on the desk tonight, tim se seymour, steve grasso, guy adami. the do you ending the day up 288 points. after the blue chip index started the day down nearly a percent. s&p seeing its best day since august surging more than 1.5%. the strength coming despite a bigger than expected jump in payrolls for september. the economy added 336,000 jobs l.a. month. that strength initially sparked fears the fed could raise rates at the meeting. but take a look at the groups leading today's rally. technology, communication services, sectors that don't usually thrive in a high interest environment did well today. why are investors flocking back to these names? what was the jobs report all about? >> good news was bad news and then good news was good news. if you look at the payrolls, we've averaged 2,626,000 jobs over the past three months. let's be clear, there's no weakening in the labor force. if you hadn't included the additional participation rate, we'd have an unemployment rate of 3.6%. nobody thought the labor market was going to be this strong. is this g

>> jack and henry -- >> tim seymour? >> i liked our baseball theme bio tech segment. teve? >> rivian, massive move since june. i'm still long the name. >> tim talked about bad clubhouses in mlb, i mean, it happened at shea all year. this is going to be a house cleaning. med medtronic, mel. >> thank you for watching "fast money." meantime. don't gonyer awhe. "mad money" with jim cramer starts right now. is 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 isn't just to entertain you but to educate and teach you. call me at 1-800-743-cnbc or tweet me @jimcramer. is it finally time to dust off the march play book? remember, this market got crushed in f

constellation brands. >> tim seymour? >> energy super cycle.irwoman? >> yes, happy birthday to my husband and my final trade is tlt, buy. >> dan? >> lawrence is the man. happy birthday. xlu. tnkou.carter's call on that >>ha y for watching >> my mission is simple. to make you money. i'm here to level the playing field for all investors. i promise to help you find it. mad money starts now. >> a. welcome to mad money. other people want to make friends i'm trying to save you a little money. my job is to not entertain but educate and put everything in context. call me at one 807 43 cnbc or tweet me at jim cramer. enough hasn't been enough. there's been fear

but how many tim seymours are out there? >> a lot of people are cutting their own grass.. people call it a lawn mower, i have to correct them, it's a lawn tractor. nothing ones like a deere. >> small tract >> we don't have to get into, you know -- >> tim has -- >> i would also say, so, i agree with guy's concern here, and if you have concern for deere, you have concern for caterpillar, and if you have concern for a chart that also has been kind of a rocket. now, the valuations in both cases are not terribly challenging. and that's the story. but the industrial world, after outperforming significantly, if you look at the xli as an overall for that group,under pressure here. and underperforming. >> do have concern for uri? >> yeah, i think it does. part of it is, is there trouble with the infrastructure build because of rates? yeah. >> i tend to think -- i'm with you there. the tailwind got us to where we were, and subsequently, now with rates where they are, it's kind of a bit of an overhang. i would be looking at an entry point for deere. i would wait, but i really think

on the desk tonight, on the desk tonight -- tim seymour, karen finerman, bonawyn eison and our guest trader. we've heard from so many ceos about how spending is buckling, but the data is telling a different story. retail sales last month jumping 0.7%. almost half a percent above estimates. retail stocks ripping for the second straight day. the strength coming even as yields continue to rise. the ten-year getting back to the highs hit last week, takes yields back to severals not seen in nearly 17 years. so, how do we go from a tapped out consumer and a market gasping for air, from painful rates, to this? tim, it's pretty unbelievable. when i see the retail sales data, i know it's lagging, i know it's a little imperfect when it comes to a survey, but it's what we have right now and it was way stronger than expected. >> great to have you here. great to have stuart here. and my view is, first of all, the consumer with a job is proving to be much more resilient. what's striking about this number is, if you look at the retail sales, the control factor, essentially, element of this number,

