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Mar 21, 2023
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i'll hand it over to melissa lee who is doing "the halftime report" today. melissa? "the halftime report." i'm melissa lee in for scott wapner. front and center this hour, what is at stake for your money as the fed kicks off a critical two-day meeting. the investment committee making big moves as the bank crisis continues to unfold. joining thus hour to discuss, stephanie link, josh brown, and jim lebenthal. also with us steve liesman. we want to get a check of the markets here as dom and sara
i'll hand it over to melissa lee who is doing "the halftime report" today. melissa? "the halftime report." i'm melissa lee in for scott wapner. front and center this hour, what is at stake for your money as the fed kicks off a critical two-day meeting. the investment committee making big moves as the bank crisis continues to unfold. joining thus hour to discuss, stephanie link, josh brown, and jim lebenthal. also with us steve liesman. we want to get a check of the markets...
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Mar 9, 2023
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in for melissa lee, i'm tyler mathisen welcome to "fast money." on the desk tonight, tim seymour. he's really on the desk, here with me, the two lonely. julie beals, jeff neil and guy adami, welcome to everything thank you for letting me join you, we start with the brick breakdowns the regional bank index down today falling to the lower level since january 2021 svb financial leading the losses, off more than 60%, lowest level in nearly seven years, losing $161 a share the stock the work performers in the s&p 500, a factor of four, the losses come after the company said it was looking to raise capital, to help offset losses from recent bond sales. the rising interest rates over the past year have depleted the value of bonds, of course, sparking concerns over just how much the company's securities holdings are actually worth. maybe even more concerning, it wasn't just the smaller lenders that got hit all seeing outsized losses today of 5.5 to 6.5% or so, adding to what's already been a rough month for the starts all of this taking a toll on the broader market as well the major avera
in for melissa lee, i'm tyler mathisen welcome to "fast money." on the desk tonight, tim seymour. he's really on the desk, here with me, the two lonely. julie beals, jeff neil and guy adami, welcome to everything thank you for letting me join you, we start with the brick breakdowns the regional bank index down today falling to the lower level since january 2021 svb financial leading the losses, off more than 60%, lowest level in nearly seven years, losing $161 a share the stock the...
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Mar 21, 2023
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i'll hand it over to melissa lee who is doing "the halftime report" today. melissa?>>> thanks, sara. welcome to "the halftime report." i'm melissa lee in for scott wapner. front and center this hour, what is at stake for your money as the fed kicks off a critical two-day meeting. the investment committee making big moves as the bank crisis continues to unfold. joining thus hour to discuss, stephanie link, josh brown, and jim lebenthal. also with us steve liesman. we want to get a check of the markets here as dom and sara point out, we're up by 0.7 on the nasdaq. we're seeing a little bit of a continuation of strength and technology. the rally we're seeing in regional bank stocks today as well as in small caps and mid cap stocks. how are we positioning ahead of the fed, steph? >> how are we positioning? it's really challenging at this point, right, because usually the fed does not like to have uncertainty going into a meeting and a decision, and we have it in spades because we just don't know what's going to happen with the banks. we're going to talk about my moves in
i'll hand it over to melissa lee who is doing "the halftime report" today. melissa?>>> thanks, sara. welcome to "the halftime report." i'm melissa lee in for scott wapner. front and center this hour, what is at stake for your money as the fed kicks off a critical two-day meeting. the investment committee making big moves as the bank crisis continues to unfold. joining thus hour to discuss, stephanie link, josh brown, and jim lebenthal. also with us steve liesman. we...
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Mar 24, 2023
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to melissa lee and "the halftime report." >>> welcome to "the halftime report." i'm melissa lee in for scott wapner. front and center fears out of europe spilling into the u.s. market. our investment committee is standing by. joining us for the hour steve weiss, joe terranova and rob sechan. another potential bank blow-out. deutsche bank cds, fears into the banking sector. all the big banks in the red right now clearly signaling fear over the future. just moments ago we heard from st. louis fed president james bullard. he just listed his forecast for rates to 5.75%. who is going to be right? the banks, the markets or bullard and the fed? what was so interesting, rob, the banks are signaling something else is going to happen. bullard said i see the terminal rate even higher. >> that shows you the predicament the fed is in. they have inflationary pressures which haven't subsided, and they have this disinflationary shock to the banking ecosystem. and how do you reinstill confidence in a market that's not confident? and so you have a lot of cracks that appears beneat
to melissa lee and "the halftime report." >>> welcome to "the halftime report." i'm melissa lee in for scott wapner. front and center fears out of europe spilling into the u.s. market. our investment committee is standing by. joining us for the hour steve weiss, joe terranova and rob sechan. another potential bank blow-out. deutsche bank cds, fears into the banking sector. all the big banks in the red right now clearly signaling fear over the future. just moments...
