. >>> i'm melissa lee. this is "fast money. tonight's trader lineup, tim seymour, karen finerman and we'll start off with big breaking news on the banks just moments ago, the fed giving the okay for buybacks, and we're already starting to get banks announcing their plans let's get straight to leslie picker with all the details. leslie >> hey, melissa. in an unprecedented second stress test this year the fed said it will allow banks buying back stocks with limitations after they were prevented from doing so earlier this year jpmorgan has already said its board has authorized a $30 billion buyback program to begin in the first quarter of next year, and that stock popping on the news share repurchases made up about 70% of the industry's capital payout to shareholders pre-covid, but the largest u.s. banks voluntarily suspended buybacks in march as the pandemic-induced shutdowns that roiled the economy and the financial markets. the fed then said in june that all banks subjected to its stress tests were required to halt their buybac

. >> i'm melissa lee this is "fast money. door dash slaying in its public debut. we will bring you the numbers as soon as they cross and starbucks in the move after hours. and later hackers take aim, fireeye hit by a highly sophisticated attack by a foreign government is anything safe >> nasdaq fell for its worst day since october 30th look at some of the big moves for big tech amazon and apple falling more than 2%. is today a pullback or the start of something bigger. tim, i will start with you >> the pullback 14% in eight or nine sessions, we came back to set new highs. none of this should be taken as an alarm semis were down 3% over the last four or five sessions. the door dash and air b & b ring a bell of sorts. zoom, peleton, you name it, they were down significantly. it seemed like everybody took a day off while everybody looked at an absurd, positive for dopoe /* /- for door dash >> i wasn't here yesterday, but i was watching watching y'all all of the time the apparent frothiess in the ipo market i won't cast judgment whether it's froth or ringing the bell

. >> i'm melissa lee and this is "fast money. our newest fast money trader james mcdonald special welcome to james hope you know what you are getting into stocks tumbling after hours on salesforce after they announce plans to buy slack and bio stocks going wild. trading more like bitcoin than biotech. >>> and the story we all needed in 2020. the mcrib is back. we will give you the juicy details. the nasdaq and dow gained. alphabet soared to a new record as we kick off the final months of this year do you keep with the big tech trade? >> what does that mean what he is getting himself into. james mcdonald, i want to say on the sides and behind the cameras, welcome i know we are thrilled to have you and cnbc is thrilled to have you. and i know melissa lee is tlo d thrilled to have you because i believe you both attended harvard. maybe he didn't hear me. >> he said thank you a lot of stocks specifically google, has been carrying finerman for years but can these continue higher, yes. although i am skeptical on the broader market, goog

. >>> i'm melissa lee and this is "fast money. tonight's lineup -- disney shares surging nearly 14% today to an all time high. a simple question, should you buy into this magical move the news that sent the stock up and today's technical take disney telling investors they expect between 230 and 260 million subscribers in the next three years. that's on top of the 86 million they already have. those are the fundamentals carter, you heard that music after today's record run, is this the time for investors to let it go? >> sure. before we look at the charts, it's about who you are in the market there have been plenty of instances where disney has gapped up like this. in 2019 the q 1 move was up. and on vaccine day jumped about 12 but after it jumps it is pretty sideways on a week by week basis. let's look at charts the first is a breakout. everyone agrees it is well recognized, a stock that moves above a well-defined range second chart, look where the stock charpd to the pends at the internal trend line for the last year and a half l

. >> i'm melissa lee and this is "fast money. tonight, grab your passport because we are taking a trip overseas where you can find the next big opportunity for your money and the historic vote in the house that sent cannabis soaring higher and who is taking the countrown this special day stocks hitting all time highs. the s&p 500, dow and nasdaq are at their highest level ever. but the best trade may be emerging far away. the eem is far outpacing the s&p 500 over the last three months a nosedive in the dollar it is at its lowest level since april 18 is it time to rotate out of the u.s. and look abroad for the next big trade, tim? >> it seems like it could be a rerun of creating a globe. these are dynamics we haven't seen in a long time. if you look at where the dollar is if you are investing in emerging markets, the currency is at least 50% of your return profile and high yielding currency is a driver of this reality but it's the turkish and african moneys the blowoff top was around 51.75. i think you have rates moving higher, bu

