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pete najarian, where do we stand? >> this volatility works. when you look back to yesterday, we got a move in the market of 2%. then we've had other moves this week where we're talking about 1.3%, somewhere in there. so this volatility is still on the low end. we really should be trading towards the mid-20s right now based on the moves we're getting. and today was really spectacular as far as moves. up, down, up, down. then finishing down as far as we did. i i'm telling you, the volatility is back in this market place. i'm surprised by how much we're seeing right now. >> how are we feeling right now, steve? we've seen the transports roll over. technology, not financials quite yet. but maybe that's the next one with all the bankerings coming up. >> for me i'm more concerned with macro. then you look at technicals. so we thought we had a test on the 200 day average. we did that but we have to break through it. we've got to be below it for a couple days to convince the buyers to get back in. >> only a couple points away from that level. >> 1904 i

. >> pete najarian, are you surprised the stock is up? a market, as well. >> pete najarian, are you surprised the stock is up? >> i think it was undervalued for a long time and part of the reason why they said there are synergies we can put together here. western continent with the eastern refineries and all the rest of it as far as connectivity. so interesting there. going back for a second in the transport world, the way the airlines were absolutely decimated, and today actually filing, it feels like one of these overreactions obviously. the input is obviously fuel. but after that, now it's the ebola scare that has everybody on -- for understandable reasons. but huge paper has been coming into delta, and american airlines in the options world. and we've been seeing more and more of that. so i'm encouraged when i see that. we don't see it in certain areas. he with ta we talked about energy. good to see this paper. >> yesterday really it seem to be very ebola did-focused in the afternoon. so this is a nice turnaround, but if you look back

stephanie link, mike murphy, john and pete najarian. the strongest day for the s&p 500 and nasdaq in more than a year and a half. credit earnings from a number of companies for the gains, 3m and caterpillar. the industrials were good. strong day. >> industrials have fallen about 10, 15 percent. expectations were low on concerns of the dollar and europe. and certainly the companies are saying that europe is soft. but they are doing a lot of better job in terms of off setting with better results in from north america, as well as margins. i was impresed with caterpillar. 3m. all four division had margin expansion. organic growth about 5, 6%. non residential and residential construction leading the way. a sigh of relief for me. i think the group that's lagd is starting to catch up and very encouraging. >> the most important things steph just said was a sigh of relief. because if you believe that this market can take that step higher, you need earnings to come in where people hope they will. and this is the kind of day that makes you believe

pete najarian. --. we do begin with the markets and stocks rebounding from their worst three day losing streak in three years. good earnings and perhaps comments from bond king justify ree gundlach. and what are this things you need to be watching right now. josh brown, broken or bruised? >> think up tic that began is over. i think we're in a consolidation period. i think it is perfectly health, in fact long overdue. most of the market had been consolidating or crashing for a lot of the summer and now it caught up and there's abnormal about that. it happens all the time. it doesn't mean the market is in big trouble. >> are you saying the bull market is broken? >> no i'm saying that beautiful glorious up trend where you could buy every dip and count on the v shape recovery is a think of the past. now it is a new phase. and t it's fine and healthy. and shouldn't change anyone's plans. >> pete, what do you do? we're trying to figure if this correction is going to get much deeper. fit's nearing an end. i ha

pete najarian, steve weiss. josh brown and mike murphy. we begin with the search for opportunity. and the fact that stocks are coming off their best day of the year. a far cry from a week ago today. the s&p sliding. anxiety raising and investors wondering where their portfolios were going. certainly for at least one of the world's biggest and best investors david einhorn all that meant a chance to pounce. >> we've been kind of frustrated because we probably haven't been as long as other people and the market has mostly gone up. so we've been waiting for opportunities to buy things and things we like. and last week and the week before were the first time in quite some time we saw things we actually liked coming down in value to point we wanted to buy. >> josh he makes a point. david with us yesterday. and green light, opportunity knocks given what happened in the market. >> i think there is always opportunity. david does a ton of research on his names and knows them really well and has a good ens sense of their true value. so when you see a broad market selloff where essentially th

