4.3 • 1.2K Ratings
🗓️ 3 June 2019
⏱️ 45 minutes
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| 0:00.0 | Certainly is fast money starts right now. |
| 0:03.2 | Live from the Nazac market site overlooking New York City's Times Square. |
| 0:06.0 | I'm Melissa Lear. |
| 0:07.0 | Traders on the desk are Tim Seymour, Brian Kelly, Dan Nathan and Guy Dami. |
| 0:10.0 | Tonight stocks are stuck in the danger zone as yields sink to new lows but a top |
| 0:14.4 | strategy says don't worry the Fed is coming to the rescue and a rate cut could be |
| 0:18.8 | coming as soon as this month he will explain plus Tesla sinking to more than a three-year low |
| 0:24.0 | as the electric vehicle maker hits roadblock |
| 0:26.1 | after roadblock. |
| 0:27.2 | But the Chartmaster says this stock is so bad, |
| 0:30.3 | it's good. |
| 0:31.4 | You won't believe why he's saying to buy the beaten down name now, but we start off with what looked like Big Tech's day of reckoning as the Nasak enters correction. |
| 0:40.0 | Check out the carnage is the biggest names in the market are facing antitrust oversight from the government. |
| 0:45.0 | Facebook getting hit the hardest, having its worst day since July of last year. |
| 0:49.0 | Amazon, Alphabet, Apple, all under pressure. |
| 0:52.0 | So is this the beginning of the end for Big Tech as we know it? |
| 0:56.4 | And what does this mean for the markets? |
| 0:57.9 | Guy. |
| 0:58.9 | Well, it's interesting, I don't think it's, I think it might be closer to the end for Big |
| 1:01.1 | Tech. I mean, a lot of these stocks have come off significantly |
| 1:03.4 | listen Google I power pitched a while ago that was clearly wrong but I'll say this we've |
| 1:08.2 | mentioned Facebook 165 look where it closed today and look at the volume that it traded. Now Facebook is basically a 50% correction of the December 24th low in the recent high. |
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