. >>> i'm melissa lee and this is "fast money. guy adami, tim seymour lululemon is lower, we'll bring you all the headlines straight ahead. >>> plus new details on president biden's massive infrastructure plan. the expected price tag, $2.25 trillion

. >> i'm brian sullivan in for melissa lee. this is "fast money. tonight's trader lineup. steve grasso, brian kelly, jeff mills and bonawyn and tonight china tech stocks falling hard if you own these do you sell or load up? we'll get answers. stuck in the suez, another attempt to clear the blocked ship failing, economic impact jamming up more than the cargo itself, you need to see the big pop today. and then your chart of the week lutz -- losing half its value since monday and has one trader hitting buy, seeing the value in that name, can you guess wheel bring it to -- we'll bring it to you ahead. all of that, let's begin macro. you heard about the frenzy friday finish. let's check out the tale of the tape the s&p 500, sluggish much of the day. doing nothing. hey, take the day off. nope because then later in the afternoon buyers came in stocks surging right around 3:00 p.m. all of the major averages finishing at their highs of the day and with that gain, not huge, but a gain, the s&p 500 now at nearly 6% this year, not including dividends. let's jump right in. brian kelly.

. >> i'm scott in for melissa lee. this is "fast money. today's trader lineup -- tonight on fast, a bold call on the banks, dony -- tony mcguire on the qualify today plus ford driving higher on the back of a big upgrade. is this the stock to play in the ev space and betting on the march madness could be a slam dunk for gambling we start with fwri fade. the dow and s&p in the red with the nasdaq holding gains. for the week all three major averages now finishing lower rates front and center ten year yield holding above pre-pandemic highs. what's the set up as we head into the final trading week of the quarter? steve, i turn to you, first, this is no big he secret it depends on where rates go. >> that's 100% right, scott. and thanks for being here. haven't seen you in so long. so ratds are definitely -- >> so rates are definitely leading by the head quite frankly and you're seeing the dynamic of people -- investors, trying to get used to buying something they're not familiar with what i mean by that, fang stocks everyone knows what they do. i

melissa lee is in for the half let's get to hq. >> thanks, carl. welcome to the "halftime report." i'm melissa lee in today for scott wapner front and center this hour, the dow hitting new record highs before giving up its gains what is next for the tech trade? which value stocks still look cheap and will stimulus checks that are beginning to go out fuel more gains in the near-term? we'll debate all of that with our investment committee, joe terranova, tiffany mcgee, men shue with wilmington trust and kevin o'leary, chairman of o'shares etfs. an all-star pal today. let's get a check on the markets at this hour as we mentioned, the dow giving up an intraday record. we saw intraday records for the dow, the russell, as well as the transports, but of course faded as the morning progressed. the s&p 500 is coming off its best week since february 5th check out the ten-year know, w are just below 1.6%, 1.599%. steven weiss, i'll open it up with you how are stimulus checks going out, powell later this week how are you feeling about narcotics? >> i think bwe're in the digestive period rig no

. >> i'm melissa lee this is "fast money" today's trader lineup guy adami -- tonight we're all over gamestop stock hitting after hour lows since the early earnings report. the company's call is under way, it is at capacity but we're on it and bring you the highlights. >>> plus light's out at disney sending operators tumbling today. >>> later pete taking the mound to take his pitch on this health care name for your portfolio we'll bring you that name. but starting with the breaking news with intel, josh lipton has the detaylors. >> so intel has is hosting the calls. it it significant. let me bring you the headlines they're announcing manufacturer expansion plans beginning with $20 billion investment to build two new fans or factories in arizona to say this will create 3,000 high-tech jobs, 3,000 construction job and 50,000 long term jobs. the ceo saying in a statement we're setting a course for new era of innovation and product leadership at intel. he says intel is the only company with the depth and breadth of software with package and process with at-scale manufacturer that customers could

