is that right, pete najarian >> that's exactly right.se you put out there ahead of time because quite honestly down over 5% today and all of a sudden, earlier in the day, very early in the day, it's one of the first unusual option activities we had hit on our systems. they were buying the june 29 strike calls a couple thousand of those trading for about 60 cents positioning. this is not a name that we don't talk about because we do we talk about this one a fair amount because over the last two months or so, some pretty aggressive buying going on this time they're stretching it out to june. they bought a little bit of time and are buying the up side at the time this was executed, ashr was trading just over 27. 27.35, something like that as they were buying these june 29s. i got a really big one, too, that's interesting in terms of the triple q, scott. this one was large they are going for may going to the last expiration in may. may 31st the 190 calls. 20,000 of those were bought. around 1.60 to 1.70. that's a big aggressive buy. that's a

if you follow pete najarian, you scored big we'll have an update and today pete is finding unusual activity the housing sector that is straight ahead >>> before the break, our data partners on what happens after consumer sentiment st tops 100. staples trade negatively 100% o the time for more, cnbc.com/kensho. -driverless cars... -all ground personnel... ...or trips to mars. $4.95. delivery drones or the latest phones. $4.95. no matter what you trade, at fidelity it's just $4.95 per online u.s. equity trade. no matter what you trade, at fidelity you never know what life is going[ whimpering ]ou. and from this point on nothing is going to be the same. raising a kid it's not easy. no, no, no. this way buddy. come on. no! gidget could you watch liam? it's like we're his parents. it's like you're the dad and i'm the mom and we're in a relationship. and this is our baby. [ laughing ] well... it's exactly like that! exactly! be the first to discover the secrets. at the fandango early access showing may 25th. >>> hey, everybody you know what my favorite part of the halftime report is? when you sen

. >> fast money starts right now live from the nasdaq marketsite overlooking times square pete najarian, them seymour, tim nathan and guy adami the pinterest ipo and two major chipmakers and nvidia and applied materials and both stocks shooting higher and we'll bring you the details and tesla coming to a screeching halt neari nearing multi-year lows and we'll tell you just how bad things can get and we start off with the concrete consumer and despite all of the headwinds and trade tariffs and recession fears nothing has managed to knock down the great american consumer and we saw more of that today and walmart beating earnings estimates and we have the strong housing data and we saw jobless claims continue to fall and retail keeps rallying and is the consumer the backbone of this market how do you play it now, guy? >> you have to ask, melissa, zz top. what's ironic about zz top >> frank beard is the one guy. >> it's 12 years >> when they do this thing when somebody gets something right. >>. >> they're in the control room. >> and i will proceed with the show >> how long have we been doin

pete najarian, trade it or fade it >> i traded it to guy adami. >> i banned trade so pete shall answer >> all right at this point in the game when i look at deere, actually, look at where it just came from. look at what the stock has done over the last period and call it the net last year and i don't think it's fallen back enough andy think you have to fade this stock because there's plenty of downside >> this was going to be, and he traded to me >> fade it fade it! fade it! deteriorating, and last quarter was not particularly good and i think you'll see analysts cut numbers impeach i think this trade is 150 before it trades significantly. >> you know that you said major double top and i think it's due for a bounce, i would trade it >> wow >> i'm glad we have one because i'm a fader here, too. if you look at it with multiple times and this is not an indictment of the global economy and you can not like steel and deere in the same sentence, so i am fading john deere >> micron down 8%, grasso, trade it or fade it? >> i'm going to start off with trade it, but i'm looking at this and we're

pete najarian, peter kelly and tim seymour. nearly a decade in the after hours and we'll bring you the latest and plus the bears are out for tesla and a top analyst says the worst-case scenario for the stock could be as low as ten bucks a share, yes, ten bucks. we will also talk to that man you just saw, by the way we'll start with the markets as the u.s. temporarily easy restrictions on huawei and if you think you heard the story before you're right because despite the volatility and headwins, the s&p 500 is right back to where we started at the same level we were exactly two months ago so is this truly a market now, and this is our wheel house stock picking. >> our producers is playing a little we're stuck in the middle for you. so what would you be picking here in a world where so much stuff has sold off lows? >> and we spent a lot of tomb talking about semis and some of the things are most exposed to trade. the stock i was more bullish on and higher up and this is a stock that's been destroyed in this last month essentially

