todd gordon trading analysis.com. >> i think the flattening yield curve. banks borrow short and lend long and but they also borrow short and lend short if anything that's pressure on equity markets because you suck the yield chaser out but financial haves totally underperformed when rates move higher yield curve flat and that's troubling because they are the most levered to this economy that's got so much confidence around it i stay long banks. >> i agree i like tim am frustrated they haven't traded better. there is a perception that banks are a giant 2-year, 10-year bet. they are not making that giant bet. i think if rates move up it's better i hang in on jp morgan at this time itty bank bank of america citi bank has the most up side. >> whether or not they shall or should be dependent on the 2/10 spread that's the way they trade. >> yeah, i mean everybody is looking at the net interest margin and the 2/150e spread is the proxy as long as people believe that that's how they trade. that being aid said i think jp morgan trades well with, relevant difficult

be getting started here in amd i think this chart is amazing. >> amazing all right todd, thanks todd gordonng analysis let's trade it trade it or fade it we should do, in and out. >> let's play a game the first of the night mel champing at the bit. >> 30 minutes in what took long. >> that's all right we do it trade it or fade it, dan. >> you trade it. the stock is down 25 li 20% from the recent months it's been a bad, bad summer of news, lost the ceo, they had to push out the 10 non-meter chip. i think there is catalyst coming in the fall at 45.5 or so. you see a trade back near maybe back to 50. >> my trading and fading is? >> yeah. >> i'm trade going with him. >> you are >> you're with him. >> i just bought intel the other day. part of the reason is i think it's a great opportunity because of the fact that they are searching out for a ceo. i think he is there. and a halfen chen oi moving to the up side. >> micron being tim trade it or fade it. >> fade it unlike intel which is a broader business model and has core competency look the roll crisis in d ram and nan are things you have to be c

. >> getting the technical analysis todd gordon of trading analysis.com is here what do you see. >> ig to mike co off camera talking about the expected move as of closing at 307 the plus and minus one standard deviation which is where options market see it falling 70% of the time was $38 subtracted from the disclosing price which is 307 if you do rough approximation, that gives you the low so far. so what you'd say is this is not overly excessive in terms of oversold on the technical basis. so 270 if we hold, fine. let's look at the longer term since ipo get the technical perspective of where the is to stock has come and the impressive that we have seen so this is from ipo. very nice work there we can see the stock has had a very, very nice smrkles in a weekly clarity here. go to the daily. and what we are doing -- we clear the chart. there we go. we are supported from the recent lows pep we have had attacks on the short side, trying to get threw the 240, 250 level not able to. that expected move as i mentioned at the close acts as support. b.k. was saying he wants to get him down to

todd, thanks very much. >>> breaking news tonight. a hurricane warning in effect for parts of the gulf coast with residents being warned to brace for hurricane gordonthe storm for us. a new forecast out from the national hurricane center. do we know better where the track is going to take the storm? >> well, jim, the track's been pretty much right on since this morning. i think a big story, what a surprise for many residents. just last night it was just a cluster of storms in the atlantic but once that center moved across south florida and got into warm waters off the keys, it went right to a named tropical storm. the last advisory has changed that hurricane watch to a hurricane warning. notice it up to the north there. it does not include new orleans. it's just to the east. all the way over across mobile bay to the panhandle in florida and alabama. the storm system wobbled a little bit earlier, moving towards marco island which, of course, had its damage from hurricane irma. the system is moving at a pretty good clip, 17 miles an hour. all the computer models are in good agreement where it wants to place it. it's the timing and intensity. category