i'm melissa lee. dan nathan here. guy adami with us once again.i, guys. >> hey, mel. >> survived another night here. tonight on "fast" it is one of the world's hottest luxury housing markets and we are right in the thick of it. inside some of san francisco's largest and most extravagant houses this city's got to offer. plus we're getting in on the silicon valley lingo and talking the latest tech unicorns. a breakdown of who's who in the billion-dollar valuation club and which company could be next to go public. and later, get this. guy is going somewhere where no other trader has gone before. and it's downright terrifying. trust me. we'll show you the video straight ahead. but first to the news of the night. the biggest hedge fund names in the game out with their latest holdings. cnbc's kate kelly back at headquarters with all the details. hi, kate. >> hey, melissa. quarterly stock filings for the big money managers are out and the word is technology, media and energy perhaps in that order. appaloosa's david tepper taking a new 2.5 million-share s

live from the nasdaq marketsite overlooking new york city's times square i'm melissa lee. your traders on the decemberric steve grasso, david seaburg, brian kelly and guy adami. tonight on "fast" one activist investor taking a big stake in american express, sending that stock soaring. we'll tell you what it is about his record that's got traders so excited. plus there's something going on in the market and it could be signaling a major rally ahead. one of wall street's most bullish and correct strategists is here to explain. but first to the markets this week. the dow seeing its longest losing streak since 2011, falling seven straight sessions. transports leading the way lower. oil lower again. when will be safe to buy? guy adami, you pointed this out earlier. the tlt. massive move there as well. >> b.k.'s been on this energy move. crude with a three handle. it's pretty close now. the things i took away from this week, the move in crude was decisive and very interesting. the move in the bond market, you just talked about it, now you have ten-year yields well below 2 1/4%.

melissa lee, what's on tap? >> the analyst who upgraded freeport-mcmoran because of carl icahn. >> ah yes. have a great weekend, everybody. >> thank, you too. >> over to you guys. >>> "fast money" starts right now. live from the nasdaq marketsite overlooking new york city's times square i'm melissa lee. our traders on the desk are steve grasso david seaburg, brian kelly, and guy adami. tonight on "fast" the great rate debate. the federal reserve hasn't raised rates in nine years. so will they or won't they come next month? no need to faers, we've got the top stocks to buy if they don't and to buy if they do. plus one firm upgrading freeport-mcmoran solely on carl icahn's involvement. so what is this man crush all about? the analyst behind that call is here to tell us. but first, a historic week for stocks coming to a close on a high note. here's what's crazy. not only did all three indices finish the week higher but crude finished the week up almost 12% for its best week since 2009. so is crude oil now signaling

melissa lee, what's on tap? >> one biotech stock was up 24%. we'll name names and give you the trade. >> all right. straight over to you guys. >> thank you, kelly. "fast money" starts right now. live from the nasdaq marketsite overlooking new york city's times square i'm melissa lee. our traders on the desk are tim seymour, brian kelly, karen finerman and guy adami. a big sell-off but we've got two secret signs that the selling could soon be over. plus apple falling hard on a bearish note from jeffries. we'll tell you how much pain they think china will inflict on apple's stock price. and later the cio of a $70 billion asset management firm says china is already priced into the market and now is a great buying opportunity. she'll tell us what she's buying right now. but first to the broader sell-off here. all three major averages seeing more than 1% losses. but there's more than that. oil and bonds trading at financial crisis levels. the dax in correction territory. and all this comes as it's been more than 1,400 days. 1,400 days since our last

