Fast Money's Global Storm Stock Trades
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Date updated:08-19-2009

Chinese stocks tumbled 5.8 percent to their lowest close in two months on Monday, posting their biggest daily percentage drop in nine months. What’s the trade?

symbol name last price % change open
  • +
  • BIDU
    Baidu
  • $442.18
  • +1.52%
  • $437.21

Seymour said he's sees Baidu (BIDU) heading down to $280. It closed at $321.56 on Monday.

People owning BIDU also tend to own: AMATAMTAMXFMCNKRYRACKSTP

TheStreet.com Rating: B- What is this?

  • +
  • FXP
    Proshares Ultrash
  • $7.60
  • -0.65%
  • $7.59

Pete Najarian said investors have been hedging their bets by moving into UltraShorts FTSE Xinhua China 25 Proshares (FXP).

People owning FXP also tend to own: AAIARWDCRDXDSKFSRSTEO

TheStreet.com Rating: No Rating What is this?

  • +
  • PTR
    Petrochina Co Ads
  • $130.13
  • +1.71%
  • $129.07

I’d also be short PetroChina (PTR) and maybe even the FXI (FXI). - Tim Seymour

People owning PTR also tend to own: CAMCEOCLBCOPDODRYSFCX

TheStreet.com Rating: C What is this?

  • +
  • FXI
    Ishares Tr Ftse I
  • $45.16
  • +0.33%
  • $45.16

I’d also be short PetroChina (PTR) and maybe even the FXI (FXI). - Tim Seymour

People owning FXI also tend to own: ACIAINVANRAPCBBDBTUCHK

TheStreet.com Rating: No Rating What is this?

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