. >> i am melissa lee. our traders on the desk. tonight on "fast," apple is closing aing at a record high plus, a game changer for the crypto universe of bitcoin exchanges is now accepting cash for crypto he'll join us to explain what it could mean we start off after weeks of trade and turmoil of euro crisis stocks are still standing strong the dow is surging nearly 200 points today the u.s. economy seems to be on fire do you keep on betting on america and specifically do you keep on betting things that have been working so far this year. >> it is not on fire anymore apparently nothing is on fire itextinguished >> the answer is question. energy and refineries have worked for the last nine months. levered energy played. a tech play that we talked about it when it was andhanded down to amd because of crypto. they came back and they upgraded the stock and a week and a half ago cal yllan upgraded it. i still think it is further upside >> dan, the s&p acted really well in the face of a lot of really bad news all over the globe. you this

i'm melissa lee. our traders on the desk. tonight on "fast," home builders suddenly hot again, up 7% from the lows last month and it could lead to a major breakout for one dow stock. we've got the details. speaking of breakouts, check out twitter, soaring to its highest level in more than three years traders say there's a different social stock you should be buying now plus, just moments away from president trump's meeting with c canadian prime minister justin trudeau. that's a live shot right there of the beautiful scenery we'll bring you the very latest. first, we've got to start off with the markets shaking off trade tensionings. the dow posting its best week in three months up 3%. this with three key events next week tonight, your mission, should you choose to accept it. continue to buy stocks in the face of the north korea summit, the at&t and time warner decision or the one-two punch of the fed and ecb meetings >> you've got to be cautious the reality is in this market, yes, you do that here it

. >>> live from the nasdaq market site overlooking times square, i'm melissa lee. tonight on "fast" bitcoin is getting slammed after japanese regulators call for an upgrade of a major exchange. are we seeing the death of bitcoin as we know it? we will break it down. >>> plus the chart master says there's one dow stock heading for a big comeback he'll tell us the name and how high he sees it going. first, we start off with the energy sector to the rescue helping the dow avoid its longest losing streak in 40 years. one could say it was the type of dramatic save one only sees on "baywatch. exxon up 11%, marathon oil up 36% and chesapeake energy up 63%. so what better time to play a rousing game of trade it or fade it, energy style we all know the rules of the game. >> can you go over them quickly, it's friday. >> guy, chesapeake >> well, melissa, you can say the stock is up 63%, how can you possibly trade this stock still? that's a great question. i will say you trade chk one of the reasons why is valuation still isn't ridiculous, although that's not in and of itself

melissa lee. >>> stocks are busy as we gear up to close the first half of the trading year outlook onde barriers and policy obviously uncertain, to weigh in on how this will all affect the market. we're joined by the vice chair of private wealth byron wieon always good to check in with you. >> good to see you, carl of the. >> you see no recession until at least 2021 you said you see the cycle going on for a couple of years as long as that's the case, volatility will remain low and there will be corrections along the way. >> right. >> has anything the last few weeks done anything to shake your confidence? >> no. i always thought we would go back and test the february lows. i don't know that we'll get all the way down there but i think the summer is going to be dull i think the market is going to mark time until we get to the election in november and i think the year -- we'll end the year up for the s&p 500. but i think it's going to be a boring summer so plan your vacation. >> i think some are already planning on that what you're saying echoes what, for instance, paul jones said on our

i'm melissa lee, you're watching "fast money. >> life moves pretty fast. you don't stop and look around once in a while, you could miss it. >> great point, but if you missed the rally in consumer stocks, don't worry. the chart master has three ways to help you catch the ride. >>> plus, the crypto universe is getting crushed, and a top bitcoin watcher says the worst isn't over yet he'll be here to explain how bad things could get there's much more "fast money" right after this change of scen? the kayak price forecast tool tells you whether to wait or book your flight now. so you can be confident you're getting the best price. giddyup! kayak. search one and done. >>> welcome back too "fast money. bitcoin bust this time around south korea's coin rail getting hit suggesting losses as much as $40 million. has bitcoin become the wild west we took a look back dating back to the infamous 2011 mount gock attack and as the selloff continues, last week's fund manager said bitcoin was in the process of bottoming but after crashing through what he's called two key leve

