Chart Patterns: Jeff Macke explores how trend lines can be used to forecast. Click here for the Fast Money Trade School Lesson of the week. |
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 fast money team at |
Eventually, it always stops raining. And as you stare at the sea of red on your screen, hoping to turn the vast surfeit of pain into some opportunity for profit, remember these simple words: the past is prologue, and future is where we look to find Fast Money. And fortunately, next week will provide us with plenty of opportunities to do just that. We begin with earnings, where tech and financial names should dominate the tape. Of particular importance will be Citigroup and Merrill results, in addition to JPMorgan and PNC. The large money-center banks and brokers have hemorrhaged billions in market cap as they became engulfed in the mortgage meltdown. But is there more to come? The Fast Money will be watching (also worth noting: this will be the first earnings quarter for Pandit and Thain since taking the reins at Citi and Merrill). Tech names to watch include Intel and IBM and Apple. Chip names have been hammered this quarter by a series of analysts downgrades. Now we get to see if these guys know what they're talking about. Viewer favorite Apple is starting its Macworld conference on Monday. While few are expecting any iPhone-like devices, you can never count Jobs out. Some important economic news too. Key inflation data will hit the tape when the government releases its CPI and PPI figures. To what extent will these figures tie the Fed's hands? The Fast Money will be watching. Earnings, conferences, key economic data. Key ingredients, if you will, for some money-making opportunities. And we'll try to do that all next week. Before we do, a quick programming note. And speaking of money-making opportunities, next week we will celebrate a whole year of them. I'm talking about the broadcasting event of the year. No, not the Super Bowl. I'm talking about one year of Fast Money. That's Tuesday, in our regular time slots. Who's celebrating this momentous occasion with us? you ask. Just the world's most rapacious capitalist. You might have heard of him: Carl Icahn. And that Governor guy too - Eliot Spitzer. He's good too. Don't want to give it all away, and trust me, there's plenty to reveal. You just have to tune inRemember, an open market, even a bad one, is a market in which you can make money. We'll see you then.. If you have questions about The Final Trade or suggestions for Fast Money, 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 |
No comments:
Post a Comment