. >> speaking of gamestop, bed bath & beyond, amc, some of the reddit revolution stocks as melissa leels them, how do you see those impacting the market over the next week even because we don't really know when this whole thing is going to wrap up >> sure. it's a great question. i think it impacts, you know, the brokerage firms that are, i guess, quote enabling the trading, and they're going to have to figure out how to, you know, watch their own balance sheets, and you know, make sure there's liquidity for their counter parties and the clearinghouses i don't think it affects the market i mean, i think that, you know, i think i heard gamestop was the largest holding in the russell 3,000 at some point. anyone buying or selling game stop is aware of the casino environment that surrounds that. i don't really see, i think what affects the market is vaccination time lines and, you know, not so much even in the u.s., but i think globally, i think the eu is struggling and south africa and many other countries, so i think that -- i think gamestop is fun to think about because it kind of came o

. >>> hi i'm brian sullivan in for melissa lee. this is "fast money. steve, barb and it's a big show. tonight on fast, j and j delivering will this be the game changer that markets, humanity has been looking for. could it blow from robin hood derailed a crypto rally. and did reddit rebellion on wall street money we've got you covered an hour, 6:00 p.m. eastern. deep impact it is having on the business of short selling as well as the overall markets. welcome, everybody it has been a wild week on the street of dreams we're going to dive deep into the specifics of this crazy week of stocks. let us start macro and the big selloff. the s&p 500 sum bling just under 2% today the dow, down more than 2% first time they've lost 2% on a friday since all the way back in early june of last year. overall this was the worst week for the markets since october. many of the biggest of the big getting a little bit smaller today. investors selling what's salable, maybe to raise crash. apple down more that 5% this week test ha, microsoft, facebook and others getting sold o

. >>> i'm melissa lee, and joining us is jeff grasso and the rest of the guys. and so we are geared up for a huge slate of earnings in the week ahead. look at the big names reports, tesla, apple, 3m and facebook. and we are give you a key thing to watch when they report. and later, gamestop won't stop, and the stock is surging another 51% today but there is big drama surrounding the record run. we will tell you about it. >>> we start with big news at the white house. president biden is going to raise the minimum wage to $15, but it could have a ripple effect on the economy and steve liesman has the details. steve? >> thank you, melissa. since the first minimum wage put in place since 1890, and it has been studied with others debated fiercely with politicians and business channels. and here currently earning the $7.25 and that is over 6 million, and leisure and hospitality with most folks in that business and most of them waiters and waitresses and education and health services followed by retail and trade and then of course, the public sector where a bunch of th

. >> i'm melissa lee and this is fast money steve grasso, brian kelly, jeff mills and nadine, ceo of sole steen capital. the chart master is out with a big warning on the banks carter worth says it's time to save the financial straight ahead plus volunteer popping and the stock breaking out today one of our advisors say it's just getting started five stocks gaining nearly a fifth in value in five days. we'll bring you the names. we start with a look at the big wave of bank earnings. it is officially earnings season and it's off to a rocky start. wells fargo, j.p. morgan, citi posting in the red citi mix, wells fargo, that was a miss bank of america, goldman sachs on to report next week given today's action, is there more pain coming for the financials let's use the example of j.p. morgan it was a good quarter. the stock was up 36% in the three months going into the quarter, though. is that the problem with the banks at this point? >> yeah. i think that's clearly the problem. there's nothing wrong with their erpgs, necessarily, but the stock that is run up so much before the season. i

. >> i'm melissa lee and this is "fast money. tonight's lineup -- the last straw social media companies blocking president trump from posting to his account after a mob of supporters entered the white house. and you will hear from one of the most high investors. and micron, fresh commentary from the call. >>> but first another record day for the market s&p, nasdaq and dow with all time highs the vix remaining in check at its highest level since late march. all of this playing out on wall street as this plays out in america. 40 criminal cases have been launched in the wake of yesterday's siege. there have been resignations the democratic leader of the house and senate calling for the president to step down immediately following one of the darkest days in history. is this more proof that this record rally is strong guy? >> 100%. proof positive i am not tending to be bullish because i am anything but. but we play this game from time to time. if you said all of the things that were going to take place yesterday and said, guy, given t

