your traders tonight pete najarian, tim seymour, brian kelly, guy adami this show brought to you by joseph a. bank tonight on fast trouble in the transports, the dune underperforming the broader market and could spell trouble ahead. we explain plus where is the apple bounce the stock ending the day flat despite the broader rally but gene munster says it's a double. he will be here to explain and defend the call. why is he so bullish we start with the market that can't seem to hold onto a rally. the dow surging more than 450 points at the highs, a trade deal seemingly within reach. but stop us if you heard in one before stocks cutting the gains midday. and then selling off hard into the close. we did end higher. but 300 points less than we were at the

tim seymour, steve grasso karen finerman and dan nathan. tonight stocks plunging back to the fall lows after the big reversal and one market bull explains why it's messy into year end plus the fang inferno rages on with netflix down more than 6% how much worse the traders weigh in we start with the selloff, the dow dropping nearly 700 points closing down about 50 oh points. the s&p 500 falling back to correction the nasdaq plunging deeper into a correction so as the market goes from bad to worse, what can stop this selling? tim. >> well i wish i had all the answers. i do think there is a dynamic where we need more clarity on what if any progress is realist in three months or 90 days which is the extension we had. we have more clarity out of the fed. i think the fed needs to be careful because the fed is talking a tight rope of credibility. and i think going back to data dependent and walking back where they were in october where i think they overstepped bounds a little bit i think they got a little too emotional. that's something the market

your traders tonight pete najarian, tim seymour, brian kelly, guy adami this show brought to you by joseph a. bank tonight on fast trouble in the transports, the dune underperforming the broader market and could spell trouble ahead. we explain plus where is the apple bounce the stock ending the day flat despite the broader rally but gene munster says it's a double. he will be here to explain and defend the call. why is he so bullish we start with the market that can't seem to hold onto a rally. the dow surging more than 450 points at the highs, a trade deal seemingly within reach. but stop us if you heard in one before stocks cutting the gains midday. and then selling off hard into the close. we did end higher. but 300 points less than we were at the top so guy adami. >> yes, sir. >> why -- this market is a like a high school prom. >> right. >> right >> brian. >> my problem was very different by the way. >> you can't hold on, right. >> right there is no long termism in the market at all can't hold a rally maybe ishld have said something -- move on. >> changing metaphors. >> i'm on camera a

tim seymour. dan nathan, guy adami. tonight on fast. city's top equity strategist saying don't fear the bears. he explains why he is betting on the bulls. plus with two weeks down to christmas are we looking at pain for retailers or holley jolly christmas? former home depot ceo will be here for much to do with the markets and your money but first we begin with president trump's now two-front war. of course the ongoing trade fight with china and now an escalating war of words with the democrats. our own eamon javers breaking down a wild day at the white house. eem sfwloon that's right beginning in morning with the president tweeting out that negotiations were going well with the chinese and that people should be on the lookout for significant announcements. we haven't seen those announcements through the course of the day no indication that anything is coming necessarily any time soon from this negotiation. but the other negotiation that was going on here at the white house was the one between democrats and republicans in terms of keepin

traders are tim seymour. brian kelly absteve grasso and guy adami. two big names reporting earnings microen and fedex both getting crushed after hours. the conference calls getting under way. we bring you the details and the biggest bull on wall street just backed down slashing the 2009 price target. what changed to make this bull run scared he joins us. we start with another wild day for markets. dow initially rallying 300 but snapping back from the losses but the volatility kicked in this afternoon and a whip saw into the close ending up 807 points s&p barely in the green and cue the bay watch because the bulls are drowning headlines heading like waves as trade turmoil and oil krarng weigh on stocks. as investors wait to see what the fed will do tomorrow will it be the fed to rescue what if not we turn to the birthday boy. >> big four o. >> bay watch pod come on. >> you mean there is no sin saert saying that. >> i'm just saying >> i've been trying to lose weight it's hard at the advanced age. >> you're fading away to a tub. >> kuchlt. dos to steve