>>> happy friday "options action" fans, i'm melissa lee. a nice trading lineup. here's what's coming up on the big show >> pop the champagne and prep those puts it's the final "options action" of the year. funny how time decays. so, as we gear up for 2021 tony, mike and carter lay out their ultimate options trades for the new year, but before the ball drops, we've got to get through christmas. bah humbug don't be such a scrooge. tony zhang is the perfect stocking stuffer, the one retail name he's playing for some holiday cheer, and later, tesla is living life in the fast lane. the car company cruising into the s&p 500. so what does that mean for tesla options? professor koh breaks it all down it's time to risk less and make more "options action" starts right now. ♪ rocking around the christmas tree ♪ >> let's get right to it you see the clock and heart music. that's right it's just one week until christmas, and that means it is crunch time for the shippers, but the chartmaster sees some trouble in the transport group as a whole is about to stall carter, take it a

. >>> i'm in for melissa lee this is "fast money. this is trader lineup. tonight on ast, ready, set, price. we are awaiting pricing information on that big door dash ipo it's expected to be one of the biggest of the year. we will bring you the numbers as soon as they cross the wires plus, banks, metals and cars the three best looking charts to play as we head into 2021. and later on, amped up, howard stern is turning up the volume on serioirius xm the deal that sent this stock higher in trading. 11 days in a row the nasdaq 100 etf, that's how many days in a row the qqq has posted gains it is the longest etf this year and sixth day of record highs. so if this is still working where is the nontech cyclical rowcation we have all been waiting for. is there any reason to fight this particular trend and let's start with guy it's the nasdaq. there was a blip in september-october, but nasdaq again. is it at all surprising to you >> welcome always great to have you bringing the energy. if i said to you, dom, nigel, what would you say >> i don't think i would say an

i'm andrew ross sorkin along with joe and melissa lee, becky is off the s&p looking to open about 12oints higher. we'll explain why some of this is happening and let's show you treasury yields as well the ten year note right now looking at 0.931%. but maybe a little bit of an explanation coming up here, melissa? >> yeah, some optimism mitch mcconnell said that compromised deal was within reach and we'll get a live report from washington at 6:30 a.m. and we heard it before, but it seems like btoth sides are comig a little closer. >> on a much lower number. and i'm just thinking about, i don't know, andrew, what did we do to deserve this i mean we are living right or -- i mean, who ushered in the new week on "squawk box" on monday who is helping us usher out the week that was on "squawk box"? a monday and a friday. is this-46 w -- was this planne melissa, what did we do to deserve this >> not wouldby not by me >> how long has it been, stimulus/vaccine i guess the election, although we don't talk about it much here pfizer shares came under pressure late in yesterday's trading session af

. >>> i'm melissa lee and this is "fast money. tonight's landup time to play defense one top technician is finding opportunities in names we will tell you where and solar flare. and why would apple want to get in the car business? what it means for the stock. we start off with a corner of the market seeing serious gains. quantum scape is up more than 500% since august. and today c 3ai is up. and fubo tv is up 130% what do these massive moves say where we are in the markets. dan? >> you just said a corner of the market i would say they cornered the market in euphoria you can tell me why it's different this time. i will tell you why it is no different than in 2000 which led to an epic crash because of bubble valuations. this is not just on the bankers. this is investors chasing this sort of price action which is not particularly natural for all intents and purposes you just mentioned c3. it's dot ai. you mentioned fubo that went public a while ago and this thing is skyrocketing, up 20% a day for the last few days. i have people aski