. >>> i'm melissa lee. this is "fast money. happy new year welcome to the trader lineup tonight on fast, stocks kicking off with a bit of a hang over. and one saying you should by the dip. plus tesla investors living the fast lane as the stock moves to all-time highs should ride this record high later, it's a big market day tweet us at cnbcfastmoney. you might hear from us we kick off with s&p 500 dropping 1.5%, the worse start the year since 2016. the selling was widespread risk on, rirvsk off tech, industry real estate. -- metal jumping to its highest level in two months. as we kick off the new year in the reds should investors brace for more pain ahead. happy new year, guy. >> happy new year. -- should they brace? yes. i thought they should be bracing for a long time now. i'm probably the wrong one to ask. i will say this, on december 21 vix went from 21.5 to 30 in pretty much a straight line on a day the dow was down 400 points and closed marginally, today same thing, went from 21 to 29.5 in a straight line that's concernin

. >>> i'm melissa lee, and this is what is coming up on "the exchange." busy day, and this is anomaly, if you missed the beat, you rally and if you didn't, you will drop. and we will talk about the spac takeovers, and the most compelling story in what bud is doing something it has not done in decades. and dom has a new story. >> and like you pointed out, melissa, it is the busiest time in earnings, and we have 100 stocks reporting this week, and 134 of them dow components. and speaking of the 13 dow stocks, underperforming but well off of the session lows and down one-third of 1%, and so the s&p 500 is flat on the day, and the nasdaq had been outperforming and still is, but up one-third of 1% at this stage. looking at the big themes over the last several months developing, and melissa mentioned the spacs and those special acquisition companies, and they had been tracking closely with the s&p 500 and look at the line, bigger and bigger and the divergence is the widest level that we have seen over the last 12 month, and the ipos and the new issuance is outp

. >> we're out of time >> they are all relevant >> i'm melissa lee and this is "fast money. tonight on "fast," the house votes to impeach >> without objection, the motion to reconsider is laid upon the table. >> a new fallout this hour falling that historic vote in congress to impeach president trump for the second time. we are live in washington with the latest plus, intel surging as the company announces a new ceo. we'll debate later, pete is going to the mattresses why he says you shouldn't sleep on this stack. he's taking the mound on soft wick johnson yarnd johnson's covid vaccine, let's go to meg derrell with details meg? >> melissa, these are more results from johnson & johnson's phase two. it is not get highly anticipated phase three but those are due within weeks these results give us a reassuring look at what the results are likely to look like. this is the shot that's just one dose this is what they're testing here that would be a game changer what they found in the phase one/two study, that after a single shot, 90% of people got it after day nine. stable up to da

i'm melissa lee. cramer is off tonight but we're all over the earnings.le, facebook tesla on the move after reporting results tesla's call kicks off in less than 30 minutes. we'll be on it and break in with headlines. we'll get to the earnings in ra moment but we have to start with the brutal sell off. stocks plunging into the close with the s&p falling 2.5% and the sell off taking no prisoners. the big drop comes as we saw more out sized moves from some of the most shorted stocks in the market, game stop, amc

. >>> i'm melissa lee and this is "fast money. tonight's trader lineup. tonight on "fast," the record rally taking a breather. the banks kick things off at the end of the week. we'll break down the key things you need to watch. >>> plus, a crypto crash bitcoin falling 13% today. one analyst has a way to play it he said this payment stock will thrive even if bitcoin continues to dive. we'll bring you that name. the chair woman is taking the mound to pitch her next best name we start off with new fallout this hour to the growing social media crackdown on president trump and his supporters more big names joining the list of tech companies blocking or limiting trump's accounts after last week's capitol hill riots now facebook and airbnb just announcing new measures ahead of the inauguration airbnb saying it will ban guests associated with hate groups. facebook will stop and take off all content with the hashtag of stop the steal we saw twitter fall disproportionally to its rivals down 6.5%. angela merkel said this is a problem if these companies decide who ca

"fast money" start rts now >> i'm melissa lee tonight on fasup, gm plugs into the commercial ev market how traders are playing the v move next, netflix doubling down on content. we'll debate all over kb home's stock popping on result. the conference call is just getting under way. we'll bring you the hot housing headlines. we start off with a question, a simple question. what would you say if i told you a stock has risen nearly 25% in the laps seven trading sessions? that's every session of this young year you might call it eye popping or momentum driven. well, that's exactly what has happened with the ten-year treasury yields have jumped since the start of the year, nearly hitting the 1.2% mark today, highest level since last march, so is this move worrying or is this perhaps a sign that the economy is on its way back guy, start with you. >> well, i think you know my answer i think it's absolutely worrying i think it's a sign that the economy's maybe improving or there's this pent-up demand or this money in the system, but i also say that bond volatility, if you recall, in early 2020,

