guy dhami, dan nathan and tim seymour -- he's there. action shows netflix, chipotle and united airlines. plus a crypto collapse, bitcoin breaking below 30,000. it is now on the brink of giving up all of its gains this year. we'll tell you about this crypto carnage. >>> and later, it's a wash a breakdown of reporting results tomorrow after the bell. we start off with a tuesday turnaround as it starts to rally in a big way doed. the s&p 500 with all the year's big losses led by materials and financials. the stocks rally the bottom market found some footing. the 10-year yield breaking a four-year losing streak, but today's rally felt more panicked in yesterday's selloff why, dan >> we were talking about this last night we said selling actually took pressure off the lows. it felt like they could really break there. but when you see this sort of broad strength you had today, at least in the equity market, you say to yourself, wow, that really felt like a panic and what happens to all those fears that caused what i thought was a very healthy

tim seymour, karen finerman and jeff mills and hello, everyone thrilled to be here. we might as well get right to it markets losing steam in a big way at the end of the session with the s&p closing near the lows of the day. all three major indexes snapping three-week winning streaks strong results overshadowed by inflation concerns the latest data shows the inflation expectations at the highest level in 13 years, guys. so does today's action raise a warning sign for stocks? tim, let's start with you. how are you reading this going into another busy earnings week? >> well, first of all, deirdre bosa, you know, welcome to the show and i think we now have to -- because we have nicknames and i think we need to crown you as deebo. i think this is from the ambassador or from the icebreaker, bonin and eisen or from the chairwoman, karen finerman welcome to the show. we have been talking all week about some of the disconnect between the headline indices and where you're seeing an approach to risk and some of the cyclical sectors have pull back the disconnect between powell's

. >> tim seymour, in terms of bond volatility to equity volatility? >> well, first of all, i think guy is one of the sharper pencils in the light bulb drawer so, you know, for what it's worth, i think -- but i think this observation, i think it is extraordinary, but i think we have seen bond yields for the last two years first of all, as guy has said, i think, you know, bond market will lead the equity market, and i think where the bond market led us lower on yields, you know, well before we were concerned about delta variants, and on some level, maybe as a function of thinking that the fed was going to overstep their bounds the volatility in the bond market, i don't want to see it either the fact that yields have overshot possibly on the way up at 175 and possibly on the way down, i think the best thing is really some of the chart that we've had on the show and the conversation that, look, we got too far too fast and that on some level you saw that bond prices were way over bought or yields were over sold on the way down i actually think that that wa

tim seymour, what'd you make of the quarter and also the commentary about inflationary pressures will persist or could persist into 2022? >> welcome to the club who hasn't told us that, and look, ford got out there already and they've talked about the units, 700,000 units in q2 in terms of affected by semis and whatnot. he also mentioned that the order book, i think the term was spring loaded. for investors the thesis is the following. ford, yeah, we know about the f-150, very exciting jpmorgan i quote them, this isn't my quote, ford now appears to be progressing more quickly toward fully autonomous driving than tesla, with its 9.7 times multiple versus tesla's 100. that's great stuff, but the most important thing is that ford is profitable, and higher warranty costs, losses in europe, losses in latin america are a thing of the past this is a company that's run very well, so you have enormous exposure to autonomous and ev, but you have a company that's profitable at a time when the auto cycle is really in full swing. so trading less than ten times the company's very, very attractive t

tim seymour is here to break down all the action. welcome, i am brine sullivan in for melissa tonight. thanks for joining us anyway tonights linedup time seymour, guy adami. let's start doing it and get right to it. hit the macro markets and your money. another good day as the dow, s&p and nasdaq all rose, not big but when you are on records and you go up a little bit it's a new record it was a story of continued momentum and maybe a little mini jay powell pop, if you will, because the fed chair testifying on capitol hill mostly of course got questions that lined up by political party, but on the side that you care about powell trying to keep everybody calm on inflation, but in reality is everything as under the surface smooth as it may seem tonight, guy adami? what do you think? >> hello, brian. and i don't think things are nearly as smooth as -- it's like what is that thing when a duck swims it looks so casual but below the surface the wheels -- the legs are going a mile a minute that's what's happening here dan will correctly say

tim seymour, how do we digest this >> well, looking amazon came into this under-owned and under- under-loved i'm extremely comfortable with the ability they can pull levers, and i think their subscription services from a trading perspective, look, this is a company, you have that five, is not in the top echelon >> guy the last two quarters were extraordinary, i think by any stretch. both times the stock traded up significantly. and oh, by the way, the guide was disappointing, so you have to ask yourself, if the last two quarters had sold off, what happens now? maybe we're finding some equil equilibrium. >> 14 minutes until that kicks off. in the meantime a news alert on disney julia boorstin has details on that. >> scarlett johansson is suing disney, alleging her contract was breached when disney simultaneously released the film on theaters and disney plus. she says her salary was based on box office performance, "wall street journal" estimating that the simultaneous release could cost johansson some $50 million. now, disney just bresponding in statement, saying there's no merit to this fili

guidance for the rest of this year dom, back to you >> let's talk a little bit about this, guys tim seymour, i'll throw this out to you first if you look at the action during the regular session, you can see like three-quarters of the dow's loss today was just boeing by itself so it was a big drag for the overall trade. is there something you say, hey, it's gone down enough, religion. >> let's face it, '97 has been the breadwinner for boeing remember, we actually gofrlt i think rpgly the orders you want to get pr boeing is deny today, too, saw some pressure for don which is going to be downgraded we're leasing upsd ily. ly. >> yeah, i would just say if you're looking at trends and up trends and what's about to break or what might hold, look at the iet. despite guys' plan began tyler pitch, we all give a thumbs up there. down about 9% from those recent holes a pipd about fortunately we're going on pre-pandemic about their planes and orders, that sort of thing, but shoertly we'll see a lot of shifts and starts with this show and trying to make demand and all of it to go together at this poirn

