out. >> bitcoin, what is it and why is it so popular why the heck are the kids so into it? to understand those questions, you must like beyond the bitcoin and to the broader cryptouniversity you see bit counsel is just the biggest of it's a world unto itself and its own market. just like the stock market it has its own organization at structure, so free our minds and map the universe together. it can be broken into large cap, mid cap and small cap coins. the biggest and most widely owned

guy adami? >> make you money i'm here to level the playing field for all investors. there's always a bull market somewhere, and i promise to help you find it. "mad money" starts now >>> hey, i'm cramer. welcome to "mad money. welcome to cramerica other people want to make friends. i'm just trying to make you some money. my job is not just to entertain but to educate and teach so call me at 1-800-743-cnbc or tweet me @jimcramer. was this the bottom? not so fast. if yesterday's decline on the dow, it lost another 56 se7 pois this morning and rebounding like crazy in the afternoon. same method it fell at the opening. s&p falling. nasdaq surging 3.7%. how much can you trust this bounce get this, a report from snapple on top of last night's rocket fuel which was a perfect report from semiconductor sky work solution look, i think we cleaned out the bear den when we opened down that fabled 567 dow points i think we wiped out the weak-handed investors. we dealt with mechanical issues that exacerbated the decline even as the tape suddenly got a lot more bullish as we told mem

. >> that's guy adami, calling this market, quote, broken it's a scary phrase for any investor a new report adding to that fear, suggesting that certain things, the vix, were rigged through his lawyer, an alleged whistle-blower is the cause of much of the recent volatility and poses a risks. the cboe releasing a -- we take our -- this her, the one sent, is repleat with inaccurate statement. and volatility etps among other things, as a result of these others we feel the -- lack credibility, end quote. >> do you believe that parts of the market are indeed broken >> yes, but not for the sense that -- listen, i can't speak if the vix was rigged or manipulated. whistle-blower or not, i'm sure the stories will come out. the problem with that is it's emboldened traders to be short vol. i think that's all coming home to roost now my point is seven years of hubris and complacency cannot be fixed if a week of unwind. that's why i submit you'll continue to see the moves we're seeing and i think the market is broke. >> we've guests on this fine network, and i'm not going to name anybody, because

thank you for being with us tonight, everybody let's begin with guy adami guy, after a week of reckoning for stocks we are left with a hard question. is this a healthy run of the mill correction? or the start of something bigger, perhaps a bear market? because i can say that thousand-point drops have really never happened in the market unless we have a serious, serious issue. >> we have never been this high. >> to tim's point. and you know this, yes, at 27 n.o.w. in the dow 1,000 points is obviously different than at 15,000 in the dow. obviously it creates headlines because it is a significant number for context, though, the levels where we are now in the s&p and the dow jones is where we were at thanksgiving. at thanksgiving everybody was talking about how great the market was number one, i'm not dismissing what's going on. what i think is happening here, clear of what everybody has said, volatility has taken over. stocks have become collateral damage the have tilt this will be over in my opinion when you see headlines about a hedge fund and or some bank's derivative book blowing up i h

. >> just ahead, trading the faangs with guy adami and tim seymour.on power lunch. atnducmo aadn e show a basketball costs $14. what's team spirit worth? (cheers) what's it worth to talk to your mom? what's the value of a walk in the woods? the value of capital is to create, not just wealth, but things that matter. morgan stanley ein the 2018 lexus es,y system plus, standard... and the es hybrid. take advantage of special president's day offers now through the 28th, on the 2018 es 350. experience amazing at your lexus dealer. >>> let's get a check on the markets at this hour the dow down triple digits down about 168 points. about two thirds of a percent. nasdaq in positive territory by about a half percent most of the dow's drop coming from a single stock. we have chronicled it extensively today. that would be walmart. the retail giant off almost 10% after reporting a profit miss and slowing online sales the tech and consumer discretionary sectors are those that are leading the s&p telecom and consumer staples are your laggards. >> facebook under fire

stock, though, is still down 13% so far this year joining us now to discuss, fast money traders, guy adami and tim seymour. good to see you guys again tim, i'll go out to you. you have been a shareholder for a while now. what's your take on what's going on at this point and what the cfo specifically said at the investor conferences >> he said he sees significant value or the baker hughes assets are undervalues so they're not going to exercise to get out when you look at the sum of the parts of this thing, this is the big debate i think the energy units right now are still priced significantly cheap to their intrinli intrinsic value. when people look at the sum of the parts, they're probably getting this wrong the bottom line for ge still haunted by ge capital and the unknown in terms of reserves, what the company is really going to do to generate free cash flow to pay a dividend and ultimately to be that stalwart it always was. i will say if you look at what semen se that was a very value creative move for them and the health care business for ge is going strong >> i get your notion that i