. >>> i'm melissa lee and this is "fast money. tonight's lineup -- tonight the retail rush is on. just nine shopping days left until christmas. who is going to win this holiday season get ready because we are unwrapping a brand new game. stick around to find out more. it is said it is time to hit the settle button heading into the new year check out these two new stocks deal talks after hours standout stock in today's rally, apple. it is reported they will ramp up iphone production 30%. if you caught the show last wednesday, we discussed the dueling calls out that day on apple. morgan stanley on a buy call and goldman a sell call. looks like round one goes to morgan stanley who wins, guy? >> mel, where were you on march 29th, 1987 i am sure pete knows where he was. >> i would have to look at my planner. >> wrestlemania iii and the feature match was the hulkster against andre the giant and that's what you have going on here i think the first round has gone to andre the giant, in the form of morgan stanley. i am in the morgan stanley camp. pete does a good andre the giant camp, but

. >> i'm melissa lee tonight on fast, break out your winter coats because the market is entering the chill zone that's the message from tommy. and what sent this stock to new all time highs later, if you unground it, will they come? a high stakes show of confidence but are customers convinced it is safe to fly according to one of our traders, check out the yield curve between ten and 2-year treasury. are rates off to the races karen, you flagged this. >> i don't know if it will cross this record rally. we don't want rates to skyrocket too quickly, but it is telling us that the expectation is that the economy will heat up we have seen that in resources sim talks about, have seen it in energy seeing it in the banks even though they are not a giant spread it's indicative of expectation of a heating up economy, maybe also more stimulus i also have a big inflation bet on because i do think there is a chance that inflation gets away from the feds, and i don't know what they would do >> in the shorter to medium time, it has to be a goldie loux it has to be just right? >> not too hot, not to

. >> i'm melissa lee tonight's lineup -- let's get straight to it disney's streaming service front and center and meeting staggering numbers let's go to julie who has all of the details. >> daniel is in charge of the distribution of the content saying that the disputribution model is working 86.8 million subscribers that's up from 73 million announced at the end of the last quarter. and rolling out to latin america and a new distribution deal with comcast, and they said with the likes of apple has been crucial for its growth and a lot of talk about the amount of exclusive content on disney plats ten star war series, 15 live action series as well as pixar they say the key thing about this reorg is that they can be nimble and decide where each one goes on a case-by-case basis they said some movies will go into theaters, but others will be available day by day, screaming at the same time they are in theaters. that may be controversial with theater chains we will see. really setting for the a nimble strategy of distribution, but disney plus is at the aenter of it and in terms of overall nu

. >> that does it for us >> i'm melissa lee this is "fast money. tonight bitcoin goes bonkers, it soars to new record highs. plus tesla, what sent shares into overdrive and later, dan is winding up for a fast pitch, why he says this car stock is driving higher from here that name straight ahead but we want to get to that breaking news from the fda meg? >> the fda just voted, an outside committee of advisers. this vote was 20 in favor, none against one abstention so there could be use authorization as soon as tomorrow or saturday that would trigger 6 million doses going out. and another 2 million expected to go out next week. this is a big moment the more vaccines that get on the market, the more supply for the nursing homes and workers. this is the first product for moderna to get on the market and a brand new technology for both of these companies, moderna and biontech so the second positive vote. >> positive concept for moderna which concept relies on the rni. >> this is fantastic good for moderna we have gone back and forth in terms of the stock

. >>> i'm melissa lee and this is "fast money. tonight's tradier lineup -- tonight on "fast money." the three reasons why he sees another 23% upside for the market next year plus bitcoin soaring above 21,000 for the first time ever and lennar we will bring you numbers as soon as they cross but we start with the fed. j. powell wrapping up the final meeting of the year. who said rates would remain low for a very, very, third very, long time. brian kelly all in what do you do with this information? >> that's the question we have known they have been all in for a long time that's probably why they didn't get that much rate or market reaction from today's news the next step for the fed we have to worry about or think forward is what will happen if the economy does pick up if we get this consumption boom, the vaccine works and everybody gets inoculated and then we get a consumption boom, everybody wants to fly and travel, does that increase inflation. then what does the fed do? they have committed for several years to keep rates low. they may have inflation raise higher at 4% you would st

