Live from the Nazac Market's aid on a day where the S&P 500 closes at a record high.

This is fast money. Here's what's on tap tonight. Housing handout in tonight's state of the union,

President Biden will lay out a plan to help make housing more affordable,

tax credits, incentives, and a push to boost supply, the impact on the sector, and the challenge

this could present to the Fed.

Plus, the chips keep charging.

NVIDIA topping $900 a share today climbing another 3 plus

percent for the year it is up more than 85 percent. I can't keep this up right?

We'll debate that and later Netflix putting iron mic into

their sports ring another weedy move higher for novo Nordis

rivian all revved up after its big reveal I'm Melissa Lee coming to you a lot

from studio be at the NASDAQ on the desk tonight Tim Seymour Bono and Isen, Dan Nathan, and Guy Adami.

We start off with the countdown to the State of the Union.

President Biden expected to announce a slew of policy proposals at his address tonight on the agenda a

call to increase the minimum corporate tax rate to 28% and the rate for billionaires

to 25%. He's also looking to up taxes on share buybacks also a crackdown on junk fees on

everything from airlines to credit cards to health care as well as so-called

shrinkflation. But what really caught our attention,

a proposed $10,000 tax credit for first-time homebuyers

in an attempt to boost the housing market.

Could that actually heat up that market?

Let's bring in Diana Olik, who has been diving into this one.

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