season trading pro jon najarian over what investors should watch in the markets. >>> and here are thes and losers stay tuned we are right back here on "worldwide exchange. (vo) some bonds last a lifetime. some bonds inspire confidence, and some you grow to rely on. these are the bonds worth investing in. for over 50 years, pimco has reinvented fixed income to create opportunities for investors in every market environment. so, no matter what happens you can build the bonds that mean the most to you. pimco, a global leader in active fixed income. (vo) this is a place for ambition. a forge of progress. a unicorn in training. a corner to build a legacy. a vision for tomorrow. a fresh start. a blank canvas. a second act. a renewed company culture. a temple for ideas. and a place to make your mark. loopnet. the most popular place to find a space. >>> welcome back here are things investors are watching on the first of may april ism manufacturing and march construction spending. earnings season continues. among names reporting after the closing bell clorox and expedia and mgm and ballots will

let's bring in jon najarian. you willsee him on the halftim report jon, thank you for being here.ake you through the stock market volatility has, in fact, right now topped at least near term >> very well may have, dom we saw a significant shrinka dprk ge on friday trading down to the 26 level and threatening lower. we thought this was a positive we had a big blowout on volume of options traded a week ago 52 million traded hands. the peak of volatility and peak of volume for stock and options trading. they were close. is it close enough was that the bottom? it has been for 7% or 8% in the market we have to wait a few weeks in the future to know if that was it, dom. >> let's say maybe that's it none of us know. >> maybe >> maybe jon, one place we have seen historical data, at least over the last week, of buying activity has been many of the names that have been beaten up the most we led the rally for the last five or seven years. i'm talking about big cap technology and big cap communication services is that still the buy the dip tr trade? you think investors are in the habit they a

let's bring in jon najarian, a cnbc contributor good morning. >> good morning, frank great to be hereways good to have you, especially on a day like this. futures were slightly higher now they're slightly lower a lot of people are trying to figure out where's the bottom? are we at the bottom yet, is there a down side? what's the options market telling you, at least at this moment we know it can change any moment >> sure. what we've been seeing is there are a lot of people looking for that bottom. i would say, not yet and two reasons. we need to see volume, the volume of stock and options traded as well as the volatility, both in elevated stature. we saw volume on friday just surge to 52 million options. and nearly a record in stocks, too. that's great however, volatility did not move up that dramatically and we had that big turn around, frank that you talked about on friday because we were down hard and in the final half hour or hour of trade we had the zoom to the upside take a look at the graph on monday which was a stark comparison because instead of being a 24% jump to the upside,

. >>> on deck, jon najarian is here and he's going to cut through the language of the options and telldown, even with futures higher this morning. >>> of course, during may, we are celebrating asian american and pacific islander heritage month featuring a lot of our friends, teammates and contributors here's janette chin. >> i'm the daughter and granddaughter of chinese americans. growing up my grandfather took care of me while my parents went to work. he is the biggest influence in my life to become a journalist he told me stories of coming to america and traveling by train to different cities looking for work and i knew that by becoming a journalist, i would be able to see different parts of the country and meet different people just like my grandfather. here at cnbc i get to meet people who make history on a daily basis. for me, that is a dream come ulbeergrdfhehink my anatr wod vy proud. >>> welcome back it's going to be a very busy day once again here's sort of your morning calendar setting you up for the day on wall street thebiggy, of course, is april consumer price index, a big

that question we'll explain and debate it with the investment committee jason snipe, josh brown, jon najarianarket rebellion.com, jenny harrington, and also for the a block, an as tash a omarosa good to see you in the h

