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CNBC's "Fast Money"

Fast Money 05/23/18

CNBC's "Fast Money"

CNBC

Business, Investing, News

4.31.2K Ratings

🗓️ 23 May 2018

⏱️ 45 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

Fast money starts right now.

0:02.8

Live in the NASDAQ market site overlooking New York City's Times Square.

0:06.0

I'm Melissa Lee.

0:06.8

Traders on the desk for Pete Nigerian, Tim Seymour, Brian Kelly, and Guyadami.

0:10.5

Tonight on Fast, just when you thought it might be safe to buy GE shares

0:14.2

cratering today. The socks seeing its worst session in nearly a decade. Did any of

0:18.9

our traders buy this dip? And speaking of carnage, the Bitcoin bloodbath rages on as the major

0:24.2

cryptocurrency has crashed today. So what is behind the big sell-off? The Bitcoin baller

0:28.6

himself, Brian Kelly's got some clues. And later, the president of coin base is back with a major announcement

0:34.0

that will impact anyone who uses its platform and the entire crypto space as we know it he

0:39.7

will join us live but first we start off with the Fed to the rescue stock sinking at the open, but then

0:45.7

the Fed minutes came out and the message was simple.

0:48.3

We got your back market.

0:50.1

The dovish comments giving a big lift to tech in particular so is this the return

0:54.7

of the easy money trade and is the fed put alive and well again guy yeah well

0:59.7

it's all part of this pastiche I hate to use it all the time.

1:03.2

But it's a good word of the time.

1:05.1

In the context of this conversation because a few weeks ago

1:08.5

on that Thursday before the jobs number we had talked about

1:11.8

you know of sort of a modest wage growth will be

1:14.0

very bulge for the market, don't fade it. And here we are now some 110 or so

1:18.7

S&P points higher. Now you got the Fed saying you know what a modest overshoot inflation will be helpful.

...

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