Fast Money's Next Credit Crunch Portfolio - Stockpickr! Your Source for Stock Ideas

Fast Money's Next Credit Crunch

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Date updated:12-03-2008

Ratigan said the next big problems could be in the credit card front. Meredith Whitney, an analyst for Oppenheimer & Co., said banks are pulling lines from consumers just when they are losing their jobs.

MS
Morgan Stanley
$30.09
0.00%
$28.27

The traders said the financial institutions most affected by this pullback include Morgan Stanley (MS), Goldman Sachs (GS), Citigroup (C), MasterCard (MA), JP Morgan Chase (JPM) and American Express (AXP).

People owning MS also tend to own: ACE BAC C CB COP CVX DIS

TheStreet.com Rating: D+ What is this?

GS
Goldman Sachs Gro
$143.13
0.00%
$143.25

People owning GS also tend to own: ACE BAC C CB COP CVX DIS

TheStreet.com Rating: C What is this?

C
Citigroup Inc
$3.51
0.00%
$3.61

People owning C also tend to own: AIG BA CPWR DIS FWLT GS HAL

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MA
Mastercard Inc
$168.39
0.00%
$173.12

If you’re looking for a trade Mastercard [MA] could take a hit, adds Guy Adami.

People owning MA also tend to own: AIG AXP AXS BBBY BRK-A BRK-B BRO

TheStreet.com Rating: C- What is this?

JPM
Jpmorgan Chase &
$34.50
0.00%
$35.07

I’m short Capital One [COF] for this very reason, explains Karen Finerman. And I think there’s more bad news to come. However, I wouldn’t short JP Morgan [JPM] because they could trade up on other things.

People owning JPM also tend to own: AA AIG IBM INTC JNJ KO MSFT

TheStreet.com Rating: C What is this?

AXP
American Express
$24.71
0.00%
$24.80

American Express [AXP] could take it on the chin too, adds Tim Seymour.

People owning AXP also tend to own: AIG ALL BAC BRK-B C COF FNM

TheStreet.com Rating: C What is this?

COF
Capital One Finan
$24.45
0.00%
$24.64

People owning COF also tend to own: AFG AIZ AMP AMTD AWBC BAC CKFR

TheStreet.com Rating: D+ What is this?

SRS
Ultrashort Real E
$18.18
+1.34%
$18.15

Or, if you want to short commercial real estate, look at the ProShares UltraShort Real Estate [SRS].

People owning SRS also tend to own: ABX BHP BVN CAM CEO CRESY DXD

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