. >>> ghcood morning, i'm melissa lee along with joe kernen and mike santoli yesterday we notched record closes for all three major indices and we're looking to build on those s&p 500 looking up 19 at the open, dow by 165, nasdaq by 55 taking a look at treasury yields, we do see them moving a little bit lower compared to yesterday. we have the ten year at 0.943% two year at 0.127% >> and the boeing 737 max returning to the skies for paying passengers today. american airlines will carry about 180 passengers from miami to new york this morning phil lebeau will be on that flight and he will join us at 6:30 a.m >> what's capacity and do we know -- is it full capacity how are they doing it, middle seats, what do we know, 180, that's not full, right but that is how many people will be on it have to get to the bottom of this >> phil will have the bottom >> fuller than most planes right now. >> reading the articles and all the scuttlebutt, just so many factors of the confluence of so many different things. you had the whole 737 max problem and then you got covid, so now you are reintroducing it

i'm melissa lee along with jk jk a joer can n er cakernan and mike.he dow jones looking to add about 170 the at open, s&p looks to be up by 26, nasdaq looking to be up by 83 treasury yields edging a little bit higher look at the ten-year yield, 0.955% with the two-year note at 0.125. markets are closed in london, canada and australia in observance of boxing day look at the picture in europe. the dax up by 1.5%, a record high for the dax it is the highest level since about well, it goes way back up 67% since march and of course it's an exporter heavy index so it is benefitting from the last-minute brexit deal last week joe? >> thanks. melissa, president trump signing that pandemic aid bill government funding package into law last night, a few days after suggesting he could veto the bill diana olick joins us more to talk about this. i'm told, you can check my math, diana, that 2020 ends this week. do you know that >> thank goodness. >> can you confirm that? >> i can confirm that. >> this week, we made it well, we're limping along into the end of it, but

i'm melissa lee in for kell evans. here's what's ahead.ber for a record. are we setting off for more gains or did the november jump steal from the santa claus rally? plus, betting big on beauty. sephora will open hundred of shoeps in kohl's stores. and an inside look at just how hard airlines are going to lure back c

in for melissa lee i'm tyler this is "fast money. tonight's trader lineup -- welcome one and all. glad you can be with us, such loving settings, tonight on fast a regime change for stocks heading into 2021, chris harvey will tell us the names he's betting on. palantir stock up 21 percent today alone, we'll tell you the headlines that drove those gains. we'll all over the after-hours action toll brothers and stitch fix stocks are moving. we'll break down the trades straight ahead we start with target practice, folks. looking into next year more firms putting out 2021 s&p forecast it's quite a range, citigroup 3800 three percent higher than now on the s&p at the other send j.p. morgan 4500 about 20 percent upside so folks as we gear up for next year, which camp are you in guy? are you at the low end 3800 or closer to jpmorgan. >> i will tell you what i'm in i love tyler mathison. >> nice to see you. >> you're the man. thanks for being here tyler. tyler, what was that show boldly go where no man -- not "star tr trek" you a fan? >> i never was a fan that's okay. >> nor was i chauvinis

. >>> ghcood morning, i'm melissa lee along with joe kernen and mike santoli yesterday we notched recordall three major indices and we're looking to build on those s&p 500 looking up 19 at the open, dow by 165, nasdaq by 55 taking a look at treasury yields, we do see them moving a little bit lower compared to yesterday. we have the ten year at 0.943% two year at 0.127% >> and the boeing 737 max returning to the skies for paying passengers today. american airlines will carry about 18

