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CNBC's "Fast Money"

Fast Money 02/20/19

CNBC's "Fast Money"

CNBC

Business, Investing, News

4.31.2K Ratings

🗓️ 20 February 2019

⏱️ 44 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. Live from the Nasak Market site overlooking New York

0:04.8

City's Times Square. I'm Melissa Lee.

0:06.7

Your traders on the desk are Pete Nijerri and Tim Seymour, Karen Feinerman and Guy

0:10.0

Dami. Tonight on Fast, the man who moves markets is back.

0:13.8

J.P. Morgan's Marco Kalanovic says,

0:15.8

we are heading higher from here,

0:17.5

and there are two sectors that can help you catch this rally.

0:19.8

He will explain.

0:21.0

Plus, the parade of Tesla executives marching at the front door

0:24.0

continues as a company's general counsel calls it quits after just two months.

0:28.0

So what does that mean for the stock? We've got the details. The first we start

0:31.8

off with the material world.

0:35.0

Materials, the best forming sector today and in the past week is the whole commodity complex

0:39.2

is on fire.

0:40.6

Gold hitting its highest level in nearly a year of copper palladium also rallying

0:44.0

and check out some of the biggest winners. Freeport math, Newmont mining, Dow

0:47.4

DuPont all jumping this week so with peers of a global slowdown still swirling.

0:51.6

Even the Fed today said that growth here in the US will

0:54.6

slow in 2019. Why are we seeing materials rally? What can this mean for the

0:58.4

markets guy? I think a couple of different reasons. One of them is people think

1:01.5

yeah we're at this slowdown but the time to buy these

1:03.9

stocks are when things are slowing down, hoping for the, I guess, re-acceleration, which could come

...

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