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CNBC's "Fast Money"

A year-end rally in the works? And how to play stocks ahead of earnings. 10/16/23

CNBC's "Fast Money"

CNBC

News, Investing, Business

3.91.3K Ratings

🗓️ 16 October 2023

⏱️ 44 minutes

🧾️ Download transcript

Summary

Stocks rallying to kick off the week, but can the strength continue into the holiday season? What Fed official Goolsbee had to say about inflation. Plus… bitcoin’s big bounce, and the stocks you should watch ahead of some key earnings this week. Fast Money Disclaimer

Transcript

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0:00.0

Thank you very much and indeed it does live from the Nasdaq market side in the heart of New York City's Times Square.

0:07.0

This is Fast Money and here's what's on tap. Melted up Monday, stocks roaring higher to as transports retail banks and even beaten down staples rally.

0:18.0

Is this the start of a lasting rebound or maybe just another head fate?

0:23.0

Plus an earnings addition of traded or faded will break down AT&T Procter and Gamble Tesla Netflix ahead of their results.

0:29.0

Later this week and later while Lulu is rebounding from its downward dog days of latent bitcoins big bounce.

0:37.0

What's driving the crypto climb and a serious snapback for snap?

0:41.0

Will the surge lad, they've been grunts in them here on the table.

0:45.0

I haven't even gotten to you guys yet.

0:47.0

Is it a surge or just poop? Just disappear like that.

0:51.0

Welcome everybody, I'm Tyler Matheson in from Melissa Lee.

0:55.0

Coming to you live from Studio B at the Nasdaq on the desk tonight.

0:59.0

The hmm of Tim Seymour, Bonwin Eisen and Dan Nathan and Guy Adami who went Haram at some point there a moment ago.

1:07.0

We start with a market jump today that out up 314 points, blue chip index.

1:12.0

Now up six of the last seven days.

1:15.0

Nasdaq and S&P 500 bouncing more than 1% Wall Street.

1:19.0

Embracing earnings season optimism and shrugging off those rising treasury yields.

1:23.0

Which were higher today among today's biggest winners.

1:26.0

Retail the S&P retail ETF rallying almost 3% solid rebound since it's been down nearly 8% over the past three months.

1:35.0

A lot of those names are really limping.

1:37.0

Another encouraging move higher in transports.

1:40.0

The group rising 2% today transports struggling since hitting 52 week highs over the summer.

1:46.0

And these gains today came even as yields ticked higher.

...

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