. >> i'm melissa lee this is "fast money. today's trader lineup, guy and -- tonight on fast following lennar and crowdstrike. on the move. we're dive into their quarter straight ahead guy is stepping up to pitch his next best idea why he thinks this chip stock is ready to rip. later move over jim rayburn, google him if you don't know him. we're playing the mismatch game, pairing up stock that has nothing in common except one thing, valuation find out which mismatch pairs is the better buy but we start on breaking news with uber. >>> on an sec tieing uber will reclassify uk-base drivers as worker, entitled to certain benefits but not full employees. it will increase uber cost but still adjusting e profit anal -- profitability with trade down two percent. this comes after five years where uber fought to keep independent contractors in the uk it does face other battles around the world in an op ed that was just published the ceo doesn't expect to be pat on the back for his decision but does hope it shows a willingness to change

i'm melissa lee, and this is what is ahead in a few minutes we will look at the 10-year bond market which is something that the investors are waiting for. and then one year after the pandemic has been revealed, the economy turned on its head as investors turned its tech in for contact lists. and now we are looking at the jump from last year as covid shutdown some people online. can that momentum last as some companies reopen. and can that reality last? dom chu has the numbers. >> following up on it, it is green across the screen, and right near the session highs, the dow industrials are up 435 points today, and about 1.5 gains there, and s&p is about shy of one half of 1%. and the performance is thematic at this point in the year, and looking at these two etfs and large cap growth caps and the value stocks. they in orange, and tracking closely for better part of six months now, and then just about, again, a few weeks back, and we have seen a huge underperformance in growth, and outperformance in value-oriented name, and financials and energy, and industrials and that sort of thing, and th

. >>> i'm melissa lee. this is melissa lee. tonight's trader lineup -- guy, karen -- tonight on "fast money" we will tell you why a rush back to eck utahy eck - nike and fedex on the move on earnings, nike call is just kicking off we'll bring all the big headlines. starting with another stock sinking stocks finishing at lows, tech taking it the worse nasdaq down 3% action in the bond market rates rocking higher with ten-year yield touching 1.75%, a pre-pandemic high. tech under performed banks breaking out, not just today in fact, that's been the move, the trade over the past month, so is this the winning trade you stick with guy, what do you say >> i believe so, you know, tim mentioned yesterday when he saw the vix close below 20 it was more of a cautionary tale than anything else and that proved to be correct i do think you stay with this trade because i think it will continue i think it will continue because i'm of the belief rates are going higher i've been pretty stead fast on that for a while you will see two percent ten

. >> i'm melissa lee this is "fast money. tonight on "fast" we are monitoring that big tech hearing on capitol hill. it's entering its 1000000th hour just kidding it's 5th hour. nike under pressure call frs a boycott growing in china and later nadine is gearing up to head to the pitcher's mound, why she thinks the travel related stock could be the ultimate reopening play. we start off with a roller coaster ride on wall street. the dow finishing with a 200 point game the nasdaq was down 1.5%, reversing the finish slightly higher all three finishing in the green. pretty remarkable turn arounds today. what do you make of the action >> first of all, you said put it in the ledger. you're not as nearly as woke as i am if you put it in the block chain, melissa, nobody would have to worry about it i know pk is nodding his head in agreement. that's number one. number two, the market looked extraordinarily vulnerable to me this morning given the comments tim made yesterday, the follow through on the down side it closed below 20 again i

>>> happy friday, options action fans, i'm scott wapner in for melissa lee. we got a big show, here's what's on deck. >> will ups pick up where fedex left off pass the packing tape because professor co is ready to deliver for you. then, playing to win tony zang is laying out all his cards in the casino stock. and a look back and look ahead carter powers through the next leg of the energy trade. why idling could be the best thing for your profit engine right now. it's time to risk less and make more options action starts right now. >> let's get into it right now delivery stocks seeing big gains in the past year as online sales surge to record levels fedex posting big beat on earnings and another in the space ready to deliver big time for investors. the profess y50r kicks it off for us with your call to action. hey, mike? >> yeah so we're looking at ups. it's an interesting situation because we have s&p trading not far off it's all-time highs and epic valuations in a lot of spaces looking at ups this name is trading in a relative count to the market about 17.6