with us on this wednesday, our investment committee today, joe terranova, steve weiss, jon and pete najarian, carrie firestone is here, the ceo of asset management we begin where else, the markets on edge once again on fears that the economy is weakening the dow dropping to its lowest level in three months, industrials, financials, healthcare, all getting dangerously close to correction levels pete najarian, you've got the s&p breaking below its 200 day moving average, that was 2,776 2,769 is where we currently sit. you broke through that level, you took another leg lower what's happening here? >> well, and scott, i think what you're really looking at right now is we've had four or five days that we have had an unusually low amount of volume on top of everything else and we're seeing the volatility actually starting to move to the upside but mike wilson's been all over this, this rolling bear market, he was dead on in 2018, he's been incorrect in this early part of 2019 maybe he's starting to get a little more correct, though, because he's talked about the deterioration of what's going on in

jon and pete najarian both have unusual options activity in the options market >>> before the break, our data partners at ken show on what happens after the tlt treasury etf picks up more than 5% in a month, which has now happened 25 times in five years. the data shows tech, consumer discretionary and industrials all outpaced the s&p over the next month for more go to cnbc.com/kensho but you have the power to do so much more. let's not just develop apps, let's develop apps that help save lives. let's make open source software the standard. let's create new plastics that are highly recyclable. it's going to take input from everyone. so let's do it all, together. ♪ ♪ let's expect more from technology. let's put smart to work. ♪ ♪ your daily dashboard from fidelity. a visual snapshot of your investments. key portfolio events. all in one place. because when it's decision time... you need decision tech. only from fidelity. we like drip coffee, layovers- -and waiting on hold. what we don't like is relying on fancy technology for help. snail mail! we were invited to a y2k party... uh, didn'

fast money does start right now, live from new york i am brian sullivan your traders tonight are pete najarian, tim seymour, steve grasso and guy adami are your stock investments falling again in what has been a month to forget? nervous buyers, though, they've been barging into bonds as more and more warning signs crop up into the market, but we have you covered. the top technician mark newton on what to buy now and salima kroft, and that, my friends is we'll get to the gefrts. it's hit its lowest level since 2017 yes, that sounds bad, but in perspective, we were cut 400 points at the low of the session. guy adami. >> yes, sir? >> good guy adami. do you take solace in the fact that we were 200 points off low the and the china-related stocks and the semiconductors, they actually ended higher. >> and welcome back once again, brian sullivan >> yes >> again, you're doing a great job here, and i think the bulls will be happy that the s&p 500 defended of the 2 hun-day moving average bounced off its seemingly and that sets off going into the rest of the week. i will still say this. i think we need to

we'll debate pete najarian's buy and the name and the trade he must made. >> thank you >>> earlier todayaught up with service now ceo john donahue who joined me from the knowledge conference in las vegas and i asked him if he was worried about the volatility in the market and its impact on customer demand. >> we continue to see strong growth we had 40% growth in q1. we had close to 40% growth for all of 2018. so we're not seeing any indications of slow down and the reason for that is, companies must spend on technology to drive their digital troo transformation the fact of the matter technologies like service now help companies be more productive, help they drive or give them the capacity to reinvest in innovation we are very much part of the productivity enabler and that's part of why you're seeing very strong continued growth. >> speaking of continued growth, out with a new note after service now's analyst day calling service now the next enterprise software firm to reach $100 billion market cap that would mean the stock about doubling from here i asked him if he thinks that's reasonab

the shares have had a turbulent 2019, options traders are betting on the stock heading higher pete najarian'sade his way to the telestrator, he's got that and a couple other names >> turbulent it's been all over the place and here it is toward that lower end once again but we saw some pretty aggressive activity come into this one as well going out just a week and a half we're talking about may i've talked about very short-term for the last six or seven months now but 5,000 of these may 27 calls were bought today only going for 25 to 35 cents i jumped on board on these i like this, i like the risk-reward so because of that, is this a possibility that the stock was trading 26.5 at the time, does it get through 27 i like the risk-award of that. i got a second one for you as well pinterest. this is not a name that we have seen very much but it's only been trading, you can exactly how long, and it's wavering around close to 30 pretty aggressive buying in here today as well but they're extending out because they want to include the earnings report that's going to be on may 16th the may 30 calls wit