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Mar 24, 2023
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to melissa lee and "the halftime report." >>> welcome to "the halftime report."of europe spilling into the u.s. market. our investment committee is standing by. joining us for the hour steve weiss, joe terranova and rob sechan. another potential bank blow-out.
to melissa lee and "the halftime report." >>> welcome to "the halftime report."of europe spilling into the u.s. market. our investment committee is standing by. joining us for the hour steve weiss, joe terranova and rob sechan. another potential bank blow-out.
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Mar 18, 2023
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. >>> i'm melissa lee. this is "options action. >>> we wanted to provide you with an options p ssa of sort o risk management. >>> there's a unique occurrence happening around options and svb that can leave you vulnerable. mike you did tweet out a warning earlier this week and it's worth repeating. as we look further out in time >> yeah, you know, one of the important things to remember is that, you know, you do occasionally get special circumstances. you might trade options on silicon valley bank, on signature bank of new york and suddenly you wake up one day and the stocks have been halted. your question probably is, what becomes of the options that i currently hold so it's interesting and it's available publicly if you're interested, you can go to theocc.com, they publish info memos and from there that i learned the following. first things first, the options clearing corporation was imposing and is imposing no restriction on exercising options in signature bank and in silicon valley bank shares that means
. >>> i'm melissa lee. this is "options action. >>> we wanted to provide you with an options p ssa of sort o risk management. >>> there's a unique occurrence happening around options and svb that can leave you vulnerable. mike you did tweet out a warning earlier this week and it's worth repeating. as we look further out in time >> yeah, you know, one of the important things to remember is that, you know, you do occasionally get special circumstances. you...
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Mar 31, 2023
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and big bets against the small caps for melissa lee i'm tyler matheson welcome, everybody on the desk, mike khouw, carter worth, tim seymour gentleman, welcome good to be with you. we wrap up march trading with some of the names seeing the most "options action" this quarter. among them, tesla, nvidia, apple, microsoft, and meta heavy interest in a number of etfs as well trade is flood into the spy. the qqqs, russell, as well as corporate debt and gold. markets finishing the quarter strong today the tech heavy nasdaq leading the surge up nearly 17% for the quarter. the s&p jumping 17%, and the dow attempting a turnaround, bounce back from its october lows positive territory by a third of a percent for the year so far. it was, as you probably know, a rough march for banks. the svb collapse sent shock waves through the entire sector. the kre regional bank etf notching its second worst month on record. and the kbe locking in its fourth worst month ever. the volatility comes as we gear up for money center banks to kick off earnings. mike, you're focusing on those what can you tell us >> we
and big bets against the small caps for melissa lee i'm tyler matheson welcome, everybody on the desk, mike khouw, carter worth, tim seymour gentleman, welcome good to be with you. we wrap up march trading with some of the names seeing the most "options action" this quarter. among them, tesla, nvidia, apple, microsoft, and meta heavy interest in a number of etfs as well trade is flood into the spy. the qqqs, russell, as well as corporate debt and gold. markets finishing the quarter...
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Mar 10, 2023
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. >>> i'm sarahizen in for melissa lee. on the desk tonight, mike khouw, brian stutland, and tim seymour. first, a news alert. layoffs at meta. julia, what do we know >> whoops. so sorry, sarah. here's what i got for you. meta is declining to comment "the wall street journal" is reporting that there could be another series of layoffs that would match the layoffs down by meta last year last year they laid off about 13% of their employees that was 11,000 people at the time "the wall street journal" saying this could be several rounds of layoffs that would accomplish a meaningful number of employees dropped in the same range as what they saw last year. in terms of what types of employees could be fired, it could be people in the category around wearables, which are certainly not in the core meta business, which is about advertising. also about how these would be nonengineering roles, people in the area of marketing and the likes. we got a no comment from meta. the last time there were these layoffs there was a big headline in
. >>> i'm sarahizen in for melissa lee. on the desk tonight, mike khouw, brian stutland, and tim seymour. first, a news alert. layoffs at meta. julia, what do we know >> whoops. so sorry, sarah. here's what i got for you. meta is declining to comment "the wall street journal" is reporting that there could be another series of layoffs that would match the layoffs down by meta last year last year they laid off about 13% of their employees that was 11,000 people at the...
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Mar 31, 2023
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in for melissa lee, i'm tyler matheson welcome, everybody this is "fast money. on the desk tonight, tim seymour, guy adami, jeff mills steve grasso joins us from his estate somewhere in west chester, the baa ron is up there. markets closing out the first quarter near their high of the session. the nasdaq jumping 1.7% to mark its first quarter since june of 2020 the s&p 500 up 7%. even with the do you with its gains clawed its way back up in the green, 415 points. take a look at what is leading the charge it would be technology, communications services, and consumer discretionary sectors, all up more than 15% so far this year on the no so bright side, you probably knew this -- the financials, worst group in the s&p 500 in 2023. the regional bank index putting in its second worst month on record but there's one reason to be hopeful as we get ready to kick off april. we're about to enter what has historically been the best month of the year for the dow according to the stock traders almanac. rising 2% during the month after all the action we've already seen this ye
in for melissa lee, i'm tyler matheson welcome, everybody this is "fast money. on the desk tonight, tim seymour, guy adami, jeff mills steve grasso joins us from his estate somewhere in west chester, the baa ron is up there. markets closing out the first quarter near their high of the session. the nasdaq jumping 1.7% to mark its first quarter since june of 2020 the s&p 500 up 7%. even with the do you with its gains clawed its way back up in the green, 415 points. take a look at what is...
