4.3 • 1.2K Ratings
🗓️ 21 May 2020
⏱️ 46 minutes
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0:00.0 | Fast Monday starts for right now. I'm Melissa Lee tonight's trader |
0:03.8 | up Guy Dami Tim Seymour Steve Grasso and Karen Finerman coming up on Fast |
0:07.7 | a roller coaster rally one theme park operator just announcing major plans to get back to business within days how you |
0:15.3 | can ride on this reopening play plus a social stock stand at what's on shares |
0:19.7 | of Facebook to another all-time high and later check out this image. We will tell you all |
0:24.8 | about the big game of chicken that is breaking out in China. But first, what is |
0:30.0 | the real read on retail? The group holding strong as we wrap up a major week of earnings, |
0:35.2 | but we got some news today that could dash hopes of any robust retail rebound. Another 2.4 |
0:40.8 | million Americans filing for unemployment last week. |
0:43.3 | And while we all knew that the number would be awful, |
0:47.3 | it may not be telling the whole story. |
0:48.7 | The total claims exclude hundreds of thousands |
0:51.0 | of self-employed and gig economy workers as well. |
0:53.3 | So with millions of Americans, millions of consumers out of work, which retailers are best positioned |
1:00.2 | for this road ahead? Guy. |
1:01.8 | Hi, Mel. |
1:05.0 | Hi, Guy. |
1:06.0 | I feel it necessary to say hi because I don't see you. |
1:11.0 | So if I were there I wouldn't have to because it'd be obvious but so which |
1:13.8 | retailers are best suited in this environment that's a great question something we've |
1:17.0 | talked about I know Steve will talk about Costco correctly so |
1:20.5 | uh... karen has some thoughts on t. j max but the one I keep coming back to is Dollar General |
... |
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