"fast money" coming up in just a few moments with melissa lee and the gang. melissa, over to you guys. >> thanks a lot, kelly. "fast money" starts right now. live from the nasdaq marketsite overlooking new york city's times square i'm melissa lee. your traders on the desk are tim seymour, pete najarian, dan nathan and guy adami. apple breaking through a critical level and one that could spell trouble for the rest of the nasdaq. a top technician explains later this hour. plus shares of michael kors getting slammed today but we've got the analyst who says there's a 40% up side to the stock and the breakout could happen sooner than you think. we'll tell you what it is that has him so excite. we start off with our top story tonight and that is the steep sell-off in stocks today. crude the big culprit again closing down 4% in today's session. bond yields tumbling as investors seek safety. the question is is this the start of a summer swoon? these are levels in crude we have not seen since the financial crisis. is the market telling us something right now? >> the ma

tlt. >> i'm melissa lee. thanks so much for watching. you back here tomorrow at 5:00 for more "fast money." meantime, big show >>> 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 money. my job is not just to entertain you but coach you and teach you and educate you. call me at 1-800-742-cnbc or tweet me @jimcramer. all right. so what made today so different from yesterday? how can we collapse into the close ofra

i'm melissa lee. thanks for watching.ou again tomorrow at 5:00 for more "mad money" with jim cramer starts right now. >> my mission is simple -- to make you money. i'm here to level the playing field for all investors. there is always a bull mark somewhere and i promise to help you find it. "mad money" starts now! hey, i'm cramer him welcome to "mad money." welcome to cramerica. other people want to make friends, i'm just trying to save you a little money. my job is not just to coach, to teach and educate. so call me at 1-800-374-cnbc. how the heck can we go higher when oil is up three bucks and change. how do you make

melissa lee and the "fast money" crew. what are you watching? >> tesla. volatile after-hours session for tesla. the conference call gets under way in just about half an hour's time. everything could change based on whatever's said on that call. >> already coming back a little bit. over to you guys. >> thanks kelly. "fast money" starts right now. live from the nasdaq marketsite overlooking new york city's times square i'm melissa lee. a night of after-hours carnage. fitbit falling hard green mountain tanking and tesla sliding as much as 6% on earnings, now reversing some of those losses. we will have live team coverage with all the latest headlines and all these movers throughout the hour and what it means for your money. and we've got to kick it off with tesla here. the stock very volatile right now. the call gets under way in just a half hour's time and when that begins we'll get a lot of answers. phil lebeau will be on that call. what went wrong. what can we expect to hear phil? >> melissa, we've said it all day long. this is all about the guidance for

watch them tomorrow. >> i'm melissa lee. thanks so much for watching.ee you back here tomorrow at 5:00 for more >>> 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. >>> heyi, i'm cramer. welcome to "mad money." welcome to camer qaa. other people want to make friends and i want you to save my money and my job is not just to entertain you, but teach you and coach. call me at 800-743-cnbc or tweet me @jim cramer. >> i'm slinging the ball and bringing on

live from the nasdaq marketsite overlooking new york city's times square, i'm melissa lee. your traders on the desk are tim seymour, david seaburg, karen finerman and pete najarian. today on "fast," bullion bounce. dennis gartman says the bottom is in for the precious metal. find out how he's playing it now. shack attacks the haters. the burger joint reporting its top and bottom line beats. one wall street insider says don't buy into the hype behind this special sauce just yet. but first to this breaking news on google, announcing plans for a new operating structure. cnbc's jon fortt's got all the detai details. jon? >> reporter: well, melissa, this is one we haven't seen before. google, the entity we know today, is essentially changing its name to alphabet but keeping the two ticker symbols that it has that represent the two different classes of stock. so what happens underneath this alphabet entity? well, for one google still exists but that won't be run by larry page as ceo anymore. that will be run by sundar pichai as ceo. and google followers will now surnd pichai as t

