4.3 • 1.2K Ratings
🗓️ 31 December 2020
⏱️ 89 minutes
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0:00.0 | I'm Melissa Lee and this is Fast Money tonight's trader line up Guy Dami, Dan Nathan, Jeff Mills and James McDonald tonight on Fast. |
0:08.0 | The most astounding price action one of our traders has seen in 25 years will tell you what this stock did and why it caught his attention. |
0:15.0 | Plus, we'll be joined by the CEO of one big beneficiary, the Work From Home Trend Data Center |
0:19.6 | Re-equinix. What happens when people start going back to the office? |
0:23.0 | We'll ask him. |
0:24.0 | And don't forget, we've got another bonus hour, |
0:26.0 | fast money coming up to the top of the hour, |
0:28.0 | so send us your deepest burning trading questions. |
0:30.0 | We'll try and get you some answers. |
0:32.0 | But we start off with two charts moving in two |
0:33.7 | different directions telling one story. Take a look at the dollar hitting a |
0:38.2 | 52 week low today as measured by the dollar index meantime. Bitcoin, a new record high. |
0:44.3 | So what does this say about the market, Guy Adami? |
0:50.4 | Hi Mel. |
0:51.6 | Hey Guy. Says the dollar is going to continue to go lower and I know I've mentioned this before but Jerome |
0:58.7 | Powell is a huge fast money fan and I know he's watching right now and I will congratulate |
1:02.4 | him once again as he is |
1:03.4 | succeeding in torching the US dollar and I think the move has just gotten |
1:07.6 | started now the flip side of that coin is a lot of people will say |
1:10.6 | everybody's on this side of the boat, it's too much of a crowded trade, sometimes |
1:16.0 | the crowd is right, we've seen that in all kinds of things. |
1:18.8 | The dollar goes lower, City wrote another month and a half ago saying 20% downside in 2021 is possible I agree and we have said |
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