TRADER INSURANCE: Pete Najarian reveals why puts and calls help hedge risk. 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. | |||
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The casual investor is fast becoming familiar with what were, up until now, obscure but crucial parts of the financial markets. And those oblique corners and crevices (see: bond insurers, auction rate securities, currency valuations) are creating vast pitfalls, and perhaps more importantly, vast opportunity, for those who can stomach the volatility. Perhaps the more disturbing trend is the Dow's four-month losing streak, the second longest such run since the market was on a six month shnide in 2002. Next week, the calendar will be significantly quieter, with few earnings and economic data points to trade, but there will be a number of events to keep on your Fast Money radar. Retail news will grab most of the earnings headlines. Those on the low end may want to pay attention to names like Costco on Wednesday. Those with more refined taste should take a gander at Saks, which also releases on Wednesday. Investors will be watching the nation's top money man when Ben Bernanke gives a speech on mortgages on Tuesday. But the big economic news will be the jobs report on Friday, where we will see to what extent the credit crunch crimp job creation. All things worth watching. 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 questions about The Final Trade or suggestions for Fast Money, please send an email to FastMoney@cnbc.com |
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