"fast money" begins in moments, melissa lee. what's on tap? >> i've got a roomba and i love it, kelly. >> it does a great job with the vacuuming. >> exactly. there's one biotech that was up 72% today's session. we're going to tell you what it is and give you the trade. >> all right. straight over to you guys. >> thanks, guys. "fast money" starts right now. live from the nasdaq marketsite overlooking new york city's times square i'm melissa pleep our traders on the decemberric tim seymour, steve grasso, karen finerman and pete najarian. tonight on "fast" the s&p is doing something it has only done once in the last 50 years and it could lead to a pullback in stocks. we'll tell you what it is and how to protect yourself. plus golden times for the golden arches. a new survey is out and it's pinpointing what could be the next growth area for mcdonald's. we'll tell you whether it could leave the competitors in the dust. but first to our top story. housing stocks soaring today on another dose of bullish data. the home builder etf hitting an eight-yea

that's what i'm watching. >> i'm melissa lee. thanks for watching. again tomorrow at 5:00 for more >>> 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. >>> hey i'm jim cramer. my job to entertain, teach and put it in perspective. call or tweet me. >>> never forget what brought you down. never

>> i'm melissa lee. thanks for watching.ee you back here tomorrow at >>> 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. >> i'm cramer, welcome to "mad money." welcome to cramerica. other people want to make friends, i'm just trying to make you money. not just to entertain but teach you and coach you at this tough times. tweet me @jimcramer. i've had enough. tonight i'm taking matters into my own hands and

i'm melissa lee. thanks so much for watching. for "options action," check out the website.e'll see you back not here by friday 5:00 p.m. eastern. >> announcer: the following is a paid presentation for the nutribullet rx, nature's prescription nutrition extractor, brought to you by nutribullet llc. >> my stomach issues literally went away. >> my acne has cleared up. >> my hot flashes have subsided. >> i'm saying goodbye to diabetes. >> my shoulder pain has gone. >> i was able to sleep better at night. >> i've lost 100 pounds. >> announcer: over the last two years, all across the country, an astonishing 10 million people, at a rate of 15,000 a day, have joined the nutribullet healing revolution, using the power of nutrition to completely transform their health and

i'm melissa lee. thanks so much for watching. for more "options action" check out the website.e'll see you back not here but friday, 5:30 p.m. eastern. >> announcer: the following is a paid advertisement for omax3, brought to you by prevention pharmaceuticals. today on "medical discoveries," you'll find out why you should stop taking your store-bought fish oil. doctors everywhere are recommending americans take fish oils daily because over 8,000 clinical trials support what have been called miraculous health benefits. so, why aren't you seeing the benefits from your store-bought fish oil? coming up, you'll discover the truth about potency, purity, and the missing-link ratio between epa and dha that researchers affiliated with yale university have discovered, which is the key to unlocking all of the health benefits of omega-3 fish oil. you'll also be introduced to a specific formula called omax3 ultra-pure, used by pro

on that note, melissa lee take it away. >> thank you, kelly.nbc's breaking coverage of this historic sell-off continues. if you are just joining us, today was the day wall street looked into the abyss. a day market by fear and chaos. the dow falling 588 points. at the lows we were down as much as 1,089 points. not a single component finished higher. jpmorgan was the worst performer on the day. the dow just registered its worst three straight days of losses since the '87 crash. the s&p fell almost 5% today. it is now in an official correction. energy was the worst-performing sector there. the nasdaq at one point fell as much as 8% in early trading, closed lower by nearly 4%. it has now lost 11% in just one month. is the correction we just witnessed about tour

i'm melissa lee. and if you're just joining us the last half hour of trading was chaotic. the dow cratering into the close, down 200 points at one point it was up as many as 400 points. that is the biggest refrlts since the financial crisis. the s&p 500 closing at the dead lows of the session, down 1%. at its highs it was up as much as 3%. the nasdaq giving up all its gains. it finished flat. does a close like this signal even more pain ahead tomorrow? tim, what do you say? >> of course it does. and again it's because we had this morning. it was a bounce that started last night. it wasn't just china. remember we got out of the studio last night and s&p futures were already up ten handles, started going higher, is g. news out of china overnight. this is very destructive to see the reversal we saw. you close well through the lows and if you look at the market sentiment we're back to august 2000 levels if you look at the relative strength indicator, which is a measure of momentum, people. and this tells you this market hasn't been this sold off since the u.s. was downgraded b

