meta_pixel
Tapesearch Logo
CNBC's "Fast Money"

What the Rate Rally Means for Markets, and the Traders Get Ready for the Busiest Week of Earnings Season

CNBC's "Fast Money"

CNBC

Business, Investing, News

4.31.2K Ratings

🗓️ 23 October 2020

⏱️ 22 minutes

🧾️ Download transcript

Summary

10-year yields touched their highest level in four months on Friday. The Chart Master joins to break down where rates are going from here. And with all the big tech names getting ready to report earnings, the trades give their picks for the names that will shine.

Transcript

Click on a timestamp to play from that location

0:00.0

I'm Melissa Lee and this is Fast Money.

0:03.6

Tonight's Trader-Lina, Victoria Fernandez, Delano Sapporo, Jeff Mills and Steve Grasso,

0:07.7

tonight on Fast, The Great Rarating.

0:10.0

Three stocks with three big pieces of news this week that sent shares higher so do they deserve a

0:14.8

second look we got the name straight ahead plus the big news on the vaccine

0:18.2

front that have shares of j and j popping in the after-hour session later we are

0:22.1

having some Friday fun with a good

0:23.7

old-fashioned game of trade it or fade as the key names that need to be on your radar as

0:27.6

we head into a monster week for earnings. We start off with a big bond to breakout if you

0:32.0

haven't been paying attention,

0:33.5

yields went wild this week.

0:34.9

The yield on the 10-year Treasury

0:36.4

hitting a four-month high.

0:37.6

The Chartmaster called this rally earlier this week.

0:40.7

And now he says it's got more room to run. Cornerstone macros. Carter Braxton

0:44.3

Worth is charting the action.

0:45.6

Hey Carter.

0:47.0

Hi, well it was a big week for rates and obviously there are areas of the market that benefit from that and of course most notably

0:56.4

banks and other financials but let's look at a handful of charts the first I have here is the 10-year yield chart with a 150-day moving average.

1:06.0

And what you see simply is that for the first time in almost two years, the moving average is flat and on the

1:11.4

cusp of turning up. The point of using a moving average is flat and on the cusp of turning up. The point of using a moving average

1:15.1

just like drawing trend lines when you break above a trend or you can measure it and a moving

...

Transcript will be available on the free plan in -1615 days. Upgrade to see the full transcript now.

Disclaimer: The podcast and artwork embedded on this page are from CNBC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of CNBC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2025.