Fast Money's Global Recovery Trades
347 views
Rate Now: 1 2 3 4

average rating: 0.00 / 0 ratings
Created by barrons3
DESCRIPTION:

Date updated:09-15-2009

Melissa Lee, the host of Tuesday's "Fast Money" TV show, said that industrial and material stocks led the market higher. She mentioned that the action would lead one to believe that a global recovery was underway.

symbol name last price % change open
  • +
  • NUE
    Nucor Cp
  • $43.08
  • +2.64%
  • $42.13

In the space, I'm watching Nucor (NUE), says Guy Adami. The company expects a third-quarter loss that’s substantially wider than Wall Street expectations yet shares made gains on Tuesday. That action really surprised me. And it’s also important to note that $49 has been resistance in this stock, he adds.

People owning NUE also tend to own: AXAFDXNOKRTPSLBTMDEBS

TheStreet.com Rating: C What is this?

  • +
  • ACI
    Arch Coal Inc
  • $21.80
  • +1.35%
  • $21.72

I’m watching Arch Coal (ACI), says Tim Seymour, which provides coking coal used in the manufacture of steel. I think the stock could go to $26.50.

People owning ACI also tend to own: AAPLAEMCOPERFGOOGHALNE

TheStreet.com Rating: C What is this?

  • +
  • WLT
    Walter Energy
  • $70.02
  • +2.10%
  • $68.75

If you’re looking for a downstream play, look at Walter Industries (WLT), adds Adami. It appears to be breaking out.

People owning WLT also tend to own: AAVABXAADGAMATAQRBGRBXL

TheStreet.com Rating: B- What is this?

  • +
  • JOYG
    Joy Global Inc.
  • $55.44
  • +3.78%
  • $54.01

I’m watching Joy Global (JOYG), says Pete Najarian. It also seems to be breaking out.

People owning JOYG also tend to own: BAXBOBJDELLEBAYHANSRMIXSBUX

TheStreet.com Rating: B What is this?

Portfolio not tracked!

Comments not available

ADD YOUR COMMENTS:

Black Friday Short-Squeeze Oppor...

By Jonas Elmerraji Posted on Nov. 25, 2009 With Thanksgiving fast approaching, retailers have one thing on their collective minds: Black Friday. After all, the day, whi...

11.25.09 | 13:33 PM
Dividend Stocks for the Week

By Jonas Elmerraji Posted on Nov. 24, 2009 Don’t dismiss dividends right now. While stocks may have made significant strides in the rally that’s taken hold of the m...

11.24.09 | 11:36 AM
This Week's 'Barron's' Roundup

By Roberto Pedone Posted on Nov. 24, 2009 10 Terrific Dividend Stocks: This Barron’s article highlights 10 high-quality dividend-paying stocks for investors who’re ...

11.24.09 | 08:05 AM
Rocket Stocks for the Week

By Jonas Elmerraji Posted on Nov. 23, 2009 As well as broad-based indexes have performed in the last few months, Stockpickr's weekly Rocket Stocks list has managed to d...

11.23.09 | 10:34 AM
more articles
General market Technical Analysi...
11.14.07 | 22:55 PM From author ZA
The YouTube Exchange
07.22.09 | 17:45 PM From author Rawbrrt
huge rally in the making?
11.23.09 | 08:09 AM From author tradintrash
new margin requirements for leve...
11.25.09 | 21:01 PM From author graspthemarket
more forums
today 's lists
Biggest % Gainers

Here are some of the largest % gainers from Nov. 25, 2009. more

52-Week Highs

Here are some of the biggest stocks that made the 52-week high list on Nov. 25, 2009. more

Analyst Downgrades

Analyst Downgrades or Estimate Reductions for Nov. 25, 2009. Read more here. more