textbook 10% correction. >> i'm melissa lee. thanks see you tomorrow for fast.d money" starts now. >>> 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 help you make money. my job is not just to entertain but to educate, teach and coach. call me 800-743-cnbc or tweet me @jimcramer. i always enjoy a market that makes sense. it lets you be creative and make judgments tha

on that note, melissa lee take it away. >> thank you, kelly. cnbc's breaking coverage of this historic sell-off continues. if you are just joining us, today was the day wall street looked into the abyss. a day market by fear and chaos. the dow falling 588 points. at the lows we were down as much as 1,089 points. not a single component finished higher. jpmorgan was the worst performer on the day. the dow just registered its worst three straight days of losses since the '87 crash. the s&p fell almost 5% today. it is now in an official correction. energy was the worst-performing sector there. the nasdaq at one point fell as much as 8% in early trading, closed lower by nearly 4%. it has now lost 11% in just one month. is the correction we just witnessed about to turn into a bear market? guy, what do you say? >> well, mel, it certainly feels that way. let's go back and talk about some levels. this morning was i think one word you used was pandemonium. let's get that out of the way. the resulting rally was violent. but it traded right up to levels th

live from the nasdaq marketsite overlooking new york city's sometimes square i'm melissa lee. our traders on the desk tim seymour, dan nathan, karen finerman and guy adami. here's what we have coming up on "fast." shares of disney falling 3% on its earnings report. the conference call just kicking off right now. we are bringing you the latest headlines throughout the hour. plus one beloved tech stock just hit an all-time high. we'll hear from the analyst who says it is the ultimate bargain. he'll tell what you that stock is and why it could be cheap right now. our top story tonight, that would be apple. the numbers are staggering. since its recent high july 20th the company's lost nearly $100 billion in market cap. that is equivalent to three teslas, three yahoo!s, two netflixes, or one mcdonald's. so does the stock have further to fall here? could this be the best opportunity to buy apple the whole year? guy adami, what do you say? >> that's real cute with the sock puppet there, mel. >> if the puppet fits, man. >> listen, tim's been on this. dan as well in terms of the price

. >>> and i'm melissa lee.e "options action," check out the website and check out our daily segment inside "fast money." see you next friday at 5:30 eastern time. . you know that confidence you get when your hair feels good and looks great? sadly, that confidence can be quickly shattered when your hair starts to show signs of thinning. thinning can be the sad reality of over-processing, over-styling, and aging for all hair types. what are the problem signs so many of us experience? thinning, dryness, brittleness, breakage, frizzing, lack of luster, loss of bounce, and an inability to style. if these are issues you're dealing with, you're not alone. a recent study has reported that 65% of women

melissa lee, thank you, see you tonight. "closing bell" starts right now. >>> hi, everybody, welcome to the "closing bell," i'm kelly evans at the new york stock exchange. >> trying to do the lean. >> especially tall. >> i'm bill griffith, the dow losing earlier gains. had been up about 100 points. now you see we're virtually unchanged right now. initially excitement on comments about the fed on the rate hike may still be a few months away. report very positive. dow component disney is now dragging the index lower, shaving off about 75 points from the dow, it's down. look at that, down 9% on disney today. >> this is the day, bill, people will look back on and remember. disney seized a little bit in the earnings. as you can see there, disney shares down about 9%. putting the cable bundle front and center after talking about espn. not just disney. other big media stocks falling today as netflix is hitting an all-time high. 21st century fox down 7.5%. time warner, not the cable piece, twx down 8.7%. comcast down 4.7. and we'll

i'm melissa lee. thanks so much for watching. for more website.ee you back here friday at 5:30 p.m. eastern. >>> 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 kram america. my job is not just to entertain but to educate and put it in context. call me 800-743-cnbc or tweet me @jimcramer. you know what, we're at a bizarre moment where overseas woes, who knows who is next,