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Mar 10, 2023
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credit gets tighter, could this be a spring of pain for sellers in the sector i'm sarah eisen in for melissa lee. on the desk, tim seymour, courtney, jeff mills and steve grasso we're going to start with the latest on silicon bank federal regulators shutting down the and taking control of deposits scb's stock halted before the market open after falling another 60% in the premarket that on top of yesterday's 62% drop a month ago this was a $18 billion stock. now may be worth nothing let's get more on what's next for the bank and the industry. danny fortsen joins us, west coast correspondent for "the sunday times". danny, you're going to have a busy weekend following what comes next the fallout for startups and of course what happens to svb tell us what you're looking into. >> it's going to be a very big weekend, right because as you have seen in the market, companies like first republic, some of these other regional banks, they have all seen their strocks crash as well because the fear is this is the sign of something bigger, that there is contagion what i think is happening now is there are goin
credit gets tighter, could this be a spring of pain for sellers in the sector i'm sarah eisen in for melissa lee. on the desk, tim seymour, courtney, jeff mills and steve grasso we're going to start with the latest on silicon bank federal regulators shutting down the and taking control of deposits scb's stock halted before the market open after falling another 60% in the premarket that on top of yesterday's 62% drop a month ago this was a $18 billion stock. now may be worth nothing let's get...
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Mar 17, 2023
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i'm melissa lee. we're live on the desk, steve grasso, dan nathan and jeff mills. we start out with first republic bank, shares down again. "the new york times" reporting the bank plans to raise cash by selling shares privately jeff has been in first republic. we thought calorie came to the rescue, but there was this sort of overarching question, what happens after 120 day of parking deposits, the bank still needed capital. >> that's right. that's why we didn't want to wait to find out we were in the name, but decided to get out earlier in the week, regardless of what was going to happen, if anybody was going to come to the rescue or not. and i think the thought process was simple, in the sense we didn't want to be overweight banks to begin with, didn't love the exposure given where we are. very simply we took that into account. there was a lot of hair on this. let's blow out the equity when we can, there are a lot of questions around the name still. >> i want to underscore, you're not a momentum trader. >> for sure not. >> so decide to take a flier on first republ
i'm melissa lee. we're live on the desk, steve grasso, dan nathan and jeff mills. we start out with first republic bank, shares down again. "the new york times" reporting the bank plans to raise cash by selling shares privately jeff has been in first republic. we thought calorie came to the rescue, but there was this sort of overarching question, what happens after 120 day of parking deposits, the bank still needed capital. >> that's right. that's why we didn't want to wait to...
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Mar 3, 2023
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can it keep reeling in the gains in i'm melissa lee this is "fast money. we're live at the nasdaq market site we start off with a solid rally to end the week on wall street the nasdaq leading the gains, rising 2%. the tech, heavy index posting its highest close in two weeks s&p closing above its average. dow coming baa into positive territory for the year the moves coming after yields on ten-year treasuries fell below the 2% level retreating after highs not seen since 2007 yesterday the averages positive for the week s&p and dow both snapping multiweek losing streaks steel dynamics reaching an all-time high. let's play this game for a moment -- >> we love games what's the game, though? >> rewind to the beginning of the day. if i had told you everything was going to happen, the sun was going to come out, would you have guessed we ended the day like this? >> makes me a monday morning quarterback. i can call this one perfectly. no. >> i would say no. >> i would say the ism numbers and general strength, i think we made a move on treasuries and the move higher
can it keep reeling in the gains in i'm melissa lee this is "fast money. we're live at the nasdaq market site we start off with a solid rally to end the week on wall street the nasdaq leading the gains, rising 2%. the tech, heavy index posting its highest close in two weeks s&p closing above its average. dow coming baa into positive territory for the year the moves coming after yields on ten-year treasuries fell below the 2% level retreating after highs not seen since 2007 yesterday...
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Mar 2, 2023
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i'm carl quintanilla with melissa lee live on the floor of the new york stock exchange. the path to his 4050 s&p target. >>> one long-term bear on wall street finally turns bullish the analyst behind the ball call joins us this hour. >>> the ceo of kroger's beating on profit and same store sales we'll talk consumer inflation and the bullish outlook, where it all stands with the albertsons deal. >>> taking a check on markets, the crm boost, 12% gain is really giving the dow a lift here, up by 0.50%. s&p, just down fractionally and the nasdaq composite is down by 0.4%, 45 points. >>> with bearish sentiment building on wall street, the cboe says traders are the m mostish since late september and writing, not believe the hype around s&p's 200-day, saying we continue to have doubts of the sustain act of any rally and b of a saying it's too early to dive into growth. all that as the ten-year sits firmly above 10%
i'm carl quintanilla with melissa lee live on the floor of the new york stock exchange. the path to his 4050 s&p target. >>> one long-term bear on wall street finally turns bullish the analyst behind the ball call joins us this hour. >>> the ceo of kroger's beating on profit and same store sales we'll talk consumer inflation and the bullish outlook, where it all stands with the albertsons deal. >>> taking a check on markets, the crm boost, 12% gain is really...
