4.3 • 1.2K Ratings
🗓️ 9 December 2020
⏱️ 44 minutes
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0:00.0 | I'm Melissa Lee and this is Fast Money. |
0:03.0 | Tonight's straighter lineup, Guy Dami, Tim Seymour, Pete Nigerian and Steve Grosso |
0:07.0 | Dashing through the snow, Dordash slaying slaying it in its public debut. |
0:10.0 | We're now awaiting pricing on Airbnb. |
0:12.0 | We will bring you the numbers as |
0:13.7 | soon as they cross plus Starbucks shares on the move in the after hours will tell you |
0:17.4 | what the company said about the future that gave this stock a jolt and later |
0:21.4 | hackers take aim fire eye dropping 12% the company hit with a highly |
0:26.3 | sophisticated attack by a foreign government so if a cybersecurity giant like |
0:30.7 | fire eye is vulnerable to hackers is anything safe. We'll bring you all the details. |
0:34.8 | But first we start off with tech taking a tumble. The Nasak calling nearly 2% for its worst day |
0:39.6 | since October 30th. The Nasak 100 ETF the queues breaking 11 straight days of |
0:45.6 | gains and just look at some of the big moves for big tech, Amazon and Apple |
0:49.5 | falling more than 2% so as today's weakness a healthy pullback or the beginning of something bigger. |
0:55.2 | Tim Seymour, I'll start off with you. |
0:57.0 | Well, was the pullback that we had on September 2nd, which was 14% and I don't know 8 or 9 sessions was that |
1:04.6 | healthy we came back to to set new highs so I none of this should be taken as an |
1:10.8 | alarm if you think about it semis were down 3%, yet are still up 4% over the last |
1:16.2 | five trading sessions. I think, you know, look, the Door-D-IPO and the AirB&B pricing kind of have this feel of ringing a bell of sorts, but I just think if you look, |
1:28.7 | look, if you saw the high momentum tech stocks and that includes Tesla, a Zoom, you know, a Peloton, you name it. |
1:36.2 | They were down significantly today and it just felt like it was a day to take a little momentum |
1:40.6 | off while everybody looked at, know what was really an absurd and |
... |
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