. >> i'm melissa lee. thanks for watching. see you again tomorrow at 5:00 for more >>> 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. >>> hey i'm jim cramer. my job to entertain, teach and put it in perspective. call or tweet me. >>> never forget what brought you down. never forget what can bring you back up, but people do, which is how this market could go into free fall with the dow plummeting 277 points before gaining senses and finishing flat. nasdaq coming back. most people don't step back and reason. for example, the oil stocks have been declining for days on end and widespread contention that oil complex was the single most dangerous group out there. then last night real "mad money" presented a clinical analysis negativity toward the group via the charts. good picturorals and observed climax low and then big bounce. most of you, according to my twitter feed seemed incredible o -- incredulous. wala,

i'm melissa lee. thanks so much for watching. we'll see you back here monday at 5:00 p.m. "fast money" meantime, "mad money" with jim cramer starts right now. >> announcer: the following is a paid advertisement for dr-ho's physio belt, brought to you by dr-ho's. >> hi. i'm john cremeans. welcome to our show, "living without back pain." do you suffer with back pain, hip pain, or shooting pain that runs down your legs? well, stay tuned and discover how others just like you have found the new way to relieve their back pain. >> it's really funny. i just put the belt on. i've had it on for about a minute, and already, there is a reduction in pain that i have in a particular spot on my back. it's weird. i didn't think it would work so fast. >> the belt allowed me to walk for the first time in a year without a cane.

i'm melissa lee. for more "options action" check out the website optionsaction.cnbc.com.ntime, again, sunday night 7:00 p.m. eastern time, "markets in turmoil." to get you ready for what could be another another roller coaster week on wall street. have a great >>> 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". ium other people are trying to make friends, i'm just trying to save you many. so, call me or tweet me @jim cramer. arduous, nasty, jumpy and even when it's good, it

i'm melissa lee. thanks so much for watching. see you back here next friday at 5:30 p.m.astern time. meantime, don't go anywhere. "mad money" with jim cramer starts right now. have a great weekend. >>> 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. my job is not just to teach but to entertain and coach. so call me at 1-800-743-cnbc or tweet me @jimcramer. the dow dipped 12 points, s&p

i'm melissa lee. for more "options action" check out the website optionsaction.cnbc.com. meantime, again, sunday night 7:00 p.m. eastern time, "markets in turmoil." to get you ready for what could be another another roller coaster week on wall street. have a great >>> 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". ium other people are trying to make friends, i'm just trying to save you many. so, call me or tweet me @jim cramer. arduous, nasty, jumpy and even when it's good, it feels bad, doesn't it. will the fed move or not? maybe one of the metals are oil, is there an emerging market and the domino game like the ones we saw in 1997 and 1998. when the crushing obscure curancies. and the shanghai stock exchange is the first thing i check when i wake up in the obscure hours in the morning. and then it was europe and then futures. now, it's china and the need for the shanghai composit t

melissa lee, what's on tap?analyst who upgraded freeport-mcmoran because of carl icahn. >> ah, yes. have a great weekend, everybody. >> thank, you too. >> over to you guys. >>> "fast money" starts right now. live from the nasdaq marketsite overlooking new york city's times square, i'm melissa lee. our traders on the desk are steve grasso, david seaburg, brian kelly, and guy adami. tonight on "fast" the great rate debate. the federal reserve hasn't raised rates in nine years. so will they or won't they come next month? no need to faers, we've got the top stocks to buy if they don't and to buy if they do. plus one firm upgrading freeport-mcmoran solely on carl icahn's involvement. so what is this man crush all about? the analyst behind that call is here to tell us. but first, a historic week for stocks coming to a close on a high note. here's what's crazy. not only did all three indices finish the week higher but crude finished the week up almost 12% for its best week since 2009.

