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CNBC's "Fast Money"

Stocks near record highs with just 1 trading day left in 2023 12/28/23

CNBC's "Fast Money"

CNBC

Investing, News, Business

3.91.3K Ratings

🗓️ 29 December 2023

⏱️ 44 minutes

🧾️ Download transcript

Summary

The S&P just a few points away from an all-time high, can tomorrow’s last trading day of 2023 get it across the finish line? The traders break down some of December’s biggest winners. Plus… a financial focus. Fast Money Disclaimer

Transcript

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0:00.0

Morgan thank you very much and live from the NASDAQ market site in the heart of New York City's Times Square.

0:06.0

This is fast money and here is what's on tap tonight.

0:10.0

Striking distance, the S&P 500, just over a dozen points from an all-time high

0:14.8

the Dow closing at a record high and the NASDAQ while down slightly still up

0:20.0

44% this year. Can the market keep its mojo? We'll debate that one, plus all aboard.

0:27.8

The transport's having a red-hot December up 13% so far this month, 25% for the year, but can you still jump on the train trade?

0:37.0

Of course the transports are much more than just that.

0:39.0

And later, is the rebound in financials for real?

0:42.0

The options action on Apple and is Tesla. the I'm Tyler Matheson in for Melissa Lee coming to you live from Studio B at the

0:53.7

Nasdaq on the desk tonight Steve Grasso Courtney Garcia Mike Co and our

0:58.5

guest trader for the hour Chris Harvey from Wells Fargo securities securities welcome one and all.

1:04.4

And we begin with stocks clawing their way to all-time highs ahead of the year's final

1:08.4

trading day tomorrow.

1:09.9

The Dow closing at another record level, the S&P just points from a record and

1:15.1

the Nasdaq sort of essentially flat on the session. Small cap stocks among

1:19.5

December's biggest winners so far and there's just one day left. The Russell 2000

1:24.6

jumping almost 14% for the month today. Real estate also driving big games

1:30.7

rounding more than 9%.

1:32.8

It is the month's top S&P sector, by the way.

1:35.3

So is now a good time, folks, to pop the champagne and celebrate,

1:39.6

or should investors worry that a hangover is ahead.

1:42.8

Courtney, I'm going to begin with you,

...

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