i'm melissa lee.e's where the action is tonight. >> yes, eight years ago and a lot more hair, "options action" made its debut, we aired at 11 p.m., we had a much more modest set. i want to thank you for joining us each and every friday afternoon in making the show the success that it is. here's to another eight years. big week for birthdays around here. >> if options is about timing, think about '09. that's good timing. that was an absolute low. >> absolutely. >> we saw the absolute low a couple months after we got started. back in those days, general electric still owned the network. they were in deep trouble. they had the big financial thing. so did options volume, a lot of educational materials on the web. great stuff. >> it's been a great run. >> i'm melissa lee. thank you so much for watching. don't go anywhere. "mad money" starts right now. have a great long weekend. >> announcer: the following paid presentation for cooper chef is brought to you by tristar products incorporated. are your kitchen

i'm melissa lee. see you back next friday. don't go anywhere. "mad money" starts now.a great weekend. the followg is a paid advertisement for time life. who are you? what are all these people doing in my living room? (laughter) (announcer) he was america's clown prince. i'll never drink any more. i'll never drink any less but i'll never drink any more. (laughter) (announcer) his heart was pure gold. if i knew you better, i'd just give you a real big kiss. -i'm george. -i'm alice. (laughter) (upbeat swinging music) ♪

i'm andrew ross sorkin, along with joe kernen and melissa lee. how the markets closed out 2016. the dow was up 13.5%. the s&p 500 rose 9.5%. the nasdaq rose 7.5%. this is your home, we should say. >> it is the home of "fast money" happy to share it for the time being what a great back drop this is, right? do you like this? are you against change. >> i'm against change normally. but also trying to hear you. can i ask to hear you. yes, i think you can. >> normally

i'm melissa lee you're watching "fast money."n the meantime here's what else is coming up on fast. >> the u.s. currency has been the most attractive currency to be in for very long periods of time. i think that it's important and i think you see that now more than ever. >> so then why has president-elect trump talked down the dollar? we will break it down. plus -- >> no drugs, no alcohol, no cigarettes. >> and no wonder booze stocks have taken a beating in the trump era but now could be the time to take a sip and we'll explain why when "fast money" returns. iho evy ecer m r b b s ccarmat ch et eod, cr m r b b prno &emaat. s e.y i usade le.it's onmoevic,. eod, cr m r b b tndred aat. ae ows g q >>> we are live at the nasdaq markets. here's what's coming up. two big names ibm and american express reporting after-hours. amex lower. we'll find out what's got investors running from big blue. the conference call is underway. the very first ipo of the year happening tomorrow. we'll tell you why it is and why it can be the beginning of an

live overlooking times square, i'm melissa lee. your traders are on the desk. tonight, we have three major guests on tap. qvc of gilead will join us to talk about the huge move in biotech stocks this year. plus big banks could be in big trouble. and commodities king dennis gartman here to explain why one group of stocks are still rallying. but first we start off with the record highs and propelled by biotech up 8% more than double the gains in the health tech sector. that all as president-elect trump is pushing for a quick repeal of obamacare and republicans in the senate and house maneuver to make it a reality. so what is behind this move? is it too late to get in? >> no, i don't think it is. what is behind the move? what is behind the move is the fact that you haven't heard politicians now effectively talkingabout biotech talk about it the last month. it hasn't been steadfast on everybody's radar screen. so thousand people are lonow pe valuation and maybe the companies are not left to dead. ibb we talk about all the time. look at all through 2016, how many ti

i'm melissa lee. you're watching "fast money." first in business worldwide.n the meantime, here's what is coming up. >> here's what's happening to retail stocks of late. but there is an underlying reason the start buying now. plus, one group of stocks is suddenly looking a little vulnerable. and here's a little hint. and we'll tell you how they'll profit when "fast money" returns. >>> the dow 20 k for the first time. will it hold? >> they've been saying now is the time to put up or shut up for the markets. >> 13 out of 15 that i would buy. >> donald trump tweeted out this morning, great. dow 20,000. can trump keep it going? >>> retail stocks getting crushed on worries of a border tax. check out some of the dividends in some of these names. macy's and nordstrom have 5% dividend yield. is it time to guy dip in some of these high paying dividend retail stocks? >> i do believe it is the time to buy these stocks. first they are trade specific retail. who wants to be in a mall some people want to shop online. that's why you saw the results for amazon so stellar. wh

