Fast Money's Bullish Chart Trades
4067 views
Rate Now: 1 2 3 4

average rating: 0.00 / 0 ratings
Created by barrons2
DESCRIPTION:

Date updated:07-02-2008

Dan Fitzpatrick, President of Stockmarketmentor.com, came on the show to talking about some stocks on a technical standpoint.

symbol name last price % change open
  • +
  • HES
    Hess Cp
  • $57.03
  • -1.64%
  • $57.91

Fitzpatrick says trends in the charts of 3 companies appear to be bullish. They are Hess (HES), Aecom Technology (ACM) and Petrobras (PBR). All could be worth a look.

People owning HES also tend to own: AFLBABACBAXBENCMCSACSCO

TheStreet.com Rating: C What is this?

  • +
  • ACM
    Aecom Technology
  • $25.80
  • 0.00%
  • $N/A

One stock he particular believes will do will for the latter half of the year is AECOM Technology (ACM). He says AECOM is a buy. Najarian, agreed with everything Fitzpatrick picked, especially with AECOM, a stock Najarian owns.

People owning ACM also tend to own: ABBADVNBBIIBBRCDCELGESLREWS

TheStreet.com Rating: D What is this?

  • +
  • PBR
    Petroleo Brasilei
  • $38.20
  • -1.50%
  • $38.66

Fitzpatrick says trends in the charts of 3 companies appear to be bullish. They are Hess (HES), Aecom Technology (ACM) and Petrobras (PBR). All could be worth a look.

People owning PBR also tend to own: AAPLAPAAUYBPCCMECOP

TheStreet.com Rating: B What is this?

Portfolio not tracked!

Comments not available

ADD YOUR COMMENTS:

Must-See Charts: Ralcorp, Del Mo...

By Jonas Elmerraji Posted on Feb. 9, 2010 With stocks continuing to underwhelm in yesterday’s trading session, the attention is turning toward trading. After all, tec...

02.09.10 | 12:06 PM
This Week's 'Barron's' Roundup

By Roberto Pedone Posted on Feb. 8, 2010 Good Buys For Bad Times: This Barron’s article says with the U.S. economy expected to grow by only 3% in 2010, investors shou...

02.08.10 | 16:28 PM
Cramer's Take on Headline Stocks...

Posted on Feb. 8, 2010 Finance Professor Scott Rothbort will be answering questions on Stockpickr Answers on Monday, Feb. 8. Ask away! Regardless of why a stock is in...

02.08.10 | 14:45 PM
Rocket Stocks for the Week

By Jonas Elmerraji Posted on Feb. 8, 2010 Finance Professor Scott Rothbort will be answering questions on Stockpickr Answers on Monday, Feb. 8. Ask away! Investor an...

02.08.10 | 08:39 AM
more articles
The Presidential/Political Thread
01.02.08 | 08:05 AM From author Dave Cox
Everything Goldman Sachs. The in...
01.11.10 | 12:54 PM From author DogBones
Nymph's Trading Daily Trading Diary
04.13.09 | 01:10 AM From author Trading Nymph
Here is a Hidden Gem - FLL
01.15.10 | 18:19 PM From author adrianpena
more forums
Q. is MMR a good spec trade on oil
02.09.10 | 20:35 PM Asked by BS7518

A. One of the best of breed oil service
sector stocks would have been a better
bet during this most recent market
correction.

MMR does have strong strength in
ownership; however, the stock price run
up has already been 158% in the last 12
months yet has had a stock price
decrease of 24% in the past 3 months.

Serious consideration to buy MMR must
include being honest with a current PE
that is negative and more than one
analyst has significantly decreased
quarterly earnings estimates . . . which
leads to uncertainty, lack of
consistancy, predictability or stability
of what you are really buying.

The risk does outweigh the reward. . .
meaning it would be as you are phrasing
your question, a speculative play. . .
so how much are you willing to lose vs
how much are you hoping/anticipating to
gain?

Further, should you go with MMR, might
want to look at the charts for entry
point for partial position, followed by
adding partial position(s) with the
consideration of placing and using
mental stops to protect
investment entry points . . . Then
consider how much are you anticipating
to gain on the upside in anticipation to
taking a partial or total profit. . .
Thought being, keep a keen eye on MMR if
you put it into play and have your
finger on the trigger to sell in case
the price goes south (below support) or
hits the exit number (for profit).

In short, I have no personal position as
to why there would be any reason to dive
into MMR whole hog with the belief it
will be easy money. . . and that is
likely the real hard information or
supporting documentation you are hoping
to secure to feel confident in making a
more than certain profit with the
probability of low risk.

today 's lists
Biggest % Losers

Here is the stock list of some of the largest % losers from Feb. 9, 2010. more

Stocks With Unusual Option Activity

Unusually active options can often indicate that a major event in a stock is about to take place, or that unsophisticated investors (using options in lieu of leverage) are ... more

TheStreet Ratings' Downgrades

TheStreet Ratings provides exclusive stock, ETF and mutual fund ratings and commentary based on award-winning, proprietary tools. Its safety first approach to investing aim... more