. >> i'm melissa lee. thanks for watching. see ♪ >>> my mission is simple, to make you money.'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 money. my job to not only entertain, but to teach, and coach and put in contexas. call me. or tweet me. @jimcramer. this market has a goose. allbeit not a particularly golden one. but if the goose gets killed we will be in trouble. i'm talking about the housing goose and frankly on days like today where the dow dropped and the nasdaq sink 6.4%. it's one of the few sectors working, in fact, it saved the day from being a full-free fire zone. fir, understand that once again, we are back in international purgatory, the house of pain. that is when happens when the chinese markets are down and others are weak, and commodities are soft and the dollar is upper freaking strong. ♪ >> when you have this combination it's almos

i'm melissa lee. thanks for watching. see you again tomorrow at 5:00 for more "mad money" with jim cramer starts right now. >> my mission is simple -- to make you money. i'm here to level the playing field for all investors. there is always a bull mark somewhere and i promise to help you find it. "mad money" starts now! hey, i'm cramer him welcome to "mad money." welcome to cramerica. other people want to make friends, i'm just trying to save you a little money. my job is not just to coach, to teach and educate. so call me at 1-800-374-cnbc. how the heck can we go higher when oil is up three bucks and change. how do you make sense of a front seat/back seat rally where all the wrong stuff the minerals the oil complex, led the market beautifully? with the dow climbing 369 points, the biggest two-day gain since december, 2008. s&p pole vaulting. nasdaq rocketing 2.5%. aren't we supposed to want to roll costs down and down and down some more? not up huge as they were today? i know it's tough to explain how oil is spiking, alm

i'm melissa lee. and if you're just joining us the last half hour of trading was chaotic.ring into the close, down 200 points at one point it was up as many as 400 points. that is the biggest refrlts since the financial crisis. the s&p 500 closing at the dead lows of the session, down 1%. at its highs it was up as much as 3%. the nasdaq giving up all its gains. it finished flat. does a close like this signal even more pain d

. >> i'm melissa lee. thanks for watching. see you tomorrow again for more "fast." "mad money" begins right now. >> my mission is simple, to make you money. i'm here to level the playingfield 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 trying to save you some money. my job is to educate, teach and tell you how to handle markets like this. call me or tweet me @jimcramer. never confuse the day-to-day action in the stock market with the state of the real economy. the dow at one point plunged more than 1,000 points before closing down 588. s&p plummeted 3.9% and nasdaq 3.82%. we're in total correction mode for all three averages and we have now expected the worst three day point decline in the dow jones closing at an 18 month low. let me tell you why there's so much confusion between our economy and our stock market decline. in my years of investing which is 8 separate crashes and multiple bear m

i'm melissa lee. thanks so much for watching. see you back here next friday at 5:30 p.m. eastern time. meantime, don't go anywhere. "mad money" with jim cramer starts right now. have a great weekend. >>> 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. my job is not just to teach but to entertain and coach. so call me at 1-800-743-cnbc or tweet me @jimcramer. the dow dipped 12 points, s&p rose.06% and nasdaq advanc advanced .32% and i'm glad to put the brutal volatility behind us for the weekend. to totally chaotic nature of the market left me thinking once again who can blame people for losing faith in stocks? yet here i am telling you yet again that if you protect yourself with limit orders, if you use weakness to put some capital away, not run from the market out of fear, you can use your m

i'm melissa lee, thanks for watching. see you tomorrow at 5:00 for more "fast money." in the meantime, don't >>> 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. i promise to help you find it. "mad money" starts now. hey, i'm cramer! welcome to "mad money." welcome to cramerica. othepeople want to make friends. i'm just trying to save you money. my job isn't just to entertain but to teach it and put it all in context which you need right now. call me at 1-800-743-cnbc. or tweet me @jim cramer. sometimes we get days like today. where people just say, i have had it. i want out of here. >> sell sell sell sell. >> and that's pretty much the instinct behind the sell-off. the nasdaq nosediving 1.62%. yet, people want to sell pretty much everything right now. particularly high growth. or maybe everything except what's being going down endlessly like oil where the stocks bounced. even as the price of crude failed to do so or herbalife that finally caught some lift. what's going on here? i

