 |
 | |||
| Want to know the trades that may make you money next week? Here's your playbook to tackle the Street: How Could You Trade Next Week's Fed Meeting? Is Tech Your Best Trade Now? Where Will Oil Head Now? |  | ||
 | |||
 | TS TITLE Click here for the Fast Money Trade School Lesson of the week. | ||
 | ||
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: KR Earnings After: JBL Eco: Consumer Conf., Richmond Fed, FOMC 2-day meeting begins, Case -Schiller Home Price Index Other: WaMu Special Shareholder Meeting, Deutche Bank Alt. Energy Conf. (AMAT speaks today), Jefferies Annual Health Care Conf Wednesday: Earnings Before: MON, Earnings After: NKE, ORCL, RIMM, BBBY Eco: FOMC RATE DECISION, Durable Goods, New Home Sales Other: Countrywide Special shareholder Meeting, Best Buy Annual Meeting, CSX Annual Meeting, Risk Management Conf. in NY Thursday: Earnings Before: CAG Earnings After: None Eco: Jobless Claims, GDP (final reading), Existing Home Sales Friday: Earnings Before: PAYX Earnings After: None Eco: Personal Income, Spending, Mich Confidence | ||
 | |||
 | The Fast Money five takes a look at the week's biggest market movers. | ||
 |
 |  |  |
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 |
 | |||
 | A few weeks ago, when the financials bounced off their post -Bear lows, I quoted my good friend Peter Parker from that excellent action adventure film "Spider Man 3" - who, after donning an evil black suit, exclaimed, "It feels so good to be bad." That may be the case, but as anyone who watched that terrific flick knows, eventually bad lost, and this too appeared to be the case with beleaguered financials as the group as a whole touched March lows. The culprit has not changed. Expectations of additional writedowns related to the bad bets on the mortgage market again hammered stocks, but in addition to balance sheet concerns was the realization that the income side of the picture is getting worse. In short, how will these institutions make money? And lest I forget this thing called oil? It continues to defy gravity, spiking higher despite tough talk from regulators, promises of increased production, and reduced demand. That is hurting the bottom line and dramatically affecting the spending habits of you, the consumer. Look no further than the airlines. Look no further than the autos. But with pain comes the opportunity to profit, and there still remain pockets of strength - namely energy names that continue to piggyback on crude's magnificent move. The calendar was relatively light this week - save the broker earnings. But that will change next week. First on the agenda will be the two-day Fed meeting, which gets under way on Tuesday. Virtually no one expects the nation's top moneyman to actually raise rates, but any clues to future hawkish behavior could set the tone and tenor for trading on Wednesday. The Fed will grab the early headlines, but the post-market on Wednesday will belong to earnings. Tech titans Oracle and RIMM both release results after the bell Wednesday, in addition to that Teflon consumer name Nike. While the rest of the market swoons, those three stocks are flirting with their 52-week highs. Is it time for a breakdown or breakout? The Fast Money will be watching. Also worth watching will be new home sales on Wednesday (which will be the busiest day of the week) and existing home sales on Thursday; Consumer Sentiment is released on Friday. Plenty of opportunities to make money and even more reasons to watch "Fast Money". Remember, an open market is a market in which you can make money, and we will try to do that all next week. I hope to 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