pete najarian is coming us to us live from honolulu with a special edition of "fast pitch."ha, pete. look at you. >> aloha great to see you. >> are you unponytailed? this could be tv history. >> i am. i'll give you a little tease i'm a little unponytailed. >> wow. >> i'm letting it fly today, mel. >> all right, pete, go ahead with your pitch. what is it >> here's the pitch for today, it's coca-cola i liked this name for a long period of time. >> i've owned it for a long time and i think there's plenty of upside i'll give you the three reasons why i think that the management kent was great he did a great job with diversifying the company but somebody else who's been with the company for a long time, since 1996 is james quipsy who's been phenomenon 58 he just got in over a year ago but the diversification of what they are wanting to do with this company, now they didn't go the frito-lay's route we've seen out of pepsi but they've diversified away from carbonation. what i really like about the company is the fact that they've got 21 companies within their company that all produ

now it's time to make yours. ♪ everything is working just like it should ♪ >>> pete najarian at the telestrator, what do you got for us >> the stock has been moving as the market is moving, scott. take a look at where it had dropped down from. salesforce, benioff just did an acquisition, adding to software in the cloud we're seeing huge call buying going out to june. they're buying the 115 strike calls very aggressively. you can see big numbers coming in here, accumulating. they're also doing a spread off of that. in other words, buying those calls, selling a higher up call, looking for this stock to make a move towards that 120 number, not far away from that already i've got a little bit of time, i bought into this stock i like what i'm seeing i love the ceo and i think this company is doing everything right. going forward, i think this thing does start to rally as we get into a little bit deeper into april >> are there any ceo's you don't love, pete >> no, there are some good ones out there. we got a whole list of guys that are great. >> are you pitching their 401(k) at salesforce? >> chuck r

and pete najarian going to the cloud for his unusual activity today.'ll have the reveal at the top of the hour. see you in about ten >> scott, thanks for that. >>> let's get over to the cme group, rick santelli, and get the santelli exchange. hey, rick. >> good morning, carl. the following chart is a year to date chart of the dow jones industrial average overlaid with ten-year note rates. what's driving rates prior to some of the corrections we've experienced since january in the equity markets, it certainly seemed to be that higher rates, better economic fundamentals and a driving equity marketer were all in sync people complain, my god, are interest rates moving higher, going to kill it but the movement in unison is a good thing what i find fascinating on that chart is right at the end of january, early february, there was a correlation adjustment even though stock markets of course are still at very lofty levels when you think of the distance covered in the last several years, it's given up some ground. interest rates have rounded a bit. even as we

continue to ripple through global markets with us for the hour today, jim laichb thaul, jon and pete najarian kevin o'leary, the chairman of otf. and we begin with stocks under pressure industrials, techs, financials pete, tell me what's going on. inflation a little hot, retail a bit weak real worries about a trade war and escalating one with china and all of it is having an impact on the market red in many sectors today. >> on the top of that list i'd put the concerns i don't want to overplay this, but the concerns of a trade war, scott. we saw it yesterday right before you went on the show, the market was looking pretty strong. we start to sell off and i think a lot of that sell-off in the latter part of the day was some of the concerns that people have about what this administration is doing and how they're going to be operating going forward. that puts everybody at a little bit of a disadvantage right now because they really don't know. >> i'm wondering if we're at the risk of underplaying it. not taking it seriously enough if you have a real knockdown, drag-out battle with china, that co

it's our call of the day we bring in pete najarian from minneapolis. you own the stock?> i do. >> what do you think of this we have learned recently, we were joking about it the other day, wynn was getting out. why should we be getting in? >> well, because if he were still there and didn't have some of the allegations against him, which he's fully denied, i guarantee you he would not be getting out of his stock i think steve wynn has done an outstanding job over the years in terms of how he bought his own stock when it was getting beat up. he told everybody by the way he -- by what he did with his actions. yes, sold out of his stock position going forward, there was parts of this put in place that are all the way through 2022 and beyond so he has set the table for the next ceo that's going to take over, and move wynn forward. you got to understand, they have a great position, they have incredible flows in terms of cash flows, and the fundamental story is there everything is still in place steve wynn won't be there, i think that's sad and unfortunate that he won't be lead