i am "fast money." >> i am pete najarian. i am "fast money." >> are you "fast money"? go to the nbcuniversal store and order your "fast money" t. run with the big dogs. create things that help people. design safer cars. faster computers. smarter grids and smarter phones. think up new ways to produce energy. ♪ be an engineer. solve problems the world needs solved. what are you waiting for? changing the world is part of the job description. [ male announcer ] join the scientists and engineers of exxonmobil in inspiring america's future engineers. energy lives here. big day? ah, the usual. moved some new cars. hauled a bunch of steel. kept the supermarket shelves stocked. made sure everyone got their latest gadgets. what's up for the next shift? ah, nothing much. just keeping the lights on. (laugh) nice. doing the big things that move an economy. see you tomorrow, mac. see you tomorrow, sam. just another day at norfolk southern. [ male announcer ] your love for trading never stops. so if you get a trade idea about, say, organic food stocks, schwab can help. with a trading

. >> pete najarian? >> i agree with guy. a little bit of a surprise how fast the snap back game. when the earnings are coming out, when you go through what the earnings have been over the last week or so, the good earnings they sold them off anyway. a lot of that was ebola. when we saw the oil really dragging down the market, that pulled down some of the good stocks as well. created opportunities. whether it was in the airlines or even in the financials. look at the turn we got out of goldman sachs from last week trading at the near 170 level and now at 183 again. the pops we've gotten out of these have been fast, faster than anybody expected. volatility has come down less than a half. >> what were you buying then? >> in the last couple of four or five trading session, goldman sachs, morgan stanley, bank of america, citi, then in the airline doubling up and tripling up on some of those. that's been the area because ebola, i know it's in the headlines every day, in front of everybody's face, we'll be talking about it later as well. but has that immediately affected the airlines ye

pete najarian. --.do begin with the markets and stocks rebounding from their worst three day losing streak in three years. good earnings and perhaps

. >> john and pete najarian. also chris hizy with us. pete. worst days in a couple years. downright ugly. chips down 7%. small caps have rolled over. should we be concerned? how can we not be. >> we better pay attention and have some concerns. the one thing is look at the financials all day long. wells fargo, j.p. morgan, citi. these trading in the green for most of the day when the rest of the market is up and down. those chips, i think those create opportunities because as we talked about many times. the smh, when it's down 7% and you have been waiting and looking i think there are plenty of opportunities where you have growth still. they are in the right space if they are connected with mobile in anyway i think a lot of those names when you get this sharp selloff, is this based upon any metr metric having do with themselves? no it's all the geopolitical things right now including the ebola as well as everything else. when i look i see opportunities in the marketplace. financials are leading the way. >> chris, is that the right way to lead this? >> no question about it.

pete najarian, signs of weakness in this market, dow component boeing driving down the indent. weep have the latest on that stock coming up. more than 2.5%. new data out today, saying inventories rose more than expected. how should we decipher this? lower oil is good for the consumer, but what does it tell you about the economy? >> yes, i guess it's good for the consumer, but is it great for the economy? when you see oil down towards 80 in the last couple hours, that absolutely was part of at least the biggest part why the market flipped to the down side. then you look at the volatility index spike right back up. we had gotten down into the 15s. we were over 31 just a week ago, so the volatility is back in the marketplace, the volatility is volatile, and that's the market we're sitting in. extremely volatile, headlines leading us all the way. >> i wonder what you think, brian kelly, in terms of the consumer. we always get lots of tweets say it's great for us, because it costs us less to fill up our tanks and heat our home. nat gas is also down. >> there wouldn't be something th

