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CNBC's "Fast Money"

Fast Money 05/12/20

CNBC's "Fast Money"

CNBC

Business, Investing, News

4.31.2K Ratings

🗓️ 12 May 2020

⏱️ 46 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 Star, so right now I'm Melissa Lee, tonight's Trader lineup, Guy Dami, Tim Seymour, Steve Grosso, and Karen Feynon will appear in that box in just a moment, hopefully. Meantime, we've got the dire warning from Boeing CEO of the

0:15.5

sent to shockway through the entire airline industry plus the Fed entering

0:18.9

uncharted waters today how you can trade this unprecedented move and later hungry for a deal will tell you

0:24.6

what some shares of GrubHub soaring today. But we begin with a late day sell-off

0:28.9

taking stocks down all three major averages sliding hard into the close of Dow down

0:33.2

457 points.

0:35.3

S&P 500 down 2% NASDAQ snapping a seven day wind street.

0:39.9

So what's the take on the market action guy Adami made it in like under the wire your box

0:46.9

slid in there appear bam there you are sweet

0:51.3

hi melons hi guy Sweet. Hi Melms.

0:53.0

Hi, guys.

0:55.0

How are you?

0:57.0

So we talked about books we read in college last night.

1:00.0

This is going somewhere, by the way.

1:01.0

And last night I mentioned 100 years of solitude I had to

1:04.5

read the Moby Dick in college as well you might recall Herman Melville remember

1:09.1

that one yeah of course so it's about it's about 570 pages and that's one of those things that somebody like me you just sort of skim it but every once in a while you get to a page that seems important so you bookmark it you know what I'm talking about

1:24.0

somebody like you as the Highlighters no no I don't today is one of the days you want

1:28.8

a good sorry okay, fair enough.

1:33.0

Well, I would, I defiled.

1:34.0

But today's one of the days you want to bookmark, and it's for a number of reasons.

1:38.4

I have no idea why the market reversed today, but the market reversed today.

...

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