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CNBC's "Fast Money"

Fast Money 01/24/18

CNBC's "Fast Money"

CNBC

Business, Investing, News

4.31.2K Ratings

🗓️ 24 January 2018

⏱️ 45 minutes

🧾️ Download transcript

Summary

Listen To Our Traders Take You Behind the Money...How To Play the Volatility...Pops and Drops: The Movers You Missed.

Transcript

Click on a timestamp to play from that location

0:00.0

Fast Money starts right now.

0:03.0

Live in the Nasak market site overlooking New York City's Times Square.

0:06.0

I'm Melissa Lee.

0:07.0

Tragers on the desk are Pete Nigeri and Tim Steam or Dan Nathan and Guyadami.

0:10.0

Tonight on Fast, Bitcoin may be stuck in purgatory, but a new analyst that bespoke says hold on for dear life.

0:16.7

It is heading to 30,000 this year.

0:19.6

He'll tell us what has him so bullish.

0:21.0

Plus, as media deals heat up, Lionsgate is rumored to be one of the

0:24.4

hottest takeover targets out there. So is a deal in the works? The Vice Chair, Michael Burns,

0:29.2

will be here for a special game of deal or no deal. Andy Cohen style, it promises to be a surprisingly candid interview that could

0:36.4

have Hollywood and Wall Street talking.

0:38.5

But first, we start off with a wild day for the market.

0:41.0

Stocks initially surging nearly 200 points before reversing

0:43.7

lower triple digits and then just when you thought it was about to get ugly

0:46.9

turning around and ending the day at a record high. And at the center of the

0:50.5

market moves today, the dollar and this chart of the dollar is just

0:54.2

crazy. Take a look at it. It's really more of an interpretive chart. But that's the

0:59.0

dollar next going lower and lower. The action today coming after conflicting signals from the

1:03.3

Trump administration Treasury Secretary touting the benefits of a

1:06.3

week call of this morning in Davos later the White House did try and clarify saying

1:09.8

they believe in a free floating currency which traders took as a bullish sign.

1:13.7

Still traders only had one question today so just how low can the dollar go and is it about to go

...

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