on the desk tonight -- tim seymour, karen finerman, steve grasso, and guy adami. we begin tonight with netflix, shares soaring, up 12% afterhours. netflix getting a boost from subscriber growth and a new ad-tier subscription. cnbc's julia boorstin here to take us inside the numbers. julia? >> melissa, that 12% jump of netflix shares, that all comes down to the company adding 8.76 million subscribers. a huge subscriber beat. three and a quarter million more subscribers more than anticipated. this in large part thanks to a successful crackdown on password sharing. the company says, quote, the cancel reaction continues to be low, exceeding our expectations. and borrower households converting to full-paying memberships are demonstrating healthy retention. the company also saying that the adoption of its ad plan continues to grow, 30% of signups, up 70% quarter over quarter. to push more subscribers to its ad plan, netflix is keeping the price of its ad-supported and standard plan the same, but they just announced they are hiking the price of the basic plan by $2 to $1

on the desk tonight -- tim seymour, guy academy, julie biel and mike khouw. >>> we start with the markets. the benchmark treasury hitting 5.02% early this morning, a new 16-plus year high, but then falling 17 basis points from those levels. it was the third day in a row it closed below that mark. one sector of the market in particular seemed to like the yield move, and that would be megacap tech. look at the gains in names like meta, amazon, microsoft and alphabet, all of which report earnings this week. can the momentum keep going or should you be worried about what the results are do to the stocks? a really interesting move in the bond market today. >> 100%. when you see a 16 basis point move over the course of a few minutes, that's a staggering move. listen, i'm not pretending to know what's in bill's held. great trade, number one. he totally nailed it. but number two, i think he looks over the landscape and says, okay, a couple of things are happening. the economy seems to be slowing and the potential for geopolitical risk is escalating with each passing day. both of those, in my opin

you might notice on the screen, there, ringing the bell at the stock exchange today, fast money tim seymourre, that is in support of a leg to stand on, proud of what you're doing with that organization. i will see you back on the east coast, it does it for us, ot begins now. >> there's your scorecard on wall street, welcomed the closing bell overtime, i'm john ford with morgan brennan. coming up, we will talk about today's political headwinds that remain for investors, and were joined by longtime marcus to just. >> billionaire murders tighten an nba team owner will speak with us, about rising rates and impact on the housing market. later, a new era at the box

on the desk tonight -- tim seymour, karen finerman, guy aed adami, and julie biel. >>> the move coming after early tests that ozempic could be used to treat kidney failure, as well. the news sending shares of med tech companies plunging. baxter hitting its lowest level in nearly eight years. and this could be just the start. ozempic and drugs like it could find uses in treating alcohol and drug addiction, lowering blood pressure, just to name a few. so, what could that mean for the health care space? we always say the pendulum swings so far. if we've swung too far in terms of it being the miracle drug, guy. >> in terms of names like medtronnic, it swung way too far. i mean, this is one of the great companies, i mean, people are selling first, asking questions later, we're talking about a stock that's at a seven-year low, which, by the way, actually in terms of valuation is probably reasonable it's been for quite some time. flip side, guy, you're missing the point, earnings are going to come down -- don't be so sure. ely lilly is an amazing company. the last pull-back, we've seen this b

i'm melissa lee coming to you from studio b on the desk, tim seymour, dan nathan and guy adami. we start with meta shares now up 2.5% just about after posting a top and bottom line beat. the company seeing return to ad revenue growth avenue dismal 2022 and julia boorstin has all the detail. >> meta beat expectations on the top and bottom lines reporting its fastest growth in two year, 23% revenue growth in the third quarter. that's ahead of the 21% that analysts expected. now, for the fourth quarter meta provided a revenue guidance range with a midpoint just a hair below analysts' consensus and meta's year of efficiency, the company brought down its expense outlook for the year, down to between 87 and 89 billion from a prior forecast of 88 to 91 billion and it forecast its 2024 expenses for the first time giving a range between 94 and 99 billion now, for context, analysts had been looking for expenses to come in at 100 billion or below so they met that now, the company did flag growing expenses in its reality labs division and also warned, quote, we continue to monitor the activ

