Best money starts right now live from the NASDAQ market site overlooking New York

City's Times Square.

I'm Melissa Lear.

Traders on the desk are Pete Nijerry and Steve Grosso, Karen

Feiderman and Tim Seymour tonight on Fast.

Tom Lee shocking the crypto world with some bearish comments on

cn't be see earlier today but the bit coin megabull says reports of his

bearishness are exaggerated he still sees bit coin going to the moon He'll be here to set the record straight.

Plus Tesla, skidding into bare market territory a CEO Elon Musk goes on yet another

Twitter rant are the shorts getting the best of Musk. We've got the details and later subscription-based stocks are soaring and we're not just talking Netflix here.

We'll tell you which stocks the traders say have more room to run on this fast-scoring trend.

But first we start off with the rally today.

Stocks surging into the close, the Adow, S&P and Nazak all closing near the highs of the day.

But despite the rally, there was a distinct defensive bent to the action today

in the last few weeks in fact check out the move

in utilities staples reats and telecom all surging in the past month and a number of

left-for-dead food stocks going crazy today as we head into the Trade Wars a hiking fed and

potential global slowdown is defense your best offense. Pete Nigerian what do you

say? You know I've never liked it I've never subscribed to that whole idea I thought you played defense

here I did play defense I was a middle linebacker so that's a hundred percent true okay no

but you know what I don't like the idea of if there are better reasons than just

defensive reasons to go to a

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