i'm melissa lee. you're watching "fast money.what else is coming up on fast >> tech stocks leading the rest of the market in the dust this week and traders in the space could be a bigger winner next week plus, it's hot out there yes, that hot but the traders are here to help you beat the heat with four stocks that ll me urwiakyo portfolio sizzle much more right after the break. your brain is an amazing thing. but as you get older, it naturally begins to change, causing a lack of sharpness, or even trouble with recall. thankfully, the breakthrough in prevagen helps your brain and actually improves memory. the secret is an ingredient originally discovered... in jellyfish. in clinical trials, prevagen has been shown to improve short-term memory. prevagen. the name to remember. >>> a long time friend of cnbc, he was named director of communications at the white house, which was followed by the resignation of sean spicer amonoh >> sean spicer resigning in frusation today after being overruled on the hiring of anthony, who comes in as

. >> "fast money" starts now live from the nasdaq market side, i'm melissa lee. your traders on the desk are -- the ten-year yield -- the chart masters said rates are about to come crashing down to earth. plus, you'll never guess which commodity will be worthless in the next 20 years. it's a controversial call and andrew left has been wrong and tesla until this morning and now, he says today's sell off in the giant is just the start of more pain. he tells us where he thinks the stock is going that's where we start on tesla slam iming the breaks as it stas to ramp up its model 3 production having its worst day in a year and now, nearing bear market territory. a number of factors weighing on the stock. >> one of the sectors -- for tesla, the thu target is is. but here's part of the reason. they're questioning whether or not we are seeing plateauing in terms of demand. currently out there for sale, 22,100 in the second quarter it breaks down more model s than x, but goldman says that is a sind of what we have seen for four quarters in a row of sales between 22 and 2

i'm melissa lee. you're watching "fast money" on cnbc first in business worldwide. in the meantime, here's what else is coming up on "fast." >>> tempted to buy apple ahead of tomorrow's earnings report? well, a top technician says there's something wrong in the charts he'll be here to explain. >>> plus, reviews are in for the tesla 3 and they're amazing, but guy adami has devised the ultite tt.maes he'll tell you what that is when "fast money" returns approaching medicare eligibility? don't put off checking out your medicare options until 65. now is a good time to get the ball rolling. medicare only covers about eighty percent of part b medical costs. the rest is up to you. that's where aarp medicare supplement insurance plans insured by unitedhealthcare insurance company come in. like all standardized medicare supplement insurance plans, they could help save you in out-of-pocket medical costs. taking informed steps really makes a difference later. that's what it means to go long™. call now and request this free decision guide and explore the range of aarp medicare

we'll tell you what's driving the tech giant later this hour i'm melissa lee.'re watching "fast money" on cnbc first be business worldwide. in the meantime, here's what's coming up on fast. . >> everybody loves seabiscuit -- >> rocky. >> the chart master tells us why he's betting on a comeback and the best way to play it. >> plus -- ♪ why woncan't we be friends ♪ >> washington, d.c., found somethinitou aeeg cldgr on but could spell trouble for one group of stocks. we'll explain. much more "mast funfast money" ahead. when this bell rings... ...it starts a chain reaction... ...that's heard throughout the connected business world. at&t network security helps protect business, from the largest financial markets to the smallest transactions, by sensing cyber-attacks in near real time and automatically deploying countermeasures. keeping the world of business connected and protected. that's the power of and. [car tires screech] [bell rings] i put everything into my business. and i had all these points from my chase ink card. so i bought ingredients, utensils, even mad

i'm melissa lee. you're watching "fast money. in the meantime, here's what else is cominge ining up on "fa. >>> amazon is crushing the competition. don't worry, if your portfolio is feeling the heat, the traders have four stocks they're calling amazon proof. >>> plus -- >> show me the money >> that's what nelson peltz is saying as he takes on procter & gamble should you be following into the 'vtivist's footsteps wee got a special report much more "fast money" still ahead. when this bell rings... ...it starts a chain reaction... ...that's heard throughout the connected business world. at&t network security helps protect business, from the largest financial markets to the smallest transactions, by sensing cyber-attacks in near real time and automatically deploying countermeasures. keeping the world of business connected and protected. that's the power of and. (slow jazz music) ♪ fly me to the moon ♪ and let me play (bell ring) your bbut as you get older,ing. it naturally begins to change, causing a lack of sharpness, or even troubl

