josh brown on the best correction protection, pete najarian on volatility, stephanie link on looking for bargains, joe tear moef rranova playing office on apple, and trader ben willis with a read from the floor of the new york stock exchange. we begin with stocks higher today. still off to the worst february starts since 33 and now the concerns appear to have shifted. what started over the emerging markets is now become full blown fears that our own economy may be in trouble. we begin with josh. how are you playing this? >> so the way that we've been playing this was to take off some exposure in fr stocks earlier this month. there's really no area that we think is so over valued that it needs to be sold at this point. but i really think the key here is that bounces like today should not be trusted. there's been too much technical damage down. i think they're going to be better entry points as this month wears on. keep in mind the thing that's caused everyone to all of a sudden be so worried about how exposed they were is not yet over. that's really what i would consider. one point i

and pete najarian looking at a paid tv service. >> directv.the earnings recently. they've been phenomenal. the great fundamentals of this story. somebody went out today, september 80-strike calls, a huge amount. about 7,500, 10,000 total. something to keep your eye on. they didn't come directly in the short-term. but in the outer terms in september, looking for the upside. and it feels like your lifeate revolves around your symptoms, ask your gastroenterologist about humira adalimumab. humira has been proven to work for adults who have tried other medications but still experience the symptoms of moderate to severe crohn's disease. in clinical studies, the majority of patients on humira saw significant symptom relief, and many achieved remission. humira can lower your ability to fight infections, including tuberculosis. serious, sometimes fatal events, such as infections, lymphoma, or other types of cancer, have happened. blood, liver and nervous system problems, serious allergic reactions, and new or worsening heart failure have occurred. befo

>> pete najarian. >> pete najarian. >> bear. >> angry panda. >> bear. >> angry panda. >> yes! we've got to arm wrestle. come on. yes! victory! >> welcome back to "fast money freestyle." you guys, the break is -- >> he's got it on camera. that's what i'm talking about. >> i'm just getting my toes done by grasso over here. >> oh, no. >> guy, look at this. >> getting my toes done, it's the commercial. >> one, two, three -- >> great! >> hold on. >> i know. >> nothing about the rules. >> good times. well, that's our default pastime. >> the twitter engagement was fantastic. keep that up, folks, we love going back and forth. and we can do it on-air, too. >> did you like getting a pedicure on the interweb? >> no. but it was nice to be able to do the show without my shoes on. so -- >> bonus. >> do his hands now. >> who is the better charade player? >> me. >> don't en even start. >> b.k. was pretty good. >> i was awful. >> the pete najarian dance, that was classic. >> there was no question what he was doing. even though it wasn't our team's time to answer. >> exactly. b.k.'s panda was t

♪ honestly ♪ i want to see you be brave ♪ >>> our resident stock swami pete najarian spotted unusual today. >> telecom equipment. this is an area people are really absolutely exploding to the upside. it's already made some big moves. they've got earnings coming out in about a week and a half. today the march 28 call. stock trading around 26-ish. march 28 calls were bought, over 7,000 were bought somewhere around that 80 cent range, give or take. but very large buying relative to what had been going on. folks are looking for this name not only to continue, but to continue and explode to the upside over the next couple weeks. >> you like it. you in it? >> i am. i bought the options. >> the one you were just talking about? >> yeah. >> holding period? >> about a week and a half, probably right into earnings. if it already moves, i will take it off before earnings. if it hasn't, i will hold it through earnings. >> last quarter they disappointed. they beat on the revenue line but missed on the earnings line and didn't see operating leverage so people freaked out and the stock fell. they ju

pete najarian, pretty impressive turn around for stocks. if you would have said retail miss, gdp cuts, numerous of them today? and stocks turn around and they're higher? >> you look at the specific reaction from the s&p 500 and the financials which is something we've talked about time and time again, the financials once again, nice look when you look at goldman sachs, jpmorgan, off of those lows and move to the upside, the xlf back up above that 50-day moving average. this is day two. finally starting to participate with this market on this rally to the upside. so it's good to see the financials on board. still think it's about big-cap tech right now. i know cisco is the focus because cisco is a negative. >> big cap wreck. >> that is the wreck. all of a sudden you look over and see intel, see microsoft, you see a lot of other big cap tech companies doing well and apples is one of those big names we talk about all the time. >> no one is buys cisco today? >> i own cisco, not buying it today. >> i own cisco and juniper. i think cisco is dead m

joe terranova holds the top spot followed by josh brown and pete najarian.re it is, rounding out the bottom is stephanie link, steve weis and baker at number eight. and speaking of joe terranova, he called into our control room to say, hey, i made a trade. what is it? >> hey, scott, good afternoon. part of being a good investor is listening to the comments of others and each of the traders, pete, simon, all making great trades. i have no experience in the portfolio, and it's time to get some. i'm going to do it at the expense of palo alto networks. there's nothing wrong with that company, i think somebody buys it, but let's sell out of that and go back into morgan stanley. i agree with pete on goldman sachs. let's put that in the portfolio, please. >> you're not going to run out of trades to run out of the contest is over, joe, are you? >> this is only my second. i'm not faster than the najarians, that's for sure. only my second, i'm comfortable where we are. i think it's time, important here. it's time to get the financial exposure. i think it's going forwa

