Years ago. But today every s p sector finished solid in the green. And also more big moves in bounds ten year treasury hitting its lowest level at 1. 03 , it did bound bounce back, but yields are still down 40 this year simply incredible day all around and the trillion dollar question that we ask tonight, very simple one, should you put your faith and your money in the rally that we had today welcome to fast money, im Brian Sullivan thanks for joining us. Your traders are at the desk guy, kick us off because we have this rally truly incredible. Ended on our highs are you a buyer . Remarkable, right im not going to pretend to say i saw this coming or any percentage of this coming today. But what we talked about on friday and i know it because it was only a few days ago, wechd you can take some sole police in todays action on the fact that couple things happened the market has bottomed on days where the vix has traded somewhere between 35 and 40. We got that in spades on friday. And we a
And you do 1 million a year . You should be proud of that. Man but we dont know how to keep any of it. Lemonis . Fix the process. You see . It is flimsy. Dont ever make these again. You dont sell them. And create a few products. Juli it reduces anxiety and depression. Lemonis i kind of like it. I spent countless days working on these companies. How much money did you burn through . Parker 650,000. Lemonis but we cant always fit everything im thinking into the show. So tonight im giving you an inside look at an episode from season 3. Alexa hey lemonis . 240 sweet. Over the next hour, im gonna take you behind the scenes to find out how a sweet Marshmallow Company in indiana. Alexa good morning have you had our marshmallows before . Lemonis you seem friendly now . With headstrong owners. Sam cindy, do you need a job . Lemonis sam, this is a good example of aggressiveness. My radar was already up on sam. Ended on a very sour note. You said it. Everybody is not perfect. Sam i dont want to d
279 points looking at the treadsrys the 10year is at 0. 77 . That is nuts especially when you start to look at where we were a handful of months when people were talking about a 3 as rates go down cheaper this is such a panic move. Is it forecasting a Global Movement the problem is that everyone was worried that stocks were overvalued the problem is there is no way of gauging what the effects are. Everyone at this desk could have started throwing stocks at the wall people are going for safety and quality. These are panic moves im not sure it is unwarranted people will sell off first and panic later. Theyll say im looking out for a year or two or three thats probably what well reassure now can stocks bounce off the previous lows of 12 i think the market has to recalibrate to digest the lower yield and the market sitting across the table, stocks dont often bottom on a friday but the fact that everyone thought they werent going to bottom is the chance that they werent going to bottom. Bef
Week for the nasdaq. That is the first time youll see stocks down for the major averages in three weeks. This morning, we are still near alltime highs for both the s p 500 and the nasdaq looking at the treasury market, right now, 10year at 1. 486 some additional pressure concerns about Global Growth and what it will mean for the economy. S p was out saying for the year, you could see chinese growth at 4. 4 for the full year that concern if they see a peak to the virus in march. All these new highs and goldman talking potential correction i can see how the case could be made right now is there anything more than a possible Global Pandemic i think about it it is hard to buy any stock that wouldnt be impacted by a bad outcome in this. Right people assume it will be a vshaped recovery and that it will happen sooner rather than later. With coronavirus. After it going away. But we dont know if it goes away and we still dont know what kind of numbers we are getting. It appears it is slowing a
Courscourse jim cramer right now the stock market and the bond market are like two heavy weight champions duking it out. And todays stocks had a very good round dow surging 1,173 points, the s p 500 skyrocketing, the nasdaq soaring 3. 85 . Hallelujah. Who are these two boxers . In one corner you had a stock market that had gotten viciously oversold thanks to the coronavirus outbreak and wall streets existential fear of a Bernie Sanders presidency. In the other corner, well, youve got the bond market specifically u. S. Treasuries every time they go up in price, we go down in yield. Lately their yields have been plummeting sending chill through the spine of all investors who follow both markets. Now this is a vicious and i will tell you somewhat scary for us, but bond yields so frightening low theyve been decking the much smaller stock market, as surely as muhammad ali sent so many challengers to the canvas the bond markets still screaming that were not out of the woods, that were being