here to debate the and trade the big stories of the day, steve weiss, sarat, swron and pete najarian here, carrie firestone, rob is back of ubs private wealth management, one of forbes to be 100 financial advisors and cnbc senior economics reporter steve liesman. we begin with the markets, stocks reacting to a slew of economic reports, headlines around trade what else is new the most recent being that the trump administration plans, according to our kayla tausche, to delay auto tariffs for six months, good enough to turn the s&p positive pete, nice to see you back at the table. that's all it takes, positive headline on trade and the market gets swayed. >> and i think the one read i'm trying to take away from this is how far are they extending the true today talks we're talking about every single day, which is china. obviously that time frame has come and gone, we've gone back and forth with the tariffs and all this the interesting thing in the market right now is not only is there an incredible amount of volume flowing in right now, about $3 million above normal in the options market

. >> so, you know where i am -- >> except pete najarian. >> you know where i am on this >> but he has a big yes on target >> you know where i am on this i feel like both walmart and target, while they're not doing the exact same thing to get omnichannel right, they're both wide awake in a way that neither company had been for 15 years and i think they're getting a lot more right than they're getting wrong so i think both can work i don't think one has to win and the other has to lose. >> gold prices pushing higher. we'll get your trades straight ahead on "the halftime report. one-millionth order. millionth order. ♪ there goes our first big order. ♪ 44, 45, 46... how many of these did they order? ooh, that's hot. ♪ you know, we could sell these. nah. ♪ we don't bake. ♪ opportunity. what we deliver by delivering. >>> hi, everybody. i'm kelly evans. here's what's coming up on "the exchange" -- will today's big jobs report make the fed more steadfast in its hands-off approach or do they see this as a sign of an overheating economy? we'll ask cleveland fed president loretta mester >>> plus

our investment committee with us today, josh brown, stephanie link,jon and pete najarian, also with us is gary, the former vice chairman at morgan stanley, former managing director of n newberger berman stocks are higher, including some notable chip names. the government eases some restrictions against chinese telecom company, huawei, josh, we play it like this market's been in a range because it can't decide which way to go, either the trade war and everything that comes with it is going to drive stocks lower ow the goldilocks scenario is going to drive stocks higher. which way is it going to go? >> it's weird. if i just gave you the headlines of the day, of the last six months, let's call it, if i just gave you the headlines and told you to guess that we'd be in a flat market, you would say, no way. you would definitely hypothesize it would be lower and i think that speaks to the fact that rates have backed off, consumer confidence, although it fluctuates month to month depending on how people's stock market portfolios do has overall held up regardless of the headlines, even though t

. >> fast money starts right now live from the nasdaq marketsite overlooking times square pete najarianur, tim nathan and guy adami the pinterest ipo and two major chipmakers and nvidia and applied materials and both stocks shooting higher and we'll bring you the details and tesla coming to a screeching halt neari nearing multi-year lows and we'll tell you just how bad things can get and we start off with the concrete consumer and despite all of the headwinds and trade tariffs an

pete najarian, peter kelly and tim seymour.d we'll bring you the latest and plus the bears are out for tesla and a top analyst says the worst-case scenario for the stock could be as low as ten bucks a share, yes, ten bucks. we will also talk to that man you just saw, by the way we'll start with t

fast money does start right now, live from new york i am brian sullivan your traders tonight are pete najarianadami are your stock investments falling again in what has been a month to forget? nervous buyers, though, they've been barging into bonds as more and more warning signs crop up into the market, but we have you covered. the top technician mark newton on what to buy now and salima kroft, and that, m

here to debate and trade the big stories of the day, joe, pete, jon najarian adam parker, the ceo of trivariate capital management, lp let's begin with the markets, zero in on apple today goldman-sachs cutting the price target to $178 from $184 also offering up fresh concerns about how much earnings might be at risk if the trade war gets worse. pete, i'm turning to you on this they cut the price target. does goldman-sachs they're talking about -- if there's a, like a retaliatory ban because of the huawei thing, they're looking at a possible eps hit of 29%, more than $3 a share. your favorite analyst, katy huberty of morgan stanley out today, worried about additional tariffs being a $3 hit apple's going to have to absorb the cost, which she calls the most likely scenario how big of an issue is this? >> i think it's a pretty big issue, obviously i think this is something that can't be looked past because of the fact that we don't know when and if we're ever going to get to the point where we need to get to in terms of this trade war so will there be some retaliatory sort of moves? i th