I'm Melissa Lee and this is Fast Money.

Tonight's trader line up, Guy Dami, Brian Kelly, Dan Nathan, and Bono and Eisen.

Tonight on Fast markets are rallying to start this week, the last week of the year with major

indices notching records at the close,

or are we at risk of seeing a bubble burst why one top market watcher says no.

Plus are the boom times over for the housing sector?

We'll take a look at the risks lurking in this red-hot trade come the new year.

And if FUBO flop, the froth coming out of this name in a big way, the headline that did it and

what it says about the speculative names that have seen some of the biggest surges this year and do not

forget there is a bonus hour of fast money coming up at 6 p.m. do you have questions on how to set up

your portfolio into the new year we want to them. So tweet us at CBC Fast Money

You May Just Got an answer live on the air, but first let's get to those market

highs coming after the president signed a relief bill into law giving a

last-minute lifeline to hard-hit Americans and narrowly

avoiding a government shutdown and as we count down the final days of the year we

wanted to take a look just a pause here a look back at the words that really

defined 2020 and the market action that we saw.

So Dan, we want to start off with you and I could probably guess what you're going to say.

But go ahead, what's your word well mine's an

acronym mel and it's magga it's Microsoft Apple Google and Amazon you know the

names here they're 40% of the NASDAQ 100 there's 7 trillion dollars in market cap and they basically ate the NASDAQ 100, $7 trillion in market cap, and they basically ate the NASDAQ this year.

You know, they're some of the biggest names, obviously Microsoft has a $2.3 trillion market cap.

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