pete najarian, you tend to be more optimistic. do you think it is back to bunker or bet on the consumer getting out there? >> i think it is okay to bet on the consumer i mean clearly when any of us have travelled if you are traveling as much as i am. those planes are full. you go into any stores, not just grocery stores, and it is bustling again and i think that kpur feels stronger and that is why the numbers look very similar. i think dan mentioned february 2020 when you look at what was going on then and then what we had to go through and where we're back to now, it seems like the comfort level is there and when you look at the volatility index, we cannot sustain over 20, mel we popped over 20 today. we were there for minutes and then before we know it we closed back down in the 18s and it is just amazing to me how quickly we actually just flipped and that is kind of what the markets are showing us right now i think the consumer is strong when we've heard so far through the earnings season thus far, we've heard some really stunn

because pete najarian. people will be surprised by this move -- you sold netflix. >> oh, oh. >> you sold netflix shares. >> yeah. >> that plays into the conversation tell our viewers why. >> it was in -- it was a short-term play, scott based upon where i had seen implied volume tilts that were higher in that specific name than in other names where i was able to be able to own the stock, sell options against it and then wait. and i did this for a very short time frame, about two, three weeks. i think i've only been in the stocks maybe three weeks, four at the most and i sold premium against it and i decided, i don't know but i get uncomfortable at times because this is a name that does -- it does trade. we all know that wsh as at a premium p.e. it's very high i like it. i think they're quality. i think they're number one kevin was just talking about them being number one. disney right up on them at their heels at number two. i think this is a great name that said, i think i needed to take a little off the ta

is the time to buy in small cap dip and be equal weight across the board. >> a nice lift today pete najarian has a question for you. brian. pete. >> brian, great to have you on, man. i'll tell you, i'm curious about this we watched volatility last week. last friday was 15 we got close to 25 yesterday. close to 24 today. back under 20 again. is that something that ever comes into the factoring that you're looking at, the volatility side of the market? and we do get one of those four, five, six, 10% pullbacks, that you don't think is going to be the world is coming to an end, what specifically are the areas that you would be targeting that you'd say, you know, on a five or six or 10% pullback i'm looking at this sector because i think this is the sector to own? >> well, nice to see you as well, my minnesota brother i would say -- i'll answer in reverse order. i would be buying tech communications services and consumer discretionary with bossing are both hands and feet on any kind of pullback over 5%. knows are the structural secular leaders of this economy of the next 20 years. that's number o

joining me for the hour today, brenda, joe terranova, rob and pete najarian from market rebellion.com. the dow and s&p look to extend their record runs. a little bit of work to do dow slightly negative as is the s&p. nasdaq higher. the ten-year note yield say big story today at 1.31% joe terranova, the 10-year on the move banks are on the run and i come to you first because on friday, you tell us you bought bank of america. >> i did, scott. i'm just continuing to add to the financial trade. i view the inflation friendly trade as being liquidated over the prior few weeks. from a positioning perspective with the concurrent rise in yields you're going to see market participants race back towards those inflation friendly assets and i think they are doing it in particular for financials themselves bank of america, i selected, because of the correlation to the yield curve. not only is the 10-year yield rising here from 1.12 but also the yield curve is moving out. why is that important? net interest income expectations for the year we saw the analyst community gie ity guide those l bank of a

pete najarian? >> the realreal. the stock sold off people are buying. call >> josh brown? >> pete, my fabulous jacket, realreal >> see nice >> josh brown. >> staying low in uber >> steve weiss looks like moderna >> moderna, there you go, stock. >> you don't have anything else to say about it? >> do i have to? self-evident truth stock is up tenfold and, yet it's only down 1%. that means there's a real, real reservoir of people looking to get. it goes higher >> like pete just put it away >> thanks for watching "the exchange" is next >> thanks, skotd i'm jon fortt in for kelly evans. the job report comes out tomorrow morning with companies unable to find workers, we'll look at current employment trends and talking with the ceo who has big partners like walmart and target about how to attract and retain. plus mask mandates and vaccination requirements we'll ask the ceo of papa johns. >>> and ships, rent, car trips and places you might want to skip markets headin

