4.3 • 1.2K Ratings
🗓️ 15 May 2018
⏱️ 45 minutes
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0:00.0 | Fast money starts right now live in the NASDAQ market side overlooking New York |
0:04.6 | City's Times Square. I'm Melissa Lee. |
0:06.6 | Traders on the desk are Pete Naderian, Tim Seymour, Dan Nathan and Guyadami. |
0:10.1 | Tonight on Fast, it is a Bitcoin cash takeover. The controversial |
0:14.4 | cryptocurrency is the best performing coin in the past month and the profit |
0:18.6 | himself, Roger Veer, aka Bitcoin Jesus, is back with a new prophecy that could send the |
0:23.9 | cryptocurrency universe reeling. He will talk to us exclusively. Deal with it. |
0:28.8 | But first we start off with what we are calling the three prongs of pain. |
0:32.2 | Kew the scary music. |
0:33.7 | The market selling off snapping its eight day winning streak |
0:36.4 | as pressure increases from rising rates, |
0:38.4 | a stronger dollar, and oil prices on the rise. |
0:41.1 | Could these three major headwinds lead us down the river to |
0:44.4 | selling hell again? Oh, you saw earlier this year. We are overdramatizing a |
0:50.0 | little bit guy. But you get what we mean here. |
0:54.0 | I get your drift. |
0:55.0 | We're looking for causality here is what we're looking for. |
0:57.0 | Mel, after eight days we're looking for a reason why the market was down 7 tenths of 1% in terms of the S&P 500. |
1:02.4 | I get it, but I could counter and say, I could of the S&P 500. |
1:02.5 | I get it, but I could counter and say, |
1:04.8 | I can make a bullish argument for all three. |
1:06.9 | Higher rates should do well for the financials. |
... |
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