Fast Money (talk show)
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Fast Money is an American
Program format
Most episodes feature regularly appearing traders: Guy Adami, Bonawyn Eison, Karen Finerman, Steve Grasso, Brian Kelly, Mike Khouw, Pete Najarian, Dan Nathan, Tim Seymour, and Nadine Terman.
History
The success of
On Fridays, beginning with March 5, 2010, the show was truncated to just 30 minutes as Options Action (also hosted by Melissa Lee) was aired in the 5:30 ET timeslot. Both Fast Money and Options Action are broadcast from the NASDAQ MarketSite.
In mid-2011, Fast Money was removed from the Friday night line-up altogether to make room for Money in Motion: Currency Trading (also hosted by Melissa Lee) which airs in the 5:30 ET time slot, while Options Action was moved up a half-hour to 5pm ET. On March 22, 2013, it returned to the Friday night lineup. The program airs the first half hour (5pm ET) followed by half hour of Options Action at 5:30pm ET. Money in Motion was removed from the CNBC lineup[4]
On October 13, 2014, Fast Money, along with CNBC's other business-day programs, were launched in full 1080i high-definition as part of a network-wide switch to a full 16:9 presentation.
On September 22, 2023, the Friday edition of Fast Money was extended back to 60 minutes, in line with its Monday-Thursday shows, after Options Action (the television program) was quietly cancelled the previous Friday (September 15, 2023).
Panelist changes
Strazzini was replaced by Najarian on May 18, 2007.[7] Bolling was replaced by Finerman on September 4, 2007. Seymour, who had appeared on the show as a substitute panelist, was made a regular in October 2008. Ratigan left the network on March 27, 2009 when his CNBC contract expired.[8] Ratigan was replaced by Lee, who sometimes filled in for Ratigan. Macke left CNBC on June 15, 2009[9]
Hosts
Current
- Melissa Lee ("The Emissary"; became permanent host in April 2009)
Former
- Dylan Ratigan ("The Commissioner"; 2006–2009)
- Erin Burnett ("The Heiress")+, now with CNN
- Matt Nesto ("The House")+
- Michelle Caruso-Cabrera ("La Princesa")+
- Melissa Francis ("The Empress")+, now with the Fox Business Network
- Simon Hobbs ("Simon Bar Sinister")+
- Amanda Drury+
- Becky Quick("The Contessa")+
- Tim Strazzini ("The Risk Doctor"; 2006–2009)
+ fill-ins
Panelists
Current
- Guy Adami ("The Negotiator"; 2006–present)[10]
- Julie Biel[11]
- Bonawyn Eison (2019–present)
- Karen Finerman ("The Chairwoman"; 2007–present)[12]
- Steve Grasso ("The Governor"; 2009–present)
- Courtney Garcia, CFP (2021–present), also on Worldwide Exchange, Closing Bell, and Power Lunch[13]
- Brian Kelly (“BK”; 2009–present)
- Mike Khouw ("The Professor"; 2009–present), also on Options Action
- Dan Nathan (2011–present)
- Tim Seymour ("The Ambassador"; 2007–present)
- Nadine Terman (2021–present)
- Carter Worth ("The Chart Master"; 2007–present), also on Options Action
- Tony Zhang (2019–present), also on Options Action
Former
- Fox News Channel
- Stacey Briere-Gilbert ("The Hammer"; 2007)
- Steve Cortes ("El Capitan"; 2009–before 2013)
- Dennis Gartman (2008–present)
- Zachary Karabell ("The Academic"; 2008–before 2013)
- Joe "JJ" Kinahan (2008–before 2013)
- Jared A Levy ("The Strategist"; 2009–before 2013)
- Jeff Macke ("The Lone Wolf"; 2006–2009)
- Pete Najarian("The Pit Boss"; 2007–2022)
- David B. Seaburg
- Tim Strazzini ("The Risk Doctor"; 2006–2007)
- Brian Stutland
- Joe Terranova ("The Liquidator"; 2008)
- Quint Tatro ("The Kentucky Kid")
- Jeff Mills ("The General")
Segments
The show has several distinct segments, including (but not limited to):
- Page Two: An in-depth discussion of some of the main business related stories of the day.
- Chart of the Day: This segment highlights a chart that corresponds to the day's specific stock.
- Trade Tomorrow: Lee and her panel zero in on the next day's/week's top three trades than can make you money.
- The Takedown: When one panelist disagrees with the other over a certain issue or comment.
