and big bets against the small caps for melissa lee i'm tyler matheson welcome, everybody on the desk, mike khouw, carter worth, tim seymour gentleman, welcome good to be with you. we wrap up march trading with some of the names seeing the most "options action" this quarter. among them, tesla, nvidia, apple, microsoft, and meta heavy interest in a number of etfs as well trade is flood into the spy. the qqqs, russell, as well as corporate debt and gold. markets finishing the quarter strong today the tech heavy nasdaq leading the surge up nearly 17% for the quarter. the s&p jumping 17%, and the dow attempting a turnaround, bounce back from its october lows positive territory by a third of a percent for the year so far. it was, as you probably know, a rough march for banks. the svb collapse sent shock waves through the entire sector. the kre regional bank etf notching its second worst month on record. and the kbe locking in its fourth worst month ever. the volatility comes as we gear up for money center banks to kick off earnings. mike, you're focusing on those what can you tell us >> we

in for melissa lee, i'm tyler matheson welcome, everybody this is "fast money. on the desk tonight, tim seymour, guy adami, jeff mills steve grasso joins us from his estate somewhere in west chester, the baa ron is up there. markets closing out the first quarter near their high of the session. the nasdaq jumping 1.7% to mark its first quarter since june of 2020 the s&p 500 up 7%. even with the do you with its gains clawed its way back up in the green, 415 points. take a look at what is leading the charge it would be technology, communications services, and consumer discretionary sectors, all up more than 15% so far this year on the no so bright side, you probably knew this -- the financials, worst group in the s&p 500 in 2023. the regional bank index putting in its second worst month on record but there's one reason to be hopeful as we get ready to kick off april. we're about to enter what has historically been the best month of the year for the dow according to the stock traders almanac. rising 2% during the month after all the action we've already seen this ye

let's get to tyler matheson. tyler. >> first repuckblic is one of te regional bank stocks in the wake of sill copicon valley bank and signature bank and it is down 65%. its executive chairman tells us the bank has been able to meet withdrawal demands with the help of additional funding with j.p. morgan and it is operating, so he says, as usual. >>> the billionaire investor bill ackman tweeted regional bank stocks are an incredible bargain now although not without, quote, real risk as long as the government keeps backing all deposit ands he is confident it will. >>> charles schwab is bouncing back and erasing most of the 23% drop it had this morn after it issued two statements on the strength of its financials saying its longstanding reputation is a safe port in a storm remains intact those shares, though, are still down around 11%. kelly, back to you. >> i'll see you soon, tyler, as we pick up that coverage still ahead as traders look to capitalize on the volatility, is big tech now looking like the safety trade i

. >>> let's he@f over to tyler matheson. >> sad news.ts from preschool through the sixth grade. >> remains of twow3 more victim have been discovered in connection with friday's chocolate fastry explosion inw3 pennsylvania. the death toll now seven. the cause of the explosion not known. the factory was owned by r.m. palmer company which makesñr several chocolate products includingt(ibunnies. and prime minister benjamin netanyahu has agreed to pause his controversial plan to overhaul the country'st( judici system until the next parliament session kicks off ne0ta month. this news comesçó after mass protests and a strike broke out in response to theÑi controversl plan. critics say thexd proposal woul threaten theçó independence of % supreme court and limit judges'd powers. >>xd i'll see you soon. >>> uninsured deposits after thp fallout (rom svb. geldman says they'll continue to do so and we'll hearfá exactlyqw and why next. throughout the month of march, celebrating women'szv■q heritag sharing women in business and those of our teammates an

let's get to tyler matheson for the cnbc news update. >> i'll have my hoodie ready for that one, kellyesident biden has vetoed a bill for the first time in his presidency within the last hour he tweeted that he is rejecting a gop-sponsored measure that would prohibit retirement plan managers from considering social equity and corporate governance factors. biden says excluding them would put americans' retirement savings at risk. >>> a new york federal judge says today the u.s. virgin islands can proceed with a lawsuit against jp morgan chase with jeffrey epstein jamie dimon, quote, knew in 2008 that his billionaire client was a sex trafficker, an accusation the bank denies. >>> and usaid worker jeffrey woodke and olivia dubois have been released in niger after being held by militants. back to you. >>> the collapse of silicon valley bank, how could the 16th biggest bank go under so quickly? there were red flags as far back as 2016. guto wrelarsere aware of them and greg zuckerman joins us with the details next fresh, warm hot dogs, straight out of my torso! one for you, one for you. oh,