i'm melissa lee. check out this rally right now all 11 sectors are in gree green. taking a look at some of the stocks we're watching. salesforce is under pressure for the second day in a row, down about 7% in the last week as it gets set to report earnings after the bell and reportedly to make a deal. and we have exclusive data on how the bitcoin boom is boosting this payment stock first let's get over to bob for more on today's rally. hey, bob >> hello, melissa. good start to a traditionally good month we got talk about a new stimulus plan, janet yellen on the air and, overall, 11 sectors all on the up side. bank stocks leading the way but technical stocks also. no dig selloff in tech that was also a november play there. there's energy you have your value play with banks, energy up you have your growth play with tech, cyclical with industrials up and even more defensive groups, consumer staples on the up side as well. this is what i mean when i say the goldie locks scenario, everybody in the pool. mega cap 10 again. nobody selling it off. other parts of the market

i'm melissa lee along with jk jk a joer can n er cakernan and mike.ones looking to add about 170 the at open, s&p looks to be up by 26, nasdaq looking to be up by 83 treasury yields edging a little bit higher look at the ten-year yield, 0.955% with the two-year note at 0.125. markets are closed in london, canada and australia in observance of boxing day look at the picture in europe. the dax up by 1.5%, a record

. >> i'm melissa lee this is "fast money. tonight on "fast," the headline, defense stocks spiralling into the close. we'll tell you what it is and separate fact from fiction boeing a little luck of the irish today, the big news from ev overseas that sent this stock soaring. what warner bros. did that could mean lights out for the movie theaters opening rally. look at the move in the airlines, delta, united, american jumping 4% or more and weren't alone. cruise stocks were up. casinos up restaurants up but wait a minute, did we forget about what is going on across america with the pandemic? the u.s. just reported more than 2800 deaths in a single day. a new record hospitalizations are at an all time high at america's second largest city, los angeles, just ordered all its residents to remain in their homes. as america shuts back down, the reopening rally seems to be raging on. so what's going on here, tim >> well, look, the numbers are sad, they're shocking, and they continue to look like that should be all we care about for th

i'm melissa lee in for kell evans. here's what's ahead. bulls taking charge to kick off december for a record. are we setting off for more gains or did the november jump steal from the santa claus rally? plus, betting big on beauty. sephora will open hundred of shoeps in kohl's stores. and an inside look at just how hard airlines are going to lure back corporate travelers as they try to cut into their cash burn. let's start with the market movers and dom chu. >> reporter: you would think after the best month for the dow since january of '87 that things would temper off just a little bit here but, no, we've got a nice green screen across the board. dow industrials up 260 points, off the highs of the session we were up more than 400 points or the opening bill so 1% gains. 1.25% gains, 3667 for the s&p and the nasdaq reassuming that pole position, that leadership spot, up 1.33% 1257 for the last trade on the composite index. one of the big themes that shaped up over the last month is the real outperformance of small-cap stocks versus large-ca

i'm melissa lee. tonight the most astounding price action one of our traders has seen in 25 years what this stock did and why it caught his attention what happens when people start going back to the office we will ask. >>> and another bonus hour of "fast money" coming up at the top of the hour. send us your deepest burning questions and we will try to get you answers. moving two directions and telling one story. the dollar hitting a 52-week low. bitcoin with a new record high what does this say about the market guy adame. >> hi, mel >> hi, guy >> it says the dollar is going to continue to go lower. jerome powell is a huge "fast money" fan i know he's watching and i will congratulate him on torching the u.s. dollar. i think the movie has just got started. the flip side will be that everybody is on this side of the boat and too crowded it has been there is a possible 20% down and resource trade, freeport on top of a huge couple months. pan american silver back above the 35 level tim's rio didn't go anyw

. >> i'm melissa lee this is "fast money. tonight on fast everyone loves a comeback story, but which of this year's stocks comebacks can keep up the momentum and a value investors dream. recently sold off stock that one of our traders is adding to their portfolio. all week long we have a bonus hour of fast send us your deepest burning questions and we will try to get you some answers with the markets trading at a near all time high, where can you find opportunities not all stocks are created equal. sapp s&p is up 15%, but 200 stocks within it are down this year check out these stocks -- what do you do when you are looking for value, guy, do you look at these losers >> first of all, don't we have to wish barbara ann, this is her first foray onto the desk. one of might famous shows is a movie starring nick nolte. his nickname was b.a. so in honor of that i think barbara ann's name should be b.a >> i think and hope that's a compliment >> you get a nick make -- think about it >> anyway, back to the original question >> what was t

