Market’s Big Post-CPI Surge, and the Side-Effects of the FTX Crash 11/10/22

CNBC's "Fast Money"

CNBC

Investing, News, Business

3.9 • 1.3K Ratings

🗓️ 10 November 2022

⏱️ 44 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

The Nasdaq posting its best day since March 2020 after a cooler than expected CPI report calmed investor fears. But will the rally run on, and how traders should navigate these seemingly stabilizing seas. Plus Sam Bankman-Fried breaking his silence as his crypto company convulses. One expert in the space looks at the collateral damage to the industry. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Transcript

Click on a timestamp to play from that location

0:00.0	And right now on Fast Money, Rip Throaring, Rally, Big Tech, Booming and Aztec, up 7%.
0:09.2	Some big names of double digits, the SB up more than 5% of the Dow, posting a gain
0:14.0	of 1,2001 points, yes, you heard that right.
0:16.9	Do not adjust your radio, 1,201 points.
0:21.3	But is this a rebound?
0:22.3	You can really believe in long return plus.
0:24.2	The latest of the Fast Moving Story on FTX, the founder says he quote, F-Dup, does this
0:29.8	disaster?
0:30.8	Have macro market implications?
0:32.6	Later on, ahead of Veterans Day, we're going to introduce you to the first institutional
0:37.7	asset management firm that is 100% owned by military veterans.
0:42.8	Giant's Great, Phil McConkey is here.
0:45.5	Hi everybody, I'm Brian Sullivan, in for Melissa Lee tonight.
0:48.4	This is Fast Money, live for the Nasdaq and somebody called John Stamos.
0:52.2	Huh?
0:53.2	Because we got a full house tonight.
0:56.1	We got Tim Seymour, Karen Feynman, Dan Nathan and got, trying to the laugh guy, dummy.
1:01.7	That was funny.
1:02.7	Alright, let's start up right at the big story of the day, Stocks.
1:05.3	Or as we might say, Stokes, the latest inflation data showing a slight drop.
1:11.0	But that slight drop was enough to get investors absolutely giddy.
1:15.6	Pretty much every stock grows today, including the biggest of the big Amazon Apple, Microsoft,
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from CNBC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of CNBC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.