>>> happy friday, "options action" fan, i am brian sullivan in for melissa lee as always, we've got a big show for you on deck. here is what's ahead >> location, location, location. that's what they say about real estate but carter woj says it's more about know wrg you are on the charts he'll explain. then, perhaps you're checking out some local a real estate while walking your new dog, pandemic pets business with a new treat for you to bark up >> finally we're not just shopping "options action" in the u.s., now's the time to look overseas and pick up a little baba it's time to risk less, and make more. "options action" starts right now. >> welcome in, everybody, hope you're having a good friday, wherever you may be. thanks for joining us. as the world attempts to emerge from lockdowns real estate, whether offices or warehouses, is maybe the single biggest industry trying to figure out what the new normal for work looks like from a stock perspective, carter worth thinks most of the major uncertainty is behind it and has charts to prove it that's why we call him the chart master, carte

. >> i'm melissa lee and this is "fast money. steve grasso, won win, pete najarian the chart master says it's time to pull the plug on the energy trade. big winner a handful of names breaking out in today's rally should you stick with that's trades later, virgin galactic, crashing back toe earth we start off with a big rally to end a wild week. stocks surging to the close with averages gaining more than 1.5%, every sector posting gains led by energy. the index started in the green buyers came in strong and it was off to the races rallying throughout the afternoon to close up nearly 2%. the range interday, 120 points, so what drove the bounceback grasso, what do you say? well, i only heard a little bit of your question, but i'm going to go with whatever i think i know about the market right now, because i have a sneaky suspicion that you're talking about market volatility. what we've seen is that switch between value and growth and coming out of growth and into value. it's all about rates, melissa. every one is knee-jerk reaction

. >> i'm melissa lee and this is "fast money. tonight on "fast" we're following major new developments in the wake of that massive hack attack one top security firm issuing a dire warning tonight that hackers could strike again in coming hours also ahead, a handful of big name companies getting inducted into the all time high club. chart of the week. stocks growing 20% since monday and giving new meaning to the term "high flyer." we'll reveal that name coming up >> tech took another tumbling. paypal is down 15% amd, nvidia down sales force down you get to choose your open future in the tech trade are the best days behind us or is this a big old buying opportunity? >> i think the best days are behind for tech. if this is a textbook rendition of why you don't buy growth in a rising rate environment. everyone on the panel has talked about it other panels on the show have talked about it. this is something where what's unbelievable to me, though, melissa is that everyone will rush back in human nature is you only buy what you know. s

. >>> happy friday, "options action" fans i'm scott wapner in tonight for melissa lee. we have a big show lined up for you tonight. here is what is on deck. >> announcer: will u.p.s. pick up where fedex left off? pass the packing tape because professor carl is ready to deliver for you. then playing to wynn tony zing is laying out all his cards on the casino stock. and a look back and look ahead carter worth powers through the next leg of the energy trade why idling could actually be the best thing for your profit engine right now it's time to risk less and make more "options action" starts right now. >> let's get into it right now delivery stocks seeing big gains over the past year as online sales surged to record levels, posting a big beat this week, mike coe says another name in that space is ready to deliver big time for investors the professor, that's what they call him he kicks it off today. hey, mike. >> we're taking a look at u.p.s. this is an interesting situation. we have the s&p here trading not far off of its all-time highs. we're seeing some pretty epic valu

along with melissa lee in a moment, intel making a $20 billion bet on two new chip manufacturing plantsestion that and get answers for you. slowing demand in oil as global lockdowns continue and a possible disruption in the suze canal. we have the

along with melissa lee in a moment, intel making a $20 billion bet on two new chip manufacturing plants in the u.s. but will going all in pay off for the stock? we'll question that and get answers for you. slowing demand in oil as global lockdowns continue and a possible disruption in the suze canal. we have the details as -- and the impact on energy later home decor company at home soaring amid a pandemic rush but can the big begains continue "power lunch" starts right now. >> the nasdaq is lagging down as a rise of bond yielding taking a breather today two biggest dow wenters both up about 3% right now chevron with a boost with 5% boost and tyler mentioned intel, that stock is giving up early gain gains but a number of other chip stocks are rallying but first let's get to steve liesman with the economic recovery of fed chair powell and treasure secretary janet yellen steve? >> providing some hint of a level of interest rates to cause him concern and might prompt that action and said that so far the rise in yields looks to be more linked in the outlook for the improvement in the econom