plus, pete najarian is back from hawaii aloha.has one stock he says is a home run he will step up to the plate to tell us what that is much more "fast money" still ahead. that five stars, two thumbs up, 12-out-of-10, would recommend thing. because if you only want the best thing, you get the #1 thing. directv is rated #1 in customer satisfaction over cable. switch now and get a $200 reward card. more for your thing. that's our thing. call 1.800.directv say carl, we have a question about your brokerage fees. fees? what did you have in mind? i don't know. $4.95 per trade? uhhh. and i was wondering if your brokerage offers some sort of guarantee? guarantee? where we can get our fees and commissions back if we're not happy. so can you offer me what schwab is offering? what's with all the questions? ask your broker if they're offering $4.95 online equity trades and a satisfaction guarantee. if you don't like their answer, ask again at schwab. i we worked with pg&eof to save energy because wenie. wanted to help the school. they would pu

traders on the panel today -- pete najarian, tim seymour, brian brian, and guy adami tonight on fast, it is crypto hell with bitcoin having its worst quarter since 2011 there is one coin brine kelly says is going to the moon. it's not bitcoin he will tell us what this is. >> the top analysts on wall street coming out and saying this might be your best chance to buy facebook, the social media giant despite the controversy. >>> first we start out with the market rally the dow surging. the dow and s&p managing to end in positive this week. even the most hated stocks this week had a reversal fortune, amazon, tesla, netflix even bond. do you trust the bounce? do you fade it or trade it >> i don't think you fade it i don't necessarily trust it but 2585 held up it sold off late any day month end, you can give a lot of reasons, quarter end if nothing else the last couple of weeks gave me something steadfast to trade against in terms of the s&p at the 2585 level. in terms of individual stocks last night we said there was a chance amazon would trade down to $1300 down to 1365 today the reversal

we referenced pete -- pete najarian >> i raise my target to 70 because he made me reevaluate. now i'm saying instead of 70 instead of 60. >> next week 70 -- 80 today was one of those days, and today was another day. broadcom is there a worst acting stock there they better do a buy back. there are bad cracks in semiconductor sector broadcom is front and center >> last year the eagles weren't on anybody's radar screen. eagles won the super bowl. now there is a bull's eye on their back nvidia, a couple years ago, nvidia, this is a graphics chip. now everybody is talking approximate nvidia, are you cool with it trading 32 times forward earnings do they have to do everything exactly right for the stock to go higher. >> they don't have to do anything more exactly right than delabarton i follow you on twitter. i know delabar ton is like the patriots i know what's going on nvidia has come down i'm not saying it's been derisked look i'll sure right now left is listening from citron and he's ready to say this stock is vulnerable you know why? because it is just vulnerable. that could ta

guys, thank you both very much guy adami, pete najarian and a lot more coming up on "fast money" at 5ay. >>> shares of amazon turned around to close higher by about 1% they fell earlier in the session when the president criticized the company in a tweet up next, our dash for amazon series continues today's match-up, pe'soste bton today's match-up, pe'soste bton against th we're helping today's leading life sciences companies go beyond developing prescriptions to offering subscriptions with personalized, real-time advice for life-long, healthy livingi honey? you almost done? nope. get ready, because we're helping leading companies see it- and see it through-with digital. g whenapple.ght be time to buy or sell? with fidelity's real-time analytics, you'll get clear, actionable alerts about potential investment opportunities in real time. fidelity. open an account today. the battle for hq2 is up next. ♪ whether it's a big thing, small thing, or something unexpected, pnc will be right there when you need us. because when it comes to your finances, if you focus on today, tomorrow has a way

continue to ripple through global markets with us for the hour today, jim laichb thaul, jon and pete najarianevin o'leary, the chairman of otf. and we begin with stocks under pressure industrials, techs, financials pete, tell me what's going on. inflation a little hot, retail a bit weak real worries about a trade war and escalating one with chin

i told you, pete najarian is tracking the options market. you have two >> i do.ce. i'm not a gold bug we all know that newmont mining has been in a grind after hitting 42 in january. pulled back to the 37s today the april 37 calls were aggressively bought. 6700trading between 2.75 and 3.10 keep an eye on that. goldman sachs had a report out about dislocations between gold an rates this could be an outperforming area, gold that is i actually bought these calls. this is a deep in the money call this is somebody who rather than having stock, they're using this and having the leverage to be able to have options that could move pretty much like the stock is going to. >> we got it what's the next one? >> slv the july 10 calls -- '18 calls aggressively bought. only a 15 cent option. this would take silver having to break out for these to come into play >> pete, we'll see you back here later this week. >> sounds good, man. >>> in today's blitz, the trades on intel, finish line.driving a leap into the digital era draws youthful populations to mobile banking and e-commerce

