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CNBC's "Fast Money"

Fast Money 09/21/18

CNBC's "Fast Money"

CNBC

Business, Investing, News

4.31.2K Ratings

🗓️ 21 September 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. Live from the NASDAQ markets I head overlooking

0:05.0

New York City's Times Square. I'm Melissa Lear. Traders on desk or Tim Seymour,

0:08.4

C-C-Craso, Dan Nathan, and Guy Adami. Tonight on Fast, Nike's record run rages on on and one of our traders says this could be the beginning of an even bigger rally.

0:16.0

He will tell us how high he thinks the stock will go.

0:19.0

Plus, Hedge Fund Titan Michael Novigradz said back in December when Bitcoin was a 20,000

0:24.4

that it would be a double likely to hit 40,000 of course that's not how the story

0:28.4

went so why is he calling for a crypto comeback now and what does they think about the move in ripple he will be here

0:34.2

to talk all things crypto and speaking of which we heard you loud in clear

0:38.0

crypto universe we tweeted you voted and you want the bit coin bug back so you know what?

0:43.0

Boom, there it is.

0:45.0

The Bitcoin bug is officially backed by popular demand,

0:48.0

at least for tonight.

0:49.0

So Twitter, take a chill pill.

0:51.0

We start tonight with the fang fade out in an old school blast of

0:54.8

Mariah Carey. Is it time to let go a fang as the market hits new high after new high

1:00.0

this month the fang stocks are nowhere to be found none of them are at new

1:04.0

highs Facebook still in a bare market Netflix is in a correction Google is

1:08.0

barely out of a correction still down 9% from its high well Amazon is down 7% from its high. Well, Amazon is down 7% from its high. We saw all the fang stock

1:15.0

selling off today as well, so is this trade the fang trade over guy? No, I

1:19.5

actually think it's probably going to start round two pretty soon, but you have to

1:22.4

pick your spots and we've had

1:23.5

conversations about this a couple weeks so we talked about Amazon maybe being ahead of its

...

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