tonight's trader line-up tim seymour, steve grasso, jeff mills. coming up on "fast" the chart master's big warning for big tech carter worth has five charts that show more pain ahead for the tech trade plus, a tiktok takedown, china drawing a line in the sand nikola fires back. ♪ >> what's up, everyone first of all, i never take any

tonight's trader line-up, guy adam meerks t adami, tim seymour, karen finerman and steve grasso. deal drama lvmh calling off its tiffany takeover disney facing big backlash for the new mulan movie. we start with a major new development on a tiktok takeover julia boorstin has the latest. >> sources confirming to me that bytedance is continuing to explore options with the committee on foreign investment in the u.s. about a restructuring of the company that would avoid a full sale of those u.s. operations. now, my sources tell me that long before president trump set a deadline for tiktok to agree to sale of its u.s. operations or have the threat of being shut down, bytedance was negotiating about various options. one option being discussed is a restrucking in which bytedance would maintain ownership stake but wouldn't have any control over u.s. operations one u.s. company could take a minority stake and be an operating partner, say, have microsoft or oracle be tiktok's cloud operator and manage the u.s. data in a way that u.s. regulators could feel comfortable with everything i'm he

toad's wild ride. >>> time for the final trade tim seymour? my beautiful wife. second, alibaba. i think this is a company that is cheap relative to the mega cap peers. aliba alibaba. >> dan nathan? >> i'm long tim and leah's wedding here i like abbott labs here. >> karen finerman? >> a name we haven't talked about in a while >> and guy adami. >> newmont mining. >>> my mission is simple, to make you money i'm here to level the playing field for all investors. there's always a bull market somewhere and i promise to help you find it. "mad money" starts now hey, i'm cramer. welcome to ""mad money." welcome to cramerica other people want to make friends, i want to make you money. my job is to entertain and teach you. call me or tweet me @jimcramer as we get closer to a vaccine, this market is dominated by the post covid future.

you have to bet on them. >> it's tim seymour. thanks for joining us. i don't actually agree that you've seen monetary and fiscal coupled. i think the more important thing is the upcoming earnings season. where do you actually expect disappointment out of companies that have pulled a lot of good news forward in terms of cost savings and maybe even their outlook. >> i think you have to be cautious of anything to do with financials or insurance. insurance companies have to have a portion of their books in fixed income there's no money to be made there. i think they're going to struggle >> what's interesting is that you think that utilities -- i mean, they used to be pboring, but they've made a lot of money in the last 12 to 18 months. utilities do well under either administration. >> yeah. utilities are a pick that regardless of what happens with the election, i think you're going to get stimulus next year. if trump wins, you probably get deregulation deregulation is good for the utilities. if biden wins, you're probably going to get some infrastructure s

tonight's trader line-up tim seymour, steve grasso, jeff mills. coming up on "fast" the chart master's big warning for big tech carter worth has five charts that show more pain ahead for the tech trade plus, a tiktok takedown, china drawing a line in the sand nikola fires back. ♪ >> what's up, everyone first of all, i never take any belie [ bleep ]. >> more of his reaction straight ahead. we start off with the tech wreck, the nasdaq dropping for the fifth time in six sessions, down more than 10% from its record the index closing the week with its wbiggest loss since march apple, facebook, all the big names tumbling this week is this an ominous sign for the market jeff mills, what do you say? >> i think in the near term that it probably is ultimately, i don't think this is the rotation we've all been waiting for. near term, i do think there is more room to the downside. i think just focusing on the technicals right now is important, because these things clearly aren't trading on fundamentals it looks like a lot of these stocks have breached that le