melissa lee is in for the half >>> thanks, carl, welcome to "halftime report." i'm in today for scott wapner. it's an important quarter with president biden's infrastructure plan in focus and a jobs report this week. >>> plus it's being called once in a decade margin call. we're all over this story. our investment committee today, shannon, chief investment officer at testify -- joe terranova and josh brown we have red arrows across the board, though just fractions of a percent of losses for the dow. the selling once again being focused on the nasdaq composite as well as the russell 2000, which is down 2% for the most we should note the russell is down 1.3% let's get to the committee josh, it looks like continuation of this trend, a questioning of value as well as small caps at this point 9. >> yeah, i guess i just, melissa -- so good to be on with you, by the way. i guess i just don't look at it as growth versus value i look at it as reopening versus not. i really feel that large pools of capital are investing thematically more so than investing on style you'll

along with melissa lee, i'm tyler mathisen form here is the 2:00 p.m. takeout. rising rates wreaking havoc, tech the biggest victim. the nasdaq down more than 1% as it continues to move lower dow moving the other way we'll explore it all rising hates as lack of inventory and siring lumber costs could put more buyers on the sideline rockets, reddit right, the stock until pressure after a reddit-driven rally. we'll look at how bots could be helping to drive the action. "power lunch" begins right now >>> welcome to "power lunch. the federal reserve releasing a snapshot with the latest beige book steve liesman is digging through the details and we'll bring you the headlines. nasdaq with a big decline, down 7% from its record high just two weeks ago. bob pisani has more. >>> thematic etfs is getting hit as well. 3-d cloud computing, and there's kathy woods, arkk, getting hit again, subject to the same forces about the rates higher, elsewhere don't forget that reopening trade. oil comfortably over, and a lot of oil names on this, department, chevron, as well as other

eastern time i will join our host melissa lee and john ford to look at the economic and social challengesing the asian-american community against this backdrop of increasing violence today the exchange will be back after this gohealth has blossomed from an idea in a chicago apartment nearly 20 years ago to a listing on nasdaq today. we help seniors compare and shop for medicare options in their areas using licensed, trusted advisors and an online platform. gohealth has compounded at 52% a year for 20 years. we believe we're just beginning to realize the opportunity to improve access to healthcare for consumers. in peytonville, there's lots of ways to save on auto insurance. really? we believe we're just beginning to realize the opportunity yeah. very proud of that. with smartride® from nationwide, they can get discounts for safe driving. does she get one? mrs. carmichael? safest driver in peytonville. takes a lot of work and effort to be the safest driver in peytonville. what about this guy? with nationwide smartmiles®, the less he drives, the less he pays. the list of inspiring stories g

i'm melissa lee. fed chair jerome powell tries to hold the line. bank stocks are booming. much more on the new rate reality and shake shack doubling down on the digital push with uber eats. the ceo will join us "power lunch" starts right now >>> welcome to "power lunch. while the nasdaq sinks the dow hitting a record high. dominic chu has more on today's action. >> it feels like a decade ago talking about tech and financials being the key parts of the market to drive things. you heard melissa mention 1.754% that was the high intraday so far for the 10-year treasury note yield go back to january of last year for the same level that rate shock is driving a lot of action in the market so far right now. take a look at the parts we mentioned. start with what's happening with technology ap apple shares off 2%. these are off the lows of the session. these four stocks represent a very large chunk of both the s&p 500 and even more so the nasdaq 100 with the decrease in growth stocks and technology driving things look at tesla, zoom video, paypal staggering moves but seeing the pull

