A Major Friday Fade, and a Stock Move Not Seen Since the 70s 10/7/22

CNBC's "Fast Money"

CNBC

Investing, News, Business

3.9 • 1.3K Ratings

🗓️ 7 October 2022

⏱️ 22 minutes

🔗️ Recording | iTunes | RSS

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Summary

Stocks dropping into the close with the Nasdaq nearly erasing all of its gains for the week. So how are markets set up as we head into earnings season? Plus one stock bucked the trend this week and soared more than 15%, nearly clocking in its best week since 1974. We’ll tell you what it is and how to play it. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Transcript

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0:00.0	right now in fast a major Friday
0:02.0	fade as markets sell off into the
0:04.0	close a strong jobs report fueling
0:06.0	fears the fed will have to keep its
0:07.0	foot on the rate hiking pedal tech
0:09.0	taking the brunt of the slide semis
0:11.0	bang fintech all getting crushed
0:12.0	today will debate all that plus
0:14.0	earning season kicks off next week
0:16.0	from banks to airlines to health
0:17.0	care will ask the traders what's
0:18.0	the one name they're watching ahead
0:20.0	of the reports and later our chart
0:22.0	of the week this one's got us in a
0:23.0	disco seventies kind of mood
0:25.0	it hasn't pumped these kinds of
0:27.0	profits in five days of trading
0:29.0	since fredo
0:31.0	mo green and maca corleone
0:33.0	making their bones in the business
0:35.0	I'm a list of the this is fast
0:37.0	money we're live at the nasa
	...

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