i'm melissa lee. thanks for watching tonight. for more "options action," check out our website. out our daily segment inside fast. we'll see you back here next friday. have a happy healthy safe new years 2017. >> on this episode of "secret lives of the super rich"... inside the $33-million hollywood hills mansion and the very provocative plan to find a buyer. >> let's be honest. sex sells. >> bespoke chariots... the one-of-a-kind motorcycle that cost half a million bucks. >> it's artwork. it's jewelry. you're not gonna build two bikes alike. >> fly the lavish skies that feature fancy bars, showers, and cost five figures for a one-way ticket. $55 million worth of floating luxury. >> that's the sizzle. >> all aboard the super-yacht where golfing is par for the course. check out the priciest part of this superexpensive new york city condo.

i'm andrew ross sorkin along with joe kernen and melissa lee.t this hour are looking up in a big way. i don't want to say big way. dow looks like it would open 30 points higher. the s&p 500 up about a point and a quarter. take a quick look at the ten year. we're at 2.381. finally a look at wti crude for those of you pumping your own gas this morning. if you want to buy a barrel, it it'll cost you 51.09. >> that's after a 2.2% decline in yesterday's session. in the green right now. >>> in the headlines, meantime, at this hour, the justice department has reportedly decided against bringing action against the u.s. airline industry. that's according to "the wall street journal." officials had been probing whether airlines colluded to control flight capacity and keep airfares high. >> and now nothing came of it. nothing came of it. remember when they started doing this? so annoying. so what was it all about? >> they needed to look at prices. there's a value in looking at how the marketplace is working or not working. we want the marketplace to work.

i'm melissa lee. thanks for watching "options action." check out be website and our daily section. you back here 5:30 eastern time. don't go anywhere. jim cramer "fast money" starts right now. >> announcer: the following program is a paid advertisement for the nuwave brio digital air fryer brought to you by nuwave, the makers of the nuwave oven pro and the nuwave precision induction cooktop. we all love fried food -- french fries, wings, onion rings, fried chicken -- but who wants to deal with the mess and added calories? deep-fried food has been linked to high cholesterol, heartburn, acid reflux, kidney problems, and even cancer and alzheimer's. now you can have all the fried food you love without the added fats and oil. introducing the revolutionary nuwave brio digital air fryer. the nuwave brio uses

i'm melissa lee. thanks for watching "options action."ck out the website optionsaction.cn optionsaction.cnbc.com. see you back here at 5:30 monday. a paid presentation for the abdoer 360 fitness system proudly brought to you by thane direct [ male announcer ] 20 years ago, millions of people in over 80 countries discovered a revolution that rocked the fitness world. one of the most successful tv fitness products ever became a worldwide phenomenon -- the abdoer. ♪ i love it! this is really a lot of fun. it feels really good. i never realized that a machine could work out your abdominals

i'm andrew ross sorkin, along with joe kernen and melissa lee.his is how the markets closed out 2016. the dow was up 13.5%. the s&p 500 rose 9.5%. the nasdaq rose 7.5%. this is your home, we should say. >> it is the home of "fast money" happy to share it for the time being what a great back drop this is, right? do you like this? are you against change. >> i'm against change normally. but also trying to hear you. can i ask to hear you. yes, i think you can. >> normally -- do you have anything? >> no, i know what you mean. >> we're all doing this together. coming together. >> it's cool. >> the lighting is great. everybody looks fantastic. >> it almost was worth moving here because you will not hear us clicking. >> yes. >> one of the great complaints we get is about the clicking on our keyboards. show the new keyboards. >> look at the letters on here. is this for me? huh? >> everybody has that. i don't wear -- i'm not far sighted. but thank you. whoa. >> it's a silicon overlay that makes it quiet. >> there, very smooth. >> are you worried they'll tr

i'm melissa lee along with michelle, tyler and brian.ll here two hours until the closing bell rings. >>> falling financials, morgan stanley down more than 3%, the sector was the worst performer today. goldman sachs or citi, what will they report tomorrow? >>> donald trump now, but is facebook mark zuckerberg planning a presidential run in the future? >>> and d.c.'s cover-up. a story you've got to hear. >>> let's check out the market movers at this hour, british american tobacco agreeing to pay in control of reynolds american. the deal a 25% premium to reynolds' share price the day before the 18th, initial proposal back in october. american 3% higher right now. walmart higher more than 2%, retail giant announcing it will create 10,000 u.s. jobs this year at 59 new store locations. brian? >> the week was not busy enough with the inauguration and world economic forum. also remember it's a big week for bank earnings. morgan stanley out today had a huge quarter. stock is not being rewarded today. goldman and citi group report tomorrow. morgan

