POPS&DROPS

Stock of the Day
Guy Adami told viewers to put Schlumberger (SLB) on their radar. He said the valuation on SLB made no sense at $63 but he would be a buyer at $49.50 due to the over-correction in shares.
Final Trades
Seymour likes Mobile Telesystems (MBT); Adami picked Yum! Brands (YUM); Finerman went with Children’s Place (PLCE); and Najarian suggested Petrohawk Energy (HK) due to an unusually high volume of call options activity. Get the scoop on tomorrow’s hottest trade ideas – TODAY! BeaconEquity.com PREMIER PICKS have an amazing track record. Join this select group and ride the profit wave!

Word On The Street
The market rose on Monday despite news out of Honduras that the military in the region had ousted the sitting president. The Dow Jones Industrial Average jumped 90.99 points, or 1.08%, to 8,529.38, while the S&P 500 added 8.33 points, or 0.91%, to 927.23. The Nasdaq traded up 5.84 points, or 0.32%, to 1,844.06. Karen Finerman told viewers to not read to much into today’s action. She thinks the market move was caused by some window dressing. Finerman said the market will be stuck in a range until we get earnings in about 2 to 3 weeks. Tim Seymour said today’s run was more than just wishful thinking and window dressing. He mentioned that industrial production in Japan rose by 5.9% and consumer confidence in Europe also rose. Guy Adami pointed out that the transports didn’t participate while the rails were lower. “I just can’t embrace this rally right here given that kind of action,” he said.  Joe Terranova said we keep on hearing that a correction is coming but it never comes. He said the market looks like a replay of 2003 where it headed higher and higher. Tim Seymour said he wouldn’t want to be out of the market during the first few days of July.
POPS&DROPS

Final Trade
Seymour said go long Alcoa (AA). Adami picked Nike (NKE) cause he thinks the stock has bottomed out. Finerman likes Hewlett Packard (HPQ) for their good numbers. Terranova said American Express (AXP), IBM (IBM) and Microsoft (MSFT) are all worth a look as the top 3 performers in the Dow. Get the scoop on tomorrow’s hottest trade ideas – TODAY! BeaconEquity.com PREMIER PICKS have an amazing track record. Join this select group and ride the profit wave!

Word On The Street
The Dow Jones Industrial Average lost 16.10 points, or 0.19%, to 8,322.01, while the S&P 500 tacked on 2.05 points, or 0.23%, to 895.09. The Nasdaq lost 1.27 points, or 0.07%, to 1,764.92. Melissa Lee, the host of CNBC’s “Fast Money” TV show asked the traders to comment on Oracle (ORCL). Pete Najarian said Oracle had a good quarter with impressive operating margins of 51%. Tim Seymour explained that the firm benefited from conservative guidance. He said their fourth quarter is always the best, and their first quarter is the tough one.
Fed Meeting
Lee asked the traders to give their thoughts on what the Fed might do tomorrow and what it could mean for the markets. Karen Finerman said rate hikes are unlikely. Joe Terranova said Tuesday’s trading session saw the return of the weak-dollar trade, with the resource stocks benefiting. He also mentioned he bought some Research in Motion (RIMM) today. Pete Najarian told viewers he is watching UYG (UYG). Tim Seymour reminded viewers that if the S&P drops to 850 it will mark a 10% correction. He said he doesn’t see a lot of more downside in the market. Instead, Seymour feels we are stuck in a range. Najarian said he has seen some unusual options activity in Yahoo! (YHOO). He said the volume of upside calls makes him believe the stock is set to move higher.
New Intel/Nokia Deal
On Tuesday, Intel (INTC) announced it’s working with Nokia (NOK) on a new class of mobile computing devices, but the company didn’t say when they plan to come to market or give details on the kind of wireless products they hoped to develop together. Analysts say the deal will give Intel a chance to take market share from cellphone chip makers like Qualcomm (QCOM) and Texas Instruments (TXN). Also, the deal could help Nokia compete with smartphone rivals like Apple (AAPL), Research in Motion (RIMM) and Palm (PALM). Finerman said she likes Nokia on valuation. Seymour said he’s bullish on Intel (INTC). Terranvoa said the deal might mean it’s time to sell Texas Instruments.
Buy Monsanto?
Frank Mitsch, an analyst with BB&T discussed Monsanto (MON) with the “Fast Money” crew ahead of the company’s earnings this week. Mitsch said MON is a screaming buy at current levels. He said the seed business is driving the company with margins expanding every day. Pete Najarian said he likes the name sees far more upside to the stock than downside.
POPS&DROPS VIDEO

