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CNBC's "Fast Money"

Fast Money - 05/12/21

CNBC's "Fast Money"

CNBC

Investing, Business, News

3.91.3K Ratings

🗓️ 12 May 2021

⏱️ 44 minutes

🧾️ Download transcript

Summary

Listen to our traders take you behind the money...how to play the volatility...pops and drops and the movers you missed. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Transcript

Click on a timestamp to play from that location

0:00.0

I'm Alyssa Lee and this is Fast Money.

0:03.5

Tonight's Trader Line up, Guy Dami, Tim Seymour, Karen Feinerman, and Steve Grasso.

0:07.2

Tonight on Fast, the four most important charts in the market, following today's big

0:11.2

sell-off.

0:12.2

Each trader has the one thing they are watching and why could tell us where we are headed

0:15.9

next.

0:16.9

Plus, a major trade alert, Karen trimming her position in one of the big banks.

0:20.6

You heard that right.

0:21.6

Karen is selling a bank while she's ringing the register on this name.

0:25.1

And later, we're going bargain hunting, following today's drop, five names that are down

0:29.2

in double digits from the recent highs, find out if any of them are beaten down by, but

0:32.9

we start off with a major market meltdown, the Nasak plunging more than two and a half

0:37.6

percent to its lowest close in more than six weeks.

0:40.8

The S&P and Dow also dropping more than two percent is inflation, saw its biggest spike

0:45.2

in 13 years.

0:47.2

That inflation print taking the wind out of the sales of the tech trade.

0:50.7

Look at some of the moves and some of the biggest names in the market all down two percent

0:54.6

or more today.

0:56.3

So what do you make of the sell-off guy?

0:59.4

Well, I mean, I think we started last night's show teasing the CPI today.

1:03.8

First time we've ever done that in fast money history.

1:05.9

You mentioned it and we were obviously right to do it.

...

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