. >>> by tim seymour says it is back to the future for the mag seven. he is here with what he means by that and how he is trading. >>> let's start with the markets. let's get the set up. >> a multi-decade losing streak might be snapped and the dow jones industrial average if the gains can hold. we are up about 160 some points at 43,611. it is important because of the last couple of days, traders have been looking for that 50 day moving average as a possible support area. that number is just around 43,500. that is the level you want to watch. you get the idea. if it can hold above there, maybe we can find some support for the next move higher. that is the level to watch. the s&p 500 is at 6061. remember, 6099 is the record high. nasdaq up about the same amount percentagewise. we are keeping a close eye on certain parts of the market with regard to consumer stocks. general mills is one of them. general mills is down about 3.5% on what has been viewed as a generally good earnings report but they cut the full year forecast for the coming 2025 year. there we

on the desk tonight tim seymour, lori calvarre. the dow notching the eighth straight down day for the longest losing streak since 2018. the nasdaq at all time highs close at a record of 20,173. two big momentum trade soaring again today, bitcoin touching a fresh all time high touching $107,000 for the first time. crypto proxy microstrategy up more than 7% after news late friday that the stock will be added to the nasdaq 100 next week. the gains fading in afternoon trade but shares still up nearly 550% this year. microstrategy outperforming bitcoin by almost 30% just since donald trump was elected president. so what is the outperformance signaling to you? it could have a broughton market signal orbit coin specific. >> feels like allocation. broader market if you look at the nasdaq it's been outperforming not a little but a lot, 5% since thanksgiving, the equal weighted has underperformed by almost 5% since thanksgiving. the s&p is up 7.5% since the fed. we have a fed meeting this week, we have a bunch of other central banks this wee

i'm melissa lee, on the desk, tim seymour, melissa beal. we start out with . roe price that the yield could climb as high as 6% a level hit in 2000 a number of fiscal risks fueled by trump tax cuts plus potential tariffs and immigration policies that could put more pressure on prices and rates have been climbing topping 4.4% at their highs today, but if t. roe price is right >> oh, yeah. >> what could it mean for stocks the major indices are down today and they're still trading close to records and even the dow's longest losing streak in more than four decades and less than 4% off the intraday high can the strength continue if yields push higher, tim? >> remember, the growth scare would push yields lower and that's not good for the equity market, a couple of payroll numbers and people were starting to question what's going on with the economy and a ten-year that can go to 5% and who knows what the psychological level is and there's a lot of imperical data and we were a different rate environment and 2000 is where cash equity levels and if you listen to bank of

shares of french fry maker lam westin getting skewered and i'm mel melissa lee, on the desk tonight, tim seymour, karen finerman and mike khouw will join us shortly. three major moves that can threaten stocks, and the ten-year climbing 4.6% after yesterday's fed meeting and its highest it's been since june 2022 the dollar also continuing to strengthen hitting a two-iary high of its own. those moves as the central bank revised its outlook for 2025, now expecting just two more cuts and that sent stock markets reeling on wednesday while the major averages tried to club back some of the losses yesterday. a late-day phase sent the nasdaq into the red and the dow well off its highs and it did manage to break the ten-week losing streak and the gain in the historically strong month. can the rally get back on track, and i guess the key here is we mentioned the dollar and the yield if they keep going higher, what kind of headwinds will they be >> there's no question that significantly higher yields are back, and i don't think anybody wants to see yields diving and i think that the ten-year below three and

on the desk tonight -- tim seymour, karen finerman, dan nathan, and guy adami. we start off with that big round number for the nasdaq. the index closing above 20,000 for the first time ever. today's nearly 2% move comes courtesy of some of the biggest names, pinging resh highs of their own. amazon, apple, meta, netflix, and tesla all hitting intraday records. and today's milestone comes about 4 1/2 years after the nasdaq first crossed 10,000. the biggest gainers in the nasdaq 100 over that period, nvidia, up 1300%. super micro just behind that. tesla, broadcom, palo alto each up 400%. so, does today's action give the all clear for that tech trade, guy? >> all clear, i love that all clear. for -- the six names we just had up on the screen, i was trying to figure out, where i have been on some of these things. apple, missed the boat, tesla, no question. netflix, facebook and google, we've done a decent job. so, all clear -- i don't nope. valuation on three of those names, you can still make a case for it, despite the fact we've seen these unbelievable moves. the o

