Joe Terranova came on CNBC's Fast Money Halftime Report today ( 5/26/09 ) and told viewers that he is bullish on the stock market. There is " tremendous resilience " in both the stock market and commodities. " The S&P 500 is back over 900 and stocks are going up on bad news again. "
If you look at Apple Inc. (AAPL), Google Inc. (GOOG), Research In Motion Ltd. (RIMM), and International Business Machines Corp. (IBM), with the S&P 500 above 900....you can get long these companies.
You want to be in stocks like technology and commodities with the market continuing to move higher
Nobody believes this rally but is a stock market that continues to go higher.
Commodities, Gold, Agriculture, Oil are all great sectors to be in right now.
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Showing posts with label Joe Terranova. Show all posts
Showing posts with label Joe Terranova. Show all posts
Tuesday, May 26, 2009
Thursday, August 21, 2008
CNBC Fast Money Recap 8/21/08 - Fast money Stock Picks August 21st, 2008 - Jeff Mackie, Guy Adami, Joe Terranova on Oil, John Najarian
During the Olympics, Fast Money does a half hour show on CNBC at 1:00pm est.
Fast Money Stock Picks 8/21/08
Jeff Mackie
USO: I wouldn't chase it here
Guy AdamiSLB: Take some money off the table....but I think it still has upside
US Steel X : This is sell the rally mode..you have to sell
Joe TerranovaOil: Speculators sold this market short under $120 and this is a short squeeze.
USO: I'm letting this ride...need to get above $122 for oil and the run continues.
US Steel X: It should be up, but its not...i'm thinking about selling it
FCX: I am playing copper with going long Freeport FCX
John Najarian
USO: I would be taking money off the table
XLY: We are short the XLY...this is shorting the consumer
Joy Global JOYG: We are long this stock
RIMM: Could be setting up to really break out here
Coal Stocks: UBS upgrading a lot of coal names today....MEE, BTU
Find out which companies are drilling the USA Natural Gas Shales: http://oilshalegas.com
Fast Money Stock Picks 8/21/08
Jeff Mackie
USO: I wouldn't chase it here
Guy AdamiSLB: Take some money off the table....but I think it still has upside
US Steel X : This is sell the rally mode..you have to sell
Joe TerranovaOil: Speculators sold this market short under $120 and this is a short squeeze.
USO: I'm letting this ride...need to get above $122 for oil and the run continues.
US Steel X: It should be up, but its not...i'm thinking about selling it
FCX: I am playing copper with going long Freeport FCX
John Najarian
USO: I would be taking money off the table
XLY: We are short the XLY...this is shorting the consumer
Joy Global JOYG: We are long this stock
RIMM: Could be setting up to really break out here
Coal Stocks: UBS upgrading a lot of coal names today....MEE, BTU
Find out which companies are drilling the USA Natural Gas Shales: http://oilshalegas.com
Wednesday, August 20, 2008
Fast Money Recap 8/20/08 - CNBC Fast Money Stock Picks August 20th, 2008 - Jeff Mackie, Guy Adami, Joe Terranova, John Najarian
Fast Money Stock Picks 8/20/08
Jeff Mackie
Target TGT: I don't think you can buy this stock yet
Guy Adami
US Steel X: I like this stock
Boyd Gaming BYD: They squeezed out the shorts and now its back down
Target TGT: I think you can buy Target here...cheaper then Wal Mart
Joe Terranova
Coal goes higher, natural gas goes lower
AAPL, RIMM: I'm long Apple and Research in Motion until the end of the year
.
John Najarian
BRCM, AAPL, NVDA: These stocks are working, stick with them
Gene Munster: Apple AAPL: The valuation is still to low for Apple...new things coming in September with maybe Mac products. We count macs, iphones selling in stores and everything seems to be in line.s to be in line.
Jeff Mackie
Target TGT: I don't think you can buy this stock yet
Guy Adami
US Steel X: I like this stock
Boyd Gaming BYD: They squeezed out the shorts and now its back down
Target TGT: I think you can buy Target here...cheaper then Wal Mart
Joe Terranova
Coal goes higher, natural gas goes lower
AAPL, RIMM: I'm long Apple and Research in Motion until the end of the year
.
John Najarian
BRCM, AAPL, NVDA: These stocks are working, stick with them
Gene Munster: Apple AAPL: The valuation is still to low for Apple...new things coming in September with maybe Mac products. We count macs, iphones selling in stores and everything seems to be in line.s to be in line.