i'm melissa lee. traders are tim seymour, guy adami. the selloff in full force and one sector traders are betting will get hit harder. plus, not just stocks selling off, the summer of pain for bitcoin continues and a top crypto investor in bitcoin says things will get worse for another 200 days spencer bogart of blockchain capital will be here to explain that >>> first, we start with the market selloff the trade war igniting massive selloff. the dow falling 500 points and nearing correction territory more than half the stocks in the s&p 500 are in a correction but wait a second, with just 30 minutes to go in the trading day, it was the trump administration to the rescue listen to what trade advisor and hawk peter navarro said on the closing bell. >> i think this is a day that -- the momentum traders get ahold of that and drag things done but if you're a long-term investor this economy is going great, this president, tax cuts, deregulation, low energy and good trade policy yielding strong investment he

i'm melissa lee. market reaction to the trump/kim meeting has been muted we are watching at&t/time warner shares a judge will decide today to block or allow their merger. >>> lands' end posting a smaller than expected loss revenue beating estimates. tyler? >> thank you very much, melissa. i'm tyler mathisen historic meeting between president trump and north korea's kim jong-un but now the hard work lies ahead michelle caruso-cabrera is live in singapore >> the events that happened overnight, tyler, while most americans were sleeping were extraordinary. it wasn't that long ago that president trump of the united states was calling the leader of north korea rocket man and the leader of north korea, kim jong-un, calling president trump a dotard however, today the two came together countries that have been enemies for decades. necessity sat down, signed an agreement in which they promised to forge a new relationship. >> i feel really great we're going to have a great discussion and i think tremendous succe

i'm melissa lee in for scott wapner we talk about all this money pouring into financials.p 500 today after the fed said most banks are clear to hike dividends and buy back stock here to debate it, jim lebenthal, josh brown, and jj, also with us, from lake joseph, canada, the one and only kevin o'leary, chairman of oshares etfs we have 13 straight days of losses for financials going into ccar we have them in a rally mode

visit tripadvisor.com >>> i'm melissa lee in for scott wapner expect these stocks to move later todayreleased plus, did a.mazon just give investors an incredible buying opportunity in the pharmacy and shipping sectors we're trading nike, plus three big calls, sales force and ibm that and much more on "the half time report" at the top of the hour. >> a lot to get to melissa, thank you >>> rick santelli is at the cme. rick >> thanks, carl. so many things now that investors need to try to get a handle on to keep their positions profitable, to limit risk, to potentially neutralize some positions in the face of uncertainty. boy, that's really a tough one nowadays one thing i can tell you is if you look at what's going on in the u.s. economy, present and future against what we know now about europe, china and japan, and even forgetting all the trade issues out there, it really is quite a teeter totter with respect to the u.s. holding up so much better and all the other large economies really sliding in a variety of ways let's take europe, for example now today's an important day in europe i

i'm melissa lee. you're watching "fast money," first in business worldwide. here's what else is coming up on fast >> announcer: in the battle for your money, big established stocks are getting crushed by upstart rivals it's the story of the market no one is talking about and we'll tell you how to cash in ♪ baby come back >> announcer: that's what they're hoping traders will do when it comes to bitcoin, but 'sothe buyer you'd normally think of. he'll be here to explain when "fast money" returns you always pay your insurance on time. tap one little bumper, and up go your rates. what good is having insurance if you get punished for using it? news flash: nobody's perfect. for drivers with accident forgiveness, liberty mutual won't raise your rates due to your first accident. switch and you could save $782 on home and auto insurance. call for a free quote today. liberty stands with you™ liberty mutual insurance. looking for a hotel that fits... whoooo. ...your budget? tripadvisor now searches over... ...200 sites to find you the... ...hotel you want at the lowest

live from the nasdaq market site overlooking new york city's time square, i'm melissa lee. tonight on "fast," bitcoin showing signs of life despite a cryptoclash. founder of light coin will be here to see why the crypto-universe is about to moon >>> plus the bid and who will the loser buy instead. the traders play a special game of match maker we start off with fang gone wild these stocks are out of control. as the nasdaq closes as a record high, hitting fresh all time highs today. facebook, amazon, google all up double digits in the last month. we thought it'd be perfect time to play a game here. we like games, right kick it off at the top trade it or fade it fang style pete, we'll kick it off with you and facebook trade it or fade it. he's over there -- >> there was music and guy was dancing. we didn't show it because you can't unsee things >> stop, stop. >> it's like the gopher. >> from caddy? >> yeah. >> i'm going to say trade it the reason i say trade it. i like facebook already. you look at the forward pe on the stock, it started trading at a 21 all it's done is gone

