A Seven-Week Win Streak for Markets, and Could Nvidia Actually Be a Bargain in the Semi Space? 12/15/23

CNBC's "Fast Money"

CNBC

News, Investing, Business

3.9 • 1.3K Ratings

🗓️ 15 December 2023

⏱️ 45 minutes

🔗️ Recording | iTunes | RSS

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Summary

Stocks closed out a strong week on Wall Street with the Dow notching a third straight record close. Can the momentum continue into the year end? Plus Nvidia shares may be close to a record, and up more than 230% this year, but one top analyst says there’s even more room to run. We lay out the case tonight. Fast Money Disclaimer

Transcript

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0:00.0	Live from the NASDAQ market site in the heart of New York City's Times Square.
0:05.0	This is fast money. Here's what's on tap tonight.
0:08.0	Wall streaking the Dow NAFDAQ at S&P all riding, seven Week, Heaters into the Weekend.
0:13.4	This week, nearly 20% of the S&P hit 52-week eyes.
0:16.7	The tenure now has a three handle on it,
0:18.8	and the Vicks at one point drop below 12.
0:21.2	Can the good vibes last? We'll debate that. Plus, options action. FedEx has
0:24.8	been delivering big returns of late ahead of earnings. Can it still be a stocking stuffer
0:29.4	for your portfolio? We'll go inside the numbers. And later are traders set to take the wraps off
0:34.2	their charts of the week from burgers to builders to banks and beyond the
0:38.1	reveals and the reasons behind their calls. I'm Melissa Lee coming to you live
0:41.6	from Studio B. at the NASDAQ on the desk tonight.
0:44.0	Tim Seymour, Courtney Garcia, welcome back.
0:46.0	Bonne Eisen and Steve Grazer.
0:49.0	I almost renamed you.
0:50.0	Steve Iosin.
0:51.0	And we start with a historic week for markets.
0:53.5	While the major averages were muted today, the Dow managed to notch a record
0:56.8	closed for the third straight session.
0:58.5	It is up 15% from its October lows.
1:01.6	While the NASDAQ is up nearly 18 percent, all three
1:04.7	indices closing out their seventh straight week of gains.
	...

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