Fast Money's Commodity Trades
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Date updated:08-27-2008

"The speculative froth has been lifted from the oil market and it’s now back to being a fundamental story," says Joe Terranova

symbol name last price % change open
  • +
  • NOV
    Natl Oilwell Varc
  • $44.88
  • +2.00%
  • $44.10

The way I recommend playing it is with National Oilwell Varco (NOV) in the oil space. - Joe Terranova

People owning NOV also tend to own: ACIAINVANRAPCBBDBTUCHK

TheStreet.com Rating: B- What is this?

  • +
  • FCX
    Freeport Mcmoran
  • $87.32
  • +2.02%
  • $86.29

Freeport McMoRan (FCX) in the copper space. - Joe Terranova

People owning FCX also tend to own: ACIAINVANRAPCBBDBTUCHK

TheStreet.com Rating: D What is this?

  • +
  • KOL
    Market Vectors Co
  • $35.30
  • +1.88%
  • $34.91

Coal ETF (KOL) in the coal space. - Joe Terranova

People owning KOL also tend to own: AUYCHUDARECLGRMNNSTRPGH

TheStreet.com Rating: No Rating What is this?

  • +
  • UNG
    Us Nat Gas Fd Etf
  • $9.56
  • +6.10%
  • $9.25

I’m also looking at the United States Natural Gas Fund (UNG) adds Jon Najarian. I’m seeing a lot of out of the money calls in this ETF which suggests it could go higher.

People owning UNG also tend to own: BHPEWMEWSFXAFXBFXCGLD

TheStreet.com Rating: No Rating What is this?

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