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Mar 15, 2023
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" here on cnbc we're live at the nasdaq market site in times square i'm andrew ross sorkin with melissa lee off. a big day and we have some, i'm afraid to say, not great news this morning despite melissa being here that's the best news we got at the moment the dow now off 562 points the nasdaq off 192 points. the s&p off 70 points, that's keying off in large part what is happening in europe and european banks. we'll discuss what is happening in just a moment take a look, though, at u.s. treasuries we have been saying over the past couple of days trying to figure up what the fed may or may not do things got a little bit more difficult this morning you're looking at the ten-year note at 3.537, the two-year note at 4.047 and let's show you some european banks right now. credit suisse is off 21% 21.5%. looking at societe generale off. banco santander off over 6% this morning. that after news on the credit suisse front that its biggest shareholder not prepared to put more money into that banks and i think keying off some of the problems we have been having with our banks in the united states, th
" here on cnbc we're live at the nasdaq market site in times square i'm andrew ross sorkin with melissa lee off. a big day and we have some, i'm afraid to say, not great news this morning despite melissa being here that's the best news we got at the moment the dow now off 562 points the nasdaq off 192 points. the s&p off 70 points, that's keying off in large part what is happening in europe and european banks. we'll discuss what is happening in just a moment take a look, though, at...
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Mar 15, 2023
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i'm melissa lee along with andrew ross sorkin joe and becky are off today.n. >> we do. >> after yesterday's big market gain, we've got the nasdaq indicated speed down s&p looking to give up 31 at the
i'm melissa lee along with andrew ross sorkin joe and becky are off today.n. >> we do. >> after yesterday's big market gain, we've got the nasdaq indicated speed down s&p looking to give up 31 at the
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Mar 3, 2023
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i'm david faber with melissa lee. carl and sara have the morning off. an up market so far as you see. fairly significant one when it comes to the nasdaq with a 1% gain ism services was just posted moments ago and let's get to republic rick santelli for that. >> yes david, this is additional packet of ism services we were discussing earlier these are from ism february read, 55.1. sequentially following 55.2. besting expectations we were looking for a number around 54.5. 55.1 the best number going back to november of last year in between we had december at 49.2 that was the weakest since may of 2020. on the prices paid, remember this is prices paid. if this goes up it's not good, if it goes down that's good. 65.6 definitely lower than january's 67.8 that is a good thing on prices paid and 65.6, well, it is the lowest level going back to 65.1. that was january of' 21. this is definitely a nice improvement. if we look at employment, knowing that next week, one week from today, we'll be getting the big jobs report, employment 54.0 sequentially following 50.0
i'm david faber with melissa lee. carl and sara have the morning off. an up market so far as you see. fairly significant one when it comes to the nasdaq with a 1% gain ism services was just posted moments ago and let's get to republic rick santelli for that. >> yes david, this is additional packet of ism services we were discussing earlier these are from ism february read, 55.1. sequentially following 55.2. besting expectations we were looking for a number around 54.5. 55.1 the best...
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Mar 1, 2023
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i'm carl quintanilla melissa lee, what a treat for us great to have you. >> great to be here. and pretty interesting day as we set the agenda for this wednesday. bill nygren is with us why he favors banks, energies, and some durables. >> and the chairman of the select committee on china. mike gallagher joins us on what we learned in prime-time last night. >> later on, the strength of the consumer with dine brands john peyton, parent company to brands like applebee's and ihop, as we're once again sort of riding some levels around 3960, bounced off the lows of the session again, around 3945, which seems to be somewhat psychologically important, lee >> zst going to be really key to watch next week. i think sort of on hold for that big jobs report. that's going to determine a lot of things in terms of sentiment in this market talking the tape for us this morning is earnings, specifically earnings quality, with a difference between operating clothes in the s&p 500 and profits at its highest gap ever meaning, earnings are growing faster than cash is coming in. the bottom line here i
i'm carl quintanilla melissa lee, what a treat for us great to have you. >> great to be here. and pretty interesting day as we set the agenda for this wednesday. bill nygren is with us why he favors banks, energies, and some durables. >> and the chairman of the select committee on china. mike gallagher joins us on what we learned in prime-time last night. >> later on, the strength of the consumer with dine brands john peyton, parent company to brands like applebee's and ihop,...
