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CNBC's "Fast Money"

The One Stock Bucking the Market’s Down Trend and Where One Crypto Expert Says Bitcoin is Heading Next

CNBC's "Fast Money"

CNBC

News, Investing, Business

3.91.3K Ratings

🗓️ 30 September 2021

⏱️ 89 minutes

🧾️ Download transcript

Summary

Markets ended Q3 on a down note, with the S&P dropping a percent and closing out its worst quarter since Q1 2020. But one big tech stock was able to manage sizable gains today. We dive into what’s helping Netflix break out to new highs. Plus one expert says bitcoin prices could more than double over the next three months. What she says is going to drive the crypto higher. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Transcript

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0:00.0

Live from the Nasdaq Markets, I've overlooking New York City's Times Square.

0:04.9

This is Fast Money.

0:05.9

I'm Melissa Lee.

0:06.9

Tonight's straighter lineup.

0:07.9

Guy Dami, Tim Seymour, bottom in ice and in Pete and a Jerry and co-founder of Market

0:11.5

Rebellion.com.

0:12.5

Tonight on Fast, clean up in the aisle nine shares of Bet Bath and Beyond, tanking today

0:16.6

will tell you what sent this stock onto its worth stay since June, plus a big call on

0:21.2

crypto.

0:22.2

One of the biggest names in the trade says, get ready for Bitcoin to double before the

0:26.9

end of this year.

0:28.3

We will lay out how we get there and later, Pete is taking the mound to throw out his

0:32.2

best idea why he thinks this bank stock is ready to rock.

0:35.8

We start off at the late session, so off to close the books on one of the roughest quarters

0:40.3

out there.

0:41.3

S&P 500 dropping 1.2% today while the Dow fell nearly 550 points, all three major averages

0:47.7

handy in their worst quarters since Q1 of last year.

0:51.6

So what's the setup as we head into the final three months of the year?

0:55.4

Guy, what do you say?

0:57.5

Well, I didn't see that one coming.

0:58.5

I thought quarter and month and you'd get a little window dressing and we'd actually

1:01.7

close positive today, so clearly that didn't take place.

...

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