joining us on the cnbc news line is "fast money" trader, guy adami.e works days, nights, thanks for being with us. the s&p 500 setting up for almost the best week in years. >> unbelievable. thanks for having me on. nocturnal, i'm always around this could be the fakeout day. i am not going to pretend to say that i thought this bounce would happen the all-time high was a few weeks ago. we traded down it 25, 30 or so where you are seeing the s&p right now, this 27, 30 level is a correction of that range i would suggest we might have an opportunity to fail this morning or sometime today and close lower. i don't think this volatility is going away i can't believe we have had that much of a text book correction to the 200 day moving average. this is just going to go on. if you are asking me what i think is going to happen i think today is going to be the head fake day and we will wind up closing lower >> let's talk about why you think it is that way you mentioned a number of different items here what will you be looking for that will give you some sign that

joining us now is fast money trader guy adami yesterday just saw some of the most -- at least intenserice action we've seen bouncing off these lows was it surprising for you? do you think we get more stability in today's trading on friday the s&p traded down to the 200-day moving average, basically within five or six s& points and bounced significantly. for context, if the market opens now, we're down 1600 dow points since that jobs friday two fridays ago. i don't think it's over. i think people want it to be over, but i don't think it's over i think you'll think the bottom is in whenyou start to read about some or hear about some huge derivatives books on one of these banks blowing up we have not heard that yet my sense is that it's out there somewhere lying in the weeds >> there seems to be trepidation around inflation concerns, consumer prices. what are you looking for in tomorrow's cpi report? >> it will come in hot i also think that central banks, specifically our federal reserve has inflation in all the places they don't want it their deflation is in other places so they're figh

from the higher market to higher volatility index >> guy, thank you for joining us, guy adami money traderave a great day >> the dow down 193 points >>> the big story outside of the markets this morning, congratulations go to the philadelphia eagles. newest super bowl champs despite coming into the game as underdogs, the eagles beat the new england patriots 41-33 this is the first super bowl title in franchise history after losing twice before. eagles quarterback nick foles outdueled tom brady. he threw three touchdowns and caught one himself as well >> that was awesome. >> and was named super bowl mvp. i caught the first half. i didn't stay up for all of it >> i did i stayed up for all of it. i have to admit on the final play, i actually thought tom brady was going to win it. he throws that bomb and i thought, oh, my gosh he didn't get it the timing and everything would have to be perfect he is potentially the greatest of all time. >> and foles, fantastic. and congratulations to jim cramer, i'm hoping these still asleep >> maybe he's so excited. >> i was watching his twitter feed hilariou

joining us now on the cnbc news line is "fast money" trader guy adami.e saw you yesterday you're putting in long hours what's your take on the market action were you surprised what are you doing in the wake of yesterday it wasn't a massive selloff, but maybe a sentiment indicator if the markets could retest those lows >> good morning, team. at the time i spoke to you, i think the dow was indicated to be up 160 points what did we talk about i said we made basically a textbook 50% correct sun off the a s&p, and when it bounced off the 200-day moving average i said it would not surprise me if the markets reverse and close lower. it did reverse, closed unchanged and then the move yesterday. the world is not that neat despite your pocket square, dom, how nice you look, courtney, things are not that neat, they're messy. what does that mean? there's another flush to the down side? i'm not suggesting we will retest that prior friday low, but i think there's some pain in store. i don't think this volatility move is over i think that there are derivative books tha

an hour or so ago, guy adami said the market is broken.r if you agree with that, and whether you think -- and if so, how? >> okay, so very good place to start. nice to see you. good to see steve, scott, everybody, michelle. market broken is an issue that we should think about. because the economics and the valuations are reasonable. i'm not worried about fundamentals but i am worried about market structure a couple things are going on here that are very disturbing. we have talked at length about the impact of systematic trading, algorithms, taking fundamental signals and amplifying them way past the mean, and i'm particularly worried right now about a potential liquidity crisis that is deriving in the etf market when we're seeing not only the inverse volatility etf structures being disrupted but we're starting to see real flights from the etf market, the corporate etf market that's a $5 trillion market, and when etfs are redeemed, the managers have to sell the underlying stock >> are you talking about, when you say a corporate etf, you mea

live from the nasdaq market site overlooking new york city's times square traders, tim seymour, guy adami and others bitcoin falling below $9,000 for the first time since november. a top crypto watcher says $20,000 is a sure thing. he will be here to explain why he is so excited. >>> first it is the tech earnings super bowl. one of the biggest nights of earnings amazon, alphabet and apple reporting moments ago. amazon soaring the others are under pressure. those conference calls are getting underway we have got full team coverage munster is ready to hop on the amazon call. he has three red phones. we will start at the charts. amazon hitting all-time highs after traders dump the stock into the close meantime, alphabet and apple pulling up in the after hours session s. amazon the new king of tech, guy >> i ask you a question, who was the old king of tech right? i mean it stands -- if they are the new ones who was the old one. >> apple. >> queen latifah has been queen -- not latifah testimony one in england. >> stay on track. >> you could have made an argument it has always been the king of

brian sullivan your traders on the desk tonight are pete najarian, tim seymour, dan nathan, and guy adami fast, we are all over the after-hours movers, disney, gilead, snap, and chipotle all reporting numbers hoemts ago. their conference walls are underway as we speak we will bring you the details as they break. >>> plus he has been sounding the alrm on the ticking time bomb in your portfolio volatility as it ripshr