>> i'm melissa lee thanks for watching. see you back here tomorrow at 5:00 for more "fast money. in the meantime, "mad money" with jim cramer starts right now. "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 and teach you so call me at 1-800-743-cnbc or tweet me @jimcramer. does anyone mind if we give some top notch ceos the benefit of the doubt in

now live from the nasdaq market site overlooking new york's times square i'm scott wapner in for melissa lee. our traders are -- tonight, t a snape disaster shares of the social media company sinking after one of its lead underwriters turns on the stock. how low can it go? plus, prime day in full swing. we'll have a special report and later, terry simpson is here with a contrarian market call that is sure to have all of wall street talking but first, we start with another day and another trump rally tantrum. the dow and s&p taking a midday dive dow singing more than 100 points this is donald trump jr. tweeted out screen shots of e-mails s setting up a meeting with the russian lawyer the fear though quickly displaced and this is what we've seen all year long during these trump related sell offs. and the revelation of those comey memos. stocks have always come back and then some. so with the rally remaining resilient, the is trump drama not a risk to the market do you keep buying these tantrums >> you know what, yes, is the short answer because that's to your point, you talk everything through

. >>> i'm melissa lee. have a great weekend have a great weekend and we'll see you back here next friday. - [announcer] the following is a paid presentation from worx. (dramatic music) nothing offends these members of the mount parnassus garden club than a neglected lawn and they're here to do something about it. their weapon of choice, the all new worx gt2.0. the next generation lithium battery powered 211 trimmer and edger that means business.

from the nasdaq market side overlooking new york's time square i'm michelle caruso-cabrera in for melissa lee. our traders on deck -- tonight on fast, amazon takeover rages on there's a new report that says the number of prime numbers in the u.s. is surging, but how real are those we'll break it down with skeptics, plus, metals gone wild gold, silver copper getting crushed, but traders think the bottom might be in we'll explain then later, nap chat hovering on its ipo price, but investors are working on a key date that happens at the end of the month that could spell more pain. we'll tell you what that is. first though, we're going to start with what looks like stock heaven today's jobs numbers coming in this morning, stronger than expecteded a sign of perhaps a strengthening economy. interest rates, they rose sharply this week, but still, they're low. oil's hovering around $45. that keeps energy costs low for the consumer and a strong earnings season is predicted just around the corner so, is this stock heaven why isn't this rally getting more respect with all those good factors? tim. >> mic

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i'm melissa lee along with joe kern an and wilfred frost.ike we'll have a positive open. the dow extending its record-high close. looking at 22 points at the open the nasdaq on the longest winning streak since may, looking at about 22, s&p up 3.5 this morning shares of target are higher. the company says second quarter earnings will come in at the higher end of its prior guidance and comp store sales will be positive customers are responding positively to changes that target has implemented those shares are up by about 4.3% another premarket winner yandex. it will be combining its ride-sharing services with those of uber in russia and surrounding countries. it also specializes in mapping, search and navigation technology those shares popping 15%. >>> investors will look at two key economic reports weekly initial jobless claims as well as june producer price index. claims are expected to be down slight slee while the ppi is expected to be unchanged for the month. >>> delta airlines releasing quarterly results and this must be important becaus