South Africa Plays
The traders took a look at a few ways to play South Africa with the world cup coming to the region in 2010 and for the country’s large amount of commodities like gold and platinum. South Africa is also the largest economy in Africa and the government is spending billions for a major infrastructure buildout ahead of the world cup. Tim Seymour likes playing South Africa for its resources. He likes Gold Fields (GFI) or Harmony Gold (HMY). He also recommended a long position in iShares MSCI South Africa Index (EZA).
Final Trade
Seymour said buy Siemens (SI) as a play on global infrastructure. Terranova picked long Brinker (EAT). Najarian likes Intel (INTC) as a buy on their deal with Nokia (NOK). Finerman suggest long Yum! Brands (YUM) and short Cheesecake Factory (CAKE). Get the scoop on tomorrow’s hottest trade ideas – TODAY! BeaconEquity.com PREMIER PICKS have an amazing track record. Join this select group and ride the profit wave!

Word On The Street

The markets fell on Monday due to fears of a global contraction. The Dow Jones Industrial Average lost 200.72 points, or 2.35%, to 8,339.01, while the S&P 500 fell 28.19 points, or 3.06%, to 893.04. The Nasdaq plunged 61.28 points, or 3.35%, to 1,766.19. Melissa Lee

Fast & Furious
Should you buy oil on the dip? Greg Troccoli of Opalesque said he thinks oil follows stocks and stocks look to have a little more room to the downside. The XHB (XHB) was strong on Monday despite the weaker-than-expected data from the National Association of Realtors. Patty Edwards of Storehouse thinks investors should stay away. Tech giant Oracle (ORCL) reports earnings after the bell on Tuesday. Oracle needs to digest the Sun acquisition says Scott Nations of Nationshares. He told viewers he isn’t a buyer. Is it time to buy back into Research In Motion (RIMM) now that the stock has sold off post-earnings. Jeff Tomasulo of SMB said he has started to buy the stock at $68 with a tight stop.
6 Stock Picks Ahead of The Correction
The “Fast Money” traders gave out six stock picks to buy after the market is done going down. Seymour said Potash (POT) and Intrepid Potash (IPI) look very attractive,  because fertilizers are very important in this current growing cycle. Adami said buy JPMorgan Chase (JPM) at $28. Finerman said buy Transocean (RIG) if it falls another 5%. Terranova said he likes Goldman Sachs Group (GS) and Freeport McMoRan (FCX). Get the scoop on tomorrow’s hottest trade ideas – TODAY! BeaconEquity.com PREMIER PICKS have an amazing track record. Join this select group and ride the profit wave!

Research In Motion View
The traders mentioned that the real winner of this week’s developers conference for Apple (AAPL) was Research In Motion (RIMM). “At the end of the day, RIMM came out ahead because it is what Apple isn’t,” Terranova said. He explained that RIMM has the enterprise support, wider distribution network and 21% market share. Terranova also told viewers that Goldman raised its price target for RIMM to $96, while Bank of America raised its target to $100. “I think ahead of the June 18 earnings report it sets up beautifully,” he said.
Final Trade
Macke picked going long the United States Oil Fund (USO). Terranova likes the ProShares UltraShort 20+ Year Trea. ETF (TBT) as a bearish bet on Treasuries. Finerman suggested getting long Emulex (ELX) for a takeover target. Najarian recommended buying Caterpillar (CAT) for a play on new orders. Get the scoop on tomorrow’s hottest trade ideas – TODAY! BeaconEquity.com PREMIER PICKS have an amazing track record. Join this select group and ride the profit wave!

