Nasdaq Soars to 3-Month Highs on CPI Report and Breaking Down DIS Earnings 8/10/22
CNBC's "Fast Money"
CNBC
3.9 • 1.3K Ratings
🗓️ 10 August 2022
⏱️ 44 minutes
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| 0:00.0 | Right now and fast rally on the street stocks surge as inflation pressure eases just a bit. |
| 0:06.0 | Bang, travel, housing, banks, even a host of the growth e-names rocketing higher today. |
| 0:11.0 | Can the good vibes last will debate that plus Disney popping after hours of big beat |
| 0:15.0 | thanks in part to jam packed theme parks. |
| 0:17.0 | The company also announcing price hikes for Disney plus in a mega streaming milestone. |
| 0:21.0 | We'll go inside the numbers and later one of our traders is channeling his inner Kathy Wood. |
| 0:26.0 | Options action in the energy patch and Elon Musk's $7 billion stock sale. |
| 0:31.0 | I'm Melissa Lee. This is fast money life in the Nasak market. |
| 0:33.0 | I had on the desk tonight. Guaidami, Bono and Ice and Courtney Garcia and Dan Nathan. |
| 0:37.0 | We're going to get to those results out of Disney in just a moment, |
| 0:40.0 | but we start with a rip-roaring rally on Wall Street today, the Nasak Storing. |
| 0:44.0 | Nearly 3% posting its highest close since May 4th. |
| 0:47.0 | The S&P and Dow sharply hire as well. |
| 0:49.0 | The moves coming after a better than expected CPI report showing inflation moderating in July |
| 0:54.0 | as food and energy prices pulled back. |
| 0:56.0 | But should one encouraging print be enough to offset, be enough to get our hopes up, I should say. |
| 1:02.0 | Dan Nathan, what do you say? |
| 1:03.0 | I don't think so. I think if we, like, how did the week start? |
| 1:06.0 | We had this revenue warning by Nvidia. |
| 1:08.0 | We had, you know, microns warning the next day. |
| 1:11.0 | You know, I just don't see like the fact that we had this print that was a little cooler than expected. |
| 1:15.0 | I think that was kind of the consensus here. |
... |
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