Word On The Street
Some big name retail stocks such as Macy’s (M), Saks (SKS) and J.C. Penny (JCP) fell on Monday as investors feared that deep discounts weren’t enough to save the slumping U.S. consumer. Adami told viewers there could be a trading opportunity in Liz Claiborne (LIZ) where 18.5 million shares traded today, compared […]

Word On The Street - Trading Opportunities
The crew talked about some trading opportunities for three-day rally. Adami said he likes the action in ConocoPhilips (COP). Najarian mentioned that he wants to play fundamentals. He said keep an eye on ExxonMobil (XOM), Chevron (CVX) and COP. Finerman said the market isn’t back to fundamentals yet. “There’s […]

Citigroup Bailout
The traders discussed the Citigroup (C) bailout plan with Jamie Peters, an analyst with Morningstar Equity. She told viewers the rescue plan will provide Citi with a great opportunity to reorganize their business so it can survive for the long term. She noted that the package will give CEO Vikram Pandit more time to […]

Word On The Street
Melissa Lee hosted CNBC “Fast Money” show Friday night. She began the show with a discussion of how the S&P 500 rallied off 11-year lows following the news that President-elect Barrack Obama would name Tim Geitner to head the Treasury, and that he will roll-out the rest of his “economic team” on […]

Word On The Street
Melissa Lee hosted CNBC “Fast Money” show Thursday night. She kicked the show off with a discussion of how the stock market breached key technical levels in today’s session. She explained that the S&P 500 closed at levels not seen since April of 1997. Guy Adami said the most surprising thing was […]

Word On The Street
Melissa Lee hosted CNBC “Fast Money” show Wednesday night. She started the show with a discussion of how the market has hit levels not seen before during the current global financial crisis. Jeff Macke said today confirmed that General Motors (GM) CEO Rick Wagoner has no plans for bankruptcy. “He had no […]

Word On The Street
Dylan Ratigan hosted CNBC “Fast Money” show Monday night. He started the show with a discussion of how stocks are near new credit crisis lows. Guy Adami said he thought the Dow would have traded above 9,000 today. He says “if the Dow closes below 7,800, we will see 6,000 next.” Tim […]

Word On The Street
Dylan Ratigan hosted CNBC “Fast Money” show Friday night. He kicked the show off with a discussion of some large stock purchase by some well-known “Wall Street Whales.” He explained that hedge fund manager George Soros increased his stake in Wal-Mart (WMT). Jeff Macke says “you can go broke chasing these whales, […]

Word On The Street
Dylan Ratigan hosted CNBC “Fast Money” show Thursday night. He began the show with a discussion of the 10% intraday range in the Dow and the big move in crude oil. Pete Najarian said the trading range in the volatility index he saw today, is normally seen in weeks. He says “if […]

Word On The Street
Dylan Ratigan hosted CNBC “Fast Money” show Wednesday night. He started the show with a discussion of the three major issues in the market right now: a lack of confidence, hedge funds and many investors remain on the sidelines and the fundamental aspects of this economy continue to deteriorate. He said […]