Word On The Street
The market traded mix on Tuesday as oil rose above $70 a barrel. The Dow Jones Industrial Average dropped 1.43 points, or 0.02%, to 8,763.06, while the S&P 500 rose 3.29 points, or 0.35%, to 942.43. The Nasdaq added 17.73 points, or 0.96%, to 1,860.13. Melissa Lee, the host of CNBC’s “Fast Money” TV show, asked the traders to comment on the rise or oil and what it could mean for the economy. Joe Terranova said it seems like oil wants to break above $70 and that would be very important from a technical perspective. However, he also mentioned that higher oil prices could put a set back on any economic recovery. Jeff Macke said $70 oil will probably lead to higher prices at the pump, but he isn’t all that worried. Macke told viewers that higher oil won’t hurt the economic recovery because the economy has not recovered. Guy Adami warned investors to be careful with oil service stocks like Baker Hughes (BHI) and Schlumberger (SLB). “The current valuations don’t make sense to me,” he said. Pete Najarian pointed out that the market is getting leadership from commodities. He thinks the S&P 500 at 930 could bring in more people from the sidelines. Terranova said the shift to commodities is all about asset allocation. He said there is a feeling on Wall Street that commodity prices will be higher three to six to 18 months from now. He expects names like Exxon Mobil (XOM) to join the party as oil ascends higher.
TARP News
Lee moved the discussion to the news story of the day – 10 banks have been officially cleared by the government to return the TARP money they borrowed. CNBC’s Steve Liesman reminded viewers that this was no secret that the leading banks were going to pay back the TARP. He said that is why the stock market didn’t trade up off the news. Liesman mentioned the omission of Bank of America (BAC), Wells Fargo (WFC) and Citigroup (C) remains a concern. Najarian said options investors are buying at the money straddles in some of the big banks and that could mean they think there could be another leg to the rally. Macke questioned how the government was picking which banks could pay back the TARP. Terranova said he likes Blackstone (BX) and Jefferies (JEF) in the financial space.
Should You Buy Caterpillar?
The traders took a look at Caterpillar (CAT). Adami said that Caterpillar is ahead of itself and he wouldn’t touch it here. Terranvoa said only buy CAT if it breaks above $39.82. Michael Gurka, chief investment strategist for EmpowerGlobal Funds said he likes the prospects for Caterpillar (CAT) and Ternium S.A. (TX) a South American infrastructure play. Najarian said the play in the space is JoyGlobal (JOYG).
Tech Talk
Next, the trades looked at the technology sector. Adami said Texas Instruments (TXN) is head of itself, trading at 23 times its 2010 earnings. He said short the stock with a tight stop at around $21.50. Najarian said go long Intel (INTC) because they’re positioned well and there’s more upside. He also mentioned that National Semiconductor (NSM) suggests to him that there could be a catalyst in-front of the stock.
Apple Talk
Lee shifted the talk to Apple (AAPL) which trade down today after investors learned that the company plans to lash prices on its iPhone and MacBook to make their products more affordable and accessible to a larger amount of people. Macke said the news was bearish because by lowering the price of the iPhone they’ve distinctly changed their brand. Adami said the stock is ahead of itself and primed for a pullback to $130. Najarian thinks the move was a great one and Apple will be able to increase there market share in the cellphone segment. J.P. Mark, president of Farmhouse Equity Research said in the short term he would get long Apple for the long-term. “I think the new applications introduced at the conference as well as the high speed capabilities of the iPhone are long-term bullish,” Mark said.
Final Trade
Macke said get long Target (TGT) with a tight stop at $40. Adami recommended shorting Texas Instruments (TXN) with a tight stop. Terranova picked long Abbott Labs (ABT) would he thinks can break out above $45. Najarian said Fluor (FLR) is a buy but he also suggested buying puts for protection. Join the fastest growing community of small cap investors at Stockhideout.com

Final Trade
Adami said get long McDonald’s (MCD) on Monday’s pull back. Finerman said buy Kraft (KFT). Najarian picked Isis Pharma (ISIS) as a buy. Terranova said cover the British pound (FXB) short because he thinks the dollar is going to trade lower. Get the scoop on tomorrow’s hottest trade ideas – TODAY! BeaconEquity.com PREMIER PICKS have an amazing track record. Join this select group and ride the profit wave!