kelly, thank you so much i'm brian sullivan, hosting "fast money" in for melissa lee. obviously, we have some big, breaking developments out of washington, d.c. as you just heard the news, we are seeing reince priebus out as chief of staff john f. kelly is in as chief of staff. this just coming down literally moments ago. we've got a great group of traders here tim, steve, david, and dan are your team today. we'll talk about the market impacts from the d.c. dysfunction and also this breaking news in just a moment but let us go back now to get more detail, if you're just joining us, ylan mui in washington, covering this breaking development ylan >> obviously, this is a big shake up at the white house. here are the tweets that donald trump put out. he said that john f. kelly will now be white house chief of staff. he called him a great american and a great leader he also said he has done a spectacular job at homeland security and he has been a true star of my administration. now, one interesting question in all of this will be how kelly will be able to handle what is cle

we're live at the nasdaq market site in times square i'm andrew ross sorkin, along with joe kernen, melissa lees hang out with us deal news, discovery communications reportedly in merger talks with scripps networks terms of the deal not immediately known. while there is no guarantee the two will reach an agreement, both stocks are moving higher on the news the two companies broke off previous merger talks in 2014. decemb december k putting together two companies that in terms of programming are similar. it's not like we're going from one network that does reality or that type of programming to sports or lots of scripted work or whatnot this is putting those two things together the question is are you better off putting those two together or in this new age of media trying to go into scripted gore into a premium thing >> scripted. >> scripted. >> but this has been bandied about. >> for a long time >> they were two sort of -- they're not like outliers that deserve to get together. if it was going to happen, would put these together for scale >> that's where the synergistic value is some analysts

. >> i'm melissa lee so long summer recess. the president turning up the heat on senators right now in a lunch meeting with them. the details straight ahead >>> higher highs, nasdaq and dow setting new records. >>> plus, man versus machine health care. the surgeon who is using robots in the operating room. "power lunch" starts right now >> we begin in the nation's capital. happening right now, president trump giving senators both a prep talk and beattodown, too, r not getting the health care over the finish lime. eamon javers is at the white house. eamon. >> reporter: that's right. i can tell you that we know some of what he has said to these republican senators. he's gathering them here to talk about ways forward on the obamacare repeal and replace effort which was all but dead earlier this week. today the president says he wants to continue to push forward. he says ultimately that we have no choice. we have to repeal and replace obamacare. the best option is repeal and replace even though the president suggested early that ma

. >>> i'm melissa lee. jared kushner at the white house about to make a statement act his meeting and his sbrabs with russians during the election campaign as leaders of the democratic party get ready in just moments from now to lay out what they're calling their better deal agenda is it the right deal to get the economy a boost? >>> the car cartel, reports saying germany's three biggest automakers have been colluded for years. antitrust regulators now investigating what this could mean for the industry. "power lunch" starts right now welcome to "power lunch. i'm michelle caruso-cabrera. the major averages are lower kicking off the busiest week for earnings but the s&p tracking for its best monthly gain since february the nasdaq was on track -- right here, yes. best month since january oil pushing higher, crude prices up more than 1%. we keep show l we'll get to that. financials carving out small gains, utilities and health care lagging, j&j, home depot, the biggest losers in the dow right now. some of the

. >> i'm melissa lee here's what's on the menu. the gop abandoning the senate health care plan and the repeal to replace is dead, too. insurers on edge, markets are slipping and the president just sounded off and the unfolding details on this d.c. drama straight ahead shares of goldman sachs getting hit hard after reporting their worst quarter ever for commodities training and we'll go inside those numbers and from the milken boom and the burger wars, a full plate of issues on the food menu. we'll dive right in with restauranteur danny meyer. belly up to the bar. "power lunch" starts right now ♪ ♪ >> where are the drinks? i'm ready. welcome to "power lunch," i'm michelle caruso-cabrera. you can see the dow is lower by 91 points and the nasdaq is managing in positive territory, goldman sachs and united health are weighing on the dow following their ownerings and those two stocks are responsible for more than 50 point in th dow's near triple-digit decline. on the flipside, as i mentioned, netflix is up more than 10%ity hitting all-ti

we're live at the nasdaq market site in times square i'm andrew ross sorkin, along with joe kernen, melissa lee deal news, discovery communications reportedly in merger talks with scripps networks terms of the deal not immediately known. while there is no guarantee the two will reach an agreement, both stocks are moving higher on the news the two companies broke off previous merger talks in

