CNBC Fast Money July 13, 2024
Start the week even the dow the first record close in almost four months. Is this a breakout or a fakeout, pete it certainly feels like a breakout and when i look at the options world, we see nothing but huge buying right now. And weve seen it kind of moving in towards this in energy, in some of the financials but today it was the emerging markets. And dan and i talked about this months ago they were buying the eem, 250,000 in a single print and 30,000 here, 30,000 there. Fxi the same sort of story so it seems like everybody is planning for a breakout. Volatility shocked me, by the way. Its st...