Word On The Street
The stock market mounted a decent rally off the lows of the day on Tuesday with the Dow managing to close in the green. The Dow Jones Industrial Average traded up 50.34 points, or 0.60%, to 8,469.11, while the S&P 500 fell 0.89 points, or 0.10%, to 908.35. The Nasdaq lost 15.32 points, or 0.88%, to 1,715.92. Melissa Lee, the host of CNBC’s “Fast Money” TV show, asked the traders to comment on Intel (INTC), which rose 4% in after-hours trading after the company’s CEO Paul Otellini made some bullish comments. Jim Goldman, CNBC’s Silicon Valley Bureau chief, said Otellini was positive about the current quarter,  citing better-than-expected orders and billing patterns. “That’s a pretty significant sign of optimism,” Goldman said. Pete Najarian was curious to see how the comments would affect Advanced Micro Devices (AMD), which has some seen some bullish options activity. Tim Seymour said he would be short AMD against long Intel. “It’s not close to being a player in this space,” he said. Karen Finerman explained that the entire sector moves together, so the news could help Cisco Systems (CSCO).
Commodity Trades
Lee shifted the conversation to oil which hit a six-month high above $60 a barrel before settling up 35 cents to $58.85. Seymour said he loves Petrobras (PBR) in the space for its $180 billion capital expenditures program. Najarian explained that the high price of oil has renewed interest in the solar-energy stocks. He likes Energy Conversion Devices (ENER) and IBM (IBM). He pointed out that IBM is working on a secret process that uses the concentration of sun light to improve solar cell efficiency. Najarian also told viewers to keep an eye on coal (KOL). He thinks coal stocks are cheap despite their big moves of late. Macke said he is long Agrium (AGU) as a commodities play. Najarian mentioned that ag stocks such has Potash (POT), Mosaic (MOS) and Agrium have been very strong.
Retail Stocks
The traders discussed the retail sector, after names like Macy’s (M), Target (TGT) and Sears Holdings (SHLD) all fell ahead of their earnings due out later this week. Macke said he likes Target (TGT) even more than Wal-Mart (WMT) for a play a recovering economy.
Defense Stocks
The traders discussed the consumer staples stocks. Finerman said she has been adding to her positions in this sector because valuations are attractive. She likes Kraft (KFT), Clorox (CLX), Procter & Gamble (PG) and Wal-Mart (WMT). Seymour said he is watching Nike (NKE).
Pharma Trades
The panel spoke with Mike Huckman, CNBC’s biotech and pharma reporter about the drug sector. Huckman said Pfizer (PFE) was up today off of positive analyst report form Credit Suisse that said expectations for future cash flow suggest to us that it would be surprising if Pfizer didn’t raise the dividend in the future, post Wyeth deal closure and early integration.  Huckman also told viewers to keep an eye on cancer stocks OSI Pharma (OSIP), Cougar Biotech (CGRB), Medarex (MEDX), Exelixis (EXEL) and Allos (ALTH) ahead of some new data about cancer treatments that is set to be released on on Thursday at 6pm ET.
Fast & Furious
Macy’s (M) is set to report earnings on Wednesday. Finerman said the stock has already run up. Whole Foods (WFMI) is due to report earnings after the bell on Wednesday. Macke said give the stock some time. Venture capitalist Ken Lagone told CNBC that the next big shoe to drop is commercial real estate. Finerman thinks trouble is coming and she is short Brookfield Properties (BPO). David Geffen reportedly tried to buy a 19% stake in the New York Times (NYT). Seymour said take profits. ConocoPhillips (COP) is set to hold its annual investor day Wednesday. Najarian said he likes this stock as a nat gas play.
Trader Radar
Shares of CBC (CBS) were among the most active names on the NYSE Tuesday.
Final Trade
Macke said get long Ford (F) under $5 a share. Seymour told viewers to get long Diamond Offshore (DO) for a play on drilling. Finerman picked long ANadarko (APC) for a play on nat gas. Najarian recommended getting long Ford but sell some upside calls. Get the scoop on tomorrow’s hottest trade ideas – TODAY! BeaconEquity.com PREMIER PICKS have an amazing track record. Join this select group and ride the profit wave!

