on the desk tonight, karen finerman and bonawyn eison. >>> the financial names closing out a strong week with another game today in this holiday short week. take a look at some of the moves in these financials. j.p. morgan leading the pack. wells fargo, bank of america, citigroup, with a 4+ percent gain. yields on the two year today, hitting their highest levels since november 2007, but is the rally in financials too good to be true? karen, i know you will say no. >> i feel like it is still a nightmare. they were much higher earlier in the year. obviously, i like the banks through good and bad. i have been long on the banks. i think it is a nice bounce. i wish there was one more trading day to the week. i still think the evaluations are really compelling here. the bear case for the money center banks is that all of their investment banking business and capital markets business is down. all that is true. remember, half their business is net interest, right? that is really doing well. we always look at the two year, 10 year, that is not how they make their money. it is much shorter than th

on the desk tonight, karen finerman, dan nathan and jeff bills. and we start off with the countdown to a rail strike that could crush consumers. we are fast approaching friday's deadline to reach an agreement on sick leave, quality of life policies if the two sides cannot come to terms and workers go on strike, that could cost the u.s. economy $2 billion a day and wreak havoc on the retail industries which are still grappling with supply chain and inventory issues negotiations being closely watched. kayla tausche has been falling all the developments, joins us with the very latest kayla? >> reporter: melissa, here at the department of labor, negotiators are entering their ninth hour of talks just a little more than a day before that strike could set in earlier today we saw leadership from the two original union holdouts arriving here representing half of all railworkers to meet with railroads and the administration with all parties hoping to make a deal but they're discussing a pretty narrow proposal from paid and unpaid time off. a board appointe

. >> karen finerman . >> we play this game at the end of every show. how much time is left?ow happy he is. at final trade, yesterday, lucky. tomorrow, sell some higher strike. take a little money off the table. >> near to ear. >> 113 again. >> last time i said objects are bigger than they appear. that referenced the atlanta braves, now in first place along with the mets who play in chase stadium. i see you rolling >>> my mission is simple, to 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 it's my job not just to entertain but educate and put days like today into sperspectiv so-call me or tweet me today, today, we saw this dream session. the dream of wha

with me tim seymour, karen finerman, steve grasso and brian kelly. maybe coming to grips that the fed is going to keep raising rates. stocks, after opening solidly in the red, finishing around session highs. it was a very strong final hour of trading the housing sector a snapshot of this delicate balancing act. rates keep rising, pushing mortgage rates to nearly 6.5%. but the home builders actually went higher today. key bank upgraded the sector, saying housing is due for a comeback after suffering mightily this year, and that history dating back to 1963 is the guide. so if housing can adjust to a higher rate environment, can the rest of the market as well the argument was interesting hello. >> welcome >> thank you very much >> it's good to be here. >> nice bangles reference. >> was that a bangles reference? they're having a terrible season so far which is disappointing. >> and the bangles as well any way, you did that on purpose, didn't you? >> yeah. all about the bangles. >> that was funny. >> so for early pain was the key bank report on housing an