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Mar 29, 2023
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in for melissa lee, this is "fast money. on the desk, tim seymour and cart knee garcia and dan nathan and guy adami. also good to see you in person we start with the countdown to the first quarter. just two trading days left in the quarter. boy, it has gone by fast nasdaq leading the day leading the way up nearly 2% it is also the winner so far this year on pace to break a quarter-quarter losing streak. the s&p hoping for a second straight quarter of gains while the dow is down ever so slightly and a look at the biggest gainers. nvidia up more than 80% since the start of the year. meta, tesla, warner brothers, all seeing outside gains and intel jumping more than 7% today. best day since november. now up nearly 20% so far this year also above its 200-day moving average for the first time in the year dan, you see this as a positive sign, what, not only for intel but for the market more broadly? >> when you see the stretch of rallies broadening out, we've been hearing a lot over the course of the last few months, it was a junk
in for melissa lee, this is "fast money. on the desk, tim seymour and cart knee garcia and dan nathan and guy adami. also good to see you in person we start with the countdown to the first quarter. just two trading days left in the quarter. boy, it has gone by fast nasdaq leading the day leading the way up nearly 2% it is also the winner so far this year on pace to break a quarter-quarter losing streak. the s&p hoping for a second straight quarter of gains while the dow is down ever so...
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Mar 14, 2023
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i'm melissa lee. this is "fast money. we're live at the nasdaq marketplace. a full desk here on set. tim seymour. >> karen finerman, courtney garcia, and guy adami. we start off with the regional bank rebound the kre climbing more than 2%, this after the treasury department said this morning that all deposits in all banks, not just svb and signature are safe look at the gains in first republic, pac west, metropolitan and first foundation good times apparently. does this deposit insurance for all make the group more investable was this the right move? ken griffin of citadel says no he believes capitalism is breaking down before our eyes. he is blasting the decision to make all depositors whole, adding there has been a loss of financial discipline with bailing out deposit or the depo. this goes to if we do this, is the sector better off from an investing standpoint are you more confident in it or does this just eliminate the moral hazard and let the banks do whatever they want with their balance sheets >> i took it as two different questions. but i can understa
i'm melissa lee. this is "fast money. we're live at the nasdaq marketplace. a full desk here on set. tim seymour. >> karen finerman, courtney garcia, and guy adami. we start off with the regional bank rebound the kre climbing more than 2%, this after the treasury department said this morning that all deposits in all banks, not just svb and signature are safe look at the gains in first republic, pac west, metropolitan and first foundation good times apparently. does this deposit...
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Mar 27, 2023
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welcome, everybody, i'm tyler mathisen in for melissa lee, and this is "fast money" live from the nasdaq market site. on the desk, steve gras sew, karen fineman, welcome, everybody. julie, good to see you. and we begin with a resilient start to the week for the markets. the dow rising for a third consecutive day up about 195 points. the index now within spitting distance. i don't really like that phrase. >> it's too late to worry about that now. >> i said it, there you go. erasing its losses for the month. the s&p also higher with energy and financials leading the way. nasdaq the only major index in the red, but it was off the lows of the day and only off about a half a percent. the strength coming as bank stocks continue to rebound, money centers and regionals both higher after first citizens finalized a deal to buy the assets of a collapsed silicon valley bank. shares of bank of america, not everyone thinks the strength is going to last. mike wilson in a note today warning that a severe deterioration in earnings will drag markets lower saying we think guidance is looking more and more
welcome, everybody, i'm tyler mathisen in for melissa lee, and this is "fast money" live from the nasdaq market site. on the desk, steve gras sew, karen fineman, welcome, everybody. julie, good to see you. and we begin with a resilient start to the week for the markets. the dow rising for a third consecutive day up about 195 points. the index now within spitting distance. i don't really like that phrase. >> it's too late to worry about that now. >> i said it, there you go....
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Mar 2, 2023
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i'm melissa lee. this is "fast money. karen finerman, guy adami and we start off with the great rate spike. the two-year getting within just three basis points of 5%, a level it hasn't touched since july 2007. the move particularly interesting since the yield was under 1% at the start of last year and take a look at how borrowing costs have gone up alongside it. the average new car loan has gone from under 4% to over 6%. a 0-year mortgage just about 7%, corporate lending rates nearly 8% the interest rate often the average credit card now around 20%. the stocks don't seem to want to hear the message equity markets surging into the close with the dow jumping more than 340 point, the s&p and nasdaq both up 0.75% major indices all positive for the week so when will investors and consumers finally start to feel this pinch from persistently high rates this is something we've been puzzling about for some time. >> yeah, i think consumers are already feeling it if you ask me to explain today's action, i mean i'm typically confused
i'm melissa lee. this is "fast money. karen finerman, guy adami and we start off with the great rate spike. the two-year getting within just three basis points of 5%, a level it hasn't touched since july 2007. the move particularly interesting since the yield was under 1% at the start of last year and take a look at how borrowing costs have gone up alongside it. the average new car loan has gone from under 4% to over 6%. a 0-year mortgage just about 7%, corporate lending rates nearly 8%...
