Risks to the Rally? And a Big Warning for Small Caps

CNBC's "Fast Money"

CNBC

Business, News, Investing

3.9 • 1.3K Ratings

🗓️ 19 November 2021

⏱️ 22 minutes

🔗️ Recording | iTunes | RSS

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Summary

Austria on lockdown and rising COVID cases in the U.S. Could another wave of the virus halt the market progress? Plus small caps broke out of a nine-month trading range early this month. But the Chart Master sees cause for concern in the space. 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	Live from the Nasdaq Market Sight in Times Square.
0:02.0	This is Fast Money.
0:03.0	I'm Courtney Reagan in this evening for Melissa Lee.
0:05.1	Tonight's straighter lineup, Guy Adamic,
0:07.0	Karen Byterman, Dan Nathan, and Nadine Termin.
0:09.6	Tonight on Fast, the big warning for small caps.
0:12.5	The char master sees trouble viewing,
0:14.6	hurling in the charts.
0:15.9	Carter Worth is here to break down the trade.
0:18.0	Plus, foot locker plunging today, despite a big beat.
0:21.4	We'll tell you what set foot locker
0:22.9	into the hurt locker today.
0:25.2	And later, our chart of the week, the mega cap stock
0:28.3	on a stealth tear.
0:29.7	It's closing in on a new all-time high.
0:31.8	The name and how to trade it, that's straight ahead.
0:35.1	But we start with a new wave of COVID concerns.
0:37.3	The broader market on edge today as Austria
0:40.0	declares a nationwide lockdown in Germany
0:42.4	puts new restrictions in place for the unvaccinated.
0:45.4	Back here in the US, new cases are starting to tick up.
0:48.2	The seven-day average is up 31% in the last two weeks.
	...

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