- Trade School: If a member of the panel uses Wall Street jargon, Lee will decipher it for viewers (with an accompanying definition).
- Word On The Street: "Best money making chatter behind the scenes"; involves in depth discussion on the various stocks that have made recent news.
- Street Fight: CNBC contributor, Herb Greenberg, takes on the 4 panelists and challenges one of the stock picks each panelist has recommended, Ratigan (and now Melissa Lee) picks a winner after each "fight" by siding with the views of the panelist or Herb Greenberg.
- Chartology: This segment looks at a chart that corresponds to a specific index, along with technical analysis, usually from Fast Money panelist Carter Worth.
- Breaking News: Late-breaking business headlines (seen on live broadcast only).
- Pops & Drops: Lee and her panelists review stocks that have the big gains (pops) and drops during the day (or week).
- Fast Fire: Panelists are held accountable for their past bad picks and are confronted on-air. This segment is seen on Fridays.
- Stocks on Sale: Panelists asked Ratigan (the original host) whether or not a stock that is mentioned is on sale (very similar to the Lightning Round on Mad Money). This segment is no longer current.
- Sector Trade: A segment in which the traders pull the curtain on a hot stock, and tells viewers how to play it.
- Happy 52-Week High: Seen before and after the commercial break, this segment was about a stock that has just hit a new 52-week high on that day, along with a trivia question and facts about that particular stock. The answer to the question was revealed after the commercial break. This segment was discontinued in January 2008 and replaced by the Trader Radar (see below).
- Trader Radar: A successor to the Happy 52-Week High segment (and is similar to the one mentioned above), this segment is about a stock that "lit up Wall Street radar screens everywhere" on that day. The answer to the question is revealed after the commercial break.
- Take Your Position: The panelists give their specific thoughts related to an event, like a takeover or upcoming earnings.
- Face 2 Face: A viewer, via Webcam, asks a question about a specific stock to Lee and her panel.
- Grade the Trade: In this Friday segment (discontinued since October 2007), which involved college students who joined the show via Webcam, they had 30 seconds to answer a question asked by Ratigan. The panelists then graded his/her trade.
- Trade Update: One of the panelists will give an update to a previous trade they had recommended.
- Fast Money World: Fast Money panelist Tim Seymour reveals some international stock trades.
- Fast Message: Lee reads viewer Emails
- Surprise Friday Guest: In this segment seen each Friday, a surprise guest joins the panel.
- Fast & Furious: A Pardon the Interruption-style rundown of events happening the next day. The idea for the segment was pitched by former CNBC intern Jason Parks in May 2008.
- Would you Rather: If this, would you trade a position on a particular stock, versus another.
- Trade it or Fade it: “America’s favorite game” - Panelists decide on a specific stock to buy or stay away from/sell.
- Final Trade: The final segment of the show in which Lee and her panel reveal what your first move should be the next morning.
Programming and ratings
Fast Money's first 13 episodes (including one live audience broadcast) aired during the summer of 2006 in the Wednesday 8pm ET timeslot. Ratings were relatively low, with the program averaging a bit over 110,000 viewers per week. During the week of 2006-09-18, the program tried a new timeslot at 5pm ET, the plush timeslot with highly rated
Production
Fast Money broadcasts live weekdays at 5p ET from
As of January 2009, among the many contributors are producer Jason Farkas, and tape producers Heather Wilcox and Boaz Halaban, responsible for creating and delivering the final show to air, after creating special Avid Adrenaline edited elements by CNBC Staff Avid Editors such as Conrad deVroeg, Gary Princz, Diana Constantino, and Dave Lettieri, and constructing the show with CNBC Staff Grass Valley NewsEdit Editors Rich Uliasz, Cosimo Camporeale, Carolyn Shivey, Vanessa DiPietro, Keri Conjura, Diana Acosta, and Kelly Frisco.
Special editions
Dow drops 416
On 2007-02-27, a special edition of Fast Money, which covered that day's 416-point plunge on the
Wall Street's Worst Week since September 2002
On 2007-03-02, another special edition of Fast Money aired. This time, it was a look back at Wall Street's worst week in nearly 4½ years. Erin Burnett was the guest moderator of that episode (Dylan Ratigan was on assignment in
Fast Money: Live from Silicon Valley
On 2007-10-19, Fast Money was broadcast live from the
Fast Money 1st Anniversary
The Fast Money 1st Anniversary special was broadcast on 2008-01-15. This special edition showed memorable clips from its first year on the air from the NASDAQ (where Fast Money re-debuted on 2007-01-08), and also covered that day's 277-point plunge on the Dow. Michael Eisner, former Disney CEO and current host of his own CNBC show, Conversations with Michael Eisner, made a special guest appearance on this program.
