Markets Hit Amid Reddit Rebellion, But Is This Time to Buy?
CNBC's "Fast Money"
CNBC
3.9 • 1.3K Ratings
🗓️ 29 January 2021
⏱️ 22 minutes
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| 0:00.0 | I'm Brian Sullivan in for Melissa Lee and this is Fast Money on a big time |
| 0:06.0 | Friday tonight's Trader lineup Steve Grosso Bonne Eisen and Barbara and Bernard |
| 0:11.0 | CEO of Windcrest Capital and it's a big show tonight on Fast. |
| 0:15.2 | Jay and Jay delivering long-awaited results on its single dose COVID vaccine. |
| 0:19.7 | Will this be the game changer that markets? |
| 0:22.2 | Humanity has been looking for Mr. |
| 0:25.0 | Bitcoin's wild ride. |
| 0:27.0 | Elon Musk sending prices soaring to begin the day, but could a blow from Robin Hood |
| 0:31.4 | derailed a crypto rally? |
| 0:33.7 | And the Reddit Rebellion keeps its grip right on big Wall Street money. |
| 0:38.0 | We've got you covered with another bonus hour at 6 PM Eastern, |
| 0:42.3 | dedicated to all the action this week |
| 0:44.2 | the deep impact it is having on the business of short selling as well as the |
| 0:48.8 | overall markets. Welcome everybody it has been a wild week on the street of dreams and we are going to dive deep into the specifics of this crazy week for stocks, but let us start macro and the big sell-off for your money. The S&P 500 tumbling just under 2% today. The |
| 1:06.5 | Dow down more than 2%. Today was the first time the Dow has lost more than 2% on a Friday since all the way back in early June of last year. |
| 1:17.0 | And overall, this was the worst week for the markets since October. |
| 1:22.0 | Many of the biggest of the big getting just a little bit smaller |
| 1:24.9 | today. Investors selling what's saleable maybe to raise cash. Apple losing |
| 1:30.4 | nearly 4% today down more than 5% this week. |
| 1:33.6 | Tesla, Microsoft, Facebook, and others, also getting sold off. |
| 1:37.2 | Perhaps the reason? |
| 1:38.8 | Smaller traders banding together online, bidding up some of the stocks that big hedge funds are betting will fall. |
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