. >>> that's it for us "power" starts right now >>> i'm melissa lee. the menu president trump swearing in retired general kelly as his new chief of staff can he bring a bit of that military discipline to the trump agenda we'll debate that. discovery and scripps announcing their $12 billion tie-up does this mean we can look forward to shows like "deadliest iron chef," "fast and loud tiny homes," or maybe a new offering "flip or fn"

live from the nasdaq marketsite in times square i'm joe kernen along with andrew ross sorkin, and melissa lees right now have been i'm afraid to say it under water now with melissa here. she can't swim >> no causality. >> there's -- huh? the futures are under water, drowning, down not much. almost three points on the s&p, 28 on the dow jones. and the nasdaq down about 9. big week for earnings. almost 200 s&p 500, 180 of them. there's crude. about 95 this morning. >> sink and swimming and it was shark week last week i don't know what you would have done with the water then >> well, nobody -- i mean i think that i would have just as likely, you know, likelihood of me surviving shark week in with the sharks is just as good as somebody who could swim. you probably won't yut swim the shark. >> it won't matter if there's a shark nado anyway. >> you could be on land. the shark could come in. >> let's get you caught up by the way, melissa lee can't swim >> stop it -- >> if you're just arriving with the program right now. that's the big breaking news >> remind me to never share with you guys again las

i'm melissa lee. all three indices are hitting record highs dow is up by 93 points s&p up by 1.5.asdaq adding about 9 here we should note that the strength of boeing leading the dow and accounting for 120 points, hitting an all-time high, it's boeing best day since 2009 this comes on the back of very strong earnings. at&t posting strong gains following positive results amazon, expedia and akamai at a low and ibm at a six-year low. brian? >> the markets and the fed are where we begin today the fed is expected to leave things unchanged how hawkish is the key for you and your money as president trump tells "the wall street journal" that he hopes chair janet yellen will keep stocks low for the foreseeable future stocks once again are higher steve liesman following the action in d.c. and bob pisani tracking the markets at the nyse is this all about balance sheet reduction conversation or do rates still matter >> you've got that right there is a slight, brian, chance of a surprise this afternoon if the fed were to announce reducing the balance sheet now rather than in september as expec

i'm melissa lee along with joe kernen, becky and andrew ross sorkin are off a check of u.s. equity futures and how we're poised to open this first full session of the week nasdaq lodown about 24 points s&p down about 1, dow jones up about 13 we have a mixed bag in europe. the dax and cac up marginally, the ftse, italy and spain down by a fraction of a percent crude oil, this is the one we've been watching very, very closely. we have wti down by 1.6% brent it down by 1.5%. this is quite a rebound from the lows back in june. we are up by 12% from june 21st lows so staggering move in just a short amount of time >>> weird. weird to see the dow so strong and the nasdaq so weak that's been happening more the nasdaq had been stronger on a relative basis -- >> then the rotation happened. >> i don't know what it means. maybe it's healthy this is scary and not healthy. maybe the meeting is good, but the reason for it frightening. the u.s. requesting an emergency u.n. security council meeting today after north korea tested an intercontinental ballistic missile. the missile could put al

i'm melissa lee along with joe kernen, becky and andrew ross sorkin are off a check of u.s.futures and how we're poised to open this first full session of the week nasdaq lodown about 24 points s&p down about 1, dow jones up about 13 we have a mixed bag in europe. the dax and cac up marginally, the ftse