Tuesday, August 19, 2008
CNBC Fast Money Recap 8/19/08 August 19th - Lehman ( LEH ) Jeff Mackie, Pete Najarian, Joe Terranova, Karen Finnerman
Fast Money Stock Picks 8/19/08
Jeff Mackie
Financials: There is no reason to be long financials right now except for a trade
Leh Lehman: They will have to raise money again and its going to be bad for the stock
Oil: Just a bounce back rally today
Cosco: I took the opportunity to sell today
Joe Terranova
AIG - LEH: Today its AIG and Lehman causing problems....bought some AIG puts to protect myself
Oil: If oil trades below $100 opec will cut production
HD - Home Depot: A close below the below the 200 day moving average, you will want to get out of this stock
Zack Karabell
Lehman LEH: Lehman has problems today
Pete Najarian
LEH: Lehman is the story of the day...the stock has come from the $17's to the $13's. At some point its the right time to buy, but not right now.
AIG: Very high risk trade right nowOIH: If this stock goes below $180 keep an eye on it!
Karen Finnerman: I am focusing on the financials...FRE Freddie Mac raising capital today..very expensive paper! Credit spreads are widening...above the March highs and there isn't even panic. Looking to short more of the banks!
Jeff Mackie
Financials: There is no reason to be long financials right now except for a trade
Leh Lehman: They will have to raise money again and its going to be bad for the stock
Oil: Just a bounce back rally today
Cosco: I took the opportunity to sell today
Joe Terranova
AIG - LEH: Today its AIG and Lehman causing problems....bought some AIG puts to protect myself
Oil: If oil trades below $100 opec will cut production
HD - Home Depot: A close below the below the 200 day moving average, you will want to get out of this stock
Zack Karabell
Lehman LEH: Lehman has problems today
Pete Najarian
LEH: Lehman is the story of the day...the stock has come from the $17's to the $13's. At some point its the right time to buy, but not right now.
AIG: Very high risk trade right nowOIH: If this stock goes below $180 keep an eye on it!
Karen Finnerman: I am focusing on the financials...FRE Freddie Mac raising capital today..very expensive paper! Credit spreads are widening...above the March highs and there isn't even panic. Looking to short more of the banks!
Friday, August 15, 2008
Fast Money Recap 8/15/08 - CNBC Fast Money Stock Picks August 15th
Fast Money Stock Picks 8/15/08
Quint Tatro
Financials: Watch the financials as a que to where the market is going
Oil: I would not be touching Oil stocks right here....you have shorts who are piling on....you have longs who want to sell out of the first bounce
SSO, DDM: I'm long
Joe Terranova
Commodities: I don't think the rally is over
RIMM: I like RIMM, I am long this stock
Goldman Sachs GS: I am long Goldman....and I'm concerned about it...looks like its headed to $150
Pete Najarian
Warren Buffett: He doubled his position in Union Pacific...he doesn't below the story is over in the commodities.
NRG: Buffett bought this.....I'd wait for a dip though
Target TGT: Target looks better then Wal Mart WMT here
VMW VMWare: Options very active.....stock is jumping
Goldman Sachs GS: It was $180 on Monday....this pullback should have this stock on your focus list.
Tim Seymour
S&P 500: I think we are positioned to break through 1320
RTH: I would be shorting the RTH here
MBI ABK: I wouldn't touch these stocks on the equity side.
Dennis Gartman: Bad week to be a gold buyer.....technicals have been broken on the Euro......Europe is slowing down, USA is holding up, a lot of positions have to be unwound....some people aren't hedged long the dollar and they have to do this.
Gold or Oil? If I had to make a trade.....I'd say I thought Crude could go down to $85 per barrel. I am long wheat.....I don't like Ag Stocks right now....Buy wheat and sell Potash ( POT )
Quint Tatro
Financials: Watch the financials as a que to where the market is going
Oil: I would not be touching Oil stocks right here....you have shorts who are piling on....you have longs who want to sell out of the first bounce
SSO, DDM: I'm long
Joe Terranova
Commodities: I don't think the rally is over
RIMM: I like RIMM, I am long this stock
Goldman Sachs GS: I am long Goldman....and I'm concerned about it...looks like its headed to $150
Pete Najarian
Warren Buffett: He doubled his position in Union Pacific...he doesn't below the story is over in the commodities.
NRG: Buffett bought this.....I'd wait for a dip though
Target TGT: Target looks better then Wal Mart WMT here
VMW VMWare: Options very active.....stock is jumping
Goldman Sachs GS: It was $180 on Monday....this pullback should have this stock on your focus list.
Tim Seymour
S&P 500: I think we are positioned to break through 1320
RTH: I would be shorting the RTH here
MBI ABK: I wouldn't touch these stocks on the equity side.
Dennis Gartman: Bad week to be a gold buyer.....technicals have been broken on the Euro......Europe is slowing down, USA is holding up, a lot of positions have to be unwound....some people aren't hedged long the dollar and they have to do this.
Gold or Oil? If I had to make a trade.....I'd say I thought Crude could go down to $85 per barrel. I am long wheat.....I don't like Ag Stocks right now....Buy wheat and sell Potash ( POT )
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