tim seymour and karen finerman and steve grasso ton and fast, a megachip rip micron shares surging in the after hours. the company reporting what it only be described as a blowout quarter. but is it worth your money still? we'll talk about it. plus tesla rocketing to a new all-time high. issue should you ride the rally or brake yourself for an electricslide in and later cal it a microscope on 34th street we tell you which retailer spreads a little holiday chiara. very good holiday for this one name all right. that's not obviously all that's going on today so let us begin with the latest developments out of washington, d.c., we are looking at the live look at the house floor. lawmakers are closing in on a vote to impeach president trump. kayla tausche has the latest details. and the likely time line for you now, kayla. >> brian, there is roughly two hours left of debate and remarks from party leadership before the house takes up a vote on two articles of impeachment against the president of the united states we just heard from the two congressman from texas moments ago. republicans hav

. >> so if we get a deal, steve grasso, or maybe more likely the president says, you know what, we're getting there, let's punt another 30, 60, 90 days, does the market go up >> the market goes up. and i believe if those tariffs go into effect, the market does knee-jerk sell off and then ends even higher than where it is right now. >> i thought tariffs were bad? >> we haven't really seen that, though we're at all-time highs or thereabouts in the overall market we haven't really seen that come home to roost. we've seen people broaden their supply chains around china china is still getting hurt. the u.s. is still winning. 3140 in the s&p, probably end the year at 3200, 3250. >> i just have to say that i think you're exactly right, karen. from the standpoint of nobody really knows right now and this is all guesswork the reality is, brian, the vix isn't telling us people are overly panicked at this point in time the vix trading around 16 or a little less tells you you'll get a 1% move per day. we got down 108, that's not a 1% move so the vix is trading a little higher so there's a little

cnbc "fast money" trader steve grasso here to tell us the names that will boom and which names he thinks see you let's see with the names that you think have gone too far, too fast >> netflix netflix is the one that stands out to me. can you imagine any better environment going forward as netflix had when they started off? china is not going to be an area of growth. u.s. is not going to be an area of growth. india, there's too much competition. i think you've got to sell netflix. it's had an unbelievable run, but the competition for the first time is insurmountable for them >> that's a good point which ones do you still like >> so if you go through these, uri, basically you're going to have booms and busts in the economy. i think you have to buy this one, because when you really stagger yourself, the economy, if it's a bust, you're going to want to rent the equipment if it's a boom, you'll want to buy the equipment. either way, they're going to flur flourish in this it gives the operational guys room and flexibility to survive. this has been a starwood if you look back at growth, 20% in

cnbc "fast money" trader steve grasso has been trading all of today's action from the new york stock eve >> hey, melissa. >> you've been a steadfast believer that a trade deal will, in fact, get done. are you still in that camp, before the 2020 election, that is >> so, i do believe you'll see some sort of a deal get done, but the point is is that it still keeps the bears on their heels if the deal doesn't get done so even if you short this market, you've been run over umpteenth amount of times, and i would expect that would be the case if it happens yet again, if you lay those shorts out yet again, you game yourself to get steamrolled yet again with the overall market >> that doesn't mean that you don't trim positions, though, because the risk/reward is to the downside >> sure. i mean, it depends on what your time horizon is, but just think about who has a vested interest in this market going forward it would be long/short hedge funds. if the market goes lower, their longs will underperform more than their shorts will outperform so for them to catch up, they need the market to move hi

steve grasso brian kelly and guy adami. tonight on fast, apple and alphabet, a pair of a's rocketing to all-time highs to close the week how to trade the sector that seems to go no where but up. but home builders have a millennial problem and may not be what you think. we'll have a look at the impact on the housing mechanic. look at the mystery chart, a different day than the rest of the market oochlt red there steve breaks down why he is keeping his eye on that one. by start today with the monster rally on wall street driven by a blowout jobs report. the surge in payrolls helping the dow and s&p post biggest gains in more than a month the s&p erasing sharp losses from earlier in the week the focus now turns to the next week fed meeting, the last of get this not just a year, the daektd. >> yes. >> the decade end era. >> what a decade it has been. >> don't get guy going on the decade that was the fed. >> don't get me going. >> turns into an ugly show. >> only a half hour show i'm happy. >> are you happy always happy. >> hear

i'm brian sullivan your traders tonight on the desk are tim seymour, steve grasso, brian kelly and dan prime rib nathan tonight on "fast money," a with wild ride on wall street new records all around but with the big hang-ups seemingly out of the way where does your money go from here plus the weaker retail sales number spooking bulls? but was the number as bad as some think is the american shopper alive and well we find out later. your chart of the week we'll find out what has b.k. so kited about the -- settle down -- about the record run so much ahead. but we begin by taking a page right out much a christmas carol. we need wilfred to do this all year long, the markets have been seemingly haunted by three ghosts but this week we have watched them disappear one by one. first, the clarity that the fed will keep rates where they are throughout perhaps all of next year next last night's uk elections gave us clarity on brexit's path forward. no more questions. it's going to happen and this morning, perhaps the biggest specter of all over the market, trade and relief on tariff and more ag b