Fast Money: Miami Advice
On 2008-02-29, Fast Money was broadcast live from
Fast Money: Trading Chicago Hope
The third Fast Money road show was broadcast live from the
Fast Money Now
These special half-hour editions of Fast Money were aired at 1pm ET during the 2008 Summer Olympics over two weeks, from 2008-08-11 to 2008-08-22. Due to CNBC's Olympics coverage, Fast Money Now (1pm ET) and Mad Money at the Half (1:30pm ET) were shown in place of the second hour of Power Lunch, while the hour-long editions of Fast Money (seen on a same-day tape delay) aired at 9pm ET.
Fast Money: Future of Wall Street
This special edition of Fast Money, which was broadcast from New York 2008-09-19 in front of a live audience, featured a guest appearance from activist investor Carl Icahn. This show was filmed in the Jazz at Lincoln Center—Allen Room. This show also covered that day's 369-point gain on the Dow.
Fast Money: Washington – The Way Forward
This edition of the Fast Money road show was broadcast live from the DAR Constitution Hall in Washington, D.C., on 2008-11-07. Guests included Keith Hennessey, assistant to the president for economic policy and Richard Brown, Federal Deposit Insurance Corporation chief economist. The panel included five members with Tim Seymour joining the regular crew.
Fast Money Tenth Anniversary
For the week of 2017-01-09, the tenth-anniversary editions of Fast Money were broadcast live from the NASDAQ MarketSite in New York.
Fast Money MBA Challenge
Students from the top business schools across America competed in the Fast Money MBA Challenge, which was also hosted by Dylan Ratigan. The shows were recorded at CNBC Global Headquarters in Englewood Cliffs, New Jersey, on 2007-07-14 and 2007-07-15. Fast Money MBA Challenge aired on 2007-08-01, 2007-08-08, 2007-08-15, and 2007-08-22, and were repeated on the following Sunday at 9PM and 12AM Eastern Time from 2007-08-05 through 2007-08-26.
Participating schools:
- UCLA Anderson School of Management
- Columbia Business School
- MIT Sloan School of Management
- Yale School of Management
- New York University Stern School of Business
- Tuck School of Business, Dartmouth College
- McCombs School of Business, University of Texas at Austin
- The University of Chicago Booth School of Business
The championship final of the Fast Money MBA Challenge was broadcast live from outside the
Worldwide simulcast
CNBC Asia
CNBC Europe
Until April 2025 CNBC Europe did not generally broadcast the programme live as the channel had opted to show weekly magazine programmes in that slot, although it was seen live when the news of the day merited extra live news programming. However it was shown on some years between November and March on a four-hour tape delay to fill the one-hour gap between the end of Street Signs and the start of Capital Connection, created by Europe not being on Daylight Saving Time.
References
- ^ a b Jensen, Elizabeth (October 2, 2006). "The Brashness Is Back in Money Talk, and Also at CNBC". The New York Times. Retrieved March 16, 2007.
- ^ Jensen, Elizabeth (October 2, 2006). ""Fast Money" to Join Primetime Lineup Monday, January 8th at 8pm". The New York Times. Retrieved April 19, 2023.
- Mediabistro.com
- ^ a b "CNBC Schedule Change for Fridays". CNBC. March 21, 2013.
- ISSN 0362-4331. Retrieved April 19, 2023.
- ^ a b ""Fast Money" To Join Primetime Lineup Monday, January 8th at 8pm" (Press release). CNBC. January 3, 2007. Archived from the original on January 14, 2007. Retrieved March 16, 2007.
- Mediabistro.com
- Morning Meeting, a new mid-day show on CNBC's sister network MSNBC.
- Mediabistro.com
- ^ "Guy Adami". CNBC. CNBC. March 30, 2011. Retrieved April 19, 2023.
- ^ "Julie Biel". CNBC. CNBC. January 31, 2023. Retrieved April 19, 2023.
- ^ "Karen Finerman". CNBC. CNBC. March 18, 2010. Retrieved April 19, 2023.
- ^ "Courtney Garcia, CFP". CNBC. CNBC. September 7, 2021. Retrieved July 20, 2023.
- ^ [1][dead link ]