. >> i'm melissa lee. thanks so much for watching. see you again tomorrow at 5:00 for more "fast money." meantime, "mad money" with jim cramer starts right now. >>> 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 trying to save you money. my job is to put it all into context and teach and coach you. call me at 1-800-743-cnbc and tweet me @jimcramer. today is a classic example of why i hate big openings. i warn you never to bite on them including this morning's enthusiastic come back. it's why i urge you never to reach for stocks. not to chase them up high. when you chase you get burned. the dow opened up 360 points and then the market went into a tail spin late in the afternoon. dow sinking 205 points. s&p plunging so beautiful all day and nasdaq declining .44%. it was if biggest downsid

i'm melissa lee. thanks so much for watching. for more website. see you back here friday at 5:30 p.m. eastern. >>> 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 kram america. my job is not just to entertain but to educate and put it in context. call me 800-743-cnbc or tweet me @jimcramer. you know what, we're at a bizarre moment where overseas woes, who knows who is next, brazil, could rebound positively in the u.s. at the same time, though, this overseas weakness dessimates the international worries and it's a world turned ugly where we don't know a winner from a loser unless it reports outstanding or terrible earnings. a good number can inch your company's stock higher. a bad one and it's katie bar the door. so where will the door be barred next week going forward? first up on monday, we hear from estee lauder, which, with its makeup products has be

"fast money" coming up in just a few moments with melissa lee and the gang. to you guys. >> thanks a lot, kelly. "fast money" starts right now. live from the nasdaq marketsite overlooking new york city's times square i'm melissa lee. your traders on the desk are tim seymour, pete najarian dan nathan and guy adami. apple breaking through a critical level and one that could spell trouble for the rest of the nasdaq. a top technician explains later this hour. plus shares of michael kors getting slammed today but we've got the analyst who says there's a 40% up side to the stock and the breakout could happen sooner than you think. we'll tell you what it is that has him so excite. we start off with our top story tonight and that is the steep sell-off in stocks today. crude the big culprit again closing down 4% in today's session. bond yields tumbling as investors seek safety. the question is is this the start of a summer swoon? these are levels in crude we have not seen since the financial crisis. is the market telling us something right now? >> the market is clearly

let's get out to melissa lee and the gang. >> i don't know if i can tell you, kelly. any embarringembar embargo embargoes. >> i can draw this out for 15 seconds. >> the chairman of microsoft is going to be here. he'll tell bus the company he's personally investing in because he thinks it's going to be the next big thing in silicon valley. >> with that kind of tease -- there we go. straight over to you guys. >> thank you, kelly. "fast money" starts right now. live from the nasdaq marketsite overlooking new york city's times square i'm melissa lee. our traders on the desk bricems seymour, brian kelly, karen finerman and guy adami. another rough day for big oil stocks as crude makes a new multiyear low. one big oil name in the dow may have found a bottom and we'll tell you what it is. but first to the story of the night, will they or won't they? confusion about when the fed will raise rates leading to an extremely volatile session for both stocks and bonds. the dow down 229 points at its low, then reversing only to end the day low wrer while the ten-year yield hit sessio

live from the nasdaq marketsite i'm melissa lee. breaking news tonight. ending just about at the highs of the session. rebounding from six consecutive days of declines. both the dow and the s&p posting their biggest percentage gains in more than four years. the dow ending the day up 619 points. so tonight we ask a very simple question. did we just get the all-clear to get back into stocks? guy adami, what do you say? >> i wasn't here last night. and if i had been here last night i would have said yesterday's price action was the worst of the last two weeks and there's a good probability that today we blow through the 1820 level on the down side. i would have been 100% wrong. with that said, is it