john najarian, his brother pete as well. josh brown is ceo of rid holtz wealth management and mike murphy. the stunning reports from amazon. a massive miss and even more questions than answers about where the company is going and whether investors have simply given up on bezos. the stock suffering another painful deline and now having its worst year since 2008 when it lost some 44%. pete they continue to spend money. >> that's not been a problem. they spend money. >> making drunken sailers look frugal. >> absolutely. and they look to international markets and that is not working either right now. those margins are off. so this is a real problem. folks are finally starting to embrace this. you always wondered when they would. and now looking at real number. this earnings season, i think more than any that we've gone through has really become the focus on these fundamentals and on these numbers. as we've seen the volatile markets people have to put up the right numbers. if they don't there is going to be punishment. >> this is

stephanie link, mike murphy, john and pete najarian.gest day for the s&p 500 and nasdaq in more than a year and a half. credit earnings from a number of companies for the gains, 3m and caterpillar. the industrials were good.

john and pete najarian are co-founders of option monster. franco on the flor of the new york city stock exchange today. and steve leaseman is with us onset. we begin with the markets and stocks showing more volatility than we've seen in years. big selling at the open. bit of a bounce though things remain

pete najarian, steve weiss. josh brown and mike murphy. we begin with the search for opportunity.at stocks are coming off their best day of the year. a far cry from a week ago today. the s&p sliding. anxiety raising and investors wondering where their portfolios were going. certainly for at least one

jon and pete najarian, are co-founders of option monsters. josh brown, mike murphy, we begin with this big rally to end an incredible month. the dow hitting a new interday high today. fresh stimulus in japan giving a big boost to stocks here and around the world. s&p up 15% in ten days. nasdaq up 12%. is there more room to go? is this too much to fast or not? everybody is bullish now again. >> it always feels like too much toovz. and as i mentioned yesterday i had been in the camp that i didn't think there was much more to go in this snap back and i said look the internals are telling me that i'm wrong. and yesterday pointed to the new high low index. today i'll point to advanced decline. expanding leadership. expanding amount of stocks joining the rally. companies that missed aerks coming back to new highs and companies that beat earnings continuing to lead. almost every sector, almost every stock. small caps, mid cap, large caps and now thanks to central bankers it's international. every continent. so i'm not sure if you could say this look

john najarian, pete najarian. and here is where we stand right now. dow trying to avoid its sixth straight losing

." >> i am pete najarian, i am "fast money." >> go to the nbc universal store and order your "fast money" tee. [ bell rings ] hi michael! looking good! trying to keep up with you! i told my producer karen that i take metamucil because it helps me feel fuller between meals. it's just one small change that can help lead to good things. now she's breaking up with the vending machine. nope. i call that the meta effect. [ female announcer ] 4-in-1 multi-health metamucil now clinically proven to help you feel less hungry between meals. and promotes heart health. experience the meta effect with our new multi-health wellness line and see how one small change can lead to good things. >>> oil hitting its lowest level since april last year before reversing and settling slightly higher as saudi arabia adds to the pressure by kuth crude oil prices. how low could oil go? paul, good to see you. so let's get to that question. where do you think oil is going to go? >> we need help from the saudis or libyans. the libyans is total lly unknow. what's worried the market so much is we've had no real signs of

john najarian, pete najarian. and here is where we stand right now. the dow trying to avoid its sixth straight losing session. the nasdaq dipping into correction territory again. albeit briefly. you have had a comeback in stocks dow down only 73 points. a bit of come back and we continue to watch that closely. joe what do you make of the trade thus far, obviously considering the volatility we saw yesterday and put it in context with what we're seeing now. >> this morning at 3:30 the s&p futures are around 57. they proceed to fall down to basically yesterday's lows. a lot of guys that i talk to who are trading the markets basically closed the books up at that point. and i think today is probably one of the more confusing days in terms of trying to understand which direction the market wants to gravitate towards, either higher or lower. >> i spoke to a hedge fund manager a little earlier who said the market is uninvestable. >> yeah. >> it is tradeable. it is uninvestable at this point. >> i know pete and john and instead of are quite a bit active in ter