i'm melissa lee. dow taking a bit of a breather after coming so close to that 20,000 mark late last week. nasdaq is the big market story at this hour as the index continues to hit record highs. apple is hitting a fresh two-year high as it celebrates the ten-year anniversary of the i-phone and strength in the chip stocks with nvidia and applied materials solidly in the green. >>> i'm tyler mathisen. welcome to "power lunch." here is what else is happening at this hour. hundreds of people expected to have to evacuate their homes as one of the worst flooding disasters in a decade hits parts of california and nevada. they're nahappy in snow country but lots of serious weather out there. u.s. war ship firing warning shot notice strait of hormuz after iranian vessels came within 100 yards of an american destroyer. thousands of london tube workers walking off the job as part of a union-led strike, up to 4.5 million commuters are impacted. there you see the lines and the traffic jam. bus twoi hours, folks, on

i'm melissa lee you're watching "fast money" first in business worldwide.ere's what's coming up on "fast." >>> did you see that? one of the reasons apple is the world's most valuable company and also the reason why you want to buy the stock right now. we'll explain. >>> plus the man, the myth, the legend, carl icahn. >> we're not worthy. we're not worthy. >> here exclusively to what he sees as the biggest risk to the market and he'll reveal what it is when "fast money" returns. >> what is this? unlistable. >> we'll be listening to kansas. >> what is this from? that would be good. ♪ ite uers ted t tde n vert ma's onmyillie kl mgncosiar ite uers ted t tde n vert ma's onmyillie hotool goneosiar hat??..gosev?? tde n vert ma's onmyillie ers e anbi.e ews.ololt neunmidat everhehoneneu'cohabe.d uleac doybcrim cssmft >>> welcome back to "fast money". we're live at the nasdaq markets for a very special tenth anniversary week. your ears are not deceiving you. that's the original "fast money" sound track in all of its glory. the song i play at home all time. it's guy's

we're live from the nasdaq market site, i'm andrew ross sorkin along with joe kernen and melissa leehanging out the last day before -- can i tease it? becky quick will be back tomorrow morning. >> she's clapping a little too much. a little too enthusiastic. >> we'll see if we want to clap about the u.s. equity futures. right now the dow will open higher by 26 1/2 points. the nasdaq about 5 1/2 points higher. s&p 500 up about a point. here's what's goi

i'm melissa lee. you're watching "fast money." in the meantime here's what else is coming up. >> you are fake news. >> carson block will way in. >> legendary peter teal has a simple message for apple investors, it's over. >> but kara swisher says there's something he might be overlooking. she'll be here to explain when "fast money" returns. l killosts irhe tokillosts urwha e od ]bu ♪ert r 95 ♪ >>> welcome back to "fast money." we are live at nasdaq in new york city times square. you're listening to one of my all time favorites, jams in the prompter, songs. original "fast money" theme song. very nice to hear. it was a stocks sold off but recovered most of those losses by the afternoon. the banks leading the way lower. here's what's cape maying up in the second half of the show. one of the biggest mergers could be in jeopardy. noted short seller carson block is targeting one area of the market that's overcrowded. could send ripples? the tek giant announcing it will be creating it's own video streaming content, peter teal told the "t

. >> i'm melissa lee. see you back here tomorrow at 5:00. enjoy the original music. "mad money" starts right now.5: more "fast." "mad money" starts 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 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. others are trying to make friends, i'm trying to make you money. call me, or tweet me @jimcramer. what if business is getting bet sn er? if something like a small business survey shows a remarkable return to optimism. the dow fell 32 points and the s&p ended flat. nasdaq climbed .36% to an all-time record high. every friday when i do my game plan, i try to find what good influence stocks and i like to highlight it for you. one of the things that hit my radar screen putting the plan together last week was something called the national federation of independent business survey of small business optimism. i was intrigued. i wonder what would happen if a real

