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CNBC's "Fast Money"

Fast Money 12/12/17

CNBC's "Fast Money"

CNBC

Business, Investing, News

3.91.3K Ratings

🗓️ 12 December 2017

⏱️ 45 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.

0:04.0

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

0:07.0

I'm Melissa Lear.

0:08.0

Traders on the desk are Pete Nigerian, Tim Seymour, Ryan Kelly and Guyadami.

0:12.0

Tonight on Fast, the crypto trade is on fire or as

0:15.3

the kids say LIT it's not just Bitcoin light coin and Ethereum going

0:19.6

parabolic because everyone tries to get a piece of the crypto craze.

0:22.8

We've got every angled covered as it is Bitcoin Week here on fast money.

0:27.0

The biggest crypto ballers joining us all week long.

0:29.8

Tonight, the biggest Bitcoin baller of the mall, Mike Novogratz, is here to give us the inside scoop about when his

0:35.9

crypto fund will launch and at what price he would consider taking profits on Bitcoin.

0:40.0

And of course, if you've got crypto fever, you don't even have to look away from the screen

0:43.6

we've got our Bitcoin watch fired up will be tracking the price by a coin base

0:47.5

throughout this hour but first we start off with the Dow on fire both the Dow

0:51.8

and the SSP 500 closing at a record high.

0:54.2

The Dow at more than 150 points at the highs, both indices posting their fourth day of

0:58.8

gains.

0:59.8

And this, of course, with the help of tax cuts on the horizon, as it does look like a deal on the bill is close

1:05.1

so let's get to Elon Moy and DC for the developing story Elon.

1:08.8

Melissa Republicans are closing in on the final version of the tax bill.

1:13.0

Two sources briefed on this plan tell me that the corporate rate will land at 21%.

1:18.0

Now it's unclear whether that'll kick in right away or not until 2019,

...

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