. >> i'm pete najarian.'m "fast money." >> go to the nbc universal store and order your tee. similarity. witness the cheesesteak shuffle. ♪ cheesesteak, cheesesteak ♪ ♪ it's the cheesesteak shuffle! huh! ♪ ♪ every day, all day, cheesesteak, cheesesteak! ♪ ♪ every night, all night cheesesteak, cheesesteak! ♪ ♪ 9 a.m. cheesesteak! ♪ 2 p.m. cheesesteak! ♪ 4 a.m. cheesesteak! ♪ any time (ruh!) >>geico. fifteen minutes could save you fifteen percent or more on car insurance. and it feels like your lifeate revolves around your symptoms, ask your gastroenterologist about humira adalimumab. humira has been proven to work for adults who have tried other medications but still experience the symptoms of moderate to severe crohn's disease. in clinical studies, the majority of patients on humira saw significant symptom relief, and many achieved remission. humira can lower your ability to fight infections, including tuberculosis. serious, sometimes fatal events, such as infections, lymphoma, or other types of cancer, have

pete najarian, brother jon, mike santoli and trader ben is down at the new yoorew york stock ex. pete, is it time to now get in? >> i think the time to get in was the other day. i'm already starting to take some of this stuff off, scott, because of the fact we talk about looking for opportunities. the financials the other day on wednesday, the market didn't look so great but the financials were the first area to start to show us a little bit of strength. look at the xlf today. back up and over this 21 area. it's just a trading mark. i don't think anyone can say the bottom is in just yet. >> why not? >> i think because as you look at the numbers today -- >> i'm looking at the market up nearly 100 points. >> the initial reaction was down 100. i keep looking at the numbers. i think people were excited. when you look at the volumes all week, scott, whether it's the stock, we've been averaging 20 million contracts a day. right now we're at about a 15 million run rate. people left once they got the numbers. i think that's part of what's going on right now. >> steve weiss, what's happen

joining us today pete najarian, josh brown, stephanie link, kenny with us as well from the floor of new york stock exchange. john with us today as well on what janet yellen will do on the hill tomorrow and how the market most importantly might react. we do begin with stocks coming off the first back-to-back 1% gains of the year. a move that has some saying the correction has run its course. not all agree though, so we take it to the panel. pete, are you a buyer or seller? >> i was a buyer the past week, i continue to be a buyer today. i look at the way things went through earnings season. so far up to now we've heard from the financials, we've heard from the builders, we've heard from a lot of transportations. and multiple industrials. and most of what we have heard has been fantastic. now, we've had some selloffs, they've been great opportunities on some of those names that were sold off with the rest of the market because of emerging market concerns and all of the rest. i think there are great opportunities out there, scott. i've been adding to positions all last week including today.

pete najarian on why big pharma is his biggest sector. and mike says volatility is back but time to embrace it. and milton of lord abbott who is brace for a bummer of a jobs report on friday. we start with what the market is doing today. stocks have been all over the place, struggling to break the losing streak. the nasdaq is on pace for its worse week since june of 2012 if dow and small caps nearing correction territory. it seems we've gone from buying the dips to now selling the rips. how low do we go and when does this selling stop? pete? >> jon, go to you guys first. volatility is enough to make you go crazy. markets all over the place today. >> right. and it's all about temperature, believe it or not, judge. what we're hearing over and over again from everything from the jobs report to car sales to virtually anything involves the temperatures which have been extremely cold. so that's great in the short term for people that are long natgas. natgas out on the curve isn't moving at all. that april contract is spiking like this. and as f

. >> pete najarian, the s&p is back above the 50-day moving average. the market is hanging on something that it heard that it likes today. the dow hasn't closed above 16,000, by the way, since late january and it's 60 points away. >> two weeks above that 200-day moving average. back below that as well. i think you can attribute a lot of this to the fact that people needed to hear it right from janet yellen's mouth herself and hear that today and it's what steve is talking about is. status quo, going ahead full steam and this is exactly the fed that everybody expected. they needed to hear it today. >> jon, why do you think the market is reacting the way snts. >> just as pete said, for them to actually hear it from janet yellen, everybody had said she's a bernanke disciple, she's going to say what bernanke said. was there something that would rile her up or something that would get her saying something against or to the congress, there was not. she was exactly to script. in fact, she offered up that very brief comment at the very beginning which was one