. >> "fast money" live from the nasdaq, i'm melissa lee. our traders on the desk. tonight on "fast," check out shares of nike, one of the best performing dow stocks this year, soaring after hours. the conference call kicking off right now. we'll bring you the latest headlines as they break. plus, pharmacy stocks just got am amazoned if history's any guide, these beaten down stocks could be primed to buy. we've got those details. first, we start off with a bank. it's a mixed bag at first. but check out some of the biggest players. now goldman sachs, goldman, deutsche banc, citi, wells fargo, all higher right now. >> that's right, deutsche banc's u.s. unit failed to receive approval from the federal reserve to move forward with its capitol hill plan and remaining 34 banks tested by the fed were approved but goldman sachs and morgan stanley will be required to maintain their payouts to levels from recent years. we've seen that with the announcements coming after the close today. so-called conditional nonobjection to their capital plan this result was actually somewhat

. >>> i'm melissa lee. here's what's coming up on "the halftime report. is now time to take cover plus, one big tech name gets an upgrade. the stock up 40% in a one-year period >> and jon najarian is tracking unusual activity in the options market we'll get his latest trades on the moves. that's at noon eastern time on the half >> we'll see you in a few. let's get to the santelli exchange in the meantime, get to the cme. >> hey, carl you know, this morning my guest from newburgher berman, we were really discussing what has been an ongoing topic of discussion, really for the last year really accelerated in late january. that is what happened to the kind of crash rule whenever treasuries get soft, in 1987, fixed income traders were conditioned to buy treasuries. and it worked very well for many years. this year seems to be the exception. let's throw up a cart, a chart of the vix and ten-year note yieldswe know we had that bout e portfolios use of jamming as big a position as possible with one of the thresholds to decide how packed it was being volatility, t

i am melissa lee, don' >>> my mission is simple, to make you money i'm here to level the playing field 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 save 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. let's see, italian bonds spiked in the sky, it didn't fall we

being vocal about it >> thanks, julia banks getting a bit, that's helping the tape let's get to melissa lee and the half >> welcome to "the halftime report." i'm melissa lee in for scott wapner our top trade this hour is the coast clear with stocks slightly higher after yesterday's big selloff. when should you get back in? do you pick up the stocks sore sectors that got slammed the most here to debate that, jim, joe, jon, and also with us here on set, lindsey bell, investment strategist at cfra research. first, we have to get to the move in oil. we have seen oil spiking on a report the u.s. is pressing allies to ratchet down the purchases of iranian oil to zero take a look at the spike we're up by 2.5% joe, what do you make ofhis? >> we said yesterday, i think the iranians will be the losers. there seems to be a cartel that has been formed with the russians, with the united states, with the chinese, and with opec itself, and the pressure is being put on the iranians now, this is coming at a time where we're also dealing with domestically here in the united states less crude oil wti crude oi

i'm melissa lee in for scott wapner we talk about all this money pouring into financials. the sector leading the s&p 500 today after the fed said most banks are clear to hike dividends and buy back stock here to debate it, jim lebenthal, josh brown, and jj, also with us, from lake joseph, canada, the one and only kevin o'leary, chairman of oshares etfs we have 13 straight days of losses for financials going into ccar we have them in a rally mode today, jim what do you make of this >> well, i think the bigger picture is what does ccar mean the bulk of banks had their capital return plans approved, but what i noted is a lot of the banks were approved to give payout ratios above 100% what that's telling me, prior years, ccars may have been too conservative and they're allowing to give back capital they had previously retained there's a lot of political pressure to end ccar, and what you're seeing from today's results or rather yesterday's results is that end may be closer coming than we may think. >> for those who had been overweight financials all this year, waiting for that