that's the news update at this hour scott, back to you >> thank you very much >>> up next, pete najarian joins us for unusual activity. he is following bullish options moves today in a consumer goods it gn %.d 'sow15 over a year. see if it's poised to reverse that halftime report back in two minutes. ♪ ♪ wake up early, o. ♪ slap on some cologne ♪ i'm 85 and i wanna go home ♪ ♪ just got a job ♪ as a lifeguard in savannah ♪ ♪ i'm 85 and i wanna go home ♪ ♪ dropping sick beats, they call me dj nana ♪ ♪ 85 and i wanna go don't get mad. get e*trade, kiddo. ...with its high-tech cameras mercand radar...c... ...contemporary cockpit... ...three hundred and sixty degree network of driver-assist technologies... ...and sporty performance... ...what's most impressive about the glc? all depends on your point of view. the 2018 glc. starting at $40,050. mercedes-benz. the best or nothing. >>> justin trudeau will join "power lunch" at 2:00 p.m. eastern time get his comments on trade, tariffs and a whole lot more pete joining us now from minneapolis. he is tracking the options market on a consumer staple

. >>> let's go back to pete najarian in minneapolis watching the options.ou let us with a tease so what is it now. >> i was asked to be quick footlocker is the less expensive play and footlocker is inexpensive and the may44 calls and tradin 43.60 and 2500 bought for $2.25. that tells mes that a great spot to be. i'll be in there by the end of the day for sure i'm not in there just yet. second one for you, as well, the interesting thing is we've been talking about se talking about semiconductor and how about cypress semi 14,000 of the may 19 calls trading for 50 cents and that was bought that is a big chunk all in one print. that is just above where the 52-week highs are. is cypress ready to break out, i like what i'm seeing in the semis. >> have a good weekend >> te akcare. >> we'll do final trades on the other side of this break ♪ feel that? that's the beat of global markets, the rhythm of the world. but to us, it's the pace of tomorrow. with ingenuity, technologies, and markets expertise we create the possible. and when you do that, you don't chase the pa

. >> sound one buyer david seaburg, pete najarian, thank you both more coming up on "fast money. >>>terest rates today and joining us now is jim graham editor and founder. what was the important criteria that you were watching today and did he deliver >> well, my view is that the world puts too much belief, faith, in the powers of the fed to control the events. and that it has a 4 trillion police balance sheet, it is an important institution. but look for example at the seemingly autonomous rice se in what we know as libor. >> this is interesting >> we talk about the fed funds rate which is administered, biout there is a rate called libor to which is attached about 3 $300 trillion worth of loans and student loans and derivative contracts. so libor has been going up a lot. if it were a stock, you'd want to own it. there is no jay powell at libor. it go it is a rate that is polled. there is the new and improved since 20134. it it is cleaner. but they ask banks how could they fund themselves on an insecured basis. answers have been going up and up and up. so it is -- so that is to me a

from the nasdaq market site overlooking new york city's times square i'm melissa lee traders, pete najarian, tim seymour, daan daan, and guy adami. what is wrong with down? the cryptocurrency hovering around $8,000. what are the biggest bitcoin investors doing? they are hanging out in puerto rico we will head there and talk to our crypto baller brian kelly. "mad money" with jim cramer's jim cramer sat down with the ceo of intel which company could he be buying you will not believe what he just cold cramer jim will be here shortly first, the news that sent the markets soaring. >> we come in peace here the thing everybody on wreaths wall street need to understand is relax if you look at the negotiating posture this country, all of these countries that are uj running huge trade surpluses with us have no incentive to rock that boat >> that was peter navarro the director of trade for the white house tempering fears about a potential trade war. the dow climbing 250 points at the highs of the day but the indes closed clear ultimately ending up just overible triple digits has this market done from

. >> live from the nasdaq market site overlooking new york city's new york scare pete najarian, steve grasso and guy adami. tonight, an interview with cnbc about the challenges the social network faces. is redemption a relate for the tech join. john scully joins us to sign in on the scandal and weigh in on the tech wreck first, the dow got crushed today. sinking more than 700 points, closing near the lows of the session. now in correction territory. the s&p 500 joining the dow. both lower for the year. it is a myriad of issues unhinging this market. president trump announcing tariffs, tech stocks getting slammed as facebook remains under fire and chaos as well at the white house as the lawyer for trump in the mueller investigation resigns. guy adami? >> last week the lead of the show was are we now in a sell the rally mode pete said absolutely karen said this was the first concerned she has been in quite some time. she was getting long volatility. it's playing itself out. i thought the disappointing thing today, maybe i'm incorrect but 1:00 the market was starting to turn up now in th

