| Fast Money | |
|---|---|
Logo while Ratigan was host |
|
| Genre | Stock trader talk show |
| Created by | Dylan Ratigan and Susan Krakower[1][2] |
| Presented by | Melissa Lee (host) Karen Finerman Pete Najarian Guy Adami Tim Seymour Joe Terranova |
| Country of origin | United States |
| Language(s) | English |
| Production | |
| Location(s) | NASDAQ MarketSite, New York City |
| Camera setup | Multi-camera |
| Running time | 60 minutes (30 minutes on Fridays since March 5, 2010) |
| Broadcast | |
| Original channel | CNBC |
| Original run | June 21, 2006 – present |
| Chronology | |
| Related shows | Mad Money, On the Money |
| External links | |
| Website | |
Fast Money is an American financial stock trading talk show that began airing on the CNBC cable/satellite TV channel on 2006-06-21. Since October 10, 2007, it has broadcast every weeknight at 5pm ET, one hour after the close of trading on the New York Stock Exchange, until mid-2011 when it was moved to just four nights per week, Monday through Thursday, to make room for special option and currency trading shows on Friday evenings.[3] The show originates from the NASDAQ MarketSite in New York City.
Melissa Lee anchors a fast-paced discussion among four professional Wall Street traders. The group discusses various investment strategies, including technical analysis, and debate the merits of each other's arguments for or against a particular stock or sector. The show covers topics such as options trading, commodities, and exchange-traded funds.
Most episodes feature regularly appearing traders: Pete Najarian, Guy Adami, Karen Finerman, Tim Seymour, and Joe Terranova.
The success of Mad Money prompted CNBC to look to replicate that success with another show. Fast Money was created by Dylan Ratigan and Susan Krakower, Vice President of Strategic Programming and Development,[2][4] as a spin off from a weekly segment that first aired in the May 2006 episodes of On the Money. The show originally aired from CNBC headquarters in Englewood Cliffs, New Jersey, with Ratigan as host, and a regular panel of Jeff Macke, Guy Adami, Tim Strazzini, and Eric Bolling and added Brian Kelly as a man with an Irish name who seems anything but Irish.[1] By January 8, 2007, it became a weekday show with its studio at the NASDAQ MarketSite.[4]
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 "Currency in Motion" which airs in the 5:30 ET time slot, while "Options Action" was moved forward to 5:00 ET.
Strazzini was replaced by Najarian on May 18, 2007.[5] 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. After published rumors of conflict with Fast Money co-creator Susan Krakower,[2] Ratigan left the network on March 27, 2009 when his CNBC contract expired.[6] Ratigan was replaced by Lee, who sometimes filled in for Ratigan. Macke left CNBC on June 15, 2009[7]
Substitute hosts include Melissa Francis, Becky Quick, and Erin Burnett. Also, when a regular panelist is not available, substitute panelists are used in his place. Fill-ins include Pete's brother, Jon Najarian of OptionMONSTER.com, Tim Seymour, founder of Seygem Asset Management, Carter Worth, chief market technician at Oppenheimer & Co., Joe Terranova, Chief Alternatives Strategist at Phoenix Investment Partners, Quint Tatro, Tatro Capital, Zachary Karabell, President of River Twice Research, Joe Kinahan, chief derivatives strategist at thinkorswim and Jared A. Levy, senior derivatives specialist at PEAK6 Investments.
+ substitute
The show has several distinct segments, including (but not limited to):
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 Closing Bell serving as the lead-out (bumping Kudlow & Company to 8pm for the week). Here the show flourished, nearly doubling its viewership average to 211,000 viewers (on-par with what K&C normally gets). The 5pm ET timeslot, while successful, bumped Kudlow & Company to 8pm. This brought the show's ratings down substantially compared to where they were before the temporary move. After its successful 5pm test run during the week of 2006-09-18, CNBC retried the program again at 8pm the week after. CNBC had hoped it may have gained some traction after the increased viewership from the week prior. The show did not. Ratings were roughly on-par with the summer 2006 airings.
Fast Money is recorded at the Times Square New York, New York, street-level studios of the NASDAQ by CNBC, a national cable television network previously owned by NBC Universal and GE, now majority owned by Comcast as of January 28, 2011 (Comcast Corporation owns a controlling 51% interest in NBCUniversal, with GE holding a 49% stake).[8]
The show is recorded weekdays for air at 5 p.m. (ET). As the show is being ingested digitally in the Thomson Grass Valley MAN, the show is assembled by the editor and producer to be made into the first-run air product viewers watch Monday through Thursday at 5 p.m. (ET).
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.
On 2007-02-27, a special edition of Fast Money, which covered that day's 416-point plunge on the Dow Jones Industrial Average, aired. It was rebroadcast at 1am ET, pre-empting that night's scheduled airing of The Big Idea with Donny Deutsch.
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 Washington, DC when it aired).
On 2007-10-19, Fast Money was broadcast live from the Computer History Museum in Mountain View, CA.[9] This special edition also covered that day's 367-point plunge on the Dow, which coincidentally, occurred 20 years to the day it lost 508 points, or 22.6% of its value on Black Monday.
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.
On 2008-02-29, Fast Money was broadcast live from Coral Gables, FL (a suburb of Miami). This special edition also covered that day's 315-point plunge on the Dow. Jack Welch, former Chairman and CEO of General Electric (the parent company of CNBC) and retiring NBA star Alonzo Mourning made special guest appearances on this program, which was also the first Fast Money to be filmed outdoors.
The third Fast Money road show was broadcast live from the Cadillac Palace Theatre in Chicago on 2008-05-16. Making special guest appearances in this edition were CME Chairman Terry Duffy, personal finace guru Suze Orman (host of CNBC's The Suze Orman Show) and Playboy Enterprises CEO Christie Hefner.
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.
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.
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.
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, NJ 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:
The championship final of the Fast Money MBA Challenge was broadcast live from outside the NASDAQ Marketsite in New York City on 2007-08-22. In that championship final, Yale faced Texas for the $200,000 prize. After six weeks, the $200,000 prize was won by Yale.
Currently, Fast Money is not seen on CNBC Europe as that channel instead airs broadcasts of CNBC documentaries in that timeslot. However, as of 2007-10-10, this program is seen on CNBC Asia Tuesdays to Saturdays 5AM SIN/HK/TWN Time LIVE during the Daylight Saving Time period in the US until 2007-11-02. Without DST, CNBC Asia only broadcasts "LIVE" Friday (US time) edition of Fast Money on Saturdays morning at 6am SIN/HK/TWN time, and rerun version of Mondays to Wednesdays US time editions are aired from Tuesdays to Thursdays at 12pm SIN/HK/TWN time.
Fast Money Halftime Report is an American financial stock trading talk show that airs from noon-1 ET on CNBC. This show, which follows the same format as the 5pm show, debuted July 7, 2010. It spun off from a segment on Power Lunch, which itself moved to 1 ET from noon ET on July 7, 2010 and had its runtime cut in half from 2 hours to 1 hour. Unlike Fast Money, this halftime market show is hosted by Scott Wapner, and is broadcast live from CNBC Global Headquarters in Englewood Cliffs, NJ.
Originally aired as a half-hour show, the Fast Money Halftime Report doubled its runtime from 30 minutes to 60 minutes on October 17, 2011 and also moved up to the noon ET timeslot. The newly-expanded hour-long show replaced The Strategy Session, which was cancelled October 14, 2011 as a result of very low ratings.
|
|||||||||||||||||
|
|||||||||||||||