tim seymour, and the birthday boy, 50-year-old guy adami. let's go straight to our top story. >> that is after talking about it for almost a year the taper is initially here. in case you didn't get to watch fed chief ben bernanke's news conference, here's the ""fast money"" recap. >> the first rate increase according to dots chart take place near the end of 2015. i want to emphasize we will be data dependent. we can stop purchases, if the economy disappoint, we can pick them up somewhat. if the economy is stronger. i expect there will be some time passed the 6.5% before all of the other variables we are looking at will line up in a way that will give us confidence that the labor market is strong enough to withstand the beginning of increases in rates. >> new highs on the market, tim, this is certainty in place of uncertainty. >> yeah. i mean, you have to love this. they delivered stimulus today. th could actually see the market for unemployment go below that. this is giving people lower rates for longer and more concern about inflation, whic

our traders are tim seymour, steven p. grass oh, guy adami. the top story, the job market rally. the s & p bouncing back. and the dow reclaiming 16,000 finishing up under 200 points, this after november's blowout jobs report. guy adami, were you surprised with this? >> yes. this is why having information, you can get in trouble. if i had known going in the print would be 7% with that number i would say the s & p would be down 25 handles today. that would have been my bet, clear would have been completely wrong. we talked about this. tim mentioned this earlier on the earlier show. good news is good news now. which is remarkable, because i think if it was a bad number, the market probably would have reacted the same way. >> this might be a turning point. this may be overstating it. it is interesting, today it seemed the markets accepted that taper does not equal tightening. >> why can't it just be everything is trumped by year end? why can't it just be that? >> seasonality. >> seasonality of it. >> because where was year end two days ago when everybody was crying doom and gloom. >>

tim seymour has to run.n "fast money" at 5 p.m. >>> much more today on the power packed rally. we'll get the view from the floors of the nasdaq. domino's ceo weighing in on today's jobs report and how they're on the hiring front and what he has to say about the minimum wage debated and drones delivering pizza to your doorstep. before global opportunities were part of their investment strategy... before they funded scholarships to the schools that gave them scholarships... before they planned for their parents' future needs and their son's future... they chose a partner to help manage their wealth, one whose insights, solutions and approach have been relied on for over 200 years. that's the value of trusted connections. that's u.s. trust. >>> welcome back. today's rally still wasn't able to erase all the dow's losses for this week. let's get more perspective this week from bob pisani at the new york stoxx stock exchange, bob holding down the for the at the cme, joining me now. bob, did this rally take people

traders tonight are tim seymour, dan nathan, karen finerman and guy aidami. >>> the federal reserve will likely begin tapering next week. europe showing signs of strength. we're seening green in china. tim, it's really been a clean sweep. >> we have bmis. they have been expanding. anyone is expecting china to be a consumption story tomorrow. very good news. maybe in the next decade. not tomorrow. having said that, it gave a great boost. we have hit it here. that is exactly what you're seeing in the american ones. that's reasonable. they're really growing and really different it and that's the difference. >> also facebook and groupon. strong performances today. >> to me it doesn't really speak to a heck of a lot of what's going on in china. >> why isn't it a consumer story? >> let's listen to the shanghai kpos sit. so me i think the investor base are american or u.s. based investor investors i think it feets to a risk. >> tim has been really vociferous in this. we talked about yahoo! since it was literally a $15 stock. here it is today. it sort of is right in the context of what we're tal

our traders tonight are tim seymour, brian kelly and guy adami. let's get to our top story. people freaking out about the four days of declines for the s&p and dow, turn that frown upside down. we'll start with a new segment called over/under, like a game. our traders take a look at a few of the names in the green and tell us whether they are overrated or underestimated, and we've got to kick it off here with microsoft. caught our eye because it hit 13-year highs. the software giant completing its largest ever bond sale, some $8 billion worth with more than half sold in euros. we asked tonight overrated or underestimated? guy. >> it's hard to say it's underestimated given it's running 20% over the last couple of months, but i do still think it's underestimated. 13-year highs the last time we saw this was sometime in 2000. a lot of people shot against something, a pc story. more than a pc story. yes, it's a big part of microsoft, but it's not the only part of microsoft, and when europe was slowing down, they actually managed to tread water there, so regardless of what you thi

we have former vermont governor howard dean and from ""fast money"" tim seymour. >> it's phenomenal.ng to people about year end performance and what's to come. people are bullish equities. they really are. >> why? >> first of all, they think there's more of a valuation rise. the s&p is not fully valued. they think it's fairly valued. >> didn't mr. buffet tell us it was fully valued? >> well, look. there's always room for disagreement. i'm hearing a lot about distress. i'm also hearing within equities and to some degree credit a lot about event driven opportunities whether that be m and a, some other event. some guys are looking at companies as they come out of bankruptcy, for instance. getting creative, dividend-paying stocks, it's a lot of the same. >> howard dean, do you feel wealthier? >> we're going to get into ets a little later but, yes, this has been an incredible market and it's built a base for six months between 15-5 and 16-5. it's extraordinary. >> are you watching the market this closely? because i feel like you know more about the technical, you know, analysis than some

tim seymour, let you go.money" at 5:00 p.m. >>> blue chips are sliding again today even though we finished off the lows. should we worry about a bigger pullback ahead. liz ann sonders weighing in along with dennis gartman. their outlook may surprise you. >>> j prgs morgan on the hook for a reported $2 billion in fines for turning a blind eye to bernie madoff's ponzi scheme. what should the securities and exchange commission pay considering they also missed it? we're in for a spirited discussion. stay with us. [ male announcer ] here's a question for you: if every u.s. home replaced one light bulb with a compact fluorescent bulb, the energy saved could light how many homes? 1 million? 2 million? 3 million? the answer is... 3 million homes. by 2030, investments in energy efficiency could help americans save $300 billion each year. take the energy quiz. energy lives here. take the energy quiz. i want you to know stuff i want you to be kind. i want you to be smart. super smart. i want one thing in a doctor. i wan

tim seymour, who joins us "fast money" trader extraordinaire.t away you actually like some of the metals here because of the auto rebound we were just talking about. where in particular do you think you see strength in 2014? >> i look at copper and nickel as the industrial metals. i think corp first of all, technically needs to break out of this $3 to $3.35 area. if you look at consumption side and everything you're talking about with auto sales is the reason why hedge funds are overweight cyclical sectors here. therefore, underlying that are the inputs which are the industrial metals. if i'm playing the auto sector and i'm playing precious metals i would be long mra laid yum and platinum and gold. pladium over gold. you have to spread the precious metal risk because i think gold continues to go lower. again, industrial metals f you look at consensus, they look better. >> what about the dollar though? one of the themes you start to hear about 2014 tim, is that the dollar's going to strengthen. the u.s. looks a little better. the fed may be exiti

traders tonight are tim seymour, dan