I'm Melissa Lee, and this is Fast Money.

Tonight's Trader lineup, Guy Dommi, Tim Seymour, Brian Kelly.

We'll join us shortly in James McDonald tonight on Fast.

We've got earnings alerts on Nordstrom, told brothers in Zscaler.

All three stocks on the move right now and results will dive into the act of our

action straight ahead.

Plus, Ford yearning up for a big investor day tomorrow.

The stock has been on an absolute tear this year.

The three key things Ford investors need to watch heading tomorrow's event.

And later, we are trading the chips, how the desk is setting up for Nvidia, going into

earnings.

But we start off with a sugar high in housing, home sales pulling back in April.

But because prices are so hot, the median price for a new home soaring 20% last month,

that is the biggest annual increase in 33 years, and it's not just new homes.

The red hot housing market reinforced today by the case, Schiller index showing a 13% gain

in all home prices nationwide.

Strong demand, short supply, historically low mortgage rates, all driving prices higher.

And check out the move in the builders today.

Names like told brothers, DR Horton, Linar, Pulted Group, all moving higher during this

session.

So, is this sugar high going to turn into a sugar crash?

Tim, weigh in.

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