Markets Snap Three-Week Win Streak, and a Big Bullish Call on Live Concerts

CNBC's "Fast Money"

CNBC

Business, Investing, News

4.3 • 1.2K Ratings

🗓️ 16 July 2021

⏱️ 22 minutes

🔗️ Recording | iTunes | RSS

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Summary

Major indexes closed near their lows of the day Friday, with the S&P, Dow and Nasdaq all closing near session lows. So how are the traders setting up after Friday’s sell-off? Plus Goldman Sachs putting out a big bullish call on Live Nation. Why one of the traders says the world’s biggest concert promoter is in for a very big year.

Transcript

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0:00.0	Welcome to Fast Money Tonight, get your glow sticks.
0:03.1	Live music is back, and that could mean big things
0:05.9	for the world's largest concert promoters.
0:08.4	Why one of our traders says live nation
0:10.5	is going to have a very big year.
0:13.0	And Viva Brazil, the recent reforms that one of our traders
0:16.5	says are creating new opportunities in the Latin American
0:19.7	country, how the deaths is playing them.
0:22.2	Plus, stay tuned for a bonus edition of Fast,
0:25.0	where we dive into the China wrist.
0:27.0	What Beijing's tech crackdown means for business
0:29.4	in the country for trade with the US
0:31.6	and for your portfolio?
0:33.6	That's all coming up at 6 p.m. Eastern time.
0:38.6	Welcome, everyone.
0:39.3	I'm Deirdre Bosa in Formalissa Lee.
0:41.2	Tonight's Trader lineup, Tim Seymour, Karen Feynerman,
0:44.3	Bonwin Eisen, and Jeff Mills.
0:46.8	Hello, everyone, thrilled to be here.
0:48.7	And we might as well get right to it.
0:50.6	Markets losing steam in a big way
0:52.8	at the end of the session with the S&P,
	...

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