Today, January 23, 2009, CNBC's Fast Money Guy Adami and Jeff Mackie gave their insight on General Electric ( GE ). Jeff Mackie also made a bullish case of some of the Banking Stocks.
CNBC Fast Money Recap 1/23/09
Guy Adami on General Electric ( GE ) - Huge volume today in GE stock...there is a value in their other businesses, the volume today could be a sign of capitulation, and we may have seen it today.
Karen Finnerman on GE - It wouldn't be shocking to me if they accessed some sorta of government mandate...I'm not long or short, really don't know how it will turn out with General Electric.
Pete Najarian on GE Options trading - I think they could get a credit rating change and that is a risk... the options activity right now is huge - the options trading right now is not protection, but speculation on the downside in options all the way down to the $5.00 strike price. Traders are speculating for later this year.
Jeff Mackie on the Banking Stocks - I bought these stocks: Bank of America ( BAC ), Citigroup ( C ), Morgan Stanley ( MS ) - willing to take the risk that these banks aren't going to zero....all the bad news is out, Obama won't let these fail. I am a trader so I could get out of these next week but I think that there is no news they could put out that could surprise me.
For the latest updates on the stock market, visit, http://daytradingstockblog.blogspot.com/ or Subscribe for Free
Showing posts with label karen finnerman. Show all posts
Showing posts with label karen finnerman. Show all posts
Friday, January 23, 2009
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!
Subscribe to:
Posts (Atom)