. >>> i'm melissa lee and this is "fast money. tonight's trader lineup -- tonight on fast markets rally with indices record close are we at risk a burst, saying no, plus fubo flop coming out in a big way, headline that did it and what is to say about speculative names seeing the biggest surges this year. there's a bonus hour of "fast money" at 6:00 p.m do you have questions how to set up your portfolio in the 234u year, tweet us at c nbc "fast money. you may see answers live on air. >>> first, president trump signed stimulus bill into law giving life line to americans and avoiding government shutdown. we want to look back at words that define 2020 and market action that we saw dan, we want the to start with you, go ahead, what's your word? >> well, mine's an acronym, , e and amazon, they are 47% of the nasdaq and -- some of the biggest names. microsoft with $3 trillion market cap up 150% from march and up 85% year-over-year. second year in a row up 85% year-over-year when you look at these four names sadly they were made for this

. >> i'm melissa lee tonight on fast, break out your winter coats because the market is entering the what sent this stock to new all time highs later, if you unground it, will they come? a high stakes show of confidence but are custom

. >>> i'm melissa lee and this is "fast money. guy adami, tim seymour, and nadine martin.aol this high flyer could be in for a reckoning harkening back to the dotcom bust. fireeye rebounding from the hack earlier in the month and plus we knew tech goesch

. >>> i'm in for melissa lee this is "fast money. this is trader lineup.t, price. we are awaiting pricing information on that big door dash ipo it's expected to be one of the biggest of the year. we will bring you the numbers as soon as they cross the wires plus, banks, metals and cars the three best looking charts to play as we head into 2021. an

. >> that does it for us >> i'm melissa lee this is "fast money.s bonkers, it soars to new record highs. plus tesla, what sent shares into overdrive and later, dan is winding up for a fast pitch, why he says this car stock is driving higher from

i'm melissa lee.ight the most astounding price action one of our traders has seen in 25 years what this stock did and why it caught his attention what happens when people start going back to the office we will ask. >>> and another bonus hour of "fast money" coming up at the top of the hour. send us your deepest burning

. >>> i'm melissa lee and this is "fast money. guy adami, tim seymour, and nadine martin. tonight on "fast" the next aol this high flyer could be in for a reckoning harkening back to the dotcom bust. fireeye rebounding from the hack earlier in the month and plus we knew tech goes old school. the report that sent shares of high flying zoom dropping today. don't forget we've got a special bonus bonus edition of "fast money" today. you can tweet us, we just might answer them live on the air. we start off with a major move in yield the spread between 5 and 30 year treasuries hitting the highest level in more than 40 years on hopes of brexit deals in sight the possible passage of stimulus hit three years' high. british surging above the dollar check out some of the gainers after strong starts to the week. what play will yield you the most, guy? see what i did >> what play will -- oh, yeah. yes. you know, it's well spent money on that harvard education, melissa. i have no doubt that you're basking in the afterglow of such a brilliant -- what do they call that a pun? >> anyway. >

in for melissa lee i'm tyler this is "fast money. tonight's trader lineup -- welcome one and all.ght on fast a regime change for stocks heading into 2021, chris harvey will tell us the names he's betting on. palantir stock up 21 percent today alone, we'll tell you the headlines that drove those gains. we'll all over

. >> i'm melissa lee tonight's lineup -- let's get straight to it disney's streaming service front andrs let's go to julie who has all of the details. >> daniel is in charge of the distribution of the content saying

. >>> i'm melissa lee and this is "fast money.urging nearly 14% today to an all time high. a simple question, should you buy into this magical move the news that sent the stock up and today's technical take disney telling