shannon saccocia jason snipe, gem lebenthal and pete najarian. first a look at your money and, yeah, look at that green more new records the s&p 500 and nasdaq hitting new record highs, up for the sixth time in seven days all three major averages on track for a positive week. yields, they're also edging a little bit higher, the 10-year yield not doing a lot. but we are seeing the move to 1.32% as well. small caps, which had been kind of left out on their way back. let's jump right in and talk more about this shannon, starting with you, is this what it sounds like when doves fly? >> i think so. perhaps prince said it better than that. when you look at what happened today, if you think about what the market was anticipating, we certainly -- i think we're prepared to talk about a taper prior to year end. but what i want to stress is that there was talk of data, data, data there is a dependency here that powell and the rest of the fomc continue to point to thinking about the dual mandate it's inflation and employment. and whether inflation is transit

tonight's trader lineup, tim, brian, and pete najarian, cofounder of marketrebellion.com. we're counting down to another big week of earnings with names like salesforce and peloton and more getting ready to report how should you be looking at these stocks ahead of the key results. plus going global, what the surging dollar means for overseas markets and where you should be putting your money and stick around for a bonus our of "fast" focusing on technology that will impact your life "the next" is live tonight at 6:00 p.m. eastern time >>> but we start with late breaking news out of general motors the stock under pressure in the afterhours session, the company expanding its massive recall on the chevy bolt gm recalling all chevrolet bolt electric vehicles due to fire risks, the cost $1 billion shares are lower more than 3%. let's trade that late breaking news tim, your take >> well, i'm shareholder i'm not happy. i wasn't happy with the 24% move down in gm going into this in 50 some-odd sessions, a lot of this on the back of the shortages on semis, supply disruption dynamic

microsoft or amazon we debate with the investment committee joining me is are jenn harrington, pete najariannder of market rebe rebellion.com. >>> red in the premarket is now green. dow yous at the high of the day. good for 200 points. nasdaq having a nice rebound

that with our investment committee today joining me is bryn talkington, sarat, joe terranova and pete najarians get a check on the markets. it is risk on again. the s&p 500 and the nasdaq both hitting all-time highs the dow up for a second day coming off its worst week in two mo

joining me for the hour today, brenda, joe terranova, rob and pete najarian from market rebellion.comecord runs. a little bit of work to do dow slightly negative as is the s&p. nasdaq higher. the ten-year note yield say big story today at 1.31% joe terranova, the

shannon saccocia jason snipe, gem lebenthal and pete najarian.money and, yeah, look at that green more new records the s&p 500 and nasdaq

. >>> it's that time pete najarian, what do you have for us in unusual activity >> sure, scott i'm givingmy first one. back to last wednesday when i was last on. we talked about the fact that they were buying the july 93 strike calls with the stock trading just underneath 93 those ripped to the upside by thursday at 101 then we saw rolls. 34,000 bought of the 101s also expiring friday. both were done, stock got up to 106. i rolled with them got out. i had no position on until this morning when we had a buyer of 27,000 of the august 6th, friday, once again staying short-term and buying these for $1.50 to 2.50. stock was 108. moved to 110 it's already 113. >> new high. >> these are producing, yes which is the absolutely -- and think about that, scott. we're going back to just last wednesday, stock in the 92s. unive blooable to the upside rolling with it, the percentages of the gains are astronomical. that's why we trade the options. but secondly i have pfizer we had buyers of the 43 strike calls last week. today we get buyers of friday's expiring 45 calls. the stock trading a little bit low

jason snipe, kevin o'leary and pete najarian, the co-founder of market rebellion.com let's look at stocksy jump taking a hit after the much lower than expected read on consumer sentiment dow still good for 40. s&p a few points nasdaq a fractional looser and 10-year at 1.30. pete narnlen, i'm coming to you right away and

