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CNBC's "Fast Money"

Fast Money 03/06/20

CNBC's "Fast Money"

CNBC

Business, Investing, News

4.31.2K Ratings

🗓️ 6 March 2020

⏱️ 22 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

An incredible late day surge wrapping up another record-breaking Wall Street week for a lot of reasons.

0:11.0

Hi everybody and good evening. Welcome to Fast Money.

0:13.0

I am Brian Sullivan and your traders on the desk on this Friday are Tim Seymour, Brian Kelly,

0:17.0

Karen Fireman, and Steve Grasso.

0:19.0

All right, let's get right to it.

0:21.0

Stocks staging.

0:22.0

What can only be described as a monster comeback to

0:24.0

Dow up nearly 600 points in the final 52 minutes of trading. The big move

0:29.9

likely fueled in part by the Fed. Two key Fed officials hinting that more rate cuts or more

0:36.8

could be on the way. And get this, a week that saw a thousand point swing in the market

0:41.7

nearly every day was ultimately a giant round

0:45.0

trip to nowhere. The S&P 500 ended the week pretty much exactly where it began. I think the

0:51.3

Dow was able to actually finish slightly higher

0:54.3

Karen Finerman this was going to be your chart of the week we were going to do with the

0:57.6

next block we got a lead with it everything's fluid right now what happened I know if you look at the chart you'll see it

1:04.6

was about a one and change percent move for the week and imagine what a

1:08.2

different feel we would have if every day during the week the market moved 30

1:11.9

basis points each day and that would get us right

1:15.4

where we are right now that would be the change in the week but obviously that's

1:18.6

not how it happened so we have a very different market a really treacherous market and up a thousand down a

1:24.4

thousand day back and forth is a really it's a scary market and we don't know where

1:30.2

the bottom's going to be but it was really starting to feel very

...

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