jon and pete najarian are here along with mike murphy and steve grasso. we're all waiting to hear what janet yellen has to say in her first news conference as chairman of the federal reserve. why it's expected that she will stay the course in the fed's tapering program. it is also possible, however that there could be some surprises for investors. so let's take it to the panel on that note. pete, you know, everybody expects there's going to be continue the road on the taper. what else is out there? >> not much. and the reason i say that, judge, is because i think janet yellen is as much transparency as anybody. i don't expect it to come out as anything whatsoever. i think her read on the economy is the most recent data points and as we approach this 2:00 meeting you're looking at a volatility index jump. only on the yesterday's gains for the most part. and i don't get that sense of nervousness that there is something out there right now. could she surprise us? i suppose she could. right now -- >> that's her major job is to stay consistent with what's goin

pete najarian, what is the options activity? >> it's been upside.terday, the wung thing i would correct phil on. it sold off earlier in the day. talking about the names turning around and showing you something about market reaction before today. this is one of the names, finished at 250 bucks a share last night. >> it wasn't down yesterday. >> it was down briefly. >> that's a long way from kiev. >> it touched down at 244. and then, popped up to 250 again. if you listen to morgan stanley and some of the excitement about what's going on recently, an upgrade on the price. and today about the gigafactory, and you get excited. >> people are insane. the gigafactory. i watch cnbc. people talking about upside crashes. people are losing touch with reality. >> you don't like it? >> no. gigafactory. get out of here. it's great. we are talking about things that might open in six years. and we're bidding up stocks beyond any -- >> you are aggressive on 3d printing. >> i took a profit. it worked. >> i mean, why is that so much different? why is that different? >>

pete najarian, jon najarian, and guy adami. 29 banks tested all passed. most of the big banks were rallying ahead of the results. i'll kick it off with a question that goes to kelly. is this a sell-the-news event? >> i don't think so. the space started to get moving yesterday, well before this. people anticipated the stress test coming out. but a lot of it had to do with the higher yields that the banks are going to be able to earn. i don't think this is a sell-the-news event. tomorrow morning, do i put a market order in to buy bank of america? absolutely not. you wait for a pullback on these. >> pete? >> i don't know whether you're going to get that pullback, b.k. the banks were moving before the tests. now, we've gotten through the tests. maybe there's a slight pullback. but i don't know if it will get people excited enough to jump in. you look at what the options markets were signaling all throughout the day. and finishing the day. you look at the xlf. traded over 700,000 contracts. almost all of those, over 600,000 were on the call side. almost the sa

pete najarian is buying a tech name he thinks is heading to a 52-week high. of our traders on the wrong end of a big netflix call. find out who's on the hot seat. who could it be? how's he going to manage that losing trade? we'll find out when we come back. in my world, wall isn't a street... ...return on investment isn't the only return i'm looking forward to... for some, every dollar is earned with sweat, sacrifice, courage. which is why usaa is honored to help our members with everything from investing for retirement to saving for college. our commitment to current and former military members and their families is without equal. to nbcuniversal's coveragens of the biggest loser olympic winter games ever, with the most coverage of the most events on every device. and the most hours of streaming video on the nbc sports live extra app, including the x1 platform from xfinity. comcast was honored to bring every minute of every medal of nbcuniversal's coverage to every screen. so what's next? rio 2016. welcome to what's next. comcast nbcuniversal. >>> it is a bi

pete najarian takes the bull case.the bear. 90 seconds, pete, make your bull case. >> i've been battling everybody on this being the bear. all this time until now. and i think you're just waiting for a catalyst that would push you not downside. unfortunately the catalyst now is this investigation. but this is literally over the last couple of trading sessions. now push the stock down 10%. so we're finally getting an opportunity i think to take a look at this. was this under the president ceo? no. is she doing absolutely everything that needs to be done and making this priority one? absolutely. she's addressing this. she's in front of it. she's got her top lieutenants on it. going bag to what happens at gm in their production, look at how well they're doing in the china and the jc going over over there and the growth they've got. look at the cadillac sales. again. in february, during all of this terrible weather that we've talked about time and time again -- >> can i get a minute here? >> -- sales are only off 1%. >> if

pete najarian made a bullish bet. pete, what do you do now?y we were buying the weekly options. i took some of those off today. they went from 30 cents to 84 cents today just from yesterday afternoon. it's just prudent. we didn't get through the 52 week high yet. i still think we might. the weekly options expire on friday. you have to act quick. >> cigarette stocks rallying. >> it's always interesting. last week, jon brought up reynolds. today, it's a combination of reynolds and all of a sudden, lorillard as well. very active very early in the trading session. stock hit a new 52 week high. these stocks continue to move to the upside. this did pull back, gave me an opportunity to get in closer to the levels that the original buyers got. i think these cig stocks are going higher, whether it's e-cigs or something maybe even involved in the whole pot trade world but something will work for these guys in the upside. >> your time period in there? >> probably a couple weeks. i bought into the march options. they expire the third friday. i only have a

pete najarian was buying nokia calls based on options activity. stock is up today.n the trade? >> still in the trade but trimming today as well. they were buying the may 8 call. massive numbers. we had not just a sing dale but a day and another day and another day. somebody has been under the assumption the stock is going to go higher. i figured why t not trim into it. they were even buying the nines again the other day. in different months. lot of activity in nokia. >> up 3%. what are you doing today? >> kre, original banking index. the paper in there was just so large and the individual name that's really a well put out there as far as etf but the april 43 call stood out. if you look out into june you're going to see the 40s rolling up into the 41. if you look and you see the april 43s and rolling up on the outer months as well, a lot of activity. i think it's worth keep an eye on. people are watching the financials move. i think the kre is another one that's going to move sglup you're not in it. >> i am. >> for how long? >> probably a few weeks. buying april. i'm