live from the nasdaq markets i'm melissa lee. former pimco ceo and chief economic adviser mohamed elevator-erian is here a about yoburrito blow-out and moments ago ibm, united airlines, csx all on the move. we'll bring you the very latest. first we start off with a battle for the ages netflix soaring to an all time high after an earnings report. facebook and amazon trading at an all time high very different story for bank stocks goldman sachs and bank of america following the foot steps of their peers and dropping. the question is do you buy this dip in the bank stocks or stick with the winners which is tech stocks >> i think you have to -- where your looking year-to-date or one year performance? that tells a bigger story that we're looking at right now if you look at tech, obviously the runaway leader if you look at financials versus tech on a year ago basis financials are up 32%. i don't think anybody knows they beat tech on a year ago basis because of the pop coming out of the election so it's not as if they really lagged fms,

overlooking times square, i'm melissa lee. your traders on the desk are -- tonight on fast, nasdaq on a nine-day wibing streak at record highs. and the man who called last month's pullback in the sector is back with a bold, new call. plus, hedge fund managers are having a dpogood year. we'll tell you how he's putting his money where his mouth is and later, a number of big names reporting afterhours all on the move as those conference calls are underway. we'll bring you the latest details throughout the hour, but first, we start off with the markets, a record for everything the dow, s&p, russell 2000, closing at all time highs. the dow posting at 26 record closing of the year. check out the names. not just the fang stocks price line, boeing, honey well, dupont, all hitting record highs, so do stocks keep grinding higher and where do you go from here to record highs >> you stay with name, five names, those are four, five names for quite some time. steve isn't here he's been on this do you want story, but boeing for example, now,

i'm melissa lee along with joe kernen and mike santoli.a look at how the day will kick off we are looking at a higher open across the board dow up strongly by 72, s&p up by 8, nasdaq looking to add 20. this is a holiday shortened session and this is probably light volume at this hour. let's also take a look at the ten year treasure beery. la we went from 2.13 last week to 2.27.beery we went from 2.13 last week to 2.27.eery. we went from 2.13 last week to 2.27.ry. we went from 2.13 last week to 2.27.ry. we went from 2.13 last week to 2.27.y we went from 2.13 last week to 2.27.aey we went from 2.13 last week to 2.27.rey we went from 2.13 last week to 2.27.y we went from 2.13 last week to 2.27.y we went from 2.13 last week to 2.27.ey. we went from 2.13 last week to 2.27.ry. we went from 2.13 last week to 2.27 overnight in asia, some good numbers in the tech centered economies. nikkei up by a

i'm melissa lee along with joe kernen our guest host for the hour is the one and only guy >> thrilledbe here >> fast money trader we get do the ssymphony. you can promo your show. but i ask you guys that work together every day, don't gang up on me >> of course we will >> joe, we love you. >> this is your home, joe. we bow to you. if you didn't want me here, i wouldn't be here i know how it works. >> we're having more of these trader types we had tearanova yesterday. he's always fun. >> and in these market, you have to kno

>> i'm melissa lee thanks for watching. see you back here tomorrow at 5:00 for more "fast money. in the meantime, "mad money" with jim cramer starts right now. "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 and teach you so call me at 1-800-743-cnbc or tweet me @jimcramer. does anyone mind if we give some top notch ceos the benefit of the doubt in tonight's show? look, you need a healthy amount of skepticism to be a good investor, no denying that. but it's important to know when to believe i'm talking about buying the stocks of companies that have been left for dead, because of a single bad quarter, when the executives have proven time and time and time again that they can navigate rougher waters and right th

live from the nasdaq market side overlooking times square i'm melissa lee. your traders on the desk are -- tonight on fast, the commodities king, dennis gartman, is here with the one chart he says you need to see to make money in this market. plus, the s&p 500 hovering at record highs, but stocks are in bear market territory. the names and which ones the traders are buying when we go bargain hunting and check out shares of microsoft. jumping to a fresh all time high in the after hours session. we've got full team coverage josh is back at headquarters tracking the call from there but first, the big story of the day. after nine years in prison, the parole board voting today that o.j. simpson will be released in october. just kidding just kidding here's the real big story for us today. it's amazon's world and we're just living in it. the e commerce giant making a deal can sea rrrs to sell alexa appliances in a blink of an eye, the deal wiping out $12 billion in market cap. home depot, whirlpool, best buy all sinking about 4%, while lowe's was down about 6% ista