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Mar 21, 2023
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i'm melissa lee, this is "fast money," we're live at the nasdaq market site. a full desk tonight. and we start off with the countdown to what could be the most important fed meeting of the year. i know we've called the last one, but this one is really the most important. markets rally ahead of tomorrow's decision with the nasdaq leading the gains up 1.6%. the s and p climbing back into positive territory for the month with energy discretionary gains posting the biggest gains. and the bank stocks, regionals and the money centers seeing the best day since january 2021. yields rocketing higher. the two-year jumping nearly 25 basis points, as expectations of the fed will, in fact, raise rates tomorrow rise. a quarter point hike would bring the target rate to its highest since 2007. >> markets ready for what we'll hear tomorrow. you know what is amazing about the levels? it's like a banking crisis never happened. >> never happened. here we are, 4,000 in the s&p, 3940ish. mike wilson a couple weeks ago, that tactical bull call was because we held the 200 day and bounced from it. all the
i'm melissa lee, this is "fast money," we're live at the nasdaq market site. a full desk tonight. and we start off with the countdown to what could be the most important fed meeting of the year. i know we've called the last one, but this one is really the most important. markets rally ahead of tomorrow's decision with the nasdaq leading the gains up 1.6%. the s and p climbing back into positive territory for the month with energy discretionary gains posting the biggest gains. and the...
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Mar 1, 2023
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these funds elittle's major price cut that will make getting insulin for diabetics much cheaper i'm melissa lee. this is "fast money. got a full desk, steve grasso, karen firn man, dan nathan and courtney garcia. we start off with tesla's big investor day with elon musk just taking the stage in austin to lay out his long-term goals in tesla, expansion plans and a whole lot more he started this event 30 minutes later than expected. phil lebeau has been monitoring all the action phil >> reporter: melissa, the first 30 minutes of this has been talking -- elon musk talking about his vision for the world becoming sustainable in terms of energy and what is possible and what he believes is possible this is very much 20,000 feet looking down at what -- what is possible breaking away from fossil use the there's been no news so far germane to tesla investors in other words, they haven't talked about future production plans or future models, et cetera they are just starting to get to that point, and i suspect within the next 15, 20 minutes we may have some news we're going to go back into watching the res
these funds elittle's major price cut that will make getting insulin for diabetics much cheaper i'm melissa lee. this is "fast money. got a full desk, steve grasso, karen firn man, dan nathan and courtney garcia. we start off with tesla's big investor day with elon musk just taking the stage in austin to lay out his long-term goals in tesla, expansion plans and a whole lot more he started this event 30 minutes later than expected. phil lebeau has been monitoring all the action phil...
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Mar 16, 2023
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i'm melissa lee. this is "fast money. on the desk tonight karen finerman, carter worth, guy adami and tim seymour. the central bank just releasing details on the latest balance sheet showing just how much banks tapped its lending window this past week steve liesman joins us now with some new details steve? >> melissa we have some new numbers, some big numbers. but we don't necessarily have answers what all these answers mean let me talk you through it and i'll tell you what we know and what we don't know so the federal reserve balance sheet increases by $297 billion. that's the most we've had since the pandemic began and that started liquefying the economy a record, up by 148.2 to 1 first $4 billion that's a big number to take from the emergency discount window. the new fed facility we have, borrowing of 11.9 billion. half of that increase in the 297, remember that number at the top, that was from a bridge loan to the failed banks. okay what we don't know, melissa, and i'm preempting a question you're going to ask me, bec
i'm melissa lee. this is "fast money. on the desk tonight karen finerman, carter worth, guy adami and tim seymour. the central bank just releasing details on the latest balance sheet showing just how much banks tapped its lending window this past week steve liesman joins us now with some new details steve? >> melissa we have some new numbers, some big numbers. but we don't necessarily have answers what all these answers mean let me talk you through it and i'll tell you what we know...
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Mar 20, 2023
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>>> and later, foot locker's fade despite bull ish comments o its relationship with nike i'm melissa lee, this is "fast money," we're live at the nasdaq market site. we start off with a rebound on wall street to kick off the week the dow jumping more than 380 pounds, with just two components finishing in the red the s&p and nasdaq closing near day's highs. all this as the race to rescue the banking system continues, after another week of turmoil in the financial markets. a fomeantime, in the u.s., u.s. community bank agreeing to buy the assets of signature pbank fr less than $3 billion and first citizens looking to make a fresh bid for silicon valley and then, there's this a group of mid size banks asking the fdic to ensure all bank deposits for two years the move helping the financial sector startto rebound wasn't all good news shares of first republic falling 47%. the latest development, jpmorgan is advising the company on strategic alternatives including a potential capital raise. so, with all this action in the sack or the, we wondered, let's put up the four-box. i'm going to ask the
>>> and later, foot locker's fade despite bull ish comments o its relationship with nike i'm melissa lee, this is "fast money," we're live at the nasdaq market site. we start off with a rebound on wall street to kick off the week the dow jumping more than 380 pounds, with just two components finishing in the red the s&p and nasdaq closing near day's highs. all this as the race to rescue the banking system continues, after another week of turmoil in the financial markets....
