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CNBC's "Fast Money"

Fast Money 02/27/20

CNBC's "Fast Money"

CNBC

Business, Investing, News

4.31.2K Ratings

🗓️ 27 February 2020

⏱️ 60 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

Stocks rocked as the coronavirus spreads.

0:07.8

The Dow having its worst week since the depths of the financial crisis,

0:11.6

the selling widespread. all three major averages now in a correction.

0:16.5

So what should you be doing with your money following a day like today?

0:20.0

Our traders are standing by to break it all down for you.

0:23.0

A special edition of Fast Money starts right now.

0:27.0

And welcome everybody to a very special Fast Money is always live from the NASDAQ market site.

0:31.0

It was another history-making day

0:33.1

and what has been a history-making week.

0:35.6

And joining us for the entire hour commercial free

0:38.5

are Tim Seymour, Dan Nathan, and Steve Grasso.

0:41.4

We're also pleased to be joined by Lori

0:42.9

Kalpatina head of US equity strategy at RBC Capital Markets.

0:46.3

All right, we'll get to them in just a moment. But let us recap how this incredible

0:50.4

day played out. The Dow just had its biggest point drop in history falling

0:54.7

eleven hundred and ninety points that was a four point four percent drop. The Dow

1:00.6

index has now lost thirty,200 points this week alone. It is now down nearly 10% this year.

1:07.0

The S&P, meantime, falling 4.4% as well, handing in its worst day since August of 2011 and this is the fastest correction a

1:15.4

10% drop from the highs in the entire history of the stock market let's focus on

1:20.4

the big names that you know the ones that that control the market, the fangs.

1:23.9

They tumbled as well and they took the market with them.

1:26.6

You had Apple down 6.5% Google, 5.5 and look at Microsoft.

...

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