| The Fast Money five takes a look at the week's biggest market movers. | ||
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 |
Don't look now my Fast Money friends, but the market is within striking distance of the records set earlier this year. For all the gloom and doom of the so-called credit crisis, I offer you some simple statistics: The Dow was up 487 points or 3.6% for the quarter, and up 537 points in the month of September after a tough August. The Dow is up 11% for the year so far. The S&P 500 rose 23 or 1.6% for the quarter, finishing at 1526, a 7.6% year-to-date gain. The NASDAQ was up 98 points or 3.8% for the third quarter, a year-to-date gain of 12%. But some crucial tests are on the horizon. First up, the Jobs report next week. We will see if the recent market turmoil will lead to another decline in employment figures. Also important – third quarter earnings, which kicks off next week with handset-makers RIMM and PALM. The Tech trade has been working so far, but will it continue? Then after that, the real fun begins, as earnings season gets into full effect. 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 - Dylan . If you have suggestions for Fast Money or The Final Trade, please send an email to FastMoney@cnbc.com |
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 |