Fast Money 12/22/17
CNBC's "Fast Money"
CNBC
3.9 • 1.3K Ratings
🗓️ 22 December 2017
⏱️ 22 minutes
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| 0:00.0 | Fast Money starts right now. Live in the NASDAQ market side overlooking New York |
| 0:05.3 | City's Times Square. I'm Melissa Lear. Traders on the desk for Steve Grasso, David Seaberg, Dan Nathan, and |
| 0:09.9 | Guy Dami. Tonight on Fast, a classic investment theory is flashing the buy sign for one beaten |
| 0:15.2 | Dow stock. The Chartmaster will tell you the one name he thinks will break out in 2018. |
| 0:19.5 | Plus, the holiday rush is on is FedEx and UPS race to your door. |
| 0:23.4 | Are those stops the best way to cash in on online shopping? |
| 0:26.3 | The traders have a way to play it. |
| 0:27.7 | But first we start off with the crypto nightmare before Christmas. |
| 0:31.3 | It's definitely carnage across the space at one point point-based |
| 0:35.0 | suspending trading to sell off is holding no prisoners. |
| 0:38.0 | Everything from Bitcoin to Bitcoin cash, Light coin, Ethereum, all getting slammed. |
| 0:41.0 | Bitcoin is down more than 30% from its highs, but making a bit of a comeback from the |
| 0:45.4 | lows in today's session and crypto stocks, taking on the chin as well. |
| 0:49.0 | Square overstocked with CME, even Riot Block blockchain getting crushed after their big runs. |
| 0:54.4 | While longtime Bitcoin investors are used to this volatility, this is the first time |
| 0:58.6 | many new Bitcoin believers are feeling the crunch since piling in, so how long does this last does |
| 1:04.0 | it spread to other parts of the market will these newbie investors be scared off |
| 1:08.5 | for good damn yeah listen this is not a bad thing especially if this whole |
| 1:12.3 | crypto thing is going to have some legs here. |
| 1:14.2 | Obviously you know from October to late November, Bitcoin doubled. It went from 5 to 10,000 and then it doubled |
| 1:19.8 | from 10,000 to 20,000 in less than a month. |
| 1:22.5 | So the fact that we had this 30% pull back, |
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