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CNBC's "Fast Money"

Fast Money 03/05/18

CNBC's "Fast Money"

CNBC

Business, Investing, News

4.31.2K Ratings

🗓️ 5 March 2018

⏱️ 45 minutes

🧾️ Download transcript

Summary

Listen To Our Traders Take You Behind the Money...How To Play the Volatility...Pops and Drops: The Movers You Missed.

Transcript

Click on a timestamp to play from that location

0:00.0

All right now live from the NASDAQ market site overlooking New York Times Square.

0:06.4

I'm Scott Wopner in tonight for Melissa Lee are traders on the desk.

0:10.6

Our Tim Seymour, Karen Finerman, David Seaberg and Steve Grasso tonight on Fast,

0:15.2

Bitcoin breaking out, sorting 40% in the last month, but there's another

0:20.0

cryptocurrency that everyone is talking about right now will tell you what it is

0:23.5

and what has everyone so excited. Plus one of the biggest and most

0:27.2

controversial media voices on the street, Rich Greenfield is here and he says get this Disney can beat Netflix at its own game

0:35.1

if it does just one thing they'll tell us what that one thing is but first we

0:40.0

start with what else the markets and your mission should you choose to accept it,

0:44.2

buy stocks in the face of rising rates, a potential trade war, and a number of major

0:49.6

global indices in correction.

0:51.9

And that is exactly what investors did today. The Dow

0:54.6

closing up more than 300 points after being down as much as 150. The S&P and

0:59.4

Nasdaq also higher by a percent. So what has changed since last week? Tim we begin with you.

1:05.7

Well Scott welcome and I think obviously the tone today was lessened by saying

1:09.1

that there's you know possibilities that this is a negotiation ploy etc art of the deal whatever you

1:13.7

want it the interesting thing again two days in a row markets rally when rates

1:17.7

start to rally and yet the anxiety that we were feeling before that was all

1:21.0

about rates so if you look at the stocks that have

1:23.2

really been outperforming though it's the ones that are you know arguably more

1:27.0

immune to interest rate pressure so look at the semis you see Intel you see the

1:31.1

SMH all near essentially all time highs and then you see you know some of the banks back to you know big day for financials with rates and I think those are places you stay Scott

...

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