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CNBC's "Fast Money"

Markets Rally to Records to Close the Week and Why Apple Might Have More Upside

CNBC's "Fast Money"

CNBC

Business, Investing, News

4.31.2K Ratings

🗓️ 9 July 2021

⏱️ 22 minutes

🧾️ Download transcript

Summary

Major indexes jumped on Friday with the S&P rising more than a percent and the Dow adding nearly 450 points. Apple also set an all-time high for the first time since January, and the Chart Master says prices can go even higher from here. Plus the one chart that might be keeping one of our traders up at night.

Transcript

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0:00.0

Tonight on Fast Tim is cooking Apple soaring to new all-time highs and the

0:07.8

chart master says break out the rally caps this record run just getting started

0:12.5

Carter word will break down the charts straight ahead speaking of charts Dan

0:17.4

says this chart should keep BK up at night what it is who it is and why this

0:24.2

weekend could be a critical moment for the trade then gearing up for earning

0:29.1

just look at all the big names after a poor results next week so enough to

0:33.8

make you say no thanks but don't worry we're cutting through all the noise to

0:38.4

bring you the four stocks to keep on your radar just four not five not three four

0:45.3

all right welcome everybody I am not felicity I am Brian Sullivan in for Melissa

0:49.9

tonight and your trader line up on this Friday Dan Nathan Brian Kelly Carter

0:54.5

worth and Nadine term welcome everybody let's get right to it because

0:58.9

apparently all the economic and covid variant worries that led to headlines in

1:04.7

the markets who in yesterday will they vanish today it was a nice Friday

1:09.4

rally to end the week and take the family to sizzler tonight if you want

1:13.2

because all three major indexes setting new records at the close the S&P

1:18.4

rising more than a percent the Dow jumping nearly 450 points that move was

1:24.4

enough to push the Dow positive for week like a boss snow plow all this

1:29.2

coming is bond yields broken eight day losing street but are still down 18

1:32.8

percent in three months so Dan Nathan will start with you was yesterday just

1:37.6

some kind of money flow related anomaly or maybe today was the odd day out in

1:44.6

an overall downtrend yeah you know so I think it had a lot to do with that

1:48.6

reversal in bond yields I know a lot of stock market investors were keep a very

...

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