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CNBC's "Fast Money"

Fast Money 05/03/18

CNBC's "Fast Money"

CNBC

Business, Investing, News

4.31.2K Ratings

🗓️ 3 May 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

Fast money starts right now.

0:02.8

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

0:06.0

I'm Melissa Lear.

0:07.0

Trainers on the desk for Pete Nigeri and Tim Seymour, Steve Gasso, and Guyadami.

0:10.3

Tonight on Fast Goldman Sachs jumping on the Bitcoin bandwagon going full crypto.

0:15.0

The first of the traditional big banks to win to join the craze and Spencer Bogart of

0:19.2

blockchain capital, a top crypto hedge fund says this is just the beginning of Wall Street

0:24.2

embracing the crypto universe. He'll be here to tell us what it all means. Plus

0:28.1

Tesla CEO Elon Musk going nuts on the company's earnings call last night

0:32.4

and shareholders are paying the price.

0:34.8

Jim Kramer will tell us the one thing Elon Musk must do to win back Wall Street.

0:39.5

But first we start off with stocks staging a major comeback at the lows of the day.

0:43.4

The Dow was down nearly 400 points, but then reversed midday, ending just slightly

0:47.6

higher as investors seemed to shrug off worries over the Fed in China.

0:51.5

But tomorrow brings the real test and it could be a

0:53.9

jobs doomsday. Both the strong or weak jobs report could cause pain on Wall Street.

0:59.0

Fast Money fans will recall that back in February strong wage growth in that jobs report is really what

1:04.3

sparked all the selling we've seen so far this year so is the market in a no-win

1:08.3

situation and when do you know if it's safe to buy stocks again?

1:12.8

Guy.

1:13.8

Lots unravel there, Mel, but let me put it this way.

1:15.4

I think the market isn't a potential win situation

...

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