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| Here are the Top 3 stories that may make you money next week: How do you trade the terrible jobs report? Will a rate cut help Freddie and Fannie Mae? Will AMGM benefit from the Bear Stearns Healthcare conference next week? | ||
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| The only education worth your money is the Fast Money Trade School Knowing when to get in or out of a stock is the hardest decision a trader has to make. And while there is no hard and fast rule, there are some tips that can inform your choices. Look for unusually high volume days when a stock is trading at either a 52-week high or a 52-week low as an opportunity to exit or enter a position. The high volume on either high or low days can often signal the end of a move in both a positive or negative direction. For example, when a stock hits a low for the year on a day when volume is considerably higher than usual, say 15 times its daily average, that could be a sign to get in as all the sellers may have sold their positions. | ||
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Is it a buy or a sell? Next week, the Fast Money Five tell you how to read the street’s biggest events so your fast money stays fast Tuesday: Earnings Before: Earnings After: Eco: U.S. Trade Balance Other: TXN Mid Q Update***, ABT, TMO speak at Bear Conf., HON, RTN speak at Morgan Industrials Wednesday: Earnings Before: BRC, GRB, JOSB Earnings After: Eco: MBA Mortgage Applications Other: COP Speaks at Lehman Financial Conference Thursday: Earnings Before: Earnings After: PLL Eco: Monthly Budget Statement Other: Symantec Shareholders meeting Friday: No Significant News | ||
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 | Staying Cool In these volatile times on Wall Street, it is important to maintain your composure. That's why I find that nothing prepares me better for a busy day of trading than practicing yoga for an hour each morning. Yoga helps me find my center and clears my thoughts. When the market is up one minute and down the next, you can lose a lot of money by being too impetuous. You can't chase the tape; you need to think ahead of it. Of course, you should make adjustments to your portfolio here and there to reflect market realities, but your overall strategy or trading thesis should not be changing day to day. If it does, yoga may be the cure for you. Why? Because by practicing yoga, I get rid of my nervous energy. An hour of yoga in the morning will allow me to keep a level head for the rest of the day. Furthermore, yoga has improved my ability to focus intensely. Be it on a pose or on a trade, intense focus is the key to success. | ||
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Text to Talk Daily Alerts | Trades you won't find on TV | Fast Money Podcasts Want to go Face 2 Face with the Fast Money Five? Email the guys at |
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 | The market will be transfixed on two things next week: Speed, and Distance. I'm not referring to how fast the Wall Street set can make it out to the Hamptons. I'm talking about how fast and by how much Fed Chief Ben Bernanke will cut interest rates. Are we looking at a quarter point? A half-point? We he cut before the Fed is scheduled to meet? The Fast Money will be watching. In the absence of major earnings and economic news, conferences could help set the tone for trading. Key among those gatherings: the Bear Stearns Healthcare Conference, where we will hear from Biotech giants AMGN and WYE. If we learned anything this Summer, it's that a lack of news can often be the most dangerous of trading environments. But with market volatility, opportunity knocks, and even in a tough tape, you can make Fast Money. Remember, an open market is one in which you can make money, and we will try to do that all next week. I hope you join us. . If you have suggestions for Fast Money or The Final Trade, please send an email to fastmoney@cnbc.com | ||
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All opinions expressed by the Program Participants are solely their current opinions and do not reflect the opinions of CNBC, NBC UNIVERSAL, their parent company or affiliates, and may have been previously disseminated by them. Such opinions are based upon information they consider reliable, but neither CNBC nor its affiliates and/or subsidiaries warrant its completeness or accuracy, and it should not be relied upon as such. The Program Participants are professional traders who may be actively involved in securities discussed herein, on behalf of themselves, their companies and their clients. Also, the opinions expressed by the Program Participants may be short-term in nature and are subject to change. No part of the Program Participants’ compensation from CNBC is related to the specific opinions they express. Past performance is not indicative of future results. Neither the Program Participants nor CNBC guarantee any specific outcome or profit. You should be aware of the real risk of loss in following any strategy or investment discussed herein. Strategies or investments discussed may fluctuate in price or value. Investments or strategies mentioned herein may not be suitable for you and you should make your own independent decision regarding them. This material does not take into account your particular investment objectives, financial situation or needs and is not intended as recommendations appropriate for you. You should strongly consider seeking advice from your own investment adviser. To unsubscribe from The Final Trade click here |
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