Does Apple’s Move Give the True Tell for the Market? Plus What the Debt Market Says About Carvana 9/12/22
CNBC's "Fast Money"
CNBC
3.9 • 1.3K Ratings
🗓️ 12 September 2022
⏱️ 44 minutes
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| 0:00.0 | Right now on Fast Countdown to CPI, head of the Fed decision, this is the most important |
| 0:05.5 | data point on the streets radar. |
| 0:07.1 | We'll break down what happens if the number is too hot, too cold or just right. |
| 0:11.3 | Plus, Carvana races higher on an upgrade from Piper Sandler. |
| 0:14.2 | The analyst believes the stock could double from here, but hold on, one of our trader says |
| 0:18.3 | the debt market is telling a very different story. |
| 0:21.1 | And later, Big Bounce and Biotech, the options action on Starbucks and Disney, Bigs Piece |
| 0:25.4 | of the Big Time Activist Investor. |
| 0:27.6 | I'm Melissa Lee. |
| 0:28.6 | This is Fast Money Live from the Mads Act Market site on the desk tonight. |
| 0:31.3 | Tim Seymour, Courtney Garcia, Guy Nami, and Karen Feineman. |
| 0:35.0 | And we start off at the Countdown to tomorrow's Big CPI report, economists expecting a sharp |
| 0:38.9 | slowdown in inflation in August. |
| 0:41.2 | As energy prices continue to come down, prices overall expected to decline on a month-to-month |
| 0:46.2 | basis. |
| 0:47.2 | But take a look at this, shares of Apple surging nearly 4% today, adding almost $100 billion |
| 0:52.9 | to its market cap. |
| 0:53.9 | Now, think about this. |
| 0:54.9 | A head of a key piece of data, the biggest company in the United States, a company deeply |
| 0:58.8 | impacted potentially by supply chain snarls, enterprise spending, the health of the consumer, |
| 1:04.0 | it makes a major move higher. |
| 1:05.5 | So does Apple's rise today, signal to investors, that the markets have accepted that the Fed |
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