. >> kb homes up >>> i'm melissa lee and this is "fast money" guy adami, tim seymour, dan nathan and bonawyn eison. our team is plugged in and ready to break down all the big headlines. plus we are following nike, that stock soaring as the company's earnings call gets underway. carav we start off with a tuesday turn around stocks pushing higher with tech once again taking the lead the nasdaq gaining 1.7%. there could be a big threat bubbling underneath this market. president trump and chinese president xi jinping both dialing up the rhetoric today at the u.n. general assembly. >> reporter: president trump has often used his annual speeches at the u.n. general assembly to challenge his adversaries, whether it's the nuclear regimes in iran and north korea or for the second year running china, which he took direct aim at in his speech this year that was prerecorded despite consummating a trade deal with china in january. at this year's virtual diplomatic gathering, the speeches were prerecorded and shorter than usual, but president trump pulled no punches against china, which he accused

professor tim seymour is taking us to trade school, next i'm a verizon engineer.he team building... ...a powerful 5g experience for america. it's 5g ultra wideband, and it's already available in parts of select cities. like los angeles. and in new york city. and it's rolling out in cities around the country. with massive capacity. it's like an eight-lane highway compared to a two-lane dirt road. 25x faster than today's 4g networks. in fact, it's the fastest 5g in the world. from the network more people rely on. this is 5g built right. only on verizon. >>> welcome back to "fast money. so many new traders flocked to the market since the lows in march. but with markets in selloff mode the last few days, how should they be navigating the sea of red? >> professor seymour nothing more ironic than that. three points i want to make. first of all, know what you own. i mean, are you an investor or are you a trader in many cases in the last three to six months people have been momentum traders if you have a company where you are rock solid on the fundamentals and you've done

let's bring in tim seymour it's good to see you rotation and implosion it is interesting today.re is not much of a rotation flavor today all the rotation names are getting hurt is this just a one day covid-19 scare about the uk or something more . >> we kind of run the cycle where we had had extreme performance growth to value and then the pullback of the big five of 18% from september 4th that you get to a place here where on, you know, clearly today is as yogy would say, i know you're a huge yogy bae yog fan, whether it's netflix or peloton that is outperforming and anything related to transport, hapt a transport, hospitality and the banks. they underscore the fears of of what might have been the news out of europe this morning to be clear you've seen rotation from mid may that is largely held up into transports and some parts of the industrials that i actually think are going to continue to hold up. i think today that has been a very painful place to be >> yeah. >> but they've outperformed the s&p 500 since made may by 20%. >> stick with the rotation he is brilliant, that goe

this is fast money guy adami, tim seymour, steve grasso and brian kelly snowflake surging in its public debut. plus, boeing stock soars and draftkings taking the crown today. >>> we start out of with the fed staying put. jerome powell signaling the rates will stay near zero through 2023 stocks getting an initial pop, but reverse course as the fed share took questions from the press. steve, what was it, do you think, that spooked the markets? >> you know, it's always hard to know maybe one of those sell the news things there was a bit of history in the statement where the fed for the first time put in the statement that its new goal is to seek inflation above 2% that was in the long-term policy strategy but it had not yet been in the statement. this is the first statement following that change. it was a bit like there was nothing behind it in the sense that, the question that i asked, i said, well, how come your forecasts don't show you hitting the goal, not even in the four-year horizon here the fed chair didn't really have a good answer for that you would think if you said, you know, i

up next, final trade ♪ ♪ ♪ >>> time for the final trade tim seymour?his one. >> karen finerman? >> i think that the housing trade is very much intact. i like lowe's. i love what marvin ellison is doing here it's not crazy expensive lowe's. >> steve grasso? >> so if we're going to have less qe dollar's going higher, gold in theory should be going lower. i'm looking at gdx, the gold miners you could wait a little bit here, wait until it recaptured the 100 day. gdx should outperform the metal. >> guy >> we talked about the hospitals on >>> my mission is simple, to make you money i'm here to level the playing field for all investors. there's always a bull market somewhere and i promise to help you find it. "mad money" starts now hey, i'm cramer. welcome to "mad money. welcome to cramerica my job is not just to entertain but educate, teach, put it in context so-call me at 1800-743-cnbc or tweet m me @jimcramer. days like this, i know, i know, they are discouraging.

