i think the dow was able to finish slightly higher karen finerman, this was going to be your chart of the week we were doing the next block we have to lead with it. everything is fluid right now. what happened this week. >> if you look at the chart you will see a one and change move for the week imagine what a different feel we would have if every day during the week the market moved 30 backups each day and that would get us right where we are right now that's the change in the week. but that's not how it happened we have a very different market. a treacherous market, up a thousand, down a thousand day, back and forth, is it really -- it's a scary market. and we don't know where the bottom is going to be. but it was starting to feel panicky here and so if you are a long-term investor you sort of put your tail in which we did. >> do we take solace in the bounceback, maybe the double bottom, the fear bottom. >> i'm going dsh did. >> the answer is no. >> i'm disagreeing no one is saying nothing happen. >> only karen spoke so. >> the bond market is not where it started the we can. the bon

karen finerman, good to see you, although i can't see you, our audience can youio look at this marketldman sachs coming out with a second quarter gdp estimate for a contraction of 34% i mean, i think tim used the term cartoonish with some of these numbers yesterday. as a fund manager, do you pay anyattention to this data, karen? >> well, i mean, that's a pretty unbelievable headline. i think that's an 8% quarterly gaap contraction and then annualized, but either way you slice it, even a quarter of it is still a horrific number i think that is possible i mean, who knows? who knows what kind of contraction we're going to see but i've been pleasantly surprised that both tim and guy talked about a little return to some normalcy. this was your run of the mill down 400 and change day which didn't feel bad at all relative to some of the other days we've had. the credit markets opening and functioning and that's really important. i mean, the idea that today carnival cruise talked about doing a debt deal, a junk deal and a convert -- and equity, that's astounding to me that they would consider

fiscal stimulus and doing with the fiscal and monetary, i think they're all in karen finerman joining appreciate it, karen. be well. thank you very much. >>> all right. so because things are so stressful every day now we're going to try when we can to end the show with some good economic news or good market news or at least, i guess, what passes as good news these days so let's kick it off with this, and i was posteding about it last night on the twirt, but let's show you looking at traffic patterns in shanghai, china, and for that we're using tomtoms traffic congestion index it looked at it over seven days and compares it to next year the same serve days over the year. the blue is the last seven days and the orange is how it looked last year, pre-covid-19 and it was fairly normal minus the trade war. now look at what we're seeing. the line between the blue and the orange is getting closer in other words, shanghai seem, at least monday through friday, to be getting back to assemblance of normalcy during the workweek the weekend, the big drop-off there, still perhaps a better thing to

and your guides in these crazy times, are tim seymour, karen finerman, dan nathan and guy adami. i'm brian sullivan again for melissa. here is another incredible ride and volatile session the .5% rate cut by the fed morning doing little to calm markets. maybe exj rating the selling dow giving up half of monday's gapes at the end of the day down 785. keep this in mind. the dow is now down 3,500 points from highs of less than a month ago. stocks of course a story but the big story of the day was the bond market. holy smokes. bond yields continuing to fall on the 10-year, in fact the free-fall at 2:00 p.m. eastern time at 0.99%. the drawing is not good but you get the point. under 1% on the benchmark 10-year note we have never seen that before buyers not just coming into bonds, also flocked into gold and the gold mining stocks the precious metal up 3% the miners even more the gdx, a gold mining dpks index up 5% today. if you tuned in last night -- we hope you did everybody around the desk said they were not buying into the gains. in fact, guy adami i believe you said well rally to t

joining us is tim seymour, jeff mills and karen finerman buyers coming back into stocks following yesterday's sell-off, but should you believe this bounce we're going to debate and get some answers what really went on between the s saudis and russia that led to the split and she was there and where oil may be headed. we're breaking out your volatility playbook and the four stocks our traders say is worth a second look for the long run given these big market swings. so much more ahead on the markets on "fast money" tonight, but we have to begin with this the developing story out of the white house as new details, merge about president trump's possible economic stimulus plan to combat a virus-led downturn in the economy let's get right now to eamon javers at the white house on how this is all developing right now. >> brian, we are half an hour out from a white house press briefing slated to include the vice president and the coronavirus task force aides throughout the evening last night and the day today have suggested that that could be a place where the president might roll out some of his ec

your team of "fast money" traders to want steve grasso brian kelly, karen finerman and guy adami. i'm brian sullivan guy, i don't like to use this word but is part of this market, investors, panicking >> no. again, panic is the wrong word we are within 7 or 8% of all-time high. if people sold stocks given where we were is that panic? the speed things are moving is scary. i don't suggest it's panic i don't think you've seen panic. and frankly the job isn't to stoke the flames of the panics it's not the job to assuage concerns it's our job to tell you what we nifrpg is going on with the vix at this level given the fact that people are not traveling, not going to games, schools closing, that's a fact now we talked about it last night. that's having a huge effect on the economy and the subsequent kwekt effect on the market i'll say this again, i think steve agrees, 2850 or thereabouts in the s&p is big level. that's 7% from where we are. that to me makes sense. >> we will get to the numbers, the technical stuff going on but i want to go back to the idea, karen. and i wasn't suggesting

and your guides in these crazy times, are tim seymour, karen finerman, dan nathan and guy adami. i'm brian sullivan again for

welcome i'm brian sullivan a and your trade remembers tim seymour, brian kelly, karen finerman and stevelet's get right to it stocks staging what can only be described as monster come bang the dow up 600 points in the final 52 minutes of trading. the big move, likely fueled in part by thfe

joining us is tim seymour, jeff mills and karen finerman buyers coming back into stocks following yesterday'sf, but should you believe this bounce we're going to debate and get some answers what really went on between the s saudis and russia that led to the split and she was there and where oil may be headed. we're breaking out your stlatility playbook and the four