thanks i'm melissa lee this is "fast money. tonight's trader lineup guy adami, tim seymour, jeff mills -- following kb home and rh both on the move after earnings, what it says about the health after hours and gamestop to the moon, why one analyst is raising the target on the stock by 1,067%. later, the real money in fake buildings. the virtual real estate market is on fire, cash in on the craze. the nasdaq falling more than 2%. tesla, facebook, netflix apple all dropping shortly check out etf down 6.5% this week. as yields fell today what do you make of all this, guy? >> you know, mel, you just -- it's like your in my head because i was going to start with the russell, it's down 9% since the all-time high we made on that monday march 15th. i'll tell you, we do a call every day at 12:30 and tim seymour came on and said the market was at the high and said it's something i don't like. he turned out to be a soothe sayer. it's like a moby dick page where you book mark a certain page, well book mark this one, a lot of interesting th

. >>> i'm melissa lee. tonight on "fast" we're charting the tech turnaround. one technician lays out the three best looking charts. plus tesla rallying nearly 20% what we spotted in the options markets that could send tesla cruising higher? we start off with a tuesday tech turnaround the nasdaq's urged more than 3.5% today all rallying 3% or more. do these monster moves reflect what's going on? apple versus disney over the past six months. disney is up more than 45% apple is stuck in the mud. investors have been abandoning technology given what's been playing out in the market over the past few weeks, should you believe in today's bounce or do you stick with the trend guy? >> i think it's a bit of a respite. i don't believe the bounce can it last a couple more days i didn't think today would happen at all. i think some of the comments have to do with teper. rates seemed to stop on a dime after his comments although today was a good district attorney, and maybe eel see some follow-through again tomorrow, i don't think this is over by any stretch of the imaginat

. >>> i'm melissa lee. this is melissa lee.tonight on "fast money" we will tell you why a rush back to eck utahy eck - nike and fedex on the move on earnings, nike call is just kicking off we'll bring all the bi

along with melissa lee, i'm tyler mathisen form here is the 2:00 p.m. takeout.s wreaking havoc, tech the biggest victim. the nasdaq down more than 1% as it continues to move lower dow moving the other way we'll explore it all rising hates as lack of inventory and siring lumber costs could put more buyers on the sideline rockets, reddi

now, my colleague -- our colleague melissa lee tweeted this, i just order personal safety alarms andever thought that i would need things like this to feel safe. #stop asian hate. now, another account from a recent hate report, a woman coughs, she then turns to an aapi person, i'm paraphrasing here, she says you and your people are the reason why we have corona. finishes with a refrain i've heard many times, go sail a boat back to your island. if you see this happen, here are some of the resources for all the viewers, you can report at stop aapi website, you can visit the atlanta chapter of asian-americans advancing just and also you can go forum for women and girls. and the massage parlor workers coalition fighting for asian rights. and as the community keeps on saying, please share your story. >> great, richard, thank you. and next we turn the conversation about increasing hate in this country to how we fix it, what even 00 of us can do to make those targeted feel more safe. and we'll take a moment to remember the eight victims killed this week in the spa shootings. that is all com

melissa lee is in for the half >>> thanks, carl, welcome to "halftime report."apner. it's an important quarter with president biden's infrastructure plan in focus and a jobs report this week. >>> plus it's being called once in a decade margin call. we're all over this story. our investment committee today, shannon, chief investment officer at testify -- joe terranova and josh brown we have red arrows across the

. >> i'm melissa lee and this is "fast money. tonight on "fast," a penny for your thoughts on amc the reddit favorite moving higher in the after hours earnings but one dropped a bombshell of a call on this stock. why he sees amc headed to, get this, one penny a share. you heard that right the ultimate bear case coming up plus, gee whiz, ge the company with the idea of a reverse stock split. why some are scratching their heads. and we'll tell you how the traders are playing this one we start with a $1.9 trillion injection to the economy the house passing one of the biggest stimulus bills in history. it includes $1400 payments to most americans this cash injection comes as a growing number of states start to reopen. maryland announcing a roll back of its restrictions. texas and arizona have lifted nearly all their restrictions. as this stimulus rolls out and pgs things start to reopen, where does the money go this time around? guy. >> i'm going to race out to burger king and get a whopper no tomato >> you can do that now, just fyi.

