Markets Stage Massive Rebound as Investors Await Fed, Earnings

CNBC's "Fast Money"

CNBC

Investing, News, Business

3.9 • 1.3K Ratings

🗓️ 24 January 2022

⏱️ 44 minutes

🔗️ Recording | iTunes | RSS

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Summary

The Nasdaq erased nearly 5% of losses on Monday to end the day in the green. Other indexes also closed out the day with gains. So has the bottom been put in for stocks, or with the Fed meeting and big tech earnings on deck, is there more pain to come. Plus the kick-off of our week-long Retail Revolution – we talk with one trader about how things have changed over the past year. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Transcript

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0:00.0	The life in the Nasdaq market said overlooking New York City's Times Square, this is Fast
0:05.9	Money.
0:06.9	I'm Melissa Lee.
0:07.9	Tonight's Trader lineup, Tim Seymour, Karen Feinerman and Dan Nathan and Nadine
0:10.4	Termin.
0:11.4	Tim will join us in just a minute.
0:12.4	Tonight on Fast, we're charting this comeback stock staging a big about face today.
0:16.4	So where we headed next, the chart master is breaking it down plus Wall Street's biggest
0:20.5	bear says get ready.
0:22.3	For more selling, Morgan Stanley's Mike Wilson is with us while he's calling for another
0:25.7	10% drop in stocks and we're all over the out there as action shares of IBM.
0:30.0	The stock popping on earnings with the company's call just getting underway will bring you
0:33.4	the latest from its quarter.
0:35.6	We start off with what became a massive comeback on Wall Street and has that fully erasing,
0:41.1	a nearly 5% loss early in the day to the close in the green.
0:45.3	The S&P which briefly entered correction territory as well as the Dow also managing
0:49.7	gains on the session.
0:50.7	This is markets get ready for a very big week.
0:52.9	The Fed meeting starts tomorrow on slew of earnings reports from Microsoft to Apple and
0:56.9	Tesla.
0:57.9	So has a market put in its bottom is a more pain to come and I'll ask you this question
1:03.8	Tim Seymour.
	...

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