Fast Money 05/27/20

CNBC's "Fast Money"

CNBC

Business, Investing, News

4.3 • 1.2K Ratings

🗓️ 27 May 2020

⏱️ 46 minutes

🔗️ Recording | iTunes | RSS

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Summary

Listen To Our Traders Take You Behind the Money...How To Play the Volatility...Pops and Drops: The Movers You Missed.

Transcript

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0:00.0	Fast money starts for right now. I'm Melissa Lee.
0:03.4	Tonight's trader, guy Dami, Tim Seymour, Karen Finerman, and see Grasso coming up on
0:07.4	fast a fact-check bite. Trump takes on Twitter after the social media
0:11.3	giant slaps warnings on two of his tweets.
0:14.1	We will break down the big risks in this brewing battle.
0:16.7	Plus, shares of Moderna tumbling again today, what we just learned about insider selling
0:22.0	that is raising more eyebrows and
0:23.8	box getting a pop in the after-hour session on earnings we will break down all
0:27.5	the big headlines from the quarter but we start off with the great sector rotation
0:31.7	some past underperformers are catching a big bid.
0:34.4	Check out these moves over the past week.
0:36.0	The XLF financials, E.T.F up 9%.
0:38.6	XLI industrial's up 8%.
0:40.8	XLB materials up 3% on the flip side
0:43.8	past outperformers like tech and health care
0:45.8	they're following by the wayside underperforming the broader markets
0:48.6	with the XLK ETF down 1% since last Wednesday
0:52.3	XLV healthcare is flat,
0:54.4	XlC communications up 1%.
0:56.3	So is this rotation temporary,
0:59.0	or will this be the new leadership going forward.
1:03.0	Guy Dami, I start with you.
	...

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