Fast Money's Stock Trades For Lower Oil
1737 views
Rate Now: 1 2 3 4

average rating: 1.00 / 1 ratings
Created by barrons2
DESCRIPTION:

Date updated:07-09-2008

But now that oil seems to be moving lower we can’t help but wonder if it's safe to buy the crude casualties. After all, the traders always say the time to buy is when it hurts the most. So we ask, is it time to embrace the pain?

symbol name last price % change open
  • +
  • AMR
    A M R Cp
  • $5.86
  • 0.00%
  • $N/A

I’d like to see a longer sell-off in crude, replies Jon Najarian and that makes Wednesday a crucial day. If oil continues to sell-off American Airlines (AMR)could make a sharp turnaround.

People owning AMR also tend to own: DELLMMPCBTCNQDCPGENRG

TheStreet.com Rating: D What is this?

  • +
  • ALJ
    Alon Usa Energy
  • $7.30
  • +0.55%
  • $7.37

I also like Alon (ALJ) and the Nymex (NMX) if oil breaks $124. I agree with my brother about American Airlines, adds Pete, but as a trade.

People owning ALJ also tend to own: AAPLCSCONVDANXGOATSSBUXVLO

TheStreet.com Rating: C What is this?

  • +
  • NMX
    Nmx
  • $0.00
  • N/A
  • $N/A

I also like Alon (ALJ) and the Nymex (NMX) if oil breaks $124. I agree with my brother about American Airlines, adds Pete, but as a trade.

People owning NMX also tend to own: ADCTAKAMALKSARAYARRSAVIDAVNX

TheStreet.com Rating: No Rating What is this?

  • +
  • TGT
    Target Cp
  • $50.11
  • -0.75%
  • $50.77

I prefer Target (TGT)over the airlines, counters Karen Finerman. The move lower in oil is fairly modest, she explains, so it isn’t going to do that much for an airline but if gas prices drop a little people might shop more.

People owning TGT also tend to own: CCATDEFNMFREGEKO

TheStreet.com Rating: B- What is this?

  • +
  • WMT
    Wal Mart Stores
  • $52.97
  • +1.26%
  • $52.59

Wal-Mart (WMT) is my play, says Jeff Macke. But I remain bullish oil.

People owning WMT also tend to own: AIGALLBACCCATCBSCOP

TheStreet.com Rating: B What is this?

Portfolio not tracked!

Comments not available

ADD YOUR COMMENTS:

'Fast Money' Portfolios of the Week

By Roberto Pedone Posted on Nov. 12, 2009 According to CNBC’s “Fast Money” traders, stocks continued to move higher this week, maintaining their strength off the ...

11.12.09 | 11:44 AM
Squeezing the Shorts: Large-Cap ...

By Jonas Elmerraji Posted on Nov. 11, 2009 Recently we put our short-squeeze focus on smaller stocks; this week we’re going large-cap. With higher trading volumes, mo...

11.11.09 | 15:19 PM
Dividend Stocks for the Week

By Jonas Elmerraji Posted on Nov. 10, 2009 After six straight days of gains, the markets are taking a breather today, which gives us the chance to focus our attention b...

11.10.09 | 15:04 PM
This Week's 'Barron's' Roundup

By Roberto Pedone Posted on Nov. 9, 2009 Financial-Services Bull: Barron’s talks with Anton Schutz, portfolio manager at the Burnham Financial Industries Fund (BURFX)...

11.09.09 | 11:01 AM
more articles
General market Technical Analysi...
11.14.07 | 22:55 PM From author ZA
Nymph's Trading Daily Trading Diary
04.13.09 | 01:10 AM From author Trading Nymph
Wealth distribution by race and ...
11.23.08 | 18:44 PM From author Valerie J
The Presidential/Political Thread
01.02.08 | 08:05 AM From author Dave Cox
more forums
Q. Should I hold my 3com shares bas...
11.12.09 | 12:28 PM Asked by dcarr

A. take it. unless youre going to hedge
yourself in some way through options its
not worth it to hold past today (which
isnot to say it wont go higher)

today 's lists
Analyst Downgrades

Analyst Downgrades for Nov. 2, 2009. Read more here. 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

Dogs of the Dow

Here are the 10 stocks in the Dow Jones Industrial Average stocks with the highest yields as of the market close on June 2, 2009. more