Right now and fast and off the charts rally driven by massive drops and

bond yields here and around the world. Banks, builders, energy stocks and big

tech, tech charging higher, but is today's bear market bounce only happening

because a central bank buckled plus a potential biotech breakthrough

driving one stock up nearly 40% today carrying the entire sector along with it

will go inside BioGen's positive news on an Alzheimer's drug that in trials

has slowed the rate of cognitive decline in patients. And later, Apple alone

downed laggard on fears of a slowing iPhone demand, Netflix surges nearly 10%

and an ant spending upgrade in the bullish options action for Nike ahead of

earnings tomorrow. I'm Melissa Lee. This is fast money. We're live at the Nasak

market. I've done a gem pack test tonight. Literally. Dan Nathan, Karen

Feinerman, Courtney Garcia and Guy Adami. And we begin with one of the world's

largest central banks blinking the Bank of England, seeming to come to the

market's rescue today, saying it will start buying long-dated bonds to help

calm recent turmoil. Major indices closing near the day is highs after

breaching the year's lows just yesterday. The Nasak rising more than two

percent. S&P and Dow both ending six day losing streets and take

look the year yield on the 10 year after crossing above 4% for the first time

in over 12 years this morning rates fell by more than a quarter percent. The

biggest basis point drops in 2011. So if the B.O.E. blinked with a Fed is a

central bank put back. What was this rally all about, Guy?

How many hours in a day there, Melms? 24. So it was 24 hours ago that we sat

...