the media wars heat up, should you just keep it simple and buy flits flicks >> my own would be yes guy adamilso talked about this it's the growth skks the content. they continue to grow in the content space. in 2018 that's going to continue, it's going to be huge. the commitment of the $8 billion they have for content and everything but when you look at the international growth that is what is still -- it's remarkable, frank lesion prouch growth they are sbeting internationally. continuing in the u.s. it slows down, but sshlly it's 1% >> i think the revenue is stable and there is growth. look how it has traded we have had a tremendous run in this i think this. we are talking about higher interest rates this is one of those stocks that should suffer in any downturn that we have i would be concerned about the position of this and i would wait -- >> on a relative basis >> didn't sold that hard when we went on the selloff. >> but we are at the highs >> it rallied back just as hard off the lows >> do you want to buy it at the highs? >> why wouldn't you wait for a sell off. >> what's your question

thank you so much. >> thanks. >> guy adami and mr. timothy seymour. catch much more "fast money. they'll start at the top of the hour, 5:00 p.m. eastern for more on the selloff. >>> joining us on the phone is dan niles from alpha one capital. i know you're not trading this thing -- maybe concerned about volatility the way others might be from your point of view, what just happened and what moves are you making >> sure. so, we came into today sitting on over 30% cash because we were very concerned about basically what you saw so, for us today it was, you know, something that we expected at some point to occur bad fridays followed by horrific mondays are pretty common on wall street. as you're aware. quite honestly, i think people are sort of panicking for no reason because the question isn't, you know, oh, my god, is the market down this much in the last, you know, week that big a deal the question you should ask yourself is, should the market have ever been up thismuch in january january? if you look at the numbers that have come out, not all have been great. apple, the most valu

joining us now, "fast money" traders tim seymour and guy adami. y. great to see you guys. "fast money" is back this is the most important thing to - >> no curling. >> but the curling was amazing it was amazing schuster, if it wasn't so late. >> the curling was amazing after you've watched about a half hour of curling, what else do you need to see it's a bunch of guys you might as well be in a bar with a couple of beers on each side. >> hold on that's not fair. >> that is fair. >> we raged in curling >> we are curling. >> it was the mira-curl on ice >> oh. >> f.a.n.g. has come all the way back what do you think? >> you think about some of the anxiety over the market the last few weeks, it was around interest rates, those companies that might have higher sense stift to a higher rate environment. that also includes companies playing a high div, companies more levered to certain parts of the economy that could suffer in higher interest rates. that's not f.a.n.g if you look at google and facebook, valuations to me within that group that are defensible i

so that's boeing' ceo laying out his case where does the stock go from here let's find out with guy adami and carter copeland. guy, it wasn't just the plane orders that will be so consistent over time because so many more planes are needed in the world but also talked about defense spending which is going through the roof all over the world and, by the way, they're involved in rocket science and thinks they'll be first to mars before elon musk everything is working for this company right now. >> which makes them from a cyclical stock to just a stock that's slow and easy wins the race and if you look at valuation, 21 times forward earnings, giving the guidance they just gave and given about a 20% eps growth you can see how you'd get to a $430 stock. so although the move has been quick for a $200 billion company, it's not unjustified with their cash flow, with their margins and, quite frankly, with their eps growth. >> carter, you heard the ceo make a case that the stock has fundamentally changed to one that is cyclical to one that you can depend on for steady growth for a long time. do you

live from the nasdaq market site overlooking new york city's times square traders, tim seymour, guy adamibitcoin falling below $9,000 for the first time since november. a top crypto watcher says $20,000 is a sure thing. he will be here to explain why he is so excited. >>> first it is the tech earnings super bowl. one of the biggest nights of earnings amazon, alphabet and apple reporting moments ago. amazon soaring the others are under pressure. those conference calls are getting underway we have got full

traders, pete najarian,guy adami, item item and dan nathan. tesla reporting moments ago. after hours. right now down just a bit. we will be all over the after hours action and bring you the latest. >>> plus, something is happening with stocks and bitcoin that has never happened before. and it could spell more pain for stocks ahead wells farg o''s top strategist has a big and scary call tha

to trade those three as, amazon, apple, alphabet, are the "fast money" traders, steve grasso and guy adami. great to see you guys because it's been such a crazy day steve, what do you make of these tech earnings and how much are they to finger for the market react broadly today? >> so, i don't think they were to finger for the market reaction the market reaction was to yields the market reaction was to technicals you and i have discussed this. the market was extended above the 50, 100, 200 it wants to correct back more to the norm that's what we did a little today. more on the downside but on a friday, no one is stepping in. apple, everyone was worried about the demand for the iphone x but you saw asp's average selling price rise about $100. >> are you a buyer of that one, steve, apple >> i own it. yes, i'm holding it. i own it holding it and owning it is the same as being a buyer. amazon, you can't say valuation, no one cares aws is a force to reckon with. it's the name in the cloud space. amazon, still a buyer there. i don't own that currently i've been in and out of that one. >> what ab