tim seymour, steve grasso. dan nathan guy adami breaking news on the government shutdown ylan mui has the latest. ylan. >> new reports that there is a deal to perhaps not avert the government shutdown perhaps limit the damage from a government shutdown. this is come from senator bob corker who says that vice president mike pence who was on the hill earlier this afternoon along with mick mulvaney and jared kushner, they met with chuck schumer in his office and agreed to something. we don't know exactly what what we do know is that after that meeting vice president mike pence along with the other represent he was from the white house went over to the house side of the capitol to meet with paul ryan as well as leaders of the servant freed the conservative freedom caucus. that seems to be an indication that the two sides are coming together, the white house brokers the seeds of a longer negotiation here we did get a statement from chuck schumer's office about how the conversation between the minority leader and the

traders on the desk are pete najarian tim seymour karen finerman and dan nathan tonight on fast a stunning reversal and wall street the down are dow with a drop early in the day rallying nearly 800 points from the lows almost coming all the way back, ending down just a mere 79 points and after taking out the november lows, the s&p bouncing back to end the day nearly flat as well. the nasdaq closing day in the green. up.5%. >> is that a bottom. >> it feels like that, yeah. i mean, the turn that we had as amazing. the fact we saw the spike in volatility where we were you want we have been talking about when it volatility getting the explosives days? well we certainly got that today. we -- as as a matter of fact volatility started coming back before the market started to rice, scott. that was something interesting as well. we got up near 26 then starting to pull back then the market caught up and then we saw the move upside. it was nasdaq that really did lead this first. whether you wanted fang names, maga names whichever you want, the technology side really was what started to push in market

to watch how it's conducted, because of the lack of confidence from in episode >> hey, kim, it's tim seymour. do you think anything is going to change in terms of either monetary policy? we heard a lot from the fed the last couple days but from the parts that you used to sit in whether the dollar is in a position it could continue to possibly weaken, this is another thing we have been talking about on the show because a lot of people had bet in favor of a stronger dollar. with fickle doing what it's doing, economy doing what it's doing do you have a view. >> my view is that powell was pretty clear and the statement was clear from the committee they're going to normalize both in terms of the portfolio and in erms it of rates as long as they can. and right now they are less concerned about frankly the markets or for that matter elected politicians. more focused on the fundamentals which they find acceptable in the near term and really focused on trade, the issue with china you have been talking about. >> specifically on the issue, kim, we learned today that the u.s. is bringing charges against

traitors are tim seymour, brian kelly, guy adami selling sweeping across the broader markets but a stop strategist says do not panic, the year-end rally will happen he joins us to explain why plus the pain doesn't seem to end for apple getting slammed again. how much worse could it get for the tech giant we start off the selloff, the dow crushed and once the selling started it didn't stop the dow closed down 800 points, having the worst day since october 10th this is the shock wave, the inversion of the yield curve, where the 2-year went above the 10, the five-year yield it's an indicator that things are weakening and recession perhaps around the corner. are things getting worse what do you do. >> you asked me what i thought last night i thought the market grinds higher rest of the year. maybe fits and starts. but in terms of the seasonality december brings we go higher so much for that for today brian steve and tim all talked about the fading but in terms of the yield curve a couple of things i thought it would flatten tim says 3.5% is long aways away that wouldn't have been that bad b

tim seymour. carter big net werth steve cut the grasso and guy adami s&p 500 tracks for its worst year since the financial crisis. one of wall street's biggest bulls says the bottom isn't in yet. >>> plus, as volatility spooks investors, one of fidelity's top investment advisors says people are making a huge mistake managing their $401 ks it could be thanks to none other than apple things were ugly this morning. the dow sinking as many as 500 points at the lows of the session. suddenly a reversal of fortune apple making a sudden comeback midday and it took the rest of the market with it the dow closed up whiby more thn 30 points. the nasdaq was up 30%. it ended up not 50 what was behind the move let's get to josh lip ton in san francisco. on a chart it spiked what the heck happened, josh >> joe, as you mentioned, apple was in the red chinese court issued preliminary injunctions against the sale of older iphone models saying apple infringed on patents held by qualcomm the stock started to make a mo