melissa lee joins us with a look at what's coming up. good morning. >> good morning.ew year to you. you missed the fanfare yesterday with the unfailing of the new set of "squawk box." came on a great day since the dow rallied yesterday. we have blackstone's chairman with ten predictions for 2017, what he got right and wrong in 2016. and we have holman jenkins on what president-elect trump may do with the putin situation, and richard bernstein as guest host. so a loaded show for the second trading session. >> i'm excited to see that. >> wilfred will be here to experience the new set himself. >> looking forward to it greatly. we'll see you in about 40 minutes. everyone else will see you in 12 minutes for the start of "squawk box." still to come on "worldwide exchange," the march to dow 20,000. could we be back close to that again? we'll get insight on the markets and outlook for the year when art hogan joins us next. lyfers ÷ >>> welcome back to "worldwide exchange." a positive start to 2017. we got a percent of gains yesterday. called higher again today. much more mute

i'm melissa lee. dow and s&p having their best day in three weeks. we are just about seven points away from the s&p's record high. president trump signing an executive order giving the keystone pipeline the go ahead. we'll get those in a few minutes and home builders having a great day on upbeat earnings. take a look at this gain in shp. higher tan 2.7%. >> and another busy day at the white house. president trump meeting with all the auto executives, signing executive orders on the trans-canada and dakota pipelines and this afternoon will meet with senate leaders, including majority leader mitch mcconnell. aemon javers is standing by where the president has been extre extremely busy all day. >> trio of big three auto remaker remakers. >> it's the long-term jobs we're looking for. we're bringing manufacturing back to the united states big league, reducing taxes, very substantially, and reducing unnecessary regulations. >> and, as you say, the president also signed those five executive orders today, using the power of the presidential pen. let me walk

. >> i'm melissa lee live, it is a sea of red in retail after the first read on holiday sales sorely disappoint. retail analysts warned you about this, and we are live straight ahead. >> i'm michelle caruso-cabrera. the dow now low 80 points, and nasdaq and s&p lower, too. we'll go inside the numbers coming up. >>> i'm tyler mathisen. wall street watching washington

at y uauaac dore at y 't >>> i want to wish a happy 10th anniversary to melissa lee and the fabulousfast money." wow, what a run. >>> i like to say there's always a bull market somewhere. i promise to try to find it just for you right here on "mad money." i'm jim cramer. see you tomorrow. -smells great. -...digging ditches... -(grunts) -mcgraw: it's all in a day's work... when you're a millionaire. -(theme music playing) -mcgraw: these folks invest in hedge trimmers, not hedge funds. they turn diy into roi, and thanks to hard work, incredible passion, and a whole lot of mud, sweat and tears, they turned their dirty jobs into filthy riches. -time to go make some money! -(honks) -mcgraw: tonight, meet a grade-school dropout who sold so much flooring, his net worth has gone through the roof, a die-hard dredger who turns mud into millions, and a demolition diva whose passion for pink has her seeing green.

. >>> i'm melissa lee. here is what's on our radar right now. president trump gets back to business, signing executive order to cut regulation after meeting with the host of small business owners. we're live at the white house straight ahead. >>> wall street is getting hammered with stocks having their worst day of the year. is the president putting fear back into the markets? we're minutes away from white house press secretary sean spicer taking the podium in the briefing room. his comments could move these jittery markets. we'll bring you there live. "power lunch" starts right now. >> i'm brian sullivan. as melissa noted, worst day of the year so far for the dow. down 175 points right now. the immigration order getting all the headlines. keep in mind, it is the commodity sensitive names, chevron, caterpillar, dupont leading the dow lower. oil-related stocks are down across the board. we'll dig in a little deeper. michelle? >>> welcome, everyone. i'm michelle caruso-ka brara. this is what wall street woke up to, border war, travel ban sets off

. >> i'm melissa lee. mad don't go anywhere. "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 just trying to make you some money. my job is not just to entertain but to educate you. so call me at 1-800-743-cnbc or tweet me @jimcramer. good. good, we're getting it over with. let's just get this selloff rolling in order to put an end to the endless freak-out that has so many investors worried that this whole rally is nothing more than a sugar high, and now we're about to swoon like a child who's had too much candy and needs to crash on the couch until you lift them to beddy bye. dow seeking 72 points. s&p backsliding 0.32%. nasdaq declining 0.2%. am i being too sanguine? too glib? i don't think so. i for one am tired of having to hear

. >>> i'm melissa lee. fear on the street, second straight day of triple-digit losses for the dow.ary sell-off coming? >>> brutal earnings some stocks big league, under armor, u.p.s., just to name a few. bad news after the bell? president trump meeting with ceos, lowering drug prices what's ahead for the sector? and pro-business policy with his protectionist stance. "power lunch" starts right now.

