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Monday, April 13, 2009

Fast Money CNBC 4/13/09 April 13, 2009

Fast Money is starting a show called Halftime Report on CNBC which runs about 9 minutes during the afternoon trading session. Below is a summary of what they discussed today!

Fast Money CNBC Halftime Report - April 13, 2009

Guy Adami

Financials: They are just in continuation mode, they can continue to run, I like financials, like the S&P up to 900
Goldman Sachs ( GS ) - I'd be a buyer on dips
Johnson & Johnson ( JNJ ) - Stock is attractive, buy on dips

John Najarian:

Goldman Sachs ( GS ) has some of the best traders on Wall Street, I am cautious for earnings tomorrow due to the runup. I am a buyer on dips. Wait for two days until now to buy
Oil: I think it will pull back into the mid to low $40's

Dennis Gartman:

Financials: I am also bullish on the financials - can't be short financials
Oil: I am a little concerned about the crude oil market, contango is coming back, a lot of oil supply out there.

Carter Worth

Financials: The financials are just starting to move higher
Oil: Buy names like Schlumberger Limited (SLB)
Intel ( INTC ) - Technology has led the way, buy Intel ahead of earnings.

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