. >> i'm melissa lee and this is "fast money. guy adami, karen seymour polls closing in georgia in less than two hours from now in two key senate runoffs we'll break down what's at stake for your money. >>> plus we'll tell you what sent these names into overdrive. mcdonald's tripling down in the fast food chicken wars we're digging in straight ahead. >>> we start off with a big breakout in big energy crude oil surging 5% close above $50 a barrel the move driven by saudi arabia shocking the market by unexpectedly cutting production. energy stocks rallying along with the commodity the xle etf posting its best day in more than a month the chart master says beware of this big breakout. we want to go straight to the chart master, carter worth carter, happy new year >> happy new year, melissa, thank you. well, just three charts. the first, take a look i've drawn one line here what we would character this as is a rally to a difficult level. meaning with today's strength just slightly over 50 before backing away, wti undid all of its wea

i'm melissa lee. cramer is off tonight but we're all over the earnings. apple, facebook tesla on the move after reporting results tesla's call kicks off in less than 30 minutes. we'll be on it and break in with headlines. we'll get to the earnings in ra moment but we have to start with the brutal sell off. stocks plunging into the close with the s&p falling 2.5% and the sell off taking no prisoners. the big drop comes as we saw more out sized moves from some of the most shorted stocks in the market, game stop, amc and express 23.7 billion shares. the highest since 2007 was today a big warning shot to investors the wheels could be about to come off this rally dan, what do you think dan nathan joins us. >> hi. mel, hi, "mad money" crew. great to be with you listen, this was the sort of day a lot of investors were bracing for in a way i think the last couple months had been kind of easy path when you think about it there was a lot of uncertainty that was taken out of the way. we knew there would be big fiscal stimulus on top of the stimulus we got in q 4 of

. >>> i'm melissa lee and this is "fast money. tonight on fast, a regime change on wall street those words from noted investors as names like gamestop continue to rift higher look at the moves in the after hours session. we'll get tom's take on the reddit rebellion. >>> plus, sizzling hot, beyond meat soaring today the big deal that sent shares towards an all time hour stick around for a bonus hour of "fast money. if you've got any investment questions, tweet u us @cnbcfastmoney. all three stocks on the move in the after hours session after reporting results. w we've got full team coverage kate rogers is at&standing by on starbucks. more on microsoft's big quarter. josh. >> for microsoft these are strong beats across the board, not just the bottom and the top, but look at these segments revenue and productivity and business processes, 13.4 billion that was an increase of 13%, better than expected within that office 365 commercial revenue growth, 21%, 20% constant currency. intelligent cloud segment 14.6 billion, also a beat. withi

. >> i'm melissa lee, and this is "fast money. tonight on "fast" the reddit rebellion. game stop, blackberry, irobot and amc blasting off as a army of retail traders take it to reddit and pile into names we'll break down what's behind the trend and getting ready for a huge slate of earnings which got us in the mood for a good old-fashioned trade it or gave it call it the burrito bowl, a big news out of chipotle that could be a total touchdown for investors. start off today with a all-time high at apple. the stock up 80% in the past year the do you buy this ahead of the report tim, you're shaking your head. i barely got the question out of my mouth the. >> it was really more just the extraordinary move here, and there were a couple of upgrades and there's a sense here that actually sell side consensus is like the relative to the buy side who is probably 10% higher both on revs and eps the multiple on a forward 12-month is now 3 is times, and -- and, yet, look, i think there's a lot of levers for the company to pull here, and i don't think they really care about pulling l

. >>> i'm melissa lee, and this is what is coming up on "the exchange."s is anomaly, if you missed the beat, you rally and if you didn't, you will drop. and we will talk about the spac takeovers, and the most compelling story in what bud is doing something it has not done in decades. and dom has a new story. >> and like you pointed out, melissa, i

. >>> hi i'm brian sullivan in for melissa lee. this is "fast money.s a big show. tonight on fast, j and j delivering will this be the game changer that

. >> i'm melissa lee and this is "fast money.onight's lineup -- the last straw social media companies blocking president trump from posting to his account after a mob of supporters entered the white house. and you will hear from one of the most high investors. an

. >>> i'm melissa lee and this is "fast money. those words from noted investors as names like gamestop continue to rift higher look at the moves in the after hours session. we'll get tom's take on the reddit rebellion. >>> plus, sizzling hot, beyond meat soaring today the big deal that sent shares towards an all time hour stick around for a bonus hour of "fast money. if you've got any investment qus,

. >> i'm melissa lee, and this is "fast money. tonight on "fast" the reddit rebellion. amc blasting off as a army of retail traders take it to reddit and pile into names we'll break down what's behind the trend and getting ready for a huge slate of earnings which got us in the mood for a good old-fashioned trade it or gave it call it the burrito bowl, a big news o

"fast money" start rts now >> i'm melissa lee tonight on fasup, gm plugs into the commercial ev market move next, netflix doubling down on content. we'll debate all over kb home's stock popping on result. the conference call is just getting under way. we'll bring you th