. >>> i'm melissa lee. here is what's on our radar right now.dent trump gets back to business, signing executive order to cut regulation after meeting with the host of small business owners. we're live at the white house straight ahead. >>> wall street is getting hammered with stocks having their worst day of the year. is the president putting fear back into the markets? we're minutes away from white house press secretary sean spicer taking the podium in the briefing room. his comments could move these jittery markets. we'll bring you there live. "power lunch" starts right now.

melissa lee is letting us use her brand new set. >> you're welcome. >> she's here though. you. and wilfried frost. who's jealous of the set. happy one year anniversary. >> that was good to see. many more, many more. >> i hope so. it's been a fun year. >> i know "squawk box" celebrated 20 years, but one year is good. >> we're celebrating ten next week. >> also, joe, i'm only 31. >> oh. >> and 6'5". >> good for you, will. >> and single. but that's fine. there's a lot of great -- having a family is better than anything. believe me. >> i know. plenty of time. >> yeah, you got plenty of time. >> look at tony randall. >> the old man got married at 44. plenty of time. >> exactly. slow down. knowing you, slow down. god almighty. thank god you got that early wake-up call. >>> our guest host this morning, richard bernstein, ceo of richard bernstein advisers. the futures right now are -- there's buying again. a little bit. now we're up 21, 119 points of buying pressure yesterday in the dow. indicated up another 21. today we need about 100 more on top of that to get to 20,000. the s&p

i'm joe kernen along with melissa lee and andrew ross sorkin. chair at 5:00. >> this is my precise chair, my precise position. i will just stay here all day long. >> you don't need to move. >> keep the seat warm. >> you're just going to be here all day and night. david blaine. >> do you see the latest thing, he was trying to catch a bullet in his mouth. >> he has a cup thing that he puts in his mouth so the bullet doesn't go -- apparently the thing behind broke. it didn't work. he thought that he -- he literally felt it in his throat. >> how do you practice? >> it was on abc. >> it didn't really happen. >> no, it happened. >> if it didn't happen on nbc, it didn't happen. >> that's one way to think about it. >> the futures right now are indicated up six points on the dow, if you're keeping track. actually, now one point on the s&p. up a point and a half on the nasdaq. treasury yields moderated again. 2.37i 2.37 earlier which i checked. if i understood that, maybe i wouldn't be here. supposed to be going up. it's not. let's look at oil prices. 52

melissa lee, back to you. >> rick santelli, thank you. >>> ibm shares, and big blue's big turn around straight ahead. m ia toatstisy kekey,itilo. ce riru ?alorms llr est al.tefolmonarhy aur lpht nsn d nc toatstisy kekey,itilo. ce riru an erectllr est al.tefolmonarhy rehan ur drererealalisant ca asyourocal >>> hi, everybody. i'm sue herrera. crews are working in front of the u.s. capitol ahead of next week's inauguration. a briefing regarding security at the event, homeland security. >> we, therefore, have done a lot to plan for public safety and security of these events to be on guard against acts of violence, demonstrations that get out of hand and to provide for a safe and secure presidential inauguration. >> heavy winter weather across oregon contributing to a train derailment in portland. a buildup of ice on the tracks causing a commuter train to derail. no reports of injuries. >>> and the green bay packers will be without one of their most valuable players when they play the dallas cowboys on sunday. wide receiver jordy nelson has been ruled out of the game with fractured ribs. h

i'm melissa lee. hitting the skids once again. we were within 62 points of the milestone. the dow is now more than 200 points away with a gain of about 29 points right now. energy making a huge about face. crude oil now negative, after hitting a six-month high. nat gas is having its worst day since february 2014. tyler? >> thank you. i'm tyler mathisen. at this hour construction spending jumping to a 10 1/2 year high, gains in public and private sector investment. meantime u.s. manufacturing activity expands in december. ism index posting its fourth straight monthly gain and big cold blast pushing across a big part of the united states. northern plains, rockies could see temperatures 40 degrees colder than normal. we begin today, though, with two big developing stories in the auto world. ford now canceling plans to build a $1.6 billion plant in mexico. this comes just hours after president-elect donald trump blasted general motors for its imports from mexico. phil lebeau following both these stories joins us now from chicago. phil? >> for months ford said no way, we're not

