New Wave of Selling? 05/09/22

CNBC's "Fast Money"

CNBC

News, Business, Investing

3.9 • 1.3K Ratings

🗓️ 9 May 2022

⏱️ 44 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Rate rising and stocks tanking, Fast Money traders’ break down the big market sell off. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Transcript

Click on a timestamp to play from that location

0:00.0	right now on fast the Monday
0:02.0	selloff on the street. The major
0:04.0	average is getting hammered again.
0:06.0	Tech getting hit the hardest. The
0:08.0	Nasak now down over 25% this year.
0:10.0	We'll go inside the staggering
0:12.0	market cap destruction coming up.
0:14.0	Plus bank soft blues names like
0:16.0	JP Morgan City Morgan Stanley
0:18.0	Goldman Bank of America all
0:20.0	down more than 17% this year.
0:22.0	Tonight, one of our traders is
0:24.0	wondering are banks so bad they could
0:26.0	be good and later the crypto collapse
0:28.0	Bitcoin falling out of bed dropping
0:29.0	in just the last week.
0:31.0	Have the holdlers and the meme
0:33.0	maniacs lost their nerve last
0:35.0	for Bitcoin baller. I'm Melissa Lee.
0:37.0	This is fast money life of the Nasak
0:39.0	market. I've been the harder time
0:41.0	square on the desk tonight.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from CNBC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of CNBC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.