>>> that's it for us "power" starts right now >>> i'm melissa lee. what's on the menu president trump swearing in retired general kelly as his new chief of staff can he bring a bit of that military discipline to the trump agenda we'll debate that. discovery and scripps announcing their $12 billion tie-up does this mean we can look forward to shows like "deadliest iron chef," "fast and loud tiny homes," or maybe a new offering "flip or flan" make it in america brian set to showcase companies that not only are making their products here in the usa but they're also making money doing it "power lunch" starts right now >> that's right, melissa break out the national anthem and send in the eagles because we're going to america this week all right. stop me if you've heard this one before the dow hitting an all-time high on this final day in july. it has been a red hot month for your money the dow, s&p and nasdaq all on track for their biggest gains since february check this out the dow is now up nearly 11% this year. the ntds really banking some investor co

i'm melissa lee along with joe kernen and mike santoli. take a look at how the day will kick off we are looking at a higher open across the board dow up strongly by 72, s&p up by 8, nasdaq looking to add 20. this is a holiday shortened session and this is probably light volume at this hour. let's also take a look at the ten year treasure beery. la we went from 2.13 last week to 2.27.beery we went from 2.13 last week to 2.27.eery. we went from 2.13 last week to 2.27.ry. we went from 2.13 last week to 2.27.ry. we went from 2.13 last week to 2.27.y we went from 2.13 last week to 2.27.aey we went from 2.13 last week to 2.27.rey we went from 2.13 last week to 2.27.y we went from 2.13 last week to 2.27.y we went from 2.13 last week to 2.27.ey. we went from 2.13 last week to 2.27.ry. we went from 2.13 last week to 2.27 overnight in asia, some good numbers in the tech centered economies. nikkei up by a tenth of a percent. european a equities, big story was the big rise in the euro last week. and green across the board and there the euro i know you

we're live from the nasdaq market site in times square i'm kelly evans along with joe kernen and melissa lee we have the dow looking at a tiny gain, same for the nasdaq the dow closed at a record high yesterday. overnight in asia, let's scan the landscape. i think the kospi was at a record high yesterday as well. some green kind of following on from our semi strong day yesterday. gains of about a tenth of 1% as for europe which is still trading of course, you can see some differentiation ftse 100 and dax lower ftse down more than a quarter of 1% and finally a look at crude which has been holding levels of 45 and 46. it's up about and a halfhalf a t >>> in washington, senate republicans are battling for votes within their own party after he releasing their latest health care bill two gop senators will not vote for the bill, that means mitch mcconnell has to convince every one of the 50 remaining republicans to vote yes or the legislation fails. the new bill keeps some of obamacare's taxes on the wealthy and includes $45 billion to fight the opioid epidemic and another $70 billion to stabilize

right now, overlooking new york city's times square, i'm melissa lee. traders are -- wells fargo strategist says he is a bear among the wall street bulls. he'll explain why he's so worried. plus, airlines are soaring we've got a special report and later, the vix sinking again a top money manager says don't get too comfortable yet a storm is brewing the dow at record highs at janet yellen gave something for investors to get dwit xooited about saying the future of rate hikes will be a gradual process. the s&p jumping, nasdaq ride tog a four-day winning streak with real estate and tech stocks, so did janet yellen just give the green light to investors what do you do now >> the green light has been there for a while. did she just reenforce the headlight? why is can fading away i think she reenforced the green light that's been there for a while. the xlf has held a level that needed it in 23. industrials continue to crush names like honeywell and boeing and quietly, the ivb continues to go higher as well, so there are sectors that have worked and will contin

