All News, Video and Posts related to TOPIC: Earnings

Friday, June 6, 2008

THE FINAL TRADE

The Final Trade  Fast Money  Weeknights
Next Week's Trades
 
  Want to know the trades that may make you money next week? Here's your playbook to tackle the Street:

How do you trade around Apple's developers conference Monday?
Pete: You should be long Apple into the announcement
Disclosure: Pete Najarian owns Apple
.

How do you trade the relationship between surging crude oil and rapidly-growing markets?
Tim: The best way to play the situation are ETFs that track emerging-market currencies.

What's the best way to trade oil, now that it's jumped above $138?
Macke: $120 is support - when oil breaks below that level, it's time to get out.

 

How To Trade Like The Fast Money Five
 
  Pops & Drops Is Debt Dull? Guy Adami explains why a company?s debt is the foundation upon which a trade can rest.

Click here for the Fast Money Trade School Lesson of the week.

 
Where's the Money?
 
 

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

Monday:
Apple Worldwide Developers Conference Begins, McDonald's Sales, Texas Instruments Mid-Quarter Update, Deutsche Bank Media & Telecom Conference Begins (AT&T Speaks)

Tuesday: Diabetes Conference Ends, Goldman Global Healthcare Conference Begins, WSJ Deal Conference, Disney speaks at Deutsche Bank Media Conference

Wednesday: Economic: Fed's Beige Book ; Other: UBS Global Basic Materials Conference, Annual Meetings: Caterpillar, US Airways, Continental; Merck speaks at Goldman Conference

Thursday: Earnings After: Smith & Wesson ; Economic: Retail Sales, Import Prices, Bank of Japan 2-day Meeting ; Other: Agrium Investor Day, U.S. Open, Annual Meetings: UAL Corp.; Alcoa speaks at UBS Conference

Friday: Economic: Consumer Price Index ; Other: G8 Finance Ministers' Meeting

 
 
Stocks on the Move
 
  Pops & Drops

The Fast Money five takes a look at the week's biggest market movers.

NSM (National Semiconductor)

CSX (CSX Corp)
Wachovia (Wachovia)
AMD (Advanced Micro Devices)
MTW (Manitowoc)

Click here to see if you have these recent Pops & Drops in your portfolio.

 
 

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Trades you won't find on TV
In web exclusive video the Fast Money Five bring you even more hot trades every night, right after the show! Get your Web.Extra now!

 

Fast Money Podcasts
Get your "Fast Money" on the go. Subscribe to Pops & Drops and Word on the Street, for advice from The Fast Money Five on some of today's top trades.

Want to go Face 2 Face with the Fast Money Five? Email the fast money team at
fastmoney@cnbc.com and put "Webcam" in the subject
line.

 

Contact the Commissioner
 
  Dylan Ratigan

As I warned you last week, the summer slowdown can sometimes lull you into letting down your guard - and with a relatively empty earnings calendar next week, you may think you can take a vacation from vigilance. Not so fast. Two very different companies could each have an explosive effect on the market, and I implore you to position yourself to take full advantage of the potential benefits. If you've been watching Fast Money this week, you know which two companies I'm talking about: Apple and Lehman Brothers.

On Monday, Wall Street will be watching closely as Apple's Worldwide Developers Conference kicks off in San Francisco. The reason for the excitement: America's best-loved tech company is expected to pull back the curtain on the 3G iPhone. On Thursday night's show, we had the pleasure of talking with Lehman Brothers IT Hardware Analyst Ben Reitzes, who gave us a pretty good idea of what the fuss over this new gadget is all about. Among the potential new iPhone features, according to Reitzes: picture messaging, video messaging, and instant messaging; iTunes song and game downloads; and possibly even live video chat. What Reitzes finds so impressive, however, is that Apple is in the process of developing a "mobile community" that integrates the digital lifestyle we've all come to embrace - and if Wall Street is equally impressed, you could see significant upside in Apple's shares.

But while many investors can barely wait for the Apple conference on Monday, others are biting their nails in deep concern over what to expect next week from Lehman Brothers. On Tuesday, Lehman shares plummeted nearly 10 percent after the Wall Street Journal reported that the broker-dealer was considering raising as much as $4 billion in fresh capital. Two terrifying words immediately came to mind for many investors upon hearing this news: Bear Stearns. Much to their relief, Merrill Lynch upgraded the stock Wednesday, saying that fears of a "Bear-like event at Lehman are unfounded," and Deutsche Bank followed suit with a recommendation the following day. As a result, the stock has since pared its losses, but in the eyes of many observers, Lehman remains in limbo. We may find out much more next week: on Thursday night's show, Charlie Gasparino broke the news that Lehman is weighing whether to pre-announce earnings in order to dispel market rumors. According to Gasparino, the firm has reduced its leverage by as much as 25 percent over the last quarter, and it is now considering a new capital-raising option similar in nature to a rights offering. Whether or not Lehman pre-announces its earnings next week, it will be a stock to watch very carefully.

Finally, you can expect to get a better sense of where inflation stands when data on consumer prices, or CPI, hits the Street on Friday. In preparing for next week, then, I urge you to keep three very important items in mind: Apple, Lehman Brothers, and inflation.

-Dylan

If you have questions about The Final Trade or suggestions for Fast Money, please send an email to FastMoney@cnbc.com

 

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Celebrity Home Foreclosures: Enough Of This Already

It seems like over the past few months, the media just can't get enough of showing celebrity estates in foreclosure. "Look! They're in trouble just like everybody else!" But Diana Olick blogs saying, no they are not like everybody else... Click here to read more.

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Tune In to CNBC Tomorrow!

THE NEW IPHONE: It's the talk of the town. The Apple Worldwide Developers Conference brings together engineers who created the company's latest innovations and new products. It's anticipated that the newest iPhone will be revealed at the conference, with Steve Jobs delivering the annual keynote address at 1p ET on Monday. Jim Goldman is live at the conference, with the newest products and improvements.

INVESTING IN DIABETES DRUGS: Mike Huckman is live from the American Diabetes Association Meeting in San Francisco, where market-moving diabetes studies and data will be released Monday morning. The first of which is new data on NovoNordisk, a once-a-day injectable diabetes drug from NVO which filed for FDA approval just two weeks ago. Diabetes afflicts millions of Americans and the market will pay close attention to the latest data on the potential blockbuster drug.

TEXAS INSTRUMENTS UPDATING THE MARKETS: Texas Instruments releases its mid-quarter update at 430p ET Monday, and tech watchers are monitoring the news and fear if the demand for wireless products weakens, it could sucker-punch the company's bottom line. Matt Nesto reports.

PENDING HOME SALES: The National Association of Realtors releases the latest Pending Home Sales numbers at 10a ET on Monday to a market riddled by continued foreclosures. Is good news on the horizon for the housing market? Diana Olick offers analysis and monitors the market's reaction.

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