. >> i'm mel melissa lee tonight on "fast," the ugly ducklings in today's record rally. the three dharts didn't look too pretty plus speak of ugly, check out you will that beauty the stock is plunging as the co-announces she's stepping down plus big money details when we start off with what could be the best of times for the market stocks hitting record hierksz stimulus checks going out, virus cases dropping, and then there's this ♪ ♪ never going to give you up ♪ ♪ never going to let you down ♪ ♪ never going to run around and dessert you ♪ ♪ never going to make you cry ♪ ♪ never going to say good-bye ♪ ♪ never going to tell a lie ♪ >>> clearly, this is a fake. it's a fed meenld it's getting a lot of attention now it underscores the fact that no matter what, the fed has got your back. things will get hotter in the economy and the fed is still going to be there. could this be the best of times for the market, guy? >> it's interesting. first of all, what are those things an ear tick that you can't get out of your head you just basically rick-rolled the united states and may

i'm melissa lee. fed chair jerome powell tries to hold the line. bank stocks are booming.e new rate reality and shake shack doubling down on the digital push with uber eats. the ceo will join us "power lunch" starts right now

. >>> i'm melissa lee and this is "fast money. guy adami, karn farnham and james mcdonald tonight on fast, the games are in for the year. warning from mike wilson he'll join us exclusively ahead. plus, boeing takes flight. the stock soaring as one major airline doubles down we'll break down the trade all over the after hours action. shares of zoom, that stock is higher by 9% on earnings as the analyst call gets underway we're on that zoom call, muted of course. we'll bring you all the big headlines. we start off with a bull charge on wall street stocks ripping higher with the s&p 500 heading in the best day since june the dow and nasdaq seeing the biggest gains in four months every single sector finishing firmly in the green led by financials the rally with a pull back in yields big news on the vaccine front. so, guy, 27 points below last week's selloff almost like nothing happened, guy. >> unbelievable. i'd like to think that i know myself decently well who knows really at the end of the day. if i had been with you on friday i wo

. >> i'm melissa lee lee this is fast money money tonight, the chart master says it is time to harvest gains in the tractor trade. he'll break down the chart next, clean-up in isle three target misses the mark we start off with the selloff in big tech the nasdaq falling to finish the day at session lows. big cap tech anling falling 2% today. now down 7% in the month amazon down 1.6% today, now 8%, tesla is down a whopping 21% in the past month are the wheels really coming off the tech trade guy, what i thought was interesting was action it wasn't just the nasdaq closing out. the s&p 500 as well. rates were part of this picture here >> interesting, right. rates were on share, i think pretty much tlt closed it's not part of the picture 1959, i remember this vividly. itches in high school. diana washington sang a song "what a difference a day makes" and it's incredible over the last three or four i'm san diegoing when the market is zagging i couldn't figure out what friday was yesterday is the carry over of the prior two. despite the fact that rates weren't in the picture today, i think t

. >>> i'm melissa lee and this is "fast money. guy adami, tim seymour lululemon is lower, we'll bring you all the headlines straight ahead. >>> plus new details on president biden's massive infrastructure plan. the expected price tag, $2.25 trillion later, a key piece of data showing u.s. consumers are ready to go on a shopping spree. we'll break down the stocks that could see the biggest boost. >>> we start off with -- that's right, there's some risky business going on in the market right now. check out everything in play the most recent example, a hedge fund going bust. there's the bitcoin boom and explosions in trading activity investors are still saying bring it on. 51% of individual investors think the market is still heading higher from here so are we pricing in enough risk guy? >> i know you remember when that movie came out the great tom cruise in his breakthrough role. rebecca de mornay was fantastic, just wanted to get all that out there. is the market rising in enough risk absolutely not vix closed below 20 again on the

plus conversations with experts on the history of asian-american sentiment in america anchored by melissa leeortt, a special 1 hour program wednesday night, 8 eastern, cnbc. >>> remember that plot to kidnap the michigan governor? well, today a judge ordered three men to stand trial in that case prosecutors charged the men with providing material support for terrorist acts, being members of a gang and using a firearm during a felony, but the judge tossed a terrorism threat charge prosecutors say the suspects were part of the wolverine watch men militia group and that they were upset over governor gretchen whitmer's coronavirus restrictions so they allegedly came up with a plan to kidnap her from her vacation home investigators say 11 other men also pliayed a role in that plot >>> she was not popular for her handling of covid but what about women leaders around the world new research next on how nations led by women are handling the pandemic compared to countries run by men. >>> and the cdc extending the federal ban on evictions next, the welcome reprieve for renters that could push many of the