i'm melissa lee. your traders on the desk -- tonight it was a crazy week for kr crypto and our crypto said something just happened that could send one coin to the moon >>> plus, don't look now but shares of snaps are soaring. we'll tell you how to cash in. >>> first, we start off with a trade war turmoil. stocks sinking more than 250 points the white house officially slaps tariffs on china and the country retaliates by the end of the session, stocks erased most of the losses >>> we've seen this movie before all though we've never seen it with the culture club. ♪ >> check this out. each time we sold off it was a buying opportunity most importantly, the sell-offs have become less severe each time we see the trade war dips. do you buy them? >> you don't bickellture club. ♪ >> they come in my cd of the month club. >> the headlines are ugly. the reality of what is going to happen i believe there's a negotiation phase. if you look at the vix, if you look at the dollar, if you look at the s&p and where we cl

. >>> i'm melissa lee.hat else is happening this hour >> the supreme court saying the government cannot monitor the movement of criminal suspects by tracking their cell phone location without a warn. >>> we are bafly halfway through 2018 but disney has made $2 billion at the box office. inkrebls 2, avengers and black panther helping to fuel sales. >>> abc is ordering a ten-episode spin-off of the comedy, roseanne it's being called the connors but roseanne bahr won't be involved after her show was canceled following widespread outrage with her racial slur on twitter. >>> the dow is trying to avoid its longest losing streak in 40 years. bob pisani joins us from the stock exchange. >> the dow about to break the losing streak. the bad news is some of the market lead remembers slipping in the middle of the day let's look at what is moving us. at the start was a good day. we had a positive flash pmi for manufacturing numbers over in europe positive over at opec. they are increasing production not as much as some

. >> our time is expired, i'm melissa lee.rts right now the following is a paid program for traeger wood fired grills. sponsored by traeger. but be warned, it contains footage of delicious, wood fired meats, seafood, vegetables and desserts. you may find your stomach growling, your mouth watering, or that you have an uncontrollable urge to order your own traeger wood fired grill. what is traegering? traegering is this, that and those. traegering is fire and smoke, roast and grill, bake and barbecue. it's the rich flavor of american wood, sweet maple,

i'm melissa lee. for more options action, check out our website or tweet us., 5:30 eastern time. >>> 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 save 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. it's the end of the quarter as we know it a quarter that started out with a wimper and continued to wimper with exception

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i am melissa lee, don' >>> 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 save 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. let's see, italian bonds spiked in the sky, it didn't fall we put tariff steel on the moon, and the wheel, they didn't fall off the bus. then we got today's amazing employment report and the market showing the true colors. dow gaining, nasdaq pole vaulting 1.51% our economy is in great shape some of when our stocks trade on the united states not italy or germany or china or canada, we roar higher. the single most data point for the market is the labor department's payroll figure. and this was nothing short of spectacular. the thing you need to remember about the employment numbers is that everything else that you hear ab

i'm melissa lee. for more options action, check out our website or tweet us. see you next friday, 5:30 eastern time. >>> 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 save 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. it's the end of the quarter as we know it a quarter that started out with a wimper and continued to wimper with exception of texts and domestic small stock the dow gained and the s&p advanced and the nasdaq declined this has not been a great three months and i wonder what the last days of the quarter is going to hold for us i want to make something very clear. if you think president trump has gotten aggressive on trade, fooi fighting back, you ain't seen nothing yet. trump is fixated on auto, steel, alu

. >> interesting i'm melissa lee. see you back here tomorrow at 5:00 for more "fast. meantime, don't go >>> 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 save 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. >>> either i am very lucky or the bullish gods were listening to last night's show, and they decided to slaughter a few bears. rally dow surging. and yet another decline in the dollar which helps get the multinationals quite jiggy more leadership, it has to broaden out. we could rally if we got something beyond the banks and the retailers, like health care, industrials and transport. ten out of 11 sectors went higher and if you are a bull, a glorious thing to see. unlike yesterday we had tech and retail, today's action had

. >> all right i'm melissa lee. thanks so much forching. see you back >>> 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 save 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 today was a lot less placid than it looked. while the market certainly looked comatose, we're witnessing some tremendous break break outs all over the place. break outs that would be held back by the gravitational pull, yes, politics. that is amazing given the gauntlet the market has to run you can argue that rates have risen dramatically shout they be blasted? long the sector, like the housing group, they have been rallying like mad especially after the president's big g7 thblow up. obviously the market doesn't seem to care or it likes trump's actio

