The Trade That Made Us Go “Hmm…” And Countdown to Netflix Earnings 4/17/23
CNBC's "Fast Money"
CNBC
3.9 • 1.3K Ratings
🗓️ 17 April 2023
⏱️ 44 minutes
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| 0:00.0 | Right now in fast fears, building about the trouble ahead in the $20 trillion commercial |
| 0:05.8 | real estate market with office space in major cities sitting empty. |
| 0:09.0 | The economy is slowing in prices for many of the major reeds getting rock. |
| 0:12.6 | It has one of our traders wondering if the sector is so bad, it's good. |
| 0:16.8 | Plus search substitute shares of alphabet falling on worries that Samsung could hang up |
| 0:20.9 | on Google and switch to being for its mobile phones. |
| 0:23.8 | What kind of dent would this have on alphabet search dominance? |
| 0:27.0 | And later marks $11 billion biotech buy towards some slush related surge and Netflix chilled |
| 0:32.6 | ahead of tomorrow's results. |
| 0:34.0 | I'm Melissa Lee. |
| 0:35.0 | This is Fast Money Life in the Nasdaq Marketside Full House here tonight. |
| 0:38.1 | Steve Grasso, Karen Feinerman, Dan Nathan, and Tim Seymour. |
| 0:41.4 | We start off with that trade that made us go, hmm, someone on this desk dipping their |
| 0:45.8 | toe in the much beaten down office reeds space buying small stakes in a couple stocks that |
| 0:51.0 | have already been hit hard this year for NATO Realty and Boston properties. |
| 0:55.4 | So both were up to date, they've each lost more than 20% in 2023, the two worst performing |
| 1:00.6 | reeds in the sector, in fact. |
| 1:02.3 | And both face continued headwinds from the regional banking crisis in the looming recession. |
| 1:06.9 | So Karen, what sparked your interest in these two? |
| 1:11.2 | Well, just so bad, it's good. |
| 1:13.4 | Like if you thought, where should I short something now? |
| 1:16.2 | This would come first to mind, right? |
... |
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