Tonight on Fast, we're on the verge of earning season kicking off.

Our traders are primed, ready to tackle the big reports, find out which names they are betting on

heading into next week. Plus the chips get checked, the semi is pulling back after finishing off

last year at record highs. So where is this trade headed from here? The chartmaster will lay it out

for us and trouble brewing for Starbucks. It's not just a falling stock price, it has one of our

traders' generate today, we will explain. This is Fast Money, I'm Tyler Matheson in

tonight, for Melissa Lee. Tonight's Trader lineup, Tim Seymour, Steve Grasso who lost the

Woodsy plaid shirt from yesterday. The Woodsmann of Westchester is now wearing whites,

Nadine Turman, welcome and Pete Najarian, co-founder of MarketRebellion.com.

Ladies and gentlemen, thanks very much. We start with our chart of the week and that would be none

other than the 10-year yield breaking out in a big way to start the year. It's up a quarter

of a percentage point, 25 basis points in just the past five days, touching its highest level

in roughly two years. That is the most sort of rising start to the year we've seen in many a year.

So what comes next? We headed to 2% or back down to 1.5%. Tim, what do you think?

Well first of all, to start in the year, Tyler, I've just had one of my new years wishes come

through, which is that Tyler hosts the show at least once in 2020. It's been a while. It's been

an exciting day for us all. It's too long and maybe they're going to tag you for that new year's

show again, you know. So look, let's get back to the 10-year. I think it's a case where 30% and

13 sessions were through those march highs. There's a sense here that some of this really is about

new Fed guidance a little bit more that we got from the Fed minutes on Wednesday. And you know,

without getting to, as we say, wonky on the show, because we try to keep it relatively straight

forward, real yields this week actually have fallen about 25 basis points, which is some sense that

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