Market Loses Momentum as Earnings Season Kicks Off 10/14/22

CNBC's "Fast Money"

CNBC

Investing, News, Business

3.9 • 1.3K Ratings

🗓️ 14 October 2022

⏱️ 22 minutes

🔗️ Recording | iTunes | RSS

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Summary

Major markets dropped to end the week, unable to keep up the rally it managed on Thursday. The S&P and Nasdaq dropped into negative territory for the week, while the Dow managed a 1% gain. But where are we heading from here? The Chart Master joins with some answers. Plus not one, but two charts of the week, both plagued by issues in China. We’ll break down the moves. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Transcript

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0:00.0	Right now and fast of bruising
0:02.0	finished to a wild week, the major
0:04.0	average is falling sharply, following
0:06.0	Thursday's rip roaring rally was
0:08.0	yesterday just a one-hit wonder
0:10.0	investors should forget ever
0:12.0	happen. Plus earnings parade next
0:14.0	week, a bevy of big names reporting
0:16.0	from Goldman's test of the snap to
0:18.0	Netflix and beyond. So which names
0:20.0	are the traders watching the most for
0:22.0	clues about the market? And later a
0:24.0	double dose of our chart of the week.
0:26.0	One of these names is riding a
0:28.0	bike. We're going to start off
0:30.0	tonight with a rough end to a very
0:32.0	turbulent week for the market.
0:34.0	It's a major indices unable to
0:36.0	sustain momentum after yesterday's
0:38.0	rally. The S&P and Nasak both
0:40.0	going negative for the full week.
0:42.0	The down managing to hold on to a
	...

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