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CNBC's "Fast Money"

Fast Money 05/18/20

CNBC's "Fast Money"

CNBC

Business, Investing, News

4.31.2K Ratings

🗓️ 18 May 2020

⏱️ 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. I'm Melissa Lee tonight's trader

0:03.7

of Gaiadami, Tim Seymour, Brian Kelly and Dan Nathan coming up on Fast

0:07.8

follow the yellow brick road that is the message from the Chartmaster why Carter

0:11.8

Worth is betting on bullying

0:13.1

following today's big rally. Plus payment problems the analyst called

0:16.8

its own square tumbling today and later.

0:20.3

One more big uptick I don't even know what's doing it give it give it

0:25.1

give it bad

0:27.0

We've got a major trade update from Fast Money friend Barstles

0:31.2

sports founder Dave Portnoy aka Dave Davey Day Trader, he will join us straight ahead.

0:36.4

But first, we start off at the big market rally that kicked off the week, the S&B posting

0:40.3

its highest close, in over two months, to Dow up almost 4% its biggest

0:44.0

gain since the start of April the Nasak now at 3% in 2020 just 6% away from

0:49.5

its all-time high a far cry from where we were just a few weeks ago but do you believe in this

0:55.0

rally guy?

0:56.0

Well, hi Mel.

0:59.8

Hi, Guy. How you doing? So, I mean, no, you know. guy.

1:03.0

So, I mean, no, you know the answer that with me. I don't believe it at all.

1:07.0

But, you know, I've also been wrong now for the last couple of weeks and this move from 2,800 to current levels has me scratched in my head.

1:13.9

And you know, again, kudos to Tim, who has said consistently

1:16.9

that the pain trade is higher.

1:18.7

But, you know, I think not only was, you know,

...

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