. >> sorry how was i supposed to know i'm melissa lee. see you back hering. >>> 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 save 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. on a great day for the bulls, where the dow gained 180 points and the nasdaq climbed .69% to a new time high. we need a new acronym for tech f.a.n.g is not cutting it. if you want to understand the strength in the nasdaq, you need a new acronym. say hello to i.n. f.a.n.g. let's go to apple. not long ago it was a trading vehicle for a quick gain none of the things that should have really mattered to analysts things like customer loyalty, incredible products, the most admired brand on earth none of those seem to mean anythi

distribute distributers -- distribuutors that we have not spoken about as well >> let's get back to melissa lee. of course it is the big story, a at&t winning court approval. at&t is soaring. it was initially announced back in october of 2016 where would you look to invest or sell, time? >> i think the pure content continues to be we bid i think it will be a feeding frenzy we have been seeing this and for awhile, media companies had a lot based on their media and -- >> the media talks across the board, discovery, lions gate, viacomm, what do you make of the action in. >> yeah, it is good for the market, no q >> let in with ama aman javers who is outside of the courthouse >> yes, getting a green light here after months of court wrangling. not putting any conditions on this merger. we saw the lead lawyer coming out very careful here not to goat he said they're relieves that they got the ruling they did now comes the after shocks and the implications for the telecommunications, the department of justice, the white house, the president himself, he campaigned against this merger poke against it. wil

i am melissa lee stocks are in the green right now.he dow is up by 74 points, s&p is higher by 10 and nasdaq is up about 26 telecom consumers and staples are leading right now. utilities are the only sector in the red. united health and home depot is your topper and american airlines are lagging some retail names are at all time highs today costco and tjx >> thank you, i am sara eisen, here is what's happening at this hour boston scientific, the company receives a buy approach from stryker. fitbit announces wearables for kids the ace is available at retailers worldwide for $99.95 walmart is launching its own brand of wine. it will be available in 1,100 stores the wine varieties includ let's head to michelle live in singapore, michelle caruso-cabrera >> hi sara we are live right now in singapore. dennis rodman has arrived at singapore, he landed about an hour ago you can see the media surrounding him as he got to the airport. you can't see the t-shirt right on the front it says potcoin.com. digital currency was sponsoring him. he was as

"power lunch" starts right now >> i am melissa lee, here is what's on the menu trade tensions rattling investors. what's going to snap the losing streak ceo evans speagle speaking out. and president trump firing back of the immigration of separating children affray from parents "power lunch" starts radight now all right folks, welcome to "power lunch," i am tyler mathisen s&p 500 posts their biggest decline so far and now is facing for a fifth straight section of losses best monthly gain since january. go figure. energy is the best sector and chevron and lululemon is downright now but it did hit an all time high earlier today. xlf flirting with correction levels falling more than 10% from its january high. >> courtney reagan, here is what's happening shipment of wearable devices expect for it to go. that's below last year's 10% raise. expect the market to post double digits growth. playing video too much, it is bad for your health. gaming disorder as a mental health condition elizabeth holmes has stepped down and indicted on federal wire charges u.s. attorney's office accusing her of e

thanks for tuning in "ma fast money starts now. >> live from the nascar market site, i'm melissa lee.the desk. tonight on "fast," home builders suddenly hot again, up 7% from the lows last month and it could lead to a major breakout for one dow stock. we've got the details. speaking of breakouts, check out twitter, soaring to its highest level in more than three years traders say there's a different social stock you should be buying now plus, just moments away from president trump's meeting with c canadian prime minister justin trudeau. that's a live shot right there of the beautiful scenery we'll bring you the very latest. first,