. >>> i'm melissa lee.ared kushner at the white house about to make a statement act his meeting and his sbrabs with russians during the election campaign as leaders of the democratic party get ready in just moments from now to lay out what they're calling their better deal agenda is it the right deal to get the economy a boost? >>> the car cartel, reports saying germany's three biggest automakers have been colluded for years. antitrust regulators now investigating what this could mean for the industry. "power lunch" starts right now

. >> i'm melissa lee see you back with jim cramer stt right now. >> my mission is simple, to make you money. i'm here to level the playing field for all investors. there's always someone somewhere, and i promise to help you find it. "mad money kwds starts now >> i'm cramer. welcome to "mad money" i'm just trying to make you money. my job is to educate and teach you. call me at 1-800-743-cnbc, or tweet me the big story today is a proxy fight for a board seat at procter & gamble nelson pelt z wants a seat at the table because the stock has underperformed the cohort and the broader market for the life of me i don't understand why they won't let him in given how well companies tend to do once he's on the board. on the other hand, you have to wonder how much he can do to really make it work better still, my feeling is that procter and gamble is worth owning that's been my view. you have one more way to end the uglier it gets, the more shareholders can gain. i regard a make or break level, dow dipping 8 points today nasdaq advancing .03%. there's a slew of earnings that every important grou

. >> i'm melissa lee so long summer recess. president turning up the heat on senators right now in a lunch meeting with them. the details straight ahead >>> higher highs, nasdaq and dow setting new records. >>> plus, man versus machine health care. the surgeon who is using robots in the operating room. "power lunch" starts right now

. >> i'm melissa lee here's what's on the menu. the gop abandoning the senate health care plan and the repeal to replace is dead, too. insurers on edge, markets are slipping and the president just sounded off and the unfolding details on this d.c. drama straight ahead shares of goldman sachs getting hit hard after reporting their worst quarter ever for commodities training and we'll go inside those numbers and from the milken boom and the burger wars, a full plate of issues on the food menu. we'll dive right in with restauranteur danny meyer. belly up to the bar. "power lunch" starts right now ♪ ♪

thanks for watching us power starts right now >> i'm melissa lee stocks in the red, tech in the nasdaqetting crushed is the herd mentality taking a toll would you trust random strangers with your money. one amazon engineer is doing just that taking his $50,000 portfolio social >>> soda, candy even cupcakes buy all kinds of stuff in vending machines now add cars to the list we'll explain and introduce to you the ceo trying to shake up the auto business. buckle up, "power lunch" start

. >>> live from the nasdaq market site i'm scott wapner in for melissa lee. tonight, on "fast" one of the big est bulls on wall street getting more bullish tony dwyer just raised his s&p target for the next two years. he'll explain what has him so excited. >>> plus, is tesla about to ge its groove back? the chart master who called for the pullback now says it's time to buy and after you see his charts, you might be buying, too. >>> and later, blue apron making a comeback today after a tough debut week following its ipo, but if history is any indication, you might want to sell. >>> first, we start with the wrath of amazon, prime day kicking off in four hours. the kpaeccompany has been takino prisoners especially in retail spice as it continues to dominate retail stocks feeling the heat, sinking 2% today, hitting their lowest levels in three weeks amazon announced its own version of the geek squad, costco falling after a downgrade from bmo, says sales aren't enough to combat the amazon effect walmart under pressure and the department stores like macy's, well, t

thanks for watching us power starts right now >> i'm melissa lee stocks in the red, tech in the nasdaq getting crushed is the herd mentality taking a toll would you trust random strangers with your money. one amazon engineer is doing just that taking his $50,000 portfolio social >>> soda, candy even cupcakes buy all kinds of stuff in vending machines now add cars to the list we'll explain and introduce to you the ceo trying to shake up the auto business. buckle up, "power lunch" starts right now. >>> thanks a lot of red on the screen here's the question. is a summer stock swoon starting we're down across the board. the once red hot nasdaq at its lowest level since mid-may stocks bringing us down on tesla. worst performer on the nasdaq 100. we'll tell you why huge downgrade for ge. why one analyst urges you to sell that stock and answers our question of what is the biggest mistake ge has made. >> thanks. i'm michelle caruso-cabrera. here's what else is happening. microsoft officially announce being it's cutting 3,000 jobs. >>> liberty media buying the rest of hsn. $2 billion deal brings