even pete najarian said he favors selling the amount. one of my favorite tech stocks is micron. >> facebook is the reason semiconductors or you name it and this might have happened and i agree with that. we see that going on the rest of the world looking at technicals >> 2687 on the saup ca&p cash. if we do that it's 2580. that's going to test the mettle of a lot of the investors around armchair psychologists, whether or not you're a sophisticated trader both of them are sophisticated on some level. i do think markets will do one more switch to the down side >> all right unsophisticated trader weigh in here. >> hang on a second. let david go >> oh, you've got to be kidding me >> it's 32, by the way >> you mentioned d.c i think when you talk about the tax cuts, we had a parabolic move after the tax cuts into january. a lot of people were getting worried on valuation basis what did we over shoot as the fed is going into a free -- you know a cycle for that sort of thing. all of a sudden you have some investors a little bit concerned looking

traders on the panel today -- pete najarian, steve grasso, tim seymour and dan nathan >> mitch steevs bought a media giant today. >>> the winner of the facebook fallout? it might be blockchain a top analyst will explain why the data scandal could be the catalyst for the blockchain technology >>> first we start with the federal decision to raise rates. jerome powell towing the line not too hawkish, not too dovish. let's get to steve leishman in d.c. >> let's tell people what happened it was the first press conference for fed chairman j. powell feds raise hiked to.15 to 1.75 and signalled more hikes ahead it upped the outlook for growth and lowered the gdp. also raised the outlook for interest rates not this year. one forecast short from a fed official for four hikes this year it remains at three. but upthe outlook to 2.9% next year and a strong 3.4% in 2020 it didn't move the inflation barometer or the outlook and i asked chairman j. powell how they could forecast better growth, lower unemployment but not more inflation. >> after the crisis it was 10% it's now 4.1%. you have only seen

jon and pete najarian are here at the stock exchange, erin brown is the head of asset allocation at ubs, josh brown joining us as well we've got tariffs coming down the pike on china, stocks are having their worst day since february 8th >> vix pushing up to 22, that kind of level, judge, you and i talked upstairs about whether or not when the president's -- the unknown of what the president is going to present we know it's going to be about $50 billion in tariffs we of course can only speculate as to what the reaction will be from china the counterpunch, if you will. but i think there's the possibility at the bottom of the hour that the market reacts to this news not in the same way that it's been reacting while it's unknown in other words, once we know how -- which industry groups are going to be impacted by this, i think then we're more likely to see a potential for maybe not taking it all back, but for some sort of bounce we'll see. >> the dow, erin, is down a full 2% as we speak we'll call it 500 points we just eclipsed the 500-point decline. >> i think what will be important this a

traders on the panel today -- pete najarian tim seymour, steve grasso and guy adami tonight on fast, bitcoin nearing a death cross sending crypto traders into a frenzy. but tom lee keep calm and hoedel on first we start off with the tech tantrum, raging on and the markets fallen angels, the once high flying stocks could have gone from beloved to discarded. tesla and facebook both in bear markets. google, nvidia and noirks in correction territory and amazon falling amid the wreckage as investors fear it will become the next tart of the trump administration will amazon rise again if not, what does that mean for the market >> pete. >> i think the amazing thin about amazon, it's down 10% in the last week. it's still up 22% on the year. the amazing part, this trades with an incredibly high valuation. a lot of what we are seeing right now is a reaction of of facebook and the selling of the fang names and other tech names as bell. going after names in the market right now that have high valuations, clearly amazon would be one of those names. is it partially -- i had say it is, partially bec

from the nasdaq market site overlooking new york city's times square i'm melissa lee traders, pete najarianand guy adami. what is wrong with down? the cryptocurrency hovering around $8,000. what are the biggest bitcoin investors doing? they are hanging out in puerto rico we will head there and talk to our crypto baller brian kelly. "mad money" with jim cramer's jim cramer sat down with the ceo of intel which company could he be buying you will not believe what he just cold cramer jim will be here

traders on the panel today -- pete najarian tim seymour, steve grasso and guy adami tonight on fast,ring a death cross sending crypto traders into a frenzy. but tom lee keep calm and hoedel on first we start off with the tech tantrum, raging on and the markets fallen angels, the once high flying stocks could have gone from beloved to discarded.

live from the nasdaq market site traders on the desk are pete najarian, tum tim, karen finerman, anddami. tonight on fast it is the kroipt canary in the coal mine of the is the bitcoin sell off a warning sign for stocks. a stop strategist from wells fargo is here with a bold

. >> live from the nasdaq market site overlooking new york city's new york scare pete najarian, steverasso and guy adami. tonight, an interview with cnbc about the challenges the social network faces. is redemption a relate for the tech join. john scully joins us to sign in on the scandal and weigh in on the tech wreck first, the dow got crushed today. sinking more than 700 points, closing near the lows of the