Word On The Street
The markets tanked on Monday led mostly by heavy selling in financial stocks. The Dow Jones Industrial Average fell 155.88 points, or 1.82%, to 8,418.77, while the S&P 500 dove 19.19 points, or 2.15%, to 909.24. The Nasdaq lost 7.76 points, or 0.45%, to 1,731.24. Guy Adami told viewers he is skeptical about this rally. He said if the S&P 500 closes below 900 it will probably head towards 875. Adami said Wells Fargo (WFC) and Goldman Sachs Group (GS) could both be due for a pause. Jeff Macke said the $4 rise on Friday in Wells Fargo was a unhealthy sign for the markets. He thinks the way to play a pullback in the markets is with the SDS (SDS), but he cautioned investors to not jump in and pace themselves. Tim Seymour said the tape seems to be intact and its okay for investors to do nothing here. Pete Najarian said if we break 900 he would start to get concerned. He told viewers he is watching the secondary offerings closely here. He said the worry is that one of these offerings doesn’t go off well then the stock will get smacked down.
Stress Mess
The crew talked with Douglas Cliggott, of Dover Management about the impact of the stress test on bank stocks. He said the tests told us two things: the banks are solvent and that Congress is in no mood to provide any more taxpayer money to the banks. Cliggott said he would avoid bank stocks and he is looking for short opportunities in the space. He is currently short Goldman Sachs Group (GS), JPMorgan Chase (JPM), American Express (AXP) and Capital One (COF).
Technical Take
The traders spoke with Jeff Tomasulo of SMB Capital about his technical opinion on the markets. “As long as the SPDRs (SPY) stay above $90 the market is healthy over all,” he said. He told viewers right now he is looking for market leaders that are pulling back and present buying opportunities. He mentioned Visa (V) which is starting to consolidate. Tomasulo said if Visa trades above $68 on high volume and the SPDR goes through $93, the stock could break out. He told viewers if the market keeps going up he would get aggressively long IBM (IBM) above $106.50.
Technology Stocks
Melissa Lee, the host of the “Fast Money” show, changed the discussion to the technology sector. Adami said the trade is to buy Intel (INTC) at $15. He pointed out that buying the stock at that level has worked 4 times in a row. Najarian said he is watching Microsoft (MSFT) which just did a large bond offering for 3.75 billion. He said the market is speculating they might buy someone or buyback stock with the new capital.
Retail Trade
The panel next talked about the retail sector. Macke said he would rather be long Target (TGT) than Wal-Mart (WMT). Adami said he has been bullish on Gap (GPS) and Home Depot (HD), but both stocks have made big runs. Lee mentioned that activist investor William Ackman, which runs hedge fund Pershing Square Capital Management, publicly introduced his nominees for Target’s (Ackman holds a 7.8% stake) board on Monday.
Emerging Market Trades
Investors are jumping into emerging markets. The iShares MSCI Emerging Markets ETF (EEM) has soared around 50% from the March lows. With that in mind, the traders gave out some emerging market trade ideas. Seymour said he likes Brazil-based oil company Petrobras (PBR) which is making big investments in capex. He said Transocean (RIG), Schlumberger (SLB) and Halliburton (HAL) should all benefit. Seymour also mentioned he likes Turkcell (TKC) and Mobile TeleSystems (MBT) as plays on the booming middle class in emerging markets. Najarian picked Fluor (FLR) and McDermott (MDR) for emerging market plays.
Blue Nile CEO Interview
The traders spoke with Diane Irvine, CEO of online diamond and jewelry retailer Blue Nile (NILE). The stock for Blue Nile has been on fire so far in 2009, rising 87%. “We present such a great value to consumers. We sell our diamonds for 20%-40% below traditional jewelry store prices,” Irvine explained. She said NILE has been doing well because of lower commodity costs, an improvement in consumer trends in the first-quarter and from strength in the bridal and engagement end of the business. ‘This is really our time to shine and gain market share. There’s a long runway ahead of this company, ” Irvine said. Adami mentioned that the stock trades at 30 times price to book, so to buy it at these levels is like flipping a coin. Seymour said be cautious. He thinks the stock has run a lot due to its high short interest. Najarian said buy NILE on a pullback. Macke thinks the stock will continue to work if the cash flow remains strong.
Rising Stock Star
For the Rising Star segment, Seymour made bullish comments on Trina Solar (TSL), a leading developer of solar technology.  He mentioned that TSL is up 77% on the year and the company has doubled its production and a solid customer base all over Europe. He told viewers that stimulus money from the US and China is flowing into the sector and Trina trades at just 6 times trailing earnings. Najarian likes Yingli Green (YGE) in the solar space. He said the stock is seeing a lot of bullish options activity.
Fast & Furious
Applied Materials (AMAT) reports earnings on Tuesday. Najarian told viewers that there’s a lot of put buying on the stock, but he thinks it’s just protection. He said there could be more room to the upside in AMAT. Sotheby’s (BID) will hold their big Contemporary Art Auction on Tuesday. Adami mentioned that a Picasso went unsold at another auction last week, and that just isn’t a good sign for BID. Intel (INTC) will hold an investor meeting on Tuesday. Craig Berger, a FBR strategist said the longer term bias on the stock is higher. Bank stocks sold off on Monday. Should investors look to jump in? Seymour said he likes emerging markets banks like Santander (STD), HSBC (HBC) and Itu (ITU).
Trader Radar
Shares of Williams-Sonoma were among the most active names on the NYSE Monday.
Final Trade
Macke said take profits on SDS (SDS) if it trades to $60 a share. Adami picked Johnson & Johnson (JNJ) as a buy. Seymour selected Banco Santander-Chile (SAN) from the long side. Najarian recommended buying Advanced Micro Devices (AMD) Get the scoop on tomorrow’s hottest trade ideas – TODAY! BeaconEquity.com PREMIER PICKS have an amazing track record. Join this select group and ride the profit wave!

