Fast Money 06/05/20

CNBC's "Fast Money"

CNBC

Business, Investing, News

4.3 • 1.2K Ratings

🗓️ 5 June 2020

⏱️ 71 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
0:01.9	begins right now. I'm Melissa Lee tonight's trader line of Guy Dame, my co, Jeff Mills and
0:06.1	Chris Verone tonight on Fast, off to the races.
0:09.2	Market surging to end the week with the NASDAQ hitting a record high but
0:12.4	can the record- breaking speed of this
0:13.9	rally keep up its pace? We'll go off the charts to get some answers and how high can airlines
0:18.8	fly the name that just turned in its best week ever despite a big downgrade and later on a special
0:24.9	addition of fast we were counting down the biggest stories of the week and
0:27.4	how they impacted your money from the blowout jobs report to social media
0:30.7	choosing their sides we bring you what we call the Fast Five.
0:34.2	We start off with today's massive rally on the heels of the stunning May jobs.
0:38.3	Report two and a half million jobs added last month the biggest increase ever.
0:42.1	Economists were looking for
0:43.2	payrolls to drop by more than 8 million. Major indices are now nearly 50%
0:48.6	above their March 23 lows. Four S&P 500 sectors are now positive for the year with the consumer discretionary
0:54.8	space hitting an all-time high.
0:58.9	Guy, does this make sense?
1:00.9	Amazing.
1:01.9	Does it make sense? Amazing. Amazing.
1:03.0	It doesn't make sense.
1:04.0	Not to me, it doesn't, clearly.
1:06.0	You know, I've been saying this now, it seems like the last 300 or so S&P points.
	...

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