The traders of CNBC’s “Fast Money” have been covering the proposed $700 billion bailout plan all week. The crew has interviewed a number of members of Congress and market experts in an effort to shine some light on the importance of the U.S. government's getting some type of bill passed to save the credit markets.
The gang has been offering up trading ideas and stock plays for a situation in which the bill passes as well as a situation in which it doesn’t. No matter what happens, the crew will be ready to inform their viewers on how to play the post-bailout environment.
There has never been a more important time to follow the traders as they help their viewers navigate through this uncertain time.
The gang recently highlighted trading ideas that play off a club of elite banks, natural gas stocks and unusual options activity. Here are some highlights from over the past week as aggregated from the show.
Fast Money’s Club of Elite Banks: CNBC’s Steve Liesman says the Federal Reserve is creating an elite group of banks. On Monday’s “Fast Money” show, Liesman told viewers: “I think those are five institutions the Fed will liquefy to the bitter end and will not let fail. That’s the line the Fed is drawing around the financial system.” Fast Money’s Club of Elite Banks include Morgan Stanley (MS) and Bank of America (BAC).
Fast Money’s Nat Gas Trades: Is it time to buy natural gas stocks? On Tuesday’s “Fast Money” show, Joe Terranova told viewers: “Natural gas is more of an industrial fuel used for power generation as opposed to oil which is a consumer fuel. Demand should not slow.” Fast Money’s Nat Gas Trades include Chesapeake (CHK) and Apache (APA).
Fast Money’s Bank Trade for Post-Bailout: The traders see opportunity in a number of banks if the bailout plan passes. On last Thursday’s “Fast Money” show Pete Najarian told viewers: “I am a big fan of the huge asset acquiring banks.” Fast Money’s Bank Trade for Post-Bailout includes Credit Suisse (CS), Deutsche Bank (DB) and Wells Fargo (WFC).
Fast Money’s Options Plays: The traders have noticed some unusual options activity in a number of stocks. On Tuesday’s “Fast Money” show, Jon Najarian told viewers: “I am seeing unusual options action in three stocks. The action suggests that all of these stocks could go higher.”
href="http://www.stockpickr.com/members/port/Fast-Money-s-Options-Plays-5/" target="_blank">Fast Money’s Options Plays include Jabil Circuit (JBL) and UnitedHealth UNH).
Fast Money’s Trader Radar: In a segment called “Trader Radar,” the crew highlights stocks with unusual volume. On Tuesday’s “Fast Money” show, Dylan Ratigan told viewers: “On the trader radar tonight we’re watching Intel (INTC). The largest semiconductor maker was among the most active names on the Nasdaq today. Check out Fast Money’s Trader Radar.
Posted on Oct. 1, 2008
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