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CNBC's "Fast Money"

Nasdaq Goes Negative for November, and a Cyber Stock Breaks Down 11/29/22

CNBC's "Fast Money"

CNBC

News, Investing, Business

3.91.3K Ratings

🗓️ 29 November 2022

⏱️ 44 minutes

🧾️ Download transcript

Summary

Markets were mixed after a choppy session on Wall Street, but the Nasdaq closed down for a third straight day and fell into negative territory for November. So what should we expect as we head into the last month of the year? Morgan Stanley’s Mike Wilson joins with his thoughts. Plus shares of Crowdstrike plunging after issuing disappointing earnings guidance. We dig into what’s next for the stock and the sector. 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

Right now in fast, no bottom in yet.

0:03.0

Morgan Stanley's Mike Wilson says we've got

0:05.0

a ways to go before markets start their real comeback.

0:07.0

We'll find out just how much more he says we have to drop.

0:10.0

In Sour Apple, shares of the tech giant down 5% already this week,

0:14.0

the latest headlines that send shares lower

0:16.0

and we're the biggest company in the country is going from here.

0:19.0

Plus, as a time to dip into chips,

0:21.0

the sector beaten down over the past year,

0:23.0

but one top analyst has got a few names he thinks are right for the picking.

0:26.0

We'll find out what they are and a cyber breakdown shares

0:29.0

of crowds strike plundering to more than two year lows

0:32.0

after its latest earnings report.

0:33.0

We're digging into those numbers.

0:34.0

We'll bring you the trade.

0:35.0

I'm Melissa Lee.

0:36.0

This is fast money.

0:37.0

We're live with the Nasak Market site in the heart of Times Square

0:39.0

on the desk tonight.

0:40.0

Tim Seymour, Dan Nathan, Guy Dami, and Steve Grasso.

0:43.0

We start off at the choppy session for stocks,

0:45.0

the S&P, and Nasak falling for a third day in a row

...

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