pete najarian is spotting some unusual options activity. what you got? >> you look at these chemical names. they've all been performing under the radars. the stocks pushing towards the 52-week highs. if it can break through there, these guys are betting on the fact it's not going to break, it's going to explode to the upside. paying a buck 75 where the biggest chunks were bought today. >> are you in? >> i am in. yes. i will hold two to three weeks. if it moves quicker, i'll be out quicker. >> all right. final trades and the winner of our debate up next. plus some mutual funds making it easier for you to invest like a hedge fund. question is should you? that's next. let's say you pay your guy around 2 percent to manage your money. that's not much, you think except it's 2 percent every year. go to e*trade and find out how much our advice and guidance costs. spoiler alert. it's low. it's guidance on your terms not ours. e*trade. less for us, more for you. in a we believe outshining the competition tomorrow requires challenging your business inside and out t

let's meet today's starting lineup, jon and pete najarian are here along with mike murphy, paul edwards over at ubs will be joining us shortly. the s&p hitting yet another all-time high. investors shaking off the yellen surprise of a couple of days ago. in fact, stocks are now on pace for their biggest one-week gain of 2014. let's take it to the panel to find out where we go from here. pete? another day, another gain. almost 100 points. >> right. i love the areas that have been leading us. we've been talking about this. everybody on the desk has been talking about various areas. bit cap tech and a lot of names are old school names. look at the way microsoft is breaking out t to the upside. look at ibm. look at hewlett-packard. look at the chip stocks we keep talking about value being continuing to think so. i'm wait for micron to make a bigger move. it will because i think it's going to go to 30. qualcomm has been absolutely outstanding. then you look at the way the financials have traded. yes, there's a couple of weak spots. bank of america put up 18, pulled back. profit taking there.

. >>> pete najarian is making a bullish bet. >> valero. the energy space has been incredible.e're seeing activity going to the upside. 52-week highs and now somebody comes out with 12,000 contracts buying the september 57 1/2 call, selling september 65 calls. bullish bet. expecting to see not just a break to the upside but a break to the highs from here, scott. >> and you in this? >> i've been in it before. unusual activity on multiple occasions. >> steph, you know, jim and i on "squawk on the street" yesterday morning talking about the refiners. i know this is one of the names on the list. >> yeah, we don't tend to play with the refiners because they tend to be trading oriented. there are so many stocks like the emp stocks. we just brought chevron on the large cap stock because it fell. we like little boring but we like to mix that in and added anadarko to offset the boring name with more beta. >>> will lion's gate hit the bull's-eye with "divergent." one of our traders said he wouldn't buy a ticket to the film with the najarians money. ouch. we have a street fight of epic pr

. >>> pete najarian is buying a consumer name. >> across the board when you look at colgate today, notmally would hit but seeing march options that expire tomorrow. april options on the 11th. then look at may. may 70 calls, scott, over 7500 trade in the first like 30 minutes, 45 minutes of the day. lots of activity out there right now. this is one of those names. 19 cents. >> you're in it? >> i own this name and i will be in this for at least a couple of weeks. >> i want to make something awfully clear as well. throw up ibm again and the fact that warren buffett never said anything negative about coga cocolgate. he didn't go out of his way to say anything positive for the most part either and many people put that out to be putting her on notice. we're looking at that story today in the way that dan niles says he's short ibm for a variety of reasons. the stock is selling off as a result. i just wanted to make that clear. >> every business is under siege. mainframe business, amazon will be the big e. competitor there. s that why you want to be short it. >>> coming up, actavis investors g

our traders are pete najarian, karen finerman, and guy adami. and the sell-off in tech is intensifying. the nasdaq on track for its biggest weekly drop since june of 2012. you see it down there. the biggest point declines coming from big names like google, netflix, priceline and amazon. so, as the nasdaq sits 5% off its 14-year high earlier this month, could this be the start of a much bigger correction? what do yu think about this, guys? is there anybody on this table that thinks this is the start of something much bigger? >> it could be. i'm a guy who has a bear suit in the closet ready to go anytime. i think the world's falling apart. but in terms of the short term with the nasdaq today, it hit against some and bounced off of some very important support. trend line that started back in july of 2013. 86.70, roughly, is the high from a few months ago. in terms of the very, very short term, i think there's a chance that the nasdaq bounces here. you also saw some of the momentum names that have been crushed over this. start to turn and burn at th

our traders are pete najarian, karen finerman, and guy adami.h is intensifying. the nasdaq on track for its biggest weekly drop since june of 2012. you see it down there. the biggest point declines coming from big names like google, netflix, priceline and amazon. so, as the nasdaq sits

pete najarian, jon najarian, and guy adami. 29 banks tested all passed. of the results. i'll kick it off with a question that goes to kelly. is this a sell-the-news event? >> i don't think so. the space started to get moving yesterday, well before this. people anticipated the stress test coming out. but a lot of it had to do with the higher yields that the banks are going to be

tim seymour, brian kelly, josh brown and pete najarian. so, it's like it never happened.? >> ukraine is a huge trading partner withhe

jon and pete najarian are here along with mike murphy and steve