Fast Money something and later get ready for the having sounds like a horror film but it's not

everything you need to know about the major event that's about to take place in

the cryptocurrency world we start off tonight with that historic jobs report of

more than 20 million people put out of

work last month alone the worst monthly loss on record the markets rallied

anyway with the doubt ending higher nearly 2% and check that this out the Volatility index dropping below its

100 day moving average for the first time since February so on a day where we find

out the US economy just lost a mind-blowing 20 and a half billion jobs and unemployment skyrockets to

nearly 15 percent you'd think the stock market would be down but it didn't. So

Gaiadami what do you make of that?

One would think and one would be myself, absolutely.

You know, look, I definitely saw the move back to 2790 we talked about that for a while kudos to

Tim who's been you know I use the word all the time steadfast in his belief that the pain

trade is higher and here we are what do I make of it, I guess it is as simple as when liquidity is

slashing around, you know, don't fight these central banks, but I'll just

caution you, it's good that we'll be talking about Disney later because the

markets clearly in my favorite area of

Disneyland which is fantasy land and at 3393 when the S&P 500 made an all-time

high we were talking about a 21 and a half times multiple. That's assuming $160 worth of earnings.

If you give the market 1.30 now, which is also fantasy, the market's actually more expensive

today than it was at all time highs.

I think it's just something to think about as we head into the weekend, Melms.

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