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CNBC's "Fast Money"

Fast Money 03/23/18

CNBC's "Fast Money"

CNBC

Business, Investing, News

4.31.2K Ratings

🗓️ 23 March 2018

⏱️ 23 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

Fast money starts right now.

0:03.0

Live from the Nasak market site overlooking New York City's Times Square.

0:06.0

I'm Melissa Lee.

0:07.0

Traders on the desk for Tim Seymour, David Seabrocks, Steve Grosso, and Diadami.

0:10.0

Tonight on Fast, the high-flying semi-stocks getting crushed this week and one

0:14.2

trader says there's still more pain to come. He'll tell us why he's so worried.

0:18.0

Plus it's the rise of the All Coins, the co-founder and chief technology officer

0:21.8

at Stellar will be here to tell us how he plans

0:24.3

on becoming Wall Street's favorite coin.

0:26.8

But first we start off with the major sell-off on the street.

0:29.7

The Dow taking more than 400 points today selling off into the clothes now firmly in

0:34.8

correction territory and that's after what had been a wild week Monday kicking off

0:39.2

the week dropping more than 300 points we saw small bounce back, but then yesterday the Dow dropped

0:43.9

to stunning 700 points and followed that big move lower today.

0:48.1

That's good for a total of about 1,400 points on the Dow.

0:51.5

That is the second worst week on a point basis for the Dow ever.

0:55.0

Second only to a week in October 2008. So is the worst yet to come for this market and with stocks near correction

1:01.2

territory is the worst still to come.

1:04.0

Well my instincts say the worst is still to come but I'll say this last night Steve

1:07.7

Grassell on this very show at about 535 if you recall Mel he sacheed over

1:12.0

what do we call it thing now the plasma he did that

1:14.7

it's not a new name but he pointed out an extraordinarily important level in the

...

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