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CNBC's "Fast Money"

End of the Risk-On Trade? And the Ad Winners at the Super Bowl 2/10/23

CNBC's "Fast Money"

CNBC

Business, Investing, News

4.31.2K Ratings

🗓️ 10 February 2023

⏱️ 22 minutes

🧾️ Download transcript

Summary

Shares of some of the year’s highest flyers coming back down to earth in a big way this week. So is this the end of the rally we’ve seen in the high tech, high growth names? Plus casino stocks surging ahead of the Super Bowl, and ad prices at record highs. We break down the winners and losers of Sunday’s big game. Fast Money Disclaimer

Transcript

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0:00.0

Right now on fast searching for answers of Brutal Week for Alphabet dropping nearly

0:05.0

10% and punishing action for a host of this year's early High Flyers with rates rising

0:10.0

the Fed still in play.

0:11.0

Could this be the set up the bears have been waiting for?

0:14.0

Plus, Super Stocks Sunday, the record-breaking action for sports gambling this weekend and

0:18.6

the potential winnings off the field in the commercial battle royale or traders' kicks

0:23.2

and pans ahead of the kickoff.

0:25.0

And later, a visit from the chart master, he'll be alone to give us his crude assessment

0:28.5

of where oil is heading next.

0:29.9

No lines, no judgments.

0:30.9

I'm Melissa Lee.

0:31.9

This is Fast Money, we're live at the Nasdaq Market site on the desk tonight.

0:35.0

Tim Seymour, Courtney Garcia, and Jeff Mills.

0:37.8

We start off at the potential end of the risk on rally.

0:40.4

The Nasdaq dropping for the fifth time in six days, snathing a five-week winning streak,

0:45.2

posting its lowest close of the month, some of the biggest laggards, high growth stocks

0:49.3

that had been in rally mode this year, lift, plunging more than 36% today after its disastrous

0:55.2

earnings report, the stock clocking and its worst loss since going public four years

0:59.2

ago.

1:00.2

FinTech affirmed posting a third day of losses after its own disappointing report earlier

1:03.9

in the week.

1:04.9

And the sell-off didn't stop there.

...

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