. >>> i'm melissa lee and this is "fast money. tonight's tradier lineup -- tonight on "fast money."easons why he sees another 23% upside for the market next year plus bitcoin soaring above 21,000 for the first time ever and lennar we will bring you numbers as

. >> i'm melissa lee this is "fast money. door dash slaying in its public debut.ring you the numbers as soon as they cross and starbucks in the move after hours. and later hackers take aim, fireeye hit by a highly sophisticated attack by a foreign gove

. >>> i'm melissa lee and this is "fast money.onight's trader lineup -- tonight on fast markets rally with indices record close are we at risk a burst, saying no, plus fubo flop coming out in a big way, headline that did it and what is to say about speculative names seeing the biggest surges this year. there's a bonus hour of "fast money" at 6:00 p.m do you have questions how to s

. >> i'm melissa lee this is "fast money.ryone loves a comeback story, but which of this year's stocks comebacks can keep up the momentum and a value investors dream. recently sold off stock that one of our traders is adding to thei

. >>> i'm melissa lee and this is "fast money.ight's landup time to play defense one top technician is finding opportunities in names we will tell you where and solar flare. and why would apple want to get in the car business? what it means fo

. >> i'm melissa lee and this is "fast money.cial welcome to james hope you know what you are getting into stocks tumbling after hours on salesforce after they announce plans to buy slack and bio stocks going wild. trading more like bitcoin than biotech. >>

bell," happy new year, everyone here's to a healthy and happy one, "fast money" begins now >> i'm melissa lee and this is "fast money. happy new year's eve, everybody. trader lineup for the final show of the year, brian kelly, mike cohen, james mcdonald. it may be new year's eve, but times square looks a lot different from what we're used to we'll talk to the ceo of one restaurant group that used to be at the center of the action about how he's had to reset his plans and his outlook for the industry >>> and a look at a couple

. >>> i'm melissa lee and this is "fast money. tonight's lineup -- tonight the retail rush is on.eft until christmas. who is going to win this holiday season get ready because we are unwrapping a brand new game. stick around to find out more. it is said it is time to hit the settle button heading into the new year check out these two new

. >>> i'm melissa lee. this is "fast money.d we'll start off with big breaking news on the banks just moments ago, the fed giving the okay for buybacks, and we're already starting to get banks announcing their plans let's get straight to leslie picker with all the details. leslie >> hey, melissa. in an unprecedented second stress test this year the fed said it will allow banks buying back stocks with limitations after they were prevented from doing so earlier this year jpmorgan

. >> i'm melissa lee this is "fast money. spiralling into the close. we'll tell you what it is and separate fact from fiction boeing a little luck of the irish today, the big news from ev overseas that sent this stock soaring. what warner bros. did that could mean lights out for the movie theaters opening rally. look at the move in the airlines, delta, united, american jumping 4% or more and weren't alone. cruise stocks were up. casinos up

. >> i'm melissa lee and this is "fast money.re you can find the next big opportunity for your money and the historic vote in the house that sent cannabis soaring higher and who is taking the countrown this special day stocks hitting all time highs. the s&

bell," happy new year, everyone here's to a healthy and happy one, "fast money" begins now >> i'm melissa lee and this is "fast money. happy new year's eve, everybody. trader lineup for the final show of the year, brian kelly, mike cohen, james mcdonald. it may be new year's eve, but times square looks a lot different from what we're used to we'll talk to the ceo of one restaurant group that used to be at the center of the action about how he's had to reset his plans and his outlook for the industry >>> and a look at a couple of names that are setting up for a big year ahead >>> plus, the general is winding up for a fast pitch, why he thinks this bio tech stock is ready for a big bounce. >>> one more super sized edition of "fast money" coming your way. tweet us @cnbcfastmoney. another set of records, the s&p closing the year at an all time high for the first time since 2013 the index up 16% on the year most of 2020's games coming from a trio of stocks, amazon, apple and microsoft. they are responsible for 57% of the market rise. eye popping return, tesla up 743%, peloton up 434%. zoom up almo