Stocks Rally Ahead of Big Tech Earnings 10/21/22
CNBC's "Fast Money"
CNBC
3.9 • 1.3K Ratings
🗓️ 21 October 2022
⏱️ 22 minutes
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| 0:00.0 | Fast Money is right now, right now and fast. We're cutting down to big tech earnings. |
| 0:05.1 | Apple, Amazon, Alphabet, Microsoft, Meta, all of them on the calendar for next week. |
| 0:09.1 | What you should be watching in these reports and how you should be playing these names. |
| 0:13.5 | Plus, healthy gains. Vaccine makers getting a big shot in the arm today. |
| 0:17.5 | Get it? And they're not the only one set to skyrocket higher. |
| 0:20.2 | The chart masters here with a look into these trades. And later on, |
| 0:23.7 | Gushing Profits, one little company notching its best earnings report in seven years. |
| 0:28.0 | But, can these gains continue? We will find out. |
| 0:30.8 | I am Frank Holland in for Miss Melissa Lee. |
| 0:32.9 | This is Fast Money Life on the Nasdaq Market Site right in the heart of Times Square. |
| 0:36.4 | And on the death tonight in all starcasts, Tim Seymour, Steve Grasso, |
| 0:39.6 | Guyadami, and Julie Beale. |
| 0:41.7 | And with that, we start with a strong rally to wrap up the week. |
| 0:44.4 | The major indexes are indices, whichever we want to say. |
| 0:46.8 | It all closing up more than 2% with it all finishing just shy of its 50-day moving average |
| 0:52.1 | for the very first time since September the 12th. |
| 0:55.0 | It's now up three weeks in a row. It's longest winning streak since last November. |
| 0:58.4 | The S&P of the Nasdaq also posting solid gains today. |
| 1:01.5 | Meanwhile, we saw some big, |
| 1:02.9 | intraday swings and some other markets. Take a look. |
| 1:06.2 | The yield on the two-year treasury swinging nearly 20 basis points from high to low. |
| 1:10.4 | And the greenback, the dollar, finishing the day nearly 2% off of its intraday high. |
... |
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