Markets in Rally Mode, Plus What’s Next for China 10/17/22
CNBC's "Fast Money"
CNBC
3.9 • 1.3K Ratings
🗓️ 17 October 2022
⏱️ 44 minutes
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| 0:00.0 | Yes, it does, and right now all in fast money, market whiplash from Thursdays, rip your face off rally to the Friday fade to today's big bounce. |
| 0:10.0 | Should you brace for even more volatile days ahead? In China, she cements control. His grip, absolute. |
| 0:17.0 | The next few years may mean it's a don't touch market. We'll explain why. And later on, a new record in the US oil patch. |
| 0:25.0 | Sort of a bullish day for banks. Roblox's metasized move and Netflix, streaming higher ahead of earnings. Hello everybody. |
| 0:32.0 | I'm not Melissa Lee. I am Brian Sullivan. Melissa has tonight and tomorrow night off. Welcome. This is fast money. |
| 0:37.0 | Live for the Nasdaq market side and on your desk tonight. We've got Tim Seymour, Karen Feynman, Dan Nathan and Guy Adamine. |
| 0:45.0 | Let us begin at the beginning with a major rally on Wall Street, the Nasdaq surging nearly 3.5% today. |
| 0:52.0 | And that move my friends brings the Nasdaq back to positive for the month. Huh? |
| 0:57.0 | The Nasdaq 100 was the best day since July. The S&P 500 have more than 2.5% as long-time bear Mike Wilson of Morgan Stanley. |
| 1:06.0 | Now says the index could see a bear market bounce that takes it back above 4,000. |
| 1:11.0 | And take a look at the moves in big cap tech. Amazon jumping more than 6% and adding almost 70 billion to its market cap today. |
| 1:20.0 | What will Jeff Bezos buy? Now 12% above its June lows. |
| 1:25.0 | And does today's Monday surge suggest the bottom maybe finally in with stocks we've got a lot to talk about? |
| 1:32.0 | Is that your piece alright Dan? We're all on camera. |
| 1:37.0 | It's alright. We're doing one of these things. So good. |
| 1:39.0 | Let's do it. Let's do it. |
| 1:41.0 | I know where Guy Adamine is in some bunker somewhere but I'm going to start with him. |
| 1:45.0 | Guy, let's play dealer's choice. Shall we? Joker's wild. What was that game back then? |
| 1:50.0 | Joker's wild. No way Joker. |
| 1:52.0 | I just conflated shows. If you had to sort of pin down what's going on? |
| 1:58.0 | Sort of a bear market bounce. The UK maybe flip flopping what they're doing. |
| 2:03.0 | I doubt it was Mike Wilson but maybe it was Brian Wilson who knows. |
... |
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