4.3 • 1.2K Ratings
🗓️ 14 August 2020
⏱️ 24 minutes
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| 0:00.0 | I'm Melissa Lee and this is Fast Money tonight's trader line up Brian Kelly, Steve |
| 0:05.3 | Grosso, Pete Nigerian and Bono and Iceland tonight on Fast Buffett's Bet on |
| 0:09.2 | Bolian. Berkshire Hathaway revealing a new stake in, get this, a gold miner, you heard right, or bring |
| 0:15.4 | you that name straight ahead. |
| 0:16.6 | Plus a streaming smackdown, Aichi, the Netflix of China, as some call it. |
| 0:21.2 | Tumbling as the SEC formally looks into fraud allegations, the man who triggered the investigation |
| 0:26.4 | will join us exclusively. |
| 0:28.2 | And later, a betting buzzkill, drafting is dealing a losing hand today on week earnings to find out if any of our |
| 0:34.3 | traders are taking a gamble on this name. We start off with the one chart in the |
| 0:38.5 | market that seems to be getting no attention and maybe it should check out the |
| 0:42.3 | XRT the retail EDF it is up 12% this year |
| 0:45.8 | far outpaced in the S&P 500 the XRT taking another leg higher today on the |
| 0:50.5 | back of a strong retail sales report so is this retail recovery for |
| 0:53.8 | real and if so how are you playing it Brian Kelly kick us off well so listen I |
| 1:01.0 | think there's a couple of different. Yes, there is a retail resurgence let's call it |
| 1:05.4 | I think a lot of it had to do with the stimulus but a lot of it had to do with kind of a change in the way people are working so |
| 1:11.6 | take a look at the XRT, this EDF. |
| 1:14.7 | The top five to ten holdings are heavy e-commerce, |
| 1:18.8 | overstock, Etsy, Wayfair, companies like that. So if you're working from home you need to buy some new things |
| 1:25.8 | and it's all e-commerce. |
| 1:27.4 | We've seen that trend. |
| 1:28.8 | Look at the truckers, those things have been on fire. |
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