"power lunch" starts now >> thanks scott, i am melissa lee. tim cook is about to take the stage with the stock and hitting new highs today. we are live in san jose, california the president is heading to canada and talks with china hitting the wall, are things about to get uglier. the bulls are firmly in charge today. where are the money going in this rally "power lunch" starts right now >>> oh, welcome everybody to "power lunch," a busy day as so many have been lately. i am tyler mathisen, nasdaq is 100 and as scott just pointed out. the nasdaq is above its record closing high right nowssa mentiw highs there, tech sector of director highs, news about to break from the developer's conference a number of other stocks are at record levels, amazon, netflix and macy's and tiffany sara >> i am sara eisen, live today in lowerttant three world trade centers open in a few days 80 stories over 2.5 million square feet of office space. it is all apart of the big apple building boom in lower manhattan more than $7 billion of me mega development joining me

and we still have adobe earnings before the week is out let's get over to melissa lee and the half >> halftime rert." i'm melissa le for scott wapner top trade this hour, getting ahead of the fed here at post 9, joe terranova, steve weiss, sarat, and also lisa, great to have you with us. and by just about all accounts, the fed is likely to raise interest rates at 2:00 p.m. by a quarter of a point, but for the market, the most important thing will be the statement and whether or not the fed charts three total or four tal rate hikes this year. joe, how are you positioning here >> i'm positioning for higher rates. i truly believe that

. >> "fast money" starts live from the nasdaq market site i'm melissa lee. tonight on "fast," move over de niro, there's a new raging bull. tony dwyer showing his horns 16% higher in the next six months he will be here to tell us what has him pounding the table plus pot stocks heating up as canada gets one step closer to legalized recreational marijuana and tim seymour has one name to >>> first, we start off with big tech rally queue the 1999 music, because the tech sector is closing at another record high today. e everyone has been watching meg cap bank stocks, quietly a number of speculative web 2.0 stocks have been on a tear check out etsy, grub hub, angies and zillow surgingting multiyear highs so let's get deep here. what does the rally in these kinds of stocks say about the broader tech >> what it says to m the complacency in the market is back to where we were. everybody thinks the fed has our back and they may be right the market has basically staved off the lows on three different times, tony dwyer will speak to it but what it says the vix is below

see you yyou monday >>> i'm melissa lee. bracing for a trade war, president trump slapping china with massive tariffs on up to $50 billion worth of goods china says it will retaliate is getting tough on trade the right move plus the president also holding an impromptu news conference waring in on trade, ig report and immigration. and plus another key departure at the white house and sealing the deal for time warner and the ball now in disney's court in its battle with comcast over fox. who will rule the media landscape? "power lunch" starts right now >>> new trade war worries, and biggest weekly drop in nearly three months and also pushing key 500 into the red. first week will ly decline ther four boeing and caterpillar biggest drag on the dow, but there are notable winners. harley-davidson and discovery communications both rallying canada goose soaring more than 2 25%. revenue there beating estimates. >> and i'm bill griffeth the market is taking its cue from president trump this morning. he not only announced billions in n

♪ >>> i'm melissa lee.resident trump's top economic adviser larry dlow speaking in the past houthe upcoming g-7 meeting in canada. are tariff tensions about to boil over? trade of course a big fear factor for the markets thpontial threats that could test the markets in coming weekinaweek weeki weeking and mondths. and retail is leading the market ridun > welcome to "power lunch. now i'm tyler mathisen stocks rallying right now. nasdaq hitting record highs and on track for yet another record close. the s&p 500 touching its highest level since mid march, 2761 right now. small caps also on the move. the russell 2,000 a new record intra day high financials, materials, health care, they are the best performing sectors >> and he is what else is happening. everything amazon. the e-commerce giant has reportedly held talks about offering home insurance. the nation's largest pet retailer has reportedly hiring restructuring advisers to e ways to cut its $8 billion debt pile. and from cars to bikers uber ing its reach

. ♪ >>> good wednesday morning welcome back to "squawk on the street" with melissa lee here.id faber is in boston today after speaking to starbucks ceo kevin johnson. sara is off today. dow hanging on to a 60-point gain after the sixth day down yesterday. it comes off the longest losing streak in about 15 months. our road map begins with fighting for fox disney raising its bid for fox assets but the bidding war may be far from over >> shares of starbucks under pressure they issued weak guidance and store closures what ceo kevin johnson has to say about the road ahead >> ge gets the boot from the dow. after 111 straight years, talk about what that means to the company and the index. >>> first, straight to this morning's breaking story the battle for fox assets is heating up disney raising its bid to $71.3 billion in cash and stock. talking about this ljh investment management advisers joins us a longtime industry watcher who personally owns shares of comcast, fox, disney, cbs and viacom larry, good morning to you >> hi, carl. >> talk about your reaction to sort of the way this

