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CNBC's "Fast Money"

One of the Market’s Biggest Bulls Just Got More Bullish

CNBC's "Fast Money"

CNBC

Business, Investing, News

4.31.2K Ratings

🗓️ 30 June 2021

⏱️ 44 minutes

🧾️ Download transcript

Summary

Fundstrat’s Tom Lee upped his price target on the S&P to 4,600 for year-end, matching the Street high estimate and implying 7% upside from here. Plus retail traders reported comprise 10% of the current market, down from what many estimates have been. Former Nasdaq CEO Bob Greifeld joins to give us his take on the market dynamics.

Transcript

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0:00.0

Right now, the life of the

0:03.1

Nasak market site overlooking

0:04.4

New York City Times Square.

0:05.6

This is fast money.

0:06.8

I'm Melissa Lee,

0:07.4

tonight's trader line of Tim Seymour,

0:08.9

Steve Grasso, Pete Najarian,

0:10.2

and Guy Adami.

0:11.3

Tonight on fast,

0:12.3

we're all over the after-resaction.

0:13.7

She has a micron,

0:14.5

the chipmaker on the move on the back of earnings.

0:16.9

The company's call is now underway.

0:18.9

We'll bring you the trade on this chip stock straight ahead.

0:21.2

Plus pumping the brakes on D.D.

0:23.2

the stock skidding in its market debut to close well off the high.

0:26.8

So is this ride-hailing stock worth the trip?

0:29.2

And later, we're shining a bright light on dark pools

0:31.4

and off-exchange trading.

0:32.9

Are they really putting retail investors at a disadvantage?

0:36.0

Former Nasak CEO and chairman of Vertu Financial,

0:38.8

Bob Wryfeld will join us to break it all down.

...

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