Short Squeeze Stampede
CNBC's "Fast Money"
CNBC
3.9 • 1.3K Ratings
🗓️ 25 January 2021
⏱️ 52 minutes
🧾️ Download transcript
Summary
Transcript
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| 0:00.0 | I'm Scott Wopner and you're listening to |
| 0:02.6 | C. NBC's halftime report, The Podcast, The Most Profitable Hour of the |
| 0:07.5 | Trading Day. We record this live weekdays at 12 Eastern, listen in. |
| 0:15.0 | Welcome to the halftime report. |
| 0:16.2 | I'm Scott Wopner, front and center of this hour. |
| 0:17.8 | A mania like we've rarely seen in the stock market. |
| 0:20.2 | The Reddit induced short squeeze pushing some names to meteoric rises in a matter of days, in some cases minutes. |
| 0:26.4 | Game Stop, obviously at the forefront, not the only one though. |
| 0:29.6 | We've got the latest on what's going on and why and what it means to your money. We also have the huge |
| 0:34.6 | week ahead for earnings. 13 Dow components, Apple, Microsoft, Facebook, all reporting |
| 0:40.0 | in the coming days. We'll get you all set up for that too with the investment |
| 0:44.6 | committee Joe turnover here Steve Weiss is here Pete Nigerian and Bryn |
| 0:48.4 | Talkington is the managing partner at requisite capital management we begin begin though with GameStop, the phenomenon we all have been witnessing as you look at the |
| 0:56.6 | major averages there, GameStop all the way on the left. |
| 0:59.3 | Yeah, 54% looks pretty good. |
| 1:01.8 | Until you consider that the stock was up better than 100 percent at one point today |
| 1:07.0 | and maybe about an hour or so ago. |
| 1:10.0 | So that stock remains very much in focus. |
| 1:12.0 | Steve Weiss, you've seen a lot of markets, |
| 1:14.1 | you've seen a lot of crazy things within crazy markets. |
| 1:17.4 | I'm wondering how you're viewing this |
| 1:19.6 | and what do you think investors should be thinking about |
... |
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