tim seymour. >> energy trade again, best of breed, eog despite the derivative hedges that cost them an finerman. >> on the heels of what we were just talking about with being in mcand domino's, like starbucks, their digital game is really good also, i know it's high, but it should be. >> dan nathan? >> intel feels like a value trap here and i'd go with taiwan semi, tsm. >> guy adami >> in that same vein, amd. >> thank you for watching "fast money. see you back here tomorrow at 5:00 "mad money" with jim cramer starts right now 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 isn't just to entertain but to educate and teach you so call me at 1-800-743-cnbc. or tweet me @jimcramer. let's tall it the great american snag, yeah, the snag it's tha

or this afternoon on the west coast i'm brian and once again for melissa and your trader lineup, tim seymour, nadine tourman and dan nathan and guy adami we're going to start with something a little different today. not the macro market something more near and dear to my own heart and that is oil because we had a big warning for big oil. listen to what cramer had to say about crude oil today on "squawk on the street." >> we're going to see maybe a million barrels back in the permian and the economy will not be able to hand itle the economy doesn't have that much demand. so there will be a tipping point supply i'm calling the top right here >> big call by jim now oil settling down more than 2% today after hitting seven year highs last week don't want to make too much. still above where we were a month ago. but when oil goes down, you know what else falls? energy stocks. the sector certainly has been the worst performer in the s&p today. down about 7% this month after being red hot to begin the year. dan, you kind of hit on this last night you talked about oil you also, it sounds like, would a

the's lineup, guy adami, tim seymour, dan nathan, and jeff mills. we're going to start off with the massive sell-off on wall street it makes the most sense because stocks plunging today. the s&p 500 dropping more than a percent and a half the dow posting the biggest loss of the year. every single s&p sector finishing in the red new fears over rising cases of the delta variant, putting the reopening at risk. investors rushing to safety, sending the yield on the ten-year treasury to the lowest level since february, below 1.2. so let's break down today's brutal sell-off. guy adami, what is your take on the day? what a way to start the week >> yeah, it's interesting. hi, courtney brutal, i understand why you would say brutal i get it worst day we've seen in quite some time. >> actually thought it was pretty orderly i think dan would probably act nj that as well. we talked before the show. it was necessary as well the technicians out there, i'm sure jeff and tim have thoughts be, the 4230 level, 50-day moving average bounced off of that for me, each thou

tim seymour, bono and guy adami. we're joined by managing partner gene munster let's get straight to it we start off with the big three, nearly $6.5 trillion in total. alphabet, apple, microsoft out with results we kick things off with alphabet hitting all-time highs in the after hours. >> still listening to the call that comes on the back of an already huge run this year alphabet crushing analysts expectations, but i do want to single out a few specific businesses first youtube, revenue of $7 billion, represents growth of 83% year-over-year during the quarter and it's getting even closer to netflix, which booked $7.3 billion in revenue in the same quarter growth of youtube shorts mentioning as well, the tiktok competitor, also surging the ceo just said that shorts surpassed 15 billion views, up from 3.5 billion as of the end of january meanwhile, google's cloud unit grew by 54% year-over-year the ceo just said the increase in cyber and ransomware attacks is a wakeup call for the industry and google's approach to sec

guy dhami, dan nathan and tim seymour -- he's there.nk of giving up all of its gains this year. we'll tell you about this crypto ca

tim seymour, bono and guy adami.er let's get straight to it we start off with the big three, nearly $6.5 trillion in total. alphabet, apple, microsoft out

tim seymour is here to break down all the action.

tim seymour, anything surprise you? >> no, not really. i think unlike a trip that is foregone because of a demand issue or a meal you haven't eaten or something consumable, a delayed car purchase will be purchased. and i'm not worried about a chip shortage for automakers. gm reiterated they see huge demand into the second half of the year, and into 2022. and they talked about the economy, and they talked about the consumer we have all this stats, we have run them on this show in terms of the average age of the car on the road, we know the commitment that they're making to ev and to autonomous we know the profitability of this company has never been better and their efficiency also in terms of how they're running a business these numbers were what we expected, we are aware of the constraints and in fact i think you priced in a lot of bad news on the constraints in these companies. >> yeah, i just add that all this data we said, tim said he's not particularly surprised, a lot of things very supportive about the used car market and i would g

reaction from david, he runs an independent firm and fast money trader of seymour asset management thank you both for being here. timg in emerging markets for 35 years. how bad would you say that tensions are right now and how as an investor would you calculate the risk >> it is great to be here. i am going to say 25 years >> china has made it a point to try to elevate their markets and companies into a global standard they care about having access and being seen as a reserve currency and deep marketplace and that their markets are freely tradeable they are trying to get the msci on board they have done a lot it is why what we are seeing over the last couple of weeks. i can't say that i am surprised. i am sure david spends a lot of time on the political end. china has never been a true democracy. i think they have been stronger on china this is really about control of the 21st century for technology. 15 years ago we were saying oil, gas, natural resources were of strategic importance and what nations were fighting to control. data is the new oil. china is fighting to be in the game and possibly believes they should