what they are buying and selling and joining me for the hour, stephanie link, degas wright and jon najarian and founder of rebellion.com. investors digesting earnings report you see the dow, s&p, nasdaq all in the green transports are hitting a new high and there's the yield on the ten-year it's remaining stable and weal begin with the marketses hitting new record until i learned news about jon najarian's facebook position i want to go right to you because i understand you've been selling ask selling a fair amount over the past few days. >> yeah, scott i don't know if it's breaking news, but yeah i've cut my stock position in half, scott. i still have the option position that i described to you guys a couple of weeks ago, but the combination of ms. hagen's testimony to the congress and over in europe as well as the fact that facebook has said that what apple has done with their new settings has impacted and likely will continue to impact facebook's ability to offer the ads that facebook expected i think that continues to weigh on that stock, scott so i didn't want to own as much stock as i

plays for your money this hour joining me for the hour, brenda vanjello, and john teranova and jon najarian and let's check the markets. the stocks are lower by now and the ten-year yield sits at 151 the stock's up, as i said, all around this week especially recently take a look at this. the nasdaq is a good picture of the volatility that all of us have been enduring for the last several trading days if we can get you that, we'll show it to you, but it's been tech, the epicenter of the most volatility in the market inflation fears and that's where the culprit lies rates go up, tech seems to go down joe teranova, you say the market is in a tenuous position >> sure. i think we can use that word and that is where we remain and i don't see this as a risk off environment where 15% to 20% down for equities is going to be the path i think there are too many conditions that suggest otherwise. credit markets are good, high-yield investment grade is trading well and it's not the risk in the crypto market as that approaches new highs and that's a continuation of what the theme of 2021 has been and whe

joining me, is josh brown, jon najarian co-founder of market rebellion.com. i'll take you to the wall. the dow seeing its best week since june and the debt deal with the key risk. that's the story you have three big risks as we saw it and the debt ceiling debate and earnings which are coming right at us and you remove the debt ceiling issue at least in the near-term and stocks certainly seem to love that news. >> yeah. so, look, the good news about risks is once we get past one they'll always make a new one so look forward to whatever comes after this i think the bigger picture story is that q3 earnings are going to be very peculiar we have never seen a q3 earnings for the s&p 500 negative versus q2 in the context of an economic expansion. now, obviously, for a variety of reasons, there's a the layoff funky stuff going on in the data because all of this stuff is comps and we're experiencing a once in a lifetime economic re-opening and maybe we'll take that with a grain of salt, but i would not expect an incredible q3 earnings and maybe the most charitable thi

for more on where the options action is let's bring in jon najarian, a cnbc contributor a feature one report it's good to see you this morning. i wonder, as you talk about the market and where it's at, does it surprise you that we're back to record highs for the s&p 500 in such a short time and that it's those cyclical economically sensitive sectors that have led the way higher >> i guess it does a little bit, dom. but like i say, i think the next batch of earnings will be really telling. for instance, tesla, tesla was one of those stocks that they actually deliver a product, just like apple is about to on what the 27th of october, they're going to be coming out with their earnings and these guys deliver products, rather than something that is ethereal, like you were just talking about, for instance, the social media stocks and how they track you. that's a different sort of business model, if you will, dom, than the people that tumly sel -- actually sell you things but the good news is that people that sell you things that come in boxes, except tesla, of course, that would be a big b

jenny harrington, steve weiss, jason snipe and jon najarian co-founder of market rebellion.com. let's go to the wall s&p 500 is edging back towards a new high and only 2% away and the dow is up more than 1.2% away and 35,184 and the ten-year note and there's the yield on it, 157. jon najarian, i'm going to begin with you today i can make a checklist this week that looks pretty darn good, and i want to get your thought on it earnings, all of that earnings, we're off to a great start economic data looks pretty good to me. ppi, below expectations and retail sales above expectation and i mentioned the yield on the ten-year, it's behaving and more good covid news and you've got the international travel announcement today seasonality is starting to look a little bit better and there's a risk on feeling the market and you take a look at what bitcoin is doing is this the week, dr. j, that broke the corrections back >> perhaps, scott. perhaps. i still would like to see a little more on the companies that are delivering goods side of the business. we've got great earnings you're absolutel

jenny harrington, steve weiss, jason snipe and jon najarian co-founder of market rebellion.com.ards a new high and only 2% away and the dow is up more than 1.2% away and 35,184 and the ten-year note and there's the yield on it, 157. jon najarian, i'm going to begin with you today i can make a checklist this week that looks prett

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level you should be watching right now we're debating it with stephanie link, degas wright, and jon najarianseesawing once again today. right now we're green. dow's up 55, nasdaq's good for a quarter of a percent, that's 35. there's the russell in the green, as well today all right, josh, beginning with you. that strategist

joining me, is josh brown, jon najarian co-founder of market rebellion.com.the debt deal with the key risk. that's the story you have three big risks as we saw it and the debt ceiling debate and earnings which are coming right at us and you remove the debt ceiling issue at least in the near-term and stocks certainly seem to

level you should be watching right now we're debating it with stephanie link, degas wright, and jon najarian the stocks are seesawing once again today. right now we're green. dow's up 55, nasdaq's good for a quarter of a percent, that's 35. there's the russell in the green, as well today all right, josh, beginning with you. that strategist i mentioned, the most trusted tom lee says the market will keep ping-ponging for a while and he points out the 100-day moving average as the key level. what's so critical about that is we're right there and we're just above it now and right before i came on the air, we were right there. the s&p closed at 43.61 yesterday. the 100-day moving average is 43, 6054, and do you feel we're in a tenuous spot, josh, or making too much of all of the risks? >> so on a short-term basis, i do think we're in a tenuous spot, and you know, i'm watching that 100-day moving average as well as the 50, the 200, but the funny thing about these imaginary lines that we draw is that when sentiment turns they disappear in a second. like, they're not really there when you need them

