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CNBC's "Fast Money"

S&P Inches Toward Record, and Trading the Leaders and Laggards for 2023 12/19/23

CNBC's "Fast Money"

CNBC

News, Investing, Business

3.91.3K Ratings

🗓️ 20 December 2023

⏱️ 45 minutes

🧾️ Download transcript

Summary

The S&P ended the day within 1% of its record close while the Dow notched its fifth straight day at an all-time high. Is it too late to get on board the bull rally, or is there more steam left in this engine? Plus, some industry archrivals put in vastly different performances this year. The traders weigh in on which ones are buys now. Fast Money Disclaimer

Transcript

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0:00.0

Good afternoon everybody live from the NASDAQ market site in the heart of

0:04.9

New York City's Times Square this is fast money and here is what is on tap

0:09.0

tonight riding the rally the Dow and NASDAQ up nine straight days,

0:14.6

while the S&P is up eight of the past nine sessions

0:17.9

and is within spitting distance of a record high.

0:21.5

Our investors to bold up for their own good, we'll debate that.

0:24.4

Plus Meta's mojo. From last year's Facebook, Face Plant to this year's

0:29.7

Inst Revival. Even with the stock up nearly 200 percent, one firm thinks Meta... a a Studs and Duds edition of Would You Rather?

0:43.4

From entertainment to autos to retail to industrial.

0:46.8

The traders will face off on this year's leaders and laggards

0:49.4

and who will win in 2024.

0:52.4

I'm Tyler Mathis and in for Melissa Lee,

0:54.0

glad you could join us

0:55.0

coming to you live from Studio B at the Aztec market site.

0:59.0

On the desk tonight, Tim Seymour

1:01.0

in an undisclosed location.

1:02.0

Karen Fireman sitting to my right. Tim Seymour in an undisclosed location.

1:02.6

Karen Fireman sitting to my right, Dan Nathan and Guy Adami join us as well.

1:07.5

And we start with the latest index.

1:09.2

It is inching toward a new record.

1:11.6

The S&P, rising nearly six-tenths of a percent today closing less than a

1:15.7

percentage point from its all-time high. The benchmark index is now up nearly

...

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