. >>> i'm melissa lee and this is "fast money. tonight's trader lineup, guy, karen and bono game stock going wild again today and the monster move is giving new meaning to the retail trade. we'll explain. >>> and new fallout to the massive hack attack, 30,000 u.s. companies possibly hit the key stocks that could see the most impact. >>> and later taking flight, airline stocks soaring today, why now to be your last best chance to book a ticket on the reopening trade. we start off with the nasdaq falling 2.4% pulling the index into a correction and down more than the closing high. leading today's losses, apple dropping another 4%. it is now down nearly 9% in just the past week. so when you look under the hood of this tech rack, it is not just peloton and zoom, apple widely seen as a more defensive tech play is bleeding billions in market cap. so is apple shooting off major warning flares that a bigger tech sell-off may have be coming guy, we start with you. >> i don't know if it is major warning flares, jim cramer said this for year

now, my colleague, cnbc -- our colleague cnbc host melissa lee tweeted this. i never thought i would need things like this to feel safe. now, another account from a recent-hate report. a woman coughs. she then turns to an aapi person. i am paraphrasing here. she says you and your people are the reason why we have corona. finishing with a refrain i have heard many times. go sail a boat back to your island. all right, alicia, if you see this happen, here are some of the resources for all the viewers you can report at stop aapi hate's website. you can visit the atlanta chapter of asian-americans advancing justice. as well as, you can report and help the georgia families. the national asian-american forum helps aapi women and girls. and fighting for labor rights. and finally, alicia, as the community keeps on saying, please, share your story. >> great. richard, thank you so much. >>> next, we turn the conversation about increasing hate in this country to how to fix it and what each of us can do to help those being targeted feel more safe. >>> we will take a moment

. >> i'm melissa lee in for scott wapner rising rates up again but not alone.er to correction territory, on track to break a five-month winning streak what is working in the market. jenny harrington ceo and portfolio manager. jim lebenthal, josh and pete gentleman theiran. let's check where the markets stand at this hour we have three major averages down, the russell 2000 the rea

. >> i'm melissa lee in for scott wapner rising rates up again but not alone. the reopening floundering, small caps getting closer to correction territory, on track to break a five-month winning streak what is working in the market. jenny harrington ceo and portfolio manager. jim lebenthal, josh and pete gentleman theiran. let's check where the markets stand at this hour we have three major averages down, the russell 2000 the real standout, up 1%, more than reversing the declines we saw yesterday of almost 3% yesterday. the story squarely on the ten-year yield, 1.7722%. pete najarian, i will go to you. should we be worried about rising rates >> i think it really does, for me at least, it really comes down to what sort of a pace are we looking at these rising rates. i think kaquite honestly, we had that big burst, we feel like we're pausing. if we get another burst, i think people will be -- you know, to some degree have a little fear in their hearts. but if it is slow and steady, i think people will be able to embrace this for now so it has been a nice run to t

and xenophobia plus, conversations with experts on the history of anti-asian sentiment in america melissa leejohn ford anchor our one-hour special report. don't miss it tomorrow night 8:00 eastern, cnbc >>> global health experts are warning covid mutations could make current vaccines ineffective. the survey by the peoples vaccine alliance found two-thirds of all experts say we'll need new or modified shots within one year as the virus continues to mutate. fewer than one in eight says that he or she believes the mutations will never make the current vaccines ineffective a number of vaccine developers have already reported that they're creating booster shots that could work better against these variants like the ones first discovered in the uk, south africa, brazil, and now new york astrazeneca facing more questions about its vaccine. health officials in germany are now saying nobody under the age of 60 will get it there. some who received the astrazeneca vaccine reported getting blood clots. the country's health minister says people 60 and older can still receive it despite what they call a sm

