A Turning Point in the Fight Against COVID, But Are There Challenges Ahead?

CNBC's "Fast Money"

CNBC

Business, Investing, News

4.3 • 1.2K Ratings

🗓️ 14 December 2020

⏱️ 47 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

The first coronavirus vaccines are rolling out across the country, but a rising death toll and the threat of more lockdowns kept the reopening trade in check today. Are we in for a rough ride for markets over the next few months. Plus we’re on the frontlines with a look at the particular difficulties in getting the vaccines out to those who need them.

Transcript

Click on a timestamp to play from that location

0:00.0	I'm Melissa Lee and this is Fast Monday tonight's trader line up Guy Dami Tim Seymour Dan Nathan and Karen Finerman
0:06.5	tonight on Fast we are live on the front lines of the vaccine rollout FedEx and UPS critical to
0:11.4	shipping the shots we'll break down how you can play these names straight ahead.
0:15.0	Plus, double down on the doubles.
0:17.0	Four stops are up more than 100% from the March bottom.
0:20.0	Should just stick with them or fade the big bounce
0:22.0	and later, how about a side of fries with that.
0:24.3	McDonald's chair is sizzling today. Is this a golden opportunity to bet on the golden arches?
0:29.1	We are going to be digging in, but we start off with a major turning point in the fight against the
0:33.4	coronavirus happening now the first batches of vaccines are reaching
0:37.0	front-line health care workers across the US. Cities and towns at the ready
0:41.3	to receive and deploy the new shots. But the historic
0:44.2	well outcomes as America hits another grim milestone. US deaths passing 300,000
0:49.9	hospitalizations continuing to rise. New York City's mayor out with a major warning today
0:54.5	that the city should prepare for the possibility
0:57.0	for another full shutdown in Boston,
0:59.8	just announcing a few hours ago that it is closing gyms and museums. The news
1:03.8	giving a bit to the stay-at-home trade, the Nasak out performing the broader
1:06.7	market. Check out this chart. As a vaccine rollout gets underway, Goldman Sachs
1:11.0	estimating that a majority of Americans will not be inoculated
1:15.1	until Q2 of next year.
1:17.5	So as of today, help is literally on the way, but is there still a rough road ahead for investors before we reach
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from CNBC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of CNBC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.