"Fast Money" Portfolios of the Week - 17548 views

7-16-08

The traders of CNBC’s “Fast Money” are all about making the quick money on Wall Street. The crew flags trading opportunities five days a week using tools such as investor sentiment, technical indicators and unusual trading activity. The traders know how to make the big money when the market is experiencing extremes in volatility.

The gang recently highlighted trading ideas that play off price displacement, mid-cap stocks and fallen foreign stocks. Here are some highlights from over the past week as aggregated from the show.

Fast Money’s Trading Opportunities: The crew has discovered a number of interesting trading setups in this tough market. On Tuesday’s “Fast Money” show, Joe Terranova told viewers: “The only way to trade this market is defensively. Find a spot with a good fundamental theme.” Fast Money’s Trading Opportunities include Research In Motion (RIMM) and Goldman Sachs (GS).

Fast Money’s Mid-Cap Stock Plays: The traders think mid-cap stocks are poised to move higher. On Monday’s “Fast Money” show, Carter Worth told viewers: “The place to play in this market isn’t large-cap but mid-cap companies. The trend lines in the mid-cap index are far more positive.” Fast Money’s Mid-Cap Stock Plays include Skyworks (SWKS).

Fast Money’s Price Displacement Trades: The traders believe that the declines in some big-name financial stocks have created price displacement in other sectors. On last Friday’s “Fast Money” show, Guy Adami told viewers: “In my opinion, the steel story works here. Typically the best trading opportunities come along in bear markets.” Fast Money’s Price Displacement Trades include McDermott (MDR) and Flour (FLR).

Fast Money’s Fallen Foreign Stock Plays: The traders see opportunity in beaten-up foreign stocks. On last Wednesday’s “Fast Money” show, Tim Seymour told viewers: “I wouldn’t go blanket shopping. However, there are some opportunities.” Fast Money’s Fallen Foreign Stock Plays include Tata Motors (TTM) and Embraer (ERJ).



Fast Money’s Market Bottom Trades: The volatility index has hit an area that could be signaling a market bottom. On Tuesday’s “Fast Money” show, Jon Najarian told viewers: “Until we see a solid push lower in oil, these selloffs mean nothing.” Fast Money’s Market Bottom Trades include General Motors (GM) and Tesoro (TSO).

Fast Money’s Trader Radar: In a segment called “Trader Radar,” the crew highlights stocks with unusual volume that are lighting up screens across Wall Street. On Monday’s “Fast Money” show, Dylan Ratigan told viewers: “On the trader radar tonight we’re watching Wachovia (WB). This bank was among the most active names on the NYSE today. Check out Fast Money’s Trader Radar.

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