i'm melissa lee. stocks holding in the green for the second day after the best day of the three indexes in three months. last time the dow kicked off a new year with back-to-back gains, 2006, brian. >> pretty cool stat there. investigators are looking into the cause of a serious long island railroad derailment in new york city earlier today. more than 100 people were injured. >>> meantime parts of the south are still cleaning up after a string of deadly tornadoes ripped across the alabama coast. >> and mortgage applications tumbling a full 12% last week. refinancings were the bulk of that. release the latest fed meeting minutes were out in just under one hour from now. we begin with the markets and this seemingly internal hunt for dow 20,000. i love melissa's stat about the first back-to-back gains to start the new year, bob. but is anybody buying into this? >> yes, they are. let's look at the dow movers today, brian. buy the losers and sell the winners at the beginning of the year. they're buying eve

. >>> i'm melissa lee. fear on the street, second straight day of triple-digit losses for the dow. february sell-off coming? >>> brutal earnings some stocks big league, under armor, u.p.s., just to name a few. bad news after the bell? president trump meeting with ceos, lowering drug prices what's ahead for the sector? and pro-business policy with his protectionist stance. "power lunch" starts right now. >>> dow dropping triple digits once again. we are down 137 points. close to losing our gains for the year. s&p 500 lower for the fourth straight day. industrials and tech are your biggest laggards. transports taking a big group, on pace for its worst day since september. not everybody is losing money. you've invested in gold and oil, they are higher. here is the question. is it trump tremors that are really sending stocks lower? maybe not. melissa highlighted under armour, u.p.s., exxonmobil, harley davidson. none of those moves, by the way, tyler, related to the political environment. >> specific to the individual businesses. welcome, everybody. i'm tyler mathisen. straight to bob

i'm melissa lee. here is your sign of the day. s&p 500 has not moved up or down more than 1% since october 11th, brian. >> here is what else is happening at this hour, home buyers are mildly less confident than they have been, the latest figure showing a drop down from an 11-year high. mortgage applications rising again last week. they rose just under 1%. that was mostly driven by refis, people rushing to lock in as rates continue to rise. also rising, consumer prices. overall, jumping .3%, mostly driven by higher gas prices. do take note that final reading for the year showing inflation for everything for the year grew at its fastest pace in five years. tyler? >> thank you very much, brian. i'm tyler mathisen. welcome to "power lunch." busy on wall street, busy in washington between inauguration preparations, confirmation hearings and president obama's final news conference which we expect to take place during our second hour. let's kick things off right away with john harwood in washington, d.c. >> 42 hours to the inauguration a

. >> i'm melissa lee live, it is a sea of red in retail after the first read on holiday sales sorely disappoint. retail analysts warned you about this, and we are live straight ahead. >> i'm michelle caruso-cabrera. the dow now low 80 points, and nasdaq and s&p lower, too. we'll go inside the numbers coming up. >>> i'm tyler mathisen. wall street watching washington today, that building particularly as congress holds intel briefings and hearings to signer threats to america, obamacare front and center too. live report soon. >> i'm brian sullivan here in florida at the global energy conference with a huge show focused on oil and energy for you. the ceos of patterson uti, they have a good view where we are going, a huge canadian company in oil sands, talking pipelines, and the energy analyst with his favorite stock pick in oil and gas. it is a huge two hours." power lunch" starts right now. >>> brian sullivan so smart. orlando in january. welcome to "power lunch," dow in the rearview mirror at least for today. bob is on the floor, bob, okay, retail is bad, but yobeyond tha? >> oil and

i'm brian sullivan along with melissa lee and michelle caruso-cabrera.yler mathisen is at morningstar. what we're watching this hour, making history. the dow hitting 20,000 for the first time ever. you might say it looks like we made it. we are waiting for comments from president trump at the department of homeland security and we'll take those as soon as he begins speaking. >> let's check out some of the movers right now on this historic trading day. 80 companies in the s&p 500 hitting highs along with the index. rockwell, csx, allstate and citizens financial, going back to their ipos. nasdaq at record highs and seagate is leading the charge. it was a leader in yesterday's session on its path to a record high. much higher today, by about 17%. western dig, intuitive surgical and vertexpharma. brinker international, chili's restaurant chain, that stock is down 6.5% after missing earnings estimates and cutting its guidance. of course, we're talking about 20k so much but it is worth noting nasdaq had a new record, s&p at a new record. trifecta of new record