. >> imagine melissa lee is co-hosting and anchoring a one-hour special called "the asian experience"ng up right after the news karl is just one of the so many asian-american business owners just struggling so mightily. >> asian-americans are well-represented in the industries that are the hardest hit, and in fact, during the pandemic we've seen a 450% rise in unemployment in asian-americans. and that's mostly because asian-americans are in things like food services, retail, educational services, so the things that were really shut down and hit the hardest as karl had mentioned, asian-americans are dealing with two viruses during the pandemic, covid and the virus of racism. >> that virus of racism, the experts say a lot of that, of what they're facing is really because of misinformed stereotypes. >> yeah, all stereotypes are bad. this one is very pervasive and has become widely accepted, so it's particularly damaging it's the myth of the model minority, basically that we're hardworking, we'll keep our heads down we're successful, we are well-educated, and that really harms us it backf

. >>> i'm melissa lee, and this ""fast money." tonight, back from the brink tomorrow marking one year since the covid bottom we'll take a look at what turned out to be some of the greatest buying opportunities and find out if there is still buys right now. >>> plus, chips and dips, is semis surging today. should you scoop some beaten down names up. later, gearing up for gamestop option traders are making big bets ahead we will break down the action. >>> but we start with a party on wall street. stocks pushing higher to kick off the week with all three major averages finishing in the green. the big winner gaining one and a quarter percent. but could this party be coming to an end? this is spring break in south florida. people packing the streets, things getting so out of hand, miami beach declaring a state of emergency, enforcing curfews and restrictions to limit the partying and crowds. all this as covid cases are back on the rise in half of the country. 27 states reporting a jump new jersey pausing any further reopenings and over

i'm melissa lee, and this is what is ahead in a few minutes we will look at the 10-year bond market whichthing that the investors are waiting for. and then one year after the pandemic has been revealed, the economy turned on its head as investors turned its tech in for contact lists. and now we are looking at the jump from last year as covid shutdown some people online. can that momentum last as some companies

." >> i'm melissa lee and this is "fast money. tonight's trader lineup. tonight on "fast," a tiger cub gets de clawed and taking down shares some of the biggest chinese stocks what is behind the selling could it be over done. plus two social media stocks taking flight. we'll dig into the big moves on facebook and twitter and later music's new frontier, why an opportunity for nft we start on with archegos. they are all down again today. let's get straight to leslie picker >> this is a story that for many on wall street are those who watch it closely, well they say it defied logic. before friday most people have never heard of archegos managed by bill wong he made headlines after paying a multimillion-dollar fine to settle a insider trading case, but other than that wong flew under the radar so you could imagine the shocks that revealed his fund was going through the liquidation amounts to tens of billions of dollars. he faced a multitude of margin calls that caused forced selling in the media and technology names as well as the chinese internet names that

. >> i'm melissa lee lee this is fast money money tonight, the chart master says it is time to harvestee target misses the mark we start off with the

. >>> i'm melissa lee and this is "fast money.d tonight on fast, the games are in for the year. warning from mike wilson he'll join us exclusively ahead. plus, boeing takes flight. the stock soaring as one major airline doubles down we'll break down the trade all over the after hours action. shares of zoom, that stock is higher by 9% on earnings as the analyst call gets underway we're on that zoom call, muted of course. we'll bring you al

. >>> i'm melissa lee and this is "fast money.ck going wild again today and the monster move is giving new meaning to the retail trade. we'll explain. >>> and new fallout to the massive hack attack, 30,000 u.s. companies possibly hit the key stocks that could see the most impact. >>> and later taking flight, airline stocks soaring today, why now to be your last best chance to book a ticket on the reop

. >>> i'm melissa lee and this is "fast money.s straight ahead. >>> plus new details on president biden's massive infrastructure plan. the expected price tag, $2.25 trillion