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CNBC's "Fast Money"

The Biden Bounce and the Perfect Portfolio for the New Administration

CNBC's "Fast Money"

CNBC

Business, Investing, News

4.31.2K Ratings

🗓️ 20 January 2021

⏱️ 49 minutes

🧾️ Download transcript

Summary

Markets closing at new records as Joe Biden is sworn in as the 46th President of the United States. But what stocks are set to benefit most from the new administration’s policies. The traders pick out their portfolios for the new term.

Transcript

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0:00.0

I'm Melissa Lee and this is Fast Money.

0:04.0

Tonight's trader line up.

0:05.0

Gai Domi, Tim Seymour, Karen Feinerman and Steve Grosso.

0:07.3

Tonight on Fast, the Biden bounce.

0:09.2

Stocks roar to record highs as Joe Biden takes office.

0:12.2

So we are breaking out our presidential

0:14.3

portfolios. Each trader has a three name they are betting on under this new

0:18.4

administration. Plus we are drilling down on the energy trade. One top analyst is

0:22.4

making the bull case for big oil

0:23.8

under Biden. He'll tell us why and later Baba goes gaga we'll tell you about the

0:28.8

38 billion dollar move all thanks to a single piece of video. We start off with an historic day in

0:35.0

Washington.

0:37.0

I Joseph Robinette Biden Jr. do solemnly swear that I will faithfully execute the

0:46.8

office of president of the United States office of president of the United

0:51.0

States.

0:52.0

Joe Biden's warning is a 46 President of the United States.

0:53.0

Joe Biden sworn in is a 46th President of the United States of America and he's got a

0:57.6

lot to tackle in his first 100 days.

0:59.7

Let's get to Kaye Tashi live in Washington with what is on the agenda and what investors need to watch.

1:04.4

Kala.

1:05.4

Melissa, after a Solomon serious morning is celebratory if truncated parade to the White House,

1:10.2

President Biden is now settling in for the work of governing.

...

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