Word On The Street
Melissa Lee hosted CNBC “Fast Money” show Wednesday night. She started the show with a discussion of how the market has hit levels not seen before during the current global financial crisis. Jeff Macke said today confirmed that General Motors (GM) CEO Rick Wagoner has no plans for bankruptcy. “He had no […]

Word On The Street
Dylan Ratigan hosted CNBC “Fast Money” show Monday night. He started the show with a discussion of how stocks are near new credit crisis lows. Guy Adami said he thought the Dow would have traded above 9,000 today. He says “if the Dow closes below 7,800, we will see 6,000 next.” Tim […]

Word On The Street
Dylan Ratigan hosted CNBC “Fast Money” show Friday night. He kicked the show off with a discussion of some large stock purchase by some well-known “Wall Street Whales.” He explained that hedge fund manager George Soros increased his stake in Wal-Mart (WMT). Jeff Macke says “you can go broke chasing these whales, […]

Word On The Street
Dylan Ratigan hosted CNBC “Fast Money” show Thursday night. He began the show with a discussion of the 10% intraday range in the Dow and the big move in crude oil. Pete Najarian said the trading range in the volatility index he saw today, is normally seen in weeks. He says “if […]

Word On The Street
Dylan Ratigan hosted CNBC “Fast Money” show Wednesday night. He started the show with a discussion of the three major issues in the market right now: a lack of confidence, hedge funds and many investors remain on the sidelines and the fundamental aspects of this economy continue to deteriorate. He said […]

Word On The Street
Dylan Ratigan hosted CNBC “Fast Money” show Tuesday night. He started the show with a discussion of Goldman Sachs Group (GS). He mentioned that Goldman CEO Lloyd Blankfein spoke at a Merrill Lynch conference today. Blankfein was quoted as saying “our reformation as a bank holding company isn’t having a material impact […]

Word On The Street
Melissa Lee hosted CNBC “Fast Money” show Monday night. She kicked the show off with a discussion of China’s $586 billion stimulus plan. Tim Seymour said he got the sense that China was pre-buying their news on Friday afternoon. He says “it was a strange day and there was light trading.” Jeff […]

Word On The Street
Dylan Ratigan hosted a special CNBC “Fast Money” show Friday night live from Washington D.C. He began the show with a discussion of President-elect Barrack Obama’s speech. Karen Finerman said Obama made it clear that nothing bad that happens until January 20 is his fault. Jeff Macke said it was a disappointing […]

Word On The Street
Dylan Ratigan hosted CNBC’s “Fast Money” show Thursday night. He started the show with a discussion of the declines in General Motors (GM), Cisco Systems (CSCO) and Walt Disney (DIS). Karen Finerman said the global growth story continues to unravel. She says “the ArcelorMittal (MT) news yesterday was really horrific.” Tim Seymour […]

Word On  The Street
Dylan Ratigan hosted CNBC’s “Fast Money” show Wednesday night. He began the show with a discussion of the 5% drop in the S&P 500. Ratigan said viewers can blame today’s selloff on a post-election hangover, huge cutbacks in the steel industry that does not bode well for the economy and anticipated job […]