U. S. Futures, bond futures are lower. Youll see what is happening across the bond space. Another day of yields melting higher. We could see a 12 week in the last 14 of bond pain. Yvonne we are set for three years of losses. David the 40 bit on the 60 40. Rishaad is it 60 bonds now . David 100 loss is the joke. This is the pain point. Rishaad the 10 month highs. 91 books. It seems we have a clear path to 100. It is going to be key. The Saudi Energy Ministers talking in calgary later on to their talking about ned zero. Saudi arabia, ned zero. Net zero. Russia also involved in this. Commodities elsewhere also in the fray. We look at what is going on. Rising iron ore. Is it hope, expectation or reality . We are seeing signs of china stabilizing. Is that what is the driver . Yvonne is it going to break this disinflationary trend we are seeing across the world is one key question Central Banks are going to have to talk about. The fed, they are not going to do anything. The pause is all but
Now. Brent down more than 1 . Natural gas up slightly. Mr. Wonderful and mrs. Wonderful. Are we allowed to say that youre not together, but thats were you watching before yes, i thoughtthat was a great tease. Kayla is mrs. Wonderful. Shes terrific kevins the original. Maybe im lower case w. Weve got a lot of news to talk about this morning. Geely auto has bought an 8 stake in volvo also giving gely the rights. Gely also owns the truck maker volvo started to do much better. Are you guys volvo fans . Ely als. Volvo started to do much better. Are you guys volvo fans . So i always had a volvo growing up im a fan. Kevin, i can tell youre not volvo. Im getting to the place where i think all auto manufacturers are going to make rail cars in 20 years. Because autonomous driving whether its for individuals, trucking, the brand wont matter as much. You dont even know the name of the company that makes all the rail cars. Its a huge company but nobody cares. But you know so tell us i dont know, ac
Take a look at some of the individual nasdaq winners year to date. Align technology, taketwo interactive, vertex, wynn resorts, micron. You stick with whats working. For most of those names, yes. They show growth if they can continue to show that growth absolutely most of these names fundamentally, when you look at, for instance, micron, i dont know whether or not its certainly a buy or not today, this moment, but when you look at this after it broke through 32. 5 it went straight up towards 50 i mean almost every single day yet when you look at the valuation and the Growth Prospects of this company, theyre still very, very compelling so i think there are plenty of opportunities out there, even in some of these names. Now, wynn, i love that name, absolutely love that name. And you love steve wynn. I sure do, you know why, because he led the way he was buying his own stock at 53 all the way up to 100 but can it hold up at these valuations at 170 a share im not so sure. Well talk to the
Yesterdays record drop played out. This is a time lapse video of what happened with the dow down 200, down 300, down 400 as you got closer to the end of the day, down 1600 points almost at one point by the end of the session, 1,175 point decline. Decline of 4. 6 . This is the biggest point drop in history add it up, the dow traveled 5100 points yesterday down 4. 6 does not rank in the top 12 or 15 declines weve ever seen the biggest decline was october of 1987, a 22 decline this was enough to get peoples attention. The dow and s p lost more than a third of their 2017 gains just during the last two sessions if you were wondering what else was going on behind the scenes, volatility this was the big story volatility is back yesterday we were talking at this time about volatility being up at 17 that was a big deal. By the end of the session it was above 35 for a gain of 115 . This morning you see volatility up once again, another 14 this morning, 4262. Mike santoli, this is something that
Bitcoin extending its bid slight, falling to around threemonth lows, below 7,000. Broadcom is higher, rising its takeover to 82 a share, but qualcomm shares falling after a Research Note says apple may drop the company in favor of intel for its next generation of iphones. Michelle will join us in a couple minutes its fast money trader guy adami, who will be with us for the entire show, but well begin, as we obvious do, where the action is, with bob pisani. Hello, tyler, quite a yoyo of a day traders are trying to figure out the bottom where to look for it in a market bottom first. Sellers are exhausteds, you want to see the selling stop and then if buyers have some kind of interest i would say right now were in an indeterminate moment. They tried to rally, but there really wasnt enough buying interest and then we drop below the low of the day, and then saw volume pickups for most of the etfs that are out there. Now i think you see a small attempt to rally, and then move back down here