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CNBC's "Fast Money"

Fast Money 06/07/18

CNBC's "Fast Money"

CNBC

Business, Investing, News

4.31.2K Ratings

🗓️ 7 June 2018

⏱️ 44 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 in the Nazac Market site overlooking New York City's Times Square.

0:06.0

I'm Melissa Lear.

0:07.0

Traders on the desk are Pete Nigerian, Tim Seymour, David Seaberg and Guyadami.

0:11.0

Tonight on Fast is Bitcoin finally growing up?

0:14.2

There is one major sign that's reaching adulthood and the top technician says it's a bullish

0:18.1

signal for the crypto universe.

0:20.1

He will explain.

0:21.1

Plus Jamie Diamond and Warren Buffett teeming up calling for a big

0:24.4

change for Wall Street but one of our traders says it would be a quote disaster for

0:28.6

companies we've got the details but first we start off with the Brazilian

0:32.2

bombshell check out the Brazilian bombshell.

0:33.0

Check out the Brazil E.T. at the E.W.Z.

0:35.0

Getting crushed down about 5% at one point down as much as 8%

0:40.0

as the country deals with economic turmoil ahead of its elections and here's why this matters for your money.

0:45.6

Check out this chart over the past year of the U.S. and emerging markets of which Brazil of course is a big part

0:51.2

have moved in tandem but in the last three months since the

0:54.0

U.S. has stayed strong emerging markets have gone through a bit of a

0:56.7

tectonic shift falling. So is a drama in Brazil fears of contagion for the

1:01.3

rest of the emerging world becoming the next big threat for US stocks.

1:05.2

We turn tonight to the ambassador first.

1:08.2

Hi, Mel.

...

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