. >> i'm melissa lee and this is "fast money.ing in georgia in less than two hours from now in two key senate runoffs we'll break down what's at stake for your money. >>> plus we'll tell you what sent these names into overdrive. mcdonald's tripling down in the fast food chicken wars we're digging in straight

. >>> i'm melissa lee and this is "fast money. tonight's trader lineup.ight on "fast," the record rally taking a breather. the banks kick things off at the end of the week. we'll break down the key things you need to watch. >>> plus, a crypto crash bitcoin falling 13% today. one analyst has a way to play it he said this payment stock will thrive even if bitcoin continues to dive. we'll bring you that name. the chair woman is taking the mound to pitch her next best name we start off w

. >>> i'm melissa lee. this is "fast money. year welcome to the trader lineup tonight on fast, stocks kicking off with a bit of a hang over. and one saying you should by the dip. plus tesla investors living the fast lane as the stock moves to all-time highs should ride this record high later, it's a big market day tweet us at

and they had an enormous market cap this is speculators playing around >> announcer: here now is melissa lee> great to have you with us tonight. let's get right to it. joining us for the hour, cnbc contributors dan nathan and courtney gibson. and we have a very big interview coming your way. the ceo of robinhood will join us in just moments meantime, as we come on air tonight check out shares of gamestop they are rallying on the news that robinhood will allow limited buys at tomorrow's open on that stock and others this comes after robinhood and other retail brokerages restricted trading on those high-flying names during today's regular session. our next guest is calling those new restrictions on trading un-american. joining us now is morgan creek digital assets founder anthony pompliano. anthony, great to have you with us tonight >> absolutely. thanks so much for having me >> what's so un-american about this >> look, obviously this has been building for a while, right? and i think that there's a bunch of investors who believe that they've been punished as savers through the devaluation of t

. >> i'm melissa lee and this is fast money steve grasso, brian kelly, jeff mills and nadine, ceo ofbig warning on the banks carter worth says it's time to save the financial straight ahead plus volunteer popping and the stock breaking out today one of our advisors say it's just getting started five stocks gaining nearly a fifth in value in five days. we'll bring you the names. we start with a look at the big wave of bank earnings. it is officially earnings season and it's off

. >>> i'm melissa lee, and joining us is jeff grasso and the rest of the guys.huge slate of earnings in the week ahead. look at the big names reports, tesla, apple, 3m and facebook. and we are give you a key thing to watch when they report. and later, gamestop won't stop, and the stock is surging another 51% today but there is

. >> we're out of time >> they are all relevant >> i'm melissa lee and this is "fast money.mpeach >> without objection, the motion to reconsider is laid upon the table. >> a new fallout this hour falling that historic vote in congress to impeach president trump for the second time. we are live in washington with the latest plus, intel surging as the company announces a new ceo. we'll debate later, pete is going to th

well it appears that the shaman whose real name is jacob chan's lee is not exactly handling incarceration all too well melissa blaze is a journalist for a.b.c. 15 out of arizona reports that according to jacob's mom. he hasn't eaten since friday because the detention facility won't feed him all organic food. yes the big bad q. and sharma is worried that prison food will give him a really bad tummy ache. and they call activists on the left snowflakes and while little jacob will soon be a hilariously health lariats but note in future history books that doesn't mean that right wing extremism here in the united states is a laughing matter the wall street journal recently reported the president elect joe biden declared that he plans to make a priority of passing a law against domestic terrorism and he has been urged to create a white house post overseeing the fight against id law ideologically inspired violent extremists and increasing funding to combat them not long after hearing biden's announcement on domestic terror laws c.n.n. and the rest of corporate media suddenly began reporting that according to an f.b.i

well it appears that the shaman whose real name is jacob chan's lee is not exactly handling incarceration all too well melissa blaze is a journalist for a.b.c. 15 out of arizona reports that according to jacob's mom he hasn't eaten since friday because the detention facility won't feed him all organic food. yes the big bad q. and. is worried the prison food will give him a really bad tummy ache. and they call activists on the left snowflakes and while little jacob will soon be a hilariously hit health area split note in future history books that doesn't mean that right wing extremism here in the united states is a laughing matter the wall street journal recently report of the. president elect joe biden declared that he plans to make a priority of passing a law against domestic terrorism and he has been urged to create a white house post overseeing the fight against idol ideologically inspired violent extremists and increasing funding to combat them. not long after hearing biden's announcement on domestic terror laws c.n.n. and the rest of corporate media suddenly began reporting that according to an f.b.i. bu