dues pete najarian think about that area now? and all of today's big movers as well from post nine.n just a bit. >> sounds good, scott. >>> in the meantime over the dominick chu and a market flash. >> technologywise, gt advanced technologies the stock is plummeting on report it will exit the sapphire glass manufacturing business. the company supplied that to apple for the glass on its particular iphones and what not but made the decision after apple decided not to use it on its iphone 6. gt now has a cap of -- after filing for bankruptcy. >> even apple is saying it was surprised by that move. thanks dom. apple pay will be released november 7th. the banks involved will also shoulder any fraud liability should it take place in the apple system. now apple's lead designer also offering comments on what he calls theft. at vanity fair's vent in san francisco. he called copy cat products simple theft. the last thing i think is oh that's flattering. all those weekends i could have been home with my family. i think it's theft it's lazy. i don't think it's okay at all. pretty strong words. we

jon and pete najarian, are co-founders of option monsters.murphy, we begin with this big rally to end an incredible month. the dow hitting a new interday high today. fresh stimulus in japan giving a big boost to

and john and pete najarian. and paul richards. we do begin with what else? the market.fter better than expects jobs report. the unemployment rate its lowest since 2008. the dollars up. all of it seems to be more evidence. >> oh my. >> that

and john and pete najarian. and paul richards. we do begin with what else? the market. stocks rising after better than expects jobs report. the unemployment rate its lowest since 2008. the dollars up. all of it seems to be more evidence. >> oh my. >> that u.s. is the best place to be. >> whom am i on the end? i forget which one is on the end. i think the way to look at today's report is that it probably doesn't move any needles anywhere inside of the fed. but if you look how it's being interpreted in terms of rate expectations, you had a 30% chance of rates moving in june 2015. now that is closer to 40 percent. it's not a big a deal. this is exactly what the stock market wants to see. it is clear from the way things are moving. also interesting the dollars up and it is not effecting stocks today. that is something new and nice to see. >> pete does this end talk of a correction? >> i'm not so sure it ends it, scott. but i think when you look at the volatility over the last couple days this week. we've had nice spikes and all we see the volatility index absolutely collaps

comeback on friday but then going in reverse today, down nearly 1%p i'm here with the traders, pete najarian and mike murphy. introduce you to our guests in a moment. you figure the market would swish following the volatility of last week. looking into earnings coming in a couple days, the bankruptcy which everybody on the street is talking about today, pete. >> that's part of the concerns as we get into this next week, now we're talking about earnings, past the data, a lot of the things from last week. that doesn't mean volatility is gone. as we get into earnings we're going to see the elevation in the volatility. today we were down very small in the volatility index when the market was skyrocketing to the upside. but as we've pulled back watching the volatility come back in, a combination of a lot of things pushing this market around. like you said sloshing around but it's what we expected. >> murph, i go back to the question we asked several times last week, what's the tell in the market right now? is it the russell, small caps, is that the big concern that all investors should be worried

john and pete najarian are co-founders of option monster. steve franco on the flor of the new york city stock exchange today. and steve leaseman is with us onset. we begin with the markets and stocks showing more volatility than we've seen in years. big selling at the open. bit of a bounce though things remain unsettled at this hour. poor economic news. new ebola fears. worries about europe all playing a role today. and the so called fear gauge the vix is ripping hire. we kick it around right now. steve, you first. you are at the 50 yard line of the action today. give me the feel down there as to what you make of how the trading's gone thus far. >> a long time since we had an open like that. where you felt like the futures were down aggressively and reel nerves in the game. and this is the first time i felt that. and you pointed this out yesterday, the low on monday was 1874. we said keep an eye on that level. we headed to that and break that yesterday. so yesterday's low was violated. 1871 was the level to watch. today is level is 1837. we