. >> nice book end there i'm melissa lee. thank you for watching. at 5:00. "mad money" 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 der entertain you but educate you so call me at 800-734-cnbc or tweet me @jimcramer. >>> discipline trumps conviction i say it over and over and over again. no matter how much you may love a stock or enthralled you are with a company, if the rules say sell it you sell it. one thing i've learned in my investing career, no matter how much you might believe in something, you violate the rules of the road at your own peril. but where the he can do these rules come from? it's not like they were handed down from on high and carved on to stone tablets they're not like the laws of physics, you can't deduce them fr

. >>> welcome to "the halftime report," i'm melissa lee in for scott wamer ipner amazon, a giant opportunity and that's coming up trading ahead of the market moving comprehensive analysis otherwise known as ccar, those numbers done out, with us, jim lebenthal, steve weiss and cnbc contributor, ali mccartney, managing director of ubs financial services pete najarian, you've been staal war wart of thing anck and thin? is it going to get thick >> i don't know if you want to put it all in ccars because it's not. it certainly gives another catalyst it's something where i'm holding ton abank-america, citi. i like the fundamental story, mel because of that i'm holding on >> what is the fundamental story for financials, ali, i feel like the fundamentals have been set up since the beginning of this year >> you're obviously right. i think the short-term w going, global growth has weighed on it. the fundamental story is banks perform well when they have money to lends out regulatory restrictions at check. and we have an increased interest rate environment. and the other thing, dominating the headlines,

and we still have adobe earnings before the week is out let's get over to melissa lee and the half >> and welcome to "the halftime rert." i'm melissa le for scott wapner top trade this hour, getting ahead of the fed here at post 9, joe terranova, steve weiss, sarat, and also lisa, great to have you with us. and by just about all accounts, the fed is likely to raise interest rates at 2:00 p.m. by a quarter of a point, but for the market, the most important thing will be the statement and whether or not the fed charts three total or four tal rate hikes this year. joe, how are you positioning here >> i'm positioning for higher rates. i truly believe that we're going to see probably those four rates you mentioned in 2018. followed by another four rate hikes in 2019. i would say i'm positioning more hawkishly. the conss inn incredibly strong position. we're seeing a lift in thenic numbers that are coming out after the april and may softness and the fed is going to have to deal with unemployment that is clearly right noovershooting so i think in terms of an actual trade i could give you, on

see you yyou monday >>> i'm melissa lee.ng for a trade war, president trump slapping china with massive tariffs on up to $50 billion worth of goods china says it will retaliate is getting tough on trade the right move plus the president also holding an impromptu news conference waring in on trade, ig report and immigration. and plus another key departure at the white house and sealing the deal for time warner and the ball now in disney's court in its battle with comcast over fox. who will rule the media landscape? "power lunch" starts

visit tripadvisor.com >>> i'm melissa lee in for scott wham perp in on haft time report, what the whiteg to ensure a win/win situation for investors. call it the trump put. plus, is the market underplaying a key economic data point that may be about to move stocks, three calls of the day medical device, drug stock and big name in food. top of the hour on the halftime report back over to you. >> all right we'll see you soon meanwhile as we said before the break news on a developing story, multiple reports today indicate the doj is expected to approve disney/fox as early as today. it comes on the heels of an earlier report by the journal this morning that comcast is exploring its own tie ups with other companies, potentially some private equity investors that could provide additional cash if, in fact, they pursue that acquisition of 21st century fox assets that's according to people familiar with the situation. but a lot of moving pieces on this front. >> that explains how comcast still manages to be down, despite the news that the tie up is going to happen perhaps without comcast involve