we have to go to tim seymour for all of the disclosures go to fast.cnbc.com. make of this sort of talk >> i agree the regulatory competence that altrui brings is great they were sniffing around fria earlier in the year. what's interesting in the cannabis space is the public/private arbitrage means you almost wonder why you have to go after one of the big publicly traded guys when they're trading at twice the size of the public market. i think they're not going to do anything until it's formally legal. i think the farm bill and hemp being fully national is something that gives a lot of people a chance to jump in here. someone like altria with a national footprint. >>> coming up, auto stocks revving their engines on the trade truce. they bet there is one going higher we'll tell you the name and the trade. we're live at the nasdaq more "fast money" straight ahead. broke my personal record. aflac!? no-good break. gooood break. i'm so sorry we can't make your barbecue. i'm just sick about it. aflac!? different kind of sick. if i can't work after surgery, how am i g

so is this a sign that we could be bottoming, in other words bad news/good news for investors tim seymourst money trader welcome. and also chris sacarelli is here gentlemen, welcome tim, i'd like to get your reaction to what those survey numbers may portend for investors. but if i had to say, i would say what i've seen in recent days is that when there is a rally, investors tend to sell >> yeah, we've been fading the rallies. if you think about extreme measures, they are usually a contrarian opportunity they are also things that are quickly worked off in the same way if you look at rsi, relative strength indicator, which traders look at to look at how oversold or overbought something is, you could quickly change an oversold condition these aaii numbers i think are important because they -- first of all, we had one yesterday which was more related to market sentiment. this is individual investor sentiment and we are back to essentially the lows of the market in 2016 q1 2016 is where the market effectively bottomed so not great times right now and i think that is short term >> but chris, is

traders are tim seymour. brian kelly absteve grasso and guy adami.ting earnings microen and fedex both getting crushed after hours. the conference calls getting under way. we bring you the details and the biggest bull on wall street just backed down slashing the 2009 price target. what changed to make this bull run scared he joins us. we start with another wild day for markets. dow initially rallying 300 but snapping back from the

tim seymour.rth steve cut the grasso and guy adami s&p 500 tracks for its worst year since the financial crisis. one of wall street's biggest bulls says the bottom isn't in yet. >>> plus, as volatility spooks investors, one of fidelity's top investment advisors says people are making

tim seymour. dan nathan, guy adami. tonight on fast.t saying don't fear the bears. he explains why he is betting on the bulls. plus with two weeks down to christmas are we looking at pain for retailers or holley

tim seymour, steve grasso.n the government shutdown ylan mui has the latest. ylan. >> new reports that there is a deal to perhaps not avert the government shutdown perhaps limit the damage from a government shutdown. this is come from senator bob corker who says that vice president mike pence who was on the hill earlier this afternoon along with mick mulvaney and jared

traitors are tim seymour, brian kelly, guy adami selling sweeping across the broader markets but a stopys do not panic, the year-end rally will happen he joins us to explain why plus the pain doesn't seem to end for apple getting slammed again. how much worse could it get for the tech giant we start off the selloff, the dow crushed and once the selling started it didn't stop the dow closed dow

tim seymour, steve grasso karen finerman and dan nathan. stocks plunging back to the fall lows after the big reversal and one market bull explains why it's messy into year end plus the fang inferno rages on with netflix down more than 6% how much worse the traders weigh in we start with the selloff, the dow dropping nearly 700 points closing down about 50 oh points. the s&p 500 falling back to correction the nasdaq plunging deeper into a correction so as the market

traders on the desk are pete najarian tim seymour karen finerman and dan nathan tonight on fast a stunning wall street the down are dow with a drop early in the day rallying nearly 800 points from the lows almost coming all the way back, ending down just a mere 79 points and after taking out the november lows, the s&p bouncing back to end the day nearly flat as well. the nasdaq closing day i

this is really about fear of growth here and lack of growth tim seymour is absolutely right. look here, number one, you've got the curve here's the two-year yield and the five-year yield. that's not supposed to happen. when that happened yesterday people said, no. that signaled some kind of slowing growth in the future we don't know. this is a little bit technical in nature. s&p 500. 1205 yesterday and 2750, the two-day average. the market just fell apart why is something so magical about the 200-day? nothing really, but a lot of traders use it as a shorthand indicating that the market is notably weak or growth is notably weak two factors indicating some kind of weakness this happened october 11th. we hit the 200-day moving day average and the same thing happened obviously there are some traders pegging that 100-day as a potential let's lighten up on the trade -- on the trade. here's the s&p 200-day moving average, flatter yield curve both of these say slow down. let take some money off of the table to some of the trading community here also remember. we've got crowded trades