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Mar 3, 2023
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i'm melissa lee alongside mike santoli live from the new york stock exchange jeff sherman as wall street's fixation with the bond market continues. investors looking to logan and bossic this hour for clues on the fed. >>> jeff de graaf also with us, charting the s&p as it tries to claw back above 4,000. got there just now and what the breakdown of utilities has to do with that story. >>> fidelitity's jurrien timer says all good news is actually bad news stocks higher across the board s&p 500 reclaiming 4,000, up 0.8% the nasdaq higher by 1% and the dow up by 127 points, 0.4% taking a look at bonds, this has been actually not a real driver of this story in the conventional sense higher bond yields have not been resistance for markets. >> they haven't yet. if you go back a month, that's been the story stocks did pull back 5%, 6% on the s&p from when bond yields bottomed yesterday you didn't get relief on yields yesterday, but this morning we're getting them, backing off, even though strong ism services numbers these higher yields are drawing a lot of money into the bond market take a look at
i'm melissa lee alongside mike santoli live from the new york stock exchange jeff sherman as wall street's fixation with the bond market continues. investors looking to logan and bossic this hour for clues on the fed. >>> jeff de graaf also with us, charting the s&p as it tries to claw back above 4,000. got there just now and what the breakdown of utilities has to do with that story. >>> fidelitity's jurrien timer says all good news is actually bad news stocks higher...
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Mar 9, 2023
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melissa lee you know what happens next, "mad money" with jim cramer starts now. >>> my mission is simple to make you money. i'm here to level the playing field for all investors. there's always a bull market somewhere and i promise to help you find it. "mad money" starts now >> hey, i'm cramer welcome to "mad money. welcome to cramerica other people want to make friends. i'm just trying to make you a little money my job is not just to entertain you but to educate and put days like today in context. so call me at 1-800-743-cnbc or tweet yes mt. jimcramer. well, it sure took long enough eight rate hikes from the fed. a couple 25 basis point hikes, two 50s and four 75s delivering with the speed of a machine gun. yet fed chief jay powell hasn't hit anything until today. today we realized that the speed of the rate hikes is threatening commercial real estate, crypto, and the whole startup economy thanks to the closing of the ipo market that's a real casualty of this fed tightening cycle so what happened to today? what caused the reversal from the usually green board in the morning to a board
melissa lee you know what happens next, "mad money" with jim cramer starts now. >>> my mission is simple to make you money. i'm here to level the playing field for all investors. there's always a bull market somewhere and i promise to help you find it. "mad money" starts now >> hey, i'm cramer welcome to "mad money. welcome to cramerica other people want to make friends. i'm just trying to make you a little money my job is not just to entertain you but to...
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Mar 23, 2023
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i'm melissa lee. i have a full house again here on the desk. and we start off with the roller coaster ride for the markets. the dow swinging nearly 650 points from high to low today before closing up a quarter percent, well off the highs of the day. the s&p eking out a gain, but still closing below the 4,000 level. the nasdaq with a rise in more than a percent. semis and china tech leading the way. treasury yields pulled back with the two-year closing at its lowest level since september. the fed is near the end of its rate hike cycle, but has anything changed since yesterday? what's different? like opposite here? >> interesting. tim talked about this. he's been right, by the way. as long as the nasdaq has some relative strength, it's hard for the market to go down. i think with yields moving the way you just illustrated, that's going to be supportive. whether you acknowledge it or accept it, that's what's going to happen, those stocks are going to go higher. what changed? i'll tell you what changed a little bit. the way the banks started rollin
i'm melissa lee. i have a full house again here on the desk. and we start off with the roller coaster ride for the markets. the dow swinging nearly 650 points from high to low today before closing up a quarter percent, well off the highs of the day. the s&p eking out a gain, but still closing below the 4,000 level. the nasdaq with a rise in more than a percent. semis and china tech leading the way. treasury yields pulled back with the two-year closing at its lowest level since september....
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Mar 13, 2023
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melissa: jimmy lee curtis taking home her first since her career began for best supporting oscar. >> i just won an oscar. melissa: a stunning performance from rhiannon ally -- from rihanna and lady gaga. jimmy kimmel addressing crisis team the academy created following the infamous lap. jimmy: this makes you miss the slapping a little, right. melissa: stephanie watching her co-start michelle yeoh becoming the first asian to win an oscar. >> this is true that brings -- dreams do come true. and ladies, don't let anyone tell you you are past your prime. melissa: i c speech all day because it was fantastic. those with the memorable moments , talking about the oscars and something to so many people can relate to. hope everyone had a nice night. in hollywood, cleanup efforts underway. reggie: that put mood. i even like the champagne carpet that i was dreading for days. it worked out. kumasi: for the entire list of the biggest highlights from winners, historic moments, head to our website. we have a full recap at abc7news.com. the group chat was going. wearing white. reggie: they were. we ta
melissa: jimmy lee curtis taking home her first since her career began for best supporting oscar. >> i just won an oscar. melissa: a stunning performance from rhiannon ally -- from rihanna and lady gaga. jimmy kimmel addressing crisis team the academy created following the infamous lap. jimmy: this makes you miss the slapping a little, right. melissa: stephanie watching her co-start michelle yeoh becoming the first asian to win an oscar. >> this is true that brings -- dreams do come...