i'm melissa lee. here's what else is coming up on "fast. >> shall we play a game?you bet, because thousands of kids are getting paid to play video games and we've got a top gamer who will teach you how to do just that >>> plus, the price of bitcoin is being manipulated >> do you think so >> or so says an explosive academic report. and the author of that report wille re t bheo explain how when "fast money" returns [ sigh ] not gonna happen. that's it. i'm calling kohler about their walk-in bath. my name is ken. how may i help you? hi, i'm calling about kohler's walk-in bath. excellent! happy to help. huh? hold one moment please... [ snap ] hmm. ♪ the kohler walk-in bath features an extra-wide opening and a low step-in at three inches, which is 25 to 60% lower than some leading competitors. the bath fills and drains quickly, while the heated seat soothes your back, neck and shoulders. kohler is an expert in bathing, so you can count on a deep soaking experience. are you seeing this? the kohler walk-in bath comes with powerful, fully adjustable hydrotherapy jets and o

i'm melissa lee. first on business world wide, in the meantime, here's what else is coming up on "fast. request itself >> that's what pok pot stocks are doing today. tim see more says now could be the time to buy. hemobreak it down. plus, starbucks shares are scolding investors after hours pete says. >> giddy up. >> yeah. giddy up he'll tell you why he is buying this stock right now when "fast money" returns as the nation's leader in energy storage we're ensuring americans have the energy they need, whenever they need it nextera energy. at crowne plaza, we know business travel isn't just business. there's this. a bit of this. why not? your hotel should make it easy to do all the things you do. which is what we do. crowne plaza. we're all business, mostly. with pg&e in the sierras. and i'm an arborist crowne plaza. since the onset of the drought, more than 129 million trees have died in california. pg&e prunes and removes over a million trees every year to ensure that hazardous trees can't impact power

money starts right now live from the nasdaq marketsite overlooking new york city's times squa i'm melissa lee, pete najarian, guy adamy and tonight on fast, if you love bitcoin, this is the show for you first, we're talking to wall street's new crypto king, the first financial institution to open a bit coin trading group and later we're setting down with brett redfearn. these are two interviews you will not want to miss. plus, elon musk winning back the heart of his investors at least for today. tesla posting its best day in more than two years after the ceo described what's been a hellish few months company and we'll u the details and first we start off with the markets the dow surging 230 points and the nasdaq closing at a record and the financials joining the party surging nearly 2%. what is the breakout and the missing ingredient that could take the markets to new heights? >> pete. we w h the banksd withhe ten-yes been almost directly connected and i pointed out something earlier today and i'll say it again. j.p. morgan and the ten-year are identical over the last month. we were down to 2

melissa lee. tonight on fast is bitcoin finally growing up there is one major sign it is reaching adulthood and top technician says as the bullish signal for the crypto universe he'll explain. and jamie dimon and warren buffett teaming up, calling for a big change for wall street one trader says it would be a disaster for companies we've got the details. first we start with a brazilian bomb shell check out the etf in brazil. ewz getting crushed. at one down as much as 8% as the country deals with the economic turmoil ahead of its elections here why it matters for your money. the u.s. and e emerging markets of which brazil is a big part have moved in tandem but the last three months the u.s. has stayed strong and emerging markets have gone through a bit of a tectonic shift falling. is the drama in brazil fears of the connotation for the rest of the world becoming the next big threat for the u.s. stocks we turn to the ambassador first, tim. >> em currencies have played a systemic role. whether you g

"power lunch" starts right now >> i am melissa lee, here is what's on the menu trade tensions rattlingnvestors. what's going to snap the losing streak ceo evans speagle speaking out. and president trump firing back of the immigration of separating children affray from parents "power lunch" starts radight now

. >> live from the nasdaq market site overlooking new york city's time's square, i'm melissa lee tonight on "fast," useless and dirty. words usually heard on an episode of "the real housewives," finding their way into an explosive report from central bank about bit coin. we've got a special report plus, a hot weekend for tesla. another electric vehicle catching fire. and an e-mail from musk to employees that has wall street talking. why does the stock continue to go higher? first, the world cup -- of pain. it's not a win for the global markets around the world some of the largest markets are struggling over the past month. brazil down, china, france, germany all under pressure just like the u.s. is sitting out the real world cup in russia, the s&p 500, up 2% in the past month but that could be trouble too. check out this chart since the fed raised rates and said there would be more ahead in 2018, we have been under pressure down more than 400 points since the highs of that day. so it today telling less about the fears and more about the global sell-off? is the u.s. heading for more pain