4.3 • 1.2K Ratings
🗓️ 16 December 2024
⏱️ 44 minutes
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| 0:00.0 | Live from the NASAC market site in the heart of New York City's Times Square, this is fast money. |
| 0:06.9 | Here's what's on tap tonight. |
| 0:08.2 | Major momentum. |
| 0:09.3 | Two of the hottest trades since Election Day have been highly tied to the crypto space, but can the rally keep rolling? |
| 0:14.9 | And what's the mean for the names being left in the dust? |
| 0:17.4 | And soft bank's big investment, CEO Masasan meeting with President's elect Trump in Trump and Mar-Lago and pledging $100 billion in U.S. projects, what it could mean for |
| 0:25.2 | the economy and for other AI investments. Plus, a recently not-so-magnificent stock in the |
| 0:30.5 | Mag 7, Capri, reportedly looking to offload some of its luxury portfolio. In Starbucks, |
| 0:35.9 | the shares, they're getting decadinated. The story is behind all those moves. |
| 0:39.8 | I'm Melissa Lee. Come to you live from Studio B at the NASDAQ. I'm the desk tonight. Tim Seymour, |
| 0:43.6 | Karen Feinerman, Dan Nathan, and Lori Calvesina, head of U.S. Equity Strategy at RBC. Welcome Lori. |
| 0:49.4 | And we start off with the latest signs of momentum shift in the market. The Dowenotching is 8 eighth straight down day, shedding 110 points for its longest losing streak since 2018. |
| 0:57.7 | Meantime, the tech-heavy NASDAQ at all-time high, surging more than a percent to close |
| 1:02.0 | at a record of 20,173, and two big momentum trades soaring again today. |
| 1:08.0 | Bitcoin touching a fresh all-time high, topping $107,000 for the first time. |
| 1:14.1 | Cryptoproxy Microstrategy happened up more than 7% after news late Friday that the stock will |
| 1:19.6 | be added to the NASAC 100 next week. The gains fading in afternoon trade, but shares still up nearly |
| 1:25.3 | 550% this year. |
| 1:28.9 | Microstrategy outperforming Bitcoin by almost 30% just since Donald Trump was elected |
| 1:34.5 | president. |
| 1:35.4 | So what is the outperformance signaling to you? |
| 1:38.9 | Because it could be a broader market, you know, signal, Tim, or it could be Bitcoin-specific? |
... |
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