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CNBC's "Fast Money"

Fast Money 12/26/18

CNBC's "Fast Money"

CNBC

Business, Investing, News

4.31.2K Ratings

🗓️ 26 December 2018

⏱️ 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

We will certainly try that listen to monster rally fast money begins right now right in the heart of time square

0:05.3

Melissa is off I am Brian Sullivan and wow what a day your traders on this record setting day are both near and far

0:12.8

Pete Nigerian in Minneapolis,

0:14.3

Chris Harvey, Gene Munster, and Brian Kelly BK

0:16.9

all on set.

0:18.2

And our breaking news coverage of this massive Santa Claus rally

0:21.3

rolls on.

0:22.3

The Dow soaring nearly 1,100 points. That's right, 1,100

0:28.1

points for the biggest one day point gain ever. Now not to be outdone the S&P 500 surging nearly 5% for its best day in a decade.

0:37.0

No doubt investors, see and see viewers and listeners are happy right now, especially coming off of Monday's 600 point fall.

0:44.0

But here is the trillion dollar question.

0:46.0

Is today's rally a sign that the bottom is in?

0:49.0

And is this the start of something great?

0:51.0

Or just a huge day in a weakening market because and I hate to do this

0:55.6

glass half empty the two other biggest point gain days for the doubt point gain days

1:00.4

2008 so it's funny before we got on the desk, I said it...

1:04.4

That's funny about 2008.

1:05.4

Well, there's nothing funny about that, but it's funny about how this felt today in terms

1:09.8

of the volatility that we're having.

1:11.9

It felt very much like those rallies we would

1:13.7

get in 2008 that is not to suggest that this economy or market or anything is

1:18.2

anything like that what I think we had today was people just said listen we priced everything in we've priced in we have

...

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