stocks rally we discuss and debate with the investment committee rich saperstein, steve weiss, jon najarian, and jim lebenthal. check the markets. stocks on track to break the longest losing streak in decades. as carl said in the last hour, stocks positive for may or the dow is 354. highs of the day s&p 500 back above 4100. we repaired a fair amount of damage here over this past week. i know smenlt ce sent meant -- s who called me before the show and said wapner, i bought the smh, bought the qs, bought the van guard s&p, i bought qualcomm, i added to volkswagon, added to xpo, i bought target and i bought cleveland cliffs, he said. farmer jim didn't know that. steve, are you more positive here >> well, first of all, scott, i think i called you mr. wapner, not wapner number one >> thank you >> i didn't want jim's tears of joy to come through and ruin my finely tailored sport coat, so i'm wearing just a shirt i wouldn't say my view changed the next few months. what i would say, i was looking at a number of things. been at a few krconferences with family offices everybody was negative they soun

joining me today, jenny harrington, josh brown, jon najarian, with me here, jim levinthal. i want to check the markets. we have taken a turn downward. s&p 500 is off by a little more than 1%, a loss of 41 points 38.93. watching key levels there. 31,474 the dow now down by 359 points nasdaq under pressure, little less than major averages, nonetheless, red there ten year note, 283 yields are dropping, stocks figuring out where to go jim lebenthal, for a minute felt like we wanted to rip. in an instant, felt like we wanted to dip. i wonder how you're feeling about this market that you have maintained is going through but a correction and nothing more. >> well phrased question it is a question of feeling. i believe, this is my opinion, give me rope to hang myself, my opinion that this is a market trading on emotions and not rational logic you get a pop in the morning and it dribbles off. that's indication that the market wants to try to focus on fundamentals of an economy that is still strong, think of jobless claims, around the 200,000 level for a long time now, and at the com

that question we'll explain and debate it with the investment committee jason snipe, josh brown, jon najarian, founder of market rebellion.com, jenny harrington, and also for the a block, an as tash a omarosa good to see you in the house there's the markets. a nice day going on. dow up 32,612. almost 500 points. carl says s&p halfway. and nasdaq with the biggest jump 2.77, the ten year note yield. jenny harrington here in the house for the first time how do you feel about the move as i said, we're going to break a losing streak looks like, down eight weeks in a row in the dow, seven straight on the s&p and nasdaq, a nauseating decline to watch. turning the tide in any way? >> i think we probably have. you know me, i have been unenthusiastic for a long time, more than a year, unenthusiastic i would say i am enthusiastic now. feeling pretty good. we did a lot of work the last few months valuation of s&p 500 went from 21 and a half times to 16 and a half that's a ton of hard work that's gotten done. even if it declines, maybe down to 14 and a half times, i don't know if that's likely. but that's

joining us today, jenny harrington, steve wees wise, jon najarian show you the markets 12 noon in the east. went positive albeit slightly. dow is negative by more than 300 points s&p 500 down 1%. nasdaq, 1.25% to the down side russell 2000 put in new 2020 inter day lows and close eye on yields. 3.08 the yield on the ten year weiss, help people understand where we are, where we might go from here, and if there are signs we could stage a tround. some said that's capitulation, what we were looking for had more than 90% down volume, a sign people were looking for sentiment as negative as sentiment could be cooperman today talking about selling pops in the market, selling strength price action is bad. how do you see it. >> you know, i don't see a turnaround i think we're overdue for short term rally, but i'm not going to participate in it. if there's any bell that rang as powell's comments, trade it and trade short term as i noted wednesday. lasts for a few hours, and i thought it would, then back to more of the same while sentiment has turned bearish, it is newly bearish and saying look,

stocks rally we discuss and debate with the investment committee rich saperstein, steve weiss, jon najariankets. stocks on track to break the longest losing streak in decades. as carl said in the last hour, stocks positive for may or the do

joining me today, jenny harrington, josh brown, jon najarian, with me here, jim levinthal.ave taken a turn downward. s&p 500 is off by a little more than 1%, a

joining us today, jenny harrington, steve wees wise, jon najarian show you the markets 12 noon in theve albeit slightly. dow is negative by more than 300