tim seymour said here a month and a half ago when ali baba was 117. i'm low on the stock but i am selling calls against it. that was prescient because it is round trip as well. we have filled in all the gaps created to the upside. that trade is not over. i agree with carter. >> the things that worried me most were not related to the bottom-up story. they are not related to china macro. it is probably, to the extent china macro could be corporate governance dynamics, i don't know what they are going to do to ali baba. they have kissed the ring and been through that who is your daddy. the story of a company with 45% of the market cap is the story of a company i think continues to talk about a spin off of assets. this is some of the parts, earnings multiple. that can lead, which is the collection of the largest chinese internet names, if you don't want to play just one thing and diversify, that is still up 21% from the low in september. even after this move, guy is right and it is nice he pats me on the back for selling upside calls. i am still in alibab

on the desk tonight -- tim seymour, steve grasso, guy adami and julie biel. >>> we start with google. they announced its quantum chip willow computed an equation that takes ten to the 25th power years. this is hailed as the next frontier of uber high technology. some hope it can provide answers to space travel to the origin of the universe. but so far, there are no real world applications. still, the break through sent shares of alphabet surging more than 5%, adding nearly $120 billion to its market cap. does this milestone give the megacap a leg up in the big tech race? does it make sense that we added so much in market cap to google for a technology that has no commercial application yet? guy? >> i think what it shows, google's not as far behind the eight ball as the market thought a few months ago, and the fact they are probably still in the pole position, and on valuation, you can make a case still despite today's move. and i think that $191.75 is in the cross hair. good for google. there have been some missteps, not necessarily from them, but the market around them, but people ar

here to help me spread some delay cheer is tim seymour. and a "fast money" trader.e we get into the individual names let's check on the bigger picture. take a look at the dow. it is the under performer once again. this has been a rule recently, though barely below the flat line. the market has gathered strength to the s&p 500 higher by half a percent, nasdaq composite up .9%. and whether santa claus comes to wall street in the final few trading days or not, 2024 will still go down as a great year for stock. the dow up 13%, 25% for the s&p 500 and 31% and change for the nasdaq right now. so tim, this is now going to be the second straight 20% up year for the s&p. in fact, could be the second straight 25% total return. what's your read, first of all, on a little bit of the turbulence we saw in the first few weeks of december? what's behind that and do you think we're through it? >> it's fascinating because it's been arguably the best -- one of the best 24-month period on a rolling basis going back to that october '22 cpi. if you think about what has roiled markets ove

i'm melissa lee, coming to you live from studio b at the nasdaq on the desk tonight -- tim seymour, carter worth, guy adami, and mike khouw. >>> we start with some pockets of strength in a tepid market. banks and airlines taking off, after american gave a strong outlook for the fourth quarter there was strength elsewhere in the travel trade, too. marriott, hilton, as well as expedia and booking. the moves coming as investors turn their focus to tomorrow's jobs report. will the data get the broad markets moving once again? moving higher, i should say. guy, what do you think >> well, it's interesting, right, this jobs number what are we rooting for we have this conversation seemingly every month. >> or does it matter >> or does it matter, that's the third -- door number three >> options three, monty. maybe i'll take door number three. i'm not sure it does at this point. the market seems pretty convinced we're going to be on this trajectory. today was an interesting day, technically, that carter can opine on it's not a big deal, but one day does not a trend make. the reversals today were inte

on the desk tonight -- tim seymour, steve grasso, courtney garcia and guy adami. >>> the second-best performer in the stock index and added 220 points to the dow today. all three indices hitting all-time highs today. marvell technology surging, and servicenow up more than 6%, after the company announced an expanded collaboration with amazon web services. some of these moves, tim, might be silly, in your words, but they are happening, and software is really taking the lead here. >> i think that was a word i used when we talked earlier in the day, because if you look at the move in snowflake, we'll talking about 60%, okta, it's 40%. the move in palantir has been nothing short of stratospheric. they had fresh government contracts, approvals. they've gotten some accreditation that scholes they can take even more of the government's money. but what i do think is legit about this is, we talk about the broadening of the a.i. trade, and while this isn't a new idea, a lot of these companies have been in and out of that trade. i do think you're starting to see some real follow through from the