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CNBC's "Fast Money"

Fast Money 06/22/18

CNBC's "Fast Money"

CNBC

Business, Investing, News

4.31.2K Ratings

🗓️ 22 June 2018

⏱️ 22 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.

0:02.0

Live from the Nasak market site overlooking New York City's Times Square.

0:05.0

I'm Melissa Lee.

0:06.0

Our traders on the desk are Steve Grasso, Brian Kelly, David Seaberg and Gaiadami.

0:10.0

Tonight on Fast, Bitcoin is getting slammed after Japanese regulators call for an upgrade of a major exchange.

0:15.6

Are we seeing the death of Bitcoin as we know it?

0:18.8

The UK will break it down.

0:19.8

Plus, the Chartmaster says there's one beaten down Dow stock that's heading for a big

0:23.7

comeback he'll tell us the name and how high he sees it going but first we start off

0:27.8

with the energy sector to the rescue helping the Dow avoid its longest losing streak in

0:32.3

40 years.

0:33.0

One could say it was the type of dramatic save when only sees on an episode of Bay Watch.

0:37.0

Check out some of these moves in the past three months.

0:40.0

Exxon up 11%, Conoco Phillips of 20%, marathon oil up 36%, and finally, Chesapeake Energy

0:46.8

up 63%.

0:48.3

So what better time to play a rousing game of traded or faded?

0:52.0

Energy style. We all know the rules of the game right

0:55.0

trade it or faded you just go over them quickly it's Friday it's been a guy

1:00.0

Chesapeake well Melissa high on this, you can say stocks up 63%, how can you possibly trade this

1:06.9

stock still?

1:07.9

That's a great question.

1:08.9

I will say you trade CHK.

...

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