Word On The Street
A strong move up in the financial sector helped to push the stock market higher on Wednesday. The Dow Jones Industrial Average rose 101.63 points, or 1.21%, to 8,512.28, while the S&P 500 jumped 15.73 points, or 1.74%, to 919.53. The Nasdaq added 4.98 points, or 0.28%, to 1,759.10.
Tomorrow’s Trades
Full results from the stress test will be released on Thursday after the market close.  Analyst Keith Horowitz from Citigroup thinks Bank of New York Mellon (BK), Goldman Sachs (GS) and State Street (STT) will show the best scores. Bank of America (BAC) and Wells Fargo (WFC) were called block heads.  Also other problem children were named as KeyCorp (KEY), Regions Financial (RF) and US Bancorp (USB), among others needing help.
On Thursday General Motors (GM) will be a stock everyone will be watching.  They are about to report earnings and this may tell if bankruptcy is on the way.  Adami is among the crowd that feels it is inevitable but others think that the company can survive without bankruptcy.  Restructuring is the main plan here. They look to thin dealer ranks among other things with the competition in Ford (F) driving into the electric car market.
New Economy
Confidence looks to have returned to the economy with a bump in existing home sales.  Disney (DIS) also reported that park bookings were up from a year ago.  Further the ADP report showed companies were laying off fewer workers than thought.  Macke talked about trading the news with Target (TGT) while Najarian said to look at Visa (V) or Mastercard (MA).  Seymour would be a buyer of China’s consumer and look to LG Electronics (LG) or AU Optronics (AUO).
Road Ahead
The S&P is up and it was discussed whether the run it is on is sustainable?  All signs at this time point to the rally being over when everyone is starting to get bullish.  We were counselled to start buying puts on trades.  Christopher Zook told us to look at oil services (OIH) and healthcare (XLV) with some technology (XLK).
Fast and Furious
Nasdaq OMX (NDAQ) is set to report earnings on Thursday. Najarian expects a pull back but eventually it moves higher. CBS (CBS) reports earnings on Thursday. Finerman feels the that media can’t get her excited and fundamentals don’t mean much in this market. Google (GOOG) will hold its annual shareholder meeting on Thursday. Mark Mahaney from Citigroup doesn’t think the meeting will move the stock. He currently has a buy rating on Google and would be more aggressive with shares at $350. Wendy’s (WEN) is set to report earnings on Thursday. Macke said it’s dead money. NVIDIA (NVDA) will also report earnings Thursday. Najarian would take profits on NVDA with it up 70% for the quarter. Should investors look to buy Goldman Sachs Group (GS) prior to the stress test results? Finerman told us it wouldn’t be a bad trade to chase Goldman (GS) but she would be hesitant. Get the scoop on tomorrow’s hottest trade ideas – TODAY! BeaconEquity.com PREMIER PICKS have an amazing track record. Join this select group and ride the profit wave!