let's meet today's starting lineups, stephen weiss, pete najarian co-founder of option munster, josh brown ceo of rid holtz wealth management and mike murphy, also with us today, is tony dwyer chief strategist at cancord genuity. stocks off their worst week in more than two years and the market making investors more jittery they've been in an awfully long time. our question today, are things about to get a whole lot sfwhors the drop in oil, cyclicals, small caps would seem to suggest they might. so would a spike in volatility. what's the best way to navigate all this. josh, i think the most important chart to watch today is the one we're going to put up and that's the russell that has concerned me the most for the longest period of times because the russell since july has been rolling over. >> yeah. >> small caps today in the face of uncertainty all over the place in the market, are. >> there is an argument between -- >> i'm not trying to do that. if it sounds that way it's not my intention. stability in the small caps you stem the tide. if you don't you have problems. >> i think it'

let's meet today's starting lineups, stephen weiss, pete najarian co-founder of option munster, joshf rid holtz wealth management and mike murphy, also with us today, is tony dwyer chief strategist at cancord genuity. stocks off their worst week in more than two years and the market making investors more jittery they've been in an awfully long time. our question today, are things about to get a whole lot sfwhors the drop in oil, cyclicals, small caps would seem to suggest they

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pete najarian, signs of weakness in this market, dow component boeing driving down the indent.t on that stock coming up. more than 2.5%. new data out today, saying inventories rose more than expected. how should we decipher this? lower oil is good for the consumer, but what does it tell

pete najarian, and others, s&p close and the nasdaq hitting a highest level since march 2000 after the market with a plan to ramp up its version of quantitative easing. on this heal ween, traders on this desk are actually getting a little scared. is this a rally to fear? what do you think? >> i think the reason why we rallied today is scary. bank of japan stuff unprecede unprecedented -- that rile textbooks about this.

live from new york city's times square, the traders a pete najarian, dan nathan, karen finerman and guyhe latest on the ebola outbreak chimerix rallying. we start off with our top story tonight. our split is a red flag for investors. hewlett-packard announcing today it will split into two companies, an enterprise business and pc and printer busy after ebay announced last week it was splitting from payp

steven weiss, mike murphy, pete and john najarian are co-founders of option monster. the tail of two techs. twitter dropping, alibaba popping. the latter becoming the largest publicly traded non u.s. company. the former down big after earnings disappointed the street. concerns of slowing user growth. twitter first. >> yeah. big disappointment in the user growth. only up 4.8%. a year ago numbers. that was disappointing. i think now this selloff today provided incredible opportunity. i actually jumped on some of the calls in there today. and in terms of alibaba i love what jack ma had to say about that company as well. >> you are looking positively at -- >> i am. absolute will i. i look at the numbers and i think there are ways they are going to be able to move that conversion rate into mobile space still. and when they talked about ad spend, and bob peck has been a bull on here. he was discussing the idea that as they have sold off you can see still there are area where is they got gains and where the gains are going to come is from the brands that are liking what they

steven weiss, mike murphy, pete and john najarian are co-founders of option monster. the tail of two techs. twitter dropping, alibaba popping. the latter becoming the largest publicly traded non u.s. company. the former down big after earnings disappointed the street. concerns of slowing user th

najarian's usually find it and tries to make money on it. and today the option's o action is in a tech gain. what are you seeing pete?>> it's in it is in marvel. churning between $13 and $14 a share. if you want to compare it to something like a broad calm. a huge discrepancy in how they are trading against each other. the november 14 calls are getting bought in a huge way. 169 open interest and started buying these for about 19 cents, up to 20 cents. very aggressive positioning, giving themselves time. those are going to expire on november 7. these november '14 calls mptd there is a little less time than normal. i think the stock is going towards 14. >> you in? >> i am not in yet. i will probably try to get in after we are done with today's show. >> not so fast steve weiss. in june weiss made a bullish call on halcon resources. >> i think the stock goes a lot higher. >> still believe it? >> i still do. the stock actually traded up 50% and now it is down near 50%. i sold a good chunk of my position. to me the story hasn't changed. good ridge petroleum which declined by more. part of it is the company but not really.