4.3 • 1.2K Ratings
🗓️ 9 July 2018
⏱️ 44 minutes
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0:00.0 | Fast money starts right now. |
0:03.0 | Live from the Nazac Market site overlooking New York City's Times Square. |
0:06.0 | I'm Melissa Lee. |
0:07.0 | Your traders on the desk are Pea Nagerie and David Seabury, Dan Nathan and Tim Seymour. |
0:10.0 | Tonight on Fast, it is a Twitter take down the stock getting crushed today as a |
0:14.8 | social media giant admits there's a lot of fake accounts out there but the |
0:18.2 | expulsion of fake accounts could lead to real money says Tech Guru Gene Munster and he'll tell us just how much. |
0:24.4 | Plus Apple lagging behind its biggest tech peers but the Chartmaster sees something |
0:28.9 | that has him pressing the buy button. |
0:31.0 | He will explain why he's calling for an apple turnover. But first we |
0:34.0 | start off with the market rally. The Dow surging more than 300 points, |
0:37.3 | closing at the highs of the day, the Dow now positive for the year, with |
0:40.9 | financials and industrials leading the way higher and it could |
0:44.2 | all be thanks to the war. The trade war that is. What is it good for? |
0:50.8 | Well apparently it's good for about a 7% gain |
0:53.3 | on the S&P 500 here in the US |
0:55.2 | over the past three months and not so good for China. |
0:58.2 | The FXI, the Chinese large cap EDF, |
1:00.5 | down about 7% over the same time period. So rhetoric aside, could we actually |
1:05.8 | be winning the trade war? And if so, what are the best stocks and sectors to bet on right |
1:11.2 | now? Pete. I think we could be winning the trade war and I |
1:13.7 | think if you decide that you want to look at the Shanghai versus the US in terms of |
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