4.3 • 1.2K Ratings
🗓️ 29 August 2019
⏱️ 44 minutes
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0:00.0 | Live in the NASDAQ market site overlooking New York City's Times Square, |
0:04.3 | this is fast money. I'm Melissa Lear. Traders on the desk for Steve Grasso, |
0:07.5 | Dan Nathan Gaiadami. And wait, there's more. We're also joined by |
0:11.2 | Civita Supermanian, head of U.S. |
0:13.1 | equity and quantitative strategy. |
0:14.5 | Thank of America, Maryland. |
0:16.1 | Great to have you with us tonight. |
0:18.3 | The Bowls taking charge on Wall Street as hopes of a trade deal. |
0:21.2 | Send stocks soaring, but don't break out the rally |
0:23.4 | caps just yet we've got one chart that could be a screaming cell signal also |
0:27.5 | ahead oil getting a big boost today RBC is Helene Mcross says crude could be |
0:32.0 | turning a big corner she will join us and later |
0:34.4 | our chart of the day. |
0:35.8 | One of the traders on this very desk says this is one of the best looking charts in the |
0:40.5 | entire market. |
0:41.5 | We will tell you what it is, but first, do you hear that? |
0:46.0 | What's that? |
0:47.0 | That is the countdown to the next round of tariffs. Come midnight, Sunday, tariffs |
0:51.2 | increased to 15% on some of the remaining $300 billion worth of goods from China. |
0:56.0 | Many big businesses are already warning this new round of tariffs will be a direct hit to the consumer, |
1:00.3 | but today the market rallied on renewed hopes of a trade deal so is the market |
1:04.2 | putting too much stock on a trade deal actually happening is this just the |
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