Countdown to PPI, and Can Tesla Shares Rev Up Again? 12/8/22

CNBC's "Fast Money"

CNBC

News, Investing, Business

3.9 • 1.3K Ratings

🗓️ 8 December 2022

⏱️ 44 minutes

🔗️ Recording | iTunes | RSS

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Summary

Stocks rising ahead of tomorrow’s PPI report, as economists are looking for inflation pressures to ease as we get ready for the last Fed meeting of the year. But can the momentum contine. Plus, shares of Tesla have been cut in half this year. Is there any charge left in the stock, or is this trade losing its power? 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	All right, right now on fast, the countdown is on for the next read on inflation.
0:05.4	It's the PPI.
0:06.8	How will this number impact the Fed and the mood of the market?
0:09.9	Plus, the Boeing bounce.
0:12.0	The aerospace giant soaring so far in the fourth quarter up nearly 50% so can the stock
0:17.5	keep flying higher?
0:19.6	And the Tesla tumble.
0:20.6	Sheers continuing to lose their charge now down over 40% in just the last three months
0:25.2	alone.
0:26.2	Where's the catalyst to stop that slide?
0:28.2	And then later on in the show, a casino stock that's just hit the jackpot as of late.
0:33.4	That mystery chart, the name, the surge, and what one of our traders is doing with that
0:38.3	stock right now.
0:39.3	I'm Dominic Schuwen from Melissa Lee on the big show tonight.
0:42.4	This is Fast Money Line from the Nasdaq Market site.
0:45.1	On the desk, we've got Tim Seymour.
0:47.3	Also Courtney, we got Dan Nathan.
0:49.9	We got Guy Dommy.
0:50.9	Courtney Garcia gets to stand right in here next to me.
0:53.4	This is going to be a great show.
0:54.4	We're going to start with the countdown to the November producer price index report.
0:59.1	One of the last few inflation readings we'll get before the Fed's final rate meeting
	...

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