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Mar 1, 2023
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i'm carl quintanilla melissa lee, what a treat for us great to have you. >> great to be here.y. bill nygren is with us why he favors banks, energies, and some durables. >> and the chairman of the select committee on china. mike gallagher joins us on what we learned in prime-time last night. >> later on, the strength of the
i'm carl quintanilla melissa lee, what a treat for us great to have you. >> great to be here.y. bill nygren is with us why he favors banks, energies, and some durables. >> and the chairman of the select committee on china. mike gallagher joins us on what we learned in prime-time last night. >> later on, the strength of the
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lee. and of course, next week, as the uranium for melissa said, those these caught me lateral talks between russia and iran, but looking to bring syria and turkey close together. so this, the normalization of relations between those 2, again, tuesday, important for the, the 12 year conflict in syria. they've both been on opposing sides of our president asked out of course, again, also recently in russia. so russia played a very important role in the, in this respect. but also again, you mentioned the soup pro, to felton road initiative, china's, i get this a hugely expansive project, which we'll see a companies trading in a local coach. he said the shift away from the dollar massively important because if the u. s. loses the dollar was the well currency, it loses its ability to dominate well financial market. yet big issues firmly on the table there under runs. foreign minister also spoke with the chairman of the russian international of 1st committee and hailed than the rapid development of relations between the 2 countries. tommy aiden vasquez, the relatively relations between the islamic
lee. and of course, next week, as the uranium for melissa said, those these caught me lateral talks between russia and iran, but looking to bring syria and turkey close together. so this, the normalization of relations between those 2, again, tuesday, important for the, the 12 year conflict in syria. they've both been on opposing sides of our president asked out of course, again, also recently in russia. so russia played a very important role in the, in this respect. but also again, you...
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lee. hello, thanks for joining us via in analog call and not a digital video chat like we usually do. so phone calls, it seems they're pretty okay. oh, hello melissa, thank you for having me. oh, well, phone calls are relatively more stable than video called since we are, we have been suffering from an extremely slow internet connection since early february and tie one usually has some of the fastest internet on earth. i have officials told any of you how long it it take to repair the cables and bring it back to normal internet speeds. so both the mer to islands and that i wanted as a country in general, rely heavily on submarine cables to provide our internet connections. and at the moment since taiwan does not have its own submarine cable repair ships, we have to rely on the international repair ships and um, currently our repair shipped for them as well. and its scheduled to arrive in late april, around april, the 20th. so that means a huge gap in time from early february, too late april or even early may before the summer in cables are, are, are completely fixed. when the, you spend a lot of time on boats around matt. so who do you think was b
lee. hello, thanks for joining us via in analog call and not a digital video chat like we usually do. so phone calls, it seems they're pretty okay. oh, hello melissa, thank you for having me. oh, well, phone calls are relatively more stable than video called since we are, we have been suffering from an extremely slow internet connection since early february and tie one usually has some of the fastest internet on earth. i have officials told any of you how long it it take to repair the cables...
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Mar 11, 2023
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lee. >> if you knew ben, there is no way that you would want him dead. i could not think of anybody that would want him dead, besides don. >> don, don oxley's ex-wife, melissa'sgh as more than a few other gossipers pointed suspicious fingers at melissa, ben's best friends told each other. >> everything in me said that don had something to do with. that. >> of course, just a few years back, that sort of thing would've been unimaginable to don's best friends, scott and we sidney graham. not don, the don the force of nature, the center of the room. >> i don't know is manipulating, but everyone agreed with. don if she was happy, we were all happy. >> but after five years of marriage, neither benn nor don were happy, and the marriage went up in flames. >> ben had cheated on john. i can see that. this probably wasn't something that she was going to get over. >> don changed after that, said cindy, didn't seem to want to act like a parent anymore. >> she met a guy and she would stay the night at his house. when her kids are calling us to tell us that we have no more food in the house, there's no food, there's a problem. >> so when ben and john went to court to fight
lee. >> if you knew ben, there is no way that you would want him dead. i could not think of anybody that would want him dead, besides don. >> don, don oxley's ex-wife, melissa'sgh as more than a few other gossipers pointed suspicious fingers at melissa, ben's best friends told each other. >> everything in me said that don had something to do with. that. >> of course, just a few years back, that sort of thing would've been unimaginable to don's best friends, scott and we...