plays for your money this hour joining me for the hour, brenda vanjello, and john teranova and jon najarianheck the markets. the stocks are lower by now and the ten-year yield sits at 151 the stock's up, as i said, all around this week especially recently take a look at this. the nasdaq

joining me for the hour liz young, josh brown, and jon najarian co-founder of rebellion.com. stocks and bonds, we're not having bond yields on this news and i'm wondering if it's because this package from the president is not as big as feared it is half of what the original cost was and the tax hikes are not as bad as feared, if you want to say it that way. what do you think? >> i think half of that is true. if you look at the package, the package is expected to be paid for so this isn't going to be deficit spending and this isn't going further fuel inflation or require us to print more money and that's a positive for the market the big positive is that those corporate tax increases that we all feared seem to have completely disappeared from this bill there's going to be a little bit of a tweak here and there on corporate taxes, but not nearly the level that we thought would happen as we saw, not a done deal yet some of them could come back on the table, but i do think markets are reacting to that today. i do think that markets are reacting to the fact that earnings season ar

money and the markets joining me for the hour today, stephanie link, jim lean know that will and jon najarian, co-founder of masrket rebellion.com. we have a nice tick-up in stocks today. take a look at the dow, s&p, nasdaq, everything's positive u nasdaq's getting the biggest bounce from a percentage standpoint, almost 1.5% and a good bounce across the board and the ten-year yield at 1.53 we are watching shares of facebook and the tech check gang was just talking about pete, i just want to go to you on that note i asked your brother yesterday when he was on what you might be doing with your stock and your options? i understand that you bought more puts yesterday and that you're actually thinking about buying more stock? >> at some point i probably would, scott i think fundamentally the story is still there is it going to change and possibly some of what's going to change coming from washington, d.c. i think you could say yes, there will probably be some change i still look at this company and i'll tell you, they have built something that whether you like it, dislike it, or whatever your opin

means to your money and what matters most in the market brynn talkington, and jim lebenthal and jon najariancheck on the markets. what a volatile week it has been as we wrap it all up the dow's good for eight s&p's down a couple and the nasdaq is where the action's been and the volatility is down 1/3 of 1% and approaching 160 approaching 16

joining me, stephanie link, jim looken that will, josh brown, jon najarian co-founder of market rebellionthe s&p. a big week of earn suggests rolling on we have gerstner coming on

. >>> let's welcome our investmen committee and jon najarian, co-founder of market rebellion.com andcy davis will tell us her best idea in the market as well it's nice to see you, nancy. thank you for being a part of this, as well. jim lebenthal, let's just react to what we just heard from misters m misters meister and sandler, yes, there are risks and it's hard to be overly negative given where real rates are i think that's the headline. >> i think that's exactly right. what i heard from them and it helped me crystallize something in my mind and i've been saying for quite some time that we are early in an economic expansion and frankly, scott, we may be moving into the mid-cycle of the economic expansion that's not necessarily a bad thing. it's just acknowledging this it's been a year and a half since the recession. if i ask myself as i do what can keep this going? i do think the fed is a non-issue right now. i think what comes out of congress over the next month or so is really what will tell us if this early economic phase continues or if we get into more of a mid-cycle because if

committee, degas wright, and jon najarian, the co-founder of market rebellion.com i see the hat for obviouswhat do you have to say about what your buddy had to say about the market in the near-term? >> it's been pretty consistent in terms of the process over the last couple of months or so, i'd say. he's done pretty well. he's spoken about his shortened treasurys before and done pretty well on that as has rick reider. it makes sense dave always lives to play another day. he's not that exposed to equities, but he's not battling on the market, so it makes a ton of sense and i'm glad he's keeping cash there which i intend to win in the next golf outing, so for me it was a typical day and very, very insightful and very clear language >> so, pete, look. you're a shorter term guy than many obviously you do have some long term investments and positions that you intend on keeping on for a long time, but what about his view of what may happen in the near-term? obviously a lot of it is pegged to where rate goes from here maybe the nasdaq's getting nervous about that and that's why you're seeing it do

means to your money and what matters most in the market brynn talkington, and jim lebenthal and jon najarian let's start with a check on the markets. what a volatile week it has been as we wrap it all up the dow's good for eight s&p's down a couple and the nasdaq is where the action's been and the volatility is down 1/3 of 1% and approaching 160 approaching 161 and the dow has been on track for its best week since june. mr. all in i start today with you as i feel almost compelled to do after this disappointing jobs report so many questions about the taper, questions about rate. are stocks in a tenuous position today, jim lebenthal, or not >> your honor, i don't think so, and as evidence i would submit to you, just take a look at our cyclicals and obviously, you can take a look at energy and the stocks are going through the roof, but you can also take a look at financials and this is counterintuitive because after the jobs report, you might have said whoa, maybe the fed will back off a little bit. the ten-year yield, maybe it goes down. no, it went up and it went up for one good reason. i can

what they are buying and selling and joining me for the hour, stephanie link, degas wright and jon najarianm. investors digesting earnings report you see the dow, s&p, nasdaq all in the green transports are hit

money and the markets joining me for the hour today, stephanie link, jim lean know that will and jon najarian, co-founder of masrket rebellion.com. we have a nice tick-up in stocks today. take a look at the dow, s&p, nasdaq, everything's positive u nasdaq's getting the biggest bounce from a percentage standpoint, almost.5