tim seymour? >> so, copper at 2.5 year highs.s free port mac at two year highs and materials going higher around housing sector. stay long. shreveport. >> my thought earlier was tik tok in the right hands would be competitive snap twitter i don't see it that way with oracle's cloud so to me i think you reload on twitter. >> karen >> i thought city bank was over done, stock down almost 6% >> guy, quickly. >>guy? >> mcd. >> all right see you tomorrow >>> my mission is simple, to make you money i'm here to level the playing field for all investors. there'salways a bull market somewhere. welcome to cramerica other people want to make friends. my job is to make you money. call me at 1800-743-cnbc or tweet me @jimcramer. bear with me what if this whole market after this incredible ru

tim seymour. >> the shelter in place trade seems to be back on today.es at a blow out fiscal q1, look at this trade. >> karen. >> yes, so my trade for the autumnal equinox, it is half mental so buy what you want to own even when it feels scary and for me that was fedex. >> i forgot about the equinox. brian kelly. >> and yogi. >> i had forgotten about it even though the sun is in my eyes going down so listen, the future is hard to predict here but i would say xlf, you want to sell that thing and when you're done selling it, you sell it again. the banks look terrible. >> guy >> tim works out in equinox, and that being said fire eye >>> my mission is simple, to make you money i'm here to level the playing field for all investors. there's always a bull market somewhere and i promise to help you find it. "mad money" starts now hey, i'm cramer. welcome to "mad money. welcome to cramerica other people want to make friends, i'm trying to safe you money. my job is not just to entertain but educate, teach you and put days like this in context. call me at 1-800-74

above the cost of capital which is a function of their business max, which ix >> mike, thank you >> tim seymour, do you like citi more, less, or the same? >> love the social change here i love the fact that citibank's board is going to be 50/50 gender male/female this is a move that should not be seen as extraordinary, but it is it will be great when this is common place i'm long citibank, i'm long jp morgan, i'm long bank of america. i think the drivers today for citibank longer term are where they're going to extract the most value it does seem that their commercial bank is infrastructure heavy there's probably a lot of focus on global infrastructure for ms. fraser going forward i think the banks have thrown enormous provision for the last two quarters and looking for better times ahead but i'm waiting for that catalyst even before covid-19, banks were underperforming and they were underperforming even before they had this headwind. >> this might be more common place, at least on wall street, karen. jp morgan has pretty much te telegraphed that the successor to jamie diamond will most likely

tonight's trader line-up guy adami, tim seymour, karen finerman and dan nathan. the major warning for one market watcher. why he is calling for a 20% pullback in big tech plus ford giving details on its electric pickup. and later airline ceos back at the white house today looking for more money we found 67 billion reasons why that might not fly we begin tonight with breaking news on the banks. >> we were discussing on closing bell the banks finding out this evening what this extra stress tests they'll go through this fall will be there will be two severe recessions it will be tested against as opposed to normally one. it's possible we could interpret those severe recessions as not as bad as they could have been june saw unemployment spiking to 10%. this test has two versions one is that it spikes to 12.5% and then dips more quickly to $7 7.5% both of those factors perhaps highlight the severely adverse scenario didn't get that much worse given the year that we're in than perhaps it could have got. 10% unemployment to 11 or 12 is not that much worse. that will als

guy adami, tim seymour, steve grasso and victoria fernandez. fedex shares on the move we'll bring you the big headlines. plus nikola shares tumbling on the after hours on reports the justice department is now looking into claims the company misled investors later steve grasso is taking the mound to pitch his next best idea all that, but first the latest from today's apple event we start with a major selloff in the financials the biggest driver in the market with the xlf falling more than 1.3% citi dropping 7% today under pressure that regulators could crack down on the bank's risk management systems the stock is now down more than 12% in the past two sessions guy? >> dan nathan has been talking about this for a while one of the things we've said is today's banks are much different than ten years ago they've become utilities you have to look at them differently and you have to factor in valuations much differently. i'll say this quickly about citi right now at $45 the stock is now trading 63% of tangible book, assuming that tangible book is accu