. >> number four, steve grasso sees green in apple's future >> if iphone sales surprise to the upside and there's more of a demand, now you get services along with hardware working at the same time. and that's why the stock can't go high. e mb teealisomthnuerhr cl cing up next on "closing bell." >>> 2019 was a big year for the space race morgan brennan joins us now with a look at what next year could bring. hi, morgan >> hi, contessa. that's right it is poised to be a groundbreaking year for space exploration, for satellites and connectivity, and for investment in the sector, as space closes in on becoming a $1 trillion economy. 2019 was another year of firsts, as spacex started deploying its satellite constellation, blue origin teamed as a prospective prime contractor and virgin galactic became first of the commercial space start-ups to go public 2020 will be the year commercial space emerges from science circles and policy meetings to become a main street and wall street story first, a new era of human space flight virgin galactic and blue origin will begin flying paying passengers

traders are steve grasso, dan nathan and gia dam uy adami tonight on "fast" shares of tesla hitting the skids despite the company marking a major milestone in china we'll have full details ahead. >>> plus, well, wells fargo's mike mayo says we're entering, quote, a golden decade for banks. why he says the sector is in for its own roaring '20s check out this mystery chart on pace for 2010 we'll tell you what it is and what to expect in the new decade but first -- ♪ it's the final countdown ♪ >> cool. the whole show lousy song >> yeah? >> it's a miserable song right up there with "the eye of the tiger" which is one of the five worst songs of all time. >> great movie. >> the movie it was in >> jordan's bulls were introduced to this song the other night, weren't they? >> good memories for me. >> okay. >> well, it is the final countdown nonetheless, guy, whether you like it or not ♪ it's the final countdown >> there's one trading day left before we ring in the new year and a new decade and it's looking to be an ugly end to the year with stocks posting the biggest losses in four weeks so shou

trade resist on the deck for the final show of the year and decade steve grasso chyron finerman dan nathan and guy adami tonight on fast pop the bubbly because the market handed in the best year since 2013 all 11 s&p sectors inhe finishing in the green and it wasn't just in the u.s. nearly every major global market and asset class saw positive returns in 2019. the big question, what can you expect for the money heading into the new year? it's time to break out the 2020 playbook guy adami, what do you have for us >> first of all, courtney in all the years we've been doing the show this is the first time you hoeft. on behalf of all of us i wish -- amazing to have you. >> great to have you. >> thank you, thank you. new kid on the block here. >> it's fantastic to have you. in terms of what's working next year listen i've been wrong for months in terms of market direction. but right about a few things i think hsh is absolutely toing well in the first half the upcome year. you look at big cap pharma pfizer marc, eli lilly unh off the map. hospitals doing well you mentioned energy i don't know if

steve grasso brian kelly and guy adami.onight on fast, apple and alphabet, a pair of a's rocketing to all-time highs to close the week how to trade the sector that seems to go no where but up. but home builders have a millennial problem and may not be what you think. we'll have a look at the impact on the housing mechanic. look at the mystery chart, a different day than the rest of the market oochlt red there steve breaks down why he is keeping his

tim seymour and karen finerman and steve grasso ton and fast, a megachip rip micron shares surging inrting what it only be described as a blowout quarter. but is it worth your money still? we'll talk about it. plus tesla rocketing to a new all-time high. issue should you ride the rally or brake yourself for an electricslide in and later cal it a microscope on 34t

joining us now for the hour is steve grasso from stuart frankel. we've got to stop meeting like this >> i know, i know. >> we talked about this last night on fast money 5. what's going to happen if there's no trade deal? >> what's going to happen if the deal is extended and what's going to happen if a deal gets done there are three scenarios. quickly walk us through each one. >> if the deal gets done, the market shoots higher but it's only phase i of a deal. so i think it has a lot more ammo in its ability to move the market progressively higher from there. nobody expects a deal to get done anytime soon. you're talking about tariffs going on or not going on -- or not coming back on for me, if they don't get put on, the market rips, if they do get put on, sells off and it's a buying opportunity that's it. in a nutshell. you have to realize that every time this market sells off, the buyers have come in. who's going to short the market knowing that you not only have one phase, but two phases or three phases of a blowoff top in the overall marketplace?

traders are steve grasso, dan nathan and gia dam uy adami tonight on "fast" shares of tesla hitting thete the company marking a major milestone in china we'll have full details ahead. >>> plus, well, wells fargo's mike mayo says we're entering, quote, a golden decade for banks. why he says the sector is in for its own roaring '20s check out this mystery chart on pace for 10

i'm brian sullivan your traders tonight on the desk are tim seymour, steve grasso, brian kelly and dan on "fast money," a with wild ride on wall street new records all around but with the big hang-ups seemingly out of the way where does your money go from here plus the weaker retail sales number spooking bulls? but was the number as bad as some think is the american shopper alive and well we find out later. your chart of the week

i'm becky quick along with andrew ross sorkin joe is out today our guest host this morning is steve grassocnbc market analyst. we've been watching the futures. it looks like the dow -- dow futures are up 35 points s&p futures up by one. the nasdaq up by almost 5. also been keeping an eye on the treasury markets and yields have been pushing higher. ten year right now looks like it's yielding 1.949% so almost back to 2% >> want to tell you about some of the big stories investors are going to be talking about today. here's perhaps the top one iac planning to separate match group. iac holds a controlling stake in tinder that is expected to be a tax-free spin-off. the companies anticipate completion of the transaction in the second quarter of 2020 you're looking at match group up 3%, little more than 3% right now. it had been telegraphed before barry diller calling it the anti-conglomerate being part of their strategy to create and bring in companies, fix them, grow them, then spin them out. what did we say the number was, $58 billion worth of values created. >> the project has been spun out to