melissa lee, what's on tap? >> one biotech stock was up 24%.s and give you the trade. >> all right. straight over to you guys. >> thank you, kelly. "fast money" starts right now. live from the nasdaq marketsite overlooking new york city's times square i'm melissa lee. our traders on the desk are tim seymour, brian kelly, karen finerman and guy adami. a big sell-off but we've got two secret signs that the selling could soon be over. plus apple falling hard on a bearish note from jeffries. we'll tell you how much pain they think china will inflict on apple's stock price. and later the cio of a $70 billion asset management firm says china is already priced into the market and now is a great buying opportunity. she'll tell us what she's buying right now. but first to the broader sell-off here. all three major averages seeing more than 1% losses. but there's more than that. oil and bonds trading at financial crisis levels. th

melissa lee was pointing out. we're going to look at both sides of whether it is time to cash out or buy more of apple stock at these levels. we have a bull and a bear on apple coming up momentarily. >>> meanwhile, the dow stock stealing the spotlight for good reasons is disney. it's had the biggest year to date gain by any dow component. it's up another half a percent. we'll get disney's earnings after the bell today. >>> apple is thought of as sort of the lead dog. it's the largest company out there. i think disney is the company to watch these days. >> what a performance it has turned in. >> meanwhile, aetna out with earnings this morning. it's getting a big boost from medicare and medicaid these days. we have a first on cnbc interview with ceo mark bert bertolini. breathtaking consolidation in that industry. >> really looking forward to that. also rock star and actor rick springfield is joining us at the new york stock exchange. we'll talk about his latest film with meryl streep and what he thinks about taylor

live from the nasdaq marketsite overlooking new york city's times square i'm melissa lee.ic steve grasso, david seaburg, brian kelly and guy adami. tonight on "fast" one activist investor taking a big stake in american express, sending that stock soaring. we'll tell you what it is about his record that's got traders so excited. plus there's something going on in the market and it could be signaling a major rally ahead. one of wall street's most bullish and correct strategists is here to explain. but first to the markets this week. the dow seeing its longest losing streak since 2011, falling seven straight sessions. transports leading the way lower. oil lower again. when will beaf

live from the nasdaq marketsite overlooking new york city's times square, i'm melissa lee.r traders on the desk are tim seymour, david seaburg, karen finerman and pete najarian. today on "fast," bullion bounce. dennis gartman says the bottom is in for the precious metal. find out how he's playing it now. shack attacks the haters. the burger joint reporting its top and bottom line beats. one wall street insider says don't buy into the hype behind this special sauce just yet. but first to this breaking news on google, announcing plans for a new operating structure. cnbc's jon fortt's got all the detai details. jon? >> reporter: well, melissa, this is one we haven't seen before.

>> i'm melissa lee. thanks for watching. see you back here tomorrow at >>> 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. >> i'm cramer, welcome to "mad money." welcome to cramerica. other people want to make friends, i'm just trying to make you money. not just to entertain but teach you and coach you at this tough times. tweet me @jimcramer. i've had enough. tonight i'm taking matters into my own hands and say something positive. positive things about the market that are at odds with what you heard and saw on your screen. dow plunging 163 points, s&p sinking, nasdaq losing .80%. i'm going against the grain at a session that once saw the market skyrocket only to plummet guns again. let me give you the biggest caveat at all -- nothing i'm about to say will mean anything unless you have a month long time horizon which is short in the real world but sadly not in the stock world. to

i'm melissa lee, thanks for watching. see you tomorrow at 5:00 for more "fast money."time, don't >>> 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. 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 save you money. my job isn't just to entertain but to teach it and put it all in context which you need right now. call me at 1-800-743-cnbc. or tweet me @jim cramer. sometimes we get days like today. where people just say, i have had it. i want out of here. >> sell sell sell sell. >> and that's pretty much

. >> i'm melissa lee, thanks for watching. tomorrow at >>> 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 he 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 just want to make you some money. my job is not just to entertain but to coach you so call me at 1-800-743-cnbc so tweet me at jim cramer. today the winners battle back. it was tough to