tonight's trader line-up guy adami, tim seymour, karen finerman and dan nathan. sheila bare is with us her take on the health of the big banks. plus sky high outrage as the airlines see another taxpayer bailout. why this proposal could hit some major headwinds. >>> we start off with what could be the next big short, real estate four reasons why we are asking that question tonight. first, the jobs market jobless claims coming in worse than expected pointing to an uptick in layoffs. plus a stimulus stalemate, goldman sachs slashing its numbers in half as congress stalls on a stimulus package many big businesses rethink the need for large office space. when you put these factors together, is real estate a house of pain? could it be the next big short tim? >> well, maybe number five are those new home sales numbers that came out today that showed the exodus out of the northeast into the south is very pronounced you've basically doubled the amount of new homes in the south region from april from around 330 to 630 northeast isn't growing. a lot of these are major metro

tim seymour? >> copper, southern copper >> steve grasso? >> pse is breaking out buy, buy, buy. >> oil >>> my mission is simple, to make you money i'm here to level the playing field for all investors. there's always a bull market somewhere and i promise to help you find it. "mad money" starts now hey, i'm cramer. welcome to "mad money. welcome to cramerica other people want to make friends, i'm just trying to make you some money my job is to the just to entertain you but educate and teach you. call me or tweet me like @jimcr. so much of what you see on your screen is driven by not the feds' comments, a little boring with the zoom box or retail sales that we got or housing numbers. but what is happening at the morning's research meetings all over the country today where the down gained 37 points and the s&p dipped and the nasdaq lost 1.25%. more on that later today seemed like it was dominated by the fed in the amazing snow flake ipo and as someone that helped bring the microsoft ipo to goldman sachs, i know a big deal when i see one. more o

tonight's trader line-up guy ada adami, tim seymour, dan nathan and karen finerman tonight, we are alls action on micron the company's earnings call is now underway we're listening in plus, more on today's retail wreck. names like mac

guy adami, tim seymour, steve grasso and victoria fernandez.g you the big headlines. plus nikola shares tumbling on the after hours on reports the justice department is now looking into claims the company misled investors later steve grasso is taking the mound to pitch his next best idea all that, but firsth

tonight's trader line-up guy adami, tim seymour, karen finerman and dan nathan.e big banks. plus sky high outrage as the airlines see another taxpayer bailout. why this proposal could hit some

tonight's trader line-up, guy adam meerks t adami, tim seymour, karen finerman and steve grasso.acklash for the new mulan movie. we start with

your trader line-up on this wed guy adami, tim seymour, karen finerman and jeff mills.ng

tonight's trader line-up guy adami, tim seymour, karen finerman and steve grasso.metals meltdown. gold getting crushed in today's session. later a rare green spot in today's sea of red the one tech name that was a true high flyer. we start off with that late-day selloff. stocks getting smoked in the

tonight's trader line-up tim seymour, steve grasso, jeff mills.how more pain ahead for the tech trade plus, a tiktok takedown, china drawing a line in the sand nikola fires back. ♪ >> what's up, everyone first of all, i never take any

. >> kb homes up >>> i'm melissa lee and this is "fast money" guy adami, tim seymour, dan nathan andeady to break down all the big headlines. plus we are following nike, that stock soaring as the company's earnings call gets underway. carav we start off with a tuesday turn around stocks pushing higher with tech once again

this is fast money guy adami, tim seymour, steve grasso and brian kelly snowflake surging in its publicngs

guy adami, tim seymour, karen finerman and dan nathan. shares of general motors soaring today.numbers later, a magical moment for disn disney we start off with another big selloff on

tonight's trader line-up guy adami, tim seymour, karen finerman and dan nathan.in big tech plus ford giving details on its electric pickup. and later airline ceos back at the white house today looking for more money we found 67 billion reasons why that might not fly