A big upgrade. We will find out what makes it stick out in that big social media space. Plus, petes got a fast pitch on one medical device maker he says could be a home run. We will tell you what it is as he lays out the big case thats medical miracle mystery chart. In a special bonus hour of fast money at 6 00 p. M. Eastern time, we are taking your burning trading questions. Tweet us cbs fast money and you might get them answered here live on the show in the next hour we start with that monster rally on wall street today the s p up more than 1. 5 and the dow jumping over 400 points as you can see there the nasdaq also up nearly 2 leading those markets Higher Energy stocks, financialis and the small caps as well investors appearing hopeful a new deal for stimulus is town the pike markets still down significantly for the month. Does todays action give you a reason to perhaps be more optimistic and for that perhaps, guy, i will turn to you first. Welcome its always wonderful to have you
And Boston Scientific has had a wicked good run over the last three months, but mike is working on a safer way to play going into both the Jp Morgan Health care conference and earnings its time to risk less and make more options action starts now. Yes, it does and welcome or welcome back, everybody. So let us dive right in. Well talk about the payment stocks because most cashed in a lot of big gains last year check out shares of mastercard and visa led the pack up 58 and 40 respectively American Express and paypal did well square lagging a bit, still up 3 on the year carter says one of these names is about to ring in more money in the new year. Carter is going to break down the charts for you carter lets jump right in were looking at amex, the setup here is recent outperformance relative to other financials and proceeding underperformance. Its a onetwo more often than not. The table is very simple over the past six months, yes, what we know is that the bank index has done 13, 14. We kn
I dont think this that with rus the type of thing that people would benefit from that you know, the newest fleet of air bus, Something Like that but delta airlines, a name certainly we are watching. Of course check out our website. Options action, and you can check out the newsletter as well heres whats coming up next coming up, the Scientific Method to Boston Scientific ahead of the two Upcoming Events for the star plus, calling all options parents, grab your phone and tweet us your question if its nice well arns it on air when options action returns. For your worst sore throat pain, try Vicks Vapocool drops. Its not candy, its powerful relief. Ahhh vaporize sore throat pain with Vicks Vapocool drops and try new vapocool spray. Or here on a wifi hotspot. Lte Xfinity Mobile has more coverage to keep you connected to what matters most. Thats because its the only Wireless Network that automatically connects you to millions of secure wifi hotspots and the best lte everywhere else. Save up
3 after demand for the second half of the year is improving. Thats all investors needed to hear today check out the moves. Micron, best day in three years. Amd, all soaring, are they giving the market an all clear sign, guy . Welcome back, scott. Thank you, guy. We missed you last time we had brian we have you back. What would the show be like without that greeting. I dont think it gives the market the all clear the micron numbers were better than the street was anticipating b on revenue, steve knows this, 64 of the companys revenue down 45 year over year. So youre saying how does the stock rally off of that because this time last year, it was a 62 stock. It becomes a math problem. The rally today makes sense. We discussed it last night, but to think you have the all clear based on this, i think is foolish. I think youre having a relief rally, analysts will catch up. I think theres going to be another leg down over the next couple of weeks. The guy says youre way off the highs for name
Tonight. See if you recognize their names. Weve got the top Economic Issues that will be front and center and Dale Earnhardt jr. Joins us live power lunch starts right now. Stocks are up, after the session highs. The dow up 112 points earlier. Intel, apple, boeing fueling the gains now. There were reports that boeing is in talks to reimburse airlines after that 737 max grounding. Those planes still on the ground, kelly. Thanks. We are just a couple days away from the end of the second quarter. The s p racking up gains, but the gains are getting narrower and narrower bob pisani is on the floor at the nyse bob . The s p is up about 3 this quarter, but its been a super big cap rally. So just take a look. The s p, again, up 3 . The big caps only up. 4 small caps, look at this down for the quarter thats what i mean big cap rally. But the biggest of the big ones are the ones really pushing the markets around in this quarter so look here five stocks, microsoft, facebook, amazon, disney and ap