. >>> live from the nasdaq market site i'm scott wapner in for melissa lee.st bulls on wall street getting more bullish tony dwyer just raised his s&p target for the next two years. he'll explain what has him so excited. >>> plus, is tesla about to ge its groove back? the chart master who called for the pullback now says it's time to buy and after you see his charts, you might be buying, too. >>> and later, blue apron making a comeba

. >> "fast money" starts now live from the nasdaq market side, i'm melissa lee.he desk are -- the ten-year yield -- the chart masters said rates are about to come crashing down to earth. plus, you'll never guess which commodity will be worthless in the next 20 years. it's a controversial call and andrew left has been wrong and tesla until this morning and now, he says today's sell off in the giant is jus

live from the nasdaq markets i'm melissa lee.pimco ceo and chief economic adviser mohamed elevator-erian is here a about yoburrito blow-out and moments ago ibm, united airlines, csx all on the move. we'll bring you the very

now live from the nasdaq market site overlooking new york's times square i'm scott wapner in for melissa lee, t a snape disaster shares of the social media company sinking after one of its lead underwriters turns on the stock. how low can it go? plus, prime day in full swing. we'll have a special report and later, terry simpson is here with a contrarian market call that is sure to have all of wall street talking

right now, overlooking new york city's times square, i'm melissa lee.o strategist says he is a bear among the wall street bulls. he'll explain why he's so worried. plus, airlines are soaring we've got a special report and later, the vix sinking again a top money manager says don't get too comfortable

kelly, thank you so much i'm brian sullivan, hosting "fast money" in for melissa lee. have some big, breaking developments out of washington, d.c. as you just heard the news, we are seeing reince priebus out as chief of staff john f. kelly is in as chief of staff. this just coming down literally moments ago. we've got a great group of traders here tim, steve, david, and dan are your team today. we'll talk about the market impacts from the d.c. dysfunction and also this breaking news in just a moment but let us go back now to get more detail, i

fast money" starts right nouchlt live from the nasdaq market side overlooking times square, i'm melissa lee tonight on fast, general electric hitting its lowest level in nearly two years. as sales drop, what can turn the stock around plus, 13,000 is on deck for earnings next week and one trader thinks the name could be about the crashing down and later, the dollar sink iing to s lowest level in more than a year as the ur o spikes higher. is it a warning to the rest of the world? bu

money" starts now live from the nasdaq market site overlooking new york city's times square, i'm melissa leeon the desk, tim seymour, karen finerman, guy adami. tonight on "fast," it's been a rough week for tech and rich ross says it's about to get a lot worse. he'll explain what he's looking at. >>> plus snapchat sinking to a new low as the shareholder lockup expires there's one thing that could save the stock from massive selling. we've got all those details. >>> later, oil having its best month since april of 2016. the commodities, dennis garvin says the rally is just getting

. >>> live from the nasdaq market site overlooking new york city's times square i'm melissa lee.rman, guy adami. tonight on "fast," the dollar sinking to its lowest level in more than a year the chart masters calling for a big rebound. what it means for the market. >>> plus a slew of wall street analysts, seven, in fact, coming out with rave reviews for blue apron's stock. will the bulls turn the tide for the troubled ipo >>> check out shares of alphabet sinking after hours now down 3%.

overlooking times square, i'm melissa lee. the desk are -- tonight on fast, nasdaq on a nine-day wibing streak at record highs. and the man who called last month's pullback in the sector is back with a bold, new call. plus, hedge fund managers are having a dpogood year. we'll tell you how he's putting his money where his mouth is and later, a number of big names