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CNBC's "Fast Money"

Fast Money 03/31/20

CNBC's "Fast Money"

CNBC

Business, Investing, News

4.31.2K Ratings

🗓️ 31 March 2020

⏱️ 51 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

And welcome to the ABC's continued coverage of markets and turmoil everybody.

0:07.2

Thank you very much for watching. Well, it was a down end to what was a miserable

0:11.1

month and a miserable quarter all and all in so many different ways.

0:15.4

The Dow closing the day down 410 points ending its worst first quarter ever and its worst

0:22.1

month since all the way back in 2008.

0:25.2

Listen to some of these statistics. In March, the Dow Jones Industrial average

0:29.0

finishing down 13.7%. There were three drops of 2,000 points or more.

0:36.5

Overall, the index traded in a nearly 9,000 point range and half of the Dow 30 lost more than 10% or more of their

0:46.2

value for investors all within a 31 day month where so much changed in the

0:51.2

markets and really so much changed in the world.

0:54.8

Also you know what changed the price of oil oil falling 67% so far this year a number

1:01.1

of oil stocks have lost 90% of their value in 2020.

1:05.8

All of course because of demand destruction and a price war and a global economy on edge because

1:10.5

of what else the coronavirus COVID-19, and when the White House press

1:15.4

conference begins, we will take you to any major market moving headlines or headlines

1:19.8

concerning your health that you need to know from that press conference when it begins now

1:23.8

basically a daily occurrence at 5 p.m. Eastern time. So welcome everybody. I am Brian Sullivan.

1:29.7

I know that was a tough start, but we have got a great investment team for you tonight.

1:33.7

Gaiadami, Tim Seymour, Karen Fineman, and from Stitagus we have got Chris Varoan.

1:39.9

Welcome everybody on another tough day for the markets and the world

1:43.3

Gaidami. Obviously let's do what we do here and that is focus on investments and

1:47.4

give some sound advice. The Vicks fell today but it's still at 53. Volume was

...

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