jeff mills welcome brian kelly and steve grasso tonight on fast. shares of canopy growth sparking a rally in the pot stocks. why bad news is not so bad news in this sector we'll dig in plus for your chart of the week we look at a name we all kind of left for dead not long ago well maybe not everyone around the table. is the current rally for real? we get answers and love, exciting and new it's in the air this valentine's day. but wall street is sweet on a couple of stocks. >> nice. >> will they be lasting romances or are investors flirting with disaster we are doing a like or not, or hot or not like a would you rather. >> swipe. >> left or right, whatever it might be we don't care. all that ahead but we start with some big breaking news on the biggest name in investing. who else but warren buffett. the latest filing from berkshire hathaway showing outsize moves from omaha her here is the rundown to berkshire started new positions. kroger getting a pop 18 million new share stake over the quarter. biogen over the new stake. and berk shir bought the s

jeff mills welcome brian kelly and steve grasso tonight on fast.g a rally in the pot stocks. why bad news is not so bad news in this sector we'll dig in plus for your chart of the week we look at a name we all kind of left for dead not long ago well maybe not everyone around the table. ishe

there are plenty of companies in correction territory joining us now, jeff mills, chief investment officer and cnbc contributor and stephanie continues with us. in your view, jeff, does this feel like a 10 to 12% garden variety caused by coronavirus fears or do you expect it to be even longer lasting? >> it is reeally hard to know. right now, we are within the confines of what would be considered a normal correction on any given year, about 12% would be a normal draw down. i would say we are not quite at the bottom yet doesn't quite look like capitulation yet to assume that this is going to be contained might be going too far. it was tweeted over the weekend. there is a chinese soccer team flew out of shanghai, tokyo, l.a. to brazil no testing at all. i think we'll see more headlines that shape the market in the near term. we have to assume that for now >> there are 1.4 gazillion people in china and only couple thousands infected they are con continuing taining but there are the he ceconomic effects. >> we just don't know. social media isn't helping the setup was poor we thought that this

mills jeff biotech like do you the prompter going the wrong way. >> i think gilead working on a short-term i like the valuation look at ibb, the overall industry etf you know that's having a tough time at 1.22 at the level now pay close attention to the current level whether it moves up or down is important. >> for more "options action" tune in the full show tomorrow 5:30 p.m. eastern time up next, final trades. ♪ >> announcer: "options action" sponsored by think or swim by td ameritrade ♪ ♪ ♪ when yowhat do you see?itical issues facing our world, we see breakthrough medicines getting to patients in record time. we see harnessing natural gas unleashing the promise of clean energy. we see engineers simulating the future to improve today. at emerson, when issues become inspiration, focusing core strengths to create a better world isn't just a result, it's a responsibility. emerson. consider it solved. everyone has something to say. but in a world full of talking, shouldn't somebody be listening? so. let's talk. we are edward jones. with one financial advisor per office, we're built for heari

ok until the mill is a bit tough but from media even with that i think. yeah i'm with you jeff come new motormouth amala giants are with me again. i asked but the more they check. refers to come a leave law or no special ops i asked than borg i called ron you'd yardy to guy it ticked off for nash and that bash from yet even mohawk more. than she had. she done move up mon di nash. zircon are still run board after all of course be done son made them. sure i saw him. wrestling proper nutrition boy who has built a less stressful and. bob i am right that the longer i rushed on my phone so. 6 you who are a little more thorough. but the more. you give who. don't come made the times you should be dashed by at those doing me ever also so sure of you. don't mean. your linked in are stunned. by society generally barbaric awful moment. that you're not in the commercial foremost. the truck or repeats. in the come with my school trip or are. going to. be. with. them. from shrimper should screen time. school i only stand boys you shut off for a nash. nash question comma morton i'm advised tha

as we get ready for that, jeff, just to give people a sense of what's happening, senators have been milling obviously saw senator klobuchar, senator mcconnell is out there. the senator from arizona is currently undecided, purple state. she was having a conversation with the vote counter on the republican side, john thune. senator murkowski joined. we understand the conversation was casual, but nevertheless, certainly talking to senators. >> it's a data point. i don't know what it means. as we look ahead to what the president's lawyers are going to say, it's a time for the hipocratic oath. don't say anything that will upset the apple cart that will cause controversy. revisit the arguments that you've made in the past that this is something that should be decided by the voters, that the house investigation was inadequate and unfair. i think those are arguments that everyone has heard before, but what will be interesting is to see how much they want to appeal to their client by going with the, it was a perfect phone call. how much are they going to actually defend the conduct as above rapproch

jeff zeleny, thanks very much. joining us now stormer clinton campaign senior spokesperson, karen finney, cnn political commentator, as well as democratic strategist aisha moodie-millsanks both for being with us. karen, are you surprised after the chaos of the iowa caucus, there are folks voicing concerns about what may happen in nevada? >> no, actually, what i heard from on the ground, people are a bit nervous and want to do a good job. i think one of the major differential factors in nevada we didn't have in iowa, all due respect to awarks iowa is harry. he has a very strong political machi machine. he helped get nevada early if the window. and get the caucus in the first place. so, i think they're not going to let -- see the kind of problems that we saw in iowa. they're not using actual technology. the one technology is really an ipad and a l calculator. everything else is going to be done paper with multiple redundancies, so we'll see. i have to tell you, anderson, i would be perfectly happy if we did away with the caucuses because it's a mess. and it's always a mess. even with the best of intentions. although i think, again, in nevada, they're trying very hard

jeff ranieri has more on the freeze warning coming our way. it's already cold. >> yes, numbers dropping into the 40s. 44 here in livermore, 49 in morgan hill, 46 also in napa and 49 in mill valley. and you'll get a look here at that freeze warning, and it's for the north bay, for all of the north bay except the immediate coastline. that's where some 20s and 30s are possible. so, remember to cover up those sensitive plants, take the pets inside, and also be careful with those space heaters. now, some other stuff i want you to be thinking about is to make sure to dress in layers tomorrow morning and also wear a hat. it does really help to trap some heat pockets right next to your body. and the other thing you want to think about is you might actually have the tire pressure light coming on in your car because cold air compresses, so it may leave your tires needing a little bit of air through this colder weather, and we're going to see some of the chilliest temperatures just before sunrise at 7:14 in the morning. we'll talk more about who drops down to 28 degrees and we'll have your full forecast. we'll see you in about 15 minutes. >> okay, jeff. see you soon. thank you. >>>