and a great lineup today stephanie link, liz young, josh brown and pete najarian, co-founder of market that's ahead bu

joining me, bryn talkton, steve weiss and pete najarian. stocks are falling to start the week off the lows, though delta variant continues to spread our committee making all sorts of moves in their portfolios today. we're going to get to that a bit later on let's begin the chat jim lebenthal, mr. all in, because you've been more bullish than anybody the market has been resilient. i understand where you're coming from i am wondering how long this rope-a-dope if you will, can last and the market can continue to evade these blows. does it last >> look, i think it's a great question i'll be truthful with you. i'm a little nervous i'm getting a little nervous about this delta variant i didn't mean to brush off the southwest airlines news from last week and you see the tsa passenger flows are going down, open tables are flat lining, the case count is going up let me be clear. i'm not changing my stance i am not taking risk off the table but i'm certainly not being blase either and there's a double-edged sword here the case counts are clearly goin

pete najarian. tech or energy >> oh, now you're going to make me pick. i will go with tech. i have a lot of exposure in technology i still think there is plenty of upside i like them both i was talking about the options i have in a lot of different energy names as well but if you're going to be put and i have make a pick of would i rather, i'm going to tech. >> i didn't even force that. >> no you stealthed it >> i snuck it in there i made pete walk down that path. but nadine, in terms of the interesting portfolio to think that you're all in on cyclicals an also like tech? >> well i agree with pete here i have to go with tech i think while it is own, there is protection right now. so those are the types of things if people unwind that protection that could move it higher. there is solid balance sheets in some of the big players. obviously a lot of strategic initiatives going on we heard from zuckerberg today, obviously it is more of a ten-year plan but there is exciting developments. if you have a variant, versus the interest rates, it continues to keep the gdp acceleration a

joining me, bryn talkton, steve weiss and pete najarian.lling to start the week off the lows, though delta variant continues to spread our committee making all sorts of moves in their portfolios today. we're going to get

that with our investment committee today joining me is bryn talkington, sarat, joe terranova and pete najarian first, let's get a check on the markets. it is risk on again. the s&p 500 and the nasdaq both hitting all-time highs the dow up for a second day coming off its worst week in two months and, of course, take a look at the 10-year. the 10-year yield. currently sitting right now at just about 1.255 pretty much flat as what we saw about a month ago. those yields closely watched the big spike in the weeks between just about a month ago a lot to look at here. a lot of green here on the board. of course, we have to talk about what's coming up this week that's jackson hole coming up. the fed, another policymakers having a big meeting there's a juxtaposition, though, right now. the fed actually considering some tapering in the fall. at the same time showing some concern. they can't meet in person. joe, how do you balance your portfolio with those two different thoughts in mind >> well, it's interesting because last week we went through this fear surrounding growth peaking and also what fed poli

and a great lineup today stephanie link, liz young, josh brown and pete najarian, co-founder of market rebellion.com. all right. that's ahead but first let's get a quick hit on how the money does in the markets. and the mechanic are mostly muted, mixed dow up fractionally. nasdaq down fractionally but that doesn't tell the story of the month check this out the dow is now on pace for the sixth up month in the past seven. the s&p 500 on pace for its 54th record close in higher of the year wow. and a 7-month win strategic, the first time that's happened for the s&p since december of 2017 all right. stephanie link, begin with you i'm throwing a little shade at myself because i opened up the show like that to make a point. when people like me wearing makeup on tv like this say there is nothing that can stop a market rally, isn't that time to maybe sit up and take notice of some of the possible risks out there amid all the bullishness >> well, there is always something to worry about i've always said i worry when i don't worry because that means we're complacent we still have uncertainties w

tonight's trader lineup, tim, brian, and pete najarian, cofounder of marketrebellion.com.gs with names like salesforce and peloton and more getting ready to report how should you be looking at these stocks ahead of the key results. plus going global, what the surging dollar