on the desk tonight -- tim seymour, karen finerman, dan nathan, and guy adami. >>> we start with the major market turnaround. rebounding and rallying to close up 200 points on the day. the s&p 500 closing up more than half a percent and the nasdaq surging 52 points, all as investors shake off the war in israel following the deadly hamas terror attacks over the weekend. crude and brent popping 4%. biggest gains since early april. gold up more than a percent and a half, and the defense sector moving higher. airline, travel-related names suffering. major carriers including united, delta, american, suspending service to tel aviv. the late-day rebound coinciding with commentary coming from fed speakers. steve liesman will be along shortly with all of that. but we begin with the question, why are markets so calm in a seemingly world of crisis at this point? guy? >> this is a hard show. we have to be careful. we understand what's going on, we're respectful of that, but we are tasked to do something in the lens of the market. i think part of it is this belief that interest rates will fall on

everybody, i'm tyler mathieson coming to you live from studio b at the nasdaq on the desk tonight, tim seymour, karen finerman, dan nathan, and guy adami. meantime, stocks eking out a gain today, but major indexes all wrapping up october with a third straight month of losses the dow down more than a percent this month, the s&p shedding more than 2%, both indexes posting their longest losing streaks since early 2020 and we'll get much more on that later in the program but first, amd earnings. shares of the chip maker dropping despite beats on the top and bottom lines q-4 revenue guy dance coming in below expectations the conference call just started, and our kristina partsinevelos has the details. >> tyler, much like we've seen with other chip makers, chip stocks really seem to be reacting to future guidance, and amd's q-4 guidance, disappointing. amd beat earnings revenue estimates for q-3 but guided for q-4 less than estimated. management warned of lower sales in gaming and softening demand in imbedded markets, which includes its smiling business. lattica warned of that, as well. if you broke

. >>>. [ bell ] here's a treat for you, a look at tim seymour and members of the charity organization ringing the closing bell at the new york stock exchange. you have been working with this charity, and there's a fundraiser coming out. >> it essentially raises money and helps execute on corrective surgeries and prosthetic limbs for kids in emerging economies, gets them to these procedures. changes kids' lives at a time when you really are making a difference in their lives. so what's fun about it is wall street gets together and guys like me who are musicians and probably don't deserve to play at a sold out bb kings or hard rock cafe in times square, there's an event every year, called battle of the bands, and there i am. i was a young man there. >> never quite seen you like that. >> it's great, and it's fun to be involved, but i'm telling you. >> you look like bon jovi, right? >> thank you. >> anyway. it's really a tremendous charity, and his crew, he's a wall street guy. it's wall street coming together. people, you know, it's easy to vilify wall street, this is a case where the co

on the desk tonight -- tim seymour, karen finerman, dan nathan, and guy adami. we start with the unstoppable rise in rates. 4.7% for the first time in 16 years. it hasn't closed above that level since august 2007. longer term bonds rallying, with the 30-year hitting its highest since 2010. the move taking a hit on rate-sensitive stocks. look at the utility sector, seeing its biggest drop in three years, falling to levels last seen in june 2020. aea, nisource leading the losses. can rates keep going higher from here? what impact can they have on the markets? today was sort of -- guy? >> meh? it's actually -- today was actually impressive from the markets. again, given the fact that the s&p rallied back, closed unchanged. you have to give it credit. to answer your questions, i think rates can continue to grind higher. i think what could take rates lower is a precipitous selloff in the stock market. as a matter of fact, one of the only reasons they can go lower is if there's a selloff. 4.7 in the ten-year is not good. by the way, kudos bill ackman. i can't believe

on the desk tonight, we have tim seymour, dan nathan, guy adami and our special guest trader tonight, kristen bitterly. welcome to everyone. we're going to start with the late-day selloff. the dow falling as much as 350 points at its lows. the nasdaq and the s&p down as much as 1.2%. the indices closing off their lows of the day, but all three still snapping a four-day win streak. the pull-back colliding with that 30-year treasury option that showed weaker demand. jumping back to nearly 4.9%. all of this as wall street was digesting the latest cpi data. consumer prices rising 3.7% in september from a year ago, slightly more than the street estimate. energy, used car vehicles, prices falling, but it wasn't enough to offset the gains in things like food and shelter. so, how should the market be digesting all of these data points, guy? looked like the market was going to be a little bit okay with a firmer cpi. >> first of all, great to have you. >> thank you. love being with you. >> it's serendipitous that you're with us, because i said -- >> the dollar had a five-week jump today? >> thi