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CNBC's "Fast Money"

Fast Money 12/28/18

CNBC's "Fast Money"

CNBC

Business, Investing, News

4.31.2K Ratings

🗓️ 28 December 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.

0:04.8

Live in the Nasak Market site overlooking New York City's Times Square.

0:07.8

I'm Melissa Lee.

0:08.6

The line of tonight, Carter Worth, Brian Kelly, Jeff Mills and Steve Grasso.

0:12.2

Tonight on Fast, it was a wild rod but stocks

0:14.8

having their first green week in what's otherwise been a very red December, but if you miss

0:19.4

the rally, don't worry. The Chartmaster here is going to break down what he says is the ultimate

0:23.8

catch-up trade. Plus if there is one thing you need to see heading into 2019, the top

0:27.9

strategist says it is this chart. You'll tell us what it is and what it could mean for the markets but first we

0:34.1

start with a December surprise on Wall Street socks having one of their best

0:37.5

weeks of the year with the S&P 500 up nearly 4% this week as it looks like Santa finally came. Consumer discretionary

0:45.2

technology and financials just some of the best performing sectors on the

0:49.1

week but as we head into 2019 can you trust this bounce and are you trading or fading?

0:54.4

This week's big winners. Steve Grass, I want to start with you and first I want to

0:57.6

start off with this bounce because there are a lot of people at home.

1:00.4

They've been whipsawed by all the action, and they want to know,

1:04.1

faded or traded, the markets after this week.

1:07.1

So I would trade the markets.

1:08.6

I think that the damage that has been done is terrible, but we're still, so much has been done that we're due for this bounce.

1:16.7

We had the bounce earlier on in the week, or I should say we had the Christmas Eve massacre.

1:20.9

Then we had the bounce.

1:22.2

I think we're in for more bounces and maybe... the where I think the worst is probably yet to come in February I think you're going

...

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