The Real Read on the Rally
CNBC's "Fast Money"
CNBC
3.9 • 1.3K Ratings
🗓️ 9 March 2021
⏱️ 44 minutes
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| 0:00.0 | I'm Melissa Lee and this is fast money tonight straighter line up guide |
| 0:04.8 | dummy Tim Seymour Dan Nathan and James McDonald tonight on fast we're |
| 0:08.3 | charting the tech turnaround one top technician lays out the three best |
| 0:11.6 | looking charts in tech following today's monster move will bring in the |
| 0:14.7 | trades plus Tesla kicking into overdrive the stock rallying nearly 20% but |
| 0:20.0 | we spotted in the options market that could send Tesla cruising even higher |
| 0:23.6 | and later did Boeing just turn a major corner will bring in the big headline |
| 0:27.1 | that sent shares soaring today we start off with a Tuesday tech turnaround |
| 0:31.4 | and Nasdaq soaring more than three and a half percent today for his best |
| 0:35.0 | day since November Apple Amazon Facebook all rallying 3% or more but to |
| 0:40.6 | these monster moves reverse what's been going on in the markets for months |
| 0:43.9 | now take a look at this chart Apple versus Disney over the past six months |
| 0:47.5 | Disney is up more than 45% well Apple's basically been stuck in the mud |
| 0:52.1 | investors have been pouring money into the reopening trade abandoning |
| 0:55.1 | technology so given what's been playing out in the market over the past few |
| 0:58.8 | weeks should you believe in today's bounce or do you stick with the trend guy I |
| 1:05.7 | think it's a bit of a respite I don't believe the bounce I mean can it last |
| 1:09.0 | couple more days as I think today would happen at all I think a lot of it |
| 1:12.6 | has to do with some of the comments out of David tapriest today I think he's |
| 1:15.4 | sort of calm the fears of a lot of these bond vigilantes rates seem to stop |
| 1:20.2 | on a dime after his comments but I'm of the belief that rates are going to |
| 1:24.0 | continue to grind higher and that's going to put a bit of bit of kebash on |
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