our melissa lee joins us for what's in store for this ten year anniversary. >> we're kicking off thet decade with a jam packed roster of very special guests. we kick it off with carl icahn. an early "fast money" guest. he had one of these activists wars. he'll join us tonight. former ceo of viacom along with the ceo of vice. and, of course, the biggest "fast money" fan out there besides my mother is regis philbin. we have a lot going on. >> i feel like you should get a vacation or something. this sounds like a lot of work these ten year anniversaries. but congratulations. huge congratulations. quite an achievement. >> thank you very much. >> we'll see all of you including the original guy adami. >> he's getting ready. >> i thought i saw a sleeve. the sleeve was in the shot. >> sleeve is on site. >> we'll see you guys soon. congratulations again. >>> we have a news alert on president-elect donald trump secretary of state designation rex tillerson. >> "usa today" posting a story that's likely to get some attention this week in the run up to rex tillerson's confirmation hearing to senat

i'm melissa lee. michelle is at the white house. two hours until the closing bell.ar of words between the u.s. and mexico, tension on both sides of the border. president trump saying mexico has beat us to a pulp on trade and that he is going to renegotiate our deals. former mexico president saying the u.s. produces cars at a high price and mediocre quality. says that is why ford, chrysler gm went broke. >>> and apple and amazon set to report earnings next week. the exbest stocks to buy. >> let's check out moovs. you have chevron biggest drag on the dow. revenue coming in a bit light and added 15 more oil rigs last week. >>> colgate shares falling. consumer products giant blaming stronger u.s. dollar. the other way gamble up, wynn resorts up 8%. revenue beat thanks to strong results. >> the major averages lower but the trump rally pushed markets to all-time highs which brings us to the trade battle. how does this trade impact investors? let's bring in cnbc contributor. also with us portfolio manager of the five star rated global value fund. good to have you with us.

live overlooking times square, i'm melissa lee. your traders are on the desk.hree major guests on tap. qvc of gilead will join us to talk about the huge move in biotech stocks this year. plus big banks could be in big trouble. and

i'm melissa lee. the record rally rolling on. the dow, s&p and nasdaq, transports all hitting record highs in today's session although we're take a bit of a pause right now. sps and nasdaq just off the highs. if the dow holds at this level it would be posting its first three-day winning streak of the year. >> i'm brian sullivan along with michelle caruso-cabrera. know what's not hitting records? the mexico etf. the eww. that is falling hard on the news out in the past hour or so the mexican president will cancel his planned working group meeting with president trump that eww down 2.3%. >> that meeting was supposed to happen on tuesday. we are also awaiting president trump. he's about to speak in philadelphia. the big republican retreat. we will bring it to you when he begins. it's going to be the first we hear from him after the news that the president of mexico is not coming. in the meantime let's get to cnbc's eamon javers who's at the white house. >> hi, michelle. president trum as you guys have been saying did leave the white

i'm melissa lee in hollywood, florida, at the etf conference. bob pichlt sani joins me now. biggest thing now is something trump related. >> every single question was on trump etfs. what is the trump effect on the markets overall? a lot of people trying to construct portfolios of etfs, construction etfs, financial etfs or short trump etfs, short the dollar, clean energy, for example. >> those etfs, it's not clear whether you would be long or short, let's say, a defense etf, given the day's tweets. >> tweet risk is amazing. a lot of people were playing ideas like oil and gas. for example, if mr. trump was making positive comments on the restaurant industry one afternoon, there was an etf for that. people were urging investors to be a lot more nimble. active versus passive? is this a year where active etfs might be big, for example, in fixed income? would this be a good year to do that? maybe you want a guy who will move you into cash. >> speaking of fixed income, let's bring in karen schiavone at blackrock. thanks for joining us. >> absolutely. thanks for having me. >> you th

i'm joined by bob pisani, steve liesman, brian sullivan and melissa lee.d celebration across the country. we've seen both sides, i would say, lady and gentleman of the president today, pugnacious donald trump, who we got familiar with on the campaign trail and during the signing ceremony a few moments ago, we saw the dad, the grandfather, laughing, charismatic, sometimes funny donald trump. thoughts? >> what surprised me was the lack of details on what we are following here, which is tax cuts and infrastructure. the market has been looking for some kind of direction, some kind of guidance. he did not provide it. i thought he was quite strong on protectionism. we must protect ourselves from countries that are stealing our companies and destroying our jobs. rather strong language. you look for the markets here, defense stocks actually dropped a little bit on this infrastructure stocks that should have rallied actually dropped. the market didn't hear much in terms of the further guidance that this wanted. >> infrastructure stocks are still doing well. you loo