pete najarian and steven wise weiss, josh brown, byron wien, les of annual surprises has already taken some surprising turns. we do begin with the markets. a quiet run for technology has the nasdaq on the biggest winning streak now in two months. only major averages in positive territory for the year. let's take it to the panel and see if this trend continues and how to play it. josh brown, tech remains to be the place? yes or no. >> yeah, we like tech. it's one of our few sector overweights. not just u.s. tech but global tech. we think there's a lot of room for growth and upside across many segments within technology from chips to software. outside of a few notable fe aba fliers, there are a ton of reasonable price growth companies that have secular stories in the sector. one way we're playing it is ryt. equal weight tech etf. you've got 1% or 2% in every major tech stock in the index rather than having something that's rally hyper focused on the big pc company or net working giants. we've got interesting play for investors that haven't been in the sector and are looking for a way to

pete najarian has it right. who has the momentum in a tough environment right now?s secret. >> michael kors? >> versus the 1%. bath and body works working as well. >> and best buy is up today. part of that, of course, coming because radio shack, a competitor in that very hyper competitive space is going to be pushing eye side as they shrug off some of these stores. so i think that's good for best buy. >> next up on the "half," shares of gm taking a hit after disappointing fourth quarter. will the ceo be able to get this company back on track? take a look at twitter having its worst day ever. losing more than $7 billion in market cap today. more "half" straight ahead. [ telephone rings ] [ shirley ] edward jones. [ male announcer ] with nearly 7 million investors... oh hey, neill, how are you? [ male announcer ] ...you'd expect us to have a highly skilled call center. kevin, neill holley's on line one. ok, great. [ male announcer ] and we do. it's how edward jones makes sense of investing. [ male announcer ] and we do. sometimes they just drop in. always obvious. cme

joe terranova remains in first place followed by mike murphy, josh brown, pete najarian follow by jone to beat up on him for that groupon pick. >> the bronze medal? >> pete, hd. there's a lot of runway to go yet. >> there's more medal in the bronze than the other. >> stefanie link has news on starwood, dividend. >> they declared the regular dividend and announced a special dividend. they're going to pay it t in the next four quarters instead of a lump sum. that's a result of them selling an asset. took the $500 million from the bell harbor deal and plowed it back to shareholders. they got $3 billion in assets they can monetize over the next several years. as they sell the assets and return it to shareholders. i think you're going to see more of this throughout the year. >> doc, final trade yesterday. >> it was. unusual activity in this name. did thigh know about a special dividend about to be declared? i don't know. but you certainly think it would bear looking into. >> next week we're going to talk about unusual activity and hot and look at that. >> all right. >> remember, you can tr

on the wrong side of raising red flags over the metrics on this company in a market that is a pete najarian where all news is good news. my issue with this one right now is that we're missing one piece of information. and that is what is the cost of this? what will the cost of this be as verizon comes on board? how will that be? we have analyst on after analyst on telling us this is going to be a lower cost for netflix. they've deduced that to the way this is all going to work out, but i'm saying -- >> what's the cost if they don't do it? what if they don't have these kinds of agreements in place? what does that do for the user base? do people want that delay in streaming? and does that enable more competition? >> right. again, it gets to this cost issue. remember, we have content costs which are balance sheet. you have other issues here, but again, right now everyone loves this company. i'm not going to sit here and knock this company. >> herb. >> what, stephanie? >> they just raised their margin numbers last week when they reported. don't you think they knew this deal was in place so that

pete najarian on whether the correction is about to get a whole lot deeper.h brown on where he sees opportunity today. john najarian on the surge of volatility and a surge it is. steve grasso on the floor. sarah on japan's correction and what it means for that trade. and paul richards on the state of china's economy, what that means to your money. that's where we do begin with stocks beginning this new month much like they ended the last one, sharply in the red.

pete najarian, brother jon, mike santoli and trader ben is down at the new yoorew york stock

joining us today pete najarian, josh brown, stephanie link, kenny with us as well from the floor of newn will do on the hill tomorrow and how the market most importantly might react. we do begin with stocks coming off the first back-to-back 1% gains of the year.

pete najarian and simon baker and jon najarian, sarah is at the new york stock exchange on frozenomics

najarian is betting this airline will take off. doc, what's the airline? >> not just because it's in his portfolio. my brother, pete's, portfolio.ng upside call buying out there in april, judge. they're buying huge amounts of these calls at the april 49 strike. that tells me the stock's going to push through 49 even into the low 50s. i think you want to be on this one. >> your holding period is what? >> probably two to three weeks. these are april. they could have picked march, they didn't. they picked april. i'm going to probably hold a little longer. >> here's a question people are asking today. was it just a matter of time, give something of value and criminals will steal it. bitcoins are no exception. mary thompson joins us on set with more on this interesting story. >> yeah. the latest in a series of disruptions, thefts, technical glitches, price swings, whatever you want to call it that affected the bitcoin. last night a shudder went through the bitcoin world when the website of the first bitcoin exchange went dark. this follows weeks of a temporary shutdown when many clients couldn't access their bitcoin accounts, sparkin