melissa: what do you think? >> i think what's really interesting is the two weeks after the election basic lee did with the fed could do in for five years. melissa: isn't that interesting? >> it breaks even. the week following the election was dramatic by historical measures that gave us a clear path to keep raising rates. melissa: there's an argument that the government can't control the economy they -- the way they like to produce on the weeks after the election that the government couldn't do and in all that time, what the fed can do. what do you think? >> emergency levels for longtime mccain leading massive assets. if you look at the banks they accumulated assets with no exit strategy. there is no strategy to get out so to me there was a lot of uncertainty in the market. melissa: you guys are so smart. gary: we are going to talk about how we make money in the bob barker because a lot of people say you can't make money in the bond market and these guys will cause how you can after the break. stay right there, "wall street week" we'll be right back. coming up the bond massacre of 1994 might be overshadowed if one

that people like dennis mcdonough and susan rice and jennifer saki, melissa alanne, jesse lee and codyand ben rhodes. i have been able to do this job because i have an incredible team around me. my assistants, ben tiller, and now desiree barnes all patiently supported a guy who, let's face it, sometimes isn't so easy to assist. the white house stenographers, dominique danske barry, amy sands, caitlyn young, and their tireless leader peggy suntom. they work as hard as anybody at the white house and complain about it less than anybody at the white house. [ applause ] >> applause is appropriate at that point. i think the only team that may contend with it might be the research department here at the white house that's led by alex plotkin and kristen baraloni. i hope you'll get a chance over the course of the next week to thank the stenographers for her important work. i know they make your lives a lot easier too. the same goes for peter bells, brian gabe yell and sarah rutherford who are stretched as thin and are effect ti as any team of press wranglers we've ever had. ned price, carl woo

melissa: what do you think? >> i think what's really interesting is the two weeks after the election basic lee did with the fed could do in for five years. melissa: isn't that interesting? >> it breaks even. the week following the election was dramatic by historical measures that gave us a clear path to keep raising rates. melissa: there's an argument that the government can't control the economy they -- the way they like to produce on the weeks after the election that the government couldn't do and in all that time, what the fed can do. what do you think? >> emergency levels for longtime mccain leading massive assets. if you look at the banks they accumulated assets with no exit strategy. there is no strategy to get out so to me there was a lot of uncertainty in the market. melissa: you guys are so smart. gary: we are going to talk about how we make money in the bob barker because a lot of people say you can't make money in the bond market and these guys will cause how you can after the break. stay right there, "wall street week" we'll be right back. coming up the bond massacre of 1994 might be overshadowed if one

[closing bell rings] as closing bell rings we want to thank bill lee of citigroup. david and melissa bell." excited to see this concert, guys. melissa: absolutely. the dow well off session lows. the nasdaq lower and subpoena 500 as well. i'm melissa francis. david: i'm david asman. so glad you could join us. this is "after the bell." we're watching a lot of big events at this hour. let's go through the list. president-elect donald trump, of course he will be president trump in just 20 hours. he is in d.c. attending a full slate of events including lunch with his potential cabinet this afternoon. some funny things happened there. the first event of the inauguration just took place. a very somber replaying in arlington national cemetery at the tomb of the unknown soldier with vice president-elect mike

[closing bell rings] as closing bell rings we want to thank bill lee of citigroup. david and melissa for "after the bell." excited to see this concert, guys. melissa: absolutely. the dow well off session lows. the nasdaq lower and subpoena 500 as well. i'm melissa francis. david: i'm david asman. so glad you could join us. this is "after the bell." we're watching a lot of big events at this hour. let's go through the list. president-elect donald trump, of course he will be president trump in just 20 hours. he is in d.c. attending a full slate of events including lunch with his potential cabinet this afternoon. some funny things happened there. the first event of the inauguration just took place. a very somber replaying in arlington national cemetery at the tomb of the unknown soldier with vice president-elect mike pence. a welcoming concert, very different kind of event at lincoln memorial. sam and dave, well, sam moore will be there. president-elect addressed supporters who gathered ahead of tomorrow's historic nomination. we'll take you there the moment the president arrives. melis